A team of Romanian entrepreneurs, founders of Naratix, has created five robots based on artificial intelligence that work non-stop, reducing return rates by up to 60% and increasing the average order in online stores by up to 30%. The robot employees were developed in approximately 12 months, with an investment of €350,000, and by the end of the year, their […]

Schneider Electric, the leader in the digital transformation of energy management and automation, today announced a collaboration with NVIDIA to optimize data center infrastructure and pave the way for groundbreaking advancements in edge artificial intelligence (AI) and digital twin technologies. Schneider Electric will leverage its expertise in data center infrastructure and NVIDIA’s advanced AI technologies to introduce the first publicly […]

Milestone Systems, a leading provider of data-driven video management software, has decided to adopt and implement the G7 Code of Conduct for advanced Artificial Intelligence (AI) systems, becoming one of the first companies to do so. Thomas Jensen, CEO of Milestone Systems, says: “We need rules to ensure AI is being developed to serve humanity. But companies should not wait […]

The TEF (Testing and Experimentation Facility) programme planned for five areas – healthcare, industry, agri-food, energy and smart cities – aims to streamline the certification and testing of artificial intelligence and robotics solutions in real-world environments. The Portugal-led health consortium just launched the first call for applications dedicated to the founders from the European healthcare sector. This initiative is underscored […]

Teams of SoftServe engineers, one of the largest IT companies in Central and Eastern Europe, won two out of three challenges at the NATO TIDE Hackathon 2024 and earned the grand prize. The TIDE Hackathon is part of a series of events aimed at improving interoperability among NATO and Allied members through the search for innovative solutions and approaches. The […]

2023 saw many companies across the globe announcing layoffs amidst a continuous decline in job postings. Major players like JPMorgan Chase & Co, Ford Motor Co, SAP SE, Tesco Plc, Salesforce Inc, Cisco Systems Inc, and The Goldman Sachs Group Inc were among the companies that announced job cuts. Despite this, healthcare, foodservice, and construction witnessed an increased year-on-year (YoY) […]

Romania can achieve a considerable digitization advance in the coming years, especially in the public sector, if a de-bureaucratization process occurs. Although improvements have been made in this regard in recent years, additional investments are needed in the development of smart city projects to increase the quality of life of Romanians, show the conclusions of the debates on innovation and […]

New research from Schneider Electric, the leader in the digital transformation of energy management and automation, has revealed that almost half (45%) of industrial companies believe digitalization will be the primary reason that new operational technology (OT) job roles will be created in the next three years. The research, commissioned by Schneider Electric and carried out by global research leader […]

White Image, the first and largest email marketing company in Romania, estimates that the automation of the relationship with consumers will accelerate in the local market, leading to cost reductions and an increase in loyalty by up to 30%. The greatest impact is noted in areas such as financial banking, insurance, automobile, and e-commerce. Starting from the automation in the […]

CloudCart, a professional platform for creating online stores, is launching a campaign to raise 10 million euros in Series A funding by the fourth quarter of 2024. With stable financial forecasts, the company expects to exceed a turnover of 25 million euros over the next four years, utilizing its scalable business model and innovative AI solutions. Over the past three […]

Schneider Electric, the leader in the digital transformation of energy management and automation, today announced a technology collaboration with Hailo Technologies, a leading Artificial Intelligence (AI) chipmaker, to integrate Hailo’s advanced processors within Schneider Electric solutions. AI offers significant benefits in enhancing the performance, efficiency and capabilities of industrial automation systems, allowing industries across all segments to better position themselves […]

Intense, urgent demand for artificial intelligence (AI) capabilities – and the dueling pressure to reduce energy consumption, costs and greenhouse gas emissions – loom large over the data center industry heading into 2024. The proliferation of AI (as Vertiv predicted two years ago) along with the infrastructure and sustainability challenges inherent in AI-capable computing can be felt across the industry […]