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India’s internet user base will touch 730 million by 2020, the latest report by Nasscom and Akamai Technologies has revealed. According to ‘The Future of Internet in India’ report, India, whose Internet user base is second largest after China, will remain the fastest growing market. Globally, the number of Internet users is expected to touch 4170 million by 2020. The growth of the Internet has successfully created a strong ecosystem for new businesses to tap into growing markets and create solutions to address their demands. Speaking at the launch, R...

Astrum Holdings, an IT periphery company, has revamped its brand by adding newer product segments giving wider basket of offerings to its partners and customers. The new additions to the Astrum range of products are Mobile accessories, Smart lifestyle products, IT Peripherals, cables for IT, Audio, Video, Mobile segment and LED lights. According to the company this brand revamping represents its future direction and celebrates its journey of the last four years in IT peripherals segment. “It’s been a fantastic journey, started off as just a peripherals company and revamping...

HostGator India has announced its support for ‘Make In India’ with the launch of ‘Host In India,’ an initiative for Indian businesses. Indian brands that are looking to establish their online presence can enhance their overall marketability through deploying Indian web hosting services powered by geo-based hosting from GPX- India’s leading tier IV datacentre for faster website loading time and 99.99 percent uptime guarantee. Through this initiative, HostGator India aims to drive adoption of local hosting solutions amongst web designers, developers, bloggers, startups, enterprise businesses, application hosts and ecommerce sites...

Firewall solution providers, Cisco and Fortinet have issued security advisories confirming that vulnerabilities exposed by the mysterious Shadow Brokers do exist and affect their products. Both companies have issued fixes addressing the exploits that were recently made public. According to the report published in ZD Net, a group calling itself the Shadow Brokers, claims to have stolen a set of hacking tools from a group dubbed the Equation Group, which researchers believe is an elite unit of the US intelligence agency. The Shadow Brokers described the tools as “cyber weapons” used...

Chinese E Commerce giant Alibaba is reportedly planning to acquire online marketplace ShopClues.com. The move is considered to be an attempt to overtake the established OLS players in the country such as Amazon and Flipkart. According to the TOIreport, Alibaba wants to merge the marketplace of Paytm, in which it has a stake, with the much bigger rival ShopClues. According to the report, the Gurgaon-based ShopClues numbers GIC of Singapore, Tiger Global, Nexus Venture Partners and Helion among its investors and has raised about $250 million till date. ShopClues is positioned...

Nihilent Technologies, a Pune based consulting and IT services solutions integrations company, announced the acquisition of ICRA Techno Analytics Ltd (ICTEAS) –) for USD 10 million to continue its expansion strategy. ICTEAS is a wholly owned subsidiary of the credit rating agency ICRA, a Moody’s investors service company. An agreement has been reached between the companies wherein Nihilent will acquire full ownership of ICTEAS. Read Also:Emerson Announces ‘Rain Gain’ Program For Partners ICTEAS is headquartered in Kolkata, with offices in California and Connecticut in the US, and has expertise in...

Global sales of smartphones to end users totaled 344 million units in the second quarter of 2016, a 4.3 per cent increase over the same period in 2015, according to Gartner, Inc. Overall sales of mobile phones contracted by 0.5 per cent with only five vendors from the top 10 showing growth. Among them were four Chinese manufacturers (Huawei, Oppo, Xiaomi and BBK Communication Equipment) and South Korea’s Samsung. “Demand for premium smartphones slowed in the second quarter of 2016 as consumers wait for new hardware launches in the second...

Philips, a visually stunning and technologically advanced digital signage solutions (DSS) provider, today inked National Distribution deal with Creative Peripherals (CPDPL). CPDPL will be exclusively distributing Philips DSS in India. “With Creative peripherals as our distributor, we will increase our presence in the IT channel as well as in retail & corporate partners.” said Uday Pratap, Business Head at Philips Signage Display Solutions. He added, “Our goal is to continuously improve our customer experience in every aspect. Expanding our network of sales, personal support and being in proximity to our...

Digital Guardian, a Massachusetts (US) headquartered data protection platform has announced the launch of its operations in Hyderabad. The center here, which is Digital Guardian’s first in India and 7th globally, would be an integral part of the company’s global development centers and would focus on enhancing existing products, it said in a statement. As an extension arm to the core engineering department, the India center would focus on enterprise product development, along with software-security and systems-management innovation. “Overall, the India center will be a driver for revenue while providing a...

Karnataka has emerged as the most preferred investment destination in the country. The state attracted Rs 53,396 crore investments in the IT sector last financial year, a nearly 25 per cent of total Rs 2.2 lakh crore from both public and private sources across the country, says Assocham report. Clocking a Compounded Annual Growth Rate (CAGR) of over 14 per cent, IT investments in Karnataka had grown from Rs 14,337 crore in 2005-06 to Rs 53,396 crore in 2015-16, PTIreport published in ET stated while quoting Assocham sector-specific analysis. Investments attracted...