Artificial Intelligence
Dutch Royal couple to pay working visit to California and Texas
Washington, Aug. 01, 2022 (GLOBE NEWSWIRE) — His Majesty King Willem-Alexander and Her Majesty Queen Máxima will pay a working visit to San Francisco and Silicon Valley (California) and Austin and Houston (Texas) from September 6-9, 2022.
The King and Queen will be accompanied by Dutch Minister for Foreign Trade and Development Cooperation Liesje Schreinemacher. The trip will also include the participation of Dutch Minister of Health, Welfare and Sport Ernst Kuipers; Dutch Minister of Education, Culture and Science Robert Dijkgraaf; Aruban Minister of Economic Affairs, Communication and Sustainable Development Geoffrey Wever; Aruban Minister of Public Health and Tourism Dangui Oduber; and Dutch Minister for the Environment Vivianne Heijnen.
This working visit underscores the strong economic ties the Netherlands has with California and Texas. The Netherlands is Texas’ leading EU trading partner. California and Texas are the fifth-largest and ninth largest economies in the world and, in that light, attractive partners for the Netherlands for deeper economic cooperation. In addition, transatlantic cooperation is essential for safeguarding the security and prosperity of the Kingdom of the Netherlands. The United States is our most important partner within NATO and is also a major partner when it comes to global challenges like climate change, the energy transition, mobility, urbanization, and healthcare.
Parallel to this working visit, there will be a trade mission to San Francisco and Los Angeles featuring companies from the life sciences & health sector and the urban mobility & cycling sector. A delegation of CEOs from the Confederation of Netherlands Industry and Employers (VNO-NCW) will also participate in this trip to California and Texas. These companies will exchange ideas with partners from the US about expanding economic cooperation and addressing social challenges.
September 6-7: San Francisco Bay Area
On Tuesday morning, the royal couple will be welcomed at San Francisco City Hall by Mayor London Breed. They will then visit the city’s iconic Castro Street, the heart of San Francisco’s LGBTI+ community. There they will speak with activists who advocate for equal rights for LGBTI+ people.
Following that, the King and Queen will attend events relating to the trade mission. They will join Mayor Breed for the opening of the “Urban Challenges” seminar, which looks at ongoing urbanization and shared challenges faced by the Netherlands and California in areas like health, mobility, and sustainability. The seminar will be an opportunity for the American cities of San Francisco and Los Angeles and the Dutch cities of Rotterdam and Utrecht to share experiences and solutions that contribute to a sustainable living environment.
Later in the morning, the royal couple will meet Governor Gavin Newsom, who will then join them for a discussion with VNO-NCW. This meeting will explore opportunities for cooperation and existing projects between the Netherlands and California. The Netherlands and California have been working together for many years to find innovative solutions to address climate change, and they are now broadening their collaboration to include the circular economy. Afterwards, King Willem-Alexander will attend the opening of a roundtable discussion on the climate and the circular economy, while Queen Máxima will attend a presentation on cooperation in the area of climate and agri-tech.
In the afternoon they will visit the University of California San Francisco Medical Center. At a seminar on digital health they will learn more about Dutch innovations and various public-private Dutch-American initiatives in the health sciences.
Later, King Willem-Alexander and Queen Máxima will be present for a meeting of CEOs at the San Francisco Conservatory of Music. The meeting’s theme will be “Economic Ties and Shared Challenges.” Several US tech and other companies with offices in the Netherlands will also take part. Participants will talk about what they are doing to help combat climate change and improve global health. On Tuesday evening, the royal couple will attend a networking reception at San Francisco City Hall, where King Willem-Alexander will deliver a speech.
On the morning of Wednesday, September 7, the King will visit the University of California, Berkeley. This world-renowned university has played a key role in the success of Silicon Valley and has strong ties with the Netherlands. For example, Berkeley offers a program in Dutch studies and is home to the Queen Beatrix Chair of Dutch Language, Literature and Culture. King Willem-Alexander’s visit will coincide with the program’s 50th anniversary.
In the afternoon, Education Minister Robert Dijkgraaf will launch the Dutch Network for Academics in the US (DNA-US), which will aim to promote knowledge-sharing between Dutch researchers in the US. The King will speak with faculty members and students in the Dutch program. He will also speak with representatives of the Dutch academic community and enterprising researchers and about the key role played by California’s universities in academic entrepreneurship and the transfer and further development of new technologies.
Queen Máxima’s morning program will begin with a visit to the Dutch company HackerOne, a tech firm with roots in Groningen and headquarters in San Francisco. HackerOne is a platform that enables ethical hackers to earn money by tracing security leaks at major companies. Queen Máxima will talk with the company’s founders about how ethical hackers help ensure the security of companies in cyberspace and will observe them at work. Following these visits, King Willem-Alexander and Queen Máxima will join each other at a location near the Golden Gate Bridge.
On Wednesday afternoon, the royal couple will visit Google’s headquarters. This visit will focus on Google’s ambitions in the realm of climate action, sustainable solutions, and innovations that help combat climate change, and on Google’s role in the Netherlands.
The King and Queen will then visit Stanford University, in the heart of Silicon Valley. Upon arrival they will be given a short tour by the president of the university. They will then meet with the Ecomotive Team of Eindhoven University of Technology, which has succeeded in developing a car made entirely of circular material. Following that, the royal couple will speak with Dutch researchers, students, and innovators who work and study in Silicon Valley, including the Dutch-American Nobel laureate Guido Imbens.
At the Holland in the Valley event, the royal couple will meet Dutch people who work for US tech companies or have their own startup. King Willem-Alexander will give a brief speech. During a pitch session, startups from the ScaleNL accelerator program will be given the opportunity to present their companies to the assembled Dutch business delegation and representatives of Silicon Valley companies.
Afterwards, at a seminar on artificial intelligence, King Willem-Alexander and Queen Máxima will be given insight into the role played by Dutch companies in the further development of AI in mobility and healthcare.
Thursday, September 8: Austin
Thursday morning marks the start of the royal couple’s visit to Texas, where they will be received by Governor Greg Abbott at the historic Governor’s Mansion. This meeting will focus on the close economic ties between the Netherlands and Texas.
Following that, the King and Queen will meet with Mayor Steve Adler at Austin City Hall. Austin leads the way in the area of mobility and technological innovation and home to companies like NXP, Tesla, Dell, and Oracle. Over 10 years ago, the city began implementing an ambitious plan to create safe cycling infrastructure, with the help of Dutch expertise. To mark that noteworthy anniversary, Mayor Adler will issue a proclamation. He will then accompany the royal couple on a short bicycle ride to Austin’s public library whose design was inspired by the Amsterdam public library and the Mediatheek media library in Delft.
After this bicycle ride, King Willem-Alexander and Queen Máxima will visit the Capital Factory innovation center, where they will attend an event for local startups, tech companies, and investors. Representatives of innovative Dutch companies will also be present to share their experiences about building an ecosystem that promotes entrepreneurship and business-to-business cooperation. Austin is a growing tech hub, which offers opportunities for Dutch startups and tech firms.
Another issue central to this part of the program is health. In the afternoon, the royal couple will attend a seminar on innovation and digitalization for future-proof healthcare.
After this seminar, King Willem-Alexander will visit Fort Hood, where Dutch soldiers have been trained for over a quarter of a century. The theme of the visit will be international security and cooperation between the Dutch and US armies. The King will speak with Dutch and American soldiers in a hangar where Dutch Chinook and Apache helicopters are stationed.
At that same time, Queen Máxima will visit the Hogg Foundation at Kerr Community Center in Bastrop County. The foundation promotes mental health and resilience and supports integrated mental healthcare in everyday life. Queen Máxima will speak with young people and doctors about initiatives that support children, young people, and their families and which help them to become more resilient in the face of mental health issues.
The day will end with a visit to Austin FC soccer team. In Texas, sports plays a major role in terms of cooperation between innovation hubs and Dutch high-tech and sporting organizations. Austin FC has also made use of a Dutch innovation: smart lighting to help the grass on the field grow. The King and Queen will be given a tour of the stadium and meet the owners, including Dutchman Marius Haas, who also serves as honorary consul in Austin. They will also speak with coaches, Dutch player Danny Hoesen and the youth team, which is taking part in a training camp in the Netherlands this summer. After the stadium tour there will be a dinner attended by both Dutch and American guests, at which King Willem-Alexander will give a speech. The focus of the dinner will be on collaboration between the Dutch and Texan business communities.
Friday, September 9: Houston
The last day of the visit will take place in Houston. Here, the royal couple will be received by Mayor Sylvester Turner. Like the Netherlands, Texas has to deal with the effects of rising sea levels and increasingly extreme weather conditions. In 2017, Hurricane Harvey caused severe damage. King Willem-Alexander and Queen Máxima will conclude the morning as participants in a roundtable discussion about ways of protecting the city from flooding. Dutch companies can contribute to these efforts with their knowledge and experience. Afterwards, the royal couple will take a short boat trip on the Buffalo Bayou waterway where they will be given a brief insight into the measures Houston has taken improve its flood defenses. The boat trip will end at the Cistern, a former underground reservoir in Buffalo Bayou Park.
In the afternoon, King Willem-Alexander will attend several roundtable discussions in which participants will share their experiences with coastal defense and the use of port infrastructure to promote the energy transition through, for example, hydrogen and carbon capture and storage. There are various important parallels between the Netherlands and Texas with regard to the energy transition. Rotterdam and Houston are both ports and hubs in the energy sector, for instance.
Queen Máxima will start the afternoon with an informal lunch with Dutch and Texan female role models from the worlds of business and politics. The lunch, which will take place in the boardroom of the Texas Medical Center, will focus on leadership and diversity. Afterwards, Queen Máxima will be given a tour of the Texas Medical Center’s innovation center. The size of the medical center and the number of treatments offered give rise to opportunities for Dutch institutions and companies involved in innovation and digitalization for future-proof healthcare. Queen Máxima will then visit MD Anderson Cancer Center, where she will learn more about innovative cancer treatments. She will also be given a tour of the children’s ward.
The working visit will conclude with a reception at the Museum of Fine Arts attended by representatives of US and Dutch companies in Texas. King Willem-Alexander will deliver a short speech.
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Artificial Intelligence
oToBrite Unveils Automotive-Grade 5MP/8MP Camera Modules to Meet Soaring Demand for High-Level ADAS/Autonomous Driving
HSINCHU, Sept. 28, 2023 /PRNewswire/ — oToBrite, a prominent provider of Vision-AI ADAS/AD solutions, has unveiled its latest offering in response to the surging demand for high-level Advanced Driver Assistance Systems (ADAS) and Autonomous Driving (AD) applications. With the need for enhanced perception technology, particularly for heavy commercial vehicles, as the heavier the vehicle is, the longer it will take to stop, oToBrite has successfully introduced automotive-grade 5MP/8MP camera modules. These cutting-edge modules can improve the visibility and perception capabilities of ADAS/AD systems, and have been adopted among clients in North America.
oToBrite has been a leading tier-1 player for vision-AI ADAS/AD solution in the automotive industry, leveraging its full-stack capabilities spanning camera module production technology, edge-computing system design, and vision-AI model development. The company offers flexible business model and comprehensive vision-AI technology stack, enabling it to provide system solutions, camera modules, or AI IP licensing to cater to diverse customer requirements. Its automotive-grade camera modules have already garnered the trust of prominent clients and entered the supply chain of car OEMs such as Luxgen, SONY, Toyota, XPENG, etc. with over 1 million automotive-grade camera modules deployed. To learn more about oToBrite’s offerings, please visit https://www.otobrite.com/en.
The newly launched 5MP/8MP camera modules from oToBrite feature high-sensitivity CMOS sensors. oToBrite’s 5MP camera module series is equipped with Sony IMX490 Sensor and has multiple viewing angles, including 30°, 60°, 90°, and 120°. The 8MP camera module series employs Sony IMX728 sensors and also offers various viewing angles. Both 5MP and 8MP series are equipped with GMSL2 interfaces and tested with waterproof and dustproof standards of IP67/69K. They can operate within a temperature range of -40°C to +85°C, ensuring the utmost reliability and stability for customers.
oToBrite holds a distinct advantage in camera production technology, with 1K class clean room factory certified with IATF16949 and endorsed by several leading car OEMs. Additionally, the in-house developed 5/6-axis active alignment machine for high-end camera modules exhibits the capability to manufacture over 60 SKU variants of camera modules.
About oToBrite
oToBrite is a leading vison-AI ADAS/AD solutions provider. Based in Hsinchu Science Park, oToBrite has IATF 16949 certified clean room factory and several years of experience as an automotive Tier-1 supplier. Through comprehensive research and development capabilities, oToBrite provides vision-AI algorithm, ECU/domain controller and automotive-grade/special purpose camera products.
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Artificial Intelligence
CFOs are the change agents driving shift to servitized business model to harness growth, cost efficiency and technology opportunities
Time for action is now: Customer expectations for servitization already exist (61%) and projected to increase (70%) in the next three years, in terms of value, service and reliability.
LONDON, Sept. 28, 2023 /PRNewswire/ — IFS, the global cloud enterprise software company, has shared the latest findings of its recent global research polling 2,000 senior decision-makers – VP and above – in France, Germany, Japan, Nordics, UK, USA and the UAE –across Manufacturing, Services, Telecoms, Energy & Resources, Construction & Engineering, and A&D industries. In its last overview, the company highlighted the overarching dependence on AI to create and accelerate business value from servitization.
The survey points to specific executives as drivers or enablers to successfully make the shift and align the organization behind it. The survey highlights the CFO (21%) behind the CEO (35%) as the guardian of business resilience, financial health and as the purse string holder for technology investments. CFOs recognize that the move to servitization is essential in providing predictability in revenues, expenditure and third-party costs, and are aligning themselves to becoming stewards of identifying cross-business strategies that will build competitive advantage.
At the heart of the business case for servitization, the CFO is focused on three elements: Faster and more cost-efficient time to market, visibility and predictability into revenues and CAPEX, accelerating organization alignment across people, processes and technology, to support not only the processes but also to provide the insights required to assess and optimize as they go within their business and intra-company.
CFOs exhibit the greatest urgency in implementing a servitized model out of all C-level respondents (CIOs, CHROs and CTOs), with (32%) prioritizing adoption within the next 18 months. This implies change is not only necessary but will deliver business benefits, with progress and success measured by a fully servitized P&L. CFOs are also most likely (26%) to say their role is the one driving the shift within the organization, as they understand how technology capabilities will reach deep into their organization and enable it to become more technology-driven with regards to the design and delivery of products and services: Product R&D (34%) and service R&D (32%) are two areas CFOs prioritized when looking at servitized business processes.
The priority outcome CFOs want to achieve from servitization is enhancing insight-driven decision-making capabilities (32%) – pointing to why AI is their #1 essential technology choice (49%) as it will fuel faster, more accurate and more data-led inputs into the strategic choices that impact the bottom line.
Technology as a revenue growth enhancer makes wise fiscal sense. For example, EAM is a must-have for servitization success (34%)– assets that are predictively maintained will last longer, have less downtime and result in less expenditure. FSM (40%) maximizes profitable revenue streams and enables significant cost savings across the service lifecycle through optimized workforce scheduling and planning. Similarly, the wealth of connected asset data that can be harnessed through the application of automation, ML, IoT, end-to-end connectivity – all CFO “must-implements” – explain why CFOs have emerged as such strong proponents of technology and servitization.
The CFO’s confidence about the organizational readiness is high at (42%) indicating they have the processes mapped out and are progressing well in their move to servitization, but still have either organizational impacts on people and processes (23%) or technology needs to overcome, making the CHRO the second most significant executive to drive and enable the transformation.
CHROs are more cautious about servitization readiness within the organization, being acutely aware that shifting from a product-focused to a service-focused mindset within their organizations is a barrier to implementing servitization (42%). However, CHROs are in alignment with the CFO on customer expectations for servitization, which are high now, and are set to increase. They also agree that technology is essential to success, with AI their top pick (50%).
Alex Rumble, SVP of Corporate Communications, Product Marketing, AR, & CI at IFS, commented: “The CFO’s remit has evolved hugely in the last decade away from financial reporting to understanding and influencing business-wide strategies and aiding transformation.” Rumble added, “Our research illustrates this very well and that CFOs not only understand the positive impact of aligning a business behind the customer’s expectations, but also the much broader business value of doing so.” She concluded: “Today CFOs are visionary advocates of change and digital transformation and will help build predictability in revenue and costs, ultimately the holy grail for CFOs but still technology dependent.”
Together, CFOs and CHROs can partner to be a powerful force to not only accelerate servitization, but also ensure that the whole organization is primed for success. CHROs must act as a secondary catalyst to mobilize cultural change, acting as a bridge between the business and ensuring the communication and implementation of the overall strategy is not siloed to the C-level.
About IFS
IFS develops and delivers cloud enterprise software for companies around the world who manufacture and distribute goods, build, and maintain assets, and manage service-focused operations. Within our single platform, our industry specific products are innately connected to a single data model and use embedded digital innovation so that our customers can be their best when it really matters to their customers – at the Moment of Service™. The industry expertise of our people and of our growing ecosystem, together with a commitment to deliver value at every single step, has made IFS a recognized leader and the most recommended supplier in our sector. Our team of over 5,500 employees every day live our values of agility, trustworthiness, and collaboration in how we support our thousands of customers. Learn more about how our enterprise software solutions can help your business today at ifs.com.
CONTACT: IFS Press Contacts: EUROPE / MEA / APJ: Adam Gillbe IFS, Director of Corporate & Executive Communications Email: [email protected] Phone: +44 7775 114 856
NORTH AMERICA / LATAM: Mairi Morgan IFS, Director of Corporate & Executive Communications Email: [email protected] Phone: +1 520 396 2155
The following files are available for download:
https://news.cision.com/ifs/i/cfos-are-the-change-agents-driving-shift-to-servitized-business-model-to-harness-growth–cost-effici,c3220272
CFOs are the change agents driving shift to servitized business model to harness growth, cost efficiency and technology opportunities
View original content:https://www.prnewswire.co.uk/news-releases/cfos-are-the-change-agents-driving-shift-to-servitized-business-model-to-harness-growth-cost-efficiency-and-technology-opportunities-301941481.html
Artificial Intelligence
Breaking language barriers: thebigword’s AI workflows enhance translation delivery on time to 99% while significantly reducing turnaround times
LEEDS, England, Sept. 27, 2023 /PRNewswire/ — thebigword, a leading provider of language solutions, is proud to announce an improvement in its on-time delivery performance and significant reduction of turnaround times. This has been made possible through a strategic fusion of human expertise and state-of-the-art AI and Machine Translation technologies.
This exciting achievement reaffirms the company’s commitment to delivering accurate and timely translations to clients worldwide, setting new industry standards.
With the ever-growing demand for rapid and high-quality translations, thebigword has taken numerous steps, including the ability to create and implement self-driving AI workflows, to ensure their clients are receiving the highest quality of translation and customer service.
Through the enhanced integration of AI and Machine Translation solutions into its translation workflows, thebigword has achieved remarkable outcomes, such as the significant reduction in turnaround times and this notable increase in on-time deliveries. With 99% of translation projects across various languages and industries delivered on time to clients, with shorter turnaround times.
thebigword’s collaborative approach leverages the strengths of their human translators with the power of AI technologies to allow for faster translation turnaround times, while maintaining the highest levels of accuracy. Their technology platform also enables quick resource allocation, ensuring that translation projects are assigned, executed and delivered quickly to reduce delivery times.
Joshua Gould, Chief Executive Officer of thebigword Group said: “thebigword is delivering a very human service with the utilisation of next-generation AI. These innovations represent an ongoing effort to enhance the overall client experience through our ability to deliver accurate, high-speed translations at an affordable price for any budget.”
Mark Daley, Global Managing Director of thebigword Translation said: “thebigword understands how crucial timely delivery of accurate translations are for the global success of our clients, and some of the latest technological integrations we have enabled have allowed us to achieve an impressive 99% as well as faster turnaround times.”
As thebigword celebrates this achievement, it looks forward to building on its success with other translation milestones and continuing to provide high-quality translation services – further enabling its mission of eradicating the final barrier of global communication.
About thebigword:
As one of the largest language service providers globally, thebigword utilises the greatest minds and boundary-shattering technology to deliver phenomenal quality at scale to both our clients and linguist network.
thebigword provides the best translation, interpretation, localisation and language technology solutions for businesses, the public sector and individuals – handling up to 50,000 worldwide assignments every day.
For more information about thebigword’s innovative AI and Machine Translation solutions, please visit www.thebigword.com.
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For media enquiries, please contact:Lauren HockneyGlobal Head of [email protected]
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