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…
Singlewire Software Adds Integration with Axis Communications for Enhanced Security Offerings
Singlewire Software, the leader in solutions that help keep people safe and informed, announces its partnership with Axis Communications, a global leader in network video surveillance. The new partnership will include integration between InformaCast mass notification and incident management software from Singlewire and Axis IP audio devices to deliver critical audio communications.
Codoxo Earns Consulting Magazine’s Prestigious 2024 Leader in Technology Award for “Excellence in AI Application”
Codoxo, an innovative AI-based payment integrity platform for healthcare payers, government agencies and pharmacy benefits managers announced it has won a Consulting Magazine 2024 Leaders in Technology award in the “Excellence in AI Application” category. The award recognizes a company’s unique or innovative development, adaptation or application of AI technology solutions applied to address client or industry issues/needs. Codoxo was honored alongside other winners, including Deloitte, Infosys Consulting, Logic20/20, and Protiviti, at an awards dinner on Thursday, May 16 at the Arts District Mansion in Dallas.
NVIDIA Accelerates Quantum Computing Centers Worldwide With CUDA-Q Platform
NVIDIA announced that it will accelerate quantum computing efforts at national supercomputing centers around the world with the open-source NVIDIA CUDA-Q™ platform. Supercomputing sites in Germany, Japan and Poland will use the platform to power the quantum processing units (QPUs) inside their NVIDIA-accelerated high-performance computing systems. QPUs are the brains of quantum computers that use the behavior of particles like electrons or photons to calculate differently than traditional processors, with the potential to make certain types of calculations faster.
Nuvei expands leadership to accelerate growth with appointment of Gang Wang as its Chief Technology Officer
Nuvei Corporation, the Canadian fintech company, announces the appointment of Gang Wang as Chief Technology Officer, reporting to Nuvei Chair and CEO Philip Fayer. Wang will lead Nuvei’s global technology team together with former CTO Max Attias, who has been appointed to the new role of Chief Information Officer.
Waystar Deploys Generative AI to Simplify Healthcare Payments in Collaboration with Google Cloud
Waystar Technologies, Inc., a provider of leading healthcare payment software, announced it is leveraging Google Cloud’s generative AI technology to address some of the U.S. healthcare system’s most complex and critical challenges including administrative burden and substantial spending waste — empowering the human touch of healthcare. The collaboration builds on Waystar’s proven track record of deploying innovative AI solutions into its platform and Google Cloud’s global leadership pioneering generative AI advancements. Waystar’s software platform utilizes AI and machine learning to automate work, improve accuracy, and create a more intelligent and intuitive user experience.
In Information and Communications news this week…
OpenText Buys Cybersecurity MDR Platform
Pillr technology is a cloud native, multi-tenant MDR platform for Managed Service Providers (MSPs) that includes Managed Detection and Response and powerful threat-hunting capabilities. This combination of Pillr technology and OpenText security expertise provides enhanced threat hunting, monitoring, and response for customers where skill gaps, skill shortages, and alert fatigue create a significant need today. The acquisition accelerates OpenText’s Cybersecurity product roadmap to offer key features including API integrations and product/pricing bundling for MSPs seeking a comprehensive solution to protect, detect and respond to cybersecurity threats.
Article of the Week
What is Hyperautomation and How Can Businesses Automate Their Operations?
Hyperautomation involves automating all feasible processes within an organization, leveraging AI, RPA, and other technologies to enhance efficiency. It combines various advanced tools to streamline operations and continually identify new automation opportunities without human involvement. The purpose of hyperautomation is to improve business processes and operations by automating as many tasks and workflows as possible. It aims to streamline operations, increase efficiency, reduce errors, and free up employees from repetitive and mundane tasks. Automation and hyperautomation are closely related, yet they represent two different concepts. Automation involves the execution of repetitive tasks devoid of manual intervention, usually on a limited scale, focusing on individual task solutions.