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IBM Enhances Enterprise Cloud Capabilities in Canada to Meet Local Clients’ AI and Data Needs

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IBM’s Cloud Multizone Region (MZR) in Montreal opens doors to support Canada’s regulated industries with cloud solutions which prioritize data sovereignty through resiliency, performance, security, and compliance IBM’s watsonx® AI portfolio available on IBM Cloud® at Toronto MZR, enabling Canadian organizations to scale AI solutions in country

TORONTO and MONTREAL, April 3, 2025 /CNW/ — IBM (NYSE: IBM) announced today two key advances in its cloud capabilities in Canada, further strengthening offerings to enable Canadian organizations to scale AI deployments, and to ensure compliance with regulatory requirements for data storage and security including Canadian data sovereignty.

IBM officially opened the doors to its latest Cloud MZR in Montreal, Quebec, adding to its existing Cloud capabilities and investments across North America. IBM aims to help clients address their evolving regulatory requirements and leverage technology such as Generative AI with our secured, enterprise cloud platform.

IBM Cloud offers a high-performance, flexible, AI-optimized infrastructure with bare metal and virtual server Graphics Processing Units (GPUs) options, for IBM watsonx or other generative AI solutions. The availability of watsonx, IBM’s portfolio of AI products, on IBM Cloud at Toronto MZR addresses the growing demand for scalable, safe and responsible AI deployments in Canada. It will enable Canadian organizations to achieve high levels of reliability, scalability and security while ensuring compliance with Canada’s stringent data privacy and residency requirements.

“Our focus is on meeting the evolving needs of our clients across Canada and today is a critical milestone in providing IBM infrastructure and solutions that can help them boost productivity and performance while keeping data in-country,” said Deb Pimentel, IBM Canada President and General Manager, Technology Canada. “While we continue enriching our existing Toronto Cloud MZR with cutting-edge AI capabilities, we’re thrilled to officially open the doors to our new Montreal Cloud MZR. These developments underscore our relentless pursuit to build robust, capable cloud infrastructure across Canada, fostering an ecosystem that drives AI innovation responsibly and securely.”

Both the Montreal and Toronto MZR will offer numerous advantages to clients including access to innovative enterprise cloud-as-a-service capabilities such as IBM Cloud VPC, Red Hat® Cloud Native Products, IBM Power® Virtual Server (VS), VMware Cloud Foundations (VCF) as a Service and more:

Data sovereignty: Enterprises in regulated industries such as government and financial services, can manage and store data locally to comply with Canada’s stringent privacy regulations, ensuring sensitive information remains secure.Low latency connectivity: IBM Cloud’s high-performance network connectivity significantly reduces latency for users across Canada, essential for real-time data processing.Scalable AI: The modular design enables businesses to scale operations seamlessly, provisioning resources quickly based on demand.Access to advanced generative AI models: Clients can leverage a variety of generative AI models including Llama-3-2-11b-vision-instruct and Granite-34b-code-instruct.Open hybrid cloud strategy: The MZRs provide the ability to integrate the best features and functions from any cloud or traditional IT environment and tap the unmatched pace and quality of innovations from the open-source community.IBM Power VS allows enterprises to deploy and manage virtual server instances running AIX, IBM i, or Linux workloads in a hybrid cloud environment, offering a flexible and scalable platform for mission-critical applicationsIBM’s collaboration with Hugging Face aims to bring the best of open-source AI models to the enterprise using the watsonx portfolio.

These in-country IBM Cloud MZRs are designed to enable Canadian clients to deploy AI and mission-critical workloads with high levels of security, and help clients address their data sovereignty and regulatory compliance requirements. This includes helping them on their journey to demonstrate their compliance with the Government of Canada’s Protected B Medium Profile, a security level defined by the government for sensitive information and assets.

“Globally, enterprises, especially those in highly regulated sectors such as financial services, government, and healthcare need solutions that are tailored to their unique challenges,” said Rohit Badlaney, GM for IBM Cloud Product & Industry Platforms. “With our latest advancements in Canada, we are extending IBM’s enterprise cloud platform and sovereign cloud capabilities to Canadian organizations in these sectors, helping them to address their local regulatory requirements, keeping data secured and maintain it in country.”

As Canadian businesses seek to scale AI while ensuring trust and compliance, IBM Cloud and watsonx are poised to provide the necessary tools and platforms to maximize return on investment for AI initiatives. These new capabilities are the latest in IBM investments across North America to support clients on their modernization journeys. Our MZRs and data centers across Washington, D.C., Dallas, San Jose, Toronto, and Montreal strengthen our clients’ ability to deploy locally and scale globally.

For information on IBM’s enterprise sovereign cloud capabilities, please visit https://www.ibm.com/products/blog/ibm-cloud-delivers-enterprise-sovereign-cloud-capabilities 

Explore the power of IBM watsonx and how watsonx Developer Hub can help developers scale AI at speed.

For information on IBM Cloud, please visit https://www.ibm.com/cloud

For information on IBM Canada, please visit https://www.ibm.com/ca-en

IBM Canada Media Contact:
Ruhee Dhar
External Relations Lead
ruhee@ibm.com 

SOURCE IBM

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2026 Canton Fair Design Award Winners Showcase China’s Innovation Strength

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October 19, 2026

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GUANGZHOU, China, Oct. 19, 2026 /PRNewswire/ — As the 140th Canton Fair opens, the winners of the 2026 Canton Fair Design Award (CF Award) have also been announced. Winning products are now on display in Area D of the Canton Fair Complex, offering visitors a closer look at some of the latest advances in Chinese manufacturing and industrial design.

Among this year’s top honorees, a domestically developed high-performance sport motorcycle and an intelligent navigation capsule robot gastric endoscopy system received the Best of the Best Award, the competition’s highest recognition.

The Canton Fair also enhanced the visitor experience with a themed showcase area within the award exhibition. Built around four application-oriented concepts, namely Outdoor Pleasure, Smart Living, Cozy Home and Kitchen Elegance, the immersive displays demonstrate how innovative designs can be integrated into everyday life, helping visitors better understand the practical value behind these award-winning products.

This year, 4,218 products from 2,112 companies competed for the award. Following multiple rounds of evaluation, 222 products from 174 companies were selected.

The award-winning products reflect several key trends shaping the next stage of Chinese manufacturing. Innovation remains a defining theme, with breakthrough technologies ranging from upper limb motor function assistance and enhancement system to exoskeleton robots, underscoring the growing momentum of high-end manufacturing.

Meanwhile, intelligent technologies continue to gain traction across industries. Smart products account for more than 30% of this year’s winners, with AI-powered glasses, intelligent conference terminals and smart healthcare devices extending AI applications across home, office, medical and outdoor environments.

Sustainability is also becoming increasingly embedded throughout the product lifecycle. Green products represent over 40% of the winning entries, while innovations such as integrated energy-saving panels and sugarcane paper demonstrate how environmentally conscious practices are being incorporated into product design, materials selection and manufacturing processes.

Established in 2013, the Canton Fair Design Award is widely regarded as a benchmark for design innovation in China’s foreign trade sector. The award recognizes products that combine design excellence with commercial value, promoting the transformation and upgrading of Chinese manufacturing and supporting high-quality trade development. Entries are evaluated across five dimensions: innovation, quality, functionality, aesthetics and sustainability.

For more convenient attendance, please click here for pre-registration:
https://buyer.cantonfair.org.cn/register/buyer/email?source_type=16

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/2026-canton-fair-design-award-winners-showcase-chinas-innovation-strength-302911954.html

SOURCE Canton Fair

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InstaMall Launches Same-Day Fashion Delivery Experience, Bringing 80+ Brands to Shoppers’ Doors in Miami

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October 19, 2026

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First-of-its-kind shopping app pairs artificial intelligence with same-day delivery, bringing luxury
and contemporary brands directly to customers’ doorsteps 

Featured luxury and contemporary brands include AllSaints, John Varvatos and Aritzia

MIAMI, Oct. 19, 2026 /PRNewswire/ — InstaMall, a first-of-its-kind shopping app offering same-day delivery and access to real-time inventory across luxury and contemporary fashion, launches today in Miami, Florida. Now available via iOS and Android, InstaMall provides access to more than 80 contemporary and luxury fashion brands across Miami’s five premier retail clusters, including Balmain, Louis Vuitton, Bottega Veneta, Ganni, Coach, Diesel, Reformation, Aritzia, Cult Gaia, Prada and more. InstaMall will add more brands within the app in the coming weeks and seasons. 

Sitting at the intersection of fashion, technology and commerce, InstaMall brings inspiration and purchase together through a more dynamic way to discover and shop for fashion. The experience combines access to luxury and contemporary brands with the convenience of same-day delivery, bringing the speed customers have come to expect across categories like food and groceries to fashion while maintaining the brand experience retailers and shoppers expect.

Within the app, customers will have access to InstaMall’s AI-powered stylist and virtual try-on features, making it easier to browse, discover and shop styles online. InstaMall’s AI Stylist serves as an intelligent shopping assistant that responds to customers’ preferences in real time. Customers can use the AI Stylist to receive product recommendations, build outfits, ask questions and discover new styles, while its virtual try-on feature allows them to visualize select items on themselves before making a purchase.

“InstaMall was founded on the belief that the convenience customers have come to expect from same-day delivery should extend to the way they shop for fashion,” said Elliot Aboud, Founder and CEO of InstaMall. “As fashion and technology continue to evolve together, we saw an opportunity to create a more seamless shopping experience that brings customers closer to the brands they love, combining a curated assortment, AI-powered styling and virtual try-on with the ease and convenience of same-day delivery.”

Prior to founding InstaMall, Elliot Aboud helped build the Aroma360 and Hotel Collection brands, overseeing the launch of the first retail store and expanding the retail footprint to more than 30 stores across the United States and two in Dubai. InstaMall is bringing fashion and luxury to the next generation with its seamless shopping experience and wide selection of brands.

Customers can download InstaMall through the Apple App Store or Google Play, or by going to instamall.co.

About InstaMall 

InstaMall is a same-day fashion shopping and discovery app reimagining how consumers shop for luxury and contemporary brands. Sitting at the intersection of fashion, technology and commerce, InstaMall brings inspiration and purchase together in an experience that gives consumers a more dynamic way to discover and shop. Where on-demand delivery has long existed for categories like food and groceries, InstaMall brings that same convenience to luxury fashion for the first time, delivering the same day without compromising the brand experience fashion retailers and their customers expect. The company launched publicly in Miami on October 16, 2026, and plans to expand nationally. For more information, please visit instamall.co.

View original content to download multimedia:https://www.prnewswire.com/news-releases/instamall-launches-same-day-fashion-delivery-experience-bringing-80-brands-to-shoppers-doors-in-miami-302911889.html

SOURCE InstaMall

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PTC to Announce Fourth Fiscal Quarter and Full Year 2026 Results on Wednesday, November 4, 2026

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October 19, 2026

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BOSTON, Oct. 19, 2026 /PRNewswire/ — PTC (NASDAQ: PTC) will release its fiscal 2026 fourth quarter and full year results on Wednesday, November 4th after the stock market closes. As previously announced on October 5th, 2026, PTC entered into a definitive agreement to be acquired by Schneider Electric. In light of the pending transaction, PTC is suspending quarterly earnings conference calls and is no longer providing quarterly or annual guidance.

The earnings press release and accompanying financial data tables will be accessible on the Investor Relations section of the company’s website at PTC Investor Relations.

About

PTC (NASDAQ: PTC) is a global software company that enables manufacturers and product companies to digitally transform how they design, manufacture, and service the physical products the world relies on. Headquartered in Boston, Massachusetts, PTC employs over 7,000 people and supports more than 30,000 customers globally. For more information, please visit www.ptc.com.

Investors

Michael Maguire
mmaguire@ptc.com
investor@ptc.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/ptc-to-announce-fourth-fiscal-quarter-and-full-year-2026-results-on-wednesday-november-4-2026-302912229.html

SOURCE PTC Inc.

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