India’s business intelligence software revenue to hit $245 million in 2017: Gartner

Jun 6, 2017 0

Mumbai– Indian business intelligence (BI) software revenue is forecast to reach $245 million in 2017 — a 24.4 per cent increase over $206 million revenue last year — market research firm Gartner said on Tuesday.

This forecast includes revenue for BI platforms (comprising of traditional and modern BI platforms), data science platforms, analytic applications and CPM Suites, Gartner analysts said during the “Gartner Data and Analytics Summit” here.

“The data and analytics market is undergoing a significant change. Adoption of machine learning techniques for data management and analytics, the settling of hype around big data through more mature data storage and processing and analysis solutions are a few of the changes,” Ehtisham Zaidi, Principal Research Analyst at Gartner, said in a statement.

“We are also seeing the rapid shift to the cloud and hybrid data management through focused offerings and the emergence of modern BI platforms, smart data discovery and self-service data preparation solutions, which are all fueling the next round of investments,” Zaidi added.

Indian Chief Information Officers (CIOs), Chief Data Officers (CDOs) and other data and analytics leaders are advised to evolve traditional approaches to focus on business outcomes, go with the market trends, benefit from algorithmic business, adopt new technologies and most importantly build trust.

“We are also seeing a huge focus on Internet of Things (IoT) data integration, data management and analytics by Indian companies, particularly in the consumer packaged goods (CPG) and manufacturing sector, who are determined the lead the market through competitive differentiation in these key areas,” Zaidi noted.

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Satya Nadella to address Microsoft’s India event

Feb 3, 2017 0

Mumbai– Indian-born Microsoft CEO Satya Nadella will visit India for Microsoft’s “Future Decoded” — a flagship technology and business conference to be held in Mumbai on February 21-22.

Satya Nadella

Nadella is scheduled to be engaged in conversations on how digital technology is empowering people and organisations across governments, education, banks, hospitals, e-commerce, entertainment and manufacturing organisations.

The conference will also feature immersive experiential zones that showcase cutting-edge technologies that are being used to digitally transform organisations in India.

The platform will bring together 1,500 business and government officials, including Andhra Pradesh Chief Minister Chandrababu Naidu, former MI5 director general Lord Jonathan Evans, Tata Motors Ltd CEO Günter Butschek; and Chairman and MD of Havells Anil Rai Gupta.

Microsoft employs over 113,000 people worldwide and nearly 6,500 in India.

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Hyderabad to host Indiasoft in Feb

Dec 2, 2016 0

Hyderabad– The 17th edition of Indiasoft, the global networking event for the Information Technology companies, will be held here on Feb 13-14, 2017, a Telanagana government official said on Friday.

As many as 500 international buyers from 75 countries and 250 Indian exporters will participate in this exhibition.

State Information Technology, Electronics and Communications Secretary Jayesh Ranjan told reporters here that it is the unique business opportunity for Indian exporters to interact with international buyers for forging business alliances and strategic global networking.

He said the event offer exclusive platform for the IT companies to forge new business collaborations, joint ventures and strategic alliances to strengthen their market position, adding it would be the largest gathering of Indian IT companies and international buyers under one roof.

Presently the US followed by Britain are the largest markets for Indian IT firms, but this is the time to think about the rest of the markets and grab the opportunities, said Ranjan.

The Indian firms may explore opportunities in Latin America, Africa and Middle East. An International research group, consisting of members from various countries will also participate in this event.

Stating that Hyderabad is a key hub of IT industries, Ranjan pointed out that the city is presently has Rs 60,000 crore IT exports.

Noting the Telangana government aims to double the present IT exports in next five years, he said that to encourage emerging IT enterprises, small and medium firms and start-ups, 50 percent subsidy will be provided by the state government to participate in Indiasoft.

Electronic and Computer Software Export Promotion Council Executive Director D.K. Sareen said that the event will facilitate competitively-priced IT solutions for the IT industries by offering wide range of software solutions.

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Indian software market to grow 12.8% in 2017: Gartner

Nov 17, 2016 0

Mumbai– Buoyed by the emerging digital business strategies that Indian firms are fast adopting, the country’s software revenue is set to reach $5.8 billion in 2017 — a 12.8 per cent increase from 2016, a new report said on Thursday.

According to the market research firm Gartner, infrastructure software spending in India is projected to surpass $3.4 billion in 2017, a 10.2 per cent increase from 2016 and enterprise application software spending is forecast to grow 16.8 per cent in 2017.

“Emerging digital business strategies are changing enterprise organisations’ buying behaviours in India and accelerating the demand for technology innovations and outcome-based solutions,” said Bhavish Sood, Research Director, Gartner, said in a statement.

The computer software and hardware vertical had a foreign direct investment inflow of $5.9 billion from April 2015 to March 2016 — an increase of nearly 150 per cent compared to the same period last year, the finding showed.

Gartner expects these investments to gather further momentum towards the year end.

“Make in India” is set to boost the manufacturing sector, as well as make it easier to attract investment and “Digital India” is focused on creating digital infrastructure, digital delivery of services and increased digital literacy, the report added.

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India important innovation hub for Adobe: Top executives

Nov 4, 2016 0

By Sourabh Kulesh

San Diego– India is an important innovation hub for Adobe and over time a lot of the company’s products have been developed in its Indian R&D centres located in Noida and Bengaluru, stressed top Adobe executives.

“Tools like InDesign and Illustrator are completely built in India. Photoshop elements team is also entirely based in India,” Mala Sharma, Vice President and General Manager of Creative Cloud at Adobe, told IANS on the sidelines of the ongoing Adobe Max 2016 creativity conference here.

Mala Sharma

Mala Sharma

“A big part of Adobe Sensei — which was released earlier in the day — was developed in India,” Sharma noted, adding that India has a lot to offer on a global stage.

Sharma also pointed out that there has been a 200 per cent increase (year-on-year) in job postings across Asia Pacific (APAC) in the creativity and design industry.

Adobe’s R&D is focused on developing product innovations that help businesses drive digital transformation and deliver amazing experiences for their customers, Shanmugh Natarajan, Executive Director and Vice President (Products) at Adobe India, added.

“Adobe’s India R&D centres are an integral part of the company’s overall innovation focus and significant contributors to our global efforts towards creating, developing and supporting products and innovations across Adobe Marketing Cloud, Adobe Creative Cloud and Adobe Document Cloud,” Natarajan said.

“Various parts of the many technology showcases announced at Adobe MAX 2016 (including Adobe XD, Illustrator and InDesign) have been developed with close involvement of the India R&D centers and our team is excited to be a part of these amazing technology innovations,” Natarajan added.

Digital marketing is a high growth business for Adobe and a significant part of R&D activities for Adobe Marketing Cloud are driven out of Adobe’s India R&D labs.

“India is a huge investment for us,” Sharma said.

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Microsoft stops selling Windows 7, Windows 8

Nov 4, 2016 0

New York– US tech giant Microsoft has ended sale for both the Windows 7 and Windows 8 operating systems and these can no longer be bought with a new PC.

“End of sales refers to the date when a particular version of Windows is no longer shipped to retailers or Original Equipment Manufacturers (OEMs),” Forbes.com reported on Thursday.

Examples of OEMs include Dell and Toshiba, PC manufacturers who often pre-install Windows software.

While Windows 7, launched in 2009, was on sale for seven years, Windows 8/8.1 was on sale for just four years.

Despite ongoing updates support for Windows 7 and Windows 8.1 until January 2020 and 2023, the end of sales is likely to give the flatlining Windows 10 a boost, the report said.

Earlier this year, Microsoft announced that it would roll out two major updates for Windows 10 next year.

According to Windows Central, while the first major update for 2017 — codenamed Redstone 2 — would release in the early part of 2017, the second one — codenamed Redstone 3 — might be released in 2017 summer.

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Infosys unveils modular e-commerce platform

Sep 28, 2016 0

Bengaluru–Software major Infosys Ltd on Wednesday unveiled a mobile first and modular platform to drive e-commerce programmes across retail channels.

The platform has been developed by Skava, a Silicon Valley-based e-commerce start-up that the IT major acquired in June 2015 for $120 million, to enable businesses leverage cloud-based micro-services and white label applications to launch new offerings and improve conversion rates of digital channels.

“The platform can integrate into present technologies, while providing a future-ready architecture for next-generation shopping experiences leveraging artificial intelligence (AI) and machine learning, natural language processing and virtual reality (VR),” the IT major said.

The platform also has a mobile-first responsive web store and native mobile shopping applications that can be managed by non-technical business users through its Studio, an intuitive web-based experience management tool.

“The architecture of Skava platform helps simplify and accelerate the deployment of e-commerce services cost effectively and without large up-front investments,” a company statement said.

With its global consulting and integration capabilities, gained through partnerships with companies such as Aimia, Darden, and Vodafone, the outsourcing firm will pitch the platform to its global client base of retailers and CPG (consumer packaged goods) firms who need a modular approach to maximise the value of digital customer engagement.

Vishal Sikka

Vishal Sikka

Infosys Chief Executive Vishal Sikka observed many businesses face complex, legacy IT systems that result in fragmented consumer experience across channels and limit retailers’ ability to rapidly prototype, test and launch new digital offerings.

“By taking a platform-centric approach, leveraging Skava Commerce, retail clients can develop and roll out new offerings on an ongoing basis, enable a consistent brand experience across channels and deliver unique experiences within,” said Sikka on the occasion.

Peter Sheldon, Principal Analyst, Forrester Research, wrote in a recent report that much of the growth over the next five years will be driven by re-platforming activities as online retailers look to fortify the scalability of their technology and branded manufacturers increase focus on direct-to-consumer digital channels.

Skava platform provides a suite of e-commerce micro-services that can be used stand alone or in conjunction with others, and implemented without downtime. Its modern architecture scales as traffic increases to provide a consistent experience across all channels.

“Skava has a history of innovation, driving the mobile-first approach to e-commerce ahead of the rest of the industry. The work we have done with some of the largest retail brands stands testimony to that,” said Skava Chief Executive Arish Ali.

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Prescient’s integrated building platform yields three completed dormitories

Aug 19, 2016 0

dormARVADA, Colo.–Prescient, a Colorado-based technology company that uses its proprietary patented software, design, engineering, manufacturing and installation platform, welcomed students to the newly constructed student dormitories at the University of Texas (UT) and the University of South Florida (USF).

Satyen Patel

Satyen Patel

“Fast and timely installations are essential to student housing projects in order to avoid costly penalties for developers and general contractors driven by move-in deadlines corresponding with the commencement of the school year,” commented Satyen Patel, Chairman and CEO of Prescient. “We’re meeting and beating what others would consider impossible deadlines, and providing quality, cost-effective, precision-manufactured structural systems for buildings on campuses across the country.”

These dormitories, completed in conjunction with JE Dunn Construction and CBG Building Company will house nearly a thousand students for the 2016-2017 school year.

The University of Texas’ on-campus student housing project, “The Corner,” a 207-bed, 80,000 square foot project, was completed in July. The eight-story structure is the tallest of Prescient’s student housing structures thus far.

The student housing project at USF is a six story, 242,000 square foot student dormitory completed with construction partner, CBG Building Company in Tampa, Florida.

Prescient is a software design, structural system manufacturing and installation company with an innovative design platform that offers a faster, greener and more cost-effective alternative to conventional building structures. Prescient’s primary market segment is multi-unit buildings including apartments, student housing, senior living and hotels.

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Microsoft invites developers to use machine learning, data

Aug 8, 2016 0

Bengaluru–Global software giant Microsoft on Monday invited Indian developers to use its machine learning and data platforms for building digital products and solutions to transform businesses and drive inclusive growth.

“Our ambition is to democratise access to new technologies so that software developers can build, innovate and transform the world with them,” said Microsoft data group Vice President Joseph Sirosh at a conference on machine learning and data sciences here.

Joseph Sirosh

Joseph Sirosh

Noting that cloud-based services for machine learning and big data, coupled with the Internet of Things (IoT) have the potential to revolutionise every aspect of life, including sports, healthcare, education and even government, he said the company’s unique platforms such as the Cortana Intelligence suite were helping customers to harness the power of artificial intelligence.

The two-day conference is aimed at exploring the possibilities with big data, machine learning, artificial intelligence and open source technologies in enabling platforms, intelligent apps, services and experiences to accelerate economic growth, empower people and drive real impact.

Demonstrating the power of data analytics, Microsoft unveiled an Azure machine learning-based approach for calculating target scores in weather-interrupted T-20 cricket matches.

The platform uses machine learning, applies advanced analytics to past data and existing mathematical formulation to derive the outcome. The approach is available as a Jupyter notebook in Microsoft’s Cortana Intelligence Gallery for software developers to build on and improve using present data across multiple areas such as playing conditions, weather and cricket grounds.

“We see immense possibilities to partner in India’s digital transformation with our transformative technologies, our offerings and local cloud services,” said Microsoft India (Research & Development) Managing Director Anil Bhansali.

Microsoft’s capabilities and pioneering work in machine learning is also helping bring efficiencies in Indian agriculture, healthcare and education.

“We are extending the benefits of machine learning to the sports fraternity by offering a platform for Indian software developers to create solutions that could change the approach to sports administration and sports management,” Bhansali said.

About 600 participants, including data scientists, students, developers, government elites, start-ups, cricketers and Microsoft experts are sharing new insights at the conference and showcasing solutions to drive digital transformation of organisations and communities in India and worldwide.

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Microsoft acquires Indian-American’s messaging app startup

Jun 17, 2016 0

New York– With an aim to strengthen its position in the emerging era of conversational intelligence using artificial intelligence (AI), software giant Microsoft has acquired a California-based messaging app founded by an Indian.

Wand Labs, which builds messaging technology for apps, was brought to life by an IIT-Delhi alumnus Vishal Sharma in 2013.

Vishal Sharma

Vishal Sharma

With Sharma, an experienced leader and entrepreneur in the field of search and knowledge, Wand Labs has already been developing in areas specific to “Conversation as a Platform”.

“This acquisition accelerates our vision and strategy for Conversation as a Platform, which Satya Nadella introduced at our ‘Build 2016′ conference in March,” said David Ku, Corporate Vice President, Information Platform Group (Microsoft) in a blog post.

“Wand Labs’ technology and talent will strengthen our position in the emerging era of conversational intelligence, where we bring together the power of human language with advanced machine intelligence, connecting people to knowledge, information, services and other people in more relevant and natural ways,” he added.

The terms of the acquisition were not disclosed.

The move builds on and extends the power of the Bing, Microsoft Azure, Office 365 and Windows platforms to empower developers everywhere.

The Wand team’s expertise around semantic ontologies, services mapping, third-party developer integration and conversational interfaces make them a great fit to join the Bing engineering and platform team, especially with the work we’re doing in the area of intelligent agents and chat bots, Ku noted.

According to Microsoft, Vishal is a unique talent and a well-respected thought leader in this area.

“We are confident that he and his team can make significant contributions to our innovation of Bing intelligence in this new era of Conversation as a Platform. I am excited to welcome Vishal and the Wand Labs team to Microsoft,” Ku added. (IANS)

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