Category Archives: Technology

BURLINGTON, Mass.--(BUSINESS WIRE)--Qstream, the global leader in microlearning technology, has been honored with the silver Chief Learning Officers (CLO) Learning in Practice Award for Excellence in Technology Innovation. Qstream was recognized for its pioneering microlearning platform, which takes a modern, scientific approach to how knowledge is delivered to a distributed workforce, and for its customer Providences demonstrated results using the platform.

Since 2003, the CLO Learning in Practice Awards have recognized learning leaders who demonstrate excellence in the design and delivery of employee development programs through a combination of qualities such as leadership, vision, business acumen, and strategic alignment. In addition, the Excellence in Technology Innovation award category recognizes providers that have rolled out an innovative learning technology for a client.

Learning is a critical component of professional development, employee experience, and the success of any organization. Qstreams microlearning platform, which delivers knowledge through scenario-based testing and spaced repetition, increases engagement, knowledge retention, and proficiency compared to traditional learning models. It also empowers business managers with powerful real-time analytics on employees learning needs and skill levels to know where additional coaching may be needed.

Providence is one of many organizations that has adopted Qstream to deliver engaging learning and training programs to its distributed workforce and has seen drastic improvements in how that learning is retained and how skills and behaviors are applied appropriately on the job.

My vision of learning and development for Providence is to engage, empower, and inspire our caregivers so that they can grow into their purpose and calling, said Darci Hall, VP and Chief Learning Officer, Providence. Our check-the-box approach to learning was clearly not meeting this vision, which is why we started with Qstream two years ago. Qstream enables us to personalize learningincluding very complex healthcare compliance trainingfor our distributed workforce, so each caregiver can learn anytime, anywhere, and deliver better patient outcomes. After completing even our first enterprise launch of Qstream, we increased learner engagement and satisfaction, confirmed proficiency increases through real-time analytics, and slashed implementation costs by over $6 million in our first course alone.

Were honored to be recognized for our microlearning technology innovation and work with Providence in this years CLO Learning in Practice Award, said Jason Mundy, Vice President, Marketing, Qstream. We couldnt do it without the hard work and cutting-edge ideas from our team here at Qstream or our customers across a variety of industries who are equally committed to making learning more effective for all.

Winners were announced at the 2021 CLO Learning in Practice Awards Ceremony on Oct. 13. For more information about Qstream, visit here.

About Qstream

Qstream is a microlearning solution proven by science and in practice to boost learner performance through knowledge reinforcement, engagement, and analytics. 600+ organizations rely on Qstream to build high-performance teams by delivering a microlearning experience that reinforces job-critical knowledge in minutes a day, exposing a real-time view of performance readiness.

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Qstream Wins Chief Learning Officer's Learning in Practice Award for Technology Innovation - Business Wire

Immersive technology remains an unfamiliar term to many, however, it should certainly not be considered of value only to the IT department. I like to think of immersive technology as magic unicorn dust when it comes to empowering better decision-making, bringing people together more effectively and improving business efficiencies.

So, what is it and how can it be used to transform your business?

In short, Virtual Reality (VR), Augmented Reality (AR) or Extended Reality (XR) are technologies for experiencing data and information in the same ways we do the real world; they engage more of our senses, let us use our innate spatial and situational awareness, and activate the visual processing centers of our brains.

They explode information beyond the flat 2-dimensional bounds of the screen, and wrap it around us, immersing us in it and allowing us to understand it in new ways.

Immersive technologies powerfully unlock the value of data by enabling us to contextually visualize information from multiple data feeds in relation to their environment: transforming information into insight. They allow businesses to digitally represent spaces, assets and products in order to explore relationships, pioneer new concepts, optimize processes, and develop a competitive edge like never before.

With these new capabilities, businesses can enhance operations, meet environmental targets and drive higher efficiencies. You might be saying all this sounds great, but how does it work?

By looking to data-rich digital twins that provide a detailed and accessible visual recreation of a facility - for instance, a building, office, road, train platform or mine - organizations gain accurate and volumetric versions of real-world counterparts. These twins are combined with data from multiple sources that allow businesses to access, understand, and share information using immersive technologies.

These digital twins can be used to optimize business operations and improve efficiencies - allowing leaders to enable better collaboration, automate and test existing processes, and realize insights. Users can explore and interact with actionable data to test operations and run different scenarios in a way that anyone in a business is able to understand.

When data is accessible in an intuitive three-dimensional medium, users can comprehend the information more easily, be more engaged, and make better-informed decisions.

Digital twins are particularly effective in the built environment where buildings can be replicated virtually and analyzed for faults and discrepancies through the collection of both historical and real-time data. These twins are a valuable tool in troubleshooting, and help organizations make better-informed decisions based on accurate high-quality data.

And by using immersive technology, businesses have high-fidelity remote access to virtualized sites from anywhere in the world; saving time, resources and funds, while reducing the safety risks of site visits and the environmental impact of travel.

Speaking of environmental impacts, sustainability and ESG remain at the forefront of the corporate agenda. In fact, as of 2019, it is actually a legal requirement for businesses to report and provide full disclosure of the impact their business has on the environment. The UNs recent dire climate report has created an even greater sense of urgency.

Organizations setting targets to advance ESG goals without a data-driven understanding of their status quo, are setting themselves up for failure. Its wonderful that so many businesses have publicly stated their aims to cut their carbon impact by say 2030, but to actually realize this, corporations must know their starting point.

Fortunately, technology can provide organizations with a clear data baseline, and accurate knowledge of their spaces, which can then be used to track and monitor all future activity. Importantly, a reliable baseline offers a holistic snapshot against which pollutant levels and other environmental impacts can be measured, and used to set achievable sustainability targets and effectively report on them.

By implementing an environmental emissions data capture device, a multi-sensor unit called Tracer'', businesses gain an accurate picture of carbon emissions, pollutants and particulate matter in the environment. Tracer captures not only the baseline status, but ongoing data over time, so a company can quantify their progress towards net zero, and track the impact of remediation processes and technologies.

Once an accurate baseline is established, it can then be integrated into a digital twin which will project a realistic representation of the past and present state of space - allowing businesses to forecast or predict future potential scenarios.

During the pandemic, remote access and management of spaces became paramount to many businesses. With the help of immersive technology, organizations have been able to adapt to a suddenly transformed business world.

A digital twin is a key element of a remote-first strategy - it allows you to communicate, manage and automate your processes. Companies can maintain a sense of physical presence even in the face of mandated isolation and are still able to share and explore their space with anyone - from internal stakeholders to suppliers to end customers and users.

Weve seen lockdown measures significantly accelerate the roll-out of immersive technology, forcing businesses to re-examine outdated approaches to work, sales and services.

Weve also seen much greater trend toward virtualization, remote work, and reliance on digital tools as businesses change tactics and look to immersive technology to provide solutions. From facilitating remote collaboration to aiding visualization of data, the use of AR, XR and VR has accelerated among a multitude of industries during the pandemic.

Over the past 18 months many businesses have been forced to rapidly overhaul their legacy processes, particularly as sustainability and flexible working have become such dominant forces. Now in 2021, immersive technologies are at the forefront of innovation and companies looking to remain competitive must recognize the need to invest in it. From retail to manufacturing, communication to infrastructure, the extent to which immersive technology is pioneering a new business landscape is simply outstanding.

The combination of immersive technology and volumetric data provides businesses with powerful new tools to navigate these challenging times; allowing them to better understand where their businesses are, where theyre going, and how best to get there.

Greg Roach, Chief Technology Officer, Spinview

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Immersive technology: Could it be the secret weapon to transforming business efficiencies? - ITProPortal

NEW YORK, Oct. 28, 2021 /PRNewswire/ -- Nym Health, a leader in autonomous medical coding, today announced the appointment of Michael Finke to its Board of Directors. Finke has more than 25 years of experience in developing and bringing machine learning, natural language and speech understanding technologies to the healthcare market, with a focus on reducing the clinical documentation burden for clinicians while automating revenue cycle processes.

Finke co-founded M*Modal in 2001, a provider of cloud-based, conversational AI-powered clinical documentation and clinical improvement solutions. Under his leadership, more than 5,000 hospitals adopted M*Modal's clinical intelligence technology and services portfolio, supporting close to 400,000 physicians. Following 3M's acquisition of M*Modal in 2019, Finke served as Vice President of 3M Health Information Systems and led the company's Clinician Solutions division.

"We're honored to welcome Michael to Nym's Board of Directors as we prepare for this pivotal next stage of growth," said Amihai Neiderman, Nym's CEO and Co-Founder. "Michael brings deep domain expertise, which will be invaluable to our team as we continue expanding and enriching our platform's capabilities to meaningfully reduce the administrative burden on clinicians and other healthcare stakeholders, and, in turn, enable them to spend more time with patients, providing quality, personalized care."

Powered by its cutting-edge clinical language understanding (CLU) engine and explainable AI capabilities, Nym's platform improves the speed and precision of medical billing, reducing coding-related costs for healthcare providers. The Company's solution for revenue cycle management (RCM) transforms provider narratives in the free text within patient charts, turning them into accurate and compliant ICD-10-CM and CPT reimbursement codes in a matter of seconds, without any human intervention.

"What drew me to Nym is their relentless focus on enabling a better, deeper understanding of the patient's story and their overall momentum in the market," said Finke. "The unique approach Nym has taken in building truly explainable AI capabilities is key to overcoming industry challenges related to confidence in the consistent accuracy and quality of AI, which have previously prevented healthcare providers from implementing the technology at scale."

Earlier in his career, Finke served as Co-Founder and CTO of Interactive Systems (later acquired by Lernout and Hauspie) and held positions at IBM Research, the University of Karlsruhe in Germany and Carnegie Mellon University in Pittsburgh. He earned his bachelor's and master's degrees in computer science from the University of Karlsruhe and has authored over 100 academic papers. Additionally, Finke holds more than 20 patents in speech recognition, natural language understanding, clinical documentation and coding.

About Nym HealthNym Health is a leader in autonomous medical coding. Combining computational linguistics and clinical intelligence, Nym's innovative approach to revenue cycle management (RCM)is reducing costs and improving payment cycles for healthcare providers across the United States. Along with over 96 percent accuracy, Nym's technology delivers comprehensive, audit-ready, traceable codes for full transparency. The Nym platform processes over three million charts annually in more than 90 emergency department and urgent care settings.Nym has offices in New York and Tel Aviv, Israel, and is backed by Addition, GV, Bessemer Venture Partners, Dynamic Loop Capital, Lightspeed and Tiger Global, as well as angel investors, including Zach Weinberg and Nat Turner. To learn more about Nym, visit nym.health.

Media ContactNicole PariserNym Health[emailprotected]

SOURCE Nym Health

nymhealth.com

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Healthcare Technology and Revenue Cycle Management Thought Leader Michael Finke Joins Nym Health's Board of Directors - PRNewswire

A new study warns that if net zero emission targets are to be met, industry must considerably speed up investments in green technology that would allow the manufacturing of materials using renewable energy. National strategies for replacing fossil fuels with renewable energy sources will need an integrated approach to material production and energy use.

In order to achieve net zero greenhouse gas emissions by mid-21st century, it is essential to ensure that no electricity will be produced from fossil fuels. Currently, in industrial countries, steel manufacturing accounts for a tenth of CO2 emissions, and aluminium production three percent of all CO2 emissions.

Delays in replacing existing steel and aluminium manufacturing capacity represent a crucial lock in constraint on achieving net zero, explained study lead author Dr. Alan Grainger, a senior lecturer in Global Change and Policy at the University of Leeds

Humanitys overwhelming dependence on steel, which accounts for 94 percent of all metal production, and the size of new aluminium manufacturing capacity in China and the Persian Gulf, are a huge blockage that cannot be ignored. The UK Net Zero Strategy, published last week, recognizes this problem, but lacks detail on how to tackle it.

According to the researchers, governments should strengthen international carbon reporting standards for energy-intensive industries, so that levels of CO2 emissions can be measured in a more transparent way in order to asses progress towards national net zero targets. Furthermore, the carbon prices should increase to make alternative sources more economically viable and attractive.

However, cutting CO2 emissions is only half of the challenge. To achieve net zero we need to remove as much as CO2 as we put into the atmosphere. Its like those old greengrocers scales with carbon emissions on the one side and carbon removals on the other. We can take emissions out of the atmosphere by planting new forests and deploying carbon capture and storage technology.

If global forest expansions are delayed and new green technology with low CO2 emissions are not urgently introduced, the net zero emission targets set for the middle of the century will not be achieved, thus pushing the Earth one more step towards a climate-related catastrophe.

The study is published in the journal Current Opinion in Environmental Sustainability.

By Andrei Ionescu, Earth.com Staff Writer

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Green technology is urgently needed to save the climate - Earth.com

Smart technologies can be found in more homes across America. In fact, around two-thirds of households have some type of smart home product such as a virtual assistant or a digital doorbell.

Despite the widespread popularity of these life-changing technological tools, homeowners are missing out on some of the most important smart home tools of all, according to a new survey conducted by Nationwide.

Here's the technology that American homeowners are missing -- which could save them thousands if they'd embrace it.

While smart home technology is incredibly popular, only 7% of homeowners who have these types of products have devices in their homes that are designed to predict and prevent water leaks, according to Nationwide's research. This technology includes smart sensors that are able to monitor the flow of water and detect leaks.

Not using this type of technology is a major missed opportunity because water leaks are both a common source of damage and a leading cause of expensive repairs due to the destruction that can result from a leak.

Because homeowners don't have these devices installed, they are at greater risk of being forced to make a home insurance claim, which would likely raise their future premiums. Not to mention they may also be left dealing with the hassle of repairs as well as out-of-pocket costs such as their insurance deductible.

"The No. 1 cause of avoidable claims for Nationwide homeowners insurance policyholders is non-weather related water loss, with most of those claims coming from pipe, fixture, or water heater leaks," said Beth Riczko, president of personal lines at Nationwide. "With the Insurance Information Institute reporting the average water damage and freezing event causes more than $11,000 in damage, homeowners should consider these types of sensors to provide an extra layer of protection."

Many homeowners don't have these devices installed because they are unaware of them. Just 27% of survey respondents said they were familiar with this type of new smart sensor. Cost and privacy concerns are also possible explanations for not having these sensors installed, but the upfront cost may be well worth paying, as installing this kind of smart technology could potentially help homeowners save significantly on their insurance premiums over time.

"Participating in Nationwides smart home program saves policyholders about 4% on their homeowners insurance premiums, but the savings are even greater when you consider the additional benefits of having a smart home device," said Riczko. "Alleviating the stress of having to get major damage fixed, reducing repair times, easing the anxiety you feel every time you leave the house -- that kind of peace of mind is priceless."

The good news is, Nationwide's survey found most homeowners would be willing to install the devices if they were aware of this opportunity to save, with 64% indicating they'd use insurance-based smart home technology if doing so reduced their insurance costs. Homeowners may also be able to qualify for both rebates and discounts on this type of smart home device, which could eliminate cost as a concern, too.

Anyone who owns a home should have a conversation with their insurance agent about whether a smart home device could save them money -- and if there are opportunities to qualify for a rebate to buy one. Installing this technology is simple, and the benefits could be well worth the cost and effort.

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Only 7% of Homeowners Use This Technology That Could Save Them Thousands - Motley Fool

Robotic process automation, or RPA, is a technology with an identity problem. The name is both dry enough to make the eyes glaze over and confusing enough to obscure precisely what it is or might do.

As a result, very few people outside of the IT industry are familiar with the concept. Yet this is a technology expected to have a colossal impact on the working lives of pretty much all office-based employees, and at least an indirect impact on everyone else.

According to the latest projections from analyst house Gartner, the RPA market is set to be worth almost $2 billion this year - and many times more than that by the middle of the decade. And by the end of 2022, 90% of large companies will have deployed the technology in some way or form.

The sell is very simple: RPA is supposed to help businesses reduce the amount of time and money spent on repetitive manual tasks and, in turn, liberate employees from tedious administration. So, whats the catch?

Although RPA has been around for two decades now, the industry has experienced a major surge over the last few years, catalyzed by the need to drive efficiencies during the pandemic. The largest pure-play vendor right now is UiPath, with a revenue of $607 million in fiscal 2021, followed by Automation Anywhere and Blue Prism, but other IT firms are building RPA functionality into their products too.

In the simplest terms, RPA is about programming software to complete tasks by following a set of instructions. These units of software are referred to variously as digital workers, software robots and automation assistants.

A software bot is a configurable software designed to perform a task by learning, mimicking, and then executing rules-based business processes. It interacts with other applications and software systems to complete these business processes, just like a human would, explained Prince Kohli, CTO at Automation Anywhere.

In theory, RPA allows employees to spend less time punching data into Excel spreadsheets, processing documents and pulling information from CRM systems, and more time fulfilling the aspects of their roles that computers are (currently) unequipped to handle. These bots enable employees to take the robotic out of their work, Kohli added.

Although its easy to imagine how all businesses could benefit from the ability to automate tasks in this way, the earliest adopters have typically been large enterprises hailing from sectors required to perform the most repetitive administration, such as insurance, utilities, financial services and healthcare.

More recently, however, with the addition of artificial intelligence (AI) and low-code solutions to the mix, RPA deployments have become easier to configure and smart enough to handle more difficult assignments. Paul Maguire, Senior VP EMEA & APAC at software firm Appian, says these kinds of supporting technologies will create new use cases and bring RPA to a wider audience.

While RPA is great for task automation, its not appropriate for everything, he told us. This is where hyperautomation has a role to play, by combining technologies with people in a single workflow.

Implemented alone, RPA bots can be fast and relatively inexpensive, but they cannot handle exceptions or change. AI is a powerful tool to help collect and analyse information. It can also turn unstructured content into structured data to sort, prioritize, and make suggestions on best next-step actions for better decisions.

Nonetheless, however, RPA companies are to some extent struggling to communicate the benefits of their services to workers and businesses, who have learned to be suitably suspicious of grandiose promises.

The most common fear is that RPA will make a proportion of the workforce redundant, by automating functions currently fulfilled by human workers. Unsurprisingly, RPA vendors say this is a misconception, a product of pop culture representations of robots and AI, but it could be argued that the vendors themselves are equally to blame. Automation is almost always pitched as a way to free up staff to deliver value in new and creative ways, but the message is rarely more specific than that.

It is widely accepted that the rise of automation will change the configuration of the workforce and the day-to-day activities of employees, but there is some debate as to the extent of this change.

The picture painted by the vendors is that RPA will play a supporting role. Instead of eliminating jobs, RPA will shoulder all the loathsome manual tasks and reduce error rates by removing human fallibility from the equation, they say.

When we hear talk of employees being replaced by robots, it is often about unattended robots. The purpose of an unattended robot is to take a process and execute it by themselves, and no human is needed, explained Oded Karev of NICE, which deploys RPA in a call center context.

Attended robots, however, rely on man working with machine. The robot is installed on the employee desktop and becomes something akin to a virtual assistant to help boost performance.

Asked for specific examples that illustrate how RPA will change the lives of employees, the companies we spoke to explained the technology can be applied in any situation in which information is siloed or employees are burdened with data-handling tasks.

For example, Gavin Mee, MD Northern Europe at UiPath, says RPA allows accounting professionals to spend less time on bookkeeping and data gathering, and more time on deep analytics and advisory activities. And in a human resources context, software bots can handle tasks such as approving annual leave and logging sick days, while staff focus on relationship building and critical problem solving.

The customer services sector is also considered well-primed to benefit from RPA. The main role of agents is to engage with customers, but too much time is currently wasted seeking out and inputting information across multiple disparate systems, something a software bot can handle with relative ease.

While its plausible that increased efficiency will allow businesses to operate with leaner teams, leading to job cuts, all of these types of roles will still be held by human workers. The most significant change will be that their range of responsibilities will be quite drastically different.

Its also true that RPA will create a need for a number of brand new jobs. Namely, more IT staff will be needed to handle the configuration and maintenance of RPA systems, because its not quite as simple as setting up a software robot and letting it run free.

Although low-code solutions are making it easier for non-technical employees to deploy software robots, additional programming expertise will be required to configure bots for more complex workloads, monitor the performance of deployments and manage any errors and anomalies.

A recent survey conducted by UiPath suggests the majority (77%) of RPA professionals expect their organizations to hire more developers within the next year. A research report from the World Economic Forum (WEF) came to a similar conclusion, that automation will result in a net increase in 58 million jobs, albeit jobs with a higher average skill requirement.

In spite of their vested interests, the vendors we consulted all concede that businesses will encounter friction on multiple levels when it comes time to deploy RPA at scale. And the problem is as much cultural as technological.

One of the greatest barriers to widespread RPA adoption is the misunderstanding or even fear of the technology, explained Mee. Thanks to Hollywood blockbusters, the word robot often conjures up negative imagery, and when this is compounded with fears of redundancy, businesses can face resistance when embarking on an RPA journey.

Its a natural response; we tend to fear what we dont know, and a technology that promises to revolutionise the way we work forever is almost inevitably going to cause confusion and apprehension at first.

Mee and others say solving this problem is about approaching deployment in as transparent a way as possible; clearly communicating the intentions and ambitions behind the introduction of RPA, as well as the business benefits.

The angle from which organizations approach RPA is also important. Many large firms find it difficult to know where to begin, while others come looking for quick wins to help meet short-term productivity objectives, which can become a problem when scaling up deployments later on. The intermingling of RPA with other automation technologies, like AI and business process management (BPM), only adds further complexity.

As pointed out by Optiv Security, there are also cybersecurity risks associated with rushed or superficial RPA rollouts. Ultimately, RPA expands the attack surface, introducing many ways in and many ways out, says Optiv, which means implementation needs to be careful and considered.

In the end, however, the decision to lean into RPA or not may be taken out of the hands of business leaders, made practically compulsory by market conditions and the changing expectations of employees.

If there is a leader that is hesitant, I would ask them to consider what their knowledge workers would invent or improve if they had more time, and the business value that would immediately provide. And whether they face an existential risk if they do not provide that kind of support and experience to their customers and employees, said Kohli of Automation Anywhere.

In this scenario, the question is no longer whether it is right to forgo RPA in order to preserve jobs that can feasibly be automated, but whether businesses can afford to.

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RPA: Why you need to care about this totally unsexy technology - TechRadar

The outcry for a better way to spot footballs and determine if a ball has crossed the goal line intensified in Week 7, after there were several instances of tricky goal-line decisions in the Cowboys game at New England, with players and the ball being lost in the pile. But, there is no immediate solution on the horizon.

The NFL has been studying different mechanisms to attempt to be more precise with such matters for years, and spent a considerable amount of time determining if the laser technology used in professional tennis spotting might apply, but to this point there is no quick solution on the horizon. There is certainly support within the Competition Committee and the league in general to implement more calculated means of tracking the ball and determining first downs and other critical decisions, but much work remains to be done.

"As with all changes related to game administration, there is a process," Troy Vincent, the NFL's head of football operations, told me. "Ball-placement technology, along with other considerations for the sideline of the future, is under study, and will be tested, analyzed and discussed as to the impact of the game. At this time there is no definitive date for implementation."

At some point a change of this magnitude would likely begin with the NFL working in conjunction with another football entity (CFL, NCAA conference, perhaps even high school) to study the results in real time and hash out which technology works best, but even that doesn't seem to be particularly close.

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NFL still not close to introducing ball-placement technology, following another week of controversial calls - CBS Sports

As an investor, knowledge of the past can help you understand the future. That may sound counterintuitive, but history tends to repeat itself in subtle ways. For instance, innovative technologies have changed the world on dozens of different occasions, acting as catalysts for productivity and economic growth.

In the last century alone, personal computers, the internet, and mobile devices have been inflection points that completely changed the way we live. Looking forward, I think several burgeoning technologies have the same potential, but none more so than artificial intelligence (AI). In fact, research from McKinsey & Co. suggests that AI could boost economic output by $13 trillion by 2030.

Building on that idea, let's look at two companies that are shaping the future of autonomous technology.

Image source: Getty Images

Nvidia (NASDAQ:NVDA)is a chipmaker that specializes in accelerated computing. Its core product is the graphics processing unit (GPU), a chip that can perform thousands of calculations simultaneously. When Nvidia invented the GPU in 1999, it revolutionized the gaming industry with ultra-realistic computer graphics. But GPUs have since become a gold standard in the data center, where they are used to accelerate intensive workloads like scientific computing, data analytics, and artificial intelligence.

In fact, Nvidia holds over 90%market share in the supercomputer accelerator industry, and it has consistently set records at the MLPerf benchmarks, a standardized testing event that compares the performance of AI technologies. Most recently, Nvidia set records in the inference trials in September, the part of AI where computers are used to make decisions and predictions.

Beyond industry-leading performance, Nvidia also benefits from a broad portfolio of products. It acquired Mellanox in 2020, adding high-performance networking to its repertoire. The company has diversified into software over time, and it now provides a range of frameworks that help developers build AI applications, such as Merlin for recommender systems, Metropolis for smart cities, and Isaac for autonomous machines.

Not surprisingly, Nvidia has seen strong demand in both its gaming and data center businesses, and that has translated into a strong financial performance over the past three years.

Metric

Q2 2020 (TTM)

Q2 2022 (TTM)

CAGR

Revenue

$10.2 billion

$21.9 billion

45%

Free cash flow

$2.4 billion

$6.7 billion

65%

Data source: YCharts. TTM = trailing-12-months. CAGR = compound annual growth rate.

Looking ahead, Nvidia is well positioned to grow its business. Management puts its data center market opportunity at $100 billion by 2024. Moreover, technologies like self-driving cars, smart cities, and autonomous robots will only become more common in the future, and Nvidia's platform brings those technologies to life.

Tesla (NASDAQ:TSLA) is undoubtedly one of the most controversial stocks on the market, but it's also one of the most innovative companies on the planet. In 2008, Tesla produced its first electric vehicle (EV), while the prestigious automakers of Germany laughed at the idea. As it turns out, Tesla saw the writing on the wall before the rest of the industry.

Since then, Tesla has parlayed its first-mover status into a more substantial competitive advantage. In 2017, it launched the 2170 battery cell, the cheapest and most energy-dense cell on the planet, according to CEO Elon Musk.

Why does that matter? Tesla pays far less to build battery packs (the most expensive part of an EV) than other automakers. And the energy density of 2170 cells means that Tesla's four different vehicles -- the Models S, X, Y, and 3 -- are the top four EVs in terms of range.

Not surprisingly, strong demand has helped Tesla maintain its leadership position. Through the first half of 2021, the company captured 15.2% market share, selling 386,100 vehicles. In turn, Tesla has posted impressive financial results over the last two years.

Metric

Q2 2019 (TTM)

Q2 2021 (TTM)

CAGR

Revenue

$24.9 billion

$41.9

30%

Free cash flow

$1.4 billion

$2.6 billion

36%

Data source: YCharts. TTM = trailing-12-months. CAGR = compound annual growth rate.

However, I think Tesla's best days lie ahead. With over 1 million autopilot-enabled vehicles on the road, the company had collected over 3 billion miles of real-world driving data by February 2020, far more than any other automaker. Some estimates even put that figure well over 5 billion miles today.

Then, a few months ago, management debuted the D1 chip, the custom-build semiconductor that will power Tesla's Dojo supercomputer. The D1 chip is custom built for AI, and it will make Dojo the most powerful AI training machinein the world. In summary, Tesla has more data and better technology than its peers.

To that end, Musk said: "About three years from now, we're confident we can make a very compelling $25,000 electric vehicle that's also fully autonomous." He made that statement roughly a year ago, and if taken at face value, Tesla is much closer to producing an autonomous car than any other automaker.

Finally, Tesla recently launched a car insurance product in Texas, where it will rely on its AI-powered "safety score" to determine premium prices. Here again, the company's fleet of connected cars and its prowess in the field of AI have opened a new market opportunity. That's why this company is shaping the future of technology.

This article represents the opinion of the writer, who may disagree with the official recommendation position of a Motley Fool premium advisory service. Were motley! Questioning an investing thesis -- even one of our own -- helps us all think critically about investing and make decisions that help us become smarter, happier, and richer.

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These Stocks Are Shaping the Future of Technology - Motley Fool

?New technologies can radically change IP management practices by eliminating the lack of transparency, reducing enormous costs for services and providing all market participants with an unprecedented level of flexibility.

Theres hardly any area in entrepreneurship today that deals with innovation more than intellectual property rights protection in fact, cutting edge technology and inventions are at the core of the IP industry. However, this doesnt necessarily mean that the real-life practices, processes and management in the industry are as technologically advanced its actually quite the contrary, or, at least, has been until recently.

Following the footsteps of tech and service companies, the IP management market has also been exposed to the global digitization and automation trends. Just like the transportation market was dramatically transformed after the emergence of Uber, new technologies can radically change IP management practices by eliminating the lack of transparency, reducing enormous costs for services and providing all market participants with an unprecedented level of flexibility.

This article will provide an overview of how IP management has changed over the past decades and what it might look like in the future.

Intellectual property management is a relatively young discipline. The role of an IP manager has long been viewed from a risk management angle, since patents were mostly used to secure a companys products or avoid violating other companies intellectual property. Patent professionals were therefore primarily occupied with the invalidation of patents or opposing someone elses patents.

With the subsequent sophistication of the innovation market and globalizing economies, intellectual property rights have become a potentially more valuable asset than extensive manufacturing facilities. Besides, IP rights for an invention or technology are much easier to deliver worldwide than the actual products or technologies.

All these changes created additional work for IP managers since they now have to deal with international law norms and practices, complicated contracts and an increased number of patents.

Today, global companies need to protect their IP rights in multiple geographies with various regulatory practices. So, they normally hire local IP attorneys or agencies to help them apply for patents or trademarks and enforce their rights, if needed.

One might liken these agents to taxi drivers before the Uber era with non-transparent pricing that can vary a lot for the same services provided, mashed-up business processes, and the fact that the customer does not have full access to the IP-related data, so its hard to prevent costly mistakes.

However, the situation is now changing slowly, allowing for a more civilized way of doing business globally not in the least thanks to IT technologies. Even though artificial intelligence cant be listed as an inventor on patents (at least, not in the United States), AI-powered solutions can, for example, speed up and cheapen patent search.

Like in other industries where theres a constant need for qualified professionals, online marketplaces and recruiting platforms are emerging in the IP rights industry. This makes a search for a highly experienced attorney or IP rights manager a much easier task than it used to be. We are also seeing a rise in IP management platforms that enable businesses to better manage their IP assets, processes, tasks and related communications. After all, its only logical that the market dealing with innovation in essence should be innovative itself.

In my view, we will see more and more businesses in the market choosing to commercialize their intellectual property and even making that their primary line of business. In which case, IP assets will increasingly serve as currency in this new knowledge economy and, therefore, add more value to standard business practices.

What is definitely not going to happen is a throwback to old-fashioned methods of IP management. When powered by technology, and with the help of top professionals, it radically transforms the way businesses store, manage, develop and distribute their IP assets. Luckily, we can be both spectators of and participants in this landmark shift.

Image Source: Deposit PhotosAuthor: tashatuvangoImage ID: 64811725

Alex Levkin is Chief Executive Officer of IPNOTE, a streamlined platform for managing and securing intellectual property. Alex aims to make the intellectual property market transparent and technologically advanced for every business. He has been working in the field of intellectual property for more than 10 years. Having witnessed the field firsthand he realized how outdated it is and decided to change it, bringing iPNOTE on the market.

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How Technology is Reshaping the IP Management Industry - IPWatchdog.com

ActivePure Technology is Added to Health and Safety Protocol at Six Malaysian Properties Amid the Pandemic

DALLAS, TX / ACCESSWIRE / October 22, 2021 / ActivePure, the global leader in active surface and air purification technology, announced today that its disinfection systems are installed in several high-profile locations throughout Malaysia. ActivePure provides an extra layer of protection against the coronavirus, an airborne virus that easily spreads in enclosed spaces.

ActivePure partnered with local distributor Agrow Healthtech Sdn Bhd to install its products, namely the Aerus PureCloud, Induct 2,000, Induct 500 and the Aerus Pure & Clean. Agrow Healthtech is a wholly-owned subsidiary of Agrow Corporation, a wholly-owned subsidiary of OCB Berhad, a publicly listed group in the KL Stock Exchange. OCB Berhad is a Malaysia-based investment holding company. The company's segments include building materials, bedding products, consumer foods and others. OCB Berhad's subsidiaries include Dreambed (Malaysia) Sdn. Bhd., Bedco Sistem (M) Sdn. Bhd., Kingkoil Corporation (M) Sdn. Bhd. and Acrowyn (M) Sdn. Bhd. Locations in Malaysia that have installed ActivePure include the following:

The Sunway Group, one of the largest conglomerates in Malaysia with significant operations in property development, construction, retail shopping malls, education facilities, hospitality, healthcare, manufacturing, and IT services, has installed Aerus Pure & Clean powered by ActivePure in twelve of their property sales galleries. Sunway Property is the property arm of Sunway Group, established in 1974, and is now one of Malaysia's top multinational property-construction corporations, with businesses in 50 locations worldwide across 12 industries.

The Toyota Service Centers in Kuala Lumpur have Aerus Pure & Clean powered by ActivePure units in their service centers. Additionally, Aerus Mobile powered by ActivePure is also available for installation in customers' vehicles through Agrow Healthtech, which has partnered with Toyota Service Centers.

SNT Global Logistics, a premier omnichannel fulfillment service provider in Southeast Asia that provides services for both online and offline retail businesses, has installed PureCloud units powered by ActivePure.

The Westports logistics facility in Port Klang, one of the three main ports in the Straits of Malacca, handles gateway and transshipment container cargo. The location is near the main shipping route along the Straits of Malacca. Units powered by ActivePure, include the Aerus Pure & Clean, PureCloud and Induct models, were installed in their Port Operations building.

Em Hub Kota Damansara is a unique e-commerce, retail and logistics hub featuring a drive-up ramp design. The design allows cars and lorries to enter the building, drive up to the designated floor, and load or unload goods before exiting. The building will feature Induct 500 units in all elevators, and all Phase one tenants will receive Pure & Clean powered by ActivePure units.

Amaya Saujana Condominiums, the first private, high-end condo project in Saujana, installed Induct 500 powered by ActivePure units in its residential elevators.

The installation of ActivePure's products has been met with overwhelming enthusiasm, especially from the high traffic facilities throughout the country. "We are delighted to see businesses and residences adopt a higher standard of indoor air quality with ActivePure," said Robert Wong, managing director of Agrow Healthtech Sdn Bhd. "We are proud to supply Malaysian businesses with ActivePure products and play a meaningful role in mitigating the spread of harmful surface and airborne pathogens."

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"Agrow Healthtech and their team in Malaysia have launched a business revitalization program to offer an extra layer of protection to businesses. We are extremely proud to partner with Agrow Healthtech in providing the industry best solutions for air and surface purification with ActivePure," said Anil Agrawal, vice president of international sales and operations of Activepure.

"As ActivePure expands in the international market, we are grateful to have partners like Agrow Healthtech who are committed to providing businesses and customers with the highest level of protection against airborne and surface contaminants," said Joe Urso, chairman and chief executive officer of ActivePure. "Our recent growth in Malaysia is a testament to the country's commitment to mitigating airborne spread and providing peace of mind during COVID and beyond."

ActivePure is a science-driven company that has developed a one-of-a-kind technology that works 24/7 to proactively inactivate pathogens, including mold spores and other bacteria and viruses known to cause healthcare-associated infections (HAIs.) ActivePure has received over 130 patents with 70 plus in the United States and 60 plus internationally.

With origins in the U.S. space program, ActivePure's patented technology releases thousands of submicroscopic particles that actively target pathogens in the air and on surfaces, inactivating them on contact and turning them into harmless byproducts.

For more information on ActivePure, go to ActivePure.com or call 1-888-217-4316.

ABOUT ACTIVEPURE:Privately held ActivePure has been the global leader in active, continuous surface and air disinfection systems for healthcare and educational institutions, commercial and public facilities, hospitality and residential applications since 1924. It is the only product in its class recognized by the Space Foundation as Certified Space Technology and included in the Space Foundation Hall of Fame. The ActivePure Medical Guardian is registered and cleared as an FDA Class II Medical Device. ActivePure has origins in U.S. space program research and has since evolved for use in consumer products to reduce exposure to many common pathogens, including RNA and DNA viruses, bacteria and molds, by up to 99.9% in the air and on surfaces. For more information, please visit ActivePure.com, or call 888-217-4316.

MEDIA CONTACTS:Jo Trizila, TrizCom PR on behalf of ActivePure Technologies Email: Jo@TrizCom.comOffice: 972-247-1369Cell/Text: 214-232-0078

Tonie Auer, TrizCom PR on behalf of ActivePure Technologies Email: Tonie@TrizCom.comOffice: 972-247-1369Cell/Text: 817-925-2013

SOURCE: ActivePure Technologies

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ActivePure Technology: Air and Surface Disinfection Systems Installed Throughout Malaysia - Yahoo Finance