Author: PRNEWSWIRE

New NetSuite SuiteSuccess Edition helps organizations with product and service offerings increase efficiency, expand insights, and enhance the customer experience NEW YORK, Feb. 6, 2025 /PRNewswire/ — SuiteConnect — Oracle NetSuite today announced a new solution to help organizations with diverse product and service offerings increase efficiency and accelerate growth. With NetSuite SuiteSuccess Anything-as-a-Service (XaaS) Edition, organizations with diverse offerings can take advantage of the latest advancements in cloud computing and AI to reduce software costs and complexity, expand business insights, enhance the customer experience, and drive revenue growth. “Gone are the days when businesses fell entirely into clean segments such as manufacturing or internet services. Modern…

Read More

Modern Operational Intelligence Platform for the Agentic AI Era PLEASANTON, Calif., Feb. 6, 2025 /PRNewswire/ — CloudFabrix, the inventor of Robotic Data Automation Fabric Platform and the leader in Gigaom AIOps Radar report and Enterprise Management Associates (EMA) Radar report for AIOps, Observability, and automation solutions, today announced its corporate rebranding to Fabrix.ai. The rebranding to Fabrix.ai represents a natural evolution of the company’s mission to provide a Modern Operational Intelligence platform for businesses to build, deploy, and manage AI Agents that streamline complex tasks, accelerate digital transformation, and foster intelligent workflows. This transformation embodies Fabrix.ai’s vision to empower enterprises with AI capabilities that are not just accessible but…

Read More

Company creates CTO role to align technology initiatives with broader business objectives ROUND ROCK, Texas, Feb. 6, 2025 /PRNewswire/ — Actian, the data and analytics division of HCLSoftware, announced the promotion of Emma McGrattan to Chief Technology Officer. McGrattan will lead the company’s technology strategy, innovation, product development, and research agenda to support Actian’s mission of simplifying how customers integrate, discover, govern, and analyze data at enterprise scale. One of McGrattan’s immediate responsibilities is integrating the data discovery capabilities added through the recent acquisition of Zeenea. By adding Zeenea to its portfolio, Actian offers customers an end-to-end solution that includes data integration, data quality, data governance, analytics, metadata…

Read More

TORONTO, Feb. 6, 2025 /PRNewswire/ – BMO today announced it has joined the IBM Quantum Network, extending its technology leadership in North America to further drive real financial progress for its customers, clients, and the communities it serves. BMO gains access to IBM’s advanced quantum infrastructure, enabling the bank to develop and deploy quantum-powered solutions across its operations. The investment in advanced capabilities is at the core of BMO’s Digital First strategy to deliver progress and outcomes at scale by merging human expertise with cutting edge technology. Driving Innovation BMO is the first Canadian bank to access the IBM Quantum Network. Utilization of the…

Read More

Joint solution helps customers accelerate private and hybrid cloud deployment, enhances operational consistency and reduces energy consumption AMSTERDAM, Feb. 6, 2025 /PRNewswire/ — Cisco Live – Hitachi Vantara, the data storage, infrastructure and hybrid cloud management subsidiary of Hitachi, Ltd. (TSE: 6501) today announced a new co-engineered solution with Cisco (NASDAQ: CSCO) designed for Red Hat OpenShift, the industry’s leading hybrid cloud application platform powered by Kubernetes. The Cisco and Hitachi Adaptive Solutions for Converged Infrastructure joint solution combines Cisco’s compute and networking systems with Hitachi Vantara’s Virtual Storage Platform (VSP) arrays using Red Hat OpenShift container management tools. The integrated infrastructure solution helps enterprises gain a…

Read More

Wireless costs will not drop in the 6G cycle CAMPBELL, Calif., Feb. 5, 2025 /PRNewswire/ — Mobile Experts published a new report this week, titled “Cost per GB Forecast for 6G”. Available for immediate download, this report spells out the fundamental economic rationale for sweeping strategic changes in the mobile/wireless market. The analysts at Mobile Experts have been working with multiple mobile operators to understand the cost of mobile networks, including up-front capital costs as well as several years of operational costs. For thirty years, the cost per GB of mobile data has dropped steadily due to improvements in technology and wider…

Read More

Partnership ensures organizations have access to the tools required to securely adopt and deploy AI technologies without compromising their missions MCLEAN, Va., Feb. 4, 2025 /PRNewswire/ — Lasso Security, a Generative AI (GenAI) and Large Language Model (LLM) cybersecurity provider, today announced a strategic partnership with Swish Data Corporation (Swish), a provider of technology solutions and engineering services to the U.S. public sector, to deliver its GenAI security platform to public sector organizations including Federal civilian agencies, the Department of Defense (DoD) as well as State, Local and Education (SLED) organizations. The platform enhances security posture by autonomously monitoring all GenAI interactions, detecting risks in…

Read More

Personalized financial insights boost engagement and identify growth DETROIT, Feb. 5, 2025 /PRNewswire/ — Pocketnest, the woman-founded financial wellness platform, announces the results of its initial beta rollout of its generative AI, Birdie, with select credit unions. “Birdie represents a game-changing opportunity for financial institutions to deepen engagement with their digitally savvy community,” said Ben Maxim, Chief Operating Officer at Reseda Group and Chief Innovation Officer at MSU Federal Credit Union. “It’s not just an AI tool—it’s a digital financial advisor that grows with members, fostering financial literacy and empowerment.” The next generation of members values convenience, technological innovation, personalization, and personal finance education in…

Read More

AI Infrastructure Spending Sustains Strong Growth Momentum REDWOOD CITY, Calif., Feb. 5, 2025 /PRNewswire/ — According to a recently published report from Dell’Oro Group, the trusted source for market information about the telecommunications, networks, and data center industries, worldwide data center capex is projected to surpass $1 trillion by 2029. AI infrastructure spending will maintain its strong growth momentum despite ongoing sustainability efforts. “We project that data center infrastructure spending could surpass $1 trillion annually within five years. While AI spending has yet to meet desired returns and efficiency improvements, long-term growth remains assured, driven by hyperscalers’ multi-year capex cycles and government initiatives such as the $500…

Read More

Moves beyond generic AI models to domain-specific autonomous agent-led delivery NEW YORK, Feb. 5, 2025 /PRNewswire/ — Genpact (NYSE: G), a global advanced technology services and solutions company, today announced the launch of its Agentic Solutions as part of its pivot to reimagining delivery. Genpact’s Service-as-Agentic-Solutions will accelerate innovation for enterprises by fundamentally changing the way services are delivered, enabling business operations to evolve from traditional, linear models to autonomous agent-led delivery. “The rapid evolution of intelligence is reshaping the future of work. Businesses are looking to effectively embed AI at scale,” said Balkrishan “BK” Kalra, President and Chief Executive Officer, Genpact. “The key unlock…

Read More