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ITDigest’s Weekly News Roundup Featuring Cadence, Oracle, Effectual, Lenovo, Visa, and more

Posted by By News Desk 6 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…

Cadence Collaborates with Broadcom to Implement AI-Driven Solutions with Impressive Quality of Results 

Cadence Design Systems, Inc.announced a collaboration with Broadcom Inc. to implement new AI-driven design flows to accelerate the delivery of their innovative 3nm and 5nm designs. Using the AI-driven Cadence Cerebrus™ Intelligent Chip Explorer, many business units achieved impressive performance, power and area (PPA) benefits. Given the complexity and size of Broadcom’s product designs at advanced nodes, AI-driven technology can be a game changer to achieve aggressive time to tapeout schedules.

 In Business Technology news this week…

Oracle Helps HR Teams at Mid-size Enterprises Accelerate Time to Value 

Nearly every facet of work is undergoing rapid change. These changes present challenges for organizations of all sizes but can be particularly daunting for mid-size enterprises as they often struggle to find cost-effective HR tools that allow them to quickly respond to change, minimize complexity, and scale HR processes as they grow.

In Cloud Computing news this week…

Effectual Recognized as HashiCorp Rising Star Partner of the Year 

Effectual, a modern, cloud-first managed and professional services company, has been named the 2023 HashiCorp Rising Star Partner of the Year Award. Effectual was recognized for ongoing efforts to continually expand its HashiCorp expertise and deliver innovative solutions that help enterprises adopt modern automation and security using the power of HashiCorp’s products. Effectual is a Hyper-Specialized member of the HashiCorp Partner Technical Competency Program for Systems Integrators. This award follows Effectual earning the HashiCorp Infrastructure Competency and the HashiCorp Security Competency over the past year.

 In Artificial Intelligence news this week…

Lenovo sets the stage for “AI for everyone” ahead of global tech event Techworld ’23 

Lenovo will host Tech World, a global innovation event, in Austin, Texas. The event has been held for nine consecutive years and will be held in-person for the first time since 2019. This year’s theme is “AI for everyone,” and with a focus on the era of artificial intelligence (AI), designing, driving, and redefining the next generation of AI products, solutions, and services, Lenovo will help businesses and consumers Explore how to accelerate true AI-driven outcomes for both people and people.

 In Computer Science news this week…

Crusoe Builds Climate-Focused Cloud for Generative AI with HPE Supercomputers 

Hewlett Packard Enterprise announced that its market-leading HPE Cray supercomputers were selected by Crusoe to power new cloud services, which are designed to drive sustainable computing for generative AI and other compute-intensive workloads.

In FinTech news this week….

Visa Economic Empowerment Institute announces the formation of an advisory board focused on developing practical policy solutions 

Visa, a global payments technology company, announced the formation of an advisory board for the Visa Economic Empowerment Institute. The Visa Economic Empowerment Institute is a forum dedicated to original research and public-private dialogue on payments and public policy. The Advisory Board will provide the Institute with decades of shared insights and experiences from some of the leading thought leaders in international finance and diplomacy in world. Thanks to the Advisory Board’s strategic direction, the Visa Economic Empowerment Institute will be able to boost its program to promote access to digital payments and unlock new opportunities for economic growth.

In HealthTech news this week…

DaVita Collaborates with Google Cloud to Develop Customized Clinical Operating System Designed to Transform Kidney Care 

DaVita Inc. and Google Cloud announced that the organizations have collaborated to create a new clinical operating system that sets a foundation for streamlined kidney care for more than 200,000 DaVita patients.

In Information and Communications news this week…

BlackBerry Announces Generative AI Powered Cybersecurity Assistant 

BlackBerry Limited  announced its new Generative AI powered assistant for Security Operations Center (SOC) teams. The enterprise-grade solution acts as a SOC Analyst providing Generative AI based cyberthreat analysis and support to enhance CISO operations. It leverages private large language models (LLMs) for greater accuracy and data privacy.

Article of the Week

Unlocking the Potential of Software-Defined Perimeters

Software-defined perimeter

 Software-defined perimeter (SDP) is like a smart security system for today’s complex cloud-based networks. It lets you control who can access what, ensuring only authorized users get in securely. It’s basically about the “need to know” approach. This is exactly what we will be looking into in this blog. Let’s go!

VPNs and SDPs offer secure access to networks, but they approach it differently. VPNs connect devices to networks, while SDPs focus on secure connections between authorized users and resources based on identity and device posture. In today’s evolving threat landscape, SDPs provide a more flexible and secure access control solution with granular control over network access.

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