SAP India Embraces ‘1BLives’ Initiative
SAP SE has pledged an initiative to touch 1 billion lives in the Asia Pacific Japan region by the year 2020. As part of this employee-led, crowdsourced initiative, SAP India has adopted the cause of bettering cancer research in the country. To mark the occasion of completing 20 years in the country, SAP India announced their collaboration with the Ramesh Nimmagadda Cancer Foundation, an NGO focused on cancer data research. RNCF provides its custom made data collection software OncoCollect, to institutions across India and also assists them with resources such as hardware and manpower. “At SAP, everything we do is guided by our vision to help the world run better and improve people’s lives,” said Deb Deep Sengupta, president and MD of SAP Indian Subcontinent. “Together with RNCF, we aim to speed up data collection and analysis for better cancer treatment for patients in India and make a significant social impact in the country.” Additionally, the company announced its commitment and initiatives to drive India’s shift to the Cloud Economy at the recently concluded 2016 SAP Spotlight Tour, a global innovation and technology event. India’s move to a Cloud Economy is inevitable and SAP will play an important role in transitioning the country to a digitally empowered powerhouse. It also announced the launching of SAP Digital Boardroom in India.
NatGeo Announces World Legacy Awards Finalists
The 15 finalists of the National Geographic World Legacy Awards were recently announced. The awards, a partnership between National Geographic and ITB Berlin, showcase the leading travel and tourism companies, organizations and destinations driving the sustainable tourism transformation of the global travel industry. This year's entries represented 45 countries and six continents. Among the finalists, selected in five categories, were ITC Hotels in India in the Earth Changers category, which recognizes cutting-edge leadership in environmentally friendly business practices and green technology. The winners will be announced at the World Legacy Awards ceremony on March 8.
Vensun Pharmaceuticals Completes Series C Funding
Vensun Pharmaceuticals Inc., a privately held generic pharmaceuticals company, completed a $22.5 million Series C preferred financing round. “We are excited to enter the next phase of our growth story. The support and confidence shown by our existing investors and the new Series C investors have positioned us well for continued success. This financing will enable Vensun to transform our development pipeline into approved commercial products and provide us with the flexibility to pursue additional growth opportunities,” said president and CEO Hem Pandya.
TCS NYC Marathon App Wins Gold
Tata Consultancy Services announced that the TCS New York City Marathon App has been named a Gold Winner for the "Consumer App of the Year" in the Best in Biz Awards, the only independent business awards program judged by members of the press and industry analysts. The sixth annual Best in Biz Awards in North America garnered more than 600 entries across an impressive array of public and private companies, off all sizes and across numerous industries and regions in the U.S. and Canada. The 2016 awards were presented in 60 categories, with TCS winning the Gold Award for developing the 2015 TCS New York City Marathon app that was downloaded a record 275,000 times from runners and fans, witnessed a 700 percent increase in popular feature usage from 2014 levels and was ranked as the "Best New App" in the Apple store on race day on Nov. 1, 2015. "TCS is proud of the TCS New York City Marathon and the official race app that set new records in terms of downloads and an overwhelming positive response from users not only in New York, but around the world as they cheered on their runners," said North American, U.K. and Europe president Surya Kant.
U.S., India Announce Cybersecurity Collaboration
Following a successful international cooperation that attracted more than 15,000 students, faculty, professionals and supporters to the world's largest student-run cybersecurity games, the New York University Tandon School of Engineering and IIT Kanpur have signed a seven-year agreement to deepen their exchange in information security research and academics. The agreement commits NYU Tandon and IIT Kanpur to exchanges that will defend critical infrastructure from cyberattacks and electronic warfare. The agreement calls for cooperative research, teaching projects, faculty and student exchanges, and scholarly seminars and workshops. Starting in 2017, selected teaching and research professors and doctoral and master's degree students will spend a semester or more on the exchange campus. "Both our institutions recognize the urgent need in our technology-driven economies for highly educated experts who will protect our critical infrastructure, businesses, and personal digital information," said Ramesh Karri, professor of electrical engineering at NYU Tandon and co-founder of the NYU Center for Cybersecurity. "Cyber criminals know no boundaries, and we are proud to be taking this important step to broaden the international experience of the next generation of our cyber protectors."
Ford EcoSport SUV to be Imported from India
Ford revealed a new, small addition to its SUV lineup, the EcoSport, and revealed it is going to be made in India and imported into the U.S. The EcoSport — what will become its smallest crossover — will be imported from Chennai, India, when it goes on sale in 2018.
Rolex Names Winners of Global Enterprise Awards
India-based Sonam Wangchuk, 50, was among the group of innovators around the world honored by Rolex with a Global Enterprise Award as a Rolex Laureate in the 40th anniversary of the Rolex Awards. The Rolex Awards are an international philanthropic program that supports new and ongoing projects by individuals taking on major challenges to benefit mankind. Wangchuk is a Ladakhi engineer who is solving the problem of a lack of water for agriculture in the desert landscapes of the western Himalayas by building "ice stupas." Named after Buddhist monuments, these conical ice mounds behave like mini artificial glaciers, slowly releasing water in the growing season. He intends to build up to 20 ice stupas, each 30 meters high and capable of supplying millions of liters of water. A long-term aim is to build an alternative university and engage youth in the environment.