The concept of IoT is hardly new, as most advanced manufacturers have been equipping their factories and warehouses with networked sensors for decades. It’s the connectivity between ‘things’ that drives today’s IoT discussions, as the exponential growth in IoT-connected devices creates network bottlenecks, bandwidth limitations, data latency, and increasing infrastructure costs when using traditional, hierarchical network architecture. Manufacturers require real-time […]

Siemens S.R.L., the local subsidiary of the world-renowned German technology group, has agreed to extend its existing lease with Genesis Property, thus securing its presence in West Gate Business District for the next five years. This significant contract extension underlines the importance and long-term benefits of the solid and sustainable collaboration with Genesis Property and serves as recognition by Siemens […]

Organizations of all sizes are increasingly falling victim to ransomware attacks and inadequately protecting against this rising cyberthreat. According to new data in the Veeam® 2023 Ransomware Trends Report, one in seven organizations will see almost all (>80%) data affected as a result of a ransomware attack – pointing to a significant gap in protection. Veeam Software, the leader in […]

The convergence of IT and operational infrastructures forces companies to find the appropriate protection solutions. Microsoft Defender for IoT improves the security of OT environments by ensuring asset management, threat identification and removal, and a proactive approach by detecting vulnerabilities that can be exploited by attackers. Protecting operational networks has become a necessity in the context of accelerated digitization of […]

Globalworth, the leading office investor in Central and Eastern Europe (CEE) and the leader of the Romanian office market, announces that it has signed an agreement with eMAG, CEE’s ecommerce shopping destination, to set up its headquarters as a tenant in the state-of-the-art building Globalworth Square in Bucharest, one of the highest-ranked buildings in Globalworth`s portfolio. The newly signed deal […]

According to International Data Corporation’s (IDC) Worldwide Augmented and Virtual Reality Spending Guide, European augmented reality and virtual reality (AR/VR) spending will reach $1.1 billion and $3.4 billion, respectively, in 2023. By 2027, AR/VR spending will reach $10.5 billion, growing at a 24.9% CAGR for 2022–2027. Though AR/VR spending has been revised down since the previous forecast due to high […]

Cegeka, a European ICT service provider with headquarters in Belgium, has announced its expansion to Greece with the opening of a new office in Athens. This new location will serve as Cegeka’s fourth country of their European Delivery Center after Romania, Moldova and the Czech Republic. In addition to Cegeka’s European Delivery Center regions, from where customers are serviced, Cegeka […]

The franchise market continues its growth at an accelerated pace in 2023, given the high interest of Romanians in opening a franchise business. Thus, in the first quarter of the year, approximately 30% more franchises were opened in Romania than in the first quarter of 2022, according to Franchwise, the largest consulting company in the field of franchises in Romania. […]

Spending on telecom services and pay TV services in Europe, the Middle East, and Africa (EMEA) increased by 2.4% year on year in 2022, reaching $449 billion, according to the Worldwide Semiannual Telecom Services Tracker published by International Data Corporation (IDC). IDC forecasts EMEA spending on telecom and pay TV services will increase by 2.7% this year and reach a […]

Encora, a global next-gen digital engineering provider, today announced that it has signed a definitive agreement to acquire Softelligence, a Romanian software engineering services provider, to establish Encora’s first delivery centers in Europe. Encora’s growing global presence enables the company to deliver nearshore services to clients in the Americas, Asia Pacific, Australia and now Europe as well.   “Softelligence is […]

Atos, a global leader in digital transformation, high-performance computing and information technology infrastructure, announces its revenue for the first quarter of 2023. Atos’ leadership team, Nourdine Bihmane, Diane Galbe and Philippe Oliva, declared: “Atos recorded a robust +2.8% organic revenue growth in Q1 with both businesses delivering on their 2023 priorities. Under its new commercial brand, Eviden reported another solid […]

Thoughtworks (NASDAQ: TWKS), a global technology consultancy that integrates strategy, design and engineering, today celebrates our 30-year anniversary of solving our clients’ most complex problems with the latest technology. From 2021, the company is also present in the Romanian market. With three offices, in Bucharest, Cluj-Napoca, and Iași, Thoughtworks has around 250 employees in Romania, most of them software development […]