Applied Media Technologies Corporation

Sirius Aviation AG and PARQ Development Join Forces, Bringing 10 Hydrogen VTOL Jets to Bali

Retrieved on:

Monday, March 25, 2024

Tourism, Partnership, Applied Media Technologies Corporation, Travel, Aviation, Insurance, Carbon

BAAR, Switzerland and UBUD BALI, Indonesia, March 25, 2024 /PRNewswire/ -- Trailblazing aerospace company, Sirius Aviation AG, is proud to announce a groundbreaking partnership with PARQ Development, providing ten cutting-edge hydrogen-powered vertical takeoff and landing (VTOL) jets along with tailored support services to the picturesque landscapes of Bali, Indonesia. The agreement is estimated to be worth $50 million, reflecting a significant investment in advancing sustainable aviation initiatives.

Key Points:

Under the new deal, PARQ Development will receive five Sirius Millennium Jets and five Sirius Business Jets poised to revolutionize sustainable travel in Bali and the nearby islands.
Additionally, Sirius Aviation AG will establish five vertiports and five hydrogen generators, facilitating VTOL operations, enhancing accessibility, stimulating eco-friendly tourism, and economic growth in Indonesia.
The Sirius Jet, the world's first hydrogen-powered, zero-emissions VTOL aircraft, will further PARQ Development's long-term commitment to sustainability in the region.
In a revolutionary step towards eco-friendly aviation and innovative sales strategies, Sirius Aviation AG, alongside Swiss banks, introduces a pioneering leasing scheme to PARQ.

Over 80% of Retailers Challenged by Shrink; Better Analytics Can Drive Profitability

Retrieved on:

Wednesday, October 25, 2023

According to the National Retail Federation (NRF), retailers lost $112 billion due to shrink in 2022, up from nearly $94 billion in 2021.

Key Points:

According to the National Retail Federation (NRF), retailers lost $112 billion due to shrink in 2022, up from nearly $94 billion in 2021.
The Zebra study indicates 36% of retailers believe better analytics on shrink could help drive profitability.
Many retailers expect to deploy loss prevention analytics (49%) and demand planning and forecasting (54%) by 2026.
Over three-fourths of retailers (77%) in North America say accepting returns of online orders is a significant challenge, compared to 81% globally.

Minnesota Vikings Partner with Zebra to Gain Real-Time Insights on Player Performance

Retrieved on:

Wednesday, September 6, 2023

Zebra is applying its best-in-class RFID tracking technology to capture player and ball data for each of the Vikings’ practice sessions this season, uncovering insights that inform game plans, evaluate player performance, and contextualize player health and safety.

Key Points:

Zebra is applying its best-in-class RFID tracking technology to capture player and ball data for each of the Vikings’ practice sessions this season, uncovering insights that inform game plans, evaluate player performance, and contextualize player health and safety.
View the full release here: https://www.businesswire.com/news/home/20230906451144/en/
Minnesota Vikings Choose Zebra Technologies to Gain Real-Time Insights on Player Performance (Graphic: Business Wire)
“We’re always looking for new, innovative tools that prepare our players to be their best on game day,” said Tyler Williams, Vice President, Player Health & Performance, Minnesota Vikings.
“Zebra’s tracking solution provides us with the information we need to make educated decisions about on-field performance, player workloads and return-to-play decisions.
The Minnesota Vikings have selected the Zebra MotionWorks™ Sport system to capture player and ball data during practice sessions this season.

Zebra Technologies Introduces “The Modern Store by Zebra” to Help Retailers Solve Ongoing Store Challenges

Retrieved on:

Wednesday, January 11, 2023

Backed by comprehensive services and a global partner ecosystem, The Modern Store by Zebra empowers retailers to better engage associates, optimize inventory and elevate the customer experience.

Key Points:

Backed by comprehensive services and a global partner ecosystem, The Modern Store by Zebra empowers retailers to better engage associates, optimize inventory and elevate the customer experience.
The comprehensive Modern Store by Zebra framework addresses physical retailers’ current pain points and meets each retailer where they are on their modernization journey.
“The Modern Store by Zebra will help drive more engaged associates and optimized inventory to enable retailers to improve productivity and deliver a better customer experience.
Working with The Modern Store framework, retailers can address their current business challenges while also preparing for the future.

Halwell Mutual Insurance Company and Applied Partner to Enable Real-Time Commercial Lines Rating

Retrieved on:

Wednesday, January 4, 2023

Partnership, Halwell, Automation, Applied Media Technologies Corporation, International Institute for Applied Systems Analysis, Small business, Insurance, General insurance, Senior, CSIO

MISSISSAUGA, ON, Jan. 04, 2023 (GLOBE NEWSWIRE) -- Applied Systems® today announced a partnership with Halwell Mutual Insurance Company to enable real-time commercial lines quoting.

Key Points:

MISSISSAUGA, ON, Jan. 04, 2023 (GLOBE NEWSWIRE) -- Applied Systems® today announced a partnership with Halwell Mutual Insurance Company to enable real-time commercial lines quoting.
“Bringing the benefits of automation to the commercial lines insurance process is long overdue,” said Marg Torrance, President & Chief Executive Officer, Halwell Mutual Insurance Company.
Halwell Mutual Insurance Company is among a growing list of insurer partners that includes Edge Mutual Insurance Company, Wawanesa Mutual Insurance Company, L’Unique General Insurance, Four Points Insurance and others that are trading commercial lines business on Applied’s platform.
Collectively this will allow for a better experience for business owners turning to the broker channel for their insurance needs."

Amazon Music and Fraunhofer Are “Driving Immersive Sound” With 360 Reality Audio In-Car Streaming at CES 2023

Retrieved on:

Tuesday, January 3, 2023

Fraunhofer IIS, primary developer of the MPEG-H 3D Audio standard, and Amazon Music, the premium audio entertainment service, will demonstrate together at CES 2023 how immersive and authentic 360 Reality Audio music can sound in a vehicle.

Key Points:

Fraunhofer IIS, primary developer of the MPEG-H 3D Audio standard, and Amazon Music, the premium audio entertainment service, will demonstrate together at CES 2023 how immersive and authentic 360 Reality Audio music can sound in a vehicle.
Several well-established services including Amazon Music offer an immersive audio experience powered by 360 Reality Audio, which is based on the MPEG-H Audio standard, to mobile and living room devices already.
The 360 Reality Audio music format based on MPEG-H 3D Audio offers a new music ecosystem utilizing Sony’s object-based 360 Spatial Sound technology.
360 Reality Audio music services are available from multiple streaming service providers worldwide, including Amazon Music.

Accenture Reports Strong First-Quarter Fiscal 2023 Results

Retrieved on:

Friday, December 16, 2022

Revenues for the first quarter of fiscal 2023 were $15.75 billion, compared with $14.97 billion for the first quarter of fiscal 2022, an increase of 5% in U.S. dollars and 15% in local currency.

Key Points:

Revenues for the first quarter of fiscal 2023 were $15.75 billion, compared with $14.97 billion for the first quarter of fiscal 2022, an increase of 5% in U.S. dollars and 15% in local currency.
Accentures first-quarter fiscal 2023 revenues were approximately $150 million above this adjusted range.
Accenture continues to expect operating margin for the full 2023 fiscal year to be in the range of 15.3% to 15.5%, an expansion of 10 to 30 basis points from fiscal 2022.
Accenture will host a conference call at 8:00 a.m. EST today to discuss its first-quarter fiscal 2023 financial results.

Self-Serve Drives Seven-in-10 Shoppers’ Improved Satisfaction with Retail Associates

Retrieved on:

Tuesday, October 25, 2022

Shoppers dont see channels, they see one shopping experience however they shop, said Matthew Guiste, Retail Industry Lead, Zebra Technologies.

Key Points:

Shoppers dont see channels, they see one shopping experience however they shop, said Matthew Guiste, Retail Industry Lead, Zebra Technologies.
Seven-in-10 shoppers are satisfied with help from retail associates, compared to only 37% in 2007.
And shoppers, associates and retail decision-makers agree shoppers have a better experience when associates use the latest technology to assist them.
The expectations, experiences, and behaviors of shoppers, associates and retail executives continue to evolve at an increasingly rapid pace.

Academy of Art University Announces Launch of New School of Brand Communications

Retrieved on:

Monday, June 20, 2022

The School of Brand Communications is to provide a cohesive umbrella advancing curricula within the School of Advertising, School of Graphic Design, School of Interaction UX/UI Design, and School of Communications & Media Technologies

Key Points:

The School of Brand Communications is to provide a cohesive umbrella advancing curricula within the School of Advertising, School of Graphic Design, School of Interaction UX/UI Design, and School of Communications & Media Technologies
SAN FRANCISCO, June 20, 2022 /PRNewswire/ -- Academy of Art University today announced the launch of the School of Brand Communications, a consolidation of its School of Advertising, School of Graphic Design, School of Interaction & UX/UI Design, and School of Communications & Media Technologies.
"Our goal is to continuously advance our curriculum to ensure what our students are learning is in lockstep with the current and future demands of the industry," said Dr. Elisa Stephens, President, Academy of Art University.
The new School of Brand Communications will be led by industry experts Doug Van Praet and Anna Villano, both of whom will be relocating from Los Angeles to take on the Executive Director roles.
The consolidation of the School of Advertising, School of Graphic Design, School of Interaction & UX/UI Design, and School of Communications & Media Technologies to build the School of Brand Communications will not impact past, current or future credits, classes, degrees or costs for students.

Stellus Capital Management Closes Stellus Credit Fund III Stellus Capital Management Launches Private Business Development Company

Retrieved on:

Thursday, May 19, 2022

Stellus Capital Management, LLC (Stellus or the Firm), a leader in middle market direct lending, today announced the final close of Stellus Credit Fund III (SCF III or the Fund).

Key Points:

Stellus Capital Management, LLC (Stellus or the Firm), a leader in middle market direct lending, today announced the final close of Stellus Credit Fund III (SCF III or the Fund).
The Firm materially exceeded its target fundraising goal with approximately $1.8 billion of investable capital including target leverage, capital commitments to SCF III, investor-specific vehicles, and a newly launched private Business Development Company (Stellus Private Credit BDC (SPBDC).
SCF III, the successor to Stellus Credit Fund II (a $478 million fund closed in September 2018), closed on March 25, 2022 and has already invested in 36 portfolio companies.
As part of the Firms focus on offering diverse options to meet investors structural needs, Stellus raised $225 million of anchor capital for Stellus Private Credit BDC, a private business development company regulated under the Investment Company Act of 1940, as amended.