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Persistent Systems and Microsoft Launch Advanced Generative AIPowered Population Health Management Solution

Persistent Systems and Microsoft introduced a stateoftheart Population Health Management PHM solution driven by Generative AI to improve patient care

Persistent Systems and Microsoft introduced a stateoftheart Population Health Management PHM solution driven by Generative AI to improve patient care and increase healthcare provider efficiency. The solution improves patient outcomes and care recommendations by identifying Social Determinants of Health SDoH from Electronic Health Records EHR data using Microsoft Azure OpenAI Service and Dynamics 365 Customer Insights. The system effectively improves healthcare outcomes by reducing emergency visits and readmissions by up to 60% through advanced predictive risk modelling and communitybased interventions. Persistent Systems, a longstanding partner, reiterates its dedication to providing cuttingedge digital solutions by utilising Microsoft platforms to promote operational effectiveness and individualised healthcare. Read More..

B2B Tech News | 2 years ago          

Max Life Insurance Achieves 70% Performance Boost with Oracle Exadata Database Service Migration

Application performance was increased by up to 70% when Max Life Insurance moved its crucial database workloads to Oracle Exadata Database Service on

Application performance was increased by up to 70% when Max Life Insurance moved its crucial database workloads to Oracle Exadata Database Service on Oracle Cloud Infrastructure OCI. In conjunction with relocating the core system, this action raised the uptime of business services to about 99% and enhanced system performance by almost 30%. Max Life complied with regulations and improved business continuity by utilising OCIs Hyderabad and Mumbai regions. Efficiency was maximised by using OCI solutions, such as compute and storage. This migration, completed in less than five months by Infolob Global, demonstrates Max Lifes dedication to using cloud technologies for scalability, agility, and enhanced customer experience, in line with Indias rapidly expanding insurance market and fostering corporate expansion. Read More..

B2B Tech News | 2 years ago          

Tata Consumer Products Quarterly Earnings Report Surpasses Expectations Despite Profit Dip

Following the release of the companys quarterly results report, traders are expected to watch Tata Consumer Products Ltd TCPL shares on Thursday. TCPL

Following the release of the companys quarterly results report, traders are expected to watch Tata Consumer Products Ltd TCPL shares on Thursday. TCPL reported betterthanexpected sales across all three categories, with a 10% yearoveryear rise despite a 17.3% yearoveryear reduction in net profit. Substantial operational success was shown by the 26% yearoveryear increase in EBITDA. With a target price of ₹1,305 per share, global brokerage firm Morgan Stanley kept its Overweight rating on TCPL despite its sales exceeding projections across all segments. With improvements in market share across several categories, TCPL witnessed a notable margin boost, primarily due to its Indiabranded food and beverage division. Notably, it maintained its market leadership in tea, and its ecommerce sales accounted for 10.7% of the companys India business. Read More..

B2B Tech News | 2 years ago          

Cohesity Acquires Veritas Data Protection Business in $7 Billion Deal

Cohesity, a provider of data security software, revealed on Wednesday that it had acquired Veritas data protection division for a reported $7 billion.

Cohesity, a provider of data security software, revealed on Wednesday that it had acquired Veritas data protection division for a reported $7 billion. With this transaction, Cohesity, backed by SoftBank Group, hopes to combine $1.6 billion in annual sales while expanding worldwide and achieving positive growth margins. Sanjay Poonen, the CEO, emphasised the benefits of combining AI innovation with rapid development and profitability. The agreement refutes rival Rubriks purported IPO intentions. Cohesity, which has funding from Haveli, Premji Invest, and Madrona, provides AIpowered software to help with data management and protection. Greg Hughes, the CEO of Veritas, will join the board, and Carlyle Group will roll over its investment, valuing Veritas business at over $3 billion. By years end, the acquisition is expected to be finalised. Veritas will create a new company to handle its remaining operations. Read More..

B2B Tech News | 2 years ago          

Western Oil Majors Return Over $111 Billion to Shareholders in 2023 Amidst Geopolitical Turmoil

The top five Western oil and gas companies gave shareholders approximately $111 billion in dividends and share repurchases in 2023, a little more than

The top five Western oil and gas companies gave shareholders approximately $111 billion in dividends and share repurchases in 2023, a little more than the $110 billion in 2022. With the current geopolitical unrest and economic instability, oil giants such as Exxon and Chevron have clarified that they are committed to reducing carbon emissions and generating more substantial profits. Investors have always prized oil majors for their consistent payouts, even if the expansion of the IT sector and environmental concerns have caused a fall in interest in the industry. The strategies used by the industry differ some companies, like BP and Shell, prioritise investing in lowcarbon and renewable energy sources, while others concentrate on increasing oil output. Read More..

B2B Tech News | 2 years ago          

Nvidias 40% Surge in 2024 Places It Close Behind Amazon and Alphabet in Market Value

After a spectacular 40% increase in 2024, Nvidias market capitalization reached $1.715 trillion, putting it just 3% below the value of Amazon $1.767 t

After a spectacular 40% increase in 2024, Nvidias market capitalization reached $1.715 trillion, putting it just 3% below the value of Amazon $1.767 trillion and less than 6% behind Alphabet $1.812 trillion. This increase indicates Wall Streets increasing excitement in artificial intelligence, with Nvidia emerging as a significant supplier of AI solutions. The bullish report from Morgan Stanley, which increased Nvidias price target to $750, bolstered investor confidence even further. Nvidia is one of the most valuable firms in the US stock market thanks to its supremacy in AI technology and the significant demand for its graphics processors from IT giants like Meta Platforms. Read More..

B2B Tech News | 2 years ago          

Arm Stock Soars Over 30% on Upbeat Sales and Profit Projections

Arms stock value increased by over thirty per cent when the company announced that its quarterly sales and earnings would exceed Wall Streets forecast

Arms stock value increased by over thirty per cent when the company announced that its quarterly sales and earnings would exceed Wall Streets forecasts. Arms market capitalization increased by around $26 billion due to more outstanding royalties from the increased demand for new chips designed for artificial intelligence applications. Since Arms IPO at $51 in September, the stock has quadrupled in value, now trading at $102.11. The companys plan to broaden its product line, especially in AIcentric processors, pays off as consumers show interest in laptops, smartphones, and data centre applications. Arm has raised projections for the fourth quarter in anticipation of robust growth in the automotive and artificial intelligence sectors. Read More..

B2B Tech News | 2 years ago          

AWS Launches AWS Space Accelerator India to Boost Space Tech Startups

In partnership with THub and Minfy, AWS has introduced AWS Space Accelerator India, a programme designed to assist companies in the space technology i

In partnership with THub and Minfy, AWS has introduced AWS Space Accelerator India, a programme designed to assist companies in the space technology industry. The goal of the 14week accelerator programme is to help Indian businesses specialising in space technology grow faster by offering them resources, knowledge, and direction. It provides business help, mentorship from ISRO and INSPACe, and up to $100,000 in AWS credits. By enabling them to develop and test ideas utilising AWS simulation tools, the programme aims to reduce capital expenditure and promote quick experimentation, therefore addressing issues encountered by space tech firms. Selected firms will learn about machine learning, cloud computing, data analytics, space domain technologies, and possible uses of generative artificial intelligence. This programme aligns with AWSs worldwide dedication to assisting startup innovation in the space sector. Read More..

B2B Tech News | 2 years ago          



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