Month: August 2017

Infosys to build Innovation for US workforce

Infosys to build Innovation for US workforceInfosys and Purdue University build strategic alliance for technology innovation and US workforce development and with this alliance it will foster engagement and innovation on cybersecurity, biopharma analytics, autonomous mobility, digital agriculture, artificial intelligence and data analytics.

Purdue University is entering into a five-year agreement with Infosys (NYSE: INFY), a global leader in consulting, technology and next-generation services. As part of the agreement, Purdue will provide classes and training for many of the 10,000 American employees that Infosys will hire over the next two years, 2,000 of whom will be based in Indiana. Much of this training will be aimed at new employees and conducted on the West Lafayette campus, but the partnership also includes lifelong-learning opportunities via specialist online courses for existing Infosys employees….Read More

Vishal Sikka steps down as MD & CEO, Infosys

Vishal Sikka steps down as MD & CEO, InfosysThe MD and CEO of Infosys, Dr Vishal Sikka has stepped down from his position with immediate effect. At its Board meeting held on August 18, 2017, the Board of Directors (the “Board”) of Infosys Limited (“Infosys” or the “Company”) accepted the notice of his resignation.

In his notice of resignation to the Board, Dr Sikka reiterated his belief in the great potential of Infosys, but cited among his reasons for leaving a continuous stream of distractions and disruptions over the recent months and quarters, increasingly personal and negative as of late, as preventing management’s ability to accelerate the Company’s transformation….Read More

BT joins hands with Dell EMC

BT joins hands with Dell EMCBT and Dell EMC have entered into a research collaboration dedicated to exploring a new way of managing network traffic.

The proof-of-concept trial, which is taking place at the BT Labs in Adastral Park, Suffolk, will explore how disaggregated switching can create flexible networks which are more responsive to customer needs by using standard open network switches commonly found in data centers, coupled with specialist switching software.

Neil J. McRae, Chief Architect for BT, said, “This proof-of-concept trial with Dell EMC will enable us to evaluate the performance of disaggregated switches against traditional integrated network switches, and make informed decisions about the role this kind of solution will play in the dynamic network services of the future. We’re determined to ensure that BT’s network continues to be world-class and able to deliver the services our customers need, when and how they need them. Agility and programmability, maximising the benefits of SDN, are therefore key to our future .”Read More

IT ministry writes to 21 Smartphone makers to disclose data security measures

IT ministry writes to 21 Smartphone makers to disclose data security measuresAfter the recent escalation in number of security issues and to ensure the security of Smartphones, the IT ministry has asked 21 Smartphone manufacturers to share the procedures and processes they follow to fortify the security of data and Smartphones vended in India.

According to the reports, the ministry has given time till 28th August to the 21 Smartphone vendors out of which majority are Chinese manufacturers, namely Oppo, Vivo, Xiaomi, Lenovo and Gionee besides the renowned brands like Apple and Samsung. The ministry has also notified the companies with penalties such as unlimited compensation depending on the damage caused under the IT Act 43 (A) in case fixed processes are not being followed.

The orders have come out after many international and national reports which pointed out the data leaks from Smartphones….Read More

Brain resigns from American manufacturing Council

Brain resigns from American manufacturing CouncilBrian Krzanich, CEO-Intel has resigned from the American Manufacturing Council, the group set up by President Donald Trump to advise his government on issues related to manufacturing in the country, over current political climate in the US and alleged politics-driven hate crimes.

His resignation came days after Trump’s response to the violence at a white nationalist rally in Charlottesville, Virginia on 12 August.

Krzanich’s statement on his resignation from the American Manufacturing Council….Read More

Global Information Security Spending to reach $86.4B by 2017

Global Information Security Spending to reach $86.4B by 2017The rapid growth of digital transformation is putting pressures on companies across all industries to proactively invest in security to protect themselves against known and unknown threats and to neutralize the threats and comply with new regulations, organizations are increasingly looking to highly trained information security professionals for answers. Else, the potential negative impact on their business could be enormous.

“You can’t protect everything equally…we have to find a way to control only what matters,” said Earl Perkins, research vice president. In fact, security experts should know four things: you can’t fix everything, you can’t make assets fully secure, you can’t know how secure they all are, and you can’t know how secure your….Read More

Amazon share price dips after President Trump Tweets

Amazon share price dips after President Trump TweetsThere is no doubt on the statement of President Donald Trump blasted on social media and twits on how the e-commerce giant is hurting retailers and causing U.S. job losses. “Doing great damage to tax paying retailers” tweets , President Trump.

With a single tweet, the tech giant Amazon shares fell as much as 1 percent ( drops by $5B) in the premarket session after Trump’s tweet. The stock closed down 0.5 percent Wednesday. He also blasted Amazon in June for “not paying internet taxes”….Read More