Cloud-Enabling Technology News

Recent industry report about Cloud-Enabling Technology company news, including latest market trends and industry updates in 2024. This sector news is compiled by Mordor Intelligence™ Cloud-Enabling Technology Market industry experts.

Cloud-Enabling Technology News

  • March 2024: Fujitsu Limited and Amazon Web Services (AWS), an Amazon.com Inc. company (NASDAQ: AMZN), announced an expanded partnership to accelerate the modernization of legacy applications on AWS Cloud by launching a Modernization Acceleration Joint Initiative. Fujitsu and AWS will provide assessment, migration, and modernization of legacy mission-critical applications running on on-premise mainframes and UNIX servers onto AWS Cloud. The joint initiative will support customers across industries, including finance, retail, and automotive, as they modernize legacy applications on AWS Cloud, helping to keep up with rapidly changing business conditions with the agility and resiliency of modern applications.
  • September 2023: Amazon's AWS partnered with ISRO to advance its AI capabilities with cloud technologies. This collaboration would give space start-ups, research institutes, and students access to advanced cloud technologies that will accelerate the development of new solutions in the space sector.
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  • January 2024 - Vodafone and Microsoft Corp. unveiled a significant 10-year strategic partnership, leverages their strengths to deliver expansive digital platforms to over 300 million businesses, public sector entities, and consumers throughout Europe and Africa.
  • September 2023 - MTN South Africa has teamed up with Eseye, one of the global leaders in Internet of Things (IoT) services, marking a significant stride in the continent's IoT landscape. Under this collaboration, Eseye's IoT solutions will first be rolled out in South Africa, with ambitions to extend the technology to eighteen other MTN-operated firms across Africa. The partnership involves deploying these solutions and seamlessly integrating them with MTN's current infrastructure, capitalizing on Eseye's leveraging expertise in crafting IoT solutions.
  • March 2023: UnaBiz, an IoT Service Provider and Integrator company, and LORIOT, a global Swiss-based IoT company specializing in long-range connectivity and network management, partnered to empower clients to deploy extensive IoT solutions, offering them the flexibility to choose from multiple protocols tailored to their specific use cases. This collaboration involves the integration of LORIOT's hybrid Network Management System, Hummingbird, with UnaBiz's middleware IoT data management platform, UnaConnect, to develop a comprehensive catalog of various products and services.
  • May 2022: STMicroelectronics, a prominent global semiconductor company catering to a wide range of electronics applications, joined forces with Microsoft to enhance the security of emerging Internet-of-things (IoT) applications. As part of this collaboration, STMicroelectronics will incorporate its ultra-low-power STM32U5 microcontrollers (MCUs) with Microsoft Azure RTOS and IoT Middleware, along with a certified secure implementation of Arm Trusted Firmware-M (TF-M) for embedded systems.
  • July 2024: Utilita Energy, in collaboration with Cheshire College South and West, has unveiled an innovative smart metering apprenticeship. This initiative aims to address the communication challenges engineers encounter during smart meter installations. Developed jointly by the energy supplier and the college, the apprenticeship targets commissioning challenges that often arise on installation day.
  • January 2024: Italgas announced the successful deployment of 20,000 units of its next-generation hydrogen-ready gas smart meter. The installation of these initial 20,000 Nimbus units accelerates the energy transition towards greener gas solutions. Key features include primary communication via NB-IoT and LoRaWAN, with a mesh backup, a battery lifespan of up to 15 years, and a large display providing information in three languages: Italian, English, and a user-selected third language.
  • August, 2024 – Nexio, an innovator in Bitcoin scaling solutions using parallelized rollup technology, has announced the successful raising of USD 2.2 million in pre-seed funding. This capital infusion comes from a diverse group of prominent industry investors. The funding will enable Nexio to expedite the development and adoption of its advanced Bitcoin rollup technology, with the goal of significantly enhancing Bitcoin's scalability and usability.
  • August, 2024 – Grayscale Investments has unveiled two new cryptocurrency investment trusts: the Grayscale Bittensor Trust and the Grayscale Sui Trust. These initiatives are designed to give accredited investors focused access to the rapidly growing domains of decentralized artificial intelligence (AI) and advanced blockchain technology.
  • May 2024: Iveda, a global leader in cloud-based AI solutions, unveiled its latest offering, the IvedaAI Cloud Subscription. This innovative service brings cutting-edge AI video capabilities within reach, catering to a broad spectrum of users, from consumers to professionals. The IvedaAI Cloud Subscription empowers users with IP cameras, enabling them to elevate their existing cameras to smart devices, all without the burden of extensive servers or dedicated IT support. This launch democratizes AI-powered video search and surveillance, equipping businesses and homeowners alike with the means to safeguard their most valued assets, be it people or properties.
  • December 2023: ATEK Access Technologies collaborated with Tekelek US, a subsidiary of Rochester Sensors, to introduce a cutting-edge cellular line of non-contact radar sensors. This collaboration integrates Tekelek's advanced sensor technology into ATEK's TankScan platform, specifically catering to IBC tote applications that demand non-contact radar sensing. By merging these sensors with state-of-the-art cloud-based monitoring, the partnership aims to address the distinct challenges faced by customers in their remote tote and tank applications.
  • March 2024: Fujitsu Limited and Amazon Web Services (AWS), an Amazon.com Inc. company (NASDAQ: AMZN), announced an expanded partnership to accelerate the modernization of legacy applications on AWS Cloud by launching a Modernization Acceleration Joint Initiative. Fujitsu and AWS will provide assessment, migration, and modernization of legacy mission-critical applications running on on-premise mainframes and UNIX servers onto AWS Cloud. The joint initiative will support customers across industries, including finance, retail, and automotive, as they modernize legacy applications on AWS Cloud, helping to keep up with rapidly changing business conditions with the agility and resiliency of modern applications.
  • September 2023: Amazon's AWS partnered with ISRO to advance its AI capabilities with cloud technologies. This collaboration would give space start-ups, research institutes, and students access to advanced cloud technologies that will accelerate the development of new solutions in the space sector.
  • May 2024: DataCore has introduced its Single Node Swarm, a solution designed to enhance edge computing. This addresses challenges in smaller environments by enabling data to be stored, managed, and protected, thereby reducing latency, increasing throughput, and facilitating swift local data processing. The Single Node Swarm offers a software-defined object storage system that ensures robust data protection and archiving for smaller deployments. It provides cyber resilience against ransomware, unauthorized access, and data loss. 
  • May 2024, SwarmOne, a swarm computing company, introduced its instance-less platform for AI training. The platform has already completed 340,000 hours of AI training with its initial customers. SwarmOne consolidates AI models, training hyperparameters, and data, and then processes them across multiple GPUs located in its global network of data centers.
  •  January 2023: EY unveiled its innovative retail solution, which leverages the power of the Microsoft Cloud to enhance the seamlessness of the user shopping experience. This integrated solution seamlessly connects all consumer touchpoints, enabling shoppers to effortlessly transition between online shopping, mobile apps, physical stores, or contact centers at any time. By harnessing the capabilities of Microsoft Cloud and Cloud for Retail, this system gathers data from various channels. It transforms it into valuable insights using cutting-edge technologies such as artificial intelligence (AI), image recognition, and advanced analytics.
  • October 2022: Deloitte introduced SuperLedger, an autonomous, AI-powered extension of its existing integrated cloud platform designed for transaction processing, financial planning and analysis (FP&A), and sub-ledger reporting. SuperLedger offers benefits akin to a complete ERP consolidation, creating a secure and reliable source of truth, all while delivering cost savings and quicker results.
  • September 2023 - Sonoco Products Company acquired RTS Packaging, a US-based manufacturer specializing in packaging and containers. This move bolsters Sonoco's portfolio, particularly in the realm of 100% recycled fiber-based packaging. The aim is to meet the rising consumer demands across various sectors, including wine, spirits, food, beauty, and healthcare.
  • September 2023 - Sealed Air partnered with Sparck Technologies, a packaging and container manufacturer based in the Netherlands. This collaboration aimed to revolutionize packaging practices for businesses across the Asia Pacific region.
  • August 2023 - Amcor Plc acquired Phoenix Flexibles, an Indian packaging and container manufacturer, to bolster its production capacity in response to rising demand. Leveraging cutting-edge film technology, Amcor is now equipped to locally manufacture a broader range of sustainable packaging solutions. This strategic move not only diversifies Amcor's product portfolio but also positions it to cater to lucrative market segments.
  • March 2023: Hewlett-Packard Company has announced a collaboration deal to acquire OpsRamp, an IT operations management (ITOM) company that observes, monitors, automates, and manages IT infrastructure, cloud resources, workloads, and applications for hybrid and multi-cloud surroundings, integrating OpsRamp’s hybrid digital operations management solution with the HPE GreenLake edge-to-cloud platform and helping it with HPE services will lower the operational complexity of multi-cloud IT environments that are in the public cloud, on-premises, and colocations.
  • March 2023: Oracle has announced an extended collaboration with NVIDIA to include running strategic NVIDIA AI applications on the new Oracle cloud infrastructure Supercluster. NVIDIA has selected OCI as the first hyper-scale cloud provider to offer NVIDIA DGX Cloud, an AI supercomputing service, at a massive scale. In addition, NVIDIA is running NVIDIA AI Foundations, its new generative AI cloud services, which are available through DGX Cloud on OCI.

Cloud-enabling Technology Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)