Day: November 16, 2023

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Motorola Solutions Sharpens Focus on Safety and Security

Company building safety and security ecosystem to connect public safety agencies and enterprises to help protect people, property and places

NEW YORK, USA – EQS Newswire – 16 November 2023 – Motorola Solutions (www.MotorolaSolutions.com) proudly rang the opening bell at the New York Stock Exchange, celebrating its continued, purposeful transformation centered on safety and security. Yesterday, the company announced its new brand narrative, ‘Solving for safer,’ which highlights its sharpened focus on solving for safer communities, safer schools and safer businesses. 

“From our storied history, today we bridge to an even stronger future. Everyone is entitled to feel safe in their community, school and workplace, but that often isn’t the reality,” said Greg Brown, chairman and CEO of Motorola Solutions. “How Motorola Solutions is helping keep people, property and places safe is far more comprehensive than ever. While we recognize technology is not the only way to a safer future, it does play a vital role, and it’s our purpose to make that technology the best it can be.”

Motorola Solutions, traditionally known for public safety communications, has invested about $12B in organic R&D and acquisitions over the past nine years to create a robust technology portfolio spanning mission-critical communications, video security & access control and command center solutions powered by artificial intelligence. These solutions enable more powerful collaboration between public safety agencies and enterprises, connecting those in need with those who can help. For example, a school teacher can press a panic button on a phone during an emergency which can automatically notify law enforcement, trigger a lockdown, share live video feeds with first responders and send mass notifications. 

Motorola Solutions’ transformation focusing on public safety and enterprise security has led to a sizable increase in its total addressable market which is expected to be $66 billion next year. In addition, its growth in video security, access control, command center and services is significant and now accounts for approximately 50% of company revenue.  To learn more about Motorola Solutions’ safety and security ecosystem, please visit: https://apo-opa.co/3sDpg6x. 

Distributed by APO Group on behalf of Motorola Solutions.

Download image: https://apo-opa.co/3QH7SWH

Media contact:
Elvan Lindberg
Motorola Solutions
Mobiltelefon: +46 707 448893
E-post: elvan.lindberg@motorolasolutions.com

About Motorola Solutions

Motorola Solutions is solving for safer. We build and connect technologies to help protect people, property and places. Our solutions enable the collaboration between public safety agencies and enterprises that’s critical for a proactive approach to safety and security. Learn more about how we’re solving for safer communities, safer schools, safer hospitals, safer businesses – safer everywhere – at www.MotorolaSolutions.com.

Cautionary Statement Concerning Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of applicable federal securities law. These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and generally include words such as “believes,” “expects,” “intends,” “anticipates,” “estimates” and similar expressions. These forward-looking statements are statements other than statements of historical fact and may include, among other things, statements in relation to the company’s current expectations regarding its 2024 total addressable market. All information set forth in this release is as of the date hereof. The company does not intend, and undertakes no duty, to update this information to reflect future events or circumstances. Actual results are subject to a number of risks and uncertainties and may differ materially from the current expectations and beliefs discussed in this press release. Certain potential factors, risks and uncertainties that could affect the company’s business and financial results and cause actual results to differ materially from those expressed or implied in any forward-looking statements include those under the heading “Risk Factors” in the company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2022 and its Quarterly Report on Form 10-Q for the quarterly period ended September 30, 2023, each of which is on file with the Securities and Exchange Commission (“SEC”) and available at the SEC’s website at www.SEC.gov.

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Duck Creek Pioneers the Next Era of Cloud-Based Technology for P&C Insurers Through Microsoft Azure OpenAI Service

Incorporating Azure OpenAI Service and using Duck Creek’s low-code platform empowers insurers to modernize responsibly

BOSTON, Nov. 16, 2023 (GLOBE NEWSWIRE) — Duck Creek Technologies, the intelligent solutions provider defining the future of property and casualty (P&C) and general insurance, announces a breakthrough initiative in collaboration with Microsoft. This collaboration is poised to empower insurers to reimagine their businesses by facilitating smoother implementation processes and faster speed to market through the aid of generative artificial intelligence (AI)—a transformative technology that enables the creation of innovative applications and low-code solutions.

Duck Creek’s comprehensive platform is built on Microsoft Azure, the preferred technology for harnessing the power of Azure OpenAI Service, as large language models (LLMs) continue to redefine and shape the technology landscape. This represents a significant leap forward in the insurance sector, fostering innovation and efficiency that promises to influence how insurers conduct their business and engage with customers. By merging Duck Creek’s expertise in insurance solutions with the cutting-edge capabilities of Microsoft, this collaboration aims to create a brighter and more agile future for the entire insurance industry.

“Generative AI is a truly transformative technology, and our valued customers will benefit immensely from its powerful capabilities as we continue to drive the modernization of the insurance industry. Our objective is to empower insurers to innovate products faster and assist employees with AI tools,” said Mike Jackowski, Chief Executive Officer, Duck Creek Technologies. “This marks the next chapter in the evolution of our longstanding partnership, where we are pioneering in the space by uniting the exceptional talent of Microsoft and Duck Creek to develop cutting-edge technology solutions for the P&C and general insurance industries. In doing so, we are committed to spearheading the insurance industry’s embrace of generative AI and solving the innovation challenges insurers face—all while upholding the highest standards of regulatory compliance and ethical responsibility.”

Duck Creek is harnessing this emerging technology to curate innovative solutions for insurers, helping them embrace the future of technology with:

  • Copilot solutions powered by near-real-time data, which empowers insurers to make informed decisions and respond to changing market conditions swiftly and effectively.
  • Enhanced productivity tools that improve efficiency and productivity throughout the insurance ecosystem, designed to benefit consumers, agents, underwriters, and claim adjusters.
  • The next era of low-code configurator tools that simplify the development and adoption of insurance products, enabling insurers to expedite their time-to-market for both new and ongoing configurations.

“Duck Creek will continue advancing how it brings responsible AI to the insurance industry and enables a rapid business transformation toward humanized experiences,” said Jess Keeney, Chief Product & Technology Officer, Duck Creek Technologies. “We are consistently assessing how our solutions can more seamlessly integrate into our customers’ operational landscapes, and we are dedicated to delivering meaningful outcomes and addressing significant business challenges. Both Duck Creek and Microsoft share a common dedication to enhancing the customer journey across the entire insurance lifecycle. This marks a significant evolution in how underwriters leverage consumer data and conduct risk analysis, the efficiency of claims handling, fraud detection, and the industry’s ability to meet customer needs and adapt to feedback promptly.”

“Innovative insurers want to move quickly to use the power of generative AI to drive demonstrable business value,” said Bill Borden, CVP for Worldwide Financial Services at Microsoft. “We’re excited to deepen our collaboration with Duck Creek to deliver new generative AI-powered capabilities to help our joint insurance customers drive marked improvements in employee productivity, reinvent customer engagement, and bend the curve on innovation – both securely and responsibly.”

About Duck Creek Technologies

Duck Creek Technologies is the intelligent solutions provider defining the future of the property and casualty (P&C) and general insurance industry. We are the platform upon which modern insurance systems are built, enabling the industry to capitalize on the power of the cloud to run agile, intelligent, and evergreen operations. Authenticity, purpose, and transparency are core to Duck Creek, and we believe insurance should be there for individuals and businesses when, where, and how they need it most. Our market-leading solutions are available on a standalone basis or as a full suite, and all are available via Duck Creek OnDemand. Visit www.duckcreek.com to learn more. Follow Duck Creek on our social channels for the latest information – LinkedIn and Twitter.

Media Contacts:
Carley Bunch
carley.bunch@duckcreek.com

GlobeNewswire Distribution ID 8980331

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Pacific Green Acquires Five Battery Energy Storage Developments in Italy Totaling 500MW / 2,800MWh

Dover, DE, Nov. 16, 2023 (GLOBE NEWSWIRE) —  Pacific Green Battery Energy Park (Italia) Srl, a wholly-owned subsidiary of Pacific Green Technologies, Inc. (the “Company” or “Pacific Green”, (OTCQB: PGTK)) announces that it has acquired 51% of the shares in five Italian projects (the “Projects”) from Sphera Energy Srl. The remaining 49% of the shares of each Project will be acquired on achievement of certain development milestones.

The first 100MW battery energy storage system (“BESS”) project in Campania has been submitted to The Ministry of Environment and Energy Security for permitting and the remaining four will be finalized in the coming months. Final permitting for all five projects is anticipated in Q4 2024, with design and construction to be managed by Pacific Green. The projects will begin their 35 year operating life in late 2025.

Mahael Fedele, Sphera Energy’s Partner & CEO, said: “Following our launch 12 months ago as one of Italy’s first fully dedicated battery storage development platforms, we are thrilled to enter into this partnership with Pacific Green to deliver high quality projects in the rapidly growing Italian energy storage market”

Scott Poulter, Pacific Green’s Chief Executive, added: “Building upon our success with the development and sale of Pacific Green’s 100MWh Richborough Energy Park and the development of the 375MWh Sheaf Energy in the UK, Italy represents the next step in Pacific Green’s European expansion into other markets where battery assets will be key in enabling National and EU Net-Zero targets. In Italy, where market conditions favor longer duration projects, we expect this portfolio to have an energy capacity of between two to three gigawatt hours.

About Pacific Green Technologies, Inc.:

Pacific Green is focused on addressing the world’s need for cleaner and more sustainable energy. It offers grid-scale battery energy storage systems, renewable and environmental technologies.

For more information, visit Pacific Green’s website:
www.pacificgreen.com

Notice Regarding Forward-Looking Statements:

This news release contains “forward-looking statements,” as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this news release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, the continued development of the Project, any potential business developments and future interest in Pacific Green’s battery, solar and environmental technologies.

Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the continuation of the development of the Project, general economic and political conditions, and the ongoing impact of the COVID-19 pandemic. These forward-looking statements are made as of the date of this news release, and Pacific Green assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although Pacific Green believes that the beliefs, plans, expectations and intentions contained in this news release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all the information set forth herein and should also refer to the risk factors disclosure outlined in Pacific Green’s annual report on Form 10-K for the most recent fiscal year, Pacific Green’s quarterly reports on Form 10-Q and other periodic reports filed from time-to-time with the Securities and Exchange Commission.

Scott Poulter, Chairman & CEO
Pacific Green Technologies, Inc.
T: +1 (302) 601-4659
info@pacificgreen.com

GlobeNewswire Distribution ID 8980840

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Émissions de méthane : un enjeu de taille pour l’industrie pétrolière et gazière

LONDRES, HOUSTON et SINGAPOUR, 15 nov. 2023 (GLOBE NEWSWIRE) — Les émissions de méthane demeurent l’enjeu principal de l’industrie pétrolière et gazière. Selon le dernier numéro du rapport Horizons publié par Wood Mackenzie, la COP 28 pourrait constituer un jalon clé de la prise d’engagements envers la réduction des émissions de méthane. Entreprises et gouvernements devront ainsi adopter des mesures fermes et respecter de nouvelles exigences en ce sens.

Le méthane est responsable d’environ 30 % de la hausse de la température moyenne mondiale depuis le début de l’ère industrielle. L’industrie pétrolière et gazière serait responsable de près d’un quart des émissions de ce gaz provenant de l’activité humaine (source anthropique), selon le rapport intitulé « Mission invisible : relever le défi du méthane dans l’industrie pétrolière et gazière ».

Selon l’outil d’analyse comparative des émissions de Wood Mackenzie, les pertes de méthane distinctives par secteur sont faibles, et représentent moins de 500 kilogrammes par heure (soit environ 0,0184 million de mètres cubes par jour), un volume inférieur à la résolution mesurable de la plupart des satellites actuels. Cependant, près de 96 % de l’ensemble des secteurs rejettent des émissions de cette ampleur, ce qui en données consolidées rend le problème conséquent. Les plus fortes émissions en provenance de secteurs de taille supérieure se répartissent le plus souvent sur plusieurs sites de production, ce qui les rend plus difficiles à quantifier.

Et le rôle du Gouvernement ?
D’après le rapport, l’action gouvernementale jouera un rôle essentiel dans le pilotage des efforts de réduction. Trois mesures phares visent à stimuler les démarches :

  1. De l’ambition. L’application d’une politique raisonnable serait un bon début, telle qu’une collaboration mondiale pour mettre fin aux émanations provoquées par le torchage et le dégazage à grande échelle.
  2. De la cohérence. Les décideurs politiques et les régulateurs doivent travailler main dans la main avec les acteurs de l’industrie pour établir des objectifs réalistes et dresser le calendrier de réduction des émissions, tout en veillant à la juste application de pénalités et d’amendes et à la correction des failles.
  3. Des subventions en faveur de la technologie. Les gouvernements peuvent apporter une aide financière pour optimiser à la fois les outils de mesure et les solutions de réduction. Les États-Unis montrent l’exemple avec la promulgation d’une loi sur la réduction de l’inflation (ou Inflation Reduction Act – IRA) régissant la mise à disposition d’une enveloppe de 350 millions de dollars aux fins de la surveillance et de la réduction des émissions de méthane.

Kevin Baxter
+44 330 124 9400
Kevin.Baxter@woodmac.com

Vivien Lebbon
+44 330 174 7486
Vivien.lebbon@woodmac.com

Mark Thomton
+1 630 881 6885
Mark.thomton@woodmac.com

Hla Myat Mon
+65 8533 8860
Hla.MyatMon@woodmac.com

The Big Partnership (agence de relations publiques britannique partenaire)
woodmac@bigpartnership.co.uk

À propos de Wood Mackenzie
Wood Mackenzie est le spécialiste mondial des énergies renouvelables, de l’énergie et des ressources naturelles. Les données sont notre force. Mise en œuvre par les hommes et les femmes. En pleine révolution énergétique, les entreprises et les gouvernements ont besoin d’informations fiables et exploitables pour mener à bien la transition vers un avenir durable. C’est pourquoi nous intervenons sur l’ensemble de la chaîne d’approvisionnement avec une ampleur et une profondeur inégalées, grâce à plus de 50 ans d’expérience dans le domaine des ressources naturelles. Aujourd’hui, notre équipe rassemble plus de 2 000 experts au cœur de 30 sites répartis dans le monde entier, qui s’efforcent de guider nos clients dans leurs prises de décision grâce à des analyses effectuées en temps réel, à une approche conseil, à des manifestations et du leadership éclairé. Ensemble, nous leur transmettons les données dont ils ont besoin pour distinguer les risques des opportunités et arrêter de saines décisions au bon moment. Pour en savoir plus, rendez-vous sur woodmac.com.

GlobeNewswire Distribution ID 1000899674

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As emissões de metano continuam sendo um desafio de difícil solução no setor de petróleo e gás

LONDRES, HOUSTON e CINGAPURA, Nov. 15, 2023 (GLOBE NEWSWIRE) — O metano continua sendo um grande desafio para o setor de petróleo e gás. A COP28 pode ser um momento marcante para os compromissos de redução de metano, e será necessário que as empresas e os governos tomem medidas firmes para reduzir as emissões e impor novos padrões, de acordo com um novo relatório Horizons da Wood Mackenzie.

O metano é responsável por quase um terço do aumento das temperaturas globais induzido pelas emissões desde o início da era industrial, e estima-se que o setor de petróleo e gás seja responsável por até um quarto das emissões de metano causadas pelo homem (antropogênicas), de acordo com o relatório Mission invisible: tackling the oil and gas industry’s methane challenge (Missão invisível: enfrentando o desafio do metano do setor de petróleo e gás).

De acordo com a Emissions Benchmarking Tool (Ferramenta de Benchmarking de Emissões) da Wood Mackenzie, as perdas típicas de metano por campo são pequenas – menos de 500 quilogramas por hora (cerca de 0,65 milhão de pés cúbicos por dia), o que está abaixo da resolução mensurável da maioria dos satélites atuais – mas cerca de 96% de todos os campos têm emissões nessa escala, o que torna o problema grande e cumulativo. As emissões mais significativas de campos maiores geralmente estão espalhadas por várias instalações de produção, o que dificulta a quantificação.

Função do governo
De acordo com o relatório, a ação do governo será vital para os esforços de redução, e há três ações de alto nível que podem estimular o progresso:

  1. Maior ambição. Uma política implementável e aplicável seria um começo positivo, como, por exemplo, a colaboração global para acabar com toda a queima e ventilação em larga escala.
  2. Fiscalização consistente. Os formuladores de políticas e os órgãos reguladores devem colaborar com o setor para definir metas e cronogramas realistas para as reduções de emissões e, ao mesmo tempo, garantir que as taxas e multas sejam cobradas adequadamente e que as brechas sejam eliminadas.
  3. Apoio financeiro para tecnologia. Os governos podem apoiar o financiamento para melhorar a tecnologia de aferição e as soluções de redução. Por exemplo, como parte da Lei de Redução da Inflação (Inflation Reduction Act, IRA) dos EUA, US$ 350 milhões em financiamento estão disponíveis para monitorar e reduzir as emissões de metano.

Kevin Baxter
+44 330 124 9400
Kevin.Baxter@woodmac.com

Vivien Lebbon
+44 330 174 7486
Vivien.lebbon@woodmac.com

Mark Thomton
+1 630 881 6885
Mark.thomton@woodmac.com

Hla Myat Mon
+65 8533 8860
Hla.MyatMon@woodmac.com

The Big Partnership (agência de RP do Reino Unido)
woodmac@bigpartnership.co.uk

Sobre a Wood Mackenzie
A Wood Mackenzie é a consultoria de visão global para energias renováveis, energia e recursos naturais. Orientada por dados. Movida por pessoas. No meio de uma revolução energética, as empresas e os governos necessitam de visões confiáveis e viáveis para liderar a transição para um futuro sustentável. É por isso que cobrimos a cadeia de suprimentos completa com amplitude e profundidade sem precedentes, apoiados por uma experiência de mais de 50 anos em recursos naturais. Atualmente, nossa equipe de mais de 2.000 especialistas opera em 30 localidades no mundo todo, inspirando as decisões dos clientes por meio de análises em tempo real, consultoria, eventos e influência especializada no setor. Juntos, fornecemos as informações necessárias para diferenciar o risco da oportunidade e tomar decisões ousadas nos momentos mais importantes. Para obter mais informações, acesse woodmac.com.

GlobeNewswire Distribution ID 1000899674

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Israel bombs Gaza’s only operating wheat mill- UN report


A recent report issued by the United Nations Office for the Coordination of Humanitarian Affairs (OCHA) stated the As-Salam Mill in Deir Al Balah was reportedly hit and destroyed. This was the last functioning mill in Gaza.

The report said its destruction means that locally produced flour will not be available in Gaza in the foreseeable future.

Israeli forces have reportedly been arresting some internally displaced persons (IDPs) fleeing through the “corridor” designated for them by the occupation, the report indicated, adding that there are anecdotal and eyewitness reports of some displaced persons being beaten and stripped of their clothing.

On Tuesday, the Israeli army established an unstaffed checkpoint and ordered the displaced to show their IDs and undergo what appears to be a facial recognition scan.

Over 1.5 million people in Gaza are estimated to be internally displaced, including about 813,000 IDPs who are staying in at least 154 UNRWA shelters.

UNRWA shelters are accommodating far more people
than their intended capacity. Overcrowding is leading to the spread of disease, including acute respiratory illness and diarrhea, raising environmental and health concerns.

Source: Jordan News Agency

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Ajman Crown prince receives Qatari Ambassador

H.H. Sheikh Ammar bin Humaid Al Nuaimi, Crown Prince of Ajman, today received Dr. Sultan Al Mansouri, Ambassador of the State of Qatar to the United Arab Emirates, at the Ajman Ruler’s Court.

Sheikh Ammar welcomed the Qatari diplomat and wished him success and good luck in his missions, which would contribute to enhancing cooperation between the UAE and Qatar in various fields.

During the meeting, they reviewed cooperation between the two fraternal countries and shared views regarding a number of issues of mutual interest.

In turn, Dr Al Mansouri extended thanks and appreciation to the Crown Prince of Ajman for his hospitality and warm welcome, lauding the depth of fraternal and bilateral ties between the two fraternal countries.

He also highlighted the UAE’s cultural boom in general and in Ajman in particular in all fields.

Source: Emirates News Agency (WAM)