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Atos staves off bankruptcy, casts wider net for refinancing

CIO Business Intelligence

But the company is out of ideas for finding new money after the collapse of plans to sell its legacy infrastructure management business to an investment fund and its big data business to Airbus. But negotiations to sell that business to investment fund EP Equity Investment collapsed in February 2024.

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Dubai-based GMG invests in next-gen tech to improve customer needs

CIO Business Intelligence

“It would be naïve to underestimate the pandemic’s influence on many companies’ digital transformation,” says Sunil Nair, Group CIO at GMG. The pandemic affected our ability to conduct business in-person, so companies had no choice but to quickly roll out digital tools and amend plans to ensure business continuity.

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An Intelligent Future for Manufacturing

CIO Business Intelligence

“Going digital is not only necessary for economic development,” writes Liu Chao, CEO of Huawei’s Manufacturing Business Unit, “but it is also the key to building a modern economic system and shaping industrial competitiveness.” The company has since sold over four million NEVs and in 2022 became the top seller among NEV brands worldwide.

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Resilient data backup and recovery is critical to enterprise success

CIO Business Intelligence

Meanwhile, F oundry’s Digital Business Research shows 38% of organizations surveyed are increasing spend on Big Data projects. While these developments present exciting opportunities, it’s vital businesses also ensure they have a robust resiliency strategy in place. Find out more on the Veeam website. [1]

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