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Category: business – Page 102

LAS CRUCES, N.M., May 16, 2022 /PRNewswire/ — In four weeks of continuous live-fire exercises, an industry team led by Raytheon Intelligence & Space, a Raytheon Technologies (NYSE: RTX) business, and Kord, a wholly owned subsidiary of KBR, defeated multiple 60mm mortar rounds with a 50kW-class high energy laser integrated on a Stryker combat vehicle.

The directed energy weapon system — part of the U.S. Army’s Directed Energy Maneuver-Short Range Air Defense, or DE M-SHORAD — acquired, tracked, targeted and defeated multiple mortars and successfully accomplished multiple tests simulating real-world scenarios.

Continuing to put the DE M-SHORAD system to the test, the recent operational assessment at White Sands Missile Range also included defeating several small, medium and large drones.

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Digitalization generated 4 percent of the total greenhouse emissions in 2020.

More than half of the digital data firms generate is collected, processed, and stored for single-use purposes. Often, it is never re-used. This could be your multiple near-identical images held on Google Photos or iCloud, a business’s outdated spreadsheets that will never be used again, or data from internet of things sensors that have no purpose.

This “dark data” is anchored to the real world by the energy it requires. Even data that is stored and never used again takes up space on servers — typically huge banks of computers in warehouses. Those computers and those warehouses all use lots of electricity.

Gorodenkoff/iStock.

Continue reading “What is ‘dark data’? How digital information is quietly sapping energy” | >

It offers services on all seven continents of the world.

SpaceX has crossed the milestone of producing a million Starlink terminals, the company’s CEO Elon Musk confirmed on Twitter earlier today. It is a significant boost for the satellite internet business of the space company, which began accepting preorders only 19 months ago.

Miss Vosk/Flickr.

The satellite internet is the new way of connecting the world. That can guarantee network coverage even in the remotest parts of the world. Fiber or cellular network-based internet requires the infrastructure to be connected to the last mile to ensure services; however, services like Starlink rely on a constellation of satellites in low Earth orbits that can deliver internet services directly from the skies.

Continue reading “SpaceX has produced a landmark number of Starlink terminals, Elon Musk reveals” | >

Were you unable to attend Transform 2022? Check out all of the summit sessions in our on-demand library now! Watch here.

Marketers are standing at a precipice when it comes to strategy and automation. Advanced systems are seen as the next step in marketing, but for many businesses, the concept is still uncharted territory. However, those who don’t adopt the rapidly advancing technology into their marketing plans will quickly be at a huge disadvantage.

According to International Data Corporation (IDC), the U.S. market for AI-powered software, hardware and services is expected to break $120 billion by 2025. The marketing intelligence firm also found that banks and retailers were the biggest spenders on AI, with retail having already invested upwards of $5.9 billion in these systems for marketing alone in 2019. And spending on these advanced systems for this specific purpose has only increased since then. It is evident that algorithmic systems are the future of marketing, and those who don’t invest in them will be left behind.

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Corporate Venturing For Integrated Digital Healthcare Solutions — Bill Taranto, President, Global Health Innovation Fund, Merck

Bill Taranto is President of the Global Health Innovation Fund at Merck (https://www.merckghifund.com/taranto.html) and founding partner since inception in 2010.

Merck Global Health Innovation Fund (Merck GHI) is a corporate venture capital group utilizing a healthcare ecosystem strategy, investing globally in platform companies with proven technologies or business models where Merck’s expertise can accelerate revenue growth and enhance value creation to ultimately develop integrated healthcare solutions.

Continue reading “Bill Taranto — President, GHI Fund, Merck — Corporate Venturing For Integrated Healthcare Solutions” | >

The number of laundromats in Japan has doubled over the past 20 years. This episode shows how new takes on the traditional business model are offering more choices to consumers and helping their owners to draw in new customers. [In Focus: Skepticism Looms Over Indo-Pacific Partnership]The US wants countries in the Indo-Pacific to form a new economic partnership. Washington hopes it will promote growth in the region while helping it gain influence. But some say the effort is more bark than bite. [Global Trends: ‘White Gold’ Rush]Lithium-ion batteries are increasingly being used in all kinds of products. And that means big business for South America, which is sitting on an abundance of lithium. Big changes are now coming to the region as companies rush to extract its ‘white gold.’

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AI at the Edge, NAD-Enhancing Drugs, and Laser Beam Toting Sharks!! — Discovering, Enabling & Transitioning Technology For Special Operations Forces — Lisa R. Sanders, Director of Science and Technology for Special Operations Forces, USSOCOM.

Lisa R. Sanders is the Director of Science and Technology for Special Operations Forces, Acquisition, Technology & Logistics (SOF AT&L), U.S. Special Operations Command (USSOCOM — https://www.socom.mil/), located at MacDill Air Force Base, Florida, where she is responsible for all research and development funded activities — https://www.socom.mil/SOF-ATL/Pages/eSOF_cap_of_interest.aspx.

Ms. Sanders has over 30 years of civilian Federal service. She entered Federal Service as an Electronics Engineer at Naval Avionics Center in Indianapolis, Indiana where she served in quality engineering, production engineering and program management. In 1996, she transferred to Naval Air Warfare Center and Naval Air Systems Command (NAVAIR), Patuxent River, Maryland, serving as an Electronics Engineer and Program Manager for the E-2C Hawkeye aircraft. In 2003, she assumed responsibility for the production and modification of the CV-22 (a Vertical takeoff and landing aircraft). During her time at NAVAIR, she managed one of the first Multi-Year Procurements, and executed the modification and delivery of CV-22 production and developmental test aircraft.

Continue reading “Lisa R. Sanders — Director of Science and Technology, SOF AT&L, U.S. Special Operations Command” | >

Were you unable to attend Transform 2022? Check out all of the summit sessions in our on-demand library now! Watch here.

Many organizations lack the technology and architecture required to automate decision-making and create intelligent responses across the supply chain, as has been shown by the past few years’ supply chain disruptions. However, these critical breakdowns can no longer be blamed solely on the COVID-19 pandemic. Rather, they can be blamed on businesses’ slow adoption of automated supply chain decision-making, which has resulted in inventory backlogs, price inflation, shortages and more. Further contributing to backlogs is continued single sourcing to one region rather than leveraging distributed regional capabilities. These factors have added to the complexity of systems and the disadvantages of lack of automation and the pandemic brought these existing critical breakdowns into stark relief.

This brings us to today and how this inability to effectively manage data streams is proving debilitating to many companies. In a Gartner study of more than 400 organizations, 84% of chief supply chain officers reported that they could service their customers better with data-driven insights. An equal number of respondents stated that they needed more accurate data in order to predict future conditions and make better decisions.

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