Shares of Cognizant Technology Solutions Corp (NASDAQ:CTSH) ended Monday session in green amid volatile trading. The shares closed up +1.17 points or 2.12% at $56.40 with 5.59 million shares getting traded. Post opening the session at $55.17, the shares hit an intraday low of $55.05 and an intraday high of $56.52 and the price vacillated in this range throughout the day. The company has a market cap of $33.66 billion and the numbers of outstanding shares have been calculated to be 606.94 million shares.
On Sep 8, 2016 Cognizant ( NASDAQ : CTSH ), a leading provider of information technology, consulting, and business process services, has joined the Executive Committee of the Chamber of Digital Commerce. The Chamber is the world’s leading trade association representing the blockchain industry and works closely with policymakers, regulators and industry to develop a pro-growth legal environment that fosters innovation, jobs and investment.
Cognizant is engaged in an array of initiatives to test the potential of blockchain; including the creation of accelerators that design, prototype and test solutions for digital asset issuance and transfer, secure document exchange, digital identity, and many others. Earlier this year, Cognizant announced its work with Mizuho Financial Group to develop a blockchain solution for secure record keeping of documents across the Group’s global companies.
“Blockchain technology is poised to change the face of the banking and financial services industry, providing the opportunity to create new digital business models, streamline business processes, and modernize existing IT systems,” said Prasad Chintamaneni, President, Global Industries and Consulting at Cognizant. “Cognizant was one of the early movers in the blockchain space and we continue to significantly invest in our capabilities to develop enterprise-ready solutions to help clients navigate this shift and become digital enterprises. We’re excited to be working with the Chamber of Digital Commerce to further the adoption and progression of blockchain technology and accelerate its implementation across industries.”
“Cognizant is yet another example of an established industry leader realizing the transformative potential of blockchain technology, and the importance of collaboration,” said Perianne Boring, Founder and President of the Chamber. “For blockchain to reach its maximum potential, leaders across every industry will need to contribute to the policy efforts to help shape the future of this new and transformative technology.”
Shares of Viavi Solutions Inc (NASDAQ:VIAV) ended Monday session in green amid volatile trading. The shares closed up +0.15 points or 1.99% at $7.68 with 1.65 million shares getting traded. Post opening the session at $7.46, the shares hit an intraday low of $7.41 and an intraday high of $7.68 and the price vacillated in this range throughout the day. The company has a market cap of $1.73 billion and the numbers of outstanding shares have been calculated to be 232.30 million shares.
Viavi Solutions Inc (VIAV) on Aug. 23, 2016 announced the availability of InterferenceAdvisor™, an automated interference hunting solution which can dramatically reduce the amount of time it takes to locate mobile network interference sources. What typically could take several days or weeks can now take just hours.
As mobile communications proliferate, increasingly crowded airwaves lead to radio signal interference that adversely affects customer experience, and trying to identify interference sources is like finding a needle in a haystack. Technology evolution, including network densification and the Internet of Things, will exponentially grow the number of network connections, further exacerbating the problem. Viavi developed InterferenceAdvisor to enable mobile network operators to anticipate and respond to these challenges, helping to optimize customer experience while managing cost.
InterferenceAdvisor, a fully automated interference location solution with directions and navigation, offers one of the lowest total cost of ownership (TCO) among leading competitors. It features a light-weight, portable Omni antenna; an automated interference area indication and navigation guide; voice prompts to direct the cell technician to the suspected interference location; full spectrum control; and display for detailed interference signal monitoring – all managed from a Wi-Fi enabled Android tablet. It also includes built-in accessories to minimize the cabling requirement.
“As networks become denser, interference will increase,” commented Monica Paolini, President and Founder, Senza Fili Consulting. “Densification is fundamental for service providers to support traffic loads in high-density locations such as shopping centers, transport hubs and other public areas. In many cases, service providers use small cells and Distributed Antenna Systems (DAS) that share spectrum channels with macro cells. In these environments, interference may negatively impact the customer experience unless operators move to mitigate interference aggressively.”