After the COVID-19 crisis took the world by surprise, global industries suffered the wrath of the pandemic on the economy. One industry, in particular, witnessed the most damaging crisis in its history. Manufacturers of graphic processing units (GPU) were exceptionally vulnerable to the economic outcomes of the pandemic, which was also catastrophically affected by the […]
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Advanced technologies such as machine learning, artificial intelligence (AI), cloud storage, and big data endorsed the financial industry’s digital transformation, allowing banks to heighten their market competition. Big data is one of the leading technologies that helped support and implement digital transformation for large-scale trading banks through storing and analyzing new and advantageous data to […]
The Missing Link in Industry 4.0’s Connectivity Chain Industry 4.0 has been well and truly explosive for the last decade, and its growth doesn’t seem to be stopping. The Global System for Mobile Communication Association (GSMA) predicts that, by 2025, there will be more than 25 billion Internet of Things (IoT) connections globally. While IoT […]
Feeling the Pinch? The rising cost of living is difficult to avoid. April 2022 saw food prices increase by 6.7 per cent, the highest petrol prices on record and inflation rise to a staggering nine per cent. As millions of customers see their mobile tariffs soar, Ross Slogrove, UK country manager at cloud calling specialist Ringover reveals […]
Mergers, acquisitions, and partnerships have been lately considerably increasing in numbers. The notably fast evolution in technology has pushed big technology companies (techcos) and most recently telecom companies (telcos) to look for avenues to spearhead the competition into adopting emerging concepts and practices. The scale of such events and the significantly large amounts spent in […]
Taiwan’s Foxconn, the world’s largest contract electronics maker, raised its full-year business outlook on Monday thanks to strong sales of smartphones and servers despite concerns of slowing demand due to rising inflation. Like other global manufacturers, the Taiwanese firm has grappled with a severe shortage of chips, which has hurt smartphone production including for its […]
Looking at societies nowadays, you will see that almost everything we do on a daily basis, be it for personal, educational, or even career purposes, is heavily intertwined with technology. This innovative approach to dealing with almost all life aspects can be simply achieved from the tranquility of any intelligent device at our disposal. The […]
Siemens has signed a partnership agreement with chip designer Nvidia Corp to create an industrial metaverse – an enhanced virtual reality for companies to reduce the costs of running their factories, buildings and speed up new product design. The deal is a cornerstone of Siemens Xcelerator, a new open digital platform also launched by the […]
Nowadays, it can be quite unfathomable to think of modern technology without somehow associating it to cloud computing. Some of the world’s biggest companies have established a cloud-based business model with a massive capacity to store data, advantaging them to optimize their processes. Data stored in the cloud backed across various sites means they are […]
With the sudden surge in online working and learning, mainly fueled by the latest health events that hit the world population, the number of internet users has increased considerably in the last few years. According to statistics by the international telecommunications union (ITU), the number of internet users increased by 9 percent between 2019 and […]