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Worldwide Data Center Construction Market to Reach $73.43 Billion in 2028, Investment Prospects in 9 Regions and 51 Countries - Arizton

Retrieved on: 
Wednesday, May 3, 2023

The Brazil data center market witnesses the entry of foreign companies with the acquisition of local colocation service providers.

Key Points: 
  • The Brazil data center market witnesses the entry of foreign companies with the acquisition of local colocation service providers.
  • For instance, in December 2022, Aligned, a US data center firm, announced to acquire ODATA, a Brazilian colocation data center service firm.
  • There is ample demand from the German data center, paving the way for data center operators to expand in the region.
  • The data center construction market is attractive, with data centers offering a higher return on investment (ROI) than other commercial and industrial properties.

Worldwide Data Center Construction Market to Reach $73.43 Billion in 2028, Investment Prospects in 9 Regions and 51 Countries - Arizton

Retrieved on: 
Wednesday, May 3, 2023

The Brazil data center market witnesses the entry of foreign companies with the acquisition of local colocation service providers.

Key Points: 
  • The Brazil data center market witnesses the entry of foreign companies with the acquisition of local colocation service providers.
  • For instance, in December 2022, Aligned, a US data center firm, announced to acquire ODATA, a Brazilian colocation data center service firm.
  • There is ample demand from the German data center, paving the way for data center operators to expand in the region.
  • The data center construction market is attractive, with data centers offering a higher return on investment (ROI) than other commercial and industrial properties.

Recruiters Implement AI-Powered Solutions to Ease Processes

Retrieved on: 
Tuesday, May 2, 2023

NEW YORK, May 2, 2023 /PRNewswire/ -- Artificial Intelligence (AI) is transforming numerous aspects of business, and human resources (HR) is no exception. With the help of AI, HR departments can optimize recruitment processes, identify top talent, and create a diverse and inclusive workforce. Generally, the first step in talent acquisition is identifying the skills and experience required for a job. AI can assist in this process by analyzing job descriptions and identifying the most relevant skills and qualifications needed for a specific role. This can save HR departments time and resources by streamlining the recruitment process and ensuring that only qualified candidates are considered. AI algorithms can also analyze resumes and job applications, sorting and prioritizing candidates based on their qualifications and experience. One of the most promising applications of AI in talent acquisition is the use of chatbots, which can conduct initial screenings and answer candidate queries, freeing up HR staff to focus on more complex tasks. Overall, the AI in Recruitment market was valued USD 580 Million in 2019, and is estimated to grow at a CAGR of 6.76% during the period of 2020-2025, according to data published by IndustryARC. Professional Diversity Network, Inc. (NASDAQ: IPDN), C3.AI, Inc. (NYSE: AI), Microsoft Corporation (NASDAQ: MSFT), Alibaba Group Holding Limited (NYSE: BABA), Amazon, Inc. (NASDAQ: AMZN)

Key Points: 
  • With the help of AI, HR departments can optimize recruitment processes, identify top talent, and create a diverse and inclusive workforce.
  • This can save HR departments time and resources by streamlining the recruitment process and ensuring that only qualified candidates are considered.
  • AI algorithms can also analyze resumes and job applications, sorting and prioritizing candidates based on their qualifications and experience.
  • The algorithm can identify the factors that led to successful hires and apply that knowledge to new recruitment processes.

Recruiters Implement AI-Powered Solutions to Ease Processes

Retrieved on: 
Tuesday, May 2, 2023

NEW YORK, May 2, 2023 /PRNewswire/ -- Artificial Intelligence (AI) is transforming numerous aspects of business, and human resources (HR) is no exception. With the help of AI, HR departments can optimize recruitment processes, identify top talent, and create a diverse and inclusive workforce. Generally, the first step in talent acquisition is identifying the skills and experience required for a job. AI can assist in this process by analyzing job descriptions and identifying the most relevant skills and qualifications needed for a specific role. This can save HR departments time and resources by streamlining the recruitment process and ensuring that only qualified candidates are considered. AI algorithms can also analyze resumes and job applications, sorting and prioritizing candidates based on their qualifications and experience. One of the most promising applications of AI in talent acquisition is the use of chatbots, which can conduct initial screenings and answer candidate queries, freeing up HR staff to focus on more complex tasks. Overall, the AI in Recruitment market was valued USD 580 Million in 2019, and is estimated to grow at a CAGR of 6.76% during the period of 2020-2025, according to data published by IndustryARC. Professional Diversity Network, Inc. (NASDAQ: IPDN), C3.AI, Inc. (NYSE: AI), Microsoft Corporation (NASDAQ: MSFT), Alibaba Group Holding Limited (NYSE: BABA), Amazon, Inc. (NASDAQ: AMZN)

Key Points: 
  • With the help of AI, HR departments can optimize recruitment processes, identify top talent, and create a diverse and inclusive workforce.
  • This can save HR departments time and resources by streamlining the recruitment process and ensuring that only qualified candidates are considered.
  • AI algorithms can also analyze resumes and job applications, sorting and prioritizing candidates based on their qualifications and experience.
  • The algorithm can identify the factors that led to successful hires and apply that knowledge to new recruitment processes.

DCIG Deems Cobalt Iron Compass® a Top 5 Microsoft Azure Backup Solution

Retrieved on: 
Thursday, April 27, 2023

Cobalt Iron Inc., a leading provider of SaaS-based enterprise data protection, today announced that in back-to-back years, DCIG has named the company’s industry-leading Compass® enterprise SaaS backup platform as one of the top five backup solutions for Microsoft Azure.

Key Points: 
  • Cobalt Iron Inc., a leading provider of SaaS-based enterprise data protection, today announced that in back-to-back years, DCIG has named the company’s industry-leading Compass® enterprise SaaS backup platform as one of the top five backup solutions for Microsoft Azure.
  • The ranking is part of DCIG’s “2023-24 DCIG TOP 5 Microsoft Azure Backup Solutions” report.
  • “Cobalt Iron makes security and scalability two of its top priorities in its Compass backup software.
  • Cobalt Iron positions organizations to use either public or private clouds while maintaining the same backup solution across all of them.

VNBA joined hands with Tradepass to orchestrate Vietnam's most disruptive fintech show

Retrieved on: 
Tuesday, April 25, 2023

While acknowledging the shift in consumer behavior, Vietnam has welcomed myriad fintech advances in its financial ecosystem.

Key Points: 
  • While acknowledging the shift in consumer behavior, Vietnam has welcomed myriad fintech advances in its financial ecosystem.
  • Digital payments, peer-to-peer (P2P) lending, cryptocurrencies, blockchain-based solutions, investment tech, point of sales and a host of other streams have proliferated in the recent years.
  • It also shed light on the latest, most trending developments that are shaping to be the areas attracting maximum investor focus.
  • The curation of topics for the conference was completely on point and paved the future road map for the country's FSI.

Grafana Labs Announces Grafana Cloud is Now Available in AWS Marketplace

Retrieved on: 
Tuesday, April 18, 2023

Grafana Labs, the company behind the world’s most ubiquitous open and composable operational dashboards, today announced the availability of the full LGTM stack on Grafana Cloud in AWS Marketplace .

Key Points: 
  • Grafana Labs, the company behind the world’s most ubiquitous open and composable operational dashboards, today announced the availability of the full LGTM stack on Grafana Cloud in AWS Marketplace .
  • AWS customers can now easily deploy a fully managed Grafana LGTM Stack on Grafana Cloud (Grafana Loki for logs, Grafana for visualizations, Grafana Tempo for tracing, and Grafana Mimir for Prometheus metrics).
  • Along with AWS Marketplace , Grafana Cloud is available through Microsoft Azure Marketplace and Google Marketplace .
  • To get started, users can sign up for Grafana Cloud in AWS Marketplace or contact their Grafana Labs account manager.

VMware Enhances VMware Tanzu and VMware Aria Platforms to Help Accelerate Modern App Development and Delivery in Response to Customers’ Most Urgent Needs

Retrieved on: 
Tuesday, April 4, 2023

“Our customers across the enterprise are engaged in a cumbersome balancing act -- juggling multiple tools, teams, clouds, and operating models while at the same time keeping developers productive and the operations team equipped to keep pace. This scenario demands a new approach around a common cloud native app platform and a multi-disciplinary platform engineering team,” said Purnima Padmanabhan, General Manager and SVP, Modern Applications and Management Business Group, VMware. “Customers tell us they need to rapidly innovate while at the same time manage cost, security, and performance. In response, we expedited the launch of new capabilities across VMware Tanzu and VMware Aria. We are committed to helping customers drive innovation and optimization every step of the app development and cloud management journey.”

Key Points: 
  • VMware, Inc. (NYSE: VMW) today announced new capabilities across the VMware Tanzu and VMware Aria platforms to empower customers with the capabilities to take a cloud-smart approach to modern application delivery across any cloud.
  • In response, we expedited the launch of new capabilities across VMware Tanzu and VMware Aria.
  • Additionally, the company is introducing innovations across the VMware Aria platform including Aria Hub powered by Aria Graph, Aria Cost powered by CloudHealth, and Aria Guardrails.
  • For more information on VMware’s Tanzu and VMware Aria solutions, access these blogs and webpages:

Alibaba Cloud Unveils New AI Model to Support Enterprises' Intelligence Transformation

Retrieved on: 
Tuesday, April 11, 2023

BEIJING, April 11, 2023 /PRNewswire/ -- Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, today unveiled its latest large language model, Tongyi Qianwen. The new AI model will be integrated across Alibaba's various businesses to improve user experience in the near future. The company's customers and developers will have access to the model to create customised AI features in a cost-effective way.

Key Points: 
  • BEIJING, April 11, 2023 /PRNewswire/ -- Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, today unveiled its latest large language model, Tongyi Qianwen.
  • "We are at a technological watershed moment driven by generative AI and cloud computing, and businesses across all sectors have started to embrace intelligence transformation to stay ahead of the game," said Daniel Zhang, Chairman and CEO of Alibaba Group and CEO of Alibaba Cloud Intelligence.
  • Last year, Alibaba Cloud launched ModelScope, an open-source Model-as-a-Service (MaaS) platform with hundreds of AI models, including a Tongyi-based text-to-image model for global developers and researchers.
  • Alibaba Cloud will also provide 1,000 free training courses on cloud technologies and around 500 hands-on experiments based on real business scenarios for developers to access cloud technologies easily.

Hong Kong Data Center Market to Witness Investment of $4.15 Billion in 2028; Over 50% of Future Demand Will Come from Cloud Service Providers - Arizton

Retrieved on: 
Thursday, April 6, 2023

The Hong Kong data center market is witnessing investments from local and established operators such as Big Data Exchange (BDx), SUNeVision Holdings (iAdvantage), and China Mobile International.

Key Points: 
  • The Hong Kong data center market is witnessing investments from local and established operators such as Big Data Exchange (BDx), SUNeVision Holdings (iAdvantage), and China Mobile International.
  • The Hong Kong data center market has on-premise data centers operated by financial services, educational institutions, and governments such as HSBC Bank and others.
  • The market has all the global cloud operators such as AWS, Google, Microsoft, Alibaba Cloud, Huawei Cloud, and Tencent Cloud.
  • A detailed study of the existing Hong Kong data center industry landscape, an in-depth industry analysis, and insightful predictions about industry size during the forecast period.