AHEAD – We Accelerate the Impact of Technology on Business

Digital transformation in today’s age is synonymous with business success. Understanding market trends, equipping the latest technologies, and strategizing form the core of a successful business. As one of the leading CISCO solution providers, AHEAD arms its clients with innovative solutions and support to deliver exceptional user experiences, help them adapt to digitalization, and unlock …

Import Compliance & Enforcement 2023 | 12th Advanced Forum

CIOCoverage is an official Media Partner with Import Compliance & Enforcement 20233 starting from November 7th 2023. Back by popular demand! Join U.S. imports/customs controls experts and supply chain professionals at ACI’s Advanced Forum on Import Compliance and Enforcement, taking place November 7–8, 2023, in Washington, D.C. Connect with an established community of global import …

Amazon Web Services, ISRO & IN-SPACe Team Up for Space Tech

Amazon Web Services (AWS) has inked a pivotal agreement with two key stakeholders in the nation’s space sector – the Indian Space Research Organization (ISRO) and the Indian National Space Promotion and Authorization Centre (IN-SPACe). The underlying ethos of this partnership is to infuse the vast capabilities of cloud computing into the world of space …

UK’s Second-Biggest City Birmingham Declares Bankruptcy

Birmingham, Britain’s second-largest city, declared bankruptcy on Tuesday. The announcement was followed by a notice to suspend all non-essential spending after being charged equal pay claims of £760 million (around $954 million). The city joins other UK councils like Thurrock, Northamptonshire, Slough, Woking, and Croydon in declaring bankruptcy. However, unlike other city councils that increased …

More than One in Five Cars Sold in EU in August were Full EVs

According to the European Automobile Manufacturers Association (ACEA), over a fifth of cars sold in the European Union were fully electric vehicles. Fully electric models accounted for 21% of the sales in the EU, making it the first time EVs constituted over a fifth of total sales in the union, despite being a slow number …

Machine Learning Algorithm Manages Supercomputer Datasets, Sets a New Record

Los Alamos National Laboratory researchers have made a breakthrough in the digital landscape by developing a new machine-learning algorithm. The algorithm can identify key characteristics of large datasets and factorize them into manageable batches. Its ability to resolve hardware bottlenecks by processing datasets surpassing a computer’s available memory, as evidenced by the test run on …

Latin America Becomes the Center of Amazon’s Largest Last-Mile Delivery

Amazon established its biggest last-mile delivery center and inaugurated the warehouse on Thursday in Mexico City. The e-commerce giant aims to provide fast deliveries in one of Latin America’s most densely populated cities. After launching in Mexico in 2015 and investing 52 billion pesos (around $3 billion) in expanding its consumer base to Latin America’s …

Infosys Signs $1.5 Billion Contract For 15 Years to Leverage AI Solutions

Infosys, one of India’s biggest tech firms, signed a $1.5 billion contract with a “global company” to use the company’s artificial intelligence (AI) solutions and platforms for a 15-year period. According to the deal, Infosys will leverage the company’s AI solutions to deliver world-class business services and digital experiences. “Infosys has entered into a memorandum …

European Commission Greenlights €8.1 Billion for Pioneering Tech Initiatives

The European Commission has sanctioned a significant €8.1 billion (approximately $8.7 billion) in state aid to spearhead cutting-edge technological advancements. This mammoth investment is primarily earmarked for the burgeoning sectors of microelectronics and communication technologies, which are viewed as cornerstones for Europe’s technological future. Amid a rapidly evolving global tech landscape, this latest move underscores …

Adobe Unveils AI features and Plans for Price Hikes

Adobe on Wednesday expanded its catalog with new generative artificial intelligence (AI) features and made them accessible to users. The company also announced plans to increase prices and pay contributors who contributed to developing and rolling out the AI features. The American software company released Firefly, its collection of generative AI tools and models, with …