Eviden, the Atos business leading in digital, cloud, big data and security, announces that 3 of its cybersecurity experts based in Romania took part in the largest international cyber defense exercise, ”Locked Shields 2023”, organized by the NATO Cooperative Cyber Defense Center of Excellence (CCDCOE). The exercise took place in Tallinn, Estonia, at the end of April. It brought together […]

Against the backdrop of high inflation, 75% of online retailers in Romania have as their main business objective the expansion of their product ranges, to meet consumer needs, satisfy customers’ desire for diversity, and increase sales, according to an analysis conducted by Limitless Agency, one of the largest digital marketing agencies in the local market. At the same time, to […]

New analysis by Brand Finance reveals that the world’s top 100 B2B brands account for USD2 trillion in brand value. Yet almost USD1 trillion of business value remains untapped by B2B brands, who lag behind B2C brands in terms of brand contribution to business value. The USD2 trillion in brand value of the top 100 B2B brands accounts for 12% […]

A proposed European law that could require communications companies, including WhatsApp, Signal and Facebook Messenger, to scan the contents of private and encrypted messages for child abuse material is likely to be annulled by the European Court of Justice, according to the European Union’s (EU) own internal legal advice. The controversial EU law, known as “chat control”, will allow governments […]

European spending on digital transformation (DX) is forecast to exceed $550 billion in 2023, a year-on-year increase of 15.9% from 2022. According to International Data Corporation’s (IDC) latest Worldwide Digital Transformation Spending Guide, DX spending in Europe will continue to grow in double digits till 2026, with a CAGR of 16.6% for 2021–2026. DX spending will be driven by investments […]

“As AI development affects nearly every aspect of our lives and its influence will further increase in the foreseeable future, member states must take concrete steps to ensure that people’s human rights are safeguarded in the design, development and deployment of AI systems” says Council of Europe Commissioner for Human Rights Dunja Mijatović in a report released today. In her […]

TotalSoft, one of the leading providers of business information systems in Central and Eastern Europe, and Sodexo Benefits and Rewards Services Romania (BRS), the leader of the local extra-salary benefits market, announce the signing of a partnership that improves the digital experience of employers in the recurrent process of administration and loading of meal cards offered to employees. The main […]

Kubeark, a next-generation platform specialized in software operations management, unveils its latest platform release that leverages the transformative potential of sky computing to empower enterprises to innovate and scale with unprecedented ease, regardless of their technology environment. Nowadays, enterprises face significant obstacles in streamlining operations and maintaining strict oversight of their resources in multi-cloud. With 85% of businesses utilizing up […]

MetaWealth, the Fintech startup with offices in Bucharest, Dublin and Toronto, has sold its first real estate asset to 153 retail investors from Romania, Cyprus, Austria, Switzerland, the UK, Denmark, Belgium, the Netherlands, the Czech Republic, Canada, Sweden, and Greece, for a combined value of USD 2.14 million. The sale, achieved in record time since MetaWealth first launched across the […]

Connections Consult (CC), a group of digital transformation companies listed on the AeRO Market of the Bucharest Stock Exchange, is primarily focused on its custom software development line in 2023. The company estimates total revenues of 15 million euros, of which 8 million euros will be generated solely by the software development segment. Connections Consult’s forecasts are based primarily on […]

The mobile network Vodafone GigaNetwork has been certified “Best in test” for the second consecutive year by the independent German auditor umlaut, part of Accenture, which sets industry standards through measurements of over 200 mobile networks in over 120 countries. This is the eighth consecutive year when Vodafone Romania‘s mobile network receives recognition by the German auditor. “In the current […]

The European Investment Fund (EIF) has signed a €5 million loan to Patria Bank, a Romanian lender specialised in financing small and microentrepreneurs with limited access to finance. The Tier II subordinated loan transaction, backed by InvestEU, will help strengthen Patria Bank’s capital position, thus facilitating further growth and development, with the ultimate goal of improving access to finance for […]