Telecom operator Bharti Airtel has acquired around 7 per cent stake in cloud-based networking solutions provider Cnergee Technologies under the Airtel Startup Accelerator Program. The stake acquisition will enable Airtel to sharpen its NaaS proposition for Small and Medium Businesses (SMBs), who are looking to accelerate their shift to cloud-based applications, Airtel said in a statement. Navi Mumbai-based Cnergee specializes in integrated networking solutions over cloud for businesses of all sizes. Airtel has bought the stake at mutually agreed pre-money enterprise valuation but did not disclose the valuation due to reasons of confidentiality. Cnergee has developed a range of 5G ready software tools for Network-as-a-Service (NaaS) that can be deployed at scale to enable zero-touch service provisioning, central remote monitoring, and management of all connected devices with a host of real-time analytics. "Airtel is on a mission to accelerate the digital transformation … [Read more...] about Bharti Airtel acquires 7% stake in Cnergee Technologies
India application development
Hiranandani lines up Rs 3,500-crore investment for Metaverse
After data centres, Hiranandani Group will invest Rs 3,500 crore over next 2-3 years in technology-led consumer services with its new venture, Tez Platforms. It will focus on the areas such as social media, entertainment, gaming and e-sports. The company is currently putting the team together and will work with the industry to develop suitable solutions. Darshan Hiranandani, CEO-Hiranandani Group, in an interaction with Moneycontrol said these solutions could be in the metaverse or mobile phone. "It could be in any extreme you want to take care, whether it's with VR goggles, whether it's on a PlayStation, Xbox, or Netflix games, or any different platform." According to him, the demand for the real world stuff into digital contact is very high. "We are calling it the Metaverse because Mark Zuckerberg has decided to call it the metaverse and so we are using that as an example. I honestly don't know whether there will be one Metaverse or there'll be hundreds. I suspect there … [Read more...] about Hiranandani lines up Rs 3,500-crore investment for Metaverse
My Say: Lessons from Sri Lanka on managing food security
This article first appeared in Forum, The Edge Malaysia Weekly, on May 9, 2022 - May 15, 2022. - A + A Sri Lanka’s economic crisis had been brewing for some time before the recent social unrest erupted. The writing was on the wall, but it was either misunderstood or underrated. Either way, the impact has been devastating and may take years to undo. Moreover, the situation has worsened from being an economic crisis to a humanitarian one. The anatomy of an economic meltdown and social disaster consists of these: food, fuel and medicine shortages, currency collapse and long power cuts, while poverty ramps up and inflation spirals at a record rate. The price of rice has increased by 93%, chicken and lentils by 55% and gas by 50%. This tragedy is a good lesson for Malaysia. Some of the structural symptoms experienced by Sri Lanka are uncannily like those in this country. So, unless they are addressed, Malaysia may take a similar path. These are the major … [Read more...] about My Say: Lessons from Sri Lanka on managing food security
Most DEI programs are missing out on large part of the population
In the last two years DEI (diversity, equity, inclusion) work has become sought-after: 80% of the people leading these initiatives were hired in just the last 18 months. advertisement advertisement Yet, well into 2022, there remains an American-centricity to this function, even at global companies. This makes sense when you consider that San Francisco Bay is the fastest-growing area for such positions, and the company with the most DEI professionals (45) is New York-headquartered IBM . But as DEI work becomes mainstream worldwide, employees abroad are beginning to question the local relevance of policies clearly drafted with America in mind. “By not localizing your programs, you’re effectively telling people in other places that their experience is not worthy of your attention – that’s exclusion,” says Sage Franch, Toronto-based founder of Crescendo , a learning and development solutions provider. Today, global DEI programs cannot, and should … [Read more...] about Most DEI programs are missing out on large part of the population