Italy-based global network provider to expand international opportunities in connectivity ecosystem

Connectbase, The Industry Cloud for Connectivity, welcomes Retelit, the leading Italy-based global fiber provider and data center network, to The Connected World platform. Retelit is leveraging Connectbase's award-winning connectivity buying and selling platform, The Connected World, to promote its global network to new audiences worldwide.

Retelit has chosen Connectbase due to Connectbase's advanced platform and well-developed buying ecosystem. The partnership will allow Retelit to streamline the way that current customers procure network assets from the provider, as well as open up new international selling opportunities.

"As Connectbase expands our footprint globally, we are excited to have Retelit — such a well-known and well-respected European brand — join us as an ecosystem partner," said Ben Edmond, Founder and CEO of Connectbase. "Their advanced global network offers a wealth of new opportunities to buyers within The Connected World and will help improve Retelit's business efficiency, practically overnight."

Retelit is the largest Italian player in the telco industry focused on the B2B market: the Group owns more than 30 data centers in Italy and boasts the most interconnected and greenest telco hub in the country, Avalon Campus. Moreover, with 43,000 km of  terrestrial fiber optic cable routes, the participation in the AAE-1 and capabilities in landing infrastructure projects, Retelit's coverage reaches 16,000 sites in Italy.

"The partnership with Connectbase will allow us to promote our extensive network to a wider global community, maximize market penetration, and also complements our advanced MEF automation platform already in place," said Jorge Alvarez, CEO of Retelit Group. "The partnership confirms our objective to improve customer experience and quality of the delivery."

AMI®, the leader in foundational technology for sustainable, scalable, and secure global computing, is set to drive the future of Intel Data Center Manager (DCM) as it takes over the development, sales, and support of DCM under an agreement with Intel. This strategic transition empowers AMI to lead further the innovation and expansion of the Intel DCM product.

With a unique position in the industry, AMI plays a pivotal role in enabling the cloud and data center ecosystem for all compute platforms. Intel DCM empowers data centers with the capability to manage and fine-tune server performance, energy consumption, and cooling efficiency. This operational optimization reduces the total cost of ownership, improves sustainability, and elevates performance benchmarks.

"We thank Intel for trusting AMI to lead Intel DCM into the future. This solution for efficient data center management will play a crucial role in enhancing the operational eco-efficiency of the data centers. It empowers data center managers with real-time insights into energy usage, thermal status, device health, and asset management," says Sanjoy Maity, CEO at AMI. "AMI remains steadfast in aiding data center operators in achieving their manageability and sustainability objectives."

Happiest Minds Technologies Limited, a 'Born Digital. Born Agile', Mindful IT Company, today announced that it has been honored with the IBM THINK Partner Excellence Award (TOP PARTNER AWARD), TRAILBLAZERS OF 2023, at the IBM Partner Plus event held in Mumbai.

IBM presents the Partner Excellence Award to its business partners who have showcased excellence in driving business growth and delivering exceptional client services. Happiest Minds has been recognized as Top Partner in Cloud Business 1H'23 for the cutting-edge cloud solutions that have helped businesses thrive in the current digital age.

Rajiv Shah, President & CEO of Digital Business Services, Happiest Minds said, "This incredible milestone underscores our consistent efforts to innovate, collaborate and exceed expectations. Our focus is on providing business-focused solutions, driving growth and delivering measurable value to our partners. We consider this award a recognition of our outcome-based approach in consistently delivering customer value."

Praveen R P, Senior Vice President of Digital Business Services, Happiest Minds said, "We are honored to be recognized with the Partner Excellence award. This win is a testimony to our early investments in the IBM stack including the decision to build some of our IP on this stack. I am immensely proud of what we have achieved so far, the outstanding partnerships we have cultivated and we look forward to the opportunities this recognition will bring."

Shiva Vittal, Program Director of Digital Business Services, Happiest Minds said, "This award reaffirms our commitment to delivering exceptional results and nurturing long-lasting partnerships. As we look into the future, proud of what we have accomplished, we feel more determined than ever to move forward in the path of continuous improvement, innovation and shared success."

India South Asia, IBM Cloud Platform Team, as part of the communication under the leadership of Sandip Patel, MD, IBM India said, "We are truly glad to have partnered with Happiest Minds for ten years. Through the years, Happiest Minds has demonstrated its commitment to providing the best possible solutions and has gone beyond the mark to come up with fresh and innovative ideas."

This is not the first time IBM has recognized Happiest Minds for its phenomenal work. Previously, Happiest Minds received the 2021 IBM Geography Excellence Award for APAC Best in Class – Build on IBM Cloud Partner. Through the years, Happiest Minds has received multiple awards for excellence, some of which are the Golden Peacock Business Excellence Award 2021, ICAI Award for Excellence in Financial Reporting 2021-22, McAfee Partner Award for Excellence and Golden Peacock Award for Excellence in Corporate Governance 2022.

New data and forecasts from Synergy Research Group show that the average capacity of hyperscale data centers to be opened over the next six years will soon be more than double that of current operational hyperscale data centers. While the trend has always been for the critical IT load of hyperscale data centers to grow in size over time, the impact of generative AI technology and services has provided an added impetus to the need for substantially more powerful facilities. Meanwhile, as the average IT load of individual data centers ramps up, the number of operational hyperscale data centers will continue to steadily grow. There will also be some degree of retrofitting existing data centers to boost their capacity. The overall result is that the total capacity of all operational hyperscale data centers will grow almost threefold in the next six years. 

The hyperscale research is based on an analysis of the data center footprint and operations of 19 of the world's major cloud and internet service firms, who meet Synergy's criteria for being considered hyperscale operators. This includes the largest operators in SaaS, IaaS, PaaS, search, social networking, e-commerce and gaming. By mid-2023, those companies had 926 major data centers in operation around the world. Synergy's known pipeline of future data centers includes a further 427 facilities, which is one of the main inputs to Synergy's forecast model. 

The mix of hyperscale data centers continues to change, region by region, and owned versus leased, but in aggregate the total number of worldwide data centers has doubled in the last five years. The impact of recent generative AI advances is not so much to increase the number of data centers - which will continue to grow by well over a hundred per year - but to substantially increase the amount of power required to run those data centers. As the number of GPUs in hyperscale data centers skyrockets, driven primarily by AI, so the power density of associated racks and data center facilities also need to increase substantially. This is causing hyperscale operators to rethink some of their data center architecture and deployment plans. 

Elastio, a leader in data resilience for cloud workloads on Amazon Web Services (AWS), today announced new integrations with AWS Security Hub and AWS Backup.

To help customers ensure their data is clean, non-compromised, recoverable, and resilient, Elastio announced integration between its Data Resilience Platform and AWS Backup. Elastio has also announced integration with AWS Security Hub, a cloud security posture management service that automates best practice checks, aggregates alerts, and supports automated remediation. AWS customers can now add Elastio's alerts to this centralized security alert repository.

"We have recommended and deployed Elastio with a number of our customers," said Cris Daniluk, CEO of Rhythmic Technologies. "It ensures their data is not compromised, offers cost-effective long-term retention for threat intelligence, and enables fast recoveries in the event of an issue."

The Elastio platform is run entirely from within the customer's Amazon Virtual Private Cloud (Amazon VPC). The Elastio technology does not have access to view or take custody of customer data or encryption keys. Customers control all policy details, including which AWS account(s) to run it in, what assets to scan, and the recovery point objective (RPO).

"Our clients must understand their recovery posture at all times," said Najaf Husain, CEO, Co-founder, Elastio. "We offer them insight into the health of their data and ensure its integrity and recoverability."

The expanded Elastio offering expands the company's AWS expertise, which includes the following:

• AWS Storage Competency - Elastio has achieved AWS Storage Competency Partner status
• AWS Independent Software Vendor (ISV) Accelerate – Elastio is a member of the co-sell program for organizations that provide software solutions that run on or integrate with AWS.
• AWS Marketplace Seller – Elastio is available in AWS Marketplace

Startek^®, a global customer experience (CX) solutions provider, announced today it has been recognized as a Major Contender by leading global analyst firm Everest Group in the Customer Experience Management (CXM) in the Asia Pacific (APAC) – PEAK Matrix^® Assessment 2023. This achievement underscores the company's steadfast dedication to delivering exceptional customer experiences and solidifies its role as a trusted partner in the CX industry.

"It's a great honor to be recognized by Everest Group in the CXM Services PEAK Matrix. Our position showcases our team's proven and ability to deliver innovative, digital-first CX solutions in a highly competitive market," said Bharat Rao, Global CEO, Startek. "Our commitment to delivering exceptional customer experience, coupled with our strategic focus on combining people, technology and data to deliver results, has positioned us as a frontrunner in the CX landscape."

Everest Group's CXM Services PEAK Matrix^® Assessment for 2023 - APAC Region evaluates 54 CXM service providers worldwide and assesses their market success, vision and capabilities. The report recognizes Startek outstanding commitment to addressing evolving enterprise priorities by engaging in technology partnerships and developing proprietary technology tools. These initiatives enable operational efficiencies and deliver seamless experiences for the digital-age consumer, aligning perfectly with the growing importance of AI in the CX market.

"Startek occupies an extensive network of agents across the APAC region providing strong language capabilities in several native languages such as Japanese, Sinhalese, Chinese and Hindi to tap into the fast-growing CXM opportunity in the region," said Sharang Sharma, Vice President, Everest Group. "Startek has successfully implemented outcome-based pricing models for clients that are seeking strategic partnerships. This combined with its ongoing investments to expand its cloud and employee management capabilities, has helped to position it as a Major Contender in Everest Group's Customer Experience Management (CXM) APAC – PEAK Matrix^® Assessment 2023."

Everest Group's reports affirm the Startek strategy, which includes the development of innovative capabilities and global expansion, with a strategic focus on key regions. This approach has solidified the company's position as a leading global Customer Experience (CX) provider, present in 12 countries.

Cerebrum Tech, a pioneering technology company, celebrated for its recent innovations such as Cere and Cere Insight in the field of generative artificial intelligence, has successfully secured a substantial investment of $1.8 million, valuing the company at $15 million. This achievement was made possible through the collective support of individual and institutional investors, under the leadership of Boğaziçi Ventures, one of Türkiye's foremost Venture Capital companies. This investment not only signifies a substantial vote of confidence in Cerebrum Tech's endeavors but also positions the company for further growth and innovation in the dynamic realm of generative artificial intelligence.

Cerebrum Tech, a visionary venture studio recognized for its outstanding products and solutions across diverse sectors, including artificial intelligence, finance, industry, e-commerce, and Web3, has successfully secured a noteworthy investment of $1.8 million. This investment was led by Boğaziçi Ventures, a leading name in Türkiye's technology-focused venture capital landscape. The valuation of this achievement stands at an impressive $15 million.

The investment process was realized with the enthusiastic participation of both individual and institutional investors, marking an important milestone for Cerebrum Tech. This strategic collaboration will see Cerebrum Tech become an integral part of the BV Growth Venture Capital Investment Fund's portfolio, which boasts participation from a range of forward-thinking investors, both individual and institutional alike.

In March, Cerebrum Tech unveiled Cere, a groundbreaking artificial intelligence application. Available in both personal and corporate versions, Cere is one of the first AI applications to leverage 3D avatars, offering a dynamic and immersive experience. Following this remarkable launch, September witnessed the introduction of Cere Insight, an innovative addition to the realm of artificial intelligence. Cere Insight stands out with its unique capabilities, allowing users to efficiently summarize extensive documents with multi-file support, and extract valuable insights from large datasets. Notably, it accomplishes this without necessitating coding expertise, thanks to its advanced LLM technology. Moreover, it empowers users to effortlessly create customizable chatbots with seamless web integration, delivering a transformative experience.

Cerebrum Tech has consistently championed pioneering initiatives across various sectors. From artificial intelligence and internet of things to finance and the dynamic Web3 sphere, Cerebrum Tech continues to make indelible contributions to the evolving technology landscape.

"Our aspiration is to fortify our presence in the global market through the international investments we've garnered from day one"

"Our aspiration is to fortify our presence in the global market through the international investments we've garnered from day one," affirmed Dr. Erdem Erkul, Founder and Chairman of the Board of Directors at Cerebrum Tech, an esteemed leader in Türkiye's artificial intelligence landscape. He elaborated on the company's journey, stating, "When Cerebrum Tech set its course in 2021, we committed to fostering the growth of the technology entrepreneurship ecosystem in our homeland and establishing ourselves as a distinguished new-generation technology firm on the global stage. The partnership with Boğaziçi Ventures, I believe, is a pivotal step towards achieving our ambitious goals. We will persistently innovate and scale our existing products to cater to the evolving landscape of new-generation technologies, including artificial intelligence, which is already shaping the future, for the global audience."

In addition to Boğaziçi Ventures, a prominent investment company in Türkiye, and a group of international investors, Cerebrum Tech has garnered support from Inveo Ventures Coinvestment Venture Capital Investment Fund. This forward-thinking fund specializes in investing in future technologies, aligning seamlessly with Cerebrum Tech's commitment to innovation.

Furthermore, Cerebrum Tech remains bolstered by individual investors, notably including Faruk Eczacıbaşı, one of the company's early backers. His continued involvement in this investment round underscores the unwavering commitment to Cerebrum Tech's growth and success among individual investors.

"Cerebrum Tech is set to assume a pivotal role within our portfolio"

"Cerebrum Tech is set to assume a pivotal role within our portfolio," declared Barış Özistek, Managing Partner of Boğaziçi Ventures. Boğaziçi Ventures, renowned for its unwavering focus on innovative technologies and disruptive innovation, has added Cerebrum Tech to its roster of investments. Cerebrum Tech, one of Türkiye's standout success stories in the fields of artificial intelligence and Web 3.0, has exhibited remarkable growth and potential in recent years.

"In 2023, Boğaziçi Ventures maintains its steadfast commitment to investing in visionary projects driven by technology. This approach, rooted in constructive disruption, is instrumental in shaping the future. Cerebrum Tech, now a proud member of our BV Growth Venture Capital Investment Fund, has rapidly ascended to become one of the flagship projects within our expansive portfolio."

"An Investment Paving the Way for a Bright Future"

Boğaziçi Ventures, a trailblazing name in Türkiye's alternative asset management sector, is on a mission to invest in the future by emphasizing projects that bring intrinsic value, distinct from the conventional investment management approach. Boğaziçi Ventures wholeheartedly believes in the potential of technology and technology entrepreneurs in our homeland. In each of our investments, we go beyond mere financial contributions, standing shoulder-to-shoulder with our portfolio companies throughout their journey as a dedicated team. We bolster them with our wealth of knowledge, experience, and an extensive network of resources.

As we embark on the shared journey of fostering Cerebrum Tech's growth, we take immense pride in the opportunity to co-author a new chapter of success within the vibrant entrepreneurship ecosystem of our nation. This investment embodies our unwavering commitment to catalyze innovation and pave the way for a brighter future."

New Features include MLS Photo Compliance, Captions & Voice for ADA Compatibility, Enhanced Home Space Transformations for Consumers and AI Driven Agent Productivity.

planetRE, the nation's leading enterprise cloud vendor, today announced new multimodal AI features targeted for brokerages, agents and MLSs to enhance agent productivity, MLS Compliance with new consumer tech for Enhanced Home Space Transformation and Virtual Staging to help agents close more business.

Mobile first, Advanced Aelo AI computer vision allows consumers play endlessly with stunning AI design of their dream homes – both interior and exterior spaces using a variety of design styles, prompts with utmost customization. Aelo handles home Interior Designs, Exterior Designs and furnishing of empty space with full control ("Artist Mode") or Full AI Automation ("Picasso Mode").  This saved visualization can help consumer visualize what they want and help agents close deals faster. Off market sellers can play on Aelo branded agent AI portals to be captured as potential seller leads.

Aelo MLS Suite with its own API stack, contains Photo Compliance, ADA Compatible Captions, Voice Search, Image search within MLS, automated AI Listing Descriptions from uploaded MLS photos. Aelo checks for Watermark on all  generated images for increased compliance. Agents using CRM can utilize power dialing, generating AI call summary with extraction of key events and tasks.

"Our tools offer an AI Super App for the real estate eco system under single login with top compliance," said Subrao Shenoy, CEO of planetRE. "This helps agents, brokerages and MLSs consolidate their costs in these difficult times across multiple functions, manage information in one place and attract more consumer business."