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ProCheck Raises $250,000 in Seed Funding from Sarmayacar

ProCheck Raises $250,000 in Seed Funding from Sarmayacar
Sarmayacar, a syndicate of foreign investors to promote Pakistani startups has announced $250,000 Seed funding for ProCheck, a leading serialization and patient engagement services provider, also joined by Pakathon/Elastica. ProCheck’s round of funding will be used to expand its sales and engineering team to capitalize on the surge of interest from the pharmaceutical industry in particular, and will enable it to establish a sales and service presence in manufacturing hubs outside Karachi, where it is headquartered. As part of the financing, Rabeel Warraich from Sarmayacar has joined ProCheck’s Board of Directors. “By offering the full stack of track and trace
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Business

JBS multi million Rupees Investment to set up Data lab in Pakistan

JBS multi million Rupees Investment to set up Data lab in Pakistan
To help companies address large amounts of data, JBS, an IT solution provider, has acquired Blutech Consulting. Use of data is increasing at an exponential rate. According to Google CEO Eric Schmidt, every 2 days, as much information is created as was created from the dawn of civilization up to 2003. This means 2.5 quintillion bytes of data are created every day, which is equivalent to 57.5 billion 32 GB iPads. This influx of data has caused a disruption and is shaking industries, societies and even day to day life. Hiding within those mounds of data is knowledge that could
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Business

Governor Punjab inaugurates “Ease of Doing Business Conference” by APBF

WhatsApp-Image-2017-04-05-at-10.51.37
The ‘All Pakistan Business Forum’ (APBF) successfully concluded a conference on “Ease of Doing Business in Pakistan”. The Conference was held at the Pearl Continental Hotel in Lahore, where more than 250 distinguished entrepreneurs, along with regulators, industrial experts and diplomats shared their insights, ideas and knowledge. High level representation of the academia and Media was also seen. The conference promoted a positive image of Pakistan as a destination of choice for global investors. Governor Punjab – Mr. Rafique Rajwana was the Chief Guest during the first sessions, while the second session was enriched by the personal presence of the
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Business

Pakistan Ranks fourth for Content Removal Requests to Facebook, Google: PTA

Pakistan Ranks fourth for Content Removal Requests to Facebook, Google: PTA
Pakistan comes in at number four, behind the US, in the rundown of nations asking for evacuation of undesired substance to Google and Facebook, said Dr. Syed Ismail Shah, Chairman Pakistan Telecommunication Authority. Dr. Shah said that the vast majority of the solicitations to Google and Facebook for evacuating or confining undesired substance originate from the United States. He was informing a senate's standing panel on telecom and IT that was led by Shahi Syed. Executive said that Pakistan Telecommunication Authority (PTA) is missing money related and HR, which are real obstacles in countering the issue of profane substance via
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Business

The most dependable self-driving cars participate in — delight — Alphabet’s Waymo

The most dependable self-driving cars participate in — delight — Alphabet’s Waymo
Alphabet's self-driving car company -- now called Waymo -- has distributed its results after another 12 months on the highway, and it's really looking like the Google-powered autonomous driving a vehicle check is literal kilometers prior to the competition. An autonomous vehicle disengagement article from Waymo delivered to the California Section of AUTOMOBILES shows the technical giant's self-driving automobiles have a significantly lower rate of drivers intervention in comparison to other car companies. Specifically, the statement mentions that Waymo's vehicles clocked an extraordinary 635,868 cumulative mls of drive time within the last 12 months, but only experienced 124 reported disengagements
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Business

Shifa International Selects Oracle Cloud to Upgrade its IT Infrastructure

Shifa International Selects Oracle Cloud to Upgrade its IT Infrastructure
Shifa International Hospitals Ltd. has selected Oracle Cloud Platform to upgrade its IT infrastructure. Its patients can now benefit from faster and easier access to online radiology and lab reports. Prior to migrating Oracle Cloud Platform, the hospital’s existing IT infrastructure was increasingly unable to cater to the growing demand from patients for rapid access to their results online. The hospital’s IT resources were increasingly engaged in troubleshooting and ensuring the smooth running of daily operations. The inflexible and complex nature of the hospital’s existing legacy IT infrastructure meant supporting new application development and improved business processes were serious challenges.
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Business

GREE Actively Participated at the HVACR Exhibition at Expo Lahore

GREE Actively Participated at the HVACR Exhibition at Expo Lahore
GREE Electronics is a globally leading enterprise of air-conditioners. Its high quality products are distributed in the Pakistan market by the DWP Group. This innovative technology leader is among the key participants at the 24th International HVACR Exhibition, held from 30th March – 2nd April 2017, at the Expo Center Johar Town Lahore. Gree has been consistently innovating new technologies to create the best-suited products, in accordance with the experts' insights and the changing needs of the consumers. At this Expo, Gree's exhibition area was the largest and demonstrated a wide range of heavy and light, commercial and residential units. Representatives of gree team
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Business

Huawei 2016 Annual Report: Solid Growth and Sustained Investment in the Future

Huawei 2016 Annual Report: Solid Growth and Sustained Investment in the Future
Huawei released its audited financial results for 2016, reporting that its Carrier, Enterprise, and Consumer business groups (BGs) each achieved solid year-on-year growth. Group annual revenue was CNY521.6 billion (US$75.1 billion), an increase of 32% over 2015. Net profits were CNY37.1 billion (US$5.3 billion), an increase of 0.4%. In 2016, Huawei continued to invest in the future, with the company's annual spending on research and development reaching CNY76.4 billion (US$11 billion). Eric Xu, Huawei Rotating CEO, remarked, "In 2016, Huawei maintained its strategic focus and achieved solid growth. As humanity continues to explore and make new breakthroughs in the digital
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Business

Make Doing Business Easier in Pakistan: Nawaz Sharif

Make Doing Business Easier in Pakistan: Nawaz Sharif
Prime Minister Muhammad Nawaz Sharif has directed all administrative heads of divisions, attached departments and autonomous bodies to facilitate domestic and foreign investment; and the setting up of and running businesses in Pakistan. The Prime Minister has directed that all federal ministries, their attached departments and autonomous organizations should prepare a comprehensive code of procedure to be followed by applicants / investors for license, sanction or permission for investment or setting up of business in Pakistan. The PM has directed that all such processes and transactions should be identified to streamline certifications, approvals, licenses, permits or similar instruments. The PM
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Business

Best-selling 2017 Honda CR-V Earns TOP SAFETY PICK+ Rating from IIHS

2017 Honda CR-V
The 2017 Honda CR-V, America's best-selling SUV, has earned the highest possible safety rating of TOP SAFETY PICK+ from the Insurance Institute for Highway Safety (IIHS) when equipped with available Honda Sensing™ and LED headlights. The model earned a SUPERIOR rating for frontal crash prevention when equipped with available Honda Sensing. Honda Sensing is standard on EX and higher trims on the CR-V. To earn the 2017 TOP SAFETY PICK+ award, a vehicle must earn a rating of GOOD in the small overlap front, moderate overlap front, side, roof strength and head restraint tests. It also must have an available
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