IBM acquires Bengaluru SaaS firm Prescinto for renewables business

IBM acquires Bengaluru SaaS firm Prescinto for renewables business

Global software maker IBM has announced the acquisition of Bengaluru-based Prescinto Technologies (Prescinto), a solar monitoring and analytics platform that provides asset performance management (APM) software-as-a-service (SaaS) for… Article Source https://m.economictimes.com/tech/technology/ibm-acquires-bengaluru-saas-firm-prescinto-for-renewables-business/articleshow/114240839.cms

HCLTech purchases CTG from Hewlett Packard for $225 million | Bengaluru News – Times of India

HCLTech purchases CTG from Hewlett Packard for 5 million | Bengaluru News – Times of India

In a recent development, HCL Technologies has acquired Communications Technology Group (CTG), a division of Hewlett Packard Enterprise (HPE), for 225 million dollars. This strategic move aims to enhance HCLTech’s presence in the telecommunications sector by acquiring talent in intellectual property, engineering, research and development, and relationships with prominent communication service providers (CSPs). As part … Read more

Ola transfers workloads to Krutrim and leaves Microsoft Azure platform, reports Bengaluru News from Times of India.

Ola transfers workloads to Krutrim and leaves Microsoft Azure platform, reports Bengaluru News from Times of India.

The founder and CEO of Krutrim, Bhavish Aggarwal, announced that the company has successfully migrated its entire workload to its own cloud platform, Krutrim, within a week, thereby leaving Microsoft’s Azure. Aggarwal took to social media to share the news, stating that the company has achieved its goal of zero expenditure on Azure and that … Read more