Investment in UK-based IOTech to Support Expansion in US and North America WHO Announces Licensing Agreements to Promote Equitable Distribution of COVID-19 Tests and Vaccines Activist Group Protests Use of Driverless Cars in San Francisco TurboTenant Launches AI Listing Assistant to Revolutionize Rental Property Management Open Banking Gains Traction, Bringing Benefits and Risks UTB Joins Executive Committee of OPDA to Drive Innovation in Home Buying and Mortgage Process TGS Launches Cloud-Based Solution to Revolutionize Energy Data Management
Published: 2023-08-29Dell Technologies Capital has made an investment in IOTech, a UK-based firm that specializes in open-source software solutions for industrial edge devices. This funding will support IOTech’s expansion in the US and North America, allowing the company to reach a wider audience with its innovative software. By monitoring physical capital through sensors and analyzing the data in the cloud, IOTech’s software helps businesses make informed decisions and improve their operations. With notable clients such as Accenture and Johnson Controls, IOTech is already making waves in the industry.
In the world of healthcare, the World Health Organization (WHO) has announced three new licensing agreements on its COVID-19 Technology Access Pool (C-TAP) platform. These agreements involve the transfer of vaccine technologies, ensuring a more equitable distribution of tests and vaccines. The WHO believes that these agreements will significantly contribute to global efforts against the pandemic. By sharing knowledge and intellectual property, the C-TAP platform promotes transparency and accessibility in the fight against COVID-19.
On a different note, an anonymous activist group called Safe Street Rebel is protesting against the use of driverless cars in San Francisco. By placing traffic cones on the vehicles, the group aims to draw attention to the potential dangers and negative impacts of autonomous vehicles. While companies like Cruise and Waymo claim that their vehicles are safer than human drivers, these protests highlight the need for further development and consideration of the technology.
In the realm of real estate, TurboTenant, a leading landlord software, has launched an AI listing assistant that allows landlords to create personalized and fair-housing compliant property descriptions in seconds. Powered by OpenAI, this tool generates captivating listing descriptions by leveraging open-source data and unique qualities that appeal to renters. With over 550,000 independent landlords using TurboTenant’s solutions, this AI listing assistant is set to revolutionize the industry and streamline the rental property management process.
Open banking, a financial innovation that aims to democratize banking, is gaining traction. By securely sharing customer data through APIs, open banking allows for personalized and tailored financial services. It offers benefits such as sound financial decisions, improved customer lending, competition and cost efficiency, fraud detection, and expedited fund transfer services. However, it also comes with risks, including data privacy and security concerns. To successfully implement open banking, stakeholders must consider regulatory frameworks, customer consent and control, data security and privacy, interoperability and standardization, cybersecurity and risk management, testing and piloting, and capacity building and education.
In the UK, the first trade association for open property data, OPDA, has announced that UTB has joined its Executive Committee. OPDA aims to improve the home buying and mortgage process by driving innovation and collaboration in the industry. UTB’s involvement will bring a lending technology and mortgage data perspective to shape the future development of data standards for specialist lending. This partnership is seen as a key milestone in delivering a digital, data-driven home buying process and improving the experience for consumers and industry participants.
Lastly, TGS has launched TGS Data Verse, a cloud-based solution that aims to revolutionize energy data management. This platform offers a comprehensive suite of tools and technologies to help energy companies efficiently handle their data, streamline workflows, accelerate decision-making processes, and unlock new levels of efficiency. With advanced data analysis and decision-making tools, TGS Data Verse helps companies uncover patterns and insights within their data, leading to more informed and strategic decisions.
These are just a few examples of how open data, transparency, and accessibility are shaping various industries. By embracing open data and leveraging the power of information, businesses and organizations can make better decisions, improve operations, and create a more transparent and accessible world for all.
https://venturebeat.com/automation/dells-vc-arm-backs-industrial-edge-software-maker-iotechs-expansion-to-north-america/Related news on 2023-08-29
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