Category: Tech

Technology Stories

Is IT buzzword ‘Supercloud’ worth the hype?

Shrikant Navelkar, Director, Clover Infotech Cloud computing has emerged as a leading IT service in response to the pandemic and the resulting lockdown. Since then, we have witnessed significant advancements in this technology. In addition to public and private cloud services, we have been introduced to hybrid cloud, multi-cloud, and the latest entrant, ‘SuperCloud’.” What is ‘Supercloud’? The Cornell University researchers have defined Supercloud as a cloud architecture that enables application migration as a service across different availability zones or cloud providers. It provides interfaces to allocate, migrate, and terminate resources such as virtual machines and storage, and presents a ... Read more

Aurionpro delivers another year of strong growth, driven by market expansion and accelerating adoption of next generation platforms

Aurionpro Solutions Limited (BSE: 532668) (NSE: AURIONPRO), announced its unaudited financial results for the quarter and year ending 31st March, 2023.The Company has posted strong YoY performance and these results demonstrate the strong growth momentum in the business.   Consolidated Financial Performance for Q4FY23 v/s Q4FY22 (Corresponding Year) ·         Revenue of Rs. 191 crore v/s. Rs. 137 crore [á 39%] ·         EBITDA of Rs. 40 crore v/s. Rs. 30 crore [á 33%] ·         PAT of Rs. 27 crore v/s. Rs. 22 crore [á 23%]   Consolidated Financial Performance for Q4FY23 v/s Q3FY23 (Corresponding Quarter) ·         Revenue of Rs. 191 crore v/s. Rs. 168 crore [á 13%] ·         EBITDA of Rs. 40 crore v/s. Rs. 37 crore [á 9%] ·         PAT of Rs. 27 crore v/s. Rs. 26 crore [á 2%]   Consolidated Financial Performance for FY23 v/s FY22 ·         Revenue of Rs. 659 crore v/s. Rs. 505 crore [á 31%] ... Read more

TE Connectivity launches its first start-up accelerator program in India

 TE Connectivity (TE), a world leader in connectivity and sensors, has collaborated with the Bangalore Chamber of Industry and Commerce (BCIC) Start-up Hub to launch its first accelerator program in India. The program is designed to promote and accelerate start-ups initially in the energy and electrification, smart cities and IoT domains, by providing them with mentorship support, access to resources and a global network.   The program was launched at a recent event conducted by TE and BCIC with the support of TiE Bangalore (Indus Ventures) on “Future of Mobility and Emerging Opportunities.” Attendees were addressed by Ralf Klädtke, vice president and chief technology officer at ... Read more

NetApp Delivers Simplicity and Savings to Block Storage with New All-Flash SAN Array and Introduces a Ransomware Recovery Guarantee

NetApp® (NASDAQ: NTAP), a global, cloud-led, data-centric software company, today announced several innovative products and programs including a new modern block storage offering and a guarantee highlighting NetApp’s best-in-class ability to recover from ransomware attacks.    This announcement addresses critical customer challenges including increasing IT complexity, restricted IT budgets, increased urgency around sustainability, and the continued exponential growth of cyberthreats. NetApp’s new ASA (All-Flash SAN Array) A-Series family simplifies the deployment of modern SAN infrastructure, while providing guaranteed availability and guaranteed efficiency with accompanying cost savings and leading sustainability. NetApp is also announcing a Ransomware Recovery Guarantee at a time ... Read more

Happiest Minds Technologies honored with STPI Exports & Excellence Awards 2021-22

Happiest Minds Technologies Limited (NSE: HAPPSTMNDS), a ‘Born Digital . Born Agile’, Mindful IT Company, today announced that it has been conferred with the Software Technology Parks of India (STPI) Exports & Excellence Special Jury Award Promising Debutant Indian Category. The award is presented in recognition of contributions made by the STP/IT units in exports, employment generation, innovation, and boosting the overall economy and prosperity of the State of Odisha. The award ceremony was organized by STPI, part of Transforming Odisha Conclave 2023, the Economic Times & co-hosted by the E & IT Department, Government of Odisha, on May 11, 2023, at Hotel Taj Vivanta, Bhubaneswar. STPI, an autonomous ... Read more

Fake ChatGPT Apps Scam Users Out of Thousands of Dollars, Sophos Reports

 Sophos, a global leader in innovating and delivering cybersecurity as a service, today announced that it had uncovered multiple apps masquerading as legitimate, ChatGPT-based chatbots to overcharge users and bring in thousands of dollars a month. As detailed in Sophos X-Ops’ latest report, “’FleeceGPT’ Mobile Apps Target AI-Curious to Rake in Cash,” these apps have popped up in both the Google Play and Apple App Store, and, because the free versions have near-zero functionality and constant ads, they coerce unsuspecting users into signing up for a subscription that can cost hundreds of dollars a year. “Scammers have and always will ... Read more