Cloud

AI Driving Market Transformation, Online Education in India to Grow by USD 6.47 Billion (2024-2028) with Skill Development Boosting Revenue - Technavio Report

Retrieved on: 
Friday, September 13, 2024

Cloud technology has revolutionized the online education market in India by enabling easy access to content, data, and information through SaaS-based solutions like ERP and LMS.

Key Points: 
  • Cloud technology has revolutionized the online education market in India by enabling easy access to content, data, and information through SaaS-based solutions like ERP and LMS.
  • The use of cloud-based learning platforms addresses infrastructure and security concerns, fuels e-learning adoption, and drives the growth of the online education market in India.
  • The online education market in India is witnessing a significant growth, driven by world-class software and accreditation criteria that meet international standards.
  • This limits the effectiveness of economically efficient online education models and impedes the adoption of emerging online education products and services.

Blackmagic Design Announces Blackmagic Camera for Android 1.3 Update!

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Friday, September 13, 2024

(Photo: Business Wire)

Key Points: 
  • (Photo: Business Wire)
    Blackmagic Camera App for Android 1.3 will be demonstrated on the Blackmagic Design IBC Stand 7.C49.
  • Blackmagic Camera unlocks the power of the phone by adding digital film camera controls and operating systems.
  • “Blackmagic Camera for Android has been incredibly popular since it was launched in June this year,” said Grant Petty, Blackmagic Design CEO.
  • Product photos of the Blackmagic Camera App for Android, as well as all other Blackmagic Design products, are available at www.blackmagicdesign.com/media/images .

Red Hat Recognized as a Leader and Furthest in Vision in 2024 Gartner® Magic Quadrant™ for Container Management

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Friday, September 13, 2024

This report follows the Gartner recognition of Red Hat as a Challenger in the most recent 2024 Gartner Magic Quadrant for DevOps Platforms. As one of the only three vendors named in both Magic Quadrant reports, we believe this showcases Red Hat OpenShift’s capabilities as a fully integrated application development platform -- enabling a standardized developer experience across the hybrid cloud and supporting diverse workloads from AI-enabled to applications at the edge.

Key Points: 
  • Red Hat, Inc., the world's leading provider of open source solutions, today announced that Red Hat has been positioned by Gartner as a Leader and furthest on the Completeness of Vision axis in the Magic Quadrant for Container Management for its Red Hat OpenShift offering.1 Additionally, Red Hat ranked first in three of six Use Cases in the 2024 Gartner Critical Capabilities for Container Management, including Hybrid Container Development, Container Management Tooling and Edge Container Deployment.
  • Red Hat OpenShift is a comprehensive platform for developing, modernizing and deploying applications at scale, including AI-enabled apps.
  • This report follows the Gartner recognition of Red Hat as a Challenger in the most recent 2024 Gartner Magic Quadrant for DevOps Platforms .
  • Mike Barrett, vice president and general manager, Hybrid Cloud Platforms, Red Hat
    “We are proud to be recognized as a Leader and Furthest in Completeness of Vision in the Gartner Magic Quadrant for Container Management.

Quantiphi Achieves Google Cloud Generative AI Services Specialization

Retrieved on: 
Friday, September 13, 2024

MARLBOROUGH, Mass., Sept. 13, 2024 /PRNewswire/ -- Quantiphi , an AI-first digital engineering company today announced it is one of the first Google Cloud partners to achieve the prestigious Google Cloud Generative AI - Services Specialization , a testament to its position as an AI and generative AI leader, reinforcing its cutting-edge expertise in deploying advanced AI models to transform industries like healthcare , finance , retail , manufacturing and more through creative, data-driven solutions.

Key Points: 
  • MARLBOROUGH, Mass., Sept. 13, 2024 /PRNewswire/ -- Quantiphi , an AI-first digital engineering company today announced it is one of the first Google Cloud partners to achieve the prestigious Google Cloud Generative AI - Services Specialization , a testament to its position as an AI and generative AI leader, reinforcing its cutting-edge expertise in deploying advanced AI models to transform industries like healthcare , finance , retail , manufacturing and more through creative, data-driven solutions.
  • "Being among the first few Google Cloud partners to receive the Generative AI Specialization underscores our dedication to pioneering the frontiers of AI and delivering transformative solutions to our clients," Quantiphi Co-Founder Asif Hasan said.
  • "Achieving the Google Cloud Generative AI- Services Specialization highlights Quantiphi's ability to harness generative AI capabilities to drive real-world impact for its clients."
  • Visit Quantiphi.com to learn more about how Quantiphi's AI and generative AI capabilities are transforming enterprises across the globe.

IT Operations Analytics (ITOA) Market worth $127.4 billion by 2029- Exclusive Report by MarketsandMarkets™

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Friday, September 13, 2024

By end user, BFSI is expected to hold the largest market size for the year 2024.

Key Points: 
  • By end user, BFSI is expected to hold the largest market size for the year 2024.
  • IT operations analytics has a important role in maintaining system uptime and security and improving the performance of IT infrastructure within the closely regulated BFSI industry.
  • This application help in smoothing incident management, change management, and service request processes by providing deep insights through data analytics.
  • These companies have used both organic and inorganic growth strategies such as product launches, acquisitions, and partnerships to strengthen their position in the ITOA market.

IT Operations Analytics (ITOA) Market worth $127.4 billion by 2029- Exclusive Report by MarketsandMarkets™

Retrieved on: 
Friday, September 13, 2024

By end user, BFSI is expected to hold the largest market size for the year 2024.

Key Points: 
  • By end user, BFSI is expected to hold the largest market size for the year 2024.
  • IT operations analytics has a important role in maintaining system uptime and security and improving the performance of IT infrastructure within the closely regulated BFSI industry.
  • This application help in smoothing incident management, change management, and service request processes by providing deep insights through data analytics.
  • These companies have used both organic and inorganic growth strategies such as product launches, acquisitions, and partnerships to strengthen their position in the ITOA market.

IBC 2024: Starchive Announces Strategic Collaboration with Seagate Lyve Cloud Object Storage to Expand Functionality for Media & Entertainment Industry

Retrieved on: 
Friday, September 13, 2024

AMSTERDAM, Sept. 13, 2024 /PRNewswire/ -- Starchive, an AI-driven digital asset management system built for the creative community announced today a collaboration with Seagate Lyve Cloud Object Storage. The collaboration adds Starchive's AI-powered tools for Seagate customers to discover, preserve, transform and monetize digital media assets across the media, music, sports and entertainment industry.

Key Points: 
  • AMSTERDAM, Sept. 13, 2024 /PRNewswire/ -- Starchive, an AI-driven digital asset management system built for the creative community announced today a collaboration with Seagate Lyve Cloud Object Storage.
  • The collaboration adds Starchive's AI-powered tools for Seagate customers to discover, preserve, transform and monetize digital media assets across the media, music, sports and entertainment industry.
  • Starchive's tools will be fully integrated into Seagate's Lyve Cloud Object Storage.
  • Enriched Object Search: Starchive's advanced metadata capabilities make objects easier to find, group, and share inside Seagate's Lyve Cloud Object Storage.

Sinch issues bonds of 500 MSEK

Retrieved on: 
Friday, September 13, 2024

STOCKHOLM, Sept. 13, 2024 /PRNewswire/ -- Sinch AB (publ), which is pioneering the way the world communicates through its Customer Communications Cloud, has as of 12 September successfully issued senior unsecured bonds of SEK 500 million within the framework of the company's MTN program.

Key Points: 
  • STOCKHOLM, Sept. 13, 2024 /PRNewswire/ -- Sinch AB (publ), which is pioneering the way the world communicates through its Customer Communications Cloud, has as of 12 September successfully issued senior unsecured bonds of SEK 500 million within the framework of the company's MTN program.
  • The bond has a tenor of 3 years and a floating interest rate of 3-month STIBOR plus 175 bps.
  • The transaction generated significant interest among investors and was heavily oversubscribed with final orders amounting to double the issue size.
  • The proceeds from the issuance will be used to refinance part of the company's outstanding bond debt and settlement is expected on September 24th, 2024.

Sinch issues bonds of 500 MSEK

Retrieved on: 
Friday, September 13, 2024

STOCKHOLM, Sept. 13, 2024 /PRNewswire/ -- Sinch AB (publ), which is pioneering the way the world communicates through its Customer Communications Cloud, has as of 12 September successfully issued senior unsecured bonds of SEK 500 million within the framework of the company's MTN program.

Key Points: 
  • STOCKHOLM, Sept. 13, 2024 /PRNewswire/ -- Sinch AB (publ), which is pioneering the way the world communicates through its Customer Communications Cloud, has as of 12 September successfully issued senior unsecured bonds of SEK 500 million within the framework of the company's MTN program.
  • The bond has a tenor of 3 years and a floating interest rate of 3-month STIBOR plus 175 bps.
  • The transaction generated significant interest among investors and was heavily oversubscribed with final orders amounting to double the issue size.
  • The proceeds from the issuance will be used to refinance part of the company's outstanding bond debt and settlement is expected on September 24th, 2024.

Sinch calls for early redemption of outstanding bonds 2019/2024

Retrieved on: 
Friday, September 13, 2024

STOCKHOLM, Sept. 13, 2024 /PRNewswire/ -- Sinch AB (publ), which is pioneering the way the world communicates through its Customer Communications Cloud, today announces the conditional early redemption of its outstanding bond (nominal outstanding amount of 750 MSEK) with ISIN SE0013382140 (the "Bonds" and the "Early Redemption").

Key Points: 
  • STOCKHOLM, Sept. 13, 2024 /PRNewswire/ -- Sinch AB (publ), which is pioneering the way the world communicates through its Customer Communications Cloud, today announces the conditional early redemption of its outstanding bond (nominal outstanding amount of 750 MSEK) with ISIN SE0013382140 (the "Bonds" and the "Early Redemption").
  • The Bonds will be repurchased on 9 October 2024 (the "Redemption Date") at a price equivalent to 100.00 percent of the nominal amount plus accrued but unpaid interest up to and including the Redemption Date (the "Redemption Amount"), upon the Company having received the settlement of issued senior, unsecured bonds of 500 million SEK under the Company's MTN-program prior to the record date for the Early Redemption.
  • In connection with the Early Redemption, the Bonds will be delisted from Nasdaq Stockholm.
  • A notice of Early Redemption will be sent to the direct registered owners of Bonds in the debt register as of 12 September 2024.