Author: Lily Evans
If you talk to any high-tech industry leader who has launched as-a-service offerings, they'll tell you that Everything as a Service (XaaS) is unlike any other business model transformation. Rather than a one-time sales transaction, customers are signing up for long-term relationships that bundle services with the company's hardware or software products. XaaS often extends collaboration with partners who are also involved in service delivery. Companies need to think big at first, but they need to start small. “Moving to an as-a-service model enables organizations to improve their business operations, starting from product design and pricing, to synchronized order fulfillment,…
Beijing (AFP) – Chinese e-commerce giant Alibaba said on Tuesday its annual revenue rose slightly as the company undergoes a major overhaul and the country eases restrictions on its tech sector. Publication of: 2024/05/14 – 14:43 3 minutes The Hangzhou-based company is one of China's largest high-tech players, with operations spanning retail, digital payments, artificial intelligence, and entertainment.Alibaba posted revenue of 941.2 billion yuan ($130.4 billion) in the fiscal year ended March 31, an 8% increase from a year earlier, according to a statement.The statement also revealed that net profit increased 9% year-on-year to 71.3 billion yuan.Last year, Alibaba announced…
Chinese e-commerce giant Alibaba said on Tuesday its annual revenue rose slightly as the company undergoes a major overhaul and the country eases restrictions on its tech sector.The Hangzhou-based company is one of China's largest high-tech players, with operations spanning retail, digital payments, artificial intelligence, and entertainment. Alibaba posted revenue of 941.2 billion yuan ($130.4 billion) in the fiscal year ended March 31, an 8% increase from a year earlier, according to a statement. The statement also revealed that net profit increased 9% year-on-year to 71.3 billion yuan. Advertisement – SCROLL TO CONTINUE Last year, Alibaba announced plans to undergo…
A team of researchers implanted small devices in specific areas of the brain.Scientists have made “significant” progress in the field of reading people's minds.according to new york post, California researchers were able to decipher participants' thoughts into words with 79 percent accuracy. The device was developed by the T&C Chen Brain-Machine Interface Center at the California Institute of Technology and will help patients with speech and nonverbal disorders. These “voice decoders” act as brain-machine interfaces, capturing brain activity in our inner voices and translating it into language. This technology has become a hot topic for its high accuracy.This research nature…
An event that brings together engineers and their work from the banking technology field.M&T Tech hosted a growth conference last week where the company's technologists showcased what they've accomplished and come together to collaborate.More than 1,000 people accepted invitations to the third annual 71Tech conference to showcase technology solutions being developed within M&T's Tech Hub. The conference will contribute to Buffalo's growing but small tech scene. At Thursday's M&T Tech 71Conference, engineers showed off their work in an interactive session with booths set up in the lobby of Seneca One. michael petro The conference brings together M&T's business partners, but…
Blisce becomes the latest VC firm to launch a fund focused on climate change technology, with plans to raise up to €150 million (approximately $162 million). The company has hired investor Pierre-Edouard Bellion to lead the fund, and Too Good to Go co-founder Lucie Basch will support the fund as a venture partner. For those not familiar with Blisce, the Paris-based VC firm also has offices in New York and is best known as the investment vehicle of Alexandre Mars (pictured above). Mars is an entrepreneur turned philanthropist who founded several technology companies in the early 2000s and sold them…
Tech & AI LIVE London, which connects technology and AI leaders from across Europe, is hosting a one-day virtual event. Attendees will hear from him from companies such as EY, DXC Technology, ServiceNow, Ericsson, IBM, BCG, and Vodafone.Event attendees will be able to participate in interactive, high-energy panels and discover the latest initiatives, innovations, and trends through in-depth fireside chats covering AI, diversity and inclusion, and monetization.Click here to get your tickets.Digital transformation panelTo remain competitive in a rapidly evolving digital environment, businesses must adapt and leverage technology. Digital transformation panel Industry leaders from Bata, ServiceNow, and Kingfisher come together…
ChatGPT, developed by OpenAI, has emerged as a leader in the AI industry. Powered by a sophisticated GPT-4 model, this conversational AI captivated audiences around the world with its ability to generate human-like text and answer queries. Its applications range from drafting communications to debugging code, demonstrating a versatility that intrigues both tech giants and startups. Meanwhile, China's AI landscape is undergoing a seismic shift. The country, known for its rapid technology adoption and innovation, fosters a competitive environment for AI startups. As generative AI apps like ChatGPT gain traction, China's regulatory framework is tightening, requiring administrative licenses for AI…
The Indiana Tech baseball team kicked off the NAIA National Tournament by taking on the Indiana University Southeast Grenadiers in the first game of the Upland Bracket hosted by Taylor University. The Warriors were the victims of a miraculous turnaround, with the Grenadiers in first place with 14 wins and 11 losses. UPLAND, Ind. (WFFT) — The Indiana Tech baseball team began its NAIA National Tournament run by taking on the Indiana University Southeast Grenadiers in the first game of the Upland Bracket hosted by Taylor University. The Warriors were the victims of a miraculous turnaround, with the…
SIOUX CITY, Iowa (KCAU) — A recent vote by the Western Iowa Tech Community College (WITCC) Board of Trustees on Monday drew criticism from community members. The board recently approved a $3 million lawsuit settlement over allegations of human trafficking as part of the university's J1 visa program, which no longer exists. Monday's meeting was the first opportunity for public comment on the settlement since it was approved April 24. Local businessman Dave Bernstein was one of three people to speak to the board about the issue. He said there is concern in the community about where the $3 million…