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Alfa Laval has signed a global collaboration agreement with Microsoft to develop a suite of innovative digital tools for facilitating service and maintenance of Alfa Laval plate heat exchangers. By using data intelligence and AI, the services will enable customers to assess the need for service through digital interaction Alfa Laval.

Also Read: Alfa Laval takes the next step in ground-breaking material research at Max IV synchrotron radiation facility

The tools combine Alfa Laval’s extensive service know-how with Microsoft’s software, data and AI expertise and will enable customers to make self-assessments to determine if and what services are needed. The service will also give sustainability advantages, as estimates show that up to 2.5 percent of the world’s CO2 emissions could be prevented if heat exchangers currently installed in industrial processes were simply cleaned and maintained properly.

“With this agreement we are able to create unique customer value with high availability. We can ensure that our heat exchangers are working optimally and maximize customer uptime, which is beneficial for both customers and the environment,” says Thomas Møller, President of the Energy Division.

Did you know… If properly serviced and maintained, an Alfa Laval plate heat exchanger can run for more than 20 years in an industrial process.

This is Alfa Laval

Alfa Laval is a world leader in heat transfer, centrifugal separation and fluid handling, and is active in the areas of Energy, Marine, and Food & Water, offering its expertise, products, and service to a wide range of industries in some 100 countries. The company is committed to optimizing processes, creating responsible growth, and driving progress to support customers in achieving their business goals and sustainability targets.

Alfa Laval’s innovative technologies are dedicated to purifying, refining, and reusing materials, promoting more responsible use of natural resources. They contribute to improved energy efficiency and heat recovery, better water treatment, and reduced emissions. Thereby, Alfa Laval is not only accelerating success for its customers, but also for people and the planet. Making the world better, every day.

Dubber and Optus to Launch Mobile Voice Recording for Enterprise Services

Mobile Tech

ondot

December 14, 2021

Dubber and Optus to Launch Mobile Voice Recording for Enterprise Services

Dubber Corporation Limited (Dubber) is pleased to announce that its Unified Call Recording and Voice AI platform is launching on the Optus mobile network.

Also Read: Insite360 Selects Eseye For Connectivity Solutions

Delivered as Optus Mobile Voice Recording and AI – powered by Dubber, the product represents an Australian first with Dubber Unified Call recording and AI available as a native feature of the Optus mobile network. As a result, enterprise customers on Optus now have access to a cost-effective and complete recording and conversational insights solution across virtually any form of communication.

Announcement highlights:

An industry-leader in secure and scalable recording and conversational intelligence provisioned instantly as a scalable SaaS service, with no capital or services expenditure.
Allows enterprise and government users to securely record all mobile calls for compliance, customer, people and revenue intelligence.
AI insights including real-time sentiment analysis, transcriptions, and alerts for every call
Seamless integration with CRM solutions like Saleforce.com and compliance platforms
Optus enterprise customers will be able to access all call recordings, transcripts, instant sentiment data and search in real-time from their phone or browser with a click.

In addition, businesses with surveillance, internal policy and broader compliance requirements will now be able to capture mobile conversations, securely recording, storing and reporting on conversations for proactive compliance management.

Zorawar Singh, Head of Core Product, Optus Enterprise
“Through our strategic partnership with Dubber we can now boost our customers’ productivity, visibility, and effectiveness. Optus’ Australian first native integration of Dubber into our mobile network allows participating enterprise customers the ability to unlock the power of conversational AI to push the frontier of how they care for customers, train and coach employees, resolve disputes and meet crucial compliance mandates.”

Steve McGovern, CEO, Dubber
“With Dubber at the heart of one of Australia’s largest and most critical mobile networks, we are making the native recording available with AI on every participating phone. Optus is expanding its leadership in connecting Australian businesses to their employees and customers and this now includes the ability to try AI based enrichment of conversations with insights, automated workflows, and more. A conversation on Optus’ network is now worth more to a customer through the ability to capture and reveal insights from that conversation alongside others from other Optus services.

H2O.ai Announces H2O Document AI to Automate Document Processing

ondot

December 12, 2021

Leading AI cloud provider H2O.ai, announced the general availability of H2O Document AI, a machine learning service that understands, processes, and manages the large volume and types of documents and unstructured text data that businesses and organizations handle every day. H2O Document AI streamlines processes, reduces costs, and discovers new information and insights contained in documents. H2O Document AI “learns as it goes,” continuously improving processing accuracy using H2O.ai’s latest innovations in machine learning and deep learning to achieve automation across business verticals and use cases not previously possible.

Also Read: Secure Thingz and System General partner to deliver secure programming and provisioning at scale

Core business processes in digital world rely on documents and unstructured or semi-structured data that contain valuable information critical to business operations. The definition of a ‘document’ continues to expand, and includes PDFs, emails, scans, images, paper and web forms, faxes and e-faxes, chats from chatbots, free-form text, and more. 80% of enterprise data is unstructured or in a format that is not machine-readable or readily available. However, traditional AI document processing solutions use Optical Character Recognition (OCR) or Robotic Process Automation (RPA), which are limited by rules-based and template-driven constraints.

Additionally, the OCR and RPA solutions have limited capabilities to self-learn. Not surprisingly, the results from these existing document processing solutions are often lackluster. Without other options, some organizations make do with sub-optimal products/solutions that don’t scale and increase inefficiencies.

Other organizations have not adopted any automation and rely on people to review, process, and act on documents. The manual labor required to process documents is tedious, can be error-prone, and keeps workers from doing more meaningful, impactful, and enjoyable work. In either scenario, using existing automation or no automation, handling documents is expensive and time-consuming—companies spend an average of $20 to file and store a single document, employees spend up to 50% of their time searching for information and can take, on average, 18 minutes to locate a single document.

Intel Announces Intent to Take Mobileye Public

B2B Tech

ondot

December 12, 2021

With the full support of Intel’s board of directors, Intel today announced its intention to take Mobileye public in the United States in mid-2022 via an initial public offering (IPO) of newly issued Mobileye stock. The move will unlock the value of Mobileye for Intel shareholders by creating a separate publicly traded company and will build on Mobileye’s successful track record and serve its expanded market.

Also Read: THOR Industries Acquires Elkhart Composites, Inc., Maker Of Elkboard Polypropylene-Based Composite Materials For The RV Industry

Intel will remain the majority owner of Mobileye, and the two companies will continue as strategic partners, collaborating on projects as they pursue the growth of computing in the automotive sector. The share of semiconductors is expected to be 20% of a premium vehicle’s total bill-of-materials (BOM) by 20301. The Mobileye executive team will remain, with Prof. Amnon Shashua continuing as the company’s CEO. Recently acquired Moovit as well as Intel teams working on lidar and radar development and other Mobileye projects will be aligned as part of Mobileye.

In the four years since Mobileye was acquired by Intel, Mobileye has experienced substantial revenue growth, achieved numerous technical innovations and made significant investments directed to solving the most difficult scientific and technology problems to prepare the deployment of autonomous driving at scale.

“Intel’s acquisition of Mobileye has been a great success. Mobileye has achieved record revenue year-over-year with 2021 gains expected to be more than 40 percent higher than 2020, highlighting the powerful benefits to both companies of our ongoing partnership,” Intel CEO Pat Gelsinger said. “Amnon and I determined that an IPO provides the best opportunity to build on Mobileye’s track record for innovation and unlock value for shareholders.”

Mobileye is a global leader and at the forefront of innovation in advanced driver-assistance systems (ADAS) and self-driving solutions – a rapidly growing and evolving market that is transforming the movement of goods and people globally.

mParticle Announces Expansion into Asia Pacific and Japan

ondot

December 9, 2021

mParticle, the largest independent Customer Data Platform, today announced its expansion into Asia Pacific and Japan.The company’s presence in the region is headquartered in Sydney, Australia and led by Kris Fagan, Vice President – Asia Pacific & Japan.

Also Read: Announcing Blotout EdgeTag: Fix your Facebook Pixels in 2 min

Many of the world’s leading brands chose mParticle to simplify their data infrastructure and drive growth. mParticle has already been adopted by several brands across Asia Pacific including:

One of the world’s largest electronics manufacturers
A retail powerhouse
A worldwide fast food restaurant chain
An Australian an eCommerce startup
A fast growing pet insurer
Two of Australia’s leading hospitality brands
A high profile Australian entertainment company
The company will build on this early momentum by serving customers throughout Australia, New Zealand, Singapore, Philippines, Thailand, Indonesia, Malaysia, Japan and South Korea.

Companies in the Retail, Financial Services, Media, QSR and Dining, Travel and Gaming markets rely on mParticle to improve data quality, manage regulatory compliance, and deliver high quality customer experiences. mParticle integrates with other leading technologies such as Braze, Amplitude, Snowflake, Amazon Redshift, Salesforce Marketing Cloud, Adobe Marketing Cloud and more to help top brands do more with their data.

“The Asia Pacific market is home to some of the world’s most well recognized and innovative brands at the forefront of their industries,” said Kris Fagan, mParticle’s Vice President of Asia Pacific & Japan. “The best customer experience begins with the right data and mParticle brings a strong pedigree in helping brands collect and manage customer data. We’re eager to help brands in this region deliver the personalized experiences consumers expect across all channels with a proven approach to customer data infrastructure.”

About mParticle
mParticle makes it easy to holistically manage customer data along the entire product and customer lifecycle. Teams across companies like Starbucks, NBCUniversal, Spotify and Airbnb use mParticle to deliver great customer experiences and accelerate growth by solving the foundational challenges that impede success at scale.

Algonomy unlocks the power of social cues to algorithmically aid shopper decisions in Winter ’21 Release

Social Media Technology

ondot

December 9, 2021

Algonomy unlocks the power of social cues to algorithmically aid shopper decisions in Winter ’21 Release

Algonomy, a leader in Algorithmic Decisioning, announced the Winter ’21 Release of their platform that features several new and advanced uses of AI in real-time customer engagement. One of the main highlights of the release is Social Proofing, the ability to algorithmically build credibility and aid consumer decisions using social approval.

Also Read: Fourth generation Memory Development Platform software enables design productivity of embedded SRAM designers in Advanced process nodes

Sarath Jarugula, Chief Product Officer at Algonomy said, “The Winter ’21 Release extends our core focus on algorithmic decisioning to additional areas of marketing and commerce lifecycle. Our new capabilities are self-serve, enterprise grade, and proven with early adopter customers realizing breakthrough results from these technologies.”

Social Proof Messaging – With an expanding range of catalogs, assortments and products to choose from, digital consumers face a high degree of decision fatigue. To cut through the clutter, it’s helpful to indicate which products have the confidence of other shoppers. Social Proof offers a way to create trust, urgency or credibility during the shopping journey. Social Proof messaging content is algorithmically optimized in real time to show a variety of tactics like popularity – product views, purchases, add-to-carts, or urgency – such as low stock levels. The product is enterprise grade, real-time and self-serve for marketers, not requiring any developer support for set up.

Hyperlocal Search & Recommendations – Retailers often want to prioritize products that are closest to the shopper to ensure efficient delivery or pick-up to improve the omnichannel experience. Algonomy Find™ now offers geo-search capabilities, to surface products or services that are within a zip code or within a shopper’s geo coordinates. Brands that offer location based offerings can run personalization algorithms on such location filtered results. Hyper-localized search is now available for early adopters, and complements the existing hyper-localized product recommendation capabilities in Algonomy Recommend™.

Tivity Health to Partner with Leading Digital and In-Person Social Engagement Platform, Stitch to Provide Social Connection for Older Adults

Social Media Technology

ondot

December 9, 2021

Tivity Health® Inc. , a leading provider of health improvement solutions, including SilverSneakers®, the nation’s leading community fitness program for older adults, has secured an exclusive agreement with Stitch, a social engagement platform where older adults can connect, both virtually and in person, to help foster social connection and create meaningful relationships. Stitch will be available to eligible SilverSneakers members in participating health plans in January 2022.

Also Read: LiquidX Launches Digital Distribution of Trade Finance Assets

Stitch is a virtual community for individuals 50+, with more than 154,000 participants worldwide and over 91,000 participants in the U.S. Along with in-person community events, Stitch offers members virtual opportunities to participate in a wide variety of activities and connect with other Stitch members who share their interests. Members can join member-led activities such as book clubs, trivia, crafting and more.

“Social isolation and loneliness were recognized as a public health issue for seniors even before the pandemic and it has only worsened over the past 18 months,” said Richard Ashworth, president and CEO, Tivity Health. “We know that when seniors engage in a variety of activities, including physical fitness and social opportunities, their overall health and well-being improve. With this exclusive Stitch agreement, we believe we can reach more members, helping them connect with social activities, friends, and programming that interests them, and providing a community-based network to mitigate social isolation and loneliness.”

With Stitch, SilverSneakers can better support Medicare Advantage members in participating health plans with experiences beyond physical fitness to improve their health and to connect in-person or virtually with other seniors, including friends they may typically see at their local fitness centers.

“The COVID-19 crisis has overwhelmed and impacted all of us. It also illustrates the importance and value of social connections,” said Andrew Dowling, founder and CEO of Stitch. “Stitch encourages friendships and connections with unique community programming focused on shared interests, as members are empowered to create and organize events around their interests. Supporting SilverSneakers members will allow us to grow our network to further build in-person and virtual relationships to support the health and quality of life of our community.”

Display Social and Entrobox form Strategic Partnership

Social Media Technology

ondot

December 9, 2021

Display Social and Entrobox form Strategic Partnership

Display Social, Inc., the social media ecommerce platform known as the “social that pays”, and EntroBox, the premiere entertainment, boxing and sports industry company, announced the formation of a robust strategic partnership. Display and EntroBox will work together to bring entertainment, sporting events, teams, and commercial brands to Display’s social and metaverse platform. The two companies will also work to curate and distribute EntroBox’s live boxing events and shoulder programming across a variety of unique channels.

Also Read: Announcing Blotout EdgeTag: Fix your Facebook Pixels in 2 min

Set to kick off in the coming weeks, the partnership will feature multiple activations including the creation of social content campaigns designed to drive users to the Display Social platform. In addition, the two will collaborate on regular Pay Per View boxing events, featuring a premium line-up of fighters, commencing in January 2022.

“I’ve seen my industry change over the years and how it participates with social platforms and content creation,” says EntroBox CEO and GBO Heavyweight Champion Ron Johnson. “Display is the first one that has a knock-out punch and is poised to be the top performer.”

EntroBox President James Wilent adds “We are excited to announce this partnership with Display. Our beliefs and strengths are uniquely aligned, as we share the same mission in providing a pathway for premium content creation and user experiences while unleashing the value for all on day one. The metaverse is the future of the sporting industry that will allow industry participants – including corporations, brands, teams, and athletes – to connect to fans in ways never experienced before. The Display platform will change and lead the industry.”

“EntroBox is not only a premiere boxing company, they are a dominant force in the world of entertainment today,” says John Acunto, co-founder and CEO of Display. “The sky’s the limit for the work we can and will do together – we’re ready to rumble!”

LiquidX Launches Digital Distribution of Trade Finance Assets

ondot

December 9, 2021

LiquidX, the global fintech solutions provider for working capital, trade finance, and insurance, announced the launch of automated digital distribution technology for trade finance assets. With this launch, banks and asset managers now have a fully digital solution for programmatic, automated origination and distribution of trade finance assets, allowing them to scale, improve returns, and generate costs savings for their trade finance businesses.

Also Read: Dynasty Financial Partners & MarketCounsel Announce Strategic Partnership with SmartRIA

Trade finance asset distribution allows banks, asset managers, and other trade finance funders to balance portfolios to meet capital requirements and manage concentration risk, earn returns on assets, and free up liquidity to further support customers. For banks seeking to deploy balance sheet, purchasing trade finance assets is an attractive means of generating new income sources and positive returns.

According to estimates, $400-$500 billion of bank-intermediated trade finance is distributed annually, predominantly through inefficient, paper-based processes. According to the International Chamber of Commerce (ICC), upwards of four billion documents are moving across the trade ecosystem at any given time, and the lack of digitization slows trade and hampers growth.

With LiquidX, banks and asset managers can initiate single-click trading with their investor networks under existing agreements or to the LiquidX network of over 50 funders using the platform’s built-in legal infrastructure. This enables banks and asset managers to increase their trade finance volumes while eliminating manual processes that are a source of delay, inefficiency, fraud risk, and error.

“The ICC estimates that trade across the G7 could increase by $9 trillion in the next five years with digitization,” said Jim Toffey, CEO of LiquidX. “We are building the complete digital ecosystem that will allow trade to flourish and flow without manual impediments. Now banks and asset managers can originate, distribute, seamlessly access trade credit insurance, and generate better business intelligence – all on the LiquidX platform.”

LiquidX is a leading global technology company that enables finance professionals to transact faster, smarter, and cheaper by digitizing and automating their trade finance and working capital management. Headquartered in New York with offices in Boston, London, and Singapore, LiquidX delivers the industry-leading ecosystem for working capital optimization to its diverse network of global participants including corporations, banks, institutional investors, and insurance providers. LiquidX incorporates blockchain technology and machine learning analytics to greatly enhance transparency, reporting, and forecasting across financial ecosystems.

Zscaler Extends its Proven Zero Trust Exchange Platform to Deliver Zero Trust for Workloads

ondot

December 9, 2021

Zscaler, Inc., a leader in cloud security, announced the general availability of its new Workload Communications solution, part of the Zscaler Zero Trust Exchange™, which extends Zero Trust security to workloads and applications hosted in public clouds. Zscaler’s cloud-native platform eliminates attack surfaces, prevents lateral threat movement, inhibits compromise of workloads, and stops data loss. It also helps IT teams simplify multi-cloud workload connectivity by moving away from traditional IP-based routing and VPNs between cloud environments to expedite enterprises’ cloud transformation initiatives.

Also Read: Dover Fueling Solutions Collaborates with ACI Worldwide on Data Security Offering for Increased Fuel Pump Security

With the deployment of enterprise workloads in multiple regions and cloud providers, legacy mesh networks are becoming costly, hard to implement, scale, and manage. Attempts by legacy vendors to adapt antiquated, castle-and-moat VPN and firewall architectures to the public cloud have allowed an unprecedented number of cybersecurity attacks, in addition to networking and application performance challenges for enterprises. As a result, organizations must rethink their approach to securing and connecting cloud-based applications and consider adopting new architecture able to simplify multi-cloud connectivity, elevate application performance, and provide comprehensive protection. Recent findings from the Zscaler ThreatLabZ research team underscore these challenges and outline the growing threat from unsecured workloads in the cloud and the need for inspection of all content including encrypted traffic.

To meet these needs, Zscaler has extended its Zero Trust Exchange to deliver the industry’s first Zero Trust for cloud workloads solution that secures cloud-to-internet, cloud-to-cloud, cloud-to-data center, and intra-cloud communications. Acting as an intelligent switchboard, traffic is routed to the Zscaler platform where connections are brokered using business policies based on identity and context to connect workloads directly to other workloads, without accessing the corporate network. Zscaler’s approach eliminates the attack surface by making workloads invisible to the internet, simplifies application connectivity by removing networking bottlenecks, and delivers superior application performance by reducing app-to-app latency. Collaborating with major cloud providers, such as Amazon Web Service (AWS), Zscaler delivers a network-agnostic Zero Trust fabric to secure cloud workloads and accelerate migration to the cloud.

UrbanObserver

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