Oracle Database 23ai Enhances Enterprise Data and Apps with AI Capabilities – HostingJournalist.com
Oracle Database 23ai, the latest release of Oracle’s converged database, is now generally available as a broad range of cloud services. This long-term support release includes Oracle AI Vector Search and more than 300 additional major features focused on simplifying the use of AI with data, accelerating app development, and running mission-critical workloads. The new […]
Veeam Buys Coveware to Enhance Cyber Resilience and Recovery
In a move to enhance its cyber resilience capabilities, Veeam Software, a global leader in data protection and ransomware recovery solutions, has acquired Coveware, a specialist in cyber-extortion incident response. This acquisition would mark a significant step in bolstering Veeam’s cybersecurity offerings, providing customers with advanced tools to combat the growing threat of cyber attacks. […]
Edge Computing Spend to Hit $232B in 2024, Fueling AI Deployment
Global investment on edge computing is anticipated to reach $232 billion in 2024, a 15.4% rise from 2023. The new forecast from the IDC Worldwide Edge Spending Guide shows that enterprise and service provider spending on hardware, software, professional services, and provisioned services for edge solutions will continue to grow rapidly through 2027, when spending […]
Synadia Gains $25M for Edge and Cloud Computing, Total Funding Hits $51M
Synadia Communications, the driving force behind the open-source messaging system NATS.io, has successfully obtained $25 million in Series B investment, a major boost to its objective of improving the cloud and edge computing environments. This brings the company’s total capital to an astounding $51 million. The development of Synadia’s flagship technology, NATS.io, which is well-known […]
IDC: META Region ICT Spending to Surge, AI and Cloud Investments Soar
The total amount spent on ICT overall in the Middle East, Turkey, and Africa (META) is expected to exceed $238 billion this year, representing a 4.5% rise from 2023, according to IDC. Spending on AI is expected to reach $6.9 billion by 2027 in the META area, indicating a high market for AI in general […]
