Cisco has announced a new research titled Roadmap to Digital Value in the Retail Banking Industry, which revealed that retail banks have the potential to realise $405.3 Billion from 2015 to 2017 as the Digital Value at Stake (VaS).
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AI will double the value of digital economy to $23 trillion: study
Artificial Intelligence (AI) could almost double the value of the global digital economy to $23 trillion by 2025 from $12.9 trillion in 2017, said a Huawei study.0 4404
Top speed
With around 10,000 vehicles under its control, Abdullah Abdulghani & Bros. demands a 360-degree view over its operations. Seeking a single platform that could segregate the company’s lines of business, director of IT Alexious Mulemba opted for an industry-specific solution to slash waiting times for customers.
SUSE, HPE introduce new data storage solution
SUSE and HPE have introduced a Scalable Object Storage Solution with SUSE Enterprise Storage, which according to both companies, can enable customers to effectively manage their problems of data storage at a massive scale.
Saudi Mechanical Industries deploys Epicor ERP
Epicor Software Corporation has recently announced that Saudi Mechanical Industries (SMI) implemented the next-generation enterprise resource planning (ERP) solution, Epicor ERP, to support its business.
Prudent policy
Recognising the need to reduce its reliance on paper-based processes, Kingdom of Saudi Arabia’s Wafa Insurance opted to deploy an enterprise content management solution to streamline its operations.
EMC shareholders back Dell deal
EMC shareholders have approved the company’s upcoming multi-billion dollar acquisition by Dell, setting the wheels in motion for what’s been coined as the biggest technology merger in the industry.
Etisalat launches virtual telecom function
Etisalat has announced that it successfully on-boarded its first virtualised telecom function using Affirmed Networks’ virtualised Evolved Packet Core (vEPC) solution, which follows the launch of its first NFV telco cloud.
DSO installs smart street solutions by Huawei
Dubai Silicon Oasis Authority (DSOA), the regulatory body for Dubai Silicon Oasis (DSO), the integrated free zone technology park, in collaboration with Huawei, has installed the first Smart Street Solution in the Middle East region at the high-tech park.
StarLink, Cylance sign distribution deal
StarLink has inked a distribution contract with Cylance, a cybersecurity company specialising in the use of artificial intelligence in preventing advanced persistent threats and malware.
Xerox Corporation announces new CEO
Xerox has announced that its board of directors appointed Jeff Jacobson as the new Chief Executive Officer for Xerox Corporation, the appointment will take effect upon the completion of the company’s planned separation into two publicly traded companies.