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ITDigest’s Weekly News Roundup Featuring Persistent, Lakeside Software, Docufree, Yazzoom and More!

ROUNDUP

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  news this week…

Persistent Unveils State-of-The-Art Private 5G Lab

Persistent Systems, a global Digital Engineering provider, recently inaugurated a state-of-the-art 5G Lab to provide a testing and development environment for network functions and product development activities for operators and network equipment vendors, as well as for Communications, Media, and IoT independent software vendors (ISVs). The Lab encourages interoperability and quick deployment to achieve faster monetization of 5G solutions. It will provide a setup to test end-to-end industry use cases in multi-cloud orchestration, Open RAN, MEC, and more.

In Business Technology news this week…

Lakeside Software Launches Velocity Framework to Accelerate Time to Value for Enterprise Clients

Lakeside Software, the leader in digital employee experience (DEX), announced the launch of the new Lakeside Velocity Framework, which outlines a clear path to quickly realizing proven returns from the Lakeside SysTrack platform and guides enterprises through how to successfully handle the most pressing IT challenges. This new program is the signature piece of Lakeside’s mission to arm IT teams with unique, actionable insights derived from the most accurate, comprehensive view of endpoint data.

In Cloud Computing news this week…

Docufree Acquires TrustFlow Digital Solutions

Docufree, a leading provider of enterprise information management (EIM) and digital business process services, announced the acquisition of TrustFlow Digital Solutions, a provider leading the charge to help companies incorporate digitization to accelerate business processes, reduce risk, and securely automate their communication workflows.

In Computer Science news this week…

ATS Acquires AI Process Optimizer Yazzoom

Yazzoom will join ATS’ Process Automation Solutions business, a leading provider of automation and digitalization solutions for the process and manufacturing industries. With a strong focus on advanced data analytics for production process monitoring and optimization, Yazzoom will help accelerate PA’s strategy to drive productivity improvement through digital solutions. This acquisition will allow for an expanded value proposition through the use of integrated data for predictive analytics and insights to drive tangible improvements in production processes.

In FinTech news this week….

Aviva Goes Live with Clearwater Analytics to Power its Investment Accounting Operations

Clearwater Analytics, a leading provider of SaaS-based investment management, accounting, reporting, and analytics solutions, announced that Aviva went live April 1, 2023 on the Clearwater platform as the comprehensive solution for its investment accounting operations and regulatory reporting.Aviva is a leading UK provider of insurance, wealth and retirement products with franchises in Ireland and Canada serving over 18 million customers in the UK, Ireland and Canada and manages group assets of more than £350 billion

In HealthTech news this week…

Abbott Receives FDA Approval for World’s First Dual Chamber Leadless Pacemaker

Abbott announced that the U.S. Food and Drug Administration (FDA) has approved the AVEIR dual chamber (DR) leadless pacemaker system, the world’s first dual chamber leadless pacing system that treats people with abnormal or slow heart rhythms. With more than 80% of people who need a pacemaker requiring pacing in two chambers of the heart (both the right atrium and right ventricle), the approval significantly increases access to leadless pacing for millions of people across the U.S.

In Information and Communications news this week…

LTIMindtree Launches ‘V-Protect,’ Powered By Rubrik, For Comprehensive Data Protection And Recovery

LTIMindtree V-Protect is a first-of-its-kind offering from LTIMindtree which provides data protection and seamless recovery for M365 workloads such as Exchange, SharePoint, OneDrive, and Teams. The solution is designed to mitigate the effects of ransomware attacks, human errors, and data policy breaches to user and company data, as well as validate data compliance.

Article of the Week

Understanding Bard Vs Chatgpt in 2023: Which one is the Best?

Bard Vs ChatgptIf there is one word everyone in the world keeps chanting over and over again, it is chatgpt and bard. Artificial intelligence has always been a topic of entertainment and excitement recently. With the arrival of advanced chatbots like Chatgpt, this obsession with AI has reached an entirely new level.Every day on social media, at least one mention of bard vs chatgpt does the rounds. Up until June 2023, there are over 100 million chatgpt users and chances are you are one of them. The whole world went gaga when OpenAI released a free version of Chatgpt in December 2022 and when Google released Bard as a competitor.