Flowfinity has announced enhanced capabilities of its platform to integrate systems so clients can better manage data accessibility for operational intelligence and situational awareness. (more…)
January 25, 2024
Posted by: Magda Dabrowska
KORE Group Holdings, an Internet of Things (IoT) solutions and pioneering IoT hyperscaler, announced on Monday that Bruce Gordon has joined as executive vice president and chief operating officer (COO), effective July 2, 2024. Gordon brings over three decades of technology sector experience, having held multiple significant leadership roles.
Most recently, Gordon served as chief executive officer and executive chairman of GeoDigital, a provider of 3D services and geospatial intelligence software. Previously, at ABB Ventyx (formerly Mincom), Gordon served as senior vice president for business solutions. Prior to this, Gordon held roles of chief technology officer at Infor, an enterprise software company, overseeing technology strategy through a significant period of growth which included the acquisition and integration of 27 companies, and chief operating officer at Descartes where he was responsible for a significant business transformation.
“I am thrilled to join KORE and lead our operational strategies during this exciting period of expected growth,” Gordon said in a media statement. “With a focus on innovation and customer-centred solutions, I look forward to working with the talented team at KORE to drive operational excellence and deliver unparalleled value to our customers.”
In his new role as executive vice president and COO of KORE, Gordon will focus on enhancing operational efficiencies, fostering innovation and driving sustainable growth. His leadership will help optimise KORE’s internal processes, leverage human talent and maximise market opportunities to solidify the company’s position as a leader in IoT.
“We are delighted to welcome Bruce to the KORE executive team,” said Ron Totton, interim president and CEO of KORE. “Bruce’s extensive experience and proven track record in transforming organisations and driving growth will be invaluable as we continue to innovate and expand our offerings to meet the evolving needs of our customers.”
In connection with his employment, the company made a grant to Gordon of an aggregate of 100,000 restricted stock units (RSUs), where each RSU represents the right to receive one share of the company’s common stock upon the terms and conditions of the related RSU award agreements. The grant of RSUs was offered as a material inducement to Gordon’s hiring.
The RSUs were granted by the Compensation Committee of KORE’s Board of Directors, in reliance on the employment inducement exemption under the NYSE’s Listed Company Manual Rule 303A.08, which requires public announcement of inducement awards.
The RSUs were granted outside the KORE Group Holdings, Inc. 2021 Long-Term Stock Incentive Plan, but will be governed by the terms of the Plan as if they were issued under the Plan.
Subject to the terms and conditions of the award agreements, 10,000 RSUs shall vest on the first anniversary of the grant date, 27,500 RSUs shall vest on the second anniversary of the grant date, 27,500 RSUs shall vest on the third anniversary of the grant date, and 35,000 RSUs shall vest on the fourth anniversary of the grant date, subject to Gordon’s continuous employment or service to the company through the applicable vesting date.
July 9, 2024
Posted by: Anna Ribeiro
New research from Kaleido Intelligence has found that oil and gas, and mining extractive industries, combined with power generation and distribution, will use over 1 billion IoT connections by 2028. This represents more than a 60% increase over 2023. (more…)
February 5, 2024
Posted by: Magda Dabrowska
TDK Corporation, announced that its subsidiary, TDK Ventures Inc., has invested in industry 5.0 focused startup Infinite Uptime, a digital intelligence platform leverages sensor technology, advanced analytics, and machine-learning algorithms. This aims at monitoring mechanical equipment within industrial applications to anticipate and address failures, ensuring optimal uptime and superior performance. (more…)
August 3, 2023
Posted by: Shriya Raban
Motive Infrastructure Solutions, an engineering, procurement, and construction (EPC) solutions firm, and Galooli, a global provider in software as a service (SaaS) solutions for remote distribution of energy assets, have entered into a partnership. This partnership sees Motive Infrastructure integrating Galooli’s solution into its diverse off-grid power product line.
(more…)
July 19, 2023
Posted by: Janmesh Chintankar
Intelligence is now considered essential to the process of identifying, understanding and acting upon threats. According to the ‘Global Perspectives on Threat Intelligence’ study conducted by Mandiant, 96% of decision-makers interviewed for the research believe that it is important to understand which cyber threat actors could be targeting their organisation. Consequently, says Jay Allmond, threat intelligence engineer at ThreatQuotient , threat Intelligence should be fully integrated into the internal mechanisms linked to threat detection and response. (more…)
May 19, 2023
Posted by: Shriya Raban
San Francisco, United States – Otonomo Technologies Ltd., the platform powering the mobility economy, announced that PREDIK Data-Driven, a data science and research firm, has selected Otonomo to strengthen its geolocation and competitive intelligence solutions. Leveraging commercial vehicle data available via the Otonomo Smart Mobility Data platform, PREDIK Data-Driven is able to improve its market mapping tool & business relationship identifier solution, which enables customers to detect, identify and measure connections and relationships between companies and facilities across the U.S. and Europe. With highly reliable and granular data through Otonomo, PREDIK Data-Driven is able to monitor and analyse distribution routes and strengthen its data science models for customers. (more…)
November 15, 2022
Posted by: Janmesh Chintankar
With the dramatic rise of ransomware, nation state-sponsored threats and new zero-day vulnerabilities, cybersecurity teams are under siege. The European Union Agency for Cybersecurity (ENISA) recently published its 2022 Cybersecurity Threat Landscape which claimed that 10 terabytes of data are stolen monthly in ransomware attacks, says Bernard Montel, EMEA technical director and cybersecurity strategist, Tenable. (more…)
November 10, 2022
Posted by: Shriya Raban
1 March 2022 – For some years now, water utilities have been investing in the digital transformation of micro-metering, not as an end in itself, but as a way to extract value from data and turn information into business intelligence. (more…)
March 1, 2022
Posted by: Anasia D'mello
Businesses across the globe are leveraging the use of the Internet of Things (IoT) in various industries to create new and optimised business opportunities. (more…)
September 30, 2020
Posted by: Anasia D'mello