Nov 3, 2017 - Will foodtech rivals Zomato and Swiggy join hands with a merger?

TradeBriefs Newsletter
View online   Advertise
              from India Software






Sree Vijaykumar
Sree Vijaykumar
From the Editor's Desk
You know you have reached 'peak AI hype' when a billboard in Bangalore from a local software reseller proclaims that they use Artificial Intelligence to solve your problems. Every day, newspapers proclaim how AI is going to take over your job and how machines will soon become smarter than you. Well, this is both true and false! Narrow AI is already present in your life (Siri, Google Search, Maps, etc). The algorithms here are getting smarter as more data is fed into them through our daily use. However, these are single use case applications, hence 'Narrow AI'. Also, they need training data, provided by us humans. We will see more and more of this, and yes, some jobs will disappear. However, as the market expands (due to easier and cheaper availability of AI), new jobs will emerge. Also, we are far far away from a time when machines become smarter than humans in the complete sense (The singularity, as they call it). Having said that, DeepMind (a Google company) has recently trained an algorithm to play against itself and master the Chinese game 'Go'. Here, no training dataset was required!

Introducing TradeBriefs SME - Print edition - Subscribe Now! | Sample copy

Advertisers of the day
Standard Chartered Bank (Personal Loans): Your dream holiday is now closer than ever
On behalf of SAP India: Identify the perfect SAP solution for your business in 3 easy steps

Our advertisers help fund the daily operations of TradeBriefs. We request you to accept our promotional emails (B2B Decision-Makers, B2C Decision-Makers, TradeBriefs Premium).

Cyient Q4 net up 16.2% to Rs 121.5 cr

IT firm Cyient today posted 16.2 per cent rise in net profit at Rs 121.5 crore for the quarter ended on March 31, 2018, compared to the year-ago period. The Hyderabad-based company had posted a net pr

Read More


Today's TradeBriefs Cartoon

TCS Q4 net profit up 4.4% at Rs 6,904 cr

The board recommends a 1:1 bonus share issue

Read More
Cognizant Technology Solutions has completed its acquisition of Bolder Healthcare Solutions

Cognizant Technology Solutions has completed its acquisition of Bolder Healthcare Solutions, a provider of revenue cycle management solutions to hospitals, physician practices and other specialist hea

Read More
In Q4, TCS outperforms Infy across parameters

Mumbai firm bests its Bengaluru rival in revenue, profit growth and attrition rate

Read More
Continental Europe, UK fuel growth for TCS

Our Bureau TCS, which reported a 4.5 per cent growth in its consolidated net profit in Q4, saw certain verticals growing in double digits YoY. Growth was led by the Energy & Utilities vertical, w

Read More
AgriApp: An app for farmers to help them improve crop output

AgriApp allows farmers to explore the latest trends in agriculture, informs them about methodologies involved in selecting and understanding of soil health and specific crops based on the environmental parameters

Read More
SaaS startup Fyle gets funding from Pravega and Beenext

The new funding round also saw participation from Girish Mathrubootham-led Freshworks, also one of Fyle’s enterprise clients

Read More
Indigram Labs Foundation Aims To Incubate 100 Agri-Entrepreneurs In 5 Years!

Indigram Labs is a technology-based incubator having 13 incubatee till date and working to promote startups.

Read More
Amid Cash Crunch, Mobile Wallets Register Significant Drop As Users Shy Away From Full KYC

In a move that will make mobile wallet to mobile wallet transactions a reality, the RBI passed guidelines on interoperability.

Read More
AI And IoT Focussed Tea Retailer Chai Point Raises $20 Mn In Series C Funding

Bengaluru-based tea retailer Chai Point has raised $20 Mn in Series C round of funding led by Paragon Partners.

Read More
Prime Added Maximum Users In India In Its First Year In Amazon’s History: Jeff Bezos

In its latest Annual Shareholder letter, Amazon Inc. founder Jeff Bezos has claimed that its paid subscription service, Prime, added more members in India in its first year than any previous geography in the company’s history.

Read More
Hacked: After 114 Government’s Portals In the Last 12 Months, It’s Now The Supreme Court Website

After Ministry of Defence, Home Affairs, Law, Labour and over 100 other government portals were hacked, the website of Supreme Court of India has today apparently been hacked right after the judgement over Justice Loya’s death came.       

Read More
With Acquisition Of Smartclass, Ebix looks To Invest $100 Mn In Indian Elearning Sector

Post acquisition, Smartclass will be tightly integrated into Ebix’s Education and elearning initiatives in India and is seen as one of the many steps, that Ebix intends to take with an intent to invest up to $100 Mn in the sector.

Read More
Ibibo Group Secures $9.83 Mn Cash Infusion From The Parent Company

Ibibo Group has secured a fund fusion of $9.83 Mn (INR 65 Cr) in March 2018 from its Singapore-based parent company Ibibo Group Holdings (Singapore) Pte. Ltd

Read More
IBM’s Indian AI tech is making a splash globally

IBM has taken artificial intelligence-based technology solutions developed at the India research labs to its global markets.

Read More
Toshiba Software India ropes in Takashi Ishikawa as managing director

Ishikawa will lead Toshiba Software across the company's software solution business in the country.

Read More
Epicor and Index InfoTech extend partnership to India
Epicor Software Corporation, a global provider of industry specific software to promote business growth, announced today the extension of a partnership agreement with Index InfoTech to cover India. The extended partnership combines award-winning service capabilities by Index InfoTech with the global enterprise resource planning (ERP) solution Epicor ERP to support the growth of the manufacturing, distribution and services industries in India.

Read More
Indian IT industry must risk more to stay relevant, says Nasscom's Rishad Premji

At a time when India’s $150 billion IT sector is in the throes of a massive transformation, the sector’s industry body Nasscom has brought in a new leader at its helm: Rishad Premji, th…

Read More
On entrepreneurship, listen to Infosys' Murthy

Infosys Ltd co-founder N.R. Narayana Murthy said India is facing a huge talent crunch, which, in turn, is affecting entrepreneurship

Read More
NASSCOM, TechUK launch UK-India Tech Alliance to mark Modi visit

The NASSCOM and TechUK, the leading technology trade bodies of the two countries, today launched a new UK-India Tech Alliance during Prime Minister Narendra Modi's visit to the UK

Read More
Disruptive innovation in technology can truly transform the country

India’s fast maturing ecosystem and growing aspiration for entrepreneurship hold the promise of pioneering technology development for global relevance

Read More
Oracle steps up its cloud services with AI and ML

The company expects that over the next few years, the major share of demands will be in blockchain, machine learning, chatbots, artificial intelligenc..

Read More
TradeBriefs Publications are read by over 10,00,000 Industry Executives
About Us  |  Advertise Privacy Policy    

You are receiving this mail because of your subscription with TradeBriefs.
Our mailing address is GF 25/39, West Patel Nagar, New Delhi 110008, India