Artificial Intelligence
Iris Energy commits to an enduring relationship with First Nations at Canal Flats
Vancouver, BC, July 21, 2021 (GLOBE NEWSWIRE) — Iris Energy and one of its strategic shareholders, BC businessperson Brian Fehr, have collaborated to create a high-tech bitcoin and data centre operation out of an old lumber mill in Canal Flats.
Today, Iris Energy announced that it will contribute $500,000 to four Ktunaxa First Nations communities as part of its commitment to the Canal Flats region. The contribution will be divided equally amongst the Akisqnuk, Yaq̓it ʔa·knuqⱡi ‘it, ?aq’am, and Yaqan Nukiy. Iris Energy will make this an annual contribution subject to the continuing and profitable operation of its 30MW data centre at Canal Flats, and will work with the First Nations to deepen the relationship in a number of areas, including employment opportunities.
Iris Energy’s operations are powered by hydroelectricity previously used by the lumber mill in Canal Flats. Iris Energy’s use of this power provides much needed stability to the energy grid and ensures ongoing job opportunities and economic support.
“Iris Energy’s vision is to create sustainable data centre operations in partnership with rural communities facing economic uncertainty, creating new jobs and partnering with First Nations on whose traditional homelands we operate,” says Jason Conroy, CEO of Iris Energy.
“Iris Energy has helped to facilitate Brian Fehr’s vision of retooling shuttered rural BC mills and other dormant industrial sites into new operations – creating jobs and economic stimulus in local communities.”
“Our bitcoin mining operation in Canal Flats is just the start. Together with Brian, we are working to identify more sites, and support more rural BC communities which are adapting to new energy uses and industries.”
Eighteen months ago, Iris Energy purchased a large portion of the Columbia Lake Technology Centre (CLTC) site, a new business centre the Brian Fehr Group was creating on an un-used mill site in Canal Flats. Iris Energy built a data centre on the site and is expanding its capacity to 30MW, creating local jobs and opportunities.
The Brian Fehr Group purchased the former Canfor mill site in Canal Flats in 2018 to create CLTC. With a direct fibre optic data connection and access to ample hydroelectricity, the site was recreated as a rural business hub now housing several high-tech and value-added businesses supporting dozens of local jobs. The Group is planning to pursue several similar projects in the coming months – purchasing shuttered rural BC ‘brownfield’ sites and remaking them into something new that creates good local jobs and prosperity. Read more about CLTC here.
“What we do at each site will vary with the local conditions, but the focus of each will be taking a large, currently-unused industrial site and remaking it into a vibrant centre of local business in the new economy,” Brian Fehr says. “As we have in Canal Flats, we will be looking for partners and tenants who share our vision of dynamic, modern rural BC communities where people can raise a family with a good job, where local First Nations are engaged, and we are addressing today’s environmental challenges with sustainable technology.”
“Iris Energy is a clean, green company focused on the future and improving the economy of rural communities,” Fehr added. “Supporting their entry into BC with the Canal Flats project is a natural for me.”
About Iris Energy
Iris Energy is a sustainable Bitcoin miner that owns and operates real assets, including data centre infrastructure, powered by renewable energy. In doing so, we are supporting local communities, the decarbonisation of energy markets and the global Bitcoin network.
We provide an institutional-grade and sustainable investment exposure to Bitcoin mining, and we are poised to monetise the global digitisation and electrification transition. We are also partnering with Governments and local communities to bring much needed energy demand to Western markets facing declining industrial loads. Our operations are naturally geographically flexible and offer dynamic load management to support the ongoing penetration of intermittent renewables, as well as the (re)introduction of local employment and economic activity to regional areas.
Our Bitcoin mining data centre project in British Columbia, Canada, is expanding to 30MW (0.7EH/s) this year and 180MW (4.5EH/s) across multiple sites in 2022, making Iris Energy one of the largest Bitcoin miners in the world. Please visit us at www.irisenergy.co
About Brian Fehr
Born and raised in Vanderhoof, Brian Fehr built the billion-dollar BID Group, which now employs about 1,800 people across BC and North America providing advanced wood product industry technology. Committed to advancing resource sector technology, BID Group has developed biomass energy systems using wood waste to create sustainable energy, as well as wood milling systems powered by artificial intelligence to cut logs in a single pass and maximize the amount of usable lumber from each log. Fehr received the Order of BC in 2018 in recognition for his contributions to rural communities and the sustainability and safety of the forest industries.
About Brian Fehr Group
The Brian Fehr Group brings together a group of companies based in Western Canada and the U.S., focused on supporting growth and sustainability in the natural resource and infrastructure sectors. The Brian Fehr Group is committed to excellence through recruiting and retaining the best leadership, and to building industry to provide jobs that support rural economies and deepen Indigenous relations. The Brian Fehr Group of companies includes:
Peak Renewables
Peak Renewables develops sustainably sourced forest and renewable energy products. In partnership with local First Nations, Peak Renewables creates opportunities for rural economic and social prosperity based on innovation and sustainable forest practices. Read more here.
Smartlam North America
Smartlam NA takes pride in the manufacturing of cross laminated timber (CLT) and glulam, products of significance in sustainable construction and green building certification. Smartlam NA provides full-service mass timber structures across the U.S. through facilities in Alabama and Montana. Read more here.
Formula
For more than forty years, the Formula Group of companies has delivered industry-leading technical expertise, cost control, and unparalleled customer service with six overriding corporate objectives: Safety, Environment, Culture, Quality, Schedule, and Cost. The core business of Formula is to provide clients turnkey, heavy industrial builds, concept to completion within the mining, energy, and infrastructure sectors. Read more here.
Heartland Steel
Heartland Steel Structures in Prince George employs a high-quality team of detailers and engineers to provide customers with carefully designed steel products. For over 27 years, Heartland Steel has focused on excellence in the design, delivery and installation of new buildings and building renovations across Northern British Columbia. Read more here.
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Artificial Intelligence
KMS Lighthouse and lastminute.com Triumph with a Double Win at the Global Sourcing Association (GSA) 2024 Awards
TEL AVIV, Israel, June 17, 2024 /PRNewswire/ — KMS Lighthouse, a global leader in knowledge management, is proud to announce its remarkable achievement of winning two prestigious awards with lastminute.com at the Global Sourcing Association (GSA) 2024 Awards. The brands were honored in the following categories:
Retail Programme of the Year: lastminute.com and KMS Lighthouse LimitedTechnology Enabled Programme of the Year (Automation/AI): lastminute.com and KMS Lighthouse LimitedKMS Lighthouse was also a finalist in the Service Provider of the Year category.
The awards were presented on June 11, 2024, at a glittering ceremony held at Richmond Hill Hotel, as part of the GSA Festival of Sourcing. Celebrating its 21st year, the GSA Awards recognize organizations that demonstrate exceptional best practices in strategic sourcing.
Sagi Eliyahu, CEO of KMS Lighthouse Limited commented “We are absolutely delighted to have won these two esteemed awards. This recognition underscores the tireless dedication and innovation of our teams in delivering exceptional knowledge management solutions to our clients. I would like to extend my heartfelt gratitude to our partners at lastminute.com. The synergy and true partnership we have formed exemplify the collaborative spirit needed to drive outstanding results.”
“We are thrilled to celebrate these award wins with KMS Lighthouse,” said Walter Di Lello, Knowledge Manager & Procedure Team Leader at lastminute.com. “This achievement is a testament to the hard work and dedication of both our teams. The collaborative partnership approach we have fostered with KMS Lighthouse has been pivotal in delivering innovative and impactful solutions. Thank you to everyone involved for their relentless commitment and excellence.”
This double accolade highlights KMS Lighthouse’s unwavering commitment to excellence, innovation, and effective collaboration. The successful partnership with lastminute.com has not only enhanced the retail sector’s capabilities but also set new standards in automation and AI-driven solutions.
About KMS Lighthouse:
KMS Lighthouse is a global leader in knowledge management solutions, providing innovative platforms that enhance organizational knowledge sharing and decision-making. Through advanced AI and automation technologies, KMS Lighthouse enables businesses to improve customer service, streamline operations, and achieve higher efficiency.
About lastminute.com
lastminute.com is the European Travel-Tech leader in Dynamic Holiday Packages. Our mission is to simplify, personalise, and enhance our customers’ travel experience by leveraging technology. Thanks to the iconic brand lastminute.com and a rich portfolio of vertical brands, we meet the most diverse needs of travellers across the entire holiday experience. As one of the few fully licensed European tour operators, we offer unlimited real-time travel combinations thanks to our proprietary Dynamic Holiday Packaging engine, providing additional customer protection and exclusive deals. lastminute.com N.V. is a publicly traded company listed under the ticker symbol, LMN on the SIX Swiss Exchange.
Media Contact:KMS Lighthouse [email protected] [email protected]://www.linkedin.com/company/kms-lighthouse/https://kmslh.com/
View original content:https://www.prnewswire.co.uk/news-releases/kms-lighthouse-and-lastminutecom-triumph-with-a-double-win-at-the-global-sourcing-association-gsa-2024-awards-302174249.html
Artificial Intelligence
CluePoints Continues ‘Turning Artificial Intelligence into Human Intelligence’ by Launching Two New Innovations
Site Profile & Oversight Tool (SPOT) and Intelligent Medical Coding (IMC) unveiled by RBQM innovator at DIA Global Annual Meeting 2024
KING OF PRUSSIA, Pa., June 17, 2024 /PRNewswire/ — CluePoints, provider of leading statistical and AI-driven software solutions, will unveil two of its latest advanced, deep learning technology innovations at the DIA Global Annual Meeting 2024. Both solutions deliver groundbreaking enterprise platform transformations providing Sponsors and CROs with a smarter way to conduct clinical research and detect and manage risks that could impact clinical trial outcomes.
Taking RBQM to a new level, CluePoints’ Site Profile & Oversight Tool (SPOT) delivers adaptive site monitoring, enabling teams to swiftly pinpoint anomalies and translate insights into strategies and actions. Sponsors and CROs can improve their ability to evaluate the performance of clinical trial sites and adjust site visit plans more effectively and efficiently while accurately balancing risk and resource workload.
Further streamlining processes, CluePoints’ Intelligent Medical Coding solution harnesses advanced deep learning technology to enhance the accuracy and efficiency of coding in clinical trials. It seamlessly integrates with existing systems to offer precise, AI-generated coding suggestions, drastically reducing the need for manual dictionary searches and costly coding reviews, freeing up valuable resources and ensuring uniformity across all coded data.
Andy Cooper, CEO of CluePoints, said: “DIA offers the perfect opportunity to share with the industry our latest disruptive and innovative solutions that address key challenges within traditional clinical research methods. Unveiling two new products that leverage next generation AI will transform how CluePoints is viewed in the industry, as we enhance our enterprise-wide solutions to reach new levels of accuracy and efficiency to both improve clinical trial performance and deliver greater insights to further mitigate risk. Our early adopters are already raving about how valuable they are finding both product offerings and we are excited to showcase how they will shape future processes and embody our brand promise to ‘turn artificial intelligence into human intelligence.”
With over 9,500 users engaged with CluePoints’ enterprise platform, to date over 1,600 studies have been de-risked and over 142,000 issues detected.
Visitors to the CluePoints’ DIA Global exhibition booth #1301 will have the opportunity to meet with subject matter experts and see demonstrations of both new platform solutions.
CluePoints also invites DIA attendees to join them at 3pm on Tuesday, June 18th, for a special toast at their booth to celebrate the latest innovations.
To learn more about CluePoints’ award-winning solutions, please visit www.cluepoints.com.
About CluePoints
CluePoints is the premier Risk-Based Quality Management (RBQM) and Data Quality Oversight Software provider. We are leveraging the potential of artificial intelligence using advanced statistics and machine learning to determine the quality, accuracy, and integrity of clinical trial data both during and after study conduct. Aligned with guidance from the FDA, EMA, and ICH E6 (R2), CluePoints is deployed to support central and on-site monitoring, medical review, quality risk management and to drive a holistic Risk-Based strategy in all trials. Coupled with thought leadership and consulting expertise to aid pre-study risk assessment, identification of risk controls and solution implementation, you now have everything you need to adhere with global regulatory guidance. The result is positive clinical development outcomes, increased operational efficiency, lower costs and reduced regulatory submission risk as part of the industry paradigm shift to RBQM.
View original content:https://www.prnewswire.co.uk/news-releases/cluepoints-continues-turning-artificial-intelligence-into-human-intelligence-by-launching-two-new-innovations-302174137.html
Artificial Intelligence
ComplyCube Launches Trust Center with the Most Complete Compliance Posture in the Market
LONDON, June 17, 2024 /PRNewswire/ — ComplyCube, a RegTech100 global leader in identity verification and compliance solutions, proudly announces the launch of its comprehensive Trust Center. This new initiative emphasizes ComplyCube’s unrivaled compliance posture, redefining security and privacy for IDV, KYC, and AML platforms. With over fifty continuously monitored controls, the AI-powered SaaS leads the way in ensuring clients stay ahead of international regulations and standards.
The Trust Center provides real-time updates on security measures, compliance statuses, and operational transparency, empowering clients to meet regulatory requirements confidently and allowing them to view ComplyCube’s compliance posture on demand. This platform is engineered to enhance transparency, build trust, and streamline compliance processes for organizations worldwide.
ComplyCube unveils its unrivaled compliance posture, redefining security and privacy for IDV, KYC, and AML platforms. With over fifty continuously monitored controls, ComplyCube leads the way in ensuring clients stay ahead of international regulations and standards.
Key Features of the Trust Center:
Real-Time Compliance Dashboard: Live updates on compliance metrics and security statuses.Comprehensive Resource Hub: Access to essential documents, certifications, and regulatory guidelines.Incident Reporting and Tracking: Full transparency in reporting and monitoring security incidents.Tarek Nechma, CEO of ComplyCube, remarked, “The launch of the Trust Center marks a pivotal milestone in our mission to build trust at scale and deliver state-of-the-art compliance solutions. This platform will empower our clients to navigate the complexities of regulatory landscapes with confidence.”
Non-compliance costs are 2.71 times higher than the costs of maintaining or meeting compliance requirements. Another study indicates that companies with strong compliance programs can reduce incident costs by up to 30%. On top of this, 84% of businesses encounter compliance challenges that can lead to significant financial and reputational damage. ComplyCube’s Trust Center aims to further mitigate these risks by providing tools that help businesses maintain and improve their compliance posture.
Mohamed Alsalehi, CTO of ComplyCube, stated, “We design our systems to be compliant by design with the stringent laws and regulations. This proactive approach ensures our clients can meet and exceed compliance requirements effortlessly.”
Joshua Dent, Business & Partnerships Manager, added, “The Trust Center showcases ComplyCube’s adherence to a multitude of globally recognized standards and data protection regulations. Clients and partners can find answers to many of their data protection questions, view active controls, and request documents to fulfill due diligence. It’s fantastic to see this go live following our latest certifications, such as UK DIATF, ISO 9001, PAD Level 2, and ISO 27001:2022 upgrade.”
ComplyCube continues to set industry standards with its innovative solutions, and the Trust Center’s launch underscores its mission to support businesses in achieving compliance excellence.
For more information about the Trust Center, visit ComplyCube Trust Center.
About ComplyCubeComplyCube is a leading provider of identity verification and compliance solutions, helping organizations across various sectors secure their operations and meet regulatory requirements. With a focus on innovation and customer satisfaction, ComplyCube delivers reliable and efficient services that empower businesses to thrive in a complex regulatory environment.
About VantaVanta is a leading trust management platform that automates compliance and streamlines security reviews for SaaS businesses. It helps companies manage risk and prove security in real-time, ensuring adherence to global standards and data protection regulations. With Vanta’s Trust Center, businesses can efficiently manage compliance processes and demonstrate their commitment to security and trust.
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View original content:https://www.prnewswire.co.uk/news-releases/complycube-launches-trust-center-with-the-most-complete-compliance-posture-in-the-market-302174177.html
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