Month: May 2024

Early Game invests €500,000 in two of the finalist startups at Innovation Labs 2024

Early Game invests €500,000 in two of the finalist startups at Innovation Labs 2024

Zero Code and Pentest Copilot are the two finalists in the Innovation Labs program, which will receive half a million euros in funding from Early Game Ventures. Both startups operate in cybersecurity, one of the technology areas that need continuous innovation as the global IT security landscape becomes increasingly complex, both in the context of geopolitical activities and the advance […]

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Vertiv and Felix Telecom strengthen security and efficiency by upgrading network infrastructure in Romania

Vertiv and Felix Telecom strengthen security and efficiency by upgrading network infrastructure in Romania

Vertiv (NYSE: VRT), a global provider of critical digital infrastructure and continuity solutions, and Felix Telecom, the leading provider of communications equipment in Romania, today announced the successful upgrade of the communications, infrastructure, and surveillance equipment of a pivotal organization in the Romanian public sector. The two companies upgraded the customer’s telecommunication network with new power technology and supporting infrastructure, […]

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Capgemini and Schneider Electric collaborate to help companies achieve energy optimization

Capgemini and Schneider Electric collaborate to help companies achieve energy optimization

Schneider Electric, leader in the digital transformation of energy management and automation, and Capgemini, a global leader in business and technology transformation services, today announced a new collaboration in energy optimization. Designed to help organizations accelerate their journey towards smarter and greener facility management and energy efficiency, the Energy Command Center leverages a unique end-to-end combination of digital solutions and […]

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Romania Joins Genpact’s Global Network of AI Innovation Centers

Romania Joins Genpact’s Global Network of AI Innovation Centers

Genpact (NYSE: G), a global professional services and solutions firm delivering outcomes that shape the future, today unveiled its third Artificial Intelligence (AI) Innovation Center in Bucharest, Romania, a pivotal component of Genpact’s AI-first approach. The centers are a launchpad for innovation, facilitating learning, experimentation, and building AI-focused growth-oriented solutions for Genpact’s global clients. Genpact’s AI Innovation Center in Bucharest […]

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How to handle e-Invoice in SAP Business One

How to handle e-Invoice in SAP Business One

The mandatory adoption of e-invoicing starting in January 2024 has generated unprecedented turmoil in Romania. The business environment was not prepared for this moment, according to the majority of surveys conducted last year. Even though e-invoicing had the advantage of two stages already rolled out (B2G transactions and transactions involving products with high fiscal risk were the first stages of […]

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A complete decoupling of supply chains from China virtually impossible

A complete decoupling of supply chains from China virtually impossible

The era of the easy, frictionless supply chains is over. In a post-pandemic world, companies had to adopt a just-in-case strategy for their supply chains, where hoarding inventory offered a safety net for unforeseen supply chain disruptions. However, reworking supply chains is complex and expensive, with no quick fixes. As the world’s manufacturing hub, China controls many global supply chains. […]

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Vodafone and Orange announce the successful expansion of the pilot project for the shared 4G Open RAN network in certain rural areas in Romania, including fully virtualized 2G technology

Vodafone and Orange announce the successful expansion of the pilot project for the shared 4G Open RAN network in certain rural areas in Romania, including fully virtualized 2G technology

Following the announcement made in October 2023 regarding the first 4G calls made on a shared Open RAN network in Romania, Vodafone and Orange announce that they have successfully expanded their pilot project in certain rural areas, including fully integrated 2G virtualized RAN (vRAN) technology, an innovation representing an international first over a shared operational network (RAN sharing). This achievement […]

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OVES Enterprise: The Acquisition of F-35 Aircraft Will Accelerate Romania’s Technological Transformation For The Next 60 Years

OVES Enterprise: The Acquisition of F-35 Aircraft Will Accelerate Romania’s Technological Transformation For The Next 60 Years

Romania’s strategic decision to acquire and operate the F-35 Lightning II jets will not only strengthen the country’s defense and security capabilities and solidify its position within NATO, but also provide enormous opportunities for the involved industries. The F-35 is the only fifth-generation fighter currently in production capable of supporting job creation for the next 40 to 50 years. Its […]

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Eviden returns to Black Sea Defense and Aerospace (BSDA) for the second time in a row, with innovative solutions for defense, aerospace and public safety

Eviden returns to Black Sea Defense and Aerospace (BSDA) for the second time in a row, with innovative solutions for defense, aerospace and public safety

Eviden, the Atos Group business leading in digital, cloud, big data and security today announces its participation, for the second time in a row, in the largest defense technology exhibition in Eastern Europe – BSDA, where it will present its dedicated portfolio for defense, aerospace, public safety, and critical infrastructure. The event will take place May 22-24 in Romaero, Bucharest. […]

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QOOBISS: Implementation of e-KYC Solutions Could Increase Telecom Operators’ Customer Base by Up to 20%

QOOBISS: Implementation of e-KYC Solutions Could Increase Telecom Operators’ Customer Base by Up to 20%

The implementation of e-KYC (electronic-Know Your Customer) solutions can generate an increase in the number of customers for telecom operators between 10% and 20% within the first three months post-implementation. This percentage varies depending on the efficiency of the existing enrolment process and the speed of the e-KYC solution implementation, according to an analysis by QOOBISS, a fintech company focused […]

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Saint-Gobain Romania and OMV PETROM sign an agreement for the purchase of green power

Saint-Gobain Romania and OMV PETROM sign an agreement for the purchase of green power

Saint-Gobain Romania and OMV Petrom sign an agreement for the purchase of electricity from renewable sources for all Saint-Gobain facilities at local level. Based on this agreement, OMV Petrom will supply approximately 800 GWh of green energy to 14 Saint-Gobain locations in Romania over the next five years, thus contributing to the Group’s sustainability objectives and Saint-Gobain’s decarbonisation efforts. Deliveries […]

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Only two months after being approved by the EIF Board, Early Game Ventures launches its second investment fund

Only two months after being approved by the EIF Board, Early Game Ventures launches its second investment fund

First closing occured on April 25 and marks the official launch of the second Early Game Ventures investment fund, which has a total value of 60 million euros. The new fund will invest exclusively in early-stage technology startups, continuing the thesis of the first Early Game fund. It will focus on areas such as cyber security, enterprise software, and AI […]

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