Press release from Business Wire India
Source: Arbor Networks
Thursday, December 06, 2012 02:24 PM IST (08:54 AM GMT)
Editors: General: Consumer interest; Business: Business services, Defence & security, Information technology, Major diversified industrial groups; Technology
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The World's Leading DDoS Mitigation Technology from Arbor Networks Now Available in Solutions for the Enterprise Ranging from 500 Mbps to 40 Gbps Mitigation Capacity
Pravail APS 3.0 Includes Advanced Web Crawler Service that Blocks Malicious Web Crawlers while Protecting both Availability and a Website's Page Ranking
Mumbai, Maharashtra, India, Thursday, December 06, 2012 -- (Business Wire India) -- Arbor Networks , Inc., a leading provider of security and network management solutions for enterprise and service provider networks, today announced the latest version of the Pravail ® Availability Protection System (APS), as well as new hardware options to provide greater flexibility in deployment. Pravail APS protects enterprises that rely on Internet availability, securing business continuity and availability by automatically neutralizing application-layer DDoS attacks before they impact critical services. This easy-to-deploy appliance relies on the world's most advanced and sophisticated attack detection and mitigation technology and is now available in traffic inspection capacities ranging from 500 Mbps all the way up to 10 Gbps. Arbor's Peakflow SP Threat Management System provides up to 40Gbps mitigation capacity - providing deployment options for every size organization.
World Leader in DDoS Mitigation
Arbor Networks' customers include the vast majority of the world's service providers and many of the largest enterprise networks in use today. According to a recent report from Infonetics Research titled, DDoS Prevention Appliance Market Outlook, Arbor Networks was cited as top supplier of DDoS prevention solutions overall as well as in the Carrier, Enterprise, Government and Mobile market segments.
Stateless Analysis Filtering Engine (SAFE)
Arbor's Stateless Analysis Filtering Engine (SAFE) is the backbone technology powering Arbor's Peakflow and Pravail DDoS mitigation solutions worldwide. That same technology that protects the vast majority of the world's service provider networks is now available to enterprises of all sizes, with mitigation capacity ranging from 500Mbps to 40Gbps.
The Stateless Analysis Filtering Engine is a unique packet-based engine that provides the foundation for both Pravail APS and the Arbor service provider solutions. Unlike load balancers, IPS or firewalls, SAFE detects and mitigates most DDoS attacks without tracking any session state. In cases where tracking is required, SAFE only stores minimal information for a short period of time. As a result, Pravail APS can withstand the target state tables in other security products and threaten availability. Further, SAFE incorporates advanced DDoS countermeasures developed by Arbor's Security Engineering & Response Team (ASERT). These countermeasures include advanced packet-based protections which neutralize hundreds of malware families that make up the vast majority of the global botnet threat.
"Pravail APS provides what other perimeter-based security devices cannot, and that is the ability to proactively protect against DDoS attacks," said Richard Martinez, enterprise security analyst with Frost & Sullivan. "Given the threat complexity and the business impact of DDoS, a full-spectrum solution is required. A common response by many administrators to the challenges of DDoS is the belief that their firewall and IPS infrastructure will protect them from attack. Unfortunately, this is not true. Firewalls and IPS devices, while critical to network protection, are not adequate to protect against complex DDoS attacks."
"DDoS is a complex problem that combines multiple attack techniques, tools and targets. Enterprises are realizing that existing solutions, such as firewalls and IPS, are not designed for availability threats such as application layer DDoS attacks," said Arbor Networks President Colin Doherty . "Pravail APS is purpose-built for application layer DDoS and for deployment in an enterprise environment. We're bringing the same technology that protects the vast majority of the world's ISP's to the enterprise."
What's new in Pravail APS 3.0:
-- Advanced Web crawler service: Pravail APS delivers superior availability protection without impacting a Website's page ranking and search engine results. The ASERT team has created policies that allow specific Web crawlers, but blocks those that are malicious or irrelevant. This provides a constant update on legitimate Web crawlers with protections in place to identify spoofing and illegitimate crawlers.
-- Insights into Advanced Botnet Attacks: Pravail APS 3.0 includes updates to the ATLAS® Intelligence Feed (AIF) that simplify attack identification and reporting. AIF automatically provisions Pravail APS appliances with the latest defenses to new threats as well as updates to IP location data-all in real-time. The AIF is made possible as a result of Arbor's close and privileged relationship with leading ISPs around the world with an extensive network of sensors and data, giving Arbor real-time visibility into 35Tbps of global Internet traffic. This gives Arbor unmatched insight into emerging threats-information used by ASERT to develop defenses to new, emerging threats.
-- A Focus on the Security Operations Center (SOC): Pravail APS 3.0 includes new reporting and protection features including SOC notification of blocked attacks, increased protection mechanisms and identification of unusual traffic patterns that could be indicative of an attack. Pravail APS 3.0 also gives the SOC the ability to customize attack responses for only the assets and services targeted by the attack (which minimizes impact for unaffected assets). All of these features better arm SOC engineers to intelligently and surgically mitigate attacks.
For more information on Arbor Networks® DDoS detection and mitigation solutions:
-- Download the Pravail APS data sheet found here: http://www.arbornetworks.com/products/pravail/aps
-- Or, please visit www.youtube.com/user/ArborNetworks
About Arbor Networks
Arbor Networks, Inc. is a leading provider of network security and management solutions for enterprise and service provider networks, including the vast majority of the world's Internet service providers and many of the largest enterprise networks in use today. Arbor's proven network security and management solutions help grow and protect customer networks, businesses and brands. Through its unparalleled, privileged relationships with worldwide service providers and global network operators, Arbor provides unequalled insight into and perspective on Internet security and traffic trends via the ATLAS® Active Threat Level Analysis System. Representing a unique collaborative effort with 240+ network operators across the globe, ATLAS enables the sharing of real-time security, traffic and routing information that informs numerous business decisions.
For technical insight into the latest security threats and Internet traffic trends, please visit our website at arbornetworks.com and our blog at http://ddos.arbornetworks.com/ .
Trademark Notice: Arbor Networks, Peakflow, ArbOS, How Networks Grow, ATLAS, Pravail, Arbor Optima, Cloud Signaling, the Arbor Networks logo and Arbor Networks: Smart. Available. Secure. are all trademarks of Arbor Networks, Inc. All other brand names may be trademarks of their respective owners.
CONTACT DETAILS
Francis Hung, +65 6338 1006, francis.hung@priorityconsultants.com
KEYWORDS
CONSUMER, BUSINESS SERVICES, DEFENCE, IT, GROUPS, TECHNOLOGY
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Thursday, December 6, 2012
BWI: Growing Auto Sales and Manufacturing Bases, Especially of Low-Budget Cars, Enhances Opportunities for Logistics Companies - Notes Frost & Sullivan
Press release from Business Wire India
Source: Frost & Sullivan
Thursday, December 06, 2012 02:22 PM IST (08:52 AM GMT)
Editors: General: People; Business: Automotives, Business services, Information technology, Transport engineering; Technology; Automotive
--------------------------------------------------
Growing Auto Sales and Manufacturing Bases, Especially of Low-Budget Cars, Enhances Opportunities for Logistics Companies - Notes Frost & Sullivan
Mumbai, Maharashtra, India, Thursday, December 06, 2012 -- (Business Wire India) -- Drawn by the growing domestic market for passenger vehicles (especially low-budget and diesel cars) and commercial vehicles, numerous global automotive majors have set up manufacturing bases, and are expanding their footprint. They are also looking to make the most of India's rising prominence as a global manufacturing hub to meet their export targets. Auto component manufacturers tend to locate their production facilities near these OEMs, driving the growth of domestic logistics market, including transportation and warehousing.
New analyses from Frost & Sullivan(http://www.automotive.frost.com), Logistics Scenario Tracker on Indian Auto Components Industry, and Logistics Scenario Tracker on Indian Automobile Industry find that the total automotive sector including auto components and automobiles spent a total $3.13 billion in 2011 on logistics activities. Within this, auto components industry spent an amount of $1.65 billion in 2011 on logistics activities, accounting for 5.5 percent of the industry turnover. Transportation accounts for the largest share of the entire logistics spend of the industry, while warehousing accounts for the second largest share. The automobile industry spent an amount of $1.48 billion in 2011 on logistics activities accounting for 3.5 percent of automobile industry turnover. Transportation accounts for the largest share of the entire logistics spend of both the industry segments and is also the most outsourced function to logistics service providers (LSPs).
Although the market has significant potential, the rising costs of materials erode the profits of auto component and automobile manufacturers, and limitations in logistics infrastructure result in supply chain inefficiencies. "Auto components and automobile companies are exploring alternate sources of raw materials to reduce input costs, while logistics service providers must seek to adopt global models and standards to improve the supply chain efficiencies of their clients," said Srinath Manda, Program Manager, Transportation & Logistics Practice, Frost & Sullivan.
Importantly, they should look to plug security loopholes, as around 65 percent of Indian auto component companies declared that their most important concern in logistics is the risk of information leak to competitors through their logistics service providers (LSPs), while around 78 percent of Indian automobile companies declared that their most important concern in logistics is the safety of goods during transit and warehousing by LSPs.
Capability enhancement and qualified resources engagement is another need of the hour for LSPs as around 60 percent of auto component companies were apprehensive about their LSPs' ability to keep pace with evolving end-user volumes and technical requirements, while nearly 76 percent of automobile companies expressed that their second greatest apprehension was their LSPs' lack of skills and expertise in handling logistics needs, both within their own organization and at the LSPs.
LSPs should acquire modern transportation assets (vehicles and equipment) and modern warehousing assets (modern warehouses and material handling equipment) to reduce the scope of goods damage. They should also invest in advanced high-security information management systems to address security issues and offer customers complete visibility of their goods' movement. These systems should possess a high control security structure that can provide authorized information access, according to customers' requirements.
Currently, over two-thirds of end users employ multiple LSPs, since a single provider is inadequate to meet all their needs. Additionally, more than three-quarters of the Indian auto components industry participants have only one-year contracts with LSPs, indicating a high propensity to switch providers. "To address the challenge of matching the evolving end-user volumes and technical requirements, LSPs should work more closely with their customers to develop customized and mutually acceptable logistics solutions and standards of performance," noted Manda.
"In addition, LSPs should improve their recruitment strategies by hiring graduates from exclusive logistics institutes. They also need to undertake regular training programs for their staff to hone their skills in logistics and fulfil customer expectations," concluded Manda.
If you are interested in the virtual brochure, which provides a brief synopsis of the research and a table of contents, please send an e-mail to Ravinder Kaur/Priya George, Corporate Communications, at ravinder.kaur@frost.com / priyag@frost.com, with your full name, company name, title, telephone number, company e-mail address, company website, city, state and country. Upon receipt of the above information, the brochure will be sent to you by e-mail.
Logistics Scenario Tracker on Indian Auto Components Industry and Logistics Scenario Tracker on Indian Automobile Industry are part of the Logistics Growth Partnership Services program, which also includes research in the following markets: Strategic Analysis of Logistics Spend and Outsourcing Trends in India, Logistics Scenario Tracker on Indian Pharmaceutical Industry, and Strategic Analysis of Logistics Technology Usage Trends in India. All research services included in subscriptions provide detailed market opportunities and industry trends that have been evaluated following extensive interviews with market participants.
About Frost & Sullivan
Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants.
Our "Growth Partnership" supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.
-- The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including: research, analysis, strategy, vision, innovation and implementation.
-- The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360 degree research, comprehensive industry coverage, career best practices as well as our global footprint of more than 40 offices.
For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?
Contact Us: Start the discussion
Join Us: Join our community
Subscribe: Newsletter on "the next big thing"
Register: Gain access to visionary innovation
Logistics Scenario Tracker on Indian Auto Components Industry - P4E8-13
Logistics Scenario Tracker on Indian Automobile Industry - P4E9-13
CONTACT DETAILS
Ravinder Kaur, Corporate Communications - South Asia, Frost & Sullivan, +91 9940141714 / +91 (44) 66814080, ravinder.kaur@frost.com
Priya George, Corporate Communications - South Asia, Frost & Sullivan, +91 9840355432 / +91 (44) 66814456, priyag@frost.com
Nimisha Iyer, Corporate Communications - South Asia & Middle East, Frost & Sullivan, +91 9820050519 / +91 (22) 66072004, niyer@frost.com
KEYWORDS
PEOPLE, AUTOMOTIVE, BUSINESS SERVICES, IT, TRANSPORT, TECHNOLOGY, AUTOMOTIVE
If you wish to change your Business Wire India selection please click on this link http://www.businesswireindia.com/media/news.asp and use your personal username and password to login.
Submit your press release at http://www.businesswireindia.com
Source: Frost & Sullivan
Thursday, December 06, 2012 02:22 PM IST (08:52 AM GMT)
Editors: General: People; Business: Automotives, Business services, Information technology, Transport engineering; Technology; Automotive
--------------------------------------------------
Growing Auto Sales and Manufacturing Bases, Especially of Low-Budget Cars, Enhances Opportunities for Logistics Companies - Notes Frost & Sullivan
Mumbai, Maharashtra, India, Thursday, December 06, 2012 -- (Business Wire India) -- Drawn by the growing domestic market for passenger vehicles (especially low-budget and diesel cars) and commercial vehicles, numerous global automotive majors have set up manufacturing bases, and are expanding their footprint. They are also looking to make the most of India's rising prominence as a global manufacturing hub to meet their export targets. Auto component manufacturers tend to locate their production facilities near these OEMs, driving the growth of domestic logistics market, including transportation and warehousing.
New analyses from Frost & Sullivan(http://www.automotive.frost.com), Logistics Scenario Tracker on Indian Auto Components Industry, and Logistics Scenario Tracker on Indian Automobile Industry find that the total automotive sector including auto components and automobiles spent a total $3.13 billion in 2011 on logistics activities. Within this, auto components industry spent an amount of $1.65 billion in 2011 on logistics activities, accounting for 5.5 percent of the industry turnover. Transportation accounts for the largest share of the entire logistics spend of the industry, while warehousing accounts for the second largest share. The automobile industry spent an amount of $1.48 billion in 2011 on logistics activities accounting for 3.5 percent of automobile industry turnover. Transportation accounts for the largest share of the entire logistics spend of both the industry segments and is also the most outsourced function to logistics service providers (LSPs).
Although the market has significant potential, the rising costs of materials erode the profits of auto component and automobile manufacturers, and limitations in logistics infrastructure result in supply chain inefficiencies. "Auto components and automobile companies are exploring alternate sources of raw materials to reduce input costs, while logistics service providers must seek to adopt global models and standards to improve the supply chain efficiencies of their clients," said Srinath Manda, Program Manager, Transportation & Logistics Practice, Frost & Sullivan.
Importantly, they should look to plug security loopholes, as around 65 percent of Indian auto component companies declared that their most important concern in logistics is the risk of information leak to competitors through their logistics service providers (LSPs), while around 78 percent of Indian automobile companies declared that their most important concern in logistics is the safety of goods during transit and warehousing by LSPs.
Capability enhancement and qualified resources engagement is another need of the hour for LSPs as around 60 percent of auto component companies were apprehensive about their LSPs' ability to keep pace with evolving end-user volumes and technical requirements, while nearly 76 percent of automobile companies expressed that their second greatest apprehension was their LSPs' lack of skills and expertise in handling logistics needs, both within their own organization and at the LSPs.
LSPs should acquire modern transportation assets (vehicles and equipment) and modern warehousing assets (modern warehouses and material handling equipment) to reduce the scope of goods damage. They should also invest in advanced high-security information management systems to address security issues and offer customers complete visibility of their goods' movement. These systems should possess a high control security structure that can provide authorized information access, according to customers' requirements.
Currently, over two-thirds of end users employ multiple LSPs, since a single provider is inadequate to meet all their needs. Additionally, more than three-quarters of the Indian auto components industry participants have only one-year contracts with LSPs, indicating a high propensity to switch providers. "To address the challenge of matching the evolving end-user volumes and technical requirements, LSPs should work more closely with their customers to develop customized and mutually acceptable logistics solutions and standards of performance," noted Manda.
"In addition, LSPs should improve their recruitment strategies by hiring graduates from exclusive logistics institutes. They also need to undertake regular training programs for their staff to hone their skills in logistics and fulfil customer expectations," concluded Manda.
If you are interested in the virtual brochure, which provides a brief synopsis of the research and a table of contents, please send an e-mail to Ravinder Kaur/Priya George, Corporate Communications, at ravinder.kaur@frost.com / priyag@frost.com, with your full name, company name, title, telephone number, company e-mail address, company website, city, state and country. Upon receipt of the above information, the brochure will be sent to you by e-mail.
Logistics Scenario Tracker on Indian Auto Components Industry and Logistics Scenario Tracker on Indian Automobile Industry are part of the Logistics Growth Partnership Services program, which also includes research in the following markets: Strategic Analysis of Logistics Spend and Outsourcing Trends in India, Logistics Scenario Tracker on Indian Pharmaceutical Industry, and Strategic Analysis of Logistics Technology Usage Trends in India. All research services included in subscriptions provide detailed market opportunities and industry trends that have been evaluated following extensive interviews with market participants.
About Frost & Sullivan
Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants.
Our "Growth Partnership" supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.
-- The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including: research, analysis, strategy, vision, innovation and implementation.
-- The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360 degree research, comprehensive industry coverage, career best practices as well as our global footprint of more than 40 offices.
For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?
Contact Us: Start the discussion
Join Us: Join our community
Subscribe: Newsletter on "the next big thing"
Register: Gain access to visionary innovation
Logistics Scenario Tracker on Indian Auto Components Industry - P4E8-13
Logistics Scenario Tracker on Indian Automobile Industry - P4E9-13
CONTACT DETAILS
Ravinder Kaur, Corporate Communications - South Asia, Frost & Sullivan, +91 9940141714 / +91 (44) 66814080, ravinder.kaur@frost.com
Priya George, Corporate Communications - South Asia, Frost & Sullivan, +91 9840355432 / +91 (44) 66814456, priyag@frost.com
Nimisha Iyer, Corporate Communications - South Asia & Middle East, Frost & Sullivan, +91 9820050519 / +91 (22) 66072004, niyer@frost.com
KEYWORDS
PEOPLE, AUTOMOTIVE, BUSINESS SERVICES, IT, TRANSPORT, TECHNOLOGY, AUTOMOTIVE
If you wish to change your Business Wire India selection please click on this link http://www.businesswireindia.com/media/news.asp and use your personal username and password to login.
Submit your press release at http://www.businesswireindia.com
BWI: Naya Ventures Launches New 250 Crore Rupees ($50 million) Fund Focusing on the Mobile and Cloud Markets
Press release from Business Wire India
Source: Naya Ventures
Thursday, December 06, 2012 02:00 PM IST (08:30 AM GMT)
Editors: General: Consumer interest, People; Business: Banking & financial services, Business services, Information technology, Telecommunications; Technology
--------------------------------------------------
Naya Ventures Launches New 250 Crore Rupees ($50 million) Fund Focusing on the Mobile and Cloud Markets
Hyderabad, Andhra Pradesh, India, Thursday, December 06, 2012 -- (Business Wire India) -- Naya Ventures, a new type of venture capital fund specializing in early stage companies in the mobile and cloud markets, today announced its first closing for its 250 Crore Rupees ($50 million) fund.
Headquartered in Dallas, with offices in Silicon Valley, Seattle and Hyderabad, India, Naya takes a unique approach from the typical venture capital fund to lead by collaboration. Combining the features of a venture capital fund with those of a private equity firm, Naya not only provides capital to early stage companies, but also the industry experience and relationships at the concept stage in their development to help jumpstart their growth to the next level and beyond. Naya helps connect entrepreneurs with the necessary key players in big companies, from internal product marketing and development all the way up to C-level executives, leveraging its own extensive operational experience, product development expertise and network of strategic relationships to help entrepreneursgrow their companies and accelerate value creation. At a time when many funds have struggled or even closed, the value of Naya's portfolio companies have created significant valueand all its portfolio companies have gone straight to Series A or B funding.
The fund is led by serial entrepreneurs who are veterans in mobile and cloud technology industryand who have collectively founded and sold mobile technology companies creating more than 2500 Crore Rupees ($500 million) in shareholder value. The fund is headed by Dayakar Puskoor, a wireless industry visionary and former Microsoft executive whose background includes founder and CEO of JP Mobile and M2 Junction; Prabakar Reddy, an experienced global executive with more than 20 years of strategy and operational roles in Fortune 500 and innovative start-up companies including co-founder and CIO of Risemartand managing director of ANSR Group, and Gowri Shankar, CEO of SinglePoint Technologies and a founding member of the Sprint PCS launch team, which laid the foundation for Sprint PCS's industry-leading enterprise sales strategy.
"We're pleased that these investment partners have joined us and see the value in our unique approach," said Puskoor, who serves as general and managing partner for the fund. "We are not a traditional incubator model, nor a traditional Venture Capitalist; we consult with our portfolio companies' management teams to identify areas in which Naya can help and go beyond opening doors for our portfolio companies. We do all that we can to build value. All of our portfolio companies have benefited by Naya's connections in getting strategic deals and partnerships, and kickstarting revenue opportunities."
Naya Ventures Launches New 250 Crore Rupees ($50 million) Fund Focusing 2/2/2/2
In operation since 2011, Naya's current portfolio consists of seven companies in the mobile and cloud market. These include BoxFish (formerly Mixaroo), a better way to control TV, Zoomingo, a top rated shopping app platform that lets consumers find the best deals in their local stores or online from their smartphone or home computer; and Glympse, a mobile service that allows GPS-enabled mobile devices to share their location via a web app for a pre-set amount of time. Additional companies are currently in the pipeline or under evaluation.
"Naya's team has helped us in our business development and marketing, assisting us to refine our strategy and getting key introductions to potential partners that helped us to accelerate our business development," said Eoin Dowling, Co-founder and CEO of Boxfish. "Naya worked with us in lockstep to increase our business development bandwidth."
"Naya has been a key strategic partner from the beginning, and the team is available to us as much as we want," said Shirish Nadkarni, president and CEO of Zoomingo. "As part of this, Naya had helped us with our strategy and business development, identifying and introducing us to potential business partners to help us establish a strong business model for Zoomingo."
Co-investors in Naya portfolio companies include Menlo Ventures, Benaroya Capital, Seapoint Ventures, Intel Capital, Deutshe Telecom Ventures, Ignition and Rally Capital.
About Naya Ventures:
Founded in 2011, Naya Ventures invests in early stage mobile technology and cloud based companies where its product development expertise, emerging market channel relationshipsand go-to-market strategies can efficiently increase enterprise value. Led by serial entrepreneurs in the mobile and cloud industry, Naya Ventures' principals work alongside a global network of C-level executives and general partners at influential US technology companies and venture funds. Naya's strong mobile and cloud industry reputation, its relationships with leading technology companies such as Microsoft and its global network of technology and market development resources help accelerate value creation. Its relationships also provide Naya with an extensive deal sourcing and follow on funding capability.
Website: http://www.nayaventures.com
CONTACT DETAILS
Arjun, Naya Ventures, +91 9866787958, arjun.s@nayaventures.com
KEYWORDS
CONSUMER, PEOPLE, BANKING, BUSINESS SERVICES, IT, TELECOMMUNICATIONS, TECHNOLOGY
If you wish to change your Business Wire India selection please click on this link http://www.businesswireindia.com/media/news.asp and use your personal username and password to login.
Submit your press release at http://www.businesswireindia.com
Source: Naya Ventures
Thursday, December 06, 2012 02:00 PM IST (08:30 AM GMT)
Editors: General: Consumer interest, People; Business: Banking & financial services, Business services, Information technology, Telecommunications; Technology
--------------------------------------------------
Naya Ventures Launches New 250 Crore Rupees ($50 million) Fund Focusing on the Mobile and Cloud Markets
Hyderabad, Andhra Pradesh, India, Thursday, December 06, 2012 -- (Business Wire India) -- Naya Ventures, a new type of venture capital fund specializing in early stage companies in the mobile and cloud markets, today announced its first closing for its 250 Crore Rupees ($50 million) fund.
Headquartered in Dallas, with offices in Silicon Valley, Seattle and Hyderabad, India, Naya takes a unique approach from the typical venture capital fund to lead by collaboration. Combining the features of a venture capital fund with those of a private equity firm, Naya not only provides capital to early stage companies, but also the industry experience and relationships at the concept stage in their development to help jumpstart their growth to the next level and beyond. Naya helps connect entrepreneurs with the necessary key players in big companies, from internal product marketing and development all the way up to C-level executives, leveraging its own extensive operational experience, product development expertise and network of strategic relationships to help entrepreneursgrow their companies and accelerate value creation. At a time when many funds have struggled or even closed, the value of Naya's portfolio companies have created significant valueand all its portfolio companies have gone straight to Series A or B funding.
The fund is led by serial entrepreneurs who are veterans in mobile and cloud technology industryand who have collectively founded and sold mobile technology companies creating more than 2500 Crore Rupees ($500 million) in shareholder value. The fund is headed by Dayakar Puskoor, a wireless industry visionary and former Microsoft executive whose background includes founder and CEO of JP Mobile and M2 Junction; Prabakar Reddy, an experienced global executive with more than 20 years of strategy and operational roles in Fortune 500 and innovative start-up companies including co-founder and CIO of Risemartand managing director of ANSR Group, and Gowri Shankar, CEO of SinglePoint Technologies and a founding member of the Sprint PCS launch team, which laid the foundation for Sprint PCS's industry-leading enterprise sales strategy.
"We're pleased that these investment partners have joined us and see the value in our unique approach," said Puskoor, who serves as general and managing partner for the fund. "We are not a traditional incubator model, nor a traditional Venture Capitalist; we consult with our portfolio companies' management teams to identify areas in which Naya can help and go beyond opening doors for our portfolio companies. We do all that we can to build value. All of our portfolio companies have benefited by Naya's connections in getting strategic deals and partnerships, and kickstarting revenue opportunities."
Naya Ventures Launches New 250 Crore Rupees ($50 million) Fund Focusing 2/2/2/2
In operation since 2011, Naya's current portfolio consists of seven companies in the mobile and cloud market. These include BoxFish (formerly Mixaroo), a better way to control TV, Zoomingo, a top rated shopping app platform that lets consumers find the best deals in their local stores or online from their smartphone or home computer; and Glympse, a mobile service that allows GPS-enabled mobile devices to share their location via a web app for a pre-set amount of time. Additional companies are currently in the pipeline or under evaluation.
"Naya's team has helped us in our business development and marketing, assisting us to refine our strategy and getting key introductions to potential partners that helped us to accelerate our business development," said Eoin Dowling, Co-founder and CEO of Boxfish. "Naya worked with us in lockstep to increase our business development bandwidth."
"Naya has been a key strategic partner from the beginning, and the team is available to us as much as we want," said Shirish Nadkarni, president and CEO of Zoomingo. "As part of this, Naya had helped us with our strategy and business development, identifying and introducing us to potential business partners to help us establish a strong business model for Zoomingo."
Co-investors in Naya portfolio companies include Menlo Ventures, Benaroya Capital, Seapoint Ventures, Intel Capital, Deutshe Telecom Ventures, Ignition and Rally Capital.
About Naya Ventures:
Founded in 2011, Naya Ventures invests in early stage mobile technology and cloud based companies where its product development expertise, emerging market channel relationshipsand go-to-market strategies can efficiently increase enterprise value. Led by serial entrepreneurs in the mobile and cloud industry, Naya Ventures' principals work alongside a global network of C-level executives and general partners at influential US technology companies and venture funds. Naya's strong mobile and cloud industry reputation, its relationships with leading technology companies such as Microsoft and its global network of technology and market development resources help accelerate value creation. Its relationships also provide Naya with an extensive deal sourcing and follow on funding capability.
Website: http://www.nayaventures.com
CONTACT DETAILS
Arjun, Naya Ventures, +91 9866787958, arjun.s@nayaventures.com
KEYWORDS
CONSUMER, PEOPLE, BANKING, BUSINESS SERVICES, IT, TELECOMMUNICATIONS, TECHNOLOGY
If you wish to change your Business Wire India selection please click on this link http://www.businesswireindia.com/media/news.asp and use your personal username and password to login.
Submit your press release at http://www.businesswireindia.com
BWI: Gujarat Election Still Open, says Rediff’s Sentimeter Algorithm
Press release from Business Wire India
Source: Rediff.com (India) Ltd.
Thursday, December 06, 2012 01:30 PM IST (08:00 AM GMT)
Editors: General: Consumer interest, Economy, People; Business: Advertising, PR & marketing, Business services, Electronic appliances & components, Information technology, Major diversified industrial groups, Retailers; Technology
--------------------------------------------------
Gujarat Election Still Open, says Rediff's Sentimeter Algorithm
New tool enables Readers to predict poll outcome
Mumbai, Maharashtra, India, Thursday, December 06, 2012 -- (Business Wire India) -- Taking data journalism in India a step further, Rediff.com India Ltd today launched the Rediff Sentimeter, an interactive map-based tool that predicts who could win the Gujarat assembly election 2012.
The Rediff Sentimeter is based on the performance of each constituency in previous assembly elections in Gujarat and gives readers the overall forecast, as well as down to each constituency as readers click on it. It is also optimised for mobile platforms.
The Rediff Sentimeter also factors in the delimitation of constituencies and also takes into account the impact Keshubhai Patel's Gujarat Parivartan Party will have on the Bharatiya Janata Party's fortunes.
Contrary to what many opinion polls suggest, the Rediff Sentimeter reveals that the election result is not a certainty for any party. While Chief Minister Narendra Modi and the BJP remain the frontrunners, undecided voters in many constituencies could tilt the balance.
Thanks to The Rediff Sentimeter's in-built interactivity, readers now have the option of moving the slider to the BJP or Congress side to see how a swing to either party can change the outcome.
The Rediff Sentimeter can be accessed here: http://www.rediff.com/news/gujarat-assembly-elections-2012 or http://rediff.ly/sentimeter
About Rediff India:Rediff India (NASDAQ: REDF) is one of the premier worldwide online providers of news, information, communication, entertainment and shopping services for Indians worldwide. Founded in 1996, Rediff.com is headquartered in Mumbai, India with offices in New Delhi, Bangalore, Chennai, Hyderabad and New York.
Safe Harbor
Except for historical information and discussions contained herein, statements included in this release may constitute "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and reflect our current expectations. Forward-looking statements are identified by certain words or phrases such as "may", "will", "aim", "will likely result", "believe", "expect", "will continue", "anticipate", "estimate", "intend", "plan", "contemplate", "seek to", "future", "objective", "goal", "project", "should", "will pursue" and similar expressions or variations of such expressions. These statements involve a number of risks, uncertainties and other factors that could cause actual results to differ materially from those that may be projected by these forward looking statements. These risks and uncertainties include but are not limited to the slowdown in the economies worldwide and in the sectors in which our clients are based, the slowdown in the Internet and IT sectors world-wide, competition, success of our past and future acquisitions, attracting, recruiting and retaining highly skilled employees, technology, acceptance of new products and services, the development of broadband Internet and 3G networks in India, legal and regulatory policies, managing risks associated with customer products, the wide spread acceptance of the Internet as well as other risks detailed in the Form 20-F and other reports filed by Rediff.com India Limited with the U.S. Securities and Exchange Commission. Rediff.com India Limited and its subsidiaries may, from time to time, make additional written and oral forward looking statements, including statements contained in the Company's filings with the Securities and Exchange Commission and our reports to shareholders. Rediff.com India Limited does not undertake to update any forward-looking statement that may be made from time to time by or on behalf of the Company.
CONTACT DETAILS
Mandar Narvekar, Investor Relations and Corporate Affairs Contact, Rediff.com India Ltd., +91 (22) 61820000, investor@rediff.co.in
KEYWORDS
CONSUMER, ECONOMY, PEOPLE, MARKETING, BUSINESS SERVICES, ELECTRONICS, IT, GROUPS, RETAIL, TECHNOLOGY
If you wish to change your Business Wire India selection please click on this link http://www.businesswireindia.com/media/news.asp and use your personal username and password to login.
Submit your press release at http://www.businesswireindia.com
Source: Rediff.com (India) Ltd.
Thursday, December 06, 2012 01:30 PM IST (08:00 AM GMT)
Editors: General: Consumer interest, Economy, People; Business: Advertising, PR & marketing, Business services, Electronic appliances & components, Information technology, Major diversified industrial groups, Retailers; Technology
--------------------------------------------------
Gujarat Election Still Open, says Rediff's Sentimeter Algorithm
New tool enables Readers to predict poll outcome
Mumbai, Maharashtra, India, Thursday, December 06, 2012 -- (Business Wire India) -- Taking data journalism in India a step further, Rediff.com India Ltd today launched the Rediff Sentimeter, an interactive map-based tool that predicts who could win the Gujarat assembly election 2012.
The Rediff Sentimeter is based on the performance of each constituency in previous assembly elections in Gujarat and gives readers the overall forecast, as well as down to each constituency as readers click on it. It is also optimised for mobile platforms.
The Rediff Sentimeter also factors in the delimitation of constituencies and also takes into account the impact Keshubhai Patel's Gujarat Parivartan Party will have on the Bharatiya Janata Party's fortunes.
Contrary to what many opinion polls suggest, the Rediff Sentimeter reveals that the election result is not a certainty for any party. While Chief Minister Narendra Modi and the BJP remain the frontrunners, undecided voters in many constituencies could tilt the balance.
Thanks to The Rediff Sentimeter's in-built interactivity, readers now have the option of moving the slider to the BJP or Congress side to see how a swing to either party can change the outcome.
The Rediff Sentimeter can be accessed here: http://www.rediff.com/news/gujarat-assembly-elections-2012 or http://rediff.ly/sentimeter
About Rediff India:Rediff India (NASDAQ: REDF) is one of the premier worldwide online providers of news, information, communication, entertainment and shopping services for Indians worldwide. Founded in 1996, Rediff.com is headquartered in Mumbai, India with offices in New Delhi, Bangalore, Chennai, Hyderabad and New York.
Safe Harbor
Except for historical information and discussions contained herein, statements included in this release may constitute "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and reflect our current expectations. Forward-looking statements are identified by certain words or phrases such as "may", "will", "aim", "will likely result", "believe", "expect", "will continue", "anticipate", "estimate", "intend", "plan", "contemplate", "seek to", "future", "objective", "goal", "project", "should", "will pursue" and similar expressions or variations of such expressions. These statements involve a number of risks, uncertainties and other factors that could cause actual results to differ materially from those that may be projected by these forward looking statements. These risks and uncertainties include but are not limited to the slowdown in the economies worldwide and in the sectors in which our clients are based, the slowdown in the Internet and IT sectors world-wide, competition, success of our past and future acquisitions, attracting, recruiting and retaining highly skilled employees, technology, acceptance of new products and services, the development of broadband Internet and 3G networks in India, legal and regulatory policies, managing risks associated with customer products, the wide spread acceptance of the Internet as well as other risks detailed in the Form 20-F and other reports filed by Rediff.com India Limited with the U.S. Securities and Exchange Commission. Rediff.com India Limited and its subsidiaries may, from time to time, make additional written and oral forward looking statements, including statements contained in the Company's filings with the Securities and Exchange Commission and our reports to shareholders. Rediff.com India Limited does not undertake to update any forward-looking statement that may be made from time to time by or on behalf of the Company.
CONTACT DETAILS
Mandar Narvekar, Investor Relations and Corporate Affairs Contact, Rediff.com India Ltd., +91 (22) 61820000, investor@rediff.co.in
KEYWORDS
CONSUMER, ECONOMY, PEOPLE, MARKETING, BUSINESS SERVICES, ELECTRONICS, IT, GROUPS, RETAIL, TECHNOLOGY
If you wish to change your Business Wire India selection please click on this link http://www.businesswireindia.com/media/news.asp and use your personal username and password to login.
Submit your press release at http://www.businesswireindia.com
Wednesday, December 5, 2012
BWI: Google Edu Summit by EdTech in Partnership with InOpen- For the First Time in India
Press release from Business Wire India
Source: InOpen
Wednesday, December 05, 2012 05:58 PM IST (12:28 PM GMT)
Editors: General: Consumer interest, Entertainment, People; Business: Business services, Education & training, Information technology; Technology
--------------------------------------------------
Google Edu Summit by EdTech in Partnership with InOpen- For the First Time in India
Mumbai, Maharashtra, India, Wednesday, December 05, 2012 -- (Business Wire India) -- The Google EdTech team organized a conference for educators, held at the American School of Bombay on 1st and 2nd December, 212. The conference aimed to empower educators by using Google Apps effectively in education. Such a workshop was held for the first time in India by the EdTech team. This was done in collaboration with InOpen Technologies, an IIT Bombay spinoff. It is to be noted that IIT Bombay and InOpen have come up with Computer Science curriculum after 6 years of intensive research and are currently impacting more than 4,00,000 children across the country.
The 'Google Apps for Education India Summit' focused on integrating Google Apps in Education to promote learning and achievement in students, teachers and school management. The event featured Google Certified Teachers and representatives from Google's Apps for Education team.
The summit included two keynote presentations from respected Googlers, Suan Yeo and Rushton Hurley, and other noted Educators. The presenters conducted sessions on Deployment & Management of cloud apps for education. Some of the familiar ones are Google Docs.
Suan Yeo, who heads Google Enterprise Education, spoke about the high value and importance of education, and how technology is that empowering tool that helps realize the former. Google is able to add top quality value to education by creating readily available free applications for use in education all over the world. Times have changed, and Suan does believe, "How we learned is not how our students learn", thus it is important to "Teach with technology, not teach technology". This is in sync with InOpen's Computer Masti ideology based on the TPACK (Technological, Pedagogical, Content Knowledge) model which operates on the FOSS (free and open source software) philosophy, just as Suan encourages Open Technology.
Presenting his talk on Thoughtful Technology, Mr. Rupesh Kumar Shah, CEO and Co-Founder, InOpen Technologies said, "Thanks to Google, technology is changing the way students across the globe learn. However, technology is not the path, it's just the enabler". In his session, he took a step back, while planning ahead in Google style, to speak about the right way to learn Computers or Technology.
According to the Edtech team at Google, 1.5 lakh businesses in India are already using Google Apps and now the focus is to target schools. The Google-EdTech team wants to deploy, integrate and use Google Apps for Education to promote student learning and achievement in both K-12 and higher education.
According to the Google Apps for Education Summit participants, the conference is the "Best professional development" course for them. They learn, they explore new technology and network with educators from around the world.
About InOpen:
InOpen Technologies Pvt. Ltd. is an IIT Bombay based Educational startup. The Company was started in Oct 2009 and has its office in the serene campus of IIT Bombay. It designs, develops world-class educational content and solutions for academia. The solution is designed based on the inputs and extensive validations from academicians in the country and abroad. InOpen offers products and services to government and private schools and meets the requirements of state, national and international boards. InOpen is among the few companies that work full time in-sync with open standard. InOpen envisions itself as developer of Computer learning system by creating quality education standards using Open Standard. InOpen takes pride in their research, the academic team comprising of professors, psychologists and experts in various fields from world-class universities.
To view the photograph, please click on the link given below:
Rupesh Shah (Extreme Left), CEO, Co-Founder - Inopen Technologies, Mr. Suan Yeo (Center- Back Row), APAC Education Lead, Google Enterprise
For picture(s)/data to illustrate this release click below:
http://www.BusinessWireIndia.com/attachments/IMG_1(49).jpg
IMG_1(49).jpg
CONTACT DETAILS
Anushree Mittal, Assistant Manager-Corporate Communications, InOpen, +91 9619903712, anushree@inopen.in
Rushikesh Bade, 20:20 MSL, +91 9833970671, rushikesh.bade@2020msl.com
KEYWORDS
CONSUMER, ENTERTAINMENT, PEOPLE, BUSINESS SERVICES, EDUCATION, IT, TECHNOLOGY
If you wish to change your Business Wire India selection please click on this link http://www.businesswireindia.com/media/news.asp and use your personal username and password to login.
Submit your press release at http://www.businesswireindia.com
Source: InOpen
Wednesday, December 05, 2012 05:58 PM IST (12:28 PM GMT)
Editors: General: Consumer interest, Entertainment, People; Business: Business services, Education & training, Information technology; Technology
--------------------------------------------------
Google Edu Summit by EdTech in Partnership with InOpen- For the First Time in India
Mumbai, Maharashtra, India, Wednesday, December 05, 2012 -- (Business Wire India) -- The Google EdTech team organized a conference for educators, held at the American School of Bombay on 1st and 2nd December, 212. The conference aimed to empower educators by using Google Apps effectively in education. Such a workshop was held for the first time in India by the EdTech team. This was done in collaboration with InOpen Technologies, an IIT Bombay spinoff. It is to be noted that IIT Bombay and InOpen have come up with Computer Science curriculum after 6 years of intensive research and are currently impacting more than 4,00,000 children across the country.
The 'Google Apps for Education India Summit' focused on integrating Google Apps in Education to promote learning and achievement in students, teachers and school management. The event featured Google Certified Teachers and representatives from Google's Apps for Education team.
The summit included two keynote presentations from respected Googlers, Suan Yeo and Rushton Hurley, and other noted Educators. The presenters conducted sessions on Deployment & Management of cloud apps for education. Some of the familiar ones are Google Docs.
Suan Yeo, who heads Google Enterprise Education, spoke about the high value and importance of education, and how technology is that empowering tool that helps realize the former. Google is able to add top quality value to education by creating readily available free applications for use in education all over the world. Times have changed, and Suan does believe, "How we learned is not how our students learn", thus it is important to "Teach with technology, not teach technology". This is in sync with InOpen's Computer Masti ideology based on the TPACK (Technological, Pedagogical, Content Knowledge) model which operates on the FOSS (free and open source software) philosophy, just as Suan encourages Open Technology.
Presenting his talk on Thoughtful Technology, Mr. Rupesh Kumar Shah, CEO and Co-Founder, InOpen Technologies said, "Thanks to Google, technology is changing the way students across the globe learn. However, technology is not the path, it's just the enabler". In his session, he took a step back, while planning ahead in Google style, to speak about the right way to learn Computers or Technology.
According to the Edtech team at Google, 1.5 lakh businesses in India are already using Google Apps and now the focus is to target schools. The Google-EdTech team wants to deploy, integrate and use Google Apps for Education to promote student learning and achievement in both K-12 and higher education.
According to the Google Apps for Education Summit participants, the conference is the "Best professional development" course for them. They learn, they explore new technology and network with educators from around the world.
About InOpen:
InOpen Technologies Pvt. Ltd. is an IIT Bombay based Educational startup. The Company was started in Oct 2009 and has its office in the serene campus of IIT Bombay. It designs, develops world-class educational content and solutions for academia. The solution is designed based on the inputs and extensive validations from academicians in the country and abroad. InOpen offers products and services to government and private schools and meets the requirements of state, national and international boards. InOpen is among the few companies that work full time in-sync with open standard. InOpen envisions itself as developer of Computer learning system by creating quality education standards using Open Standard. InOpen takes pride in their research, the academic team comprising of professors, psychologists and experts in various fields from world-class universities.
To view the photograph, please click on the link given below:
Rupesh Shah (Extreme Left), CEO, Co-Founder - Inopen Technologies, Mr. Suan Yeo (Center- Back Row), APAC Education Lead, Google Enterprise
For picture(s)/data to illustrate this release click below:
http://www.BusinessWireIndia.com/attachments/IMG_1(49).jpg
IMG_1(49).jpg
CONTACT DETAILS
Anushree Mittal, Assistant Manager-Corporate Communications, InOpen, +91 9619903712, anushree@inopen.in
Rushikesh Bade, 20:20 MSL, +91 9833970671, rushikesh.bade@2020msl.com
KEYWORDS
CONSUMER, ENTERTAINMENT, PEOPLE, BUSINESS SERVICES, EDUCATION, IT, TECHNOLOGY
If you wish to change your Business Wire India selection please click on this link http://www.businesswireindia.com/media/news.asp and use your personal username and password to login.
Submit your press release at http://www.businesswireindia.com
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