Technology

Artificial Intelligence Big Data Cloud Computing Cyber Security Data Management Electronics Enterprise & Network Technology Financial Technology Hardware Mobile & Wireless Nanotechnology Semiconductor Software Telecommunications
News Release Digital Asset Direct

Treliant Appoints Compliance Professionals Larry Candido and Lynne Johnston as Senior Directors

Treliant

Larry Candido and Lynne Johnston have been named Senior Directors at Treliant, expanding the firm’s team of compliance and risk management professionals. Each has decades of U.S. and international leadership experience at major banks and consultancies serving the financial services sector. Larry has been a Director at Treliant since 2020 advising financial services clients on complex compliance and risk management initiatives. His career spans over 25 years, including roles as Chief Compliance Officer at Rabobank North America Wholesale; Compliance Director, U.S. & Global Compliance Strategy and Administration at Citibank; Managing Director, Head of Legal and Compliance at Eurohypo AG, New York Branch; and General Counsel at the Hongkong and Shanghai Banking Corp. (HSBC) U.S. Group. He was previously a practice leader at Guidehouse (formerly Navigant Consulting) and RGP Consulting, and he has played key roles in managing the legal, compliance, and finance functions at technology startups. Prior to joining Treliant, Lynne’s 30-year career has included legal and compliance roles at global banks and broker-dealers, including Deputy Head of Compliance for Bank of China USA; Regional Head of Compliance for Commerzbank AG; Head of Anti-Money Laundering Compliance for RBC Capital Markets USA; and Regulatory Counsel and Global Head of Money Laundering Prevention for Lehman Brothers. Previously, she has worked in consulting roles supporting U.S. and international banks on a wide-range of compliance and regulatory matters, and served in the U.S. Securities and Exchange Commission’s Division of Enforcement. “As former in-house industry practitioners, Treliant’s advisors bring practical compliance experience and leadership qualities to bear in their engagements with financial services clients,” said Treliant Senior Managing Director Grace Brasington. “Larry and Lynne embody this approach, having spent their careers leading compliance and risk management for some of the most prominent financial institutions.” “Financial services companies compete on a continually changing landscape of banking laws and regulations,” Larry said. “I look forward to driving business success for our clients in this fast-paced and demanding environment.” “The list of compliance challenges is long and growing, as companies must mount and sustain programs to control money laundering, manage third-party risk, and handle regulatory risk reporting—to name only a few,” Lynne said. “I’m excited to be joining Treliant’s team of experts across so many disciplines of compliance, risk management, and business strategy. Treliant is a multi-industry consulting firm that serves organizations around the globe. Our firm serves financial institutions, consumer-oriented businesses, other corporations, and law firms. As a firm of leading professionals from industry and government, we assist our clients in navigating regulatory requirements and on best practices, while meeting strategic and operational objectives. We partner with clients as trusted advisors and via managed services including through secondments, interim resources, and other outsourcing strategies. Our advisory and assurance services and specialized, high-quality business solutions strengthen our clients’ corporate and regulatory compliance programs, risk management, and business performance. We also provide comprehensive support for corporate and regulatory investigations, litigation, and as government agency monitors and independent consultants. We serve companies from Main Street to Wall Street and across the globe. Contact Details Melissa Pazornik +1 202-249-7932 mpazornik@treliant.com Company Website https://www.treliant.com

January 24, 2022 01:19 PM Eastern Standard Time

Global Accessibility Leader Fable Joins InclusionHub as Founding Partner

InclusionHub

InclusionHub, the leading accessibility and inclusive design resource hub committed to improving digital inclusion, is humbled to announce the addition of Fable Tech Labs Inc. (“Fable”) as a founding partner. Founded in 2018 in Toronto, Fable helps organizations build inclusive products by transforming their approach to accessibility testing, research, and training. Fable is the trusted partner of many major organizations to improve their accessibility, including Walmart, Slack, and Shopify. Fable Engage enables companies to connect to people with disabilities remotely and on-demand to accelerate user research, design, and development. Fable Upskill provides custom accessibility training to organizations through videos that are based on their tools and products and the roles on their team. Fable’s accessibility testing community consists of people with disabilities who use assistive technology. Fable’s testers are compensated with competitive, tech-industry wages. Emphasizing the need to “shift left” for inclusive product design is central to Fable’s mission to improve accessibility at scale. When this does not occur, accessibility issues tend to be discovered late in the development process or after release to the consumer market, and retroactive fixes are made in haste. Proactive, inclusive design benefits not only people with disabilities, but elevates user experience for all. “Every organization should be building inclusive products,” says Alwar Pillai, Fable’s Co-Founder and CEO. “We’re excited to be a founding partner of InclusionHub, which will further enable organizations to find the accessibility and inclusion resources that they need.” The addition of Fable caps a tremendous year for InclusionHub, which announced a founding partnership with the industry-leading customer relationship manager platform Salesforce in August. That brings the number of founding partners involved with InclusionHub to four—including Be My Eyes, an app that connects blind and low-vision users with sighted volunteers, and Morey Creative Studios, a digital marketing agency that launched InclusionHub in 2020. InclusionHub features crowd-sourced ratings and reviews from a global audience of digital accessibility experts and practitioners, and provides an unbiased, transparent and searchable database of companies that specialize in all aspects of digital inclusion. “We couldn’t be more excited about Fable officially coming on as an InclusionHub founding partner. In addition to being mission-aligned, Fable is a partner that has so much value to bring to our ecosystem,” says Jon Sasala, President of Morey Creative Studios. “The services they provide with assistive tech user testing and accessibility training are crucial for businesses trying to be more inclusive—the exact audience InclusionHub aims to help. This partnership will be so beneficial for everyone involved, especially our community members.” To learn more about our Founding Partners and efforts to improve web accessibility, visit InclusionHub.com. Contact Details InclusionHub Bryan Koegel +1 267-977-5548 bryan@inclusionhub.com Company Website https://www.inclusionhub.com

January 24, 2022 12:15 PM Eastern Standard Time

Elite DevOps Teams Recognized in 2022 Haystack Pioneers Awards

Haystack Analytics

Engineering Productivity company Haystack has today announced the winners of its 2022 Haystack Pioneers awards. The winning companies were found to implement data-driven DevOps Continuous Improvement techniques throughout their engineering organisations and were then able to use these techniques to empirically improve software development Cycle Time. All companies using the Haystack platform were automatically nominated for these awards, and the winners were selected using a systematic review that considered empirical data to measure each organisations performance. The selection process was blind to the customer’s spending on Haystack, and no inducements were offered or received to impact those selected as winners. Two of the four winning company’s have already secured unicorn status, with valuations over $1bn+. All the winners operate in different markets; FinTech, HealthTech, EdTech and Digital Supply Chain. However, interestingly, all the winners are headquartered in European countries (two in the UK, and one each in the Netherlands and Germany), despite companies around the world being considered for the awards. Haystack’s co-founder and Chief Technology Officer, Kan Yilmaz, said: “Despite so many exceptional teams using Haystack and achieving remarkable DevOps transformations, we identified four engineering organisations who have been exceptionally successful at adopting a data-driven approach to Continuous Improvement. Our research has shown this performance requires outstanding technical leadership and psychological safety.” Yilmaz concluded: “Congratulations to the teams at Bought By Many, Luscii, Forto and Unibuddy. We are pleased to continue to work with such a tenacious group of engineering leaders who are continually investing in Engineering Productivity.” FinTech company, Bought By Many, has been improving insurance since 2012. Their insurance cover has received multiple awards and they were voted the Best Pet Insurance Provider in the 2020 Insurance Choice Awards. Technology is at the core of Bought By Many’s offering, having been the first UK pet insurer to offer online form-free claims and boasting a focus on user experience. In 2018, Wired magazine listed Bought By Many as one of Europe's hottest start-ups and they ranked 30th on the Sunday Times Tech Track 100 for 2020. In June 2021, the company announced it had secured $350m in Series D funding, giving a pre-money valuation of over $2bn and thereby becoming a unicorn. Bought By Many’s efforts on ever-better engineering productivity is led by Timothy Kimball, Russel Rhodes, Shaun Dobson, Andriy Rossoshynskyy, and these efforts achieved remarkable improvements over the second half of 2021. Engineering throughput has trended up by 37% as production deployments have seen an increase of 24%. Haystack Analytics data also shows the engineering team has seen a 30% decrease in Cycle TIme over 6 months, allowing them to complete and deploy new work even faster, resulting in delivery of business value to their customers even faster. HealthTech start-up Luscii is on a mission to bring healthcare from the waiting room to the living room. Based in the Netherlands, the remote patient monitoring app is used in 7 countries, including 70% of the hospitals in the Netherlands, within England’s National Health Service, and within Africa. Over the second half of 2021, Luscii’s engineering team increased production deployments by 89% and saw a 29% increase in engineering throughput. Over that time, Luscii has seen a 20% improvement trend in their Cycle Times. Luscii’s efforts to drive engineering productivity were led by Roy Pereira, Joris Janssen, and Boite Witte. Reflecting on their success, Pereira emphasizes Luscii’s internal values: "Be free and spark energy", "Grow to last" and "Show courage for integrity". Forto was founded with a vision of delivering a highly transparent, frictionless, and sustainable digital supply chain. Forto’s platform technologies address the entire process stream, from offer, booking, document administration, tracking and tracing to proactive exemption processing and analysis, supporting customers with greater visibility, insight, and control. Leading manufacturers and e-commerce brands are among the 2,500 customers using Forto’s digitally-focused offerings as part of their supply chain delivery. Headquartered in Berlin, Germany, the company currently has more than 700 employees with 15 locations across Europe and Asia including offices in Berlin, Hamburg, Singapore, Hong Kong, and Shanghai. In 2021, the company achieved unicorn status as it secured $240M in Series C funding at a valuation of $1.2B. Masashi Beheim, the engineering team’s Chief of Staff, has driven dev productivity improvements in Forto. During the second half of 2021, Forto’s data trends saw an 81% increase in deployments and a 54% increase in engineering throughput whilst keeping Change Failure Rate stable within the healthy range. This all culminated in a 41% decrease in the Cycle Time of working on product features. Beheim summarised his approach by saying: “We are doubling the size of our engineering org every year. Our main goal is to provide the team with a clear vision, effective structure, as well as great tools and processes. The team is motivated and has what it needs to be effective. That has been the key to our success.” In 2021, the EdTech company Unibuddy raised an additional $20m for their student recruitment platform. The company helps boost university enrollment for 450+ universities globally. Kimeshan Naidoo, Chief Technology Officer, has driven efforts to allow the company to measure Accelerate DevOps metrics and deploy services independently. These improvements have resulted in deployments increasing by 641% and throughput trending up by 28% over a 6 month period. Accepting the award, Naidoo said: “We relentlessly focus on outcomes. Our engineering OKRs are all about driving a drastic improvement in the Accelerate metrics and a key focus for the past two quarters was increasing deployment frequency. This allowed our squads to invest in moving to independent deployment through developing their own services and to implement better development practices like trunk-based development, which helps increase deployment frequency.” The importance of psychological safety is underscored in Unibuddy’s success, Naidoo continued: “We invested heavily in psychological safety by first measuring it, and we’re now holding workshops with all of our squads to improve it. Without psychological safety, squads won't take technical risks and try new things which are needed to drive the improvement of the Accelerate metrics!” About Haystack Analytics Haystack was founded in 2020 by Julian Colin and Kan Yilmaz for tech teams to learn more about roadblocks to their work, improve productivity and importantly identify burnout issues with developers. Haystack helps build elite developer teams by providing engineering metrics and alerts proven to drive performance, improve software reliability and prevent developer burnout. Through their integration with GitHub, Haystack is able to provide live data insights that illustrate the entire delivery process from commit to deploy, being able to highlight bottlenecks like code review and team productivity. Using this feedback loop, Haystack users have increased production deployments by 58% and achieved 70% faster cycle times on average. In June 2021, Haystack announced it had secured a US$1.2m funding round after graduating from Y Combinator’s W21 batch. Contact Details Haystack Analytics Bilal Mahmood +44 7714 007257 bilal@usehaystack.io Company Website https://www.usehaystack.io/

January 24, 2022 11:09 AM Eastern Standard Time

Image

Jason Carris Buys Independent Print Shop and Converts Business to Minuteman Press Franchise in Red Bank, NJ

Minuteman Press International Inc

Jason Carris is the new owner of Minuteman Press in Red Bank, NJ, which is part of the Middletown Township. Utilizing the Minuteman Press Franchise Conversion Program, Jason purchased independent print shop All American Print & Copy Center, which was in business for 40 years, and took over the location in September 2021. Jason says, “ The biggest advantage of buying this business was having an established clientele. We did our research and made sure the owners were respected by their clients. There was also 40 years of history and track record as well.” What is it like for Jason to be a new local business owner in Red Bank? He says, “Once you make that leap, it’s a very exciting experience to own your own business. We have a vibrant community here and I see the long-term growth potential. I am looking forward to making Minuteman Press a real pillar and trusted business partner in Red Bank / Middletown Township.” Jason further explains, “I think we have a tremendous opportunity to expand our wide format printing business with banners, posters, and signage remaining in high demand for our clients. I am also looking forward to bolstering our in-house mailing and direct mail services to help other local businesses reach their target audiences.” Prior to franchising, Jason worked in medical publishing and digital marketing. He also ran a number of small consulting businesses in his career. He says, “A combination of things – including the pandemic and economic forces – made me decide to go fully into business ownership. My wife Renee has an entrepreneurial spirt as well.” He adds, “ Minuteman Press International and our Regional Vice President Jim Galasso guided us through the purchase of the business step by step. Jim made the process easier to manage and I couldn’t have done this on my own without the help from the team at Minuteman Press.” Why Minuteman Press? Jason answers, “We did a lot of research and Minuteman Press jumped out to us on a number of levels. They were on a lot of top franchise lists, they appealed to people who hadn’t owned a business, and the business seemed easy to learn. In addition to being a highly respected franchise, Minuteman Press had a reasonable cost of entry and I appreciate their cap on royalties.” He continues, “The support has been wonderful. Because there is a 40-year history of the independent print shop we purchased, we have been transitioning the business. It’s great to have the training and support especially since I had not run a business of this scope before.” When asked about the keys to making that leap and becoming a business owner, Jason shares, “I think the two biggest keys to owning a business are to really make sure you feel 100% comfortable with the business model, and to believe in your products and services. Also, it is important to be proactive but also have patience after buying the business. Think about growth potential, and understand there is a learning curve. That’s normal for everyone.” Minuteman Press in Red Bank is located at 518 Route 35, Red Bank, NJ 07701. For more information, call 732-758-6200 or visit their website: https://minuteman.com/us/locations/nj/red-bank. Learn more about #1 rated Minuteman Press franchise opportunities at https://minutemanpressfranchise.com. For more information on the Minuteman Press Franchise Conversion Program, visit https://bit.ly/minutemanpressconversions. Contact Details Minuteman Press International Chris Biscuiti +1 631-249-1370 cbiscuiti@mpihq.com Company Website https://minutemanpressfranchise.com

January 24, 2022 10:00 AM Eastern Standard Time

Image

News Release

Aver, the World’s First Fully Decentralized Web3 Betting Platform, Closes $7.5M Seed Funding Round

Aver

Aver, a decentralized peer-to-peer betting exchange built on the Solera blockchain, today announced it raised $7.5 million in seed funding. The raise was led by Jump Crypto, which along with its affiliate Jump Capital, is a key player in both the crypto and sports betting venture capital domain. The project also drew backing from other venture capital heavyweights, including Mirana Ventures, Susquehanna International Group, Genesis Block Ventures, Serum Ventures, Blue Pool Capital, MEXC, Gate.io, Petrock Capital and Solar Eco Fund. The seed round will be used to help bring the world’s first decentralized Web3 betting platform to market as well as fund development and legal regulatory operating costs. The platform expects to launch in mid-2022, after a closed beta in Q1 2022. The innovation underlying Aver is a blockchain protocol which enables peer-to-peer matching of bets in a way that does not require a ‘trusted middleman’ - as is the case in a traditional bookmaker or exchange such as Betfair. This enables betting at a fraction of the cost as compared and eliminates counterparty risk. Aver has ambitions to move to an open-source structure over time, allowing for third parties to build applications on top of the technology, such as new features, interfaces and markets, and supporting the continued development of the Aver ecosystem. The investor line-up represents some highly strategic investment partners for the ambitious early-stage project - including heavyweights in both the sports betting and crypto trading domains and connections to some of the world’s largest crypto exchanges. Peter Johnson, Partner at Jump Crypto - “At Jump, we are excited about the future of Web3, sports betting, and the confluence of these two areas. We believe Aver’s approach to decentralized sports betting can increase transparency, reduce costs, and enable operations at a global scale.” Dean Carlson, Head of Digital Asset Investments at Susquehanna - “Aver brings real innovation to the betting industry. Its open and decentralized mechanism of exchange has the potential to really disrupt the traditional betting markets - facilitating more fluid trading, greater price transparency and returning a significant chunk of the profit margins back to users.” David Toh, Partner at Mirana Ventures - “In many respects, blockchain and Web3 technology is still in its infancy, and we are still in the early stages of wider adoption. Part of the challenge ahead is designing a product that offers users all of the many benefits of decentralization - but without any compromise to user experience and ease-of-use versus traditional platforms. From what we’ve seen to date, we are confident that the Aver team can deliver on that.” The Aver platform is built on Solana - a blockchain network which has gathered much attention in recent months, as it boasts transaction costs and processing times approximately 1/1,000th of that on Ethereum. The team behind Aver has already brought a proof of concept technology to fruition as part of the Solana Ignition Hackathon, claiming a top spot and recognition among the hundreds of promising applications of the blockchain technology in the decentralized finance (‘DeFi’) space. For more information on Aver, please visit the project on Twitter @AverBet or at aver.bet. ABOUT AVER Founded in 2021, Aver is a decentralized peer-to-peer betting exchange built on the Solana blockchain and the world’s first decentralized Web3 betting exchange. Contact Details Hot Paper Lantern Michael Adorno +1 212-931-6143 madorno@hotpaperlantern.com Company Website https://aver.bet/

January 24, 2022 09:01 AM Eastern Standard Time

NICOLAS JIMENEZ NAMED DIRECTOR OF GOVERNMENT AFFAIRS FOR COMCAST HOUSTON

Comcast Houston

Nicolas Jimenez has been named director of Government Affairs for Comcast’s Houston Region. In this role, Jimenez will be responsible for overseeing regulatory, franchising, and public policy matters across the entire region. “I’m so excited to join the terrific Comcast team in our Houston region and continue to build on the excellent relationships we have with our government and community partners,” Jimenez said. “My family and I are thrilled to now be part of America’s most diverse city and to a region known for growth, hospitality, and innovation.” Before joining the Houston team, Jimenez led Comcast’s government affairs efforts in South Metro Denver and Southern Colorado. He also worked at Comcast’s Philadelphia headquarters, where he served as national partnerships lead for Internet Essentials, Comcast’s signature community impact initiative aimed at helping income-constrained households get online. Jimenez is a passionate lifelong learner and community-oriented leader, who has a long history of development and paying it forward. “We are excited to have Nicolas join our Comcast Houston team,” said Toni Beck, vice president of External Affairs, Comcast Houston. “His expertise and background in government affairs, passion for digital equity and meaningful stakeholder engagement will be an invaluable asset as we deepen our connection with communities and customers, remain laser-focused on closing the digital divide and grow Comcast’s business in the Houston area.” Jimenez replaces Melinda Little who was promoted to a government affairs role in the Company’s central division. Jimenez is a graduate of Temple University, Fox School of Business. He is a native of San Juan, Puerto Rico, who enjoys volunteering and spending time with his wife and kids. Comcast Corporation (Nasdaq: CMCSA) is a global media and technology company that connects people to moments that matter. We are principally focused on broadband, aggregation, and streaming with 57 million customer relationships across the United States and Europe. We deliver broadband, wireless, and video through our Xfinity, Comcast Business, and Sky brands; create, distribute, and stream leading entertainment, sports, and news through Universal Filmed Entertainment Group, Universal Studio Group, Sky Studios, the NBC and Telemundo broadcast networks, multiple cable networks, Peacock, NBCUniversal News Group, NBC Sports, Sky News, and Sky Sports; and provide memorable experiences at Universal Parks and Resorts in the United States and Asia. Visit www.comcastcorporation.com for more information. Contact Details Foti Kallergis +1 832-986-0196 Foti_Kallergis@comcast.com Company Website https://houston.comcast.com/

January 24, 2022 05:00 AM Central Standard Time

Spotlight Sports Group Announces Title Sponsorship of the FSGA Winter Conference

Spotlight Sports Group

Spotlight Sports Group, a world-leading technology, content and media company specializing in sports betting and fantasy sports, announced the company will be the title sponsor of the upcoming Fantasy Sports & Gaming Association (FSGA) Winter Conference at the LINQ Hotel in Las Vegas on Feb. 15-16. The FSGA Winter Conference brings together fantasy sports, sports betting and gaming executives from across the world to network and discuss major trends in the marketplace, new technologies and emerging legislation and regulation impacting the entire sports gaming industry. In addition to breakout panels and keynotes, the conference features an awards ceremony and an innovation pitch competition. Spotlight Sports Group’s SVP of Business Development, Rick Wolf is a founding member of the FSGA and will co-host the event. As the title sponsor of the event, Wolf will also provide the opening remarks to start the conference focused on the massive expansion of sports betting and gaming set to take place for 2022. “With the emerging legalization of sports betting across America, specifically in states with large populations like California and Texas, companies have a limited time to take advantage of the gold rush. In 2022 alone, we’re predicting the number of American sports bettors with legal access to sports betting could double, from less than 40% to close to 75%,” said Wolf. “This year’s conference will explore all the ways businesses can innovate and create sustainable revenue streams before it's too late to scale efficiently.” In addition to the title sponsorship, the company will co-sponsor a free-to-play game for all attendees alongside the FSGA. Spotlight developed the free-to-play game through its self-service game engine. The game concept provides the FSGA audience a proof of concept of how companies can quickly bring to market a coveted user engagement tool like free-to-play games. The prop-style free-to-play game will be available to all attendees and will feature a prize of an autographed NFL jersey. “For more than 20 years, the FSGA has been at the forefront of progress for the fantasy, sports betting and gaming industries,” said Harry von Behr, Spotlight’s managing director of sport and co-US CEO. “Spotlight is one of the only companies to provide a full-service technology and content offering across the entire fantasy sports, sports betting and gaming industries. The sponsorship is a natural extension of our capabilities, providing value and insights to all those in attendance.” For more information regarding the conference and other attendees here: https://thefsga.org/fsga-winter-conference/ ABOUT SPOTLIGHT SPORTS GROUP Spotlight Sports Group (owned by Exponent Private Equity) is a leading technology, content and media business specializing in sports betting. Evolved from the Racing Post Group, Spotlight Sports Group engages millions of people directly through Racing Post, Pickswise, Free Super Tips, Fantasy Alarm and myracing. The company also has decades of experience in powering growth and conversion for the world’s biggest sportsbooks and media companies, delivering best-in-class technology and expert scalable content experiences in more than 70 languages. Contact Details Michael Adorno +1 212-931-6143 madorno@hotpaperlantern.com Company Website https://www.spotlightsportsgroup.com/en_us/

January 20, 2022 12:08 PM Eastern Standard Time

Shekel Technology Drives its First US Autonomous Store

SHEKEL

SHEKEL (ASX: SBW), the Israeli-based leader in artificial intelligence-based (AI) electronic weighing systems, will see its groundbreaking product identification technology implemented in the world’s first fully first autonomous store opening shortly in Fayetteville, Georgia. Nourish + Bloom, a new retail chain which aims to offer healthy food to communities across the United States, will feature Shekel’s smart solutions for accurate and real-time identification of shelf products in its flagship store due to open on January 21. Developed for the global retail and healthcare services sectors, the technology enables the rapid implementation of autonomous shopping at reasonable costs, while completely maintaining the buyers’ privacy. Shekel’s technology will combine with Hitachi’s consumer tracking technology in the Nourish + Bloom chain. Customers will use a mobile app, developed by UST, make their purchases from product-aware shelves, and have payment channeled directly to their payment systems, completely eliminating waiting in line at checkouts. The store also includes a bistro offering a wide range of healthy fresh food to order, where the customer can sit in a café to eat on the spot or have delivered. In addition to the autonomous shopping experience, customers can have their purchases delivered to their homes by dedicated robots. The N+B chain, which has a social and environmental agenda, promotes a unique concept that it says redefines the "traditional corner store in the neighborhood" by focusing on the personal connection of the neighborhood retailer while introducing sustainability and autonomous checkout technology. The highest priority is given to local brands to reduce the carbon footprint. In addition, fresh food products and the importance of care and health are high on the chain's priorities while adhering to the highest standards. The new store is the first expression of its kind worldwide, resulting from the unique collaboration of three advanced technology companies, Hitachi, SHEKEL, and UST who have partnered to create an innovative and advanced system for the retail world: SHEKEL's product identification technology enables accurate and real-time product recognition technology; Hitachi's 3D LiDAR technology, enables monitoring customers and linking products to their personal shopping cart without compromising the customer privacy; while UST developed the in-store management systems and the store app. UST also manages the project, integrates between all three and makes the application accessible to the store customer. Jamie and Jilea Hemmings, founders of Nourish + Bloom Market, are excited to redefine what the future of grocery shopping looks like: “Through our partnerships with UST, and Shekel for autonomous and smart shelf technologies, we will be able to increase access to healthier food options as we continue to expand around the United States." Rami Bahar, Chief Business Development Manager of SHEKEL stated: “We are proud to partner with a new retail chain that promotes and operates on the values of innovation, sustainability and community. SHEKEL is at the forefront of retail tech with an outstanding combination of patented IoT sensors and artificial intelligence-based algorithms, resulting in the best product recognition technology available today. Our groundbreaking technology enables a scalable implementation of autonomous shopping, at reasonable costs, without operational limitations while completely maintaining the privacy of the shoppers. The partnership with Hitachi and UST, each a leader in its field, enables us to offer a holistic and complete product, with an attractive return on investment model that allows, for the first time, a profitable rollout of autonomous store networks." How it works To buy in the autonomous store, the customer downloads an app and enters the means of payment only once. When the buyer arrives at the store, a barcode is used for identification. Selected products are placed in the shopping cart, and at that moment the smart shelving system identifies the purchase, knows how to refund returned products and informs the retailer of what was taken, anything that may be missing, and what was not returned to its place. On the successful transaction, the buyer exits the store, and the receipt is sent to the app. Following the launch of the flagship store in Fayetteville, GA the chain intends to develop a network of franchise branches across the US with the same concept over the next few years. SHEKEL and the other partners will be contracted as providers of the autonomous store platform. About Shekel – Doing Magic with Gravity SHEKEL has been at the forefront of the digital weighing industry for the past four decades. Thanks to a unique combination of innovative technology, sophisticated software, artificial intelligence models and advanced algorithms, SHEKEL's weighing systems have proven their ability to provide weighing solutions with maximum precision, as well as gaining recognition of their products and indicative solutions for a wide range of industries, from retail and medical to science and security. SHEKEL strives to help its partners reach their goals and serve their customers in the best way, and to improve the lives of millions all over the world. Leveraging many years of experience and countless success stories, our aspiration to preserve SHEKEL’s status as a leader in the digital weighing industry is embodied and defined in our basic principle: the customer is at the center of everything that we do. That magic solution that blends many years of thought leadership, combined with a mindset of entrepreneurship and innovation, is what motivates our team to continue to develop differentiating technologies, and in this is the source of SHEKEL'S appeal. The protected combination of SHEKEL patents, which combine weighing technologies with artificial intelligence (AI) and Internet of Things (IoT) technologies has led to the development of our "product-conscious technology". SHEKEL is committed to continue to innovate and expand into global markets. Our website: www.shekelonline.com About N&B Nourish + Bloom Market is the first autonomous grocery store with robotic delivery in the United States and the first African American owned autonomous grocery store in the world. Nourish + Bloom is on a mission to make eating healthy and convenient. We believe that everyone deserves to eat healthy. Nourish + Bloom offers locally sourced craft items, such as produce, meats, baked goods, dairy and prepared meals, alongside everyday convenience items with no checkout. The benefit of autonomous shopping, vending, and robotic delivery means you have 24/7/365 access to real food and environmentally friendly products anytime. All products provided at Nourish and Bloom Markets are made with the highest quality ingredients that are minimally processed. www.nourishandbloommarket.com / About UST Born digital, UST have always believed in the power of technology to engineer a better future/ UST helps the world’s best companies succeed through transformation. Using a nimble, creative approach UST works together from start to finish to realize their customers’ vision for tomorrow. With the right talent and tools, UST crafts disruptive solutions, and provide the resources and expertise clients need to bring them to life. About Hitachi Vantara Hitachi Vantara, a wholly owned subsidiary of Hitachi, Ltd., guides our customers from what's now to what's next by solving their digital challenges. Working alongside each customer, we apply our unmatched industrial and digital capabilities to their data and applications to benefit both business and society. More than 80 percent of Fortune 100 companies trust Hitachi Vantara to help them develop new revenue streams, unlock competitive advantages, lower costs, enhance customer experiences, and deliver social and environmental value. Visit us at www.hitachivantara.com. Contact Details SHEKEL Ifat Yoffe +972 54-345-6250 ifat@shekelonline.com Company Website https://shekelonline.com/

January 20, 2022 10:45 AM Eastern Standard Time

Image

NYPA and SIGA Explore Using Level-0 Monitoring Technology To Overcome Cybersecurity Gaps in the Energy Sector

SIGA OT Solutions

The New York Power Authority (NYPA), America's largest state power organization and SIGA OT Solutions, a leading OT cybersecurity company, formed a collaboration in 2019 as part of a New York State economic development partnership, and have published a white paper based on their findings, called Overcoming Cybersecurity Gaps in the Energy Sector: How to Address Stuxnet-Type Scenarios Using Level-0 Monitoring. NYPA identified cyberattacks as a major threat to its operations in the coming years. NYPA’s cyber division—together with the AGILe team—aimed to reduce the risk of cyber-attacks on its facilities. The main objective of the collaboration is to reveal otherwise undetectable cyber threats—such as unique Stuxnet-type scenarios—using SigaGuard, an advanced electrical signal conditioning and analysis solution. SigaGuard is the leading process-oriented detection (POD) solution based on Level 0 information which cannot be tampered with or masked. Cybersecurity gaps in OT environments need to be addressed taking a multi-level approach, with ongoing threat analysis to minimize the attack surface of potential hackers. When considering adversary tactics and threat models, there is an apparent gap in the field level of the process and sensors, Level 0. This gap was exploited in several cases in recent years and can cause dangerous situations—which can impact the OT process and endanger lives. The recently published white paper describes how NYPA and SIGA collaborated in a simulated attack environment to test these scenarios. The sequence of attacks was carefully designed and executed by NYPA’s AGILe lab team and cyber experts, focusing on the main cyber scenarios which affect the real operation of a sub-station with either false or no reporting to the control level. The test outcome validates the significance of Level 0 monitoring as a holistic approach towards OT cybersecurity, clearly demonstrating the unique advantages of combining POD and Level 0 data. Focusing on electric signals—before they are converted into data packets and filtered by the PLC—is probably the most effective technique for accurately identifying an operation anomaly, regardless of the cause. It can bring the highest possible level of visibility into process equipment and sensor functioning, closing an intractable gap against determined adversaries. Link to white paper: https://sigasec.com/resources/overcoming-cybersecurity-gaps-in-the-energy-sector-how-to-address-stuxnet-type-scenarios-using-level-0-monitoring/ Alan Ettlinger, Sr. Director, Research, Technology Development and Innovation at New York Power Authority, noted: “NYPA places a priority on preventing any downtime, failure or malfunctions of its mission-critical infrastructure, and we invest a great deal of effort and resources to ensure resilience and security. SigaGuard’s monitoring system that detects anomalous behavior and provides real-time validation of process data was demonstrated in a substation environment, which is one of our critical assets, and conforms with NYPA’s innovative deployment plan in the areas of process resilience and security.” Amir Samoiloff, co-founder and CEO of SIGA, added: “SIGA’s cooperation with NYPA has demonstrated a strong and strategic bond with a major utility in the U.S., with the highest professional conduct. This collaboration became possible due to the excellent expertise and motivation of the NYPA team. SIGA is looking forward to deepening its partnership with NYPA’s elite cyber protection team by further integrating SIGA’s cyber security solution, SigaGuard, into additional NYPA critical infrastructure centers.” About NYPA NYPA is the largest state public power organization in the US, operating 16 generating facilities and more than 1,400 circuit-miles of transmission lines. More than 80 percent of the electricity NYPA produces is clean renewable hydropower. NYPA uses no tax money or state credit. It finances its operations through the sale of bonds and revenues earned in large part through sales of electricity. For more information visit www.nypa.gov SIGA OT Solutions Developer of SigaGuard, a technology platform that providesincipient failure detection for infrastructure operators to improve the reliability, safety, and cybersecurity of their assets. SIGA’s technology is US patented and ISO / IEC 27001 certified providing OT monitoring, anomaly detection and cybersecurity solutions for commercial, industrial, critical infrastructure, ICS and SCADA systems. SIGA Data Security and SIGA OT Solutions Inc., a Delaware corporation, boasts satisfied customers in the United States, Europe, Singapore, Japan, and Israel, and were named a Gartner "Cool Vendor" for Industrial IoT and OT Security, and is a recipient of the EU Research and Innovation program - Horizon 2020. For more information visit www.sigasec.com Contact Details SIGA OT Solutions Ilan Sosnovitch +972 50-327-3092 ilan.s@sigasec.com Company Website https://sigasec.com/

January 20, 2022 09:03 AM Eastern Standard Time

1 ... 511 512 513 514 515 ... 644