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Business intelligence and analytics firm Pyramid Analytics raises $100M

TechCrunch

Pervasive BI remains elusive, but statistics on the category reveal that about a third of employees use BI tools for analytics to inform strategy. The big data and business analytics market could be worth $684 billion by 2030, according to Valuates Reports, if such outrageously high estimates are to be believed.

Analytics 215
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ADNOC, G42 and Presight partner to accelerate AI solutions

CIO

The achievement is testament to ADNOC’s longstanding strategy to develop and deploy pioneering technologies such as AI, robotic automation, and advanced data analytics. AI is also supporting ADNOC’s net zero by 2045 ambition and its target to achieve near-zero methane emissions by 2030.

Energy 242
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Elevate your digital transformation with impactful sustainability

CIO

The Equinix Global Tech Trends Survey found that 71% of global IT decision-makers agree that sustainability strategy and practices are critical to the longevity of their business, and 65% said their companies would only work with IT partners who can prove they meet key carbon-reduction targets.

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DS Smith sets a single-cloud agenda for sustainability

CIO

British multinational packaging giant DS Smith has committed itself to ambitious sustainability goals, and its IT strategy to standardize on a single cloud will be a key enabler. The single-cloud platform strategy will include SaaS partners used for automation of more than 40 enterprise applications, Dickson says.

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AWS to invest $5.3 to build data centers in Saudi Arabia to bolster tech in the region

CIO

Indeed, the kingdom is positioning itself as a global leader in digital technologies ahead of its hosting of the World Expo 2030 in Riyadh. Chinese competitor Huawei also has invested $400 million in cloud infrastructure for its services in Saudi Arabia. If I go back three years, there was limited cloud adoption in Arab states,” he said.

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The case for predictive AI

CIO

According to Accenture , nearly 75% of companies have already integrated AI into their business strategies, and 42% said that the return on their AI initiatives exceeded their expectations (only 1% said the return didn’t meet expectations).

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Europe’s tech leaders define a strategy to create tech giants

TechCrunch

To achieve all that, I’ll follow your ambition — 10 technology companies that are worth €100 billion or more by 2030,” Macron said. Tech giants tend to control a large chunk of their tech stack, including in areas such as cloud hosting, payments, analytics, advertising and artificial intelligence. or in China.

Strategy 184