Latest news with #Capgemini
Zawya
2 days ago
- Business
- Zawya
Capgemini to acquire WNS in $3.3bln deal
Cairo – Capgemini, a global business and technology transformation partner, announced it has entered into a definitive agreement to acquire WNS, a leading digital business process services (BPS) provider, in an all-cash transaction valued at $3.3 billion ($76.50 per share). This strategic acquisition strengthens Capgemini's position as a global leader in Agentic AI-powered Intelligent Operations by combining WNS's sector-specific platforms and automation expertise with Capgemini's consulting-led AI and cloud capabilities. The combination brings together Capgemini's consulting-led digital transformation expertise and WNS's industry-leading Digital BPS capabilities, creating unmatched scale and innovation potential. The deal is expected to be accretive to Capgemini's normalized EPS by 4% in 2026 and 7% in 2027 post-synergies. This milestone further solidifies Capgemini's leadership in AI-driven business transformation, empowering enterprises with intelligent automation and next-generation process innovation. About Capgemini Capgemini is a global business and technology transformation partner, helping organizations to accelerate their dual transition to a digital and sustainable world, while creating tangible impact for enterprises and society. It is a responsible and diverse group of 340,000 team members in more than 50 countries. With its strong over 55-year heritage, Capgemini is trusted by its clients to unlock the value of technology to address the entire breadth of their business needs. It delivers end-to-end services and solutions leveraging strengths from strategy and design to engineering, all fueled by its market leading capabilities in AI, generative AI, cloud and data, combined with its deep industry expertise and partner ecosystem. The Group reported 2024 global revenues of €22.1 billion.
Yahoo
5 days ago
- Business
- Yahoo
Bitcoin Traders Are Discussing BTC's Record High, but Quantum Computing Is Threatening the Math Behind It
A new report by Capgemini warns that quantum computing may break the widely used public-key cryptographic systems within the next decade — threatening everything from online banking to blockchain security. The report did not single out bitcoin (BTC), but focused on encryption systems such as RSA and ECC — the same cryptographic primitives that underpin crypto wallets, transaction signatures, and key security in most blockchains. Bitcoin relies on elliptic curve cryptography (ECC) to secure wallet addresses and validate ownership. But ECC, like RSA, is vulnerable to Shor's algorithm — a quantum computing method capable of cracking the discrete logarithm problem, the core math behind bitcoin's private keys. Capgemini's findings were based on a survey of 1,000 large organizations across 13 countries. Of those, 70% are either preparing for or actively implementing post-quantum cryptography (PQC) — a new class of algorithms designed to resist quantum attacks. Yet only 15% of respondents were considered 'quantum-safe champions,' and just 2% of cybersecurity budgets globally are allocated toward this transition. 'Every encrypted asset today could become tomorrow's breach,' the report warned, referring to so-called 'harvest now, decrypt later' attacks. These involve stockpiling encrypted data now in hopes that quantum computers can break it later — a real risk for any blockchain with exposed public keys. In bitcoin's case, that includes over 25% of all coins, which have revealed their public keys and would be immediately vulnerable if Q-Day — the hypothetical moment quantum machines can break modern encryption — arrives. Earlier this week, a draft proposal by Bitcoin developer Jameson Lopp and other researchers outlined a phased plan to freeze coins secured by legacy cryptography, including those in early pay-to-pubkey addresses like Satoshi Nakamoto's wallets. The idea is to push users toward quantum-resistant formats before attackers can sweep dormant funds unnoticed. 'This proposal is radically different from any in Bitcoin's history just as the threat posed by quantum computing is radically different from any other threat in Bitcoin's history,' the authors wrote, as CoinDesk reported. While the timeline for Q-Day remains uncertain, Capgemini's report notes that breakthroughs in quantum error correction, hardware design, and algorithm efficiency have accelerated over the past five years. In some scenarios, researchers believe a cryptographically relevant quantum computer (CRQC) could emerge before 2030. Meanwhile, governments are acting. The U.S. NSA plans to deprecate RSA and ECC by 2035, and NIST has finalized several PQC algorithms like Kyber and Dilithium for public use, Capgemini said. Cloudflare, Apple, and AWS have begun integrating them, but as of Friday no major blockchain network (i.e. with tokens in the top ten by market capitalization) has made such moves. As such, bitcoin's quantum debate remains theoretical and all steps being taken are preemptive. But as institutions, regulators, and tech giants prepare for a cryptographic reset, the math behind crypto's security may not hold forever.
Time of India
5 days ago
- Business
- Time of India
Dai-ichi Life's first-ever GCC outside Japan set up in Hyderabad
The company plans to expand the workforce to 500-600 in the coming years. The focus will be on technology development and enhancing customer experience. Capgemini will initially manage the centre before transferring control to Dai-ichi Life. HYDERABAD: Japanese life insurance major Dai-ichi Life Group has opened its first global capability centre (GCC) outside Japan in Hyderabad. The GCC, which is now operational with around 50-60 techies, will be ramped up to 500-600 over the next two to three years, its global chief digital and information officer Stephen Barnham told TOI here. "We are optimistic about scaling up quickly, given the talent availability in Hyderabad," he said. Barnham said the centre will focus primarily on technology development, especially in enhancing customer experiences through digital solutions. He said setting up of the GCC was significant because of the unique challenges and opportunities it presents in bridging cultural and language differences between Japan and India. You Can Also Check: Hyderabad AQI | Weather in Hyderabad | Bank Holidays in Hyderabad | Public Holidays in Hyderabad Set up in collaboration with Capgemini on a build-operate-transfer (BOT) model on its Hyderabad campus, the GCC will be initially managed by the French IT services giant before transitioning control to Dai-ichi Life, Capgemini CEO Ashwin Yardi said.
Yahoo
5 days ago
- Business
- Yahoo
Bitcoin Traders Are Discussing BTC's Record High, but Quantum Computing Is Threatening the Math Behind It
A new report by Capgemini warns that quantum computing may break the widely used public-key cryptographic systems within the next decade — threatening everything from online banking to blockchain security. The report did not single out bitcoin (BTC), but focused on encryption systems such as RSA and ECC — the same cryptographic primitives that underpin crypto wallets, transaction signatures, and key security in most blockchains. Bitcoin relies on elliptic curve cryptography (ECC) to secure wallet addresses and validate ownership. But ECC, like RSA, is vulnerable to Shor's algorithm — a quantum computing method capable of cracking the discrete logarithm problem, the core math behind bitcoin's private keys. Capgemini's findings were based on a survey of 1,000 large organizations across 13 countries. Of those, 70% are either preparing for or actively implementing post-quantum cryptography (PQC) — a new class of algorithms designed to resist quantum attacks. Yet only 15% of respondents were considered 'quantum-safe champions,' and just 2% of cybersecurity budgets globally are allocated toward this transition. 'Every encrypted asset today could become tomorrow's breach,' the report warned, referring to so-called 'harvest now, decrypt later' attacks. These involve stockpiling encrypted data now in hopes that quantum computers can break it later — a real risk for any blockchain with exposed public keys. In bitcoin's case, that includes over 25% of all coins, which have revealed their public keys and would be immediately vulnerable if Q-Day — the hypothetical moment quantum machines can break modern encryption — arrives. Earlier this week, a draft proposal by Bitcoin developer Jameson Lopp and other researchers outlined a phased plan to freeze coins secured by legacy cryptography, including those in early pay-to-pubkey addresses like Satoshi Nakamoto's wallets. The idea is to push users toward quantum-resistant formats before attackers can sweep dormant funds unnoticed. 'This proposal is radically different from any in Bitcoin's history just as the threat posed by quantum computing is radically different from any other threat in Bitcoin's history,' the authors wrote, as CoinDesk reported. While the timeline for Q-Day remains uncertain, Capgemini's report notes that breakthroughs in quantum error correction, hardware design, and algorithm efficiency have accelerated over the past five years. In some scenarios, researchers believe a cryptographically relevant quantum computer (CRQC) could emerge before 2030. Meanwhile, governments are acting. The U.S. NSA plans to deprecate RSA and ECC by 2035, and NIST has finalized several PQC algorithms like Kyber and Dilithium for public use, Capgemini said. Cloudflare, Apple, and AWS have begun integrating them, but as of Friday no major blockchain network (i.e. with tokens in the top ten by market capitalization) has made such moves. As such, bitcoin's quantum debate remains theoretical and all steps being taken are preemptive. But as institutions, regulators, and tech giants prepare for a cryptographic reset, the math behind crypto's security may not hold in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Time of India
6 days ago
- Business
- Time of India
Dai-ichi Life opens new GCC in Hyd, plans to hire 600 techies
Hyderabad: Japanese life insurance major Dai-ichi Life Group has opened its first global capability centre (GCC) outside Japan in Hyderabad. The GCC, which is now operational with around 50-60 techies, will be ramped up to around 500-600 over the next two to three years, its global chief digital and information officer Stephen Barnham told TOI here. 'We are optimistic about scaling up quickly, given the talent availability in Hyderabad,' he said, pointing out that the strategic move is part of Dai-ichi's plan to leverage India's deep talent pool and technological expertise to drive global growth strategy. Barnham said the centre will focus primarily on technology development, especially in enhancing customer experiences through digital solutions. This includes improving the customer journey in insurance processes, utilising AI-driven solutions for better underwriting, and employing data analytics for more accurate health and life insurance predictions. You Can Also Check: Hyderabad AQI | Weather in Hyderabad | Bank Holidays in Hyderabad | Public Holidays in Hyderabad It will also work on infrastructure engineering and cybersecurity for robust protection of sensitive customer data. He said setting up of the GCC was significant because of the unique challenges and opportunities it presents in bridging cultural and language differences between Japan and India. 'We are building a bicultural and bilingual capability to ensure seamless integration and synergy between our operations in Japan and India,' he explained. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Is it legal? How to get Internet without paying a subscription? Techno Mag Learn More Undo Dai-ichi has a presence in India through its joint venture, Star Union Dai-Ichi Life Insurance (SUD Life). Set up in collaboration with Capgemini on a build-operate-transfer (BOT) model on its Hyderabad campus, the GCC will be initially managed by the French IT services giant before transitioning control to Dai-ichi Life, Capgemini CEO Ashwin Yardi. 'We will leverage our expertise in technology and deep understanding of the Indian market to build a strong foundation for the GCC,' Yardi added.
