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Home > Industry

Industry
Wednesday, June 25, 2008
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Infosys Awarded Two Patents
Infosys Technologies has been granted two patents by the US Patent and Trademark Office. These patents are in the areas of holography and mobile communications. The patent, called Displaying holographic three dimensional (3-D) images describes the realization of actual 3D communication using computer-generated holography to send/receive information and the associated optical elements required to make a lightweight handset. Existing technologies use high resolution LCD to give the illusion of 3D while actually displaying a 2D image.

Syntensia AB Gets $3.5 mn Funding
Syntensia AB, a provider of subscription network security-on-demand solutions, has secured financing of $3.5 mn with an option for an additional $4 mn through a share issue directed to InnovationsKapital, Nordic venture capital firm, and a group of private investors in Sweden and abroad. Stockholm, headquartered Syntensia, with sales offices in twenty major Indian cities, Philippines, and Cambodia was established in 2005 by Kaushik Thakkar.

Retail to Grow at a 10% CAGR
The Indian retail market would grow at a CAGR of around 10% during 2007-12 and a fresh opportunity of approximately $1,000 bn for organized retail would be created by 2025, according to a study by management consulting company Zinnov. The study adds that 3% of the $330 bn Indian retail market is organized and is expected to grow at CAGR of 37% to reach $23 bn by 2010.

Studio Smile launches Travel Search Engine
Studio Smile, the incubation arm of Smile Interactive Technologies Group, has launched Zoomtra.com. According to the company this is the first travel search engine in India. Unlike other travel portals, Zoomtra provides unbiased comparison of all fares from all 13 domestic airlines and over 4,500 hotels in India along with all other relevant travel information, said the release. Travel planners can find information across domestic and international flights, railways, hotels, holidays, etc.

HPs New Testing Lab in India
HP has launched a new testing lab at its Global Delivery Application Services (GDAS) India Center.The center will develop IP for custom and package applications and offer new services like Outsourced Testing Factory and Testing on an ASP model. Testing and Quality Assurance Services have gained credence as an independent service, delivered within an integrated project ecosystem, said Gopikrishna Madle, head, Testing Practice GDAS India Cluster.

ISO Certification for all Infogain Centers
Infogain, a leading provider in CRM, ERP, integration, and business intelligence solutions and services, has recently achieved ISO 9001:2000 certification for all its India centers. The United Kingdom Accreditation Service (UKAS) certified that Infogain conforms to the Quality Management Standard in the analysis, design, development, deployment, support and maintenance of the software applications, software products, IT enables services, and organization supplies.

HP ProCurve Results
HP ProCurve experienced a y-o-y growth for the first calendar quarter of 2008 at nearly four times the growth rate of the networking industry, according to data from a quarterly report by market research firm DellOro Group. ProCurve, the worlds second largest enterprise LAN networking vendor, grew worldwide port shipments by 28.4% in the first calendar quarter of 2008 compared to the same period in 2007. The industry growth rate for this same period was 7.82%.

Secure Gets NIAP Certification
Secure Computing has announced recently that the companys Secure Mail (formerly known as IronMail), version 6.7, achieved EAL2+ Common Criteria certification from the National Information Assurance Partnership (NIAP), after being evaluated by US-based Science Applications International Corporations Common Criteria Testing Laboratory.

Mjunction at Rs 10,000 cr
Indias leading e-commerce company Mjunction Services, a JV between SAIL and Tata Steel, registered a milestone turnover of Rs 10,314 crore in FY 2008. It unveiled Vision 2013 setting itself a target to generate a cumulative transaction value of Rs 50,000 crore by FY 2013.

Vietnam is Top Emerging Retail Market
According to the seventh annual Global Retail Development Index, a study of retail investment attractiveness among 30 emerging markets conducted by management consulting firm AT Kearney, Vietnam has ended Indias three-year reign as the most attractive emerging market destination for retail investment.

Consumers Want More
IBM has recently released a new study which reveals 80% of consumers would prefer a service provider that gave them more choice in the applications and services available on their mobile device. The study, titled, Go mobile, grow produced by IBMs Institute for Business Value points to how consumer demand for customization and personalization will drive innovation and open standards in the mobile marketplace.

Dominion Launched in Blore
Dominion, an exclusive CXO forum was launched in Bangalore by chairman and founder, Romi Malhotra, ex-managing director of Dell International Services, India. Dominion is jointly promoted by Romi Malhotra and Bangalore Management Academy.

IIM-B Organizes LCube 08
The Indian Institute of Management, Bangalore inaugurated the 2008 edition of LCube, an annual industry-academia interface event. The three day residential program, organized by the students of the Post Graduate in Software Enterprise Management (PGSEM), focuses on the central theme of leadership from within.

Indiagames Bags Gaming Rights for Kya Aap?
Indiagames, a UTV venture, has announced its partnership with Bulldog Media & Entertainment and Star TV Network to exclusively develop games for the show Kya Aap Paanchvi Paas Se Tez Hain? This is the first offering from Indiagames on its newly launched proprietary PLAY 3 (Play cube) platform covering games across the mobile, PC-online, and interactive television (DTH and IPTV) platforms. Indiagames will also be publishing an entire range of non-gaming content including wallpapers, animations, ringtones, and themes.

Geometrics DFMPro Awarded
Geometric, a leader in product lifecycle management (PLM) solutions and technologies has announced that their design for manufacturability (DFM) product, DFMPro has achieved Solution Partner status from SolidWorks. Fully integrated with SolidWorks 3D CAD, DFMPro facilitates upstream manufacturability validation and identification of design areas that are difficult, expensive, or impossible to manufacture.

Kamal Nath at NIIT Center
Following its commitment to harness talent pools from semi-urban India, NIIT is setting up its second district learning center at Chhindwara. The foundation stone has been laid by Kamal Nath, union minister for Commerce & Industry. The minister was joined by R Sivakumar of Intel; Harish Krishnan of Cisco India; Rajendra S Pawar of NIIT; and Vijay K Thadani, CEO, NIIT.

Hughes Core Banking for UBI
Hughes Communications India, the worlds leading provider of satellite broadband services, managed network services, and products for businesses, governments and consumers today announced that it has deployed a satellite broadband network for Union Bank of India (UBI), for running the formers CBS across 400 branches and ATMs in the country.

Satyam Bags SAP Pinnacle Award
Satyam Computer Services has recently earned a SAP Pinnacle Award in the Ecosystem Expansion Category. The Pinnacle Awards are granted to leading SAP partners who have excelled at enhancing the customer experience and addressing critical issues, such as accelerating innovation and improving RoI.

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