Distinctly different from other digital initiatives, the new e-auction portal, e-RaKAM, launched jointly by the Kolkata-based MSTC Ltd and Central Railside Warehousing Company (CRWC) Ltd, in New Delhi, will not only help farmers get reasonable price for their produce, but also save them the effort of carting the produce to the mandi.

CWRC, a subsidiary of the Central Warehousing Corporation Ltd, will provide logistics support for sellers and buyers in case they need it.

The initiative builds on MSTC’s earlier experience in providing support to farmers in the North-Eastern States to sell their produce in other parts of the country.

“Our office in Guwahati has been helping farmers’ cooperatives in the North-East sell produce like ginger, pineapple, hill grass and black pepper during the past one year,” said MSTC Chairman and Managing Director BB Singh.

Talks with retailers

“We are in talks with fruits and vegetable retailers like Mother Dairy and Grofers and are encouraging them to participate in our e-auction to procure fruits and vegetables from the North-East. Some of them have shown interest,” Singh said. “We are confident that we can eliminate many layers of middlemen through this online auction process and thus help deliver better price to farmers for their produce,” he said.

The challenge, however, is that vendors want the produce to be delivered to their retail shops in different parts of a city or region.

That requires micro-managing of logistics, he said.

For instance, Mother Dairy was keen to bid in an e-auction for pineapples from the North-East, but wanted them delivered at its 150 outlets across Delhi, Singh added.

Other auction plans

Apart from perishable commodities, e-RaKAM plans to get into online auction of other agricultural produce like cereals, pulses and oilseeds. “In fact, our maiden e-auction – which is still to get final approval – was for pulses that are lying in the warehouses of NAFED. NAFED has a total of 20 lakh tonnes of pulses to be sold off. For a start, we have been able to auction a small quantity of pulses,” Singh said. “This is the first-ever widespread e-market platform for Indian farmers, who have been trapped in a vicious cycle of intermediaries and low margin,” said CRWC Managing Director KU Thankachen. Talks were on with various State governments that have shown an interest in transferring a part of their procurement to e-RaKAM, he said.

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Credits : Reseller

Credits : Reseller


Auckland-based inventory management systems developer Unleashed Software has won $7 million of Series C investment from venture capital company Movac.

Unleashed develops software-as-a-service (SaaS) inventory systems for wholesale distributors and manufacturers.

“We have been building our core product and markets for eight years now and the market now feels like it is really starting to embrace cloud based applications,” Unleashed Software CEO Gareth Berry said.

Although there are a large number of capital providers in the Australasian market, Berry said Movac was the best choice due to their deep SaaS knowledge, experience building global high growth companies and alignment with Unleashed’s core values and strategies.

In 2015, Unleashed raised $4.5 million, partly funded by exiisting investor and MYOB founder Craig Winkler.

Unleashed estimates there are over five million wholesaler-distributors and manufacturers that the business could provide the ‘system of record’ to – it currently services customers in over 88 countries.

The funds will go towards developing of the next generation inventory management software and support the global growth of the company.

Movac partner Mark Stuart, who will now join Unleashed’s board, said the company had been following the progress of Unleashed and been impressed with their proven model and strong customer base.

“They have built a great product and sustainable business with very efficient use of capital, and we are looking forward to working with the team to help them achieve their aspirational goals to be the global standard for inventory management,” he said.

Berry said New Zealand and Australian markets have been early adopters of cloud based software solutions, however, Unleashed is also see opportunities in the UK and the US where businesses are starting to migrate and adopt best in breed solutions to run their businesses.

“This presents an amazing opportunity for us, with a substantial amount of growth in our businesses forecast to come from the northern Hemisphere over the next few years,” Berry added.

Credits : Caixinglobal

Credits : Caixinglobal


Apple Inc. said it is working on a fix for its iPhone X smartphones, after reports that their screens are unresponsive when cold, but did not comment on a green line some have reported seeing on the model’s screen.

“We are aware of instances where the iPhone X screen will become temporarily unresponsive to touch after a rapid change to a cold environment. After several seconds the screen will become fully responsive again. This will be addressed in an upcoming software update,” Apple said in a written statement to Caixin.

The response came after many users, including in China, reported the screen malfunction. A Sina Weibo user who goes by the screen name Dongtiangezhu told Caixin that his iPhone X screen once stopped working for two to three seconds when he was in a northern China city where the temperature was between -1 and -2 degrees Celsius.

Some users have also complained about a mysterious green line that runs vertically along one side their iPhone X’s screen, but Apple didn’t respond to Caixin’s request for comment on this matter.

The iPhone X, which was released Nov. 3 and costs 8,388 yuan ($1,263) in China, is Apple’s first handset to feature an organic light-emitting diode (OLED) screen, which allows a greater contrast ratio and responds more quickly than a conventional liquid crystal display (LCD). But OLEDs are less stable than their LCD counterparts.

Apple has said that all iPhones can operate properly between 0 C and 35 C, and should be stored between -20 C and 45 C.

“Low- or high-temperature conditions might cause the device to change its behavior to regulate its temperature. Using an iOS device in frigid conditions outside of its operating range might temporarily shorten battery life and could cause the device to turn off,” according to Apple’s website.

Other smartphone-makers have set similar temperature ranges. For example, Huawei’s latest model — the Mate 10 — can work properly between 0 C and 35 C, and users have reported that their phones shut down if it is too cold.

In 2016, the news portal of internet giant NetEase Inc. compared the durability of six smartphones, including iPhone 6, iPhone 6s, iPhone 5 and models made by Chinese firms Huawei and Xiaomi. It found that iPhone 6 was the first to shut down at 0 C, within 29 minutes, while Huawei’s Mate 8 model consumed the most power at this temperature.


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Credits : Businessworld

Credits : Businessworld


Software development, sales, business management and marketing related jobs are currently the most desirable jobs in the Indian job market, as per the employee assessment report by Aspiring Minds.

Aspiring Minds, the global leader in employability assessments, recently released the Skill Map – India, showcasing demand for different job roles and skill sets in India.

Aspiring Minds analyzed more than 10 lakh jobs openings spread across the country and matched them with 90 job skill sets, spanning cognitive and soft skills.

Commenting on the report, Himanshu Aggarwal, CEO &co-Founder, Aspiring Minds said, “Skill Map – India is a system that reports current job and skill demand. As India transitions its demographic dividend to a 21st century workforce, skill mapping is a key in determining where to invest our efforts and capital. The government skill ecosystem including NSDC, state skill missions and rural development efforts, can use this alarming information to choose the right areas to invest their capital and efforts.”

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Credits : Americanmachinist

Credits : Americanmachinist


Symmedia — a big player in factory digitalization — will offer digitalization capabilities to machine tool builder, buyers.

Machine tool developer and manufacturer GF Machining Solutions is buying Symmedia GmbH, a privately-owned software developer that specializes in machine connectivity systems. Connecting machines with security is “the basis of the future development of industrial processes,” according to GF’s statement, in which it also described the acquired company as “a key player in factory digitalization.”

GF Machining Solutions CEO Yves Sera noted that Symmedia will “allow us to speed up and widen the range of the digital solutions we offer to our customers.”

The value of the purchase was not revealed.

Other machine tool builders and CNC developers are making similar efforts to customize their technologies’ digitalization functions and capabilities. For example, in addition to developing connectivity programming and devices, Mazak is adapting its manufacturing network to take advantage of the Industry 4.0 initiative.

GFMS is widely recognized for its high-performance milling machines and electric-discharge machines. Notably, however, last year it acquired Microlution Inc., a Chicago-based developer of micromachining products incorporating milling and laser technologies. Now, it emphasizes that adding Symmedia is a move “in line with its strategy to digitalize its offering.”

Symmedia has 60 employees, and it has developed program software for more than 15,000 machines over 20 years in business.

It will continue to support and develop connectivity solutions for all types and all brands of machines and factory equipment, and GF Machining Solutions will use Symmedia technology to accelerate its digital transformation by offering complete solutions for factory connectivity in industrial environments.

Symmedia will retain its current management and headquarters in Bielefeld, Germany.

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Credits : sitepoint

Credits : sitepoint

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