Accenture (NYSE: ACN) has made a strategic investment in Cresta, an AI-driven platform designed to optimise contact centre operations. This move, facilitated through Accenture Ventures, aligns with Accenture’s broader AI strategy and involves integrating Cresta’s cutting-edge software into its AI Refinery platform. The AI Refinery enables businesses to create bespoke AI models tailored to their […]
Emmforce Autotech Limited has reported a strong financial and operational performance for the half-year ending September 30, 2024. The company, renowned for its commitment to innovation and strategic investments, showcased remarkable resilience and growth across key metrics, positioning itself for sustained success. Revenue from operations reached ₹3,505.42 lakhs during the period, a figure buoyed by […]
Delta Electronics Japan, renowned for its cutting-edge solutions in power and thermal management, has revolutionized its warehouse and production line management through the adoption of VIVOTEK VORTEX. This cloud-based surveillance system addresses the inefficiencies that plagued Delta’s operations and underscores the company’s commitment to innovation and operational excellence. Addressing Operational Challenges Prior to embracing VIVOTEK […]
SAP SE (NYSE: SAP), a global leader in business software solutions, has announced a significant partnership with SKF, a leading manufacturer of bearings and rotating equipment, to implement the RISE with SAP solution. This strategic move is aimed at future-proofing SKF’s global operations by simplifying its IT infrastructure and leveraging cutting-edge technologies such as artificial […]
VST Tillers Tractors Ltd (VST), a leader in India’s farm equipment sector, has reported a significant surge in net profit for the fiscal year ended March 31, 2024. The company achieved a record net profit of ₹121.51 crore, marking a substantial 32% increase from the previous year’s ₹92.36 crore. This robust growth in profitability comes […]
Australia’s leading financial comparison platform, Finder, has announced a strategic move to Google Cloud to overhaul its digital infrastructure and enhance its artificial intelligence (AI) capabilities for consumers. This significant shift is part of Finder’s ambitious plan to integrate generative AI across its online platforms, aiming to improve financial decision-making for users globally. In January, […]
Ramco Systems, a global leader in aviation software solutions, has announced a strategic collaboration with Korean Air, South Korea’s flagship carrier, to implement the advanced Ramco Aviation Suite at the airline’s Engine Maintenance Center. This announcement, made at MRO Americas 2024 in Chicago, marks a significant step for Korean Air as it advances in the […]
The Great Eastern Shipping Company Limited (G E Shipping) made headlines on March 28, 2024, with its strategic acquisition of a Medium Range product tanker, signaling a significant step in its fleet modernization and expansion efforts. The vessel, built in 2013 with a deadweight tonnage (dwt) of approximately 51,486, is slated to join the company’s […]
In a significant move to expand its footprint in the ATM services sector, Pacific Processing has announced a $10 million capital raise. This ambitious funding initiative is set to revolutionize the ATM deployment landscape through a mix of “Partial Acquisitions” and full acquisitions across seven key markets within Southern California and Las Vegas. Additionally, the […]
In a strategic pivot, Cupid Limited has officially announced the cessation of its investment plans in Tourism Finance Corporation of India Ltd. (TFCI), a move reflecting the company’s reevaluation of its growth strategy and alignment with long-term objectives. This decision marks a significant shift in Cupid Limited’s investment strategy, underscoring a focus on core business […]