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…
Nomad Internet’s Groundbreaking 4G/5G Outdoor Wireless Modem Brings Lightning-Fast Speeds to Rural Homes and Businesses. Since Nomad Internet’s debut in 2017, the wireless internet company has been shattering the traditions of rural web access with lightning-fast wireless options. Now, Nomad Internet is continuing this tradition of leading-edge technology and exceptional service with the debut of the Nomad Ark.
In Business Technology news this week…
Retailers embrace AI transition to the cloud with SymphonyAI and Oracle. SymphonyAI, a leader in high-value enterprise AI SaaS for strategic industries, announced a collaboration with Oracle to offer SymphonyAI solutions on Oracle Cloud Infrastructure (OCI) using key services including Oracle Exadata Database Service, GPU-accelerated computes, and performance monitoring. Starting with SymphonyAI’s retail and CPG vertical solutions, customers can now transition to the cloud to shorten technology deployment time and help ensure better real-time services with robust scalability and reduced costs.
UST Receives Gold Recognition from Brandon Hall HR Tech Excellence Awards. UST, a leading digital transformation solutions company, has won GOLD at Brandon Hall’s HR Tech Excellence Awards 2022 in the ‘Best Advance in Business Strategy and Technology Innovation’ category. This recent win brings UST’s total Brandon Hall Awards to 10 for 2022. UST was recognized by judges for its use of Open Talent to accelerate UST’s internal HR digital transformation.
In Cloud Computing news this week…
Google Cloud Unveils New AI Tools for Retailers. Ahead of NRF 2023, the retail industry’s largest event, Google Cloud introduced four new and updated AI technologies to help retailers transform their in-store shelf checking processes and enhance their ecommerce sites with more fluid and natural online shopping experiences for customers.
Tredence Launches ATOM.AI, an Integrated Accelerator Ecosystem for Retailers and CPGs at NRF 2023. Tredence, the Data Science and AI Solutions company, announced the launch of ATOM.AI, an intelligently engineered platform that leverages AI to accelerate data and analytics modernization. Tredence announced the launch of ATOM.AI for retailers and consumer goods companies at NRF, the leading retail industry show hosted by the National Retail Federation.
In Computer Science news this week…
NashTech makes strategic acquisition of North American cloud and data solutions provider, Knoldus. NashTech, the global technology solutions business of Nash Squared, has acquired Knoldus as part of its strategic expansion in North America.
Aragon Research Recognizes Cresta as an “Innovator” in the Globe for Conversational AI in the Intelligent Contact Center. Cresta, the leader in real-time intelligence for the contact center, has been listed by Aragon Research, Inc in the “Innovator” section of the Aragon Research Globe for Conversational AI in the Intelligent Contact Center Report. The report recognizes the leading providers using conversational AI technology to improve customer and employee experience.
In FinTech news this week….
JourneyTEAM Selected for Bob Scott’s VAR Stars 2022. JourneyTEAM has been awarded as one of Bob Scott’s VAR Stars for 2022. This award recognizes 100 organizations honored for their accomplishments in the field of midmarket financial software.
TaxBit Announces Acquisition of Digital Asset Accounting Startup Tactic. TaxBit, the leading tax and accounting provider for the digital asset economy, announces the acquisition of Tactic, a digital asset financial accounting platform that offers a streamlined accounting subledger to save businesses hundreds of hours on critical digital asset management and reporting. This acquisition will combine two leaders in the digital asset accounting space and establish TaxBit’s New York office presence.
In HealthTech news this week…
Ferrum Health Raises $6 Million to Bring Artificial Intelligence into Healthcare. Ferrum Health, a healthcare artificial intelligence (AI) platform developer, announced that it has recently raised $6 million in a funding round led by Urban Innovation Fund, Cercano Management, and Singtel Innov8.
Merck Selects Perceiv AI for Inaugural Digital Sciences Studio Cohort. Perceiv AI announced that the company has been selected by Merck for the inaugural Merck Digital Sciences Studio (MDSS) cohort, along with eight other early-stage biomedical startups from a pool of 152 applicants. The program started in November to fuel innovative digital technologies for drug discovery and development.
In Information and Communications news this week…
Darktrace Publishes 2022 Cyber-Attack Trend Data for Energy, Healthcare & Retail Sectors Globally. Darktrace, a global leader in cyber security artificial intelligence, released three new cyber-threat trend reports revealing 2022 attack data observed across its global customer fleet.1 The industry reports pertain to the energy, healthcare, and retail sectors respectively.
SAS and project44 Team Up to Power Real-Time Visibility and Planning. project44, the leading supply chain visibility platform, and SAS, the leader in analytics software and services, announced its new retail ecosystem partner collaboration which will focus on harnessing supply chain data analytics to minimize disruptions impacting the customer experience.