Here is IT Digest’s weekly roundup of the top news from global markets. In this fast-paced world, breaking down information helps readers grasp the nuances that follow the news.
In 5G Technology news this week…
VVDN Inks Contract with C-DAC to Manufacture India’s first indigenously designed HPC server. The C-DAC-designed “RUDRA” HPC servers will be produced by VVDN as part of the National Supercomputing Mission and will be used in C-“PARAM” DAC’s series of Supercomputers. The locally made server can be used in a wide range of industries, including High Performance Computing (HPC) systems, hyperscale data centres, edge computing, banking and commerce, manufacturing, the oil and gas industry, and healthcare.
In Business Technology news this week…
EPAM Achieves Elite Tier Partner Status with Snowflake. As the need for digital transformation increases, businesses must alter their approaches to data in order to remain competitive. It is crucial to choose an experienced partner for businesses wishing to fully utilise the cloud. The data cloud business Snowflake has recognised EPAM Systems, Inc. as an Elite tier partner, according to the company’s announcement, EPAM Systems is a prominent provider of digital transformation services and product engineering.
In Cloud Computing news this week…
NTIS Can Leverage M9 Solutions as a Leading, Innovative Company to Solve Complex Data Challenges. Announced the development of a Joint Venture Partnership (JVP) for the support of data innovation between M9 Solutions and the National Technical Information Service (NTIS). M9 Solutions was selected as a JVP in response to a stringent NTIS review and selection procedure, which is detailed in the linked Federal Register Notice. With the help of NTIS and some of the best minds in data science, M9 Solutions can now support any agency in the implementation of any federal data science project.
In Computer Science news this week…
mParticle acquires AI startup Vidora to help teams augment customer profiles and improve their marketing stacks. A pioneer in customer data infrastructure, mParticle, has announced the acquisition of Vidora, an AI platform for consumer data personalisation. With the acquisition, teams can now quickly build and deploy models across the 300+ API integrations in mParticle’s partner ecosystem to enhance decision-making, segmentation, and personalisation. The integrated offering has the following advantages:
- Increased use of analytics and marketing tools.
- Teams are able to extract more value from their current systems thanks to the power of AI, which makes them smarter and enhances customer interaction on all fronts.
In FinTech news this week…
Otava Selects BillingPlatform for Billing and Revenue Management. Otava®, a leader in custom and compliant hybrid cloud solutions, has chosen BillingPlatform’s BillingCloud and Customer Portal for its billing and revenue management requirements, according to a statement from BillingPlatform, the enterprise monetization platform for today’s innovative business models. Because it can scale to suit the particular business needs of Otava’s hybrid cloud and IT services business, BillingPlatform was chosen as the best billing solution.
GrubMarket Acquires IOT Pay to Enter Financial Services Sector for the American Food Supply Chain Industry. IOT Pay, a renowned fintech firm established in Vancouver, Canada, offers omnichannel payment systems that enable businesses to accept payments both in-person and online on a global scale. GrubMarket just announced that it has successfully acquired IOT Pay. To meet the growing demand for quicker, more adaptable, and more robust digital payment and financing alternatives in the food supply chain business, GrubMarket will use IOT Pay’s technologies and payments infrastructure.
In HealthTech news this week…
Taiwan Firm AHEAD Medicine Disrupting cell analysis with AI to help accelerate disease diagnostics and cell therapy worldwide. Your body’s 37 trillion cells contain health-related secrets. Flow cytometers are devices that hospitals and labs use to examine the size, shape, age, and protein expression of your cells.
A novel AI-enabled cell immuno-profiling analysis tool has been released by AHEAD Medicine, a UC Berkeley SkyDeck-backed startup. The company will be demonstrating their technology at US bio 2022. The platform unlocks the cell-level data essential to vaccine, therapeutic research & development, patient diagnosis, and the safety of next-generation treatments like cell therapy.
Aesthete Genius Puts Patients in Control of Their Aesthetic Treatments With Innovative AI Technology. How patients choose which operations to undergo when seeking aesthetic treatments is changing thanks to a new app. Aesthete Genius employs artificial intelligence (AI) technology to simulate the effects of various aesthetic injectables and procedures on patients and medical professionals. With these examples at their disposal, patients can make more educated judgments about their treatments, and clinics can provide a more involved consultation process by displaying to patients the anticipated outcomes of their therapies.
In Information and Communications news this week…
Quantum Fiber launches multi-gig service, delivering symmetric 8 gigabit internet speeds in select cities. One of the fastest internet speeds in the country is now being provided by Lumen Technologies’ top fibre internet service, Quantum Fiber. Select customers and small businesses in cities close to Denver, Minneapolis, and Seattle can now access upload and download speeds of up to 8 gigabits per second, with more cities to follow. According to Andrew Dugan, chief technology officer at Lumen, “technology is advancing, and so is Lumen as we leverage the power of our fiber network to provide communities greater bandwidth to flourish at work, play, and online life.”
PayNW Now Serving Cannabis-Related Businesses with Compliant Human Capital Management Solutions. PayNW, a well-known and rapidly growing supplier of human capital management (HCM) software and services, has announced that it is now offering its services to cannabis-related businesses (CRBs) across the country. After taking this action, CRBs can now prioritise adherence to changing regulations while supporting employees and using PayNW’s payroll and HR solutions to access conventional banking services.
SICK and Aeva Partner to Bring 4D LiDAR to Industrial Sensing Applications. In order to bring Aeva’s FMCW (Frequency Modulated Continuous Wave) 4D LiDARTM to a variety of industrial sensing applications, including long range sensing, starting with AeriesTM II, Aeva and SICK AG, a leader in next-generation sensing and perception systems, have announced a strategic multi-year collaboration.
In order to introduce Aeva’s FMCW technology to high performance industrial sensing applications, we are happy to collaborate with them, stated Dr. Niels Syassen, Member of the Executive Board in charge of Technology and Digitization at SICK.
