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GLOBAL NEWS

EU should take notes from the US Inflation Reduction Act, according to a sector source.

According to a senior source from the European aluminium industry who spoke to EURACTIV, the EU could learn from the US Inflation Reduction Act IRA an

According to a senior source from the European aluminium industry who spoke to EURACTIV, the EU could learn from the US Inflation Reduction Act IRA and support the decarbonization of its own industries. At a conference on Thursday in Brussels, EU leaders will discuss how to respond to Washingtons green technology investment plan, but the European aluminium sector expresses concern over the information so far offered and warns that Europe is likely to make the same mistakes against its own industry. Companies from other regions have already experienced concrete benefits from the US IRA, shifting their planned investments from Europe to the USA. Read More..

B2B Tech News | 1 months ago      

AWS and Google give Mantel Group recognition on a global scale.

The first company with an Australian headquarters to obtain the Amazon Web Services AWS Microsoft Workloads Competency is CMD Solutions, an AWS premie

The first company with an Australian headquarters to obtain the Amazon Web Services AWS Microsoft Workloads Competency is CMD Solutions, an AWS premier consulting partner of Mantel Group. The first and only Australians to be recognised by the Google Cloud Partner Allstars programme are engineers from Kasna Lizzie Reid and Stephen Bancroft. In order to provide AWS machine learning, artificial intelligence, and data science solutions or to link AWS cloud services with Databricks data platform, CMD Solutions, a member of the Mantel Group, collaborates closely with sister firms Eliiza and Cuusoo. A broad range of technology transformation services are offered by the IT consulting firm Mantel Group, which has expertise in several important industries. It is a House of Brands made up of companies that specialise in particular domains. Read More..

B2B Tech News | 1 months ago      

Investment in restaurant and retail technology in the AsiaPacific region reached a peak of $11 billion in 2021, with a decline anticipated in 2022.

In the APAC area, instore retail and restaurant technology generated $1.1 billion in revenue in 2021, a 45% increase from 2020 levels. Technologies in

In the APAC area, instore retail and restaurant technology generated $1.1 billion in revenue in 2021, a 45% increase from 2020 levels. Technologies in this category include 3D food printers, pointofsale systems, food waste monitoring tools, shelfstacking robots, and reservation management software. Due to a massive Series E deal for Singapores Trax, the shop shelf image recognition technology that raised a $640m round, the investment amount was high. According to the 2022 AgFunder AgriFoodTech Investment Report, a select few large rounds globally were responsible for the 62% YOY growth in investment dollars in 2021. However, funding fell to about $700 million in 2022—roughly the same amount that was raised in the area in 2020. Read More..

B2B Tech News | 1 months ago      

Viasats satellite service operations are boosted by Latin America.

Latin America was one of the bright spots for US satellite and connectivity services company Viasat, which reported overall weak results for its fisca

Latin America was one of the bright spots for US satellite and connectivity services company Viasat, which reported overall weak results for its fiscal third quarter 2023, which ended on December 31. Viasats net revenues for the quarter totaled US$714 million, a decrease from US$720 million in Q3 FY22. BRAND NEW SATELLITE The company also stated in its financial statement that after a long, painstaking process, it has completed construction and testing of the first ViaSat3 satellite, which is scheduled to launch in the first week of April from Florida. The longdelayed launch of Viasats first 3TBclass internet satellite aims to boost the companys bandwidth capacity as it competes with SpaceXs Starlink in an increasingly competitive space connectivity race. Read More..

B2B Tech News | 1 months ago      

Network fabric is integrated into the SDWAN platform by Extreme.

The cloud networking company Extreme Networks has announced the addition of network fabric functionality to its ExtremeCloud SDWAN product. Customers

The cloud networking company Extreme Networks has announced the addition of network fabric functionality to its ExtremeCloud SDWAN product. Customers will be able to link different settings, like the data centre, campus, and branch sites, securely from a single platform thanks to this integration. Due to these modifications, clients can now install fabrics more quickly—by more than 90%—and increase network security through hypersegmentation. Customers also have the option to automate the discovery and configuration of fabricenabled switches and access points, making it simple to expand connection to new locations at low cost while enhancing security, visibility, and application performance. Read More..

B2B Tech News | 1 months ago      

Performance of South Africas tech startups declines.

South African innovators have urged the government to loosen restrictions that are hindering the countrys technology startups in light of recent data

South African innovators have urged the government to loosen restrictions that are hindering the countrys technology startups in light of recent data showing that the countrys performance has fallen behind that of numerous African rivals in this field. According to the African Tech Firms Funding Report 2022, which was released on February 6th, South Africas 78 startups who sought funding saw a reduction of 12.4% from the prior year and a 2% decrease in the US$329,707,000 they netted. This contrasts South Africa with the rest of Africa, where in 2022 both investments and the number of startups reached record highs. The SA Startup Act Movement is requesting that the government ease exchange restrictions and other onerous regulations for startups with an annual revenue of less than $100 million  rand US$5.7m. Read More..

B2B Tech News | 1 months ago      

The first AsiaPacific data center for LexisNexis Risk Solutions opens in India.

In order to provide superior data protection, LexisNexis Risk Solutions opened its first data centre in India. In India, smartphone and app usage is r

In order to provide superior data protection, LexisNexis Risk Solutions opened its first data centre in India. In India, smartphone and app usage is rising, and by 2025, the country will have a US$1 trillion digital economy. Through access to ThreatMetrix® and cuttingedge behavioural biometrics technology, the new data centre will meet the rapidly increasing demand for data and assist Indian and international businesses operating locally. The platform has several compliance certifications, including HIPAA, CSA, and ISO 27001. Read More..

B2B Tech News | 1 months ago      

EU reduces its response to the US climate law to emphasize green technology.

In order to make European businesses more competitive with those in the US and China, European leaders are concentrating on ways to strengthen their o

In order to make European businesses more competitive with those in the US and China, European leaders are concentrating on ways to strengthen their own policies. The 27 heads of state and government of the European Union will consider easing subsidy regulations so that nations can help green technology companies more and establishing legal clarity to encourage more domestic investment when they meet in Brussels on Thursday. The US was implementing an industrial policy that mirrored Chinas practise of doling out subsidies, French Finance Minister Bruno Le Maire said, although tensions have since subsided. Olaf Scholz, the chancellor of Germany, is optimistic that they will be successful. Read More..

B2B Tech News | 1 months ago