Azure

The Coca-Cola Company and Microsoft announce five-year strategic partnership to accelerate cloud and generative AI initiatives

Retrieved on: 
Tuesday, April 23, 2024

As part of the partnership, Coca-Cola has made a $1.1 billion commitment to the Microsoft Cloud and its generative AI capabilities.

Key Points: 
  • As part of the partnership, Coca-Cola has made a $1.1 billion commitment to the Microsoft Cloud and its generative AI capabilities.
  • The collaboration underscores Coca-Cola's ongoing technology transformation, underpinned by the Microsoft Cloud as Coca-Cola's globally preferred and strategic cloud and AI platform.
  • Through the partnership, the companies will jointly experiment with groundbreaking new technology like Azure OpenAI Service to develop innovative generative AI use cases across various business functions.
  • "Our partnership with Microsoft has grown exponentially, from the $250 million agreement we initially announced in 2020 to $1.1 billion today."

Corelight Achieves 300% Year-over-Year Growth in AI and SaaS-driven NDR Revenue

Retrieved on: 
Tuesday, April 23, 2024

SAN FRANCISCO, April 23, 2024 /PRNewswire/ -- Corelight, the leader in open network detection and response (NDR), today announced it has achieved more than 40% year-over-year growth in annual recurring revenue and over 300% year-over-year growth in its AI and SaaS-driven NDR solutions for its most recent fiscal year ending January 31st, 2024. 

Key Points: 
  • SAN FRANCISCO, April 23, 2024 /PRNewswire/ -- Corelight , the leader in open network detection and response (NDR), today announced it has achieved more than 40% year-over-year growth in annual recurring revenue and over 300% year-over-year growth in its AI and SaaS-driven NDR solutions for its most recent fiscal year ending January 31st, 2024.
  • Corelight's growth has been driven by innovation in cloud, expansions in detection coverage, and innovative use of LLM's to accelerate security workflows.
  • "At Corelight, we are dedicated to proactively assisting our clients in staying at the forefront of cloud security."
  • In addition to strong demand for cloud solutions, Corelight has seen an uptick in customers looking to close gaps in detection coverage.

Technology Advisory Firm Opkalla Acquires Microsoft Cloud Services Provider Cloudaeris

Retrieved on: 
Tuesday, April 23, 2024

CHARLOTTE, N.C., April 23, 2024 /PRNewswire/ -- Technology advisory firm Opkalla has acquired Microsoft Cloud services provider Cloudaeris effective immediately. With the new acquisition, Opkalla clients will now benefit from enhanced day-to-day support for their Microsoft technology stack. Cloudaeris clients will now benefit from access to the larger breadth of the Opkalla technology portfolio.

Key Points: 
  • CHARLOTTE, N.C., April 23, 2024 /PRNewswire/ -- Technology advisory firm Opkalla has acquired Microsoft Cloud services provider Cloudaeris effective immediately.
  • With the new acquisition, Opkalla clients will now benefit from enhanced day-to-day support for their Microsoft technology stack.
  • Cloudaeris clients will now benefit from access to the larger breadth of the Opkalla technology portfolio.
  • Aurandt and his team will heavily focus on Microsoft 365 and Microsoft Azure, working to unlock the full value of the Microsoft Cloud for all their clients.

AIShield Announces Groundbreaking AI Security Platform SecureAIx with Global Strategic Partners at GISEC 2024

Retrieved on: 
Tuesday, April 23, 2024

DUBAI, UAE, April 23, 2024 /PRNewswire-PRWeb/ -- In a landmark announcement at GISEC 2024, AIShield, a Bosch startup recognized by Gartner for its pioneering AI cybersecurity technology, unveiled a series of significant innovations and strategic partnerships poised to redefine the landscape of artificial intelligence security.

Key Points: 
  • AIShield is excited to unveil SecureAIx – a Unified AI Security Platform at GISEC 2024.
  • This marks a strategic pivot towards platformization and consolidation in AI security, providing enterprises with an overarching view and control over their AI security posture, underpinned by the voice of our customers and growing global market demand for the same.
  • The following are some key releases and components:
    SecureAIx - Unified AI Security Platform (from ML to GenAI systems, encompassing development to deployment to operation and monitoring): The launch of SecureAIx Platform emerges as the cornerstone of our AI security product and innovation strategy and leadership ( read the Press Release on launch of SecureAIx platform ).
  • AIShield invites you to visit our booth (P54, Hall 6) at GISEC 2024 to witness the capabilities of the SecureAIx platform firsthand and discuss how our solutions can enhance your organization's AI safety and security posture.

LG CNS Wins 'Google Cloud Services Partner of the Year Awards for South Korea' Two Years in a Row

Retrieved on: 
Monday, April 22, 2024

The Google Cloud Partner Awards recognize the leaders of digital innovation that are leveraging Google Cloud to give clients new business value while recording exceptional achievements.

Key Points: 
  • The Google Cloud Partner Awards recognize the leaders of digital innovation that are leveraging Google Cloud to give clients new business value while recording exceptional achievements.
  • The services category recognizes the partner companies providing distinctive services through optimized Google Cloud migration that are tailored to the client's business characteristics and help them achieve business success.
  • In 2023, LG CNS was acknowledged for leading client DX innovation and Application Modernization (AM) by applying Google Cloud's core services, including its cloud and data platforms.
  • Additionally, LG CNS participated as a service partner in migrating the existing database of a global company based in Singapore to Google Cloud.

British Caribbean Bank selects Finastra to transform its core technology

Retrieved on: 
Monday, April 22, 2024

LAKE MARY, Fla., April 22, 2024 /PRNewswire/ -- Finastra, a global provider of financial software applications and marketplaces, announces that British Caribbean Bank Limited (BCB), a Turks and Caicos-based financial institution offering international bank accounts and customized loan options, has selected Finastra Essence, deployed on Microsoft Azure cloud, to modernize its core and transform its back-office operations. The move enables increased readiness for regulatory changes and positions the bank for continued growth.   

Key Points: 
  • The move enables increased readiness for regulatory changes and positions the bank for continued growth.
  • "To transform our core and enhance our operations, we needed an innovative partner to provide the expertise and tech stack required to complete our modernization journey," said Marcus Samuel, Managing Director at British Caribbean Bank Limited.
  • By modernizing its core, the bank can now benefit from a simplified back-office, reducing costs and increasing productivity for its team.
  • Essence, a cloud-first, next-generation banking solution that combines sophisticated functionality and advanced technology to increase enterprise agility, is seeing increased presence in the Caribbean.

Rockwell Automation and Microsoft announce significant technology integrations connecting the physical and digital industrial worlds at Hannover Messe 2024

Retrieved on: 
Monday, April 22, 2024

DUSSELDORF, Germany, April 22, 2024 /PRNewswire/ -- Rockwell Automation, Inc. (NYSE: ROK), the world's largest company dedicated to industrial automation and digital transformation, has announced it is working with Microsoft on three significant technology innovations that will be on display at Hannover Messe, 22-26 April. 

Key Points: 
  • DUSSELDORF, Germany, April 22, 2024 /PRNewswire/ -- Rockwell Automation, Inc. (NYSE: ROK), the world's largest company dedicated to industrial automation and digital transformation, has announced it is working with Microsoft on three significant technology innovations that will be on display at Hannover Messe, 22-26 April.
  • Visitors to the Rockwell stand in the Microsoft booth at Hannover Messe will see how Rockwell Automation helps empower leading manufacturers globally to reduce waste in their operations and achieve sustainability goals through streamlined industry solutions."
  • With Rockwell's FactoryTalk edge and cloud solutions, manufacturers bring together artificial intelligence, IoT, and automation solutions to allow people, processes, and technology to operate seamlessly between physical and digital environments.
  • Microsoft is using several Rockwell Automation hardware and software solutions, along with technologies from the Rockwell Automation PartnerNetwork™ ecosystem in bringing this vision to reality.

SKT collaborates with Aptos Labs, Brevan Howard and Microsoft to bring global institutional finance on-chain with Aptos Ascend

Retrieved on: 
Friday, April 19, 2024

Boston Consulting Group (BCG) will be Aptos Labs' preferred consulting partner, leveraging its global expertise in decentralized finance, digital assets, and AI to work with companies to implement the solutions.

Key Points: 
  • Boston Consulting Group (BCG) will be Aptos Labs' preferred consulting partner, leveraging its global expertise in decentralized finance, digital assets, and AI to work with companies to implement the solutions.
  • "In collaboration with SKT, Brevan Howard and Microsoft, Aptos Ascend will provide the world's financial institutions, banks, and tech-forward money markets with a performant, compliant, secure, and scalable gateway to decentralized finance on Aptos that will evolve for years to come."
  • While the Aptos Ascend solutions will continue to evolve, immediate value at a global scale will take the form of:
    Expanding decentralized finance to institutional capital.
  • Aptos Ascend is designed to help regulated institutions around the world meet their obligations to customers, regulators, and other stakeholders.

Chicago based AiRo Digital Labs acquires Cloudaction to create Top 10 fastest growing AI & Cloud consulting firm in the US

Retrieved on: 
Thursday, April 18, 2024

CHICAGO, April 18, 2024 /PRNewswire/ -- In a move poised to create Top 10 fastest growing AI & Cloud consulting firms in the US, AiRo Digital Labs (AiRo), a well-known Chicago based provider of transformative AI and Cloud solutions, today announced the strategic acquisition of Cloudaction, a prominent cloud solutions provider with significant capabilities in Salesforce, ServiceNow, BMC suite, Microsoft Azure and many other advanced skills in the Cloud and AI space.

Key Points: 
  • CHICAGO, April 18, 2024 /PRNewswire/ -- In a move poised to create Top 10 fastest growing AI & Cloud consulting firms in the US, AiRo Digital Labs (AiRo), a well-known Chicago based provider of transformative AI and Cloud solutions, today announced the strategic acquisition of Cloudaction, a prominent cloud solutions provider with significant capabilities in Salesforce, ServiceNow, BMC suite, Microsoft Azure and many other advanced skills in the Cloud and AI space.
  • This acquisition reaffirms AiRo position at the forefront of AI & cloud management, bringing together hundreds of Cloudaction employees globally within AiRo's Cloud practice.
  • AiRo has received multiple awards from Forbes, Inc5000, Crain's Chicago, HFS and most recently Great Place to Work certification
    The Founder and Chief Executive Officer of AiRo, Dev Singh said, "This strategic move marks a new chapter in the amazing growth journey of AiRo and positions us as a leading force in AI & Cloud consulting space."
  • Samir Kumar, Co-founder and President of Cloudaction, echoed the sentiment, "Joining forces with AiRo creates a supercharged AI & Cloud consulting powerhouse".

ITC Infotech to acquire specialised Cloud services company Blazeclan Technologies Private Limited, to augment its Multi-Cloud capabilities and accelerate Customers' Digital Transformation Journey

Retrieved on: 
Thursday, April 18, 2024

PARAMUS, N.J. and LONDON and BANGALORE, India, April 18, 2024 /PRNewswire/ -- ITC Infotech, a leading global technology services and solutions provider, announced today the signing of a definitive agreement to acquire 100% shareholding of Blazeclan Technologies Private Limited (Blazeclan) – a born-in-the-cloud consulting company providing Cloud services on AWS, Azure and GCP. The acquisition reiterates ITC Infotech's commitment to help clients steer their digital transformation journey and deliver business outcomes built on the foundation of strong Cloud capabilities.

Key Points: 
  • The acquisition reiterates ITC Infotech's commitment to help clients steer their digital transformation journey and deliver business outcomes built on the foundation of strong Cloud capabilities.
  • Leveraging its powerful platforms, frameworks and accelerators, Blazeclan helps drive on-demand and sustainable cloud adoption for its clients.
  • Blazeclan's broad suite of services and disruptive building blocks help speed up digital transformation by modernizing the infrastructure with native cloud services and migration accelerators.
  • Blazeclan has been recognized as a Niche Player in the 2023 Gartner® Magic Quadrant for Public Cloud IT Transformation Services.