ITS

OLIVELA Fashions A Better Future for Women and the Luxury Fashion Industry This Women’s History Month

Retrieved on: 
Thursday, March 28, 2024

NEW YORK, March 28, 2024 (GLOBE NEWSWIRE) -- Philanthropic retailer OLIVELA landed in Miami and Palm Beach last week to mark Women’s History Month and celebrate the work its community have funded towards gender equality. From a celebratory lunch to a panel talk discussing the intersection of girls’ education and climate action, OLIVELA brought together VIPs, cause partners and customers.

Key Points: 
  • From a celebratory lunch to a panel talk discussing the intersection of girls’ education and climate action, OLIVELA brought together VIPs, cause partners and customers.
  • OLIVELA is uniquely positioned as a force for change in a challenging luxury retail landscape.
  • Thanks to its dropship model which minimizes inventory risk, OLIVELA is able to remain resilient to evolving demand.
  • Coinciding with Aspen Ideas Institute, OLIVELA hosted two events to discuss the intersection between climate action and gender equality.

Arbe Opens an Office in Shanghai, China, Solidifying the Company’s Presence in the Region

Retrieved on: 
Wednesday, March 20, 2024

TEL AVIV, Israel, March 20, 2024 - Arbe Robotics Ltd. (NASDAQ: ARBE), a global leader in Perception Radar solutions, today announces that it opened an office in Shanghai, China, solidifying the company’s presence in the region.

Key Points: 
  • TEL AVIV, Israel, March 20, 2024 - Arbe Robotics Ltd. (NASDAQ: ARBE), a global leader in Perception Radar solutions, today announces that it opened an office in Shanghai, China, solidifying the company’s presence in the region.
  • The strategic move will position Arbe closer to the local OEMs and to the Chinese market, helping the company provide better customer service and position Arbe to gain market share.
  • Arbe and Weifu High-Technology Group signed a strategic cooperation agreement with KargoBot, DiDi's autonomous freight company, to provide 4D Imaging Radars based on the Arbe proprietary chipset.
  • The first deployment started at the RiZhao port and will be expanded to additional ports across China.

ITS Logistics March Port Rail Ramp Index: Uncertainty with ILA Negotiations Makes List of Largest Concerns for 2024

Retrieved on: 
Tuesday, March 12, 2024

RENO, Nev., March 12, 2024 (GLOBE NEWSWIRE) -- ITS Logistics today released the March forecast for the ITS Logistics US Port/Rail Ramp Freight Index.

Key Points: 
  • RENO, Nev., March 12, 2024 (GLOBE NEWSWIRE) -- ITS Logistics today released the March forecast for the ITS Logistics US Port/Rail Ramp Freight Index.
  • In addition, as Q2 approaches, the index will closely follow the International Longshoremen Association (ILA) negotiations as current ocean contracts are being deliberated.
  • The ITS Logistics US Port/Rail Ramp Freight Index forecasts port container and dray operations for the Pacific, Atlantic, and Gulf regions.
  • Visit here for a full comprehensive copy of the index with expected forecasts for the US port and rail ramps.

Public Transport ITS in Europe and North America - ITS for Buses and Trams is Forecast to Grow at a CAGR of 7.1% to Reach € 4.26 Billion by 2027 - ResearchAndMarkets.com

Retrieved on: 
Tuesday, March 26, 2024

Approximately 60 billion and 12 billion public transport passenger journeys were carried out in Europe and North America respectively each year before the COVID-19 pandemic.

Key Points: 
  • Approximately 60 billion and 12 billion public transport passenger journeys were carried out in Europe and North America respectively each year before the COVID-19 pandemic.
  • Available transport modes include for example local and regional buses and trolleybuses, regional and suburban rail transport, metros and trams, and local waterborne passenger transport services.
  • In 2021, the number of registered buses and coaches in Europe and North America reached 0.86 million vehicles and 1.0 million vehicles respectively.
  • The economic value of public transport services in Europe is estimated to around € 145-155 billion per year, while the corresponding number in North America is around € 80-90 billion.

Applied Information to Provide Video Highlight Coverage of ITS America Conference & Expo 2024

Retrieved on: 
Tuesday, March 19, 2024

Applied Information, Inc ., leading provider of Intelligent Transportation System (ITS) technology, announced today it is partnering with organizers of the ITS America Conference & Expo 2024 to provide video highlight coverage of the event to be held April 22-25, 2024 at the Phoenix Convention Center, Arizona.

Key Points: 
  • Applied Information, Inc ., leading provider of Intelligent Transportation System (ITS) technology, announced today it is partnering with organizers of the ITS America Conference & Expo 2024 to provide video highlight coverage of the event to be held April 22-25, 2024 at the Phoenix Convention Center, Arizona.
  • Video highlights to include interviews with thought leaders, coverage of cutting-edge technology demos, and highlights of real-world ITS applications designed to improve mobility, safety, and efficiency on our roadways.
  • ITS America Conference & Expo 2024 , a premier event in intelligent transportation, will focus on “Accelerating Digital Transformation,” bringing together world leaders, policy makers, researchers, and private industry.
  • Registration for ITS America Conference & Expo 2024 is now open.

Thales Partners with Neural Labs to Support AI-Powered Smart Cities

Retrieved on: 
Wednesday, March 13, 2024

As a result, Neural Labs was able to reduce costs and focus more on its customers, as well as the value of its software against competitors.

Key Points: 
  • As a result, Neural Labs was able to reduce costs and focus more on its customers, as well as the value of its software against competitors.
  • The relationship between Thales and Neural Labs initially started over two decades ago when Neural Labs selected Sentinel for software protection.
  • Over the last three years, Neural Labs increased its revenue by nearly 25%, with Thales Sentinel playing its part by helping to reduce revenue leakage from unauthorized software use.
  • We’re incredibly proud that Neural Lab’s confidence in our platform and services has allowed them to grow exponentially.

Intelligent Technical Solutions Partners with Digital Seattle

Retrieved on: 
Thursday, March 21, 2024

SEATTLE, March 21, 2024 /PRNewswire/ -- Intelligent Technical Solutions ("ITS"), a portfolio company of Tower Arch Capital, is pleased to announce that it has acquired Digital Seattle in partnership with Voiko and Vikki Tanev, the company's founders.

Key Points: 
  • SEATTLE, March 21, 2024 /PRNewswire/ -- Intelligent Technical Solutions ("ITS"), a portfolio company of Tower Arch Capital, is pleased to announce that it has acquired Digital Seattle in partnership with Voiko and Vikki Tanev, the company's founders.
  • The partnership with Digital Seattle will further strengthen ITS's geographic footprint and leadership in the Pacific Northwest.
  • This partnership aims to expand the service offerings for Digital Seattle clients, while enhancing the tools used for managing their IT needs.
  • Voiko and the rest of the Digital Seattle team are strong additions to ITS," Tom Andrulis, CEO of ITS, said.

Texas Department of Transportation Selects Woolpert for $3M Traffic Engineering and ITS Services Contract

Retrieved on: 
Wednesday, March 20, 2024

AUSTIN, Texas, March 20, 2024 /PRNewswire-PRWeb/ -- The Texas Department of Transportation has selected Woolpert to provide traffic engineering and intelligent transportation systems services under a five-year, $3 million contract supporting its Austin, Beaumont, and Fort Worth districts.

Key Points: 
  • AUSTIN, Texas, March 20, 2024 /PRNewswire-PRWeb/ -- The Texas Department of Transportation has selected Woolpert to provide traffic engineering and intelligent transportation systems services under a five-year, $3 million contract supporting its Austin, Beaumont, and Fort Worth districts.
  • Under this contract, we will be working closely with the Texas Department of Transportation to provide traffic safety analyses and other traffic engineering-related safety studies and designs to provide countermeasures for intersection crashes and other preventable accidents.
  • Woolpert will provide services supporting safety-related projects, including speed zone studies, traffic signal studies, traffic impact studies, safety analysis, traffic signal design, and ITS planning studies, design, and specifications development.
  • "Under this contract, we will be working closely with the Texas Department of Transportation to provide traffic safety analyses and other traffic engineering-related safety studies and designs to provide countermeasures for intersection crashes and other preventable accidents."

Quarterhill Announces Q4 and Fiscal 2023 Financial Results

Retrieved on: 
Friday, March 15, 2024

Please note that beginning with the reporting of its financial results for the three months ended March 31, 2024, Quarterhill will report its results in U.S. currency going forward.

Key Points: 
  • Please note that beginning with the reporting of its financial results for the three months ended March 31, 2024, Quarterhill will report its results in U.S. currency going forward.
  • As a percentage of revenue, SG&A in Q4 2023 was 16% compared to 30% in Q4 2022.
  • Quarterhill will host a conference call to discuss its financial results on Friday, March 15, 2024, at 10:00 AM Eastern Time.
  • These non-IFRS financial measures and non-IFRS ratios are not standardized financial measures under IFRS, and, therefore, are unlikely to be comparable to similar financial measures presented by other companies.

MAV Systems: AiQ - No limits to recognition

Retrieved on: 
Wednesday, March 13, 2024

After 2 years of research and testing, MAV systems have now launched the AiQ to eagerly awaiting system integrators and solution partners who have sought enhanced ALPR technology.

Key Points: 
  • After 2 years of research and testing, MAV systems have now launched the AiQ to eagerly awaiting system integrators and solution partners who have sought enhanced ALPR technology.
  • With the ability to identify illegal, masked and even 'ghost' plates even in poor weather and lighting conditions; the AiQ has changed the narrative around what is possible.
  • Built to offer enhanced performance quality and accuracy, the AiQ is not limited to simply plate recognition.
  • The best way that system developers can witness the true value of the AiQ is to test it for themselves."