Tag: Artificial intelligence

Indxx Licenses Artificial Intelligence & Big Data Index to Global X Japan for an ETF

July 25, 2024 – Indxx, a provider of indexing solutions for exchange traded funds (ETFs), is pleased to announce the licensing of the Indxx Artificial Intelligence & Big Data Index to Global X Japan. The Index serves as the underlying benchmark for the Global X Artificial Intelligence & Technology ETF (Ticker: 223A), which started trading on the Tokyo Stock Exchange today.

The Indxx Artificial Intelligence & Big Data Index is designed to track the performance of companies that are positioned to benefit from the development and utilization of Artificial Intelligence (“AI”) technology in their products and services, as well as companies that produce hardware used in AI applied for Big Data analysis.

Rahul Sen Sharma, President and Co-CEO at Indxx said, “The advancements in Artificial Intelligence and Big Data have ushered in a new era of innovation and economic growth. The global AI market was valued at $196.63 billion in 2023 and is projected to reach $1,811.75 billion by 2030.1 On the other hand, the Big Data market is anticipated to reach $401.20 billion by 2028, with an estimated CAGR growth rate of 12.7% from 2023 to 2028.2 This rapid expansion is a testament to the immense potential within the AI & Big Data sectors. This marks the sixth product tracking the Index, with other funds having over $2 billion in assets tracking them cumulatively. The success of these funds reflects increasing investor confidence in these transformative technologies. We are excited to partner with Global X Japan to bring this innovative investment strategy to the Japanese market.”

Vaibhav Agarwal, Chief Product Officer at Indxx, added, “The Indxx Artificial Intelligence & Big Data Index employs a research-focused methodology to provide access to leading companies engaged in the development of AI & Big Data, along with the companies offering AI-related hardware, encompassing Artificial Intelligence Developers, Artificial Intelligence-as-a Service (“AIaaS”), Artificial Intelligence Hardware, and Quantum Computing. By partnering with Global X Japan, we are thrilled to allow a new cohort of investors to increase their exposure to global AI & Big Data leaders.”

As of July 25, 2024, the index has 84 constituents. The index has been backtested to January 31, 2014, and has a live calculation date of May 2, 2018. For additional information, please see here.

1. Grand View Research 2. MarketsandMarkets

About Indxx

Founded in 2005, Indxx aims to deliver innovative and custom indexing and calculation solutions to the investment management community at large.

Indxx and products tracking its indices have been nominated for and received numerous awards, including ‘Index Provider of the Year’ at the With Intelligence Mutual Fund & ETF Awards 2022 & 2023, ‘Best Index Provider – Emerging Markets ETFs’ at the ETF Express US Awards in October 2020, and ‘Most Innovative ETF Index Provider Americas’ at the 14th Annual Global ETF Awards in July 2018.

AI-Integrated HR Tech Firms Expanding Worldwide

The emergence of Artificial Intelligence (AI) with its human-like capabilities has led to a profound transformation across numerous industries. According to a BBC Research survey, AI has been growing at an impressive 20% annual rate over the past five years. By mimicking human intelligence through sophisticated software, AI is revolutionizing various sectors. However, it’s crucial to understand that AI is not set to replace core human-centric roles such as recruiting or essential aspects like empathy and human connection. The HR field thrives on personal interaction, making it resistant to full automation. Technologies like chatbots for automating routine tasks and cloud-based collaborative tools support HR functions effectively. Additionally, incentive programs enhance job satisfaction and overall productivity.

Fortune Business Insights reported that the global human resource technology market was valued at USD 22.90 billion in 2021. The market is projected to grow at a CAGR of 7.5% from 2022 to 2029, increasing from USD 23.98 billion to USD 39.90 billion. With rapidly evolving work patterns, HR teams and departments have had to adopt new strategies to meet employee and workforce expectations. A notable trend in HR technology is the emphasis on AI-driven recruitment solutions. These advanced systems use machine learning algorithms to analyze vast amounts of data, helping to identify the best candidates more efficiently and reducing biases in the hiring process. Furthermore, AI tools can enhance candidate engagement through personalized communication, streamline onboarding processes, and provide valuable insights into workforce analytics. The HR tech landscape is rapidly evolving, with AI at the forefront of this transformation. The integration of AI in recruitment, training, performance management, and workforce planning is revolutionizing HR functions. Companies leveraging these advanced technologies will be better positioned to attract, retain, and develop top talent, ultimately driving organizational success in a highly competitive global market.

We have narrowed down the list of 4 HR tech startup-

iXceed Solutions: iXceed Solutions is a leading Talent and Workforce Solutions service provider to Fortune 500 companies globally focussing on Technology, IT Consulting, Engineering Consulting domains. iXceed has been functioning as one of the leading end-to-end recruitment solutions Internationally(UK), now operational in the Indian market.

It uses an efficient and robust process to develop solutions in the recruitment space. The facilities are primarily tech-skill-based, and customer satisfaction is always based on the best fit for the industry. The company uses Artificial Intelligence-based recruitment solutions to create a best-in-class experience for both the clients and candidates. Some of their clients are- Infosys, HCL, Oracle, Mindtree, NIIT, etc. It is co-founded by Yogita Tulsian, who is also its Director.

  • Darwinbox:Darwinbox is a cloud-based HR solutions firm. An end-to-end HR platform, Darwinbox offers solutions for recruitment, core HR processes, employee engagement, performance management, employee movement, and others.The platform’s AI engine allows a recruiter to analyze a job description and employee profile picking up keywords to arrive at a certain ranking metric. So, if there are 400 applicants for a job, the system will shortlist about 10-15 applicants for the recruiter to talk to, which saves time, increases productivity, reduces costs, and results in better talent acquisition. The three-year-old firm serves over 100 clients, including Paytm, Ekart, Spencer’s, Delhivery, and others.They provide services in Indonesia, Malaysia, Thailand, Dubai, and many more.’
  • Freshworks:Freshworks makes it fast and easy for businesses to delight their customers and employees.Taking by a fresh approach to building and delivering software-as-a-service that’s affordable, quick to implement, and designed for the end-user. Unlike legacy software, Freshworks builds tech that works for everyone, making it easy for IT, customer service, sales, marketers and HR to do their job and delight their customers.They provide services in Australia, Germany and UK.
  • Keka: Founded in 2015 by Vijay Yalamanchilli, Keka has swiftly become India’s premier HR tech platform for small to medium-sized enterprises. With a team that has grown to over 550 professionals, Keka offers a complete solution, automating HR processes, and streamlining payroll, recruitment, leave management, and performance evaluation. Serving over 6500 customers globally, across sectors like IT services, pharmaceuticals, manufacturing, and more, Keka manages payroll for 1.5 million employees worldwide, leaving a significant mark on the HR tech landscape.

From E-commerce to Gaming: Seven Brands Utilizing AI Advancements

Artificial Intelligence (AI) has become an integral part of various industries, revolutionizing the way businesses operate. In India, several brands have embraced AI advancements and integrated them into their core strategies. From e-commerce to travel, lockscreen personalization to fashion, and entertainment to gaming, these brands are leveraging AI to enhance user experiences and drive innovation. We will explore the top seven brands in India that are using AI advancements to their core. Let’s dive in!

Amazon (AI for Enhanced E-Commerce) – As a global giant, Amazon is leading the way in integrating AI into its operations in India. Their AI systems optimize delivery routes, provide personalized search results, and offer product suggestions based on user behaviour. This not only improves operational efficiency but also enhances the customer experience, making online shopping convenient and tailored.

MakeMyTrip (Intelligent Travel Planning with AI) – MakeMyTrip has simplified travel planning by leveraging AI technology. Their AI algorithms analyse vast amounts of data, including travel trends, weather patterns, and user preferences, to forecast changes in airfare and hotel prices. Based on this analysis, MakeMyTrip suggests customized itineraries, allowing travellers to maximize the value of their trips and make well-informed decisions.

Glance (Lock Screen Personalization with AI) – Glance takes a unique approach to smartphone AI integration by personalizing and recommending content on the lock screen. Using AI, Glance recognizes user preferences and displays breaking news updates, sports scores, weather alerts, entertainment and business news right on the lockscreen. This innovative approach keeps users engaged and informed without the need to unlock their phones or download multiple apps, providing a seamless experience.

Myntra (Fashion Experience Tailored by AI) – Myntra, India’s top fashion e-commerce portal, utilizes AI to enhance the shopping experience. AI-powered virtual try-on tools and size recommendations help users find the perfect fit without visiting a physical store. Moreover, Myntra’s AI creates customized fashion feeds based on user behaviour and past purchases, speeding up and improving the online shopping process.

Instagram – Instagram uses AI to improve users’ entertainment experiences by providing personalized content. AI algorithms analyse user interactions and recommend posts, stories, and reels that match their interests. This AI-driven approach keeps users engaged and entertained, ensuring they discover content that resonates with them.

Nostra (AI led Gaming on Lock Screen): Nostra is at the forefront of AI-powered gaming experiences in India and Southeast Asia. They personalize and recommend games basis the users’ patterns and engagement level. Users can also create gaming content live through AI powered integration within Android games and share directly on their social channels sharing their achievements and learning with their community.

Zomato (AI for Enhanced Food Delivery) – Zomato, a leading food delivery platform in India, incorporates AI to enhance its services. AI algorithms analyse user preferences, order history, and restaurant data to provide personalized recommendations, making the food delivery experience more convenient and tailored. AI also helps optimize delivery routes, ensuring prompt and efficient deliveries.

Dubai becomes the world metropolis for artificial intelligence

June 17, 2024

Dubai, United Arab Emirates

Dubai is increasingly becoming a global center for artificial intelligence. To this end, the metropolis of the day after tomorrow on the Gulf has pledged to train one million people in AI prompting over the next three years with Dubai Future Foundation overseeing the AI prompt program.. It is the first program of its kind in the world.

“We want to be the most future-ready city and continue to prepare for the AI era by developing expertise and skills that support global technological change and put Dubai at the forefront of innovation,” said the Chairman of the Board of Trustees of the Dubai Future Foundation (DFF), Crown Prince Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, at the launch of the ‘One Million AI Prompters’ initiative in Dubai.

The United Arab Emirates, in which Dubai is the most important emirate alongside Abu Dhabi, is preparing for the post-oil era and wants to transform itself from an oil state into an AI power. By 2031, 40 percent of the gross domestic product is to be generated with artificial intelligence. To this end, the UAE is investing billions, has appointed the world’s first Minister of State for AI, is attracting scientists to the Gulf, and is providing massive support for start-ups.

AI prompt engineering is critical to getting the best out of generative AI. It involves understanding the capabilities, limitations, and nuances of AI models and is predicted to be one of the most important skills in the future workplace.

‘One Million AI Prompters’, the first-of-its-kind prompt engineering initiative, that prepares expertise and competencies in AI prompt engineering, which involves crafting precise and effective instructions for AI systems to achieve desired outcomes in various tasks, ranging from generating creative content to solving complex challenges.

“We want to show people that there is a full spectrum of use cases. Whether you are technical or non-technical, you can utilize these tools,” said Omar Al Olama, the UAE´s Minister of State for AI, Digital Economy, and Remote Work Applications. He also highlighted the importance of developing practical prompt engineering skills, as these are crucial for the workforce of tomorrow and for enhancing quality of life through AI. Al Olama was appointed as the world’s first AI Minister of State in the UAE in 2017.

World Championship in AI Prompt in Dubai

To launch the ‘One Million AI Prompters’ initiative, the first Global Prompt Engineering Championship was recently held in Dubai. Participants competed in categories beyond traditional coding, such as literature and art, highlighting the broad applicability of AI tools. In AI, a prompt refers to a specific request to a language model (e.g. ChatGPT or others) that can provide the user with an answer or solution.

The Global Prompt Engineering Championship received thousands of entries from around 100 countries. Thirty finalists from 13 countries qualified to come to Dubai to compete for the title of best prompt engineer in the competition’s three categories. The winners were Australian Megan Fowkes in the art category Indian Ajay Cyril, 33, for coding, and Aditya Nair, 34, in literature. The Dubai Centre for Artificial Intelligence (DCAI) provided one million dirhams, approximately 273,000 US dollars, in prize money for the three winners.

Global competition around the United Arab Emirates

The UAE is increasingly being courted as a strategic partner by global tech giants. Microsoft, Google, and IBM already took part in the first championship with workshops. However, other companies and countries have also expressed interest in AI collaborations. There has been an AI university in the UAE since 2019 and the sovereign wealth fund Mubadala has set up a $100 billion AI fund.

Microsoft recently invested $1.5 billion in G42, the leading UAE-based artificial intelligence (AI) technology holding company. The US software giant recognizes the Gulf state’s leading role in the development of artificial intelligence: “This strategic investment will enhance the UAE’s position as a global AI hub and provide further opportunities for partners and customers to innovate and grow”.

CODE-AI: An International Conference on Data Science & Exploration in Artificial Intelligence with MAHE Bengaluru

Bengaluru, 17 June 2024: Manipal Institute of Technology, a constituent institute of Manipal Academy of Higher Education (MAHE), Bengaluru, is proud to host CODE-AI, powered by CGI and in collaboration with Linnaeus University, Sweden, and SUPSI (University of Applied Sciences and Arts of Southern Switzerland) on the 3rd and 4th of July at their campus in Bengaluru.

At the event, experts will share insights on data science and AI, such as latest advancements and ethics, cutting edge research, and the future of AI and Data Science. CODE-AI will be an international conference on Data Science and Exploration in Artificial Intelligence which invites Data Science and Artificial Intelligence enthusiasts to explore the latest advancements and ethical considerations in these fields as well as cutting edge research insights and networking opportunities.

MAHE BGLR

Event also called for paper submissions on Data Science, Industrial Applications, IoT, Security, and Cloud Networking among others. From the 734 papers submitted, 203 papers have been accepted that will be presented on the day of event.

Ashok Chatur Vedula, Senior Vice President and Business Unit Leader, CGI, Bengaluru will be present as the Chief Guest along with Prof. Dr. Francesco Flammini, Professor of Trustworthy Autonomous Systems, Head of Bachelor in Data Science and AI University of Applied Sciences and Arts of Southern Switzerland (SUPSI), Switzerland and Dr. Sandip Chakraborty, Associate Professor, Dept. of CSE, IIT, Kharagpur as the Guests of Honor.

Prof. Dr. Francesco Flammini, Professor of Trustworthy Autonomous Systems, Head of Bachelor in Data Science and AI, University of Applied Sciences and Art of South Switzerland (SUPSI), Switzerland, Dr. Kamal Das, IBM Research, Bengaluru, India and Dr. Sandip Chakraborty, Associate Professor, Dept. of Computer Science and Engineering, IIT, Kharagpur will be present as keynote and plenary speakers.

Participants will be felicitated with Best Paper Award, Best Paper Award in the Category of SDG, Best Student Paper Award, Women in Engineering (WiE) and Best Presenter Award.

Swecha to Develop TELUGU LLM Corpus & Culture Portal with Engineering Students’ Talent

Hyderabad, 20th May 2024: Swecha, a non-profit organization dedicated to promoting Free Software and Free Knowledge movements; announced a massive internship program on Artificial Intelligence (AI), the ‘SUMMER OF AI’, for over a lakh Engineering students this summer, to equip and make them job ready with AI skills, while aiding Swecha to develop Telugu language centric LLM. This initiative is being undertaken by Swecha, in collaboration with the IIIT Hyderabad; Ozonetel, a leading provider of cloud communication solutions; Meta and TASK. Guests Chaitanya Chokkareddy, CTO, OZONETEL Communications Pvt Ltd.; Y Kiran Chandra, Founder, Swecha; & Praveen Chandra, Secretary, Swecha; briefed media about this project at a press conference, at Swecha, today.

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This initiative is significant, considering that Indian language and India-centric LLM (Large Language Models) are virtually non-existent. India, with its rich culture and a population that constitutes one-sixth of the world, would greatly benefit from having its own LLMs. Most Indian languages are considered low-resource languages, making it challenging to develop LLMs for them. A significant amount of foundational knowledge needs to be compiled and digitized to create the necessary digital data for these languages.

Today, AI is transforming the knowledge landscape by introducing new job functions such as dataset compilation, data cleaning, data labelling, and managing datasets. These roles are essential for building and refining basic models, ensuring the accuracy and effectiveness of AI Applications.

Swecha aims to capitalize on the vast talent pool of engineering students graduating in India and ready to enter the industry, by training them in AI. This presents an opportunity to create a large pool of trained AI engineers, extending well beyond the small group of researchers and developers specialized in deep models.

This project, SUMMER OF AI, attempts to combine the two objectives. A very large scale internship program for first and second year engineering students, trained in basics of AI and then be engaged in very large scale data collection thru interviews. The Project aims to interview people in the villages and towns, collect information and knowledge on various folks, local skills and information, which includes the Telugu folk tales, songs, food, local-places-history and more.

The approach of the project is to collect speech, transcribe the speech and create a dataset for both speech and as a base LLM. In addition to this, the team is also working with few large libraries and Telugu academy to also ingest a lot of books. This process will be done through 100k interns month long internships. we started the first batch with 10k interns. Tools are being built to help with the data collection (at this scale). And at the end of the collection, backend tools needed to create the dataset and also to publish the information on a Teluguwiki like portal. On successful completion of this project, similar approach will be adopted to collect data for other languages and regions also.

India’s largest conference on Artificial Intelligence and Machine Learning, AI Days 2024

Hyderabad, March 18th, 2024: More than 2,000 IT professionals, researchers, startups and students will be taking part in AI Days 2024 conference. With a stellar line-up of 70+ speakers from across the globe, this conference paves the way for Hyderabad to become the AI Capital. Swecha, along with multiple partners, is organising this conference with the motto of ‘AI4Society’.

AI CONFERENCE
Praveen, Professor IIT: Praveen Chandra, Swecha, Secretary; Nagendranath, Advisor, Salamander; Y Kiran Chandra, Founder, Swecha; Chaitanya, Founder CTO, Ozonetel & Pratap Reddy, Professor, Emeritus, Former R & D, Chairman, JNTUH, President, Swecha; releasing the brochure of India’s largest conference on AI & ML, ‘AI Days 2024’; being hosted by Swecha Telangana at a press conference, today at Swecha Telangana, Gachibowli.

AI Days brings together experts from various fields – Information Technology, Healthcare, AgriTech, FinTech, Semi-Conductors, EduTech and various startups – to discuss the way forward in building AI for the betterment of the society. Speakers from companies including Google, Facebook (Meta), Microsoft, Qualcomm, Micron, Ozonetel, Tech Vedika, DigiQuanta, Arka MediaWorks among others will be involved in these discussions. In addition, the conference will see deliberations on governance and policy aspects of AI. JNTU Hyderabad will be the venue for this conference.

At the conference, a Telugu AI Voice Assistant will be launched. This AI assistant will enable farmers, frontline healthcare workers, sanitation workers and others to access the wonders of artificial intelligence. This project enables them to interact with AI using their own voice in their mother tongue.

Another project that will be launched during the conference is a high-performance distributed supercomputer. This project connects tens of thousands of computers across Telangana and transforms them into a combined supercomputer, to run intensive AI/ML applications. Typically, for running an AI application, it costs thousands of dollars per day. Our innovative solution uses unused / spare capacity of computers to run these applications at a fraction of the cost. This is a first of its kind effort across the globe.

Chaitanya, Founder CTO, Ozonetel; speaking on the occasion said, AI is a generational change, IT brought loads of jobs and changed the world, similarly AI is going to positively impact the world. We wanted to initiate something in AI and in the process-initiated AI for Chandamama kathalu in Telugu and executed and shared it in open source. Now we want to show a path to initiate on similar lines for all Indian languages. To make that happens we want to host a conference where we can invite all these people and showcase the process. We want to make Hyderabad the capital of AI, because Hyderabad has IT companies, Start-ups, Research Institutes including Central Research Institutes, educational institutions, defense organizations, it’s the healthcare capital, no city has so many domains concentrated in one place. We want to support Indian languages through this and explore the process of open-source model.

Y Kiran Chandra, Founder, Swecha; any new technology takes years to be accessible to common man, the earlier it is accessible to the people the greater the beneficial outcomes which help in the evolution of mankind. There is an opinion that AI will take away jobs, but we need to look upon it as a tool to address the various challenges the society faces in its progress. One may have creative thoughts but may not have the ability to express it, that’s where AI can aid us. Chandamama kathalu was our first initiative to bring AI within the access of common man and to make it an integrated part of our daily life. In this direction we are working to make the machines to work on various things using AI. Hyderabad has the ecosystem to make it the capital of AI. The conference on AI we intend to host in Hyderabad will have 2200 delegates, besides world renowned experts on AI like Raj Reddy and Dr VS Ramachandram, will address it. AI can remove the language barriers whichever world language one converses in; we would be in a position to comprehend. It can help in the healthcare treatment too and in many other challenges.

The eminent speakers at the Conference include Padma Bhushan Dr VS Ramachandran, listed in the TIME Magazine’s 100 Most Influential People in the world; Prof Gaurav Raina, Former Chairman, Mobile Payments Forum of India; Dr Ashish Tendulkar, AI/ML Leader at Google; Chaitanya, Founder CTO, Ozonetel; Nag Malladi, VP, Tech Mahindra; Y Kiran Chandra, Founder, Swecha; Nagi V, Sr Advisor, Salamander; Sunil Abraham, Director, Facebook India; Sai S, Founder CEO, Tech Vedika; Shobhu Yarlagadda, Founder, Arka Mediaworks and Producer of Baahubali series; among others.

Artificial Intelligence Takes the Spotlight at TiEcon Delhi 2024

New Delhi, March 12, 2024 – TiEcon Delhi 2024 flagship startup event by TiE Delhi-NCR was a roaring success, demonstrating the power of resilience and innovation in the startup ecosystem with the theme ‘The New Bharat: Confident | Bold | Inclusion’. The conference witnessed the celebration of entrepreneurial spirit, exclusive business networking opportunities, and the recognition of outstanding achievements through various awards.

Artificial Intelligence Takes the Spotlight at TiEcon Delhi 2024

The inaugural session commenced with a keynote address by Shri Sivasubramanian Ramann, Chairman of SIDBI. He said “The Fund of Funds for Start-ups (FFS) committed Rs 9,500 crore for the promotion of new ventures in the country. The commitment of Rs 9,500 crore has led to over 100 AIFs raising Rs 56,000 crore more. In line with the Start-up India Action Plan, the FFS aims to support development and growth of innovation-driven enterprises, including facilitating the funding needs for start- ups through participation in the capital of SEBI-registered Alternative Investment Funds.” Acknowledging the need to recognize and measure women’s contributions to the economy, he further added, “The participation rate for women in states has been constantly dropping and to look for rapid growth there is a need for women to be far more active players outside the home.”

Speaking at TiEcon Delhi 2024, the esteemed Chief Guest at the event S Krishnan, Secretary of the Ministry of Electronics, and Information Technology (MeitY), highlighted the government’s commitment to fostering innovation and entrepreneurship. He said “The government’s target is that artificial intelligence graphics processing units (GPUs) under the government’s Rs 10,372 crore AI Mission will be available in the next 18-24 months. Aligned with the broader vision of the India AI Mission, these initiatives aim to bolster India’s global leadership, foster technological self-reliance, ensure ethical and responsible AI deployment, and democratize the benefits of AI across all strata of society.”

The TiEcon Delhi 2024 event, also announced its support for the– ‘Startup Mahakumbh’, the groundbreaking new initiative by Government of India scheduled to kick-off on March 18 th , 2024. It is a first-of-its-kind gathering, bringing together the key players in the startup ecosystem – from incubators and investors to accelerators.

In support of the Startup Mahakumbh initiative, Rajan Anandan, MD, PeakXV & Surge said “The Startup Mahakumbh is being brought together by the entire Indian ecosystem of startups, investors, incubators, accelerators, and industry experts across sectors. Several industry associations, such as TiE Delhi-NCR, ASSOCHAM and NASSCOM have all joined hands to put together the ‘Startup Mahakumbh’. With the aim of providing exposure to the upcoming startups, allowing them a platform to showcase their innovation.”

Vishal Dhupar, MD Asia South, NVIDIA further added to the vision of New Bharat. He said, “Let’s build the Intelligence in India and Export it. It will transform India from the Back Office of the world to ‘the Office’ of the World. India is a country of software engineers, and it is the time now for the country to start building its own AI models. The global data center industry is around USD 4 trillion which is going to double, and India has close to about 1-2 percent of the total global capacity. And we are going to take this whole world’s software into accelerated computing.”

TiEcon Delhi 2024 served as a platform for brands to share their insights with the larger ecosystem. Suchas the Report by Havas Media Network India in partnership with Klug titled ‘Echoes from Social Media Influencers: In shaping the cultural narratives in Tier 2 & 3 cities in India’. The report delves into the pivotal role of regional content creators in driving local language content, transcending mere translation to foster deep resonance and impactful communication beyond metropolitan areas. As digital media penetrates every corner of India, granting content access to all, the regional influencer economy is firmly taking root in the deeper sections of the country. With a focus on tier 2 and 3 cities, the report offers comprehensive insights into how these influencers shape cultural narratives, amplifying voices and influencing consumer behavior and preferences. Understanding these dynamics is essential for brands and marketers seeking to effectively engage with diverse audiences across India.

TiEcon Delhi 2024 also recognized the power of resilience and innovation in the startup ecosystem with three award categories. TiE Delhi-NCR & Power2SME celebrated the 10 th Season of the Spirit of Manufacturing Awards, honouring startups in the manufacturing domain for their remarkable achievements and innovations. The 16 th edition of the TiE-Lumis Entrepreneurial Excellence Awards, recognized startups who have demonstrated resilience. In addition to these, the conference marked the inaugural edition of the Startup CFO Awards in collaboration with Binary Semantics Ltd.

TiEcon Delhi 2024 was supported by acclaimed business and industry partners such as Startup India, Maruti Suzuki Innovation, Havas India, SAP, AWS, PeakXV, Microsoft, STPI, NETAPP Excellerator, and many more, reflecting the collaborative spirit driving India’s startup ecosystem forward.

NetApp Fights Ransomware in Real-Time with Built-In Artificial Intelligence on Enterprise Storage and Enhanced Cyber-Resiliency Solutions

SINGAPORE – 7 March 2024 – NetApp® , the intelligent data infrastructure company, today announced cyber-resiliency capabilities that will equip customers to better protect and recover their data in the face of ransomware threats. NetApp is one of the first to integrate artificial intelligence (AI) and machine learning (ML) directly into enterprise primary storage to fight ransomware in real-time. The NetApp cyber-resiliency capabilities protect both primary and secondary data for organizations whether it is stored on-premises or in the cloud.

Cybercriminals are increasingly aiming ransomware attacks at critical infrastructure and supply chains where operational disruptions can cost millions of dollars, according to Forrester. As a result, 87 percent of C-suite and board-level executives ranked ransomware as a high, or the top, priority for their organization, according to the NetApp 2023 Data Complexity report. When cybercriminals breach perimeters, networks, and identities storage becomes the last line of defense for organizations’ most critical data. With the threat of ransomware looming, organizations need solutions that not only protect their data but also quickly recover lost data and return to normal operations. NetApp is updating its cyber-resiliency solutions and leveraging the power of AI to give customers confidence that their data will be safe and accessible when they need it.

“NetApp is taking an aggressive and proactive approach to protecting our customers’ data against cyber threats using artificial intelligence. We are the first storage vendor to explicitly and financially guarantee our data storage offerings against ransomware,” said Mignona Cote, CSO at NetApp. “Today, we are furthering that leadership with updates that make defending data comprehensive, continuous, and simple for our customers.”

NetApp is focused on designing data storage and management systems that maximize data protection and security while meeting data governance and compliance standards, with new updates that include:

ONTAP Autonomous Ransomware Protection with Artificial Intelligence (ARP/AI) will spearhead the next generation of real-time enterprise storage ransomware protection, giving increased accuracy and performance required to detect and mitigate new, more sophisticated cyber threats. NetApp pioneered autonomous real-time detection of ransomware directly in primary enterprise storage three years ago. Now, NetApp will be leading the charge to use adaptive AI/ML models built directly into enterprise primary storage to look at file-level signals in real-time to detect even the newest ransomware attacks with planned 99%+ precision and recall. NetApp will be offering the first technology preview of ARP/AI within the next quarter.

 NetApp BlueXP Ransomware Protection, now in public preview, provides a single control plane to intelligently coordinate and execute an end-to-end, workload-centric ransomware defense. Customers can now identify and protect critical workload data with a single click, accurately and automatically detect and respond to a potential attack, and recover workloads within minutes, safeguarding their valuable data and minimizing costly disruption.
Application-Aware Ransomware Protection via NetApp SnapCenter 5.0 offers immutable ransomware protection for applications. SnapCenter will now apply NetApp’s leading ransomware protection technologies, previously used with unstructured data, to application-consistent backup. SnapCenter 5.0 includes support for key ONTAP features like tamperproof Snapshot copy locking, SnapLock protected volumes, and SnapMirror Business Continuity to enable more robust data protection for applications and virtual machines. SnapCenter 5.0 supports protection of applications on-premises with NetApp AFF, ASA, and FAS, as well as in the cloud.

 NetApp BlueXP Disaster Recovery, now generally available, offers seamless integration with VMware infrastructure and provides storage options for both on-premises and major public cloud environments. This comprehensive solution eliminates the need for separate standby disaster recovery (DR) infrastructure, reducing costs. With NetApp BlueXP disaster recovery, failover and failback processes are simplified, allowing smooth transitions from on-premises VMware infrastructure to the public cloud or to an on-premises data center.

 NetApp Keystone Ransomware Recovery Guarantee extends NetApp’s current Ransomware Recovery Guarantee to our leading storage-as-a-service offering, NetApp Keystone. With this guarantee, NetApp will warrant snapshot data recovery in the event of a ransomware attack. If snapshot data copies can’t be recovered through NetApp, we will offer compensation*.

 “In today’s highly distributed IT environment, organizations in Asia Pacific must look beyond the traditional perimeter to strengthen their cyber resilience and disaster recovery capabilities,” said You Qinghong, Solutions Engineering Lead, Greater China, ASEAN and South Korea, NetApp. “NetApp’s data-centric, inside-out approach to cyber resilience embeds AI-driven protection directly into the storage infrastructure, providing defense at its most critical point – where the data resides, in owned data centers or anywhere in the cloud.”

“Today’s cybersecurity teams face the monumental task of protecting their companies’ data from ever-evolving threats, especially ransomware,” said Archana Venkatraman, Research Director, Cloud Data Management, IDC. “NetApp’s approach of delivering a secure, unified storage infrastructure makes storage foundational for ransomware protection and reduces the burden on cybersecurity teams. Companies looking to fortify their cyber resiliency and shifting protection left will increasingly look to vendors that take a secure-by-design approach and develop unified storage and data services.”

“Using NetApp in our Advanced Technology Center, we significantly simplified our replication process for VMware virtual machines and their underlying datastores to meet or exceed recovery benchmarks,” said Derek Elbert, Solutions Architect at WWT. “With NetApp’s solutions, we successfully established the recovery policies for cloud volumes workloads or virtual machines with no existing DR strategy, managing everything through NetApp BlueXP. This transforms how we operate disaster recovery for VMware.”

“To store sensitive genomics and health data, we have to use the right technology with layers of security built in,” said Mark Cowley, Deputy Director at Children’s Cancer Institute. “With NetApp, we can be very confident that we are sharing the right data only to authorized researchers. The last line of defense is your weakest web-based system, so we’ve implemented role-based access and added resilience to all of our tools.”

The latest cyber resiliency updates from NetApp empower organizations to proactively address cybersecurity threats in complex hybrid and multicloud environments, leveraging AI to identify threats and prevent disruptions to their operations.

Two years management in IT at XISS Ranchi – Value for money for students and recruiters ?

With the phenomenal digital transformation happening in every sphere of work in organisations, specially with the changing scenario of Covid19 pandemic, technology is undoubtedly the ‘game changer’ for business – big or small.

Cloud platforms, data science and IT services, are changing the way business is being done. Organisations and institutions which could adopt technology faster are seen to be performing better. The influence can be felt across domains – BFSI, retail & ecommerce, manufacturing, health care and several other services.

Organisations today are looking for professionals and managers who are ‘future ready’ with knowledge and skills in IT / Tech and Data Science, who can add value to their job roles.

While there has been a surge in similar courses being offered by many B Schools including the IIMs, most covered primarily the Data Science or Data Analytics or Big data. This MBA programme covers IT management and Data Analytics including Artificial Intelligence (AL) Machine Learning (ML), deep learning and related tools, techniques and algorithms

“XISS Ranchi aims to create managers, who will be fully equipped to manage the new paradigm of ‘tech & data’ combination to drive decision-making. Students will have exposure to statistical theory, data management including big data, and business intelligence systems. It was designed with a holistic approach – one which helps students with imparting managerial knowledge and training as per business requirements” said Dr. Joseph Marianus Kujur, SJ Director, XISS.

The PGDM IT programme at XISS Ranchi, which is AICTE approved, is tailored as per globally benchmarked curriculum and validated by a board of studies comprising eminent practitioners from India and abroad.
How does the IT Program by XISS PGDM offer an edge ?
PGDM IT Syllabus cover entire IT Curriculum as per Industry.
Topic covered

  • Data Structure, Database Management System and others
  • Cloud Computing Data Warehouse Data Mining Object Oriented Programming
  • Big Data Analytics, Business Analytics,  Artificial Intelligence (AI), Machine Learning (ML), Python, R, Hadoop and others.

“Students are given adequate exposures in structuring the often unstructured business problems and providing solutions to complex organizational problems. The main thrust is to imbibe a sense of strategic vision towards management problems”, says Prof. (Dr.) Mahua Banerjee, HOP-IT.