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PR Newswire

LTIMindtree Launches Canvas.ai, A Generative AI Platform To Accelerate Concept-To-Value Realization For Enterprises

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The Platform, built using well-architected framework, enables clients to build, manage and consume generative AI solutions responsibly

WARREN, N.J. and MUMBAI, India, June 21, 2023 /PRNewswire/ — LTIMindtree (NSE: LTIM) (BSE: 540005), a global technology consulting and digital solutions company, today launched Canvas.ai, an enterprise-ready generative AI platform designed to accelerate the concept-to-value journey for businesses using mindful AI principles.

Canvas.ai is among the first-of-its-kind platform designed to help enterprises jump start and scale generative AI capabilities, bolstering business innovation and engineering productivity. Leveraging well-architected framework and sound governance measures, Canvas.ai effectively manages proprietary and industry-specific data, while factoring its ethical use, sustainability, privacy and security. The platform-based architecture of Canvas.ai caters to the business requirements of three key personas – creators who build the generative AI solutions, admins who manage, and users who consume governed generative AI solutions.

Debashis Chatterjee, Chief Executive Officer and Managing Director at LTIMindtree said, “Generative AI is a seminal trend that is slating the next phase of autonomous enterprises. Through our 4E model of Educate, Experience, Explore and Employ, we remain invested in helping our clients adopt and adapt generative AI ways of working. We are happy to note that several global clients are already leveraging Canvas.ai to solve for unique business needs in their journey towards digital transformation and cutting-edge experience.”

Nachiket Deshpande, Whole-Time Director and Chief Operating Officer at LTIMindtree said, “With Canvas.ai, clients gain access to LTIMindtree’s partnership with leading Large Language Model (LLM) providers and ecosystem of proprietary accelerators, domain-specific solution and product offerings, and future-ready talent pool. This will help clients harness the power of Generative AI and build out solutions for data monetization, productivity co-pilots, and engineering frameworks. Furthermore, the platform-centric design of Canvas.ai makes it adept at facilitating standardization, while accommodating the upgrades to generative AI technology, promoting enterprise-wide efficiency and reducing infrastructure and operating costs in the long term as clients digitize their core businesses.”

Canvas.ai guarantees up to 40-50% reduction in time and effort for app modernization and cloud migration programs.

“Rapid advancements in technology and pervasiveness of generative AI make it necessary for organizations to carefully weigh in the ethical ramifications of its adoption,” said Jitendra Putcha, Global Head, Data, Analytics and AI at LTIMindtree. “With built-in features such as explainable AI and security-first approach, which serve as guardrails, Canvas.ai prevents the abuse of the technology. It can help organizations traverse data regulations, minimize unintended bias and ensure transparency across the business supply chain. It gives them the scope for mindful innovation and the resources to deploy generative AI responsibly.”

Canvas.ai is available for clients globally through LTIMindtree’s Generative AI Studios in Warren, NJ; Dallas, TX; Hartford, CT; and Minneapolis, MN in US; London and Paris in Europe; and Mumbai, Bengaluru and Hyderabad in India.

About LTIMindtree

LTIMindtree is a global technology consulting and digital solutions company that enables enterprises across industries to reimagine business models, accelerate innovation, and maximize growth by harnessing digital technologies. As a digital transformation partner to more than 700 clients, LTIMindtree brings extensive domain and technology expertise to help drive superior competitive differentiation, customer experiences, and business outcomes in a converging world. Powered by 84,000+ talented and entrepreneurial professionals across more than 30 countries, LTIMindtree — a Larsen & Toubro Group company — combines the industry-acclaimed strengths of erstwhile Larsen and Toubro Infotech and Mindtree in solving the most complex business challenges and delivering transformation at scale. For more information, please visit https://www.ltimindtree.com/.  

Media Contact :
media@ltimindtree.com

PR Newswire

Intento’s State of Machine Translation 2023 Report Evaluates 37 MT Engines and 5 LLMs

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SAN FRANCISCO, June 21, 2023 /PRNewswire/ — Intento, the Enterprise Machine Translation Hub, and e2f, a language intelligence pioneer, teamed up to study the Machine Translation and Generative AI market and present the State of Machine Translation 2023 report (the seventh consecutive year for Intento).

This edition analyzes the performance of 37 MT Engines across 22 language pairs and 9 content domains, providing the latest overview of the rapidly evolving MT landscape. Key highlights include:

  • Out of the 37 Machine Translation Engines evaluated, 23 are best-performing in some language pairs and domains
  • 5 Large Language Models from AI21, Anthropic, and OpenAI, including ChatGPT and GPT-4, have risen to the first tier in MT capabilities
  • All of the 48 existing MT vendors cover 654 unique languages and 190,000 language pairs
  • Few MT vendors perform at the top level for Arabic, Japanese, and Ukrainian languages
  • Legal and IT domains require careful MT vendor selection, while Entertainment and Colloquial domains may require customization for optimal results

The report spotlights the MT landscape transformation with new features, expanded offerings, and language pairs from several vendors, including Alibaba, Amazon, Baidu, Google, Microsoft, Naver, NVIDIA, and Youdao – all demonstrating significant progress in technology and innovation. Drawing from Intento’s expertise, businesses can use this shift to enhance language capabilities, improve global communication, and stay competitive.

It also identifies top-tier LLMs like ChatGPT and GPT-4, which surpass other models in various MT evaluation metrics and provides insight into the potential of GPT-3, Anthropic’s Claude, and AI21’s Jurassic-2 models for businesses exploring emerging language technologies.

Download the full PDF report here

“We launched our inaugural MT report in 2017, at a time when there were only eleven stock models available. Fast forward six years, and the MT landscape has exploded, with six-fold growth in MT platforms and 15x more language pairs,” says Konstantin Savenkov, Intento CEO and co-founder. “In addition, we see new automated customization possibilities such as domain adaptation and custom glossaries, and the emergence of Large Language Models, which can handle translation among other tasks.”

“We’re excited to work with Intento, providing the best linguistic data to drive exceptional MT evaluation results in the latest report,” says Michel Lopez, CEO of e2f. He continues, “The human effort to create this linguistic data is essential to generating these golden datasets. Top AI companies who need the best language and data science expertise are increasingly turning to our workforce of linguists and data scientists as they grapple with the challenges of quality, cost, and domain expertise in this era of generative AI.”   

About Intento  

Intento enables global companies to translate 20x more on the same budget and makes their customer and employee experience instantly multilingual in 650+ languages through Machine Translation and AI.

Intento Enterprise MT Hub augments best-of-breed Custom NMT platforms with Source Quality Improvement, Automatic Post-Editing, and Translation Quality Estimation. Combining Machine Translation with Generative AI models (like GPT) enhances traditional translation workflows and achieves accurate, in-context translation.

Intento Enterprise MT Hub also integrates with existing software platforms, such as Salesforce, ServiceNow, and Translation Management Systems, to share MT/AI models across the enterprise and improve them based on feedback.

For more information, visit https://inten.to or book a demo with an Intento expert.

About e2f

Established in 2004, e2f helps people and machines communicate naturally, regardless of language, content, and culture. e2f solutions empower Fortune 50 brands to monitor, objectively assess, and improve communications on a global scale.

e2f delivers world-class translation and training data with its proprietary technology stack for AI services, translation, and quality review. e2f offers a global resource pool of skilled professionals in virtually all countries and languages.

Contact:
Nadia Guschina
media@inten.to

PR Newswire

Glory Star’s Subsidiary CHEERS Awarded National Invention Patent

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BEIJING, June 20, 2023 PRNewswire/ — Glory Star New Media Group Holdings Limited, (“Glory Star” or the “Company”) (Nasdaq: GSMG), a leading digital media platform and content-driven e-commerce company in China, today announced that its subsidiary, CHEERS, has been awarded an invention patent certificate by the National Intellectual Property Administration. This patent recognizes CHEERS’ outstanding research and development capabilities and innovation in the field of internet infrastructure services.

The newly-awarded invention patent, titled “Big Data-Based Data Analysis Method,” offers data output recommendations for various types of internet network businesses from multiple dimensions, addressing clients’ demands for enhancing user experience in software application. This cutting-edge technology further strengthens the Company’s leadership in data and content analysis, and showcases Glory Star’s commitment to technological advancement.

Mr. Bing Zhang, Chairman and Chief Executive Officer of Glory Star, commented: “This achievement is a testament to our dedication to innovation and our drive to stay ahead of the curve in the ever-evolving tech industry. The successful acquisition of this patent will not only improve our intellectual property protection system, but also give us an upper hand in market competition. We believe this will have a far-reaching impact on our technological innovation, market and brand influence, and help further consolidate our core competitiveness.”

About Glory Star

As a preeminent provider of next-generation mobile internet infrastructure services in China, Glory Star is dedicated to building a digital ecosystem that integrates “platforms, applications, technology, and industry” into a cohesive system, thereby creating a new, open business environment for web3.0 that leverages AI technology. The Company is developing a 5G+VR+AR+AI shared universe space that builds on cutting-edge technologies including blockchain, cloud computing, extended reality, and digital twin.

Glory Star’s portfolio already includes a wide range of products and services, such as North Star Xingyue Intelligent Cloud, Lingxi AI Platform, CHEERS Open Platform, CHEERS Video, CHEERS e-Mall, CheerReal, CheerCar, CheerChat, CHEERS Fresh Group-Buying E-commerce Platform, Digital Innovation Research Institute, CHEERS Livestreaming, variety show series, IP short video matrix, and more. These offerings provide diverse application scenarios that seamlessly blend “online/offline” and “virtual/reality” elements.

With “CHEERS+” at the core of Glory Star’secosystem, the Company is committed to consolidating and strengthening its core competitiveness, and achieving long-term sustainable and scalable growth.

For more information, please visit http://ir.gsmg.co/.

Safe Harbor Statement

Certain statements made in this release are “forward looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. When used in this press release, the words “estimates,” “projected,” “expects,” “anticipates,” “forecasts,” “plans,” “intends,” “believes,” “seeks,” “may,” “will,” “should,” “future,” “propose” and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the Company’s control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Important factors, among others, are: the ability to manage growth; ability to identify and integrate other future acquisitions; ability to obtain additional financing in the future to fund capital expenditures; fluctuations in general economic and business conditions; costs or other factors adversely affecting our profitability; litigation involving patents, intellectual property, and other matters; potential changes in the legislative and regulatory environment; a pandemic or epidemic; the occurrence of any event, change or other circumstances that could affect the Company’s ability to continue successful development and launch of its metaverse experience centers; the possibility that the Company may not succeed in developing its new lines of businesses due to, among other things, changes in the business environment, competition, changes in regulation, or other economic and policy factors; the possibility that the Company’s new lines of business may be adversely affected by other economic, business, and/or competitive factors; other factors, risks and uncertainties set forth in documents filed by the Company with the Securities and Exchange Commission from time to time, including the Company’s latest Annual Report on Form 20-F filed with the SEC on March 22, 2023. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law. Such information speaks only as of the date of this release.

For investor and media inquiries, please contact:

Wealth Financial Services LLC
Connie Kang, Partner
Email: ckang@wealthfsllc.com
Tel: +86 1381 185 7742 (CN)

PR Newswire

SK hynix Receives International Certification for Automotive Memory Solution Development

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  • Obtains internationally recognized ASPICE Level 2 Certification through collaboration with Siemens
  • Aims to meet growing demand from automotive chip market, improve profitability with globally recognized NAND solutions

SEOUL, South Korea, June 20, 2023 /PRNewswire/ — SK hynix Inc. (or “the company”, www.skhynix.com) announced today that it has received the automotive ASPICE Level 2 certification, marking the first case that a Korean semiconductor company wins the recognition.

* ASPICE(Automotive Software Process Improvement & Capability dEtermination): A guideline for automotive software development that was introduced by European carmakers to evaluate reliability and capabilities of auto part suppliers.

The certification, essential for automotive NAND solution products, is expected to lead to an increased supply and stronger profitability of the company’s NAND solution products such as Universal Flash Memory and Solid State Drive, of which combined market is expected to grow by more than an average 20% every year, the company said.

With introduction and adoption of electric vehicles and autonomous driving system, the importance of technology in the areas of electric and electronic parts of vehicles is also growing.

Particularly, with systems for Advanced Driver Assistance System and Infotainment getting more sophisticated, the importance of software quality management as well as compatibility and stability is growing, requiring auto part suppliers to obtain the ASPICE Level 2 or the equivalent.

To win the certification, SK hynix combined its digital transformation technology with Siemens’ certification solution, which helped result in optimization and success of a stable and efficient system for the overall research and development process ranging from design of software for vehicles and engineering of products to workflow.

The latest achievement follows obtainment of an ISO 26262: 2018 FSM(Functional Safety Management**) in November 2021 as SK hynix continues to deliver accomplishments in the automotive memory business with commitment to safety and reliability.

** ISO 26262: 2018 FSM(Functional Safety Management): An international standard for functional safety in automotive semiconductors set by the International Organization for Standardization.

SK hynix will now aim for the ASPICE Level 3 certification with a more advanced software development process.

“Our achievement comes at a time when product competitiveness of automotive memory solution is more important than ever,” Ahn Hyun, head of solution development, said. “We will aim higher and continue our efforts for development and stronger product competitiveness of automotive memory chips.”

About SK hynix Inc.

SK hynix Inc., headquartered in Korea, is the world’s top tier semiconductor supplier offering Dynamic Random Access Memory chips (“DRAM”), flash memory chips (“NAND flash”) and CMOS Image Sensors (“CIS”) for a wide range of distinguished customers globally. The Company’s shares are traded on the Korea Exchange, and the Global Depository shares are listed on the Luxemburg Stock Exchange. Further information about SK hynix is available at www.skhynix.com, news.skhynix.com.

Source: SK hynix Inc.

PR Newswire

Taoping To Launch Cloud Nest AI System; Powerful Generative AI System Across the Cloud to Accelerate Growth

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SHENZHEN, China, June 15, 2023 /PRNewswire/ — Taoping Inc. (NASDAQ: TAOP, the “Company” or “Taoping”), today announced the Company plans to launch Cloud Nest AI, a powerful generative AI system across the Cloud to accelerate growth. Cloud Nest AI will leverage the Company’s existing cloud-based technology and applications and integrate AI with intelligent Cloud platform technology and product capabilities. End users are empowered with smart scene terminals, that deeply integrate numerous industry-specific application scenarios across all major industries and subsegments.

Taoping’s industry specific applications for different scenarios based on the Cloud Nest AI system are expected to provide multi-dimensional empowerment for various industries from multiple perspectives, such as content generation, human-computer interaction, visual perception, and cognitive decision-making. In the field of advertising media, Taoping’s cloud platform allows advertisers to provide creative content, such as graphics, videos, and texts for specific promotional strategies, while artificial intelligence can then effectively develop mixed-media promotions.

Taoping will also integrate the new generative AI system into its other smart solutions to better help customers harness the latest technology development to achieve a higher return on investment, lower cost of ownership, an improved overall customer experience. This includes the Company’s intelligent cleaning robots, which are pushing industry-leading performance in terms of unmanned driving, intelligent decision-making, and human-machine collaboration to solve complex urban outdoor and indoor scenarios. Another example is in the field of ecological environmental protection, where the Company’s off-grid sewage treatment equipment adopts microbial control technology and intelligent monitoring system to accurately implement sewage treatment from the source of sewage generation, which is highly efficient, energy-saving and environmentally friendly.

Mr. Lin Jianghuai, Chairman and CEO of Taoping, said: “The Cloud Nest AI generative AI system will be another important milestone based on the strategic upgrade of Taoping’s Cloud-based technology and applications. We have been investing in and actively deploying a series of exciting new products to help our customers better embrace superior new technologies and systems, which in return will accelerate our revenue growth. We look forward to continuing to open new commercial and industrial opportunities for our Cloud Nest generative AI system, and will keep the market updated on our progress.”

About Taoping Inc.

Taoping Inc. (Nasdaq: TAOP) has a long history of successfully leveraging technology in the development of innovative solutions to help customers in both the private and public sectors to more effectively communicate and market to their desired targets. The Company has built a far-reaching city partner ecosystem and comprehensive portfolio of high-value, high-traffic areas for its products, which are aligned together with Taoping’s smart cloud platform, cloud services and solutions, new media and artificial intelligence. For more information about Taoping, please visit www.taop.com. You can also follow us via LinkedIn, Twitter or YouTube.

Safe Harbor Statement

This press release contains “forward-looking statements” that involve substantial risks and uncertainties. All statements other than statements of historical facts contained in this press release, such as statements regarding our estimated future results of operations and financial position, our strategy and plans, and our objectives or goals, are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. We have attempted to identify forward-looking statements by terminology including “anticipates,” “believes,” “can,” “continue,” “could,” “estimates,” “expects,” “intends,” “may,” “plans,” “potential,” “predicts,” “should,” or “will” or the negative of these terms or other comparable terminology. Our actual results may differ materially or perhaps significantly from those discussed herein, or implied by, these forward-looking statements.  There are a significant number of factors that could cause actual results to differ materially from statements made in this press release, including: our potential inability to achieve or sustain profitability or reasonably predict our future results due to our limited operating history of providing smart cloud services, the effects of the global Covid-19 pandemic, the emergence of additional competing technologies, changes in domestic and foreign laws, regulations and taxes, uncertainties related to China’s legal system and economic, political and social events in China, the volatility of the securities markets; and other risks including, but not limited to, those that we discussed or referred to in the Company’s disclosure documents filed with the U.S. Securities and Exchange Commission (the “SEC”) available on the SEC’s website at www.sec.gov, including the Company’s most recent Annual Report on Form 20-F as well as in our other reports filed or furnished from time to time with the SEC. The forward-looking statements included in this press release are made as of the date of this press release and TAOP undertakes no obligation to publicly update or revise any forward-looking statements, other than as required by applicable law.

Source: Taoping Inc.

PR Newswire

AvaTouch Launches Revolutionary Generative Video Bot Meeting System to Enhance Remote Work Efficiency

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TOKYO, June 15, 2023 /PRNewswire/ — Tokyo-based AvaTouch, Inc. has announced the release of AvaTouch, a generative video bot meeting system designed to revolutionize remote work. AvaTouch is an AI system that uses natural language processing and machine learning to facilitate one-on-one meetings between individuals and an AI bot. With AvaTouch, users can save time and resources by automating tasks such as meeting minutes, creating summaries, and translating and interpreting languages.

The system is designed to cut the time spent on remote management, human resource development, and customer development by 50%, making it a valuable tool for any remote worker, and transforms interactions into searchable digital assets, making it easy to access and reference information later on. Additionally, meeting minutes can be translated into nine languages (Chinese, Spanish, Portuguese, Russian, Japanese, German, French, Italian, and Dutch), and offers audio interpretation, enabling team member of diverse backgrounds to communicate effectively, without any language barriers.

AvaTouch is a game-changer for remote work, offering a range of benefits for internal meetings, human resource development, and customer training. In internal meetings, the system also eliminates the need for scheduling, interprets languages, and optimizes time, reducing redundancy and preventing information silos. For human resource development, AvaTouch allows new hires to learn at their own pace and conduct practical tests through interactions with the bot. For customer training, the system facilitates immediate product explanations and provides easy reference to historical transactions for proposal crafting and post-sales reporting.

Registering with AvaTouch is free and easy to get started. You can sign up now at https://avatouch.net/signup. There are also numerous ways to stay informed and get support, such as joining the AvaTouch Discord community, subscribing to the AvaTouch YouTube channel, and accessing the AvaTouch help page.

“We are excited to introduce AvaTouch to the world, as it represents a significant step forward in the evolution of remote work,” said Tomohiro Kato, CEO of AvaTouch, Inc. “Our system is designed to streamline communication and make remote work more efficient, allowing individuals and organizations to save time and resources while improving productivity and collaboration.”

About AvaTouch, Inc.

AvaTouch, Inc. is a Tokyo-based developer of AI products that aim to revolutionize the way that people work and communicate.

For more information, please visit https://avatouch.net.

CONTACT: tomohiro kato, tomohiro.kato@avatouch.net

https://mma.prnasia.com/media2/2101477/AvaTouch_Concept_Video.mp4
PR Newswire

Quantinuum Brings Quantum-Computing-Hardened Encryption Keys to the Device Level for the First Time – Introducing Quantum Origin Onboard

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Critical software-based protection for a range of connected devices

LONDON and BROOMFIELD, Colo, June 14, 2023 /PRNewswire/ — Quantinuum, the world’s largest integrated quantum computing company, today announced the launch of Quantum Origin Onboard, an innovation in cryptographic key generation that provides quantum computing hardened cyber protection for a wide range of connected devices by maximizing the strength of keys generated within the devices themselves. 

The risk of cyberattacks compromising organizations continues to grow. As cybercriminals uncover new techniques to exploit connected systems and their data, even the cryptographic foundations of cybersecurity measures remain vulnerable to advanced threats. Cryptographic keys created using current typical methods deployed by organizations around the world are not provably unpredictable, leaving encrypted data and systems potentially at risk of devastating attacks. Quantinuum’s quantum-computing-hardened cryptographic key enhancement solution provably minimizes the risk that businesses generate and use vulnerable encryption keys to protect encrypted data.

“While quantum computing has the potential to render current encryption algorithms obsolete, posing a significant challenge to businesses and individuals alike, already today sophisticated attackers can take advantage of vulnerable encryption keys,” said Dr. Rajeeb Hazra, CEO of Quantinuum. “With our Quantum Origin Onboard and the overall Quantum Origin platform, organizations can fortify defenses across multiple endpoints and embrace the possibilities of a quantum-secure future. The next era of data security is here, and we are proud to be at the forefront as we collaborate with organizations worldwide.”

Strengthening encryption at the device level

Quantum Origin Onboard is the first and only commercially available enterprise software solution capable of delivering quantum-computing-hardened key enhancement. It can be installed directly onto devices and used to help deliver unparalleled foundational-level protection. Quantum Origin Onboard brings cutting-edge, enterprise-level security that integrates directly into connected devices without the need for additional hardware upgrades. This unique approach ensures that devices in any environment, online or offline, can generate quantum-computing-hardened keys to continually maximize the strength of encryption measures protecting devices.

Quantum Origin Onboard embeds a quantum seed, created by Quantinuum’s H-Series quantum computer, into devices. The seed is a string of provably unpredictable numbers, which enhance a device’s capability to generate strong and secure keys.

“Enterprises are recognizing they can build unprecedented resilience by adopting quantum-computing-hardened cryptographic keys,” said Duncan Jones, Head of Cybersecurity at Quantinuum. “This is a paradigm shift, and enterprises in critical industries are embracing the opportunity to minimize a risk to one of their attack surfaces, specifically device-level encryption on internet connected products that might be in the field for a decade.”

The growing security threat to embedded devices

The growing use of connected devices continues to underpin innovation across industries, from critical infrastructure to healthcare to transportation to energy. As adoption has risen, cybercriminals have increasingly targeted vulnerable interconnected devices, causing mass disruption. One of the most infamous examples of the power of IoT-based attacks is the Mirai malware that infected IP cameras and basic home routers, creating a botnet that compromised a leading Domain Name Systems provider, leaving many high-profile websites inaccessible.

Quantum Origin Onboard embeds an industry-leading security capability into connected devices, to strengthen device security against advanced cyber-attacks, by minimizing an exploitable cyber vulnerability. As the only software solution of its kind, it simplifies deployment and provides uninterrupted key generation for connected devices and the data they manage.

For more information, visit http://www.quantinuum.com/cybersecurity/quantumoriginonboard.

About Quantinuum 

Quantinuum is the world’s largest quantum computing company, formed by the combination of Honeywell Quantum Solutions’ world leading hardware and Cambridge Quantum’s class leading middleware and applications. Science led and enterprise driven, Quantinuum accelerates quantum computing and the development of applications across chemistry, cybersecurity, finance, and optimization. Its focus is to create scalable and commercial quantum solutions to solve the world’s most pressing problems, in fields such as energy, logistics, climate change, and health. The company employs over 480 people including 350 scientists, at nine sites in the US, Europe, and Japan. 

PR Newswire

Slenergy’s All-In-One Residential Solution Thrives in the Booming European Solar Market

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MUNICH, June 9, 2023 /PRNewswire/ — The solar industry is experiencing an unprecedented boom in Europe, with a rapid increase in solar energy installations in recent years. The European Union witnessed a significant increase in solar power capacity installed in 2022, with 41.4GW added, up 47% from the 28.1GW installed in 2021, according to a report by industry association SolarPower Europe.

Slenergy's iShare-Home standard kit
Slenergy’s iShare-Home standard kit

Seizing the opportunity presented by the thriving market, Slenergy unveiled its latest innovation, the iShare-Home all-in-one residential solar energy solution, at a prestigious Brand and New Product release event in Munich, Germany on May 31. The new line offers system capacities ranging from 4-15 kW and includes a hybrid inverter, energy storage, a cable set, and smart monitoring system that tracks data in real-time and can be remotely upgraded via a cloud platform.

The iShare-Home system distinguishes itself with standardized system and modular product design, simplified installation process and smart energy management system, attracting considerable attention in both the European and global markets.

By adopting a standardized Bill of Materials (BOM) that includes all system components, Slenergy eliminates the need for clients to spend time designing, searching, and matching various parts. The smart energy management system integrated into iShare-Home solution empowers households to monitor power generation and consumption data while providing tailored energy management suggestions based on their energy usage patterns. This not only reduces household energy costs but also improves overall energy consumption efficiency.

Moreover, Slenergy’s system boasts preassembled mounting structures, prefabricated cable connectors, and stackable battery storage, making on-site connections fast and convenient. This streamlined installation process results in great cost savings, with installation costs being reduced by up to 20% for a 5 kW/10 kWh residential solar system.

Slenergy places a strong emphasis on quality assurance, ensuring that its products meet rigorous EN, IEC and ISO safety certifications. The company, adhering strictly to precision manufacturing standards, has implemented a visualization system for its entire intelligent manufacturing process, enabling clients to track core parts information of the system. To further support customers, Slenergy provides local service teams, offering end-users peace of mind.

Committed to creating a more sustainable new energy industry, Slenergy will showcase its comprehensive product portfolio at booth B3.370 from June 14 to 16 during Intersolar Europe, demonstrating its dedication to innovation and customer satisfaction.

PR Newswire

SmartCow Joint Centific Announce Suite of Intelligent Store Solutions to enable Hyper Automation and Immersive Experiences

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ST. JULIAN’S, Malta, June 9, 2023 /PRNewswire/ — SmartCow, the leading provider of Edge AI hardware, and Centific, experts in retail SaaS solutions, are excited to announce a significant strategic partnership. Leveraging their unique strengths, the two companies are set to revolutionize the retail industry with the launch of an integrated retail SaaS solution that seamlessly combines Centific’s software with SmartCow’s high-performance hardware.

Uranus - SmartCow NVIDIA Jetson based compact and powerful edge AIoT system, it is able to run multiple neural networks and process multiple high-resolution images at the same time.
Uranus – SmartCow NVIDIA Jetson based compact and powerful edge AIoT system, it is able to run multiple neural networks and process multiple high-resolution images at the same time.

Known for their specialization in building software-defined hardware, SmartCow is the Edge AI hardware provider within the Centific ecosystem for this solution. Their compact and high-performance NVIDIA® Jetson™ embedded system – Uranus, is the backbone of this partnership, enabling intelligence at the edge to deliver unrivaled AI processing capabilities.

“Uranus, our edge AI embedded system designed around the NVIDIA Jetson Xavier NX, delivers remarkable computational prowess, reaching up to 21 TOPS. This allows for the concurrent operation of multiple neural networks and the processing of diverse high-resolution image/video data,” explains Ravi, CEO of SmartCow. “A testament to engineering innovation, Uranus stands as a lightweight yet robust all-in-one solution, offering computational flexibility, and optional onboard storage/4G/Wi-Fi capabilities. With its compact design finely tuned for high-level AI and ML applications, Uranus aligns seamlessly with Pitaya.AI for a ready-to-market deployment. This end-to-end solution is set to propel the retail industry into a new era of technological advancement.”

“The Time is Now: As AI becomes more ubiquitous, enterprises have a unique opportunity to unlock a profound impact to their revenue, profitability, customer, and employee experiences,” said Jagadish Garimella, Business Unit Head, Centific. “We created Pitaya.AI, which leverages the robust capabilities of SmartCow and Centific and several other outstanding partnerships to transform the shopping experience, enhance associate productivity, and markedly reduce losses due to shrinkage”

The unveiling of Pitaya.AI, a groundbreaking solution brought to life through the melding of Centific’s software expertise and SmartCow’s robust edge AI hardware. Fully integrated with Uranus, Microsoft Azure Cloud solutions, and OpenAI, and designed to operate on the NVIDIA stack, Pitaya.AI is poised to usher in a new era for the retail ifndustry. By enabling retailers to extract unprecedented value from in-store video and image data, Pitaya.AI offers the potential for discovery of business-critical insights, further enhancing their operational capabilities.

Both SmartCow and Centific are eager to witness the transformative impact of their integrated solution on the retail sector. The partnership is a testament to their commitment to innovation and customer satisfaction, promising a brighter and more technologically advanced future for retailers worldwide.

About SmartCow:

Established in 2016, SmartCow is an end-to-end AI engineering company that builds both hardware and software products for AI applications. Being a Nvidia metropolis Elite partner & Jetson preferred partner, Our specialty lies in developing software-defined hardware with field programmability and flexibility, optimized for elevated performance of software deployed. SmartCow’s  edge AI products & solutions are widely  deployed in smart cities. Strategic partners include NVIDIA and PNY. The company is located in Malta, India, Taiwan, Italy, Singapore, and France and is expanding to the USA. 

About Centific:

Centific is a global organization with offices in the US, Europe, India, China, and Southeast Asia. Clients include 100+ of the Global 500 companies, with industry concentration in retail, consumer packaged goods, logistics, software & technology, healthcare, and travel/hospitality.

With retail industry expertise in the E2E value chain of Data and applied AI, Centific enables retailers to accelerate their digital transformation to drive a triple play of results: happier consumers, associates, and shareholders.

PR Newswire

Lacework Unifies Entitlements Management and Threat Detection for Simplified Cloud Security

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New Cloud Infrastructure Entitlement Management (CIEM) capabilities are the company’s latest investment in cloud security on the Lacework platform

MOUNTAIN VIEW, Calif., June 6, 2023 /PRNewswire/ — Lacework, the data-driven security platform, today announced new CIEM functionality  that empowers teams to gain observability of all cloud identities, know precisely who can perform what actions, and easily identify which identities pose the greatest risk. Furthermore, Lacework’s actionable approach to CIEM provides customers with recommendations on how to reduce their identity risk. By combining these new capabilities with cloud security posture management, attack path analysis, and threat detection into a single platform, Lacework gives customers a clear understanding of their cloud identity landscape, visibility into cloud identity and access management (IAM) misconfigurations and exposed secrets, and continuous discovery of identity threats.

The benefits of public cloud come with complex challenges in managing identity risk. With over 35,000 granular permissions across hyperscale cloud providers, organizations struggle to limit unnecessary access. Most cloud users and instances are granted far more permissions than they actually need, leaving organizations highly exposed to cloud breach, account takeover, and data exfiltration. And the fact that machine identities in the cloud typically outnumber humans by an order of magnitude intensifies the issue.  

“Enforcing least privilege and having visibility of identities and entitlements is a top cloud security challenge for IDC clients. With this innovation from Lacework, security teams can automatically see which identities are overly-permissive, and zero in on the ones that pose the greatest risk,” said Philip Bues, Research Manager for Cloud Security, at IDC. “Beyond prioritizing risks, this will also allow teams to confidently suggest policy changes and reduce their overall attack surface risk.”

Preventing Cloud Identity Risk with New Entitlement Management Technology

Lacework dynamically discovers cloud user, resource, group and role identities and their net-effective permissions and then automatically correlates granted versus used permissions to determine identities with excessive privileges. The platform calculates a risk score for each identity, determines the riskiest identities based on attack path analysis, and auto-generates high-confidence recommendations for right-sizing permissions based on historical observations. This means Lacework not only informs customers of risky identities and entitlements, but also shows those identities that are hardly used or even need entitlements to begin with.

“CIEM is a vital facet of a comprehensive cloud security strategy,” said Paolo del Mundo, Director of Application Security, The Motley Fool. “It’s encouraging to see Lacework incorporating this into their well-rounded CNAPP solution, potentially providing a robust response to the challenge of managing cloud access permissions effectively.”

Combined with Lacework’s ability to prioritize risks from an attack path context, as well as detect user and entity behavior anomalies, customers are able to:

  • Continuously comply with IAM security and regulatory compliance requirements.
  • Identify cloud user, application and service identities, know exactly what actions each can take, and prioritize the identities that pose the greatest risk.
  • Limit the blast radius of compromised cloud accounts, achieve least privilege, and establish trust with engineering teams.
  • Continuously discover risky behavior, including lateral movement and privilege escalation, without needing to write rules or stitching together disparate alerts.
  • Rapidly detect insider threats associated with malicious or accidental abuse of permissions.

“Our customers need to know what entities are actually doing in their cloud and whether it’s malicious or inappropriate, and it can’t get in the way of their ability to move fast,” said Adam Leftik, Vice President, Product, Lacework. “Now Lacework customers can address both sides of the identity security issue with a single platform that prevents identity risk exposure and detects identity threats at scale, with the context to quickly investigate, prioritize, and respond to identity alerts. It’s the latest step in our mission to give enterprises the confidence to rapidly innovate in the cloud and drive their business forward.”

To learn more visit lacework.com.

About Lacework

Lacework offers the data-driven security platform for the cloud and is the leading cloud-native application protection platform (CNAPP) solution. Only Lacework can collect, analyze, and accurately correlate data — without requiring manually written rules — across an organization’s AWS, Azure, Google Cloud, and Kubernetes environments, and narrow it down to the handful of security events that matter. Security and DevOps teams around the world trust Lacework to secure cloud-native applications across the full lifecycle from code to cloud. Get started at www.lacework.com.