Business Wire

TECNOTREE

8.5.2024 11:45:27 CEST | Business Wire | Press release

Share
Tecnotree Partners with People+AI to Drive Open Cloud Compute Infrastructure and AI Standardisation

Tecnotree, a global digital platform and services leader for AI, 5G, and cloud-native technologies, announced its partnership with people+ai, an initiative of the non-profit EkStep Foundation, on joining the Open Cloud Compute (OCC) project.

OCC comprises of an interconnected network of micro data centres, and based on this model India requires approximately 10,000 micro data centres to bolster its compute power infrastructure. The network would bring compute capabilities closer to the end users, enabling faster processing, lower latency, and stronger data sovereignty. Tecnotree is partnering with the OCC initiative for shaping the future of AI in India, by implementing an API abstraction layer aligned with telecom standards. The collaboration aims to build a one-stop shop for AI, Cloud, and 5G services, offering a comprehensive solution to meet evolving industry needs.

The partnership aims to enhance India’s compute ecosystem by creating a network of providers offering accessible and customized compute resources. The platform shares a collective vision of bringing ecosystems together across the world, for the future common standards and capabilities for AI, Cloud Infrastructure, Sustainability, Trusted AI, Cloud Compute, and SDNs.

In addition to Tecnotree, various other technology providers are collaborating to meet increasing compute requirements. Other companies participating include industry stalwarts such as Advanced Micro Devices (AMD), Oracle, Dell Technologies, Tata Communications, IBM, and more. These partner organisations will act as providers in this compute stack or customers who have a growing need for compute.

Infosys co-founder Nandan Nilekani who co-founded EkStep Foundation held a closed-door session with representatives of more than 20 organisations on doing the groundwork to create a compute ecosystem in India, important for the creation of a single and open interface for providers and customers of computing infrastructure.

Nilekani said, “India’s approach to building technology at scale is unique. We have successfully unbundled the building blocks to create population-scale digital public infrastructure for identity, payments, and education. We see that India’s ideas for technology are being recognised globally. I believe it is now time to rebundle and make AI work to empower every individual and identify AI use cases unique to India. AI will help reduce barriers and personalise at scale.”

Prianca Ravichander, Tecnotree CMO, said, “This initiative by OCC not only enhances India’s compute ecosystem but also fosters global collaboration in establishing common standards for AI and Cloud Infrastructure. Together with other industry leaders we are dedicated to meeting the growing compute requirements. Tecnotree is partnering with OCC to make this initiative a reality.

We are dedicated to enabling the benefits of Cloud and AI through our digital products and services for telecom operators worldwide. We aim to drive forward AI and Cloud standardization globally, laying the groundwork for a more cohesive ecosystem. Together, we are laying the foundations that are not only technologically advanced but also inclusive and sustainable, propelling us towards a digitally inclusive future”.

About Tecnotree

Tecnotree has been Empowering Digitally Connected Communities to over 90+ Telecom Providers around the world, since 1978. Our leading AIML-embedded, 5G-ready digital Business Support System (BSS), with multi-cloud extensibility, has challenged traditional transformation approaches and gained acceptance across a range of emerging and established markets, currently supporting over 1 billion subscribers. Change and transformation are at the very essence of our DNA driving continuous innovation, delivering world-class experiences and monetisation capabilities to telecom operators and their customers through Tecnotree Moments, enabling essential services beyond voice and data connectivity to other digital experiences in the area of health, education, financial inclusion and beyond. Tecnotree is listed on the Helsinki Nasdaq (TEM1V).

To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240508342069/en/

About Business Wire

Business Wire
Business Wire
101 California Street, 20th Floor
CA 94111 San Francisco

http://businesswire.com
DK

Subscribe to releases from Business Wire

Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from Business Wire

SLB Announces Date for Second-Quarter 2026 Results Conference Call26.5.2026 19:00:00 CEST | Press release

SLB (NYSE: SLB) will hold a conference call on July 24, 2026, to discuss the results for the second quarter ending June 30, 2026. The conference call is scheduled to begin at 9:30 a.m. U.S. Eastern time and a press release regarding the results will be issued at 7:00 a.m. U.S. Eastern time. To access the conference call, listeners should contact the Conference Call Operator at +1 (800) 715-9871 within North America or +1 (646) 307-1963 outside of North America approximately 10 minutes prior to the start of the call and the access code is 3440360. A webcast of the conference call will be broadcast simultaneously at https://events.q4inc.com/attendee/157027565 on a listen-only basis. Listeners should log in 15 minutes prior to the start of the call to test their browsers and register for the webcast. Following the end of the conference call, a replay will be available at www.slb.com/irwebcast until July 31, 2026, and can be accessed by dialing +1 (800) 770-2030 within North America or +1

Alipay Launches Next-Generation AI Payment Infrastructure, Debuts AI Wallet and Token Pay to Power Agentic Economy26.5.2026 17:20:00 CEST | Press release

Alipay today introduced its full-stack AI payment solution to partners across industries, ranging from AI companies to traditional retailers, and debuted two new services — the world’s first AI Wallet and Token Pay — to support the agentic economy’s rapid growth. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260526337824/en/ Alipay Unveils Next-generation AI Payment Infrastructure This launch extends Alipay's next-generation AI payment infrastructure, building on its consumer-facing product Alipay AI Pay and its business-facing AI payment processing product. “While the essence of commerce remains unchanged in the age of AI, the emergence of AI agents is reshaping everything. Drawing on 22 years of technological expertise and commercial know-how, Alipay is building a new generation of AI payment services to accelerate the growth of the agentic commerce ecosystem,” said Cyril Han, CEO of Ant Group. AI Wallet: Giving Users Vis

Daiichi Sankyo Europe Reaffirms Commitment to Patient-Centred Care with Extensive Data Showcase at EAS Congress 202626.5.2026 17:00:00 CEST | Press release

Presentations at the 94th European Atherosclerosis Society (EAS) Congress highlight the breadth of evidence for bempedoic acid across a wide range of patient subgroups and background therapies. Real-world data from the MILOS study across multiple European cohorts demonstrate consistent effectiveness and safety profile in routine clinical practice.1,2,3,4 Analysis from the CLEAR Outcomes trial underscores the impact of bempedoic acid on cardiovascular risks, including stroke and venous thromboembolism (VTE).5,6 Daiichi Sankyo Europe’s commitment to "care for every heartbeat" is centred on providing accessible oral treatment options to ensure every patient is given a chance to reach their LDL-C goals. Daiichi Sankyo Europe (DSE) is pleased to announce its extensive scientific presence at the European Atherosclerosis Society (EAS) Congress 2026. The presentation of 15 abstracts, comprising both clinical trial analyses and real-world evidence, underscores the company's sustained investment

OpenRouter Raises $113 Million CapitalG-led Series B as Weekly Volume Explodes to 25T Tokens26.5.2026 15:15:00 CEST | Press release

NVentures, ServiceNow Ventures, MongoDB Ventures, Snowflake Ventures, Databricks Ventures join CapitalG, a16z, Menlo Ventures, and others in backing the high-growth AI infrastructure startup OpenRouter, the AI model exchange, today announced a $113 million Series B led by Alphabet’s independent growth fund, CapitalG, with participation from investors including NVentures (NVIDIA’s venture capital arm), ServiceNow Ventures, MongoDB Ventures, Snowflake Ventures, Databricks Ventures, alongside existing investors including Andreessen Horowitz and Menlo Ventures. OpenRouter’s volume has surged to 25 trillion tokens per week (100 trillion tokens per month), representing a 5X increase from the 5 trillion tokens processed per week just six months ago. The explosion in token demand illustrates how quickly enterprises are deploying agents and scaling AI across multiple models and providers. OpenRouter’s infrastructure manages and optimizes inference and provides access to 400+ models across leadi

Xsolla Expands Its Community Management Tools for Creators, Community Leaders, and Resellers26.5.2026 15:00:00 CEST | Press release

Xsolla Adds New Features For Creators, Community Leader Experience, And Distinct Channels For Emerging Markets Xsolla, a leading global video game commerce company, today announced three simultaneous expansions of its community management tools and products. As the creator economy continues to reshape how games are discovered and the industry accelerates its shift toward direct-to-consumer commerce, Xsolla is building on its community management tools for creators, community leaders, and emerging markets, and will showcase them at TwitchCon Rotterdam later this month. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260526596720/en/ Graphic: Xsolla The games industry has never had a shortage of people who drive player acquisition, loyalty, and commerce; it's had a shortage of infrastructure that recognizes them. Creators stream it. Community leaders build a culture around it. Local resellers get it into the hands of players in

In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.

Visit our pressroom
World GlobeA line styled icon from Orion Icon Library.HiddenA line styled icon from Orion Icon Library.Eye