Connect with us
MARE BALTICUM Gaming & TECH Summit 2024

Artificial Intelligence

EarlyBirds Helping Businesses in Taking Advantage of Innovation in the Mining Industry

Published

on

Forde, May 05, 2022 (GLOBE NEWSWIRE) — EarlyBirds, an Australian company that has established a business to business (B2B) open ecosystem for innovation that offers a way for early adopters, innovators, and subject matter experts (SMEs) to come together and develop partnerships to accelerate technology advancement and adoption, wants to emphasize that they can also help businesses in the mining industry to overcome the challenges they face as they try to accelerate their adoption of digital technologies. Mining companies need these technologies to increase productivity and improve the efficiency of operations as they face the cha

Mining Techllenges of the future. These early adopter mining companies may be better equipped to come up with solutions to comply with environmental, social and governance (ESG) goals and the competing priorities of emerging market dynamics.

Investing in Mining Tech

Fortunately, the mining industry, according to PWC, has been one of the few industries that emerged from the COVID 19 pandemic economic crisis in great financial and operational shape. This allows them to have the financial strength to make huge and daring moves and investments towards the future in response to the challenges they face.

Digital Acceleration Index

However, according to the Digital Acceleration Index of the Boston Consulting Group, the mining and metals industry is lagging behind when it comes to the adoption of digital technologies. The index indicates that they are 30 to 40 percent less digitally mature when compared to other industries like chemicals or automotive. The industry has unique challenges when it comes to digital adoption. For one, their workforces tend to be blue collar and are usually less familiar with digital solutions compared to the workforces of other industries. Furthermore, they typically work in remote locations with poor network bandwidth and where the rugged terrain makes it a challenge to deploy digital sensors.

Wide Choice of Technologies

Mining companies also face a number of major obstacles with regards to the adoption of new digital tools and in choosing from among the wide range of disruptive technological innovations. Mining technology covers a broad spectrum of physical and virtual challenges and opportunities that are currently being experienced by the industry. These technologies have an impact on both above ground and underground operations with almost every part of the mining operations value chain, from exploration to supply chain and production operations, being affected by these new and emerging innovations.

There are many technologies to choose from when mining companies search for particular technologies that can provide the solution they need. For instance, some mining companies are using the Internet of Things, while others are using artificial intelligence or AI and some are applying robotics. The list of possible technologies is virtually endless and this is where a specialised partner with an open innovation ecosystem can help.

EarlyBirds Solving Technical and Business Challenges

In the EarlyBirds open innovation ecosystem, mining companies can become early adopters of emerging technologies. With early adopters, SMEs and mine tech startups, scaleup and mining service providers meeting together, the EarlyBirds Explorer and Challenger programs provide a fertile ground for early adopters and innovators to come up with solutions to particular problems.

The EarlyBirds open innovation ecosystem has two main parts. One is the Explorer program that has the purpose of accelerating the process of technological innovation for the whole company as a service. The Explorer program has a number of important features, including: a nominated SME for the business; a platform enterprise license; weekly webinars to help stimulate innovation in the organisation; quarterly and monthly innovation days; and a focus on certain innovations. The other component is the Challenger program, which is for those who prefer to focus on particular challenges for the business one at a time. EarlyBirds also offers the Edzility framework to assist companies with regards to continuous improvement that allows the organisation to have improved organisational agility and competitive edge.

Those who are interested in learning more about the Early Birds and how it can help mining companies adopt new digital technologies to improve their operations can check out the EarlyBirds website at earlybirds.io.

###

For more information about EarlyBirds, contact the company here:

EarlyBirds
Mr Kris Poria and Mr Jeff Penrose
+61 401 287 060
[email protected]
‘FORDE’ SUITE 10, LEVEL 1, 26 FRANCIS FORDE BOULEVARD, FORDE, ACT 2914


GlobeNewswire is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.

Artificial Intelligence

LinkShadow is positioned as a Representative Vendor in the 2024 Gartner® Market Guide for Network Detection and Response (NDR)

Published

on

linkshadow-is-positioned-as-a-representative-vendor-in-the-2024-gartner-market-guide-for-network-detection-and-response-(ndr)

ATHENS, Georgia, April 18, 2024 /PRNewswire/ — LinkShadow, a global leader in intelligent Network Detection and Response (NDR) has been recognized in the Gartner 2024 Market Guide for NDR solution. This insightful Gartner Report elaborates on how NDR can amplify infrastructure security by seamlessly integrating with various technologies such as SOAR, SIEM, EDR, MDR and numerous others.

 
 
As per Gartner, “The network detection and response market continues to grow and expand to hybrid network scenarios with IaaS deployment. Security and risk management leaders should reprioritize NDR as a key provider of AI analytics in the context of more automated security operations assistants.” 
Gartner also recommends that “enterprises should strongly consider NDR solutions to complement signature-based network security tools and network sandboxes. Many Gartner clients have reported that NDR tools have detected suspicious network traffic that other perimeter security tools had missed.”
Commenting on this, Fadi Sharaf, Regional Sales Director, LinkShadow, said: “We believe this Gartner recognition strengthens LinkShadow’s positioning in the NDR domain. Our aim is to extend the robust LinkShadow NDR capability to enterprises and empower them to stay ahead of the threat curve, taking a proactive approach to safeguard their sensitive assets.”
According to Gartner, “Despite strong competition from other platforms, NDR global market revenue continues to grow double digit, registering an increase of 19% for the period 1Q23 through 3Q23, year over year. When the NDR market was nascent, it was composed of a mix of pure-play startups and network monitoring companies expanding to security use cases. As the market grows, it is attracting more and more large platform providers.”
Gartner Key Findings:
Network detection and response (NDR) is commonly used as a complementary detection and response technology as part of a broader arsenal of security operations center (SOC) tools.The emergence of “AI-augmented” analytics overlays, in the form of SOC assistants, will benefit the NDR market as a useful source of insights for aggregated and summarized views.A handful of NDR vendors capture most of the attention in the market. Higher maturity organizations, often with more specialized detection use cases, often mix these well-known vendors with emerging local players in their shortlists.Most organizations value the response capabilities during their NDR provide evaluations, but only deploy very narrowly automated responses past the pilot phase.Gartner Recommendations:
Start small. Implement NDR to detect abnormal behaviors and provide investigation capabilities for post breach activity, extending incrementally across different types of networks.Identify how NDR’s behavior-based detections, once tuned, might augment your SOCability to respond to incidents faster and more accurately.Compare NDR vendors by defining rationalized metrics and evaluating how these NDR tools positively impact threat detection and incident response.Roll out automated response progressively, based on your existing incident response SLA for the type of incident and on the false positive rate of the detection engines.For more interesting details on the Gartner Report: https://www.linkshadow.com/LinkShadow-as-a-Representative-Vendor-in-2024-Gartner-Market-Guide-for-Network-Detection-and-Response.
Disclaimer:
Gartner, Market Guide for Network Detection and Response, Jeremy D’Hoinne, Thomas Lintemuth, et al, 29 March 2024.
GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and is used herein with permission. All rights reserved.
Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
About LinkShadow
LinkShadow is a US-registered company with regional offices in the Middle East. Pioneered by a highly skilled team with a vision to formulate a next-generation cybersecurity solution that provides unparalleled detection of even the most sophisticated threats. LinkShadow was built with the vision of enhancing organizations’ defenses against advanced cyber-attacks, zero-day malware, and ransomware, while simultaneously gaining rapid insight into the effectiveness of their existing security investments. Visit www.linkshadow.com.
Photo: https://mma.prnewswire.com/media/2390905/LinkShadow.jpg
Media contact: Ann Paterson VP of Marketing [email protected]+1 877 267 7313

View original content:https://www.prnewswire.co.uk/news-releases/linkshadow-is-positioned-as-a-representative-vendor-in-the-2024-gartner-market-guide-for-network-detection-and-response-ndr-302120761.html

Continue Reading

Artificial Intelligence

Nanoprecise Sci Corp Expands Energy Centered Predictive Maintenance Operations in Europe and Africa

Published

on

nanoprecise-sci-corp-expands-energy-centered-predictive-maintenance-operations-in-europe-and-africa

EDMONTON, AB, April 18, 2024 /PRNewswire/ — Nanoprecise Sci Corp is excited to announce the expansion of their Energy Centered Predictive Maintenance (ECM) operations into Europe and Africa. This expansion addresses the significant shift towards corporate sustainability within these regions, aligning with growing demands for technological solutions that enhance both environmental stewardship and operational reliability.  

Motor-driven machinery accounts for 65% of the world’s electricity consumption, with poorly maintained equipment using up to 30% of this energy, inefficiently. By improving visibility into the energy utilization of equipment, Nanoprecise’s ECM solution allows organizations to use energy consumption to prioritize preventative maintenance. This approach helps drive down energy consumption and carbon emissions, while ensuring production uptime and asset reliability.  
One of the big additions to their expansion into the region is the appointment of Kalyan Meduri as Head of Sales for Europe and Africa. Kalyan has over 18 years of global experience in incubating new technologies, scaling new businesses and motivating teams to solve customer problems differently. With experience across India, France and Denmark, he is passionate about creating a positive impact through technology and collaboration to present the next generation with a sustainable future. “The substantial shift towards sustainability in Europe makes it a prime market for our ECM solution,” remarked Kalyan Meduri. “By integrating our state-of-the-art predictive maintenance solutions with strategic energy management, we are helping businesses meet their sustainability goals while improving operational efficiency. It’s a win for them and for the planet!”  
Nanoprecise has become a preferred ESG solution provider for industrial organizations globally, and now for European organizations that want to accelerate their journey to reduce emissions and increase uptime, without further capital expenditures. Plus, with the recent announcement of their money-back guarantee, enterprises can make a risk-free, ROI guaranteed shift to energy-centric predictive maintenance.  
Join Kalyan and the Nanoprecise team at Hannover Messe in Hall 7, Booth #D28 and explore the capabilities and benefits of ECM.  
About Nanoprecise Sci Corp:  
Nanoprecise Sci Corp is an AI-powered energy centered predictive maintenance solution combining IoT sensor technology with artificial intelligence and machine learning to improve efficiency of machines and contribute to sustainability.  nanoprecise.io 
Media Contact:  Christian Keon  Head of Marketing, Nanoprecise  [email protected] 
Photo: https://mma.prnewswire.com/media/2390796/Nanoprecise.jpg
 

View original content:https://www.prnewswire.co.uk/news-releases/nanoprecise-sci-corp-expands-energy-centered-predictive-maintenance-operations-in-europe-and-africa-302120706.html

Continue Reading

Artificial Intelligence

oneZero partners with New Change FX to boost client trading performance

Published

on

onezero-partners-with-new-change-fx-to-boost-client-trading-performance

Clients gain access to additional robust, independent FX reference data within oneZero’s Data Source
BOSTON, April 18, 2024 /PRNewswire/ — oneZero, a global leader in multi-asset enterprise trading technology solutions, today announced the integration of New Change FX benchmark data feeds into oneZero’s suite of analytics in Data Source. The addition of this new stream of high quality, independent FX reference data will enable clients to further enhance their trading performance, by providing the option for clients to utilize the New Change FX reference data in reporting.

New Change FX is a leading provider of continuous, officially regulated benchmark FX rates that are constructed by aggregating data from the entire global market. New Change FX is independent of liquidity providers and venues and has been authorized since 2018 as a benchmark administrator by the UK’s Financial Conduct Authority.
Andrew Ralich, CEO and Co-Founder of oneZero, commented: “As a technology provider committed to market neutrality, our primary goal is to empower clients with transparency throughout the entire trade lifecycle. Since 2009, we have advanced our position as an industry leader by establishing a liquidity-neutral EcoSystem for our clients. Today’s integration with New Change FX exemplifies how our adaptable data framework further enables clients to seamlessly access value-added services within our network of data partners. We are committed to continuing to build in new capabilities alongside the industry leading data and analytics capabilities that have been developed within oneZero’s Data Source product.”
Paul Lambert, CEO, New Change FX commented: “oneZero provides clients with extremely powerful analytics via Data Source Insights, and the addition of New Change FX’s benchmark data takes that to a new level. FX analytics are proving increasingly important for liquidity management and at New Change FX we share oneZero’s view that independent data is key to objective price measurement and improved trading outcomes.”
About oneZero
oneZero Financial Systems has been a leading innovator in multi-asset class enterprise trading technology for over a decade. Its powerful software encompasses the Hub, EcoSystem and Data Source – three components that together provide a complete solution for execution, distribution and analytics. Through reliable connectivity, technology, infrastructure and market access, oneZero empowers financial institutions and brokers to compete effectively in the global financial markets through a globally compliant, liquidity-neutral solution. oneZero is certified to the standards of ISO 27001 information security management systems, and has development and operations centers in Asia, Australia, Europe and North America.
For more information, please contact:
Talia GeberovichHead of Marketing and [email protected]
About New Change FX
New Change FX is an independent company dedicated to the measurement of foreign exchange pricing to deliver transparency and eliminate costs. New Change FX calculates independent benchmark rates which are published in real-time and used to support live trading processes. NCFX do not offer market access, trading or brokerage services and therefore users cannot directly influence the NCFX Benchmark calculation process.
To find out more please visit www.newchangefx.com.
The EU Benchmark Regulation ((EU) 2016/1011 of the European Parliament and the Council of 8 June 2016, “BMR”) came into effect on 1 January 2018 and introduces a common framework to ensure the accuracy and integrity of indices used as benchmarks in financial instruments and financial contracts or to measure the performance of investment funds.On 27 February 2018, HM Treasury in the UK passed into legislation the Financial Services and Markets Act 2000 (Benchmarks) Regulations 2018, thereby fully adopting the BMR.In 2018, NCFX was granted permission by the Financial Conduct Authority (FCA) in the UK under Part 4A of the Financial Services and Markets Act 2000 to carry on the regulated activity of administering a benchmark.
In accordance with Article 27 of the BMR, NCFX provides benchmark statements for its families of benchmarks.
NCFX can be found on the FCA financial services register with firm reference number 793983. The FCA is the sole regulatory supervisor for NCFX.
For more information, please contact:
Kinga Broel-Plater Chief Commercial OfficerE-mail: [email protected]
Logo – https://mma.prnewswire.com/media/827473/oneZero_Financial_Systems_Logo.jpg
 Photo – https://mma.prnewswire.com/media/2389770/NCFX_Without_Backgroung__1.jpg

View original content:https://www.prnewswire.co.uk/news-releases/onezero-partners-with-new-change-fx-to-boost-client-trading-performance-302119685.html

Continue Reading

Trending