650-474 exam Dumps Source : PAISESE - Introducing Cisco Identity(R) Services Engine for System Engineer
Test Code : 650-474
Test title : PAISESE - Introducing Cisco Identity(R) Services Engine for System Engineer
Vendor title : Cisco
: 34 actual Questions
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Cisco is reworking the manner purchasers installation and manage Cisco united statesand Cisco Hyperflex systems. Intersight, a software as a provider (SaaS) management platform, delivered the advantages of connecting these techniques to intelligence and top-rated practices from Cisco permitting consumers to enormously simplify operations and nick back working charges.
guest Blogger: Jeff New, Intersight Product supervisorWhy enact i want the Cisco Intersight virtual equipment?
Some customers possess additional records locality and safety requirements for managing techniques even if on the side or in more customary facts centers that may besides no longer breathe practicable to entirely meet with SaaS delivered management. These customers possess imposing regulatory and compliance needs that require certain details about programs under management to stay inside the borders of international locations or on their premises.
For these consumers, further manage over the information assortment is integral. The Cisco Intersight virtual tackle makes it practicable for the extra control to specify what information is sent returned to Cisco with a lone factor of egress from your community.
The Cisco Intersight virtual tackle can provide this benefit whereas nevertheless retaining access to the extremely suited SaaS capabilities that Cisco Intersight can provide. We’ve additionally brought some features to the digital tackle form-ingredient to superior ensure that it matches reform into your ambiance.the artery it Works
We took the micro-services that provide the capabilities of the SaaS edition of Intersight and optimized them to accelerate in a straightforward to install VMware OVA hosted for your infrastructure. They besides used the equal device connector expertise embedded in their united statesand HyperFlex systems to facilitate a connection between that digital appliance and services running back in the Cisco cloud. your entire united states of americaand HyperFlex programs can now associate without delay to the virtual appliance, and you can handle what information about those systems is distributed returned to Cisco in response to settings you specify. This helps handle both government regulations in addition to firm selected records sharing preferences.
The Cisco Intersight virtual tackle requires a connection back to Cisco and Intersight services for updates and to bring one of the most product aspects. Updates to the digital tackle are automatic and applied perquisite through a person designated routine renovation window. This connection additionally allows the streamlining of Cisco TAC functions for Cisco usaand HyperFlex systems, with features infatuation automatic steer log collection.
The Cisco Intersight virtual appliance is a sparkling approach to providing on-premise techniques management functions, so they do collectively a brief video to extra define the digital tackle option and its merits.
additionally, tickle review the configuration video to peer how short and simple it's to installation and pick up begun with the Cisco Intersight virtual equipment.
To learn extra, together with how to down load and journey the Cisco Intersight virtual appliance for yourself, try cisco.com/go/intersight
Multi-cloud administration is total the rage. application agencies are racing to launch cloud management tackle that extend throughout Amazon web services (AWS), Microsoft Azure, Google Cloud Platform (GCP) and a imposing deal more.
So how can expertise companies climb certainly that noise? In Cisco programs’ case, the respond involves facts middle anywhere. The concept: build tools, structures and integrations that allow purchasers to movement and control records any region they need, in any information hub that they want.
Cisco captures the gross routine during this image:
Or as Nirav Sheth, Cisco’s VP of companion solutions, architectures & engineering places it:
“clients can now pick up delight from multicloud and facet entry that’s designed to handle any workload, in any region, and with any cloud formation. by moving statistics facilities closer to the apps on the ground, we’re additionally opening the door to deciphering statistics in actual time. This lets valued clientele to enact greater, which capability you convey superior price. records core anywhere is now workable at scale in your mid-sized customers to significant world corporations.”Cisco information hub anywhere: related applied sciences
That sounds elementary enough. however the technical underpinnings can pick up quite complex. To steer the records core anyplace imaginative and prescient, Cisco is introducing tools and technologies throughout networking, hyperconvergence, safety and automation. The lineup, the enterprise says, includes:
In many ways, Cisco data hub any region reinforces the business’s march towards subscription functions — permitting partners and consumers to pay as they go, as a substitute of paying lump prices usurp up entrance.
Of the foremost enterprise IT hardware suppliers — Cisco, Dell applied sciences, HP commercial enterprise and IBM — I harmonize with Cisco has been the most constant insinuate of habitual income alternatives for companions. Subscription capabilities, naturally, pressure these habitual salary opportunities. but that’s no longer enough.
Cisco and its competitors ought to besides create certain that total IT administration tools possess multi-tenant designs — allowing MSPs to exploit distinctive consumer techniques from a lone dashboard.
Cisco is making growth on that multi-tenant future for MSPs. Down within the SMB sector, the enterprise has been working with ConnectWise to empower MSPs. Up within the enterprise and global carrier issuer markets, offerings infatuation AppDynamics are making growth with MSPs.
nonetheless, there’s more scope for improvement on the MSP entrance. not total of Cisco’s IT administration tackle are multi-tenant, notwithstanding the enterprise is steadily relocating its numerous code bases in that course.
Plus, CEO Chuck Robbins continues to rally the company round ordinary revenues — and now the facts middle anyplace strategy. these are the usurp messages for companions. The becoming focus on multi-tenant techniques? That’s exactly the usurp next step.
recreational marijuana changed into legalized in Canada closing October. The smoke indicators are about to arrive on Wall street.
Two of the biggest publicly traded Canadian cannabis producers, Aurora cannabis Inc. ACB, -2.32% ACB, -three.40% and canopy boom Corp. CGC, -three.11% WEED, -three.40% , will free up income studies in the coming days that aspect earnings from the first quarter of felony income within the nation. After experiences of shortages and gauge provide-chain concerns in Canada’s most recent industry, cannabis buyers may espy less green and more purple after the numbers, notwithstanding pot stocks possess already arrive back closer to earth.
elsewhere, pix-chip company Nvidia Corp. NVDA, +0.fifty one% faces the music after twice slicing its outlook, and joins tackle trade enterprise utilized substances Inc. AMAT, -0.35% in checking out chip-sector volatility throughout the week. PepsiCo Inc.’s PEP, -0.07% file will role an introduction to the enterprise’s new chief government, and Activision Blizzard Inc. ATVI, -1.25% takes the joystick after a meltdown from different videogame publishers.
In all, sixty four individuals of the S&P 500 SPX, +0.07% are on the earnings slate, together with two Dow Jones Industrial regular DJIA, -0.25% accessories: Pepsi compete Coca-Cola Co. KO, +0.sixteen% and Cisco systems Inc. CSCO, +1.05%gaining information of about weed
For hashish companies, the primary quarter of prison weed income in Canada can breathe less concerning the pot and more concerning the paper. businesses infatuation Aurora — which has investments in loads of other pot groups — are going to present paper losses from the decline of their investments, whereas others might consume the maturation of their pot plant life to title income well before the weed is sold.
as soon as other producers, infatuation Tilray Inc. TLRY, -0.ninety four% and Cronos CRON, -eight.73% CRON, -8.28% , record salary, investors will possess a fuller picture of how the criminal recreational market is shaking out in Canada.
Aurora cannabis reviews before the bell on Monday whereas cover boom reports after the shut on Thursday.Chip indicators
Nvidia has preannounced terrible results for the smash quarter, however the company’s Thursday-afternoon revenue title will note management’s first discussion with the funding world because that Dangerous news. are expecting questions concerning the scope of Nvidia’s problems in China, the trajectory for its new Turing products, and the expertise for a rebound in the records-middle business. The business’s capital-return plans and charge self-discipline will besides breathe in hub of attention given a cloth drop in earnings, in accordance with Jefferies analyst note Lipacis.
Nvidia revenue preview: another shoe to drop for beleaguered chip maker
Semiconductor-machine company applied materials, besides reporting on Thursday, will commemorate within the footsteps of affiliates Lam research Corp. LRCX, -0.24% and KLA-Tencor Corp. KLAC, +0.11% both of which offered encouraging signals of an approaching industry healing a few weeks back.
however questions continue to breathe about the outlook for chip-equipment agencies. Evercore ISI’s C.J. Muse wonders if investors possess considered “the closing cut” in tackle build plans or if there’s yet another on the manner.greater videogame gloom?
Activision Blizzard might breathe the terminal foremost videogame publisher to file, and traders will find out if the trade is plagued by the equal concerns as opponents digital Arts Inc. EA, +16.05% and Take-Two Interactive utility Inc. TTWO, +0.seventy eight% In universal, the legacy publishers are struggling to adapt to a “Fortnite” world: EA admitted this past week that it can possess protected a “fight royale” alternative with its synchronous “Battlefield” launch. That’s a reference to the gameplay mode made widespread through Epic games’ free-to-play “Fortnite.” Activision’s revenue arrive Tuesday afternoon.Coke or Pepsi?
The beverage giants will submit lower back-to-returned reports this week, and Pepsi’s new chief govt, Ramon Laguarta, will create his first income-call appearance. A key focal point will breathe the business’s Frito-Lay North the us segment, as Deutsche bank’s Steve Powers spoke of there is often “colossal disappointment” on Wall street if Pepsi suggests any “wobble” in its healthiest business. Pepsi’s earnings are scheduled for Friday morning.
With Coke, HSBC Securities analyst Carlos Laboy is drawn to finding out if the enterprise is given that selling its fairness stakes in its bottlers, writing these days that the fairness-stake arrangement changed into devised “for decent reasons in a special era for purposes that no longer exist.” The enterprise posts outcomes on Thursday earlier than the market opens.Networking difficult or infrequently networking?
Cisco will supply a examine on claim for networking gadget with its Wednesday-afternoon record, which can provide mighty clues on the health of the tech ecosystem and global economy. The trade might besides possess considered superior-than-expected claim due to tariff effects in the January quarter, pointed out Piper Jaffray’s Andrew Nowinski, however these profitable properties may possess arrive at the cost of the latest quarter’s numbers. That skill there’s capabilities for a light outlook, he noted.
Cisco profits preview: Tariffs and claim could weigh on outlook
Rival Arista Networks Inc. ANET, +2.seventy five% follows day after today. The company has a historical past of offering profits ahead of its prior forecasts, and William Blair’s Jason Ader expects Arista to maintain that vein alive. There’s been concern about a slowdown in cloud capital expenditures, he spoke of, but “cloud titans” infatuation Amazon.com Inc. AMZN, -1.sixty two% and Microsoft Inc. MSFT, +0.38% confirmed electricity of their personal reviews.
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Archit Gupta, founder, ClearTax.com.CEO Archit Gupta, an alumnus of IIT-Guwahati and the University of Wisconsin, founded the company in 2011 with his chartered accountant father Raja Ram Gupta and brought on design and technology entrepreneurs Srivatsan Chari and Ankit Solanki as cofounders.
The platform is used by more than 1.5 million Indians to file taxes electronically. It has become accepted with businesses and is used besides by at least 10,000 accountancy firms. The business-to-business segment brings in 60% of the revenue.
ClearTax has received the backing of American startup incubator Y-Combinator as well as venture capital firms SAIF Partners and Sequoia Capital. PayPal cofounder Max Levchin, American entrepreneur Scott Bannister, and AngelList's Naval Ravikant possess besides invested in it.
With the goods and services tax set to rollout in June, online tax-paying platforms will breathe sought after as businesses seek clarity and ease in compliance.
ClearTax is developing applications for enterprises to breathe able to file taxes online. It aims to capture a significant number of the 8 million entities expected to climb on to the GST Network platform.
Founder Sachin Sinha, an IIT-Kanpur graduate, has nearly two decades of product progress suffer at Microsoft, Amazon, Jabong and Limeroad. In 2013, he took a year off to build a database engine with an analytics layer to provide insights in real-time. That engine became Iqlect the selfsame year.
Iqlect's product Ampere provides insights for consume in multiple applications, including for fraud detection in real-time. Within six months of product launch, the startup partnered with NxtGen and Cisco for its data hub solutions, which includes providing its analytics layer for applications, log and other Internet-of-Things devices.
Unlike other data analytics startups, Iqlect's go-to-market strategy includes offering data hub solutions to cloud providers to ensure larger enterprise reach. For its real-time digital fraud-detection solution, the startup is focused on signing great banks and payment companies as India embraces electronic transactions.
The startup in December hired Gayathri Krishna, previous executive director and partner at IBM, chiefly to attend it find clients in the fintech and banking, financial services and insurance sectors.
Amarendra Sahu, Jitendra Jagadev and Smruti Parida are total second-time entrepreneurs and batchmates from the National Institute of Technology, Suratkal. Fourth co-founder Deepak Dhar, who left his job at Citrus besides joined the team.
The home-rental network has over the terminal two years aggressively grown its footprint and focused on solving a major stitch point, which is bachelor accommodation with value-added services.
The company gets home owners living elsewhere to rent their apartments at a premium and ensures them timely payment. It takes a minuscule percentage of the rent as commission. Nestaway has raised more than $43 million in two years from investors, including Tiger Global and DST partner Fund.
Over the terminal two years, Nestaway has been aggressively and silently been growing their footprint in the rentals trade and the team has stuck on solving its major stitch point which is bachelor accommodation with value added services.
This year, the company is poised to raise more capital and breathe the undisputed market leader in the segment. The company is besides likely to expand its user basis to appeal to a wider audience and offer more premium services as it scales.
Former Flipkart employees Sujeet Kumar, Amod Malviya and Vaibhav Gupta co-founded the business-to-business marketplace in April. Malviya was CTO at Flipkart, in imbue of hiring data scientists to build the platform. Kumar was heading WS Retail, the largest seller on Flipkart, and Gupta was a partake of the company's analytics team.
Few startups can brag of having raised $10 million before launching their products or platforms.
Udaan secured the money from Lightspeed Venture Partners and Lightspeed India in November, riding largely on the reputations of its founders. Udaan seeks to simplify the trade of wholesale buying and promotion of new brands.
Renewed efforts by Walmart India, Amazon Wholesale and Alibaba to resuscitate their business-to-business platforms in India indicate exciting times for the sector, and Udaan's premise marks it as a potential winner. The market for B2B retail in India is estimated to grow to $700 million by 2020.
Viral B Shah, a co-inventor of the Julia programming language, was instrumental in framing the policies and developing the technology behind India's Aadhaar digital identity system.
He co-authored Rebooting India with Infosys co-founder and former Aadhaar chairman Nandan Nilekani, a book about using technology for sociable transformation. Julia Computing's other geeky cofounders are Deepak Vinchhi (COO), MIT Professor Alan Edelman (chief scientist), Jeff Bezanson (CTO-language), Stefan Karpinksi (CTO-finance) and Keno Fischer (CTO-tools).
Julia Computing, founded in 2015 by the creators of the Julia programming language, has offices in Bengaluru, new York, Boston, London and San Francisco. Julia is an open-source language for elevated performance technical computing and data science.
Julia Computing focuses on edifice products at the intersection of machine-learning and imposing data to resolve problems in areas such as algorithmic trading, self-driving vehicles, astrophysics, drug discovery and augmented reality. Partners comprehend IBM, Intel and Nvidia.
The startup plans to release the next version of its programming language--Julia 1.0--this year. This will breathe a major milestone for the Julia community and the startup as well. The company will besides focus on adding banks as clients this year.
It total started when Leo Mavely witnessed a motorbike accident in 2006. The BTech student in applied biotechnology employed everything he knew to stabilise the victim. But when it came to stanching the massive bleeding, he was helpless.
Mavely founded Axio in 2008 but kept it in stealth mode till 2014. The startup uses a natural biomaterial called chitosan, extracted from shellfish, to create a sponge-like dressing that stops bleeding within minutes.
Clients comprehend the Indian Armed Forces, the brim Security Force, the total India Institute of Medical Sciences, Apollo Hospitals and St John's Hospital. Axio has received funding from Accel Partners, IDG Ventures and GVFL.
Axio is raising more funds from investors that it will consume to expand this year in India and abroad. The startup is seeking to win contracts from military forces across Europe, the Middle East and Africa. It is besides in the process of introducing its kits for industries as well as into safety pouches in automobiles.
Sashank Rishyasringa and Gaurav Hinduja were batchmates at Stanford University in California, not far from Silicon Valley. There, they closely tracked the growth of companies such as Lending Club, which inspired them to develop a similar platform for India in 2013.
The non-banking financial company has disbursed more than Rs 1,000 crore worth of loans to about 6,000 merchants, ahead of many of its competitors. Its proprietary credit analytics software has helped hold defaults under 1%.
Last year, Capital Float opened an online marketplace for NBFCs and banks to sell their products. It is backed by Sequoia Capital, Aspada, SAIF Partners and Creation Investments Capital Management.
Capital Float plans on expanding to 150 cities and introducing more products this year. The alternative lending and credit market is expected to receive a boost this year as more merchants and individuals adopt digital transactions, prodded by a government determined to curb cash trades.
Rakesh Deshmukh (CEO), Akash Dongre (CPO) and Sudhir Bangarambandi (CTO) shared a passion: to build an operating system for smartphones that's rooted in regional languages. Thus came Indus OS.
With internet connectivity improving across the country, the number of smart phone users in India is rapidly increasing. Indus OS (previously FirstTouch) provides a complete local language ecosystem for smartphones.
The OS powers more than 50 smartphone models, including those of Micromax, Intex, Karbonn and Celkon that sell widely in minuscule cities and towns. It has more than 6 million users across India and Bangladesh.
Indus is the most used smartphone OS in India behind Google's Android. It registers nearly 400,000 activations every month, which the company expects to double in 6 months. In 2015, Indus OS received $5 million in funding led by Omidyar Network.
The company will launch its next version, Indus OS 3.0, this year, just as telecom operators increase focus on expanding network connectivity in minuscule cities and towns. It besides plans to partner with Chinese smartphone brands.
Vishal Gupta came up with the concept for Seclore's digital rights management product while working on a similar product that would allow enterprises control over confidential documents shared with others.
The IIT-Bombay alumnus had previously cofounded sales management platform Herald Logic with Abhijit Tannu, a graduate of IIT-Kharagpur. They sold Herald to an Australian firm in 2009 and incorporated Seclore in 2010. It was incubated at IIT-Bombay.
Seclore's product allows companies to control access over digital documents and the information they partake with others by restricting rights to, say, copy a file or modifying its content. This gives businesses control over their data even if these are residing in a vendor's computer. Marquee clients comprehend HDFC Bank, Deloitte, Tata Group and Aditya Birla Group. In May, Seclore raised $12 million from Sistema Asia Fund.
Since October, Seclore has signed contracts with the Ministry of Defense and the Union finance ministry for three multi-million dollar security-based projects. With recent government initiatives pushing the country towards enhanced measures in terms of securing digital infrastructure, the company foresees huge claim from financial services, manufacturing and engineering companies this year.
Former McKinsey employees Deepak Garg and Gazal Kalra started the company as a relay service for drivers to reduce the turnaround time in long-distance deliveries by road. Garg is a mechanical engineer from IIT-Kanpur. Kalra graduated from IITDelhi and has an MBA from the Stanford Graduate School of Business.
In a highly unorganized trucking market, Rivigo has a technology-driven product with driver-friendly policies, ensuring loyalty to the platform. The company has invested heavily to own a fleet, ensuring complete control and monitoring freight movement in real-time. Warburg Pincus invested nearly Rs 500 crore in Rivigo in November.
The rollout of the goods and services tax will necessitate a reconfiguration of warehousing and distribution networks, which will provide a fillip to trucking companies such as Rivigo. The lone tax structure will attend the trucking industry increase efficiencies as the waiting times at state borders drop. Among the handful of startups in the long-haul truck transportation sector, Rivigo has an edge because of its relay model of driving to achieve shorter delivery times.
Lizzie Chapman (CEO), Priya Sharma (CFO) and Ashish Anantharaman (CTO) were colleagues at British digital lending company Wonga.com and had travelled to India in 2011 to scout for trade opportunities for it. Their research gave them enought intuition to start their own venture in 2015.
ZestMoney allows customers of online ecommerce platforms--35, so far--to pay for their purchases in monthly instalments even if they enact not possess credit card histories. The company is backed by eBay founder Pierre Omidyar's Omidyar Network and Ribbit Capital.
ZestMoney is planning expansions this year through partnerships with more ecommerce and fin-tech companies and is working to attend customers consume credit in different avenues through new products.The company is expected to raise series-A funding from PayU and existing investors Omidyar Network and Ribbit Capital.
The concept for this local-language sociable networking app came about when IIT-Kanpur alumni Farid Ahsan, Bhanu Singh and Ankush Sachdeva launched a debating app in English and found it to breathe too elitist. They launched ShareChat in October 2015 as a platform for sharing content in local languages.
The app is something of a cross between Instagram and V-Chat.It allows users to create and find content in their preferred languages and partake these with others on mobile messaging platforms such as WhatsApp. Lightspeed Venturesfunded ShareChat has 400,000 daily users, many of whom disburse up to 3 hours on the app conversing in Bengali, Odia, Bhojpuri and other local languages.
From more than 5 million registered users presently, ShareChat aims to grow to 25 million users this year as it adds more regional languages and dialects. Once the company reaches that target, the founders will seek to monetize through advertisements.
Founders Mukesh Bansal and Ankit Nagori were former Flipkart top executives. Bansal had sold his online vogue retailer Myntra to Flipkart and was heading commerce at the online marketplace. Nagori was one of Flipkart's earliest employees and was responsible for scaling up categories across the company.
CureFit raised the largest series-A funding terminal year--$15 million from Accel Partners, IDG Ventures and Kalaari Capital. The company is experimenting with an online and offline coalesce of preventive healthcare solutions, which includes a chain of fitness centres under the brand Cult.
This year, CureFit will launch a slew of products as well as raise fresh funding.The company plans to breathe a combination of engagement, coaching and delivery models through a coalesce of online and offline channels addressing curative healthcare.
Rishi Mukherjee, Saransh Singh, Sattvik Mishra, Suparn Pandey, Debarshi Banerjee and Sriparna Tikekar knew each other from their days at the Indian Institute of Mass Communication.They came together again in 2013 to set up ScoopWhoop.
The cofounders, fans of digital content publications such as Buzzfeed and Upworthy, decided to create a digital media platform focused on Indian youth. ScoopWhoop produces short videos, documentaries, listicles and intelligence ar ticles, covering everything from intelligence stories to pop culture trivia. The website is doing more than 30 million users a month, and over 3.5 year since its launch, the website has drawn in more than 800 million visitors.. Most other digital media websites man age 100,000-200,000 visitors in a year.
This year, Kalaari Capital-funded ScoopWhoop will venture deeper into creating non-fiction programming, covering city-based intelligence and regional language content. The company's recent acquisition of Touchfone will allow it to offer video-streaming services in minuscule cities and towns. It will besides allow for t personalized content, based on which advertisements can breathe targeted to each user.
Dharmil Sheth and Dhaval Shah possess known each other since school. While Sheth went on to become an engineer, Shah trained to breathe a doctor. Their shared wish to consume technology for healthcare led them to start Pharmeasy in 2015.
Pharmeasy takes medicines and diagnostic services to homes. Presently, it delivers medicines in Mumbai, Delhi, Kolkata, Bengaluru, Pune, Ahmedabad and Jaipur and diagnostic services in Mumbai, Delhi and Kolkata. The startup recently raised $17 million from Bessemer Venture Partners, Orios Ventures and Aarin Capital, besides pharma distribution player Ascent.
E-pharmacies are anticipated to breathe the next imposing thing in the healthcare space, and Pharmeasy already has made headway. With its recent funding, the startup wants to expand deeper in every city it operates in. The company plans to interpose its medicine delivery service in Chennai and Hyderabad and expand its diagnostics services to cover Bengaluru, Pune, Ahmedabad and Jaipur this year.
CREATORSCEO Sudheer Koneru, who was with Microsoft for over a decade, got involved in the wellness industry when he invested in frill health club brand Latitude that hospital chain Apollo group later bought. Sensing potential for end-to-end cloud-based software solutions for spas and saloons, Koneru started Zenoti in 2010.
Zenoti enjoys a monopoly in India, counting great chains including Lakme, O2, Enrich, Kaya Skin Clinic, and Four Fountain Spas among clients. It is present besides in the Middle-East, Southeast Asia and US markets.
The company's annual recurring revenue in 2016 was $7 million-$ 10 million. The startup terminal year raised $15 million from Norwest Ventures and Accel Partners.
Zenoti, which currently works only with great spa and salon chains, is increasing focus on smaller businesses running twothree outlets. The company, which registered a 150% climb in revenue in 2015, is targeting similar growth for this year.
After Brainvisa Technologies, Supam Maheshwari cofounded his second trade venture, BrainBees Solutions, in 2010 with Amitava Saha. The company, which owns infant and maternity brand FirstCry, expanded its logistics business, XpressBees, in 2015 to serve other ecommerce firms as well. Saha steers this last-mile logistics startup.
XpressBees raised Rs 85 crore from existing investors SAIF Partners, IDG Ventures and others in February 2016 to expand its operations. The company has built capacity to handle about 100,000 orders a day in a much more capital efficient manner as compared to rivals.
The company will launch warehousing and related services this year to pick advantage of an expected 20% increase in ecommerce shipments this year. After Snapdeal-backed Gojavas was shuttered terminal year, there is latent claim in the ecommerce-focused logistics sector. Also, as online marketplaces optimize their supply chains to align with the goods and services tax, they are expected to shift loyalties from unorganized logistics firms to startups such as XpressBess.
(Reporting by Payal Ganguly, Shadma Shaikh, J Vignesh, Mugdha Variyar, Aditi Shrivastava and Shashwati Shankar)
It's a gelid day in late November. Two men are getting ready to board a plane bound for Southeast Asia at San Francisco...
International airport. In their luggage is millions of dollars worth of stolen trade secrets. These pilfered project designs, manuals, CDs, floppy diskettes and third-party licensed materials will allow nefarious alien buyers to unlock the secrets of the most innovative U.S. companies, and aggressively compete with them on the open market. But just as the men are about to step onto the plane, they are arrested by a joint FBI/Computer Hacking and Intellectual Property (CHIP) investigative team.
It sounds infatuation an episode of a television crime drama. Yet this actually happened in 2001, when two men tried to flee the country with trade secrets stolen from a few of the biggest names in Silicon Valley. In this case, the criminals were stopped in their tracks, but theft of trade secrets is a growing and evolving problem, says Matt Parrella, assistant U.S. attorney and chief of the San Jose branch of the U.S. Department of Justice's CHIP unit.
"It's growing in terms of the number and types of trade stealthy cases we're prosecuting," he says. "Three to five years ago they saw physical manuals being stolen, whereas today digital versions of schematics, data sheets, manufacturing processes and source code are at risk. And the number of complaints being filed and investigations pursued are dramatically on the rise."
According to a 2006 report from the office of the United States Trade Representative (USTR), U.S. businesses are losing approximately $250 billion annually from trade stealthy theft. Federal law enforcement officials yell the most targeted industries comprehend biotechnologies and pharmaceutical research, advanced materials, weapons systems not yet classified, communications and encryption technologies, nanotechnology and quantum computing.
What companies hear about in the media is "probably just the tip of the iceberg," says Randy Sabett, a partner at Sonnenschein Nath & Rosenthal in Washington, D.C., and a member of the firm's information security and intellectual property practice group. "There are probably a unbiased number of situations where people don't even realize their trade secrets possess been stolen."
The Crown JewelsIntellectual property (IP) is ex-tremely vital to the U.S. economy. As of 2003, IP accounted for approximately 33 percent of the value of U.S. corporations, or more than $5 trillion, according to Stephen Siwek, principal at Econo- mists Incorporated, a consulting firm based in Washington, D.C. Yet many companies are ill prepared to adequately protect their IP in the kisser of increased attempts to hook it.
At least partake of the problem is due to economic pressure on U.S. firms to control costs, says Abe Michael Smith, CSO at Xilinx, a digital programmable logic device maker based in San Jose, Calif. As more enterprises outsource partake or even total of their research and progress and product progress activities to overseas partners, there is far greater risk that vital information can slip through the cracks. And establishing overseas divisions that play a significant role in developing IP can breathe risky when stout IP laws enact not exist within those countries. "Balancing the exigency for improving profit margins with the kind of security required to adequately protect IP can breathe very difficult," says Smith.
Moreover, the unique characteristics of trade secrets create companies particularly vulnerable to their loss.
"Once a trade stealthy is out of the bag you can't pick up it back in," says Sabett. "If you are talking about something infatuation source code, that represents the crown jewels of the company. And when its status as a trade stealthy is gone, it's gone."
Worse, it can pick years until a trade stealthy theft is detected, says Smith: "You wouldn't even know it [your IP] was missing for five years, when a competitor would suddenly interpose a product that sold for one-third to one-fifth of the charge of yours."
And it is vital to note that trade secrets are vulnerable not just to malicious theft but besides to adventitious leakage in the classic course of business. For example, an engineer who has not been properly trained in what constitutes trade secrets might create a seemingly innocuous conference presentation that includes them.
Putting the 'Secret' in Trade SecretPart of the intuition U.S. firms are struggling to protect IP is a widespread misunderstanding of what a trade stealthy is, and what legal protection it possesses.
A trade stealthy is a nature of IP that represents an organization's intangible assets. Unlike tangible assets such as land, buildings, office tackle or manufacturing equipment, intangible assets cannot breathe seen or touched and are created not by physical materials but by human labor or thought.
According to the Uniform Trade Secrets Act (UTSA), trade secrets comprehend formulas, patterns, compilations, program devices, methods, techniques or processes. They besides can breathe diagrams and flow charts, supplier data, pricing data and strategies, source code, marketing plans and customer information. So varied are the things that can breathe considered trade secrets that your employees may not even know when they are handling them.
For organizations that depend heavily on commercializing the product of their R&D activities, trade secrets are particularly important. Patents are equally important, but trade secrets vary from patents in a significant way. They are--as their title implies--secret. Whereas patents portray a set of exclusive rights granted by the government in exchange for the public disclosure of an invention, a trade stealthy is internal information or information that a company claims it solitary knows, and which is a valuable intangible asset.
While patent owners possess certain legal protections from anyone using their patents without permission, companies are responsible for proving they possess the perquisite to legal protection of their trade secrets. According to the UTSA, your company must demonstrate that the specific information or information is not generally known to the public, therefore it derives independent economic value; and that you possess made reasonable efforts to create sure the information remains secret.
A trade secret's validity can only breathe proven via litigation; there's no automatic protection just because your company believes it possesses one. Ironically, a trade stealthy must breathe stolen or compromised before you can attempt to demonstrate it is legally a trade secret. Once in litigation, your company must convince the court of three points: secrecy, value and security. Inevitably, the most difficult component to demonstrate is that your company had reasonable controls in region to protect the secrecy of the IP in question.
"A successful prosecution requires that you prove you took sufficient steps to protect your trade secrets," says Joseph Schadler, an FBI special agent. "This includes everything from putting banners on computers, to having secure logons, to requiring NDAs [non-disclosure agreements], to controlling physical access to a room."
Unsecured SecretsWhy are many companies not sufficiently protecting their trade secrets? Aside from not fully understanding what a trade stealthy is, many possess not identified their own trade secrets. Even if they have, a lot possess not determined where in the organization their secrets are, in what profile they exist (such as digital or paper) and by whom they are used.
"If your employees don't know what to protect, how can they protect it?" says Christopher Burgess, senior security adviser to the CSO at Cisco Systems.
Additionally, some companies do a priority on innovation rather than security. "The smaller tech companies in particular exigency to breathe very nimble, so the focus in the executive suite is on product progress and customer service rather than protecting IP," says Parrella of the CHIP unit.
Even with the IP protections many Fortune 500 companies possess in place, trade secrets continue to leak out. Weaknesses in security procedures, inherent vulnerabilities within trade processes, disjointed risk management programs and ineffective education and awareness programs total contribute to this problem.
All too often, senior management teams, boards of directors and senior executives are lulled into a False sense of security about trade secrets. Largely this is due to misunderstanding the legal protection for trade secrets, coupled with being organizationally buffered from the daily operations security managers face.
"When they discourse to victims, they are finding out that the people responsible for security on R&D projects are not at the C-suite level, so that magnitude of the risk is filtered out by the time it gets to the top of the organization," says Parrella.
Furthermore, many organizations believe that they mitigate the risk of trade stealthy theft via contractual agreements such as NDAs and confidentiality agreements, but this simply isn't the case. Although vital to possess in region from a prosecution standpoint, these agreements are not particularly efficacious at preventing theft, says Schadler: "The sort of people who want to hook the trade secrets are not going to feel bound by an NDA."
And while a company might possess a stout IP protection program on paper, it can pick up in the artery of employees doing their jobs effectively. A related problem is that the corporate culture may breathe at odds with IP security directives and employees simply ignore them. IP protection done wrong creates a barrier to creativity, which is what makes U.S. companies such imposing innovators.
Technological SolutionsEssentially, a trade stealthy is just another piece of corporate information. infatuation total information, it has a lifecycle--it is created, used, shared, stored and eventually destroyed.
What makes protecting a trade stealthy challenging is how it changes profile and proliferates through the organization during its lifecycle. It may start as a chemical process written in a lab notebook, at some point breathe recorded in an electronic document, become a set of discrete tasks in a manufacturing process and eventually breathe combined with other IP to profile a product. Each of these forms--manual, digital, process, product--may possess different lifecycles. At each point, the IP may kisser different risks that must breathe examined and, where appropriate, mitigated.
Various products can attend protect trade secrets and IP data that exist in digital form, during certain points in the data's lifecycle. There are emerging technologies that monitor the movement of structured and unstructured data and implement actions on the data based on custom policies. These products from vendors such as Orchestria and Vericept drudgery at the network and desktop levels, and can monitor movement, obviate data from being copied from the originating application to external sources--for example, USB drives--and attend classify data as requiring more or less protection.
EMC's Infoscape can attend inventory unstructured data, such as Microsoft Word documents, Adobe PDF files and various spreadsheets, and besides classify it based on a company's data classification scheme. Complementary EMC products offer secure storage and archival of data. Sun Microsystems' Identity Manager can provide a foundation for controlling what systems people are given access to and what roles they are given within an application based on company-defined policy. Sun besides offers integrated solutions for secure data storage.
In addition, there are products from companies such as PGP and Entrust to protect mobile data with combinations of file-level encryption and access controls on physical interfaces to the mobile device. Finally, vendors such as Adobe possess developed enterprise rights management (ERM) products designed to provide data protection--specifically IP--across trade processes and organizational boundaries.
Adobe offers products designed to securely capture, process, transfer and archive information, both online and offline. John Landwehr, Adobe's director of security solutions and strategy, believes that the best protection of sensitive data happens at the document level: "Given the range of devices that IP can live on--from desktops, to laptops, to PDAs and mobile phones--we believe that the only viable artery to persistently protect that information is if the protection travels with the document."
However, a word of caution about some of these products designed to protect confidential data: Because the vast majority are based on rule-set driven engines, the number of False positives they generate can breathe significant.
Protective StepsDespite the increasing sophistication of technology, there's no magic bullet for protecting IP. "There is no absolute 100 percent foolproof artery to protect trade secrets," says legal expert Sabett. "You could disburse total your time and money on technological protections and yet your trade secrets could breathe flowing out of the organization in total sorts of other ways."
An efficacious protection program must comprehend a number of strategies, including educating employees, contractors and partners about what constitutes trade secrets; establishing the perquisite governance model (policies, roles and responsibilities, enforcement); process-level controls and procedural, physical and technical controls to minimize risk to a even acceptable by management.
The first step to protecting your trade secrets is to identify them through interviews with the trade process owners and document them. Next, assay how much these trade secrets are worth. Although this is just a snapshot that will change over time, it's essential for edifice a trade case to obtain the funding to do protections in place. Having this valuation is besides vital should a theft actually occur. "It's a complicated process to enact this, but a critical component for prosecutors," says the FBI's Schadler. Then, rank the trade secrets according to their value as well as the threats, vulnerabilities and resulting risk.
A comprehensive education and awareness program is a critical step; some experts argue that it's the most vital one. "Education and awareness is your first and foremost practical solution for protecting trade secrets," says Cisco's Burgess. Landwehr of Adobe agrees: "Whatever technology you settle to implement, it won't breathe efficacious unless you besides possess a device to educate users."
Finally, your company should define programmatic, compliance and operational metrics to measure the performance of your trade stealthy protections against key indicators. Without the metrics, you will not know whether you are effectively protecting your trade secrets.
Everyone agrees: Not doing anything to protect your company's trade secrets is simply not an option anymore. The U.S. Department of Justice is making it a first order of business.
"The prosecution of IP theft cases--specifically trade stealthy theft and economic espionage--is a priority for the CHIP unit and is critical to the economy of Silicon Valley and indeed to the nation's security," says Parrella.
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