The Tech Panda takes a look at recent tech launches.
AI: An advanced generative AI based solution to improve talent shortlisting
Xobin, a global HR technology company, has unveiled “AI Evaluation,” an advanced generative AI based solution. Xobin’s Subjective Answer Evaluation is now smarter and more efficient.
“Overall, Xobin’s AI Evaluation has the potential to revolutionize the recruitment process by making it faster, more efficient, and more accurate. This can help organizations find the best talent more quickly and with less effort, leading to better business outcomes and a more competitive position in the market,” said Xobin CEO Guruprakash Sivabalan.
The Why
The new AI-based solution can automatically rate the correctness of any text based or video answer, saving organizations valuable time and resources that would otherwise be spent on manual evaluation and grading. This technology has been designed to improve the talent shortlisting process, which is a critical step in the recruitment process.
Features
- Collect video answers from the candidates in the form of Automated Interviews and transcribe them to text using AI. The text would then be evaluated by Generative AI on a scale of 10.
- Improved Efficiency: By automating the talent shortlisting process, organizations can save a significant amount of time and effort, allowing them to focus on other critical aspects of the recruitment process. This can lead to faster, more efficient hiring and a more streamlined recruitment process overall.
- Reduced Bias: Manual evaluation can be prone to bias, which can result in unfair or inconsistent evaluation of candidates. By automating the talent shortlisting process, Xobin’s AI Evaluation can help reduce bias and ensure that all candidates are evaluated fairly.
- Cost Savings: Hiring can be an expensive process, and manual evaluation can be particularly time-consuming and costly. By automating the talent shortlisting process, Xobin’s AI Evaluation can help organizations save significant amounts of time and money.
EV: AI based SaaS solutions to help the EV sector
VTRO Motors launched ‘EV ecosystem incubator’, their pioneering AI based SaaS solutions, designed with suitable customization for both battery makers and EV vehicle manufactures. This AI based SaaS offering is the first of its kind to be developed in India and will help the EV sector to monitor battery consumption, battery life cycle, consumer usage patterns etc. and similar data points for EV vehicles, which will help manufacturers to improve customization, lower costs and become better connected to consumers. In addition to the software solutions, VTRO also has the scalable charging station infrastructure hardware solutions, which makes a complete implementable EV ecosystem package for any EV player to use. The entire offering will be rolled out in three phases over the next three – four months.
Pranit Parekar Co-founder & CTO, VTRO Motors Pvt ltd said, “When we developed the software solutions and the charging station infrastructure scalable model, we realized that it would be capital intensive and over strenuous for us to implement it all by ourselves. Secondly, the entire innovative solutions would remain only within our network and not benefit the community at large. So, we decided to pivot our strategy and add a layer of customization to the SaaS offering so that we can collaborate with other EV players in the market in order to build a more efficient, sustainable and economical EV ecosystem. Today we do not have any holistic market intelligence or real time reports on the usage and performance of EVs or batteries or intuitive tracker for consumer preference and needs. We hope our AI solutions will help bridge this gap of market insight in order to enhance the demand-supply chain. We plan to roll out the EV solutions program in three phases – first being an AI SaaS solution for EV batteries, followed by the solutions for EV vehicles and lastly the charging station hardware support.”
The Why
The EV sector in India is currently valued at $4B and expected to go to $20B over the next 5 years. The domestic EV batteries segment is valued at $1.5B and will hit $8B in the next 5 years. SaaS solutions will help in improving the overall EV sector and mobilizing the next phase of growth drivers for this burgeoning sector, especially its foray into the non-metros and Tier 3 – 4 markets.
Features
VTRO has developed a universal external AI enabled IoT module which can be fitted to any EV battery available in the market. This IoT module has a preset index of 15+ battery parameters to monitor and the company can customize as per their choice of parameters. The real time monitoring data will provide the battery manufacturers critical insights on the battery lifecycle, discharging pattern, consumer user pattern, etc. which will help in upgrading the batteries to suit the demand and needs of the consumer. This data will also help plot the overall performance and scope of innovation in EV batteries. This IoT module will predict the thermal runaway with Unique cell level tracking technology, which will help the industry to avoid fire incidents in future. As the number of batteries increases on machine learning platforms the data will give much more accurate predictions.
The next step of the rollout will be to modify the IoT module to track EV vehicle performance, allowing manufacturers to track real time insights on the durability and adaptability of EV vehicles on different terrains, the consumer usage pattern and possible modifications that can enhance the user experience. Phase three will be launching the charging & Swapping station hardware support which can be customized to the manufacturer’s requirement. VTRO plans to launch all the three phases over the next three – four months.
Blockchain: NFT marketplace for content creators, creative artists & collectors of NFT tokens
3DOT Corp., a young Indian blockchain technology company, founded in 2023 launched an NFT (Non-Fungible Tokens) marketplace for content creators, creative artists and collectors of NFT tokens.
The 3DOT NFT marketplace platform is designed to offer buying, selling, and trading of non-fungible tokens through its marketplace with user experience further enhanced by the 3DOT proprietary Initial Decentralized Offering (IDO). In terms of valuation at the point of the 3DOT marketplace launch, the Pre-Sale value is designated at US$ 500,000 with each token being 0.50 US$. The Floor Price or the Minimum price for the 3DOT token collection will be limited at 0.0002 ETH (Ether crypto) which at current Rupee Trading value would be pegged at INR 31.5.
The Why
3DOT Corp. has an ambitious roadmap for its growth and expansion with a vision to generate US$2 Million in terms of trading and a 40% annual growth rate. The company also plans to launch the marketplace in Bangkok, Thailand as part of the South East Asian marketplace expansion strategy, which is the highest area for crypto and NFT trading.
Features
- Offers Lazy Minting wherein the buyer can pay for the gas fee used in minting the 3DOT Non-Fungible Token as some creators may not have the money to pay for minting new tokens
- An easy publishes, bid and trade system, where all influencers promoting the project will get rewards in the form of 3DOT Tokens for their help
- 3DOT Tokens will be the dominant digital currency that is used for transactions in the marketplace
EV: An ideal E-Scooter for commercial deliveries
Quantum Energy, an electric vehicle (EV) startup specializing in the design, development, manufacturing and sales of electric scooters, has unveiled a new variant of Quantum Bziness, an ideal E-Scooter for commercial deliveries. The Quantum Bziness range starts at an attractive price of Rs. 99,000* and the company has tied up with key banks like HDFC, ICICI and some NBFC’s to make it attractive to fleet operators and last mile delivery companies.
Chetana Chukkapalli, Director, Quantum Energy Limited said “In India, sizable proportion of individuals who ride two-wheelers do so for purposes other than transportation, ranging from carrying goods to running businesses on two wheels. Recognizing the market gap, we at Quantum Energy intend to set new benchmarks in the micro-mobility industry by emphasizing reliability and security in our E-scooter. We launched Bziness at a low cost to make it available to a wide range of customers, including B2B fleet companies, last mile delivery companies, ride sharing companies and B2C as well. We are confident that our products, such as this two-wheeler, will be appreciated by hardworking Indians and position us as the industry leader in the segment.”
Features
- Powered by a 1200W high-performance motor that can reach a top speed of 55 kmph and easily accelerate from 0 to 40 kmph in just 8 seconds
- Range of up to 130* km (*depending on driving pattern) on a single full battery charge
- Remote Lock-Unlock; Anti-Theft Alarm; USB Charger; Disc Brakes; LCD Display
- Upgraded LFP battery
- Powerful headlamp
- Wider seat for comfortable rides
- Stronger cargo rack for multipurpose use
- Large flat footboard to carry more loads
- 12” long wheelbase for better stability and handling
- Covered by 3 years or 90,000 KM battery warranty
Data storage: all-flash, scale-out file and object storage software platform for the enterprise
Quantum Corporation (NASDAQ: QMCO), which provides solutions for video and unstructured data, announced Quantum Myriad™, an all-flash, scale-out file and object storage software platform for the enterprise. Leveraging advances in application frameworks and design that were not available even a few years ago, Myriad’s modern cloud-native architecture makes it an easy-to-use solution that overcomes the limitations of hardware-centric designs and enables customers to adapt to future storage needs while reducing the burden on over-extended IT staff.
“To keep pace with data growth, the industry has “thrown hardware” at the problem,” says Brian Pawlowski, chief development officer, Quantum. “Integrating feedback from customers, partners and industry analysts on what’s missing from current solutions in market, we took a totally different approach with Myriad, and the result is the architecture I’ve wanted to build for 20 years. Myriad is incredibly simple, incredibly adaptable storage software for an unpredictable future.”
“To power the next era of digital business, we need an evolution in storage that removes the constraints from yesterday’s data center,” said Dave Pearson, research vice president, Infrastructure Systems, Platforms and Technologies Group for IDC. “For new demanding workloads, low latency and tremendous IOPS are required, along with increased scalability and native cloud interoperability to power the next wave of applications.”
“Myriad is immediately relevant for many of our customers who are investing in all-flash storage systems,” said Troy Watson, vice president and general manager, Central Region, of Quantum partner Trace3. “It is a truly modern design and further strengthens Quantum’s portfolio of solutions for unstructured data. We look forward to partnering with Quantum to help bring this innovative solution to market.”
The Why
More than double the amount of data will be created in the next five years than was in the previous ten, according to IDC*. Yet most enterprises continue to store this data on systems that were designed 20 years ago and cannot take advantage of the latest flash and memory technologies available today. Even more recent all-flash file and object storage solutions rely on specialized hardware and won’t run natively in the cloud, leading to trade-offs, compromises, and complexity.
Myriad solves these challenges with an all new shared-nothing architecture designed for the latest flash technologies to deliver consistent low-latency performance at any scale.
Features
- An all-new, shared-nothing software architecture built for the latest flash technologies to deliver consistent, low-latency performance at any scale.
- A modern microservices architecture, orchestrated by Kubernetes to provide a resilient, “always on” architecture and deliver new features and fixes rapidly with less risk.
- Self-healing, self-balancing software for in-service upgrades that automatically rebuilds and repairs data in the background while also rebalancing data as the storage cluster expands, shrinks and changes.
- Automated detection, deployment and configuration of storage nodes within a cluster so a cluster can be scaled, modified or shrunk non-disruptively, without user intervention.
- Automated networking management of the internal RDMA fabric so managing even a large Myriad cluster requires no networking expertise.
- Inline data deduplication and compression to reduce the cost of flash storage and improve data efficiencies relative to legacy storage platforms.
- Simple data security and ransomware recovery with built-in snapshots, clones, snapshot recovery tools and “rollback” capabilities.
- Inline metadata tagging to accelerate AI/ML data processing, provide real-time data analytics, enable rapid creation of data lakes based on tags, and automate data pipelines and workflows.
- Real-time monitoring of system health, performance, capacity trending, and more from a secure online portal by connecting to Quantum cloud-based AI Operations software.
AI: Generative AI based solution for HR Subjective Answer Evaluation
Xobin an HR technology company unveiled “AI Evaluation,” an advanced generative AI based solution for the company’s Subjective Answer Evaluation. Xobin can now collect video answers from the candidates in the form of Automated Interviews and transcribe them to text using AI. The text would then be evaluated by Generative AI on a scale of 10.
The new AI-based solution can automatically rate the correctness of any text based or video answer, saving organizations valuable time and resources that would otherwise be spent on manual evaluation and grading. This technology has been designed to improve the talent shortlisting process, which is a critical step in the recruitment process.
“Overall, Xobin’s AI Evaluation has the potential to revolutionize the recruitment process by making it faster, more efficient, and more accurate. This can help organizations find the best talent more quickly and with less effort, leading to better business outcomes and a more competitive position in the market,” said Xobin CEO Guruprakash Sivabalan.
Features
- Improved Efficiency: By automating the talent shortlisting process, organizations can save a significant amount of time and effort, allowing them to focus on other critical aspects of the recruitment process. This can lead to faster, more efficient hiring and a more streamlined recruitment process overall.
- Reduced Bias: Manual evaluation can be prone to bias, which can result in unfair or inconsistent evaluation of candidates. By automating the talent shortlisting process, Xobin’s AI Evaluation can help reduce bias and ensure that all candidates are evaluated fairly.
- Cost Savings: Hiring can be an expensive process, and manual evaluation can be particularly time-consuming and costly. By automating the talent shortlisting process, Xobin’s AI Evaluation can help organizations save significant amounts of time and money.
Blockchain: Decentralized Identity & Domain Name System for users with an interoperable solution for their dApps
DApps.co has recently introduced its latest offering, the Decentralized Identity and Domain Name System, known as DApps Soul. This module has been launched on Polygon but provides users with an interoperable solution for their decentralized applications (dApps).
“We are excited to launch DApps Soul,” said Ms. Tarusha Mittal, COO and Co-founder of DApps Soul. “Our platform provides users with a secure and interoperable solution for their decentralized applications, enabling them to create and manage unique domain names that function as decentralized identities. With DApps Soul, users can access the Web3 world with ease, knowing that their identities are secure and their interactions with different dApps are seamless.”
The Why
The introduction of DApps Soul is poised to bring about a transformative impact on the Web3 and NFT media domain. This can be attributed to a multitude of attributes such as cross-chain accessibility, a user-friendly identity for the Web3 realm, a distinct and anonymous NFT for all blockchain-related matters, as well as the capacity to facilitate the hosting of websites that are resistant to censorship. Additionally, this NFT can be traded on the Opensea platform.
Features
- Users can create and manage secure domain names, which act as decentralized identities for their dApps, ensuring maximum security and efficiency.
- It is engineered to be blockchain-agnostic, allowing for effortless integration and interaction between various dApps and blockchain networks.
- Users have the option to register their domains on DApps Soul, which offers two subscription plans for domain registration: an annual plan and a lifetime plan.
Cybersecurity: Advanced capabilities to easily visualize risky exposures across hybrid environments
Cymulate, a cybersecurity risk validation and exposure management company expanded its Attack Surface Management (ASM) solution to close gaps between traditional vulnerability management and ASM. Organizations will now have advanced capabilities to easily visualize risky exposures across hybrid environments. The company achieves this by extending its coverage to include more attack surface discovery and added misconfiguration detection, Cloud-specific analysis, and vulnerability discovery. Previously only for external attack surface management, the new enhancements will analyze Active Directory, Azure, GCP, and AWS Cloud footprints for misconfigurations and remediable security concerns.
“Customers will immediately benefit from seeing gaps in their public-facing infrastructure and through attack path mapping to see how an attacker can traverse the network from on-premises to cloud and cloud to on-premises,” said Avihai Ben-Yossef, CTO and Co-founder. “This will significantly aid organizations in assessing how at risk their organization’s assets are.”
The Why
The driving factors for these enhancements center on the growing use of cloud computing, remote workforce, and third-party services; which are expanding organizations’ attack surface and creating numerous challenges in identifying and tracking assets across on-premises, hybrid, and cloud infrastructure; and in managing and securing all exposed assets. Additionally, the inability to evaluate risk posed by each asset, the proliferation of unmonitored assets such as legacy infrastructure and shadow IT add to the complexity of controlling networks; compounding risk, especially when scaling operations.
Vulnerability scanners are designed to identify, classify, prioritize, and remediate vulnerabilities that could be exploited – primarily from within the environment. Conversely, attack surface management has mainly focused on discovery of vulnerabilities from an external perspective. This Cymulate solution now closes the visibility gap needed to understand if an exposure has a viable attack path, if security controls detect and alert effectively, and validating that remediations achieve the desired risk mitigation. This brings exposure management to a new level that is more continuous and efficient for classifying and prioritizing the remediation of vulnerabilities.
Features
The Unified Attack Path Mapping and Analysis (UAPMA) will
- Support attack pathing and security validation across networks, Clouds, and identity systems, including Active Directory services
- Deliver a significantly more complete and detailed picture of viable attack paths and techniques than can be discovered when compared to performing such scanning operations only in one infrastructure or the other
- Factor in that interconnections, trusts, permissions, and other variables can change the path of an attacker in unexpected ways
- Provide the ability to clearly identify and see attack paths (displayed as graphs and detailed information), which delivers a quicker way to identify and close gaps without disrupting business operations
- The ASM solution expansion provides four new tool capabilities: Active Directory Misconfiguration Scanning, Cloud Misconfiguration Scanning, Vulnerability Scanning, and Unified Attack Path Mapping and Analysis (UAPMA). This provides more information than just what needs to be patched, and the ability to leverage information from more sources to determine the priority of each remediation action.
- When paired with Cymulate Breach and Attack Simulation (BAS) technology, security teams can also validate whether controls that sit in the attack path successfully detect and alert on threat activity; and where remediation is required, knowing where that remediation can best be performed to reduce any business disruptions. This combination further refines which vulnerabilities to prioritize and at what level of urgency.
APIs: A fast, accurate, & affordable automated transcription & subtitling capabilities solution for developers to integrate into any app or service
Agora, Inc. (NASDAQ: API), a platform for real-time engagement APIs, launched its Real-Time Transcription solution. The solution provides developers with the fastest, most accurate, and affordable automated transcription, and subtitling capabilities that can be easily integrated into any app or service.
“The launch of our new Real-Time Transcription solution provides instant audio transcription to developers and brands, allowing them to boost accessibility and discoverability for their end users,” said Tony Zhao, CEO and co-founder of Agora. “This powerful cloud-based technology is designed to seamlessly integrate with any app or service.”
“Any industry that is reaching their audience or customers through audio or video will benefit from Real-Time Transcription technology,” said Zhao. “We’re excited to see the impact our solution will have on improving engagement with audiences everywhere.”
The Why
Traditional transcription services face challenges which limit their value, such as inaccurate results when transcribing voice to text in noisy environments, not understanding heavily accented speech, and the inability to accurately transcribe real-time conversations between multiple people where there is overlapping speech. Agora’s Real-Time Transcription solution meets customer demand to solve these challenges while being more accurate and cost effective than other top speech-to-text vendors. Key features include:
Features
- Live Transcription: Transcribe real-time audio and video to include captions to improve audience reach and experience.
- Speaker Labeling: Easily label who said what with a speaker dropdown to ensure accurate speaker information with the transcription.
- Searchable Transcripts: Search for words, phrases, and themes across all transcripts. Leverage transcript as input to ChatGPT or other generative AI solutions.
- Recording Captioning: Play back audio or video recordings with closed captions (CC).
- Channel-Based Transcription: Transcribe with multiple active hosts in a channel and deliver a transcript to all participants while only paying for the channel duration—not the number of users or speakers.
FinTech: An app with access to all mutual funds from top asset management companies & cutting edge reports
BajajCapital, the financial services company launched its new mobile application the BajajCapital App, which provides a comprehensive investment experience by offering a complete 360 degree view of net worth of a customer. The app users get access to all mutual funds from top asset management companies and cutting edge reports.
Aabhinna Suresh Khare, Chief Digital & Marketing Officer said, “We have ensured that every feature of the BajajCapital App is meticulously crafted to provide a seamless, intuitive, and user-friendly experience. Catering to both novice and experienced investors alike, our app aims to be a comprehensive solution for all your investment needs. By providing a comprehensive view of one’s net worth and enabling goal-based investing in mutual funds, our One App reflects our unwavering commitment to delivering state-of-the-art financial solutions that simplify the investment journey for our valued clients”.
The Why
Investors can now easily manage their portfolios and take control of their financial future with just a few clicks. Everyone can benefit from the app’s unique features, such as the suggested scheme list, real-time updates, and full transaction reporting functionality, from beginners to seasoned investors.
Features
- User-friendly interface
- Intuitive design ensuring that first-time investors can effortlessly make investments
- Provides real-time updates on the performance of various mutual funds, allowing users to make informed investment decisions
- Goal based Investing, where the user can select the life goals and build the proper financial life plan
- Allows users to filter schemes based on their risk
- Integrated with the latest APIs, investors can access detailed fund insights, including sector-wise allocation, product allocation, returns over the past year, and more
- The ability for investors to initiate lump sum investments immediately from the scheme page, making it simple to invest with just a few clicks
- Various transaction choices such as selling, switching, or using the Systematic Transfer Plan (STP)
- Robust transaction reporting functionality to empower investors with a comprehensive summary of their mutual fund investments, ensuring that they stay informed about their investment performance at all times
