2021 HYBRID CLOUD REPORT
Samsung expects Gen AI to reach over 200 mln phones by end of 2024: TM Roh
Samsung anticipates that generative AI will be integrated into over 200 million smartphones by the end of the year, spurred by the launch of its latest foldables and wearable devices, according to TM Roh, the head of the company's mobile business.
Google-Wiz deal talks: here's a look at the tech giant's biggest acquisitions
Google looks to take on rivals Amazon Web Services and Microsoft Azure in the cloud-computing space. If the deal goes through, this will be the tech giant's biggest acquisition, almost double what it paid for Motorola Mobility in 2012. In the past decade, the search engine giant has made several big-ticket deals as well.
Weekly Top mid and smallcap picks: These mid and smallcap stocks scored 10 on 10 on Stock Reports Plus
Stock Reports Plus, powered by Refinitiv, undertakes detailed company analysis for 4,000+ listed stocks. In addition to detailed company analysis, the report also collates analysts’ forecasts and trend analysis for each component. An average score in Stock Reports Plus is calculated by undertaking quantitative analysis of five key investment tools - earnings, fundamentals, relative valuation, risk and price momentum.
Weekly Top Picks: These mid and small cap stocks scored 10 on 10 on Stock Reports Plus
Stock Reports Plus, powered by Refinitiv, undertakes detailed company analysis for 4,000+ listed stocks. In addition to detailed company analysis, the report also collates analysts’ forecasts and trend analysis for each component. An average score in Stock Reports Plus is calculated by undertaking quantitative analysis of five key investment tools - earnings, fundamentals, relative valuation, risk and price momentum.
Demand for hybrid vehicles on the rise across the US; here are the best deals being offered
There is a growing demand for hybrid vehicles across the US. Many of the companies are offering discounts on these vehicles. The demand for EV vehicles is decreasing due to many challenges associated with it.
US probing China Telecom, China Mobile over internet, cloud risks
The Biden administration is investigating China Mobile, China Telecom, and China Unicom over concerns they could misuse access to American data through their U.S. cloud and internet services by sharing it with Beijing. The Commerce Department is leading the probe, which has completed "risk-based analyses" of China Mobile and China Telecom. These companies, despite being barred from providing certain services, still offer cloud and internet routing services in the U.S., posing potential national security risks. The investigation aims to close any remaining avenues for Chinese firms to access U.S. data, amid ongoing tech tensions.
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Vladimir Putin’s hybrid war opens a second front on NATO’s eastern border
Several masked men removed navigational aids on the Narva River, separating Estonia from Russia, signaling Russia's intent to provoke and destabilize Baltic states. These acts, seen as part of a hybrid war, include airspace violations, GPS interference, and recruiting criminals for sabotage. The region is increasingly a second front in the West's conflict with Moscow. Neighboring countries are reinforcing borders and seeking NATO's attention, as Russia's actions aim to spread fear and division, utilizing disinformation and migrant crises.
Microsoft to lay off about 1,500 employees at Azure cloud unit: report
Microsoft is cutting hundreds of jobs at its Azure cloud unit, impacting teams like Azure for Operators and Mission Engineering, as reported by Business Insider.
Salesforce plummets 18% as weak forecast sparks concerns of AI competition
Salesforce shares slumped about 18% on Thursday, after its lowest-ever quarterly revenue growth forecast raised fears that high interest rates and rival AI offerings were hampering demand at the cloud-based software firm.
Escalating emissions: How Red Sea disruptions are driving up carbon emissions
Many companies had already revamped their supply chains as they navigated COVID-19 disruptions, extreme weather risks, trade protectionism that forced them to change suppliers, and rising freight costs.
India may outpace Nutanix’s global growth metrics: CEO
CEO Rajiv Ramaswami told ET in an exclusive interaction on the sidelines of the company's annual .NEXT conference in Barcelona that Nutanix sees its India growth rate outpacing its projected global metrics for Annual Recurring Revenue (ARR) and profitability.
Wipro sees more top deck changes under CEO Pallia's watch
New chief executive Srinivas Pallia is undertaking changes in the senior management of IT major Wipro. This is part of multiple changes Pallia is bringing about since he took the helm earlier this year, after the abrupt exit of Thierry Delaporte.
Embracing Industry 4.0: Navigating business transformation trends in the digital age
Post-pandemic, the focus on Industry 4.0, Circular Value Chains, Autonomy via Edge Computing, and Demand-Driven Digital Supply Chains reshaped global business dynamics. India's leadership in AI, cybersecurity, and sustainable manufacturing practices highlights its commitment to digital transformation.
Japanese auto giant Toyota posts record net profit
Helped by a weak yen and strong hybrid vehicle sales, the Japanese giant's bottom line doubled to 4.94 trillion yen ($31.9 billion) in the year to March while revenues rose 21.4 percent to 45.1 trillion yen, also an all-time high.
Expedite sanction of Rs 387 crore for hybrid hearings, HC asks Delhi government
The bench, also comprising Justice Manmeet P S Arora, ordered that two pilot courts would be set up initially in each district to assess their performance before implementing the project in all other courts. The court's order came on a petition by lawyer Anil Kumar Hajelay, filed in 2021 during the COVID-19 pandemic, seeking various prayers including hybrid hearings in district courts.
Here's why experts don't think cloud seeding played a role in Dubai's downpour
Meteorologists and climate scientists said the extreme rainfall is akin to what the world expects with human-caused climate change, and one way to know for certain that it was not caused by tinkering with clouds is that it was forecast days in advance.
Google unveils Arm-based chip in fight with rivals to make cloud computing more affordable
The new custom silicon chip processor, which is already powering YouTube ads, Google Earth Engine and other Google services, will become available for customers later in 2024.
Potato prices in Bengal likely to ease to Rs 20-21/kg this week
Patit Paban De, senior member of the West Bengal Cold Storage Association, said there will be an estimated 10 per cent lower production of tubers, given the trend and reports of loading of crops in cold storages. "Till now, loading is only between 70-75 per cent on average. At the maximum, loading will not cross 80 per cent at best given the trend. Last year loading was 88-89 per cent," he said.
Toyota's hybrid-first strategy is delivering big profits
Toyota, once criticized for falling behind in electric vehicles, is now booming in sales and profits. American car buyers are turning to hybrids, and Toyota's deliberate pace is paying off. Toyota plans to increase hybrid production and release a range of electric vehicles by 2026.
Security and risk management spending in India to increase 12.4% in 2024, says Gartner report
The expected increase comes at a time when organisations are ramping up security spending due to legacy IT modernisation using cloud technology, demand for digital platforms, updated regulatory environment and continuing remote/hybrid work.
Ghost Kitchens India raises $5 million in funding led by Gujarat Venture Finance
Ghost Kitchens India, a cloud kitchen startup, raised $5 million in a Series A funding round led by Gujarat Venture Finance Limited. The startup operates brands like Khichdi Paradise, Wakka Makka, and Bhayankar Burgers in Mumbai, Ahmedabad, and 40 cities in India.
Xoriant acquires MapleLabs to expand its platform engineering capabilities
Consulting and IT services firm Xoriant, backed by ChrysCapital, acquires MapleLabs Inc to enhance platform engineering, product ideation, and cloud native application capabilities.
Jeff Bezos sells roughly $2 billion of Amazon shares
Amazon.com founder Jeff Bezos sold around 12 million shares of the online retail and cloud services firm for roughly $2 billion, according to a company filing on Friday, soon after laying out a plan to sell his shares over the next year.
Price rise, funding slump may dampen cloud kitchen growth
The earnings reports of the first two quarters of listed restaurant and food companies point to a broader trend of sluggish growth amid macroeconomic headwinds.
Cloud kitchen startup Curefoods reports fourfold jump in FY23 revenue, loss widens
The startup that runs brands like EatFit, CakeZone, Nomad Pizza, Sharief Bhai Biryani and Frozen Bottle posts a loss of Rs 342 crore on operating revenue of Rs 382 crore
Customers adopting cloud for growth rather than cost savings: Infosys report
Nearly two-thirds (65%) of firms surveyed used three or four cloud vendors, a 75% increase over the proportion who used three or four providers in 2021, the Infosys Cloud Radar 2023 report released on Thursday found. Over the past two years, the proportion of companies using a single cloud provider has decreased from 21% in 2021 to just 7% in 2023.
IBM renews collaboration with IIT Bombay and IISc to drive hybrid cloud & AI innovation
IIT Bombay joined the IBM AI Horizon Network in 2018 to advance AI research in India, and in 2021, IBM and IISc Bangalore launched the IBM-IISc Hybrid Cloud lab to advance research in hybrid cloud technologies and drive breakthrough innovations in this area.
India to see sharp increase in hybrid multicloud adoption by 2026: Nutanix
The Nutanix report said that hybrid multicloud usage in India at present is at 12% and expected to increase five-fold (to 63%) in the next three years.
Microsoft introduces next-generation hybrid cloud platform
According to a report in tech publication TechCrunch, the tech giant believes that modern network infrastructure will assist its telecommunications partners to improve and monetise their existing infrastructure while also lowering their overall cost of ownership.
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