Tag: AI

Artificial Intelligence to Become a Trillion-Dollar Industry by 2031

Artificial Intelligence to Become a Trillion-Dollar Industry by 2031

Despite a rocky start to the year for the tech sector, marked by geopolitical tensions shaking up global markets, the industry will continue to grow, though at a shifted pace. Artificial intelligence remains one of the biggest drivers behind that growth, and the market is set to reach a historic milestone in the following years.           […]

Read more ›
US tariffs drive enterprise IT shift toward cloud and AI-driven digital transformation

US tariffs drive enterprise IT shift toward cloud and AI-driven digital transformation

The US administration’s tariff policies are reshaping global trade dynamics, triggering uncertainty across industries. For the IT services market, this means supply chain disruptions, delayed hardware projects, and cautious enterprise spending. Yet, amid volatility, digital transformation remains a strategic imperative. Enterprises embracing cloud, artificial intelligence (AI), and automation are better positioned to adapt swiftly and sustain operational agility in an […]

Read more ›
Work Evolution Summit 2025:  The Future of Work Is Now

Work Evolution Summit 2025: The Future of Work Is Now

Life in Codes returns with the 2025 edition of Work Evolution Summit, taking place on May 20–21 in Bucharest — a bold continuation of Romania’s most relevant event dedicated to the evolution of work, technology, and the Atlassian ecosystem. Now in its second edition, the summit is quickly becoming the go-to platform for forward-thinking professionals who want to understand how […]

Read more ›
Phil Aboud Appointed as International CEO of M247 Europe

Phil Aboud Appointed as International CEO of M247 Europe

M247 Europe, a leading provider of cloud and data center services for local and international markets, announces the appointment of Phil Aboud as International CEO. He succeeds Martin Ford in leading the Bucharest team and will focus on expanding into new markets and implementing a strategic growth plan for the company’s data center footprint in Romania. M247 Europe has been […]

Read more ›
Endava: AI set to drive 44% growth in digital services revenue by 2029

Endava: AI set to drive 44% growth in digital services revenue by 2029

Digital services revenue is estimated to rise by 44%, expanding from 34% to nearly half (49%) of companies revenue by 2029, according to a report compiled from IDC surveys across Europe, Asia-Pacific region (APAC), and the Middle East demanded by Endava (NYSE ‘DAVA’), a leading technology services company combining world-class engineering, industry expertise, and a people-centric mindset. This shift is […]

Read more ›
Schneider Electric Appoints Pablo Ruiz Escribano as New Senior Vice President of its Secure Power and Data Center Business in Europe

Schneider Electric Appoints Pablo Ruiz Escribano as New Senior Vice President of its Secure Power and Data Center Business in Europe

Schneider Electric™, the global leader in energy management and automation, has today announced it has appointed Pablo Ruiz Escribano as the new regional Senior Vice President (SVP) of its Secure Power and Data Center Business in Europe. Pablo has been with Schneider Electric for 18 years. Since he first joined as a key account manager in 2007, Pablo has progressed […]

Read more ›
From Concept to Colleague: How We Built an AI Assistant That Works

From Concept to Colleague: How We Built an AI Assistant That Works

AI is revolutionizing how we work, making information more accessible and processes more efficient. Yet, as companies grow, so does the challenge of navigating an overwhelming amount of internal data spread across multiple platforms. At SoftServe, we listened to associates’ feedback around that and saw an opportunity to create an internal AI assistant that would simplify navigating corporate knowledge. by […]

Read more ›
Boston Consulting Group: Five Major Challenges for CEOs in 2025

Boston Consulting Group: Five Major Challenges for CEOs in 2025

The year 2025 is expected to bring significant challenges for the business environment and companies worldwide. Boston Consulting Group (BCG) highlights five of the most critical issues that nearly all business leaders will face this year. These challenges were identified based on discussions with over a thousand executives globally and are detailed in the report “Five Dynamics That Will Test […]

Read more ›
AI and cybersecurity drive SMB market

AI and cybersecurity drive SMB market

The small and medium-sized business (SMB) market is witnessing a growing emphasis on artificial intelligence (AI) and cybersecurity, with telecom service providers increasingly focusing on small office/home office (SOHO) businesses as the next key target. As AI and cybersecurity solutions gain traction, service providers are expanding their reach beyond mature markets, particularly in regions like Africa, Latin America, and Asia-Pacific, […]

Read more ›
Despite the challenging context in the IT sector, Devhd accomplished in 2024 a revenue growth of over 25% compared to 2023

Despite the challenging context in the IT sector, Devhd accomplished in 2024 a revenue growth of over 25% compared to 2023

Devhd – an innovative company focused on digital transformation solutions and services through AI, based on ServiceNow technology, achieved a revenue growth of over 25% in 2024 compared to last year, a result aligned with the initial financial estimations, despite less favorable macroeconomic and IT industry circumstances. “2024 was a crucial year for Devhd, marked by both significant achievements and […]

Read more ›
Foundever reveals the main trends in the customer experience sector for 2025

Foundever reveals the main trends in the customer experience sector for 2025

Foundever®, a global leader in customer experience (CX) solutions, has just released its latest annual study, “2025 CX Trends Report – From Buzzword to Business Case.” This study analyzes the main trends that will shape the sector in 2025, highlighting how the increasing capabilities of generative artificial intelligence (AI) are transforming customer experience from a technological promise into a strategic […]

Read more ›
AI Robotics to hit $64 Billion by 2030

AI Robotics to hit $64 Billion by 2030

The global demand for robotics has experienced considerable fluctuation in recent years, with the pandemic-driven sales boom followed by a plunge in 2022 and stagnation in 2024. However, the industry is set to recover significantly, with five years of double-digit growth ahead. AI robotics, the next big tech boom, will be a huge part of this growth. According to data […]

Read more ›