Accident | Jotup

Ailytics raises US$2.7m to power next generation scenario-based AI monitoring for heavy industries

Retrieved on:

Tuesday, April 2, 2024

Aurum, ROI, LVM, Clifford Gundle, Lenard, JTC, Engineering, Accident, Video content analysis, Investment, Safety, ST Engineering, Tin

Ailytics was founded in 2021 by CEO, Wei Zhuang (Lenard) Tan, and CTO, Prateek Manocha.

Key Points:

Ailytics was founded in 2021 by CEO, Wei Zhuang (Lenard) Tan, and CTO, Prateek Manocha.
The startup's proprietary solution taps on existing cameras to provide real-time actionable insights of unsafe acts, productivity metrics, and security breaches.
Our ambition is to become the leading one-stop Video Analytics solution provider for heavy industries in Asia.
Above all, our mission is to safeguard the lives of workers, underlining our commitment to safety and excellence," commented Lenard, CEO of Ailytics.

EQT Private Equity to Acquire Avetta from WCAS

Retrieved on:

Tuesday, April 2, 2024

Avetta's solution improves the resilience of supply chains worldwide by helping hiring clients and suppliers manage their supply chain risk effectively and improve safety, security, sustainability, worker competency, and performance across major industries

Key Points:

Avetta's solution improves the resilience of supply chains worldwide by helping hiring clients and suppliers manage their supply chain risk effectively and improve safety, security, sustainability, worker competency, and performance across major industries
NEW YORK, April 2, 2024 /PRNewswire/ -- EQT Private Equity announced today that the EQT X fund ("EQT") has agreed to acquire Avetta (the "Company") from Welsh, Carson, Anderson & Stowe ("WCAS").
Together, EQT and Avetta are committed to investing in innovation to address the critical challenges facing global supply chains today.
Arvindh Kumar, Partner and Co-Head of Technology within EQT's Private Equity Advisory Team, said, "Avetta's leadership position, world-class SaaS platform, and commitment to ESG represent a highly thematic investment opportunity for EQT.
Avetta is an excellent example of how WCAS supports accelerating value creation and driving technology businesses to the next level.

EQT Private Equity to Acquire Avetta from WCAS

Retrieved on:

Tuesday, April 2, 2024

Avetta's solution improves the resilience of supply chains worldwide by helping hiring clients and suppliers manage their supply chain risk effectively and improve safety, security, sustainability, worker competency, and performance across major industries

Key Points:

Avetta's solution improves the resilience of supply chains worldwide by helping hiring clients and suppliers manage their supply chain risk effectively and improve safety, security, sustainability, worker competency, and performance across major industries
NEW YORK, April 2, 2024 /PRNewswire/ -- EQT Private Equity announced today that the EQT X fund ("EQT") has agreed to acquire Avetta (the "Company") from Welsh, Carson, Anderson & Stowe ("WCAS").
Together, EQT and Avetta are committed to investing in innovation to address the critical challenges facing global supply chains today.
Arvindh Kumar, Partner and Co-Head of Technology within EQT's Private Equity Advisory Team, said, "Avetta's leadership position, world-class SaaS platform, and commitment to ESG represent a highly thematic investment opportunity for EQT.
Avetta is an excellent example of how WCAS supports accelerating value creation and driving technology businesses to the next level.

Collaborative Robot Market worth $11.8 billion by 2030 - Exclusive Report by MarketsandMarkets™

Retrieved on:

Monday, April 1, 2024

By payload, more than 25 kg payload are projected to grow at a high CAGR of Collaborative Robot market during the forecast period.

Key Points:

By payload, more than 25 kg payload are projected to grow at a high CAGR of Collaborative Robot market during the forecast period.
In November 2023, Universal Robots A/S, a Danish cobot manufacturer, expanded its product line by launching the UR30, a collaborative robot with a 30 kg payload.
Electronics in industry segment in Collaborative Robot market will account for the highest CAGR during the forecast period.
The Asia Pacific region is one of the prominent market in the global collaborative robot (cobot) industry .

Collaborative Robot Market worth $11.8 billion by 2030 - Exclusive Report by MarketsandMarkets™

Retrieved on:

Monday, April 1, 2024

By payload, more than 25 kg payload are projected to grow at a high CAGR of Collaborative Robot market during the forecast period.

Key Points:

By payload, more than 25 kg payload are projected to grow at a high CAGR of Collaborative Robot market during the forecast period.
In November 2023, Universal Robots A/S, a Danish cobot manufacturer, expanded its product line by launching the UR30, a collaborative robot with a 30 kg payload.
Electronics in industry segment in Collaborative Robot market will account for the highest CAGR during the forecast period.
The Asia Pacific region is one of the prominent market in the global collaborative robot (cobot) industry .

Southwest Gas Urges Public to 'Call 811 Before You Dig'

Retrieved on:

Monday, April 1, 2024

Sustainability, Foreign policy, Failure, Southwest Gas, Accident, Surveying

LAS VEGAS, April 1, 2024 /PRNewswire/ -- National Safe Digging Month, observed annually in April when spring has sprung and peak digging season begins, is the perfect time to remind the public about the importance of calling 811 before beginning any digging project. Calling 811 and getting lines marked before you dig is free and can prevent avoidable damages to underground utility lines that can be dangerous for you and our communities.

Key Points:

National data continually shows that the number one cause of damage to underground utility lines is failure to call 811 to have the lines marked before digging.
In 2023, close to 30 percent of Southwest Gas' companywide damages were due to homeowners and contractors not calling 811 before excavation.
"Southwest Gas is committed to the safe and reliable delivery of natural gas service to our customers and the communities we serve," said Laura Nelson, Vice President of Sustainability and External Affairs.
Southwest Gas reminds anyone who thinks they may have damaged an underground natural gas line or suspects a natural gas leak, even if they're not a natural gas customer, to leave the area immediately and call 911 and Southwest Gas at 877-860-6020.

RS Helps Food and Beverage Manufacturers Overcome Safety and Compliance Challenges

Retrieved on:

Thursday, March 28, 2024

RFID, RS Group plc, Quality control, Meat, Vibration, Organization, Sanitation, Pressure, Growth, IP69K, Engine, Industrial internet of things, IP65, Shock, IP67, EN, Food, Stainless steel, National Electrical Code, Corrosion, Morale, Dust, Accident, AC, NEC, GDP, Atmosphere, Hygiene, Safety, RS Group, Ecolab, Torque, Orientation, ISO, FDA, Food safety, FSMA

FORT WORTH, Texas, March 28, 2024 /PRNewswire/ -- RS, a trading brand of RS Group plc (LSE: RS1), a global provider of product and service solutions for industrial customers, offers an extensive portfolio of electrical and electronic products engineered to help organizations in the food and beverage manufacturing industry overcome challenges related to the expansive and evolving slate of safety and compliance regulations designed to keep consumers and workers safe.

Key Points:

RS offers 62,000+ in-stock solutions for food and beverage industry safety and compliance as well as end-to-end support.
Establishing and maintaining compliance with evolving food and beverage manufacturing regulations, like the FDA's new Food Safety Modernization Act (FSMA) updates, is driving organizations throughout the supply chain to embrace digital transformation and futurize their facilities with smart IIoT and automation technologies.
RS also offers a wide range of RS PRO products meticulously designed to help you overcome common food and beverage safety and compliance challenges at a cost-efficient price point, including high-quality, industrial-grade sensors and accessories , such as sensor mounting hardware , panel-mount sensor cables , pigtail sensor cables , probes , sensor testers , industrial cable assemblies , like double-ended cordsets , and barcode readers .
To learn more about how we can help you overcome food and beverage safety and compliance challenges , achieve FSMA compliance , modernize your equipment , and improve your processes , follow the embedded links to relevant articles from our RS Expert Advice Series.

New Florida Law Protects Consumers Against Dishonest Towers

Retrieved on:

Thursday, March 28, 2024

Government, Policy, NICB, HB, Law enforcement, Florida House, Sunshine State, Accident, Florida Senate, National Insurance, Medicine, Representative, Legislation

TALLAHASSEE, Fla., March 28, 2024 /PRNewswire/ -- A new measure to protect Florida consumers against dishonest towers was signed into law recently by Governor Ron DeSantis (R-FL).

Key Points:

TALLAHASSEE, Fla., March 28, 2024 /PRNewswire/ -- A new measure to protect Florida consumers against dishonest towers was signed into law recently by Governor Ron DeSantis (R-FL).
It was sponsored by Representative Melony Bell (R-Fort Meade) in the Florida House of Representatives.
A companion bill was sponsored by Senator Keith Perry (R-Gainesville) in the Florida Senate.
"This law would implement important measures that protect consumers and promote accountability within the towing industry."

QuickQuote.com Reports: Accidental Death Coverage Is Worth the $4 a Month!

Retrieved on:

Thursday, March 28, 2024

AD&D, Insurance, Accidental death, Multimedia, Accident, Policy, Cancer, Death, Life insurance

While it's possible to get a life insurance rider that covers certain disabilities, most life insurance policies will only pay out after the covered individual dies.

Key Points:

While it's possible to get a life insurance rider that covers certain disabilities, most life insurance policies will only pay out after the covered individual dies.
QuickQuote.com explains that AD&D coverage is easy to get, often offered by employers, and is one of the cheapest life insurance policies.
Since accidents are the fifth leading cause of death, other causes of death are more likely.
Read QuickQuote.com's entire report here: Accidental Death & Dismemberment (AD&D) Insurance .

Casa Debuts Self-Custody Inheritance Product for BTC, ETH, USDT, and USDC

Retrieved on:

Wednesday, March 27, 2024

Bitcoin, Failure, Standard, Loss, Fraud, USDT, Fidelity, Head, Family, Accident, ETH, Inheritance, BlackRock, ETF, BTC, USDC, Cryptocurrency

In one notable example, a family struggled to recover nearly $200 million in assets when a crypto investor died unexpectedly.

Key Points:

In one notable example, a family struggled to recover nearly $200 million in assets when a crypto investor died unexpectedly.
Executing an inheritance is already stressful and has historically been even more stressful when crypto assets are included in the estate.
Today, the company unveiled Casa Inheritance, which allows members on its latest membership plans to grant secure, conditional vault access to a "Recipient" of their choice.
Casa is the simplest, most secure way for investors to truly own their bitcoin, and our new Inheritance product ensures they can do so safely for generations to come."