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Mphasis joins hands with IIIT-B to set up CoE for Cognitive Computing

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Mphasis has entered into collaboration with International Institute of Information Technology Bangalore (IIIT-B) to set up an Mphasis IIIT-B Center of Excellence for Cognitive Computing. The Center will focus on applied research with relevance for society and enterprises. Mphasis will invest more than Rs.50 million over the next three years on this initiative. The key expected outcomes from the Mphasis – IIIT-B Center of Excellence for Cognitive Computing include – · World-class proof-of-concepts, prototypes, and research papers. All intellectual assets generated from the program would be open-sourced and accessible for everyone. · Annual conferences and workshops to encourage collaboration and knowledge exchange between academia and industry. · Periodic cognitive computing training programs for students from underserved communities. · A think tank to provide consultation for startups, industry partners and Government..... Read More

Delta Power Solutions and Mphasis Partner to contribute to ATM Industry

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VARINDIA- INDIA'S FRONTLINE IT MAGAZINE Mphasis has announced its strategic partnership with Delta Power Solutions to bring sustainable innovation across the ATM industry. The partnership for the ATM Security Solutions will enable Mphasis offer the most comprehensive single-window solution for e-surveillance & integrated power efficient solutions to service the ATM businesses in India. In the area of e-surveillance of ATM sites and path-breaking innovation in power optimization solutions, the alliance with Delta Power Solutions will help Mphasis develop an intelligent solution that can provide a single user interface for a 360-degree view of an ATM and ATM site. It will also help Mphasis address a suite of customer-centric offerings for safety and security that include theft prevention, theft deterrent, real-time alarms in criminal tracking, reduction in overall energy cost spend at ATM sites and proactive maintenance to ensure higher uptime. “Through...

MphasiS partners with Ixsight Technologies

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VARINDIA- INDIA'S FRONTLINE IT MAGAZINE   MphasiS  has announced its strategic partnership with  Ixsight Technologies Pvt. Ltd .  The partnership will enable MphasiS to foray into the existing as well as potential market for real-time solutions around “Data Cleansing” and “Unique Customer Identity Creation” in its key focus verticals of Insurance, Banking & Capital Markets and Telecom. This partnership would also help MphasiS in developing a suite of customer-centric offerings in Fraud detection, Claims, Compliance, Business Intelligence, etc. The initial offerings from this partnership will include  data cleansing with custom business rules , data enrichment and data de-duplication. The solutions offered have potential in MphasiS’ client base, especially in the BFS&I and Telecom sectors. The partnership will see further enhancement of offerings with new features around data analytics. These innovative solutions could be critical to a client’s e...

Mphasis to acquire US-based Wyde Corp

VARINDIA- INDIA'S FRONTLINE IT MAGAZINE Mphasis Ltd has signed a pact to acquire U.S.-based software vendor Wyde Corp. Post acquisition, Wyde, which has over 200 employees with insurance domain expertise, would operate as a product business of Mphasis. Wyde's revenue was over $30 million in 2010, its website showed. The mid-sized Indian software firm had acquired AIG Software Systems in 2009, its first buy in the insurance space. “The acquisition demonstrates our focus on strategy execution,” Ganesh Ayyar, CEO, Mphasis said. “Mphasis will provide Wyde access to new markets and scale to provide implementation and integration services to our clients,” Pierre Barberis, Chairman of Board of Directors, Wyde said. For More Details See www.varindia.com