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InvoCare increases innovation spending and the use of technology

InvoCare has boosted its information technology and digital spending, putting towards its PC, tablet, and phone refresh program, and building out an i

InvoCare has boosted its information technology and digital spending, putting towards its PC, tablet, and phone refresh program, and building out an innovation hub. Investment spending on funeral and crematorium providers platforms increased to $5.7 million for shared service center projects and ERP implementations. InvoCare is responsible for over 290 funeral locations and 17 cemeteries and crematoria. InvoCares $5 million growth and network costs included digital project initiatives, websites, ecommerce, CRM projects, and other network property projects. The companys operating earnings before interest and taxes EBIT over the half were up 10 percent to $44.0 million and reported $16.8 million in losses. Memory, an investment in the digital memorial business, now offers digital memorial hours for most fullservice funerals in Australia. Read More..

B2B Tech News | 2 years ago          

Global cybersecurity spending is expected to reach US$460 billion.

Global spending on cybersecurity will grow to $460 billion in the coming years, more than doubling the total in 2021, as its importance gains priority

Global spending on cybersecurity will grow to $460 billion in the coming years, more than doubling the total in 2021, as its importance gains priority in economies and businesses around the world. This was recently revealed at the 8th Kaspersky Cyber ​​​​Security Weekend in Asia Pacific APAC. You dont need to spend that much on cyber security, but to be honest, there is no general rule on spending on cyber security, it depends on the nature of your business and your internet savvy. Kaspersky Security CEO Kamluk explained how a world without cybersecurity opens the door for criminals to exploit user data. The inability to verify the accuracy of news and information makes them unreliable, and the spread of fake news and fake information is expected. From July 2021 to August 2022, Kaspersky prevented 7.2 billion malicious object attacks, including malware and malicious web content, worldwide. APAC is the most vulnerable region, with 35% of detected malware targeting users in this Read More..

B2B Tech News | 2 years ago          

Farmers who want to adopt ag technology face hurdles due to the global shortage of semiconductor chips

Semiconductor chips are the backbone of electronic devices but supply has been constrained since the outbreak of COVID19. Many farmers need laborsavin

Semiconductor chips are the backbone of electronic devices but supply has been constrained since the outbreak of COVID19. Many farmers need laborsaving technologies to address labor shortages and increase productivity. Ag tech entrepreneur Tom Mills has had to redesign his products due to chip shortage. Tasmanian farmer Charlie MacKinnon spent hours every day checking his irrigation pumps and pivots. Some university students are creating their chips for use in robotics and other electrical components. While demand soared, supply was hit by a severe drought in Taiwan, which crippled The worlds largest underwater chip maker TSMC. The deficit could shrink as the chaos of COVID19 dissipates and the US offers more than $50 billion in stimulus packages to boost manufacturing. Read More..

B2B Tech News | 2 years ago          

NASA began testing the rocket as the last step before humans could walk on the moon again

Artemis 1, the most powerful rocket in history, will lift off from the Kennedy Space Center at 10.30 pm AEST on Monday. The goal is to test the new sp

Artemis 1, the most powerful rocket in history, will lift off from the Kennedy Space Center at 10.30 pm AEST on Monday. The goal is to test the new space capsule powered by a 32story rocket by flying back across the Moon under the guidance of an emergency test dummy named Commander Muoniquin Campos The launch is believed to be the last test before humans return to the moon and eventually go to Mars. Despite the excitement and anticipation of the scientific community, a terrified launch nearly crashed at the Kennedy Space Center on Sunday after being struck by lightning near the Kennedy Space Center. NASAs mix of old and new launches takes place at the Cape Canaveral Launch Complex, which hosted the Apollo lunar missions from 1968 to 1972. Read More..

B2B Tech News | 2 years ago          

A US joint venture between LG and Honda to produce EV batteries

Construction will begin in early 2023, with mass production of advanced lithiumion battery cells to start by 2025. The joint venture will be formed th

Construction will begin in early 2023, with mass production of advanced lithiumion battery cells to start by 2025. The joint venture will be formed this year, with the completion of the agreement subject to regulatory approval. The plant will only produce batteries for Honda vehicles assembled in North America. New U.S. law includes a tax credit of up to $7,500 that could be used to defray the cost of purchasing an electric vehicle.Major South Korean battery maker LG and Japanese automaker Honda are investing $4.4 billion in a joint venture in the United States to produce batteries for Honda electric vehicles in the North American market, the two companies.The joint venture is expected to be formed later this year, with closing of the transaction subject to regulatory approvals. Our joint venture with Honda, which enjoys an important brand reputation, is another important step in our mid to longterm strategy to advance electrification in the growing North American market. Read More..

B2B Tech News | 2 years ago          

ORIGIN Metaverse Latin American Stock Group announces partnership with Vreal.mx

ORIGIN Metaverse, a patentpending real estate technology company using Web3, is pleased to announce the addition of its partner, Vreal. mx. Headquarte

ORIGIN Metaverse, a patentpending real estate technology company using Web3, is pleased to announce the addition of its partner, Vreal. mx. Headquartered in Queretaro, Mexico, Vreal. mx, formerly known as Virket Real Estate, has a portfolio of luxury properties worth over $500 million in Latin America. Vreal.mx ORIGIN uses a simplified platform to simultaneously create a digital reality to provide a unique virtual real estate marketplace that allows users to buy, sell and rent metaverse land, as well as safely and securely trade real estate with NFTs. market. Real Estate for All, Latin America achieved mass adoption as a first step.ORIGIN also added Yued El Jeitani, founder of Vreal. mx, to its Advisory Board as Head of International Real Estate. Read More..

B2B Tech News | 2 years ago          

Barometers trade with significant cuts, and the Nifty is around 17,300

At 1025 IST, the barometer index, the S&P BSE Sensex, was down 822.52 points or 1.40% to 58,011.35. The Nifty hovered near the 17,300 mark. Barring th

At 1025 IST, the barometer index, the S&P BSE Sensex, was down 822.52 points or 1.40% to 58,011.35. The Nifty hovered near the 17,300 mark. Barring the FMCG index, all the other sectoral indices on the NSE were in red. Nifty IT index, Tech Mahindra down 5.23%, Infosys down 4.24%, and Mindtree down 3.87% were the top losers. Among the other losers were Wipro down 3.13%, Coforge down 3.12%, Tata Consultancy Services down 2.93%, Mphasis down 2.22%, and L&T Technology Services down 2.09%. Read More..

B2B Tech News | 2 years ago          

By end of 2023, Reliance Jios $25 billion 5G deployment, which will start in October and cover every town

Indias top telecom mobile operator, Reliance Jio, has earmarked a spending of $25 billion on the rollout of its 5G services. The company plans to debu

Indias top telecom mobile operator, Reliance Jio, has earmarked a spending of $25 billion on the rollout of its 5G services. The company plans to debut in key cities this Diwali in October, it announced at its annual general meeting. Jio will implement a standalone 5G architecture that does not build on the existing 4G network and therefore offers superior performance. It also unveiled the AirFiber, a wireless plugandplay 5G hotspot that dont require fiber cables to reach homes. Jio is working with Meta, Google, Microsoft, Intel and Qualcomm to develop 5G solutions for India.Jio Platforms is looking to offer a range of offerings including simultaneous cameraviewings for live cricket matches. Viacom18 scored the streaming rights for Indian Premier League cricket tourney with $3 billion bid. The company is also investigating 5G applications in virtual reality, augmented reality, healthcare and agriculture. Read More..

B2B Tech News | 2 years ago          



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Refresh Your Facts

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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3.  Artificial Intelligence is expected to contribute $15.7 trillion to the economy by the year 2030.
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4.  Since the launch of the popular mobile game, Candy Crush, in 2012, players have spent a total of 73 billion hours (equivalent to 8.3 million years) playing this game.
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5.  Approximately 8 billion gadgets connect on the internet every day.
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