News & Features

Infosys releases test asset repository to fuel automation

Infosys, a global provider of consulting and technology services, has announced the launch of its Business Assurance Store, a knowledge-based solution with a repository of more than one million test assets across various industry domains, technologies, products and packages. The solution has been built to enable clients across industry domains, including financial services, to enhance »

M&G Prudential partners with TCS to digitally transform its customer service

M&G Prudential, the UK and European savings and investments business of Prudential plc, has announced a new agreement with Tata Consultancy Services (TCS), a global specialist in IT, business process and digital services, to digitally transform their business and deliver enhanced service for its UK savings and retirement customers. The value of the agreement exceeds »

Banks shift priorities toward growth, digitisation and innovation to strengthen competitive positioning

85% percent of banks cite implementation of a digital transformation programme as a business priority for 2018, according to the EY Global Banking Outlook 2018. Investment in technology to drive efficiency, manage evolving risks and benefit from growth opportunities is seen by banks as critical for sustainable success. EY, a global specialist in assurance, tax, »

Tech Mahindra launches programme to power start-ups in Israel

Tech Mahindra, a specialist in digital transformation, has announced the launch of its Tech Mahindra NxT programme in Israel. The centre of the Tech Mahindra NxT programme will be Israel’s financial and technological hub Tel Aviv. The programme, which will begin in February 2018, will engage with Israeli start-ups and will focus on creating collaborative »

Synopsys forms Technical Advisory Board for Software Integrity Group

Synopsys, the California-based specialist in automated software security testing, has announced the formation of a Technical Advisory Board (TAB) to guide the technical direction of the Synopsys Software Integrity Group’s security products and services, foster innovation and help ensure long-term business success. The five-member board of experienced software and security executives will cou... »

Digital demand marks strong Q3 for TCS

Tata Consultancy Services (TCS), the global information and consulting company, has released its consolidated financial results as of December 31, 2017. Total revenue stood at $4,787Mn, up 9.1% year-on-year, with digital revenue making up 22.1%, up 39.6%. Rajesh Gopinathan, CEO and Managing Director of TCS, said: “Progressive organisations looking to take advantage of new opportunities »

Crowdfunding platform raising $100 million fund for AI

OurCrowd, a Jerusalem-based crowdfunding investment platform comparable to AngelList, is raising a $100 million fund to finance early-stage companies focusing on artificial intelligence, deep-learning and robotics. Unlilke AngelList, a popular destination for startups seeking capital, OurCrowd acts more like a traditional fund by vetting deals and investing in companies alongside its users. “This ... »

Leading investment firm acquires software company Perforce

Clearlake Capital Group has announced that it has acquired Perforce Software, the Minnesota-based provider of enterprise scale software solutions used by technology developers and DevOps teams, from growth equity investor Summit Partners. Perforce has 3,000 customers worldwide, including insurance group XL Capital and exchange group NYSE Euronext, and offers developer collaboration and agile proje... »

QASymphony reports record year thanks to “exceptional” market demand

QASymphony, the Atlanta-based specialist in software testing solutions, has completed a record 2017 with annual revenue growth up 113%. The company has also grown its customer base by 33%, with financial services making up 20% of new business. Dave Keil, QASymphony CEO, said: “Exceptional market demand from global enterprises led us to significantly exceed our »

Machine learning consultancy joins Capital One

US financial corporation Capital One has announced that it has acquired Notch, a Virginia-based machine learning consultancy. Notch’s team will join Capital One’s Center for Machine Learning  —  an in-house consultancy created in 2016 to drive the delivery of AI-powered products across the business. Notch was cofounded in 2014 by Paul Hurlocker and David Der »

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