Wipro appoints ICICI Prudential Life CEO to Board, Infy BPM opens centre in Odisha
Here is your daily dose of key developments from the technology world of India.
Wipro appoints N S Kannan to its Board
Wipro has appointed N S Kannan to its Board of Directors for five years effective October 1, 2023, subject to the approval of shareholders. Kannan will serve as an independent director on the Board, bringing over 30 years of experience in the financial services domain, including banking and insurance.
He was recently superannuated as the Managing Director and Chief Executive Officer at ICICI Prudential Life Insurance Co Ltd. During his tenure as Managing Director and Chief Executive Officer, Kannan led the company's transformation into a multiproduct and multi-channel company. Kannan has served in various leadership roles at ICICI Group, including as Executive Director and CFO of ICICI Bank.
Kannan has also served as Chairman/Non-Executive Director of various ICICI Group companies.
Infosys BPM opens centre in Bhubaneswar
Odisha Chief Minister Naveen Patnaik has inaugurated a centre of Infosys BPM Limited, a wholly-owned subsidiary of Infosys in Bhubaneswar. The new centre of Infosys BPM (Business Process Management) is the first such facility of the company in eastern India.
Earlier, the company had established its Offshore Development Centre (ODC) in Bhubaneswar which was its first such centre outside its headquarters in Karnataka. Established in April 2002, Infosys BPM Ltd has 42 delivery locations spread across 16 countries, offering an end-to-end outsourcing services provider.
“The strength of Infosys will increase from 10,000 to 20,000 in the near future and Infosys BPM will contribute immensely to the growth. This centre will create considerable new job opportunities for the youth of the state,” Satish HC, Executive Vice President and Co-head of Delivery at , said.
TCS begins digital roadmap for AIB Life, Wipro partners with Pure Storage
NIIT Learning Systems posts Rs 55.2 Cr net profit for Q1
NIIT Learning Systems reported a net profit of Rs 55.2 crore for the first quarter of FY24, which was flat growth when compared to the similar period of last fiscal. The net revenue during this period stood at Rs 382.3 crore—a 22% year-on-year growth. The EBITDA margin stood at 24% for the quarter.
Earlier this week the company marked its debut on the Indian stock exchanges through its listing on the BSE and NSE on August 8, 2023. During the quarter, NIIT MTS added four new customers taking the total count to 83.
NIIT Learning Systems Chairperson Rajendra Singh Pawar said, “The global corporate training market is currently underpenetrated, and the company has an opportunity to become a leader in this space.”
Cloudflare and IBM expand partnership on cybersecurity tech
, the security, performance, and reliability for the internet has announced that IBM Cloud Internet Services (CIS), powered by Cloudflare, has expanded its offering to include Cloudflare Bot Management, now available to help enterprises on the Enterprise Premier Plan address and combat the growing threat of malicious bot traffic.
Cloudflare and IBM Cloud have been working together since 2018, integrating Cloudflare application security and performance natively into IBM Cloud through IBM CIS, powered by Cloudflare. CIS positions customers to configure their web and internet applications to be protected against cyber threats, including DDoS attacks and data theft, while enhancing performance and reliability with load balancing, optimised routing and caching, and data exchange, as part of the CIS suite of capabilities.
As malicious bot attacks become more sophisticated and manual mitigations become more burdensome, a dynamic and adaptive solution is required for enterprises running internet-facing workloads. With Cloudflare Bot Management, businesses can be protected from targeted application abuse such as credential stuffing, inventory hoarding, carding abuse, and content scraping, as part of the complete bot management detection and mitigation offering.
Tenable unveils GenAI cybersecurity solution
Tenable, a cybersecurity company, has launched ExposureAI, new generative AI capabilities and services across the Tenable One Exposure Management Platform. Tenable has also introduced Tenable Exposure Graph, a scalable data lake powered by Snowflake that fuels the ExposureAI engine.
This unified data platform—representing more than one trillion unique exposures, IT assets and security findings (vulnerabilities, misconfigurations and identities) across IT, public cloud and OT environments—is a repository of contextual exposure data in the world and feeds all of Tenable’s Exposure Management products.
Prevention has long been a challenge for security teams. Conducting analysis, interpreting the findings, and identifying what steps to take to remediate and reduce risk has traditionally been a time-consuming process that puts organisational security in reactive mode.
Tenable is using generative AI to put more capability in the hands of security teams, so they can be more efficient and focus more resources on preventing successful attacks. The insights Tenable ExposureAI creates make exposure management more accessible and turn all analysts into expert defenders.
Tenable ExposureAI provides three new categories of generative AI-based preventive security capabilities that are foundational to exposure management programmes.
Edited by Kanishk Singh