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 5G Technology news this week…
HFCL collaborates with Qualcomm for 5G millimeter wave FWA product development. The deal between HFCL Limited and Qualcomm Technologies, Inc. will allow HFCL to design and produce 5G mmWave FWA (Fixed Wireless Access) CPE (Customer Premise Equipment) devices. As part of its ongoing efforts to create 5G solutions, HFCL has begun work on 5G mmWave FWA CPE products for the Indian and international markets.
In Business Technology news this week…
Aria Systems to Showcase TM Forum Catalyst Solution at Digital Transformation World. TM Forum’s most lauded catalyst programme participant Aria Systems, the industry leader in assisting businesses grow subscription and usage-based revenue, announced the company will attend Digital Transformation World (DTW) in September to present the findings and solution resulting from its participation. With lower integration costs and a quicker time to market, Aria and its partners have been researching how an event-driven architecture might help service providers create more scalable and adaptable IT architecture.
In Cloud Computing news this week…
Bectran Adds Advanced Approval Automation Engine to Process. The market leader in Credit, Collections & Accounts Receivable Software, Bectran, Inc., has updated its automated risk evaluation and approval framework for processing job sheets for construction projects. Bectran’s Construction Project Job Sheet Management Solution will identify and manage credit and performance risk while digitising and automating the approval process for construction projects.
The solution utilizes industry- and business-specific risk criteria to evaluate and approve project job sheets automatically, eliminating wasted time while ensuring data accuracy. The solution leverages robust risk management models to evaluate in real-time both credit and performance risk.
Maru launches the world’s first implicit response data collection platform to enhance decision making. Author of Feel, Behave, Think: The Pathway to Human Decision Making and Chief Innovation and Solutions Officer at Maru According to Todd Trautz, “Our decision-making process occurs in two modes; one that is conscious, slow, controlled, and rule-following (system 2) and the other that is subconscious, quick, instinctive, associative, and emotion-based (system 1). (system 2).
95% of the decisions we make are made in the unconsciously active system 1 mode. We can interpret clearly expressed beliefs with greater assurance if we include the context discovered by collecting implicit response data.
In Computer Science news this week…
Blippar’s No-Code AR Creation Platform, Blippbuilder, Is Now Completely Free to Use. The renowned augmented reality (AR) technology and content platform Blippar has announced that its user-friendly web-based AR development tool, Blippbuilder, will now be available for free. In response to requests from creators for unfettered access to web AR tools, Blippar has implemented this free approach in order to further its mission of enabling widespread global access to the creation and publication of augmented reality content.
Blippbuilder is the most well-liked no-code tool on the market with 250k active users. By eliminating view-based pricing, Blippar will enable even more creators to seize the chance and begin constructing, making Blippbuilder the standard AR development platform for both private and business use.
In FinTech news this week…
Unit Partners with Thread Bank to Expand Banking-as-a-Service Ecosystem. The Rogersville, Tennessee-based Thread Bank and Unit, a leading platform for banking-as-a-service that enables businesses to integrate financial services into their products, have established a strategic alliance. Now, businesses can quickly and effectively integrate a whole range of banking services into their goods, including accounts, cards, payments, and lending, using a single platform.
Unit CEO and co-founder Itai Damti stated, “In partnership with Thread, Unit will be able to empower additional enterprises to offer distinctive banking products based on industry-leading technology and partners.
In HealthTech news this week…
ScanSTAT Technologies expands health information management services with acquisition of Georgia-based ResolveROI. ResolveROI, a release of information (ROI) service and technology provider with headquarters in Savannah, Georgia, has been acquired by ScanSTAT Technologies, a top provider of health information management (HIM) solutions. This acquisition demonstrates ScanSTAT’s ongoing commitment to enhancing the health information management tools available to its customers nationwide.
Resolve ROI’s track record of providing top-notch, technologically advanced information release and audit solutions made the company an obvious match for ScanSTAT’s guiding principle of giving clients and patients the assurance that their requests for health information will be handled correctly, securely, and quickly.
In Information and Communications news this week…
Graduway + Gravyty + Gratavid announce launch of Gravyty — the leading software company for social good. The world’s most innovative social good software firm, Gravyty, your force for good, has been launched by SaaS companies formerly known as Graduway, Gravyty, and Gratavid. It focuses on maximising the potential of member communities.
Gravyty is the most innovative SaaS provider for educational institutions, organisations, and businesses thanks to an ecosystem of products created with patented technology, video software, and artificial intelligence. Over the course of several years, Gravyty strategically grown through mergers and alliances with reputable industry leaders. It now empowers organisations to manage digital fundraising initiatives, automate administrative duties, and communicate with their communities in a genuine way.
Article of the Week
Transferring data across computers, storage media, or formats is referred to as data migration. Leading manufacturers offer data migration solutions that can assist with everything from straightforward file transfers to extensive migrations across various environments. Any system deployment, upgrade, or consolidation requires data migration, which can be done in a way that is as automated as possible.
To achieve an automated migration, data migration is often carried out programmatically, freeing up human resources from laborious duties. Data migration can be difficult; to make sure that everyone involved is on board with the process, meticulous planning and execution are needed.