Wednesday, May 22, 2024

Read Magazine’s Weekly Roundup: Discover the Most Recent News Unifi Aviation, Tekmetric, WorkFusion, CSafe , Momentus and More !

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…

Unifi Aviation acquires Prospect Airport Services, consolidating its position as the leading aviation services provider in the United States

Unifi Aviation is strengthening its position as the top aviation service company in the United States with the acquisition of Prospect Airport Services. Prospect Airport Services has key operations at airports in more than 30 cities, including Chicago, IllinoisDallas, TexasNewark, New Jersey and more. The company provides a range of services, including baggage handling, lost and found, aircraft cleaning and wheelchair assistance being the most significant services.

In Automotive news this week…

Tekmetric Introduces Tire Suite Solutions to Streamline Tire Management Processes

Tekmetric, a leading automotive repair technology company, has marked its entry into the tire shop industry with its new feature, Tekmetric Tire Suite, which streamlines tire management for auto repair and tire shops alike. With Tire Suite in its all-in-one shop management solution, Tekmetric will continue to meet the diverse needs of automotive professionals, fostering seamless collaboration and optimizing operations across the industry.

In BFSI news this week…

WorkFusion Rolls Out GenAI-Powered Digital Workers to Help Financial Institutions Fight Financial Crime and De-Risk GenAI

WorkFusion, a leading provider of AI regulatory compliance solutions for banking and financial services, today announced that it has rolled out Generative AI (GenAI) enhancements to its pre-built AI Digital Workers that augment anti-money laundering (AML) teams to fight financial crime and support regulatory compliance. The new GenAI capabilities increase automation rates up to 95 percent, reduce the risk of errors to nearly zero, and provide enhanced narratives to enable AML analysts to speed up time to decisions and provide a more detailed narrative to regulators.

In Biotech this week…

CSafe Elevates Cell and Gene Therapy Transport with Reusable Cryogenic Solution

CSafe , a provider of active and passive temperature-controlled shipping solutions for the biopharmaceutical industry, proudly announces the launch of a new line of multi-purpose cryogenic dewars for the cell and gene therapy market. The progressive technology, which is the first in CSafe’s CGT Cryo series, maintains temperatures below -150°C.

In Defence Technology news this week…

Converge Technology Solutions Named North America Winner of IBM Partner Plus Award in Digital Defense Category

Converge Technology Solutions Corp. announced it is the Geography Winner of the 2024 IBM Partner Plus Award in the Digital Defense category for North America. The inaugural IBM Partner Plus Awards celebrate business partners in the IBM Ecosystem who advance businesses, reshape industries, and create positive impact through partnership. Entries were anonymized and judged on Expertise, Partnership, Impact, and Innovation. Award winners were selected from hundreds of submissions across six categories.

In Energy, Power and Sustainability news this week…

Momentus and Ascent Solar Technologies Partner to Bring to Market Leading-Edge Solar Arrays

Momentus Inc. and Ascent Solar Technologies announced a new partnership to jointly market leading-edge solar arrays utilizing the low-cost Tape Spring Solar Array (TASSA) being developed by Momentus and the high performance of Ascent’s flexible, lightweight photovoltaic modules. The rapid growth in the production and deployment of thousands of satellites in space has led to the burgeoning need for low-cost, reliable solar arrays with high performance.

In Food & Beverage this week…

Shift4 Launches Skytab Business Intelligence Platform To Deliver Enterprise Reporting And Management Capabilities For Restaurants

Shift4, the leader in integrated payments and commerce technology, has launched SkyTab Business Intelligence (BI), a powerful reporting and analytics platform to meet the needs of restaurants of all sizes – from small independent restaurants to large enterprise chains. SkyTab BI is among a wide array of new features added to SkyTab POS that deliver advanced reporting capabilities and enterprise management tools, augmenting the software’s already robust functionality.

In Healthcare this week…

Joerns Healthcare and ONDO Systems Announce Strategic Partnership to Revolutionize Care with the Connexio® Platform for Connected Care

Joerns Healthcare, a leader in designing and manufacturing innovative healthcare equipment solutions, and ONDO Systems, a trailblazer in the healthtech field, announced that they have entered a strategic channel partnership to develop new technology-enabled capabilities for Joerns products. Together Joerns and ONDO are building an enabling connected care ecosystem targeted to simplify clinical and workflow solutions while easing the burden on clinical and operational staff.

In Information Technology this week…

Corsha Wins MxD Project to Fortify Manufacturing Supply Chains

Corsha Inc., a Washington D.C.-based cybersec urity firm pioneering next generation Identity Provider for Machines, announced that MxD (Manufacturing x Digital) has selected Corsha to lead a project to secure the manufacturing supply chain and create playbooks that will provide guidance securely moving proprietary data across operational technology (OT) and information technology (IT) systems. Corsha is collaborating with the Ohio State University Center for Design and Manufacturing Excellence (CDME) on this effort.

In Logistics and Supply Chain this week…

Alibaba.com Unveils Affordable, Customizable Logistics Solutions for U.S. SMEs

Alibaba.com, a leading platform for global business-to-business (B2B) e-commerce, officially introduced its Logistics Marketplace, providing U.S. small and medium-sized enterprises (SMEs) with access to affordable and customizable logistics services to streamline their supply chains and gain global reach with greater ease.

In Internet Of Things (IOT) this week…

Asimily and Secolve Partner to Bring Comprehensive IoT Security and Risk Management to Australia

Asimily, a leading Internet of Things (IoT) risk management platform, has partnered with Secolve, the Australian cybersecurity firm that specializes in providing OT security solutions for customers’ industrial and critical infrastructure. Under the agreement, Secolve will distribute Asimily’s comprehensive solution for IoT risk management and security, including device visibility, vulnerability mitigation, threat detection and incident response, risk modeling, and more.

In Materials this week…

Markem-Imaje Unveils Multipurpose Ink for Clear Coding on Cable and Other Extruded Products

Markem-Imaje, part of Dover and a global provider of end-to-end supply chain solutions and industrial marking and coding systems, announced that it has launched a new, highly versatile opaque white ink that is compatible with its specialized extruded product coders, such as the 9750+, 9750 E+  and 9750 EW+ continuous inkjet (CIJ) printers. The MW2160P white ink is a multipurpose solution tailored to meet the diverse needs of manufacturers working with extruded substrates like polyvinyl chloride, polyethylene and rubber.

In Retail this week…

Celigo and TikTok Shop Partner to Unlock New Opportunities for Retailers

Celigo, the leading Integration Platform as a Service (iPaaS) for both IT and business users, has partnered with TikTok Shop, a collaboration that provides unparalleled benefits for retailers. By integrating TikTok Shop with Celigo’s powerful Integration Platform as a Service (iPaaS), retailers can streamline their operations, enhance visibility, and elevate the shopping experience for their customers. This collaboration underscores Celigo’s commitment to optimizing social commerce operations and enhancing the overall shopping experience for consumers.

In Semiconductor & Electronics this week…

Axcelis Announces Multiple Shipments of Purion Power Series Implanters to Leading Silicon Carbide Chipmakers Worldwide

Axcelis Technologies, Inc., a leading supplier of enabling ion implantation solutions for the semiconductor industry, announced multiple shipments of the Purion Power Series ion implanter systems to leading silicon carbide (SiC) power device chipmakers worldwide. The shipments, all shipped in the first quarter, included the Purion H200™ SiC high current, the Purion XE™ SiC high energy and the Purion M™ SiC medium current implanters. The 150mm and 200mm systems will be used in high volume production of power devices supporting automotive, industrial, energy, and other power intensive applications.

Article of the Week

What’s Next in Banking Software: Trends and Top Solutions for 2024

Banking Software

The world is undergoing a profound transformation through digitalization, and nowhere is this more evident than in the banking sector. In this fiercely competitive landscape, companies vie for customer loyalty by offering cutting-edge banking software that is not only convenient and reliable but also safe, compliant, and modern. Gone are the days when traditional banks held sway; today, success in financial services hinges on providing superior software solutions to meet evolving customer needs and expectations.

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