NEW YORK, Dec. 17, 2024 /PRNewswire/ — The global enterprise data storage market size is estimated to grow by USD 11.6 billion from 2024 to 2028, according to Technavio. The market is estimated to grow at a CAGR of 4.39% during the forecast period. The report provides a comprehensive forecast of key segments below- Segmentation Overview Get a glance at the market contribution of rest of the segments – Download a FREE Sample Report in minutes! 1.1 Fastest growing segment: A Storage Area Network (SAN) is a dedicated high-speed network that connects enterprise storage devices to multiple servers. It moves data from the common user network and organizes…
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The intelligent platform is a key component of the Sonata Harmoni.AI workbench, with a comprehensive toolset designed to support responsible-first AI practices in quality assurance BANGALORE, India, Dec. 17, 2024 /PRNewswire/ — Sonata Software (NSE: SONATSOFTW) (BSE: 532221), the leading Modernization Engineering company, has launched IntellQA, a Harmoni.AI powered cutting-edge Testing automation and acceleration platform designed to transform software delivery for global enterprises. Modern Quality Assurance (QA) presents significant opportunity as enterprises grapple with challenges such as limited automation expertise, fragmented tools, escalating framework development costs, and constant script maintenance due to frequent application updates. Achieving comprehensive test coverage for intricate workflows also poses significant…
PALO ALTO, Calif., Dec. 17, 2024 /PRNewswire/ — Wyze Labs, a leader in innovative smart home technology, continues to achieve groundbreaking results through its partnership with LiveX AI, an innovator in advanced multimodal AI Agents for web, phone, and app. Over the past three months, Wyze has realized seven-figure savings while revolutionizing its self-service capabilities. With LiveX AI, Wyze’s self-service rate surged from 60% with their previous solution to an impressive 88%, edging closer to an industry-defying 90% and setting a new benchmark for customer support efficiency. Wyze is further expanding its adoption of LiveX AI’s technologies, adding more AI Agents to enhance its…
Organisations face increasing cybersecurity risks as digital footprints expand beyond traditional perimeters LONDON, Dec. 17, 2024 /PRNewswire/ — In today’s rapidly evolving digital landscape, the widespread adoption of cloud technologies, remote work, and enterprise digitalisation has dramatically increased the complexity of organisational security. As companies expand their digital footprints, their attack surfaces also grow, exposing them to sophisticated cyber threats. Increasing IT complexity and reliance on third-party vendors intensify challenges in security governance, making it harder to track rogue assets like cloud services and developer environments. Inadequate validation processes lead to false positives, overwhelming security teams and draining resources while hidden vulnerabilities…
Findings highlight the consequences of excessive reliance on SaaS and the increasing demand for a new SaaS model to more effectively support enterprise organizations long-term SAN FRANCISCO, Dec. 17, 2024 /PRNewswire/ — Onymos, developer of solutions transforming Software-as-a-Service (SaaS) for software and application development, today announced the findings of its SaaS Disruption Report (Part II): Software Development. The report shows that 84% of technology leaders rely on SaaS tools with low-code/no-code capabilities in software development. The second edition of the SaaS Disruption Report presents software development insights gathered through an online survey of 300 leaders in application and software development, IT, and security, conducted by Onymos…
Partners with Management to Scale Next Generation Data and AI Services Platform SAN FRANCISCO, Dec. 16, 2024 /PRNewswire/ — Gryphon Investors (“Gryphon”), a leading middle-market private equity firm, announced today that it has completed a majority growth recapitalization of phData (the “Company”), an industry leader in developing and delivering modern data applications and AI solutions. This investment will support phData’s continued growth of its differentiated set of end-to-end offerings and its expert global team. As part of the transaction, the Company’s management team, including CEO Ryan Bosshart, will retain a significant equity stake in the Company. Financial terms for the transaction were not…
Certification Demonstrates IAS’s Commitment to the Highest Standards of Governance and Responsible Business Practices NEW YORK, Dec. 16, 2024 /PRNewswire/ — Integral Ad Science (Nasdaq: IAS), a leading global media measurement and optimization platform, today announced the company has received an accredited ISO/IEC 42001 certification, making it the first measurement provider to receive ISO certification for its use of AI, and one of the first companies certified in the world. ISO/IEC 42001 is an international standard for establishing, implementing, maintaining, and continually improving an Artificial Intelligence Management System within organizations. It is the world’s first international standard on Artificial Intelligence Management Systems (AIMS).…
Alexander Thamm GmbH to offer Altair® RapidMiner® platform to help EMEA customers drive data and AI innovation TROY, Mich., Dec. 16, 2024 /PRNewswire/ — Altair (Nasdaq: ALTR), a global leader in computational intelligence, is pleased to name Alexander Thamm GmbH as a channel partner for the EMEA-based DACH region, consisting of Germany, Austria, and Switzerland. Alexander Thamm GmbH, a leading firm specializing in data and artificial intelligence (AI), will offer the full Altair® RapidMiner® data analytics and AI platform to its customers. The collaboration combines Altair’s innovative AI and machine learning tools with Alexander Thamm GmbH’s proven industry expertise and record of over 2,700 successful data and AI projects. Together, the partnership aims to…
SEOUL, South Korea, Dec. 16, 2024 /PRNewswire/ — MetisX has officially changed its corporate name to XCENA as part of a strategic rebranding effort. The new name reflects the company’s mission to redefine modern computing systems. “X” symbolizes transformation, while “CENA” originates from the Latin word Scena, meaning “scene.” Together, XCENA captures the vision of transforming the computing landscape with its intelligent memory solutions. “We are thrilled to introduce XCENA as we embark on a new chapter in our journey,” said Jin Kim, CEO and co-founder of XCENA. “While our original name, MetisX, represented our aspiration to create intelligent memory solutions, XCENA better encapsulates our…
Certification recognizes Cognizant’s leadership in developing, assessing, and deploying AI systems in a safe, trustworthy, and ethical way TEANECK, N.J., Dec. 16, 2024 /PRNewswire/ — Cognizant (NASDAQ: CTSH) today announced it has received accredited ISO/IEC 42001:2023 certification for its artificial intelligence management system. Cognizant is the first global IT service company to receive this accredited certification, which underscores Cognizant’s commitment to responsible AI development and deployment while strengthening its position as a trusted partner in digital transformation. “We are honored to receive the first ISO/IEC 42001:2023 accredited certification in our industry,” said Ravi Kumar S, CEO at Cognizant. “In today’s market, businesses demand partners who…