Finance

Meta to become Mega Cyber Security player: Venu Peruri

We want to be biggest Cyber Security solution provider for the large enterprises by 2021, says Venu Gopal Peruri, CEO, Meta Infotech.

Teradata: Stop buying analytics, invest in answers

The company is leading this effort from its San Diego campus which, as of today, is Teradata’s new global headquarters.

SailPoint appoints APAC channel sales director

Former ​IBM A/NZ channel sales manager Craig McGregor has joined US-based identity security vendor, SailPoint as its first Asia Pacific channel sales director.

Flipkart enters Insurance market, beginning with mobile phones

Consumer data insights and tech will enable insurance partners to underwrite better and also help in improving overall operating efficiencies for new age products

Australia and US strike deal to share fintech trends and developments

Information-sharing on fintech market trends will be easier between Australian and US companies as a result of a new agreement signed.

Cognizant to acquire Softvision

The transaction is expected to close in the fourth quarter of 2018 subject to the satisfaction of the closing conditions, including regulatory review.  Terms are not being disclosed.

ICICI Bank MD and CEO Chanda Kochhar steps down

Chanda Kochhar resigns with immediate effect and Sandeep Bakshi will be the new MD and CEO of ICICI Bank. 

Mobile solution spending set to reach USD 542B across Asia Pacific

Investment in mobile solutions is expected to hit US$542 billion in Asia Pacific in 2018, as regional businesses look to become 'mobile first'.

Jim Barkdoll: TITUS looks at India market as fastest growth opportunity

Fresh from investments through Blackstone Ventures, data protection company TITUS is on the growth mode globally, and particularly in India, says Jim Barkdoll, CEO of TITUS.

DXC Technology builds up Salesforce strength with System Partners buy

​DXC Technology is building up its digital transformation and cloud-first approach through acquiring Salesforce platinum partner, System Partners in A/NZ

The ubiquity of AI/ML in business plans

Investors are seeing a very high proportion of business plans that leverage AI/ML – to the point where many do not point out that they use AI/ML; they simply refer to applications in slides towards the middle of the presentation.  Something that is representative of the ubiquity of AI/ML and a trend that we are excitedly embracing.

Channel set to capitalise as cognitive and AI spending grows

Spending on cognitive and AI systems is forecast to grow at a “rapid pace” during the next four years, as customers initiate full-scale deployments.