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Smart Label Market Research Report by Technology, by Application, by End User, by Region – Global Forecast to 2026 – Cumulative Impact of COVID-19 -…

Posted: July 16, 2021 at 1:15 pm

Smart Label Market Research Report by Technology (Dynamic Display Labels, Electronic Article Surveillance Labels, and NFC Tags), by Application (Electronic & IT Assets, Equipment, and Pallets Tracking), by End User, by Region (Americas, Asia-Pacific, and Europe, Middle East & Africa) - Global Forecast to 2026 - Cumulative Impact of COVID-19

New York, July 16, 2021 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Smart Label Market Research Report by Technology, by Application, by End User, by Region - Global Forecast to 2026 - Cumulative Impact of COVID-19" - https://www.reportlinker.com/p06087817/?utm_source=GNW

The Global Smart Label Market size was estimated at USD 9.99 Billion in 2020 and expected to reach USD 11.19 Billion in 2021, at a Compound Annual Growth Rate (CAGR) 12.32% from 2020 to 2026 to reach USD 20.08 Billion by 2026.

Market Statistics:The report provides market sizing and forecast across five major currencies - USD, EUR GBP, JPY, and AUD. It helps organization leaders make better decisions when currency exchange data is readily available. In this report, the years 2018 and 2019 are considered historical years, 2020 as the base year, 2021 as the estimated year, and years from 2022 to 2026 are considered the forecast period.

Market Segmentation & Coverage:This research report categorizes the Smart Label to forecast the revenues and analyze the trends in each of the following sub-markets:

Based on Technology, the Smart Label Market was studied across Dynamic Display Labels, Electronic Article Surveillance Labels, NFC Tags, RFID, and Sensing Labels.

Based on Application, the Smart Label Market was studied across Electronic & IT Assets, Equipment, Pallets Tracking, Perishable Goods, and Retail Inventory.

Based on End User, the Smart Label Market was studied across Aerospace, Automotive, Construction, FMCG, Healthcare, Logistics, Manufacturing, Postal Services, and Retail.

Based on Geography, the Smart Label Market was studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The Asia-Pacific is further studied across China, India, Indonesia, Japan, Malaysia, Philippines, South Korea, and Thailand. The Europe, Middle East & Africa is further studied across France, Germany, Italy, Netherlands, Qatar, Russia, Saudi Arabia, South Africa, Spain, United Arab Emirates, and United Kingdom.

Cumulative Impact of COVID-19:COVID-19 is an incomparable global public health emergency that has affected almost every industry, and the long-term effects are projected to impact the industry growth during the forecast period. Our ongoing research amplifies our research framework to ensure the inclusion of underlying COVID-19 issues and potential paths forward. The report delivers insights on COVID-19 considering the changes in consumer behavior and demand, purchasing patterns, re-routing of the supply chain, dynamics of current market forces, and the significant interventions of governments. The updated study provides insights, analysis, estimations, and forecasts, considering the COVID-19 impact on the market.

Competitive Strategic Window:The Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies to help the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. It describes the optimal or favorable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth during a forecast period.

FPNV Positioning Matrix:The FPNV Positioning Matrix evaluates and categorizes the vendors in the Smart Label Market based on Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) that aids businesses in better decision making and understanding the competitive landscape.

Market Share Analysis:The Market Share Analysis offers the analysis of vendors considering their contribution to the overall market. It provides the idea of its revenue generation into the overall market compared to other vendors in the space. It provides insights into how vendors are performing in terms of revenue generation and customer base compared to others. Knowing market share offers an idea of the size and competitiveness of the vendors for the base year. It reveals the market characteristics in terms of accumulation, fragmentation, dominance, and amalgamation traits.

Company Usability Profiles:The report profoundly explores the recent significant developments by the leading vendors and innovation profiles in the Global Smart Label Market, including Accraply, Advantech U.S., Alien Technology Inc., ASK S. A., Avery Dennison, Avery Dennison Corporation, CCL Industries Inc., Checkpoint Systems, Inc., Crepak Technology Ltd, Displaydata Ltd., GR LABEL, Graphic Label, Inc., Intermec Inc., Invengo Information Technology Co. Ltd., Metra Blansko, Muehlbauer Holding Ag & Co., Resource Label Group, Sato Holdings Corporation, Smart Label Solutions, Smartrac N.V., Thin Film Electronics ASA, TOSHIBA Global Commerce Solutions, Inc., Willian Frick & Company, and Zebra Technologies Corporation.

The report provides insights on the following pointers:1. Market Penetration: Provides comprehensive information on the market offered by the key players2. Market Development: Provides in-depth information about lucrative emerging markets and analyze penetration across mature segments of the markets3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:1. What is the market size and forecast of the Global Smart Label Market?2. What are the inhibiting factors and impact of COVID-19 shaping the Global Smart Label Market during the forecast period?3. Which are the products/segments/applications/areas to invest in over the forecast period in the Global Smart Label Market?4. What is the competitive strategic window for opportunities in the Global Smart Label Market?5. What are the technology trends and regulatory frameworks in the Global Smart Label Market?6. What is the market share of the leading vendors in the Global Smart Label Market?7. What modes and strategic moves are considered suitable for entering the Global Smart Label Market?Read the full report: https://www.reportlinker.com/p06087817/?utm_source=GNW

About ReportlinkerReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place.

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Smart Label Market Research Report by Technology, by Application, by End User, by Region - Global Forecast to 2026 - Cumulative Impact of COVID-19 -...

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EquipmentShare Completes $230M Funding Round to Expand Technology and US Footprint, Announces Appointment of Former GE Capital Executive Trevor…

Posted: at 1:15 pm

COLUMBIA, Mo.

EquipmentShare, an equipment and digital solutions provider serving the construction industry, announces the completion of a $230 million funding round led by Tiger Global Management, The Spruce House Partnership and RedBird Capital Partners, with additional participation from Tru Arrow Partners and existing investors Romulus, Insight Partners and Anchorage Capital Group. These fundraising efforts provide capital for EquipmentShare to launch its core technology solution, T3, the operating system for construction, and expand its suite of technology solutions. This investment round also allows the company to increase its national footprint to better serve the needs of its customers.

We are grateful to our new and existing investors for joining us on this journey to build connectivity for the construction industry, EquipmentShare President and Co-founder Willy Schlacks said. We are eager to leverage this milestone round to launch several initiatives, with the continued goal of empowering contractors and accelerating productivity in construction.

Founded in 2014 and incorporated in 2015, EquipmentShare has experienced rapid growth, spurred by the demand for its award-winning fleet management technology and equipment solutions. More than a rental company, EquipmentShare is building upon its asset tracking solution to create an ecosystem of connectivity for construction, a sector that has historically been disconnected from technology and lags in productivity gains. The company will soon launch T3, a comprehensive construction technology solution that digitizes and connects the three verticals of construction productivity: assets, people and materials. T3 will give contractors real-time visibility into parts of the jobsite that are historically difficult to track and manage.

"After meeting Willy, Jabbok, and their team, we were incredibly impressed by what they are building at EquipmentShare. They have not only created a fast-growing, technology-enabled rental business that their customers love, but they are also building software and solutions to make the entire construction industry safer, more efficient, and more productive, Spruce House Partnership Co-founder Ben Stein said. We are excited that our investment allows EquipmentShare to run even faster at these ambitious goals."

EquipmentShare also announced the appointment of Trevor Schauenberg as its Chief Financial Officer (CFO). For the past 10 months, Schauenberg has served as an Executive Operating Partner and board member. He brings 28 years of progressive leadership experience at General Electric Company (GE) in operational, strategic and financial leadership roles to his newly appointed role of CFO.

Over the past year, Trevor has demonstrated the leadership qualities needed to take our company to the next level, CEO and Co-founder of EquipmentShare Jabbok Schlacks said. It's been a natural progression to appoint Trevor to the CFO role, and we look forward to building upon this momentum.

"I'm thrilled to accept the CFO role at EquipmentShare and help the company continue to execute on its strategic growth plans," Schauenberg said. "After working with the EquipmentShare team as an advisor and board member this past year, I'm convinced we have a differentiated offering that will drive exceptional growth for many years to come."

EquipmentShare plans to significantly increase its footprint in the U.S. in 2021 to grow its total presence to more than 100 locations. These additional rental, retail and service locations will allow the company to connect with new customers and better serve larger companies nationwide.

As part of its expansion plans, EquipmentShare plans tohire in each new market it enters. Currently, the company hires an average of 100 employees each month. In 2020, Glassdoor named EquipmentShare one of the top growing companies in the country, despite the COVID-19 pandemic. Additionally, Forbes named the company on its list of Americas Best Startup Employers based on employee satisfaction, employer reputation and growth for the second consecutive year.

For more information on EquipmentShares equipment and digital solutions, visit equipmentshare.com.

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About EquipmentShareHeadquartered in Columbia, Mo., EquipmentShare is a nationwide construction solutions provider dedicated to solving industry pain points through smart jobsite technology and equipment rental, retail and service centers. More than a rental company, EquipmentShares cloud-connected platform is powered by telematics and machine hardware to give construction and industrial companies a real-time view into the jobsite. EquipmentShares enterprise suite is OEM-agnostic and can track any piece of equipment, regardless of brand, to help fleet managers monitor assets, prevent theft and machine misuse, track employee hours and shifts, increase machine utilization, streamline maintenance and prevent unplanned downtime. Founded in 2014 and incorporated in 2015, EquipmentShare employs more than 2,300 team members of diverse perspectives that push the boundaries of possibilities to create unparalleled customer value, support their communities and empower construction professionals to work more efficiently. EquipmentShares growing presence of locations, which includes equipment and service yards, research and development sites, dealerships for major brands, administrative offices and specialty solutions locations, serve the rising demand for the companys equipment and digital solutions. Our company is on a mission that has no summit, working to accelerate productivity for contractors and build connectivity for construction. To learn more, visit equipmentshare.com.

The Spruce House PartnershipThe Spruce House Partnership was founded in 2005 to make concentrated, long-term investments in public and private companies led by exceptional founders.

About RedBird Capital Partners

RedBird Capital Partners is a private investment firm focused on building high-growth companies with flexible, long-term capital in partnership with its Entrepreneur & Family Office Network. Founded by former Goldman Sachs Partner Gerry Cardinale, RedBird today manages $5 billion of capital principally across its Sports, TMT, Financial Services and Consumer industry verticals. RedBird invests with an entrepreneurial, company-building mentality, with an emphasis on capital appreciation and compounding equity returns over longer holding periods. RedBirds network of business founders and entrepreneurs is central to its investment sourcing strategy, and its highly curated group of limited partners are active co-investors who provide scalable capital support. For more information, please go to http://www.redbirdcap.com.

About Tru Arrow Partners

Tru Arrow Partners is an investment partnership based in New York, formed specifically to partner with investing families from around the world. The firms investing focus is on private growth technology companies primarily in the global internet, software, consumer, and fintech industries. The firm was founded by Glenn Fuhrman, James Rothschild and Adam Silverschotz. Prior to launching Tru Arrow, Glenn co-founded MSD Capital, L.P., the private investment firm for Michael Dell, the founder and CEO of Dell Technologies, and from 1998 through 2019 served as its Co-Managing Partner. James was co-founder and Managing Partner of West Arrow, a Partner at Lepe Capital and has directed his family investment vehicles for 15 years. Adam was most recently at TCV where he led their investments in ByteDance and Capsule after spending several years at Coatue as a Managing Director in Hong Kong.

About Romulus Capital

Romulus Capital is an early-stage venture capital firm focused on building, rather than betting on, the next big technology and science-enabled companies. The firm partners with entrepreneurs looking to become industry leaders and works with them to build world-class teams, win major customers, iterate on product, and think strategically about building a strong foundation. The firm was founded by former entrepreneurs in 2008, more information is available at http://www.romuluscap.com.

About Insight Partners

Insight Partners is a leading global venture capital and private equity firm investing in high-growth technology and software ScaleUp companies that are driving transformative change in their industries. Founded in 1995, Insight Partners has invested in more than 400 companies worldwide and has raised through a series of funds more than $30 billion in capital commitments. Insights mission is to find, fund, and work successfully with visionary executives, providing them with practical, hands-on software expertise to foster long-term success. Across its people and its portfolio, Insight encourages a culture around a belief that ScaleUp companies and growth create opportunity for all. For more information on Insight and all its investments, visit insightpartners.com.

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About EquipmentShareHeadquartered in Columbia, Mo., EquipmentShare is a nationwide construction solutions provider dedicated to solving industry pain points through smart jobsite technology and equipment rental, retail and service centers. More than a rental company, EquipmentShares cloud-connected platform is powered by telematics and machine hardware to give construction and industrial companies a real-time view into the jobsite. EquipmentShares enterprise suite is OEM-agnostic and can track any piece of equipment, regardless of brand, to help fleet managers monitor assets, prevent theft and machine misuse, track employee hours and shifts, increase machine utilization, streamline maintenance and prevent unplanned downtime. Founded in 2014 and incorporated in 2015, EquipmentShare employs more than 2,300 team members of diverse perspectives that push the boundaries of possibilities to create unparalleled customer value, support their communities and empower construction professionals to work more efficiently. EquipmentShares growing presence of locations, which includes equipment and service yards, research and development sites, dealerships for major brands, administrative offices and specialty solutions locations, serve the rising demand for the companys equipment and digital solutions. Our company is on a mission that has no summit, working to accelerate productivity for contractors and build connectivity for construction. To learn more, visit equipmentshare.com.

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EquipmentShare Completes $230M Funding Round to Expand Technology and US Footprint, Announces Appointment of Former GE Capital Executive Trevor...

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Trade Spotlight: What should investors do with L&T, L&T Technology Services and Zensar? – Moneycontrol.com

Posted: at 1:15 pm

Stocks that were in focus in yesterday's session include L&T which rose over 4 percent to hit a 52-week high, L&T Technology Services gained over 19 percent, and Zensar Technologies Ltd saw gains of over 4 percent.

July 16, 2021 / 08:43 AM IST

It was a strong day for the bulls on July 15 as the Indian market hit a fresh record high amid positive global cues. The Nifty50 hit a high of 15,952 while the Sensex rose to a record of 53,266.

The S&P BSE Sensex settled 254 points higher at 53,158 while the Nifty50 closed with gains of 70 points at 15,924. The S&P BSE Midcap index was up 0.3 percent, and the S&P BSE Small-cap index closed with gains of 0.43 percent.

Sectorally, buying was seen in Realty, Capital Goods, IT, Industrials, and banks while profit-taking was seen in oil & gas, telecom, public sector, and energy.

Stocks that were in focus include L&T which rose over 4 percent to hit a 52-week high, L&T Technology Services gained over 19 percent, and Zensar Technologies Ltd saw gains of over 4 percent. All stocks hit their fresh 52-week high on Thursday.

Here's what Shrikant Chouhan, Executive Vice President, Equity Technical Research at Kotak Securities Ltd, recommends investors should do with these stocks when the market resumes trading today:

L&T:

The stock rallied over 4 percent on July 15. During the session, the stock opened with a gap-up and quickly surpassed Rs 1,585 resistance-mark with strong volume activity.

Post breakout, the entire day, it was trading above the resistance level which is broadly positive for it.

In the short-term time frame, the stock has formed a strong price-volume breakout pattern. The texture of the pattern suggests that the breakout action will continue in the near future if the stock succeeds to trade above Rs 1,560 level.

For swing traders, Rs 1,560 should be the sacrosanct level. If the stock trades above the same, we can expect an uptrend continuation wave up to Rs 1,680-Rs 1,700.

L&T Technology Services:

On July 15, the stock registered an all-time high of Rs 3,493. So far this month, the stock has rallied nearly 21 percent. On Thursday, after a strong gap-up opening, the stock rallied from Rs 3,116 to Rs 3,344.

On the daily and weekly charts, the stock has formed a breakout continuation pattern which is grossly positive for the L&T Tech.

As long as the stock is trading above Rs 3,300, and the uptrend texture is likely to continue up to Rs 3,500-Rs 3,575, and on the flip side, dismissal of Rs 3,300 could possibly trigger a quick short-term correction up to Rs 3,200-Rs 3,100.

Zensar Technologies:

After a strong uptrend - the rally from Rs 300 to Rs 345, the stock was hovering between Rs 345 to Rs 330 price range.

However, on Thursday, the scrip not only surpassed its previous resistance of Rs 345 but comfortably managed to sustain above the same.

The sharp 5 percent intraday price volume rally clearly suggests that the stock is in strong hands and is likely to continue the uptrend texture in the near future.

Unless it trades below Rs 330, positional traders retain an optimistic stance and look for an upside of Rs 385-Rs 405. Fresh buying can be considered now and on dips if any between Rs 355 and 345 levels with a stop loss below Rs 330.

Disclaimer: The views and investment tips expressed by experts on Moneycontrol.com are their own and not those of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

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Pakistan moves to bring cryptocurrency boom out of the dark – Reuters

Posted: at 1:15 pm

Representations of cryptocurrencies Bitcoin, Ethereum, DogeCoin, Ripple, Litecoin are placed on PC motherboard in this illustration taken, June 29, 2021. REUTERS/Dado Ruvic/Illustration

ISLAMABAD, July 16 (Reuters) - Once a week Ghulam Ahmed, 38, takes time out from his cryptocurrency consulting business to log into a WhatsApp group with hundreds of members eager to learn how to mine and trade cryptocurrency in Pakistan.

From housewives looking to earn a side income to wealthy investors wanting to buy cryptomining hardware, many barely understand traditional stock markets but all are eager to cash in.

"When I open the session for questions, there's a flood of messages, and I spend hours answering them, teaching them basic things about cryptocurrency," said Ahmed, 38, who quit his job in 2014, believing it was more profitable to mine Bitcoin.

Pakistan has seen a boom in trading and mining cryptocurrency, with interest proliferating in thousands of views of related videos on social media and transactions on online exchanges.

While cryptocurrency is not illegal in Pakistan, the global money laundering watchdog, the Financial Action Task Force (FATF), has called on the government to better regulate the industry. Pakistan is on the FATF's grey list of countries it monitors for failing to check terror financing and money laundering.

In response, the federal government has set up a committee to study cryptocurrency regulation, which includes observers from the FATF, federal ministers, and heads of the country's intelligence agencies.

"Half the members had no clue what it was and didn't even want to understand it," said committee member Ali Farid Khwaja, a partner at Oxford Frontier Capital and chairman of KASB Securities, a stock brokerage in Karachi.

"But the good thing is someone set up this committee. The relevant bodies in the government who need to get things done are supporting it, and the promising thing is nobody wants to stand in the way of technical innovation."

And the head of the country's central bank, Reza Baqir, said in April the authority was looking into another digital asset, a central bank digital currency, and its potential for bringing transactions happening off the books into a regulatory framework.

"We hope to be able to make some announcement on that in the coming months," he told CNN. Baqir declined to comment to Reuters on the topic.

Even the education sector has caught on.

In February, one of the country's leading universities, the Lahore University of Management Sciences, received a grant worth $4.1 million to study the technology from Stacks, a blockchain network that connects Bitcoin to apps and smart contracts.

LEGALISATION AND INVESTMENT

These moves can't come soon enough for cryptocurrency advocates.

Institutions have at times treated those involved in the trade of cryptocurrency with suspicion, worried about possible associations with money laundering.

Ahmed said he has been arrested by the Federal Investigation Agency (FIA) and charged with money laundering and electronic fraud twice, though the charges have not held up in court.

On one occasion, he said, the FIA seized a cryptocurrency mining farm he had set up in Shangla, in Pakistan's northern Khyber-Pakhtunkhwa province, which ran on its own hydroelectric power. The FIA did not respond to Reuters' request for comment.

Waqar Zaka, a former TV host with more than a million followers on Youtube, has been lobbying officials for years to not only legalise the industry, but have the government invest in it. Zaka, like Ahmed, had set up a cryptocurrency mining farm running on hydroelectric power.

Earlier this year, Khyber-Pakhtunkhwa's provincial government tapped Zaka and Ahmed to be on a committee studying how it can profit from such ventures. In March, the group announced it was looking into setting up new mining farms using Zaka's facility as a template.

The committee was dissolved in June, with the provincial government saying federal authorities should handle any new policies on cryptocurrencies.

Despite the challenges, Pakistan's crypto boom shows no signs of stopping.

Pakistan-based social media groups explaining how to trade and mine cryptocurrency abound, some with tens of thousands of followers on Facebook. On YouTube, cryptocurrency videos in Urdu have been viewed hundreds of thousands of times.

Online cryptocurrency exchanges, most based outside Pakistan, like Localbitcoins.com, have hundreds of Pakistani traders listed, some with thousands of transactions.

Apps like Binance and Binomo, which track and trade cryptocurrency, have more downloads than some of the country's largest banks' apps, according to web analytics company SimilarWeb.

"You cannot stop crypto, so the sooner Pakistan regulates things and joins the rest of the world, the better," Ahmed said.

(This story corrects to clarify State Bank head was referring to a central bank digital currency, not cryptocurrency, in paragraph 9 and to show provincial committee dissolved in paragraph 19)

Reporting by Umar Farooq; Editing by Karishma Singh

Our Standards: The Thomson Reuters Trust Principles.

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Technology company – Wikipedia

Posted: June 20, 2021 at 1:12 am

Company focused on technology

A technology company (or tech company) is an electronics-based technology company, including, for example, business relating to digital electronics, software, and internet-related services, such as e-commerce services.[1][2][3]

According to Fortune, as of 2020[update], the ten largest technology companies by revenue are: Apple Inc., Samsung, Foxconn, Alphabet Inc., Microsoft, Huawei, Dell Technologies, Hitachi, IBM, and Sony.[4] Amazon has higher revenue than Apple, but is classified by Fortune in the retail sector.[5] The most profitable listed in 2020 are Apple Inc., Microsoft, Alphabet Inc., Intel, Facebook, Samsung, and Tencent.[4]

Apple Inc., Alphabet Inc., Facebook, Microsoft, and Amazon.com, Inc. are often referred to as the Big Five multinational technology companies based in the United States. These five technology companies dominate major functions, e-commerce channels, and information of the entire Internet ecosystem. As of 2017, the Bigs Five had a combined valuation of over $3.3 trillion and make up more than 40 percent of the value of the Nasdaq 100 index.[6]

Many large tech companies have a reputation for innovation, spending large sums of money annually on research and development. According to PwC's 2017 Global Innovation 1000 ranking, tech companies made up nine of the 20 most innovative companies in the world, with the top R&D spender (as measured by expenditure) being Amazon, followed by Alphabet Inc., and then Intel.[7]

As a result of numerous influential tech companies and tech startups opening offices in proximity to one another, a number of technology districts have developed in various areas across the globe.[8] These include: Silicon Valley in the San Francisco Bay Area, Silicon Docks in Dublin, Silicon Hills in Austin, Tech City in London; Digital Media City in Seoul, Zhongguancun in Beijing, and International Tech Park in Bangalore.

Information-technology (IT) companies and high-tech companies comprise subsets of the set of technology companies.

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PROJECT 38: How to survive today’s tech stressors – Washington Technology

Posted: at 1:12 am

PODCAST

The 'need for speed' and the global chip shortage are stressing the tech ecosystem

How much stress on the system is created by the so-called need for speed with regard to advanced technology adoption and deployment in federal agencies?

In this episode of Project 38, we pick up on the second half of Senior Staff Writer Ross Wilkers discussion with a pair of chief technology officers at federal systems integrators on the right methodologies to help government customers wanting to shrink timelines from years to months and sometimes weeks.

Peder Jungck of BAE Systems Inc.s intelligence and security sector and Cameron Chehreh of Dell Federal conceded that the shift does create stress on the system, but also explain ways to work through it.

Wilkers closed the conversation by asking Jungck and Chehreh for their views on the global computer chip shortage that has disrupted substantially the entire economy, plus what that could mean for the federal technology landscape and the future global supply chain.

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The first-ever Black-owned social job network built on blockchain technology launches Juneteenth – Johnson City Press (subscription)

Posted: at 1:12 am

CHARLOTTE, N.C., June 19, 2021 /PRNewswire-PRWeb/ --As the nation prepares to celebrate Juneteenth as a federal holiday for the first time, a new frontier for diversity in tech is opening for exploration. Fortune 500 Senior Software Engineer Mardochee "Mardix" Macxis is launching BlackDevHub.io, the first Black social and job matching network built on blockchain technology.

BlackDevHub.io offers Black and African American people in tech and hiring organizations who want to hire them a decentralized platform to build community, share job opportunities and create new applications in a free space limited only by its users' ambitions.

BlackDevHub.io exists to solve a real problem plaguing the tech industry: lack of diversity. Despite historic interest in racial equity and inclusion at all levels of society, Black representation in tech remains low. At leading tech companies like Facebook, Google, Microsoft and Twitter, Black people make up just 36% of employees. And it's not for lack of desire Black people are interested in tech, and tech companies are interested in hiring them. They just don't always know how to find each other.

"I created BlackDevHub.io to level the playing field and bridge the gap between Black talent and employers. BlackDevHub.io splits the power evenly between Black talent and the companies who want to hire them, providing opportunity-seekers a growth-minded community and hiring managers a secure, streamlined platform to list positions and connect with incredible talent they may have otherwise missed. We can't wait to see what our users accomplish on BlackDevHub.io."

BlackDevHub.io also makes it easier for organizations committed to diversity to showcase their efforts to the world. With its blockchain-verified Diversity Index, BlackDevHub.io ranks Fortune 500 companies for diversity in tech hires. And with corporate profile verification, community members can easily identify and connect with organizations committed to promoting greater inclusion.

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About BlackDevHub.io

BlackDevHub.io exists to advance the positions of Black and African American people in tech, leveraging the power of community and blockchain technology to share and create new opportunities, ideas and innovations. Together, we're changing the face of tech.

To stay up-to-date with BlackDevHub.io, follow us on Instagram and Twitter.

Media Contact

Mardochee Macxis, BlackDevHub.io, +1 910-991-0369, contact@blackdevhub.io

Twitter

SOURCE BlackDevHub.io

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Komatsu: celebrating 100 years of industrial innovation | Technology – Mining Global – Mining News, Magazine and Website

Posted: at 1:12 am

Komatsu is celebratingthecompanys 100thanniversary witha series of activities over the next year centreed aroundthe companyscommitment to its new brand promise ofcreating value together.

Originally established in 1921 in Komatsu City, Japan, to sustain the surrounding community after the closure of a nearby copper mine, Komatsu has spent the past century dedicated to its founding principles of quality first, techology and manufacturing innovation, global reach and people development.Through the years, Komatsus continued investment in core capabilities and strategic acquisitions have connected smart, diverse people and cutting-edge technologies with a shared belief that partnerships are the best way to solve challenges and meet societys needs.

Komatsu is an industry-leading manufacturer and supplier of equipment, technologies and services for the construction, forklift, mining, industrial and forestry markets. For the past century,Komatsu equipment and services have been used by companies worldwide to develop modern infrastructure, extract fundamental minerals, maintain forests and create technology and consumer products. The companys global service and distributor networks supportcustomer operations, tapping into the power of data and technology to enhance safety and productivity while optimising performance.

"In our next 100 years, Komatsu will focus on supporting the mining, construction, forestry, industrial machinery and agriculture industries in their transformations to the digital workplace of the future: equipment and people, connected through smart technologies on an open platform, driving towards zero harm, zero waste and zero emissions. By helping to digitalize jobsites worldwide, our customers can optimize on-site operations towards a carbon-neutral environment.

"Remaining true to Komatsus founding spirit, the company will continue to play an active role in supporting local communities with a specific emphasis on sustainability. As part of that commitment, last year Komatsu launched One World One Komatsu, a new online platform for Komatsu employees that challenges them to be a force for good at work, and at home. One World is a place where employees can take part in sustainability-focused campaigns and competitions, share ideas and engage with colleagues. Through One World, simple individual employee actions amplify Komatsus core business activities to create a collective global movement toward a more sustainable future together."

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Energy Department Seeks to Keep Grant-Backed Technology Jobs in U.S. – The Wall Street Journal

Posted: at 1:12 am

The Biden administration is moving to end exemptions that allowed technology developed with U.S. government research funding to be exported for manufacturing overseas, Energy Secretary Jennifer Granholm said in an interview.

The change affects billions of dollars of grant money allocated by the Energy Department and is the latest effort to boost the countrys competitiveness with China. It primarily blocks small companies and nonprofitslargely universities and their spinoff businessesfrom exceptions that allowed them to outsource manufacturing of technology developed with federal help, according to the department.

The department is making the change as part of President Bidens supply-chain initiative, a strategy announced last week for boosting domestic manufacturing across high-tech industries. Those include semiconductors, rare-earth elements and large-capacity batteries used in electric vehicles, all industries in which Energy Department grants often feed key research and development.

If were going to pay for your research and development, you need to manufacture it here, Ms. Granholm said. If the seed was planted here, the tree should grow here.

Mr. Biden has proposed a major increase in federal spending, including a $2.3 trillion infrastructure package, to modernize the U.S. economy, prodding it to catch up with China in particular. The goal is to ensure the U.S. becomes a world leader in several nascent or evolving industries, especially clean energy and low-emissions transportation.

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Energy Department Seeks to Keep Grant-Backed Technology Jobs in U.S. - The Wall Street Journal

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AI and the future of global trade | Technology & AI – FinTech Magazine – The FinTech & InsurTech Platform

Posted: at 1:12 am

Artificial intelligence (AI) is becoming entrenched in our daily lives, but the technology is still surrounded by misconceptions and skepticism. Ask the public and they may jump to dystopian scenarios where robots have taken over the world.

While this makes for a good sci-fi blockbuster plot, the reality is different and more benign. Those products that Amazon suggested you buy? AI. That TV series you were recommended to watch on Netflix? AI. That self-driving Tesla car you crave to take for a spin? You guessed it: AI.

There is no single industry that is not being re-shaped by technology. Until recently, however, there was one noteworthy exception: global trade. Fortunately, that is slowly changing.

The mechanism that underpins global trade trade finance is an industry that remains largely paper-based and reliant on manual processes. This US$18tn a year industry is now being influenced by a new wave of technological innovation, including AI.

AI refers to the use of computer-aided systems to help people make decisions or make decisions for them. It relies on large volumes of data and models to make sense of information and draw intelligence.

In trade finance, AI is helpful in analysing quantitative data, and the repetitive nature of trade finance means that there is a lot of non-traditional data at our disposal.

This means that when trade finance providers need to assess the risks of funding a transaction, AI models can be a very efficient tool for data analysis and reveal intelligence and risks relating to small companies.

AI helps the industry move beyond traditional credit scoring processes, which are often outdated and remain reliant on historical accounting entries a barrier that prevents small companies from accessing trade finance and has resulted in a $1.5tn global shortfall.

AI can tackle this shortfall by creating accurate credit scoring models. This can include a companys payment history, measure the risks of funding a transaction, identify supply chain risks, and benchmark them against their peer group.

Trade finance providers can use this information to communicate effectively with their SME clients, ultimately helping establish better business relationships.

The adoption of AI has the potential to do a lot of good in the industry, and the industry is in the early stages of radical transformation.

Advances are driven by fintechs as well as a willingness to change. The industry is working together to create new infrastructure for distributing trade finance assets to other investors in a transparent, standardised format.

The creation of infrastructure is possible due to improvements in technology and integrated across the trade ecosystem in cooperation with banks, insurers, and other industry participants.

Its collaboration at its best: together, the industry is using technology to re-shape global trade as we know it.

This article was contributed by Michael Boguslavsky, Head of AI at Tradeteq

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