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Showing posts from March, 2024

Paycom Wins 2024 Gallup Exceptional Workplace Award

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  Paycom Software, Inc. has been honored with the prestigious Gallup Exceptional Workplace Award (GEWA) for the second year running, joining an elite group of only 60 organizations globally that meet stringent standards of excellence. Evaluated by Gallup's expert panel of workplace scientists against a comprehensive set of criteria, Paycom demonstrated its commitment to employee well-being and professional development. Jennifer Kraszewski, Paycom's senior executive vice president of human resources, highlights the company's dedication to fostering an environment where employees feel valued and supported. According to Gallup, organizations prioritizing engagement enjoy benefits such as higher retention rates, increased productivity, and better customer experiences. The GEWA winners significantly surpass global engagement averages, reflecting a culture of genuine care and empowerment. Paycom's receipt of this award adds to its impressive list of workplace accolades in 202...

iFi AI: Empowering Traders With Cutting-Edge Artificial Intelligence Research Platform

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  iFi AI represents a groundbreaking advancement in trading technology, providing traders with a unique edge through its integration of artificial intelligence. Developed in collaboration with IBM Watsonx, iFi AI utilizes millions of data points and various signals to forecast returns for over 1,000 stocks and ETFs, accompanied by a Confidence Value for each trade. CEO Ron Insana underscores the significance of democratizing access to AI-powered trading tools, which were previously available only to institutional investors, now made accessible to traders of all backgrounds and sizes. The platform offers extensive customization options, enabling users to discover new trade ideas, set personalized screening criteria, and receive timely market updates. With its transformative capabilities, iFi AI empowers traders to seize opportunistic moments and navigate market complexities with confidence. As AI continues to redefine finance, iFi AI stands at the forefront, offering traders cutting...

Oriola Partners With HCLTech To Enhance Customer Experience

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  HCLTech has been tasked with expediting Oriola Corporation's digital transformation, aiming to enhance customer experiences in the Nordic region. Through the implementation of a greenfield SAP S/4HANA and analytics environment on Microsoft Azure, Oriola's ERP and EWM systems in Sweden and Finland will undergo significant evolution. Leveraging RISE with SAP, the solution promises a GxP-compliant global experience platform, facilitating Oriola's transition to an agile, cloud-based ERP model. This transformation will streamline operations, modernize application stacks, and optimize IT costs, enabling Oriola to better address future customer and business needs. Mikael Nurmi, Oriola's Chief Digital Officer, highlights the project's strategic importance in fostering collaboration, transparency, and cross-market operations. Pankaj Tagra, HCLTech's Corporate Vice President for Europe and Africa, expresses eagerness to advance Oriola's transformation journey throug...

Elliptic Labs Launches AI Virtual Human Presence Sensor

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  Elliptic Labs (OSE: ELABS), a leading global AI software company renowned for its AI Virtual Smart Sensors™, announces the shipment of its 100% software-only AI Virtual Human Presence Sensor on select models of Lenovo’s ThinkPad lineup, including the newly unveiled X13 Gen 5 and X13 2-in-1 Gen 5, as well as the previously launched X1 2-in-1 Gen 9 14” laptops. Partnering with Intel, Elliptic Labs utilizes the latest generation Intel Core Ultra chipsets to power these laptops, enhancing user experiences with reduced power consumption, heightened privacy, and improved security. Leveraging expertise in ultrasound, AI, and sensor fusion, Elliptic Labs’ AI Virtual Smart Sensor Platform™ offers seamless experiences across various industries, epitomized by its integration into Lenovo’s laptops, which promises innovation, power, and value. CEO Laila Danielsen highlights the industry's recognition of Elliptic Labs’ technology, with the company now shipping on 27 laptop models and nine laun...

Li-Cycle Closes $75 Million Strategic Investment From Glencore

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  Li-Cycle Holdings Corp. (NYSE: LICY) has finalized a $75 million investment from Glencore plc (LON: GLEN), boosting its liquidity and funding strategy through a senior secured convertible note. Ajay Kochhar, Li-Cycle's CEO, lauded the investment as pivotal in strengthening their financial position and advancing their enduring partnership with Glencore. The investment underscores Glencore's confidence in Li-Cycle's potential and aligns with their shared vision for future growth opportunities. The Note, with a five-year term, offers Li-Cycle flexibility in interest payments, either in cash or in-kind, based on the Secured Overnight Financing Rate (SOFR) plus a specified percentage. Additionally, Li-Cycle and Glencore have agreed to amend and restate the terms of existing Glencore convertible notes, signaling a continued commitment to mutual growth and collaboration. The aggregate amount under the amended Glencore convertible notes currently stands at approximately $225 mill...

Digital River Named 2024 Adobe Digital Experience Platinum

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  Digital River, acclaimed for its role in simplifying and accelerating global growth for brands, proudly announces its recognition as the 2024 Adobe Digital Experience Platinum Promotion ISV Partner of the Year. This prestigious accolade highlights Digital River’s significant contributions to Adobe’s business and its profound impact on customer success. Collaborating seamlessly with Adobe Commerce, Digital River offers brands a robust solution for expanding international ecommerce sales, encompassing both physical goods and digital subscriptions. Customers benefit from Digital River’s integrated localization capabilities and customizable checkout configurations within their existing platform, along with a cross-border merchant of record solution that facilitates seamless transactions for international shoppers, enabling them to view prices in their local currency and utilize popular payment options. Ted Rogers, Chief Marketing Officer at Digital River, expresses gratitude for the ...

aim Systems Targets AI-Integrated MES/MCS Launch For High-Tech Localization

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  aim Systems is leading the charge in advancing factory automation with its upcoming Gen 2 MES and MCS platforms, slated for release in May and September 2024. These second-generation systems, designed to actively utilize AI and enhance operation and monitoring, promise to streamline processes and foster intelligent factory automation, marking a significant departure from existing Gen 1 products. The defense industry's growing adoption of AI to boost productivity suggests a favorable market outlook for aim Systems' new MES/EAS/MCS offerings. As competition in the high-tech industry intensifies, investments in display and semiconductor factories have become imperative. This necessitates the evolution of core software like MES, EAS, and MCS to integrate technological advancements, including AI. Despite its smaller size compared to conglomerates, aim Systems has made substantial contributions by localizing MES solutions for semiconductor/display factories, thereby reducing costs ...

AFL Invests Millions, Expands U.S. Fiber Optic Cable Manufacturing

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  AFL, a leading fiber optic cable manufacturer, announces a substantial investment of over $50 million to expand its South Carolina manufacturing operations, aligning with the Biden-Harris administration’s infrastructure and broadband access initiatives. This strategic move will not only create new jobs but also fortify AFL’s product portfolio to comply with the Build America, Buy America Act (BABA), showcasing its commitment to nationwide connectivity. AFL's CEO, Jaxon Lang, underscores the expansion as a testament to AFL's dedication to providing BABA-compliant solutions, marking a significant step towards fostering a more connected future. This investment builds upon AFL’s prior commitment, with over $35 million invested, emphasizing the company's long-standing dedication to job creation and U.S. manufacturing. Key highlights include increased production capacity, job creation, innovation in sustainable solutions, and a pledge to utilize U.S.-sourced materials, thereby ...

Paystand Named Winner Of Fintech Breakthrough Award For DeFi Innovation

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  Paystand, a leading provider of blockchain-enabled B2B payments, secured the DeFi Innovation category in the 2024 Fintech Breakthrough Awards, amidst stiff competition with over 4,000 nominations. The prestigious award acknowledges Paystand's role as a trailblazer in fintech, alongside industry giants like Coinbase and Mastercard. Notable for its decentralized finance technology, Paystand offers innovative solutions such as the Paystand Network, facilitating fast, secure, and zero-transaction fee money movement, totaling over $8 billion in transactions. Additionally, Paystand's dynamic discounting application and Paystand Spend toolkit empower businesses to streamline financial operations and incentivize early payments, revolutionizing traditional payment models and fostering digital transformation. During banking crises, like the Silicon Valley Bank failure in 2023, Paystand's Network played a pivotal role, providing stability and security for clients, exemplifying its r...

Lucra Named To Fast Companys List Of The Worlds Most Innovative Companies

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  Lucra secures a prestigious spot on Fast Company’s 2024 list of the World’s Most Innovative Companies, standing alongside 606 organizations recognized for their transformative contributions across various sectors. Michael Madding, Lucra's COO, emphasizes the company's technology's emergence and its pivotal role in reshaping how consumer platforms foster competition. Lucra's gamification engine aims to connect and energize communities through friendly competition, illustrating a strategic shift towards embedding tech into existing platforms, ultimately making cash-based competition a more inclusive and enjoyable experience. With nine B2B deals signed, including pioneering partnerships with DUPR and TennisONE, Lucra continues to drive innovation and shape global progress. Fast Company's acknowledgment underscores Lucra's pivotal role in setting trends and catalyzing change, reflecting a commitment to pushing boundaries and inspiring transformation across industr...

Link Logistics Named 2024 CIO 100 Award Winner

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  Link Logistics has been honored with the 2024 CIO 100 Award for its innovative digital platform, Link+, aimed at enhancing customer experiences in logistics real estate. Link+ serves as a comprehensive solution for managing the partnership between Link Logistics and its clients, offering transparent access to lease documents, billing, and service requests. Achieving an impressive 86 percent adoption rate within six months of its launch, Clark Ardern, the Chief Technology Officer, attributes this success to the collaborative efforts of their Technology and Customer Experience teams. The CIO 100 Awards recognize Link Logistics' commitment to leveraging technology to drive business value, optimize processes, and foster strong customer relationships. The official award presentation will take place at the CIO 100 Symposium and Awards ceremony in August. Visit the event website for a complete list of 2024 winners, and explore Link+ on their website for further details. Read More - http...

LIA: Lightning Step's AI Progress Notes Enhance Patient Care

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  Lightning Step introduces LIA, an AI-powered progress note feature, revolutionizing behavioral health documentation. LIA utilizes natural language processing to automatically generate customized progress notes, allowing providers to reclaim 50-60% of their time for patient care. Its seamless integration into existing workflows simplifies adoption, enabling clinicians to effortlessly create summaries covering objectives, medication adjustments, and follow-up recommendations during therapy sessions. LIA's key benefits include enhanced accuracy, efficiency, and data privacy, ensuring standardized notes without sharing identifiable patient information externally. Martin Ignatovski emphasizes LIA's smooth integration into providers' workflows, minimizing disruption. LIA empowers providers to deliver exceptional service efficiently, marking a significant advancement in behavioral health technology and improving patient outcomes. Read More - https://www.techdogs.com/tech-news/bu...

Orca Security Adds AI Security To Cloud Security Platform

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  Orca Security has introduced integrated AI Security Posture Management (AI-SPM) within its Cloud Security Platform, enabling organizations to leverage AI with confidence and efficiency. Covering over 50 AI models and software packages, Orca ensures comprehensive visibility and security across the tech stack, facilitating seamless AI adoption while reducing overhead and integrating with existing workflows. With global AI software spending projected to exceed $298 billion by 2027 and 37% of organizations already adopting AI services, Orca's research underscores the critical need for robust AI security measures. Through AI-SPM, Orca utilizes its patented agentless SideScanning technology to provide unified visibility and risk insight for AI models, addressing unique AI security challenges such as sensitive data detection in training sets. Not relying on agents ensures continuous coverage, with Orca scanning new AI resources promptly upon deployment, alerting organizations to any det...

LogRhythm And SOC Prime Announce Partnership To Accelerate Threat Detection And Hunting

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  LogRhythm's partnership with SOC Prime signifies a pivotal advancement in cybersecurity, amalgamating LogRhythm Axon's robust analytics with SOC Prime's cutting-edge technology to empower security teams with heightened threat detection capabilities. Andrew Hollister underscores the inadequacy of conventional threat detection methods in today's multifaceted organizational environments, emphasizing the partnership's fusion of threat hunting, analytics, and automation tools to facilitate swift and effective threat response. This collaboration fosters a proactive cybersecurity approach, equipping security teams with tools to outmaneuver malicious actors. The integration of LogRhythm Axon and SOC Prime's Uncoder IO enables efficient development of high-quality detection code, bolstered by SOC Prime's Uncoder AI for enhanced performance. Notably, this joint solution mitigates alert fatigue, amplifies security coverage, enhances visibility into organization-speci...

Deloitte Launches CyberSphere Platform To Simplify Cyber Operations For Clients

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  Deloitte introduced CyberSphere™, a vendor-neutral platform aimed at enhancing cyber operational efficiency. Powered by automation, AI, and ML, CyberSphere streamlines cyber program management, reducing costs and alert fatigue. Its integrated capabilities offer clients innovative ways to visualize cyber risk metrics, tailor environments, and report to stakeholders effectively. Emily Mossburg, Deloitte Global Cyber leader, emphasized CyberSphere's response to clients' needs for simplifying cyber programs and leveraging advanced technology efficiently. By providing a comprehensive suite of services, CyberSphere addresses clients' challenges while granting access to invaluable data insights. Initial modules, including digital identity management and incident response, are powered by CyberSphere, with future iterations promising additional capabilities. Adnan Amjad, U.S. Cyber leader, highlighted CyberSphere's ability to offer a simplified experience across various servi...

Bridger Consulting's Acquisition Of DeepBench Expands Expert Insights Tech Platform

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  Bridger Consulting Group, Inc., known for its innovative presence in the Expert Insights Industry, has made a significant announcement regarding its acquisition of DeepBench, a pioneering primary insights platform founded by four MIT students in 2016. DeepBench's development of proprietary AI and ML tools has notably enhanced the efficiency of the expert matching process, addressing a key bottleneck in the industry. This strategic move is expected to considerably amplify Bridger's service offerings and market share, especially within the rapidly expanding segments of the expert search market. Both Andrew Rawana, Bridger's CEO, and Alden French, CEO of DeepBench, have expressed excitement about the merger's potential to redefine industry standards. With DeepBench's esteemed client portfolio, including prominent blue-chip companies, Bridger aims to ascend to the ranks of industry-leading Expert Insights firms. This acquisition marks a significant milestone for both ...

Pebble Platform Beta, Powered By NHN And Sui, Celebrates Launch

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  Pebble, a leading Web3 gaming platform, has unveiled the beta launch of Pebble City, an eagerly awaited free-to-play mobile game developed by NHN Corporation's NHN Gaming division and built on Sui, a layer 1 blockchain and smart contract platform. Scheduled for release on Tuesday, March 19, this beta rollout signifies the initial phase in seamlessly integrating web2 and web3 experiences. Players can anticipate immersive gameplay features like collecting and trading NFTs of upcoming Pebble games with the aid of Sui's Kiosk feature, alongside a frictionless web3 experience characterized by minimal gas fees and swift transactions. Sui Network's tailored infrastructure for web3 game design offers developers advantages such as low fees, rapid transactions, and scalability, enabling the creation of decentralized, secure games while facilitating ownership of in-game assets. NHN's partnership with Mysten Labs, the original contributor to Sui Network, underscores their commitm...

Niagara Networks And Clico Partners For Top-Tier IT Solutions In Eastern Europe

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  Niagara Networks™, a pioneering Silicon Valley company known for its award-winning Open Visibility Platform™, has announced a strategic partnership with CLICO, a leading Value-Added Distributor in the CEE region. This collaboration aims to meet the escalating demand for Niagara Networks products across the channel program, facilitating enhanced customer access to Network Visibility solutions crucial in today's modern infrastructure. Yigal Amram, VP Global Business Development and Sales at Niagara Networks, emphasized the significance of partnering with CLICO, a top IT distributor in the region, to expand their reach and assist more organizations in gaining visibility into their networks and digital assets. The seamless alignment of CLICO's portfolio with Niagara's solutions promises strong synergy, enabling both parties to effectively address organizations' evolving digital transformation demands. Bartosz Winiarski, Sales Director at CLICO, expressed confidence in the...

Valoir Report Shows HR Is Not Ready For AI

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  Valoir's recent global report sheds light on the inevitability of AI-driven automation in HR, juxtaposing it with the unpreparedness of human resources departments. Rebecca Wettemann, Valoir's CEO, highlights significant AI opportunities in critical HR functions like recruitment and talent management, while warning of accompanying risks such as data breaches and biases. Despite this, the survey of over 150 HR Executives exposes a significant absence of policies and training necessary for the safe and effective adoption of AI. The report identifies recruitment as a key domain for AI implementation, with nearly one in four organizations already utilizing AI-supported methods. However, it also reveals a shortage of formal policies, especially concerning the ethical use of generative AI, despite widespread experimentation by HR professionals. Wettemann urges proactive measures from HR leaders, emphasizing the urgency to develop robust frameworks that mitigate risks and optimize A...

RestorePoint.AI Partners With Alkira For Cloud Data Management

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  Alkira and RestorePoint.AI have joined forces to introduce a cloud-based data management service tailored for mid-market enterprises, unveiled at the Gartner Data & Analytics Summit in Orlando, FL. This collaboration aims to streamline time to value and total cost of ownership for companies lacking the resources to develop their own analytics and Generative AI (GenAI) integrations, enhancing their competitiveness in today's data-driven landscape. By unifying and categorizing data from diverse sources across on-premises and cloud environments, while enforcing strict security and privacy policies, the joint solution offers a turn-key data management service on a secure multi-cloud networking platform with granular access controls and micro segmentation. Praised by Shamus McGillicuddy from Enterprise Management Associates, this partnership exemplifies a forward-thinking strategy to address AI-driven business needs while ensuring data security and regulatory compliance, paving th...

ZEVx Introduces Mobile Charging Units For On-demand And Rescue EV Charging

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  ZEVx™, a renowned leader in EV mobile charging, unveils its groundbreaking Mobile Charging Unit (MCU) at the 2024 EV Charging Summit & Expo in Las Vegas. This innovation directly addresses the challenge of insufficient charging infrastructure that has hindered widespread electric vehicle adoption. By integrating energy management and remote vehicle charging technologies, the ZEVx MCU offers on-demand mobile charging using advanced high-density battery packs and proprietary solutions. A recent successful pilot program demonstrated the MCU's effectiveness in providing EV charging across various vehicle types, including fleets, rental cars, and roadside assistance scenarios. Craig Johnston, Vice President of Product Management at ZEVx, highlights the company's pioneering role in advanced high-density battery pack technology, enabling revolutionary charging solutions for fleets and service organizations grappling with infrastructure challenges. The ZEVx MCU's versatility ...

Boels Rental Acquires Riwal

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  Boels Rental announces the prospective acquisition of Riwal, a renowned Aerial Work Platforms (AWP) company, aligning with its strategy to dominate the European rental market. Boels aims to strengthen its presence in existing markets while venturing into new territories like Spain and France through Riwal's global footprint. With Boels' dense European network and Riwal's international branches, the acquisition promises significant growth and profitability. Riwal's expertise in AWPs, especially its focus on sustainability with electrified fleets, complements Boels' commitment to environmental responsibility and customer satisfaction. The merger capitalizes on shared heritage and business ethos, fostering collaboration and personal growth among employees. Boels anticipates substantial growth in scale and financial strength, propelled by Riwal's EUR 310m turnover and extensive branch network across 27 countries, setting the stage for sustainable expansion. The ad...