Motive

Motive Study Finds Physical Operations Businesses are Facing Losses, See AI as the Way to Recover

Retrieved on: 
Wednesday, December 6, 2023
Technology, Transport, Oil, Gas, Software, Energy, Internet, Logistics, Supply Chain Management, Data Management, Artificial Intelligence, Fraud, Safety, Research, AI, Accident, CINT, Management, Cryptocurrency, Motive

44% of physical operations leaders say fraud has a big financial impact on their business but they aren’t sure how to find it.

Key Points: 
  • 44% of physical operations leaders say fraud has a big financial impact on their business but they aren’t sure how to find it.
  • 80% of leaders agree that having a single, end-to-end solution to manage physical operations would make their job easier.
  • From addressing labor shortages to boosting visibility and road safety, AI is becoming critically important for managing physical operations.
  • 69% of physical operations leaders think AI will have a positive impact on their jobs and nearly a third expect AI to address labor shortages.

Trailer and Cargo Container Tracking Report 2023: Installed Base of Active Cargo Tracking Units to Reach 27 Million by 2027 - ResearchAndMarkets.com

Retrieved on: 
Tuesday, November 28, 2023
Transport, Logistics, Supply Chain Management, Intermodal transport, Internet of things, ULD, BlackBerry, TGI, ORBCOMM, ZF, Projection, Growth, SkyBitz, Backoffice, Rail freight transport, Solera, CalAmp, PowerFleet, Motive

Tracking devices for cargo carrying units are permanently or temporarily installed while general cargo tracking devices are typically placed with the cargo during transport.

Key Points: 
  • Tracking devices for cargo carrying units are permanently or temporarily installed while general cargo tracking devices are typically placed with the cargo during transport.
  • The market for trailer, container, rail freight wagon, ULD, pallet and general cargo tracking solutions is served by a wide range of players.
  • The report estimates that shipments of tracking devices with cellular or satellite communications capabilities for cargo carrying units reached 2.9 million units worldwide in 2022.
  • Yearly device shipments in this category will grow from 7.4 million units in 2022 to reach 28.2 million units in 2027.

Cascade Environmental Enhances Operational Efficiency and Improves Cost Management With the Adoption of the Motive Card

Retrieved on: 
Thursday, November 16, 2023
Technology, General Automotive, Fleet Management, Finance, Automotive, Trucking, Banking, Professional Services, Artificial Intelligence, Transport, Software, Other Automotive, Hardware, Data Management, Spend, Analysis, Safety, International Fuel Tax Agreement, Fraud, Mastercard, Fleet management, AI, Online shopping, Motive

Motive, the only fully unified Integrated Operations Platform for the physical economy, today announced that Cascade Environmental , the largest drilling, site characterization, and remediation contractor in the United States, is expanding its use of the Motive Platform to include the Motive Card .

Key Points: 
  • Motive, the only fully unified Integrated Operations Platform for the physical economy, today announced that Cascade Environmental , the largest drilling, site characterization, and remediation contractor in the United States, is expanding its use of the Motive Platform to include the Motive Card .
  • Cascade has been a Motive customer since 2017.
  • The Motive Card unlocks additional cost savings through improved operational efficiency, as well as direct savings at the pump, on maintenance, tires, and more through the Motive Card partner network , encompassing more than 12,000 locations.
  • Check out how AI facilitates improvements in driver safety at Cascade Environmental here .

Motive Partners Acquires Control Stake In Splitit

Retrieved on: 
Tuesday, December 12, 2023
ASX, Growth, Cayman Islands, Commerce, Management, Motive

Motive's US$50 million commitment is comprised of two US$25 million tranches in exchange for the issuance of new preference shares.

Key Points: 
  • Motive's US$50 million commitment is comprised of two US$25 million tranches in exchange for the issuance of new preference shares.
  • The second US$25 million tranche will be invested upon Splitit achieving certain 2023 full-year financial performance milestones (which Splitit is currently exceeding)1 and the satisfaction of certain other closing conditions.
  • As a world-class private equity sponsor with significant capital, extensive payments expertise, value-additive capabilities, and deep industry relationships, Motive is the ideal partner to support Splitit in creating long-term value."
  • Jeff Yabuki, Chairman and Founding Partner at Motive Partners, commented, "We are thrilled to become a strategic investor in Splitit.

Motive Partners Acquires Control Stake In Splitit

Retrieved on: 
Tuesday, December 12, 2023
ASX, Growth, Cayman Islands, Commerce, Management, Motive

Motive's US$50 million commitment is comprised of two US$25 million tranches in exchange for the issuance of new preference shares.

Key Points: 
  • Motive's US$50 million commitment is comprised of two US$25 million tranches in exchange for the issuance of new preference shares.
  • The second US$25 million tranche will be invested upon Splitit achieving certain 2023 full-year financial performance milestones (which Splitit is currently exceeding)1 and the satisfaction of certain other closing conditions.
  • As a world-class private equity sponsor with significant capital, extensive payments expertise, value-additive capabilities, and deep industry relationships, Motive is the ideal partner to support Splitit in creating long-term value."
  • Jeff Yabuki, Chairman and Founding Partner at Motive Partners, commented, "We are thrilled to become a strategic investor in Splitit.

New OptiTrack Motion Capture Cameras Maximize Tracking Accuracy at Long Range

Retrieved on: 
Tuesday, November 7, 2023
Film & Motion Pictures, TV and Radio, Consumer Electronics, Technology, Electronic Games, General Entertainment, Entertainment, Robotics, Other Technology, Audio, Video, Hardware, Primex Tower, 3D, Environment, Noise, Movement, Slim, Multimedia, Television, Camera, Motive

Today, OptiTrack , the worldwide leader in 3D tracking systems, announced its three most-advanced motion capture cameras; the PrimeX 120 , PrimeX 120W and SlimX 120 .

Key Points: 
  • Today, OptiTrack , the worldwide leader in 3D tracking systems, announced its three most-advanced motion capture cameras; the PrimeX 120 , PrimeX 120W and SlimX 120 .
  • The new higher-resolution cameras offer the accuracy expected of OptiTrack with higher resolution and increased field of view.
  • View the full release here: https://www.businesswire.com/news/home/20231107910032/en/
    OptiTrack announces new motion capture cameras for maximum tracking accuracy at long ranges (Graphic: Business Wire)
    “OptiTrack has built more than 30,000 3D motion tracking systems in all shapes and sizes.
  • The PrimeX and SlimX 120 cameras work together with OptiTrack’s new Motive 3.1 3D motion capture software featuring Trained Markersets, continuous calibration, skeletal solver and more.

Announcing Digital Most Favored Nations Elections, a New Standard for Efficient and Transparent MFN Elections

Retrieved on: 
Wednesday, November 1, 2023
Intelligence, GP, Shirin David, Automation, Frustration, MFN, 2020 NRL Grand Final, LP record, Risk, Confusion, SAN, Insight, Uncertainty, GM, Financial adviser, Motive

SAN FRANCISCO, Nov. 1, 2023 /PRNewswire/ -- Ontra, the leader in contract automation and intelligence, today announced the launch of Digital Most Favored Nations ("dMFN") elections, a new purpose-built solution designed to help private fund managers accelerate the investor MFN election process. The dMFN feature is available within Ontra's Insight platform. It streamlines the MFN process, simplifying form creation and ongoing obligation compliance, while reducing fund expenses and the risk of election errors. 

Key Points: 
  • SAN FRANCISCO, Nov. 1, 2023 /PRNewswire/ -- Ontra, the leader in contract automation and intelligence, today announced the launch of Digital Most Favored Nations ("dMFN") elections, a new purpose-built solution designed to help private fund managers accelerate the investor MFN election process.
  • It streamlines the MFN process, simplifying form creation and ongoing obligation compliance, while reducing fund expenses and the risk of election errors.
  • "We're excited to use Insight to complete MFN elections quickly, reduce costs, and create a best-in-class investor experience.
  • For more information about how Insight's dMFN functionality is transforming the way private equity completes the MFN election process, visit www.ontra.ai/solutions/digital-mfn-election-process/

1440 Named Finalist at 8th Annual Shorty Impact Awards

Retrieved on: 
Tuesday, October 24, 2023
Content Marketing, Other Communications, Publishing, Advertising, Communications, Media, Digital Marketing, Social Media, Blogging, Momentum, The Coca-Cola Company, Social media, ESG, Meta, Motive, News, Organization, Creativity, David Belasco, Universal Pictures Home Entertainment, Social Impact Media Awards, Airbnb, Human rights, Food bank, New media, Turner Broadcasting System, Coca-Cola, Film industry, Frame, Netflix

Media industry disruptor 1440 has been named as an 8th Annual Shorty Impact Awards finalist for 1440: Facts Without Motives in the News & Media category.

Key Points: 
  • Media industry disruptor 1440 has been named as an 8th Annual Shorty Impact Awards finalist for 1440: Facts Without Motives in the News & Media category.
  • 1440’s work, under the leadership of Lauren Routt, has demonstrated innovation, creativity, and impact, which makes it a top contender for a Shorty Impact Award.
  • “Being named a Shorty Impact finalist reaffirms that we are effectively reaching a broad spectrum of individuals, especially within the dynamic space of social media.
  • We are ecstatic that our content is resonating with this vibrant online community.”
    The 8th Annual Shorty Impact Awards winners are to be announced at an in-person Shorty Impact Awards celebration at The Belasco in Los Angeles Nov. 13, 2023.

Motive and Marqeta Join Forces for Motive Card, Delivering Customers Up to 10% Savings

Retrieved on: 
Wednesday, October 18, 2023
Banking, Technology, Professional Services, Automotive, Data Analytics, Trucking, Vehicle Technology, Transport, Apps, Applications, Logistics, Supply Chain Management, Software, Audio, Video, Hardware, Data Management, Finance, Fleet Management, Fintech, Spend, Sutton Bank, Service provider, Analysis, FDIC, Mastercard, Food, Safety, Fraud, Maintenance, National Organization of All Chemical Workers, Public sector, Agriculture, Online shopping, Retail, Motive

Motive chose Marqeta (NASDAQ: MQ), the global modern card issuing platform, as its fleet card issuer because of its ability to integrate fleet payments seamlessly into the Motive platform where customers are already managing their fleet.

Key Points: 
  • Motive chose Marqeta (NASDAQ: MQ), the global modern card issuing platform, as its fleet card issuer because of its ability to integrate fleet payments seamlessly into the Motive platform where customers are already managing their fleet.
  • The Motive platform combines Driver Safety, Fleet Management, Spend Management, and Equipment Monitoring, all in one place.
  • By connecting operations end-to-end, Motive gives its customers greater visibility and control, and significantly reduces workloads by automating and simplifying tasks.
  • “We launched the Motive Card because our customers lacked 360-degree visibility across their fleet management and spend management providers,” said Hemant Banavar, Head of Financial Products at Motive.

Green Cubes Celebrates Ten Years of Motive Power Technology Leadership with Continued Investment in Innovation and Operations

Retrieved on: 
Tuesday, October 17, 2023
Lithium, Motive, Lithium-ion battery, Internal combustion engine, ICE, Return on investment, Overalls, ROI, Technology Center, Electric battery, Renewable energy

KOKOMO, Ind., Oct. 17, 2023 /PRNewswire-PRWeb/ -- Green Cubes Technology (Green Cubes), the leader in producing Lithium-ion (Li-ion) power systems that facilitate the transition from lead-acid batteries and Internal Combustion Engine (ICE) power to green Lithium-ion (Li-ion) battery power, today announced it is celebrating ten years of motive power technology leadership for material handling and ground support equipment. For over 35 years, Green Cubes has been on the forefront of electrification innovations, and this marks ten years of success with its flagship suite of Lithium SAFEFlex Battery solutions designed to meet the cost, performance, efficiency, and durability requirements of the rugged warehouse, distribution, and airport environments. Lithium SAFEFlex industrial lithium battery systems are designed as drop-in replacements for traditional Lead acid batteries. They eliminate the need for watering and battery swaps and increase equipment up-time with fast opportunity charging.

Key Points: 
  • KOKOMO, Ind., Oct. 17, 2023 /PRNewswire-PRWeb/ -- Green Cubes Technology (Green Cubes), the leader in producing Lithium-ion (Li-ion) power systems that facilitate the transition from lead-acid batteries and Internal Combustion Engine (ICE) power to green Lithium-ion (Li-ion) battery power, today announced it is celebrating ten years of motive power technology leadership for material handling and ground support equipment.
  • "We will continue to invest in technology innovation and manufacturing excellence while expanding our service and customer application infrastructure.
  • Additionally, Green Cubes established a new Technology Center in Switzerland, to focus on product innovation.
  • Together these teams are working to improve technology and service offerings based on a decade of field learning and experience.