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Category: Digital Tranformation (page 1 of 34)

Cyient joins TM Forum, to contribute to industrial digital transformation

Cyient has joined the TM Forum to drive digital transformation in the industry. It will also contribute to future-fit connectivity solutions, user experience, and network experience. The TM Forum is an international industry association, of reportedly 850 telco and tech members, that drives industry transformation through collaboration and innovation. Bharti Airtel, Reliance Jio, Vodafone Group are some of the other Indian members.

Source: PR Wire

Digital transformation needs infrastructure, agility, says IBM India

IBM India executives Viswanath Ramaswamy and Ravi Jain have said that infrastructure and agility will be key for undergoing digital transformation. Stating that hybrid cloud, AI, and other new tech have accelerated digital transformation and requirements, Ramaswamy said that apps need agility to adapt to these new requirements. Data Security has also become important, with companies transferring data constantly as cloud adoption increases.

Source: ET CIO

Amazon, Microsoft aims to participate in PM’s Agri project to access data

Amazon, Microsoft, Cisco, and Jio are a few of the tech giants aiming to work with the Indian government in its Digital Agriculture project which will technologically transform the sector in the country. Under the project, the government will give access to Agro data collected since 2014, to tech giants in hopes that the private sector will boost agro yields with technology. The agricultural sector employs over half of India’s 1.3B population.

Source: Live Mint

India, Singapore working to enable cross border payments of funds

India and Singapore are working to link both the countries’ national payment systems, to enable cross-border payments of funds. The linking of the “PayNow” interface of Singapore, and the “Unified Payments Interface” of India is to be completed by July 2022 and would enable residents to easily transfer small funds to each other even through mobile numbers. In April 2021, Singapore inked a similar pact with Thailand’s PromptPay.

Source: Live Mint

Ministry inks pact with tech giants Jio, Cisco, others to modernise agriculture

The Agricultural Ministry has signed Memorandums of Understanding (MoU) with Cisco, Ninjacart, Jio Platforms Limited, ITC Limited, and NCDEX e-markets Limited to modernise the agricultural sector by promoting the use of digital technologies. The companies will run pilot projects helping the farmers make informed decisions on what crops to grow, what seed to use, etc. The decision is in line with the central government’s digital agriculture mission.

Source: The Hindu

UST attains CarbonNeutral certification

Digital transformation solutions company UST has announced that it has received the CarbonNeutral certification, in accordance with the CarbonNeutral Protocol, created by Natural Capital Partners in 2002. The protocol is the first set of clear guidelines for companies to achieve Carbon Neutrality, and is regularly updated to be up to industry and scientific standards. The certification comes as one in a number of social responsibility initiatives by UST.

Source: UNI India


JSW steel plans digitally connected smart steel factories in India by FY25

Steelmaker JSW Steel has plans to create digitally connected steel factories in India. The plan will involve the deployment of advanced new technology such as Artificial Intelligence, Machine Learning, Robotics, and Cloud. As a part of the digital roadmap, the first digital factory to be operational will be JSW Steel Vijayanagar Works, in FY23, followed by JSW Dolvi Works in Maharashtra, and JSW Salem works in Tamil Nadu.

TCS to transform digital capabilities of chipmaker NXP Semiconductors

TCS has been selected by NXP Semiconductors to drive its digital transformation. It will develop NXP’s integrated IT strategy, infrastructure, and workplace services across apps. The IT firm will also enhance NXP’s cloud adoption to increase business mobility and develop a future-ready digital foundation. “TCS demonstrated an understanding of NXP’s environment and identified transformational opportunities,” NXP’s CIO Olli Hyyppa said.

Source: Business Standard

Wipro, First Horizon Bank develop core banking services of VirtualBank

Wipro and First Horizon Bank partnered to develop the core banking and service capabilities of VirtualBank, a digital bank FHN inherited in the IBERIABANK merger in 2020. With a history of overseeing cloud transformations, Wipro partnered with FHN to develop VirtualBank’s Fintech stack on a public cloud ecosystem. The Bangalore-based IT firm also oversaw a complete overhaul of VirtualBank’s legacy tech to a new cloud-based API offering.