Nextgen

NextGen Food Robotics Provides Update on its AI-Powered Food Ordering Application, Lily

Retrieved on: 
Thursday, February 29, 2024

Lily aims to transform the food ordering and delivery experience through advanced generative artificial intelligence powered by OpenAI’s GPT-4.0 large language model.

Key Points: 
  • Lily aims to transform the food ordering and delivery experience through advanced generative artificial intelligence powered by OpenAI’s GPT-4.0 large language model.
  • The submission of the Lily App to the Apple App Store is just the beginning of NextGen's plans to enhance food ordering and delivery.
  • The Lily app is expected to be available for download soon, subject to App Store review and approval.
  • Users are encouraged to stay tuned for the official launch announcement and prepare to experience the future of food ordering.

NextGen Ground Handling Service Announces Expansion to Four Additional Airports

Retrieved on: 
Tuesday, February 27, 2024

Combined with its existing operations in Billings, Montana (BIL) and Providence, Rhode Island (PVD), NextGen GHS now offers its ground handling services in six airport locations.

Key Points: 
  • Combined with its existing operations in Billings, Montana (BIL) and Providence, Rhode Island (PVD), NextGen GHS now offers its ground handling services in six airport locations.
  • NextGen GHS specializes in comprehensive, efficient operations that integrate all phases of ground handling.
  • In addition, NextGen GHS offers a Ground Service Equipment (GSE) fueling service that provides fast, efficient and reliable fueling.
  • “We are proud to bring our services to four additional airports, serving some of the most respected names in the Airline industry.”

IAIABC NextGen Award Nominations Open

Retrieved on: 
Thursday, February 22, 2024

Since its inception, the IAIABC has honored 54 individuals with a NextGen award.

Key Points: 
  • Since its inception, the IAIABC has honored 54 individuals with a NextGen award.
  • IAIABC NextGen Award winners are positively impacting every facet of the industry, such as claims management, business operations, data reporting, and public administration.
  • They also have a significant impact on the NextGen recipients "Being selected as an IAIABC NextGen award winner was an incredible honor!
  • NextGen Award nominations are open now and can be submitted through March 20, 2024.

LYT Proudly Announces Significant Milestones Achieved In Helping To Reduce Traffic Congestion In North American Cities During 2023

Retrieved on: 
Thursday, February 22, 2024

It harnesses the power of a single-edge device installed in Traffic Management Centers that enables these vehicles to securely speak directly to networked traffic signals in cities through the LYT cloud platform.

Key Points: 
  • It harnesses the power of a single-edge device installed in Traffic Management Centers that enables these vehicles to securely speak directly to networked traffic signals in cities through the LYT cloud platform.
  • The new dashboard provides transit organizations in cities across the U.S. an innovative fusion of data from transit vehicles and traffic lights to showcase how TSP is improving traffic congestion and transit operations.
  • AI promises to streamline traffic flow and reduce congestion for many of today’s busiest roadways and thoroughfares.
  • By integrating everyone’s real-time routing information, cloud-based traffic management systems can now optimize traffic light timing to the true needs of traffic.

Inc. Magazine Ranks CoreStack No. 41 on List of the Pacific Region’s Fastest-Growing Private Companies

Retrieved on: 
Tuesday, February 27, 2024

41 on its fourth annual Inc. 5000 Regionals: Pacific list, the most prestigious ranking of the fastest-growing private companies in the Pacific region, based in Alaska, Hawaii, California, Oregon, and Washington.

Key Points: 
  • 41 on its fourth annual Inc. 5000 Regionals: Pacific list, the most prestigious ranking of the fastest-growing private companies in the Pacific region, based in Alaska, Hawaii, California, Oregon, and Washington.
  • Born of the annual Inc. 5000 franchise, this regional list represents a unique look at the most successful companies within the Pacific economy’s most dynamic segment — its independent small businesses.
  • “We're thrilled to be named to the Inc. 5000 Regionals: Pacific list for the second year in a row!
  • Our laser focus on helping customers boost cloud productivity is paying off, and that's incredibly rewarding," said Ezhilarasan (Ez) Natarajan, CEO of CoreStack.

NextGen Healthcare and SCHIO Team Up to Help California Providers Tackle the State’s New Data Exchange Regulations

Retrieved on: 
Wednesday, February 21, 2024

This alliance will help California’s medical providers to meet 2024 data exchange regulations by using NextGen Healthcare’s Mirth interoperability solutions, including: Mirth® Health Data Hub , a data integration and interoperability platform, and Mirth® Connect , an integration engine that enables the seamless exchange of health data between various healthcare systems.

Key Points: 
  • This alliance will help California’s medical providers to meet 2024 data exchange regulations by using NextGen Healthcare’s Mirth interoperability solutions, including: Mirth® Health Data Hub , a data integration and interoperability platform, and Mirth® Connect , an integration engine that enables the seamless exchange of health data between various healthcare systems.
  • The California Health and Human Services Agency (CalHHS) recently introduced its new Data Exchange Framework (DxF), a set of extensive data exchange standards that guarantee California residents access to their medical records at any site of care in the state.
  • With DxF requirements becoming mandatory across California on January 31, 2024, Santa Cruz-based SCHIO is leveraging Mirth Solutions by NextGen Healthcare to help providers navigate the rigorous new data exchange policies.
  • “California’s Data Exchange Framework may be new, but SCHIO has been connecting healthcare providers in the state since 1996,” said Srinivas (Sri) Velamoor , president and chief operating officer of NextGen Healthcare.

Napier AI lands £45m backing from Crestline Investors to fuel continued growth in AI-powered financial crime compliance

Retrieved on: 
Wednesday, February 21, 2024

Napier AI , the London-based financial crime compliance RegTech, is pleased to announce that it has received a significant investment from Crestline Investors, Inc .

Key Points: 
  • Napier AI , the London-based financial crime compliance RegTech, is pleased to announce that it has received a significant investment from Crestline Investors, Inc .
  • Napier AI, headquartered in London, UK and founded in 2015, is a provider of AI-enhanced financial crime and regulation technology compliance software providing AML solutions across the banking, payments and wealth & asset management industries.
  • Napier AI operates in a large industry with strong tailwinds driven by increasing regulatory and compliance requirements.
  • Napier AI has historically driven strong topline growth without a traditional private equity sponsor or significant institutional capital.

Morningstar, Inc. Reports Fourth-Quarter, Full-Year 2023 Financial Results

Retrieved on: 
Thursday, February 22, 2024

Cash flows were impacted by items described in the Balance Sheet and Capital Allocation section totaling $90.8 million.

Key Points: 
  • Cash flows were impacted by items described in the Balance Sheet and Capital Allocation section totaling $90.8 million.
  • Adjusted operating income was $113.0 million in the fourth quarter of 2023, an increase of 70.2% compared with the prior-year period.
  • Free cash flow increased by 17.2% to $197.3 million for the full year 2023, compared with $168.3 million in the prior year.
  • Operating cash flow and free cash flow in 2023 were impacted by the termination of the Company's license agreement with Morningstar Japan K.K.

Y-COM Announces Rob Hughart as Chief Executive Officer

Retrieved on: 
Saturday, March 9, 2024

MELBOURNE, Fla., March 9, 2024 /PRNewswire/ -- Young's Communications, LLC ("Y-COM" or the "Company"), a premier Florida-based construction services provider to telecommunications, utility, and power infrastructure companies, backed by Grain Management, LLC ("Grain"), today announced that Rob Hughart, Y-COM's Chief Operating Officer, has been appointed as the company's Interim Chief Executive Officer as part of its transformational growth plan for 2024.

Key Points: 
  • MELBOURNE, Fla., March 9, 2024 /PRNewswire/ -- Young's Communications, LLC ("Y-COM" or the "Company"), a premier Florida-based construction services provider to telecommunications, utility, and power infrastructure companies, backed by Grain Management, LLC ("Grain"), today announced that Rob Hughart, Y-COM's Chief Operating Officer, has been appointed as the company's Interim Chief Executive Officer as part of its transformational growth plan for 2024.
  • Mr. Hughart will take over from outgoing CEO Chad Rasmussen as he steps down to pursue other personal and professional endeavors.
  • Prior to joining Y-COM, Hughart held leadership roles at Tilson Technology, KGPCo, Frontier Communications, Verizon, and Bell Atlantic.
  • We are confident that Rob, as an accomplished operator, will advance Y-COM's already strong leadership team in pursuit of continued growth."

PIF and ATP announce multi-year strategic partnership to accelerate the growth of global tennis

Retrieved on: 
Wednesday, February 28, 2024

1, presented by PIF, is crowned at the Nitto ATP Finals which will take place in Turin, Italy until 2025.

Key Points: 
  • 1, presented by PIF, is crowned at the Nitto ATP Finals which will take place in Turin, Italy until 2025.
  • PIF will partner with ATP Tour events in Indian Wells, Miami, Madrid, Beijing and the Nitto ATP Finals, in addition to the Next Gen ATP Finals, hosted in Jeddah until 2027.
  • Massimo Calvelli, ATP CEO, said: "Our strategic partnership with PIF marks a major moment for tennis.
  • Through our collaboration with ATP, PIF will be a catalyst for growth of the global tennis landscape, developing talent, fostering inclusivity and driving sustainable innovation.