Author: Akin Naphtal

Aviatrix, the pioneer of Intelligent Cloud Networking™, has announced that Choice Hotels International, one of the largest and most successful lodging franchisors in the world, has selected Aviatrix as its cloud networking provider. The transition from on-prem to cloud in the hotel industry has been relatively slow, with experts estimating only 20,000 hotels – a small fraction of the industry – are using cloud-based solutions. READ ALSO: Korea Scientists to Introduces a Network Effect-Based Model That Enhances Business Intelligence 5G Steel: the first enhanced mobile broadband use cases to decarbonize the steel industry and work in mobility on an industrial…

There is a need to improve the quality of user data for making effective business decisions. To this end, researchers in Korea propose a network effect-based reasoning model that directly collects meaningful data by applying the influence-based social exchange and two-step flow of information theories. The model can enhance business intelligence and facilitate big data analysis. Scientists at Dongguk University propose a network effect-based model that enhances business intelligence READ ALSO: 5G Steel: the first enhanced mobile broadband use cases to decarbonize the steel industry and work in mobility on an industrial site in France. Open AI Introduces ChatGPT Plus…

Tyneside touch tech specialist Zytronic has invested around £400,000 into new equipment to boost its manufacturing operations. The Blaydon based business has invested in a second laser soldering system within a factory cleanroom, which directors say allows Zytronic to leverage the latest production technology. The system was developed by Industrial Vision Systems Ltd. Speaking on the investment, Mark Cambridge, managing director of Zytronic, said: “The investment in this next-generation laser bonding system supports our continued drive for yield improvements and accelerating throughput. This new and more advanced system complements the one we installed in another cleanroom a few years ago…

ArcelorMittal France announces the operational launch of 5G Steel, the largest 4G/5G network in the industrial environment, with Orange Business Services and Ericsson. The initiative, supported by the French government as part of the France Relance economy revival plan, is now enabling the first industrial use cases to be implemented at the ArcelorMittal site in Dunkerque. The industrial use cases of 5G Steel include: Future industrial use cases to be developed on ArcelorMittal’s sites include other initiatives in terms of mobility of people in work situations, autonomous rail vehicles in Dunkerque and Florange, autonomous road vehicles, the generalization of mobile…

OpenAI creator company of the chatbot, ChatGPT, has announced ChatGPT plus, a subscription plan for the generative AI service at $20/month. According to the report, subscribed users to the ChatGPTplus service will have continued access to the chatbot even during peak times – when it is usually inaccessible for some users. They’d also enjoy a “faster response time” and “priority access to new features and improvements.”This is a reduction from the company’s initial plan to launch the Plus version at $42 per month, making it accessible and affordable to a broader range of people including students. READ ALSO:BDR Group Acquires…

BDR Group has announced that it has completed 100% acquisition of 3C Technology, an Essex-based reseller and service provider. 3C Technology was founded in 1991, with a head office in Colchester and a regional office in Hemel Hempstead. It sells IT support, cloud, security, data and voice services to SME and public sector customers across the UK. READ ALSO:IBM Collaborates with NASA to Research Impact of Climate Change with AI Mizuho Bank Modernizes Core Banking Operations with Oracle Microsoft Signs Strategic Partnership with Qcells to Foster Solar Power Economy The company has partnerships with vendors including Microsoft, HP, VMware, Sophos…

New IBM Foundation Model Technology Leverages NASA Earth Science Data for Geospatial Intelligence IBM and NASA’s Marshall Space Flight Center recently announce a collaboration to use IBM’s artificial intelligence (AI) technology to discover new insights in NASA’s massive trove of Earth and geospatial science data. The joint work will apply AI foundation model technology to NASA’s Earth-observing satellite data for the first time. Foundation models are types of AI models that are trained on a broad set of unlabeled data, can be used for different tasks, and can apply information about one situation to another. These models have rapidly advanced…

After a successful implementation in New York, the Japanese banking giant continues its phased roll-out of Oracle’s banking solutions Mizuho Bank, Ltd., the integrated retail and corporate banking unit of Mizuho Financial Group and one of Japan’s largest financial services institutions, is modernizing its legacy banking system for international operations with Oracle. Over the coming years, Mizuho will implement Oracle’s banking solutions to support critical functions, including direct deposit accounts and liquidity management, at its operations in major overseas offices. The roll-out began with the successful replacement of Mizuho’s legacy banking system at its New York offices. “When considering replacing…

In an effort to diversify the global energy supply chain and reduce carbon emissions, Qcells, a global solar leader investing in building a U.S. solar supply chain, and Microsoft Corp., a global technology company with a commitment to be carbon negative by 2030, are partnering to enable a strong supply chain for new renewable electricity capacity projected to require at least 2.5 gigawatts of solar panels and related services — equivalent to powering over 400,000 homes. Qcells, owned by Hanwha Solutions headquartered in Seoul, will work with Microsoft to develop solar projects as well as provide panels and engineering, procurement…

Interswitch Group, one of Africa’s leading financial technology and integrated payments solution providers has announced receipt of a Payments Service Holding Company (PSHC) License issued by the Central Bank of Nigeria (CBN).This follows an earlier announcement by the CBN regarding new licensing categories for participants in the Nigerian Payments System. By virtue of this development, which was formally communicated recently by the apex bank, Interswitch essentially becomes one of the inaugural licensees by the CBN in this category. According to the regulator, the PSHC regulation requires companies with existing or prospective operations across multiple license categories to set up a…