Crossover to use proceeds to expand its role as the leading ECN in digital assets and bring 24/7 trading to additional asset classes LONDON, June 26, 2024 /PRNewswire/ — Crossover Markets, a digital asset technology firm focused on meeting the unique liquidity requirements of institutions, today announced that it has raised $12 million in its Series A funding round led by Illuminate Financial (Illuminate) and DRW Venture Capital (DRW VC). Illuminate and DRW VC join a growing list of strategic investors that includes institutions such as Flow Traders, Laser Digital, Two Sigma, Wintermute, and retail brokers such as Exness, Gate.io, GMO, Pepperstone, Trademax and Think Markets. “This fundraise comes at a time when institutional market structure is changing in digital…
Author: PRNEWSWIRE
STOCKHOLM, June 26, 2024 /PRNewswire/ — Fixed Wireless Access (FWA) continues to grow in strength as a 5G use case for communications service providers (CSPs) globally with a sharp increase over the past year in the number of CSPs offering the service. The details, alongside Ericsson’s latest mobile industry forecasts, regional breakdowns and customer case studies, feature in the June 2024 Ericsson (NASDAQ: ERIC) Mobility Report. Of the CSPs sampled for the Ericsson study (310 globally), 241 offered FWA services as of April 2024. Of these, 128 – about 53 percent – included a 5G FWA offering. This is a twelve-point increase on the corresponding period…
Southeast Asia’s nascent Industry 4.0 deployments hold key to unlocking manufacturing potential through digital transformation and smart factories NEW YORK, June 26, 2024 /PRNewswire/ — Digital transformation investment in Industry 4.0 solutions by Southeast Asian manufacturers is expected to grow steadily to reach US$301.6 billion in 2028, marking a 32.9% CAGR, according to global technology intelligence firm ABI Research. With most Southeast Asian manufacturers still in the early stages of digital transformation, this growth in spending will significantly improve the efficiency and impact of manufacturing in the region, with the share of manufacturing factories that have implemented smart solutions growing from 6.3% currently to 32.8% by…
NEW YORK, June 25, 2024 /PRNewswire/ — The global virtual events market size is estimated to grow by USD 558.9 million from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 30.25% during the forecast period. Rise in number of corporate events is driving market growth, with a trend towards growing popularity of virtual events in education. However, emerging threat from open-source virtual events solutions poses a challenge. Key market players include 8×8 Inc., Active Network LLC, Adobe Inc., ALE International, Atlassian Corp. Plc, Avaya LLC, Aventri Inc., Bizzabo, Cadence Design Systems Inc., Cisco Systems Inc., Cvent Holding Corp., EventX Ltd., Huawei Technologies Co.…
NEWS PROVIDED BYBeroe Inc. Jun 27, 2024, 04:00 ET Deal builds out Beroe’s leadership in category-level procurement intelligence, with the addition of supplier insights RALEIGH, N.C. and LONDON, June 27, 2024 /PRNewswire/ — Beroe, the provider of the SaaS procurement intelligence and analytics platform used by the majority of Fortune 500 companies, today announced a strategic investment in Forestreet, the leading artificial intelligence-driven software solution for supplier and innovation discovery. Building on Beroe’s existing partnership with Forestreet, this investment will drive further joint innovation, to support the incorporation of the latest AI technology in category- and supplier-level intelligence. The deal will also see Beroe Founder and CEO, Vel Dhinagaravel,…
NEWS PROVIDED BYAlgorand Foundation Jun 27, 2024, 03:00 ET Parkinson’s disease research, sponsored by King’s College London, verifies clinical observation data using the Algorand blockchain LONDON, June 27, 2024 /PRNewswire/ — LabTrace, a blockchain authentication system for data integrity and ownership certification, today announces the completion of the first experimental medicine study (ref ID: NCT03782753) to utilize its on-chain notarization tool, a novel solution to proving the provenance of medical research data. The study, sponsored by King’s College London (KCL), involved patients with Parkinson’s disease. By utilizing the Algorand blockchain, LabTrace has introduced unprecedented transparency, accountability and security in the verification of scientific research data.…
NEWS PROVIDED BYAppian Jun 27, 2024, 04:00 ET Former Software AG VP joins Appian to drive partnerships and business growth in Central Europe BERLIN, June 27, 2024 /PRNewswire/ — Appian (Nasdaq: APPN) has appointed Manuel Melles as Regional Vice President (RVP) for Partners in Central Europe. In this position, he will lead and grow the Appian partner ecosystem in Germany, Austria, Switzerland (DACH), and France to deliver business transformation to customers through process automation. Melles brings extensive expertise and an impressive track record to his new role at Appian. A technology industry veteran with more than 20 years of experience, he has spent the last 15 years in partner management leadership positions at large enterprise…
NEWS PROVIDED BYHuawei Jun 26, 2024, 12:10 ET SHANGHAI, June 26, 2024 /PRNewswire/ — At MWC Shanghai 2024, Huawei’s Board Member and President of ICT Products & Solutions Yang Chaobin discussed how AI technology, particularly generative AI, brings new opportunities and requirements to telecom networks. He also discussed the importance of integrating and applying innovative digital and intelligent technologies to accelerate network evolution towards higher-level autonomy and make networks more productive. In his speech entitled “AI for Networks: Powering Productivity”, Yang said, “The telecom industry has kicked off 5G-A, while generative AI has achieved major breakthroughs. AI, as a foundational technology for network…
NEWS PROVIDED BYTeamViewer Jun 26, 2024, 15:00 ET GÖPPINGEN, Germany, June 26, 2024 /PRNewswire/ — TeamViewer, a leading global provider of remote connectivity and workplace digitalization solutions, today announced it has won the 2024 Microsoft Apps & Solutions for Microsoft Teams Partner of the Year Award. The company was honored among a global field of top Microsoft partners for demonstrating excellence in innovation and implementation of customer solutions based on Microsoft technology. “Winning the Microsoft Partner of the Year Award highlights our commitment to delivering unparalleled value and innovation to our customers” said Alfredo Patron, Executive Vice President of Business Development at TeamViewer. “Our integration…
NEWS PROVIDED BYQuadrant Technologies Jun 26, 2024, 15:00 ET Quadrant honored for excellence in delivering innovative and impactful solutions leveraging Microsoft Azure technologies REDMOND, Wash., June 26, 2024 /PRNewswire/ — Quadrant Technologies today announced that it has been named a finalist of the Microsoft Azure 2024 Partner of the Year Awards. Quadrant was honored among a global field of top Microsoft partners, for demonstrating excellence in innovation and implementation of customer solutions based on Microsoft technology. “We are incredibly honored to be named one of the top 2 finalists for the Microsoft Azure 2024 Partner of the Year Awards,” said Vamshi Reddy, CEO of Quadrant Technologies. “This…