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…
iBwave Unveils a Complete Solution for Simplified LTE/5G Network Surveys
iBwave delivers a seamless surveying experience that empowers customers to navigate the complexities of modern wireless networks more easily and with an all-in-one handheld solution. This integrated solution caters to the diverse needs of network professionals, while offering a lightweight, cost-effective, and powerful toolset that sets a new standard in the industry.
BigID Wins ‘Top 3 Big Data and AI Vendors to Watch’ in 2023 BigDATAwire Readers’ and Editors’ Choice Awards
BigDATAwire is the leading publication for news and information covering the operationalization of data science in business, government, and industry. The coveted annual BigDATAwire Readers’ and Editors’ Choice Awards are determined through a nomination and voting process with the global BigDATAwire community, as well as selections from the BigDATAwire editors. The awards recognize the companies and products that have made a difference in the big data community this year, and provide insight into the state of the industry.
ORCA Computing Leaps Forward in Quantum Computing Race with Acquisition
ORCA Computing, a leading quantum computing company, has announced the acquisition of the Austin, Texas-based Integrated Photonics Division of GXC. This division is known for delivering advanced photonics solutions to top U.S. commercial and government entities including the Defense Advanced Research Projects Agency (DARPA). Capitalizing on ORCA’s momentum of market success through the deployment of four PT-1 quantum photonics systems in 2023, this acquisition leapfrogs the company ahead, bypassing years of investment in and exploration of traditional integrated photonics materials. It positions the company at the forefront of the worldwide race to deliver powerful, scalable quantum computers.
Ramp Radically Expands Procurement Capabilities with Venue Acquisition and Product Enhancements
Ramp, the finance automation platform designed to save businesses time and money, announced the acquisition of Sequoia-backed procurement startup Venue, as well as improvements to its Procurement product automations. The announcement represents a significant expansion for Ramp beyond corporate cards as the company tackles inefficiencies across the entire financial tech stack.
In HealthTech news this week…
XtalPi Unveils Ailux: A New Chapter in AI-Powered Biologics Discovery
XtalPi Inc. (XtalPi), a globally leading innovative R&D platform company that harnesses the power of artificial intelligence (AI), quantum physics-based computation, and robotic automation to advance the discovery and evolution of groundbreaking therapeutics and new materials, announced today the official launch of its biologics discovery division as a distinct brand, now known as Ailux Biologics (“Ailux”).
In Information and Communications news this week…
Reap Strengthens Its Compliance and Risk Management with Chainalysis
Reap, a leading payment technology company specialising in bridging Web2 & Web3 finances, is proud to announce its collaboration with the blockchain data platform, Chainalysis. Reap is utilising Chainalysis risk solutions that provide advanced transaction monitoring and robust illicit activity detection capabilities for the blockchain, ensuring the utmost protection for Reap’s user funds in the ever-changing digital landscape.
Streaming technology allows for the delivery of video over the internet, reaching a vast number of customers who use various devices such as personal computers, PDAs, mobile cell phones, and other streaming devices. This method of distributing music and video has the potential to reach millions of users. According to recent studies, it has been observed that American consumers strongly favor video content over written material. Surprisingly, a staggering 80% of Americans have expressed their preference for watching videos instead of reading blogs. This inclination towards videos highlights the vital significance of utilizing video content to effectively reach and captivate audiences in the United States.