PM Modi Launching 5G Services in India Tomorrow

Prime Minister to launch 5G Services in India at 6th India Mobile Congress 2022

Ushering in a new technological era, Prime Minister Shri Narendra Modi will launch 5G services on 1st October at 10 AM in Pragati Maidan, New Delhi. 5G technology will provide seamless coverage, high data rate, low latency, and highly reliable communications. It will increase energy efficiency, spectrum efficiency and network efficiency.The Prime Minister will also inaugurate the 6th Edition of India Mobile Congress 2022 (IMC-2022) to be held from October 1-4, 2022, at Pragati Maidan, New Delhi.

The launch of 5G services follows years of intense preparation. Recently, 5G spectrum auctions were conducted successfully and 51,236 MHz was allocated to Telecom Service Providers with a gross revenue of Rs. 1,50,173 Crores. The auction aggregated the demand for a robust 5G ecosystem that can cater to its use cases involving IoT, M2M, AI, Edge Computing, Robotics etc.

5G can unleash new economic opportunities and societal benefits giving it the potential for being a transformational force for Indian society. It will help the country leapfrog the traditional barriers to development, spur innovations by startups and business enterprises as well as advance the ‘Digital India’ vision. The cumulative economic impact of 5G on India is expected to reach $450 Billion by 2035.

DoT has amended Right of Way (RoW) Rules 2016 in August 2022, wherein the charges for RoW permissions have been made reasonable and a ceiling for RoW charges for installation of 5G small cells and optical fibre cable on street furniture has been fixed.

DoT has set up a 5G Testbed with help of IITs, IISc Bengaluru and SAMEER to develop technology in 2018. A 5G Hackathon was commenced in 2020, to trigger ideation and prototyping of use-cases by startups and has led to spurring innovative products. An inter-ministerial committee on 5G use-cases has been functioning since 2021 in coordination with 12 Central Ministries, enabling setting up of 5G use-case labs. Consultations with Industry have been held enabling the 5G ecosystem to make 5G handsets available. A roundtable was held in Mumbai with Investors, Bankers and Industry on 5G Business opportunities and to identify key interventions by the Government.

C-DOT has developed an indigenous 5G Non-Stand Alone (NSA) core. C-DOT is also developing 5G Radio Access Network (RAN) in collaboration with local industry and start-ups. C-DOT has already tested its 4G Core in collaboration with TCS and Tejas Networks successfully.

All these will help in answering the Prime Minister’s clarion call on “Jai Anusandhan”. All these efforts are game-changers for India’s manufacturing and Telecom ecosystem leading to domestic 5G enterprise carrier grade stacks as well as innovative impactful 5G use-cases.

The 5G to be launched by the Prime Minister in select cities will progressively cover the entire country over the next couple of years.

The theme of the IMC-2022, the leading digital event in Asia is ‘Encapsulate, Engage and Experience a New Digital Universe’ and has the main objective of promoting new technologies, particularly the indigenous ones and letting Citizens experience the usages and applications of 5G. The other objectives are promoting local manufacturing, fostering international regional cooperation, inspiring inclusive & sustainable development, promoting entrepreneurship and innovation, driving foreign and local investments, amongst others. It is expected to attract over 5,000 CXOs and Delegates, 250+ Exhibitors, 100+ Start-ups, 300+ Speakers, with an expected footfall of 70,000+ participants and visitors.

State IT Secretaries have also been invited to the IMC-2022 and a roundtable conference with State IT Ministers is also planned during the IMC-2022 to discuss with them about the role of States and UTs in the rollout of 5G, business opportunities, need for skill development and for interaction with potential start-ups and investors.

The launch of 5G services follows years of intense preparation. Recently, 5G spectrum auctions were conducted successfully and 51,236 MHz was allocated to Telecom Service Providers with a gross revenue of Rs. 1,50,173 Crores. The auction aggregated the demand for a robust 5G ecosystem that can cater to its use cases involving IoT, M2M, AI, Edge Computing, Robotics etc.

5G can unleash new economic opportunities and societal benefits giving it the potential for being a transformational force for Indian society. It will help the country leapfrog the traditional barriers to development, spur innovations by startups and business enterprises as well as advance the ‘Digital India’ vision. The cumulative economic impact of 5G on India is expected to reach $450 Billion by 2035.

DoT has amended Right of Way (RoW) Rules 2016 in August 2022, wherein the charges for RoW permissions have been made reasonable and a ceiling for RoW charges for installation of 5G small cells and optical fibre cable on street furniture has been fixed.

DoT has set up a 5G Testbed with help of IITs, IISc Bengaluru and SAMEER to develop technology in 2018. A 5G Hackathon was commenced in 2020, to trigger ideation and prototyping of use-cases by startups and has led to spurring innovative products. An inter-ministerial committee on 5G use-cases has been functioning since 2021 in coordination with 12 Central Ministries, enabling setting up of 5G use-case labs. Consultations with Industry have been held enabling the 5G ecosystem to make 5G handsets available. A roundtable was held in Mumbai with Investors, Bankers and Industry on 5G Business opportunities and to identify key interventions by the Government.

C-DOT has developed an indigenous 5G Non-Stand Alone (NSA) core and is also developing 5G Radio Access Network (RAN) in collaboration with local industry and startups. C-DOT has already tested its 4G Core in collaboration with TCS and Tejas Networks successfully.

All these will help in answering the Prime Minister’s clarion call on “Jai Anusandhan”. All these efforts are game-changers for India’s manufacturing and Telecom ecosystem leading to domestic 5G enterprise carrier grade stacks as well as innovative impactful 5G use-cases.

The 5G to be launched by the Prime Minister in select cities will progressively cover the entire country over the next couple of years.

The theme of the IMC-2022, the leading digital event in Asia is ‘Encapsulate, Engage and Experience a New Digital Universe’ and has the main objective of promoting new technologies, particularly the indigenous ones and letting Citizens experience the usages and applications of 5G. The other objectives are promoting local manufacturing, fostering international regional cooperation, inspiring inclusive & sustainable development, promoting entrepreneurship and innovation, driving foreign and local investments, amongst others. It is expected to attract over 5,000 CXOs and Delegates, 250+ Exhibitors, 100+ Start-ups, 300+ Speakers, with an expected footfall of 70,000+ participants and visitors.

State IT Secretaries have also been invited to the IMC-2022 and a roundtable conference with State IT Ministers is also planned during the IMC-2022 to discuss with them about the role of States and UTs in the rollout of 5G, business opportunities, need for skill development and for interaction with potential start-ups and investors.

To know more about the event, as well as to register for the same, one can visit:

www.indiamobilecongress.com/.

Japan’s National Institute of Informatics Deepens Partnership with Juniper Networks to Power its 400G SINET6 Academic Information Network

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Business Wire India

Juniper Networks (NYSE: JNPR), a leader in secure, AI-driven networks, today announced that they have been selected by the National Institute of Informatics (NII), the inter-university research institute in-charge of Japan’s nationwide academic information infrastructure, to upgrade its SINET6 academic information network to meet the diverse and complex needs of research and education institutions across the country and globally. With a secure, experience-first network powered by Juniper, SINET6 has achieved 400G connectivity, support for additional points of presence (POPs), added redundancy and enhanced security in its domestic network.

 

Since its inception in 1992, the Science Information Network (SINET) has aided in the advancement of collaborative research and remote education in Japan and around the world by leveraging innovative technologies to upgrade its cutting-edge network every four to six years. Today, it serves as the academic backbone network for over 900 universities and research institutions. It connects over three million users and is linked to other research networks in the United States, Europe and Asia to support international research collaboration.

 

In recent years, the exponential growth of data traffic and the growing need for data analysis has resulted in a demand for faster connectivity, expanded bandwidth and simplified networking services. Furthermore, there is a push to expand SINET into Society 5.0 and elementary, junior high and high school settings, making it a critical pillar in Japan's $4.4 billion GIGA School Program, which aims to prepare students for the country's push toward a post-information society.

 

Building on a relationship that spans over a decade, NII engaged Juniper for SINET6 with the goal of improving its services by implementing advanced technologies such as 400G optical transmission, 5G mobile and Network Functions Virtualization (NFV). To scale SINET6’s reach and performance to 400G, NII selected Juniper’s MX Series Universal Routing Platforms and ACX Series Cloud Metro Routers for router network.

 

SINET6's supported POPs have now seen a 1.5x increase to 70 sites, improving connectivity experiences for the country's research institutions. SINET6 also utilizes Juniper’s PseudoWire Headend Termination (PWHT) capability provided by Junos OS, directly connecting sites using the ACX Cloud Metro Routers, lowering connectivity costs and simplifying the network. To safeguard against cyberattacks, the Juniper and Corero Joint DDoS Protection Solution was integrated with the MX Routing Platforms to enable high-speed, low-load and accurate attack traffic detection and defense.

 

With networking upgrades from Juniper, NII officially launched SINET6 in April 2022, and it is now being considered for use in a broader range of research and education applications than ever before, with plans to evolve even further as a network service. Looking ahead, efforts to streamline and automate the network are planned for the upcoming SINET7 in order to meet the diverse needs of the growing number of subscribers.

 

Supporting Quotes:

 

“We are delighted to have Juniper Networks join us on this journey to create the latest and most advanced iteration of SINET. Juniper’s solutions are enough considered the requests of SINET6, providing with one of the most advanced networks that can support game-changing research and seamless digital learning experiences. With Juniper, we are confident that we have a strong foundation to meet the current and future needs of Japan’s research and education institutions for years to come.”

 

- Takashi Kurimoto, Associate Professor, Information Systems Architecture Science Research Division, National Institute of Informatics

 

“It is an honor to once again be chosen by NII to provide our experience-first solutions to power SINET6, which supports cutting-edge research and education in Japan. Building on our long-standing partnership, NII has built a cost-effective and highly reliable network that takes advantage of all the capabilities of 400G. We are excited to continue contributing to SINET's evolution and are committed to powering the best research and education experiences in the country.”

 

- Tomohiro Furuya, VP & Country Manager, Japan, Juniper Networks

 

Additional Resources:

 

• Case Study: SINET6 Adds 400G and Resiliency to Support Research and Education in Japan
• Product & Solution Pages:
  • Juniper Networks MX Series Universal Routing Platforms
  • Juniper Networks ACX Series Routers
  • Juniper and Corero Joint DDoS Protection Solution

About Juniper Networks

Juniper Networks is dedicated to dramatically simplifying network operations and driving superior experiences for end users. Our solutions deliver industry-leading insight, automation, security and AI to drive real business results. We believe that powering connections will bring us closer together while empowering us all to solve the world’s greatest challenges of well-being, sustainability and equality. Additional information can be found at Juniper Networks (www.juniper.net) or connect with Juniper on Twitter, LinkedIn and Facebook.

 

Juniper Networks, the Juniper Networks logo, Juniper, Junos, and other trademarks listed here are registered trademarks of Juniper Networks, Inc. and/or its affiliates in the United States and other countries. Other names may be trademarks of their respective owners.

 

category-serviceprovider

 

 

View source version on businesswire.com: https://www.businesswire.com/news/home/20220929005329/en/

T-Hub Partners with IFCCI to Strengthen Tech and Innovation Collaborations Between India and France

• T-Hub Partners with IFCCI to Strengthen Tech and Innovation Collaborations Between India and France
• The Indo-French Chamber of Commerce & Industry (IFCCI) also launched its sixth chapter in India, based in Hyderabad, Telangana State
• The one-year agreement will act as a gateway for Indian and France-based technology-driven startups to scale globally.

T-Hub, which leads entrepreneurs’ success with defined results through effective global collaborations, today signed a memorandum of understanding (MoU) with the Indo-French Chamber of Commerce & Industry (IFCCI) to reinforce the dialogue of innovation, growth and prosperity between India and France. The MoU was signed in the presence of KT Rama Rao, Hon’ble Minister of IT, I&C, MA and UD, Govt. of Telangana State; Jayesh Ranjan, Principal Secretary I&C and IT, Govt. of Telangana State; Sumeet Anand, President of IFCCI and Founder, Indsight Growth Advisors; H.E Emmanuel Lenain, Ambassador of France to India; Paul Hermelin, Special Representative of the French Government for Economic Relations with India and Chairman of the Board of Capgemini; MSR, CEO of T-Hub; and Panneerselvam Madanagopal, Chief Innovation Officer of T-Hub.

This one-year agreement will act as a gateway for Indian and France-based technology-driven startups to scale globally and strengthen the robust innovation ecosystem in both countries. T-Hub and IFCCI will collaborate on events and workshops to promote Indo-French partnerships in the technology and innovation sectors to bridge the gap between the French and Indian startup ecosystems.

IFCCI also launched its Hyderabad chapter at T-Hub’s new facility, the world’s largest innovation campus, in the presence of Thierry Berthelot, Consul General of France in Bengaluru; Payal S Kanwar, Director General of IFCCI; and Gerard Wolf, Chairman BRICS Access and Chairman of the Sustainability Task Force, MEDEF International (the most significant business confederation in France). T-Hub and IFCCI also hosted a French business delegation that was brought by MEDEF International, which included CXOs of French and Indian companies, state officials, diplomats, policymakers, the top players in the private sectors of France and India, multilateral organisations and renowned industry experts.

MSR, CEO of T-Hub, said, “The economic ties between India and France are on an upward trajectory. However, there is still untapped potential in terms of growth areas for both nations to advance economically. This is particularly true considering how quickly technology is evolving and changing both countries' economies and societies. Our partnership with IFCCI aims to address these challenges and opportunities that will help boost the continued growth of India-France bilateral relations. It also presents a chance for our startups to connect with France's innovation and startup ecosystem and gain access to peers and industry experts.”

Sumeet Anand, President of IFCCI and Founder, Indsight Growth Advisors, said, “IFCCI’s new chapter in Hyderabad is to support growing French investments in Hyderabad given the strong support of the Govt of Telangana. This is driven by 3+1 attractive reasons: a market with scale, talent for India and the world, supply chain in increasing products and now sustainable solutions for the planet!”

Payal S Kanwar, Director General of IFCCI, said, “We are delighted to see the growing French presence in Hyderabad across sectors like defence and aerospace, energy, technology, food processing, etc. Today’s inauguration is an important step in promoting this city's strong potential and building a strong Indo-French ecosystem.”

Panneerselvam Madanagopal, Chief Innovation Officer of T-Hub said, “The shared goal of T-Hub and IFCCI is to create technologically advanced and globally aspirational ecosystems. By signing this MOU, we will give entrepreneurs and corporates from both the countries a platform and the opportunity to network and grow together.”

This launch follows the earlier successfully conducted 4th fourth edition of the Indo-French Investment Conclave in 2021, focusing on attracting French investments and boosting trade between France and India.

France and India have a long-standing strategic partnership. France is the ninth-largest foreign investor in India, where it has more than 1,000 establishments and employs more than 350,000 people. France is also India's significant source of FDI(Foreign Direct Investment). Also present are 39 of the 40 CAC (French Stock Market Index) companies.

India's economy is one of the fastest growing in the world, and it continues to be a land of opportunity. Telangana's GSDP (Gross State Domestic Product) in 2020–21 was recorded at INR 9.78 lakh crores, denoting a growth rate of (+) 1.35 per cent compared to the previous year at current prices, higher than the national average, as noted in the Annual Report 20–21 of Invest Telangana. This was despite the COVID-19 outbreak in India and the strict lockdowns enforced, which heavily impacted the industries. Hyderabad has remained one of the best cities in the nation to live and work in, while the State, which makes up a sizeable portion of the Indian economy, has experienced spectacular economic growth for decades.

With this important chapter launch, IFCCI intends to promote existing French investments in the state and help them network with other companies within its extensive network.

The chapter launch of IFCCI is supported by the French Embassy in India, the Government of Telangana, CCEF – French Foreign Trade Advisors and Business France.

IFCCI is India's most active bilateral chamber, with more than 650 Indian and French member companies spread across India and France. www.ifcci.org.in

T-Hub (Technology Hub) is an innovation hub and ecosystem enabler. Based in Hyderabad, India, T-Hub leads India’s pioneering innovation ecosystem and is the world’s largest innovation campus. Over six years, T-Hub has pivoted around the 6Ms (Mentorship, Money, Market Access, Motivation, Mindset, Manpower) and 2Ps (Partnerships and Policy advisory) framework with a mission of driving results and collaboration for entrepreneurs’ success. It has delivered 100+ innovation programs so far, creating an impact for startups, corporations and other innovation ecosystem stakeholders. Since inception, it has provided over 2000 national and international startups with access to better technology, talent, mentors, customers, corporates, investors and government agencies.

For more information about T-Hub, visit www.t-hub.co.

Publicly traded U.S. Tech Company ZoomInfo Expands India Investment and Headcount

Nasdaq-Traded Software Firm Is Hiring for Technical Roles Across Engineering, Product and Design, Data Analysis, and Customer Experience

ZoomInfo (NASDAQ: ZI), a global leader in modern go-to-market software, data, and intelligence, today announced that it has tripled employee headcount at its India office this year, with plans to further expand by 50 percent during the final months of 2022. As a reflection of its significant investment and growth in India, ZoomInfo opened its first physical office space there earlier this year.

Headquartered in Vancouver, Washington, U.S., ZoomInfo has built experienced technical teams across Engineering, Product and Design, Data Analysis, Sales, and Customer Experience, many of which are based in India. The company is currently seeking to fill dozens of open positions listed on its careers site.

“ZoomInfo is the employer of choice for anyone in India interested in building SaaS products on a global scale,” said Madhav Nair, Senior Vice President of Engineering at ZoomInfo. “We’re looking for difference makers in India, a country known for its immense talent. If you strive to make an impact, challenge the status quo, and want ownership over your work, ZoomInfo is the place for you.”

ZoomInfo empowers its teams to create, market, and sell cutting-edge technology as part of an all-in-one modern tech stack. Employees will work with the most exciting technologies – such as Angular, React, Node.js and Java, Snowflake, Solr, HBase, Spark, and Elastic – at high scale, with the opportunity to own everything from architecture through deployment. The company sees industry-leading rates of upward mobility across all teams, and its engineers enjoy better growth rates compared to other companies of similar sizes.

ZoomInfo’s software enables business-to-business sales, marketing, and recruiting professionals to find, reach, and convert target companies and prospects with unrivaled data coverage, accuracy, and depth of contacts. The company’s large and diversified customer base consists of more than 30,000 customers from global enterprises, mid-market companies, and small businesses.

While a number of technology companies have recently pulled back on their hiring plans, ZoomInfo continues to grow its winning team of more than 3,000 employees, and is hiring across more than a dozen office locations globally. Please visit the ZoomInfo careers site for more information and open positions.

About ZoomInfo:

ZoomInfo (NASDAQ: ZI) is a leader in modern go-to-market software, data, and intelligence for more than 30,000 companies worldwide. ZoomInfo’s revenue operating system, RevOS, empowers business-to-business sales, marketing, operations, and recruiting professionals to hit their number by pairing best-in-class technology with unrivaled data coverage, accuracy, and depth of company and contact information. With integrations embedded into workflows and technology stacks, including the leading CRM, Sales Engagement, Marketing Automation, and Talent Management applications, ZoomInfo drives more predictable, accelerated, and sustainable growth for its customers. ZoomInfo emphasizes GDPR and CCPA compliance. In addition to creating the industry’s first proactive notice program, the company is a registered data broker with the states of California and Vermont. Read about ZoomInfo’s commitment to compliance, privacy, and security. For more information about ZoomInfo’s leading go-to-market software, data, and intelligence, and how they help sales, marketing, operations, and recruiting professionals.

TeamViewer and Hyundai Motor Sign Strategic Partnership to Accelerate Digital Innovation in Automotive Smart Factory

From Left to Right - Hong Bum Jung, CEO, HMGICS and Oliver Steil, CEO, TeamViewer

• TeamViewer to provide Hyundai Motor with industry-leading enterprise augmented reality (AR) platform and artificial intelligence (AI) capabilities
• Partnership will help Hyundai Motor develop an intelligent manufacturing platform and enhance productivity, accuracy and worker safety in a smart factory

TeamViewer, a leading global provider of remote connectivity and workplace digitalization solutions, today announced a partnership with global mobility solutions provider Hyundai Motor Company to digitalize business operations and manufacturing processes for Hyundai Motor Group Innovation Center in Singapore (HMGICS).

TeamViewer and Hyundai Motor Company will cooperate to maximize digitalization benefits in HMGICS’ smart factory using TeamViewer’s augmented reality (AR) platform, which includes mixed reality (MR) and artificial intelligence (AI) capabilities. The platform will support assembly, maintenance, quality management, logistics, client experience projects and workforce training.

The two companies will conduct joint research and development (R&D) activities in AR-powered smart factory operations, immersive digital experience for frontline workers and AI support for a future automotive factory.

 

Overall, the partnership will drive increased productivity, accuracy, speed and safety of frontline production workers. To leverage these benefits for the industry, the two parties will also pursue global joint marketing of smart factory and enterprise AR technology.

“We are pleased to have TeamViewer as a key technology partner for digital transformation in building a smart factory,” said Hong Bum Jung, Chief Executive Officer of HMGICS. “Developing an intelligent manufacturing platform is an important part of Hyundai's strategy to lead the future mobility industry. We are continuously innovating the overall mobility value chain, which includes presenting a vision for a future mobility smart factory. We expect the partnership will further accelerate our transition to smart factory and enhance its efficiency.

Sojung Lee, President for TeamViewer Asia Pacific, said, “We are excited to collaborate with Hyundai Motor Company in digitalizing manufacturing processes and building an automotive factory of the future. As digital transformation has accelerated on the shopfloor, there is a growing need for AR solutions like TeamViewer Frontline that helps by optimizing manual work processes in industrial environments. Our collaboration with Hyundai Motor Company will further solidify our position as an enterprise software provider with specialized solutions for the manufacturing industry and it will strengthen our role as a leading player in the industrial metaverse space.”-

HMGICS, the Group’s test bed and a global open innovation hub, aims to develop new EV business models, forge innovative partnerships, produce mobility products, and develop the Group’s intelligent manufacturing platform to revolutionize the overall mobility value chain.

About TeamViewer

TeamViewer is a leading global technology company that provides a connectivity platform to remotely access, control, manage, monitor, and repair devices of any kind – from laptops and mobile phones to industrial machines and robots. Although TeamViewer is free of charge for private use, it has more than 625,000 subscribers and enables companies of all sizes and from all industries to digitalize their business-critical processes through seamless connectivity. Against the backdrop of global megatrends like device proliferation, automation and new work, TeamViewer proactively shapes digital transformation and continuously innovates in the fields of Augmented Reality, Internet of Things and Artificial Intelligence. Since the company’s foundation in 2005, TeamViewer’s software has been installed on more than 2.5 billion devices around the world. The company- is headquartered in Goppingen, Germany, and employs around 1,400 people globally. In 2021, TeamViewer achieved billings of EUR 548 million. TeamViewer AG (TMV) is listed at Frankfurt Stock Exchange and belongs to the MDAX. Further information can be found at https://www.teamviewer.com/.

About Hyundai Motor Company

Established in 1967, Hyundai Motor Company is present in over 200 countries with more than 120,000 employees dedicated to tackling real-world mobility challenges around the globe. Based on the brand vision ‘Progress for Humanity,' Hyundai Motor is accelerating its transformation into a Smart Mobility Solution Provider. The company invests in advanced technologies such as robotics and Advanced Air Mobility (AAM) to bring about revolutionary mobility solutions, while pursuing open innovation to introduce future mobility services. In pursuit of sustainable future for the world, Hyundai will continue its efforts to introduce zero emission vehicles equipped with industry-leading hydrogen fuel cell and EV technologies. More information about Hyundai Motor and its products can be found at:
http://worldwide.hyundai.com or http://globalpr.hyundai.com

Former Zeta Executive Balaji Sundeep Joins BaaS Startup Falcon as VP of Product

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Falcon, a Banking-as-a-Service (BaaS) startup, disrupting the way modern Fintech is built, has announced the appointment of Balaji Sundeep as the company's VP of Product in a major boost to its leadership group.

Prior to joining Falcon, Balaji Sundeep was the Associate Director at Zeta, where he helped create and scale a modern lending platform that allows banks to quickly launch a variety of products like credit card-based EMIs, BNPL ('buy now pay later') facility, and term loans personalized to specific target segments, which echoes the versatility and speed of Falcon's tech stack. Balaji is a graduate of BITS Pilani and the Indian School of Business (ISB) and has had an eclectic career path, having started out in hardware with Samsung. He brings a wealth of experience in building a range of B2B and B2C payments and lending products, to the table.

Balaji Sundeep, VP of Product at Falcon

Commenting on the appointment, Balaji Sundeep said, "Falcon is rightly positioned to solve for today's Fintech demands. To power new-age products, banks and tech companies are increasingly looking at modern technology providers that will help them get there faster and cheaper." He added, "I am looking forward to working with the team to simplify the most complex financial systems through Falcon's embeddable and no-code solutions."

The Fintech startup believes that every company or financial institution will need a Fintech layer during this decade. And Balaji's appointment comes at a critical time as Falcon looks to scale up for the next major stage of growth.

Priyanka Kanwar, Co-founder of Falcon, believes Balaji's varied and vast experience will add to the company's know-how. She stated, "Banking-as-a-Service (BaaS) has been growing significantly both in India and globally, and at Falcon, were thrilled to have become a major enabler of this shift." She added, "Were looking forward to working with Bala to create meaningful change in this space."

Co-founded by Priyanka Kanwar and Prabhtej Bhatia, Falcon is a Banking-as-a-Service (BaaS) company that lets startups, corporates, and financial institutions build bespoke payment and lending products using API or no-code solutions. Backed by marquee investors from the US, India, and the Middle East, the company has set its sights on the $4 trillion market opportunity that BaaS represents. By adding Balaji's extensive experience across diverse categories, Falcon has strengthened its frontlines for a deep and definitive dive into the globally expanding market for BaaS.

Ikotek Expands Executive Management Team to Continue Rapid Growth of Its ODM Services Across North America and EMEA Regions

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Business Wire India

Ikotek, the leading IoT original design manufacturer (ODM) and electronics manufacturing service (EMS) provider, is announcing expansion of its executive management team with industry veterans and continue their aggressive growth plans for the company.

 

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220928005870/en/

 

Ikotek - Your Trusted IoT ODM Partner (Photo: Business Wire)

Headquartered in San Diego, USA, Ikotek offers a one-stop-shop for IoT solutions across design and development, hardware build, testing and verification, product validation, software development, manufacturing and certification delivering high quality products and services to reduce complexity, speed up time to market, eliminate risk and reduce costs. The company has already designed, manufactured and shipped millions of IoT devices since its inception.

 

Ikotek, the only US-based global ODM with a pure IoT focus, combines end-to-end design consultancy across program management, R&D, sourcing, testing and production at its own as well as third party manufacturing facilities to produce designs for our customers. With a wide variety IoT projects in progress, such as asset tracking, dash cameras, PDAs and handhelds, point of sale (POS) devices and hardware for smart grid and metering deployments, Ikotek’s core focus is on the enterprise market as it looks to develop solutions to take full advantage of IoT at scale.

 

Led by Chief Executive Officer, Joe Peterson, who has more than 27 years of diverse experience across cellular and IoT industries in the US and international, Ikotek has gathered a team of industry veterans to amplify its vision of becoming the world’s most trusted IoT ODM. Recent additions to the US-based executive management team include:

 

Bill Leunis, the Vice President of Finance, who brings extensive experience in finance, operations and general management in manufacturing and EMS organizations. Previously, he has headed Finance in divisions of large multi-national corporations ranging in size from 500 to 20,000 people. In addition, he has served as CFO of a company, leading all aspects from its acquisition to IPO for eight years after going public.

 

Tim Newberg, the Vice President of Sales for the US and Canada, has joined with more than 25 years of experience and leadership in the wireless, broadband, consumer electronics and massive IoT industries. From hardware and software strategy to product marketing, sales and business development he has held senior executive positions at companies including Texas Instruments, Broadcom, Sequans, Rootmetrics, Polte and Sercomm.

 

Steve Burrington, the Head of North America Engineering, is a 25-year veteran of large and medium-sized wireless product development teams. Previously he served as Vice President of Engineering at CalAmp for the company’s telematics products. He has extensive experience of getting a diverse range of products to market, via organic development and JDM partnerships. In addition, he has held Vice President of Engineering roles at Netgear and Sierra Wireless.

 

These additions to the Ikotek management team have been supported by hires across the business and Ikotek now has more than 350 dedicated R&D employees and continues to add employees on a weekly basis.

 

“We’ve seen an incredible uptake of new customers over the last year and we’re excited to bring our unique ODM capabilities and advantages to customers,” said Peterson. “Supporting our customers with quick time-to-market, leading IoT industry expertise and cost-effective services and solutions is critical during a time where digital transformation is growing across all industries. To help manage growth, commercial excellence and new customers, I’m thrilled to welcome these three leading IoT and ODM capacities to our management team. We aim to serve our customers with local experts in North America and Europe and APAC so we can ensure that Ikotek is close to our customers and has local understanding of their needs.”

 

Ikotek targets mid-market IoT customers in response to increased demand for the design and build of products. The company’s ethos is to give customers a competitive advantage, through cost reductions and enable substantial savings to be achieved on their device design, manufacturing and certification costs. In addition, Ikotek is focused on taking customers’ projects from idea to market in record breaking time. In less than three months, Ikotek has provided end-to-end ODM services that took a complex IoT device to market including design, development and manufacturing.

 

“Ikotek exists to turn our customers’ device dreams into IoT reality,” Peterson added, pointing out the ways in which the company can help are listed on www.ikotek.com. “We’re keen to become customers’ indispensable partner in taking their innovations from concept to high volume product launches across global markets.”

 

About Ikotek

 

Ikotek is The IoT ODM. With a wide variety IoT projects currently underway, our core focus is on the enterprise market as it looks to develop solutions to take full advantage of IoT. We cover technologies from cellular connectivity, including NB-IoT and 5G, to satellite connections and from well-established IT to relative newcomers such as artificial intelligence IoT (AIoT).

 

For more information: www.ikotek.com LinkedIn

 

 

View source version on businesswire.com: https://www.businesswire.com/news/home/20220928005870/en/

L&T Technology Services Joins Hands with Qualcomm to Provide Solutions for the Global 5G Private Network Industry

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Business Wire India
L&T Technology Services Limited (BSE: 540115, NSE: LTTS), a leading global pure-play engineering services company, today announced that it is collaborating with Qualcomm Technologies, Inc. to deploy end-to-end solutions for the global 5G Private Network Industry utilizing their combined core expertise in the Hi-Tech & Telecommunication domain.
 
LTTS and Qualcomm Technologies will bring together core competencies in telecommunication solutions and services for the benefit of end-customers in the manufacturing and warehousing/logistics sector. As the demand for a connected world continues to grow rapidly, LTTS engineers are leveraging LTTS’ chip-to-cloud expertise to unleash the power of 5G and transform global manufacturing and supply chain processes.
 
Qualcomm Technologies, an industry leader in 5G globally, is accelerating the expansion of 5G connectivity, and its end-to-end domain expertise is enabling the growth of the broader technology ecosystem spanning 5G Private Network RAN, devices, automation and management solution and partner initiatives.

As part of the proposed collaboration, Qualcomm Technologies will engage Private Networks RAN Automation technology for the automation and management of small cells along with pre-integrated PN solutions. LTTS will facilitate end-to-end system integration, design and implementation of use cases, provide engineering consulting, and deployment services along with edge-to-cloud orchestration and management. Combining their diverse ecosystem strengths, both Qualcomm Technologies and LTTS are now enabling Industry 4.0 solutions for enterprises.
 
In line with the terms of the collaboration, LTTS will establish an engineering center of excellence in Santa Clara (California, US) with Qualcomm Technologies’ support to accelerate the adoption of 5G private wireless networks.
 
Abhishek Sinha, Chief Operating Officer and Board Member at L&T Technology Services said, “With the increasing demand for a connected world, LTTS is constantly leveraging its chip to cloud design expertise to realize the power of 5G and reshape the ideas of business. 5G is a breakthrough technology and we, at LTTS, are well-poised to meet the demands of this rapidly evolving connectivity space in association with an industry leader like Qualcomm Technologies.”
 
Savi Soin, Senior Vice President, Business Development and Partnerships, Qualcomm Technologies, Inc. said, “We are committed to expanding our one technology roadmap for a future that is connecting everything to the cloud. The Connected Intelligent Edge is where wireless technology, on-device computing, AI, and low power consumption are accelerating the digital transformation across industry verticals. Through this collaboration with LTTS, we are bringing innovative solutions and services to market that will accelerate digital transformation for smart manufacturing, factory, logistics and warehousing sectors globally.”

Waterproofing Membranes Market Size Will Attain USD 62,587 Million by 2030 growing at 6.4% CAGR - Exclusive Report by Acumen Research and Consulting

Acumen Research and Consulting recently published report titled “Waterproofing Membranes Market Analysis Report and Region Forecast, 2022 - 2030”

BEIJING , Sept. 29, 2022 (GLOBE NEWSWIRE) -- The Global Waterproofing Membranes Market Size accounted for USD 36,213 Million in 2021 and is estimated to achieve a market size of USD 62,587 Million by 2030 growing at a CAGR of 6.4% from 2022 to 2030.

Waterproofing Membranes Market Statistics

• Global waterproofing membranes market value was USD 36,213 Million in 2021 and expected to grow at CAGR of 6.4% from 2022 to 2030
• Asia-Pacific waterproofing membranes market revenue will gather more than 32% market share in coming years
• Europe waterproofing membranes market growth registered noteworthy CAGR during the forecast timeframe from 2022 to 2030
• Among application, building structures sub-segment collected over 28% of the overall market share in 2021

Waterproofing Membranes Market Growth Factors

• Growth in urbanization and industrialization
• Rapidly surging application in the mining industry
• Increasing infrastructure development in emerging economies
  
  

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Waterproofing Membranes Market Coverage:

Market	Waterproofing Membranes Market
Waterproofing Membranes Market Size 2021	USD 36,213 Million
Waterproofing Membranes Market Forecast 2030	USD 62,587 Million
Waterproofing Membranes Market CAGR During 2022 - 2030	6.4%
Waterproofing Membranes Market Analysis Period	2018 - 2030
Waterproofing Membranes Market Base Year	2021
Waterproofing Membranes Market Forecast Data	2022 - 2030
Segments Covered	By Product, By Type, By Application, And By Geography
Waterproofing Membranes Market Regional Scope	North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
Key Companies Profiled	Alchimica Building Chemicals, BASF SE, Bayer MaterialScience AG, CICO Technologies Ltd., Fosroc Ltd., GAF Materials Corporation, Isomat S.A., Kemper System America, Inc., Maris Polymers, and Paul Bauder GmbH & Co. KG.
Report Coverage	Market Trends, Drivers, Restraints, Competitive Analysis, Player Profiling, Regulation Analysis

Waterproofing Membranes Market Dynamics

Waterproofing membranes are specifically designed to protect the surface from water leakage, thereby protecting the rest of the infrastructure. The growing use of advanced infrastructure practices around the world, particularly in developing and developed economies, is supporting the market's rapid growth. The major players' continuous concentration on the creation of more advanced solutions for the exceptional protection of buildings, roofs, and other infrastructure that is prone or at risk of water leakage issues.

Waterproofing Membranes Market Business Strategies

• POLYGLASS SpA has announced a strategic alliance with AMUT SpA for 2021, specifically to increase its capacity for thermoplastic polyolefin (TPO) membranes. POLYGLASS has partnered with AMUT to build a new extrusion plant with a capacity of 10,000,000 m2 per year, dedicated to producing the complete spectrum of a flexible polyolefin synthetic waterproofing membrane known as "Mapeplan T."
• In 2021, with its plastic additives package, BASF is assisting Incheon Airport's Terminal 2. This plastic additives package includes thermoplastic polyolefin (TPO) sheets manufactured by Wonpoong Corporation in South Korea under the brand name SuperGuard. TPO sheets are commonly used as roofing membranes in commercial structures and other buildings because they are a more environmentally friendly option for high-performance waterproofing.
• A new Roberto De Silva Theater opened in March 2021 after being built in a record-breaking 23 months. Due to the high groundwater experienced at the construction site, the contractor used an efficient waterproofing system for the below-grade concrete structures.
• In 2021, Axter, a French waterproofing specialist, will launch a new mounting process for rigid solar modules on various types of buildings. The company's research team has managed to install rigid PV modules on bituminous waterproofed buildings and roof terraces.

Check the detailed table of contents of the report @

https://www.acumenresearchandconsulting.com/table-of-content/waterproofing-membranes-market

Waterproofing Membranes Market Segmentation

The global waterproofing membranes market is divided into product, type, application, and geography segments. Polymers include polyvinyl chloride (PVC), thermoplastic olefin (TPO), ethylene propylene diene monomer (EPDM), polyurethane, and others, bitumen includes styrene butadiene styrene (SBS) and atactic polypropylene (APP), polymer modified cement, and others, make up the market. The market is divided into two types: liquid-applied membranes and sheet-based membranes. Waterproofing membranes are also used in roofing, building structures, roadways, walls, waste and water management, and other areas.

Waterproofing Membranes Market Share

As per our waterproofing membranes market forecast, polymers will account for a significant market share from 2022 to 2030. According to our waterproofing membranes market industry analysis, liquid-applied membranes type accounted for the maximum revenue share in the year 2021. Liquid-applied membrane (LAM) is a monolithic, fully-bonded, liquid-based coating suitable for many waterproofing and roofing applications. The liquid coating is basically formed to create a rubber-like elastomeric waterproof membrane and may be applied over many substrates, including asphalt, bitumen, and concrete. Furthermore, in terms of application, the roofing sub-segment achieved substantial industry shares in 2021 and is expected to continue during the forecasted years.

Waterproofing Membranes Market Regional Growth

North America, Asia-Pacific, Europe, Latin America, and the Middle East & Africa comprise the global waterproofing membranes industry. Asia-Pacific leads the market with the highest revenue share (%), and the region is expected to maintain its dominance from 2022 to 2030. Construction activity is rapidly increasing across the region's developing economies as a result of rapid urbanization, rising disposable income, and rising populations. The growing presence of significant players in the region adds to the value of the regional market. Furthermore, the region is expected to grow at the fastest rate during the forecast timeframe of 2022 to 2030.

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Waterproofing Membranes Market Players

Some of the leading waterproofing membranes companies operating in the industry include Alchimica Building Chemicals, BASF SE, CICO Technologies Ltd., Bayer Material Science AG, Fosroc Ltd., Isomat S.A., GAF Materials Corporation, Maris Polymers, Kemper System America, Inc., and Paul Bauder GmbH & Co. KG. The major players are constantly working to develop efficient and effective solutions.

Questions Answered By This Report

• What was the market size of Waterproofing Membranes Market in 2021?
• What will be the CAGR of Waterproofing Membranes Market during the forecast period from 2022 to 2030?
• Who are the major players in Global Waterproofing Membranes Market?
• Which region held the largest share in Waterproofing Membranes Market in 2021?
• What are the key market drivers of Waterproofing Membranes Market?
• Who is the largest end user Waterproofing Membranes Market?
• What will be the Waterproofing Membranes Market value in 2030?
  
  

Browse More Research Topic on Chemical Industries:

The Global Expanded Polystyrene (EPS) Market is expected to grow at a CAGR of around 5.2% from 2020 to 2027 and expected to reach the market value of around USD 23.5 Billion by 2027.

The Global Iron Oxide Pigment Market is expected to grow at a CAGR of around 4.5% from 2020 to 2027 and expected to reach the market value of around USD 2,555.5 Million by 2027.

The Global Antimicrobial Coatings Market is expected to grow at a CAGR of around 10.8% from 2020 to 2027 and expected to reach the market value of around USD 6,756.2 Million by 2027.

About Acumen Research and Consulting:

Acumen Research and Consulting is a global provider of market intelligence and consulting services to information technology, investment, telecommunication, manufacturing, and consumer technology markets. ARC helps investment communities, IT professionals, and business executives to make fact-based decisions on technology purchases and develop firm growth strategies to sustain market competition. With the team size of 100+ Analysts and collective industry experience of more than 200 years, Acumen Research and Consulting assures to deliver a combination of industry knowledge along with global and country level expertise.

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CTG Acquires Eleviant Tech to Accelerate Digital Transformation Strategy and Portfolio Innovation

Acquisition Expands CTG’s Global Network of Offshore Delivery Centers and Digital Solutions

BUFFALO, N.Y., Sept. 29, 2022 (GLOBE NEWSWIRE) -- CTG (Nasdaq: CTG), a leader in helping companies employ digital IT solutions and services to drive productivity and profitability in the Americas and Western Europe, today announced that it has acquired Eleviant Tech (Eleviant), a privately owned digital transformation company with expertise in mobile, cloud, web, blockchain, robotic process automation (RPA), and artificial intelligence (AI) technologies.

Transaction Highlights

• Strengthens CTG’s digital offerings in areas such as AI, machine learning (ML), and intelligent automation while expanding capabilities in cloud migration, mobile application development, and emerging technologies, including blockchain.
• Expands CTG’s software-as-a-service (SaaS) offerings by leveraging Eleviant’s PeopleOne intranet solution, vChat, vBots, and other platforms.
• Increases Global Delivery Center capacity, agility, and flexibility with the addition of established Eleviant teams in Chennai and Coimbatore, India.
• Adds approximately $10 million in annualized revenue; expected to be immediately accretive to operating results, excluding customary acquisition-related expenses.

Headquartered in Dallas, Texas, Eleviant helps clients in manufacturing, logistics, healthcare, finance, and insurance industries elevate their businesses and provide quality user experiences through a wide range of customizable solutions that support new ways enterprises work, communicate, and scale. Eleviant has honed its strong digital development skills over almost two decades and built a reputation for exceeding expectations, resulting in high client retention.

“This agreement was driven, in part, by the strong alignment of our respective visions for accelerating our clients’ digital transformations by leveraging emerging technologies and commitment to delivering meaningful business results,” said CTG President and Chief Executive Officer, Filip Gydé. “We not only share complementary technical skills, offerings, and industry experience, but similar cultures, approaches, and an unwavering dedication to client success, on every project. Our tight strategic and cultural alignment is expected to accelerate the integration of Eleviant and CTG and our combined ability to deliver new value to both CTG and Eleviant clients.”

“Our combined Delivery Center teams will offer clients from both organizations increased capacity, agility at scale, continuous innovation, and access to teams with deep industry, technology, and functional experience,” said Tom Niehaus, Executive Vice President for CTG Americas. “Equally important is Eleviant’s expertise in creating best-in-class SaaS platforms, which complement many of CTG’s solutions and services. I’m excited about the opportunities this acquisition affords our combined teams to create and offer new service capabilities and models to our broad set of clients, industries, and geographies.”

The combined portfolio of digital transformation solutions will help clients of both companies accelerate their digital strategies. Eleviant’s clients will benefit from CTG’s end-to-end solutions portfolio, digital accelerators, and the Company’s global sales, marketing, delivery, and financial and administrative infrastructure.

CTG’s more than 670 global clients will benefit from immediate Delivery Center scale, increased delivery agility, and the SaaS platforms developed by Eleviant that help address challenges across vital business functions and accelerate their transformation, including:

• PeopleOne: Built on Microsoft Office 365’s SharePoint platform, PeopleOne empowers enterprise-wide communication, collaboration, and connections, driving employee engagement, communication, and improving productivity.
• vChat: Powered by Bluefish.ai, an intelligent chatbot-builder platform, vChat provides custom-built virtual assistants to support daily client, employee, and partner communications.
• vBots: This platform enables business process automation incorporating RPA, workflow, AI/ML, and analytics.
• vReport: An intelligence-driven monitoring and evaluation reporting framework, vReport allows users to manage KPI-driven dashboards that support actionable insights.
• vInspect: This mobile inspection platform is used for improving manufacturing and assembly site inspection management, workflows, quality control, and escalations.
• vSales: A robust and comprehensive solution, vSales enables manufacturers and retailers to digitally engage with their clients at multiple points in the buyer journey, providing rich, compelling user experiences.

“With strong alignment in core values and culture, we are happy to join hands with CTG, where everything starts with a true partnership mindset for team members and clients alike. We believe this merger will strengthen our mission to help businesses elevate and scale with innovative digital transformation solutions,” said Eleviant Founder and CEO, Jude Ramayya. “We look forward to the new opportunities that come with joining CTG, which has a well-earned and long-established reputation for transforming IT, delivering business value, and creating long-standing client relationships.”

About CTG

CTG is a leading provider of digital transformation solutions and services that accelerate clients’ project momentum and achievement of their desired IT and business outcomes. We have earned a reputation as a faster, more reliable, results-driven partner focused on improved data-driven decision making, meaningful business performance improvements, new and enhanced customer experiences, and continuous innovation. CTG operates in the Americas, Western Europe, and India. The Company regularly posts news and other important information at www.ctg.com.

About Eleviant Tech

Eleviant Tech (Eleviant) provides businesses with digital products and services to enhance productivity, engagement, communication, and scale. In addition to its primary services, which include mobile and web application development, cloud migration, and managed IT services, the Company also provides intelligent process automation, and blockchain services.

Forward-Looking Statements

This document contains certain forward-looking statements concerning the Company's current expectations as to future growth, financial outlook, business strategy and performance expectations for 2022 and beyond and statements related to cost control, new business opportunities, financial performance, market demand, and other attributes of the Company, which are protected as forward-looking statements under the Private Securities Litigation Reform Act of 1995. Generally, the words “anticipates,” “believes,” “expects,” “plans,” “may,” “will,” “might,” “would,” “should,” “could,” “seeks,” “estimates,” “project,” “predict,” “potential,” “currently,” “continue,” “intends,” “outlook,” “forecasts,” “target,” and other similar words identify forward-looking statements. These statements are based upon the Company's current expectations and assumptions, a review of industry reports, current business conditions in the areas where the Company does business, feedback from existing and potential new clients, a review of current and proposed legislation and governmental regulations that may affect the Company and/or its clients, and other future events or circumstances. Actual results could differ materially from the outlook guidance, expectations, and other forward-looking statements as a result of a number of factors and risks, including among others, the lingering effects of the COVID-19 pandemic and any regulatory, social and business responses thereto on the Company’s business, operations, employees, contractors and clients, and the potential impacts of any similar future public health crisis, pandemic, or epidemic, the availability to the Company of qualified professional staff, currency exchange risks, domestic and foreign industry competition for clients and talent, increased bargaining power of large clients, the Company's ability to protect confidential client data, the partial or complete loss of the revenue the Company generates from International Business Machines Corporation (IBM), the ability to integrate businesses when acquired and retain their clients while achieving cost reduction targets, the uncertainty of clients' implementations of cost reduction projects, the effect of healthcare reform and initiatives, the mix of work between solutions and services and non-strategic technology services, risks associated with operating in foreign jurisdictions, renegotiations, nullification, or breaches of contracts with clients, vendors, subcontractors or other parties, current macroeconomic conditions such as inflation, the change in valuation of capitalized software balances, the impact of current and future laws and government regulation, as well as repeal or modification of such, affecting the information technology (IT) solutions and services and staffing industry, taxes and the Company's operations in particular, industry, economic and political conditions, including fluctuations in demand for IT services, consolidation among the Company's competitors or clients, the need to supplement or change our IT services in response to new offerings in the industry or changes in client requirements for IT products and solutions, actions of activist shareholders, and other risks with domestic and foreign operations including uncertainty and business interruptions resulting from political changes and actions in the U.S. and abroad, such as the current conflict between Russia and the Ukraine, and volatility in the global credit and financial markets and economy, and other factors that involve risk and uncertainty including those listed in the Company's reports filed with the Securities and Exchange Commission. Such forward-looking statements should be read in conjunction with the Company's disclosures set forth in the Company's Form 10-K for the year ended December 31, 2021, including the uncertainties described in the "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" sections and other reports, including but not limited to subsequent quarterly reports on Form 10-Q, that may be filed from time to time with the Securities and Exchange Commission and may be obtained through the Securities and Exchange Commission's Electronic Data Gathering and Analysis Retrieval System ("EDGAR") at www.sec.gov. The Company assumes no obligation to update the forward-looking information contained in this release.

CONTACT: Contacts:

John M. Laubacker
Chief Financial Officer
CTG, Inc.
+1 716 887 7368

Investor Relations
Deborah K. Pawlowski
Kei Advisors, LLC
dpawlowski@keiadvisors.com
+1 716 843 3908

Media
Amanda C. LeBlanc
CMO and Vice President, Marketing
CTG, Inc.
+1 225 772 8865

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Genrobotic’s Bandicoot Robot Emerged as the Winner of Swachhata Startup Challenge 2022 by Ministry of Housing and Urban Affairs

Genrobotics, the leading Indian robotic company has emerged as the winner of The Swachhata Startup Challenge for their product Bandicoot, as the best innovative solution to eliminate manual scavenging, which also transforms the sanitation workers lives.

Nikhil NP (Director of Genrobotics), Rashid K (Director of Genrobotics), Manoj Joshi (Secretary of Ministry of Housing & Urban Affairs), Mr Emmanuel Lenain, Ambassador of France to India, Kaushal Kishore (Minister for Housing and Urban Affairs of India), Roopa Mishara (Joint Secretary & National Mission Director, Swachh Bharat Mission- Urban)

The program launched by the Ministry of Housing and Urban Affairs (MOHUA) and Agence Francaise de Development (AFD), at Dr Ambedkar International Centre, New Delhi is For Leveraging innovation and technology to eliminate social stigma and challenges. The event was felicitated by Shri. Hardeep Singh Puri, Hon’ble Minister for Housing and Urban Affairs of India, Shri. Kaushal Kishore, Hon’ble Minister of State, Ministry of Housing and Urban Affairs, Emmanuel Lenain, Ambassador of France to India, Roopa Mishra, Joint Secretary and National Mission Director, Swachh Bharat Mission (MOHUA), and Manoj Joshi, Secretary, Ministry of Housing and Urban Affairs.

Genrobotics is addressing the issue of manual scavenging in India with Bandicoot, their flagship robotic product. Lauded by Prime Minister Modi, these robots are designed to completely eliminate manual scavenging and empower manual scavengers by turning them into robot operators along with many other positive social, economic and environmental impacts.

These advanced robots are well-equipped with gas sensing systems to detect hazardous gases thereby eliminating risks of accidents inside manholes. The interactive and user-friendly interface for manual scavengers’ aids in rehabilitation and uplift their life by making them robot operators to help them live a respectful and better life.

“Bandicoot is the most scientific and effective solution for removing manual intervention from manhole cleaning compared to any other grabbing and suction machines. It has special attributes including robotic arms, legs, and vision that aid sanitation workers in precise cleaning from outside the manholes. Bandicoots offer a cost-effective solution for the ULBs as well as efficiency and safety for the workers." said Nikhil NP, Director of Genrobotics.

In addition to many social-environment benefits, it brings huge financial advantages for the governments. Robotic scavenging is more efficient as it can cover up to 10 manholes every day against 1 or 2 being covered by manual scavenging. With huge savings on wages and operational costs, a municipal corporation can save approximately Rs 8000 Inr on cleaning 10 manholes a day.

Other cleaning techniques, such as sucking and grabbing machines, are also available, however, they are unable to remove solid waste, and the grabbing machine can only clean around 20% of the space inside the manhole. The authorities are required to use human labour in this case, however, Bandicoot outperforms other techniques of cleaning manhole blockages by a 100% cleaning efficiency because of its robotic arms that resemble human arms and bigger opening bucket design. For bandicoot to win the Swachhata Startup Challenge 2022, this was a significant turning point.

The initiative has experienced excellent success So far, it has rehabilitated over 1700+ workers across 17 states. It is currently being used by ULBs, smart cities, and refineries. Bandicoot Robot meets 9 out of 17 SDG goals set by the United Nations including good health, clean water and sanitation, good jobs and economic growth, innovation and Infrastructure, reduced inequalities, peace, justice and strong institutions. For its path-breaking efforts, the company has earned the trust of renowned business tycoons Anand Mahindra and Zoho Company as its investors. This technology won the AMRUT Tech Challenge Award as the Most Promising Innovative Solution for Sanitation by the Ministry of Housing and Urban Affairs, Government of India.

GBT is researching the Development of Electro-Thermal Aware Design Environment for Integrated Circuits

https://ift.tt/kbTEzD1

Seeking to Address Advanced Nanometer Nodes Semiconductors Electro-Thermal Modeling and Optimization

SAN DIEGO, Sept. 29, 2022 (GLOBE NEWSWIRE) -- GBT Technologies Inc. (OTC PINK: GTCHD) ("GBT” or the “Company”) is researching to develop Electro-Thermal Aware design environment electronic design automation (EDA) technology for integrated circuits (IC). Increasing power densities, cost and an associated greater utilization of advanced nodes semiconductors are making electro-thermal analysis and simulation a crucial reliability aspect. The ever-growing packing density and power consumption factors are significantly affecting IC’s design’s electro-thermal behavior. The increasing variability of processes parameters, particularly in advanced nanometer technologies has resulted in a larger impact of the substrate and metal line temperatures and on the reliability and performance of the devices. Research data shows that more than 50% of all IC failures are related to thermal issues. GBT is researching to develop an Electro-Thermal Aware design environment for integrated circuits with the goal of addressing thermal impact early during the design stages. The design environment is planned to perform a microchip’s Electro-Thermal analysis to detect hot areas in the physical layout. The analysis is planned to be running in the background as the engineers are designing the IC’s circuits and layout. The goal is to create the IC’s thermal map on-the-fly and alerting designers for possible hot-spots that should be eliminated to keep the chip’s optimal temperature. The interactive analysis will be responding to the chip’s circuit’s power variations in real-time, with the goal of accurately predicting the die temperature including neighboring device effect. The goal of the system will be to generate thermal maps interactively pointing to heated zones that may cause performance issues or lead to chip’s failure. The system will simulate the IC’s during peak power consumptions to identify critical area that may overheat. High operating temperature of a microchip will significantly lower its reliability and performance. It is the goal of an Electro-Thermal Aware Design environment to keep the chip’s die at the optimal operating temperature during operation, ensuring high performance, superior reliability, optimized power management and long life.

“It is GBT’s goal to determine the feasibility of an Electro-Thermal Aware Design environment for integrated circuits that can be implemented early in the design stage and therefore create Thermal Friendly design at the point of construction. It is expected that the system will start with Library Cells design, which are the basic layout blocks. The goal of the software is to achieve block level, homogenous thermal dissipation and, therefore, less current consumption and better performance.

As today’s electronic designs are constantly driven by the demand to reduce in size and provide faster performance, ultimately they translate into high power densities, higher operating temperatures and reduced reliability. Furthermore, local hot spots, which have much higher temperatures compared to the average die temperature, are becoming more common in advanced nodes and power circuits. Elevated temperatures are a major contributor in lowering the IC’s performance and reliability. We believe an efficient IC’s thermal design could directly impact the overall system performance and reliability. We are already addressing reliability with our Epsilon EDA technology and now expanding into the Electro-Thermal domain since it is a crucial reliability factor. We believe finding an optimized solution, early during the IC’s design stage, is the most efficient solution to keep the IC’s operating temperatures in the optimal zone for best performance and superior reliability. A microchip’s electro-thermal map should be “green” only and our technology will eliminate the “red” and “orange” zones. Given the immense size of modern chips, we plan to utilize our machine learning technology in our research. Reliable thermal assessments require a combination of efficient analytical calculations using thermal specifications, empirical analysis and thermal modeling. We believe that the key for efficient Electro-Thermal behavior is an early analysis and correction to ensure high performance, low power consumption and long life of integrated circuits projects.” stated Danny Rittman, the Company’s CTO.

The Company released a video presenting this press release that can be viewed at: https://youtu.be/uGXfEvGGTj4.

There is no guarantee that the Company will be successful in researching, developing or implementing this system. In order to successfully implement this concept, the Company will need to raise adequate capital to support its research and, if successfully researched and fully developed, the Company would need to enter into a strategic relationship with a third party that has experience in manufacturing, selling and distributing this product. There is no guarantee that the Company will be successful in any or all of these critical steps.

About Us

GBT Technologies, Inc. (OTC PINK: GTCHD) (“GBT”) (http://gbtti.com) is a development stage company which considers itself a native of Internet of Things (IoT), Artificial Intelligence (AI) and Enabled Mobile Technology Platforms used to increase IC performance. GBT has assembled a team with extensive technology expertise and is building an intellectual property portfolio consisting of many patents. GBT’s mission, to license the technology and IP to synergetic partners in the areas of hardware and software. Once commercialized, it is GBT’s goal to have a suite of products including smart microchips, AI, encryption, Blockchain, IC design, mobile security applications, database management protocols, with tracking and supporting cloud software (without the need for GPS). GBT envisions this system as a creation of a global mesh network using advanced nodes and super performing new generation IC technology. The core of the system will be its advanced microchip technology; technology that can be installed in any mobile or fixed device worldwide. GBT’s vision is to produce this system as a low cost, secure, private-mesh-network between all enabled devices. Thus, providing shared processing, advanced mobile database management and sharing while using these enhanced mobile features as an alternative to traditional carrier services.

Forward-Looking Statements

Certain statements contained in this press release may constitute "forward-looking statements".  Forward-looking statements provide current expectations of future events based on certain assumptions and include any statement that does not directly relate to any historical or current fact. Actual results may differ materially from those indicated by such forward-looking statements because of various important factors as disclosed in our filings with the Securities and Exchange Commission located at their website ( http://www.sec.gov).  In addition to these factors, actual future performance, outcomes, and results may differ materially because of more general factors including (without limitation) general industry and market conditions and growth rates, economic conditions, governmental and public policy changes, the Company’s ability to raise capital on acceptable terms, if at all, the Company’s successful development of its products and the integration into its existing products and the commercial acceptance of the Company’s products.  The forward-looking statements included in this press release represent the Company's views as of the date of this press release and these views could change.  However, while the Company may elect to update these forward-looking statements at some point in the future, the Company specifically disclaims any obligation to do so.  These forward-looking statements should not be relied upon as representing the Company's views as of any date subsequent to the date of the press release.

Contact:

Dr. Danny Rittman, CTO
press@gopherprotocol.com