Category: Technology

BenevolentAI acquires new drug development lab

Private AI company, BenevolentAI, has acquired a UK state-of-the-art drug discovery and development facility. The facility is located on the Babraham Research Campus in Cambridge. AstraZeneca, Medimmune, One Nucleus and RxCelerate are all backers of the campus. In January 2018 Babraham Research Campus announced a new bio-incubator and life science accelerator programme. This has already begun…

SAP acquires recast.AI and invests in France

SAP is looking to France for a new generation of innovation. It has announced the acquisition of the French start up Recast.AI and is planning to incubate 50 more. Using the SAP.iO Fund, it will also invest in French start ups in their seed funding or Series A rounds. It will also spend €150 million…

The RISE and Flow with IFS

  IFS and Novacura have announced a successful joint bid at RISE, The Swedish Research Institute. Novacura, an IFS partner will implement its business process management solution Flow and IFS Applications ERP suite. It follows an extensive public procurement process by RISE to select a new finance and project management solution. RISE came into being…

Oracle Retail powers up four retailers

With the NRF Big Show in full swing, Oracle has issued several press releases around its retail portfolio. They are not the only company this week making announcements  around retail. Salesforce, JDA, Infor and others have all issued announcements to capture the headlines during this major retail show. Held just after the holiday season companies…

Tableau goes hyper speedy in new release

Tableau has announced the general availability of Tableau 10.5. This latest release sees the roll out of Hyper, its new data engine technology. It also sees the introduction of a new visualization tool: Viz Tooltip and Tableau server for Linux as well as other enhancements. Francois Ajenstat, Chief Product Officer at Tableau commented: “With Hyper…

ECC reforms to speed up mobile and rural broadband

At the end of 2017, changes to the UK’s Electronic Communications Code (ECC) came into force. The UK Government expects these to deliver faster and more reliable broadband and mobile services, especially in rural areas. The reforms were agreed back in October 2017. According to Matt Hancock, Minister for Digital: “The laws that we’ve brought…

Tesla megabattery saves grid from generator failure?

  Only commissioned on December 1st, a Tesla megabattery (the Hornsdale facility) ‘stepped in’ to balance the grid – reacting in 70ms  and beating by far the contracted 6 second response time from another power plant. Though ‘unexpected’, the value of battery support for electric grid operations has again demonstrated itself. Last week the Loy…

Medigate gets funding to secure medical devices

Medigate, another of the seemingly endless stream of Israeli cybersecurity companies, has announced $5.35 million in seed funding. The funding has come from YL Ventures and Blumberg Capital. The company is focused on securing medical devices on healthcare provider networks. The money will enable it to further develop its own technology platform. According to Jonathan…

IBM ups the stakes for Quantum Computing

IBM has announced another set of milestones for its quantum computing project. It has announced two processor upgrades. The first will give customers using the IBM Q early-access commercial system access to a 20 Qubit processor. This is an upgrade from the 17 Qubit solution announced in May. Customers will get access by the end…

Oracle helps pharmacovigilance in China

Oracle has announced that dMed is to implement Oracle Argus Safety. Argus safety provides a pharmacovigilance platform that will enable better safety decision making and optimise compliance for dMed’s customers. Customers such as Hua Medicine and Zai Lab will leverage dMed’s services including the Argus Safety platform. China is looking to emerge as a global…