Digitalization
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Collaborations & Novel Solutions to Bring Transformation in Mobile Payment Market
Collaborating with domestic players to expand services and launching innovative solutions such as offline mobile payment to offer ease and convenience to users are prime strategies adopted by market players active in the industry. Mobile payments have become widespread across the world with millions taking advantage of ease and convenience provided. With market players opting […] More
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EdgeVerve launches AI-powered solution
EdgeVerve Systems, which is the sister company of Infosys subsidiary that develops the cloud-based software applications, has now revealed an AI-powered solution for the financial institutions and banks. The solution which is known by the name as CollectEdge, will be going to help the enterprises reduce the delinquency rates, improved operational efficiencies, boost recoveries and […] More
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How Is New-Age Technology Boosting Workplace Collaboration?
A workplace comprises of a host of different teams working for a specific goal. Directly or indirectly, every team in an organization is working to achieve certain objectives that a company has set. Whether it is in terms of revenue or improving the brand identity. In a way, every team in the firm is working […] More
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L&T announces new strategic initiative L&T-Nxt
IT company Larsen and Toubro have now revealed a new strategic initiative that will soon be going to focus on some of the latest emerging technologies. The company said that the initiative, which is called as L&T Nxt, which is also aimed at the innovation while reaping the benefits of the digitization. It will focus […] More
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Moglix Transforms FMCG Giant Unilever Procurement’s Contracting Work
Unilever which is a fast-moving consumer good has now automated its contracting system by integrating a tool which is developed by the Moglix. The tool which is known by the name as iCAT, short for the intelligent contracting automation tool, is a cloud-based software solution that automates and consolidates large volumes of contracts, the company […] More
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AI To Son Eliminate Majority Of Management Work By 2030
Gartner Inc, which is a market research firm has now predicted that the Artificial Intelligence will eliminate by 2030 as much as around 70% of the project management tasks that are handled manually via human being as a present. AI will improve the outcomes of the tasks such as the analysis, reporting, data collection, which […] More
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Infosys and Roland-Garros Collaborated for Digital Innovation
Infosys which is the second largest IT company of India has now announced a three-year strategic technology partnership with the Roland Garros, which is the annual tennis Grand Slam event which is going to be held in Parris. According to the report which has been revealed, the collaboration is now aimed at using the latest […] More
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HCL Tech gets $1.3 billion renewal deal from Xerox
HCL Technologies has now signed a new contract with the Xerox Corp which is worth Rs 8982 crore. Under this seven-year agreement, HCL said it will now manage, Xerox support and global administrative functions as well as the information technology and finance functions. The relationship between the Xerox-HCL began in 2009 with the support and […] More
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Cybercriminality: what awaits us in a cashless society
As the economy is pushed towards the digitalization of currencies, and the eradication of liquid cash from the market, money itself is becoming increasingly exposed to cybercriminals. Online crimes already occur with breath-taking scale, speed, and sophistication, with future projections by analysist suggesting definite cause for alarm. Regulators and governments have been promoting a narrative […] More
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‘Telangana State GlobalLinker’ launched by Telangana Government
‘Telangana State GlobalLinker,’ a digital networking platform was launched by the Telangana Government in partnership with GlobalLinker an exclusive MSME enablement ecosystem, that also digitises and connects to over 2.3 million MSMEs in Telangana to a global community of minor and major business platforms.The step towards the agenda will also lend a hand in putting Telangana […] More
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India Is the Most Digitally Mature Country in the World: Dell Research
The top three, most digitally mature countries, are emerging economies with India gaining the highest digital maturity score. Globally, 78% (vis-a-vis India: 91%) report digital transformation should be more widespread throughout their organization. 51% leaders globally, (India: 48%) believe they’ll struggle to meet changing customer demands, while one in three worries they’ll be left behind […] More
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AI Startup Mad Street Den raises funding from Japan’s KDDI
India and US-based computer vision and artificial intelligence startup Mad Street Den has raised an undisclosed amount of funds from Japan-based telecom operator KDDI via KDDI Open Innovation Fund 2, managed by Tokyo-based independent venture capital firm Global Brain. The funds raised will be used to improve its AI capabilities, along with growing their sales and marketing team. The new […] More
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