Cybercrime is one of the world’s largest industries and defending against it is one of the largest IT spends companies make these days. HPE’s 360-degree view of security is meeting that challenge. When we think of large, global industries, there are very few in the massive realm of trillions of dollars. The global healthcare industry, the global education market, the […]

Luxoft Romania, one of the largest software development and IT solutions companies in Romania, reached 2,000 employees in Bucharest and across the country, out of which almost 500 have chosen to work exclusively from home. By the end of the year, the company plans to recruit an additional 150 employees. Luxoft Romania is one of the first companies on the […]

Verifone Romania, a FinTech leader providing end-to-end payment and commerce solutions, is increasing its operations within the Innovation Center in Bucharest, formerly known as 2Checkout, which Verifone acquired in 2020. After a year of presence on the Romanian market, Verifone intensifies its efforts to grow the research and innovation team in the Romanian capital. Around 400 employees are currently working […]

The total addressable market size of business process outsourcing (BPO) services in India, in terms of spending opportunity, is set to grow at a compound annual growth rate (CAGR) of 5.8% between 2020 and 2025, driven by huge enterprise push for outsourcing knowledge-based and vertical-specific processes, says GlobalData, a leading data and analytics company. Pragyan Tarasia, Senior Technology Analyst at […]

The market for edge computing solutions is diverse and becoming ever more competitive. Edge computing opportunities are being targeted by IT infrastructure vendors, as well as telecoms network operators, cloud service providers, content delivery networks (CDNs) and systems integrators. GlobalData, a leading data and analytics company, has explored startups that have been targeting the emerging edge computing opportunities with innovative […]

Veeam® Software, the leader in backup, recovery and data management solutions that deliver Modern Data Protection, today announced the new update to its flagship product, Veeam Backup & Replication™, as well as multiple updates to its product portfolio that deliver enhanced cloud-native capabilities. Veeam Backup & Replication v11a follows the release of V11 in Q1’21. The most advanced data protection […]

Sypher is running a SeedBlink funding round, at the end of which it aims to raise €550,000. The round is led by Sparking Capital with €225,000 as lead investor and the majority shareholder of Romstal Group is contributing €100,000. Sypher is the local startup that developed the GDPR Virtual Assistant – a software platform that helps companies with GDPR compliance. […]

Oracle today announced the availability of the Oracle Exadata X9M platforms, the latest version of the industry’s fastest and most affordable systems for running Oracle Database. The new Exadata X9M offerings include Oracle Exadata Database Machine X9M and Exadata Cloud@Customer X9M—the only platform that runs Oracle Autonomous Database in customer data centers. Today, 87 percent of the Global Fortune 100 […]

A new study from Juniper Research has found that global smart grid deployments will lead to annual energy savings of 1,060 terawatt-hours by 2026, from 316 terawatt-hours in 2021. This is the equivalent of powering over 42 million 90-minute football matches at Wembley stadium. The research identified increased sustainability and energy security as critical to the appeal of smart grids, […]

Vodafone Romania will offer the best-ever lineup of iPhone including the innovative and elegant iPhone 13 Pro, iPhone 13 Pro Max, iPhone 13, and iPhone 13 mini. Redesigned inside and out, iPhone 13 Pro and iPhone 13 Pro Max introduce the most advanced pro camera system ever on iPhone, Super Retina XDR display with ProMotion, improved battery life, the Apple-designed […]

Hellenic Telecommunications Organization S.A. (“OTE”) announces that the sale of its 54% stake in Telekom Romania Communications S.A. (“TKR”) to Orange Romania has been successfully completed today. The final equity consideration reached €295.6mn. OTE anticipates distributing to shareholders approximately €174mn, in the form of extraordinary dividend and incremental share buybacks. The dividend distribution, subject to appropriate corporate approvals, is expected […]

CIOs and IT leaders are helping to lead finance transformation and shifting strategies to meet evolving business and technology demands, as 70% of them accelerated their finance transformation strategies by at least a year due to COVID-19, according to the Deloitte report “A More Effective CIO-CFO Partnership”, conducted in collaboration with Workday, a leader in enterprise cloud applications for finance […]