5, Oct 2023
Digikore Studios Makes History: 3rd Largest SME IPO Subscription in India, NSE listed at 57% premium over IPO Price
Mumbai, 5th October 2023: In a historic turn of events, Pune-based Digikore Studios, a world-class visual effects (VFX) studio, achieved a remarkable milestone with its successful IPO launch, securing the prestigious title of the 3rd largest SME IPO subscription in India’s history. The company now stands on the threshold of a new chapter in its remarkable journey, with its shares being listed at Rs 270 on the NSE Emerge, against the issue price of Rs 171, indicating a 57.8 percent premium.
The recent IPO launch in September 2023 sent shockwaves through the investment landscape as it garnered an astounding oversubscription rate of 18.78 times on the very first day. Retail investors showcased remarkable enthusiasm, oversubscribing by a staggering 32.73 times their allocated portion, while non-institutional buyers demonstrated their eagerness by subscribing 15.02 times. Qualified Institutional Buyers (QIBs) too expressed unwavering confidence, subscribing to their allotted portion by 7.09 times.
By the end of the second day, Digikore’s IPO had been oversubscribed by an impressive 65.59 times, further solidifying its position as a future leader in the VFX industry. The crescendo came on the final day, with an incredible oversubscription of 243.11 times amounting to applications worth Rs. 5,411 crores. Investors bid for a remarkable 31,64,27,200 equity shares, far exceeding the total offering of 13,01,600 shares. This demand reaffirmed Digikore’s status as one of the hottest IPOs in recent memory.
Abhishek More, Founder and CEO of Digikore Studios, expressed his excitement, saying, “We are thrilled to reach this significant milestone, which reflects the tremendous trust and support from our investors. The VFX and animation industry in India is experiencing a remarkable transformation, driven by a growing appetite for top-tier visual experiences in cinema, television, and advertising. With ever-evolving technology, we are empowered to take on more ambitious and inventive projects.”
He further added, “The Indian VFX and animation sector is poised for a bright future, projected to achieve a robust CAGR of 20% to 25% and surging towards an estimated market value of INR 190 billion by 2025. At Digikore, we are not just witnessing but actively shaping this promising future. With the resources from our successful IPO, we are committed to pushing the boundaries of visual effects and animation, setting new industry standards, and contributing to the remarkable growth of the Indian VFX sector. We eagerly anticipate delivering more groundbreaking visual effects and animation work from India in the years ahead.”
But this achievement did not happen overnight. Let’s rewind to discover the incredible journey that led Digikore to this moment. Digikore Studios, initially setting sail as a 2D animation venture in 2000, embarked on an extraordinary journey characterized by resilience and transformation. Through the ups and downs, from nearly facing closure to emerging as a global VFX powerhouse, Digikore’s story embodies robust vision and adaptability. A pivotal moment came in 2010 when they secured their first major VFX project, James Cameron’s Titanic 3D, heralding a new era of possibilities.
While they briefly ventured into Bollywood, the company soon realized the importance of profitability over fame, leading to a refocus on Hollywood in 2016. Just when things were looking up, the unexpected challenge of COVID-19 hit. However, Digikore proved its adaptability, swiftly adjusting to the surge in streaming platforms’ demand, which kept their business afloat.
Digikore has played a pivotal role in some of the world’s most iconic movies and shows, including Thor: Love and Thunder, Black Panther: Wakanda Forever, Deadpool, Star Trek, Jumanji, Stranger Things, Game of Thrones, The Last Ship, Titanic 3D, and Ghost Rider: Spirit of Vengeance, among others. They count every major studio in their list of growing clients including Disney, Marvel, Netflix, Amazon, Apple, Warner Brothers, Sony, Paramount, and Lionsgate.
The VFX industry is undergoing a seismic shift toward Virtual Production, and Digikore stands at the forefront of this revolution. Digikore’s early adoption places it in a prime position to drive substantial revenue and profits in the coming years. It has a proud history of embracing cutting-edge technologies, from AI in 2022 to leading the way in Virtual Production. This disruptive technology will democratize filmmaking, reshaping how movies, TV series, and commercials are created.
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- By Rabindra
5, Oct 2023
Foxtale’s WorksWonders festive campaign celebrates everything that gives one that lit-from-within glow
Mumbai, October 5th, 2023: One of India’s leading D2C skincare brands, Foxtale has launched its very first 360-degree campaign #WorksWonders featuring Jennifer Winget as the face of the brand. The campaign is a celebration of all the big and small things that make people glow from within during the festive season. It focuses on how the bonds we build with our family and friends are what truly make us shine.
To bring out this message Foxtale has partnered with Jennifer Winget, one of India’s most recognized celebrities.
Through the years Jennifer Winget has epitomized the modern Indian women – ambitious yet rooted, talented yet humble, a go-getter and a wonder woman which made her the perfect partner for the campaign. In their 50 second digital commercial, they beautifully capture how even the simplest moments spent with friends and family bring the kind of happiness nothing else can. The digital commercial further focuses on how in the times of picture-perfect digital era, it’s the meaningful time spent off-camera that truly makes you glow.
Speaking on the campaign, Romita Mazumdar, Founder & CEO of Foxtale said, “Jennifer is a woman of wonder! Her timeless personality is something that truly resonates with our audience. They look up to someone like her because she is both aspirational and inspirational. So to do this campaign with her just felt right. That true glow comes from the strength and love of the relationships we foster. In a time when everyone is chasing the latest beauty trends, we want to remind our audience to focus on the real things that matter – family that comforts them, friends that always have your back and skincare that shows visible results.”
Enthusiastic about the campaign and association, Actor Jennifer Winget shares “I am absolutely thrilled to be a part of the Foxtale journey. I have followed the brand closely and it is great to see how a young brand has created such an impact on the Indian beauty sector in such a short span of time. Foxtale has always put out innovative, high-performing products with a vision that amplifies the narrative of authentic, real beauty by understanding the skin we’re in, enhancing it, and making a difference. With their #WorksWonders festive campaign, the brand is once again breaking barriers, focusing on the concept of true glow that exudes when we’re amidst joyous experiences with our loved ones. Because nothing makes our faces light up more than the people we love.”
The #WorksWonders digital commercial promises to engage the audience across various platforms. The campaign aims to create an impact across prime digital channels and social media platforms. Foxtale also plans multiple onground consumer experiences and activities across major Indian metros in the upcoming festive quarter as a part of this brand campaign.
5, Oct 2023
Recykal Certifies The Baker’s Dozen as a Plastic Neutral Brand
Hyderabad, 5th, October: India’s largest artisan bakery brand, The Baker’s Dozen, has embarked on an impactful sustainable initiative starting this financial year. The brand is dedicated to a 10-15% reduction in its carbon footprint and a significant reduction in plastic usage by the end of this financial year. Using Recykal’s Plastic Neutrality solution, the brand has effectively neutralized its plastic footprint for the period from April to July 2023.
The Baker’s Dozen recovered 35.29 MT of MLP (Multi Layered Plastic) and 0.4 MT of LDPE (Low-Density Poly Ethylene) plastic waste.
The impact that The Baker’s Dozen has created by achieving plastic neutrality for the period April- July 2023 :
● Reduced 48.5 MT emissions of CO2
● Generated 19409.5 KWh energy from waste
Recykal follows a three-step process to certify a brand as plastic-neutral. Firstly, the brand’s plastic footprint is calculated, taking into account both mandatory and voluntary compliance. Secondly, the calculated footprint is verified through Recykal’s digital platform. Finally, Recykal provides impact-offsetting solutions to the brand and ensures that the calculated footprint is recovered. Once the brand receives Impact Recovery Tokens, it is certified as plastic-neutral.
Ekta Narain, Co-Founder and Chief Business Officer, Recykal commented, “Congratulations to ‘The Baker’s Dozen’ on their remarkable achievement of plastic neutrality! We commend their dedication and commitment to sustainable practices. By effectively offsetting their plastic footprint, they have contributed to a greener and cleaner environment and set a compelling example for other businesses to follow. As more forward-thinking brands step up to offset their plastic usage, our mission at Recykal is to bring 10 percent of India’s waste into a circular Economy by 2027. Together, we can contribute to a more sustainable future for future generations.”
Commenting on this initiative, Aditi Handa, Co-founder and head Chef, of The Baker’s Dozen mentioned, “All things that we have gotten right are because of an ask our customers had. In 2019, when we shifted to plastic packaging, it upset some of our customers and they were honest enough to share their disappointment with us. Since then, we have been wanting to do something to offset it. Although later than what I had hoped, earlier than never, we have finally embarked on our journey to give back to Mother Earth for all that it showers us with. This is a small but significant start for us and it will only become bigger and bigger.”
5, Oct 2023
From Farm to Doorstep in a Flash: Natureland Teams Up with Swiggy Instamart
October, New Delhi: Natureland Organics, a pioneer in the Indian organic food sector, is excited to announce its collaboration with Swiggy Instamart. This strategic partnership aims to deliver Natureland’s extensive range of organic products directly to consumers’ doorsteps in record time.
Natureland has newly partnered with Swiggy Instamart with the goal of achieving nationwide accessibility. This collaboration aims to offer a seamless and convenient shopping experience for health-conscious consumers across India.
Established in 2002 by brothers and agriculturalists Arvind Godara and Ajeet Godara, Natureland Organics was founded with the goal of creating a direct and efficient link between small-scale farmers and global buyers looking for high-quality and affordable organic produce. As of now, the company oversees more than 35,000 acres of certified organic farms spread across India.
In addition, Natureland has expanded its reach with more than 10 franchisee stores and over 15,000 retail counters, making its products widely available across the country. The company has also strengthened its national presence through collaborations with major e-commerce platforms such as Amazon, Zepto, Big Basket, Blinkit, Flipkart and Cred.
“Natureland Organics has been dedicated to offering top-notch organic products to the customers. Our collaboration with Swiggy Instamart is a monumental step in making organic food accessible to everyone. We believe this partnership will not only extend our reach but also make organic food shopping a convenient and immediate affair for our consumers” said Mr. Arvind Godara, Managing Director of Natureland Organics.
“As a platform that reaches millions of households every month, Swiggy Instamart is always looking for more ways to bring healthy food options to users. We’re happy to welcome Natureland to our selection of organic foods. Their dedication to quality and sustainable practices perfectly complements our own ethos. Bringing them onboard will offer our customers a wider range of healthy and organic options.” said Ms. Neha Jha, Manager, Swiggy Instamart.
The collaboration will feature Natureland’s diverse product line, including organic oils, whole wheat flour, pearl barley, corn flakes, pasta, and a variety of millets, among other groceries and kitchen essentials.
With a robust turnover of INR 132 crores last year, Natureland Organics has set its sights on achieving revenue of INR 200 crores in the upcoming fiscal year and planning to raise the funds for further expansion. The new equity funding will be used in the expansion of operations to other geographies.
At the core Natureland Organics’ mission is the empowerment of farmers and the streamlining of organic food distribution. The company has been instrumental in educating nearly 10,000 farmers across 7 Indian states, advocating for sustainable farming practices.
This collaboration marks a significant milestone in Natureland Organics’ journey, bringing organic food closer to consumers while supporting sustainable farming. It’s a win-win for all consumers, farmers, and the planet.
5, Oct 2023
Toyota Kirloskar Motor Continues to Enhance its Presence by Setting Foot in Andaman and Nicobar Islands
Andaman, 05 October 2023: In line with the company’s plan to enhance its footprints in India to establish a strong foothold across the country, Toyota Kirloskar Motor today inaugurated its latest dealership, Prince Toyota in Andaman and Nicobar Islands, marking the company’s entry into a new market. The new state-of-the-art dealership facility will now provide access to TKM’s entire range of product portfolio and service offerings to the customers in this region.
The inauguration of the new 1S (Sales) and 2S (Service, and Spare Parts) facilities was honoured with the presence of Mr. Tadashi Asazuma, Executive Vice President- Sales, Service & Used Car, TKM, and Mr. Varinder Kumar Wadhwa, General Manager, TKM along with Mr. Sagar Khurana, Dealer Principal, Prince Toyota.
The Sales facility (1S) is located at Garacharma, Port Blair, South Andaman, and the Service and Spare Parts facility (2S) is located at Prothrapur, South Andaman, Andaman and Nicobar Islands. Together, they will play a crucial role in providing a comprehensive experience to the discerning customers in the region with Toyota’s range of products on display, host of services, maintenance packages as well and spare parts, ensuring them top-notch support and assistance for their Toyota vehicles.
Prince Toyota’s impressive sales facility, covering over 6000 square feet of area, is an exclusive and independent customer touchpoint, providing customers with a welcoming & warm atmosphere. The new dealership will showcase the entire range of Toyota offerings from the latest additions of Rumion, Innova Hycross, Urban Cruiser Hyryder along with class-leading products like Innova Crysta, Fortuner, Legender, Hilux, Glanza, Camry Hybrid, and the Vellfire.
The Service area spread over 10000 square feet is designed to offer a delightful customer experience with the highest standards of vehicle care in the Andaman and Nicobar Islands. In addition, the team of highly trained sales and service professionals will also ensure that Prince Toyota is well-prepared to deliver exceptional service and maintenance to the Toyota owners, thereby ensuring an awesome ownership journey.
Furthermore, along with its legacy of Quality, Dependability, and Reliability, TKM is also bringing its most renowned “Hybrid Technology” to Andamans. Toyota’s Self Charging Strong Hybrid Electric Vehicles (SHEV) are designed to offer a smoother, silent, and more efficient drive thus accelerating a carbon-neutral future that will contribute to preserving the fragile ecosystem of the Andaman Islands. The eco-sensitive areas of Swaraj Dweep and Shaheed Dweep (Havelock and Neil) are seeing a sharp rise in tourism, resulting in the need for environment-friendly vehicles. Customers from such areas will now have access to the low carbon emitting hybrid vehicles from Toyota, that are equipped to handle the diverse needs of the region.
Mr. Sagar Khurana, Dealer Principal, Prince Toyota said, “We are thrilled about our new partnership with Toyota Kirloskar Motor as we eagerly look forward to providing customers with improved access to Toyota’s world-class products and a range of customer-centric after sales service solutions. Our facility is designed to offer a complete Toyota experience, combining comfort, convenience, and service quality that align with Toyota’s globally renowned standards. We are enthusiastic about nurturing this new partnership with the Toyota brand, and will remain steadfast in our commitment towards customer centricity to build strong and lasting relationships with our customers here.”
Commenting on the inauguration of Prince Toyota Mr. Tadashi Asazuma, Executive Vice President and Head of Sales, Service & Used Car, TKM said, “With the inauguration of Prince Toyota, we are elated to embark on a new journey that will enable easy access to Toyota’s wide range of products and services, to our customers of the enchanting Andaman and Nicobar Islands. Owing to its natural beauty, rich heritage and culture, the islands have huge growth potential for tourism. We strongly believe that our recently introduced models, equipped with environmental friendly Self Charging Strong Hybrid Electric Vehicle (SHEV) Technology, the Innova Hycross and the Urban Cruiser Hyryder are best suited, practical and sustainable solutions to meet the varied needs of our customers in the islands, at the same time contribute positively to the ecology of the region and society at large. We are happy to engage Prince Toyota as our partner as we share the same customer centric values and goals of creating customer delight at every touch point. With our new facility at Prince Toyota, we are confident of providing an awesome ownership experience to our customers in the beautiful Andaman & Nicobar Islands.”
With the addition of Prince Toyota, TKM now boasts an impressive 615 customer touchpoints thus demonstrating the company’s dedication to reaching customers in every corner of the country, providing them with quality vehicles and excellent service.
5, Oct 2023
“This light-hearted and relatable show is the need of the hour,” Shantanu Maheshwari on his latest release Campus Beats
Mumbai, 5th October 2023: Amazon miniTV, Amazon’s free video streaming service, recently released its much-anticipated teen-drama series, Campus Beats. The series is being lauded for its unbridled emotions, thought-provoking narrative, and talented cast. Following the journey of two dance groups OGs and BGs, the series depicts the life of college students with a backdrop of a dance academy. Starring Shruti Sinha, Sahaj Singh Chahal, Harsh Dingwanii, Tanya Bhushan, Dhanshree Yadav, Teriya Magar, Adnan Khan, and Rohan Pal in pivotal roles, along with Shantanu Maheshwari, and Tanvi Gadkari.
Commenting on how they made her character speak raw emotions with a powerful stand, Tanvi Gadkari stated, “In all honesty, I gave it my all to this character, she was a tough one to crack. We prepared for a month, we had our acting workshop and dance rehearsals. I didn’t get any reference for my character as my creator-producer Palki Ma’am wanted the character to be authentic. The preparation for this was more about finding myself and adding my personality to the role. So, the emotional scenes that I have with my mother or with my boyfriend are something that I felt deeply and performed. I hope the audience sees me through this character.”
Adding to this, Shantanu Maheshwari decoded the unique essence of Campus Beats and how it is a must-watch for everyone. “Off-late there are very few teen-drama series, and I think that’s what gives Campus Beats an edge. The show conceptualised by Palki Malhotra, covers so many aspects of modern society. Today, we talk about mental health, bullying, etc. and all these topics have been dealt with in the series which amplifies the narrative for a larger plot. There is dance, fun, friendship, jealousy, and romance, and I think this kind of light-hearted and relatable show is the need of the hour. I think this is the reason why people are appreciating it and demanding a second season. This show has a real energy that sets it apart and will help people connect with it,” he said.
Experience an array of emotions across love, romance, relationships, and passion with ‘Campus Beats’ streaming live on Amazon miniTV, for free within the Amazon shopping app, on Fire TV, and on Playstore.
5, Oct 2023
Mother’s Recipe Introduces Affordable Small Spout Packs for its Exotic Sauces Range
Bhopal, October 05, 2023 – Indians are increasingly trying & enjoying flavors from around the world due to the increase in eating outside food, exotic sauces play an integral role in creating such food in the comfort of your home. Understanding the need of the hour Mother’s Recipe, India’s leading food brand has recently announced the launch of a smaller-sized spout pack of their Recipe Global Exotic Sauce Range in four exciting flavors: Red Chili, Green Chili, Garlic Chilli, and Soya Bean. The 85g spout packing is not only more affordable but also offers convenience in storing & usage.
Recipe’s Exotic Global Sauces make your food taste amazing and make it easy to cook international dishes at home. What makes Recipe unique is that these sauces contain no added MSG or no added artificial colors. The Recipe brand is all about giving you something special: the ability to cook in many ways, authentic and genuine flavors, and a taste of the world at an affordable price. These sauces are the perfect choice for preparing tasty Chinese dishes such as fried rice, Chow mein, and Paneer chili.
Commenting on the launch Ms. Sanjana Desai, Executive Director, Mother’s Recipe, said “In today’s fast-paced world, we understand the importance of convenience without compromising on quality. Our sauces are free from added colors and MSG, and cater to the needs of our customers, providing them with the flavors they love in a convenient, portable package.”
The product range is now available at your neighborhood store and leading supermarket chains in Indore, Jabalpur, Bhopal, Nagpur, and Bangalore, priced at Rs. 25 ONLY for 85g.
5, Oct 2023
Cornerstone OnDemand India Services India Pvt. Ltd Is Now Great Place To Work Certified
New Delhi, 5th October 2023– Cornerstone OnDemand India Services India Pvt. Ltd has been Great Place To Work® Certified™ in India.
Great Place To Work® is the global authority on workplace culture. Since 1992, they have surveyed more than 100 million employees worldwide and used those deep insights to define what makes a great workplace: trust. Their employee survey platform empowers leaders with the feedback, real-time reporting, and insights they need to make strategic people decisions. The Institute serves businesses, non-profits, and government agencies in more than 60 countries and has conducted pioneering research on the characteristics of great workplaces for over three decades.
Nishchae Suri, Managing Director, Cornerstone India, said, “This recognition is a testament to the dedication, passion, and unwavering commitment of every Cornerstar in India. It is also a reflection of our commitment to fostering a workplace that empowers and inspires every Cornerstar. Together, we have built a culture that encourages growth, creativity, and excellence.
We believe that our people are our greatest asset, and this recognition reaffirms that belief.
This recognition as a Great Place to Work is not an endpoint. It is only the beginning of making Cornerstone, an Extraordinary workplace! “
At Cornerstone in India, we have a planet-sized ambition and a shared vision of reaching new heights. With 1500+ Cornerstars in India, we’ve cultivated a high-performance work culture for our sustainable growth & success. Fostering an environment that embraces change & encourages adaptability, is about enabling our employees to stay ahead of the curve and together drive organizational growth.
We are on a mission to revolutionize the way organizations manage and develop their most important asset: their people. At Cornerstone, our goal is to empower organizations by providing cutting-edge technology and comprehensive talent development solutions to prepare their workforce for the future. We remain deeply committed to our customers and are continuing to invest & grow our capabilities to enable organizations to deliver business impact by maximizing performance & tapping human potential.
5, Oct 2023
“Everyone is so grounded and experienced in their line of work”, Kunal Thakur about his co-actors in ‘Who’s Your Gynac?’
Mumbai, 5th, October 2023: Amazon miniTV – Amazon’s free video streaming service, recently released a medical drama series, ‘Who’s Your Gynac?’. The show has garnered immense appreciation from across quarters for its authenticity in discussing women’s health issues and educating about sexual health. It follows the story of Dr. Vidushi, a young obstetrician-gynecologist who is attempting to strike a balance between her work and personal life. Who’s Your Gynac? is currently streaming on Amazon miniTV, featuring Saba Azad, Vibha Chibbar, Karishma Singh, and Aaron Koul, along with Kunal Thakur who is seen in the role of a charming pediatrician, Arth Dhamecha.
Kunal expressed how he enjoyed working with his talented co-actors and how each of them is so humble, “My experience working with Saba, Karishma, Aaron, and Vibha ma’am was amazing because everyone is so grounded and experienced in their line of work. Everyone’s craft was on point, we all have worked collectively, and everyone was receptive to everything”, he shared.
When asked about the reason that makes the show captivating and a must-watch, Kunal shared, “One of the biggest reasons for the viewers to watch this show is that it discusses the untouched subjects in our society like women’s health and reproductive well-being. We have made an effort to bring more awareness in our society about sexual health and conveyed it with a tinge of comedy.
Unfold the journey of a Gynac filled with drama, emotions, love, and quirky-confused patients with ‘Who’s Your Gynac?’ streaming live on Amazon miniTV, for free within the Amazon shopping app, on Fire TV, and on Playstore.
5, Oct 2023
Kyndryl Announces Strategic Global Alliance with Palo Alto Networks
INDIA, Oct 5, 2023 – Kyndryl (NYSE: KD), the world’s largest IT infrastructure services provider, today announced a strategic global alliance with Palo Alto Networks to provide end-to-end network and cybersecurity services, including the launch of a new service offering, powered by Prisma SD-WAN for enterprises and Industry 4.0 customers.
The alliance brings together Palo Alto Networks’ industry-leading platform security capabilities with Kyndryl’s advanced network security services expertise to design, build, manage, and modernize mission-critical networking for customers across industries.
The companies are joining forces to capitalize on emerging opportunities in the SD-WAN infrastructure market that IDC estimates will grow at a compound annual growth rate of 10.1% through 2027. As the demands of enterprise mobility accelerate, enterprises are looking for greater operational agility to support their digital transformation. Businesses need to support the growing number of devices used to access the corporate network and cloud-based applications, while also meeting evolving security and compliance requirements.
Kyndryl and Palo Alto Networks are partnering to help businesses deliver consistent security and an enhanced user experience for customers everywhere and across industries such as services, manufacturing, energy, healthcare, and retail. Kyndryl’s new SD-WAN offering, powered by Prisma SD-WAN, will enable customers to transform and modernize their networks and meet the growing bandwidth demands of the proliferation of devices and cloud traffic.
The new approach to network connectivity will provide a single pane of glass management to their networks and simplify deployment to branch offices and edge services. By helping customers transition into a flexible and scalable network, Kyndryl will be able to help enterprises build a roadmap and incorporate new security paradigms such as SASE with Kyndryl Consulting services.
“At Kyndryl, we are at the forefront of helping enterprises with their network transformation to meet the growing trends of remote work, multi-device usage, and cloud and data access. As organizations move away from traditional hardware-centric models to OPEX consumption models, the need for agile, highly secure and reliable networks is imperative,” said Stephen Leonard, SVP of Global Strategic Alliances, Kyndryl. “We are delighted to partner with Palo Alto Networks to provide robust and versatile network security services that will provide many benefits to our customers.”
“Together with Kyndryl, we are enabling enterprises to digitally transform confidently and innovate securely, while reaping the benefits of consolidating disparate security solutions into an integrated, best-of-breed platform,” said Prem Iyer, SVP of Global Ecosystems for Palo Alto Networks. “We are committed to helping our joint customers achieve better security outcomes while protecting the modern connected organization from increasingly sophisticated attacks.”
The global partnership between Kyndryl and Palo Alto Networks builds on the companies’ established collaboration around security services and solutions. In July Kyndryl launched its new Security Operations as a platform (SOaap) solution leveraging Palo Alto Networks Cortex technology to drive operational savings and time-to-value through automation and orchestration.
Earlier this year, Kyndryl and Palo Alto Networks, together with Nokia, established an innovation lab in support of joint enterprise customers. By the end of the year, customers will be able to view innovative industrial edge use cases running on the cloud, 4.9G/LTE, and 5G private wireless connectivity.
This will include remote manufacturing process control and real-time analytics on factory production sites, provisioning and management of mobile devices to improve the employee and frontline worker experience for onboarding and communication, and IT and OT security integration for worker safety and operational efficiencies. Kyndryl’s industrial edge platform will be integrated with a multi-factor zero trust model built on Palo Alto Networks next-generation firewalls, run on Nokia’s MXIE Industrial edge as part of Nokia Digital Automation Cloud (DAC)’s solutions, and with end-to-end managed services provided by Kyndryl.
