Japanese tech giant NEC buys Swiss Avaloq, Europe’s largest banking software developer, for 2.05 billion Swiss francs ($2.2 billion), the company said in a statement issued on Monday. “NEC will be placing great importance on building long-term relationships with Avaloq and its customers and aims to create new solutions that combine Avaloq’s software with NEC’s […]
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“A start-up the size of a country,” is how Saudi Arabia’s futuristic mega-city Neom is being described by Saudi officials, investors, contractors and the like. The city will take up a whopping 10,000 square miles of rocky desert and empty coastline in the country’s remote northwest Tabuk province, where the kingdom will look to attract […]
Based on your many years of experience in the subsea cable industry, what are some of the most prevalent trends? What disruptive trends might affect your operations in the future? The industry has seen a move away from Carrier Consortia towards smaller private consortium models, with one or two carriers. A number of ‘traditional’ system […]
China has been working seriously on including 5G initiatives as part of the aviation infrastructures. “Digitalization is a new value-growth point of the whole aviation industry”, said Xu Jun, vice president of Asia-Pacific OEMs of Honeywell Aerospace, according to Xinhuanet. On August 24, 2020, The Shanghai Airport Authority signed an agreement with Shanghai branches of […]
Amid the Covid-19 pandemic, Cybersecurity attacks in India may have increased by 500% according to Pavan Duggal, a Supreme Court and Cyber Law expert. Cyber threats have potential impacts on Indian society, economy, and development. The introduction of a new cybersecurity strategy is crucial for India, considered home to the second-largest internet user base. “Threats […]
Kian Gould is the CEO and Founder of AOE and is responsible for strategy, vision and growth of the company since 1999. AOE develops digital business, E-Commerce and marketplace solutions based on open source technologies. Gould is a regular speaker at many global conferences, and a well-known expert in global E-Commerce, telecommunication, airport digitalization and […]
NEW YORK (AP) — President Donald Trump said he will take action as soon as Saturday to ban TikTok, a popular Chinese-owned video app that has been a source of national security and censorship concerns. Trump’s comments came after published reports that the administration is planning to order China’s ByteDance to sell TikTok. There were […]
Finding a vaccine is only half the battle; global supply chains and pharmaceutical logistics face many unprecedented challenges amid the pandemic. A logistical supply system capable of overcoming distribution pitfalls needs to be robust, sturdy, innovative, smart, interconnected, and transparent. In regard to the global supply networks, The World Economic Forum said, “Governments, businesses and […]
New technology investments are expected to enhance corporate performance and wellness as employees increasingly Work From Anywhere While 95% of business leaders are comfortable with employees working remote, 69% said they were not completely prepared to support extensive remote work at the start of the COVID-19 outbreak Businesses expect a nearly 50% increase in employees […]
The US Commerce Department declared on June 14, 2020, that it would amend its prohibitions on US companies’ business with Huawei. However, the Chinese tech giant – long considered a cybersecurity threat to the US and its allies – has been officially banned from doing business with American companies. On June 30, 2020, the Federal […]