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Foreigners pay more for gas in Hungary. This is a danger to the EU war

But the moves are alienating businesses and threatening a standoff with the European Union. György Suranyi, an economist and former governor of the C

But the moves are alienating businesses and threatening a standoff with the European Union. György Suranyi, an economist and former governor of the Central Bank of Hungary, told The Associated Press. The fuel price cap has given Hungary one of the lowest fuel prices in the EU, leading to fuel tourism and increased demand resulting in late supply and shortages. Hungary also faces a growing budget deficit after spending billions on handouts ahead of the April election. Some industries, like fossil fuels and banks, are making higher profits than usual, Suranyi says. Businesses will have to bear a greater burden than normal because Hungarian families cannot afford the price. Read More..

B2B Tech News | 2 years ago          

The global RPA and Hyperautomation market is expected to grow at a compound annual growth rate CAGR of 23.1 percent from USD 9.2 billion in 2022 to USD 26.0 billion in 2027.

BFSI segment is assumed to have the largest market size during the forecast period. Most banks are increasingly adopting hyperautomation solutions to

BFSI segment is assumed to have the largest market size during the forecast period. Most banks are increasingly adopting hyperautomation solutions to increase productivity, save money and improve customer experience. The market in the Asia Pacific region is assumed to grow at the highest CAGR over the next five years. Rapid economic development, globalization, digitalization, and increased adoption of cloudbased technologies are predicted to drive the growth of the market in this region. The report includes the study of important players offering RPA and the Hyperautomation Market. The major vendors covered are IBM US, Microsoft Germany, SAP UK, Blue Prism US, and akaBot Vietnam. Indepth interviews were conducted with several primary respondents, including key industry participants and subject matter experts, to obtain and verify critical qualitative and quantitative information. Read More..

B2B Tech News | 2 years ago          

The number of cyber attacks on Ethiopia is growing

In Ethiopia, about 6,000 cyberattacks are recorded in the first 11 months of the current 2021/2022 fiscal year in Ethiopia. Prime Minister Abiy Ahmed

In Ethiopia, about 6,000 cyberattacks are recorded in the first 11 months of the current 2021/2022 fiscal year in Ethiopia. Prime Minister Abiy Ahmed has engaged in an ambitious drive to introduce cyber technology across all public and private sectors. Solomon Soka, the deputy directorgeneral of Ethiopia Information Security Agency INSA, said his agency managed to foil more than 97 percent of the cyberattack attempts, stateaffiliated Fana Broadcasting Corporate FBC reported Thursday. Read More..

B2B Tech News | 2 years ago          

Spain has exceeded its daily gas demand for electricity

On Wednesday, Spanish power plants purchased more natural gas to generate electricity than on any other day in history. Because cheaper, renewable sou

On Wednesday, Spanish power plants purchased more natural gas to generate electricity than on any other day in history. Because cheaper, renewable sources of electricity contribute less to the system, the early summer heat driving the demand for electric air conditioning. Spains benchmark gas price, which influences electricity prices, has risen 400% in the last year. Spain and Portugal have begun to temporarily subsidize the production costs of fossil fuel plants to mitigate the impact of higher gas prices on electricity bills. Enagas said that hydropower, wind, and solar generation have all decreased, partly due to a dusty haze that reduces solar panels ability to generate electricity from the sun. Read More..

B2B Tech News | 2 years ago          

Converge technology solutions acquires three education markets.

Canadian IT and cloud solutions provider Converge Technology Solutions has announced the acquisition of three German educationfocused companies for ap

Canadian IT and cloud solutions provider Converge Technology Solutions has announced the acquisition of three German educationfocused companies for approximately $ 25.9 million. These are just some of the technology M&A deals 553, 554, and 555 that ChannelE2E has covered in 2022. Converge, founded in 2017, is based in Gatineau, Quebec, and Toronto, Ontario.DEQSTERs areas of expertise include iPad accessories and digital education. IfmBs focus is education administration programs. GfdBs area of expertise is digitization, education, teacher training, and mobile devices. The acquisitions are part of Converges strategy to position itself as a leading education partner in Germany. The company has already made moves in this direction, having acquired REDNET and Visucom in the past. Read More..

B2B Tech News | 2 years ago          

South American island proposes $6 billion wind and hydrogen power plan

Argentine province Tierra del Fuego is trying to attract investments in hydrogen and ammonium. Base case targeting $6 billion of spending on wind farm

Argentine province Tierra del Fuego is trying to attract investments in hydrogen and ammonium. Base case targeting $6 billion of spending on wind farms and electrolyzers. Hydrogen fuel cells are coverted by heavy industries like steelmaking to reduce reliance on carbon. Some companies are betting hydrogen fuel cells will be a better choice than batteries for trucks and ships. Tierra del Fuego needs a new port so it can import wind turbines and export fuel. Read More..

B2B Tech News | 2 years ago          

ONMT releases the first CNT version of

Moroccos National Confederation of Tourism CNT is organizing the first edition of Travel Tech Morocco. The event will include three panels in which yo

Moroccos National Confederation of Tourism CNT is organizing the first edition of Travel Tech Morocco. The event will include three panels in which young Moroccan and international travel tech experts will share their knowledge. Moroccos National Tourism Office ONMT launched the Light Tour in Paris, London, and New York last month. The Destination Lab focuses on the role of technology in tourism marketing and promoting the travel industry. In April, the Moroccan National Tourism Federation partnered to revitalize Moroccan hospitality by promoting domestic tourism, promoting digitization efforts, and promoting the North African country as a tourist destination to provide a global market. Read More..

B2B Tech News | 2 years ago          

DataCenter Platform DataBank to be Sold for $1.2 Billion by DigitalBridge

Digital infrastructure investment firm DigitalBridge Group Inc said it would sell a 27% stake in its data center platform, DataBank. The sale to affil

Digital infrastructure investment firm DigitalBridge Group Inc said it would sell a 27% stake in its data center platform, DataBank. The sale to affiliates of Swiss Life Asset Management AG and EDF Invest for about $1.2 billion in cash. The data center industry has emerged as a hotbed of consolidation activity over the past two years. The deal is the latest in a series of acquisitions in the sector by private equity firms and infrastructure funds. Read More..

B2B Tech News | 2 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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5.  Approximately 8 billion gadgets connect on the internet every day.
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