NEW YORK, Nov. 22, 2024 /PRNewswire/ — GenNx360 Capital Partners (“GenNx360”), a New York-based private equity firm, is pleased to announce the final sale of its portfolio company, ITsavvy LLC (“ITsavvy” or “the Company”), a provider of end-to-end IT infrastructure solutions, to Xerox Holdings Corporation (“Xerox”) for $400 million. This transaction marks a significant milestone for GenNx360, as its first investment in the technology services sector. ITsavvy is an Oak Brook, Illinois-based technology solutions and services provider that delivers frictionless IT experiences by designing, developing and delivering technology infrastructure solutions and services that accelerate business outcomes on behalf of its clients. During GenNx360’s investment, the…
Author: PRNEWSWIRE
SAN FRANCISCO, Nov. 25, 2024 /PRNewswire/ — Omneky, the leading provider of generative AI solutions for advertising, today announced the launch of Creative Generation Pro Self Serve, a revolutionary platform that empowers marketers to effortlessly create, analyze, and launch high-performing Meta ads. This innovative solution combines the power of AI with a user-friendly interface, enabling marketers to: “Creative Generation Pro Self Serve puts the power of AI directly into the hands of marketers,” says Hikari Senju, CEO at Omneky. “This platform removes the complexity of ad creation and management, allowing businesses of all sizes to achieve exceptional results on Meta.” With Creative Generation…
NEW YORK, Nov. 22, 2024 /PRNewswire/ — K3 Labs has announced that its next-generation user interface for automating both simple and complex Web3 workflows has moved to the Eigenlayer mainnet environment. The production release of the K3 platform is being run by more than 20 node operators and backed by more than $2b in restaked assets, ensuring both a high level of decentralized service reliability and outstanding crypto-economic security. “We chose to build on Eigenlayer for several reasons,” said Ivan Reif, co-founder and CTO of K3 Labs. “Firstly, we knew that by leveraging shared security and the excess compute power available on Ethereum staking nodes, we could get to market…
NEW DELHI, Nov. 25, 2024 /PRNewswire/ — Canara HSBC Life Insurance is redefining the future of underwriting process with the launch of OmniGen AI, a first-of-its-kind ‘Generative AI-driven solution’ on Bedrock of Amazon Web Services (AWS). Leveraging cutting-edge technology, this solution will be a co-pilot for Underwriters and consume various dimensions and attributes of bundled information like the Underwriting guidelines, Underwriting manual, risk profile attributes required to take precise underwriting decisions and risk model output to provide swift & accurate decisions with rationale and reference to Underwriting manual. It further brings objectivity to future outcome prediction of risks being insured thereby building up on generative capabilities of…
PARIS, Nov. 19, 2024 /PRNewswire/ — Huawei has revealed that Network (Datacom & Transmission) and Storage are by far the most popular technology domains among European engineers taking part in Huawei’s certification programs to upgrade their capabilities and competence of new ICT technologies. Huawei held the European chapter of Huawei’s HCIE (Huawei Certified ICT Expert) Club, an ICT talent ecosystem for members, to share experience and exchange ideas with peers at the Huawei Connect Paris 2024 event. The European HCIE Club is open to everyone who has successfully completed one of the Huawei HCIE certifications across any of the associated technology domains. Huawei…
PARIS, Nov. 15, 2024 /PRNewswire/ — Huawei kicked off today its annual flagship event HUAWEI CONNECT 2024 Paris today. Thousands of guests, including industry leaders, technical experts, and partners from around the world, gathered to explore how digital and intelligent technology can accelerate Europe’s twin green and digital transition. “Huawei has been working side-by-side with our European customers and partners for more than 20 years,” said Ken Hu, Huawei’s Rotating Chairman, in his opening remarks. “We combine our strengths in domains like networking, cloud, storage, and energy, innovating nonstop to create new and greater value for our customers. As always, Huawei is in Europe, for Europe. And we look…
Aimee, the company’s AI-powered financial coach, receives back-to-back awards for providing a personalized solution that changes financial lives. EL SEGUNDO, Calif., Nov. 25, 2024 /PRNewswire/ — Financial Finesse has recently been named “Personal Finance Tech of the Year” at the 2024 US FinTech Awards, and named the “Best Financial Literacy Tool” at the 2024 Benzinga Global FinTech Awards. Once again, both awards recognize Financial Finesse’s leadership in FinTech and AI, and the company’s first-of-its-kind AI-powered virtual financial coach “Aimee” (Artificial Intelligence Motivating Employees Everywhere). These awards underscore Financial Finesse’s 25-year commitment to transforming financial lives at scale and to driving our industry forward. Aimee reaches 2.5…
SHENZHEN, China, Nov. 25, 2024 /PRNewswire/ — Fibocom (Stock code: 300638), a global leading provider of wireless communication modules and solutions, today debuts the ready-to-market 5G RedCap plus Wi-Fi 5/6 solution developed from the 5G RedCap module FG131, which is positioned to accelerate the commercialization of 5G FWA in the form of CPE, mobile hot-spot, and USB dongle, etc., satisfying the diverse market demands. According to a report updated in September 2024, GSA has identified 143 operators in 61 countries and territories worldwide that have been investing in public 5G SA networks through trials, planned or actual deployments. With the implementation of 5G SA…
CLUJ-NAPOCA, Romania, Nov. 25, 2024 /PRNewswire/ — RebelDot, a Cluj-based software developer, has tripled its AI & Data team over the past year, positioning itself as one of the leading AI companies in Romania. With a team now comprising 35 specialists, RebelDot is emerging as a market leader in AI at the national level, continuing to deliver innovative solutions to clients in diverse industries, both locally and internationally. This strategic expansion was made possible by a focused approach on internal skill development and ongoing investments in innovation. Following the acquisition of Steepsoft last year, which brought 13 AI specialists into the team, the company significantly…
Also wins awards for Universal ITO, Most Adaptable Partner, and Outstanding Service in the Americas Region based on the voice of customers SANTA CLARA, Calif. and PUNE, India, Nov. 25, 2024 /PRNewswire/ — Persistent Systems (BSE: 533179) and (NSE: PERSISTENT), a global pioneer in Digital Engineering and Enterprise Modernization, has been recognized with the prestigious 2024 ISG Star of Excellence™ Overall Award for superior customer experience, presented by Information Services Group, a leading global technology research and advisory firm. In addition, the Company has received Star of Excellence awards in the categories of Most Adaptable Partner, Universal Information Technology Outsourcing (ITO), and for Outstanding Service in the…