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DeepMind reportedly lost a yearslong bid to win more independence from Google – The Verge

May 24, 2021 | Author: admin

Tensions between Google and its AI brain trust DeepMind have always been fascinating. To put the relationship in crude terms: DeepMind, founded in 2010, is home to some the best AI researchers in the world who output a steady stream of insightful academic papers and Nature front covers. Google, meanwhile, bought DeepMind in 2014 and bankrolls its large losses, and it really, really wants to squeeze some money out of all those juicy brains.

Thats why a recent story on the two companies from The Wall Street Journal is so interesting. In it, Parmy Olson reports that Google has ended yearslong negotiations between the two firms, ultimately rejecting a plea from DeepMind for more independence.

According to Olson, DeepMind told staff the talks were over late last month. One suggestion from DeepMinds founders was apparently for the company to have the same legal structure as a nonprofit, reasoning that the powerful artificial intelligence they were researching shouldnt be controlled by a single corporate entity, according to people familiar with those plans. But Google wasnt on board with this, telling DeepMind it didnt make sense considering how much money the company has poured into DeepMind.

This conflict isnt surprising. Google execs have said repeatedly the companys future lies in AI, and numerous news stories suggest the mothership has been pressuring DeepMind into commercializing its work. This has led to projects from DeepMind using its research to improve battery life on Android and reduce energy costs in its data centers, but the financial benefits of these efforts are unclear. Meanwhile, the UK firms losses keep rising hitting a high of 477 million (around $660 million) in its most recent public filings for 2019. If Google wants its moneys worth, it cant give DeepMind anything like nonprofit status.

Alongside financial pressures, another bone of contention between the two companies seems to be ethical oversight. A much-trumpeted element in Googles acquisition of DeepMind was a promise that Google would set up an ethics board to ensure its technology was always deployed fairly. The exact nature and scope of this board, though, including who sits on it, has always been unclear. A 2019 report from The Economist said the board even held ownership over any artificial general intelligence created by DeepMind a term that refers to AI that meets or exceeds human capacity across a broad range of tasks.

The status of this board is not mentioned in the WSJs report, but Olson notes that DeepMinds future work will now be overseen by a separate ethics board staffed mostly by senior Google executives. Olson noted in a tweet that this is the Advanced Technology Review Council, or ATRC. This is reportedly Googles highest review board.

In a statement given to The Verge, a spokesperson for DeepMind said: Over the years, of course weve discussed and explored different structures within the Alphabet group to find the optimal way to support our long term research mission to solve intelligence. We could not be prouder to be delivering on this incredible mission, while continuing to have both operational autonomy and Alphabets full support.

Update, May 21st, 11:04AM ET: Story has been updated to note that the ethics board mentioned in the WSJs report is the ATRC.

Update, May 24th, 04:55AM ET: Story has been updated with statement from DeepMind.

Phaidra raises more cash from Mark Cuban and others to build the future of industrial automation – GeekWire

May 24, 2021 | Author: admin

Phaidra co-founders Katherine Hoffman (left), Jim Gao (top right), and Vedavyas Panneershelvam. (Phaidra Photos)

New funding: Phaidra, a startup that launched in 2019 and is building AI tech for industrial customers, raised $4 million. The round was led by Seattle-based Flying Fish, which also led the companys pre-seed round in May 2020. Section 32, Character, Starshot Capital, and Dallas Mavericks owner Mark Cuban also invested.

The software: Phaidra analyzes massive amounts of sensor data and creates intelligent AI agents that automatically control and optimize complex industrial facilities. Customers use Phaidra to improve energy efficiency and sustainability; increase plant safety and stability; and maximize yield.

It will use the fresh cash to accelerate growth in industries such as process heating and cooling, chemical manufacturing, and paper and pulp.

Leadership: The 15-person company is led by Jim GaoandVedavyas Panneershelvam, two former employees at DeepMind, the Alphabet-owned AI research hub, as well asKatherine Hoffman, a defense and HVAC industry veteran.

Our goal is to become the future of industrial automation, Gao said.

Gao led a 14-person team at DeepMind focused on building AI tech for the energy sector. It helped reduceGoogles data center cooling energy consumption by 40%. DeepMind, acquired by Alphabet-owned Google in 2014, is famous for developing the AlphaGo program that beat a human world champion.

The companys leadership is in Seattle but it describes itself as an all-remote team.

Pandemic impact: Gao said the pandemic accelerated digital transformation plans for many industrial companies. The companies we work with view Phaidras intelligence services (i.e. converting sensor data into optimal actions) as a critical competitive edge, he said.

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Phaidra raises more cash from Mark Cuban and others to build the future of industrial automation - GeekWire

Aging With Honor and Dignity: An Intuitive Approach for Men – The Good Men Project

May 24, 2021 | Author: admin

How can we men negotiate our elder years with honor and dignity? How can we continue to stand tall in spirit and remain strong in sensibility when the accumulating losses of aging keep taking their toll?

For the last several years I have been thinking, studying, and writing about this topic in articles, videos, and books. I have come to believe that aging is not all a downhill slope. Yes, there is loss and decline as we age, but there are gifts too, and rewards. There is a path for us men to take our places of honor within ourselves and the wider community, as leaders and eldersindeed to age with honor and dignity. As I say in my latest book, Every Breath, New Chances:

Aging is a two-faced coin. On one side is lossloss of virility, strength, health, power and possibility. On the other side is transformation and growth. This transformation is not something that can be grasped intellectually. The aging journey is emotional; it happens in the realm of feeling.

In doing research for this book, I have talked to many men about their aging, both individually and in groups. Its clear that menof my generation particularlyface unique challenges around growing older. We were raised in the crucible of traditional masculinity. We were encouraged to be strong. We were told when tears came that boys dont cry. We were taught to mask and hide our emotions, particularly feelings of vulnerability, uncertainty, and fear. We were urged to compete, to work hard, push through adversity and avoid showing weakness, so that we could stand tall as men worthy of respect.

Men vary in how much they absorb and internalize this traditional male view, but we have all been exposed to it and influenced by it to some degree.

We can debate how well these values prepared us to be men of goodness and integrity during our earlier adulthood, but whatever their worth, these principles are less valuable in the last phase of lifewhen men experience decline and loss of physical, sexual and mental capacity. In the face of these new challenges, the old masculine values dont hold up so well. You cant fight aging by powering through, or by putting your dukes up and trying to be a tough guy. Aging just laughs at you when you try to do that. If you frame the battle that way, aging always wins.

In order to prevail and prosper as we age, we need to come up with a different strategy, one that invokes the very aspects of ourselves that we set aside early on in our effort to be strong men. We need to go back and refamiliarize ourselves with vulnerability, emotionality, fear, andmost of allintuition. Acknowledging these aspects of ourselves, finding ways to honor them and learn from them, is the path to transforming aging from a framework of loss and weakness to a newfound nexus of elderhood and inner strength. Aging is not just another of lifes battles to be fought and won, it is an inner flame that needs to be ignited from within, cultivated and grown until it is a heartwarming fire.

In this effort, I teach that intuition is key. At first, hearing that may seem like an odd notion. How can intuition help? What is intuition, anyway?

The phrase womens intuition comes to mind, and most men want nothing to do with that. The good news is that this old hackneyed expression is flat wrong; there is no male or female in intuition. The latest research confirms it; men and women are equally intuitive, although men may not always recognize intuition when they are using it, even though we use it all the time. Any time you size someone up whether a colleague at work, a contractor to hire, or a person youre talking to at a partyyou are using intuition. In business we refer to a gut player, someone who plays his hunches.

Sports is another realm where intuition rulesthink of a running back weaving downfield or a point guard driving to the basket. These players arent thinking about what they are doing, they are just doing it faster than they can think. When reporters ask them later how they made the touchdown or the basket, often they cant say. Thats because intuition is not a verbal thing. It happens too fast. The research confirms this; intuition is three times quicker than thinking, and is mostly unconscious.

Aging is another realm where intuition can guide you where thinking cannot go. You use intuition to size other people up; when it comes to aging, you can use intuition to, in a sense, size yourself up. This is different than thinking about aging, though thats something you probably do a lot. You may worry about your health, your finances, your sexual prowess, your painful joints, your weight, your weakening eyesightthe list goes on. These thoughts spin inside the privacy of your mind like a clothes dryer that wont turn off. This spinning, however, is not really sizing yourself up in an intuitive sense. Thoughts about aging are like cotton candysatisfying for a while, but not deeply nourishing in the long run. Besides, much of this thinking is speculation; it may or may not be true. If you want to know the deep truth about yourself, you need intuition. Intuition is subtle, yet powerful. Unlike thinking, it knows the truth of things; it sees where the real opportunities are, as well as the hazards.

So how do you access this inner sizing up? It would be nice if you could just talk to intuition like a buddy, and say, Hey, tell me what you know. How am I doing?

Intuition doesnt work that way, though. Instead, it is an ancient faculty, far older than thinking, and it communicates not through words, but pictures and images. Thinking is about knowledgefacts and figures, whether true or falsebut intuition is wise, and that difference is telling. Intuition remembers everything you did, and it is clear-eyed and courageous in knowing that one day you may become seriously ill and, eventually, you will die. Intuition knows not just about your aging; since aging is universal it knows about everyones aging.

Intuition is like a kindly old grandfather to whom you can goas perhaps you once did as a boyfor solace and advice. In fact, in every traditional community, there were grandfathers and uncles who could offer models and guidance to men as they aged. In the modern world, we have few such models, which is one reason it is so hard to be a good man and to grow old as one.

To help you connect with this inner grandfather I have developed simple exercises I call deep mind reflections. These exercises use key words and images in a free-associative manner to connect with your intuition, your inner grandfatherto ask him questions, to solicit his advice, and to let him tell you which way to go. Deep mind reflections can be used to inquire into many topics of keen interest to aging mensuch as virility, power, retirement, loneliness, health, illness, and death.In future articles I will go into more depth about these methods, but here is a simple example to get you started:

Bring up the word aging in your mind. Repeat it silently to yourself a few times. Now look into your minds eye and notice the first image or picture that comes to mind. It could be anythingyour greying hair, your bad knee, the recent death of a friend. The main thing is not to censor or select. Notice the very first image that comes. When you have it in mind, keep watching it and see what happens. That is one form of deep mind reflection.

There are many deep mind reflections, but the deepest one asks yourself, Who am I really? Are you really your body, your thoughts, your sexuality, your attractiveness, your net worth, your status and reputation, or any number of myriad ways you define who you are? Or are you something separate from all that, something deeper and more fundamental? Your intuition knows the answer to that question, and that answer has timeless value in upholding the honor and dignity of elder men of every generation.

The Good Men Project gives people the insights, tools, and skills to survive, prosper and thrive in todays changing world. A world that is changing faster than most people can keep up with that change. A world where jobs are changing, gender roles are changing, and stereotypes are being upended. A world that is growing more diverse and inclusive. A world where working towards equality will become a core competence. Weve built a community of millions of people from around the globe who believe in this path forward. Thanks for joining The Good Men Project.

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Damien Harris clearly wouldn’t mind a trade that lands Julio Jones with Patriots – Patriots Wire

May 24, 2021 | Author: admin

The possibility of Julio Jones joining the New England Patriots appears to be growing every day.

There was speculation about it being a good match when reports came out about the Atlanta Falcons looking to trade the 32-year-old, but nothing substantial linked him to New England. On Friday, former Patriots executive Michael Lombardi said he doesnt doubt the team is looking into a potential trade for Jones.

NFL Networks Mike Giardi took it a step further on Saturday with a report saying the Patriots are having internal conversations about a trade. Sports Illustrateds Albert Breer said on Monday the potential asking price for Jones would just be a second-round pick.

Patriots running back Damien Harris is seeing the rumors and clearly is a fan of the potential move.

New Englands offensive line is one of the best in the league, the running back corps is deep and the tight end group is now among the best. The quarterback situation with Cam Newton and Mac Jones on the roster is much better than the scenario in 2020. Now, the Patriots need an elite receiver to cap off the much-improved offensive unit.

Harris likely isnt the only Patriot who approves of this move.

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Damien Harris clearly wouldn't mind a trade that lands Julio Jones with Patriots - Patriots Wire

AI in Healthcare Market Rugged Expansion Foreseen by 2031 | Nuance Communications, Inc., DeepMind Technologies Limited, IBM Corporation The Courier -…

May 24, 2021 | Author: admin

Global AI in Healthcare Market 2021by Manufacturers, Regions, Type, and Application, Forecast to 2031 holds key importance for professionals entailing data and market analytics. The main purpose of this report is to offer independent and consensus-based information highlighting and addressing critical data and necessary information regarding the market. The report helps our clients make superior data-driven decisions, understand market forecasts, capitalize on future opportunities and optimize accurate and valuable information.

The report categorizes the global AI in Healthcare market by segment by the key player, type, application, marketing channel, and region. This research highlights the current drivers which can help increasing its demand from consumers, knowledge about industry leaders, industry developments and changes, market share, and market analysis.

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NOTE: Our analysts monitoring the situation across the globe explains that the market will generate remunerative prospects for producers post COVID-19 crisis. The report aims to provide an additional illustration of the latest scenario, economic slowdown, and COVID-19 impact on the overall industry.

The report estimates market size (value and volume), market share, growth rate by types, applications. It AI in Healthcare on the competitive scenario of the global AI in Healthcare market to know the competition at both the domestic and global levels. Every leading player of the global market is outlined considering the key aspects such as areas of operation, production, and product portfolio. Additionally, companies in the report are studied based on key factors such as company size, market share, market growth, revenue, production volume, and profits. It then investigates detailed trends and outlooks of the global market, along with market drivers and market hurdles.

Major leading companies are covered in this market report are Nuance Communications, Inc., DeepMind Technologies Limited, IBM Corporation, Intel Corporation and Microsoft and NVIDIA Corporation.

Analysis of Drivers, Restraints, Opportunities, and Trends of AI in Healthcare Market:

Drivers:

The AI in Healthcare market report in this section identifies dominant market drivers and favorable trends that leverage high-end growth, peculiar to the usual growth trajectory. The report in this section also unearths eminent demand possibility and customer inclination towards product and service consumption, thus effectively deciding growth prognosis across the timeline.

Restraints:

The AI in Healthcare market report also carefully identifies various restraining factors operational in the market and their limitations which directly interfere with the usual growth spurt.

Opportunities:

The following sections of the report evaluate the potential of existing AI in Healthcare market opportunities in growth diversification, besides also unraveling new avenues that further enhance growth likelihood.

Trend Estimation:

Relentless market developments and novelties also augment the growth route in several desirable ways that also reflect growth stability and sustainability in the forthcoming years.

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In the last section of the report, the companies responsible for increasing sales in the AI in Healthcare market have been presented. These companies have been analyzed in terms of their manufacturing base, basic information, and competitors. In addition, the application and product type introduced by each of these companies also form a key part of this section of the report. The recent enhancements that took place in the global AI in Healthcare market and their influence on the future growth of the market have also been presented through this study.

AI in Healthcare Market Segmentation by Region:

North America [United States, Canada, Mexico]South America [Brazil, Argentina, Columbia, Chile, Peru]Europe [Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]The Middle East & Africa [GCC, North Africa, South Africa]Asia-Pacific [China, Southeast Asia, India, Japan, Korea, Western Asia]

Key Answers Captured in AI in Healthcare Study are

1.Which geography would have better demand for products/services?2.What strategies of big players help them acquire shares in the regional market?3.Countries that may see the steep rise in CAGR & year-on-year (Y-O-Y) growth?4.How feasible is the AI in Healthcare market for long-term investment?5.What opportunity the country would offer for existing and new players in the AI in Healthcare market?6.What are influencing factors driving the demand for AI in Healthcare near future?7.What is the impact analysis of various factors in the Global AI in Healthcare market growth?8.What are the recent trends in the regional market and how successful they are?

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AI in Healthcare Market Rugged Expansion Foreseen by 2031 | Nuance Communications, Inc., DeepMind Technologies Limited, IBM Corporation The Courier -...

Dallas Comedy House Will Reopen With a New Name and Look – Eater Dallas

May 24, 2021 | Author: admin

Dallas Comedy House, the longtime Deep Ellum performance venue that closed in 2020 due to the COVID-19 pandemic, will reopen this fall with a new look, new name, and new mission to bring comedy to the Dallas scene.

Ian and Rosie Caruth, former Dallas Comedy House performers, have taken over the space at 3036 Elm Street and renamed it Dallas Comedy Club. Its slated to open in September after renovations, with several classrooms, two enclosed theaters indoors, and an outdoor stage. The original venues beer garden and full-service restaurant will also be updated.

Ian Caruth, who grew up in Dallas, has spent time in comedy circles in New York City and Chicago, including practices at the Upright Citizens Brigade, he tells PaperCity. He and Rosie met following an improv show in New York.

The couple tells PaperCity they want to preserve most of the feel of Dallas Comedy House, but have a few updates in mind to modernize the experience, like adding camera setups so improv classes and comedy performances can happen over Zoom as well as in person.

The original Dallas Comedy House was founded in 2009 on Commerce Street, according to the Dallas Morning News. It moved to a location on Main Street in 2015, and then to the Elm Street spot in 2019 following a dispute with the Main Street landlord. For 11 years, it served as an entertainment mainstay in Deep Ellum, until the novel coronavirus hit. The venue hosted a few events throughout the summer, but struggle with reduced capacity and curfews, eventually closing for good on July 2.

Caruth tells PaperCity that Comedy Houses founder Amanda Austin, was a hero who helped put alternative comedy on the map in Dallas. In a press release, he said he hopes to honor the previous clubs legacy with the new Dallas Comedy Club.

When we relocated to Dallas, Dallas Comedy House became our home stage and was an important part of our story, he said. Rosie and I are thrilled to have the opportunity to bring comedy back to life in Deep Ellum.

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Longtime Deep Ellum comedy venue to reopen with a new name and new mission

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Dallas Comedy Club will open in September in a familiar location

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The new venue will bring comedy back to Deep Ellum

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Dallas Comedy House Will Reopen With a New Name and Look - Eater Dallas

AI in Healthcare Market in deep Research about Growth & Competitive Analysis by 2021-2031 | Nuance Communications, Inc., DeepMind Technologies…

May 24, 2021 | Author: admin

A new business intelligence report released by insightSLICE with title AI in Healthcare Market Insights, forecast to 2031 has abilities to raise as the most significant market worldwide as it has remained playing a remarkable role in establishing progressive impacts on the universal economy. The AI in Healthcare Market Report offers energetic visions to conclude and study market size, market hopes, and competitive surroundings. The research is derived through primary and secondary statistics sources and it comprises both qualitative and quantitative detailing.

Some of the key players profiled in the study are: Nuance Communications, Inc., DeepMind Technologies Limited, IBM Corporation, Intel Corporation and Microsoft and NVIDIA Corporation.

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How to change the economic Determination for the trendy AI in Healthcare industry?

The ongoing COVID-19 pandemic has had far-reaching effects on the economy. The AI in Healthcare market is reported globally and has been hit hardest at the business, industrial and personal level. Also, it is rarely discussed as everyone has different settings and there is no single solution. But now the market is recovering slowly and its time to adjust the business. It will be helpful if you come up with a plan that empowers you more with wealth when trying to stabilize industrial resources. Here is a quick guide to help you get started.

Important Features that are under offering & key highlights of the report:

Market Data Segmentation with production, consumption, revenue (million USD), and Price Analysis Detailed overview of AI in Healthcare market Changing market dynamics of the industry In-depth market segmentation by Type, Application etc Historical, current and projected market size in terms of volume and value Recent industry trends and developments Competitive landscape of AI in Healthcare market Strategies of key players and product offerings Potential and niche segments/regions exhibiting promising growth A neutral perspective towards AI in Healthcare market performance Must have information for market players to sustain and enhance their market footprint

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Strategic Points Covered in Table of Content of AI in Healthcare Market:

Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the AI in Healthcare marketChapter 2: Exclusive Summary the basic information of the AI in Healthcare Market.Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges of the AI in HealthcareChapter 4: Presenting the AI in Healthcare Market Factor Analysis Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.Chapter 5: Displaying the by Type, End User and Region 2021-2031Chapter 6: Evaluating the leading manufacturers of the AI in Healthcare market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company ProfileChapter 7: To evaluate the market by segments, by countries and by manufacturers with revenue share and sales by key countries in these various regions.Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source

Key questions answered Who are the Leading key players and what are their Key Business plans in the AI in Healthcare market? What are the key concerns of the five forces analysis of the AI in Healthcare market? What are different prospects and threats faced by the dealers in the AI in Healthcare market? What are the strengths and weaknesses of the key vendors?

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3 Major Benefits of a Long-Term Insurance Carrier Relationship – Senior Housing News

May 24, 2021 | Author: admin

In his conversations with senior living operators, Jim Ketterson is hearing one concern rise to the top: the increased societal propensity to sue.

Help me reduce the chances that I get sued, is a common request from operators, Ketterson says. Claims against senior living operators rose in 2020, and might continue to rise in 2021, both Covid-related and otherwise. Operators face new exposures and an increased focus from plaintiffs attorneys, he says.

Senior living operators are desirous of advice from their insurers on what they can do to both reduce the likelihood that they get sued, as well as to improve their defensibility in the event that they do get sued, says Ketterson, Senior Director of Senior Living at Church Mutual Insurance Company, S.I. (a stock insurer).1

Increasing litigiousness is just one of several pressure points operators are facing during these uncertain times, and combating it is one of three major benefits to having a long-term insurance carrier relationship. Here is a look at those three benefits.

Expertise in the senior living industry

Insurance is designed to give its recipient peace of mind, and thats difficult to achieve with a stranger or a novice. A senior living operator juggling multiple insurers across multiple coverage areas, potentially resetting carriers every few years, creates a situation where it is hard to build a deep and stable rapport with your insurer. A deeper relationship with your insurer helps reduce exposure to loss and increase defensibility.

It also enables the building of deep relationships with claims personnel and coming together on strategies and expectations. Having an insurer with a long track record in senior living, and specialized claims and risk control resources to assist in this regard, is key.

Insurers who operate in the senior living space on a specialized basis, such as Church Mutual, have specialized risk control employees who are well versed in providing advice in that area, Ketterson says.

As a specialized insurer, Church Mutual offers not just proactive and interactive counsel but also resources such as webinars and white papers on everything from negotiated risk agreements and arbitration agreements to end-of-life care.

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The latter ties in directly to an operators ability to minimize risk of lawsuits, Ketterson says.

Church Mutual recently conducted a webinar around end-of-life care, emphasizing its importance and providing counsel to operators on how to manage expectations and communications with family members during the end-of-life process.

That way, family members are not surprised by what happens during end-of-life care with their loved ones. They have a better sense of how the final stage of their loved ones life will play out and what to expect. They are not left feeling like something went wrong and that they should sue, when in fact what they experienced with their loved one was just a normal part of end-of-life. Properly preparing them for what to expect not only reduces the likelihood of suits, but is also the compassionate thing to do, he says. The longer a customer is with us, the deeper were able to get into a multitude of complex issues.

Consistency of the partnership

That consistent partnership reduces operator stress and strain by reducing the amount of work the operator must do to manage insurance challenges. Unfortunately for operators, some carriers lured by the large available premium dollars jump into the senior housing niche without fully committing to first building out the specialized knowledge and resources needed to properly serve and advise customers.

Many operators in the senior living space have been burned by Johnny-come-lately insurers who came in, put forth a competitive insurance program, lost a ton of money, and a year or two later jettisoned the operator back into the marketplace and left the industry, Ketterson says. Church Mutual has been a consistent presence in this marketplace for north of 35 years, and has truly been committed to understanding the space and being a reliable partner for those who are in search of long-term relationships.

Beyond the strategic advantages of a long-term relationship, there are logistical ones too. Simply put, changing insurers is a lot of work. An operator must complete all of the various applications and insurance coverage lines, answer all of the underwriters questions about coverage lines, negotiate coverage, make sure the coverages quoted are consistent with the needs of the organization and understand how claims are handled and reported with the new insurer.

To have an insurer with a long track record for consistency within the niche really is an important part of evaluating insurers, Ketterson says.

Consolidated coverage

Changing one insurer is a lot of work. Now imagine if your policies for different lines of insurance are spread across multiple carriers one for workers compensation, one for professional liability, and so on. Operators who consolidate coverage dont need to reach out to five points of contact annually to renew five different policies.

By bringing as many coverages as possible together with a single insurer, not only do you gain efficiencies from a transactional standpoint, you also gain reduction in your overall volatility of your loss performance with your insurer, Ketterson says. He notes if an operator with one coverage area per carrier has a bad year in, say, workers compensation, then that is a bad year with that carrier.

Whereas if you have all of your coverages with the same insurer, you may have a bad year with the workers compensation, but a good or average year on all the rest of the coverages, he says. When you bring all of the coverages together with a single insurer, youre reducing the volatility of the relationship with your insurance company.

Consolidated coverage also means an operator is managing only one billing relationship versus many.

Church Mutual is one of the few insurance companies that offers very attractive billing plans that really do enhance the cash flow for operators, whereas many of our competitors require all or a significant percentage of the annual premium up front, he says. As operators are very focused on cash flow, this is another significant advantage of doing business with Church Mutual.

This article is sponsored by Church Mutual Insurance Company, S.I. To learn more about how Church Mutual can boost your insurance experience as your single, long-term partner, visit churchmutual.com/seniorliving.

1Church Mutual Insurance Company, S.I. is a stock insurer whose policyholders are members of the parent mutual holding company formed on 1/1/20. S.I. = a stock insurer.

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IoT Cloud Company Tuya Smart Holds Meeting on Fast-tracked Connectivity and Innovation Amid COVID-19 Pandemic – Synced

May 24, 2021 | Author: admin

On May 21, leading IoT cloud platform Tuya Smart held a press meeting on its launch of theGlobal IoT Press Meetingvirtual series, with an inaugural event focusing on the North American market. The event addressed trends in the region, challenges created by the COVID-19 pandemic, and future growth opportunities. It gathered leaders from the North American IoT industry, including the guest of honor Jeff Immelt, Chairman of Tuya Smart US; Fritz Werder, General Manager of Tuya Smart North America; Andrew Howard, Tuya Smarts Head of Business Development for North America; and representatives from key players in the IoT space Monster, BAZZ, SATCO, Bluetooth SIG, and ioXt.

According to a recent report by Statista on IoT, by 2025 North America will have over 5.4 billion IoT connections alone, a near doubling in six years. As the COVID-19 pandemic and its emerging variants disrupt lives around the world, digitization and IoT developments have accelerated to support consumers and drive growth.The press meeting, held under the themeConnecting Every Thing and Every Person, shared key trends in IoT innovation, alongside introducing Tuyas flagship IoT cloud platform and networking module, which can help developers create branded smart apps in less than ten minutes and bring products to market in under 15 days.

Jeff Immelt, Chairman of Tuya Smart US, affirmed the importance of constant innovation and the development of exponential growth technology, highlighting how Tuya is addressing this challenge. As the former CEO of General Electric and an IoT industry veteran of over a decade, he remarked IoT has the ability to connect everything and every person. This offers a growth opportunity similar to that of the mobile internet. As developers create more smart devices and IoT services, they need a platform that enables them to develop efficient and manage the complexities of the full development cycle.

Attending representatives also shared their insights on key business opportunities ahead, including voice control, data security, and subscription models. Kevin Lee, SVP of Brands and Corporate Development at Monster, known for their Beats by Dr. Dre headphone and electronics series, shared insights on how IoT has transformed the music industry. Daniel Goulet, Executive Vice President of BAZZ Smart Home, spoke on the changes in modern urban living brought

about by the COVID-19 pandemic and its influence on IoT.

As a global leading IoT cloud platform, Tuya Smarts platform and tools currently enable over 1,100 product categories, over 324,000 developers global, covering nine industry verticals including agriculture, tourism, education, medicine and retail. It is the largest IoT PaaS company in terms of the volume of smart devices powered in 2020, according to the CIC. Through its IoT cloud platform, Tuya has enabled developers to activate a vibrant IoT ecosystem of brands, OEMs, partners and end users to engage and communicate through a broad range of smart devices.

The Global IoT Press Meeting series, hosted by Tuya Smart, will further focus on key regions including Southeast Asia, East Asia, Europe, the Middle East, and Latin America. Tuyas focus for 2021 is to galvanize the global IoT industry during a pandemic, leading the charge to support like-minded partners in various markets. The series will showcase Tuyas tailored IoT solutions for the unique needs of each region and share insights from leading local brands and associations on IoT business strategies, partnerships, and opportunities.

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Cyber Security Market to Make Promising Progress; Increasing Adoption of Latest Technologies to Boost the Market – GlobeNewswire

May 24, 2021 | Author: admin

Pune, India, May 24, 2021 (GLOBE NEWSWIRE) -- The global cyber security market size is set to experience speedy growth from USD 165.78 billion in 2021 to USD 366.10 billion in 2028 owing to the emergence of new technologies in the IT security industry, finds Fortune Business Insights in its report, titled Cyber Security Market Size, Share & COVID-19 Impact Analysis, By Component (Solution and Services), By Deployment Type (Cloud and On-Premise), By Enterprise Size (Small & Medium Enterprise and Large Enterprise), By Industry (BFSI, IT and Telecommunications, Retail, Healthcare, Government, Manufacturing, Travel and Transportation, Energy and Utilities and Others) and Regional Forecast, 2021-2028, the cyber security market stood at USD 153.16 billion in 2020. It is set to exhibit a CAGR of 12.0% during the forecast period.

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In recent years, the cyber security market has gained prominence on account of the growing adoption of latest technologies in the IT sector such as Artificial Intelligence (AI), cloud security, and others, which has resulted in the growth of this market. Further, the cyber security solutions can be used in different applications such as banking, financial services, insurance companies, and others, which is an important factor driving this markets growth. For instance, Cisco Systems, a renowned IT company, has developed a simple, secure and user-friendly cyber security solution which helps in protecting and managing the companys critical data that is used for digital purposes.

However, the lack of professional and expert personnel for development of the security solutions is projected to hinder this markets growth.

COVID-19 Impact:

The COVID-19 pandemic and the subsequent lockdown restrictions have affected all the major businesses and companies worldwide. Due to the lack of experts, lay-offs in the companies, shutdown of large scale and small scale companies, and many other reasons, the cyber security markets demand has decreased during this pandemic impacting the demand for internet cyber security solutions across the world.

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Market Segmentation:

On the basis of component, this market is divided into network security, cloud application security, end-point security, secure web gateway, internet security, and others. By deployment type, the market is classified into on-premises and cloud. Based on enterprise size, the market is categorized into small and medium enterprises and large enterprises. By industry, the market is divided into BFSI, IT and telecommunications, retail, healthcare, government, manufacturing, travel and transportation, energy and utilities, and others. In terms of geography, the market is clubbed into North America, South America, Europe, Asia Pacific, and the Middle East & Africa.

Highlights/Summary:

This research report offers an in-depth study of the driving factors, restraints, and trends related to the growth of the market. In addition, this report offers a detailed evaluation of the market segments and regional developments in the market. Further, this report also incorporates a comprehensive analysis of the strategies adopted by the leading players to boost their market position.

Drivers/Restraints:

Increasing Number of Cloud-based Security Solutions to Fuel the Market

Nowadays, most of the IT companies and financial service providing companies are adopting cloud-based IT security solutions in order to protect their companys privacy and the critical data from getting hacked. This has helped these companies to reduce the risk of cyber frauds which can have a major impact on their business operations and the reputation of the company. This acts as a crucial driving factor responsible for the growth of the market. For instance, Palo Alto Networks has expanded its business by acquiring two companies Twistlock and PureSe. This has resulted in increasing the companys product portfolio and provides a complete cloud security solution with a wide variety of cloud security applications.

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Regional Insights:

Rising Number of Security Violations to Propel the North America Market Growth

North America region is projected to expand rapidly in the cyber security market share on account of the increasing number of security infringement incidents which have led to the growing demand for cloud-based security applications in this region. Further, the surge in the demand for e-commerce platforms in the countries such as US and Canada has resulted in fuelling this markets growth.

Europe is another region anticipated to witness substantial growth in this market owing to the rising number of internet security projects and major investments in IT security in the countries such as Germany, Spain, UK, and others.

Competitive Landscape:

Developing Latest and Advanced Cyber Security Systems by Key Players to Feed Competition

The key players in the cyber security market are focusing on developing and installing latest cyber security systems to avoid data breaches, cyber frauds, and other major incidents which occur due to lack of expert personnel or use of outdated systems. Thus, there is an increasing competition among the leading companies for installing these systems, which has resulted in propelling this markets growth and helps the companies to widen their business horizons in this market.

Industry Development:

September 2020: Bharti Airtel Ltd. launched a suite of internet security solutions for small and medium enterprises. The security solutions will help these companies in adopting cloud platforms and other emerging technologies.

List of Key Players Covered in the Cyber Security Market Report:

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Table of Content:

TOC Continued..

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