BEIJING, Sept. 13, 2024 /PRNewswire/ — Cheetah Mobile Inc. (NYSE: CMCM) (“Cheetah Mobile” or the “Company”), a China-based IT company, today announced its unaudited consolidated financial results for the second quarter ended June 30, 2024. Management Commentary Mr. Sheng Fu, Cheetah Mobile’s Chairman and Chief Executive Officer, remarked, “In Q2, Cheetah Mobile achieved solid revenue growth of 12.3% year-over-year, with AI and others contributing around 40% of total revenue. Our service robotics business, both domestically and internationally, continues to drive growth. Customers choose us for our superior product experience, after-sales services, and strong AI capabilities, including far field speech recognition. With a team that brings…
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Acquisition will enable Actian, a division of HCLSoftware, to offer customers a complete data ecosystem SANTA CLARA, Calif., Sept. 12, 2024 /PRNewswire/ — HCLSoftware, the software business division of HCLTech, today announced that it completed the acquisition of Zeenea, an innovator in data catalog and governance solutions based in Paris, France. The acquisition of Zeenea enables Actian, a division of HCLSoftware, to offer a unified data intelligence and governance solution that empowers customers to seamlessly discover, govern, and maximize the value of their data assets. It also further extends Actian’s presence, workforce, and customer base in Europe. “To become data-driven, organizations of all sizes need data…
NEW YORK, Sept. 12, 2024 /PRNewswire/ — Report with the AI impact on market trends- The global 5G base station market size is estimated to grow by USD 120.98 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 38.81% during the forecast period. Rising adoption of IoT devices is driving market growth, with a trend towards growing construction of 5g base stations. However, high regulatory barriers for 5G base stations poses a challenge. Key market players include AT and T, Bharti Airtel Ltd., CommScope Holding Co. Inc., Deutsche Telekom AG, Faststream Technologies, GLOBE TELECOM INC., Huawei Technologies Co. Ltd., JSC Kazakhtelecom, Marvell Technology Inc.,…
DELRAY BEACH, Fla., Sept. 13, 2024 /PRNewswire/ — The IT Operations Analytics Market is estimated to grow from USD 26.8 billion in 2024 to USD 127.4 billion in 2029, at a CAGR of 36.6% during the forecast period, according to a new report by MarketsandMarkets™. The growth of ITOA market is driven by the surge in IT operations data, which mandates advanced analytics, that allows efficient handling and management of the data. The complexity of multi-cloud environments pushes demand for unified analytics solutions and the growing need for real-time insights and automation. Browse in-depth TOC on “IT Operations Analytics (ITOA) Market” 332 – Tables63 – Figures362…
NEW YORK, Sept. 13, 2024 /PRNewswire/ — O3 Technology Solutions, a leading AI-powered business outcomes company, proudly announces the appointment of Lalit Khandelwal as Chief Executive Officer (CEO). This strategic decision aligns with O3’s commitment to scaling its growth and leadership in AI, digital transformation, and customer experience solutions. Lalit Khandelwal brings nearly three decades of experience in leading strategic initiatives, revenue growth, and digital transformations. His expertise will guide O3 towards its ambitious $500 million revenue goal, further solidifying its leadership in AI-powered innovation. Lalit’s prior roles include President and Chief Revenue Officer (CRO) at Xoriant, a digital engineering firm, and 25 years at Capgemini,…
CAMBRIDGE, Mass., Sept. 12, 2024 /PRNewswire/ — Maersk, a global leader in integrated end to end logistics, is using the leading air cargo management solution by SmartKargo, a pioneer in cloud-based air cargo management solutions. By integrating SmartKargo’s advanced Cargo system into Maersk’s Own Controlled Flight Operations (OCFO), Maersk is enhancing efficiency, transparency, and customer satisfaction for their air cargo division. Continue Reading By leveraging SmartKargo’s cutting-edge technology Maersk’s OCFO management processes will be even more streamlined and robust. This partnership underscores Maersk’s commitment to embracing digital transformation and delivering superior service to its global clients. SmartKargo’s Cargo ERP solution is designed to…
AUSTIN, Texas and AMSTERDAM and SINGAPORE, Sept. 12, 2024 /PRNewswire/ — Parcel Perform, the leading E-commerce Data & Delivery Experience Platform, today announced the launch of its groundbreaking partnership program, setting a new standard for collaboration in the e-commerce logistics industry. This strategic partnership program empowers key players in the e-commerce logistics industry to redefine their value proposition and elevate customer experiences through Parcel Perform’s platform, technology, and services. “Parcel Perform’s Partnership Program is a testament to our commitment to driving innovation and shared success in the e-commerce delivery experience and logistics landscape,” said Arne Jeroschweski, CEO of Parcel Perform. “We’ve meticulously designed this program to provide…
SAN FRANCISCO, Sept. 12, 2024 /PRNewswire/ — Zight, the leading AI-powered screen recording and visual communication tool, proudly announces that it has processed its 1 millionth video. This milestone reflects Zight’s commitment to enhancing workflow efficiency, speeding up collaboration, and transforming how teams communicate through video. Zight AI automates video tasks like transcription, captioning, smart title generation, and summarization, making video content more searchable and accessible. These features enable teams to reduce meetings, accelerate decision-making, and improve communication, creating a seamless experience for users. “We are thrilled to reach this significant milestone of processing our 1 millionth video,” said Sachin Lad, CTO of Zight. “Our…
NEW YORK and BERGEN, Norway, Sept. 12, 2024 /PRNewswire/ — Reality Defender, an award-winning deepfake detection platform, and Wolftech, a story-centric workflow management system, today announced a partnership to integrate deepfake detection capabilities into the Wolftech platform. Continue Reading The collaboration enables Wolftech clients — most of which are media organizations and professionals — to seamlessly verify media files within their publishing workflow, ensuring the integrity of their journalistic work and preventing the spread of false information. By integrating Reality Defender’s deepfake detection technology, Wolftech users can detect and flag manipulated media, further enhancing the overall quality and accuracy of their storytelling without leaving their publishing…
– Solar Pro is the most intelligent LLM optimized to run on a single GPU, outperforming models from tech giants like Microsoft, Meta, and Google. SAN JOSE, Calif. , Sept. 11, 2024 /PRNewswire/ — Upstage today announced the release of a preview version of its next-generation large language model (LLM), Solar Pro. This preview, available as an open-source model with free API access, gives developers and businesses the opportunity to test and provide feedback on the model ahead of its official release in November. As the flagship model of the Solar LLM series, Solar Pro features 22 billion parameters—more than double the size of…