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Romanias BittNet Group recorded a net loss in the first half of the year

For the first half of 2022, Romanian IT company Bittnet reported a net loss of 557,529 lei $114,390 or 114,402 euros. In the first half of the year, o

For the first half of 2022, Romanian IT company Bittnet reported a net loss of 557,529 lei $114,390 or 114,402 euros. In the first half of the year, operating profit increased by a factor of three on the year to 3.6 million lei. At 1024 CET on Monday, Bittnet shares were down 2.26% at 0.3030 lei per share. In 2007, the IT solutions and training group were established. Bittnet Group purchased IT&C integrators Toptech and 2Net in the first half of the year. 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          

Startups and businesses offering safe technology solutions

The government is successfully bringing the revolution to the people through the Digital India project. Indian Prime Minister Narendra Modi has said t

The government is successfully bringing the revolution to the people through the Digital India project. Indian Prime Minister Narendra Modi has said that Indias tech date has arrived here with 5G technology and massive development of chip manufacturing. ArĂȘte is changing the way businesses and government agencies manage cyber risk with proven incident response, technologydriven services and powerful data analytics. SCS Tech specializes in designing, developing and implementing optimal security solutions according to customer needs. Red Sift is a datadriven cybersecurity company that uses machine learning to help companies with everyday security challenges. Sequretek has successfully protected the IT assets of more than 100 customers in banking, financial services, insurance, manufacturing, pharmaceuticals, services, retail and logistics. Read More..

B2B Tech News | 2 years ago          

Technology drives the healthcare chain in Africa

Pharmacists often need to understand supply chain planning, including minimum order quantities, demand signals, inventory planning, and management. Ac

Pharmacists often need to understand supply chain planning, including minimum order quantities, demand signals, inventory planning, and management. Accepting these pharmacist responsibilities and duties can lead to discharge and lifethreatening shortages. David CreweBrown, CEO of Vitalliance, highlighted the challenges facing healthcare chains in developing African countries. He shared inspiring examples from Malawi and Rwanda where technology solutions are solving some problems, helping pharmacists, and improving skills. He emphasized the importance of choosing the right tools and choosing them at the right time a shift to using advanced tools throughout the process. Read More..

B2B Tech News | 2 years ago          

Jio and Meta have introduced grocery shopping via WhatsApp in India

The launch follows Meta and JioMart who began testing integration with select users two years ago. The ecommerce venture is the $221 billion Indian co

The launch follows Meta and JioMart who began testing integration with select users two years ago. The ecommerce venture is the $221 billion Indian conglomerates attempt at taking on Amazon and Flipkart in India. Jio also announced it will be spending $25 billion to debut 5G services in the country in October this year. Indian billionaire Mukesh Ambani has said he shares Facebook founder Mark Zuckerbergs vision of bringing more people and businesses online. One example of an innovative customer experience is the firstever endtoend shopping experience with JioMart on WhatsApp. We have to collectively launch a new movement against political colonization of India, Ambani said. Read More..

B2B Tech News | 2 years ago          

Shares of Syrma SGS Technology extend gains on second day despite weak markets

On Monday, Syrma SGS Technology shares increased their gains for the second straight day. The stocks rallied more than 7% to 342 apiece on the BSE in

On Monday, Syrma SGS Technology shares increased their gains for the second straight day. The stocks rallied more than 7% to 342 apiece on the BSE in Mondays early session even as the benchmark Sensex was down nearly 80% points, or over a percent. The companys successful listing can be attributed to strong market conditions and promising futures. Engineering and design firm Syrma SGS Technology, founded in 2004, is based in Chennai and provides turnkey Electronics Manufacturing Services EMS. According to Santosh Meena, Head of Research at Swastika Investment Ltd., the companys geographically diverse manufacturing locations and business model, which starts with product concept design and focuses on Each segment of the entire industry value chain provides a competitive advantage over other players. Read More..

B2B Tech News | 2 years ago          

Japanbased Animoca Brands raised $45 million at a $500 million valuation for NFT Push

The parent company, Animoca Brands, MUFG Bank of TokyoMitsubishi, and UFJ Bank each contributed onehalf of the investment. Japan, which levies a 30% c

The parent company, Animoca Brands, MUFG Bank of TokyoMitsubishi, and UFJ Bank each contributed onehalf of the investment. Japan, which levies a 30% corporate tax on cryptocurrency holdings profits, is not the most cryptofriendly nation. For NFT services looking for IPs, Japan is still a good place to be because of its anime, manga, video games, movies, and musicians. In July, the worlds largest bank, Sumitomo Mitsui Banking Corp., announced plans to establish a Token Business Lab that will offer advice to institutional clients interested in NFT applications and receive technical assistance from blockchain startup HashPort. Read More..

B2B Tech News | 2 years ago          

ASIC is calling for significant changes in IT, data and culture

According to the review, ASIC needs to significantly improve its IT and data capabilities. Only 34% of the workforce thinks the regulator has the righ

According to the review, ASIC needs to significantly improve its IT and data capabilities. Only 34% of the workforce thinks the regulator has the right technology to recognize and prioritize threats, harms, opportunities, and innovations. Internal thinking is mostly shortterm, according to a review, and new technology systems are created and implemented without the support of leadership or staff. According to a review by the Financial Regulation Authority, only 22% of employees agreed that surveillance activities are supported by an easytouse information management system FRAA. 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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3.  Artificial Intelligence is expected to contribute $15.7 trillion to the economy by the year 2030.
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