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…
Nokia & Elisa First in Europe to Trial 100G PON
Nokia announced Elisa, a Finnish market leader in telecommunications and digital services, will deploy its Lightspan MF solution to enhance its existing fiber network and deliver new ultra-broadband services to customers across Finland. Leveraging Nokia’s fiber solution, Elisa will be the first service provider in Europe to demonstrate 25G, 50G, and 100G PON services, highlighting the superior broadband speeds it can deliver across its existing fiber network.
In Artificial Intelligence news this week….
Automat-it Announces GenAI Deal with AWS
Automat-it, an AWS Premier Tier Partner, has announced that it has signed a new 3-year GenAI Strategic Collaboration Agreement (SCA) with AWS. This development positions Automat-it as one of the key global partners chosen to drive forward generative AI initiatives, including being selected as a key partner for OpenAI to Bedrock migrations.
In FinTech news this week….
Nium & Partior Partner on Real-Time Cross-Border Payments
Nium, the leading global infrastructure for real-time cross-border payments, announced a partnership with Partior, the blockchain-based fintech for clearing and settlement at the Singapore Fintech Festival 2024. The partnership makes Nium the first fintech payment service provider (PSP) on the Partior network. Financial institutions will be able to connect with Nium via Partior for 24×7, transparent, real-time payouts, clearing, and settlement to over 100 markets worldwide.
In Computer Science news this week…
Ansys & IonQ Bring Quantum Power to Engineering Industry
IonQ, a leader in the quantum computing industry, and Ansys, have joined forces to integrate quantum computing into the $10B computer-aided engineering (CAE) industry.* Together, IonQ and Ansys aim to accelerate simulation, expand high-fidelity design exploration, and reduce product development timelines, enabling faster market entry for innovative products.
In HealthTech news this week…
Tempus Launches Immune Profile Score for Clinical Use
Tempus AI, Inc., a technology company leading the adoption of AI to advance precision medicine and patient care, announced the clinical launch of its Immune Profile Score (IPS) algorithmic test. IPS, which is now available for clinicians to order, is a multimodal biomarker that can be used as a prognostic indicator for adult patients with stage IV and metastatic pan-solid tumors who are already considered candidates for immune checkpoint inhibitor (ICI)-based therapy.
In Information and Communications news this week…
BigTime Software Acquires WorkRails to Boost CPQ & Workflow
BigTime Software, a leading provider of time tracking, project management, resource management, invoicing, and payment solutions for professional services businesses, is excited to announce its acquisition of WorkRails, a company renowned for its advanced Configure, Price, Quote (CPQ) and workflow automation platform built specifically for professional services organizations. This strategic acquisition furthers BigTime’s mission to provide end-to-end solutions that empower professional services firms to streamline operations, optimize workflows, and accelerate growth.
Article of the Week
Understanding Edge Management: A New Era in IoT Infrastructure
Organizations are increasingly adopting Internet of Things (IoT) technologies. Edge management has emerged as a critical component of modern infrastructure that helps organizations to efficiently store & process data. It helps businesses enhance device management, optimize property management, and improve overall operational efficiency. Let us understand this interesting concept and its role in revolutionizing how companies collect, store, and manage their data.