E.ON

FPT Software and E.ON Strengthen Partnership, Eyeing Offshore Delivery Opportunity

Retrieved on: 
Wednesday, August 23, 2023

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20230823357599/en/
    Leaders of FPT Software and E.ON at FPT Software’s campus in Hanoi, Vietnam (Photo: Business Wire)
    In light of Vietnam’s potential as an emerging digital nation and the existing partnership with FPT Software, E.ON shows consideration for opening an offshore development center (ODC) in Vietnam in such fields as SAP, DevOps, Data Analytics, AI.
  • In response to this opportunity, FPT Software plans to leverage its best-shore delivery model through an extensive network across Europe and Asia to provide E.ON with round-the-clock support, cost-effectiveness and workforce scalability.
  • During their five-year collaboration, FPT Software and E.ON have joined forces in several projects in SAP, ServiceNow, Sitecore, DevOps, Application Development, Testing and Cloud.
  • FPT Software also supported E.ON One, the energy transition digital solution provider under E.ON, in their sustainable energy consumption project.

Rob Markey Joins Forethought's Board of Directors, Strengthening Leadership in Generative AI for Customer Service

Retrieved on: 
Tuesday, August 15, 2023

Forethought , the leading generative AI for customer support automation, today announced the appointment of Rob Markey to its Board of Directors.

Key Points: 
  • Forethought , the leading generative AI for customer support automation, today announced the appointment of Rob Markey to its Board of Directors.
  • "Forethought's technology demonstrates how AI solutions can provide better and more reliable customer service while removing routine or mundane tasks from customer interactions.
  • "We are thrilled to welcome Rob Markey to our Board of Directors," said Deon Nicholas, CEO and Co-Founder of Forethought.
  • "His profound understanding of customer loyalty and his influential work in the field of customer experience align perfectly with Forethought's vision to transform customer service using cutting-edge AI technology.

Sandbrook Capital, Alongside PSP Investments and IMCO, Announces Agreement to Acquire NeXtWind, a Leading German Renewable Energy Company

Retrieved on: 
Wednesday, August 9, 2023

Following the transaction and with a significantly strengthened balance sheet, NeXtWind will be well positioned to execute on its strategy of acquiring and repowering German wind assets and becoming a leading renewable energy company in Germany and beyond.

Key Points: 
  • Following the transaction and with a significantly strengthened balance sheet, NeXtWind will be well positioned to execute on its strategy of acquiring and repowering German wind assets and becoming a leading renewable energy company in Germany and beyond.
  • Germany is the largest onshore wind market in Europe with ~58GW of installed capacity at the end of 2022.
  • It manages a diversified global portfolio composed of investments in capital markets, private equity, real estate, infrastructure, natural resources, and credit investments.
  • Headquartered in Ottawa, PSP Investments has its principal business office in Montréal and offices in New York, London and Hong Kong.

Extreme Networks Reports Fourth Quarter and Fiscal Year 2023 Financial Results

Retrieved on: 
Wednesday, August 2, 2023

Extreme Networks, Inc. (“Extreme”) (Nasdaq: EXTR) today released financial results for its fiscal year and fourth quarter ended June 30, 2023.

Key Points: 
  • Extreme Networks, Inc. (“Extreme”) (Nasdaq: EXTR) today released financial results for its fiscal year and fourth quarter ended June 30, 2023.
  • "Extreme delivered a year of exceptional performance, with revenue growth accelerating to 31% in the fourth quarter and 18% overall for the year," said Ed Meyercord, President and Chief Executive Officer.
  • Extreme has never been in a more robust financial position, and I am encouraged about our future prospects."
  • Fiscal Q4 2023 and Full Year 2023 Financial Metrics:

Eurelectric: 2040 targets must be ambitious but realistic

Retrieved on: 
Tuesday, June 20, 2023

Europe's success hinges, however, on critical enablers including the electricity market reform, permitting, grids, and industrial competitiveness.

Key Points: 
  • Europe's success hinges, however, on critical enablers including the electricity market reform, permitting, grids, and industrial competitiveness.
  • Climate action, energy independence and reindustrialisation call for an ambitious, yet realistic well-balanced decarbonisation strategy for Europe.
  • Underlining the industry commitment to climate neutrality, Eurelectric's President and E.ON CEO, Leonhard Birnbaum said:
    "The EU has highly ambitious targets for 2030.
  • The step change we achieve already this decade will determine our success in delivering any target we might set ourselves for 2040.

Eurelectric: 2040 targets must be ambitious but realistic

Retrieved on: 
Tuesday, June 20, 2023

Europe's success hinges, however, on critical enablers including the electricity market reform, permitting, grids, and industrial competitiveness.

Key Points: 
  • Europe's success hinges, however, on critical enablers including the electricity market reform, permitting, grids, and industrial competitiveness.
  • Climate action, energy independence and reindustrialisation call for an ambitious, yet realistic well-balanced decarbonisation strategy for Europe.
  • Underlining the industry commitment to climate neutrality, Eurelectric's President and E.ON CEO, Leonhard Birnbaum said:
    "The EU has highly ambitious targets for 2030.
  • The step change we achieve already this decade will determine our success in delivering any target we might set ourselves for 2040.

Trusted Energy Interoperability Alliance (TEIA) to Showcase Secure Digital Energy Interoperability at Eurelectric Power Summit 2023

Retrieved on: 
Friday, June 16, 2023

The world’s leading digital systems interoperability standard for the energy industry, TEIA ( Trusted Energy Interoperability Alliance ) announced today that it will showcase the power of secure interoperability between energy data and IoT device services at the Eurelectric Power Summit 2023 in Brussels from June 20th to 21st, 2023.

Key Points: 
  • The world’s leading digital systems interoperability standard for the energy industry, TEIA ( Trusted Energy Interoperability Alliance ) announced today that it will showcase the power of secure interoperability between energy data and IoT device services at the Eurelectric Power Summit 2023 in Brussels from June 20th to 21st, 2023.
  • Launched in early June by E.ON , Intertrust , JERA , and Origin Energy to provide open standards for secure interoperability in multi-vendor OT/IT digital energy systems, TEIA aims to bring together the energy industry and energy software and hardware makers to provide systems that can securely operate together, with minimal system integration.
  • Open specifications for security technologies are critical for collaboration that promotes interoperability and minimizes vendor lock in.
  • TEIA is open to energy companies, technology & service providers and other organizations involved in the energy industry.

The 2023 Climate Solutions Prize, JNF Canada, The Climate Solutions Prize Organization, Start-Up Nation Central and KKL-JNF Join Forces to Award Prizes Worth over $2M to Israeli Solutions Combatting the Climate Crisis Through Innovation and Research

Retrieved on: 
Thursday, June 15, 2023

Launched in 2020, CSP is the most comprehensive initiative established to support Israeli research and innovation addressing climate change.

Key Points: 
  • Launched in 2020, CSP is the most comprehensive initiative established to support Israeli research and innovation addressing climate change.
  • The Breakthrough Research Prize proposes to galvanize Israel, also known as the Start-Up Nation, to curb the climate crisis.
  • The 2023 Israeli Climate Tech Landscape Map details leading companies with solutions addressing the climate crisis.
  • For all information about the Climate Solutions Prize, please visit www.climatesolutionsprize.com
    View original content to download multimedia: https://www.prnewswire.com/news-releases/the-2023-climate-solutions-priz...

IBM Quantum Computer Demonstrates Next Step Towards Moving Beyond Classical Supercomputing

Retrieved on: 
Wednesday, June 14, 2023

One of the ultimate goals of quantum computing is to simulate components of materials that classical computers have never efficiently simulate.

Key Points: 
  • One of the ultimate goals of quantum computing is to simulate components of materials that classical computers have never efficiently simulate.
  • But today's quantum systems are inherently noisy and they produce a significant number of errors that hamper performance.
  • In their experiment, the IBM team demonstrates that it is possible for a quantum computer to outperform leading classical simulations by learning and mitigating errors in the system.
  • As IBM expands its quantum technology stack, research institutions and private-sector leaders are mobilizing across industries for which quantum holds immediate potential.

IBM Quantum Computer Demonstrates Next Step Towards Moving Beyond Classical Supercomputing

Retrieved on: 
Wednesday, June 14, 2023

One of the ultimate goals of quantum computing is to simulate components of materials that classical computers have never efficiently simulate.

Key Points: 
  • One of the ultimate goals of quantum computing is to simulate components of materials that classical computers have never efficiently simulate.
  • But today's quantum systems are inherently noisy and they produce a significant number of errors that hamper performance.
  • In their experiment, the IBM team demonstrates that it is possible for a quantum computer to outperform leading classical simulations by learning and mitigating errors in the system.
  • As IBM expands its quantum technology stack, research institutions and private-sector leaders are mobilizing across industries for which quantum holds immediate potential.