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Mobile money users in emerging markets to exceed 1.2 billion globally by 2025

A new study from Juniper Research has found that the total number of mobile money users in emerging markets will exceed 1.2 billion in 2025, up from 980 million in 2020; equating to just under 30% of all mobile phone users across emerging markets. (more…)

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November 30, 2020

Posted by: Anasia D'mello

Smart home devices to exceed 13bn in active use by 2025

A new report from Juniper Research has found that there will be almost 13.5 billion smart home devices in active use by 2025, compared to an expected 7.4 billion at year end 2020. Smart entertainment devices take the bulk of revenue attributable to smart home devices, as over $230 billion (€192.56 billion) in 2025. (more…)

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November 27, 2020

Posted by: Anasia D'mello

Agtech market value to soar, reaching over $22bn globally

A new study from Juniper Research has found that the total value of the Agtech market (Agricultural Technology) will reach $22.5 billion (€18.85 billion) by 2025; rising from $9 billion (€7.54 billion) in 2020. This represents an average annual growth rate of 150% over the next five years. (more…)

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Posted by: Anasia D'mello

Gyrfalcon launches AI-X — full-stack solution for edge-AI development

Gyrfalcon Technology (GTI) announced AI-Xâ„¢, a new full-stack solution for AI development ideal for small and medium enterprises (SMEs). Popular applications for AI-X include edge-AI vision devices, consumer electronics, AI-camera sensors and automotive. (more…)

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November 26, 2020

Posted by: Anasia D'mello

PCS Wireless announces formation of TessaB Corp. and names Flavio Mansi its CEO

PCS Wireless LLC, a global provider in logistics and technology for the secondary market for mobile devices, announced that it has formed TessaB Corp. The new corporation will acquire valuable assets from IGWT Block LLC, a subsidiary of PCS Wireless that had been developing disruptive technology for buying and selling mobile devices, including a blockchain platform known as TessaB. (more…)

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Posted by: Anasia D'mello

Optimus Ride appoints former verizon executive Sean Harrington as new CEO

Optimus Ride, a developer of autonomous vehicle technology systems, announced Sean Harrington has been appointed as its new CEO and member of its board of directors, effective November 30. Harrington replaces co-founder Ryan Chin, who will remain at the company with responsibility over policy and sustainability initiatives. (more…)

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November 25, 2020

Posted by: Anasia D'mello

Caspar.AI partners with Alexa to increase comfort and safety at retirement communities

Caspar.AI has partnered with Amazon Alexa to bring enhanced comfort and safety to several retirement communities on the West Coast. (more…)

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Posted by: Anasia D'mello

Nokia and stc launch the operation of technology innovation centre to stimulate innovation

Nokia and stc announced a joint collaboration to operate stc’s technology innovation Centre in Riyadh. An agreement was signed to this extent by Abdullah Alowini, VP, technology strategy and architecture at stc, and Khalid Hussain, Saudi Country senior officer at Nokia, in the presence of Haitham Al Faraj, SVP, technology and operations at stc, and Amr K. El Leithy, head of Middle East and Africa Market at Nokia. (more…)

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Posted by: Anasia D'mello

Avatier joins Cloud Security Alliance

Avatier Corporation, the work from anywhere (WFA) Identity Governance & Administration (IGA) cloud service, container solutions and access governance solutions, announced today that it has joined the Cloud Security Alliance (CSA), the organisation dedicated to defining and raising awareness of best practices to help ensure a secure cloud computing environment. (more…)

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November 24, 2020

Posted by: Anasia D'mello

Wipro and Cisco work together to provide Olympus with SD-WAN transformation services

Information Technology, Consulting, Wipro Limited announced today that it will use Cisco technology to provide Olympus with a managed software-defined wide area network (SD-WAN) transformation service. (more…)

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Posted by: Anasia D'mello