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Lenovo Unveils AIPowered Sustainability Advisor for Businesses

Lenovo uses artificial intelligence in its Intelligent Sustainability Solutions Advisor LISSA to help organisations choose sustainable IT purchases. T

Lenovo uses artificial intelligence in its Intelligent Sustainability Solutions Advisor LISSA to help organisations choose sustainable IT purchases. Throughout the IT lifespan, LISSA provides information on carbon emissions, which helps with packaging savings and selecting environmentally friendly solutions like TruScale Device as a Service. LISSA simulates solution routes and finds potential for emissions reduction with Generative AI to support IT decarbonisation targets. With 87% of CEOs realising that artificial intelligence may help with climaterelated problems, Lenovo wants to provide companies with datadriven sustainability insights and advice. In keeping with Lenovos pledge to achieve netzero emissions by 2050, Claudia Contreras, Executive Director of Global Sustainability Services at Lenovo, emphasises LISSAs function in directing IT procurement, enabling emission savings, and furthering sustainability goals. Read More..

B2B Tech News | 1 years ago          

AWS to Open Cloud Regions in Southeast Asia, Meeting Growing Demand for Local Data Storage

In response to customer demand for safe local data storage, Amazon Web Services AWS is expanding cloud regions throughout Southeast Asia, as Chief Tec

In response to customer demand for safe local data storage, Amazon Web Services AWS is expanding cloud regions throughout Southeast Asia, as Chief Technology Officer Werner Vogels of Amazon highlighted. Vogels emphasised how crucial it is to comply with regional data storage regulations and safeguard clients personally identifiable information, including startups, major corporations, and governmental organisations. He underlined the importance of technology in place to aid in attempts to undergo a digital transformation, especially for government organisations that assist residents. AWS has made significant investments in nations like Malaysia to help them achieve their goals for a digital economy. Vogels emphasised that AWS places a high premium on security, with solid security measures in place to safeguard customers data in cloud regions. Read More..

B2B Tech News | 1 years ago          

TCS and AWS Forge Strategic Partnership for Accelerated Cloud Transformation

Amazon Web Services AWS and Tata Consultancy Services TCS have teamed to accelerate clients cloud transition projects. Through this strategic partners

Amazon Web Services AWS and Tata Consultancy Services TCS have teamed to accelerate clients cloud transition projects. Through this strategic partnership, TCS can use AWS data and generative artificial intelligence technologies to support fullstack digital transformation. The partnership involves exploiting cloudnative capabilities, giving clients tools for contemporary architecture, enabling modernization at scale across various industries, including manufacturing, finance, and healthcare. AWS will also help TCS upskill 25,000 employees, guaranteeing creative solutions. This endeavour highlights the strengthening strategic alliance between TCS and AWS. It reaffirms its dedication to providing allinclusive cloud services, including migration, application modernization, and AIdriven solutions. Read More..

B2B Tech News | 1 years ago          

Nigeria Seeks $2.25 Billion Loans from World Bank to Address Economic Challenges

Following the IMF/World Bank spring meetings, Nigerias Finance Minister, Wale Edun, declared that the country is seeking loans from the World Bank tot

Following the IMF/World Bank spring meetings, Nigerias Finance Minister, Wale Edun, declared that the country is seeking loans from the World Bank totalling up to $2.25 billion. The loans total $750 million for programforresults funding and $1.5 billion for development policy financing. The government also intends to sell bonds for the diaspora to raise foreign cash. The request will be approved during the June meeting of the World Bank board. Even with recent moves to cut back on government borrowing from the central bank, Nigeria continues to have difficulties with high levels of debt, unemployment, and shortages of foreign money, all of which are reflected in the devaluation of the Naira versus the US dollar. Read More..

B2B Tech News | 1 years ago          

TI Projects Q2 Revenue Above Estimates, Reflecting Improved Demand for Analog Chips

Texas Instruments TI reported secondquarter revenue that was higher than expected, indicating that the companys analogue semiconductors are in higher

Texas Instruments TI reported secondquarter revenue that was higher than expected, indicating that the companys analogue semiconductors are in higher demand as sales of consumer devices continue to rise. This optimistic view suggests that inventory adjustments for analogue chips may become less frequent. Digitaltophysical communication and device powering are made possible by TIs processors. Sales decreases may still occur in the analogue industry, but prospects for more normal seasonal demand in the following quarters are promising. TIs outlook is positive, with a midpoint sales prediction of $3.8 billion for Q2, above analyst forecasts of $3.77 billion. Analysts see this estimate favourably, speculating that industries such as automotive may be rebounding and that downturns in some segments, including the automobile sector, may not be as bad as expected. Read More..

B2B Tech News | 1 years ago          

IBM Nears Acquisition of Cloud Provider HashiCorp, Stock Surges by 24%

HashiCorp is a provider of cloud software, and a person with knowledge of the situation said that IBM is nearing the acquisition. After the Wall Stree

HashiCorp is a provider of cloud software, and a person with knowledge of the situation said that IBM is nearing the acquisition. After the Wall Street Journals first article, the news led HashiCorps shares to jump by 24%, hitting a market value of $6.1 billion. To increase the scope of its cloud solutions, IBM has prioritised acquisitions under CEO Arvind Krishna. This is particularly relevant in light of the growing need for generative artificial intelligence, which gains from cloud softwares capacity to handle massive amounts of data. Californiabased HashiCorp, which helps clients set up and maintain their cloud infrastructures, had a 22.5% increase in sales to $583.1 million for the year that ended on January 31. Even if a deal may be sealed shortly, the negotiations might not result in a sale. Read More..

B2B Tech News | 1 years ago          

Googles €600 Million Investment in Groningen Data Center Set to Boost Job Opportunities

Google, which Alphabet owns, said on Tuesday that it will be investing 600 million euros, or $640.62 million, in a new data centre in Groningen, Nethe

Google, which Alphabet owns, said on Tuesday that it will be investing 600 million euros, or $640.62 million, in a new data centre in Groningen, Netherlands. It is anticipated that this investment will lead to the creation of 125 new jobs. Google has invested more than €3.8 billion in data centres and related digital infrastructure in the Netherlands in the past eight years. The firm underscored its dedication to putting sustainability first and encouraging a positive influence on the neighbourhood during the new data centres development and operation. Read More..

B2B Tech News | 1 years ago          

CocaCola Inks $1.1 Billion Deal with Microsoft for Cloud Computing and AI Services

Microsoft said on Tuesday that CocaCola has agreed to use its cloud computing and artificial intelligence services under a fiveyear, $1.1 billion cont

Microsoft said on Tuesday that CocaCola has agreed to use its cloud computing and artificial intelligence services under a fiveyear, $1.1 billion contract. As part of the deal, users can construct chatbots and other AI services on Microsofts Azure cloud platform using technology from OpenAI, a Microsoftbacked firm that created ChatGPT. This will involve cooperative experimentation with Azure OpenAI. In 2020, CocaCola signed a $250 million, fiveyear contract to use Microsofts corporate and cloud services. Under the terms of the new deal, CocaCola will investigate Microsofts Copilot products to boost efficiency, including AI tools for generating business presentations and summarising email exchanges. CocaCola will also compete with Salesforce by increasing the use of Microsoft software for sales professionals, such as Dynamics 365. Microsoft did not disclose financial information about the distribution of the $1.1 billion. Read More..

B2B Tech News | 1 years ago          



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Refresh Your Facts

1.  Global online sales are predicted to reach 22% of all retail sales in 2023.
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2.  Global tablet shipments are expected to hit 142 million by 2025, reports Statista.
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3.  Artificial Intelligence is expected to contribute $15.7 trillion to the economy by the year 2030.
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4.  Since the launch of the popular mobile game, Candy Crush, in 2012, players have spent a total of 73 billion hours (equivalent to 8.3 million years) playing this game.
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5.  Approximately 8 billion gadgets connect on the internet every day.
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