Wednesday, Jul 18 2018 | Time 06:26 Hrs(IST)
image
image
  • Trump, seeking to calm political storm over Putin summit, says he misspoke
  • "Fanatical" pro-Brexit lawmakers pushing UK towards new election- former PM Major
  • Iran files suit in international court against U S over sanctions
  • Social media companies defend filtering practices before Congress
  • Trump says he has confidence in U S agencies on Russia, misspoke in Helsinki
  • Trump says he, Putin discussed N Korea, curbing global nuclear weapons
  • Root and Morgan clinch decider for England in ODI series
  • Greater Noida: Two building collapse; 50 injured
Business Economy Share

NetApp helps 6 startups using AI and machine learning achive big

Bengaluru, Dec 12 (UNI) IT products that could revolutionise
personal healthcare, help lawyers decode voluminous agreements and
ensure safe driving are among the six startups that have been
successfully handled by NetApp, a data authority on hybrid cloud.
These six startups have graduated from the first Excellerator
Programme of NetApp that was designed to help enterprise startups to
achieve their full potential through mentorship with one of NetApp's
largest research and development teams.
One of them, Scalend, has become an alliance Partner with NetApp
itself to offer software to financial sector for enhancing their
business using Artificial Intelligence. Operating from India and
Singapore it already has six clients and with the help of NetApp
marketing skills aim to enhance its business.
Scalend Technologies CEO Ravi Madhira told newsmen here that the
programme had helped the company to focus on market research and
identify the right target market and target customers.
NetApp which held the first Excelerator demo programme today
also exhibited the product of Light metrics, which has come out with
a software driven camera that could enable drivers of vehicles to
avoid accidents and drive safely. Its product had already been
picked up by a trucking company in the US.
Similarly, Valuedge, is another startup which has for the first
time come up with a data based products that could help legal firms
and corporate entities to scan draft agreements in least time with
voluminious agreements reduced to three page summary.
NetApp Senior Vice President and Managing Director of Indian
operations, Deepak Visweswaraiah said that mentoring of startups
have given a valuable learning experience as it allowed the company
to reconnect with the startup that remain at heart. NetApp would
provide them with best ecosystem to achieve success.
The six startup were selected from more than 250 startups that
had applied for the programme which not only had a cash support of
USD 15,000 each but also provided necessary technical, logistic and
mentoring support to these six start ups.
The second programme has kicked up and applications have been
sought from prospective start ups with the last day being January
19, Mr Visweswaraiah said.
UNI CNR RS CS 1810
More News

Govt to infuse Rs 11,336 cr in 5 public sector banks

17 Jul 2018 | 10:55 PM

New Delhi, July 17 (UNI) The government on Tuesday announced an infusion of Rs 11,336 crore in five public sector banks as part of its Indradhanush scheme.

 Sharesee more..

WE Hub hosts MSME workshop for women entrepreneurs

17 Jul 2018 | 9:37 PM

Hyderabad, July 17 (UNI) 'WE HUB' along with MSME-DI organised a workshop to showcase the various schemes and financial assistance programs available from the Government of India, Government of Telangana and Banking institutions, here on Tuesday.

 Sharesee more..

IDBI board to seek govt decision over LIC proposal

17 Jul 2018 | 9:30 PM

New Delhi, July 17 (UNI) A day after board of state-run insurance company LIC gave its nod to increase its stake in debt-ridden Public Sector Bank IDBI up to 51 per cent; the IDBI board decided to seek the decision
of the government over the LIC proposal.

 Sharesee more..

Max Life Insurance to distribute Rs 1,084 crore as bonus to its participating policyholders

17 Jul 2018 | 7:26 PM

Gurugram, July 17 (UNI) Max Life Insurance, one of the leading life insurance companies of India, announced that it will be paying Rs 1,084 crore as policyholder bonus on the participating policies in-force, an increase of 27 per cent over Rs 854 crore in the same period in the previous year.

 Sharesee more..

MediaTek unveils new chipset to power smartphones

17 Jul 2018 | 7:21 PM

New Delhi, July 17(UNI) Taiwanese semiconductor company MediaTeK on Tuesday unveiled its Helio A series, expanding its Helio family of feature-packed and power-efficient chipsets with the company's new Helio A22 system-on-chip (SoC).

 Sharesee more..
image