Category technology

India, September 30, 2024 – Netweb Technologies India Limited, a leading provider of high-end computing solutions, is proud to announce that Intel Corporation has recognized the company with an Intel Partner Award in the category of Outstanding Growth – Data Center & AI Group.

The company has been delivering AI-ready solutions for enterprises focusing on the “AI-First” strategy to provide exceptional capabilities for its customers and improve overall organisation efficiency. The company is also actively pursuing setting up a Private AI lab for universities and research institutions looking to leverage AI’s power to effect transformative changes. Furthermore, Netweb has a complete stack and platform for sovereign AI cloud with its Make in India Servers.

“We are deeply honored to accept this prestigious award from Intel, which stands as a testament to our unwavering dedication to technological innovation and excellence,” said Sanjay Lodha, CMD of Netweb Technologies. “Our strategic partnership with Intel has been instrumental in our journey to deliver cutting-edge solutions that empower our customers to achieve advancements in AI, High-Performance Computing (HPC), storage, data centers, and private cloud infrastructures. This accolade reflects our relentless pursuit of excellence and our commitment to creating transformative solutions that drive efficiency, scalability, and innovation. We will continue to push the boundaries of technology to ensure our customers remain at the forefront of their industries, leveraging the best in AI and data center technologies.”

“We are thrilled to recognize Intel’s Partner Award winners across APJ and India,” said Trevor Vickers, Vice President and General Manager of Intel’s Global Partners and Support. “Our partners have achieved the highest standards in growth, innovation, and market acceleration. Congratulations to Netweb Technologies Limited for your remarkable achievements. We value your collaborative partnership and look forward to continued innovation and success.”

“Congratulations, Netweb Technologies Limited, for your unwavering support, innovative solutions, and excellence in serving customer needs.  We look forward to what we can achieve together. Congratulations to all the winners,” said Santhosh Viswanathan, Managing Director & Vice President of Intel – India Region.

Netweb Technologies India Limited was rewarded for continually applying their expertise in ways that help Intel’s products outshine competitors and win customers.

It has made significant contributions to revenue and increased the number of channel partners reached on behalf of Intel.

To qualify as a winner in this category, organizations must be a member of the Intel Partner Alliance; demonstrate year over year (YoY) growth, as well as an increase in overall partner revenue, number of partners adopted, and/or is well-positioned to increase their expected YoY growth.

India, September 27, 2024 — TCY Learning Solutions Pvt. Ltd, a leading provider of test preparation and educational technology, has announced the launch of AI-powered test preparation resources specifically designed for the Duolingo English Test (DET). This new initiative aims to offer more accessible and effective study tools for students preparing for the DET, helping them achieve their goal of studying abroad.

The Duolingo English Test has rapidly gained global recognition and is now accepted by over 5,000 universities worldwide, including prestigious institutions in the United States, the UK, Canada, and beyond. With its cost-effective pricing of $65 (approximately INR 5,500) and the convenience of online testing with results available within 48 hours, the DET has become a popular choice for Indian students aiming to study abroad.

TCY’s new resources leverage its expertise in AI-driven educational technology to offer personalized and adaptive learning solutions tailored specifically for the DET. With a proven track record of successful collaborations and cutting-edge solutions in test preparation, TCY, serving around 8 million learners and supporting over 2,000 coaching centers across India, will provide students with customized study plans, in-depth analytics, and remedial technologies designed to enhance their DET preparation, thereby improving their test readiness and chances of success.

Mukta Gogia, Vice President at TCY, commented, “As the Duolingo English Test (DET) rapidly gains popularity across India, coaching centers turned to TCY for the real-like mock tests and practice resources we’re known for. Responding to this demand, we partnered with the DET for their inputs in developing prep materials specifically designed for the exam. This collaboration has resulted in a unique test prep package, offering students and teachers an authentic DET preparation experience. With this, we’re not just preparing students, but we’re setting a new standard in language testing.

The new resources will include real-time performance analytics and personalized feedback, allowing students to focus on areas that need improvement and track their progress more effectively. This approach is expected to enhance individual performance and support students in achieving their goals.

Rashi Dhanani, Head of Business Development for the Duolingo English Test, India said “With the rapid adoption of the Duolingo English Test by students in India and beyond, we’re excited to see innovative test preparation resources like those offered by TCY. These offerings reflect the growing demand for high-quality, personalized test prep solutions that enhance students’ readiness and confidence in taking the DET.”

Additionally, TCY will offer vouchers that enable students to book their DET exams at reduced rates through their website and partner institutes. This initiative aims to make the DET more accessible and affordable, further supporting students in their study-abroad endeavours.

Smart locks are redefining home security by offering advanced technological features that blend convenience with protection. As India embraces smart home solutions, several brands are leading the charge with reliable, feature-packed smart locks designed for Indian homes. Unlike traditional locks, smart locks allow homeowners to control access remotely, monitor entry activity, and even grant temporary access to guests—all via a smartphone app. This real-time control minimizes the risk of unauthorized entry and offers peace of mind. If you’re looking to enhance your home security, these smart locks are a game-changer, providing both convenience and enhanced protection for your home.

1. Yale YDM 7116 Smart Digital Door Lock with Mortsie Lock for Main Door
The Yale YDM 7116 Smart Digital Door Lock is an advanced solution for securing your main door, combining modern technology with convenience and safety.  This smart lock features a sleek, minimalist design, making it a stylish addition to any home. Equipped with a Mortsie Lock mechanism, it ensures robust security against tampering. It offers multiple access options including PIN codes, RFID cards, and a mechanical key override, ensuring you are never locked out. The lock also supports smart connectivity, allowing you to control it remotely via a mobile app. Additionally, it comes with security features like automatic locking, alarm notifications for tampering, and low battery alerts. Ideal for homeowners seeking a high level of security and the convenience of keyless entry, the Yale YDM 7116 provides peace of mind and ease of use, making it a top choice for modern smart homes.

2. Godrej Smart Lock – Advatis Rimtronic Digital Lock – 360° Fingerprint Access
The Godrej Advatis Rimtronic Digital Lock is a cutting-edge smart lock designed to offer top-tier security with 360° fingerprint access. This advanced feature allows for precise and seamless fingerprint recognition from any angle, ensuring quick and secure entry for authorized users. In addition to fingerprint access, the lock also offers multiple access modes, including a numeric passcode and mechanical key, providing flexible and reliable entry options. Built with Godrej’s trusted legacy in security, the Advatis Rimtronic Smart Lock combines innovation with durability. It’s perfect for modern homes, offering both high-end protection and ease of use. The lock’s sleek design complements the aesthetics of any door, while its robust build ensures long-lasting performance.

3. Ozone Oracle Smart Lock with Rose Plate with 5-way access
The Ozone Oracle Smart Lock with Rose Plate is a premium smart lock designed to enhance home security with advanced features.  It provides unmatched convenience, allowing homeowners to unlock the door via fingerprint, passcode, RFID card, mechanical key, or smartphone app. This versatility ensures you always have a secure entry method, even in case of power outages or lost keys. Crafted with a sleek rose plate design, the Ozone Oracle Smart Lock adds a touch of elegance to your home’s aesthetics while maintaining robust security. Its fingerprint recognition technology is highly responsive, ensuring quick access while preventing unauthorized entry. The lock is also equipped with real-time access logs, allowing you to monitor who enters and exits your home via the app.

4. LAVNA LE50 Smart Electronic Metal Door Lock with Bluetooth Mobile App
The LAVNA LE50 Smart Electronic Metal Door Lock is a versatile and secure solution for modern homes, offering seamless access through its Bluetooth mobile app.  The Bluetooth-enabled app allows users to lock and unlock their door remotely, manage multiple users, and keep track of entry logs in real time. In addition to smartphone control, the LAVNA LE50 provides multiple access modes, including a numeric passcode, mechanical key, and RFID card. This flexibility ensures that you always have a reliable backup for entry, even in the event of a power outage or phone issues. Ideal for Indian homes, the LAVNA LE50 combines advanced technology with a user-friendly interface, making it easy to secure your home. Its sleek design and robust features make it a perfect blend of convenience, security, and style for those looking to upgrade their home protection system.

Conclusion:

In conclusion, smart locks are transforming home security by offering advanced, user-friendly features that provide both convenience and enhanced protection. With options like fingerprint recognition, numeric passcodes, RFID cards, and smartphone control, homeowners can easily manage access and monitor entry activity in real-time. These locks, designed specifically for the needs of Indian homes, combine cutting-edge technology with robust security measures to protect against unauthorized entry. Whether you opt for the premium Yale YDM 7116 or the budget-friendly LAVNA LE50, these smart locks offer versatile access methods and peace of mind. By upgrading to a smart lock, you ensure that your home remains secure while embracing the convenience of modern, connected living.

September 27, 2024, PRINCETON, N.J. – CitiusTech, a leading provider of healthcare technology, services & solutions, announced that it is Novant Health’s preferred vendor for Enterprise Data & Decision Intelligence services. Novant Health is an integrated network of more than 850 locations, including 19 medical centers, more than 700 physician clinics and urgent care centers, outpatient facilities, and imaging and pharmacy services in North Carolina and South Carolina.

Novant Health aims to harness the power of enterprise data to drive improved patient outcomes and greater operational efficiency through the integration of cutting-edge technologies and methodologies. To that end, CitiusTech will provide Novant Health with a comprehensive suite of data, analytics, and digital services along with strong healthcare domain knowledge. These services include data platform development, engineering and supporting analytic products leveraged for clinical and operational decision-making. The key focus for Novant is building a suite of platforms and products and ensuring its successful implementation across the enterprise.

“We are committed to helping Novant Health achieve its goals by providing robust, scalable, and secure enterprise solutions that drive measurable results,” said Rajan Kohli, CEO, CitiusTech. “This collaboration is all about using enterprise information to push healthcare forward. By bringing together our strengths in advanced analytics, AI, and data integration with Novant Health’s innovative delivery model, we’re focused on creating solutions that improve patient care, boost efficiency, and drive real impact across the board. Together, we are redefining what quality healthcare can look like.”

As healthcare organizations continue to recognize the critical importance of taking a data-first approach in driving innovation and improving patient care, partnerships like the one between Novant Health and CitiusTech are likely to become increasingly important. This collaboration not only underscores CitiusTech’s position as a leader in healthcare technology but also highlights Novant Health’s commitment to adopting cutting-edge solutions to meet the evolving needs of its patients and communities.

Chennai, September 27, 2024 — Cisco, the worldwide leader in security and networking, has today inaugurated its first manufacturing facility in India, marking a significant milestone in its commitment to building manufacturing capabilities in the country. This state-of-the-art site will produce a range of Cisco’s best-in-class routing and switching products to meet the rapidly growing technology needs of organizations in India and around the world. With this strategic investment, Cisco aims to drive over USD $1.3 billion in revenue, broadening its diverse and resilient supply chain. The facility is also expected to create 1200 jobs in the state.

The Chennai-based manufacturing facility was inaugurated by Shri. Jyotiraditya Scindia, Minister of Communications; and Minister of Development of North Eastern Region, Government of India, along with Chuck Robbins, Chair and CEO of Cisco; Jeetu Patel, Executive Vice President and Chief Product Officer, Cisco; Dave West, President, Cisco APJC; Daisy Chittilapilly, President, Cisco India & SAARC; and state and local government officials. This opening marks an important expansion milestone in Cisco’s worldwide manufacturing footprint.

Cisco has collaborated with Flex  to successfully build the Chennai site and bring advanced telecom technology that can help connect citizens in India and globally. This is the next milestone in Cisco and Flex’s longstanding 25-year partnership to ramp up manufacturing across the globe with speed, resilience, and sustainable practices.

The facility, which will initially focus on Cisco’s Network Convergence System (NCS) 540 Series of routers, represents the first phase of the company’s multiyear investment plan. Significant innovation and technical advancements are planned in the next phase including printed circuit board assembly components with several layers; products requiring, at times, thousands of individual components; and industrial-grade products that are built to endure severe environmental conditions. With this, Cisco is broadening its technical manufacturing capabilities to enable additional customers and market segments.

“The inauguration of the Cisco’s manufacturing facility in India producing advanced telecom equipment is a testament to the country’s growing Atmanirbharta in the global technology landscape. Certain that the factory will strengthen Prime Minister Shri Narendra Modi Ji’s vision of becoming a global manufacturing hub and amplify the holistic growth of India’s telecom ecosystem,” said Shri. Jyotiraditya Scindia, Minister of Communications; and Minister of Development of North Eastern Region, Government of India.

“We congratulate Cisco on the inauguration of this state-of-the-art facility in Tamil Nadu. This facility is in line with Tamil Nadu becoming a critical hub for advanced manufacturing and technological innovation. Under the leadership of Honourable Chief Minister Thiru. MK Stalin, Tamil Nadu continues to attract world-class investments, reinforcing our position in the global supply chain, especially in electronics manufacturing. We look forward to strengthening our collaboration with Cisco as we continue to drive technological growth and industrial leadership in the region,” said Dr. T.R.B Rajaa, Minister for Industries, Government of Tamil Nadu.

“India has been an important market for Cisco for nearly three decades, and we are immensely proud of our progress and partnerships here,” said Chuck Robbins, Chair and CEO of Cisco. “The inauguration of a manufacturing facility in Chennai marks a significant advancement in our commitment to the region. This expansion not only deepens our presence in India, but also strengthens our partnerships with customers, partners, and the government. By delivering cutting-edge technology from this facility to our customers in India and across the globe, we are enhancing supply chain reliability and catalyzing innovation, both locally and globally.”

“We are proud to officially open a new manufacturing facility in Chennai, which is a pivotal step in our investments in India,” said Daisy Chittilapilly, President, Cisco India & SAARC. “This new facility strengthens our capabilities in the country to produce state-of-the-art technologies, contributing to our nation’s technological advancement and global competitiveness.’’

The new facility enhances Cisco’s manufacturing capabilities and is a step towards helping accelerate India’s transition into a leading digital economy. By diversifying supply chains, Cisco is committed to helping global organizations bolster their resilience.

Potsdam, September 20th, 2024 – The first of October 2024, Germany’s first fully digital university will launch its initial MBA and Master’s degree programs as well as Open Courses and Micro-Degree Programs to train training professionals for the digital transformation worldwide. This is the vision of computer science professors Mike Friedrichsen and Christoph Meinel. The initiators of the innovative digital university concept expect approval as a state-recognized university in the first quarter of 2025. The private and non-profit “German University of Digital Science” (German UDS) is based in the media city of Babelsberg in Potsdam, where the headquarters and the so-called “Maschinenhaus”, hosting the servers for teaching operations, are located.

 German UDS – Germany’s First Globally Operating Digital University

Why does the German UDS call itself the first fully digital university? Since the COVID-19 pandemic at the latest, online lectures have become common practice for students and lecturers alike. However, most universities in Germany and abroad continue to offer in-person classes alongside online lectures.  At German UDS both studies and continuing education are entirely possible in a 100% digital format. Moreover, from the start, the new university positions itself as an explicitly global educational institution. This means that students and lecturers from around the world can become part of the German UDS, as all lectures, exercises, seminars, and exams are offered digitally and exclusively in English.

 German UDS Target Audiences

The German UDS is designed for all learners and teachers worldwide who want to actively shape the digital transformation. The initiators, Profs. Drs. Mike Friedrichsen and Christoph Meinel, particularly focus on the Global South: “We are not thinking exclusively, but emphatically, of people from the Global South for whom studying or further education in the western world is impossible for financial, professional, or family reasons. But even in Germany, in Europe, or other Western countries, not everyone is able to attend an in-person university.”

 Addressing the Global IT Skills Shortage

The shortage of skilled professionals in many sectors continues to grow nationally and internationally. Germany, in particular, will need more highly educated professionals in the coming years than any other European country. The increasing digitalization of all areas of life significantly raises the demand for IT experts. According to the U.S.-based Korn Ferry Institute, the global tech sector alone will face a shortage of 4.3 million IT specialists by 2030.

This is where German UDS positions itself: education and training for the digital transformation.

The clear goal of German UDS is to help alleviate the critical global shortage of IT professionals, a shortage that is stalling digital progress in many countries. “In Germany alone, almost 150,000 IT positions cannot currently be filled,” says Meinel, referring to the latest findings of the Bitkom Digital Association.

Artificial intelligence alone will not solve the skills gap, Friedrichsen emphasizes: “The future problem solvers and architects of digitalization need high-quality knowledge. German UDS intends to deliver this knowledge online, no matter where in the world people live and work.”

 The Academic Offering – Digital for Digital

Starting October 1, 2024, the following programs will be offered:

– MBA programs: Digital Technologies and Digital Transformation

– Master’s programs: Advanced Digital Reality, Applied AI, Cybersecurity, and Digital Leadership

The launch of the first MBA and Master’s degree programs will be followed by a Bachelor’s degree in Digital World. “Open Courses” and ‘Micro-Degree Programs’ complement the digital learning offering in various digital topics. A course on the innovation method “Design Thinking” is also being developed.

Anyone interested can apply for the coming semester until end of September 2024.

 “We see our university’s unique selling point truly in the term ‘digital.’ It is the key to the future. That makes our offer coherent: we provide digital learning and teaching for the most central digital topics of our time – Digital Technologies and Transformation, Digital Reality and Artificial Intelligence, Cybersecurity, and Digital Leadership Anyone wanting to dive deeply into these subjects should also apply digital technology practically during their studies. It’s not only our practical collaborations with companies and partners worldwide, but also the specially developed learning platform, German-UDS.academy, that synthesizes studies and practice through this study method. In our opinion, this significantly contributes to ‘learning by doing’,” Friedrichsen and Meinel explain. “After all, what better practice is there than to digitally tackle digital topics? Ultimately, we learn everything in a context – walking, speaking, reading, writing… We want to move, communicate, participate, and express ourselves. It’s no different in the digital world. Only by feeling at home in it can we dive deeper and shape it together.”

Students enrolled virtually at German UDS will pay moderate and affordable fees of €7,500 per academic year to obtain the Bachelor of Science, Master of Science and Master of Business Administration (MBA) degrees.

 German UDS aims to serve as a “beacon of digital education,” democratizing global access to high-quality, innovative knowledge essential for navigating digital transformation and alleviating the IT skills shortage. “At the same time, the future digital university is also committed to actively promoting freedom, equality, self-determination, tolerance, and the rule of law in the digital world,” emphasizes Friedrichsen.

The German-UDS.academy learning platform

The German-UDS.academy is a digital education platform offering a wide range of interactive online courses (MOOCs – Massive Open Online Courses) and additional services. Professors, lecturers and researchers from the German University of Digital Science and its partners create interactive Massive Open Online Courses (MOOCs) on various digital transformation topics, regardless of location. These courses are then made available on the German-UDS.academy platform. With these activities, the German-UDS.academy, providing a global social learning network.

“Professors and other academics involved in our project have already prepared the first courses. They are aimed at anyone who wants to help shape the digital transformation and move confidently and self-determined in the digital world,” reports Prof. Christoph Meinel, the former Director of the Hasso Plattner Institute (HPI) in Potsdam, who retired as HPI Managing Director in March 2023 and immediately dedicated himself to founding the German UDS.

“With the first online courses of the emerging German UDS, we are demonstrating that we don’t just talk the talk, we act,” adds Prof. Mike Friedrichsen, who previously taught at Stuttgart Media University (HdM) for 25 years.

Support from an international advisory board

According to the initiators, the project of a private digital university is supported by an international advisory board of academics. The eight-member advisory board includes experts from the universities of Stanford (USA), Monterrey (Mexico), Madrid (Spain) and Cape Town (South Africa).

Non-Profit Sponsoring Organization Already Active

Friedrichsen and Meinel have established a foundation for their project, which serves as the shareholder of the non-profit “German University of Digital Science gGmbH”. This resides in the so-called “CloudHouse”, the headquarters of the German UDS, in Potsdam’s media city Babelsberg. It provides the start-up funding for the digital university and is responsible for all its rights and obligations. According to the initiators, they are currently in intensive discussions with private individuals, companies, and institutions about contributions to the initial financing.

India, 26th September 2024: Rakuten India, a leader in cutting-edge technology and innovation, announces the appointment of two senior executives: Jay Swamidass as Vice President and Global Head of Sales and Subhash Chandra as Head of Global Partnerships & Alliances. These leadership appointments represent a significant step in Rakuten India’s ongoing efforts to expand its global footprint and enhance its enterprise software offerings.

In recent years, Rakuten SixthSense has witnessed impressive growth, broadening its reach and becoming a key player in the global technology space. This success has been fueled by the platform’s dedication to innovation, its capacity to tackle complex enterprise challenges, and its focus on cultivating strong strategic partnerships. With the appointment of Jay Swamidass and Subhash Chandra to the leadership team, Rakuten SixthSense is poised to accelerate its growth and drive further advancements in the industry.

Jay Swamidass brings over two decades of experience in enterprise software sales, having held key positions and leadership roles at Hewlett Packard, Commvault Systems, Veeam Software, and most recently, Apica. At Rakuten India, Jay will lead the sales strategy for Rakuten SixthSense, focusing on delivering innovative solutions to enterprise customers. His expertise in analytics, cloud, AI, and enterprise infrastructure will support the company’s goal of further expanding its footprint in this critical market.

“I am thrilled to join Rakuten India at such an exciting time,” said Jay Swamidass, Vice President and Global Head of Sales, Rakuten SixthSense. “The company’s focus on cutting-edge observability solutions and its commitment to solving complex enterprise challenges align perfectly with my passion for leveraging technology to drive operational excellence and business resilience. I’m excited to work alongside this talented team to strengthen our market presence and deliver real value to our clients through unparalleled visibility and performance insights.”

Subhash Chandra, appointed as Head of Global Partnerships & Alliances, Rakuten SixthSense, brings 23 years of experience in building strategic partnerships across the technology sector, with prior leadership roles at AWS, Google Cloud, SAP, and IBM. Subhash will focus on expanding Rakuten India’s global partner network to enhance its technological capabilities and market reach, which will further fuel the company’s rapid growth.

“Rakuten India’s vision of innovation through collaboration is truly inspiring,” said Subhash Chandra, Head of Global Partnerships & Alliances. “I am eager to lead the global partnerships efforts and work closely with our partners to create synergies that empower our clients and elevate Rakuten India’s solutions on a global scale.”

Commenting on the appointments, Sunil Gopinath, CEO of Rakuten India said, “We are delighted to welcome Jay and Subhash to the Rakuten India leadership team. Their expertise and leadership will be pivotal as we continue to innovate and expand our global presence in enterprise software and observability. With their strategic insights and operational excellence, I am confident we will achieve new milestones and continue our significant growth trajectory for our Rakuten SixthSense business.”

Hyderabad, September 26, 2024 – The Smart City Living Lab announces the launch of its innovative Digital Twin for water utility network. This project was initiated in collaboration with ZF Technologies, a CSR initiative five months ago, represents a significant advancement in smart city infrastructure management.

Ms.Anuradha Vattem, Chief Technology Architect mentioned that the idea of building a Digital Twin has been triggered when an MOU for establishing Centre of Excellence for Water (Water COE)with Hyderabad Metropolitan Water Supply and Sewerage Board(HMWSSB) last February and one of the problems discussed was the Digital Twin for Water and Sewerage Treatment Plant.

In continuation with that, the team started understanding and thinking on how Digital Twin can be applied and used for Utility networks like water. And ZF has facilitated and fuelled our idea in building the first Digital Twin for a water network in IIITH Smart City Living Lab.

In brief about the product, an area of water network in the Kohli research Block was identified where Different nodes (water quality, water flow, water level and motor control) were deployed. After extensive research into existing software options and exploring all possibilities, the team opted to develop its own software stack, tailored specifically for this project. It has used the standard stack used for smart city solutions (including the oneM2M interoperable layer).

The ZF Team is led by Mr. Krishnaswamy Jambunathan, Vice President and Head – of Tech Center India at ZF Group and Rakesh Mishra, Head Of Finance. has graced the official launch of the Digital Twin at the Campus. Mr. Krishnaswamy Jambunathan appreciated the team’s effort towards developing the platform.

The successful implementation of the Digital Twin technology has garnered immense satisfaction from the ZF Team. Today’s launch event marks the culmination of this collaborative effort and paves the way for wider adoption of this groundbreaking solution.

After the Launch, Mementoes were given to the team who worked on the Digital Twin Project as a token of appreciation.

Dr Deepak Gangadharan says “The Water Network Twin project with ZF is very timely, given the National initiative of Sangam Digital Twin by DoT. This demonstrates the commitment and expertise of IIIT-H in being one of the major contributors in the Digital Twin space for Smart City solutions”.

Following the launch, the Smart City Living Lab and ZF technologies teams engaged in discussions regarding the various activities to be planned as a part of the future collaboration. ZF team mentioned that they were happy with the progress made on the campus and are very much interested in working on more future collaborations.

Dr. Karthik Vaidhyanathan expressed that The biggest takeaway from this project has been in taking the concept of digital twin from lab to land thereby contributing towards the goal of sustainable smart cities. This experience has enabled our team to move towards the development of a platform that enables city stakeholders in building digital twins for different smart city use cases

Ms. Anuradha Vattem reiterated that this visit from ZF to the Smart City Living Lab proved fruitful and it marks the beginning of many more engagements with ZF in the coming years.

Mumbai,  September 24, 2024 –– Trend Micro Incorporated , a global cybersecurity leader, today published research revealing that global organizations lack sufficient resources and leadership buy-in to measure and mitigate risk across their digital attack surface.

Sharda Tickoo, Country Manager for India & SAARC at Trend Micro: “A lack of clear leadership on cybersecurity can have a paralyzing effect on an organization—leading to reactive, piecemeal and erratic decision making. Companies need CISOs to clearly communicate in terms of business risk to engage their boards. Ideally, they should have a single source of truth across the attack surface from which to share updates with the board, continually monitor risk, and automatically remediate issues for enhanced cyber-resilience.”

Trend polled 2,600 global IT leaders responsible for cybersecurity in small, medium and large organizations to better understand their attitudes toward attack surface risk management (ASRM).

The top three gaps in cyber-resilience revealed by respondents were:

• Sufficient staffing for 24x7x365 cybersecurity coverage – which just 36% have
• Attack surface management techniques to measure the risk of the attack surface (used by 35%)
• Using proven regulatory and other frameworks like the NIST Cybersecurity Framework (only 34%)

The failure of a majority of global companies to achieve these cybersecurity basics could be traced back to a lack of leadership and accountability at the top of the organization. Half (48%) of respondents claimed that their leadership doesn’t consider cybersecurity to be their responsibility. Just 17% disagreed strongly with that statement.

When asked who does or should hold responsibility for mitigating business risk, respondents returned a variety of answers, indicating a lack of clarity on reporting lines. Nearly a third (31%) said the buck stops with organizational IT teams.

This lack of clear direction on cybersecurity strategy may be why over half (54%) of global respondents complained that their organization’s attitude to cyber risk is inconsistent and varies from month to month.

The leadership required to remediate these issues is not present in many organizations. Nearly all (96%) of those surveyed have concerns about their attack surface. Over one third (36%) are worried about having a way of discovering, assessing and mitigating high-risk areas, and a fifth (19%) aren’t able to work from a single source of truth.