ThoughtSpot Expanding its Engineering Center in Bangalore with $25M Investment

The company is also launching its business operations in India to bring augmented analytics to enterprises throughout the country. US-headquartered artificial intelligence (AI) company ThoughtSpot on Monday announced its plans...

IIoT Propels Growth of Belt Scale Systems Market: Study

IIoT technologies are helping companies across various industries in gathering valuable data that can be ustilised in predicting maintenance needs Industrial Internet of Things (IIoT) is supporting the growth of...

Electrocomponents Launches New Global Tech Business for IoT, SBC

OKdo will provide a unique combination of software, hardware, development support and manufacturing solutions to enable customers to create new ideas Electrocomponents plc, the company behind RS Components and Allied...
Telit

MSA Safety to Acquire IIoT Solution Provider Sierra Monitor for US$ 33 Mn

The deal will help MSA Safety’s strategy to improve worker safety through cloud technology and wireless connectivity and complements its investments in SaaS applications Global safety equipment manufacturer MSA Safety...

Adopting AI to Nearly Double Manufacturers Competitiveness: Report

The top three business drivers for manufacturers to adopt AI include higher margins, higher competitiveness and business agility, and better customer relationships and outcomes Majority of manufacturers in Asia Pacific...

IoT Represents Huge and Largely Untapped Market for CSPs: Report

AI will be closely linked with the end-users, thus creating opportunity for CSPs to offer resource support for AI-enabled use cases Internet of Things (IoT) represents an immense and largely...
sify

Ericsson, ABB Sign MoU to Accelerate Wireless Automation for Flexible Factories

The two partners want to realize the full potential of flexible automation and unlock new business opportunities enabled by combining 5G and Industry 4.0.  Global technology major Ericsson and ABB,...

TenX2 Forays into India, Aims to Invest in Startups Developing IP, IoT-led Solutions

Jubin Mishra, former global head of Sankalp Intellecap, has been roped in to drive TenX2’s India operations.  TenX2, the business accelerator for high growth technology companies, has forayed into...
Telit

Reliance Jio Acquiring Chatbot Maker Haptik for Rs 200 Crore

Following the acquisition, Times Internet, which is currently Haptik’s majority stakeholder, will be completely exiting its investment. Reliance Jio is reportedly acquiring Mumbai-based Haptik -- one of the world's largest...

Samsung Plans to Expand Investments in AI, 5G

Samsung will emphasis on promising businesses such as 5G and AI  It has been reported that Korean electronics maker Samsung is all set to expand its investments in the growing technology...