Innovative Solutions In Space

David Rutchik Joins Mastek's US Board in Non-Executive Capacity

Retrieved on: 
Wednesday, March 9, 2022
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DALLAS, March 09, 2022 (GLOBE NEWSWIRE) -- Mastek, a global digital engineering & cloud transformation specialist, announced that David Rutchik has joined Mastek's US Board.

Key Points: 
  • DALLAS, March 09, 2022 (GLOBE NEWSWIRE) -- Mastek, a global digital engineering & cloud transformation specialist, announced that David Rutchik has joined Mastek's US Board.
  • David is the Managing Partner of The Dorzac Group, a private investment, executive advisory, and private equity operating support provider.
  • Hiral Chandrana, Global CEO of Mastek Group, said, "David has an incredible track record in building & sustaining trusted relationships with enterprise CXOs.
  • "I'm excited to join Mastek's US Board as the company builds upon its rich history to grow its significant digital and cloud capabilities in the US marketplace.

Mobilizing finance to meet Indonesia’s renewable energy ambition – Difficult but not impossible

Retrieved on: 
Friday, March 4, 2022
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Both government and the private sector need to show increased commitment by investing in the clean energy transition.

Key Points: 
  • Both government and the private sector need to show increased commitment by investing in the clean energy transition.
  • Greater investments in renewable energy solutions are key for Indonesia to meet its ambitious renewable energy targets and to ensure a just energy transition for all, said Tamojit Chatterjee, Energy Specialist at SEforALL.
  • Moving forward, innovative solutions will be needed to unlock finance for renewables that deliver new energy access to people and support the countrys plans for a low-carbon energy transition.
  • Continue investments in renewables whilst scale lending in renewable energy infrastructure, such as deployment of smart grids, energy management systems, and transmission infrastructures.

Mobilizing finance to meet India’s renewable energy ambition – Difficult but not impossible

Retrieved on: 
Friday, March 4, 2022
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However, the report highlights how fossil fuels, especially coal, continue to be the mainstay of Indias electricity generation mix.

Key Points: 
  • However, the report highlights how fossil fuels, especially coal, continue to be the mainstay of Indias electricity generation mix.
  • Despite renewable sources representing 38 percent of the power system generating capacity in 2020-2021, coal still accounts for 74 percent of Indias electricity generation.
  • Most finance commitments have gone towards grid-connected renewables in recent years, but investment in coal-fired power plants continues in India.
  • There is real opportunity for commercial finance institutions to aggressively expand their renewable energy portfolio along with investments targeting innovation in sectors such as storage and distributed energy systems.

Innovent Solutions Releases FindTuner® v3.5 with new targeting capabilties, multi-language support and improved usability.

Retrieved on: 
Monday, February 21, 2022
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IRVINE, Calif., Feb. 21, 2022 /PRNewswire-PRWeb/ -- Innovent Solutions , Inc., a leading integrator of eCommerce search and merchandising solutions using Apache Solr, releases FindTuner version 3.5.

Key Points: 
  • IRVINE, Calif., Feb. 21, 2022 /PRNewswire-PRWeb/ -- Innovent Solutions , Inc., a leading integrator of eCommerce search and merchandising solutions using Apache Solr, releases FindTuner version 3.5.
  • The new release provides additional targeting capabilities, enhanced multi-language support, and improved usability.
  • New Targets: FindTuner 3.5 expands its unrivalled targeting capabilities to allow merchandisers to be more effective in executing their business goals.
  • Innovent Solutions, the Innovent Solutions logo and FindTuner are registered trademarks of Innovent Solutions, Inc. in the U.S. All other brands, names or trademarks mentioned may be trademarks of their respective owners.

Innovative Solutions & Support, Inc. Announces Significant Increase in First Quarter Fiscal 2022 Revenues and Earnings

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Wednesday, February 9, 2022
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Innovative Solutions & Support, Inc. (IS&S or the Company) (NASDAQ: ISSC) today announced its financial results for the first quarter of fiscal year 2022, which ended December 31, 2021.

Key Points: 
  • Innovative Solutions & Support, Inc. (IS&S or the Company) (NASDAQ: ISSC) today announced its financial results for the first quarter of fiscal year 2022, which ended December 31, 2021.
  • For the first quarter of fiscal 2022, the Company reported net sales of $6.7 million, up 38% as compared to $4.9 million in the first quarter a year ago.
  • The Company reported a 372% increase in net income to $1.1 million, or $0.07 per share, compared the first quarter of fiscal 2021.
  • New orders in the first quarter of fiscal 2022 were approximately $3.8 million and backlog as of December 31, 2021, was $6.2 million.

The Roofing Alliance Announces Winners at NRCA's Awards Ceremony

Retrieved on: 
Thursday, February 3, 2022
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ROSEMONT, Ill., Feb. 3, 2022 /PRNewswire-PRWeb/ --The Roofing Alliance, the foundation of the National Roofing Contractors Association (NRCA), proudly announces this year's winners of the Most Valuable Player (MVP) Awards, Best of the Best Award, Gold Circle Awards and Student Competition winners who were recognized at NRCA's Awards Ceremony held during the International Roofing Expo in New Orleans on February 2, 2022.

Key Points: 
  • ROSEMONT, Ill., Feb. 3, 2022 /PRNewswire-PRWeb/ --The Roofing Alliance, the foundation of the National Roofing Contractors Association (NRCA), proudly announces this year's winners of the Most Valuable Player (MVP) Awards, Best of the Best Award, Gold Circle Awards and Student Competition winners who were recognized at NRCA's Awards Ceremony held during the International Roofing Expo in New Orleans on February 2, 2022.
  • The Best of the Best award is an honor co-sponsored by OMG Roofing Products and Professional Roofing magazine.
  • The five finalist teams gave oral presentations as the final stage of the eighth annual Roofing Alliance Construction Management Student Competition.
  • For more information on the Roofing Alliance and all the awards and award winners, contact Executive Director Alison L. LaValley, CAE at [email protected] or visit http://www.roofingalliance.net .

Mastek Appoints Ritwik Batabyal as Chief Technology and Innovation Officer

Retrieved on: 
Tuesday, February 1, 2022
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DALLAS, Feb. 01, 2022 (GLOBE NEWSWIRE) -- Mastek, a global digital engineering and cloud transformation specialist, announced the appointment of Ritwik Batabyal as Chief Technology and Innovation Officer.

Key Points: 
  • DALLAS, Feb. 01, 2022 (GLOBE NEWSWIRE) -- Mastek, a global digital engineering and cloud transformation specialist, announced the appointment of Ritwik Batabyal as Chief Technology and Innovation Officer.
  • Commenting on the appointment, Hiral Chandrana, Global Chief Executive Officer of Mastek Group, said, "We are excited to welcome Ritwik to the Mastek family as we continue to scale our partnerships with clients.
  • Ritwik brings deep expertise in cloud services, software, and startups built on an extensive career in technology.
  • Prior to joining Mastek, Ritwik was working with L&T Technology Services where he was Global Delivery Head for Platform, Products and Solutions Business.

Tevano Signs MOU with the Innovation Center Foundation

Retrieved on: 
Tuesday, February 1, 2022
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Vancouver, British Columbia--(Newsfile Corp. - February 1, 2022) - Tevano Systems Holdings Inc. (CSE: TEVO) (FSE: 7RB) ("Tevano", or the "Company") is very pleased to announce that it and its wholly-owned subsidiary Illuria Security, Inc. ("Illuria") have signed a non-binding memorandum of understanding with the Innovation Center Foundation, in Armenia ("Cyhub Armenia") ("MOU").

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - February 1, 2022) - Tevano Systems Holdings Inc. (CSE: TEVO) (FSE: 7RB) ("Tevano", or the "Company") is very pleased to announce that it and its wholly-owned subsidiary Illuria Security, Inc. ("Illuria") have signed a non-binding memorandum of understanding with the Innovation Center Foundation, in Armenia ("Cyhub Armenia") ("MOU").
  • Mari Barseghyan, Director of the Innovation Center Foundation, in Armenia, said, "We are committed to support the Armenian digital economy and competitiveness.
  • Cyber-deception software utilizes a strategy of implementing "lures and decoys" to divert attack attempts away from critical resources.
  • Tevano Systems Holdings Inc., through its operating subsidiaries, is a technology company with custom and proprietary hardware and software technologies.

Mastek Appoints Global Head of Marketing & Partnerships for Mastek Group to Support Its Next Phase of Growth Amplified by Trust, Value & Velocity

Retrieved on: 
Thursday, January 13, 2022
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Prajakta joins Mastek from Capgemini and will be responsible for Global Marketing and brand transformation, enabling go-to-market strategies, digital & content marketing, and corporate communications.

Key Points: 
  • Prajakta joins Mastek from Capgemini and will be responsible for Global Marketing and brand transformation, enabling go-to-market strategies, digital & content marketing, and corporate communications.
  • She will also drive relationships with the partner ecosystem, analyst firms, and advisory boards as Mastek continues its growth journey.
  • Prajakta brings along more than 20 years of global experience in the IT industry across Sales, Consulting, Marketing, and the Alliances realm.
  • Commenting on the appointment, Hiral Chandrana, Global Chief Executive Officer, Mastek Group, said: "Our clients trust us to solve their complex challenges and deliver business value with velocity.

5G Energy Awarded Contract for Optimizing Energy Use in Royal Canadian Navy’s New Facility

Retrieved on: 
Tuesday, January 4, 2022
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BorgConnect shall connect to multiple devices within a micro-grid in the state-of-the-art naval facility in Esquimalt, BC, and shall dynamically reconcile between energy sources, optimize the use of energy and reduce carbon footprint.

Key Points: 
  • BorgConnect shall connect to multiple devices within a micro-grid in the state-of-the-art naval facility in Esquimalt, BC, and shall dynamically reconcile between energy sources, optimize the use of energy and reduce carbon footprint.
  • 5G Energy is a company within the 5G Group (5G) that has developed a smart Industrial IoT platform called BorgConnect that embodies Artificial Intelligence, Machine Learning and Edge Computing technologies to dynamically optimize energy consumption and improve efficiency, effectiveness & productivity of industrial processes and equipment.
  • The low cost platform requires very minimal IT infrastructure for implementation and serves 4 mobile apps for users to visualize and perform the said optimizations in real time.
  • The company has a customer footprint in Canada and the USA, but as a group, 5G has served global leaders across 14 countries over the last two decades.