IT Shades
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T-Bytes
Consulting & IT Services
January Edition 2020
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Table of Contents
1. Financial, M & A Updates...................................................................................................................................1
2. Solution Updates.................................................................................................................................................13
3. Rewards and Recognition Updates...................................................................................................................26
4. Customer Success Updates................................................................................................................................49
5. Partnership Ecosystem Updates.......................................................................................................................61
6. Miscellaneous Updates......................................................................................................................................70
7. Events Updates..................................................................................................................................................79
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Financial, M & A Updates
Consulting & IT Services Industry
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Financial, M&A Updates
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Accenture to Acquire Maihiro, Boosting Customer Experience and Experience
Management Capabilities for SAP Solutions
Accenture has entered into an agreement to acquire maihiro, a provider of customer
experience and customer relationship management consulting, optimization and ongoing
enhancement services. The acquisition will help Accenture create solutions for clients that
drive innovation and transformation in marketing, sales and customer service. Founded in
2000 and an SAP® Gold Partner, maihiro is a leading provider of SAP-based customer
experience (CX), customer relationship management (CRM), and commerce services. The
acquisition aims to strengthen Accenture’s world-class SAP capabilities that help
organizations elevate customer experiences beyond expectations. With headquarters in
Munich, maihiro has approximately 160 skilled professionals in offices across Germany and
Austria.As part of Accenture’s strategy to enable clients to gain the most value from SAP
solutions, in May 2019, Accenture and SAP announced that they are co-developing and
co-innovating to accelerate development of the SAP® C/4HANA platform and build
industry-specific solutions that elevate digital customer experiences. In November 2018,
Accenture also acquired U.S.-based Intrigo Systems, a leading provider of advisory and
systems integration services for SAP enterprise and cloud solutions in e-commerce, supply
chain and procurement. In its 2019 fiscal year, Accenture invested nearly US$1.2 billion on
33 acquisitions globally to acquire critical skills and capabilities in strategic, high-growth
areas of the market.
Executive Commentary
“The brands compete in the experience economy. Only those capable of delivering the
most engaging and differentiated experiences will continue to win and retain customers’
loyalty,” said Group chief executive, Accenture Technology Services. “With this
acquisition, we will amplify our experience and knowledge to help clients drive growth
by developing and deploying superior experience management. This will enable clients
to better understand their customers, evolve business processes to align with customer
needs, and enjoy higher customer retention and purchase frequency.”
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Financial, M&A Updates
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Accenture to Acquire Symantec’s Cyber Security Services Business from Broadcom
Accenture has agreed to acquire Symantec’s Cyber Security Services
business from Broadcom, Inc. Financial terms were not disclosed. The
acquisition will make Accenture Security one of the leading providers of
managed security services, further enhancing its ability to help
companies rapidly anticipate, detect and respond to cyber threats.
Symantec’s portfolio of Cyber Security Services includes global threat
monitoring and analysis through a network of security operation centers,
real-time adversary and industry-specific threat intelligence and incident
response services. The six security operations centers are located in the
U.S., the United Kingdom, India, Australia, Singapore and Japan. Its
managed security services business is supported by a proprietary
cloud-based platform that delivers a steady stream of technical and cyber
adversary threat intelligence through a customizable portal.
Executive Commentary
“Cybersecurity has become one of the most critical business
imperatives for all organizations regardless of industry or geographic
location,” said Accenture’s Chief Executive Officer. “With the
addition of Symantec’s Cyber Security Services business, Accenture
Security will offer one of the most comprehensive managed services
for global businesses to detect and manage cybersecurity threats
aimed at their companies.”
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Financial, M&A Updates
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Accenture Completes Acquisition of Clarity Insights
Accenture has announced that it has completed the acquisition of U.S.- based data consultancy Clarity Insights. Accenture had announced its intent to acquire the
company on December 13, 2019. Financial terms of the transaction were not disclosed. Headquartered in Chicago, Clarity Insights brings nearly 350 employees
with deep data science, artificial intelligence (AI) and machine learning (ML) expertise, along with a strong portfolio of accelerators, to Accenture’s Applied
Intelligence business. The addition of Clarity Insights further enhances Accenture’s ability to help enterprise clients scale AI, and bolsters its critical skills and
capabilities in strategic, high-growth areas of the market.Accenture is a leading global professional services company, providing a broad range of services and
solutions in strategy, consulting, digital, technology and operations. Combining unmatched experience and specialized skills across more than 40 industries and
all business functions — underpinned by the world’s largest delivery network — Accenture works at the intersection of business and technology to help clients
improve their performance and create sustainable value for their stakeholders. With 505,000 people serving clients in more than 120 countries, Accenture drives
innovation to improve the way the world works and lives.Applied Intelligence is Accenture’s approach to scaling AI for our clients. We embed AI-powered data,
analytics and automation capabilities into business workflows to accelerate time to value. Our expertise in defining end-to-end strategy, combined with deep data
infrastructure capabilities, cognitive services and industrialized accelerators help smooth clients’ path to AI adoption, extending human capabilities and
supporting clients in scaling AI responsibly. Recognized as a leader by industry analysts, we collaborate with a powerful global alliance, innovation and delivery
network to help clients deploy and scale AI within any market and industry.
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Financial, M&A Updates
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Accenture Invests in and Forms Alliance Relationship with Ideoclick to Provide
Expanded Amazon Marketplace Expertise to Consumer Brands
Accenture has expanded its e-commerce and marketplace services through an
investment in Ideoclick, provider of the industry’s leading e-commerce
optimization platform. The minority investment, made by Accenture Ventures, is
part of a broader strategic alliance that enables Accenture Interactive and
Ideoclick to extend their respective specialty services to clients and feed
collaboration for sharing industry knowledge and best practices for continuous
innovation. Ideoclick’s e-commerce optimization platform combines integrated
expertise and technology, complementing Accenture Interactive’s existing digital
omnichannel e-commerce and marketing solutions and services. This alliance
offers consumer brand manufacturers new levels of service and technology
expertise to improve customer connections and enhance brand success on the
leading marketplace platform. By combining best-in-class proprietary software
with a team of eCommerce experts, the two companies’ joint offering provides a
scalable and sustainable way for brand manufacturers to work effectively.
Executive Commentary
“Working alongside market-leading solutions like Ideoclick’s e-commerce
optimization platform offers brand manufacturers the ability to stay ahead of
the rapid changes in the retail model,” said Global lead for Digital
Marketplace Services, Accenture Interactive. “With the global e-commerce
market expected to be worth $24.4 trillion by 2025, marketplaces are
reinventing retail as we know it. Manufacturers need to seize this opportunity
to connect with customers through this channel via transformative solutions
for performance-based brand experiences and improved conversions.”
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Financial, M&A Updates
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Proposed acquisition of Collins Aerospace’s Military Global Positioning System
business and Raytheon’s Airborne Tactical Radios business
BAE Systems plcannounces that it has entered into a definitive Asset Purchase Agreement to acquire
Collins Aerospace’s Military Global Positioning System business (“GPS business”) for $1.925bn in
cash, subject to customary closing adjustments. As an asset purchase there is an expected tax benefit
of c.$365m. The Company has also entered into a definitive Asset Purchase Agreement to acquire
Raytheon’s Airborne Tactical Radios business (“Radios business”) for $275m in cash, subject to
customary closing adjustments. As an asset purchase there is an expected tax benefit[i] of c.$50m.
Completion of both acquisitions are subject to successful closure of the Raytheon-United
Technologies Corporation (UTC) merger, as well as customary regulatory approvals and conditions.
These two proposed acquisitions represent a unique opportunity to purchase high quality technology
based businesses with market leading capabilities and long histories of pioneering innovation in their
fields. These assets have come to market as part of the regulatory process relating to the merger of
Raytheon and UTC. Both businesses are highly complementary to our US-based Electronic Systems
business and on completion they would be integrated into our Electronic Systems division. Both
businesses have strong growth outlooks driven by close alignment with the priorities outlined in the
US National Defense Strategy, Congressional mandates to upgrade existing capabilities and a
presence on a substantial installed base of products and platforms in the US and with allied nations.
Both transactions would be expected to be immediately earnings and cash accretive.
Executive Commentary
Commenting on announcement, Chief Executive of BAE Systems said:“These proposed
acquisitions present a unique opportunity to add high quality, technology focused businesses to
our Electronic Systems sector. It’s rare that two businesses of this quality, with such strong growth
prospects and close fit to our portfolio, become available. The strategic and financial rationale is
strong and these proposed acquisitions, which are focused on areas of highest priority defence
spending, will further enhance the Group’s opportunity for continued growth in Electronic
Systems. We look forward to welcoming the employees of the two businesses to the Company, as
we work together to help drive our business forward successfully.”
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Financial, M&A Updates
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CGI acquires French retail solutions provider Meti to help drive retailers digital
and omni-channel evolution
CGI announced the completion of the acquisition of Meti Logiciels et Services
(Meti) through one of its European subsidiaries. A France-based company offering
integrated business solutions and consulting services for the retail sector, Meti works
with Europe's largest retailers, providing solutions across thousands of stores,
warehouses and merchant locations for clients in 20 countries. With this merger, CGI
strengthens its capabilities in supporting retailers across their entire value
chain—from supply chain management to in-store commercial operations—and in
driving their digital and omni-channel evolution. The merger further develops CGI's
end-to-end range of services and deepens its expertise in the retail sector.Founded in
1976, CGI is among the largest independent IT and business consulting services
firms in the world. With 77,500 consultants and other professionals across the globe,
CGI delivers an end-to-end portfolio of capabilities, from strategic IT and business
consulting to systems integration, managed IT and business process services and
intellectual property solutions. CGI works with clients through a local relationship
model complemented by a global delivery network that helps clients digitally
transform their organizations and accelerate results.
Executive Commentary
"We are pleased to join forces with Meti in helping retailers position themselves
for the future through end-to-end services and digital technologies that drive
efficiencies, innovation, customer satisfaction and value," said President and
Chief Executive Officer. "Meti's capabilities, solutions and employees enable us
to significantly strengthen our IP portfolio and services for the retail sector, and
we warmly welcome its approximately 300 professionals to the CGI
community."
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Financial, M&A Updates
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Cignex Datamatics and Relevance Lab deal not approved by DGSL shareholders;
revised terms in discussions
Datamatics Global Services Ltd. (DGSL), a global IT & BPM
company, on December 12 2019, had announced to strategically
divest its stake in Cignex Datamatics Inc. to Relevance Lab, a
Singapore headquartered IT Services Company, through a
share-swap arrangement. DGSL has today shared that the deal to
divest stake in one of its subsidiaries, Cignex Datamatics Inc., could
not be completed as shareholders did not approve the proposed
resolution. The parties are reworking on the revised structure and
commercial terms, as a result of which the current Share Purchase
Agreement is likely to undergo a substantial change.Cignex
Datamatics Inc is a US-headquartered IT Services firm offering,
Open Source, Cloud, and Automation services.
Executive Commentary
Speaking on the occasion, CEO, DGSL said; “We are working
together on revised terms, and are confident that it will be
beneficial for our company and its shareholders”.
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Financial, M&A Updates
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LTI USD revenue growth up 8.4% QoQ and 13.7% YoY; Digital
revenues at 41%
In US Dollars:
• Revenue at USD 394.4 million; growth of 8.4% QoQ and 13.7% YoY
• Constant Currency Revenue growth of 8.3% QoQ and 14.2% YoY
In Indian Rupees:
• Revenue at Rs 28,111 million; growth of 9.4% QoQ and 13.7% YoY
• Net Income at Rs 3,767 million; growth of 4.6% QoQ and 0.3% YoY
Recent Deal Wins
• Multi-year, multi-million large deal for transforming the global application operations of a smart energy
storage solution provider
• An apex government body selected LTI to create a conceptual framework on Data Management,
integrating and harmonizing the available data sets in various key sectors through single window system
for better governance
• A Leading US based Insurance Company chose LTI as a Strategic Partner to implement a multi-year
digital transformation initiative focused on improving their products, distribution and infrastructure
• LTI has been chosen by a public development authority for implementation of Next Generation Digital
Platform to enhance efficiency of their transportation systems
• Awarded an end-to-end enterprise data estate transformation deal by a global leader in energy storage
• A Multinational conglomerate engaged LTI to deliver AI enabled preventive maintenance and Cloud
hosted monitoring solutions for users of its data storage solutions
Executive Commentary
“Our outstanding QoQ growth of 8.4% in Q3 is a result of on-track ramp up of large engagements we
announced earlier. We are extremely pleased with the superior and broad-based performance across
verticals and service offerings, which underscores the resilience of our diversified portfolio. Our
strategy and investments for powering the breakaway enterprise is resonating well with our clients. We
continue to win large deals across regions and have won two such engagements in Q3 with cumulative
net-new TCV of more than US$75 mn.”–Chief Executive Officer & Managing Director, LTI
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Key Financial Highlights
Financial, M&A Updates
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Mindtree Reports Third Quarter 2019-20 Results
Key financial highlights:
In USD:
• Revenue at $275.2 million (growth of 1.5% q-o-q / 9.4% y-o-y)
• Net profit at $27.7 million (growth of 44.7% q-o-q/ 3.1% y-o-y)
In INR:
• Revenue at ₹19,653 million (growth of 2.7% q-o-q / 10.0% y-o-y)
• Net profit at ₹1,970 million (growth of 45.9% q-o-q / 3.0% y-o-y)
Other highlights:
Clients:
• 320 active clients as of December 31, 2019
• $25 million clients grew by 1, total 5
• $10 million clients grew by 1, total 22
People:
• 21,561 Mindtree Minds as of December 31, 2019
• Trailing 12 months attrition is 17.2%
BOTs*:
• Automation is playing a significant role in modernizing our technology service delivery, enhancing both
efficiency and speed-to-results for our clients. We are proud to report our BOTs strength that autonomously work
along-side our Mindtree Minds, enabling our team to do more and accomplish larger goals
Executive Commentary
“As we continue to grow revenue, our sharp focus on driving profitable growth has resulted in expansion of
operating margin by 2.6% and a rise in net profit by 44.7% as compared to previous quarter,” said CEO &
Managing Director, Mindtree. “We continue to execute our growth strategy, proactively incubate deals by
mining strategic clients and nurture a learning-led culture. The recently concluded Annual Customer
Experience Survey results depict industry-leading scores, indicating our exceptional work in delivering
quality services to our clients.”
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Key Financial Highlights
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Cignex Datamatics and Relevance Lab deal not approved by DGSL shareholders;
revised terms in discussions
Datamatics Global Services Ltd. (DGSL), a global IT & BPM
company, on December 12 2019, had announced to strategically
divest its stake in Cignex Datamatics Inc. to Relevance Lab, a
Singapore headquartered IT Services Company, through a
share-swap arrangement. DGSL has today shared that the deal to
divest stake in one of its subsidiaries, Cignex Datamatics Inc., could
not be completed as shareholders did not approve the proposed
resolution. The parties are reworking on the revised structure and
commercial terms, as a result of which the current Share Purchase
Agreement is likely to undergo a substantial change.Cignex
Datamatics Inc is a US-headquartered IT Services firm offering,
Open Source, Cloud, and Automation services.
Executive Commentary
Speaking on the occasion, CEO, DGSL said; “We are working
together on revised terms, and are confident that it will be
beneficial for our company and its shareholders”.
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Financial, M&A Updates
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NIIT Technologies Q3 FY’20 Revenue up 16% YonY, PAT up 34% YonY
• Consolidated revenues for the quarter under review grew 16.1% over the
same period last year and 3.4% sequentially over the preceding quarter to
Rs 1073.4 crore. EBITDA margin for the quarter was stable YoY at 18.1%.
• In reported terms, BFS contracted 1.3% QoQ contributing to 16.0% of
revenue, Travel Transportation and Hospitality (TTH) was up 6.2% QoQ
contributing to 28.5% of revenue, and Insurance grew 0.2% QoQ
contributing 30.2% of overall revenues. The “Others” portfolio grew 7.4%
QoQ and they represents 25.3% of overall revenues.
• Americas, EMEA, and ROW contributed 48%, 37%, and 15% of the
revenue mix.
• Fresh business of US$218 mn was secured by the company during the
quarter. As a result, the order book executable over the next twelve months
has also increased to US$424 mn.
Executive Commentary
“The firm registered a robust performance in the quarter across key
parameters including revenue, earnings, cashflow, and deal wins, in line
with our stated intent to drive robust, predictable and profitable
growth,” said Chief Executive Officer, NIIT Technologies Ltd.
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Key Financial Highlights
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Financial, M&A Updates
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Wipro Ventures Announces $150M Fund II to Invest in Emerging Digital
Enterprise Software Leaders
Wipro Ventures, the strategic investment arm of Wipro Limited, a leading global
information technology, consulting and business process services company,
announced the closing of its $150 million Fund II. Buoyed by the success of its
first $100 million fund launched in 2015, Wipro Ventures will continue to invest
in early to mid-stage companies building innovative enterprise software solutions
across key areas, including cybersecurity, application development, analytics,
cloud infrastructure, test automation, and AI.Wipro Ventures, managed by
BiplabAdhya and Venu Pemmaraju, has so far invested in 16 early- to mid-stage
startups, including 11 in the US, 4 in Israel and 1 in India. More than 100 of
Wipro’s global customers have benefited by deploying solutions from these
portfolio companies.Companies within the portfolio have seen successful exits,
including Demisto, a cybersecurity company that was acquired by Palo Alto
Networks. Rishi Bhargava, a co-founder of Demisto, credited Wipro’s
commitment to joint sales and go-to-market support, as one of the key drivers of
its success
Executive Commentary
“Wipro Ventures has become an integral part of our innovation ecosystem,”
said Chief Executive Officer and Managing Director, Wipro Limited. “Our
strategy has been to invest in promising enterprise software startups, establish
strategic partnerships with them and bring their leading-edge solutions to our
customers. By doing this, we differentiate our customer services, generate
revenue for our portfolio companies and deliver strategic as well as financial
returns to Wipro. Wipro Ventures’ Fund II demonstrates our continued
commitment to this strategy.”
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Solutions Updates
Consulting & IT Services Industry
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Atos facilitates public cloud protection with new CSPM service powered
by Palo Alto Networks
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Solution Description
Atos, a global leader in digital transformation, launches a new Cloud Security Posture Management (CSPM) service powered by Palo Alto Networks Prisma™ Cloud
technology. With this new multi-cloud managed service, Atos helps customers address the challenges with public cloud adoption by enabling complete visibility, control and
compliance from a single pane of glass. Given Gartner’s prediction that “through 2024, organizations implementing a CSPM offering and extending this into development will
reduce cloud-related security incidents due to misconfiguration by 80%,” CSPM tools play a crucial role in cloud adoption and security.
Atos’ CSPM service includes:
• Prisma Cloud™ by Palo Alto Networks: Prisma Cloud is the most complete cloud security posture management (CSPM) and cloud workload protection platform (CWPP). It
helps ensure consistent security across multi-cloud and hybrid cloud environments and simplifies security operations through cross-cloud security visibility. This assists
organizations that leverage public cloud platforms and a rich set of microservices to build and deliver applications rapidly as well as provide visibility and threat detection for
SecOps and DevOps teams across their cloud infrastructure.
• Consulting, configuration and integration services: Helping clients with a global network of cybersecurity and cloud experts to develop policies in order to prevent common
issues related to cloud adoption, the service ensures that a client’s platform is optimally configured, as the majority of cloud vulnerabilities are due to misconfigurations.
• Operations and response services: Through its global network of security operations centers, Atos supports customers with the day-to-day administration of their CSPM
platform and, in the event of an incident, assists them with security incident response services.
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New Shared Mobility Concept, Luxoft HALO, Introduces a Revolutionary
Digital, Consumer-grade In-vehicle Experience
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Solution Description
Luxoft, a DXC Technology Company in collaboration with LG Electronics, Amazon and Mapbox unveiled Luxoft HALO, the
company’s latest shared mobility conceptfeaturing a revolutionary digital, consumer-grade in-vehicle experience. Luxoft HALO will
be formally debuted at CES® 2020, Jan. 7-10, 2020, Las Vegas, NV. At home, consumers expect their digital experiences to be
simple, convenient and accessible at any time across a range of devices. Increasingly, consumers also expect access to their favorite
content and services, in the vehicle and on the go. Luxoft HALO shared mobility concept demonstrates how all consumers’ mobility
needs can be seamlessly integrated with their personal digital lifestyle.Luxoft can already deploy webOS Auto to large-scale series
production systems, including:
• Rear Seat Entertainment (RSE) for traditional needs;
• Rear Seat Entertainment (RSE) with ride-hailing mode;
• Cabin display for ride-hailing systems; and
• Center stack display for ride-hailing systems.
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Solution Updates
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United Nations Global Compact launches ‘SDG Ambition’ impact initiative
aiming to scale up business action at the national level
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Solution Description
The United Nations Global Compact launched SDG Ambition — a global impact initiative aimed at challenging and supporting
companies to integrate the Sustainable Development Goals into their core business.According to recent research by Accenture and
the UN Global Compact, just 21% of CEOs believe business is playing a critical role in contributing to SDGs.The UN Global
Compact Local Networks, located in more than 60 countries, will lead the initiative’s implementation. SDG Ambition aims to engage
more than 1,000 companies across industries in more than 40 countries to focus their sustainability efforts on high-impact strategies
and business models.As a special initiative of the UN Secretary-General, the United Nations Global Compact works with companies
to align their operations and strategies with ten universal principles in the areas of human rights, labor, environment and
anti-corruption. Launched in 2000, the UN Global Compact guides and supports the global business community in advancing UN
goals and values through responsible corporate practices. With over 10,000 companies and 3,000 non-business signatories based in
more than 160 countries, and 68 Local Networks, it is the world’s largest corporate sustainability initiative.
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Solution Updates
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BAE Systems’ CV90 increases lethality by testing SPIKE LR anti-tank
guided missile
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Solution Description
BAE Systems has successfully fired an integrated, long-range anti-tank guided missile from the CV90 Infantry Fighting Vehicle in a
recent series of tests. This advancement further diversifies the CV90’s operational capabilities on the battlefield by enabling indirect fire
at long distances or at air targets, boosting the vehicle’s lethality while increasing crew safety. The testing, which took place in difficult
arctic conditions, used a Rafael Advanced Defense Systems’ Spike-LR (long range) missile mounted on a BAE Systems Hägglunds’
CV90 to defeat a target at more than 2,000 metres. The exercise marks the first time an integrated version of an anti-tank guided missile
has been launched from the CV90. It also demonstrates the platform’s versatility to perform a wide range of missions, and shows the
CV90 can easily adapt to new technologies for meeting current and future customer needs.The long-range missile testing is yet another
recent example of improved lethality on the CV90. BAE Systems is currently executing a Swedish government contract to provide a
mortar variant of the CV90 called Mjölner that adds greater mobility to close indirect fire support.More than 1,200 CV90s of numerous
variants are in service with Denmark, Estonia, Finland, Norway, Sweden, Switzerland and the Netherlands. The vehicle has a
combat-proven track record and is designed to accommodate future growth to meet evolving missions.
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EY TaxChat™ enters global consumer market for personal tax filing
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Solution Description
EY announces EY TaxChat™, the first direct-to-consumer EY tax service, which will be available to individual taxpayers in several countries around
the world. An on-demand mobile tax preparation service, EY TaxChat offers personalized service from a licensed EY professional who will prepare and
file tax returns on the taxpayer’s behalf. The service is currently available to consumers in the United Kingdom and the United States, with Brazil,
Canada, Australia and France coming online later in 2020. This mobile tax preparation offering is an EY investment in the digital consumer with tax
filing needs and financial situations that are increasingly complex and diverse – a market opportunity of US$15b in key countries around the world. EY
TaxChat is designed to handle the growing complexities of tax filing, whether it’s due to cryptocurrency and other investment vehicles, investment
portfolio changes, rental property ownership, self-employment, or other factors. And, as a modernized, digital service, it helps consumers engage how
and where they want to. The offering also aligns to EY corporate clients’ business agendas through digital ecosystem integration, as part of financial
wellness employee programs, as well as governments going digital in tax.The service has previously been accessible exclusively as an employee benefit
for EY people and clients who work with Ernst & Young LLP’s Employee Financial Services practice in the US. EY TaxChat is available for download
in consumer app stores and is also offered at a discount by employers who are contracted with EY member firms. It is also available from a number of
financial services organizations and wealth advisors that offer EY TaxChat within their service and ecosystem environment.
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New Hitachi Vantara To Create Digital Competitive Edge For Transforming
Enterprises
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18
Solution Description
Hitachi Vantara, a wholly owned subsidiary of Hitachi, Ltd. announced it has come together with Hitachi Consulting as one company to create a
new digital infrastructure and solutions powerhouse. The new Hitachi Vantara aims to become the world’s preferred digital innovation partner by
unlocking the “good” in data that benefits customers, raises the quality of people's lives and builds a sustainable society. Hitachi Vantara will
specifically bring a competitive edge to the digital domains that matter most – the data center, data operations and enterprise digital transformation.
The new Hitachi Vantara combines the best consulting-led digital solutions and vertical industry expertise of Hitachi Consulting with Hitachi
Vantara’s IT domain expertise. Going forward, the integrated company will help customers develop practical, scalable digital strategies and
solutions that transform operational processes, improve customer experiences and create new business models to drive innovation and growth. For
example, the new company will offer a holistic manufacturing industry practice as one of several vertical industry practices. The manufacturing
practice will integrate consulting methodologies for addressing quality, customization, sustainability and new business models with data-driven
solutions such as Lumada Manufacturing Insights from Hitachi Vantara, which integrates silos of manufacturing data and applies AI and machine
learning to evaluate and enhance overall equipment effectiveness (OEE).
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Mercer launches industry first AI powered tool to predict outcome of
member options exercises
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19
Solution Description
Mercer has launched an artificial intelligence (AI) powered tool that can help defined benefits (DB) pensions schemes predict the
outcome of a member options exercise. Using anonymised data from completed member options exercises and the scheme’s own data,
the machine learning algorithm determines the probability of a member accepting a tailored offer. This new data driven approach helps
pension schemes and sponsors better manage risk through planning member options projects that have optimum member offer structures.
Mercer’s AI member choice tool has identified several factors impacting a member’s decision on whether to transfer out of their DB
scheme. Age is a key factor, with those members older than 55 on average 18-20% more likely to accept an offer than younger members.
Place of residence also plays a determining part, with overseas members 10% more likely to accept a transfer value than those based in
the UK. The time of year the offer is presented also impacts a member’s decision, with more responding to offers in spring. Mercer’s tool
will continue to evolve as data from more completed exercises are added.Mercer’s AI tool draws on anonymised data from over 20,000
member transactions who have been through an ETV exercise. With this considerable amount of data, Mercer can support clients make
better choices and help solve issues with DB pension arrangements.
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A new day for credit unions with the launch of Gojoko Community Lenders Gô Digital®
Platform in partnership with Persistent Digital Credit Union Solution™
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Solution Description
Persistent Systems and fintech platform leader Gojoko today announced a joint offering – the Community Lenders Gô Digital® Platform running on the Persistent Digital Credit Union
Solution™. Persistent also announced the availability of the Persistent Digital Bank Solution™, which includes an industry-first actbot, providing new levels of proactive interaction with
customers. Community Lenders Gô Digital® Platform supports Gojoko Marketing’s mission to elevate community banks and credit unions to help them grow and expand into modern
financial institutions. The solution offers customers the choice of modularized capabilities based on their needs, which will run on Amazon Web Services (AWS). The new service will provide
the agility necessary to enable banks and credit unions to rapidly design, launch, service and scale banking and lending portfolios. It also offers credit unions an effective way to leverage a
cutting-edge banking platform without significant investment. Gojoko deploys a fintech platform, digital customer interface and advanced digital marketing to its banking customers. Persistent
provides systems integration, including the aggregation of loans and booking into the Mambu banking platform.
The Solution includes:
• Online application for Loans & Advances (personal, vehicle, education, vacation and more to follow)
• Customer Digital Onboarding (eKYC for Individual, Small Enterprises)
• Online Deposits opening (Saving Accounts, Checking Accounts, Term Deposits)
• Integration with Payments processors including Debit card and Credit card
• Integration with Regulatory reporting tools
• Integration with a wide range of platforms and solutions including Mambu, Salesforce, various credit scoring agencies, KYC data providers, etc.
• An actbot built on sophisticated machine learning and artificial intelligence technologies, offering Conversational User Interface.
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Persistent Systems and ValidSoft deliver new Secure Digital Voice Authentication
Capabilities for Banking and Credit Unions
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Solution Description
Persistent Systems and ValidSoft have jointly developed a secure digital voice authentication for continuous user validation,
integrated with Persistent’s banking solutions. As part of Persistent Digital Bank Solution™, Persistent will leverage
ValidSoft’s Precision Voice Biometrics™ to ensure strong identity assurance for all individuals transacting on their platform.
Persistent (BSE & NSE: PERSISTENT) recently announced the availability of the Persistent Digital Bank Solution™ and
Persistent Digital Credit Union Solution™.ValidSoft is a global Cyber Security Company that provides the fastest, most
secure, most precise and easiest to deploy voice biometric solution. ValidSoft saves businesses money, stops fraud and
eliminates consumer frustration by providing a seamless, omni-channel solution to enable secure, fast, friction-free customer
engagement.Persistent Systems is a global solutions company delivering digital business acceleration and enterprise
modernization for businesses across all industries and geographies.
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QuEST Global to Demonstrate Enhanced Driver and Vehicle Safety Using Deep
Learning at CES 2020
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Solution Description
QuEST Global, a global product engineering and lifecycle services company, will demonstrate Deep Learning driven Advanced Driver Assistance Systems
(ADAS) at CES (Consumer Electronic Show) 2020. The deep learning models developed by QuEST Global aim to enhance ADAS by improving the
accuracy in detection of traffic signs, pedestrians and traffic. This enhanced ADAS will be demonstrated at Booth # 1909, Westgate Pavilion. The ADAS
demo has been developed by training deep learning models using synthetic data representing various environmental conditions and terrains. Such deep
learning driven ADAS are 25% more accurate than the ones developed using classic image processing techniques. By leveraging its strong capabilities in
high-performance vision processing and deep learning, the company has further optimized the performance of the applications to improve interpretation of
both simulated and real time data.As a trusted thinking partner, QuEST Global has been working with the world’s most recognized companies in automotive
industry for the last two decades. The company is committed to enable its customers to Create The Frontier by advancing the ways people drive, travel and
interact with each other. Being at the forefront of the convergence of Mechanical, Electronics, Software and Digital Engineering Innovations, the company
is helping OEMs and Tier 1 suppliers to address the growing demand of providing connected engineering experience to the end customers. By developing
comprehensive engineering services and solutions, QuEST Global has been partnering with its automotive customers for overcoming the new-age
engineering challenges and make products safer and more reliable in today’s digital age.
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QuEST to launch solution accelerator for development of AI applications
using deep learning at CES 2020
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Solution Description
QuEST Global, a global product engineering and lifecycle services company, will unveil a solution accelerator which will help to design, train, deploy and manage Deep
Learning (DL) models for the development of computer vision applications at CES (Consumer Electronics Show) 2020. This solution that will be showcased at Booth#
1909, Westgate, will enable data scientists, data analysts and data engineers to develop deep learning-based machine vision applications in a fast and efficient manner
with minimum effort. It offers a simplified model creation process through a visual, menu driven interface, making development of deep learning solutions much easier
and faster. The solution developed by QuEST Global is specifically designed to automate key operations of model development workflow like data labelling, data
augmentation and cross validation. Supported with intuitive dashboards, performance metrics and custom model creation capabilities, the tool provides easy re-training
and deployment options for target devices. By automating and simplifying the AI development work flow, the solution accelerator will help data scientists, data engineers
and data analysts achieve productivity improvement, and improve return on investment which in turn will help them to focus more on innovative methods for improving
the accuracy and performance of the models.QuEST Global has more than two decades of experience across the complete product development lifecycle, helping
customers develop better products, establish new markets and improve efficiency and quality. Using next-generation technologies such as edge computing, artificial
intelligence, deep learning, big data and predictive analytics, the company aims to help semiconductor, consumer electronics and computing industries accelerate their
product development and innovation cycles and make operations more efficient for them. As a trusted thinking partner, the company is committed to enhance the end
consumer experience, enable business outcomes and simplify the digital journey for its customers.
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Tech Mahindra Launches a Dedicated Google Cloud Center of Excellence
to Drive Digital Transformation of Enterprises Globally
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Solution Description
Tech Mahindra, a leading provider of digital transformation, consulting and business re-engineering services and solutions, has
announced the launch of a dedicated Google Cloud Center of Excellence (COE) to drive digital transformation of enterprises globally.
Established in Hyderabad, the COE will provide enterprises with access to the technology and services they need to expedite their
cloud migration, and deliver tailored solutions to help them move critical workloads like to Google Cloud, develop their Artificial
Intelligence (AI) and data analytics solutions, , and improve workplace collaboration productivity.Tech Mahindra’s dedicated COE
will offer its clients a full spectrum of Cloud services, which will include consulting, assessment, migration, optimization and support
services for enterprises looking to optimize their workloads on Google Cloud.As part of the TechMNxt charter, Tech Mahindra has
developed several solutions on next generation technologies such as AI, Machine Learning (ML), Analytics and Augmented Reality
on Google Cloud. As a Google Cloud Partner, Tech Mahindra is well equipped with all the necessary expertise, tools, processes, and
strategies to support every stage of the cloud adoption journey including migrating workloads and applications to Google Cloud.
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Zensar’s Smart Application Development and Maintenance services
incorporate Artificial Intelligence
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25
Solution Description
Zensar, a leading digital solutions and technology services company that specializes in partnering with organizations across industries on their digital transformation
journey, announced that its Smart Application Development and Maintenance (SmartADM) services now incorporate Robotics, Automation and Artificial Intelligence
(AI).Zensar’s SmartADM is a complete suite of Application Services that enables Intelligent Application Services through AI-enabled Cloud Native development, Agile,
DevSecOps, Legacy Modernisation, Application Support & Maintenance, and Microservices & API. The suite enables enterprises to undergo digital transformation from
an environment that is fragmented, replete with disparate point solutions, and heavy on human intervention. Our Experience Decision Research (EDR) framework
ensures that Artificial Intelligence permeates through Experience, Decision and Research layers within Enterprise Applications.
Key business benefits to customers to be as follows:
• Improved efficiency across key business operations led by automation
• Increased stability of applications across the enterprise
• Better adherence to SLAs/compliance
• Zero-risk transition management
• Wide coverage across varied, disparate operation processes
• Integrated application management
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Rewards & Recognition Updates
Consulting & IT Services Industry
R & R Updates
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Accenture Interactive Positioned as a Leader in Independent Research
Report on Asia Pacific Digital Experience Agencies
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Accenture Interactive, part of Accenture, has been named a Leader in the latest research report on Asia Pacific digital experience agencies from
Forrester Research Inc., a leading research and global advisory firm.Titled “The Forrester Wave™: Digital Experience Agencies in Asia Pacific,
Q4 2019”, the report evaluates Accenture Interactive and 13 other vendors on 24 criteria across three categories: Current Offering, Strategy; and
Market Presence. Accenture Interactive received the highest score in the Current Offering and Strategy categories. In the Strategy category, it
received the highest score possible in the vision, client co-innovation strategy, partner ecosystem and employee experience criteria.The report
states, “Clients like Accenture [Interactive]’s range of services and responsiveness to changing requirements and the quality and consistency of its
work.” The report also states that Forrester likes Accenture Interactive’s strong service design capabilities that aim to help clients reinvent their
business models and operations.Accenture is a leading global professional services company, providing a broad range of services and solutions in
strategy, consulting, digital, technology and operations. Combining unmatched experience and specialized skills across more than 40 industries
and all business functions — underpinned by the world’s largest delivery network — Accenture works at the intersection of business and
technology to help clients improve their performance and create sustainable value for their stakeholders. With 505,000 people serving clients in
more than 120 countries, Accenture drives innovation to improve the way the world works and lives.
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HFS Ranks Accenture the No. 1 Service Provider for Industry 4.0 and its
most critical lever — the Internet of Things
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Accenture collected no. 1 rankings in two recent reports by industry analyst firm HFS Research. The first report covers services providers for Industry 4.0; the second
assesses service providers for the Internet of Things (IoT). According to HFS Research, Industry 4.0 — also called the fourth industrial revolution — is the growing effect
automation and data exchange technologies have on manufacturing. These technologies can make manufacturing more productive, reduce its cost, help get products and
services to the market quicker and personalize them for a large number of customers.IoT has become the most critical lever for Industry 4.0 as it forms the backbone for
most of the other Industry 4.0 technologies applications, according to HFS. IoT services “either save or make money for a client by employing connected sensors attached
to ‘things’ (…) to determine their current state or how their state has changed with time,” based on the data the sensors generate.The HFS Industry 4.0 Service Providers
2019 report lists the following Accenture strengths:
• Accenture’s Industry X.0 practice is a partner for the holistic digital transformation of manufacturing, from product and services development and engineering to
production, operations and supply chains.
• Accenture has the highest number of Industry 4.0 professionals of the providers evaluated.
• The company has the most clients for Industry 4.0 of companies across North America, Europe and the Asia-Pacific region.
• It also has the highest number of Industry 4.0-related patents.
• Accenture has increased its industry and technology competency with several successful acquisitions in the Industry 4.0 sector.
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Accenture is the First Partner to Achieve SAP-Certified Integration with
SAP® Model Company Delivered Through Accenture myConcerto®
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Accenture announced that it is the first company to achieve SAP-certified integration with the SAP® Model Company service, which can
accelerate custom deployment of SAP S/4HANA by as much as 30 percent1. This certification distinguishes Accenture’s intelligent enterprise
solutions for oil and gas and life sciences companies, which the company delivers through its Accenture myConcerto® platform. These solutions
include preconfigured, industry-specific processes of SAP Model Company services designed to help companies implement SAP solutions more
quickly and effectively. Protected by over 40 patents and applications across more than 10 countries, Accenture myConcerto is an insight-driven,
digitally integrated platform that combines the power of SAP solutions and technologies with Accenture’s industry and functional expertise.
Accenture was also the first solution partner to become qualified for SAP Model Company. The myConcerto intelligent enterprise solutions for the
oil and gas and life sciences industries bring the best of Accenture and SAP together to help companies use core functionality from co-developed
industry solutions based on SAP S/4HANA. The solutions can be rapidly deployed through a personalized, data-driven roadmap that includes the
latest assets, methodologies, technologies and program management capabilities needed to drive a successful transformation. These are the first of
many pre-configured industry and business solutions from Accenture that are in the certification process for SAP Model Company.
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Atos named on CDP ‘A List’ for leading effort against climate change
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Atos, a global leader in digital transformation, has been commended for its climate action this year, achieving a place on global environmental impact non-profit
CDP's prestigious ‘A List’ for climate change, based on the company’s climate reporting in 2019. Atos was recognized for its actions to cut emissions, mitigate
climate risks and develop the low-carbon economy, based on the data submitted by the company through CDP’s 2019 climate change questionnaire. Atos is one of
a small number of high-performing companies out of thousands that were scored. CDP’s annual environmental disclosure and scoring process is widely recognized
as the gold standard of corporate environmental transparency. A detailed and independent methodology is used by CDP to assess these companies, allocating a
score of A to D- based on the comprehensiveness of disclosure, awareness and management of environmental risks and demonstration of best practices associated
with environmental leadership, such as setting ambitious and meaningful targets.In 2019, Atos was also recognized as Industry leader by other sustainability ratings
companies such as EcoVadis and the DJSI (Dow Jones Sustainability Index).The Climate Change A List is published by CDP each year, alongside the A Lists for
leadership on protecting forests and water security.Atos is a global leader in digital transformation with over 110,000 employees in 73 countries and annual revenue
of over € 11 billion. European number one in Cloud, Cybersecurity and High-Performance Computing, the Group provides end-to-end Orchestrated Hybrid Cloud,
Big Data, Business Applications and Digital Workplace solutions. The group is the Worldwide Information Technology Partner for the Olympic & Paralympic
Games and operates under the brands Atos, Atos Syntel, and Unify. Atos is a SE (Societas Europaea), listed on the CAC40 Paris stock index.
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CACI Named a Fortune World’s Most Admired Company
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CACI International Inc announced that Fortune magazine has recognized it as one of the World’s Most Admired Companies for 2020,
CACI’s ninth time appearing on the list. CACI ranked seventh among Information Technology Services companies worldwide. CACI
earned top scores under Fortune’s survey criteria, which include innovation, people management, use of corporate assets, social
responsibility, quality of management, financial soundness, long-term investment, quality of products and services, and global
competitiveness. A company must score in the top half of its industry group to be included on the reputable list. Fortune, in partnership
with the global management consulting firm Korn Ferry, surveys thousands of top corporate executives and directors to compile the Most
Admired rankings. Those rankings identify companies that enjoy the strongest reputations across various industries.CACI’s 22,000
talented employees are vigilant in providing the unique expertise and distinctive technology that address our customers’ greatest
enterprise and mission challenges. Our culture of good character, innovation, and excellence drives our success and earns us recognition
as a Fortune World's Most Admired Company. As a member of the Fortune 1000 Largest Companies, the Russell 1000 Index, and the S&P
MidCap 400 Index, we consistently deliver strong shareholder value.
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Cognizant Named a Leader in SAP Services by Independent Research
Firm
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Cognizant announced it has been named a leader among SAP service providers for midsize enterprises in a new report by Forrester Research. The
Forrester Wave™: SAP Services Providers for Midsize Enterprises, Q4 2019 report evaluated 12 service providers on 22 criteria based on their
current offerings, strategy and market presence. Cognizant received the highest possible scores in 17 criteria, including implementation services,
ongoing support services, S/4HANA capabilities, innovation roadmap, commercial model, partner ecosystem, number of SAP clients, geographic
breadth of services and revenue from SAP services. In its vendor profile, the report states:
• Cognizant is the largest provider included in the evaluation, with more than 10,000 SAP practitioners among its 280,000 employees. In addition,
Cognizant offers the broadest coverage of next-gen SAP apps among the providers, with particular strength in C/4HANA and S/4HANA.
• Through acquisitions, Cognizant has bolstered its business consulting and design capabilities and invested in SAP-specific implementation
capabilities through proprietary methodologies like Agile-based Cognivate, based on SAP Activate.
• Reference customers noted Cognizant's deep technical expertise in newer SAP offerings, as well as a willingness to share risk and handle
complex integrations.
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Cognizant Named a Leader of Healthcare Business Process Services in
New Everest Group Report
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Cognizant has been named a leading Business Process Services (BPS) provider in the Clinical and Care Management market by consulting and research firm
Everest Group. The Clinical and Care Management (CCM) BPS Services PEAK Matrix®report assessed 16 global healthcare service providers delivering
solutions supporting the full spectrum of CCM and found Cognizant to be in the top Leader category. Clinical and Care Management, which represents a
growing healthcare market segment, focuses on population health, risk assessments, case management and medication adherence programs that help enable
quality care at low costs. Cognizant stood out, according to Everest Group, for its array of transformative solutions, including cloud technology, IoT offerings
and predictive analytics. Utilizing these digital technologies, Cognizant provides managed services and solutions for utilization, care coordination and
population health management, as well as risk adjustment and compliance. For one large healthcare provider, Cognizant developed a text mining engine that
efficiently analyzed caregivers' notes to extract specific words and relevant information and identify context and meaningful insights. The
Cognizant-developed algorithm analyzed 900,000 records from approximately 200,000 patients and generated critical insights for the provider and its
patients to improve care. Cognizant works with many of the largest health plans and insurers and has spent the last several years investing in new expertise
and capabilities, including through its acquisitions of Bolder Healthcare Solutions, TMG Health and TriZetto to meet the demands of a changing market.
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ALM Intelligence names EY as the leader in corporate services consulting
for organizations’ transformation initiatives
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EY has been recognized by ALM Intelligence (ALM) as the market leader for corporate services consulting in the new ALM report, The ALM Vanguard: Corporate
Services Consulting 2019. The report assesses consulting services organizations for their ability to deliver impact for their clients by improving the performance of
back-office functions that support the workforce, including those in corporate center, shared services centers, outsourced services and captive operations. In the report,
EY was rated first in breadth and client impact, and called out as a “best in class” provider for client capability and enabling tools. According to ALM, EY gained
leadership due to an expanding spectrum of assets, products and platforms that function as a combined management and operating system for corporate services
transformation. The report also notes that clients perceive EY as ahead of the curve on multiple fronts, especially the ability to guide C-suite stakeholders through the
“art of the possible” scenario planning in the EY wavespace™ global growth and innovation centers, and capabilities in end-to-end process design, infrastructure support
and maintenance, and intelligent automation.The engine of the EY corporate services consulting is Global Business Services (GBS), which is part of the EY Advisory
service line. GBS engagements draw on the knowledge and resources across all EY services lines, including Assurance, Tax and Transaction Advisory Services, as well
as the broad scope of management consulting services offered by Advisory, including strategy, performance improvement, risk, customer, cybersecurity, big data and
analytics, and technologies that include blockchain, artificial intelligence, IoT and robotic process automation. EY GBS also leverages EY experience in industry markets
and issues-led consulting.
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Genpact Wins Eight Brandon Hall Group Human Capital Management
Excellence Awards
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Genpact, a global professional services firm focused on delivering digital transformation, announced that it was awarded with the 2019 Brandon Hall Group Human Capital Management (HCM) Excellence Awards for global talent development
programs, hiring practices, and corporate culture. Now entering its 25th year, the awards program is among the most prestigious in the learning and talent management and human resources industry. The awards recognize Genpact's learning and
development program and talent acquisition initiatives that provide employees with future-ready skills that drive digital transformation for clients. Leveraging mobile programs, social and bite-sized learning and leadership development, the
company is at the forefront of the latest HCM trends.
Continuing its track record of winning Brandon Hall Group awards for seven consecutive years, Genpact's current recognition includes:
Five gold awards:
• Best Certification Program: For Genpact's experiential learning program, equipping its transition leaders with innovation, digital, and consultative skills to reimagine the way Genpact manages its clients' transformation journeys;
• Best Advance in Corporate Culture Transformation: For its shift from a traditional model to a self-service ecosystem, allowing Genpact human resources leaders to focus on more strategic initiatives, reducing time spent on administrative tasks
by 40%;
• Best Advance in Leadership Development for Women: For its diversity program that increased Genpact's senior women leaders from 15% in 2014 to 23% in 2018 in its Banking and Capital Markets business;
• Best Unique or Innovative Workforce Management Program: For Genpact's partnership with Geometric Results Inc. to centralize contingent workforce management and transform its contractual hiring processes across sourcing, hiring, and
lifecycle management; and
• Best Advance in Talent Acquisition Process: For its executive hiring campus program that encourages a future-ready, diverse talent pool for strategic positions in sales, consulting, and transformation services.
Three silver awards:
• Best Use of Social and Collaborative Learning: For Genpact's curated program to engage learners and create subject matter experts in insurance.
• Best Use of Blended Learning: For its leadership development program design that combines structured learning, work experience, and leadership interactions to provide continuous learning opportunities; and
• Best Learning Program Supporting a Change Management Strategy: For its program that emphasizes digital and domain skills to create a pool of future-ready engineers who can leverage new technologies in the information technology services
business, delivering innovative solutions to transform clients' business.
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Infosys Positioned as a Leader in Gartner’s Magic Quadrant for IT Services
for Communication Services Providers, Worldwide
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Infosys, a global leader in next generation digital services and consulting has been named a ‘Leader’ in Gartner’s Magic Quadrant for IT Services for
Communications Service Providers, Worldwide. Infosys was recognized for its ability to execute and completeness of vision. Gartner defines Leaders as those who
are “suited for most ITS-CSP engagements. They are market- leading in several digital business transformation capabilities.” Gartner’s report Magic Quadrant for
IT Services for Communications Service Providers, Worldwide evaluated 13 global vendors on their ability to execute, along with completeness of vision. For
more than two decades, Infosys has helped over 50 global telcos including cable, mobile virtual network operators, and media and entertainment companies
navigate their transformation journeys. Our deep domain expertise and rich experience has guided telcos to drive network modernization and service differentiation
while repositioning them as digital service providers. Infosys leads this evolutionary journey by combining dedicated Centers of Excellence, a global partner
ecosystem, and our 5G Living Labs to incubate new services, introduce innovative business models, and deploy advanced technologies such as edge computing
and network slicing.Infosys is a global leader in next-generation digital services and consulting. We enable clients in 46 countries to navigate their digital
transformation. With over three decades of experience in managing the systems and workings of global enterprises, we expertly steer our clients through their
digital journey. We do it by enabling the enterprise with an AI-powered core that helps prioritize the execution of change. We also empower the business with agile
digital at scale to deliver unprecedented levels of performance and customer delight. Our always-on learning agenda drives their continuous improvement through
building and transferring digital skills, expertise, and ideas from our innovation ecosystem.
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Intellias Featured Among Leading Machine Learning Players to Follow in
2020
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In January 2020, Intellias was acknowledged among the top 10 machine learning companies worth attention in 2020. Robots.net, the online
library of the latest technology trends, introductory guides, expert articles, and product reviews, has comprised the list of leading machine
learning companies. The list includes companies that contribute significantly to the technology development and market scope expansion.
Intellias has already become a compelling name among machine learning companies for its advanced solutions across industries for narrow
needs. The company has deep expertise in using computer vision and machine learning algorithms for object recognition, data-driven
decisions, predictive analytics, and chatbot services.Intellias is a software engineering company with nearshore development centers in the
Ukrainian cities of Lviv, Kyiv, Odesa, Kharkiv, and Ivano-Frankivsk, and on-site offices in Berlin, Germany, and Krakow, Poland. The
company has 18 years of experience in the DACH and Benelux countries, the United States, the United Kingdom, and Canada. KPMG has
highlighted Intellias as one of the leading IT-BPO providers in Lviv. Intellias has also been recognized by Inc. 5000 as one of the
fastest-growing privately held companies in Europe. In 2018, Intellias got backing from Horizon Capital, the biggest private equity fund in
Ukraine, to broaden its delivery footprint and increase service capabilities with new delivery centers in Central and Eastern Europe.
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Intellias Makes First Hundred in Clutch Top 1000 B2B Service Providers
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Clutch revealed its exclusive 2019 Clutch 1000 List, reviewing best platform featured B2B service providers. Intellias made the first hundred being once
again acknowledged as one of the global leaders among companies from 35 countries. This annual report recognizes companies that have rankings within the
top 1% of all companies on Clutch. Intellias is consistently showing high performance results in Clutch ratings. This 2019 award marks the fifth time Intellias
has been recognized by Clutch, including Global Leaders of 2018 and Top 25 IT Outsourcing Companies.Clutch is a B2B market research firm that evaluates
and ranks technology service providers, recognizing businesses that have gone above and beyond for their clients. It is an honor for a company to get featured
in the list as well as a mark of its exceptional service excellence.Before releasing ratings, Clutch thoroughly analyses companies’ score that is based on:
• Quality and quantity of verified client reviews
• Recency of verified client reviews
• Offered services
• Portfolio of clients
• Brand reputation
• Visibility in its target market
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Mercer Receives 2020 FutureEdge 50 Award from IDG
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Mercer has been named an honoree of a 2020 FutureEdge 50 Award from IDG’s CIO. This prestigious honor is awarded to organizations
pushing the edge with new technologies to advance their business for the future. Mercer will accept its award at the AGENDA20 Conference
held March 23 – 25 at the Sawgrass Marriott Golf Resort & Spa in Ponte Vedra Beach, Florida.The FutureEdge 50 awards recognize
organizations pushing the edge with new technologies to advance their business for the future. The successor to the Digital Edge 50 awards,
the FutureEdge 50 will recognize not only established initiatives driving business success but also early-stage projects pursued for their
watershed potential. These initiatives may be in R&D, proof of concept or pilot phases. With this, the FutureEdge 50 awards aim to bring the
most cutting-edge trials and applications of emerging technologies – and the innovative cultures enabling them — to our audience at the
AGENDA conference.CIO focuses on attracting the highest concentration of enterprise CIOs and business technology executives with
unparalleled expertise on business strategy, innovation, and leadership. As organizations grow with digital transformation, CIO provides its
readers with invaluable peer insights on the evolving CIO role as well as how leading IT organizations are employing technologies, including
automation, AI & machine learning, data analytics and cloud, to create business value.
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Mindtree Named a Market Leader in Digital Business Solutions and Services
by ISG
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39
Mindtree, a leading digital transformation and technology services company, announced it has been recognized as a market leader in digital business solutions in the U.S.
by Information Services Group (ISG), a leading global technology research and advisory firm. According to the ISG Provider Lens™ Digital Business Solutions and
Services Report for the U.S., Mindtree was among the leading providers in Digital Backbone Managed Services (Midmarket), and Digital Product Lifecycle Services
(Midmarket).The ISG Provider Lens™ Digital Business Solutions and Services Report for the U.S. outlines the capabilities of 39 of providers across seven quadrants.
The series draws insights on service provider capabilities from focused surveys, briefings, interviews with providers, input from ISG advisors, ISG benchmarking data,
and data drawn from the ISG Contracts Knowledgebase™ and ISG Engagement Database™. The series is a complement to the ISG Provider Lens Archetype reports,
which offer a first-of-its-kind evaluation of providers from the perspective of specific buyer types.ISG (Information Services Group) (Nasdaq: III) is a leading global
technology research and advisory firm. A trusted business partner to more than 700 clients, including more than 70 of the top 100 enterprises in the world, ISG is
committed to helping corporations, public sector organizations, and service and technology providers achieve operational excellence and faster growth. The firm
specializes in digital transformation services, including automation, cloud and data analytics; sourcing advisory; managed governance and risk services; network carrier
services; strategy and operations design; change management; market intelligence and technology research and analysis. Founded in 2006, and based in Stamford, Conn.,
ISG employs more than 1,300 digital-ready professionals operating in more than 20 countries—a global team known for its innovative thinking, market influence, deep
industry and technology expertise, and world-class research and analytical capabilities based on the industry’s most comprehensive marketplace data.
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NCC Group awarded TISAX security label for German car industry security
assessments
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NCC Group has been successfully accredited and awarded a security label from ENX to perform automotive
security assessments for the German car manufacturing industry through the TISAX framework. TISAX (Trusted
Information Security Assessment Exchange) is a cybersecurity framework developed by the Verband der
Automobilindustrie (VDA), the German Automobile Industry Association. Automotive manufacturers wanting to
process sensitive customer information or evaluate the information security of suppliers can use TISAX as a
supporting framework to help them with their assessments. TISAX Assessments cover information security
management, data protection, connections with third parties and prototype protection.TISAX is a registered
trademark and governed by ENX Association. ENX Association governs TISAX on behalf of the VDA.
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NTT DATA Named a Leader and Star Performer in Blockchain Services 2020
Report by Everest Group
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NTT DATA announced the company has been named a Leader and Star Performer in blockchain services by Everest Group in their
recently published "Enterprise Blockchain Services PEAK Matrix™ Assessment 2020 report" highlighting the top IT services providers
that leverage blockchain to support client initiatives. NTT DATA's partnerships and business strategy approach, capabilities and
experience in developing blockchain solutions across diverse industries have helped solidify its leader position once again. Its education
and design-thinking workshops help clients understand how blockchain can benefit their business challenges. With more than 70 use
cases, NTT DATA has experience with a wide spectrum of business solutions including payments, cross-border transfers, identity
management, KYC etc. in banking and insurance; supply chain track and trace, trade finance, loyalty programs in retail and
manufacturing and health data management, clinical trials management in healthcare and life sciences.NTT DATA is a leading IT services
provider and global innovation partner headquartered in Tokyo, with business operations in over 50 countries. Their emphasis is on
long-term commitment, combining global reach with local intimacy to provide premier professional services varying from consulting and
systems development to outsourcing.
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QuEST Global recognized as a Leader in Zinnov Zones for Automotive
ER&D services
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42
QuEST Global, a global product engineering and lifecycle services company, announced that it has been positioned as a leader in the Zinnov Zones 2019 Automotive
Engineering and R&D (ER&D) Services report. This industry benchmarking report was published by Zinnov after completing the comprehensive assessment of 26
Global Engineering Service Providers to evaluate their overall Automotive ER&D services capabilities. The engineering service providers were evaluated based on 30+
parameters and sub-parameters in different automotive micro-verticals such as Advanced Driver Assistance Systems (ADAS), body engineering, cockpit electronics,
electric powertrain and telematics. In the report, Zinnov recognized the leadership capabilities of QuEST Global in Body Engineering, especially considering its deep
expertise in concepts, styling, design, modelling and simulation applied to interiors, exteriors, dashboard, center consoles etc. Zinnov has also recognized growing
capabilities of QuEST Global in the cockpit electronics, ADAS, and powertrain by positioning the company in the execution zone in these segments. Such recognition
is a true reflection of how the company is enabling its customers to Create the Frontier by advancing the ways people travel, live, work and engage with each other.As a
trusted thinking partner, QuEST Global has been working with the world’s most recognized companies in automotive industry for the last two decades. The company is
committed to enable its customers to Create The Frontier by advancing the ways people drive, travel and interact with each other. Being at the forefront of the
convergence of Mechanical, Electronics, Software and Digital Engineering Innovations, the company is helping OEMs and Tier 1 suppliers to address the growing
demand of providing connected engineering experience to the end customers. By developing comprehensive engineering services and solutions, QuEST Global has been
partnering with its automotive customers for overcoming the new-age engineering challenges and make products safer and more reliable in today’s digital age.
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Sopra Steria’s leadership on Climate Action recognised by CDP for the third
consecutive year
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43
Sopra Steria, a European leader in consulting, digital services and software development, has been recognised as a global leader on corporate climate action by its inclusion in the CDP Climate Change ‘A’ List for the
third consecutive year. Inclusion in the CDP Climate Change ‘A’ List rewards Sopra Steria for pursuing an ambitious environmental sustainability programme as part of its wider Corporate Responsibility strategy and
making climate action ‘business as usual’ in its operations, supply chain and services to clients. CDP’s annual environmental disclosure and scoring process is widely recognized as the gold standard of corporate
environmental transparency. In 2019, over 525 investors with over US$96 trillion in assets and 125 major purchasers with US$3.6 trillion in procurement spend requested companies to disclose data on environmental
impacts, risks and opportunities through CDP’s platform and over 8,400 responded.
Sopra Steria’s successful environmental sustainability programme over the past five years included:
• Developing a culture with employees that embraces the best practice of Circular Economy and sound Environment Management principles
• Setting long-term, science-based reduction targets for greenhouse gas emissions (including Supply Chain), approved by the Science Based Target Initiative (SBTi), required to limit the rise in global average temperatures
to 1.5°C
• Implementing projects to reduce greenhouse gas emissions such as consumption reduction, moving to renewable energy, moving to energy efficient offices, leveraging technology to reduce business travel and using
low-carbon modes of travel
• Being CarbonNeutral® for business travel, offices and data centres
• Supporting our clients to become more sustainable through our services and solutions
• Showing Thought Leadership and engaging with the European UN Global Compact Peer Learning Group on Climate
Building on its success, Sopra Steria adds further momentum by:
• Becoming a founding partner of Make.org for the Grande Cause Environment, the biggest public consultation on the environment ever launched in France
• Entrepreneurship for Tomorrow Award - the Grand Prize of the Sopra Steria-Institut de France Foundation - rewarding and supporting students and young entrepreneurs who are committed to digital responsibility, with
a focus on the environment in 2020.
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Tech Mahindra Recognized as a ‘Leader’ in Automotive Engineering Services
by Everest Group PEAK Matrix™
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Tech Mahindra Ltd. a leading provider of digital transformation, consulting and business reengineering services and solutions, has been recognized as a
‘Leader’in the Everest Group Automotive Engineering Services PEAK Matrix® Assessment for the year 2019. Focus on proactive investments in innovation
labs, certifications in next generation technologies, key acquisitions to strengthen the digital portfolio, and Tech Mahindra’s end-to-end offering across
domains to enable customer’s digital transformation journey were amongst the key assessment criteria. As part of this report, Everest Group classified service
providers on the PEAK Matrix® into Leaders, Major Contenders, Aspirants, and positioned Tech Mahindra as a “Leader” for its strong capabilities in
automotive engineering services.Tech Mahindra was evaluated across a range of parameters such as “vision & capability” and “market impact” including
services, products, solutions and locations. It was positioned as a ‘Leader’ based on - top quartile performance across market success; delivery capability
captured through ability to deliver services successfully through scale, scope, enabling capabilities and delivery footprint; expertise in, and driving focus on
technologies of the future, investments in strategic platforms; customized industry specific solutions and advisory role in a customer’s digital transformation
journey.Tech Mahindra’s Integrated Engineering Solutions (IES) delivers solutions enabling “Digital Engineering Enterprise” across Aerospace and Defense,
Automotive, Industrial, Telecom, Hi-Tech, Healthcare, Transportation and ISVs. With 50+ exclusive engineering development centers supporting new
program launches and 120+ marquee global customers, Tech Mahindra IES is an established leader for Engineering Services in the industry.
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Tech Mahindra’s Diversity and Inclusion Initiatives Recognised by
Bloomberg
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Tech Mahindra Ltd. a leading provider of digital transformation, consulting and business reengineering services and solutions, announced that its
diversity and inclusion initiatives have been recognised by Bloomberg. Tech Mahindra is amongst the only three Indian companies to be included
in the Bloomberg 2020 Gender-Equality Index (GEI). GEI measures gender equality across five pillars - female leadership and talent pipeline,
equal pay and gender pay parity, inclusive culture, sexual harassment policies, and pro-women brand. Tech Mahindra was evaluated on the basis
of financial performance committed to supporting gender equality through policy development, representation, and transparency.As part of this
report the index includes 325 companies across 50 sectors headquartered across 42 countries and regions. This year, Bloomberg expanded the
eligibility for inclusion in the index to nearly 6,000 companies across 84 countries and regions. In 2019, the GEI had 230 companies from 36
countries and regions.Tech Mahindra has been one of the early adopters of laying out an inclusive and non-negotiable, diversity and inclusion
(D&I) policy. As part of TechMHRNxt, under Tech Mahindra’s TechMNxt charter, an initiative to provide the ‘workplace of the future’ and
enhance employee experience, dignity of each associate is upheld as one of our core values. At Tech Mahindra, diversity is an instrument of
growth, and the uniqueness of every individual is celebrated by fostering an environment of inclusion and empowerment.
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UST Global Honored As One Of The Top 100 Best Places To Work In 2020
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UST Global, a leading digital transformation solutions company, has been honored with a Glassdoor Employees' Choice Award, recognizing the company as
one of the Top 100 Best Places to Work in 2020. Additionally, it was featured among the top 31 tech companies in this year's ranking. The Employees’Choice
Awards program, now in its 12th year, is based solely on the input of employees, who elect to provide feedback on their jobs, work environments, and
companies on Glassdoor, one of the world’s largest job and recruiting sites. UST Global employees gave an average of 4.3 out of 5 in their reviews for
working at the company. UST Global, a fast-growing organization that provides advanced digital transformation services, products, and platforms to Global
1000 and Fortune 500 enterprises around the world, has a deeply rooted culture founded in the company's mission of ‘Transforming Lives'.UST Global was
also recently recognized as ‘Great Place to Work’® in India and US geographies. Earlier this year, the company also got into the top 100 list for Best
Companies for Women (BCWI) and Most Inclusive Companies Index (MICI) by Working Mother & Avtar100.UST Global is a leading digital technology
solutions company that provides advanced computing and digital services to large private and public enterprises around the world. Its clients include Fortune
500 companies in banking and financial services, insurance, healthcare, retail, manufacturing, shipping, technology, semi-conductor and telecom. UST
Global believes in building long term, strategic business partnerships through client-centric global engagement models that combine local experts and
resources with the cost, scale, and quality advantages of global operations.
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Wipro positioned as a Leader in Networks - Software defined solutions and
services for UK and Nordics
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Wipro Limited a leading global information technology, consulting and business process services company, announced that it has been positioned as a Leader in ISG Provider
Lens™: Network - Software Defined Solutions and Services quadrant report for Nordics and the U.K. The reports were authored by AvimanyuBasu. ISG recognized Wipro
after evaluating the capabilities of 153 providers across seven quadrants: Managed WAN Services; Mobile Network (4G/5G) Additional (non-core) Services; SDN
Transformation Services (Consulting and Implementation); SD-WAN Equipment and Services (DIY); SDN Security Services; SD Network Technologies (Core), and SD
Network Technologies (Mobile to Edge). Wipro has been named a ‘Leader’ in Managed WAN Services, SDN Transformation Services (Consulting & Implementation), SDN
security services, SD Network Technologies (Core) and SD Network Technologies (Mobile to Edge) quadrant in the ISG Provider Lens™: Network - Software Defined
Solutions and Services quadrant report for Nordics. Separately in the ISG Provider Lens™: Network - Software Defined Solutions and Services quadrant report for UK, Wipro
has been acknowledged as a Leader in Managed WAN Services, SDN Transformation Services (Consulting & Implementation), & SDN security services and a ‘Rising star’ in
Mobile Network (4G/5G) Additional (non-core) Services, SD Network Technologies (Core) and SD Network Technologies (Mobile to Edge) quadrant. The ISG Provider Lens
™: Network - Software Defined Solutions and Services quadrant report for Nordics highlights that Wipro’s OEM-agnostic approach, flexible delivery, versatile engagement
model, and skilled workforce combined with a global footprint, an array of IP and tools have helped the company deliver reliable and holistic AI, RPA-driven solutions to
customers. According to the ISG Provider Lens™: Network - Software Defined Solutions and Services quadrant report for UK, Wipro brings in the right mix of automation,
AI and strategic consulting capabilities for a client looking for network optimization and not necessarily transformation. The company has a significant and reliable managed
services portfolio for traditional WAN and SD-WAN in the UK along with a vast enterprise client base.
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Wipro Positioned as a Global Market Leader in Software Defined Network
Solutions and Services by ISG
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Wipro Limited, a leading global information technology, consulting and business process services company, announced that it has been positioned as a Leader in
ISG Provider Lens™: Network - Software Defined Solutions and Services Global 2019 quadrant report authored by Kenn Walters. The ISG Provider Lens™
Network – Software Defined Solutions and Services Global 2019 quadrant report evaluates the capabilities of 153 providers across seven quadrants: Managed
WAN Services; Mobile Network (4G/5G) Additional (non-core) Services; SDN Transformation Services (Consulting and Implementation); SD-WAN Equipment
and Services (DIY); SDN Security Services; SD Network Technologies (Core), and SD Network Technologies (Mobile to Edge). It highlights that Wipro produces
highly innovative solutions backed by expertise, toolsets, methods and processes, including Artificial Intelligence (AI) & Robotic process Automation (RPA), and
is an important provider of advanced security packages within SDN globally. Wipro has been recognised as a Leader in Managed WAN Services, SDN
Transformation Services (Consulting & Implementation) and a Rising Star in SDN Security Services quadrant in the report. According to ISG analysts, “Wipro’s
managed network services are consulting led, covering both off-the-shelf and highly tailored client-specific solutions. These include Wipro Digital’s Designit, ITIL
integrated service platforms, governance via Wipro SmartView, Cloud Trust Security framework, Wipro Holmes™ RPA/AI methods and toolsets and Wipro
WANTAGE. It also offers partner solutions and products from leading OEM’s. Wipro’s SD network services portfolio falls under its “connected future” practice
and includes data center networks, WAN, SD-WAN and SDN/NFV areas, utilizing Swift SDN and #WANFreedom. Delivery is supported throughout the
operational deployment and is managed by a vast array of toolsets, products and processes.”
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Accenture Federal Services Wins Position on Defense Information Systems
Agency Contract for Innovative Technology Solutions
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Accenture has been awarded an indefinite delivery, indefinite quantity (IDIQ) contract with Defense Information Systems Agency (DISA) to provide systems
engineering and technology solutions that transform the way soldiers interact with Department of Defense information technology (IT) and to implement next-generation
technology advancements.DISA’s Systems Engineering, Technology, and Innovation (SETI) award is a five-year base IDIQ contract, with a five-year option period, with
a ceiling of $7.5 billion. The SETI contract is designed to address current and future mission requirements and increase IT capabilities through disruptive innovation. The
goal of the contract is to help DISA streamline critical engineering functions for the research, design, development, integration and optimization of defense IT
capabilities, systems and solutions.Under the terms of the agreement, Accenture Federal Services (AFS) and its teaming partners will compete for task orders to provide
cloud, application and cyber solutions with an overarching emphasis on innovation.Accenture Federal Services, a wholly owned subsidiary of Accenture LLP, is a U.S.
company with offices in Arlington, Virginia. Accenture’s federal business has served every cabinet-level department and 30 of the largest federal organizations.
Accenture Federal Services transforms bold ideas into breakthrough outcomes for clients at defense, intelligence, public safety, civilian and military health
organizations.Accenture is a leading global professional services company, providing a broad range of services and solutions in strategy, consulting, digital, technology
and operations. Combining unmatched experience and specialized skills across more than 40 industries and all business functions — underpinned by the world’s largest
delivery network — Accenture works at the intersection of business and technology to help clients improve their performance and create sustainable value for their
stakeholders. With 505,000 people serving clients in more than 120 countries, Accenture drives innovation to improve the way the world works and lives.
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Accenture Federal Services Awarded HUD BPA to Advance the Modernization
of Ginnie Mae’s Securitization Platform
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Accenture has been awarded a position on a blanket purchase agreement (BPA) to provide the Government National Mortgage Association (Ginnie Mae)
with information technology software development services and to modernize the proprietary applications, databases and systems that comprise Ginnie
Mae’s securitization platform technologies. The $127 million BPA — awarded by the U.S. Department of Housing and Urban Development (HUD) under
which Ginnie Mae operates — is for a multi-award contract over five years. Accenture Federal Services (AFS) was one of four contracting firms receiving
the award. The modernization of Ginnie Mae’s securitization platform involves applying innovative practices, including Agile software development, and
integrating new technologies, such as robotic process automation, to upgrade Ginnie Mae’s critical business operations. The transformation will help Ginnie
Mae deliver increased transparency, improve service delivery to issuers and investors, and adapt to evolving mortgage industry standards.To help accelerate
Ginnie Mae’s modernization priorities, AFS will engage the newly expanded Accenture Federal Digital Studio, a collaborative environment where AFS
professionals use the ground-breaking service design principles of Fjord, Accenture Interactive’s award-winning design consultancy, to help clients across
all sectors of the federal government create citizen-and user-centric solutions.To deliver the full scope of work necessary to modernize Ginnie Mae’s
securitization platform, AFS has teamed with Guidehouse, which has significant experience within the commercial and federal financial services industry
and also serves as Ginnie Mae’s securitized transactions financial advisor. In addition, subcontractor Clarifire will provide its robust workflow automation
platform to provide additional capabilities to Ginnie Mae.
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Accenture Helps French Reinsurer SCOR to Transform Its Finance Function
with ServiceNow
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Accenture and ServiceNow have helped SCOR, one of the world’s largest reinsurers, to transform its internal finance function by digitizing key business processes
to improve workflow management and enable real-time reporting. Previously, many key processes within the finance function, including the quarterly-close
process, were conducted manually, using spreadsheets, email and the telephone. This posed a great challenge, given the complexity of managing processes across
the company’s more than 100 legal entities spread across six continents. As part of its work, Accenture helped SCOR implement ServiceNow’s Service Portal and
Now Platform® as the underlying technology enabling the transformation and simplifying critical business functions. The new system currently handles
approximately 30 key finance processes, some of which integrate robotic process automation. The automation has reduced the workload of some processes by as
much as 40 days per year. As a result, employees can spend more time on business-critical functions rather than on labor-intensive administrative tasks. The
digitization and consolidation of disparate actions into a single process also improves the auditing process and enhances data security — enabling the company to
reduce risk, improve transparency and enhance the user experience for finance personnel.
Key finance tasks that are now fully automated include:
• entity sign-off for quarterly reporting (including the operating entities, the entities’ chief financial officers, and auditors, among others);
• financial adjustments at the quarter-end closing process, including audit trails; and
• bi-weekly intra-group transactions, enabling the company to collect sign-offs and better facilitate audit trails of transactions.
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Accenture Helps United Utilities Build and Deploy a Digital Workforce
Management Solution, Based on Salesforce Platform
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Accenture has helped United Utilities, the U.K.’s largest listed water company, build and deploy a new digital workforce management solution built on the
Salesforce platform, enabling the company to improve the service it provides to its 7 million customers. To simplify processes, provide enhanced visibility
of contractor work and customer data, optimize network maintenance, and resolve issues more quickly, United Utilities sought a solution that could support
multiple contract partners and integrate their data on a single platform.As part of the project, Accenture helped the utility — which manages the regulated
water and wastewater network in North West England — evaluate and select the optimal platform for the solution, creating a roadmap for transformation.
Accenture then implemented a comprehensive solution and managed the migration of 4 million customer records to the system, digitizing processes for a
workforce previously reliant on multiple outdated technologies.The new solution manages and optimizes the work, scheduling and customer engagement
related to the repair and maintenance of United Utilities’ 120,000 kilometer-long water and wastewater network. This includes the raising of work, work
schedule optimization, work dispatch, and tracking of progress updates from field technicians via mobile devices in real time. Beyond reactive maintenance,
the solution also deploys sub-contractors for planned maintenance on below-ground assets, such as pumps, valves and pipes.The solution is designed to
enable United Utilities to realize substantial cost savings, with the company predicting a return on its investment within six months and enabling savings of
£110 million over five years. The solution should also support the demands of industry reporting standards from the outset while adapting to regulatory
changes as they occur.
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Atos empowers researchers at the University of Luxembourg with its
BullSequana XH2000 supercomputer
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Atos, a global leader in digital transformation, has signed a 4-year contract to supply its BullSequana XH2000 supercomputer, to the University of
Luxembourg, renowned European university and international leader in research. The supercomputer, named as ‘AION’, will allow the university
to further accelerate research and to face global competition, by achieving cutting-edge results. The BullSequana XH2000 supercomputer will give
researchers 1.5 times more computing capacity than previously, with a theoretical peak performance of 1.7 petaflops which will complement the
existing supercomputing cluster. It will be equipped with AMD EPYC™ processors and Mellanox InfiniBand HDR technology, connected to a
DDN storage environment. The new supercomputer will be used by the University and its European and international partners to accelerate the
research performed in intensive computing and large-scale Big Data analytics. This includes cutting-edge developments for research in various
domains such as particle physics, material sciences, theoretical chemistry, earth sciences, numerical weather prediction, astrophysics, cryptology,
artificial intelligence, and economical simulations.Atos is a global leader in digital transformation with over 110,000 employees in 73 countries
and annual revenue of over € 11 billion. European number one in Cloud, Cybersecurity and High-Performance Computing, the Group provides
end-to-end Orchestrated Hybrid Cloud, Big Data, Business Applications and Digital Workplace solutions. The group is the Worldwide Information
Technology Partner for the Olympic & Paralympic Games and operates under the brands Atos, Atos Syntel, and Unify. Atos is a SE (Societas
Europaea), listed on the CAC40 Paris stock index.
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Atos supercomputer to enhance weather prediction capabilities for leading
European numerical weather centre ECMWF
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Atos, a global leader in digital transformation, has signed a new four-year contract worth over €80 million (approximately £67.8
million) with the European Centre for Medium-Range Weather Forecasts (ECMWF) to supply its BullSequana XH2000
supercomputer, which is one of the most powerful meteorological supercomputers in the world. It will increase ECMWF’s computing
power by a factor of around 5 and will support hundreds of researchers from over 30 countries across Europe in their work on medium
and long-range weather forecasting and prediction. Notably, it will enable them to reliably predict the occurrence and intensity of
extreme weather events significantly ahead of time, essential to respond to the climate and weather crisis facing us today.Atos has
successfully deployed BullSequana systems at many leading European supercomputing centres that either undertake production or
research work into weather forecasting, earth systems and climate modelling including Meteo France, the German Climate
Computing Centre, the Spanish AEMet, Royal Netherlands Meteorological Institute and Plymouth Marine Laboratory in the UK.
Atos is also a partner of the ECMWF and other national weather centres in the ESCAPE2 and ESIWACE2 European projects
developing next generation weather models which contribute to informing the future of atmospheric sciences.
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U.S. Navy awards BAE Systems $175 million for guided-missile cruiser
modernization
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BAE Systems has received a $175 million contract from the U.S. Navy to modernize the guided-missile cruiser USS Vicksburg (CG 69).
The Vicksburg will undergo approximately 18 months of work at the company’s shipyard in Norfolk, Va., the ship’s homeport. The
modernization period (MODPRD) contract includes options that, if exercised, would bring the cumulative value to $175.1 million. BAE
Systems initiated the first phase of Vicksburg’s modernization program in May 2017. The company will begin the final phase of work,
called MODPRD, later this month. Under the new contract, the shipyard’s employees and industry partners will work on the ship’s
weapons and engineering equipment, including its gas turbine propulsion system; restore crew habitability spaces, and support the
installation of a new Aegis combat system, communication suite and CANES (Consolidated Afloat Network Enterprise System). The
Vicksburg’s MODPRD is scheduled to be complete in July 2021, allowing the ship to rejoin the operational fleet afterward. BAE
Systems’ Norfolk shipyard also is performing similar work on the guided-missile cruiser USS Gettysburg (CG 64). The Gettysburg’s
MODPRD work began in January 2019 and is expected to be complete in fall 2020. The Gettysburg and Vicksburg were commissioned
in the early 1990s. BAE Systems’ work is expected to extend the service lives of both ships into the mid-2030s.
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BAE Systems to Provide Technical Support and Life Cycle Sustainment
to the U.S. Navy Naval Air Warfare Center Aircraft Division
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BAE Systems has been awarded a prime position on a five-year IDIQ contract. The U.S. Navy has awarded BAE Systems a
prime position on a five-year, $34.9 million indefinite delivery/indefinite quantity (IDIQ) contract to provide life cycle
sustainment and technical support for the Naval Air Warfare Center Aircraft Division’s (NAWCAD) Special Communications
Mission Solutions Division. The contract was awarded through the Naval Air Warfare Center Aircraft Division Contracting
Office.Through this award, BAE Systems will support and sustain variety of C5ISR systems embedded within vehicles,
watercraft, and specialized communications platforms in the NAWCAD inventory. The company’s C5ISR efforts will include
maintaining and upgrading command, control, communications, computers, cyber, intelligence, surveillance, and
reconnaissance systems, integrated and networked to improve the situational awareness of military operators and decision
makers. Work on this program will be performed in forward deployed mission locations include Central Command
(CENTCOM) and Africa Command (AFRICOM) Areas of Responsibility (AOR).
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U.S. Navy Awards Booz Allen $178m GPS Contract
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The U.S. Navy's Naval Information Warfare Center, in partnership with the U.S. Air Force Space and Missile Systems Center (SMC),
has awarded Booz Allen Hamilton a $178 million contract to provide technical engineering services toward the modernization of
advanced Global Positioning System (GPS) systems. The NIWC Pacific Positioning, Navigation, and Timing (PNT) Division is the
Navy’s principal research and development center for navigation sensors and systems. SMC is the center of technical excellence for
developing, acquiring, fielding, and sustaining resilient and affordable military space systems. By executing this contract, Booz Allen
will continue to serve as a key mission partner for NIWC Pacific and SMC on the important endeavor of modernizing PNT systems
for U.S. and Allied warfighters. In order to execute this highly complex scope of work, Booz Allen will provide a range of essential
services, including system definition, requirements synchronization, capability improvement, cybersecurity engineering, platform
integration and testing, and acquisition program management. Specifically, Booz Allen’s work will aid in the development and
modernization of GPS systems through major programs such as Military GPS User Equipment, GPS III, and Next Generation
Operational Control System.
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BNP Paribas Cardif selects CGI for worldwide support in complying with
new IFRS 17 regulation
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CGI and BNP Paribas Cardif, the world leader in bancassurance partnerships and creditor insurance1, have signed a new agreement for the delivery
of services to support the insurer's compliance with the International Financial Reporting Standard (IFRS) 17. Led by its operations in France, CGI
will provide business consulting and system integration services for a 21-month period to help BNP Paribas Cardif comply with IFRS 17 before
its January 1, 2022 effective date. Issued by the International Accounting Standards Board, IFRS 17 redefines the way insurers calculate and report
margin on insurance contracts. These new rules impact actuarial modelling, closing processes and accounting, as well as IT systems and
operations. Compliance with IFRS standards is required in 100+ countries worldwide and permitted in many other countries. Covered insurers are
in the process of assessing the new standard and evaluating their obligations and options as the January 1, 2022 effective date looms on the horizon.
CGI, a leading end-to-end services provider, signed a partnership in 2018 with Moody's Analytics, a leading provider of financial intelligence, to
support insurance companies with the implementation of the Moody's Analytic's RiskIntegrity™ solution for IFRS 17. CGI's partnership with
Moody's Analytics, combined with its business consulting and systems integration capabilities, were key to its selection for this contract. CGI will
work with BNP Paribas Cardif's actuarial, finance and IT teams to implement and deploy the RiskIntegrity solution for IFRS 17 within the
company, using an innovative, end-to-end methodology.
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Bixby Research and Analytics Turns to Rightpoint's Technology Capabilities to Develop
the First Comprehensive Platform Dedicated to the Private Debt Market
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59
Bixby Research and Analytics, a financial technology company that is modernizing information flow, announced that it has launched the first comprehensive web
platform dedicated to the private debt market – and selected Rightpoint, a Genpact company (NYSE: G), and the digital consultancy with technology at its core,
for its experience design and development capabilities. The platform connects asset managers and hedge funds to real-time market moving news and financial
information for companies in the private debt market. Over the last several decades, the asset management industry has seen unprecedented advances in
technology; however, when you step back and look at where this advancement is taking place, it's been almost solely confined to the public market. Over the same
time, private market information flow has remained antiquated with virtually no resources available to investment professionals.Bixby Research and Analytics
turned to Rightpoint in 2019 for its best-in-class technology and experience-led approach to bring the concept to life. Bixby's web portal went live in late 2019
providing asset managers and hedge funds with real-time news, financial data and detailed portfolio information that is specifically tailored to each client's needs.
With the private debt market being one of the fastest growing, and most underserved segments in the asset management world, Bixby Research and Analytics is
uniquely positioned to become an industry leader in the fintech market.Bixby Research and Analytics connects asset managers and hedge funds to market moving
news and financial information for companies in the private debt market. Bixby's proprietary software platform is tailored to each client's portfolio, delivering
valuable updates for the most difficult to manage positions. Just as investment strategies adapt to changing market conditions, information flow should adapt to
changing technology.
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Unisys to Provide Secure Service Desk, End User Support and Infrastructure Operations and Engineering
Services to the U.S. Department of Health and Human Services' Office of the Inspector General
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Unisys Corporation announced that the U.S. Department of Health and Human Services (HHS) selected the company to provide secure service
desk, end user support and infrastructure operations and engineering services to the department's Office of the Inspector General (OIG). Under the
task order, the company will deliver capabilities of its Unisys Digital Workplace Services and the Unisys InteliServe™ platform for service desk
managed services.Delivery of these services will support the OIG mission to improve HHS programs and operations and protect them against
fraud, waste and abuse. The new task order, worth up to $30.5 million and awarded in the third quarter of 2019, will run up to 4.5 years upon
exercise of all the available options by HHS. Awarded under the National Institutes of Health's Chief Information Officer-Solutions and Partners
3 (CIO-SP3) indefinite delivery/indefinite quantity government-wide acquisition contract, the task order calls for a six-month base period,
followed by four one-year option periods.To help the OIG achieve its goals, Unisys will leverage InteliServe, a set of managed services for end
user support and secure infrastructure operations capabilities. As a result, OIG employees will have direct, seamless and secure access to the tools
and information they need – enabling greater employee productivity, collaboration and efficiency. Unisys will also provide security services
including endpoint protection, network access control, continuous diagnostics and mitigation and identity management.
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Ohio State Launches Innovative Internship Program with Accenture in
OSU’s Translational Data Analytics Institute
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Building on a more than 20-year history of successful partnership, The Ohio State University (OSU) and Accenture announced a new internship
program with OSU’s Translational Data Analytics Institute (TDAI) to provide students hands-on, real-world experiences in the field of data and
analytics. TDAI is designed to address complex global problems by providing the space and tools for faculty, students, and industry and
community partners to come together to create innovative solutions using data science and analytics. Accenture will work with TDAI as a
foundational corporate partner, providing business expertise and generating research ideas while helping students build analytical skills and
explore careers in data science.Prior to the initiative with TDAI, Accenture has supported a wide array of initiatives at Ohio State, including the
Fisher College of Business and the College of Engineering in the company’s annual Innovation Challenge and sponsoring HackOHI/O and the
Buckeye Undergraduate Consulting Club.This new initiative comes amid Time and Change: The Ohio State Campaign, the most ambitious,
inclusive community-building and fundraising endeavor in the university’s 150 years of making history. The campaign, which launched publicly
in October 2019, strives to engage one million supporters, an unprecedented level in higher education. Time and Change has a financial goal of
$4.5 billion — also the largest in Ohio State’s history — with three core areas of focus: student success; discovery; and healthy, vibrant
communities.
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Accenture Announced as Executive Partner of the American Council of Life
Insurers
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Accenture has been announced as Executive Partner of the American Council of Life Insurers (ACLI), providing ACLI members with insights and
research through its Accenture Life Insurance Services practice to help carriers pursue digital transformation and innovation initiatives. ACLI
advocates on behalf of 280 member companies that provide financial and retirement security services to a total of 90 million U.S. families. As part
of the relationship Accenture will provide ACLI members with practical information on adopting emerging technologies, growing sustainably in
the digital economy and scaling innovations to achieve more value from their technology investments.Accenture helps insurers drive growth with
digital innovation, platform modernization, improved product distribution, and enhancing their relevance with customers using analytics.
Accenture Life Insurance & Annuity Platform (ALIP) is part of Accenture Life Insurance Services.Accenture is a leading global professional
services company, providing a broad range of services and solutions in strategy, consulting, digital, technology and operations. Combining
unmatched experience and specialized skills across more than 40 industries and all business functions — underpinned by the world’s largest
delivery network — Accenture works at the intersection of business and technology to help clients improve their performance and create
sustainable value for their stakeholders. With 505,000 people serving clients in more than 120 countries, Accenture drives innovation to improve
the way the world works and lives.
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Accenture and Qualcomm Technologies Collaborate with InterContinental Hotels
Group to Pilot Extended Reality Solution to Transform Event Planning
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63
Accenture and Qualcomm Technologies, Inc. have collaborated with InterContinental Hotels Group to pilot a solution that uses augmented and virtual reality
to reinvent the event planning experience. Developed by the Accenture Extended Reality (XR) practice, in collaboration with Qualcomm Technologies, the
XR Event Planner solution places event planners, buyers and hotel sales staff side-by-side in a virtual reconstruction of an event space, allowing them to
remotely envision and configure the layout in real-time. Piloted at InterContinental® Los Angeles Downtown, the proof-of-concept recreates the hotel’s
iconic Hollywood Ballroom in 3D, including accurate reflections of architectural features, layout, lighting, carpet design, table settings and fabric patterns.
Users can modify room layouts, toggle between table and chair configurations, stage placement, decorations and lighting—all while collaborating remotely
and adding notes for colleagues or the hotel set-up crew. The solution represents an important step toward addressing challenges within the meetings and
events industry, a $330 billion annual market in the U.S. alone. Currently, booking event spaces can be a slow and expensive undertaking, requiring event
planners to scout geographically distant locations. The lengthy timeframe to close a sale results not only in lost opportunities, but also increased booking
costs for both property owners, event planners and end buyers. Feedback from focus group testing and market analysis that Accenture conducted shows that
the XR Event Planner could increase hotel revenue by up to eight percent. In addition, hoteliers estimate it could reduce sales cycle time, decrease booking
costs and improve brand loyalty and brand affinity, particularly with millennials.
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Luxoft Joins Microsoft Connected Vehicle Platform Ecosystem to Accelerate
Delivery of Connected Vehicle Solutions
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Luxoft, a DXC Technology Company announced that it is expanding its collaboration with Microsoft to accelerate the delivery of connected vehicle
solutions and mobility experiences. By leveraging the Microsoft Connected Vehicle Platform, Luxoft will enable and accelerate the delivery of vehicle
centric solutions and services that will allow automakers to deliver unique features such as advanced vehicle diagnostics, remote access and repair, and
preventive maintenance. Collecting real usage data will also support vehicle engineering to improve manufacturing quality.With the advances in
autonomous and shared vehicles driving the mobility revolution, automakers are looking for new ways to integrate consumers’ personalized digital
lifestyles into the driving experience. Connected vehicle solutions need to enable potentially millions of vehicles located throughout the world to deliver
familiar and intuitive experiences including infotainment, entertainment, productivity, driver safety and driver assistance.Luxoft is co-creating the
technology platforms of tomorrow and engineering them at scale, enabling car manufacturers and their suppliers to design and develop safe and
convenient customer experiences for personalized, smart and connected mobility – whether at home, in the car or on the go.Visit Luxoft at CES to view
the new advanced diagnostics vehicle solution based on the Microsoft Connected Vehicle Platform and to experience the future of shared and intelligent
mobility; booth #6928, North Hall, Tech East, Las Vegas Convention and World Trade Center.
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Luxoft and LG Electronics to Form Joint Venture to Enable Digital,
Consumer-grade Experiences in Automotive
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Luxoft, a DXC Technology Company, and LG Electronics (LG) announced that they will form an automotive joint venture to advance the deployment of
production-ready digital cockpit, in-vehicle infotainment, rear-seat entertainment (RSE) and ride-hailing systems based on the webOS Auto platform. The JV will
bring together one of the industry's most innovative automotive software engineering providers with one of the world's leading innovators in technology and home
entertainment.Luxoft will lead the deployment of webOS Auto platform in production-ready systems in automotive by contributing its global delivery network and
its engineering at-scale delivery organization.
Automakers and their key partners, fleet operators, and shared mobility services providers can already deploy webOS Auto to large-scale series production
systems, including:
• Digital Cockpit systems;
• Rear Seat Entertainment (RSE) for traditional needs;
• Rear Seat Entertainment (RSE) with ride-hailing mode; and
• Cabin and center stack display for ride-hailing systems.
It is anticipated that the JV will commence operations in the first quarter of 2020. The transaction is subject to regulatory approval and other customary closing
conditions.
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EY and SAP bring to market a capability to help insurers transform financial
reporting and implement accounting policy changes
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An EY and SAP collaboration has resulted in an approach to help insurance organizations transform their financial reporting data, systems and processes required to comply
with the industry’s new international and US reporting standards. The new standards are the International Accounting Standard Board’s (IASB) IFRS 17 and US GAAP Long
Duration Targeted Improvements (LDTI). Effective Jan. 1, 2022 for large public organizations, these standards will fundamentally change how insurance companies recognize,
measure, present and disclose insurance assets and liabilities, which may impact all aspects of businesses’ reporting processes. EY and SAP have combined insurance
accounting policy and data analytics experience with SAP S/4HANA® solutions for finance, accounting, and regulatory compliance, bringing to market an approach to help
insurers meet these new accounting reporting standards and better analyze their financial performance. The core of the approach is to deliver standardized IFRS 17/LDTI
financial analytics content (the EY IFRS 17/LDTI Intelligent Metrics Navigator) developed in the SAP® Analytics Cloud solution, which provides real-time dashboards of key
financial performance drivers under IFRS 17/LDTI and can be offered standalone or combined with certain related SAP products and the EY insurance industry suite for SAP,
designed to enable seamless operational efficiency and excellence in insurance processes. The full power of the analytics solution can be achieved when combined with the SAP
financial products subledger (FPSL) and general ledger, incorporating configuration templates, accounting policy interpretations and chart of accounts – a framework of
accounting entries – from EY. Combining these solutions and approaches from EY and SAP provides capabilities to help insurance companies accelerate implementation of a
compliant finance technology landscape and ultimately access granular financial steering data in real time. For clients seeking an end-to-end software as a service (SaaS)
solution for IFRS 17/LDTI, the integrated suite of tools can also be combined with the EY Digital Enablement Platform, which enables insurance companies to connect SAP
systems with other systems and provides seamless connections to in-house technology platforms.
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Infosys Partners with GEFCO to Support its Digital Transformation
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Infosys, a global leader in next-generation digital services and consulting has partnered with GEFCO, a world leader in multimodal
supply chain solutions and the European leader in automotive logistics, to support its digital transformation over the next five years. As
a key business and technology partner of GEFCO, Infosys will help transform the group’s next-generation business application
management services. Building upon the foundation of these services, Infosys will also leverage its Live Enterprise Suite to help GEFCO
evolve into a ‘Digital Native’ organization. This will enable new supply chain capabilities to extract and process information in real-time
and generate purposeful insights with very low latency to help GEFCO respond intelligently and effectively across the value chain. The
end objective is to help GEFCO create new sustainable sources of competitive advantage and continuously improve value for its
customers.GEFCO is a world leader in multimodal supply-chain solutions and the European leader in automotive logistics. Building on
70 years of expertise and the unique expertise of its 15,000-strong workforce, GEFCO designs smart, flexible solutions to meet the most
complex supply-chain challenges in every industry sector. Present in 47 countries, with an integrated global network, GEFCO serves 300
destinations worldwide.
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NCC Group achieves top-tier partner status with Splunk
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68
NCC Group has been promoted to the highest level of Splunk’s partnership programme. The data analytics company, which produces
platforms for searching, monitoring, and analysing information, has only awarded an elite status to three other UK partners. The
promotion has been driven by the rapid growth of our managed detection and response (MDR) services and a number of large deals
that have taken place over the last year, which have led to an increase in revenue generated for Splunk. As an elite partner, we will
benefit from higher levels of support from Splunk, including additional resources and training. It also reinforces our position as a
focus partner for the corporation, allowing NCC Group to work more closely with Splunk on its future strategy and engagement plans
for customers.Technical director at NCC Group, said: “This promotion is an exciting next step in our relationship with Splunk. We
are pleased to be recognised as one of their most valuable partners and are looking forward to working with the business as it
continues to grow.We are committed to bringing high-quality and data-rich security services to our customers, and this next stage of
our partnership with Splunk will allow us to strengthen our existing offering even further.”
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HCL Technologies Launches A Dedicated Microsoft Business Unit
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69
HCL Technologies (HCL), a leading global technology company, announced the launch of a dedicated HCL Microsoft Business Unit
focused on Microsoft technologies. This will extend Microsoft’s offerings of Business Applications, Microsoft Dynamics 365, Microsoft
Azure, IoT, and AI/Machine Learning, as well as help employees accomplish more in the modern workplace with Microsoft 365 and
Windows 10. The HCL Microsoft Business Unit will create intellectual property extending the Microsoft platform for customer-specific
scenarios and will also provide additional support to clients in the financial services, healthcare and life sciences, manufacturing, retail,
and travel industries. The business unit integrates one of the largest award-winning Microsoft Dynamics practices in the world with
PowerObjects, an HCL company, and will bring together more than 5500 professionals, reaching more than 2000 customers.HCL was
named a leader in IDC MarketScape: Worldwide Microsoft Implementation Services 2019 Vendor Assessment (doc # US45034818, May
2019). And Forrester ranks HCL as a leader in its report, The Forrester Wave™: Microsoft Dynamics 365 Services, Q2 2019. In addition,
Microsoft named HCL-PowerObjects as the winner of the “Microsoft 2019 Dynamics 365 for Customer Service Partner of the Year” and
“Financial Services Partner of the Year" awards.
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Accenture Announces Changes to Its Growth Model and Global Management
Committee
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Accenture announced changes to its growth model and Global Management Committee, effective March 1, 2020. Accenture will organize its market-leading
capabilities into four services: Strategy & Consulting, Interactive, Technology, and Operations. The company will manage its business through three geographic
markets — North America, Europe, and Growth Markets — instead of operating groups. Accenture will continue to go to market by industry and will expand its
global industry programs. At the same time, Accenture will be making leadership changes and expanding its Global Management Committee to include a broader
representation of leaders from its services and geographic markets. Accenture is making these changes at a time of unprecedented change for its clients. Digital
and technology are now core to their success, fueling the need for enterprise-wide transformation and continuous innovation. Digital disruption is blurring
traditional industry lines, making cross-industry expertise an imperative. This disruption and other changes are happening at the intersection of geography, industry
and technology. Given these dynamics, Accenture is increasing its agility to bring to its clients a unique range of services, from strategy to operations, with digital
skills everywhere. Embedded across these services are applied intelligence and deep industry, cross-industry and functional expertise. Accenture also will
accelerate innovation by moving seamlessly between global and local, leveraging its unmatched network of more than 100 innovation hubs and working even more
closely with its ecosystem partners to create solutions that create value at speed. These changes will make the company an even stronger partner of choice for
transformation and innovation.
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Accenture Opens New Intelligent Operations Center in Canada to Help
World’s Leading Companies Power Growth
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Accenture has opened an intelligent operations center in the Niagara region that serves as the hub for its newly launched intelligent
sales and customer operations business. Spanning 68,000 square-feet in downtown St. Catharines, the new “Niagara North” location
is Accenture’s second in the region and the company’s third intelligent operations center in Canada, with similar sites in nearby
Thorold, Ontario (“Niagara South”) and Fredericton, New Brunswick. The company plans to create an additional 100 local jobs by
2021 to support a variety of business functions such as marketing, sales, customer care and IT support. Local officials and
community groups are expected to attend the center’s opening event today, with St. Catharines’ Mayor Walter Sendzik taking part in
the ribbon-cutting.Other attendees expected at today’s opening include business leaders, like Enbridge and Metrolinx,which have
embarked on innovative initiatives with Accenture, using emerging technology, shared services models and process innovation to
drive sustained growth. For example, working with Accenture, Enbridge was able to reduce the call volume at its customer care center
by 20%, significantly reducing the cost to serve each customer.
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Accenture Opens Innovation Center for Situational Awareness in Singapore
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Accenture has opened a global innovation center for situational awareness in Singapore to help public safety organizations in Asia Pacific and
around the world develop solutions to anticipate and respond to threat and risk to their citizens, whilst maintaining their trust and confidence.
A vibrant collaborative environment, the center is designed to encourage breakthrough thinking between Accenture clients, the center’s
professionals, and digital innovators from the public and private sectors. The goal is to enable public safety organizations to make more
informed decisions and deliver better services and public safety outcomes to the citizens and communities they serve.This is Accenture’s first
innovation center dedicated to situational awareness technologies and will develop assets to enable clients to responsibly deploy innovative
technologies such as artificial intelligence (AI), the internet of things, blockchain, augmented reality and virtual reality.At the center,
Accenture will collaborate with leading technology companies including analytics software provider SAS – a strategic technology partner to
the center — to co-develop situational-awareness solutions that responsibly support the missions and operations of public safety agencies.
Technology specialists will apply design thinking methodologies to resolve the challenges faced by public safety agencies, transforming
agency data into real-time intelligence through situational awareness solutions powered by the latest analytics and AI technologies.
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Cognizant U.S. Foundation and Flatiron School Announce $1.2 Million Grant to Fund
New Technology Job Training Scholarships for Underrepresented Communities
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The Cognizant U.S. Foundation announced a $1.2 million grant to the Flatiron School for technology training designed to create job
opportunities for underrepresented communities, including women, minorities, veterans, and those with disabilities, in five cities. The funds
will be used to create the new NexTech 100 Scholarship program, providing participants with free classes and skills training for high-wage
technology jobs. The Flatiron School offers immersive in-person and online programs in four disciplines — Software Engineering, Data
Science, User Experience /User Interface Design, and Cybersecurity — and works with employers to help place graduates into well-paying,
in-demand technology jobs. In 2019, 93 percent of Flatiron School's job-seeking graduates secured employment, earning an average of
$74,566 for full-time salaried roles (within the reporting period for students who disclosed their compensation).The scholarships supported
by the Cognizant U.S. Foundation grant will be offered in five cities: Atlanta, Ga.; Chicago, Ill.; Denver, Colo.; Houston, Texas, and
Washington, D.C. Applications open on January 21, 2020 for those from historically disadvantaged groups and who are traditionally
underrepresented in the technology industry (e.g., women, people of color, veterans, people with disabilities). Additional preference will be
given to those without four-year college degrees and who have not previously worked in the role for which they are being trained.
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DXC Technology Cites Digital Twins as Business Imperative for Enterprises
Across Sectors
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DXC Technology cited digital twins as a business imperative for the next evolution of digital enterprises. Digital twins take advantage of the vast amounts of data from connected devices to
provide a detailed, data-based model of a physical system. As the internet of things (IoT) connects more and more of these devices within organizations, virtual simulations of physical
environments are becoming an increasingly critical piece of an enterprise digital strategy. According to IDC, 30% of G2000 companies will be using data from digital twins of IoT-connected
products and assets in 2020, achieving gains of up to 25% in optimization of product development and overall equipment effectiveness.While pioneering manufacturers first used digital twins
decades ago, recent advancements in artificial intelligence (AI) and high-performance computing (HPC) are spurring their use by mainstream enterprises today. With the vast processing power
of HPC, diverse industries have applied digital twins to scale simulations, shorten development timeframes and derive tangible business results. Some of the growing vertical use cases include:
• Smart cities: Cities around the world are building models of their smart systems in a virtual world to make predictions, test and learn using data and analytics prior to deployment. For
example, they can understand how autonomous vehicles respond to connected traffic lights to make better and more timely decisions that improve outcomes, such as citizen safety.
• Healthcare: In a value-based care environment, doctors are under pressure to become increasingly efficient and accurate in their diagnoses. Digital twins can help providers home in on the
two or three most important questions to ask a patient to enable a finite diagnosis. Medical device manufacturers can use digital twins to create and test 3D-printed, custom-built orthopedic
implants that dramatically decrease a patient’s wait time.
• Aerospace and defense (A&D): Companies in the A&D industry leverage digital twins to visualize the status of their products at each step of the production process and in the aftermarket.
Digital twins have completely transformed the way some ships and aircraft are designed. For example, digital twins assess the quality of airfoil blades in jet engines by providing manufacturers
with a comprehensive process view, including the thrust produced under real-life circumstances.
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IBM India Unveils Automation Innovation Center In Pune
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IBM announced the inauguration of its Automation Innovation Center (AIC) in India at its Pune facility. The AIC is a state-of-the-art facility themed around
Intelligent Automation and Future of Work, with experiential demonstration centers showcasing IBM’s flagship Automation Platform, Digital Worker suite of
solutions, Automation Operations Command Center for monitoring and managing bots, and co-creation zone for quick Design Thinking with visiting clients, all
hosted in an agile workplace. The AIC also showcases industry vertical solutions for Banking, Insurance, Retail, CPG, Telco, Healthcare etc and the intersection
of automation solutions on enterprise applications such as Salesforce, SAP and Workday which are a significant part of IBM’s services business. The center will
allow clients to experience IBM Cloud Pak for Automation, available on Red Hat OpenShift, that helps design, build and run automation applications and services
on any cloud, using pre-integrated automation technologies and low-code tools. The first AIC in India was announced in Bangalore in 2017. The two AICs
demonstrate IBM’s continuing commitment to investments in India and in the transformative area of Automation. Clients will now have access to IBM’s
market-leading solutions and deep expertise in automation, from scalable RPA delivery to AI/ML based industry solutions running on hybrid cloud infrastructure.
IBM’s Automation Advisors with in-depth expertise in automation, artificial intelligence and cloud will help clients define the roadmap to navigate their journey
towards enterprise automation at scale. In addition, clients can also leverage IBM’s ecosystem partnership with market leading RPA vendors like Blue Prism,
UiPath, Automation Anywhere and Softomotive to get priority access to the latest solutions and derive maximum return on investment.
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Infosys Audit Committee Finds No Evidence of Financial Impropriety or
Executive Misconduct
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Infosys a world leader in next-generation digital services and consulting, today announced that its Audit Committee of the Board of Directors (the
"Audit Committee") has concluded the independent investigation ("investigation") into allegations contained in the anonymous whistleblower
complaints the company disclosed on October 21, 2019 (“whistleblower complaints”) and determined that the allegations are substantially without
merit. The Audit Committee conducted a thorough investigation with the assistance of independent legal counsel ShardulAmarchandMangaldas&
Co. and PricewaterhouseCoopers Private Ltd. (collectively “investigation team”). The findings of the investigation were adopted by the Board of
Directors of the Company. The Audit Committee concluded that no restatement of previously announced financial statements or other published
financial information is warranted.
The investigation team conducted a detailed and extensive analysis which included:
• 128 interviews with 77 persons including relevant Company personnel concerned with or mentioned in the allegations
• Identifying 46 custodians for collection of relevant documents and electronic data
• Reviewing over 210,000 documents from electronic sources and imaged devices, with over 8 terabytes of electronic data being processed.
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Tech Mahindra Inaugurates New Delivery Center in Warangal, Telangana
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77
Tech Mahindra Ltd. a leading provider of digital transformation, consulting and business reengineering services and
solutions, announced the inauguration of its new delivery center in the Warangal city of Telangana. The inauguration was
done in the presence of Honourable IT and Industries Minister, Telangana, Shri KT Rama Rao.The initiative reaffirms
continued efforts by the state government to promote tier-II cities like Warangal as the next best technology destination in
Telangana after Hyderabad, and to generate employment opportunities for the youth of the state.The new facility is in line
with Tech Mahindra’s TechMNxt charter, which focuses on leveraging next generation technologies and solutions, like
artificial intelligence, to disrupt and enable digital transformation, and to build and deliver cutting-edge technology
solutions and services to address real world problems to meet the customer’s evolving and dynamic needs.
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UST Global Inaugurates First Infinity Lab In South East Asia And New
Delivery Center At Penang, Malaysia
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78
UST Global, a leading digital transformation solutions company, announced the launch of its first Infinity Lab in South East Asia and its
third Delivery Centre in Malaysia at Penang. The new office is located strategically at the Mini-Circuits campus and is UST Global’s
second office in Penang. Infinity LabsTM is UST Global’s network of innovation labs, spanning across various countries including the
US, UK, India and now in Malaysia. The Penang lab is focused on innovation-driven problem solving to support business-led digital
transformations that deliver breakthrough results at both speed and scale. Infinity Labs- Penang provides an exciting springboard and a
collaborative environment for the employees, clients, academia and partner ecosystem. Through this initiative, Malaysia’s technologists
and engineers will now have an opportunity to solve critical business problems for UST Global’s Fortune 500 and Global 2000 customers
by tapping into Infinity Labs’ 30+ Digital Innovation capabilities across domains like Artificial Intelligence, Machine Learning,
Augmented Reality/Mixed Reality (AR/MR), Robotic Process Automation, Internet of Things, Blockchain, Cybersecurity, Advanced
Analytics, and Big Data Engineering.UST Global had spun-off several focused products and platforms as start-ups including CyberProof,
SmartOps, Qubz, Pneuron and C2C (Concept to Camera).
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Event Updates
Consulting & IT Services Industry
Event Updates
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For any queries, Please write to marketing@itshades.com
Upcoming Events - Consulting & IT Services
Modern Business Experience 2020
Cognizant is a Platinum sponsor of Modern Business
Experience—a thought leadership conference presented
by Oracle, for finance, human resources, supply chain
and customer experience professionals. The event is
designed around inspiring keynotes, product expert
discussions and networking activities. Join us at the event
and help your customers prepare for a digital future.
Hosted By : Oracle
Chicago, USA
23-26 Mar, 2020
https://www.oracle.com/modern-business-experience/
Oracle OpenWorld Europe
At the event, Cognizant will demo innovative solutions
to help customers accelerate their journey to Cloud. Visit
our booth and gain insights into how leading
organizations are taking the right steps to become digital
and realizing real results.
Hosted By : Oracle
London, UK
12-13 Feb, 2020
https://www.oracle.com/uk/openworld/
UCISA Leadership Conference 2020
UCISA is the member-led professional community
for digital practitioners in education. We actively
promote networking, collaboration and shared
inspirational thinking.
Hosted By : UCISA
Manchester, UK
18 March, 2020
https://www.ucisa.ac.uk/
Housing Technology Conference
The conference is the leading and longest-running
technology event for senior IT and business decision-makers
in the UK social housing sector. Through 40+ detailed talks
and multiple networking opportunities (view the full agenda),
you’ll come away with enhanced knowledge and confidence
to help transform your organisation.
Hosted By : Intelligent Business Company
London, UK
13 Mar, 2020
https://www.housing-technology.com/event/housing-technology-2020-conference/#section-8
CASE 2020 District III Conference
The CASE District III annual conference will attract 1,500 advancement professionals
to Orlando, Feb. 9-12, 2020, for engaging educational experiences and superb
entertainment. The District III annual conference offers: elite education within all
facets of advancement, led by some of the Southeast’s most successful leaders;
extensive networking opportunities throughout the event; the chance to earn a number
of continuing education credits; a comprehensive trade show presenting the latest
products, services and technologies; and an awards banquet recognizing and
celebrating the best of District III.
Hosted By : Omatic Software LLC
Orlando, USA
09 Feb, 2020
https://omaticsoftware.com/events/2020-district-iii-conference
Australian Mortgage Innovation Summit 2020
Nucleus Software will be participating at the 11th Annual Australian Mortgage
Innovation Summit 2020, being hosted by the RFi Group. With the recent regulatory
scrutiny at the back of responsible lending as well as the current low interest
environment, the Australian mortgage industry continues to transform. Despite these
headwinds, there are a raft of opportunities that have emerged for the industry. The
insightful sessions, panel-discussions and knowledge presentations during the
two-day summit will help local and global experts and leaders to collaborate, network
and discuss the impact of technological disruption, product evolution and evolving
customer expectations on the Australian mortgage sector.
Hosted By : Nucleus Software
Sydney, Australia
26 Feb, 2020
https://www.nucleussoftware.com/events
79
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T-Bytes Consulting & IT Services

  • 1.
    IT Shades Engage &Enable T-Bytes Consulting & IT Services January Edition 2020 Email us - solutions@itshades.com Website : www.itshades.com
  • 2.
    IT Shades Engage &Enable For any queries, Please write to marketing@itshades.com About Us Who We are Aim of this T-Byte Reasons to talk to us ITShades.com has been founded with singular aim of engaging and enabling the best and brightest of businesses, professionals and students with opportunities, learnings, best practices, collaboration and innovation from IT industry. This document brings together a set of latest data points and publicly available information relevant for Consulting & IT Services Industry. We are very excited to share this content and believe that readers will benefit from this periodic publication immensely. 1. Publishing of your company’s solutions/ announcements in this document. 2. Subscribe to this and other periodic publications i.e. T-Bytes, Solution Letters from ITShades.com. 3. For placement of your company's click-able logo and advertisements. 4. Feedback for us to improve the content and format of these periodic publications.
  • 3.
    IT Shades Engage &Enable Feel free to contact us at marketing@itshades.com for any queries Sponsoring Companies for this Edition LOGO 1 LOGO 2 LOGO 3 LOGO 4 LOGO 5
  • 4.
    IT Shades Engage &Enable For any queries, Please write to marketing@itshades.com Table of Contents 1. Financial, M & A Updates...................................................................................................................................1 2. Solution Updates.................................................................................................................................................13 3. Rewards and Recognition Updates...................................................................................................................26 4. Customer Success Updates................................................................................................................................49 5. Partnership Ecosystem Updates.......................................................................................................................61 6. Miscellaneous Updates......................................................................................................................................70 7. Events Updates..................................................................................................................................................79
  • 5.
    IT Shades Engage &Enable For any queries, Please write to marketing@itshades.com Financial, M & A Updates Consulting & IT Services Industry
  • 6.
    Lorem ipsum dolor sit amet, consec- tetuer Financial, M&AUpdates IT Shades Engage & Enable Accenture to Acquire Maihiro, Boosting Customer Experience and Experience Management Capabilities for SAP Solutions Accenture has entered into an agreement to acquire maihiro, a provider of customer experience and customer relationship management consulting, optimization and ongoing enhancement services. The acquisition will help Accenture create solutions for clients that drive innovation and transformation in marketing, sales and customer service. Founded in 2000 and an SAP® Gold Partner, maihiro is a leading provider of SAP-based customer experience (CX), customer relationship management (CRM), and commerce services. The acquisition aims to strengthen Accenture’s world-class SAP capabilities that help organizations elevate customer experiences beyond expectations. With headquarters in Munich, maihiro has approximately 160 skilled professionals in offices across Germany and Austria.As part of Accenture’s strategy to enable clients to gain the most value from SAP solutions, in May 2019, Accenture and SAP announced that they are co-developing and co-innovating to accelerate development of the SAP® C/4HANA platform and build industry-specific solutions that elevate digital customer experiences. In November 2018, Accenture also acquired U.S.-based Intrigo Systems, a leading provider of advisory and systems integration services for SAP enterprise and cloud solutions in e-commerce, supply chain and procurement. In its 2019 fiscal year, Accenture invested nearly US$1.2 billion on 33 acquisitions globally to acquire critical skills and capabilities in strategic, high-growth areas of the market. Executive Commentary “The brands compete in the experience economy. Only those capable of delivering the most engaging and differentiated experiences will continue to win and retain customers’ loyalty,” said Group chief executive, Accenture Technology Services. “With this acquisition, we will amplify our experience and knowledge to help clients drive growth by developing and deploying superior experience management. This will enable clients to better understand their customers, evolve business processes to align with customer needs, and enjoy higher customer retention and purchase frequency.” For any queries, Please write to marketing@itshades.com Description 1
  • 7.
    Lorem ipsum dolor sit amet, consec- tetuer Financial, M&AUpdates IT Shades Engage & Enable Accenture to Acquire Symantec’s Cyber Security Services Business from Broadcom Accenture has agreed to acquire Symantec’s Cyber Security Services business from Broadcom, Inc. Financial terms were not disclosed. The acquisition will make Accenture Security one of the leading providers of managed security services, further enhancing its ability to help companies rapidly anticipate, detect and respond to cyber threats. Symantec’s portfolio of Cyber Security Services includes global threat monitoring and analysis through a network of security operation centers, real-time adversary and industry-specific threat intelligence and incident response services. The six security operations centers are located in the U.S., the United Kingdom, India, Australia, Singapore and Japan. Its managed security services business is supported by a proprietary cloud-based platform that delivers a steady stream of technical and cyber adversary threat intelligence through a customizable portal. Executive Commentary “Cybersecurity has become one of the most critical business imperatives for all organizations regardless of industry or geographic location,” said Accenture’s Chief Executive Officer. “With the addition of Symantec’s Cyber Security Services business, Accenture Security will offer one of the most comprehensive managed services for global businesses to detect and manage cybersecurity threats aimed at their companies.” For any queries, Please write to marketing@itshades.com Description 2
  • 8.
    Lore Lorem ipsum dolor sit amet, consec- tetuer Financial,M&A Updates IT Shades Engage & Enable Accenture Completes Acquisition of Clarity Insights Accenture has announced that it has completed the acquisition of U.S.- based data consultancy Clarity Insights. Accenture had announced its intent to acquire the company on December 13, 2019. Financial terms of the transaction were not disclosed. Headquartered in Chicago, Clarity Insights brings nearly 350 employees with deep data science, artificial intelligence (AI) and machine learning (ML) expertise, along with a strong portfolio of accelerators, to Accenture’s Applied Intelligence business. The addition of Clarity Insights further enhances Accenture’s ability to help enterprise clients scale AI, and bolsters its critical skills and capabilities in strategic, high-growth areas of the market.Accenture is a leading global professional services company, providing a broad range of services and solutions in strategy, consulting, digital, technology and operations. Combining unmatched experience and specialized skills across more than 40 industries and all business functions — underpinned by the world’s largest delivery network — Accenture works at the intersection of business and technology to help clients improve their performance and create sustainable value for their stakeholders. With 505,000 people serving clients in more than 120 countries, Accenture drives innovation to improve the way the world works and lives.Applied Intelligence is Accenture’s approach to scaling AI for our clients. We embed AI-powered data, analytics and automation capabilities into business workflows to accelerate time to value. Our expertise in defining end-to-end strategy, combined with deep data infrastructure capabilities, cognitive services and industrialized accelerators help smooth clients’ path to AI adoption, extending human capabilities and supporting clients in scaling AI responsibly. Recognized as a leader by industry analysts, we collaborate with a powerful global alliance, innovation and delivery network to help clients deploy and scale AI within any market and industry. For any queries, Please write to marketing@itshades.com Description 3
  • 9.
    Lorem ipsum dolor sit amet, consec- tetuer Financial, M&AUpdates IT Shades Engage & Enable Accenture Invests in and Forms Alliance Relationship with Ideoclick to Provide Expanded Amazon Marketplace Expertise to Consumer Brands Accenture has expanded its e-commerce and marketplace services through an investment in Ideoclick, provider of the industry’s leading e-commerce optimization platform. The minority investment, made by Accenture Ventures, is part of a broader strategic alliance that enables Accenture Interactive and Ideoclick to extend their respective specialty services to clients and feed collaboration for sharing industry knowledge and best practices for continuous innovation. Ideoclick’s e-commerce optimization platform combines integrated expertise and technology, complementing Accenture Interactive’s existing digital omnichannel e-commerce and marketing solutions and services. This alliance offers consumer brand manufacturers new levels of service and technology expertise to improve customer connections and enhance brand success on the leading marketplace platform. By combining best-in-class proprietary software with a team of eCommerce experts, the two companies’ joint offering provides a scalable and sustainable way for brand manufacturers to work effectively. Executive Commentary “Working alongside market-leading solutions like Ideoclick’s e-commerce optimization platform offers brand manufacturers the ability to stay ahead of the rapid changes in the retail model,” said Global lead for Digital Marketplace Services, Accenture Interactive. “With the global e-commerce market expected to be worth $24.4 trillion by 2025, marketplaces are reinventing retail as we know it. Manufacturers need to seize this opportunity to connect with customers through this channel via transformative solutions for performance-based brand experiences and improved conversions.” For any queries, Please write to marketing@itshades.com Description 4
  • 10.
    Lorem ipsum dolor sit amet, consec- tetuer Financial, M&AUpdates IT Shades Engage & Enable Proposed acquisition of Collins Aerospace’s Military Global Positioning System business and Raytheon’s Airborne Tactical Radios business BAE Systems plcannounces that it has entered into a definitive Asset Purchase Agreement to acquire Collins Aerospace’s Military Global Positioning System business (“GPS business”) for $1.925bn in cash, subject to customary closing adjustments. As an asset purchase there is an expected tax benefit of c.$365m. The Company has also entered into a definitive Asset Purchase Agreement to acquire Raytheon’s Airborne Tactical Radios business (“Radios business”) for $275m in cash, subject to customary closing adjustments. As an asset purchase there is an expected tax benefit[i] of c.$50m. Completion of both acquisitions are subject to successful closure of the Raytheon-United Technologies Corporation (UTC) merger, as well as customary regulatory approvals and conditions. These two proposed acquisitions represent a unique opportunity to purchase high quality technology based businesses with market leading capabilities and long histories of pioneering innovation in their fields. These assets have come to market as part of the regulatory process relating to the merger of Raytheon and UTC. Both businesses are highly complementary to our US-based Electronic Systems business and on completion they would be integrated into our Electronic Systems division. Both businesses have strong growth outlooks driven by close alignment with the priorities outlined in the US National Defense Strategy, Congressional mandates to upgrade existing capabilities and a presence on a substantial installed base of products and platforms in the US and with allied nations. Both transactions would be expected to be immediately earnings and cash accretive. Executive Commentary Commenting on announcement, Chief Executive of BAE Systems said:“These proposed acquisitions present a unique opportunity to add high quality, technology focused businesses to our Electronic Systems sector. It’s rare that two businesses of this quality, with such strong growth prospects and close fit to our portfolio, become available. The strategic and financial rationale is strong and these proposed acquisitions, which are focused on areas of highest priority defence spending, will further enhance the Group’s opportunity for continued growth in Electronic Systems. We look forward to welcoming the employees of the two businesses to the Company, as we work together to help drive our business forward successfully.” For any queries, Please write to marketing@itshades.com Description 5
  • 11.
    Lorem ipsum dolor sit amet, consec- tetuer Financial, M&AUpdates IT Shades Engage & Enable CGI acquires French retail solutions provider Meti to help drive retailers digital and omni-channel evolution CGI announced the completion of the acquisition of Meti Logiciels et Services (Meti) through one of its European subsidiaries. A France-based company offering integrated business solutions and consulting services for the retail sector, Meti works with Europe's largest retailers, providing solutions across thousands of stores, warehouses and merchant locations for clients in 20 countries. With this merger, CGI strengthens its capabilities in supporting retailers across their entire value chain—from supply chain management to in-store commercial operations—and in driving their digital and omni-channel evolution. The merger further develops CGI's end-to-end range of services and deepens its expertise in the retail sector.Founded in 1976, CGI is among the largest independent IT and business consulting services firms in the world. With 77,500 consultants and other professionals across the globe, CGI delivers an end-to-end portfolio of capabilities, from strategic IT and business consulting to systems integration, managed IT and business process services and intellectual property solutions. CGI works with clients through a local relationship model complemented by a global delivery network that helps clients digitally transform their organizations and accelerate results. Executive Commentary "We are pleased to join forces with Meti in helping retailers position themselves for the future through end-to-end services and digital technologies that drive efficiencies, innovation, customer satisfaction and value," said President and Chief Executive Officer. "Meti's capabilities, solutions and employees enable us to significantly strengthen our IP portfolio and services for the retail sector, and we warmly welcome its approximately 300 professionals to the CGI community." For any queries, Please write to marketing@itshades.com Description 6
  • 12.
    Lorem ipsum dolor sit amet, consec- tetuer Financial, M&AUpdates IT Shades Engage & Enable Cignex Datamatics and Relevance Lab deal not approved by DGSL shareholders; revised terms in discussions Datamatics Global Services Ltd. (DGSL), a global IT & BPM company, on December 12 2019, had announced to strategically divest its stake in Cignex Datamatics Inc. to Relevance Lab, a Singapore headquartered IT Services Company, through a share-swap arrangement. DGSL has today shared that the deal to divest stake in one of its subsidiaries, Cignex Datamatics Inc., could not be completed as shareholders did not approve the proposed resolution. The parties are reworking on the revised structure and commercial terms, as a result of which the current Share Purchase Agreement is likely to undergo a substantial change.Cignex Datamatics Inc is a US-headquartered IT Services firm offering, Open Source, Cloud, and Automation services. Executive Commentary Speaking on the occasion, CEO, DGSL said; “We are working together on revised terms, and are confident that it will be beneficial for our company and its shareholders”. For any queries, Please write to marketing@itshades.com Description 7
  • 13.
    Financial, M&A Updates ITShades Engage & Enable LTI USD revenue growth up 8.4% QoQ and 13.7% YoY; Digital revenues at 41% In US Dollars: • Revenue at USD 394.4 million; growth of 8.4% QoQ and 13.7% YoY • Constant Currency Revenue growth of 8.3% QoQ and 14.2% YoY In Indian Rupees: • Revenue at Rs 28,111 million; growth of 9.4% QoQ and 13.7% YoY • Net Income at Rs 3,767 million; growth of 4.6% QoQ and 0.3% YoY Recent Deal Wins • Multi-year, multi-million large deal for transforming the global application operations of a smart energy storage solution provider • An apex government body selected LTI to create a conceptual framework on Data Management, integrating and harmonizing the available data sets in various key sectors through single window system for better governance • A Leading US based Insurance Company chose LTI as a Strategic Partner to implement a multi-year digital transformation initiative focused on improving their products, distribution and infrastructure • LTI has been chosen by a public development authority for implementation of Next Generation Digital Platform to enhance efficiency of their transportation systems • Awarded an end-to-end enterprise data estate transformation deal by a global leader in energy storage • A Multinational conglomerate engaged LTI to deliver AI enabled preventive maintenance and Cloud hosted monitoring solutions for users of its data storage solutions Executive Commentary “Our outstanding QoQ growth of 8.4% in Q3 is a result of on-track ramp up of large engagements we announced earlier. We are extremely pleased with the superior and broad-based performance across verticals and service offerings, which underscores the resilience of our diversified portfolio. Our strategy and investments for powering the breakaway enterprise is resonating well with our clients. We continue to win large deals across regions and have won two such engagements in Q3 with cumulative net-new TCV of more than US$75 mn.”–Chief Executive Officer & Managing Director, LTI For any queries, Please write to marketing@itshades.com 8 Key Financial Highlights
  • 14.
    Financial, M&A Updates ITShades Engage & Enable Mindtree Reports Third Quarter 2019-20 Results Key financial highlights: In USD: • Revenue at $275.2 million (growth of 1.5% q-o-q / 9.4% y-o-y) • Net profit at $27.7 million (growth of 44.7% q-o-q/ 3.1% y-o-y) In INR: • Revenue at ₹19,653 million (growth of 2.7% q-o-q / 10.0% y-o-y) • Net profit at ₹1,970 million (growth of 45.9% q-o-q / 3.0% y-o-y) Other highlights: Clients: • 320 active clients as of December 31, 2019 • $25 million clients grew by 1, total 5 • $10 million clients grew by 1, total 22 People: • 21,561 Mindtree Minds as of December 31, 2019 • Trailing 12 months attrition is 17.2% BOTs*: • Automation is playing a significant role in modernizing our technology service delivery, enhancing both efficiency and speed-to-results for our clients. We are proud to report our BOTs strength that autonomously work along-side our Mindtree Minds, enabling our team to do more and accomplish larger goals Executive Commentary “As we continue to grow revenue, our sharp focus on driving profitable growth has resulted in expansion of operating margin by 2.6% and a rise in net profit by 44.7% as compared to previous quarter,” said CEO & Managing Director, Mindtree. “We continue to execute our growth strategy, proactively incubate deals by mining strategic clients and nurture a learning-led culture. The recently concluded Annual Customer Experience Survey results depict industry-leading scores, indicating our exceptional work in delivering quality services to our clients.” For any queries, Please write to marketing@itshades.com 9 Key Financial Highlights
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    Lorem ipsum dolor sit amet, consec- tetuer Financial, M&AUpdates IT Shades Engage & Enable Cignex Datamatics and Relevance Lab deal not approved by DGSL shareholders; revised terms in discussions Datamatics Global Services Ltd. (DGSL), a global IT & BPM company, on December 12 2019, had announced to strategically divest its stake in Cignex Datamatics Inc. to Relevance Lab, a Singapore headquartered IT Services Company, through a share-swap arrangement. DGSL has today shared that the deal to divest stake in one of its subsidiaries, Cignex Datamatics Inc., could not be completed as shareholders did not approve the proposed resolution. The parties are reworking on the revised structure and commercial terms, as a result of which the current Share Purchase Agreement is likely to undergo a substantial change.Cignex Datamatics Inc is a US-headquartered IT Services firm offering, Open Source, Cloud, and Automation services. Executive Commentary Speaking on the occasion, CEO, DGSL said; “We are working together on revised terms, and are confident that it will be beneficial for our company and its shareholders”. For any queries, Please write to marketing@itshades.com Description 10
  • 16.
    Financial, M&A Updates ITShades Engage & Enable NIIT Technologies Q3 FY’20 Revenue up 16% YonY, PAT up 34% YonY • Consolidated revenues for the quarter under review grew 16.1% over the same period last year and 3.4% sequentially over the preceding quarter to Rs 1073.4 crore. EBITDA margin for the quarter was stable YoY at 18.1%. • In reported terms, BFS contracted 1.3% QoQ contributing to 16.0% of revenue, Travel Transportation and Hospitality (TTH) was up 6.2% QoQ contributing to 28.5% of revenue, and Insurance grew 0.2% QoQ contributing 30.2% of overall revenues. The “Others” portfolio grew 7.4% QoQ and they represents 25.3% of overall revenues. • Americas, EMEA, and ROW contributed 48%, 37%, and 15% of the revenue mix. • Fresh business of US$218 mn was secured by the company during the quarter. As a result, the order book executable over the next twelve months has also increased to US$424 mn. Executive Commentary “The firm registered a robust performance in the quarter across key parameters including revenue, earnings, cashflow, and deal wins, in line with our stated intent to drive robust, predictable and profitable growth,” said Chief Executive Officer, NIIT Technologies Ltd. For any queries, Please write to marketing@itshades.com 11 Key Financial Highlights
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    Lorem ipsum dolor sit amet, consec- tetuer Financial, M&AUpdates IT Shades Engage & Enable Wipro Ventures Announces $150M Fund II to Invest in Emerging Digital Enterprise Software Leaders Wipro Ventures, the strategic investment arm of Wipro Limited, a leading global information technology, consulting and business process services company, announced the closing of its $150 million Fund II. Buoyed by the success of its first $100 million fund launched in 2015, Wipro Ventures will continue to invest in early to mid-stage companies building innovative enterprise software solutions across key areas, including cybersecurity, application development, analytics, cloud infrastructure, test automation, and AI.Wipro Ventures, managed by BiplabAdhya and Venu Pemmaraju, has so far invested in 16 early- to mid-stage startups, including 11 in the US, 4 in Israel and 1 in India. More than 100 of Wipro’s global customers have benefited by deploying solutions from these portfolio companies.Companies within the portfolio have seen successful exits, including Demisto, a cybersecurity company that was acquired by Palo Alto Networks. Rishi Bhargava, a co-founder of Demisto, credited Wipro’s commitment to joint sales and go-to-market support, as one of the key drivers of its success Executive Commentary “Wipro Ventures has become an integral part of our innovation ecosystem,” said Chief Executive Officer and Managing Director, Wipro Limited. “Our strategy has been to invest in promising enterprise software startups, establish strategic partnerships with them and bring their leading-edge solutions to our customers. By doing this, we differentiate our customer services, generate revenue for our portfolio companies and deliver strategic as well as financial returns to Wipro. Wipro Ventures’ Fund II demonstrates our continued commitment to this strategy.” For any queries, Please write to marketing@itshades.com Description 12
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    IT Shades Engage &Enable For any queries, Please write to marketing@itshades.com Solutions Updates Consulting & IT Services Industry
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    Lorem ipsum dolor sit amet,consectetuer adipiscing elit, sed diam nonummy nib Solution Updates IT Shades Engage & Enable Atos facilitates public cloud protection with new CSPM service powered by Palo Alto Networks For any queries, Please write to marketing@itshades.com 13 Solution Description Atos, a global leader in digital transformation, launches a new Cloud Security Posture Management (CSPM) service powered by Palo Alto Networks Prisma™ Cloud technology. With this new multi-cloud managed service, Atos helps customers address the challenges with public cloud adoption by enabling complete visibility, control and compliance from a single pane of glass. Given Gartner’s prediction that “through 2024, organizations implementing a CSPM offering and extending this into development will reduce cloud-related security incidents due to misconfiguration by 80%,” CSPM tools play a crucial role in cloud adoption and security. Atos’ CSPM service includes: • Prisma Cloud™ by Palo Alto Networks: Prisma Cloud is the most complete cloud security posture management (CSPM) and cloud workload protection platform (CWPP). It helps ensure consistent security across multi-cloud and hybrid cloud environments and simplifies security operations through cross-cloud security visibility. This assists organizations that leverage public cloud platforms and a rich set of microservices to build and deliver applications rapidly as well as provide visibility and threat detection for SecOps and DevOps teams across their cloud infrastructure. • Consulting, configuration and integration services: Helping clients with a global network of cybersecurity and cloud experts to develop policies in order to prevent common issues related to cloud adoption, the service ensures that a client’s platform is optimally configured, as the majority of cloud vulnerabilities are due to misconfigurations. • Operations and response services: Through its global network of security operations centers, Atos supports customers with the day-to-day administration of their CSPM platform and, in the event of an incident, assists them with security incident response services.
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    Lorem ipsum dolor sit amet,consectetuer adipiscing elit, sed diam nonummy nib Solution Updates IT Shades Engage & Enable New Shared Mobility Concept, Luxoft HALO, Introduces a Revolutionary Digital, Consumer-grade In-vehicle Experience For any queries, Please write to marketing@itshades.com 14 Solution Description Luxoft, a DXC Technology Company in collaboration with LG Electronics, Amazon and Mapbox unveiled Luxoft HALO, the company’s latest shared mobility conceptfeaturing a revolutionary digital, consumer-grade in-vehicle experience. Luxoft HALO will be formally debuted at CES® 2020, Jan. 7-10, 2020, Las Vegas, NV. At home, consumers expect their digital experiences to be simple, convenient and accessible at any time across a range of devices. Increasingly, consumers also expect access to their favorite content and services, in the vehicle and on the go. Luxoft HALO shared mobility concept demonstrates how all consumers’ mobility needs can be seamlessly integrated with their personal digital lifestyle.Luxoft can already deploy webOS Auto to large-scale series production systems, including: • Rear Seat Entertainment (RSE) for traditional needs; • Rear Seat Entertainment (RSE) with ride-hailing mode; • Cabin display for ride-hailing systems; and • Center stack display for ride-hailing systems.
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    Lorem ipsum dolor sit amet,consectetuer adipiscing elit, sed diam nonummy nib Solution Updates IT Shades Engage & Enable United Nations Global Compact launches ‘SDG Ambition’ impact initiative aiming to scale up business action at the national level For any queries, Please write to marketing@itshades.com 15 Solution Description The United Nations Global Compact launched SDG Ambition — a global impact initiative aimed at challenging and supporting companies to integrate the Sustainable Development Goals into their core business.According to recent research by Accenture and the UN Global Compact, just 21% of CEOs believe business is playing a critical role in contributing to SDGs.The UN Global Compact Local Networks, located in more than 60 countries, will lead the initiative’s implementation. SDG Ambition aims to engage more than 1,000 companies across industries in more than 40 countries to focus their sustainability efforts on high-impact strategies and business models.As a special initiative of the UN Secretary-General, the United Nations Global Compact works with companies to align their operations and strategies with ten universal principles in the areas of human rights, labor, environment and anti-corruption. Launched in 2000, the UN Global Compact guides and supports the global business community in advancing UN goals and values through responsible corporate practices. With over 10,000 companies and 3,000 non-business signatories based in more than 160 countries, and 68 Local Networks, it is the world’s largest corporate sustainability initiative.
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    Lorem ipsum dolor sit amet,consectetuer adipiscing elit, sed diam nonummy nib Solution Updates IT Shades Engage & Enable BAE Systems’ CV90 increases lethality by testing SPIKE LR anti-tank guided missile For any queries, Please write to marketing@itshades.com 16 Solution Description BAE Systems has successfully fired an integrated, long-range anti-tank guided missile from the CV90 Infantry Fighting Vehicle in a recent series of tests. This advancement further diversifies the CV90’s operational capabilities on the battlefield by enabling indirect fire at long distances or at air targets, boosting the vehicle’s lethality while increasing crew safety. The testing, which took place in difficult arctic conditions, used a Rafael Advanced Defense Systems’ Spike-LR (long range) missile mounted on a BAE Systems Hägglunds’ CV90 to defeat a target at more than 2,000 metres. The exercise marks the first time an integrated version of an anti-tank guided missile has been launched from the CV90. It also demonstrates the platform’s versatility to perform a wide range of missions, and shows the CV90 can easily adapt to new technologies for meeting current and future customer needs.The long-range missile testing is yet another recent example of improved lethality on the CV90. BAE Systems is currently executing a Swedish government contract to provide a mortar variant of the CV90 called Mjölner that adds greater mobility to close indirect fire support.More than 1,200 CV90s of numerous variants are in service with Denmark, Estonia, Finland, Norway, Sweden, Switzerland and the Netherlands. The vehicle has a combat-proven track record and is designed to accommodate future growth to meet evolving missions.
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    Lorem ipsum dolor sit amet,consectetuer adipiscing elit, sed diam nonummy nib Solution Updates IT Shades Engage & Enable EY TaxChat™ enters global consumer market for personal tax filing For any queries, Please write to marketing@itshades.com 17 Solution Description EY announces EY TaxChat™, the first direct-to-consumer EY tax service, which will be available to individual taxpayers in several countries around the world. An on-demand mobile tax preparation service, EY TaxChat offers personalized service from a licensed EY professional who will prepare and file tax returns on the taxpayer’s behalf. The service is currently available to consumers in the United Kingdom and the United States, with Brazil, Canada, Australia and France coming online later in 2020. This mobile tax preparation offering is an EY investment in the digital consumer with tax filing needs and financial situations that are increasingly complex and diverse – a market opportunity of US$15b in key countries around the world. EY TaxChat is designed to handle the growing complexities of tax filing, whether it’s due to cryptocurrency and other investment vehicles, investment portfolio changes, rental property ownership, self-employment, or other factors. And, as a modernized, digital service, it helps consumers engage how and where they want to. The offering also aligns to EY corporate clients’ business agendas through digital ecosystem integration, as part of financial wellness employee programs, as well as governments going digital in tax.The service has previously been accessible exclusively as an employee benefit for EY people and clients who work with Ernst & Young LLP’s Employee Financial Services practice in the US. EY TaxChat is available for download in consumer app stores and is also offered at a discount by employers who are contracted with EY member firms. It is also available from a number of financial services organizations and wealth advisors that offer EY TaxChat within their service and ecosystem environment.
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    Lorem ipsum dolor sit amet,consectetuer adipiscing elit, sed diam nonummy nib Solution Updates IT Shades Engage & Enable New Hitachi Vantara To Create Digital Competitive Edge For Transforming Enterprises For any queries, Please write to marketing@itshades.com 18 Solution Description Hitachi Vantara, a wholly owned subsidiary of Hitachi, Ltd. announced it has come together with Hitachi Consulting as one company to create a new digital infrastructure and solutions powerhouse. The new Hitachi Vantara aims to become the world’s preferred digital innovation partner by unlocking the “good” in data that benefits customers, raises the quality of people's lives and builds a sustainable society. Hitachi Vantara will specifically bring a competitive edge to the digital domains that matter most – the data center, data operations and enterprise digital transformation. The new Hitachi Vantara combines the best consulting-led digital solutions and vertical industry expertise of Hitachi Consulting with Hitachi Vantara’s IT domain expertise. Going forward, the integrated company will help customers develop practical, scalable digital strategies and solutions that transform operational processes, improve customer experiences and create new business models to drive innovation and growth. For example, the new company will offer a holistic manufacturing industry practice as one of several vertical industry practices. The manufacturing practice will integrate consulting methodologies for addressing quality, customization, sustainability and new business models with data-driven solutions such as Lumada Manufacturing Insights from Hitachi Vantara, which integrates silos of manufacturing data and applies AI and machine learning to evaluate and enhance overall equipment effectiveness (OEE).
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    Lorem ipsum dolor sit amet,consectetuer adipiscing elit, sed diam nonummy nib Solution Updates IT Shades Engage & Enable Mercer launches industry first AI powered tool to predict outcome of member options exercises For any queries, Please write to marketing@itshades.com 19 Solution Description Mercer has launched an artificial intelligence (AI) powered tool that can help defined benefits (DB) pensions schemes predict the outcome of a member options exercise. Using anonymised data from completed member options exercises and the scheme’s own data, the machine learning algorithm determines the probability of a member accepting a tailored offer. This new data driven approach helps pension schemes and sponsors better manage risk through planning member options projects that have optimum member offer structures. Mercer’s AI member choice tool has identified several factors impacting a member’s decision on whether to transfer out of their DB scheme. Age is a key factor, with those members older than 55 on average 18-20% more likely to accept an offer than younger members. Place of residence also plays a determining part, with overseas members 10% more likely to accept a transfer value than those based in the UK. The time of year the offer is presented also impacts a member’s decision, with more responding to offers in spring. Mercer’s tool will continue to evolve as data from more completed exercises are added.Mercer’s AI tool draws on anonymised data from over 20,000 member transactions who have been through an ETV exercise. With this considerable amount of data, Mercer can support clients make better choices and help solve issues with DB pension arrangements.
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    Lorem ipsum dolor sit amet,consectetuer adipiscing elit, sed diam nonummy nib Solution Updates IT Shades Engage & Enable A new day for credit unions with the launch of Gojoko Community Lenders Gô Digital® Platform in partnership with Persistent Digital Credit Union Solution™ For any queries, Please write to marketing@itshades.com 20 Solution Description Persistent Systems and fintech platform leader Gojoko today announced a joint offering – the Community Lenders Gô Digital® Platform running on the Persistent Digital Credit Union Solution™. Persistent also announced the availability of the Persistent Digital Bank Solution™, which includes an industry-first actbot, providing new levels of proactive interaction with customers. Community Lenders Gô Digital® Platform supports Gojoko Marketing’s mission to elevate community banks and credit unions to help them grow and expand into modern financial institutions. The solution offers customers the choice of modularized capabilities based on their needs, which will run on Amazon Web Services (AWS). The new service will provide the agility necessary to enable banks and credit unions to rapidly design, launch, service and scale banking and lending portfolios. It also offers credit unions an effective way to leverage a cutting-edge banking platform without significant investment. Gojoko deploys a fintech platform, digital customer interface and advanced digital marketing to its banking customers. Persistent provides systems integration, including the aggregation of loans and booking into the Mambu banking platform. The Solution includes: • Online application for Loans & Advances (personal, vehicle, education, vacation and more to follow) • Customer Digital Onboarding (eKYC for Individual, Small Enterprises) • Online Deposits opening (Saving Accounts, Checking Accounts, Term Deposits) • Integration with Payments processors including Debit card and Credit card • Integration with Regulatory reporting tools • Integration with a wide range of platforms and solutions including Mambu, Salesforce, various credit scoring agencies, KYC data providers, etc. • An actbot built on sophisticated machine learning and artificial intelligence technologies, offering Conversational User Interface.
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    Lorem ipsum dolor sit amet,consectetuer adipiscing elit, sed diam nonummy nib Solution Updates IT Shades Engage & Enable Persistent Systems and ValidSoft deliver new Secure Digital Voice Authentication Capabilities for Banking and Credit Unions For any queries, Please write to marketing@itshades.com 21 Solution Description Persistent Systems and ValidSoft have jointly developed a secure digital voice authentication for continuous user validation, integrated with Persistent’s banking solutions. As part of Persistent Digital Bank Solution™, Persistent will leverage ValidSoft’s Precision Voice Biometrics™ to ensure strong identity assurance for all individuals transacting on their platform. Persistent (BSE & NSE: PERSISTENT) recently announced the availability of the Persistent Digital Bank Solution™ and Persistent Digital Credit Union Solution™.ValidSoft is a global Cyber Security Company that provides the fastest, most secure, most precise and easiest to deploy voice biometric solution. ValidSoft saves businesses money, stops fraud and eliminates consumer frustration by providing a seamless, omni-channel solution to enable secure, fast, friction-free customer engagement.Persistent Systems is a global solutions company delivering digital business acceleration and enterprise modernization for businesses across all industries and geographies.
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    Lorem ipsum dolor sit amet,consectetuer adipiscing elit, sed diam nonummy nib Solution Updates IT Shades Engage & Enable QuEST Global to Demonstrate Enhanced Driver and Vehicle Safety Using Deep Learning at CES 2020 For any queries, Please write to marketing@itshades.com 22 Solution Description QuEST Global, a global product engineering and lifecycle services company, will demonstrate Deep Learning driven Advanced Driver Assistance Systems (ADAS) at CES (Consumer Electronic Show) 2020. The deep learning models developed by QuEST Global aim to enhance ADAS by improving the accuracy in detection of traffic signs, pedestrians and traffic. This enhanced ADAS will be demonstrated at Booth # 1909, Westgate Pavilion. The ADAS demo has been developed by training deep learning models using synthetic data representing various environmental conditions and terrains. Such deep learning driven ADAS are 25% more accurate than the ones developed using classic image processing techniques. By leveraging its strong capabilities in high-performance vision processing and deep learning, the company has further optimized the performance of the applications to improve interpretation of both simulated and real time data.As a trusted thinking partner, QuEST Global has been working with the world’s most recognized companies in automotive industry for the last two decades. The company is committed to enable its customers to Create The Frontier by advancing the ways people drive, travel and interact with each other. Being at the forefront of the convergence of Mechanical, Electronics, Software and Digital Engineering Innovations, the company is helping OEMs and Tier 1 suppliers to address the growing demand of providing connected engineering experience to the end customers. By developing comprehensive engineering services and solutions, QuEST Global has been partnering with its automotive customers for overcoming the new-age engineering challenges and make products safer and more reliable in today’s digital age.
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    Lorem ipsum dolor sit amet,consectetuer adipiscing elit, sed diam nonummy nib Solution Updates IT Shades Engage & Enable QuEST to launch solution accelerator for development of AI applications using deep learning at CES 2020 For any queries, Please write to marketing@itshades.com 23 Solution Description QuEST Global, a global product engineering and lifecycle services company, will unveil a solution accelerator which will help to design, train, deploy and manage Deep Learning (DL) models for the development of computer vision applications at CES (Consumer Electronics Show) 2020. This solution that will be showcased at Booth# 1909, Westgate, will enable data scientists, data analysts and data engineers to develop deep learning-based machine vision applications in a fast and efficient manner with minimum effort. It offers a simplified model creation process through a visual, menu driven interface, making development of deep learning solutions much easier and faster. The solution developed by QuEST Global is specifically designed to automate key operations of model development workflow like data labelling, data augmentation and cross validation. Supported with intuitive dashboards, performance metrics and custom model creation capabilities, the tool provides easy re-training and deployment options for target devices. By automating and simplifying the AI development work flow, the solution accelerator will help data scientists, data engineers and data analysts achieve productivity improvement, and improve return on investment which in turn will help them to focus more on innovative methods for improving the accuracy and performance of the models.QuEST Global has more than two decades of experience across the complete product development lifecycle, helping customers develop better products, establish new markets and improve efficiency and quality. Using next-generation technologies such as edge computing, artificial intelligence, deep learning, big data and predictive analytics, the company aims to help semiconductor, consumer electronics and computing industries accelerate their product development and innovation cycles and make operations more efficient for them. As a trusted thinking partner, the company is committed to enhance the end consumer experience, enable business outcomes and simplify the digital journey for its customers.
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    Lorem ipsum dolor sit amet,consectetuer adipiscing elit, sed diam nonummy nib Solution Updates IT Shades Engage & Enable Tech Mahindra Launches a Dedicated Google Cloud Center of Excellence to Drive Digital Transformation of Enterprises Globally For any queries, Please write to marketing@itshades.com 24 Solution Description Tech Mahindra, a leading provider of digital transformation, consulting and business re-engineering services and solutions, has announced the launch of a dedicated Google Cloud Center of Excellence (COE) to drive digital transformation of enterprises globally. Established in Hyderabad, the COE will provide enterprises with access to the technology and services they need to expedite their cloud migration, and deliver tailored solutions to help them move critical workloads like to Google Cloud, develop their Artificial Intelligence (AI) and data analytics solutions, , and improve workplace collaboration productivity.Tech Mahindra’s dedicated COE will offer its clients a full spectrum of Cloud services, which will include consulting, assessment, migration, optimization and support services for enterprises looking to optimize their workloads on Google Cloud.As part of the TechMNxt charter, Tech Mahindra has developed several solutions on next generation technologies such as AI, Machine Learning (ML), Analytics and Augmented Reality on Google Cloud. As a Google Cloud Partner, Tech Mahindra is well equipped with all the necessary expertise, tools, processes, and strategies to support every stage of the cloud adoption journey including migrating workloads and applications to Google Cloud.
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    Lorem ipsum dolor sit amet,consectetuer adipiscing elit, sed diam nonummy nib Solution Updates IT Shades Engage & Enable Zensar’s Smart Application Development and Maintenance services incorporate Artificial Intelligence For any queries, Please write to marketing@itshades.com 25 Solution Description Zensar, a leading digital solutions and technology services company that specializes in partnering with organizations across industries on their digital transformation journey, announced that its Smart Application Development and Maintenance (SmartADM) services now incorporate Robotics, Automation and Artificial Intelligence (AI).Zensar’s SmartADM is a complete suite of Application Services that enables Intelligent Application Services through AI-enabled Cloud Native development, Agile, DevSecOps, Legacy Modernisation, Application Support & Maintenance, and Microservices & API. The suite enables enterprises to undergo digital transformation from an environment that is fragmented, replete with disparate point solutions, and heavy on human intervention. Our Experience Decision Research (EDR) framework ensures that Artificial Intelligence permeates through Experience, Decision and Research layers within Enterprise Applications. Key business benefits to customers to be as follows: • Improved efficiency across key business operations led by automation • Increased stability of applications across the enterprise • Better adherence to SLAs/compliance • Zero-risk transition management • Wide coverage across varied, disparate operation processes • Integrated application management
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    IT Shades Engage &Enable For any queries, Please write to marketing@itshades.com Rewards & Recognition Updates Consulting & IT Services Industry
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    R & RUpdates IT Shades Engage & Enable Accenture Interactive Positioned as a Leader in Independent Research Report on Asia Pacific Digital Experience Agencies For any queries, Please write to marketing@itshades.com 26 Accenture Interactive, part of Accenture, has been named a Leader in the latest research report on Asia Pacific digital experience agencies from Forrester Research Inc., a leading research and global advisory firm.Titled “The Forrester Wave™: Digital Experience Agencies in Asia Pacific, Q4 2019”, the report evaluates Accenture Interactive and 13 other vendors on 24 criteria across three categories: Current Offering, Strategy; and Market Presence. Accenture Interactive received the highest score in the Current Offering and Strategy categories. In the Strategy category, it received the highest score possible in the vision, client co-innovation strategy, partner ecosystem and employee experience criteria.The report states, “Clients like Accenture [Interactive]’s range of services and responsiveness to changing requirements and the quality and consistency of its work.” The report also states that Forrester likes Accenture Interactive’s strong service design capabilities that aim to help clients reinvent their business models and operations.Accenture is a leading global professional services company, providing a broad range of services and solutions in strategy, consulting, digital, technology and operations. Combining unmatched experience and specialized skills across more than 40 industries and all business functions — underpinned by the world’s largest delivery network — Accenture works at the intersection of business and technology to help clients improve their performance and create sustainable value for their stakeholders. With 505,000 people serving clients in more than 120 countries, Accenture drives innovation to improve the way the world works and lives. R&R Description
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    R & RUpdates IT Shades Engage & Enable HFS Ranks Accenture the No. 1 Service Provider for Industry 4.0 and its most critical lever — the Internet of Things For any queries, Please write to marketing@itshades.com 27 Accenture collected no. 1 rankings in two recent reports by industry analyst firm HFS Research. The first report covers services providers for Industry 4.0; the second assesses service providers for the Internet of Things (IoT). According to HFS Research, Industry 4.0 — also called the fourth industrial revolution — is the growing effect automation and data exchange technologies have on manufacturing. These technologies can make manufacturing more productive, reduce its cost, help get products and services to the market quicker and personalize them for a large number of customers.IoT has become the most critical lever for Industry 4.0 as it forms the backbone for most of the other Industry 4.0 technologies applications, according to HFS. IoT services “either save or make money for a client by employing connected sensors attached to ‘things’ (…) to determine their current state or how their state has changed with time,” based on the data the sensors generate.The HFS Industry 4.0 Service Providers 2019 report lists the following Accenture strengths: • Accenture’s Industry X.0 practice is a partner for the holistic digital transformation of manufacturing, from product and services development and engineering to production, operations and supply chains. • Accenture has the highest number of Industry 4.0 professionals of the providers evaluated. • The company has the most clients for Industry 4.0 of companies across North America, Europe and the Asia-Pacific region. • It also has the highest number of Industry 4.0-related patents. • Accenture has increased its industry and technology competency with several successful acquisitions in the Industry 4.0 sector. R&R Description
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    R & RUpdates IT Shades Engage & Enable Accenture is the First Partner to Achieve SAP-Certified Integration with SAP® Model Company Delivered Through Accenture myConcerto® For any queries, Please write to marketing@itshades.com 28 Accenture announced that it is the first company to achieve SAP-certified integration with the SAP® Model Company service, which can accelerate custom deployment of SAP S/4HANA by as much as 30 percent1. This certification distinguishes Accenture’s intelligent enterprise solutions for oil and gas and life sciences companies, which the company delivers through its Accenture myConcerto® platform. These solutions include preconfigured, industry-specific processes of SAP Model Company services designed to help companies implement SAP solutions more quickly and effectively. Protected by over 40 patents and applications across more than 10 countries, Accenture myConcerto is an insight-driven, digitally integrated platform that combines the power of SAP solutions and technologies with Accenture’s industry and functional expertise. Accenture was also the first solution partner to become qualified for SAP Model Company. The myConcerto intelligent enterprise solutions for the oil and gas and life sciences industries bring the best of Accenture and SAP together to help companies use core functionality from co-developed industry solutions based on SAP S/4HANA. The solutions can be rapidly deployed through a personalized, data-driven roadmap that includes the latest assets, methodologies, technologies and program management capabilities needed to drive a successful transformation. These are the first of many pre-configured industry and business solutions from Accenture that are in the certification process for SAP Model Company. R&R Description
  • 36.
    R & RUpdates IT Shades Engage & Enable Atos named on CDP ‘A List’ for leading effort against climate change For any queries, Please write to marketing@itshades.com 29 Atos, a global leader in digital transformation, has been commended for its climate action this year, achieving a place on global environmental impact non-profit CDP's prestigious ‘A List’ for climate change, based on the company’s climate reporting in 2019. Atos was recognized for its actions to cut emissions, mitigate climate risks and develop the low-carbon economy, based on the data submitted by the company through CDP’s 2019 climate change questionnaire. Atos is one of a small number of high-performing companies out of thousands that were scored. CDP’s annual environmental disclosure and scoring process is widely recognized as the gold standard of corporate environmental transparency. A detailed and independent methodology is used by CDP to assess these companies, allocating a score of A to D- based on the comprehensiveness of disclosure, awareness and management of environmental risks and demonstration of best practices associated with environmental leadership, such as setting ambitious and meaningful targets.In 2019, Atos was also recognized as Industry leader by other sustainability ratings companies such as EcoVadis and the DJSI (Dow Jones Sustainability Index).The Climate Change A List is published by CDP each year, alongside the A Lists for leadership on protecting forests and water security.Atos is a global leader in digital transformation with over 110,000 employees in 73 countries and annual revenue of over € 11 billion. European number one in Cloud, Cybersecurity and High-Performance Computing, the Group provides end-to-end Orchestrated Hybrid Cloud, Big Data, Business Applications and Digital Workplace solutions. The group is the Worldwide Information Technology Partner for the Olympic & Paralympic Games and operates under the brands Atos, Atos Syntel, and Unify. Atos is a SE (Societas Europaea), listed on the CAC40 Paris stock index. R&R Description
  • 37.
    R & RUpdates IT Shades Engage & Enable CACI Named a Fortune World’s Most Admired Company For any queries, Please write to marketing@itshades.com 30 CACI International Inc announced that Fortune magazine has recognized it as one of the World’s Most Admired Companies for 2020, CACI’s ninth time appearing on the list. CACI ranked seventh among Information Technology Services companies worldwide. CACI earned top scores under Fortune’s survey criteria, which include innovation, people management, use of corporate assets, social responsibility, quality of management, financial soundness, long-term investment, quality of products and services, and global competitiveness. A company must score in the top half of its industry group to be included on the reputable list. Fortune, in partnership with the global management consulting firm Korn Ferry, surveys thousands of top corporate executives and directors to compile the Most Admired rankings. Those rankings identify companies that enjoy the strongest reputations across various industries.CACI’s 22,000 talented employees are vigilant in providing the unique expertise and distinctive technology that address our customers’ greatest enterprise and mission challenges. Our culture of good character, innovation, and excellence drives our success and earns us recognition as a Fortune World's Most Admired Company. As a member of the Fortune 1000 Largest Companies, the Russell 1000 Index, and the S&P MidCap 400 Index, we consistently deliver strong shareholder value. R&R Description
  • 38.
    R & RUpdates IT Shades Engage & Enable Cognizant Named a Leader in SAP Services by Independent Research Firm For any queries, Please write to marketing@itshades.com 31 Cognizant announced it has been named a leader among SAP service providers for midsize enterprises in a new report by Forrester Research. The Forrester Wave™: SAP Services Providers for Midsize Enterprises, Q4 2019 report evaluated 12 service providers on 22 criteria based on their current offerings, strategy and market presence. Cognizant received the highest possible scores in 17 criteria, including implementation services, ongoing support services, S/4HANA capabilities, innovation roadmap, commercial model, partner ecosystem, number of SAP clients, geographic breadth of services and revenue from SAP services. In its vendor profile, the report states: • Cognizant is the largest provider included in the evaluation, with more than 10,000 SAP practitioners among its 280,000 employees. In addition, Cognizant offers the broadest coverage of next-gen SAP apps among the providers, with particular strength in C/4HANA and S/4HANA. • Through acquisitions, Cognizant has bolstered its business consulting and design capabilities and invested in SAP-specific implementation capabilities through proprietary methodologies like Agile-based Cognivate, based on SAP Activate. • Reference customers noted Cognizant's deep technical expertise in newer SAP offerings, as well as a willingness to share risk and handle complex integrations. R&R Description
  • 39.
    R & RUpdates IT Shades Engage & Enable Cognizant Named a Leader of Healthcare Business Process Services in New Everest Group Report For any queries, Please write to marketing@itshades.com 32 Cognizant has been named a leading Business Process Services (BPS) provider in the Clinical and Care Management market by consulting and research firm Everest Group. The Clinical and Care Management (CCM) BPS Services PEAK Matrix®report assessed 16 global healthcare service providers delivering solutions supporting the full spectrum of CCM and found Cognizant to be in the top Leader category. Clinical and Care Management, which represents a growing healthcare market segment, focuses on population health, risk assessments, case management and medication adherence programs that help enable quality care at low costs. Cognizant stood out, according to Everest Group, for its array of transformative solutions, including cloud technology, IoT offerings and predictive analytics. Utilizing these digital technologies, Cognizant provides managed services and solutions for utilization, care coordination and population health management, as well as risk adjustment and compliance. For one large healthcare provider, Cognizant developed a text mining engine that efficiently analyzed caregivers' notes to extract specific words and relevant information and identify context and meaningful insights. The Cognizant-developed algorithm analyzed 900,000 records from approximately 200,000 patients and generated critical insights for the provider and its patients to improve care. Cognizant works with many of the largest health plans and insurers and has spent the last several years investing in new expertise and capabilities, including through its acquisitions of Bolder Healthcare Solutions, TMG Health and TriZetto to meet the demands of a changing market. R&R Description
  • 40.
    R & RUpdates IT Shades Engage & Enable ALM Intelligence names EY as the leader in corporate services consulting for organizations’ transformation initiatives For any queries, Please write to marketing@itshades.com 33 EY has been recognized by ALM Intelligence (ALM) as the market leader for corporate services consulting in the new ALM report, The ALM Vanguard: Corporate Services Consulting 2019. The report assesses consulting services organizations for their ability to deliver impact for their clients by improving the performance of back-office functions that support the workforce, including those in corporate center, shared services centers, outsourced services and captive operations. In the report, EY was rated first in breadth and client impact, and called out as a “best in class” provider for client capability and enabling tools. According to ALM, EY gained leadership due to an expanding spectrum of assets, products and platforms that function as a combined management and operating system for corporate services transformation. The report also notes that clients perceive EY as ahead of the curve on multiple fronts, especially the ability to guide C-suite stakeholders through the “art of the possible” scenario planning in the EY wavespace™ global growth and innovation centers, and capabilities in end-to-end process design, infrastructure support and maintenance, and intelligent automation.The engine of the EY corporate services consulting is Global Business Services (GBS), which is part of the EY Advisory service line. GBS engagements draw on the knowledge and resources across all EY services lines, including Assurance, Tax and Transaction Advisory Services, as well as the broad scope of management consulting services offered by Advisory, including strategy, performance improvement, risk, customer, cybersecurity, big data and analytics, and technologies that include blockchain, artificial intelligence, IoT and robotic process automation. EY GBS also leverages EY experience in industry markets and issues-led consulting. R&R Description
  • 41.
    R & RUpdates IT Shades Engage & Enable Genpact Wins Eight Brandon Hall Group Human Capital Management Excellence Awards For any queries, Please write to marketing@itshades.com 34 Genpact, a global professional services firm focused on delivering digital transformation, announced that it was awarded with the 2019 Brandon Hall Group Human Capital Management (HCM) Excellence Awards for global talent development programs, hiring practices, and corporate culture. Now entering its 25th year, the awards program is among the most prestigious in the learning and talent management and human resources industry. The awards recognize Genpact's learning and development program and talent acquisition initiatives that provide employees with future-ready skills that drive digital transformation for clients. Leveraging mobile programs, social and bite-sized learning and leadership development, the company is at the forefront of the latest HCM trends. Continuing its track record of winning Brandon Hall Group awards for seven consecutive years, Genpact's current recognition includes: Five gold awards: • Best Certification Program: For Genpact's experiential learning program, equipping its transition leaders with innovation, digital, and consultative skills to reimagine the way Genpact manages its clients' transformation journeys; • Best Advance in Corporate Culture Transformation: For its shift from a traditional model to a self-service ecosystem, allowing Genpact human resources leaders to focus on more strategic initiatives, reducing time spent on administrative tasks by 40%; • Best Advance in Leadership Development for Women: For its diversity program that increased Genpact's senior women leaders from 15% in 2014 to 23% in 2018 in its Banking and Capital Markets business; • Best Unique or Innovative Workforce Management Program: For Genpact's partnership with Geometric Results Inc. to centralize contingent workforce management and transform its contractual hiring processes across sourcing, hiring, and lifecycle management; and • Best Advance in Talent Acquisition Process: For its executive hiring campus program that encourages a future-ready, diverse talent pool for strategic positions in sales, consulting, and transformation services. Three silver awards: • Best Use of Social and Collaborative Learning: For Genpact's curated program to engage learners and create subject matter experts in insurance. • Best Use of Blended Learning: For its leadership development program design that combines structured learning, work experience, and leadership interactions to provide continuous learning opportunities; and • Best Learning Program Supporting a Change Management Strategy: For its program that emphasizes digital and domain skills to create a pool of future-ready engineers who can leverage new technologies in the information technology services business, delivering innovative solutions to transform clients' business. R&R Description
  • 42.
    R & RUpdates IT Shades Engage & Enable Infosys Positioned as a Leader in Gartner’s Magic Quadrant for IT Services for Communication Services Providers, Worldwide For any queries, Please write to marketing@itshades.com 35 Infosys, a global leader in next generation digital services and consulting has been named a ‘Leader’ in Gartner’s Magic Quadrant for IT Services for Communications Service Providers, Worldwide. Infosys was recognized for its ability to execute and completeness of vision. Gartner defines Leaders as those who are “suited for most ITS-CSP engagements. They are market- leading in several digital business transformation capabilities.” Gartner’s report Magic Quadrant for IT Services for Communications Service Providers, Worldwide evaluated 13 global vendors on their ability to execute, along with completeness of vision. For more than two decades, Infosys has helped over 50 global telcos including cable, mobile virtual network operators, and media and entertainment companies navigate their transformation journeys. Our deep domain expertise and rich experience has guided telcos to drive network modernization and service differentiation while repositioning them as digital service providers. Infosys leads this evolutionary journey by combining dedicated Centers of Excellence, a global partner ecosystem, and our 5G Living Labs to incubate new services, introduce innovative business models, and deploy advanced technologies such as edge computing and network slicing.Infosys is a global leader in next-generation digital services and consulting. We enable clients in 46 countries to navigate their digital transformation. With over three decades of experience in managing the systems and workings of global enterprises, we expertly steer our clients through their digital journey. We do it by enabling the enterprise with an AI-powered core that helps prioritize the execution of change. We also empower the business with agile digital at scale to deliver unprecedented levels of performance and customer delight. Our always-on learning agenda drives their continuous improvement through building and transferring digital skills, expertise, and ideas from our innovation ecosystem. R&R Description
  • 43.
    R & RUpdates IT Shades Engage & Enable Intellias Featured Among Leading Machine Learning Players to Follow in 2020 For any queries, Please write to marketing@itshades.com 36 In January 2020, Intellias was acknowledged among the top 10 machine learning companies worth attention in 2020. Robots.net, the online library of the latest technology trends, introductory guides, expert articles, and product reviews, has comprised the list of leading machine learning companies. The list includes companies that contribute significantly to the technology development and market scope expansion. Intellias has already become a compelling name among machine learning companies for its advanced solutions across industries for narrow needs. The company has deep expertise in using computer vision and machine learning algorithms for object recognition, data-driven decisions, predictive analytics, and chatbot services.Intellias is a software engineering company with nearshore development centers in the Ukrainian cities of Lviv, Kyiv, Odesa, Kharkiv, and Ivano-Frankivsk, and on-site offices in Berlin, Germany, and Krakow, Poland. The company has 18 years of experience in the DACH and Benelux countries, the United States, the United Kingdom, and Canada. KPMG has highlighted Intellias as one of the leading IT-BPO providers in Lviv. Intellias has also been recognized by Inc. 5000 as one of the fastest-growing privately held companies in Europe. In 2018, Intellias got backing from Horizon Capital, the biggest private equity fund in Ukraine, to broaden its delivery footprint and increase service capabilities with new delivery centers in Central and Eastern Europe. R&R Description
  • 44.
    R & RUpdates IT Shades Engage & Enable Intellias Makes First Hundred in Clutch Top 1000 B2B Service Providers For any queries, Please write to marketing@itshades.com 37 Clutch revealed its exclusive 2019 Clutch 1000 List, reviewing best platform featured B2B service providers. Intellias made the first hundred being once again acknowledged as one of the global leaders among companies from 35 countries. This annual report recognizes companies that have rankings within the top 1% of all companies on Clutch. Intellias is consistently showing high performance results in Clutch ratings. This 2019 award marks the fifth time Intellias has been recognized by Clutch, including Global Leaders of 2018 and Top 25 IT Outsourcing Companies.Clutch is a B2B market research firm that evaluates and ranks technology service providers, recognizing businesses that have gone above and beyond for their clients. It is an honor for a company to get featured in the list as well as a mark of its exceptional service excellence.Before releasing ratings, Clutch thoroughly analyses companies’ score that is based on: • Quality and quantity of verified client reviews • Recency of verified client reviews • Offered services • Portfolio of clients • Brand reputation • Visibility in its target market R&R Description
  • 45.
    R & RUpdates IT Shades Engage & Enable Mercer Receives 2020 FutureEdge 50 Award from IDG For any queries, Please write to marketing@itshades.com 38 Mercer has been named an honoree of a 2020 FutureEdge 50 Award from IDG’s CIO. This prestigious honor is awarded to organizations pushing the edge with new technologies to advance their business for the future. Mercer will accept its award at the AGENDA20 Conference held March 23 – 25 at the Sawgrass Marriott Golf Resort & Spa in Ponte Vedra Beach, Florida.The FutureEdge 50 awards recognize organizations pushing the edge with new technologies to advance their business for the future. The successor to the Digital Edge 50 awards, the FutureEdge 50 will recognize not only established initiatives driving business success but also early-stage projects pursued for their watershed potential. These initiatives may be in R&D, proof of concept or pilot phases. With this, the FutureEdge 50 awards aim to bring the most cutting-edge trials and applications of emerging technologies – and the innovative cultures enabling them — to our audience at the AGENDA conference.CIO focuses on attracting the highest concentration of enterprise CIOs and business technology executives with unparalleled expertise on business strategy, innovation, and leadership. As organizations grow with digital transformation, CIO provides its readers with invaluable peer insights on the evolving CIO role as well as how leading IT organizations are employing technologies, including automation, AI & machine learning, data analytics and cloud, to create business value. R&R Description
  • 46.
    R & RUpdates IT Shades Engage & Enable Mindtree Named a Market Leader in Digital Business Solutions and Services by ISG For any queries, Please write to marketing@itshades.com 39 Mindtree, a leading digital transformation and technology services company, announced it has been recognized as a market leader in digital business solutions in the U.S. by Information Services Group (ISG), a leading global technology research and advisory firm. According to the ISG Provider Lens™ Digital Business Solutions and Services Report for the U.S., Mindtree was among the leading providers in Digital Backbone Managed Services (Midmarket), and Digital Product Lifecycle Services (Midmarket).The ISG Provider Lens™ Digital Business Solutions and Services Report for the U.S. outlines the capabilities of 39 of providers across seven quadrants. The series draws insights on service provider capabilities from focused surveys, briefings, interviews with providers, input from ISG advisors, ISG benchmarking data, and data drawn from the ISG Contracts Knowledgebase™ and ISG Engagement Database™. The series is a complement to the ISG Provider Lens Archetype reports, which offer a first-of-its-kind evaluation of providers from the perspective of specific buyer types.ISG (Information Services Group) (Nasdaq: III) is a leading global technology research and advisory firm. A trusted business partner to more than 700 clients, including more than 70 of the top 100 enterprises in the world, ISG is committed to helping corporations, public sector organizations, and service and technology providers achieve operational excellence and faster growth. The firm specializes in digital transformation services, including automation, cloud and data analytics; sourcing advisory; managed governance and risk services; network carrier services; strategy and operations design; change management; market intelligence and technology research and analysis. Founded in 2006, and based in Stamford, Conn., ISG employs more than 1,300 digital-ready professionals operating in more than 20 countries—a global team known for its innovative thinking, market influence, deep industry and technology expertise, and world-class research and analytical capabilities based on the industry’s most comprehensive marketplace data. R&R Description
  • 47.
    R & RUpdates IT Shades Engage & Enable NCC Group awarded TISAX security label for German car industry security assessments For any queries, Please write to marketing@itshades.com 40 NCC Group has been successfully accredited and awarded a security label from ENX to perform automotive security assessments for the German car manufacturing industry through the TISAX framework. TISAX (Trusted Information Security Assessment Exchange) is a cybersecurity framework developed by the Verband der Automobilindustrie (VDA), the German Automobile Industry Association. Automotive manufacturers wanting to process sensitive customer information or evaluate the information security of suppliers can use TISAX as a supporting framework to help them with their assessments. TISAX Assessments cover information security management, data protection, connections with third parties and prototype protection.TISAX is a registered trademark and governed by ENX Association. ENX Association governs TISAX on behalf of the VDA. R&R Description
  • 48.
    R & RUpdates IT Shades Engage & Enable NTT DATA Named a Leader and Star Performer in Blockchain Services 2020 Report by Everest Group For any queries, Please write to marketing@itshades.com 41 NTT DATA announced the company has been named a Leader and Star Performer in blockchain services by Everest Group in their recently published "Enterprise Blockchain Services PEAK Matrix™ Assessment 2020 report" highlighting the top IT services providers that leverage blockchain to support client initiatives. NTT DATA's partnerships and business strategy approach, capabilities and experience in developing blockchain solutions across diverse industries have helped solidify its leader position once again. Its education and design-thinking workshops help clients understand how blockchain can benefit their business challenges. With more than 70 use cases, NTT DATA has experience with a wide spectrum of business solutions including payments, cross-border transfers, identity management, KYC etc. in banking and insurance; supply chain track and trace, trade finance, loyalty programs in retail and manufacturing and health data management, clinical trials management in healthcare and life sciences.NTT DATA is a leading IT services provider and global innovation partner headquartered in Tokyo, with business operations in over 50 countries. Their emphasis is on long-term commitment, combining global reach with local intimacy to provide premier professional services varying from consulting and systems development to outsourcing. R&R Description
  • 49.
    R & RUpdates IT Shades Engage & Enable QuEST Global recognized as a Leader in Zinnov Zones for Automotive ER&D services For any queries, Please write to marketing@itshades.com 42 QuEST Global, a global product engineering and lifecycle services company, announced that it has been positioned as a leader in the Zinnov Zones 2019 Automotive Engineering and R&D (ER&D) Services report. This industry benchmarking report was published by Zinnov after completing the comprehensive assessment of 26 Global Engineering Service Providers to evaluate their overall Automotive ER&D services capabilities. The engineering service providers were evaluated based on 30+ parameters and sub-parameters in different automotive micro-verticals such as Advanced Driver Assistance Systems (ADAS), body engineering, cockpit electronics, electric powertrain and telematics. In the report, Zinnov recognized the leadership capabilities of QuEST Global in Body Engineering, especially considering its deep expertise in concepts, styling, design, modelling and simulation applied to interiors, exteriors, dashboard, center consoles etc. Zinnov has also recognized growing capabilities of QuEST Global in the cockpit electronics, ADAS, and powertrain by positioning the company in the execution zone in these segments. Such recognition is a true reflection of how the company is enabling its customers to Create the Frontier by advancing the ways people travel, live, work and engage with each other.As a trusted thinking partner, QuEST Global has been working with the world’s most recognized companies in automotive industry for the last two decades. The company is committed to enable its customers to Create The Frontier by advancing the ways people drive, travel and interact with each other. Being at the forefront of the convergence of Mechanical, Electronics, Software and Digital Engineering Innovations, the company is helping OEMs and Tier 1 suppliers to address the growing demand of providing connected engineering experience to the end customers. By developing comprehensive engineering services and solutions, QuEST Global has been partnering with its automotive customers for overcoming the new-age engineering challenges and make products safer and more reliable in today’s digital age. R&R Description
  • 50.
    R & RUpdates IT Shades Engage & Enable Sopra Steria’s leadership on Climate Action recognised by CDP for the third consecutive year For any queries, Please write to marketing@itshades.com 43 Sopra Steria, a European leader in consulting, digital services and software development, has been recognised as a global leader on corporate climate action by its inclusion in the CDP Climate Change ‘A’ List for the third consecutive year. Inclusion in the CDP Climate Change ‘A’ List rewards Sopra Steria for pursuing an ambitious environmental sustainability programme as part of its wider Corporate Responsibility strategy and making climate action ‘business as usual’ in its operations, supply chain and services to clients. CDP’s annual environmental disclosure and scoring process is widely recognized as the gold standard of corporate environmental transparency. In 2019, over 525 investors with over US$96 trillion in assets and 125 major purchasers with US$3.6 trillion in procurement spend requested companies to disclose data on environmental impacts, risks and opportunities through CDP’s platform and over 8,400 responded. Sopra Steria’s successful environmental sustainability programme over the past five years included: • Developing a culture with employees that embraces the best practice of Circular Economy and sound Environment Management principles • Setting long-term, science-based reduction targets for greenhouse gas emissions (including Supply Chain), approved by the Science Based Target Initiative (SBTi), required to limit the rise in global average temperatures to 1.5°C • Implementing projects to reduce greenhouse gas emissions such as consumption reduction, moving to renewable energy, moving to energy efficient offices, leveraging technology to reduce business travel and using low-carbon modes of travel • Being CarbonNeutral® for business travel, offices and data centres • Supporting our clients to become more sustainable through our services and solutions • Showing Thought Leadership and engaging with the European UN Global Compact Peer Learning Group on Climate Building on its success, Sopra Steria adds further momentum by: • Becoming a founding partner of Make.org for the Grande Cause Environment, the biggest public consultation on the environment ever launched in France • Entrepreneurship for Tomorrow Award - the Grand Prize of the Sopra Steria-Institut de France Foundation - rewarding and supporting students and young entrepreneurs who are committed to digital responsibility, with a focus on the environment in 2020. R&R Description
  • 51.
    R & RUpdates IT Shades Engage & Enable Tech Mahindra Recognized as a ‘Leader’ in Automotive Engineering Services by Everest Group PEAK Matrix™ For any queries, Please write to marketing@itshades.com 44 Tech Mahindra Ltd. a leading provider of digital transformation, consulting and business reengineering services and solutions, has been recognized as a ‘Leader’in the Everest Group Automotive Engineering Services PEAK Matrix® Assessment for the year 2019. Focus on proactive investments in innovation labs, certifications in next generation technologies, key acquisitions to strengthen the digital portfolio, and Tech Mahindra’s end-to-end offering across domains to enable customer’s digital transformation journey were amongst the key assessment criteria. As part of this report, Everest Group classified service providers on the PEAK Matrix® into Leaders, Major Contenders, Aspirants, and positioned Tech Mahindra as a “Leader” for its strong capabilities in automotive engineering services.Tech Mahindra was evaluated across a range of parameters such as “vision & capability” and “market impact” including services, products, solutions and locations. It was positioned as a ‘Leader’ based on - top quartile performance across market success; delivery capability captured through ability to deliver services successfully through scale, scope, enabling capabilities and delivery footprint; expertise in, and driving focus on technologies of the future, investments in strategic platforms; customized industry specific solutions and advisory role in a customer’s digital transformation journey.Tech Mahindra’s Integrated Engineering Solutions (IES) delivers solutions enabling “Digital Engineering Enterprise” across Aerospace and Defense, Automotive, Industrial, Telecom, Hi-Tech, Healthcare, Transportation and ISVs. With 50+ exclusive engineering development centers supporting new program launches and 120+ marquee global customers, Tech Mahindra IES is an established leader for Engineering Services in the industry. R&R Description
  • 52.
    R & RUpdates IT Shades Engage & Enable Tech Mahindra’s Diversity and Inclusion Initiatives Recognised by Bloomberg For any queries, Please write to marketing@itshades.com 45 Tech Mahindra Ltd. a leading provider of digital transformation, consulting and business reengineering services and solutions, announced that its diversity and inclusion initiatives have been recognised by Bloomberg. Tech Mahindra is amongst the only three Indian companies to be included in the Bloomberg 2020 Gender-Equality Index (GEI). GEI measures gender equality across five pillars - female leadership and talent pipeline, equal pay and gender pay parity, inclusive culture, sexual harassment policies, and pro-women brand. Tech Mahindra was evaluated on the basis of financial performance committed to supporting gender equality through policy development, representation, and transparency.As part of this report the index includes 325 companies across 50 sectors headquartered across 42 countries and regions. This year, Bloomberg expanded the eligibility for inclusion in the index to nearly 6,000 companies across 84 countries and regions. In 2019, the GEI had 230 companies from 36 countries and regions.Tech Mahindra has been one of the early adopters of laying out an inclusive and non-negotiable, diversity and inclusion (D&I) policy. As part of TechMHRNxt, under Tech Mahindra’s TechMNxt charter, an initiative to provide the ‘workplace of the future’ and enhance employee experience, dignity of each associate is upheld as one of our core values. At Tech Mahindra, diversity is an instrument of growth, and the uniqueness of every individual is celebrated by fostering an environment of inclusion and empowerment. R&R Description
  • 53.
    R & RUpdates IT Shades Engage & Enable UST Global Honored As One Of The Top 100 Best Places To Work In 2020 For any queries, Please write to marketing@itshades.com 46 UST Global, a leading digital transformation solutions company, has been honored with a Glassdoor Employees' Choice Award, recognizing the company as one of the Top 100 Best Places to Work in 2020. Additionally, it was featured among the top 31 tech companies in this year's ranking. The Employees’Choice Awards program, now in its 12th year, is based solely on the input of employees, who elect to provide feedback on their jobs, work environments, and companies on Glassdoor, one of the world’s largest job and recruiting sites. UST Global employees gave an average of 4.3 out of 5 in their reviews for working at the company. UST Global, a fast-growing organization that provides advanced digital transformation services, products, and platforms to Global 1000 and Fortune 500 enterprises around the world, has a deeply rooted culture founded in the company's mission of ‘Transforming Lives'.UST Global was also recently recognized as ‘Great Place to Work’® in India and US geographies. Earlier this year, the company also got into the top 100 list for Best Companies for Women (BCWI) and Most Inclusive Companies Index (MICI) by Working Mother & Avtar100.UST Global is a leading digital technology solutions company that provides advanced computing and digital services to large private and public enterprises around the world. Its clients include Fortune 500 companies in banking and financial services, insurance, healthcare, retail, manufacturing, shipping, technology, semi-conductor and telecom. UST Global believes in building long term, strategic business partnerships through client-centric global engagement models that combine local experts and resources with the cost, scale, and quality advantages of global operations. R&R Description
  • 54.
    R & RUpdates IT Shades Engage & Enable Wipro positioned as a Leader in Networks - Software defined solutions and services for UK and Nordics For any queries, Please write to marketing@itshades.com 47 Wipro Limited a leading global information technology, consulting and business process services company, announced that it has been positioned as a Leader in ISG Provider Lens™: Network - Software Defined Solutions and Services quadrant report for Nordics and the U.K. The reports were authored by AvimanyuBasu. ISG recognized Wipro after evaluating the capabilities of 153 providers across seven quadrants: Managed WAN Services; Mobile Network (4G/5G) Additional (non-core) Services; SDN Transformation Services (Consulting and Implementation); SD-WAN Equipment and Services (DIY); SDN Security Services; SD Network Technologies (Core), and SD Network Technologies (Mobile to Edge). Wipro has been named a ‘Leader’ in Managed WAN Services, SDN Transformation Services (Consulting & Implementation), SDN security services, SD Network Technologies (Core) and SD Network Technologies (Mobile to Edge) quadrant in the ISG Provider Lens™: Network - Software Defined Solutions and Services quadrant report for Nordics. Separately in the ISG Provider Lens™: Network - Software Defined Solutions and Services quadrant report for UK, Wipro has been acknowledged as a Leader in Managed WAN Services, SDN Transformation Services (Consulting & Implementation), & SDN security services and a ‘Rising star’ in Mobile Network (4G/5G) Additional (non-core) Services, SD Network Technologies (Core) and SD Network Technologies (Mobile to Edge) quadrant. The ISG Provider Lens ™: Network - Software Defined Solutions and Services quadrant report for Nordics highlights that Wipro’s OEM-agnostic approach, flexible delivery, versatile engagement model, and skilled workforce combined with a global footprint, an array of IP and tools have helped the company deliver reliable and holistic AI, RPA-driven solutions to customers. According to the ISG Provider Lens™: Network - Software Defined Solutions and Services quadrant report for UK, Wipro brings in the right mix of automation, AI and strategic consulting capabilities for a client looking for network optimization and not necessarily transformation. The company has a significant and reliable managed services portfolio for traditional WAN and SD-WAN in the UK along with a vast enterprise client base. R&R Description
  • 55.
    R & RUpdates IT Shades Engage & Enable Wipro Positioned as a Global Market Leader in Software Defined Network Solutions and Services by ISG For any queries, Please write to marketing@itshades.com 48 Wipro Limited, a leading global information technology, consulting and business process services company, announced that it has been positioned as a Leader in ISG Provider Lens™: Network - Software Defined Solutions and Services Global 2019 quadrant report authored by Kenn Walters. The ISG Provider Lens™ Network – Software Defined Solutions and Services Global 2019 quadrant report evaluates the capabilities of 153 providers across seven quadrants: Managed WAN Services; Mobile Network (4G/5G) Additional (non-core) Services; SDN Transformation Services (Consulting and Implementation); SD-WAN Equipment and Services (DIY); SDN Security Services; SD Network Technologies (Core), and SD Network Technologies (Mobile to Edge). It highlights that Wipro produces highly innovative solutions backed by expertise, toolsets, methods and processes, including Artificial Intelligence (AI) & Robotic process Automation (RPA), and is an important provider of advanced security packages within SDN globally. Wipro has been recognised as a Leader in Managed WAN Services, SDN Transformation Services (Consulting & Implementation) and a Rising Star in SDN Security Services quadrant in the report. According to ISG analysts, “Wipro’s managed network services are consulting led, covering both off-the-shelf and highly tailored client-specific solutions. These include Wipro Digital’s Designit, ITIL integrated service platforms, governance via Wipro SmartView, Cloud Trust Security framework, Wipro Holmes™ RPA/AI methods and toolsets and Wipro WANTAGE. It also offers partner solutions and products from leading OEM’s. Wipro’s SD network services portfolio falls under its “connected future” practice and includes data center networks, WAN, SD-WAN and SDN/NFV areas, utilizing Swift SDN and #WANFreedom. Delivery is supported throughout the operational deployment and is managed by a vast array of toolsets, products and processes.” R&R Description
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    IT Shades Engage &Enable For any queries, Please write to marketing@itshades.com Customer Success Updates Consulting & IT Services Industry
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    Customer Success Updates ITShades Engage & Enable Accenture Federal Services Wins Position on Defense Information Systems Agency Contract for Innovative Technology Solutions For any queries, Please write to marketing@itshades.com 49 Accenture has been awarded an indefinite delivery, indefinite quantity (IDIQ) contract with Defense Information Systems Agency (DISA) to provide systems engineering and technology solutions that transform the way soldiers interact with Department of Defense information technology (IT) and to implement next-generation technology advancements.DISA’s Systems Engineering, Technology, and Innovation (SETI) award is a five-year base IDIQ contract, with a five-year option period, with a ceiling of $7.5 billion. The SETI contract is designed to address current and future mission requirements and increase IT capabilities through disruptive innovation. The goal of the contract is to help DISA streamline critical engineering functions for the research, design, development, integration and optimization of defense IT capabilities, systems and solutions.Under the terms of the agreement, Accenture Federal Services (AFS) and its teaming partners will compete for task orders to provide cloud, application and cyber solutions with an overarching emphasis on innovation.Accenture Federal Services, a wholly owned subsidiary of Accenture LLP, is a U.S. company with offices in Arlington, Virginia. Accenture’s federal business has served every cabinet-level department and 30 of the largest federal organizations. Accenture Federal Services transforms bold ideas into breakthrough outcomes for clients at defense, intelligence, public safety, civilian and military health organizations.Accenture is a leading global professional services company, providing a broad range of services and solutions in strategy, consulting, digital, technology and operations. Combining unmatched experience and specialized skills across more than 40 industries and all business functions — underpinned by the world’s largest delivery network — Accenture works at the intersection of business and technology to help clients improve their performance and create sustainable value for their stakeholders. With 505,000 people serving clients in more than 120 countries, Accenture drives innovation to improve the way the world works and lives. Description
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    Customer Success Updates ITShades Engage & Enable Accenture Federal Services Awarded HUD BPA to Advance the Modernization of Ginnie Mae’s Securitization Platform For any queries, Please write to marketing@itshades.com 50 Accenture has been awarded a position on a blanket purchase agreement (BPA) to provide the Government National Mortgage Association (Ginnie Mae) with information technology software development services and to modernize the proprietary applications, databases and systems that comprise Ginnie Mae’s securitization platform technologies. The $127 million BPA — awarded by the U.S. Department of Housing and Urban Development (HUD) under which Ginnie Mae operates — is for a multi-award contract over five years. Accenture Federal Services (AFS) was one of four contracting firms receiving the award. The modernization of Ginnie Mae’s securitization platform involves applying innovative practices, including Agile software development, and integrating new technologies, such as robotic process automation, to upgrade Ginnie Mae’s critical business operations. The transformation will help Ginnie Mae deliver increased transparency, improve service delivery to issuers and investors, and adapt to evolving mortgage industry standards.To help accelerate Ginnie Mae’s modernization priorities, AFS will engage the newly expanded Accenture Federal Digital Studio, a collaborative environment where AFS professionals use the ground-breaking service design principles of Fjord, Accenture Interactive’s award-winning design consultancy, to help clients across all sectors of the federal government create citizen-and user-centric solutions.To deliver the full scope of work necessary to modernize Ginnie Mae’s securitization platform, AFS has teamed with Guidehouse, which has significant experience within the commercial and federal financial services industry and also serves as Ginnie Mae’s securitized transactions financial advisor. In addition, subcontractor Clarifire will provide its robust workflow automation platform to provide additional capabilities to Ginnie Mae. Description
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    Customer Success Updates ITShades Engage & Enable Accenture Helps French Reinsurer SCOR to Transform Its Finance Function with ServiceNow For any queries, Please write to marketing@itshades.com 51 Accenture and ServiceNow have helped SCOR, one of the world’s largest reinsurers, to transform its internal finance function by digitizing key business processes to improve workflow management and enable real-time reporting. Previously, many key processes within the finance function, including the quarterly-close process, were conducted manually, using spreadsheets, email and the telephone. This posed a great challenge, given the complexity of managing processes across the company’s more than 100 legal entities spread across six continents. As part of its work, Accenture helped SCOR implement ServiceNow’s Service Portal and Now Platform® as the underlying technology enabling the transformation and simplifying critical business functions. The new system currently handles approximately 30 key finance processes, some of which integrate robotic process automation. The automation has reduced the workload of some processes by as much as 40 days per year. As a result, employees can spend more time on business-critical functions rather than on labor-intensive administrative tasks. The digitization and consolidation of disparate actions into a single process also improves the auditing process and enhances data security — enabling the company to reduce risk, improve transparency and enhance the user experience for finance personnel. Key finance tasks that are now fully automated include: • entity sign-off for quarterly reporting (including the operating entities, the entities’ chief financial officers, and auditors, among others); • financial adjustments at the quarter-end closing process, including audit trails; and • bi-weekly intra-group transactions, enabling the company to collect sign-offs and better facilitate audit trails of transactions. Description
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    Customer Success Updates ITShades Engage & Enable Accenture Helps United Utilities Build and Deploy a Digital Workforce Management Solution, Based on Salesforce Platform For any queries, Please write to marketing@itshades.com 52 Accenture has helped United Utilities, the U.K.’s largest listed water company, build and deploy a new digital workforce management solution built on the Salesforce platform, enabling the company to improve the service it provides to its 7 million customers. To simplify processes, provide enhanced visibility of contractor work and customer data, optimize network maintenance, and resolve issues more quickly, United Utilities sought a solution that could support multiple contract partners and integrate their data on a single platform.As part of the project, Accenture helped the utility — which manages the regulated water and wastewater network in North West England — evaluate and select the optimal platform for the solution, creating a roadmap for transformation. Accenture then implemented a comprehensive solution and managed the migration of 4 million customer records to the system, digitizing processes for a workforce previously reliant on multiple outdated technologies.The new solution manages and optimizes the work, scheduling and customer engagement related to the repair and maintenance of United Utilities’ 120,000 kilometer-long water and wastewater network. This includes the raising of work, work schedule optimization, work dispatch, and tracking of progress updates from field technicians via mobile devices in real time. Beyond reactive maintenance, the solution also deploys sub-contractors for planned maintenance on below-ground assets, such as pumps, valves and pipes.The solution is designed to enable United Utilities to realize substantial cost savings, with the company predicting a return on its investment within six months and enabling savings of £110 million over five years. The solution should also support the demands of industry reporting standards from the outset while adapting to regulatory changes as they occur. Description
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    Customer Success Updates ITShades Engage & Enable Atos empowers researchers at the University of Luxembourg with its BullSequana XH2000 supercomputer For any queries, Please write to marketing@itshades.com 53 Atos, a global leader in digital transformation, has signed a 4-year contract to supply its BullSequana XH2000 supercomputer, to the University of Luxembourg, renowned European university and international leader in research. The supercomputer, named as ‘AION’, will allow the university to further accelerate research and to face global competition, by achieving cutting-edge results. The BullSequana XH2000 supercomputer will give researchers 1.5 times more computing capacity than previously, with a theoretical peak performance of 1.7 petaflops which will complement the existing supercomputing cluster. It will be equipped with AMD EPYC™ processors and Mellanox InfiniBand HDR technology, connected to a DDN storage environment. The new supercomputer will be used by the University and its European and international partners to accelerate the research performed in intensive computing and large-scale Big Data analytics. This includes cutting-edge developments for research in various domains such as particle physics, material sciences, theoretical chemistry, earth sciences, numerical weather prediction, astrophysics, cryptology, artificial intelligence, and economical simulations.Atos is a global leader in digital transformation with over 110,000 employees in 73 countries and annual revenue of over € 11 billion. European number one in Cloud, Cybersecurity and High-Performance Computing, the Group provides end-to-end Orchestrated Hybrid Cloud, Big Data, Business Applications and Digital Workplace solutions. The group is the Worldwide Information Technology Partner for the Olympic & Paralympic Games and operates under the brands Atos, Atos Syntel, and Unify. Atos is a SE (Societas Europaea), listed on the CAC40 Paris stock index. Description
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    Customer Success Updates ITShades Engage & Enable Atos supercomputer to enhance weather prediction capabilities for leading European numerical weather centre ECMWF For any queries, Please write to marketing@itshades.com 54 Atos, a global leader in digital transformation, has signed a new four-year contract worth over €80 million (approximately £67.8 million) with the European Centre for Medium-Range Weather Forecasts (ECMWF) to supply its BullSequana XH2000 supercomputer, which is one of the most powerful meteorological supercomputers in the world. It will increase ECMWF’s computing power by a factor of around 5 and will support hundreds of researchers from over 30 countries across Europe in their work on medium and long-range weather forecasting and prediction. Notably, it will enable them to reliably predict the occurrence and intensity of extreme weather events significantly ahead of time, essential to respond to the climate and weather crisis facing us today.Atos has successfully deployed BullSequana systems at many leading European supercomputing centres that either undertake production or research work into weather forecasting, earth systems and climate modelling including Meteo France, the German Climate Computing Centre, the Spanish AEMet, Royal Netherlands Meteorological Institute and Plymouth Marine Laboratory in the UK. Atos is also a partner of the ECMWF and other national weather centres in the ESCAPE2 and ESIWACE2 European projects developing next generation weather models which contribute to informing the future of atmospheric sciences. Description
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    Customer Success Updates ITShades Engage & Enable U.S. Navy awards BAE Systems $175 million for guided-missile cruiser modernization For any queries, Please write to marketing@itshades.com 55 BAE Systems has received a $175 million contract from the U.S. Navy to modernize the guided-missile cruiser USS Vicksburg (CG 69). The Vicksburg will undergo approximately 18 months of work at the company’s shipyard in Norfolk, Va., the ship’s homeport. The modernization period (MODPRD) contract includes options that, if exercised, would bring the cumulative value to $175.1 million. BAE Systems initiated the first phase of Vicksburg’s modernization program in May 2017. The company will begin the final phase of work, called MODPRD, later this month. Under the new contract, the shipyard’s employees and industry partners will work on the ship’s weapons and engineering equipment, including its gas turbine propulsion system; restore crew habitability spaces, and support the installation of a new Aegis combat system, communication suite and CANES (Consolidated Afloat Network Enterprise System). The Vicksburg’s MODPRD is scheduled to be complete in July 2021, allowing the ship to rejoin the operational fleet afterward. BAE Systems’ Norfolk shipyard also is performing similar work on the guided-missile cruiser USS Gettysburg (CG 64). The Gettysburg’s MODPRD work began in January 2019 and is expected to be complete in fall 2020. The Gettysburg and Vicksburg were commissioned in the early 1990s. BAE Systems’ work is expected to extend the service lives of both ships into the mid-2030s. Description
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    Customer Success Updates ITShades Engage & Enable BAE Systems to Provide Technical Support and Life Cycle Sustainment to the U.S. Navy Naval Air Warfare Center Aircraft Division For any queries, Please write to marketing@itshades.com 56 BAE Systems has been awarded a prime position on a five-year IDIQ contract. The U.S. Navy has awarded BAE Systems a prime position on a five-year, $34.9 million indefinite delivery/indefinite quantity (IDIQ) contract to provide life cycle sustainment and technical support for the Naval Air Warfare Center Aircraft Division’s (NAWCAD) Special Communications Mission Solutions Division. The contract was awarded through the Naval Air Warfare Center Aircraft Division Contracting Office.Through this award, BAE Systems will support and sustain variety of C5ISR systems embedded within vehicles, watercraft, and specialized communications platforms in the NAWCAD inventory. The company’s C5ISR efforts will include maintaining and upgrading command, control, communications, computers, cyber, intelligence, surveillance, and reconnaissance systems, integrated and networked to improve the situational awareness of military operators and decision makers. Work on this program will be performed in forward deployed mission locations include Central Command (CENTCOM) and Africa Command (AFRICOM) Areas of Responsibility (AOR). Description
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    Customer Success Updates ITShades Engage & Enable U.S. Navy Awards Booz Allen $178m GPS Contract For any queries, Please write to marketing@itshades.com 57 The U.S. Navy's Naval Information Warfare Center, in partnership with the U.S. Air Force Space and Missile Systems Center (SMC), has awarded Booz Allen Hamilton a $178 million contract to provide technical engineering services toward the modernization of advanced Global Positioning System (GPS) systems. The NIWC Pacific Positioning, Navigation, and Timing (PNT) Division is the Navy’s principal research and development center for navigation sensors and systems. SMC is the center of technical excellence for developing, acquiring, fielding, and sustaining resilient and affordable military space systems. By executing this contract, Booz Allen will continue to serve as a key mission partner for NIWC Pacific and SMC on the important endeavor of modernizing PNT systems for U.S. and Allied warfighters. In order to execute this highly complex scope of work, Booz Allen will provide a range of essential services, including system definition, requirements synchronization, capability improvement, cybersecurity engineering, platform integration and testing, and acquisition program management. Specifically, Booz Allen’s work will aid in the development and modernization of GPS systems through major programs such as Military GPS User Equipment, GPS III, and Next Generation Operational Control System. Description
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    Customer Success Updates ITShades Engage & Enable BNP Paribas Cardif selects CGI for worldwide support in complying with new IFRS 17 regulation For any queries, Please write to marketing@itshades.com 58 CGI and BNP Paribas Cardif, the world leader in bancassurance partnerships and creditor insurance1, have signed a new agreement for the delivery of services to support the insurer's compliance with the International Financial Reporting Standard (IFRS) 17. Led by its operations in France, CGI will provide business consulting and system integration services for a 21-month period to help BNP Paribas Cardif comply with IFRS 17 before its January 1, 2022 effective date. Issued by the International Accounting Standards Board, IFRS 17 redefines the way insurers calculate and report margin on insurance contracts. These new rules impact actuarial modelling, closing processes and accounting, as well as IT systems and operations. Compliance with IFRS standards is required in 100+ countries worldwide and permitted in many other countries. Covered insurers are in the process of assessing the new standard and evaluating their obligations and options as the January 1, 2022 effective date looms on the horizon. CGI, a leading end-to-end services provider, signed a partnership in 2018 with Moody's Analytics, a leading provider of financial intelligence, to support insurance companies with the implementation of the Moody's Analytic's RiskIntegrity™ solution for IFRS 17. CGI's partnership with Moody's Analytics, combined with its business consulting and systems integration capabilities, were key to its selection for this contract. CGI will work with BNP Paribas Cardif's actuarial, finance and IT teams to implement and deploy the RiskIntegrity solution for IFRS 17 within the company, using an innovative, end-to-end methodology. Description
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    Customer Success Updates ITShades Engage & Enable Bixby Research and Analytics Turns to Rightpoint's Technology Capabilities to Develop the First Comprehensive Platform Dedicated to the Private Debt Market For any queries, Please write to marketing@itshades.com 59 Bixby Research and Analytics, a financial technology company that is modernizing information flow, announced that it has launched the first comprehensive web platform dedicated to the private debt market – and selected Rightpoint, a Genpact company (NYSE: G), and the digital consultancy with technology at its core, for its experience design and development capabilities. The platform connects asset managers and hedge funds to real-time market moving news and financial information for companies in the private debt market. Over the last several decades, the asset management industry has seen unprecedented advances in technology; however, when you step back and look at where this advancement is taking place, it's been almost solely confined to the public market. Over the same time, private market information flow has remained antiquated with virtually no resources available to investment professionals.Bixby Research and Analytics turned to Rightpoint in 2019 for its best-in-class technology and experience-led approach to bring the concept to life. Bixby's web portal went live in late 2019 providing asset managers and hedge funds with real-time news, financial data and detailed portfolio information that is specifically tailored to each client's needs. With the private debt market being one of the fastest growing, and most underserved segments in the asset management world, Bixby Research and Analytics is uniquely positioned to become an industry leader in the fintech market.Bixby Research and Analytics connects asset managers and hedge funds to market moving news and financial information for companies in the private debt market. Bixby's proprietary software platform is tailored to each client's portfolio, delivering valuable updates for the most difficult to manage positions. Just as investment strategies adapt to changing market conditions, information flow should adapt to changing technology. Description
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    Customer Success Updates ITShades Engage & Enable Unisys to Provide Secure Service Desk, End User Support and Infrastructure Operations and Engineering Services to the U.S. Department of Health and Human Services' Office of the Inspector General For any queries, Please write to marketing@itshades.com 60 Unisys Corporation announced that the U.S. Department of Health and Human Services (HHS) selected the company to provide secure service desk, end user support and infrastructure operations and engineering services to the department's Office of the Inspector General (OIG). Under the task order, the company will deliver capabilities of its Unisys Digital Workplace Services and the Unisys InteliServe™ platform for service desk managed services.Delivery of these services will support the OIG mission to improve HHS programs and operations and protect them against fraud, waste and abuse. The new task order, worth up to $30.5 million and awarded in the third quarter of 2019, will run up to 4.5 years upon exercise of all the available options by HHS. Awarded under the National Institutes of Health's Chief Information Officer-Solutions and Partners 3 (CIO-SP3) indefinite delivery/indefinite quantity government-wide acquisition contract, the task order calls for a six-month base period, followed by four one-year option periods.To help the OIG achieve its goals, Unisys will leverage InteliServe, a set of managed services for end user support and secure infrastructure operations capabilities. As a result, OIG employees will have direct, seamless and secure access to the tools and information they need – enabling greater employee productivity, collaboration and efficiency. Unisys will also provide security services including endpoint protection, network access control, continuous diagnostics and mitigation and identity management. Description
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    IT Shades Engage &Enable For any queries, Please write to marketing@itshades.com Partner Ecosystem Updates Consulting & IT Services Industry
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    Partner Ecosystem Updates ITShades Engage & Enable Ohio State Launches Innovative Internship Program with Accenture in OSU’s Translational Data Analytics Institute For any queries, Please write to marketing@itshades.com 61 Building on a more than 20-year history of successful partnership, The Ohio State University (OSU) and Accenture announced a new internship program with OSU’s Translational Data Analytics Institute (TDAI) to provide students hands-on, real-world experiences in the field of data and analytics. TDAI is designed to address complex global problems by providing the space and tools for faculty, students, and industry and community partners to come together to create innovative solutions using data science and analytics. Accenture will work with TDAI as a foundational corporate partner, providing business expertise and generating research ideas while helping students build analytical skills and explore careers in data science.Prior to the initiative with TDAI, Accenture has supported a wide array of initiatives at Ohio State, including the Fisher College of Business and the College of Engineering in the company’s annual Innovation Challenge and sponsoring HackOHI/O and the Buckeye Undergraduate Consulting Club.This new initiative comes amid Time and Change: The Ohio State Campaign, the most ambitious, inclusive community-building and fundraising endeavor in the university’s 150 years of making history. The campaign, which launched publicly in October 2019, strives to engage one million supporters, an unprecedented level in higher education. Time and Change has a financial goal of $4.5 billion — also the largest in Ohio State’s history — with three core areas of focus: student success; discovery; and healthy, vibrant communities. Description
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    Partner Ecosystem Updates ITShades Engage & Enable Accenture Announced as Executive Partner of the American Council of Life Insurers For any queries, Please write to marketing@itshades.com 62 Accenture has been announced as Executive Partner of the American Council of Life Insurers (ACLI), providing ACLI members with insights and research through its Accenture Life Insurance Services practice to help carriers pursue digital transformation and innovation initiatives. ACLI advocates on behalf of 280 member companies that provide financial and retirement security services to a total of 90 million U.S. families. As part of the relationship Accenture will provide ACLI members with practical information on adopting emerging technologies, growing sustainably in the digital economy and scaling innovations to achieve more value from their technology investments.Accenture helps insurers drive growth with digital innovation, platform modernization, improved product distribution, and enhancing their relevance with customers using analytics. Accenture Life Insurance & Annuity Platform (ALIP) is part of Accenture Life Insurance Services.Accenture is a leading global professional services company, providing a broad range of services and solutions in strategy, consulting, digital, technology and operations. Combining unmatched experience and specialized skills across more than 40 industries and all business functions — underpinned by the world’s largest delivery network — Accenture works at the intersection of business and technology to help clients improve their performance and create sustainable value for their stakeholders. With 505,000 people serving clients in more than 120 countries, Accenture drives innovation to improve the way the world works and lives. Description
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    Partner Ecosystem Updates ITShades Engage & Enable Accenture and Qualcomm Technologies Collaborate with InterContinental Hotels Group to Pilot Extended Reality Solution to Transform Event Planning For any queries, Please write to marketing@itshades.com 63 Accenture and Qualcomm Technologies, Inc. have collaborated with InterContinental Hotels Group to pilot a solution that uses augmented and virtual reality to reinvent the event planning experience. Developed by the Accenture Extended Reality (XR) practice, in collaboration with Qualcomm Technologies, the XR Event Planner solution places event planners, buyers and hotel sales staff side-by-side in a virtual reconstruction of an event space, allowing them to remotely envision and configure the layout in real-time. Piloted at InterContinental® Los Angeles Downtown, the proof-of-concept recreates the hotel’s iconic Hollywood Ballroom in 3D, including accurate reflections of architectural features, layout, lighting, carpet design, table settings and fabric patterns. Users can modify room layouts, toggle between table and chair configurations, stage placement, decorations and lighting—all while collaborating remotely and adding notes for colleagues or the hotel set-up crew. The solution represents an important step toward addressing challenges within the meetings and events industry, a $330 billion annual market in the U.S. alone. Currently, booking event spaces can be a slow and expensive undertaking, requiring event planners to scout geographically distant locations. The lengthy timeframe to close a sale results not only in lost opportunities, but also increased booking costs for both property owners, event planners and end buyers. Feedback from focus group testing and market analysis that Accenture conducted shows that the XR Event Planner could increase hotel revenue by up to eight percent. In addition, hoteliers estimate it could reduce sales cycle time, decrease booking costs and improve brand loyalty and brand affinity, particularly with millennials. Description
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    Partner Ecosystem Updates ITShades Engage & Enable Luxoft Joins Microsoft Connected Vehicle Platform Ecosystem to Accelerate Delivery of Connected Vehicle Solutions For any queries, Please write to marketing@itshades.com 64 Luxoft, a DXC Technology Company announced that it is expanding its collaboration with Microsoft to accelerate the delivery of connected vehicle solutions and mobility experiences. By leveraging the Microsoft Connected Vehicle Platform, Luxoft will enable and accelerate the delivery of vehicle centric solutions and services that will allow automakers to deliver unique features such as advanced vehicle diagnostics, remote access and repair, and preventive maintenance. Collecting real usage data will also support vehicle engineering to improve manufacturing quality.With the advances in autonomous and shared vehicles driving the mobility revolution, automakers are looking for new ways to integrate consumers’ personalized digital lifestyles into the driving experience. Connected vehicle solutions need to enable potentially millions of vehicles located throughout the world to deliver familiar and intuitive experiences including infotainment, entertainment, productivity, driver safety and driver assistance.Luxoft is co-creating the technology platforms of tomorrow and engineering them at scale, enabling car manufacturers and their suppliers to design and develop safe and convenient customer experiences for personalized, smart and connected mobility – whether at home, in the car or on the go.Visit Luxoft at CES to view the new advanced diagnostics vehicle solution based on the Microsoft Connected Vehicle Platform and to experience the future of shared and intelligent mobility; booth #6928, North Hall, Tech East, Las Vegas Convention and World Trade Center. Description
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    Partner Ecosystem Updates ITShades Engage & Enable Luxoft and LG Electronics to Form Joint Venture to Enable Digital, Consumer-grade Experiences in Automotive For any queries, Please write to marketing@itshades.com 65 Luxoft, a DXC Technology Company, and LG Electronics (LG) announced that they will form an automotive joint venture to advance the deployment of production-ready digital cockpit, in-vehicle infotainment, rear-seat entertainment (RSE) and ride-hailing systems based on the webOS Auto platform. The JV will bring together one of the industry's most innovative automotive software engineering providers with one of the world's leading innovators in technology and home entertainment.Luxoft will lead the deployment of webOS Auto platform in production-ready systems in automotive by contributing its global delivery network and its engineering at-scale delivery organization. Automakers and their key partners, fleet operators, and shared mobility services providers can already deploy webOS Auto to large-scale series production systems, including: • Digital Cockpit systems; • Rear Seat Entertainment (RSE) for traditional needs; • Rear Seat Entertainment (RSE) with ride-hailing mode; and • Cabin and center stack display for ride-hailing systems. It is anticipated that the JV will commence operations in the first quarter of 2020. The transaction is subject to regulatory approval and other customary closing conditions. Description
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    Partner Ecosystem Updates ITShades Engage & Enable EY and SAP bring to market a capability to help insurers transform financial reporting and implement accounting policy changes For any queries, Please write to marketing@itshades.com 66 An EY and SAP collaboration has resulted in an approach to help insurance organizations transform their financial reporting data, systems and processes required to comply with the industry’s new international and US reporting standards. The new standards are the International Accounting Standard Board’s (IASB) IFRS 17 and US GAAP Long Duration Targeted Improvements (LDTI). Effective Jan. 1, 2022 for large public organizations, these standards will fundamentally change how insurance companies recognize, measure, present and disclose insurance assets and liabilities, which may impact all aspects of businesses’ reporting processes. EY and SAP have combined insurance accounting policy and data analytics experience with SAP S/4HANA® solutions for finance, accounting, and regulatory compliance, bringing to market an approach to help insurers meet these new accounting reporting standards and better analyze their financial performance. The core of the approach is to deliver standardized IFRS 17/LDTI financial analytics content (the EY IFRS 17/LDTI Intelligent Metrics Navigator) developed in the SAP® Analytics Cloud solution, which provides real-time dashboards of key financial performance drivers under IFRS 17/LDTI and can be offered standalone or combined with certain related SAP products and the EY insurance industry suite for SAP, designed to enable seamless operational efficiency and excellence in insurance processes. The full power of the analytics solution can be achieved when combined with the SAP financial products subledger (FPSL) and general ledger, incorporating configuration templates, accounting policy interpretations and chart of accounts – a framework of accounting entries – from EY. Combining these solutions and approaches from EY and SAP provides capabilities to help insurance companies accelerate implementation of a compliant finance technology landscape and ultimately access granular financial steering data in real time. For clients seeking an end-to-end software as a service (SaaS) solution for IFRS 17/LDTI, the integrated suite of tools can also be combined with the EY Digital Enablement Platform, which enables insurance companies to connect SAP systems with other systems and provides seamless connections to in-house technology platforms. Description
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    Partner Ecosystem Updates ITShades Engage & Enable Infosys Partners with GEFCO to Support its Digital Transformation For any queries, Please write to marketing@itshades.com 67 Infosys, a global leader in next-generation digital services and consulting has partnered with GEFCO, a world leader in multimodal supply chain solutions and the European leader in automotive logistics, to support its digital transformation over the next five years. As a key business and technology partner of GEFCO, Infosys will help transform the group’s next-generation business application management services. Building upon the foundation of these services, Infosys will also leverage its Live Enterprise Suite to help GEFCO evolve into a ‘Digital Native’ organization. This will enable new supply chain capabilities to extract and process information in real-time and generate purposeful insights with very low latency to help GEFCO respond intelligently and effectively across the value chain. The end objective is to help GEFCO create new sustainable sources of competitive advantage and continuously improve value for its customers.GEFCO is a world leader in multimodal supply-chain solutions and the European leader in automotive logistics. Building on 70 years of expertise and the unique expertise of its 15,000-strong workforce, GEFCO designs smart, flexible solutions to meet the most complex supply-chain challenges in every industry sector. Present in 47 countries, with an integrated global network, GEFCO serves 300 destinations worldwide. Description
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    Partner Ecosystem Updates ITShades Engage & Enable NCC Group achieves top-tier partner status with Splunk For any queries, Please write to marketing@itshades.com 68 NCC Group has been promoted to the highest level of Splunk’s partnership programme. The data analytics company, which produces platforms for searching, monitoring, and analysing information, has only awarded an elite status to three other UK partners. The promotion has been driven by the rapid growth of our managed detection and response (MDR) services and a number of large deals that have taken place over the last year, which have led to an increase in revenue generated for Splunk. As an elite partner, we will benefit from higher levels of support from Splunk, including additional resources and training. It also reinforces our position as a focus partner for the corporation, allowing NCC Group to work more closely with Splunk on its future strategy and engagement plans for customers.Technical director at NCC Group, said: “This promotion is an exciting next step in our relationship with Splunk. We are pleased to be recognised as one of their most valuable partners and are looking forward to working with the business as it continues to grow.We are committed to bringing high-quality and data-rich security services to our customers, and this next stage of our partnership with Splunk will allow us to strengthen our existing offering even further.” Description
  • 78.
    Partner Ecosystem Updates ITShades Engage & Enable HCL Technologies Launches A Dedicated Microsoft Business Unit For any queries, Please write to marketing@itshades.com 69 HCL Technologies (HCL), a leading global technology company, announced the launch of a dedicated HCL Microsoft Business Unit focused on Microsoft technologies. This will extend Microsoft’s offerings of Business Applications, Microsoft Dynamics 365, Microsoft Azure, IoT, and AI/Machine Learning, as well as help employees accomplish more in the modern workplace with Microsoft 365 and Windows 10. The HCL Microsoft Business Unit will create intellectual property extending the Microsoft platform for customer-specific scenarios and will also provide additional support to clients in the financial services, healthcare and life sciences, manufacturing, retail, and travel industries. The business unit integrates one of the largest award-winning Microsoft Dynamics practices in the world with PowerObjects, an HCL company, and will bring together more than 5500 professionals, reaching more than 2000 customers.HCL was named a leader in IDC MarketScape: Worldwide Microsoft Implementation Services 2019 Vendor Assessment (doc # US45034818, May 2019). And Forrester ranks HCL as a leader in its report, The Forrester Wave™: Microsoft Dynamics 365 Services, Q2 2019. In addition, Microsoft named HCL-PowerObjects as the winner of the “Microsoft 2019 Dynamics 365 for Customer Service Partner of the Year” and “Financial Services Partner of the Year" awards. Description
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    IT Shades Engage &Enable For any queries, Please write to marketing@itshades.com Miscellaneous Updates Consulting & IT Services Industry
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    Miscellaneous Updates IT Shades Engage& Enable Accenture Announces Changes to Its Growth Model and Global Management Committee For any queries, Please write to marketing@itshades.com 70 Accenture announced changes to its growth model and Global Management Committee, effective March 1, 2020. Accenture will organize its market-leading capabilities into four services: Strategy & Consulting, Interactive, Technology, and Operations. The company will manage its business through three geographic markets — North America, Europe, and Growth Markets — instead of operating groups. Accenture will continue to go to market by industry and will expand its global industry programs. At the same time, Accenture will be making leadership changes and expanding its Global Management Committee to include a broader representation of leaders from its services and geographic markets. Accenture is making these changes at a time of unprecedented change for its clients. Digital and technology are now core to their success, fueling the need for enterprise-wide transformation and continuous innovation. Digital disruption is blurring traditional industry lines, making cross-industry expertise an imperative. This disruption and other changes are happening at the intersection of geography, industry and technology. Given these dynamics, Accenture is increasing its agility to bring to its clients a unique range of services, from strategy to operations, with digital skills everywhere. Embedded across these services are applied intelligence and deep industry, cross-industry and functional expertise. Accenture also will accelerate innovation by moving seamlessly between global and local, leveraging its unmatched network of more than 100 innovation hubs and working even more closely with its ecosystem partners to create solutions that create value at speed. These changes will make the company an even stronger partner of choice for transformation and innovation. Description
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    Miscellaneous Updates IT Shades Engage& Enable Accenture Opens New Intelligent Operations Center in Canada to Help World’s Leading Companies Power Growth For any queries, Please write to marketing@itshades.com 71 Accenture has opened an intelligent operations center in the Niagara region that serves as the hub for its newly launched intelligent sales and customer operations business. Spanning 68,000 square-feet in downtown St. Catharines, the new “Niagara North” location is Accenture’s second in the region and the company’s third intelligent operations center in Canada, with similar sites in nearby Thorold, Ontario (“Niagara South”) and Fredericton, New Brunswick. The company plans to create an additional 100 local jobs by 2021 to support a variety of business functions such as marketing, sales, customer care and IT support. Local officials and community groups are expected to attend the center’s opening event today, with St. Catharines’ Mayor Walter Sendzik taking part in the ribbon-cutting.Other attendees expected at today’s opening include business leaders, like Enbridge and Metrolinx,which have embarked on innovative initiatives with Accenture, using emerging technology, shared services models and process innovation to drive sustained growth. For example, working with Accenture, Enbridge was able to reduce the call volume at its customer care center by 20%, significantly reducing the cost to serve each customer. Description
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    Miscellaneous Updates IT Shades Engage& Enable Accenture Opens Innovation Center for Situational Awareness in Singapore For any queries, Please write to marketing@itshades.com 72 Accenture has opened a global innovation center for situational awareness in Singapore to help public safety organizations in Asia Pacific and around the world develop solutions to anticipate and respond to threat and risk to their citizens, whilst maintaining their trust and confidence. A vibrant collaborative environment, the center is designed to encourage breakthrough thinking between Accenture clients, the center’s professionals, and digital innovators from the public and private sectors. The goal is to enable public safety organizations to make more informed decisions and deliver better services and public safety outcomes to the citizens and communities they serve.This is Accenture’s first innovation center dedicated to situational awareness technologies and will develop assets to enable clients to responsibly deploy innovative technologies such as artificial intelligence (AI), the internet of things, blockchain, augmented reality and virtual reality.At the center, Accenture will collaborate with leading technology companies including analytics software provider SAS – a strategic technology partner to the center — to co-develop situational-awareness solutions that responsibly support the missions and operations of public safety agencies. Technology specialists will apply design thinking methodologies to resolve the challenges faced by public safety agencies, transforming agency data into real-time intelligence through situational awareness solutions powered by the latest analytics and AI technologies. Description
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    Miscellaneous Updates IT Shades Engage& Enable Cognizant U.S. Foundation and Flatiron School Announce $1.2 Million Grant to Fund New Technology Job Training Scholarships for Underrepresented Communities For any queries, Please write to marketing@itshades.com 73 The Cognizant U.S. Foundation announced a $1.2 million grant to the Flatiron School for technology training designed to create job opportunities for underrepresented communities, including women, minorities, veterans, and those with disabilities, in five cities. The funds will be used to create the new NexTech 100 Scholarship program, providing participants with free classes and skills training for high-wage technology jobs. The Flatiron School offers immersive in-person and online programs in four disciplines — Software Engineering, Data Science, User Experience /User Interface Design, and Cybersecurity — and works with employers to help place graduates into well-paying, in-demand technology jobs. In 2019, 93 percent of Flatiron School's job-seeking graduates secured employment, earning an average of $74,566 for full-time salaried roles (within the reporting period for students who disclosed their compensation).The scholarships supported by the Cognizant U.S. Foundation grant will be offered in five cities: Atlanta, Ga.; Chicago, Ill.; Denver, Colo.; Houston, Texas, and Washington, D.C. Applications open on January 21, 2020 for those from historically disadvantaged groups and who are traditionally underrepresented in the technology industry (e.g., women, people of color, veterans, people with disabilities). Additional preference will be given to those without four-year college degrees and who have not previously worked in the role for which they are being trained. Description
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    Miscellaneous Updates IT Shades Engage& Enable DXC Technology Cites Digital Twins as Business Imperative for Enterprises Across Sectors For any queries, Please write to marketing@itshades.com 74 DXC Technology cited digital twins as a business imperative for the next evolution of digital enterprises. Digital twins take advantage of the vast amounts of data from connected devices to provide a detailed, data-based model of a physical system. As the internet of things (IoT) connects more and more of these devices within organizations, virtual simulations of physical environments are becoming an increasingly critical piece of an enterprise digital strategy. According to IDC, 30% of G2000 companies will be using data from digital twins of IoT-connected products and assets in 2020, achieving gains of up to 25% in optimization of product development and overall equipment effectiveness.While pioneering manufacturers first used digital twins decades ago, recent advancements in artificial intelligence (AI) and high-performance computing (HPC) are spurring their use by mainstream enterprises today. With the vast processing power of HPC, diverse industries have applied digital twins to scale simulations, shorten development timeframes and derive tangible business results. Some of the growing vertical use cases include: • Smart cities: Cities around the world are building models of their smart systems in a virtual world to make predictions, test and learn using data and analytics prior to deployment. For example, they can understand how autonomous vehicles respond to connected traffic lights to make better and more timely decisions that improve outcomes, such as citizen safety. • Healthcare: In a value-based care environment, doctors are under pressure to become increasingly efficient and accurate in their diagnoses. Digital twins can help providers home in on the two or three most important questions to ask a patient to enable a finite diagnosis. Medical device manufacturers can use digital twins to create and test 3D-printed, custom-built orthopedic implants that dramatically decrease a patient’s wait time. • Aerospace and defense (A&D): Companies in the A&D industry leverage digital twins to visualize the status of their products at each step of the production process and in the aftermarket. Digital twins have completely transformed the way some ships and aircraft are designed. For example, digital twins assess the quality of airfoil blades in jet engines by providing manufacturers with a comprehensive process view, including the thrust produced under real-life circumstances. Description
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    Miscellaneous Updates IT Shades Engage& Enable IBM India Unveils Automation Innovation Center In Pune For any queries, Please write to marketing@itshades.com 75 IBM announced the inauguration of its Automation Innovation Center (AIC) in India at its Pune facility. The AIC is a state-of-the-art facility themed around Intelligent Automation and Future of Work, with experiential demonstration centers showcasing IBM’s flagship Automation Platform, Digital Worker suite of solutions, Automation Operations Command Center for monitoring and managing bots, and co-creation zone for quick Design Thinking with visiting clients, all hosted in an agile workplace. The AIC also showcases industry vertical solutions for Banking, Insurance, Retail, CPG, Telco, Healthcare etc and the intersection of automation solutions on enterprise applications such as Salesforce, SAP and Workday which are a significant part of IBM’s services business. The center will allow clients to experience IBM Cloud Pak for Automation, available on Red Hat OpenShift, that helps design, build and run automation applications and services on any cloud, using pre-integrated automation technologies and low-code tools. The first AIC in India was announced in Bangalore in 2017. The two AICs demonstrate IBM’s continuing commitment to investments in India and in the transformative area of Automation. Clients will now have access to IBM’s market-leading solutions and deep expertise in automation, from scalable RPA delivery to AI/ML based industry solutions running on hybrid cloud infrastructure. IBM’s Automation Advisors with in-depth expertise in automation, artificial intelligence and cloud will help clients define the roadmap to navigate their journey towards enterprise automation at scale. In addition, clients can also leverage IBM’s ecosystem partnership with market leading RPA vendors like Blue Prism, UiPath, Automation Anywhere and Softomotive to get priority access to the latest solutions and derive maximum return on investment. Description
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    Miscellaneous Updates IT Shades Engage& Enable Infosys Audit Committee Finds No Evidence of Financial Impropriety or Executive Misconduct For any queries, Please write to marketing@itshades.com 76 Infosys a world leader in next-generation digital services and consulting, today announced that its Audit Committee of the Board of Directors (the "Audit Committee") has concluded the independent investigation ("investigation") into allegations contained in the anonymous whistleblower complaints the company disclosed on October 21, 2019 (“whistleblower complaints”) and determined that the allegations are substantially without merit. The Audit Committee conducted a thorough investigation with the assistance of independent legal counsel ShardulAmarchandMangaldas& Co. and PricewaterhouseCoopers Private Ltd. (collectively “investigation team”). The findings of the investigation were adopted by the Board of Directors of the Company. The Audit Committee concluded that no restatement of previously announced financial statements or other published financial information is warranted. The investigation team conducted a detailed and extensive analysis which included: • 128 interviews with 77 persons including relevant Company personnel concerned with or mentioned in the allegations • Identifying 46 custodians for collection of relevant documents and electronic data • Reviewing over 210,000 documents from electronic sources and imaged devices, with over 8 terabytes of electronic data being processed. Description
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    Miscellaneous Updates IT Shades Engage& Enable Tech Mahindra Inaugurates New Delivery Center in Warangal, Telangana For any queries, Please write to marketing@itshades.com 77 Tech Mahindra Ltd. a leading provider of digital transformation, consulting and business reengineering services and solutions, announced the inauguration of its new delivery center in the Warangal city of Telangana. The inauguration was done in the presence of Honourable IT and Industries Minister, Telangana, Shri KT Rama Rao.The initiative reaffirms continued efforts by the state government to promote tier-II cities like Warangal as the next best technology destination in Telangana after Hyderabad, and to generate employment opportunities for the youth of the state.The new facility is in line with Tech Mahindra’s TechMNxt charter, which focuses on leveraging next generation technologies and solutions, like artificial intelligence, to disrupt and enable digital transformation, and to build and deliver cutting-edge technology solutions and services to address real world problems to meet the customer’s evolving and dynamic needs. Description
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    Miscellaneous Updates IT Shades Engage& Enable UST Global Inaugurates First Infinity Lab In South East Asia And New Delivery Center At Penang, Malaysia For any queries, Please write to marketing@itshades.com 78 UST Global, a leading digital transformation solutions company, announced the launch of its first Infinity Lab in South East Asia and its third Delivery Centre in Malaysia at Penang. The new office is located strategically at the Mini-Circuits campus and is UST Global’s second office in Penang. Infinity LabsTM is UST Global’s network of innovation labs, spanning across various countries including the US, UK, India and now in Malaysia. The Penang lab is focused on innovation-driven problem solving to support business-led digital transformations that deliver breakthrough results at both speed and scale. Infinity Labs- Penang provides an exciting springboard and a collaborative environment for the employees, clients, academia and partner ecosystem. Through this initiative, Malaysia’s technologists and engineers will now have an opportunity to solve critical business problems for UST Global’s Fortune 500 and Global 2000 customers by tapping into Infinity Labs’ 30+ Digital Innovation capabilities across domains like Artificial Intelligence, Machine Learning, Augmented Reality/Mixed Reality (AR/MR), Robotic Process Automation, Internet of Things, Blockchain, Cybersecurity, Advanced Analytics, and Big Data Engineering.UST Global had spun-off several focused products and platforms as start-ups including CyberProof, SmartOps, Qubz, Pneuron and C2C (Concept to Camera). Description
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    IT Shades Engage &Enable For any queries, Please write to marketing@itshades.com Event Updates Consulting & IT Services Industry
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    Event Updates IT Shades Engage& Enable For any queries, Please write to marketing@itshades.com Upcoming Events - Consulting & IT Services Modern Business Experience 2020 Cognizant is a Platinum sponsor of Modern Business Experience—a thought leadership conference presented by Oracle, for finance, human resources, supply chain and customer experience professionals. The event is designed around inspiring keynotes, product expert discussions and networking activities. Join us at the event and help your customers prepare for a digital future. Hosted By : Oracle Chicago, USA 23-26 Mar, 2020 https://www.oracle.com/modern-business-experience/ Oracle OpenWorld Europe At the event, Cognizant will demo innovative solutions to help customers accelerate their journey to Cloud. Visit our booth and gain insights into how leading organizations are taking the right steps to become digital and realizing real results. Hosted By : Oracle London, UK 12-13 Feb, 2020 https://www.oracle.com/uk/openworld/ UCISA Leadership Conference 2020 UCISA is the member-led professional community for digital practitioners in education. We actively promote networking, collaboration and shared inspirational thinking. Hosted By : UCISA Manchester, UK 18 March, 2020 https://www.ucisa.ac.uk/ Housing Technology Conference The conference is the leading and longest-running technology event for senior IT and business decision-makers in the UK social housing sector. Through 40+ detailed talks and multiple networking opportunities (view the full agenda), you’ll come away with enhanced knowledge and confidence to help transform your organisation. Hosted By : Intelligent Business Company London, UK 13 Mar, 2020 https://www.housing-technology.com/event/housing-technology-2020-conference/#section-8 CASE 2020 District III Conference The CASE District III annual conference will attract 1,500 advancement professionals to Orlando, Feb. 9-12, 2020, for engaging educational experiences and superb entertainment. The District III annual conference offers: elite education within all facets of advancement, led by some of the Southeast’s most successful leaders; extensive networking opportunities throughout the event; the chance to earn a number of continuing education credits; a comprehensive trade show presenting the latest products, services and technologies; and an awards banquet recognizing and celebrating the best of District III. Hosted By : Omatic Software LLC Orlando, USA 09 Feb, 2020 https://omaticsoftware.com/events/2020-district-iii-conference Australian Mortgage Innovation Summit 2020 Nucleus Software will be participating at the 11th Annual Australian Mortgage Innovation Summit 2020, being hosted by the RFi Group. With the recent regulatory scrutiny at the back of responsible lending as well as the current low interest environment, the Australian mortgage industry continues to transform. Despite these headwinds, there are a raft of opportunities that have emerged for the industry. The insightful sessions, panel-discussions and knowledge presentations during the two-day summit will help local and global experts and leaders to collaborate, network and discuss the impact of technological disruption, product evolution and evolving customer expectations on the Australian mortgage sector. Hosted By : Nucleus Software Sydney, Australia 26 Feb, 2020 https://www.nucleussoftware.com/events 79
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    IT Shades Engage &Enable For any queries, Please write to marketing@itshades.com Follow us on social media by clickling below: www.twitter.com/it_shades www.twitter.com/it_shades www.twitter.com/it_shades www.twitter.com/it_shades www.twitter.com/it_shades www.twitter.com/it_shades www.twitter.com/it_shades www.twitter.com/it_shades www.twitter.com/it_shades w w w . y o u t u b e . c o m / c h a n n e l / U C m f V P K O Q 2 I M E Q Q W 2 5 P 4 - I h Q w w w . y o u t u b e . c o m / c h a n n e l / U C m f V P K O Q 2 I M E Q Q W 2 5 P 4 - I h Q w w w . y o u t u b e . c o m / c h a n n e l / U C m f V P K O Q 2 I M E Q Q W 2 5 P 4 - I h Q w w w . y o u t u b e . c o m / c h a n n e l / U C m f V P K O Q 2 I M E Q Q W 2 5 P 4 - I h Q w w w . y o u t u b e . c o m / c h a n n e l / U C m f V P K O Q 2 I M E Q Q W 2 5 P 4 - I h Q w w w . y o u t u b e . c o m / c h a n n e l / U C m f V P K O Q 2 I M E Q Q W 2 5 P 4 - I h Q w w w . y o u t u b e . c o m / c h a n n e l / U C m f V P K O Q 2 I M E Q Q W 2 5 P 4 - 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