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Tag: AWS (page 2 of 5)

AI startup Databricks raises funds from Microsoft, Google, AWS at $28 bn valuation

Artificial intelligence startup Databricks has raised fresh capital at a $28 bn valuation from Microsoft, Google and Amazon. Databricks develops tech that delivers improved analytics to cloud computing platforms and has over 5,000 customers, of which 40% are Fortune 500 companies. The latest funding round of $1 bn was led by Franklin Templeton, AWS, Google investment arm Capital G and Microsoft, a previous investor.

Wipro appoints AWS executive as country head for Brazil

Wipro has appointed Douglas Silva as country head for Brazil, with the aim to build a business in Latin American. Silva joins Wipro from AWS, where he headed financial services industry in Latin America and served as enterprise sales director for Brazil. In the past, Silva has worked at senior positions at SAP AG, Capgemini AG and TCS. He will be based at Alphaville in = Brazil, and report to Managing Director at Wipro Latin America Mukund Seetharaman.

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MeitY, AWS to set up quantum computing apps lab in India 

MeitY will collaborate with AWS to set up a quantum computing apps lab in India to help accelerate quantum computing-led research and development and enable new scientific discoveries. AWS will also provide quantum computing-as-a-service to ministries and govt departments, researchers, scientists, academia and developers to enable advances in areas such as manufacturing, healthcare, agriculture and aerospace engineering.

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Amazon cloud business grew 54% in India in FY20

The India arm of Amazon Web Services reported a 54% rise in revenue to Rs 4,216 cr in FY 20 but registered a net loss of Rs 20 lakh during the period. The company, in the business of data processing, hosting and related activities, had total expenses of Rs 4,178 cr. The cloud service provider’s revenue from continuing operations jumped to Rs 4,161.6 cr from Rs 2,637.2 cr, primarily on account of cloud adoption and related services by new and old clients in India.

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AWS introduces Chaos Engineering as a Service for enterprises 

Amazon CTO Werner Vogels introduced the company’s Chaos Engineering as a Service called AWS Fault Injection Simulator. The aim is to help bring such capability to all firms by simplifying the process of running chaos experiments in the cloud. The service can help to understand how apps respond to issues by injecting failures into them, usually running these experiments against production systems. It is a fully managed service on apps running on AWS hardware.

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Amazon to skill 29 mn people in cloud computing by 2025

AWS has said that by 2025 it will help 29 mn across the world to grow their technical skills with free cloud computing skills training. Teresa Carlson, Vice President of Worldwide Public Sector at Amazon, said that the company will provide training opportunities through existing AWS-designed programmes. AWS is building a library of more than 500 free courses, interactive labs, and virtual day-long training sessions.

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AWS witnessing strong growth among fintech, healthcare, e-com, logistics startups

AWS Head of Startup Ecosystem (APJ ) Gaurav Arora said that they were witnessing a strong uptake of its cloud services among startups across three segments — fintech, healthcare, e-commerce and logistics in India. The three biggest budget items for any startups are people, tech, and marketing, and that startups need to manage capital to succeed, he said. AWS, competes with Microsoft and Google in the segment, has been strengthening its presence in India.

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BMW creates data hub with AWS to boost efficiency

BMW has developed a data hub with Amazon’s cloud computing division with the aim to use “big data” to boost efficiency. Data from BMW’s new hub, during the pandemic, enabled it to see which supplier plants had problems. BMW and AWS have been working together since 2015 and have spent 1.5 years to develop the data hub. Over 5,000 BMW employees will be trained to use AWS tech to make better use of data. The hub will use AI and ML to predict consumer demand.

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AWS, Deloitte joins hand to accelerate cloud adoption, digitisation

Deloitte has opened an ‘AWS Cloud Garage” to bring together AWS Cloud tech services and capabilities along with Deloitte’s sectoral expertise. The Garage will help an organisation’s Cloud adoption journey by brainstorming sessions and making them understand how an innovative idea can generate tangible business benefits. Other expertise available include app development, IoT solutions, AI-ML services, cyber-security,  data analytics, etc.

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