Author: PRNEWSWIRE

OpenText brings together customers, partners and industry luminaries to explore the transformative power of AI as the force multiplier for human potential LONDON, April 15, 2024 /PRNewswire/ — OpenText™ (NASDAQ: OTEX), (TSX: OTEX), the information company, today began its OpenText World Europe event taking place in three locations, London, Munich and Paris, April 15 – 18. OpenText is excited to bring together customers, partners, and industry luminaries to explore the transformative power of information management and artificial intelligence (AI) to elevate human potential. On the first day of the conference, OpenText will announce its strategic Titanium X roadmap and the specifics of Cloud Editions (CE) 24.2. With its latest advancements in Business Clouds, Business…

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Innovative Collaboration Set to Enhance AI Models’ Integrity and Blockchain Security Through AI-Powered Decentralised Networks SINGAPORE, April 15, 2024 /PRNewswire/ — aelf, the high-performance Layer 1 blockchain, and AgentLayer, the world’s first decentralised network tailored for AI agents, have formed a strategic alliance to advance the integration of blockchain with artificial intelligence. Together, they aim to launch a pioneering decentralised AI infrastructure and ecosystem. This alliance plans to bring together stakeholders from across Asia — including leading researchers, startups, government bodies, and industry experts — to collaboratively develop and expand AI-enhanced blockchain infrastructure and applications through open innovation. “This partnership goes beyond technology. It’s a commitment…

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Company unveils its latest information management solutions, powered by AI and designed to catalyze business transformation through reimagining the way work is approached WATERLOO, ON, April 15, 2024 /PRNewswire/ — OpenText™ (NASDAQ: OTEX), (TSX: OTEX), the information company, today announced Cloud Editions (CE) 24.2 at its OpenText World Europe conference April 15-18. OpenText’s innovations combine trusted information management solutions and data strategies with advanced artificial intelligence (AI) capabilities to make work smarter, safer, and simpler. Titanium X is OpenText’s strategic product roadmap to be delivered by CE 25.2. The three areas of innovation are: As AI continues to shape our world, trust and governance is essential for fostering…

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~ From core platform modernization to intelligent document processing, the Gen AI Foundry will empower financial institutions and help maximize the impact of the technology. NEW YORK, April 15, 2024 /PRNewswire/ — Mphasis, (BSE: 526299) (NSE: MPHASIS), an Information Technology (IT) solutions provider specializing in cloud and cognitive services, today announced a multi-year global agreement with Amazon Web Services (AWS). The collaboration marks a significant milestone as Mphasis establishes the Gen AI Foundry, led by Mphasis.AI, a dedicated business unit focusing on artificial intelligence (AI) solutions, AI use case assessments, consulting, and business transformation. The Gen AI Foundry will serve as a dynamic platform for modeling industry use cases and developing proof…

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New encoding using cost-effective NVIDIA GPUs enables optimal processing for media companies LAS VEGAS, April 15, 2024 /PRNewswire/ — Akamai Technologies, Inc. (NASDAQ: AKAM), the cloud company that powers and protects life online, added a new media-optimized offering based on NVIDIA GPUs to its growing cloud portfolio. With the NVIDIA RTX 4000 Ada Generation GPU, the new cloud-based service provides better productivity and economics for companies in the media and entertainment industry that are challenged with processing video content faster and more efficiently. Internal benchmarking conducted by Akamai demonstrated that GPU-based encoding using the NVIDIA RTX 4000 processes frames per second (FPS) 25x faster than…

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MIDDLETON, Mass. , April 15, 2024 /PRNewswire/ — Quadrant Knowledge Solutions announced today that it has named USU as a Q2 2024 service leader in the SPARK MatrixTM analysis of the global Enterprise Service Management (ESM) market. The Quadrant Knowledge Solutions’ SPARK Matrix™: Enterprise Service Management (ESM) 2024, includes a detailed analysis of global market dynamics, major trends, vendor landscape, and competitive positioning. The study provides competitive analysis and ranking of the leading technology vendors in the form of its SPARK MatrixTM. The study offers strategic information for users to evaluate different provider capabilities, competitive differentiation, and market position. According to Kausal Santhosh, Analyst at Quadrant Knowledge Solutions,”USU Enterprise…

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LONDON, April 15, 2024 /PRNewswire/ — Bain & Company today announced that Alexander Schmitz has been appointed to lead its Private Equity (PE) practice in Europe, Middle East and Africa (EMEA), succeeding Christophe De Vusser, the firm’s Worldwide Managing Partner Elect. A 21-year veteran of the firm based in Dusseldorf, Alexander is a senior member of the firm’s partner team in its global PE practice, with a deep track record of delivering successful client results across the full PE value chain. Most recently, he has served as head of Bain’s PE group in the Germany, Austria and Switzerland region (DACH). During his past four years in this position his leadership has seen three-fold growth in the…

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Industry Veteran and Scale Computing Board Member and Advisor, Don Aquilano, Joins the Company as Chief Administrative Officer as Company Sees Explosive Growth INDIANAPOLIS, April 15, 2024 /PRNewswire/ — Scale Computing, a market leader in edge computing, virtualization, and hyperconverged solutions, today announced record revenue for the first quarter of 2024, increasing sales by 35 percent YoY from Q1 2023. Increased partner and customer demand for new virtualization and edge computing solutions drove the record growth. The company also announced that Don Aquilano has joined as Chief Administrative Officer. “We have seen a seismic shift in demand for both enterprise edge computing and alternative virtualization platforms…

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ANNECY, France, April 15, 2024 /PRNewswire/ — Following its distinguished participation as a speaker at Google Cloud Next 2024 in Las Vegas, Cloudiway emerges as the leader in team collaboration migration. Revolutionizing Team Collaboration Migration: Following the launch of its new version of Google Chat collaboration tools and the availability of its APIs, Google introduces its Key Partner Detection Program in 2023, selecting Cloudiway to integrate Google Chat into its migration tool suite. First, Cloudiway developped a solution to migrate from Slack to Google Chat in autumn 2023. A second phase, completed in Q1 2024, added the Microsoft Teams to Google Chat migration scenario to support clients transitioning from…

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FREMONT, Calif., April 15, 2024 /PRNewswire/ — Privacera, the AI and data security governance company founded by the creators of Apache Ranger™, has announced the addition of new access control and fine-grained data filtering functionality for Vector DB/RAG to Privacera AI Governance (PAIG), the industry’s first comprehensive generative AI governance solution. “In generative AI, Retrieval-Augmented Generation (RAG) systems operate by sourcing contextual information from a VectorDB, aggregating data from diverse origins such as Confluence Wiki pages, SharePoint, Databases, and support tickets, and other operational systems. These sources inherently possess their own access controls, so it’s crucial that the VectorDB inherits those and then maintains…

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