#IBM to provide cloud-based Internet of Things (#IoT ) services to @KONEIndia

#IBM to provide cloud-based Internet of Things (#IoT ) services to #KONE Elevators & Escalators pic.twitter.com/tvr9wHgXH1

— Press Release Watch (@PrReleaseWatch) October 20, 2016

Using IBM’s open standards-based Watson IoT Cloud platform, KONE plans to allow a vast developer ecosystem via Application Programming Interfaces (API’s) to build new applications to make a smoother, safer and more personalized people flow experience for building users. KONE is embedding intelligence across its operations and driving a wave of innovation in smarter buildings.

'We are selling around 1000 plus elevators in #Bangalore annually' Amit Gossain, MD, KONE India pic.twitter.com/ifF5hOq6Zo

— Press Release Watch (@PrReleaseWatch) October 20, 2016

KONE’s production unit in Chennai produces elevators for the Indian market as well as for Bangladesh, Nepal and Sri Lanka. The production unit also manufactures components for modernization projects in other Asian-Pacific markets such as Australia, Korea, Singapore and Malaysia. Chennai also has a training centre. KONE’s global technology and engineering centre is a testing and research hub, which supports the latest technology and development of future KONE solutions.

IT biggies recognize India’s champions at #UNICOM’s Technology #Olympiad

IT biggies recognize India’s champions at #UNICOM’s Technology #Olympiad pic.twitter.com/vtIp1NYbQT
— Press Release Watch (@PrReleaseWatch) September 26, 2014

Over 500 companies from across India participated in the Tech-Olympiad organised by UNICOM Learning, a knowledge sharing forum in partnership with IBM in Bangalore. Companies like CISCO, SIEMENS, HP, KPMG, DELL, TITAN, GE HEALTH CARE and many more participated in the Olympiad and the selected teams represented their companies in the finals held on 25th of September at ‘The Atria’, Palace Road, Bangalore.
Mr. Sachin Malik and Nishant Pundir from Dronacharya College of Engineering, New Delhi emerged as the winner at the Students Technology Olympiad and grabbed the gold medal and also Mr. Harsh Kumar and Arun B from GE Healthcare Bangalore were announced as winners of the Technology Olympiad for Professionals.
Discussing the importance of such contests Mr. Nitesh Naveen, Co-Founder, Director & CEO of Unicom said, “Such events encourage and develop interest in emerging technologies among young professionals and provide excellent networking opportunities and encourage students for further education in the field of engineering and prepares them for future in science and technology.”

#HP remains ahead of #IBM,#Dell in Worldwide Server maket

Revenue-wise top 5 worldwide Server vendors were HP, IBM, Dell,Cisco and Fujitsu, followed by others.

Worldwide server shipments grew 1.4 percent in the first quarter of 2014, while server revenue declined 4.1 percent year over year, according to Gartner, Inc.

 "The first quarter of 2014 produced relatively weak growth on a global level with a variation in results by region," said Jeffrey Hewitt, research vice president at Gartner. All regions showed a decline in either shipments or revenue except for Asia/Pacific. Asia/Pacific posted a 3.3 percent increase in revenue and an 18 percent increase in shipments. In Japan shipments increased by 13.5 percent, but revenue declined by 9.2 percent while in Western Europe shipments declined by 4.8 percent and revenues rose 6.7 percent.”

"x86 servers managed to produce an increase with growth of 1.7 percent in units for the year and 2.8 percent in revenue," Mr. Hewitt said. "RISC/Itanium Unix servers fell globally in the first quarter of 2014 — down 19.9 percent in shipments and a 16.9 percent decline in vendor revenue compared with the same quarter last year. The 'other' CPU category, which is primarily mainframes, showed a decline of 37.6 percent year over year in terms of revenue."

HP led the worldwide server market in revenue terms in the first quarter of 2014 . The company ended the quarter with $2.9 billion in revenue, for a total share of 25.5 percent worldwide. This was down 2.3 percent compared with the same quarter in 2013.

Cisco was the only company in the top five that increased revenue in the first quarter of 2014, with growth of 37 percent compared with the same quarter in 2013.

Pearson India collaborates with IBM to expand its Digital Classroom business across India

Pearson, the world’s leading learning company, has selected IBM as its strategic technology partner to deliver customized e-learning solutions to more than 22,000 classrooms across India.  The five-year agreement was signed in Bangalore today by Mr. Srikanth Iyer, Business Head & Senior Vice President, Schools business, Pearson India and Mr. Sanjay Khare, Executive – Technical Support Services, Global Technology Services, IBM India South Asia.
Lauded as the first of its kind partnership involving the World’s leading learning company, Pearson and innovation leader like IBM, it is slated to trigger an iconic shift in the ICT industry. The strategic partnership with IBM will help advance Pearson’s strategy to become the leading provider of innovative e-learning solutions of India’s educational system. In the coming years, Pearson India plans to exponentially grow its footprint in the K-12 segment by enhancing and creating new digital classroom offerings for Indian schools. As part of the engagement, IBM will implement Life Cycle Maintenance solution that will enable Pearson to rapidly expand their reach and ensure their IT operations are well maintained and function without any disruption. This includes supply, installation and maintenance of the IT infrastructure in these classrooms.
While announcing the partnership, Mr. Srikanth Iyer, Business Head & Senior Vice President, Schools business, Pearson India said, “The powerful combination of Pearson’s innovative educational solutions and IBM’s deep technology expertise and service capabilities will help contribute to the development of learning across Indian schools. Our aim is to create new models that leverage the latest technologies and expand access to educational resources and increase student engagement with digital content; ultimately improving learning outcomes in schools countrywide.”
Schools division of Pearson India offers leading e-learning solutions and services for the K-12 education segment. Pearson India school business combines content and technology in customized digital classroom solutions for educational institutions across India. To expand its reach and introduce new functionalities into its solutions, Pearson India has teamed up with IBM India to collaborate, build, install and manage a scalable, flexible and more responsive IT infrastructure that will support its growing network of 22,000 classrooms impacting nearly 3 million students across the country.
“IBM’s deep domain expertise in the education industry through our Smarter Education offerings and our uniquely global point of view on the role that education can play in economic development will help Pearson accelerate its expansion efforts and offer insight into the launch and creation of improved products and services that will benefit thousands of students in India,” said Sanjay Khare, Executive – Technical Support Services, Global Technology Services, IBM India South Asia..

About Pearson:
Pearson is the world’s leading Education Company, present in over 70 countries and educating more than 150 million people worldwide. Pearson in India provides educational content, materials, technologies, assessments and related services to institutions, educators and learners of all ages. Pearson in India has diverse offerings across school, higher and professional education. To read more visit www.pearson.co.in

IBM may axe hundreds of Job in India, reports ET

#IBM may axe hundreds in India for cost-cutting http://t.co/as6m6qNBNM
— EconomicTimes (@EconomicTimes) February 13, 2014

As per this report in Bangalore, IBM has asked about 40 people at its Systems Technology Group to leave.The report indicates that job cuts in the Systems and Technology Group are happening because of a drop in profits and IBM's drive for $20 (Rs 1,240) earnings per share.

IndusInd Bank Turns to IBM to Deepen Customer Relationships

IBM (NYSE: IBM) today announced a First-of-a-Kind (FOAK) engagement with IndusInd Bank, a Mumbai-based, new generation private bank that offers retail, commercial, transactional and electronic banking products and services. IBM will provide innovative technology - to enable IndusInd Bank to deepen customer relationships by delivering personalized, location - based recommendations and offers in real-time.

THE NEW COMPETITIVE EDGE FOR BANKS - IBM on Edge Analytics
IBM Research – India has developed a new technology that connects people with contextual information. Once a user has opted-in for the service, the tool cross-references the user’s location with the user’s activity to provide useful insights. As users conduct daily transactions, such as buying airline tickets, or shopping at the mall, the system sends relevant promotions by Email, and mobile alerts as per user preferences.

CEOs and C-Suite leaders around the world are reassessing how to serve their customers not as a mass audience, but as individuals with personalized needs. As part of its broader strategy, IndusInd Bank is making a major investment to transform its entire front office – every system, process and person that touches the customer – to better anticipate, respond to and capitalize on future events quickly and ahead of its competition

“IBM’s new technology helps us understand customers as individuals and prepares us to respond more pervasively to the growing opportunities within the digital, social and mobile marketplace,” said Sumant Kathpalia, Head – Consumer Banking, IndusInd, Bank. We hope to become the leading digital bank in India by pioneering new ways of customer engagement.”

IBM’s technology is embedded within the bank’s customer channels, such as Net Banking, ATM, SMS Alerts, Phone Banking, Branch Offices, etc. In addition to helping IndusInd Bank to better understand their own customers, the service can also help in reaching non-customers.

“It has become imperative for banks to move towards needs-based and behavior-based segmentation to reach customers directly while improving their services. IBM helps banks adopt a client-centric approach in order to serve customers as individuals, while also boosting revenue and deepening loyalty,” said Ramesh Gopinath, Director, IBM Research - India.

The IBM First-of-a-Kind (FOAK) program brings together IBM Researchers and clients to validate new technologies on real business problems and growth opportunities.

About IndusInd Bank
 IndusInd Bank, which commenced operations in 1994, caters to the needs of both consumer and corporate customers. Its technology platform supports multi-channel delivery capabilities. As on June 30, 2013, IndusInd Bank had 530 branches, and 1003 ATMs spread across 380 geographical locations of the country. The Bank also has representative offices in London and Dubai.

The Bank believes in driving its business through technology. It enjoys clearing bank status for both major stock exchanges - BSE and NSE - and major commodity exchanges in the country, including MCX, NCDEX, and NMCE. IndusInd Bank on April 1, 2013 was included in the NIFTY 50 benchmark index. IndusInd Bank also offers DP facilities for stock and commodity segments.Visit us at http://www.indusind.com