New IBM SyNAPSE chip could open era of vast neural networks

New chip with brain-inspired non-von Neumann computer architecture has one million neurons and 256 million synapses.

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Serco secures new European Medicines Agency ICT contract

Serco has secured a new contract to continue providing information and communications technology (ICT) services to the European Medicines Agency (EMA), a decentralised agency of the European Union, located in London. Serco has been supporting the EMA since 2010 and this new four-year contract, which started on 1 July 2014, is valued at €4.5m.

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IT budgets set to increase according to a third (37%) of financial services organisations

Survey of UK & Ireland financial services sector reveals companies are set to spend as cost-cutting moves down the agenda and customers become priority.

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Panasas strengthens management team

Panasas, Inc. has announced five vice president promotions across multiple functional areas. The five executives promoted include Al Biglan, vice president, software engineering; Ren Del Carlo, vice president, operations; Tim Mac, vice president, engineering services; Geoffrey Noer, vice president, product management; and Tim Vail, vice president, corporate controller.

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Hosting firm launches ‘Drag and Drop’ UK-based storage

Alternative to cloud giants with S3-compatible storage on British shores.

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Reflexis chooses IBM Cloud infrastructure

Reflexis, a leader in integrated real-time execution and workforce management solutions, has selected SoftLayer, an IBM company, to help customers in the retail industry make the transition to cloud computing. Reflexis is looking to transform the retail industry by providing customers with its own platform-as-a-service (PaaS) based on SoftLayer's infrastructure, to help them implement mobile and Web applications.

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Modernising Oracle with converged infrastructure

Customers who adopt Dell EMC VxBlock technology experienced 99% less planned and unplanned downtime according to a study by IDC.

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