Kin

MongoDB Expands Collaboration with Google Cloud to Help Customers Across Industries Deploy and Scale New Classes of Applications

Retrieved on: 
Tuesday, April 9, 2024

LAS VEGAS, April 9, 2024 /PRNewswire/ -- MongoDB, Inc. (NASDAQ: MDB) today at Google Cloud Next '24 announced an expanded collaboration with Google Cloud to make it even easier and more cost-effective to build, scale, and deploy generative AI applications using MongoDB Atlas Vector Search and Vertex AI from Google Cloud, along with additional support for data processing with BigQuery. The companies are also collaborating on new industry solutions for retail and manufacturing, with deeper product integrations and solutions to provide a seamless development environment for creating engaging shopping experiences and data-driven applications for smart factories. For customers looking to run workloads that use highly sensitive data, MongoDB Enterprise Advanced (EA) is now available on Google Distributed Cloud (GDC).

Key Points: 
  • For customers looking to run workloads that use highly sensitive data, MongoDB Enterprise Advanced (EA) is now available on Google Distributed Cloud (GDC).
  • We look forward to continuing to grow our partnership as more customers choose MongoDB and Google Cloud to enhance their businesses with new classes of generative AI applications."
  • "MongoDB and Google Cloud have already helped thousands of joint customers successfully build and deploy applications with MongoDB Atlas on Google Cloud.
  • The expanded collaboration between MongoDB and Google Cloud now allows customers to:
    Seamlessly isolate and scale generative AI applications for high performance and efficiency: MongoDB Atlas Search Nodes—now generally available on Google Cloud—provide dedicated infrastructure for generative AI and relevance-based search workloads that use MongoDB Atlas Vector Search and MongoDB Atlas Search.

Governments of Canada and British Columbia working together to bring high-speed Internet to more than 7,500 households

Retrieved on: 
Tuesday, March 5, 2024

The governments of Canada and British Columbia are taking action to improve connectivity for underserved communities.

Key Points: 
  • The governments of Canada and British Columbia are taking action to improve connectivity for underserved communities.
  • The federal and provincial funding commitments made today are part of an existing agreement between the governments of Canada and British Columbia.
  • These investments will provide reliable high-speed Internet access to more than 7,500 underserved homes in communities across British Columbia."
  • This agreement represents a plan to connect all remaining rural households in British Columbia to high-speed Internet through a total combined investment of up to $830 million.

Tussell and techUK name Kin + Carta in top ten fastest-growing technology companies in UK public sector

Retrieved on: 
Tuesday, January 30, 2024

LONDON, Jan. 30, 2024 /PRNewswire/ -- Global digital transformation consultancy Kin + Carta has today been ranked the sixth fastest-growing technology company in the UK public sector on Tussell and techUK's prestigious Tech200 list for 2023. This marks the consultancy's debut on the list.

Key Points: 
  • Launched in 2021, the Tech200 is an annual list collated by Tussell , a leading analyst of public sector procurement data, and techUK , the UK technology trade association, showcasing the top 200 fastest-growing technology companies in the UK public sector.
  • Kin + Carta was identified as one of the fastest-growing public sector technology suppliers, recording a 1015% growth in direct public sector revenue during this period.
  • Kin + Carta's public sector portfolio includes collaborations with large central government departments, arms-length bodies, executive agencies, and a prominent public service broadcaster.
  • The UK public sector was one of Kin + Carta's fastest-growing practices in 2023 and this growth is set to continue in 2024."

Kin Increases Gross Written Premium by 63% Year-Over-Year, Surpasses $270M in 2023

Retrieved on: 
Monday, November 13, 2023

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20231113476147/en/
    Q3 2023 Financial Summary for Kin (Graphic: Business Wire)
    Kin finished the third quarter of 2023 with $77.8 million in gross written premium and $24.2 million in total revenue.
  • Kin’s premium in force also jumped to $325.5 million in the third quarter of 2023, an increase of 60% over the prior-year comparative period.
  • The adjusted loss ratio for the Kin Interinsurance Network, net of XOL recoveries, was 32.5% through the third quarter of 2023.
  • Non-cat adjusted loss ratio2 was 17.4% in the third quarter of 2023, just slightly above the all-time low of 17.3% in the first quarter of 2023.

Kin + Carta Formally Announce Partnership with Databricks

Retrieved on: 
Tuesday, November 7, 2023

CHICAGO, Nov. 7, 2023 /PRNewswire/ -- Kin + Carta , the global digital transformation consultancy, has formally announced its partnership with Databricks , the data and AI company.

Key Points: 
  • CHICAGO, Nov. 7, 2023 /PRNewswire/ -- Kin + Carta , the global digital transformation consultancy, has formally announced its partnership with Databricks , the data and AI company.
  • This partnership, which is the culmination of a joint work that started in 2018, has seen Kin + Carta data scientists and engineers receive training from Databricks' specialists, aiding them in helping enterprises unify data and AI workloads for more meaningful insights.
  • As a Databricks partner, Kin + Carta will have the capability to build bespoke, data and AI-driven solutions ranging from traditional reporting pipelines to custom machine learning optimization applications.
  • Dan Telling, Managing Director of Strategic Partnerships at Kin + Carta commented: "At Kin + Carta, expanding our data practice through our partnership with Databricks is not just a strategic move; it's a testament to our commitment to delivering innovation.

Kin lands $33M in fresh financing from investors

Retrieved on: 
Wednesday, September 13, 2023

The funding was led by QED Investors with participation from returning investors Geodesic Capital, Allegis Capital, Hudson Structured Capital Management Ltd. (doing its reinsurance business as HSCM Bermuda), and Alpha Edison.

Key Points: 
  • The funding was led by QED Investors with participation from returning investors Geodesic Capital, Allegis Capital, Hudson Structured Capital Management Ltd. (doing its reinsurance business as HSCM Bermuda), and Alpha Edison.
  • Investor confidence in Kin continues to climb due to its unique business strategy and market focus, which have produced systematic, capital efficient growth.
  • Financial: Kin generates stable, recurring revenue by providing management services to two reciprocal exchanges, while shielding investors from direct insurance risk.
  • We believe that Kin will be known as the defining company of the insurtech 2.0 era.”

Kin + Carta: AI triggers deep tech anxiety for senior leaders, reveals new research

Retrieved on: 
Tuesday, September 5, 2023

This anxiety is on the rise as the pace of digital and technological change accelerates, and is prompting top executives to invest more in digital transformation, according to the survey.

Key Points: 
  • This anxiety is on the rise as the pace of digital and technological change accelerates, and is prompting top executives to invest more in digital transformation, according to the survey.
  • "Tech anxiety" is defined as the feeling senior leaders have as a result of the rapid pace of advancements in technology that are causing concern when it comes to how their business operates.
  • And three-quarters (75%) of leaders believe that further investment in digital transformation initiatives is necessary within the next 12 months to combat this anxiety.
  • Kin + Carta's research highlights that the potential disruption and ethical implications associated with AI and machine learning, in particular, are substantial.

Kin + Carta: AI triggers deep tech anxiety for senior leaders, reveals new research

Retrieved on: 
Tuesday, September 5, 2023

This anxiety is on the rise as the pace of digital and technological change accelerates, and is prompting top executives to invest more in digital transformation, according to the survey.

Key Points: 
  • This anxiety is on the rise as the pace of digital and technological change accelerates, and is prompting top executives to invest more in digital transformation, according to the survey.
  • "Tech anxiety" is defined as the feeling senior leaders have as a result of the rapid pace of advancements in technology that are causing concern when it comes to how their business operates.
  • And three-quarters (75%) of leaders believe that further investment in digital transformation initiatives is necessary within the next 12 months to combat this anxiety.
  • Kin + Carta's research highlights that the potential disruption and ethical implications associated with AI and machine learning, in particular, are substantial.

Kin + Carta Wins Google Cloud Industry Solution Services Partner of the Year Award for Retail Digital Growth

Retrieved on: 
Tuesday, August 29, 2023

CHICAGO, Aug. 29, 2023 /PRNewswire/ -- Kin + Carta announced today that it received a 2023 Google Cloud Industry Solution Services Partner of the Year Award for Retail Digital Growth.

Key Points: 
  • CHICAGO, Aug. 29, 2023 /PRNewswire/ -- Kin + Carta announced today that it received a 2023 Google Cloud Industry Solution Services Partner of the Year Award for Retail Digital Growth.
  • Kin + Carta is continuing to provide clients with Google Cloud solutions like Recommendations AI, Vision API Product Search, Google Analytics, Vertex AI and Looker.
  • "We're delighted to recognize Kin + Carta  as a 2023 Google Cloud Partner Award winner, and look forward to a continued strong partnership in support of our mutual customers."
  • Robbie Clews , Senior Director of Google Cloud at Kin + Carta commented, "Kin + Carta has a long history of helping retailers transform their businesses through digital transformation and we are grateful to be recognized by Google Cloud for the impact we've made."

Kin + Carta Wins Google Cloud Industry Solution Services Partner of the Year Award for Retail Digital Growth

Retrieved on: 
Tuesday, August 29, 2023

CHICAGO, Aug. 29, 2023 /PRNewswire/ -- Kin + Carta announced today that it received a 2023 Google Cloud Industry Solution Services Partner of the Year Award for Retail Digital Growth.

Key Points: 
  • CHICAGO, Aug. 29, 2023 /PRNewswire/ -- Kin + Carta announced today that it received a 2023 Google Cloud Industry Solution Services Partner of the Year Award for Retail Digital Growth.
  • Kin + Carta is continuing to provide clients with Google Cloud solutions like Recommendations AI, Vision API Product Search, Google Analytics, Vertex AI and Looker.
  • "We're delighted to recognize Kin + Carta  as a 2023 Google Cloud Partner Award winner, and look forward to a continued strong partnership in support of our mutual customers."
  • Robbie Clews , Senior Director of Google Cloud at Kin + Carta commented, "Kin + Carta has a long history of helping retailers transform their businesses through digital transformation and we are grateful to be recognized by Google Cloud for the impact we've made."