Page 4 - Cloud Services

ESDS Software files draft papers with Sebi; aims to raise Rs 1,300 crore

Cloud services and data centre firm ESDS Software Solution has filed preliminary papers with capital markets regulator Sebi to raise Rs 1,200-1,300 crore through an initial share sale

Amazon to proactively remove content that violates rules from cloud service

Over the coming months, Amazon will hire a small group of people in its Amazon Web Services (AWS) division to develop expertise and work with outside researchers to monitor for future threats

Demand for cloud techies to touch 2 mn by 2025: Nasscom-TCS-Accenture study

Study says as of FY21, India ranked third with 608,000 cloud professionals across all verticals, including technology

SAP India, Microsoft launch program to skill over 62,000 women in AI, cloud

SAP India and Microsoft on Thursday announced the launch of a joint skilling programme 'TechSaksham' for empowering young women students from underserved communities to build careers in technology.

Amazon, Microsoft, Google grab 63% of $42 bn Cloud infra market

The enterprise spending on cloud infrastructure services reached $42 bn in Q2, increased by $2.7 bn from the previous quarter and up 39 per cent from the Q2 of 2020, according to a new report

Sonata Software to acquire Encore Software to boost cloud services

Sonata Software on Wednesday said it will acquire US-based IT services company Encore Software Services, a move that will enhance its capabilities in cloud engineering, application development and maintenance and data management. In a regulatory filing, Sonata Software said its wholly-owned subsidiary Sonata Software North America Inc (SSNA) has signed a definitive agreement with the shareholders of Encore Software Services, Inc. The cost of acquisition involves an upfront payment of USD 6.37 million (including adjustments for working capital, cash, and net debt) and deferred payout of USD 8.25 million payable over 3 years, it added. Encore Software Services, incorporated in 1998, is headquartered in San Jose, with development centre in Chennai. "This is a continuation of our M&A strategy focusing on strategic acquisitions aligned to our Platformation led digital transformation strategy, access to seasoned local leadership talent and entry into new industry verticals. "We are ...

Zoom buys cloud call centre company Five9 for $14.7 bn in all-stock deal

Zoom will buy the cloud contact centre provider Five9 in an all-stock deal valued at about $14.7 billion.

Google Cloud boosts India presence, launches 2nd Cloud region in Delhi NCR

With this new region, Google Cloud customers operating in India will benefit from low latency and high performance of their cloud-based workloads and data

Google expands India cloud services with new infrastructure in Delhi-NCR

Google is ramping up cloud infrastructure in India with the second cluster of data centers in and around capital New Delhi to meet increasing customer demands in a key growth market

NSE tech subsidiary acquires majority stake in Cloudxchange.io

NSEIT Ltd, the IT-services focused subsidiary of NSE, on Wednesday said it has acquired majority stake in integrated cloud service provider Cloudxchange.io. However, the financial details of the deal were not disclosed. With this addition of Cloudxchange.io, NSEIT will offer end-to-end digital transformation solutions from cloud to security, NSEIT said in a statement. Founded in 2016, Cloudxchange.io is a multi-cloud managed service provider for AWS, Azure, Google and Oracle Cloud. It has expanded its offerings to cloud consulting, multi-cloud aggregation, cloud back-up and disaster recovery (DR). It has over 250 enterprise clients across sectors including Banking, financial services and insurance (BFSI), manufacturing, logistics and the government. "In the current pandemic situation, India's financial services sector is focused on migrating to virtual operations. This need of the hour has led to an increasing demand for secure, scalable, and cost efficient infrastructure, thus ..

LG Electronics to expand cloud-based call centres amid Covid-19 pandemic

LG Electronics said on Tuesday it will expand cloud-based call centres to offer better customer care services and protect its workers from the novel coronavirus outbreak.

L&T Technology Services partners Mavenir for Open RAN, 5G automation

L & T Technology Services Limited, a global leading pure-play engineering services company, today announced a strategic partnership to deliver end-to-end 5G automation services with Mavenir, the Network Software Provider building the future of networks with cloud-native software that runs on any cloud.The automation services will include Continuous Integration / Continuous Delivery (CI/CD) automation of the 5G ORAN portfolio of RU/DU/CU products, in conjunction with the Cloud Native 5G NSA and SA core network products, for global frequency bands supporting TDD and FDD technology.LTTS's rich heritage in the delivery of telecommunications engineering products and services and growing portfolio of ready-to-use 5G components played a crucial role in this agreement. LTTS will contribute to the acceleration of Mavenir's cloud-native product roadmap driving increased market share in the 5G telecom landscape. This engagement between LTTS and Mavenir also enables a unique opportunity for ..

With cloud and AI, IBM broadens 5G deals with Verizon and Telefonica

IBM will offer telecom operators Verizon and Telefonica new services ranging from running 5G over a cloud platform to using artificial intelligence

Leveraging cloud can yield financial gains of $414 bn: Infosys Cloud Radar

A strong profit link was identified when using cloud to rapidly bring new solutions and services to market

Vi Business forays into integrated IoT, plans expansion of cloud services

Vodafone Idea announced foray into integrated Internet of Things space for enterprises segment as it looks to transform itself from a traditional connectivity service provider to a technology company.

TCS looks for talent on the cloud, to create an algorithm-based marketplace

Firm has reimagined its HR strategy with a clear focus on skills

Cloud Paks allow clients to easily move to the cloud: IBM's Natarajan

SUBRAM NATARAJAN, Director and CTO, Technical Sales, IBM Technology Sales, India/South Asia, tells Neha Alawadhi the broad contours of how Cloud Paks will help Indian enterprises

$500 mn deal with Google pulls Infosys in focus; analysts see 35% upside

Even after a 164 per cent rally since its 52-week lows hit in March 2020, the Salil Parekh-led firm remains Credit Suisse top pick in the IT space

We need to foundationally transform Cloud: Microsoft CEO Nadella

Tech companies need to foundationally transform how Cloud can drive the next level of broad economic growth that everyone can participate in, Nadella said

20% of Indian firms to adopt connected cloud strategies by 2023

Enterprises in India are leveraging cloud for objectives beyond business continuity, an IDC report said on Tuesday