Latest news with #digitalsolutions
National Post
3 days ago
- Business
- National Post
LTIMindtree Launches 'BlueVerse' -- An AI Ecosystem that will Define the Enterprise of the Future
Article content WARREN, N.J. & MUMBAI, India — LTIMindtree [NSE: LTIM, BSE: 540005], a global technology consulting and digital solutions company, has announced the launch of a new business unit and suite of AI services and solutions: BlueVerse. Designed as a complete AI ecosystem, it helps enterprises accelerate their AI concept-to-value journey. This ecosystem is a universe of components that enterprises need to elevate business operations, achieve breakthrough productivity, and create transformational customer experiences. Article content BlueVerse Marketplace currently has over 300 industry and function-specific agents and ensures seamless interoperability and a growing connector ecosystem. It is underpinned by responsible AI governance, delivering enterprise-grade trust and scalability. Article content Article content BlueVerse Productized Services utilize repeatable frameworks, accelerators, and industry-specific solution kits. At launch, BlueVerse will offer pre-built solutions for Marketing Services and Contact Center as a Service (CCaaS). With Marketing Services businesses can unlock unparalleled campaign effectiveness and achieve maximum ROI, transforming their marketing strategies into powerful growth engines. CCaaS uses context-aware AI agents to reduce response times leading to enhanced customer satisfaction. Article content This ecosystem also includes BlueVerse Foundry, an intuitive no-code designer and flexible pro-code editor that can enable enterprises to quickly compose and deploy AI agents, AI Tools, assistants, Retrieval-Augmented Generation (RAG) pipelines and intelligent business processes. Article content Venu Lambu, Chief Executive Officer and Managing Director, LTIMindtree Article content , said, 'BlueVerse is all about unlocking productivity for businesses at different levels by embedding AI across all functions of the enterprise. Backed by a strategic partnership ecosystem and deep AI expertise, it positions LTIMindtree as the partner of choice for future-ready organizations.' Article content 'BlueVerse will enable our clients to unlock new sources of value, streamline operations, and stay ahead in an AI-driven world,' said Nachiket Deshpande, President, Global AI Services, Strategic Deals and Partnerships. 'By embedding advanced AI across core business functions, we aim to deliver measurable outcomes and create long-term competitive advantage for our clients.' Article content BlueVerse is where autonomous agents and enterprise ambition converge. At LTIMindtree, we're not just bringing AI to business—we're making business Agentic. To learn more about BlueVerse please click here. Article content About LTIMindtree: Article content LTIMindtree is a global technology consulting and digital solutions company that enables enterprises across industries to reimagine business models, accelerate innovation, and maximize growth by harnessing digital technologies. As a digital transformation partner to more than 700 clients, LTIMindtree brings extensive domain and technology expertise to help drive superior competitive differentiation, customer experiences, and business outcomes in a converging world. Powered by 84,000+ talented and entrepreneurial professionals across more than 40 countries, LTIMindtree — a Larsen & Toubro Group company — solves the most complex business challenges and delivers transformation at scale. For more information, please visit Article content Article content Article content Article content Article content Contacts Article content Media Contact: Article content Article content Article content
Zawya
10-06-2025
- Business
- Zawya
HIMA Group continues growth path, strengthening its position as key solutions provider
Dubai: HIMA Group, a leading provider of safety-related automation solutions, has continued its significant growth path in the fiscal year 2024. Revenue increased to EUR 186 million, driven largely by international expansion and an increasing focus on digital solutions. Following an already very successful fiscal year 2023, the HIMA Group continued its growth momentum in 2024. Revenue rose by 23 percent, from EUR 151 million in 2023 to EUR 186 million in 2024. Organic growth was 12 percent in 2024. Jörg de la Motte, CEO of HIMA Group, said, 'With the acquisition of Sella Controls and Origo Solutions in 2023 and 2024, we have brought new expertise into the company and strengthened our market position as a key solutions provider. In addition, we have further expanded our operations outside Europe to support demanding customer projects locally.' In Europe, 24 percent of sales were generated from Germany, Austria and Switzerland, 19 percent from other EU countries, 11 percent from the United Kingdom, and 9 percent from Norway. The Asia-Pacific region contributed 19 percent to sales, followed by the Middle East and India with 12 percent and the Americas with 6 percent. Dr. Michael Löbig, CFO of HIMA Group, said, 'The encouraging sales performance is a clear signal of the viability of our business model. We expect further sales growth in the current year, although the market environment remains challenging, particularly in Germany.' Railway sector witnessed strong growth In 2024, HIMA recorded substantial growth, particularly in the railway sector, with one of the reasons being new customer projects supported by Sella Controls. The railway industry now accounts for 17 percent of sales. An expanded product and solution portfolio was presented for the first time at InnoTrans 2024. It was very well received by trade visitors, particularly because of its high flexibility, easy integration, cost efficiency, and ability to promote the digital transformation of railway transport. International expansion continues Following the opening of a new subsidiary in Saudi Arabia in 2023, another was established in India in November 2024. In addition, new sales offices and service centers were opened in several countries. In China, for example, a new service center commenced operations in Zhanjiang to better serve customers in the southeastern part of the country. In addition, a subsidiary was opened in Colombia, and a branch is planned in Peru. Further expansion in these growth markets is planned to support large and demanding customer projects locally. In regions where the HIMA Group does not have a direct presence, the partner program has been further expanded. 'With these investments in high-growth regions, we are further expanding our customer proximity and strengthening our international position,' added Jörg de la Motte. Investments in digitalization and artificial intelligence (AI) The portfolio has been expanded to include new digital solutions such as cockpits for controlling safety lifecycle management, SCADA+, and safeHMI. The safeHMI, developed in partnership with DEUTA-Werke, replaces classic, hard-wired visualization solutions with secure, flexible control panels. The long-standing cooperation with security specialist genua has also been further intensified in order to strengthen the resilience of automation systems against cyber threats. Jörg de la Motte said, 'Our strategy with a clear focus on digitalization under the motto #safetygoesdigital is paying off. With our digital cockpits for controlling safety lifecycle management, safeHMI, and SCADA+, we offer our customers real added value.' Continuing education is also embracing digitization. With the "Digital HIMA Academy", the company is digitizing all training processes and offering employees and customers a digital learning platform. HIMA Group is increasingly focusing on AI-based innovations and has expanded its own innovation lab, 'himalaya', in Mannheim to accommodate this. Solutions developed here that are already in pilot use include AI-supported remote diagnosis, which detects anomalies in safety control systems at an early stage and enables proactive maintenance. The company's internal chatbot, 'Ask Paula', which specializes in functional safety, will be introduced in June 2025. Dr. Michael Löbig said, 'AI has great potential for HIMA Group, both internally and externally. Our innovation lab, 'himalaya', is the right place to quickly identify and tap into applications and potential.' Sustainability as a priority "At HIMA Group, sustainability is a central component of our corporate philosophy and serves to secure the future of our company," explains Steffen Philipp, Managing Partner of HIMA Group. This is particularly evident in the responsible use of resources and the protection of people and the environment. To operate successfully and responsibly in the long term, HIMA pursues economic, ecological, and social goals. These include participation in sustainability initiatives, the establishment of a global CSRD team, sustainable location and trade fair concepts, as well as ideas competitions and awards for particularly successfully implemented projects. "For every customer feedback, HIMA makes a contribution to tree planting and thus makes an active contribution to environmental protection," adds Dr. Michael Löbig. For further information, please contact: Orient Planet Group (OPG) Email: media@ Website:
Zawya
22-05-2025
- Business
- Zawya
EQIQ doubles down on Iraq's digital economy, plans to double fund to $30mln after backing 5 tech startups
Abu Dhabi, UAE – Abu Dhabi, UAE – EQIQ, a venture capital fund and venture builder led by founding partners with a track record of investing over $500 million in technology startups and generating more than 3.3x return, is expanding its fund size from $15M to $30M. Domiciled in Abu Dhabi Global Market (ADGM), EQIQ is pursuing both greenfield (seeding new ventures) and brownfield (scaling established startups) investments in technology startups in Iraq. By aligning synergies across verticals in e-commerce, logistics, and fintech, the fund aims to create holistic, digital solutions that address real challenges and serve millions of users with delightful experiences. EQIQ was founded by serial entrepreneur Mohamed Al-Hakim, who launched his first startup at the age of 15 and exited his first startup at the age of 19. After growing up in Europe, studying at University College London, and working in investment banking at Goldman Sachs in London, Mohamed decided to move back to Iraq in 2014 to help build the tech ecosystem. From launching one of the first fintech companies in the country to being the CEO of Careem in Iraq and Jordan, Al-Hakim has been at the forefront of the technology ecosystem in Iraq since his reverse migration. Far from being a smooth journey, the last 10 years have seen a remarkable shift in the outlook for the Iraqi economy. Al-Hakim believes the country will experience a transformational shift over the next 10 years. 'Iraq has significant untapped potential underpinned by a young, vibrant, and tech-savvy population that is hungry to achieve. The country is underserved in many sectors; capital has been scarce as investors have been cautious to enter a market they know li
Zawya
21-05-2025
- Business
- Zawya
East-West Digital: A new Iberdrola Company launched at the 2025 ‘Qatar Economic Forum, powered by Bloomberg'
The Company will design, industrialize, and commercialize AI-based solutions for Sustainability with a global reach Doha, Qatar: Iberdrola today announced the official launch of East-West Digital, a new company dedicated to the development and commercialization of AI-powered digital solutions for sustainability. East-West Digital will leverage innovations developed by Iberdrola Innovation Middle East, a leading global digital solutions Innovation Center established by Iberdrola at the Qatar Science and Technology Park in 2016. The announcement was made during a press conference held at the 2025 'Qatar Economic Forum, Powered by Bloomberg', in the presence of senior dignitaries, business leaders, and media representatives. Notably, the event saw the special attendance of H.E. Dr. Álvaro Renedo Zalba, Ambassador of the Kingdom of Spain to Qatar; Sheikh Ali Alwaleed Al-Thani, CEO of Invest Qatar; Mr. Pedro Azagra CEO of Avangrid; and Mr. Santiago Bañales, Managing Director of Iberdrola Innovation Middle East and CEO of East-West Digital. Sheikh Ali Alwaleed Al-Thani, CEO of Invest Qatar, said: 'The launch of East-West Digital marks a significant milestone in our ongoing efforts to foster innovation and sustainability in Qatar. This initiative is a testament to our ongoing collaboration with Iberdrola Innovation Middle East that began in May 2022. By leveraging cutting-edge AI technologies, East-West Digital will not only enhance our digital landscape but also contribute to global sustainability goals. This venture underscores our commitment to supporting projects that drive economic growth and technological advancement, reinforcing Qatar's position as a hub for innovation and excellence.' Mr. Pedro Azagra, CEO of Avangrid, said: 'Iberdrola's launch of East-West Digital at the 2025 'Qatar Economic Forum, Powered by Bloomberg' demonstrates our strong dedication to advancing the electrification of the global economy. This innovative initiative will leverage AI-powered solutions to develop smarter and more efficient grids, reduce external energy dependency, and boost competitiveness. By supporting local industries and generating employment opportunities, we aim to achieve not only technological progress but also economic stability and growth.' Mr. Santiago Bañales, Managing Director of Iberdrola Innovation Middle East and CEO of East-West Digital, added: 'East-West Digital is the natural progression of the work we began with Iberdrola Innovation Middle East. Our AI-based solutions are already enabling the electrification of the global energy system. East-West Digital will bring to market a portfolio of AI-driven digital solutions for business and government clients, working closely with integrators and strategic partners to scale technologies that support global sustainability goals. In doing so, we aim to align with broader efforts to support the growth of a knowledge-based economy and attract top talent, in line with the goals of Qatar National Vision 2030.' Iberdrola Innovation Middle East was established in Qatar in 2018 in the presence of Iberdrola Chairman, Ignacio Galán, and leadership from the Qatar Investment Authority. The partnership gained new strength with the signing of a Memorandum of Understanding with Invest Qatar during the state visit of His Highness the Amir of Qatar to Spain in 2022, reinforcing a shared focus on digital innovation and sustainability through the establishment of a world-leading innovation center. The announcement at the 2025 'Qatar Economic Forum, Powered by Bloomberg', aligned with one of the Forum's core pillars – 'Energy Supplies & Security' – focused on energy security and the future of global energy systems, underscoring the relevance and timing of this new venture. ABOUT IBERDROLA Iberdrola, Europe's largest electricity utility by market capitalization and one of the world's top two electricity companies, is a leader in renewables, spearheading the energy transition to a low carbon economy. The group supplies energy to almost 100 million people in dozens of countries. With a focus on renewable energy, smart networks and smart solutions for customers, Iberdrola's main markets include Europe (Spain, the United Kingdom, Portugal, France, Germany, Italy and Greece), the United States, Brazil, Mexico and Australia. The company is also present in growth markets such as Japan, Taiwan, Ireland, Sweden and Poland, among others. The company has a workforce of over 42,200 and assets in excess of €150 billion. In 2023, Iberdrola posted revenues of nearly €50 billion, net profit of €4.8 billion, with nearly €9.3 billion paid in tax contributions in the countries where it operates. The company helps to support more than 500,000 jobs in communities across its supply chain, and global supplier purchases topped €18.1 billion in 2023. A benchmark in the fight against climate change, Iberdrola has invested more than €150 billion over the past two decades to help build a sustainable energy model, based on sound environmental, social and governance (ESG) principles. Iberdrola Innovation Middle East is a world-leading innovation center, located in Qatar Science & Technology Park, that aims at defining 'the digital utility', developing innovative digital solutions for renewable energy integration, smart grids and energy efficiency and conservation.
Zawya
20-05-2025
- Business
- Zawya
Tawazun Council, Solutions+ sign collaboration agreement in AI solutions, shared services
ABU DHABI -- Tawazun Council and Solutions+, a Mubadala Company, signed a collaborative Memorandum of Understanding, marking the first step toward a formal partnership to create synergies and expand their offerings in the areas of corporate services, digital and AI solutions, and shared service capabilities to power their future operations. The MoU was signed at Mubadala stand during Make it in the Emirates 2025, in presence of Matar Ali Al Romaithi, Sector Chief of Defence and Security Industry Affairs at Tawazun Council and Dr. Bakheet Al Katheeri, CEO of the UAE Investments Platform at Mubadala. The agreement signed by Nasir Al Nabhani, Managing Director of Solutions+ and Salem Mohamed Al Saabri, Chief Finance Officer, Finance and Corporate Services at Tawazun Council and attended by officials from both sides. The milestone partnership reinforces both organisations' shared commitment to innovation, operational excellence, and future readiness. Salem Mohamed Al Saabri said, 'By combining Solutions+' expertise in enterprise platforms, automation, and AI-driven service models with the forward-thinking vision of Tawazun Council, this agreement sets the foundation for delivering seamless, efficient and intelligent corporate services across Tawazun Council's operations.' Nasir Al Nabhani said, 'Through this collaboration, we are proud to support Tawazun Council's vision to scale innovative corporate services and digital solutions that deliver long-term value. This partnership will leverage Solutions+' deep industry expertise serving government entities in all areas of shared solutions across digital, HR, finance, procurement, and integrated facilities management. This agreement marks a new milestone in our mission to be the trusted transformation partner for government and semi-government organisations across our nation.'
