2, Jun 2023
Cigniti Technologies Digital Engineering Services (DES) Appraised at CMMI® Development V2.0 Maturity Level 3
Mumbai,2nd June 2023 Cigniti Technologies Limited, the world’s leading AI & IP-led Digital Assurance and Digital Engineering Services company, has been appraised at CMMI® Development V2.0 Maturity Level 3 for its Digital Engineering Services. This significant milestone reinforces Cigniti’s commitment to excellence and sets new standard in the field of digital engineering.
The Capability Maturity Model Integration (CMMI) is an internationally recognized framework that assesses an organization’s maturity and capability in various process areas. The Level 3 appraisal showcases Cigniti’s establishment of robust and standardized processes for managing and delivering digital engineering services, ensuring consistent quality and efficiency in its offerings. This certification is in addition to the existing CMMI-SVC V2.0 Maturity Level 5 certification for Cigniti’s software testing services.
Acknowledging the achievement, Srikanth Chakkilam, CEO of Cigniti, said, “We are happy to have achieved the CMMI Development V2.0 Maturity Level 3 appraisal for our Digital Engineering Services. This achievement is aligned with our mission to become a $1 Billion company. It lays a strong path to help increase the confidence of our customers in our ability to offer world-class digital engineering services on top of our existing market leading digital assurance services. We remain committed to leveraging our standardized processes and industry best practices to drive exceptional value for our clients and fuel our continued success. This is a firm step towards marching ahead in achieving our stated goals of growth and being a preferred partner of choice in helping customers accelerate their digital journeys.”
“This certification is a testament to our internal processes and reflects our dedication to meeting and exceeding client expectations. The CMMI Development V2.0 Maturity Level 3 certification benefits our clients by assuring them of our commitment to quality. It provides a more systematic, innovative, robust project management framework and risk-aware approach to project delivery. This certificate also serves as tangible proof of our competence to consistently deliver excellence, empowering our clients with the assurance that they are partnering with a trusted organization for their digital engineering requirements,” said Raghuram Krovvidy, Chief Delivery Officer, Cigniti Technologies.
Mr. Rajiv Shetye, the first SEI-authorized lead assessor in India for the CMMI, performed the appraisal using the latest version of CMMI Development Model V2.0. The appraisal evaluated various aspects of Cigniti’s digital engineering services, including requirements management, planning, technical solution, risk & opportunity management, and quality assurance.
- By Rabindra
19, May 2023
Happiest Minds Technologies honored with STPI Exports & Excellence Awards 2021-22
India,19th May 2023 Happiest Minds Technologies Limited (NSE: HAPPSTMNDS), a ‘Born Digital . Born Agile’, Mindful IT Company, today announced that it has been conferred with the Software Technology Parks of India (STPI) Exports & Excellence Special Jury Award Promising Debutant Indian Category. The award is presented in recognition of contributions made by the STP/IT units in exports, employment generation, innovation, and boosting the overall economy and prosperity of the State of Odisha. The award ceremony was organized by STPI, part of Transforming Odisha Conclave 2023, the Economic Times & co-hosted by the E & IT Department, Government of Odisha, on May 11, 2023, at Hotel Taj Vivanta, Bhubaneswar.
STPI, an autonomous society under the Ministry of Electronics and Information Technology, Govt. of India, has been set up with a distinct focus on boosting Software export from the country. STPI-Bhubaneswar has played a seminal role in promoting IT/ITeS exports from the region by boosting tech entrepreneurship and creating employment opportunities for the local youth. STPI-Bhubaneswar was set up in 1990 and has operational centers at Berhampur, Rourkela, Patna, Ranchi, and Deoghar.
Mr. Venkatraman Narayanan, MD & CFO, Happiest Minds Technologies, said, “We are excited to receive the STPI Exports & Excellence Awards within the first year of starting operations in the State. Odisha is a regional tech hub with a large talent pool, supported by a business-friendly Government, making it a preferred location for us.”
In 2022, Happiest Minds announced its expansion plans in Odisha with a new software Development Centre at Fortune Towers in Bhubaneswar, taking forward its long-term investment plans for further expansion in the state in alignment with the Make in Odisha focus of the state government.
Designed for perpetuity, Happiest Minds is recognized among India’s Top 10 ‘India’s Best Workplaces™ in Health and Wellness 2022, and Top 50 India’s Best Workplaces for Building a Culture of Innovation by All™ 2023 by the Great Place to Work® Institute. The company has also won the prestigious Golden Peacock Award for Excellence in Corporate Governance 2022.
22, Apr 2023
Krones expands its capabilities in process technology with the acquisition of US company Ampco Pumps
In the 2022 fiscal year, Ampco Pumps generated a workforce of more than 130 employees and revenue of approx. US$50 million and a high EBITDA margin. The transaction will increase the profitability margin of the “Process Technology” segment as well as the group margin of Krones. Current Ampco management will remain and will continue to hold 10% of the shares of Ampco. Krones has the option to buy the 10% of the shares in the future.
The acquisition of Ampco Pumps is a major step in expanding the components business of Krones Processing. With Ampco Pumps and Evoguard Valve Technology Krones has now a broad portfolio of all key components for the processing technology market. In addition, the businesses of the two companies complement each other perfectly in regional terms.
The transaction is subject to approval under the relevant antitrust legislation. Krones expects the transaction to be completed (closing) within the first half of 2023. As of the closing date, Krones will consolidate the figures of Ampco Pumps in the “Process Technology” segment.
18, Apr 2023
CoinSwitch ties up with Jump.trade for Metaverse–led advertising with Digital Lands
Asia, 18 April, 2023: Jump.trade, the flagship NFT marketplace of the 360° digital collectible technology enablement platform GuardianLink, announced its partnership with CoinSwitch, India’s largest crypto investing platform. CoinSwitch has entered into this partnership with Jump.trade through a unique proposition for brands to advertise in the Web3 space in the upcoming game by Jump.trade, RADDX Racing Metaverse.
Jump.trade announced the launch of its first racing game RADDX Racing Metaverse earlier this year, and its pre-booking of the RADDX Racing Metaverse NFTs has met with massive success. The game metaverse also opened opportunities for brands and individuals to purchase virtual real estate elements within the game that can be used for commercial purposes like advertising, event-hosting, and a lot more.
Brands like Flipkart and Thoughtworks have already expressed their interest in purchasing Digital Lands NFTs in RADDX Racing Metaverse. At this juncture, CoinSwitch, has also entered into a partnership with Jump.trade This goes in line with the endeavors of CoinSwitch to be an enabler of Web3 innovation in India.
The partnership between Jump.trade and CoinSwitch also shows how Indian brands in the Web3 space have strived to create a symbiosis between each other, so the overall positioning of India in this emerging technology can be strengthened. It is to be noted that Jump.trade, in the last week, surpassed brands like OpenSea to become the number one NFT marketplace on the Polygon Network.
Speaking of this partnership, Kameshwaran Elangovan, COO, Jump.trade said, “The purchase of Digital Lands by CoinSwitch shows how crypto brands, especially in the subcontinent, are getting into the NFT/Web3 space to expand their presence. This is a healthy show of how crypto and NFT brands can work with each other helping Web3 adoption and penetration in India!”
Swati Pincha, Head of Growth, CoinSwitch, added, “An essential principle of growth marketing is to meet users where they are. That is why the metaverse is quickly becoming a must-explore frontier. It is an interactive, collaborative online world that allows people to create, explore, and connect in previously impossible ways. We are thrilled to be part of this innovation wave and associate with RADDX Racing Metaverse. It is exciting to be part of an initiative that blurs the lines between physical and virtual realities, and we can’t wait to see where this immersive journey takes us.”
RADDX Racing Metaverse is to be an engaging and immersive game with elements like cop chases and high-octane races. The Digital Lands is likely to revolutionize advertising as the metaverse will be one of the most prominent hang-out joints, especially for the Gen-Z audience. This would mean that games like RADDX Racing Metaverse are ideal spaces for brands that would like to reach the newer segment of their target audience. CoinSwitch getting into this space proves that it is not only the traditionally rooted brands but even new-age business brands like crypto investing platforms can also capitalize on Web3 advertising.
18, Apr 2023
Indeed’s Hiring Tracker reveals close to half of Indian workers don’t plan to hop jobs in 2023
Bengaluru, 18 April 2023: The latest findings from the quarterly hiring tracker released by the world’s #1 job site, Indeed, reveal that a majority of Indian jobseekers (47%) are not looking to switch jobs in 2023. In what was considered to be the era of great resignation, employees are bucking the trend by choosing to stay put in their current organizations, with over 37% of all job seekers looking to prioritize their career growth in 2023.
The survey further reveals a considerable dip in hiring and suggests that only 53% of the employers surveyed had hired in this quarter, down from 64% in the previous quarter (October to December 2022).
Mr. Sashi Kumar, Head of Sales, Indeed India said, “Amidst the ongoing uncertainties, the overall sentiment of job seekers and employers seems to be cautious. However, some sectors like BFSI and healthcare are witnessing significant hiring, showcasing a strong future for these areas. Additionally, in 2023, the acceptance of the gig economy at large is also expected to strengthen the job market. Employers now need to focus on devising ways in which they can retain and continue to attract this talent pool.”
The BFSI sector witnessed the most significant hiring with 71% of the sector’s employers hiring during the quarter. Healthcare (64%) and Construction & Real Estate (57%) were the other two sectors that hired substantially. In contrast, Media & Entertainment (49%), IT/ITeS (29%), and Manufacturing (39%) sectors saw the least hiring during the quarter.
The findings further suggest that there was a substantial increase in the proportion of employers hiring for mid-level (27%, up from 23% last quarter) and senior-level roles ((12%, up from 9% last quarter). The proportion of jobseekers entering the job market for the first time has also risen to 23% from 16% in the previous quarter.
Workplace Trends in 2023
Interestingly, the survey reveals that working from the office has emerged as the favored work mode for current jobseekers, with 57% preferring to work from the office. Similarly, most employees are undertaking upskilling programs, professional developmental tools, and mentorship programs. About 47% of all employers are providing upskilling programs to their employees.
Certifications and learning platforms to boost skill sets (67% of jobseekers) is the prime strategy for jobseekers to remain competitive in the year 2023. This is followed by sharpening existing skill sets and performing better in their role (41% of job seekers).
Top Roles, skills, and employee job preferences
The most in-demand job role for the current quarter was for Retail Sales Associate (41% of all employers) followed by Project Engineer (23%) and Marketing Analyst (20%). In terms of the most hired skills in the current quarter, tech skills such as SQL, NoSQL & MongoDB, APIs, CCNA, CCNP, Zigbee, WiSUN, and Z-Wave are the top skills being sought after by employers. Communication, critical thinking, problem-solving, and decision-making are the top three soft skills that employers are looking for. Most hiring during the quarter was in functional areas of Production/Manufacturing (31%, up from 29% last quarter) followed by Sales (29%, up from 17% last quarter) and Marketing (27%, up from 21% last quarter).
From an employee perspective, the following are the functions jobseekers prefer in the quarter of January 2023 – March 2023
|Preferred functions for jobseekers|
|Function||Percentage of employees|
|Accounts & Finance||9%|
This survey was conducted by Valuvox on behalf of Indeed amongst 1,157 employers and 1,583 jobseekers and employees during the months of January and February 2023. The survey respondents were segregated into cities, and further categorized into large, medium, and small organizations, and then into sectors.
18, Apr 2023
Anusha Technovision Pvt. Ltd. Successfully launched its new experience centre in Mumbai
Delhi, 18th April 2023: Anusha Technovision, a technology and innovation-driven company, recently launched its new experience centre in Mumbai, where all of its accomplishments, innovations, and expertise regarding the field of automation are consolidated over the last 20 years. The company has been offering specialised automation, audio-visual, and lighting controls to a wide range of industries, including commercial, hotel, and residential, since its inception, and they are without a doubt the undisputed experts in their industry.
The event had Mr Kubeir Khera, Director of Indian Bulls, as its chief guest, and Anusha Technovision extends its gratitude to him for joining them at the opening and gracing the event overall.
Acknowledging its brilliance and subject-matter knowledge in the automation sector, Anusha Technovision has garnered laurels. Now that this new experience sector has opened, they have another feather in their cap. The centre exhibited all the essentials and included all the features expected in a high-end home in terms of comfort, ease, and extravagance. The centre is located in the heart of Worli, the commercial district of India’s largest city, and behind the prestigious Four Seasons Hotel Mumbai. Its finest aspect is its handy location, which is in a separate building. The centre has two sections, featuring residences carpeted area as well as separate office space. Totally 2800 Sq foot space, it is laid out residentially on 80% of the space, including conference rooms, living rooms, dining rooms, orientation rooms, traditional home theatres, and other typical living areas.
In the interior, the office space has adjustable lighting that can be changed to suit the occupant’s changing moods and the overall ambience of the space. In addition, it is possible to alter the colour of the lights. Automation options include high-end speakers, decorative speakers, in-ceiling speakers, hanging speakers, cutting-edge 4K HDR projectors, etc. The centre also incorporates further technical advancements, including video door phones, wi-fi, networking, security systems with CCTV, and access controls. This entire area is continuously watched and monitored.
Anusha Technovision Pvt. Ltd. has offered thorough services for the design, delivery, and installation of Lighting controls at several upscale residential projects around the nation over the past 20 years. With its skill in designing, implementing, and commissioning sophisticated systems across India, Anusha has been garnering attention. Anusha Technovision has been a pioneer in the automation sector for more than 2 decades, working to deliver automated services in a way that is pleasant, convenient, and entirely under the user’s control.
Addressing the achievement, the managing director at Anusha Technovision Mr Alok Hada commented that “we have always endeavoured to offer our clients the best services possible, and this experience centre is a validation for the same”. “Providing convenience up front and technology at the back end”, is how they characterise this incredible accomplishment. He mentioned that they do it largely to improve people’s lives and also to increase their happiness and contentment, and they will continue to serve their clients with the same zeal and sincerity.
18, Apr 2023
Technology is playing a major role in driving the EV momentum – KPMG in India Report
April 18 2023 Climate change has become a collective global issue in the last 20 years, and the concerns are only increasing. While many sectors contribute to the ongoing climate emergency, the one that stands out the most is carbon emissions due to the transport sector. Over the last couple of years, the Indian government has drafted policies and plans like FAME with the aim to achieve 30% EV sales penetration for cars, 70% for commercial vehicles, 40% for buses, and 80% for two- and three-wheelers by 2030. To achieve this advanced level of EV adoption, it needs to be supported by competitive technological infrastructure. To take a further deep dive, KPMG in India, jointly with CII, has published a report titled ‘Technology at the forefront of Electric Vehicles’.
Commenting on the report, Jeffry Jacob, Partner, Partner, and Lead, Automotive, KPMG in India said “Technology is playing a key role in driving the EV landscape in India. While many of the current innovations are going to become standard offerings in the future, the addition of newer features/ development of new technology is going to be a continuous process. And with India becoming a tech hub for the world, we are at a significant advantage”.
With the advent of EVs, a lot of technological transformation has also come into play. For instance, the engine from traditional ICEs is replaced by a battery, accompanying a Battery Management System (BMS), while transmission has been replaced by a motor and a controller. As technology takes center stage, new suppliers of crucial and new components could enter this domain, leveraging new business opportunities this space has to offer. Next-generation technologies such as advanced chemistry cells are being explored for the development of batteries using alternative raw materials that are abundant in nature, cost-effective, and less impacted due to market volatility.
For India, growth in EVs is expected to continue for the rest of the decade, with 2W and 3W expected to dominate EV sales in the near future
EV adoption is expected to see an inflection point once all vehicle segments show significant ownership savings over ICE vehicles
Commenting on the findings of the report, Rohan Rao, Partner, Automotive and Lead Electric Mobility, KPMG in India said “It is exciting to see EVs become a reality in India. On the demand side while EVs provide consumers with a cheaper, greener alternative, on the supply side, we are seeing a leveled playing field with start-ups going toe to toe with established incumbents through rapid innovation and speed to market.”
Future of Mobility
The shift to EVs is no longer an uncertainty but only a question of when. Adoption levels are expected to see exponential growth in the future with developing infrastructure, government incentives, and the launch of new EV models. Technology is at the forefront of the EV revolution. The shift from ICE to EV has increased the electronics content from 16 percent to 55 percent in a vehicle with the addition of new features and controls. Many of these technologies are going to become standard offerings in the future and the addition of newer features/ development of new technology is going to be a continual process.
17, Apr 2023
JD Institute of Fashion Technology is being awarded with the “Centre of Excellence” by the ‘Media & Entertainment Skill Council’
New Delhi, Tuesday, 17 April 2023 – JD Institute of Fashion Technology, India’s fastest-growing learning institution, is pleased to announce that on April 11, 2023, their institution has been awarded the “Centre of Excellence” by Media & Entertainment Skill Council in National Film Development Corporation of India, Mumbai – 400026.
The MSEC has honored the accomplishments of Master Trainers, trainers, candidates, academic institutions, and much more. Padma Shri Ramesh Sippy, Honourable Chairman of the Media & Entertainment Skill Council, graced the occasion. The event also marked the opening of the new Center of Excellence, the signing of MOUs, and felicitations. The MESC Awards and the categories for the participation of Training providers and stakeholders were also announced during the event.
Mrs. Rupal Dalal, managing director of the JD Institute of Fashion Technology, expressed her happiness and thanks by saying, “As an academic institute, it is our honor to be designated as a Center of Excellence. We would keep working as training providers to give our students the best education possible and to help the Skill India Mission.”
The goal of JD Institute of Fashion Technology is to make the aspirations, and vision of its students a reality. Additionally, it will continue to provide students with a platform to uncover and achieve their actual brilliance and potential, allowing them to develop into their most self-assured, adaptive selves and fearlessly embrace the dynamic field of design.
1, Apr 2023
JD Institute of Fashion Technology and Prakruti Environment Research & Protection Centre together celebrate the success of ESG Summit India 2023
April 01 2023, India – The Environment Social Governance (ESG) Summit, hosted by Prakruti Environment Research & Protection Centre, which took place on 28th March 2023, at Dr Ambedkar International Centre, New Delhi, brought together more than 700 delegates comprising of experts, thought leaders, and enthusiasts, to share knowledge, exchange ideas, and collaborate on various aspects of environmental conservation and sustainability.
The summit was inaugurated by Chief Guest Shri Parshottam Rupala ji, Minister of Fisheries, Animal Husbandry and Dairying, Government of India and the Guest of Honour in the summit were Mrs Locket Chatterjee, Member of Parliament, Hooghly, Bengal, Shri Dipsinh Rathod, Member of Parliament, Sabarkantha, Gujarat, Shri Krishna Vidhyarthi Sahu Maharaj, Mahant, Shri Valmiki Ashram, Delhi, Padma Shri Dr Anuradha Paudwal and Mrs Srimathi Shivashankar, Corporate Vice President, HCL Technologies.
The summit promoted and generated awareness about ‘एकपेड़ देशके नाम’ – One Tree for Nation, the nationwide campaign by Paryawaran Savrakshan Gatividhi, the summit was attended by Shri Gopal Arya ji, National Convenor, Paryawaran Savrakshan Gatividhi.
The summit highlighted the global initiatives encouraged and accelerated in order to combat climate change and Lifestyle for the Environment (LiFE), an international mass movement towards “mindful and deliberate utilisation instead of mindless and destructive consumption” to protect and preserve the environment, under the leadership of Honourable Prime Minister Shri Narendra Modi.
The Key Note Speakers featured a diverse group of experts, policymakers, entrepreneurs and stakeholders who offered their insights and solutions to these critical environmental issues. The topics discussed were on Climate Change, Sustainable Living, Biodiversity Conversation, Renewable Energy and Environmental Policies. Keynote speakers shared their insights on best practices, trends, and innovations in ESG, and discussed ways to overcome the challenges associated with implementing ESG strategies.
The summit marked the launch of “Khadisutra” authored by Mr Nachiiket Joshi, an informative book on Khadi, highlighting importance of sustainable fashion and inspired by honourable Prime Minister Shri Narendra Modiji.
“It was inspiring to see so many leaders come together to discuss the importance of ESG and share their experiences and knowledge about initiatives in India under the leadership of our Honourable Prime Minister Shri Narendra Modi ji”, said Mr. Nachiket Joshi, Founder & Chairman of Khaddargram International Pvt. Ltd.
The conference also provided an opportunity for networking and collaboration among attendees. Participants were able to connect with like-minded professionals, which can help to advance ESG initiatives.
“We believe that the success of the summit has highlighted the growing importance of ESG in India today,” said Mr. Praveen Maru, Chairman, Prakruti Environment Research & Protection Centre. “We are committed to continuing our efforts to promote sustainability and ESG best practices in India.” JD Institute of Fashion Technology, India’s fastest-growing learning school, appeared as the Event Partner for the annual flagship forum ESG India Summit 2023.
Talking about the event, Mrs Rupal Dalal Managing Director of JD Institute of Fashion Technology said, “Over the last 35 years, JD Institute of Fashion Technology has been dedicated to cultivating new talents, and our students are educated in the significance of sustainable fashion, art, and design while also being encouraged to be innovative and daring in their creativity. Moreover, our founding members have consistently prioritized contributing to society and creating a better and more sustainable future. Therefore, our values align perfectly with the key agenda of the ESG India Summit, and are proud to be associated with the forum as its Event Partner”
She further adds, “We are glad to meet the outstanding panel of thought leaders, sharing their perspective on ESG policy evolution, challenges, business models, and opportunities. We were also excited to see the students and audiences’ active participation in this event which proved to be an enriching and informative experience.”
30, Mar 2023
Manipal Institute of Technology inaugurated PING 22.214.171.124
Bengaluru, March 30, 2023, Manipal Institute of Technology (MIT) under the Department of Information and Communication Technology (I and CT) inaugurated Ping 126.96.36.199 The theme of the Ping 188.8.131.52 workshop “IEEE Sustainable Development Platform – Next-gen tech. powered by AI.” highlights the importance of sustainable development in the current technological landscape.
The guest of honour of the event was Mr. Sudhir Mahale, Vice President of Cloud & AI Architecture at Deutsche Bank who was cordially introduced by Dr. Manjula Shenoy, Professor, Dept. of I and CT, MIT Manipal. Mr. Sudhir Mahale addressed the need for sustainability and described Artificial Intelligence to be: “A driving force with the ability to combat the most pressing environmental and social challenges facing the world today, including climate change, biodiversity loss, and food security”.
The concept behind this event and the idea of PING was elaborated by Dr. Manohara Pai, the workshop’s originator who spoke briefly on the workshop’s relevance to MIT staff and students over the years and emphasized the necessity of sustainability in all sectors, such as industries and educational institutions, and how AI has become a commodity in today’s world.
The event commenced with a melodious invocation song by Mrs. Pavithra K.C, Research Scholar, Dept. of I and CT MIT Manipal followed by the lighting of the lamp by the esteemed dignitaries present at the event to invoke good spirits.
Dr. Balachandra, Professor of I and CT, introduced the function’s chief guest, Dr. Giridhar Kini, Registrar, Manipal Academy of Higher Education (MAHE) who warmly congratulated one of MIT’s longest iterating workshops- PING, and emphasized how the MAHE management is keen on their endeavors to contribute and educate students on understanding the importance of sustainability.
Looking back at the meticulously planned event Dr. (Cdr) Anil Rana, Director of MIT said that “ At MIT we believe in “introducing fresh themes under the PING workshop every year to help achieve the expanding market expectations”.
The Ping 184.108.40.206 inauguration function was a resounding success where participants had a once-in-a-lifetime opportunity to learn from industry experts- Mr. Sudhir Mahale, Vice President for Cloud & AI Architecture, Deutsche Bank, Mr. Gautam U Bhat, Customer Success Manager – Architect IBM, Mr. Kiran Puthukudy, Chief Architect & DevOps Leader, cYAAG Technologies, and Mr. Gautam Bhat, CTO, cYAAG Technologies about the latest trends, best practices, and emerging technologies in the field. Following the successful inauguration and the overwhelming response, the convener of ping 220.127.116.11 Dr. Preetham Kumar, Deputy Registrar-Academics (Technical) MAHE, Professor, Dept. of I and CT MIT Manipal, proposed the vote of thanks by expressing his gratitude to the entire team of Dept. of I and CT for the success of the event.
Other dignitaries in attendance included Dr. Smitha Pai, Head of the Department (HOD), Dept. of I and CT MIT, Manipal, Dr. Preetham Kumar, Deputy Registrar-Academics (Technical) MAHE, Professor, Dept. of I and CT MIT Manipal, and Convener of PING, Dr. Manohara Pai M.M., Professor, Dept. of I and CT MIT Manipal, and the founding HOD of the Department of I and CT, and Dr. Veena Mayya, Assistant Professor – Senior Scale, Dept. of I and CT, MIT Manipal and Co-Convener of PING.