Airtel & Nivio Launch Net PC – A low cost online computer at Rs. 7999

*  A next-generation computer that never goes obsolete and never crashes
* 10 GB data storage space from Nivio, original and latest software from Microsoft with every Net PC
* Ready-to-use online computer complete with 15” LCD monitor, Keyboard, Mouse and Nivio Companion
* Available at Airtel Stores and NEXT Electronic Stores in Delhi, Gurgaon and Noida

Bharti Airtel, Asia’s leading integrated telecom service provider, today announced its entry into the cloud computing space with the launch of Airtel Net PC – a low-cost online computer for its broadband customers. The Airtel Net PC is a ready-to-use computer – inclusive of a 15 inch LCD monitor, keyboard, mouse and Nivio companion – offering just about everything a PC does at a fraction of the cost. It is available at only Rs. 7999 exclusively for Airtel broadband customers in Delhi, Gurgaon and Noida.

Speaking on the occasion, Mr. K. Srinivas, Joint President -Telemedia Services, Bharti Airtel said, “Airtel’s entry into the space of cloud computing, with the launch of the Net PC, is part of our strategic intent to remain focused on enhancing the broadband experience for our customers by offering innovative and collaborative products. This comes close on the heels of our other innovations that include the recent launch of Airtel Online Desktop and the pioneering of 16 Mbps high-speed broadband in the country.”

“With the Airtel Net PC, we bring a computing product for our broadband customers that is low-cost, secure and on-demand – a timely offer that will help them control costs and increase productivity” he added.

The Airtel Net PC – powered by Nivio and Microsoft – brings many advantages:

·        Provides a friendly Operating System with the Windows-based Online Desktop

·        10 GB space to store documents, photos, presentations at a central location

·        100% data security assures no loss of data or computer crash

·        Regular original software upgrades resolves the fear of obsoletism and escalating cost

Airtel broadband customers can purchase the Airtel Net PC by choosing from 3 entry packs –

1.         Home Pack – which at Rs. 699 per month gives an Airtel broadband connection at 256 Kbps speed with 3 GB Data Transfer PLUS an Online Desktop service with 10 GB storage and MS Office standard

2.         Professional Pack – which at Rs. 899 per month gives an Airtel broadband connection at 256 Kbps speed with 3 GB Data Transfer PLUS an Online Desktop service with 10 GB storage and MS Office standard with Admin rights

3.         Business Pack – which at Rs. 1199 per month gives an Airtel broadband connection at 256 Kbps speed with 3 GB Data Transfer PLUS an Online Desktop service with 10 GB storage and MS Office premium with Admin rights

Yahoo! Buzz Launches in India

Yahoo! Buzz brings the most buzz-worthy stories to the Yahoo! homepage, and provides a fun, engaging and social experience

First international market outside U.S. to launch Yahoo! Buzz

Yahoo! India today announced the launch of Yahoo! Buzz in India (buzz.yahoo.in). Yahoo! Buzz enables people to vote (by “buzzing up”) and comment on the stories they find most remarkable in order to help shape the headlines on Yahoo!’s homepage and beyond. With Yahoo! Buzz, people can discover and share the most interesting content (images, videos and articles) from across the Web.

Following the success of Yahoo! Buzz in the U.S., India is the first international market to launch this product. Yahoo! Buzz measures votes and search patterns from its community to identify interesting and timely stories from large news sources as well as niche blogs around the Web.

Yahoo! Buzz helps Yahoo! understand people’s interests and enhance the relevance of content on India’s #1 online destination, www.yahoo.in, and helps publishers deliver their best content to Yahoo!’s broad and diverse audience.

“Yahoo! Buzz is an example of how we can combine popular stories with the wisdom of real people to determine what is most engaging and relevant to our millions of users,” said Frazier Miller, Head of Audience, Yahoo! India.

Yahoo! Buzz in India already features content from more than two dozen publishers, including NDTV, India Today Group, Times of India, Zee, A2 Media and One India. Any online publisher can place a Yahoo! Buzz button on their content pages, enabling readers to share and vote (“buzz-up”) stories.

Content from over 20,000 publishers worldwide has been submitted to Yahoo! Buzz since it launched in the U.S. last year, making it one of the most comprehensive places to discover remarkable content from across the Web. Yahoo! Buzz enables all of these publishers to tap into Yahoo!’s broad reach and diverse audience of more than 500 million users and possibly receive site traffic from the Yahoo.com homepage.

About Yahoo! India:

Yahoo! India (www.yahoo.in), launched in June 2000, has established itself as the pioneering and leading Internet portal providing value added services for Web users in India and users abroad with special interest in India.

Airtel launches cloud computing service on broadband

-Offers Net PC – low cost online computer at Rs. 7999-  

  • A next-generation computer that never goes obsolete and never crashes
  • 10 GB data storage space from Nivio, original and latest software from Microsoft with every Net PC
  • Ready-to-use online computer complete with 15” LCD monitor, Keyboard, Mouse and Nivio Companion
  • Available at Airtel Stores and NEXT Electronic Stores in Delhi, Gurgaon and Noida 

 

New Delhi, May 22, 2009: Bharti Airtel, Asia’s leading integrated telecom service provider, today announced its entry into the cloud computing space with the launch of Airtel Net PC – a low-cost online computer for its broadband customers. The Airtel Net PC is a ready-to-use computer – inclusive of a 15 inch LCD monitor, keyboard, mouse and Nivio companion – offering just about everything a PC does at a fraction of the cost. It is available at only Rs. 7999 exclusively for Airtel broadband customers in Delhi, Gurgaon and Noida.  

Speaking on the occasion, Mr. K. Srinivas, Joint President -Telemedia Services, Bharti Airtel said, “Airtel’s entry into the space of cloud computing, with the launch of the Net PC, is part of our strategic intent to remain focused on enhancing the broadband experience for our customers by offering innovative and collaborative products. This comes close on the heels of our other innovations that include the recent launch of Airtel Online Desktop and the pioneering of 16 Mbps high-speed broadband in the country.”  

“With the Airtel Net PC, we bring a computing product for our broadband customers that is low-cost, secure and on-demand – a timely offer that will help them control costs and increase productivity” he added.  

The Airtel Net PC – powered by Nivio and Microsoft – brings many advantages: 

  • Provides a friendly Operating System with the Windows-based Online Desktop
  • 10 GB space to store documents, photos, presentations at a central location
  • 100% data security assures no loss of data or computer crash
  • Regular original software upgrades resolves the fear of obsoletism and escalating cost

Airtel broadband customers can purchase the Airtel Net PC by choosing from 3 entry packs –

    1. Home Pack – which at Rs. 699 per month gives an Airtel broadband connection at 256 Kbps speed with 3 GB Data Transfer PLUS an Online Desktop service with 10 GB storage and MS Office standard  
     
     

    2. Professional Pack – which at Rs. 899 per month gives an Airtel broadband connection at 256 Kbps speed with 3 GB Data Transfer PLUS an Online Desktop service with 10 GB storage and MS Office standard with Admin rights

    3.  Business Pack – which at Rs. 1199 per month gives an Airtel broadband connection at 256 Kbps speed with 3 GB Data Transfer PLUS an Online Desktop service with 10 GB storage and MS Office premium with Admin rights

The Airtel Net PC is available for Airtel broadband customers in Delhi, Gurgaon and Noida at Airtel Stores and NEXT Electronic Stores. For further details, call 1800 103 0121 or SMS ‘NETPC’ to 53636 or visit us at www.airtel.in/netpc

 

***

About Bharti Airtel Limited:

Bharti Airtel Limited, a group company of Bharti Enterprises, is Asia’s leading integrated telecom services provider with operations in India and Sri Lanka, with an aggregate of 100 million customers. Bharti Airtel Limited has been voted as India’s most innovative company, in a survey conducted by The Wall Street Journal. 

Bharti Airtel is structured into three strategic business units – Mobile services, Telemedia services and Enterprise services. The mobile business offers services in India and Sri Lanka. The Telemedia business provides broadband and telephone services in 95 cities, DTH services and has recently forayed into the IPTV services. The Enterprise business provides end-to-end telecom solutions to corporate customers and national and international long distance services to carriers. All these services are provided under the Airtel brand. Airtel’s high-speed optic fibre network currently spans over 101,337 Rkms covering all the major cities in the country. The company has two international landing stations in Chennai that connects two submarine cable systems – i2i to Singapore and SEA-ME-WE-4 to Europe. For more information, visit: www.bhartiairtel.in 

Microsoft’s ‘My Phone’ now available as an open beta: service helps users save all mobile data on the internet

With technology playing a crucial role in today’s world, the Mobile, the PC and the web have become inseparable.  However, the biggest fear that perhaps haunts any mobile user today is not the loss of his hi-tech cell but the valuable data! To help solve this issue, Microsoft today announced its My Phone service that enables users to automatically backup contacts, photos, video, calendar, text messages and more from their phone to a password-protected Web-based service, is now an open beta. With automatic syncing and backup capabilities for all contacts, appointments, text messages and other information, My Phone keeps all things up-to-date and easily restores them should the user lose or upgrade their phone. To sign up for MyPhone today, all users to do is go to http://myphone.microsoft.com and sign in with a Windows Live ID.

In addition to this, Microsoft also announced the availability of My Phone service in all 25 Windows Mobile languages today. What’s more? The service is available on all Windows Mobile 6.0 or 6.1 phones and allows users to automatically upload photos and video from their Windows phone directly to My Phone, making it simple to preserve memories. Once users sign in they get an option of “Send to Phone” or they can use their phone’s browser to navigate to http://myphone.microsoft.com/install. And in just a few minutes they can download and install the My Phone application on the phone and activate it instantaneously!

With Microsoft My Phone mobile users can rest assured not only about their phone contacts but photos, video, calendar, text messages and more. My Phone also provides an easy to use Web portal where users can access and manage content on the phone, and share that information with others. Microsoft My Phone is another example of how the company is delivering new mobile experiences to Windows Mobile phones and connecting them to compelling software services.

About Consumer & Online Business

Microsoft’s Consumer & Online business aims to create a seamless experience for consumers across PCs, phones, and the Web. The Consumer & Online business drives all sales, marketing, content & programming, business development, and operations across Windows Vista, Windows Live, Windows Mobile, MSN, Live Search, advertising sales and other services.

Bharti Airtel crosses 100 million customers mark

Becomes the 3rd largest single country mobile services operator in the world and 6th largest single country integrated telco in the world

·         Announces a series of Network augmentation and Customer service initiatives

o        To roll out over 100,000 BTS sites across the country

o        To establish a State of the Art Customer Service Management Centre.

o        100,000 Airtel Service Centres to be set up in rural India by March 2010
Bharti Airtel, Asia’s leading Integrated Telecom services provider, today announced that it has crossed the 100 million customers mark. This milestone makes the company the 3rd largest single country mobile services operator and sixth largest in-country integrated telecom operator in the world.

“The Indian Telecom sector, seen as providing the most affordable services in the world, has grown by leaps and bounds in the last decade. We are proud to have led the telecom revolution that made a positive impact on the lives of people in every corner of the country as well as the Indian economy. This remarkable journey to 100 million customers is a testament to the vision and commitment of a company that benchmarks itself with the best in the world”, said Sunil Bharti Mittal, Chairman & Group CEO, Bharti Enterprises. “We dedicate this achievement to the nation. This milestone reiterates the emergence of India as one of the world’s top telecom markets and we are delighted to be at the forefront of its growth. On this occasion, we would like to thank all our customers, partners and the Government of India for their constant support.”

The company had crossed the 75 million customer mark in August 2008 and 50 million mark in October 2007, making it one of the fastest growing telcos in the world. The first 25 million was achieved in July 2006.

Bharti Airtel announced a series of network augmentation and customer service initiatives. On the network front, Airtel will roll out 100,000 BTS sites by this year end to set up wider and deeper network coverage across the country. This will improve network quality and resilience; build redundancies and business continuity, to ensure that Airtel customers continue to experience a world-class seamless network for voice and data services. The company is planning to transform its entire fixed line network to IP/Broadband over a phased manner. This transformation will enable Bharti Airtel’s transformation to Next Generation Networks, offering advanced services like High-speed internet, Triple Play, Media-rich VAS, MPLS, VPN for both Retail and Business customers.

On the customer service front, Airtel has started a set of initiatives to empower the customer and currently its Self Service Option over SMS already has over 100 million hits in a month. It is also leveraging cutting-edge technology to build a state of the art Service Management Centre which will dynamically monitor and manage services to ensure that customers are always kept informed proactively.

Around 60% of Airtel’s customer additions come from rural areas. For the rural customers, Airtel has already set up 14,000 Airtel Service Centres and going forward the company is looking at having over 100,000 such centres across the country by March, 2010.

NeuStar’s UltraDNS to Power Growth of NDTV Convergence

UltraDNS Managed DNS Service to Increase Performance and Reliability of Popular Indian News Site

 

STERLING, VA, May 19, 2009 – NeuStar, Inc. (NYSE: NSR) today announced that NDTV Convergence, the digital arm of New Delhi Television (NDTV), India’s largest news and infotainment network, has chosen NeuStar’s UltraDNS Managed DNS Service to bolster the scalability of its online properties.

 

Once a traditional news organization, NDTV is now evolving into a diversified global media group; in a 2008 survey done by MetrixLab, the second-largest online research agency in Europe, NDTV.com was named the most popular Indian news website. NDTV’s 24-hour broadcast schedule and extensive online presence mean that high availability and 100 percent uptime are of critical importance. The superior reliability and performance of NeuStar’s UltraDNS Managed DNS Service are now helping NDTV Convergence fulfill its objective of achieving a better user experience.

 

“When consumers have so many choices with which to address their online news and infotainment needs, a great user experience – including guaranteed availability of content – is critical,” said Sanjay Trehan, CEO of NDTV Convergence. “This applies to all components of the online infrastructure, including DNS. We have partnered with NeuStar for this purpose, and have had flawless DNS performance ever since.”

NeuStar® press release

 

NeuStar’s UltraDNS suite of managed services is built on a fault-tolerant global directory infrastructure that provides critical layers of network security and reliability. UltraDNS technology and services allow enterprises to seamlessly migrate their entire DNS infrastructures without any additional hardware or software deployments. Utilizing advanced routing technology, NeuStar ensures that all DNS requests are directed to and answered by the geographically closest server constellation – thus ensuring the fastest and most reliable network resolution.

“We are delighted to add NDTV to the growing list of premier international websites that look to our UltraDNS Managed DNS service for superior reliability and performance,” said Alex Berry, senior vice president of NeuStar’s Internet Infrastructure Service Group. “Like the Internet itself, our DNS infrastructure is truly global, offering our customers’ users a superior online experience no matter where they are located.”

More information about NeuStar’s UltraDNS suite of services is available at www.ultradns.com.

 

###

About NeuStar

NeuStar (NYSE: NSR) provides market-leading and innovative services that enable trusted communication across networks, applications, and enterprises around the world. For more information, visit www.neustar.biz.

 

About NDTV Convergence

NDTV Convergence Ltd., a subsidiary of NDTV Networks Plc, is a leading web 2.0 company. The company develops exclusive content for cross media platforms such as Internet, mobiles, ITV and IPTV. NDTV Convergence Ltd operates India’s most popular news websitewww.ndtv.com along with other leading verticals, namely, NDTVProfit.com, Cricketndtv.com, NDTVImagine.com, NDTVAuto.com, NDTVMovies.com, NDTVMusic.com, NDTVTutor.com, NDTVKhabar.com, NDTVClassifieds.com and other sites. The bouquet covers an entire gamut of news and beyond news encompassing recipes, travel, entertainment, shopping, books, health, gadgets and special features.

Leading Indian airlines embark on OTA journey to save commissions

IND, 2009-05-15 17:38:52 (IndiaPRwire.com)

Leading airlines Spicejet, IndiGo and Kingfisher have identified a new way to minimize their spends on agency commissions and GDS charges. Under the leadership of Federation of Indian Airlines (FIA), these three airlines are founding a new online travel agency (OTA) - Rang7 - which will sell air tickets for them. The FIA is expected to sign this agreement in their upcoming meeting in 3rd week of May.

According to aviation industry experts, Indian carriers spend close to Rs. 200 Crore in distribution cost, given away to travel agents and travel portals such as Makemytrip, Yatra and Cleartrip.com. In today’s condition, where airlines are reeling under losses, reducing the distribution costs will help them significantly.

Full service carriers such as Air India, Kingfisher and Jet Airways had attempted to replicate the global zero commission model in India earlier, but met with strong resistance from the travel agent community, and had to restore commissions shortly. The new portal - Rang7.com - will be a clever way for the airlines to reduce their distribution costs progressively.

The portal is expected to be launched in the next two months, and will show unbiased fares for all different airlines – unlike existing portals, which show fares in the order of commissions they receive. A venture capital fund has committed an investment of approximately $3 Million to the portal.

FIA Secretary Anil Baijal has confirmed this move, and has indicated that this agreement will be signed in the next FIA meeting. Following Kingfisher, Spicejet and IndiGo, other airlines are expected to sign on to the portal as well. Participating airlines would end up owning an equity stake in the portal, based on the agreement. The business model for Rang7 is structured along the lines of Orbitz in the US and Opodo in Europe, both of which have successfully launched this strategy in the past years. 

- End -

Shailesh Rao and Ambareesh Murty to lead IAMAI

New Delhi, May 14, 2009: Two Internet industry leaders will be at the helm of the Internet and Mobile Association of India (IAMAI), to steer it to the second decade of the millennium. The Internet and Mobile Association of India has appointed Shailesh Rao, Managing Director, Google India as the Chairman and Ambareesh Murty, Country Manager, eBay India as the Vice Chairman. Sanjay Aggarwal, General Manager, Operations, IRCTC, the largest e-commerce site in India, has been appointed the Treasurer of the association.

Commenting on his new role as the Chairman, IAMAI, Shailesh Rao said, “We need to build a more visible identity and collective vision for the Internet industry of India.  By organizing the relevant stakeholders, evangelizing the value of the medium, and advocating for more proactive government action on behalf of the Internet, IAMAI will emerge as the most credible and important platform for digital India.”

Added Ambareesh Murty, the new vice-chairman, IAMAI, “The Internet is now the mainstream medium and the priority in the next few years would be to ensure that the IAMAI represents the entire ecosystem of internet businesses in India today including start-ups and early-stage businesses. “ While as the Treasurer of the Association, Sanjay Aggarwal’s aim would be to bring e-Commerce to the forefront of all commercial activities in India, thereby bringing choice, transparency and efficiency to all transactions.

The announcements were made earlier today following the annual general meeting of the association on 28 April said Subho Ray, IAMAI president.

IAMAI represents the interests of the internet and mobile value added services companies in India. A digital India vision statement, a better business environment for mobile VAS companies, legalization of VoIP termination on PSTN line, better commercial terms for online agencies and publishers and a thrust for e-Commerce are some of the key priorities for the association.

About IAMAI

www.iamai.in 

The Internet & Mobile Association of India (IAMAI) is a not-for-profit industry body registered under the Societies Act, 1896.  Its mandate is to expand and enhance the online and mobile value added services sectors.  It is dedicated to presenting a unified voice of the businesses it represents to the government, investors, consumers and other stakeholders. The association addresses the issues, concerns and challenges of the Internet and Mobile economy and takes a leading role in its development. 

TED Open-Translation Project brings subtitles in 40+ languages to TED.com

 

  • A first-of-its-kind toolset is empowering volunteer translators worldwide to bring TED talks to their communities
  • Now available in 6 Indian languages: Hindi, Kannada, Tamil, Telugu, Bengali and Urdu 

INDIA, May 13, 2009 — The acclaimed 18-minute talks available free on the TED.com website will now be accessible beyond the English-speaking world, through the TED Open Translation Project (http://www.TED.com/translation), which launches today, generously sponsored by Nokia. 

A year in the making, the project offers video subtitles, time-coded transcripts and the ability for volunteers worldwide to translate any talk into any language. The project launches with 300 translations in 40 languages; more than 200 volunteer translators have already contributed. 

“TED’s mission is to spread good thinking globally, and so it’s high time we began reaching out to the 4.5 billion people on the planet who don’t speak English,” says TED Curator Chris Anderson. “We’re excited to be using a bottom-up, open-source approach that will in time allow all our talks to be translated into all the world’s languages. A web-empowered revolution in global education is under way. We’re not far from the day when anyone on Earth can directly access the world’s great teachers speaking to them in their own language. How cool is that?” 

Each of the 400+ talks on TED.com will now offer: 

+ Subtitles, in English and many additional languages (several videos carry up to 25 languages at launch)

+ A time-coded, interactive transcript, in multiple languages, which lets you click on any phrase and jump straight to that point in the video. This makes the entire content of the video indexable on search engines

+ Translated headlines and video descriptions, which appear when a new language is selected

+ Language-specific URLs which play the chosen subtitles by default 

The TED Open Translation Project is one of the most comprehensive attempts by a major media platform to subtitle and index online video content. It’s also a groundbreaking effort in the public, professional use of volunteer translation. 

“Volunteer translation will be increasingly important for anyone trying to reach a global audience,” says June Cohen, Executive Producer of TED Media. “It’s the only feasible way to reach all the world’s languages. Crowd-sourced translation creates communities of volunteers who are passionate about producing great work, accountable for the accuracy of their translations, and invested in evolving the system itself. It turns users into true participants, helping to spread ideas.” 

Crowd-sourced translations in all the world’s languages 

To launch the Open Translation Project, a handful of talks were professionally translated into 20 languages. But all translations going forward will be provided by volunteers. In fact, volunteer translators have already contributed more than 200 published translations to the project (with 450 more in development). These volunteers range from well-organized groups working together in their own language, to lone translators working individually and matched by TED with others. 

To support this program, TED and technology partner dotSUB have developed a set of tools that allow participants around the world to translate their favorite talks into their own language. This approach is scalable, and — importantly — allows speakers of less-dominant languages an equal opportunity to spread ideas within their communities. 

This open-source approach mimics the successful strategies of products like Wikipedia, Linux and Mozilla, which have proven the power -– and ultimate reliability –- of open solutions. Crowd-sourced translation has already been proven effective on a handful of sites worldwide, including Wikipedia and the Global Voices blog at Harvard’s Berkman Center for Internet & Society. 

To ensure quality translations, TED established a set of guidelines and systems to help translators deliver the best work possible. To begin with, a professionally generated (and speaker-approved) English transcript is provided for each talk, so that all translations are based on the same source document. TED then requires every translation to be reviewed by a second fluent speaker before it’s published; both translator and reviewer are credited by name on the site. TED controls the final “publish” button (nothing is “automatically” published), and there are feedback mechanisms for ongoing community input and improvement after publication. 

At launch, TED’s Open Translation Project will include more than 300 translations, in more than 40 languages, including Arabic, Bengali, Bulgarian, Chinese, Danish, Dutch, Finnish, French, German, Greek, Hebrew, Hindi, Hungarian, Italian, Japanese, Kannada, Kirghiz, Korean, Norwegian, Persian, Polish, Portuguese, Romanian, Russian, Spanish, Swahili, Swedish, Tamil, Telugu, Thai, Turkish, Urdu and Vietnamese. Our translators hail from cities from Beijing to Buenos Aires; Tehran to Tel Aviv; Espoo, Finland, to Barranquilla, Colombia. 

Accurate, searchable, interactive transcripts for every TEDTalk 

Each of the 400+ TED talks now has a time-coded, interactive transcript, in English and all available languages. Using this interactive transcript, a user can select any phrase and have the video play from the point where that phrase is spoken. The transcripts will be fully indexable by search engines — in all languages — exposing previously inaccessible content within the talks themselves. For example, someone searching on Google for “green roof” will ultimately find the moment in architect William McDonough’s talk when he discusses Ford’s River Rouge plant, and also the moment in Majora Carter’s talk when she speaks of her green roof project in the South Bronx. 

About TED 

TED stands for Technology, Entertainment, Design. It started in 1984 as a conference bringing together people from those three worlds. Since then, its scope has broadened to include science, business, the arts, and the global issues facing our world. The annual conference now brings together the world’s most fascinating thinkers and doers, who are challenged to give the talk of their lives —in 18 minutes. Attendees have called it “the ultimate brain spa” and “a four-day journey into the future.” The diverse audience — CEOs, scientists, creatives, and philanthropists — is as remarkable as the speakers, who have included Bill Clinton, Bill Gates, Jane Goodall, Frank Gehry, Sir Richard Branson, Philippe Starck, Isabel Allende and Bono. 

TED was first held in Monterey, California, in 1984. In 2001, Chris Anderson’s Sapling Foundation acquired TED from its founder, Richard Saul Wurman. In recent years, TED has expanded to include international conferences, the TED Prize and the free availability of TED talks at TED.com. TEDGlobal 2009, “The Substance of Things Not Seen,” will be held July 21-24, 2009, in Oxford, UK; visit http://conferences.ted.com/TEDGlobal2009/ . TEDIndia will be held in Mysore, India, November 1-4, 2009; visit http://conferences.ted.com/TEDIndia/ . TED2010, “What the World Needs Now,” will be held February 9-13, 2010, in Long Beach, California, with a simulcast event in Palm Springs, California; visithttp://conferences.ted.com/TED2010/ . For details on all upcoming conferences and events, visit http://www.TED.com. 

Crederity launches Employee Lifecycle Management Suite for recruitment and staffing Industry.

    BANGALORE –May 13, 2009 – Online identity and credential verification firm Crederity has launched a new set of services as a part of Employee Lifecycle Management Suite to help recruitment and staffing companies to screen and assess potential candidates. These services aim   to remove the bottle necks in the hiring process by reducing the hiring time for a potential employee. Crederity has also started a pilot project with leading staffing solutions companies including TeamLease and Vault Info to offer pre-verified candidates to their clients 
     
    Pre employment screening has emerged as one of the most important steps in the hiring process for major staffing companies that are dealing with thousands of candidates every day.  With resume frauds on the rise and clients applying pressure to mitigate hiring risks, finding the right candidate has become difficult for most staffing companies. It’s not surprising that many organizations are tempted to immediately pursue applicants who appear to meet or surpass all requirements on their resumes. The comprehensive employment screening solutions through Employee Lifecycle Management Suite from Crederity tries to address the needs at different stages of hiring cycle.

     
    52% of job seekers who took part in SHRM survey claimed to have made some sort of false claim on their resumes and it is estimated that the replacement cost for a bad hire is 1.5 to 3.5 times the salary of the job that he is being hired for. 86% of recruiters who took part in the same survey preferred to hire candidates with verified resumes.
     

    “In times of economic slowdown, when hiring freezes, our methodology works best since those with pre-verified credentials are preferred over others. Employee Lifecycle Management Suite for staffing firms addresses the need for credential check of the potential employee before hiring,” said Crederity founder and CEO Rakish Antala. “It is a Win-Win-Win solution for all involved – Candidate, Staffing Company and its Client.” 

    About: 

    Crederity is a US and India based company that offers plug-and-play identity and credential authentication tools designed to integrate into current online and offline environments. The company’s sophisticated fact verification technologies easily reveal whether or not people and businesses are who they claim to be enabling transactions and interactions to proceed more effectively. The Crederity Card is an online listing of card holders Trust Facts, a set of facts about an individual verified by Crederity, a trusted third-party verifier. Crederity Card or Seal can be shared or linked on the resume and placed online.  

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