LeddarTech Showcasing LeddarVision, Its Award-Winning Sensor Fusion and Perception Software and Products at EcoMotion 2023 on May 22-24 in Tel Aviv, Israel

QUEBEC, May 10 (GLOBE NEWSWIRE) -- LeddarTech^®, an automotive software company that provides innovative low-level sensor fusion and perception ADAS and AD software technology that is scalable and flexible while delivering high performance, today announces its participation as a Silver Sponsor at EcoMotion Week 2023 in Tel Aviv, Israel.

The company, led by its Israeli-based technical experts, will demonstrate its award-winning technology at its booth and offer delegates the opportunity to experience it live on the road in their LeddarCar. In addition, LeddarTech’s CTO will chair a panel at the event.

Visit LeddarTech’s technology showcase featuring LeddarVision™, a high-performance, low-cost, scalable, hardware-agnostic low-level sensor fusion and perception solution for automotive and off-road industrial ADAS and AD applications. Witness the software’s high performance at various levels of autonomy in various scenarios, such as extreme weather conditions, via their award-winning demonstration dashboard.

Discover

LeddarVision Front-View (LVF) family of automotive software products addresses the challenges faced when developing Level 2/2+ ADAS applications, such as solving safety issues and finding scalable fusion and perception software that offers high performance at a low cost. These two distinct products are comprehensive low-level fusion and perception software stacks that optimally combine sensor modalities for Level 2/2+ ADAS applications achieving a 5-star NCAP 2025/GSR 2022 rating.

• LeddarVision Front (Entry-Level) (LVF-E): This product pushes the performance envelope, potentially doubling the effective range of the sensors and enabling a solution operable with only three sensors.
• LeddarVision Front (High-End) (LVF-H): With sensor configuration extended to 1V5R based on a single 3-megapixel 120-degree camera and five radars, the LVF-H stack extends the perception support to highway assist applications, including 160 km/h adaptive cruise control, 200-meter range and semi-automated lane change.

LeddarVision Surround (LVS-2⁺) efficiently extends the LVF front-view product family 1VxR sensor configuration to a 5V5R configuration, enhancing support to traffic jam assist (TJA) and highway assist (HWA) applications. It also enables applications such as automated lane change, overtaking and extended speed range adaptive cruise control (ACC).

Ride along: LeddarCar live – Delegates representing automotive Tier 1-2 suppliers and OEMs are invited to reserve an on-road demonstration of LeddarTech’s LeddarVision low-level fusion and perception software technology.

Participate: LeddarTech’s CTO Pierre Olivier will chair a panel entitled “Autonomous Vehicle 360: Use Cases.”

Pre-arrange a meeting for a product demonstration or to experience LeddarCar live.

About EcoMotion

EcoMotion is a dynamic and growing smart mobility community comprising over 650 start-ups and 15,000 community members. EcoMotion is a joint venture of the Israel Innovation Institute (NGO) alongside Israel’s Ministry of Transport and Road Safety and the Ministry of Economy and Industry.

About LeddarTech

LeddarTech, a global software company founded in 2007, develops and provides comprehensive perception software solutions that enable the deployment of ADAS and autonomous driving applications. LeddarTech’s automotive-grade software applies advanced AI and computer vision algorithms to generate accurate 3D models of the environment, allowing for better decision making and safer navigation. This high-performance, scalable, cost-effective technology is available to OEMs and Tier 1-2 suppliers to efficiently implement automotive and off-road vehicle ADAS solutions.

LeddarTech is responsible for several remote-sensing innovations, with over 150 patents granted or applied for that enhance ADAS and AD capabilities. Better awareness around the vehicle is critical in making global mobility safer, more efficient, sustainable and affordable: this is what drives LeddarTech to seek to become the most widely adopted sensor fusion and perception software solution.

Additional information about LeddarTech is accessible at www.leddartech.com and on LinkedIn, Twitter, Facebook and YouTube.

Contact:
Daniel Aitken, Vice-President, Global Marketing, Communications and Investor Relations, LeddarTech Inc.
Tel.: + 1-418-653-9000 ext. 232 daniel.aitken@leddartech.com

Investor relations contact and website: InvestorRelations@leddartech.com
https://investors.leddartech.com/

Leddar, LeddarTech, LeddarVision, LeddarSP, VAYADrive, VayaVision and related logos are trademarks or registered trademarks of LeddarTech Inc. and its subsidiaries. All other brands, product names and marks are or may be trademarks or registered trademarks used to identify products or services of their respective owners.

SOURCE : LeddarTech inc.

CONSUMERS WANT HUMANISED EXPERIENCES WHEN NAVIGATING INSURANCE INDUSTRY - DUCK CREEK

KUALA LUMPUR, May 10 (Bernama) -- Duck Creek Technologies has published its second annual benchmark survey, the 2023 Global Consumer Insurance Insights, revealing strong demand from global consumers for humanised insurance purchasing, switching and communication experiences through digital channels.

In a statement, Duck Creek Chief Product & Technology Officer, Jess Keeney said: “As the insurance industry continues to evolve, it is crucial for providers to listen to the needs and preferences of their customers.

“The 2023 Duck Creek Technologies benchmark survey provides invaluable insights into consumer behaviours and trends, highlighting the areas where insurers can maximise accessibility, accelerate speed to market, and differentiate competitively.”

Key findings from the survey include 93 per cent of consumers are confident they have the proper coverage, irrespective of which channel they used to purchase the insurance policy.

Once a policy is in place, 44 per cent of consumers prefer human interaction (2022: 35 per cent). At the same time, however, interest in app/WhatsApp usage for buying and switching insurance also increased year-over-year.

In addition, 46 per cent of global consumers are unaware of embedded insurance. Of those who were aware (37 per cent), almost half said they trust it because of product or retailer quality, while those who do not trust it (26 per cent) find embedded insurance unnecessary and expensive.

The survey reveals significant positives for insurance providers and clearly shows they are getting it right in many areas. However, it also highlights areas where insurers must reflect and improve further, including bolstering global consumer confidence and trust in insurance.

The 2023 wave of research, which is being launched at the Duck Creek Technologies Formation ‘23 event for customers and partners from May 8-10, was conducted independently by Research in Finance for Duck Creek Technologies and surveyed over 2,000 policyholders across 13 countries, all of whom held at least one insurance policy.

Aimed at refining the strategies that bring insurers closer to consumers worldwide, this year’s survey is more extensive than the inaugural 2022 edition, with more questions and responses from policyholders across more countries.

-- BERNAMA

REGISTRATION FOR GMAT™ FOCUS EDITION TO OPEN IN AUGUST 2023

Free prep materials available two months prior to propel candidates to success on their business school journey


RESTON, Va., May 8 (Bernama-BUSINESS WIRE) -- The Graduate Management Admission Council™ (GMAC), a global association representing leading business schools, today announced that registration for the GMAT™ Focus Edition, an updated version of the Graduate Management Admission Test™ (GMAT™) exam, will open on August 29, 2023 for testing in the fourth quarter this year. In addition, official GMAT Focus prep materials will be available on mba.com on June 6, 2023, with a free study planner of only six weeks to help test takers stick to a schedule, inform prep activities, and track progress, as well as a free GMAT Focus Official Starter Kit that comes with a sampler of 70 real GMAT questions and two full-length practice exams to help candidates establish performance baseline.

Earlier this year, GMAC introduced GMAT Focus Edition after extensive research efforts involving hundreds of school professionals and an in-depth concept testing with thousands of students globally. The GMAT, the most widely used business school admissions exam in the past seven decades, was redesigned with improved test taking experience and flexible new features to better support candidates of graduate business education. Schools will benefit from it as an improved element in their holistic admissions process.

“We want to encourage people with a broad set of qualifications, undergraduate backgrounds and lived experiences to understand the richness of their choice and take that leap forward on their business school journey,” said Joy Jones, CEO of GMAC. “It is our belief that GMAT Focus Edition will allow candidates to optimize their preparation for graduate business education while helping schools attract a global pool of qualified and diverse applicants.”

“This is an important evolution of the test,” said Bruce DelMonico, Assistant Dean for Admissions at Yale School of Management and a board member of GMAC. “In terms of the relevance and usefulness of the test, this is definitely a positive step that will be beneficial both to business schools and to candidates.”

More efficient, more flexible, and more insightful, in an all-new testing experience

The GMAT Focus Edition will feature three 45-minute sections: Quantitative Reasoning, which examines problem solving skills; Verbal Reasoning, which evaluates critical reasoning and reading comprehension but no longer incorporates sentence correction; and the newly developed Data Insights section, which measures candidates’ data literacy skills and ability to analyze and interpret data and apply it to real-world business scenarios. With these changes and the removal of the Analytical Writing Assessment (AWA), it is nearly one hour shorter than the current version of the GMAT and therefore requires less content to prepare. Besides new features that allow test takers to bookmark as many questions as they want, review questions within the remaining section time and change up to three answers per section, and to complete the three sections in any order, the enhanced Official Score Report now offers detailed performance insights that helps them assess strengths and identify focus areas at no additional cost.

“I think the redesign of the GMAT exam is testament to GMAC’s commitment to continuous improvement. Changes to the exam address the growing importance of certain competencies and the future of work – for example with the addition of Data Insight,” said Arnold Longboy, Executive Director, Recruitment & Admissions at London Business School.

New score scale and concordance to help assess candidate competitiveness

The GMAT Focus Edition’s Total Score, ranging from 205 to 805, is based on test taker performance on all three sections of the exam, with each section, ranging from 60 to 90, weighted equally. This change has been made to ensure that test takers and schools can easily distinguish from a GMAT Focus Edition score to the currently available GMAT Exam score, which ranges from 200 to 800. To understand a test taker’s relative competitiveness, one can use the concordance tables available on mba.com that link score distributions between the two versions of the exam by percentile. With the GMAT Focus Edition's new score scale, percentile rankings deserve the primary attention from test takers and schools when looking to understand the results.

“When comparing scores of GMAT Focus Edition to the current version of the GMAT Exam, we encourage test takers and schools to compare percentile rankings rather than comparing total scores,” stressed Manish Dharia, director of product development at GMAC. “Because the Total Score scale and the score scale distribution have both changed, comparing total scores or section scores from the current version of the exam to the GMAT Focus Edition is not appropriate, accurate, or a meaningful comparison of performance. Scores of 600 and 605 may look similar, but they represent very different performance levels on different skills.”

Additional efforts to facilitate smooth transition and swift adoption

As GMAT Focus Edition rolls out for the remainder of 2023, the current version of the GMAT exam will continue to be available to candidates until early next year to facilitate their in-progress preparation and applications for business school. Also, to that end, the GMAT Focus Edition fees will remain the same as the current GMAT exam.

“Keep in mind, all GMAT exam scores – whether they are of the current GMAT or GMAT Focus Edition – continue to be valid for 5 years,” said Ashish Bhardwaj, senior vice president and head of market development at GMAC. “With the advance announcement of the new edition, we encourage candidates to proceed with registering and taking the GMAT exam in ways that best enable their pursuit of graduate management education.”

About GMAC

The Graduate Management Admission Council (GMAC) is a mission-driven association of leading graduate business schools worldwide. GMAC provides world-class research, industry conferences, recruiting tools, and assessments for the graduate management education industry as well as resources, events, and services that help guide candidates through their higher education journey. Owned and administered by GMAC, the Graduate Management Admission Test™ (GMAT™) exam is the most widely used graduate business school assessment.

More than 12 million prospective students a year trust GMAC’s websites, including mba.com, to learn about MBA and business master’s programs, connect with schools around the world, prepare and register for exams and get advice on successfully applying to MBA and business master’s programs. BusinessBecause and GMAC Tours are subsidiaries of GMAC, a global organization with offices in China, India, the United Kingdom, and the United States.

To learn more about our work, please visit www.gmac.com

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Contact

Media Contact:
Teresa Hsu
Sr. Manager, Media Relations
Mobile: 202-390-4180
thsu@gmac.com

Source : Graduate Management Admission Council (GMAC™)

KENVUE STARTS TRADING ON NEW YORK STOCK EXCHANGE

KUALA LUMPUR, May 5 (Bernama) -- Kenvue Inc (Kenvue), the world’s largest pure-play consumer health company by revenue, has started trading on the New York Stock Exchange under the ticker symbol “KVUE” in connection with its initial public offering (IPO).

According to Kenvue in a statement, Chief Executive Officer and Director, Thibaut Mongon, and members of the Kenvue Leadership Team celebrate by ringing the Opening Bell.

“Helping consumers realise the extraordinary power of everyday care is at the heart of who we are and what we do.

“As a global leader at the intersection of healthcare and consumer goods, our carefully curated portfolio of science-backed, iconic brands has been trusted by consumers and recommended by healthcare professionals for generations. We are ready to bring a new view of care to the world,” said Mongon.

Built on more than a century of heritage and propelled forward by science, Kenvue iconic brands are recommended by health care professionals and can be trusted by consumers who use the company’s products to improve their daily lives.

-- BERNAMA

TDCX HONORED AS BRANDS FOR GOOD AWARDS 2023 CHAMPION FOR CORPORATE RESPONSIBILITY EFFORTS

^{TDCX Group Chief Operating Officer, Ms Angie Tay (second from left) receives the Champion, Business For Good category award at the Brands For Good Awards 2023. (Photo: Business Wire)}


SINGAPORE, May 5 (Bernama-BUSINESS WIRE) -- Every month, TDCX employee Michael Danker brings together two things that he is passionate about – workplace inclusion and giving back to the community. Michael is part of a global network of Corporate Social Responsibility (CSR) champions at TDCX (NYSE: TDCX), a high-growth digital customer experience (CX) solutions provider for technology and blue-chip companies, who are supporting the company’s efforts to drive social impact. Today, these efforts were recognized by the industry with TDCX being named the Champion of the Business For Good category at the Brands For Good Awards 2023.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230502006297/en/

 

The award recognizes businesses that have unique business models and/or innovative internal processes to achieve not only economic but also social and environmental goals. TDCX was recognized for its contribution to society in the following areas:

1. Its commitment to providing equal opportunities for all TDCX employees through #BeHappier, a comprehensive social program aimed at promoting diversity and inclusion, supporting employee well-being, and driving career development.
2. Its dedication to supporting community partners in uplifting disadvantaged members of the communities across countries.

Ms. Angie Tay, Group Chief Operating Officer, TDCX, said, “At TDCX, we are committed to making a positive impact, and for us, this starts with our people. We place great care and emphasis on creating a work environment where employees feel safe, supported, and empowered. When employees are engaged, they are able to bring their best to all our stakeholders – from clients, our colleagues and into the community.

"The recognition of TDCX’s efforts to drive social impact tells us that we are making progress in the right direction and gives us the fuel to keep driving forward and working with our employees to do well by doing good.”

Mr. Alan Ng, Co-Chair, Brands For Good, said, “Brands For Good is dedicated to identifying and showcasing companies that are successful in creating positive social and environmental impact. We believe that success in a business should not just be measured in terms of profits, but also its positive impact on society and the planet, and that is something that TDCX has demonstrated as this year’s Business For Good Champion. By highlighting and celebrating the achievements of exemplary companies such as TDCX, we hope to inspire a new generation of socially responsible business leaders.”

Now in its 5^th year, Brands For Good honors businesses across Asia for doing good and for embodying the principles of social responsibility in their business and operations. In 2022, more than 100 companies participated in the award nomination. Companies are assessed on five main components, namely their mission and values, their impact on society, growth, accountability, and stakeholder engagement.

TDCX supports various company and community initiatives under its Corporate Social Responsibility pillars – ‘Be Greener’ to help with climate change, ‘Be Happier’ to nurture its people, and ‘Be Kinder’ to uplift local communities. Since the start of 2022, the company has implemented more than 150 projects, helping more than 54,000 beneficiaries. The launch of the TDCX Foundation in October 2022 also saw the company pledge to donate SGD 150,000 towards digital empowerment projects across its biggest markets.

About TDCX

Singapore-headquartered TDCX provides transformative digital CX solutions, enabling world-leading and disruptive brands to acquire new customers, to build customer loyalty and to protect their online communities.

TDCX helps clients achieve their customer experience aspirations by harnessing technology, human intelligence and its global footprint. It serves clients in fintech, gaming, technology, home sharing and travel, digital advertising and social media, streaming and e-commerce. TDCX’s expertise and strong footprint in Asia has made it a trusted partner for clients, particularly high-growth, new economy companies, looking to tap the region’s growth potential.

TDCX’s commitment to delivering positive outcomes for our clients extends to its role as a responsible corporate citizen. Its Corporate Social Responsibility program focuses on positively transforming the lives of its people, its communities and the environment.

TDCX employs more than 17,800 employees across 28 campuses globally, specifically Singapore, Malaysia, Thailand, Philippines, Mainland China, Hong Kong, South Korea, Japan, India, Romania, Spain, Colombia, Türkiye, and Vietnam. For more information, please visit www.tdcx.com.

View source version on businesswire.com: 
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Contact

For enquiries:
media@tdcx.com

Source : TDCX

GRADIANT ADVANCES SUSTAINABILITY IN MINING THROUGH PARTNERSHIPS WITH SLB, RIO TINTO AND AN AUSTRALIAN GLOBAL MINING COMPANY

BOSTON, May 3 (Bernama-BUSINESS WIRE) -- Gradiant, a global solutions provider and developer for advanced water and wastewater treatment, has announced partnerships with SLB (formerly Schlumberger), Rio Tinto, and an Australian global mining company to improve productivity and sustainability in the mining industry with a focus on reducing carbon and water footprints. The projects are in the United States and Western Australia for resource recovery of critical minerals and industrial process water.

Gradiant’s collaborations with SLB and the Australian global mining company target the recovery of valuable metals such as lithium, nickel, and cobalt, which are essential metals in producing batteries for electric cars, smartphones, and computers. The mining of these materials is highly complex and water intensive. Moreover, with increased market demand and environmental regulations, businesses must identify cost-effective and sustainable technologies. Gradiant’s technologies enable sustainable, efficient, and economical water governance through end-to-end customized solutions.

Gradiant’s work with SLB integrates Gradiant’s technologies to concentrate lithium solution with SLB’s direct lithium extraction (DLE) and production technology process—allowing reduced time-to-market and environmental footprint for lithium extraction. The solution enhances the impact of the sustainable lithium extraction process by enabling high levels of lithium concentration in a fraction of the time required by conventional methods while reducing carbon emissions, energy consumption, and capital costs compared to thermal-based methods.

For Rio Tinto, Gradiant will deliver a new facility in Western Australia to replace aging facilities by employing the company’s proprietary RO Infinity membrane technologies and SmartOps Digital AI into existing mining operations. Gradiant has introduced two chemical-free technologies into operations to minimize chemical consumption and waste discharge.

Lastly, Gradiant’s RO Infinity and SmartOps technologies will concentrate complex wastewater from nickel and cobalt production at a new facility in Western Australia for a global mining company, resulting in up to 75% cost savings with lower carbon and water footprints compared to conventional technologies.

“Mining is a uniquely complex industrial sector with challenges of remote locations, large volumes of waste, wide fluctuations in water quality, and the high-value end-product that demands relentless design and operations efficiencies,” said Prakash Govindan, COO of Gradiant. “The real opportunity for water technology in the mining industry is resource recovery in wastewater coupled with machine learning AI. We are excited to work with the world’s leading mining operators to enter a new era of sustainable resource recovery. This is made possible by Gradiant’s deep understanding of the complex chemistry that underlies the production processes, which is then operationalized by machine learning digital technology.”

Gradiant designs, builds, and operates complete, end-to-end water and digital solutions, pioneering advanced technologies across the world’s essential industries. The technologies reduce freshwater usage, reclaim valuable resources, and renew water to its freshwater state.

About Gradiant

Gradiant is a different kind of water company, deploying a full technology stack of creative solutions to help the world’s leading industries achieve sustainable operations through responsible water use. The company offers the design, build, and operation of end-to-end water and digital solutions across industries, including microelectronics, pharmaceuticals, food & beverage, lithium and critical minerals, and renewable energy. Gradiant’s innovative solutions reduce water used and wastewater generated, reclaim valuable resources, and renew wastewater into freshwater. The Boston-headquartered company was founded at MIT and has over 900 employees worldwide. Learn more at gradiant.com.

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Contact

Corporate Contact:
Felix Wang
Gradiant, VP of Marketing
fwang@gradiant.com 

Source : Gradiant

JUNIPER RESEARCH: OPERATOR LOSSES FROM BUSINESS MESSAGING FRAUD TO REDUCE BY 66% OVER 4 YEARS, AS SMS FIREWALLS DELIVER $4.4 BILLION GLOBAL SAVINGS

BASINGSTOKE, England, May 2 (Bernama-BUSINESS WIRE) -- Juniper Research, foremost experts in mobile messaging markets, has found that the operator revenue loss to SMS grey route traffic will decline by 66% over the next 4 years; owing to the increasing adoption and efficiency of SMS firewalls. It predicts that these firewalls will save operators over $4.4 billion in lost business messaging revenue between 2023 and 2027, by identifying fraudulent traffic and blocking it in real-time.

Find out more about the new report: SMS Firewalls: Future Outlook, Regional Analysis & Market Forecasts 2023-2027

SMS Firewalls Result in Declining Fraud

These savings will be driven by the ability of SMS firewalls to detect sources of fraudulent traffic earlier and more efficiently through the increasing use of machine learning. By 2027, the report predicts that less than 1% of business messaging traffic will be attributable to grey routes, compared to 4.3% in 2023.

However, as the role of business messaging evolves, the report urges operators to develop messaging firewalls to be deployed as part of a larger security value chain that protects operators over more channels than SMS alone. The report anticipates that RCS messaging will be a crucial technology over the next 4 years, and firewall vendors must tailor fraud detection and mitigation services to this technology.

Firewall Vendors to Compete on Messaging Technology Support

In turn, the report identified the Security-as-a-Service model as a key strategy for future firewall development. This business model includes providing managed security tools over multiple operator‑led technologies. It predicts that vendors will soon compete on the completeness of their multi‑format firewalls, including the efficiency of AI-based fraud detection solutions over multiple messaging technologies.

Report author Elisha Sudlow-Poole commented: “Operators must have the most effective tools to identify and mitigate future methods of messaging fraud regardless of messaging channel. However, they must outsource fraud detection services to experienced third-party solutions providers that benefit from the wealth of data that they derive from the traffic over multiple operator core networks.”

View the SMS Firewalls market research: https://www.juniperresearch.com/researchstore/operators-providers/sms-firewalls-market-research-report

Juniper Research provides research and analytical services to the global hi-tech communications sector, providing consultancy, analyst reports and industry commentary.

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Contact

For further details please contact:
Sam Smith
Press Relations
T: +44(0)1256 830002
E: sam.smith@juniperresearch.com

Source : Juniper Research