Persistent

Avalanche Technology Announces Two New Products in Its Upgradeable Small Form Factor Family of Gb STT-MRAM For Aerospace Applications

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월요일, 3월 25, 2024

FREMONT, Calif., March 25, 2024 /PRNewswire-PRWeb/ -- Avalanche Technology, the leader in next generation MRAM technology, announced today two new densities of its 3rd generation space-grade parallel asynchronous x32-interface high-reliability P-SRAM (Persistent SRAM) memory devices, based on its latest Spin Transfer Torque Magneto-resistive RAM (STT-MRAM) technology.

Key Points: 
  • With this development, Avalanche Technology is leading an evolution toward a new level of performance versus cost for modern space electronic systems.
  • "We welcome the addition of Avalanche's higher densities in the same physical footprint.
  • With the new 8Gb P-SRAM device, customers can design unified memory architecture systems for high reliability aerospace applications, all in one small form factor."
  • All density options in Avalanche's Parallel x32 Space Grade series will be available to customers participating in the early access program.

Persistent Systems opens office near F. E. Warren AFB to support Regional Operating Picture program

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화요일, 3월 12, 2024

NEW YORK, March 12, 2024 /PRNewswire/ -- Persistent Systems, LLC ("Persistent"), a leader in mobile ad hoc networking (MANET), announced today that it has opened a new office in Wyoming servicing F. E. Warren Air Force Base, in support of U.S. Air Force Global Strike Command's Regional Operating Picture (ROP) program.

Key Points: 
  • Persistent Systems CEO Dr. Herbert Rubens participated in a ribbon cutting ceremony to mark the office opening.
  • Last March, the service awarded Persistent Systems a $75.5 million contract to install ROP across F. E. Warren and two other Air Force bases.
  • This office marks the third new brick and mortar facility that Persistent has stood up to more closely support the US Air Force.
  • The new office is also less than an hour away from Persistent's larger office in Fort Collins, Colorado which increases Persistent's presence in the region.

Meeting of 6-7 March 2024

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금요일, 4월 5, 2024

We find that banks experiencing large deposit outflows reduce credit, but not the interest rate they charge, to the same borrower relative to other lenders.

Key Points: 
  • We find that banks experiencing large deposit outflows reduce credit, but not the interest rate they charge, to the same borrower relative to other lenders.
  • This credit restriction is stronger for fixed rate and longer maturity loans, but not for riskier borrowers.

Debate on: Is the inflation surge over and what are the lessons for monetary policy?

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수요일, 4월 3, 2024

Shocks to the shortages variable are constructed as deviations in the values from the sample mean.

Key Points: 
    • Shocks to the shortages variable are constructed as deviations in the values from the sample mean.
    • Shocks to the vacancy-to-unemployment ratio (labour market variable) are constructed
      as the actual value minus the value in the fourth quarter of 2019.
    • ?Indirect impact of energy prices on non-energy inflation? is the sum of the indirect effects of oil,
      gas and electricity prices.
    • 3

      Historical
      Rubric comparison of inflation episodes in the euro area ? headline and core
      Headline

      Core

      (percentage points)

      (percentage points)
      Current euro area episode
      Past global episodes

      Current euro area episode
      Past global episodes
      2

      2

      0

      0

      -2
      -4

      -2

      -6
      -8

      -4

      -10
      -12

      -24

      -18

      -12

      -6

      0

      6

      12

      18

      -6

      24

      Months around inflation peak

      -24

      -18

      -12
      -6
      0
      6
      12
      Months around inflation peak

      18

      Sources: BIS, Eurostat and ECB calculations.

    • The dark blue line represents the latest developments in headline and core inflation for the euro area, relative to the October
      2022 peak.
    • Non-energy industrial goods inflation refers to a panel of all euro area countries, while services inflation refers to
      a panel of 30 AEs and 28 EMEs.
    • Month = 0 is when the headline inflation value is at the highest during that particular episode.
    • The dark blue line represents the latest developments
      in non-energy industrial goods and services inflation for the euro area, relative to the October 2022 peak.
    • unprocessed
      food and energy

      HICPX

      8
      3.0

      3.0

      2.5

      2.5

      2.0

      2.0
      1.5

      1.5
      1.0
      Feb-24

      Jul-24

      1.0
      Dec-24 Feb-24

      Jul-24

      8

      7

      7

      6

      6

      5

      5

      4

      4

      3

      3

      2

      2

      1

      1

      Adjusted
      measures

      Difference
      4

      3

      2

      1

      0
      0
      0
      Feb-24 Jan-23 Jul-23 Jan-24
      Jan-23 Jul-23 Jan-24
      Feb-24 Jan-23 Jul-23 Jan-24
      Feb-24

      Dec-24

      Sources: Eurostat, March 2024 ECB staff short-term inflation outlook, Consensus
      Economics, Bloomberg and ECB calculations.

    • The ?adjusted?
      measures abstract from energy and supply-bottleneck shocks using a large SVAR, see
      Ba?bura, Bobeica and Mart?nez-Hern?ndez (2023), ?What drives core inflation?
    • Notes: 5-days moving average risk-neutral
      probabilities of inflation implied by five-year and tenyear zero-coupon inflation options.
    • 16

      8

      12
      Quarters

      16

      20

      Policy
      Rubriccounterfactuals
      Interest rate under alternative
      counterfactuals

      Counterfactual impacts on
      Inflation

      (percentages per annum)

      (annual percentage change)

      Baseline
      Earlier and longer
      Earlier, longer and higher

      8

      Baseline

      7
      6
      5
      4
      3
      2
      1
      0
      -1
      2021Q4

      2022Q4

      2023Q4

      2024Q4

      Earlier, longer and higher

      10

      2

      8

      0

      6

      -2

      4

      -4

      2

      -6

      0

      -8

      -2

      2025Q4

      Earlier and longer

      Output gap

      (p.p.

    • The RHS chart displays the impact on inflation (first panel) and output gap (second panel) for each of the hypothetical alternative paths of the interest
      rate.
    • As a caveat, financial feedback loops as well as feedback loops between inflation expectations and inflation are not activated.

Piero Cipollone: The confidence to act: monetary policy and the role of wages during the disinflation process

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수요일, 4월 3, 2024

This box investigates how households have responded to the 2021-23 inflationary episode using evidence from the ECB’s Consumer Expectations Survey.

Key Points: 
  • This box investigates how households have responded to the 2021-23 inflationary episode using evidence from the ECB’s Consumer Expectations Survey.
  • The findings suggest that households have primarily adjusted their consumption spending to cope with higher inflation.

Persistent Accelerates Digital Engineering with AI-Powered SASVA™ Platform

Retrieved on: 
목요일, 3월 7, 2024

SANTA CLARA, Calif. and PUNE, India, March 7, 2024 /PRNewswire/ -- Persistent Systems (BSE: PERSISTENT) and (NSE: PERSISTENT), a global Digital Engineering and Enterprise Modernization leader, announced the launch of SASVA, a pioneering manageable and secure enterprise AI platform leveraging Large Language Models (LLMs) and Machine Learning (ML) to accelerate software releases, with faster time-to-market, and improved efficiency. SASVA is derived from the Sanskrit word Shashvatah, meaning timelessness, ensuring continual improvement across the ever-changing software landscape. SASVA will be embedded into software engineering to efficiently address distinct use cases by preventing technical debt in new development, minimizing accumulated technical debt in mid- to late-stage software, and addressing complex scenarios in software sustenance and specialized industries with enterprise scale.

Key Points: 
  • Traditional software engineering methods rely heavily on time-consuming manual tasks, often leading to technical debt due to dependencies on individual expertise and institutional knowledge.
  • Sandeep Kalra, Chief Executive Officer and Executive Director, Persistent:
    "We're proud to introduce SASVA, a groundbreaking platform that will revolutionize the software engineering and maintenance life cycle.
  • Persistent's strategic move with SASVA shows their dedication to future-proofing Digital Engineering.
  • With SASVA, Persistent recognizes the strategic importance of accelerated innovation with an AI platform to help customers navigate the product and engineering complexity.

Persistent Accelerates Digital Engineering with AI-Powered SASVA™ Platform

Retrieved on: 
목요일, 3월 7, 2024

SANTA CLARA, Calif. and PUNE, India, March 7, 2024 /PRNewswire/ -- Persistent Systems (BSE: PERSISTENT) and (NSE: PERSISTENT), a global Digital Engineering and Enterprise Modernization leader, announced the launch of SASVA, a pioneering manageable and secure enterprise AI platform leveraging Large Language Models (LLMs) and Machine Learning (ML) to accelerate software releases, with faster time-to-market, and improved efficiency. SASVA is derived from the Sanskrit word Shashvatah, meaning timelessness, ensuring continual improvement across the ever-changing software landscape. SASVA will be embedded into software engineering to efficiently address distinct use cases by preventing technical debt in new development, minimizing accumulated technical debt in mid- to late-stage software, and addressing complex scenarios in software sustenance and specialized industries with enterprise scale.

Key Points: 
  • Traditional software engineering methods rely heavily on time-consuming manual tasks, often leading to technical debt due to dependencies on individual expertise and institutional knowledge.
  • Sandeep Kalra, Chief Executive Officer and Executive Director, Persistent:
    "We're proud to introduce SASVA, a groundbreaking platform that will revolutionize the software engineering and maintenance life cycle.
  • Persistent's strategic move with SASVA shows their dedication to future-proofing Digital Engineering.
  • With SASVA, Persistent recognizes the strategic importance of accelerated innovation with an AI platform to help customers navigate the product and engineering complexity.

Rheinmetall Canada, Inc., joins Persistent Systems Wave Relay® Ecosystem

Retrieved on: 
수요일, 3월 6, 2024

NEW YORK     , March 6, 2024 /PRNewswire/ -- Persistent Systems ("Persistent"), the world leader in mobile ad hoc networking (MANET), announced today that Rheinmetall Canada, Inc., part of the German Rheinmetall group, has signed a long-term agreement (LTA) with Persistent.

Key Points: 
  • NEW YORK , March 6, 2024 /PRNewswire/ -- Persistent Systems ("Persistent"), the world leader in mobile ad hoc networking (MANET), announced today that Rheinmetall Canada, Inc., part of the German Rheinmetall group, has signed a long-term agreement (LTA) with Persistent.
  • As part of the LTA, Rheinmetall Canada's Mission Master autonomous unmanned ground vehicles (UGVs) and Path autonomy kit (A-Kit) will join Persistent's Wave Relay® Ecosystem, an alliance of platform providers utilizing the Wave Relay® MANET as their data/comms network.
  • The Wave Relay® MANET is already standard equipment on more than 20,000 unmanned systems supplied by leading platform providers.
  • Now Rheinmetall Canada joins that Ecosystem with the following platforms:
    The Mission Master SP, a flatbed autonomous UGV with a low-signature electric motor for stealthy operation.

U.S. Navy customer awards $3.6 million contract to Persistent Systems

Retrieved on: 
목요일, 2월 15, 2024

NEW YORK, Feb. 15, 2024 /PRNewswire/ -- Persistent Systems, LLC ("Persistent"), a leader in Mobile Ad Hoc Networking (MANET) technology, announced that the company was awarded a $3.6 million contract to supply Naval Information Warfare Center, Pacific with MPU5 MANET radios, to be integrated with various US Navy sensors.

Key Points: 
  • NEW YORK, Feb. 15, 2024 /PRNewswire/ -- Persistent Systems, LLC ("Persistent"), a leader in Mobile Ad Hoc Networking (MANET) technology, announced that the company was awarded a $3.6 million contract to supply Naval Information Warfare Center, Pacific with MPU5 MANET radios, to be integrated with various US Navy sensors.
  • Besides this solicitation, Persistent Systems has supported other recent Navy efforts.
  • For example:
    In June, the company supported Tomahawk Robotics on a $55 million contract to upgrade Navy explosive ordinance disposal UGVs.
  • The continuous involvement of the company in Navy contracts and experiments demonstrates "a high level of confidence the service has in our solutions," Leopold noted.