Bio-Engineering Scale-Up Qorium Showcases Cultivated Leather Breakthrough, Signalling a Key Step Towards Commercialisation

  MAASTRICHT, Netherlands - Tuesday, 15. October 2024 AETOSWire 

(BUSINESS WIRE) -- Cultivated leather pioneer Qorium has released footage of its latest sample of lab-grown leather. Measuring 35x35cm, the material has been produced using the company’s newly scaled-up tissue bioreactor, representing proof of concept for full-scale commercialisation of the company’s production process, which takes a small sample of skin cells from a living cow and reproduces them in a lab to create leather with the same strength, durability and appearance of traditionally-produced animal-derived leather.

When produced at a commercial scale, Qorium’s material will require a fraction of the water and energy needed to rear and process animal hides, minimising climate impact while eliminating animal welfare issues – all critical considerations for consumer brands. Qorium is partnering with a range of high end fashion and automotive brands to co-develop its materials and to become a scaled supplier.

The company has accelerated its growth trajectory following a recent funding round, announcing the hire of a new CFO, and investing in new equipment at its Maastricht University-based lab.

Qorium CEO Michael Newton said, “this sample is tangible proof that a future where high quality, high-performing leather can be produced on-demand, without the animal welfare and environmental disadvantages of traditional material, is just around the corner. The challenge of scaling-up a process has been a tough one, and this latest breakthrough is a testament to the hard work of our excellent science and engineering teams.”

Qorium founder Mark Post said, “The fact that with a relatively small team, in a relatively short amount of time, we have been able to create high-quality sheets of leather that demonstrate scalable production processes shows that we’re on track towards having a product that’s ready for market. From a science perspective, we still have much work to do but the principal challenges are now overcome. The next pieces of the puzzle are focused on continued product optimization, cost reduction and process engineering, where we’re already seeing very positive progress. The future certainly looks very promising for cellular agriculture.”

About Qorium

Qorium is the world’s leading cell-cultured leather company. Qorium’s leather comes with dramatically reduced carbon emissions, no methane emissions and radically reduced water and chemical use compared to traditional leather, with no ties to the livestock industry or the polluting processes necessary in the processing of animal hides.

 

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Sarah@stbailey.com / +44 7402 320 448

Aster Guardians Global Nursing Award Announces Top 10 Finalists for 2024

 Aster Guardians Global Nursing Award has today unveiled the top 10 finalists for 2024, one of whom will go on to win the grand title award of US $ 250,000. These 10 nurses have been shortlisted from a pool of 78,000 nurses from 202 countries across the world, following a stringent review process run independently by Ernst & Young LLP, a Screening jury and the Grand jury.

The top 10 finalists for 2024 includes: Archimedes Motari (Kenya), Johnsy Inni (Papua New Guinea), Laarni Conlu Florencio (USA), Lilian Nuwabaine (Uganda), Nelson Bautista (UAE), Nilima Pradeepkumar Rane (India), Maria Victoria Juan (Philippines), Martin Schiavenato (USA), Hoi Shu Yin (Singapore) and Sylvia May Hampton (UK). To know more about the top 10 finalists, please visit: https://www.asterguardians.com/

Dr Azad Moopen, Founder Chairman, Aster DM Healthcare, said, “Each and everyone of these nurses have showcased excellence – going above and beyond their duties for the wellbeing of patients and the community. The Aster Guardians Global Nursing Award was established with this very aim – to honour, celebrate and reward the remarkable contributions of nurses and establish them as role models in the field of nursing.”

He also added, “With more than 9000 nurses working across Aster DM Healthcare’s facilities across 7 countries, we have witnessed the commitment and efforts put in by nurses very closely. This is the least we can do to shine a spotlight on the work being done by the nursing community globally.” 

The final round will include interviews with respected members of the Grand Jury, and the winner will be announced at a gala event in Bengaluru, India by December 2024.

About Aster DM Healthcare:

Founded in 1987 by Dr. Azad Moopen, Aster DM Healthcare is a leading integrated healthcare provider, with a strong presence across seven countries. Aster is committed to the vision of providing accessible and high-quality healthcare, from primary to quaternary services, with its promise of “We will treat you well”.

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Contacts

Lavanya Mandal

Head of PR and Internal Communications

Aster DM Healthcare

Tel: +971 528126577

Email: lavanya.mandal@asterdmhealthcare.com

MultiBank Group Awarded 'Best FX Institutional Liquidity Provider' at Forex Expo Dubai 2024

DUBAI, United Arab Emirates - Tuesday, 15. October 2024 AETOSWire

(BUSINESS WIRE)--MultiBank Group, the world’s largest and most regulated financial derivatives broker headquartered in Dubai, has been honoured with the prestigious ‘Best FX Institutional Liquidity Provider’ award at Forex Expo Dubai 2024.

As the largest trading event in Dubai, Forex Expo Dubai brings together industry leaders, traders, and financial professionals from around the globe, making this recognition a significant milestone for the Group. This award reflects MultiBank Group’s unwavering commitment to excellence and its dedication to setting the highest forex standards.

Forex Expo Dubai serves as a key platform for networking and knowledge exchange in the financial markets, hosting thousands of participants and offering insights into the latest innovations in trading.

Naser Taher, Founder and Chairman of MultiBank Group, said: “We are proud to receive the ‘Best FX Institutional Liquidity Provider’ award at Forex Expo Dubai 2024. This accolade is a testament to our unwavering dedication to providing premium liquidity solutions for our clients while continuously pushing the boundaries of innovation in the financial trading industry. At MultiBank Group, we remain steadfast in our commitment to delivering an exceptional trading experience, underpinned by a robust regulatory framework and cutting-edge technology.”

MultiBank Group, established in California, USA in 2005, serves over 1 million clients across 100 countries, and boasts a daily trading volume that exceeds $15.6 billion. Renowned for its innovative trading solutions, robust regulatory compliance, and exceptional customer service, the Group offers an array of brokerage services and asset management solutions. It is regulated across five continents by 15+ of the most reputable financial authorities globally.

This latest accolade at Forex Expo Dubai 2024 adds to MultiBank Group’s impressive portfolio of awards, recognizing its trading excellence and regulatory compliance across the globe.

ABOUT MULTIBANK GROUP

MultiBank Group, established in California, USA in 2005, is a global leader in financial derivatives, serving over 1 million clients across 100 countries, and boasts a daily trading volume that exceeds $15.6 billion. Renowned for its innovative trading solutions, robust regulatory compliance, and exceptional customer service, the Group offers an array of brokerage services and asset management solutions. It is regulated across five continents by 15+ of the most reputable financial authorities globally. The group’s award-winning trading platforms offer up to 500:1 leverage on a diverse range of products, including Forex, Metals, Shares, Commodities, Indices, and Cryptocurrencies. MultiBank Group has received over 65 financial awards recognizing its trading excellence and regulatory compliance. For more information, visit MultiBank Group’s website.

 

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Contacts
Name: Yazan Shakfeh
Position: Global Head of Marketing
Email: mohammad.shakfeh@multibankfx.com
Phone: +971585754191

 

Avaya Helps Transcom Eliminate Language Barriers in Customer Service With an AI-Powered Real-Time Translation Solution

 DUBAI, United Arab Emirates - Tuesday, 15. October 2024

Implemented in partnership with Sabio Group, real-time translation solution can enable contact center agents from anywhere in the world to converse with customers in over 100 languages.

Solution integrates real-time translation and conversational AI tools with an Avaya Experience Platform contact center core.

Estimates predict that by levering AI-powered real-time translation, brands will be able to reduce customer service costs by 25%, or as much as 65% depending on the markets and use cases.

 

(BUSINESS WIRE)--GITEX Global – Transcom, a leading global customer service provider, has partnered with Avaya, a global leader in enterprise CX, and Sabio Group to create an AI-powered, real-time translation solution that can enable contact center agents from anywhere in the world to converse with customers in over 100 languages.

The solution, underpinned by the Avaya Experience Platform and integrated by Sabio, an expert services partner specializing in CX transformation, represents a significant step forward for the BPO industry, enabling Transcom to recruit agents based on their knowledge, rather than their language skills. This creates new levels of scalability when it comes to building skilled workforces capable of delivering outstanding CX.

“In our industry, it is sometimes challenging to recruit enough agents to support all our global markets. And if we do, it's often costly to hire and retain them. Working with Avaya and Sabio, we’re empowering agents around the world to offer high-quality customer service in every required language for our clients,” said Jakob Westgren, Senior VP - Head of IT Products and Partners, Transcom.

The solution integrates real-time translation and conversational AI tools with an Avaya Experience Platform contact center core. Speech-to-text and text-to-speech AI technology are paired with multiple translation engines and custom dictionaries to create real-time voice translation, eliminating language barriers between agents and customers.

“The open APIs present in Avaya Experience Platform enabled us to integrate what we call the Transcom Translation framework. This means that, when deployed, the solution is seamlessly integrated into core business, customer experience, and operational quality assurance processes. This technology integration, with such an obvious real-world outcome, really becomes a differentiator,” said Westgren.

In addition, Transcom estimates have shown that the solution can provide clients serving customers in multiple languages with a significantly reduced total cost of ownership. “With real-time voice translation, we believe we can reduce costs for these types of clients by 25%, or as much as 65%, depending on the use cases and markets,” said Westgren.

Cameron Thomson, Group Vice President – EMEA, Avaya, said: “This is an exciting solution leveraging the power of AI, and open platform APIs, to eliminate language barriers between agents and customers. As a result it’s changing the BPO game, and we couldn’t be more proud to be supporting that transformation.”

Rob Scutchings, Chief Technology Officer at Sabio, added: “This market-leading solution showcases the transformative power of AI. By integrating cutting-edge speech transcription and real-time language translation capabilities with Avaya's robust platform, we're not just breaking down language barriers – we're redefining the possibilities of global customer service.

“This project exemplifies Sabio's commitment to driving CX transformation through innovative technology integration. We're thrilled to collaborate with both Transcom and Avaya on this initiative, which we believe marks the beginning of a strategic partnership where Sabio is the ‘go-to partner’ for these kinds of high-value technology enhancements.

“Our expertise in CX transformation, combined with Transcom's industry leadership and Avaya's advanced platform, creates a powerful synergy that will continue to push the boundaries of what's possible in customer service delivery."

The solution deployed by Transcom is on display at Avaya’s stand at GITEX Global 2024. Avaya’s participation in GITEX Global comes in partnership with Sestek and Cognigy, as well as additional technology partners.

About Transcom

Transcom provides AI and digitally enhanced customer experience (CX) services to some of the world's most ambitious brands. More than 300 clients globally, including disruptive e-commerce players, category redefining fintechs, and technology legends rely on us for on-, off-, and nearshoring services. Transcom’s over 30,000 employees work in over 85 contact centers and work-at-home networks across 29 countries, creating brilliant experiences in customer care, sales, content moderation and backoffice services. We help our clients drive their brands forward, customer satisfaction up and operating costs down. For more information, visit www.transcom.com.

About Sabio Group

Sabio Group is a global expert services partner specialising in CX transformation.

It has major operations in the UK (England and Scotland), Spain, France, Netherlands, Denmark, Malaysia, Singapore, South Africa and India.

The Group delivers solutions, services and consultancy expertise that seamlessly combine digital and human interactions to support brilliant customer & employee experiences (CX & EX).

Through its own knowledge and technology, as well as that of world-class technology leaders such as Avaya, Sabio helps organisations optimise their customer journeys by making better decisions across their multiple contact channels.

The Group specialises in contact centre, AI, CRM and data insight technologies and works with major brands worldwide, including Aegon, AXA Assistance, British Airways, BBVA, BGL, Caixabank, DHL, loveholidays, Marks & Spencer, Rentokil Initial, Essent, GovTech, HomeServe, Sainsbury’s Argos, Telefónica and Transcom Worldwide.

www.sabiogroup.com

About Avaya

Businesses are built by the experiences they provide, and every day, millions of those experiences are delivered by Avaya. Organizations trust Avaya to provide innovative solutions for some of their most important ​ambitions and ​challenges,​ ​giving them the freedom to engage their customers and employees in ways that deliver the greatest business benefits. Avaya contact center and communications solutions power immersive, personalized, and unforgettable customer experiences that drive business momentum. With the freedom to choose their journey, there’s no limit to the experiences Avaya customers can create. Learn more at http://www.avaya.com.

Cautionary Note Regarding Forward-Looking Statements

Certain statements discussed in this release as well as in other reports, materials and oral statements that the Company releases from time to time to the public constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 (the “PSLRA”). Generally, words such as “anticipate,” “estimate,” “expect,” “could,” “intend,” “believe,” “plan,” “target,” “forecast” and similar expressions or the negative thereof are intended to identify forward-looking statements. Such forward-looking statements reflect management’s current expectations, strategic objectives, business prospects, anticipated economic performance and financial condition and other similar matters. Forward-looking statements are inherently uncertain and subject to a variety of assumptions, risks and uncertainties that could cause actual results to differ materially from those anticipated or expected by the management of the Company. These statements are not guarantees of future performance and actual events or results may differ significantly from these statements. Actual events or results are subject to significant known and unknown risks, uncertainties and other factors, many of which are beyond the Company’s control. It should be understood that it is not possible to predict or identify all such factors. Given these risks, investors and analysts should not place undue reliance on forward-looking statements. Forward-looking statements speak only as of the date of the document in which they are made. The Company disclaims any obligation or undertaking to provide any updates or revisions to any forward-looking statement as a result of new information, future events or otherwise, except as required by law. These statements constitute the Company’s cautionary statements under the PSLRA.

All trademarks identified by ®, TM, or SM are registered marks, trademarks, and service marks, respectively, of Avaya Inc. All other trademarks are the property of their respective owners.

Source: Avaya Newsroom

 

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Contacts

For media inquiries:

Avaya Public Relations

corpcommsteam@avaya.com

Abu Dhabi Gears Up for Season 2 of the Autonomous Racing League: Returns with New Teams, Upgraded Autonomous Super Formula Model, and US$ 2.25 Million Prize Pot

 Dubai, United Arab Emirates - Monday, 14. October 2024

A2RL Season 2 Race Day confirmed for 26 April 2025, at Abu Dhabi’s iconic Yas Marina Circuit

Growing global reach with new teams from the USA, France, Japan, and the UAE

AI takes the lead as coders and engineers race to push the limits of autonomous technology

 

ASPIRE, the innovation acceleration arm of Abu Dhabi’s Advanced Technology Research Council (ATRC), has officially launched the second season of the Abu Dhabi Autonomous Racing League (A2RL), with a confirmed race day set for 26 April 2025, at Yas Marina Circuit. A2RL returns attracting an even broader global footprint with the addition of four new international teams and the reveal of an upgraded Dallara built Super Formula Emirates Autonomous Vehicle (EAV24) designed to push the boundaries of AI in motorsport. Competitors will race for a share of the impressive US$ 2.25 million prize pool.

Following a successful inaugural race in April 2024, which featured teams from the USA, Germany, Switzerland, Hungary, Italy, Singapore, China, and the UAE, A2RL is expanding its global roster with the addition of four new teams: AiPEX Racing from the US, Aladin Innovation from France, SEVRUS Japan (TGM Grand Prix) from Japan, and a team from the UAE’s Technology Innovation Institute (TII). These new entrants will join the original teams from Season 1 in undergoing a rigorous simulation phase in November, where they will face track conditions to finalize the complete team roster. The race format for the upcoming season will be revealed following the simulation challenge.

In the simulation phase, teams will prove their ability to control their race cars under challenging conditions such as GPS failures, sensor malfunctions, and meet quality gateways to demonstrate overtaking skills. Teams must also showcase strategies for tire and brake warming, perform hot laps, and even race against virtual opponents. Only those who meet these high standards will qualify for the final competition.

The race promises to showcase some of the world's brightest engineers and programmers, with these teams harnessing the power of artificial intelligence (AI) to code autonomous race cars. The league is evolving into a global AI sport, where the combination of innovation and high-speed competition takes center stage.

H.E. Faisal Al Bannai, Adviser to the UAE President and Secretary General of the Advanced Technology Research Council, underscored the global impact of A2RL, stating: “A2RL is more than just a race; it’s a critical platform for showcasing the power of AI-driven solutions and their potential to transform entire industries. By pushing the boundaries of what’s possible with autonomous technology, we are accelerating innovation across sectors and positioning the UAE as a leader in the global AI landscape.”

Stephane Timpano, CEO of ASPIRE, added, “The second season of A2RL is set to be even more exhilarating, with new teams pushing the limits of AI integration in motorsport. Our upgraded race car, designed with next-gen autonomous tech, will challenge teams to take their coding and engineering to new heights. This league is more than just a competition—it’s a glimpse into the future of AI-driven sports.”

At GITEX Global, Dubai's premier technology event, attendees were given a first look at the upgraded EAV24, A2RL’s next-generation autonomous race car. This model, the body panels of which are crafted from sustainable bio-composite materials, features a sleek design inspired by digital algorithms and AI-driven data patterns, underscoring the event’s core focus on AI innovation. The EAV24 will be at the center of the competition, where teams will battle to develop AI systems that can outsmart and outperform their rivals on the track.

The league's first season saw a remarkable turnout, with over 10,000 spectators witnessing the event live at Yas Marina Circuit, and more than 1 million global viewers streaming the race online. The second season aims to build on this success, cementing A2RL’s position as a pioneering force in both motorsport and the advancement of AI.

A2RL’s mission extends beyond racing—it is about accelerating the development of autonomous systems across a variety of platforms and building public trust in the safety and reliability of this emerging technology. In addition to car racing, the league encompasses other cutting-edge competitions, such as autonomous drone racing and autonomous buggies, allowing for the testing and refinement of technologies in diverse environments. The competition offers OEMs (Original Equipment Manufacturers) and automakers a risk-free environment to explore and develop autonomous innovations, driving advancements that will one day impact the broader mobility sector.

For an exclusive preview of the EAV24 and further insights into the future of AI-driven racing, visit ATRC’s stand at Hall 17-B10 at GITEX Global.

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Contacts

Dalia Awdi

+971501945368

Dalia.Awdi@edelman.com 

Mercure Debuts in the heart of Muscat, Offering a Gateway to Omani Hospitality

 Muscat, Oman

Mercure, a locally-inspired brand from Accor, announces its debut in Oman with the soft opening of Mercure Muscat. The hotel captures the essence of local exploration and authentic Omani hospitality.  

Strategically located just 15 minutes from Muscat International Airport, it offers easy access to commercial hubs and government offices, catering to both business and leisure travellers.

Featuring 186 rooms and suites, the hotel combines elegance and simplicity for a truly authentic atmosphere, complete with panoramic views of the city, mountains, and sea. With calligraphy adorning all guest rooms and captivating urban art on the building’s exterior, these creative elements showcase the deep artistic traditions of Oman, making the property a standout in Mercure's portfolio.

Guests can enjoy a range of top-tier facilities, including an inviting outdoor swimming pool on the seventh floor, complete with a Jacuzzi - a perfect retreat for relaxation. The hotel also features a state-of-the-art health club and a tranquil spa offering tailored treatments.

For business and special events, Mercure Muscat is equipped with versatile meeting and event spaces, accommodating up to 450 guests. The ballroom, one of the largest in the city, is pillarless and offers private access, making it an ideal choice for weddings and other large gatherings. In addition, the hotel provides three meeting rooms and boardrooms for smaller events and business needs.

Mercure Muscat offers guests an authentic culinary experience rooted in Omani culture through the brand's ‘Discover Local’ programme. Guests can enjoy a variety of dining options, including “The Valley” an all-day dining restaurant, “M Café” a cozy lobby café, a pool bar, and “Yum Yum” a specialty Asian Fusion restaurant. The hotel's menu features a mix of regional specialties and international favorites, all made with locally sourced, seasonal, and healthy ingredients.

Ismail Ibrahim, General Manager of Mercure Muscat, commented, “Food and beverage are key to immersing guests in the essence of a destination. At Mercure Muscat, we take pride in offering a dining experience that not only showcases authentic Omani flavors but also caters to a diverse range of tastes, ensuring that every guest feels connected to the local culture. Through our ‘Discover Local’ programme, we invite guests to explore the region’s rich culinary heritage, creating experiences that are both memorable and meaningful.”

He further highlighted the hotel's unique features, stating, “From the moment guests step into our property, they will feel the spirit of the neighborhood through the design, where local elements have been thoughtfully integrated to craft a truly authentic stay. Beyond that, we ensure a restful and comfortable experience, offering premium sleep experience and high-quality branded amenities made with natural, sustainably sourced ingredients, reflecting our commitment to both guest well-being and sustainability.”

Paul Stevens, Chief Operating Officer Premium, Midscale & Economy Division, Middle East, Africa & Türkiye at Accor, stated: “We are proud to welcome Mercure Muscat to our growing portfolio in Oman and the region. With this debut, we are not only expanding our presence in Oman but also reinforcing our commitment to providing experiences rooted in local culture, that connect travellers with Oman’s rich heritage and showcases the warmth and hospitality of its people."

Mercure Muscat is owned by Castle Tourism Hotel Management LLC and marks the first Mercure branded hotel in the capital.

Mercure celebrated its 50th Anniversary in 2023, and has recently reached a historic milestone with the opening of its 1,000th hotel. With over 200 additional hotels under development, Mercure continues to expand at pace, delivering high-quality standards infused with a deep sense of locality.

 

For images click here.

 

About Mercure

Inspired by Mercury, the Roman god of travellers, Mercure hotels offer far more than just a place to sleep – they are a gateway to the destination, a warm invitation to discover and explore the locale. Since its founding in 1973, Mercure has been dedicated to unveiling the treasures surrounding each address, delivering high-quality standards infused with a deep sense of place. Through its “Discover Local” program, Mercure welcomes guests to Feel Local Everywhere – be it in Rio, Paris, Bangkok and many other destinations across the globe. Every detail, from the decorative arts to our passion for uncovering local food and drink delights is curated to reflect the unique essence of each destination. Mercure hotels are conveniently located in city centers, by the sea or in the mountains, with more than 1,000 hotels in 65+ countries. Mercure is part of Accor, a world leading hospitality group counting over 5,700 properties throughout more than 110 countries, and a participating brand in ALL - Accor Live Limitless – a lifestyle loyalty program providing access to a wide variety of rewards, services and experiences.

 

mercure.com | all.com | group.accor.com

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Contacts

For media queries, please contact:

Mayukh Sikdar

Watermelon Communications

Dubai, UAE

+97142833655

mayukh@watermelonme.com

 

Kinaxis Announces Deal to Transform Energy Sector Supply Chains

 

OTTAWA, Ontario - 

Collaboration with ExxonMobil will create tailored technology solutions for efficiency

(BUSINESS WIRE) -- Kinaxis® (TSX:KXS), a global leader in end-to-end supply chain orchestration, today announced a co-development deal with ExxonMobil, one of the largest integrated fuels, lubricants and chemical companies in the world, to create supply chain technology solutions designed specifically for the energy sector.

Empowered by the growing demand for energy products that support modern life, the companies will work together to identify supply chain challenges unique to the energy sector and create a potential industry solution to mitigate them.

Kinaxis and ExxonMobil will focus on a supply and demand planning solution for the complicated fuel commodities market which has no industry-wide standard and which relies heavily on spreadsheets and other manual methods. The solution will enable integrated refinery-to-customer planning with timely data for the most accurate supply/demand planning, balancing and signaling. Benefits include automated data visibility, improved inventory management and terminal replenishment, and enhanced supply scenario planning that are expected to enable arbitrage opportunities and decrease supply costs.

In the chemicals and lubricants space, the companies are developing an advanced planning solution that provides manufacturing and logistics constraints management coupled with scenario modelling and evaluation.

Finally, the co-development will fit established sales and operations planning solutions specifically for upstream operations to optimize sourcing, storage and movement of materials and assets to improve utilization and lower costs.

“Last year, we brought together all ExxonMobil supply chain activities and expertise into one centralized organization, creating one of the largest supply chain operations in the world, and through this identified critical solution gaps to enable our businesses to capture additional value,” said Staale Gjervik, supply chain president, ExxonMobil Global Services Company. “Collaborating with Kinaxis, a leading supply chain technology provider, is instrumental in providing solutions for a large and complex business like ours.”

“ExxonMobil is uniquely placed to understand the biggest opportunities in improving energy supply chains, from more accurate sales and operations planning, increased agility in field operations, effective management of enormous transportation networks and adapting quickly to complex regulatory environments,” said John Sicard, Kinaxis CEO. “There is an urgent need to increase efficiency in every step, from extraction to end-user consumption, and we’re looking forward to making a big impact across the sector.”

Operating for more than 140 years, ExxonMobil is one of the largest energy companies in the world; it will bring its deep energy sector knowledge and experience, while Kinaxis will tap into its market-leading supply chain expertise and digital innovation to create techniques and software solutions purpose-built for the sector.

About Kinaxis

Kinaxis is a global leader in modern supply chain orchestration, powering complex global supply chains and supporting the people who manage them, in service of humanity. Our powerful, AI-infused supply chain orchestration platform, Maestro™ , combines proprietary technologies and techniques that provide full transparency and agility across the entire supply chain — from multi-year strategic planning to last-mile delivery. We are trusted by renowned global brands to provide the agility and predictability needed to navigate today’s volatility and disruption. For more news and information, please visit kinaxis.com or follow us on LinkedIn.

Cautionary Note and Forward-Looking Information

This news release contains forward-looking information within the meaning of Canadian securities legislation. Forward-looking information relates to future events or the anticipated performance of Kinaxis and reflects management’s expectations or beliefs regarding such future events. In certain cases, statements that contain forward-looking information can be identified by the use of words such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, “believes” or variations of such words and phrases or statements that certain actions, events or results “may”, “could”, “would”, “might”, or “will be taken”, “occur” or “be achieved” or the negative of these words or comparable terminology. By its very nature forward-looking information involves known and unknown risks, uncertainties and other factors that may cause actual performance of Kinaxis to be materially different from any anticipated performance expressed or implied by such forward-looking information.

Forward-looking information is subject to a variety of risks and uncertainties, which could cause actual events or results to differ from those reflected in the forward-looking information, including, without limitation, the risks described under the heading “Risk Factors” in the Company’s annual information form dated March 25, 2024 for its fiscal year ended December 31, 2023, under the heading “Forward-Looking Statements” in our news release dated July 31, 2024, and other risks identified in the Company’s filings with Canadian securities regulators, which filings are available on SEDAR+ at https://www.sedarplus.ca.

The risk factors referred to above are not an exhaustive list of the factors that may affect any of the Company’s forward-looking information. Forward-looking information includes statements about the future and is inherently uncertain, and the Company’s actual achievements or other future events or conditions may differ materially from those reflected in the forward-looking information due to a variety of risks, uncertainties and other factors. The Company’s statements containing forward-looking information are based on the beliefs, expectations, and opinions of management on the date the statements are made, and the Company does not assume any obligation to update such forward-looking information if circumstances or management's beliefs, expectations or opinions should change, other than as required by applicable law. For the reasons set forth above, one should not place undue reliance on forward-looking information.

 

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Contacts

Media Relations

Jaime Cook | Kinaxis

jcook@kinaxis.com

+1 289-552-4640

Investor Relations

Rick Wadsworth | Kinaxis

rwadsworth@kinaxis.com

+1 613-907-7613

Avaya Intelligently Augments CX Role With AI-Based ‘Virtual Operations Manager’

DUBAI, United Arab Emirates - Monday, 14. October 2024

Shown at GITEX Global in Dubai, Avaya’s ‘Virtual Operations Manager’ concept highlights the art of the possible, demonstrating how human and artificial intelligence collaboration can fundamentally alter the way customer experience is managed at the contact center level.

Showcase, built on the Avaya Experience Platform™, unifies contact center data and operations to provide centralized insights and boost performance, representing direction of fast-moving Avaya roadmap.

 

(BUSINESS WIRE) -- GITEX GLOBAL – Avaya, a global leader in enterprise CX, today demonstrated its vision for a future of customer experience orchestrated by AI.

Shown at GITEX Global in Dubai, Avaya’s ‘Virtual Operations Manager’ concept highlights the art of the possible, demonstrating how human and artificial intelligence collaboration can fundamentally alter the way customer experience is managed at the contact center level.

The showcase, built on the Avaya Experience Platform™, unifies contact center data and operations to provide centralized insights and boost performance with a virtual contact center operations manager advising, and acting on behalf of, contact center leaders.

“While the AI revolution continues to unfold, it’s clear that the most compelling use cases are those which put the power of AI into human hands to achieve things that were never possible. With the Avaya Experience Platform as its core platform, this demonstration shows how AI can not only unify data across a connected business ecosystem, but use those analytics to perform complex workforce orchestration, giving contact center managers the tools they need to supercharge business growth,” said Omar Javaid, Chief Product Officer, Avaya.

The ’Virtual Operations Manager’ concept intelligently augments the role of the human operations manager, helping them to make sense of the vast amounts of data being captured by the contact centers’ range of CX-focused applications. It can then offer, or even automatically take, actions to take to improve contact center performance – based on parameters that can be configured in a low-code/no-code environment.

Built with the large-enterprise contact center in mind, the showcase demonstrates seamless integration with complex applications, high levels of security compliance, and the ability to scale and upgrade using a combination of on-premise and cloud-based technologies.

Avaya’s CX Innovation Continues

Avaya has consistently innovated its leading solutions portfolio, fulfilling commitments to support large customers by addressing their expanding business requirements. Avaya’s product roadmap strategy focuses on the customer journey, ensuring delivery of innovative solutions like AI, automation, and analytics at a pace that fits an enterprise’s specific needs.

“Our customers are seeking to balance innovation with business growth and ROI while avoiding a ‘rip and replace’ of their existing infrastructure. As a result, our approach of Innovation without Disruption is embodied in our roadmap, which is designed to deliver modern, customized capabilities through the Avaya Experience Platform,” said Javaid.

Recent Avaya Experience Platform roadmap milestones include:

AI Agent Assist Enhancements: Reduces average agent handling time and after-call documentation work, enhancing customer satisfaction and lowering interaction costs. It performs real-time intent detection, offers tailored suggestions, and automatically summarizes interactions, saving agent resources for valuable live interactions.

Unified Customer Journey Improvements: Offers a single view for agents to see all consumer interactions, combining on-prem and cloud voice and digital interactions. This helps agents gain more context and prevents customers from having to repeat information, thereby eliminating silos and disjointed experiences. With a 360-degree view of interactions, agents can provide a seamless customer experience, enhancing operational efficiency and customer satisfaction.

Experience Orchestration Foundation: Delivers a foundation for next-generation orchestration into AXP, driven by our recent acquisition of Edify. By focusing initially on voice and self-service use cases, this integration will allow customers with on-premise deployments to start leveraging orchestration and automation capabilities from the cloud. This enables better use of interaction data for improved decision-making, leading to enhanced customer and employee experiences.

Cloud Migration Tool: Helps customers transitioning their Avaya Aura solutions to the cloud by automating the migration process from on-premise to cloud. This reduces reliance on costly services, saves time, and allows customers to choose their cloud journey without disrupting existing business operations.

Avaya’s major presence at GITEX Global highlights a range of technology demonstrations seamlessly integrating AI into every facet of customer interaction, transforming traditional contact centers into dynamic experience centers. The solutions on display, underpinned by the Avaya Experience Platform, help organizations to unify customer interactions across all channels, enhance the usability of AI-based tools, optimize operations, and more easily orchestrate customer journeys. ​

Avaya’s presence at GITEX Global comes in partnership with Sestek and Cognigy, as well as additional technology partners. Visit Avaya at its stand in Zabeel Hall, at Dubai World Trade Centre between October 14 and 18, 2024.

About Avaya

Businesses are built by the experiences they provide, and every day, millions of those experiences are delivered by Avaya. Organizations trust Avaya to provide innovative solutions for some of their most important ​ambitions and ​challenges,​ ​giving them the freedom to engage their customers and employees in ways that deliver the greatest business benefits. Avaya contact center and communications solutions power immersive, personalized, and unforgettable customer experiences that drive business momentum. With the freedom to choose their journey, there’s no limit to the experiences Avaya customers can create. Learn more at https://www.avaya.com.

Cautionary Note Regarding Forward-Looking Statements

Certain statements discussed in this release as well as in other reports, materials and oral statements that the Company releases from time to time to the public constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 (the “PSLRA”). Generally, words such as “anticipate,” “estimate,” “expect,” “could,” “intend,” “believe,” “plan,” “target,” “forecast” and similar expressions or the negative thereof are intended to identify forward-looking statements. Such forward-looking statements reflect management’s current expectations, strategic objectives, business prospects, anticipated economic performance and financial condition and other similar matters. Forward-looking statements are inherently uncertain and subject to a variety of assumptions, risks and uncertainties that could cause actual results to differ materially from those anticipated or expected by the management of the Company. Such factors include, but are not limited to: the Company’s ability to maintain relationships with suppliers, customers, employees and other third parties and regulatory authorities; market opportunities may not develop for the Company’s solutions and services in ways that the Company anticipates and the Company may not succeed in developing new innovative solutions and services to keep pace with rapidly changing technology, evolving industry standards and customer preferences; the impact and timing of any cost-savings measures and related local law requirements in various jurisdictions; the effectiveness of the Company’s internal control over financial reporting and disclosure controls and procedures, and the potential for additional material weaknesses in the Company’s internal controls over financial reporting or other potential weaknesses of which the Company is not currently aware or which have not been detected; and the impact of litigation and regulatory proceedings. These statements are not guarantees of future performance and actual events or results may differ significantly from these statements. Actual events or results are subject to significant known and unknown risks, uncertainties and other factors, many of which are beyond the Company’s control. It should be understood that it is not possible to predict or identify all such factors. Given these risks, investors and analysts should not place undue reliance on forward-looking statements. Forward-looking statements speak only as of the date of the document in which they are made. The Company disclaims any obligation or undertaking to provide any updates or revisions to any forward-looking statement as a result of new information, future events or otherwise, except as required by law. These statements constitute the Company’s cautionary statements under the PSLRA.

Source: Avaya Newsroom

 

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Contacts

For media inquiries:

Avaya Public Relations

corpcommsteam@avaya.com

Cognite Launches the Cognite Atlas AI™ LLM & SLM Benchmark Report for Industrial Agents

 AUSTIN, Texas & OSLO, Norway - Monday, 14. October 2024 AETOSWire 

The industry's first language model performance report ensures reliability, accuracy, and effectiveness in developing trustworthy industrial AI solutions.

(BUSINESS WIRE) -- Cognite, the global leader in AI for industry, today announced the launch of the Cognite Atlas AI™ LLM & SLM Benchmark Report for Industrial Agents. The first-of-its-kind report addresses the shortcomings of general benchmark datasets by tailoring large language model (LLM) and small language model (SLM) evaluations to focus on specialized industrial tasks, ensuring the reliability, accuracy, and effectiveness of industrial AI solutions.

"General LLM and SLM benchmark reports fail to capture the complexities of industrial environments and don't align with the specialized needs of industrial operations, where precision, safety, and domain expertise are critical," said Knut Vidvei, Head of Product Management at Cognite, speaking from the stage at IMPACT 2024. "With the Cognite Atlas AI™ LLM & SLM Benchmark Report for Industrial Agents, we've tailored an evaluation framework to real-world industrial tasks, ensuring AI Agents are reliable and effective, driving the advancement of industrial AI."

Cognite Atlas AI™ is an industrial agent workbench that extends Cognite Data Fusion®, the leading industrial Data and AI platform. With unmatched data management and comprehensive AI capabilities, Cognite earned Frost & Sullivan's Global Company of the Year Award in the digital industrial platforms market and Frost Radar™: Digital Industrial Platforms market powerhouse status, solidifying the company as an authority on Data and AI for industry.

The Cognite Atlas AI™ Benchmark Report for Industrial Agents will initially focus on natural language search as a key data retrieval tool for industrial AI agents. The test set includes a wide range of data models designed for sectors like Oil & Gas and Manufacturing, with real-life question-answer pairs to evaluate performance across different scenarios. Answers are assessed using a wide range of evaluation metrics. These benchmark datasets enable systematic evaluation of the system's performance in answering complex questions, like tracking open safety-critical work orders in a facility.

Future versions of the report will evaluate additional AI tools, such as those for summarizing, analyzing, and reasoning with industrial data, to assess the full performance of industrial AI agents.

The first Cognite Atlas AI™ LLM & SLM Benchmark Report for Industrial Agents will be available to download for free on October 28, 2024. The report will then be regularly published to enable digital transformation leaders to use Gen AI to carry out more complex operations with greater accuracy.

About Cognite

Cognite makes Generative AI work for industry. Leading energy, manufacturing, and power & renewables enterprises choose Cognite to deliver secure, trustworthy, and real-time data to transform their asset-heavy operations to be safer, more sustainable, and profitable. Cognite provides a user-friendly, secure, and scalable platform that makes it easy for all decision-makers, from the field to remote operations centers, to access and understand complex industrial data, collaborate in real-time, and build a better tomorrow. Visit us at www.cognite.ai and follow us on LinkedIn and X.

 

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Contacts

Cognite Media Contact:

Michelle Holford, Vice President, Global PR

Michelle.Holford@Cognite.com

 

TOTL Revolutionises Customer Retention with Dynamic QR Tech at Fintech Surge 2024

 Dubai, United Arab Emirates

Dubai-based fintech innovator showcases cutting-edge innovations in customer retention and loyalty.

Fintech Surge 2024, the Middle East’s leading event for financial technology, is buzzing with new innovations aimed at transforming customer engagement and loyalty. Among the standout companies showcasing at this year's event is TOTL, a pioneering Dubai-based fintech firm, set to make a significant impact by unveiling its latest solutions, including a powerful mobile app and dynamic QR code technology.

TOTL is redefining how businesses enhance customer retention and loyalty with solutions designed to drive engagement, boost brand loyalty, and elevate customer experiences. Focused on delivering seamless, value-driven payment experiences, the platform empowers businesses in the UAE to organically build long-term loyalty through instant rewards and frictionless transactions.

At the core of TOTL’s offering is its QR Code Technology, which integrates various digital tools to create an all-in-one solution for businesses and consumers. Through TOTL’s dynamic concept, which entails app and QR code abilities, companies can connect directly with customers by offering cashback, eVouchers, and eGifts—all in real time. This has resulted in impressive user growth, with a 200% increase over the past year and a 100% rise in new business partnerships.

A Fintech Solution for the Future of Loyalty

As businesses across the UAE compete in a fast-evolving market, TOTL’s mobile app stands out for its ability to deliver instant rewards and personalised offers that drive customer retention. Built with user experience at its core, the app simplifies transactions and provides businesses with valuable insights into customer behaviours, helping them foster stronger relationships and enhance brand loyalty.

TOTL’s dynamic QR technology extends the app, enabling businesses to offer personalised, repeatable payment experiences. However, the app’s innovation goes beyond QR code payments, turning purchases into engaging experiences that keep customers coming back without app dependency.

"At TOTL, we see our mobile app as more than just a payment platform; it’s a loyalty ecosystem," said Uday Rathod, CEO and Co-Founder of TOTL. "The success of our QR technology for Payments is just one aspect of how we're helping businesses build lasting relationships with their customers , not just with rewarding payment experiences but by its dynamic approach , creating a realm of brand engagement opportunities which is equally gratifying."

Leveraging Digital Tools for Business Growth

TOTL’s concept empowers businesses to stay competitive by offering simple yet powerful channels to engage and retain customers. Through instant cashback rewards, eVouchers, and personalised offers, TOTL delivers immediate value on every transaction, fostering trust and loyalty between customers and businesses. With payment growth surging by 500%, TOTL is clearly shaping the future of customer retention through its innovative digital approach.

"We’re committed to giving businesses the tools they need to thrive," said Sulochana Betwala, COO and Co-Founder of TOTL. "TOTL's concept goes beyond payment transactions, creating long-lasting customer engagements. Businesses are retaining more customers and experiencing significant growth through increased interaction with TOTL’s loyalty-driven features."

TOTL at Fintech Surge 2024

Attendees of Fintech Surge 2024 will have the opportunity to experience the power of TOTL’s offerings firsthand at the booth (H10-A2). TOTL will offer live demonstrations of how it helps businesses transform everyday transactions into meaningful customer relationships through various features, including instant cashback and Dynamic QR codes.

With its innovative solutions, TOTL continues to lead fintech, helping businesses across the UAE leverage the digital mechanism to enhance customer retention and engagement in an increasingly competitive landscape.

About TOTL

TOTL brings a unique platform that unbolts the world of Instant Payments with Instant Rewards to UAE consumers. Partnered with over 600+ local offline businesses across the UAE, TOTL brings value for every spend by offering consumers Instant Cashback on Payments, eVouchers and eGifts with added value that encourages brand affinity and loyalty with the joy of getting back on their daily spends.

Pay via app or QR codes, purchase eVouchers, or gift eGifts to friends and family. With TOTL’s smart, secure, and simple ways to interact with businesses in the UAE, you can get back or save on every expense.

TOTL is committed to working with the local business community who strive to build loyalty and bring back the customers for a superlative customer experience each time they visit their business.

Transforming Payments & Loyalty Culture bringing together Savings Community in UAE.

For more information, please visit https://totl.ai/

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Contacts

Melwyn Abraham - melwyn@matrixdubai.com

Datos Insights Recognizes Laserfiche Customer Stonehage Fleming with 2024 Impact Award for Technology Transformation

 (BUSINESS WIRE) -- Laserfiche — the leading SaaS provider of intelligent content management and business process automation — today announced that its customer, Stonehage Fleming, has won the Datos Insights 2024 Digital Wealth Management Impact Award for Technology Transformation. This award recognizes Stonehage Fleming’s innovation in leveraging Laserfiche’s suite of content management, process automation, integration, information governance and intelligent data capture tools to drive operational excellence across the organization.

Stonehage Fleming, a leading international provider of wealth management and fiduciary services, addressed a number of challenges with its transformation, including inefficient legacy systems, increasing regulatory complexity, and meeting evolving client needs. To achieve its digital initiatives, the IT team adopted Laserfiche as a process orchestration engine across its 19 global offices.

The team automated various legacy processes in the Business Development department which increased consistency, efficiency and collaboration in client onboarding. Integrations between Laserfiche and the organization’s other core technology platforms and automated processes optimized staff time. Meanwhile, Laserfiche’s robust security features support Stonehage Fleming’s strict information governance practices.

The Stonehage Fleming IT team estimates that this initiative with Laserfiche has saved over $150,000 and tens of thousands of hours, enabling staff to provide enhanced client service.

“Wealth management firms need strategic IT planning and technology partners that will optimize back-office functions while supporting compliance,” said Joman Kwong, strategic solutions manager, financial services, at Laserfiche. “Stonehage Fleming’s innovative use of Laserfiche technology is an example of how end-to-end digital transformation can result in an enhanced employee and customer experience. Congratulations to the Stonehage Fleming team!”

“We are proud to receive the Datos Insights 2024 Digital Wealth Management Impact Award for Technology Transformation and highlight the innovation that takes place in our industry to benefit clients, partners and colleagues,” said Gert Bester, manager, IT business systems, at Stonehage Fleming. “Our partnership with Laserfiche and our solution provider, Datafabricx, have been critical in transforming our digital operations to streamline operations, mitigate risk and provide faster service to our clients.”

About Laserfiche

Laserfiche is the leading SaaS provider of intelligent content management and business process automation. Through powerful workflows, electronic forms, document management and analytics, the Laserfiche® platform accelerates how business gets done, enabling leaders to focus on growth across the enterprise.

Laserfiche pioneered the paperless office with enterprise content management. Today, Laserfiche’s cloud-first development approach incorporates innovations in machine learning and AI to enable organizations globally to transform into digital businesses. Customers in every industry — including government, education, financial services, healthcare and manufacturing — use Laserfiche to boost productivity, scale their business and deliver digital-first customer experiences.

Laserfiche employees are committed to the company’s vision of empowering customers and inspiring people to reimagine how technology can transform lives.

Connect with Laserfiche:

Laserfiche Blog | Twitter | LinkedIn | Facebook

 

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Contacts

Media Contact:

Linda Domingo

Director, Communications | Laserfiche

Linda.domingo@laserfiche.com

562-988-1688 ext. 234

 

Breakthrough Discovery: British Explorer Andrew ‘Sandy’ Irvine’s Partial Remains Believed to Be Found on Mount Everest After 100 Years

 WASHINGTON - Friday, 11. October 2024 AETOSWire Print 

(BUSINESS WIRE)--After 100 years of speculation surrounding his fate, the partial remains of Andrew Comyn “Sandy” Irvine are believed to have finally been discovered on Mount Everest. At age 22, Irvine vanished while attempting to conquer the world’s tallest peak on June 8, 1924, along with his climbing partner, renowned mountaineer George Mallory.

The discovery was made recently by a small team including National Geographic Explorer, photographer, Academy AwardⓇ-winning director and professional climber Jimmy Chin along with climbers and filmmakers Erich Roepke and Mark Fisher. What is believed to be Irvine’s foot, encased in a sock and boot, was found on the Central Rongbuk Glacier below the North Face of Everest at a lower altitude than Mallory’s remains were located. The partial remains – identified with his name stitched into the sock – are now in the possession of the China Tibet Mountaineering Association, which is responsible for climbing permits on Everest’s northern side.

The find was reported to the Royal Geographical Society - who jointly organized Mallory and Irvine’s expedition along with the Alpine Club - which at the time was only the third British climb on Mount Everest. It was also shared with Irvine’s great niece and biographer, Julie Summers – one of many living family relatives. The Irvine family has volunteered to compare DNA test results with the remains to confirm Irvine’s identity.

“Any expedition to Everest follows in the shadow of Irvine and Mallory,” said Chin. “We certainly did. And sometimes in life the greatest discoveries occur when you aren’t even looking. This was a monumental and emotional moment for us and our entire team on the ground, and we just hope this can finally bring peace of mind to his relatives and the climbing world at large.”

“It is remarkable that this discovery was made in the centenary year of Sandy’s disappearance,” said Summers. “I have lived with this story since I was a 7-year-old when my father told us about the mystery of Uncle Sandy on Everest. The story became more real when climbers found the body of George Mallory in 1999, and I wondered if Sandy’s body would be discovered next. A quarter of a century after that discovery, it seemed extremely unlikely that anything new would be found. When Jimmy told me that he saw the name A.C. Irvine on the label on the sock inside the boot, I found myself moved to tears. It was and will remain an extraordinary and poignant moment.”

Professor Joe Smith, director of the Royal Geographical Society, said of the discovery: “As joint organiser of the 1924 Everest expedition (with the Alpine Club), the Society deeply appreciates the respect Jimmy Chin’s team has shown Sandy Irvine’s remains and their sensitivity toward Sandy’s family members and others connected to that expedition. Sandy was an exceptional figure and made a significant contribution to our understanding of Everest and the Himalaya. This discovery of his remains provides an element of closure for his relatives and the wider mountaineering community, and we are grateful to Jimmy and his team for enabling this and ensuring Sandy is in safe hands. The Society will continue to assist Jimmy, his team and Sandy’s extended family during what will inevitably be a period of intense global interest.”

Irvine and Mallory were British mountaineers who disappeared in 1924 during an expedition organized by the Royal Geographical Society and Alpine Club to be the first to summit Everest. The mystery of whether they reached the summit before their death has intrigued climbers and historians for decades. Mallory’s body was discovered in 1999 by climber Conrad Anker, but until now, Irvine’s remains had never been found.

The team’s climb was funded by National Geographic Documentary Films for an upcoming documentary directed and produced by the Academy Award- and the BAFTA Award-winning team behind “Free Solo,” E. Chai Vasarhelyi and Chin, and their banner Little Monster Films.

Irvine Family Statement on the Discovery:

“The Irvine family is deeply moved to hear of the discovery of partial remains of Sandy Irvine. We are grateful to the mountaineering and film team, led by Jimmy Chin, who made the discovery and who have treated it with respect and professionalism. We are happy that the remains are now in the hands of the CTMA. Sandy Irvine was the youngest member of the 1924 Mount Everest expedition and was lost on the upper slopes of the mountain with George Mallory when the two disappeared on 8 June 1924.”

ABOUT JIMMY CHIN

Chin is a professional climber, skier, mountaineer, 20-year member of The North Face Athlete Team and National Geographic Explorer. Consistently over the past 20 years, Chin has led or participated in cutting-edge climbing and ski mountaineering expeditions to all seven continents and participated in the first and only American ski descent from the summit of Mount Everest. He is also a filmmaker and National Geographic photographer. He has worked with many of the greatest explorers, adventurers and athletes of our time, documenting their exploits in the most challenging conditions and locations in the world. Together with his wife, Elizabeth Chai Vasarhelyi, he has co-directed the films “Meru,” “Free Solo,” “The Rescue,” “Wild Life,” “Return To Space,” and their first scripted feature, “Nyad.” Their next documentary feature, “Endurance” premieres this weekend at the BFI London Film Festival. Chin and Vasarhleyi won the Best Documentary Oscar® in 2019 for “Free Solo.”

Exclusive Photos

NatGeo.com Story: https://www.nationalgeographic.com/adventure/article/sandy-irvine-body-found-everest

 

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Contacts

For National Geographic:

Marcus Cammack, marcus.cammack@natgeo.com

Jennifer DeGuzman, jennifer.deguzman@natgeo.com

NatGeo.com

For Little Monster Films:

Chris Albert, chris@albertmediagroup.net

For UK enquiries:

Johanna Whitehead, johanna@allgoodthingsltd.co.uk

Molly Wilkinson, molly@allgoodthingsltd.co.uk

Bentley Systems Announces Generative AI Game-Changer for Civil Site Design

VANCOUVER, British Columbia - Thursday, 10. October 2024

Company unveils first-to-market AI-powered civil engineering application that delivers optimized, accurate site designs up to 10 times faster than traditional methods


(BUSINESS WIRE) -- Bentley Systems’ Year in Infrastructure 2024 – Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, today announced new generative AI capabilities for civil site design, including a design copilot, site layout optimizations, and automated drawing production that will drive new levels of productivity and accuracy.

Building on its success in applying AI-powered digital twins to asset maintenance—to detect and assess problems before failures occur—Bentley is bringing AI to the design phase of the infrastructure lifecycle to automate repetitive tasks, such as drawing production, so that engineers can focus on higher-value activities.

Putting AI into Action—Introducing OpenSite+

Bentley’s OpenSite+ is the first engineering application leveraging generative AI for civil site design. It helps engineers swiftly design residential, commercial, and industrial sites with AI tools, significantly boosting productivity and accuracy.

A digital twin-native product, built with Bentley’s iTwin platform, OpenSite+ delivers AI-powered efficiencies and better-quality designs with:

    Enhanced Design Experience with Copilot: Users can quickly create, revise, and interact with requirements documentation and 3D site models through natural language interactions—to automatically make real-time design changes with precision and ease.

    Layout Optimization: Users can enhance efficiency, reduce errors, and rework site designs in minutes with one-click earthwork optimization. Bentley’s AI-powered design layout agent can evaluate thousands of layout options and suggest alternative designs in real-time, helping users make better design decisions sooner, saving time and money.

    Automated Drawing Production: Users can reduce time spent on mundane drawing tasks, accelerating drawing production by up to 10 times, and improve drawing accuracy using AI-powered annotation, labeling, and sheeting that automatically places labels and dimensions according to organizational standards that are optimized for legibility and aesthetics.

    Smart Design Tools: Users can create and revise designs using intelligent, editable objects such as building pads, parking layouts, driveways, sidewalks, and ponds to complete projects in a fraction of time compared to traditional CAD software.

With OpenSite+, users also maintain control over their proprietary data during AI training, which creates a solid foundation to responsibly guide the development of AI models.

“By leveraging their past data to optimize future work, generative AI will revolutionize infrastructure design, improving engineers’ productivity and accuracy without sacrificing on quality,” said Mike Campbell, chief product officer at Bentley Systems. “OpenSite+ is just the first example of how Bentley is applying generative AI to benefit infrastructure design and project delivery.”

OpenSite+ early adopter, Joe Viscuso, senior vice president and director of Strategic Growth at Pennoni, commented, "OpenSite+ is a game-changer. By combining design and routine tasks into one powerful platform, it eliminates the need to switch between multiple programs. It streamlines our workflow, automates repetitive tasks, and ensures accuracy as we make changes in real-time. This means faster project completion with superior results, helping Pennoni stay ahead of the curve in both technology and innovation."

OpenSite+ is the first of a new generation of Bentley Open Applications which run on desktops for optimal responsiveness, while offering the benefits of cloud-based applications, such as automatic updates and cross-operating system availability. The iTwin-native architecture enables seamless collaboration and data-centric workflows. Data is saved directly in a digital twin, which in turn can include data from other sources to provide full context for design work.

Availability

North American site engineering firms can apply for early access.

# # #

About Bentley Systems

Bentley Systems (Nasdaq: BSY) is the infrastructure engineering software company. We provide innovative software to advance the world’s infrastructure – sustaining both the global economy and environment. Our industry-leading software solutions are used by professionals, and organizations of every size, for the design, construction, and operations of roads and bridges, rail and transit, water and wastewater, public works and utilities, buildings and campuses, mining, and industrial facilities. Our offerings, powered by the iTwin Platform for infrastructure digital twins, include MicroStation and Bentley Open applications for modeling and simulation, Seequent’s software for geoprofessionals, and Bentley Infrastructure Cloud encompassing ProjectWise for project delivery, SYNCHRO for construction management, and AssetWise for asset operations. Bentley Systems’ 5,200 colleagues generate annual revenues of more than $1 billion in 194 countries.

© 2024 Bentley Systems, Incorporated. Bentley, the Bentley logo, Bentley Open, iTwin, and OpenSite+ are either registered or unregistered trademarks or service marks of Bentley Systems, Incorporated or one of its direct or indirect wholly owned subsidiaries.

 

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For more information, contact:
Bentley Press: Chris Phillips, PR@news.bentley.com
Bentley Investors: Eric Boyer, ir@bentley.com

ExaGrid Named Finalist for the SDC Awards 2024

 ExaGrid Nominated in 6 Categories for 15th Edition of Premier IT Awards

 

(BUSINESS WIRE)--ExaGrid®, the industry’s only Tiered Backup Storage solution with Retention Time-Lock that includes a non-network-facing tier (creating a tiered air gap), delayed deletes and immutability for ransomware recovery, today announced that it has been nominated in six categories for the 15th annual Storage, Digitalisation and Cloud (SDC) Awards, which are focused on rewarding innovation and excellence in the IT industry as it evolves to meet the demands of today's rapidly evolving digital landscape.

The SDC Awards 2024 recognize the innovation, expertise, and success of the IT industry across a range of key disciplines, including awards for data protection and resilience within the storage and cybersecurity sectors.

Voting to determine the winner in each category is underway now and closes on November 1, 2024. Winners of the SDC Awards will be announced on November 28, 2024 at an awards ceremony in London.

The award categories that ExaGrid has been nominated for include:

• Backup/Archive Innovation of the Year
• Best Vendor Channel Program of the Year
• Cyber Resilience Innovation of the Year
• Excellence in Service Award
• Storage Company of the Year
• Storage Hardware Innovation of the Year

ExaGrid’s unique Tiered Backup Storage is the only storage solution built just for backup—to improve backup performance, restore performance, scalability as data grows, security, ransomware recovery, disaster recovery, and the economics of backup with low costs up front and over time.

ExaGrid continues to innovate its Tiered Backup Storage, and in the past year has announced its largest single scale-out system which allows for a full backup of 6PB, the largest in the industry with deduplication, and in a 2U form factor for better rack space efficiency, as well as new integrations with the leading backup applications.

“We are honored that ExaGrid has become a finalist in six award categories, as they highlight to the different areas of our company that set us apart as the industry’s only Tiered Backup Storage provider, from our commitment to providing comprehensive security, to our industry-leading customer support, and our innovative Reseller Partner Program in the channel,” said Bill Andrews, ExaGrid’s President and CEO. “We are pleased to be nominated for this year’s SDC Awards, and look forward to seeing which companies, services, and products will be chosen by the voters.”

About ExaGrid

ExaGrid provides Tiered Backup Storage with a unique disk-cache Landing Zone, long-term retention repository, scale-out architecture, and comprehensive security features. ExaGrid’s Landing Zone provides for the fastest backups, restores, and instant VM recoveries. The Repository Tier offers the lowest cost for long-term retention. ExaGrid’s scale-out architecture includes full appliances and ensures a fixed-length backup window as data grows, eliminating expensive forklift upgrades and planned product obsolescence. ExaGrid offers the only two-tiered backup storage approach with a non-network-facing tier (tiered air gap), delayed deletes, and immutable objects to recover from ransomware attacks.

ExaGrid has physical sales and pre-sales systems engineers in the following countries: Argentina, Australia, Benelux, Brazil, Canada, Chile, CIS, Colombia, Czech Republic, France, Germany, Hong Kong, India, Israel, Italy, Japan, Mexico, Nordics, Poland, Portugal, Qatar, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Turkey, United Arab Emirates, United Kingdom, United States, and other regions.

Visit us at exagrid.com or connect with us on LinkedIn. See what our customers have to say about their own ExaGrid experiences and learn why they now spend significantly less time on backup storage in our customer success stories. ExaGrid is proud of our +81 NPS score!

ExaGrid is a registered trademark of ExaGrid Systems, Inc. All other trademarks are the property of their respective holders.

 

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Contacts

Media:
Mary Domenichelli
ExaGrid
mdomenichelli@exagrid.com

SES and Sky Extend Long-Standing Partnership in UK and Ireland

 Multi-year contract renewal extends satellite delivery for Sky Q channels

 

(BUSINESS WIRE)--SES announced today that it has extended its long-standing partnership with Sky through a multi-year contract renewal for satellite capacity and back-up services from SES’s prime video neighbourhood of 28.2/28.5 degrees East. This renewal builds on the companies' previous agreements.

Under the agreement, SES will continue providing capacity to enable Sky to deliver satellite channel offerings to Sky Q subscribers across the United Kingdom and Republic of Ireland. SES will extend the capacity for multiple transponders, with expiration dates through 2029. This new agreement also extends SES's back-up services contract with Sky until the end of 2027.

"We’re pleased to continue our long-standing collaboration with SES, reinforcing our commitment to providing the best viewing experience to all customers – whether they’re watching on our much-loved Sky Q satellite platform, or over our IP products, Glass and Stream,” said Nick Herm, Chief Business Officer at Sky. “This contract renewal provides us with the reliability we need to continue to deliver our market-leading TV offer and broad mix of channels to Sky Q customers across the UK and Ireland."

"This important contract renewal with Sky reflects our ongoing commitment to deliver the highest levels of performance, service reliability and reach to our customers," said Norbert Hölzle, Global Head of Media at SES. "As one of Europe's leading media and entertainment companies, Sky trusts our satellite network to provide its viewers with a premium TV experience. This extension underscores the value satellites continue to deliver in the evolving media landscape to broadcasters and audiences alike.”

SES’s satellites at the 28.2/28.5 degrees East orbital position deliver a wide range of channels to more than 17 million TV households in UK and Ireland.

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About SES

SES has a bold vision to deliver amazing experiences everywhere on Earth by distributing the highest quality video content and providing seamless data connectivity services around the world. As a provider of global content and connectivity solutions, SES owns and operates a geosynchronous orbit fleet and medium earth orbit (GEO-MEO) constellation of satellites, offering a combination of global coverage and high performance services. By using its intelligent, cloud-enabled network, SES delivers high-quality connectivity solutions anywhere on land, at sea or in the air, and is a trusted partner to telecommunications companies, mobile network operators, governments, connectivity and cloud service providers, broadcasters, video platform operators and content owners around the world. The company is headquartered in Luxembourg and listed on Paris and Luxembourg stock exchanges (Ticker: SESG). Further information is available at: www.ses.com

About Sky

Sky is one of Europe’s leading media and entertainment companies and is part of Comcast Corporation, a global media and technology company that connects people to moments and experiences that matter. At Sky we Believe in Better. It’s in our DNA.

We’re famous for innovation. We offer the world’s smartest TV, Sky Glass; our plug and play streaming puck, Sky Stream; the best aggregation platform, Sky Q; and streaming services NOW and WOW. We provide connectivity you can count on in mobile, fast, secure, reliable residential and business broadband, as well as smart home protection through Sky Protect.

We’re Europe’s premium content producer. We create award-winning original content, produce the biggest live sporting events, and we provide free access to news and the arts. Our new state-of-the-art film and TV studio Sky Studios Elstree is projected to attract £3 billion of new production investment to the UK in its first five years and create up to 2,000 jobs.

We are a diverse and inclusive employer that has a positive impact on society and the communities that we work and live in. Sky plays a major role in the UK’s cultural economy and, in 2022 alone, supported a contribution of £20 billion to UK GDP, broadcast 70,000 hours of elite sports coverage and invested over £130 million to provide news to consumers free of charge.

 

View source version on businesswire.com: https://www.businesswire.com/news/home/20241009635367/en/

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Contacts

Suzanne Ong
Communications
Tel. +352 710 725 500
suzanne.ong@ses.com