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ITDigest’s Weekly News Roundup Featuring Onetrust, Epam, microsoft, Cisco, Cloudflare, wimi, and more

Posted by By News Desk 5 Min Read
ROUNDUP

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 Hardware and Network news this week…

OneTrust Delivers Visibility, Lifecycle Management, and Risk Mitigation for Enterprise AI 

TrustWeek 2023 – OneTrust, the market-defining leader for trust intelligence, announces OneTrust AI Governance is now available on the Trust Intelligence Platform. OneTrust AI Governance enables visibility and transparency in adopting and governing AI use throughout the organization so companies can manage AI systems and mitigate risk.

In Business Technology news this week…

EPAM Expands Partnership with Microsoft – Becomes Globally Managed Enterprise Systems Integrator 

EPAM Systems, Inc, a leading digital transformation services and product engineering company, announced that it is now a Microsoft globally Managed Enterprise Systems Integrator (SI) partne r helping to accelerate technology innovation, growth and business impact for enterprises through end-to-end solution design and implementation in the cloud.

In Cloud Computing news this week…

Cisco to Acquire Splunk, to Help Make Organizations More Secure and Resilient in an AI-Powered World 

Cisco, the cybersecurity and observability leader, announced a definitive agreement under which Cisco intends to acquire Splunk for $157 per share in cash, representing approximately $28 billion in equity value. Upon close of the acquisition, Splunk President and CEO Gary Steele will join Cisco’s Executive Leadership Team reporting to Chair and CEO Chuck Robbins.

In Artificial Intelligence news this week…

Cloudflare Collaborates with Microsoft to Enable AI Models to Run Anywhere

Cloudflare, Inc, the leading connectivity cloud company, announced that it is collaborating with Microsoft to make it easier for companies to run AI in the location most suitable for their needs. As inference tasks become more and more distributed, this collaboration will enable businesses to seamlessly deploy AI models across a computing continuum that spans device, network edge, and cloud environments.

In Computer Science news this week…

WiMi Developed Interactive Virtual Reality Simulation Digital Media System 

WiMi Hologram Cloud Inc, a leading global Hologram Augmented Reality (“AR”) Technology provider, announced that an interactive virtual reality simulation digital media system is developed, which utilizes a variety of technical means, such as virtual reality technology, sensor technology, computer graphics and artificial intelligence, to construct a realistic virtual scene, and through the user’s personal movements, eye tracking and gesture recognition, so that the user can carry out interactive operations in the virtual environment, the system has a high degree of participation and interactivity, which provides the user with a more vivid and intuitive visual, auditory and tactile experience.

In FinTech news this week….

Infinicept and Datacap Join Forces to Provide Software Companies with a Complete Embedded Payments Solution 

Infinicept, a leading provider of embedded payments, and Datacap Systems, Inc., leading hardware and processor-agnostic omnichannel payments provider, announced a partnership to provide coordinated support for vertical software companies on their embedded payments journeys.

In HealthTech news this week…

Microsoft and Mercy collaborate to empower clinicians to transform patient care with generative AI

Microsoft Corp. and Mercy are forging a long-term collaboration using generative AI and other digital technologies to give physicians, advance practice providers and nurses more time to care for patients and improve the patient experience. This work represents what’s next in healthcare for applying advanced digital technologies to the delivery of care to consumers.

In Information and Communications news this week…

Veriff Now Available in AWS Marketplace 

Veriff, a global identity verification provider, announced its identity verification offering is now available in AWS Marketplace, a digital catalog where customers can find, buy, and deploy a wide range of software products and services that are designed to run on the AWS platform.

Article of the Week

The Ultimate Guide to Cloud Migration: Everything You Need to Know

Cloud MigrationCloud migration involves transferring digital business operations to the cloud, similar to physically relocating but with data, applications, and IT processes. Like moving to a larger office, careful planning is pivotal. However, this transformation brings cost savings, increased adaptability, and improved efficiency. The process enables organizations to streamline operations, utilize cloud services, and enhance their competitive edge through flexibility, scalability, and accessibility.

Cloud migration is the process of moving from old or on-site infrastructure to cloud solutions. It can also involve moving data and applications between different cloud platforms. Essentially, it involves relocating digital resources like databases and software.

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