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…
Variscite & Memfault Partner on IoT Observability & OTA
Variscite, a leading worldwide System on Module (SoM) designer, developer and manufacturer, announced a partnership with Memfault to expand Variscite SoM management, security, and over-the-air (OTA) capabilities. This collaboration gives Variscite customers access to Memfault’s platform for comprehensive device monitoring, debugging, and remote updates.
In Business Technology news this week….
Virtusa Advances Growth with Mav3rik Acquisition
Virtusa Corporation, a global provider of digital strategy, engineering, and IT services, announced its acquisition of Mav3rik, a leading Australian-based consultancy specializing in Salesforce and MuleSoft advisory and implementation services. Mav3rik has built a strong reputation across the public sector, healthcare, and other key industries throughout the Asia-Pacific region.
In Cloud Computing & Mobility news this week….
Backblaze Debuts Console, Access Controls for Zero Trust
Backblaze, Inc., a leading innovator in cloud storage solutions, introduced a private preview of its new enterprise web console. Purpose-built to meet the needs of large-scale organizations and managed service providers (MSPs), the new console offers advanced features such as role-based access controls (RBAC) and mandatory multi-factor authentication (MFA) to strengthen data security.
In FinTech news this week….
Focus Financial Names Mark Israel as CTO
Focus Financial Partners Inc., an interdependent partnership of wealth management, business management, and related financial services firms, announced the appointment of Mark Israel as Chief Technology Officer, effective May 27, 2025. Mr. Israel joins Focus at a pivotal moment in its evolution as the company accelerates its technological and digital transformation in pursuit of reimagining the client and advisor experience.
In Cybersecurity news this week….
Strider Unveils AI-Driven Strategic Intelligence Tools
Strider Technologies, Inc. , a leading provider of strategic intelligence, announced innovative new capabilities for Spark , its proprietary, AI-powered intelligence engine that is transforming how organizations identify and mitigate risks associated with state threats.
In Information and Communications news this week…
Pixee Raises $15M to Automate Code Security for GenAI Devs
Pixee, the creator of innovative solutions that empower security teams to match the productivity of AI-powered development, announced that it has raised $15M in seed funding. The round was led by Decibel and Wing VC, with participation from TEDCO, PrimeSet and strategic investors, including early GitHub engineer Zach Holman, HackerOne Founder and CTO Alex Rice, Oracle SVP of Cloud Operations Brian Chess, and more.
Article of the Week
What Is Asset Intelligence? A Complete Guide for Enterprises
Enterprise operations are built on assets. These assets can be physical, digital, human, or hybrid. They range from factory equipment and fleet vehicles to cloud infrastructure and software applications. Every process, every customer interaction, and every strategic initiative depends on assets performing as expected. The challenge is that most organizations track assets only at a surface level.