Category: Technology

  • Computer hardware company ProLab Design launches with an array of products

    Computer hardware company ProLab Design launches with an array of products

    MUMBAI: India’s Acro Engineering will nationally distribute the products of the newly launched professional computer hardware company ProLab Design. The company aims to provide the ultimate price to performance ratio for products like cabinets (Mid-tower, full-tower, super-tower, rackmounts, workstation cases and more), cooler (AIO coolers and air coolers for HEDT CPUs), PSUs (ATX 3.1, PCIe 5.1 compliant, 80+ gold or platinum and cybernetics certified) and in future professional esports grade peripherals and more.

    The brand is built by a community of professionals from various domains, including content creators (videographers, photographers, editors, and composers), developers, AI, data science, medical, and science. They noticed a paradigm shift in the PC hardware market, observing how the demand moved away from flashy gaming PCs towards purpose-built systems designed to maximise hardware performance. ProLab Design has been built from the ground up to meet these specific hardware requirements.

    With the Nvidia Blackwell Generation upon us, the first category that the brand is launching is PSUs. With the ATX 3.1 and PCIe 5.1 certified 12v 2×6 connector, the brand’s XPower lineup of PSUs eliminates the  user errors that plagued the 40 Series Cards and early adaptors of ATX 3.0 standards.

    The next category of products that the company plans to launch is its AI lineup of cabinets, which cater to a wide range of needs, from mid-tower to full-tower and super-tower models, making them ideal for workstations, home and business servers, multi-GPU servers and workstations, DIY NAS setups, and gaming PCs. Followed by this category is the brand’s AI lineup of all-in-one liquid coolers.

    “Our future plan is to expand ProLab Design into a full-blown computer accessories and peripherals  brand, and with our tagline Precision Redefined, our sole focus will be on performance, without any compromise to the product quality,” said a representative from the company.

    The products will be initially available via e-commerce and with ProLab’s system integrator partners across India, before they are rolled into the mass computer market.

  • Zensar Technologies reshuffles senior management in Europe & Africa

    Zensar Technologies reshuffles senior management in Europe & Africa

    MUMBAI: RPG group information tech and AI services/solutions firm, Zensar Technoloiges, has appointed two senior executives to head its operations in Africa and Europe. Kaushik Chatterjee becomes senior vice-president and head of Africa, while Anshul Srivastav takes the role of senior vice-president and head of Europe. Both appointments take effect from 1 April. Srivastav hitherto had just the sales portfolio under his belt, while Chatterjee was the global delivery head BFSI, healthcare and life sciences.

    Chatterjee brings 26 years’ experience in IT services, spanning business applications and infrastructure. His expertise lies in banking, financial services, insurance, and healthcare. Before joining Zensar, he held leadership positions at Cognizant and Citibank. Chatterjee holds a bachelor’s degree in electronics and electrical engineering, and an MBA from the Indian Institute of Management Calcutta.

    Srivastav, who joined Zensar in 2015, has worked across Europe, Asia and America over his two-decade career. His previous role was at Infosys’s financial-services division. With experience in banking, insurance, consumer services and retail, he specialises in business transformation and domain consulting. Srivastav studied electronics and communication at the National Institute of Technology Jaipur before earning his management degree from the Indian Institute of Management Ahmedabad.

  • “Welcome Mota Bhai, ab ayega maza” – CloudTV embraces JioTele OS in India

    “Welcome Mota Bhai, ab ayega maza” – CloudTV embraces JioTele OS in India

    MUMBAI: India’s Smart TV market just got more interesting. CloudTV, the country’s first certified Smart TV OS provider, has welcomed JioTele OS to the landscape with flair. Developed by Mumbai-based CloudWalker Streaming Technologies, CloudTV has built a strong foothold with 12+ million users, 250+ Smart TV brands, 100+ app partners, 200+ content partners, and 25+ manufacturing partners across India.

    In a statement filled with both excitement and confidence, CloudTV COO & co-founder Abhijeet Rajpurohit shared his thoughts via Linkedin on this latest industry shake-up. “We look at this as a market opening opportunity (Jio effect). The Smart TV market in India will expand, and the dependency on set-top box hardware to deliver operator services will shrink further,” he noted.

    CloudTV sees itself as a pioneer of the Independent OS Era, a space where operating systems stand on their own without being tied to proprietary content apps. “CloudTV is probably the only OS in India without its own content app, and we will continue to serve our goal—bridging the gap between consumers and content discovery without any discrimination,” Rajpurohit added.

    In a world where foreign tech giants often dominate the conversation, CloudTV takes pride in its homegrown roots. “I’m glad it’s an Indian company and not another foreign player doing a favour to Indian brands,” Rajpurohit remarked.

    With JioTele OS entering the space, the Indian Smart TV industry is poised for rapid transformation. Experts predict that competition will drive innovation, leading to better features, improved user experiences, and greater accessibility for consumers.

    CloudTV’s warm reception of JioTele OS signals a more collaborative and growth-oriented approach rather than a turf war. For consumers, this means a broader choice of Smart TV experiences, enhanced content discovery, and fewer restrictions when it comes to accessing digital entertainment.

    With 200+ TV brands already powered by CloudTV and a growing ecosystem of OTT and FAST (Free Ad-Supported TV) services, the platform is already making waves in the industry.

    As CloudTV playfully put it: “Welcome Mota Bhai, ab ayega maza.” The future of India’s Smart TV market just got a whole lot more exciting.

  • Arri appoints industry veteran Chris Richter as managing director

    Arri appoints industry veteran Chris Richter as managing director

    MUMBAI: Cinema tech and video filming equipment leader Arri  has appointed Chris Richter as its new managing director, effective February 2025. Richter brings nearly three decades of experience in the motion picture industry to the Munich-based company.
    The appointment follows Richter’s swift ascent through Arri’s executive ranks, having served most recently as senior vice president of sales & rental for the Arri group.  He joined the company in 2017, initially establishing and managing its global certified pre-owned programme before taking charge of sales across the EMEAI region (Europe, Middle East, Africa, and India).
    Prior to joining Arri, Richter spent over two decades at Eastman Kodak, where he held the position of vice-president motion picture and entertainment, directing sales and marketing efforts across the EMEA and Asia Pacific regions. His tenure at Kodak included strategic postings in the United Kingdom, United Arab Emirates, South Africa, and Bulgaria.
    Throughout his career, Richter has demonstrated particular expertise in sales strategy, new business development, and team leadership. At Arri, he played a pivotal role in expanding the company’s high-end camera systems and lighting solutions business, managing multinational teams across diverse geographical territories.
    “I’m humbled and honoured to start this new position as managing director at Arri,” Richter said of his appointment. 
    His elevation to the top role comes at a time when the century-old company continues to innovate in professional camera and lighting technology for the global film industry.

     

  • Onetab.ai secures $3.3 million to launch Oneask, AI-powered SDLC game-changer

    Onetab.ai secures $3.3 million to launch Oneask, AI-powered SDLC game-changer

    MUMBAI: Onetab.ai has locked in $3.3 million in seed funding, giving its AI-powered software development platform, ‘Oneask’, the boost it needs to shake up the industry. The funding will supercharge platform enhancements, team expansion, and scaling operations to meet skyrocketing global demand.

    Positioned as the world’s first AI agent to oversee the entire software development life cycle (SDLC), Oneask  promises to redefine how software is built, deployed, and maintained. Think of it as an intelligent, all-seeing project manager that never sleeps, never complains, and never misses a deadline.

    Backing this vision are a diverse set of investors, including a leading Singapore-based Family Office, SOSV, Orbit, Lit Fund, Sunil Kumar Singhvi, and founders. This strong investor confidence signals a major industry shift towards AI-driven software development.

    Software development can feel like herding cats—multiple tools, fragmented workflows, and endless back-and-forth. Onetab.ai is solving this by integrating every phase of SDLC, from ideation to post-deployment analytics, into one intelligent system. Developers, project managers, and enterprises can now work smarter and faster without the usual chaos.

    Onetab.ai founder Saket Dandotia emphasised, “Building an AI agent that seamlessly addresses the entire SDLC workflow has been a long-term vision for us. With Onetab’s AI agent – Oneask, we have created an intelligent solution that not only simplifies processes but also drives innovation by enabling teams to focus on what truly matters—building exceptional software.”

    “Our goal is to simplify the complexities of software development. Oneask Agent is not just another tool; it’s an intelligent partner that supports teams at every step, driving productivity and reducing time-to-market,” he added.

    Leveraging open-source large language models (LLMs), Oneask offers an AI-powered application layer designed to automate manual tasks, enhance collaboration, and improve decision-making at every stage of the software development process. Key features include:

    ●    Integrated communication & project management: Real-time collaboration tools keep teams in sync.

    ●    Intelligent coding assistance: Automated code generation and debugging powered by advanced AI.

    ●    Quality assurance & testing: AI-driven testing processes for faster issue resolution.

    ●    Deployment & post-deployment analytics: Smarter deployment strategies and actionable insights for continuous improvement.

    Since its launch, Onetab.ai has already been embraced by over 15 organisations, with more signing up each month. Early adopters report major efficiency gains and cost savings—proof that AI-driven SDLC solutions are more than just hype.

    As Oneask continues to scale, the future of software development looks increasingly intelligent, seamless, and—dare we say it—stress-free. Is the era of frustrating, disjointed development cycles coming to an end? If Oneask has anything to do with it, the answer is a resounding yes.

  • Truecaller’s Q4 sales jump 23 per cent, India leads with SEK 371.9 million

    Truecaller’s Q4 sales jump 23 per cent, India leads with SEK 371.9 million

    MUMBAI: Truecaller has delivered another year of solid revenue growth and increased user engagement, but the financial results for Q4 and FY2024 also highlight key challenges, including margin compression, rising costs, and a more competitive advertising landscape. The Swedish tech firm’s continued expansion into business solutions, premium subscriptions, and its core advertising business reflects a strategic focus on diversified revenue streams.

    Truecaller closed Q4 2024 with a 23 per cent year-over-year (YoY) increase in net sales, reaching SEK 522.8 million compared to SEK 424.7 million in Q4 2023. The company reported an EBITDA of SEK 201.1 million, up 19 per cent, but its EBITDA margin dipped slightly to 38.5 per cent from 39.7 per cent. Profit after tax stood at SEK 150.4 million, reflecting a 29 per cent YoY increase. Basic earnings per share (EPS) rose to SEK 0.44 from SEK 0.33, highlighting strong per-share earnings growth.

    Regionally, India remained the company’s largest market, contributing SEK 371.9 million in Q4 sales, an increase of 20 per cent YoY. Meanwhile, the middle east & Africa (MEA) grew by an impressive 43 per cent to SEK 76.0 million, and the rest of the world (RoW) segment climbed 24 per cent to SEK 74.9 million. This broad-based growth underscores Truecaller’s ability to scale its services across diverse geographies.

    Full-year 2024 performance

    For FY2024, Truecaller’s net sales increased eight per cent to SEK 1,863.2 million, compared to SEK 1,728.9 million in 2023. However, EBITDA declined to SEK 684.2 million from SEK 702.9 million, reflecting a lower 36.7 per cent EBITDA margin, compared to 40.7 per cent in 2023. Profit after tax fell slightly to SEK 524.3 million from SEK 536.3 million, indicating pressure on the bottom line despite strong topline growth.

    Geographically, Truecaller’s India segment delivered SEK 1,350.0 million in sales, marking a three per cent YoY growth, while the middle east & Africa segment surged 22 per cent to SEK 254.3 million, and the rest of the world segment expanded 23 per cent to SEK 258.9 million.

    Segment-wise performance

    1.    Advertising revenue:

    ●        Truecaller’s ad revenues in Q4 grew 17 per cent to SEK 372.0 million, but ad CPMs declined by approximately 25 per cent, particularly in India.

    ●        Total ad impressions surged 57 per cent YoY, indicating higher engagement and monetisation improvements.

    ●        MEA led ad revenue growth, while India saw a softer uptick due to increased ad supply.

    2.    Premium subscription revenue:

    ●        Q4 subscription revenue jumped 39 per cent YoY to SEK 77.7 million.

    ●        The number of premium subscribers increased to 2.58 million, a 22 per cent YoY rise.

    ●        Premium revenue saw the highest growth in the Rest of the World segment, reflecting strong international adoption.

    3.    Truecaller for Business (TfB):

    ●        Q4 TfB revenue soared 45 per cent YoY to SEK 71.9 million.

    ●        The Verified Business (VB) platform grew its annual recurring revenue (ARR) by over 50 per cent to SEK 234 million.

    ●        Business Messaging volumes increased 80 per cent YoY, with 4.9 billion messages sent.

    Profitability & cost trends

    ●    Gross profit rose 25 per cent to SEK 403.0 million in Q4, with a gross margin of 77.1 per cent.

    ●    Staff costs increased to SEK 120.2 million in Q4, driven by higher share-based compensation and new hiring.

    ●    Marketing and growth investments intensified, leading to increased customer acquisition costs, particularly in key international markets.

    ●    Truecaller repurchased 0.6 million B-shares as part of its ongoing share buyback program.

    Key Developments in FY2024

    ●    Truecaller appointed Rishit Jhunjhunwala as its new CEO in January 2025, signaling a leadership transition aimed at accelerating growth.

    ●    The company launched its biggest-ever iPhone update, closing the gap between Android and iOS user experiences.

    ●    Expansion into AI-powered fraud detection and business messaging presents a significant long-term revenue opportunity.

    ●    Truecaller remains focused on enhancing user engagement, monetisation, and premium subscription adoption.

    Commenting on Truecaller’s long-term vision, CEO Rishit Jhunjhunwala stated, “Our conviction is that Truecaller has a much larger role to play in the growing field of mobile communication, including safeguarding people and businesses from the globally growing threat of digital scams and fraud.”

    Truecaller has demonstrated impressive revenue expansion and user growth, particularly in emerging markets. However, margin compression, rising operating costs, and a shifting ad landscape present challenges. While premium subscriptions and business solutions provide promising diversification, Truecaller will need to balance growth with profitability in the coming quarters. 

  • Reliance Jio launches smart TV OS  for Indian market

    Reliance Jio launches smart TV OS for Indian market

    MUMBAI: Three days from today and a whole new bunch of TV sets with a new type of operating system are slated to launch. Reliance Jio, the technology arm of Indian conglomerate Reliance Industries, has unveiled JioTele OS, a new operating system for affordable smart televisions, which will hit stores on 21 February.

    The platform, designed specifically for Indian viewers, will debut through partnerships with television manufacturers Thomson, Kodak, BPL and JVC. Jio says the system will offer artificial intelligence-powered content recommendations and support multiple Indian languages.

    The company’s president of technology claims the platform will deliver lag-free 4K streaming and seamless integration of television channels, streaming apps and cloud gaming services. A unified remote control will manage all content sources.

    This launch follows Jio’s recent merger of JioCinema with Disney+ Hotstar to create JioHotstar, expanding its streaming content library. The platform is expected to integrate JioGamesCloud, allowing users to access high-end games without requiring powerful hardware.

    The announcement comes amid growing demand for connected television services in India, with approximately 35 million households currently using smart TVs. Jio plans to roll out regular software updates to maintain compatibility with new apps and enhance security features.

    Additional television manufacturers are expected to adopt the platform later in 2025, though specific pricing details remain under wraps until the official launch next week.

  • “Data orchestration is the priority for many customers, but AI-driven pipelines are rapidly becoming a competitive advantage” – Dell Technologies’ Alex Timbs

    “Data orchestration is the priority for many customers, but AI-driven pipelines are rapidly becoming a competitive advantage” – Dell Technologies’ Alex Timbs

    Alex Timbs is not your regular business executive from Dell Technologies. The Ozzie Brisbane-based gent  takes a keen interest in everything right from sport to tech when he is not in his day job at Dell Technologies as a media industry expert.

    He likes to tinker around with almost every new tech that comes up, apart from having a creative bent of mind. He spent a good decade and a half at an animation studio working on some of the well-known animation and VFX franchises like Matrix and HappyFeet before switching to the vendor side at Dell. 

    Because of his understanding of both sides of the coin, Alex’s clients more often than not call on him to help him find some workflow solutions and not just about storage which he is an expert in. A courtesy he extends every time. And these are relationships which have seen emerge as amongst the top executives in the storage vertical at Dell.

    Indiantelevision.com’s founder, chairman and editor in chief Anil Wanvari got in touch with the affable gentlemen over several zoom calls to distil down whatever he had to say about the the transformative impact of AI on content creation and the evolving landscape of media storage solutions. Excerpts from the various conversations with Alex. This one is only part one of the interview; the second part will follow mid-this week.  

    On what were the workflows for animation and post-prod when he started out.

    I spent nearly 16 years at Animal Logic, and the transformation I witnessed was remarkable. . I vividly remember my early days at Animal Logic, where we were working on Matrix 2 using film scanners. The workflow seems almost archaic now – we’d send work out for overnight printing. Even during Happy Feet, our dailies process involved sending work out to be printed overnight. The next morning, everyone would gather in the theatre to review footage on actual film, Our technology backbone consisted of SGI boxes, with one particular suite costing around 1.5 million Australian dollars. Individual machines were running between 30,000 to 50,000 dollars each.
    Then came this revolutionary shift towards personal computers. It was transformative – suddenly we had access to incredibly powerful technology for just 5,000 to 10,000 dollars. This technological deflation has continued throughout my career and is accelerating with AI and generative technologies. Each year, we see the capability-to-cost ratio improving exponentially. What’s fascinating is how this democratisation of technology has fundamentally changed the way we approach content creation.

    This technological deflation has continued throughout my career and is accelerating with AI and generative AI. It’s been fascinating to watch this snowball effect, enabling us to do exponentially more with less.

    On his transition from a major animation studio to Dell Technologies

    I’ll be completely honest – I was incredibly skeptical about joining what I perceived as a sales company. I didn’t think I’d last more than 12 months, assuming I’d be bored out of my mind. But here I am, over five years later, and it’s been an extraordinary journey. Dell has a massive media and entertainment focus that many people don’t realize. We have a team of subject matter experts from various backgrounds – broadcasters, film studios, game studios – with over 100 years of combined industry experience.
    I actually had a relationship with Dell’s technology before joining them. Back in 2006-2007, I purchased an Isilon system (now PowerScale) to replace 14 individual storage silos. We went from needing two people working shifts to manage data movement to requiring just a quarter of one person’s time. That experience showed me the real impact technology could have on production workflows.

    On the major challenges media companies are facing today
    The biggest challenge we’re seeing is data management – and it’s not what people might expect. When we go to major trade shows, everyone assumes AI will dominate the conversation. But in reality, most customers want to discuss data orchestration. They’re grappling with questions like: How do I support globally distributed workflows? How do I enable freelance artists working from home? How do I manage this tsunami of data being created by automation and new tools?
    Many media companies are dealing with hundreds of millions, if not billions of files. They need help regaining control of their data. This includes automated solutions for deprecating or deleting data efficiently. It’s becoming a critical issue, especially as generative AI tools create even more data at an exponential rate.
    All of this is happening against a backdrop of global economic uncertainty. Companies are making more utilitarian decisions, seeking certainty in their investments. They want to know exactly what return they’ll get, whether that’s efficiency gains or cost control. Agility is also crucial – the ability to shift where data lives and how it’s accessed has become fundamental to modern workflows.

    Alex TimbsOn how  companies are  implementing AI in their production pipelines
    We’re seeing AI adoption across every scale of production. Whether it’s an individual working from home or a team of 1,000 artists, most customers are starting their AI journey. They’re gravitating towards validated solutions and partners who understand the unique infrastructure needs of this technology.
    The fascinating thing about generative AI in media production is its diverse application. While it doesn’t handle true 3D environments well yet – it’s more ‘2.5D’ with depth mapping – we’re seeing it used for face replacement, frame blending, character development, and environmental creation. But the implementation varies significantly, what we call the ‘T-shirt size’ approach.
    “A small ‘T-shirt size’ might be an individual or small workgroup doing exploratory work using local SSD storage. As projects evolve and more people start collaborating, you need shared flash storage – even for small teams of 30-40 people working with just 30 terabytes of data. The largest enterprises might invest in Nvidia superpods or specialized AI servers with large VRAM-capable GPUs for distributed AI use cases.”

    On his perspective on cloud storage in media production
    We’re seeing a significant shift in cloud strategy. The future is definitely hybrid, but cloud-first isn’t the right approach for many customers. In fact, we’re seeing considerable repatriation from the cloud. The reality is that sustained workloads in the cloud can be very expensive.
    That said, certain workflows make perfect sense in the cloud. Broadcasters who need to scale dynamically for specific events and then scale down – it would be foolish to buy infrastructure that sits idle most of the time. But there’s been a recent rationalization of strategy. Customers are becoming more sophisticated in their understanding of when cloud makes sense and when it doesn’t.

    On his perspective on the key trends in media technology that one should keep an eye on. 
    The industry is at a fascinating inflection point. We’re seeing the convergence of real-time workflows, often driven by game engines, with AI tools. This combination is radically speeding up the creation process. At the same time, there’s a growing focus on operational efficiency – automating repetitive tasks, improving asset management, and making more informed decisions about data lifecycle.
    The key is finding the right balance between innovation and practicality. Success isn’t about rushing to adopt every new technology; it’s about understanding your specific needs and implementing solutions that deliver measurable value while protecting your creative assets and IP.
     

  • Seagate to acquire Intevac in £119m deal

    Seagate to acquire Intevac in £119m deal

    MUMBAI: Seagate Technology Holdings plc (Nasdaq: STX), a mass-data storage firm, has announced plans to acquire thin-film processing systems supplier Intevac Inc (Nasdaq: IVAC) in an all-cash transaction valued at £119m.

    Under the terms of the agreement, Seagate will pay $4.00 per share, whilst Intevac will distribute a one-time special dividend of $0.052 per share upon closing. The company’s board of directors has also declared a regular quarterly dividend of $0.05 per share, payable on 13 March 2025 to stockholders of record as of 28 February 2025.

    The total consideration of $4.102 per share, including both dividends, represents a 45 per cent premium to Intevac’s closing price of $2.83 on 11 December 2024, and a 21 per cent premium to its closing price of $3.38 on 12 February 2025.

    The transaction will proceed via an all-cash tender offer for all outstanding Intevac shares, subject to a minimum tender condition of 50 per cent plus one share. Two of Intevac’s largest stockholders, Palogic Value Fund LP and Bleichroeder LP, who collectively hold approximately 22 per cent of outstanding shares, have agreed to support the deal.

    Intevac, founded in 1991, is known for its thin-film process technology and manufacturing platforms, particularly serving the hard disk drive industry with its 200 Lean platform. The company has been instrumental in enabling heat-assisted magnetic recording media production.

    The acquisition, expected to close in late March or early April 2025, has received unanimous approval from Intevac’s board of directors. Seagate anticipates the deal will positively impact its non-GAAP earnings per share over the long term.

    Houlihan Lokey is serving as financial adviser to Intevac, with Wilson Sonsini Goodrich & Rosati as legal adviser. Wachtell, Lipton, Rosen & Katz is acting as legal adviser to Seagate.