Tag Archives: AI

Accenture Expands AI and SAP Capabilities with Acquisition of Camelot Management Consultants

(IN BRIEF) Accenture has completed its acquisition of Camelot Management Consultants, a German firm specializing in SAP, supply chain, and data analytics consulting. This acquisition, first announced in July, enhances Accenture’s SAP and AI-driven supply chain capabilities, allowing it to … Read the full press release

ZEISS Summit in Berlin Showcases AI and Automation Innovations for the Future of Manufacturing

(IN BRIEF) ZEISS hosted its first-ever “Quality Innovation Summit” in Berlin, bringing together 2,000 industry leaders, experts, and innovators to discuss advancements in metrology, AI, automation, and digitalization. Over three days, participants engaged in panel discussions, explored cutting-edge technologies in … Read the full press release

BBVA Recognized as a Global Leader in AI, Ranking 13th Among Top Banks Worldwide

(IN BRIEF) BBVA has been ranked as the 13th most advanced bank globally in artificial intelligence (AI) by the Evident AI Index, which assesses AI and data integration in the world’s top 50 banks. BBVA ranks first in Spain and … Read the full press release

Global Finance Leaders Show Optimism, Emphasizing Innovation and Adaptation in SIX Future of Finance Study

(IN BRIEF) The SIX Annual Future of Finance Study reveals that 53% of global financial executives are optimistic about economic improvement in the coming year, though many recognize the need for strategic adjustments to harness growth opportunities. Key growth drivers … Read the full press release

GSK and Cambridge University Join Forces with £50 Million Investment to Tackle Kidney and Respiratory Diseases Using AI

(IN BRIEF) GSK and the University of Cambridge have announced a £50 million, five-year collaboration called the Cambridge-GSK Translational Immunology Collaboration (CG-TIC) to accelerate research and development in kidney and respiratory diseases. The initiative combines GSK’s expertise in immunology and … Read the full press release

OLAF and AFCOS Strengthen Cooperation to Combat Fraud at International Conference

(IN BRIEF) The European Anti-Fraud Office (OLAF) hosted a conference in Brussels with representatives from national Anti-Fraud Coordination Services (AFCOS) across the EU and candidate countries to enhance cooperation in fighting fraud. The event emphasized the need for collective action … Read the full press release

Indra and Barcelona Supercomputing Center Join Forces to Strengthen European Technological Sovereignty with Advanced Dual-Use Technologies

(IN BRIEF) Indra and the Barcelona Supercomputing Center (BSC) have signed an agreement to collaborate on developing dual-use technologies, including supercomputing, AI, and quantum systems, aimed at boosting Spain’s and Europe’s technological sovereignty. This partnership will focus on advancing key … Read the full press release

Ericsson Wins 5G Contract with Chunghwa Telecom to Modernize Network and Boost Energy Efficiency

(IN BRIEF) Ericsson has secured a major 5G contract with Chunghwa Telecom, Taiwan’s leading service provider, to modernize its mobile network with energy-efficient 5G Radio Access Network (RAN) solutions. The contract includes the deployment of cutting-edge technologies like the dual-band … Read the full press release

Ericsson Expands R&D Focus in India to Boost 5G Innovation with Network APIs and AI

(IN BRIEF) Ericsson is expanding its R&D efforts in India, focusing on Network APIs and AI technologies to enhance 5G capabilities. These APIs will allow developers and industries to leverage advanced 5G features like network slicing and quality on demand. … Read the full press release

Nagarro Strengthens Data and AI Leadership with Select Partner Status in Databricks Program

(IN BRIEF) Nagarro has achieved Select Partner status in the Databricks Partner Program, emphasizing its expertise in data-driven innovation and AI-powered transformation. The recognition highlights Nagarro’s ability to help businesses, especially in sectors like manufacturing, retail, and healthcare, harness data … Read the full press release

AI to Revolutionize Pancreatic Cancer Detection: TU/e Researchers Lead the Charge

(IN BRIEF) Researchers at Eindhoven University of Technology (TU/e) are developing AI-based solutions to improve the detection and treatment of pancreatic cancer, a highly deadly form of cancer. EngD candidate Victoria Bruno and PhD candidate Terese Hellström are collaborating with … Read the full press release

Stellantis Drives Manufacturing Innovation with AI and Sustainable Solutions at Factory Booster Day

(IN BRIEF) Stellantis is advancing its manufacturing processes through AI-driven innovations and sustainable solutions, as showcased at its ninth annual Factory Booster Day on September 18, 2024, in Turin, Italy. The event featured over 60 partners and 93 new technologies … Read the full press release

Eviden Secures Multi-Million Euro Contract to Boost Berzelius Supercomputer’s AI Performance at Linkoping University

(IN BRIEF) Eviden, part of the Atos Group, has secured a multi-million euro, four-year contract to enhance the Berzelius supercomputer at Linkoping University, Sweden. The upgrade will add 512 PetaFlops of FP8 AI performance through the integration of 16 NVIDIA … Read the full press release

Deutsche Telekom Unveils Green AI Principles to Boost Sustainability Efforts

(IN BRIEF) Deutsche Telekom has introduced nine green AI principles aimed at reducing the environmental impact of artificial intelligence while enhancing its benefits. These principles focus on energy efficiency, sustainable coding, and transparent carbon tracking. Already, Deutsche Telekom is using … Read the full press release

Otto Group Becomes First in Europe to Implement Boston Dynamics’ Stretch Robot for Logistics

(IN BRIEF) The Otto Group has integrated Boston Dynamics’ Stretch robot into its logistics operations, becoming the first in Europe to do so. The robot is designed to autonomously unload containers, increasing efficiency and addressing labor shortages. This move is … Read the full press release

Unilever Partners with Accenture to Pioneer New Benchmarks in Generative AI-Driven Efficiency

(IN BRIEF) Unilever and Accenture are enhancing their partnership to set a new benchmark in generative AI-driven productivity. Through a multi-year program, Unilever aims to build on its existing AI applications and leverage Accenture’s GenWizard platform to drive efficiencies, cost … Read the full press release

AI Breakthrough Unveils New Viral Protein Structures, Paving the Way for Enhanced Vaccine Development

(IN BRIEF) Scientists at the MRC-University of Glasgow Centre for Virus Research and the University of Sydney have utilized advanced AI technologies, specifically AlphaFold and ESMFold, to map the protein structures of numerous viruses from the Flaviviridae family, which includes … Read the full press release

Cleareye.ai and Lloyds Bank Forge Groundbreaking Partnership to Modernize Trade Finance with AI

(IN BRIEF) Cleareye.ai has partnered with Lloyds Bank to enhance trade finance operations through advanced AI technology. Starting this month, Lloyds Bank will use Cleareye.ai’s ClearTrade platform, which employs optical character recognition (OCR), machine learning, and natural language processing to … Read the full press release

Scout24 Appoints Gertrud Kolb as CTO to Lead AI and Tech Innovations at ImmoScout24

(IN BRIEF) Scout24 SE, the company behind the digital real estate platform ImmoScout24, has appointed Gertrud Kolb as its new Chief Technology Officer (CTO). With over 20 years of experience in technology and product management, Kolb will be responsible for … Read the full press release

Safran Strengthens AI Capabilities with Acquisition of Preligens

(IN BRIEF) Safran has acquired Preligens, an AI company specializing in defense and aerospace analytics, for €220 million. Preligens will be rebranded as Safran.AI and integrated into Safran Electronics & Defense. This acquisition strengthens Safran’s AI capabilities, particularly in surveillance … Read the full press release

Revolutionizing Post-Heart Surgery Care with AI: Virtual Assistant Enhances Patient Monitoring

(IN BRIEF) A Spanish hospital has successfully used an AI-powered virtual voice assistant, LOLA, to monitor patients after heart surgery, leading to early detection of complications and high patient satisfaction. This innovative approach has allowed for quicker hospital discharges and … Read the full press release

Energy Industry Embraces AI, But Digital Divide Grows Among Companies, DNV Survey Reveals

(IN BRIEF) A DNV survey reveals that nearly half of senior energy professionals plan to integrate AI-driven applications into their operations within the next year. The survey also highlights a growing divide between “Digital Leaders,” who are excelling in digitalization … Read the full press release

Nokia and TM Collaborate to Enhance Malaysia’s Optical Network, Driving AI and Hyperscaler Connectivity

(IN BRIEF) Nokia has partnered with TM (Telekom Malaysia) to enhance its international optical network using advanced DWDM technology. This upgrade will support the growing demand for high-speed, low-latency connectivity driven by hyperscalers and cloud-based services. The new network will … Read the full press release

Wolters Kluwer’s CCH Tagetik Platform Maintains Leadership in Supply Chain Planning with Advanced AI Innovations

(IN BRIEF) Wolters Kluwer has been named a Leader in the Nucleus Research Supply Chain Planning Technology Value Matrix for the fourth consecutive year. The company’s CCH Tagetik platform is recognized for its integration of supply chain, financial, and operational … Read the full press release

Wolters Kluwer Launches AI-Enhanced OneSumX Reg Manager to Streamline Regulatory Compliance for U.S. Insurers

(IN BRIEF) Wolters Kluwer Compliance Solutions has launched the AI-powered OneSumX® Reg Manager to help small to medium-sized U.S. insurance carriers manage regulatory changes more effectively. Part of the OneSumX portfolio, this new tool provides automated tracking of regulatory updates, … Read the full press release

Sainsbury’s Enhances Shopping Experience with NCR Voyix Technology Partnership

(IN BRIEF) Sainsbury’s has partnered with NCR Voyix in a seven-year agreement to enhance its shopping experience and support its business strategy. The partnership involves upgrading 22,500 checkouts with advanced NCR Voyix technology, including AI-powered self-checkout systems and real-time analytics. … Read the full press release

GFT Surpasses Competitors with Third Consecutive Year of Growth in ISG Provider Lens™ Rankings

(IN BRIEF) GFT has achieved its third consecutive year of improvement in the ISG Provider Lens™ – Google Cloud Partner Ecosystem 2024 report, positioning itself as a leader in Data Analytics and Machine Learning, and Implementation and Integration Services in … Read the full press release

SAP SE Announces Leadership Changes Amid Strategic Shift Towards AI and Suite Integration

(IN BRIEF) SAP SE has announced that Executive Board Members Scott Russell and Julia White will be stepping down, effective August 31, following a mutual agreement with the SAP Supervisory Board. Scott Russell, Chief Revenue Officer, has significantly contributed to … Read the full press release

Empa Contributes to SATW Study on AI’s Role in Mitigating Climate Change in Switzerland

(IN BRIEF) A study by the Swiss Academy of Engineering Sciences (SATW), co-authored by Empa researcher Gerrit Kuhlmann, highlights how artificial intelligence (AI) and satellite-based earth observations can help reduce the impact of climate change in Switzerland. The study suggests … Read the full press release

Stadtwerke Stuttgart’s New Headquarters Sets Benchmark for Smart, Sustainable Urban Energy Solutions

(IN BRIEF) Siemens Smart Infrastructure and Stadtwerke Stuttgart GmbH have partnered to promote sustainable urban energy in Stuttgart. The newly inaugurated Stadtwerke Stuttgart headquarters showcases advanced building and energy management systems using Siemens Xcelerator applications. These systems connect buildings and … Read the full press release

Kembara Fund I FCR Secures €350 Million EIF Commitment to Drive Deep Tech and Climate Innovation

(IN BRIEF) Kembara Fund I FCR, a €1 billion deep tech and climate-focused fund managed by Spain-based Alma Mundi Ventures, has secured a €350 million commitment from the European Investment Fund (EIF). As the first Spanish fund to be selected … Read the full press release

Vodafone Business and LSE Report Highlights Trust Gap Between Businesses and Customers

(IN BRIEF) A joint study by Vodafone Business and the London School of Economics has uncovered a significant “Trust Gap” between businesses and their customers, averaging 11 percentage points across global markets. This gap highlights businesses’ underestimation of the importance … Read the full press release

Lightsource bp Harnesses AI to Revolutionize Renewable Energy Solutions

(IN BRIEF) AI is crucial in scaling up the renewable energy industry, with Lightsource bp leveraging AI to address challenges like grid stability and asset protection. AI supports accurate forecasting, risk mitigation from extreme weather, and optimized site design. Lightsource … Read the full press release

KUKA and Swisslog Showcase AI Advancements in Robotics and Logistics, Addressing Challenges in Automation

(IN BRIEF) KUKA and Swisslog recently highlighted advancements in AI integration for robotics and logistics during a virtual press conference. KUKA showcased an AI chatbot simplifying robot programming through voice commands, while Swisslog presented ItemPiQ, an AI-driven robot enhancing product … Read the full press release

EY Implements Microsoft Dynamics 365 Sales Globally, Aiming for 100,000 Users by 2025

(IN BRIEF) EY has launched a global deployment of Microsoft Dynamics 365 Sales and Copilot for Sales across its organization, aiming to reach 100,000 professionals in 700 offices across 150 countries by January 2025. This initiative positions EY as one … Read the full press release

SAS and Maxwell Centre at University of Cambridge Forge Groundbreaking Collaboration in Healthcare Innovation

(IN BRIEF) SAS and the Maxwell Centre at the University of Cambridge are teaming up to propel healthcare innovation with advanced analytics. This partnership aims to integrate SAS expertise and its SAS® Viya® data and AI platform into the University’s … Read the full press release

Atos Subsidiary Eviden Collaborates with Microsoft to Expedite SAP S/4HANA Migration

(IN BRIEF) Atos Group’s subsidiary, Eviden, announces a strategic collaboration with Microsoft to accelerate the adoption of “RISE with SAP” on Microsoft Azure. This partnership aims to establish a Dedicated Service Unit within Eviden, leveraging their combined expertise to facilitate … Read the full press release

SWIFTT: A Copernicus-based forest management tool to map, mitigate, and prevent the main threats to EU forests

The solution will increase forest management productivity and cost-effectiveness, and enable forest managers, authorities, and policymakers to deal with forest threats proactively (IN BRIEF) Insect outbreaks, wildfires, and windthrow pose significant threats to European forests, exacerbated by climate change-induced extreme … Read the full press release

WickedBet Unveils Exciting Euro 2024 Promotion with Boosted Odds

(IN BRIEF) WickedBet introduces a special promotion for Euro 2024, offering enhanced odds on selected matches throughout the tournament from June 14th to July 14th. Each day, WickedBet will spotlight a match, boosting the odds on either game outcomes or … Read the full press release

EY US and Docusign Collaborate to Transform Agreement Workflows and Boost Efficiency

(IN BRIEF) Ernst & Young LLP (EY US) has partnered with Docusign to revolutionize agreement processes, offering advanced technology solutions that convert agreement data into actionable insights. Through this alliance, businesses can streamline contract review cycles and enhance productivity organization-wide. … Read the full press release