Free Trading + Demat + Mutual Fund + 0 AMC

Free Trading + Demat + Mutual Fund + 0 AMC
Click the image to open account

Wednesday 27 October 2021

Company Updates 27.10.21

Trigyn Awarded – New York Power Authority (NYPA) – Contingent Staffing Contract

We are pleased to inform you that the wholly owned subsidiary of the Company Trigyn Technologies, Inc., has been awarded a contract by the New York Power Authority (NYPA) to provide authority-wide contingent staffing. The award is for a period of five (5) years (October 20, 2021 to October 19, 2026).

The Power Authority is the largest state public power organization in the United States, operating 16 generating facilities and more than 1,400 circuit-miles of transmission lines. Its main administrative offices are in White Plains, NY. NYPA uses no tax money or state credit, financing its operations through the sale of bonds and revenues earned in large part through sales of electricity. 

Trigyn employees serve as contingent workers supporting many initiatives undertaken by authority-wide business units. NYPA aims to lead the transition to a carbon-free, economically vibrant New York through customer partnerships, innovative energy solutions, and the responsible supply of affordable, clean and reliable electricity. 

The award covers contingent workers supplied to departments or areas including Administrative and Project Coordination, Audit, Risk Management and Business Process Review, Engineering, Capital Project Management, Communications, Finance, Budget and Accounting, Human Resources, Knowledge Management, Strategic Supply Management or Procurement and other specialists. 

This award facilitates the continued expansion of Trigyn’s public sector business. 

Trigyn also holds a contract with the U.S. General Services Administration (GSA) - Information Technology Schedule 70 - General Purpose Commercial Information Technology Equipment, Software and Services (GS-35F-139A) SIN 132-51 (Information Technology Professional Services). This contract vehicle covers a broad range of Labor Categories and enables Trigyn to respond to U.S. Federal as well as State and Local Government opportunities. 

Wipro Partners with Micro Focus to Streamline Legacy Apps Migration to Cloud

Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading global information technology, consulting and business process services company, is partnering with Micro Focus to launch the Legacy Migration and Modernisation Lab collaborating with Amazon Web Services (AWS). This lab, hosted at Wipro’s AWS Launchpad in Parramatta, Australia, will allow companies in Australia and New Zealand (A/NZ) to experience hands-on demonstration of tools and accelerators that can help optimise mainframe application capabilities for the cloud. 

 The lab combines the strengths and technical expertise of Wipro, Micro Focus, and AWS to help customers become agile, reduce operational costs and mitigate application-modernisation risks to enable a cloud-ready IT ecosystem. These advanced capabilities will also help companies innovate faster and drive better business results. In addition, the lab will serve as a training ground for testing mainframe app-modernisation scenarios, allowing businesses to conduct training, and demonstrate proof of concepts in real-time.

"We are excited to collaborate with AWS and Micro Focus to launch this lab and enable our customers who continue to rely on legacy systems to drive core business functions, simplify, and modernise applications to the cloud. This lab will showcase our joint offerings to modernise the legacy ecosystem, help clients continually transform their expensive and monolithic platforms, and embrace the cloud as a strategic business advantage,” said Satish Wadhwa, Vice President, iDEAS, Wipro Limited

“Micro Focus and Wipro have a long history of delivering mainframe-modernisation projects in Australia and New Zealand. Our co-investment in a local mainframe modernisation lab builds on our relationship, and will help clients improve the time to value associated with their mainframe modernisation and transformation,” said Brent Butchard, Sales Director Micro Focus, A/NZ.

Wipro recently 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 a part of this, Wipro will expand its legacy migration and modernisation services to help companies transform their expensive and monolith legacy platforms to the cloud, and to modernise their application ecosystem to increase agility. Wipro has obtained the AWS Mainframe Migration Competency and is a preferred partner for Micro Focus.

Australia and New Zealand (A/NZ) is one of the 6 focus regions that comprise Wipro's APMEA (Asia Pacific-Middle East-Africa) Strategic Market Unit. Wipro has been present in A/NZ for over two decades, and works with customers across multiple industry sectors. In addition, Wipro has a presence in the region through its acquired entities – Ampion, an Australian founded company that provides local, deeply specialised and scalable solutions, and Designit, a strategic design firm specializing in transformative product-service experiences. Wipro has also been recognised as a Top Employer in Australia in 2021 (for the second consecutive year).

TCS Recognized as 2021 HPE GreenLake Ecosystem Partner of the Year

Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS), a leading global IT services, consulting, and business solutions organization, has won the 2021 Hewlett Packard Enterprise (HPE) GreenLake Ecosystem Partner of the Year Award. 

The 2021 HPE Partner of the Year Awards recognize HPE partners from across the ecosystem for their incredible commitment to customer excellence, continued strong performance, focus on growth, and dedication to mutual achievements. This award confirms TCS' ongoing commitment to providing the highest level of customer experience, as well as transformative and innovative IT solutions. 

TCS Enterprise Cloud coupled with the HPE GreenLake edge-to-cloud platform, enables a flexible, scalable, pay-as-you-grow foundation for infrastructure, virtual desktop infrastructure, advanced analytics for SAP S/4 HANA, and modern storage. Working together, TCS and HPE provide customers with solutions to accelerate their digital transformations, from edge to cloud, and help enterprises around the world tackle their toughest issues to achieve transformative business outcomes. Recently, TCS and HPE led an end-to-end cloud transformation for a global retailer, and helped a global aluminum producer drive its cloud-enabled business strategy. 

TCS’ Enterprise Cloud provides contextual, full-stack and secure cloud services, including strategy and assessment, foundation, migration, and modernization. Coupled with TCS' industry solutions, it empowers enterprises to innovate faster and achieve superior business outcomes. This enables agility, helps harness ecosystems, and drives synergy across all areas of the IT landscape to realize exponential value. Trusted by leading companies, TCS Enterprise Cloud supports mission critical workloads and provides access to industry solutions on SAP, TCS Optumera™, TCS BaNCS™, TCS Advanced Drug Development (ADD), and mainframe technologies. 

“We are delighted to win the HPE GreenLake Ecosystem Partner of the Year award. This recognition reflects our drive to deliver best in class customer experience through our contextual solutions, ability to drive transformation at scale and help customers realize their growth aspirations,” said Satishchandra Doreswamy, Global Head, TCS Enterprise Cloud.

“We are proud to recognize TCS as the 2021 HPE GreenLake Ecosystem Partner of the Year. For more than three decades, HPE and TCS have maintained a strategic alliance to bring organizations around the world the solutions and expertise to transform their business from edge to cloud. As we share the same drive to deliver excellent customer experience, I look forward to continuing this legacy of success in bringing our joint solutions to the market with the HPE GreenLake edge-to-cloud platform,” said George Hope, Worldwide Head of Partner Sales, HPE.

Cyient launches Global Management Consulting Practice 

With Cyient Consulting, the company will codesign bespoke, practical, performance-based business transformation solutions for enterprises across industries to enable sustainable growth 

Cyient, a global engineering, manufacturing, and digital technology solutions company, today announced the launch of its management consulting practice under the umbrella of Cyient Consulting. This marks Cyient’s first foray into this space. The global management consulting services market is expected to cross $1.2 Trillion by 2025. 

Commenting on the launch, Krishna Bodanapu, Managing Director and CEO, Cyient, said, “Our move towards consulting as an offering is an important step towards executing our S3 strategy roadmap. We have been engaged with clients across industries in solving their engineering problems. The Cyient Consulting practice will allow us to leverage our engineering domain expertise to solve business critical problems for our clients. I am confident that we can add immense value with the consulting practice that will engage clients transcending functions and businesses.” 

Nicola Kleynhans, Global Head of Cyient Consulting, says, “We are excited to help our customers create sustainable value for their stakeholders. We will leverage industry best practices and our proven methodology to deliver business transformation across areas of organization effectiveness, board and governance, asset optimization, and digital transformation." 

Cyient’s consulting practice will offer the following services:

  Organization Effectiveness – Support transformation for optimal effectiveness to deliver strategy and results for all stakeholders

  Board and Governance – Engage, develop, and adopt value-oriented governance models and frameworks to optimize their processes for an organization

  Asset Optimization – Accelerate operational and asset productivity and performance by improving strategies, capabilities, processes, and systems

  Digital Transformation – Design and implement digital solutions to optimize technology applications    

Aurionpro bags strategic deal in the USA for the license and development of Aurionpro Payment Framework Software

Aurionpro Fintech Inc., an Aurionpro subsidiary based in USA, announces an order win from one of the largest Payment Facilitators in USA which offers merchant payment services in insurance financing segment. The order is for the license of Aurionpro Payment Framework Software (“APF Software”) and allied services including customization & development services in relation to. The order is valued at US$ 1.3 Million (INR 10 crores appx.) and will be delivered in two phases by March 2022.

Mr. Raj Biyani, EVP-Head - North America, commenting on the order win said that “Aurionpro Payment Framework is a robust and advanced payment platform. We see multiple opportunities in this segment and this win is significant as it will enhance our credentials in the USA market and will establish APF as a strong platform