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Tuesday, May 25, 2021

Company updates 25.5.21

SC Soft, an Aurionpro subsidiary, announces foray into Egyptian market, signs deal with e-Finance

SC Soft Pte. Ltd., an Aurionpro subsidiary, announced its foray into Egypt as it has been selected by E-Finance led consortium to supply portable ticket validators for the Egyptian National Railway Project. Egyptian National Railways has sought to implement AFC system that will serve the current and upcoming railway lines and other modes of transport. The new system will use EMV contactless smart cards, QR tickets for multiple journeys. It has been set as a future for multimodal journey platform and ticketing system for the upcoming transportation digitization in Egypt.

SC Soft Pte. Ltd., an Aurionpro subsidiary, is amongst the key partners of E-Finance in this project. SC Soft’s modern state of the art AFC systems support all fare media and payment methods including closed loop systems (smart cards), open loop systems and payments (contactless EMV) and mobile apps for payments, top ups and ticketing

Mr. Sanjay Bali, CEO SC Soft, while commenting on order win said that “we are pleased to announce this win as this marks our foray into Egyptian market and will further consolidate our leadership position in AFC market.”


HCL Technologies to Bring McLaren Health Care’s Digital Transformation Vision to Life and Deliver Cost-Efficient Solutions

 (HCL), a leading global technology company, was selected by McLaren Health Care, a fully integrated health network committed to quality, evidencebased patient care and cost efficiency, to provide digital transformation, standup a global EMR (Electronic Medical Record) Center of Excellence, and enable higher standards of service to members, providers, and employees

The partnership will have HCL deliver IT services for all 15 McLaren system hospitals located in Michigan and Ohio. HCL services would include managing and transforming the digital infrastructure foundation and the core clinical and non-clinical applications utilizing HCL’s DRYICE automation framework.

“At McLaren Health Care, we are committed to quality outcomes and this partnership will contribute to our fundamental vision and goals, which is to be the preferred healthcare provider to the communities we serve.” said Ron Strachan, Senior Vice President and Chief Information Officer at McLaren Health Care. “This pursuit to be more digital-forward reflects our commitment to ensure our hospitals provide best value in healthcare services to our patients, as defined by quality of outcomes and cost.”

“This past year has reminded us of the critical role the Healthcare industry’s plays for all of us and how technology can play a key role in enabling improved healthcare. We are proud to be the digital enablement partner for McLaren Health Care towards furthering its noble goal of providing affordable healthcare to all”, said Shrikanth Shetty, Corporate Vice President, HCL Technologies.


$414 Billion in Profits can be Gained by Using Cloud for Business Growth: Infosys Research 

- Improving speed to market and the ability to discover new revenue streams through cloud can increase    profit growth by up to 11.2 percent YoY
- But to realize these financial gains, at least 60 percent of systems need to be in the cloud

A global leader in next-generation digital services and consulting, today unveiled the Infosys Cloud Radar 2021 which has revealed the links between enterprise cloud usage and business growth. The independent study shows that enterprises in the 6 regions surveyed can add up to $414 billion in net new profits, annually, through effective cloud adoption

The Cloud Radar 2021 survey was conducted by the Infosys Knowledge Institute (IKI), a research arm of Infosys, with over 2,500 respondents from companies across U.S., U.K., France, Germany, Australia, and New Zealand. It covered a range of business performance goals related to cloud and found specific links to competencies such as speed to market and capabilities. A strong profit link was identified when using cloud to rapidly bring new solutions and services to market. These investments provide a foundation to leverage AI & automation and build cloud based new sources of revenue.

The study found specific links between business profit growth and the use of cloud to rapidly develop and launch new solutions and bring new functionality to market. Cloud’s ability to generate new value from data and discover new revenue sources also links to profit growth.


LTI Launches Operational Technology Transformation Solution with ServiceNow 

a global technology consulting and digital solutions company, has launched ServiceNow based Operational Technology Management solution for the manufacturing industry. The solution aims to address the latent demand of the industry to have digital workflows for Operational Transformation (OT) Service Management.

The solution leverages LTI’s tech and domain expertise along with digital workflow enabling capabilities of ServiceNow, to deliver a scalable and secure solution for manufacturing operations using the Now Platform. This will help manufacturers embrace the concept of OT Management, in addition to IT Service Management (ITSM) practices. The solution also secures critical infrastructure from potential external threats and attacks, by helping ensure the foundational elements of OT cybersecurity.

With insights from this solution, manufacturers can derive business benefits such as assured systems availability and rapid resolution of issues through a common service data model for manufacturing operations. Key features of the solution include


TCS Recognized as a Leader in Semiconductor Engineering Services by Everest Group  

Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS), a leading global IT services, consulting and business solutions organization, has been recognized as a Leader in the Everest Group PEAK Matrix® for Semiconductor Engineering Services

In an assessment of 16 leading providers of semiconductor engineering services, TCS was placed highest for its vision and capability. Highlighted as a key strength was TCS’ comprehensive portfolio of offerings covering all service segments and product categories catering to different types of clients. According to the report, TCS proactively and collaboratively drives innovation in semiconductor engineering engagements leveraging its strong ecosystem of partners through its inhouse Co-innovation Network. It goes on to say that the company’s robust portfolio of proprietary assets and investments in thought leadership have helped it gain market traction and execute multiple high-impact projects.

“The semiconductor industry is driving technology breakthroughs that are enabling the intelligent and connected world. Aligned to our vision of building on belief, TCS is making strategic investments and creating an extensive partner ecosystem in emerging technologies such as 5G, AI, IoT, RISC-V and heterogeneous computing to help customers build purpose-driven products to drive digital transformation,” said V Rajanna, Global Head, Technology Business Unit, TCS. “This Leadership position by an independent third-party research firm is a recognition of our vision, strategy, and thought leadership.” 

TCS’ comprehensive capabilities across VLSI design and verification, post-silicon engineering, firmware development, wafer yield management, and value engineering help it deliver engineering services across technology domains. TCS is making significant investments in setting-up Centers of Excellence in semiconductor design and manufacturing areas to create scale and develop innovative solutions. These solutions deliver substantial benefits to TCS’ customers and help them accelerate product innovation.