News Hub | News Direct

Technology

Artificial Intelligence Big Data Cloud Computing Cyber Security Data Management Electronics Enterprise & Network Technology Financial Technology Hardware Mobile & Wireless Nanotechnology Semiconductor Software Telecommunications
Article thumbnail News Release

Cepton discusses national security and cybersecurity concerns in LiDAR industry

Cepton Inc

Brunno Moretti, vice president of product at Cepton Inc, discusses the implications of potential action against Chinese LiDAR companies by Washington in an interview with Proactive's Stephen Gunnion. Moretti highlights two main concerns: national security and cybersecurity. LiDAR technology is crucial for creating high-definition maps around vehicles, but if parts are produced by state-backed entities from non-allied countries, there are risks related to data security and mapping sensitive areas. Moretti also emphasizes the importance of a level playing field in the LiDAR industry and the need to ensure fair competition by preventing state-subsidized companies from gaining an unfair advantage. Cepton is part of the LiDAR Coalition, which includes US and US ally-based companies aiming to raise these concerns with lawmakers. Moretti underlines the significance of this discussion, especially as LiDAR technology is just emerging in the automotive sector. He concludes by reaffirming Cepton's commitment to safety and consumer awareness regarding the technology embedded in their vehicles. Contact Details Proactive Investors +1 604-688-8158 na-editorial@proactiveinvestors.com

August 03, 2023 02:08 PM Eastern Daylight Time

Video
Article thumbnail News Release

Temporal Appoints Preeti Somal as Senior Vice President of Engineering

Temporal

Temporal, the leader in durable execution, today announced that Preeti Somal has been appointed as Senior Vice President of Engineering, reporting directly to co-founder and CTO, Samar Abbas. Over the past 8 months, Temporal has built momentum, bringing on over 450 customers to their managed service, Temporal Cloud. Somal joins at this key inflection point to help drive the efficient delivery of the key product capabilities that meet the needs of their growing open source community and speed adoption of their durable execution platform. “Preeti is an exceptionally talented engineering leader,” said Abbas. “She brings a unique breadth and depth of enterprise experience and leadership skills to our team. Her work at HashiCorp and Yahoo is perfectly suited to our core mission: helping our customers make their applications more reliable and easier to maintain, while delivering more features faster. We’re thrilled she’s joining us, as we enter a new era where demand for durable execution is exploding across virtually every sector.” Over the past half year, Temporal has attracted hundreds of organizations to adopt their managed service and Somal’s hire will help the company effectively scale to meet the step change in market demand for distributed systems reliability. Today there is tremendous demand for fault-tolerant applications, not just from developer-centric organizations but from small startups through large enterprise organizations, across a wide array of industries. Temporal allows these development teams to focus on business logic and not the complexities of distributed systems. While Temporal was initially built for highly technical organizations with large teams of software developers, now there is widespread demand from more traditional and game changing startups as well. For example, Netflix, Descript, Yum! Brands, Instacart, Comcast, and Snap all bet some of their critical systems on Temporal, which empowers these businesses to build scalable applications with ease, streamlining operations and maximizing developer productivity. “Temporal meets all the elements of what excites me most in an engineering leadership role,” said Somal. “Having been introduced to Temporal while at HashiCorp, I know first-hand the critical role Temporal plays in delivering reliable applications faster. And Temporal has quickly built an incredible community – with tens of thousands of developers worldwide. The list of organizations that use Temporal is truly remarkable, and it’s growing every single day. I feel fortunate to lead the Temporal engineering team at a time when we’re so well positioned for explosive growth.” Somal joins Temporal from HashiCorp, where she led the engineering, security and IT organizations during a period of high growth. She also led research and development at Yahoo! as Vice President of Cloud Services for four years. Prior to Yahoo!, Somal spent five years at VMware as Vice President of R&D. About Temporal: Temporal is a durable execution system that enables developers to build reliable software services and applications. It allows teams to manage an application's state at scale, monitor the execution of application logic in real-time, and push updates and changes without downtime. Platform and application teams at companies like Netflix, Snap, Stripe, and Coinbase use Temporal to run application functions as workflows that inherit scalability, durability, and fault tolerance. Learn more at temporal.io Contact Details Forrest Carman +1 206-859-3118 forrestc@owenmedia.com Company Website https://temporal.io/

August 03, 2023 09:00 AM Pacific Daylight Time

Article thumbnail News Release

Matt Mehlbrech Awarded 2023 Colorado ORBIE Award for CIO of the Year

CoorsTek

CoorsTek is proud to announce that Vice President of Information Technology Matt Mehlbrech has been named winner of the 2023 Colorado ORBIE® Award for CIO of the Year. The Colorado ORBIE Awards, presented by ColoradoCIO, honor chief information officers who have demonstrated excellence in technology leadership. ColoradoCIO recognized technology executives in six key categories – Leadership, Global, Large Enterprise, Enterprise, Large Corporate, & Corporate. Mehlbrech was the winner in the Large Enterprise category. The Awards were presented on July 28, 2023 at the Colorado ORBIE Awards event at the Hyatt Regency Denver. “I am honored to be recognized with this award and inspired by the other winners and finalists,” said Mehlbrech. “This award would not be possible without the hard work and dedication of the entire CoorsTek IT organization, who works tirelessly to support CoorsTek’s company objectives on a daily basis.” CoorsTek Chief People and Systems Officer Irma Lockridge commended Mehlbrech for the award and recognized him for the contributions that resulted in the honor. “All of us at CoorsTek are very proud of Matt and thank him for the positive impact he continues to make,” said Lockridge. “In his six-year tenure with the company, he and his organization have done a tremendous job of modernizing the tools that support our back office, our infrastructure, our security posture and overall enhancement of business intelligence platforms that help us make more informed decisions. Matt has built a strong team of talented individuals that have taken these strategic initiatives to the next level.” The ORBIE Awards is the premier technology executive recognition program in the United States. Since inception in 1998, over 700 technology leaders have received the prestigious ORBIE Award. Finalists and winners are selected by an independent peer review process, led by prior ORBIE recipients, based upon: Leadership and management effectiveness Business value created by technology innovation Engagement in industry and community endeavors About CoorsTek CoorsTek is a privately-held leading global supplier of technical ceramics, serving a wide array of industries and markets – with the vision of making the world measurably better. The company is headquartered in Golden, Colorado, with approximately 5,000 employees worldwide. CoorsTek continues to make significant investments in developing advanced materials and processes for critical applications and is the partner of choice for companies worldwide, whose success requires the unique, high-performance properties of products manufactured from engineered ceramics and advanced materials. The company is committed to delivering outstanding value through operational excellence, research, development, and manufacturing capabilities and collaborative stakeholder relationships. Learn more at www.coorstek.com. Contact Details Holly Leiker +1 303-475-1690 hleiker@coorstek.com Company Website https://www.coorstek.com

August 03, 2023 10:00 AM Mountain Daylight Time

Image
Article thumbnail News Release

xUTILITY to Lead the Way Integrating Research and Patient Care

xCures

xCures, a trailblazer in healthcare technology, is delighted to unveil xUTILITY, a solution poised to transform the patient registry paradigm in the United States. xUTILITY establishes an instantaneous patient registry platform by retrieving records nationwide and automatically digitizing and structuring the electronic health data into a common data model with AI-enhanced abstraction and source verification, as needed. In order to provide a 360-degree view of patient health, xUTILITY includes comprehensive capture capabilities for Electronic Health Records (EHR) and Social Determinants of Health (SDOH) data. "The integration of research and care is the future of healthcare," said Mika Newton, CEO of xCures. "xUTILITY brings this future to the present by delivering rich, comprehensive, and timely patient data. This connectivity will spur personalized, efficient care and groundbreaking medical discoveries." The platform's ability to capture Real-Time, Regulatory-Grade Clinical Data (RRC) is pivotal to delivering quality patient care and pursuing groundbreaking medical research. xUTILITY's distinctive feature is its ability to accommodate user document uploads, integrated with automated data extraction. The resulting synchronized data architecture introduces a new era of research-driven patient care. Its innovative data extraction process, bolstered by a complete data annotation workflow, adheres to 21 CFR Part 11, signifying xCures' unyielding commitment to data integrity. The unprecedented level of automation offered by xUTILITY translates to a remarkable workforce multiplier, with up to a 30-fold improvement in efficiency of data curation. This efficiency enables healthcare organizations to expedite decision-making, improve health outcomes, and enhance operational effectiveness. With xUTILITY, xCures is charting a course toward a future where the integration of research and care forms the backbone of healthcare delivery. About xCures xCures Inc. operates an AI-assisted platform that automatically retrieves medical records from all sites of care. The (unstructured) data is aggregated and organized into a powerful, always up-to-date care summary that helps cancer patients get the right therapy at the right time. The platform's portals, xINFORM for patients and xDECIDE for providers, facilitate treatment option decisions. The research portal, xUTILITY, generates Real-time, Regulatory-grade, Clinical data (RRC) for studies and decentralized trials. For more information, contact info@xcures.com or visit http://www.xcures.com. Contact Details xCures Inc Patrick van der Valk pvandervalk@xcures.com Company Website https://xcures.com

August 03, 2023 09:06 AM Eastern Daylight Time

Video
Article thumbnail News Release

ToolsGroup Named a Notable Vendor in the Gartner® Midmarket Context: Magic Quadrant™ for Supply Chain Planning Solutions

ToolsGroup

ToolsGroup, a global leader in retail and supply chain planning and optimization software, is proud to announce it has been named among ten Notable Vendors included in Gartner’s Midmarket Context: Magic Quadrant for Supply Chain Planning Solutions (July 2023). According to Gartner, “The SCP solution software market that supports midmarket enterprises consists of solutions that are cost-effective, user-focused and fast to deploy. The vendors included in this report all met the criteria of earning 60% or more of their 2021 revenue from midmarket enterprises with 100 to 999 employees or $50 million to $3 billion in revenue.” ToolsGroup’s continued focus on customers has driven technological innovations that make its solutions invaluable to midmarket companies. With a complete set of out-of-the-box capabilities for demand planning, inventory optimization, and replenishment, companies experience shorter time to implement and faster time to value. ToolsGroup helps customers outperform the competition, thanks to four major differentiators: · A dynamic data unification platform that enables end-to-end supply chain visibility and digital supply chain twins for more strategic planning · Probabilistic demand and supply planning that prepares supply chain teams for uncertainty and disruption in order to ensure continued customer satisfaction · AI-powered demand planning and automated inventory optimization for improved planner productivity and efficiency · A powerful multi-echelon inventory optimization model designed specifically for complex supply networks for reduced inventory and greater profitability Thanks to these capabilities, ToolsGroup customers experience a 20-30% reduction in inventory while achieving 99+% product availability. “We’re excited to be recognized by Gartner,” said ToolsGroup CEO, Inna Kuznetsova. “Supply chain leaders recognize the importance of automation and usability when skilled resources are scarce, as well as the business resilience linked to our unique probabilistic planning approach. ToolsGroup helps supply chain teams make better, faster decisions and provides the power to pivot and adapt successfully to disruptions and volatility.” Learn more about ToolsGroup’s award-winning, customer-centric supply chain planning solutions HERE. Gartner Disclaimer GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and is used herein with permission. All rights reserved. Magic Quadrant is a registered trademark of Gartner, Inc. and/or its affiliates and is used herein with permission. All rights reserved. Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose. About ToolsGroup ToolsGroup’s innovative AI-powered solutions enable retailers, distributors, and manufacturers to navigate through supply chain uncertainty. Our retail and supply chain planning suites empower a new level of intelligent decision making and unlock powerful business improvements in forecast accuracy, service levels, and inventory - delighting customers and achieving financial and ESG KPIs. Stay in touch with ToolsGroup on LinkedIn, Twitter, YouTube, or visit www.toolsgroup.com. Contact Details Meir Kahtan +1 917-864-0800 mkahtan@rcn.com Company Website https://www.toolsgroup.com

August 03, 2023 08:30 AM Eastern Daylight Time

Image
Article thumbnail News Release

ARway.ai CEO Evan Gappelberg reveals bold move to SaaS model for accelerated growth

ARway

Evan Gappelberg, CEO of ARway.ai, discusses the company's shift to a software-as-a-service (SaaS) business model in an interview with Proactive's Stephen Gunnion. With substantial success in its Enterprise Program and 35 ongoing global pilots, Arway aims to expand its market reach and enhance platform adoption. The transition to SaaS is expected to accelerate this user adoption. The platform currently boasts 2,800 users, and by introducing a range of plans, ARway aims to attract a broader audience. These plans include a starter plan with limited features for trial, a student plan aimed at post-secondary students, a developer plan for mobile application creation, a partner plan for agencies, and a corporate plan for enterprise clients. With Apple's upcoming AR glasses release projected in 2024, Arway anticipates a surge in demand for AR technology and is strategically positioning itself for this wave of interest. As the company continues to win contracts over competitors in the indoor navigation market, the future looks promising for ARway's growth trajectory. Contact Details Proactive Investors Canada +1 604-688-8158 na-editorial@proactiveinvestors.com

August 02, 2023 02:30 PM Eastern Daylight Time

Video
Article thumbnail News Release

Innovative Eyewear CEO says company is leading innovation in smart eyewear; unveils new Blueshift Lens

Innovative Eyewear

Innovative Eyewear Inc CEO Harrison Gross joined Proactive's Stephen Gunnion with insights on the company's mission to revolutionize eyewear with smart technology - and news of the launch of the Lucyd Blueshift Lens. Harrison explained that the core product is a pair of smart glasses that seamlessly blend technology with style, enabling users to stay connected while protecting and correcting their vision. These smart glasses function as headphones, offer noise-canceling microphones, and integrate voice assistants like Siri and Google Voice for hands-free convenience. The addition of the Blueshift Lens provides protection against harmful blue light from digital screens. Gross said the recent introduction of ChatGPT integration brings powerful artificial intelligence (AI) capabilities to the glasses, allowing users to access vast amounts of information effortlessly. He also discussed the company's partnership with renowned fashion brands including Nautica, Eddie Bauer and Reebok, highlighting the vision to make smart eyewear a fashionable and accessible accessory. Although still a niche market, the company is optimistic about the smart eyewear market's growth potential. Contact Details Proactive Investors +1 604-688-8158 na-editorial@proactiveinvestors.com

August 02, 2023 02:26 PM Eastern Daylight Time

Video
Article thumbnail News Release

Capturing Steady Consumer Spending on Health Care with XLV

Select Sector SPDR

One pocket of sector investing that can be easily overlooked is the health care sector, which is typically at the top or near the top of consumer spending and increases year over year. This was amplified during the pandemic. But even post-pandemic, health care continues to be a driver of the U.S. economy and deserves a presence in a diversified portfolio, especially when considering our aging population and shifting demographics. Representing a large portion of the U.S. economy, the health care industry provides essential care, prescriptions, and services that many lives depend on. Given the increasing demand driven by an aging population, investing in this sector can offer substantial opportunities. The Health Care Select Sector SPDR Fund (XLV) offers access to this valuable part of the economy that touches all. XLV tracks health care stocks from within the S&P 500 Index, weighted by market cap. The ETF offers broad exposure to core companies in the U.S. health care industry. The fund’s top 10 holdings* represent over 50% of the fund. UnitedHealth Group is the largest holding at 9.38%, followed by Johnson & Johnson (8.66%), Eli Lilly (7.12%), Merck (5.38%), AbbVie (5.25%), Thermo Fisher Scientific (4.21%), Pfizer (4.05%), Abbott Labs (3.85%), Danaher (3.37%), and Bristol-Myers Squibb (2.60%). Oldest Health Care ETF on Market Launched in 1998, XLV is the oldest health care ETF in the segment and continues to be a go-to tool for advisors and investors. The ETF is used widely for strategic or tactical positions, depending on the portfolio and investor. With more than $40 billion in assets under management and a low expense ratio of 0.10%**, XLV is actively traded with millions of shares exchanged daily. Since XLV is cap-weighted and selects only from the S&P 500, it tilts heavily toward more stable mega-caps. This open-ended fund tracks the Health Care Select Sector Index. But what XLV really does is offer easy access to the top names in the industry, including pharmaceuticals, health care equipment and supplies, health care providers and services, biotechnology, life sciences tools and services, and health care technology industries. And packaged in the exchange-traded fund wrapper, XLV offers a diversified approach to investing in the health care sector. For exposure to the U.S. health care market and the consumer spending behind it, XLV opens the door for advisors and investors of all sizes. DISCLAIMER: This is a work of research and should not be taken as investment or financial advice. Therefore, Select Sector SPDRs or the publisher is not liable for any decision made based on the publication. About the Company: Select Sector SPDR ETFs offer flexibility and customization opportunities. Many investors have similar outlooks, but no two are exactly alike. Select Sector SPDR ETFs let investors select the sectors that best meet their investment goals. * Holdings, Weightings & Assets as of 7/31/23 subject to change ** Ordinary brokerage fees apply DISCLOSURES The S&P 500 Index is an unmanaged index of 500 common stocks that is generally considered representative of the U.S. stock market. The index is heavily weighted toward stocks with large market capitalizations and represents approximately two-thirds of the total market value of all domestic common stocks. The S&P 500 Index figures do not reflect any fees, expenses or taxes. An investor should consider investment objectives, risks, fees and expenses before investing. One may not invest directly in an index. Transparent ETFs provide daily disclosure of portfolio holdings and weightings All ETFs are subject to risk, including loss of principal. Sector ETF products are also subject to sector risk and nondiversification risk, which generally will result in greater price fluctuations than the overall market. Diversification does not eliminate risk. An investor should consider investment objectives, risks, charges and expenses carefully before investing. To obtain a prospectus, which contains this and other information, call 1-866-SECTOR-ETF (732-8673) or visit www.sectorspdrs.com. Read the prospectus carefully before investing. ALPS Portfolio Solutions Distributor, Inc., a registered broker-dealer, is distributor for the Select Sector SPDR Trust. Media Contact: Company: Select Sector SPDRs Contact: Dan Dolan* Address: 1290 Broadway, Suite 1000, Denver, CO 80203 Country: United States Email: dan.dolan@sectorspdrs.com Website: https://www.sectorspdrs.com/ *Dan Dolan is a Registered Representative of ALPS Portfolio Solutions Distributor, Inc. ALPS Portfolio Solutions Distributor, Inc., a registered broker-dealer, is the distributor for the Select Sector SPDR Trust. SEL006762 EXP 10/31/23 Contact Details Dan Dolan dan.dolan@sectorspdrs.com Company Website https://www.sectorspdrs.com/

August 02, 2023 01:57 PM Eastern Daylight Time

Article thumbnail News Release

BNB Chain Partners with PLANET on its Mission of Blockchain for Environmental Good

PLANET

Binance-created BNB Chain, one of the most popular blockchains in the crypto space, has announced its partnership with PLANET, the blockchain for good platform directing the power of celebrities, fandom, and technology towards a sustainable future as envisioned by the United Nations' 17 Sustainable Development Goals (SDGs). BNB Chain announced the partnership from its official Twitter/X account and sees PLANET become an ecosystem partner to the BNB Chain. While details of the partnership are being released bit by bit, insiders expect broad-based cooperation across PLANET's ecosystem of utilities. PLANET has announced celebrity-backed Real World Assets (RWAs) - rare collectibles that will be made available for sale to PLANET's global communities. These RWAs are an essential part of PLANET's roadmap of carving out a sustainable $100 million annual revenue protocol as it disrupts the $300 billion green tech industry, and it is expected they might be made available on the BNB Chain. PLANET is also releasing digital Mystery Boxes with random attributes - with some carrying these extremely collectible RWAs - presenting another possible area of collaboration. The partnership with BNB Chain builds on a slew of recent announcements from PLANET. The wave began on July 6th, 2023, when football superstar Lionel Messi tweeted an animated video stating that he was working on something. The 33-second video showed the Greatest of All Time (GOAT) footballer kicking away a can labeled pollution. Internet sleuths found an unexpected clue - what seems to be PLANET's logo and an invitation to Join the PLANET on a billboard in the background as Messi walks through a city. This led to speculation that Messi is one of the first celebrities PLANET is partnering with on environmental causes. The momentum continued when Messi's new football team, Inter Miami CF, shared the video from their official Twitter/X account on July 24th, 2023, which renewed excitement about the possibility that the team had joined PLANET's sustainability cause. The Certik-audited $PLANET token has recently been listed on the top-tier Centralized Exchange (CEX) Bybit. It is also listed on other popular exchanges like Gate.io, MEXC, BitMart, and Poloniex. Fair-launched on the Ethereum blockchain's Uniswap DEX on May 30th, 2023, $PLANET has bridged to the BNB Smart Chain and is available on Pancake Swap- where it has recently won a popular vote to be included in a Pancake Swap staking pool and farm. About PLANET PLANET is an ecosystem harnessing the power of the blockchain to address pressing social and sustainability challenges, paving the way for a more transparent and sustainable future. PLANET has unveiled its mission towards global good as outlined by 17 United Nations Sustainable Development Goals. These goals address pressing social, economic, and environmental challenges facing our world to promote sustainable development holistically. PLANET is using the power of celebrity and fandom to mobilize the world to address global challenges, with the world's biggest celebrities backing sustainability projects dear to them through the platform. PLANET wants to move the sustainability space from short-term funding to viable long-term revenue streams that can power campaigns for a better future. Website l Twitter l Instagram l Telegram Contact Details Marjore Barros marjore@energentmedia.net Company Website https://joinourplanet.com/

August 02, 2023 11:19 AM Eastern Daylight Time

Image
1 ... 225226227228229 ... 613