Zensar announces partnership with FRISS to digitize risk assessment
Zensar Technologies, a leading experience engineering and technology solutions company, announced that they have partnered with FRISS, the most widely adopted provider of AI-powered end-to-end fraud prevention and detection solutions for P&C insurers worldwide. This global, strategic partnership will enable Zensar’s clients to access the latest market-ready AI, a multitude of data sources and unparalleled customer service directly through FRISS.
Nachiketa Mitra, Executive Vice President and Global Head, BFSI, Zensar, stated, “We see accelerated growth in virtual customer engagement models that comes with unique challenges. There is a clear need for fraud detection and risk mitigation during the underwriting process. FRISS brings end-to-end value to insurance carriers’ underwriting, claims and SIU processes with the ultimate goal of providing business benefits to their clients, aligning substantially with Zensar’s objectives.”
“Zensar is committed to delivering best-of-breed solutions,” added Andrew Vogeney, GM for FRISS North America. “We’re enthusiastic about being able to enhance that commitment by offering FRISS technology to the already-expansive base of Zensar customers, through shared industry knowledge and as trusted advisors on both sides.”
Commenting on this announcement, James Dewaker, Zensar’s Senior Vice President & Head of Insurance for North America, shared, “Our clients are looking for a comprehensive eco-system that can be managed across a digital landscape/framework. FRISS brings key elements of fraud detection and KYC features essential for today’s insurer to implement. We are confident that both teams will work well together to deliver on this critical business function.”
FRISS offers solutions that are essential for improving day-to-day efficiency through claims, underwriting and SIU, a necessity for all P&C insurers. These solutions complement Zensar’s Rapid Digitalization platform, InsureArk. InsureArk is designed to enable transformation of the current quote to claims processes within the P&C Insurance (Homeowner, Rental and Automotive). It is aimed at multiple personas (Customers, Insurers, Intermediaries, Adjusters, Contact Center Agents) within the Insurance landscape and provides Multi Channel Digital interfaces for carrying out their operations.
Wipro Recognized as a Leader in ISG Provider LensTM SAP HANA® Ecosystem Services Report for US and UK
Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading global information technology, consulting and business process services company, today announced that it was recognized in the ISG Provider Lens™ SAP HANA® Ecosystem Report as a “Leader” across multiple quadrants analyzed in US and UK. This report marks the second consecutive year for Wipro to be positioned as a “Leader” in the UK for all quadrants analyzed.
The comprehensive report from ISG, a leading global technology research and advisory firm, evaluates the capabilities of top SAP service providers to support clients in five quadrants: SAP S/4HANA® System Transformation – Large Accounts, SAP S/4HANA System Transformation – Mid Market, Managed Application Services for SAP® ERP, Managed Cloud Services for SAP HANA as well as SAP Business Technology Platform and Intelligent Technologies.
The report recognizes Wipro’s ability to help customers harness the capabilities of SAP S/4HANA to digitally transform their businesses. Wipro has successfully leveraged the latest intelligent technologies and capabilities of SAP to help clients gain a competitive edge in their markets, ensure a sharp return on investment, and accelerate their growth trajectory.
Harish Dwarkanhalli, President, Applications & Data, Wipro Limited said, “We have a comprehensive service offering around SAP S/4HANA that enables our customers to unlock the value of digitalization and achieve their objectives of simplification, experience, resilience and sustainability. The leadership recognition is a testimony of our capability to deliver business outcomes for our clients across geographies.”
Kartik Subramaniam, Senior Lead US Analyst, ISG said, “Wipro has a strong SAP presence, using its preconfigured industry solutions, agile delivery models, tools and accelerators to ensure rapid implementations on next-generation SAP technologies. Furthermore, its strategic partnerships with cloud hyper scalers and technology enablers have helped to boost innovation and prepare it for future market developments such as AI, ML and Blockchain. Wipro’s expansive capability set, coupled with its SAP experience, make it a leader across quadrants in the US.”
Akhila Harinarayan, Lead UK Analyst, ISG said, “Wipro has a strong set of tools and accelerators, preconfigured industry solutions, strong cloud expertise and robust partner ecosystem. This helps enterprises succeed in their end-to-end SAP S/4HANA transformation journey
TCS Signs 10-year Contract with Transport for London to Digitally Transform Taxi and Private Hire Vehicle Licensing Administration
Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS), a leading global IT services, consulting and business solutions organization, has been selected by Transport for London (TfL) to design, implement and operate a new smart mobility system that will reimagine the administration of taxi and private hire vehicles in London.
Over the course of the 10-year contract – which has the opportunity for a five-year extension – TCS will digitally transform taxi and private hire licensing and administration, as well as implement continuous improvements and innovation, responding to evolving industry trends and customer demands.
TCS will design and launch the new system using its DigiGOV™ framework for rapid digital transformation. The system will include an on-demand data and records management system that will enhance user experience by offering services like licensing payments and refunds to vehicle operators and owners through digital channels. Streamlined workflows link the user-friendly front-end interfaces with back-end activities such as bookings, personal detail processing and vehicle inspections. This digital shift by design, will encourage a self-service approach among licensees. Further, with data hosted on AWS cloud, the new solution will be scalable to accommodate future growth, and resilient so customers don’t face outages during operational hours.
The new system will be flexible and extensible to comply with evolving policy requirements and legislation. As part of the change management, TCS will conduct in-depth training as part of the onboarding process.
“TfL is the foremost transportation authority in the world with its innovative approach to managing urban transportation with the use of technology and data. The new TCS-designed technology system will meet TfL’s key objectives, enhance customer experience and enable future requirements including connected, shared, electric, autonomous vehicle registrations. We are delighted to be appointed by TfL to deliver this transformation,” commented Amit Kapur, Country Head, TCS UK and Ireland.
Graham Robinson, General Manager of Taxi and Private Hire, TfL, said: “An efficient and effective licensing system is paramount for any regulator overseeing taxi and private hire operations in a world city. We are pleased to have signed this contract with TCS, as it ensures our business keeps pace with technological developments and gives the best possible service to licensees.”
TCS is the largest IT service provider by revenue in the UK with roughly 18,000 employees and is a significant contributor to the UK economy and to local community initiatives across the country. TCS has been ranked the #1 IT services provider for customer satisfaction in surveys by Whitelane Research, for six consecutive years. It is listed among the top 25 Best Companies to work for in the UK, among the Best Companies in the Consultancy Sector, and named the number 1 Top Employer in UK by the Top Employers Institute.
TCS’ New MasterCraft™ DataPlus 3.0 Uses Machine Learning to Help Enterprises Further Strengthen Data Privacy
Tata Consultancy Services (TCS), (BSE: 532540, NSE: TCS), a leading global IT services, consulting, and business solutions organization, released a major version of TCS MasterCraft™ DataPlus, with a self-guided approach to building data privacy and data quality processes and Machine Learning (ML)-based sensitive data attribute discovery.
TCS MasterCraft DataPlus is an integrated data management software for data privacy, test data management, data quality management, data analytics and database modeling. It is industry-agnostic, delivering context-specific solutions to an enterprise’s data management challenges. The software is backed by decades of relevant TCS expertise in helping global enterprises in their transformation and regulatory compliance programs. TCS MasterCraft DataPlus has been deployed across multiple geographies and business verticals, and has provided value to enterprises of varying scale, with its data privacy and data quality management capabilities
The latest release, DataPlus 3.0 provides users a guided approach to building the required data privacy and data quality management processes, through ready-to-use process templates that are amenable to additional configuration. The new intuitive experience reduces the time taken to train and onboard new users as well as reliance on support teams. Through ML-based sensitive data discovery, DataPlus 3.0 intelligently learns to identify probable sensitive and personally identifiable data attributes, enabling privacy-safe data provisioning.
Vijayalakshmi Gopal, Business Head, TCS MasterCraft, said, “Traditional data management software have limited ability to cope with the explosion in scale and variety of data resulting from enterprises’ digital transformation initiatives. TCS MasterCraft DataPlus 3.0, our next generation data privacy and data quality management software, leverages machine learning to drive higher levels of automation and more effective data discovery. The new features make the software easier to learn and intuitive, enhancing the overall user experience.”
JioPhone Next in advanced trials, with festive-season rollout to commence before Diwali
Jio and Google announced today that they have made considerable progress towards launching the much-awaited JioPhone Next, the made-forIndia smartphone being jointly designed by the companies.
JioPhone Next is a first-of-its-kind device featuring an optimized operating system based on Android and Play Store. The device and the operating system will offer premium capabilities that have until now been associated with more powerful smartphones, including voice-first features that enable people to consume content and navigate the phone in their own language, deliver a great camera experience, and get the latest Android feature and security updates.
Both companies have begun testing JioPhone Next with a limited set of users for further refinement and are actively working to make it available more widely in time for the Diwali festive season. This additional time will also help mitigate the current industry-wide, global semiconductor shortages.
JioPhone Next is built with exciting features like the Google Assistant, automatic read-aloud and language translation for any on-screen text, a smart camera with India-centric filters and much more. The companies remain committed to their vision of opening up new possibilities for millions of Indians, especially those who will experience the internet for the very first time.
Mr. Abhay V. Udeshi elected as Vice Chairman of CHEMEXCIL
With great pleasure, we wish to inform you that Mr. Abhay V. Udeshi, Chairman & Whole-time Director of the Company has been elected as Vice Chairman of Basic Chemicals, Cosmetics & Dyes Export Promotion Council (CHEMEXCIL) for the year 2021-22 & 2022-23.
CHEMEXCIL is set up by the Ministry of Commerce & Industry Government of India in the year 1963 with the objective of promoting exports of Dyes and Dye Intermediates, Basic Inorganic & Organic Chemicals, including Agrochemicals, Cosmetics, Soaps, Toiletries & Essential Oils, Speciality Chemicals, Lubricants and Castor oil from India to various countries abroad.
Unveiling Infosys Equinox: Digital Commerce Platform Driving Human-Centric and Memorable Omnichannel Shopping Experiences
Infosys (NSE, BSE, NYSE: INFY), a global leader in nextgeneration digital services and consulting, today launched Infosys Equinox to help enterprises securely deliver hyper-segmented, personalized omnichannel commerce experiences for B2B and B2C buyers. The platform’s future-ready architecture offers unprecedented flexibility for enterprises to pick and choose outof-the-box microservices and pre-built experiences to build curated digital journeys that enhance their digital commerce or launch it grounds-up in a matter of weeks. Infosys Equinox also brings together best-of-breed service, product, platform and industry capabilities from Infosys, and its partners, in an integrated ecosystem. This delivers end-to-end commerce-as-a-service for enterprises to drive results, throughout the purchase lifecycle, that shoppers care about. Infosys Equinox is used by several leading global enterprises in retail, CPG, telecom, manufacturing, automotive and media, and helps drive $15B+ in annual eCommerce gross merchandise value.
Infosys Equinox helps businesses transform their digital commerce across marketing, merchandizing, ecommerce, store operations, supply chain and customer service through its four offerings: Infosys Equinox Microservices, Infosys Equinox Commerce, Infosys Equinox Experiences, and Infosys Equinox Marketing. It delivers:
Customer experience excellence Infosys Equinox facilitates closer consumer-brand interactions by enabling brands to deliver unique customer journeys that take advantage of emerging social, chat, voice, and augmented reality commerce channels. The platform blends digital experiences with physical ones to deliver more satisfying phygital and contactless shopping. Creating multi-sites adapted for multiple languages and currencies, with deeply localized features and real-time promotions is very convenient with the platform’s simplified business user tooling and workflows – requiring no changes to the application code or configuration.
Scale and flexibility to match shopper demands With its industry-leading cloud-native, microservices-based, API-first architecture, Infosys Equinox is the only digital commerce platform that brands will need to meet the evolving expectations of consumers. The platform offers a rich repository of mutually exclusive and collectively exhaustive microservices that can easily integrate with an existing or new platform to deliver headless commerce capabilities. These microservices enable various commerce models used by enterprises including B2B, B2C, B2B2C, D2C, C2M, online marketplaces and digital malls. With its superior technology architecture, this ‘any-cloud’ platform builds upon leading open-source technologies, and is designed for high performance, availability and security that is best-in-class.
Zydus Cadila receives tentative approval from USFDA for Brexpiprazole Tablets
Zydus Cadila has received tentative approval from the USFDA to market Brexpiprazole Tablets in the strength of 0.25 mg, 0.5 mg, 1 mg, 2 mg, 3 mg, and 4 mg. (US RLD: Rexulti Tablets). Brexpiprazole is an atypical antipsychotic indicated for use as an adjunctive therapy to antidepressants for the treatment of Major Depressive Disorder (MDD) and for treatment of schizophrenia. The drug will be manufactured at the group’s formulation manufacturing facility at the SEZ, Ahmedabad.
The group now has 321 approvals and has so far filed over 400 ANDAs since the commencement of the filing process in FY 2003-04.
BHEL further extends footprint in HVDC based Power Transmission with +800 kV, 6000 MW Raigarh-Pugalur UHVDC link
Bharat Heavy Electricals Limited (BHEL) has added another feather in its cap by playing a key role in the successful implementation of the +800 kV, 6,000 MW Ultra High Voltage Direct Current (UHVDC) Link between the Western Region Grid (Raigarh, Chattisgarh) and the Southern Region Grid (Pugalur, Tamil Nadu).
BHEL is proud to have been associated in building this prestigious project of national importance, which will bring relief to the power deficit Southern Grid. For this project, among other equipment and systems, BHEL has significantly contributed by supplying Converter Transformers, Shunt Reactors, Filter Bank Capacitors and Instrument Transformers from its Bhopal Plant and Thyristor Valves from its Electronics Division, Bengaluru.
These Thyristor Valves are used to convert AC Power generated at the IPPs at Raigarh into DC power for transmitting it over a HVDC transmission line of over 1800 kms and then converting it back into AC at the Pugalur end for interconnection with the Southern Grid. BHEL, in partnership with Hitachi-ABB Power Grids Limited, had secured this landmark order from Power Grid Corporation of India Limited in 2016.
Significantly, this is the second Ultra High Voltage Direct Current (UHVDC) Transmission Project by BHEL. Prior to this, BHEL had successfully executed, the first ofits kind in the world, Agra Converter Terminal for North-East Agra +800 kV, 6000 MW, Multi-Terminal HVDC link in September-2016 (Bipole-1) and September-2017 (Bipole-2).
BHEL has been associated with HVDC projects in India since their inception by establishing the first HVDC link in the country between Barsoor (Chhattisgarh) and Lower Sileru (Andhra Pradesh). Subsequently, BHEL has been involved in successful execution of several HVDC links like Rihand-Dadri, Chandrapur-Padghe and BalliaBhiwadi links. The company has established state-of-the-art manufacturing facilities for HVDC products up to 800 kV and undertakes turnkey projects from concept to commissioning as an EPC contractor for EHV Substations, HVDC Converter Stations and FACTS solutions backed by Power System Studies.
Hon’ble Union Minister of Heavy Industries inaugurates state-of-the-art Data Centre at BHEL, Bengaluru
Dr Mahendra Nath Pandey, Hon’ble Union Minister of Heavy Industries, inaugurated a modern, state-of-the-art Data Centre at BHEL’s Electronics Division, Bengaluru. Established to commemorate India’s celebration of ‘Azadi ka Amrit Mahotsav’ and as a step in BHEL’s Digital Transformation journey, the Data Centre at EDN encompasses the data centres of all the three Bengaluru-based units of BHEL, namely Solar Business Division (SBD), Industrial Systems Group (ISG), as well as Electronics Division (EDN).
The facilities at these three units have been brought together and co-located in one place leading to optimisation of IT infrastructure, better data security and reduction in operating cost. The connectivity to SBD and ISG, located about 12 kms. from EDN, is provided through high-speed multi-protocol label switching (MPLS) for increasing the speed and also to control the flow of network traffic.
Addressing the employees, the Hon’ble Minister said that the newly-inaugurated Data Centre will provide advanced solutions in today’s digital ecosystem. He also hailed the Remote Monitoring and Diagnostic System (RMDS) developed by BHEL, as a step towards realising the Hon’ble Prime Minister’s vision of providing quality power to all citizens. The system has the capability to predict problems in power plants which can aid in preventive maintenance. Speaking about the various contributions of BHEL, he said that the company is playing an integral role in the flagship programmes of the Government of India like the Make in India and Aatmanirbhar Bharat initiatives. The Hon’ble Minister added that he was happy to note the role played by Electronics Division in projects of national importance like the supply of space-grade batteries and solar panels for space programmes, supply of integrated platform management system for the first indigenous aircraft carrier (IAC) Vikrant and the development of traction systems for the country’s first AC-EMUs.