Here is Read Magazine’s Weekly Roundup of the top news from global markets. In this fast-paced world, breaking down information helps readers grasp the nuances that follow the news.
In Aerospace news this week…
Terran Orbital Named 2023 Winner in the BIG Award for Business
Terran Orbital Corporation, a global leader in satellite-based solutions primarily serving the aerospace and defense industries, received the Business Intelligence Group’s BIG Award for Business and was named Small Business of the Year. The organization’s annual program was advertised as the “Small Business of the Year” program and rewards companies, products, and people that are leading their respective industries. Terran Orbital is a leading satellite manufacturer catering to aerospace, defense, civil, and commercial sectors. It provides end-to-end satellite solutions, encompassing design, production, launch planning, and on-orbit support. Terran Orbital stands out uniquely with groundbreaking innovations in satellite technology and ensures reliable access to space through state-of-the-art satellite systems.
In Automotive news this week…
Deere & Company, announced that it has named Deanna Kovar as its new President of Worldwide Agriculture and Turf, Small Ag and Turf, and Regions 1 and 2, which include the company’s presence in Asia, Africa, and Europe. She replaces Mark von Pentz who is retiring.In this role, Kovar will be responsible for the overall management and performance of the company’s Small Ag and Turf business, as well as John Deere’s performance in these markets. Kovar previously served as vice president, Production and Precision Ag since 2020, where she led a global team focused on delivering equipment and technology solutions that help ag operators be more productive, profitable, and sustainable.
In BFSI news this week…
Spryker Partners with Vertex to Integrate Tax and Compliance Solutions for Global Customers
Spryker, the leading composable commerce platform for sophisticated use cases in B2B Commerce, Enterprise Marketplaces, and Thing Commerce, announced a new partnership with Vertex Inc., a leading global provider of indirect tax technology solutions. The partnership will see Vertex’s services offered through Spryker’s App Composition Platform, simplifying the process of complying with local tax jurisdictions in more than 19,000 jurisdictions worldwide. Customers can now connect with and leverage Vertex® O Series® to streamline tax needs for third-party seller configuration and sales tax.
In Biotechnology news this week…
Taulia and Mastercard partner to launch virtual card B2B payments solution
Taulia, a leading provider of working capital management solutions, has partnered with Mastercard to launch Taulia Virtual Cards. The new solution provides businesses with additional working capital management advantages, including the ability to maximize cash flow and minimize payment uncertainty. Following Taulia Virtual Cards’ seamless integration across SAP ERP solutions, including SAP S/4HANA and other major enterprise resource planning (ERP) platforms, corporates can streamline previously cumbersome payment-related tasks more effectively and affordably.
In Defence Technology news this week…
LatticeFlow Brings Safe and Trustworthy AI to the U.S.
This seasoned trio brings a wealth of experience in driving strategic partnerships, executing impactful marketing initiatives, and designing customer solutions while reinforcing LatticeFlow’s commitment to responsible AI adoption. “The expansion into the U.S. market is a strategic move for LatticeFlow, and we are thrilled to have such a distinguished team of professionals at the helm,” remarked Petar Tsankov, Co-founder and CEO of LatticeFlow. “Dave, Ritee, and Nate bring a collective wealth of experience that aligns perfectly with our vision for responsible and impactful AI solutions. Their leadership will undoubtedly propel LatticeFlow to new heights in the U.S. market.”
In Energy, Power and Sustainability news this week…
Autel Energy to Debut MaxiCharger DC HiPower with Live Demonstrations at CES 2024
Autel Energy, a leading provider of EV (electric vehicle) charging solutions and services, is set to mark its presence once again at the upcoming Consumer Electronics Show (CES) in Las Vegas this January. The company will showcase its acclaimed residential and commercial EV charging solutions including the highly anticipated debut of the MaxiCharger DC HiPower in conjunction with the latest innovations in Autel Charge Cloud. On January 9-12, 2024 at the Las Vegas Convention Centre in Las Vegas, Nevada, Autel Energy will present live demonstrations of the MaxiCharger DC HiPower, a game-changing charging solution that redefines the EV charging experience. It boasts the following features that distinguishes it from other high-powered EV chargers:
In Healthcare this week…
Bioforum Expands Clinical Trial Technology and Services with Acquisition of Validify
Validify provides a proven, agile, cloud-based platform that is fully configurable and rapidly deployable, enabling clinical trial sponsors to digitize their validation process, implement a risk-based computer software assurance (CSA) approach, and eliminate the burdens of the traditional CSV process with a comprehensive automation solution. Pharmaceutical, biotech, medical device, and other life sciences organizations leverage Validify to reduce validation risks and improve regulatory compliance, accelerate project timelines, enhance traceability and audit readiness, avoid over-testing and shorten cycle times, and enable collaboration.
In Information Technology this week…
Cadmus Leadership Receive Honors at 2023 WashingtonExec Pinnacle Awards
The Pinnacle Awards honor industry leaders in their respective fields and in the government industry. Huxley won for Marketing Executive of the Year for Private Firms under $250M, Gray won for Diversity, Equity, and Inclusion Executive of the Year for Private and Public Firms, and Chief Human Resources Officer Kerri Morehart was recognized as a finalist for HR Executive of the Year for Private Firms under $250M. The awards ceremony was held on November 16, 2023, at the Ritz-Carlton in Tysons Corner, Virginia.
In Internet Of Things (IOT) this week…
Vrgineers Launches XTAL 3 CAVU MR Headset with Advanced AMD and NVIDIA Chips
The US-Czech startup, Vrgineers, specializing in Virtual and Mixed Reality technologies for pilot training, has teamed up with AMD and NVIDIA, graphical chip rivals, to pioneer an innovative architecture for mixed reality simulators. Vrgineers will unveil the new MR headset XTAL 3 CAVU at I/ITSEC 2023. Mixed reality technology is gaining momentum in the simulation industry, especially in pilot training environment and is expected to surpass the usage of standard projection-based simulators. Today’s mixed reality technology has been limited by the quality of image sensors and high-performance requirements.
In Logistics and Supply Chain this week…
Tecsys Recognized as an Expert in Nucleus Research’s Inaugural 2023 WMS Technology Value Matrix
Tecsys Inc., a global leader in supply chain management solutions, has been recognized in the inaugural Nucleus Research WMS Technology Value Matrix for 2023, where it has been placed in the “Expert” quadrant. According to the technology research and advisory firm, Tecsys distinguishes itself from competitors due to its advanced capabilities, deep functionality, and Distribution and Healthcare-specific industry expertise. The Nucleus Research WMS Technology Value Matrix offers a comparative ranking of significant vendors within a market to provide empirical guidance in the WMS vendor selection process. Vendors are assessed based on two critical value drivers: usability and functionality. These vendors are categorized into one of four groups: Leaders, Experts, Facilitators, or Core Providers.
In Retail this week…
VSBLTY RECEIVES P.O. FOR $500K TO CO-DEVELOP AI-DRIVEN RETAIL POS SOLUTIONS
VSBLTY Groupe Technologies Corp, a leading AI software provider of security and retail analytics technology, is developing in tandem with two global partners, a retail test program that will enable specific product recognition and point-of-sale purchase validation, provide enhancements to inventory controls, and drive more insightful and timely analytics and reporting. The first phase of the collaboration, funded in part by VSBLTY’s partners, is being developed in neighborhood bodegas in Mexico City and will be completed by Q1 2024. “This exciting project is the first step in a long-term alliance that will not only dramatically improve product control and upgrade how retail is managed but will also enable brands to evaluate in-store advertising messages,” according to VSBLTY Co-founder & CEO Jay Hutton. “Using VSBLTY’s suite of computer vision software, we can create solutions to recognize any kind of product, automatically validate sales, and build anonymized analytics that will enlighten retail management and directly link media views in retail with improvements in impulse purchases.”
In Semiconductor & Electronics this week…
Qorvo to Present at the UBS Global Technology Conference
Qorvo supplies innovative semiconductor solutions that make a better world possible. We combine product and technology leadership, systems-level expertise and global manufacturing scale to quickly solve our customers’ most complex technical challenges. Qorvo serves diverse high-growth segments of large global markets, including consumer electronics, smart home/IoT, automotive, EVs, battery-powered appliances, network infrastructure, and aerospace/defense. Visit www.qorvo.com to learn how our diverse and innovative team is helping connect, protect and power our planet.
In FOOD & BEVERAGE this week…
Meat Processors Have a New Inspection Innovation to Improve Food Quality and Safety
Meat and poultry processors are applying lessons from the pandemic by adopting vision inspection technology to augment quality assurance processes and save on labor. One new option is a vision inspection system that, unlike others, is specifically designed for the meat processing industry and helps processors redeploy workers while improving quality, food safety, and processes.
In Smart Lighting this week…
Sense and Helio Home Empower Consumers to Electrify Homes
Sense, an embedded electric meter intelligence company that’s redefining how utilities and consumers interact with homes and the grid, and Helio Home, a climate technology company with a mission to eliminate fossil fuels from every home in America, are launching a new referral partnership that will transform how consumers electrify their homes.
In MEDICAL DEVICES this week…
Sense and Helio Home Empower Consumers to Electrify Homes
Sense, an embedded electric meter intelligence company that’s redefining how utilities and consumers interact with homes and the grid, and Helio Home, a climate technology company with a mission to eliminate fossil fuels from every home in America, are launching a new referral partnership that will transform how consumers electrify their homes. The program provides Sense’s customers with personalized information about rebates and incentives available for the installation of new, energy efficient appliances, guiding their journey to a more efficient, more comfortable, and carbon-free home. This partnership will enable consumers to transition away from fossil fuels, marking a key step on the journey to electrify 100 million homes.
In MATERIALS this week…
Cosentino chooses Sprinklr to create a unified social media and marketing strategy
Cosentino is a global brand with 148 business units and 6,000 employees from 129 different countries. Delivering consistent, on-brand experiences across channels at this scale is an immense challenge. Cosentino will use Sprinklr Social , Sprinklr Insights and Sprinklr Marketing to streamline content creation, distribution and audience engagement across all digital channels.
Article of the Week
The Role of Cybersecurity Analytics in Threat Detection and Incident Response
Every day, companies all over the world use data analytics to cut costs and boost the effectiveness of their internal operations, production, and customer service. However, amidst the growing digital landscape, it’s crucial to be aware of the potential cybersecurity risks that can threaten businesses. By harnessing the power of data analytics, especially in the realm of cybersecurity, organizations can ensure the safety of their databases and other systems. Large corporations often deal with huge amounts of data and take cybersecurity extremely seriously. It can speed up and strengthen the effectiveness of your company’s defense against online dangers. In this article, we will talk about cybersecurity analytics and learn how it can help your business stay safe. Let’s get started!