Analysis 

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

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

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

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!

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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News 

In Fintech-Savvy Lithuania the IT Side of Licensing Is Easier

Fintech has done well amid the coronavirus pandemic as e-money use grows along with other forms of contactless living, and Lithuania, a European star of the industry where welcoming Fintechs is a national priority, continues to attract international players. This is largely due to the straightforward processes and the help that is available for getting licensed and up and running in the Baltic nation – including for often overlooked but vital matters of technological capabilities and compliance. “The whole Fintech ecosystem here is so developed – business support networks, clear…

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Analysis 

In-depth study of 800 cyber jobs reveals the most desired skills

Every year cyber attacks become more sophisticated and severe. So much so, that a recent study by Specops Software found that 54% of business owners from a range of sectors have experienced an increase in cyber threats this year.  To neutralise risk and protect key functions from being compromised by cyber attacks, more and more business leaders are realising the importance of cyber security positions (cyber security analyst, cyber security specialist etc.) within their organisations. Interested in this, Specops Software analysed 843 cyber security job listings on Indeed to identify…

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News 

Third Light Launches Collaborative Digital Asset Management Solution for Creative Teams

Leading digital asset management software company, Third Light, has released a significant update to its digital asset management (DAM) software, Chorus, to deliver a complete collaborative DAM solution for creative teams. The update includes groundbreaking features designed to connect teams working remotely and facilitate collaborative project cooperation. “This is more than an update – we almost think of this as a new product,” explained Third Light’s founder and Managing Director Michael Wells.  “Even if global working arrangements weren’t changing the way they have this year, the effect Chorus will have…

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News 

IoT developers to benefit from latest issue of international interoperability standard

Developers ‘toolbox’ to get significant upgrade, says global IoT standards initiative oneM2M Enabling medical equipment to accurately record the time of diagnostic readings, making it easier to locate connected devices and speeding up the time it takes to develop new apps are just some of the new features to be unveiled as part of the fourth set of oneM2M’s specifications, it has been revealed. As more organizations and national agencies advocate standardization to advance the development of the Internet of Things (IoT), the global standards initiative oneM2M is currently working…

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News 

First ever loan under EaSI Funded Instrument signed in Serbia

The European Investment Fund (EIF) and the European Union announced the first EaSI Funded Instrument loan transaction in Serbia, worth €10 million. The loan will allow Opportunity Bank Serbia (OBS), the only specialised financial services provider for micro and small enterprises on the Serbian market, to increase its outreach towards vulnerable entrepreneurs, particularly in rural areas. OBS plays an instrumental role in the local economy by enhancing farmers’ access to various loan products. The transaction will enhance the lending capacity of OBS, whose financial offer is complemented by non-financial services. The…

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News 

G+D Mobile Security offers the first nuSIM management service for IoT solutions

G+D Mobile Security leverages its long experience in eSIM management to commercially offer the first service to securely provision SIM data during IoT module and device production. Deutsche Telekom has selected and qualified the service for the in-factory personalization of nuSIM, the integrated SIM solution for IoT. Many IoT applications require low-cost equipment, low power consumption and small form factors. The SIM card, as a mandatory component of mobile connectivity, has a decisive influence on meeting these requirements. As an alternative to inserting a separate, physical SIM into an NB…

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