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Category Archives: Technology

Global Premier Benefits Partners with Integrity to Enhance Technology and Expand Agent Resources – inForney.com

Posted: February 9, 2022 at 1:44 am

DALLAS, Feb. 8, 2022 /PRNewswire/ --Integrity Marketing Group, LLC("Integrity"), an omnichannel insurtech leader in life, health and wealth solutions, today announced it has acquired Global Premier Benefits, an independent marketing organization ("IMO") based near Baltimore, Maryland. As part of the acquisition, Tony Holland, CEO of Global Premier Benefits, will become a Managing Partner in Integrity. Financial terms of the transaction were not disclosed.

Tony and Kathy Holland founded Global Premier Benefits, intent on taking care of many clients in urban communities. With compassion and a comprehensive understanding of Medicare and Medicaid, Global Premier Benefits helps its associates guide clients toward well-informed decisions. Today, its agents and employees span nationwide and take pride in helping clients understand the benefits they qualify for and improve their quality of life.

"Tony and his team have gone above and beyond to deeply understand the needs of those they serve. In Integrity, they have found an organization that understands their needs as a company," said Bryan W. Adams, Co-Founder and CEO of Integrity. "While Global Premier Benefits has embraced the challenges and opportunities of metro communities, they needed additional resources to scale as quickly on their own. By partnering with Integrity, Global Premier Benefits can now access infrastructure and technology that makes it possible to reach more clients and provide more expanded guidance than ever before. Together, Integrity and Global Premier Benefits are a service-centered powerhouse that can now maximize positive impact on communities in need."

"Global Premier Benefits connects with Americans from all walks of life because our agency is reflective of the diversity our clients see in their communities," explained Tony Holland, CEO of Global Premier Benefits. "Integrity is living up to its mission of innovating insurance and financial services by simplifying and improving the process for everyone. Their omnichannel platform is second to none. With Integrity's robust systems and resources coming alongside us, we can increase our production dramatically. Our business is about changing lives, and today Integrity has changed our lives and those of the many Americans we serve."

As an Integrity partner, the Global Premier Benefits team can access Integrity's supportive infrastructure of shared business services, allowing them to redirect valuable time toward serving more community members. These centralized business functions include IT, legal, accounting and human resources, as well as access to a world-class advertising and marketing firm. Integrity's omnichannel insurtech platform encompasses proprietary technology designed to help Global Premier Benefits scale faster, including resources such as CRM, MedicareCENTER, data and analytics, and quoting and enrollment systems.

Global Premier Benefits will share its experience working with additional needs-based markets with Integrity's continuously expanding partner network. This collaborative collection of forward-thinking industry leaders and icons develop and optimize innovative insurance and financial processes that help American consumers prepare for the good days ahead.

Additionally, Global Premier Benefits can now offer its employees meaningful company ownership through the Integrity Employee Ownership Plan.

"The Employee Ownership Plan is one of the highlights of our partnership with Integrity," shared Kathy Holland, CFO of Global Premier Benefits. "This is an organization that shows it truly cares about its employees by giving each one a stake in the company's success. Joining Integrity feels like being part of a large, but closely connected family right away. This partnership will change our lives as well as those of our employees and their families I'm excited to get started with Integrity!"

For more information about Global Premier Benefits' partnership with Integrity, view a video at http://www.integritymarketing.com/GlobalPremierBenefits.

About Integrity Marketing Group

Integrity, headquartered inDallas, Texas, is an omnichannel insurtech leader of life and health insurance, and provider of innovative solutions for wealth management and retirement planning. Through itspartner network, Integrity helps millions of Americans protect their life, health and wealth with a commitment to meet them wherever they are in person, over the phone and online.Integrity's cutting-edge technology helps streamline the insurance and financial planning experience forallstakeholders. In addition, Integrity develops products with carrier partners and markets them through its distribution network of agencies,brokerages and RIAsthroughout the nation. Integrity's nearly 5,500 employees work with more than 420,000 agents and advisors who serveover 10 million clients annually. In 2021, Integrity helped carriers place more than $7 billion in new salesand oversaw more than $20billionof assets under management and advisementthrough its RIA and broker-dealer platforms. For more information, visitwww.integritymarketing.com.

About Global Premier Benefits

The Holland Insurance Group, LLC, was started in June of 2000 by Tony and Kathy Holland. As the insurance brokerage firm grew, Tony and Kathy expanded their business by creating Global Premier Benefits in June of 2009, as the national trademark company to the Holland Insurance Group. Today, Global Premier Benefits is a leading Medicare Advantage and life insurance distributor with a network of over 2,000 agents and agency directors spanning 30 states and Washington, D.C. With their tech-centric platform and commitment to Medicare education and compliance, Global Premier Benefits is renowned for providing tremendous opportunities for its associates and quality service to well over 100,000 Americans. Global Premier Benefits is headquartered in Owings Mills, Maryland. For more information, visit http://www.globalpremierbenefits.com.

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SOURCE Integrity Marketing Group, LLC

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United States Releases Updated List of Critical and Emerging Technologies – United States Department of State – Department of State

Posted: at 1:44 am

The White House has released an updated list of Critical and Emerging Technologies (CET List), which will serve to inform a forthcoming strategy on U.S. technological competitiveness and national security.

Critical and emerging technologies (CETs) are a subset of advanced technologies that are potentially significant to U.S. national security. The 2021 Interim National Security Strategic Guidance defines three national security objectives: protect the security of the American people, expand economic prosperity and opportunity, and realize and defend democratic values. This list identifies CETs with the potential to further these objectives and builds on the October 2020 National Strategy for Critical and Emerging Technologies, which contains an initial list of priority CETs.

The U.S. Government, the private sector, and allies and partners must understand and remain focused on developing and deploying the technologies that are most critical to our national security, economic prosperity, and to realizing and defending our democratic values. In addition, our joint leadership in CETs faces growing challenges from strategic competitors and adversaries who recognize the benefits of CET and are organizing human and capital resources on a national scale to challenge our lead in areas with long-term consequences.

In response to these challenges, the United States remains unwaveringly committed to advancing technology leadership with our allies and partners to protect our shared security interests, economic prosperity, and democratic values.

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United States Releases Updated List of Critical and Emerging Technologies - United States Department of State - Department of State

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Tech Leaders Talk: How Equity And Diversity Can Be Achieved In Technology – Forbes

Posted: at 1:44 am

The pandemic of the past two years has hit women and particularly diverse women disproportionately hard economically. In the technology industry, which benefited from a faster than average recovery, weve actually seen a 2% increase in representation at large global tech firms. However, that doesnt take into account smaller companies, of which less than half have established company-wide diversity hiring and retention goals.

It also ignores the burnout being felt by women in tech, with work/life satisfaction falling by 38 points, and more than half of racially and ethnically diverse women in the industry rating their work/life balance as extremely poor, resulting in 38% of women planning to leave their jobs in tech in the next two years.

We are in a time of transition and technology stands at the forefront. As we contemplate the future and begin to set the foundations of the new normal, we look to a diverse set of leaders in the tech industry who are actively engaging with these issues, in hopes that we can benefit from the wisdom they have gained through their personal perspectives and experiences.

New Work Paradigms and Challenges

Sipra Laddha, MD - Co-founder, LunaJoy Health

The silver lining of the past two years is that we have gained tremendous flexibility and insight around our previously narrow definition of work schedules, location, and environment. I am hopeful this expanded mindset will be beneficial to tech leaders rising according to their talent base and skills, rather than immediate life circumstances. Sipra Laddha, MD - Co-founder, LunaJoy Health.

The transformation of work has allowed employers and employees to find new and flexible ways to continue working, and studies have shown that 57% of technology professionals feel that the move to remote work has made them more productive.

However, many women have mixed feelings about whether this shift has been beneficial to them. Working from home provides flexibility, but it can also blur the lines between career and home care, especially for women of whom 42% took on more household work during the pandemic compared to 11% of men in tech.

I hope to see more DEI with people moving up the ranks while being well supported by the industry to be physically and emotionally well, said Sipra Laddha. Our current paradigm, especially for women, is quite binary and is a narrative of the sacrifice of either family or work, wellness or promotion. I hope the needs of all technologists are placed adjacent to their success rather than in spite of or at the cost of.

Michael Ellison, Founder and CEO of CodePath.org

We also have to be cognizant of supporting DEI at the other end of the spectrum. According to Michael Ellison, Founder and CEO of CodePath.org, CodePath's investigation into the question why do so few Black computer science graduates get hired as software engineers? all pointed towards a massive opportunity to plug into the way the existing system works, which is hiring through internship programs. This shows that even at the entry point into tech we are seeing new paradigms.

Understanding and Communication

Rachel Williams, Chief Diversity & Inclusion Officer, The Motley Fool

"The past two years have been humbling, enlightening, and empathy-building. I hope that companies bring these elements forward as we start to re-imagine our new way of working, our new workspaces, and the new products we will build. Our work, our environments, and products should include all and serve all, " said Rachel Williams, Chief Diversity & Inclusion Officer at The Motley Fool.

While major tech companies continue to invest billions in DEI initiatives, these efforts are ineffective when conducted in a vacuum. The only way to achieve results is to engage with the community, reach out to diverse employees, interact with social groups designed to support them, and ensure that there is an easy system for feedback, especially anonymous feedback.

Jasmine James, Senior Engineering Manager - Developer Experience, Twitter

As companies focus on introducing more diversity, inclusion should be top of mind. As companies seek to instill a sense of belonging for underrepresented groups, they are presented with challenges, especially in remote work environments. Companies should invest in facilitating belonging, solicit continuous feedback, and act based on needs relentlessly, added Jasmine James, Senior Engineering Manager - Developer Experience at Twitter.

Nia Darville, DE&I Program Manager, Greenhouse Software

If the past two years have taught companies anything, its that an intentional diversity, equity, and inclusion strategy is one of the most essential weapons in the battle for talent. Setting measurable goals and actively tracking their progress not only increases equity for individuals from historically marginalized groups but also creates a culture where every person can thrive, included Nia Darville, DE&I Program Manager, Greenhouse Software.

Cryptocurrency and Equality in Emerging Technologies

Amy Matsushima, Founder - Women of Crypto

The revolutionary significance of cryptocurrency encourages and precipitates the paradigmatic shift necessary to ensure the equal opportunity of women in the global marketplace. I am optimistic that dedication, collective effort, education, empowerment, and representation - including more women-led projects and female crypto influencers - will allow us to see the inclusive network and sense of community that is the very foundation of crypto, said Amy Matsushima, Founder - Women of Crypto.

Cryptocurrency has enormous potential to provide paths to professional and financial freedom for women and people of color in technology. The low barriers to entry, lack of restrictions, and ability to directly connect with investors are creating a space where historically excluded tech professionals can find success.

Leadership is vital to the future of equity in the technology industry. People running teams and companies need to be intentional about communicating with and listening to the people they employ and design for inclusion as they build and implement practices and policies during this time of great change. Most importantly, they have to be willing and break down biases and barriers to empower talented diverse individuals to be and become leaders in their own right.

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Tech Leaders Talk: How Equity And Diversity Can Be Achieved In Technology - Forbes

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Kforce revenue up nearly 16%, cites strength in technology business – Staffing Industry Analysts

Posted: at 1:44 am

February 08, 2022

Fourth-quarter revenue rose 15.9% at Kforce Inc. (NASDAQ: KFRC). The increase in revenue per billing day was 17.8%. The Tampa, Florida-based IT and finance/account staffing provider also reported gross margin improved.

Perhaps most notable in 2021 was the record level of full-year organic growth we delivered in our technology business of approximately 22%, which meaningfully accelerated as the year progressed to greater than 30% growth in the fourth quarter of 2021, President and CEO Joseph Liberatore said.

Technology direct-hire revenue at Kforce was up 84.9%.

For full-year 2021, revenue was up 13.0%, while gross margin improved two basis points.

Kforce forecast first-quarter revenue of between $403 million and $411 million, a year-over-year increase of between 11.0% and 13.2%.

It also forecast first-quarter gross margin of between 28.1% and 28.3%.

Shares in Kforce were up 7.80% to $73.40 as of 11:58 a.m. Eastern time; they were 9.91% below their 52-week high, according to FT.com. The company had a market cap of $1.46 billion.

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7 Roman inventions: incredible feats of ancient technology – Livescience.com

Posted: at 1:44 am

Ancient Roman inventions and innovations didn't collapse with the Roman Empire. Although many millennia have passed, the masterful work of the Romans can still be spotted in daily life.

With an empire that spanned most of Europe, western Asia, northern Africa and the Mediterranean, according to the journal Science, the Romans held enormous power and influence in the ancient world. From the 8th century B.C. when Rome was founded to the Western Empire's collapse in the 5th century, Roman technology influenced some of the tools, architecture and city structure of the modern world.

The Romans were masters of early environmental engineering, for example using water and their knowledge of physics to produce energy for mills, according to the journal Nature. Meanwhile, down on the farm, they were able to maximize their crop yields By using crop rotations and the 'food, feed, fallow' system, according to the journal Agronomic Crops. Splitting farms into these three allotments ensured there were always crops ready to pick.

However, not every ancient innovation can be chalked up solely to the Romans. For example, the first calendar was not a Roman invention, but the widespread use of the Julian calendar taught the large majority of the world a way to track passing time, according to the Journal for the History of Astronomy.

From their own unique inventions to improved techniques, here are seven lessons the Romans helped teach the world.

The Romans invented the hypocaust system an early method for efficiently distributing heat. Click on the interactive image below to explore the features of this system.

Ancient Rome was home to some of the world's first sewer systems, according to the journal Sustainability. These underground sewers were first installed in around 500 B.C. and consisted of giant, carved-stone tunnels. Today many cities' sewers bear resemblance to those of ancient Rome but their purpose may have been different, according to the journal of the Water Pollution Control Federation. In the modern world, a sewer's main function is to carry unsanitary waste away from urban areas. In Rome, however, their main role was to remove the excess water that could flood the streets.

Some homes were connected directly to Rome's covered drainage system, others simply tipped their sewage into the streets, but streets were then washed to move waste into sewers. Sewage then travelled through a network of extensive tunnels, until it reached the Tiber, Rome's main river. The architecture of sewers hasn't changed too much since these ancient builds. In fact, the "Greatest Sewer" of ancient Rome is still in place today and is one of the oldest remaining Ancient Roman structures, according to the Journal of Transportation Technologies.

The grid layout of cities also called centuriation was one of the formats that ancient Romans adopted to divide and measure their land, according to the American Journal of Archaeology. The grid formation, which then organized Roman land into conquered territories, today organizes large cities into functioning roads and streets.

The Romans were highly skilled at turning bare land into built-up cities as many towns under the Roman Empire were expanded and redeveloped. The grid design may seem simple today, but before the Romans produced mass road grids, buildings and other town features often just followed the shape and geology of the land.

The idea of large towns and cities were also introduced to many countries by the Romans. Their criss-crossing street layout created central squares for trading, called insulae. This structure inspired the next city planners, according to an article published in the Journal of Space Syntax.

Over 9,000 kilometres of roads were built to transport and expand the Empire.

Usually with the advancement in technology and knowledge, human-made items are continually being improved over time. However, the concrete made by the Romans was in fact stronger than our modern material, according to an article by the journal Nature. For example, while saltwater erodes modern concrete within a matter of years, some of the sea walls built by the Romans 2,000 years ago still remain intact. Details of how Roman concrete was produced was lost over time.

To uncover the Romans' construction secret, scientists at the Berkeley Lab at the University of California studied the mineral components of the ancient maritime concrete. They found that a mixture of lime and volcanic rock was used. This created a mortar and volcanic tuff. To add further strength, the mortar was placed in seawater. Water molecules hydrated the lime, which underwent a chemical reaction with the ash, cementing them together. This formed a strong calcium-aluminum-silicate-hydrate.

Even structures that were not underwater were hardy. For example, the skilled technique of the Romans, using volcanic rock and ash to build the Colosseum, has kept this famous wonder relatively intact.

Although the Romans were far from the first to leave written records, they are credited with replacing scrolls with the first form of books, according to the BBC Culture. Called codices, bound wax tablets were used instead of today's paper.

The wax was engraved with a sharp instrument called a stylus, according to the Journal of Neurosurgery. These documents transformed literacy, as binding tablets so that they could fold together was thinner than the large clay tablets that were originally written on. Codices were also easier to handle than scrolls. Later, the wax tablets were replaced by lighter animal skins.

The Romans invented many surgical tools and spread knowledge of surgical procedures, according to an article published in the Archive of Oncology. Many of these medical breakthroughs took place on the battlefield.

Some of the Greco-Roman tools that helped to shape modern surgery include bone drills and forceps, according to Neurology and Neuroscience Reports. Bone drills were used to remove diseased bone and were similar in appearance to today's corkscrews. Forceps were among the most common surgical tools in Roman times. They were used to remove small bone fragments from the body. In ancient Roman literature there are records of some of the earliest uses of syringes, according to the Faculty of Medicine at the University of Queensland. These were used to apply medical ointments.

It was a written law in ancient Roman times that if a woman died while giving birth, the child had to be cut out of her body, according to the U.S National Library of Medicine. This led to the first form of cesarean sections.

You can read more about the roads of Roman Britain at the English Heritage website. To learn about water and sanitation systems in Imperial Rome, watch this video by The Open University.

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Flying Cars? Los Altos Company Developing Out-of-This-World Technology – NBC Bay Area

Posted: at 1:44 am

Silicon Valley is developing some of the most out-of-this-world technology. Something that will let you both drive and fly, all while helping fight climate change.

In a quiet Bay Area studio, people are learning how to fly in a car.

ASKA, which means flying bird in Japanese, is a Los Altos company with big goals in mind. And if you hate traffic, youre going to love the idea of cruising above it all.

A prototype electric vehicle that takes you both on the road and in the air for business or personal use, and its better for the environment and for the housing crisis. This because you can quickly get away to where homes are cheaper.

"Cost of living is much lower. Better quality of life, and you can fly here within 20 or 30 minutes, said Guy Kaplinsky, CEO and co-founder of ASKA.

Aska said they expect this to be in production in 2026 with an initial range of about 250 miles per charge. Like, from the Bay Area to Tahoe.

A charge people would be able to get at home, at the airport, or just about anywhere.

They're taking pre-orders now for $790,000 each. Eventually, they plan to sell it for about $200,000.

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Airbus VP of Research & Technology Talks Sustainable Aviation Fuel and Hydrogen – Aviation Today

Posted: at 1:44 am

The team at Airbus is working towards 100% SAF to fuel all operations by 2030, and having an airliner using hydrogen as an energy source in service by 2035. (Photo: Airbus)

By the end of 2021, for all customers receiving aircraft from Airbuss final assembly line in Mobile, Alabama, sustainable aviation fuel (SAF) was incorporated in the delivery process. In the future, were looking at going beyond just Mobile to some of our other production facilities in North America and incorporating SAF into their operations, Amanda Simpson, Airbus VP of Research and Technology, told Avionics International. They expect to begin using increasing amounts of SAF in all operations, including test flights and acceptance flights, over the next few years.

The SAF that Airbus uses for aircraft delivery is produced by World Energy, which owns and operates Californias only sustainable aviation fuel production hub and supplies SAF to airports across the U.S. The SAF is primarily based on utilizing waste products, explained Simpson. In general, these products could be leftovers from lumber and tree trimming operations; it could be agricultural byproducts, municipal solid waste, or cooking oil. In all of these cases, she said, the carbon is pulled from the environment, the atmosphere, rather than from the ground via petroleum.

World Energy supplies SAF for Airbus to fuel aircraft deliveries from their facility in Mobile, Alabama. (Photo: Airbus)

All of Airbuss aircraft are approved to run on blends of SAF up to 50%. According to Simpson, the team is working on increasing that to 100% SAF in all of their aircraft. Our goal is to have that completed by the end of this decade. The issues there are ensuring compatibility with the engines themselves and all of the fuel systems, as well as the fueling systems at the airport. [We want to] make sure the SAF doesnt have any adverse effects, that its completely safe to use, and doesnt impact the reliability and efficiency of the engines or the operation of the aircraft. We have done demonstrations, with an A350 and an A319, to show that we can fly aircraft on 100% SAF.

Apart from advancing the use of SAF, Airbus is working on a project called ZEROe that involves three concept aircraft configurations using hydrogen as an energy source (rather than burning kerosene or SAF). When using hydrogen as an energy source, the only thing it emits out of the tailpipe is water, explained Simpson. Our goal is to have an airliner that uses hydrogen as an energy source in service by 2035.

The Airbus ZEROe concepts are all hybrid-hydrogen aircraft and include the following configurations: turbofan, turboprop, and blended-wing body (pictured above). (Airbus)

Right now, the ZEROe project is in the technology maturation phase. In addition to using hydrogen as an energy source, Airbus is currently working on leveraging advances in composites, manufacturing, aerodynamics, and other technologies in order to move forward with a detailed design of the ZEROe generation of aircraft by 2025.

All three of the concept aircraft have a hybrid-electric propulsion system. They are powered by hydrogen combustion using modified gas turbine engines, where liquid hydrogen is the fuel source. An advantage of hydrogen combustion is that no carbon dioxide, carbon monoxide, sulfurous oxide, nitrous oxide, or other unburned hydrocarbons are released. You can burn hydrogen in a jet engine, in a turbine engine, very similarly to the way you burn kerosene today. The engines would look the same. The difference is that you have to adjust and optimize the engine to burn a different fuel, Simpson said.

The first detailed designs of the ZEROe aircraft are expected to be completed by 2025. (Airbus)

Along with hydrogen combustion, the ZEROe concepts incorporate hydrogen fuel cells to power an electric motor in an aircraft, with water as a byproduct. The hydrogen fuel cells create electrical power to complement the gas turbine. All of these technologies are complementary, and the benefits are additive, according to the companys website.

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Letter to the editor: Candidates should recognize importance of technology – TribLIVE

Posted: at 1:44 am

As we continue to recover from the coronavirus pandemic, now is the time to set our city on a path that will meet our reputation as the most livable city while maintaining the innovative drive that has created jobs and fostered innovation over the last decade.

As mayor, Ed Gainey has a plan to ensure Pittsburgh not only keeps its reputation, but also continues to grow and support residents from all backgrounds and income levels. He intends to do this by continuing recent momentum that has brought tech investments to our city, bolstering our workforce and the economy.

The plan represents an understanding that technology companies are key to success and its not limited to economic development. The approach is multi-faceted, including dedicating time to curating a STEM curriculum in our schools. This will help ensure we have a workforce that is prepared for jobs within the tech industry and beyond.

In my career, I have assisted in the implementation of smart technology and witnessed innovation that results from investment in startups. I believe we are just getting started, but we need to stay competitive in this space.

Other candidates running in 2022 can take a lesson from Gainey and put forward a vision that recognizes the incredible contributions that are possible from the technology sector.

Chuck Farina

Hampton

The writer is managing principal of Greenway Capital Ventures.

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VIA optronics AG Receives 2021 Award for Best Technology Innovation Value Creation Strategy – Germany By Capital Finance International – Business Wire

Posted: at 1:44 am

NUREMBERG, Germany--(BUSINESS WIRE)--VIA optronics AG (NYSE: VIAO) (VIA or the Company), a leading supplier of interactive display systems and solutions, today announced it has won the 2021 award for Best Technology Innovation Value Strategy - Germany from Capital Finance International (CFI.co).

We are honored to receive this award and to be recognized for our unique technology and the value we create for our customers, said Jrgen Eichner, CEO & Founder of VIA. This award acknowledges our commitment to developing innovative and cutting-edge solutions for applications that require sunlight readable, robust and optically superior interactive systems solutions including displays, touch screens and cameras across consumer, automotive and high-end industrial markets. Our technologies solve complex environmental, design, and technical challenges every day for our customers.

CFI.co is a print journal and online resource reporting on business, economics and finance. Each year, CFI.co seeks out individuals and organizations that contribute significantly to the convergence of economies and truly add value for all stakeholders.

Highlights from the judging panels full report include:

About VIA:

VIA is a leading provider of interactive display solutions for multiple end markets in which superior functionality or durability is a critical differentiating factor. Its customizable technology is well-suited for high-end markets with unique specifications and demanding environments that pose technical and optical challenges for displays, such as bright ambient light, vibration and shock, extreme temperatures, and condensation. VIAs interactive display systems combine system design, interactive displays, software functionality, cameras, and other hardware components. VIAs intellectual property portfolio, process know-how, optical bonding, metal mesh touch sensor and camera module technologies provide enhanced display solutions built to meet the specific needs of its customers.

Further information on the Company can be found in its Annual Report on Form 20-F for the year ended December 31, 2020 (the Annual Report), which the Company has filed with the U.S. Securities and Exchange Commission. You can access a PDF version of the Annual Report at VIAs Investor Relations website, https://investors.via-optronics.com/investors/financial-and-filings/annual-reports/default.aspx. A hard copy of the audited consolidated financial statements can also be requested free of charge by contacting the investor relations team via the information provided below.

About CFI.co:

CFI.co is a print journal and online resource reporting on business, economics, and finance. The journal recognises that the traditional distinction between emerging and developed markets is now far less meaningful as world economies converge. Headquartered in London, the worlds most multicultural city, CFI.co covers and analyses the drivers behind that change. Combining the views of leading multilateral and national organisations with thought leadership from some of the worlds top minds CFI.cos dedicated editorial team ensures that readers better understand the forces influencing and reshaping the global economy.

About the CFI.co Awards Programme

Each year, CFI.co seeks out individuals and organisations that contribute significantly to the convergence of economies and truly add value for all stakeholders. Reporting from frontlines of economies on the move, CFI.co realises that best practice is to be found throughout the world. The Awards Programme aims to identify and reward excellence wherever it is found. The programme aims to inspire others to further improve their own performance.

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Drishti Recognized as Frost & Sullivan 2022 Technology Innovation Leader for AI-Powered Video Analytics – Business Wire

Posted: at 1:44 am

MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Drishti Technologies, Inc. (Drishti), whose AI-powered manufacturing technology uses video analytics, data and insights to bring significant benefits to manufacturers and their employees, was recognized with a 2022 Frost & Sullivan Technology Innovation Leader Award for North American AI-Powered Video Analytics for the Manufacturing Industry.

Frost & Sullivan applies a rigorous analytical process to evaluate multiple nominees for each award category before determining the final award recipient. The process involves a detailed evaluation of best practices criteria across two dimensions for each nominated company. Drishti excels in many of the criteria in the AI-powered video analytics for the manufacturing industry, which include:

Drishtis AI-based platform streamlines the manufacturing process by identifying areas of improvement and bottlenecks, which means production cycle length shortens, resulting in quicker shipping times and positive customer experiences, said Doraiswamy Bharath, industry analyst, Frost & Sullivan. Drishtis technology is built to complement and extend lean practices, empowering human beings on the factory floor and creating better outcomes for all parties.

The full report highlights how Drishtis technology augments human actions in manual assembly, which is particularly important for manufacturers who are seeking to remain competitive while struggling with the challenges of Covid-19. The report articulates how Drishti helps manufacturers enable digitally lean processes, providing them with quality, speed and cost advantages over their competitors.

Drishti is having a profound impact on manufacturing by providing unparalleled business insights to all parties in the factory, from the line associate who is interacting with each unit and ensuring high quality assembly to the CEO who is concerned with each plants production metrics, said Gary Jackson, CEO, Drishti. Frost & Sullivans recognition of how Drishti helps drive better production outcomes is a reinforcement of what were hearing from our customers every day.

Read the full report here; for more information on Drishti, visit drishti.com.

About Drishti Technologies

Drishtis mission is to extend human capabilities in an increasingly automated world. Its AI-powered video analytics technology provides visibility and insights that transform the pace and impact of manual assembly line improvement. Manufacturers use Drishti to anchor true digital transformation, driving sweeping improvements in quality costs, efficiency gains and time-to-proficiency for line associate training. And line associates rely on Drishti to be more consistent and efficient, becoming even more valuable on the factory floor. In 2019, Drishti was selected by the World Economic Forum as a Technology Pioneer; in 2020, Drishti was named to the Forbes AI 50 and a Top 5 AI Company in North America by NVIDIA. In 2021, Drishti was named a Manufacturing Leader by NAM. For more information, visit drishti.com.

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