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Showing posts from October, 2023

Trellix XDR Platform Wins Coveted 2023 Top InfoSec Innovator Award

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  Trellix's XDR Platform has received the 'Editor's Choice in Extended Detection and Response (XDR)' award in the Annual InfoSec Innovator Awards by Cyber Defense Magazine. The accolade recognizes Trellix for its forward-thinking approach to cybersecurity. Judges appreciated Trellix's ability to anticipate future threats, provide a cost-effective solution, and offer innovative ways to mitigate cyber risks. The Trellix XDR Platform delivers out-of-the-box functionality beyond traditional Security Information and Event Management (SIEM) systems. Its open architecture integrates seamlessly with over 500 third-party tools, enabling deep multi-vector, multi-vendor event correlation and context, thus expediting threat investigations. The platform employs automated workflows for coordinated responses to security risks, effectively thwarting threats and lateral movement within an organization. Ash Parikh, Chief Marketing Officer at Trellix, expressed the company's commi...

Reliable Robotics Reveals Airspace Integration Solution; Marc Pos To Lead Critical Radar Systems Component

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  Reliable Robotics, a leader in autonomous aircraft systems, has appointed Marc Pos as the head of radar design, a crucial element in its plans for an aircraft-agnostic Airspace Integration Solution. The company is dedicated to developing a solution that facilitates the safe integration of remotely piloted aircraft, whether crewed or uncrewed, into the National Airspace System (NAS). Marc Pos, as the Senior Fellow in this role, will address the challenge of certifying Detect and Avoid (DAA) systems capable of tracking all airspace users, regardless of their transponder status. Radar technology is identified as the sole all-weather, non-cooperative sensor for DAA. This move underscores Reliable Robotics' strategy to simultaneously certify safety-enhancing aircraft automation and build an Airspace Integration Solution to safely integrate remotely piloted aircraft into the NAS. With his nearly three decades of experience in designing radios, radars, and radar altimeters, including th...

Viant Unveils 2024 AI Product Advancements

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  Viant Technology, a prominent advertising technology company, unveiled its digital advertising vision, "Autonomous Advertising," during Viant Innovation '23. Recognizing the industry's rapid changes and increased complexity, Viant aims to address these challenges by incorporating generative AI into its platform. The innovations presented at the event are as follows: AI Recommendations: Simplifying and reducing the workload for digital marketers in optimizing ad campaigns. Viant Chat: Streamlining campaign setup by enabling natural language commands within the Viant DSP, making DSP functions accessible through chat prompts. Chat with Data: Democratizing data science by incorporating chat and generative AI into the Viant Data Platform, allowing advertisers to manage, query, and activate insights with their first-party data. AI Bid Optimizer: Allowing advertisers to enhance media buying efficiency by reducing CPMs on target inventory by up to 35%. Sustainability Ad...

US Fintech Squeeze.com Acquires Youtility To Revolutionise Comparison Market

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  US-based tech platform Squeeze has acquired Youtility, a UK start-up specializing in embedded home finance management services for banks and fintech companies. The integration of Youtility's B2B API platform with Squeeze's data analytics and consumer experience will provide a next-generation offering for UK consumers. This combined business aims to offer a seamless and integrated experience within existing banking and fintech apps, effectively eliminating the need for traditional price comparison websites. Youtility's clients include major institutions like Virgin Money, Wagestream, and Pockit, with plans to expand to additional large banking partnerships next year. With UK household energy bills rising 100% over the last three years, there is an urgent need for banks and fintech platforms to assist customers in better managing their finances. Squeeze has gained substantial traction in the US since its nationwide launch in 2021, delivering significant savings to customers...

Lcole AI, Creator Of Machine Teaching Technology, Raises 3 Million USD In Seed Funding From Sofinnova Partners

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  L’école AI has successfully secured $3 million in Seed funding from Sofinnova Partners for its innovative "machine teaching" technology that simplifies complex deep-learning systems for computer vision. The funding will drive the development of the company's proprietary technology, which will be made available to medical professionals and researchers to create personalized AI systems tailored to their areas of expertise. The financial support will also be channeled into expanding the team, accelerating product development, and enhancing business operations. Notable business angels, including Preston-Werner Ventures, participated in the funding round. L’école AI's vision is to create a user-friendly AI interface that democratizes machine learning and fosters secure collaboration among organizations. Co-founder Louis-Alexandre Etezad-Heydari, who previously co-founded Madbits (acquired by Twitter), emphasized the goal of making computer vision models accessible to non...

Betteromics Raises $20 Million In Series A Financing, Led By Sofinnova Partners And Triatomic Capital

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  Betteromics has secured $20 million in a Series A financing round, with Sofinnova Partners and Triatomic Capital as lead investors, alongside participation from SHAKTI. The company offers a clinical-grade Software-as-a-Service platform, the Omics AI Cloud, which allows life sciences professionals to analyze multi-modal, multi-omics data in one unified environment, eliminating data silos. The platform, designed for compliance, offers traceability and reproducibility for data analysis. Betteromics' funding will facilitate team expansion and scaling marketing efforts, catering to a wide range of life science companies, from startups to large enterprises. Betteromics' leadership team, including CEO Angela Lai, CTO Chetan Patel, and CPO Jack Menzel, has extensive experience building transformative infrastructure at companies such as Google and GRAIL. Their platform aims to unlock the potential of life sciences data by leveraging advanced computational and AI techniques to drive in...

Laser Photonics Commences Pre-Orders For Its AI-Capable CleanTech Robotic Cell Enclosure

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  Laser Photonics Corporation has introduced the CleanTech Robotic Cell Enclosure, a programmable and AI-capable product designed to enhance laser cleaning and material applications while ensuring the safety of human operators. This innovation is now available for pre-order, with initial deliveries scheduled for early 2024. The CEO of Laser Photonics, Wayne Tupuola, highlighted the successful demonstration of this technology at FABTECH and expressed confidence that it would elevate the standards of laser cleaning applications, improve safety, and reduce overall ownership costs for customers. The CleanTech Robotic Cell Enclosure is optimized for automated environments, featuring precise beam positioning, reduced power requirements compared to handheld solutions, and potential safety improvements. Its programmability and AI capabilities allow it to perform multiple tasks, such as cleaning, quality control, programming, and process engineering. Various configurations are available, wi...

Karen Clark & Company Launches RiskInsight Version 4.13

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Karen Clark & Company (KCC) has launched RiskInsight® Version 4.13, a significant update to their open loss modeling platform. This release emphasizes improvements in software performance and the introduction of several powerful applications. Alongside this, KCC has introduced an updated US Hurricane Model, the sole Florida-approved model that explicitly incorporates the effects of climate change on the Gulf and East Coasts and heightened litigation in Florida. Version 4.13 targets greater efficiency by reducing the RAM requirements for analyzing extensive databases. It introduces the LiveEvent Runner, which automates the real-time estimation of claims and losses, and Shareable Interactive Maps, expanding on RiskInsight's mapping capabilities to enhance the visualization of hazard, exposure, and loss data through high-resolution interactive maps, with the ability to share these insights across organizations. Additional features include GIS exports and an integrated analysis tem...

Track Expands Hospitality Software Portfolio To Reduce Tech Footprint For Short-Term Rental Companies

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  TravelNet Solutions (TNS), a leading provider of software solutions for the short-term rental industry, has announced significant updates to its flagship product, Track Property Management System. These enhancements were unveiled at the annual Vacation Rental Management Association (VRMA) conference. In July 2023, TNS entered into a partnership with Blue Star Innovation Partners (BSIP) to expedite product development and hire more staff, aligning with their market expansion goals. The improvements introduced include: Distribution Engine : This Track add-on streamlines the distribution of rental listings across platforms like Airbnb and Vrbo, offering a centralized dashboard, bulk operations, and access to distribution experts. Reviews Management : An upcoming feature within Distribution Engine that simplifies the process of managing guest reviews from various channels via a single interface. Track Payments : Set to launch in early 2024, this payment-processing solution integrates...

Live4Well Brings "Sportive Income" To The Global Stage, Announcing Expansion Across Asia At Dubai Future Blockchain Summit

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  Hong Kong-based Web 3.0 company, Live4Well, gained international recognition at the Future Blockchain Summit in Dubai. This premier health management platform introduced "Sportive Income," turning personal fitness into financial wealth, and drew the attention of industry leaders across Web 3.0, blockchain, cryptocurrency, and NFT sectors. Live4Well's innovative trial app blends AI, motion sensing tech, and gaming, guiding users to improved posture and fitness. Their NFT Pass (VIV PASS) provides access to over 200 premium fitness centers, while "Sweat and Earn" reinvents fitness gaming. By combining physical and digital realms (Phygital), Live4Well is poised to redefine the future of the fitness industry. Users earn Sweat Coins through precision exercise, redeemable for physical gifts, fitness courses, or digital currency, linking health and wealth. Welcome to the era of "Sportive Income." Read More - https://www.techdogs.com/tech-news/pr-newswire/liv...

GMW-FTXT Launches World's First Hydrogen-Powered Wing Van Truck Fleet Cross-Provincial Highway Project In China

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  GMW-FTXT's inaugural fleet of "hydrogen-powered wing van trucks" has achieved a remarkable milestone, covering a total of 64,465 kilometers. These vehicles have distinguished themselves through their exceptional stability and safety record, boasting notably low failure rates. Equipped with the ability to travel up to 580 kilometers on a single refueling while consuming just 4.7 kg of hydrogen per 100 kilometers, they have led to an impressive reduction of 35 tons in carbon emissions. These accomplishments have been widely recognized and lauded by the logistics community in China, thanks to the substantial economic, social, and environmental benefits they deliver. These trucks play a pivotal role in the automotive parts transportation sector, operating between Baoding City in Hebei Province and Tianjin City. This route serves as a trailblazing hydrogen highway and represents the world's first cross-provincial highway demonstration for hydrogen-powered wing vans. Beyo...

Zip Recognized For Second Year On Spend Matters 2023 50 Providers To Watch List

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  Zip, a unique intake-to-pay platform, has gained recognition by being named to the prestigious "50 Providers to Watch" list for 2023 by Spend Matters. This accolade signifies Zip's growth and innovation in the procurement and supply chain sector. Spend Matters, a respected solution intelligence source for procurement and supply chain professionals, compiles this list, which highlights companies driving market advancement with creative products. Zip's CEO and co-founder, Rujul Zaparde, expressed gratitude for the two consecutive years of inclusion in the list. He emphasized Zip's commitment to making intake the new norm for procurement teams, addressing outdated processes that hinder visibility and control. The platform streamlines the initiation of requests for business purchases, vendors, or contracts. Spend Matters' selection of Zip is based on a rigorous evaluation by its analyst team and introduces a numerical scoring system to quantify factors previousl...

Lattice Wins 2023 Top Workplace Awards For Culture Excellence

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  Lattice Semiconductor (NASDAQ: LSCC) has been honored with the prestigious 2023 Top Workplaces Culture Excellence Awards, underscoring their exceptional workplace environment. This recognition is a direct result of feedback gathered from employee surveys, highlighting Lattice's strengths in Employee Appreciation, Employee Wellbeing, and Professional Development. Jim Anderson, the President and Chief Executive Officer of Lattice, praised the remarkable qualities of the Lattice team, describing them as incredibly talented, collaborative, and passionately dedicated to innovation. He highlighted the company's relentless efforts in nurturing a culture that enables every employee to learn, grow, and consistently deliver outstanding solutions for customers. Eric Rubino, CEO of Energage, emphasized the significance of this award, noting that it's a prestigious distinction for companies because it's an authentic endorsement from their own employees. In the contemporary busines...

Shield Capital Closes $186 Million Inaugural Venture Capital Fund

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  Shield Capital has proudly announced the successful closing of its inaugural venture capital fund, Shield Capital Fund I, L.P. This fund exceeded its target by an impressive 55%, amassing $186 million in capital commitments. The company, founded by Managing Partners Philip Bilden and Raj Shah in 2021, is named SHIELD and is committed to assisting innovators in securing the future of AI, autonomy, cybersecurity, and space. SHIELD places its focus on supporting company founders who are developing cutting-edge technologies that are relevant in both the commercial and national security sectors. The firm sets itself apart with its founder-centric approach, offering robust support that includes executive recruitment, access to government clients, and strategy development. SHIELD has already invested in over 30 innovative companies, including Albedo (a high-resolution satellite pioneer), Apex (a satellite bus scale manufacturer), Elroy Air (an autonomous aerial logistics leader), Nexla ...

One Third Of Global Enterprises Have Hired An Employee They've Never Met In Person Due To Skills Shortage

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  Global CIOs are facing significant challenges when it comes to hiring the high-value knowledge workers needed to drive the global expansion ambitions of large enterprises, according to a study by Expereo. Approximately one-third of global CIOs have had to hire individuals they've never met in person due to recruitment difficulties. The research surveyed more than 650 CIOs in global enterprises across Europe, the US, and APAC, revealing that retaining skills and resources (35%) is one of the top three obstacles to achieving global growth, alongside issues like security concerns (35%) and complicated physical and geopolitical infrastructure (33%). Finding the right blend of business and technology skills is also a major recruiting challenge for 40% of CIOs. Additionally, the study found that a hybrid/remote work policy has enabled 43% of global CIOs to tap into a more extensive talent pool and expand their teams across different countries and markets. Nearly half (48%) of CIOs beli...