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TECH NEWS

India is the Second Largest Market for Global Smartwatches

According to Counterpoint Global Smartwatch Model Shipment and Revenue Tracker, the global smartwatch market grew by 13% in the second quarter of 2022

According to Counterpoint Global Smartwatch Model Shipment and Revenue Tracker, the global smartwatch market grew by 13% in the second quarter of 2022. Apple maintains its lead with a market share of 29.3%, owing to strong sales and profit margins in its premium Apple Watch line. India is the secondlargest market for smartwatches, with leading manufacturers including Noise and FireBoltt. The colorful Pro 4 and Pro 4 Max smartwatches, which retail for Rs. 3,499 and Rs. 3,999, respectively, were recently released by Noise in India. Read More..

B2B Tech News | 2 years ago          

AXA Climate uses RMS HWind for US parametric insurance policies

AXA Climate will use RMS HWind analytics as a principal trigger metric for its US parametric insurance policies. This ensures clients receive rapid ac

AXA Climate will use RMS HWind analytics as a principal trigger metric for its US parametric insurance policies. This ensures clients receive rapid access to the capital following damaging winds. RMS HWind enables quick evaluation of hurricane trigger and payout conditions by producing realtime data sets for tropical cyclone events. The insurance industry can help build resilience into economies, which in turn helps reduce the protection gap, says RMS. The analytics cover the Western North Atlantic, Eastern Pacific, and Central Pacific basins, and will be used to structure parametric covers for AXA Climate clients. RMS HWind solutions are developed over more than 25 years by one of the worlds leading hurricane researchers. Read More..

B2B Tech News | 2 years ago          

Intel makes the Flex series of GPUs for data centers

Intel has unveiled its new Flex Series of highperformance graphics processing units HPC aimed at cloud workloads including gaming, AI, and the metaver

Intel has unveiled its new Flex Series of highperformance graphics processing units HPC aimed at cloud workloads including gaming, AI, and the metaverse. The chips feature a hardwarebased AV1 encoder – said to be an industry first in a data center GPU. They offer five times the media transcode throughput performance and twice the decode throughput performance of competing products. Intel has launched the Flex Series of highperformance graphics processing units HPC with support for 8K60 realtime transcoding on a dual Flex Series 140 card and up to 46 streams of 720p30 for selected game titles. The software stack uses one API and offers developers an alternative to proprietary programming models such as Nvidia Cuda. Initial products will be aimed at media delivery and Android cloud gaming workloads, followed by systems for Windows cloud gaming, AI, and VDI workloads. Read More..

B2B Tech News | 2 years ago          

French company Schneider Electric is considering acquiring UK tech giant Aveva

Aveva, which was formed as a spinout from Cambridge University in 1967, has a market capitalization of £8.4bn. Schneider Electric is already the majo

Aveva, which was formed as a spinout from Cambridge University in 1967, has a market capitalization of £8.4bn. Schneider Electric is already the majority shareholder in Aveva, with a 59% stake. The French tech giant is now considering a full takeover of the Londonlisted firm. If Aveva were to exit the London Stock Exchange as part of the acquisition, it would become the last established or promising UK tech company to avoid or exit UK public markets. Semiconductor company Arm was delisted from the London Stock Exchange in 2016 following a takeover by Japans SoftBank. Read More..

B2B Tech News | 2 years ago          

Chinas Baidu Unveils Qianshi, the Countrys First Quantum Computer

The Baidudeveloped quantum computer, dubbed Qianshi, has a 10quantumbit processor. The Beijingbased company has also developed a 36qubit quantum chip.

The Baidudeveloped quantum computer, dubbed Qianshi, has a 10quantumbit processor. The Beijingbased company has also developed a 36qubit quantum chip. Current realworld applications in the field are still very basic and limited to a small group of early clients. Governments and companies will invest around $16.4 billion in quantum development by the end of 2027. Current realworld applications in the field are still very basic and limited to a small group of early clients. The United States, China, and the European Union have launched massively funded quantum computing projects. IBM has announced that it plans to commercialize a quantum computer with a processor with more than 4,000 qubits by 2025. Read More..

B2B Tech News | 2 years ago          

Large increase in ransomware according to new Barracuda research

Barracuda has released its fourthannual threat research report on ransomware. For the past 12 months, researchers identified and analyzed 106 highly p

Barracuda has released its fourthannual threat research report on ransomware. For the past 12 months, researchers identified and analyzed 106 highly publicized ransomware attacks. The main targets are five main areas education, municipality, health, infrastructure, and finance. The volume of ransomware threats detected spiked between January and June of this year to more than 1.2 million per month. For the 106 highly publicized attacks our researchers analyzed, the dominant targets are still education 15%, municipalities 12%, healthcare 12%, and infrastructure 8%. The number of ransomware attacks in each of these five areas has increased over the years. Attacks on other industries doubled compared to last years report. Many cybercriminals target small businesses to gain access to large organizations. Read More..

B2B Tech News | 2 years ago          

Nokia and Furukawa Electric increase optical LAN deployments in Latin America

According to Nokia, optical LANs are one of the growing business services based on advanced fiber optic technology that provides very high bandwidth t

According to Nokia, optical LANs are one of the growing business services based on advanced fiber optic technology that provides very high bandwidth to support multiple critical highbandwidth and multiuse applications. Optical LANs, also known as POL, are used in commercial buildings and campuses to provide local area network connectivity and offer significant advantages over traditional copperbased solutions. These solutions offer lower power consumption, improved security, scalable deployment and a lower total cost of ownership TCO. Through this agreement, Furukawa will integrate Nokias optical network equipment into Laserways passive optical LAN solution. Due to the unlimited bandwidth of fiber, optical LANs are the most durable solution available today at 10 Gb/s, but can easily scale to 25 Gb/s by simply changing the optics. Read More..

B2B Tech News | 2 years ago          

FG will collaborate with stem cell transplant technology

To save citizens lives, the Federal Government of Nigeria plans to work with pertinent stakeholders on stem cell transplantation technology NACRASTIN.

To save citizens lives, the Federal Government of Nigeria plans to work with pertinent stakeholders on stem cell transplantation technology NACRASTIN. When the National Committee on the Research and Application of STEM CELL Transplantation Technology NACRASTIN in Nigeria paid him a courtesy visit yesterday in Abuja, the Minister of Science, Technology, and Innovation, Dr. Adeleke Mamora, made this statement. Earlier, Dr. Perry Iloegbunam, Chairman of the National Committee on the Research and Application of Stem Cell Technology NACRASTIN in Nigeria, told the Minister that the implementation of stem cell therapy in Nigeria could not only eliminate the need for expensive international medical travel but also allow all Africans, regardless of status and location, to access this revolutionary 21stcentury medical technology at affordable prices. 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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3.  Artificial Intelligence is expected to contribute $15.7 trillion to the economy by the year 2030.
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5.  Approximately 8 billion gadgets connect on the internet every day.
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