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 Digital Transformation news this week…
Schneider Electric appoints Robert Cain as Chief Information Officer for North America. Schneider Electric, the leader in the digital transformation of energy management and automation, has appointed Robert (Bobby) Cain as Chief Information Officer (CIO) for its North America region.
As the newly appointed regional CIO, Bobby will be tasked with driving digital transformation and IT landscape evolution to support Schneider Electric’s North America operations and business growth. His responsibilities will include ensuring the realization of strategic transformation initiatives around supply chain resiliency, simplified finance, and a best-in-class employee experience ꟷ in close partnership with the North America Operations leadership team.
MJV Innovation Launches New Book on Business Agility. MJV Technology & Innovation, the global consultancy on business agility and transformation has announced the launch of its newest book, Agile Companies: A Practical Guide. Focusing on how to implement agile business strategy, the new book will immerse business leaders in the agile mindset and methodology.
In Cloud Computing news this week…
Nederlander Theatrical Corp. Provides Notice of Data Security Event. Nederlander became aware of suspicious activity in its environment. We immediately took steps to secure our network, and launched an investigation with the assistance of third-party experts to determine the nature and scope of the incident. Through the investigation, we determined that Nederlander was the target of a cyber-attack that impacted our network and that certain files were subject to unauthorized access. As such, we reviewed the contents of those files to determine what information was contained therein and to whom it related. Upon completion of this review on October 21, 2022, we then worked diligently through November 14, 2022 to reconcile this information with our internal records to confirm the individuals whose information may have been affected and the appropriate contact information for those individuals to the extent possible.
Apiiro’s Cloud Application Security Platform Now Available in AWS Marketplace. Apiiro, a leader in Cloud-Native Application Security, announced that its award-winning security platform is now available on AWS Marketplace. Apiiro’s solution aims to help developers and security engineers fix critical risks across the software supply chain and before releasing their applications to the cloud.
In Computer Science news this week…
Aetina Launches New ASIC-Based Edge AI System Powered by Blaize. Aetina, an edge AI solution provider that offers embedded computing hardware and software for AI and IoT, has launched a new ASIC-based edge AI system powered by the programmable Blaize® Pathfinder P1600 Embedded System on Module (SoM). The Aetina AI inference system—AIE-CP1A-A1—is a small-sized embedded computer designed for different computer vision applications, including object detection, human motion detection, and automated inspection.
Actasys Signs Development Agreement with Alstom. Actasys Inc., a leader in safeguarding sensor functionality in real-world applications, announced they have entered into a development agreement with Alstom to implement their innovative, energy-efficient thermal management devices into Alstom train control and monitoring systems for functionality enhancement and oversight assurance. Relevant systems include robust standard electronic modules and modern communications technologies that Alstom provides as scalable solutions to its customers.
In FinTech news this week….
FINBOA Releases Treasury Onboarding Software for Financial Institutions. FINBOA, Inc., a leading innovator in intelligent process automation software for financial institutions, announced the release of its Treasury Onboarding SaaS solution. This software modernizes and digitizes the commercial and treasury services application process in addition to maintenance, annual review and compliance processes for sales and operations. Removing friction from the Treasury onboarding process results in faster time to revenue, increased growth in Treasury sales and a better experience for customers and staff.
Blue dot & KPMG Germany form Strategic Alliance on offering jointly Taxable Employee Benefits Technology. Blue dot, a leading tax platform for employee-driven spend for Taxable Employee Benefits analysis and VAT recovery,announced a strategic alliance with KPMG Germany. Through this alliance, KPMG Germany can now offer the Blue dot Taxable Employee Benefits (TEB) solution directly to their clients, with KPMG supporting the clients on its implementation, configuration options of submitted transactions by employees for reimbursement for VAT and Employment Tax purposes and where necessary provide professional support as a managed services to comply documentation and effective control mechanisms.
In HealthTech news this week…
Cardiosense, Inc., Completes $15.1 Million Series A Financing to Advance Artificial Intelligence Platform for Heart Disease. Cardiosense, Inc., a Chicago-based digital health company leveraging artificial intelligence and multi-sensor devices to enable early detection of cardiovascular disease, announced today that it has raised $15.1 million in Series A funding, co-led by Broadview Ventures and Hatteras Venture Partners, with participation from Laerdal Million Lives Fund, OSF Ventures, UnityPoint Health Ventures, and Portal Innovations. The capital will be used to support team expansion, accelerate product development, and fund an expansive heart failure study.
PhoreMost and ThinkCyte Collaborate to Advance AI-based Drug Discovery. PhoreMost Ltd. and ThinkCyte K.K. announced a strategic research partnership aimed at advancing modern phenotypic drug screening using artificial intelligence (AI). The partnership leverages both companies’ distinctive technologies in high-throughput drug discovery, PhoreMost’s next-generation phenotypic screening platform, SITESEEKER®, and ThinkCyte’s AI-driven cell characterization and sorting platform, Ghost Cytometry®, with the aim of developing differentiated therapies for a range of diseases with unmet clinical need.
In Information and Communications news this week…
Red Canary and Palo Alto Networks Expand Partnership. Red Canary announced a new integration with Palo Alto Networks, adding Cortex XDR and broadening its detection coverage for mutual customers. This deepening of the partnership between the two companies builds on existing Red Canary integrations, including PAN-OS, Advanced Threat Prevention, and WildFire.
Tenant Inc. Adds Veritec Solutions Integration. Tenant Inc., a leader in self storage technology, has developed an integration with Veritec Solutions to give self storage operators access to powerful pricing analytics tools that optimize revenue generation for their properties.