NuSummit holds strong expertise in business modernization for the BFSI sector, besides other industries, using AI, data, applications, cloud and cybersecurity solutions. MUMBAI, India, Dec. 19, 2024 /PRNewswire/ — A leading technology solutions provider NSEIT today announced the rebranding of its technology business to NuSummit, marking a transformative milestone in the company’s evolution as a strategic services provider with deep domain expertise. NuSummit, backed by leading global alternative investment firm Investcorp, aims to establish itself as a modern, global technology powerhouse committed to driving digital transformation across the BFSI sector and other industries. This rebranding is part of a journey that began with the…
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REHOVOT, Israel, Dec. 19, 2024 /PRNewswire/ — Intellyx, now celebrating 10 years of thought leadership and analysis dedicated to digital transformation, today announced that PractiTest has won the Winter 2024 Intellyx Digital Innovator Award. PractiTest, a leader in innovative test management solutions, continues to push the boundaries with the release of a new AI Assistant introducing two powerful capabilities. SmartFox and Test Value Score. SmartFox streamlines test creation by automating manual step creation and enhancing existing steps based on user preferences, saving valuable time and expediting execution readiness. Test Value Score, leveraging advanced AI, evaluates the impact of each test, enabling QA teams to retire up to 40% of…
GOTHENBURG, Sweden, Dec. 19, 2024 /PRNewswire/ — SKF has launched a generative artificial intelligence (Gen AI) enabled tool named SKF Product assistant to assist customers with accessing the right technical information more efficiently. Available on the SKF website, the AI-enabled tool responds to technical queries, directing users to the necessary information and providing easy-to-understand summaries. In today’s fast-paced world, customers need quick, easy access to information. In fact, the demand for instant information has never been greater, with everyone looking for readily available answers at the click of a button. SKF Product assistant meets this demand by providing instant guidance, helping customers find…
The BGL Industrial Technology Market Update: December 2024 CLEVELAND, Dec. 18, 2024 /PRNewswire/ — The industrial technology landscape is undergoing a profound transformation driven by market, demographic, and business model changes. The pace of adoption of advanced digital solutions across a diverse range of end markets creates opportunities for market participants best able to adapt and for forward-looking investors positioned to capture value based on the evolving landscape, according to a new industry report released by the Industrial Technology investment banking team from Brown Gibbons Lang & Company (BGL). Download and read the latest Industrial Technology Market Update—https://bit.ly/BGLIndustrialTechnologyMarketUpdate Key focus areas include: In addition,…
WASHINGTON, Dec. 19, 2024 /PRNewswire/ — Halifax Group (“Halifax”), a middle-market private equity firm that partners with management to invest in market-leading companies, announced today that it has completed an investment in Q-mation (the “Company”), a leading industrial automation software and hardware distributor and services provider in North America. Q-mation’s CEO, Bob D’Agostino, and the Company’s founders will invest alongside Halifax, and existing management will continue to lead the business. Additional terms of the transaction were not disclosed. “We are excited to join forces with Halifax and work towards a shared strategic vision for Q-mation,” commented Mr. D’Agostino. “We look forward to leveraging the Halifax team’s experience in IT…
ATLANTA, Dec. 19, 2024 /PRNewswire/ — Insight Global, an international professional services and staffing company, today released comprehensive survey results revealing the essential role of both human and artificial intelligence in shaping the future of hiring. The AI in Hiring 2025 survey highlights the technology’s expanding role in streamlining the hiring process—but the still-essential nature of people to make great hires. Key findings include: Nearly All Hiring Managers Use AI, But More Than Half Care if an Applicant Use ItWith virtually all hiring managers reporting that they use AI in the hiring process, 54% also said they care if a jobseeker applies using a…
The comprehensive platform approach receives unrivaled government validation through authorization of 20+ solutions across network, cloud and security operations SANTA CLARA, Calif., Dec. 19, 2024 /PRNewswire/ — Palo Alto Networks® (NASDAQ: PANW), the global cybersecurity leader, today announced it has received Federal Risk and Authorization Management Program (FedRAMP) High Authorization across its industry-leading network, cloud and security operations (SOC) platforms. Palo Alto Networks now has the most comprehensive suite of AI-powered cybersecurity solutions authorized for use in federal networks at the High impact level. Palo Alto Networks platformization approach empowers organizations by seamlessly integrating diverse security solutions into unified platforms across network, cloud and security…
New Effort Supports Partners to Deploy AI Strategies with Tailored and Integrated Solution Built for the Rapidly Evolving Market REDWOOD CITY, Calif., Dec. 19, 2024 /PRNewswire/ — Equinix, Inc. (Nasdaq: EQIX), the world’s digital infrastructure company®, announced today a private AI solution that lets businesses train AI models in scalable, cost-efficient public and private clouds while ensuring enhanced control, security and low-latency deployment on-premises. Equinix International Business Exchange™ (IBX ®) data centers leverage the Dell AI Factory with NVIDIA to offer a portfolio of products, solutions and services in a neutral, cloud-adjacent platform where customers can securely and cost-effectively connect to public clouds, colocation facilities, and their own…
Harnessing Foxlink’s Ubilink AI Supercomputing Center to Accelerate Luminys’ U.S. Growth and Drive Innovation in Smart, Sustainable Solutions IRVINE, Calif., Dec. 19, 2024 /PRNewswire/ — Luminys Systems Corp (Luminys), a leading provider of smart, sustainable, and connected technology solutions, is leveraging the groundbreaking advancements at Ubilink, a state-of-the-art AI supercomputing center created by Foxlink, its parent company. This collaboration underscores Luminys’ commitment to advancing AI-driven innovations that address the evolving needs of the U.S. market and beyond. Foxlink’s Ubilink: A Global AI Powerhouse On November 14, 2024, Foxlink inaugurated Ubilink, its first AI supercomputing center located in Taiwan. The Phase 1 investment of $61.7 million has equipped Ubilink with 128 NVIDIA…
Free 100 endpoints now accessible to small businesses, nonprofits, IT consultants, and households, advancing a safer digital world HOUSTON, Dec. 19, 2024 /PRNewswire/ — Action1, a leading provider of real-time vulnerability discovery and automated patch management solutions, today announced a significant expansion of its free patch management offering. Previously available exclusively to business users, Action1 is now breaking down barriers to advanced endpoint security for everyone—including nonprofits, independent consultants, small businesses, and home users—ensuring no one is left vulnerable to cyber threats. With 100 endpoints free forever, Action1 makes its robust, cloud-native patch management solution equitable for both individuals and organizations worldwide, empowering them…