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Blockchain Companies Team Up To Track ESG Data

Two Houston-based blockchain technology companies— Data Gumbo and Topl—are collaborating to help corporations report timely and accurate environmental, social, and governance (ESG) data, including performance and proof of progress on metrics, while protecting sensitive data.
Houston-based blockchain technology firms Data Gumbo and Topl are partnering on private/public blockchain to help corporations track and report environmental, social, and governance (ESG) metrics. The integrated platform is expected to yield public-facing, accurate, and immutable reports for companies to showcase evidence-based progress on ESG metrics to outside audiences and broader key stakeholders, including public analysts, investors, and governments.
Continue reading: https://jpt.spe.org/blockchain-companies-team-up-to-track-esg-data

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How Will Artificial Intelligence Change Our Living Spaces?

People tend to desire changes, and that includes changes to their surrounding home spaces. The numbers speak for themselves — according to Global Marketing Insights, the home improvement market exceeded $762.9 billion in 2020 and will grow at 4.3% from 2021 to 2027.
Sometimes, the annual trip to Ikea for a new couch doesn't bring happiness anymore and a more radical intervention is required. Most people would engage a professional interior designer, but they're expensive, and it's hard to find the right one for your own style. Imagine an infinitely knowledgeable designer that serves thousands of clients — artificial intelligence doesn't have limits.
At some point, we'll all have a model of our living spaces.
In order to fully apply artificial intelligence technologies to home improvement, you must meet a few prerequisites. First of all, AI needs data, and it's fitting that we're slowly moving toward digital copies of everything we have, including our homes.
Continue reading: https://www.forbes.com/sites/forbestechcouncil/2021/09/30/how-will-artificial-intelligence-change-our-living-spaces/?sh=3106ed3320b6

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When AI and ESG collide

Like politics or religion, artificial intelligence is a topic that elicits strong opinions.
Many in the environmental and sustainability communities sing its praises as a technology for combating climate change, citing its superhuman ability to optimize the integration of renewables into electric grids, or to detect deforestation and other threats to biodiversity, or drive corporate resilience planning using extreme weather models. The list of potential applications is long.
I’m definitely guilty of singing that tune. The energy management system developed by cold storage warehouse company Lineage Logistics is one of my favorite examples to extol: When I wrote about it a couple of years ago, the company had managed to cut power consumption in half for facilities where it was deployed, saving customers at least $4 million along the way. What’s not to like?
In fact, it’s unusual to find a big business that isn’t at least thinking about using AI as a resource for automating all manner of tasks that would take homo sapiens far longer to handle manually (if they could handle it at all). At least half the executives surveyed in late 2020 by McKinsey said their companies already use AI for product development, service optimization, marketing and sales, and risk assessments.
Why does this matter for ESG concerns?
Continue reading: https://www.greenbiz.com/article/when-ai-and-esg-collide

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AI and Software Development: Let the Revolution Begin

“Software is eating the world,” Marc Andreessen so famously observed in 2011. Yet now in 2021, it’s time to add a new phrase to his famous truism: “and artificial intelligence is eating software.”
Clearly, artificial intelligence will alter the software business at every level: how applications will function, how they’ll evolve, even how they’re sold. But likely the most revolutionary of these changes is how applications are created.
The AI technology driving this change is called various things, but the phrase “AI-Augmented software engineering” is as good as any. You’ll see it perched at the top of Gartner’s chart of emerging technologies:
What is AI-Augmented software development? In short: it’s a system of development tools and platforms with AI built in that enables exponentially faster and better app creation than “hand” coding or traditional dev tools.
Among other advantages, the AI-driven system does the grunt work of laying out code; it can even predict or suggest code frameworks.
Continue reading: https://www.eweek.com/big-data-and-analytics/ai-and-software-development-let-the-revolution-begin/

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What's the difference between edge computing and decentralized computing?

Edge Computing is a decentralized, distributed computing infrastructure that has evolved with the growth of the internet of things. 
Due to their similar names and the general unawareness of advanced computing, some people tend to think that decentralized computing and edge computing are similar.
But, both types of computing are different and complementary to each other. When combined together as decentralized edge computing, they can perform tasks that cannot be achieved individually.
What's Edge Computing?
Edge computing is the deployment of computing and storage resources at the location where data is produced. According to Gartner, edge computing is part of a distributed computing topology in which information processing is located close to the edge—where things and people produce or consume that information. Edge computing is transforming the way data is being handled, processed, and delivered from millions of devices around the world. 
What's Decentralized Computing?
Decentralized computing is the allocation of resources, both hardware and software, to each individual workstation, or office location.
Continue reading: https://www.bbntimes.com/technology/what-s-the-difference-between-edge-computing-and-decentralized-computing

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Market opportunities for 5G, IoT and edge compute

There is an increasingly important link between 5G, IoT and edge compute, with each having implications for the success of the other, says Guy Matthews, editor of NetReporter. So believes Jeremiah Caron, global head of research & analysis with the Technology Group of independent analyst firm GlobalData.
“IoT has been around for a while now, enabled by existing networking technologies,” he explains. “But now there are a number of different elements coming into play on the network side, and also on the compute side. We have analytics and AI entering the mix. It all means that IoT is complemented by new solutions such as 5G network services and edge computing capabilities, together driving a more highly automated, cleaner, safer, and more productive industrial and business world. We’re on the cusp of something faster, more real-time, more embedded into all business processes.”
After a bumpy start for 5G, Caron thinks that momentum is picking up, with work ongoing in the area of standards, as well as with auctions around the world for spectrum: “The next standard from the 3GPP is going to be 5G-Advanced, which will take things to the next level, to that place that we’ve been talking about for four years on the enterprise side,” he says. “And there’s been a lot of effort on private 5G networking to match.”
Continue reading: https://www.vanillaplus.com/2021/09/30/63948-market-opportunities-for-5g-iot-and-edge-compute/

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Schneider Electric standardizes EcoStruxure micro data centers on Stratus Edge Computing platforms

Stratus Technologies, a global leader in simplified, protected, autonomous Edge Computing platforms, announced that Schneider Electric has released EcoStruxure Micro Data Center architectures standardized on Stratus Edge Computing platforms to accelerate the move of traditional data center capabilities to the factory floor. The new micro data center architectures integrate Stratus’ fault tolerance and virtualization with Schneider Electric’s uninterrupted power to consolidate software workloads and run critical equipment with no downtime. Jointly developed, the micro data centers are fully tested, validated, and available with pre-loaded software to reduce engineering complexity for System Integrators (SI).
Industry 4.0 Micro Data Centers for Automation and Control The Schneider Electric EcoStruxure Micro Data Center with Stratus ftServer enables end users to move data center operations to the edge, bringing computing power close to critical equipment to solve data latency and bandwidth issues. Stratus ftServer’s virtualization enables end users to concurrently run monitor and control, on-premises historian, manufacturing execution, asset performance management, and automated material handling applications as well as advanced AI and ML applications. Purpose-built for the operational environment, the unit is physically protected in a single enclosure.
Continue reading: https://www.designworldonline.com/schneider-electric-standardizes-ecostruxure-micro-data-centers-on-stratus-edge-computing-platforms/

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Computing on the ‘edge’: Q&A with EDJX’s co-founder John Cowan

Just last week, Raleigh-born edge-computing startup (pronounced Edge-X) announced that it’s partnering with Cubic Corporation to unveil what it calls the “the world’s first Internet of Military Things Edge Platform.”
The platform – which promises to bring real-time, low-latency computing to the battlefields — is being launched from the Autonomy Institute Alpha Lab at Texas Military Department’s Camp Mabry in Austin, Texas. It’s part of the institute’s Public Infrastructure Network Node (PINN) rollout announced earlier this year that relies on EDJX for its main infrastructure.
And that’s just one vertical.
WRAL TechWire’s Chantal Allam recently had the chance to sit down for a chat with its CEO and co-founder John Cowan. Here’s what he had to say:
Continue reading: https://www.wraltechwire.com/2021/09/29/computing-on-the-edge-qa-with-edjxs-co-founder-john-cowan/

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Companies look to accelerate development of reliable and secure IoT products

Variscite, a System on Module vendor in the embedded market, is partnering with Sequitur Labs, a security company that provides a complete chip-to-cloud software solution, to enable secure device design, manufacturing, and lifecycle management.
The collaboration will look to deliver a complete security solution for customers using Variscite's i.MX8 based System on Module (SoM) for IoT and Artificial Intelligence (AI) applications. While billions of internet devices are expected to be online in the next few years, the IoT market is not secure, with about half of IoT vendors having experienced a security breach at least once. Without the right security framework, each connected device is a target for malicious attacks. Sequitur's EmSPARK Security Suite and EmPOWER cloud services have been developed to help IoT vendors to address these security issues, starting from the early design stage throughout the product lifecycle. Combined with Variscite's trusted SoM solutions, customers will now be able to focus on developing and releasing more secure IoT products more quickly and at low risk.
Continue reading: https://www.newelectronics.co.uk/electronics-news/companies-look-to-accelerate-development-of-reliable-and-secure-iot-products/240859/

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What Video Doorbells Have to Teach Us About the Difficulties of IoT Security

The Amazon-owned smart home product manufacturer Ring recently announced that it’s strengthening the security of its Internet of Things (IoT) motion-detecting doorbell cameras by offering end-to-end encryption (E2EE) for streaming video footage. There’s a catch, though. Users who opt to turn on E2EE will find that they need to make major tradeoffs. Convenience and usefulness drop if they want to enjoy the privacy benefits of E2EE. That highlights one of the problems with IoT security — balancing privacy with the device’s purpose.
That tradeoff is familiar for the people tasked with protecting IoT environments, especially in industrial settings. Today, manufacturers gather new data streams (such as audio and video content) on the factory floor. They can also insert new control tools (such as voice control and wireless headsets) into processes. As they do so, they need to keep this data close at hand for processing. But it must also be kept safe.
Ring Doorbell Highlights IoT Risks
Ring has a long history of IoT security and privacy issues. In some of those incidents, threat actors used the camera’s two-way talk function to harass customers. In the best-known of these incidents, a widely-shared video shows a faceless man taunting an eight-year-old girl from the Ring security camera that her family had installed in her bedroom.
Continue reading: https://securityintelligence.com/articles/what-video-doorbells-teach-us-difficulties-iot-security/

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Totum to connect indoor IoT devices to satellites

Totum’s satellite communicated with a terrestrial endpoint located in a San Diego office building, demonstrating a miniature omnidirectional antenna.
US-based satellite connectivity start-up Totum has announced the successful indoor operation of its direct-to-satellite IoT connectivity solution. Based on Totum’s wireless technology, which provides unprecedented reach from space, the demonstration showcased bidirectional communication between a fully integrated system-on-a-chip (SoC) and Totum’s low-earth orbit (LEO) satellite. 
The terrestrial endpoint was located in a San Diego office building, and in contrast to high-gain directional antennas typically required by satellite modems, the demonstration made use of a miniature omnidirectional antenna.
Continue reading: https://satelliteprome.com/news/totum-to-connect-indoor-iot-devices-to-satellites/

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Ericsson : IoT Cloud Connect simplifies connecting cellular IoT devices to AWS

Ericsson's new Cloud Connect service, an integrated component of the Ericsson Internet of Things (IoT) Accelerator, makes it easy for enterprises to securely connect cellular devices to public cloud IoT endpoints such as AWS IoT Core.
Engineer working on network management and network optimization.
With an estimated five billion cellular IoT devices to be in use by the end of 2026, according to the Ericsson Mobility Report (June 2021), enterprises are increasingly outsourcing device authentication and data management to public cloud providers such as Amazon Web Services (AWS).
Enterprises on Ericsson IoT Accelerator-managing cellular devices such as sensors, meters, or tracking devices now have a much simpler way to connect to the already secure AWS server through Ericsson's IoT Accelerator Cloud Connect, which moves complex encryption from the device to the edge of the cellular network.
Companies across multiple sectors have welcomed the capability.
Continue reading: https://www.marketscreener.com/quote/stock/ERICSSON-6494918/news/Ericsson-IoT-Cloud-Connect-simplifies-connecting-cellular-IoT-devices-to-AWS-36545124/

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IoT vulnerabilities should be a wake-up call for organizations

IoT devices have exploded over the last several years due to the increase in individuals working from home and the rapid move towards a more connected experience for many industries. IoT has enabled workers to perform tasks allowing them to work remotely, contributing to the need for more and more devices to operate while not on-premise, expanding the network. According to analysts at IDC, IoT spending in Europe is expected to reach $202 billion in 2021, and with the arrival of 5G, it will continue to experience double-digit growth through 2025. Despite this mass adoption, there is a clear downside: IoT devices are creating a new, broader attack surface, exposing end users and enterprises to unknown vulnerabilities in environments where connected devices are pervasive.
One of the biggest challenges today is that IoT devices are hard to monitor and secure. For example, cyber security solutions are sometimes far too complex for low-power sensors used on production lines, many of them use outdated software which lack encryption and some devices only connect sporadically. On top of this, unauthorized or third-party IoT devices open up additional attack vectors which organizations might not have visibility into. All of these elements make it a labor-intensive nightmare to discover, manage, and protect.
Continue reading: https://www.information-age.com/iot-vulnerabilities-should-be-wake-up-call-for-organisations-123497071/

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Rising Penetration of IoT & AI technologies in the farming sector will drive IoT in Agriculture Market Growth

The global IoT in Agriculture Market size is expected to reach USD 30.8 billion by 2028, registering a CAGR of 10.6% over the forecast period, according to the latest report by Reports and Data. Major factors driving market revenue growth are the growing demand for agricultural output, increasing penetration of Internet of Things (IoT) & Artificial Intelligence (AI) technologies in the farming sector, and increasing government support for adoption of latest agricultural technologies along with growing focus on livestock monitoring to enhance efficiency in farming.
Internet of Things plays a critical role in increasing agricultural productivity. IoT technologies can solve agricultural problems and maximize the quantity and quality of agricultural production by linking farms via a shared network and providing them with information sharing, storage, and review options. In agriculture, the Internet of Things (IoT) is combined with advanced technological tools, equipment, and solutions to increase operational performance and minimize energy waste. In IoT-based smart farming, a system is designed to monitor crop field and automate irrigation system using sensors such as light, temperature, and humidity.
Continue reading: https://techbullion.com/rising-penetration-of-internet-of-things-iot-artificial-intelligence-ai-technologies-in-the-farming-sector-will-drive-iot-in-agriculture-market-growth/

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Internet of Things uptake within the agricultural sector rapidly increasing

The uptake of Internet of Things technology in the agricultural sector is at an inflection point.
But many in the sector are still wondering what exactly is IoT.
In a nutshell, IoT is where objects like weather stations and soil moisture monitors are fitted with sensors and software. These objects can then be connected to other devices to exchange data via the internet or other communications networks.
But IoT is progressing beyond simply a weather station talking to a mobile phone, and industries are now creating digital versions of entire supply chains.
Inmarsat market development director Steven Tompkins said increasingly businesses were wanting to track goods in real-time from 'field to fork' to better manage quality and reduce waste.
It's a space Inmarsat have been interested in for a long time; the company owns and operates 14 satellites in geostationary orbit to provide internet access across the world, including in rural Australia.
Continue reading: https://www.farmweekly.com.au/story/7447550/agricultures-interconnected-future/?cs=5150

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How to Leverage AI to Get the Most from Your Company’s Data

As the pace of change continues to accelerate, there is a divergence between organizations that successfully leverage their data as a strategic asset and those that don’t. A  2019 The Wall Street Journal article highlighted that most corporate executives felt their AI efforts would be hindered by poor data quality.
Leveraging data to make decisions may sound obvious, but many organizations still have organizational and process silos that inhibit them from effectively leveraging their data.
Separately, 83% of organizations see data as an integral part of their business strategy, yet 69% say inaccurate data continues to undermine their efforts, according to Experian.
Building Blocks to Unlock Data Success
Inconsistent processes and data silos extract a massive, sometimes hidden cost that personifies itself in suboptimal decision making and missed opportunities today. These inefficiencies are compounded when organizations look to leverage artificial intelligence and machine learning (AI/ML) solutions since data is the fuel required to train and run the algorithms. Too often, data scientists and engineers spend significant time and resources cleansing data before an AI/ML model can yield tangible benefits, and this can lead to elongated timelines, increased costs, and overall missed expectations.
CompTIA’s AI Advisory Council has identified six key building blocks to help enable better usage of data and unlock future, advanced capabilities such as AI/ML across the enterprise:
  1. Establish alignment between corporate strategy and required data: It sounds obvious, but many organizations fail to explicitly align their corporate strategy with their technology and digital strategies, including the supporting data needs. Doing so helps you clarify the gaps that need to be addressed and relative priorities, and arguably there is not a single more pervasive technology than AI/ML. Today’s corporate strategies should have a clear understanding of how AI/ML can drive value across the enterprise or where AI/ML will disrupt their business.
  2. Identify and prioritize use cases: Similar to the first point, the strategic alignment exercise should have several prioritized use cases that unlock business capabilities. Organizations that have a mature data infrastructure should explore AI/ML use cases as an opportunity to experiment and learn what is possible. As the organization matures, higher value use cases and tangible results should become apparent. Organizations that don’t have the foundation in place, should focus on a set of foundational projects that unlock these desired capabilities. The interdependencies of foundational uses cases and advanced capability uses cases should communicate a cogent plan for executive alignment and funding.
  3. Assemble the right team: Organizations should take stock in the current team, and then consider a people strategy, which includes reuse/repurpose existing resources, upskilling/training, hiring, or renting third party skills. As mentioned above, some organizations might simply need their third-party IT service partner to provide the IT skills to model data or implement the software. As the organization matures, there are several new roles to be considered in a data driven culture – data scientist, data engineers, and others. Depending on the size of the organization and needs there may need to be new groups formed to enable the data driven culture. Examples include an AI center of excellence or a cross functional automation team.
    [/LIST=1]
    Continue reading: https://connect.comptia.org/blog/how-to-leverage-ai-to-get-the-most-from-your-company-s-data

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HER take on women in technology

Sarah Mascher Wallace, a diversity, equity and inclusion program analyst at CBRE, founded the Women in Tech group at the University of Iowa.
Sarah Mascher Wallace considers herself an accidental IT professional. She was studying math when she accepted a student job at the University of Iowa’s ITS Help Desk, which led to a full-time job in the IT department. But her interest in tech has always been running in the background.
“When I was growing up, I’d figure out how to use our home computer and then teach my mom,” she said.
Some parts of her career have been strikingly similar to those moments growing up. As an app developer (and later a business intelligence analyst) at the U of I, one of her tasks was to take work that was being done on paper and transform it into a digital process. But for that to be successful, she had to patiently teach people how to use the apps she developed.
Continue reading: https://www.thegazette.com/special-sections/her-take-on-women-in-technology/

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A late career route into tech

Although I have always been interested in technology, fascinated by how it can improve and accelerate the way we work and live, whenever I was asked the question “where do you see yourself in 5 years” – I never considered tech an option for me. My family were determined that, because of my gender, a technical or creative career was not an option.
Previously, I worked for an international bank, which provided me with stability and job security throughout the pandemic. During this time, I started coding with friends, developing a number of mini applications. It was just for fun at first, but it eventually turned into something I felt passionate about and wanted to turn into a career.
Many people thought it was crazy to leave a stable job and enter a completely new industry, all amid a global pandemic. It was a risky move, but despite the fact I had no previous tech experience or related degree, I knew it was right for me.
Continue reading: https://www.computerweekly.com/blog/WITsend/A-late-career-route-into-tech

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The Challenges Of Raising Capital For Business Owners In The Femtech Industry

Julia Slanina is the Founder and CEO of Treehouse Medical, which strives to empower women and women’s health issues through femtech software. Treehouse Medical does so by building a digital care management platform designed to help allied maternal healthcare providers support their clients through an accessible and innovative community.
Treehouse Medical works with clinics, sole practitioners, agencies, and health care networks interested in offering their client network an integrative tech solution for the maternal-fetal and early childhood community.
The femtech space is up and coming and supports the health of women through technology. Treehouse Medical’s mission is to tackle some of the world’s most significant issues in healthcare, starting with building a leading care management solution for the maternal health community.
Continue reading: https://www.forbes.com/sites/melissahouston/2021/09/29/the-challenges-of-raising-capital-for-business-owners-in-the-femtech-industry/?sh=41580f907266

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In Her Own Words: Precisely’s Tendü Yogurtcu wants to empower more women

As we continue to struggle with the Delta variant of COVID-19, women are questioning what else we can and should be doing. Tendu Yogurtu has spent much of career dealing with issues facing women in technology but even as she oversees technology at Precisely, a global leader in data integrity, she wonders what else she should be doing for women.
"As a woman who has been in the technology industry for over 25 years, I have seen firsthand the challenges facing women. We have been talking about these challenges and low rates of women representation in the technology industry for decades now. It’s an uphill battle to not be seen as a “woman in technology” but to be seen as a “person in technology” that excels at her job. Factor in the unforeseen events of a global pandemic, suddenly pushing to shatter glass ceilings within the tech industry is not the only issue at hand. 2020 was a year of destruction, loss, social injustice, economic turmoil, and immense heartbreak across an entire globe.
Personally, and I am certain I’m not alone when I say this, the last year was by all accounts, tremendously hard. As a C-suite executive every day has a sense of habitualness and grind. There is truly no time for introspection between non-stop travel and client meeting after client meeting. When Covid-19 abruptly disrupted our lives, time almost stopped. No more client meetings, internal meetings, friendly conversations at the office, and certainly no sense of routine.
Continue reading: https://www.bizjournals.com/bizwomen/news/latest-news/2021/09/in-her-own-words-preciscely-s-tend-yogurtcu.html?page=all

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Wingcopter drones fly blood samples in Germany

Wingcopter drones recently transported blood samples 26 kilometers (16 miles) between Greifswald and Wolgast, Germany. The flights were carried out by Greifswald University Medical Center in cooperation with DRF Luftrettung and Wingcopter as part of the MV|LIFE|DRONE Challenge (MVLD-Challenge) project of the hospital’s Department of Anesthesiology.
The  project, funded by the German Federal Ministry of Health and the Ministry of Energy, Infrastructure and Digitalization of Mecklenburg-West Pomerania, is a partnership between University Medical Center Greifswald and DRF Luftrettung. The goal of the project is to improve structures of regional emergency care by integrating unmanned aerial vehicles (UAS, Unmanned Aerial Systems) into the rescue chain and into medical emergency transports.
Continue reading: https://www.gpsworld.com/wingcopter-drones-fly-blood-samples-in-germany/

IAA clears test flights for delivery drones in Irish skies

The Irish Aviation Authority has cleared the way for test flights of an unmanned or pilotless drone delivery service in Ireland.
Skyports, which is among the frontrunners in the field of cargo drone deliveries, has obtained a Light UAS Operator Certificate (LUC) from the Irish Aviation Authority.
This will permit it the ability to self-authorize beyond visual line of sight (BVLOS) drone flights and will be the first such certificate issued by an EU regulator.
This development will potentially have huge benefits down the line for such areas as medical, maritime and logistics sectors, with Skyports looking to build on recent high-profile successes in the UK.
This includes projects such as the UK’s first Covid-19 test drone delivery service in Scotland, for the NHS, and the operation of an inter-island medical drone delivery service between the Isles of Scilly for Royal Mail.
Continue reading: https://www.irishexaminer.com/news/arid-40709654.html

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Inside Innovation: Hydrogen-powered drones increase aerial surveillance options

The announcement of a technology partnership between Doosan Mobility Innovation (DMI) and automated analytics provider AI Clearing broadens the horizon for aerial drone capabilities. Doosan’s hydrogen-powered drones are capable of staying airborne for up to two hours, a dramatic increase over devices powered by lithium batteries. Coupled with their ability to carry more data sensing hardware, longer flight times will reduce the need for multiple flights, thereby increasing efficiency.
“Companies that have come to realize business value derived through data gathered by drones are increasingly demanding longer flight times,” says Doo Soon Lee, DMI’s CEO.
From a data standpoint, Taco Engelaar, AI Clearing’s chief commercial officer, says their proprietary software when installed in the drones makes near real-time insights possible, rather than transmitting data to a ground base for processing.
It sounds very exciting. However, it again brings the question builders and designers must ask themselves: “What is the best option for my aerial visualization needs — in-house, third party, or a combination of the two?”
Continue reading: 
https://canada.constructconnect.com/dcn/news/technology/2021/09/inside-innovation-hydrogen-powered-drones-increase-aerial-surveillance-options

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How the case for drone delivery expanded beyond parcels

Daniel Silva remembers being an intern at Amazon in the summer of 2014, months after founder Jeff Bezos unveiled the company's plans for drone delivery service via Amazon Prime Air.
"At the time, it seemed like we were going to start seeing drones delivering packages within a year," said Silva, now an industrial and systems engineering professor at Auburn University.
Yet progress has been slow, even for a company of Amazon's stature. In 2016, Prime Air made its first successful drone delivery, which took place in the U.K. Last year, it received Federal Aviation Administration clearance for drone delivery on a rural test range. Parcel-carrying drones haven't filled the skies just yet.
"We are actively flying and testing and it will take time and more hard work before our operations are ready to scale," Amazon says on its website regarding Prime Air. "We're excited about this technology and one day using it to deliver packages to customers around the world in 30 minutes or less."
Continue reading: https://www.supplychaindive.com/news/drone-delivery-faa-flytrex-matternet-amazon-last-mile/606662/

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Artificial Intelligence: Poised To Transform The Massive Construction Industry

In May, Procore Technologies launched its IPO and the shares jumped by 31%. The company, which operates a leading cloud-based platform to manage construction projects, has over 800 customers and the ARR (Annual Recurring Revenue) is more than $400 million.
But if you look at the S-1 filing, there are some interesting details about the construction industry. For example, the investment in technologies has generally lagged (this is based on research from McKinsey) and the levels are only more than for agriculture and hunting. 
“The construction industry has historically been comprised of fragmented project teams which used complex work processes that were executed in siloed systems,” said Karthik Venkatasubramanian, who is the Global Vice President of Data Strategy and Development at Oracle Construction and Engineering. “Given the hands-on nature of construction work, the industry has traditionally relied on human experience and expertise to complete projects, and the potential benefits of adopting technologies were often overshadowed.”
Yet things are starting to change. One of the biggest catalysts has been the impact of the COVID-19 pandemic, which has meant much more urgency for adopting digital solutions. 
“Venture capital investment continues to flow into the space,” said Lauren Weston, who is an associate at Thomvest Ventures.
But COVID-19 is just one of the factors. Some of the others include the increase in infrastructure investments from governments, the chronic labor shortages, the need for sustainable solutions, and supply-chain disruptions.
Continue reading: https://www.forbes.com/sites/tomtaulli/2021/09/29/ai-artificial-intelligence-poised-to-transform-the-massive-construction-industry/?sh=44bef8f91eba

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