Unisys Corporation today announced the winners of the 10th annual Unisys Cloud 20/20 contest, one of India’s largest and most popular annual student innovation programs. This year’s contest featured more than 270 colleges and over 300 projects, as students were challenged to think outside the box and develop innovative ideas.
The project titled Vesa – Blockchain Based Supply Chain Management by Sarang Parikh, Amith K K, Swathi R and Deeptha M of the Nitte Meenakshi Institute of Technology, Bengaluru, was picked as the winner. Eniyanilavan R, Hemachandiran S, Eathindhar M and Gautham A of Sri Manakula Vinayagar Engineering College, Puducherry College, earned second place for their project titled su PILVI. Third place was awarded to Amogh A Rao, Sana Parveen Salar, Suchithra Devadiga and Sharadhi Arun Patil of Mangalore Institute of Technology and Engineering, Mangalore, for their project, Smart Telematics System.
The contest aims to bridge the gap between academia and the IT industry and encourage the participants to create innovative projects with practical application. Disruptive technology trends featured in this year’s competition included cloud-based applications and microservices, cloud computing infrastructure, security and multimodal biometrics. After entries opened in July 2018, Unisys shortlisted the top 113 teams and provided them each with a mentor for guidance in project development.
Winning teams were awarded cash prizes up to 4.25 lakhs and a trophy. In addition, Unisys has offered more than 20 internships and eight job placements to the finalists and winners of this year’s competition.
“Technical contests help build creativity and thinking capacity in students, and I am extremely happy with the impact that Cloud 20/20 has gained over the last 10 years. We are proud that Unisys has played a key role in creating and supporting talent from across the country,” said Vishal Gupta, senior vice president and chief technology officer, Unisys. “Cloud 20/20 serves as a platform to equip students with the requisite skills to drive innovation in an ever-competitive industry like the IT industry.”
Sumed Marwaha, managing director, Unisys India and regional vice president, Services, Unisys added, “Unisys has been a torchbearer in technical and innovation led contests. In the last 10 years, Cloud 20/20 has been a platform for thousands of students across India to unveil their talents in some extraordinary projects and innovative ideas around disruptive technologies. This year our focus is on molding ideas to real life solutions. This recognizes that the Indian IT industry is constantly changing and requires these bright minds to create the technology of the future.”
Launched in 2009, Cloud 20/20 has traditionally been a collaboration between Unisys and academia. Over the last decade more than 25,000 teams have participated, making it one of India’s most popular technical contests for engineering students.
Under the Cloud 20/20 umbrella, Unisys has also conducted various programs created for different strata of the IT industry including annual hackathons for freshers, developers and programmers, Tech Series and Tech Connect for experienced professionals across the industry to meet and share ideas and construct a framework for future technologies. These programs also incorporate various trending themes such as virtual simulation, biometrics, artificial intelligence and machine learning.
Click here for further information on Cloud 20/20.
SOURCE Unisys Corporation
Cerebreon: Debt Support Startup Close £1.5m Seed Round to Help Save UK’s Most Vulnerable
Insolvency technology startup Cerebreon close final funds in £1.5m Seed round in a bid to scale support to the UK’s most vulnerable consumers to avoid bankruptcy.
Cerebreon is working with consumers, financial institutions and insolvency practitioners, to deploy their deep learning platform to help predict and prevent insolvency ahead of time.
Gillian Doyle, Cerebreon CEO, said, “Our mission is to support the most vulnerable people in society to help them to avoid insolvency. Unsecured personal debt was measured at £3.6Bn – with the COVID-19 outbreak UK families are taking on increasing levels of debt to survive.”
She went on to say, “By supplying data, debt insight and insolvency predictions to creditors as well as the insolvency industry, we can have a direct and positive effect on financial wellbeing and ultimately survival as a result of breaks in family incomes.”
The Irish startup were selected by Accenture’s Fintech Innovation Lab to take part in the highly competitive accelerator programme which has provided Cerebreon unrivalled access to key staff in the largest financial institutions.
Former BlackRock Managing Director, Scott Condron, commented, “Cerebreon has identified how digitization and data can be used to fundamentally alter the outcomes for debt distressed consumers, allowing more to emerge from insolvency and increasing recovery rates for creditors. Tech for good in action.”
The Donegal based tech firm have partnered with tech giant Microsoft to deliver the highest levels of security to protect sensitive personal data, using Microsoft Azure.
The £1.5m seed round was led by Delta Partners and supported by HBAN/private Angels, Western Development Commission, Consilience Ventures and Growing Capital who have invested in the Irish deep learning startup to boost go to market plans and product development as the financial crisis deepens in the UK.
Kevin Monserrat, Founding Partner at Consilience Ventures, commented, “The current financial crisis makes Cerebreon one of the most important and relevant tech platforms and we are proud to support the acceleration of their support to UK consumers in debt.”
Graph Blockchain Annouces Strategic Financial Advisory Agreement with Gravitas Securities
Toronto, Ontario–(Newsfile Corp. – March 24, 2020) – Graph Blockchain Inc. (CSE: GBLC) (“Graph” or “Company“) is pleased to announce it has executed on a financial advisory agreement with Gravitas Securities (GSI) to assess future business opportunities and develop a capital markets strategy as the Company’s financial strategic advisor, while the Company moves in to creating its blockchain supported e-Commerce marketplace for the booming psychedelic and ancillary sector.
GSI will assist the Company in closing its second tranche of the Company’s previously announced non-brokered private placement (2020-02-19) to raise up to $500,000. The company previously announced it’s first tranche close of $150,000 on 03/11/2020.
“We are pleased to enter into an Advisory Agreement with GSI,” announced Christian Scovenna, President & COO of the Company. “This announcement of having an investment bank like GSI solidifies GBLC’s commitment to spearhead the Company’s direction into the e-commerce psychedelics sector while creating shareholder value. GSI has demonstrated exemplary work with public companies with an affinity for growth via M&A proves significant value it can add. We are excited to have GSI assess future business opportunities and develop a capital markets strategy as our strategic financial advisor.”
Subject to the prior approval of CSE, the Company has agreed to pay GSI a retainer fee payable for services provided for each full Calendar Month for a period of twelve months. The payment shall be comprised of (subject to approval by the Canadian Securities Exchange (the “CSE”)) $15,000 (plus applicable tax) monthly payment in stock that will be invoiced annually in full, which will be paid in common shares at a deemed price per share equal to the greater of $0.05 or the minimum price per share permitted by the CSE at the time of issuance of such shares. Subject to CSE approval, these shares will be issued to GSI immediately. GSI may be paid a cash commission on any eligible subscriptions for potential private placement(s) within the stated (12) month advisory agreement. The Company will also, as soon as reasonably practicable following closing of the Transaction and subject to compliance with the stock option plan of the Company, shareholder approval of the stock option plan and the policies of the CSE, issue stock options (each, an “Option”) to GSI entitling GSI to purchase in the aggregate up to 2.5% of the total shares issued and outstanding in the Company. The exercise price and vesting provisions, if any, for these Options will be determined by the board of directors of the Company at the time of grant in the context of the stock option plan of the Company.
The Agreement, retainer fee and Option grant will be subject to such other approval, terms and conditions as would be typical for an agreement of this nature in the Canadian market. These conditions include:
(i) a condition respecting receipt of regulatory CSE (Canadian Securities Exchange) approvals;
(ii) a condition that no material adverse change affecting GSI has occurred;
(iii) a condition that all “shares for Service” adhere to IIROC and Regulatory trading and escrowed provisions.
About Gravitas Securities Inc.
Gravitas is known for sophisticated sector expertise, tactical individuals with a commitment to excellence, global integration and innovation, and as a leading independent wealth management and capital markets firm. Gravitas provides a wide range of investment mandates and services for retail and corporate clients globally from offices in Toronto, Vancouver, and Calgary, and is represented in the United States through its FINRA representative, Gravitas Capital International, in New York and San Francisco.
About Graph Blockchain Inc.
The Company develops leading-edge private blockchain business intelligence and data management solutions that it will implement into a blockchain supported e-commerce marketplace for the sale of psychedelic and ancillary products in legal jurisdictions.
Additional Information on the Company is available at: www.graphblockchain.com
For further information, please contact:
Govinda Butcher – CEO
Phone: (416) 522-6688
Christian Scovenna – President & COO
Phone: (416) 453-4708
Forward Looking Statements
This news release contains “forward-looking statements” within the meaning of applicable securities laws. All statements contained herein that are not clearly historical in nature may constitute forward-looking statements. In some cases, forward-looking statements can be identified by words or phrases such as “may”, “will”, “expect”, “likely”, “should”, “would”, “plan”, “anticipate”, “intend”, “potential”, “proposed”, “estimate”, “believe” or the negative of these terms, or other similar words, expressions and grammatical variations thereof, or statements that certain events or conditions “may” or “will” happen, or by discussions of strategy. Readers are cautioned to consider these and other factors, uncertainties and potential events carefully and not to put undue reliance on forward-looking statements. Such statements may prove to be incorrect and actual results may differ materially from those anticipated.
Forward-looking statements contained in this news release are expressly qualified by this cautionary statement and reflect the Company’s expectations as of the date hereof and are subject to change thereafter. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, estimates or opinions, future events or results or otherwise or to explain any material difference between subsequent actual events and such forward-looking information, except as required by applicable law.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/53724
Announcing the Virtual Gathering of the European Tech professionals (#TCE2020VE)
The TECH Conference Europe 2020 Spring Edition becomes a hybrid conference.
We have some important updates about the upcoming TCE2020 Spring Edition.
Due to the many travel restrictions, we have decided to create a Virtual Conference which gathers Tech professionals to discuss the vital topics with which companies in Europe and around the world are dealing with.
The Virtual Conference will take place on the 9th of June and everyone is invited to join and hear how Mobility, EdTech, Artificial Intelligence, Blockchain, Fashiontech, and Fintech companies are embracing the current events and helping globally.
In order to secure your virtual seat, make sure to register here (no travel needed, you can attend from the comfort of your home or office)
PLEASE NOTE: If you are already a registered delegate of TCE Spring Edition, you don’t have to purchase a new ticket!
“As the world is sailing into uncharted waters, it is not likely that you will have the possibility to travel in the upcoming 3 months, so we are giving the chance for tech professionals, startups, investors to attend a full day of quality learning and networking from the comfort of their home” stated Zoltán Tűndik, Co-Founder and Head of Business at Hipther Agency.
The agenda of the conference has been updated and now addresses current affairs with panel discussions that revolve around the current topics which many tech industries are facing.
Among the topics of the conference, you will find discussions such as:
- Champions Of Mobility During Global Pandemic
- Fashiontech – Is The Fashion Sector Suffering Or Innovating?
- Global Consumer Sentiment During Pandemic And Boosting Essential Services
- Edtech Becomes An Essential Part Of Teaching And Providers Show Camaraderie
- Fintech, Blockchain And Fintech, Blockchain At The Forefront Of Fighting The Pandemic
More topics will be added to the agenda as the demand is high from tech companies. We are inviting all industry experts to nominate speakers here.
The speakers and moderators
Among the already confirmed speakers and moderators you can find: Jovita Gabnienė (Attorney at Law, Head of Litigation & Investigations Team at Ellex Valiunas), Stefania Barbaglio (Founder and Director at Cassiopeia Services), Erja Retzén (Senior Managing Director, Global Listing Services at Nasdaq), Filipa Neto (Innovation Principal at Farfetch), Kostandina Zafirovska (General Manager of IT Labs), Sukhi Jutla (COO & Co-founder at MarketOrders), Kamilė Kliukienė (Legal Counsel at Telia, Women Go Tech alumni), Jaka Repanšek (Media and TECH Law Expert), Rauno Parras (Director of parcel services at Itella Estonia), Marek Kopanicky (Consultant at Slovak Investment and Trade Development Agency), Gerard Martret (Co-Founder & CCO at Shotl), Vytautas Karalevičius (Co-founder at Bankera), Magith Noohukhan (Customer Engagement Evangelist at Braze), Dean Rakic (Chief Blockchain Officer at Blockcontrol Germany), Ricky Booker (Founder & CEO at Tradestreet), Slava Jefremov (CPO at Cointraffic), Vesa Perälä (CEO and Founder at Claned Group), Karim Coppola (Founder and Creative Director at VISORE LAB) and Alexander Belov (Co-Founder at Coinstelegram).
More speakers will be added along the way.
Sponsors and Partners
We are also happy to announce that IT Labs, the main sponsor of the conference has opted to support both virtual and live editions of the event.
For further inquiries about the peaking/attending/sponsoring options, make sure to send an e-mail to Andrada Bota (B2B Sales Executive at Hipther Agency).
Among the supporters of the conference, you will also find the Georgian Venture Capital Association as a strategic partner, and leading media outlets such as Coins Flare, Embassy of Blockchain, CoinPedia, TechEvents Online, AI Time Journal, Cassiopeia Services, iBlock.tv, TechieScoops, DigitalScounting.de and many more.
Visit www.virtualedition.techconferenc.eu for more details!
For media-related inquiries, please contact Alexandru Marginean (Marketing Specialist at Hipther Agency).
TECH Conference Europe (TCE) Spring Edition, BTech and NTech Awards
TCE Spring Edition will become TCE Summer and will be held on the 4th of August. More information about the topics and speakers will be announced at a later stage.
The online voting stage for BTech and NTech Awards 2020 has been stopped and will be reset in order to allow all participants to focus on different matters.
A new online voting stage will be started between 1 and 30 June. Further information will be released in the upcoming weeks.
Hipther Agency (organizers of TECH Conference Europe) press contacts:
Zoltan Tuendik, Head of Business
firstname.lastname@example.org, +40 735 559 234
Alex Marginean, Marketing Specialist
email@example.com, +40 731 394 220
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