TheGlobalHues | Vol. 1 | Issue 17 | November 2021
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Contents
Vol 1 | Issue 17
November 2021
16 NEWS
10 COVER STORY
Around the Globe in 5 Minutes JULIE SWEET Chair & CEO
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3i Infotech
Powering Transformation In The Age Of Disruption
Accenture An Accent on the Future
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Covalense Global Helping Businesses Achieve Growth Through Right Technologies
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Key to Innovation
How will AI impact the Future?
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34
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HCL Technologies
Infosys
Tata Consultancy Services
Helping Enterprises Reimagine Their Businesses Using Modernized Software Products
Pioneering In Next- Generation Digital Services And Consulting
Helping Clients Simplify, Strengthen And Transform Businesses
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Hyperlink InfoSystem
Delivering Best-In-Class Mobile App Development Solutions
32 Finance
Stock Market Simplified
The stock market is expected to be highly volatile in 2021
Ranolia Ventures Empowering With Phenomenal Web And Mobile App Development Solutions
44
Tech Mahindra
Offering Customer-Centric Technology-Led Business Solutions
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Business
Cut Your Business Expenses Now!
Wipro
Pushing The Industry Forward Using Future-Ready Technologies
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48
52
Intellect Quotes On
Health
Passion
5 Food Items
That Entrepreneurs Should Avoid For Sure!
49 Listing
10 Most Trusted & Secure Software Solution Providers In India
50 Special Feature
In Conversation With Cybercrime Investigator And Cybersecurity Expert
Ummed Meel
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54 Travel
Gujarat
The Jewel Of Western India
Editor’s Note T
he software industry has always been one of the highest contributors to the economy. It values at over $533 billion today and is projected to reach a market value of $733 billion by the year 2025. The software industry is beginning a new age of growth and managing the core processes of any business.
The industry is consistently growing and adopting the latest trends like Artificial Intelligence, Data Science, Mobile Applications, Internet of Things, Machine Learning, Virtual Reality, and many more to help businesses grow and flourish in their respective markets. The Software Sector has become the dominant industry providing businesses with the right IT products and services. The next generation of software companies is helping small and medium enterprises and providing digital identities to help them move into the formal economy. To appreciate the commendable and dedicated work of the Software industry, we present this edition of The Global Hues magazine. It will cover different attributes, insights, and growth parameters that left a bold mark on the Software Sector. It will also showcase the success stories, journeys, challenges, and progress of different leaders in the Software Sector. Hope you have a splendid time reading this issue! The Global Hues
Vol 1 | Issue 17 | November 2021 Publisher: The Global Hues Founder & CEO: Himanshu Tyagi Editor-in-chief: Tannishtha Mukherjee Copy Editor: Priyanka Tyagi Content Manager: Himanshi Jain Editorial Team: Kusum Vats, Aditi Gautam, Shreya Malakar
Design Head: Jai Prakash Digital Team: Chaitanya Mitra, Amit Sharma ------------------------------------------------Head of Sales & Marketing: Chetan Kaushik Sales Team: Annu Vimal, Ritu Chauhan, Anubha Singh Chauhan, Anushka Gupta, Sanchit Rathi, Shubham Goel Data & Research: Naval Kishore, Kunal Sharma Marketing & PR: Krishiv Kumar PR@theglobalhues.com Advertisement: Mayank Gulati Subscription: Maniraj Reddy HR: Simran Khanna Corporate Office Address: A-204, Third Floor, Vikaspuri, New Delhi-110018 Ph. no. : +91 9871258991 Email: info@theglobalhues.com
Editorial@theglobalhues.com The Global Hues does not accept responsibility for returning unsolicited materials & photographs. All unsolicited material should be accomplished by self-addressed envelope & sufficient postage. All disputes are subject to exclusive jurisdiction of competent courts and forums in Delhi/New Delhi only. © 2021 Publisher, Reproduction in whole or a part throughout the world, including image text or anything without written permission from the publisher, is prohibited. All rights reserved.
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10 MOST TRUSTED & SECURE SOFTWARE SOLUTION PROVIDERS IN INDIA
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COVER STORY
Accenture An Accent on the Future
“Across the globe, one thing is universally true of the people of Accenture: We care deeply about what we do and the impact we have with our clients and communities. It is personal to all of us.” - Julie Sweet, Chair & CEO
D
igital transformation is the force that moves businesses ahead. The need for swift business transformation has never been greater. Irrespective of the industry, any organization needs to transform itself in today’s changing landscape to survive in the evolving business environment. Founded in 1989, Accenture emerged as a leading global professional services company with leading capabilities in digital, cloud, and security. Accenture aims to harness the potential of its powerful partner ecosystem (Google, Microsoft, Adobe, Oracle, SAP,
Salesforce, AWS, Servicenow, etc) at the greatest speed, accelerating the path to value in all directions for all its clients. Accenture has a total workforce of 624,000 employees, serving 6,000 clients in more than 120 countries. It embraces the power of change to create value and shared success for its clients, people, partners, shareholders, and communities. Accenture is led by Julie Sweet who is the Chair and Chief Executive Officer of the company. She became the CEO of the company in September 2019. Previously, she used to serve as the Chief Executive Officer of Accenture’s business in North America.
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10 MOST TRUSTED & SECURE SOFTWARE SOLUTION PROVIDERS IN INDIA
CORE VALUES
Accenture lives up to its core value to support the company’s vision and shape the culture. “We innovate every day at Accenture to build more inclusive societies and to create a positive, meaningful impact,” says Jill Huntley, the Managing Director of Global Corporate Citizenship at Accenture. Client Value Creation: Accenture provides 360-degree value to its clients. It enables clients to become high-performance businesses and create long-term relationships by continuously delivering quality services. Integrity: Accenture tries to be as ethically unyielding as possible. It takes responsibility for all its actions and matches the behavior to its words. Stewardship: It fulfills the obligation of building a better and strong company for future generations. It also helps improve communities and the global environment. Developing Best People: It attracts, develops, and retains the best talent and fosters a supportive and collaborative environment in the organization.
2. Artificial Intelligence Services Businesses have started unlocking new efficiencies and increasing productivity by leveraging Artificial Intelligence. Accenture facilitates cultural changes in any business to help the workforce use data and AI to deliver continuous and consistent growth.
UNIQUE PORTFOLIO OF SERVICES
Accenture operates at the heart of its clients’ businesses and helps address their most critical and complex issues by providing a wide array of services: 1. Application Services Accenture provides an innovation-led approach to application services that help businesses to reinvent their enterprise application portfolio, making use of emerging technology, and building with speed and agility to enable enterprises to meet their business needs, now and in the future. It promises to provide end-to-end application services by covering all stages of the application lifecycle. Under application services, it offers agile transformation, DevOps, Application modernization, software engineering, quality engineering, data management, intelligent automation, liquid application management, architecture, and project & service management.
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With the huge boost in data access, computing power, and speed from Cloud, businesses can scale their AI faster, change their business outcomes and expedite their return to sustainable growth.
says Sanjeev Vohra, the Global Head of Applied Intelligence at Accenture. 3. Cloud Services Accenture believes that Cloud is today’s urgent business imperative. With its cloud services, the company puts the cloud at the core of the business to create new and extraordinary 360° value. Its Cloud First service offers a full spectrum of cloud services like cloud migration, cloud engineering & automation, infrastructure services, cloud management & optimization, cloud strategy & change management, data transformation, and cloud security. 4. Data Analytics Data-led transformation goes beyond the approach to be a complete reimagining of business through data. Data-led Transformation leverages modern platforms to help businesses determine the path to unlocking core business value, profitable partnerships, and business model differentiation. Six critical capabilities include data management & governance, product-based organization & skills, value realization, business adoption, critical data elements, and data platform & architecture. 5. Intelligent operating model Accenture also helps create data-enabled operating models that continually adapt to the changing business imperatives and improve employee engagement. It helps businesses build
COVER STORY new business models, optimize digital transformation, inspire innovation, build human-centered organizations, and reduce complexity & cost. 6. Technology Innovation Accenture believes in embracing disruptive technologies and designing a new future. Its technology innovation capabilities can help a business craft a long-term vision, architect the right solutions for the journey, and ensure today’s investments helps in building tomorrow’s competitive advantage. It innovates by: Incubating new concepts and applying the advanced technologies to deliver breakthrough solutions Helping clients understand the potential of quantum computing Prototyping and delivering software to help businesses enter new markets Making targeted equity investments in emerging technology start-ups Accenture also provides other significant services like business strategy, technology consulting, supply chain management, finance consulting, digital commerce, business process outsourcing, etc.
SERVICES TO DIFFERENT INDUSTRIES
Accenture offers strategy, consulting, interactive, technology, and operations services across 40+ industries. Some of the industries it serves include: Automotive Industry: With the rapid industrialization and digital transformation, the Automotive industry is getting creative about how it reshapes its products, structure its businesses, and reimagine the services and experiences it brings to customers. It helps automotive companies to create new capabilities across engineering and new business units, optimize costs to invest in innovation, embrace electrification, transform into a data-driven business, explore a new market space, and evolve into a responsible organization by embedding sustainability. Banking Industry: Accenture uses new technologies to help banks and payment providers take bold steps to thrive and be future-ready. It helps the banking industry by TheGlobalHues | Vol. 1 | Issue 17 | November 2021
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10 MOST TRUSTED & SECURE SOFTWARE SOLUTION PROVIDERS IN INDIA building intelligent, connected, and flexible core banking systems fit for the future and revamping bank operating models using smart tech to cut costs. It helps banks reinvent their customer experience, navigate compliance, cyber risk, fraud & financial crime, and unlock Cloud’s true benefits with the right strategy, people, and tools to migrate it, operate it and secure it. Capital Markets: Accenture offers a gamut of services to capital markets, such as asset management, wealth management, market infrastructure, and investment banking. The company helps exchanges, central security depositories, clearing houses, and custodians develop strategies and technology & operations for the future. Insurance Industry: Accenture helps the insurance industry redefine its business and operating models. It offers property & casualty services, intelligent insurance operations, and life insurance services. Industrial Companies: It serves many sectors like engineering, construction, real estate, freight & logistics, industrial & electrical equipment, suppliers, and heavy equipment industries. The company helps these sectors accelerate and scale the cloud-based digital programs, leverage real-time data, and rethink business operations across the E2E value chain. High Tech Industry: It provides high-tech services to a variety of sectors like communications technology, medical equipment, enterprise technology, consumer technology, and the semiconductor industry. To help high-tech companies transform, Accenture embraces digital strategies, offerings, products & experiences, builds an intelligent and customer-centric supply chain, designs compelling and holistic user experiences with smart connected products, accelerates innovation, intelligence, and business value, and drives top-line growth with the right data and advanced AI & ML tools. It combines valuable experience and specialized skills to help various other industries like natural resources, healthcare, life sciences, public service,
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consumer goods & services, travel, retail, chemicals, energy, industrial equipment, communications & media, and aerospace & defense industry.
SUSTAINABILITY VALUE PROMISE OF THE COMPANY
Accenture has made sustainability one of its greatest responsibilities as it believes that it can create the most powerful force for change in the present and future generations. Sustainability by Design: The company infuses sustainability into each and every aspect of what it does and designs from the start keeping sustainability in mind. Sustainability Services: It has designed six services to help
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tackle the greatest sustainability challenges. The services include net-zero industry transitions, sustainable IT and technologies, responsible & circular value chains, leadership development, talent & optimization, sustainable measurement & value creation, and sustainable brand, design, and customer experience. Responsible Company: To play its part in accelerating change, it launches SDG ambition to support organizations to raise the bar in driving growth on the Sustainable Development Goals (SDGs). Responsible Citizen: It is working with its partners, clients, and communities to come up with
COVER STORY
solutions to all the societal challenges. It equips young minds with the right skills to make substantial improvements to their lives, addresses social, economic, and environmental issues, and accelerates social innovation for clients and ecosystem partners.
MISSION OF THE COMPANY
The mission of the company is to deliver on the promise of technology and human ingenuity. Accenture embraces the power of change to create long-lasting value in every direction for its clients, partners, people, and communities.
AWARDS AND MILESTONES
It is tirelessly working across the globe to make a world of difference. The contribution of Accenture to the entire globe is noteworthy. Some of the prestigious awards that the company has received so far are: Five Asia-Pacific Stevie Awards 2020 for leading with innovation in Business and Communications
Rank #33 on Fortune’s World’s Most Admired Companies for 19 consecutive years Ranked #1 on Fortune’s World’s Most Admired Companies in IT services category Recognized five times in Fast Company’s World Changing Ideas Awards in the categories of advertising, food, health, pandemic response, and experimental in 2021 Ranked #5 on People magazine and Great place to work’s 100 companies that care Ranked #27 with a brand value of $64.7 billion on BrandZ’s Top 100 Most Valuable Global Brands for 16 consecutive years. Accenture has recently acquired umlaut, an engineering consulting and services firm based in Germany, to enhance its Industry X capabilities. In February 2021, Accenture also acquired Infinity Works, expanding its cloud delivery and engineering capabilities of Accenture Cloud First in the United Kingdom. According to reports, Accenture forecasts 12-15 percent growth in the fiscal year 2022.
We are very proud of our outstanding fiscal 2021 financial performance, reflecting growth significantly above the market and strong momentum heading into fiscal 2022,” said Julie Sweet.
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Around the Globe NEWS
AFRICA
EUROPE
Tanzania’s Tourism budget slashed by $40 million. The funds are part of the $567.25 million loans approved by the International Monetary Fund (IMF).
Equity Group set to spend Sh500 billion to finance Kenyan and South African firms seeking to trade or invest in Africa, in a move to expand its business beyond seven countries where it operates.
Morocco plans to mobilize a global investment of around 14.5 billion dirhams in a wind energy programme. The programme will be fully commissioned in 2024 and consist of electricity production parks installed through the kingdom.
AUSTRALIA
Australia’s fastest-growing wealth management platform Netwealth proposed a scrip-based takeover offer to Financial Services company Praemium. “Netwealth is confident that the proposed transaction (if implemented) would create a very strong value proposition for existing and future clients and for shareholders of both groups,” said Matt Heine, the Joint Managing Director at Netwealth.
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UK-based fintech PaySafe acquires fintech company Viafintech to grow in Germany and other key markets where consumers continue to move away from the legacy banking system.
Tesla plans to open its charging network to other electric cars for the first time with a pilot program in the Netherlands. The program will be tested at 10 different locations in the Netherlands. Britain to fund green investments of more than 3 billion pounds over five years and new guarantees to support clean infrastructure projects in developing economies.
ASIA
in Minutes
Singapore aims to become a global cryptocurrency hub. “We think the best approach is not to clamp down or ban these things,” said Ravi Menon, Managing Director of the Monetary Authority of Singapore, which regulates banks and financial firms.
The flagship carrier of the Philippines, Philippine Airlines boosts digital transformation by switching to Rimini street support for its Oracle E-Business Suite, Fusion Middleware, and Database software portfolio.
AMERICA
Elon Musk plans 200,000 satellite broadband terminals in India by December 2022 to look at innovative ways to make the services affordable for rural consumers.
A Taiwanese multinational electronics contract company and iPhone assembler Foxconn and Indonesia are in talks over electric vehicle investment. Any such entry by Foxconn into Indonesia would be a huge boost for a country that aims to position itself in the global electric vehicle supply chain.
Ed-tech platform UpGrad and the Swiss School of Business and Management has launched a flagship one-year Executive MBA programme. “We are committed to our goal of making India’s workforce future-ready by providing them with a highly effective global and affordable online education,” said Arjun Mohan, CEO - India, UpGrad.
TCS expands partnership with Malaysia’s oldest mobile telecommunications company Celcom to further enhance its digital and platform positioning through advanced digital capabilities. “By reimagining the concept-to-market value chain to create customer-specific digital products and rapidly launch them in the market, TCS is accelerating Celcom’s transformation into a leading digital platform company,” said Kamal Bhadada, the business group head, Communications, Media, & Information Services at TCS.
American automobile company Ford plans to raise the minimum wage to $1 per hour in January. The current minimum wage is $14.35 per hour.
Dominica plans to sign a visa waiver agreement with Armenia to magnify business and mobility opportunities for citizens and investors. According to the Armenian government, the agreement will “contribute to the development of relations through encouraging mutualvisits of official delegations and citizens, tourism and increasing promotion.”
A premier natural gas pipeline and storage provider company DT Midstream and Mitsubishi Power enter into a strategic partnership to advance Hydrogen infrastructure across the United States.
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10 MOST TRUSTED & SECURE SOFTWARE SOLUTION PROVIDERS IN INDIA
Padmanabhan Iyer MD & Global CEO 3i Infotech
3I INFOTECH POWERING TRANSFORMATION IN THE AGE OF DISRUPTION
W
ith the speedy digitalization, it is increasingly becoming important for businesses to harness innovation to solve problems, address critical business challenges, make the most of new opportunities and achieve remarkable outcomes. In 1993, 3i Infotech was founded with a commitment to drive business values across multiple industry verticals. It believes
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in delivering results and driving digital transformation, driven by a number of emerging technologies, be it Artificial Intelligence, Blockchain, Robotics Process Automation (RPA), Low-code Development, Cloud Computing, Internet of Things, and Machine Learning. 3i Infotech has over 4000 employees in 30 offices across 15 countries and over 1000+ clients in more than 50 countries across 4 continents. The company holds a strong presence in geographies like
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North America, the Middle East, Africa, Asia Pacific, India, the Kingdom of Saudi Arabia, and South Asia. Padmanabhan Iyer is the Managing Director and Global CEO of the company. He says “Invest in next-generation techsavvy resources to constantly challenge status quo and render cutting edge solutions to end customers.” The company is reaching new heights under his guidance and leadership.
SERVICES OFFERED Each service designed by the company benefits enterprises effectively. Some of its well-known services include: Business & Technology Consulting Solutions It offers a blend of strategic consulting, operational consulting, and flawless execution, powered by global delivery capabilities, to enable enterprises to design and achieve their transformational goals. It provides digital consulting services, business process reengineering, IT infrastructure consulting, Application Rationalizing consulting, project management framework & validation. Cloud Transformation 3i Infotech provides Cloud Readiness Assessment for Transformation Services, EndPoint Data BackUp, Enterprise Backup & DR Services, Cloud Management Platform Services, and Development Operations Collaboration (DevOps) as a service. Infrastructure Management Services This includes an entire gamut of services like Advisory & Consulting Services, Enterprise Core Services and Modernization Services, to ensure that networks, servers, and databases operate at peak efficiency. Data & Analytics Services By combining deep domain expertise, global delivery capabilities, and rich technology knowledge with the latest in data science, machine learning, predictive analytics, and big data, the company offers end-to-end data services. Key offerings include data science & predictive analytics, business intelligence, enterprise performance management, data management, and data governance. Quality Assurance Services It offers comprehensive testing services to launch new applications quicker with cost optimization. The company’s key offerings include automation testing, mobility & performance testing, security testing, cloud testing, big data testing, and digital testing. Business Process & Professional Services 3i Infotech has a highly experienced team of BPO agents that provides transaction processing, email support, and chat support services with expertise
to communicate solutions and resolve customer issues. It offers shared services, Analytics, KPO & LPO, record management, and data processing services. Blockchain Services The company provides a host of offerings to help in the adoption, integration, and realization of blockchain networks. Key offerings include DLT Architecture & Design, smart contract application development, decentralized applications development, and advisory & consulting services. CORPORATE SOCIAL RESPONSIBILITY 3i Infotech believes in nurturing the mother Earth and supporting its people. It offers its time, IT resources, finance, and infrastructural assistance to:
Eradicate illiteracy through education Empower people living in rural areas
IMC Digital Technology Award 2018 – For MFund® Plus in the IT Services category Best Software Product Company in Intellectual Driven Business – By ET Now, Stars of the Industry Awards in 2018 Outstanding Business Award 2018 – Best Innovative Technology Company in Banking Bangkok, Thailand NASSCOM Customer Excellence Award 2018 for the ‘Transformation’ category 3i Infotech always keeps its clients at the top. It invests more in processes to bring meaningful efficiencies within, so as to provide clients with a consistent and clear environment when working with the organization. It is indeed evolving as one of the trusted and secure software solution providers in India.
Assist the less fortunate and marginalized sections of society Foster health education and healthcare provision The company also supports Sahayog Pratishthan, an NGO dedicated to social justice, and sustainable development. AWARDS AND MILESTONES 3i Infotech has been the recipient of many prestigious awards and accolades. Some of the notable ones are: TheGlobalHues | Vol. 1 | Issue 17 | November 2021
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10 MOST TRUSTED & SECURE SOFTWARE SOLUTION PROVIDERS IN INDIA
Narayana Peesapati Founder & CEO Covalense Global
COVALENSE GLOBAL HELPING BUSINESSES ACHIEVE GROWTH THROUGH RIGHT TECHNOLOGIES
F
ounded in 2006, Covalense Global is a well-recognized and reliable IT transformation partner. Covalense consists of a well-diversified, highly trained, vibrant & dedicated teams working cohesively to deliver effective solutions to organizations of varied sizes and businesses including a number of Fortune 500 companies across the United States, Canada, Asia Pacific, Middle East & Africa. The business operations of the company across different geographies are ably supported by its development centres in Hyderabad, Bangalore, Auckland, Sydney, and Canada. Its projects and implementations span across industry verticals such
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as Beverages, Education, Engineering, FMCG & Retail, Government, Healthcare, ISVs, Logistics, Power & Utilities, Insurance and Telecommunications. Covalense provides its services in 18 geographies globally, with office presence in more than 6 countries – India, USA, Canada, Australia, New Zealand & Singapore. Covalense was founded by Narayana Peesapati with the aim to establish a trusted software solutions company & reliable technology partner to clients. As a CEO, he steers the strategy of the company with his technical excellence and is highly admired for his amazing strength in empowering teams associated with him and his strong belief in their ability to deliver results.
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Covalense Global is dedicated to maximizing the value of enterprises by adding intelligence to processes, products, services, and ideas and create extraordinary customer experiences!. CORE VALUES OF THE COMPANY Covalense Global is people-focused, customer-centric organisation that is committed to long-term partnerships. The core values of the company are:
Customer Focus & Commitment to their success
Relationships based on trust and loyalty with clients, employees, associates, and partners
Integrity and Transparency in all operations
Successful Solutions which are futuristic
People Orientation and work towards the greater good of all
PORTFOLIO OF SERVICES With implementations in more than 18 geographies, Covalense Global works in building platforms, designing innovative solutions, end-to-end product development, managed services, and consulting. Some of its main services are: Enterprise Application Development It includes creating customized, personalized, and fit-for-need applications. Covalense Global works on enterprise application integration to create interoperability and build communication stacks, middleware frameworks, and application connectors. The offerings in application development include enterprise application development, product engineering, quality assurance & testing, enterprise application integration, re-engineering & migration, and user interface and experience services. Digital Transformation & Legacy Modernisation Covalense Global makes businesses truly digital by leveraging technologies such as Cloud, Data Analytics, Mobile, Social Media, CRM, ERP, CMS & AI platforms. Artificial Intelligence Covalense builds fresh product experiences for customers through its wideranging AI services. Its aim as technology partners is to enable enterprises to become data-driven and develop innovative AI-based products and gain unique competitive advantage in their industry. Covalense provides strategic consultation to evaluate the contribution of AI to businesses, and also take this endeavour further through services such as data intelligence, design and deployment of machine learning, deep learning models, integrating computer vision, NLP capabilities into products, intelligent automation. Advanced Analytics Covalense data scientists build frameworks that design, model, align, execute, monitor, and tune decision models and processes in the context of business outcomes. The data science teams enable clients to leverage advanced data architectures and analytics to mine the large enterprise data and obtain actionable insights for better decision-making.
Enterprise Data Management The highly experienced and motivated team of Covalense Global designs, captures, stores, governs, secures, analyzes, reports, and ultimately manages data effectively. Under data management services, the company offers data warehousing, data analytics, and master data management services. Quality Engineering Covalense Global follows a distinct quality engineering approach that predicts what can go wrong in the future rather than stopping what is wrong in the system now. It provides Dev-Ops & agile testing, test automation, application & product testing, database, performance, and security testing. Intelligent Automation It offers best-in-class automation solutions that unleash the real potential of any business’s automation investment by empowering employees, enhancing customer experience, and establishing new pathways for innovation through self-learning processes embedded within technologies. Managed Services Covalense helps its customers to optimize investments on Managed Software services by reducing the total cost of ownership (TCO) and delivering sustainable services tailored to business needs. CLIENTELE OF THE COMPANY Covalense Global believes in building long-term partnerships with clients. It works with several large brands and large enterprises globally along with smart IP players across different domains. It has been associated with reputable organisations like Unilever, Te Wananga, Coca Cola Amatil, Vodafone, UL Renewables, Australia Tourism, Emerson, ISB & IIB to name a few. “We put client success first and focus on staying ahead of the curve with continuous R&D,” says Narayana Peesapati. BIGGEST OPPORTUNITY FOR SOFTWARE MARKET All customers are looking for reliable partners who can understand their business and come up with IT solutions that are highly customized to suit their unique requirements, Covalense Global dedicates that quality time and ensures it is rightly aligned to its customers’ long term road maps and strategic objectives that enable customer business growth. The company offers unique & highly
customized solutions that are futuristic and can scale up with effortless ease for the customer’s growth in the coming years. MISSION & VISION OF THE COMPANY The mission of the company is to enable customers to achieve business growth through the right technologies. The vision is to be a recognized software services and niche solutions company. VALUE OF TEAMWORK Covalense Global is committed to building trustworthy and reliable teams. Company’s flat hierarchy enables everyone to grow, innovate, and lead. It nurtures, innovates, and delivers with good team spirit, and ensure all are involved & meaningfully participate to the best of their abilities. It continually ensures teams work for a better world, for a better community, and for the greater good of all. Covalense Global values partnership, tenacity, enjoyment, and cares for its people, clients, partners, associates, and society at large. ADVICE FOR UPCOMING ENTREPRENEURS Narayana Peesapati shared a piece of advice for budding entrepreneurs and said, “Entrepreneurs should work on their core strengths and deliver solutions and products that are always futuristic, sustainable, and help customers achieve business growth. Never give up and keep on enjoying every part of the journey to continue for long innings! Always ensure that your organizational goals, your team’s orientation, and your long-term vision contribute to making a better world together!” DEFINITION OF SUCCESS According to Narayana, being able to deliver solutions that benefit societies and communities wherever we operate is success. The secret to Covalense’s success is the delighted & esteemed customers who are committed to delivering and making the world a better place every day. Today, Covalense Global is positioned as a Trusted Development Partner at the global level. In the next 5 years, the company wishes to meet the market demands on a global scale and emerge among the leading solutions providers in the AI space.
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Artificial intelligence is gaining momentum in the Business Community, receiving investments from major tech giants. How will AI impact the Future?
E
verything that’s not yet been done has potential under the umbrella of Artificial Intelligence. Human-like intelligence can be a threat to extinct mankind. Perhaps, experts understand the complications surrounding this sensitive progress of technology. To put it in a clearer picture, artificial intelligence is unlike natural intelligence. It’s a technology that simulates human-like intelligence in the machines to execute various tasks, through complex programming via digitization. AI is conquering every sector in the 21st century. A technology now termed in textbooks as “Intelligent agents”. A major gain of popularity in the advancement and demand for AI happened due to its cognitive functions. Shrinking it into keywords, the cognitive approach is associated with the human brain where skills like ‘learning abilities’ and ‘problem-solving’ are key features. The aim of creating a new innovative technology, now known to the human race as AI technology, was high confidence in machines to mimic human-like thinking and understanding abilities. The world of AI is huge, but sadly not strongly interrelated yet. While taking into consideration the evolution of digital technology, there’s no space for doubt in declaring AI as the ultimate future. A key to innovation for today and the foreseeable future.
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Rise and Fall
“AI is a rare case where I think we need to be proactive in regulation than be reactive.” - Elon Musk. In past decades, AI has followed a steep graph of highs and lows. A wave of increased interest and fundings in Artificial Intelligence follows an AI winter. As the research and new developments commence, the occurrence of failure is always a possibility. A chain phenomenon where one failure distracts belief in the capabilities of AI. On the other hand, achievements have been plenty, regaining the interest of major investors in innovations. The abilities, previously counted under the developments of AI are continuously re-analyzed, and if found unfit, removed. A concept famously named as AI effect. The dynamics are fluid, randomly changing, and continuous. Hence, a keen eye towards all its offerings. The basics of intelligence, already widely distributed, are voice recognition features pre-installed in all the latest mobile phones and devices. Some popular names assigned to these highly functioning assistants by tech-giants are Siri- Apple, Cortana- Microsoft, and Alexa- Amazon. A new paradigm shift is onset. Indeed the graph is rising higher each day. Artificial intelligence and machine learning work hand in hand, refurbishing many pre-existing technologies to a whole
new level. Today, AI occupies a major standing in the market where contextual chatbots are continuously updated. Techniques that can detect various human motions, wholly automated systems, voice modification, and 3D printing is a new reality. The noble pursuits including healthcare and medicine are also looking forward to this upcoming change. India has developed a breast cancer-detecting artificial intelligence technology- Niramai, with fairly lower costs. Research in AI needs to proceed with a well-educated approach towards its biases and drawbacks.
The world of AI
AI has already grasped a strong foot in a common man’s life. Since digitalization began, activities, professions, and developments have become dependent on innovations. Paving a warm welcome to artificial intelligence and machine learning, important services took the initial progressive steps. Google introduced the voice search feature, government systems shifted to automated data handling while Businesses accepted ROI calculating alternatives of AI. Optical character recognition is playing an important role in the banking and data entry departments of various businesses. A technique that converts handwritten text to machine language. While some advancements became embedded like a daily routine others shook the nation with awe. One such development was the invention of virtual reality. Transporting a person into an imaginary world where every experience feels like a real one. This development is currently a successful part of the entertainment industry. However, it has the potential to be substituted in dentistry to relieve patients from horrifying pain. Who could’ve imagined calculating data usage, electrical load, mechanical capacity, and even small intricate details about hi-tech optimization of devices? Artificial intelligence has made everything possible. Pushing walls of limit, uncountable humongous production of data around the world needs to be stored and managed appropriately.
Many developments in AI are providing a push towards cloud computing for the same. Tech-giants like Amazon, Google, and Microsoft provide their storage services. AI makes it a highly efficient and result-oriented process. Research suggests a bright future for organizations that are embedding Artificial Intelligence in their working systems. Regardless of who is ready for this change, AI is already here. More than ever impacting the retailers. Since the onset of machine learning for personalization of advertisement a noticeable boost in sales, helping various e-platforms to grow at a two times higher pace, is seen. Insights and better information about machines have guided creatives in a better direction, especially blooming the media industry. Now worldwide News travels faster than the speed of light via applications and automated notification response made possible via digital systems. Despite the field or industry, Artificial Intelligence is embedded everywhere. It’s changing everything coming in the way. It’s becoming omnipresent.
The Globe is changing
AI technology is not like traditional technology but a smart approach to integrating digitization into efficient innovative TheGlobalHues | Vol. 1 | Issue 17 | November 2021
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solutions. A technique advanced enough to mimic most human-like features. As the name suggests, intelligence is a key section of AI. Specific issues and problems are automatically scanned and rectified with help of fast working AI installed systems. Data to be converted into intelligence comes in the form of binary, consisting of information of high importance. Later, this data is transformed into readable texts, speech, or imagery. Aviation, defense, and national security have developed keen foot in technological advancements. Military stimulation is the new reality of testing theories related to traditional warfare without indulging in any hostilities. The projections of estimated prototypes help in analyzing its functioning. It’s a debated topic. Few criticize these simulations as inappropriate when it comes to real situations. However, the results are quite promising to date.
“For us to have a future that’s exciting and inspiring, it has to be one where we’re a space-bearing civilization.” A few years ago, automatic (self-driving) cars were introduced in the automobile sector. A change indeed in the pre-existing developments made possible due to artificial intelligence. Features like GPS, hybrid navigation, modularity, and sensory information controlling advanced systems supported the new development. A reprogrammable smart approach to ease driving experience, requiring minimal to no human input. Automatic cars are a revolution for the digital age. Widening the view more is the advent of flying cars. Many latest technologies revolve around sensitive approaches to successfully produce A Flying Car in markets. A reality becoming true in real-time. Many countries like Japan and India are going through testing phases of advanced flying cars. Business tycoons like Elon Musk who shape a better future by indulging in the development of flying cars, spacecraft, satellites, and other uplifting technologies, utilize machine learning and AI as their integral base system. A new era is unfolding with space exploration, colonization, and whatnot. Elon musk above with the quote in red.
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A New Beginning
The prospects of artificial intelligence are wide open. Artificial intelligence is already blooming. But the important question to ask today is, how much potential does it hold? How much more growth can we expect in this magnificent technology which holds the power to dethrone the human race? Debates and separate views prevail in high societies. Geniuses seek answers to this mind-boggling intelligence installed in machines. Is this the end of mankind or the beginning of something even supreme? Overcoming every doubt and debate, Artificial Intelligence is claiming the world. It’s an irreversible change. A forward-moving force with power and potential to renovate the world.
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10 MOST TRUSTED & SECURE SOFTWARE SOLUTION PROVIDERS IN INDIA
C Vijayakumar CEO & MD HCL Technologies
HCL TECHNOLOGIES HELPING ENTERPRISES REIMAGINE THEIR BUSINESSES USING MODERNIZED SOFTWARE PRODUCTS
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oftware is at the core of how almost every business functions. To improve day-to-day operations, companies are investing in software development. One of the next-generation global technology companies helping enterprises reimagine their businesses for the digital age is HCL Technologies. The company delivers
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holistic services across different industry verticals through its worldwide network of R&D facilities, global delivery capabilities, co-innovation labs, and over 187,000+ ideapreneurs present across 50 countries. HCL Technologies began as the R&D Division of HCL Enterprise. It was set up to emerge as a separate unit to
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provide software services. Between 1991 and 1999, the company expanded its software development capacities to US, APAC, and European markets. Today, HCL Technologies has a strong presence in India and other developing and developed countries. The contribution of the company to nation-building through advanced technology solutions is noteworthy. HCL Technologies also
helps India’s largest stock exchange manage 10 million transactions per day with sub-second latency. The Chief Executive Officer and Managing Director of the company is C. Vijayakumar. His efforts are taking HCL Technologies to heights. His very recent initiative to add products and platforms to the portfolio of the company has proved beneficial to the company. PRODUCTS AND SERVICES HCL Technologies builds long-term relationships with customers by providing products and services across three verticals: 1. IT & Business Services This includes transforming the businesses via the digital foundation, modernized infrastructure stack built around hybrid cloud, software-defined networks, the digital workplace, and other elements. Under these services, the company offers: Digital Foundation services: These services form the core of the enormous business transformation that enterprises are embarking upon. Digital Business services: These services help an organization to reimagine an intelligent enterprise and deliver superior customer experiences. Digital operations services: These services ensure synergy among strategy, technology, and security to deliver maximum value across all enterprise functions. 2. Engineering and R&D Services This includes engineering services and solutions in all aspects of product development and platform engineering. Over the past decade, HCL’s engineering services has helped more than 330 organizations develop and launch over 1,000 market-leading products across various market segments. Today, HCL works with 65 of the top-100 R&D spenders in the world. Under Engineering and R&D Services, the company offers: Product Engineering Services: Covers all existing or new product development services, right from ideation to support. Platform Engineering Services: Includes all the activities for platform building and enablement.
Operational Technology Services: Comprises services and solutions to improve manufacturing performance. Next-Generation Engineering: Covers service propositions that cut across Product Engineering, Platform Engineering, and Operational Technology Services, leveraging the latest technology innovations. 3. Products and Platforms This includes offering modernized software products to global clients for their technological and industry-specific requirements. The products and Platforms segment of the company include the HCL Software Division, Actian software, ERX, and an IP partnership with DXC. HCL Technologies develops, markets, sells and supports 20+ product families for delivering impactful client journeys, and secure automation, and unified endpoint management. Actian’s portfolio spans data management, integration, and analytics, activating the value of hybrid data for enterprises in financial services, healthcare, media, telecommunications, retail, etc. ERX is chartered with building next-generation products in fast emerging markets. It currently has a portfolio in areas like Enterprise Cloud, 5G & Telecom Ecosystem, and Manufacturing 4.0.
HCL has an IP partnership with DXC. It leverages the company’s functional expertise in banking and product engineering capability to modernize the legacy product set across prominent key areas like Core Banking, Lending, and Payments. AWARDS AND ACHIEVEMENTS HCL Technologies has received many awards and accolades so far. Some of them are: Google Cloud Specialization Partner of the Year 2020 for Infrastructure Award Positioned as a Leader in Software Product Engineering Services PEAK Matrix® Assessment 2021 by Everest Group Red Hat North America Commercial Managed Services Partner of the Year award for 2020 Automation Anywhere IMEA Partner Award 2020 The company’s DNA of grassroots innovation, its ingrained culture of co-innovation, and tradition of going far beyond what is expected, to create customer value, sets it apart from the rest of the players in the industry.
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10 MOST TRUSTED & SECURE SOFTWARE SOLUTION PROVIDERS IN INDIA
Harnil Oza
CEO Hyperlink Infosystem
HYPERLINK INFOSYSTEM DELIVERING BEST-IN-CLASS MOBILE APP DEVELOPMENT SOLUTIONS
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stablished in 2011, Hyperlink InfoSystem is a renowned mobile app development and IT Software Solution provider company. Hyperlink InfoSystem has more than 10 years of experience in Mobile App Design & Development, developed 4000+ mobile applications, and 2000+ websites. What makes it unique is its commitment to
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value quality and deliver 100 percent bug-free applications with zero compromises. It makes almost every genre of applications and serves different industries like real estate, social networking, education & e-learning, healthcare & fitness, retail, e-commerce, fintech, insurance, travel, game, energy & utilities, logistics
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& distribution, and other industries. It believes in delivering quality products to all its clients by assuring all their project specifications at the best industry-competitive price. The company is led by Harnil Oza, an experienced Chief Executive Officer with a demonstrated history of working in the information technology and services
industry. He is skilled in Mobile Application Development, Search Engine Optimization (SEO), Web Marketing Strategy, Web Development, PHP, WordPress, Blockchain Development, and IT Service Management. SERVICES PROVIDED Hyperlink InfoSystem focuses on delivering quality and superior service to satisfy the requirements of its clients. Some of the top-notch services it provides include: Mobile App Development The company provides top-notch, and innovative mobile application solutions. It has highly skilled and updated mobile app developers who work with global firms to transform recognized ideas into stunning and inventive mobile applications. It uses its rich experience and creativity in producing stunning mobile apps for different clients across the globe. Ecommerce Development Under this service, the company offers customized ecommerce solutions and takes the ecommerce venture to a new level. It provides different ecommerce development solutions like the Development of multi-store eCommerce platforms, Website Maintenance and Support, Marketplace development, Shopping cart development, Online store customization, Modules and plugins development, Magento eCommerce development, SAAS eCommerce solutions, and Developing websites with third-party Integration. Web and CMS Development Understanding the necessities of the clients, the company designs exquisite website and CMS systems. Its experienced experts use their unique perspective that helps to tailor web development faster and better. Hyperlink Infosystem follows a systematic process to handle any project efficiently from gathering all the information to launching the website. Blockchain Development To give secure records of transactions, the company develops blockchain technology for various businesses. Its best blockchain developers and multi-disciplined domain experts provide an accurate and holistic client experience by blockchain development lifecycle.
Game Development The company offers impeccable mobile game development services and provides unity 3D, Virtual Reality, Augmented Reality, Unreal Engine, and Casual Games. Till date, it has developed a wide variety of game apps like sports games, racing games, poker games, bingo games, Facebook games, puzzle games, AR/VR games, etc. Salesforce Solutions The company helps different businesses design and implement strong Salesforce-based solutions and get long-term advantages. It also helps companies connect third-party software with their salesforce solution so that they can work more efficiently and actively. Artificial Intelligence & Machine Learning It provides intelligent and data-driven insights that help AI vision convert into reality. Under AI & ML Services, it offers a recommendation engine, process automation, voice-based AI, chatbots, inventory optimization, image processing, and object recognition. Internet of Things App Development Services Under IoT services, the company provides IoT app development, backend, and API development, IoT gateway development, IoT implementation and support, data analytics, BLE Technology, voice-enabled technology, raspberry Pi Solutions, and wearable technology.
DevOps The company offers Dev (Sofware Development) and Ops (Information technology operations) software services to help businesses improve the system in the development life cycle. Under DevOps services, it offers process automation, support monitoring, cloud management, consulting services, initial framework creation, capacity management, and environment management.
AWARDS AND MILESTONES The company has received many prestigious awards so far. Some of them are: Honored as ET Industry Leaders 2021 for expertise in Artificial Intelligence enabled CRM platform Harnil Oza awarded as Times Gujarat Icon 2020 for excellence in Information Technology & App Development Named as 2019 Clutch leader in mobile game development From working for a startup, small & medium businesses to presenting seamless development for enterprise businesses, Hyperlink InfoSystem is emerging as one of the leading mobile app development and secured software solutions companies in India and across the world.
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STOCK FINANCE
MARKET SIMPLIFIED The stock market is expected to be highly volatile in 2022, with many bumps ahead, yet the market is gaining high traction among people.
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The stock market offers Initial Public Offering (IPO) of their shares in a stock exchange, instead of finding investors one by one. Investors can buy and sell shares in secondary markets such as NYSE (New York Stock Exchange). Investors indulging in stocks might be large entities like banks or single individuals. All the stock exchanges, trading and sales & purchases takes place during trading hours from 9:30 am to 4 pm. Stock market prices keep fluctuating as per the demand and supply, confidence of investors, ongoing world events and other factors. The stock prices go higher when limited shares are available in the market at a given time but demand of buyers is high. The volatile nature of stocks can be risky and traders must not lose momentum while trading stocks. As the market is unprecedented, the stock prices keep fluctuating. Most companies’ shares appear on a stock ticker in the market showcasing the stock prices and trading volume. It also represents the difference between the current price and the end of the previous day. A start-up can raise capital investment by shares by equity financing or debt financing. Debt financing requires assets to pledge for loans along with interest on loans posing financial burden. Therefore, equity financing is a preference of start-ups. Electronic communications networks (ECNs) allow trading through electronic portals. E-trading allows the users to automatically match the order with the best available price. ECN allows off-the-floor stock exchange trading. There are two main types of stocks. The common shares have higher magnitude and volume than that of preferred stock. Preferred shares have preference over the common shares in a company to receive dividends and assets in case of a liquidation. Stock market provides higher returns over a longer period of time. On an average the stock market is noted to hike around 8% per year. It leads to around 2% for highest-yield savings accounts. This is called Stockholders equity. A stock price can drop, risking a valuable loss. The market requires up to date knowledge to stay on top of the course. Stocks are one of the great ways to secure savings for retirement by investing when young. It is important to choose a well educated investing strategy before putting a bet in the stock market. Researching properly decreases the risk of vulnerability and losses. TheGlobalHues | Vol. 1 | Issue 17 | November 2021
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10 MOST TRUSTED & SECURE SOFTWARE SOLUTION PROVIDERS IN INDIA
Salil Parekh CEO & MD Infosys
INFOSYS
PIONEERING IN NEXT- GENERATION DIGITAL SERVICES AND CONSULTING
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stablished in 1981 by N.R. Narayana Murthy, Infosys is an Indian Information Technology and next-generation digital services and consulting company. It helps clients in more than 50 countries to create and execute different strategies for their digital transformation. From a capital of US $250 to $93.6 billion, Infosys has
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become a big name today. In its journey of 40 years, the company has catalyzed some of the major reforms that have led to India’s emergence as the global destination for software services talent. Infosys caters to the need of wide variety of industries like Aerospace & Defense, agriculture, automotive, communication
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services, healthcare, mining, oil & gas, travel & hospitality, logistics & distribution, life sciences, and industrial manufacturing industry. Salil Parekh sets the strategic direction for the company. He is the Chief Executive Officer and Managing Director of the company. Salil has three decades of experience in the IT service industry with
a strong track record of fostering digital transformation for different businesses and enterprises. TOP-NOTCH SERVICES Infosys helps businesses renew and improve their existing conditions by providing various top-quality services. Some of them are: Applied Artificial Intelligence This set of services helps different enterprises adopt a comprehensive approach and roadmap to scale enterprise-grade AI for their businesses. Infosys converges the power of Artificial Intelligence, analytics and cloud to deliver perceptive experiences and new business solutions. Data Analytics Services To increase customer intimacy, ensure operational efficiency, identify newer revenue models and manage & mitigate risks, Infosys offers data monetization, data modernization, data analytics, data operations, and GDPR (General Data Protection Regulation) services. Blockchain Solutions The company offers a complete suite of blockchain solutions from advisory, implementation, change management, to operationalization and application maintenance. It helps clients unlock the true potential of blockchain by accelerating ecosystem-wide adoption, innovating with next generation technologies. Infosys Cobalt It is a set of services that helps businesses redesign the enterprise, from the core, and also build new cloud-first capabilities to create impeccable experiences in public, private and hybrid cloud, across PaaS, SaaS, and IaaS landscapes. Digital Process Automation It is a strategy that combines synergistic digital capabilities to deliver perceptive experiences and build responsive business value chains. To help businesses grow with data-driven decisions and cognitive actions, Infosys provides its fluid DPA approach and platform services. Application Modernization Infosys helps enterprises modernize to become resilient, responsive and relevant. Its flagship offering- Infosys Modernization Suite caters to the end-to-end modernization needs of an enterprise.
Infosys also provides other vital services like service experiment transportation, digital process automation, API economy & Microservices, Application modernization, Microsoft Cloud business, and other digital marketing and workplace services. CORPORATE SOCIAL RESPONSIBILITY “The company’s ESG roadmap for 2030 reflects its continued aspiration to become a well-governed model organization for diverse talent with an inclusive workplace and community strategies to leverage technology for good,” says Salil Parekh. Infosys tries to make the world a better place through its sustainability initiatives:
Tech for Good Compendium: Infosys is committed to fostering technology for good in communities across healthcare, education, and e-governance while partnering with larger societal stakeholders and helping them harness the power of technology. Carbon Neutrality Declaration: To reduce the company’s carbon footprint, Infosys tries to achieve energy efficiency through designing and building highly efficient new office buildings and deep-green retrofitting of existing buildings.
AWARDS AND MILESTONES Infosys strives for excellence each day. It has won many prestigious awards. Some of them are:
Recognized by Great Place to Work® and Fortune as one of the Best Big Companies to Work For™ The ‘Most Outstanding Company in India – IT Services Sector’ in Asia’s Outstanding Companies Poll 2021. The 2020 Golden Peacock Global Award for Excellence in Corporate Governance under the IT category. The German Brand Award 2020 for Excellence in Brand Strategy and Creation The ‘Enabler: Employer of Persons with Disabilities’ award at the Nipman Foundation – Microsoft Equal Opportunity Awards 2019 Infosys wants to emerge as a globally respected and recognized organization providing best-of-breed business solutions, leveraging technology, delivered by best-in-class people. Infosys empowers the businesses with agile digital at scale to deliver unprecedented levels of performance and customer satisfaction.
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10 MOST TRUSTED & SECURE SOFTWARE SOLUTION PROVIDERS IN INDIA
Parveen Ranolia Founder & CEO Ranolia Ventures
RANOLIA VENTURES EMPOWERING WITH PHENOMENAL WEB AND MOBILE APP DEVELOPMENT SOLUTIONS
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he emergence of new-age technology has resulted in the mass usage of mobile and web applications. With an aim to provide best-in-class web and mobile app development solutions, Ranolia Ventures was founded in 2015. Ranolia Ventures is a preeminent app development and digital marketing agency that aims to fine-tune any business, create spectacular apps, and enhance the digital presence of various clients across several industry verticals. It evaluates a brand’s needs, develops powerful strategies, and maximizes profit by boosting the ROI of the client’s business steadily, reliably, and efficiently.
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Ranolia Ventures re-engineers the latest technology and framework to best fit the business needs and demands. It makes tailor-made solutions for every client to ensure they meet their envisioned goals and that’s what makes Ranolia Ventures unique in the market. Ranolia Ventures has rapidly grown and become a global company with the continuous efforts of Parveen Ranolia, the Founder and CEO of the company. He holds a degree in B. Tech but his interest towards Digital Marketing aided him in pursuing a career in this field. With the help of Parveen Ranolia, the company is delivering innovative, unique,
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and personally engineered expertise in every niche of Digital Marketing and App Development around the globe. UNIQUE PORTFOLIO OF SERVICES The company provides top-quality services across various industry verticals: Web Development Services It includes building interactive web fronts with the most advanced technologies and frameworks from scratch or over existing infrastructure. Under web development services, it offers PHP, Laravel, Zend, Angular, Node JS, Mean Stack, and Python development solutions.
Mobile App Development It includes building agile and interactive mobile apps in its ultra-modern in-house technology labs. It offers Android App & iOS development, and Cross-Platform application services.
Fixed Priced Model: It assures a fixed rate to the client before commencing the project. It is the most sought solution for lengthy projects where time and expenditure are uncertain.
E-commerce Solution The company helps businesses build e-commerce platforms to ease their businesses. Word Press, Magento & Shopify development are the key offerings under E-commerce solution.
Hire Dedicated Model: It offers a long-term collaboration solution for clients where a dedicated team works solely on the client’s project. The client can add on their requirements at any time and pay accordingly.
Hybrid App Development It builds competent products matching the needs of the clients by offering Ionic App development, react native & Xamarin App development services. CRM and ERP The company provides optimum solutions for CRM and ERP best matching the business needs. It helps companies organize various functions such as marketing, sales, customer service, and technical support for managing customers, records, and reviews. The company has an experienced team of ERP professionals that is proficient in end-to-end management of the tracking and booking software for seamless automation of clients’ business operations. Design and Graphics Services Ranolia Ventures’s experienced graphics designers build interactive and captivating designs for websites or any digital front. Logo designing, UI/UX designing, video editing, and business card designing are some of the services it offers under design services. Digital Marketing Services It devises the best digital marketing strategies and offers search engine optimization, social media optimization, content, email & video marketing, and PPC & paid ad services to boost the bottom line of its clientele. CLIENTELE OF THE COMPANY Ranolia Ventures has worked with clients belonging to various industry verticals. Some of them are Katoa fitness, Greenfield, Any Movers, Stakich, to name a few. The company has an 89% client retention rate mainly attributed to its various collaboration models. It has introduced 3 models to give better services to its clients. These are:
Hourly Software Development Model: The clients can hire experts from the company for a fixed number of hours. This model ensures a cost-effective approach and individual communication with the developers. MISSION & VISION OF THE COMPANY The mission of the company is to be a catalyst in the app development and digital marketing industry and help its clients realize their true potential via innovative app development and lucrative brand marketing strategies. The vision is to be the kingpins revolutionizing the new era of the IT industry around the globe. A CULTURE OF TEAMWORK Like many organizations, Ranolia Ventures also has a lot of teams. One team of developers provides solutions, the other team makes interactive web fronts design, and another team gives IT services. Together it builds up a desirable product modified in the best interest of the client. To achieve a better result, all the teams work simultaneously, taking feedbacks and making necessary adjustments. It encourages collaboration rather than competition and takes the client’s best interest in mind. BIGGEST CHALLENGE FACED BY THE COMPANY When asked about the biggest challenge faced by Ranolia Ventures, Parveen said, “During the lockdown period, our teams were working in silos. It was hard to bring out the same level of enthusiasm. We were habituated to working in teams, taking feedbacks simultaneously, and improving our projects along the way. It was harder to track bottlenecks. It was more difficult to know who was facing what issues (both technically and emotionally). We incorporated Teramind, an employee monitoring tool, and Basecamp, a reporting tool to make lives easier for our employees and clients
whose projects had lined up for completion. While these tools helped make our work smoother, we also held daily meetings to not let our employees feel secluded. We also held online activities weekly to uplift the team morale. It was a tough time, but we turned around the situation.” ADVICE FOR UPCOMING ENTREPRENEURS “If you never try, you will never know. So, don’t hesitate to try new things. Your life is not mapped-out by some destiny. You make your destiny. If you have the passion, give your all to keep that passion ignited, and success will come to you,” said Parveen when asked to give a piece of advice to budding entrepreneurs. DEFINITION OF SUCCESS According to Parveen, you cannot define your success with some metrics. As long as you pursue your happiness, you will be successful. In Ranolia Ventures, the company measures success as a satisfaction ratio for both its clients and employees. It believes that all its employees should have a satisfying working experience as much as its happy returning clients. AWARDS AND MILESTONES Ranolia Ventures has successfully achieved a CMMI maturity level-3. It is providing impeccable service for more than five years on par with globally accepted standards. It has developed more than 500 apps with its fast-increasing team of over 200 developers. In the next five years, Ranolia Ventures envisions itself at the frontier of app development and to grow swiftly with the ever-changing technology world. It hopes to provide its existing clientele and future clients with state-of-the-art technological solutions to soar high in the market.
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BUSINESS
YOUR BUSINESS EXPENSES NOW!
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o you know the biggest risk in running a business? Is it lack of capital Or the lack of sales? Running out of money, especially in a small and new business can emerge as the biggest risk. Let’s say there is a business that suddenly caught rapid growth. The cash flow needs to grow with the growth rate, as the business needs to hire more people, purchase assets, make other expenditures to keep up with demands. However, the business is also more likely to drain capital. Therefore, resulting in under-capitalization. There can be other scenarios too such as:
The ideal solution
Not having enough investment
1. Cut down your electricity expenses
Not having adequate team management Lack of capital sources Lack of time management
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Where many business owners mainly focus on generating sales and revenue, another equally important solution is to lower business expenses. If you have started a new business or are at an early stage of development, it will be advisable to focus on lowering the cost of business expenses as much as possible. This method is also adequate for an already established business. Cutting business costs not only saves you from huge bills, but it also benefits the environment and working lifestyle. So here are doable methods that will help you to cut your business expenses.
Which service is the most essential and costs more than any other? An individual faces the overhead bills on electricity. Business owners especially get tired of
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paying huge electricity bills every month. But saving on electricity is the easiest. Some of the methods to reduce the electricity cost is: Use of light blocking blinds and curtains: Always make sure the office has windows. With the help of curtains and blinds, you can adjust the lighting of the rooms. In winters with open blinds, the sunlight can make the room well-lit and warm while in summers blackout curtains can be used to minimize passive heating. Coming up with strict policies: Make Rules like unplugging the unused electronics and closing lights when the room is not in use. Rewards can be provided to employees for their participation.
Use of renewable energy: To save on electricity, adopting renewable energy sources in the office not only works in your favor but for the environment too. If you decide to install solar panels it may cost you a lot initially but it gives good ROI in the longer run. Energy-saving and small-scale renewable energy appliances often qualify for local, state, or federal energy efficiency tax credits.
2. Business Travelling: Are you still spending a fortune on travels?
As the lockdown has introduced us to various online meeting platforms like Google Meets and Zoom, it will not be difficult to conduct meetings at the place of your comfort. Many other applications provide quality video services. Taking unnecessary business trips wastes a lot of time and time is money for any business. Hotels and plane trips aren’t cheap. You can just conduct meetings from your place and save all that money that may be utilized for better things.
3. Paperwork: The most used entity with the easiest implementation of cost reduction
Paperwork is inevitable in business. The official work papers are used in abundance in big organizations. Just like saving energy, the practice of paper saving can cut business costs. This will not only work for the companies’ bottom line but also the environment. There are multiple ways to do it. For scratches and notes, avoid the use of fresh sheets. Reuse waste paper instead. Utilize both sides of the paper for printing and copying. The printed reports’ margins can be tightened and have small fonts. Inform the sources of postal mail when employees no longer work for your company. Use secure electronic file exchange services which is safe for sensitive data, rather than traditional courier services. Use recycled paper.
4. Office Supplies: Don’t make the mistake of buying a single entity
Necessary office supplies like envelopes, chairs, room dividers, phone systems, and many more can be overlooked to save money. Suppliers often overprice these small but essential supplies. Try to make strong deals with your suppliers to buy in bulk and at cheaper rates. Find a permanent supplier and ask for permanent customer discounts. Explore different markets and deals for the supplies.
5. Time is money: Respect your time and strategize! In business, wasted time is wasted money. If your business needs the employee at the workplace then make sure they make full use of their time. How can you optimize productivity from the employee? Provide a work encouraging environment. Entice your employees to work hard by bringing up competitions like the employee of the month award and bonus for being regular. Motivated employees always give their best. Hence, increasing your profits and cutting down costs.
6. The non-core work might not need your regular workforce Why should you hire freelancers and independent contractors for the outside business activities engagement (main revenue source)? They are easier to hire Their employment is cheaper than traditional ones if you can execute the freelance contract.
activities, they can serve as the secret ingredient that keeps your company’s labor costs under control.
7. A significant way is to figure out the ideal place to settle your business
Economies tend to be different in different places. Some cities might be the ideal place to start and grow a business and some might be terrible for the same. You can relocate your business to a lower-cost region. This is one of the best ways if you are looking to reduce high location costs. Though sometimes it is hard to find such places near your home territory. If relocation isn’t an option, you need to understand your location costs and adjust the numbers according to your pocket. If you have taken space on lease for your business, you need to look for a longer period. The rental market increases daily. Try to negotiate a lower rental rate on a longer-term lease. Make yourself aware of local and state tax deductions. In a labor-intensive business like running a hotel, labor is a major cost consideration. Local minimum wage and overtime regulations should be your concern at a place you own that business.
Final Words
Business owners aim to make profits. If a business owner practices to cut business expenses, it not only helps in lowering the bills but also provides other societal benefits.
You don’t have to provide them with health insurance benefits, pre-tax retirement accounts, any kind of leave, or other high price benefits. You can pay them when the project is complete. But it’s also important to note that they are probable of being less loyal and might work on advance payment which keeps your projects at risk. Despite that, for one-time projects and growing non-core
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10 MOST TRUSTED & SECURE SOFTWARE SOLUTION PROVIDERS IN INDIA
Rajesh Gopinathan CEO & MD Tata Consultancy Services
TATA CONSULTANCY SERVICES HELPING CLIENTS SIMPLIFY, STRENGTHEN AND TRANSFORM BUSINESSES
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hether it’s innovation, contextual knowledge, or a purpose-led dynamic approach to transformation, the contribution of Tata Consultancy Services as the world’s largest IT consulting enterprise is immense. Tata Consultancy Services, popularly known as TCS, is a renowned software service provider in India that combines tech
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expertise and business intelligence to catalyze change and deliver results. The company has made significant investments in digital platforms and products spanning Technology Products, horizontal platforms, and products, and vertical platforms and products. Established in 1968, TCS has grown to its current position as the fastest-growing
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brand of the decade in IT services. The mission of the company is to help customers achieve their business objectives by providing creative and innovative best-in-class consulting and IT solutions. Rajesh Gopinathan is the Chief Executive Officer and Managing Director of Tata Consultancy Services. He has played
a vital role in helping the company become a US $20.9 billion global company. He follows a collaborative and participative approach with a razorsharp focus on the execution and implementation of creative ideas. UNIQUE PORTFOLIO OF SERVICES TCS provides a wide range of top-quality services. Some of them are: Cloud Applications TCS provides different advisory, assessment, migration, implementation, and managed services that help design, execute and sustain a business ecosystem balanced with a hybrid cloud-led business model. Quality Engineering TCS offers CX assurance, Smart QE, and Big Data & Analytics test automation solutions. Its next-generation platform solutions powered by artificial intelligence and machine learning deliver quality engineering services to enterprises. Cognitive Business Operations TCS has designed Cognix, an AI-driven human-machine collaboration suite for accelerated digital transformation. TCS Cognix allows enterprises to leverage plug-and-play capabilities for the seamless introduction of new technologies and deploy a human-centered design thinking approach to foster collaboration and drive behavioral consistency. Cyber Security TCS helps enterprises to fortify their businesses through a full suite of risk-focused and context-aware security services leveraging artificial intelligence, automation, cloud, and agile technologies. The company has more than 25 security innovation labs, and more than 100 security operations centers. TCS also offers other services like enterprise applications, automation & AI, engineering & industrial services, and Internet of Things, etc. TCS RESEARCH: EXPANDING THE GROWTH HORIZON Since its establishment, TCS has established itself as a pioneer in software research. It successfully delivers large and complex projects by creating appropriate tools and frameworks for software development. TCS works on diverse research areas to develop transformative solutions under two distinct heads:
TCS Research: It is pursuing research in different areas like computing systems, deep learning & AI, behavioral, business & social sciences, cybersecurity & privacy, media & advertising, physical sciences, foundations of computing, embedded devices & intelligent systems, and data & decision sciences. Innovate to Impact: It has developed a network of innovation labs that is focused on domains and technologies. The team at TCS Innovation interacts with customers through different events like innovation forums, innovation days, and round table discussions. Initiatives like Accessibility Center of Excellence and mKrishi have led to bringing positive social impact. CORPORATE SOCIAL RESPONSIBILITY To build a better future for marginalized sections of society, TCS is running different initiatives: 1. Adult Literacy Program: This program aims to improve adult literacy by helping learners reach functional literacy in 50 to 55 hours. The company enters into an agreement with local NGOs and provides financial support to assist in conducting the classes. 2. Ignite my future in school: It is a transdisciplinary educational program that aims to transform the way students learn. Educators are provided
with high-quality professional development, enabling them to impart computational thinking concepts in the minds of students. AWARDS AND MILESTONES Tata Consultancy Services is a big name now. It has a long list of industry awards, accolades, and recognitions. Some of the coveted awards received by the company are:
Overall Most Outstanding Company in India by investors across the region in Asiamoney’s 2019 Asia’s Outstanding Companies poll. The prestigious Retd Dot: Best of the Best – Brands and Communications Design 2019 Award for its game, Marathon City A Gold Stevie® and two Silver Stevies® for its innovative and highly popular Virgin Money London Marathon App, and related promotional campaigns in the community, at the 16th Annual International Business Awards, 2019 Ranked #1 for Customer Satisfaction for the sixth consecutive year in Europe’s largest independent survey of IT service providers, carried out by Whitelane Research in 2018. TCS continuously explores emerging technologies to drive future capabilities and create an impact for customers and the overall society.
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10 MOST TRUSTED & SECURE SOFTWARE SOLUTION PROVIDERS IN INDIA
CP Gurnani CEO & MD Tech Mahindra
TECH MAHINDRA OFFERING CUSTOMER-CENTRIC TECHNOLOGY-LED BUSINESS SOLUTIONS
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usinesses have started redeveloping their digital landscape. However, the changes in the digital landscape are so swift that companies find it challenging to react quickly. Tech Mahindra, founded in 1945, is focused on leveraging next-generation technologies to enable end-to-end digital
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transformation for global businesses. It shares a vision to deliver best-in-class technology-led business solutions. Tech Mahindra represents the connected world, offering innovative and customer-centric information technology solutions to more than 1100 global customers and 90 countries. The company is led by CP Gurnani, an accomplished business leader with
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extensive experience in international business development, start-ups, turnarounds, joint ventures, and mergers & acquisitions. He is the current Chief Executive Officer and Managing Director of the company. His entrepreneurial style of management is a blend of both enthusiasm and dynamism which is driving the growth of the company with each passing day.
WHAT MAKES TECH MAHINDRA UNIQUE? For a world that is connected by purpose, people, and passion, Tech Mahindra promises memorable connected experiences. Tech Mahindra comprises a dedicated and experienced team of digital changemakers who strive to change the way different businesses, communities, the world, and humans interact on digital platforms. It thrives on change that is powered by the intelligent symphony of technology and humans designing meaningful and sustainable experiences. It serves industries from almost every field like communications, media & entertainment, manufacturing, banking, financial services, and insurance, healthcare life sciences, retail, and consumer goods, energy and utilities, hi-tech, travel, transportation, hospitality and logistics, professional services, oil and gas, and public and government sector. UNIQUE PORTFOLIO OF SERVICES Tech Mahindra’s portfolio of services ranges from designing the strategy to delivering the impact. Infrastructure and Cloud Services Tech Mahindra helps enterprises accelerate their journey to a digital future by providing platform-enabled solutions powered by AI and Automation. Under infrastructure and Cloud Services, it offers cloud services, end-user computing, and workplace services, enterprise network services, data center, and enterprise security services. The company tries to cover the entire infrastructure stack and support new-age technologies that can help small and medium enterprises embrace digital transformation. Network Services It is the world’s largest independent network service provider. Telecom Networks is the forte of the company. Under network services, Tech Mahindra offers 4G/5G RAN Services, Virtual and open RAN solution, network cloud and orchestration, Nextgen managed services, E2E Analytics and automation, and OSS application services. Performance Engineering Tech Mahindra is a one-stop solution for the delivery of all performance and non-functional requirements into the technology estates of the customers. It offers performance testing, application
performance management, ILM & DB Performance assurance, and technical & tool consultancy services. Data Analytics Data is becoming the core DNA for an organization to transform in this digital era. The company offers master data management, data migration. Consulting & data engineering, data governance & data quality management, data visualization, data monetization, and other related services. Tech Mahindra provides other prominent services like digital supply chain, business process services, telecom product engineering, intelligent automation, experience design services, and integrated engineering solutions. SUSTAINABILITY MODEL: LEADING THE CHANGE As the company believes that making the best use of technology to sustain the environment and society will go a long way, Tech Mahindra focuses on responsible business growth. Initiatives it has taken so far include:
Solar plants installed at 10 of its facilities helped the company save 5680MTCO2e GHG emissions. Recycled more than 590 million liters of water in FY20
saved more than 1 lakh of carbon emissions Recharged 1000 Kilo liters of groundwater through rainwater harvesting plants AWARDS AND MILESTONES Tech Mahindra is consistently achieving growth due to its exemplary work in the IT and software sector. It has bagged awards in various fields. Some of the prominent ones are:
Service Delivery Excellence & NextGen Product Award at NASSCOM Engineering & Innovation Excellence Awards 2021 Recognized as a top-performing SAP partner in the APJ region for outstanding contribution in driving digital transformation for SAP customers. The World Media Award for the Best Corporate Influencer for its “In The Future” program in partnership with Wall Street Journal. Recognized as a Leader for Customer Experience Services in Telecom and Media Industry by NelsonHall in 2020. The aim of Tech Mahindra is to deliver tomorrow’s experience today, by believing that the ‘Future is Now’.
Planted 26,000 trees in FY20 Saved 6000+ MTCO2 through green and efficient equipment Virtualized 30,000 servers and TheGlobalHues | Vol. 1 | Issue 17 | November 2021
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10 MOST TRUSTED & SECURE SOFTWARE SOLUTION PROVIDERS IN INDIA
Rishad Premji Executive Chairman Wipro
WIPRO PUSHING THE INDUSTRY FORWARD USING FUTURE-READY TECHNOLOGIES
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ncorporated in 1945, Wipro is a leading global information technology, consulting, and business process services company. To help businesses adapt to the digital world, Wipro harnesses the power of cognitive computing, hyper-automation, robotics, cloud, analytics and emerging technologies. Wipro has a dedicated and professional team of
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220,000 employees serving clients across six continents. Rishad Premji is the Executive Chairman of the company. He led Wipro’s M&A strategy and conceptualized Wipro Ventures, a $250 million fund to invest in start-ups developing technologies and solutions. Wipro follows four core values that energize the company to strive forward.
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These values are the touchstone for all that it does:
Wipro is global in its thinking as well as actions. It is energized by deep connectedness between people, ideas, communities and the environment. It unyields integrity and commitment in everything it does. Wipro
commits to follow ethics beyond any doubt, in the toughest of circumstances. Wipro is always passionate about clients’ success. It collaborates to sharpen its insights and amplify this success. It encourages and nurtures a holistic environment where people are encouraged to earn, shape and grow. It embraces the diversity of thought, of cultures, and of people. SERVICE OFFERINGS Wipro promises to support diverse businesses in all its business geographies by offering different services: Data Analytics and AI Underpinned by technologies such as Cloud, Internet of Things (IoT), Artificial Intelligence, Machine Learning, Wipro helps companies enhance their decision making while enabling augmented intelligence and process automation. It offers Sense-Think-Respond-Learn (STRL) system to convert data to actionable intelligence. Digital Operations and Platforms The company combines its core business knowledge with leading technologies such as cognitive technologies, robotics process automation, and analytics to offer powerful business intelligence thereby improving business visibility. Blockchain Solution To shape blockchain ecosystems, Wipro delivers cutting-edge blockchain offerings and solutions by leveraging other next-gen technologies like AI, Big Data, IoT, Digital, platforms like Connected Telematics, Wipro HOLMES, and Miliu bank. It has partnered with emerging players like Hedera Hashgraph, R3, and MonetaGo that provide the company with the resources to develop niche blockchain applications. Big Data The company’s Big Data Ready Enterprise (BDRE) product helps in accelerating big data implementations and driving actionable intelligence for faster innovation. Wipro enables industries to transform their businesses and gain significantly by leveraging the power of Big Data across their value chain. Enterprise Operations Transformation It is a technology agnostic, operationscentric and process-relevant unit that
helps businesses move towards customer-centricity with smart operations. Except these services, the company also offers Product lifecycle management, infrastructure services, cybersecurity & enterprise risk management, consulting and DevOps services. CORPORATE SOCIAL RESPONSIBILITY Social good is in the company’s DNA. It believes in sustainability for the health of the planet, its inhabitants and diverse businesses. Its drive for sustainability has been lauded worldwide.
Decarbonization: Wipro supports companies with several tools to help them achieve decarbonization. It has supported its clients’ decarbonization initiatives: carbon management for one of the largest oil and gas enterprises in India, and peer-topeer renewable trading platform for a global oil and gas leader. Operational Risk Management: Wipro offers a variety of operational risk management tools to help utilities manage ecological issues systematically. Environmental Data Management: Wipro provides different environmental data management tools to help companies quickly and confidently manage environmental threats and risks.
infrastructure (buildings, real estate), green IT & data center operations, smart factory (plant automation, robotics), and energy monitoring and efficiency services. AWARDS AND MILESTONES Wipro has received innumerable corporate awards and achieved various milestones. Some of them are:
“ER&D Organization of the Year” by NASSCOM at Engineering Innovation and Excellence awards 2021 Global Breakthrough Partner of the Year” from Pivotal Software in 2019 Businessworld “Future of Design” Gold Award in the product design category for the social robot WEDA in 2018 2017 QuEST Forum Global Sustainability Awards in the software category. 2017 Most Admired Knowledge Enterprise (MAKE) Award, No.1 in Asia & India. Wipro caters to the need of diverse industries such as aerospace & defense, education, automotive, oil & gas, pharmaceutical & life sciences, natural resources, travel & transportation, consumer electronics, professional services, healthcare etc.
Energy Management: Wipro helps businesses with relevant energy management resources like smart TheGlobalHues | Vol. 1 | Issue 17 | November 2021
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INTELLECT QUOTES ON
PASSION
“Working hard for something we don’t care about is called stress. Working hard for something we love is called passion.” -Simon Sinek “A great leader’s courage to fulfill his vision comes from passion, not position.” - Maxwell “If you’ve passion- the desire to succeed at all cost, there won’t be any lack or limitation that could stop you. Passion wipes out excuses.” - Assegid Habtewold “When you feel passionate about your work, there is no great difference between the way you feel on Monday morning and the way you feel on Saturday morning.” - Larry Smith
Forget about the fast lane. If you really want to fly, harness your power to your passion. Honor your calling. Everybody has one. Trust your heart, and success will come to you.
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“Having a passionate interest in something burns our heart and ignites the fire and makes us concentrate on what we love, curiously learn more about it and persistently follow our desires and create a productive impression out of it.” Pantea Kalhor “Discover your passion. Pursue your passion. Then your passion can enrich your life and the lives of others.” - Donna Satchell “If you can’t figure out your purpose, figure out your passion. For your passion will lead you right into your purpose.” - Bishop T.D. Jakes “You can create money from your passion but you can’t create passion from your money.” - Rob Kish
10 MOST TRUSTED & SECURE SOFTWARE SOLUTION PROVIDERS IN INDIA Brand
3i Infotech
Accenture
Name and Designation Padmanabhan Iyer MD & Global CEO
Julie Sweet Chair & CEO
Covalense Global
Narayana Peesapati
HCL Technologies
C Vijayakumar
Hyperlink InfoSystem
Harnil Oza
Infosys
Founder & CEO
CEO & MD
CEO
Salil Parekh CEO & MD
Ranolia Ventures
Parveen Ranolia
Tata Consultancy Services
Rajesh Gopinathan
Tech Mahindra
Wipro
Founder & CEO
CEO & MD
CP Gurnani CEO & MD
Rishad Premji Executive Chairman
Description An Indian IT company delivering results and driving digital transformation, driven by a number of emerging technologies
A leading global professional services company with leading capabilities in digital, cloud, and security
A trusted software and a well-recognized company dedicated to maximizing the value of enterprises by adding intelligence to processes
A leading company delivering holistic services through its worldwide network of R&D facilities, global delivery capabilities & co-innovation labs
A renowned mobile app development and IT Software Solution provider company delivering 100% bug-free applications
A next-generation digital services company helping businesses create & execute different strategies for their digital transformation
A preeminent app development and digital marketing agency that aims to fine-tune any business and create spectacular apps
A renowned software company combining tech expertise and business intelligence to catalyze change and deliver results
A leading company focused on leveraging next-generation technologies to enable end-to-end digital transformation for global businesses
A leading global IT company harnessing the power of cognitive computing, hyper-automation, robotics, cloud, analytics, & emerging technologies
All the names have been arranged in an alphabetical order, and it is not a ranking TheGlobalHues | Vol. 1 | Issue 17 | November 2021
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SPECIAL FEATURE
IN CONVERSATION WITH CYBERCRIME INVESTIGATOR AND CYBERSECURITY EXPERT UMMED MEEL
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mmed Meel is a CyberSecurity Expert, Ethical Hacker, Public Speaker, and Cyber Crime Investigator with an experience of more than 8 years. He has trained around 20,000+ Police officers from different states like Rajasthan, Delhi, UP, Himachal Pradesh, Haryana, Chhattisgarh, and other states. He has also trained CBI, BSF, CAPF, CDTI, CAG, BPRD, Air Force, and other LEA’s (Higher Defence Organization) in India. He has given 100+ seminars in colleges, schools, and universities to encourage them to make their careers in the field of Cyber Security and Cyber Forensics. He works with Central Police, State Police, and other law enforcement agencies to investigate critical cybercrime cases across India. Edited Excerpts What are your thoughts about Cyber Crime? How does it impact businesses and overall society? Any mischief or cheating which is either committed with the help of a computer or a computer network is termed as Cybercrime. Nowadays, hackers do not only target big companies to steal their databases but also individuals for
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cyberbullying, harassment, and financial fraud. In the last decade, cybercrime has increased exponentially. The main objective behind committing a cybercrime may vary. For instance, if hackers are targeting any online shopping website then their basic aim would be to hack the database, get into the website, and exfiltrate some critical information of users like their contact details, credit, and debit card details, etc. They can also target an individual in multiple ways like cyber harassment, defacement, extortion, etc.
Ummed Meel
Do you think that the Covid-19 Pandemic has increased the rate of Cybercrime? If yes, why? Yes! Cybercrime increased a lot during the Covid-19 pandemic. From March 2020 to March 2021, cybercrime increased almost by 200 to 300% and the main reason behind this is the unlimited availability of digital devices and the internet. As the pandemic locked us in our homes, we started surfing the internet for endless hours a day. If we invest so much time on the Internet, we try to explore more and more social media and OTT platforms. All these platforms ask us to register and fill in personal information like name, phone number, email ID, date
of birth, and other debit & credit card details. Later, these details can cause cyber attacks or cyber incidents. There are many small businesses that are emerging in the market. Do you think small businesses face the same Cyber risks today as larger companies faced in recent history? Criminals are also targeting small industries in India to either make money or interrupt their ongoing business process to reduce the competition in the market. Earlier, criminals were only focusing on the big companies to steal their user’s databases but after digitization in India, Cybercriminals have started focusing on small industries because every small business is moving towards digital transformation. They have started running their business online and accepting payments through online modes which attract criminals to hack the website & steal confidential data. Moreover, small industries do not focus on the security of their computer infrastructure because of the budget and resource limitations, which makes them more vulnerable to data breaches and cyberattacks as compared to the big companies. Digital forensics and Cybersecurity go hand in hand. Elaborate how digital forensics is important to Cyber Security. In information security, there are multiple domains and every domain has a significant role to play. There are two main fields in information security.
Cybersecurity helps you to have multiple security services like vulnerability assessment, penetration testing, configuration review, secure architectural review, information security audits, and compliance checks. All these services can help you to keep your infrastructure and digital devices secure against any cyber-attacks. A Digital forensics team is a basic requirement for any organization to handle cyber incidents, analyze the incidents, and find out the root cause of a cyber-attack so that upcoming cyber attacks and cyber threats can be prevented.
Do you think India needs a strong cybersecurity policy considering the fact that recent technological developments are booming in the market? To regulate the social media intermediaries, OTT, and other online service providers in India, we need to have a strong arrangement of law. Although, we have the IT Act 2000 but we also need Personal Data Protection and information security laws so that everybody can get an assurance that their personal information will never be misused by any service provider. The government of India has released some guidelines for social media intermediaries that will make it mandatory for platforms such as WhatsApp to aid in identifying the “originator” of “unlawful” messages. The guidelines are:
They have to register the complaint within 24 hours of the incident and set up grievance redressal mechanisms as well as assist government agencies in the investigation. The intermediary will also have to provide information or assistance to the authorized government agencies for “investigative or protective or cyber security activities. They need to appoint the Chief Compliance Officer, Nodal Officer, and a Grievance officer in India to deal with complaints. They would also need to publish a monthly compliance report mentioning the details of complaints received and action taken on the complaints as well as details of contents removed proactively.
Keep different passwords for different online accounts. Be careful while using internet banking or UPI. Never share your pin, CVV, or OTP passwords. Never share your confidential details like the screenshots or photos of your credit & debit cards on social media platforms. Use complex passwords that include numeric values, special characters, small and capital alphabets. Keep strong passwords on digital devices. Download applications from authorized and trusted app stores only. Suggest some best practices and precautions that businesses should take to avoid cyber threats. Every company should select a secured language framework and network to develop their web application, mobile application, and computer network. Multiple cyber security services like vulnerability assessment and penetration testing can help companies to identify the weak points and technical loopholes of any application or computer network. Companies can also conduct information security audits for the configuration review to check the secured installation of that framework, service, or application. Companies can also organize webinars and seminars to spread awareness among consumers and employees regarding the kinds of attacks that can happen on their servers and applications. This can surely reduce the possibilities of future cyber attacks.
Are there any digital rules that should be followed by all the people living in this online world? Everyone should take some precautionary measures while using the internet or digital devices.
If you are using a social media platform, always keep your profile private. Don’t accept requests of any unknown person.
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HEALTH
5 FOOD ITEMS THAT ENTREPRENEURS SHOULD AVOID FOR SURE!
“The foods we choose make a difference.” -Michael Greger
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eople underestimate how important it is to take a proper and balanced diet throughout the day. If you are skipping your regular meals then you are doing injustice to your health. As a busy entrepreneur, it may be difficult for you to have a check on a diet chart but keeping an eye on eating habits is crucial. Entrepreneurs are often asked about their goals and vision but nobody asks what diet do they follow. Here are 5 food items that every entrepreneur must avoid in every situation in order to stay fit and healthy.
ALCOHOL
No matter how cool it looks to hold a glass of wine in hand to portray the success, alcohol’s effects can be devastating. According to different studies, high alcohol intake can damage your mental health or may lead to memory loss as well. Alcohol consumption can lead to serious health problems like high blood pressure, heart diseases, anxiety, irregular heartbeat, tremors, nausea, nervousness, and other health problems. If you want to maintain progress in your business, you must stop drinking alcohol.
SUGAR ADDED DRINKS
Sugary drinks can be very harmful as they increase the total calories in the body and also lead to a higher risk of type 2 diabetes, kidney diseases, tooth decay, non-alcoholic liver disease, and gout, a type of arthritis. As an entrepreneur, you should avoid the consumption of sugary drinks as excessive consumption can have adverse effects on your health. You can consume water or tea instead to maintain the hydration levels in your body.
OILY SNACKS
Everyone loves having cheese nuggets, french fries, and other oily food items during a business conference or a meeting. Over-eating of such snacks is a common habit of many entrepreneurs but these snacks are high in calories and can lead to stomach pain, diarrhea, heart diseases, diabetes, acne issues, weight gain, and obesity. Instead, you can consume healthy meals with wholesome ingredients. You can opt for whole-wheat bread, carrots, sweet cherry tomatoes, whole-grain crackers, pepper strips, celery sticks, and other healthy snacks.
CAKES AND PASTRIES
Cakes and pastries may satisfy your taste buds but can have devastating effects on your health. Cakes and pastries are generally made with sugar, flour, and processed fats. The sugars in cake may increase the blood glucose level, induce weakness, numbness, and sleepiness, and can also raise blood cholesterol levels. If you want to have some sweet dish or dessert, yogurt, fresh fruits, or dark chocolate can be the perfect alternatives.
CHEESE
Cheese contains healthy nutrients and is a great source of protein and calcium but excessive consumption may lead to high cholesterol, high blood pressure, and weight gain. Cheese is high in fat and experts advise limiting the intake of saturated fat. Cheese does not contain any fiber and excessive intake of pasteurized dairy may cause constipation. For a healthy and safe meal, you can choose mozzarella and cottage cheese. If you are serious about your health, avoid eating the above-mentioned food items. Although, you can consume such food items on special occasions but try not to make it a habit!
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Gujarat THE JEWEL OF WESTERN INDIA
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ordered by Maharashtra to the South and Rajasthan to its Northeast, Gujarat is often looked as the perfect tourist destination by almost every Indian. Fascinated by its rich culture, mesmerizing landscapes, and scenic beauty, people love to discover the sixth largest state of India, Gujarat. If you wish to explore a distinct yet pleasing destination and add a lifetime memory to your travelogue, take a look at some of the famous and must-visit places of Gujarat.
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AHMEDABAD Located at the banks of the Sabarmati River, Ahmedabad is the hub of industries, educational hotspots, and ancient significance. It is famous for its delicious food, and rich culture. You can enjoy the elephants roaming around on the roads of Ahmedabad. The ancient walled city listed as a world heritage site by UNESCO is undoubtedly the city’s main attraction but you can also visit other places in Ahmedabad like Statue of Unity, Sabarmati Riverfront, Sabarmati Aashram, Swami Narayan Temple, Dada Hari Wav, Manek Chownk, Modhera Sun Temple, Calico Textile Museum, Sardar Vallabh Bhai Patel National Memorial, and ISKCON Temple. The best time to visit Ahmedabad is between October to March. KUTCH Situated in Gujarat’s northwest corner, Kutch is undoubtedly one of the most beautiful places in India. In the months of December-February, this place becomes a home for migratory waterbirds, flamingos, and sandgrouse. Kutch is a less populated city and is among the largest district of India. It is famous for its craft & embroidery work, sanctuaries, and beaches, etc. Some of the best places to visit in Kutch are Rann of Kutch, Kutch Desert Wildlife Sanctuary, Dholavira, Kutch Museum, Kutch Bustard Sanctuary, Kandla Fort, and Mudra Fort. The best time to visit Kutch is from November to February.
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BHUJ Bhuj is the administrative capital of Kutch and is famous for its ancient temples, hills, traditional handicrafts, and its serenity. The artisans of the village have also won many national awards for their specialized skills in embroidery weaving, and pottery. Bhuj connects the tourists with ancient Asian history through its archaeological findings, remnants of the Indus Valley, and places connected with the Mahabharata and Alexander the Great’s march into India. Places to visit in Bhuj are Mandavi Beach, Aina Mahal, Hamirsar Lake, Prag Mahal, Clocktown, Bhuj, Living and Learning Design Center, Kranti Tirth, Hill Garden, and The White Desert of Kutch. The best time to visit Kutch is from July to March. SURAT With its name associated with Saurashtra (the good land), it is the second most populated city in the state. It is the center of diamond cutting and also a commercial hub of textiles. It attracts people who are interested to explore the ancient history and exotic wildlife of the place. You can visit Dutch garden, Dumas beach, Hajira village, Ambaji temple, Dandi beach, Tithal beach, Science center, Surat Castle, Snow park, and Suvali beach in Surat. The best time to visit this place is from October to March. SOMNATH Somnath is a pilgrim center and is home to one of the 12 Jyotirlingas. This place holds a strong mythological and religious importance. Somnath also offers beaches, museums, and other fascinating attractions. Places to visit in Somnath are Somnath temple, Paanch Pandav Gufa, Gita mandir Bhalka Tirth, Triveni Sangam temple, Kamnath Mahadev temple, Somnath museum, Suraj Mandir, and Chorwad beach.
Try to visit Gujarat in September and October to witness the colorful festival of Navratri and other musical and dancing celebrations throughout the state.
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