Leisure Hospitality (Sterling Holidays) Digital Imaging Solutions (DEI) Digital Imaging Solutions (DEI) – Sales growth: 20% for FY24 – EBITDA surged by 24% for FY24; a remarkable 42% YoY for Q4 FY24 – Q4 FY24 witnessed the addition of 17 new partnerships signed in UAE, Saudi Arabia, Malaysia, India, Singapore, Indonesia, Maldives – Renewal of 22 key partnerships in UAE, …
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Salesforce Drops Pursuit of Informatica Acquisition
Salesforce has halted its efforts to acquire Informatica, a data-management software company, as negotiations between the two firms failed to reach agreement on terms. The Wall Street Journal reported that discussions revolved around a per-share price for Informatica in the mid-$30s. Initially, when talks surfaced on April 12, Informatica’s shares were valued at $38.48, but they closed at $35.19 on …
Read More »Happiest Minds has partnered with ENERCON to advance sustainable wind energy solutions.
Happiest Minds Technologies Limited (NSE: HAPPSTMNDS) has joined forces with ENERCON, a prominent wind energy technology company, to drive sustainable wind energy solutions. This collaboration underscores Happiest Minds’ role as a key partner in ENERCON’s efforts to expand onshore wind energy initiatives. To support this partnership, a distributed agile pod team has been established to work closely with product owners, …
Read More »Ozonetel Introduces AI-Driven Suite for Digital Customer Experience
Ozonetel, a leader in Customer Experience (CX), unveils an AI-powered solution suite tailored for digital-first customer interactions. Leveraging advanced AI capabilities like GenAI and Large Language Models (LLMs), the suite integrates seamlessly with Ozonetel’s CX platform, enabling enterprises to manage millions of digital interactions across various channels including WhatsApp, social media, and SMS. This unified solution streamlines customer journeys, enhances …
Read More »The European Union’s inaugural investigations under the Digital Markets Act are aimed at Apple, Google, and Meta.
The European Union has initiated investigations into Apple, Google, and Meta Platforms regarding potential violations of the newly enacted Digital Markets Act. This legislation aims to address the dominance of major tech companies and foster fair competition for smaller businesses within the digital sphere. If found guilty, these tech giants could face substantial fines, with penalties of up to 10% …
Read More »Report: Temasek Holdings of Singapore Considering Investment in OpenAI
According to a report by the Financial Times on Tuesday, Singapore’s Temasek Holdings is currently engaged in discussions regarding a potential investment in OpenAI, a prominent artificial intelligence company backed by Microsoft. The report, citing sources familiar with the matter, indicates that senior executives from Temasek have held several meetings with OpenAI’s CEO, Sam Altman, in recent months. While OpenAI …
Read More »Kunal Ruvala takes charge as Senior VP and GM at Palo Alto Networks’ India Development Centers.
Palo Alto Networks, a global leader in cybersecurity, has appointed Kunal Ruvala as Senior Vice President and General Manager for its operations in India. In this capacity, Kunal will spearhead the company’s India Development Centers, directing efforts towards advancing growth and fostering innovation, thereby solidifying Palo Alto Networks’ position as a hub of innovative excellence. India stands as the world’s …
Read More »Check Point Unveils Infinity AI Copilot for Advanced Cybersecurity Automation
Check Point Software Technologies Ltd. has introduced the inaugural Infinity AI Copilot, a groundbreaking cybersecurity solution merging AI and cloud technologies. Addressing the global shortage of cybersecurity professionals, this innovation enhances security team efficiency. Eyal Manor, VP of Product Management, envisions a future where human-machine collaboration is central to cybersecurity, streamlining operations for organizations. In response to the escalating cyber …
Read More »Tech Trends 2024 Event Hosted by TAIT
On December 27th, TAIT marked a significant day in its event calendar with Tech Trends 2024, a knowledge-sharing event sponsored by Savex Technologies. Gautam Shah, Founder and CEO of Colfax International, delivered the keynote address, providing insights into the challenges of building complex systems and discussing upcoming solutions from AMD, Intel, and Nvidia. Gautam’s interactive talk covered topics such as …
Read More »Global Smart Personal Audio Market Sees a 3% Decline in Q3 2023 Amidst Varied Regional Performances; Emerging Markets and Specific Audio Categories Thrive
Canalys’ recent analysis reveals a 3% drop in global smart personal audio shipments, totaling 110 million units in Q3 2023. Despite this, certain categories like True Wireless Stereo (TWS), wireless headphones, and emerging markets experienced notable growth. Key Insights: TWS Dominance and Shift in Headphone Shipments: TWS constituted 73% of shipments, penetrating more affordable market segments. Wireless headphone shipments surpassed …
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