Intelligent CIO Europe Issue 53 - Page 37



Ascent , a leading European digital services business , has entered into an agreement with HSBC UK to refinance its existing credit . This will provide liquidity for operations and strengthen Ascent ’ s overall M & A capabilities , with a pipeline of strategic acquisitions planned for within the next year .


The University of Luxembourg ’ s Interdisciplinary Centre for Security , Reliability and Trust ( SnT ), in collaboration with the Department of Media , Connectivity and Digital Policy ( SMC ) of the Ministry of State , has announced the development of the Luxembourg Quantum Communication Infrastructure Laboratory ( LUQCIA ). The five-year project is funded by the European Union ’ s Recovery and Resilience Facility in the context of the Next- Generation EU initiative and will aim to build a national testbed in 2023 to enable advanced and applied research in quantum key distribution and quantum Internet – a vital stage in the nextgeneration of computing and Internet usage .


European instant on-demand delivery leader , Gorillas , has selected Workday Human Capital Management ( HCM ) to digitally transform its human capital management . The implementation of Workday Human Capital Management will provide Gorillas with frictionless HR processes and analytical capabilities to create an enhanced employee experience .


Infor , the industry cloud company , has announced that Lesto Product , a Bulgarian manufacturer of metal products , is migrating to Infor CloudSuite Industrial Enterprise to help improve overall business processes . The project is managed by IPL Consulting Group , an Infor Gold channel partner and a provider of manufacturing consultancy and software implementation in Eastern Europe .
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