Author: Akin Naphtal

Mohamed bin Zayed University of Artificial Intelligence (MBZUAI) in collaboration with IBM formally launched an AI Center of Excellence recently as part of Abu Dhabi Sustainability Week’s World Future Energy Summit. According to the company, the Center aims to advance collaboration to improve the adoption of AI technology and help drive sustainability. The Center will develop carbon neutral solutions to existing energy supplies, combat climate change, and further natural language processing (NLP) for Arabic dialects. Experts from IBM and MBZUAI plan to focus on decarbonization, with advanced research into climate change mitigation and adaptation. Joint research teams will work on…

Connectbase, the Industry Cloud for Connectivity, announces its partnership with LB Networks for buying and selling connectivity with assurance. Through this partnership, Connectbase and LB Networks are able to provide an Assured Ethernet transparency option to connectivity buyers leveraging the Connectbase platform. “Through this partnership between Connectbase and LB Networks we provide an enhanced, end-to-end customer experience with intelligence and assurance. The network assurance builds on the trust and confidence in the data and serviceability that users of The Connected World experience,” said Ben Edmond, CEO and Founder at Connectbase. “LB Networks has partnered with service providers across our ecosystem…

The UK’s former chancellor Philip Hammond has been appointed as the chair of the London-based digital asset unicorn Copper. The new chair, Hammond said that the UK should be leading the crypto sector as a “post-Brexit” opportunity, pointing to the progress already made by European nations. Copper said he has provided “strategic advice as the firm has grown significantly and expanded its operations and services globally”. Since taking on his role, Copper has grown to 300 staff from 50 and doubled its revenue, the firm said in a statement. The firm has also clinched top deals with leading financial institutions…

Focus Group has announced it has made a “strategic investment” in Zest4; a Cheshire-based unified communications provider. Mandy Fazelynia, managing director of Zest4, will continue to lead the business together with the current Zest4 directors and existing management team. She plans on doubling revenue in the next two years, with a focus on becoming the wholesale partner of choice to the channel. The investment will see Freddie Fazelynia (founder of Zest4) and Kevan Wakerley (CFO) remain on board as advisors. Fazelynia explained, “We have invested heavily in Zest4 over the years, becoming one of the best-known service providers to the…

Sycope has announced its entry into the UK and Ireland markets through a strategic partnership with Nuvola Distribution. The partnership allows Nuvola to promote and distribute Sycope’s IT solutions for security monitoring and network and application performance in the UK and Ireland, and will give Sycope access to Nuvola’s expertise as a global technology and services distributor with offices throughout Europe. Nuvola provides partner reseller services, offering fully integrated IT solutions to customers. In addition to the sales process, the distributor provides professional testing, training, installation, implementation and technical support. READ ALSO:Germany’s Digital Economy to Break EUR 200 Billion Mark…

According to a report by Bitkom, a digital industry association in Germany, it states that the German digital sector will smash its previous record for turnover in 2023.Digital is doing extremely well in Deutschland. That’s the conclusion of a study by industry organization Bitkom. It calculates that digital business in Europe’s largest economy will be worth EUR 203.4 billion this year. That represents a year-on-year increase of 3.8 percent. It would be the first time turnover has passed the 200-billion-euro mark. Bitkom also predicts 4.8 percent global growth in the sector, with total value reaching more than 4.3 trillion euros.…

Digital insurance platform mTek has partnered with Kyosk.app and Fin Africa to provide insurance coverage to over 100,000 Kenyan dukas, or informal retail shops. This innovative partnership aims to address the underinsurance of the informal retail sector, which employs over 80% of the Kenyan workforce, but faces a wide range of insurable risks, such as business interruption, theft, damage to property, cyber-attacks, and loss of stock. READ ALSO: Cybersecurity ‘key growth sector’ for the Channel in 2023 Node4 Group Appoints Hannah Birch as New Managing Director Digital Intercity Technology Announces Three New Appointments According to mTek CEO Bente Krogmann, the…

Last year, IBM experienced their least profitable sales total since 1987, yet they were able to boost their sales by over 6%, and anticipate more growth in 2023 despite layoffs IBM’s chief executive Arvind Krishna says that the company saw “revenue growth across segments and geographies,” and attributed that to the strength of the company’s hybrid cloud and artificial intelligence strategy. READ ALSO: Node4 Group Appoints Hannah Birch as New Managing Director Digital Intercity Technology Announces Three New Appointments Amazon India Announces the Launch of Air Cargo Service in India The IT software giant increased revenue more than 6% in…

AWS is investing US$4.5 billion (A$6.8 billion) in Australia by 2037 and announced the launch of its second AWS infrastructure Region in Australia, the AWS Asia Pacific Melbourne Region It is estimated that the recently established Region will be able to provide more than 2,500 full-time positions a year, due to a projected investment of over US$4.5 billion (around A$6.8 billion) in Australia until 2037. AWS vice president of infrastructure services Prasad Kalyanaraman says Australia has a strong history of technical innovation and the launch of a second AWS Region in Australia. According to Kalyanaraman it will provide greater resilience…

South African Fintech firm, Mama Money has announced a partnership with Zimbabwe’s AFC Commercial Bank to connect to the Bank’s customer base inclusive of 45 cash collection points. In a statement released to the media, Mama Money said it is estimated that the monthly remittance flows from South Africa to Zimbabwe range between US$30 to US$60 million, through both formal and informal channels – and this accounts for over 10% of the country’s GDP, according to the World Bank. The volume of business is evident, but cost is a barrier. This is where Mama Money is looking to exert its…