IT Brief Canada - Technology news for CIOs & IT decision-makers

Latest news - Page 364

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New benchmarks set by HighPoint & Xinnor for RAID storage

Wed, 22nd Jan 2025
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storage
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enterprise storage
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nvme
HighPoint Technologies and Xinnor have unveiled impressive performance results from their collaboration on RAID storage solutions, offering speeds of up to 52.7 GB/s.
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Teranode Group launched to lead blockchain innovation

Wed, 22nd Jan 2025
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martech
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physical security
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cisco
The Teranode Group has officially launched to spearhead blockchain innovation, uniting industry expertise to deliver scalable, cost-effective solutions.
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TCS surpasses USD $21.3 billion in global brand value

Tue, 21st Jan 2025
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ai
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clean technologies
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it services
Tata Consultancy Services has become the second global IT services brand to surpass a staggering brand valuation of USD $21.3 billion, marking an 826% growth since 2010.
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Seagate ships Exos M drives up to 36TB with Mozaic 3+

Tue, 21st Jan 2025
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network infrastructure
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hyperscale
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dc
Seagate Technology has begun shipping Exos M hard drive samples with capacities up to 36TB, utilising its Mozaic 3+ platform to enhance data storage solutions.
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SUSE unveils edge solutions to boost retail operations

Tue, 21st Jan 2025
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data analytics
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cx
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edge computing
SUSE has launched the SUSE Edge Suite and SUSE Edge 3.2, aiming to enhance retail operations through innovative edge computing solutions.
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Alibaba Cloud enhances AI tools for global developers

Tue, 21st Jan 2025
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genai
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llms
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ai
Alibaba Cloud has unveiled initiatives to empower global developers with cutting-edge AI tools, including new models and the GenAI Empowerment Program.
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AnalytixInsight raises CAD $120k through share issuance

Tue, 21st Jan 2025
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data analytics
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fintech
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financial services
AnalytixInsight has raised CAD $120,000 through a non-brokered private placement of 12 million common shares at CAD $0.01 each, pending TSX acceptance.
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Boba Mint acquires 50% stake in Werd Studios for USD $2.55M

Tue, 21st Jan 2025
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investment
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distributed ledger technology
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venture capital
Boba Mint Holdings plans to acquire a 50% stake in Toronto's Werd Studios for USD $2,550,000, aiming to enhance its blockchain gaming initiatives.
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Myriad Uranium expands Copper Mountain Project to 9,320 acres

Tue, 21st Jan 2025
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mining
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financial advisory
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department of energy
Myriad Uranium has broadened the Copper Mountain Project Area from 4,200 acres to 9,320 acres, tapping into significant uranium mineralisation potential.
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Microblink reports strong 2024 growth in ID verification sector

Tue, 21st Jan 2025
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fintech
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hcm
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ai
Microblink has reported robust growth in 2024, buoyed by rising demand for its identity verification solutions and expanded integration on Google Cloud.
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Nu E Power considers acquiring Blu Dot Systems for CAD $4.59m

Tue, 21st Jan 2025
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clean technologies
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shares
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renewable energy
Nu E Power has announced plans to acquire Blu Dot Systems, exchanging 8,500,000 shares valued at CAD $0.54 each, as part of its renewable energy strategy.
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Canada invests CAD $7.3m to boost Quebec business growth

Tue, 21st Jan 2025
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investment
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entrepreneurship
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business support
Canada's government has announced an investment of over CAD $7.3 million towards eight projects aimed at boosting local businesses in Quebec's Outaouais and Laurentides regions.
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Canada invests CAD $11 million in clean fuel projects

Tue, 21st Jan 2025
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supply chain
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clean technologies
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sustainability
Marcus Powlowski has unveiled over CAD $11 million in funding for Canadian projects focused on advancing clean and alternative fuel technologies.
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Edge Total Intelligence secures CAD $5m private placement

Tue, 21st Jan 2025
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digital twins
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ai
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agentic ai
Edge Total Intelligence has successfully raised CAD $4,999,490 through a private placement, aiming to enhance its AI-powered Digital Twins technology.
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Everyday People Financial settles debt with share issue

Tue, 21st Jan 2025
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shares
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revenue management
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financial services
Everyday People Financial plans to issue 2,439,024 common shares to EAM Enterprises, settling USD $2 million of debt in a strategy to enhance liquidity.
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2024 Highlights of space technology & exploration in Canada

Tue, 21st Jan 2025
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spacetech
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gateway
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csa
The Canadian Space Agency celebrates a year of notable advancements, including a CAD $500,000 grant for space healthcare tech and a Mars discovery by the Curiosity rover.
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Canadian Space Agency funds groundbreaking QKD satellite test

Tue, 21st Jan 2025
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encryption
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advanced persistent threat protection
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data privacy
The Canadian Space Agency has invested CAD $1.4 million in QEYnet to advance quantum key distribution technology, enhancing satellite data security.
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Dataglobal unveils AI-enhanced document system windream V9

Tue, 21st Jan 2025
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uc
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document management
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digital transformation
dataglobal Group has launched windream V9, an AI-enhanced document management system designed to boost efficiency and collaboration in digital workplaces.
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68% fail in urgent vulnerability management: report

Tue, 21st Jan 2025
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advanced persistent threat protection
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risk & compliance
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cybersecurity
A recent Swimlane report reveals that 68% of organisations fail to tackle critical vulnerability within 24 hours, shedding light on severe challenges in cybersecurity management.
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BPR Hub raises USD $2.6m to simplify compliance for SMEs

Tue, 21st Jan 2025
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devops
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supply chain
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apm
BPR Hub has secured USD $2.6 million in seed funding to tackle manufacturing compliance challenges, aiming to simplify regulatory processes for businesses worldwide.