Palette

New SiMa.ai MLSoC Development Kit Evaluates Edge ML Models Within Hours

Retrieved on: 
Thursday, December 14, 2023

The MLSoC Development Kit empowers developers to compile and evaluate their machine learning (ML) models in hours and create proof-of-concept use cases in days.

Key Points: 
  • The MLSoC Development Kit empowers developers to compile and evaluate their machine learning (ML) models in hours and create proof-of-concept use cases in days.
  • The development kit operates as a stand-alone platform for demonstrations and seamlessly transforms into a PCIe card for effortless integration into desktop and industrial PCs.
  • The development kit provides options for a pre-configured e-con Systems ethernet camera, SiMa led onsite or virtual service that is tailored to meet the needs of developers at any stage of their edge ML development journey.
  • ML developers can use the development kit for many use cases such as people detection, tracking and human pose estimation.

Teleflex Completes Acquisition of Palette Life Sciences

Retrieved on: 
Tuesday, October 10, 2023

WAYNE, Pa., Oct. 10, 2023 (GLOBE NEWSWIRE) -- Teleflex Incorporated (NYSE:TFX), a leading global provider of medical technologies, today announced that it has completed the previously announced acquisition of Palette Life Sciences AB.

Key Points: 
  • WAYNE, Pa., Oct. 10, 2023 (GLOBE NEWSWIRE) -- Teleflex Incorporated (NYSE:TFX), a leading global provider of medical technologies, today announced that it has completed the previously announced acquisition of Palette Life Sciences AB.
  • The acquisition adds Barrigel®, a biodegradable sculptable rectal spacer, to Teleflex’s Interventional Urology portfolio.
  • On July 26, Teleflex announced its entry into a definitive agreement to acquire Palette.
  • The acquisition is expected to be approximately $0.25 dilutive to adjusted earnings per share (excluding non-recurring purchase accounting items and other acquisition and integration related costs) in 2023.

OYO Reports its first net profit at RM9 million

Retrieved on: 
Thursday, October 12, 2023

In a letter to the company's top management, founder Ritesh Agarwal shared that Q2 FY2024 has turned out to be company's maiden profitable quarter with profit after tax (PAT) of over RM9 million (approx).

Key Points: 
  • In a letter to the company's top management, founder Ritesh Agarwal shared that Q2 FY2024 has turned out to be company's maiden profitable quarter with profit after tax (PAT) of over RM9 million (approx).
  • Agarwal, during an employee town hall earlier this year, also shared that OYO expects to clock Adjusted EBITDA of nearly RM455 million in FY2024.
  • Its Adjusted Gross Profit Margin rose to 43% of revenue, and its Adjusted Gross Profit increased by 23% to RM1333 million in FY23 from RM1088 million in FY22.
  • Recently, global ratings agency Moody's (Moody's Investors Service) shared that it expects OYO to remain EBITDA positive for FY24.

Spectro Cloud Announces Qualcomm Ventures Investment to Accelerate Edge and AI Innovation at Scale

Retrieved on: 
Thursday, September 14, 2023

Spectro Cloud, a leading platform provider of modern Kubernetes management, today announced an investment led by Qualcomm Ventures.

Key Points: 
  • Spectro Cloud, a leading platform provider of modern Kubernetes management, today announced an investment led by Qualcomm Ventures.
  • Spectro Cloud is a leader in helping organizations realize the true potential of Kubernetes and its related ecosystem across any datacenter, cloud, or edge environment, at scale.
  • “We could not be more excited to welcome Qualcomm Ventures to the Spectro Cloud family,” said Tenry Fu, Spectro Cloud CEO and co-founder.
  • Qualcomm Ventures is joined in this round of funding by NEC and Translink Orchestrating Future Fund, plus existing Spectro Cloud investors.

Spectro Cloud’s New Palette EdgeAI™ Solution Helps Organizations Realize the Potential of AI Augmented Applications at the Edge

Retrieved on: 
Thursday, September 14, 2023

Furthermore, the exposed security posture of edge locations is problematic given that AI workloads often handle sensitive data and critical intellectual property.

Key Points: 
  • Furthermore, the exposed security posture of edge locations is problematic given that AI workloads often handle sensitive data and critical intellectual property.
  • The new Palette EdgeAI solution offers a rich suite of capabilities to address specific requirements throughout the lifecycle of edge infrastructure and AI software stacks.
  • “The edge is the natural environment for AI inference workloads,” said Tenry Fu, CEO of Spectro Cloud.
  • "When it comes to deploying our applications securely and easily to the edge, we trust Spectro Cloud's Palette."

SiMa.ai Debuts Palette Edgematic for Anyone to Simplify and Scale ML Applications at the Embedded Edge

Retrieved on: 
Tuesday, September 12, 2023

With Palette Edgematic, SiMa is delivering an onramp to AI and ML at the edge via a no-code approach to creating, evaluating and fine-tuning ML applications from anywhere in the world via a secure browser.

Key Points: 
  • With Palette Edgematic, SiMa is delivering an onramp to AI and ML at the edge via a no-code approach to creating, evaluating and fine-tuning ML applications from anywhere in the world via a secure browser.
  • ML applications evaluated and developed with Palette Edgematic can later be deployed and executed on a SiMa Developer or Production board .
  • With the release of Palette Edgematic, SiMa.ai is pioneering a new normal in ease of use for edge AI and ML.
  • A real game changer in embedded computer vision application development!”
    Current SiMa.ai Palette customers will automatically receive access to Palette Edgematic and prospective customers can apply for access to Palette Edgematic here .

SiMa.ai Surpasses the Industry ML Leader Again in the MLPerf™ Closed Edge ResNet50 Benchmark

Retrieved on: 
Monday, September 11, 2023

SiMa.ai , the machine learning company delivering solutions for the embedded edge, today announced the results of its second MLPerf submission , outperforming industry ML leader NVIDIA’s Orin NX and AGX Orin in the Closed Edge power category in the MLCommons® ML Perf 3.1 benchmark.

Key Points: 
  • SiMa.ai , the machine learning company delivering solutions for the embedded edge, today announced the results of its second MLPerf submission , outperforming industry ML leader NVIDIA’s Orin NX and AGX Orin in the Closed Edge power category in the MLCommons® ML Perf 3.1 benchmark.
  • SiMa.ai participated in the MLPerf™ Inference 3.1 closed, edge, power division of this benchmarking process, focusing on the image classification benchmark ResNet50.
  • "Outperforming the industry leader not only once, but again for a second time is great validation for our technology.
  • As the company advances its technology, it remains focused on delivering solutions that are cutting-edge, performant, sustainable, and efficient.

41% of companies face sales team retention problems due to poor sales compensation practices, according to new research from Palette

Retrieved on: 
Tuesday, August 1, 2023

NEW YORK, Aug. 1, 2023 /PRNewswire-PRWeb/ -- According to new research from Palette, "The State of Sales Compensation 2023," the majority of companies have suboptimal sales compensation practices, with 41% facing retention problems among sales reps. While sales compensation is the single most important factor in motivating sales reps, 25% report that reps don't understand their commission plans. Other highlights from the study include:

Key Points: 
  • NEW YORK, Aug. 1, 2023 /PRNewswire-PRWeb/ -- According to new research from Palette, " The State of Sales Compensation 2023 ," the majority of companies have suboptimal sales compensation practices, with 41% facing retention problems among sales reps.
  • While sales compensation is the single most important factor in motivating sales reps, 25% report that reps don't understand their commission plans.
  • The study found that the majority of companies surveyed are laggards in sales compensation, with suboptimal plans and outdated administration practices.
  • Regarding overall competitiveness with sales compensation, only 16% of companies felt they exceeded industry standards for sales compensation, with 41% agreeing they faced sales team retention issues specifically due to suboptimal compensation plan structures.

New Spectro Cloud Palette Version 4.0 Helps Organizations Simplify and Accelerate Application Modernization at Scale, Providing a Unified Platform to Support VM, Container and Hybrid Environments

Retrieved on: 
Tuesday, July 18, 2023

Spectro Cloud, a leading provider of modern enterprise Kubernetes management, today announced a major release of its award-winning management platform, Palette.

Key Points: 
  • Spectro Cloud, a leading provider of modern enterprise Kubernetes management, today announced a major release of its award-winning management platform, Palette.
  • Kubernetes has rapidly matured and, with its vibrant ecosystem, has emerged as the modern application platform spanning multiple computing environments.
  • As part of the forthcoming 2023 State of Production Kubernetes report, Spectro Cloud surveyed 333 IT professionals that work with Kubernetes in production.
  • You can learn more about Spectro Cloud Palette and schedule a demo of all the new capabilities at spectrocloud.com.

Spectro Cloud brings open, secure Kubernetes management to government organizations with Palette VerteX

Retrieved on: 
Tuesday, July 18, 2023

Spectro Cloud announces new Palette VerteX Edition and new Spectro Cloud Government practice to meet the growing need for powerful management and security for Kubernetes (K8s) in the public sector.

Key Points: 
  • Spectro Cloud announces new Palette VerteX Edition and new Spectro Cloud Government practice to meet the growing need for powerful management and security for Kubernetes (K8s) in the public sector.
  • Today Spectro Cloud announces a new edition of its award-winning Palette Kubernetes management platform to meet the needs of these government and public sector organizations, and other industries where security and compliance are paramount.
  • “We developed Palette VerteX with extensive input from government agencies and customers, along with our public sector team’s decades of experience in delivering secure IT to government,” said Dave Cope, CRO of Spectro Cloud.
  • Our message to government is this: Spectro Cloud is here, and we’re ready to accelerate your mission.”
    Public sector Kubernetes experts are invited to see the Palette platform in action and meet with Spectro Cloud Government leaders at upcoming government and Kubernetes events.