News Hub | News Direct

Technology

Artificial Intelligence Big Data Cloud Computing Cyber Security Data Management Electronics Enterprise & Network Technology Financial Technology Hardware Mobile & Wireless Nanotechnology Semiconductor Software Telecommunications
Article thumbnail News Release

Vertical IQ and Abrigo Partner to Drive Efficiencies and Engagement for Credit Analysts

Vertical IQ

Abrigo, the top lending software solution, and Vertical IQ, the leader in Industry Intelligence, announced a partnership today that will provide industry insights within the Abrigo platform to support credit analysts for underwriting, risk analysis, credit memos, and more. This integration will enable Abrigo users to drive efficiencies as well as help bolster engagement on the Vertical IQ platform. Covering more than 97% of the economic revenue in the U.S. and Canada, Vertical IQ’s timely, specific, and relevant Industry Intelligence provides actionable and targeted industry content that enables users to build confidence and credibility and better engage with prospects and customers. With this integration, Abrigo users will have access to the Vertical IQ platform’s financial benchmarks and specialized industry insights right at their fingertips, saving them time and streamlining the lending process. “This new integration will be a tremendous asset for our business bankers,” said Nolan Gesher, VP of Client Services at Abrigo. “We were looking for a solution that could make our customers better equipped to service their SMB and commercial borrowers through industry experience, and Vertical IQ fit the mold perfectly.” Integration benefits Drive efficiency: The utilization of Vertical IQ throughout the lending process will save users time and drive efficiency by providing the right information, in the right place, at the right time, and having targeted insights at every step of the process. This includes highly relevant Call Prep Questions, which will appear as outstanding activities on Abrigo’s customer summary page. Surface relevant content: Vertical IQ’s industry content and insights will be available in Abrigo’s document library, where users can access a Credit and Risk Brief to provide context around an industry after submitting loan application data. This brief will incorporate focused Industry Intelligence that benefits users by solidifying their value proposition. Provide support for credit analysts: The underwriting metrics from the Vertical IQ platform will be provided on Abrigo’s Customer Profile, which include benchmarks for analysts to assess risk and underwrite against. “Abrigo’s intuitive platform makes it a perfect place for Industry Intelligence to live,” said Paul Hock, VP of Strategic Partnerships at Vertical IQ. “The actionable, convenient and focused credit underwriting and risk information from Vertical IQ will save Abrigo users time and drive efficiencies, and the integration will help boost engagement on the Vertical IQ platform. We believe this partnership will be of significant mutual benefit both now and in the future to help users deliver value and win new business.” Availability Mutual customers of Abrigo and Vertical IQ can take advantage of this integration by contacting their respective account manager. About Vertical IQ Headquartered in Raleigh, N.C., Vertical IQ is a nationally recognized leader in Industry Intelligence. Whether they’re pitching a local brewery or a national biotech company, successful sales, marketing and customer success teams use Vertical IQ to better understand a prospect’s or client’s business challenges before, during and after meetings. Covering more than 97% of the economic revenue in the U.S. and Canada through more than 920 Industry Profiles and 3,400 local economic reports, Vertical IQ equips users with the confidence and credibility to make memorable first impressions and sustain enduring relationships. About Abrigo Abrigo enables U.S. financial institutions to support their communities through technology that fights financial crime, grows loans and deposits, and optimizes risk. Abrigo’s platform centralizes the institution’s data, creates a digital user experience, ensures compliance, and delivers efficiency for scale and profitable growth. Get started at abrigo.com. Follow Abrigo on social media using @WeAreAbrigo. Contact Details Julie Gilbert +1 919-787-4600 jgilbert@verticaliq.com Company Website https://verticaliq.com/

July 25, 2023 08:00 AM Eastern Daylight Time

Article thumbnail News Release

Quantum Blockchain Technologies hard at work after filing new patent application

Quantum Blockchain Technologies PLC

Quantum Blockchain Technologies PLC (AIM:QBT) chairman and CEO Francesco Gardin speaks to Thomas Warner from Proactive after announcing the filing of a new patent application in the UK. Gardin explains that the innovation involves the application of AI techniques to predict blockchain behaviour, allowing them to pre-compute a block before its actual computation takes place. With blockchain consisting of chains of blocks validating transactions, this advancement would enable the pre-computation of valuable data prior to the miners' race to close the block every 10 minutes. Gardin explained that this development could remove logical gates in a chip devoted to computation, potentially saving up to 8% of the circuits on the ASIC chip and reducing energy consumption. He suggests that the company is continuing to leverage its accumulated knowledge to develop products and are in talks with North American partners. He also emphasises the expertise of their research team, particularly in the Sha 256 algorithm, putting them ahead in the field. Contact Details Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com

July 25, 2023 07:42 AM Eastern Daylight Time

Video
Article thumbnail News Release

Borroe ($ROE) Will Raise Its Price 25% in the Next Presale Stage; Here’s Why That Matters

Blockchain Digest

Alternative financing is an ever-growing industry that will become more prominent as we move into the digital age of Web3. Methods like crowdfunding, invoice trading, and revenue-based financing disintermediate, allowing funders to connect with fundraisers directly, reducing costs and improving efficiency. Borroe ($ROE) has designed and perfected this solution using artificial and blockchain technology. The platform is in Stage 1 of its presale, with more and more investors joining in anticipation of the next phase. >>BUY $ROE TOKENS NOW<< Borroe ($ROE) Empowers Web3 Growth With The Funding It Needs Borroe ($ROE) merges alternative financing with blockchain and artificial technology to offer a unique opportunity for Web3 contributors to get funding fast and easily without the red tape. Here, applicants participate in an innovative Polygon-based crowdfunding marketplace using their future recurring earnings from retainers, subscriptions, management fees, royalties, and invoices for upfront cash. The AI in Borroe ($ROE) screens those seeking funding to create a risk profile and the maximum cash advance. Blockchain technology kicks in to 'mint' an NFT for the revenue, which is listed on a marketplace for interested buyers to fund. As the blockchain records everything, it offers better transparency and security, reducing the potential for fraud. Borroe's ($ROE) revenue model is similar to an exchange, charging a transaction fee for sellers and buyers. Sellers receive a credit line at a reasonable cost, interest-free, while buyers earn a small fraction of their due profit. >>BUY $ROE TOKENS NOW<< The Ecosystem of Borroe ($ROE) Borroe's ($ROE) ecosystem consists of sellers and buyers. The sellers are individuals and businesses in Web3 looking for funding. These include (but are not limited to): Social media influencers Podcasters Video creators Writers Musicians Gaming platforms Decentralized finance (DeFi) platforms NFT marketplaces Decentralized storage networks Royalty distribution platforms On the other side are the buyers in Borroe's ($ROE) community looking for consistent returns from recurring revenue businesses. The vision is for this audience to admire the services provided by the sellers. This means they can fuel their businesses (while being compensated), equaling further growth in Web3. And then, in between the sellers and buyers is the marketplace designed to be autonomous, processing financing requests and funds in real-time. >>BUY $ROE TOKENS NOW<< What is the $ROE token? The gateway to unlocking more benefits with Borroe is the $ROE governance token. Here are the added perks it offers to holders: Voting power (with rewards) Priority notifications of new sales and recurring funding requests Discounted fees Advanced analytics Priority customer support Rewards and incentives (invoice buying, selling, and repayment rewards) Recognition and awards Another advantage of $ROE is its deflationary tokenomics. Aside from having a limited 1 billion supply, a 3% buy/sell tax applies for each transaction. This means the supply is slowly reduced, which matters in improving the token's scarcity and value appreciation. $0.0125 is the next target for Borroe ($ROE), as this is the new price in the Stage 2 presale. Fortunately, early adopters getting involved can buy at $0.010 and realize the 25% gain to $0.0125. After the presale, the projected new value is $0.040, equating to a 4x gain for those investing at $0.010. Thus, Borroe ($ROE) should be on your radar as it promises much upside. Learn more about the Borroe presale here: Buy Presale: https://borroe.finance/ Telegram: https://t.me/borroe_finance Contact Details Borroe Finance marketing@borroe.finance Company Website http://borroe.finance

July 24, 2023 12:35 PM Eastern Daylight Time

Article thumbnail News Release

Select Sector SPDR ETFs Can Provide Added Index Portfolio Precision

Select Sector SPDR

Index investing is renowned for its simplicity and transparency, yet achieving targeted market segment exposure can prove complex. That's where the Select Sector SPDR ETFs come into play. This suite of 11 sector ETFs provides a potential solution, offering flexibility, diversification, and added precision to your portfolio. Unique in their approach, Sector SPDR ETFs are the only ETFs that carve the S&P 500 into 11 investable pieces which conveniently, efficiently and affordably provide sector exposure while giving you the ability to customize the S&P 500 to meet a specific investment objective. The Select Sector SPDR ETFs can simplify sector investing, offering advisors and investors an easy way to access market segments. The funds also come with an investor-friendly expense ratio of 0.10%*. The Sector SPDR ETFs are**: Communication Services Select Sector SPDR (XLC), over $13B in assets under management (AUM) Consumer Discretionary Select Sector SPDR (XLY), over $17B in AUM Consumer Staples Select Sector SPDR (XLP), over $17B in AUM Energy Select Sector SPDR (XLE), over $33B in AUM Financials Select Sector SPDR (XLF) over $32B in AUM Health Care Select Sector SPDR (XLV) over $41B in AUM Industrials Select Sector SPDR (XLI), over $14B in AUM Materials Select Sector SPDR (XLB), over $5B in AUM Real Estate Select Sector SPDR (XLRE), over $4B in AUM Technology Select Sector SPDR (XLK), over $49B in AUM Utilities Select Sector SPDR (XLU), over $15B in AUM. Another Level of Index Investing Index-based sector investing takes the concept of investing in the broad market to a finer level, allowing advisors and investors to employ sectors in a strategic or tactical approach, or as long-term portfolio sleeves. By investing in a single Sector SPDR ETF, you can gain exposure to a diversified portfolio of sector specific stocks. This can help reduce the risk of investing in individual stocks. The holdings of these ETFs are disclosed on a daily basis, which allows investors to know exactly what they are investing in. Unlike mutual funds, SPDR ETFs can be bought and sold on NYSE Arca throughout the day, which provides investors with the ability to enter and exit positions quickly. Bottom Line Investing in Sector SPDR ETFs can offer several benefits, but it is important to understand the potential risks as well. As always, investors should do their research and consider their investment goals, risk tolerance and time horizon before investing. DISCLAIMER: This is a work of research and should not be taken as investment or financial advice. Therefore, Select Sector SPDRs or the publisher is not liable for any decision made based on the publication. About the Company: Select Sector SPDR ETFs offer flexibility and customization opportunities. Many investors have similar outlooks, but no two are exactly alike. Select Sector SPDR ETFs let investors select the sectors that best meet their investment goals. * Ordinary brokerage fees apply * Assets as of 6/30/23 subject to change DISCLOSURES The S&P 500 Index is an unmanaged index of 500 common stocks that is generally considered representative of the U.S. stock market. The index is heavily weighted toward stocks with large market capitalizations and represents approximately two-thirds of the total market value of all domestic common stocks. The S&P 500 Index figures do not reflect any fees, expenses or taxes. An investor should consider investment objectives, risks, fees and expenses before investing. One may not invest directly in an index. Transparent ETFs provide daily disclosure of portfolio holdings and weightings All ETFs are subject to risk, including loss of principal. Sector ETF products are also subject to sector risk and nondiversification risk, which generally will result in greater price fluctuations than the overall market. Diversification does not eliminate risk. An investor should consider investment objectives, risks, charges and expenses carefully before investing. To obtain a prospectus, which contains this and other information, call 1-866-SECTOR-ETF (732-8673) or visit www.sectorspdrs.com. Read the prospectus carefully before investing. ALPS Portfolio Solutions Distributor, Inc., a registered broker-dealer, is distributor for the Select Sector SPDR Trust. Media Contact: Company: Select Sector SPDRs Contact: Dan Dolan* Address: 1290 Broadway, Suite 1000, Denver, CO 80203 Country: United States Email: dan.dolan@sectorspdrs.com Website: https://www.sectorspdrs.com/ *Dan Dolan is a Registered Representative of ALPS Portfolio Solutions Distributor, Inc. ALPS Portfolio Solutions Distributor, Inc., a registered broker-dealer, is the distributor for the Select Sector SPDR Trust. SEL006740 EXP 9/30/23 Contact Details Dan Dolan dan.dolan@sectorspdrs.com Company Website https://www.sectorspdrs.com/

July 24, 2023 05:00 AM Eastern Daylight Time

Article thumbnail News Release

Plurilock Security announces new product PromptGuard to deal with rise of AI in the workplace

Plurilock Security Inc.

Plurilock Security CEO Ian L. Paterson joined Steve Darling from Proactive to announce the unveiling of its new product, PromptGuard. Currently in beta, PromptGuard is an AI safety SaaS (Software-as-a-Service) platform designed for business and government customers. It will be offered as part of the Plurilock AI platform, showcasing the company's commitment to generative AI safety. Paterson explained that PromptGuard was developed utilizing Plurilock's new CASB (Cloud Access Security Broker) technology for AI. The platform has been the subject of a US provisional patent filing on July 18th. PromptGuard is an AI-driven cloud access security broker that ensures the protection of sensitive data while supporting employee use of AI systems. It provides robust AI guardrails without impeding the use of AI. The platform combines mature data loss prevention technology with new, patent-pending Plurilock AI platform technology. This unique combination enables users to interact with generative AI without exposing sensitive data through user-generated AI prompts. With PromptGuard, Plurilock Security addresses the growing need for secure AI usage within organizations. By safeguarding sensitive data and facilitating the responsible use of generative AI, PromptGuard empowers businesses and government entities to leverage AI technology while maintaining data privacy and security. Plurilock Security continues to push the boundaries of AI safety, and PromptGuard represents their dedication to providing innovative solutions for their customers in the evolving landscape of AI and data protection. Contact Details Proactive Investors +1 347-449-0879 action@proactiveinvestors.com Company Website https://www.proactiveinvestors.ca/

July 21, 2023 12:37 PM Eastern Daylight Time

Video
Article thumbnail News Release

NVIDIA Inception Chooses BioSig AI For Innovation In Healthcare AI, An Industry That Is Projected To Reach $272.9 Billion By 2030

Benzinga

By Faith Ashmore, Benzinga BioSig Technologies, Inc. (NASDAQ: BSGM) is a groundbreaking medical technology company that specializes in providing precision and accuracy in visualizing intracardiac signals. Recently, their subsidiary, BioSig AI Sciences, Inc. (BAIS), was chosen to join NVIDIA Inception. This prestigious program is designed to partner with companies that are revolutionizing industries through advancements in AI and data sciences. By being a part of NVIDIA Inception, BioSig AI Sciences gains access to valuable resources during critical stages of product development, prototyping and deployment. This includes engineering guidance, technical training, hardware and software support, co-marketing opportunities and exposure to the NVIDIA investment community. Leveraging NVIDIA's (NASDAQ: NVDA) vast array of tools and frameworks, BioSig AI Sciences aims to advance the research and development of its AI medical device platform for the healthcare industry. Ken Londoner, Chairman, CEO and Founder of BioSig, expressed excitement in joining this exclusive group of AI-centric technology companies, sharing “We are thrilled to join an elite group of AI-centric technology companies leading the evolution of machine learning and artificial intelligence across industries. NVIDIA Inception will help advance BioSig’s role in identifying transformational applications of artificial intelligence opportunities in healthcare.” BioSig AI Sciences is currently training its AI platform using electrocardiogram (ECG) and intracardiac electrogram (IECG) data from BioSig's patented PURE EP™ Platform. BioSig reports that this platform has been utilized in over 3,500 procedures and has been featured in peer-reviewed clinical research. By incorporating various data modalities including time series, text, image, video, and other clinically relevant signals, BioSig AI Sciences aims to assist healthcare systems in developing and deploying a comprehensive AI model that can understand structured, semi-structured and unstructured medical data. BioSig’s platform is aligned with the growth of artificial intelligence in the healthcare industry. In 2022, the market for AI in healthcare was valued at around $9.6 billion. However, experts predict that this market will experience a remarkable surge and it is projected to reach $272.9 billion by the year 2030. This growth is expected to occur at an impressive compound annual growth rate (CAGR) of 51.9% during the forecast period. BioSig Technologies seems well-positioned to help revolutionize the treatment of cardiovascular arrhythmias. By working closely with renowned physicians, experts and healthcare leaders in the field of electrophysiology (EP), BioSig Technologies is dedicated to tackling some of the most crucial challenges in healthcare, which include saving time, reducing costs and ultimately saving lives. Its latest partnership with NVIDIA seems indicative of the company’s focus on growth. This post contains sponsored content. This content is for informational purposes only and not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

July 21, 2023 09:25 AM Eastern Daylight Time

Article thumbnail News Release

Introduction To Borroe Finance ($ROE): Empowering Web3 Businesses and Content Creators with Instant Funding

Blockchain Digest

In the rapidly evolving world of Web3, traditional financing methods often fall short when it comes to meeting the unique needs of content creators and businesses operating in this new digital landscape. The traditional invoice or recurring revenue financing platforms are slow, inefficient, and fail to provide the necessary market-fit solutions. However, there is a groundbreaking solution that aims to bridge this gap and revolutionize the way Web3 participants access funding – Borroe Finance ($ROE). Solving The Problem Of Cash Flow Web3 businesses, including NFT artists, writers, musicians, and digital creators, face cash flow challenges due to the nature of their work. Their income streams can be irregular, and they often encounter delays in receiving payments from clients or platforms. Borroe Finance recognizes these challenges and offers an innovative AI-powered funding marketplace designed to generate instant cash flow for content creators and Web3 participants. At its core, Borroe Finance aligns with the principles of Web3, which emphasize equitable value sharing among creators and users. The platform empowers businesses by allowing them to sell future earnings from sources like subscriptions, royalties, and invoices to supportive communities. Through the minting of NFTs representing their future or outstanding invoices, businesses can raise funds by selling them at a discounted price in the Borroe marketplace. One of the key advantages of Borroe Finance is its integration of AI risk assessment, blockchain technology, and efficient payment solutions. This combination ensures a secure and straightforward fundraising process for businesses and content creators. Additionally, the platform fosters a peer-to-peer ecosystem where buyers can easily trade discounted invoice NFTs on secondary markets, promoting liquidity and providing access to a wider range of market participants. Visit Borroe Finance Website Borroe Finance Offers Novel Features Using NFT Technology Borroe Finance offers several key features that make it stand out in the Web3 funding space. First and foremost, it is the world's first Web3 blockchain invoice discounting NFT marketplace, revolutionizing how businesses access funding. Whether they need capital to buy stock, upgrade equipment, invest in marketing, or cover other immediate business needs, Borroe Finance provides instant funding. The platform also boasts a simple fee structure and full cost transparency, ensuring businesses have a clear understanding of the costs involved. Moreover, Borroe Finance introduces NFTs, enabling more market participants to invest in invoices. Buyers have the option to filter invoices based on AI credit ratings, business financial track records, industry, ESG metrics, and more, enabling them to make informed investment decisions. To enhance usability, Borroe Finance offers on- and off-ramp crypto and fiat payment solutions. This means that users can easily convert their cryptocurrencies into traditional fiat currencies or vice versa, providing flexibility and convenience. The platform also incorporates privacy and anonymity features, ensuring the confidentiality of transactions. In terms of security and compliance, Borroe Finance is committed to implementing audit and KYC procedures, further enhancing trust and transparency within the marketplace. By prioritizing security and regulatory compliance, Borroe Finance aims to build a sustainable and reputable platform for all users. Visit Borroe Finance Website Don’t Miss Out On Borroe Finance Presale Investing in Borroe Finance ($ROE) offers numerous benefits. The platform's deflationary token model, coupled with low transaction fees and high scalability, presents an attractive investment opportunity. Moreover, Borroe Finance mitigates risk by incorporating AI risk assessment and providing buyers with access to credit ratings and business financial track records. The funds raised through Borroe Finance's token sale will support the development and launch of the AI-powered funding marketplace. Additionally, the funding will contribute to ongoing marketing and business development efforts, personnel costs, technology development, legal and regulatory expenses, and partnerships. To participate in the $ROE token sale, the platform utilizes Connect Wallet technology, ensuring a seamless and secure registration process for customers. Purchases can be made using various payment methods, including credit or debit cards, ETH, BNB (BEP-20), USDT, USDC, and over 100 other major cryptocurrencies. Visit $ROE Presale In conclusion, Borroe Finance ($ROE) represents a groundbreaking solution for content creators and Web3 businesses seeking instant funding. By leveraging AI, blockchain technology, and efficient payment solutions, Borroe Finance revolutionizes the way businesses access capital while aligning with the principles of Web3. With its innovative features, low-risk investment model, and commitment to user empowerment, Borroe Finance is positioned as one of the top crypto coins to consider for long-term investment. Contact Details Borroe Finance marketing@borroe.finance Company Website https://borroe.finance/

July 21, 2023 08:00 AM Eastern Daylight Time

Article thumbnail News Release

Comcast Invests $400,000 in Tacoma Digital Equity Network to Advance Economic Opportunity Through Digital Skill Building and Tech Training

Comcast Washington

Comcast today announced a new $400,000 investment in four Tacoma-based organizations to form a digital equity network* in the South Sound Region, aimed at advancing digital and economic opportunity for local students, families, and small business owners. Furthering the company’s deep and longstanding commitment to advancing equity and opportunity, the donations to Boys & Girls Clubs of the South Puget Sound, Goodwill of the Olympics & Rainier Region, TeamWrk, and the Thrive Tacoma Business Fund will support digital access and adoption through tech training and career building. Announced today at the Boys & Girls Club Schatz Branch in Tacoma, the public-private partnership advances Tacoma Mayor Victoria Woodards’ goal as National League of Cities president to bring together people and partnerships to create unlimited possibilities for cities across America. This innovative partnership advances digital equity, creates a more prepared workforce, and provides critical resources to local communities and residents to develop skills they need to succeed in a more digital world. Today’s investment adds to the one made by Comcast last September when it awarded $300,000 to the same four organizations. Comcast selected the recipient organizations based on their shared commitment to digital equity and programs specifically designed to provide residents in the South Puget Sound region with internet access and skill-building services. “Digital equity is a fundamental right, and local communities with equitable access to the internet are simply better positioned to fully engage in today’s world,” said Woodards. “It is essential for education and employment, business development, healthcare, government services, and community involvement. I am grateful to our private sector partners at Comcast for their ongoing commitment to this critical work.” “There’s no question the world is becoming more and more digital every day, but some people need our help learning the skills they need to get online,” said Broderick Johnson, EVP, Public Policy, and EVP, Digital Equity, Comcast Corporation. “Comcast is grateful to continue to partner with Mayor Woodards, the Boys & Girls Clubs of the South Puget Sound, Goodwill of the Olympics & Rainier Region, TeamWrk, and the Thrive Tacoma Business Fund who all share the same commitment to advancing digital equity for all residents across the region.” Comcast’s contributions are part of Project UP, a $1 billion commitment to help advance digital equity and build a future of Unlimited Possibilities. Comcast’s contribution to the four partner organizations will help increase college and career readiness, especially among underserved youth; connect workers to opportunities; provide upskilling for adult learners and those already in the workforce; and close the skills – particularly digital skills – gap. Comcast is proud to participate in the Federal Government’s Affordable Connectivity Program (ACP), which provides eligible families with a $30/month voucher ($75/month in Tribal areas) to pay for Internet service. When combined with Comcast’s Internet Essentials or Internet Essentials+ service tiers, it makes home broadband effectively free. Here is how each recipient organization will use the funds to advance digital equity and support South Sound communities in 2023: Boys & Girls Clubs of the South Puget Sound Boys & Girls Clubs of South Puget Sound (BGCSPS) received $130,000 in cash and in-kind services. A cash contribution and donated laptops are for a new enhanced Lift Zone at the Boys & Girls Clubs Schatz Branch. The Lift Zone includes a new computer lab that makes internet connectivity and technology. to help kids aged 6 to 18 with tutoring, homework support, and technology access. The new technology equipment includes a Dremel DigiLab 3D Printer; Vevor Vinyl Cutting Plotter; 30 Dell Latitude Laptop stations with large monitors; two high-powered computer stations for advanced graphic design, music production, and programming, and 17 STEAM education kits. An additional 30 laptops were contributed to digital literacy programs at the Bremerton Branch. BGCSPS provides youth with safe spaces, caring mentors, and life-enhancing programs tailored to help them reach their full potential. Goodwill of the Olympics & Rainier Region Goodwill of the Olympics & Rainier Region will receive $85,000 to drive attendance at the organization’s Work Opportunity Centers (WOC) that provide community members with access to digital skills training, devices, subsidized internet access from the Affordable Connectivity Program (ACP), and additional digital navigation resources. Comcast’s grant will also increase access to digital technology and skills training for people through its Power Up initiative and help ensure that the Goodwill’s free job-training program equips Western Washington residents with the most relevant and timely digital skills that are required for nearly all jobs in our economy. TeamWrk TeamWrk is e-gaming innovator Marcel Cunningham's foundation, which challenges youth to level up to their full potential. His vision is to equip and empower everyone to elevate their game. Comcast’s $20,000 cash contribution and $21,000 in donated laptops will facilitate live streaming from the TeamWrk center and help to expand the foundation's reach to more youth in the City of Tacoma. Computers donated by Comcast will be distributed to teens participating in TeamWrk digital literacy education, which teaches them how to use Teams, Zoom, and PowerPoint; create and edit podcasts, graphics, and video content; and learn other digital skills supporting their school and career. Thrive Tacoma Business Fund Led by the Tacoma-Pierce County Chamber, the mission of the Thrive Tacoma Business Fund is to provide direct financial support for small businesses owned by people of color, many of which are struggling with rising expenses and inflation. Comcast’s $150,000 contribution will be used to fund grants that will be awarded based on the business need in amounts of $2,500 to $5,000. Additional financial support will also go to non-profits with digital navigators, trusted community members who provide access and assistance to program participants. Recipients will receive direct finance, digital access, and other technical support specifically curated to their unique business challenges, thereby ensuring greater equitable economic development in Tacoma. *About Comcast’s Digital Equity Network Comcast’s Digital Equity Network is an interconnected group of organizations in the Pacific Northwest that have a connection with each other and work collectively toward a common purpose to increase access and adoption of the internet, help people get online, build digital skills, and open doors to economic mobility. This network: Makes Internet Affordable to income-constrained households through a combination of our Internet Essentials service and the federal Affordable Connectivity Program Increases Awareness and facilitates Adoption through digital literacy classes from community partners and Digital Navigators Expands Internet access by investing millions of dollars to bring our services to unserved areas and opening more than 100 Lift Zones in community centers in the Pacific Northwest Over the last three years, Comcast has provided $11.9 million in financial and in-kind charitable contributions to Washington nonprofits. These contributions support to local community programs to help establish and promote its Digital Equity Network in Washington. Comcast’s Digital Equity Network enables partner organizations to acquire technology equipment, provide digital skills trainings, and offer opportunities for youth and adults to explore and train for careers in tech-related fields, or develop the kinds of technology skills that can help them launch and grow their own business. About Comcast Corporation Comcast Corporation (Nasdaq: CMCSA) is a global media and technology company. From the connectivity and platforms we provide, to the content and experiences we create, our businesses reach hundreds of millions of customers, viewers, and guests worldwide. We deliver world-class broadband, wireless, and video through Xfinity, Comcast Business, and Sky; produce, distribute, and stream leading entertainment, sports, and news through brands including NBC, Telemundo, Universal, Peacock, and Sky; and bring incredible theme parks and attractions to life through Universal Destinations & Experiences. Contact Details Comcast Andy Colley Andy_Colley@Comcast.com Company Website https://washington.comcast.com/

July 20, 2023 02:00 PM Pacific Daylight Time

Article thumbnail News Release

With ToolsGroup’s AI-Powered Planning, Legami Delivers Customer-Centric Service While Driving Business Growth

ToolsGroup

ToolsGroup, a global leader in supply chain and retail planning and optimization software, is thrilled to announce it has been selected by Legami, the Italian consumer goods company, to support its supply chain enhancement initiatives for heightened customer satisfaction and business performance through greater forecast accuracy and more nimble inventory management. Legami provides a wide array of products, including stationery, journals, calendars, greeting cards, personal care items, and travel and technology accessories. Its network encompasses a range of channels, including more than 40 brick-and-mortar boutiques, 17 shop-in-shops, an ecommerce site, and 10,000 authorized sellers and strategic partnerships with retail chains worldwide. Legami is proud to deliver more than 4,000 quality products to customers across 70 countries. To achieve a customer-centric supply chain, Legami searched for a planning solution that could reduce its network-wide inventory while maintaining and increasing service levels and business performance. This led to its selection of ToolsGroup Service Optimizer 99+ (SO99+). This automated, AI-powered solution includes Demand Planning & Forecasting and Inventory Optimization. With built-in probabilistic forecasting, it interprets demand signals for improved forecast accuracy, supporting demand-driven inventory planning and more granular control of stock levels. This minimizes inventory, reducing the environmental impact of production and transportation, and positions stock optimally to support both customer satisfaction and financial KPIs. “In today’s fluctuating market, competitive organizations are the ones achieving the optimal balance of resources that satisfies customer demand while propelling business growth," said ToolsGroup CEO, Inna Kuznetsova. “ToolGroup’s AI-driven dynamic planning delivers the demand-sensitive inventory management that helps companies identify and realize untapped business potential. We’re thrilled to partner with Legami to power better, faster planning decisions that lower working capital investments, widen margins, and guarantee a superior customer experience.” Learn more about how ToolsGroup’s solutions help consumer goods companies – like Melitta– increase forecast accuracy and profitability HERE. About Legami Legami (www.legami.com) is an Italian company active in the consumer goods industry, with a wide and varied offering that covers multiple sectors: Stationery, Diaries and Calendars, Greeting Cards, Lifestyle, Beauty, Hi-Tech, Travel and Accessories. With a strong emphasis on innovation, aesthetics, materials and production processes, the pillars of Legami’s corporate philosophy are passion, ethics, transparency, integrity, and respect for people and the environment. The creative soul and heart of Legami are in Italy, where all the products are designed and where the majority of the company’s 300+ employees work. Legami has a global network presence: more than 40 small boutiques owned in Italy, the eCommerce channel www.legami.com, 17 shops-in-shops, over 400 corners, 10,000 authorized sellers and strategic partnerships with the most important bookshops and chains in the world. About ToolsGroup ToolsGroup’s innovative AI-powered solutions enable retailers, distributors, and manufacturers to navigate through supply chain uncertainty. Our retail and supply chain planning suites empower a new level of intelligent decision making and unlock powerful business improvements in forecast accuracy, service levels, and inventory - delighting customers and achieving financial and ESG KPIs. Stay in touch with ToolsGroup on LinkedIn, Twitter, YouTube, or visit www.toolsgroup.com. Contact Details Meir Kahtan +1 917-864-0800 mkahtan@rcn.com Company Website https://www.toolsgroup.com

July 20, 2023 10:30 AM Eastern Daylight Time

1 ... 256257258259260 ... 655