MRP

Elevated Signals and Auxilium Partner to Recover the $3.4 Trillion of Critical Minerals in Mining Waste

Retrieved on: 
Tuesday, April 16, 2024

Elevated Signals Inc. (“Elevated Signals”), a pioneering technology company that offers advanced Manufacturing Resource Planning (MRP) software, announces the continued diversification of its client base into the growing waste-to-value and critical minerals recovery sectors, highlighted by a new partnership with Auxilium Technology Group (“Auxilium”).

Key Points: 
  • Elevated Signals Inc. (“Elevated Signals”), a pioneering technology company that offers advanced Manufacturing Resource Planning (MRP) software, announces the continued diversification of its client base into the growing waste-to-value and critical minerals recovery sectors, highlighted by a new partnership with Auxilium Technology Group (“Auxilium”).
  • Auxilium‘s unique valorization technology efficiently extracts critical minerals from mine tailings and repurposes the reclaimed tailings to manufacture eco-friendly construction materials.
  • Mining waste is one of the largest waste streams generated globally, with an estimated 100 billion tons or more produced annually.
  • “Waste-to-value manufacturing businesses like Auxilium play a key role in providing critical minerals needed for the transition to renewable energy, which presents a significant opportunity within the mining sector,” said Amar Singh, CEO and co-founder of Elevated Signals.

Northstar Receives Second Government Grant of $100,000 from Alberta Innovates for Engineering Costs of Empower Calgary Facility

Retrieved on: 
Wednesday, April 24, 2024

The Company received approval in March 2022 for a non-repayable $200,000 grant for the direct engineering costs of the Calgary Empower Facility under Alberta Innovates' Bioenergy Program.

Key Points: 
  • The Company received approval in March 2022 for a non-repayable $200,000 grant for the direct engineering costs of the Calgary Empower Facility under Alberta Innovates' Bioenergy Program.
  • Mr. Aidan Mills, President & CEO and Director of Northstar, stated, "Alberta Innovates was the first public organization to support Northstar – recognizing the potential of and providing funding for the engineering of our first-of-its-kind facility.
  • Having now completed the detailed design phase of our Empower Calgary Facility, and having Alberta Innovates recognize this accomplishment with their second government grant is very complimentary to the Company.
  • The support of Alberta Innovates has been very welcome, and we look forward to delivering our first commercial facility that merits their support."

Powered By MRP Introduces ATOM: A Ground-Breaking RF Microneedling Device Redefining Affordability in Aesthetics

Retrieved on: 
Tuesday, April 23, 2024

PARK CITY, Utah, April 23, 2024 /PRNewswire/ -- Globally recognized aesthetic device company Powered By MRP is proud to announce the launch of the ATOM Radiofrequency Microneedling System (RFMN).

Key Points: 
  • PARK CITY, Utah, April 23, 2024 /PRNewswire/ -- Globally recognized aesthetic device company Powered By MRP is proud to announce the launch of the ATOM Radiofrequency Microneedling System (RFMN).
  • This state-of-the-art device represents a breakthrough in skincare technology offering a spec-for-spec equivalent to other RFMN systems at a fraction of the cost.
  • This launch aligns with Powered By MRP's mission of reducing healthcare costs, empowering clinicians to provide high-quality treatments at lower patient pricing.
  • "ATOM's arrival in the United States market marks a new era in RFMN," said Cole Whitaker, Chief Commercial Officer of Powered By MRP.

A Labour landslide could make this the most disproportionate election since universal suffrage – time for electoral reform?

Retrieved on: 
Thursday, April 25, 2024

Polls ahead of the UK election not only point towards defeat for the government, but a veritable trouncing.

Key Points: 
  • Polls ahead of the UK election not only point towards defeat for the government, but a veritable trouncing.
  • Some multiple regression and post-stratification (MRP) polls, which enable seat-level analysis, suggest record margins of defeat.
  • A huge Labour majority is likely to come off the back of a disproportionately small number of votes.

Follow the losers

  • It’s common for the number of seats in parliament that a party wins to be highly disproportionate to its share of the overall vote.
  • Looking at the vote shares of election losers between 1929 and 2019, there is an almost perfect correlation of -0.9 between the losing major party’s vote share and the proportionality of the election outcome.
  • I’ve plotted the vote shares of the losers against the Gallagher index, which is the most widely used measure of proportionality.


Basically, as the losing party’s vote share approaches 50%, which is when we are witnessing a highly competitive two-horse race, FPTP can produce very proportional outcomes, with Gallagher index scores of sometimes below 5 (scores more typical in proportional representation systems). But as the losing major party’s vote share drops below 40%, Gallagher index scores get into double figures.

Why so disproportionate?

  • This is a very linear effect – the lower the vote share the second party gets, the more disproportionate the overall election result.
  • The first scenario is when the party system fragments and more votes go to third parties.
  • The other scenario is a very asymmetric two-party race, where the second-largest party heavily trails the winner.
  • Whenever one party moves clearly ahead of the other, disproportionality reaches levels higher than ever witnessed in the UK.

2024: a perfect storm

  • It is fragmented and there is significant asymmetry in the polling for the two main parties.
  • But the expected disproportionality in the upcoming election will be down to the Labour lead more than the degree of fragmentation.
  • In the UK’s FPTP system, both major parties’ seat shares depend heavily on how much of a lead the winner has over the loser.
  • The difference of an increase in the Labour lead by just a couple of points can change a lot under FPTP.


For proponents of electoral reform, the upcoming election is set to provide a mixed bag. On one hand, a massive Labour win renders it unlikely that the party itself would contemplate reform. On the other, anything near a two-thirds majority for Labour on the back of a vote share barely above 40%, together with severe under-representation of the Conservatives, could expose the distorting nature of FPTP more than any election in living memory.
Heinz Brandenburg does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

A new measure of firm-level competition: an application to euro area banks

Retrieved on: 
Thursday, April 18, 2024

Abstract

Key Points: 
    • Abstract
      This paper extends Boone (2008) by introducing a competition measure at the individual
      firm level rather than for an entire market segment.
    • We apply this extended Boone indicator to individual bank-level competition
      in the loan market in the four largest euro area countries and Austria.
    • Our new measure of firm-level competition enriches and complements
      other competition measures and provides a promising starting point for future market
      power analyses.
    • The only measure among non-structural measures that is based on the
      concept of competition as a process of rivalry is the Boone (2008) indicator.
    • We introduce
      a new performance measure of competition by extending the Boone indicator to the
      individual firm level.
    • Introduction
      The ability to reliably measure competition is valuable to researchers, analysts, and
      policymakers, especially antitrust authorities, financial supervisors, and central banks.
    • One broad
      category of indicators often used to measure competition are structural competition
      measures, such as static concentration measures, and dynamic measures, e.g., entry and
      exit rates.
    • Out of these measures, the only measure based on the
      concept of competition as a process of rivalry is the Boone indicator.
    • This study introduces a new performance measure of competition by extending the
      Boone indicator to the individual firm level.
    • It thus measures the
      increase in profits in percent of one percentage point increase in efficiency, with marginal
      costs as measure of efficiency.
    • We extend the theoretical
      underpinning of the measurement of competition for the entire market of Boone (2008) by
      a new measure of individual firm-level competition.
    • A concern of the literature is the gap
      between the practical application and the theoretical framework of Boone (2008).
    • We introduce within the same theoretical
      framework a new measure of competition on firm level, the MRP.
    • Our new
      measure significantly augments the antitrust evaluative framework by shedding light on
      whether a merger results in a less competitive market.
    • Our novel indicator focuses on
      firms? incentives to enhance their relative efficiency, as manifested in the elasticity
      between relative profits and efficiency.
    • However, an inefficient firm that is foreclosed could be more
      competitive than the larger efficient firm that relies on its scale economies.
    • Our new metric of competition unveils
      banks? ability to influence their profitability in the short term by cutting costs relative to
      their peers.
    • The new MRP indicator provides the ability to assess the impact
      of individual banks? competitiveness on their interest rate-setting behaviour in loan
      markets.
    • Incorporating this information promises a more refined understanding of the impact and
      timing of monetary policy rates changes on the real economy.
    • Section 3 introduces within the Boone
      (2008) theoretical framework our new measure of individual firm-level competition,
      including the interpretation of the MRP.
    • Section 4 provides an application of our new
      ECB Working Paper Series No 2925

      6

      individual firm-level competition measure to the loan market.

    • The StructureConduct-Performance paradigm (SCP) provides a traditional framework in the field of
      industrial organization for analysing competition behaviour in markets.
    • Concentrated
      markets ease the possibilities to collude implicitly or explicitly and therefore concentrated
      markets result in higher prices and profits.
    • For example, a tougher competition
      setup may lead to a reallocation of market shares, potentially forcing some firms to exit
      the market.
    • This approach gives firms? strategic behaviour
      central stage and focuses on the strategic interaction on prices and quantities, known as
      conjectural variation.
    • Another measure from
      this strand of literature is the H-statistic developed by Panzar and Rosse (1987).
    • The only competition measure from this performance literature where competition is the
      outcome from a process of rivalry is the Boone indicator.
    • A continuous and monotonically increasing relationship exists between
      RPD and the level of competition if firms are ranked by decreasing efficiency.
    • (2013) compare the Boone indicator with the price-cost margin
      and conclude that the profit elasticity is a more reliable measure of competition.
    • The high
      elasticity of profits to efficiency unequivocally indicates that the high market shares and
      therefore high profits are due to high efficiency.
    • A firm that quickly passes changes to the input prices is seen as a price
      taker with little market power.
    • Indicators of competition tend to measure different phenomenon and may provide
      conflicting messages, as reported for European banking by Carbo et al.
    • Application 2: Test the ?quiet life? and related market structure hypotheses using the
      MRP as competition or market structure measure.
    • Data
      Our application to individual bank-level competition in the euro area loan market uses
      balance sheet and income statement data from the Moody?s Analytics BankFocus for the
      calendar years 2013-2020.
    • As such, most publications
      on competition in the euro area includes the largest four member states.
    • Due to these restrictions the database was reduced to an unbalanced panel of up to 1862
      banks (depending on the year) from five euro area countries.
    • Application 1: Measure bank competition using MRP
      Looking at the distribution of the MRP for individual banks (Fig.
    • A similar finding for the four largest euro area countries as a group is
      reported in Carbo et al.
    • Application 2: Test of market structure hypotheses using MRP
      Our new measure of individual-bank competition can be used to test market structure
      theories.
    • Euro area banks? market power,
      lending channel and stability: the effects of negative policy rates, European Central Bank
      Working Paper, 2790 (February).
    • A
      new approach to measuring competition in the loan markets of the euro area, Applied
      Economics, 43 (23), 3155?3167.
    • Impact of bank competition on the interest rate pass-through in the euro area, Applied
      Economics, 45 (11), 1359?1380.

Elevated Signals Partners with pH7 Technologies to Advance Operational Efficiencies

Retrieved on: 
Monday, April 8, 2024

Elevated Signals Inc. (“Elevated Signals”), a pioneering technology company offering modern manufacturing software, today announced a new strategic partnership with pH7 Technologies (“pH7”), a cleantech innovator in sustainable mining.

Key Points: 
  • Elevated Signals Inc. (“Elevated Signals”), a pioneering technology company offering modern manufacturing software, today announced a new strategic partnership with pH7 Technologies (“pH7”), a cleantech innovator in sustainable mining.
  • Elevated Signals’ Manufacturing Resource Planning (MRP) platform is used by pH7 to capture real-time data and facilitate data-driven analytics.
  • However, these processes are complex and require highly precise inventory tracking—an area where Elevated Signals offers significant value,” said Amar Singh, CEO and co-founder of Elevated Signals.
  • ft.
    “For fast-growing companies like pH7, the ability to streamline and automate complex processes with ease is key,” Singh added.

MRP and CONTENTgine Go-To-Market As pharosIQ Following Recent Merger

Retrieved on: 
Monday, April 8, 2024

Following their recent merger , MRP and CONTENTgine introduce the launch of a new company, pharosIQ .

Key Points: 
  • Following their recent merger , MRP and CONTENTgine introduce the launch of a new company, pharosIQ .
  • The company name was chosen as a symbol of the technological synergies and diversification of solutions that arose from the merger.
  • “Our goal is to cut through the intent data noise,” said pharosIQ CEO Chris Rack.
  • With this strategic move following the merger, pharosIQ embodies the realization of a shared vision, aiming to deliver unparalleled value to B2B vendors and establish itself as an industry leader.

Rootstock Debuts AIRS™: Cutting-Edge AI for Manufacturers

Retrieved on: 
Wednesday, March 27, 2024

Short for “Artificial Intelligence (AI) from Rootstock (RS),” this revolutionary AI-based solution designed to transform manufacturing decisions was unveiled at the Rooted-In Manufacturing Conference in New Orleans.

Key Points: 
  • Short for “Artificial Intelligence (AI) from Rootstock (RS),” this revolutionary AI-based solution designed to transform manufacturing decisions was unveiled at the Rooted-In Manufacturing Conference in New Orleans.
  • AIRS marks a significant leap forward in harnessing data from the Signal Chain for predictive and generative AI power in decisioning.
  • "AIRS is not just another AI tool; it's AI that truly matters to manufacturers," said Raj Badarinath , Chief Product & Marketing Officer at Rootstock Software .
  • Manufacturers will be able to predict lead times, foresee production bottlenecks, more accurately allocate materials and resources, and reduce waste.

Stephanie Burke Named as VGXI's New Chief Accounting Officer

Retrieved on: 
Wednesday, March 27, 2024

Ms. Burke joined the company in 2015 bringing with her over a decade of accounting and leadership expertise and has since played an instrumental role in the company's financial operations.

Key Points: 
  • Ms. Burke joined the company in 2015 bringing with her over a decade of accounting and leadership expertise and has since played an instrumental role in the company's financial operations.
  • Ms. Burke has previously held leadership roles overseeing both the VGXI Accounting/Finance and Materials teams.
  • "I am honored to take on the position of Chief Accounting Officer," said Ms. Burke.
  • Her exceptional financial acumen coupled with her leadership skills make her the ideal candidate for the Chief Accounting Officer position.

Updated Features, Usability Enhancements, Developer Preview of New UI Headline Latest Acumatica Product Release

Retrieved on: 
Wednesday, March 20, 2024

BELLEVUE, Wash., March 20, 2024 /PRNewswire/ -- Acumatica, an industry-leading business solutions provider, today announced the general availability of Acumatica 2024 R1, the first of its semiannual product releases. The new release, shaped significantly by direct input from Acumatica's community of customers and partners, was specifically designed to enhance usability, increase productivity and drive efficiency.

Key Points: 
  • The new release, shaped significantly by direct input from Acumatica's community of customers and partners, was specifically designed to enhance usability, increase productivity and drive efficiency.
  • The updates also enable Acumatica customers to capitalize on the trend toward cross-industry convergence and capture new market share.
  • Also included in the 2024 R1 release and teased in the Day 2 Summit Keynote is a developer preview of the product's new user interface (UI), with a controlled release of the new UI scheduled later in 2024 before general availability in 2025.
  • Gain a unified connection between Acumatica and Amazon with synchronized data for order fulfillment, product availability, Amazon fees, payments and taxes.