Author: PRNEWSWIRE

BARCELONA, Spain, Feb. 29, 2024 /PRNewswire/ — ZTE Corporation (0763.HK / 000063.SZ), a global leading provider of information and communication technology solutions, in partnership with Wuhan Iron and Steel Co.,Ltd. (WISCO) and China Unicom, announced that their joint project “5G Fully Connected Smart Steel Factory” earned the “Best Mobile Innovation for Connected Economy” at the Global Mobile (GLOMO) Awards during MWC Barcelona 2024. The accolade is a recognition of their impressive efforts in changing the way people work in factories and digitizing the workplace. Since 2020, the collaborative efforts between WISCO and its partners have led to the establishment of the “5G Fully Connected Smart Steel Factory” project. This project has now evolved into the largest 5G private network in the…

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SALT LAKE CITY and BENGALURU, India, March 1, 2024 /PRNewswire/ — PROG Holdings, Inc. (NYSE: PRG), the fintech holding company for Progressive Leasing, Vive Financial, Four Technologies, and Build, and Infosys (NSE : INFY), (BSE : INFY), (NYSE: INFY), a global leader in next-generation digital services and consulting, today announced an agreement that is expected to evolve and scale PROG Holdings’ technology operations as an integral part of the Company’s ongoing cloud- and AI-focused technology modernization and innovation efforts. The collaboration will enable PROG Holdings to take advantage of Infosys’ digital services, including cutting-edge technologies, which PROG Holdings believes will help it realize operational efficiencies, accelerate technology enhancements, and improve speed…

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CAMBRIDGE, Mass., March 1, 2024 /PRNewswire/ — Relativity6, a forefront innovator in AI-powered industry classification solutions, and Funding Metrics, a leading provider of receivables financing for the financial industry, are thrilled to announce a strategic collaboration aimed at revolutionizing both receivables financing and business lending decisions through artificial intelligence. This partnership represents a significant leap forward in leveraging cutting-edge technology to enhance risk assessment, improve decision-making processes, and drive profitability for financial institutions. By combining Relativity6’s expertise in AI-driven predictive modeling with Funding Metrics’ robust data analytics capabilities, the collaboration will empower Funding Metrics to make more informed financing decisions, optimize portfolio management,…

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Innovation, teamwork, and customer-focused solutions that help businesses accelerate digital transformation, boost operational effectiveness, and accomplish their strategic goals in a highly competitive business environment will define the BPaaS market’s future CHICAGO, March 1, 2024 /PRNewswire/ — The BPaaS Market is expected to grow from USD 63.3 billion in 2023 to USD 92.9 billion by 2028 at a Compound Annual Growth Rate (CAGR) of 8.0% during the forecast period, according to a new report by MarketsandMarkets™. BPaaS solutions can be accessed from anywhere with an internet connection, making them ideal for organizations with global operations or distributed teams. This global reach allows businesses to streamline processes across geographies…

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WILLOW GROVE, Pa., March 1, 2024 /PRNewswire/ — AnswerNet, a leading full-service provider of inbound, outbound, automated, and BPO contact center solutions, proudly announces the launch of its newest service, TextMyBusiness (TMB). TextMyBusiness is designed to move business text communications off of personal employee cell numbers and on to business numbers owned and controlled by the business without losing the immediacy of text communications. As texting continues to grow in popularity as people’s preferred method of communication, businesses have struggled to add software tools that make it easy for businesses to communicate in this channel. TextMyBusiness provides those companies looking to embrace this need with a…

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Definitive Intelligence Co-founder and CEO Sunny Madra to Lead New GroqCloud Business Unit and Launch New Developer Playground MOUNTAIN VIEW, Calif., March 1, 2024 /PRNewswire/ — Groq®, a generative AI solutions company, has acquired Definitive Intelligence, a company redefining how businesses utilize data and empowering organizations to unlock actionable insights – all powered by AI. Definitive Intelligence Co-founder and CEO Sunny Madra will lead the new GroqCloud business unit, leveraging his expertise in serving enterprise customers to significantly expand access to the Groq LPU™ Inference Engine via GroqCloud. The Definitive Intelligence team has already been working closely with Groq to build GroqCloud, a new developer playground with fully…

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DUBLIN, March 1, 2024 /PRNewswire/ — The “Edge Security Market by Offering (Solution, Services), Deployment Mode, Organization Size, Sector (IT & Telecommunications, Healthcare, Retail & E-Commerce, BFSI, Government, Energy & Utilities), and Geography – Global Forecast to 2030” report has been added to ResearchAndMarkets.com’s offering. The global edge security market is expected to reach a valuation of $68.1 billion by the year 2030. This significant growth, with a CAGR of 19.1% from 2023 to 2030, is largely fueled by the rising implementation of Secure Access Service Edge (SASE), increased awareness surrounding cybersecurity risks, and the burgeoning number of cyberattacks threatening the digital landscape. Key Drivers and Market Insights…

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Couchbase is the first to announce vector search at the edge, enabling AI applications anywhere Announcing LangChain and LlamaIndex support for greater developer productivity Couchbase’s multipurpose database platform reduces architectural complexity to build trustworthy adaptive applications more quickly and easily SANTA CLARA, Calif., Feb. 29, 2024 /PRNewswire/ — Couchbase, Inc. (NASDAQ: BASE), the cloud database platform company, today introduced vector search as a new feature in Couchbase Capella™ Database-as-a-Service (DBaaS) and Couchbase Server to help businesses bring to market a new class of AI-powered adaptive applications that engage users in a hyper-personalized and contextualized way. Couchbase is the first database platform to announce it will offer vector search optimized…

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MongoDB Atlas—the most widely available cloud-based developer data platform in the world—now available in 117 regions across major cloud providers MongoDB Atlas provides tens of thousands of customers the performance, resilience, security, and flexibility modern applications require NEW YORK, Feb. 29, 2024 /PRNewswire/ — MongoDB, Inc. (NASDAQ: MDB) announced today that its industry-leading, multi-cloud developer data platform MongoDB Atlas is now available in six additional cloud regions in Canada, Germany, Israel, Italy, and Poland—the most widely available developer data platform in the world. With this expansion, MongoDB Atlas is now available in 117 cloud regions across Amazon Web Services (AWS), Google Cloud, and Microsoft Azure to meet…

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CAMBRIDGE, Mass., Feb. 29, 2024 /PRNewswire/ — Relativity6, a leading AI company specializing in industry classification, proudly announces its latest partnership with The Smarter Merchant, a renowned player in the digital financing and underwriting space. This collaboration signals a significant stride towards leveraging advanced AI technology to drive innovation and efficiency in the financial underwriting. The Smarter Merchant is widely recognized for its expertise in SMB financing. With a focus on streamlined processes, technology and client support, The Smarter Merchant empowers small businesses by seamlessly providing access to working capital while mitigating risks. “We’re excited to onboard The Smarter Merchant as our…

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