Mathematical optimization

Optimum Ventures Announces Mailing of Materials, Receipt of Interim Order and Conditional Approval

Retrieved on: 
Friday, August 11, 2023

The deadline for Optimum Securityholders to return their completed proxies or voting instructions forms is 11:00 a.m. (Vancouver time) on Tuesday, August 29, 2023.

Key Points: 
  • The deadline for Optimum Securityholders to return their completed proxies or voting instructions forms is 11:00 a.m. (Vancouver time) on Tuesday, August 29, 2023.
  • On July 31, 2023, the Company was granted an interim order (the "Interim Order") by the Court regarding the Arrangement.
  • The Interim Order authorizes Optimum to proceed with various matters relating to the Arrangement and provides notice to the Optimum Securityholders of the date and time of the hearing of the petition to approve the Arrangement.
  • Completion of the Arrangement is conditional upon receipt of a final order by the Court.

Sarah Greenewald Promoted to Chief Financial Officer at Optimum Energy

Retrieved on: 
Monday, July 24, 2023

SEATTLE, July 24, 2023 /PRNewswire/ -- Optimum Energy ("Optimum" or the "Company"), a leader in HVAC optimization, is pleased to announce the promotion of Sarah Greenewald from Vice President of Finance and Operations to Chief Financial Officer (CFO).

Key Points: 
  • SEATTLE, July 24, 2023 /PRNewswire/ -- Optimum Energy ("Optimum" or the "Company"), a leader in HVAC optimization, is pleased to announce the promotion of Sarah Greenewald from Vice President of Finance and Operations to Chief Financial Officer (CFO).
  • Sarah Greenewald has been an instrumental part of Optimum since joining the organization over ten years ago.
  • Her exceptional leadership skills, extensive financial expertise, and unwavering dedication have consistently contributed to the company's achievements and financial stability.
  • Her promotion to Chief Financial Officer is a well-deserved recognition of her outstanding abilities and dedication to Optimum Energy's success.

YCharts Launches Portfolio Optimizer Tool, Revolutionizing Portfolio Research and Presentation

Retrieved on: 
Thursday, July 20, 2023

This cutting-edge addition to the YCharts toolstack reimagines the portfolio research and optimization process, enabling users to construct well-balanced and highly efficient portfolios.

Key Points: 
  • This cutting-edge addition to the YCharts toolstack reimagines the portfolio research and optimization process, enabling users to construct well-balanced and highly efficient portfolios.
  • “At YCharts, we are committed to providing unmatched value to our users, and the launch of Portfolio Optimizer only solidifies our dedication” stated Caleb Eplett, Chief Product Officer of YCharts.
  • The YCharts Portfolio Optimizer is included for all YCharts Professional users at no additional charge.
  • To learn more about Portfolio Optimizer and other YCharts tools, visit YCharts’ blog .

CPower Wins Environment + Energy Leader 2023 Product of the Year Award for EnerWise® Site Optimization

Retrieved on: 
Wednesday, July 19, 2023

BALTIMORE, July 19, 2023 /PRNewswire/ -- CPower Energy ("CPower"), the leading, national Distributed Energy Resources (DER) monetization and Virtual Power Plant (VPP) provider, today announced that it has won Environment + Energy (E+E) Leader's 2023 Product of the Year Award for its EnerWise® Site Optimization technology ("EnerWise"). The award program's expert judges consider CPower's innovation as a stand-out example amongst industry-wide efforts to strengthen the power grid, improve energy management and increase customers' bottom lines. This is the fourth year in a row that CPower has been recognized by E+E Leader.

Key Points: 
  • BALTIMORE, July 19, 2023 /PRNewswire/ -- CPower Energy (" CPower "), the leading, national Distributed Energy Resources (DER) monetization and Virtual Power Plant (VPP) provider, today announced that it has won Environment + Energy (E+E) Leader's 2023 Product of the Year Award for its EnerWise® Site Optimization technology (" EnerWise ").
  • The award program's expert judges consider CPower's innovation as a stand-out example amongst industry-wide efforts to strengthen the power grid, improve energy management and increase customers' bottom lines.
  • This is the fourth year in a row that CPower has been recognized by E+E Leader.
  • "We are honored to be recognized by E+E Leader yet again for our EnerWise technology," said Mathew Sachs, Senior Vice President – Strategy, CPower.

Workforce Analytics Uses Gurobi to Revolutionize Resource Allocation

Retrieved on: 
Tuesday, July 18, 2023

Gurobi Optimization, LLC , the leader in decision intelligence technology, today announced a new case study that explores the complex challenges of workforce management and how Workforce Analytics successfully tackles these challenges with Gurobi.

Key Points: 
  • Gurobi Optimization, LLC , the leader in decision intelligence technology, today announced a new case study that explores the complex challenges of workforce management and how Workforce Analytics successfully tackles these challenges with Gurobi.
  • View the full release here: https://www.businesswire.com/news/home/20230718462079/en/
    This case study showcases how Workforce Analytics is revolutionizing the way businesses manage their workforce.
  • Through sophisticated mathematical modeling and Gurobi’s advanced solving power, businesses can optimize resource allocation, thereby improving customer service, ensuring legal compliance, and boosting their bottom line.
  • Lisa Spiden, CEO and founder of Workforce Analytics, underlines the importance of having the right people in the right place at the right time.

Optimum Energy Announces Promotion of Jason Whittier to Vice President of Product Development

Retrieved on: 
Thursday, July 13, 2023

SEATTLE, July 13, 2023 /PRNewswire/ -- Optimum Energy ("Optimum" or the "Company"), a leader in HVAC and chiller plant optimization, is pleased to announce the promotion of Jason Whittier from Senior Director of Product Development to Vice President of Product Development.

Key Points: 
  • SEATTLE, July 13, 2023 /PRNewswire/ -- Optimum Energy ("Optimum" or the "Company"), a leader in HVAC and chiller plant optimization, is pleased to announce the promotion of Jason Whittier from Senior Director of Product Development to Vice President of Product Development.
  • In his new role, Whittier will continue to be responsible for leading the company's development efforts and overseeing the product roadmap.
  • "Since joining Optimum, Jason has expanded our Fault Detection and Diagnostics offering and expanded our application of machine learning and AI to HVAC systems.
  • Whittier added, "I am excited to take on this new role and to continue working with the talented team at Optimum Energy.

Ultra-Fast Optimum 8 Gig Symmetrical Fiber Internet Service Launches Across More Than 1.7 Million Passings, Representing the Widest Availability of 8 Gig Speeds in the United States

Retrieved on: 
Monday, July 10, 2023

Optimum, a brand of Altice USA (NYSE: ATUS), today announces the launch of its new 8 Gig symmetrical Fiber Internet service, now available to more than 1.7 million residents and businesses across the company’s fiber footprint.

Key Points: 
  • Optimum, a brand of Altice USA (NYSE: ATUS), today announces the launch of its new 8 Gig symmetrical Fiber Internet service, now available to more than 1.7 million residents and businesses across the company’s fiber footprint.
  • By year end, Optimum 8 Gig Fiber will be available to nearly 3 million passings and will expand as the Company’s fiber network build continues.
  • This launch represents the largest deployment of 8 Gig internet speeds in the country and cements Optimum as the nation’s largest 8 Gig internet provider, delivering the fastest Fiber Internet available in its serviceable footprint that is four times faster than Verizon, 60% faster than Frontier, and 32 times faster than T-Mobile 5G Home Internet.
  • “After launching 2 and 5 Gig symmetrical Fiber Internet speeds last year, Optimum is pleased to have invested even further in our network and infrastructure to bring next level 8 Gig symmetrical internet speeds to our fiber footprint,” said Leroy Williams, Chief Growth Officer, Optimum.

Optimum Ventures Announces Entry Into Arrangement Agreement With Blackwolf Copper and Gold Ltd.

Retrieved on: 
Friday, July 7, 2023

VANCOUVER, British Columbia, July 07, 2023 (GLOBE NEWSWIRE) -- Optimum Ventures Ltd. (“Optimum” or the “Company”) (TSXV: OPV) is pleased to announce that it has entered into an arrangement agreement with Blackwolf Copper and Gold Ltd. ("Blackwolf") dated as of July 6, 2023 (the "Arrangement Agreement"), pursuant to which Blackwolf has agreed to acquire all of the issued and outstanding common shares of Optimum (collectively, the "Company Shares") by way of a statutory plan of arrangement under the Business Corporations Act (British Columbia) (the "Arrangement").

Key Points: 
  • VANCOUVER, British Columbia, July 07, 2023 (GLOBE NEWSWIRE) -- Optimum Ventures Ltd. (“Optimum” or the “Company”) (TSXV: OPV) is pleased to announce that it has entered into an arrangement agreement with Blackwolf Copper and Gold Ltd. ("Blackwolf") dated as of July 6, 2023 (the "Arrangement Agreement"), pursuant to which Blackwolf has agreed to acquire all of the issued and outstanding common shares of Optimum (collectively, the "Company Shares") by way of a statutory plan of arrangement under the Business Corporations Act (British Columbia) (the "Arrangement").
  • The Arrangement Agreement provides for a termination fee payable by either party in certain circumstances in the event the Arrangement does not close.
  • All securityholders are urged to read the Circular once available as it will contain additional important information concerning the Arrangement.
  • The Arrangement Agreement has been approved by the Boards of Directors of Optimum and Blackwolf.

Optimum Energy and Tignis Enter into a Worldwide Exclusivity Agreement to Advance Efficiency for HVAC Solutions

Retrieved on: 
Thursday, July 6, 2023

SEATTLE, July 6, 2023 /PRNewswire/ -- Optimum Energy ("Optimum"), a leading supplier of energy optimization solutions, and Tignis, Inc. ("Tignis"), a pioneer in AI/ML solutions for advanced process control, today announced a new multi-year worldwide exclusive agreement to provide a closed loop HVAC solution for smart buildings worldwide, including for semiconductor fabs, pharmaceutical manufacturers, hospitals, and universities, among others. PAICe Monitor from Tignis will be embedded into Optimum's control software solution to rapidly identify operational anomalies that negatively impact energy usage and carbon emissions in built environments worldwide. Optimum customers will benefit from additional operating cost savings and improved sustainability for their ongoing operations.

Key Points: 
  • SEATTLE, July 6, 2023 /PRNewswire/ -- Optimum Energy ("Optimum"), a leading supplier of energy optimization solutions, and Tignis, Inc. ("Tignis"), a pioneer in AI/ML solutions for advanced process control, today announced a new multi-year worldwide exclusive agreement to provide a closed loop HVAC solution for smart buildings worldwide, including for semiconductor fabs, pharmaceutical manufacturers, hospitals, and universities, among others.
  • PAICe Monitor from Tignis will be embedded into Optimum's control software solution to rapidly identify operational anomalies that negatively impact energy usage and carbon emissions in built environments worldwide.
  • "Tignis is hyper-focused on leveraging AI to autonomously optimize process control and improve operational efficiency in advanced manufacturing environments," said Jon Herlocker, CEO and Co-Founder of Tignis.
  • "We are pleased to enter into this multi-year engagement with Tignis," said Larry Stapleton, President of Optimum Energy.

Zondo at Your Fingertips: new book offers an accessible and condensed version of South Africa's ambitious corruption inquiry

Retrieved on: 
Sunday, July 2, 2023

No one except academics will read the commission’s 4,750 page report, but many will read Holden’s book, Zondo at your Fingertips.

Key Points: 
  • No one except academics will read the commission’s 4,750 page report, but many will read Holden’s book, Zondo at your Fingertips.
  • Holden is a former director of investigations at Corruption Watch, the South African corruption watchdog.
  • He has worked with the investigative organisations Shadow World and Open Secrets for many years.
  • Holden has written a good and solid book, selecting and explaining the significant Zondo findings.

How the story is told

    • The commission’s 19-volume report totals 4,750 pages.
    • It heard 300 witnesses over 400 days of hearings, spread over four and a half years between 2018 and 2021.
    • How South Africa stacks up

      The book is well structured in 10 parts.

Commissions of inquiry

    • The most ambitious commission of inquiry set up in South Africa was the Truth and Reconciliation Commission.
    • The great majority of the recommendations of commissions of inquiry, such as the Farlam Commission into the massacre of striking miners and other killings at Marikana, North West province in 2012, remain unimplemented and ignored by the government.
    • Sceptics argue that commissions of inquiry merely provide governments with a pretext to stall any remedial actions for years, until the politics of the front page has moved onto other issues.

Recommendations

    • Holden notes that the Zondo Commission made a number of recommendations.
    • Key among these are to professionalise all appointments to the boards of state-owned enterprises, and prevent cabinet ministers from appointing political cronies and other unqualified or compromised persons.