VARINDIA IT MAGAZINE

Yes! You have heard it right. Cisco is planning to sell its set-top business to Technicolor. On closing, Cisco will receive approximately €413 million in cash and approximately €137 million in newly issued Technicolor shares, subject to certain adjustments. The acquisition will give Technicolor an estimated 15% share of the global CPE market, with 60 million devices shipped each year and an installed base of 290 million set-tops and 185 million gateway devices across 100 countries. Technicolor and Cisco have also entered into a strategic partnership to develop video and broadband technologies, including cooperating on Internet of Things solutions and services. The pair have have signed a long-term patent cross-licensing agreement that covers specific intellectual property and patents from both companies. As part of the strategic agreement Hilton Romanski, senior vice-president and chief strategy officer of Cisco, will join Technicolor’s Board of Directors, after the transaction ha...

Tata Consultancy Services (TCS) has announced that it is establishing a research effort on Intelligent Systems at IIIT Hyderabad named after Shri FC Kohli. The FC Kohli Center on Intelligent Systems (KCIS) will be based in the IIIT Hyderabad campus and will act as an umbrella organization at the institute to both strengthen the existing groups and facilitate new activities in related areas. The new center will also act as a force multiplier in attracting projects and funding from other entities in the government and industry sectors, coordinate research in related domains across different centers of IIIT Hyderabad, as well as in the institute’s research collaboration with other academic institutions in the country. “The Kohli Center on Intelligent Systems will play an important role to coordinate and energize education and research in this critical area at the institute. This will be by intensifying the research done at the institute in these areas and through joint activities i...

Oracle has updated its Oracle Identity Management that enables organizations to securely manage access to mobile, cloud and on-premise applications through a single, easy to use interface. As the enterprise IT landscape becomes more complex and security risks increase, organizations are under ever increasing pressure to provide seamless and secure access to a wide variety of applications from a growing number of devices. The latest version of Oracle Identity Management 11gR2 Patchset 3 helps simplify and streamline this process by integrating Enterprise Mobility Management into the Oracle Identity Management stack. The integration unifies mobile security, identity management and compliance into one consolidated platform. Jim Taylor senior director product management Oracle. 300x300 Oracle enhances its Identity Management platform with Mobile Security “To help organization efficiently address these challenges, the latest release of Oracle Identity Management integrates our mo...

BlackBerry has entered into a definitive agreement to acquire AtHoc. The terms of the transaction were not disclosed. AtHoc is a leading provider of secure, networked crisis communications. Its software platform enables people, devices and organizations to exchange critical information in real time during business continuity and life safety operations. The AtHoc platform will integrate with BlackBerry’s enterprise portfolio and trusted global network to offer customers new capabilities for safety, security and mission-critical business communication. The acquisition will enable AtHoc to expand globally and increase scale, as well as deliver new applications on a secure platform for mass communication. AtHoc’s networked crisis communications platform alerts any device – including iOS, Android, PC and Mac desktops, digital displays, radios, IP phones, and endpoints such as sirens, fire panels and speakers – helping organizations and people to connect and share information in times...

Qualcomm Incorporated has initiated a Strategic Realignment Plan designed to improve execution, enhance financial performance and drive profitable growth as the Company works to create sustainable long-term value for stockholders. The Company also announced that it has entered into an agreement with JANA Partners pursuant to which Mark McLaughlin and Tony Vinciquerra have been added to the Board of Directors and a third director to be selected by the Company and consented to by JANA will be added promptly. qualcomm logo 150x150 Qualcomm declares Strategic Realignment PlanThe core elements of the new plan include:     Aggressively right-sizing the cost structure by eliminating approximately $1.4 billion in spending, including an approximately $300 million reduction in annual share-based compensation grants; Company expects to achieve this run-rate by the end of fiscal year 2016     Reviewing alternatives to the Company’s corporate and financial structure... Re...

In my position as Chief Data Officer for Ness Software Engineering Services, I talk with many companies about their Big Data challenges and needs. Some of these companies have chosen to analyze their Big Data to enable use cases such as online personalization or creating a 360-degree view of their users. Others have been forced into this area by one of their competitors, who announced that, thanks to their successful Big Data initiative, they now possess a competitive advantage over all their competitors; e.g., their products require significantly fewer service calls because they can monitor the performance of the equipment remotely. If there is one common thread that links 95% of these customers, it is FUD – fear, uncertainty, doubt. The field is full of competing or overlapping products, each of which claims to be the right solution for Big Data. The Big Boys (Oracle, IBM, SAP, Teradata, etc.) all want to steer you towards their (sometimes costly) offering. The upstarts (Clouder...