Maptycs is a Insurtech100 company

Maptycs, an insurtech company that uses geospatial visualization and advanced analytics technology to help insurance professionals manage property risk exposure, assess climate change impacts, and monitor severe weather events in real-time, has been named to FinTech Global’s InsurTech100 ranking.

NEW YORK (PRWEB)
October 28, 2021

Today, Maptycs (https://maptycs.com), an insurtech company that uses geospatial visualization and advanced analytics technology to help insurance professionals manage property risk exposure, assess climate change impacts, and monitor severe weather events in real-time, announced it had been named to FinTech Global’s InsurTech100 ranking for a second consecutive year. According to Fintech Global’s announcement on November 26, 2021, the Insurtech100 highlights the world’s most innovative InsurTech companies that will impact the insurance industry as it continues its explosive digital transformation.

“We are proud to have been recognized by FinTech Global as one of the world’s most innovative insurtechs” said Jacqueline Legrand, Founder and CEO of Maptycs. “With Maptycs®, underwriters can more effectively assess property risks, compute competitive premiums and achieve profits in a fast-changing climate risk environment.”

Fintech Global’s announcement emphasized its recognition of insurtech solutions currently shaping the future in the insurance industry, with a panel of analysts and industry experts who carefully evaluated and selected from a list of more than 1,400 companies. The companies selected in the final list were identified for their innovative use of technology to solve a significant industry problem, generate cost savings, or improve efficiency across the insurance value chain.

The full list of the InsurTech100 can be found at http://www.TheInsurTech100.com

About Maptycs

MAPTYCS® is a property risk exposure management and event response solution for the commercial insurance industry. Through its next-generation platform, MAPTYCS® combines the latest technologies, a proprietary Geographic Information System (GIS), a fully integrated Business Intelligence capability (BI) tool and a data warehouse, to store and manage high volume location-based data. It also includes a highly customizable notifications engine to monitor severe weather events. Underwriters can more effectively assess risk to compute premiums and place adequate reinsurance, while setting timely and adequate reserves for claims payouts. The overall goal is to remain competitive and achieve underwriting profits in a fast-changing risk environment. The platform is powerful, easy to use and can be integrated in existing systems. Visit https://maptycs.com/https://maptycs.com/ for more information

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TAIPEI, Taiwan (PRWEB)
October 27, 2021

Summary:

• 
  ADLINK is dedicated to working with ecosystem partners Askey, Institute for Information Industry (III) and EOI to develop and deploy an integrated cellular vehicle-to-everything (C-V2X) solution that will significantly improve road safety and traffic efficiency
• The collaboration exploits ADLINK’s deep expertise in developing and deploying rugged AI-enabled in-vehicle computers, private 5G networks, 5G edge servers, and intelligent edge infrastructure
• ADLINK and partners are undertaking a list of pilot projects across Taiwan to test various use cases featuring different implementation approaches and application requirements

ADLINK Technology Inc., a global leader in edge computing, has joined forces with ecosystem partners Askey Computer Corp., the Institute for Information Industry (III) and Excellence Opto. Inc. (EOI) to develop and deploy an end-to-end C-V2X solution. The collaboration integrates AI-enabled technologies and applications with 4G LTE/sub-6GHz 5G NR vehicle network connectivity, smart traffic lights and signal controllers. The C-V2X solution will significantly improve road safety and traffic efficiency, establishing a solid foundation to help accelerate technology innovation and commercialization of intelligent transportation systems (ITS), autonomous driving and connected vehicles.

V2X technologies are designed to connect vehicles to each other (V2V), to pedestrians (V2P), to roadway infrastructure (V2I), and to the network (V2N). The 802.11p Wi-Fi standard established the foundation for V2X communications to enable drivers to avoid accidents and traffic jams. With a wider range than a dedicated short-range communication (DSRC) and much lower latency, 4G LTE and 5G based C-V2X will communicate real-time data further. And, when used together with onboard intelligence, it will accelerate more intelligent transportation systems (ITS) and Level 3 and above autonomous driving.

“We are excited to work with our partners Askey, III and EOI to build and test the advanced C-V2X solution,” said Henry Hu, Director of Global Business Development for Networking, Communications and Public Sector, ADLINK. “We are seeing a strong momentum worldwide in developing and implementing C-V2X as the technology can substantially improve road safety, traffic efficiency and revolutionize logistics. And importantly, C-V2X can greatly accelerate technology innovation and commercialization of autonomous driving. A quick and broad adoption of C-V2X requires extensive collaboration of industry participants, which is why ADLINK is dedicated to building a comprehensive ecosystem. With a strong commitment to leading consortia, such as the Autoware Foundation and Open Source Robotics Foundation, we will continue our contribution to technology advancements of C-V2X, connected cars and autonomous driving.”

The collaboration addresses the complex technology challenges from data collection to communication to processing in real-time by leveraging ADLINK’s deep expertise in developing and deploying rugged AI-enabled in-vehicle computers, private 5G networks, 5G edge servers, and intelligent edge infrastructure. The C-V2X solution integrates ADLINK’s AI-enabled in-vehicle computer platform based on the AVA-3510 series, with Askey’s onboard/roadside unit (RSU/OBU), III’s: AI-enabled applications including image-based AI vehicle identification, tracking and warning technology, and EOI’s smart traffic light and traffic signal controller.

There are already four C-V2X pilot projects underway across Taiwan that implement both direct sidelink and cellular network communications. The projects are designed to test various use cases based on the enhanced 5G quality of service (QoS) for ultra-reliable, low-latency and high bandwidth communications.

• The first is an Intelligent Transportation System (ITS) application that uses V2I and V2V technologies for controlling traffic in New Taipei City.
• The other three projects are for autonomous vehicles. Taipei City, SPaT (Signal Phase and Timing) techniques at traffic signals together with a MAP application prioritize automated buses via the connected traffic light controller to optimize traffic flow for intersections.
• In Taoyuan City, V2I and V2V technologies are implemented to connect automated buses with roadside equipment (RSE) and roadside units (RSUs).
• And in Tainan City, another auto-bus application uses V2I technologies for monitoring operations, which is integrated with an advanced driver-assistance system (ADAS).

Besides improving road safety and traffic flow, the C-V2X solution developed by ADLINK and its partners can provide autonomous driving and automotive system integrators with a validated, integrated template to speed time-to-market. It can also help wireless service providers create new business opportunities.

ADLINK is committed to building a comprehensive ecosystem for C-V2X, which is key to its successful implementation and uptake. For more information, please visit the connected and autonomous vehicle solutions page on the ADLINK website.

About ADLINK Technology

ADLINK Technology Inc. (TAIEX:6166) leads edge computing, the catalyst for a world powered by artificial intelligence. ADLINK manufactures edge hardware and develops edge software for embedded, distributed, and intelligent computing – from powering medical PCs in the intensive care unit to building the world’s first high-speed autonomous race car – more than 1600 customers around the world trust ADLINK for mission-critical success. ADLINK holds top-tier edge partnerships with Intel, NVIDIA, AWS, and SAS, and also participates on the Intel Board of Advisors, ROS 2 Technical Steering Committee and Autoware Foundation Board. ADLINK contributes to open source, robotics, autonomous, IoT and 5G standards initiatives across 24+ consortiums, driving innovation in manufacturing, telecommunications, healthcare, energy, defense, transportation and infotainment. For over 25 years, with 1800+ ADLINKers and 200+ partners, ADLINK enables the technologies of today and tomorrow, advancing technology and society around the world. Follow ADLINK Technology on LinkedIn, Twitter, Facebook or visit adlinktech.com.

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“TU Dresden was delighted to receive this award, and our team looks forward to working with A.N. Solutions and other partner companies on making the new technology a reality,” said Professor Frank Ellinger, Head of the DAKORE Project at TU Dresden.

DRESDEN, Germany (PRWEB)
October 27, 2021

A.N. Solutions GmbH, a leading Industrial Internet of Things (IIoT) design house, today announced that it was to collaborate with the Technische Universität Dresden (TU Dresden) and the team of select technology companies on the “DAKORE” research project awarded by German Federal Ministry of Education and Research (BMBF). DAKORE stands for “Data Radio Network with Adaptive Hardware and AI Optimization to Reduce Energy Consumption” in German. The project’s goal is to reduce the power consumption of 5G networks by up to 60%.

The energy consumption cut will be achieved via on-demand optimization of several greatly varying performance requirements. The novelty of the approach is that, for the first time, it involves both hardware and software. From algorithms to transistor control, various parameters are dynamically adapted to changing requirements. Such a holistic approach leads to a considerable reduction of power consumption by power amplifiers in cellular base stations while maintaining a high quality of service.

“We are honored to be chosen for the project aimed at building a sustainable future,” said Mr. Thomas Lerm, CEO of A.N. Solutions GmbH. “For over ten years, we have been developing customized battery-powered sensor solutions for transportation, logistics, building and industrial automation, as well as energy management. A.N. Solutions’ engineers think out-of-the-box and use many innovative approaches such as gatewayless data aggregation using NB-IoT for the widely distributed sensor nodes. We look forward to contributing to this important initiative in the areas of NB-IoT battery-powered networks and AI optimization.”

“TU Dresden was delighted to receive this award, and our team looks forward to working with A.N. Solutions and other partner companies on making the new technology a reality,” said Professor Frank Ellinger, Head of the DAKORE Project at TU Dresden. “From climate change to the COVID-19 pandemic, the challenges abound in the twenty-first century. The proliferation of contactless systems further boosts the spread of wireless data networks that can be quite power hungry. Efforts to reduce the carbon footprint will be very important. We have assembled a very competent team and adopted a holistic approach to confront this challenge head-on and find a solution.”

As growing digitization increases the power consumption of computer networks, maintaining a low carbon footprint becomes difficult. Communications in computer systems will dominate energy consumption while computing itself remains low power. The BMBF innovation competition “Electronics for energy-saving information and communication technology” had 22 teams throughout Germany apply to help tackle this future challenge.

Ten teams from research institutions, universities, and colleges started to design correspondingly innovative research projects. The projects were each funded by the BMBF for a nine-month concept phase. Out of these ten projects, three applications were selected by the BMBF based on their relevance for the country, savings potential, level of innovation, and approach to the solution. The DAKORE project was among the three finalists that will receive funding for the implementation phase, which is three years long.

About A.N. Solutions

A.N. Solutions is a leading Internet of Things (IoT) design house specializing in concept-to-market wireless networking solutions for energy management, building automation, and other application areas demanding intelligent and reliable wireless connectivity. A.N. Solutions help OEMs and system integrators to roll out new products and flexible, scalable, secure, and resilient wireless network solutions on time and on budget with no in-house RF expertise by offering easy-to-use hardware and software components and engineering services. Ultra-sensitive IEEE 802.15.4/Zigbee and Bluetooth RF modules, embedded software and development tools for Sub-1 GHz and 2.4 GHz license-free ISM bands enable quick and seamless technology implementation, customization, and integration with the existing infrastructure, such as GNSS, WLAN, and more. Headquartered in Dresden, Germany, the A.N. Solutions team possesses over ten years of experience, adhering to the spirit of innovation and “Made in Germany” quality. For more information, please visit http://www.an-solutions.de or https://www.linkedin.com/company/an-solutions-gmbh.

Adaptive Network Solutions GmbH

Tel.: +49 351 30900 199

Email: press@an-solutions.de

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ModelOp Center – Model Risk and Compliance Dashboard

CHICAGO (PRWEB)
October 26, 2021

ModelOp, the pioneer of ModelOps software, announced new automated AI governance capabilities that address model risk management regulations identified in the Federal Reserve’s SR 11-7 guidelines, the European Commission’s proposed rules on Artificial Intelligence, along with AI regulations issued by organizations such as the OCC, SEC, and FINRA.

Enterprise leaders are placing big bets on AI to transform their business; however, the AI models that drive this change come with new risks. The Federal Reserve and other governmental agencies in the U.S. and other countries recognize this and are creating and enforcing new regulatory requirements to minimize these risks by outlining practices that ensure fairness, interpretability, accountability, and transparency for AI model operations (ModelOps).

With the new v2.5 release of ModelOp Center, enterprises can

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      Automate up to 30 percent of the model documentation effort, reducing the manual work effort of high-cost data scientists and model validators
•     Get a 360 view of model compliance across the enterprise informing executives, line of business leaders, compliance teams and risk teams of the compliant state of models
•     Create model risk testing in a reproducible and auditable manner, ensuring risk and regulatory requirements are adhered to by automating and tracking the testing process
•     Automatically notifying model risk and business teams of a serious business or compliance breach based on model risk thresholds
•     Securely and persistently share model-specific metadata and other information across data science, risk, SecOps, and IT systems throughout the model’s life cycle with native integrations

These new capabilities make it faster and easier to comply with regulatory requirements that are designed to reduce risk and ensure reliable decision-making for AI models. Today this work is performed manually by highly paid data scientists and model validators, making it costly and delaying model deployment and use.

“ModelOp Center was created to address the governance and operational scale challenges enterprises face as they go from having tens, to hundreds, to thousands of models driving critical business decisions,” said Dave Trier, vice president of product. “By automating manual risk and compliance steps throughout the model’s life cycle, enterprises can significantly reduce the cost and effort for satisfying regulatory requirements, deploying models faster and ensure models are making reliable decisions.”

“As enterprises continue to use AI models to replace human decision making, we will see more regulations to ensure trustworthy, reliable AI decisioning. Little innovation has been done to modernize and accelerate the time-consuming, labor intensive and expensive model risk and compliance work,” said Avi Kalderon, CEO of Opening Bell Ventures. “It’s great to see ModelOp delivering new capabilities in this area and filling the gap.”

ModelOp Center has designed governance into the model life cycle, enforcing business, operational and governance requirements from pre-deployment to end of life. Automated model life cycle processes rigorously track and capture underlying model lineage, assets and metadata for each and every model, ensuring reproducibility that supports forensic auditing.

Executive compliance and operational dashboards provide a continuous view of model compliance, operational stability and business contribution.

Additional resources:

About ModelOp:

ModelOp, the pioneer of ModelOps software, enables enterprises to address the critical governance and scale challenges necessary to fully unlock the transformational value of enterprise AI and Machine Learning investments. Core to any AI orchestration platform, G2000 companies use ModelOp Center to govern, monitor and orchestrate models across the enterprise and deliver reliable, compliant, and scalable AI initiatives.

About Opening Bell Ventures:

Opening Bell Ventures provides services to C-level executives helping them shape and successfully execute on their Digital Transformation Programs. Today, more than ever, firms face the imperative of enhancing and aggressively accelerating their Digital Agenda.

Services provided include Data Enablement, Advanced Analytics, Machine Learning & AI, Model Risk Management and Ethics in the age of Autonomous Algorithms.

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Tony will be a key resource for Nanoramic’s leadership with his comprehensive skillset in automotive technology and product development. His insight will be invaluable as Nanoramic disrupts the electric vehicle market with our Neocarbonix™ electrode technology.

BOSTON (PRWEB)
October 26, 2021

Nanoramic® Laboratories, an industry-leading energy storage and advanced materials company, welcomes Tony Posawatz P.E. to its Board of Directors. Posawatz is former President and CEO of Fisker Automotive, and former Head of Electric Vehicle Development of the Chevrolet Volt at General Motors (GM). Posawatz is also a Board Director of Lucid Motors. He will be a significant asset as the company delivers low-cost and high-performance technology to the lithium-ion battery market and other energy storage industries.

Eric Kish, CEO of Nanoramic, said: “Tony will be a key resource for Nanoramic’s leadership with his comprehensive skillset in automotive technology and product development. His insight will be invaluable as Nanoramic disrupts the electric vehicle (EV) market with our Neocarbonix™ electrode technology.”

Neocarbonix is an electrode technology that reduces costs by 20% and improves energy density by 30% compared to current battery designs, while enabling fast charging and longer lifetimes for EV batteries.

Posawatz is best known for many product innovations and industry firsts. Through his former leadership at Fisker Automotive and GM, Posawatz is an automotive expert with 40 years of industry experience. He notably led his product development teams to numerous awards including both Motor Trend “Truck of the Year” and “Car of the Year” honors.

He now serves as President and CEO of Invictus iCAR (innovation Consulting Advisory Resources), focusing on the advancement of automotive technology companies, with an emphasis on EVs and cleantech. Posawatz serves as a non-executive Director for several public and private companies ranging from EV manufacturers, Tier I suppliers, connected car-tech, energy storage and more. He also advises various private equity and venture capital firms, as well as new mobility initiatives.

“Nanoramic has developed industry-leading technology, and I am looking forward to seeing it widely deployed in the next generations of EVs,” said Posawatz. “The battery is the most important part of an EV, and Nanoramic’s electrode is a step change in what is possible.”

About Nanoramic

Nanoramic® Laboratories is an industry-leading energy storage and advanced materials company that has developed an innovative electrode technology, Neocarbonix™. Nanoramic® is commercializing this technology to transform energy storage for electric vehicles by increasing energy density and longevity, while reducing costs. Founded in 2009 out of MIT, Nanoramic® is the exclusive designer, manufacturer, and licenser of Neocarbonix™ electrodes, FastCap® Ultracapacitors and Thermexit™ thermal interface gapfiller pads. See http://www.nanoramic.com

Nanoramic, Thermexit, Neocarbonix and FastCap are trademarks of FastCap Systems Corporation, doing business as Nanoramic Laboratories. © 2021 FastCap Systems Corporation. All Rights Reserved.

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