Posts Tagged ‘World’

Nehru Place among world’s most crooked IT markets

December 26th, 2011

Where does one find the latest software, games, movies and music in Delhi? Not at a swanky south Delhi mall, but at a sprawling complex in Nehru Place. And one gets the stuff dirt cheap because they are, well, pirated.

But the piracy that goes on at the wholesale IT mandi in south Delhi – where computers and laptops are sold in a manner vendors sell vegetables – is increasingly drawing the attention of anti-piracy authorities in the US. The office of the United States Trade Representative has listed Nehru Place in the Capital among 30 notorious IT markets of the world dealing in goods and services that infringe on intellectual property rights (IPR).

It is named after Jawaharlal Nehru but Nehru Place in south Delhi has the dubious distinction of being a hub for pirated IT goods.
The latest review of notorious markets identifies both the ‘internet’ and ‘physical marketplaces’ that have been the subject of enforcement action connected with counterfeiting and piracy, or that may merit further investigation for possible IPR infringements. Markets located in China and East European countries dominate the list. China’s internet site Taobao also figures on the list.

“Nehru Place is reportedly one of the many markets in major cities throughout India that are known for dealing in large volumes of pirated software, pirated optical media containing movies and music, and counterfeit goods,” according to the report posted on the website of the US Trade Representative (USTR)’s office. Besides Nehru Place, an earlier report released in February had mentioned Palika Bazaar in New Delhi; Richie Street and Burma Bazaar in Chennai; Manish Market, Heera Panna, Lamington Road and the Fort District in Mumbai; and Chandni Chowk in Kolkata on the list. These locations are particularly well-known for the high volume of pirated software, DVDs and CDs on sale.

Aware that they are under watch, shops at Nehru Place selling pirated versions of latest games, software and movies have become more discreet in the recent past. In the past, open stalls outside licenced shops peddled the pirated stuff. But the pirated wares are no longer laid out in the open, thanks to government crackdowns and increasing international pressure.

Young boys carrying catalogues of the pirated goods roam the marketplace, eyeing potential customers. “All these DVDs cost between Rs 100 and Rs 500,” a boy tells a visitor. If the visitor agrees to make a purchase, he is led to basement shops hidden away from the public eye.

Latest Adobe and Quark suites – pirated of course – and computer games are all available for a steal. A shopkeeper offered to arrange dozens of CDs of each software suite. “In less than 12 hours, we can arrange hundreds of CDs of each software, game or movie. Traders from neighbouring states such as Uttar Pradesh, Haryana, Rajasthan and Punjab place bulk orders with us,” he said.

Young visitors swarming the place feel piracy isn’t that bad after all. “At the end of the day, we get to buy stuff at prices we can afford,” Rohan, an engineering student, said. Shopkeepers at the market are aware of the copyright offences they commit when they sell pirated stuff. But it is overlooked in the face of the roaring business it has given them – even in the recession.

But Uncle Sam is determined to tighten the anti-piracy screw. The notorious markets highlighted in the latest review negatively impact legitimate businesses and industries of all sizes that rely on intellectual property to protect their goods and services, US trade representative Ron Kirk was quoted as saying.

“We hope that this review will continue to yield the kind of concrete action from the highlighted markets that led to the removal of several markets from the list this year,” he said. Kirk has been building pressure on India to check piracy and tighten laws further to protect intellectual property rights.

Senior Indian officials are, however, of the view that the country’s laws have been amended and the IPR regime compares favourably with those prevailing in other countries.

Source:http://businesstoday.intoday.in/story/us-lists-nehru-place-among-worlds-most-crooked-it-markets/1/21119.html

G Data Software Ranks Number One in World for Malware Protection

October 20th, 2011

G Data Software, the recognized world leader in antivirus and malware protection for home and business computing, ranks number one in the world for malware protection, according to recent tests by renowned institute AV-Comparatives. The independent organization tested 20 security packages to determine how much protection they offer against malware. G Data AntiVirus 2012 achieved the most effective protection at 99.7 percent.

G Data’s home security software, which includes AntiVirus 2012, is designed for home and small business computing. The products offer malware, antivirus and spyware protection to safeguard online banking, protect families from Internet child predators, and ensure safe social media interactions. They also provide protection from adware and ID theft. A highly intuitive interface ensures the software is easy-to-install and easy-to-use. The 2012 product line includes proactive protection against banking Trojans, a plug-in for Microsoft Outlook, and G Data’s exclusive Idle Scan technology, which scans the computer only when it is not being used, in order to maximize productivity and efficiency.

The ultimate foundation for consumer protection, AntiVirus 2012 is ideal for strong, easy-to-use protection against viruses, malware, phishing and spyware. AntiVirus 2012 for three PCs sells for $39.95 retail.

Source:http://www.marketwatch.com/story/g-data-software-ranks-number-one-in-world-for-malware-protection-2011-10-19

Triple Point Software Used by World’s Top Commodity Traders

August 16th, 2011

Triple Point Technology, the leading global provider of software to manage commodities and enterprise risk, announced today that Triple Point’s Commodity XL™ platform is the solution-of-choice for the world’s largest and most advanced energy and commodity trading companies.
In the last ten years, there has been a dramatic upturn in the trading of commodity futures, options, and other derivatives. Organizations exposed to the commodities markets are in a challenging space, facing calls for increased regulation, risk controls, environmental standards, and concerns over the debt crisis in the European Union. Managing commodities and risk in a proactive, informed manner is more crucial than ever to success.
In a recent article, Reuters ranked the world’s top independent oil and commodity traders, identifying Vitol Group, Glencore International AG, Cargill Inc., Koch Industries, Trafigura, and Gunvor International as the largest. Four of the top six organizations recognized rely on Triple Point’s commodity management software to effectively manage commodities and enterprise risk.
Commodity XL is the most advanced and complete solution for commodity trading houses, providing a real-time, enterprise view of position, supply chain, and risk. The enterprise, multi-commodity platform delivers superior business intelligence for proactive decision-making and competitive advantage. Commodity XL integrates physical and financial trading, provides sensitivity analysis, enables “what-if” scenarios, and improves business process efficiency across front, middle, and back offices.
“Our mission from day one has been to provide the most advanced systems, tools, and models to help clients profitably trade, transport, and store commodities, as well as manage the associated risks,” said Michael Schwartz, chief marketing officer, Triple Point. “Seeing the top commodity traders in the world benefit from our products reaffirms Triple Point’s position as the leader in energy and commodity management software.”

Source:http://www.marketwire.com/press-release/triple-point-software-used-by-worlds-top-commodity-traders-1549561.htm

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