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ATR Optimizes Inventory Management with Syncron

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Top regional aircraft manufacturer strengthens service capabilities with AI-driven efficiency and predictive analytics
STOCKHOLM, Oct. 23, 2024 /PRNewswire/ — Syncron, a leading provider of intelligent Service Lifecycle Management solutions, today announced that ATR, the world’s number one regional aircraft manufacturer, has selected Syncron’s Parts Planning software to improve the reliability, accuracy, and consistency of its inventory management.

ATR, based in Blagnac, France, is known for its innovative, efficient, and low-emission aircraft, which are flown by 200 airlines in over 100 countries. Maintaining resiliency in a challenging global context, with supply chain instability across the industry, required a modern solution able to support the company’s commitment to quality service. The company has returned to growth over the past year, and required a solution able to scale with its operations. ATR chose Syncron’s cloud-based platform to optimize its inventory operations and further its commitment of accelerating sustainable connections to the 1,300 airports ATR aircraft serve.
Syncron’s Parts Planning platform will help ATR better forecast the complex demand patterns for its aircraft parts and inventory. Using AI, machine learning, and advanced analytics, Parts Planning accurately tracks demand trends and configures advanced simulations to plan and predict parts service needs, maximizing availability, minimizing waste, and reducing carbon emissions by reducing unnecessary or rushed orders.
“Our top priority is delivering innovative, efficient, and responsible aircraft technology to our airline customers, while providing exceptional aftermarket support,” said Costantino Chiancarella, Head of Spares BU and Material Operations at ATR. “By moving our operations to Syncron’s Parts Planning solution, we’ll enhance service speed and efficiency, maintain our high standards of customer satisfaction, and strengthen partnerships as we continue to grow.”
The evolution of Syncron’s platform is shaped by the strong partnerships built with customers. Working closely with ATR, Syncron has begun to identify valuable enhancements to implement that meet the unique demands and complexities of the aviation industry. This collaborative approach ensures not only immediate needs are addressed but also continues the drive for innovation, positioning both Syncron and ATR for long-term success in an industry that is constantly transforming.
“At ATR, we know we’ve found a dedicated partner in Syncron, and are confident this collaboration will lead to a long and mutually beneficial relationship,” said Roman Peisson, Head of Inventory Planning at ATR. “When we began our search for a new advanced planning system, our goal was to find a partner that was as invested in our growth as we are. We are excited to have found that with Syncron.”
“Precise parts planning is essential in dynamic, complex aftermarket supply chains such as aircraft manufacturing,” said Claudine Bianchi, Chief Marketing Officer at Syncron. “Our software gives ATR clarity and control over their inventory data to optimize their service organization, better serve their customers, and accelerate growth. ATR’s adoption of Syncron Parts Planning will help them steer their growth in line with their mission for sustainable, continuous innovation, and have a lasting impact on the industry.”
About SyncronSyncron helps manufacturers and distributors capitalize on the new service economy by increasing customer loyalty and optimizing aftermarket profitability. Syncron’s integrated, scalable, state-of-the-art Service Lifecycle Management (SLM) cloud platform puts data at the heart of aftermarket operations to unlock service synergies, significant revenue opportunities and help companies differentiate themselves with exceptional aftermarket customer experiences. The world’s top brands trust Syncron, making it the largest privately-owned global leader in intelligent SLM SaaS solutions. For more, visit syncron.com.
About ATRATR is the world number one regional aircraft manufacturer with its ATR 42 and 72, the best-selling aircraft in the below 90-seat market segment. The unifying vision of the company is to accelerate sustainable connections for people, communities and businesses, no matter how remote. Flown by some 200 airlines in over 100 countries, ATR aircraft opened 160 new routes in 2023, facilitating the development of territories and enabling access to crucial services like healthcare and education. Thanks to ATR’s focus on continuous innovation and the intrinsic efficiency of the turboprop technology, ATR aircraft are the most advanced, versatile, cost-effective and lowest-emission regional aircraft on the market, emitting 45% less CO2 than similar-size regional jets. In January 2022, we flew the first ever commercial aircraft using 100% SAF in both engines. ATR is a joint-venture between Airbus and Leonardo.
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Hexaware Achieves the Guidewire PartnerConnect Consulting Program Cloud Specialization for the EMEA Region

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ISELIN, N.J., Oct. 23, 2024 /PRNewswire/ — Hexaware Technologies, an IT services and solutions company, announced it has earned the Guidewire PartnerConnect Program Cloud – EMEA specialization. Hexaware is a Guidewire PartnerConnect Consulting partner at the Advantage level. This recognition underscores Hexaware’s experience delivering cloud-based solutions using Guidewire’s technology across Europe, the Middle East, and Africa (EMEA).

Hexaware has been working with Guidewire to deliver solutions that meet insurance companies’ needs. This specialization is expected to strengthen the relationship between the two companies and help Hexaware expand its offerings to a broader range of customers.
“This achievement validates our efforts to help P&C insurers modernize their platforms and deliver value to our customers. By leveraging the Guidewire Cloud platform, we can help insurers accelerate their digital transformation journey to achieve better business outcomes,” said Milan Bhatt, President & Global Head, Healthcare & Insurance, Hexaware.
Guidewire specializations are regionally and globally based and require partners to demonstrate skills, knowledge, and competency in Guidewire products. Achieving specializations provides insurers with clarity and insight into partners’ capabilities. In addition, partners with specializations can promote their capabilities across Guidewire products and solutions.
“We congratulate Hexaware on achieving the Guidewire PartnerConnect Program Cloud – EMEA specialization. We are pleased to recognize their expertise and capabilities and look forward to continuing our work together to contribute to the success of our mutual customers,” said Molly Black, Senior Director of Partner Programs and Enablement, Guidewire Software.
About Hexaware
Hexaware is a global technology and business process services company. Every day, Hexawarians wake up with a singular purpose; to create smiles through great people and technology. With offices across the world, we empower enterprises worldwide to realize digital transformation at scale and speed by partnering with them to build, transform, run, and optimize their technology and business processes.
“Hexaware Technologies Limited (the “Company”) is proposing, subject to receipt of requisite approvals, market conditions and other considerations, to make an initial public offer of its equity shares and has filed a draft red herring prospectus dated September 6, 2024 (“DRHP”) with the Securities and Exchange Board of India (SEBI). The DRHP is available on the websites of our Company, at www.hexaware.com, SEBI at www.sebi.gov.in as well as on the websites of the book running lead managers, Kotak Mahindra Capital Company Limited, Citigroup Global Markets India Private Limited, J.P. Morgan India Private Limited, HSBC Securities and Capital Markets (India) Private Limited, and IIFL Securities Limited, at https://investmentbank.kotak.com, www.online.citibank.co.in/rhtm/citigroupglobalscreen1.htm, www.jpmipl.com, https://www.business.hsbc.co.in/en-gb/regulations/hsbc-securities-and-capital-market, and www.iiflcap.com respectively, and the websites of the stock exchange(s) at www.nseindia.com and www.bseindia.com, respectively. Any potential investor should note that investment in equity shares involves a high degree of risk and for details relating to such risk, see “Risk Factors” of the RHP, when available. Potential investors should not rely on the DRHP for any investment decision.”
Learn more about Hexaware at https://www.hexaware.com
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New GSMA report shows mobile internet connectivity continues to grow globally

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LONDON, Oct. 23, 2024 /PRNewswire/ — The benefits of mobile connectivity have yet to be fully realised as 43% of the global population – equivalent to 3.45 billion people – still do not use mobile internet, according to the latest GSMA ‘State of Mobile Internet Connectivity 2024’ report.

While the proportion of the global population using mobile internet on their own device continues to increase annually, the rate of user growth is slowing. 160 million people started using mobile internet last year, compared to 2015-2021 when more than 200 million new users were added each year.
Closing the gaps
The findings from the latest report – funded by the UK Foreign, Commonwealth and Development Office (FCDO) and the Swedish International Development Cooperation Agency (Sida) via the GSMA Mobile for Development Foundation – include:
4.6 billion people (57% of the global population) now use mobile internet on their own device350 million people (4% of the global population) live in areas without mobile internet networks (the coverage gap)3.1 billion people (39% of the global population) live within mobile internet coverage but do not use it (the usage gap). The usage gap is nine times the size of the coverage gapIn Sub-Saharan Africa, only 27% of the population use mobile internet services, leaving a 13% coverage gap and 60% usage gapClosing the usage gap would be worth an estimated $3.5 trillion to the global economy during 2023-2030, with 90% of this impact benefiting low- and middle-income countries (LMICs).
For the unconnected in LMICs, device affordability and digital skills and literacy are the main barriers to mobile internet adoption.
In these countries, entry-level internet-enabled devices cost 18% of average monthly income, with this rising to 51% for the world’s poorest 20%. In Sub-Saharan Africa, which accounts for a quarter of the global unconnected population, this rises to 99% of average monthly income for the region’s poorest 20%.
John Giusti, Chief Regulatory Officer at the GSMA, said: “Despite continued progress in expanding the reach of network infrastructure and in increasing mobile internet adoption, significant digital divides remain.
“Collaboration among governments, international organisations and the mobile industry is essential to addressing barriers such as affordability, digital skills, and awareness of the mobile internet and its benefits. This effort must also focus on investing in local digital ecosystems and ensuring robust online safety frameworks.”
For more click here
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GITEX GLOBAL 2024 | Huawei’s Global Optical Summit: Accelerate F5G-A, Amplify Intelligence

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DUBAI, UAE, Oct. 23, 2024 /PRNewswire/ — During GITEX GLOBAL 2024, Huawei Global Optical Summit was successfully held in Dubai, UAE. Themed “Accelerate F5G-A, Amplify Intelligence”, the summit attracted more than 300 industry experts, customers, and partners from many countries around the world. At the summit, focusing on the “3 In 3 Out” trends, Huawei released a series of F5G Advanced (F5G-A) products for the Middle East, Central Asia, and Africa.

“The Middle East and Central Asia are the pace-setters for digital economy growth across the world.” Said Steven Yi, President of Huawei Middle East and Central Asia Region. “Having engaged in the Middle East and Central Asia for more than 20 years, Huawei has continuously contributed to local economic and social development with its digital infrastructure, including optical networks. In the intelligent era, optical networks are facing new development opportunities. With the advantages of ultra-high bandwidth, high reliability, and green development, optical networks will play a greater role in industrial intelligence in home, campus, industry production network, and sensing fields. Huawei will work with customers and partners to promote the application of optical technologies in the industry and accelerate the digital and intelligent transformation of various industries.”
Bob Chen, President of Huawei Optical Business Product Line, pointed out in his keynote speech that the next decade will be an intelligent one in which the optical industry will face new opportunities of “3 In 3 Out”. For intelligent connectivity, homes and campuses are evolving from gigabit to 10G as optical fibers replace copper cables. This trend has been dubbed “Fiber-in Copper-out”. Moreover, on the industry communications networks of industries like electric power and transportation, SDH is evolving to fgOTN at an increasing pace, which is called “fgOTN-in SDH-out”. For intelligent sensing, in scenarios such as oil and gas pipeline inspection and perimeter inspection, manual onsite operations will be replaced by remote operations. This will require converged sensing such as vision and fiber sensing, which is a trend called “Optical-sensing-in Hard-work-out”.
Focusing on the “3 In 3 Out” trends, Huawei is dedicated to developing innovative products and solutions.
In the ” Fiber-in Copper-out ” campus scenario, Huawei has updated its FTTO 2.0 solution by launching OptiXstar P884E, the industry’s first high-density 10G optical terminal, achieving 25G coverage. Four Huawei OptiXstar series Wi-Fi 7 optical terminals and optical gateways are released for hospitals, hotels, and education networks to develop new standard configuration for digital and intelligent Wi-Fi 7 campuses.
“fgOTN-in SDH-out” scenario, Huawei launched OptiXtrans E6600/9600 — the industry’s first optical transmission product portfolio that offers E2E support for the fgOTN standard, building solid and reliable communications networks for industries such as electric power and transportation.
In terms of “Optical-sensing-in Hard-work-out”, Gavin Gu, President of Huawei’s Enterprise Optical Network Domain, delivered a keynote speech. Gu noted that Huawei has launched the buried optical cable inspection solution to implement proactive warning of cable damage events, achieving an alarm accuracy of 95%, which is industry-leading. This ensures the security of important communications cables for ISPs, carriers, and governments. In addition, Huawei launched the lightweight perimeter inspection solution, which extends the perimeter inspection capability of optical fiber sensing to small-scale campus scenarios such as substations, oil and gas stations, and data centers.
Looking ahead, Huawei will continue to innovate and work with all global customers and partners to seize new “3 In 3 Out” opportunities, and to accelerate industrial intelligence, achieving win-win results in the intelligent era.
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