Category — Information Technology

Arrow Electronics to Acquire India-Based eInfochips

Centennial CO-headquartered Arrow Electronics entered into a definitive agreement to acquire product engineering and software R&D services company eInfochips Ltd, headquartered both in Ahmedabad, India and San Jose, California. After the acquisition, which is likely to close this month, eInfochips will act as a fully-owned subsidiary of Arrow Electronics.

Pratul Shroff, founder and CEO of eInfochips said, “This [acquisition] brings a $23.8 billion revenue Fortune 118 corporation to Ahmedabad, Gujarat – which is a matter of immense pride to all of us at eInfochips.” He added that the deal will allow the company to leverage synergies between its engineering capabilities and digital offerings with Arrow’s electronics and enterprise products and solutions, and digital operations, including in IoT.

Computer Chip

“Upon close of this acquisition, eInfochips advances our IoT strategy, expands our offerings, and moves us into the rapidly growing IoT services market. This acquisition adds over 1,500 IoT solution architects, engineers, and software development resources to Arrow’s already leading position in IoT design services,” said Michael J. Long, chairman and chief executive officer at Arrow.

January 9, 2018   No Comments

Nielsen Renews $2.25 Billion Contract with India’s TCS

Mumbai-based Tata Consultancy Services Ltd (TCS) won a $2.25 billion contract, the largest ever for an Indian information technology firm, from U.K.-based television ratings measurement company Nielsen. Under this contract, TCS is assured of $320 million in business from Nielsen every year, beginning 2017 through 2020, $186 million in annual revenue from 2021 through 2024 and $139.5 million in 2025, according to a regulatory filing made by Nielsen to the U.S. Securities and Exchange Commission.

TCS will globally provide Nielsen with professional services relating to information technology (including application development and maintenance), business process outsourcing, client service knowledge process outsourcing, management sciences, analytics, and financial planning, reports LiveMint.

TCS Logo

“This is a milestone contract given not only the depth of the contract but also the breadth of services,” said Ray Wang, founder and CEO of Constellation Research, a technology advisory firm. “TCS did a good job of managing longer-term costs and gaining some cost efficiencies while renewing a longer contract. There is also upside in the long run as this is more of a strategic partnership than outsourcing contract.

December 23, 2017   No Comments

Indian Startup Uses Artificial Intelligence to Detect Breast Cancer

NIRAMAI, an acronym for Non-Invasive Risk Assessment with Machine Intelligence, uses thermography and machine learning to detect early signs of breast cancer. Founders of Bangalore-based startup Niramai Health Analytix, Dr. Geetha Manjunath, a PhD in computer science and Nidhi Mathur an MBA from the Indian Institute of Management, Bangalore, developed an AI-led diagnostic platform that uses patented thermal image processing and machine learning algorithms for reliable and accurate breast cancer screening.

Cancer Screening Images by Niramai

Cancer Screening Images by Niramai

This method of screening can detect tumors 5 years before mammography or a clinical exam can. The portable and  screening tool, called SMILE, has been tested on data from 300 patients, and results indicate an accuracy comparable to current diagnostics available. The AI and ML algorithms for the analysis of thermal images have resulted in 2 granted U.S. patents and many more patent applications.

“Our method of breast cancer screening can detect tumors 5 times smaller than what clinical exams can detect, is painless, non-contact and free of any radiation, apart from being low-cost, and universally accessible. With our solution, women of all age groups can undergo frequent screening without any side-effects. We are addressing a huge breast cancer screening market with the equipment market alone expected to reach $4.14 billion by 2021,” says Niramai.

December 18, 2017   No Comments

Alphabet’s X Will Provide Internet to Rural Andhra Pradesh

Alphabet Inc’s X research division said that the state government of Andhra Pradesh in India will buy its newly developed technology that has the potential to provide high-speed wireless internet to millions of people without laying cable.

Andhra Pradesh currently has a population of 53 million  people, of which only 15 million have access to the internet, and its government wants to connect an additional 12 million households by 2019. This partnership will also boost the state’s digital infrastructure and help overcome hindrances in terms of connecting isolated and difficult terrain, forest areas, river crossings, and railway crossings.

Map of Andhra Pradesh

Map of Andhra Pradesh

 

2,000 boxes  will be installed as far as 12 miles apart on posts and roofs to bring a fast internet connection to populated areas. Reuters reports that X plans to deploy free space optical technology which transmits data through light beams at up to 20 gigabits per second between the rooftop boxes.

Baris Erkmen, who is leading the effort inside X, said his team is “piloting a new approach” to overcome the challenges, but he did not specify the software and hardware advancements. X plans to set up a local office with the help of the Government of Andhra Pradesh in order to provide real time support to the project.

December 15, 2017   No Comments

Google Shortlists Four Indian Startups for Accelerator

Google shortlisted four startups from India for its fifth mentorship program Launchpad Accelerator that will begin on January 29, 2018, at the Google Developers Launchpad Space in San Francisco. Launchpad Accelerator is a six-month program from Google that includes an intensive two-week bootcamp in San Francisco and mentoring from more than 30 teams across Google as well as from other expert mentors from technology companies and venture capitalists in Silicon Valley and across the world.

A smartphone with Start Up displayed on it

 

The companies selected from India, as reported by the Economic Times, are:

BabyChakra — A Mumbai-based social discovery and commerce platform for parents that aims to help them with all their pregnancy, parenting, maternity, baby development and childcare needs.

m.Paani — A real-time data analytics and marketing platform for companies and local retailers to connect with consumers.

Niramai — A breast cancer screening startup that is building a non-invasive, non-touch, non-radiation approach to detect breast cancer.

SocialCops — A data intelligence startup that enables organizations to make better data-driven decisions. It counts various government departments, organizations, and nonprofits as customers.

We’re thrilled to see the quality of startups coming from India, with high impact solutions that are solving for the Indian context. These startups have been shortlisted based on their unique value proposition and use of latest technologies like Machine Learning and Artificial Intelligence” said Roy Glasberg, Global Lead, Google Developers Launchpad.

December 11, 2017   No Comments