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Category Archives: Technology
Worldwide Mining Cables Industry to 2026 – by Manufacturers, Regions, Technology, Application and Product Type – ResearchAndMarkets.com – Business…
Posted: July 16, 2021 at 1:15 pm
DUBLIN--(BUSINESS WIRE)--The "Mining Cables Global Market Insights 2021, Analysis and Forecast to 2026, by Manufacturers, Regions, Technology, Application, Product Type" report has been added to ResearchAndMarkets.com's offering.
This report describes the global market size of Mining Cables from 2016 to 2020 and its CAGR from 2016 to 2020, and also forecasts its market size to the end of 2026 and its CAGR from 2021 to 2026.
For the geography segment, regional supply, demand, major players, price is presented from 2016 to 2026.
This report covers the following regions:
The key countries for each region are also included such as the United States, China, Japan, India, Korea, ASEAN, Germany, France, UK, Italy, Spain, CIS, and Brazil.
Companies Covered:
For the competitor segment, the report includes global key players of Mining Cables as well as some small players.
The information for each competitor includes:
Applications Segment:
Types Segment:
Key Topics Covered:
Chapter 1 Executive Summary
Chapter 2 Abbreviation and Acronyms
Chapter 3 Preface
3.1 Research Scope
3.2 Research Sources
3.2.1 Data Sources
3.2.2 Assumptions
3.3 Research Method
Chapter 4 Market Landscape
4.1 Market Overview
4.2 Classification/Types
4.3 Application/End Users
Chapter 5 Market Trend Analysis
5.1 Introduction
5.2 Drivers
5.3 Restraints
5.4 Opportunities
5.5 Threats
Chapter 6 Industry Chain Analysis
6.1 Upstream/Suppliers Analysis
6.2 Mining Cables Analysis
6.2.1 Technology Analysis
6.2.2 Cost Analysis
6.2.3 Market Channel Analysis
6.3 Downstream Buyers/End Users
Chapter 7 Latest Market Dynamics
7.1 Latest News
7.2 Merger and Acquisition
7.3 Planned/Future Project
7.4 Policy Dynamics
Chapter 8 Trading Analysis
8.1 Export of Mining Cables by Region
8.2 Import of Mining Cables by Region
8.3 Balance of Trade
Chapter 9 Historical and Forecast Mining Cables Market in North America (2016-2026)
9.1 Mining Cables Market Size
9.2 Mining Cables Demand by End Use
9.3 Competition by Players/Suppliers
9.4 Type Segmentation and Price
9.5 Key Countries Analysis
9.5.1 United States
9.5.2 Canada
9.5.3 Mexico
Chapter 10 Historical and Forecast Mining Cables Market in South America (2016-2026)
10.1 Mining Cables Market Size
10.2 Mining Cables Demand by End Use
10.3 Competition by Players/Suppliers
10.4 Type Segmentation and Price
10.5 Key Countries Analysis
10.5.1 Brazil
10.5.2 Argentina
10.5.3 Chile
10.5.4 Peru
Chapter 11 Historical and Forecast Mining Cables Market in Asia & Pacific (2016-2026)
11.1 Mining Cables Market Size
11.2 Mining Cables Demand by End Use
11.3 Competition by Players/Suppliers
11.4 Type Segmentation and Price
11.5 Key Countries Analysis
11.5.1 China
11.5.2 India
11.5.3 Japan
11.5.4 South Korea
11.5.5 Southest Asia
11.5.6 Australia
Chapter 12 Historical and Forecast Mining Cables Market in Europe (2016-2026)
12.1 Mining Cables Market Size
12.2 Mining Cables Demand by End Use
12.3 Competition by Players/Suppliers
12.4 Type Segmentation and Price
12.5 Key Countries Analysis
12.5.1 Germany
12.5.2 France
12.5.3 United Kingdom
12.5.4 Italy
12.5.5 Spain
12.5.6 Belgium
12.5.7 Netherlands
12.5.8 Austria
12.5.9 Poland
12.5.10 Russia
Chapter 13 Historical and Forecast Mining Cables Market in MEA (2016-2026)
13.1 Mining Cables Market Size
13.2 Mining Cables Demand by End Use
13.3 Competition by Players/Suppliers
13.4 Type Segmentation and Price
13.5 Key Countries Analysis
13.5.1 Egypt
13.5.2 Israel
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Breakthrough automotive film technology puts AkzoNobel’s innovation on the radar – Automotive World
Posted: at 1:15 pm
Innovative film technology that allows automotive manufacturers to hide radar sensors behind decorative metallic parts has been developed by AkzoNobel
The radar-transparent bright film perfected by working together with customers means vehicle makers no longer have to worry about hiding sensors behind solid metal, which can block the signals of safety features such as anti-collision warnings.
AkzoNobel is an approved supplier of film products for this particular application, and the company was recently specified as a global supplier of emblems by one of the worlds biggest car brands.
Vehicle requirements are changing all the time and were very happy to have solved this difficult problem with an intelligent film coating that allows radar signals to pass through, explains Patrick Bourguignon, Director of AkzoNobels Automotive and Specialty Coatings business.
It was a highly technical process, which involved close collaboration with customers to establish correlations between film properties and radar transmission, he continues. On the surface, it provides an attractive, mirror-like finish. What you cant see is the breakthrough technology weve developed, which allows better and more consistent transmission of signals that ultimately help people to drive more safely.
The products supplied by the companys Film business are mainly used by the automotive and aerospace industries, as well as for signage. They include coated films for substrate protection and decoration, and markings/decals used for safety and decoration.
Innovation not only drives our business, it also contributes to the success of our customers, says Bourguignon, who adds that other vehicle manufacturers are keen to include the bright film technology in their designs. Well continue to channel our pioneering spirit into working together with our partners to develop advanced solutions and meet any challenges that the future may bring.
SOURCE: AkzoNobel
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Breakthrough automotive film technology puts AkzoNobel's innovation on the radar - Automotive World
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3 Technologies at the Forefront of Digital Transformation Today – CMSWire
Posted: at 1:15 pm
PHOTO:The Preiser Project
A recent Gartner surveyidentified the top three business priorities in 2021 as: growth, workforce and organizational resilience and sustainability, and investment in digital capabilities.
All of these priorities are driven from technology enablement. Digital technologies played a paramount role over the last 18 months in keeping workers functioning and maintaining business continuity, from remote working tools and automating processes to contactless, seamless transactions. While all these objectives were in place before COVID-19, what changed dramatically is the emphasis on how we use technology to achieve these ends.
Which digital initiatives nay, innovations implemented during the pandemic will have the most lasting impact? Over the past year we've had the rare luxury of observing technology trends taking shape. A few are already changing the game for every organizations digital transformation priorities.
With more companies either keeping their workforce remote or switching to a hybrid model, industry leaders should reflect on when they accelerated their digital efforts to adapt to remote working and making virtual experiences work. Which technologies helped and which didnt? What digital strategies helped improve operations, user experience and customer service? What can they learn from those that didnt?
Consider your company, customer and employee goals and journeys and how they define your processes. Then evaluate your current operations and processes to decide the best way forward. Base your approach on facts rather than assumptions or how things have always been done. Process mining and discovery tools can help you analyze the multiple processes within your business and most importantly, discover how people and content interact with them and deliver a digital twin of your processes to gain greater intelligence of how your processes are performing as journeys.
To improve business processes, employee productivity and customer satisfaction in demonstrable ways, some organizations are using process intelligence tools with robotic process automation (RPA) platforms to identify which processes are best to automate. Too often, however, leaders guess which processes to automate rather than first having any real visibility into how operations and workers are performing and where automation can change outcomes. Fully understanding how new solutions impact employees and the entire business process can help you avoid frustrating employees and negatively affecting their productivity and, ultimately, the customer experience. Having a digital twin a reliable digital version of a human whose job is to assist in making processes visible and actionable of how your entire business and workforce operates can help you truly understand and evaluate how to move forward with a new way of working.
Related Article: 6 Common Misperceptions About RPA
Reimagining how employees work, and introducing intelligent technologies to assist them, is becoming a strategic initiative for many organizations. Enterprises are embracing AI solutions that create an intelligent digital workplace of skilled humans working with skilled digital assistants as part of this paradigm. Imagine a highly automated, self-learning, efficient and streamlined work environment. An intelligent digital workplace augments workers with technology skills to collaborate, create and execute high value tasks, while putting innovation in their hands.
For example, its widely understood the digitization of content is just the beginning for automating processes and lessening repetitive manual labor on employees. With the high volume of documents and data employees work with, companies must also be able to generate value from them. This includes turning unstructured content into data that can be easily accessible by other systems to quickly generate business decisions. More importantly, AI is making processes smarter by its ability to read content and see and act upon it in ways that trained, skilled humans do (seeing things that data field extraction and loading approaches alone often miss).
Using content intelligence technologies such as natural language processing (NLP), machine learning (ML) and optical character recognition (OCR) for intelligent document processing (IDP) along with process mining tools together yields better data for automation systems that rely on it. And adding skilled insight on content and process will help make informed decisions (requiring context, intention, specialized knowledge and experience) that change outcomes. Better data is a clear outcome, but the ability to apply skill and knowledge to fill in the blanks where data is missing, conflicting or indeterminate is another benefit. This AI-enabled approach gives both human and digital workers the ability to detect changes and pinpoint patterns within processes proactively, immediately spotting and resolving issues that delay customer service responses, lead to noncompliance and impact delivery of service.
As these solutions advance, intelligent digital workplaces will soon be able to extend these capabilities from systems-of record repositories to points of engagement through smarter applications.
Related Article: Why Companies Are Investing in Natural Language Processing
Employee experience has increasingly become a contributing factor to business innovation and success. Employees want a work culture that distinguishes between productivity and busy work, and to be challenged with valuable work that will have an impact on the organization.
At the same time, the emerging issue of talent scarcity means there needs to be a bigger focus on tech enablement.
To address the talent shortage, enterprise automation has quickly begun to shift to low/no-code platforms, giving knowledge workers more access to the power of AI without the heavy infrastructure required to support it. Forrester suggests that the increased interest in low-code platforms alone is driving approximately 50% annual growth, with the market anticipated to rise to over $15 billion in 2021. Low/no-code platforms can make highly complicated technologies, such as IDP, easy to use, and deliver cognitive skills for RPA robots, automation systems, chatbots and mobile solutions. It empowers the everyday worker to have more direct control of intelligent automation initiatives without being an expert on ML or having to completely rely on IT. Additionally, it almost completely eliminates the need for manual coding and speeds up deployment, making it a popular option for organizations increasing their investment in digital transformation and becoming agile organizations.
While many new technologies were introduced over the past 18 months, solutions that augment a hybrid workforce, accelerate intelligent automation and empower employees are here to stay. Digital transformation will always be a driver for shifting from economic recovery toward profitability, but its important to understand the state of your processes and having control of your content before you begin.
Anthony Macciola is Chief Innovation Officer at ABBYY, a Digital Intelligence company, where he leads the companys AI vision and strategy. He holds more than 45 patents for technologies in mobility, text analytics, image processing, and process automation, and advocates their use for changing the future of work, improving the customer experience, maintaining business continuity, and achieving process excellence.
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3 Technologies at the Forefront of Digital Transformation Today - CMSWire
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Is Micron Technology Stock Headed to $165 a Share? – The Motley Fool
Posted: at 1:15 pm
Shares of Micron Technology (NASDAQ:MU) have climbed 59% over the last year,but one analyst still sees significant upside.
Rosenblatt Securities analyst Hans Mosesmann has a buy rating on the stock, with a $165 price target.That's 109% above the current quote. Mosesmann's stock ratings have a 71% success rate, according to TipRanks, so his calls are worth digging into.
Let's see what's driving Micron's business to determine whether the stock is worth buying today.
Image source: Getty Images.
Micron is one of the leading manufacturers of the dynamic random access memory (DRAM) products used in consumer PCs and mobile devices. Its products are increasingly being used in cloud servers, industrial, and other enterprise applications. DRAM makes up nearly three-quarters of Micron's total revenue.Micron is also a leading supplier of the non-volatile, rewriteable (NAND) storage products used in solid-state drives (SSDs), which make up 24% of the business.
Micron reported record revenue in the fiscal third quarter, with its top line advancing 36% year over year to $7.4 billion. But the key to Micron's business performance is pricing. It's operating in a nichewhere only a few manufacturers, most notably Samsung Electronicsand SK Hynix,compete to meet the demand in the marketplace. Thiscan sometimes cause swings in pricing when too much supply becomes available, and this situation can pressure profits.
Micron is currently experiencing an upswing in selling prices, however. In the recent quarter, Micron's gross margin improved significantly year over year, jumping nearly 10 percentage points to 42.1%. This is a result of DRAM average selling prices increasing by 20% quarter-over-quarter, reflecting a strong demand environment.
During the fiscal Q3 earnings call, CEO Sanjay Mehrotra provided more insights on Micron's near-term outlook for the supply and demand situation. Mehrotra cited "strong demand across almost all end markets," including PC, data center, smartphone, and 5G. Mehrotra said that Micron can't meet current demand in automotive, and also pointed to strong demand in industrial markets.
The semiconductor shortage is causing demand to exceed supply right now, and this could last into calendar year 2022.But even when the supply shortage is eventually resolved, that will push demand up even further, as Mehrotra explained.
For the fiscal fourth quarter, Micron expects revenue to increase sequentially to approximately $8.2 billion, with gross margin reaching 47%, plus or minus 1%. Management didn't provide guidance beyond the next quarter, but it expects pricing to remain tight into calendar year 2022. All of this points to rising demand and improving profitability for Micron's business.
MU data by YCharts.
The consensus analyst estimate has Micron's gross margin improving from 39% in fiscal 2021 to 50% next year.Based on analyst estimates, this would translate to earnings per share of $5.93 in fiscal 2021, with a significant jump to $11.36 in fiscal 2022.
For Micron's stock price to reach $165, it would have to trade at 14.5 times next year's earnings estimate. That's not asking too much when the stock currently sells for a modest 13.2 times the consensus estimate for fiscal 2021 earnings.
It's also important to know that Micron has met or exceeded the consensus earnings estimate for 12 straight quarters. Plus analyst estimates have been rising recently for revenue and earnings looking out to fiscal 2022 and fiscal 2023.This could mean that investors are still underestimating the strength of the demand trends for Micron's products.
Keep in mind that Micron has been a volatile stock in the past, but the company has delivered profitable growth, even if it has been lumpy. The stock has delivered a 950% return over the last 10 years, but given the swings in memory pricing that often occur, this is one stock you want to get right when you buy shares.
Given management's outlook that supply will remain tight into next year, the secular demand trends in 5G wireless and cloud servers, and the stock's low valuation, the chances are good that investors could double their money with this tech stock.
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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Embracing the Potential of Cloud Technology with Ecosystem Partners at the HUAWEI CLOUD Summit 2021 – Yahoo Finance
Posted: at 1:15 pm
Huawei continues its 20th-anniversary celebrations in Singapore by launching into a new era of cloud technology and strengthening partnerships to build smart cities of the future
SINGAPORE, July 16, 2021 /PRNewswire/ -- Global leading ICT provider Huawei today hosted the HUAWEI CLOUD Summit 2021 in Singapore. Themed 'Born in Cloud, Grow with Cloud', the hybrid event brought together industry leaders, including SMEs and large corporates responsible for cloud migration strategies, to explore how evolving cloud technologies impact and strengthen digital transformation across sectors.
Together with Singapore Animators Connection (SAC), iQiyi, Orange Business Services, SP Digital and more, Huawei discussed how cloud technology plays a versatile and growing role in the animation, streaming, and energy technology sectors.
Continued Cloud Commitment in Singapore
During his opening speech, Mr Foo Fang Yong, CEO of Huawei International, recognised Singapore's leading position in ICT infrastructure and technology in the region, noting that Huawei has supported Singapore's digitalisation journey since 2001.
Partnering with industry leaders and customers, Huawei is now a pivotal contributor to connectivity, green energy, storage and many more innovative digital solutions across diversified industry sectors, aligned to Singapore's Smart Nation goals.
Mr Foo Fang Yong stated at the Summit, "As we celebrate our 20th anniversary in Singapore, Huawei is committed to providing reliable, secure, and cost-effective cloud services to empower applications, harness the power of data, and help organizations of all sizes grow in Singapore and ASEAN region, we aim to be the mainstream cloud vendor and digital transformation leader in Singapore."
Singapore is the international hub of HUAWEI CLOUD, which houses four availability zones, with a fifth availability zone on the way. Beyond Singapore, HUAWEI CLOUD also has setup regions in Hong Kong, Thailand and Malaysia, with Indonesia to follow.
Story continues
"Huawei has been committed to empowering digital transformation and innovation, nurturing a future-ready talent pool and driving sustainable growth for the future economy together with our local partners. It is our responsibility, not only as a global ICT leader but also a committed member of the community, to continue to create economic opportunities and societal impact in Singapore," announced Fang Yong.
Born in Cloud, Grow with Cloud
According to the Gartner report Market Share: IT Services, Worldwide 2020, HUAWEI's 2020 IaaS market share ranks No.2 in China, No. 3 in Thailand market, No.4 in the emerging Asia Pacific market, and No. 5 in the global market. HUAWEI's IaaS revenue grew fastest in the global market between 2019 and 2020, compared to the other vendors included for analysis.
During the event, Mr Zeng Xingyun, President of HUAWEI CLOUD APAC, highlighted five key strategies behind Huawei Cloud's rapid growth to continuously focus on ICT investment, boost product architecture innovation, support technology and solution innovation, introduce cloud-cloud synergy, and inherit and build the most optimal 2B service.
Redefining Infrastructure with HUAWEI CLOUD
HUAWEI CLOUD aims to revolutionise enterprise infrastructure through improved services, platforms, and solutions.
Cloud Container Engine (CCE) Clusters allow for accelerated computing, networking, and scheduling for more efficient applications, smoother and more secure communications, and the ability to allocate the required resources for applications without micro-management.
Multi-Cloud Container Platform (MCP) brings cross-cloud applications into your routine as though they were local applications. Its compatibility with Kubernetes native APIs eliminates the need for refactoring, granting enterprise users the ability to govern instances on a larger scale, and boasting synergy with other networks on the cloud.
GaussDB sees the company's cloud-native database solutions come to the financial sector, where users can tap on high performance and elastic scaling for hybrid loads, increased security and availability, and intelligent optimisation and index recommendation.
Extending Cloud Support to the Start-up Ecosystem in the Region
As part of the global shift towards a cloud-powered future and in recognition of the growth of start-ups and small businesses in ASEAN, Huawei will host the second edition of the Huawei Spark programme for the region.
A hybrid accelerator programme, Huawei Spark targets deep tech start-ups in e-Commerce, Fintech, Energy, Manufacturing, and Smart City industries with focuses on AI, IoT, SaaS, Edge Computing, and 5G. With its strong network of industry experts, Huawei aims to incubate and accelerate start-ups' growth to further build a more connected and intelligent world.
To apply for the Huawei Spark programme, interested start-ups can submit their proposals here before 10 August 2021 and register here to join the Spark Founder Summit on 3 Aug.
About HUAWEI CLOUD
HUAWEI CLOUD is a leading cloud service provider, which brings Huawei's 30-plus years of expertise together in ICT infrastructure products and solutions. We are committed to providing reliable, secure, and cost-effective cloud services to empower applications, harness the power of data, and help organizations of all sizes grow in today's intelligent world. HUAWEI CLOUD is also committed to bringing affordable, effective, and reliable cloud and AI services through technological innovation.
For more information, please visit Huawei online at https://www.huaweicloud.com/intl/en-us/about/index.html or follow us on:
https://www.linkedin.com/company/huaweicloudapac/ https://twitter.com/HuaweiCloudAPAC https://www.facebook.com/HuaweiCloudAPAChttps://www.youtube.com/c/HuaweiCloudAIAPAC
SOURCE HUAWEI CLOUD
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Cormetech Selected for a DOE Award to Demonstrate Technology to Increase the Amount of CO2 Captured in DAC Operations – Business Wire
Posted: at 1:15 pm
CHARLOTTE, N.C.--(BUSINESS WIRE)--Cormetech has been selected for an award from the Department of Energy (DOE) Office of Fossil Energy and Carbon Management and the National Energy Technology Laboratory (NETL) to increase the amount of CO2 captured in Direct Air Capture (DAC) operations. Cormetech plans to further develop its DAC contactor. The contactor is the engine of the DAC system. Air is moved through the contactor and CO2 is selectively adsorbed onto it. The improved contactor will maximize the amount of CO2 captured from the atmosphere, while reducing the amount of energy needed to operate.
https://www.energy.gov/articles/doe-announces-12-million-direct-air-capture-technology
From the DOE funding announcement (06/15/2021):
Across the U.S., in states like Arizona and North Carolina, brilliant innovators are developing Direct Air Capture technologies that can extract carbon dioxide straight out of the air. said Secretary of Energy Jennifer M. Granholm. These DOE investments, and the ones we will make with President Bidens American Jobs Plan, are crucial to advancing technology that will help us avoid the worst effects of climate change and achieve carbon neutrality by 2050.'
Cormetechs CEO Mike Mattes commented Cormetech is very excited about this award, which will allow us to continue developing CO2 Capture technology with amine-based adsorbers in Direct Air Capture systems. With Cormetechs long history of technology leadership in emission controls, we have demonstrated the technical feasibility of capturing CO2 directly from the air with our adsorbers, and this award will allow us to accelerate the development and improve the CO2 capture rates.
To learn more about this project and Cormetechs technologies please reach out to sales@cormetech.com or call us at 1-704-827-8933.
CORMETECH, Inc. is a world leader in manufacturing of high-quality environmental catalysts, providing SCR catalyst regeneration and engineering services for the power, marine, industrial-process, refinery, and petrochemical markets. The company has leveraged more than 30 years of field experience and ceramic extrusion technology to create innovative catalyst products and services that meet our customers' needs in the United States and abroad.
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Less-Loved Solar Technology Gets Moment in the Sun – The Wall Street Journal
Posted: at 1:15 pm
Photovoltaic technology has been the clear winner of the solar energy race. Can concentrated solar power catch up?
One company seems to think it could be possible. Heliogen, a concentrated solar power company with backing from Bill Gates, announced last week that it will merge with a special-purpose acquisition company in a deal that values the company at an enterprise value of about $2 billion.
At first glance, the deal looks like a head-scratcher. Photovoltaic technology, which uses panels to convert light directly into electricity, is miles ahead of CSP, which uses mirrors to reflect and concentrate sunlight into very high heat, which is then used to produce steam, electricity or hydrogen. The heat is often stored in a medium that is unlikely to cool off quickly, such as molten salt or rocks (in the case of Heliogen). PV is cheaper, takes up less space and has generally had fewer performance issues. As of 2019, there was just 6.9 Gigawatts of CSP capacity globally, which was roughly 1% of total installed solar capacity, according to data from BloombergNEF, which has since stopped publishing regular updates on the sector because there is little to report on.
CSPs built-in storage capacity was once seen as a promising solution to the intermittence that plagues renewable energy. But the technology has been tough to master and cost is still a large hurdle. Back in 2008, both PV and CSP had a levelized cost of electricity around $450 per megawatt-hour, according to Pietro Radoia, senior analyst at BloombergNEF. Today, PV solar can be as cheap as $29 per MWh without subsidies, while the cheapest CSP solar with storage is more than four times as expensive, according to Lazards analysis from 2020. In a 2019 report, BloombergNEF concluded that in the long term, PV paired with batteries is likely to be only slightly more expensive and much less risky compared with PV paired with CSP systems.
Heliogen costs less than $50 per MWh including the federal investment tax credit, according to its investor deck, which would make it more expensive than unsubsidized utility-scale PV solar but cheaper than industrial-scale PV solar without subsidies. One of the key differences compared to existing CSP technology, according to Bill Gross, Heliogens founder and chief executive, is that the company uses cameras on towers to monitor mirrors in real time, with data crunched at 30 frames a second to make sure each mirrors reflection is hitting the target correctly. That in turn allows the system to generate heat exceeding 1,000 Celsius, which in turn is enough to heatand ultimately store energy inrocks. Rocks are cheaper than molten salt and also dont come with the risk of leakage. The companys bet is that its technology will get even better over time so that the cost declines will also come from having to use less material per mirror. Any scarce commodity goes up in price. [The price of] computation only ever goes down, he said.
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Less-Loved Solar Technology Gets Moment in the Sun - The Wall Street Journal
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Austin will use laser technology to help make this dangerous intersection safer – KXAN.com
Posted: at 1:15 pm
AUSTIN (KXAN) Theres an intersection in Austin thats getting some attention for its bad track record.
East 7th Street and Springdale Road are part of Austins High-Injury Network, or roads that make up just 8% of the citys streets but account for nearly 70% of the citys serious injury or deadly crashes.
Im here from 8 a.m. to 7 p.m. every day, said Aeliin Martinez.
She works at Rivera Welding six days a week and often witnesses car crashes at the intersection.
There was a guy over here in a motorcycle really, really bad crash, Martinez recalled. He had no helmet on, went through the windshield on someones car. It was very bad.
Martinez said she also worries for the cyclists and pedestrians.
I always get scared when I see them pass by, she said.
The City of Austin is partnering with Velodyne to pilot its lidar sensors. The company said its laser technology creates real-time, 3D maps they said are not possible with other sensors like cameras or radar.
This particular technology would give us the ability to measure a persons gait and, say theyre an elderly person be able to extend that walk time across that intersection, so that person can safely, at their pace, make it across the intersection, explained Jason JonMichael, Austin Transportation Departments assistant director.
And unlike cameras, the lasers track data without taking pictures, which is personally identifiable information the city has to remove from its system afterward.
They also hope to gather more information for possible long-term solutions, like infrastructure or policy in the area.
We want to understand not only how well does the technology work, is it ready? Is it something that we should be looking at how we invest in that? Or make decisions on how were going to plan for that change in our system? JonMichael said.
JonMichaels team said this pilot program will launch once they get the technology, which they hope will be in the coming weeks.
Martinez hopes it will be effective.
Hopefully they do something to change this, because we need change here, she said.
That way, she can be a little less anxious about her own safety as well as that of her coworkers, customers and community.
You never know every time you come to work. Never know if someones going to pass away right here in front of you, she said.
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Austin will use laser technology to help make this dangerous intersection safer - KXAN.com
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Real-World Data & Technology Company OM1 Closes $85 Million Financing To Make Healthcare More Measured, Precise, And Pre-Emptive – PRNewswire
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$85 Million financing used to expand robust real-world data networks for improving research and precision medicine.
OM1 partners with providers, medical societies, payers, and manufacturers to harness real-world data for advancing medical research, evaluating health outcomes, obtaining regulatory approvals, and personalizing treatment in chronic disease areas, such as dermatology, rheumatology, cardiology, gastroenterology, respiratory, neurosciences, and behavioral health. In addition to these efforts, OM1 develops state-of-the art artificial intelligence (AI) models and solutions for finding patients and predicting outcomes.
"There has been limited focus on using real-world data for autoimmune and other chronic conditions despite those conditions representing more than $1.6 trillion in healthcare costs in the U.S alone," said Dr. Richard Gliklich, CEO and founder of OM1. "With this funding, OM1 will expand our work building robust real-world data networks that are changing the research paradigm and enabling more precise treatments."
Increasingly healthcare stakeholders, including regulators, payers, and providers, are seeking real-world evidence for supporting outcomes-based decision making. By organizing health information and applying AI technology, OM1 helps customers generate and use real-world evidence more rapidly and effectively to gain regulatory approval, to understand the effectiveness, safety and value of treatments, and to personalize care.
Daniel Sundheim, founder of D1 Capital Partners, noted, "We believe OM1 is at the forefront of innovation in applying real-world data and AI in impactful ways. We are excited to support their mission as they continue to expand their products in pursuit of improving patient outcomes."
OM1 was founded in 2015 by the leadership team of Outcome Sciences, the pioneering real-world research company, which was acquired in 2011.
For more information, visitwww.om1.com.
Contact
Renee HurleyHead of Marketing, OM1617-620-9571[emailprotected]
About OM1
With a focus on chronic conditions, OM1 is a real-world data, outcomes and technology company leveraging big clinical data and AI to better understand, compare, and predict patient outcomes. OM1's real-world evidence platform, clinical registries and AI technologies enable clients to accelerate research, to measure and benchmark health outcomes and to personalize patient care. Learn more at http://www.om1.com.
AboutD1CapitalPartnersD1 Capital Partners is a global investment firm that operates across public and private markets. The firmcombines the talent and operational excellence of a large, premier asset management firm with theflexible mandate and long-term time horizon of a family office. Founded in 2018 byDaniel Sundheim, D1focuses on investing in the global internet, technology, telecom, media, consumer, healthcare, financial,industrial,andrealestatesectors.
AboutKaiserPermanenteKaiser Permanente is committed to helping shape the future of health care. We are recognized as one of America's leading health care providers and not-for-profit health plans. Founded in 1945, Kaiser Permanente has a mission to provide high-quality, affordable health care services and to improve the health of our members and the communities we serve. We currently serve 12.4 million members in 8 states and theDistrict of Columbia. Care for members and patients is focused on their total health and guided by their personal Permanente Medical Group physicians, specialists, and team of caregivers. Our expert and caring medical teams are empowered and supported by industry-leading technology advances and tools for health promotion, disease prevention, state-of-the-art care delivery, and world-class chronic disease management. Kaiser Permanente is dedicated to care innovations, clinical research, health education, and the support of community health.
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Facial recognition technology in immigration: Biden, biometrics and congressional mandate | TheHill – The Hill
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Fifty civil and immigrant rights groups sent a letter to President Joe BidenJoe BidenJ.D. Scholten: Democratic Party is 'getting blown out of the water' by not connecting to voters Children under 12 could be able to receive the COVID-19 vaccine by winter: report Georgia secretary of state calls for Fulton County elections officials to be fired MORE in February asking him to place a moratorium on all federal government use of facial recognition technology and other forms of biometric technology until Congress has authorized its use in specific circumstances with sufficient safeguards.
They claimed, among other things, that the technology disproportionately misidentifies and misclassifies people of color.
The letter refers to a February 2018, study of three commercially available facial recognition programs that found while they had high accuracy rates for lighter-skinned males, there was an error rate of 34.7 percent for darker-skinned females.
This could be a problem when U.S. Customs and Border Protection (CBP) uses facial recognition technology to screen people seeking admission to the United States. Should Biden prohibit CBP from using this technology?
Congressional mandate
Biden cant stop CBP from using biometric technology at the border. CBP has to comply with a congressional mandate to develop and employ a biometric entry/exit system for recording arrivals and departures to and from the United States, but he can stop CBP from using biometric technologies that cant accurately identify dark-skinned people.
CBP spent several years testing various biometric technologies to determine which ones would be suitable for such an entry/exit system in the different environments in which individuals are inspected at air, land, and sea ports. Facial recognition technology was chosen because it is suitable in all of these environments and it can be performed relatively quickly with a high degree of accuracy.
How it works
Facial recognition technology uses computer algorithms to scan and map the distinguishing features of a persons face and then compares the resulting map to maps of pictures in the persons passport, his visa, and in the galleries that CBP maintains.
Galleries include photographs captured by CBP during inspections, from passports and visas, and from other sources, such as the Automated Targeting System, which provides maps of faces in law enforcement and intelligence databases.
CBP has deployed facial recognition technology successfully at air, land, and sea ports
According to CBP, this
CBP is using facial recognition technology at 196airports, including 22 at international locations, and at land borders.
CBP One mobile app
In early May, CBP receivedemergency approvalfrom the Office of Management and Budget to use an app to collect advance information on undocumented individuals coming to a land border.
Through a series of questions, the app guides users to appropriate services based on their particular needs, such as reporting their arrival, completing documents, or making appointments for CBP services. It employs facial recognition technology, geolocation, and cloud technology to collect, process, and store their information before they reach the border.
This streamlines their travel into the United States by providing needed information before or upon their arrival or departure.
It is particularly useful for asylum seekers.
CBP has enlisted international and nongovernmental organizations, such as the United Nations refugee agency, to use the app. The organizations identify asylum seekers in Mexico who were subjected to the Trump-era Remain in Mexico policy and submit their biographic and biometric information to CBP through the app.
CBP primarily uses this information to determine whether the asylum seekers will be allowed to enter the United States to pursue their claims.
Asylum seekers and others intending to seek admission to the United States can download the app from the Apple App Store and Google Play to their web-enabled smart devices and create a login.gov account to access CBP services.
Opposition
On June 15, Sen. Edward Markey (D-Mass.) and Rep. Pramila Jayapal (D-Wash.) introduced bicameral legislation to restrict government use of facial recognition technology: theFacial Recognition and Biometric Technology Moratorium Act of 2021.
Kate Ruane, senior legislative counsel for the ACLU, supports this bill. She says that the perils of facial recognition technology are very real. The technologys inaccuracy when used against people of color has led to the wrongful arrests of multiple black men.
It makes sense to regulate the use of facial recognition technology, but it would be a mistake to prohibit or even severely restrict its use on account of fear that it wont accurately identify dark-skinned people.
It is not inherently more difficult to identify people of color. Early implementations did not include enough people with diverse characteristics.
Algorithms "learn" to identify distinguishing facial features from being shown millions of pictures of human faces. If the faces used to train the algorithm are predominantly white men, the algorithm will have a harder time matching dark-skinned women and vice versa.
This shouldnt be a problem for CBP.
CBP deals with very large numbers of dark-skinned people. Moreover, CBP continually tests and evaluates the accuracy of its camera technology and its algorithms with assistance from the DHS Science and Technology Directorate and the National Institute of Standards and Technology.
This does not mean that CBPs facial recognition technology matches are always correct. Perfection is rarely achieved in any endeavor. Nevertheless, facial recognition technology is facilitating the inspection process and providing a fast, non-invasive way for CBP to create the congressionally mandated biometric entry/exit system and there does not appear to be a better way to achieve these objectives.
Nolan Rappaportwas detailed to the House Judiciary Committee as an executive branch immigration law expert for three years. He subsequently served as an immigration counsel for the Subcommittee on Immigration, Border Security and Claims for four years. Prior to working on the Judiciary Committee, he wrote decisions for the Board of Immigration Appeals for 20 years. Followhis blogathttps://nolanrappaport.blogspot.com.
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