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<ul><li><keyword id="20940216" type="General" weightage="20" keywordseo="Synology" source="keywords" meta.keywordsubtype="org" meta.entityname="Synology" meta.hostid="261" meta.entityid="Synology">Synology</keyword> has showcased its upcoming enterprise solutions in India.</li><li>The Taiwanese <keyword id="20653112" type="General" weightage="20" keywordseo="storage-solutions" source="keywords">storage solutions</keyword> provider has revealed its enterprise-level solution blueprint for India.</li><li>The company has announced new GenAI-powered features for its Office Suite.</li></ul> Taiwanese storage solutions provider Synology has launched its new enterprise-level solution blueprint in India at its Synology Solution showcase held in India. The announcement comes as the first enterprise application blueprint in India and is a significant part of the company’s expansion plans in India. Since 2021, the company has recorded a 600% growth in business sector revenue in India, contributing to a total revenue growth of 350%. The company showcased its latest offerings in data protection, storage, and surveillance, emphasizing solutions designed to address the growing demands of modern enterprises. <h2>Synology showcases new products</h2>The company showcased its upcoming products, including the ActiveProtect appliances, which were first<a href="https://www.businessinsider.in/tech/news/synology-introduces-new-products-aimed-at-data-protection-and-scalability/articleshow/110711086.cms"> announced</a> during the company’s Synology Solution Exhibition 2024. The ActiveProtect lineup includes dedicated backup systems that are optimised for rapid deployment and scalability. This backup solution is aimed at simplifying deployment and it can manage up to 2,500 multi-server environments across multiple sites. <div type="Article" hostid="261" msid="111748677" title="Synology bets big on the Indian market amid strong growth, growing demand" mstype="2" mssubtype="0"></div> “The ActiveProtect series focuses on data recovery and immutability, making it a reliable tool for IT professionals to ensure data security. Its multi-site friendly design aligns perfectly with India's business structure,” said Russell Chen, country manager, SAARC Region, Synology. The company also showcased its scale-out storage solutions and advanced surveillance solutions at the event. “Driven by the demand of technology trends, such as AI, IoT, digital transformation, and so on, Synology has performed exceptionally well in the Indian enterprise market, especially in sectors like government, manufacturing, and media and entertainment. Moving forward, we will continue to dedicate ourselves to meeting the modern storage needs of growing enterprises,” said Michael Chang, APAC sales head, Synology. The developing scale-out solution delivers scale-out storage, supporting both file and object storage and performance growth when adding additional storage servers. Synology also introduced its C2 Surveillance Station, which is a cloud-based video surveillance solution with edge AI and multi-layer encryption. The company is enhancing its <keyword id="19999884" type="General" weightage="20" keywordseo="AI-capabilities" source="keywords">AI capabilities</keyword> with the Synology AI Console, integrating GenAI into the Office Suite. According to the company, this will allow organisations to use the latest large language models (LLMs) while maintaining strict control over data privacy and security. SEE ALSO: <a href="https://www.businessinsider.in/tech/apps/news/diwali-gift-zomato-platform-fee-increased-to-rs-10-ahead-of-the-festive-season/articleshow/114493617.cms">Diwali gift from Zomato – Platform fee increased to ₹10 ahead of the festive season</a> <a href="https://www.businessinsider.in/stock-market/webstories/afcons-infrastructure-ipo-gmp-risk-factors-and-all-you-need-to-know/slidelist/114490954.cms">Afcons Infrastructure IPO – GMP, risk factors and all you need to know</a> <a href="https://www.businessinsider.in/tech/mobile/news/snapdragon-8-elite-announced-to-power-iqoo-13-oneplus-13-xiaomi-15-series-and-more/articleshow/114463844.cms">Snapdragon 8 Elite announced, to power iQOO 13, OnePlus 13, Xiaomi 15 series and more</a>

Synology introduces new enterprise solutions, reports significant growth in India

Tech giant <keyword id="19910716" type="General" weightage="20" keywordseo="IBM" source="keywords" meta.keywordsubtype="org" meta.entityname="IBM" meta.hostid="153" meta.entityid="IBM">IBM</keyword> on Monday announced the launch of its <keyword id="22332400" type="General" weightage="100" keywordseo="GenAI-Innovation-Center" source="keywords">GenAI Innovation Center</keyword> in <keyword id="19900813" type="General" weightage="20" keywordseo="Kochi" source="keywords">Kochi</keyword> which, it said, will enable enterprises, <keyword id="19945815" type="General" weightage="20" keywordseo="startups" source="keywords">startups</keyword>, and partners to explore and build generative <keyword id="20125652" type="General" weightage="20" keywordseo="AI-technology" source="keywords">AI technology</keyword>. The centre will accelerate AI innovation, boost productivity and strengthen GenAI expertise in India, the company said in a release. "As organisations transition from AI experimentation to deployment for adding business value, they often find AI projects too complex or difficult to integrate due to limited skills or expertise," it said. According to the release, the centre would provide organisations with access to IBM experts and technologies geared to help build, scale and accelerate adoption of enterprise-grade AI. The centre is built on InstructLab, a new technology jointly developed by IBM and <keyword id="20245485" type="General" weightage="20" keywordseo="Red-Hat" source="keywords" meta.keywordsubtype="org" meta.entityname="Red Hat" meta.hostid="153" meta.entityid="Red Hat">Red Hat</keyword> for enhancing Large Language Models (LLMs) with a client's own data, and will also take advantage of IBM '<keyword id="20249092" type="General" weightage="20" keywordseo="Watsonx" source="keywords">watsonx</keyword>' AI and data platform and AI assistant technologies. The GenAI Innovation Center will be a part of the IBM India Software Lab in Kochi, and be managed by IBM's technical experts. "With access to the latest in generative AI technology, LLMs, case studies, and IBM experts, the centre will nurture a community focused on harnessing the power of generative AI to address societal and business challenges ranging from sustainability, public infrastructure, healthcare education, and inclusion," IBM said.

IBM to launch GenAI Innovation Center in Kochi

Amid the ongoing geopolitical tension, the <keyword id="19904988" type="General" weightage="20" keywordseo="energy-sector" source="keywords">energy sector</keyword> will continue to face challenge while the <keyword id="20468174" type="General" weightage="20" keywordseo="consumer-goods" source="keywords">consumer goods</keyword>, automotive, healthcare is set to expand in 2025, highlighted a report 'Industry Outlook 2025' by <keyword id="20618515" type="General" weightage="100" keywordseo="Economist-Intelligence-Unit" source="keywords" meta.keywordsubtype="org" meta.entityname="Economist Intelligence Unit" meta.hostid="261" meta.entityid="Economist Intelligence Unit">Economist Intelligence Unit</keyword>. The report noted that the Fossil fuel markets will continue to face risks from geopolitical conflicts, particularly in the Middle East and Ukraine. However, investments in <keyword id="19895602" type="General" weightage="20" keywordseo="renewable-energy" source="keywords">renewable energy</keyword> will remain strong, especially in China, as the world pushes toward cleaner and more sustainable energy sources. The report said "Fossil-fuel markets will continue to face <keyword id="20064250" type="General" weightage="20" keywordseo="geopolitical-risks" source="keywords">geopolitical risks</keyword> amid conflicts in the Middle East and Ukraine, but investment into renewables will remain strong, particularly in China." It also added that the financial sector faces a mixed outlook with falling interest rates anticipated to narrow bank profit margins, potentially leading to smaller dividend payouts for shareholders. Yet, regulatory easing could provide relief, with the Basel III endgame likely seeing further delays, softening the impact on banking institutions amid a challenging economic landscape. For the consumer goods and retailing the report added that the Global retail volumes are forecast to grow by 2.2 per cent in 2025, thanks to easing inflation. However, stricter regulations on online retailing will target high-volume, low-price retailers, to ensure fair competition and consumer protection. It said "Global retail volumes will expand by 2.2 per cent, helped by disinflation, but regulations around online retailing will tighten further" As per report, the <keyword id="20359760" type="General" weightage="20" keywordseo="automotive-sector" source="keywords">automotive sector</keyword> is set for a record year, it said "After a difficult few years, annual new-vehicle sales will reach a record 97.2m units in 2025. This includes a 2 per cent rise in new car sales, a 4 per cent increase in commercial vehicle sales, and a significant 16 per cent growth in <keyword id="19963112" type="General" weightage="20" keywordseo="electric-vehicle-sales" source="keywords">electric vehicle sales</keyword>, reflecting the sector's recovery and the shift toward cleaner mobility. In technology the report added more countries will adopt satellite internet, although the primary users will be enterprise clients, including military and maritime sectors. Amazon's Project Kuiper will challenge the existing market dominance of Starlink and EutelSat OneWeb, offering more competition and potential growth in satellite connectivity. The resulting tensions will continue to affect investment into production and market entry, with companies taking advantage of government incentives to build out more flexible supply chains. <keyword id="23684177" type="General" weightage="20" keywordseo="investment-in-technology" source="keywords">Investment in technology</keyword>, particularly artificial intelligence (AI), will also be strong as projects gather pace. However, technology companies will face pressure from several directions as regulations tighten (particularly in Europe), investors become more impatient for profits and their energy usage comes under more scrutiny.

Consumer goods, auto and healthcare sector to expand but energy may face challenge in 2025: Report

<keyword id="19955648" type="General" weightage="20" keywordseo="Adani-Group" source="keywords" meta.keywordsubtype="org" meta.entityname="Adani Group" meta.hostid="261" meta.entityid="Adani Group">Adani Group</keyword> released the composite result and Credit Compendium of Adani Group of <keyword id="20027214" type="General" weightage="20" keywordseo="companies" source="keywords">companies</keyword> for Q1 FY25. The Results Compendium provides a comprehensive overview of the <keyword id="20088085" type="General" weightage="20" keywordseo="financial-performance" source="keywords">financial performance</keyword> of the Adani Portfolio, while the Credit Compendium offers in-depth insights into the portfolio's robust credit strength. According to the results, the strong performance for the quarter was led by <keyword id="20113873" type="General" weightage="20" keywordseo="Adani-Enterprises" source="keywords" meta.keywordsubtype="org" meta.entityname="Adani Enterprises" meta.hostid="261" meta.entityid="Adani Enterprises">Adani Enterprises</keyword>' emerging businesses, including solar and wind manufacturing. In a press release, the company stated that it has emerged as India's largest player in the fully integrated <keyword id="19990484" type="General" weightage="20" keywordseo="green-hydrogen" source="keywords">green hydrogen</keyword> chain, as well as in the airports and roads sectors. The company added that AEL's infrastructure businesses' steadily rising contribution is playing a significant role in this growth, with <keyword id="19957744" type="General" weightage="20" keywordseo="EBITDA" source="keywords">EBITDA</keyword> expanding by 69.98 per cent YoY. These fast-growing businesses now contribute 13.3 per cent to the portfolio-level EBITDA, up from 7.2 per cent a year ago. The overall EBITDA of Adani Group companies surged by 32.87 per cent year-on-year (YoY) to reach Rs 22,570 crore, resulting in a trailing twelve-month (TTM) EBITDA of Rs 79,180 crore, marking a 45.13 per cent increase over the corresponding TTM of the previous year. The Adani Group highlighted that its 'Core Infrastructure' platform comprises AEL's (Adani Enterprises) Infrastructure businesses, Utility (Adani Green Energy, Adani Power, Adani Energy Solutions, and Adani Total Gas), and Transport (Adani Ports &amp; SEZ) businesses. The Solar module manufacturing business of the group saw module sales rise by 125 per cent YoY in the quarter. Furthermore, the operationalization of photovoltaic cell lines lowered costs, resulting in higher profitability. The airport business also continues to see strong growth from rising passenger movement, increasing consumer offerings, and the addition of routes, airlines, and flights across seven operational airports. Adani Enterprises' performance indicates that in airports, the annual passenger movement across 7 airports crossed 90 million for the first time. During the quarter, eight new routes, six new airlines, and 13 new flights were added across all seven airports. Additionally, 25 new brands were introduced at Lucknow airport after the inauguration of Terminal 3. The road business achieved its highest-ever 730 lane-km construction during this quarter. In the Adani Green Energy segment, construction work for a 500 MW hydro pump storage has commenced, with a 31 per cent YoY capacity addition during the quarter. Another 250 MW wind capacity was operationalized in July at Khavda, bringing the total capacity to 11.2 GW. Adani Energy Solutions stated that the Khavda-Bhuj Transmission Line (KBTL) is fully commissioned, enabling 3 GW green power evacuation from Khavda. The 1,765 ckm Warora Kurnool Transmission Line (WKTL) was also fully commissioned, strengthening the national grid by ensuring seamless power flow between the western and southern regions. Adani Ports &amp; SEZ reported that Vizhinjam port, India's first transhipment port equipped with South Asia's most advanced container-handling technology, was formally commissioned in July and will become operational in November. In the Cements segment, the promoters infused Rs 15,000 crore in two tranches in Ambuja Cements in March and April, fully subscribing to the warrant program and infusing a total of Rs 20,000 crore since the acquisition in September 2022. The company also acquired Penna Cement, increasing the total capacity to 89 MTPA. SEE ALSO: <a href="https://www.businessinsider.in/tech/mobile/news/google-pixel-9-pro-fold-launched-in-india-at-172999-but-you-cant-get-your-hands-on-it-right-now/articleshow/112517193.cms">Google Pixel 9 Pro Fold launched in India at ₹1,72,999, but you can’t get your hands on it right now</a> <a href="https://www.businessinsider.in/stock-market/news/ipo-scam-two-victims-from-hyderabad-lose-over-11crore-in-fake-ipo-scams/articleshow/112488051.cms">IPO scam – Two victims from Hyderabad lose over ₹11 crore in fake IPO scams</a> <a href="https://www.businessinsider.in/tech/news/indias-wearables-market-decline-for-the-first-time-as-smartwatch-shipments-fall/articleshow/112397246.cms">India’s wearables market decline for the first time as smartwatch shipments fall</a>

EBITDA of Adani Group companies surged by 32.87% year-on-year to ₹22,570 crore

On September 12, Business Insider convened a roundtable of top technology executives as part of our <a target="_blank" class="" href="https://www.businessinsider.com/build-it-series">"Build IT" series</a>.These executives spoke about how they use AI large language models in their personal and professional lives, how their roles have evolved as a result of the AI boom, and their top priorities. The conversation was moderated by BI's senior tech reporter Emma Cosgrove.The roundtable participants were:<ul><li>La'Naia Jones, the chief information officer of the <a target="_blank" class="" href="https://www.cia.gov/">CIA</a>.</li><li>John Roese, the global chief technology officer and chief AI officer of <a target="_blank" href="https://affiliate.insider.com?h=89435d8fc76d09828f04475db59d25e39ae30562373c6e7d81ff9d9cffa72374&amp;postID=66eb0f7b69657a7deb4351bd&amp;postSlug=technology-executives-on-artificial-intelligence-applications-role-of-cto-cio-2024-9&amp;site=bi&amp;u=https%3A%2F%2Fwww.dell.com%2Fen-us">Dell Technologies</a>.</li><li>Elaine Zhou, a co-CEO of <a target="_blank" class="" href="https://www.sagecxo.com/">SageCXO</a> and <a target="_blank" class="" href="https://www.change.org/">Change.org's</a> former CTO.</li><li>Faisal Masud, the president of worldwide digital services at <a target="_blank" href="https://affiliate.insider.com?h=b9201568fbe393fd7c8826f24b11068b25db2ec28af44407721de564b92896e5&amp;postID=66eb0f7b69657a7deb4351bd&amp;postSlug=technology-executives-on-artificial-intelligence-applications-role-of-cto-cio-2024-9&amp;site=bi&amp;u=https%3A%2F%2Fwww.hp.com%2Fus-en%2Fhome.html">HP</a>.</li><li>Erin DeCesare, the CTO of <a target="_blank" class="" href="https://www.ezcater.com/">ezCater</a>.</li></ul>The following transcript of the discussion was edited for length and clarity.Emma Cosgrove: What's your favorite use of an LLM in your daily life right now?Erin DeCesare: My favorite use of an LLM lately is trying to do more cross-functional, creative prompting. So using ChatGPT to say, "Can you give me some creative prompts to start the meeting?" has been a super fun way to bring energy into these conversations.John Roese: I renovated a 1780 house a couple of years ago, and I embedded a home AI system called <a target="_blank" href="https://www.josh.ai/">Josh</a>, which runs on a server in my basement.It's very privacy-oriented. I have a house that I just talk to or ask a question. I could ask it to close the shades, turn up the air conditioning, or tell me what the weather is. Or, I can say, "Could you explain something about the historical house down the street?"We all know that intrusive and difficult technology is never successful until it becomes invisible. That's what's happening in my world, where I forgot that I have an LLM in my house.Faisal Masud: For me on the personal front, it's been medical issues. A friend of our son recently had an issue. We just took a picture of it, and <a target="_blank" class="" href="https://www.businessinsider.com/anthropic-claude-chatbot-google-chatgpt-2023-3">Claude</a> gave an unbelievable diagnosis. Turns out the doctor's review was 100% identical to that diagnosis as well.I was at an outdoor event, got a rash, and did the same thing, just took a picture of it. It's literally having access to the world's encyclopedia at your fingertips.La'Naia Jones: I typically ask general questions and summarizations. I also look at how the LLMs are formulated to include topics such as bias, and how the underlying technology is used, which largely consists of data from the internet.Elaine Zhou: The thing I find most exciting about AI usage is my mom. She's turning 80. She's using it to plan for her Spain trip in November. She asked ChatGPT in Chinese, "How do you spend your time in Spain?" and it spit out all the recommendations for what you should do in Madrid.Cosgrove: How has the role of the CTO and CIO changed in the past 18 months?DeCesare: Historically, we thought of the CTO as leading engineering and the CIO as leading all the technology, the business uses. But we've had all these dynamics coming together, like cloud-based AI, where that line is completely blurred.My team realized this past year how things operate very differently. <a target="_blank" class="" href="https://www.businessinsider.com/microsoft-strategy-low-code-development-market-cloud-wars-2021-6">Low code</a> was a promise a few years back, but now it's a necessity. And we are in the phase where we want to move away from costly engineering and toward more automated practices.Things like Retool or Nintex are platforms that allow us to move what would be a software-engineering concern over to an IT-like business-operated capability.These distinctions are going away, and having the whole organization partner and cocreate is really testing people's identities. It's a creative, fun way to challenge people to think differently and out of their comfort zones.Roese: Every industry has technology disruptions that show up every few years. When you think about the speed at which we have to take advantage of these, that's not a typical IT cycle; that is a research and development cycle. So, obviously, we're blurring the lines, not just in terms of who does what work but how that work is done.We have to be able to interface in ways that we didn't before. The question is, how do you get the internal part of a giant company to move faster and behave more like an R&amp;D organization?We've been focused on understanding how our processes are evolving before we AI them. We don't waste a lot of time AI-ing bad processes, which was our biggest strategic risk at our scale. So there's lots of discipline and prioritization, but most importantly, a dramatic blurring of advanced software-development culture and the rest of the company. In the long term, those two have to come closer together to achieve the speed necessary for an AI cycle.Masud: To me, a lot of CIOs, specifically, as the lines blur, are looking at AI for all the purposes that we mentioned earlier but also to have fewer people because AI will solve XYZ problems.I feel like it's the opposite. It's about doing more with what you have versus what you potentially can get rid of. There has been a massive shift in consumer expectations and end-user expectations. If you look at Gen Z, they don't expect to wait five minutes for the computer to boot up. That's just not acceptable. They were born and raised in this generation, they use all the LLMs, and they're expecting a seamless experience.The challenge is going to come in where a lot of orgs are not going to allow you to use publicly available, cloud-sourced LLMs on corporate devices because they want to protect their data. Of course, they need to, but policing that is not going to be anywhere near easy. It's probably never going to happen because people have their own devices. So the quality of what you produce in your organization as a CTO — if you're going to provide models built in-house — better be superstar quality, or no one's using it.Another challenge is that the adoption of things like <a target="_blank" href="https://www.businessinsider.com/microsoft-copilot-everyday-ai-companion-paid-subscription-2024-1">Copilot</a> is <a target="_blank" class="" href="https://www.businessinsider.com/pharma-cio-cancelled-microsoft-copilot-ai-tool-2024-7">not as rapid</a> as one would have expected because the end users are used to a lot more, so the corporate user is still behind.Jones: Many of our colleagues have backgrounds in the IT or the defense community. There is nothing that we do singularly within the intelligence community because it's a team effort and a team sport.When talking about the question of the CTO and the CIO and about how it's changed in the last 18 months, I do think that government and public sector have a little bit of a different perspective versus the private sector, partially because within the public sector and more directly within government, the role of the chief information officers is actually listed or written in policy and statute.I think the role of the CIO has become, at least in government, a little more ingrained. We meet with lawyers, civil liberty and privacy experts, policy SMEs, and many others since data is foundational to the intelligence mission.We also do a lot of large-scale procurements and acquisitions with technology companies. We want to ensure that the contracts and the business relationships are fair and equitable as they may serve a government organization or even the nation from a broader national security perspective.Cosgrove: What's the most important North Star priority that you're looking at?DeCesare: It is trying to make something that's either benefiting the customer or driving productivity internally. You've got to have every function thinking of themselves as customers and seeking the solution because it's changing by the month — and unless you're having them actively test and try out new AI products, you're unlikely to find that value.I'll give a recent example: Our whole product team, we've been trying to encourage them to leverage AI to move faster on getting ideas to market and to test in our software product and having them pay attention to the GPT store. The recent <a target="_blank" href="https://www.chatprd.ai/">ChatPRD</a> is a way to automate creating the product-requirements documents. It's sort of fascinating how great it can actually get an initial baseline and just having the product manager create some edits, and that is enabling our speed to market for our own features out into the product. Everyone's got to be looking for the solutions and then understanding if it is actually helping them do their job better.Roese: The first and most important questions you have to answer as a company to figure out where to apply this technology are pretty simple: What makes you special? What is the core of your company?At Dell, it's four things: We have a giant at-scale engineering capability, the largest secure supply chain in the world, a global services capability, and the largest enterprise sales force in the world. You take those four things, and anything I do to them that makes them more competitive materially impacts my business. What you'll notice isn't on that list: HR and finance facilities. I could do lots of <a target="_blank" class="" href="https://www.businessinsider.com/dell-workers-layoffs-reaction-ai-restructuring-jobs-tech-2024-8">AI projects</a> there.We are interested in other areas, but in terms of prioritization, where do we land on <a target="_blank" class="" href="https://www.businessinsider.com/chatgpt-openai-ai-dictionary-help-understand-nvidia-2023-12">our GPUs</a>? What do we run in our data center? Where do we put the resources today? They are in those four areas as a priority. Once you understand that those are high level, then you have to ask if you are actually on a path where if you apply AI, you're going to get to an outcome.Are your processes and people even oriented to be successful when you bring AI into the equation? Each of those needed to go through a level of process re-engineering consideration. If you can't get to a point where your vision of a process re-engineered to solve a strategic problem is executable, your path to production is questionable.Masud: I spent the early part of my career at Amazon, and we were always about the inputs and not the outputs. When you focus on the inputs, the single biggest import in your company is your customer. Everything else, honestly, has to take a back seat.The implementation of any gen-AI or AI capabilities is first a crawl. What are the thorniest issues that the company faces today? If you can't solve those in a rapid fashion with the most basic, easy use cases, then trying to go from crawling to walking is a bit of a mirage because you're assuming you'll have some capability when you haven't even solved the most basic issues.What we should be measuring is how to use AI to prevent those issues from happening. That's the focus area for us at HP, through all sorts of mechanisms that we deploy in anomaly detection and remediations that don't require humans to be out of the loop.Zhou: The hardest part is to determine what is the problem. The No. 1 thing for me is that once you determine that, then, based on the problem, you can have all kinds of metrics and figure out how to measure the successes. The bottom line is to actually solve the problem in a good way.Cosgrove: How do you keep up with the artificial-intelligence space?Jones: It's constant learning. I would say we all deal with that, but the beauty of technology is it's always changing and evolving, and so I think all of us should focus on continuously learning, evolving, and embracing new ideas and not getting stuck in the same way of dealing with the issues that we have.Masud: I have two older kids, 26 and 22. Both of them code, so they are immensely involved in everything from ChatPRD and <a target="_blank" href="https://www.nytimes.com/2024/02/15/arts/design/aaron-ai-whitney.html">Aaron</a>, and I get links every day from my son on what he is building next. I think this rapid transformation of what [<a target="_blank" class="" href="https://www.businessinsider.com/nvidia-taiwan-tsmc-jensen-huang-china-disruption-2024-9">Nvidia CEO</a>] <a target="_blank" class="" href="https://www.businessinsider.com/nvidia-ceo-jensen-huang-details-ai-infrastructure-roi-goldman-sachs-2024-9">Jensen [Huang]</a> <a target="_blank" href="https://www.tomshardware.com/tech-industry/artificial-intelligence/jensen-huang-advises-against-learning-to-code-leave-it-up-to-ai">said</a>: Not a single line of code is going to be written after next year by a developer. Well, let's see. <a target="_blank" class="" href="https://www.businessinsider.com/nvidia-swift-returns-on-ai-infrastructure-2024-8">Jensen</a> is somebody I follow. Jensen is somebody I have an unbelievable amount of respect for. This is the GOAT.Zhou: So I love the concept of mom tests. If I can explain to my mom or someone who has absolutely no background in tech and then, in the way that I can explain, she can understand, that means I truly get it. And second, I keep up with my developers and many youngsters and crazy ideas, and they help me keep up and then use AI to help me keep up to date for AI development.DeCesare: I've been most inspired to drive the leverage of AI through the company by finding out how people have applied it. So honestly, with anyone that I'm meeting, whether it's on my team or my colleagues at other companies, I'm asking, "Where have you been applying?" and, "What are you learning?" Because it's the use cases that spark most of the creativity, leading me to a new idea of how we could use it in our company.Roese: Your customers will tell you what the problem is. They don't know what the solution is, but you have to listen to them about what the problem and the pain point is to figure out the solution. I spend a great deal of time out with startups and Silicon Valley companies and anybody in academics, anybody I can talk to, not because any of them have the answer but because they expose patterns. So it's very important to talk to the industry and the innovators to see what they're thinking about, even if they don't know what problem they're solving.

Leaders from the CIA, Dell Technologies, HP, SageCXO, and ezCater share how they keep up with AI development 

The generative AI provides more <keyword id="20069513" type="General" weightage="20" keywordseo="opportunity" source="keywords">opportunity</keyword> to the Indian IT sector contrary to the believe of being a threat, highlighted a report by Nuvama Wealth Management. The report noted that although AI <keyword id="19901571" type="General" weightage="20" keywordseo="technology" source="keywords">technology</keyword> may initially disrupt the sector, especially in terms of business operations and billing models, the long-term benefits far outweigh the risks. "We, on the contrary, expect the Indian IT industry to come out stronger from the <keyword id="19906101" type="General" weightage="100" keywordseo="Gen-AI" source="keywords">Gen AI</keyword>-led disruption. We dig deep into various facets of Gen <keyword id="20037918" type="General" weightage="20" keywordseo="AI-adoption" source="keywords">AI adoption</keyword> for enterprises and find that Gen AI would create a mammoth incremental opportunity for <keyword id="20617562" type="General" weightage="20" keywordseo="Indian-IT-services" source="keywords">Indian IT services</keyword>," said the report. The report noted that as more enterprises adopt AI, the need for services such as upgradation of legacy code and data readiness for AI integration will increase, offering Indian IT firms new streams of revenue. The report mentioned one of the most significant opportunities lies in the modernization of <keyword id="21835113" type="General" weightage="20" keywordseo="legacy-systems" source="keywords">legacy systems</keyword>, particularly core banking systems (CBS). It stated that many <keyword id="19912054" type="General" weightage="20" keywordseo="financial-institutions" source="keywords">financial institutions</keyword> still use mainframe systems and outdated programming languages like COBOL. Gen AI enables automated code modernization, which will drive a major demand for Indian IT services to upgrade these systems, creating a long-term revenue stream. "Since most non-Indian (read European) do not have the scale to hire and deploy employees with the ability to code in COBOL (not to mention supply crunch)--they have ceded this opportunity to <keyword id="21817095" type="General" weightage="20" keywordseo="Indian-IT-Services-companies" source="keywords" meta.keywordsubtype="org" meta.entityname="Indian IT Services companies" meta.hostid="261" meta.entityid="Indian IT Services companies">Indian IT Services companies</keyword>" said the report. The report specifically highlighted the "upgradation of legacy code" as a key area of opportunity for IT companies as businesses prepare their systems for AI integration. Gen AI is expected to create new service lines for Indian IT companies, including AI-based <keyword id="19945906" type="General" weightage="20" keywordseo="customer-service" source="keywords">customer service</keyword>, fraud detection, predictive maintenance, and knowledge processing. These AI-driven solutions will allow IT firms to offer higher-value services to clients, boosting revenue and profit margins. "Indian IT companies have always repositioned themselves to continue to do what they do best--service customers. That has provided them with the longevity they have commanded for multiple decades now. We do not see that changing this time as well" the report added. Comparing Gen AI to "a hammer looking for a nail," the report suggested that the technology's applications are still being discovered, but its potential is undeniable. Looking ahead, the report forecasts a strong start to FY25 for Indian IT companies, with growth driven by an optimistic outlook for the Banking, Financial Services, and Insurance (BFSI) sector, increasing technology spending, and large deal ramp-ups.

Gen AI to unlock a "mammoth incremental opportunity" for Indian IT services: Report

<ul class="summary-list"><li>Hewlett Packard Enterprise and Nvidia are teaming up to simplify generative-AI adoption.</li><li>The product integrates Nvidia AI computing with HPE's storage, computing, and cloud offerings.</li></ul>Companies see the <a target="_blank" href="https://www.mckinsey.com/capabilities/quantumblack/our-insights/the-state-of-ai">potential of generative AI</a> in streamlining tasks and creating efficiencies across their businesses. But they don't always have the knowledge or resources to start using the technology.Hewlett Packard Enterprise and Nvidia recently announced a portfolio of AI solutions, called <a target="_blank" href="https://www.hpe.com/us/en/newsroom/press-release/2024/06/hewlett-packard-enterprise-and-nvidia-announce-nvidia-ai-computing-by-hpe-to-accelerate-generative-ai-industrial-revolution.html">Nvidia AI Computing by HPE</a>, to make it easier for companies of all sizes to adopt AI.Fidelma Russo, the chief technology officer and executive vice president of hybrid-cloud business at HPE, said the solution came about after the company learned that most of its customers were interested in <a target="_blank" class="" href="https://www.businessinsider.com/chatgpt-openai-ai-dictionary-help-understand-nvidia-2023-12">generative artificial intelligence</a> and wanted to implement it quickly. "But there are a lot of barriers to getting started quickly," she said.The product integrates Nvidia AI computing, networking, and software with HPE's AI storage, computing, and cloud offerings. Russo said it uses templates and a drag-and-drop experience to make it easy for users without expertise to develop AI models.The tool is in beta testing and set to be available in the fall, she said. Business Insider spoke with Russo about how the HPE-Nvidia product could help companies <a target="_blank" class="" href="https://www.businessinsider.com/companies-using-ai-bain-survey-roi-2024-6">overcome AI challenges</a>.The following has been edited for length and clarity.What pain points do businesses face when implementing AI?You have to get <a target="_blank" class="" href="https://www.businessinsider.com/ai-training-data-source-solutions-openai-meta-google-2024-4">a lot of data</a> together to feed this new technology — generative AI. That's one barrier. No. 2 is you have to figure out <a target="_blank" class="" href="https://www.businessinsider.com/how-companies-are-using-ai-generative-ai-daily-tasks-automation-2024-1">how to use the new technology</a>. And No. 3 is you have a lot of <a target="_blank" class="" href="https://www.businessinsider.com/microsoft-plans-spend-more-ai-infrastructure-capex-earnings-azure-chips-2024-4">infrastructure</a> that you have to get set up.We can help eliminate a lot of those pain points with this product. It helps you bring together your data quickly with a number of the technologies that we have. It brings together our software assets so that you can get up and running fast with a few clicks. It helps eliminate a lot of the mistakes that you can make along the way by having the whole thing automated so that many of the human steps are taken out of the way.How does the product work?If you want to deploy a <a target="_blank" class="" href="https://www.businessinsider.com/deloitte-introduces-ai-chatbot-to-assist-staff-with-daily-tasks-2024-1">gen-AI chatbot</a>, for example, you typically have to decide what kind of model to use. You have to get all of your data together and all of your <a target="_blank" class="" href=" https://www.businessinsider.com/artificial-intelligence-data-privacy-on-premises-information-technology-solutions-2024-8">hardware and software</a>, including storage and graphics processing units, from somebody like HPE or Nvidia and set it all up. Maybe after six to nine months, you would have a trained model that's going to work.What we've done with Nvidia is have these pre-canned models, and they've been potentially pretrained. You bring along your own data and personalize it. Your chatbot or other AI model is up and running in a fraction of the time.It's driven by drag and drop and templates. It's very easy to use. You don't have to move your data; it can stay where it is. We have a data fabric that goes out and points to your data.We really focused on making sure this is easy for people to navigate and taking the mystery out of using these gen-AI models and getting you to what you're trying to do.What benefits does the product offer businesses?It's all-around productivity for businesses. The promise of gen AI is about getting usefulness from all of the data that everybody has across their business. It's using gen AI to take all the knowledge that companies have generated over many years and do the mundane activities very quickly — such as to increase <a target="_blank" class="" href="https://www.businessinsider.com/verizon-is-using-generative-ai-to-streamline-business-relationships-2024-7">customer service</a> or to help developers generate code faster.A company using the technology ends up with a significant competitive advantage within an industry. That's why they want to leverage gen AI.The data that companies have is so important. One of the hardest things about implementing gen AI is getting at your data, and we can help you access your data. This is one of the problems that we have solved to help customers get started on this journey.

A new AI portfolio from Hewlett Packard Enterprise and Nvidia could help companies adopt the tech faster — HPE's CTO shares how

New Delhi [India], July 11 (ANI): <keyword id="21467964" type="General" weightage="20" keywordseo="Indegene" source="keywords" meta.keywordsubtype="org" meta.entityname="Indegene" meta.hostid="266" meta.entityid="Indegene">Indegene</keyword> partnered with <keyword id="19895622" type="General" weightage="20" keywordseo="Microsoft" source="keywords" meta.keywordsubtype="org" meta.entityname="Microsoft" meta.hostid="266" meta.entityid="Microsoft">Microsoft</keyword> on Thursday to leverage <keyword id="19896272" type="General" weightage="100" keywordseo="Generative-AI" source="keywords">generative AI</keyword> for the <keyword id="21988347" type="General" weightage="20" keywordseo="medical-industry" source="keywords">medical industry</keyword>, the company informed the exchange in a filing. The partnership aims to help empower global <keyword id="19992819" type="General" weightage="20" keywordseo="life-sciences" source="keywords">life sciences</keyword> companies to scale up the adoption of enterprise-grade Generative <keyword id="6355999" type="General" weightage="20" keywordseo="AI" source="Orion">AI</keyword> (GenAI) services, driving faster innovation. Indegene provides digitally enabled commercialization services for the life sciences sector, emerging biotech, and medical device firms. "GenAI presents a once-in-a-decade opportunity for life sciences companies to modernize business processes and reimagine the effectiveness and efficiency of their operations throughout the value chain. Using GenAI, we're closely working with many of our clients to solve specific business problems, with nearly 50 real-world use cases already in an advanced pilot stage", said Tarun Mathur, CTO, of Indegene. Both companies have committed to developing resources in highly specialized medical and technology tools to co-innovate generative <keyword id="20411515" type="General" weightage="20" keywordseo="AI-services" source="keywords">AI services</keyword> and workflows across commercial, medical, regulatory, and clinical functions. "With a focus on the right use cases, a responsible and compliant approach to scaling up, and shared learnings, we put generative AI to work for our clients", added Tarun. Under the agreement, one of the key initiatives is the Content Super App, which uses Azure OpenAI Service. This modular content value chain simplifies content creation and tagging for life sciences companies, offering a comprehensive view of the content process. It enhances content creation speed, personalizes content, and introduces new conversation formats. Additionally, it streamlines creative and video transformation, effectively engaging healthcare professionals, patients, and payers. Generative AI capabilities are also revolutionizing the medical content value chain. Indegene's solutions accelerate the authoring of key documents like Clinical Study Reports (CSRs) and Protocols by sourcing content from relevant literature. This ensures compliance across clinical and regulatory domains. "Generative AI is profoundly shaping every industry, including life sciences, by offering unprecedented avenues for <keyword id="21146848" type="General" weightage="20" keywordseo="healthcare-technology" source="keywords">healthcare technology</keyword> advancements. According to a Microsoft-commissioned study conducted by IDCi, a staggering 79 per cent of healthcare organizations have now embraced AI. This demonstrates that the tangible business value of this transformation is indisputable" said Alok Lall, Chief Operating Officer, Microsoft India &amp; South Asia. In terms of data management and analytics for clinical trials, Indegene's solutions, using Microsoft Fabric, enhance data ingestion and refinement processes. It also facilitates effortless reporting and ensures governance. The company added that the agreement results in proficient analytics, compliance adherence, and agility in business operations, providing a competitive advantage in the marketplace.

Indegene ties up with Microsoft to leverage generative AI for the Medical Industry, drive faster innovation

About 68 per cent of IT leaders stated they are gearing up for an increase in <keyword id="107950" type="General" weightage="20" keywordseo="artificial-intelligence" source="Orion">Artificial Intelligence</keyword> (AI) spending over the next 12 months, a new report has revealed. According to the CIO&amp;Leader Annual State of Enterprise Technology report, the versatility of AI is prompting businesses to explore diverse applications in the context of business operations, driving growing interest in using AI. The surge in <keyword id="4292290" type="General" weightage="20" keywordseo="ai-investment" source="Orion">AI investment</keyword> can be attributed to successful outcomes of pilot projects, with 25 per cent of participants forecasting a substantial rise in spending, 43 per cent anticipating a moderate increase, and only 15 per cent are undecided about future spending on AI and Machine Learning. "The marked increase in <keyword id="10028486" type="General" weightage="20" keywordseo="ai-spending" source="Orion">AI spending</keyword> reflects a fundamental shift in enterprise technology investment strategies. It highlights the growing realisation of the transformative impact of AI on business operations and its tangible benefits," said R Giridhar, Group Editor and Head of Research at 9.9 Group. The report surveyed over 300 IT decision-makers from India's top organisations, between July and September 2023. The survey underlined the substantial enhancement of <keyword id="6642321" type="General" weightage="20" keywordseo="ai-capabilities" source="Orion">AI capabilities</keyword>, driven by increased availability of data and cloud-enabled processing power. While business functions like IT operations, sales and marketing, and customer service have been quick to leverage the benefits of <keyword id="7161942" type="General" weightage="20" keywordseo="ai/ml" source="Orion">AI/ML</keyword>, the report noted that supply chain, HR and finance-related processes also have a good potential for using specialised AI/ML solutions. "This survey highlights AI's pivotal role in generating insights, optimising decision-making, and elevating customer experiences. It reflects AI's evolution from a technological tool to a strategic business growth catalyst," said Jatinder Singh, Executive Editor at CIO&amp;Leader. Moreover, the report mentioned that more than one-half of the respondents cited the challenge of selecting the correct technology as a significant barrier to scaling AI deployments. Additionally, 54 per cent of participants are concerned about protecting AI systems from cyber threats, particularly in critical applications. Ensuring AI's compliance with emerging regulatory standards is another significant concern that was highlighted by nearly half of the participants.

Indian enterprises to up AI spending by 68% in 2024: Report

Chipmaker <keyword id="20004922" type="General" weightage="20" keywordseo="AMD" source="keywords" meta.keywordsubtype="org" meta.entityname="AMD" meta.hostid="261" meta.entityid="AMD">AMD</keyword> is poised to power the surging demand for <keyword id="21517898" type="General" weightage="20" keywordseo="AI-compute" source="keywords">AI compute</keyword> with its wide range of product portfolio, the company's Chief <keyword id="19901571" type="General" weightage="20" keywordseo="technology" source="keywords">Technology</keyword> Officer Mark Papermaster said on Friday. AI compute refers to processing of data using artificial intelligence or machine learning algorithms. Marking 55 years of AMD (Advanced Micro Devices), Papermaster in a blog post looked back on five years of growth and innovations at the company, while also looking ahead to the next five years. He said the future of technology will be born from open ecosystems and deep industry partnerships that drive true innovation. "We're in a unique position to power increased demand for AI compute based on our broad portfolio of compute engines, deep relationships with customers across a diverse set of markets, and open software capabilities. We have a strong foundation of <keyword id="20053383" type="General" weightage="20" keywordseo="data-centre" source="keywords">data centre</keyword> products and customer collaboration across cloud and enterprise, and leadership products for AI PCs," he wrote. He said AMD has shifted from unique product silos to a modular IP portfolio, connected by a single AI software stack for easy deployment, and called it a 'holistic design approach'. "We need to speed our development by using more AI applications in our internal workflows to boost our productivity...We look forward to discovering new methods to optimise efficiency and experiment with new technologies that have potential," he said, adding that AI is poised to become more ubiquitous and consequential than the advent of the Internet. Papermaster further said that AMD will make some 'exciting' announcements at Computex (Taipei), an annual computer exhibition set to be held in June this year. Looking back, he said, "We made the call over a decade ago to leverage our strength and heritage in high-performance computing and invest for the future. Those bets have paid off as all our markets now demand the utmost in compute efficiency (performance per Watt of energy expended), and AI enablement. "...Our growth hasn't come overnight. AMD technology powers the daily lives of billions of people around the world, and in the last five years we've expanded the number of markets we serve." He said that the IT corporation has steadily increased investments in research and development for the past five years to be in line with the growing demand for compute performance and efficiency. "...Our research and development investment has nearly quadrupled, from USD 1.5 billion in 2019, to USD 5.9 billion in 2023, and we plan to continue to invest in developing groundbreaking technologies that show early promise," he said. He added that since 2019, AMD and the <keyword id="20149900" type="General" weightage="20" keywordseo="semiconductor-industry" source="keywords">semiconductor industry</keyword> have grown tremendously. "Global sales of semiconductors grew from USD 412.3 billion in 2019 to USD 574.1 billion in 2022, and are estimated to grow to USD 1 trillion by 2030," he said, adding that AMD is positioned to service the insatiable demand for more computing capacity. He said the company's headcount has more than doubled in the past five years. "Xilinx was the largest semiconductor acquisition when completed in 2022 adding incredible talent, leadership IP, and market expansion to adaptive compute markets with deep customer relationships," he said. Earlier this month, AMD posted its revenue at USD 5.47 billion (about Rs 45.6 crore) for the first quarter of 2024, up 2 per cent against the year-ago period. "AMD started the year strong, delivering record quarterly data centre segment revenue," AMD's EVP, CFO and Treasurer Jean Hu had said. "In addition, we drove solid gross margin expansion. Moving forward, we are well positioned to continue driving revenue growth and margin improvement while investing in the large AI opportunities ahead." SEE ALSO:<a href="https://www.businessinsider.in/tech/mobile/news/global-smartphone-shipments-grow-by-6-in-q1-2024-samsung-retakes-the-top-spot/articleshow/109817280.cms" target="_blank"></a> <a href="https://www.businessinsider.in/tech/mobile/news/global-smartphone-shipments-grow-by-6-in-q1-2024-samsung-retakes-the-top-spot/articleshow/109817280.cms" target="_blank">Global smartphone shipments grow by 6% in Q1 2024, Samsung retakes the top spot</a><a href="https://www.businessinsider.in/business/auto/news/electric-two-wheeler-sales-crater-in-april-2024-as-prices-increase-amid-reduced-subsidies/articleshow/109806054.cms" target="_blank"></a> <a href="https://www.businessinsider.in/business/auto/news/electric-two-wheeler-sales-crater-in-april-2024-as-prices-increase-amid-reduced-subsidies/articleshow/109806054.cms" target="_blank">Electric two-wheeler sales crater in April 2024 as prices increase amid reduced subsidies</a><a href="https://www.businessinsider.in/business/auto/webstories/bajaj-pulsar-ns400z-launched-at-1-85-lakh-becomes-cheapest-400cc-bike-in-the-country/slidelist/109810458.cms" target="_blank"></a> <a href="https://www.businessinsider.in/business/auto/webstories/bajaj-pulsar-ns400z-launched-at-1-85-lakh-becomes-cheapest-400cc-bike-in-the-country/slidelist/109810458.cms" target="_blank">Bajaj Pulsar NS400Z launched at ₹1.85 lakh, becomes cheapest 400cc bike in the country</a>

AMD set to fuel growing demand for AI compute, says CTO

<ul><li>The overall IT expenditure has been greatly impacted by this new work-from-home or hybrid culture, especially as the tech hirings have hit record levels. </li><li>Remote working culture has brought with it an expanding cyber risk landscape. </li><li>The hybrid work model has given birth to popular concepts like hoteling and hot-desking. </li></ul>The COVID-19 pandemic-induced remote working culture has seen many businesses realigning their IT budgets to adapt to the hybrid working model. In the current market scenario, cost optimization is more important than ever for a company to improve its finances and stay afloat. The leaders must be capable of thinking outside the box to survive the crisis. In the current scenario, the one crucial question facing every IT leader is this: Will the hybrid working model save costs? <cmsannotation type="cmsannotation" annotationid="Data references for better decision-making" comment="subhead" text="Data references for better decision-making">Data references for better decision-making</cmsannotation> The overall IT expenditure has been greatly impacted by this new work-from-home or hybrid culture, especially as the tech hirings have hit record levels. This has been confirmed by the latest survey released by <a href="https://www.cio.com/article/309702/it-spending-growth-slows-as-remote-work-proliferates.html?utm_source=Adestra&amp;utm_medium=email&amp;utm_content=Title%3A%20IT%20spending%20growth%20slows%2C%20as%20remote%20work%20proliferates&amp;utm_campaign=CIO%20US%20First%20Look&amp;utm_term=CIO%20US%20Editorial%20Newsletters&amp;utm_date=20220601155638&amp;huid=a025bbd9-817b-49e1-86e7-9927a04f9ff8">Enterprise Technology Research (ETR).</a> According to the most recent edition of ETR's Technology Spending Intentions Survey (<keyword id="13973937" type="General" weightage="80" keywordseo="tsis" source="Orion">TSIS</keyword>), which is released quarterly, demand for IT personnel is at an all-time high. The TSIS report's results are consistent with figures from the <keyword id="121124" type="General" weightage="50" keywordseo="us-bureau-of-labor-statistics" source="Orion">US Bureau of Labor Statistics</keyword>, which predicts a <a href="https://www.bls.gov/ooh/computer-and-information-technology/home.htm">667,600 </a>increase in IT positions in the US between 2020 and 2030, a 13% annual growth rate. What areas will take precedence in companies’ IT spending? <cmsannotation type="cmsannotation" annotationid="The IT expenditure priorities" comment="subhead" text="The IT expenditure priorities">The IT expenditure priorities</cmsannotation> <ol><li>Cyber security: Remote working culture has brought with it an expanding cyber risk landscape. A sudden shift to remote working has accelerated the demand for more stringent <keyword id="6361948" type="General" weightage="80" keywordseo="cybersecurity" source="Orion">cybersecurity</keyword> measures. Cybersecurity is the top priority for most organisations. </li><li>Networking: Networking has seen the most significant increase in enterprise priority. The emphasis on remote work has prompted the prioritisation of networking equipment and the consequent stiffening of demand with insufficient supply. Hence, companies are struggling to acquire networking gear. </li><li>Cloud migration and analytics/data warehousing are also deemed highly significant. </li></ol>To summarise, the recent increase in the number of cyberattacks, as well as their targeting of remote workers, is the driving force behind many recent IT investment decisions. Since the pandemic, cybersecurity has been regarded as the top priority. New security problems have arisen as a result of the tremendous spread of assaults and the need to accommodate distant employees, which accounts for some of the increased focus on security. Work-from-home numbers are also beginning to level down, which could explain the increase in network spending. <cmsannotation type="cmsannotation" annotationid="The Budget Cut Option" comment="subhead" text="The Budget Cut Option">The <keyword id="841422" type="General" weightage="50" keywordseo="budget-cut" source="Orion">Budget Cut</keyword> Option</cmsannotation> <ul><li>A survey from <a href="https://globalworkplaceanalytics.com/whitepapers">Global Workforce Analytics</a> found that in a hybrid arrangement, a typical US firm could save up to $10,767 per person.</li></ul><ul><li>Plus, the overhead expenditures, such as providing employee amenities, have also decreased substantially as well.</li></ul><ul><li>Businesses are now free from having to keep up with the pre-pandemic desk count because most workers work from home, guaranteeing more savings.</li></ul>All these savings make a strong case for considering the hybrid model on a more permanent basis. <cmsannotation type="cmsannotation" annotationid="How much does it cost to set up a hybrid workplace?" comment="subhead" text="How much does it cost to set up a hybrid workplace?">How much does it cost to set up a hybrid workplace?</cmsannotation> Businesses are invested in the success of the hybrid work paradigm. However, in order to succeed, one must first comprehend the financial ramifications. The hybrid work model has given birth to popular concepts like hoteling and hot-desking. On the busiest days, a hybrid-modelled office should have a maximum occupancy of about <a href="https://www.workinsync.io/how-much-does-it-cost-to-setup-a-hybrid-workplace">60%</a>. Plus, the business can get rid of desks that are rarely used. Cubicles are also becoming obsolete. Instead, employees want private pods that they may use when they want to get away from the office humdrum. Employees are increasingly coming to work for the purpose of collaboration. This is in line with the requirement for conference rooms and open, collaborative areas. So, as per experts, these, along with the basics like wi-fi, lighting and sanitation would cost roughly £200/$204 per employee per month for refurbished offices. And, that’s surely a fair deal to consider. <cmsannotation type="cmsannotation" annotationid="A win-win" comment="subhead" text="A win-win">A win-win</cmsannotation> To conclude, the hybrid working culture is excellent for lowering costs. Furthermore, it is likely to appeal to a wide range of employees, boosting their productivity and satisfaction. However, only organisations that completely comprehend it, and have weighed its pros and cons have a chance of succeeding in this long-drawn race.

The impact of hybrid working models on enterprise IT budgets

Unlocking the cloud for the enterprise workforce

<ul><li><keyword id="186684" type="General" weightage="100" keywordseo="iit-guwahati" source="Orion">IIT Guwahati</keyword> sets up a technology incubation centre to encourage its students to transform their business ideas into businesses.</li><li>The centre will provide technical support, business mentoring, and a soft loan facility.</li><li>The centre also focuses on the empowerment of women in terms of entrepreneurship; it has partnered with NSRCEL-IIMB for Women Startup Program (WSP).</li></ul>To encourage its student entrepreneurs, the <keyword id="666878" type="General" weightage="20" keywordseo="Indian-Institute-of-Technology-Guwahati" source="Orion">Indian Institute of Technology Guwahati</keyword> (IITG) has created a technology incubation centre (TIC), which will provide a place for students to transform innovative ideas into viable business propositions on campus. The centre will also provide technical support, business mentoring, and a soft loan facility (subject to availability). It aims to promote advancement in science and technology, traditional knowledge and biodiversity resources; facilitate a platform for entrepreneurship and incubating research mindset for the development of society; and create an interface among researchers, technocrats, and industries. “IIT Guwahati through the TIC has embarked on encouraging the students, faculty, staff and other entrepreneurs to provide necessary technological guidance and convert their ideas into products and technology that will be useful to the society and make the country Atmanirbhar,” said Prof. T.G. Sitharam, director, IIT Guwahati. These incubated startups will work in different sectors such as robotics, information technology, water, oil sector, biotechnology, machine learning, internet of things, renewable energy, home automation and logistics, among other sectors. The Institute said that its incubation centre is recognised by the Ministry of <keyword id="6464993" type="General" weightage="20" keywordseo="micro" source="Orion">Micro</keyword>, <keyword id="6372449" type="General" weightage="20" keywordseo="small" source="Orion">Small</keyword>, <keyword id="4022726" type="General" weightage="20" keywordseo="and-medium-enterprises" source="Orion">and Medium Enterprises</keyword> (MSME), Government of India. The grant assistance from The <keyword id="694074" type="General" weightage="50" keywordseo="technology-development-board" source="Orion">Technology Development Board</keyword>, under the Ministry of Science and Technology, Government of India, has also been approved to support startups, it added. It connects to a pool of experts in terms of faculties, funding agencies such as <keyword id="56072" type="General" weightage="50" keywordseo="oil-india-limited" source="Orion">Oil India Limited</keyword> (OIL) and Numaligarh Refinery Limited (NRL), among others, and other financial institutions like Indian Bank and YES bank. The centre also focuses on the empowerment of women in terms of entrepreneurship; it has partnered with NSRCEL-IIMB for Women Startup Program (WSP). It has also partnered with Innovations for Defence Excellence (iDEX) in building the ecosystem for startups to interact with the Indian Defence establishment. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/personal-finance/fintech-company-moneyplanned-raises-over-2-5-crore-from-inflection-point-ventures-others/articleshow/94298456.cms">Fintech company MoneyPlanned raises over ₹2.5 crore from Inflection Point Ventures, others</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/india/news/is-covid-19-finally-over-in-india-this-is-what-who-and-experts-have-to-say/articleshow/94298319.cms">Is Covid-19 finally over in India? This is what WHO and experts have to say</a>

You Searched For "enterprise technology" and got 13 results

Synology introduces new enterprise solutions, reports significant growth in India

Sourabh Jain

IBM to launch GenAI Innovation Center in Kochi

PTI

Consumer goods, auto and healthcare sector to expand but energy may face challenge in 2025: Report

ANI

EBITDA of Adani Group companies surged by 32.87% year-on-year to ₹22,570 crore

ANI

Leaders from the CIA, Dell Technologies, HP, SageCXO, and ezCater share how they keep up with AI development

Helen Li,Emma Cosgrove

Gen AI to unlock a "mammoth incremental opportunity" for Indian IT services: Report

ANI

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