Assam Electronics Development Coro has appointed iBus Networks as its official partner for the deployment and operations of digital infrastructure on commercial premises. The partnership will offer connectivity solutions on large campuses, IT parks, hospitals, etc. Assam Electronics Development Corp has over 36 years of experience in delivering IT solutions, while iBus is a network coverage provider covering a 500M sqft area.
Microsoft has announced the acquisition of TakeLessons, an online and in-person tutoring platform. While the terms of the deal have not been disclosed, TakeLessons will continue to operate business as usual for now, it said. The platform provides students a means to connect with tutors online and in-person, in areas like music, language, others. The acquisition provides Microsoft with the infrastructure to make aggressive moves in the EdTech market.
To help employees involved in hybrid schedules of work, Google Workspace has announced new adjustments and features. The new features included in Chat, and meeting and conferencing hardware enhancements aim to bridge the gap of a hybrid work environment. The new feature “Spaces”, will be a dedicated place to share info, build community, and advance projects as teammates. It will integrate fully with all other Workspace software.
Source: PR News Wire
Microsoft has announced a “multi-year strategic alliance” with India’s hotel chain Oyo, aiming to develop “next-gen” travel and hospitality products. Microsoft invested $5M in Oyo last month, taking the startup’s valuation to $9.6B. Oyo will use Microsoft Azure for its cloud-based needs and develop solutions with help from Microsoft for its small and medium-sized hotel clients.
Capgemini has signed a new three-year partnership to become World Rugby’s Global Digital Transformation Partner. The firm will work with France 2023 to support the tournament’s management, and play a role in the delivery of both men’s and women’s World Rugby Rankings, with the help of its deep technological expertise. It will also enhance the digital experience for fans and coaches, with the help of AI, data analytics, and the cloud.
Paypal, with the pandemic putting strain on digital payment firms, has had to shift workload to cloud quickly. Using hybrid-cloud and multi-cloud capabilities, PayPal has made the transition and has plans to increase cloud footprint each year, with a multi-year plan said, Wes Hummel, VP of Site Reliability and Cloud Engineering. The shift allowed PayPal to use flex-up capabilities, the ability of the cloud to burst workloads, and transactions onto the cloud.
Source: ET CIO
HDFC Bank is expected to double its tech spending as it looks to compete with peers and improve digital capabilities. From 8-9% as a percentage of opex, spending will increase to 18-20%, said Suresh Ganapathy, Association Director at Macquarie Capital. The cost-income ratio is also expected to go up from 36% to 40%. With analysts viewing this as a positive step, the focus will be on decoupling legacy systems and improving digital capabilities.
POSist has said that Cloud Kitchen Management software inquiries witnessed a 40% increase in the last six months. After the pandemic caused the break, restaurants are re-imagining business operations, using technology to ensure smooth functioning. With over 9000 customers in 35 countries that POSist has served, India has been one of the first to adopt tech solutions, said Ashish Tulsian, POSist CEO and Co-founder.
Source: ET Hospitality
The Reserve Bank of Australia has said it is working on a feature that would enable Australian banking customers to attach a PDF or a secure Hyperlink along with the payment they make. The feature was discussed as the RBA made a submission to a Senate committee probing Australia’s Anti Money Laundering/Counter-Terrorism financing regime. The new feature will provide secure payment and ease of use to corporate entities.