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Business Education Lifestyle Regulations & Security Technology

Top project management consultant warns against A.I. misuse

Dr. Te Wu has spent the better part of two decades managing projects of all sizes for Fortune 500 companies, the U.S. Government, and cause-driven non-profit organizations. He is renowned for taking even the most dynamic and purpose-driven organizations to greater heights of innovation, growth, efficiency and profitability.

 

He is available for interviews to give his informed take on how A.I. will significantly impact project management, both, for better and worse; and how corporations, nonprofits and the U.S. government can steer clear of its misuse in managing large scale projects.

 

As the project manager for OATS (Older Adult Technology Services) – a division of AARP, Guttmacher Institute – a leading research and policy organization committed to advancing sexual and reproductive health and rights worldwide, the United States Armed Forces, and many household name consumer brands from food to transportation; Wu and his firm PMO Advisory train employee teams, streamline project budgets, improve methodology and production, expedite project timelines and increase profits for high profile organizations.

 

Dr. Wu is the current chairperson of the Project Management Institute’s standards committee, where he is developing the newest standards for portfolio management, to be used worldwide, for the project management industry. He also a Tenured Professor of Project Management Studies at Montclair State University for graduate and undergraduate studies, and a Graduate Program Coordinator for his department.

 

Dr. Wu is hopeful about A.I.’s capabilities to streamline certain project management tasks, but warns that over-reliability on A.I. could have disastrous effects on large scale projects. Citing one example of where A.I. can be helpful, he says, “A project is an investment in the future. One of my clients is a worldwide Midwest manufacturing company with 6,500 employees. Their fan club and merchandising actually brings in almost 25% of their revenue, which is very unique.

 

We created a new office for them called ‘Strategic Projects,’ where we had six people go around the company, counting projects and assessing their costs. They stopped counting at 3,000 different projects. This is an example of where A.I. can help, in theory. A.I. can help you quickly analyze this data and help you make proposals for consolidation to avoid project overlap.”

 

Conversely, says Wu, “Over the next 20 years, we will still need human scrutiny to support A.I. Projects are typically new endeavors, so they might lack the sufficient data to program into an A.I. engine.”

 

He also warns, “If a company relies too much on the A.I. to choose, plan and execute large scale projects, over time they lose the very competence they need in order to analyze and scrutinize the data. The organization no longer has that capability, which is similar to what the outsourcing craze did to organizations in the 1990s and 2000s.”

 

Wu also points out that once we come to rely too heavily on A.I. to make our project management decisions for us, it may reduce our ability to cope with any type of unanticipated change or problem, adding, “A boat can carry people, but it can also sink people. When used responsibly, A.I. can increase insights and productivity, but when used recklessly it can harm a project. Finding that delicate balance will be the challenge.”

Categories
Energy Environment International & World News Now! Technology

Renewable electricity registers record growth, but renewable heat and fuels lag far behind, hindering a shift away from fossil fuels

With a record 30% share, renewable electricity is driving the energy transition. However, renewable-based electricity needs to more than double. Renewable-based heat and fuels need to grow much faster to ensure equitable access and security of supply. 

  • Renewable energy growth is most noticeable in the power sector (electricity generation), whereas critical energy carriers such as renewable heat and renewable-based fuels remain neglected.  
  • Solar photovoltaics (PV) had another record year of growth in 2022, with a 37% increase in additional installed capacity.  
  • Grid-connected wind energy additions fell 17% relative to 2021, due to delays in permitting, disruption in supply chains, and rising material and shipping costs.  
  • China was home to 44% of renewable energy deployment and also represented 55% of total investments in renewables. Renewable investments in Europe reached 11% and in the United States 10%, while Africa and the Middle East received the lowest share by region, at only 1.6%. 

 

 

PARIS – Wide-ranging barriers are preventing renewable energy from contributing effectively to meeting the world’s climate and development goals, according to the Renewables in Energy Supply module, launched on June 12, as part of the annual Renewables 2023 Global Status Report (GSR) collection.

 

These barriers include a lack of attention to all energy carriers, a failure to diversify renewable energy technologies beyond wind and solar power, deficiencies in policies, bottlenecks in permitting and grid connections, unequal investment levels in different regions, and continued large investments in fossil fuels.

 

The Renewables in Energy Supply module covers the way final energy is distributed among heat, fuel and electricity, geographies and technologies (bioenergy, geothermal power and heat, heat pumps, hydrogen, hydropower, solar PV, concentrated solar power (CSP), solar thermal heat, ocean power and wind power). Renewables in Energy Supplyfollows the release of the GSR 2023 Demand Modules, which explored renewable energy use in the key energy-consuming sectors of buildings, industry, transport and agriculture.

 

Energy carriers include electricity and heat as well as solid, liquid and gaseous fuels. Currently, the global energy supply is split mostly among heat (49%) and fuel (29%), with electricity having the lowest share (22%). In 2022, the share of renewables in the power sector reached 30%, mainly because the sector has received long-term policy attention that enabled market and technology development and drove down costs. Across all sectors, renewables cover only 12.7% of the total energy system, a relatively low share in the larger scheme of things.

 

“The record growth of renewables in the electricity sector is positive news. However, we need to more than double this growth and to achieve deep electrification of the heat and transport sectors. We also need to invest heavily in grid infrastructure to address climate change and to provide access to over 700 million people living without electricity, mainly in Africa and Asia,” said REN21 Executive Director Rana Adib.

 

Meanwhile, the other energy carriers – fuels and heat, which provide most of the world’s energy – have only dismal renewable energy shares of 3.6% and 9.2% respectively. This indicates that efforts are narrowly focused on transitioning the power supply. This limited focus is ultimately slowing the shift to a renewables-based system, delaying efforts to reach the Sustainable Development Goals and maintaining the status quo of energy insecurity.

 

Greater attention must be paid to renewable heat and renewable-based fuels and to the diversification of renewable energy technologies. While electricity is expected to play an increasingly important role in the global energy supply, the International Energy Agency (IEA) net-zero scenario and the International Renewable Energy Agency (IRENA) 1.5 degree Celsius scenario indicate that electricity will supply only half of the world’s total final energy in 2050.

 

“This clearly means that we cannot continue to neglect the other carriers – renewable heat and fuels – if we are serious about cutting emissions and addressing the climate, energy and poverty crises. It took time, investment and policy attention to expand to 30% renewable power. We now need to award heat and fuels similar policy attention to achieve the critical shift we need,” said Adib.

 

Efforts in renewable electricity need to be accelerated as well. Despite the strong focus on the power sector, the ongoing failure to build and extend electrical grids and to speed permitting processes are creating bottlenecks that are slowing the shift to a renewable-based power system. More than 1 terawatt of renewable energy projects are still waiting to be constructed and connected to the grid globally due to delays in permitting and lack of investment in grid infrastructure. The status of Energy Systems and Infrastructure will be addressed in an upcoming module to be released as part of the GSR 2023 collection.

 

“Even in the power sector, we are still not taking a systemic approach that builds renewable energy as a healthy economic sector and industry by investing in manufacturing capacities, and skilling people. We focus on a few technologies like solar PV and wind and their generation capacity, neglecting distribution and connection to grids,” said Adib. “Electricity generation from renewables means attention to infrastructure. It´s like you manufacture cars and wait for roads. When we built cars, we did it with confidence that roads will accompany the process. The same thought and action process must apply to renewables.”

 

Momentum has been building for the creation of a worldwide target for renewable energy in the power sector, to be announced at the United Nations Climate Conference (COP 28) in Dubai in November. Recently, leaders of the G7 countries made a historic pledge to collectively increase the world’s offshore wind power capacity by 150 gigawatts and its solar capacity to more than 1 terawatt by 2030.

 

“These announcements are welcome signals for both countries and renewable energy markets; however, science and experience tell us that to be effective, these targets need to be urgently translated into concrete actions that will speed the energy transition in all countries – including through national policies, technology development and sharing, equitable investments in all regions, fossil fuel phase-outs, and the removal of barriers and bottlenecks”, said Adib.

 

The limited approach to the carriers has also been mirrored in the technologies and geographies. Solar and wind power currently dominate the annual additions of renewable power – together contributing 92% – with only 8% coming from other renewables such as hydropower, geothermal, bioenergy, CSP and ocean power.

 

“The energy crisis, which resulted from the Russian Federation invasion of Ukraine, has shown the importance of security of supply. To shield us from new crises, policy makers must immediately ramp up efforts in all renewable energy technologies, including hydropower, geothermal, ocean, CSP and bioenergy. If we don´t quickly evolve these alongside solar PV and wind, we will still need to depend on coal, oil and gas, and nuclear for our energy supply well into the future,” said Adib.

 

Geographically, China led the world in renewable energy investments in 2022, with 55% of the global total energy, followed by Europe with 11% and the United States with 10%. Africa and the Middle East together received the lowest share of renewable investments, at only 1.6%. Most of the worldwide deployment in renewables was in China, which accounted for 44% of all solar capacity additions and 38% of all wind capacity additions, pointing to the high geographic concentration of renewable energy additions.

 

“Within Africa, a continent blessed with an abundance of renewable energy, a silent storm rages on – the prolonged energy crisis, an ignoble plight that the world regrettably chooses to disregard. It is our moral imperative to accelerate the deployment of a sufficient quantity of renewable energy and to ensure that this transition uplifts the most vulnerable, improving livelihoods and fostering sustainable development that reaches far beyond economic gains,” said Joel Nana from Sustainable Energy Africa.

 

Financial flows are still not shifting fast enough towards renewables and away from fossil fuels. Of the USD 640 billion in global power investments in 2022, 26% still went to fossil fuels and nuclear power, even though renewable electricity is the least-cost option. This means that we continue to lock in more emissions in the atmosphere by investing in fossil fuel technologies that will soon become obsolete – depriving people and the planet of the sustainability, development, health and jobs benefits of the energy transition.

 

“Renewable energy is now recognised as the necessary backbone for all energy systems. However, it also needs to be developed as an economic sector, with clear and strategic focus on building a profitable industry. Investment in manufacturing and skilled labour are now crucial to deliver a secure, sustainable and thriving sector,” said Chief Executive Officer of the Global Renewables Alliance Bruce Douglas.

 

About REN21 and the GSR 2023 Collection

REN21 is the only global community of renewable energy actors from science, academia, governments, non-governmental organisations and industry across all renewable energy sectors. Our community is at the heart of our data and reporting activities. All of our knowledge activities, including the GSR 2023 Demand Modules, follow a unique reporting process that has allowed REN21 to be globally recognised as a neutral data and knowledge broker.

 

Since its first release in 2005, REN21 has worked with thousands of contributors to put the spotlight on ongoing developments and emerging trends that shape the future of renewable energy. Producing this report each year is a collaborative effort of hundreds of experts and volunteers contributing data, reviewing chapters and co-authoring the report.

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Business Economics Technology

Zoetis to host webcast and conference call on second quarter 2023 financial results

PARSIPPANY, N.J. — (BUSINESS WIRE) — $ZTS #animalhealthZoetis Inc. (NYSE:ZTS) will host a webcast and conference call at 8:30 a.m. (ET) on Tuesday, Aug. 8, 2023. Chief Executive Officer Kristin Peck and Executive Vice President and Chief Financial Officer Wetteny Joseph will review second quarter 2023 financial results and respond to questions from financial analysts during the call.

 

Investors and the public may access the live webcast by visiting the Zoetis website at http://investor.zoetis.com/events-presentations. Information on accessing and pre-registering for the webcast is available beginning today. A replay of the webcast will be made available on Aug. 8, 2023.

 

About Zoetis

As the world’s leading animal health company, Zoetis is driven by a singular purpose: to nurture our world and humankind by advancing care for animals. After innovating ways to predict, prevent, detect, and treat animal illness for more than 70 years, Zoetis continues to stand by those raising and caring for animals worldwide – from veterinarians and pet owners to livestock farmers and ranchers. The company’s leading portfolio and pipeline of medicines, vaccines, diagnostics and technologies make a difference in over 100 countries. A Fortune 500 company, Zoetis generated revenue of $8.1 billion in 2022 with approximately 13,800 employees. For more information, visit www.zoetis.com.

ZTS-COR

ZTS-IR

Contacts

Media Contacts:

Bill Price

1-973-443-2742 (o)

william.price@zoetis.com

Kristen Seely

1-973-443-2777 (o)

kristen.seely@zoetis.com

Investor Contacts:

Steve Frank

1-973-822-7141 (o)

steve.frank@zoetis.com

Nick Soonthornchai

1-973-443-2792

nick.soonthornchai@zoetis.com

Categories
Education International & World Technology

Teachers Lead Tech named winner in Learning and Education category at World Summit Awards, eyes US expansion

Teachers Lead Tech, a computer science teaching platform, won the Learning and Education category at the World Summit Awards. The platform aims to provide computer science skills to all children and is now expanding into the United States with the goal of reaching 20 million students worldwide by 2025.

 

On June 3, the winners of the World Summit Awards (WSA) global digital project competition were announced at an international ceremony in Puebla, Mexico.

 

Teachers Lead Tech, a computer science teaching platform for K-8 educators, was recognized as the winner in the Learning and Education category. Previously, the platform also won the WSA Young Innovator 2022 Award.

 

Teachers Lead Tech aims for every child to grow up with fundamental computer science skills, regardless of gender, location and socio-economic background. Entirely female-founded, the platform allows teachers to deliver a creative learning experience and effectively teach technology skills to every student by providing them with the appropriate tools, resources, and a supportive community.

 

Helping pupils discover the joy of computer science

In the initial 18 months following its launch, Teachers Lead Tech successfully onboarded 60% of K-5 teachers in its home market, Lithuania, making a direct impact on over 100,000 girls and boys.

 

“We were delighted by the enthusiastic response of teachers, who were in need of effective solutions that could let kids experience the thrill of creating with technologies,” said Monika Katkutė, Founder and CEO of the platform. “We have recently opened and adapted our solution to K-8 teachers as well.”

 

The platform — managed by a team with over 8 years of experience in implementing large-scale education projects — benefits K–8 teachers by offering them innovative and comprehensive computer science curricula, and a digital learning assistant to free up their time, reduce their mental load in the classroom and encourage students’ self-directed learning and creativity. The platform also offers professional development workshops for teachers to build their competences in a supportive environment.

 

The education tool has attracted attention for its distinctive features. Firstly, it integrates computer science into a wide range of subjects using a “Understand. Practice. Create” pedagogical approach, leading learners from understanding the fundamentals to creating their unique projects. Secondly, it provides a time-saving digital learning assistant that encourages students’ creativity and saves teachers’ time. Lastly, the platform offers comprehensive support for teachers, ensuring they have the necessary resources and assistance to deliver a holistic learning experience.

 

Teachers Lead Tech have also forged partnerships with top digital firms, such as Google, Mailerlite, and Vinted, who operate as social investors, to ensure sustainable development and a long-term impact model. In order to further demonstrate its dedication to long-term impact, the platform has also signed multi-year partnerships with significant city governments in Lithuania and the Ministry of Education.

 

A helping hand to U.S.-based teachers

Having established itself in the home market, Teachers Lead Tech is now expanding into the United States. The platform is already recruiting new teachers and forming partnerships with states,  aiming to make a global impact by reaching 20 million students worldwide by 2025.

 

“We are committed to directly and meaningfully improving the lives of K-8 teachers, who account for 58% of teachers in public elementary and secondary schools, 82% of whom are female and wield enormous power in the field of technology and computer science. This group has a significant untapped potential in the worlds of technology and creativity,” explained Ms. Katkutė.

 

Teachers Lead Tech hopes to support teachers by providing them with a comprehensive system that takes care of three crucial aspects: an engaging computer science curriculum that includes coding, 3D modeling, virtual reality (VR), artificial intelligence (AI), and more, a digital classroom learning assistant, and relevant professional development resources, empowering teachers to enhance their skills and confidence in teaching computer science.

 

By extending its reach to the USA and beyond, Teachers Lead Tech seeks to improve education on a global scale and ensure that millions of children have access to quality computer science education.

Categories
Culture Education Healthcare Lifestyle Science Technology

Parenting tips to uphold kids’ mental health in the digital age

There has been much critical discourse about the escalating children’s mental health crisis relative to how benchmarks like stress, anxiety and loneliness are driving depression and other serious psychological conditions amongst youth populations like never before.

 

Of course, children are not the only ones suffering, as parents and caregivers struggle to prevent, address and treat concerns in order to uphold kids’ emotional well-being.  In this process, the adults themselves are suffering in kind—often exacerbating their own mental and emotional struggles amid the copious complexities of modern life. This, of course, has a litany of macro-economic implications.

 

As one case in point, a Morgan Stanley Alliance for Children’s Mental Health research report cited that six in ten of those who are concerned say their children’s mental health has impacted them negatively, with nearly half of those indicating it has affected their productivity at work.

 

The report goes on to reveal that fully 48% of working parents who reported concern said their children’s mental health has impacted their performance at work in some way—including having to deal with disruptions and an inability to concentrate on the job. Some concerned working parents have considered reducing their working hours to support their child(ren) while others have even considered quitting their jobs altogether.

 

Relative to the role Internet use, specifically, plays into the children’s mental health crisis, other reported research from the Child Mind Institute found approximately half of parents polled expressed concern over the impact of internet use on cognitive, social and emotional development.

 

“In today’s digital age, parents are tasked with navigating an ever-evolving technology landscape to address and safeguard their kids’ mental health while also balancing work and parenting—an endeavor that has become a daunting—often seemingly impossible—task that’s ushered in an era of pressure-driven parenting,” says Neuropsychologist, American Mothers New York State.

 

Mother of the Year” award recipient and Brilliant Minds Unite Founder Dr. Jatali Bellanton—author of Kidpreneurs and founder of the Kids Who Bank financial literacy program, deployed in, hundreds of elementary schools across the United States.

 

“It is certainly possible for kids to thrive and deeply benefit from technological advancements. But, parents and caregivers must wholeheartedly commit to not just monitor such usage and activities, but also achieve and sustain healthy boundaries away from screens and buttons—both the kids and the adults. The key is to fill that tech downtime with activities that foster connectivity to, and a reverence for, ‘real world’ experiences.

 

And, when technology is in use, to remain hyper observant and aware ensure it’s not impeding the child’s mental health in any way whether before, during or after. If red flags present, however minor, it’s imperative to address them immediately.”

 

Social media has long been a culprit of compromising kids’ mental health. A new American Psychological Association health advisory on social media use in adolescence offers the following scientific evidence-based recommendations:

 

1. Youth using social media should be encouraged to use functions that create opportunities for social support, online companionship, and emotional intimacy that can promote healthy socialization.

2. Social media use, functionality, and permissions/consenting should be tailored to youths’ developmental capabilities; designs created for adults may not be appropriate for children.

3. In early adolescence (i.e., typically 10–14 years), adult monitoring (i.e., ongoing review, discussion, and coaching around social media content) is advised for most youths’ social media use; autonomy may increase gradually as kids age and if they gain digital literacy skills. However, monitoring should be balanced with youths’ appropriate needs for privacy.

4. To reduce the risks of psychological harm, adolescents’ exposure to content on social media that depicts illegal or psychologically maladaptive behavior, including content that instructs or encourages youth to engage in health-risk behaviors, such as self-harm (e.g., cutting, suicide), harm to others, or those that encourage eating-disordered behavior (e.g., restrictive eating, purging, excessive exercise) should be minimized, reported, and removed;  moreover, technology should not drive users to this content.

5. To minimize psychological harm, adolescents’ exposure to “cyberhate” including online discrimination, prejudice, hate, or cyberbullying especially directed toward a marginalized group (e.g., racial, ethnic, gender, sexual, religious, ability status), or toward an individual because of their identity or allyship with a marginalized group should be minimized.

6. Adolescents should be routinely screened for signs of “problematic social media use” that can impair their ability to engage in daily roles and routines, and may present risk for more serious psychological harms over time.

7. The use of social media should be limited so as to not interfere with adolescents’ sleep and physical activity.

8. Adolescents should limit use of social media for social comparison, particularly around beauty- or appearance-related content.

9. Adolescents’ social media use should be preceded by training in social media literacy to ensure that users have developed psychologically-informed competencies and skills that will maximize the chances for balanced, safe, and meaningful social media use.

10. Substantial resources should be provided for continued scientific examination of the positive and negative effects of social media on adolescent development.

 

 

Dr. Bellanton, also a technology futurist and leading Metaverse influencer, has some additional valuable insights into how parents can navigate this tricky, ever-changing terrain—especially for younger elementary-age children.

 

1. Ditch rigid schedules. While it’s essential to have some structure in your child’s daily routine, it’s equally important to provide flexibility. Instead of imposing a strict, timed schedule on your child’s educational or other activities, Dr. Bellanton recommends creating a more relaxed and flexible approach that fits around the parents’ work schedule.

2. Create safe folders for YouTube videos and shows that your child is allowed to watch. With the abundance of inappropriate content available on the internet, it can be challenging to monitor what your child is watching. However, by creating special YouTube folders and streaming media playlists on Netflix and the like, parents can control the content their children consume and avoid unnecessary worry.

3.  Introduce your children to hobbies that require the use of different parts of the brain. Whether it’s sculpting, painting, or physical activities that teach children how to utilize new tools, engaging in a hobby at least once every other day can help children develop new skills and foster creativity.

4. Create a star chart system is another effective way to incentivize and reward children for doing things that do not involve digital devices. For instance, parents can reward their children for cleaning, reading, or playing outside, instead of spending time on screens.

5. Parents can also take advantage of the metaverse by teaching their children how to build and make money through playing video games. Children can be introduced to games that allow them to learn how to make money and build skills while playing.

7. Have conversations with children about online predators and to teach them to be cautious when playing games like Roblox. Parents should also pay attention to the music played in games, as some songs may contain inappropriate lyrics.

8. Put timers on devices to limit screen time. Parents can set a specific amount of time for their children to watch videos or play games on their devices, ensuring they have a healthy balance of screen time and other activities.

Parenting in the digital age is a challenge that requires a multifaceted and highly concerted approach with tactical strategies that must be employed with intention and upheld with consistency. Doing so will allow families to embrace the litany of benefits the digital age affords and use them to derive emotional and lifestyle advantages versus impairments.

 

 

About the expert

After 9.5 years in investment banking, and 4.5 years in forensic accounting, Jatali decided to leave the corporate world in order to share her years of financial experience to help the young and ambitious gain business knowledge to build successful careers from doing what they love which has formed into 6 years of her teaching youth in various systems worldwide, including in Ghana, Kenya, etc.

 

Among her corporate business accomplishments, Jatali restructured and managed accounting departments towards multi-million-dollar profits and clientele growth while lowering costs. She helped companies survive global shifts towards online business by implementing new software programs to replace outdated communication. As a financial consultant for a medical practice, she increased profit margins by 42% in just one year.

 

In March 2015, Jatali gave birth to her first child, which, little did she know, would lead her to create a youth financial literacy initiative by the name Kids Who Bank. The limited offerings of financial literacy books for children, when in search for her son, inspired her to write a story formatted finance book for youth, and also create a finance curriculum, thus starting her journey of becoming an entrepreneur.

 

In Kids Who Bank, Jatali strives to inspire children to continue following their dreams. She is passionate about combining her business expertise with her desire to give all children a fair chance to succeed in life.

 

Jatali has donated over $40,000 to schools worldwide to help students pay for their education, school supplies, backpacks, and books. She is committed to incorporating financial and business education into school curricula.

 

Also notable, she was awarded the 2019 New York State Mother Of The Year award. Jatali coordinated the “2nd Annual Kidpreneur Awards Gala” on April 7th, 2019, recognizing the entrepreneurial and philanthropic pursuits of bright minds across the nation.

Categories
Healthcare Lifestyle Perks Science Technology

Next evolution of wearables: Med-tech expert brings 1st medical-grade smart ring to market

After spending over 30 years in the medical device industry, John Mastrototaro has set out to change what consumers expect from their wearables.

 

Consumers are looking for more than just an activity or sleep tracker, they are looking for a more accurate wearable that gives them a holistic view of their health.

 

Tapping into his experiences at Medtronic and MiniMed where he was instrumental in introducing the ambulatory continuous glucose monitoring system and the sensor augmented insulin pump, Mastrototaro has flipped the script on traditional wearables, building Movano Health as a medical device company rather than a consumer wellness or fitness device company, to give consumers and medical professionals the data they need and want.

 

The Evie Ring, available this September, is a medical-grade health smart ring measures a comprehensive set of health metrics including heart rate, heart rate variability, SPO2, respiration rate, temperature, steps, activity, calories, sleep, menstrual cycle, and more. The Evie Ring has also met FDA benchmarks for HR & SpO2 accuracy and is preparing to file for FDA clearance.

 

Beyond pursuing FDA clearance, Movano Health is focusing the Evie Ring on those who have been underserved in the wearables market: women. From bulky designs, to inaccuracies, to unintuitive and unhelpful data, current wearables don’t give women what they are looking for, especially as they enter menopause.

Categories
Business Lifestyle Science Technology

Corporate Governance calls out for AI-powered board

Corporate boards are struggling to cope with digital transformation to assess risks such as cybersecurity, and AI-driven software can provide real-time data and improve decision-making, ultimately leading to increased profitability.

 

Digital transformation remains the Achilles Heel for corporate boards:

 

Marion Lewis, Founder and CEO of Govenda, an innovative board management SaaS developer asserts that boards are finding rapid and constant digital transformation difficult, raising fears that they will not be able to pivot in response to needed change, putting the boards and organizations at risk.

 

Govenda recently launched their Artificial Board Intelligence Innovation called ‘Gabii’ to facilitate decision-making through a fast presentation of real-time data to ensure compliance from anywhere in the world, using customers’ data without compromising security:

  • Blockchain technology provides an additional layer of security for board materials.
  • Administrative tasks like creating meetings, managing committee members, and tracking RSVPs will help in reducing the need to perform tedious, repetitive tasks.
  • With faster access to relevant information, board professionals and directors can make more informed decisions.
  • ‘Gabii’ supports voice accessibility, by answering questions to help complete tasks.

 

Boards must evaluate their current software for digital transformation and sustainability.

 

The sustainability of board governance is in jeopardy. The solution is to incorporate AI-driven board portal software into corporate board processes,” says Lewis.

 

Flawed judgment and a lack of proper decision-making often lead to business failures.

Lewis notes that U.S. board members face challenges without AI, including limited real-time information access and the inability to spot patterns in large data sets or automate decision-making.

 

Marion Lewis, Co-Founder and CEO of Govenda can speak on the following:

  • Why must organizations leverage the use of AI in the advancement of digital transformation?
  • How can AI integration in corporate governance ensure that disaster response and contingency planning are effective in the face of digital disruption?
  • Why has AI integration been missing in corporate governance systems till today?
  • What role can AI-driven board portal software play in improving corporate governance practices, decision-making, and managing risks associated with digital transformation?

 

About Govenda

Marion Lewis and Jeanette Thomas, two results-driven entrepreneurs, investors, philanthropists, and business community leaders co-founded Govenda. Govenda is reimagining how board of directors convene to provide intentional, strategic governance ─ by being the bridge between the boardroom and a company’s strategic goals. The board management software accelerates stakeholder governance as a force for good in the world and empowers organizations to create sustainable value by equipping stakeholders with innovative tools that transform practices. It was designed to magnify security and compliance as board tools to handle sensitive and confidential information crucial to compliance and control of proprietary data. Portability of access with enhanced collaboration is no longer a plus – it is essential. GABII, the Govenda product integrating its AI-driven portal tools with Microsoft 365 and enterprise resource planning (ERP) software streamlines workflows and improves efficiency. For more information on the most innovative platform in board governance visit www.Govenda.com

Categories
Business Lifestyle Science Technology

AI sans human touch results in marketing disaster declares a tech expert

There are potential risks and drawbacks for relying solely on AI for marketing purposes, and so human involvement and collaboration are important in creating effective and high-quality messaging.

 

In marketing, AI is designed to work on HUMAN command.

 

Well-directed AI tools can mimic a brand’s identity but cannot be relied upon to generate or direct it. It lacks creativity, subjective thinking, and conscious thought, and relying too heavily on AI can lead to plagiarism, inaccuracies, and content that lacks emotional intelligence.

 

“Just because you CAN automate doesn’t mean you SHOULD. If a company makes its decisions purely on AI, it can lead to serious consequences,” says Derek Chew, CEO of Fullmoon Digital.

 

AI should augment human intelligence, not replace it.

By 2025, AI is projected to replace 85 million jobs globally. Chew, however, believes that although AI can help analyze and predict customer behavior, personalize content, and optimize advertising campaigns, without human direction and adjustment, the AI output lacks insight, humor, and structural diversity. Human sensibilities are required to ensure high-quality and clear messaging and easy readability.

 

“Businesses need to look for uniquely tailored marketing processes for each client emphasizing the importance of effective communication and consistent collaboration,” affirms Chew.

 

Derek Chew, CEO of Fullmoon Digital, can speak on the following:

  • Why is human creativity important for AI in marketing?
  • Why should marketers use personalized marketing strategies with AI?
  • How will AI advancement affect marketing jobs and how to prepare?
  • What businesses are harmed if AI is relied on too much without human intervention?
  • Why are businesses seeing a reduction in revenue with the use of AI?
  • How can digital marketers meet evolving customer needs to ensure their clients feel valued?

 

About Fullmoon Digital

Fullmoon Digital, founded by Derek Chew, a former early Yahoo! employee, is one of the few 100% independent digital marketing agencies in the United States. The firm is cross-functional, with deep experience in media planning and buying, digital consultancy, SEO, digital strategy, programmatic, analytics, performance marketing, paid media, social advertising, and creative. They push the envelope of what is possible in terms of marketing and technology, all the while providing best-in-class digital marketing service to their “pack” of clients. For more information, please visit www.fullmoondigital.com.

Categories
Business International & World Lifestyle Science Technology

CloudBees announces DevOps World 2023

DevOps World to inspire growth and innovation through five events with sessions from industry experts.

 

SAN JOSE, Calif. — (BUSINESS WIRE) — CloudBees, the leading software delivery platform for enterprises, today announces the return of DevOps World 2023. The five-event series of events will take place September through November 2023.

 

At the largest global gathering of DevOps practitioners, CloudBees invites developers, managers, executives, and community members to explore the ever-evolving DevOps landscape in an event series that will span the United States, United Kingdom, and Asia. Registration is open now at devopsworld.com.

This year, DevOps World will be a series of events to reach more community members, IT executives, software developers, and continuous delivery practitioners around the world. With expert-led sessions, panels, and workshops, DevOps World will provide unparalleled insights that drive innovation in the DevOps community. The conference and expo will explore modern software delivery, DevSecOps, and open source topics.

 

CloudBees has assembled an inspiring lineup of speakers, industry thought leaders, and experts for this year’s event, with each featuring a keynote from the contributing authors of “Investments Unlimited: A Novel About DevOps, Security, Audit Compliance, and Thriving in the Digital Age.” Speakers include:

  • John Willis, Founder, Botchagalupe Technologies
  • Andrés Vega, Vice President of Operations, North America, ControlPlane
  • Helen Beal, Chief Ambassador, DevOps Institute
  • John Rzeszotarski, VP of Platform Engineering, Dexcom
  • Tapabrata “Topo” Pal, Vice President, Architecture, Fidelity Investments
  • Bill Bensing, Field CTO, Kosli

 

In addition to the keynotes, attendees will hear from industry experts Autodesk, Veeam Software, vFunction, and more. Speakers will provide instruction and share insights on security and risk management, AI risks to the marketplace, managing cloud native applications, and much more. Each event will include use-case examples for DevOps in the financial, manufacturing and Industry 4.0, and software and technology industries, with key session topics including “AI Risks to the Marketplace,” “Managing Cloud Native Applications,” “Accelerating Digital Transformation in Finance,” “Moving ahead with Industry 4.0;” and more.

 

“With more than a decade of successful DevOps World events, CloudBees recognized the need to expand and accommodate global demand. We’re delivering local expert-led presentations, workshops, and sessions for community members to advance their skills and get ahead of the competition,” said CloudBees Chief Product Officer Shawn Ahmed. “In addition, CloudBees looks forward to introducing exciting innovations at this year’s conference that will expand on our current offerings to improve software delivery.”

 

DevOps World 2023 will include a tour in New York, Chicago, Silicon Valley, London, and Singapore beginning in September, with tour dates and locations as follows:

  • New York/New Jersey area: September 13-14 at the Hyatt Regency Jersey City
  • Chicago: September 27 at the Museum of Science and Industry
  • Silicon Valley: October 18-19 at the Hyatt Regency Santa Clara
  • Singapore: October 26 at Fairmont Singapore & SWISSÔTEL The Stamford, Singapore
  • London: November 29 at etc.Venues St Pauls

 

In addition to in-person events, select DevOps World sessions will be available online for virtual attendance. Register for DevOps World 2023 here.

 

To learn more about CloudBees visit www.cloudbees.com.

 

About CloudBees

CloudBees provides the leading software delivery platform for enterprises, enabling them to continuously innovate in a world powered by the digital experience. CloudBees enables organizations with highly-complex environments to deliver scalable, compliant, governed, and secure software from the code a developer writes to the people who use it. The platform connects with other best of breed tools, improves the developer experience, and enables organizations to bring digital innovation to life continuously to unlock business outcomes that create market leaders and disruptors.

Contacts

CloudBees PR
Laura Shubel

BIGfish PR for CloudBees

cloudbees@bigfishpr.com

Categories
Business Environment Lifestyle Regulations & Security Technology

Knightscope client further expands emergency communication system order

Shopping center security robot client renews contract for third year

 

MOUNTAIN VIEW, Calif. — (BUSINESS WIRE) — $KSCP #SecurityRobotKnightscope, Inc. [Nasdaq: KSCP] “(Knightscope” or the “Company),” a leading developer of autonomous security robots and blue light emergency communication systems, today announced that a University in New Jersey signed a purchase order for two additional K1 Blue Light Towers adding to the $1.25 million order announced earlier this year.


Universities are among Knightscope’s top priorities as the Company strives to protect all places people live, work, study and visit. Protecting the nation’s children and educators is essential to securing our future, and there are many steps that can be taken now to further enhance school safety as outlined in Knightscope’s blog here. New and existing users of Knightscope technologies that follow these recommendations, broaden their use of such enhanced safety measures, and continually renew service agreements further validate the Company’s efficacy and value.

 

Knightscope Authorized Partner Extends Shopping Mall Contract

Transcend Security Solutions – one of Arizona’s largest, premier contract security providers – extended its K5 Autonomous Security Robot (ASR) contract at a popular Arizona shopping mall for the third year. The K5 patrols the courtyard of the mall and much of the outer perimeter of the buildings that make up this mixed office and retail space. The mall prides itself on the property’s focus on technology, innovation and design, which makes Knightscope’s ASR right at home and a premium addition to their security staff.

 

To learn more about Knightscope’s Autonomous Security Robots and Blue Light Emergency Communication Systems, book a discovery call or demonstration now at www.knightscope.com/discover.

 

About Knightscope

Knightscope is an advanced public safety technology company that builds fully autonomous security robots and blue light emergency communications systems that help protect the places people live, work, study and visit. Knightscope’s long-term ambition is to make the United States of America the safest country in the world. Learn more about us at www.knightscope.com. Follow Knightscope on Facebook, Twitter, LinkedIn and Instagram.

 

Forward-Looking Statements

This press release may contain “forward-looking statements” about Knightscope’s future expectations, plans, outlook, projections and prospects. Such forward-looking statements can be identified by the use of words such as “should,” “may,” “intends,” “anticipates,” “believes,” “estimates,” “projects,” “forecasts,” “expects,” “plans,” “proposes” and similar expressions. Forward-looking statements contained in this press release include, but are not limited to, statements about the Company’s path to profitability, the Company’s targeted annualized revenue run rate, the Company’s plans for top-line growth, the Company’s ability to deliver on its backlog of new orders, the benefits of the Company’s planned streamlining of its operations and rightsizing of its combined workforce and the Company’s ability to achieve improved margins. Although Knightscope believes that the expectations reflected in these forward-looking statements are based on reasonable assumptions, there are a number of risks and uncertainties that could cause actual results to differ materially from such forward-looking statements. These risks and uncertainties include, among other things, the risk that the restructuring costs and charges may be greater than anticipated; the risk that the Company’s restructuring efforts may adversely affect the Company’s internal programs and the Company’s ability to recruit and retain skilled and motivated personnel, and may be distracting to employees and management; the risk that the Company’s restructuring efforts may negatively impact the Company’s business operations and reputation with or ability to serve customers; the risk that the Company’s restructuring efforts may not generate their intended benefits to the extent or as quickly as anticipated. Readers are urged to carefully review and consider any cautionary statements and other disclosures, including the statements made under the heading “Risk Factors” in Knightscope’s Annual Report on Form 10-K for the year ended December 31, 2022. Forward-looking statements speak only as of the date of the document in which they are contained, and Knightscope does not undertake any duty to update any forward-looking statements, except as may be required by law.

Contacts

Public Relations:
Stacy Stephens
Knightscope, Inc.
(650) 924-1025

Corporate Communications:

IBN (InvestorBrandNetwork)

Los Angeles, California

www.InvestorBrandNetwork.com
310.299.1717 Office

Editor@InvestorBrandNetwork.com