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WINT builds on success of 2023 to accelerate growth and innovation

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As organizations around the world face rising costs related to water damage and increased focus on water sustainability, WINT Water Intelligence is building on its success in 2023 to continue solving these challenges for insurance, construction, facilities, and property management companies.
In 2023, WINT helped over 400 leading global enterprises mitigate water damage and reduce their environmental footprint; these customers saved a total of 652 million gallons of water which would have resulted in the release of 22,000 metric tons of carbon emissions. In addition, WINT’s solutions prevented over 900 water damage incidents with a total damage potential of tens of millions of dollars.
WINT’s success in preventing water damage has helped accelerate the growth of its insurance network, which includes carriers, brokers, MGAs and risk-engineering firms and has nearly tripled during the year.
“The economic impact of water damage in buildings and construction sites, combined with increased water stress and scarcity, has ripple effects that impact a wide variety of industries,” said Yaron Dycian, chief product and strategy officer for WINT. “Rising insurance costs for construction and commercial and residential buildings are adding to the impact of the climate crisis and global water shortages. We’re proud that we’ve managed to help our customers avoid the pain of water damage in their facilities, and of having helped reduce the environmental impact of building on water supplies.”
Throughout the year, WINT implemented a variety of innovative solutions to help contractors, insurers and property and facilities managers meet the challenges associated with water waste and damage. Over the last 12 months, the company has:

Launched a unique performance warranty program designed to mitigate steeply rising deductible costs in the builders’ risk market. Backed by leading multi-line specialty insurance carrier HSB, part of the Munich Re family, the unprecedented warranty provides financial relief of up to $250,000 for water damage on WINT-protected construction sites. The program helps developers and general contractors concerned about the rapidly rising cost of insurance and deductibles, with exclusions specifically for water leak damage.
Completed a $35 million Series C funding round led by Inven Capital and Insight Partners, demonstrating investor confidence in the power of WINT’s AI-based water management solutions to help businesses drive growth.
Passed the incredible milestone of more than 10,000 systems installed, reaching a total of 14,000 systems, reflecting the company’s position as the leader in water management technology solutions.
Grew its customer base by 35% to 400 enterprises around the world.
Launched the advanced WINT3 platform to provide building owners, developers, general contractors and facilities managers the most powerful tools available to reduce risk and waste throughout the lifecycle of a building.
Reached a cohort of top global leaders shaping critical investment priorities in real estate and infrastructure by joining Taronga Ventures’ exclusive ESG Impact Innovation Program.

“Our achievements in 2023 reflect the serious need for lasting solutions to the problems and costs associated with leaks, water waste and water damage,” said Alon Geva, CEO of WINT. “As we continue to build on our innovation and passion for helping organizations thrive in demanding circumstances, we’re using these accomplishments as the foundation for the results we deliver to customers and our shared future success.”
WINT equips contractors, developers, owners and facility management teams with a cutting-edge solution for managing water throughout the lifecycle of a building, from construction to operation. The WINT platform includes automated leak mitigation with real-time detection and auto shutoff; unparalleled anomaly detection and analytics powered by advanced AI algorithms; and enterprise-grade management for operation in large and mid-sized facilities. WINT is used globally by customers including the Empire State Building, HP, PepsiCo, Suffolk Construction, as well as many other leading enterprises, general contractors (GCs) and facility owners.
The post WINT builds on success of 2023 to accelerate growth and innovation appeared first on Hipther Alerts.

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Prime Minister concludes successful visit from President of France to Canada

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The Prime Minister, Justin Trudeau, welcomed the President of France, Emmanuel Macron, to Canada from September 25 to 26, 2024. With stops in Ottawa, Ontario, and Montréal, Quebec, the visit helped further strengthen the close ties between our countries and advance our shared priorities.
The leaders announced three key declarations that will align Canada and France’s work to preserve peace and security, take ambitious climate action, protect the environment, and responsibly harness the full potential of artificial intelligence (AI).
The first of these three declarations, the Canada-France Declaration on a Stronger Defence and Security Partnership, underscores Canada and France’s steadfast commitment to supporting Ukraine in the face of Russia’s illegal invasion. It also reaffirms our contributions to regional stability and security in the Indo-Pacific and reflects our co-operation in managing emergencies, modernizing our armed forces, and combatting foreign interference.
The two leaders discussed shared, ongoing work to respond to the humanitarian situation in Haiti and reiterated their support for the United Nations-authorized Multinational Security Support mission in the country. Canada and France are in steadfast support of Haitian-led solutions to the conflict that will make a meaningful and lasting difference in the lives of the Haitian people – and build a better future.
Building on the progress made at the United Nations General Assembly and the Summit of the Future earlier this week, Prime Minister Trudeau and President Macron highlighted the critical importance of continued action to fight climate change and protect our oceans. In the Canada-France Declaration on the Ocean, the leaders underlined the vital role that oceans play for the environment, the climate, the economy, and food and energy security throughout the world. To advance our work, Prime Minister Trudeau announced Canada’s membership in the Paris Pact for People and the Planet. The Pact, led by France and in partnership with global leaders, emphasizes collective action to accelerate sustainable development and create opportunities to help lift vulnerable populations out of poverty.
During the visit, the Prime Minister and the President met with AI experts, entrepreneurs, and industry leaders to discuss the risks and benefits of this new technology. Canada and France have world-leading AI ecosystems, including leadership roles in the Global Partnership on Artificial Intelligence (GPAI), which has 29 members worldwide. A testament to our progress in growing a dynamic AI industry, GPAI’s first two centres of expertise opened in Canada and France. Moving forward on this work, the Prime Minister and the President announced the Canada-France Declaration on Artificial Intelligence. The Declaration reiterates our countries’ commitment to a safe use of AI that respects human rights and democratic values.
During President Macron’s visit, Canada was also named Country of the Year for the Viva Technology 2025 technology conference, which will be held in Paris next year. At this event, Canada’s delegation will collaborate with the international community and meet with thousands of visionary start-ups, investors, organizations, and researchers to leverage advances in AI to strengthen our economy, increase productivity, and create new opportunities for Canadians. SCALE AI, Canada’s Global Innovation Cluster dedicated to AI, will lead Canada’s business delegation.
Prime Minister Trudeau and President Macron reaffirmed their commitment to promoting the French language and La Francophonie’s institutions ahead of the next Sommet de la Francophonie, which will be held in Villers-Cotterêts and Paris, France, on October 4 and 5, 2024. They also renewed their commitment to strengthening strategic coordination in preparation for the successive G7 Presidencies that Canada and France will hold, in 2025 and 2026 respectively.
Quote“Canada and France’s relationship is built on shared history, a common language, and democratic values. President Macron’s visit to Canada is a testament to the enduring friendship between our two countries, and with the progress we have made over this visit, we will move forward to build a fairer and more prosperous future for our peoples.”— The Rt. Hon. Justin Trudeau, Prime Minister of Canada
Quick Facts

This was President Macron’s second visit to Canada. It followed both leaders’ participation in the United Nations General Assembly and Summit of the Future in New York City, United States of America.
As a permanent member of the United Nations Security Council, the North Atlantic Treaty Organization (NATO), the G7 and the G20, a founding member of the European Union, and a key partner in the Organisation internationale de la Francophonie, France is a key ally for Canada on the international stage.
In 2023, France was Canada’s third largest merchandise export market in the European Union, and its 12th largest trade partner globally, with two-way merchandise trade totalling $12.9 billion.
That same year, Canadian exports to France amounted to $4.3 billion, while imports from France totalled $8.7 billion.
In France, Canada is represented by an embassy in Paris and consulates in Lyon, Nice, and Toulouse. France is represented in Canada by its embassy in Ottawa and consulates in Vancouver, Toronto, Montréal, Québec, and Moncton.

Related Products

Joint statement by Prime Minister Trudeau and President Macron
Canada-France Declaration on a Stronger Defence and Security Partnership
Canada-France Declaration on the Ocean
Canada-France Declaration on Artificial Intelligence

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Relativity Spotlights Legal Industry Leaders at the 2024 Innovation Awards

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Relativity, a global legal technology company, today announced the winners of this year’s Innovation Awards at Relativity Fest. The Innovation Awards celebrate the trailblazing individuals and teams building custom solutions, empowering their peers and forging new paths to improve the legal industry and its communities.
“Another year of the Innovation Awards signals another opportunity to celebrate our community’s dedication to making a positive impact– whether that be through developing new solutions, providing excellent customer service, or elevating and advocating for their peers in the legal industry,” said Laurie Usewicz, Chief Partner Officer at Relativity. “This year’s winners exemplify the impassioned and innovative spirit that makes the future of our industry a bright one.”
The winners hail from, or work directly with law firms, financial institutions and consultant management companies large and small, private and public. Through a combined process of a judging committee and a community vote, Best Innovation winners are selected based on how they’ve leveraged the Relativity application programming interfaces in creative ways to solve Relativity’s customers’ most unique challenges.
In addition to the standard six individual and two Best Innovation awards, a new Best Innovation category was added for this year, Developer Partner. This award recognizes solutions created by Relativity’s independent software vendor (ISV) community that are offered directly to customers. Eligibility is restricted to solutions that are not owned by an Enterprise or Solution, Advisor, or Provider Partner.
The 2024 Innovation Awards winners are:

Artificial Intelligence: Ben Sexton, Vice President, JND eDiscovery
Customer Experience: Jenna Rooney, Director, Client Services, Arete Incident Response
Education & Mentorship: Deedra Smith, Managing Director, FTI Consulting
Inclusion: Vazantha Meyers, Vice President, Discovery Services, Haystack ID
Security: Jenna Rooney, Director, Client Services, Arete Incident Response
Stellar Women: Stephanie L. Goutos, Lead Practice Innovation Attorney, Gunderson Dettmer
Best Innovation: Developer Partner: Redaction Suggestions in Blackout by Milyli
Best Innovation: Enterprise: Flywheel by Troutman Pepper eMerge
Best Innovation: Partner: GenAI Toolbox by EY Switzerland

Each of the award winners above exemplify what it means to be a changemaker at the individual, organizational and industry levels. All award winners are determined by a combination of Relativity judging committees unique to each category and a community vote.
Relativity congratulates all submissions for the innovative work delivered this past year.
The post Relativity Spotlights Legal Industry Leaders at the 2024 Innovation Awards appeared first on HIPTHER Alerts.

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MC Digital Realty wins Frost & Sullivan’s 2024 Japan Data Center Services Company of the Year Award

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Digital Realty (NYSE: DLR), the largest global provider of cloud- and carrier-neutral data center, colocation, and interconnection solutions, today announced that MC Digital Realty: A Mitsubishi Corporation and Digital Realty Company, has been awarded Frost & Sullivan’s 2024 Company of the Year award for Japan’s data center services industry.
MC Digital Realty is at the forefront of the market, delivering advanced technologies and strategic investments that provide Japanese businesses with secure, innovative, and sustainable infrastructure that enables artificial intelligence (AI) innovation.
MC Digital Realty’s state-of-the-art data centers are optimized for AI, offer the necessary flexibility and scalability for intensive model training and real-time inferencing, and provide advanced liquid cooling systems that ensure optimal performance for demanding AI tasks. Demonstrating its commitment to sustainability, MC Digital Realty leverages its relationship with Mitsubishi Corporation to prioritize energy efficiency, matching electricity usage in its colocation data halls with 100% renewable energy to minimize its carbon footprint.
Frost & Sullivan also recognized MC Digital Realty’s operational excellence. The company’s robust network of resilient data centers is strategically located in low-seismic regions and employs cutting-edge seismic isolation technology to protect its infrastructure, ensuring uninterrupted service and maximum reliability.
MC Digital Realty’s data centers also leverage the power of PlatformDIGITAL®, Digital Realty’s global data center platform. It provides customers access to a vast ecosystem of over 1,100 cloud and IT services, as well as 1,200 network services across 300+ data centers in 50+ metros worldwide.
“The company demonstrates a strong focus on the Japanese market through its continued investments. Strategic partnerships and innovations aligning with transforming customer expectations enable the service provider to achieve success in the country,” said Nishchal Khorana, Global Vice President of ICT at Frost & Sullivan.
Serene Nah, Digital Realty’s Managing Director and Head of Asia Pacific, said: “We are honored to receive the award and recognition from Frost & Sullivan, which validates MC Digital Realty’s commitment to serving partners and customers as they accelerate their AI innovation journeys in Japan. As AI continues to shape the future, Digital Realty remains committed to optimizing data center infrastructure for peak workload performance, and to meet the highest standards of innovation, while ensuring sustainability, security, and resilience.”
The post MC Digital Realty wins Frost & Sullivan’s 2024 Japan Data Center Services Company of the Year Award appeared first on HIPTHER Alerts.

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