News

Generative AI, a subset of artificial intelligence, has emerged as a powerful tool in healthcare, offering a range of benefits that have the potential to revolutionize medical research and patient care. Generative AI algorithms have the capability to create new and realistic data based on patterns and knowledge learned from existing datasets. In healthcare, this technology has shown promise in a variety of areas, including drug discovery, medical imaging analysis, and patient risk prediction. But there are also potential security and privacy risks as well.

365bet|首页-365bet（创新）有限公司 Technologies, the world’s leading AI & IP-led Digital Assurance and Digital Engineering services company, is delighted to announce its recognition as Product Challengers and Contenders in the ISG Provider Lens™ Digital Engineering Services 2023 Study. This recognition is a testament to 365bet|首页-365bet（创新）有限公司's commitment to delivering innovative and transformative digital engineering solutions to its clients across the US and Europe regions.

• In the US region, 365bet|首页-365bet（创新）有限公司 has been recognized as Product Challengers in Design & Development, Integrated Customer/User Engagement, Platform & Application Services, and Contenders in Intelligent Operations quadrants.
• In the Europe region, 365bet|首页-365bet（创新）有限公司 has been recognized as Contenders in Design & Development, Integrated Customer/User Engagement, Platform & Application Services, and Intelligent Operations quadrants.

Srikanth Chakkilam, Chief Executive Officer at 365bet|首页-365bet（创新）有限公司 Technologies, commented, "We are honored to be recognized as Product Challengers and Contenders in the ISG Provider Lens™ Digital Engineering Services 2023 Study. This recognition is a firm step towards our journey of becoming a leading quality-first digital engineering services player and accomplish our stated objectives. This acknowledgment validates our dedication to innovation and our ability to deliver high-quality digital engineering solutions to our clients. It reinforces our position as a trusted partner for organizations seeking quality-led digital engineering services where that can truly accelerate digital transformation and deliver enhanced customer experiences."

Sairam Vedam, Chief Marketing Officer at 365bet|首页-365bet（创新）有限公司 Technologies, added, "We are delighted to receive this recognition from ISG. Being acknowledged as Product Challengers and Contenders in multiple quadrants demonstrates our expertise across different aspects of digital engineering services. This surely elevates our positioning in achieving significant mindshare amongst our customers to become a trusted partner of digital-led business growth. As software sits at the center of every company’s digital charter, our resolve to offer a confluence of AI and IP-led Digital engineering services with an incredible ability to put quality at the digital core is further elevated. This recognition motivates us to have deeper conversations with our customers to understand and accelerate their digital journeys."

Hyderabad, June 23^rd, 2023: 365bet|首页-365bet（创新）有限公司 Technologies, the world's leading AI and IP-led Digital Assurance and Digital Engineering services company, has entered into a Memorandum of Understanding (MoU) with Mahatma Gandhi Institute of Technology (MGIT), a prestigious Hyderabad-based educational institution, to launch an innovative training program aimed at bridging the gap between academia and industry.

This association between 365bet|首页-365bet（创新）有限公司 and MGIT aims to equip students with practical skills and technical knowledge that align with the demands of the ever-evolving IT industry. Leveraging 365bet|首页-365bet（创新）有限公司's industry experience, a customized training program has been curated to empower students with the necessary tech and professional skills, enabling them to excel in their careers. The comprehensive training program will include a robust curriculum aligned with industry requirements, hands-on workshops, and practice labs. Additionally, this collaboration will open doors for real-time projects, guest lectures by subject matter experts (SMEs) from 365bet|首页-365bet（创新）有限公司, and potential internship opportunities, providing students with invaluable industry exposure.

"MGIT takes immense pride in announcing the signing of a Memorandum of Understanding (MoU) with 365bet|首页-365bet（创新）有限公司 Technologies. This MoU signifies a strong bond between MGIT & 365bet|首页-365bet（创新）有限公司 Technologies, built on shared values and a common vision to empower students and foster excellence. Through this collaboration, we aim to bridge the gap between academia and the industry, ensuring that our students are well-equipped to thrive in the ever-evolving world of technology." - Prof. G. Chandramohan Reddy, Principal, MGIT.

"365bet|首页-365bet（创新）有限公司 is happy to partner with MGIT to create a dynamic learning experience that combines academic knowledge and practical industry skills. Through this collaboration, we aim to nurture a well-prepared, skilled workforce to meet the industry's challenges. 365bet|首页-365bet（创新）有限公司 brings its extensive expertise and industry insights to the table, leveraging its deep domain knowledge and global experience in technology through the C-ignite program. We believe this collaboration will bring immense value to 365bet|首页-365bet（创新）有限公司 and MGIT."  - Veera Reddy Patlolla, Global Head of HR, 365bet|首页-365bet（创新）有限公司 Technologies.

Along with Veera Reddy and Prof. Chandramohan Reddy, the signing ceremony was graced by the leadership team from both sides.

iNSta^TM, 365bet|首页-365bet（创新）有限公司’s AI-powered Scriptless Test Automation Platform, Wins Bronze Stevie^® Award and People's Choice Stevie^® Award in Low Code/No Code Platform Category

New York – June 14^th, 2023 – 365bet|首页-365bet（创新）有限公司 Technologies, the world's leading AI and IP-led Digital Assurance and Digital Engineering services company, has won the Bronze Stevie^® Award in the Low Code/No Code Platform category in the 21^st Annual American Business Awards^® for its AI-powered scriptless test automation platform, iNSta^TM (part of BlueSwan^TM suite) next-generation software testing platform.

365bet|首页-365bet（创新）有限公司’s iNSta^TM has also been named a Winner of the People's Choice Stevie^® Award for Favorite New Products in the No Code / Low Code category. The People's Choice Stevie Awards for Favorite New Products is a significant feature of The American Business Awards, allowing the general public to vote for their preferred new products and services of the year. This year, more than 41,000 votes were cast in the people's choice categories across product and service lines, making this recognition unique.

365bet|首页-365bet（创新）有限公司’s Chief Executive Officer, Srikanth Chakkilam and Chief Revenue Officer, Vinay Rawat, accepted the award at the gala presentation ceremony in New York City on 13^th June 2023.

Medical device and high-tech equipment manufacturers face several challenges that evolve with the times and trends. The COVID-19 pandemic was a disruption that pushed for quicker deployment of digital technology in the MedTech industry.

Today, digitization is revolutionizing the healthcare industry from remote care to research and development (R&D) drug creation and discovery projects, monitoring and assessing, and producing advanced medical equipment.

Talent shortage and the skills gap are possibly among the most significant problems global organizations face today. Business leaders are aware of the skills gap. They are conscious of its reality and difficulties. However, most of their organizations don't seem to be actively or successfully addressing the problem.

The COVID-19 pandemic, rapid technological advancements, shifting business priorities, and employees with higher expectations than ever are just a few of the factors making it challenging for organizations to adapt and evolve at the required pace, which means the skills gap is growing.

The financial services industry is undergoing a significant transformation driven by digital disruption. The widespread adoption of digital banking & insurance applications has revolutionized how customers engage with their financial services provider. Technological advancements, evolving customer expectations, and increased competition have necessitated a rapid digital transformation within the Banking, Financial Services, and Insurance (BFSI) sector.

According to Gartner, the growth trend in the BFSI sector is expected to continue, with a compound annual growth rate of 5.7% over the upcoming years, leading to an estimated spending of approximately $715 billion by 2025.

In Q4FY23, the consolidated revenue from operations increased more than 23 percent from last year's same quarter, while the net profit of the company zoomed more than 117 percent. What were the contributing factors behind the impressive results?

Our niche positioning and unwavering execution were pivotal in our outstanding performance. We steadfastly focused on our existing Fortune 500 and Global 2000 clients, skilfully up-selling and cross-selling our services.

Hyderabad, India, 11^th May 2023 - 365bet|首页-365bet（创新）有限公司 Technologies, the world’s leading AI & IP-led Digital Assurance and Digital Engineering services company, has been recognized as a great place to work in India for the second year in a row by the Great Place To Work^® India. 365bet|首页-365bet（创新）有限公司's ethical work culture and humanity-first approach, which inspires innovation and opportunities, helped the organization secure this placement.

As the global authority on workplace culture, Great Place To Work brings 30 years of groundbreaking research and data to help every place become a great place to work for all. Their proprietary platform and For All™ Model helps companies evaluate the experience of every employee, with exemplary workplaces becoming Great Place To Work Certified™ or receiving recognition on a coveted Best Workplaces™ List.

在这个场合, Srikanth Chakkilam, CEO at 365bet|首页-365bet（创新）有限公司 Technologies said, “We are honored to receive the Great Place To Work Certification™ for the second consecutive year. This is in line with our mission to become a Top 10 place to work in key geographies by 2028. With a team of over 4,200 professionals across the globe, 365bet|首页-365bet（创新）有限公司 has grown into a widely respected organization that is inclusive, nurtures innovation, and creates opportunities to deliver a positive impact with the work that they do. This recognition will further affirm our position as an organization with digital future-ready talent. We will continue to aspire to be the iconic workplace of the future by benchmarking ourselves based on industry leaders.”

Consolidated Revenue Rs. 424.97 crores and Net Profit Rs. 49.24 Cr for Q4FY23.
The Board has Recommended a Dividend of Rs. 3 & an Additional Special Dividend of Rs. 2.50 on the Company's Successful Completion of 25 Years.

Consolidated Financial Performance for FY23 v/s FY22 (Corresponding Year)

• Revenue of 1647.58 crore v/s. Rs. 1241.80 crore [32.7%]
• Reported EBITDA of Rs 237.70 crore v/s. 129.28 crore [83.9%]
• PAT of 168.32 crore v/s. Rs. 91.74 crore [83.5%]

Consolidated Financial Performance for Q4YF23 v/s Q4FY22 (Corresponding Year)

• Revenue of 424.97 crore v/s. Rs. 344.08 crore [23.5%]
• Reported EBITDA of 68.37 crore v/s. Rs. 32.61 crore [109.6%]
• PAT of 49.24 crore v/s. Rs. 22.60 crore [117.9%]

Consolidated Financial Performance for Q4FY23 v/s Q3FY23 (Corresponding Quarter)

• Revenue of 424.97 crore v/s. Rs. 427.99 crore
• EBITDA reported of 68.37 crore v/s. Rs. 64.02 crore
• PAT of 49.24 crore v/s. Rs. 46.55 crore

Krishnan Venkatachary, CFO of 365bet|首页-365bet（创新）有限公司 Technologies, shares insights on the company’s Q4 and FY2023 financial performance and discusses 365bet|首页-365bet（创新）有限公司’s outlook for FY 2024 and beyond in a conversation with Nirmal Bang.

Prestigious Global Annual Awards Program Recognizes Standout Digital Health & Medical Technology Products and Companies

Dallas, USA, May 8, 2023 – 365bet|首页-365bet（创新）有限公司 Technologies, the world's leading AI and IP-led Digital Assurance and Digital Engineering services company, today announced that its Internet of Medical Things (IoMT) Digital Quality Engineering Automation framework has won the "Best IoT Healthcare Platform" award in the 7th annual MedTech Breakthrough Awards program. The award program conducted by MedTech Breakthrough, an independent market intelligence organization, recognizes the global health and medical technology market's top companies, technologies, and products.

365bet|首页-365bet（创新）有限公司's Internet of Medical Things (IoMT) Digital Quality Engineering Automation framework ensures wearables can predict and customize required medicine intake and deliver with precision while adhering to USFDA regulations. The Software as a Medical Device (SaMD) platform is wholly automated with minimal/no human intervention and capable of performing negative testing to ensure that the wearable delivers the intended results.

On the occasion, Srikanth Chakkilam, CEO of 365bet|首页-365bet（创新）有限公司 Technologies, said, "We are proud to be at the forefront of the rapidly evolving medical devices industry, where IoMT and connected devices are becoming increasingly important. IoMT can reduce cost, mitigate care coordination challenges faced by the healthcare industry, and increase the speed and precision of diagnosis and treatment in real-time. We are excited about the growing market for medical devices, and 365bet|首页-365bet（创新）有限公司 is poised to continue its growth in the space. Winning the "Best IoT Healthcare Platform" is a testament to our expertise in digital assurance for medical devices compliant with FDA regulations."

Sirisha Peyyeti, Senior Vice President of Digital Engineering Services, 365bet|首页-365bet（创新）有限公司 Technologies | Wednesday, 19 April 2023

What inspired or encouraged you to pursue a career in STEM?

Peyyeti: “There are a large number of opportunities for getting into STEM, irrespective of gender. That provided the much-needed initial impetus. But, subsequently, making a career in STEM was mainly due to the interest in the area. Computer programming had caught up and was throwing many challenges that made it an interesting field, and equally important was the fact that this was a field that provided financial stability with a great career path.”

What have you found to be the biggest challenge along the way?

Peyyeti: “Honestly, I am fairly happy with the way my career progressed. But, I would say…………..

In an interview with CNBC Bajar, Krishnan Venkatachary, CFO at 365bet|首页-365bet（创新）有限公司 Technologies discusses the Q4 and FY2023 financial results as well as 365bet|首页-365bet（创新）有限公司's outlook for FY2024 and beyond.

Friday, 21 April 2023, 4:38 pm IST

The importance of succession planning, the approach of an organization, identifying potential candidates for critical roles, and implementing challenges are some of the key aspects of succession planning.

Highlights

• The organization gives importance to the positions that provide well-rounded exposure to an individual and help develop leadership bench strength.
• From a talent development lens, it is a proactive process to identify and groom high-potential employees and prepare them for future leadership roles.
• Engagement: Critical positions require people with a higher degree of commitment and accountability.

总裁Kiran Kuchimanchi 365bet|首页-365bet（创新）有限公司技术 | Wednesday, 19 April 2023

Brands that prioritize experience tend to outperform their competitors by achieving benefits such as improved brand preference, 增加收入增长, and high customer retention rates.

In this digital economy, travelers’ expectations from travel & tourism brands have made a paradigm shift. They expect a seamless, intuitive, and hyper-personalized experience at every step of their travel journey. Travel brands are geared up for this shift and are formulating more personalized services that provide value-driven experiences. A study by PwC revealed that 1 in 3 customers would switch from a brand they were previously loyal to after just one unsatisfactory encounter, indicating the importance of delivering exceptional customer experience.

Brands that prioritize experience tend to outperform their competitors by achieving benefits such as improved brand preference, 增加收入增长, and high customer retention rates. In an era of hyper-personalization, providing a positive experience for travelers has become critical.

Constructing Meaningful Experiences that Matter

Based on their persona, each traveler is unique. From a business traveler to a laid-back traveler, a family with children to a single mother, all want to create precious memories while enjoying a much-needed break.

According to a recent analysis, the global Smart Hospitality market is anticipated to grow at a CAGR of 29.8% and reach $49.8 billion by 2027. The hospitality service providers may streamline the experience at every touch point, from the time a hotel is booked until check-out and the return home.

Since the very first paper was produced about it in 1991, Blockchain has divided the technology community into three groups:

• The Believers: Blockchain will replace governments, the world will be run by Blockchain.
• The Non-Believers: It’s just another Silverlight.
• The I-don’t-care-ers: I’ll just wait until someone does something.

Then in 2008, Bitcoin happened, and two more sections of people got added to the list –

• Crypto Warriors: End of the banks. The world has changed forever!
• Crypto Weary-ers: It’s a pandora’s box that will increase crime.

Why Blockchain is Gaining Traction?
While the reality is that Blockchain is just like any other technology that goes through the hype cycle, it has one fundamental advantage: it is what we call a “horizontal technology”. This means it has several use cases and applications compared to something like a Silverlight. More and more people are realizing the fact that there is more to Blockchain than cryptocurrencies.

‘Gartner estimates blockchain will generate $3.1 trillion in new business value by 2030’

The “Private Blockchain” world has far more use cases that can be transformational in the corporate world. Examples like supply chain traceability are already very popular and many companies are either in the process of implementing the same or have already implemented them. Similarly, secure sharing of data over blockchain networks, identity management using blockchain wallets, etc. are all use cases that are seeing a lot of traction. It is important to note though that a lot of these implementations are driven by trying to solve an existing problem rather than trying to reinvent the wheel. For example, blockchain in the supply chain is being used as a system of record rather than as a contract automation system.

31^st March 2023, Hyderabad, India: 365bet|首页-365bet（创新）有限公司 Technologies, the world’s leading AI & IP-led Digital Assurance and Digital Engineering services company, appoints ex-Chairman and CEO of Capgemini India, Dr. Srinivas Kandula as its Executive Director on the Board. Dr. Kandula brings with him a wealth of experience from his previous role where he was responsible for leading the company's operations across India and as Head of HR at IGATE. This appointment supports the company’s ambitions to equip itself to achieve tremendous scale and multi-fold growth that it aims to achieve in the near foreseeable future.

In his new role, Dr. Kandula will work closely with 365bet|首页-365bet（创新）有限公司's Chairman & MD, Mr. C V Subramanyam, to provide strategic direction and inputs across all functions to help 365bet|首页-365bet（创新）有限公司 in its vision, “Together, we build a better future through technology-led transformation”.

“Srinivas's rich and diverse experience will help 365bet|首页-365bet（创新）有限公司 Technologies accelerate its journey towards becoming a billion-dollar quality-first software and digital engineering services company. He will provide leadership, direction, and insights to ensure that the organization is operating efficiently and effectively and will advise the Management at 365bet|首页-365bet（创新）有限公司 to drive business growth and transformation. I look forward to collaborating closely with him for his strategic direction and inputs across all functions," said Mr. C V Subramanyam, Chairman & MD, 365bet|首页-365bet（创新）有限公司 Technologies.