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Tuesday 20 July 2021

Company Updates 20.7.21

Wipro to Invest $1 Billion to Expand Cloud Transformation Capability, Launches Wipro FullStride Cloud Services

A leading global information technology, consulting and business process services company, announced the launch of Wipro FullStride Cloud Services and its commitment to invest $1 billion in cloud technologies, capabilities, acquisitions and partnerships over the next three years. As the cloud opportunity accelerates, Wipro FullStride Cloud Services brings together the full portfolio of Wipro’s cloud-related capabilities, offerings and talent to better orchestrate the cloud journey for clients. This commitment builds on Wipro’s existing and extensive cloud business with clients and significantly expands the investment with its partners and hyperscalers, creating industry solutions that accelerate results for mutual clients.

Wipro has seen consistent growth in its cloud business and today employs over 79,000 cloud professionals and more than 10,000 people certified by the leading cloud service providers. Over the past 12 months, Wipro has announced significant cloud-related wins with Telefónica Germany / O2, Verifone, and E.ON in addition to METRO AG, one of the largest deals in Wipro’s history.

“Today, cloud adoption is at the core of any IT transformation initiative, and our clients have been turning to Wipro for help with this. With our $1 billion investment in cloud capabilities, and the launch of Wipro FullStride Cloud Services, we are in a far stronger position to simplify, orchestrate and accelerate the cloud journey for our clients,” said Thierry Delaporte, Chief Executive Officer and Managing Director, Wipro Limited.

Wipro FullStride Cloud Services will work with clients to better align business and IT with the cloud imperative, create significant business value and increase competitive differentiation. It will also improve their business agility, embed resilience and significantly optimize their technology investments in favor of change and innovation. Wipro FullStride Cloud Services puts client and business needs first while orchestrating simplicity in an otherwise complex ecosystem.

“Cloud adoption and innovation are an essential part of our IT strategy. For a company like METRO that operates in 25 countries, quickly migrating to the cloud enables decentralization, agility, speed and flexibility in engineering and development. We are delighted to have a multiyear strategic partner and leader like Wipro to support our cloud strategy and simplify a complex, technology ecosystem for our success and growth,” said Timo Salzsieder, CIO, METRO AG. 

“With the introduction of the Chief Growth Office, we are renewing our focus on our global partnership ecosystem, amplifying and simplifying how we go to market together to orchestrate cloud transformation for our clients. We will announce a new leader for this group very soon.” said Stephanie Trautman, Chief Growth Officer, Wipro Limited.

Wipro FullStride Cloud Services is a collaboration between Wipro’s Chief Growth Office and existing Global Business Lines to create an integrated and comprehensive cloud transformation capability for customers, partners and cloud experts. With the launch of Wipro FullStride Cloud Services, Wipro is set to make cloud innovation and progress thrive, fueled by passion, collaboration, and boldness for clients.  

TCS Recognized as a Leader in the IDC MarketScape for Intelligent Automation Services in Asia-Pacific

a leading global IT services, consulting and business solutions organization, has been recognized as a Leader in the IDC MarketScape for Intelligent Automation (IA) Services in Asia-Pacific

According to the report, “… (TCS’) Machine First™ approach to and integrated framework for enterprise transformation ensures that IA, in all its forms, is a central part of transformation initiatives across the breadth of enterprise operations.” It goes on to say that “TCS also delivers with its functionality and offerings, delivery model effectiveness, customerservice strategy and delivery, and innovation and R&D.” 

“As a precursor to their growth and transformation, enterprises are looking to reimagine their operational core, making it leaner, more resilient and future-proof through the innovative use of intelligent automation to augment human capabilities. An enterprise-wide Machine First approach helps organizations synergize, innovate, transform and achieve accelerated market success,” said Ashok Pai, Global Head, Cognitive Business Operations, TCS. “This position as a Leader is a recognition of our vision, strategies, comprehensive portfolio of intellectual property and our capabilities in AI and automation.”

TCS’ Intelligent Automation offerings leverage MFDM™ and cover business processes, infrastructure services and the application lifecycle. The services portfolio includes consulting, assessments, solutioning, implementation and support. 

Infrastructure automation services span the workspace, networks and Agile infrastructure – data center, Edge and hybrid IT. TCS’ Business Process Automation solutions span the entire spectrum of automation technology covering both robotic process automation as well as cognitive processing of workflows, languages, documents, images, and conversations. These automation solutions include an overarching layer of AI and ML solutions around a data foundation to support analytics and decision-making. These solutions are designed to cater to all stakeholders across business areas such as finance and accounting, procurement, HR, supply chain, customer experience, as well as industry-specific processes like utilities meter to cash, KYC and AML in BFSI, telecom order to activate, airline baggage tracking and passenger experience.

TCS’ MFDM philosophy is operationalized through Cognix™, an AI-driven human-machine collaboration suite that accelerates digital transformation using an ecosystem of pre-built solutions. TCS Cognix unlocks the immense value at the intersection of business processes, IT infrastructure, and applications layer, and orchestrates the digital technology ecosystem. It also contextualizes solutions by harnessing know-how from the vast expanse of customer operations. TCS Cognix helps realize a configurable enterprise, enabling organizations to achieve a competitive edge through cognitive operations. 

Infosys to establish Digital Technology and Innovation Center in Stuttgart for the Automotive Sector

A global leader in nextgeneration digital services and consulting, today announced the launch of its Automotive Digital Technology and Innovation Center in Stuttgart, Germany, building on its strategic commitment to drive innovation and IT infrastructure transformation in the sector.

The new center brings together automotive and IT experts from across Germany into a space for shared knowledge, skills and innovation. As a part of Infosys’ partnership with Daimler, automotive IT infrastructure experts based in Germany will transition from Daimler AG to the new Digital Technology and Innovation Center. Encouraging sustainable growth within the German automotive sector, it will provide its customers with tools to meet the country’s growing demand for electric vehicles. 

Infosys aims to create a gold standard for Germany’s automotive and manufacturing companies to accelerate and standardize technology adoption. It will provide training and innovation labs and focus on industry transformation, including the infrastructure required to design future and advanced technologies such as artificial intelligence, automation and electrification. The center will also spotlight Infosys’ commitment to championing sustainability, leveraging resources such as a data center operating on 100 percent renewable energy and zero water consumption. 

Through the new center Infosys will support leading German automotive company, Daimler AG, strengthen its IT & data center infrastructure, and drive competitive edge in line with its ambitions to standardize, consolidate, scale and transform to Net Zero with seamless customer experience.

Dr.-Ing. Jörg Sommer, formerly Director of Digital Foundation at Daimler has been designated as the CEO of the Digital Technology and Innovation Center in Stuttgart, which is a separate legal entity and officially called Infosys Automotive and Mobility GmbH & Co. KG.

The center promotes a multi-cloud and carbon neutral approach to IT infrastructure transformation, leveraging Infosys Cobalt, a combination of Infosys services, solutions and platforms that supports enterprises in accelerating their cloud journey, alongside other leading cloud providers. Through its cloud approach the center will enable an anytime, anywhere workplace primed to address present and future needs. The center offers Infosys the opportunity to play an instrumental role in the transformation of Daimler as an industry leader, and in turn provides other automotive manufacturers the opportunity to leverage Infosys IP and tools as well as unlock valuable growth opportunities during a crucial time for the automotive sector and growing German economy. 

“The Digital Technology and Innovation Center in Stuttgart will provide a wide range of benefits for both Infosys and the German automotive sector. By bringing together the formidable skills and expertise across Germany, this center will support Daimler in its hybrid multi-cloud and AI-driven digital transformation journey to scalability. It will also provide a cloud architecture blueprint for other German manufacturers to emulate as they move through a period of resilient IT transformation. Amidst the rising demand for electric cars, we’re committed to supporting the German automotive industry as it addresses these changes in behavior,” said Salil Parekh, Chief Executive Officer, Infosys

“As software becomes modular and IT infrastructure continues to scale, Daimler will take three simultaneous steps to transform its IT landscape: consolidation, scaling and modernization. Through establishing the Infosys Automotive and Mobility GmbH in Germany, Infosys is committed to grow with us in the automotive industry and provide exciting career opportunities for our employees. The center will also set new standards for cloud and infrastructure services in the automotive industry. We’re delighted that through this partnership, Daimler will strengthen its overall technology investment and partnership strategy,” said Jan Brecht, Chief Information Officer, Daimler and Mercedes-Benz.

“We’re thrilled to announce the establishment of the Digital Technology and Innovation Center, an exemplary facility providing a testbed for innovation, and critically, a platform for cross-industry expertise and skills transfer. To deliver on new and emerging mobility trends, automotive brands need to be able to scale and deliver innovation to market at speed. Through cutting-edge technologies such as cloud, artificial intelligence, automation, and electrification, the Innovation Center will be a catalyst for accelerating the development and availability of pioneering technology in the market, as well as simplifying and standardizing hybrid cloud stacks across the industry,” said Dr.-Ing. Jörg Sommer, Chief Executive Officer, Infosys Automotive and Mobility GmbH & Co. KG. 

Infosys Public Services Launches Blockchain Network to Modernize Public Recordkeeping for County of Riverside in California

completed the pilot of a blockchain solution designed to improve the efficiency, access and security of vital recordkeeping in Riverside County, California’s fourth largest county and the 10th largest in the U.S. The blockchain network enables county employees to manage data effectively and securely, while easing access and lowering cost of operations

“Blockchain technology presents a new opportunity for governments to advance their digital agenda and leapfrog into the next era of secure, citizen-centered services,” said Eric Paternoster, CEO, IPS. “We are excited about this project with Riverside County Assessor-County Clerk-Recorder Office and appreciate the opportunity to demonstrate how blockchain can enable the county to become more digital, connected, and secure.”

The pilot blockchain network, developed in collaboration with Amazon Web Services, Inc. (AWS) using Amazon Managed Blockchain, modernizes the once paper-centric operations of the Riverside County Assessor-County Clerk-Recorder Office. The introduction of blockchain technology enables the Office to store, recreate, and retrieve verifiable digital records, reducing the need for physical storage. The solution will also provide citizens more timely and accurate access to their records.

“As Riverside County’s Assessor-County Clerk-Recorder, our goal is to provide recordkeeping, record issuance, and property valuation in a timely, secure, and cost-effective manner,” said Peter Aldana, Assessor-County Clerk-Recorder at County of Riverside. “Adoption of blockchain technology will greatly advance our digital transformation journey towards our goal.” 

Riverside County currently spends approximately $500k annually to store official records physically to ensure compliance with records retention laws and regulations, a cost incurred by most local governments. With physical storage, however, access, research, and audit of records for retention compliance become time consuming and costly. Blockchain technology offers the ability to reduce costs associated with physical storage of the official records. In addition, Riverside County Assessor-County Clerk-Recorder Office issues between 58,000 to 90,000 vital records to citizens of the County annually. Currently all vital records requests are fulfilled through issuing of physical paper certificates. Adoption
of Blockchain technology will allow governments to help citizens obtain digital vital records securely within minutes and achieve higher efficiency within the office operations. IPS and AWS will continue to work with the County to assess how blockchain technology can benefit more departments and processes, increase effectiveness of public services, while minimizing cost of operations. 

HERO MOTOCORP RIDES INTO THE SECOND QUARTER WITH AN ELEVATED GLAMOUR QUOTIENT

INTRODUCES THE GLAMOUR ‘XTEC’ MOTORCYCLE

Having sold more than a million motorcycles and scooters in the first quarter (April-June) of FY’22, Hero MotoCorp has commenced the second quarter (July-September) with the launch of the ‘Xtec’ avatar of its popular motorcycle – Glamour. 

Representing the evolved tastes and preferences of today’s youth, the Glamour Xtec is a combination of Style, Safety, and Connectivity. Packed with features such as first-insegment Bluetooth connectivity, Turn-by-Turn Navigation, Integrated USB Charger along with Side-Stand Engine cut off, Bank Angle Sensor and LED headlamp, the new motorcycle is a notch higher than the rest in its segment. 

Available in exciting new color options across Hero MotoCorp customer touch points in the country, the Glamour Xtec is attractively priced at Rs 78,900/- (Drum variant)* and Rs 83,500/- (Disc variant)*. 

HCL launches SoFy, the Cloud Native Solution Factory and HCL Now, a Cloud-Native-as-a-Service offering

a leading global technology company, today unveiled HCL SoFy, the Cloud Native solution factory and HCL Now, a Cloud-Native-as-a-service offering. The two new additions further enhance the company’s #HCLCloudSmart offering. 

SoFy and HCL Now offerings are a result of the significant investments HCL has made towards evolving and modernizing its product portfolio, along with its long-term Cloud Native commitment. In the past year alone, HCL Software division has announced 22 major product releases, 10 new product modules, 390 total product releases, and over 900 enhancements. 

Aligned with the #HCLCloudSmart journey, HCL Software’s Cloud Native strategy combines a technical platform rooted in the most widely adopted Cloud Native technologies with the choice and freedom that allows each customer to adopt Cloud Native in a way that best meets their own specific business objectives. 

HCL SoFy, the foundational Cloud-Native platform, allows clients to deploy enterprise software in minutes on their Cloud of choice, without vendor lock-in, and scale to enterprise needs. Key features of SoFy include:

• HCL Software at Your Fingertips: easy access to 50 product components, 2,000+ REST API endpoints, and Cloud Native demos.
• One-click Deployment: the ability to deploy HCL Software in minutes with the innovative SoFy platform.
• Multi-cloud, Multi-choice: enable implementation of a multi-Cloud strategy, run on any Cloud, public or private. 

 HCL Now unlocks the full potential of HCL’s Product and Service capabilities on a Cloud platform of client’s choice. The Cloud-Native-as-a-Service offers: 

• Cloud Native Now: enterprise-grade availability, unlimited scalability and flexibility built from the ground-up as Cloud-Native along with dedicated, secure environments deployed and managed on public Cloud of choice.
• Experts-On-Demand: reduced risk and cost while transitioning to Cloud Native, empowered and enabled by our Cloud and HCL product experts.
• More for Less, No Lock-in: software and customization investments portability to any Cloud, public or private as well as shared initial investment to kickstart your transformation.

“The foundations of our architectural strategy, Cloud Native and API First, gives our clients the ability to rapidly innovate new capabilities and components across our products – from automation, DevOps, commerce and marketing, digital solutions and security”, said Darren Oberst, Sr. Corporate Vice President & Head, HCL Software. “It gives strategic choices to our clients to avoid ‘lock-in’ and have the flexibility to control their data, mix-and-match among different tools, and to build their own solution architecture”, he added.

HCL SoFy and HCL Now’s Cloud Native capabilities depend only on Kubernetes and remain completely Cloud agnostic. This flexibility allows easy migration across Cloud providers, increased business agility, reduced risk, and allows customers to implement a multiCloud strategy.

HCL is a Gold Member of Cloud Native Computing Foundation (CNCF.io) as well as Cloud Native Foundation (CNF) and is also on the Governing Board of Cloud Foundry Foundation (CFF).

Career Point bagged New Order of Rs 4.5 Cr

leading education company has announced that the company has been awarded a new order in tutorial division by District Mineral Foundation (DMF), Sundargarh, Odisha. The agreement, which will be effective for a period of two years, is valued at about rupees 45 million. Under the agreement, Career Point will be providing tutorial services with hostel facilities to aspirants preparing for JEE, NEET and CLAT. The new partnership shall be aimed to provide best in-class tutorial services of Career Point to new geographies in Odisha. 

Mr. Pramod Maheshwari, CMD and CEO of Career Point Limited said, “We are pleased to be selected and receiving the order by the esteemed District Mineral Foundation. The academic quality and various innovations in service delivery by Career Point are already proven with outstanding results in various competitive examinations over the last 28 years. The Company has inked similar deals in past with many renowned organizations including NTPC, ISRO and multiple agencies of Central and State governments. Signing new agreements in new territories along with growing focus on Online education are the steps in-line with our strategy for advancement of the test-prep division.” 

Mr. Mahesh Bhangriya, VP — Corporate Strategy, Career Point Ltd further informed that, “Career Point is already one of the leaders in preparing students for Engineering (JEE) and Medical (NEET) entrance examination. Addition of CLAT (Common Law Entrance Test), NATA (National Aptitude Test in Architecture) and NDA (National Defense Academy) in the new order is remarkable and signifies a trust on our leadership to deliver best in-class services for test-prep segment across verticals.”