Category Archives: Technology

SAN ANTONIO, May 26, 2021 (GLOBE NEWSWIRE) -- Rackspace Technology (NASDAQ: RXT), a leading end-to-end multicloud technology solutions company, today announced it has provided Internet of Things (IoT) and Cloud Native Development capabilities to Innovyze, the global leader in water software solutions. Rackspace Technology helped Innovyze extend its software offerings on AWS, providing customers real-time monitoring and data intelligence through IoT and cloud-powered simulations.

Innovyzes industry-leading software empowers thousands of water utilities around the world. Historically a desktop product business with on-premises software, Innovyze wanted to address the real-time operational needs of utilities by extending the capabilities of their offerings through a cloud-based platform. They were looking for an equally skilled partner to work hand-in-hand with their teams to help them hit aggressive timelines. The company turned to the cloud native development team at Rackspace Technology to help them deliver their new SaaS solution, Info360.com.

A primary goal for Innovyze was to enable an industry first for water, Dynamic Digital Twins, a virtual representation of water utility assets that is continuously updated with all known data about the past, present, and future incorporating cutting-edge technologies like predictive analytics and artificial intelligence tuned specifically for the water lifecycle.

By moving simulation features of our modeling into the cloud, we can leverage that horsepower for really complex models, performing multiple parallel simulations for different scenarios like weather changes, flood prediction, and the like, said Rick Gruenhagen, CTO of Innovyze. The ability to use real-time data to develop Dynamic Digital Twins that are more accurate in representing conditions today and predicting conditions in the future is huge.

By working with Rackspace Technology on extending its product offerings onto a common platform on AWS and leveraging cloud-native technologies, Innovyze was able to introduce Info360.coma Software-as-a-Service (SaaS) platform that supports real-world water lifecycle management. The SaaS implementation of Info360.com offers several advantages to utilities in the areas of easy on-boarding, infinite scalability and rigorous security out of the box. In addition, Dynamic Digital Twins are now accessible to every water utility, without the need to invest in expensive IT infrastructure, maintain complex software, or hire hordes of digital consultants to use them.

Working with Rackspace Technology helped our team achieve our goals on an immense project on a tight timeline. Our utility customers vary widely in size and infrastructure, and Rackspace Technology has helped us deliver a highly sophisticated platform where we can seamlessly onboard new customers and lower the barrier to entry for new municipalities, said Gruenhagen. Our customers can use real-time data to improve the accuracy of their models, which is a huge accomplishment in the water industry. The cloud-based approach reduces operational overhead for clients and gives Innovyze the freedom to continue innovating and leading the industry.

The new platform, built with serverless and microservices technologies, enables Innovyze customers to transfer their asset network information to the cloud and leverage geospatial mapping functionalities for their site modeling. Rackspace Technology facilitated data transfer through a cross-platform edge solution, powered by Amazon Greengrass and Docker images. This functionality allows Innovyze customers to install the software in their existing IT environment.

The Info360 Dynamic Digital Twin solution is a revolution for the water industry, said Amir Kashani, VP, Cloud Native Development & IoT Solutions at Rackspace Technology. Innovyze knew that cloud native services were the best path forward and that partnering with Rackspace Technology would accelerate their teams goal of building a SaaS platform that realizes their vision of serving the entire water cycle, from cloud to ocean.

About Rackspace TechnologyRackspace Technology is a leading end-to-end multicloud technology services company. We can design, build and operate our customers cloud environments across all major technology platforms, irrespective of technology stack or deployment model. We partner with our customers at every stage of their cloud journey, enabling them to modernize applications, build new products and adopt innovative technologies.

About InnovyzeInnovyze is a global leader in building innovative, industry-leading software for the water industry for over 35 years. Innovyze serves thousands of clients including the largest utilities, ENR design firms, consultancies, and refining plants around the world. Learn more atwww.innovyze.com

Media ContactNatalie SilvaRackspace Technology Corporate Communicationspublicrelations@rackspace.com

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Innovyze Brings Dynamic Digital Twins to the Water Industry Using Rackspace Technology IoT and Cloud Native - GlobeNewswire

LinkedIn and newspaper business pages are awash with articles claiming to wisely summarise the learnings from the last 12 months, so Im not going to stand idly by without having my say, although I will at least try to circle back to my day job, which is advising Scottish, mainly tech-focused, companies.

As I write from my spare-room office, with my lockdown puppy asleep under my desk (what a clich), there is no doubt that this 12-month jolt to the economy due to Covid-19 has hastened the return of the work-life balance to near the top of the agenda. That said, some tech companies, such as Edinburghs Administrate, have been committed to a four-day-week for years, citing happier and more productive employees.

Never has it been more important to truly look after your people. A tech-focused client of mine who was very anti-working from home, is now a true convert to the hybrid model.

Companies are also spending a lot of time and money on bringing their employee benefits packages up to date for 2021, looking for both valuable and fun ways to thank their predominantly young team for their hard work.

Our shopping and banking habits, of course. My weirdest indulgence has been ordering small bottles of Hildon sparkling mineral water over the internet from Drink Supermarket to try to replicate that authentic meeting room experience, and collecting them from my new Montpellier drinks fridge, contributing to online retailers vast surge in profits.

Banking-wise, weve all taken to mobile banking apps like ducks to water. Global mobile payments revenue was $1,400 billion [986bn] in 2020, up from $1,100bn [774.78bn]in 2019. But it will take more than a pandemic to get my father away from his cheque book.

Lets not forget that theres been huge political change in the worlds largest economy in the last 12 months too, with Donald Trump moving aside for the more conciliatory and less confrontational President Joe Biden.

In this post-Trump era, Im already noticing the climate change agenda moving back up in terms of column inches, and I think we can expect that to continue in the short-medium term for a couple of reasons.

Firstly, COP26 will be taking place in Glasgow during the first fortnight in November, and, secondly, Scotland provides fertile ground for building cleantech companies, as Edinburgh-based data analytics business Topolytics has proved. Tech features heavily in all global trends as do people, climate, e-commerce and banking.

My personal belief is that Scottish tech, with all its various subsectors, including games, cleantech and fintech, will become as important to the Scottish economy as oil and gas has been.

Helping to fuel this eco-system are the Scottish universities. There have been successful fund raises for spin-outs from Glasgow, Edinburgh, Napier and Strathclyde universities in recent times, as well as successful exits too.

As Jamie Coleman, managing director of tech incubator CodeBase was quoted as saying, Brainpower... has always been the core asset of Scotland. The industrial mindset of building bridges and steam engines has transitioned into building complex software. We no longer have the chimneys of the industrial revolution in our cities; our factories are in the cloud.

The success of the Scottish tech sector has been under a spotlight in the last few years, and particularly the last 12 months. For us as a team at the tech-enabled business critical services group, Anderson Anderson & Brown (AAB), our clients have relied on us more than ever, and we are looking forward to focusing our efforts on continuing to serve tech-focused firms.

There has been a sense of optimism in the air of late and, as economies start to recover, we believe that it will be tech leading the way to stability.

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AAB: trust in technology to deliver economic stability - The Scotsman

Permanent TSB is to create 180 jobs as it invests in its digital infrastructure and business banking, to the next phase of the banks growth strategy.

PTSB also said it would introduce hybrid working arrangements for employees, including the use of a network of hubs to cut commute times for workers.

Recruitment for the roles, which will be in technology, business banking, risk management and data analytics, is already underway the bank said. The new jobs will be at senior and graduate level, and come following the announcement of a further 50 million investment in its technology infrastructure and digital capabilities.

This announcement comes just seven months after PTSB confirmed plans to cut 300 jobs, mainly targeting managerial positions, via a voluntary severance scheme.

Among the new flexible working arrangements for employees are options to work from home for up to three days a week, a compressed working week and job sharing.

The bank will also use hubs in Greystones, Maynooth, Dundalk and Douglas to reduce commute times for office-based roles. The bank is to invest in new technologies and a new collaboration zone at its headquarters in Dublin to help people on-site and those working remotely work together.

The new technology will also facilitate video banking for customers, enabling branch and sales staff to hold virtual meetings with customers.

Almost half of the banks total workforce have applied for permanent flexible working arrangements, it said.

Commenting on the flexible working arrangements, Ger Mitchell, Permanent TSBs chief human resources officer said: We are delighted to offer flexibility in working arrangements, which has been made possible by our significant ongoing investment in technology. It is clear that this flexibility is needed and we are confident that it will result in an even better service for our customers and an enhanced work-life balance for our people.

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Permanent TSB to create 180 jobs as part of technology investment - The Irish Times

IRVINE, Calif., May 25, 2021 JenaValve Technology, Inc., developer, and manufacturer of differentiated transcatheter aortic valve implantation (TAVI) systems (also referred to as TAVR, or transcatheter aortic valve replacement) for the treatment of aortic valve disease, today announced that it has received CE Mark for its TrilogyHeart Valve System for the treatment of both aortic regurgitation (AR), also known as aortic insufficiency (AI), and aortic stenosis (AS).

The Trilogy Heart Valve System is the first transfemoral device of its kind to receive CE mark approval for the treatment of both severe symptomatic aortic regurgitation and aortic stenosis. Although TAVI devices have continued to advance in the marketplace, they are limited in their ability to treat aortic valve disease beyond aortic stenosis, which is marked by the high presence of calcium which is required to sufficiently anchor the valve in place. The Trilogy System, with its proprietary locator technology, does not rely on calcification to anchor the valve. Instead, the locators clip onto the patients native anatomy to provide valve security. The valves unique design also enables anatomical valve alignment, which facilitates future access to the coronary arteries and beneficial hemodynamics, both of which are significant clinical advantages for the treatment of aortic regurgitation and aortic stenosis.

With the CE Mark, the Trilogy TAVI system becomes the first TAVI system in the world approved for the treatment of aortic regurgitation in high surgical risk patients. The Trilogy System now provides a clinically proven minimally invasive option for those in Europe suffering from the life-threatening effects of severe, symptomatic aortic regurgitation. We look forward to partnering with our key European sites and opinion leaders in the coming months to commercialize the Trilogy System for the treatment of both aortic regurgitation as well as aortic stenosis, said JenaValve CEO John Kilcoyne.

The JenaValve Trilogy System consists of a Transcatheter Heart Valve and Transfemoral Delivery System. The bioprosthesis comprises a self-expanding nitinol stent with a porcine pericardial tissue valve manufactured using state-of-the-art tissue processing techniques. The transfemoral delivery catheter is designed to deliver the bioprosthesis using a simple stepped approach to achieve anatomical positioning within the native valve. The System is available in three sizes, enabling treatment of a broad range of annular diameters.

We now have a minimally invasive therapy option available that is uniquely designed for the challenging anatomical characteristics of the aortic regurgitation patient, said Univ-Prof. Stephan Baldus, MD, Director of the Heart Center Department of Cardiology at University Hospital Cologne and Co-Principal Investigator. The Trilogy Valve System from JenaValve represents a significant improvement in our ability to confidently treat high surgical risk AR patients as this technologys features address the shortcomings of the existing TAVI devices in terms of valve stability, hemodynamics, and coronary access.

Severe high surgical risk aortic regurgitation (AR) is a condition that occurs when a patients aortic valve does not close tightly, resulting in reverse blood flow from the aorta back into the left ventricle. The current treatment for high surgical risk patients who are not candidates for open heart surgery consists predominantly of medical management, and off-label TAVI.

Alterations in the structure of valve complex in pure AR are distinct and present unique challenges due to absence of annular and leaflet calcification needed for device anchoring and stabilization during deployment, said Univ.-Prof. Hendrik Treede, MD, Director of the Clinic and Polyclinic for Cardiovascular Surgery at the University Hospital Mainz and Co-Principal Investigator. JenaValves locator technology provides a unique system of positioning and alignment with the native leaflets which I think provides my patients with several meaningful clinical advantages compared to current TAVI devices. With the Trilogy valve, we now have one aortic valve that meets the clinical demands of both aortic stenosis as well as aortic regurgitation. I can see how this valve may play a significant role in the field of transcatheter aortic valve implantation in the near future.

About JenaValve

JenaValve Technology, Inc., with locations in Irvine, California, Leeds, U.K. and Munich, Germany, develops and manufactures transcatheter aortic valve implantation (TAVI) systems to treat patients suffering from aortic valve disease.

JenaValve is backed by Bain Capital Life Sciences and Cormorant Asset Management as well as European and Asian investors, including Andera Partners (formerly Edmond de Rothschild Investment Partners), Gimv (Euronext: GIMB), Legend Capital, NeoMed Management, RMM, Valiance Life Sciences and VI Partners.

Additional information is available atwww.jenavalve.com.

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JenaValve Technology Receives CE Mark for its Trilogy TAVI System for the Treatment of Aortic Regurgitation and Aortic Stenosis - Cath Lab Digest

BEDFORD, Mass.--(BUSINESS WIRE)--Aspen Technology, Inc. (NASDAQ:AZPN), a global leader in asset optimization software, today announced that Shell Catalysts & Technologies, a provider of leading catalysts, technical services and licensed process technologies to refiners, gas treating facilities and chemical plants around the world, is implementing Aspen Schedule Explorer software in multiple plants throughout North America and Europe. The supply chain management solution will improve coordination, communication and visibility for operations and supply chain personnel, which will allow teams to adapt to changing conditions as needed. The comprehensive deployment follows the completion of a successful pilot program at Shell Catalysts & Technologies facility in Ghent, Belgium.

Its critical that the operations personnel throughout our plants and our central supply chain planning team have visibility of the latest published production schedules and are able to provide updates, ask questions and make notes on various parts of the production process to enable operational excellence. Aspen Schedule Explorer has been a highly effective and intuitive solution for providing our schedulers, operators, maintenance crew and central supply chain planning team with real-time visibility into production, said Luis F. Filobelo PhD, Process Research at Shell Catalysts & Technologies. Were excited to roll out Aspen Schedule Explorer to other plants around the world.

Aspen Schedule Explorer provides operations and supply chain personnel with a live, web-based view into the latest published production schedules from Aspen Plant Scheduler, delivered through Shell Catalysts & Technologies private cloud. The solution combines advanced communication, visibility, and a schedule data historian to help improve productivity and supply chain and operations execution. Aspen Schedule Explorers common, collaborative hub strengthens cross-functional alignment between stakeholders, while an intuitive interface provides users with the visibility required in todays complex and dynamic manufacturing environments.

Sales and Operations Execution (S&OE) is the crucial process that enables manufacturers to quickly respond to the inevitable day-to-day opportunities and disruptions that occur in their supply chain and manufacturing sites. Clear communications, collaboration and real-time visibility enables supply chain and manufacturing operations teams to be agile and remain aligned throughout the day, said David Arbeitel, Senior Vice President of Product Management at Aspen Technology. This capability is especially important in todays manufacturing environment, where workers are often remote but still need to react and adapt quickly to changing conditions.

He added, Aspen Schedule Explorer provides Shell Catalysts & Technologies with a single source of information and visibility that can scale as needed based on changing and often uncertain conditions. Were thrilled to be helping Shell Catalysts & Technologies implement Aspen Schedule Explorer at all of its global manufacturing facilities.

Supporting Resources

About Aspen Technology

Aspen Technology (AspenTech) is a global leader in asset optimization software. Its solutions address complex, industrial environments where it is critical to optimize the asset design, operation and maintenance lifecycle. AspenTech uniquely combines decades of process modelling expertise with artificial intelligence. Its purpose-built software platform automates knowledge work and builds sustainable competitive advantage by delivering high returns over the entire asset lifecycle. As a result, companies in capital-intensive industries can maximize uptime and push the limits of performance, running their assets safer, greener, longer and faster. Visit AspenTech.com to find out more.

2021 Aspen Technology, Inc. AspenTech, the Aspen leaf logo, Aspen Schedule Explorer and Aspen Plant Scheduler are trademarks of Aspen Technology, Inc.

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Aspen Technology Software to Help Improve Operations and Supply Chain Alignment for Shell Catalysts & Technologies - Business Wire

As many investors know, streaming and on-demand content have taken over the media industry. Companies like Netflix (NASDAQ:NFLX), Disney (NYSE:DIS), and HBO are spending billions on TV and movie content, while Spotify (NYSE:SPOT), Apple (NASDAQ:AAPL), and others are vying for customers in music streaming with high-quality audio services.

But who is powering all this content creation? Enter Avid Technology (NASDAQ:AVID). The company is the backbone of professional media creation, and could be a great way to invest in this content creation boom. Here's why.

Image source: Getty Images.

Avid Technology sells hardware and software tools to video and music creators. It has three main business lines: audio & music, video post & storage, and media platform & cloud.

Audio & music is led by Pro Tools, a suite of software tools for musicians, songwriters, and anyone else producing professional music content. Along with Pro Tools software, Avid also sells hardware to help with audio recording and editing. Pro Tool's target customers are professional musicians, TV and film studios, and sound production teams at live events.

On top of Pro Tools, Avid has a new music distribution product called Avid Play that lets musicians directly upload recordings to popular streaming services like Apple and Spotify, making it easy for artists to bypass the labels and keep 100% of their streaming earnings. Avid is trying to transition its Pro Tools customers to subscription payment plans along with its other business lines. In Q1 of this year, Pro Tools hit 208k paid subscriptions, up 55% year-over-year, which is a sign that so far this transition is resonating with customers.

Video post & storage is Avid's product suite for all forms of video entertainment. Its flagship product Media Composer is the standard software solution in the professional video editing market. Avid also sells video storage solutions through Avid NEXIS, and is working to transition its storage products from on-premise to the cloud in a partnership with Microsoft (NASDAQ:MSFT) Azure. Media Composer hit 62k paid subscribers in Q1, up 41% year-over-year.

Avid's last main business line is what it calls "media platform". Avid's media segment is geared towards newsrooms and broadcast teams. Its main product is Media Central, a software solution that helps newsrooms internally communicate, push stories, and broadcast across various communication platforms. Like its other business segments, Avid is working to transition Media Central from an on-premise to a distributed, cloud-based solution that will make it easier for newsrooms and reporters to work in different locations.

Avid has dozens of products with confusing names, so understanding what the company does can seem daunting at first glance. But from an individual investor's perspective, you need to know that the company provides hardware and software tools to the professional music, audio, TV, and movie industries, and is currently transitioning its business to a subscription model.

With its big transition to selling its software products in a subscription format, Avid has started to see strong top- and bottom-line growth, as indicated by the robust double-digit-percentage growth in the numbers of Pro Tools and Media Composer subscribers. While some of its hardware and live revenue products took dips in 2020, causing overall revenue to drop slightly compared to 2019, subscription revenue has continued to grow, and is up 61% in 2020 to $73 million.

In Q1 of 2021, subscription revenue hit $25 million and made up 26% of overall revenue, vs. 9% in 2018. Management expects subscription revenue to hit 50% of overall sales by 2024. This shift is an important trend, as subscription sales bring better unit economics (gross margin is expected to hit a record 65% in 2021) and free cash flow margins due to more upfront spending on long-term contracts. Investors should watch for subscription sales to continually march higher as a percentage of revenue over the next few years, which would signify that Avid is executing on its business transition.

Avid Technology has gotten more expensive recently, with shares up over 400% in the last twelve months alone. At its recent investor day, management guided for $47 million-$55 million in free cash flow in 2021. At its current market cap of $1.36 billion, that gives Avid a forward price-to-free-cash-flow (P/FCF) of 29 based on the low end of its guidance. However, if it can hit its long-term guidance of $2.70 in free cash flow per share by 2025, that P/FCF will come down to 11 based on the current share price of $30.07. That is a lot of math -- simply put, what management is telling investors is that if subscription revenue continues to grow, the company can grow free cash flow per share at a high rate over the next five years.

With a strong tailwind from huge budgets in professional video and audio creation, a resurgence of live entertainment coming out of the COVID-19 pandemic, and a continued transition to higher-margin subscription revenue, Avid technology could be a great long-term investment as a bet on the continued growth of professional content creation.

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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Avid Technology, the Small-Cap Stock Powering the Streaming Revolution - Motley Fool

Juice Technology AG, producer of electric charging stations and software and the market leader in portable charging stations for electric vehicles, presents its fully integrated j+ pilot app that bundles all relevant vehicle, driving and charging data in a single tool.

Juice Technology AG, producer of electric charging stations and software and the market leader in portable charging stations for electric vehicles, presents its fully integrated j+ pilot app that bundles all relevant vehicle, driving and charging data in a single tool. Neatly arranged and user-friendly with state-of-the-art graphics, this app awakens an appetite for e-mobility even among newcomers.

j+ pilot, the simple software solution designed from the users perspective, unites in a single tool all relevant information on the vehicle, driving behaviour, charging operations and energy consumption. The app also serves as trip logbook recognised by tax authorities, and as a key to charging stations thanks to its integrated activation and control functions. With such universal integration, j+ pilot is the very first software solution of its kind, and unique on the market today.

The app can be used on smartphones as well as laptops (iOS and Android), and is also available in a web-based version for ease of viewing and editing on desktop computers. No matter what their terminal device, users have a wide range of in-depth vehicle, trip and charging analyses at their fingertips. Whether in tabular form or graphics the various telemetry data are processed and represented in neatly arranged and visually appealing displays. Whats more, the views can be individually customised to user wishes.

All trips, charges and standing times are not only conveniently listed in tabular form, but also simultaneously mapped and, where feasible, displayed in a diagram or graphical representation. If you wish, you can track the speeds driven, electricity consumption and regenerative braking energy recovery over every kilometre. Customisable dashboard widgets indicate the key figures you prefer to display. Users thus have a handy overview readily at their fingertips.

And yet, the displays have a tidy, uncluttered look. The contemporary neomorphic design with subtle shadowing lends the user interface a relief-like 3D feeling. The colour settings ensure good legibility under any light conditions. The lava look specially developed by the Juice Design Department exudes a modern, edgy style, with its contrasts of light-grey and luminous, continuously graduated orange elements on a black background.

The integrated trip logbook is a valuable tool for managing use of business fleet vehicles. Because it conforms to standards set by Germanys Federal Ministry of Finance (BMF) and thereby meets taxation reporting requirements, its an indispensable tool for everyone who travels for work. The purpose of travel can be easily recorded for every trip distance driven. Whether for business or pleasure these thorough, end-to-end records can also be enriched later with additional information.

The electronic trip log is a feature that makes life easier for thousands of people, eliminating the need for tedious follow-up documenting of journeys travelled. It renders obsolete even physical paper logbooks in the glove compartment or any separate for-pay app, says Christoph Erni, CEO of Juice Technology AG.

Driving efficiently is environmentally-friendly driving. Because every trip is automatically recorded, j+ pilot plainly visualises how much power the car consumes and how much regenerative braking energy is recovered on any given trip. This incentivises drivers to drive more economically.

Yet, determining an e-cars effective consumption considers not only the energy consumed on journeys, but also whats called vampire drain, i.e. battery drain during standing times. Even battery degradation is monitored and graphically presented.

To reduce these effects, its worthwhile charging regularly and slowly (slow-rate charging) instead of at fast charging stations. The smartJuice load and charging management system, likewise available via j+ pilot, ensures optimised charging behaviour.

E-car drivers can also ease their environmentally friendly conscience by purchasing power from sustainable resources. One option available thanks to j+ pilot is to prioritise use of electricity self-generated at home from solar power to charge the e-vehicle.

As a specialist in networked charging infrastructure, Juice Technology already has in-depth experience with highly integrated software solutions. The renowned motor vehicle telemetry specialist Albert Frischmann joined Juice on January 1, 2021 to put together and lead the international team of developers working on j+ pilot. Owing to his strategic experience, he was also appointed to the Board of Directors of the group subsidiary specially founded for this business segment, Juice Telemetrics AG.

I and my team of telemetry specialists and application developers have the expertise and power to enable Juice to take electromobility to a whole new dimension. j+ pilot is much more than just some fitness tracker for electric cars. Together with the chargers from Juice and the extensive advancements in connectivity, numerous previously unimagined possibilities are opening up, explains Frischmann.

j+ pilot is equally well suited for use by individual e-drivers or fleet managers. The app is usable independently of Juice-brand devices. Soon, an optionally available OBD2 plug lets you connect with cars that are stingy with their data, and even petrol-fuelled cars.

At the apps roll-out, it is already compatible with eight models of vehicles from various automakers: the Audi e-tron, Opel Corsa-e, Peugeot208, the Tesla models S, 3, X and Y, and the i3 from on BMW. The app is not bound to specific automotive manufacturers, and can therefore be used without further ado with other vehicle models.

The j+ pilot is now available as a free download from the Apple App Store and Google Play Store (Beta version). While the app is currently available in German and English, further language versions, functions and vehicles will be added on a continuous basis.

In conjunction with the j+-series devices becoming available from Juice, users will enjoy additional benefits such as activation and remote-control of charging stations, charging and load management, and payment and billing functions. With this total integration, j+ pilot is systematically expanding the digital ecosystem of Juice.

SOURCE: Juice Technology

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Cleared for take-off: Juice Technology launches its all-in-one app j+ pilot for e-car drivers and other motorists looking to go electric - Automotive...

Unveils Logo Refresh and Rebrands Divisions to Elevate and Differentiate Each Unique Subsidiarys Core Competency

LAS VEGAS, NV, May 26, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire GZ6G Technologies (OTCMarkets: GZIC), the complete enterprise smart solutions provider for large venues and cities, today announced the rebranding of GZ6G Technologies and its divisions in response to accelerated company growth and a renewed focus on its vision of becoming the smart city and venue enterprise solutions provider. Each division now has a cohesive logo with varying colors to differentiate the core competency of each revenue-driving subsidiary of GZ6G Technologies. Green Zebra Media is the first subsidiary to launch its website with the rebranded design and will focus on the agency and sponsorship business with non-reoccurring revenue and monthly recurring revenue models.

As the parent company, GZ6G Technologies is responsible for developing and implementing Smart Technologies and management on an enterprise level. Each subsidiary provides its specialized expertise to the parents overall enterprise project. Further, each subsidiary also markets its expertise to prospects and clients who need their specialized division services; however, do not necessarily require enterprise solutions. Therefore, in order to clearly communicate what makes them credible and different, each division needs to be just as smart as their parent.

GZ6G Technologies Divisions:

Green Zebra Smart Media: Providing branding, communications, marketing, digital advertising, media planning/buying, public relations, and sponsorship development support for venues, cities, and businesses for both local and national enterprise accounts.

Green Zebra Smart Labs: Development, deployment, and management of proprietary and third-party IoT software for wireless, web, and mobile applications, as well as API integrations, and analytics and support platforms that connect smart technology solutions to both local and national enterprise accounts.

Green Zebra Smart Networks: Providing wireless IT networking infrastructure, IT & Wireless managed services, and comprehensive customer support for smart technology solutions for both local and national accounts both local and national enterprise accounts.

The Green Zebra Smart Networks website is expected to be released June 2021.

Green Zebra Smart Data: Providing data security, cloud management, and co-location hosting services to optimize software user applications and user data access, and third-party application hosting.

With the opening of entertainment venues, sports arenas, and stadiums, key clients for GZ6G Technologies, and its divisions, the company has been focused on showcasing each divisions revenue-driving capabilities. Services provided to customer accounts can seamlessly span one or more of the companys various divisions.

With COVID restrictions lifting and venues and businesses opening at 50-100% capacity, the time is now to refresh our brand to embrace the change and evolution thats about to come with the advancements of 5G and Wi-Fi 6 technologies, said Coleman Smith, CEO for GZ6G Technologies. Each division focuses on separate industry verticals which drive varying revenue streams creating a company that is poised for continued growth.

Green Zebra Smart Media, Smart Networks, Smart Labs, and Smart Data are integral, genetic components of GZ6G Technologies while also defining the specialized expertise and varying revenue streams they bring to the family and the marketplace.

With the completion of audited financials, GZ6G Technologies recently submitted its application for the Company to be up-listed to the OTCQB.

GZ6G Technologies and its divisions, Green Zebra Smart Networks, Green Zebra Smart Labs, Green Zebra Smart Data, and Green Zebra Smart Media are currently working with various clients that will be announced soon. For more information visit: GZ6G.com.

About GZ6G Technologies:

GZ6G Technologies is the complete enterprise smart solutions provider for large venues and cities. Focused on acquiring smart city solutions, developing innovative products, and overseeing smart cities and smart venues, GZ6G Technologies also assists in modernizing clients with innovative wireless IoT technology for the emerging 5G and Wi-Fi 6 marketplaces. Target markets include stadiums, airports, universities, and smart city projects. Ever evolving and innovative, GZ6G Technologies smart solutions consist of four divisions, Green Zebra Smart Networks: offers a fully integrated wireless and IT infrastructure solutions for enterprise opportunities. The Green Zebra technical teams will also provide both managed services support, and technical support for networking hardware and software for enterprise level clients. Green Zebra Smart Data: The Green Zebra Smart Data centers division will focus on safe and secure data management and cloud computing solutions for GZ6G Technologies divisions as well as co-location and hosting options for venues, cities, and customers. Green Zebra Smart Labs: IoT software applications integrated for commercial, industrial and user engagement technology, as well as artificial intelligence and analytics for historical data, operation forecasting and monetization purposes, to name a few. Green Zebra Smart Media, a majority-owned subsidiary of GZ6G Technology Corp: a full-service marketing and advertising division for clients that includes public relations, copywriting, branding, and all creative needs.Since 2017, GZ6G Technologies is the trusted, smart solutions provider for clients such as Governors Island, NY, and the city of New York, to name a few. For more information, visit http://www.GZ6G.com. Twitter @gz6tech

MEDIA Contact:Arlene BordinhoArlene.b@brandltd.com

INVESTOR Contact: Coleman SmithCole@greenzebra.net

Safe Harbor Statement:

In addition to historical information, this press release may contain statements that constitute forward-looking statements. Forward-looking statements contained in this press release include the intent, belief, or expectations of the company and members of its management team with respect to the company's future business operations and the assumptions upon which such statements are based.

Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance, and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements.

Factors that could cause these differences include, but are not limited to, failure to complete anticipated sales under negotiations, lack of revenue growth, client discontinuances, failure to realize improvements in performance, efficiency and profitability, and adverse development with respect to litigation or increased litigation costs, the operation or performance of the Company's business units or the market price of its common stock.

Additional factors that would cause actual results to differ materially from those contemplated within this press release can also be found on the company's website. The company denies any responsibility to update any forward-looking statements.

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GZ6G Technologies Announces Rebranding and Refresh of Logos for Divisions - GlobeNewswire

Comment

Developing connections across the TMF and with larger IT investment programs will yield sustained positive outcomes for the government.

Last week, the Office of Management and Budget issued new guidance regarding priorities and processes for agencies to submit proposals for the Technology Modernization Fund that support the American Rescue Plan Act. The guidance provides important insights on how the TMF can be leveraged to address mission objectives.

The TMFs allocation of $1 billion under the ARP links technology investment to the broad set of modernization needs in agencies, with the OMB guidance focused on four critical areas that also connect with other key funding priorities in the ARP:

The OMB guidance also addresses the statutory requirement for repayment of TMF funds within five years, responding to numerous requests for flexibility in repayment so that more agencies will tap into the funds. To address these concerns, the TMF Board is requesting proposals from agencies for full, partial or minimal payback of TMF funds. Moreover, OMB is moving at rapid pace to review investment candidates and field promising practices. In the new guidance, the TMF Board asks that proposals submitted by June 2 to receive expedited consideration; the Board will continue to evaluate proposals on a rolling basis thereafter.

The four priority areas above are both distinct investment options and interconnected technology domains. Accordingly, they suggest the need for agency proposals and Board reviews that are both specific to each area and common across all four. For example, modernizing systems necessitates reviewing and improving the security posture of those assets; the public that accesses digital services relies on secure and modernized applications for good performance. Cross-agency services should embrace all of these elements.

Similarly, the ARPs investments in TMF and related technology domains should be considered in terms of how these investments connect to current agency programs, platforms and applications. The federal government will likely spend close to $100 billion on technology in 2021, if that total includes both new ARP funds and potential additional spending under the American Jobs Plan and American Families Plan (should they be enacted). If the TMF and other ARP investments are not viewed in this larger -- aka, 50-fold+ -- spending context, they may be implemented as one-off projects that embrace innovation but do not scale to promote broader technology modernization.

A strategy of linking the criteria and investment portfolio from the TMF to drive improvements in related investments across the portfolio would involve several elements, including:

During the execution of a past technology reform initiative, Project Quicksilver, OMB developed a strategy for how 24 cross-cutting e-government initiatives could pull forward the rest of the IT spend (roughly $60 billion at that time) as part of the Presidents Management Agenda launched in 2001. That framework was supported by the then-newly developed Federal Enterprise Architecture, and amplified through emerging shared services lines of business that included financial management, human resources, grants, and later cybersecurity all areas that continue as shared services LOBs today.

A similar whole of government strategy can help OMB, GSA and the agencies work individually and collectively to ensure that innovative projects awarded under the TMF and related technology lines in the ARP will have a greater impact than what could be realized at the individual project level. Such a connection to the overall IT portfolio helped contribute to the success of the 2001 PMA, elements of which still exist (like the shared services lines of business and e-government initiatives including Benefits.Gov, Grants.Gov and Regulations.Gov). Conversely, innovations lacking a connection to longer-term strategy and priorities have often failed to last beyond the tenure of the initial project period.

Over the next several weeks, we will address each of the four areas set out as priorities in OMBs guidance, as well as repayment considerations. We hope that these posts will spur additional comment and dialogue that can support the government in driving broad and sustainable implementation of the TMF.

About the Authors

Dan Chenok is executive director of the IBM Center for the Business of Government.

Margaret (Margie) H. Graves is a visiting fellow with the IBM Center for the Business of Government. She formerly served as deputy federal CIO.

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Enhancing the impact of Technology Modernization Fund - FCW.com

SAN ANTONIO, May 11, 2021 (GLOBE NEWSWIRE) -- Rackspace Technology (NASDAQ: RXT), a leading end-to-end multicloud technology solutions company, today announced it has been named a Top 15 Sourcing Standout by Information Services Group (ISG), a leading global technology research and advisory firm.

Rackspace Technology was among the leading providers in the Breakthrough 15 category globally and for the Americas, EMEA and Asia Pacific regions based on annual contract value (ACV) won over the last 12 months, according to the 1Q 2021 Global ISG Index.

Now in its 74th consecutive quarter, the ISG Index provides an independent quarterly review of the latest sourcing industry data and trends. Each quarter it names the top 15 commercial providers in the Big 15 (revenues of more than $10 billion), Building 15 (revenues between $3 billion and $10 billion), Breakthrough 15 (revenues between $1 billion and $3 billion) and Booming 15 (revenues of less than $1 billion) categories in the Americas, EMEA and Asia Pacific regions. Each Top 15 category includes providers that compete in the traditional sourcing market, as well as those that compete in the as-a-service market, including IaaS and SaaS providers.

Rackspace Technology recognition by ISG is due to double-digit revenue growth in 2020 and strong earnings leverage as earnings growth outpaced revenue growth for both the fourth quarter and the full year.

This new recognition follows the 2020 ISG Provider Lens Next-Gen Private/Hybrid Cloud Data Center Services & Solutionsreport for the U.S. which recognized Rackspace Technology as a Leader inManaged Hosting & Managed Servicesformidmarket. ISG Provider Lens Quadrant reports provide valuable insights to enterprise buyers on the strengths, competitive differentiators and unique selling points of leading service providers serving each market.

Due to our people, partners, expertise and automation to help customers of all sizes optimize their multicloud journey combined with our fanatical customer experience, Rackspace Technology is extremely well positioned in the multicloud market, said Lisa McLin, Rackspace Technology VP, Global Channel Chief. In 2020 we made great progress towards becoming the leading pure play multicloud services and solutions company and set the stage for years of incremental revenue growth.

Inclusion in the ISG Index is based on data Rackspace Technology submits to ISG each quarter.

The ISG Index is recognized as the authoritative source for marketplace intelligence on the global technology and business services industry, said Paul Reynolds, chief research officer of ISG. Rackspace Technology continues to establish itself as a leading and growing player in the global market for multicloud services, based on its volume of business in relation to other industry providers.

About Rackspace TechnologyRackspace Technology is a leading end-to-end multicloud technology services company. We can design, build and operate our customers cloud environments across all major technology platforms, irrespective of technology stack or deployment model. We partner with our customers at every stage of their cloud journey, enabling them to modernize applications, build new products and adopt innovative technologies.

About ISGISG (Information Services Group) (Nasdaq: III) is a leading global technology research and advisory firm. A trusted business partner to more than 700 clients, including more than 75 of the worlds top 100 enterprises, ISG is committed to helping corporations, public sector organizations, and service and technology providers achieve operational excellence and faster growth. The firm specializes in digital transformation services, including automation, cloud and data analytics; sourcing advisory; managed governance and risk services; network carrier services; strategy and operations design; change management; market intelligence and technology research and analysis. Founded in 2006, and based in Stamford, Conn., ISG employs more than 1,300 digital-ready professionals operating in more than 20 countriesa global team known for its innovative thinking, market influence, deep industry and technology expertise, and world-class research and analytical capabilities based on the industrys most comprehensive marketplace data. For more information, visit http://www.isg-one.com.

Media ContactNatalie SilvaRackspace Technology Corporate Communicationspublicrelations@rackspace.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/8d78c3b3-225c-4db6-9cb9-a15a16791d15

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Rackspace Technology Named a Top 15 Sourcing Standout by ISG - GlobeNewswire