Future Tech

So much software, so little oversight! , says Karen Lambrechts of Lansweeper.

Transatlantic data flows underpin more than $7 trillion (€6.53 trillion) in cross-border trade and investment per year, according to the US Department of Commerce. The recently announced EU-US Data Privacy Framework (TADPF), in place as of 10^th July 2023, is expected to further promote opportunity and economic fruitfulness on both sides of the Atlantic, says Paul Mountford, chief executive officer of Protegrity. 

UST, a digital transformation solutions company, has partnered with price optimisation platform Quicklizard. This will provide AI-guided data-infused pricing at scale to global brands and retailers. The integration of the Quicklizard platform into UST’s solutions portfolio provides clients with improved operations, experiences, and profitability across their retail value chains by optimising pricing capabilities. 

Dell Technologies and City of Amarillo announce plans to create an online digital assistant. This uses generative artificial intelligence (GenAI) to provide residents with details on government and city services.

SAS and MAG Aerospace are teaming up to pursue opportunities from the recently awarded US Space Force Space Systems Command $900 million (€838.07 million) indefinite delivery, indefinite quantity (IDIQ) contract. SAS and MAG Aerospace will bring skills in AI (artificial intelligence), analytics and Joint All-Domain Command and Control to space realm, enabling the Space Force to analyse and use all data coming in from its vast network of radars and sensors.

Viasat, Inc. announced that Inmarsat Government, now part of Viasat, was awarded a proliferated low earth orbit (pLEO) satellite-based services (SBS) contract by the US Defense Information Systems Agency (DISA) on behalf of the US Space Force’s (USSF) Space Systems Command (SSC). Inmarsat Government is one of 16 companies selected for the $900 million (€840.19 million) ceiling, 10-year indefinite delivery, indefinite quantity (IDIQ) contract.

A new study from Juniper Research forecasts that the great merchant losses to fraud will be via remote physical goods purchases, with losses reaching $5.1 billion (€4.76 billion) across emerging markets in 2028, up from $1 billion (€0.93 billion) in 2023.

The best of both worlds. A terrific blend of the benefits of being in the office and working from home. The future of work, says Matt Rumins, European head of customer success at Intradiem.

Baijiayun Group Ltd has announced launch of its large language model (LLM) product ‘Questwave’ for artificial intelligence generated content across application scenarios. Questwave is one-stop AIGC (artificial intelligence generated content) platform with a suite of applications that include LLM AI-driven customer service, formal document drafting, personal AI assistant, digital human interactive live streaming, and marketing content support.

Lumen Technologies Inc is working with Microsoft Corp. to deploy Microsoft 365 Copilot to empower its approximately 30,000 employees. Lumen is beta-testing Microsoft 365 Copilot as a part of the early access programme (EAP). The company has already seen the benefits of equipping some of its teams with Microsoft’s large language model (LLM) AI (artificial intelligence) solutions, with plans to deploy the tech more openly in future.

Alteryx, Inc. is expanding its partnership with Google Cloud to provide Looker Studio users with native access to a free limited version of Alteryx Designer Cloud’s AI-powered data preparation capabilities and enhanced connectivity. This new integration builds on Alteryx and Google Cloud’s commitment to make it easier for customers to surface critical insights for decision-makers in a timely manner, resulting in actions that can improve business outcomes.

Dell Technologies and Denvr Dataworks, an emerging provider of high-performance cloud infrastructure, are working together to help organisations tap the capabilities of generative AI (GenAI). By combining the security and reliability of the Dell PowerEdge XE9680 server with Denvr Dataworks’ delivery of high performance cloud computing optimised for AI, organisations can spend less time on configuring their environments and start producing AI results faster.

Cloudera announced that it has signed a strategic collaboration agreement (SCA) with Amazon Web Services, Inc. (AWS). This agreement expands Cloudera’s relationship with AWS and demonstrates their commitment to accelerate and scale cloud native data management and data analytics on AWS. Through this agreement, Cloudera will leverage AWS services to deliver continuous innovation and lower costs to customers with Cloudera open data lakehouse on AWS for enterprise generative AI (artificial intelligence).

Panasas has announced the appointment of Ken Claffey as its new chief executive officer. With Claffey’s background and skills in high-performance computing (HPC), cloud, and enterprise data storage technologies, the company is poised to seize new market opportunities under his management. Claffey replaces Tom Shea, who will remain on the Panasas executive management team as chief operating officer.

Amdocs has announced launch of its generative AI (artificial intelligence)-powered cloud management platform. This new version of the platform, integrated with the public cloud providers, includes a set of generative AI-powered solutions. This is also designed to hyper-automate service development and operations and manage and streamline a service provider’s entire IT (information technology) and business operations lifecycle.

When we think about, for example, counterfeit goods or IP (intellectual property) infringement, we tend to think about the largest and most well-known brands. Everyone knows that somewhere counterfeit Louis Vuitton, Chanel, and other apparel brand goods exist. But malicious actors don’t just fake large brands, says Gediminas Rickevicius, VP, global partnerships at Oxylabs.

IBM has launched an ad campaign to introduce watsonx, company’s enterprise-focused artificial intelligence and data platform. Global business providers remain unclear about power of AI and how to leverage it. The campaign is designed to define and differentiate watsonx as a force multiplier that can accelerate impact for global business providers as they look to apply AI solutions in new ways. 

Autel Robotics Co., Ltd., a provider of drone products and industry solutions, highlights its factory in Hai Phong with manufacturing capabilities. It manufactures 150,000 units of products that are supplying US and European markets.

VERSES AI Inc. has announced completion of Flying Forward 2020 (FF2020). The three-year project that began in November 2020 was funded by European Union to test viability of autonomous drones across five European cities. The final two trial cities, Oulu, Finland and Tartu, Estonia, join the three other sites Eindhoven, Netherlands, Milan, Italy, and Zaragoza, Spain in demonstrating essential digital infrastructure for governing autonomous drones.

Radical Imaging LLC announced that it has joined NVIDIA Inception, a programme. This nurtures startups modernising industries with technological advancements.

BrainChip Holdings Ltd received a patent from IP Australia. This expands not only its 2nd generation Akida IP, but also BrainChip’s technology portfolio extending its competitive advantage in performing transposed and dilated convolutions in a neural network.

XCMG Machinery represents future of mining machinery development through its new equipment products and advanced workplace technology. China’s mining satellite jointly designed and developed by XCMG, China University of Mining and Technology, and Skysight, was launched at Taiyuan Satellite Launch Centre.

The banking industry is undergoing a paradigm shift. This is driven by the strong influence of environmental, social, and governance (ESG) considerations, especially concerning the risk profile of retail customers. Traditionally, banks were solely focused on financial metrics to assess retail customers’ creditworthiness and overall risk.

With political and economic uncertainty likely to affect many aspects of businesses across the globe for the foreseeable future, organisations need enhanced frontline agility, says Chris Norton, managing director, InterSystems UK & Ireland.

Karista and Eutelsat Communications have announced a new partnership which will see Eutelsat become a new subscriber to the venture capital (VC) firm’s Spacetech fund. This will add to Karista’s ability to fully harness momentum that is building up in the space economy.

Anthony Lamoureux, CEO of Velocity Smart Technology, discusses how the digital workplace is transforming traditional business operations and reshaping the way companies collaborate. 

NVIDIA announced that system manufacturers will deliver AI-ready servers that support VMware Private AI Foundation with NVIDIA. The move will help companies customize and deploy generative AI applications using their proprietary business data. These servers feature NVIDIA L40S GPUs (graphics processing unit) and NVIDIA BlueField coming soon from Dell Technologies, Hewlett Packard Enterprise (HPE) and Lenovo to support VMware Private AI Foundation with NVIDIA.