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Showing posts with label IT SECTORS. Show all posts
Showing posts with label IT SECTORS. Show all posts

Tuesday, 11 October 2016

NPTEL Website is Hacked

On 12 October,2016 NPTEL(National Programme on Technology Enhanced Learning) is hacked.

  

Monday, 19 January 2015

Tennis glorified by IBM

The tennis season kickstarts in January with the first grand slam of the year, Australian Open. People from around the globe are quiet enthusiastic about this event. Stars like Roger Federer, Novak Djokovic and Rafael Nadal are all geared up for the open.

To add cherry to this event, IBM has introduced a smart and innovative way to watch and enjoy the game, SLAMTRACKER. IBM uses real-time analytics tools to give players and spectators added insight during grand slam tournaments. A point-by-point summary is indicated after the conclusion of each and every point. Live commentary, exclusive interviews of players, highlights of the match and exotic points-all is included in SLAMTRACKER.

The SLAMTRACKER works on the much talked CLOUD TECHNOLOGY. The data received through match umpire’s scorecard is directly shown on this SLAMTRACKER using the cloud sources provided by IBM.


Not only Australian Open, but other tennis grand slams have shown keen interest in this latest technology. Alan Flack, IBM's Wimbledon client and programme executive, says: "The predictive analytics technology and the exciting match information available online and on mobile achieves



the additional global penetration for Wimbledon that the organizers want and it gets more young people interested in the sport."

The same technology is being used to gain an advantage in the business world, too. The technology collects data about every point, game, set and match, and the same tools are being used by businesses to gain additional insight into their industry, as well as their customers' preferences and habits. It is helping them retain and gain a competitive advantage.


In all, IBM by introducing SLAMTRACKER have enhanced the sports enthusiasts’ experience and we, at team MINIITWOLD salute and respect IBM for such innovations and hope to see more every time.

Tuesday, 28 October 2014

Infosys to provide software solutions to Philippines' bank



Infosys(Infosys LTD is an Indian multinational corporation that provides business csulting,information technology,software consulting,information technology,software engineering and outsourcing srevices) is providing banking solutions to Philippines-based Bank of Makati,infosy said.




Bank of Makati is built on more than 50 years of experience in community banking.since its founding in july 1956,it has helped countless fillipino savers and entrepreneurs achieve their their dreams.In October 2001,it gained stronger capablity with the coming in of new shareholders,a new management and bigger capitalization.Bank of Makati recently transtioned into a savings bank.Bank of Makati recently transformed into a saving bank.


Infosys sais in a statement that Bank of Makati has implemented Infosys Finale core banking solution to transform custmer experience and drive growth at reduced costs.It help BMI(Bank of Makati) to improve bsiness,housing loan products and also aggressively expand its customer base and loan volumes.It also help to acquire business from the large pool of motorcycle loan borrowers by issuing special ATM card.


The transformation from the old legacy system to the Infsys Finale Core Banking solution start in september 2013 and result seen at june 1,2014.


The transformation help to reduced clearing processing ,improves automation and operational efficiency in daily transactions.It also help in reducing processing time of record-keeping,end-of-day processing of transactions,clearing,settlement and reconciliation.

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Indian, Chinese firms lead tech billionaire list

Indian and Chinese technology business or other organization were leading the top 10 Asian technology billionaire list with $136 billion net assets.

China led with five businessmen with total assets worth $67.1 billion.India led with three businessmen with total assets worth $40.67 billion.
The eight entrepreneurs of china and india combine replaced Japanese and Koreans in bullish stock list.
By joining of Niraj Goel singapore Innovative League with india .India representation in the list is expected to grow in bullish stock list.
Niraj Goel is the youngest tech billionaaire at 45 and ranked sixth,Wipro(Wipro Infotech is a leading manufacturer of computer hardware and provider of IT services in India and thee middle East region) Azim Premji with net worth of$16 is on third and HCL's Shiv Nadar at seven with $11.7.
Japan
Masayoshi Son(Masayoshi Son is a Korean-japnese businessman and the founder and current chief excecutive officer of softbank ) is rated second in the list and Lee eighth.Masayoshi with net worth of $16.8 billion and lee kun Hee(Lee Kun-hee is a south Korean bussiness magnate and the chairman of samsung group) represented Samsung with $ 11.4 billion.
China
An E-Commerce company in china topping the list with a net worth of $20.8 billion.

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Monday, 27 October 2014

US tech firm fined for underpaying Indian workers

Eight Indian workers are underpaid by by a silicon valley company(Electronics for Imaging)

Labour regulators found eight workers brought form india are underpaid and
overworked by a silicon valley companey(Electronics for Imaging).In this issue company is payiny
more than $43,000 in backwages and penalties.
While assigning to the special project in silicon company
indian workers are worked approximately 122 hours in a week.
Means 17 hours approx. in a day without being paid overtime.
As result,they received only $1.21 per hour in a week.
Electronics for Imaging,Inc.(EFI) is an international company based in
Silicon valley says this matter is accidentally overlookedand
US laws require foreign workers to be paid least wage and with
overtime for more than 40 weekly hours on the job.The Workers are paid
same wages they normally received in their jobs in bangalore,delhi or noida
The workers were even paid in rupees while in the US.Michael Eastwood,
a department of labour assistant district director,said the abuses at
a silicon valley companey(Electronics for Imaging)were among the most outrageous he had ever seen
This incident serve as a remainder of economic divide between high-tech workforces
in the us and less-developed countries(india).While engineers and other technology are paid more than $100,000
salaries and lucrative stock incentives,workers handling other jobs for the same employer
often receive paltry pay if they are from India,china and Mexico.
Electronics for Imaging paying $43,000 in back wages to the Indian Workers and $3520 as a fine.

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Wednesday, 15 October 2014

Apple, Facebook to pay women employees for freezing their eggs

Apple and Facebook are reportedly offering to pay up to $20,000 for female employees to freeze their reproductive eggs, in a bid to hold on to their best workers.





Silicon valley firms Facebook and apple will pay female employees to freeze their reproductive eggs aiming to retain and encourage female talent.

Facebook and Apple will appear to be the first major employers to offer this coverage for non-medical reasons.

Apple covers costs under its fertility benefit and Facebook under its surrogacy benefit ,both up to $20,000.

Facebook is famous for giving new parents called baby cash in $20,000.

The option of freezing their eggs would give women to focus on moving up in their careers and flexibility to put their fertility on hold.

It is a very expensive procedure with a price tag of over $10,000 for every round, not every women can afford the option to freeze the eggs.

The report said that taking the step to boost their chances of having kids in the future is worth the uncertainty and with the improving techniques

and success rate there is no guarantee that medical procedure would lead to a

baby in future.

Brigitte Adams (founder of the patient forum ) said having a high-powered career and children is still a very hard things to do.

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