Category — Information Technology

SAP Labs India Gains in Strategic Importance

SAP Labs India, SAP’s largest research and development center outside its headquarters in Germany, is steadily growing in strategic importance, says Stefan Ries, chief human resources officer of the company.

In an interview with the Economic Times, Ries said, ” The India center is gaining in strategic importance for us: the Fashion Management solution, which is used by Armani and Gucci, has been built entirely out of here. Our India footprint is steadily growing, adding 800-1,000 people to the overall headcount annually.

We recently inaugurated a new addition to our Whitefield, [Bangalore] campus — the Gerhard Oswald Innovation Space — built with an investment of €50 million [$57.52 million]. We will continue to make strong investments in our India center.”
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SAP India recently improved its learning and development process with its SAP Success Factor program where learning is a one-stop digital experience with 1.3 million opportunities available in the system. Employees can register their learning need and find solutions. The company will invest €160 million [$184 million] in learning this year, adds Ries.

July 20, 2017   No Comments

India Has Highest Number of Facebook Users

As of July 13, Facebook reported a total “potential audience” of 241 million active users in India, compared to 240 million in the United States, making India the largest audience country for the social media company.

The Next Web says: Facebook has achieved impressive growth in both countries since the start of 2017, but new figures suggest that active users in India are growing more than twice as fast as they are in the United States. Active users in India are up 27 percent in the past six months alone (+50 million), compared to growth of 12 percent (+26 million) in the United States over the same period.

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Social media penetration in India remains relatively low, with just 19% of the country’s total population using Facebook in June, compared to 73% penetration in the U.S., and a global average of around 42%.

Men still represent three-quarters of India’s active Facebook profiles, and its gender imbalance in India is in stark contrast to its U.S. audience where 54% of the platform’s active users are women. Facebook’s active users in India also skew young, with more than half of the country’s users below the age of 25.

 

 

July 20, 2017   No Comments

New Jersey based ATCS Sets Up Innovation Lab in India

New Jersey-based IT solutions company Advanced Technology Consulting Service (ATCS) expanded its operations in India by recruiting new staff and setting up its first Innovation Lab (I-Lab) in Jaipur, in the western state of Rajasthan. The company also opened a new office in Bangalore.

“The I-Lab not only serves as a functional space for approaching ideas and concepts in an alternative setting but also embeds a spirit in our team that ATCS is expected to think differently, creating solutions beyond one’s peripheral views,” said Jason Castellani, partner at ATCS.

The company provides strategic guidance to and implements software solutions for several Fortune 500 companies, and has offices in China, Germany and Canada, reports NDTV Profit.

Manish Krishnan, Global CEO, ATCS, said, “For our customers, innovation is a big drive. Having such a lab in our India office helps us in delivering more inventive ideas to our clients.”

ATCS Press Conference in Jaipur

ATCS Press Conference in Jaipur

July 13, 2017   No Comments

Google Acquires India-Based Halli Labs

Halli Labs, where Halli (pronounced Hull – Lee) means ‘village’ in Kannada, the language of the southern state of Karnataka in India, is the latest AI startup acquired by Google. Based in Bangalore, the four-month-old startup’s focus is building deep learning and machine learning systems to address what it describes as ‘old problems’ and domains. Halli Labs has been working on natural language processing which can help Google efficiently process real-world language.

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Google confirmed the acquisition with a statement  to TechCrunch:

“We are excited that the Halli Labs team is joining Google,” said spokesperson Taj Meadows. “They’ll be joining our team that is focused on building products that are designed for the next billion users coming online, particularly in India.”

Market intelligence research firm IDC reports that the AI market currently stands at $8 billion. The research forecasts the rise of the AI market to $47 billion in 2020.

July 13, 2017   No Comments

Rolls-Royce to Increase R&D Headcount in India

Rolls-Royce plans to increase its workforce to three times its current number at its research and development center in Bangalore, India, by end of this year.

Rolls-Royce Director Benjamin Robert Story and Rolls-Royce India President Kishore Jayaraman met Federal Minister for IT Ravi Shankar Prasad to express their interest in engaging with the ‘Digital India’ initiative, reports the Times of India. The company expressed interest in investing in Indian startups working on artificial intelligence, machine learning technology and data analytics.

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June 26, 2017   No Comments