Gartner predicts that through 2027, Fortune 500 companies will shift $500 billion from energy operating expenditure (opex) to microgrids to mitigate chronic energy risks and AI demand. “We are seeing warning signals that electricity demand is outstripping supply due to delays in investment and permitting,” said Lloyd Jones, VP Analyst at Gartner. Fortune 500 companies are already investing in infr...
Intelligent power management company Eaton has announced the launch of its new xEnergy Elite low voltage motor control and power distribution centre for loads up to 7500 A and 690 VAC. It provides greater uptime and flexibility, with maintenance cost savings, for business-critical applications in oil and gas, mining, and other industrial environments. The xEnergy Elite motor control centre (MCC) c...
Equinix has officially opened its state-of-the-art data center in Salalah, Oman, establishing a significant new interconnectivity hub that will transform global data flows. Strategically located in the coastal city of Salalah, the new data center – SN1 – is built in cooperation with Omantel, a regional leading telecom and technology provider in the Middle East. The facility is commercially and ope...
Huawei Cloud hosted its first Fintech Summit 2024 in Egypt under the theme “Unlock New Growth with Huawei Cloud” to shed light on end-to-end cloud services tailored for fintech in Egypt. The summit, which brought together key stakeholders in Egypt’s fintech ecosystem, showcased Huawei Cloud’s cutting-edge solutions designed to address the specific needs of fintech companies. These incl...
Qlik opened registration for Qlik Connect 2025, its premier global customer and partner event. Qlik Connect offers a unique experience for Qlik’s customers, partners, and product experts to gather and explore the latest trends in data, analytics, and AI. The event highlights the urgency for organizations to find clear, actionable paths to harnessing AI’s full value. This year’s event will be held ...
Almarai, the world’s largest vertically-integrated dairy company and the world’s fourth most valuable dairy brand in 2024, has announced a strategic partnership with Google Cloud to accelerate its digital transformation initiatives. This collaboration aims to empower Almarai to enhance operational efficiency, drive growth, and deliver exceptional customer experiences in an increasingly...
Pure Storage has announced Pure Storage Cloud for Microsoft Azure VMware Solution (AVS), a new fully managed block storage-as-a-service (STaaS) offering available for AVS. This new solution, soon to be in preview, will be offered as an Azure Native integration. The Azure Native Integrations Pure Storage service provides customers with a seamless management and deployment experience across both the...
Ericsson and du have announced a new agreement to expand du’s 5G network across the United Arab Emirates (UAE). As part of this agreement, du will leverage the Ericsson Radio Access Network (RAN) portfolio to increase the capacity of its 5G network, enabling a seamless and high-quality experience for existing Mobile Broadband (MBB) and Fixed Wireless Access (FWA) customers. The expanded network wi...
AVEVA is enabling new levels of innovation through the continued evolution of CONNECT, and three major product developments that drive the next step in digital transformation for its customers and partners. At this year’s AVEVA World 2024 in Paris, AVEVA is showcasing its solutions and vision for how AI and digitally connected communities can accelerate efficiency, agility and sustainability by bu...
NetApp has announced the opening of its Middle East regional headquarters in Riyadh, Saudi Arabia, to be officially functional on February 1, 2025. This strategic move underscores NetApp’s dedication to supporting Saudi Arabia’s Vision 2030 and beyond, fostering innovation, and investing in the Kingdom’s technology ecosystem. As Saudi Arabia drives its transformation into a global hub ...
New data from Synergy Research Group shows that Q3 enterprise spending on cloud infrastructure services was $84 billion worldwide, up $15.7 billion or 23% from the third quarter of 2023. After seeing growth rates soften through much of 2023, this is now the fourth consecutive quarter in which the year-on-year growth rate has increased, with generative AI being a major factor behind the market acce...
Schneider Electric announces that its Board of Directors decided unanimously to appoint Olivier Blum as Chief Executive Officer to accelerate the execution of its strategy and engage into the next phase of its development. The Governance, Nominations & Sustainablity Committee, under the guidance of the Board of Directors, has conducted a comprehensive process to propose a successor for the rol...