Business Tech - Tech Insight https://techinsight.net Our mission is to keep you informed about the latest developments, trends, and breakthroughs in the tech world, from cutting-edge gadgets and groundbreaking software innovations to cybersecurity and artificial intelligence advancements. Tue, 26 Sep 2023 13:19:27 +0000 en-US hourly 1 https://techinsight.net/wp-content/uploads/sites/7/2023/06/cropped-tech-insight-favicon.fw_-1-32x32.png Business Tech - Tech Insight https://techinsight.net 32 32 MIT’s Quadruple Triumph: 2023 R&D 100 Awards https://techinsight.net/research/mits-quadruple-triumph-2023-rd-100-awards/ https://techinsight.net/research/mits-quadruple-triumph-2023-rd-100-awards/#respond Tue, 26 Sep 2023 13:19:27 +0000 https://techinsight.net/?p=15964 MIT’s Lincoln Lab Secures Four R&D 100 Awards in 2023 MIT’s (Massachusetts Institute of Technology) Lincoln Laboratory has received four prestigious R&D 100 Awards in 2023, solidifying its reputation as a hub for cutting-edge innovation. These awards recognize the top 100 innovations deployed or made available for commercial use within the past year. MIT’s Lincoln […]

The post MIT’s Quadruple Triumph: 2023 R&D 100 Awards first appeared on Tech Insight.

]]>
MIT’s Lincoln Lab Secures Four R&D 100 Awards in 2023

MIT’s (Massachusetts Institute of Technology) Lincoln Laboratory has received four prestigious R&D 100 Awards in 2023, solidifying its reputation as a hub for cutting-edge innovation. These awards recognize the top 100 innovations deployed or made available for commercial use within the past year. MIT’s Lincoln Laboratory has proven its commitment to advancing technology with these groundbreaking creations.

Lab Director Commends Achievements

Eric Evans, the Director of Lincoln Laboratory, expressed immense pride in the institution’s accomplishments, highlighting its unwavering dedication to innovation.

“The technology transition rate remains very high for both our classified and unclassified programs. The successful technology development and transition at the laboratory are profoundly changing the world. Well done to all the teams involved,” said Evans.

MIT’s Noncontact Laser Ultrasound (NCLUS)

Among the award-winning innovations is the Noncontact Laser Ultrasound (NCLUS), a revolutionary non-contact ultrasound system. This technology has the potential to disrupt the field of medical imaging by enabling ultrasound imaging outside the traditional hospital setting.

Air Force Scheduling Revolution

MIT’s Puckboard, a web-based application powered by artificial intelligence, has transformed flight crew scheduling for the U.S. Air Force. This intelligent tool provides optimal scheduling recommendations, allowing crew members to focus more on their primary duties.

Securing Data on Uncrewed Platforms

The Security/Cyber Module (SCM) End Cryptographic Unit (ECU), a compact device designed to ensure the security of uncrewed systems, is another noteworthy innovation. As uncrewed systems continue to play a crucial role in the military, tools like the SCM/ECU become invaluable for data protection.

Scalable, Photonic Memory for Quantum Networking

Lincoln Laboratory’s groundbreaking work on developing the first scalable, photonic memory for quantum networking has earned it another R&D 100 Award. This innovative memory enhances quantum information processing capabilities, paving the way for further advancements in this field.

In addition to these four award-winning technologies, Lincoln Laboratory also had five other innovations named as finalists for the R&D 100 Awards. The achievements will be celebrated on November 16, 2023, in San Diego, California.

Conclusion

MIT’s Lincoln Laboratory continues to lead the way in technological advancements, as evidenced by its multiple awards and recognitions. The laboratory’s ongoing commitment to bringing revolutionary products to the market bodes well for the future of technology. We eagerly anticipate more groundbreaking inventions and progress in this dynamic field. Share your thoughts in the comments below.

Stay updated with TechInsight on tech and AI’s latest news.

The post MIT’s Quadruple Triumph: 2023 R&D 100 Awards first appeared on Tech Insight.

]]>
https://techinsight.net/research/mits-quadruple-triumph-2023-rd-100-awards/feed/ 0
Mastering Multicloud Communication for Regulated Industry Workloads via IBM Cloud https://techinsight.net/cloud-edge/cloud/mastering-multicloud-communication-for-regulated-industry-workloads-via-ibm-cloud/ https://techinsight.net/cloud-edge/cloud/mastering-multicloud-communication-for-regulated-industry-workloads-via-ibm-cloud/#respond Mon, 18 Sep 2023 09:49:09 +0000 https://techinsight.net/?p=15908 Unraveling Multicloud Connectivity for Regulated Workloads on IBM Cloud Modernization and migration of enterprise workloads to IBM Cloud frequently necessitate parts of their services to run on various other cloud networks. This practice poses a technical challenge for secure and reliable connectivity, especially in regulated sectors such as banking, insurance, and healthcare. This blog aims […]

The post Mastering Multicloud Communication for Regulated Industry Workloads via IBM Cloud first appeared on Tech Insight.

]]>
Unraveling Multicloud Connectivity for Regulated Workloads on IBM Cloud

Modernization and migration of enterprise workloads to IBM Cloud frequently necessitate parts of their services to run on various other cloud networks. This practice poses a technical challenge for secure and reliable connectivity, especially in regulated sectors such as banking, insurance, and healthcare. This blog aims to iron out common questions, providing essential insight for connecting IBM’s application workloads to multiple clouds.

Understanding the Distribution of Workload across Multiple Clouds

Regulated enterprises manage intricate processes that often demand a blend of specialized services or applications not native to the same cloud. Companies depend on managed service providers operating on a centralized cloud that required dispersed resources to cater to varying regulatory requirements, risk of vendor lock-in, and to prevent outages.

A Look at Typical Workloads Demanding Multicloud Connectivity

The workloads necessitating multicloud interaction mainly fall into categories like application data exchange, batch data transfer, administration access, monitoring and tooling data transfer, and data replication.

Connecting IBM Cloud Regulated Workloads to Other Clouds

Enterprises working with IBM Cloud often follow the VPC-based reference architecture from IBM Cloud for Financial Services. Businesses can facilitate secure connections between their Virtual Private Clouds (VPCs) and other clouds or networks using services such as IBM’s Site-to-Site VPN, Direct Link Connect, and Direct Link Dedicated.

Exploring Various Modes of Multicloud Connectivity

The three primary methods for establishing connectivity between workloads running across different cloud providers are over the public internet, through connectivity partner networks, and direct connectivity at data center facilities. The selection of the correct method aligns with an enterprise’s long-term strategic objectives and technical requirements.

To conclude, regulated business entities have multiple options to secure the connectivity of their multicloud workloads across diverse cloud platforms and on-premises networks. Provided with a variety of offerings matching their specific needs, businesses can pick the best solution for establishing their connections.

Engage in the comments below to share your insights or ask any questions. We value your perspective and look forward to a knowledge-exchange community!

Learn more about how to navigate multicloud connectivity for regulated enterprise workloads on the IBM Cloud for Financial Services platform.

 

The post Mastering Multicloud Communication for Regulated Industry Workloads via IBM Cloud first appeared on Tech Insight.

]]>
https://techinsight.net/cloud-edge/cloud/mastering-multicloud-communication-for-regulated-industry-workloads-via-ibm-cloud/feed/ 0
US Government To Block Investment In Chinese Tech Industry https://techinsight.net/regulation/us-government-to-block-investment-in-chinese-tech-industry/ https://techinsight.net/regulation/us-government-to-block-investment-in-chinese-tech-industry/#respond Fri, 11 Aug 2023 14:51:54 +0000 https://techinsight.net/?p=15340 For a little while now the U.S government has been growing suspicious of the Chinese tech industry. After the grilling of TikTok’s CEO in congress followed by a proposal of restrictions on China’s cloud sector, Biden now seeks to entirely ban American investment in the Chinese tech industry. So how did we get here and […]

The post US Government To Block Investment In Chinese Tech Industry first appeared on Tech Insight.

]]>
For a little while now the U.S government has been growing suspicious of the Chinese tech industry. After the grilling of TikTok’s CEO in congress followed by a proposal of restrictions on China’s cloud sector, Biden now seeks to entirely ban American investment in the Chinese tech industry. So how did we get here and why does the U.S government feel these actions are justified? 

American Investors To Report Investments In Chinese Tech Industry

The US government will call for American companies to report the investments they make in the Chinese tech industry, banning such investments in some cases. This will give the government unprecedented power to screen foreign deals made even by private companies. While some worry they may be overstepping, the government has said the measure would be enacted sensitively. 

This move is the latest update in the increasingly tense relationship between the two countries. According to the BBC, Chinese officials have said they are “very disappointed” by the decision. Liu Pengyu, a spokesperson for the Chinese embassy in Washington lamented that the US has continuously escalated suppression and restrictions on China”. 

Biden had made this decision as part of a wider policy to restrict American investment in companies from “countries of concern” working within quantum computing, advanced semiconductors and sub-sectors of AI. 

The rules won’t come into effect immediately. We’re still awaiting a period of public comment where the boundaries of the proposed policy should become clearer. Officials have said the measure is a “national security action, not an economic one”. 

Conclusion 

While the US government may see this as a necessary defensive move in what is becoming an increasingly antagonistic international relationship, investors and business leaders worry about this new expansion of government oversight. Do you think this decision is worth the economic price? Or does it not go far enough? 

The post US Government To Block Investment In Chinese Tech Industry first appeared on Tech Insight.

]]>
https://techinsight.net/regulation/us-government-to-block-investment-in-chinese-tech-industry/feed/ 0
Go:Tech Awards 2023 Winners Foster Inclusivity https://techinsight.net/breaking-news/gotech-awards-2023-winners-foster-inclusivity/ https://techinsight.net/breaking-news/gotech-awards-2023-winners-foster-inclusivity/#respond Mon, 17 Jul 2023 15:12:33 +0000 https://techinsight.net/?p=14463 Accessibility and inclusivity was the order of the day at the 2023 Go:Tech Awards. Seeing Speechmatics and Carescribe go home as winners for their equitable innovations. Stick around to hear about how Speechmatics are using AI to reduce bias in speech recognition and Carescribe are breaking down barriers for the disabled. Carescribe Using Tech To […]

The post Go:Tech Awards 2023 Winners Foster Inclusivity first appeared on Tech Insight.

]]>
Accessibility and inclusivity was the order of the day at the 2023 Go:Tech Awards. Seeing Speechmatics and Carescribe go home as winners for their equitable innovations. Stick around to hear about how Speechmatics are using AI to reduce bias in speech recognition and Carescribe are breaking down barriers for the disabled.

Carescribe Using Tech To Create Independence 

Carescribe won the ‘Most Innovative Use of Software or Cloud Technology’ award for its work with assistive technology to change lives. The company was launched in 2020 by 3 neurodivergent founders and “levels the playing field for people with disabilities and enables users to be more independent in their studies and at work”. They’ve seen 100% year-on-year growth. 

Managing Director Chris Purcell spoke to Go:Tech Awards about the shocking fact that only 54% of disabled people are employed. This, he says, is due to a vast number of roadblocks stopping people from fully participating in work and school. 

He says… 

“The raison d’etre for CareScribe is to remove the barriers facing people in full-time education and the workplace and to enable them to study and work independently.” 

It’s so important that Carescribe is led by neurodivergent founders who understand how to make work and school accessible. Tech companies can use their powerful resources to strive for a more accessible, inclusive and positive future. Carescribe is testament to this. 

Speechmatics’s AI Inclusivity

The speech recognition company Speechmatics, have created a host of brand new self-supervised speech algorithms, leading the sector as the first commercial engine of its kind. As the winner of the AI/Machine Learning category, Speechmatics caught the judges attention with its AI transcription service. They recently secured an investment of $62m.

Technology used by Speechmatics has been trained on 1.1 million hours of audio to properly represent all kinds of voices and minimise bias and errors, which are common in transcription services. 

A spokesman for Speechmatics told Business Leader

“Speechmatics’ self-supervised speech algorithms mean we no longer rely on ‘labelled’ data – all available data representing all voices ‘counts’. By using this type of machine learning we can help correct the discrepancies and inequalities found in speech technology. No longer will speech technology only ‘hear’ those voices most favoured in labelled datasets.”

The company stresses the importance of inclusivity in speech recognition engines and how they are working to reduce bias in this area. It’s great to see a company using this new technology to bring about positive change. 

The Go:Tech Awards 2023 Winners…

  • Speechmatics – AI/Machine Learning Award
  • Calvium – Best Mobile Technology Award
  • Octopus Energy – Best Use of Big Data
  • AruVR – Best Use of VR/AR Award
  • Loadsure – Fintech Business of the Year
  • Limbs and Things – Healthtech Business of the Year
  • Lloyd’s Lab – Incubator or Accelerator of the Year 
  • Enhanced – IT/Telecoms Support Award
  • Carescribe, Most Innovative Use of Software or Cloud Technology 
  • Octopus Energy – Sustainable Tech Business Award
  • TLT LLP – Tech Dealmaker of the Year 
  • Julian Thomas, Racelogic – Tech Entrepreneur of the Year
  • Advanced Infrastructure – Tech Start-Up Business Award 

Summary 

This year’s Go:Tech Awards recognised the groundbreaking work of companies from all areas of the technology sector. Carescribe and Speechmatics were praised for creating a more equitable industry and society at large. Do you think tech can change the world?

The post Go:Tech Awards 2023 Winners Foster Inclusivity first appeared on Tech Insight.

]]>
https://techinsight.net/breaking-news/gotech-awards-2023-winners-foster-inclusivity/feed/ 0
IBM Joins $2.6B IRS IT Modernization: A Leap for Digital Transformation https://techinsight.net/compliance-and-risk/ibm-joins-2-6b-irs-it-modernization-a-leap-for-digital-transformation/ https://techinsight.net/compliance-and-risk/ibm-joins-2-6b-irs-it-modernization-a-leap-for-digital-transformation/#respond Fri, 14 Jul 2023 07:30:20 +0000 https://techinsight.net/?p=14387 IBM Selected for IRS Modernization Program In a significant development within the technology sector, IBM has announced its involvement in the Internal Revenue Services’ (IRS) $2.6B IT modernization program. The leap in IBM’s IRS modernization project signifies an integral milestone in restructuring the IRS’s technological footprint and reshaping the way the agency communicates with taxpayers […]

The post IBM Joins $2.6B IRS IT Modernization: A Leap for Digital Transformation first appeared on Tech Insight.

]]>
IBM Selected for IRS Modernization Program

In a significant development within the technology sector, IBM has announced its involvement in the Internal Revenue Services’ (IRS) $2.6B IT modernization program. The leap in IBM’s IRS modernization project signifies an integral milestone in restructuring the IRS’s technological footprint and reshaping the way the agency communicates with taxpayers and the tax community. This is a crucial step forward, aligning with the agency’s six-year Modernization Plan, announced in 2019.

The IRS, with its expansive reach and critical interaction points with the public, is poised to undergo a transformative journey in the coming years. With this award, IBM underscores its comprehension of the IRS’s technology challenges and highlights its firm-wide dedication to the mission at hand.

IBM’s Role in EDOS Contract

Susan Wedge, managing partner, U.S. Public and Federal Market at IBM Consulting, commented:

The IRS is arguably one of the federal agencies with the most direct and crucial touch points with the American public, and IBM is honored to continue helping its team provide the modern, efficient digital experience that taxpayers expect and deserve.

IBM’s participation in the Enterprise Development Operations Services (EDOS) contract is pivotal in bringing about technological advancements in the IRS’s infrastructure.

The Impact of IBM Technology on the IRS

As a leading provider of global hybrid cloud, AI, and consulting expertise, IBM is well-poised to offer cutting-edge solutions for the IRS. The IBM IRS modernization effort will streamline the agency’s business processes, reduce costs, and provide a competitive edge in their industry. With the support of IBM’s hybrid cloud platform and Red Hat OpenShift, government and corporate entities can expedite their digital transformations effectively and securely.

IBM’s breakthroughs in AI and quantum computing, along with their industry-specific cloud solutions and consulting, provide open and flexible options to the IRS. This is further backed by IBM’s legendary commitment to trust, transparency, responsibility, inclusivity, and service.

A Noteworthy Initiative

The IBM IRS modernization plan is a noteworthy initiative, indicating the growing role of technology and AI in reshaping government operations. As we continue to follow IBM’s work with the IRS, we invite our readers to join the discussion. What are your thoughts on this technological transformation? How do you foresee this impacting the taxpayer experience? Share your views in the comments below. For more information, visit IBM’s official website.

The post IBM Joins $2.6B IRS IT Modernization: A Leap for Digital Transformation first appeared on Tech Insight.

]]>
https://techinsight.net/compliance-and-risk/ibm-joins-2-6b-irs-it-modernization-a-leap-for-digital-transformation/feed/ 0
Unveiling the Future of Tech at Cisco Live 2023 https://techinsight.net/featured/unveiling-the-future-of-tech-at-cisco-live-2023/ https://techinsight.net/featured/unveiling-the-future-of-tech-at-cisco-live-2023/#respond Wed, 21 Jun 2023 07:45:52 +0000 https://techinsight.net/?p=13956 The innovation witnessed at Cisco Live 2023 stood out as a testament to the technological evolution the world is undergoing. As Jeff Sharritts, Cisco’s executive vice president put it, “the caliber of innovation that we’re now launching is unlike anything I’ve seen in my 23 years here at the company.” From the adoption of AI-driven […]

The post Unveiling the Future of Tech at Cisco Live 2023 first appeared on Tech Insight.

]]>
The innovation witnessed at Cisco Live 2023 stood out as a testament to the technological evolution the world is undergoing. As Jeff Sharritts, Cisco’s executive vice president put it,

“the caliber of innovation that we’re now launching is unlike anything I’ve seen in my 23 years here at the company.”

From the adoption of AI-driven security platforms to full-stack observability and data-center transformation, Cisco Live 2023 was a hotbed of groundbreaking announcements. The event, held in Las Vegas, primarily underscored the remarkable role of Cisco’s global partner ecosystem in driving innovation.

Cisco Live 2023: A Deeper Look into Cisco’s Innovative Spectrum

This year, Cisco didn’t just focus on product development but presented a holistic innovation strategy. As per Oliver Tuszik, Cisco’s SVP for global partner sales:

“We developed an end-to-end security strategy because that’s what partners and customers are looking for.”

The approach aimed at simplifying operations, increasing efficiency, and most importantly, responding to the needs of customers and partners.

‘https://techinsight.newshub.talkabout.tech/wp-content/uploads/sites/7/2019/09/uk-technology-heatmap-3.jpg Trust and https://techinsight.newshub.talkabout.tech/wp-content/uploads/sites/7/2019/09/uk-technology-heatmap-3.jpg Friction’: The New Mantra

Cisco’s AI-driven Cisco Security Cloud already stands as a testament to their innovation, but with the launch of Cisco Secure Access, they took a step further. This security service edge (SSE) solution is designed for the emerging hybrid work environment, ensuring seamless security and connectivity. Jeetu Patel, executive vice president, praised the platform, saying, “We make sure that it is done with https://techinsight.newshub.talkabout.tech/wp-content/uploads/sites/7/2019/09/uk-technology-heatmap-3.jpg Trust and zero friction.”

Partnerships Paving the Way: Apple and Cisco

Cisco’s emphasis on partnerships shone brightly with the integration of Secure Access into Apple’s operating systems. Later this year, iPhone, iPad, and Mac will have native support for network relays. Susan Prescott, Apple’s VP of enterprise and education marketing, hailed this as an opportunity for enterprises to “do their best work from anywhere, on the best devices for business.”

The Advent of the Full Stack Observability Platform

At Cisco Live 2023, the launch of the new Full Stack Observability Platform, enriched by partner contributions, stood as a highlight. The platform, according to Liz Centoni, executive vice president, is “open, extensible, and API-driven”, designed for scalability, performance, and data streaming.

AT&T and Cisco: Mobility for the Hybrid Work Era

Collaborating with AT&T, Cisco announced breakthrough mobility solutions for the hybrid work era, featuring integrations of Cisco’s Webex Calling and SD-WAN with AT&T’s mobile network. Mike Troiano, AT&T’s senior vice president, stressed the shared vision to empower organizations with secure connectivity and unmatched reliability.

Cisco Live 2023: The Power of Partnerships

Cisco Live 2023 underlined the power of partnerships in driving the tech world forward. As Oliver Tuszik stressed, “Cisco cannot do it alone.” The event unveiled a slew of initiatives that are not only groundbreaking but have been shaped and honed by years of collaborations.

What were your key takeaways from Cisco Live 2023? Which innovation do you think will be a game-changer? Let us know your thoughts in the comments below.

Next up: Knight Rider 2.0: When AI Takes the Wheel with Mercedes-Benz and Azure OpenAI Service

The post Unveiling the Future of Tech at Cisco Live 2023 first appeared on Tech Insight.

]]>
https://techinsight.net/featured/unveiling-the-future-of-tech-at-cisco-live-2023/feed/ 0
Mercedes-Benz Integrates Azure OpenAI Service: A “Knight Rider” Reality? https://techinsight.net/culture/mercedes-benz-integrates-azure-openai-service-a-knight-rider-reality/ https://techinsight.net/culture/mercedes-benz-integrates-azure-openai-service-a-knight-rider-reality/#respond Wed, 21 Jun 2023 05:31:55 +0000 https://techinsight.net/?p=13939 Knight Rider 2.0: When AI Takes the Wheel with Mercedes-Benz and Azure OpenAI Service Remember the famous 1980s TV show “Knight Rider?” David Hasselhoff’s character, Michael Knight, is known for his hi-tech, self-aware car named KITT. The futuristic car boasted artificial intelligence and could communicate interactively, understanding and executing complex commands. It was a product […]

The post Mercedes-Benz Integrates Azure OpenAI Service: A “Knight Rider” Reality? first appeared on Tech Insight.

]]>
Knight Rider 2.0: When AI Takes the Wheel with Mercedes-Benz and Azure OpenAI Service

Remember the famous 1980s TV show “Knight Rider?” David Hasselhoff’s character, Michael Knight, is known for his hi-tech, self-aware car named KITT. The futuristic car boasted artificial intelligence and could communicate interactively, understanding and executing complex commands. It was a product of fiction, a symbol of a far-fetched future. Or so we thought. Today, the car manufacturing titan Mercedes-Benz has announced that it is bringing us closer to a “Knight Rider” future, integrating Microsoft’s Azure OpenAI Service to significantly enhance the driving experience.

“KITT, Get Ready To Move!” – Michael Knight

Mercedes-Benz Integrates Azure OpenAI Service

Starting June 16, Mercedes-Benz drivers in the United States can opt into a beta program to experience this groundbreaking integration firsthand. The update will transform the MBUX Voice Assistant’s “Hey Mercedes” feature into a more interactive and intuitive platform, with several key features being enhanced.

The Power of Azure Cloud

The upgrade introduces elevated voice command and interaction. With the Azure OpenAI Service, the voice assistant in Mercedes cars will engage drivers in dynamic conversations, shifting the experience from mere voice command recognition to engaging, meaningful dialogues. In a way, it’s reminiscent of the interactive relationship between Michael Knight and his car, KITT. While we might not be racing against time to fight crime, the functionality promises a leap in our interaction with technology, making our commutes smarter and safer.

In addition, the voice assistant will exhibit expanded task capabilities. Much like KITT, which could provide Michael with real-time information and perform a range of tasks, the enhanced voice assistant will answer complex queries, provide comprehensive responses, and allow drivers to focus their attention on the road.

The voice assistant will also handle contextual follow-up questions and maintain an understanding of the conversation context, making it much more than a standard voice assistant. Imagine asking your car questions just like Michael Knight would ask KITT, and getting accurate, detailed responses.

Exploring ChatGPT by OpenAI

Mercedes-Benz is exploring the OpenAI ChatGPT plugin ecosystem to integrate various third-party services. This integration could enable tasks like restaurant reservations, movie ticket bookings, and more to be done using natural speech commands, enhancing convenience and productivity.

Mercedes-Benz: Fulfilling the Future we Dreamed About?

While the promise of a self-driving, crime-fighting car like KITT may still be way off, this integration brings us closer to a world where our vehicles are not just machines but intelligent companions. Mercedes-Benz, with Microsoft, is pioneering a more connected, intelligent, and personalized driving experience, taking us one step closer to the “Knight Rider” future we once fantasized about.


Calling all Mercedes-Benz owners and tech enthusiasts! If you’ve had the opportunity to test out this groundbreaking beta program since its launch on the 16th, we want to hear from you. What are your first impressions? How has AI technology transformed your driving experience? Join the discussion in the comments below and share your insights with our community. Even if you haven’t tried it yet, we’d love to hear your thoughts on this leap forward in automotive AI.

Source: Microsoft Azure Cloud

The post Mercedes-Benz Integrates Azure OpenAI Service: A “Knight Rider” Reality? first appeared on Tech Insight.

]]>
https://techinsight.net/culture/mercedes-benz-integrates-azure-openai-service-a-knight-rider-reality/feed/ 0
Nucleus Research Names Deltek An Expert in SMB & ERP Value Tech https://techinsight.net/enterprise-software-applications/nucleus-research-names-deltek-a-leader-in-smb-erp-value-tech/ https://techinsight.net/enterprise-software-applications/nucleus-research-names-deltek-a-leader-in-smb-erp-value-tech/#respond Tue, 20 Jun 2023 16:23:46 +0000 https://techinsight.net/?p=13932 Nucleus Research Names Deltek an Expert in the 2023 Enterprise and SMB ERP Value Technology Matrixes In this modern world of work, there seems to be a solution for every problem we have – even ones that have been wrought by our over-dependence on technology. With so many options to choose from when it comes […]

The post Nucleus Research Names Deltek An Expert in SMB & ERP Value Tech first appeared on Tech Insight.

]]>
Nucleus Research Names Deltek an Expert in the 2023 Enterprise and SMB ERP Value Technology Matrixes

In this modern world of work, there seems to be a solution for every problem we have – even ones that have been wrought by our over-dependence on technology. With so many options to choose from when it comes to the software and systems we use, it can be bewildering, to say the least. That’s where Nucleus Research comes in.

The organisation is on hand to signpost significant players in industry, namely SMB (or, small-to-medium-sized businesses) and ERP (enterprise resource planning) pioneers. Now, it’s been reported by PR Newswire that Nucleus Research has recognised Deltek for delivering value through deep functionality and industry-specific capabilities.

The gold standard

It’s a bit of a mouthful, so let’s dig into what that actually means. Deltek is a leading global provider of software and solutions for project-based businesses. The company came out on top in the 2023 Nucleus Research ERP Technology Value Matrix, an annual report that provides a snapshot of the current ERP market.

Deltek distinguished itself from competitors by delivering value through capabilities and deep functionality across its industry-specific solutions, designed to maximise an organization’s performance at every project lifecycle stage. – PR Newswire

Over 30,000 organizations worldwide trust Deltek to power their projects to success, and that’s a figure that’s likely to skyrocket as a result of this news. Indeed, many of us work closely with the best technology available – consider how we utilise CRM and CMS software – but barely scratch the surface when it comes to the services these systems use. Deltek provides help and assistance to thousands of clients, guaranteeing they’re clued up, using their tools to the best of their ability, and not wasting money.

Nucleus Research – into the matrix

Likewise, The Nucleus Research Technology Value Matrix is an assessment of the operational value a solution delivers to a client. The Matrix provides a relative position of key players in a market and provides a framework for assessing just how suitable a solution might be for a customer.

Vendors, like Deltek, are measured both on functionality and usability, which guide Nucleus’ recognition of value for money. Then, they’re categorised into one of four categories: Leaders, Experts, Facilitators or Core Providers. Deltek being claimed as Experts further legitimises their offering, and proves that the organisation has unleashed its niche, as it were.

“In this year’s report, Nucleus found that large and small companies alike are increasingly adopting ERP software, like Deltek, to future-proof their operations and improve flexibility and agility.”
Isaac Gould, Research Manager at Nucleus Research

With this boost, Deltek will likely do just that.

Know of any other key players you want to shine a light on here at Tech Insight? Sound off in the comments and keep the conversation going.

Source: Nucleus Research Names Deltek an Expert in the 2023 Enterprise and SMB ERP Value Technology Matrixes.

Want more advancements in enterprise technologies? Read London Tech Week: APAC to Propel UK Tech with £100bn now.

The post Nucleus Research Names Deltek An Expert in SMB & ERP Value Tech first appeared on Tech Insight.

]]>
https://techinsight.net/enterprise-software-applications/nucleus-research-names-deltek-a-leader-in-smb-erp-value-tech/feed/ 0
Banking in the Virtual World? PKO Bank Polski Thinks the Money’s in the Metaverse https://techinsight.net/digital-transformation/banking-in-the-virtual-world-pko-bank-polski-thinks-the-moneys-in-the-metaverse/ https://techinsight.net/digital-transformation/banking-in-the-virtual-world-pko-bank-polski-thinks-the-moneys-in-the-metaverse/#respond Wed, 31 May 2023 11:41:58 +0000 https://techinsight.net/?p=13502 Money in the Metaverse Follow the money, they say. And for those wondering where all their money is going at the moment, the answer might surprise you. It’s been announced that PKO Bank Polski, Central and Eastern Europe’s largest universal bank, is accelerating its expansion into virtual worlds. Banking in the virtual world isn’t a new concept, […]

The post Banking in the Virtual World? PKO Bank Polski Thinks the Money’s in the Metaverse first appeared on Tech Insight.

]]>
Money in the Metaverse

Follow the money, they say. And for those wondering where all their money is going at the moment, the answer might surprise you. It’s been announced that PKO Bank Polski, Central and Eastern Europe’s largest universal bank, is accelerating its expansion into virtual worlds. Banking in the virtual world isn’t a new concept, but so far, it’s been a strictly traditional affair: your real-world money has been usable across digital platforms. Cryptocurrency’s rocky road to prominence has waylaid our species’ single, rapturous leap into tomorrow’s finances, but that hasn’t stopped PKO Bank Polski from going back to the drawing board when it comes to digital innovation.

As per PR News Wire, it has announced that it’s creating “attractive spaces” on gaming platforms such as Fortnite and Roblox, and it wants to develop its activity on Metaverse platforms such as Decetraland and The Sandbox – not household names now, but PKO Bank Polski is banking big on the potential for virtual reality in the banking space. Don’t have time to pop to your local branch? If the CEE’s biggest bank has anything to do with it, you’ll soon be able to have that mortgage meeting in the Metaverse.

“Our previous experience with being in the Metaverse world has been very positive. The Virtual PKO Rotunda embedded on the Decentraland platform still acts as a digital laboratory, but we are reaching the point where it is too small for us. – Katarzyna Dziwulska, PKO Bank Polski

Logging on – banking in the virtual world

As part of the announcement, PKO’s Managing Director of the Strategy and Digital Transformation Division, Katarzyna Dziwulska shares, “We have decided to increase our presence in the Metaverse and accelerate the process of building know-how.”  Building know-how refers to onboarding experts in the virtual world, and this will involve identifying organisations with the appropriate tech experience to collaborate on the maintenance of their Metaverse playpens and define various parameters.

Fortnite’s ‘freemium’ business approach has been both bold and lucrative; free to play, it offers compelling, dopamine-dripping paid-for challenges and cosmetics to its young player base. The anecdotes of old – colourful iPhone games that drain bank accounts with the tap of a single button – have given way to suaver money-making models. A successful digital presence relies on both context and execution, and PKO will need to be sure they don’t overwhelm users of any platform with spammy content and cloying messaging. The core user base of Fortnight and Roblox is savvy and, against all odds, their digital playgrounds are shaping every aspect of their online experiences.

An open call to all

What’s more, Roblox’s rapturous reception has been fuelled by its creators’ call to action – there’s money to be made in these digital hills! Assets, levels and entire games can be created thanks to the program’s intuitive tools, and the Director of the Innovation Bureau at PKO, Marek Myszka, invites everyone to give this innovative approach to digital expansion their best shot:

This model will allow us to develop simultaneously on various gaming platforms… where we want to create attractive and engaging virtual spaces for users. We invite all interested companies to contact us via metaverse.pkobp.pl.”
– Marek Myszka

It’s clear the future of our finances is being written in real-time, but what do you think? This is part of a much larger push on PKO’s part to integrate their brand into popular virtual spaces, but is it a bit cloying? We’re used to seeing banks on our high streets, but it’s a far cry from Fortnight, and right now, Fortnite creator Epic has been remarkably savvy about how it integrates branded content into its free-to-play world; yes, you can battle and build as an assortment of Spider-Men, but that’s where the brand recognition ends. It’s organic.

By banking on Battle Royale and younger audiences, is PKO Bank Polski missing the mark on what makes the Metaverse special?

Source: The largest universal bank in the CEE region accelerates expansion in the Metaverse.

What do you think? Is this all a bit too Second Life for your liking? Banking from home sounds convenient, but does it threaten to alienate all but those most technologically-minded? Keep the conversation going in the comments.

Want more on the workplace of the future? Click here: What does the future of work look like for IT? Aruba Has A Solution.

The post Banking in the Virtual World? PKO Bank Polski Thinks the Money’s in the Metaverse first appeared on Tech Insight.

]]>
https://techinsight.net/digital-transformation/banking-in-the-virtual-world-pko-bank-polski-thinks-the-moneys-in-the-metaverse/feed/ 0
What does the future of work look like for IT? Aruba Has A Solution https://techinsight.net/digital-transformation/what-does-a-post-covid-workplace-look-like-aruba-has-an-idea/ https://techinsight.net/digital-transformation/what-does-a-post-covid-workplace-look-like-aruba-has-an-idea/#respond Tue, 16 May 2023 15:42:11 +0000 https://techinsight.net/?p=13302 What does the future of work look like? Aruba thinks it has the answer for IT teams The pandemic changed many workers’ relationships with work forever, and in a post-Covid world, many of us simply aren’t willing to accept the shortcomings we tolerated before. HPE Aruba Solutions redefined the tech space when we were forced […]

The post What does the future of work look like for IT? Aruba Has A Solution first appeared on Tech Insight.

]]>
What does the future of work look like? Aruba thinks it has the answer for IT teams

The pandemic changed many workers’ relationships with work forever, and in a post-Covid world, many of us simply aren’t willing to accept the shortcomings we tolerated before. HPE Aruba Solutions redefined the tech space when we were forced behind our laptop screens; now, they’re hoping to make life easier for enterprise IT teams the world over, with a new IT-fuelled, cloud-native network management solution.

Aruba Solutions is a jewel in the crown for HP, which has gone through somewhat of a transformation itself in recent years. The self-styled global leader in wired, wireless, and SD-WAN solutions that ‘use AI to automate and secure the network from edge to cloud’, is hoping to ease operations across the board with its state-of-the-art solutions. As reported by ChannelE2E, it’s using tech to push enterprises into the future.

Central Intelligence

Make way for HPE Aruba Networking Central. The company have fully gotten their knees under the table at Hewlett Packard, and Aruba has been hard at work, redesigning its flagship technology to simplify operatives, streamline practices and improve productivity. How? By leveraging AI (artificial intelligence) to cut down on manual tasks; with a bit of luck, strained teams can concentrate on higher-value projects as a result.

Heard the term SaaS – Software as a Service? Well, Aruba’s gone one better, providing NaaS (Network as a Service) capabilities to both its customers and partners to acquire, deploy and manage on HPE’s GreenLake platform. These launches serve to take the pain pressure off IT teams – it changes the narrative that the onus is on the worker, or that there is, in fact, a talent shortage. Instead, Aruba’s automation could instead see those same teams prosper by embracing artificial intelligence.

“Networking Central offers Multi-layer physical and logical “sunburst” topology views to transform visualisation of large, complex networks.”
– ChannelE2E

Feature-rich future

In a world that’s still grappling with increasing advancements in AI, it’s a big ask, but Aruba is banking on enterprises being healthier, happier places if technologists take note of Networking Central’s key features. They include operator-centric backend design, intended to enable users across skill levels, and a simplified ‘time-travel’ feature, for a contextually correlated ‘point-in-time’ of a network; if there’s a problem, anyone can rewind to a specific point, a little like a save state snapshot of a video game.

Phil Mottram, the executive Vice President and General manager of HPE Aruba Networking started: “A modernised network is the backbone for powering next-generation digital experience and enabling new business models.” Time will tell how these models shape up, but it’s clear that thanks to the continued, funding, innovation and acquisition of companies such as Hewlett Packard and their new subsidiaries, innovations on the scale of Aruba’s new networking technologies promises to usher in an exciting new age where workers can focus on the future, and not the friction.

Source: https://www.channele2e.com/technology/ai/hpe-aruba-networking-invests-in-ai-solutions-to-ease-pressure-on-it-teams/ 

What solutions would you suggest to further empower IT workers? Do you agree with Aruba? Let us know in the comments!

Salesforce is imagining a greener way of working in the future. Find out more here: How To Be A Greener Developer – Salesforce’s Fresh Initiative.

The post What does the future of work look like for IT? Aruba Has A Solution first appeared on Tech Insight.

]]>
https://techinsight.net/digital-transformation/what-does-a-post-covid-workplace-look-like-aruba-has-an-idea/feed/ 0