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Tag: Asia

IBM Opens Three New Offices In India

  IBM announced the opening of three regional offices in India as part of the company’s on-going geographic expansion in the country. The new offices in Dehradun (North India), Guwahati (Eastern India) and Raipur (Central India) provide IBM with a footprint of 18 branch offices across India to date. IBM is currently focused on increasing its presence in smaller, rapidly developing Indian cities as part of its plan to establish a presence in 40 Indian cities by 2013. As a key part of its growth strategy, IBM is investing in the Indian education system with a number of partnerships and academic initiatives especially to support the growth of open source technologies. For example, IBM is partnering with the Indian Institute of Technology (IIT) in Guwahati to...

India’s Biggest Business Group Finally Has A Successor

By Adam E. John The board of directors of Tata Sons has appointed Cyrus P. Mistry as Deputy Chairman. He will work with the current chairman Ratan N. Tata over the next year and take over from him when Mr Tata retires in December 2012. This is as per the unanimous recommendation of the selection committee. Mistry, currently managing director, Shapoorji Pallonji Group, has been a director of Tata Sons since August 2006. He is a graduate of civil engineering from Imperial College, London, and has a master of science in management from the London Business School. The Tata group is India’s biggest business group, and contributes some 7 per cent to the country’s total GDP. The group has considerable IT and telecom interests, and owns Tata...

IBM Helping Wave In India To Build A Smart City

Wave, a diversified business group in India, has engaged IBM in its green-field township project for Wave City, a smart township. Located in Ghaziabad (Uttar Pradesh State), the 4500 acre township will be one of the first urban developments in the country to be designed with smart systems. As a consulting partner, IBM has developed a roadmap that includes application and technology infrastructure as well as possible revenue models for the township to provide these living amenities to its residents. IBM is assisting Wave City to identify the different systems (for example, transport, emergency services) that make up the township, and to understand how these systems interact with and affect each other. Under the recommendations from IBM, a central command centre will integrate and interconnect information...

Accel Partners Closes $155 Million Accel India Fund

By Vikram Sethi Accel Partners, a global venture capital and growth equity firm, and an investor in Facebook, has announced the closing of Accel India III, a $155 million fund for seed and early stage investments in India. Accel’s India team will also evaluate select late-stage investments in India. The fund has attracted institutional investors from North America, Europe and Asia, and will focus on opportunities in Internet services, digital media, SaaS and enterprise technologies, mobile, healthcare and education, and other high-growth sectors. Accel currently has 34 portfolio companies in India.  Subrata Mitra (Partner, Accel Partners): While traditional venture capital and growth equity have been increasingly drawn to India over the past several years, the true seed and early stage markets are still under-served, attracting relatively smaller...

Intel Capital Investing $40 Million In Ten Asian Companies

Intel Capital is making or in the process of making a total of $40 million worth of investments in ten  Asian companies. The investments include eight new investments in companies from China, India, Japan and South Korea, and two planned investments in companies from Taiwan. Details of each investment, including the amount to be invested, were not disclosed. The ten  investments cover a range of innovative technologies, including semiconductor design and manufacturing, green technology, software, security, social gaming and cloud-based services. Details G-cluster Global Corp. (Japan): G-cluster is a technology, content and services provider, offering interactive cloud-based services using the company’s patented G-cluster technology. The G-cluster system has been commercially deployed as a cloud gaming service with French telecom operator SFR and in Japan as T’s TV...

Accenture Gets Maharashtra Government (India) Consulting Contract

The Government of Maharashtra (India) has awarded Accenture a three-year, management consulting and technology contract to help manage the administration of labor laws and create a management system to support services ranging from renewal of licenses to filing online grievances through an interactive portal. The size of the contract was not shared. The contract supports the Mahashramm initiative, designed to better manage and track services and payments through collaboration with banks for India’s unorganized workforce of 20 million people.  The program has been cited by the International Labor Organization as one of the leading best practices in the world. Accenture will help implement a management framework and technology system to provide services, including registration and filing of applications, by building an online portal and creating a...

Tier Two Cities Account For Close To 66 Per Cent Printer Sales In India

According to International Data Corporation’s (IDC) India City-wise Monthly Printer Tracker Report, while the tier one cities constituted close to 34 per cent of the hard-copy printer (HCP) unit shipment in India, the rest of the shipment was accounted for by tier two cities and beyond. The results are based on interviews with 407 channel partners of OEMs, among other key industry stakeholders, in 45 cities across various states. In India, decision making cycles for the industry have shortened in view of the intensely competitive landscape. There is also clear volume growth and deepening in markets beyond the metros and tier two cities. Rahul Kanwar, Research Manager at IDC India, observed, "Channel partners began stocking up inventories in August in the wake of festive season ahead,...

Honda Makes World’s First Autonomous Behavior Capable Robot

By  Sudarshana Banerjee Honda Motor has unveiled a new ASIMO humanoid robot equipped with what the company says could be the world’s first autonomous behavior control technology.  What this means is that these robots will be able to function without being controlled by an operator. The robots also have ‘significantly improved intelligence’ and the physical ability to adapt to situations, which Honda says brings Asimo (the name stands for Advanced Step in Innovative Mobility) closer to being employed in practical use in real life situations. Lets see what new Asimo comes with: 1) High-level postural balancing capability - which enables the robot to maintain its posture by putting out its leg in an instant, 2) External recognition capability - which enables the robot to integrate information, such as movements of...

Motorola Unleashes Fire Power For Europe, Asia

By Vikram Sethi Motorola Mobility Italia has launched a new budget-friendly Android-powered smartphone. The Motorola Fire XT comes in dark titanium and is expected to be available from the end of November in Italy at the recommended retail price of 199 euro without contract, including tax. Check out the specs; the Fire packs in quite the power at such a petite price tag. Unfortunately, it is not immediately apparent when the Fire will cross the Atlantic shores to the United States. Looks like the Fire will be confined to the Asian and European markets for the time being. Key Features and Specifications  Runs on Android 2.3 (Gingerbread) Dual-band HSDPA/Quad-band EDGE 3.5” HVGA display with capacitive multi-touch 5MP camera with auto-focus and built in flash 800MHz chipset 512MB onboard memory 2 GB MicroSD card inbox;...