News provided by Technavio Feb 10, 2025, 10:17 ET NEW YORK, Feb. 10, 2025 /PRNewswire/ — Report with the AI impact on market trends – The IT market in saudi arabia size is estimated to grow by USD 5.6 billion from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of 6.9% during the forecast period. Launch of national transformation program is driving market growth, with a trend towards increasing adoption of e-governance. However, increasing threat of cyber crimes poses a challenge. Key market players include Accenture PLC, Al Moammar Information Systems Co., Amazon.com Inc., AT and T Inc., Cisco Systems Inc., Cognizant Technology Solutions Corp.,…
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News provided by Technavio Feb 10, 2025, 22:23 ET NEW YORK, Feb. 10, 2025 /PRNewswire/ — Report with market evolution powered by AI – The global independent software vendors (ISVs) market size is estimated to grow by USD 1.56 billion from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of 11.9% during the forecast period. Rise in volume of enterprise data is driving market growth, with a trend towards increasing adoption of cloud computing by end-users. However, high costs of licensing and support poses a challenge. Key market players include Adobe Inc., Alphabet Inc., Autodesk Inc., Avgi Solutions Inc., Cisco Systems Inc., Dell Technologies Inc., HP…
News provided by Technavio Feb 11, 2025, 02:14 ET NEW YORK, Feb. 11, 2025 /PRNewswire/ — Report on how AI is redefining market landscape – The global wearable technology market size is estimated to grow by USD 99.4 billion from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of over 17.3% during the forecast period. Popularity of wearable devices as a payment method is driving market growth, with a trend towards development of low-power electronics. However, rising penetration of counterfeit products poses a challenge. Key market players include Apple Inc., ASUSTeK Computer Inc., BAE Systems Plc, CINOPTICS, Citizen Watch Co. Ltd., Elbit Systems Ltd., Garmin Ltd.,…
News provided by Technavio Feb 10, 2025, 02:47 ET NEW YORK, Feb. 10, 2025 /PRNewswire/ — Report with market evolution powered by AI – The global data center market size is estimated to grow by USD 535.6 billion from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of 15.6% during the forecast period. Rise in adoption of multi-cloud and network upgrades is driving market growth, with a trend towards implementation of ai in data centers. However, cybersecurity issues poses a challenge. Key market players include 365 Data Centers, Amazon.com Inc., Apple Inc., China Telecom Corp. Ltd., Cisco Systems Inc., CyrusOne LLC, Cyxtera Technologies Inc., Digital…
News provided by Reverie Language Technologies Limited 10 Feb, 2025, 15:07 IST – Forging French-Indian alliance for language inclusion BENGALURU, India and PARIS, Feb. 10, 2025 /PRNewswire/ — At the esteemed AI Action Summit in Paris, co-presided over by key global leaders including the Indian Prime Minister Narendra Modi and the French President Emmanuel Macron, a strategic partnership has been announced between Mediawen (France) and Reverie Language Technologies (India). This collaboration aims to revolutionize video accessibility by enabling seamless localization into 11 Indian languages, fostering inclusivity across diverse audiences. Mediawen, a France-based startup, and Reverie Language Technologies, pioneers in AI-driven speech and text models for Indian languages, have aligned their efforts to uphold the ethical, inclusive, and sustainable ethos of the AI Summit for Action. …
News provided by Quora 10 Feb, 2025, 12:54 IST Custom B2B audience targeting now reaches in-market decision-makers on Quora’s ad platform MUMBAI, India, Feb. 10, 2025 /PRNewswire/ — Business-to-business advertisers can now precisely target high-value audiences within Quora’s 400 million monthly unique visitors globally and 100 million monthly unique visitors in India. That’s thanks to a strategic partnership with Bombora that the companies announced today, launching B2B audience targeting, including Account-Based Marketing (ABM) capabilities, on the knowledge-sharing platform. Through this partnership, advertisers can access Bombora’s comprehensive data covering more than 450 B2B audience segments directly within the Quora Ads platform. The integration enables marketers to precisely target…
News provided by Finastra Feb 10, 2025, 04:00 ET Assist.AI boosts efficiencies and bridges the knowledge gap in trade finance, enabling banks to focus on strategic projects LONDON, Feb. 10, 2025 /PRNewswire/ — Finastra today announced the launch of Assist.AI, an AI-powered assistant designed to enhance the trade finance operations within its Trade Innovation solution. The tool, built on architecture powered by Microsoft Azure OpenAI Service, bridges the knowledge gap in the trade finance industry, providing users with instant, accurate, and context-aware assistance. The trade finance industry faces significant challenges, including a diminishing knowledge base and a widening disparity between seasoned professionals and new…
News provided by Cognizant Technology Solutions Feb 10, 2025, 06:00 ET Alliance will focus on providing advanced AI and automation technologies to enhance efficiency for enterprises building out their operations in the region RIYADH, Saudi Arabia, Feb. 10, 2025 /PRNewswire/ — Cognizant (Nasdaq: CTSH) announced today a three-year strategic partnership with Upsource by Solutions, a distinguished business process outsourcing (BPO) company in Saudi Arabia. This collaboration brings Upsource by Solutions local expertise alongside Cognizant’s global reach to enhance operational efficiencies and strive for exceptional customer satisfaction for clients in the area. The agreement was signed at LEAP 2025. Through this alliance, businesses across the region will gain access…
News provided by Spectral Capital Corporation Feb 05, 2025, 05:00 ET SEATTLE, Feb. 5, 2025 /PRNewswire/ — Spectral Capital Corporation (OTCQB: FCCN), a deep quantum technology platform company, is pleased to announce the achievement of a second major patent milestone in its plan to become a globally competitive leader in quantum computing patents. “We are proud to announce that we have filed 104 provisional patent applications in the field of quantum computing. We promised our shareholders we would have these patent applications filed, completing the initial patent filing from the Vogon Cloud acquisition and we are proud to have done so.” Said Spectral’s…
News provided by Technavio Feb 05, 2025, 04:59 ET NEW YORK, Feb. 5, 2025 /PRNewswire/ — Report on how AI is redefining market landscape – The global private and public cloud market in the financial services industry size is estimated to grow by USD 106.43 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 19% during the forecast period. Growing demand for virtually unlimited storage and big data is driving market growth, with a trend towards development of openstack. However, data security and privacy issues in the private and public cloud in financial services poses a challenge. Key market players include Akamai Technologies…