In Brief: Subex, RAG to provide blockchain-based fraud management solution; Intel launches cryogenic SoC

In Brief: Subex, RAG to provide blockchain-based fraud management solution; Intel launches cryogenic SoC
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10 Dec, 2019

Bengaluru-based telecom analytics firm Subex has entered into a partnership with the Risk & Assurance Group (RAG) to offer a blockchain-based fraud management solution to its customers. Under the partnership, Subex will become a part of the RAG Wangiri Blockchain Consortium which uses blockchain technology to gather real-time industry threat intelligence about fraudsters, the companies said in a joint statement. The consortium includes communications service providers (CSPs) from North America, Europe, Africa and Asia.

Blockchain technology is expected to generate $3.1 trillion new business value by 2030, according to a research firm Gartner. Subex had earlier said that Cyber attacks in India have increased 26% over the past few months. Blockchain technology is seen as a solution against cyberattacks as it helps keeps data private and secure.  Information technology services firm Tech Mahindra recently partnered with Netherlands-based Quantoz, a blockchain-based solution provider to offer blockchain-as-a-service for secure digital payments, in October.

Also Read: Avast CEO Ondrej Vlcek on delivering people-centric security in the era of smart devices

QAD partners with Devoir Software Solutions in India

Software company QAD has inked a deal with Chennai-based Devoir Software Solutions to make Devoir its official channel partner in India. The deal will give Devoir the ability to sell QAD solutions directly to manufacturers in India, the companies said in a joint statement. QAD has used Devoir teams since 2016 and has worked on a number of projects and functions including pre-sales, marketing, consulting, end-to-end implementation, cloud hosting, management and customisations. QAD is known for its cloud-based enterprise software and services. 

Over 80% of respondents believe that CDOs have made significant progress towards digital transformation: Mindtree 

Chief digital officers have been effective in leading many business-driving digital initiatives like giving customers seamless digital experiences (27%) and creating new business models (20%), according to a report by Bengaluru headquartered IT services firm Mindtree. The company surveyed 323 global business and IT professionals in the US and UK who work under a CDO, according to a statement. About 74% of respondents state that their organisation’s CDO has clearly defined responsibilities and 81% agree that these responsibilities are differentiated enough that a dedicated CDO position is needed. The survey revealed that the main skills of CDO include a deep understanding of technology (61%) and the ability to execute digital strategies (53%). CDOs claim that that collaboration and hiring top talents are the keys to success, the statement added.

Intel rolls out Horse Ridge to enable commercially viable quantum computers

Semiconductor giant Intel Corp has unveiled first-of-its-kind cryogenic control chip Horse Ridge, which will speed up the development of full-stack quantum computing systems. The new chip is a highly integrated, mixed-signal SoC that brings the qubit controls into the quantum refrigerator. It effectively reduces the complexity of quantum control engineering from hundreds of cables running into and out of a refrigerator to a single, unified package operating near the quantum device. Horse Ridge will enable control of multiple quantum bits (qubits) and set a clear path toward scaling larger systems, Intel said in a statement. The chip was developed together with Intel’s research collaborators at QuTech, a partnership between TU Delft and TNO (Netherlands Organization for Applied Scientific Research).

Ed-tech startup Lido Learning ropes in Nishu Goyal as its CTO

Mumbai headquartered ed-tech startup Lido Learning has appointed Nishu Goyal as its chief technology officer (CTO). He will be based in the company’s Mumbai office. In the new role, Goyal will be responsible for evolving Lido’s technology strategy and driving product innovation, Lido said in a statement. Prior to Lido, he served as CTO for online healthcare start-up PharmEasy. Goyal is an alumnus of the Indian Institute of Technology (IIT)Madras.