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…
Crave InfoTech launches white paper on SAP BTP as an intelligent platform. Crave InfoTech has launched a white paper on SAP Business Technology Platform (BTP) titled ‘Future of platform-driven intelligent enterprise computing’ which uncovers the top benefits of an intelligent platform (SAP BTP) amplified by the right extensions/products, a clean core, and user-centric Workflows.
DMI Announces Acquisition of Simplex Mobility. DMI, a global leader in digital transformation and managed services, announced that it has acquired Simplex Mobility (“Simplex” or the “Company”), a leading provider of asset and expense management software. Simplex provides a centralized platform that manages all aspects of a customer’s mobile ecosystem including inventory management, help desk support, and cost optimization.
In Cloud Computing news this week…
Arize Debuts Data Lake Connectors. Arize AI, a market leader in machine learning observability, launched a data lake connectivity solution for BigQuery, Delta Lake, Redshift, and Snowflake. Through Arize Data Lake Connectors, Arize clients with centralized inference stores can instantly link up their ML table data to Arize for robust model observability.
MSRcosmos launches SAP Modernization in a Box solution. MSRcosmos announced that it has launched SAP modernization in a box solution. Powered by Microsoft Azure, the SAP modernization in a box solution aims to transform your SAP landscape into an agile and intelligent enterprise architecture by extracting full capabilities of cloud, data & AI, and intelligent automation.
In Computer Science news this week…
Pioneering Video AI Startup, ShortTok, Announces Jayan Eledath as Chief Technology Officer to Accelerate Innovation and Drive Growth. ShortTok, an early-stage software company developing automated visual storytelling technologies, announces that it will appoint Jayan Eledath as its new CTO.
AWE Announces 150 Projects Advance to ‘MVP Phase’ in $100,000 XR Prize Challenge: Fight Climate Change, Representing 6 Continents In Urgent Worldwide Initiative. Augmented World Expo (AWE), the leading series of worldwide events focused exclusively on the business of augmented reality (AR), virtual reality (VR) all known collectively as XR, today announced that the global metaverse community has enthusiastically responded to the call to action posed by the XR Prize Challenge: Fight Climate Change.
In FinTech news this week….
Beryllium and Cuick Trac™ Secure Investment from Bema Capital. Beryllium InfoSec, Inc., an industry leading provider of secure virtual enclaves and compliance advisory services to the Defense Industrial Base (“DIB”), announced that they have received a significant investment from Bema Capital Investments, a Dallas-based private equity firm.
QuickNode Raises $60M Series B Round To Further Fuel Blockchain Adoption. QuickNode (“the Company”), the leading end-to-end development platform for Web3 builders, announced the closing of a $60 million Series B funding round led by 10T Holdings with participation from Tiger Global, Seven Seven Six, Protocol Labs, and QED, among others, valuing QuickNode at $800M. This latest round will be used to accelerate the Company’s global expansion and further empower the builders laying the groundwork for a decentralized, globally-connected future.
In HealthTech news this week…
AEYE Health announces best-in-class results, proving AI software is capable of predicting the future development of diabetic retinopathy in patients before diagnosable symptoms manifest. AEYE Health, a leading AI company for retinal-based diagnostics, is pleased to announce the recent publication of its paper describing the development of a deep learning algorithm which can accurately predict the future development of diabetic retinopathy in patients without any diagnosable retinopathy symptoms.
Rejuve.AI and TruDiagnostic Collaborate to Create more Accurate Chronological Age Prediction Tools.Rejuve.AI and TruDiagnostic have partnered to generate insights into the biology of aging and the relationship between DNA methylation (measuring DNA expression regulatory elements), metabolomics (the study of chemical metabolites of body processes), and proteomics (the study peptides and proteins) using TruDiagnostic’s rich data set and Rejuve’s AI expertise.
In Information and Communications news this week…
ZeroEyes Achieves ISO/IEC 27001:2013 Certification, Confirming Integrity of Information Security Management System. ZeroEyes, creators of the only A.I.-based gun detection video analytics platform that holds the U.S. Department of Homeland Security SAFETY Act Designation, announced that its Information Security Management System (ISMS) has been ISO/IEC 27001:2013 certified, confirming that all data is properly safeguarded. Cybersecurity consulting and technical services firm Layer 8 Security helped ZeroEyes develop and implement business practices and policies optimized to achieve the certification.
Informed.IQ Teams with FIS To Deliver Faster Lending Validation. Informed.IQ, developer of AI-based software that verifies, streamlines and optimizes loan processing, is collaborating with FIS®, the leading provider of technology solutions for merchants, banks and capital markets firms, to deliver accurate consumer income calculations and validation of applicant data, enabling lenders to make credit decisions faster and more accurately.
Article of the Week
Which In Business Is A ‘Must Have’ To Win Big in 2023?
The earliest memory of technology or the vague concept of it in the 1900s was telephones and television. Since then technology has evolved into a weapon of mass productivity – yes productivity and not production.
