Search Result for : Internet Of Things Iot

Tata Communications to invest $300 mn on expansion in FY18

The Dollar Business Bureau Global telecom company Tata Communications Ltd is going to invest about $300 million to expand its network, its software and  improve its platform during the next financial year 2017-18. The company is also eyeing to acquire new service fields like cloud, mobility and Internet of Things (IoT). "In telecom, networks need to expand in terms of scale and reach to create infrastructure closer to customers. So, there is a natural amount of spend that is required...We will be spending $150 million on network, and $150 million into platform, software and other capabilities," Vinod Kumar, Managing Director and Group CEO, Tata Communications told PTI. He further said that about half of company's total capex ...

Our technology will differentiate us from other logistics providers: Shipwaves

Deepak Kumar Shipwaves is an end-to-end online logistics platform catering to the needs of importers and exporters from India. Headed by Capt. Vikram Mathur, CEO a seasoned veteran in the shipping industry who has over 27 years of rich experience in logistics, supply chain and business strategy in various corporates along with two young dynamic co-founders Athahar Mohammed and Shahid Israr, Shipwaves has firmly anchored itself in the logistics business in India. The Dollar Business correspondent met Athahar Mohammed to know more about the company and the state of logistics industry in India. The Dollar Business Bureau (TDB): How did the idea of starting a logistics supply chain company come to your mind?  Athahar Mohammed (AM): One of the co-founders had a personal experience in ...

Tata Communications, Skylab partner to help companies adopt IoT

The Dollar Business Bureau Tata Communications on Wednesday announced it has partnered with Singapore-based technology solutions provider Skylab to help more enterprises adopt the Internet of Things (IoT). Skylab provides advanced data harvesting, processing and delivery solutions to its customers over a scalable platform called Data Logistics Cloud (DLC). Skylab has picked Tata Communications as its cloud partner to ensure high levels of flexibility and reliability for customers through Tata Communications’ comprehensive cloud enablement platform and global infrastructure. “As the IoT starts to become a reality, real-time assimilation and analytics of data require superior network reliability, highly available cloud platforms, security, scalability and flexibility. Tata Communications’ pioneering IZO™ Cloud Enablement Platform harnesses our technology partnerships, global network and data centre infrastructure, making us the perfect ...

Infosys acquires stake in US-based Trifacta

The Dollar Business Bureau The Bengaluru based, second largest Indian IT company Infosys, said on Thursday that it has acquired a minority stake in the San-Francisco based data visualisation start-up Trifacta. The amount is yet to be disclosed. Trifacta has raised till date $76.3 million in four rounds of venture funding this year.Trifacta develops productivity platforms that enables non-technical users to transform data for analysis, easily. As per the agreement, Trifacta will give data wrangling solution for the Infosys’ IIP (Infosys Information Platform) and other platforms that Infosys uses. “Trifacta’s market-leading technology will enable Infosys clients to bring together diverse and disparate data into more digestible form for downstream analysis." said Ritika Suri, Senior Vice President, Corporate Development, Infosys.Significantly Infosys’s investment ...

Government launches roadmap for machine-to-machine communications

The Dollar Business Bureau Taking a step towards the goal of 'Make in India' and 'Digital India', the government on Tuesday released a roadmap for machine-to-machine (M2M) communications. The roadmap will serve as a reference document for the use of machine communications. “M2M communications will impact every aspect of life of common man and results in substantial and tangible social and economic benefits to consumers, businesses, citizens and government,” Union Minister of Telecommunication Ravi Shankar Prasad said while releasing the roadmap. He said when the country is focusing on digital empowerment, it has to be ensured that it plays a lead role in the implementation of M2M technologies. The minister also asked all concerned agencies to join hands to ...

Robots: The new gamechanger for Chinas supremacy in everything, including trade

Bidhu Bhushan Palo | @TheDollarBiz Automotive industry accounts for almost 40% of industrial robot demand, but sales to other sectors such as metal working, electronics, and food industry are growing. Sales to pharma and cosmetic industry grew 69% (y-o-y) in 2013, according to World Robotics   Robotics have truly come of age – from toy-like pigmy structures with antennas we saw in movies a few decades ago to industrial arms that manufacture cars, kill Ebola virus, run electricity grids, explore oil reserves and breach borders. BMW’s Dr. Stefan Markus Baginski explains the increasing role of robots in future. He says, "If we look at how extensively our mobile devices are linked together with the telephone network, social platforms and cloud ...