Day: July 24, 2020

Intellicus Announce Technology Partnership with Modus for Next-Gen Analytics to Banks

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Intellicus Technologies, a leading provider of business intelligence and analytics solutions, and Modus Information Systems, a pioneer in IT services to banks, have come together to launch a powerful banking analytics solution. “Intellicus is partnering with Modus to deliver an unparalleled BI solution for the BFSI sector.  Bankers will be able to analyze their data from multiple systems, at any size with high speed and precision. Compliance reports will be fully automated, freeing up precious time of the staff. Premium BI features like self-service, trending and predictions, what-if analytics will…

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Siemens and SAP partner in digital transformation drive

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Siemens AG and SAP Deutschland SE & Co. KG have formed a new partnership that will leverage their industry expertise and bring together their complementary software solutions for product lifecycle, supply chain and asset management so their customers can deliver new innovation and collaborative business models that will accelerate industry transformation globally. Through this agreement, both SAP and Siemens will be able to complement and integrate their respective offerings in order to offer customers the first truly integrated and enhanced solutions for product lifecycle management (PLM), supply chain, service and…

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Intel’s Mobileye and Ford agreement on Driver-Assistance Technology

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Ford is expanding its partnership with Mobileye, the Intel-owned autonomous driving technology business, the companies announced Monday. Ford plans to customize Mobileye’s vision-sensing technology to improve its existing driver-assist features, such as forward collision warning; vehicle, pedestrian and cyclist detection; and lane centering. The deal includes Ford using Mobileye’s “EyeQ” camera-based detection technologies for features such as forward collision warning and of vehicle, pedestrian and cyclist detection. They’ll also be used for Ford’s forthcoming hands-free driving system. Ford isn’t leaping entirely into the self-driving future quite yet. The deal covers…

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Top 10 emerging future Technology Trends for 2020

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With integrations of multiple emerging technologies just in the past year, AI development continues at a fast pace. In the past year alone, the integration of multiple emerging technologies has sped up; the threshold of AI development continued lowering, and industrial intelligence led the dawn of the fourth industrial revolution. Following these stones deeply buried in the soil of science and technology in 2019, we can blueprint the outlook of what’s to come in 2020, where science and technology will still be a quintessential function of society and the key…

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Intel Capital to buy stake in Jio Platforms of Rs 1,894 crore

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Intel Capital, the investment arm of global tech and semiconductor major Intel corporation, will pick up 0.39% equity stake in Jio Platforms for Rs 1,894.50 crore, making it the eleventh investor to pick up stake in RIL’s telecom and digital business in about two months. With this investment, Intel joins a list of dozen investors including Facebook, KKR, Saudi Arabia’s Public Investment Fund, taking the total financing to Rs 1,17,588.45 crore for just a shade over 25% holding.Overall, Reliance has raised about Rs 1,70,712.65 crore in over two and half…

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Tesla beat Toyota to become most valuable carmaker in the world

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Tesla Inc on Wednesday became the highest-valued automaker as its shares surged to record highs and the electric carmaker’s market capitalisation overtook that of former front runner Toyota Motors Corp. Toyota, the world’s second-largest single carmaker measured by output with annual production of more than 10m vehicles, was worth about $200bn on Wednesday after its Japan-listed shares fell 1.5 per cent to ¥6,656 ($61). Tesla shares gained 5% in early morning trade to a record of $1,133, boosting the company’s market cap to $209.47 billion – roughly $6 billion more…

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BookMyShow reveals global online platform for live entertainment

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Online ticketing site BookMyShow has decided to create its own video content under a vertical called BookMyShow Online that will remain behind a paywall. Comprising shows such as comedy gigs, plays or music concerts apart from workshops and masterclasses, the platform says it will be akin to buying a one-time ticket to an event, except that this will be online. BookMyShow also plans to host popular electronic dance music festival, the Sunburn Home Festival on its platform this July. This will feature DJs from across the globe with 3D animation…

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Compaq Television associates with Germany-based Mimi Hearing Technologies

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Compaq Televisions through collaboration with Berlin-based Mimi Hearing Technologies has integrated Mimi’s technology into Compaq Smart Televisions, scheduled to launch this July.  The Compaq smart TVs will be the equipped with Mimi Sound Personalization technology, that adapts the audio to each individual’s unique hearing ability for an immersive, high-fidelity, and intelligible TV experience. Mimi Sound Personalization, driven by cutting edge audiology research, adapts the sound based on an individual’s or a group’s hearing profile, and through real-time adjustment and optimizes the alignment between a viewer’s hearing and the sound system.…

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ProPhotonix Limited Declares Custom LED Backlight gains VSD Innovators Award

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ProPhotonix Limited, a high technology designer and manufacturer of LED illumination systems and laser diode modules, with operations in Ireland and the United Kingdom, is pleased to announce its custom, high-performance LED Backlight, has received the Gold Award from the judges of the annual Vision Systems Design Innovators Awards program. The judging panel consisted of esteemed vision system experts from system integrator and end-user companies. ProPhotonix Limited, headquartered in Salem, New Hampshire, is a high technology designer and manufacturer of LED illumination systems and laser diode modules for industry leading…

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India’s textile manufacturers turned COVID-19 crisis into opportunity

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India’s textile manufacturers seem to have converted the COVID-19 induced financial disaster into an opportunity, as scores of companies have quickly come out with anti-microbial textiles. The trend has gone viral, said industry insiders, as they cited many established players’ entry into the anti-COVID or microbial fabric segment. Especially, these companies claim that anti-microbial fibres not only destroy various viruses and bacteria’s but also inhibit their growth. Besides guaranteeing the financial health of textile manufacturers, experts opined the need for such products as viruses has the tendency to thrive on…

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