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Tag: techshots (page 1 of 8)

Tech M launches ServiceNow biz unit to accelerate digital transformation

Tech Mahindra has launched ServiceNow Business Unit for the digital transformation of clients. Together they will build joint customers through rapid prototyping and development of the next-gen low code, no code apps across 5G, IoT, AI/ML, customer experience across telecom, media, entertainment, energy and utility sectors.“This BU will unlock the promise of digital productivity and deliver customer success,” said Charu Kapur, Global Head – Enterprise of Future, Tech M.

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Accenture acquires cloud analytics firm Core Compete

Accenture has acquired Core Compete, a North Carolina- based cloud analytics services firm, for an undisclosed amount. This is Accenture’s eighth applied intelligence-focused acquisition in the past two years. Core Compete’s 260 professionals, post-acquisition, will join Accenture’s Applied Intelligence practice. It has offices in the UK and India and helps enterprises in digital transformations, cloud-native solutions that deliver AI and ML-infused business outcomes.

Hyundai powers EV race with car battery that can run electronics

Hyundai’s electric car Ioniq 5 has bi-directional charging, which allows owners to power electronic devices from the car battery. Conventional car batteries can be used to charge laptops and smartphones only and drain quickly if plugged into anything more powerful — portable fridge, sound system etc. The car comes with the option to install a solar-panel roof to charge the battery, giving the EV an additional driving range of about 1,300 km annually.

Clubhouse discusses funding at $4 bn valuation: Reports

Clubhouse, as per media reports, is in talks with investors to raise funds at a valuation of about $4 bn.  The deal, if and when happen, would quadruple the start-up’s value from Jan and would reflect the high expectations of investors from the audio app. The reports, however, did not reveal how much Clubhouse is seeking to raise or named the investors who may participate. Clubhouse didn’t respond to the media queries.

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Cloud- computing skills demand hit all-time high, salaries jump 100%  

Salaries of cloud computing talent have jumped 100 % high due to the pandemic, and push for digitalisation. A cloud computing professional, a year ago, with five years of experience, was drawing Rs 15 lakh anually is now offered Rs 30 lakh. Similarly, a mid-level executive with 10 years of experience is now offered of about 1 cr, up from Rs 40-50 lakh per annum, said an Xpheno survey. The survey pegged the talent shortage of 80% in the cloud computing space.

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This is how GlobalLogic is using AI to cut talent acquisition time drastically

V. Padmanabhan, VP – Engineering, GlobalLogic led team has created AI and ML tools to look for candidates certifications, present and past companies, their research papers to create a summary of thousands of resume just through systems. A team of 10 professionals took at least a few weeks to look at 1000 resumes, do talent identification for fitment into the roles. In the new automated system, the efforts have come down to a day or two.

LG to shut smartphone division by July; first major brand to withdraw from market

LG said that it will wind down its mobile division by July 31. The Korean smartphone brand, which was once in 2013 became the world’s third-largest manufacturer behind Samsung and Apple, will become the first global brand to withdraw from the market. It still has a 10% share in North America to become the No. 3 brand. The division has registered straight-six years of losses of around $4.5 bn and accounted for 7% of the LG group’s revenue.

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Spotify starts testing first hardware ‘Car Thing’ in the USA

Spotify has started testing the first hardware ‘Car Thing” device in the US with a small group of premium users. The Car Thing can be placed horizontally or vertically on the car’s dashboard and has been designed to be a voice-controlled smart assistant device for cars featuring songs and podcasts that can stream on Spotify. The Bluetooth enabled device can be connected to a 12V power outlet. The firm will also conduct tests for “Voice Thing” and “Home Thing.

Wipro appoints former Walmart, PayPal executive Subha Tatavarti as CTO

Wipro has appointed Subha Tatavarti as CTO. The US-based Information Technology industry veteran has joined Wipro from Walmart where she was senior director of technology commercialisation. Prior to that, she has spent over 10 years with PayPal and was Head of product, data platform and infrastructure. She brings over 20 years of professional experience in product development, delivery, lifecycle management, cloud computing services, data and analytics.

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