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The article discusses various developments in the field of fiber optics and communications. It mentions a company called Sodvin AS in Norway that is using Ciena's XGS-PON solution to improve broadband services in the region. The article also highlights the Fiber Broadband Association's annual conference, Fiber Connect 2024, where several proof of concept demonstrations will showcase the potential of fiber broadband in enhancing connectivity and subscriber experience. Additionally, the article mentions partnerships between Pro-Lite Group and International Light Technologies, as well as between Edmund Optics and Quartus Engineering. [Extracted from the article]

GP Bullhound is a global investment bank that specializes in technology and has around 200 employees worldwide. They focus on M&A and have an investment management division that manages $1.3 billion in public equity. Their strategy is to identify long-term trends in the tech industry that will outperform the market. They serve a diverse range of clients and have three different portfolios, with top holdings including ASML, Infineon, Microsoft, Amazon, Nvidia, and AMD. Despite potential macroeconomic concerns, they are optimistic about the long-term growth of the tech sector. The text also discusses the importance of data handling and consumption in the next phase of AI development. The interviewee emphasizes the significance of scale in the tech industry, making it challenging for smaller companies to compete. Big tech companies face risks such as regulatory scrutiny and the effective implementation of AI. The interviewee also mentions potential market impacts of geopolitical tensions, such as conflicts between Israel and Iran. GP Bullhound offers managed accounts that cater to specific investment trends, including AI portfolios. The interviewee highlights the high Sharpe ratio and lower risk of their funds compared to the Nasdaq. The minimum investment for their funds is EUR10. [Extracted from the article]

The article focuses on the global chemicals industry's outlook, highlighting factors contributing to sluggish demand and the transition to restocking after destocking. Topics include the impact of the energy transition on chemical demand, government policies driving investment, and the potential rebound in demand for chemicals and materials needed to support clean energy technologies.

Copyright of CIO: IT Leadership & Best Practice is the property of IDG Communications, Inc. and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

Copyright of IM + io is the property of AWS-Institut fuer Digitale Produkte und Prozesse GmbH and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

The article discusses how AI-powered facial recognition technology is revolutionizing air travel by making the process more efficient and secure. By using mobile check-in apps and facial recognition scanners at various checkpoints, travelers can experience a paperless and hassle-free journey. The technology is designed to be inclusive, recognizing diverse age groups and ethnicities to eliminate bias in face-matching. The adoption of biometric technology in airports is on the rise, with a majority of airlines planning to implement it by 2026, as per industry reports. [Extracted from the article]

Infosys Ltd. has increased its annual sales forecast for the fiscal year through March 2025, indicating a potential revival in client spending on software services due to resilient growth and slowing inflation in major economies. The company expects revenue to grow by 3.75% to 4.5%, higher than the previous projection of 3% to 4%. Infosys' performance in the first six months of the fiscal year and the September quarter contributed to the improved sales projection, with a focus on smaller deals under $50 million showing strong double-digit growth. This development may be encouraging for IT companies globally, as they anticipate a rebound in tech spending. [Extracted from the article]

Infosys Ltd. has increased its annual sales forecast due to a resurgence in client spending on software services, with revenue expected to grow by 3.75% to 4.5% in the fiscal year ending March 2025. This positive outlook may benefit IT companies globally, as Infosys' rival Tata Consultancy Services Ltd. also anticipates improved investment following a rate cut by the US Federal Reserve. The company's focus on technologies like artificial intelligence, machine learning, and cloud computing reflects a broader trend in the industry towards digital transformation and competition with agile startups. [Extracted from the article]

Amazon.com Inc. shares fell after Wells Fargo Securities downgraded the stock due to concerns over margin trends and the potential inability of the cloud computing business to compensate for this. The analyst cut the stock to equal weight from overweight and lowered the price target. While Amazon is highly regarded on Wall Street, with the majority of analysts holding a buy rating, there are concerns about margin expansion and the reliance on the Amazon Web Services cloud computing business. However, long-term demand for AWS is expected to be strong due to artificial intelligence. [Extracted from the article]

The Azerbaijan Tourism Board recently transferred all its information systems and resources to the 'Government Cloud' as part of a national initiative following a presidential decree. This move ensures high availability for critical systems and is facilitated by 'AzInTelecom' LLC, which provides cloud services such as Infrastructure-as-a-Service and Backup-as-a-Service. The 'Government Cloud' project, overseen by the Ministry of Digital Development and Transport, aims to reduce IT costs, increase productivity, enhance security, and provide high-quality services with 24/7 monitoring. 'AzInTelecom' LLC, the organization behind the project, holds international compliance certificates and operates data centers meeting various ISO standards in Baku and Yevlakh. [Extracted from the article]

Macquarie Group Ltd. is considering selling a stake in Wavenet, a UK IT services provider, in a deal that could be valued at £1.2 billion ($1.6 billion) or more. Macquarie is working with its advisory arm, Macquarie Capital, and Houlihan Lokey on the potential divestment. While a formal sale process is expected to begin next year, Macquarie has not made a final decision on the size of the stake to be sold. Wavenet offers cyber security, cloud, and technology solutions to organizations in the UK, including NHS Trusts, John Lewis Plc, and NatWest Group Plc. [Extracted from the article]

Indian digital network builder Black Box Ltd. aims to triple its sales to $2 billion in the next four years, focusing on the growing demand for data centers and cybersecurity services in North America. Black Box plans to achieve this goal through acquisitions and partnerships with companies like Juniper Networks Inc. and Aruba Networks. The company is capitalizing on the global demand for artificial intelligence, which is driving investments in computing, data storage, and networking infrastructure. While facing challenges due to high interest rates, Black Box is optimistic about the increasing adoption of AI and the need to rebuild infrastructure to support AI applications. [Extracted from the article]

Copyright of AutomotiveIT is the property of Media-Manufaktur GmbH and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

Furniture retailer Empresas Berios in Puerto Rico has chosen Pure Storage to drive service innovation while cutting IT costs. Berios aims to enhance its customer experience through the use of technologies such as in-store tablets, advanced inventory systems, and AI-driven analytics. By adopting Pure Storage's portfolio, Berios gains scalability, reliability, and cost savings. The company benefits from cloud-like consumption economics, rapid recovery in the wake of disasters, and reduced data center footprint. Pure Storage supports critical components of Berios' business and provides ease of use and unmatched performance. [Extracted from the article]

The article from Software World discusses the growing use of AI apps in the manufacturing sector and the diversification of attack methodologies used by attackers targeting the sector. The report highlights an increase in the popularity of Microsoft OneDrive in the manufacturing sector, but a decrease in its impact in terms of malware distribution. The top three cloud applications for malware downloads remained the same, but the malicious exploitation of GitHub doubled in 2024 compared to 2023. The article also provides recommendations for organizations in the manufacturing sector to enhance their security posture. [Extracted from the article]

Copyright of AutomotiveIT is the property of Media-Manufaktur GmbH and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

The article discusses the implementation of the "Government Cloud" project in Azerbaijan, which aims to provide cloud services to state institutions. The Azerbaijan Industrial Corporation has partially transferred its information systems and resources to the Government Cloud, specifically to the Baku Data Center owned by AzInTelecom. This move has allowed the Industrial Corporation to ensure high availability of critical systems. The project, implemented by AzInTelecom, has resulted in reduced IT costs, increased productivity of information systems, and improved security. AzInTelecom is the first institution in Azerbaijan and the South Caucasus region to have the "TIER III" International compliance certificate. [Extracted from the article]

A recent analysis by McKinsey reveals that software companies have been prioritizing margins over growth, resulting in missed opportunities for value creation. The study found that between 2021 and 2023, software companies experienced a decline in growth efficiency, with each incremental dollar of growth investment yielding less than a dollar of new recurring revenue. The focus on margins was driven by the need to protect valuations in a challenging market, but the analysis suggests that companies could have expanded their businesses more by striking a balance between growth and margins. McKinsey estimates that if software companies had followed their optimal growth-to-margin ratio, they could have unleashed an additional $500 billion in incremental value. The study recommends that software companies adopt an approach called "efficient growth" that maximizes growth while maintaining healthy margins. By doing so, companies can create long-term value and better serve their customers. [Extracted from the article]

Infosys Ltd. has raised its sales forecast for the year, indicating that clients are starting to increase their technology spending. The company predicts that revenue will grow by 3% to 4% on a constant currency basis in the fiscal year through March 2025, surpassing the average analyst estimate of 3.16%. India's software services industry, led by Tata Consultancy Services Ltd. and Infosys, is optimistic that falling interest rates and slowing inflation will drive technology spending. Infosys is focusing on machine learning, analytics, and cloud computing to boost revenue, while artificial intelligence is also becoming a significant revenue stream for outsourcers. [Extracted from the article]

This is a decrease from the previous quarter's forecast of 8% growth, but an increase of the overall spend forecast of $5.06 trillion. [ABSTRACT FROM AUTHOR]

Oracle has introduced the Oracle Health Insurance Data Exchange Cloud Service, a new solution designed to help healthcare insurers simplify data exchange and reduce IT costs. The cloud-native service allows insurers to create custom data mapping, onboard evolving data formats, and streamline integration with partners such as the Centers for Medicare and Medicaid Services. It supports industry-standard formats like HIPAA X12 Electronic Data Interchange, enabling insurers to exchange operational data efficiently. This service represents a transformative leap in data exchange capabilities for the health insurance industry. [Extracted from the article]

Tata Consultancy Services (TCS) has reported a 9% increase in net income to 120.4 billion rupees ($1.4 billion) in the first quarter of the financial year through June. This profit meets analysts' estimates and suggests that corporations are slowly resuming spending on projects that utilize technologies like artificial intelligence. TCS, a leader in India's tech industry, is optimistic that the financial year through March 2025 will be better than the previous year. The company is also partnering with Microsoft to develop AI-based software services for clients, with expectations of generating significant revenue in the near future. [Extracted from the article]

Tata Consultancy Services (TCS) has reported a 9% increase in net income for the first quarter, surpassing analysts' estimates. This suggests that corporations are starting to invest in projects that utilize technologies like artificial intelligence. TCS, along with other Indian tech companies, is focusing on AI and machine learning to encourage companies to spend more on their computer systems. TCS has also partnered with Microsoft to develop AI-based software services for clients. [Extracted from the article]

Bitdefender and NinjaOne have integrated their endpoint protection and management solutions, allowing organizations to easily secure all endpoints and strengthen their security. The integration combines NinjaOne with the Bitdefender GravityZone Platform, providing advanced endpoint protection and security across physical, virtual, and multi-cloud environments. The solution offers real-time threat alerting, one-click threat remediation, and automated deployment, improving overall efficiency and reducing the risk of breach incidents. The integration aims to provide a layered defense strategy that incorporates powerful endpoint protection, real-time threat detection, and remediation. [Extracted from the article]

NetApp, an intelligent data infrastructure company, has addressed the rise of artificial intelligence (AI) in industries, stating that security risks and IT costs will not hinder its progress. According to a recent IDC Whitepaper, 20% of AI initiatives fail due to a lack of intelligent data infrastructure. NetApp's Cloud Complexity Report reveals that 76% of tech companies globally have AI projects in progress, with 70% of Indian companies also pursuing AI initiatives. However, organizations face challenges such as IT costs, security, and accessing dispersed data. NetApp's intelligent data infrastructure aims to address these challenges by providing secure and accessible data management for successful AI implementation. [Extracted from the article]

This article discusses a triple test of used compact crossovers, specifically the Audi Q3, Volvo V40 Cross Country, and DS 4 Crossback. The Audi Q3 is praised for its rugged appearance, driving dynamics, practicality, and premium appeal. The Volvo V40 Cross Country is commended for its comfort, safety features, and nimble handling, although it has a smaller boot and outdated infotainment system. The DS 4 Crossback stands out with its unique styling, affordability, and fuel efficiency, but it falls short in terms of driving dynamics and practicality. Overall, the Audi Q3 is ranked first, followed by the Volvo V40 Cross Country and the DS 4 Crossback. [Extracted from the article]

According to a study titled "2024 State of IT" conducted by Spiceworks and Aberdeen Strategy & Research, two-thirds of companies plan to increase technology investments in 2024, with overall IT spending expected to grow by 6% year-over-year. The study also found that 81% of companies have made business process changes to prepare for a potential recession, while 74% have changed tech purchasing behaviors to reduce costs. Ongoing pandemic-influenced challenges are expected in 2024, including product/service cost increases, IT skills or labor shortages, and supply chain issues/logistical disruptions. The top reasons influencing spending-planned growth in 2024 include the need to update infrastructure, increased priority on IT projects, increased security concerns, inflation, and employee growth. The study also highlights the top AI use cases and the anticipated adoption of various technologies within the next two years. [Extracted from the article]

Cloudflare Inc., a San Francisco-based security company, has reported second-quarter revenue projections that fell short of analysts' expectations. The company estimated that revenue would total $393.5 million to $394.5 million in the second quarter, missing analysts' estimates of $394.5 million. This news caused shares to plummet in after-market trading. Despite this disappointing outlook, Cloudflare did post solid first-quarter results, with adjusted earnings of 16 cents per share, beating analysts' estimates of 13 cents. [Extracted from the article]

SK Hynix, a South Korean company, is planning to invest $14.6 billion in building a new memory chip complex to meet the growing demand for semiconductors used in AI development. The company will allocate an initial 5.3 trillion won to start construction in April, with the goal of completing the factory by November 2025. This investment reflects the global competition to supply the hardware and components necessary for generative AI services. SK Hynix is currently the leader in high-bandwidth memory chips for AI, but faces competition from Samsung Electronics. The company also has plans to expand in the US and make other domestic investments in South Korea. [Extracted from the article]

Accenture Plc shares have experienced a significant drop after the company revised its revenue outlook and reported a decrease in spending by financial services customers on its software. The company now expects its fiscal 2024 revenue to increase by up to 3%, down from the previous forecast of up to 5%. Accenture's CEO, Julie Sweet, attributed the decrease in spending to uncertain economic conditions and stated that clients are prioritizing their budgets and substituting rather than adding to them. This decline in revenue is reflective of the broader economic uncertainty impacting consultancies, leading to job cuts and hiring freezes. Accenture has been focusing on expanding its work in generative artificial intelligence and plans to open 10 innovation hubs for this technology. [Extracted from the article]