Category: Technology
Technology
Finnish telecom equipment manufacturer Nokia has reportedly announced to have started the production of 5G equipment in India. As per trusted sources, the company might also start manufacturing IP and Optics product lines in the country. Reportedly, Nokia’s manufacturing facility in Chennai is making New …
Technology
Mitsubishi Electric has reportedly announced to have developed a unique dot forming technology for precision when it comes to 3D manufacturing of parts active in the automotive and aerospace industries. As per credible sources, the technology is said to facilitate high-precision shaping through the amalgamation …
Technology
Visa has been developing a distributed ledger platform for business payments, known as Visa B2B Connect, since 2016 and is planning to launch it next year, reports have confirmed. The financial services company has recently announced an alliance with IBM for integrating Hyperledger Fabric into …
Technology
India’s largest digital payment service provider Paytm has reportedly launched a barcode-based smartphone payment service called PayPay in Japan. As per trusted sources, Paytm has formed a joint venture with Yahoo Japan Corporation and SoftBank Corporation to set up the payment service. Reportedly, PayPay Corporation …
Technology
IBM, a renowned multinational IT company based out of Armonk, New York, has reportedly announced that it is introducing AI OpenScale – the company’s new technology platform that tackles some key challenges related to Artificial Intelligence (AI) adoption. Reports cite, the platform addresses concerns over …
Technology
ST Engineering, Singapore’s integrated engineering group in aerospace, electronics, land systems and marine sectors has reportedly won a $5.5 million (S$7.5 million) contract from the government to pilot a smart lamp-post project in Singapore. Sources close to the matter claim that the project would include …
Technology
ServiceNow, a cloud service management company, has recently announced that it would acquire FriendlyData and integrate the natural language search technology developed by the startup into the apps on its Now platform. Apparently, acquiring FriendlyData is the latest move among the initiatives taken by ServiceNow …
Technology
Renowned German industrial manufacturing company Siemens AG has reportedly announced that it has invested in Varjo – a Finnish start-up that has developed virtual reality (VR) headsets which provide human-eye level details. Reports cite, Siemens aims to bring the VR technology into the heavy industry …
Technology
Amazon is reportedly expanding its efforts to put Alexa in smart-home applications by investing in a $6.7 million funding round for a California-based company Plant Prefab, which manufactures modules to be assembled into a home at a job site. The funding is being provided through …