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Author: enews

Analysis 

NRD Companies Reports 6% Revenue Increase in 2020

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NRD Companies, specializing in public sector and digital infrastructure solutions, reports a 6 % revenue growth in 2020—from €6.6 in 2019, to almost €7 million—with EBITDA increased from €166K to €602K. NRD Companies has reported a 6% revenue increase in 2020—from €6,6 million in 2019 to almost €7 million last year. EBITDA (earnings before interest, taxes, depreciation, and amortization) increased by 3.5 times, from €166.000 to €602.000. The group, which provides IT solutions for the public, financial and retail sectors, also reports that it has succeeded in significantly expanding the…

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Analysis 

Serbians pay THIS much for broadband internet each year!

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Alongside food, water, and shelter – the internet has become a necessity for many of us. But, like all good things, it comes at a price and until now it has not been established which European countries are paying the most and least for the privilege. Interested in information technology, AddictiveTips.com utilised broadband internet price data from Cable.co.uk and net yearly salary data from Numbeo to calculate, out of 37 European countries, who pays the most and least for broadband internet each year relative to their annual net income. Ranked: Broadband…

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News 

Semiconductor qubits scale in two dimensions

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The heart of any computer, its central processing unit, is built using semiconductor technology, which is capable of putting billions of transistors onto a single chip. Now, researchers from the group of Menno Veldhorst at QuTech, a collaboration between TU Delft and TNO, have shown that this technology can be used to build a two-dimensional array of qubits to function as a quantum processor. Their work, a crucial milestone for scalable quantum technology, was published today in Nature. Quantum computers have the potential to solve problems that are impossible to…

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News 

SEB accelerates digitisation journey with Google Cloud partnership

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SEB and Google Cloud announced that they have entered into a strategic, long-term partnership to accelerate the bank’s digitisation journey. SEB will use Google Cloud’s innovative cloud technologies, and collaborate to create pioneering new banking services for its customers. SEB’s innovation studio and next-generation banking platform, SEBx, is already benefiting from Google’s Infrastructure and Data Cloud technologies, such as Kubernetes Engine and Cloud SQL, helping the bank achieve greater cost efficiency, flexibility, and network scalability. As part of the extended partnership announced today, SEB will use Google Cloud more broadly…

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Economy & Managament 

World Bank Partners with NRD Companies to Digitize Palestinian Business Registry

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The project, initiated by the Ministry of National Economy through its World Bank-funded Innovative Private Sector Development Project (IPSD), is aimed at improving the investment climate through a range of regulatory reforms and digitizing the existing business registry. The World Bank has partnered with NRD Companies, a global IT and consulting group specializing in e-governance, to digitally transform the Palestinian economy. Part of the Innovative Private Sector Development Project (IPSD), the new initiative will focus on digitizing and automating the existing business registry. Palestine is currently ranked 173 out of…

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News 

ePassi acquires two key players to cement its position as Nordic champion for employee benefits with nearly 1.5 million users

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ePassi Payments Oy, the leading mobile payment solution for employee benefits and one of the fastest growing companies in Europe, has entered an agreement to acquire Sodexo Benefits & Rewards Services’ (BRS) business in Nordics, including Sodexo Pass Sweden and the Finnish company Eazybreak Oy. Through these acquisitions, ePassi further strengthens its position in the Nordics, nearing a userbase of 1.5 million. The combined entity will have close to 9,000 clients, more than 35,000 affiliated merchants, and a Gross Merchandise Volume of approximately EUR 350 million. “Demand for fully digital…

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Analysis 

Global IT Spending to Jump by $228B and hit $3.92T in 2021

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The COVID-19 crisis forced companies and organizations across the globe to speed up the digitalization of their business, as remote working and distance learning became the new normal amid the ongoing lockdown. The surge in the use of digital solutions and services abated the pandemic’s negative effect on IT spending, which still dropped to just under $3.7trn in 2020. According to data presented by StockApps.com, global IT spending is expected to recover in 2021 and hit a $3.92trn value, a $228bn increase in a year. Recovery to 2019 Spending Rates…

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News 

Fidesmo Pay launches in Switzerland with Cembra

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Fidesmo Pay expands in Europe and is entering Switzerland by collaborating with Cembra, a leading Swiss provider of consumer finance products and services.   Tech company Fidesmo, providing the wearable payment service Fidesmo Pay, has entered a collaboration together with Cembra. This means that customers with one of the payment cards issued by Cembra, will be able to connect it to a wearable with support for Fidesmo Pay and make contactless payments. Attractive Swiss wearable partners have already joined in and will launch their smart products based on Fidesmo Pay in…

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Analysis 

US technology industry cross border venture financing deals total $3.01bn in Q4 2020

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Total technology industry cross border venture financing deals worth $3.01bn were announced in the in Q4 2020, with $160m 8090 Partners, Arrowroot Capital, Carlos Gutierrez, Daniel Nadler, Dorm Room Fund, Escondido Ventures, Firetrail Investments, Global Public Offering Fund, Green Visor Capital Management LLC, Jerry Yang, Jipyong & Jisung, Katharine Weymouth, Lakebridge Equity Partners, Mark Cuban, Nautilus Ventures, New Enterprise Associates, Pure Asset Management, Regal Funds Management, Rise of the Rest Seed Fund, Ron Gula, Runway Growth Capital, S&P Global Ventures, Tech Pioneers Fund, The Economist Group, Thorney Opportunities, Tom Monahan,…

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Analysis 

THESE tech influencers could bank €165,000 a month from YouTube!

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Technology is evolving at such a rapid rate that it is often overwhelming for the average consumer to keep up with. Luckily, the rise of tech influencers has taken this burden of consumers with their in-depth video reviews and tutorials of various tech products. Interested in tech influencers, ManySpins.com analysed data from analytics tool on Social Blade to find out how much some of the biggest tech influencers in the world could earn each month from their official YouTube channel. Key findings from research include: Marques Brownlee is the highest earning tech influencer on…

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