VARINDIA IT MAGAZINE

Pi DATACENTERS has launched “Pi Amaravati”, a Tier IV Certified Data Center at Amaravati, Vijayawada, the capital of newly reorganized state of Andhra Pradesh.  The new facility was inaugurated by the Hon’ble Chief Minister of Andhra Pradesh, Shri Nara Chandrababu Naidu, at Mangalagiri, Andhra Pradesh, in the presence of the Hon’ble IT Minister, Shri Nara Lokesh, and Kalyan Muppaneni, Founder & CEO, Pi DATACENTERS, top management of Pi DATACENTERS and business leaders of Fortune 500 companies.  At the launch of the Pi Amaravati data center, the company has also signed a Memorandum of Understanding with some of the leading public and private enterprises that include PowerGrid, IRCTC, Mahindra & Mahindra Finance, Deutsche Bank, SAR Group, UNIBIC, Yaatra.com, Snap Bizz, Konsole Group, Acute and Net Spider.... Read More

India is a proven market for the growth of digital dominance and social media companies are looking for the next frontier of growth. And nothing looks as good as India’s under-penetrated market-in terms of users, advertising, Internet access, anything at all. India makes perfect sense because it is the only major market in the world where the number of Internet users is growing rapidly. It is also the second largest country in the world in terms of Internet users, ahead of the US and behind China. Google as a pioneer in data acquisition, also offers a unique android platform for developing/customizing locally as per the need of the technology developers and the way you like it. Most importantly, Google wants to bring the Internet to life for everyone in India.  Google is already helping to foster and support India’s engineering talent. The Android Skilling program aims to bring universities and training partners to inspire and educate more than two million developers. With ...

As the Indian economy is growing at a very fast rate, two sectors that are seeing tremendous uptrend are the banking sector and e-commerce. We see a huge surge in demand for finance from small-scale and large-scale enterprises alike. Banks, credit card companies and other financial institutions are extending loans and advances to individuals and small businesses. There is a huge collection and recovery process that is generally outsourced by most of the banks.  Most of the banks have automated Core Banking functions. Their collection process grossly remains manual, maybe because it is outsourced to collection agencies and they have not been deploying technology because of the rising project expenditure.  At the same time, the B2C e-commerce market in India has exhibited rapid growth and is expected to reach $60 billion by 2017. The online channel is expected to grow at a much faster rate vis-a-vis more established channels and is expected to account for 10.1 per ce...