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Syrma SGS Technology IPO opens today should you subscribe?

On August 26, Syrma SGS Technology shares will make their market debut. The Chennaibased business offers services for electronic manufacturing. Throug

On August 26, Syrma SGS Technology shares will make their market debut. The Chennaibased business offers services for electronic manufacturing. Through the preIPO placement of 3.8 million shares at a price of Rs 290 each, it has already raised Rs 110 crore. At the upper end of the price range, a retail investor must invest a minimum of Rs 14,960 per lot. The stock is valued at Rs 220, or 50.7 times its FY22 EPS of Rs 4.34 based on fully diluted postissue equity. Read More..

B2B Tech News | 3 years ago          

Chinese Internet of Things technology presents a new threat to the West

The Internet of Things IoT has evolved from large industrial applications to ubiquitous use in homes, offices, and even some vehicles. These connected

The Internet of Things IoT has evolved from large industrial applications to ubiquitous use in homes, offices, and even some vehicles. These connected functions are enabled by tiny cellular IoT modules which can be used by a hostile state to influence, pressure, or threaten an adversary, company, or individual. Unlike semiconductors or 5G base stations, they are rarely marketed as complete products, which explains why the risk appears to have been lost on London and Washington. Hikvision and Dahua cameras are used in concentration camps throughout the Uyghur region of China. The two companies have contracts worth at least $1.2 billion for 11 separate largescale monitoring projects in the region. UKs Commissioner for the Retention and Use of Biometric Material and Surveillance Camera Commissioner welcomed the UKs move to replace the Chinese surveillance system. Read More..

B2B Tech News | 3 years ago          

BOM purchases an HPE disaster recovery system for $49 million.

The Bureau of Meteorology has bought a new $49.3 million supercomputer from Hewlett Packard Enterprise HPE to supplement its existing Cray XC40 superc

The Bureau of Meteorology has bought a new $49.3 million supercomputer from Hewlett Packard Enterprise HPE to supplement its existing Cray XC40 supercomputer. BOM began using the Cray in June 2016 to improve its weather modeling capability compared to a former Oracle/Sunbased HPC system. A midterm upgrade of the hardware will double the computing and storage capacity of the bureaus existing HPC by 2020. The Australian Bureau of Meteorology has awarded Hewlett Packard Enterprise a contract to continue to support its HighPerformance Computing HPC system, Australis, until the end of June 2025. The contract was worth $12 million when it was signed in 2012 but has been cut to just $25,276 after an amendment. Read More..

B2B Tech News | 3 years ago          

Flo by Saada is acquired by Kenyan conversational ecommerce startup Elloe.

Elloe is a firstofitskind AIpowered conversational commerce platform that enables SMEs to buy and sell products online on any messaging platform. Ello

Elloe is a firstofitskind AIpowered conversational commerce platform that enables SMEs to buy and sell products online on any messaging platform. Ello, founded by Owen Sagawa, raised $1 million in April. Clients include Telkom Kenya, Quick Bus, Oxfam, as well as retail, entertainment, hospitality and travel clients. Launched in 2019 by Gerishon Mwaniki, Flo by Saada enables SMEs to create conversational business solutions using USSD, Programmable SMS, Voice Control IVR and WhatsApp Business to Pay. Read More..

B2B Tech News | 3 years ago          

Europe spends 20% on biometric technology

IDC expects corporate spending on this technology in Europe to reach $3.3 billion this year. This amount will reach $6.1 billion by 2026. You may also

IDC expects corporate spending on this technology in Europe to reach $3.3 billion this year. This amount will reach $6.1 billion by 2026. You may also like The emergence of the hybrid model a mix of telecommuting and facetoface care requires European companies to improve the employee experience and improve their productivity everywhere. It is truly global. According to the European Human Growth Forecast 20212026 report compiled by the analysis firm IDC, European companies will spend 3.3 billion USD by 2022, according to a study that shows that in the office will encourage organizations to invest more in biometric technology solutions. to do this. 20% more biometric data than in 2021. Fingerprint, facial, and voice recognition technologies remain the most common forms of authentication and identification. Read More..

B2B Tech News | 3 years ago          

Health technology startups in Germany are driving innovation

The healthcare/life sciences HCD industry is a focus for the EU and Germany. Ada Health is a digital health company that uses an AIpowered platform to

The healthcare/life sciences HCD industry is a focus for the EU and Germany. Ada Health is a digital health company that uses an AIpowered platform to diagnose symptoms and provide treatment recommendations. Cara Care has already helped more than 700,000 patients worldwide with softwarebased medical devices. Mica helps patients with chronic digestive conditions live better lives with supplementbased therapy. Gandolf Finke and Jan Rao founded Mica in Berlin, Germany. Mika is a digital platform that empowers people with cancer. Avi Medical uses datadriven medicine to provide an efficient and modern experience for patients and healthcare professionals. FORMEL Skin offers effective medical and scientific solutions. Read More..

B2B Tech News | 3 years ago          

The $95M financing at AI pharma company Insilico is powered by Aramcos Prosperity7

Insilico has raised $35 million on the heels of its last tranche in June. Prosperity7, the venture capital arm of Saudi Arabias state oil company Aram

Insilico has raised $35 million on the heels of its last tranche in June. Prosperity7, the venture capital arm of Saudi Arabias state oil company Aramco, led the investment. The new round was oversubscribed, CEO Alex Zhavoronkov told TechCrunch. The firms R&D and drug discovery operations are largely done in China, with manufacturing in the U.S.The firm uses machine learning to identify potential drug targets and eventually create the drug. Other investors include Warburg Pincus, B Capital Group, and other financial and strategic investors. The firms new dualCEO structure allows it to focus on both its drug discovery and AI platform. Read More..

B2B Tech News | 3 years ago          

Reddit introduces a new cryptocurrency payment method with Community Points

The Reddit Community Score is a measure of your reputation within the community of users. The platform works with the popular FTX cryptocurrency excha

The Reddit Community Score is a measure of your reputation within the community of users. The platform works with the popular FTX cryptocurrency exchange to unlock new benefits of working with cryptocurrencies. Community Points allow you to create special memberships in your community that can be purchased by users who have points.Users will also be able to embed GIFs, add animated Emojis, and run weighted polls.The more points someone earns, the more weight their vote carries, according to the company behind the project, FTX. Community Points can also be sent to any Redditor with a crypto Vault, or Reddit user with a Reddit address. 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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