Work Evolution Summit 2024: Tools and practices for effective work Life in Codes, a solution partner in Romania for Atlassian, one of the best-known software companies, is organizing the Work Evolution Summit 2024 – the largest conference in Romania dedicated to Atlassian products and their impact on collaboration and team efficiency. The event will take place on September 25-26 in […]

Ogre AI, the Romanian-British energy tech startup focused on data science and specialized in providing AI-based forecasting solutions for the energy sector, recently closed a new investment round of EUR 3 million. VERBUND X Ventures, the corporate venture capital arm of the Austrian main electricity supplier VERBUND, lead the round and other investors including well-known partners such as Early Game […]

TotalSoft, one of the largest providers of digital business solutions in Central and Eastern Europe, announces a 19% increase in its turnover for Q1/2024 versus Q1/2023, to EUR 8.9 million. The company also set a conservative target of 11% increase in its turnover in 2024 compared to the previous year, in line with the average market growth estimated for this […]

With demand for AI-ready data center capacity outstripping supply, developers and operators are focused on bringing new capacity online as quickly as possible. To support this goal, Vertiv (NYSE: VRT), a global provider of critical digital infrastructure and continuity solutions, today launched the Vertiv™ MegaMod™ CoolChip, a liquid cooling-equipped prefabricated modular (PFM) data center solution engineered to enable efficient and […]

Telecoms service providers worldwide are upping their game to capture market share, grow revenue, and increase profitability by growing business in the small and medium-sized business (SMB) market, according to research conducted by GlobalData, a leading data and analytics company. Robert Pritchard, Principal Analyst, Enterprise Technology and Services at GlobalData, comments: “Given the historical fact that small businesses are the […]

Early Game Ventures (EGV) invests 1 million Euro in CogniSync, a pure-AI startup created by a Romanian team of founders. CogniSync is developing a new tool for optimizing workflows as companies and teams scale by surfacing internal best practices and revealing any potential misalignment with compliance or legal standards while leveraging data owned exclusively and securely by the enterprises where […]

The EU regulation that establishes a uniform legal framework for the development, market placement, service provision, and use of artificial intelligence (AI) systems, called the EU AI Act, has just been published in the Official Journal. The act is directly applicable in Romania, without further transposition measures and will enter into force within 20 days as of its publication date. […]

Dubai is increasingly becoming a global center for artificial intelligence. To this end, the metropolis of the day after tomorrow on the Gulf has pledged to train one million people in AI prompting over the next three years. It is the first program of its kind in the world. “We want to be the most future-ready city and continue to […]

Vertiv, a global provider of critical digital infrastructure and continuity solutions, has been awarded a contract by Swedish data centre company EcoDataCenter to supply high-efficiency chilled water cooling solutions for EcoDataCenter’s state-of-the-art plants being built in Falun, Sweden. EcoDataCenter, founded in 2014, has been very successful with its state-of-the-art data centres and is continuing to grow and expand its operations […]

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 […]

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 […]

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 […]