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Showing posts from November, 2023

Matillion Adds AI Power To Pipelines With Amazon Bedrock

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  Matillion expands its Data Productivity Cloud by integrating generative AI using Amazon Bedrock, an AWS service offering foundation models (FMs) to create and scale AI applications. This integration, supported by Matillion's partnership with AWS, incorporates Large Language Models (LLMs) into data pipelines, catering to tasks like enrichment, quality checks, and classification. Ciaran Dynes, Matillion's Chief Product Officer, highlights the considerable data productivity enhancement and the seamless leveraging of Amazon Bedrock's base models like Anthropic Claude and Amazon Titan for scalable insights. The addition of a graphical LLM prompt brings no-code generative AI capabilities to data pipelines, addressing the widening data engineering skills gap. Sam Hobbs from Principal Financial Group emphasizes the transformative potential of LLM integration for productivity gains. Matillion unveiled this AI integration vision at Data Unlocked and reinforced collaboration with AW...

SeatCash Launches FareX.ai: Next-gen Tool Predicting Airfare Trends

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  SeatCash Inc. heralds the debut of FareX.ai, a pioneering airfare prediction tool that marks a significant leap in travel technology. This innovative solution caters to both businesses managing air travel procurement and individual travelers, offering precise timing insights for purchasing airline tickets. Driven by cutting-edge AI, FareX.ai predicts the optimal flight booking window, revolutionizing travel planning with unparalleled precision and providing a strategic edge in the industry. Currently, it accurately forecasts over 1500 top markets originating from specific US cities. CEO Chris Amenechi envisions FareX.ai as more than a product; it signifies a paradigm shift in travel commerce. It empowers businesses and individuals alike, optimizing travel budgets and mitigating risks in air travel booking. The launch embodies SeatCash's unwavering commitment to innovation, with a platform continually evolving to become the foremost global fare advisory site. SeatCash anticipates ...

UL debuts UL Procyon® AI benchmark At Snapdragon Summit

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  UL Solutions launched the UL Procyon AI inference benchmark for Windows and unveiled the AI performance of the Snapdragon X Elite platform at the Snapdragon Summit 2023, marking their debut. This benchmark evaluates various inference engines across popular computer vision models on Windows systems, aiding tech companies in assessing AI performance and comparing devices. Jukka Makinen highlighted the industry's use of AI tools to optimize inference engines for diverse hardware and applications, underlining UL Procyon's role in providing insights for faster AI-driven product development. The partnership between UL Solutions and Qualcomm Technologies ensures benchmark accuracy amid AI's rapid evolution, especially on the Snapdragon X Elite platform. The benchmark tasks, like image classification and segmentation, run on different hardware components to assess their performance. Qualcomm Technologies leveraged insights from this benchmark to enhance their machine learning too...

Ocutrx Named To Fast Company's List Of The Next Big Things In Tech

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  Ocutrx Technologies secures a spot in Fast Company's esteemed Next Big Things in Tech list, showcasing their OcuLenz™ AR/XR headset, a pioneering solution addressing advanced macular degeneration (AMD), the primary cause of vision loss in adults over 65. This innovation marks a significant leap in visual aid technology, overlaying high-contrast images onto the user's field of view and offering hope to those grappling with impaired vision. The headset, user-friendly and lightweight, integrates advanced pixel manipulation, ensuring both functionality and mobility. Boasting 2.5K resolution per eye and an extensive field of view, it elevates peripheral vision, transforming the overall visual experience. Inspired by their father's struggle with AMD, the founders' mission revolves around enhancing the lives of millions facing similar challenges. Fast Company's recognition validates their commitment to improving the quality of life for individuals with visual impairments...

Optical Transceiver Market Grows, Driven By Strategic Supply Chain Collaboration

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  The optical transceiver market forecasts a staggering USD 4.71 billion growth by 2027, driven by strategic supply chain collaborations to meet rising bandwidth demands from IoT expansion and enterprise data usage. However, varied architecture requirements pose a significant challenge, hindering seamless technology integration across regions, favoring only metro cities. Segmented by end-users and regions, the datacom segment's market share surge stands out, catering to firms deploying fiber optic networks for data transmission in data centers. It powers services like cloud computing and big data, driving market expansion. APAC, contributing 43% to market growth, sees a surge in data center establishments, propelling the demand for optical transceivers. Key players like Amphenol Corp., Broadcom Inc., and Texas Instruments Inc. lead this expanding market through strategic partnerships and market segmentation. For comprehensive insights and regional opportunities, the full report det...

SE Asia's On-demand Home Market Hits $897.62B By 2027, Company Diversity Persists

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  The Southeast Asia online on-demand home services market is set for an astronomical USD 897.62 billion surge by 2027, boasting a robust 69.42% CAGR. This landscape thrives on a mosaic of global and regional players, exemplified by Amazon, APLUS CLEAN, Carousell, among others, fostering a fragmented market structure. The report is a repository of vital information on key companies, their strategies, and industry developments, urging a sample download for informed decision-making. Demand catalyzed by hectic lifestyles stands as a pivotal driver, while digital marketing and intense competition pose formidable challenges. Notably, the mobile application segment exhibits remarkable growth, fueled by burgeoning smartphone usage and enhanced user interfaces. Market players prioritize personalized app experiences, underpinning this surge and significantly contributing to overall market expansion throughout the forecast period. Understanding regional market shares and segment contribution...

Vidnoz Redefines Real And Authentic With Their Free AI Video Generator

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  Vidnoz's Real Customized Avatar, a significant AI breakthrough, revolutionizes video creation, enhancing authenticity and cost-effectiveness. Hootsuite's survey found a 62% distrust in AI-generated content, yet Vidnoz's tests showed a 52% engagement boost using realistic avatars and voiceovers. This shift emphasizes content authenticity over its creators, elevating its value. With 100+ avatars spanning 40+ industries, Vidnoz empowers enterprises, YouTubers, and brands to effortlessly craft impactful instructional and brand videos. Customized Avatar enhances brand storytelling and offers multilingual capabilities, catering to global audiences. Vidnoz AI facilitates localized video production for global expansion, benefiting internal communication and training across diverse locations. Sam Brown, Vidnoz AI's Product Manager, expresses pride in the team's achievements, with over 40,000 daily video creations on the platform. Users leverage Vidnoz's lifelike avatar...

Terran Orbital Named 2023 Winner In The BIG Award For Business

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  Terran Orbital Corporation, a prominent figure in satellite-based solutions for aerospace and defense, clinched both the Small Business of the Year award and the BIG Award for Business from the Business Intelligence Group. Their comprehensive satellite services spanning aerospace, defense, civil, and commercial sectors set them apart, offering end-to-end solutions from design through production, launch planning, and on-orbit support. Their innovative satellite technology ensures reliable space access, marking them as a global leader. Maria Jimenez commended their exceptional success, praising their innovation and business acumen, which shape the industry’s future. CEO Marc Bell credited their team's dedication, underscoring their commitment to customers, employees, and responsive space initiatives. This recognition validates their relentless efforts and commitment. Terran Orbital’s accolades inspire continued dedication to customers, employees, and the evolution of responsive spa...

SimScale Introduces EV Component Compliance Testing Simulation Features

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  SimScale GmbH unveiled new functionalities in its cloud-native engineering simulation software, catering to structural and mechanical simulation needs. These updates include large-scale vibration analysis and modal-based harmonics, enabling engineers across industries like automotive, manufacturing, medical, and more, to conduct intricate analyses on complex CAD models. The introduction of modal-based harmonics empowers engineers to perform detailed vibration analysis through a singular analysis type, automatically generating comprehensive response spectrums. SimScale is hosting a live demonstration focusing on vibration analysis of an electric vehicle (EV) inverter. This showcase will highlight the modal-based workflow, exhibiting the replication of a complete shaker table test regime via parallel cloud-based computation, a pivotal aspect in adhering to safety requirements and global standards during product development. Leveraging simulations to emulate physical tests could no...

Regnology, Moody's Collaborate For Superior Financial Regulatory Risk Solutions

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  Regnology partners with Moody’s Analytics to pioneer a comprehensive global risk and regulatory reporting solution. This alliance merges specialized reporting, data modeling, and advanced analytics to navigate intricate financial regulations. As regulations evolve, the quest for granular data intensifies, emphasizing the crucial role of automation and scalability. Both companies transition to adaptable cloud-native solutions, ensuring agility in response to regulatory changes. The fusion of Moody’s 'Banking Cloud' and Regnology's 'Rcloud' equips clients with efficient risk analytics and robust reporting, optimizing the entire regulatory process. CEOs Rob Mackay and Jacob Grotta emphasize their combined expertise, envisioning a unified global solution. This collaboration aims to streamline regulatory compliance, leveraging Moody’s analytics prowess and Regnology's regulatory proficiency. Promising enhanced efficiencies, the partnership tackles critical challeng...

One Equity Partners Buys TechnipFMC's Measurement Solutions Business

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  One Equity Partners (OEP) has struck a deal to acquire TechnipFMC’s Measurement Solutions, a top provider of liquid meters and digital solutions for material transfer. Their offerings span various meters and automated systems used in custody transfer, serving a client base across North America and Europe. The Business, operating three units, employs around 450 individuals across six facilities, boasting a global presence and extensive industrial expertise. J.B. Cherry, Senior Managing Director at OEP, hails the Business’s potential for standalone growth and expresses excitement about the partnership. OEP, known for diversified industrials and carve-outs, aims to drive organic growth and transformative acquisitions. This acquisition marks another corporate carve-out for OEP, adding to its track record of 21 similar transactions. Expected to conclude in the first half of 2024, pending standard closing conditions, this deal showcases OEP’s reputation as a reliable partner for corpor...

LTIMindtree Leverages Boomi's Low-Code Integration To Strengthen Customer Centricity

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  Boomi announced its partnership with LTIMindtree, enhancing data-driven decisions for 700+ global enterprises in 30+ countries. LTIMindtree, a digital transformation expert, aimed for seamless real-time data utilization across diverse systems. Boomi's iPaaS integration ensured improved data exchange and workflow automation, targeting a 60% reduction in integration time, as highlighted by Rajesh Kumar R, CIO. The platform enabled a unified data view, fostering a truly data-driven culture and empowering customer-centric services. Thomas Lai, VP at Boomi, emphasized the importance of accurate data for operational efficiency, enabling confident, collaborative decisions. The collaboration aims to innovate, maximize growth, and exceed customer expectations. Boomi offers resources to explore its platform and engages users through its Boomiverse Community and social media channels, fostering education and interaction about its capabilities and fostering a supportive community for technol...

StepChange Debt Charity Adopts FICO To Assess Debt Challenges

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  FICO collaborates with StepChange, a key UK debt advice charity, utilizing FICO® Platform to guide individuals in overcoming debt challenges. StepChange harnesses the platform's adaptability and customization to tailor solutions for each debtor, aiming to achieve a debt-free outcome. Matt Bentley, from StepChange, underscores the necessity of upgrading their decision engine for centralized logic, streamlined strategy management, and extensive testing, acknowledging FICO Platform as the optimal solution. FICO® Platform stands out for its AI-driven data ingestion, enabling personalized decisions at scale while ensuring exceptional customer satisfaction and loyalty. Bentley emphasizes the platform's microservice architecture, facilitating seamless integration and broader data utilization, enhancing customer advice. Matt Cox recognizes StepChange's vital role in offering impartial, free debt advice, crucial during periods of high inflation and rising energy costs. FICO's ...

L&T Tech Teams Up With NVIDIA For Advanced Medical Device AI Architecture Unveiling

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  L&T Technology Services partners with NVIDIA to pioneer software-defined architectures for endoscopy-focused medical devices, addressing industry challenges of availability, cost, and hardware dependencies. This scalable platform integrates an advanced image processing pipeline, incorporating AI/ML models for polyp detection during colonoscopies. It promises superior image quality, low-latency data transfer, and seamless scalability, marking a significant leap in medical technology. Leveraging NVIDIA’s Holoscan and IGX Orin platforms ensures exceptional image processing, supporting diverse AI applications for real-time medical decision-making. Shanker Trivedi underscores the collaboration's value in advancing software-defined medical devices, facilitating a transition to real-time AI applications. Amit Chadha emphasizes its impact on medical imaging, enhancing efficiency, and patient outcomes. This groundbreaking solution marks a transformative shift, empowering a software-de...

Sarcos Pivots To Robotics AI Software Near-Term Opportunity

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  Sarcos, a pioneering force in advanced robotics, shifts its focus towards its AI and ML software platform, acknowledging its substantial revenue potential. Their AI platform aims to revolutionize industrial robotics, drastically cutting training times and enhancing robot agility, reflecting human-like task versatility. Commencing its AI platform vision in 2017 and backed by U.S. Air Force contracts, Sarcos targets a 2024 release, catering to most industrial robots. To prioritize software development, they suspend hardware commercialization, trimming operations, including staff reduction, office closures, and consolidations. Though challenging, this strategic realignment aligns with short-term revenue goals, prudent resource allocation, and long-term shareholder value. This pivotal move marks a shift towards scalable software solutions, capitalizing on a vast market, showcasing Sarcos' commitment to efficient innovation in the robotics landscape. Read More - https://www.techdogs.c...

Sales Marker Introduces AI Sales To The World

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  CrossBorder Inc. introduces AI Sales, pioneering in 'intent-based sales,' expanding customer-centric intent data approaches globally. Sales Marker's fusion of 5 million corporate profiles with intent data enhances precision targeting for immediate needs. The innovative method shifts from firmographic data to proactive intent analysis, improving pipeline metrics significantly, embraced by 270+ firms in Japan. Recognizing skill-dependent challenges in sales approaches, Sales Marker's AI Sales democratizes consistent, top-tier performance for all individuals. Automating target identification and tailored messaging through AI marks a groundbreaking shift, removing variability inherent in human-led processes. This advancement empowers sales pros, even novices, aiding sales challenges and staffing shortages. CEO Ukyo Ogasawara cites the daunting task of meeting quotas, emphasizing Sales Marker's comprehensive role in understanding evolving customer needs amid an online ...

Tanium Lauds 2023 Global Partner Awards At Converge Conference

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  Tanium recognized outstanding achievements at its second Global Partner Awards during Converge 2023, celebrating partners' innovation and dedication to solving end-user challenges across twelve categories. Tyker Fagg, Tanium’s Chief Revenue Officer, highlighted their expanding network of strategic partners, including top-tier technology firms and global consulting companies offering specialized services powered by Tanium. These collaborations enable customers to benefit from cost containment, enhanced security, and improved ROI through optimized Tanium utilization. The awards honored partners leveraging Tanium’s leading Converged Endpoint Management platform, addressing evolving business needs across technology alliances, international partnerships, and security innovations. Notable winners like Microsoft and PwC showcased exceptional contributions. Converge 2023 highlighted this growth with 24 event sponsors, keynotes from industry leaders, and breakout sessions spotlighting par...

BioStrand Revolutionizes Sequence Retrieval Via NLP And Database Fusion

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  ImmunoPrecise Antibodies Ltd.'s BioStrand subsidiary made a significant stride by unveiling a groundbreaking white paper, "New Paradigm for Biological Sequence Retrieval," pioneering HYFT-based methodology. This approach, trumping the widely used BLAST algorithm, tokenizes sequences into unique HYFT patterns, offering enhanced precision and scalability without compromising data accuracy. Dirk Van Hyfte, BioStrand's Co-Founder, believes this method, harnessing increased sequence data, will drive discourse and collaboration in bioinformatics. In addition, BioStrand launched LENSai, a cutting-edge AI platform that integrates a comprehensive knowledge graph linking 25 billion relationships across biological data, enabling a deeper understanding of genetic, structural, and functional interconnections. Leveraging ontology-driven NLP and AI-driven LLMs, LENSai harmonizes syntactic and semantic data, propelling drug discovery and development. As part of the IPA Family, Immu...

Celonis Acquires Symbio For AI-driven BPM Software Innovation

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  Celonis, a process mining leader, acquired Symbioworld GmbH and unveiled an enhanced Process Cockpit, merging live insights and Symbio's data. This fusion empowers intelligent, compliant process execution, integrating core KPIs with real-time metrics, enabling unified end-to-end processes. It shifts the approach from isolated design to data-driven optimization, improving efficiency by analyzing actual processes. This methodology ensures continual data-driven enhancement across the process lifecycle, aiding system transitions and simplifying changes for business users. The joint platform, available through Symbio’s Navigator on Microsoft Teams, facilitates AI deployment with structured process data, resulting in unparalleled process intelligence. Leaders from both companies emphasize enhanced process design and performance. Celonis, since 2011, has aided global enterprises with its Process Intelligence platform, offering a comprehensive view of processes, fostering a common unders...

Mitsubishi Electric And Nexperia To Partner In Joint SiC Power Semiconductors Development

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  Mitsubishi Electric (TOKYO: 6503) initiates a strategic collaboration with Nexperia B.V. to co-innovate silicon carbide (SiC) power semiconductors. Leveraging its wide-bandgap semiconductor expertise, Mitsubishi Electric will provide SiC MOSFET chips to Nexperia, instrumental in crafting SiC discrete devices. The global electric vehicle market's expansion propels the soaring demand for SiC power semiconductors, prized for their reduced energy loss, heightened operational temperatures, and swift switching compared to traditional silicon counterparts. These high-efficiency SiC semiconductors are anticipated to play a significant role in global decarbonization and the shift towards eco-friendly technologies. Mitsubishi Electric holds prominent positions across various sectors, including high-speed trains, high-voltage industrial applications, and household appliances. Notably, they introduced the pioneering SiC power modules—the world's first for air conditioners in 2010 and exc...

Boldyn Networks acquires Cellnex's Private Networks, strengthening 5G strategy.

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  Boldyn Networks, a leading shared network infrastructure provider, is set to acquire Cellnex's private networks business unit, particularly EDZCOM, a Finnish pioneer in private 4G and 5G networks for industrial clients. The move enhances Boldyn's position in digital transformations and Industry 4.0. EDZCOM's experience in over 50 implementations across Europe strengthens Boldyn's status as the largest independent provider of private network solutions. Already involved in global projects like the Moray East wind farm and 5G infrastructure at the Cowtown Coliseum, Boldyn expands its reach with EDZCOM's expertise. The acquisition aligns with the rising demand for private networks, particularly in enterprise automation and real-time control, estimated to generate $109.4 billion globally by 2030. This strategic move accelerates Boldyn's European expansion, targeting key markets in Finland, Spain, Germany, Sweden, and France, as well as increased presence in the UK ...