Author: PRNEWSWIRE

CHICAGO, May 21, 2024 /PRNewswire/ — The edge AI Hardware market is projected to grow from USD 24.2 billion in 2024 and is expected to reach USD 54.7 billion by 2029, growing at a CAGR of 17.7% from 2024 to 2029 according to a new report by MarketsandMarkets™. The trend towards reducing data load on cloud infrastructure to drive the demand. Edge AI hardware enables data processing, analytics, and AI inference to be performed closer to the data source (i.e., at the edge of the network), reducing the amount of data that needs to be transmitted to centralized cloud servers. This paradigm shift minimizes the data load on cloud infrastructure.…

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LONDON, May 20, 2024 /PRNewswire/ — Telrad Networks, a leading global provider of innovative wireless telecommunication solutions, is pleased to announce the launch of its new comprehensive Partner Program. The Telrad Partner Program provides a unique opportunity for partners to represent the leading-edge portfolio of Telrad’s future-proof BreezeAIR product line. These products offer end-to-end communication solutions for various verticals, including municipalities, education, oil & gas, mining, WISPs, transportation, T1 operators, government, and more. Telrad Partner Program offers four tiers – Silver, Gold, Platinum, and Diamond – each providing a range of benefits and advantages for partners. Eyal Zafrir, CEO of Telrad Networks, commented,…

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IBM watsonx platform and IBM Granite series models will bring even more large language models to power generative AI use cases, pre-built actions, and prompts across the Salesforce Einstein 1 Platform IBM joins the Salesforce Zero Copy Partner Network to enable zero copy data integration between IBM watsonx and Salesforce Data Cloud, giving customers a secure and cost-effective way to connect all of their data and take action on it Salesforce joins the AI Alliance, bolstering its commitment to responsible AI and continuing to provide customers with trusted and reliable AI tools ARMONK, N.Y. and SAN FRANCISCO, May 21, 2024 /PRNewswire/ — IBM (NYSE: IBM) and Salesforce…

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ARMONK, N.Y., May 21, 2024 /PRNewswire/ — Today, at its annual THINK conference, IBM (NYSE: IBM) announced several new updates to its watsonx platform one year after its introduction, as well as upcoming data and automation capabilities designed to make artificial intelligence (AI) more open, cost effective, and flexible for businesses. During his opening keynote, CEO Arvind Krishna will share the company’s plans to invest in, build and contribute to the open-source AI community as a core part of IBM’s strategy. “We firmly believe in bringing open innovation to AI. We want to use the power of open source to do with AI what was…

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SINGAPORE, May 21, 2024 /PRNewswire/ — SquareX, with its innovative browser native security solution, was awarded the “Most Promising Startup for Best Overall Performance” at the Cyber Entrepreneurship Summit held at Nasdaq Entrepreneurial Center in San Francisco on the same day as the start of RSA. This prestigious event was attended by more than 100 CISOs of NASDAQ-listed companies, including representatives from Marriott, Nordstrom, Notion, Socure, Verily LifeSciences, OpenDoor, Grail, Flex, Elastic, Human Interest, CoreLight, Booking.com, and more. The full-day in-person master class style event covered various domains of cyber entrepreneurship, including ideating, raising funding, building, marketing, and selling, providing a comprehensive guide for aspiring cyber…

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GREENWICH, Conn., May 21, 2024 /PRNewswire/ — Hunt Scanlon Media is pleased to announce that Arvind Krishna, Chairman and Chief Executive Officer of IBM, has been named the recipient of Hunt Scanlon’s ‘Excellence in Culture’ Award for 2024. This prestigious award celebrates organizations that foster a creative and collaborative workplace culture, driving performance and promoting diversity at all levels. Under the leadership of Arvind Krishna, IBM has been at the forefront of cultivating an inclusive environment that prioritizes ‘People First,’ ensuring that every member of the organization feels empowered, accepted, and heard. This approach has not only strengthened IBM’s workforce but has also fueled…

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Higher profit on improved gross margin and lower operating expenses HONG KONG, May 21, 2024 /PRNewswire/ — VTech Holdings Limited (HKSE: 303) today announced its results for the year ended 31 March 2024. “VTech reported an increase in profit for the financial year 2024 despite a decline in revenue. Tighter economic conditions in North America and Europe resulted in lower sales of electronic learning products and telecommunication products. This offset record revenue at contract manufacturing services as the supply of materials improved. Profit was boosted by an improvement in gross profit margin and a decline in operating expenses,” said Mr. Allan Wong, Chairman and Group CEO of VTech Holdings Limited.…

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NEW YORK, May 21, 2024 /PRNewswire/ — The global big data market size is estimated to grow by USD 508.73 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of almost 21.46% during the forecast period. For more insights on the forecast market size and historic data (2018 – 2022) – Download Free sample report in a minutes Forecast period2024-2028Base Year2023Historic Data2018 – 2022Segment CoveredDeployment (On-premises, Cloud-based, and Hybrid), Type (Services and Software), and Geography (North America, Europe, APAC, South America, and Middle East and Africa)Region CoveredNorth America, Europe, APAC, South America, and Middle East and AfricaKey companies profiledAccenture Plc, Alphabet Inc., Alteryx Inc., Amazon.com…

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CerraCap Ventures solidifies its commitment to building a healthier, secure planet by furthering its investment in the rapidly evolving landscape of digital health, OutcomeMD. COSTA MESA, Calif., May 21, 2024 /PRNewswire/ — OutcomeMD has emerged as a pioneering force, redefining the way patient-reported outcomes (PROs) are utilized in healthcare. Unlike traditional players in the market who focus primarily on aiding physicians with research, OutcomeMD has carved out a distinctive niche that promises not only enhanced medical care but also financial benefits for healthcare providers, driving widespread adoption across various medical specialties. OutcomeMD’s standout feature is its unique value proposition that financially benefits healthcare…

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Zight remains dedicated to its customers, introducing new features and adding innovative leadership to drive ongoing growth and advancement. SAN FRANCISCO, May 21, 2024 /PRNewswire/ — Zight introduces the Duplicate feature, which allows users to effortlessly create multiple versions of the same content, offering unparalleled flexibility and convenience. Available to all users, this feature proves particularly beneficial for Team, Pro, and Enterprise users, who can now generate new content iterations by duplicating historical versions without altering the original content. Users can experiment with edits, variations, or updates stress-free, thanks to the ability to duplicate current content versions. CEO Scott Smith expressed his enthusiasm about…

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