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According to an IBM study, supply chain leaders are investing in artificial intelligence and automation to navigate supply chain uncertainty and improve sustainability

Chief Supply Chain Officers CSCOs are navigating significant supply chain challenges brought on by a worldwide COVID19 pandemic, inflation, temperatur

Chief Supply Chain Officers CSCOs are navigating significant supply chain challenges brought on by a worldwide COVID19 pandemic, inflation, temperature change and geopolitical events. a brand new IBM study reveals that theyre increasing investments in automation, AI and intelligent workflows, ecosystems and sustainability. Almost half 47% of surveyed CSCOs said they need introduced new automation technologies within the last two years. Surveyed CSCOs rank sustainability as their third biggest challenge within the next few years. 52% place sustainability at or near the highest of their priority list.50% report that their sustainability investments will accelerate business growth. This group is already outperforming peers on key metrics including reporting 11% higher annual revenue growth. Read More..

B2B Tech News | 2 years ago        

After raising a megafund, billionaire Jean Salatas Baring Private Equity Asia will increase its tech investments

Business Partners Asia BPEA raised $11.2 billion last week in the largest ever equity fundraising by an Asiabased private equity firm. The Hong Kongba

Business Partners Asia BPEA raised $11.2 billion last week in the largest ever equity fundraising by an Asiabased private equity firm. The Hong Kongbased firm agreed to merge with Stockholmlisted EQT in a deal worth $7.5 billion in March. BPEA has grown to become one of Asias largest private equity firms with assets under management of over $22 billion. Salata, who was on the Hong Kong Rich List this year with a net worth of $2.95bn, will join EQTs board of directors and become head of the combined Asia business.Baring Private Equity Asia will be rebranded as BPEA EQT Asia after the sale of its Asia arm to private equity firm EQT Capital Partners. The deal is expected to close in the fourth quarter, and Salata will become the head of the combined business. Read More..

B2B Tech News | 2 years ago        

Remedial Health, a Nigerian startup backed by YC, has raised $4.4 million in seed funding

Nigerian healthtech startup Remedial Health raises $4.4 million equity seed round. YCbacked startup has been growing its reach from six to 16 states w

Nigerian healthtech startup Remedial Health raises $4.4 million equity seed round. YCbacked startup has been growing its reach from six to 16 states within the populous nation. It makes it easy for pharmacies to source pharmaceutical products from major manufacturers and distributors, including GSK, Pfizer and AstraZeneca. Nigerianbased startup, Remedial Health has launched a digital procurement platform that enables pharmacies to manage their operations by facilitating the making and tracking of orders. Its patient medication records PMR system gives pharmacies access to client data making their ordering clearcut and day to day activities more efficient. In Nigeria alone, 500,000 community pharmacies drive over 80% of a 70billiondollar market in annual pharmaceutical sales. Read More..

B2B Tech News | 2 years ago        

Matrix Renewables acquires SolarStones 4.6GW solar portfolio.

Matrix Renewables has acquired a 4.6GW portfolio of utilityscale solar power projects across the US central region. the corporate bought the portfolio

Matrix Renewables has acquired a 4.6GW portfolio of utilityscale solar power projects across the US central region. the corporate bought the portfolio from USbased alternative energy company SolarStone for an undisclosed sum. Matrix currently has 2.3GW of renewable capacity currently operational, under construction or nearly able to build.Matrix Renewables has signed an agreement to accumulate a 440MW solar portfolio in Spain and Italy for an undisclosed sum. This capacity consists of solar photovoltaic PV, wind and storage projects located across North America, Europe and geographical area. Matrix also contains a further 7.3GW of capacity within the pipeline and is supported by global alternative asset manager TPG. Read More..

B2B Tech News | 2 years ago        

AlphaSense Accelerates Global Growth Strategy with New Frankfurt Office

AlphaSense, the leading market intelligence and search platform, today announced the opening of its first office in Germany. The new office space is f

AlphaSense, the leading market intelligence and search platform, today announced the opening of its first office in Germany. The new office space is found in Frankfurts Innenstadt, one amongst Europes leading commercial, cultural, and business centers. This announcement comes on the heels of a $225 million Series D financing last month that values the corporate at $1.7 billion. The explore for a permanent country manager is underway, but the office are managed by Peter Kovacs. AlphaSenses platform leverages proprietary search technology powered by AI and NLP to extract relevant insights from an in depth universe of public and personal content.Recently, the platform has been updated to support search functionality across a variety of nonEnglish content using language search terms in eight languages, including German. Read More..

B2B Tech News | 2 years ago        

Trilliant focuses on advanced metering infrastructure and grid modernization as a diamond sponsor at Enlit Asia in Bangkok

The Enlit Asia Summit is the premier gathering for senior executives of the ASEAN power and electricity sector. The event will address pressing energy

The Enlit Asia Summit is the premier gathering for senior executives of the ASEAN power and electricity sector. The event will address pressing energy issues and strategic and commercially important topics, as the region looks to successfully navigate the energy transition. Trilliant Chairman and CEO Andrew C. White will participate as a keynote speaker during the opening ceremony. Trilliant has more than 3.8 million smart meters currently deployed and operational, with millions more planned. The company has taken an important step in introducing smart meters in AsiaPacific. Registered attendees can find out how they can benefit from the AMI during an Executive Meter Panel on day two. Visit and discover demonstrations of innovative solutions and discuss with subject matter experts. Read More..

B2B Tech News | 2 years ago        

The UKs Financial Conduct Authority says FTX can operate in the UK without a licence.

The UKs Financial Conduct Authority said on Friday that cryptocurrency exchange FTX could offer financial services or products in the UK without conse

The UKs Financial Conduct Authority said on Friday that cryptocurrency exchange FTX could offer financial services or products in the UK without consent. As one of the worlds largest cryptocurrency exchanges, FTX has gained notoriety for its role as a cryptocurrency white knight throwing a lifeline to a digital asset platform that has failed due to the fall in cryptocurrency prices this year. You will see the message FTX with the title. This company is not authorized by us and is intended for people in the UK. FTX did not immediately respond to requests for comment sent over the holidays. The FCA regulated international cryptocurrency companies in July and said global rules are needed to keep the market clean. Read More..

B2B Tech News | 2 years ago        

Instacart plans to focus on employee sales in its IPO

The Grocery Delivery App The Wall Street Journal reported on Monday that Instacart Inc. does not intend to raise much capital in its initial public of

The Grocery Delivery App The Wall Street Journal reported on Monday that Instacart Inc. does not intend to raise much capital in its initial public offering in the United States, instead focusing on the sale of employee shares. According to the report, the sale of mostly employee shares would allow Instacarts employees, including some of its earliest hires, to cash in on some of the shares they have been accumulating while also assisting the company in retaining talent. Reuters request for comment was not immediately responded to by Instacart. According to the WSJ, the shares will be sold directly to new investors at an agreedupon price ahead of a stock market debut. Read More..

B2B Tech News | 2 years ago        



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1.  Global online sales are predicted to reach 22% of all retail sales in 2023.
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2.  Global tablet shipments are expected to hit 142 million by 2025, reports Statista.
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