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 Business Technology news this week…
DynPro Expands Product Portfolio With Strategic Investment in TechTorch. DynPro, a Digital Transformation Company in North America, is pleased to announce that it has completed a stra-tegic investment and go to market partnership with TechTorch, a software provider that enables enterprises to have a single space to simplify and accelerate technological change. TechTorch is a platform that helps customers successfully build business solutions, from concept to execution.
Vividh Baru joins Kellton as the Global Head of Digital Practice. Kellton, a leading digital transformation company with over 1800 employees worldwide, announced this week that Vividh Baru has been appointed as the new SVP & Global Head of Digital Practice. An experienced business leader, Vividh will lead Kellton’s global Digital Practice, encompassing all digital services including Cloud, Data, AI, Web3.
In Cloud Computing news this week…
Virtana Honored with Four Comparably Awards for the Second Consecutive Year. Virtana, a leading provider of AI-driven monitoring solutions for hybrid cloud management, announced today that workplace insights company Comparably has named Virtana the recipient of four awards for Q4 2022.
Stream Data Centers Expands Strategic Leadership with Newly Appointed VP of Finance Callan Space. Stream Data Centers, an industry leader in delivering exceptional data center experiences to hyperscale and global enterprise customers, proudly announces the newest addition to its executive leadership team: Callan Space as Vice President of Finance.
In Computer Science news this week…
Hive launches HiveMind to supercharge project planning with AI. Hive, the productivity platform provider, announced the public release of HiveMind that uses Artificial Intelligence (AI) to automatically create a project plan in a matter of seconds.
As Artificial Intelligence models are increasingly being integrated into content and note-taking platforms, Hive is pioneering the usage of the models’ capacity for continuous learning and logical decision-making based on in-depth data.
XtalPi and EDDC collaborate in AI-empowered drug discovery program for Non-Small Cell Lung Cancer. XtalPi, a pioneering pharmaceutical technology company powered by artificial intelligence (AI) and automation, announced a strategic collaboration with the Experimental Drug Development Centre (EDDC), Singapore’s national platform for drug discovery and development hosted by the Agency for Science, Technology and Research of Singapore (A*STAR), to discover novel treatment candidates for non-small cell lung cancer (NSCLC).
In FinTech news this week….
OffGrid Launches Innovative Faraday Wallet. Every day, it seems hackers become more brazen as they seek to access a mobile device to cause their own brand of havoc. In just the last year, more than ten million devices worldwide were affected, and ordinary people are scrambling to seek protection.
Landmark Pilot Signals a Connected, Transparent and Secure Future for Carbon Markets. Carbon credit transaction network Carbonplace and Climate Impact X (CIX), a global marketplace and exchange for quality environmental credits, have announced a successful series of proof-of-concept transactions that will dramatically increase the speed, security and accessibility of carbon market trading.
In HealthTech news this week…
Magnetic Resonance Imaging Market to Witness Growth Due to The Increasing Demand for Scans. The traditional magnetic resonance imaging (MRI) approach is being disrupted by portable MRI systems, open design MRI systems, advanced metamaterials, and integration of artificial intelligence (AI) and advanced software technologies. The rising demand for scans, combined with a shortage of radiologists, has compelled the development of novel MRI technologies that shorten scan times and aid radiologists’ decision-making.
PaxeraHealth closes series A funding round led by Sopris Capital. PaxeraHealth, the medical imaging and AI developer, announced the close of its series A financing round led by Sopris Capital, a venture capital firm focused on technology-enabled healthcare solutions.
In Information and Communications news this week…
Stamus Networks Recognized in 2022 Gartner® Market Guide for Network Detection and Response. Stamus Networks, a global provider of high-performance network-based threat detection and response systems, is pleased to announce that the company is included as a Representative Vendor in the recent 2022 Gartner “Market Guide for Network Detection and Response.”
nClouds Advances to No. 20 Among Top 250 Public Cloud MSPs. nClouds, a Premier Tier Services Partner in the Amazon Web Services (AWS) Partner Network (APN) and a leading provider of managed cloud services, was recognized as the No. 20 MSP on ChannelE2E’s Top 250 Public Cloud MSPs list for 2022.
Article Of The Week
How Will Corporate Carbon Footprint Reduction Save Our Planet in Future
Climate change is real and is already here!
Despite what conspiracy theorists might be thinking and governments planning to do about it, environmentalists are urging everyone to shift to sustainability.
To be honest, we can’t ignore the necessity of going sustainable in this rapidly changing climate crisis. In this scenario, when discussing individual contribution, everyone is trying to do what they can.