Autonomous Mobile Robots by Synergy Dynamics (HK) Ltd Triumph in Warehouse Trials Across China

HONG KONG, May 26, 2023 – (ACN Newswire) – The successful testing period conducted by Synergy Dynamics (HK) Limited is a significant achievement for the company, demonstrating its ability to develop and deploy advanced autonomous mobile robots that can revolutionize the logistics industry. The testing, which involved various warehouses and applications, showcased the robots' adaptability and versatility, indicating their potential to solve other logistical challenges companies face.

Quan Lan, CEO of Synergy Dynamics (HK) Limited, expressed his satisfaction with the testing results, saying, "We are thrilled with the results of our testing. Our autonomous mobile robots have shown that they are capable of revolutionizing the way warehouses operate. By reducing labor costs and increasing efficiency, our robots will help companies save money and increase their competitiveness."

The robots' ability to navigate complex environments, avoid obstacles and communicate with each other to optimize their movements was a critical factor in the testing's success. The robots can use advanced algorithms and sensors to detect their surroundings and adjust their movements accordingly. This feature is essential in warehouses, where there are multiple obstacles, such as racks, boxes, and people, that the robots need to navigate to transport materials from one location to another.

The robots' efficiency and productivity have also been tested and shown to improve warehouse efficiency by up to 50%. By automating manual tasks and optimizing the movement of materials, the robots can reduce labor costs and improve productivity, ultimately leading to higher profits for companies.

Synergy Dynamics (HK) Limited plans to release a full fleet of robots by 2024, indicating the company's confidence in the technology's potential to disrupt the logistics industry positively. The company's focus on developing robots designed for different applications also indicates its commitment to solving specific logistical challenges faced by different companies.

Stephen Lei, Chief Technology Officer at Synergy Dynamics (HK) Limited, emphasized the company's goal of providing customers with cutting-edge solutions. He said, "Our goal is to provide companies with the tools they need to succeed in today's competitive marketplace. Our robots are innovative and intelligent, and we are excited to bring them to market."

The interest shown by major companies in China and other countries highlights the potential market for Synergy Dynamics (HK) Limited robotic solutions. With the increasing demand for advanced logistics technologies, Synergy Dynamics (HK) Limited is well-positioned to capture significant market share with its innovative automated solutions.

About Synergy Dynamics (HK) Limited

Founded in 2013, Synergy Dynamics (HK) Limited is a robotics and artificial intelligence (AI) company creating robots to tackle real-world problems. Headquartered in Shenzhen, our mission is to use the power of AI robotics to improve warehouse procedures and the lives of human workers.

Contact Information:
Marcus Lee
Director of Investor Relations
marcus.lee@automatedsynergy.com
+852 370 276 50

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Taiwan Excellence Debuts at ATxSG 2023 with Award-Winning Tech Solutions

SINGAPORE, May 24, 2023 – (ACN Newswire) – Taiwan Excellence, an award-winning entity established by the Bureau of Foreign Trade and the Taiwan External Trade Development Council (TAITRA), makes its debut at this year's Asia Tech x Singapore (ATxSG) Conference 2023. It will be showcasing over 30 innovative products ranging from smart home solutions and artificial intelligence (AI) tools to Industrial Internet of Things (IIoT) and Smart City applications from 15 leading Taiwanese technology companies.



All products and technologies at the Taiwan Excellence Pavilion have been distinguished with the Taiwan Excellence Award, the highest accolade bestowed upon Taiwan-originated products based on their excellence in design, quality, marketing, Taiwanese R&D, and manufacturing. Through this showcase, Taiwan Excellence hopes to bridge up the bilateral ICT communities and foster more collaborations and partnerships with Singapore and other countries in the region.

Said Wu Yi-Ling, Director of Taiwan Trade Centre, Singapore, "We are delighted to be here at Asia Tech x Singapore. As Asia's flagship technology event, it is the ideal platform for us to show visitors from across the globe Taiwan's technological advancements and prowess, and the tremendous value that we can bring to any potential collaborations. We also look forward to fostering knowledge exchange and deeper partnerships with customers, fellow innovators, and members of the larger Information and communication technologies industry."

Taiwan is currently the sixth largest economy in Asia and currently ranks seventh in global competitiveness and 13th globally in innovation. It has been an indispensable player in the world's high technology sector, dominating the global semiconductor market for the past three decades. The country produces over 60% of the world's integrated circuits and electronic components and accounts for a considerable share of the global computer hardware, and mobile phones. Taiwan is forging its path from being a manufacturing efficiency-focused to an intellectual property- and innovation-driven economy.

The Taiwan Excellence Pavilion is located at Singapore Expo, Hall 3, Booth 3L2-03, and can be visited during the Asia Tech x Singapore Conference 2023 from 7th to 9th June.

Key brands and innovations on show at the Pavilion include:

E-Ink
E Ink Prism is a unique and dynamic material for design which incorporates both black and white, and color changing electronic ink technology. Manufacturers and designers now have the ability to integrate innovative films with surfaces and design to dynamically change colors, patterns, and habitats. Programmable patterns and shapes can be integrated to create designs or functions.

MSI
MSI FUNTORO develops a smart and complete solution with a cloud management platform for electric buses. By integration of CANBUS and various sensors, the vehicle and driving data are collected and transmitted to backend platform to allow real-time fleet management and remote monitoring on system devices, driver behaviors, on-duty time, and battery efficiency to enhance fleet safety and operation efficiency.

Nilvana
Nilvana's Vision Studio is positioned as an intuitive zero-code AI model development tool to assist industries entering the AI field without any technical barriers and thresholds. Nilvana provides multi-person real-time collaborative labeling, and auto-labeling to accelerate AI development and assist customers and partners in boosting their corporate output value and facilitating the integration of AI applications and IoT edge devices.

WebComm
WebComm's OETH Cloud Identity Solution allows enterprises to easily implement passwordless verification, improving the single sign-on (SSO) experience. Featuring information security based on International FIDO standards, it enables on-demand payments which reduce the cost of maintenance and building, and allows for easy enablement and fast implementation for enterprises, passwordless SSO with access to VPN, VDI, and various enterprise systems.

About Taiwan Excellence Awards

The Taiwan Excellence Awards were established by the Ministry of Economic Affairs in 1993. Every year, eligible candidates are subjected to a rigorous and stringent selection system that covers four major aspects of "R&D", "Design", "Quality" and "Marketing" to identify outstanding products that offer "Innovative Value" while satisfying the key criterion of being "made in Taiwan". Products that have been selected for the Taiwan Excellence Awards would serve as examples of the domestic industries and be promoted by the government in the international market to shape the creative image of Taiwanese businesses.

The organizers of Taiwan Excellence

– The Bureau of Foreign Trade (BOFT), which was established by the Ministry of Economic Affairs (MOEA) on January 1, 1969, is responsible for formulating Taiwan's international trade policies, promoting trade, and managing trade-related activities.

– Taiwan External Trade Development Council (TAITRA)
Founded in 1970, TAITRA is Taiwan's foremost nonprofit trade promoting organization. Sponsored by the government and industry organizations, TAITRA assists enterprises to expand their global reach. Together with Taipei World Trade Center (TWTC) and Taiwan Trade Center (TTC), TAITRA has formed a global network dedicated to promoting world trade.

For Media Enquiries
PRecious Communications for TAITRA
Tel: +65 6303 0567
Email: taitra2023@preciouscomms.com

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

PowerUP Asia 2023 Opens Tomorrow with Power Electronics Trends in Focus

TAIPEI, TW, May 23, 2023 – (ACN Newswire) – The inaugural PowerUP Asia, organized by AspenCore, publisher of EETimes Asia, EETimes India, and EDN Asia, opens tomorrow with the latest power electronics topics, including wide-band gap (WBG) devices such as gallium nitride (GaN) and silicon carbide (SiC), power semiconductors, and related technologies, in focus.

With the theme Spotlight on Asia’s Power Electronics Innovations, Trends, and Developments, PowerUP Asia is a three-day virtual conference and exhibition (May 24-26, 2023) highlighting the latest technology developments, challenges, and opportunities in the power electronics sector.

PowerUP Asia builds on the success of the established PowerUP Expo, a virtual conference and exhibition being held by Power Electronics News. Focusing on trends and innovations in this region, speakers include:

  • Francesco Muggeri, Vice President of Marketing & Applications, Power Discrete & Analog, APeC/China, STMicroelectronics, WBG Technologies Toward Sustainability
  • Alex Lidow, CEO and Co-Founder, Efficient Power Conversion (EPC), GaN Evolution – The Present and the Future
  • Stephen Coates, General Manager (Asia) and VP of Global Operation, GaN Systems, GaN is Pushing the Boundaries of Power Density and Efficiency
  • Jacky Wan, Vice President, Supplier Management & Engineering – APAC, Arrow Electronics, and Jason Khor, Senior Manager, Engineering, Arrow Electronics, Powering the Future: The Rise of Wide Bandgap Materials in Industrial, Automotive, and Renewable Energy Applications
  • Andrea Bricconi, Chief Commercial Officer, Cambridge GaN Devices, Powering Up the Future with GaN: Why and How GaN is Replacing Silicon in Power Conversion
  • Dr. Ravinder Pal Singh, Product Application Engineer, Infineon Technologies, Wide Bandgap Devices for a Greener Future
  • Daryl Wan, Regional Sales Director, India, ASEAN, ANZ, Analog Devices Inc., Power to Unleash Your Innovations
  • Mark Gerber, Sr. Director, Engineering & Technical Marketing, ASE Inc., Advanced Packaging: Enabling Greater Power Efficiency
  • Hyungmook Choi (Michael Choi), VP of Power Business Development, UTAC Group, Revolutionizing the Semiconductor Market: Preparing for Future Growth in Automotive, AI, and HPC with Innovative Package Development for SiC, GaN, and Silicon Devices
  • Gabriel Rojas, Application Engineer, Rohde & Schwarz, Best Practice on Probing with High Voltage Differential Probes
  • Alvin Tan, Senior Marketing Manager, NXP Semiconductors, NXP EVSE Solutions for the Future

Spotlight on WBG

The WBG market has experienced expansion and rising industrial acceptance. As technology advances, businesses are creating a wide range of products that offer advantages in a number of applications for the industrial, automotive, and consumer industries, among others. Devices such as GaN and SiC are supplying the market with the proper input by offering fresh solutions to the challenges that designers confront in an era where “efficiency” is the watchword.

At PowerUP Asia, a panel of industry experts from some of the leading companies focusing on GaN and SiC technologies will discuss the challenges that engineers currently face in a variety of application contexts, as well as the obstacles that still need to be removed for widespread adoption, to produce improved performance and lower costs that will benefit the industry as a whole.

With the theme “Recent Advances and Upcoming Challenges for Wide Bandgap Semiconductors,” the panel discussion will be moderated by Eng. Maurizio Di Paolo Emilio, Ph.D., Editor-in-Chief of Power Electronics News and EEWeb, will feature the following panelists:

  • Andrea Bricconi, CCO, Cambridge GaN Devices
  • Thierry Bouchet, CEO, Wise Integration
  • Stephen Coates, General Manager (Asia) and VP of Global Operation, GaN Systems Inc.
  • Amitava Das, Co-Founder & COO, Tagore Technology
  • Pete Losee, Director of Technology Development, Qorvo Inc.
  • Francesco Muggeri, Vice President of Marketing & Applications, Power Discrete & Analog, APeC/China, STMicroelectronics

For more information and to register, visit https://ve.eetasia.com/powerup2023.

About AspenCore

AspenCore is a unique collection of brands and products that have set the standard in meeting the demands of today’s engineers.

We reach over 15 million technologists, designers, engineers, and managers. We connect this electronics community to reliable news, authoritative analysis, industry trends, and daily information on new technology.

Our brands include EE Times, Electronic Products, EPSNews, ESM China, IoT Times, Power Electronics News, EDN, EEWeb, Electro Schematics, Elektroda.pl, Embedded.com, Planet Analog, and more.

For more information, visit https://aspencore.com.

Contact Person
Celia Shih
Marketing Manager
Taiwan/ASEAN Marketing and Circulation Department
T: +886 227591366 Ext. 103/222
E: celia.shih@aspencore.com



Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

BluWave-ai and Dubai Taxi Sign Partnership to Decarbonize Fleet With Electric Vehicles Managed by Artificial Intelligence

OTTAWA, ON, May 2, 2023 – (ACN Newswire) – Dubai Taxi Corporation (DTC), a division of the Roads and Transport Authority (RTA) of Dubai UAE, signed an agreement with BluWave-ai to partner with its built-in-Canada AI platform to further enhance energy efficiency. The signing ceremony took place in the DTC headquarters in Dubai, co-chaired by Mansour Rahma Alfalasi, CEO of Dubai Taxi, and Devashish Paul, CEO of BluWave-ai, with the presence of a number of officials from both parties. The Canadian company is represented by Al Usul Company in the United Arab Emirates.


BluWave-ai and Dubai Taxi


The agreement will bring the BluWave-ai specialized artificial intelligence solutions into the fields of renewable energy and transport electrification to develop optimization models in EV energy management and revenue maximization for DTC's fleet, which is projected to grow to over 2000 EVs. DTC is accelerating the partnership with multiple years of historical and live data from real-world operations that will allow BluWave-ai to develop operating models for the electrical vehicles that combine elements such as charging durations, levels, vehicle on-road activity, weather and holiday impacts, events, and revenue concentration vs. charging time opportunity costs. During the project, the offline models will be taken to live deployment to be continuously retrained and enhanced. The agreement includes the appointment of a joint committee from both sides to follow up with the operational plan and mission objectives, and study performance outputs to exchange the best practices in innovation and collaboration.

This agreement was announced in unison with DTC's plans to transform 100% of its fleet to low-carbon footprint vehicles by 2027. This encompasses hybrid, hydrogen fuel cell, and electrical vehicles. The plan has been approved by the RTA to further the corporate strategy to provide innovative and sustainable transportation services in accordance with the highest international standards for which an AI platform is instrumental.

"The new cooperation agreement between Canada's BluWave-ai and Dubai Taxi Corporation will support UAE's net zero by 2050 and electrify the transportation sector," said Jean-Philippe Linteau, Consul General of Canada in Dubai and the Northern Emirates. He also added, "This agreement will help bring environment-friendly vehicles to Dubai as an example of a Canada-UAE climate change partnership milestone ahead of COP28."

The BluWave-ai EV Fleet Orchestrator software product uses AI to assist fleet operators in integrating electric vehicles into their fleets. The solution offers features such as intelligent EV charging, route and schedule optimization, and depot and BESS management to optimize the use of EVs. The product uses AI and machine learning algorithms to help fleet operators make informed decisions, thus reducing costs and increasing efficiency. The overall goal of the product is to help fleet operators overcome the challenges of adopting EVs, which will ultimately lead to a reduction in their carbon footprint.

"The Dubai Taxi Corporation is keen to provide safe and sustainable digital transportation solutions using the latest technologies by consolidating the foundations of strategic partnership with a globally experienced company," said Mansour Rahma Alfalasi, the CEO of Dubai Taxi. "This agreement comes in line with the Dubai government strategy towards comprehensive environmental sustainability by implementing targets to reduce carbon emissions in the taxi sector, as per the requirements of the Dubai Supreme Council of Energy, and the transition towards a green economy. This partnership is enhancing the exchange of expertise and experiences to improve services that contribute to achieving its vision of leadership in providing safe and sustainable digital transportation services."

"This partnership with Dubai Taxi is laying the foundation to show real-world AI-enabled decarbonization in the lead-up to COP28," said Devashish Paul, CEO of BluWave-ai. "We are thrilled to implement the strategic directions of the Dubai government aimed at offering green vehicles for a more sustainable environment, praising the advanced and reliable transport services provided by the company to its customers. This emphasizes the commitment to achieve the full outputs of the agreement through cooperation and ensuring the integration of the efforts of both sides, based on working in a team spirit to achieve our shared goals."

To purchase BluWave-ai's EV Fleet Orchestrator(TM) and EV Everywhere products or to participate with BluWave-ai's interoperability testing, please contact info@bluwave-ai.com.

Contact Information:
Brandon Paul
Senior Corporate Marketing Manager
brandon.paul@bluwave-ai.com

SOURCE: BluWave-ai

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

GaN and SiC Technologies on Spotlight at PowerUP Asia Conference

TAIPEI, TAIWAN, Apr 24, 2023 – (ACN Newswire) – The power electronics landscape is changing. Wide-bandgap (WBG) devices, including gallium nitride (GaN) and silicon carbide (SiC), are gaining traction in replacing silicon devices, which are reaching their theoretical limits in performance, in applications including power modules and power inverters, motor drives, and chargers and adapters, to name a few.



According to Yole Developpement, the power GaN market will be worth $2 billion in 2027, with consumer applications, including power supplies and Class D audio amplifiers, representing about 48% of the total GaN industry.

In particular, the consumer power supply market for GaN is forecast to be worth over $915.6 million by 2027, growing at a compound annual growth rate (CAGR) of 52% between 2021 and 2027. For the datacom/telecom industry, Yole projects the power GaN market growth to be at 69% CAGR during the forecast period, while the GaN automotive market is expected to register a CAGR of 99%.

The SiC device market, on the other hand, is forecast to reach $6.3 billion in 2027, mainly driven by electric vehicles (EVs), their charging infrastructures, and photovoltaics, according to Yole.

WBG is one of the key focus topics at the upcoming PowerUP Asia conference and virtual exhibition on May 24-26, 2023. Organized by AspenCore, the publisher of EETimes Asia, EETimes India, and EDN Asia, PowerUP Asia puts the spotlight on the key players and the latest technologies and trends in the power electronics industry in Asia.

PowerUP Asia builds on the success of the established PowerUP Expo, a virtual conference and exhibition being held by Power Electronics News, a sister publication under AspenCore.

Focusing on this region, PowerUP Asia is a three-day virtual conference and exhibition highlighting the latest technology developments and trends in power electronics, including WBG devices, power semiconductors, and related technologies.

With fairgrounds, an exhibition hall, and a conference space, PowerUP Asia functions similarly to a live exhibition and conference. This technical conference will include keynotes, panel discussions, and technical presentations on significant technical trends, market demands and new application areas. Along with the conference, there will be an exhibition hall with virtual booths from top power electronics businesses and a live chat that will allow attendees to communicate directly with booth staff.

Confirmed companies presenting at the virtual conference include Analog Devices Inc., Arrow Electronics Inc., Advanced Semiconductor Engineering Inc. (ASE Group), Cambridge GaN Devices, Efficient Power Conversion Corp. (EPC), GaN Systems Inc., Infineon Technologies AG, NXP Semiconductors, Rohde & Schwarz, STMicroelectronics, and UTAC Group.

For more information and to register, visit https://ve.eetasia.com/powerup2023.

About AspenCore

AspenCore is a unique collection of brands and products that have set the standard in meeting the demands of today's engineers.

We reach over 15 million technologists, designers, engineers, and managers. We connect this electronics community to reliable news, authoritative analysis, industry trends, and daily information on new technology.

Our brands include EE Times, Electronic Products, EPSNews, ESM China, IoT Times, Power Electronics News, EDN, EEWeb, Electro Schematics, Elektroda.pl, Embedded.com, Planet Analog, and more.

For more information, visit https://aspencore.com.

Contact Person
Celia Shih
Marketing Manager
Taiwan/ASEAN Marketing and Circulation Department
T: +886 227591366 Ext. 103/222
E: celia.shih@aspencore.com

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Inaugural PowerUP Asia Conference Highlights Latest Innovations in Asia’s Power Electronics Industry

TAIPEI, TW, Apr 21, 2023 – (ACN Newswire) – The growing electric vehicle (EV) industry, increasing calls for renewable energy adoption, the automation trends in the industrial sector, and the rising demand for consumer electronics, are fueling the growth of the power electronics industry as manufacturers set their sights on power efficiency, carbon reduction, and ‘greener’ energy.

According to research firm Global Market Insights (GMI), the worldwide power electronics market reached over $22 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 5.5% to reach more than $40 billion in 2032.

The Asia Pacific (APAC) region accounted for more than half of the power electronics market, recording a total market share of 55% in 2022, according to GMI, mainly driven by the increasing penetration of EVs. On top of this, the expansion of the IT sector, the growing number of Internet users, and the continuous development and rollout of 5G networks are propelling the demand for data centers in the region, which in turn is driving the demand for more power-efficient devices with higher power densities and more and more compact packages. All these are expected to transform the APAC region into a major hub for power electronics manufacturing.

To put the spotlight on the key players and the latest technologies and trends in the power electronics industry in Asia, AspenCore, the publisher of EETimes Asia, EETimes India, and EDN Asia, will hold the inaugural PowerUP Asia conference and virtual exhibition on May 24-26, 2023.

PowerUP Asia builds on the success of the established PowerUP Expo, a virtual conference and exhibition being held by Power Electronics News, a sister publication under AspenCore.

Focusing on this region, PowerUP Asia is a three-day virtual conference and exhibition highlighting the latest technology developments and trends in power electronics, including wide-bandgap (WBG) devices, power semiconductors, and related technologies.

With fairgrounds, an exhibition hall, and a conference space, PowerUP Asia functions similarly to a live exhibition and conference. This technical conference will include keynotes, panel discussions, and technical presentations on significant technical trends, market demands and new application areas. Along with the conference, there will be an exhibition hall with virtual booths from top power electronics businesses and a live chat that will allow attendees to communicate directly with booth staff.

Confirmed companies presenting at the virtual conference include Analog Devices Inc., Arrow Electronics Inc., Advanced Semiconductor Engineering Inc. (ASE Group), Cambridge GaN Devices, Efficient Power Conversion Corp. (EPC), GaN Systems Inc., Infineon Technologies AG, NXP Semiconductors STMicroelectronics, and UTAC Group.

For more information and to register, visit https://ve.eetasia.com/EAC2022.

About AspenCore

AspenCore is a unique collection of brands and products that have set the standard in meeting the demands of today’s engineers.

We reach over 15 million technologists, designers, engineers, and managers. We connect this electronics community to reliable news, authoritative analysis, industry trends, and daily information on new technology.

Our brands include EE Times, Electronic Products, EPSNews, ESM China, IoT Times, Power Electronics News, EDN, EEWeb, Electro Schematics, Elektroda.pl, Embedded.com, Planet Analog, and more.

For more information, visit https://aspencore.com.

Contact Person:
Celia Shih
Marketing Manager
Taiwan/ASEAN Marketing and Circulation Department
T: +886 227591366 Ext. 103/222
E: celia.shih@aspencore.com



Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Coming soon this April: The MarTech Summit Singapore 2023

Come and join us at The MarTech Summit Singapore on 25 & 26 April 2023 at Raffles City Convention Centre to take your marketing game to the next level!

Singapore, Apr 5, 2023 – (ACN Newswire) – The MarTech Summit series aims to bring together the best minds in marketing technology from a range of industries through a number of diverse formats and engaging events.

Here come the 2-day flagship event of The MarTech Summit in Singapore! A brand new speakers line-up and agenda filled with panel discussions, keynote presentations, fireside chats, in-summit roundtables & more. We are splitting into tracks to deep-dive into MarTech latest trends, the power of data-driven marketing as well as customer/client digital experience! Come and join us for a learning and networking experience with the likes of CMOs, Heads, Directors, etc. Register now and get ready to take your marketing game to the next level.

This summit is designed for senior level executives in functions such as:

Marketing & Technology | Customer Experience (CX) & Engagement | Brand Loyalty & Retention | Data & Consumer Insights | E-commerce Marketing | Digital Strategy | OmniChannel | Innovation | Social Media | Content Strategy & Storytelling | CRM | Product Marketing | Automation | Digital Transformation & Growth | Digital Experience | Information Technology | SEO & SEM

The MarTech Summit Singapore will be taken place following the motto Accelerate Success with Your MarTech Stack: Leaner, Smarter & Richer. The summit will be held in person on 25 & 26 April 2023 at Raffles City Convention Centre (80 Bras Basah Road, Singapore 189560).

Find out more information at: https://themartechsummit.com/singapore

Register at: https://themartechsummit.com/singapore-registration

You can contact us at: hello@themartechsummit.com



Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

SwarmFarm Robotics Raises $12M AUD Series A to Put Integrated Autonomy in the Hands of Growers

GINDIE, QUEENSLAND, AUSTRALIA, Feb 15, 2023 – (ACN Newswire) – SwarmFarm Robotics today announced it has raised a $12 million AUD Series A ($8.3 million USD) to develop and grow the Integrated Autonomy category in agriculture through the versatile SwarmBot platform and a breakthrough operating system network, SwarmConnect, that enables developers to create an array of innovative applications for users of the autonomous platform.



"There is enormous demand for autonomy in agriculture, but today, most solutions unlock minimal potential," said SwarmFarm CEO Andrew Bate. "The current equipment providers believe that farmers just want to be plucked from the cab or replaced by robotic arms. We believe that farmers want more. They want a technology ecosystem built to address the issues in their locality, a farm-centric system that leaves the lowest possible footprint on their fields, helping them do more with less. They want Integrated Autonomy, so that's what we're building."

The team at SwarmFarm defines Integrated Autonomy as a new approach to autonomy on-farm that unlocks the full potential of driverless technology by providing specialty robotics solutions with an open platform to develop on.

"While many companies are making driverless tractors and developing niche robotics solutions in agriculture today, we believe that there is a third category of autonomy that combines the robot and the application within a development framework that will allow farmers to customize their equipment for their needs and allow developers to bring their innovations to life much more rapidly," said Bate. "It's the best of both worlds. For the farmer, we provide customized autonomy in a box. For the developer, we provide a streamlined path to the grower with a tight feedback loop."

The company's Series A funding round was led by Emmertech, an AgTech fund from Conexus Venture Capital based in Canada. The funding also sees new investment from Tribe Global Ventures and Access Capital. Also joining the round are SwarmFarm's existing investors, including Tenacious Ventures, and GrainInnovate, the Grains Research and Development Corporation (GRDC) venture capital fund managed by Artesian.

"We are thrilled to be joining Andrew, Jocie, and the whole SwarmFarm team as they pioneer the future of autonomous agriculture," said Sean O'Connor, Managing Director of Emmertech. "The key trait that drove our eagerness to lead this round was the farmer-centric approach this team is built around and the truly exceptional results their robots have achieved. We met with several farmers who were putting upwards of 3,000 hours a year on their SwarmBot, often leaving them out in the fields for over 24 hours at a time. We believe there's a future where SwarmBots can be found on farms across North America and worldwide."

SwarmFarm announced last year that SwarmBots had successfully been deployed to farmers who covered over 1.3 million commercial acres, operated for 64,000 hours, and reduced pesticide inputs by an estimated 780 tons.

"We are proud to support the team at SwarmFarm as they unlock the potential of Integrated Autonomy in agriculture," said Fernando Felquer, Head of Business Development at GRDC. "What makes SwarmFarm so attractive to us is that the founders are Australian grain growers developing autonomous solutions from the ground up with Australian farming systems in mind, and the technology has global application."

Born on the Bate's family farm in rural Queensland, SwarmFarm exists to solve a complex problem set many farmers are facing around the world today: how to grow better crops and the optimal amount of food on their land without putting down excessive amounts of chemicals or acquiring larger and larger equipment.

"We hit a point where we just said enough is enough," said Bate. "We saw our input costs increasing, our equipment costs rising as we bought larger equipment, our dependence on pesticides rising, and our yields declining despite it all. There was a day when we sat down and realized that this wasn't an equation that needed incremental change; we needed an entirely new farming system – and SwarmFarm was the solution."
The SwarmFarm team saw a future where developers could create specialized tools that could be attached to swarms of small, nimble, autonomous robot platforms that create new farming practices through facilitating collaboration between farmers and technologists – laying the groundwork for the SwarmConnect product.

"We envision a future where the most promising minds in technology are encouraged to turn toward solving the challenges faced by modern agriculture," Bate continued. "We also believe in a future where there is no longer such a severe distinction between farmers and technologists, but rather a new breed of farmer-technologists. This funding helps us to move toward that future by meeting more of the global demand for our product and facilitating the growth of our SwarmConnect network of developers."

Today, SwarmFarm serves customers across Australia and works with some of the most innovative farm equipment developers, including WEED-IT, Bilberry, Weedseeker, Hayes Spraying, Rasmussen Brothers Engineering, Goldacres, and Croplands.

"It is critical that we put tools into our farmers' hands that help them do more with less. This is key to a climate resilient, profitable future for agriculture," said Sarah Nolet, Co-Founder & Managing Partner at Tenacious Ventures. "With their background in farming, the team at SwarmFarm has been able to see around some of the corners on the road to autonomy and anticipate the needs of the growers they serve. We look forward to continuing to work with them as they unlock more productivity and sustainability in agriculture through their unique approach to Integrated Autonomy."

SwarmFarm's unique approach to autonomy resonates with its customers, resulting in consistent and continued growth. The team will hire for roles in their Queensland and New South Wales offices to support this growth.

"The future of agriculture is happening now, but there is no way that one company can really invent everything needed to revolutionize agriculture," Bate said. "We need the smartest minds from around the world working on this; We need an army of developers solving agriculture's problems one app at a time. So come join us as a partner and help deliver the revolution that agriculture needs!"

"My Dad Used to Drive a Tractor"

Founded in 2015 near Emerald, Queensland, SwarmFarm Robotics is pioneering the development and use of intelligent robotics in Australian agriculture through Integrated Autonomy. This entirely new approach to autonomy on-farm provides more than another driverless system or a niche robotics solution; Integrated Autonomy puts the farmer's needs first and creates a technology ecosystem around them to help save time, resources and energy while optimizing for profitable and sustainable growth.

We have now successfully covered 1.3 million commercial acres, 64,000 hours of operation, and have reduced pesticide inputs by an estimated 780 tons with our autonomous robots. Learn more about SwarmFarm here. https://www.swarmfarm.com/

CONTACT
Dan Schultz
dan@schultzcollaborative.com
952.356.2646

SOURCE: SwarmFarm Robotics

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

As Mentor by eDriving Passes 3.5 Billion Miles Driven, Analysis Confirms Program’s Ability to Reduce Risky Driving Behaviors

CAPE MAY, NJ, Jan 26, 2023 – (ACN Newswire) – eDriving's digital driver safety program, Mentor(SM), featuring the FICO(R) Safe Driving Score, helps risky drivers become safer behind the wheel in just six months – and further improves behaviors over longer periods of time – according to findings from an analysis of the program. The analysis was performed after the program reached the milestone marking 3.5 billion miles driven in Spring 2022.

The eDriving study identified the initial risk level of active[1] business drivers using the Mentor app (i.e., Very High Risk, High Risk, Medium Risk, Low Risk or Very Low Risk[2]), based on their first month's FICO Safe Driving Score – a score derived from smartphone-based driving behavior telematics. It then measured progress[3] over periods of six months, 12 months, and 18 months of using the app.

Over a six-month period, those initially categorized as Very High Risk or High Risk experienced up to a 51% increase in their FICO Safe Driving Score, moving them up into the Medium Risk category. Over a longer period of 18 months, those initially categorized as Very High Risk or High Risk experienced an even greater average increase in their FICO Safe Driving Score of up to 70%, moving them up into the Low Risk category.

While FICO Safe Driving Score improvement was the most significant for drivers who were initially identified as Very High Risk or High Risk, those identified as Medium Risk also improved, and Low-Risk drivers maintained their good performance levels.

The study also showed there was a significant decrease in the negative driving behaviors measured by Acceleration, Braking, Cornering, Phone Distraction, and Speeding events for business drivers using Mentor's patented approach involving driver scoring, eLearning, gamification, and coaching.

Speeding Reduction
– Over a six-month period, those initially categorized as Very High Risk or High Risk experienced up to a 57% decrease in Speeding events.
– Over a period of 18 months, those initially categorized as Very High Risk or High Risk experienced up to an 85% decrease in Speeding events, confirming a sustained improvement in driver behavior when using the Mentor app over a longer period.

Distraction Reduction
– Over a six-month period, those initially categorized as Very High Risk or High Risk experienced up to a 60% decrease in Distraction events.
– Over an 18-month period, those initially categorized as Very High Risk or High Risk experienced up to an 88% decrease in Distraction events, again demonstrating a significant and sustained improvement in driver behavior when using the multi-faceted Mentor program over a longer period.

Other significant findings:
– Mentor use showed a reduction of in-vehicle calls among Very High-Risk or High-Risk drivers by up to 53% over a six-month period and 85% over 18 months. Phone manipulations (i.e., texting or handling the phone while driving) were reduced among these risky drivers by up to 62% over 6 months and 89% over 18 months.
– Over a six-month period, those initially categorized as Very High Risk or High Risk experienced up to a 62% decrease in Hard Acceleration, Hard Braking and Hard Cornering events, with up to an 89% decrease over 18 months.

"Mentor was designed from the ground up to support our global clients who made the safety of their employees driving for work purposes a strategic imperative," said Ed Dubens, Founder and CEO of eDriving. "Over 20 years of driver risk management combined with the FICO Safe Driving Score, delivers the perfect combination of leading and lagging indicators to help Mentor proactively identify the most at-risk drivers for further support and coaching. 3.5 Billion Mentor miles later, it is incredible to see how quickly we have been able to turn smartphones from villains into catalysts for positive change that can save the lives of not just drivers, but also those they share the road with including pedestrians and cyclists."

Launched globally in 2018, Mentor by eDriving is used by organizations around the world to help improve driver behavior among employees driving for work purposes, and has been shown to reduce collisions by up to 67%. The digital program uses smartphone sensors to collect and analyze data on the driving behaviors most predictive of risk. These include Acceleration, Braking, Cornering, Speeding, and Phone Distraction, one of the biggest threats to road safety today.

Through eDriving's partnership with industry analytics leader FICO, driver on-road performance is converted into an individual FICO Safe Driving Score, which has been validated to help predict the likelihood of a driver being involved in a collision. Personalized insights are provided privately to drivers after each trip, showing both positive and negative driving events and exactly where they occurred. Additionally, engaging, interactive micro-training modules are delivered directly to the driver in-app to help promptly remediate identified risky behaviors. At the time of the 3.5B mile analysis, over 7.7 million eLearning modules had been viewed by Mentor users. Gamification and rewards are also employed by Mentor to promote driver engagement and friendly competition, while coaching support is included to help sustain behavior improvements over time.

"The FICO Safe Driving Score continues to provide a consistent and objective measure of driver risk," said Rachel Bell, Vice President of Scores and Analytics at FICO. "We are pleased to see that the FICO Safe Driving Score continues to help organizations keep their drivers safe and limit risks on the road."

About Solera

Solera is the global leader in vehicle lifecycle management software-as-a-service, data, and services. Through four lines of business – vehicle claims, vehicle repairs, vehicle solutions and fleet solutions – Solera is home to many leading brands in the vehicle lifecycle ecosystem, including Identifix, Audatex, DealerSocket, Omnitracs, LoJack, Spireon, eDriving/Mentor, Explore, cap hpi, Autodata, and others. Solera empowers its customers to succeed in the digital age by providing them with a "one-stop shop" solution that streamlines operations, offers data-driven analytics, and enhances customer engagement, which Solera believes helps customers drive sales, promote customer retention, and improve profit margins. Solera serves over 300,000 global customers and partners in 100+ countries. For more information, visit www.solera.com.

About eDriving

eDriving, a Solera company, helps organizations around the world improve safety, reduce injuries, license violations, carbon emissions, and total cost of fleet ownership through its patented digital driver risk management programs. These include the Mentor by eDriving(SM) smartphone app with FICO(R) Safe Driving Score; the patented, five-stage Crash-Free Culture(R) risk reduction program; and the Virtual Risk Manager(R) platform, all designed to work together within a privacy-first, data-secure environment that supports drivers and their managers every step of the way. eDriving is the digital driver risk management partner of choice for many of the world's largest organizations, supporting over 1,200,000 drivers in 125 countries. Over the past 25 years, eDriving's research-validated programs have been recognized with over 125+ awards around the world. For more information, visit www.edriving.com.

Press contact, eDriving:
Sheila Leverone
press@edriving.com

About FICO

FICO (NYSE:FICO) powers decisions that help people and businesses around the world prosper. Founded in 1956, the company is a pioneer in the use of predictive analytics and data science to improve operational decisions. FICO holds more than 200 US and foreign patents on technologies that increase profitability, customer satisfaction and growth for businesses in financial services, telecommunications, health care, retail, transportation and supply chain, and many other industries. Using FICO solutions, businesses in more than 120 countries do everything from protecting 2.6 billion payment cards from fraud, to helping people get credit, to ensuring that millions of rental cars are in the right place at the right time. Learn more at https://www.fico.com/.

Press contact, FICO:
Julie Huang
press@fico.com
+1 925-405-7803

[1] At least one trip per month
[2] FICO(R) Safe Driving Scores were initially categorized as Risky, Poor, Average, Good and Great. These were updated to the new corresponding categories on July 29, 2020.
[3] Analysis used data from trips classified as 'Business' only (no 'Passenger' or 'Personal' trips)

Mentor Product Sheet
https://www.edriving.com//wp-content/themes/edriving/images/pdf/ProductSheets/mentor_ENT_product_sheet.pdf

SOURCE: eDriving






Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

eDriving Integrates Greater Than’s EcoScore Into Their Digital Driver Safety Application, Mentor, To Help Fleets Achieve Sustainability Targets

CAPE MAY, NJ and STOCKHOLM, SWEDEN, Nov 17, 2022 – (ACN Newswire) – eDriving(SM), a Solera company and leading global provider of digital driver risk management solutions, today announced a partnership with Greater Than (GREAT:ST), the global provider of technology that converts GPS data into powerful insights and driver scores. Through the collaboration, eDriving will integrate Greater Than's EcoScore into a new feature in its award-winning digital driver safety app Mentor(SM). The new feature, to be named EcoDrive powered by Greater Than, enables eDriving to further support its global clients in achieving their sustainability goals.




Revolutionising driver risk management for over 25 years, eDriving is the trusted partner of choice for many of the world's largest sales, service, and delivery fleets, supporting over 1.2 million drivers in 125 countries with award-winning digital driver risk management and safety solutions. eDriving's smartphone-based Mentor programme identifies and remediates drivers' risky habits behind the wheel with training, coaching, and gamification, achieving up to an 89% reduction in risky driver behaviour over 18 months.

The integration of Greater Than's EcoScore is a strategic step for eDriving to elevate the sustainability benefits of Mentor for their customers on a global scale by contributing to carbon footprint reductions of up to 20%. In addition, the EcoScore facilitates more accurate Environmental, Social and Governance (ESG) reporting with harmonised data on an organisation's CO2 emissions and savings.

"Our customers are keen to take ownership of their climate impact and help their drivers minimise their CO2 emissions as well as safely return home to their loved ones at the end of each workday. This exciting new partnership between eDriving and Greater Than will help to accelerate that goal," said Ed Dubens, CEO/Founder of eDriving. "Greater Than's EcoScore is yet another example of how eDriving's Mentor ecosystem brings together the best of the best into one world-class solution focused on driver risk management, safety and sustainability. FICO's Safe Driving Score, Sfara's Collision Detection, Bosch's Emergency Response Services, and now Greater Than's EcoScore continue to evolve and sustain Mentor's unique value proposition supporting the world's largest enterprise organisations."

Mentor's EcoDrive powered by Greater Than will incorporate Greater Than's unique pattern-AI technology which conducts real-time driving analysis to calculate CO2 emissions per individual driver. With a uniform measure of environmental impact, EcoDrive powered by Greater Than enables fair, transparent, unbiased evaluation of individual drivers' eco performance, regardless of vehicle type or global location. Drivers will be able to see carbon emissions reported in grams and percentages following each trip on their Mentor dashboard, making it the perfect sustainability analysis and reporting tool for organisations with mixed vehicle types.

"We are very excited that eDriving is introducing its new EcoDrive feature based on our EcoScore to its Mentor customers. Our partnership is another proof of the scope of use for our DriverDNA AI analysis. With EcoScore integrated into the Mentor app, eDriving customers will have greater control over their environmental impact and the necessary insights to reduce them, as well as valuable data of absolute CO2 emissions to facilitate comprehensive sustainability reporting, which looks set to be mandatory for many companies in coming years," said Liselott Johansson, CEO, Greater Than.

EcoDrive powered by Greater Than will be available in eDriving's flagship Mentor business solutions, as well as Mentor Defender, eDriving's newest app for individuals and family members, distributed through insurers, auto safety membership organisations and driving schools.

Press contact, eDriving:
Sheila Leverone, Chief Marketing Officer
press@edriving.com

Press contact, Greater Than:
Eva Voors, Chief Communications Officer
eva.voors@greaterthan.eu
+46 708 884 880

About Solera

Solera is the global leader in vehicle lifecycle management software-as-a-service, data, and services. Through four lines of business – vehicle claims, vehicle repairs, vehicle solutions and fleet solutions – Solera is home to many leading brands in the vehicle lifecycle ecosystem, including Identifix, Audatex, DealerSocket, Omnitracs, LoJack, Spireon, eDriving/Mentor, Explore, cap hpi, Autodata, and others. Solera empowers its customers to succeed in the digital age by providing them with a "one-stop shop" solution that streamlines operations, offers data-driven analytics, and enhances customer engagement, which Solera believes helps customers drive sales, promote customer retention, and improve profit margins. Solera serves over 300,000 global customers and partners in 100+ countries. For more information, visit www.solera.com.

About eDriving

eDriving, a Solera company, helps organisations around the world improve safety, reduce injuries, licence violations, carbon emissions, and total cost of fleet ownership through its patented digital driver risk management programmes. These include the Mentor by eDriving(SM) smartphone app with FICO(R) Safe Driving Score; the patented, five-stage Crash-Free Culture(R) risk reduction programme; and the Virtual Risk Manager(R) platform, all designed to work together within a privacy-first, data-secure environment that supports drivers and their managers every step of the way. eDriving is the digital driver risk management partner of choice for many of the world's largest organisations, supporting over 1,200,000 drivers in 125 countries. Over the past 25 years, eDriving's research-validated programmes have been recognised with over 120 awards around the world. For more information, visit www.edriving.com.

About Greater Than

Greater Than is an AI data analytics company that predicts crash probability and CO2 impact per driver in real-time, revolutionising auto insurance pricing and new business solutions for the automotive, new mobility and fleet industries.

Our AI has experienced the equivalent of 855,000 man-years of real driving and has to date discovered over 7 billion unique driver DNAs: learning that makes it the most experienced AI driver in the world.

Greater Than is appointed as an InsurTech100 company and AIFinTech100 company and has been named Provider of AI Automotive Product of the year, 2021. Greater Than (GREAT) is listed on Nasdaq First North Growth Market. FNCA Sweden AB is the Company's Certified Adviser. Learn more at www.greaterthan.eu.

EcoDrive Product Sheet https://www.edriving.com/wp-content/uploads/2022/11/EcoDrive-product-sheet.pdf

SOURCE: eDriving

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