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Tags : "Cloud computing"

The IPO rush in the US illustrates the capital opportunity

Vivek Ranadive’s Bow Capital recently floated a Special Purpose Acquisition Company (SPAC) and raised $480 million in an initial public offering (IPO). Snowflake, a cloud management company walked off with the biggest tech IPO in history, reaching a valuation of $70 billion. Many other IPOs are on track. There is an IPO fever raging in […]Read More

Government launches contest to promote startups in small towns

NEW DELHI: The government has launched another contest on Friday to boost homegrown startups and software products companies with special focus on firms from small towns of the country. As per the “Chunauti”- Next Generation Startup Challenge Contest around 300 startups working in select areas will be identified and provided with a seed fund of […]Read More

Tech Mahindra launches Upskilling-as-a-service platform

Pune: Tech Mahindra said it was launching a new ‘Upskilling-as-a-Service’ (UaaS) platform to accelerate new-age skill development for over 60,000 employees globally to create a ‘fit for future’ workforce. The company also intends to make this available to academia so that students are industry ready when they graduate. Powered by New Age Delivery (NAD), UaaS […]Read More

NSDC, Microsoft announce partnership to empower Indian youth with digital

BENGALURU: The National Skill Development Corporation (NSDC) and Microsoft have announced a strategic partnership aimed at providing digital skills to over 1 lakh youth in the country over the next 12 months, said a statement issued today. The objective of the partnership is to transform India into a skilled nation. Microsoft will collaborate with NSDC’s […]Read More

Google to invest up to $2 bn in Polish data

WARSAW- Google will invest as much as $2 billion in a data centre in Poland to deal with cloud services, the Puls Biznesu daily said on Wednesday. News of the investment follows an announcement by Microsoft in May that it will invest $1 billion in a Polish data centre, as the largest economy in the […]Read More

Wipro receives multi-year deal from Germany-based energy company

BENGALURU: Wipro has received a multi-year infrastructure modernization and digital transformation contract from Germany-based energy company E.ON. The Bengaluru-headquartered tech services major said it would transform E.ON’s legacy data centre operations to hybrid cloud model by leveraging its BoundaryLess Enterprise framework and Wipro HOLMES, an artificial intelligence and automation platform. Wipro would collaborate with E.ON […]Read More

The coronavirus-fueled tech trends that will continue to dominate daily

Coronavirus hasn’t just shut down huge swaths of American business and sent many employees scrambling to work from home — it’s also driving the acceleration of technological adoption. As people adapt to new modes of life, start-up businesses that enable us to work, study, shop, and interact virtually have skyrocketed to mainstream adoption. Driving these […]Read More

AGC Networks to acquire Fujisoft to enhance presence in MEA

NEW DELHI: AGC Networks Limited, a part of Essar Group, will acquire Fujisoft (along with its associated companies in UAE) through its indirect subsidiary – Black Box Holdings Ltd, a move that will strengthen AGC’s presence and offerings in the Middle East and Africa (MEA) region. The proposed acquisition will also enhance the current solution […]Read More

Salesforce and Costco are flashing buy signals to investors, Jim

Salesforce and Costco both presented investors an opportunity to buy after both stocks pulled back on suboptimal reports, CNBC’s Jim Cramer said Friday. Shares of Costco slipped 0.35% and Salesforce backtracked 3.5% after a mixed quarter report from the former and soft guidance offered by the latter. “I love a nice, clean story as much […]Read More