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Megvii, a Chinese IT company, creates AI with AI.

According to a recent McKinsey report, there will be tremendous opportunities for AI to develop in new areas in China. As China uses AI as a new engin

According to a recent McKinsey report, there will be tremendous opportunities for AI to develop in new areas in China. As China uses AI as a new engine for economic development, four dragons have emerged to lead the development of domestic AI technology. Megvii is backed by ecommerce giant Alibaba and has four research and development centers in China. Chinese AI hardware and software developers have evolved into creators of intelligent ecosystems. Megvii launched Brain++, an AI productivity platform that helps businesses build their own AI capabilities and deploy custom algorithms at scale. It fully optimizes the countrys vast shipping ecosystem. Read More..

B2B Tech News | 3 years ago          

AI may transform the industrial industry in SA

South Australian manufacturers already using AI and machine learning say it has improved efficiencies, production, and quality. Theyre calling for mor

South Australian manufacturers already using AI and machine learning say it has improved efficiencies, production, and quality. Theyre calling for more State Government funding and education to increase the uptake of AI by local SME manufacturers. The chief executive of Tillit said bipartisan government support and a heavy marketing focus were needed if SA was to become a longterm player in AI. Robert Spoerne, CEO of Tindo Solar, said that computer vision has been very important since its introduction in quality control. Manufacturer Mawson Lakes produces around 280,000 solar panels annually, with capacity growing by around 60,000 annually. Computer vision can quickly identify dead solar cells before panel assembly, saving time and money. He says the State Government needs to provide better messaging about AIs benefits and more funding. Read More..

B2B Tech News | 3 years ago          

Elon Musk claims that Tesla has produced over 3 million vehicles

Tesla CEO Elon Musk tweets that Teslas Shanghai factory has made one million cars. The milestone comes after months of lockdowns and parts shortages i

Tesla CEO Elon Musk tweets that Teslas Shanghai factory has made one million cars. The milestone comes after months of lockdowns and parts shortages in China that threatened Teslas vehicle production. In July, Tesla said it delivered 254,695 vehicles in the second quarter, a 26.5% rise yearoveryear. But the milestone also highlights how small Tesla is compared to automotive giants such as Toyota. Congrats, Giga Shanghai on making the millionth car. Read More..

B2B Tech News | 3 years ago          

NEC supports Society 5.0 in Asia and uses Stratus to boost computing and storage

NEC is teaming up with Stratus in the Asia Pacific to deliver computing solutions that enable a humancentric, inclusive, and sustainable future, known

NEC is teaming up with Stratus in the Asia Pacific to deliver computing solutions that enable a humancentric, inclusive, and sustainable future, known as Society 5.0. The regional alliance will bring together Stratus ftServer and ztC Edge compute platforms with NEC expertise in backup and application redundancy. Both parties aim to strengthen joint positions as key providers of seamless, endtoend digitalization solutions across India, Indonesia, Malaysia, the Philippines, Singapore, Thailand, and Vietnam.NEC has partnered with Stratus, a global provider of faulttolerant data centers and edge computing systems, to deliver digital infrastructure solutions for enterprises in the Asia Pacific. The partnership aims to futureproof their customers in the area of digital infrastructure as part of what they call Society 5.0. Use cases include IT systems that perform payment transactions or operations technology systems at the edge that run smart factories and transportation systems. Read More..

B2B Tech News | 3 years ago          

MyGovs transition date is established by Services Australia

The old myGov platform will be replaced . Services Australia is beta testing the myGov platform from September 2021. The new platform is supported by

The old myGov platform will be replaced . Services Australia is beta testing the myGov platform from September 2021. The new platform is supported by the Government Digital Experience Platform GOVDXP, which Deloitte has been developing since early 2020. GOVDXP is expected to eventually provide citizens with a personal snapshot of their interactions with government. Deloitte and Adobe received about $75 million for their participation in the myGov upgrade. The project was funded with $200 million in Budget 2021. MyGov could be used to encourage people to get a health check and consider other important treatments, Services Australia says. The government is also continuing work on the promised myGov app, which entered closed beta testing in December 2021. Read More..

B2B Tech News | 3 years ago          

To concentrate on its asset management and custody businesses, EQONEX is streamlining its operations

EQONEX, a digital assets financial services company, announced that it is taking decisive action to streamline its operations. The Company will proact

EQONEX, a digital assets financial services company, announced that it is taking decisive action to streamline its operations. The Company will proactively exit the crowded crypto exchange space by winding the Exchange. EQONEXs Asset Management business encompasses Investment Products as well as Bletchley Park, a fund of crypto hedge funds. Digivault is in the unique position of being one of only a few digital asset custody providers to be registered with the Financial Conduct Authority in the UK. The Companys focus on regulation and governance has also been a driving feature since its inception, and it plans to continue its efforts to secure regulatory licenses for its ongoing businesses. CEO Jonathan Farnell said, We take a realistic view that our exchange will not move the needle for us financially over the neartomedium term. Read More..

B2B Tech News | 3 years ago          

Rupununi communities are testing a new health technology plan

Public health professionals can access the expertise of Georgetown physicians and other professionals through phones, laptops, and other electronic de

Public health professionals can access the expertise of Georgetown physicians and other professionals through phones, laptops, and other electronic devices. Dr. Anthony said the focus is on ensuring that all medical centers have good internet connections. Sometimes it is very difficult to develop certain skills in each institution, he admits The minister also said that the focus will be on ensuring good internet connections at all public health centers. Read More..

B2B Tech News | 3 years ago          

Amazon fined for violating Spanish labor law

The ecommerce giant has been scrutinized by local labor authorities for years over its subcontracting practices. The latest €3.2m fine follows a 202

The ecommerce giant has been scrutinized by local labor authorities for years over its subcontracting practices. The latest €3.2m fine follows a 2020 fine of more than €800,000 for labor law offenses. Amazon has been contacted for comment. Instead of more targeted labor reforms aimed at ondemand delivery platforms that use socalled gig labor instead of hiring delivery drivers, Amazons practice is challenged by its broader bill of workers rights. Policy and enforcement issues related to employment practices that can lead to precarious employment conditions that expose workers to conditions and benefits inferior to those of direct employment. 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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