HCL breaks ground for new global facility in Andhra Pradesh

India’s third largest information technology firm HCL Technologies on Monday laid the foundation stone for a new global IT development and training …
India’s third largest information technology firm HCL Technologies on Monday laid the foundation stone for a new global IT development and training centre at Vijayawada in Andhra Pradesh, involving an investment of Rs 700 crore.

The HCL facility, to come up over 29.86 acres of land to be part of the state’s drive to create a new IT Hub, promises to offer jobs to 5,000 persons over 10 years. The AP government had last year signed a memorandum of understanding with Shiv Nadar promoted HCL Technologies for the largest ever facility in the state.

HCL will set up operations in two phases with first phase involving Rs 400 crore to build a R&D and Development Center, which will accommodate 4,000 professionals. The second phase will come up over 20 acres near Amaravati at an investment of Rs 300 crore to accommodate 3,500 IT professionals.

A skill development center with a 1,000-seat capacity will also be developed as part of the agreement.

The AP IT minister Nara Lokesh laid the foundation stone in the presence of HCL Corporation’s chief executive and executive director Roshni Nadar Malhotra.

HCL said it plans to service its global customers especially in the Hi-tech industry from the Vijayawada facility.

Through its “come back home” campaign, HCL plans to attract talent who belong to Vijayawada and provide them with exciting careers in the areas of application and product development including new technologies on demand. The company proposes to invest in creating a training center for fresher engineer graduates from local colleges.

HCL said this is an initiative to bridge the employability divide between the metros and urban cities. It will also provide an eclectic range of employment opportunities to the youth in the region that will ultimately enhance the quality of life.

“HCL Technologies is committed to bringing new opportunities and creating a better future for the people. With this in mind we have successfully expanded to emerging IT hubs like Madurai, Lucknow and Nagpur over the last couple of years with a great degree of success, said Roshni Nadar Malhotra. “Setting up a Global IT and Training Center in Vijayawada is one of the biggest initiatives… The creation of this Global Centre is aligned with our strategic vision to expand and create opportunities in the emerging cities.”

Minister Nara Lokesh said, “Through this effort I believe that HCL will also be able to leverage the quality talent available in the state.”

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Oracle summit showcases influence of emerging technologies on business innovation

The Nigerian economy is bolstered by a thriving small to medium enterprise (SME) community, with many engagingin business that can only be made …

The Nigerian economy is bolstered by a thriving small to medium enterprise (SME) community, with many engagingin business that can only be made possible through cloud technology, the adoption of which is instrumental if businesses and government want to remain relevant and competitive. According to Adebayo Sanni, managing director of Oracle Nigeria, “the world of…

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VC allocations not growing proportionately with surge in deep tech startups, says SGInnovate’s …

In a previous interview with DealStreetAsia, Vishal Harnal, Partner at 500 Startups called deep tech “one of the most underrated investment …
October 9, 2018

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Venture capital portfolios are not growing proportionately with the rising number of deep tech startups in Singapore, says Steve Leonard, CEO of SGInnovate. This may lead to companies getting left out, even if some of them have good investment potential.

Leonard noted that while funding rounds have grown bigger, the capital may not be filtering down to the seed level, where most of the deep tech firms are.

“There’s tons of money at Series A and B, and that’s where you get the big boys like the Vertexes and more established funds. But if you take a look at the other VCs in town, they have a lot of other things that they’re investing in. The question is – how much room do you have left in your fund for some of these things called deep tech?” asked Leonard.

A large number of new deep tech firms are expected to enter the market.

In September, the National University of Singapore (NUS) committed $18.18 million to launch 250 deep tech startups in Singapore. Entrepreneur First has also committed to launching over 20 deep tech companies a year.

Some of the more active VCs in SEA deep tech include Silicon Valley’s 500 Startups and Wavemaker Partners.

In a previous interview with DealStreetAsia, Vishal Harnal, Partner at 500 Startups called deep tech “one of the most underrated investment opportunities in Asia”, citing verticals like biomedical, communications, space and robotics with the greatest potential.

It is not just in Singapore that deep tech is generating investor interest. Earlier this year, Vietnam-based Innovatube Fund launched a $5-million fund focusing on frontier technology like AI, IoT, blockchain and AR/VR in Southeast Asia. The fund has so far invested in one company based in Thailand.

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Parental Control Software Market | Global market research Detailed analysis 2018-2023 (Major …

Parental Control Software Market | Global market research Detailed analysis 2018-2023 (Major Players:Symantec, Kaspersky, Qustodio ) and more…

The Global Parental Control Software industry market provides market segment level data on the Global industry market.the Parental Control Software market report consists the growth pattern by company,applications,types and regions from 2018-2025.

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Below mentioned companies are analyzed upon their revenue,price margins in the Global Parental Control Software market and main products they offers :

Symantec, Kaspersky, Qustodio, Meet Circle, Blue Coat Systems, Net Nanny, AVG, KidLogger, OpenDNS, Webroot, Salfeld

Parental Control Software market report helps the companies to understand the market trends and future market prospective,opportunities and articulate the critical business strategies.It also includes Company profiles of the market top manufacturers contact information,gross capacity,respective markets they cover, product details of each manufacturer,price,cost etc are covered.

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United States, Europe, China, Japan, Southeast Asia, India, Central & South America

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Cloud, On-premise

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Educational institutes, Residential

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Doppel Pharma Selects TraceLink to Comply with EU FMD Regulations; Companies Partner …

… FirstMark Capital, Volition Capital and F-Prime Capital. Logo – https://mma.prnewswire.com/media/690309/TraceLink_Logo.jpg. SOURCE TraceLink …

Based in Italy, Doppel is a contract development and manufacturing organization (CDMO) and one of Europe’s leading experts in formulation, development and manufacturing. Doppel selected the TraceLink Life Sciences Cloud to enable its customers to meet the EU FMD deadline in February 2019, at the lowest cost and least risk to their product supply. By leveraging TraceLink’s network tenant architecture, Doppel can eliminate the complexity and costs associated with point-to-point integrations for its EU pharmaceutical manufacturing customers.

“Many of our 90+ customers throughout Europe need to meet the FMD requirements. Therefore we could not approach this great effort with our strength only. Our analysis showed that individual point-to-point connections with each customer required a large amount of resources to an unpredictable guarantee of success. As a result, we selected TraceLink to save time and resources. With TraceLink’s network approach, we will instantly transform our serialization project into a much easier and more manageable process,” said Claudio Rondena, Business Manager at Doppel.

Visit TraceLink and Doppel at CPhI Worldwide October 9-11, 2018 in Madrid. To learn more about how to work with both TraceLink and Doppel to become EU FMD compliant, stop by stand 1K10.

Also at CPhI, TraceLink will be presenting in the Pharma Insights Briefing Room with Sharp Packaging Services on “Engaging the Patient: The opportunities & challenges of a fully serialization-enabled supply chain,” scheduled for October 9 at 1:50 p.m. CEST.

About TraceLink

TraceLink is the World’s Largest Track and Trace Network for connecting the Life Sciences supply chain and eliminating counterfeit prescription drugs from the global marketplace. Leading businesses trust the TraceLink Life Sciences Cloud to deliver complete global connectivity, visibility and traceability of pharmaceuticals from ingredient to patient. A single point and click connection to the Life Sciences Cloud creates a supply chain control tower that delivers the information, insight and collaboration needed to improve performance and reduce risk across global supply, manufacturing and distribution operations. A winner of numerous industry awards including Deloitte’s Technology Fast 500 (ranked number 149 in 2016), the Amazon AWS Global Start-Up Challenge Grand Prize, and the Edison Award for Innovation in Health Management, the Life Sciences Cloud is used by businesses across the globe to meet strategic goals in ensuring global compliance, fighting drug counterfeiting, improving on-time and in-full delivery, protecting product quality and reducing operational cost. For more information on TraceLink and our solutions, visit www.tracelink.com or follow us on LinkedIn, Twitter and Facebook.

TraceLink is funded by Goldman Sachs, FirstMark Capital, Volition Capital and F-Prime Capital.

Logo – https://mma.prnewswire.com/media/690309/TraceLink_Logo.jpg

SOURCE TraceLink

Related Links

http://www.tracelink.com

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