Mphasis, a leading IT services provider, and ToneTag, a sound based proximity communication provider, announced a strategic partnership to provide a range of digital banking solutions for the banking and retail industries. As part of the agreement, Mphasis will collaborate to build solutions and …
Tech Track
NEC and DMIC trust establish joint venture to provide logistics visualization services in India
NEC Corporation (NEC; TSE: 6701) and the DMIC Trust have established a joint venture company, DMICDC Logistics Data Services Limited, for providing logistics visualization services in India. NEC and DMIC Trust will each hold 50% of the joint venture’s total capital of approximately 8 million Indi…
Accenture launches Intelligent Automation Platform to improve business outcomes
Accenture announced the global rollout of an intelligent automation platform, Accenture myWizard, that enables smarter, more innovative and more efficient application services consisting of systems integration and application development and management. The platform combines Accenture’s industry …
Huawei Strives to Accelerate Digital Transformation and Jointly Build a Better Connected World
On April 11, Huawei convened its 13th Global Analyst Summit in Shenzhen, China. The event brought together over 500 analysts and business leaders from the telecom, Internet, finance, and other industries. Focusing on the theme of “Growing Together Through Digitalization and Building a Bette…
Global IT giants handhold MSMEs in Uttar Pradesh
Global IT majors including Facebook, Amazon and Microsoft are lending a helping hand to the beleaguered Micro, Small and Medium Enterprises (MSME) sector in Uttar Pradesh to sharpen their competitive edge. These marquee brands are offering their domain expertise to prepare the MSMEs compete at th…
TCS launches peer-to-peer mobile payment solution with DNB, a leading bank in Norway
Tata Consultancy Services (BSE: 532540, NSE: TCS), a leading IT services, consulting and business solutions organization announced the successful launch of Norway’s first peer-to-peer mobile payment solution with DNB, the largest financial services group in Norway. Dubbed “Vipps”, DNB’s peer-to-p…
Lenovo and Juniper networks announce global partnership
Juniper Networks (NYSE: JNPR) and Lenovo (HKSE:992), the industry leader in network innovation, today announced the commencement of a global strategic partnership to leverage synergies in their respective product and technology portfolios to build the next generation of converged, hyper-converge…
Hitachi announces Jack Domme to drive social innovation business and extend its lead in IoT
Hitachi Data Systems Corporation (HDS), a wholly owned subsidiary of Hitachi, Ltd. (TSE: 6501), today announced that Jack Domme will lead Hitachi’s Social Innovation business in the Americas reporting directly to Hitachi, Ltd. President and CEO, Toshiaki Higashihara. In this role, he will focus o…
Indian MSME finance market expected to touch INR 46 trillion by FY 2020 | Ken Research
Ken Research announced its latest publication on “India MSME Finance Market Outlook to 2020 – Driven by Government’s Financial Inclusion Agenda and Newfound Profitability in Segment” which provides a comprehensive analysis of the MSME Finance Market in India. The future analysis of overall MSME m…
Fintechs are likely to disrupt the market by aggregating financial services for MSMEs
Financial technology companies have gain mileage over the last 5 years. Globally, the investment in online MSME finance market has grown by about 45% y-o-y and many billion dollars has been ploughed into startups in the online MSME finance market space in FY’2015 alone. With the influx of investm…