Mediaboss Marketing

Progress, the trusted provider of application development and infrastructure software, has announced a free online training and certification program for Progress OpenEdge, the flagship application development platform used by more than 100,000 enterprises across the globe to simplify the delivery of mission-critical business applications.

With this program, Progress will help developers build the skills they need for successful careers and make it easier for customers to maximise the value of their OpenEdge investment, the company states.

The surging digital economy is bringing an insatiable demand for software developers to build applications that will power our future. Around 40 million technical jobs go unfulfilled due to a lack of skilled talent, and this number is expected to rise to 85.2 million by 2030.

To help combat the skills gap while inspiring professionals to take advantage of in-demand career paths and build their own applications, Progress has launched a free online training and certification learning path that developers can complete online at their own pace.

John Ainsworth, Executive Vice President, General Manager, Application and Data Platform, Progress, comments,"Throughout the pandemic, we saw the IT skills gap become wider and more prominent due to enterprises heightened reliance on technology. This gap not only impacts the people looking for meaningful careers but the companies seeking qualified professionals.

"For over 40 years, Progress has enabled developers to build their own applications and turn their ideas into business reality. Our training and certification program will help expand the IT talent pool and allow future developers and entrepreneurs to see how quickly they can create applications that will have an impact."

OpenEdge is a platform for developing enterprise applications needing high-performance, high availability and flexible deployment options for extensibility, scalability, security and reliability. Developers around the world are using the OpenEdge application development platform to build innovative business applications that are the backbone of healthcare, financial services, manufacturing and other industries.

"If you just want to fiddle around with code, choose Java or Python. For a business application, you build it in OpenEdge," says Michiel Herpers, MES Engineer at CGI.

After eight self-paced courses and a final certification exam, which should take approximately three days to complete, developers will be able to build enterprise applications using OpenEdge 12 and receive a certificate to share with their professional networks and potential employers. No previous knowledge of coding is required.

By passing the assessment exams, developers will also earn badges in the Progress Community. The Progress OpenEdge Community is a community for on-demand information to ensure the success of projects. OpenEdge developers can access a knowledge base, user forums and code samples and connect with other new and seasoned OpenEdge users.

As the trusted provider of the best products to develop, deploy and manage high-impact applications, Progress is committed to enabling customers to develop the applications and experiences they need, deploy where and how they want and manage it all safely and securely.

Hundreds of thousands of enterprises, including 1,700 software companies and 3.5 million developers, depend on Progress to achieve their goals with confidence.

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Progress launches free online training for application developers - IT Brief Australia

Sterlite Technologies Limited, with reference to the company's earlier disclosure dated January 31, 2023 it was inter alia intimated that the company had entered into a business transfer agreement to sell its Telecom Products and Software business (TP&S) to Skyvera LLC through its Indian subsidiary.

The company stated in an exchange filing that the transfer is by way of slump sale as a going concern basis.

Subsequently, on account of certain revised commercial understanding amongst the parties, it has been agreed to implement the transfer of the TP&S business as an asset sale.

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Accordingly, STL has signed an amended and restated agreement dated March 27, 2023 with Skyvera LLC and its Indian subsidiary in relation to transfer of the assets (Amended and Restated Agreement).

It is clarified that the aggregate consideration being received by STL under the revised transaction structure remains the same.

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STL enters into transfer agreement to sell its Telecom Products and Software business to Skyvera - Free Press Journal

Tata Consultancy Services (TCS) has been named a Leader in Everest Groups PEAK Matrix for Software Product Engineering Services in the overall assessment, as well as across all the individual industry verticals covered in the report: BFSI, Healthcare, ISVs, Media and Entertainment, and Retail.

The report highlights TCS investment in establishing research and innovation labs and CoEs that are driving innovation especially in the areas of cloud-enabled platforms, digital platform engineering, user experiences and user interface, data analytics and extended reality. It further talks about TCS well-diversified portfolio of clients across different verticals. According to the report, TCS clients appreciate its capabilities in driving complex digital transformation projects, adapting to business needs, and flexible pricing models.

TCS is helping customers accelerate digital platform-led business innovations and drive as a service models across industries leveraging its purpose-led transformational solutions. Our continued investments in deepening domain expertise, evolutionary engineering processes, intelligent products, cloud, SaaS, low code and new security postures further strengthen our position as a leading provider of core technology and consulting services globally, said Krishnan Ramanujam, President, Enterprise Growth Group, TCS. Our leadership position in this report across the industries is a testament to our deep contextual and domain knowledge and investments in next-generation technologies and co-innovation along with our customers.

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TCS partners with clients from the product inception stage to its global release, leveraging its strong product engineering ecosystem to launch new products faster and optimize product sustenance. It is setting up design studios and innovation centers that focus on human-centric design and leverage the power of digital technologies such as 5G, AI, and cloud to help create hyper-personalized, immersive, and seamless experiences for both consumers and enterprises.

With its customer-centric approach, investments in design- and innovation-led digital product engineering, PrivSecDevOps framework, intelligent products, and expertise in automation and low code/no code, TCS is helping clients accelerate global product launches and gain competitive advantage. In addition, TCS leverages the Anything as a Service model across industries to help clients launch digital platforms.

TCS offerings in this domain include:

TCS Digital Platform Engineering services: Help customers accelerate platform-driven business and adopt the Anything as a Service model.

Global Engineering Development Center framework: Helps customers enable the building of large engineering teams addressing the industry challenges across people, process and technology with a product engineering mindset.

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TCS Next-Gen Intelligent Extensible Omni-channel Commerce: An end to end, modern, and microservices-based digital commerce solution on cloud supporting B2C, B2B, D2C and Marketplace business models.

TCS Healthcare Analytics: This AI-based analytics platform enables the transition towards outcome focused care with predictive analytics to improve quality of care.

Media Workflow, Smart Content and OTT Platform Suite of solutions: Including TCS Cloud-Enabled OTT Platform, OTT OSS, Video and Ad-tech partnerships, AI/ML enabled unstructured content and video transformations, OTT App Development Factory, and the proprietary Smart Content Management Backbone solution for unstructured content across M&E, education, and information services business.

TCS Mastercraft and Jile product suites: Enable faster software product releases in an agile mode, with a high degree of automation.

TCS has a strong portfolio spanning high-growth verticals such as BFSI, healthcare, ISVs, and retail with services across the software product lifecycle. In addition to its robust portfolio of IP and labs, TCS effectively leverages its partnership ecosystem for superior service delivery, said Mayank Maria, Vice President, Everest Group. Clients appreciate TCS for its project management expertise, domain knowhow, ability to effectively adopt DevOps practices, and flexibility around evolving business requirements. This has helped maintain its position as a Leader in Everest Group's Software Product Engineering Services PEAK Matrix Assessment 2022.

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TCS positioned as a leader in software product engineering services by Everest Group - Free Press Journal

Cybersecurity and hacking is a major concern for companies, especially those in the technology sector or with software that could be impacted.

Hackers were able to hack into an electric vehicle from Tesla Inc TSLA, andinstead of punishment, they got a prize.

What Happened: With companies knowing hackers can target them and find exploits in software and code, many have turned to offering rewards for those who find problems and bring attention to the company. The U.S. State Department is among the entities that offer rewards to people who identify security threats that can be targeted by hackers.

One of the largest hacking events in the world, Pwn2Own, featured groups competing to find security flaws and exploits in companies' software.

A group successfully hacked into the software of a Tesla Model 3 using a time-of-check time-of-use (TOCTOU) exploit to gain access of the vehicle, as reported by Teslarati. Not all details of the hack were shared publicly due to security concerns.

Synacktiv, a French security company, was the group that completed the successful hack.

Their prize for hacking a Tesla vehicle? The group took home $100,000 and a Tesla Model 3 vehicle.

Related Link: Coinbase Pays Out $250K Bounty To Ethical Hacker Who Prevented Nuking Of Entire Crypto Market

Why Its Important: Pwn2Own is one of the biggest hacking events in the world and involves some of the biggest and most recognizable companies.

Tesla is not new to the event and has often featured its vehicles at the hacking competition with the goal of finding any security flaws that could exploit its software.

Other products that have been featured at Pwn2Own have included internet browsers like Google Chrome, Microsoft Edge, Apple Safari and Firefox and software like Office 365 Plus and Adobe Reader.

Tesla launched its own bug bounty in 2014 offering incentives to hackers who find flaws in its vehicles.

In 2022, it was highlighted that Tesla vehicles were at risk of being stolen by hackers using near-field communication key cards.

The use of Bluetooth technology for Tesla vehicles instead of keys was also noted as a potential security flaw that could allow vehicles to be stolen.

With the rise of automobiles being connected and having more software inside, the risk of security concerns could also rise. Teslas approach to offering incentives for finding security flaws may keep them at lower risk down the road of being exploited by hackers.

Read Next: Multimillionaire Twitter Philanthropist Offers Huge Reward For Whistleblower In SVB Bank Collapse

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Group Hacks A Tesla EV: Why It Gets A Free Tesla Model 3 Instead ... - Benzinga

Enterprise software vendors big and small are moving to quickly adopt the technology behind ChatGPT, the popular artificial intelligence tool developed by Microsoft-backed OpenAI.

San Francisco-based startup Klarity Intelligence is among early adopters that are marketing new tools targeted at finance departments in particular.

Its very clear that this is a technology that can bring immense value to finance teams,Nischal Nadhamuni, chief technology officer and co-founder of Klarity Intelligence, said in an interview.

Klarity, which focuses on helping businesses to automate document-heavy workflows, is leveraging OpenAIs technology in a new demo product available for free on the internet, with plans to unveil an enterprise-ready version within coming weeks.

The upgrade will allow clients to more quickly and easily perform functions such as validating billing and revenue data, according to Nadhamuni.

ChatGPT is an AI-driven natural language processing tool capable of interacting in a conversational way and producing responses to questions across a number of subject areas. The technologys popularity is rapidly increasing, even as some worry about risks such as data security breaches.

Klaritys demo product incorporates a new model of the technology, known as GPT-4. However, the tech startup is working to address data security issues and other potential concerns before making the upgraded system available to its clients, which include online video conferencing company Zoom Video Communications Inc. and cybersecurity firm Cloudflare Inc.

We want to be able to test more internally before we do that, Nadhamuni said.

Among other security protocols, Klarity is using end-to-end encryption and has opted out of any of its customer or user data being used by OpenAI for ChatGPT model training, he said.

In a related development, finance tech startup Brex has announced plans to launch new ChatGPT-style tools for CFOs.

The new tools, which are set to be made available later in 2023 through Brexs Empower platform, expand on work the company has done with Scale AI during the past year to automatically parse receipts and invoices, extracting data to enable automatic policy enforcement, the company said in a March 7press release. Strict privacy controls will be maintained as the new features are rolled out, it said.

Other early ChatGPT adopters include bigger companies that are rolling out broader tools.

Last week, Microsoft said it was planning to bring ChatGPT-like features to Microsoft 365, its product suite that includes Word documents, Excel spreadsheets, PowerPoint presentations and Outlook emails.

The software giantannounced in January that it was extending a partnership with OpenAI, making a new multiyear, multibillion-dollar investment in the startup company.

Earlier this month, Salesforce Inc. unveiled a ChatGPT app for its Slack business messaging platform.

Meanwhile, Google has said its experimenting with a ChatGPT competitor known as Bard.

Klarity said on March 15 that it began using GPT-4 in a demo platform that allows users to extract data from PDF documents and graphs that can then be reviewed and analyzed in minutes.

That announcement came just a day after GPT-4 was released to the public. Prior to that, Klarity had been experimenting with the technologys previous iteration, GPT-3.5.

Beginning in April, all new Klarity customers will get the GPT-4 driven platform, and existing ones will be offered migration options, the company said in a press release.

Klaritys platform can extract the payment terms in a PDF contract and automatically populate them into an invoicing system, the company said.

It also helps ease order management, billing and revenue recognition reviews, processes that have traditionally been performed manually by large teams of analysts who reconcile data between systems and documents for accuracy and completeness and then populate long revenue checklists, according to the release.

Previously, the company used its own custom AI models to create document summaries for finance and accounting teams that pulled out high-level details such as licensed products, payment terms, addresses and non-standard language, the release said.

With GPT-4 embedded across the platform, customers now will have the ability to instantly set up new extraction fields within minutes, as well as use AI capabilities in the tool to compare data such as party names, dates, and addresses, it said.

The enhanced platform also allows users to chat with their documents, according to Nadhamuni. For example, the platform could be asked to search revenue contracts for refund upon termination for convenience clauses.

This is a very damaging clause, because it means your customer can end the contract and be entitled to a refund, so you want to know if your contract has one of those, he said.

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Software vendors race to bet on ChatGPT craze - Legal Dive