Breaks down IT/OT silos with industry’s first fully managed Edge AI solution, enabling advanced AI use cases for industrial and manufacturing
Integrates and synthesizes data from sensors, devices and systems into a single data plane, facilitating seamless on-premises processing and real-time decisions
Smaller, task-specific AI models make advanced AI capabilities more accessible, reducing the costs and complexity of AI
(BUSINESS WIRE)--NTT DATA, a leading IT infrastructure and services company, unveiled its new Edge AI platform to accelerate IT/OT convergence by bringing AI processing to the edge. By processing data when and where it is generated and unifying diverse IoT devices, systems and data, this unique, fully managed solution enables real-time decisions, enhanced operational efficiencies and secure AI application deployment across industries to drive advanced Industry 4.0 technologies.

While the spotlight has been on GenAI and Large Language Mo ... Read more »

LOS ANGELES - 
Strategic Acquisition Aimed at Empowering Creators and Enhancing User Engagement Across Platforms

(BUSINESS WIRE)--Xsolla, a global video game commerce company, announces its acquisition of LF.Group, a leader in digital solutions for gaming communities. This strategic collaboration is poised to transform how developers connect with their audiences and manage transactions across various platforms, integrating advanced technology to improve the creator and gamer experience.

Xsolla's president, David Stelzer, shared, “Investing in technology and providing innovative solutions that enhance the gaming experience for developers is central to our strategy. This acquisition will significantly enrich our capabilities by incorporating LF.Group's technological strengths in our commerce framework.”

LF.Group has been instrumental in player connectivity/gamer connectivity solutions, mainly through its advanced Discord bot techn ... Read more »

LONG BEACH, Calif. & MUSCAT, Oman - Thursday, 18. July 2024

(BUSINESS WIRE)--Odys Aviation, a sustainable aviation company building hybrid-electric vertical take-off and landing aircraft, and MWASALAT, the Omani National Transport Company, today announced that they will collaborate on the development of programs in Oman for 25 of Odys’ Laila uncrewed aircraft, with the intention of first launching pilot programs on unpopulated and defined routes with pre-production aircraft in 2025. Laila is a hybrid-electric VTOL aircraft designed in multiple configurations for cargo and capable of transporting payloads up to 60kg with a 400 km range. Missions operated via these aircraft provide a low-carbon air cargo alternative for routes across Oman, opening up opportunities that have previously been time-consuming or inaccessible because of infrastructure and geographical challenges.

Under the terms of the agreement, the two companies will work together to undertake jo ... Read more »

OTTAWA, Ontario - Thursday, 18. July 2024

Leading manufacturer of joining components is making the critical connections across its data, people and processes to create a more efficient supply chain

(BUSINESS WIRE)--Kinaxis® Inc. (TSX: KXS), a global leader in end-to-end supply chain orchestration, today announced that NORMA Group, a leading provider of the world’s innovative clamps, connectors and fluid systems is working with Kinaxis to bring agility, transparency and speed to its supply chain.

Germany-based NORMA Group operates 25 manufacturing plants globally, developing secure clamps and connectors that are integral to the manufacturing of machines, vehicles and engines within the water management, agricultural, aviation, chemical, sanitary and automotive industries. With the cause for disruptions in manufacturing ranging from geopolitics to regulatory changes and everything in between, NORMA Group selected a solution that would a ... Read more »

LOS ANGELES - Thursday, 18. July 2024 

Empowering Developers with New Integration Options Under The Latest Digital Distribution Platforms for Mobile App Guidelines

(BUSINESS WIRE)--Xsolla, a global video game commerce company, announces the launch of its Mobile Software Development Kit (SDK). Whether you want to expand your payment options, go direct-to-consumer/out-of-store, or simply improve your game’s revenue potential, Xsolla Mobile SDK is the gateway to efficiently and effectively achieve these goals. This release introduces a pivotal solution for the DMA Age, empowering developers worldwide to seamlessly integrate their games on Android and iOS platforms with a global payment solution and web shop. Such integration significantly broadens the potential for mobile game monetization worldwide and unlocks new distribution channels. Game developers like Gaijin Network LTD (Crossout), Artstorm (Modern Warships), LINGCHAI (HONG KONG) ... Read more »

The Power of Where: A Geographic Approach to the World's Greatest Challenges Showcases the Power of Geospatial Technology

(BUSINESS WIRE)--Esri, the global leader in location intelligence, today announced the publication next month of The Power of Where: A Geographic Approach to the World's Greatest Challenges.

Written by Esri president Jack Dangermond with a dedicated Esri team and numerous contributors, this important new book explores the geographic approach—a way of solving problems using spatial analysis to perceive and understand patterns ranging from wildlife migration and rising seas to urban planning and food production.

According to Dangermond ... Read more »

SAN MATEO, Calif. - Thursday, 18. July 2024 AETOSWire 

(BUSINESS WIRE)--BeiGene, Ltd. (NASDAQ: BGNE; HKEX: 06160; SSE: 688235), a global oncology company, today announced the appointment of Aaron Rosenberg as Chief Financial Officer, effective July 22. Mr. Rosenberg will succeed Julia Wang, who is departing to pursue external opportunities and will stay with the Company through August to support the transition.

“We are thrilled to welcome Aaron amid a transformational year for BeiGene as we became a top 15 global oncology innovator by revenue with sustained progress to profitability and one of the most prolific and innovative pipelines in our industry including a plan to have at least 10 new molecular entities this year. Aaron’s financial leadership and impressive track record at Merck & Co. will be invaluable as we continue to responsibly scale our business and look to reinforce our global leadership in hematology as well as build future franchi ... Read more »

As economic growth remains robust, driven by sectors like defence, AI, and obesity drug manufacturing, Saxo's strategy team warns of the fragility of this "sandcastle economy" in their quarterly outlook for Q3. Although their perspective for the short term is neutral, this outlook explores the underlying threats of unsustainable US fiscal spending, geopolitical risks, and demographic trends that could destabilise the current economic momentum in the longer term.

In his macro note, “Sandcastle economics,” Peter Garnry, Saxo's chief investment strategist, emphasises the precarious nature of our current economic growth. He states, "Economic growth will remain stable, but down the road, several factors can destroy our sa ... Read more »

JEDDAH, Saudi Arabia - Thursday, 18. July 2024 AETOSWire Print 

Commences daily direct flights connecting Jeddah with Mumbai

To commence 2 weekly flights connecting Jeddah with Ahmedabad effective 20th July

Expansion to support Saudi Arabia’s Vision 2030

(BUSINESS WIRE)--Akasa Air, India's fastest-growing airline, commenced operations from Jeddah, connecting it with two prominent Indian cities – Mumbai and Ahmedabad with direct flights. The inaugural flight on 15th July 2024 departed Chhatrapati Shivaji Maharaj International Airport in Mumbai at 1935hrs IST and arrived at King Abdulaziz International Airport in Jeddah at 2225hrs AST. Akasa Air now operates daily direct flights connecting Jeddah with Mumbai and will further enhance this connectivity to operate 12 direct flights a week effective 21st July 2024. The launch of o ... Read more »

(BUSINESS WIRE)--On July 4, BYD celebrated the inauguration of its Thailand plant and the production of its 8 millionth new energy vehicle in Rayong, Thailand, marking two milestones in the company's global expansion. The ceremony was attended by Ms. Pimphattra Wichaikul, Thailand's Minister of Industry; Mr. Han Zhiqiang, Chinese Ambassador to Thailand; Mr. Narit Therdsteerasukdi, Secretary General of Thailand Board of Investment; as well as Mr. Wang Chuanfu, Chairman and President of BYD, among other senior executives of BYD Group.

BYD completed its Thailand plant in just 16 months, with an annual capacity of 150,000 vehicles. The facility encompasses processes of stamping, painting, welding, final assembly, and producing car components. It is projected to generate 10,000 jobs. BYD marked a historic moment by unveiling the Dolphin model as the 8 millionth new energy vehicle.

Minister Pimphattra Wichaikul expressed high praise for BYD's outstanding contri ... Read more »

MUMBAI, India - Thursday, 18. July 2024 AETOSWire

(BUSINESS WIRE)--LTIMindtree [NSE: LTIM, BSE: 540005], a global technology consulting and digital solutions company, today announced a multi-million dollar contract extension with Absa Bank, a leading African financial services group. This reinforces LTIMindtree's position as Absa Bank’s trusted strategic technology partner. The extended partnership builds upon a successful 17-year collaboration, where LTIMindtree has been instrumental in driving Absa Bank's digital transformation journey, fostering growth and efficiency.

Absa Group Limited, a publicly traded company on the JSE, is one of Africa's largest diversified financial services groups. The company has footprints across 12 African countries, China, the United Kingdom, and the United States. LTIMindtree will act as a one-stop shop for Absa Bank's IT needs, providing comprehensive services to bolster its digital infrastructure. This includes ... Read more »