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AI spending to grow 1.7 times faster than overall digital tech investments in Asia-Pacific Artificial intelligence (AI) will be a major driver of economic growth in the Asia-Pacific region as AI-related spending is projected to grow 1.7 times faster than overall digital technology investments over the next three years, according to a new report.  This surge is expected to generate a projected $1.6 trillion economic impact by the end of 2027 across Asia-Pacific Japan, according to an IDC report. It mentioned that Asia-Pacific business leaders will demand 80 per cent succe...
AI spending to grow 1.7 times faster than overall digital tech investments in Asia-Pacific
AI spending to grow 1.7 times faster than overall digital tech investments in Asia-Pacific
Source: IANS
2024-11-11 09:58:21 am
Digital data protection bill reflects India's commitment to safeguarding users: Centre Amid the changing landscape where cyber-criminals use novel methods to steal personal data, the Digital Personal Data Protection (DPDP) Act, 2023 upholds individuals' rights to safeguard their data, incorporating established principles for its protection, the government has said.  According to Ministry of Electronics & IT, these principles include obtaining consent for lawful and transparent use of personal data, limiting its use to specified purposes, minimising data coll...
Digital data protection bill reflects India's commitment to safeguarding users: Centre
Digital data protection bill reflects India's commitment to safeguarding users: Centre
Source: IANS
2024-07-26 10:45:47 am
VerSe Innovation acquires global digital newsstand Magzter Local language technology platform VerSe Innovation on Thursday said it has acquired Magzter, a cross-platform, global digital newsstand with a library of more than 8,500 premium magazines and newspapers, for an undisclosed sum. Launched as ‘Dailyhunt Premium’, this subscription-based offering will provide users access to premium content from global publishers in more than 60 languages, including English, French, Italian, Japanese, Russian, Spanish, and more. The global publ...
VerSe Innovation acquires global digital newsstand Magzter
VerSe Innovation acquires global digital newsstand Magzter
Source: IANS
2024-04-18 11:34:14 am
Edtech company Simplilearn`s losses swell 36% in FY23, revenue up 50% Digital upskilling platform Simplilearn saw its losses grow more than 36 per cent to Rs 244 crore during FY23 as compared to Rs 179 crore in FY22. Various overheads resulted in its overall expenditure reaching Rs 944 crore in FY23 as compared to Rs 643 crore in FY22, reports Entrackr. With nearly 47 per cent surge in the total expenditure, the losses for the edtech firm also increased in FY23. The edtech company saw its operating revenue grow to Rs 684 crore in FY23 from Rs 341 crore...
Edtech company Simplilearn`s losses swell 36% in FY23, revenue up 50%
Edtech company Simplilearn`s losses swell 36% in FY23, revenue up 50%
Source: IANS
2024-01-06 04:04:20 pm