Archive: May 31, 2024

News

KL Deemed University to Host International Conference on Computational Mathematics

May 31, 2024 by Sujata Muguda 0 Comments #Computational Mathematics, #Department of Science and Technology, #Engineering Research BoardDr. G. Pardha Saradhi Varma, #Fluid Dynamics, #Graph Theory, #Host International Conference, #KL Deemed University, #New Delhi

New Delhi, May 2024: KL Deemed to be University is proud to announce the hosting of the 4th International Conference on Advanced Trends in Computational Engineering Mathematics (ICATCEM-2024), to be held at its Vijayawada campus from July 9th to 13th, 2024. Organized by the Department of Mathematics, this conference aims to encourage collaboration, exchange insights and research findings in Computational Engineering Mathematics among academicians, scientists, researchers, engineers, and industry professionals.

KL Image

Sponsored by the Department of Science and Technology – Science and Engineering Research Board (DST-SERB), New Delhi, the computational mathematics conference has received a support grant of ₹3 lakhs to ensure the quality conduct of the event. This conference aims to bring together academics, scientists, researchers, engineers, and industrialists to discuss applied mathematics. It will provide a platform for sharing experiences, research findings, and innovations in the field, advancing mathematical research and keeping participants updated on current trends.

Dr. G. Pardha Saradhi Varma, Vice Chancellor of KL Deemed to be University, remarked, “The ICATCEM-2024 conference aligns perfectly with our mission to promote innovation and excellence in higher education. We are dedicated to creating a global platform for knowledge exchange and advancing research in computational engineering mathematics. The discussions on contemporary topics will undoubtedly yield meaningful solutions and insights, benefiting all participants. I eagerly anticipate the collaborative exchanges and knowledge sharing that will address sector challenges and contribute to the betterment of society and the world, making this conference a significant and enriching experience for everyone involved”.

Participants will have the opportunity to present their current research findings, share innovative ideas, and engage in discussions that could shape future research directions. The conference will feature invited talks from renowned researchers at prestigious institutes, offering valuable insights into the latest trends and advancements in applied mathematics.

A wide range of topics will be covered, including Analysis, Optimization, Differential Equations, Dynamical Systems, Fuzzy Set Theory, Fluid Dynamics, Graph Theory, Mathematical Modelling, Variational Inequalities, Fixed Point Theory, Numerical Methods, Algorithms, Neural Networks, Image Processing, and Cryptography. Selected papers will undergo peer review and be published in Scopus and Web of Science indexed journals.

The Department of Mathematics at KL Deemed to be University, known for its highly qualified and motivated faculty, is dedicated to advancing both pure and applied mathematics. The department offers a diverse curriculum designed to meet the professional needs of students from various backgrounds, with a particular emphasis on data science and artificial intelligence applications. Dr. B.V. Appa Rao, Professor and Head of the Department of Mathematics, and Dr. Renuka Kolandasamy, Convenor, along with other faculty members and staff, will ensure the smooth conduct of the conference

Business

CII and ACCA join forces for strategic collaboration in India

May 31, 2024 by Sujata Muguda 0 Comments #ACCA, #ACCA join forces for strategic collaboration in India, #CII, #Lucia Real-Martin, #Memorandum of Understanding, #New Delhi, #The Confederation of Indian Industry, #Vikkas Mohan

New Delhi, 31 May 2024: The Confederation of Indian Industry (CII) and ACCA (the Association of Chartered Certified Accountants) are pleased to announce the signing of a Memorandum of Understanding (MoU) aimed at fostering mutual cooperation and promoting business growth in India. This strategic partnership leverages the strengths of both organisations to support their respective members and advance the business environment.

(Centre) Lucia Real-Martin, Executive Director – Relationships at ACCA and Vikkas Mohan, Principal Adviser at CII

The MoU, signed by Vikkas Mohan, Principal Adviser at CII and Lucia Real-Martin, Executive Director – Relationships at ACCA, establishes a framework for collaborative initiatives over the next three years. This partnership is a significant milestone for both organisations, enabling them to work together on various initiatives to benefit the business community.

Through this collaboration, CII and ACCA will organize joint events such as seminars, workshops and conferences on topics relevant to business and finance. They will also exchange knowledge and expertise to enhance understanding and skills within the industry. The partnership will also explore opportunities for joint research projects to provide valuable insights into business practices and trends, and facilitate networking and professional development opportunities for members of both organisations.

Vikkas Mohan, Principal Adviser, Confederation of Indian Industry stated: “CII works to create and sustain an environment conducive to the development of India, partnering Industry, Government and civil society, through advisory and consultative processes. The alliance with ACCA charts the way by working closely on policy issues, interfacing with thought leaders, and enhancing efficiency, competitiveness and business opportunities for industry through a range of specialized services and strategic linkages. We look forward to working closely with ACCA to further the initiatives of mutual interest.”

Lucia Real-Martin, Executive Director – Relationships at ACCA, stated: “ACCA’s purpose is to be a force for public good, and this MoU with CII is a testament to our commitment to supporting sustainable development in India. We are excited to closely collaborate with CII to promote business growth and foster a vibrant business environment.”

The strategic partnership between CII and ACCA is expected to significantly contribute to the Indian economy by positioning India as a preferred destination for global business services. The MoU reflects the growing importance of high-quality business and financial services for driving sustainable growth and ensuring informed decision-making.

Business

AiDash Rolls Out its First ESOP Buyback Plan for Employees

May 31, 2024 by Sujata Muguda 0 Comments #Abhishek Singh, #AiDash, #BENGALURU, #ESOP Buyback Plan for Employees, #ESOPs, #Rahul Saxena, #SaaS company

Bengaluru, May 31, 2024 – AiDash, an enterprise SaaS company making critical infrastructure industries climate resilient and sustainable with satellites and AI, announced the rollout of its first Employee Stock Ownership Plan (ESOP) buyback programme. The new buyback programme underscores AiDash’s commitment to shared wealth creation.

AiDash-Logo

The introduction of the company’s new buyback plan follows the recent closing of its successful, oversubscribed $58.5 million Series C funding round, which brought the total amount raised to $91.5 million. The new buyback plan covers existing full-time employees with an established tenure of more than three years, allowing them to cash in their vested shares to realize the value that has accrued over time.

“Our growth is a testimony of the hard work demonstrated by our team members,” said Cofounder and CEO Abhishek Singh. “We have always been an employee-centric company that believes in giving a strong sense of ownership.”

ESOPs have traditionally proven to be a very successful compensation tool and a way to attract and retain talent for top tech companies. With recent investments in AiDash, the company plans to continue to scale its products and services and grow by adding new talent to its current bench of all-stars around the world.

“Our employees are the driving force behind our success,” said Co-founder and CPTO Rahul Saxena. “This buyback underscores our commitment to rewarding our team and nurture a culture of growth within the organisation.”

Business

Arohan Financial Services’ standalone net profit rises 377.15% in Q4 FY 23-24

May 31, 2024 by Sujata Muguda 0 Comments #A leading NBFC MFI, #Arohan Financial Services, #Arohan operates in 16 states, #Award of Merits, #Gross Loan Portfolio, #Kolkata, #NPA Zero status, #Q4 FY 23-24

Kolkata, May 31 , 2024  – Arohan Financial Services, a leading NBFC MFI, reported a 377.15% rise in net profit to Rs. 103.16 crore in the quarter ended March 2024 as against Rs. 21.62 crore during the previous quarter ended March 2023, backed by a steady rise in business and earnings. The Company saw a 33% growth in its Gross Loan Portfolio, surpassing INR 7,112 Cr with a Net NPA Zero status, showcasing its resilience and strategic initiatives in a challenging economic landscape.

Arohan Financial Services recorded a 38.47% increase in sales, reaching Rs 435.56 crore in Q4 FY2024, up from Rs 314.56 crore in the corresponding quarter of the previous fiscal year. For the full year, net profit rose 343.75% to Rs 313.82 crore in the year ended March 2024 as against Rs 70.72 crore during the previous year ended March 2023. Sales rose 48.78% to Rs 1591.17 crore in the year ended March 2024 as against Rs 1069.45 crore during the previous year ended March 2023.

As of March 31, 2024, Arohan operates in 16 states, having expanded into Gujarat, Uttarakhand, and Haryana, and established a Zonal Office in Bengaluru, Karnataka, marking its entry into southern India. With 9,333 employees, the Company served over 2.4 million customers across 975 branches by the end of the fiscal year. Arohan’s remarkable achievements in FY 2024 garnered widespread recognition and acclaim, exemplified by a string of prestigious awards and accolades including an upgrade in credit rating to A (Stable Outlook), 3 prestigious “Award of Merits” at SKOCH 2023; Asset AAA IT/Cash management award; ISO 9001 recertification of our Internal Audit unit; ISO 27001 recertification of the IT Security network; Gold standard CPP certification by MFR, and Mr. Manoj Nambiar, our Managing Director, being back on the MFIN board, our SRO as the Vice Chair amongst many others. Notably, the organization’s attainment of the highest-ever score of 92 in the Great Place to Work® Trust Index© Employee Survey underscores its commitment to fostering a positive and empowering work culture. With this, the Company has achieved its position amongst the Top 25 BFSI, India 2024, amongst Top 50 Best Companies India across sectors, and has bagged the recognition of the coveted Best in the Microfinance Industry.

Business

Hitachi Vantara Expands Virtual Storage Platform One Portfolio to Include New Block Storage Appliance

May 31, 2024 by Sujata Muguda 0 Comments #Ashish Nadkarni, #Dynamic Carbon Reduction technology, #Enhanced data protection, #Hitachi, #Hitachi Thin Image Advanced, #Hitachi Vantara, #Infrastructure, #Ltd, #New Delhi, #Octavian Tanase GUI, #Portfolio, #TIA, #Virtual Storage Platform, #Worldwide Infrastructure Research

New Delhi, India. – May 31, 2024 – Hitachi Vantara, the data storage, infrastructure, and hybrid cloud management subsidiary of Hitachi, Ltd. ,announced the launch of its new block storage appliance as part of its Virtual Storage Platform One hybrid-cloud data platform. The new offerings include three dedicated models providing businesses with a common data plane across structured and unstructured data in block storage, specifically designed to remove complexity, enhance data protection, and reduce carbon emissions. Enhanced with features to transform the data storage experience, the block platform data foundation is tailored to meet storage needs of the mid-sized enterprise market segment by leveraging the resilience, reliability, and sustainability of Hitachi Virtual Storage Platform One.

Octavian Tanase, Chief product officer, Hitachi Vantara

The rise of AI and connected technologies has led to an exponential surge in data volumes, as businesses expect the amount of data they use to double between 2023 and 2025. As a result, businesses, especially mid-sized organizations, are being forced to rethink how to build and scale their data architectures. At the same time, the unprecedented amount of data growth has posed challenges for organizations looking to meet ambitious sustainability goals. According to a recent survey, 68% of IT decision makers indicated they were concerned with the impact AI/ML had on their organization’s energy use and carbon footprint, and 77% of respondents said that legacy data architectures negatively impacted their sustainability performance.

The new Virtual Storage Platform One Block storage appliance reflects the latest in advanced data infrastructure technology, including the ability to optimize rack space while also reducing power consumption and cooling costs. The platform’s ease-of-use, complemented by features such as self-installation capabilities, Ops Center Clear Sight for cloud-based management, and dynamic drive protection simplify day-to-day operations. Additional features include:

Intrinsic security and anti-ransomware: Hitachi Thin Image Advanced (TIA) snapshot software quickly creates copies for immediate use in decision support, software development, and modern data protection operations. It ensures the confidentiality, compliance, and protection of data against security threats and actively defends structured data against ransomware.

Enhanced data protection: The platform features always-available copies of production data for stronger data protection, while TIA also saves up to 90% of disk space by storing only the data blocks that have changed to maintain efficiency.

A more sustainable flash mid-range appliance: Facilitated by Dynamic Carbon Reduction technology, Virtual Storage Platform One Block reduces energy consumption by switching CPUs into eco-mode during periods of low activity. “Always on compression” allows the system to switch from inline data reduction to post processing which further reduces energy consumption and contributes to a lower CO2 footprint by as much as 30-40%.

Reduced complexity: Management tools, including an embedded graphical user interface (GUI) and the intuitive SaaS-based Ops Center Clear Sight portal make it easy to manage and consume the data you need.

“With the continued expansion of our Virtual Storage Platform One portfolio, we’re helping businesses to elevate their applications like never before,” said Octavian Tanase, chief product officer, Hitachi Vantara. “Our Virtual Storage Platform One Block appliance is powerful and dense, delivering the data processing and reliability that mid-sized businesses need while minimizing rack space and reducing power and cooling costs for a more sustainable data center environment. This new offering reaffirms our commitment to innovation and customer-centric solutions and sets a new standard for storage performance.”

Tailored for the mid-sized enterprise sector, Hitachi Vantara’s latest block storage appliance has distinct features that set it apart from competitors. Seamlessly integrated into the Virtual Storage Platform One management suite, the block platform’s storage arrays can be managed as one. Encompassing block, file, and object storage solutions, each offering delivers common data services, including third-party storage arrays through Hitachi Storage Virtualization Operating System (SVOS) software. Additionally, the platform’s 100% data availability guarantee assures uninterrupted data access for mission critical workloads.

“As the digital landscape continues to evolve, Hitachi Vantara’s integration of its new block storage platform into the robust architecture of the Hitachi Virtual Storage Platform One is a significant advancement for mid-sized enterprises,” said Ashish Nadkarni, group vice president and general manager, Worldwide Infrastructure Research, IDC. “This move demonstrates Hitachi’s commitment to providing scalable, reliable, and efficient solutions that address the complex needs of businesses navigating structured and unstructured data across hybrid cloud environments.”

Virtual Storage Platform One Block facilitates application consolidation with unparalleled flexibility. Starting as small as a single appliance, it seamlessly scales up to a 65-node cluster, accommodating evolving storage requirements effortlessly. This scalability empowers businesses to streamline their infrastructure, reduce complexity, and optimize resource utilization within a unified storage environment. The platform also embraces a hybrid cloud paradigm, enabling businesses to seamlessly run modern cloud-native applications alongside traditional block workloads, bridging the gap between on-premises infrastructure and the cloud.

Business

5 Leading Indian Cybersecurity Firms Protecting Your Digital World

May 31, 2024 by Sujata Muguda 0 Comments #5 Leading Indian Cybersecurity Firms, #Digital World, #Indian Cybersecurity Firms, #K7 Computing, #Lucideus, #Noventiq India

In an age where cyber threats are becoming increasingly sophisticated, the importance of robust cybersecurity measures cannot be overstated. Indian cybersecurity firms have risen to the challenge, offering state-of-the-art solutions to safeguard data and digital assets. Here are five leading Indian cybersecurity companies that are at the forefront of protecting your digital world.

1. Noventiq India

Noventiq India is renowned for its comprehensive portfolio offerings on cybersecurity solutions and services tailored to meet the needs of various industries and all kinds of organizations. They offer advanced threat intelligence, risk management, and compliance services. With a strong emphasis on innovation and customer-centric strategies, Noventiq India helps organizations stay ahead of cyber threats.

2. Lucideus:

Lucideus is a pioneering cybersecurity firm recognized for its expertise in cyber risk assessment and mitigation. Leveraging cutting-edge technologies such as AI and machine learning, Lucideus offers comprehensive cybersecurity solutions tailored to the unique needs of businesses across various sectors. Their innovative approach to cybersecurity, combined with a team of seasoned experts, ensures proactive threat management and resilience against cyber attacks.

3. K7 Computing

K7 Computing has been a pioneer in the cybersecurity space, offering advanced protection against malware, ransomware, and other cyber threats. Their products are designed to provide comprehensive security for individuals, small businesses, and enterprises, ensuring data integrity and privacy.

4. Sequretek

Sequretek specializes in providing integrated cybersecurity solutions that include endpoint security, identity governance, and managed detection and response services. Their innovative approach and use of artificial intelligence make them a standout player in the cybersecurity landscape.

5. Tata Communications

Tata Communications offers a wide range of cybersecurity services, including threat management, security intelligence, and vulnerability assessments. Their global presence and extensive experience in telecommunications give them a unique edge in delivering reliable and effective cybersecurity solutions.

As cyber threats continue to evolve, partnering with a reliable cybersecurity firm is essential to safeguard your digital assets. These five leading Indian cybersecurity companies—Noventiq India, Lucideus, K7 Computing, Sequretek, and Tata Communications—are dedicated to providing top-notch security solutions, ensuring your digital world remains protected. Whether you are an individual, a small business, or a large enterprise, these firms offer the expertise and tools needed to defend against the ever-changing landscape of cyber threats.

Business

Eaton’s Mobile Tech Day Showcases Cutting-Edge Solutions in Bangalore and other cities across Karnataka

May 30, 2024 by Mansi Praharaj 0 Comments #40-foot advanced trailer, #aerospace technologies, #Eaton, #Electrical, #Electrical Sector, #Fusegear, #India, #Intelligent power management company Eaton, #medium voltage switchgear, #Mobile Tech Day 2024, #Mobility, #Mobility Group, #Power Quality, #Shailendra Shukla, #software solutions, #Syed Sajjadh Ali, #Traction control, #Transmission, #voltage switchgear

Bangalore, INDIA – Intelligent power management company Eaton showcased its Mobile Tech Day 2024 in Karnataka earlier this month. The roadshow aimed to exhibit Eaton’s state-of-the-art solutions in electrical, mobility, and aerospace technologies that are set to revolutionize industries. The 40-foot advanced trailer traveled the length and breadth of India, connecting Eaton’s industry experts with customers face-to-face. The trailer was stationed across Hosur, Bangalore, and Hospet in Karnataka.

This exciting journey began in April 2023, with a grand flag-off ceremony in Haryana. This unique initiative has already made its mark—covering 13 states and extending its reach to over 77 cities.

Commenting on Eaton’s portfolio of Electrical solutions, Syed Sajjadh Ali, Managing Director, Electrical Sector, India, Eaton, said, “At Eaton, we recognize the enormous potential that India holds and are eager to explore opportunities to collaborate in the country’s infrastructure and commercial growth. As a leader in electrical products, systems, and services for power quality, distribution, control, and wiring, our electrical business offers technology-driven solutions that address the critical needs of diverse markets such as industrial, utility, commercial, residential, and information technology. This Mobile Tech Day campaign brings an exciting opportunity for Eaton to showcase our industry-leading technology solutions and product offerings to customers and end-users in the region.”

Commenting on Eaton‘s Mobility portfolio, Shailendra Shukla, Managing Director, Mobility Group, India, Eaton, said, “Eaton’s power management & eMobility solutions position us as an ideal partner for leading players and vehicle OEMs in India’s focused segments, enabling their growth and success. We are also the preferred choice for the aftermarket space, and we partner closely with our distributors, resellers, and users for our aftermarket products and solutions. Eaton‘s portfolio includes innovative products and alternative fuel solutions aimed at minimizing carbon footprint and creating a sustainable future. We take pride in the fact that we engineer to meet the specific needs of each segment with industry best practices. By doing so, we help our customers manage power more safely, reliably, and efficiently. Our eMobility business provides a robust portfolio of solutions by combining elements from our Mobility and Electrical businesses.”

The Tech Day highlighted Eaton’s innovative products spanning business sectors – Electrical, Mobility, and Aerospace. Within the exhibit, Eaton’s electrical division boasted diverse solutions tailored to meet individual customer needs. The electrical solutions included a comprehensive suite of medium voltage switchgear solutions. The products from Eaton’s electrical business, caters to a wide range of applications, offering both standardized and customized options to meet specific customer needs. The key solutions featured include medium voltage switchgear: Xiria, RVAC, Low voltage switchgear: ACB, MCB, MCCB, RCD, Fusegear: Bussmann range of HV/LV/EV fuses, Power Quality: 9PX and DXRT (1-ph online UPS), 93PR (3-ph UPS), EV Chargers: 22kW AC charger, and Software Solutions: Brightlayer.

In the mobility technology space, Eaton showcased Clutch Assemblies, Transmission: 9-speed and 4-speed (compatible with EVs), Traction control: MLD NoSpin Differential, and Air management: engine valves and valve actuation.

In Eaton’s aerospace solutions, the highlighted are complete aircraft electrical power solutions: circular and rectangular connectors, back-shells, signal and power contacts, fiber optic solutions, cable assemblies and conduits, power conversion, and hold down and release actuators.

News

Indian Telecom Stems Employee Churn as Attrition Rates Recede: TeamLease Data

May 30, 2024 by Mansi Praharaj 0 Comments #Indian telecom industry, #Kartik Narayan, #Subburathinam P, #TeamLease Data

Mumbai, 30th May 2024: The Indian telecom industry witnessed a slowdown in overall workforce growth, even as demand for entry-level customer-facing (Sales, Support and Service) and technology roles remained positive, according to the latest data from TeamLease Services (NSE: TEAMLEASE).

While the industry’s associate workforce expanded by an impressive 51.05% in FY21-22, this growth moderated to 31.41% in FY23-24. However, telecom companies continued to actively hire field sales executives, customer relationship executives, retail executives, installation engineers, fibre repair executives, and cell site repair staff during this period.

Kartik_Narayan

“Our data reveals a dichotomy in the telecom sector’s workforce trends,” said Kartik Narayan, CEO-Staffing of TeamLease Services. “While the overall employee growth rate tapered, we witnessed a demand for young talent in customer-facing and technology roles that support the industry’s field operations and network infrastructure.”

The findings highlight the telecom workforce’s young demographics, with 56.8% in the age group of 18-29 years. This youthful employee base aligns with the industry’s frontline service delivery and tech deployment requirements.

Notably, the sector’s attrition rate declined from a peak of 58.4% in FY22-23 to 43.4% in FY23-24, this can be partially attributed to the slowed growth in the workforce size. 

“While the slowdown in overall growth is notable, we are encouraged by improving attrition rates and sustained entry-level hiring traction,” said Subburathinam P, Chief Strategy Officer at TeamLease Services. “Our insights underscore telecom’s strong appeal among young job seekers and the industry’s efforts to attract this digital-savvy talent through competitive compensation.”

TeamLease’s data provides a comprehensive view into the evolving workforce dynamics of India’s telecom sector as it navigates a transitional phase marked by moderate growth but rising demand for specialized customer-facing roles and technology professionals.

Data Insights

  FY21-22 FY22-23 FY23-24
Associate Growth (YoY) 51.05% 44.79% 31.41%
Attrition Rate 50.8% 58.4% 43.4%
Average Salary (INR) 24,609 24,630 25,475

% of Associates in Age Group                                                18-25 yr 26-29 yr 30-35 yr 36-40 yr 40+ yr
28.3% 28.5% 27.5% 9% 6.8%

% of Associates by Education Qualification                                      10th 12th Graduate Post Graduate
5.7% 30.9% 61.7% 1.8%

% of Associates in Work Tenure Group                                     0-1 yr 1-2 yr 2-3 yr 3-4 yr 4+ yr
72.2% 15.7% 5.0% 2.5% 4.6%
News

Huawei EM2.0 Model: Pioneering the Digital Transformation Path for African Operators

May 30, 2024 by Mansi Praharaj 0 Comments #African Operator, #Benjamin Hou, #digital transformation, #Huawei EM2.0 Model

[Marrakech, Morocco, May 30, 2024] Africa Carrier Cloud Transformation Summit 2024 was held by Huawei during GITEX AFRICA 2024, covering the theme of ” Enable New Growth Beyond Connectivity.” Executives from regional governments, operators, industrial organizations and analysts had in-depth exchanges on the acceleration of their transformation using a digital cloud platform, moving beyond connectivity to create new growth avenues. At the summit, Huawei and African operators jointly announced the establishment of the “Africa Digital Intelligent Transformation Pioneer Club,” marking the beginning of a new era in digital transformation for Africa.

Benjamin Hou, President of Huawei Northern Africa Carrier Business, highlighted at the summit that digital transformation for operators has become a global trend. Africa is embracing a window of digital economy development, providing a historic opportunity for regional operators in transformation. EM 2.0 is more than a technology upgrade. It also exemplifies a profound change in mindsets and models. By optimizing digital infrastructure, building a digital cloud foundation, deploying digital O&M platforms, and enabling diverse digital services, promoting operators to transform from traditional network service providers to digital service providers, enable new growth beyond connectivity.

James Crawshaw, Head of Telecom Transformation at Omdia, emphasized in his keynote speech that cloud services are crucial for global operators undergoing digital transformation. Cloud services not only achieve significant cost reductions and business expansion but also drive business innovation, build ecosystems, and become a new engine for revenue growth.

Tariku Demissi, Chief Technology Officer of Ethio Telecom, stated that Ethio Telecom will continue to deepen its digital transformation around the “1 Cloud + 1 Network + 1 Entry + 2 Ecosystems” strategy. This involves creating a platform economy through comprehensive coverage of payment, social, entertainment, and live streaming services, while accelerating the evolution from B2B industry digitization to B2G national digitization. Ultimately, this will create new growth engines for Ethio Telecom.

Ying Li, President of Huawei Global Product Portfolio Marketing and Solutions Sales Department, stated that a strategic cloud partner for operators needs to deeply understand telecom data, networks, and applications. Huawei Cloud, the fastest-growing cloud service provider in Africa, has proven through successful partnerships with over 120 global operators, including Ethio Telecom, that Huawei is the best partner for operators transitioning to digital service providers.

News

Wacom launches Its First OLED pen display Wacom Movink

May 30, 2024 by Mansi Praharaj 0 Comments #Koji Yano, #OLED technology, #Wacom

Bengaluru , 30 May 2024 – Wacom, the leading innovator of digital pen and ink solutions, today announced the launch of Wacom Movink, its first OLED pen display designed and developed to meet the needs of creative professionals, digital artists and design students.

Movink JPEG

Wacom Movink is a radically new product category that combines the professional pen experience of the Wacom Pro Pen 3 with a brilliant 13.3” inch full HD OLED display in a super slim, ultra-light, highly versatile, portable device at a competitive price. Because it works with most operating systems, users have access to their full software suite without compromising on performance, precision and preferred operating system.

“Wacom Movink is a first of its kind OLED pen display, designed to open up new possibilities for creative users. It is a great, competitively priced upgrade for many existing setups,” says Koji Yano, Senior Vice President for the Branded Business Unit at Wacom. “Market Data shows that 1 in 3 digital creatives use more than one creative pen device. They are also increasingly looking for portable solutions that deliver the same experience as their studio or desktop solutions. With Wacom Movink we can offer them the perfect solution that takes them wherever they need to be without compromising on performance, precision or experience. This quality could only be achieved with the cutting-edge OLED technology developed and provided by Samsung Display.”

“Wacom leaps into the next generation of display technology with the launch of a ground-breaking new product category. Wacom Movink unites the art of drawing and inking with moving and portability by combining a professional pen experience with a brilliant 13.3” inch, full HD OLED display in a super slim, ultra-light, highly versatile, sturdy device without compromising on performance, precision and software preferences”, says Rajiv Malik, Director, Wacom India.

Weighing only 420g and measuring a mere 4mm at its thinnest point, Wacom Movink sets a new standard as the thinnest and lightest Wacom pen display to date and many all-in-one devices currently on the market. The robust Corning Gorilla Glass and durable magnesium alloy body make Wacom Movink is a sturdy device that easily fits into any bag. The 13.3″ Samsung OLED display delivers a Full HD resolution with 10-bit color, a contrast ratio of 100,000:1 and perfect black point thanks to the exceptional qualities of OLED technology.

Wacom Movink comes with a dedicated version of the Wacom Pro Pen 3* that offers impressive pen sensitivity and tilt detection for a wide range of artistic expressions, from powerful brushstrokes to delicate lines. Wacom Movink achieves the fastest response time along with increased pen detection height and no visible parallax. Wacom Movink is compatible with Windows, macOS, ChromeOS, and Android operating systems. Wacom Movink is also fully supported by Wacom Bridge, an innovative solution that radically improves working on supported remote desktop connections.