Category: National

Demonstrates its premium line of Pro AV switches with seamless integration in high-density environments NETGEAR, a company in Pro AV solutions organized a grand event for the AV community in Mumbai to discuss the growth of AV over IP solutions and its adoption and acceptance by customers. The brand understands the importance of key affiliations and associations that make the Pro AV industry work. From integration partners around the world, to AV companies helping to create new ways of working in a Pro AV environment, NETGEAR maintains relationships with a number of organizations. The event was a huge success, witnessed by more than 100 attendees, including System Integrators, Partners, AV Professionals and Consultants. During the event NETGEAR presented a live Product demo and discussed how its Pro AV line of products not only solves complex configuration issues with plug n play AV switches but also provides Professional Services from network design to installation assistance to the customers, System Integrator partners as well as AV OEMs. NETGEAR also assured to provide necessary assistance to the customers in all aspects may it be in terms of network design, presales, post-sales or training. Marthesh Nagendra, Country Manager – India, ME & SAARC, NETGEAR said, “We are delighted to host such events to tap into the vast potential present in the AV market by showcasing Pro AV product lines. Our business in India is purely driven by the channel partners and therefore it is critical that we educate our partners about our offerings. We are committed to the consistent delivery of best-in-class connected network solutions for the professional AV market. From our industry-leading product suite and unmatched service and support, the NETGEAR promise is to meet and exceed our commercial partners’ requirements at any stage of their growth journey.” The AV over IP is a fast-growing market and for good reasons: high quality, low latency video and audio distribution with increased scalability has far more room for innovation. The company has more than 200 switching products in the portfolio that can be leveraged to power cameras and other security and surveillance products. With such a large portfolio customers are able to customize and order exactly the combination of their needs with room to expand for the future. These switches also provide businesses the ability to connect any type of AV over IP device, which offers flexible speed options from 1 Gigabit up to 100 Gigabit per port. NETGEAR’s AV-focused division has been recently launched to concentrate on the needs of both the commercial and residential custom integration AV markets. This includes products that are only available in the AV distribution channel, design teams for Pro AV and Pro Wi-Fi installations, and software to help configure and manage wired and wireless networks. NETGEAR is a global networking company that delivers innovative products to consumers, businesses and service providers. The Company’s products are built on a variety of proven technologies such as wireless (Wi-Fi and LTE), Ethernet and powerline, with a focus on reliability and ease-of-use. The product line consists of wired and wireless devices that enable networking, broadband access and network connectivity. These products are available in multiple configurations to address the needs of the end-users in each geographic region in which the Company’s products are sold. NETGEAR products are sold in approximately 30,000 retail locations around the globe, and through approximately 25,000 value-added resellers, as well as multiple major cable, mobile and wireline service providers around the world.  

Hikvision India has Introduced Eco IP Video Door Phone (VDP) DS KIS302 P Series to meet the evolving security and communications needs in the market. VDP products address a crucial part of the security, communications and convenience needs in both residential and business sectors. They have evolved over time alongside the rapid development in technologies created for better and safer living environments. The Eco IP VDP Kit with 1 IP indoor station and 1 four-wire HD door station. It has a User-friendly control with a convenient touch screen. It offers convenient management via the Hik-Connect mobile client. It has more cost-effective. Easy installation as the doorbell requires no exclusive power supply. The transition from analog to IP technologies The VDP market is witnessing a significant transition from analog to IP. Traditional analog systems feature relatively poor audio and image quality and limited functionality. For example, they cannot be accessed using a mobile app or networked management systems. Although analog systems are often a more economical option, more manufacturers and installers have recommended their customers shift to IP-based VDPs for their wider range of capabilities – including higher image resolution, mobile control, remote operation, and a series of smart functions. IP VDPs bring a new level of convenience Mobile control: IP VDPs let owners receive calls, play video, and open locks from anywhere through just a simple touch. For example, people often receive calls on their mobile devices for package deliveries or other services when they’re not at home. IP VDPs, however, allow users to give temporary access remotely to those who need it, just using a simple mobile application. This is more convenient and much safer than manually giving out passwords or key cards. User-friendly interfaces: IP VDPs commonly provide a user-friendly screen with a clearly visible interface, simple touch interaction, intuitive operation, and multi-functional information display (e.g., weather, news, announcements etc.). These easy-to-use features help get modern consumers accustomed to using IP VDPs since they operate very similarly to mobile phones. High image quality: Compared to purely analog solutions, IP VDPs provide excellent imaging with higher resolutions and wider field of view. Wide Dynamic Range (WDR) and night vision are also supported to help users see clearly despite challenging light conditions, such as direct sunlight or high contrast environments during the day and darkness in the evening and night time. IP VDPs provide excellent imaging with higher resolutions and wider field of view. All-in-one management: IP VDPs also offer opportunities for integration with other security systems such as video and alarms. A unified control center ensures all-in-one linkage among various devices and systems and facilitates convenient device operation and management, improving security for businesses and home owners. Enter Hikvision Hikvision’s IP VDPs serve a wide range of scenarios including apartment buildings, single-family homes, and SMB offices. In residential applications, these advanced VDPs combine a better user experience with elegant design to suit any decor, as well as a touch-friendly screen for easy operation. Users can remotely open doors and talk to visitors by simply tapping the Hik-Connect mobile app on their smartphone or tablet. For Business applications, Hikvision’s IP VDPs enhance safety levels and management efficiency with strong integration capabilities. Hikvision’s All-in-One Indoor Station Series controls and manages all Hikvision access control, video security, and alarm devices through the built-in Hik-Connect app. The product series can also be converged with third-party applications to satisfy customized or personalized needs.  

Sustainability, Mobile IDs and a Changing Workforce Continue to be Among Top Concerns HID, a worldwide company in trusted identity and physical security solutions, recenlty announced its inaugural State of the Security Industry Report, which gathered responses from 2,700 partners, end users, and security and IT personnel across a range of titles and organization sizes representing over 11 industries. By looking at what’s driving the next innovations and the technology that supports them, the security industry is empowered to create more value for its organizations and its people. Conducted in quarter 4 of 2022, the survey reveals five common threads, as follows: Prabhuraj Patil Commercial Director, Physical Access Control Solutions, South Asia, HID “We are grateful for the opportunity to share insights with the security community as part of this year’s State of Security Industry Report. Mapping our industry’s dynamic trends helps provide a deeper understanding of customer needs and challenges. We are confident that our report will help security teams adapt faster and better capitalize on innovative solutions” 1. Nearly 90% of respondents acknowledge sustainability as an important issue: End users are increasingly demanding that suppliers provide footprint transparency in terms of their operations, product sourcing and research and development practices, with 87% of respondents stating that sustainability ranks as ‘important to extremely important.’ Mirroring this trend, 76% said they have seen the importance of sustainability increasing for their customers. To support this growing demand, security teams are leveraging the cloud To support this growing demand, security teams are leveraging the cloud and the Internet of Things, even more, to optimize processes and reduce resources. Additionally, new products and solutions are being strategically developed to address sensible energy usage, waste reduction and resource optimization. 2. Most organizations still need to fully embrace identity ‘as-a-service’ (IDaaS) to support hybrid work: The majority of survey respondents – 81% of them – stated they are offering a hybrid work model. As an example, 67% of respondents state that multifactor authentication and passwordless authentication are most important to adapting to hybrid and remote work, while 48% point to the importance of mobile and digital IDs. Interestingly, the survey also reveals almost half of the organizations aren’t quite ready to implement a comprehensive IDaas strategy. 3. Digital IDs and mobile authentication to propel many more mobile access deployments: Identification and authentication are more commonly completed via mobile devices, including smartphones and wearables. The growing popularity of digital wallets from major players such as Google, Apple and Amazon is a key driver of this trend. And expanded capabilities allow smartphone users, for example, to add keys, IDs and digital documents directly in the wallet app. These include, but are not limited to, drivers’ licenses in eight states, verifiable COVID-19 vaccination information, employee badges, student IDs and hotel room keys. Commercial real estate companies (40%) are outpacing other verticals as large commercial real estate firms are leveraging mobile access as part of their larger tenant experience apps, according to the HID survey. 4. Nearly 60% of respondents see the benefit of contactless biometrics: Biometric technologies represent a major break from more conventional means of access control. Using biometrics as an additional authenticating factor (e.g., biometric scans to verify an individual’s physical identity) can help organizations eliminate unauthorized access and fraud. The importance of this trend is exemplified in the survey data, which shows that 59% of respondents are currently using, planning to implement, or at least testing biometric technologies in the near future. 5. Supply chain issues continue to be a concerning factor, but optimism begin to emerge: According to the survey, 74% of respondents say they were impacted by supply chain issues in 2022, although 50% are optimistic that conditions will improve in 2023. Most affected are commercial real estate companies, with 78% citing supply chain problems as their main concern. More than two-thirds of organizations with fewer than 1,000 employees indicate that they were highly impacted by supply chain issues in 2022, but they are also the most optimistic that these issues will resolve in 2023. By better understanding the aforementioned topics, security professionals will be better prepared to adapt faster, deliver exceptional digital plus physical experiences, and capitalize on breakthrough innovations in solutions and services. Read the survey in its entirety here. HID powers the trusted identities of the world’s people, places and things. We make it possible for people to transact safely, work productively and travel freely. Our trusted identity solutions give people convenient access to physical and digital places and connect things that can be identified, verified and tracked digitally. Millions of people around the world use HID products and services to navigate their everyday lives, and billions of things are connected through HID technology. We work with governments, educational institutions, hospitals, financial institutions, industrial businesses and some of the most innovative companies on the planet.  

Fifth-generation security processing unit (FortiSP5) delivers unparalleled levels of power-efficient performance to open new frontiers for securing the branch, campus, 5G, edge compute, operational technologies, and more Fortinet®, the global cybersecurity company driving the convergence of networking and security, recently announced FortiSP5, the latest breakthrough in ASIC technology from Fortinet, propelling major leaps forward in securing distributed network edges. Building on over 20 years of ASIC investment and innovation from Fortinet, FortiSP5 delivers significant secure computing power advantages over traditional CPU and network ASICs, lower cost and power consumption, and the ability to enable new secure infrastructure across branch, campus, 5G, edge compute, operational technologies, and more. Unparalleled innovation in custom chip performance With an application-specific design and embedded multi-core processors to accelerate the convergence of networking and security functions, FortiSP5 delivers: 17x faster firewall performance compared to leading standard CPUs. 5x faster next-generation firewall (NGFW) performance compared to leading standard CPUs to handle higher levels of traffic inspection to detect and block threats. 32x faster encryption to protect sensitive data and secure virtual private networks. 5 Gbps of SSL deep inspection to deliver the processing power needed to inspect encrypted traffic for malware without performance issues. Secure boot to allow only approved operating system software to boot up, protecting critical infrastructure against malicious tampering. Volumetric DDoS protection to thwart distributed denial-of-service (DDoS) attacks. VXLAN/ GRE hardware-accelerated encapsulation to enable secure interconnectivity for distributed networks. Hardware-accelerated Quality of Service (QoS) to enhance user experience with dedicated QoS for sensitive applications such as video conferencing. Significant cost and energy savings As a fifth-generation 7-nanometer chip, FortiSP5 packs more capabilities in a smaller form factor to deliver: 88% less power consumption compared to the leading industry-standard CPU. Industry-leading performance per watt. Industry-leading price-performance. Supporting more applications to enable important customer use cases With the ability to accelerate and concurrently run 2x more applications – for example, NGFW, zero-trust network access (ZTNA), SD-WAN, and SSL inspection – compared to the previous generation, FortiSP5 will support use cases such as: Branch/ Campus: FortiSP5 ensures the transition to SD-Branch is efficient and cost-effective in a small form factor, enabling IT staff to simplify management and reduce OpEx while increasing network uptime. Additionally, as more organizations embrace the cloud and hybrid work model, FortiSP5 will continue to be a driver for Secure SD-WAN to empower customers to securely and seamlessly access applications any where while delivering consistent user experience with an optimized platform. Edge Compute: As edge computing improves efficiency and cost control through processing close to the edge, FortiSP5 supports high-speed networks and security threat protection for both commercial and operational technology (OT) environments, minimizing bottlenecks for traffic movement. Operational Technology: The convergence of IT and OT has opened the infrastructure to increased security risks that can disrupt operations. FortiSP5 enables scalable convergence, securing both OT and IT infrastructures with a single, high-performance platform. 5G: 5G adoption is on the rise in enterprise networks, fueling innovation at the edge as it provides higher bandwidth and lower latency. FortiSP5 enables a seamless transition to support 5G with an optimized and sustainable platform. Proven system on a chip technology FortiSP5 will power the next generation of entry and mid-range FortiGate firewalls being released later this year. Now on its fifth generation, we believe Fortinet’s proprietary system on a chip technology has a proven track record of powering the industry’s top-performing products and solutions. A few examples include: Fortinet has been named a Leader in the 2022 Gartner® Magic Quadrant™ for Network Firewalls,¹ marking the thirteenth time Fortinet has been recognized in this Magic Quadrant. A recent Forrester study2 highlighted that customers deploying Fortinet’s Secure SD-WAN solution, which is backed by FortiGate and SOC technology, achieved a 300% return on investment over 3 years with a payback period of only 8 months. Fortinet supports sustainability goals The energy efficiency and performance per watt of FortiSP5 and the products that leverage the chip will help organizations reduce their power and space requirements. Fortinet remains committed to sustainable product innovation to ensure each generation of its products consumes less energy and is built sustainably. Today, Fortinet’s Sunnyvale headquarters is a net-zero emissions facility and plans for global operations to be completely carbon neutral by 2030. Fortinet was recently named to the 2022 Dow Jones Sustainability World and North America Indices as one of the top sustainable companies in the world, highlighting Fortinet’s commitment to achieving a sustainable society Vishak Raman, Vice President of Sales, India, SAARC and Southeast Asia at Fortinet said, “With the introduction of FortiSP5, Fortinet once again sets new industry records for performance, cost, and energy efficiency. As the only cybersecurity vendor leveraging purpose-built ASICs, an over 20- year investment in innovation, Fortinet delivers the secure computing power that will support the next generation of secure infrastructure.” “Enterprise applications and the users and devices that access them are more distributed than ever, which is causing organizations to rethink their edge network and security architectures. A key to enabling enterprise edge networking is having strong security without compromising on network performance and user experience. Fortinet has a 20-year history in ASIC technology that helps achieve these goals, and the company’s newest FortiSP5 continues that legacy. Fortinet’s portfolio of converged network and security solutions with custom chips helps enterprises accelerate their edge network and security transformation,” said Brandon Butler, Research Manager, Enterprise Networks at IDC.  

Honeywell received the ‘SEAL Sustainable Innovation Award 2022’ for its Solstice® portfolio of ultra-low global warming potential (GWP) products. Honeywell’s Solstice® portfolio has been contributing significantly to sustainability across industries. The SEAL Sustainable Innovation Award recognizes innovations that represent game-changing ideas that bring us to a more sustainable future. The applicants were judged on the innovation’s advantages over alternatives, sustainability benefits, disruption, and impact metrics, amongst other criteria. The other winners in this category included Microsoft, SoCal Gas and Sesame Solar. Hitesh Mehta, General Manager, Advanced Materials, Honeywell India said, “Honeywell’s Solstice® ready now technology helps customers lower their carbon footprint and improve energy efficiency without sacrificing end-product performance. It supports their sustainability goals with innovative, ready-now products that reduce greenhouse gas emissions, save energy, measure and reduce carbon impact and support the adoption of renewable energy sources. SEAL Sustainable Innovation Award is a testament to the primacy we place in providing sustainable solutions to help companies meet sustainability and environmental goals.” Honeywell has invested a billion dollars in research, development, and new capacity for Solstice® technology, having anticipated the need for lower-global warming potential (GWP) solutions to combat climate change more than a decade ago. The Solstice® portfolio of products benefits society through superior energy efficiency performance in cooling and insulating applications. Using Honeywell Solstice technology has helped avoid the potential release of the equivalent of more than 295 million metric tons of carbon dioxide into the atmosphere so far, equal to the carbon emissions from nearly 688 million barrels of oil. By the end of 2022, Solstice R-1234yf, a low global warming potential refrigerant used in automobile air conditioning systems, will be used in almost 185 million vehicles globally. For its contribution to helping companies meet sustainability and environmental goals, Honeywell’s Solstice® portfolio has been named Top Project of the Year in the 2022 Energy + Environment Leader Awards and was highly commended as part of the World Sustainability Awards 2022 in the Sustainable Technology Award category. The SEAL (Sustainability, Environmental Achievement, and Leadership) Awards honor the organizations and leaders dedicated to making real progress on the most pressing issue of our time. Each year, the SEAL Awards recognize the 50 Most Sustainable Companies in the World and the most impactful and innovative Environmental Initiatives. SEAL Award winners are determined by a holistic methodology that measures applicants against established benchmark metrics that demonstrate true impact and progress towards a healthy planet and a sustainable future.  

Videonetics has announced the appointment of Ashish Goyal as Director of Software Engineering and Development. Ashish will play an essential role as a member of the leadership team and will be based in Bengaluru. He will oversee planning, development, designing and testing of Videonetics products in the marketplace while building and leading company’s engineering and product development team. Dr. Tinku Acharya Fellow IEEE, Founder & MD of Videonetics “Ashish is a great addition to our leadership team. His strategic leadership, tech acumen and wealth of hardware and software expertise will be key to expanding our product roadmap while retaining our leadership position as #1 VMS Provider in India and top five VMS providers in Asia” He brings onboard 18 years of leadership experience in diverse sectors including products & services organization and in building enterprise-grade, near real-time, globally distributed large-scale systems serving millions of transactions and processing big data. Before joining Videonetics, Ashish held various senior leadership positions in multi-national companies such as SanDisk, Microsoft Corporation and Cognizant. Ashish Goyal Director of Software Engineering and Development of Videonetics “Videonetics has been at the forefront of innovation, leadership, and excellence with incredible potential to disrupt the industry. And I am honored to be part of the company and look forward to defining product strategy, addressing problems of our partners and customers, penetrate new territories with our AI powered Unified Video Computing Platform” A seasoned tech industry veteran, Ashish has a credible track record blended with expertise in technologies like Open-Source System, Cloud Computing, Web & Desktop Development, Distributed Systems and many more. At Videonetics, he will drive product design, development & delivery, largely focussed towards providing market-ready solutions across geographies. He will be an integral part to consolidation and expansion of Videonetics’ engineering, product, and design teams.  

Research shows that congestion charging can reduce traffic volumes in cities by as much as 30%. But perceived unfairness in how charges are applied can make these kinds of schemes very unpopular, especially at first. There’s good news, though smart video solutions can support far more equitable congestion charging approaches, leading to faster acceptance, and improved traffic management outcomes Congestion charging can be a powerful tool in the fight against traffic congestion and resulting vehicle emissions. So much so, in fact, that empirical data from London, Singapore and Stockholm show congestion reductions of between 13% and 30%. But while congestion schemes and tolling can help in the fight against excessive traffic on city and highways networks, they can also be very unpopular with local people when they are first deployed. To increase acceptance for congestion charging, authorities need to effectively communicate the overall benefits to road users, especially in terms of shorter journey times and improved air quality. Additionally, convenient, fair, and flexible payment systems are needed to ensure that schemes are accepted by road users quickly and comprehensively. Supporting fair, effective congestion charging with smart video A wide range of technologies are needed to support congestion charging, from AI-powered smart cameras to radio frequency identification tags (RFID), GPS and wireless communications networks. However, smart video is critical for ensuring that congestion charging schemes are as effective and equitable as possible based on a number of key capabilities. Recognize vehicle type and emissions band The latest AI-powered smart video solutions can differentiate between different types of vehicles and apply congestion charges based on their emissions rating. This can often be achieved with algorithms that recognize vehicle size, shape, and model, allowing charges to be applied accordingly. Where this feature is not available, the vehicle type and emissions band can be determined using ANPR (license-plate recognition) technology, which allows vehicle registration details to be cross-referenced by local authorities and their databases. In either of these cases, drivers are charged according to the type and emissions rating of their vehicle, a more equitable approach that is generally better accepted by road users. Support fairer, distance-based congestion charging Congestion charging is often seen as unfair when a single charge is levied for any vehicle entering the zone. This means that the cost is the same, whether a vehicle crosses the controlled area just once, or circulates for the entire day. To address this, some authorities are experimenting with innovative schemes such as distance-based congestion charging. By recognizing vehicles, and their license plates, smart video can support this kind of model, which has the potential to increase acceptance of congestion charging schemes in the future. Enable dynamic charging depending on real-time traffic conditions With traditional schemes, drivers often pay full price to enter congestion charging zones even when traffic is light. With the ability to provide real-time traffic ‘awareness,’ smart video can support other models where drivers pay more during peak hours, or when congestion is heavier. This ensures that drivers pay less when roads are clear, giving them better value and a better overall travel experience. Detect exceptions and allow them free access to controlled areas In fair congestion charging schemes, certain vehicles and drivers should be able to enter and leave controlled zones without charges being levied. This applies, for example, to drivers who live in congestion-charging zones, and to some commercial vehicles, including taxis or other ground-transport or delivery vehicles. With smart video, these ‘exceptions’ can be recognized and permitted to enter and leave controlled areas without being charged. Hikvision ITS solutions When it comes to creating and deploying more effective, more equitable congestion-charging schemes, Hikvision ITS solutions can help. Specifically, we our solutions can be used by authorities to provide the real-time traffic awareness they need to support dynamic pricing and other innovative congestion-charging models. What’s more, our AI-powered cameras can help identify vehicles, their emissions ratings, and their eligibility to pay charges, in real time to support fairer schemes and accelerate acceptance.  

Ashish P. Dhakan MD & CEO Prama Hikvision India Pvt. Ltd. The Union Budget 2023-24 clearly has the visionary roadmap to put India on the path to become $5 trillion economy. The seven priorities of the budget ‘Saptarishi’ are inclusive development, reaching the last mile, infrastructure and investment, unleashing the potential, green growth, youth power and financial sector. It shows the government’s vision and missionary zeal for a developed India. We welcome the growth oriented budget positively as it is aimed at furthering the cause of the Indian manufacturing industry. The Union Budget has the blueprint of a sustainable economic growth in Amrit Kaal {Amrit Kaal refers to the next 25 years (up to 2047) leading to the centenary of India’s independenc}, backed by consistent and well-planned strategy. It also shows the strong commitment towards electronic manufacturing sector and infrastructure development. The budget shows clear intent to offer calibrated customs duty rates to provide a graded rate scheme to facilitate domestic electronic manufacturing sector. The government’s commitment to empowering the youth by introducing mandatory courses such as AI, coding, drones, IoT, 3D printing, and other soft skills under Pradhan Mantri Kaushal Vikas Yojana 4.0 and establishing of 30 Skill India international centers, will connect skilled youth with employers and leaders in the industry and encourage entrepreneurship. As an integral part of India’s fast developing electronic security manufacturing ecosystem, we are sure that this Union Budget will help to realize the vision of ‘Surakshit Bharat’ (Secure India) through the ‘Atmanirbhar Bharat’ (Self-Reliant India) roadmap. From the security industry perspective, this is an industry friendly budget as it acknowledges MSMEs as growth engines of the economy, the Budget proposes enhanced limits for micro enterprises and certain professionals for availing the benefit of presumptive taxation. To support MSMEs in timely receipt of payments, the Budget allows deduction for expenditure incurred on payments made to them only when payment is actually made. The Union Budget offers a solace to the MSME sector. The revamped credit guarantee scheme for MSMEs to take effect from 1 April 2023 through infusion of Rs.9,000 crore in the corpus. This scheme would enable additional collateral-free guaranteed credit of Rs.2 lakh crore and also reduce the cost of the credit by about 1 per cent. At the hindsight, the Union Budget strikes a fine balance between big capex and fiscal discipline, it will spur the growth of Indian economy, improve the infrastructure and empower the common people. Dr. Niranjan Hiranandani Vice Chairperson NAREDCO India has prudently maneuvered global and economical storms. It has aptly addressed the economic growth of India by augmenting the capital expenditure outlays in infrastructure upto Rs.10 lac crores accounting to nearly 3.3% of GDP. This will have a multiplier effect on real estate asset classes like the residential, commercial, industrial and logistics sector. The last mile connectivity will reduce the logistics cost substantially, enhancing India’s global competitiveness and investment index. Infrastructure development is pivotal for employment generation and opens up hinterlands across geographies for all sorts of real estate developments. Setting up of Urban Infrastructure Development Fund managed by NHB will ensure governance, speed in execution and timely delivery under PPP ties. Incremental PMAY allocation upto Rs.79,000 crores will give impetus to affordable housing and benefit a wide segment of homebuyers. Rebates in personal tax will permit additional disposable income in the hands of the discerning homebuyers to be invested back in a safe asset ‘home.’ The capital gain tax benefit on the sale of property above the value of Rs.10 crores is sought to be withdrawn. families are liable to pay capital gain tax which will disincentivize families to buy multiple properties as a security provision for their children. Emphasis on skilling to foster research and knowledge-based economy will garner a job ready workforce for the highly labor-intensive real estate sector. The measures for digital adoption and green economy will augur well for sustainable development and help achieve a low carbon economy. Terming it a fiscally ‘balanced’ budget, I rate it at 8/10. The Union Finance Minister, Smt Niramala Sitharaman has expressed a clear commitment to capital expenditure, which will have a positive impact on the Indian industry and create employment opportunities. The Centre has granted 50-year interest-free loans to state governments for an additional year with a total outlay of Rs.1.3 lakh crore, encouraging infrastructure investment across the states and fostering local industries. The government has also taken measures to ensure that all sections of the salaried class benefit from the Union Budget, with reduced tax slabs from the lowest to the highest brackets. This will be advantageous for all income taxpayers, with a considerable growth in the tax base over the past five to six years. The finance minister has also taken steps to benefit the MSME sector by launching a new Rs.9,000 crore credit guarantee scheme. This revamp will offer an additional collateral-free loan of Rs.2 lakh crore to MSMEs while reducing the cost of credit by 1%, as stated in her budget speech. This budget also focuses on inclusive development, by establishing an Agriculture Accelerator Fund to nurture agri-startups and promoting digital public infrastructure. This will provide farmer-centric solutions for crop planning and storage. Substantial agricultural credit targets up to Rs.20 lakh crore by 2024 will place a priority on animal husbandry, dairy, and fisheries. This ambitious plan has the potential to significantly strengthen the economy. Vishak Raman Vice President of Sales, India, SAARC and Southeast Asia Fortinet A steep increase of 33% in capital investments to 10 Lakh Crore almost three times the outlay made in 2019 shows why India is one of the most buoyant economies in the world. While Investments and development programs are all tech-driven the budget realises the potential of 5G by setting up 100 labs in engineering institution to develop Apps to assists in all verticals including smart classroom, precision farming, smart transport systems and healthcare. The capital flowing into AI-Startups last year was $2.7 billion globally. The race in AI is heating up…

India’s premier indigenous security and surveillance product manufacturing brand, PRAMA got an overwhelming response to its wide range of indigenously manufactured video security products and bespoke vertical solutions at the IFSEC India Security Expo 2022. The latest products embedded with the cutting edge technologies such as Artificial Intelligence (AI), and IoT Security Technologies and applications were on display at the PRAMA booth. The PRAMA booth at the IFSEC India displayed a wide range of indigenously manufactured products and innovative solutions. The key vertical solutions for the project market were on display at the PRAMA booth, including Centralised Video Management Solution, AI Sense Solution, Mobile Enforcement Solution, In Bus Solution, Full-In-Color Solution, Advanced Traffic Management System and AV and LED Solutions. The ornately designed spacious PRAMA booth is showcasing vertical solutions on Retail Stores and Malls, Banks, Hotels, Education Institutes, Healthcare Facilities, Religious Places and Cultural Heritage sites. The Prama India booth was visited by some of the key representatives from the Government vertical. IFSEC India’s exhibition platform has proven its worth as a leading convergence platform for the security industry. The PRAMA booth had the key delegates from the Homeland Security and Transportation, they expressed keen interest in the PRAMA’s indigenous vertical solutions. PRAMA’s products and solutions were demonstrated at the booth to a large number of dealers, distributors, system integrators and end-users from the security industry. Prama India participated in the IFSEC India Conference on December 2, with a presentation on the theme ‘Indigenous Manufacturing Mission for a Self-Reliant India,’ it was by Vinay Mishra, Senior Vice President-Projects, Prama India Pvt. Ltd. The next day of IFSEC India conference on December 2, PRAMA had participated in a though provoking panel discussion in the pre-lunch session based on the theme ‘Tech-Enabled Disruptions & Emerging Paradigms in Corporate Security.’ Prama India was represented by Himanshu Jain, AVP-Projects, Prama India Pvt. Ltd. Prama India booth got a good response from the key partners, trade visitors and key stakeholders at the IFSEC India. The IFSEC Security Expo provided a good platform to demonstrate the latest products and solutions.  

It is a known fact that the use of cloud services across the globe has been increasing more than ever. The researchers and industry veterans see a huge adoption of cloud across organizations in the coming days. With more adoption comes more consumers and with that comes securing the data and processes of all consumers and organizations. As the cloud and its offering have been advancing so has its security. Gone are the days when organizations deployed one or two countermeasures, mostly antivirus and firewalls, for the most common security threats and thought it would help. As more and more sophisticated attacks grew these security measures were effective against only a small portion of attacks. This gave way to Multi-Layered Security Solutions. Over the past few years, multi-layered security has emerged as a strong alternative to traditional security strategies. The increased use of cloud solutions has given raise to increased cybercrimes, sophisticated attacks have been devised by cybercriminals directed at enterprises and financial institutions. The increase in cybercrimes is proportional to the increase in the advancement of technology and the below factors: Increased number of gadgets across the globe may it be for personal use or organizational use. Rise of digital platforms and online apps to make life easier is giving way to more cybercrimes. Increased financial locations, particularly at financial-services organizations traditional or e-finance, are becoming too enticing for cybercriminals to ignore. Personal IP-enabled devices such as cell phones and social media platforms including internal and external communication channels used by millions are an easy gateway to enter for cybercriminals. The entire internet ecosystem provides support for all hence also for cyber assaults. Professional criminals find ways, they plan, investigate, organize and automate attacks on specific businesses. “The whole idea of having multilayered security on the cloud is to take various security measures to protect systems against threats before they actually happen. In isolation, they may not be able to provide complete network security, but together their efficiency is enhanced which enables each level to provide an extra degree of security. The best way to prevent attackers to attack the cloud network is to have a greater number of levels or layers of security. At Technobind, our team has years of experience tackling and suggesting the right cloud services and solutions for customers” Prashanth GJ, CEO at TechnoBind As a proactive approach, multi-layered security deploys several components which form different layers of security, each of which serves a particular function to defend and safe guard operations, IT Infrastructure and services. Each layer is responsible for securing a particular region or access point from being compromised by hackers and threats. Together they operate to form a defence mechanism against multiple security breaches. The central idea behind layered security or defence is that in order to protect systems from a wide range of attacks ranging from hacking or phishing, DDoS to worms, viruses, malware and other kinds of more passive, or indirect system invasions. It has been tried and tested that using multiple strategies will be more effective. The following multi-layered cloud-based security collectively works together to defend against cybercrimes: Physical Security. Perimeter Firewall. Secure Multi-Tenancy. Per-Tenant Firewall. Host-Based Firewalls. Antivirus Update/ Patch Management. Digital Certificates. File Encryption. Backup & Replication.