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First Line Software has made it to the final round of the Citi Mobile Challenge organized by Citibank™

IT and Software Development companies and startups from around the world participated in this most recent competition organized by Citibank. The goal of the Citi Mobile Challenge is to seek out new ideas and develop innovative mobile applications for their on-line banking platforms. First Line Software submitted an application targeting individual users of credit cards [...]

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Bulgaria Can Become Regional ‘Engine’ for ICT Industry in Europe

Bulgaria has the potential to become an “engine” for positive change in Southeastern Europe as regards the plans of the European Commission for the Single Digital Market, according to President Rosen Plevneliev. Plevneliev met with Andrus Ansip, the European Commission Vice-President for the Digital Single Market, on Monday in Sofia. During the meeting Plevneliev praised [...]

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Bosch opens IT center for research and development in Cluj

Bosch officially inaugurated on Wednesday a new IT center in “The Office” in Cluj-Napoca, the company says. In the new location, through the research and development projects to be initiated, the company takes a step forward in meeting the upward trend towards mobility and connectivity. The young engineers develop cutting-edge technologies in the field of [...]

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DEAC will showcase SUPERFAST implementation of services internationally

Following an increasing demand for a high quality and fast solutions, European data center operator DEAC has internationally brought it’s services into the new level. The new concept of service level allows DEAC’s customers to use SUPERFAST implementation of data center services through the dedicated channels across the Europe. DEAC has internationally developed a new [...]

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Mobile apps bring benefits and problems for enterprises in Poland

Mobile applications are increasingly important for businesses in Poland, especially in sales, warehouse management and distribution. Companies are using mobile versions of traditional systems and are also developing their own mobile apps, leading to the creation of multiplatform IT architectures. Poland’s increasing use of business apps for mobile devices is caused by two factors. First [...]

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Hungarian high-tech bracelet changes design at the touch of a button

The design firm attracted more than USD 100,000 in crowd funding over 30 days. Finally … high tech jewellery fit for a fashionista. The ‘Tago Arc’ bracelet changes designs with the touch of a button to match your outfit or mood. Design house Liber8′s Reka Kovacs explains: “This is the bracelet of the future. It’s [...]

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Slovak Post selects its network provider

Slovak Post chose Swan as network provider for its planned MVNO. Although Post signed earlier a memorandum on cooperation with Swan, there was a delay caused by the difficulties Swan had with roaming access to the networks of other operators, which is also a prerequisite for Swan’s provision of services to Post. Swan as the [...]

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Luxoft Develops Human-Machine Interface (HMI) for Rinspeed Budii Autonomous Electric Vehicle Concept

Luxoft Holding, Inc (NYSE:LXFT), a leading provider of software development services and innovative IT solutions to a global client base, announced at the Geneva Motor Show 2015 development of the Human-Machine Interface (HMI) for a revolutionary electric-powered self-driving vehicle concept, Budii, created by Rinspeed to help redefine the relationship between man and machine. Rinspeed is [...]

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Russian venture discusses the investment drain

Against the background of Russia’s dire political and economic situation, venture funds are increasingly losing interest in startups at home, in favour of their overseas rivals, with several major players abandoning the Russian market altogether. At the beginning of December Konstantin Sinyushin, CEO of the Untitled Venture Company, referred ironically to this tendency on his [...]

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10 Fintech Companies Outsourcing to Ukrainian Developers

Financial technology (Fintech) domain is getting extremely hot both for investors and for entrepreneurs. According to Accenture recent report, global investment in financial technology has more than tripled during the last five years. New technologies and increasing demand for financial services helped private fintech companies to raise nearly $3 billion in 2014. Since peer-to-peer money [...]

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