Tag: AI

True People: The success rate of AI in recruitment exceeds 80%. Traditional job platforms, continuously declining in efficiency

True People: The success rate of AI in recruitment exceeds 80%. Traditional job platforms, continuously declining in efficiency

The success rate of AI-based tools in finding suitable candidates can reach 80%-100% in the hands of an experienced recruiter, according to data from True People, a technology-enabled headhunting company. At the same time, the performance of traditional job platforms and application tracking systems in finding candidates is continuously declining. “Technology has become an essential tool in the recruitment process […]

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Digital transformation projects through hyperautomation

Digital transformation projects through hyperautomation

DRUID, a global leader in conversational AI technology for enterprise productivity, enters a multi-year strategic partnership with ROBOYO, the world’s largest hyperautomation professional services company. This collaboration will make full use of ROBOYO’s full automation technology portfolio and consulting expertise and DRUID’s conversational AI technology layer to enable both companies to deliver results and value automation transformation projects for various […]

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ENISA study: Public sector most at risk

ENISA study: Public sector most at risk

In the 10th edition of its ENISA Threat Landscape (ETL), the EU’s cybersecurity agency explicitly warns of increasing threats from hacking attacks on public sector entities. Around a quarter of all security related incidents target administrative or government entities, the ENISA study reports – making the public sector nearly twice as much at risk as hosters and providers, who come […]

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White Image: To cope with the predicted economic crisis, retailers will make more effective use of existing data, artificial intelligence and other technologies

White Image: To cope with the predicted economic crisis, retailers will make more effective use of existing data, artificial intelligence and other technologies

In 2023, retailers expect a 10% increase in sales of products or services compared to last year, as artificial intelligence and other emerging technologies will be used more intensively to attract customers and promote brands, shows an analysis made by White Image, the largest email marketing agency in Romania. At the same time, the company emphasizes that retailers are preparing […]

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Vatis Tech announces new funding round, as the company increased revenues 10 times last year

Vatis Tech announces new funding round, as the company increased revenues 10 times last year

During the last 15 months, the company raised 850,000 euros in funding. Romanian company Vatis Tech (https://vatis.tech/) announces a new funding round worth 650.000 euros. Existing investors led the round – Early Game Venture and Sparking Capital funds and Mălin Ștefănescu as an angel investor. Other private investors have also joined the current round. Vatis Tech is widely known for […]

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Latest Thoughtworks Looking Glass announces the impact of technology on business transformation in 2023 and beyond

Latest Thoughtworks Looking Glass announces the impact of technology on business transformation in 2023 and beyond

Thoughtworks (NASDAQ: TWKS), a global technology consultancy that integrates strategy, design, and engineering to drive digital innovation, released Looking Glass, a guide to the critical technology-driven shifts set to shape business in 2023 and beyond. “The new Looking Glass guide points out trends in the IT&C industry and gives us a much clearer picture of the impact that technology has […]

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Vatis Tech goes beyond global giants by reaching a record accuracy of up to 95% in challenging areas for speech-to-text technologies

Vatis Tech goes beyond global giants by reaching a record accuracy of up to 95% in challenging areas for speech-to-text technologies

Over 2.3 million notes have been transcribed by using this Romanian technology so far.   The voice recognition technology based on artificial intelligence developed by the Romanian startup Vatis Tech (https://vatis.tech/) for Romanian is reaching new milestones. The company announces the launch of new transcription models, designed for specific termed areas, such as medical or legal, but also for call […]

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Introducing Make-A-Video: An AI system that generates videos from text

Introducing Make-A-Video: An AI system that generates videos from text

Make-A-Video builds on Meta AI’s recent research in generative technology and has the potential to open new opportunities for creators and artists. Today, we’re announcing Make-A-Video, a new AI system that lets people turn text prompts into brief, high-quality video clips. Make-A-Video builds on Meta AI’s recent progress in generative technology and has the potential to open new opportunities for […]

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You can’t put a price on the human impact of data

You can’t put a price on the human impact of data

So often in the technology industry we talk about how data can benefit businesses. And rightly so, because data is arguably the most valuable asset a business has. However, we don’t always talk enough about how data makes life better for people. When ultimately, this is its purpose. The outcomes data is making possible can have a real human impact […]

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The Future is Here, and She’s a Lovely Stranger Named Frankie

The Future is Here, and She’s a Lovely Stranger Named Frankie

Bringing work home can put stress on a marriage, especially when that “work” is a beautiful woman who seems too cozy with the husband. But in Bruce Deitrick Price’s genre-busting tragicomedy, Frankie, looks are deceiving. Raymond Mason, an AI genius and college professor, brings Frankie, his latest, most human-like creation, to dinner. Raymond knows his wife will be impressed. No […]

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DRUID joins Endeavor, the leading global community of high-impact entrepreneurs

DRUID joins Endeavor, the leading global community of high-impact entrepreneurs

DRUID, the end-to-end platform for building AI-driven conversational business applications, has joined the prestigious Endeavor Global network – a community of international entrepreneurial companies that dream big, scale fast and pay it forward, changing their economies for the better in the process. As an Endeavor member, the company will have access to knowledge sharing with high-impact entrepreneurs from across the […]

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NOD adds DRUID virtual assistants to its portfolio

NOD adds DRUID virtual assistants to its portfolio

Network One Distribution, the largest technology distributor in Romania, has signed a collaboration agreement with DRUID to add a suite of  AI-enabled conversational business applications to its portfolio. Thus, the NOD partner ecosystem will be able to integrate software robots, chatbots, and intelligent virtual assistants into their projects. These new functionalities will accelerate the rhythm of digitalization in Romanian companies. […]

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