Archive for August, 2017

CyberArk and Jenkins Power Secure, High Velocity DevOps Environments

31 Aug

Devops pune summit

CyberArk, the company that protects organizations from cyber attacks that have made their way inside the network perimeter, today announced the integration of the CyberArk Privileged Account Security Solution with Jenkins, the leading open source automation server. With this integration, organizations gain an automated orchestration process with built-in secrets management and protection for their DevOps pipeline without unnecessary trade-offs between security and velocity.

Automatically Embed Secrets Management Best Practices Into DevOps Pipelines

Secrets represent one of the largest DevOps-related security vulnerabilities an organization faces today. In many environments, secrets are poorly secured – often in text files – and are manually managed by team members.

This makes secrets a prime target for an external attacker or malicious insider. If exploited, secrets allow attackers to take full control of an organization’s IT infrastructure, disable security controls, steal confidential information, commit financial fraud and disrupt operations.

The CyberArk Privileged Account Security Solution integration with Jenkins enables CIOs, CISOs, operations personnel and developers to deploy solutions that provide security and support compliance goals without impeding the agility and speed of the DevOps pipeline. Organizations can now:

● Secure and Manage Secrets Used by Jenkins Jobs: The joint solution automates nearly all security and management tasks related to secrets use by the Jenkins solution across every environment and platform. Each time a job is run, the Jenkins agent retrieves a secret from CyberArk-Conjur – keeping secrets safe. CyberArk-Conjur rotates secrets automatically based on an organization’s security policy, making them available to developers on-demand in any environment, while protecting them from potential compromise.

● Secure and Monitor Privileged User Access to the Jenkins Console: As the Jenkins console provides access to almost every asset throughout the DevOps pipeline from development to deployment, user activity should be carefully monitored and controlled. Using CyberArk Privileged Session Manager, organizations can isolate, control and monitor user access and activity on the Jenkins console to prevent against insider threats or external attacks. All privileged user sessions are recorded in the background for audit and compliance purposes.

“Focusing on secrets protection, and ensuring that privileged access to Jenkins is secured and managed, will enable security practitioners/experts to enforce security polices and support compliance goals while giving DevOps teams the tools they need to remain productive,” said Kohsuke Kawaguchi, CTO, CloudBees and founder of the Jenkins project. “CyberArk is setting a standard for how organizations can secure privileged accounts and manage secrets without impacting the DevOps workflow.”

The enterprise-grade CyberArk Privileged Account Security Solution enables DevOps and security practitioners to automatically secure and manage secrets – used by both users and machines such as CI/CD and configuration management tools, applications, hosts and microservices. This enables organizations to accelerate the rate of software deployment without compromising on security, while maintaining a comprehensive audit trail for compliance initiatives.

“The DevOps process has had a dramatic impact on organizations and the speed with which software can be delivered. Despite these gains, DevOps was fundamentally not designed with security in mind, representing a growing attack surface that malicious attackers target and exploit,” said Adam Bosnian, executive vice president, global business development, CyberArk. “The integration of the CyberArk Privileged Account Security Solution with Jenkins provides organizations with an enterprise-class solution for privileged account security and automated secrets management. This empowers organizations to create secure DevOps environments without slowing down productivity.”

As part of this integration, Jenkins is also joining CyberArk’s global technology partner program that brings together enterprise software, IT security and service providers to build on the power of privileged account security to better protect customers from cyber threats across multi-platform environments.

world Devops Summit bangalore

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What is bitcoin and how much is it worth?

30 Aug

Bitcoin event

Blockchain Summit Sydney

What is a bitcoin?
Bitcoin is decentralised, which means that no single authority or institution holds or controls the bitcoins.
Regular currency is controlled by one governing authority such as a central bank. If the country requires more money it can print more money but that devalues the currency and leads to inflation.
Bitcoins can be transferred electronically and practically instantly and have historically had low transaction fees, though this is something that has recently changed.

How are bitcoins created?
Only 21 million bitcoins can ever be created in order to protect the value of the bitcoin system. Bitcoins can be ‘mined’, which is the process of actually creating bitcoins, or they can be bought using regular currency.
Bitcoins can be mined using computer software and a mathematical formula designed by the Bitcoin founder Satoshi Nakamoto.
Satoshi Nakamoto is anonymous and could be one person or a group of software developers.
Some people have claimed to be the Bitcoin founder but to date, the Bitcoin inventor’s identity remains anonymous.
Bitcoins are created digitally by a community of people that anyone can join.
Each machine that mines bitcoins makes up part of the network and each machine works together.
Bitcoins are made or ‘mined’ by computer power on the bitcoin network. Miners use the computer software to follow the mathematical formula to produce bitcoins.
The mathematical formula is freely available for anyone to check and the software used is open source, meaning anyone can check it.
Bitcoins are not based on gold or federal reserves but on mathematics.
Bitcoins are created as a reward for mining, they can be exchanged for other currencies, products or services.
They are used to purchase goods or services on the digital black market.

Blockchain Melbourne

How do bitcoins work?
There are certain rules governing the creation of bitcoins; miners cannot just keep producing bitcoins as they please.
Because only 21 million bitcoins can ever be produced by miners, the value of the system is preserved and the value of the bitcoins fluctuates wildly, depending on supply and demand. the bitcoins can then be divided into smaller parts.
Bitcoins can then be divided into smaller parts – you do not have to buy an entire bitcoin.
The smallest divisible bitcoin amount is one hundred millionth and is called a Satoshi after the founder of bitcoin.
Bitcoin transactions are sent to and from Bitcoin wallets, which is where your bitcoins are stored electronically.
Bitcoin transactions are completely transparent, any bitcoin transaction can be traced back to the point where the bitcoins were produced.
However bitcoin is completely anonymous as bitcoin addresses are not linked to names, addresses or other personally identifying information and any one user can hold multiple bitcoin addresses.
Anyone can see how many bitcoins are held at a certain address but they don’t know who the address belongs to.
Once you have made a transaction using bitcoins there is no way to get them back unless the recipient returns them.

How can you use bitcoins?

You can start trading with bitcoins by buying bitcoins using your credit card.
Then once you have acquired some bitcoins you need to get yourself a bitcoin wallet to store it.
You need a special key to make transactions to other bitcoin users.
Blockchain Mumbai

How much is a bitcoin worth?
Much to economists’ confusion, bitcoins are traded and used as a form of currency.
For a form of currency to be successful it must be both a store of value and a medium of exchange.
Many users of Bitcoin will rave about how effective Bitcoin is as a medium of exchange.
Traditional currency is backed by reserves assets or unconsumed goods. In the past currency was backed by gold.
However, there is no consensus as to what exactly gives bitcoins its intrinsic value. Some say it’s the maths and technology behind it. Others say it is the effort of the miners to make the bitcoins.
Investing in bitcoin is a gamble just like investing in any over-inflated industry, good or service.
One Bitcoin is currently worth £3337.98 ($4309.30/€3612), but this figure fluctuates a lot and bitcoin has almost doubled in value since July.
As it stands, if you invested $2,000 into bitcoin five years ago you could be a millionaire today.

Up coming conferences


Micrologic leverages automation for growth

28 Aug

upcoming conferences on IT

The smart-technology driven Industry 4.0, which enables connectivity of machines, devices, and people anytime, anywhere and at any place, is today fast becoming a mantra for the manufacturing world. The Bangalore-based Micrologic Integrated Systems designs, develops, manufactures, validates and delivers comprehensive, end-to-end solutions in automating the manufacturing processes in assembly, inspection, test, and packaging.
Jayaram M S, director of Micrologic Integrated Systems, believes that his passion for electronics has made him an entrepreneur, which is what led him to found the company in his residential premises 15 years ago. Today, the company supplies highly electronic and automated assembly lines to the automotive industry which helps them to productionise faster and develop superior products. Micrologic helps manufacturing companies to become future ready by way of adopting automation to produce higher quality products with faster turnaround time.
“I was passionate about electronics as a child. While working for Tata Power, I got to know about business processes and was instrumental in implementing ISO 9000 at the company. This offered me a real insight in the business,” says Jayaram who, along with his team, has grown the firm into a promising automation enterprise over the past decade.

Jayaram, a first-generation entrepreneur, learned the art of doing business along the way, initially starting with embedded product development in early 2000. The company ventured into automation in 2006 by doing PLC base equipment and first developed a vision-based inspection system for instrument clusters for the automotive industry. As a first project, the company built an instrument cluster line for Continental in India for two-wheeler instrument clusters. Earlier, this line used to be imported from Germany but Micrologic help provide the company an import substitute.
This was followed by an automated line for Hyundai Motor India for its i20 hatchback in Chennai, which was producing 180 different variants, handling complex operations. It also supplied an instrument cluster line for Ford’s Tier 1 supplier for the Figo. Micrologic has worked with key automotive clients and its automated assembly lines are currently running at Mahindra Electric, TVS Motor, Hyundai Motor India, Continental India, Magneti Marelli, Visteon India, Varroc Group, Faurecia, John Control and Bosch.

About a decade ago, the electronics content in passenger cars and two-wheelers was minimal but today it has rapidly increased. Also, due to higher emission norms, ECUs are coming into vehicle engines thereby increasing their complexity. At the same time, OEMs are keen on rolling out zero-defect products and it is here that Micrologic helps companies with automated assembly lines to achieve this quality goal.
Understanding its customers need for speed, precision, and flexibility, Micrologic designs, develops, manufactures, validates and delivers comprehensive, end-to-end solutions in automating the manufacturing processes in assembly, inspection, test and packaging. The company approaches every project with a pre-automation consultancy approach, where the requirement is first defined. Its capabilities of system design, mechanical engineering, electronics, embedded engineering, robotics, machine vision, software development, PLC integration, part manufacturing, assembly, integration, test and validation under one roof helps it deliver complete solutions to its customers.
test Automation

Conferences in India and outside of India

Continuous assembly line; iSight vision inspection.

“We do mechanical engineering with 3D modeling, build parts ourselves with our own manufacturing system unit, then do electronic and electrical engineering, design and complete integration of the entire system in one unit and build the complete software that goes in this system,” says Jayaram.
The highlight of these machines is that they are Industry 4.0 enabling, which means they acquire data about whatever they do and send it to the Cloud. This data can be used for analysing productivity, quality, rejection and production outcome, among other things. These machines assemble and inspect parts at each stage and track a particular part by integrating the stores with the manufacturing line. The operator can easily view the entire activity underway, thanks to software call visual factory running in the background. The company designs, develops the software and hardware of the entire line, and sells the completely built assembly-line.
When queried about how the company attained its critical skills for building these complex and automated machines, Jayaram says, “In 2007, we had our team trained in Germany to understand the technologies and concepts of manufacturing, which gave us a lot of exposure. After that, we continue to learn with each project. This has helped us further leverage our capabilities.”
The learnings from the European experience applied in India proved to be instrumental in bagging business from Tier 1 European suppliers in India.
Until a few years ago, most assembly lines were run by people but there are certain applications and processes where machine intervention is necessary due to the sheer scale and complexity involved, which is where automation comes into play. “An electronic part has about 200 parameters at a complete assembly and this is not physically possible to simulate and test. Our machines create vehicle conditions and simulate the vehicle part. Every product comes out of the line in just 20 seconds, completely tested and traced back to its parameters,” says Jayaram.
By manufacturing critical automated assembly lines locally, Micrologic is providing import substitutes and saving foreign exhchange. It also offers high-quality local service support, which is critical for these systems as they produce thousands of parts per hour and simply cannot afford to break down. Micrologic machines have in-built intelligence, offering an alert before any possible maintenance issue props up.
Although the company caters to all automotive segments, it foresees demand coming its way from electric vehicles for its battery assembly, battery testing and battery management systems.
“We have deployed an EV testing system at Mahindra Electric where the vehicle is connected to our system, which is measuring all the voltages through the engine control units. Going forward, battery management is where we will be working closely,” says Jayaram. He believes battery technology is improving rapidly. Battery pack assembly is quite complex and automation is necessary; if a raw battery pack is installed in an EV, it could possibly lead to a safety issue. Thus, the company foresees greater prospects in this area. It is also working on building its own EV charger.
Two years ago, due to capacity constraints, the company moved to a bigger location but even this proved to be insufficient to meet demand. Two months ago, Micrologic has once again moved, this time into an even bigger facility.
The automotive sector contributes nearly 80 percent of Micrologic’s total revenue and has been growing consistently. The near-term focus is to grow the Indian business even as it diversifies into other industries. While it has not yet commenced exports, it is is exploring opportunities. The immediate focus is on building capabilities in India and training people with the right skills.
“We are excited about the future with Industry 4.0 – it’s all about software and electronics. EVs are also looking promising for us. Next-gen vehicles will not only be electric but intelligent, which offers us a brighter future,” says Jayaram, brimming with confidence.
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DevOps Summit Pune

23 Aug

DevOps Summit


The term “DevOps” typically refers to the emerging professional movement that advocates a collaborative working relationship between Development and IT Operations, resulting in the fast flow of planned work achieving the value stream that is between the business (where requirements are defined) and the customer (where value is delivered). It is a new way of looking at development altogether.

This conference “DevOps Summit” brings together leading practitioner-organisations who have achieved Continuous Delivery and organisational transformation. Companies going through Mergers and Acquisitions will inherit these systems too and be faced with similar situations and need to find out the many initiatives that increase the efficiency and agility within the enterprise and balance system uptime and stability while bringing alignment between Dev and Ops.

Learn more about DevOps skills, Delivering Processes, Tools for building and deployment, Legacy Challenges, Security Integration, Cross-team engagement and many more.

Pune DevOps Conference

InfoZen enables pre-deployment patching for DevOps coding

DevOps, a combination of the words ‘development’ and ‘operations’, has come to mean a lot of different things. It can describe a movement, a cultural shift, or any new practice that emphasizes the role of collaboration and communication between software developers and other IT professionals, such as the system administrators who will be overseeing the operations and security of the programs that developers create. In general, DevOps also includes automation as part of its deployment to help speed things along.

It was not surprising that DevOps scanning tools made Gartner’s list of hot cybersecurity product groups, because as DevOps continues to evolve, it has taken on a greater role in terms of security. Within cybersecurity, deploying DevOps generally involves fixing errors and vulnerabilities in a program’s code while it is still being written.

Writing code using a DevOps process is different. Following those wise old sayings like “measure twice, cut once,” or “a stitch in time saves nine,” writing code using DevOps means finding and fixing errors as the program is being created — long before the deployment phase. In an ideal world, the final code delivered to IT teams for deployment is, thus, free from errors or vulnerabilities.

But achieving that level of success, where the final code is both secure and error-free, is not an easy thing to achieve. While various tools exist to handle various parts of the DevOps chain, it normally requires an experienced integrator to link them together, add automation, and keep everything running smoothly over time. For this review, InfoZen was brought in to create a fully-end-to-end DevOps scanning solution using their InfoZen Cloud and DevOps Practice service. The company is currently offering the same type of services for several federal agencies.

Benefits of sponsorship

This is a great opportunity to strategically brand your organization. As a sponsor, you will receive a tremendous amount of visibility and numerous other benefits at the conference.

Sponsorship Levels

Platinum Sponsor (Limited to 2)

Gold Sponsor (Limited to 3)

Knowledge Partner (Limited to 1)

Silver Sponsor (Limited to 4)

Bronze Sponsor (Limited to 4)

Conference Bag Sponsor (Limited to 1)

Track Sponsor (Limited to 2)

A-La-Carte (Open)
DevOps conference, Devops Event


World Blockchain Summit Bangalore

23 Aug

Blockchain conference

World Blockchain conference
National banks and regulators, exchanges and investment banks across the world are taking seriously the financial innovation of distributed ledger or block chain technology. The block chain, aka Trust Machine underpins “crypto currencies” such as Bitcoin; but it goes beyond digital money. It provides a shared, trusted, public ledger that everyone can inspect, but no single user controls. It is at the cusp of revolutionising international money transfers, trade finance, syndicated lending and collateral management, among other applications. As it allows for almost instantaneous payments and settlement, the potential impact on the role of traders, quants and other financial technologists cannot be underestimated.

This conference brings together Block Chain technologists in the finance sector, regulators, industry commentators, computer science researchers and others involved in financial innovation; these experts explore some of the technology and the many applications of Block chain in Financial Services.

Our New Place to Find the Latest Bitcoin and Blockchain News

Blockchain Summit, Bitcoin conference

New concepts in technology are difficult, and it doesn’t help when their adherents are smug about the thing they know about and you don’t.

That’s how “blockchain” has felt to me. It’s a conceptually complicated, technically touchy topic that keeps popping up, making those on the outs feel dumb.
I’m here today not so much to explain blockchain to you as to offer two ways of increasingly your fluency in this increasingly important trend. The first is a new cover story by Fortune’s Robert Hackett, called “Why Big Business Is Racing to Build Blockchains.” In it you’ll find some very good de-mystifying prose that will help you understand why a certain segment of the finance and technology worlds won’t shut up about blockchain.
You may have heard a blockchain described as an electronic “ledger,” and that’s because it is a new way of keeping track of digital assets—and not just currencies like Bitcoin. Before now, an asset typically required some entity to sit between buyers and sellers to validate its value. A central bank or a stock exchange played this role. As Hackett writes in his article, “a blockchain can get rivals to cooperate in creating a common record that is accessible to everyone and controlled by no one.”

Descriptions like that make me start to understand this thing. What’s more, Hackett paints a compelling picture of well-established financial mechanisms that could be made more efficient by blockchains. “Trade finance, security clearance and settlements, cross-border payments, and insurance are all areas that could be overhauled and made more seamless,” he writes.

This is a very good start. The better news here is that Fortune isn’t confining its Blockchain aspirations to its magazine. Starting today, Hackett is part of a three-person editorial curation team that includes Jen Wieczner and Jeff John Roberts that will oversee all Fortune coverage of Blockchain developments as well as broader fintech issues. It is called, appropriately, The Ledger, and its founders expect it to be an authoritative record of all Blockchain news.
Benefits of sponsorship

This is a great opportunity to strategically brand your organization. As a sponsor, you will receive a tremendous amount of visibility and numerous other benefits at the conference.


Sponsorship Levels

Platinum Sponsor (Limited to 2)

Gold Sponsor (Limited to 3)

Knowledge Partner (Limited to 1)

Silver Sponsor (Limited to 4)

Bronze Sponsor (Limited to 4)

Conference Bag Sponsor (Limited to 1)

Track Sponsor (Limited to 2)

A-La-Carte (Open)

Price for one day : Rs 30,000

Price for two days : Rs 55,000

You can also choose to strategically brand your organisation as per the below combo offer.

Package includes:

Full day attendance to the event

Website branding

Logo on brochure

Speaking Slot – 30 minute presentation slot or panel discussion (optional)

Name tag branding

Brochure inserts


Data Visualization Summit 2017

17 Aug

What is Data Visualization ?
Data visualization is a general term that describes any effort to help people understand the significance of data by placing it in a visual context. Patterns, trends and correlations that might go undetected in text-based data can be exposed and recognized easier with data visualization software.

Why Data Visualization ?
A primary goal of data visualization is to communicate information clearly and efficiently via statistical graphics, plots and information graphics. Numerical data may be encoded using dots, lines, or bars, to visually communicate a quantitative message. Effective visualization helps users analyze and reason about data and evidence. It makes complex data more accessible, understandable and usable. Users may have particular analytical tasks, such as making comparisons or understanding causality, and the design principle of the graphic (i.e., showing comparisons or showing causality) follows the task. Tables are generally used where users will look up a specific measurement, while charts of various types are used to show patterns or relationships in the data for one or more variables.

Data visualization is both an art and a science. It is viewed as a branch of descriptive statistics by some, but also as a grounded theory development tool by others. The rate at which data is generated has increased. Data created by internet activity and an expanding number of sensors in the environment, such as satellites, are referred to as “Big Data”. Processing, analyzing and communicating this data present a variety of ethical and analytical challenges for data visualization. The field of data science and practitioners called data scientists have emerged to help address this challenge.

Because of the way the human brain processes information, using charts or graphs to visualize large amounts of complex data is easier than poring over spreadsheets or reports. Data visualization is a quick, easy way to convey concepts in a universal manner – and you can experiment with different scenarios by making slight adjustments.

Data visualization can also:
– Identify areas that need attention or improvement.
– Clarify which factors influence customer behavior.
– Help you understand which products to place where.
– Predict sales volumes.

Unicom Shall be Organising 1 day Event on Data Visualization on September 01st in Mumbai. This event is desgined after lot of research, advise from industry experts and voice of customer.

This event will bring together industry professionals and thought leaders from the field of Data Visualization. It will help you in understanding and implementing data visualization in your business/for your client . It will also provide an excellent opportunity to interact and network with some of the top minds.

Registration link

Benefits of sponsorship

This is a great opportunity to strategically brand your organization. As a sponsor, you will receive a tremendous amount of visibility and numerous other benefits at the conference.

Sponsorship Levels

Platinum Sponsor (Limited to 2)

Gold Sponsor (Limited to 3)

Knowledge Partner (Limited to 1)

Silver Sponsor (Limited to 4)

Bronze Sponsor (Limited to 4)

Conference Bag Sponsor (Limited to 1)

Track Sponsor (Limited to 2)

A-La-Carte (Open)

Standard Price : Rs 30,000

You can also choose to strategically brand your organisation as per the below combo offer.

Package includes:

Full day attendance to the event

Website branding

Logo on brochure

Speaking Slot – 30 minute presentation slot or panel discussion (optional)

Lanyard branding

Brochure inserts
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How Blockchain makes the online content economy fair and transparent

11 Aug

IT Conferences in India
blockchain Details
Online publishing and advertising is a very profitable market. Yet not everyone is profiting equally from it. Content hosting services, social media giants and advertising intermediaries are raking in huge sums of the revenue. Meanwhile the users who create, curate and share the content take away little or nothing from the value they help create, effectively becoming cogs in the wheel of tech giants.

Hopefully, blockchain, the technology that powers digital currencies, provides an alternative to the centralized ad and content delivery model. Blockchain, which rose to fame with the advent of Bitcoin, is a distributed ledger controlled by no single gatekeeper. It provides a platform to perform secure transactions without the need for brokers and middlemen. In recent years, blockchain has expanded its reach from monetary exchange to other fields where parties want to trade assets of value.

In the online content and digital advertising industry, blockchain can help level the playing field and create platforms where everyone gets compensated fairly for their contribution to the economy.

Blockchain-based digital advertising

blockchain Summit
Over the years, digital advertising has transformed into an inefficient marketplace that’s causing a lot of harm. Advertisers pay huge sums to intermediaries to reach their audience while publishers get meager portions of the ad revenue. And users’ share of the economy is annoying ads, slower page loads and tons of privacy-invading tracking code.

Blockchain creates an entirely new way to serve ads and reward publishers without the need for opaque intermediaries. One of the most notable projects in this regard is Brave, a browser developed by the namesake company cofounded by Brendan Eich, the inventor of JavaScript and cofounder the Mozilla project.

Brave natively blocks ads and trackers when you browse the web. In exchange users can opt-in to turn on ads, in which case both viewer and publisher get awarded Basic Attention Tokens (BATs), the company’s proprietary digital currency which exists on top of the Ethereum blockchain. Users can also choose to send BATs to the creators of their favorite content. Brave comes integrated with a BAT wallet. The browser uses local algorithms to assess user attention and optimize ads while preventing fraud and avoiding privacy invasions.

The system uses anonymization methods to protect user identities while providing advertisers with a verifiable audit trail on the blockchain. The main hurdle for Brave’s method of advertising and monetizing content is to get publishers and advertisers to adopt the model.

Rewarding content creators and curators
Software Events

Everyday, the internet generates millions of dollars worth of curated, shared and consumed content. However, centralized content hosting and distribution platforms reap most of the rewards. The people who are distributing the content have no say over how the dividends are distributed.

This is something that blockchain and a decentralized attention economy can change. Blockchain startup Synereo is aiming to remedy this situation with WildSpark, a new application it launched on August 10, which empowers consumers and curators directly to support content creators and be rewarded for their efforts as well.

WildSpark, which installs as a browser plugin, lets you send AMPs, Synereo’s cryptocurrency, to directly reward content creators when consuming their content—say a YouTube video. Afterwards, WildSpark generates a unique link that you can use to share the supported content with your followers on social media or embed it in your own blog or website, or send it through email

If other users view the content through your shared link and they too decide to send AMPs to the content creator, you will receive a percentage of the reward as the curator of the content. Every transaction is stored on the blockchain, which provides full transparency into the revenue that is channeled to each creator and curator.

The concept can enable users who have put hard efforts into creating large social media and and web followings to reward the creators of their favorite content and monetize their own platforms.

Supported by the blockchain, the decentralized attention economy makes sure everyone gets rewarded for their efforts in providing quality content.

Software Conferences In India


The Internet of Things

09 Aug

could be the light at the end of the tunnel for Indian IT

internet of things

IOT, Internet of things Summit

India’s $150 billion information technology (IT) industry is in a state of turmoil, but there is one bright spot: the Internet of Things (IoT).

Employees at the country’s billion-dollar behemoths are quickly re-skilling themselves to work with the new-age technology needed to add sensors to machines so that they can be monitored and controlled over the internet. As a result, India’s technology firms are doing IoT-related business worth $1.52 billion, accounting for 44% of the $3.5 billion global IoT technology services outsourcing market in 2017, according to a report by Bengaluru-based research, consulting, and advisory firm Zinnov, released on Aug. 07. The largest share—43%—of India’s IoT-services activity is dedicated to product engineering.

India-based legacy companies like Tata Consultancy Services (TCS), HCL, Wipro, Infosys, and Tech Mahindra are listed among the “established” and “expansive” market leaders in the IoT space. And other local companies, like L&T Technologies, TATA Elxsi, Persistent Systems, L&T Infotech, and Happiest Minds, have moved significantly over the past year in rankings among Indian providers, Sidhant Rastogi, partner at Zinnov, told the Business Standard newspaper.

Summits,Conferences In India

India-based legacy companies like Tata Consultancy Services (TCS), HCL, Wipro, Infosys, and Tech Mahindra are listed among the “established” and “expansive” market leaders in the IoT space. And other local companies, like L&T Technologies, TATA Elxsi, Persistent Systems, L&T Infotech, and Happiest Minds, have moved significantly over the past year in rankings among Indian providers, Sidhant Rastogi, partner at Zinnov, told the Business Standard newspaper.
All of these players are set to gain as the global IoT technology products and services spend is expected to climb up significantly from around $140 billion in 2017 to $322 billion by 2022.

But while IoT technology is expected to create 25,000 jobs by 2021, far more jobs—94,000 of them—will be eliminated at the same time, Zinnov estimated last year, compounding the problem of layoffs related to automation. That means that going forward, Indian companies will not only need to diversify in the kind of technology services they offer, but also look beyond the IT industry for work. For instance, Tech Mahindra’s chief executive, C P Gurnani, noted the need for his company to build offerings in healthcare, manufacturing, retail and managed services, and other such areas as well.


FinTech Summit Mumbai 2017

08 Aug

Conference, Summit
Global investments in Fintech more than tripled in 2014, reaching more than $12 billion. In comparison, banks spent an estimated $215 billion on IT worldwide in 2014, including hardware, software, and internal and external services.

Payment space:- This has been most challenged by tech-driven new entrants. Mobile Internet and smartphone penetration have been a game changer in consumer and SME finance and payments.

Marketplace lending or P2P lending:- It offers online platforms to match borrowers and lenders with the aim of lowering the borrowing cost for borrowers and increasing returns for lenders. Marketplace lending has been around for over a decade but has only seen a take-off in growth over the last few years.

Fintech summit will address advances in

1. Payments
2. Marketplace lending or P2P lending
3. Cyber Security in financial transactions and data
4. Next Gen Banking using
4.1 Blockchain
4.2 Personalised & Structured Platforms
4.3 Government’s vision to go less cash
4.4 More Phone Less Card
5. Digital technologies for Rural
Fintech Mumbai

What is ‘Fintech’
Fintech is a portmanteau of financial technology that describes an emerging financial services sector in the 21st century. Originally, the term applied to technology applied to the back-end of established consumer and trade financial institutions. Since the end of the first decade of the 21st century, the term has expanded to include any technological innovation in the financial sector, including innovations in financial literacy and education, retail banking, investment and even crypto-currencies like bitcoin.

The term financial technology can apply to any innovation in how people transact business, from the invention of money to double-entry bookkeeping. Since the internet revolution and the mobile internet revolution, however, financial technology has grown explosively, and fintech, which originally referred to computer technology applied to the back office of banks or trading firms, now describes a broad variety of technological interventions into personal and commercial finance.
Fintech Summit (Conference)

New Tech in Fintech
In the olden days, individuals and institutions used the invisible hand of the market – represented by the signaling function of price – to make financial decisions. New technologies, like machine learning, predictive behavioral analytics and data-driven marketing, will take the guess work and hocus-pocus out of financial decisions. “Learning” apps will not only learn the habits of users, often hidden to themselves, but will engage users in learning games to make their automatic, unconscious spending and saving decisions better. On the back end, improved data analytics will help institutional clients further refine their investment decisions and open new opportunities for financial innovation.

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Posted in Fintech


Artificial Intelligence Brings Changes To Hiring And Negotiation

04 Aug

aritificial intelligence
Artificial intelligence is bringing changes to all aspects of the hiring process. Could it ever replace negotiation?

At Innovation Congress, a recent conference about staying competitive amidst rapidly changing technology, speakers discussed how companies are using AI to screen candidates.

Estée Lauder is using new video technologies to “open up the funnel of candidates and leverage technology to screen them, so that human interaction happens at the right time,” said Michael Bowes, vice president of global talent, who spoke on a panel discussion about the future of work and talent. “This way, all the stuff that can be done by machines is done, and you can focus.”

Bowes said Estée Lauder uses characteristics like tonality and word choice in screenings as part of the hiring process for beauty advisors, the customer service and sales representatives who work at beauty counters. They will hire 30,000 beauty advisors alone next year.

At this volume, it’s easy to see why a company would want to use AI to narrow the field. But some panelists expressed misgivings. It’s not hard to imagine candidates trying to game the system. One concern is whether AI would help or hinder diverse candidates who often face hiring and negotiation challenges. Do human biases extend to our artificial counterparts?

As Leslie Bradshaw, fellow panelist, entrepreneur at Bionic Solution (and Forbes contributor), put it, “someone had to program that algorithm.”

Bradshaw said that the breaks she got early in her career came from connections, not credentials, and that she wouldn’t want to work at a place where screeners replaced humans.
Some companies are embracing technology solutions that are specifically designed to help reduce unconscious bias in the hiring process. One company, Blendoor, designed software to present candidates to companies without their name, age, photo or university information.

But could companies ever delegate negotiation to a computer? Would they?

“Human interaction will never be replaced,” said Stephan Theringer, a panelist and founder of the Human Innovation Garage. “That piece about how someone fits to culture will never be replaced by AI.”

Enter Cindy Gallop.

Gallop, who gave the conference’s closing keynote, is the English advertising consultant known for her widely-viewed TED Talk, “Make love, not porn.”

She knows a thing or two about negotiation. On Equal Pay Day this year, Gallop partnered with advertising agency R/GA, PayScale and The Muse to launch CindyBot, a Facebook Messenger chatbot to help women ask for a raise.

“It’s like having me in your pocket,” Gallop said.

The bot gives users a pep talk on why they should ask for more and tips on what to ask for, all in Gallop’s signature colorful language.
I had the opportunity to ask Gallop myself whether she thought one-on-one negotiation would soon be replaced with a technology solution, and whether that would even be a good thing.

She told me that technology has already changed things significantly by giving job seekers access to more information through websites like PayScale. Having access to that information is a good thing, and it gives candidates more knowledge and grounds to ask for higher salaries.

But ultimately, she agreed: AI could never replace the human interaction elements of negotiation.
Conferences, Summit