Latest news with #SouriGovindarajan
The Hindu
3 days ago
- Business
- The Hindu
IoT tracking devices to be activated on five APSRTC buses
US-based BONbLOC, a leading provider of SaaS (Software as a Service) solutions for specific industries using blockchain, Internet of Things and data science technologies, has opened its Vijayawada hub at Medha Towers (Gannavaram) here. It marks a significant milestone in BONbLOC's strategic expansion across India, said BONBLOC CEO Souri Govindarajan. On the occasion, he announced the inauguration of SPOTBUS IoT devices in five APSRTC buses at Vijayawada, Guntur, Kakinada, Visakhapatnam and Tirupati on August 15 in alignment with the Stree Shakti scheme of free bus travel for women. These devices enable real-time tracking and route optimisation, enhanced safety and monitoring, and data-driven insights for fleet management. The company has plans to invest in the Vijayawada Hub over the next 24 months, aimed at infrastructure, talent acquisition and technology enablement. Its future goals include launching a Centre of Excellence for Supply Chain and Compliance Technologies in line with the AP IT and Global Capability Centre (GCC) Policy (4.0) 2024–2029, partnering with local academic institutions for skill development and internships, and driving regional employment, thereby contributing to AP digital economy.
New Indian Express
4 days ago
- Business
- New Indian Express
BONbLOC inaugurates Vijayawada hub, to roll out SPOTBUS devices
VIJAYAWADA: BONbLOC Technologies Limited opened its state-of-the-art hub at Medha Towers near Vijayawada on Wednesday, marking a significant milestone in the company's strategic expansion across India. The move reinforces its commitment to innovation, regional development, and customer-centric service delivery. 'Our expansion into Vijayawada is a strategic move to strengthen our offshore capabilities and tap into the region's growing talent pool. With our new product launches and ISO-certified operations, and smart mobility solutions, we are well-positioned to deliver transformative value to our clients while fostering a vibrant, socially inclusive workplace culture,' BONbLOC CEO Souri Govindarajan said. Stating that 'the launch of the Vijayawada Hub is more than an expansion – it's an embracing step toward shaping the future of technology-driven business transformation in India,' Govindarajan said, 'BONbLOC remains steadfast in its pursuit of excellence, innovation, and customer value. As we continue to grow, we invite partners, clients, and talent to join us in building a smarter, and more connected world.' In alignment with the Stree Shakti – Free Bus for Women scheme, set to be launched in August 2025, Govindarajan said BONbLOC will inaugurate its SPOTBUS IoT devices in five APSRTC buses across Vijayawada, Guntur, Kakinada, Visakhapatnam, and Tirupati. 'These devices enable real-time tracking and route optimisation, enhanced safety and monitoring, and data-driven insights for fleet management,' he said.
Time of India
4 days ago
- Business
- Time of India
BONbLOC Technologies launches state-of-the-art hub in AP
Vijayawada: In what could be an indication of Amaravati's growing clout in the IT sector, a leading blockchain technology firm in the world, BONbLOC Technologies Limited, set its foot in Andhra Pradesh with the launch of its state-of-the-art hub at IT Towers, Gannavaram. This marks a significant milestone in BONbLOC's strategic expansion across India, reinforcing its commitment to innovation, regional development, and customer-centric service delivery. The new facility is designed to serve as a high-performance offshore service centre. Curiously, BONbLOC has partnered with the state govt to launch advanced devices in APSRTC buses ahead of the state govt's launch of free travel services for women under Sthree Shakti from August 15. Speaking to the media after the inauguration, BONbLOC CEO Souri Govindarajan said that the BONbLOC Technologies developed the 'Spot Bus IoT device,' which will be installed in RTC buses as part of a pilot project. These devices will be launched in buses in Vijayawada, Guntur, Kakinada, Visakhapatnam, and Tirupati by chief minister Chandrababu Naidu, deputy chief minister Pawan Kalyan, IT minister Nara Lokesh, home minister Vangalapudi Anita, and revenue minister Anagani Satya Prasad in different locations. The CEO explained that these devices, equipped with specially installed 360-degree cameras, will enable real-time monitoring of RTC bus movements. The devices will assist in surveillance, emergency services, safety, and data management required for bus operations. The CEO stated that by providing AI-based services in govt programmes related to women empowerment and public service, the company aims to play a key role in the state's innovations. He said that the company will offer services in the pharma, health, automotive, retail, and food sectors. The CEO also announced that the company will soon establish a Centre of Excellence (CoE) in Vijayawada. He highlighted that BONbLOC is among the top ten blockchain companies known for innovative breakthroughs. He said that they are happy to expand BONbLOC, a rapidly growing company in the US, to Andhra Pradesh. He emphasised that their goal is to deliver high-quality software services to customers in less time and at lower costs. He assured that the company will provide help in projects related to artificial intelligence, blockchain, and IoT. He also noted that Andhra Pradesh, with opportunities for investments in IT and other sectors, has the potential to achieve economic growth of 2.4 trillion dollars. "BONbLOC's expansion in Vijayawada aligns with our mission to enable customers to realise unprecedented business value and is a testament to our dedication to becoming an advanced Information Technology company," said Govindarajan. He said that they are committed to doing whatever it takes to earn and build customer trust and satisfaction in our products and services. The event was attended by BONbLOC's director of corporate services, Jamunadevi Dayanidhi, and director of the public business unit, Sairam Matti. "We enable businesses to generate several million dollars in savings for our customers through supply chain visibility & agility, food & drug safety, wastage reduction, recall management, traceability, inventory turns, and regulatory compliance," said Jamunadevi. Stay updated with the latest local news from your city on Times of India (TOI). Check upcoming bank holidays , public holidays , and current gold rates and silver prices in your area.
