ICT

2023 VC fund fundraising lowest since 2019

Retrieved on: 
Monday, March 18, 2024

42 Canadian VC funds raised $1,717 million in aggregate, the worse fundraising by Canadian VC funds since 2019.

Key Points: 
  • 42 Canadian VC funds raised $1,717 million in aggregate, the worse fundraising by Canadian VC funds since 2019.
  • In 2023, Canadian private VCs invested $486 million; at this pace, the $1,498 million raised in 2023 would last at approximately three years.
  • Investment volume was at its lowest level since 2019 while industry fundraising was equally morose.
  • We cover all aspects of VC information, not limited to but including Canada's only information on VC firm fundraising, VC funding sources (where all the VC came from).

Tata Communications Recognized by Frost & Sullivan for Excellence in Next-gen Connectivity and Unified Communications

Retrieved on: 
Monday, March 18, 2024

MUMBAI, India, March 18, 2024 /PRNewswire/ -- Frost & Sullivan announces Tata Communications, the global communications technology (commtech) player as a recipient of multiple awards for its excellence in connectivity and communication solutions for enterprises. Tata Communications was honored with the following:

Key Points: 
  • MUMBAI, India, March 18, 2024 /PRNewswire/ -- Frost & Sullivan announces Tata Communications, the global communications technology (commtech) player as a recipient of multiple awards for its excellence in connectivity and communication solutions for enterprises.
  • Tata Communications was honored with the following:
    Tata Communications has demonstrated leadership through continual product innovation, customer service excellence, sterling reputation, and customer-centric framework, leading to its coveted preferred-partner status.
  • Tata Communications GlobalRapide solution is an end-to-end, managed unified communications-as-a-service (UCaaS) that enables enterprises to deliver digitally advanced, sophisticated, and intelligent collaboration experiences to employees.
  • "We are honoured to receive the prestigious recognitions from Frost & Sullivan," said Arijit Bonnerjee, Vice President and Head of India Region at Tata Communications.

Tata Communications Recognized by Frost & Sullivan for Excellence in Next-gen Connectivity and Unified Communications

Retrieved on: 
Monday, March 18, 2024

MUMBAI, India, March 18, 2024 /PRNewswire/ -- Frost & Sullivan announces Tata Communications, the global communications technology (commtech) player as a recipient of multiple awards for its excellence in connectivity and communication solutions for enterprises. Tata Communications was honored with the following:

Key Points: 
  • MUMBAI, India, March 18, 2024 /PRNewswire/ -- Frost & Sullivan announces Tata Communications, the global communications technology (commtech) player as a recipient of multiple awards for its excellence in connectivity and communication solutions for enterprises.
  • Tata Communications was honored with the following:
    Tata Communications has demonstrated leadership through continual product innovation, customer service excellence, sterling reputation, and customer-centric framework, leading to its coveted preferred-partner status.
  • Tata Communications GlobalRapide solution is an end-to-end, managed unified communications-as-a-service (UCaaS) that enables enterprises to deliver digitally advanced, sophisticated, and intelligent collaboration experiences to employees.
  • "We are honoured to receive the prestigious recognitions from Frost & Sullivan," said Arijit Bonnerjee, Vice President and Head of India Region at Tata Communications.

Global and China Automotive RISC-V Chip Industry Research Report 2024: Customized Chips May Become the Future Trend, and RISC-V will Challenge ARM

Retrieved on: 
Friday, March 15, 2024

DUBLIN, March 14, 2024 /PRNewswire/ -- The "Automotive RISC-V Chip Industry Research Report, 2024" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, March 14, 2024 /PRNewswire/ -- The "Automotive RISC-V Chip Industry Research Report, 2024" report has been added to ResearchAndMarkets.com's offering.
  • In contrast, ARM and X86 are not only complicated in instruction set development, but also difficult to obtain authorization to modify instruction sets.
  • In terms of customization, it enables designers to create thousands of potential customized processors, thus speeding up the time to market.
  • In the past, automotive chips were mainly based on ARM or private architectures of some European chip companies.

World Trade Centers Association Reveals Global Winners of 3rd Biennial Champions Awards

Retrieved on: 
Tuesday, March 12, 2024

NEW YORK, March 12, 2024 /PRNewswire/ -- World Trade Centers Association® (WTCA®) — an international trade organization connecting more than 300 World Trade Center® (WTC®) locations in nearly 100 countries — announced the winners of the 3rd Biennial Champions Awards during its 54th Annual WTCA Global Business Forum (GBF) hosted by WTC Bengaluru in Bengaluru, India, honoring exceptional contributions from member businesses within its global network. Nominees were awarded in four key categories: local connectivity, reciprocity/network support, sustainability and innovation. Additionally, outstanding members were honored through the 'Regional Member of the Year' awards across the five regions where the WTCA is active, as well as the 'Global Member of the Year' award.

Key Points: 
  • The awards recognize exceptional contributions to the association's global network, celebrating local connectivity, reciprocity/network support, sustainability, and innovation
    NEW YORK, March 12, 2024 /PRNewswire/ -- World Trade Centers Association® (WTCA®) — an international trade organization connecting more than 300 World Trade Center® (WTC®) locations in nearly 100 countries — announced the winners of the 3rd Biennial Champions Awards during its 54th Annual WTCA Global Business Forum (GBF) hosted by WTC Bengaluru in Bengaluru, India, honoring exceptional contributions from member businesses within its global network.
  • The Champions Awards recognize WTCA members across a global network of highly connected, mutually supporting businesses and organizations who exemplify the association's core values and mission.
  • A judging panel consisting of previous Champions Awards winners, and chairs of WTCA's Member Advisory Councils and Regional Advisory Councils selected the winners of the 10 categories.
  • "This year's winners now join an elite group of past Champions Awards winners who have set the standard for global excellence around the network.

World Trade Centers Association Reveals Global Winners of 3rd Biennial Champions Awards

Retrieved on: 
Tuesday, March 12, 2024

NEW YORK, March 12, 2024 /PRNewswire/ -- World Trade Centers Association® (WTCA®) — an international trade organization connecting more than 300 World Trade Center® (WTC®) locations in nearly 100 countries — announced the winners of the 3rd Biennial Champions Awards during its 54th Annual WTCA Global Business Forum (GBF) hosted by WTC Bengaluru in Bengaluru, India, honoring exceptional contributions from member businesses within its global network. Nominees were awarded in four key categories: local connectivity, reciprocity/network support, sustainability and innovation. Additionally, outstanding members were honored through the 'Regional Member of the Year' awards across the five regions where the WTCA is active, as well as the 'Global Member of the Year' award.

Key Points: 
  • The awards recognize exceptional contributions to the association's global network, celebrating local connectivity, reciprocity/network support, sustainability, and innovation
    NEW YORK, March 12, 2024 /PRNewswire/ -- World Trade Centers Association® (WTCA®) — an international trade organization connecting more than 300 World Trade Center® (WTC®) locations in nearly 100 countries — announced the winners of the 3rd Biennial Champions Awards during its 54th Annual WTCA Global Business Forum (GBF) hosted by WTC Bengaluru in Bengaluru, India, honoring exceptional contributions from member businesses within its global network.
  • The Champions Awards recognize WTCA members across a global network of highly connected, mutually supporting businesses and organizations who exemplify the association's core values and mission.
  • A judging panel consisting of previous Champions Awards winners, and chairs of WTCA's Member Advisory Councils and Regional Advisory Councils selected the winners of the 10 categories.
  • "This year's winners now join an elite group of past Champions Awards winners who have set the standard for global excellence around the network.

EQS-News: Mumtalakat Launches New Digital Solutions Provider “ARRAY”

Retrieved on: 
Wednesday, March 13, 2024

Manama, Kingdom of Bahrain 12, March 2024: Bahrain Mumtalakat Holding Company ( Mumtalakat ), the sovereign wealth fund of the Kingdom of Bahrain, signed an agreement to launch ARRAY Innovation (ARRAY), a new digital solutions provider with the support of the Bahrain Economic Development Board (Bahrain EDB).

Key Points: 
  • Manama, Kingdom of Bahrain 12, March 2024: Bahrain Mumtalakat Holding Company ( Mumtalakat ), the sovereign wealth fund of the Kingdom of Bahrain, signed an agreement to launch ARRAY Innovation (ARRAY), a new digital solutions provider with the support of the Bahrain Economic Development Board (Bahrain EDB).
  • Attending the signing were His Excellency Shaikh Abdulla bin Khalifa Al Khalifa, Chief Executive Officer of Mumtalakat of Mumtalakat, and Alaa Saeed, Co-Founder of ARRAY, a former Citi Managing Director and Crown Prince’s International Scholarship Program Alumni.
  • Bridging the gap between global digital innovation opportunities and local Bahraini talent, ARRAY will harness cutting-edge technologies integrating generative AI and Cloud capabilities to deliver premium digital solutions including consultancy services, professional and managed IT services, and turnkey resourcing solutions to a diverse range of businesses in the Kingdom of Bahrain, the region and globally.
  • the Minister of Sustainable Development and Chief Executive of Bahrain Economic Development Board added.

RM plc: Extension and amendment of Banking facility

Retrieved on: 
Wednesday, March 13, 2024

RM plc, (“RM”, the “Company”), a leading global educational technology, digital learning and assessment solution provider, announces that it has reached agreement with its lenders to extend its current facility by a further year to the end of July 2026.

Key Points: 
  • RM plc, (“RM”, the “Company”), a leading global educational technology, digital learning and assessment solution provider, announces that it has reached agreement with its lenders to extend its current facility by a further year to the end of July 2026.
  • All other requirements, including the fixed and floating charge and soft liquidity covenants, remain materially unchanged under the update.
  • "I am grateful for the continuing support of our lenders and the extension to our facility and amendment to the covenant tests.
  • RM is focused on delivering a consistently high-quality digital experience, acting as a trusted consultative partner to provide solutions that deliver real impact for learners worldwide.

Mumtalakat Launches New Digital Solutions Provider "ARRAY"

Retrieved on: 
Tuesday, March 12, 2024

Manama, Kingdom of Bahrain--(Newsfile Corp. - March 12, 2024) - Bahrain Mumtalakat Holding Company (Mumtalakat), the sovereign wealth fund of the Kingdom of Bahrain, signed an agreement to launch ARRAY Innovation (ARRAY), a new digital solutions provider with the support of the Bahrain Economic Development Board (Bahrain EDB).

Key Points: 
  • Attending the signing were His Excellency Shaikh Abdulla bin Khalifa Al Khalifa, Chief Executive Officer of Mumtalakat of Mumtalakat, and Alaa Saeed, Co-Founder of ARRAY, a former Citi Managing Director and Crown Prince's International Scholarship Program Alumni.
  • Bridging the gap between global digital innovation opportunities and local Bahraini talent, ARRAY will harness cutting-edge technologies integrating generative AI and Cloud capabilities to deliver premium digital solutions including consultancy services, professional and managed IT services, and turnkey resourcing solutions to a diverse range of businesses in the Kingdom of Bahrain, the region and globally.
  • ARRAY is committed to spearheading digital innovation, generating social impact, and enhancing Bahrain's position as a regional technology leader by providing specialised digital expertise to businesses and communities, fostering the development of local talent, and shaping a future where progress paves the way for positive change.
  • "ARRAY will provide at least 1,000 highly skilled jobs for Bahrainis, addressing the needs and serving a clientele of financial institutions, multinational corporations, and governments," H.E.

Transformative Power of Technology: Digital Transformation Summit 2024 Set to Redefine South Africa's Tech Landscape

Retrieved on: 
Friday, March 8, 2024

The much-anticipated Digital Transformation Summit is set to take place on March 15, 2024, at the prestigious Sandton Convention Centre.

Key Points: 
  • The much-anticipated Digital Transformation Summit is set to take place on March 15, 2024, at the prestigious Sandton Convention Centre.
  • The 27th Edition of the Digital Transformation Summit, South Africa, aims to delve deep into how organizations are embracing digital transformation, navigating challenges across various technologies, and bolstering cybersecurity measures.
  • Dr. Thabiso Njongwe, Chief Digital Transformation Officer, Absa Group, will discuss "Sustainable Digital Shift in South Africa: Challenges, Opportunities, and Inclusivity."
  • Join us at the Digital Transformation Summit South Africa on March 15th at the Sandton Convention Centre to be part of this transformative event.