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Third quarter of 2021

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Revenue stable at € 2,666 million 
at constant currency

Order entry at € 2,399 million
Book to bill ratio at 90%

Digital, Cloud, Security & Decarbonization at 52% of revenue

Net organic increase of talents by +1,500

Group Transformation programs moving at speed

2021 objectives confirmed

Paris, October 20, 2021 – Atos, a global leader in digital transformation, today announces the revenue of its third quarter of 2021.

In the third quarter, the Group continued to stabilize its revenue at constant currency, before progressing into positive territory. Market demand post crisis remained very dynamic in Cloud application migration and development and the Digital transformation of business processes through automation, robotisation and artificial intelligence. In all regions, customers now require digital solutions with the highest standards of security, sustainability and inclusiveness, three domains where Atos brings unique technological expertise.

The Group continued to pursue its deep and wide business transformation plan, hiring a record number of new skills in a very hot talent market, resulting for the first time in a net organic increase of +1,500 employees. This will help fuel our growth ambitions. In the same vein, we reinforced our partnerships with Public Cloud hyperscalers while striking new ones with high growth Digital platforms.

Our transformation programs announced in July are moving at speed on all fronts. The German restructuring is well under way. The plan to look for partners on c. 20% of the Group revenue is being executed with advanced discussions on our Unified Communications & Collaboration asset. The acquisition of a new digital bolt-on asset has been signed. Finally, our LEAP cultural change program is ramping up.

The Group Management wants to thank our 107,000 colleagues for their tremendous support for and dedication to this transformation journey, which is setting the right foundations for achieving our mid-term targets.

Q3 2021 revenue by Industry

  Revenue
In € million Q3 2021 Q3 2020* Evolution at constant currency
Manufacturing           518             469   +10.4%
Financial Services & Insurance           524             512   +2.3%
Public Sector & Defense           553             628   -11.9%
Telecom, Media & Technology           355             363   -2.0%
Resources & Services           383             378   +1.5%
Healthcare & Life Sciences           333             317   +5.1%
Total       2,666         2,666   0.0%
* At constant currency      

Revenue in the third quarter of 2021 reached € 2,666 million, stable compared to Q3 2020 at constant currency, and decreasing by -2.3% organically. The key segments to which the Group directs its transformation – Digital, Cloud, Security and Decarbonization – performed a strong growth while revenue was still impacted in Classic Infrastructure.

Manufacturing reported a revenue of € 518 million, representing 19% of the Group revenue and increasing by +10.4% compared to Q3 2020 at constant currency. This was an acceleration of its recovery after a second quarter already growing by +1.8%. Every geography contributed to this strong growth, driven by a repositioning of the Industry on higher value digital projects and solutions to meet customer needs. More particularly, the Industry increased business in application projects ran in Automotive and Aerospace, as well as digitization of industrial processes including IoT based smart manufacturing offerings.

Financial Services & Insurance revenue was € 524 million during the third quarter of 2021, representing 20% of the Group revenue. Increasing by +2.3% compared to Q3 2020 at constant currency, the Industry confirmed its performance of the first semester, especially in the Insurance sector while activity with Banking institutions was more contrasted. Business in this Industry continued to be led by digital transformation projects and a strong demand for cybersecurity expertise, both covered by the offerings of the Group and the synergies with the newly acquired companies such as Eagle Creek, Digital.Security, and Paladion.

Public Sector & Defense reached € 553 million representing 21% of the Group revenue and decreasing year-on-year at constant currency by -11.9% after a +13.0% in Q3 2020. This decrease came from volume reduction in large High Performance Computing (HPC) projects delivered last year in most of the geographies and more particularly in Northern Europe, as well as the last quarter of year-on-year effect from the large reduction of scope of the Texas Department of Information Resources contract renewed last year.

Telecom, Media & Technology represented 13% of the Group revenue and reached € 355 million, decreasing by -2.0% compared to Q3 2020 at constant currency. After a positive second quarter, the Industry had a more challenging third quarter as trends were mixed between its different sectors. While projects in the Media sector grew thanks to an increased volume in North America, the situation was more challenging in High Tech & Engineering as well as in Telecom. 

Revenue generated by Resources & Services in the third quarter of 2021 reached € 383 million representing 14% of the total revenue of the Group. The industry managed to recover and grew by +1.5% compared to Q3 2020 at constant currency after a decrease by -2.5% in the second quarter of 2021. The situation remained contrasted across its components, with dynamism in Transportation & Hospitality, especially in North America and Southern Europe, while the Retail and Energy & Utilities sectors declined due to HPC sales not repeated this year compared to 2020.

Representing 12% of the Group revenue with € 333 million, Healthcare & Life Sciences grew by +5.1% in the third quarter of 2021 year-on-year at constant currency led by Northern Europe, Southern Europe, and Growing Markets. In particular, the Healthcare sector recorded a very strong performance compared to the third quarter of 2020, which more than compensated the decline in Pharmaceutical.

Q3 2021 revenue by Regional Business Unit

  Revenue
In € million Q3 2021 Q3 2020* Evolution at constant currency
North America      617        625   -1.3%
Northern Europe      674        700   -3.8%
Central Europe      619        631   -1.8%
Southern Europe      556        520   +7.0%
Growing Markets      201        191   +4.9%
Total       2,666         2,666   0.0%
* At constant currency      

The majority of the Regions benefited from the rebound of the demand for Digital transformation, Cloud, and Cybersecurity in the sectors that have been impacted the most last year such as Manufacturing and Hospitality & Transportation. They benefited also from a good momentum in Healthcare & Life Sciences and Financial Services & Insurance. Combined with synergies initiated from the new acquisitions, the Group managed to compensate the decline in Public Sector & Defense coming from volume reduction and some large HPCs delivered last year in several geographies.

Revenue growth at constant currency was strong in Southern Europe and in Growing Markets.

In Southern Europe, the activity was solid in most of the Industries including Public Sector & Defense.

Growing Markets continued on its trend at circa +5% growth led by the ramp-up of projects in Asia in Healthcare & Life Sciences as well as in Telecom, Media & Technology in Brazil and in Manufacturing through volume increase and new projects.

North America managed to generate growth at constant currency in all Industries except Public Sector & Defense impacted by the Texas Department of Information Resources contract and by Unified Communications & Collaboration activities.

Northern Europe recorded a strong activity in Manufacturing with Digital Transformation projects as well as in Healthcare & Life Sciences. But this geography faced unfavourable base effect on High Performance Computing in Public Sector & Defense.

Finally, Central Europe significantly improved its revenue trend compared to -10.3% in Q2 thanks to Manufacturing ramp-up of projects and new contracts.

Commercial activity

During the third quarter of 2021, the Group order entry reached € 2,399 million representing a Book-to-Bill ratio of 90%.

The main new contracts signed over the period included notably:

  • in Manufacturing a contract with a large European Automotive supplier for the migration to S/4 Hana Cloud (Central Europe);
  • in Financial Services & Insurance a contract with a US global Insurer for a migration to Public Cloud combining Atos, Syntel, and Maven Wave capabilities (North America);
  • in Public Sector & Defense a large contract with a Public authority for a Digital Transformation project (Northern Europe);
  • in Telecom, Media & Technology a Digital Transformation contract embarking Cloud, Security, and Decarbonization services with a European High Tech leader (Northern Europe);
  • in Resources & Services  a contract with a large European Utility for distribution network management and control combining SAP and Atos Energy solutions (Southern Europe); and
  • in Healthcare & Life Sciences a contract with a large Healthcare leader for the development of digital tool to enhance patient experience (North America).

Contract renewals of the quarter included, in Manufacturing a large European car manufacturer with an extension to support customer in developing data-based Cloud services (Southern Europe), in Financial Services & Insurance a major bank to migrate complex data center and applications (Growing Markets), and a scope extension with a large retailer Resources & Services (North America).

Full backlog amounted to € 23.4 billion at the end of September 2021, slightly down compared to June 2021. It represented 2.1 years of revenue. Full qualified pipeline reached € 7.4 billion stable compared to June 2021. It represented 7.9 months of revenue.

Human resources

The total headcount was 106,665 at the end of September 2021, an increase of +1,857, of which for the first time +1,485 (+1.4%) organically in order to support the fast growing business segments (Digital, Cloud, Security and Decarbonization) while the Group continued to decrease the number of staff in Infrastructure activities through automation and robotization.

In the third quarter of 2021, the Group hired 8,019 staff, the majority of whom in offshore and nearshore countries. Attrition LTM (Last Twelve Months) reached 16% at the end of September 2021.

2021 objectives confirmed

The Group confirms all its objectives for 2021:

  • Revenue growth at constant currency: stable;
  • Operating margin rate: c. 6%;
  • Free cash flow: positive.

Acquisition

The Group today announces the acquisition of DataSentics, a European company founded in 2016 and located in Prague. DataSentics specializes in Machine Learning and Cloud Data engineering. The company works on unifying data science and engineering across Europe. It employs 90 data scientists. Its offerings will immediately complement Artificial Intelligence factory strategy of Atos to support 5G and Edge offerings and accelerate key business use cases in Manufacturing, Retail, and Telecommunications.

Program to look for partners to optimize Group assets

As part of its transformation and to accelerate its reprofiling towards Digital, Cloud, Security & Decarbonization, the Group announced on July 27, 2021 the launch of a large program to look for partners on a volume of business representing c. 20% of its current revenue.

On Unified Communications & Collaboration, advanced discussions are currently ongoing.

On Data Center hosting and associated activities, a formal process has been launched and multiple indications of interest have been received.

 

Appendix

Revenue at constant scope and exchange rates reconciliation

In € million Q3 2021 Q3 2020 % change
Statutory revenue 2,666 2,644 +0.8%
Exchange rates effect   22  
       
Revenue at constant exchange rates 2,666 2,666 0.0%
       
Scope effect   63  
Exchange rates effect on acquired/disposed perimeters   1  
Revenue at constant scope and exchange rates 2,666 2,729 -2.3%

Scope effects amounted to €+63 million for revenue. They are mainly related to:

  • the acquisitions closed in H2 2020 and in 2021 for €+68 million; and
  • the disposal of some specific Unified Communications & Collaboration activities and Wivertis GmBH in 2020, amounting for a total of €-5 million.

Currency exchange rate effects positively contributed to revenue for €+22 million. They mostly came from the appreciation of the British Pound against the Euro over the period.

Conference call

Tomorrow, Thursday, October 21, 2021, the Group will hold a conference call in English at 08:00 am (CET – Paris), chaired by Elie Girard, CEO, in order to comment on Atos’ Q3 2021 revenue and answer questions from the financial community.

You can join the webcast of the conference:

  • via the following link: https://edge.media-server.com/mmc/p/9dtvfypf
  • by telephone with the dial-in, 10 minutes prior the starting time. Please note that if you want to join the webcast by telephone, you must register in advance of the conference using the following link:

http://emea.directeventreg.com/registration/5061859
Upon registration, you will be provided with Participant Dial In Numbers, a Direct Event Passcode and a unique Registrant ID. Call reminders will also be sent via email the day prior to the event.
During the 10 minutes prior to the beginning of the call, you will need to use the conference access information provided in the email received upon registration.

After the conference, a replay of the webcast will be available on atos.net, in the Investors section.

Forthcoming events

February 28, 2022 (After Market Close)                       Full Year 2021 results
April 27, 2022 (Before Market Opening)                       First Quarter 2022 revenue
May 18, 2022                                                              Annual General Meeting
July 27, 2022 (Before Market Opening)                        First semester 2022 results

Contacts

Investor Relations:               Gilles Arditti                 +33 6 11 69 81 74
                                                                                   [email protected]

Media:                                    Anette Rey                  +33 6 69 79 84 88
                                                                                   [email protected]

 

About Atos

Atos is a global leader in digital transformation with 107,000 employees and annual revenue of over € 11 billion. European number one in cybersecurity, cloud and high performance computing, the Group provides tailored end-to-end solutions for all industries in 71 countries. A pioneer in decarbonization services and products, Atos is committed to a secure and decarbonized digital for its clients. Atos is an SE (Societas Europaea), listed on Euronext Paris and included in the CAC 40 ESG and Next 20 indexes.

The purpose of Atos is to help design the future of the information space. Its expertise and services support the development of knowledge, education and research in a multicultural approach and contribute to the development of scientific and technological excellence. Across the world, the Group enables its customers and employees, and members of societies at large to live, work and develop sustainably, in a safe and secure information space.

Disclaimers

This document contains forward-looking statements that involve risks and uncertainties, including references, concerning the Group’s expected growth and profitability in the future which may significantly impact the expected performance indicated in the forward-looking statements. These risks and uncertainties are linked to factors out of the control of the Company and not precisely estimated, such as market conditions or competitor’s behaviors. Any forward-looking statements made in this document are statements about Atos’ beliefs and expectations and should be evaluated as such. Forward-looking statements include statements that may relate to Atos’ plans, objectives, strategies, goals, future events, future revenues or synergies, or performance, and other information that is not historical information. Actual events or results may differ from those described in this document due to a number of risks and uncertainties that are described within the 2020 Universal Registration Document filed with the Autorité des Marchés Financiers (AMF) on April 7, 2021 under the registration number D.21-0269 and the Amendment to the 2020 Universal Registration Documents filed with the AMF on July 30, 2021 under number D.21-0269-A01. Atos does not undertake, and specifically disclaims, any obligation or responsibility to update or amend any of the information above except as otherwise required by law. This document does not contain or constitute an offer of Atos’ shares for sale or an invitation or inducement to invest in Atos’ shares in France, the United States of America or any other jurisdiction.

Revenue organic growth is presented at constant scope and exchange rates.

Industries include Manufacturing (Aerospace, Automotive, Chemicals, Consumer Packaged Goods (Food & Beverage), Discrete Manufacturing, Process Industries, Services and Siemens), Financial Services & Insurance (Insurance, Banking & Financial Services, and Business Transformation Services), Public Sector & Defense (Defense, Education, Extraterritorial Organizations, Public Administration, Public Community Services and Major Events), Telecom, Media & Technology (High Tech & Engineering, Media, and Telecom), Resources & Services (Energy, Retail, Transportation & Hospitality, and Utilities) and Healthcare & Life Sciences (Healthcare and Pharmaceutical).

Regional Business Units include North America (USA, Canada, Guatemala and Mexico), Northern Europe (United Kingdom & Ireland, Belgium, Denmark, Estonia, Belarus, Finland, Lithuania, Luxembourg, The Netherlands, Poland, Russia and Sweden), Central Europe (Germany, Austria, Bulgaria, Bosnia, Croatia, Czech Republic, Greece, Hungary, Romania, Serbia, Slovenia, Slovakia, Israel, and Switzerland), Southern Europe (France, Andorra, Spain, Portugal and Italy) and Growing Markets including Asia-Pacific (Australia, China, Hong Kong, India, Japan, Malaysia, New Zealand, Philippines, Singapore, Taiwan, and Thailand), South America (Argentina, Brazil, Chile, Colombia, Uruguay, and Peru), Middle East & Africa (Algeria, Benin, Burkina Faso, Egypt, Gabon, Ivory Coast, Kenya, Kingdom of Saudi Arabia, Madagascar, Mali, Mauritius, Morocco, Qatar, Senegal, South Africa, Tunisia, Turkey and UAE), Major Events and Global Delivery Centers.

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Artificial Intelligence

DDN AI400X2 Turbo Appliance Accelerates Gen AI and Inference for Data Center and Cloud by 10x

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Power Efficient Storage System Designed for AI and High-Performance Software Stacks and AI Libraries Seamlessly Accelerates End to End GPU, Compute and Network with Many Options
SAN JOSE, Calif., March 19, 2024 /PRNewswire/ — GTC, DDN Booth #816 — DDN®, the global leader in artificial intelligence (AI) and multi-cloud data management solutions, today announced the latest addition to its powerful A3I® solutions, the DDN AI400X2 Turbo. 30% more powerful than the AI400X2, the previous industry performance leader, the AI400X2 Turbo boasts faster performance and expanded connectivity options.

As AI workloads multiply across markets, GPU manufacturers continue to innovate and develop faster accelerators to handle these massive workloads. It is critically important that all data center infrastructure elements can fully facilitate their processing power. DDN’s AI400X2 Turbo delivers much better ROI for multi-node GPU clusters as well as Generative AI, Inference, AI frameworks and software libraries, with staggering 75 GB/s write speeds and 120 GB/s read speeds per 2U appliance. 
“With data centers and cloud providers making massive investments in AI infrastructures, data storage is a key enabler in accelerating ROI, increasing the efficiency of AI frameworks and software libraries, and delivering highest performance to GPUs,” said Dr. James Coomer, senior vice president of products, DDN. “DDN’s AI400X2 Turbo was designed to deliver highest efficiency, performance and ideal power and simplicity for Gen AI, inference and multi-node GPU clusters, reinforcing DDN’s position as the top choice for large-scale generative AI and large language models.”
The AI400X2 Turbo joins the lineup of A3I appliances that are deployed today and power NVIDIA DGX™ systems globally across a wide range of production environments in financial services, life sciences, healthcare and autonomous vehicle industries. Building solutions that optimize application and AI framework performance, DDN leads and accelerates the way to safe and power-efficient AI adoption with cutting-edge storage innovation.
DDN at NVIDIA GTC
A Diamond sponsor of the event, DDN will be exhibiting at NVIDIA GTC from March 18 to 21 in San Jose, California, in booth 1521 and 816. DDN will also participate in the following sessions.
Date
Time
Session Details
Tues., March 19
8:00 – 8:25 a.m. PT
How to Safely and Successfully Boost Your Data Center Productivity and ROI: Dr. James Coomer, senior vice president, Products, DDN, will demonstrate concrete technical industry examples on how to achieve full-stack and data center-scale acceleration with data storage solutions.
Tues., March 19
8:30 – 11:30 a.m. PT
AI Data Summit: Faster and Safer GPU ROI Acceleration in Data Centers and the Cloud: DDN and NVIDIA: Dr. James Coomer, senior vice president, Products, DDN, will join NVIDIA and Lambda to explore how to deploy and scale GPU infrastructures faster and how those deployments can be made more efficient and cost-effective.
Wed., March 20
2 – 2:50 p.m. PT
Getting the Storage Right for AI Applications: Dr. James Coomer, senior vice president, Products, DDN, will participate in a panel with experts from across the NVIDIA Partner Network storage partner ecosystem to provide insight on how to avoid potential issues to get the most out of storage for different AI applications.
Wed., March 20
4 – 4:25 p.m. PT
Accelerate Generative AI ROI and End-to-End ML Life Cycles for LLM by Optimizing Data Architectures: Dr. James Coomer, senior vice president, Products, DDN, will explore how data architectures can accelerate generative AI ROI and end-to-end ML life cycles for LLM.
Fri., March 22
6:00 AM – 6:50 PT
Getting the Storage Right for AI Applications: A Q&A From the EMEA Region: Sven Oehme, CTO, DDN, will participate in a panel to explore several topic areas, such as hybrid, multi-cloud, data migration, security, the impact of storage on underlying functions like check-pointing and replication, and scaling storage capacity.
On-Demand
N/A
Advanced Storage Optimization Strategies for Dynamic Production AI Workloads: James Coomer, senior vice president, Products, DDN, will explore the unique challenges to storage posed by dynamic AI workloads, including the need for high-speed data access, scalability, and adaptability in ever-changing computational environments and how to addresses these challenges head-on with architectures designed specifically for virtualized and cloud AI environments.
On-Demand
N/A
Optimizing AI Data Centers: Advanced Accelerated Data Storage Strategies for Enhanced Productivity and Efficiency: Dr. James Coomer, senior vice president, Products, DDN, will provide a technical presentation that focuses on optimizing NVIDIA GPU data centers through AI-accelerated data storage solutions.
For more information about DDN at NVIDIA GTC, please visit: https://www.ddn.com/company/events/2024-nvidia-gtc/.
About DDNDDN is a leading global provider of data storage and data management solutions at scale. We accelerate AI and High Performance Computing workflows and applications in data centers, private and public clouds, and at the edge. Thanks to our technology, over 11,000 customers realize significant efficiencies in their GPU and CPU compute farms, substantially reducing their data center power consumption and footprint. Utilizing highly optimized flash technology and AI-enabled software, our products power some of the largest and most demanding customers in the world in fields such as autonomous driving, AI chatbots, healthcare, financial services, manufacturing, energy, government, public sector, and research institutions, as well as generative AI and data analytics applications. Explore our offerings further at ddn.com.
Contact:Press Relations at [email protected] & Company, on behalf of DDN
Sharon [email protected]
###
©2024 All rights reserved. DDN and A3I are registered trademarks owned by DataDirect Networks. All other trademarks are the property of their respective owners.
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Artificial Intelligence

TEHTRIS unveils exclusive background and evidence of RosyStyle Affair

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PARIS, March 19, 2024 /PRNewswire/ — TEHTRIS, a leading company in the automatic, real-time, non-human-action neutralization of cyberattacks, has just published its latest Threat Intelligence report, revealing, for the first time, the intricate details of an international fraud of almost 40 million euros, perpetrated on an online investment platform called RosyStyle.

 
 
A large-scale case targeting individuals via RosyStyle platform
After the arrest of a few members of its cybercriminal group, this case could easily have gone unnoticed. However, TEHTRIS reveals behind-the-scenes details of this fraud, centered on bogus online investments, as well as evidence that the cybercriminal group remains active.
Overview of the RosyStyle case:
Status: Despite the arrest of some members, the cybercriminals continued to defraud numerous retail investors, enticing them to transfer large sums of money to their bank accounts.Exclusive Evidence: from IP addresses to websites, TEHTRIS unveils exclusive screenshots of login pages and platform’s backend interface, as well as evidence of the criminals’ access to victims’ bank transactions.Persistent activity: beyond the initial case, the compromised source code has been adapted under several different brand names.Cybersecurity is a collective responsibility
“Our vision of cybersecurity goes far beyond the conventional role of a solution provider. We are committed to understanding, anticipating and mitigating threats to ensure the protection of public and private organizations of all sizes, as well as individuals, in the digital economy. By offering not only cybersecurity solutions, but also vital information to arm them against evolving threats, we aspire to be a trustful source of information, thus contributing to a safer digital future for all,” explains the TEHTRIS team.
About TEHTRIS
Founded in 2010, TEHTRIS is the publisher of the TEHTRIS XDR PLATFORM, hyper-automated cyber defense solution that detects and neutralizes cyberattacks in real time, without human action. With its “Security & Ethics by design” approach, TEHTRIS provides users with a holistic vision of their infrastructure, while guaranteeing data protection. TEHTRIS XDR PLATFORM is compatible with market security solutions via its APIs and integrated orchestrator. The solution monitors, analyzes and neutralizes threats for major organizations in transport, engineering, services and government. TEHTRIS keeps a constant watch on cybercrime and listens closely to its customers, helping them to minimize risks and deal with the unpredictable. In 2020, TEHTRIS raised a record €20 million in Series A funding and a second €44 million in Series B funding in 2022.
Contenu | EN | Rapport Threat Intel Feb24
CONTACT: [email protected] 
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Artificial Intelligence

Segway Collaborates with NVIDIA to Introduce NVIDIA Isaac-powered Nova Orin Developer Kit for Autonomous Mobile Robots

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LOS ANGELES, March 19, 2024 /PRNewswire/ — Segway Robotics, a global leader in autonomous mobile robot (AMR) technologies, is collaborating with NVIDIA to introduce a new developer kit which will expand the frontiers of robotic technologies. The Nova Orin Developer Kit (DevKit), unveiled at NVIDIA GTC, a global AI conference running March 18-21 at the San Jose Convention Center and online, enables creators to bring their robotic innovations to market more swiftly and efficiently.

Building upon the capabilities of the Nova Carter development robot, which Segway teamed with NVIDIA to introduce last year, the Nova Orin DevKit makes robotics development more accessible. It combines Segway’s expertise in robotic mobility solutions with NVIDIA AI and GPU accelerated computing, aiming to provide a platform for developing robotic applications that can navigate and interact with the world in ways previously unimaginable.
Responding to the developer community’s feedback on the Nova Carter, the Nova Orin DevKit has been crafted to offer an even greater level of customization without sacrificing simplicity in assembly and calibration. It is an all-in-one, fully integrated compute and sensing solution ideal for solving complex AMR challenges in large and highly dynamic environments.
Powered by the NVIDIA Jetson AGX Orin system-on-module, the Nova Orin DevKit is equipped with stereo cameras (RGBD) and high-speed surround cameras to provide 3D surround vision. It comes preinstalled with NVIDIA Isaac platform components (including sensor drivers, a nominal calibration file, as well as NVIDIA Isaac Perceptor packages), allowing users to experience the Isaac Perceptor stack right out of the box.
The Nova Orin DevKit can accelerate the development of state-of-art autonomy with powerful and proven software and hardware tools, to use with automated guided vehicles, autonomous forklifts, indoor and outdoor delivery robots, and many other applications.
“With the Nova Orin DevKit, we are pushing the boundaries of what’s possible in AI robotics,” said Tony Ho, Vice President of Business Development at Segway. “Since introducing Nova Carter, the feedback from developers has been incredibly insightful. Recognizing the critical importance of time to market in the robotics sector, the Nova Orin DevKit is our answer to accelerating innovation and success for our customers.”
The Nova Orin DevKit, alongside Nova Carter, represents an important step in reducing the development time for robotics projects. Additionally, Segway’s expertise in supply chain management is set to assist robotics companies in scaling their operations faster and more smoothly.
The Nova Orin DevKit will be available for order starting in early April. Developers, researchers, and companies interested in exploring the frontiers of AI robotics are encouraged to join this exciting journey. More details on The Nova Orin DevKit can be found at Segway Robotics website: https://robotics.segway.com/nova-dev-kit/
Media Enquiries: Ling Ding, [email protected]
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