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Digital Assembly 2019: new actions on quantum, EU-Africa taskforce report and digital start-ups

Vlad Poptamas

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Today and tomorrow, the 8th edition of the Digital Assembly is taking place in Bucharest, Romania. The event, co-organised by the Commission and the Romanian Presidency of the Council of the European Union, will bring together representatives of EU Member States with stakeholders from industry, academia and civil society. Discussions will focus on what is needed to accelerate the digital transformation and ensure that the EU remains globally competitive. Three key initiatives will be featured: first, a joint declaration by several Member States to work together to build a quantum communication infrastructure (QCI); second, the adoption of the final report by the European Union – African Union Digital Economy Task Force with policy recommendations and concrete actions to strengthen cooperation on digital issues between the two continents; and, third, a new investment facility to scale up digital start-ups in Central, Eastern and South Eastern Europe.

Commissioner for International Cooperation and Development, Neven Mimica, said: “Digitalisation is a key driver of progress not only in Europe, but also in Africa. That is why, as part of the Africa-Europe Alliance, we are working with partners across both continents to develop policies that will best enable us to harness the power of technology to boost investment, create jobs and contribute to sustainable development. Today we are recommending concrete policies and actions to enhance the future digital cooperation of Africa and Europe.”

Commissioner for Digital Economy and Society Mariya Gabriel, added: “Over the past few years we have worked tirelessly to advance the Digital Single Market which brings tangible achievements for Europe’s citizens and businesses. We have demonstrated that opting for an EU approach is the only way to face, together, evolving challenges and succeed the digital transformation. The Digital Assembly is our key event where we will discuss future digital opportunities and political priorities and renew our commitments based on our common values.”

More specifically, the following key initiatives will be highlighted during the Digital Assembly 2019:

A new ultra-secure quantum communication network: several EU countries will declare their commitment to work together in order to build a quantum communication infrastructure (QCI) that will enable information and data to be transmitted and stored in a fully secure manner as well as integrate quantum technologies and systems into conventional communication infrastructures. As a result it will boost Europe’s capabilities in cybersecurity, quantum technologies and industrial competitiveness, keeping pace with its global competitors. For more information about the Declaration see here at 17:45 CEST today.

Adoption of the report on the digital economy partnership for AfricaEurope: the European Union – African Union Digital Economy Task Force (DETF) will adopt its report with policy recommendations and concrete actions to strengthen cooperation on digital issues between the two continents. The DETF is one of the task forces established as part of the Africa-Europe Alliance for Sustainable Investment and Jobslaunched by President Juncker in his 2018 State of the Union Address. For more information about the report see here at 14:00 CEST today.

New investment facility to scale up digital start-ups in Central, Eastern and South Eastern Europe:the European Commission together with the European Investment Bank, the European Investment Fund, the European Bank for Reconstruction and Development, and the World Bank and the International Financial Corporation will launch the Digital Innovation and Scale-up Initiative (DISI). This will be the first regional investment facility that specifically targets digital innovations and the scale-up of digital start-ups in Central, Eastern and South Eastern Europe. The first phase of the programme will last five years with a total expected budget of €600 million and a total targeted investment volume of €1.8 billion. For more information about the Digital Innovation and Scale-up Initiative see here at 09:00 CEST tomorrow.

Background

In 2015 the European Commission adopted the Digital Single Market strategy to make the most of digital opportunities in Europe. Just four years later citizens and businesses can benefit from 35 new digital rights and freedoms, includingthe abolition of roaming charges when traveling abroad, enhanced cybersecurity, and more opportunities for online shopping across borders.

The Digital Assembly offers the opportunity to look ahead, in the light of the Commission’s proposal for a Digital Europe programme for 2021-2027. The latter aims to reinforce Europe’s strategic digital capacities, with a particular focus on supercomputing, artificial intelligence, cybersecurity, advanced digital skills, and ensuring a wide use of digital capacity across the economy and society.

During last year’s edition of the Digital Assembly the Digital Agenda for the Western Balkans was launched with the aim of supporting the transition of the region into a digital economy and helping to generate faster economic growth, more jobs, and better services.

Copyright European Union, 1995-2019

SOURCE European Commission

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Synopsys Design and Verification Solutions Enable Astera Labs to Develop Industry’s First PCIe 5.0 Retimer SoC

Vlad Poptamas

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Synopsys, Inc. (Nasdaq: SNPS) today announced that Astera Labs successfully utilized Synopsys’ Fusion Design Platform, Verification Continuum Platform, and Design Services to develop its breakthrough connectivity technology for next-generation servers, all running on Amazon Web Services (AWS). The collaboration represents two game-changing industry milestones: the first large-scale design fully implemented and verified from start to finish on a third-party public cloud, and the industry’s first PCIe 5.0 retimer for heterogenous compute and workload-optimized servers.

“At Astera Labs, we are intensely focused on delivering high-quality solutions to our customers. We collaborated with Synopsys, a leader in EDA tools and PCIe technology, to ensure our products meet PCIe Gen-5 specifications and are geared for high-volume manufacturing,” said Jitendra Mohan, chief executive officer at Astera Labs. “Our High-Performance Compute (HPC) infrastructure is hosted entirely on AWS and we heavily leveraged the scale of AWS and the cloud-scalability of Synopsys tools to accelerate our development schedule.”

“We are excited to collaborate with Synopsys, a market leader in chip design and verification software. Together, we are providing groundbreaking cloud solutions for our mutual semiconductor customers, which represent a significant milestone, creating smart products and devices for solutions involving IoT, machine learning, artificial intelligence, and big data,” said Terry Wise, vice president, Channels and Alliances, Amazon Web Services, Inc. “By leveraging the power of AWS, Synopsys is able to further semiconductor innovation and help Astera Labs reduce time-to-results.”

“In our collaboration with industry leaders and our ecosystem, we continue to work closely with innovators to enable next-generation designs with a broad and complete solution,” said Deirdre Hanford, co-general manager of the Design Group at Synopsys. “Our collaboration with pioneers such as Astera Labs breaks new ground in what can be achieved in combining leading EDA technology and cloud computing.”

 

SOURCE Synopsys, Inc.

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Converge Technology Solutions Announces Appointment of Mr. Ralph Garcea to Board of Directors

Vlad Poptamas

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Converge Technology Solutions Corp. (“Converge” or “the Company“) (TSXV:CTS) (FSE:0ZB) (OTCQX: CTSDF) is pleased to announce the appointment of Ralph Garcea as an independent director of the Company, effective immediately. The addition of Mr. Garcea will bring the Converge Board of Directors to a total of five individuals, four of whom are considered independent.

Mr. Garcea was a top-ranked research analyst, well regarded for his knowledge of Canadian technology, gaming and industrial companies, having received top three rankings in the past from Brendan WoodsGreenwich, Starmine, and Thomson Reuters surveys. Mr. Garcea has more than 22 years of experience in senior positions at both major and boutique investment dealers in Canada. He is the current managing partner and co-founder of Focus Merchant Group, a boutique advisory firm offering a full range of financial advisory services including strategy, mergers and acquisitions, private placements, RTO/IPO advice, valuations, fairness opinions and board of director selections.

“We are pleased to welcome Ralph Garcea to our Board of Directors, given his extensive capital markets experience in the technology sector,” stated Gordon McMillan, Chairman of the Board of Converge. “Ralph’s unique insight and experience will be instrumental as we continue to implement Converge’s strategic business plan.”

Mr. Garcea holds a Bachelors Degree (Honours) in Engineering Science (Aerospace) from the University of Toronto, and an M.B.A. (Honours) from the Schulich School of Business at York University.

 

SOURCE Converge Technology Solutions (CTS)

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For the Third Year in a Row, Sabio Takes Top Honor in Best Use of Mobile Technology Category at the Pollie Awards

Vlad Poptamas

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Sabio, the media and technology company behind App Science®, a proprietary machine learning platform that pairs observations of consumer behavior to corresponding data that inform marketing decisions, today announced it was recognized as the Pollie Awards Best Use of Mobile Technology category winner for the third year in a row.

The Pollie Awards recognize the leaders, innovators and exceptional work within the political communications and public affairs industries.

Commenting on the win, Joe Camacho, CMO of Sabio stated, “We are thrilled to be recognized for our public affairs industry work by this prestigious award. These award wins further validates the capabilities of our App Science® technology to consistently deliver the campaign winning support that political candidates need.”

App Science® can be used to target and deliver custom ads with unique technological features that resonate with today’s voters and uses Artificial Intelligence to find the right voters and target them at the right moment with the latest creative capabilities.

For a Republican Congressional campaign, Sabio used its proprietary App Science® technology to target registered Republicans, analyze the mobile behaviors of those voters such as the types of apps they use, to identify center-right leaning registered Independents and Democrats that can potentially swing a tight election. Sabio also incorporated animation and a mobile devices touch and gyroscopic technology to create custom ads that included an election day reminder feature that added the date to their phone’s calendar.

The main goal was to reach the candidate’s most likely voters with a compelling ad that utilized the latest technologies to identify, target, persuade, and remind them about the upcoming midterm election and to get them to the polls with compelling and cost efficient media. By utilizing its proprietary App Science® technology in combination with innovative custom ads that resonated with voters, Sabio helped the campaign reach more voters with fewer dollars and contributed to the nominee’s win.

The Pollie Awards and Conference is hosted by the American Association of Political Consultants and is one of the most prized and sought-after awards in the political communications and public affairs industries. The conference and awards ceremony was held in Napa, California in early April.

 

SOURCE Sabio

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