In a significant boost to West Bengal's growing IT sector, Infosys, India’s second-largest IT services firm, has inaugurated a state-of-the-art development centre (DC) in New Town, Kolkata. Built with an investment exceeding Rs 426 crore, the sprawling 320,000 sq ft facility is designed to accommodate over 4,000 employees in a hybrid working model.
A Landmark Investment for Bengal’s IT Growth
The new development centre was inaugurated...
Tata Consultancy Services (TCS), a global leader in IT services, consulting, and business solutions, has unveiled its 2025 Cybersecurity Outlook. This comprehensive analysis by TCS outlines key cybersecurity trends and focus areas, with an emphasis on emerging technologies such as Generative AI (GenAI), cloud security, and supply chain resilience. The outlook aims to guide enterprises in enhancing their security posture amid an increasingly complex...
Bangalore, December 12, 2024 — The Cloud Security Summit 2024, organized by the Cloud Security Alliance (CSA) Bangalore Chapter, brought together more than 600 cybersecurity professionals and over 150 CXOs at the Sheraton Grand, Whitefield. The summit served as a critical platform for discussions on cloud security, emerging trends, and actionable strategies, catering to a diverse range of attendees through well-defined tracks and engaging...
The Cloud Security Summit 2024, one of the most anticipated events in the cybersecurity industry, is set to take place on December 12, 2024, at the Sheraton Grand, Whitefield, Bangalore. Organized by the CSA Bangalore Chapter, this summit aims to address critical challenges, showcase innovative solutions, and provide actionable strategies to enhance cloud infrastructure security in an increasingly digitalized world.
The event will gather renowned...
There's no denying that in cybersecurity, the role of bots has taken on new dimensions. While legitimate bots support essential operations like data indexing and system optimization, advanced bots are increasingly disrupting critical business processes and security frameworks. These malicious bots are no longer mere nuisances; they are sophisticated threats capable of mimicking human behavior and bypassing traditional defenses.
The Shift in Internet Traffic Dynamics
The...
The cyber threat landscape has evolved dramatically, influencing how Chief Information Security Officers (CISOs) evaluate their business' risk appetite. This shift has created significant tension between CISOs, Chief Executive Officers (CEOs), and other members of the C-suite. According to Netskope research, 92% of CISOs report these changes are causing friction at the executive level. Two-thirds of CISOs say they are ‘walking a tightrope’ between...
Honeywell and PwC India have announced a strategic collaboration to accelerate digital transformation for businesses. This initiative aims to future-proof operations by leveraging PwC India’s consulting expertise and Honeywell’s advanced operational technology (OT) software solutions. The partnership focuses on the industrial, buildings, and infrastructure sectors, emphasizing enterprise-wide digitalization.
Leveraging Expertise for Enhanced Outcomes
Ashish Modi, President of Honeywell India, highlighted the synergy between PwC’s consulting capabilities...
India aims to become a leading nation in electronics and semiconductor manufacturing. However, significant improvements in inward and outward logistics are necessary, according to Ajai Chowdhry, Founder of Electronics Products Innovation Consortium and Co-Founder of HCL. While the Government of India’s Gati Shakti, the national master plan for multimodal connectivity, can help, there is still much to be desired.
Challenges in Inward and Outward Logistics
India...
Shares of India's prominent IT outsourcing firms are facing a reality check amid the AI boom. Global investors are rushing into the artificial intelligence theme, leaving traditional tech stocks behind. Unlike their counterparts in the developed world and China, Indian software companies, including Tata Consultancy Services Ltd. (TCS), have not made significant strides in generative AI. This, combined with uncertain client spending, could soon...
Samsung Electronics is setting its sights on a future driven by artificial intelligence (AI), projecting strong demand for its memory chips and technology devices in the latter half of 2024. This optimistic outlook comes on the heels of a remarkable first-quarter performance, where the company reported a more than tenfold increase in operating profit.
During the first quarter, Samsung's memory chip sales nearly doubled compared...
In a significant move to enhance global preparedness against mpox, Danish biotechnology company Bavarian Nordic has entered a license and manufacturing agreement with the Serum Institute of India (SII). The collaboration aims to increase manufacturing capacity for Bavarian Nordic’s MVA-BN® mpox vaccine and ensure broader, equitable access to vulnerable populations.
Technology Transfer to Expand Production in India
As part of the agreement, Bavarian Nordic will conduct...