ITDigest’s Weekly News Roundup Featuring Intel, Logicgate, Bmc, Cloudera,Eaton, Sas, and more

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 Hardware and Network news this week…

Intel Innovation 2023: Empowering Developers to Bring AI Everywhere

“AI represents a generational shift, giving rise to a new era of global expansion where computing is even more foundational to a better future for all,” said Intel CEO Pat Gelsinger. “For developers, this creates massive societal and business opportunities to push the boundaries of what’s possible, to create solutions to the world’s biggest challenges and to improve the life of every person on the planet.”

In Business Technology news this week…

LogicGate Revolutionizes Compliance Management with Launch of Automated Evidence Collection Feature for Risk Cloud Platform

LogicGate, a leading provider of Governance, Risk, and Compliance (GRC) solutions through its Risk Cloud platform, announced the release of the Automated Evidence Collection feature designed to elevate productivity, control effectiveness and data-driven decision-making while ensuring compliance and security across more than 20 cybersecurity and privacy frameworks.

In Cloud Computing news this week…

BMC Simplifies Application and Data Workflow Orchestration with New Cloud and Data Integrations

BMC, a global leader in software solutions for the Autonomous Digital Enterprise, announced additional new integrations for the Control-M (self-hosted) and BMC Helix Control-M (SaaS) offerings. These integrations help developers, operations teams, data teams, and business users access advanced workflow orchestration connectivity capabilities with an ever-growing set of applications, data sources, and cloud services.

In Artificial Intelligence news this week…

Cloudera Signs Strategic Collaboration Agreement with AWS

Cloudera, the data company for trusted enterprise artificial intelligence (AI), announced that it has signed a Strategic Collaboration Agreement (SCA) with Amazon Web Services, Inc. (AWS). This agreement strengthens Cloudera’s relationship with AWS and demonstrates their commitment to accelerate and scale cloud native data management and data analytics on AWS. Through this agreement, Cloudera will leverage AWS services to deliver continuous innovation and lower costs to customers with Cloudera open data lakehouse on AWS for trusted enterprise generative AI.

In Computer Science news this week…

Eaton delivers industry-first software platform to help data center operators accelerate their digital transformation journey

The rise of artificial intelligence (AI), cloud computing, virtualization and the energy transition has heightened the critical need for data center operators to effectively manage technology assets and resource consumption, intelligent power management company Eaton announced it is helping these operators accelerate digital transformation with its new portfolio of digital solutions designed to further increase uptime, optimize performance and enhance sustainability. The platform, part of Eaton’s Brightlayer Data Centers suite, is the first in the industry to unite asset management, IT and operational technology (OT) device monitoring, power quality metrics and advanced electrical supervision in a single, native application.

In FinTech news this week….

SAS helps banks tackle risk in the cloud

As financial firms maneuver the continued fallout of recent bank failures, analytics and AI leader SAS is expanding its partnership with Microsoft to help banks better manage looming liquidity and interest rate risks. SAS Asset and Liability Management (ALM), powered by Kamakura Risk Manager on Microsoft Azure, supports multi-period, scenario-based, integrated simulation and valuation for risk management, capital allocation and balance sheet optimization.

In HealthTech news this week…

Vial Announces Collaborative Alliance with MLM Medical Labs

Vial, a global tech-driven CRO providing next-generation clinical trial management services, has partnered with MLM Medical Labs (“MLM”), an international central and specialty laboratory with locations in Europe and North America. MLM will provide Vial with central laboratory solutions, including study setup management, sample analysis, proprietary MLM Kit Building – which includes customized, all-in-one sample collections kits, tracking bar-codes, and color-coded labeling solutions – and more.

In Information and Communications news this week…

Oracle Announces New Application Development Capabilities for Oracle Cloud Infrastructure

Oracle CloudWorld Oracle announced new application development capabilities to enable developers to rapidly build and deploy applications on Oracle Cloud Infrastructure (OCI). Designed for cloud native and Java developers, the new capabilities will help developers build highly responsive and efficient cloud native applications while reducing costs. In addition, Oracle is building generative AI capabilities for application development to take advantage of cutting-edge large language models with the level of security and privacy that enterprises demand.

Article of the Week

Demystifying the Decentralized Web: Is Web 3.0 A Revolution or a Buzzwo

The decentralized web, also known as Web 3.0, refers to a vision of the internet that is built on decentralized and peer-to-peer technologies, rather than being based on centralized servers and services. In Web 3.0, control and ownership of data and services are shifted from centralized entities to individual users.

The technology aims to provide increased privacy, security, and censorship resistance. It utilizes technologies such as blockchain, peer-to-peer networks, and cryptography to enable direct interactions between users without the need for intermediaries. This allows for the development of decentralized applications (dApps), decentralized finance (DeFi), and other innovative services that empower users and promote user-centricity.