Ericsson has announced that it will record a non-cash impairment charge of 11.4 billion Swedish crowns ($1.09 billion) in the second quarter of 2024, primarily reflecting lower anticipated market growth rates in Vonage’s current portfolio. Ericsson had acquired Vonage, a cloud communication provider, for $6.2bn in 2022. Niklas Heuveldop, Head of Business Area Global Communications […]
Beyon has entered into a partnership with LigaData, a pioneering data analytics and cloud company based in Silicon Valley, California, to develop a cutting-edge Data Lakehouse which will serve as a centralised repository for all of Beyon Group’s data. The strategic initiative is designed to future proof Beyon’s data infrastructure while leveraging the many benefits […]
Dataiku and KPMG have announced a strategic alliance to modernise analytics and accelerate the adoption of AI technologies by enterprises. The collaboration leverages Dataiku’s comprehensive AI platform and KPMG’s experience in cloud migration, platform modernisation, and AI Governance, to help data leaders securely and efficiently advance their AI strategies (including Generative AI). As enterprises seek […]
Cisco has highlighted key global networking trends that are shaping the future of digital businesses. The company’s research has shown that networks are increasingly becoming an integral part of successful business strategies. According to Cisco’s 2024 Global Networking Trends Report, more advanced network environments are linked to better results. The 2,000+ IT leaders and professionals surveyed […]
Nutanix has announced the findings of its sixth annual global Financial Services Enterprise Cloud Index (ECI) survey and research report, which measures enterprise progress with cloud adoption in the financial services and insurance industry. While the current adoption of hybrid multi-cloud deployments remains consistent year-over-year in the financial services sector, respondents expect a significant 3x increase […]
Axis Communications is celebrating four decades of innovation and excellence in the video surveillance industry as it affirms a rigid commitment to the environment and meeting its ambitious sustainability targets. As it marks its 40th milestone, it has announced the publication of the Axis Sustainability Report 2023 and confirmed its ongoing commitment to reduce the impact of […]
Ooredoo, Qatar’s leading telecommunications company, has unveiled a strategic partnership with Qatar Airways and Nutanix, a leader in hybrid multi-cloud computing. As Qatar Airways’ chosen partner, Ooredoo will develop a cutting-edge hybrid multi-cloud environment, paving the way for next-generation applications that will bolster the airline’s customer experience and business performance. This partnership with Nutanix will […]
NTT DATA Group is set to enter the real estate investment trust (REIT) market with a focus on data centers. This initiative marks the first data center-specialized REIT established by a domestic company in Japan. The REIT, targeted to launch by March 2026, boasts a projected asset size of up to 100 billion yen. NTT […]
Global technology provider Arrow Electronics has announced a new distribution agreement with digital infrastructure company Equinix. This strategic collaboration will enable Arrow channel partners to resell Equinix services as part of integrated solutions aimed at network optimisation, hybrid multi-cloud enablement, and enhanced application workload performance. They can now position and invoice Equinix services on a monthly recurring basis. […]
Freshworks has announced the launch of its new data center, powered by Amazon Web Services (AWS), in the UAE. This underscores Freshworks’ commitment to driving innovation across the Middle East and Africa (MEA) by making it easier for businesses to harness the full power of its modern, AI-powered customer and employee service solutions. “We are […]
