Current Affairs – October, 2016

Latest Current Affairs October, 2016 with Current Affairs, news summary on current events of National and International importance of October, 2016 for Banking, SSC, CLAT, UPSC, State PCS, IBPS, Railways and other Competitive Examinations.

PDF Compilation of these updates can be downloaded from This Link

Infosys unveils Skava Commerce, a modular e-commerce platform

India’s second largest software services major Infosys has launched “Skava Commerce” a new standard for modern, mobile-first and modular e-commerce platform for retailers.

The platform has been developed by Skava, a Silicon Valley-based e-commerce start-up that Infosys had acquired in June 2015 for 120 million dollars.

Key Facts

  • The Skava Commerce platform can help brick-and-mortar retailers to quickly launch new offerings, improve conversion rates of traffic coming from digital channels.
  • It can integrate with existing technologies, while providing a future-ready architecture that will enable next generation shopping experiences.
  • It leverages Artificial Intelligence (AI) and machine learning, natural language processing and virtual reality (VR).
  • It provides suite of e-commerce micro-services that can be used stand alone or in conjunction with others and can be implemented without downtime.
  • Skava Commerce’s modern architecture scales as traffic increases in order to provide a consistent experience across all channels.

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