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TECH NEWS

Regional tech giants gather in KL for Wild Digital Southeast Asia 2022

The global robotic vacuum cleaner market is expected to grow from 5.59 billion US$ in 2021 to 6.83 billion US$ in 2026 with a CAGR of 6.9%. AsiaPacifi

The global robotic vacuum cleaner market is expected to grow from 5.59 billion US$ in 2021 to 6.83 billion US$ in 2026 with a CAGR of 6.9%. AsiaPacific was the largest region in the robotic vacuum cleaner market in 2021. North America, Europe, South America, Middle East and Africa are covered in the report. Increasing investment in the development of new technologies for robot vacuum cleaners is contributing to the growth of the market. Robot vacuums are expensive, making potential consumers think twice about investing in them. In 2019, iRobots recently launched Roombas robot vacuums are extremely expensive in the United States. These factors are expected to have a negative impact on the robotic vacuum cleaner market. Increasing investments and government support are helping the market grow. Read More..

B2B Tech News | 3 years ago          

AMP digital portal attracts 900 additional brokers

AMP Banks MyPortView chat function allows brokers to hold instant conversations with customers and cut out wait times. Data found that brokers are 50

AMP Banks MyPortView chat function allows brokers to hold instant conversations with customers and cut out wait times. Data found that brokers are 50 percent more likely to work with lenders with digital tools that can limit time to yes approval times in mortgages. AMP Banks complete retail digital mortgage offering is currently underway in a controlled launch and set for public launch later this year. He said improving approval times for mortgages is critically important with plans now to switch focus to the existing customer experience. Read More..

B2B Tech News | 3 years ago          

Cropin, an agricultural technology firm, debuts its cloud platform to digitalize the agriculture sector

Cropin announced the launch of Cropin Cloud, a cloud platform with integrated apps. The company claims the worlds largest crop knowledge graph of more

Cropin announced the launch of Cropin Cloud, a cloud platform with integrated apps. The company claims the worlds largest crop knowledge graph of more than 500 crops and 10,000 varieties. Its products are live in 92 countries, it is partnered with over 250 B2B customers and has digitized 26 million acres of farmland. Backed by investors including the Bill and Melinda Gates Foundation and CDC Group, the company was founded in 2010. Cropin is in the process of fundraising for its Series D round, and aims to raise investments in the range of $50 million to $75 million in the next six months.Bill and Melinda Gates Foundations Strategic Investment Fund and CDC Group are among the companys investors.Cropin has also provided information on weather, crop management, pest and disease forecasting, nutrient management, and soil and water management practices to the World Bank and the Government of India. Read More..

B2B Tech News | 3 years ago          

NBN Co seeks to create a digital twin

NBN Co has made it clear that it intends to build a digital twin of its network, hiring two people specifically for this effort. The function will be

NBN Co has made it clear that it intends to build a digital twin of its network, hiring two people specifically for this effort. The function will be based in a lab within the NBN Chief Technology Office. Digital twins, virtual replicas of the physical world, have become popular ways to simulate the production impact of new ideas or systems.The company has been investigating digital twin technology since 2019. It is one of the most significant trends when building digital reliance in a 2021 digital reliance white paper. Other backers include Defence, Airservices Australia, Endeavour Energy, Australia Post, Victorian and NSW state governments, and more. Read More..

B2B Tech News | 3 years ago          

The top vendors and products in financial technology fintech worldwide

BS Intelligence has revealed the 2022 edition of its highly anticipated list of top banking technology suppliers. The annual Sales League Table by IBS

BS Intelligence has revealed the 2022 edition of its highly anticipated list of top banking technology suppliers. The annual Sales League Table by IBS Intelligence sheds light on the worlds most popular and utilize fintech solutions. This years edition assessed the purchases made by over 1,000 banks across 250+ products from 60 suppliers across the Americas, Europe, the Middle East, Africa, Asia Pacific, and Oceania. IBS Intelligence is a UKheadquartered, international consultancy with deep expertise in strategy and organization services for financial services clients. Read More..

B2B Tech News | 3 years ago          

India will develop and build a reusable rocket for the world market ISRO

India intends to create a brandnew, reusable rocket for the international market. Right now, it costs around USD 10,000 to launch a onekilogram payloa

India intends to create a brandnew, reusable rocket for the international market. Right now, it costs around USD 10,000 to launch a onekilogram payload into orbit. Somanath from ISRO We need to lower it to USD 5,000 or even USD 1,000 per kg. According to S. Somanath, secretary of the Department of Space and head of the Indian Space Research Organization ISRO, all of us want launches to be much cheaper than what we do today. Read More..

B2B Tech News | 3 years ago          

RBA wants to strengthen data analysis and technological services.

The Reserve Bank of Australia has announced plans to make its technology services more resilient and make better use of the data it holds. The report

The Reserve Bank of Australia has announced plans to make its technology services more resilient and make better use of the data it holds. The report notes that maintaining key system resilience is a strategic focus area. A refresh to its strategic platforms and tools for storing and analyzing data will take place alongside migrating data from legacy systems. The RBA will work with the treasury to apply payment system regulatory reforms. It also intends to conduct research with external partners on use cases for CBDC central bank digital currencies and evaluate the case for issuing CBDC. Read More..

B2B Tech News | 3 years ago          

Digital Banking and Insurtech is one of the fastest growing fintech sectors in Latin America.

Between 2017 and 2021, the number of fintech companies in the region will more than double. Nubank has more than 48 million customers in Latin America

Between 2017 and 2021, the number of fintech companies in the region will more than double. Nubank has more than 48 million customers in Latin America and is today the largest digital banking company in the United States. Last year, it raised $2.6 billion in an initial public offering IPO, making it the most valuable publicly traded bank in LatAm, with a market capitalization of more than $40 billion. Digital banking firms in Latin America have raised more, on average, than the rest of the fintech firms across sectors. Read More..

B2B Tech News | 3 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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