What purpose will the Digital Banking Units serve?
The Reserve Bank of India (RBI) has developed guidelines for establishing Digital Banking Units (DBUs). This is in accordance with the Indian finance minister Nirmala Sitharaman’s announcement in this year’s budget speech that the government was proposing to set up 75 Digital Banking Units (DBUs) in 75 districts by scheduled commercial banks. “In recent years, digital banking, digital payments,... By Shyamanuja Das
Dell Technologies Shares FY22 Business Highlights and FY23 Priorities
Dell Technologies held its Asia Pacific and Japan (APJ) briefing hosted by Chuck Whitten, Co-Chief Operating Officer, and Amit Midha, President, Asia-Pacific & Japan and Global Digital Cities. At the virtual briefing, Dell Technologies discussed its full-year fiscal 2022 financial results, global and APJ performance highlights, regional trends, customer impact and the company’s global... By
71% of Employees Choosing to Work from Anywhere Over Being Promoted
70% of women report experiencing negative effects from remote work, versus only 30% of men, according to a survey report released by Ivanti. The report revealed that the employee priority revolution continues, with a whopping 71% of respondents saying they would prefer to work from anywhere then get a promotion. Despite its popularity, remote work is a double-edged sword, with 10% of respondents... By CIO&Leader
Web Werks Acquires a Standalone Facility For Its First Data Center In Hyderabad
Web Werks, a leading player in the Indian Data Center and Cloud Services market, has announced the acquisition of a standalone building that will convert to its first data center in the commercial business district of Hyderabad. The locality has emerged as a prominent business hub, owing to its proximity to the IT corridor of Hyderabad. The new highly interconnected data center will offer... By
IWD 2022: Designing a stronger post-pandemic workplace for women
It may be years before we come to terms with the impact of the pandemic on our society and our workplaces, but one thing is for sure: While we are still learning to navigate the pandemic, we have each had to adapt our daily lives to respond to it. Our lifestyles have also undergone a sea change. We now live in a more hybrid environment, a more cautiously optimistic space – where the threat of new... By Mohua Sengupta
Spotlight: Digital Twins
This is the 2nd column of the 12-part series called Navigator MasterClass, wherein we will find our way through the myths and realities of one Bleeding Edge technology each month; in terms of where it truly stands at the time of writing, and its business applications- implemented, being attempted, or speculative. This month’s topic is Digital Twins. As is the won’t of this columnist, a Google... By Akash Jain
Web Werks Data Centers appoints veteran IT leader Kamal Goel as Director-IT & Chief Evangelist
Web Werks, one of India’s leading data center providers, today announced the appointment of Kamal Goel as the Director – IT & Chief Evangelist. Kamal has proved himself as a business technology consultant, driving infrastructure planning, operations, user support, collaborations, and hence delivering business values through solutions. In his last stint, he worked with Yotta infrastructure as... By
Human-in-the-Loop” Solutions Will Comprise 30% of New Legal Tech Automation Offerings by 2025
By 2025, 30% of new legal technology automation solutions will combine software with staffing for a “human-in-the-loop” offering, according to Gartner, Inc. Despite growing demand for greater automation and increasing sophistication of tech innovations, machine learning solutions for corporate legal teams will struggle with the high levels of domain expertise required and high rates of exceptions... By CIO&Leader
35% of Consumers Have Never Heard of the Metaverse- Report
More than one-third of consumers (35%) have never heard of the metaverse, stats according to Gartner. The survey finds that 58% of respondents have either heard of the metaverse but do not know what it means, or think they understand the metaverse but would struggle to explain it to someone else. Only 6% of people identify as being comfortable enough in their understanding of the metaverse to... By CIO&Leader
Criminal Cryptocurrency Transactions Will Drop by 30% by 2024: Gartner
Contrary to popular lore, cryptocurrencies are not a haven for anonymous criminals. In fact, armed with smart analytics, it’s easier to follow money trails on blockchains than it is on legacy payment networks, however a circuitous route they may take. What’s still hard to figure out — for the time being — is the identity of the criminals using various blockchain addresses to move their stolen... By CIO&Leader
How Zee is leveraging tech to improve its digital content offerings
The rise of on-demand content consumption digital platforms, the availability of affordable internet, and an array of media-streaming devices have opened up many opportunities for entertainment providers. The shift from traditional to new media witnessed a massive jump during the pandemic when most production houses paused their content development activities. Most traditional media channels had... By Jatinder Singh