The global telecoms sector's revenues grew 4.3% in 2023 to reach USD 1.1 trillion, but it is still in a difficult position despite 5G subscriptions expected to quadruple by 2028, according to PwC's Global Telecom Outlook. As the world becomes increasingly reliant on digital platforms, artificial intelligence and digital infrastructure could play a key role […]
The image of wandering through the maze of bureaucratic red tape: queuing, printing, scanning, filing and then waiting patiently for one's case to reach the relevant person. Naturally, people want the best customer experience for the tax they pay. The digitization of public services is a major contribution to this, the Budapest-based economic research institute […]
With the spread of artificial intelligence (AI), information security experts' tasks now extend to managing the security risks associated with it, as intelligent devices and AI-enabled process automation also represent new exposures, the audit and consulting firm Deloitte said in a statement sent to MTI. Gergő Barta, chief AI expert in Deloitte's cyber defense practice, […]
The National Bank of Hungary (MNB) has for the first time carried out a thematic examination of the IT, privacy and other risks of artificial intelligence and machine learning used by banks and insurance companies, the supervision found no violations, but risks that need to be addressed, the MNB told MTI on Wednesday. According to […]
The Hungarian companies of Vodafone and Bosch have set up a joint project team for 5G-based automotive testing in Budapest, Vodafone told MTI on Wednesday. The project, which will start in October, will test the 5G network in the field of driver assistance systems and vehicle development, which Vodafone will provide to Bosch. The trial […]
This Tuesday sees the start of the International Olympiad in Informatics (IOI) in the southeastern Hungarian city of Szeged, with around a thousand participants from ninety countries around the world, the organizers told MTI. The International Olympiad in Informatics has been held annually since 1989 for secondary school students from the participating countries. The IOI […]
The emergence of artificial intelligence (AI) has become an unstoppable force, revolutionizing industries and transforming workplaces across the globe. The demand for AI-powered projects and solutions is growing at an unprecedented rate, and it is becoming evident that harnessing the true potential of AI requires more than just skilled software developers. From managers to entry-level […]
To improve cybersecurity in the healthcare sector, KiberPajzs [‘CyberShield’], which is already working well in the financial sector, will be set up in Hungary. To this end, the Center for Health Management Training and the National Cyber Defense Institute have signed a strategic agreement, the two organizations told MTI on Tuesday. In their statement, they […]
Delta Systems Ltd., a wholly owned subsidiary of Delta Technologies Plc., has become an official Apple reseller as of May 2023; the company has signed a strategic agreement with Apcom Hungary Ltd., Apple's official Hungarian distributor, to support Apple products more effectively in Hungary, the companies announced at a press conference in Budapest on Monday. […]
Sales revenue from cloud technology used in manufacturing and trade is set to grow at an average annual rate of close to 20% this decade in Eastern Europe, according to market researcher Fortune Business Insights. In Hungary, the growth of the cloud technology sector may outpace regional peers as the expansion of B2C e-commerce has […]
Magyar Telekom's Digitalization Consulting Program for SMEs will be launched in March, providing management consulting, online marketing consulting, financial and legal support, tailored to the needs of SMEs, the operator told MTI on Monday. With the service, which is available free of charge, Telekom aims to support the digital transformation of businesses so that they […]
With a performance of five petaflops, Komondor, the newest and most powerful supercomputer in Hungary, debuts in the world's TOP 500 supercomputers. The system, which is operated by the Governmental Information-Technology Development Agency (KIFÜ), will soon be available to users after testing. High Performance Computing (HPC) infrastructure, a supercomputer with enormous computing power, is now […]
Invitech and A1 Telekom Austria have built a faster, more secure and higher capacity redundant fiber connection between the Austrian and Hungarian capitals. According to the companies, the new backbone network on this route will provide the shortest and most secure connection between Western and Eastern Central Europe. By connecting Invitech's and A1 Telekom Austria's […]
66% of Hungarian firms plan to cut back on IT upgrades due to the significant rise in energy prices, according to a joint survey by Association of Information Technology, Telecommunications and Electronics Enterprises (IVSZ) and the Macronome Institute. The association says that this result is also worrying because in order to maintain and increase the […]
Phishers are increasingly targeting micro, small and medium-sized enterprises while the vast majority of these businesses are still unaware of how vulnerable their own IT solutions are and how much damage an incident can cause. According to a recent survey, the greater part of small businesses do not pay enough attention to protection against phishing, […]
