Industry Updates

Industry Updates

Quantum computing company D-Wave releases open source qbsolve tool

Quantum computing company D-Wave has released an open-source, quantum software tool called qbsolv. Qbsolv is a metaheuristic or partitioning solver that solves a potentially large quadratic unconstrained binary optimization (QUBO) problem by splitting it into pieces that are solved either on...

Consumers would rather do dishes than shop in stores, finds Capgemini study

Consumers are growing frustrated with in-store shopping experience - with four in ten (40 percent) claiming shopping in-store is a chore, and a third (32 percent) saying they would rather be at home washing the dishes, according to a...

Alibaba Cloud opening four new data centers

Alibaba Cloud, the cloud computing arm of Alibaba Group, is opening four new data centers. A new facility in Dubai went online on Monday, with data centers in Frankfurt, Sydney, and Japan expected to go live by the end of this...

Oracle buys Dyn

Close on the heels of the Netsuite acquisition, Oracle has signed an agreement to acquire internet infrastructure services provider Dyn, for an undisclosed sum. “Oracle already offers enterprise-class IaaS and PaaS for companies building and running Internet applications and cloud services,”...

Infosys partners with Emirates NBD, ICICI Bank to launch UAE-India blockchain pilot

EdgeVerve Systems, a wholly owned product subsidiary of Infosys, banking group Emirates NBD, and ICICI Bank, launched a pilot project of blockchain network for international remittances and trade finance. Both, Emirates NBD and ICICI Bank run Finacle solutions suite, leveraging...

Mitsubishi develops automated design deep learning algorithm

Mitsubishi says it has developed a high-speed training algorithm for automotive deep learning that incorporates necessary inference functions for identification, recognition and prediction of unknown facts based on known facts. The new algorithm is expected to simplify the implementation of deep...

Only 1 in 5 organizations globally have cross-departmental digital strategy, finds SAP

Only one out of five organizations globally have implemented a digital strategy that encompasses the whole company, according to a new report released by SAP and The Economist Intelligence Unit. According to the report, there remains a significant gap in...

VMware, AWS collaborating to launch VMware Cloud on AWS

VMware and Amazon Web Services have inked a strategic alliance to build and deliver a jointly-architected solution called VMware Cloud on AWS. The solution will enable customers to run applications across VMware vSphere-based private, public, and hybrid cloud environments. VMware Cloud...

Raytheon developing human/machine interface for armored ground vehicles

Raytheon is developing technology that the company says will provide situational awareness to troops inside windowless armored vehicles, as part of the Defense Advanced Research Projects Agency (DARPA)'s Ground X-Vehicle Technologies (GXV-T) program. Raytheon is creating a three-dimensional model of the environment...

StartApp to develop digital experiences for Mattel

Mobile technologies company StartApp has inked a strategic collaboration with Mattel, in which StartApp will develop digital experiences for many of Mattel's brands, including Barbie and Hot Wheels. Under the multi-year agreement, StartApp will become Mattel's premier licensee to create digital stickers,...

Consumers will be able to exchange bonus points using Blockchain, says IBM

Consumers will be able to exchange bonus points from among any of the banks they do business with to select the rewards they want, said IBM in a statement. IBM China Research Lab and China UnionPay E-payment Institute have...

Lenovo working with Intel, Synaptics and PayPal for biometric web authentication

Lenovo, Intel, Synaptics and PayPal announced a collaborative effort to enable Lenovo customers to be able to authenticate to online FIDO-enabled services like PayPal by using a fingerprint instead of a password. The FIDO (Fast IDentity Online) Alliance is a...

W3C Lisbon Technical Plenary Meeting shows roadmap ahead for web

More than 550 experts in Web technologies gathered in Lisbon, Portugal this week to address challenges and opportunities for the future of the Web's technical roadmap and standardization work. Hosted by the World Wide Web Consortium (W3C), the annual...

Intel sees improving PC demand, raises Q3 revenue expectations

Intel says its third-quarter revenue is expected to be above the company's previous outlook. The company now expects third-quarter revenue to be $15.6 billion, plus or minus $300 million, as compared to the previous range of $14.9 billion, plus...

BlueJeans launches broadcasting integration with Facebook Live

Cloud-based video communication services BlueJeans Network is bringing interactive and large-scale broadcasting capabilities to Facebook Live. The service will let companies, create large-scale, interactive broadcast experiences for their own Facebook audiences, says the company.