Business

European Innovation Council Accelerator: new group of deep tech start-ups selected to get funding and investments

European Innovation Council Accelerator: new group of deep tech start-ups selected to get funding and investments

The 51 selected companies will together receive €260 million of funding in a combination of grants and equity investments A new set of 51 companies have been selected to receive European Innovation Council (EIC) funding, combining grants and equity, following the second 2023 EIC Accelerator cut-off in March. The companies were selected in a highly…
Telecom sector joins forces in call for new policies to drive EU connectivity leadership

Telecom sector joins forces in call for new policies to drive EU connectivity leadership

Policy change is urgently needed to create the right conditions for future European leadership in connectivity and prevent the continent from falling further behind its global competitors The GSMA and ETNO, industry associations representing fixed and mobile network operators, have called for European policymakers to take bold action to secure EU connectivity leadership over the…
How will the Critical Raw Materials Act impact Europe?

How will the Critical Raw Materials Act impact Europe?

At the EIT RawMaterials 2023 Summit, EU leaders underlined the importance of the Critical Raw Materials Act for Europe and explained how it will increase resilience and security Europe’s raw materials sector has huge economic potential that needs to be realised. The Critical Raw Materials Act will strengthen Europe’s technological advantage and allow Europe to…
BI-Technologies showcases its projects in Morocco at the 1st round of GITEX Africa 2023

BI-Technologies showcases its projects in Morocco at the 1st round of GITEX Africa 2023

The company offers a range of solutions including software to control sales and the work of delegates remotely, through the Sales Buzz application Egyptian company specializing in software and digital solutions in the Middle East and North Africa region announced its participation in GITEX Africa - Morocco, which will be held from 31 of May -2nd…
IBM to stop hiring for jobs that AI could do

IBM to stop hiring for jobs that AI could do

More mundane tasks such as providing employment verification letters or moving employees between departments will likely be fully automated IBM CEO Arvind Krishna said the company expects to pause hiring for roles it thinks could be replaced with artificial intelligence in the coming years. Hiring in back-office functions — such as human resources — will…
Unlocking the potential of natural language processing: Opportunities and challenges

Unlocking the potential of natural language processing: Opportunities and challenges

Dan O’Connell, the CSO & CRO at Dialpad, explains how businesses can leverage natural language processing to enhance a range of industries The demand for natural language processing (NLP) skills is expected to grow rapidly, with the market predicted to be 14 times larger in 2025 than in 2017. Businesses must have a firm understanding…
How Mobile Virtual Assistant Can Enhance Customer Experience for Telcos

How Mobile Virtual Assistant Can Enhance Customer Experience for Telcos

According to Grand View Research, the global artificial intelligence in telecommunication market size was valued at USD 679.0 million in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 38.4% from 2020 to 2027 With the booming popularity of San Francisco -based tech company OpenAI's ChatGPT and the recent launch…
In Uncertain Times, Double Down on Business Ecosystems

In Uncertain Times, Double Down on Business Ecosystems

They have enabled improved customer experience, connecting groups of companies to deliver products and services on shared digital platforms As companies today struggle to navigate global economic and political headwinds, some are responding by trimming their funding for digital ecosystems. This after years of uninterrupted expansion and generously funded forays into ecosystems to support the development…
40+ financial institutions with $136 trillion make largest ever request for corporate environmental data

40+ financial institutions with $136 trillion make largest ever request for corporate environmental data

The European Investment Bank (EIB), Storebrand and Aviva among 746 financial institutions requesting disclosure from companies as part of CDP's annual environmental impact questionnaire 746 leading financial institutions holding over US$136 trillion in assets are calling on more than 15,000 companies across the globe to disclose data on their environmental impact.  The request is in the…
Singapore’s Digital Empowerment to Boost People, Businesses

Singapore’s Digital Empowerment to Boost People, Businesses

The digital economy remains a bright light, boosting corporate growth and job prospects Digitalisation has changed how businesses run and how people live and work in Singapore. Even though the global socioeconomic slump has created new worries, the digital economy remains a bright light, boosting corporate growth and job prospects. As a result, the Ministry of Communications…