Tech Mahindra to acquire 80% stake in Australian AI firm Geomatic.ai

Tech Mahindra to acquire 80% stake in Australian AI firm Geomatic.ai

Tech Mahindra said that its subsidiary Tech Mahindra (Singapore) has approved its proposal to acquire a stake of 80% in Geomatic.ai from the latter for AUD6 ($4.3) million in cash. Geomatic.ai was incorporated earlier this month in Australia as a next-generation artificial intelligence (AI) firm. The company will focus on digital platforms led non-linear growth, […]

Wipro launches IoT-based sewage monitoring solution – Wipro Sewage Monitor

Wipro launches IoT-based sewage monitoring solution – Wipro Sewage Monitor

Wipro has launched an Internet of Things (IoT) based sewage monitoring solution called Wipro Sewage Monitor to help municipalities keep a watch on their water systems in real time. According to the Indian IT services provider, with climate change causing extreme weather, cities around the world want to upgrade their water and sewage infrastructure to […]

Tech Mahindra acquires work at home CX firm Activus Connect in $62m deal

Tech Mahindra acquires work at home CX firm Activus Connect in $62m deal

Tech Mahindra said that it has acquired Activus Connect, a Florida-based provider of work at home customer experience (CX) management solutions, in a deal worth up to $62 million. The consideration includes earnouts. According to Tech Mahindra, the acquisition of Activus Connect will strengthen its capabilities in emerging workplace solutions and bolster end-to-end CX portfolio. […]

Computer vision and AI company DeepCraft to be acquired by Picsart

Computer vision and AI company DeepCraft to be acquired by Picsart

Picsart, a San Francisco-based digital creation platform, has agreed to acquire DeepCraft, an Armenian computer vision and artificial intelligence (AI) company, for an undisclosed price. According to Picsart, the advancement of the Creator Economy has raised the demand for accessible video editing tools on its platform, with over 100 million videos edited in 2021, which […]

Infosys to drive IT application transformation and development for Proximus

Infosys to drive IT application transformation and development for Proximus

Infosys said that it has extended its strategic partnership with Belgian digital services and communications solutions provider Proximus Group for the digital transformation, development, and maintenance of the latter’s IT applications with artificial intelligence (AI) and automation solutions. The Indian IT services provider said that through the engagement, it will support the important digital initiatives […]

TCS roped in by South32 to boost operational resilience and agility

TCS roped in by South32 to boost operational resilience and agility

Tata Consultancy Services (TCS) has been roped in as a strategic partner by Australian mining and metals company South32 to improve its IT operating model for increased operational resilience and business agility. Under the multi-year managed services partnership, the Indian IT services firm will provide South32 application and infrastructure services that are highly important to […]

HCL Technologies to help Rogers Communications in operational stability

HCL Technologies to help Rogers Communications in operational stability

HCL Technologies said that it has been selected by Canadian telecommunications company Rogers Communications for expanding support of operational stability excellence in business as well as operational support systems and corporate IT systems. The Indian IT services provider said that the new multi-year agreement consolidates its managed services partnership with Rogers Communications that started in […]

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