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The UPI lesson that Federal Reserve needs to learn from India

According to Google, UPI was thoughtfully planned and critical aspects of its design led to its success.

IBM

Dec 15, 2019, 12.30 AM IST

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Step aside, humans: IBM develops bot that generates real-time commentary on football matches

The commentary is full of insights and witticisms.

IBM brings weather forecasting model for governments, industries, farmers

IBM has launched a global high-resolution atmospheric forecasting s...

PSB consolidation may shrink IT firms' business

The country will be left with only 12 large public sector banks from 27 before, the governmen...

ET Prime Distribution
  • The new Bill was cleared by the Union Cabinet last week and shared with Members of Parliament on Tuesday. It is expected to be tabled in the Lok Sabha on Wednesday. The government could exempt its agencies from the law governing processing of personal data, citing national security. The Bill adds that certain provisions will not apply to the govt.

    The PDP Bill proposes voluntary verification of users and sharing of anonymised data by firms with the govt.

    Based out of Bengaluru, Kambhatla will lead Adobe's research initiatives in the region, including artificial intelligence, natural language processing, machine learning, big-data analytics and insight, and content intelligence technologies. He will report to Adobe Research Vice President. Before joining Adobe, Kambhatla was the VP of Enterprise AI at Symphony AI.

    In line with SEBI requirements, the exchange conducts a two-day live operation from its disaster recovery site once every six months.

    Monday was the second day of campus recruitment and the premier institute has received offers from companies to the likes of Microsoft (19 offers), Uber, Goldman Sachs (9 offers), JPMC (9 offers), IBM, Nutanix, American Express, Quadeye, Oracle (14 offers), Bajaj, Google, etc.

    It is the first platform to leverage new open-source technology pioneered by IBM, which can search and translate security data from a variety of sources, bringing together critical security insights from across a company's multicloud IT environment, the company claimed.

    As part of the programme, a two-year advanced diploma in IT, networking and cloud computing, co-created and designed by IBM, will be offered at the Industrial Training Institutes (ITIs) & National Skill Training Institutes (NSTIs). The platform will be extended to train ITI & NSTI faculty on building skills in Artificial Intelligence (AI).

    Meanwhile, US defence secretary Mark Esper said on Friday the Pentagon awarded the contract to Microsoft after a fair competition. “I am confident it was conducted freely and fairly without any type of outside influence,” Esper told a news conference in Seoul.

    Tom Velema, EY’s alliances leader for EMEIA, who was in India recently, told ET that the shift in strategy had been initiated almost a decade ago but got a sharper focus only in the last few years. “This is an ecosystem play we adopted, which started with a global partnership with SAP. This is also a reflection of the market and embracing the drive to digital,” Velema said.

    Under new CEO Chris O’Connor, who took charge in April this year, Persistent Systems has adopted a solution-oriented approach to working with clients which has resulted in an increase in deal sizes. The company now maps a client’s overall IT spends against its own portfolio to determine what the other areas are where it can contribute.

    Indian ITES major Tech Mahindra is in final stages of negotiations to acquire Born (formerly Group FMG), a global marketing & media solutions agency operating and a deal is likely to be signed soon.

    Encryption has made the use of data safe. Will 'quantum supremacy' alter that?

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