Motorola Solutions Inc. has announced Motorola RhoElements, a state-of-the-art web-based application framework. It is said to be designed to allow businesses to quickly and cost-effectively develop and deploy web-based applications on existing Motorola Windows Embedded Handheld and Windows Embedded Compact (Win-CE) mobile computers as well as Motorola’s recently announced ET1 Android-based enterprise tablet.
The first version of RhoElements will support Motorola enterprise tablet (ET1) running the Android operating system and Motorola mobile devices running Windows Embedded Handheld 6.5, Windows Embedded CE 5 and 6 and Windows Embedded Compact 7. RhoElements 1.0 is available immediately for download.
Phey Teck Moh, Corporate Vice President, Motorola Solutions Asia Pacific said, “Motorola Solutions has designed the RhoElements application development platform in response to the proliferation of multiple devices and multiple operating systems in enterprises. Today, the enterprise decision maker is faced with additional costs to rewrite applications for different operating systems or to line up additional resources for new application development or to port existing ones on to new operating systems. With the RhoElements platform, CIOs can break free from this significant cost every time a new device or a new Operating System is adopted in the enterprise and instead, invest resources in enhancements to the existing applications. Simply put, RhoElements is one application framework for multiple form factors and operating systems, which directly translates to savings.”
Snapdeal.com has been declared a Winner of Red Herring Asia Awards 2011, Hong Kong.
Alex Vieux, Publisher & CEO, Red Herring said, “Choosing the companies with the strongest potential was by no means a small feat. After rigorous contemplation and discussion, we narrowed our list down from hundreds of candidates from across Asia to the Top 100 Winners. We believe Snapdeal.com embodies the vision, drive and innovation that define a successful entrepreneurial venture. Snapdeal.com should be proud of its accomplishment, as the competition was very strong.”
“As Snapdeal continues its exponential growth trajectory, and rapid expansion into products e-commerce, we see this recognition by Red Herring as a commendation of our team’s efforts over the last 18 months to build a best in class internet brand and technology company in India.” said Kunal Bahl, CEO, Snapdeal.com.
Sify has announced its consolidated results under International Financial Reporting Standards (IFRS) for the second quarter of fiscal year 2011-12.
Raju Vegesna, Chairman & MD said, “We are pleased to present our financial performance for the second quarter of FY 2011-12. Our Enterprise business continues to gain traction, supported by domestic growth in the corporate segment and a renewed spending environment. On the services front, the focus on Network, IT and software services as core offerings is beginning to show results. As the largest spender on IT and Network services, the government represents a significant growth opportunity for Sify and will remain an important focus area. The recently announced Telecom Policy is a step in the right direction in creating a level playing field among IT and Telecom service providers. Our SOHO/SMB base grew by 60%. More than half of these signups came from Tier II and III towns helped by our expanding footprint. Visitors to our Sify.com portal grew by 19% versus same quarter last year, helped by the launch of Health and Technology portals and the strength of Sify Sports. Software services continue its evolution towards a strong position in providing on-demand software-enabled services to enterprise customers. Our Skills Assessment and e-Learning solutions are gaining momentum and gaining acceptance across a larger customer base. Our Content and Collaboration services on SaaS and mobile platforms have generated considerable interest from enterprises that are looking for cost effective means of business communications. The overall outlook for growth in India is positive and we continue to invest in expanding our network, data centers and other infrastructure. Our network and data centre expansion and commissioning of cable landing station are proceeding as per plan. We remain very positive on the outlook for ICT services in India, which is supported by favorable regulatory trends. The proposal to allow Voice-over-IP domestically in India also provides new opportunities for data-focused operators, such as Sify.”
MP Vijay Kumar, Chief Financial Officer said, “The Company remains operating cash flow positive, with operating expenses contained within our operating cash flows for yet another quarter. While our new capital expenditures continue to exceed operating cash flows, as we continue to invest for future growth, it is important to note that our Capacity utilisation has improved during the quarter. There has been an improvement in gross margins owing to increased engagement with the customers and roll-out of several value added services. The proposed inclusion of telecom projects within the funding ambit of India Infrastructure Finance Company (IIFCL) will open up more funding options for this sector. It is also expected to extend the tax concessions enjoyed by the infrastructure industry to the telecom sector. As previously reported, the promoters have paid in additional capital of Rs.100 crores pursuant to the subscription agreement. Cash balance at the end of the quarter was US $ 20 million and undrawn line of credit stood at US $ 3 million.”
Valyoo Technologies which runs eyewear e-commerce site Lenskart.com has raised $4 million in the first round of funding from IDG Ventures India. IDG Ventures India is a $150 million leading technology venture capital fund in India. As part of the investment, TC Meenakshisundaram and Venkatesh Peddi have joined Valyoo’s Board of Directors as nominees of IDG Ventures India.
Already delivering to 450 cities across India, Valyoo is said to use the funds for scaling up product range, marketing activities and building superior customer centric services through phone and on-line chat. “A huge range with all sizes and colors and the ability to get them at a standard price next day at the customer’s doorstep is what we are aiming to achieve. We strongly believe in an approach of educating the customers and helping them choose the right product online. Also, offline space is extremely unorganised in our product categories, where the selling price of a product is determined by the financial status of the buyer, we want to bridge this gap and create disintermediation in the market, said Peyush Bansal, Founder & CEO, Lenskart.com.”
TC Meenakshisundaram, Founder & MD, IDG Ventures India Advisors, said, “IDG Ventures India helps entrepreneurs build category-leading companies in India and globally. We believe Valyoo’s focus on creating category leaders in product segments that offer disintermediation opportunities by leveraging supply chain inefficiencies and bring value to the customers is a big differentiator. Valyoo’s young and passionate team with deep domain knowledge and strong customer focus will give it an edge to succeed in the crowded e-commerce sector.”
Tyroo Media was announced as one of the winners in the Vodafone Big League. Vodafone Essar had launched a campaign called the ‘Drive into the Big League’, claiming to give an opportunity for the winning enterprise to be recognized as the emerging business model and have its company logo on the Vodafone McLaren Mercedes cars during the race weekend.
Tyroo Direct emerged as one of the top winners after a battle on an eight-part television series. Out of 80,000 entries, 21 companies were short-listed based on their growth in the last three years, and more importantly, for use of technology in driving their growth.
Stellar Data Recovery has released its Phoenix CD DVD Data Recovery for Mac v1, a tool to recover and restore lost, deleted or inaccessible data from physically damaged or incorrectly burnt optical media.
CD DVD Data Recovery for Mac is said to be a handy tool with interactive user interface. The tool comes with a Free Trail version that allows you to preview all the recoverable files (Image, Audio and Video) before actual recovery. Stellar Phoenix tool supports all Mac OS versions, including Mac OS X 10.7 Lion. Additionally, it recovers data from optical media’s burnt with Big-endian (Motorola) or Little-endian (Intel) data writing formats.
Stellar Phoenix CD DVD Data Recovery for Mac is available for immediate download and start at a price point of Rs. 1700.
GIGABYTE Technology (India) Pvt. Ltd. has launched a motherboard series with its new Glass Fabric PCB technology that repels moisture caused by humid and damp conditions in India. This unique kind of PCB process is said to protect the motherboard from moisture at the PCB level, with improvements to how the actual PCB structure is manufactured. GIGABYTE’s Glass Fabric PCB technology that allows for a finer glass fiber weave makes it much more difficult for moisture to penetrate, even when holes are made to mount components.
The new Glass Fabric PCB technology is believed to be the most important feature of the recently launched GIGABYTE Ultra Durable 4 Classic Motherboards. The GIGABYTE Ultra Durable 4 Classic technology protects the PC and components, against the four main problems that an average Indian PC user faces – Humidity, High Temperature, Power Failures and Static Electricity.
GIGABYTE products are distributed in India by Ingram Micro, Redington (India) and Neoteric Infomatique Ltd.