IoT-related spending will be driven by modules and sensors According to the Worldwide Internet of Things (IoT) Spending Guide published by International Data Corporation (IDC), European organizations are projected to invest approximately $US227 billion in IoT technology in 2023. The report suggests that IoT-related spending in Europe will continue to…
Read More
Global public cloud platform providers are rapidly entering the low-code market In the era of digital transformation, the demand for accelerated app development and intelligent automation has led innovative enterprises to explore the potential of emerging technologies. According to a report by GlobalData, a leading data and analytics company, Microsoft…
Read More
Singapore and global CEOs look to embrace generative AI A comprehensive global study conducted by the IBM Institute for Business Value has unveiled that more than half of the CEOs surveyed in Singapore prioritize technology modernization as their top business concern. The study, titled “CEO decision-making in the age of…
Read More
Intruders also targeted servers with known vulnerabilities to obtain passwords Leading cloud-enabled security solutions provider, Barracuda, has released its latest Threat Spotlight report, revealing that cybercriminals continue to exploit businesses by relying on tried and tested tactics and long-standing security weaknesses. The report, based on three months’ worth of detection…
Read More
NaaS enters convertible note purchase agreement with LMR partners NaaS Technology Inc., the first U.S. listed electric vehicle (EV) charging service company in China, announced today that it has entered into a convertible note purchase agreement with LMR Partners Limited, a global multi-strategy investment fund. Under the agreement, LMR will…
Read More
Navigating proposed regulations for large Language model tools As lawmakers worldwide propose regulations and guidance on large language model (LLM) tools such as ChatGPT and Google Bard, Gartner, Inc. has outlined four essential areas for general counsel (GC) and legal leaders to prioritize. These areas will help organizations prepare for…
Read More
Private LTE/5G infrastructure revenues to reach $US5.2 billion worldwide In a recent forecast released by International Data Corporation (IDC), it was projected that global revenues for private LTE/5G infrastructure would surge to $US5.2 billion by 2027. This robust growth reflects a compound annual growth rate (CAGR) of 21 per cent…
Read More
Technological innovation at Asia new vision forum Tang Jiacai, Chief Information Officer of Ping An Bank, a subsidiary of Ping An Insurance (Group) Company of China, Ltd., took the stage at the prestigious Asia New Vision Forum, hosted by Caixin Global, to discuss the bank’s application of technology in supporting…
Read More
APAC electrified vehicle market is projected to reach 23.8 million units by 2026 The Asia-Pacific (APAC) region is set to experience a significant surge in the adoption of electric vehicles (EVs) over the coming years, driven by advancements in battery technology, the expansion of charging infrastructure, favorable government policies, increasing…
Read More
Reshaping the digital landscape in Southeast Asia PeaCom, an AI-powered start-up specializing in multi-channel communication and customer engagement solutions, has announced its official launch in Southeast Asia, beginning with Singapore, Vietnam, Myanmar, and Laos. The company aims to revolutionize the digital landscape by equipping businesses with innovative communication tools that…
Read More