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Cognizant Ransomware Losses May Reach $70 Million

Cognizant Ransomware Losses May Reach $70 Million

Global BPO firm Cognizant (NASDAQ:CTSH) who markets itself as a guardian of corporate security, was itself infected by Maze Ransomware, inhibiting and encrypting multiple corporate systems last month. Now the New Jersey based company says on an earnings call that the dollar value of the losses caused by the penetration in the second quarter of...

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Amazon AWS Announces New Network Edge Location For Colombia, Additional LatAm Infrastructure & Training Commitments

Amazon AWS Announces New Network Edge Location For Colombia, Additional LatAm Infrastructure & Training Commitments

Amazon Web Services (AWS) (NASDAQ: AMZN) announced in Bogotá yesterday that it would activate an edge location in Colombia by the end of 2019, making Colombia Amazon AWS’s first Latin American network access point outside of North America or Brazil. The cloud services and retail giant also announced a collaboration with SENA, Colombia’s national community...

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NICE & CallVU Announce Collaboration To Bring RPA To Customer Engagement

NICE & CallVU Announce Collaboration To Bring RPA To Customer Engagement

NICE (Nasdaq: NICE) last week announced a partnership between NICE Robotic Process Automation (RPA) and CallVU to offer visually enriched IVR (Interactive Voice Response) and digital customer engagement at the front end, together with smart automation of complex back end processes. The integrated offering enables organizations to gain greater operational efficiencies such as increased processing...

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Photo Courtesy of Volkswagen Group. Volkswagen started the countdown to the future with the world premiere of its visionary I.D. study at the Paris Motor Show in 2016. The compact 125 kW I.D. is a highly automated electric car based on Volkswagen’s ground-breaking All-New Electric Architecture. With one battery charge, the I.D. can cover distances between 400 and 600 kilometers. The production version is to be launched in 2020 at the price level of a Golf with comparable power output and equipment. However, Volkswagen is looking much further into the future with the study. In the I.D. Pilot mode, the electric car allows fully automated driving. This technology is to be ready for series production by 2025.

VW Taps Amazon AWS To Power The “Volkswagen Industrial Cloud,” Powering Automobile Manufacturing & Logistics Processes

Yesterday, Amazon Web Services (AWS) (NASDAQ: AMZN), and the Volkswagen Group (VW) (ETR:VOW3) announced a multi-year, global agreement to build the Volkswagen Industrial Cloud, a cloud-based Industrial digital production platform that will transform the automotive company’s manufacturing and logistics processes. Volkswagen will rely upon the breadth and depth of AWS’s portfolio of services, including IoT,...

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NICE Systems (Image credit: NICE Systems)

In Move to Beef Up Customer Analytics, NICE Closes on Deal to Acquire Mattersight

In a move to beef up its customer service offerings, cloud software provider NICE Ltd. (NASDAQ: NICE) has closed on its acquisition of Mattersight Corporation (NASDAQ: MATR), a behavioral analytics company based in Chicago. Specifically, the Hoboken, New Jersey-based company says that plans to integrate Mattersight’s customer analytics and “predictive behavioral routing” technology with its...

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