Business Intelligence Software for Retail Reduces Shrink

Retailers, like most businesses, are attempting to do more with less in an effort to increase competitiveness and profitability. Hardest hit have been corporate support organizations (Target and Best Buy are recent high-profile examples) where corporate loss prevention personnel who specialize in identifying and investigating corporate shrink typically reside. These developments, combined with growing shrink…

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Machine Learning Algorithms Improve CNP Fraud Detection by 30%

Silicon Valley analytic software firm FICO’s new Falcon consortium models for payment card fraud detection include machine learning innovations that improve card-not-present (CNP) fraud detection by 30% without increasing the false positive rate, a standard metric for fraud model performance. These new Falcon consortium models for both credit and debit cards will be available first…

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Rajkot Smart City & Surveillance

Honeywell, a global leading company in Connected Buildings, announced its project with Rajkot Municipal Corporation and Rajkot Police to implement a smart city command-and-control center along with a citywide surveillance system. The project for Gujarat’s fourth-largest city includes more than 450 integrated closed-circuit televisions (CCTVs) and Wi-Fi at 13 key public places, supported by software…

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Coca-Cola Trusts Matrix

Coca-Cola’s manufacturing units in Kudus and Pirangut were looking for biometric solutions to secure their premises. They required individual servers at both locations. Their prime requirement was to restrict unauthorized user entry into the secured area. They also required user events for both the locations separately. As locations didn’t have many power supply ports, providing…

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Synology Partners with Supertron

Synology® has recently announced the partnership with Supertron Electronics, one of the leading distributors specializing in Enterprise IT facilities in India. With this association, Supertron Electronics will deliver Synology solutions to businesses of any size in need of advanced storage and networking services. “We’re excited to take this step forward into the Indian market,” said…

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Schneider Electric Recognised as ‘Employer with Best Health and Wellness Initiative’

Schneider Electric, the global specialist in energy management and automation, has been honoured with the prestigious SHRM India HR Excellence Award 2017 in the category of ‘Employer with Best Health and Wellness Initiative.’ The award was presented at SHRM India’s Annual Conference recently held at New Delhi, and was received by Rachna Mukherjee, CHRO, Schneider…

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