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Showing posts from August 13, 2012

NVIDIA declares Q1 Financial Results

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VARINDIA- INDIA'S FRONTLINE IT MAGAZINE   NVIDIA has reported revenue of $1.04 billion for the second quarter of fiscal 2013 ended July 29, 2012.  The company highlighted the Revenue of $1.04 billion. GAAP net income was $119.0 million, or $0.19 per diluted share.  Non-GAAP net income was $170.4 million, or $0.27 per diluted share and GAAP gross margin was 51.8 per cent. Non-GAAP gross margin was 52.0 per cent. "Our investments in mobile computing and visual computing are both paying off. Tegra has achieved record sales as tablets come into their own. Our GPU business made strong gains in a weak market, boosted by our breakthrough Kepler architecture. Looking ahead, we are optimistic, as our investments position us right at the centre of the fastest-growing segments of computing," said Jen-Hsun Huang, President & Chief Executive Officer, NVIDIA. For More Details See www.varindia.com

Acer's Olympic Campaign tastes success

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VARINDIA- INDIA'S FRONTLINE IT MAGAZINE   Today, the citizens of the country stand united and show immense pride and fulfilment in receiving the achievers of the Olympic 2012. Acer celebrates this moment with all its supporters who registered at the Stand by Your Nation campaign launched two weeks ago. The company is said to have received tremendous support from more than thousands of Indians who passed on their best wishes and boosted the morale of the Indian Olympic contingent through recordings and video uploads of the national anthem on YouTube. Acer's nationwide campaign, Stand up for the Olympics by standing up for the National Anthem urged consumers to encourage athletes by creating a simple video where they are standing up for the national anthem. For every registration, Acer will make a significant contribution towards the welfare of the Indian Olympic contingent. Acer maintained the momentum of its campaign through multiple initiative rollouts in 90 citie...

Intel-DST APAC Challenge Winners announced

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VARINDIA- INDIA'S FRONTLINE IT MAGAZINE   Intel has recently announced the Winners of the Second "Intel-DST Asia-Pacific Challenge for 2012". Teams from India, Indonesia and the Philippines have won the Intel-DST Asia-Pacific Challenge for 2012 for their innovative projects.  The Contest reviewed technology innovations from 12 Asia-Pacific countries. The two winning teams will get a chance to participate in the "Intel Global Challenge at UC Berkeley" to be held from November 2012. A cash prize of US$15,000 was split amongst the winners. "We believe that advancement in technology is the real driver for economic and social development. With this initiative, Intel seeks to provide a platform to promote and accelerate innovation and entrepreneurship among the technology start-ups in the Asia-Pacific region. This platform provides them with the requisite skill, visibility and network to accelerate their venture," said Ashutosh Chadha, Director ...

STM extends MEMS Sensor Portfolio

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VARINDIA- INDIA'S FRONTLINE IT MAGAZINE   STMicroelectronics (STM) has unveiled its smallest, lowest-power and highest-performance chip-scale gyroscope for advanced motion-sensing applications. 3 x 3mm and 1mm high, the new device is only 3 x 3mm and 1mm high and enables smaller sensing mechanisms in smart consumer electronics, including mobile phones and tablets, game consoles, digital cameras and industrial tools. In addition, the ultra-small dimensions of this gyroscope also allow experimental projects such as wearable electronics to move closer towards true practicality.  "Miniaturized, low-power sensors such as our new L3GD20H enable smart electronics to be used in ever-smaller and slimmer handheld devices, as well as in items such as clothes or sports equipment, creating opportunities for exciting new products and services. Both high-volume applications in smartphones and tablets and emerging applications such as prosthetics, medical instruments, goods track...

Kaspersky Lab Discovers "Gauss"

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VARINDIA- INDIA'S FRONTLINE IT MAGAZINE   Kaspersky Lab has announced the discovery of  "Gauss", a new cyber-threat, targeting users in the Middle East. Gauss is a nation-state sponsored cyber-espionage toolkit designed to steal sensitive data. Gauss was discovered during the course of the ongoing effort initiated by the International Telecommunication Union (ITU), following the discovery of Flame. Kaspersky Lab's experts discovered Gauss by identifying commonalities the malicious program share with Flame. These include similar architectural platforms, module structures, code bases and means of communication with command & control (C&C) servers. The new malware was discovered by Kaspersky Lab's experts in June 2012. Its main module was named by the unknown creators after the German mathematician Johann Carl Friedrich Gauss.  Multiple modules of Gauss serve the purpose of collecting information from browsers, which include the history of vi...

Indian Navy deploys SAP solutions

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VARINDIA- INDIA'S FRONTLINE IT MAGAZINE   Demonstrating the unique value of its core financial systems, SAP has announced that the Indian Navy has adapted SAP Solutions to manage the navy-wide Financial Information System (FIS). The FIS supported by SAP ERP Central Component, SAP Force Deployment for Defence & Security package and SAP BusinessObjects Access Control application will provide across-board visibility and probity in the areas of budgeting, procurement, financial planning and accounting to the organization. SAP FIS system will link four naval headquarters with material procurements, establishments for ships, naval stores and armament’s depots across different locations in the country. The project has enabled the Indian Navy with a comprehensive view into allocation and reallocation of funds, receipts and recoveries, expenditure and estimates that have to be processed and sent to and from the central database. "SAP is pleased to be part of the Indian...

Indian Navy deploys SAP solutions

VARINDIA- INDIA'S FRONTLINE IT MAGAZINE

HP Data Protector 7 unveiled

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VARINDIA- INDIA'S FRONTLINE IT MAGAZINE   HP has unveiled HP Data Protector 7, a software solution that empowers organizations to manage the explosive growth of data with advanced backup and recovery capabilities that work at an unprecedented scale. Powered by the Autonomy Intelligent Data Operating Layer (IDOL), HP Data Protector 7 delivers a unified platform for all storage assets via federated deduplication. The company also announced the release of HP StoreOnce data deduplication solution, the federated deduplication solution. Both solutions leverage technology from HP Labsand Autonomy, an HP Company, to enable clients to eliminate redundant data and identify the content most important for the business to protect. "Increased regulated industry compliance, distributed remote workforces and reduced IT budgets are hindering backup and recovery success for many organizations. HP Data Protector is the industry’s first unified data protection solution that utilizes ...

C-DOT MAX-NG boosts NGN Services

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VARINDIA- INDIA'S FRONTLINE IT MAGAZINE   It has been recently announced that the Centre for Development of Telematics (C-DOT), in close cooperation with BSNL, has upgraded the First Rural Exchange Centre at Kittur from C-DOT RAX to MAX-NG for NGN services, while celebrating its 25 years of establishment on 7th August, 2012. The upgradation of MAX-NG would be implemented through the BSNL network across the country within 2-3 years, upgrading around 2.5 crore exchanges, both urban and rural.    Earlier on Tuesday, C-DOT celebrated the completion of 25 years of India's first C-DOT RAX at Kittur (Karnataka) and the function was held simultaneously at C-DOT Centres. Adviser to the Prime Minister on PIII in Delhi along with C-DOT's Executive Director Shri V. V. R. Sastry chaired the function in Delhi. Shri Vipin Tyagi, Director, C-DOT, and Shri P. Raghavan, CGM, BSNL, Karnataka, chaired the event at Bengaluru. The event at Kittur was chaired by Shri Jayant Bhatnagar, ...