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OKX Ventures Announces Strategic Investment in Web3 Gaming Company Matr1x

OKX Ventures, the investment arm of leading Web3 technology company OKX, today announced a strategic investment in Matr1x, a next-gen Web3 entertainment platform that engages users through high-quality, cyberpunk-themed e-sports games. Matr1x, which has raised about USD$20 million from a range of venture capital firms, is developing Matr1x Fire, a first-person CS:GO style shooting title, as well as a ‘battle-royale’ mode, which allows players to work together on teams to defeat enemies and emerge from the fray victorious. Matr1x Fire...

Networking

Stellantis, BlackBerry QNX and AWS Launch Virtual Cockpit, Transforming In-Vehicle Software Engineering

TechPapersWorld

Global automaker Stellantis N.V. led the creation of the world’s first virtual cockpit platform as part of its Stellantis Virtual Engineering Workbench (VEW) enabling the delivery of infotainment tech to customers 100 times faster than previous processes. The new platform uses the QNX® Hypervisor in the cloud from BlackBerry, which is now on early access release via AWS Marketplace within the QNX Accelerate portfolio of cloud-based tools. Stellantis can now create realistic virtual versions of car...

Insights

Two Types of DDoS Attacks to Look out for in 2024

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A successful Distributed Denial of Service (DDoS) attack can severely impact a company’s infrastructure, damage its reputation, and result in significant financial losses. Therefore, businesses must have a DDoS mitigation solution to protect against attacks. A report by Radware, “Multi-Cloud Application Protection Report 2023, reports that 31% of enterprises experience DDoS attacks weekly and downtime due to a successful application. DDoS attacks cost organizations an average of USD 6,130 per minute. Here are two DDoS...

Insights

Top 3 Strategies for Enterprise Cybersecurity in 2024

TechPapersWorld

In 2024, with the increasing visibility of data breaches, enterprises will need to adopt a more transparent approach to their communications. This involves openly acknowledging any security lapses and providing detailed information on the measures to address these issues. Businesses must implement more robust and effective cybersecurity solutions in response to the evolving sophistication and intensity of data breaches, threats, and frauds. These advanced measures are essential to reduce the impact and frequency of such...

Insights

Top B2B Mobile Marketing Trends to Watch Out

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Brands prioritizing mobile marketing can take advantage of significant business opportunities. The influence of social media on the global market is profound, especially since mobile advertising is deeply intertwined with various social media platforms. As per a Statista report, the global count of smartphone mobile network subscriptions hit nearly 6.4 billion in 2022, with projections to surpass 7.7 billion by 2028. China, India, and the United States top the list with the highest number of...

Insights

Top 12 Strategies for B2B Leaders to Build Trust & Connection With Employees and Customers

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In the competitive landscape of B2B enterprises, the significance of cultivating trust and connection with employees and customers cannot be overstated. Trust is the cornerstone of any successful business relationship, and companies that master this art often lead the pack. Here are key strategies B2B leaders can adopt to build a culture of trust and foster stronger connections: Embrace Transparency Transparency is foundational in building trust. B2B enterprises must be open about their operations, successes,...

Insights

Maximizing Business Value: Strategies for CIOs Using Multi-cloud Environments

TechPapersWorld

For Chief Information Officers (CIOs) and Chief Information Security Officers (CISOs), it’s crucial to have robust backup and disaster recovery strategies. These strategies should encompass on-premises and multi-cloud environments, ensuring regular backups, archiving, and seamless transfer of business plans and tools. This approach is vital for effectively transitioning between cloud providers and maximizing multi-cloud capabilities. Chief Information Officers (CIOs) can enhance operational management, deployment speed, automation, and migration simplicity while maintaining visibility and control through...

Insights

Improve Omnichannel CX via AI

TechPapersWorld

https://techpapersworld.com/10-surprising-ways-you-can-use-text-messaging/Do companies need help to provide a smooth omnichannel customer experience (CX)? Is it a challenge for them to maintain a consistent message across various touchpoints? Ensuring a uniform and integrated experience poses a significant challenge due to the multitude of touchpoints across numerous channels. To enhance omnichannel customer experience (CX), brands must have immediate access to customer data and a comprehensive understanding of their requirements. This necessitates a robust technological foundation, cross-departmental collaboration, and...

Insights

Why do AI- Projects Fail?

TechPapersWorld

Numerous AI initiatives encounter setbacks when businesses need to pay more attention to practical challenges prior to deployment. These obstacles frequently impede the company’s ability to utilize AI models’ capabilities in their enterprise software fully. Here are five common reasons behind the failure of AI projects: Lack of Data Management and Enterprise-wide Data Strategy Ineffective data management can significantly undermine the efficiency of AI applications. This issue leads to creating machine learning models that need...

Insights

What to Expect From Machine Learning in 2024

TechPapersWorld

Machine Learning (ML) and its derivative, Artificial Intelligence (AI), are reshaping the landscape of business in profound ways. From service procedures to production lines, these technologies are not just enhancing existing processes but also paving the way for new, innovative disruptions. Looking ahead, the future promises even more transformative impacts from ML and AI across various enterprise domains. At its core, machine learning involves the creation of statistical models and algorithms that enable systems to...

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