Connect with us

Latest News

Nasscom Plans To Set Up CoE For IoT In Hyderabad

Published

on

nasscom, nasscom plans to set up CoE for iot in hyderabad, nasscom hyderabad, nasscom plans to set up iot CoE in hyderabad, IT Industry,Startups,Technology,Centre of Excellence, Centre of Excellence, BVR Mohan Reddy, key vobjectives of CoE

Hyderabad’s IT sector is currently roaring high with many startup companies evolving in the city and also major IT firms grounding in. After the city was selected as the Centre of Excellence (CoE) by Nasscom (National Association of Software and Services Companies) on big data and analytics, now it is all gearing up to set up another CoE for IoT (Internet of Things.)

The first CoE for IoT was set up in Bengaluru, Hyderabad becomes the second city for IoT in India. Nasscom was established in 1988 and is a trade association of Indian Information Technology and Business Process Outsourcing Industry.

B.V.R. Mohan Reddy, Sector Skill Council Chairman, Nasscom, said in an interview: “We have already set up one of the IoT CoEs in Bengaluru. The Union government is looking at setting up more and Hyderabad is one of the cities. If you look at IoT, it is one of the game-changing technologies that can have a tremendous impact in many verticals such as retail, e-governance, and healthcare among others.”

This set up will be a PPP type (Public Private Partnership) which means, half of the funding comes from the central government and the other half from the industry.

“We are waiting for an approval from the central government, once it is approved, we will request for space from the state government,” said Sanjeev Malhotra, CEO, IoT Centre Of Excellence. Nasscom will need 10,000 to 15,000 sqft., Space to establish a CoE.

Key Objectives of the CoE:

  • To build a strong startup ecosystem for Internet Of Things.
  • To boost research and development area of the startup and to reduce the R&D cost.
  • To make India’s leadership position better in the emerging areas by providing indigenous solutions.

Sanjeev Malhotra shares his thoughts saying: “There will be some common layers where there will be labs in all the CoEs where startups can come and work. But each CoE will have a separate focus area. There will also be some specific areas around specific verticals. We are not trying to become another T-Hub. We are only going to deal with startups that will be working on the deep technology.”

Well, if you are IT savvy, then make Hyderabad your destination, we say.

Continue Reading
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest News

PayU Gets Final RBI Nod to Operate as Payment Aggregator Ahead of 2025 IPO

Published

on

PayU

PayU India, owned by Prosus, has received final approval from the Reserve Bank of India (RBI) to operate as an online payment aggregator, a year after getting in-principle approval in April 2024. This authorization allows PayU to onboard new merchants and offer digital payment solutions, joining other major players like Razorpay, CCAvenue, and BillDesk.

The RBI’s nod comes as PayU prepares for its planned IPO in the second half of 2025, following a delay from its original 2024 timeline due to market conditions. The company, which serves over 450,000 merchants, reported $319 million in revenue from its core payments and credit business in the first half of FY25.

PayU stated that the approval will help it build a resilient, compliant, and innovation-driven institution, supporting merchants of all sizes and advancing the Digital India vision. The company has also strengthened its risk management and expanded its presence in real-time payments through a strategic stake in Mindgate Solutions.

Continue Reading

Latest News

Google’s Iconic ‘G’ Logo Gets First Update in 10 Years

Published

on

Google has refreshed its iconic ‘G’ logo for the first time in nearly 10 years, replacing the familiar solid blocks of red, yellow, green, and blue with a smooth, vibrant gradient that blends these colors seamlessly. This subtle update gives the logo a softer, more fluid, and modern appearance, aligning with Google’s evolving digital identity and current design trends.

The new gradient transitions smoothly from red to yellow, yellow to green, and green to blue, making the logo more visually appealing and adaptable across various devices, especially on mobile platforms. This redesign also reflects Google’s growing emphasis on artificial intelligence, echoing the gradient style used in the branding of Google Gemini, the company’s AI-generative assistant.

The updated ‘G’ logo has started rolling out on iOS through the Google Search app and on some Android devices, particularly Pixel phones running the Google app beta version 16.18. However, most other platforms, including the web and non-Pixel Android devices, still display the classic solid-color logo. A wider rollout is expected in the coming weeks.

So far, Google’s main wordmark and other product logos like Chrome, Maps, and Gmail remain unchanged. Given the shift toward gradient designs and AI-inspired visuals, similar updates to other Google icons may follow in the future.

In summary, this first major update to the ‘G’ logo since 2015 signals a subtle but meaningful shift in Google’s branding strategy, blending tradition with innovation as the company deepens its focus on AI and modern design aesthetics.

Continue Reading

Latest News

Ixigo Halts Bookings for Flights and Hotels to Turkey, China

Published

on

Ixigo_StartupStories

Indian online travel platform ixigo has suspended all flight and hotel bookings to Turkey, China, and Azerbaijan in response to these countries expressing support for Pakistan after India’s military strikes-dubbed ‘Operation Sindoor’-against terror bases in Pakistan and Pakistan-Occupied Kashmir. The move, announced by CEO Aloke Bajpai on X, was described as an act of solidarity with India during heightened diplomatic tensions following the Pahalgam terror attack.

ixigo’s decision aligns with similar actions by other Indian travel companies, including EaseMyTrip and Cox & Kings, which have also restricted travel services to Turkey, China, and Azerbaijan. The suspensions come amid widespread calls for boycotts after these countries condemned India’s military response and backed Pakistan.

The travel industry’s collective response underscores how geopolitical developments are influencing business decisions, with Indian companies emphasizing national interests and unity in the face of international criticism

 

Continue Reading
Advertisement

Recent Posts

Advertisement