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Showing posts from July 27, 2016

7th EIITF emphasizes major pain points of Indian SMEs

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VARINDIA played host to the 7th EIITF (Eastern India Information Technology Fair – 2016) that concluded successfully in Kolkata, amidst speeches and presentations from corporate houses on the opportunities for capitalizing the Indian SMB sector. The topic for this year’s event was – “IT and Security Frameworks to protect Information Assets of SMEs”. Besides providing a common platform for the corporates to share ideas, discuss issues and challenges targeting the growth of SMBs in the region in particular and the country in general, the event brought together around 200 senior officials from the IT Department, dignitaries from other Central and State government departments and spokespersons from IT corporates. The Chief Guest of the event was Shri Kaushik Haldar, Commissioner – IT and Telecom, Government of West Bengal. The other guests who attended the event and were present at the lamp lighting ceremony were Col A. K. Nath, ED, C-DAC; Col HPS Bawa, CEO, WTL; Shri...

Intex launches Aqua Fish, India’s first Sailfish OS smartphone

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Intex Technologies  has announced the launch of its first licensed Sailfish OS device in the world – Aqua Fish in partnership with Jolla for Rs 5,499. The  Aqua Fish smartphone  comes with a 5-inch HD IPS display, supported by 2 GB RAM, 16 GB ROM and 32 GB expandable memory. The smartphone weighs just 150 gram and sports a sleek look which gives the handset an elegant feel. Powered with Sailfish 2.O OS, the device has an android application compatibility and is operated by simple gestures designed for one hand use, providing a rich set of UI elements and creating a fascinating animated and touch-enabled user interface... Read More

Verizon to acquire Yahoo for $4.83 bn

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Verizon Communications  has entered into a definitive agreement under which Verizon will acquire Yahoo’s operating business for approximately $4.83 billion in cash, subject to customary closing adjustments. The transaction will create a new rival in mobile media technology reaching over 1 billion users with an unrivaled roster of the world’s most beloved brands. Yahoo informs, connects and entertains a global audience of more than 1 billion monthly active users including 600 million monthly active mobile users through its search, communications and digital content products. Yahoo also connects advertisers with target audiences through a streamlined advertising technology stack that combines the power of their data, content and technology... Read More

Amazon and UK Govt. to explore delivery of parcels by drones

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Amazon has announced a partnership with the UK Government to explore the steps needed to make the delivery of parcels by small drones a reality. A cross-government team supported by the UK Civil Aviation Authority (CAA) has provided Amazon with permissions to explore three key innovations: beyond line of sight operations in rural and suburban areas, testing sensor performance to make sure the drones can identify and avoid obstacles, and flights where one person operates multiple highly-automated drones. “The UK is a leader in enabling drone innovation – we’ve been investing in Prime Air research and development here for quite some time,” said Paul Misener , vice president, Global Innovation Policy and Communications, Amazon... Read More

Huawei H1 Sales revenue registers 40% growth

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In the first half of 2016, Huawei generated sales revenue of CNY245.5 billion, an increase of 40 percent comparing with the same period last year. “We achieved steady growth across all three of our business groups, thanks to a well-balanced global presence and an unwavering focus on our pipe strategy,” said Sabrina Meng, chief financial officer, Huawei . “We are confident that the it will maintain its current momentum, and round out the full year in a positive financial position backed by sound ongoing operations,” added Meng. Huawei’s enterprise business is on a fast development track and is developing open systems and driving collaboration with customers and partners for joint innovation... Read More

Digital payments industry in India grow $500 bn by 2020

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By 2020, the size of digital payments industry in India will be $500 billion contributing 15 percent to India’s GDP says ‘ Digital Payments 2020 ‘ report published by Google and Boston Consulting Group (BCG). Further, by 2020, non-cash contribution in the consumer payments segment will double to 40 percent. Already 81 percent of existing digital payment users prefer it to any other non-cash payment methods. Online, shopping, payment of utility bills and buying movie tickets have emerged as the three top things that a user primarily interacts with. The report reveals that Indian consumers is likely to use digital payments for both online as well as offline transactions. Over 60 percent of digital payments value will be contributed by offline points of sale such as unorganized retail, eateries, transport etc... Read More