April, 2024 - Business News Week

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The book “Age of Agency” authored by South Indian-origin, South African and former Microsoft executive Kerushan Govender launched

Apr 4, 2024 by Gayathri Pariti 0 Comments #Age of Agency, #Kerushan Govender, #South African, #South Indian-origin

Hyderabad, April 04, 2024…. The book “Age of Agency” authored by Indian-origin South African and former Microsoft executive Kerushan Govender launched in a function held in a Hotel Deccan Serai Grande in Telecom Nagar in Gachibowli, Hyderabad on Wednesday

The book was unveiled by Mr Bharani Kumar Aroll, President & CEO at TechTriad Inc. Former Secretary General of the Society for Cyberabad Security Council (SCSC) and Past President of Hyderabad Software Enterprises Association (HYSEA); Prof. Atul Negi, Dean, School of Computer & Information Sciences, University of Hyderabad and Shri R. P. Thakur I.P.S., Former DGP of Andhra Pradesh

BALA REDDY_PROF NEGI__RP Thakur_Kerushan Govender_Bharani Kumar Aroll at the launch of the book AGE OF AGENCY RISE WITH AI authored by South Indian Origin South African pic 3

Answering a media query on the impact of deep fakes, AI-generated fake videos, AI manipulated Media to malign the opposition in the forthcoming Indian Elections, the festival of democracy, where 100 core population is going to vote, Prof Atul Negi said we need not unduly worry about this as there are technologies which identify what is deep fake. While computer-literate and digitally savvy people will be able to differentiate what is deepfake and what is not, the common public may be affected.

Kerushan Govender has a different view. Anyone with a laptop can make believable deepfakes. So, there is a risk as there are elections in the USA, South Africa and India. But the threat may not be as big as one imagines. There is only way to address it is by regulating it. But, unfortunately, not many governments have moved forward to regulate by way of legislation. You know legislation takes a long time to come in by then a lot of things in the area of Artificial Intelligence must have changed. The speed at which it is changing is a challenge. And two what to regulate and three who regulates it and how do they do it. If AI has to be regulated it has to be done through legislation, and that legislation has to be brought not in the usual ways of legislation introduced, said Kerushan Govender, AI Expert and the author of the book Age of Agency.

Addressing the gathering before launching the book Bharani Kumar Aroll, former HYSEA President said Hyderabad has been growing on leaps and bounds as far as software exports which registered 30 billion US $ in the years 2022 and 2023 and there is likely growth of 25% this year

In terms of employment, it employs 9 lakh directly and each employee indirectly creates another three jobs. This means the IT corridor employs 36 lakh direct and indirect employees, he added.

There is an apprehension that AI will take away jobs. It is predicted that 15 to 20% of jobs will be replaced. Those skills which were in demand 10 years ago have become irrelevant now AI will be an enabler. By the year 2030, an AI-driven economy will be worth 14 to 15 billion US$. It will also impact 30 to 40% of jobs by then. According to a report, artificial intelligence has the potential to add a cumulative $ 1.2-1.5 trillion to India’s Gross Domestic Product over the next seven years, Bharani Kumar added.

R.P Thakur said along with growing technology so also the complexity of the crimes. Phone tapping was easy and even detection too was easy before computers were introduced. Technology also must be used to control the crime.

Prof Atul Negi explained why the title of the book Age of Agency was very apt. We are living in the Age of Agency. We have agents everywhere. For instance, there are agents to book your cab online and so also other services. No matter how much ever we progress technologically, humanity will prevail.

Age of Agency provides insights into how to leverage AI’s capabilities to power productivity and success. By better understanding AI, you will learn to use it as a powerful tool for personal growth and business success, the author Kerushan Govender said.

A former Microsoft executive, Kerushan Govender demystifies AI, emphasizing the importance of human agency; reconnecting with the needs of humanity and learning the importance of care as a differentiator in an AI world.

Indian origin-South African, Govender was in the city at the invitation of Gopu Bala Reddy Chairman/Managing Director, Cura GRC Private Limited. The author was once upon a time an employee of Cura GRC Private Ltd, then quit and worked with Microsoft and now is an author of the book as well as a consultant to the company.

Kerushan Govender, CEO of Blacfox Enterprises Pty Ltd, Cape Town, South Africa, is a prominent figure in the business and technology landscape. His impressive track record includes several leadership roles at Microsoft, where he played a pivotal part in doubling a US$250 million segment across 80 countries within three years. He has also transformed a US $10 million business into a thriving venture with an annual turnover exceeding US $ 50 million informed Bala Reddy while welcoming the gathering.

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Innovation Meets Entrepreneurship at Innoventure 2024 at NMIMS Chandigarh

Apr 4, 2024 by Gayathri Pariti 0 Comments #Dr Jaskiran Kaur, #Mr. Amrish Patel, #NMIMS Chandigarh, #SVKM’s

SVKM’s NMIMS Chandigarh conducted a two-day event dedicated to the spirit of innovation in the form of their annual Innoventure 2024 event. This lively competition called for an eclectic gathering of dreamers, inventors and innovators to show off their creativity and be selected to represent the next big idea. The Innoventure stage was built to welcome truly diverse minds, whether an experienced founder, a growing entrepreneur, or a student with a fresh idea.

innovation

The highlight of the event was the presence of the Shri Banwarilal Purohit, Hon’ble Governor of Punjab & Administrator of Chandigarh, who was present as chief guest on the second day. In his special address at the event, lauding NMIMS Chandigarh’s initiative, Hon’ble Governor, Shri Banwarilal Purohit encouraged the students to firmly say no to ill- gotten wealth and stay on the path of honesty and truthfulness while taking a pledge to serve the country. He added, “Our NEP is very robust and encourages boosting infrastructure. I urge the institution to invest in refresher courses and invite experts regularly so that no one is left behind in this competitive world. Moreover, the institution should be run on the principles laid down by Mahatma Gandhi and Kasturba Gandhi by upholding ethics and total
transparency.”

The event was also graced by the esteemed Chancellor of SVKM’s NMIMS, Mr. Amrish Patel. Addressing the august audience, he said, “We have been dedicated to delivering high-quality education to the new generation of students for many years now. I want to ssure you that NMIMS Chandigarh will continue to pursue its goal of empowering young students with the skills and knowledge they need to be self-reliant.”

The event ushered in an impressive guest panel composed of industry thought leaders, company founders, investors and business experts as judges of the main event. The panel of judges provided a world-class benchmark for students to rise in their entrepreneurial endeavours.

The panel of experts at the two-day event included Dr. Puran Singh, Associate Professor, IIT, Mandi, Vidur P Bansal, Founder and CEO, Workcave Coworking, Mr. Kaushik Roy, Founder & CEO, Biryani By Kilo, Mr. Gurpreet Singh, Vice President, IQVIA, Mr. Rishabh Gupta, Founder, Axiom Ayurvedic, Mrs Nikita Mishra Khurana, Head Investments, Chandigarh Angels Network, Mr Hitesh Gulati, Founder, Diversity Ace, Mr Ekant Aggarwal, Startup and Legal Consultant, Mr. Shiven Tondon, Principal, July Venture, Mr Sahil Makkar, MD, Punjab Angels Network, Mr Brahm Alreja, Founder and Director, Innovative Incentives & Rewards Pvt Ltd., Mrs Deepali Gulati, President, WICCI CSR Council, Chandigarh, Mr. Satish Kumar Arora, Vice President, TIE Chandigarh, and Mr. Hetal Sonpal, Startup Evangelist and TED Speaker.

The students got a chance to showcase their skills and pitch their groundbreaking ideas in the form of groups, with an average of 5-10 minutes to complete their pitches, depending on the pitching round. In addition to winning exciting cash prizes, this event allowed participants to directly network with industry leaders, gaining valuable professional insights and finding inspiration to take the next steps in their journey as future founders, entrepreneurs and CEOs.

The event drew bright and enthusiastic students of NMIMS into the limelight with its engaging roster of activities. The highlight event was the thrilling pitching competition, where participants exhibited their business ideas and inventions to the illustrious guest panel composed of angel investors, established authors, financial gurus and company heads who posed as strict judges. Every passionate pitch held the promise of a budding venture waiting to be recognised.

Exciting cash prizes worth up to the sum of Rs. 1 lakh were awarded to the most innovative and promising ideas. The top winners received prizes along with recognition and exposure to potential investors and collaborators. Meanwhile, the event turned out to be an invaluable experience for all participants, fuelling entrepreneurial aspirations and ambitions. The pitching sessions were complemented by an engaging panel session hosted by angel investor, author and TEDx speaker Mr Hetal Sonpal.

The final pitching round was followed by the declaration of results and a gala dinner. Competition winners were given the unique opportunity to join in and personally interact with the event judges.

The winners at Innoventure were Yashvi Kamboj and Kinjal Madaan from Reverberate- Sound Pressed of Chitkara International School, who secured the 1st position. Vansh Saini claimed the 2nd position. The 3rd position was jointly shared by The Incredibles, comprising Pratima Sikarwar and Shiv Gahlawat from Panipat Institute of Engineering and Technology (PIET) KUK, and Ease Fitness, represented by Mansi Gupta and Abhishek Kumar from PIET KUK.

Speaking about the unique event, Dr Jaskiran Kaur, Director, NMIMS Chandigarh, said, “It is the age of startups and we at NMIMS encourage the spirit of entrepreneurship at our campus. I am certain that budding entrepreneurs on our campus got practical insights into the world of business from the wisdom shared by the experts present at Innoventure 2024. We want to nurture the talents of our students by moving beyond classroom learning and this event was a testimony to that philosophy.”

Overall, the Innoventure 2024 event was a fascinating look into the minds of tomorrow – a glimpse at promising future leaders, pioneering inventors and bold innovators who will certainly go on to disrupt the Indian entrepreneurial landscape for the better.

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Re’equil expands its Retinol Cream range with advanced 0.3 Percent and 0.5 Percent Retinol concentration creams

Apr 4, 2024 by Gayathri Pariti 0 Comments #Dr. Aseem Sharma, #Re’equil, #Retinol Cream

Hyderabad: April 04, 2024: Re’equil, India’s leading Cosmeceutical brand dedicated to providing innovative and effective solutions, announces the expansion of its Retinol Cream range with advanced formulations featuring 0.3% and 0.5% Retinol concentrations.

The Retinol 0.3% Cream offers a higher concentration of Retinol than the 0.1% formulation to address skin issues and promote greater skin cell recovery. This elevated formula targets a spectrum of skin concerns, including uneven texture, loss of firmness, and excess oil, while also reducing pigmentation. It will also provide greater benefits for people seeking to enhance their skin’s smoothness, texture, and prevent acne.

Re_equil Retinol 0.3 Creams

The second product in this line-up is the Retinol 0.5% Cream. The potent formulation is designed to combat fine lines, wrinkles, blemishes, and dullness, delivering visible results with consistent use. The Retinol 0.5% formulation further will enable users to address advanced the skincare concerns such as acne scars that require stronger formulations. Experience firmer, more supple skin with this powerful cream.

Dr. Aseem Sharma, Consultant Dermatologist from Mumbai and Advisor to Re’equil India emphasizes, “Retinol is transformational in its versatility, addressing various skin concerns from anti-aging to acne, all rooted in its Vitamin A origins. Backed by extensive research spanning a century, Re’equil’s Retinol offers a spectrum of benefits. Different concentrations cater to diverse needs, promoting efficacy while ensuring skin comfort. Whether starting with 0.1% for beginners or opting for higher strengths, gradual integration and SPF protection are key.”

For beginners, the brand suggests starting with the Retinol 0.1% Cream and advancing to Retinol 0.3% Cream once comfortable. If targeting deeper wrinkles is a priority, the brand recommends the Retinol 0.5% Cream once your skin is comfortable with the lighter variants.

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Khaitan & Co unveils KAI, a revolutionary leap in legal innovation

Apr 4, 2024 by Gayathri Pariti 0 Comments #Khaitan, #Large Language Model, #legal innovation, #Rohit Shukla

New Delhi, 04 April 2024: In a strategic move towards innovation and tech integration, Khaitan & Co, a leading full-service law firm, has unveiled ask.KAI and DocInsight as part of its artificial intelligence (AI) initiative, KAI (Khaitan & Co AI). The initiative represents a strategic integration of AI across the firm’s operations, aimed at enhancing efficiency, augmenting professional capabilities, and leading innovation in the legal domain.

Rohit Shukla, Chief Digital Officer, Khaitan & Co stated, “The launch of ask.KAI and DocInsight represents a significant step in our commitment to transform legal practices through innovative AI solutions. Its approach combines a unique self-learning architecture, prompt standardisation and a meticulously curated database, that can set a new standard for legal innovation in India.”

At its core, KAI deploys high-impact AI applications that streamline legal processes and elevate client service. It leverages Microsoft Cloud and Azure OpenAI Services for enhanced security and reliability.

ask.KAI is a virtual generative AI assistant that allows secure testing of conversational Large Language Model (LLM). Since it’s firm-wide launch, ask.KAI has engaged multiple unique users with different user prompts submitted. The tool will provide continuous workforce training, embed AI within workflows through process re-engineering, and ensure rigorous data privacy and compliance protocols, actively collaborating with clients to co-create solutions, and foster a culture of experimentation from the executive level.

DocInsight is a proprietary retrieval-augmented generative AI solution. It enables foundational LLM models to provide accurate responses even for specialised topics that may not be present in the original training data. DocInsight augments responses to user queries with relevant structured data from our comprehensive data and knowledge platform, and user specified databases to provide contextual and tailored answers attuned to nuances.

Khaitan & Co plans to automate tasks and empower legal professionals, thereby ushering in a new era of legal transformation. Leveraging its comprehensive AI integration strategy, advanced data analytics, and customized AI solutions, KAI aims to responsibly leverage AI while harnessing the firm’s knowledge, continuously training its users on ethical AI usage and improving clients’ service experience.

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Celebrate Gudi Padwa with Exceptional Home Buying Offers: A New Beginning Awaits

Apr 4, 2024 by Gayathri Pariti 0 Comments #Gudi Padwa, #Mr. Himanshu Jain, #Mr. Prashant Sharma, #Mr. Vedanshu Kedia, #Prescon Group's Festive Bonanza

As Gudi Padwa heralds the Hindu New Year, it brings with it a wave of optimism, rejuvenation, and the promise of new beginnings, particularly in the vibrant state of Maharashtra. This auspicious occasion, deeply rooted in tradition and cultural significance, is widely recognized as an ideal time for making significant life decisions and investments. Among such investments, buying a home stands paramount, symbolizing prosperity, stability, and growth.

Mr. Prashant Sharma - President, NAREDCO Maharashtra

Mr. Prashant Sharma – President, NAREDCO Maharashtra said, “The auspicious occasion of Gudi Padwa, heralds the advent of the New Year and fresh beginnings. We believe it will have a positive impact on the resilient and robust real estate markets of Mumbai and Pune. These cities, known for their dynamic growth and pivotal role in India’s economic landscape, have continued to show remarkable growth in the face of challenges, underscoring their position as desirable destinations for homebuyers and investors alike.”

“The past year has been a testament to the unwavering demand in both Mumbai and Pune’s real estate sectors, driven by favorable market conditions, proactive government policies, and a strong appetite for quality housing and commercial spaces. According to reports, Mumbai, with its evergreen allure as the financial capital, and Pune, with its emergence as a tech and educational hub, have both seen significant interest from a diverse spectrum of buyers, including NRIs and HNIs, who recognize the long-term value these markets offer. As we step into the New Year, our outlook for the real estate market in Mumbai and Pune remains optimistic. We anticipate a continued surge in demand, spurred by the ongoing infrastructural developments, the attractive interest rate environment, and the growing trend of homebuyers seeking better lifestyle options. The introduction of new projects, coupled with innovative offerings by developers to meet the evolving needs of customers, is expected to further buoy the market,” Mr. Sharma further added.

Understanding the emotional and financial significance of this festival, leading real estate developers in Maharashtra are rolling out exclusive offers, making it an opportune moment for homebuyers to turn their dreams into reality. From lucrative discounts to flexible payment schemes, and even exemptions on GST and stamp duty, the array of offers available is designed to ease the financial burden on buyers and provide them with a seamless path to homeownership.

Prescon Group’s Festive Bonanza

On the auspicious occasion of Gudi Padwa, Prescon Group, a name synonymous with excellence and trust in real estate, is delighted to announce an exclusive offer at their prestigious project, Prescon Midtown Bay, located in the heart of Mahim. For a limited time until 15th April 2024, homebuyers can avail themselves of semi-furnished 2.5 BHK and 3 BHK apartments situated on the higher floors, spanning from the 26th to the 35th level, ensuring breathtaking views and unparalleled luxury. Additionally, for any unit booked, the developer is offering a complimentary modular kitchen complete with white goods, enhancing the culinary experience in these beautifully designed spaces. This exceptional offer is designed to enrich the living experience of Prescon Midtown Bay residents, making this Gudi Padwa truly memorable.

Mr. Vedanshu Kedia, Director at Prescon Group, captures the essence of the festival, stating, “Gudi Padwa not only ushers in the New Year but also instills a sense of positivity among consumers, reflecting significantly in their purchasing decisions. We have specially curated our Gudi Padwa offers to match the aspirations of our customers, anticipating a surge in demand. With our projects, we aim to continue this momentum of robust sales.”

Tridhaatu Realty’s Unmatched Offers

This Gudi Padwa, Tridhaatu Realty is setting a new benchmark by presenting an extraordinary opportunity to own a 2BHK home equipped with smart home automation at their prestigious Tridhaatu Morya project in Chembur. These homes are ready-to-move-in and are being offered at an unbeatable starting price of only 2.09Cr. In addition, the developer is enhancing the appeal by providing IKEA vouchers valued at 5Lacs, allowing new homeowners the freedom to personalize their spaces according to their preferences and styles. To further sweeten the deal, Tridhaatu is waiving off GST and stamp duty, making it a not-to-be-missed opportunity for those seeking a modern and stylish living experience.

Mr. Govind Krishnan Muthukumar, Co-founder & Director of Tridhaatu Realty, emphasizes the uniqueness of this offer: “This Gudi Padwa, we extend a warm invitation to the new-age homebuyers to seize this exceptional opportunity. Our offers are not just financially appealing but are also designed to enhance the living experience of our customers, making it a perfect time to invest in your dream home amidst the rising property prices.”

Siddha-Sejal Group’s Special Gudi Padwa Offer

Siddha Group, a leading real estate developer with a national footprint, along with partner Sejal Group, announces a special Gudi Padwa offer to prospective homebuyers for their project Siddha Sky at Sion NX, with prices for 2&3 BHK residences starting at 2.05 Crore* onwards. Alongside, the developer is also providing spot incentives for instant booking.

Mr. Samyak Jain, Director, Siddha Group, remarked, “Gudi Padwa is traditionally seen as an auspicious time for purchasing homes, and this sentiment is particularly strong this year due to current market conditions. Historical data indicates a significant increase in sales during this festival in Mumbai, compared to other times of the year. With this trend in mind, we’re anticipating a rise in sales this Gudi Padwa. To celebrate this occasion, we are offering a special Gudi Padwa scheme as well as spot incentives with every purchase.”

Group Satellite’s ‘Scratch N Win’ Offer

Group Satellite is celebrating Gudi Padwa with a ‘Scratch N Win’ offer for their project Aarambh Avyaan at Malad, presenting a golden opportunity for customers to win an array of enticing prizes including 10GM Gold, Electric Bike, two air conditioners, a modular kitchen, an iPhone 15, Amazon vouchers ranging from ₹10,000 to ₹50,000, a washing machine, a fridge, an Alexa Home Device, or a 32-inch TV. Uniquely, winners have the option to substitute their prizes for cash, which can then be deducted from the final all inclusive cost, offering a versatile benefit to potential homeowners and investors alike.

Mr. Himanshu Jain, VP – Sales, Marketing and CRM, Satellite Developers Pvt. Ltd. (SDPL) says, “Festivals in India often encourage financial and significant life decisions, with many believing it to be an auspicious time to make such commitments and Gudi Padwa is one such occasion. By introducing this unique offer, Group Satellite is leveraging the cultural importance of the festival to appeal to individuals who are considering major life choices, like buying a house. There is a strong demand for housing which can be attributed to various factors, including urbanization, the growth of the middle class, and potentially post-pandemic recovery phases where people are looking to invest in safer and more personal living spaces. The festive occasion of Gudi Padwa will further fuel this demand for housing.”

Mr. Sharma concludes, “Gudi Padwa, traditionally considered an auspicious time for new beginnings and investments, presents a unique opportunity for homebuyers to make their dream home a reality. We encourage prospective buyers to capitalize on the favorable conditions and make informed decisions, contributing to the growth and vibrancy of the real estate sector.”

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KBI Biopharma Strengthens Quality and Regulatory Affairs Expertise with Appointment of Chief Quality Officer

Apr 3, 2024 by Gayathri Pariti 0 Comments #CDMO, #J.D. Mowery, #KBI Biopharma, #Peter Carbone, #Regulatory Affairs

KBI Biopharma, Inc. (KBI), a JSR Life Sciences company and cGMP contract development and manufacturing organization (CDMO), today announced the appointment of Peter Carbone as the new Chief Quality Officer, strengthening KBI’s expertise in Quality and Regulatory Affairs.

A highly respected and successful industry leader, Peter brings over 35 years of experience in operations, quality, and technology leadership in a diverse range of areas in the life sciences spectrum, including biotechnology, pharmaceuticals, and advanced therapies. Peter will lead KBI’s Quality and Regulatory Affairs team, spearheading compliance and regulatory initiatives for customers worldwide and positioning KBI to provide the services, expertise, and leadership to partner with health authorities on regulatory policy.

Peter_Carbone

“We have made a commitment to establishing KBI Biopharma as a thought leader and catalyst for change in Regulatory Affairs within the biopharma sector,” said J.D. Mowery, President & CEO of KBI Biopharma. “Peter’s addition to our team bolsters our expertise in quality and regulatory compliance and facilitates our continued transformation in support of our current and future customers. His passion for making a difference in the world, coupled with his drive to develop and deliver innovative products that improve patients’ lives, makes him an invaluable asset to KBI.”

“I am thrilled to join KBI Biopharma during a time of significant evolution for the company,” said Peter Carbone, Chief Quality Officer of KBI Biopharma. “We are poised for remarkable advancements in the biopharma industry, and I look forward to working with this talented team to drive innovation, ensure quality, deliver exceptional results, and ultimately make a meaningful impact on patients’ lives worldwide.”

Prior to joining KBI, Peter led engineering, operations, and quality organizations at major pharmaceutical companies, including Bayer, Amgen, Allergan, Novartis, Acorda, and the Center of Breakthrough Medicines. He holds a BS in Chemical Engineering from Rensselaer Polytechnic Institute.

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Vitesco Technologies publishes its third independent Sustainability Report

Apr 3, 2024 by Gayathri Pariti 0 Comments #Driver of Sustainability, #SBTi, #third independent Sustainability Report, #Vitesco Technologies

Hyderabad, April 03, 2024: Vitesco Technologies, a leading international supplier of advanced drive technologies and solutions for e-mobility, today publishes its third independent Sustainability Report. The report documents the company’s progress across seven material topics. Among other things, it is guided by the standards of the Global Reporting Initiative (GRI), the Sustainable Development Goals (SDGs), the United Nations Global Compact (UN GC), and the recommendations of the Taskforce on Climate-related Financial Disclosures (TCFD).

“Thanks to our passionate team and our strong ambition to be a ‘Driver of Sustainability’, we managed to further embed sustainability in our business processes in 2023,” says Dr. Anja Rivera de la Cruz, Head of Sustainability and Security at Vitesco Technologies: “We have thus performed valuable pioneering work and paved the way for our future endeavors.”

Among other things, the company carried out a comprehensive materiality assessment in 2023 in preparation for the European Corporate Sustainability Reporting Directive (CSRD) based on the final European Sustainability Reporting Standards (ESRS), which were published in July 2023. The Sustainability Agenda was further developed in line with the results of the materiality assessment. The six existing material topics – Clean Mobility, Climate Protection, Resource Efficiency and Circularity, Fair Work and Diversity, Responsible Sourcing and Partnerships, and Occupational Health and Safety – were reconfirmed, and Business Ethics and Compliance was added as a seventh material topic. The present Sustainability Report is also structured according to these material topics.

To measure its progress, Vitesco Technologies uses Key Performance Indicators, such as the eNPS (Employee Net Promoter Score), the accident rate, the waste recycling quota, and the share of electrification solutions in its business. The report also presents a wide range of examples of how sustainability is established at all levels within the company.

Vitesco Technologies achieved an important milestone in the 2023 reporting year with the validation of its short-term climate targets by the Science Based Targets initiative (SBTi): Vitesco Technologies has set itself the target of reducing absolute GHG emissions from its own operational activities (Scope 1 and 2) by 100% by 2030 compared to the base year 2019. Furthermore, the company has committed to reducing its absolute Scope 3 emissions by 25% by 2030 compared to the base year 2021. Beyond this, Vitesco Technologies aims to achieve net-zero greenhouse gas emissions across the entire value chain by 2040.

Vitesco Technologies is a leading international developer and manufacturer of cutting-edge drive systems for sustainable transport solutions. With the help of intelligent system solutions and components for electric, hybrid, and internal combustion drive systems, Vitesco Technologies makes clean, efficient, and affordable transport a reality. The product portfolio includes electric drives, electronic control units, sensors and actuators, and exhaust aftertreatment solutions. In 2021, Vitesco Technologies generated sales of €8.3 billion. It employs nearly 37,000 people at around 50 sites. Vitesco Technologies is headquartered in Regensburg.

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Infyz Solutions Teams Up with Microsoft Azure Marketplace to Redefine Port, Shipping, and Logistics Management

Apr 3, 2024 by Gayathri Pariti 0 Comments #Infyz Solutions, #iTOMS, #Microsoft Azure, #Srinivas Ramireddy

Hyderabad, 3rd April 2024: Infyz Solutions – a forerunner in delivering top-tier SaaS solutions for port, shipping, and logistics management, proudly announced a pioneering partnership with Microsoft Azure Marketplace and G7 CR Technologies (A Noventiq Company). This alliance exhibits two cutting-edge offerings: “iTOMS,” the Port/Terminal Operating System, and “iNauka,” the Shipping Liner Software, set to redefine industry standards.

The strategic collaboration between Infyz Solutions and Microsoft Azure Marketplace heralds a new era of efficiency and productivity in port, shipping, and logistics operations by way of their SaaS offering. The debut of iTOMS and iNauka on the Microsoft Azure Marketplace underscores Infyz Solutions’ undeterred dedication to leveraging modern technology for industry advancement. Integrating seamlessly with Azure’s robust AI and ML capabilities, these solutions are set to revolutionize operational efficiency and facilitate data-informed decision-making in the shipping & logistics management industry.

iTOMS and iNauka has introduced a versatile subscription approach, flawlessly integrating AI and ML for boosted productivity, informed decision-making, and fortified data security.

Speaking on this launch of these AI-powered solutions on the Microsoft Azure Commercial Marketplace, Srinivas Ramireddy, CEO at Infyz Solutions, said, “We firmly believe that our subscription-based model, combined with state-of-the-art technology integration, will mitigate upfront capital expenditures, thereby maximizing Return on Investment (ROI) and empowering organizations to attain greater productivity and efficiency.”

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HCLTech launches strategic initiative with Google Cloud to scale Gemini to global enterprises

Apr 3, 2024 by Gayathri Pariti 0 Comments #C Vijayakumar, #Google Cloud, #HCLTech, #Thomas Kurian

NOIDA, India, April 3, 2024—HCLTech, a leading global technology, today announced an expanded alliance with Google Cloud to create industry solutions and drive business value with Gemini, its multimodal large language AI model. HCLTech will enable 25,000 engineers on Google Cloud’s latest GenAI technology to better support clients at every stage of their AI projects, including the development of new use cases and capabilities for HCLTech platforms and product offerings, and initially focusing on bringing gen AI capabilities to clients in manufacturing, healthcare, and telecom.

HCLTech recently launched HCLTech AI Force, a pre-built GenAI platform that optimizes engineering lifecycle processes from planning through development, testing and maintenance. HCLTech will now enhance the HCLTech AI Force platform with Gemini’s advanced code completion and summarization capabilities, which will allow engineers to generate code, remediate issues and accelerate the delivery time and quality of software projects for clients.

HCLTech will also use Gemini models to strengthen and expand the portfolio of industry solutions built out of its dedicated Cloud Native Labs and AI Labs, which focus on accelerating client innovation and are staffed by leading AI experts and engineers. Both labs will enable clients to better scope, manage and refine gen AI projects on Google Cloud’s infrastructure.

“HCLTech and Google Cloud have a long-standing strategic partnership. This collaboration will bring to market HCLTech’s innovative GenAI solutions using Google’s most capable and scalable Gemini models. We believe this helps us to bring even more value to global enterprises through HCLTech’s differentiated portfolio,” said C Vijayakumar, CEO & Managing Director, HCLTech.

“Gemini for Google Cloud can enhance many areas of enterprise work, such as helping developers build applications more quickly and improving how financial analysts report on their businesses,” said Thomas Kurian, CEO, Google Cloud. “By enabling 25,000 engineers on Google Cloud’s latest generative AI technology, HCLTech can provide the expertise and technical skills that clients need to successfully deploy and manage gen AI projects at scale.”

Archive: April 4, 2024