LONDON, May 31, 2024 /PRNewswire/ — Schneider Electric™, the leader in digital transformation of energy management and automation, has received double honours in two categories at the DCS Awards 2024. The first saw Schneider Electric awarded for the ‘Outstanding Contribution to Diversity, Equality and Social Responsibility’ category for its continued commitments to providing equitable opportunities for everyone, everywhere, and ensuring a safe, inclusive working environment. In collaboration with its UK Elite Data Centre Partners, on365 – a specialist in physical IT and Data Centre infrastructure services, Schneider Electric also won the DCS Award for ‘Data Centre Consolidation/Upgrade Project of the Year’ for the second consecutive…
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NEW YORK and TOKYO, May 31, 2024 /PRNewswire/ – Pixie Dust Technologies, Inc. (Nasdaq: PXDT) (the “Company”), a Japanese technology company focused on commercializing innovative products and materials utilizing proprietary wave control technology, today announced its new debt financing. New debt financing On May 31, 2024, Pixie Dust Technologies, Inc. (the “Company”) reached an agreement with The Shoko Chukin Bank, Ltd. (the “Lender”) to obtain new debt financing (the “New Debt”) in the amount of one billion yen. Below is an outline of terms and conditions of New Debt. Loan Amount1,000,000,000 yenUse of fundsWorking capitalBorrowing DateMay 31, 2024Maturity DateSeptember 30, 2025Principal Repayment MethodPay in a lump sum on the Maturity DateBase…
SINGAPORE, May 31, 2024 /PRNewswire/ — The United Nations Development Programme (UNDP), in collaboration with Singapore’s Infocomm Media Development Authority (IMDA), launched an important global initiative on digital inclusion at ATxSummit, an exclusive invite-only platform bringing together over 4,000 guests from 85 countries across tech and government. Over the next 100 days, the UNDP will initiate a global consultation across 170 countries and territories, national counterparts, and practitioners to generate collective insights on safeguarding digital inclusion. Digital inclusion is a critical foundation for economic and social progress as well as the empowerment of individuals and communities. It expands beyond physical and financial access to technology, encompassing broader…
NOIDA, India, May 31, 2024 /PRNewswire/ — Denave, a leading revenue acceleration solution provider, today unveiled their human-enabled, Generative AI-powered capabilities and data-driven GTM processes, to drive measurable revenue impact for enterprises globally. “Traditional sales and marketing outreach methods are no longer enough to keep pace in today’s competitive landscape,” said Snehashish Bhattacharjee, Global CEO & Co-Founder, Denave. He further added, “Leveraging the power of AI and automation alongside human expertise, our AI-powered service bouquet is empowering businesses globally, responsibly and securely, to target high-intent buyers with laser precision, personalize outreach at scale, and ultimately drive superior revenue results.” As consumers and go-to-market (GTM) motions continue…
HONG KONG, May 31, 2024 /PRNewswire/ — Tencent Cloud, the cloud business of global technology company Tencent, today announced its leading position in the Communications Platform as a Service (CPaaS) Market across the Asia-Pacific region and China. According to the Gartner research titled Market Share: All Software Markets, Worldwide, 2023, Tencent recorded an impressive total revenue of US$559 million, showcasing the highest growth rate globally at an impressive 21.8%. In recent years, with the rapid development of information and communication technology, CPaaS has gradually become a key component of enterprise IT strategies. CPaaS offers remarkable flexibility and robust connectivity, enabling businesses from various industries to adopt cloud communication solutions for scenarios that…
Leading Independent Metals Marketplace Raises $30 Million to Fuel Continued Growth, Innovation ATLANTA, May 30, 2024 /PRNewswire/ — Reibus International, Inc., the leading independent metals marketplace, today announced the appointment of Jared Rowe as its new Chief Executive Officer (CEO) and Chairman of the Board. Rowe brings over two decades of executive experience in the technology and marketplace sectors and will advance Reibus’ mission to revolutionize the industrial materials supply chain. The company also announced $30 million in new funding in a combination of equity and debt from existing investors, including Canaan and Nosara, with HSBC as its banking partner, to fuel its next phase of growth and innovation.…
NEWS PROVIDED BYEPI-USE May 30, 2024, 11:55 ET ATLANTA, May 30, 2024 /PRNewswire/ — Today, EPI-USE, an Advanced AWS Partner and 40-year expert in SAP, Microsoft Workloads, and AWS managed services, announced their partnership with ReluTech, a leading provider of IT solutions including third-party maintenance, hardware procurement, IT asset disposition (ITAD), and cloud migration services. The partnership allows EPI-USE clients to fund their cloud modernization by leveraging ReluTech’s comprehensive data center solutions and asset value recovery services. EPI-USE and ReluTech’s partnership works in concert with the EPI-USE Safe Harbor, Inclusive of Passage (SHIP) Migration program. SHIP’s AWS-certified experts assess the company’s SAP landscape,…
BOSTON, May 31, 2024 /PRNewswire/ — Expert.ai, the industry leader in providing AI-powered language solutions to enterprises, has been named a Leader in The Forrester Wave™: Document Mining and Analytics Platforms, Q2 2024*. From the original pool of 41 vendors in The Document Mining and Analytics Platforms Landscape, Q1 2024** to the 14 companies evaluated across 25 criteria for the Document Mining and Analytics Platforms Forrester Wave Report, expert.ai received the highest scores possible in the criteria of AI: knowledge-based or symbolic, AI:genAI, and AI:document labeling for ML training within the “Current Offering” category and in the criteria of vision, roadmap and adoption within…
USA News Group Commentary Issued on behalf of Avant Technologies Inc. VANCOUVER, May 31, 2024 /PRNewswire/ — USA News Group – With the artificial intelligence (AI) revolution fully underway, the importance and security of the data centers that power the new technology is surging. The role and preservation of these data centers is generating multiple calls for them and their power sources to be recognized as a matter of national security. Former Google CEO Eric Schmidt went so far as to predict that AI data centers will one day be “on military bases surrounded by machine guns,” as stated in an interview with Noema Magazine. According to analysts at Dell’Oro Group, data center spending is forecast to grow at an…
NEWS PROVIDED BYInternational Institute of Information Technology – Hyderabad 31 May, 2024, 13:07 IST HYDERABAD, India, May 31, 2024 /PRNewswire/ — Software Engineering Research Center (SERC) at International Institute of Information Technology Hyderabad (IIITH) will be hosting the 21st edition of the IEEE International Conference on Software Architecture (ICSA) 2024. ICSA is the premier venue for practitioners and researchers interested in software architecture, in component-based software engineering, in quality aspects of software, and how these relate to the design of software architectures. Dr. Y. Raghu Reddy from SERC, IIITH and Prof. Nenad Medvidovic from the University of Southern California, USA are the general chairs of ICSA 2024. Dr. Romina Spalazzese from…