News provided by Technavio Dec 12, 2024, 23:51 ET NEW YORK, Dec. 12, 2024 /PRNewswire/ — Report on how AI is redefining market landscape – The global artificial intelligence (AI) chips market size is estimated to grow by USD 389.25 billion from 2024 to 2028, according to Technavio. The market is estimated to grow at a CAGR of over 68.13% during the forecast period. For comprehensive forecast and historic data on regions,market segments, customer landscape, and companies- Click for the snapshot of this report Report AttributeDetailsBase Year2023Forecast period2024-2028Historic Data for2018 – 2022Segments CoveredProduct (ASICs, GPUs, CPUs, and FPGAs), End-user (Media and advertising, BFSI, IT and telecommunication, and…
Author: PRNEWSWIRE
Read More
News provided by Tata Communications Dec 13, 2024, 02:08 ET MUMBAI, India, Dec. 13, 2024 /PRNewswire/ — Tata Communications (NSE: TATACOMM) (BSE: 500483), a leading global communications technology player, today announced Kaleyra AI — a future forward, artificial intelligence-powered flagship portfolio that’s set to redefine customer interactions. The game changing portfolio will initially offer three distinct capabilities that go beyond traditional communication tools. Designed to integrate effortlessly with communication channels and live agent interfaces, the suite will leverage Generative AI (GenAI) to provide a competitive edge through streamlined, personalised and highly engaging customer interactions. The initial capabilities on offer comprise: “Kaleyra AI represents a powerful leap forward…
News provided by Technavio Dec 13, 2024, 02:25 ET NEW YORK, Dec. 13, 2024 /PRNewswire/ — Report with market evolution powered by AI – The global IT professional services market size is estimated to grow by USD 621.4 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 10.87% during the forecast period. Growing digital transformation is driving market growth, with a trend towards growing adoption of hybrid and multi-cloud environments. However, shortage of skilled workforce poses a challenge. Key market players include Accenture Plc, Amazon.com Inc., Atos SE, Capgemini Service SAS, CGI Inc., Cisco Systems Inc., Cognizant Technology Solutions Corp., Dell Technologies Inc.,…
News provided by Hexaware Technologies Ltd. 13 Dec, 2024, 14:40 IST R Srikrishna recognized for the second consecutive year MUMBAI, India, Dec. 13, 2024 /PRNewswire/ — R Srikrishna, Chief Executive Officer, Hexaware Technologies, has been recognized as one of India’s Impactful CEOs at the 4th Edition of India’s Impactful CEOs Conclave. This marks the second consecutive year Srikrishna has received this honor. This recognition honors Srikrishna’s pivotal role in steering Hexaware toward an AI-first approach, driving growth and transformation. Under his leadership, Hexaware progressed in technological innovation and sustainable business practices. “This recognition is a reflection of the collective efforts of the entire Hexaware family,” said…
News provided by Business Worldwide Magazine Dec 13, 2024, 04:00 ET LONDON, Dec. 13, 2024 /PRNewswire/ — VARTID (Virtual Augmented Real-Time Diagnostics), a pioneer in the integration of augmented reality (AR) and artificial intelligence (AI) for orthopaedic surgery, has been named by Business Worldwide Magazine’s as one of the “20 Most Innovative Companies to Watch, 2024”. This recognition highlights VARTID’s groundbreaking contributions to advancing surgical precision and patient care in orthopaedics. Business Worldwide Magazine’s annual list celebrates organisations revolutionising industries across the globe. Spanning sectors such as healthcare, construction, energy, and technology, the companies selected for this accolade share a commitment to driving…
News provided by Red Canary Dec 12, 2024, 15:15 ET Strong demand for identity and cloud threat protection among large enterprises is fueling Red Canary’s growth DENVER, Dec. 12, 2024 /PRNewswire/ — Red Canary, a leader in managed detection and response (MDR), announced strong Q3 FY25 results, achieving positive operating margins for the first time in company history. These results were buoyed by strength in the enterprise customer segment, with the most recent quarter exceeding 50% growth year-over-year. As identity and cloud threats continue to rise, organizations in nearly every industry are turning to Red Canary for its world class detection and response capabilities across endpoint, identity, and…
News provided by Paessler GmbH – The Monitoring Experts Dec 12, 2024, 16:07 ET IT leaders grapple with security, efficiency, and skills evolution amid digital transformation CHICAGO, Dec. 12, 2024 /PRNewswire/ — The role of the IT professional is undergoing a significant transformation as organizations face challenges in cybersecurity, artificial intelligence (AI), and cloud adoption, according to a new annual report titled “Paessler Perspectives”. Released today by Paessler GmbH, a leading provider of IT and IoT monitoring solutions, the report reveals that 77% of IT professionals identify cybersecurity as their top concern, alongside AI (34%) and cloud adoption (27%). The report notes these forces…
News provided by INDATA Dec 12, 2024, 17:40 ET Implements INDATA SaaS on a Front-to-Back OfficeBasis delivered via iPM Private Cloud GREENWICH, Conn., Dec. 12, 2024 /PRNewswire/ — INDATA, a leading industry provider of cloud-native, SaaS-based solutions for buyside firms, today announced that Paradigm Capital Management (PCM) is live with INDATA’s Software-as-a-Service for Front, Middle and Back Office. With a three-decade history of small-cap investing, Paradigm Capital Management, based in Albany, NY employs a disciplined, bottom-up approach with an emphasis on fundamental analysis and extensive management contact. Paradigm manages $1.8 billion in AUM and offers a range of products including institutional separately managed accounts, proprietary mutual funds, and…
News provided by HyperX Logic Dec 11, 2024, 18:26 ET AUSTIN, Texas, Dec. 11, 2024 /PRNewswire/ — HyperXÒ Logic, Inc. (HXL), a leading innovator in the Cyber Security and Defense microprocessor sector, would like to congratulate former Director of National Intelligence (DNI), and HXL Board Member John Ratcliffe on being nominated as Director of the Central Intelligence Agency (CIA) for the Trump Administration. Ratcliffe will resign from his position at HyperX upon confirmation to the CIA. “John has been an invaluable member of our Board, bringing his exceptional insight, leadership, and expertise that was integral in our development of the fastest, most powerful…
News provided by E2IP Technologies Dec 11, 2024, 20:26 ET MONTRÉAL, Dec. 12, 2024 /PRNewswire/ — Today, we are excited to announce the launch of the E2IP Edge AI Sensing Platform (EAISP), our platform for developers, engineers, and early adopters eager to explore the next frontier of intelligent Edge AI computing. EAISP enables intelligence to be added to devices at the edge, unleashing the real power of smart devices. Powered by the ST Microelectronics AI MCU processor, the STM32N6, EAISP is designed to bring unparalleled AI-powered general sensing and machine vision capabilities to cross vertical applications on edge devices. The Edge AI Sensing Platform combines high-performance machine vision with robust edge…