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Deel, a B2B electronics platform from B.TECH, is launched to help the retail industry go digital.

The allinone app deel is developed by B.TECH and aims to create a digital retail platform that aims to empower local sellers. Deel offers over 100,000

The allinone app deel is developed by B.TECH and aims to create a digital retail platform that aims to empower local sellers. Deel offers over 100,000 SKUs at wholesale prices from over 50 companies including Samsung, LG, Xiaomi, Fresh, Kiriazi and Beko. As part of Egypts digital transformation and financial inclusion strategy, deel is introducing a wide range of electronic payment solutions. Deel is a multichannel platform that aims to help local merchants grow their business while addressing critical bottlenecks facing the local retail sector. This platform is designed to meet the needs of retailers and fill the gap that exists in the B2B industry.According to a report published by CAPMAS, in April 2022, there are 3.653 million SMEs registered in Egypt, and 9.7 million employees receive about £119.2 billion in wages. A deep committee, consisting of B.Tech, LG, Siomi and Samsung, took place at the end of publication. Read More..

B2B Tech News | 2 years ago          

Buynowpaylater companies are moving from Gen Z buyers to businesses

Businesses payments are being targeted by buyingnowpaylater companies as the next industry primed for disruption. Startups like Billie, Mondu, Tranch,

Businesses payments are being targeted by buyingnowpaylater companies as the next industry primed for disruption. Startups like Billie, Mondu, Tranch, and Tillit are all supplying businesses with BNPL solutions. Longstanding lenders like Barclays and HSBC continue to rule the market. Sequoiabacked The most recent B2B BNPL startups to enter the trade finance market are Billie and Mondu. The Berlinbased companys last funding round resulted in a valuation of $640 million. In 2021, 200 billion euros worth of ecommerce transactions were completed in Germany alone. Read More..

B2B Tech News | 2 years ago          

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 | 2 years ago          

Car manufacturing is changing how South Africa can regulate to protect workers and jobs

The ongoing industrial revolution is characterized by new work practices, production methods, and technological advancements. Employers in the automot

The ongoing industrial revolution is characterized by new work practices, production methods, and technological advancements. Employers in the automotive assembly sector increased capital expenditures or investments in new production technology after South Africas first democratic elections in 1994, but they also reduced their direct employment. Direct employment in South Africas automotive component manufacturing industry increased from 60,000 workers in 1995 to 80,000 in 2019. However, despite having fewer workers, the assembly sector still produced more cars annually. This demonstrates its capacity to create jobs, which must be maximized in terms of policy direction. Read More..

B2B Tech News | 2 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 | 2 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 | 2 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 | 2 years ago          

Alvotech to Report First Six Months and Second Quarter 2022 Financial Results on August 31, 2022 and Host Business Update Conference Call at 800 am ET on September 1, 2022

Alvotech is a global biotech company NASDAQ ALVO that specializes in the development and production of biosimilar medicines for patients all over the

Alvotech is a global biotech company NASDAQ ALVO that specializes in the development and production of biosimilar medicines for patients all over the world. Following the close of the U.S. stock market on August 31, 2022, Alvotech will announce its financial results for the first half and second quarter of 2022. On September 1, 2022, at 800 am ET, the company will hold a conference call and live webcast to provide an update on its business noon GMT. 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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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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