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Locus Robotics Named to Inc. 5000 list for 3rd Consecutive Year

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Leading Warehouse Robotics Company Again Ranked as One of the Fastest Growing Companies in US by the Business Publication 
WILMINGTON, Mass., Aug. 15, 2023 /PRNewswire/ — Locus Robotics, a global leader in autonomous mobile robots (AMRs) for warehouse automation, was again named to the Inc. 5000 list, marking the 3rd year in a row that the company has appeared on the prestigious list. The list, published annually by Inc. Magazine, recognizes the fastest-growing private companies in the United States and celebrates their outstanding achievements in business development and innovation. 
“We are incredibly proud and honored to again be recognized on the Inc. 5000 list,” said Rick Faulk, CEO of Locus Robotics. “This achievement acknowledges not only the dedication and hard work of our team, but also a reflection of the growing importance of warehouse automation in today’s dynamic business landscape. As we continue to revolutionize the industry with our innovative, AI-powered robotics solutions, we remain committed to driving operational efficiencies for our customers and empowering the human workforce with cutting-edge technology that leads the way in transforming the future of warehousing and logistics.” 
“Running a business has only gotten harder since the end of the pandemic,” says Inc. editor in chief Scott Omelianuk. “To make the Inc. 5000 with the fast growth that requires is truly an accomplishment. Inc. is thrilled to honor the companies that are building our future.”
The AI and data science-driven LocusOne Warehouse Automation Platform enables the smooth orchestration of enterprise-scale, multi-form factor robotics automation within a single coordinated platform. LocusOne optimizes robotic task allocation, route planning, and resource use, while delivering real-time insights into warehouse operations. The LocusOne solution enables labor-strapped 3PL, retail, health care, and manufacturing businesses to optimize productivity in their operations, reduce costs, and stay competitive in the rapidly evolving fulfillment warehouse landscape. 
“Locus Robotics’ third consecutive appearance on the Inc. 5000 list is a testament to their continued excellence and leadership in the warehouse automation sector,” said Ash Sharma, Managing Director – Interact Analysis. “Locus’s innovative approach to leveraging autonomous mobile robots underscores not only their strong growth trajectory but also their significant contribution to reshaping the logistics landscape around the world.”
The company’s commitment to excellence and customer satisfaction has earned Locus Robotics a rapidly expanding customer base across a wide range of industries, including e-commerce, retail, and third-party logistics (3PL) providers. Its transformative impact on the logistics sector has garnered attention from industry leaders and investors alike, leading to significant funding rounds and strategic partnerships. 
Locus Robotics’ innovative AMRs are designed to work collaboratively with human associates, enhancing human productivity and improving the overall efficiency of order fulfillment processes. Leveraging cutting-edge technology, advanced algorithms, and real-time data analysis, Locus Robotics’ solutions enable companies to optimize their warehouse layout, reduce travel time, and achieve higher accuracy rates, ultimately resulting in faster order processing and reduced operational costs. 
The Inc. 5000 recognition reflects Locus Robotics’ impressive growth rate over the past several years and solidifies its position as a trailblazer in the robotics industry. As the demand for automation and intelligent robotics solutions continues to grow, Locus Robotics remains dedicated to pushing the boundaries of innovation and helping businesses build a more efficient and productive future. 
About Locus Robotics 
Locus Robotics is the world’s leading  enterprise-level, warehouse automation solution, incorporating powerful and intelligent, AI-driven autonomous mobile robots (AMRs) that operate collaboratively with human workers to dramatically improve product movement and productivity 2-3X. Supporting more than 120 of the world’s top brands and deployed at more than 270 sites around the world, Locus Robotics enables retailers, 3PLs, and specialty warehouses to efficiently meet and exceed the increasingly complex and demanding requirements of today’s fulfillment environments.  
Named to the Inc. 5000 three years in a row, and winning dozens of industry and technology awards, the Locus solution dramatically increases order fulfillment productivity, lowers operational costs, and improves workplace quality, safety, and ergonomics for workers.  For more information, visit www.locusrobotics.com.     
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View original content:https://www.prnewswire.co.uk/news-releases/locus-robotics-named-to-inc-5000-list-for-3rd-consecutive-year-301900831.html

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Colehouse Group acquisition of Dragonfly set to transform tech-enabled consulting

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LONDON, Oct. 10, 2024 /PRNewswire/ — Colehouse Group a leading UK-based financial services & government change & transformation consultancy has acquired tech-enabled services consultancy Dragonfly. This acquisition creates a dynamic portfolio of services integrating AI technology capabilities with consulting expertise. The collaboration will deliver powerful, end-to-end solutions that address growing demands for digital transformation, optimal project delivery, and growth.

This partnership addresses client demand to move away from the larger, broad-service providers to niche, specialised transformation and change consultants using cutting-edge AI technology to drive greater efficiencies in project delivery.
The acquisition will enable Colehouse to fuse AI technology with top-tier consulting talent to compete with traditional offshore models enabling more effective client integration, delivery optimisation and scalability.
Colehouse has delivered some of the most complex technology programmes in the UK from upgrading the UK’s Critical National Payments Infrastructure to banking post-merger integrations. 
Phil Tootell, CEO of Colehouse Group said: “I’m excited by what we can now deliver for our clients. They will benefit from a powerful fusion of innovative technology and consulting expertise, enabling them to deliver more, faster, at better value.”
This move strengthens Colehouse’s proficiency, combining its in-depth experience and knowledge in transformation-and-change management with Dragonfly’s advanced AI-technological solutions, such as SaaS platform Neuro.
UK-focused Dragonfly is a highly trusted consulting firm with a track record of supporting the successful delivery of technology and testing across financial services, government, standards bodies, and healthcare. Dragonfly is the only firm in the UK authorised to provide AI-testing certification.
Stacey Howard, CEO of Dragonfly said: “Combining forces with Colehouse allows us to provide more holistic change and transformation, strengthening our value proposition for our clients. We look forward to joining the Colehouse team and continuing to grow together.”
Company information
Colehouse Group
The Colehouse Group is one of the fastest-growing mid-tier change-management consultancies, specialising in effectively delivering complex change initiatives across all sectors. Its strength lies in the ability to relate and apply its wealth of experience to any project.
Dragonfly
Dragonfly is a UK-based consultancy with a track record of supporting the successful delivery of technology and testing across many sectors. Dragonfly’s AI-driven platform Neuro provides complete visibility of an organisation’s engineering and quality performance.
Media contacts
Kirsty Lyons Email: [email protected] Tel: +44 7525 931400
Dan O’Connor Email: [email protected]: +44 7525 751090
Website: https://colehousegroup.com Website: https://www.wearedragonfly.coLinkedIn: https://www.linkedin.com/company/colehouse-td
 

View original content:https://www.prnewswire.co.uk/news-releases/colehouse-group-acquisition-of-dragonfly-set-to-transform-tech-enabled-consulting-302271839.html

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Hyundai Motor Celebrates Production Milestone of 100 Million Vehicles with ‘One step further’ Exhibition

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Exhibition showcases driving forces behind achieving global production of 100 million vehicles and thanks customers for their unwavering supportJourney begins with first model ‘Cortina Mark 2’ and the Pony, Hyundai Motor’s first independently developed modelThree iconic models ‒ SONATA, ELANTRA and Scoupe – highlight Hyundai’s drive to go ‘one step further’ in design, production and engineeringModern SUV and EV lineups reinforce Hyundai Motor’s transformation from traditional automaker to smart mobility solutions providerSEOUL, South Korea, Oct. 10, 2024 /PRNewswire/ — Hyundai Motor Company is marking its historic achievement of producing 100 million vehicles worldwide with the grand opening of its ‘One step further’ exhibition at Hyundai Motorstudio Seoul. The exhibition showcases the driving forces behind the 100-million-unit production milestone and conveys Hyundai’s gratitude to those customers who have been part of the journey.

This exhibition is a continuation of the 100 million production celebration held at Hyundai Motor’s Ulsan Plant on September 30. At that event, the company delivered the 100 million and first vehicle, an IONIQ 5, to its new owner, representing the brand’s gratitude to its customers for their unwavering support.
“It takes thousands of parts and pieces to build a car, with combined efforts of millions of people involved in R&D, design and manufacturing over many years,” said Sungwon Jee, Senior Vice President and Global Chief Marketing Officer at Hyundai Motor Company. “We wanted to shed light on these behind-the-scenes efforts that went into producing 100 million vehicles and tell the story of Hyundai Motor’s transformation from a traditional automaker to a leading smart mobility solutions provider.”
Spanning five floors, the exhibition begins on the first floor by introducing the Cortina Mark 2, Hyundai Motor’s first production model; and the Pony, Hyundai Motor’s first independently developed model. The exhibition continues on the second floor where the history of major Hyundai Motor plants is showcased.
The third floor highlights key drivers in achieving the 100 million production milestone, focusing on three iconic models: the first-generation SONATA, the first-generation ELANTRA and Scoupe.
The fourth and fifth floors feature the brand’s modern SUV lineup – SANTA FE, KONA and INSTER; and electric vehicle (EV) lineup – IONIQ 5, IONIQ 5 N and IONIQ 6, looking ahead to Hyundai Motor’s future as it moves forward from a traditional automaker to a smart mobility solutions provider.
Visit Hyundai Newsroom for more information
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View original content:https://www.prnewswire.co.uk/news-releases/hyundai-motor-celebrates-production-milestone-of-100-million-vehicles-with-one-step-further-exhibition-302272283.html

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CYRISMA, a leading Risk Management Platform for MSPs, secures $7 million Growth Equity Financing led by Blueprint Equity

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ROCHESTER, N.Y., Oct. 9, 2024 /PRNewswire/ — CYRISMA, an all-in-one risk management platform, announced its Series A financing today. Led by Blueprint Equity, with participation from SaaS Venture and Golden Ventures, the funding will accelerate CYRISMA’s platform development, fuel customer success, and expand sales and marketing initiatives.

CYRISMA accelerates security programs for MSPs by providing a cost-effective, all-in-one solution to identify, prioritize, and remediate vulnerabilities, track compliance requirements, and manage AI security risk.
“In partnering with Blueprint Equity, we are excited to leverage their expertise and resources to further enhance our platform and support our customers,” said Liam Downward, co-founder and CPO of CYRISMA. “This investment will allow us to continue delivering an affordable and comprehensive risk management solution, empowering MSPs to protect their clients effectively. Additionally, it enables us to enter into new markets, expanding our reach and increasing brand awareness.”
Blueprint Equity’s Sheldon Lewis, who will join CYRISMA’s Board of Directors, commented, “With the rise of security threats for SMBs, there’s been an increasing number of businesses outsourcing their cybersecurity to MSPs. This has accelerated demand in the market for strong, multi-tenant cybersecurity solutions for MSPs to best serve their clients.” He added, “We were drawn to the breadth of the CYRISMA platform and their strong customer satisfaction. Oliver Downward, CEO, Liam, and the team have an unparalleled insight into the MSP market, and we’re honored to partner with CYRISMA during their next phase of growth.”
About CYRISMA
CYRISMA is an all-in-one risk management platform for Managed Service Providers. With the rise in security threats and demand for cybersecurity services, CYRISMA provides MSPs with an effective, all-in-one solution to manage their cybersecurity initiatives for clients in a multi-tenant platform. To schedule a demo of CYRISMA, please visit https://www.cyrisma.com/.
About Blueprint Equity
Blueprint Equity provides expansion capital to high-growth, capital-efficient enterprise software and technology-enabled services businesses worldwide. Blueprint has $275 million of assets under management and is based in La Jolla, CA. For more information, please visit www.onblueprint.com.
Media Contact:Oliver [email protected]

View original content:https://www.prnewswire.co.uk/news-releases/cyrisma-a-leading-risk-management-platform-for-msps-secures-7-million-growth-equity-financing-led-by-blueprint-equity-302271854.html

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