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Is Neoteric Shutting Down Its IT Distribution Business? Neoteric Infomatique, one of the prominent IT distribution companies in India has allegedly decided to terminate its IT hardware distribution business. According to the sources familiar with the development, shrinking profit margins and huge losses on stock inventory are the major reasons behind the decision to cease the distribution business. Read More Can Pokemon Go Help Corporate Build Great Teams? Business leaders are taking cues from video games (and other virtual games) to build a great team that is essential to an organization’s...

Ambrane India, an IT brands in computer peripherals, Mobile Accessories and has roped in India’s boxing fame, bronze medalist Vijender Singh as it new brand ambassador. Ambrane India concluded its search for a fitting face with Vijender, who not only is the extension of the brands imagery but also exemplifies the same dynamism and energy as attached with the brand. The Olympic Games bronze-medalist, Vijender currently fights for the WBO Asia Pacific Super Middleweight Championship which begins on 16th July 2016, his maiden fight as a professional boxer in his...

The Commerce Ministry has launched an e-marketplace for online purchase of goods and services by various central government ministries and departments. The move is aimed at bringing in more transparency and streamlining the government procurement of goods and services. The Directorate General of Supplies and Disposals (DGS&D) has developed the portal for the purpose. The department, which is under the Commerce Ministry, carries out the procurement. “To bring in transparency, the DGS&D has worked on it very hard. The Department of Electronics and IT has also played a very big...

A latest study by Indian-origin researchers have found vulnerabilities in 3D printers by examining two aspects — printing orientation and insertion of fine defects. The researchers found that since Computer-Aided Drafting (CAD) files used in the creation, modification, analysis, or optimization of a design do not give instructions for printer head orientation, malefactors could alter the process without detection. Also, sub-millimetre defects that can appear between printed layers with exposure to fatigue and the elements were found to be undetectable by common industrial monitoring techniques, the researchers said. The finding, along with...

Worldwide security software revenue totaled $22.1 billion in 2015, a 3.7 percent increase in from 2014, according to Gartner. Security information and event management (SIEM) remained the fastest-growing segment in 2015, with 15.8 percent growth, while consumer security software showed the sharpest decline at 5.9 percent year on year. In 2015, the top five vendors together accounted for 37.6 percent of the security software revenue market share, down 3.1 percentage points from 2014. These vendors also displayed a collective decline of 4.2 percent in 2015, while the rest of the market (Others)...

AT&T is launching transformative solutions that lets businesses easily and flexibly manage their network services. With AT&T Network Functions on Demand, businesses can deploy a single universal piece of equipment, choose virtualized functions and set them up in different countries. It helps save costs, it’s quick to set up and easy to manage. Businesses will benefit from the consistent, integrated management experience – in locations around the globe. AT&T Network Functions on Demand simplifies the process of buying and adding network functions. It reduces hardware requirements so businesses can create...

India’s only global Financial and IT hub, Gujarat International Finance Tec-City (GIFT City), is attracting interest from domestic and global IT & ITeS companies to set up operations there. More than 500 employees are working in some of the leading institutions that have already begun operations in GIFT domestic zone as well as in GIFT’s Special Economic Zone (SEZ) area. The companies functioning out of GIFT City include MNC players like Oracle; Maxim Integrated, a US$ 2 billion plus US-based integrated solutions company and Befree, a leading book-keeping company from...

Brightstar Corporation has appointed Deval Parikh as the CEO and Director of Beetel Teletech Limited, a Brightstar Company, effective immediately. Parikh will lead all Beetel business lines to include the growth of handset and accessories services, sales and distribution presence, as well as the fixed line telephone, enterprise solutions and IT peripheral functions. Parikh has more than two decades of experience in the telecommunications and technology domains in both Silicon Valley (U.S.) and India, with a focus on marketing, product management, engineering, supply chain and sales. He joins Brightstar from...

Neoteric Infomatique, one of the prominent IT distribution companies in India that has been in business for the past 25 years, has confirmed its exit from the IT distribution business. It is speculated that by the end of July, it will close down its IT distribution operations across the country. However, the company said in a statement, it ensures a safe future for its employees. “We are trying to ensure almost all Neotericians are well-placed and reviews are being conducted on a weekly basis to achieve this goal. Actions such...

Bharti Airtel (“Airtel”), India’s largest telecommunications services provider, today announced the launch of Happy Hours for its prepaid customers. An industry first innovation, Happy Hours allows Airtel pre-paid customers to get 50 per cent data back for all in-app content downloads scheduled between 3.00 am and 5.00 am. E.g. If a customer schedules a video download of 100 MB then 50 MB will be credited back to his/her account. Any App developer can integrate with Airtel Happy Hours in four simple steps and give their users the option to automatically...