Day: April 24, 2023

Posted on

UBTECH Smart Elderly Care Solution honored as the winner of the 2023 Edison Awards™

FORT MYERS, FLORIDA, USA, April 24, 2023 (GLOBE NEWSWIRE) — FORT MYERS, FLORIDA, April 20, 2023– UBTECH, a leading global AI and robotics company, was honored the Bronze award of the 2023 Edison Awards™’ MedTech category for the distinguished innovation of its Smart Elderly Care Solution.

Known as the “Oscars of tech,” the Edison Awards™ is one of the oldest and most prestigious technology awards. It honors the most impactful brands and business leaders worldwide, with past winners including Steve Jobs, Elon Musk, General Motors, and Genentech, recognizing their excellence in service development, marketing, design, and innovation.

All nominations were reviewed by the Edison Awards Steering Committee with the final ballot determined by an independent judging panel. The panel is comprised of more than 3,000 senior business executives and academics from the fields of product development, design, engineering, science, marketing and education, as well as past winners.

UBTECH’s Smart Elderly Care Solution offers an enriched portfolio of intelligent robots to enhance the quality of life for seniors. In addition to using cutting-edge robotics technologies, the solution also leverages advanced artificial intelligence. And through UBTECH’s Smart Healthcare Cloud Platform, the Smart Elderly Care Solution creates a network that enables seamless integration of a variety of devices. This interconnect between hardware, network and people supports the seven key scenarios of smart elderly care: operational management, safety and security, health management, daily care, rehabilitation, mental and physical activities, and nutrition and diet.

“This is the industry’s comprehensive solution that combines advanced robotics and AI technology to assist seniors and their caregivers in nursing homes. Rather than providing services using isolated, individual products, we focus on addressing system-level challenges. By extensively applying AI technology, we vastly improved product performance to bring a richer, more optimized experience to the elderly and caregivers,” Henry Tan, Co-Chief Technology Officer of UBTECH and General Manager of UBTECH Healthcare, says, “It is an honor to have our Smart Elderly Care Solution be recognized by the Edison Awards™.”

According to the U.S. Census Bureau, starting in 2030, all baby boomers will be 65 and older. And by 2034, older adults will outnumber children for the first time in U.S. history. This forecast generates demand for efficient, comprehensive assistive care solutions.

Designed for accessibility, UBTECH’s Smart Elderly Care Solution portfolio accepts a multitude of inputs. Its smart sensors, working in parallel with its data platform, transform care from passive to proactive in assisting with daily tasks. And with rich interactive features, the solution can support seniors’ physical and mental well-being.

Moving into the smart care era, UBTECH provides people with an intelligent, independent, and convenient solution to raise the standard for the elderly care industry. Within the past year, UBTECH has released five service robots: Wassi, an intelligent walking assistance robot; VerCari, a containerized delivery robot; PathFynder, a smart wheelchair; AuCari, an open delivery robot; and Welli, a companion robot.

Due to its utility and innovation, UBTECH’s Smart Elderly Care Solution is garnering international interest. The PathFynder smart wheelchair is now exploring market in North America. In addition, UBTECH has worked with companies and partners to deliver and implement the solution in different facilities and scenarios. These successes are encouraging UBTECH to continue its mission to refine its technologies, pushing the industry forward to promote a higher quality of care.

As UBTECH expands its business globally, it expects to generate higher value and provide higher-quality services for seniors worldwide. By continuing to develop robotics and AI, the company aims to address the long-term challenge for society and create a new industry to boost the global economy.

About UBTECH

UBTECH, established in March 2012, is a leading AI and robotics company specializing in service robotics research, manufacturing, and marketing. Throughout the ongoing journey, from establishing an R&D center in North America focusing on the healthcare sector in 2019 focusing on applying solutions in various elderly-care scenarios, to releasing its global strategy for smart elderly-care in 2022, UBTECH has been a pioneer and leader in smart service robotic solutions. UBTECH is committed to the vision of transforming the healthcare industry and the sustainable development of the elderly-care economy with innovative technologies, together with industry partners.

Press contact

Jade Su

Senior PR Manager

Jade.su@ubtrobot.com

Attachments

Cindy Li
UBTECH ROBOTICS CORP LTD
cindy.li@ecoinst.ca

GlobeNewswire Distribution ID 8824058

Posted on

Duck Creek Technologies Unveils a “Who’s Who” Participating in the Insurance Industry’s Leading Conference for Tech Decision Makers, Formation ’23

The world’s leading insurance industry and technology minds gather in Orlando, FL, May 8-10, 2023

Boston, April 24, 2023 (GLOBE NEWSWIRE) — Duck Creek Technologies, the intelligent solutions provider defining the future of property and casualty (P&C) and general insurance, announces major sponsors, partners, and presenters joining the leading insurance technology decision makers for its upcoming marquee customer conference, Formation ’23. The event is being held May 8 through May 10, 2023, at Signia by Hilton Orlando Bonnet Creek in Orlando, Florida.

With a focus on cultivating a world-class event experience filled with rich content, industry networking opportunities and unforgettable activities, Formation ‘23 is all about “BUILDING TOGETHER.” Duck Creek will welcome the leading insurtech minds and industry professionals of all levels from across the globe in a high-energy environment with ample educational and networking opportunities focused on the latest trends and innovations empowering the insurance industry. Duck Creek is delighted to be joined on stage and in sessions by customers who will share their personal stories and first-hand experiences implementing Duck Creek and partner ecosystem innovations. Notable carriers presenting include Australia-based general insurers Argyle and Hollard, as well as Berkshire Hathaway Specialty Insurance, EMC Insurance Companies, GAINSCO Auto Insurance® (GAINSCO), Great American Insurance Group, Indigo Insurance Ltd., and Munich Reinsurance America, Inc.

“This year we have a record number of sponsorship commitments from more than 60 members of our partner ecosystem, including diamond sponsors Glia and LTIMindtree; platinum sponsors Coforge and EY; and gold sponsors Accenture, Aggne Global, Capgemini, Cognizant and Quadient,” said Rohit Bedi, Chief Revenue Officer, Duck Creek Technologies. “This is a testimony to the robust partner ecosystem Duck Creek has built to benefit our customers worldwide. We maintain strong relationships with industry leaders to provide complementary, distinct solutions and services to get our joint customers to market quickly.”

Notably, several influential industry analysts from Aite-Novarica Group (Aite-Novarica), Celent, Everest Group, Forrester, International Data Corporation (IDC) and ReSource Pro Consulting, will participate in various sessions as guest speakers. In particular, Aite-Novarica, Celent, and Forrester will come together to speak in a panel, “Building the future together,” to share how insurers must utilize technology to win in today’s market.

Attendees will get first look at Duck Creek’s latest product vision, strategy, and roadmap. “Duck Creek is committed to providing great products that enable insurers and their customers to thrive,” said Chief Product & Technology Officer Jess Keeney. “We believe great products are personal – delivered and supported through the research and development of humanized experiences. Insurance is more complex with more regulations than ever, and we provide our customers with better data and more technology to manage increased distribution channels and shifting demographics.”

The agenda and speaker line-up are now available on the conference website. For more information on Formation ‘23 or to register now for the year’s must-attend event, please visit https://www.duckcreek.com/formation/.

About Duck Creek Technologies

Duck Creek Technologies is the intelligent solutions provider defining the future of the property and casualty (P&C) and general insurance industry. We are the platform upon which modern insurance systems are built, enabling the industry to capitalize on the power of the cloud to run agile, intelligent, and evergreen operations. Authenticity, purpose, and transparency are core to Duck Creek, and we believe insurance should be there for individuals and businesses when, where, and how they need it most. Our market-leading solutions are available on a standalone basis or as a full suite, and all are available via Duck Creek OnDemand. Visit www.duckcreek.com to learn more. Follow Duck Creek on our social channels for the latest information – LinkedIn and Twitter.

Carley Bunch
Duck Creek Technologies
+1-201-962-6091
carley.bunch@duckcreek.com

GlobeNewswire Distribution ID 8813214

Posted on

Olymp Trade Held a Ramadan Charity Campaign

3,116 families in need received 10-kg food baskets

KINGSTOWN, SAINT VINCENT AND THE GRENADINES – Media OutReach – 24 April 2023 – Olymp Trade, a trading platform with over 80 million user accounts, has completed Every 1 Counts, a Ramadan charity campaign. The aim was to encourage the community of traders to support and help those in need.For every 100 trades made by the campaign participants, Olymp Trade committed to sponsoring one food basket for a disadvantaged family. The goal was to assemble 3,000 baskets and thus enable as many families to enjoy iftar meals.

Once Every 1 Count was over, Olymp Trade donated the resulting amount to the Misr El Kheir Foundation (MEK), a well-known Egyptian NGO. Since 2007, the foundation has been contributing to human development, intending to reduce poverty, illiteracy, unemployment, and disease.

Every 1 Count: Results
19,760 traders from Egypt and other MENA countries joined Olymp Trade’s Ramadan campaign. They collectively assembled 3,116 food baskets.

In April, MEK volunteers distributed more than 30,000 kg of food aid among 3,116 impoverished households during the Iftar Ramadan Charity Campaign. Additionally, they distributed 1,000 free hot meals to provide instant hunger relief.

On its official Facebook page, Misr El Kheir Foundation thanked Olymp Trade for supporting this charitable cause.

According to an Olymp Trade’s representative, the company considers the event successful and plans to organize such campaigns regularly in the future:

“So far, Olymp Trade has held several charity campaigns, including one in Egypt. But Every 1 Counts is unique because it directly engages so many of our users. Their collective activity on the platform boosted Olymp Trade’s donation to 1,000,000 EGP. We are really proud to make this contribution on behalf of the platform’s community. It’s yet another proof that trading is not limited to pursuing personal gain. It also has the potential to bring about positive social changes.”

 

Posted on

Ukrainian commander laments state of army – El Pais

Kiev needs more troops, ammunition and equipment to continue its military conflict with Moscow, Ukrainian Brigadier General Sergey Melnik told Spain’s El Pais in an interview published on Monday. Ukraine has already lost most of its professional soldiers as the conflict drags on, he admitted.

“The problem is that we have a lack of people and equipment,” said the general, who commands troops near the Russian border in Kharkov Region. “Professional soldiers… are already exhausted, injured or recovering. Or… dead,” he added.

Melnik said Kiev is now relying on “people without military experience,” who first need to be trained and have an “adequate [level of] preparation to face the enemy.” According to El Pais, the general also “stressed several times during the interview” that Ukraine needs more air-defense systems, citing the threat posed by Russian aircraft.

He also admitted that Kiev’s forces would need to gain massive superiority in manpower and firepower if they are to have any hope of succeeding with a planned counteroffensive. Ukraine will need “four to six times” as many troops as Moscow has fielded in its ongoing military campaign if it is to break through the defenses built by the Russian forces in their current positions, he told El Pais.

He claimed that Ukraine has “enough weapons” to launch the expected offensive but said the more weapons Kiev’s troops get from the West, the better.

Earlier in April, Ukrainian Prime Minister Denis Shmigal told The Hill that the much-touted Ukrainian counteroffensive may not get underway until summer. He also called on Kiev’s Western backers to provide it with more weapons, including fighter jets. He also said Ukraine needed “more artillery, ammunition” and missiles.

Meanwhile, the Wall Street Journal and New York Times reported that the US and other Western nations are struggling to meet Ukraine’s demands and are “falling short” of supplying Kiev with enough military equipment and ammunition.

A retired US Army colonel and former Pentagon adviser, Douglas Macgregor, also said this month that Russia was “winning” the fight in Ukraine as Kiev does not have enough resources for a successful offensive.

Source: Russia Today

Posted on

Extradition imbalance

On this episode of The Modus Operandi, host Manila Chan opens a pandora’s box on the topic of the US “extradition imbalance.” Manila is joined by investigative journalist Chris Hedges, who highlights several highly profiled extradition requests from the US, including that of WikiLeaks founder Julian Assange. Manila and Chris examine Washington’s quiet extradition request for a former US citizen living in Australia, who has been accused of violating American laws.

Source: Russia Today

Posted on

Defense spending in Europe back to Cold War levels – SIPRI

Europe’s military expenditure saw its sharpest year-on-year increase in at least 30 years in 2022, driven by the conflict in Ukraine, according to the Stockholm International Peace Research Institute’s (SIPRI) latest annual report. Meanwhile, total global military expenditure was up 3.7% in real terms, reaching a new height of $2.24 trillion.

Worldwide, the three biggest spenders last year were the United States, China and Russia, together accounting for 56% of the total. US spending dwarfed that of its geopolitical adversaries, however, reaching a total of $877 billion, while Beijing spent $292 billion and Moscow about $86.4 billion, according to SIPRI data.

The sharpest rise by far (13%) was seen in Europe, however, largely driven by Russian and Ukrainian spending, but also by ramped-up fears in neighboring states.

“Military aid to Ukraine and concerns about a heightened threat from Russia strongly influenced many other states’ spending decisions,” the report explained.

In Central and Western Europe, military expenditure surged to a total of $345 billion, surpassing in real terms the spend in 1989 as the Cold War drew to a close. Compared with more recent years, expenditure by these states was still 30% higher in 2022 than in 2013.

Russia’s military operation in Ukraine had an “immediate impact” on military spending decisions in the region, SIPRI noted. This was seen not just in short-term boosts but in “multi-year plans to boost spending from several governments,” Dr Diego Lopes da Silva, a senior researcher with SIPRI’s Military Expenditure and Arms Production Programme said.

Some of the biggest increases were witnessed in Finland (up 36%), Lithuania (up 27%) and Sweden (up 12%), the data shows.

In the US, the bulk of its increase in expenditure was accounted-for by the “unprecedented level of financial military aid it provided to Ukraine,” SIPRI said.

Notably, while Washington’s military aid to Ukraine last year totalled $19.9 billion – the largest sum given by any country to a single beneficiary since the Cold War – it still represented only 2.3% of the US’s total defense spending for the year.

Skyrocketing defense spending is “a sign that we are living in an increasingly insecure world,” according to Dr Nan Tian, another senior SIPRI researcher.

Source: Russia Today

Posted on

Kamikaze drone crashes east of Moscow – reports

A drone laden with explosives has crashed in a rural area east of Moscow, Russian media outlets reported on Monday. The aircraft was reportedly of Ukrainian design and carried some 17kg of C4 explosives.

The drone was discovered on Sunday in Bogorodsky district, which is 30km from the eastern outskirts of the Russian capital, TASS reported, citing a source in law enforcement.

News outlet SHOT said the drone had been identified as a Ukrainian-made UJ-22 Airborne. First presented to the public in 2021, this fixed-wing aircraft has a range of up to 800km or twice that distance if used for a one-way kamikaze mission. It can carry a payload of up to 20kg.

SHOT sources said the drone had apparently run out of fuel before crashing in Moscow Region. It was carrying 30 pieces of C4 explosive used by military engineers. The total weight of its cargo was estimated at 17kg, according to the report.

News channel MASH claimed that the payload had consisted of M112 block demolition charges produced in Canada. Images purportedly shot at the crash site and circulated on social media showed what appeared to be M112 charges.

Meanwhile, the Russian military fended off a naval drone attack on the port of Sevastopol overnight, Governor Mikhail Razvozhaev reported on Monday. One of the UAVs was destroyed by Russian fire, while another “exploded on its own” outside the city harbor, he said on social media.

Source: Russia Today