The PRWIRE Press Releases https:// 2021-03-04T03:12:10Z Data integrity critical for future of retail 2021-03-04T03:12:10Z data-integrity-critical-for-future-of-retail-1 GS1 Australia and KPMG Australia have published a Thought Leadership report, Unlocking the Value of Tomorrow’s Retail, highlighting the importance of master data in the future of retail supply chains.The new 16-page report outlines how quality, aligned master data enables the capabilities for businesses to thrive in retail’s age of information. Master data is defined as the attributes of an organisation’s products, customers and suppliers, and is a core part of business operations, providing essential information, and serving as an enabler of efficiency across many aspects of business, often in the shadows of business operation.“In tomorrow’s retail, where personalisation, speed to market and omni channel supply chains are increasingly necessary to compete, manufacturers and retailers will find increasing value in having the data integrity to enable these capabilities.”“Today there are more advanced systems in place, but there is still an underlying issue around data integrity. If your data is not good quality or incorrect, it doesn’t matter how efficient the mechanism is that you have to receive it, incorrect data is going to cause issues for everyone in downstream processes,” said Andrew Steele, Director of Retail, GS1 Australia.“The role of GS1 as we see it, is to provide open global data standards that can be used by all industry stakeholders. One person might call it a barcode number and somebody else a product number. You need to bring standardisation to the mainly conventional data fields to make it easier for people to look at. It needs to be consistent.”Quality control of products is becoming more important as the number of data fields a supplier provides to retailers has grown significantly, according to Andrew Steele GS1 Retail Director. There is no better driver of this data being important than the current COVID-19 situation. People spent a lot of time online, which offers up a good example of why quality master data is important because consumers are not physically in the store and they cannot hold the product in their hand and cannot read the product description, nutritional data, allergen declarations, and other relevant product information. Ashley Alfs, co-author of the report and seasoned supply chain practitioner, says she finds, “most businesses look for quick fixes to their problems through technology upgrades or re-orgs, but neglect the importance and value of ongoing and robust master data management (MDM). So many of the problems organisations face could be fixed or minimised by focusing on better MDM practices.”The shifting landscape of the retail industry has amplified the role master data plays and the value it can unlock. Businesses that neglect their master data will realise only after it’s too late, that quality data is no longer a competitive advantage, but an expectation.Download the report endsAbout GS1 AustraliaGS1 is a neutral, not-for-profit organisation that develops and maintains the most widely used global standards for efficient business communication. We are best known for the barcode, named by the BBC as one of “the 50 things that made the world economy”. GS1 standards and services improve the efficiency, safety and visibility of supply chains across physical and digital channels in 25 sectors. With local Member Organisations in 114 countries, 1.5 million user companies and 6 billion transactions every day, GS1 standards create a common language that supports systems and processes across the globe. GS1 Australia has over 20,000 company members. For more information visit the GS1 websiteFor more information: Contact: Emma Morrison, Marketing Program Manager, GS1 Australia. Tel: 0422 482 616 Email: emma.morrison@gs1au.org About KPMG AustraliaKPMG’s Management Consulting business helps clients across a broad range of industries to enhance their business and empower change for meaningful impact. Our focus is on partnering our expertise with your teams to deliver real results. KPMG’s business and capabilities continue to grow and evolve to stay ahead of the curve, bringing global best practice and local meaningful capability. For more information: Contact person: Robert Poole, KPMG. Tel: 0408057073 Email: robertpoole@kpmg.com.au Data integrity critical for future of retail 2021-03-04T01:16:10Z data-integrity-critical-for-future-of-retail GS1 Australia and KPMG Australia have published a Thought Leadership report, Unlocking the Value of Tomorrow’s Retail, highlighting the importance of master data in the future of retail supply chains.The new 16-page report outlines how quality, aligned master data enables the capabilities for businesses to thrive in retail’s age of information. Master data is defined as the attributes of an organisation’s products, customers and suppliers, and is a core part of business operations, providing essential information, and serving as an enabler of efficiency across many aspects of business, often in the shadows of business operation.“In tomorrow’s retail, where personalisation, speed to market and omni channel supply chains are increasingly necessary to compete, manufacturers and retailers will find increasing value in having the data integrity to enable these capabilities.”“Today there are more advanced systems in place, but there is still an underlying issue around data integrity. If your data is not good quality or incorrect, it doesn’t matter how efficient the mechanism is that you have to receive it, incorrect data is going to cause issues for everyone in downstream processes,” said Andrew Steele, Director of Retail, GS1 Australia.“The role of GS1 as we see it, is to provide open global data standards that can be used by all industry stakeholders. One person might call it a barcode number and somebody else a product number. You need to bring standardisation to the mainly conventional data fields to make it easier for people to look at. It needs to be consistent.”Quality control of products is becoming more important as the number of data fields a supplier provides to retailers has grown significantly, according to Andrew Steele GS1 Retail Director. There is no better driver of this data being important than the current COVID-19 situation. People spent a lot of time online, which offers up a good example of why quality master data is important because consumers are not physically in the store and they cannot hold the product in their hand and cannot read the product description, nutritional data, allergen declarations, and other relevant product information. Ashley Alfs, co-author of the report and seasoned supply chain practitioner, says she finds, “most businesses look for quick fixes to their problems through technology upgrades or re-orgs, but neglect the importance and value of ongoing and robust master data management (MDM). So many of the problems organisations face could be fixed or minimised by focusing on better MDM practices.”The shifting landscape of the retail industry has amplified the role master data plays and the value it can unlock. Businesses that neglect their master data will realise only after it’s too late, that quality data is no longer a competitive advantage, but an expectation.Download the report endsAbout GS1 AustraliaGS1 is a neutral, not-for-profit organisation that develops and maintains the most widely used global standards for efficient business communication. We are best known for the barcode, named by the BBC as one of “the 50 things that made the world economy”. GS1 standards and services improve the efficiency, safety and visibility of supply chains across physical and digital channels in 25 sectors. With local Member Organisations in 114 countries, 1.5 million user companies and 6 billion transactions every day, GS1 standards create a common language that supports systems and processes across the globe. GS1 Australia has over 20,000 company members. For more information visit the GS1 websiteFor more information: Contact: Emma Morrison, Marketing Program Manager, GS1 Australia. Tel: 0422 482 616 Email: emma.morrison@gs1au.org About KPMG AustraliaKPMG’s Management Consulting business helps clients across a broad range of industries to enhance their business and empower change for meaningful impact. Our focus is on partnering our expertise with your teams to deliver real results. KPMG’s business and capabilities continue to grow and evolve to stay ahead of the curve, bringing global best practice and local meaningful capability. For more information: Contact person: Robert Poole, KPMG. Tel: 0408057073 Email: robertpoole@kpmg.com.au Long-term dry hire of machinery here to stay 2021-03-01T02:19:43Z long-term-dry-hire-of-machinery-here-to-stay The growth of Australia’s mining industry has positioned long-term dry hire as a highly attractive option versus purchasing equipment over the past five years. This change in the mining industry has been driven by strategies to increase production, export volumes and bottom-line profitability. As mining fleets expand, companies that are constrained by capital availability are regularly choosing to opt for long-term dry hire over purchasing. National Group managing director, chief executive and founder, Mark Ackroyd, has witnessed this shift as his company has grown over the past 24 years. Dry hire now represents 90 per cent of National Group’s business. “Dry hire gives mining companies an option to free up capital expenditure without recording big-ticket purchases on their balance sheet,” Ackroyd tells Australian Mining. “They can continue using the equipment and give it back after 12 months, one year, two years or even more, without any ownership responsibility. “All they’re responsible for is fuel, the supply of operators and minor repairs. They can use the machine for as long as it’s required to get the job done and increase production.” It is no surprise that long-term dry hire has emerged as an appealing alternative for mining companies, given its benefits in current market conditions. National Group provides greater flexibility by offering two types of dry hire, with maintenance being an option that mining companies can choose to take onboard themselves. In this scenario, a mining company will carry out all the minor repairs and equipment services, with only the obligation of major repairs assumed by National Group. Alternatively, National Group also offers fully-maintained maintenance in which they are responsible for managing the machines onsite and conducting all equipment repairs, major or minor. This removes maintenance and safety hazards that mine site personnel may be exposed to, thereby minimising the risk for the mining company. This is also an attractive option for mine sites who do not have the resources. In both scenarios of dry hire, mining companies stand to gain from more accurate budgeting forecasts, greater flexibility and customisation of the equipment needed for their mining activities. National Group offers an extensive fleet, which includes a variety of large bulldozers, excavators and ultra-class dump trucks for dry hire. It has a fleet-wide availability of over 90 per cent, with each unit of equipment delivering up to 700 operating hours per month. “Our fleet comprises of around 300 plus units of heavy earthmoving equipment, with this number being added to weekly on average,” Ackroyd says. “We have regular interest from several Tier 1 Australian mining companies looking to hire equipment, with dozens of large and extra-large pieces of heavy mining equipment arriving soon.” Equipment such as Caterpillar 6040 excavators, Caterpillar 24 motor graders, and Caterpillar 793F trucks, are all machines being added to National Group’s line up. Ackroyd says the demand for equipment hire has increased as mining companies transition to an owner-miner approach, with commodity cycles continuing to advance. His confidence in this approach stands on the strength of the mining sector, which is the top contributor to Australia’s gross domestic product. When global uncertainty shook economies last year, Australia delivered record revenues for iron ore, gold and copper. Australian Bureau of Statistics data reveals that the resources sector provided $270 billion into the economy in 2020. This represents 62 per cent of the country’s total export revenue, with iron ore exports soaring from $96 billion in 2019 to $116 billion in 2020. BHP and Rio Tinto, the world’s two largest miners, believe the strength of the iron ore market will be sustained. The companies foresee a persistent shortage in global iron ore supply, while a soaring demand for the commodity is expected to continue due to Chinese steelmaker activity. According to BHP, a National Group customer, this puts Australia in an advantageous position for its high-quality seaborne iron ore – an essential ingredient to blast-furnace steelmaking. BHP chief executive Mike Henry says that while the world is a more volatile and uncertain place today, the global economy is rebounding strongly despite the ongoing effects of COVID-19. “In steel, for example, we expect continuing strong end-use demand to underpin production of more than one billion tonnes in China for a third consecutive year,” Henry, speaking during BHP’s half-year results presentation, says. “Add population growth and further rises in living standards to this equation, and the conditions are very promising.” Ackroyd agrees that the mining sector is in a strong place and will continue to be in the next five years. “I don’t see any impending challenges in the mining industry over the next five years. It’s the number one driver of the Australian economy and a leader in the country’s COVID-19 economic recovery,” Ackroyd says. “But regardless of the positive landscape ahead, mining always comes with a certain degree of uncertainty. Dry hire allows mining companies to operate more effectively, and with greater flexibility in both good and more uncertain times.” Click here for more news from the National Group. Osmoflo achieves Third Party Certification to the international Asset Management Standard ISO 55001:2014 2021-02-26T04:51:27Z osmoflo-achieves-third-party-certification-to-the-international-asset-management-standard-iso-55001-2014 Osmoflo is very pleased to advise that it has achieved third party certification of its asset management system to the international asset management standard, ISO 55001:2014. This latest certification adds to Osmoflo’s existing certifications from SAI Global for its integrated management systems covering Occupational Health and Safety (ISO 45001:2018) and AS/NZS (4801:2001), Quality (ISO 9001:2015) and Environmental (ISO 14001:2015). The certification to ISO 55001 has been many years in the planning and demonstrates the strength and maturity of Osmoflo’s asset management systems and culture. The ISO 55001 standard identifies the extensive compliance requirements for the life-cycle management of assets and requires demonstration of asset management as a core competency of the entire business - one that is fully integrated at all three levels of corporate activity including at the operational level, the tactical/ planning level, and at that the strategic /executive leadership level. Michael White, Acting External Plant Team Leader from Energy Australia, one of Osmoflo’s key customers, commented, “We have had a really positive experience working with Osmoflo for the last 14 years. I believe Osmoflo’s recent certification to ISO 55001:2014 recognises their asset management knowledge, and ability to apply asset management systems to improve long term asset performance, which is extremely important to me as an operator of critical infrastructure. Continuous improvement in the management of our reverse osmosis plants performance and life cycle costs by Osmoflo, allows us to focus on our main priority – providing a consistent and reliable power supply.” Nick Sterenberg, Operations Manager, Coopers Brewery at Regency Park, stated “Osmoflo has owned and operated its desalination plant that has provided a consistent, high quality and reliable water supply to Coopers Brewery for over 20 years. Osmoflo’s maintenance and asset management practices have played an important role in ensuring a very high level of plant availability and product water quality and this in turn has allowed Coopers to supply its beer, malt, and homebrew products nationally and globally with no interruption over that entire period. Coopers congratulates Osmoflo on its certification to ISO 55001 - this provides us with yet further reassurance that Osmoflo will continue to provide best-practice asset management services in the years to come.” Osmoflo’s Chief Operating Officer, Carmine Ciccocioppo, commented that, "We are extremely proud to have achieved this very significant milestone for our business - one that very few service providers in the global water treatment and desalination industry have managed to accomplish. It is a testament to the strong focus that Osmoflo has had for almost three decades on striving for industry-leading asset management performance. We believe this new certification to the ISO 55001 standard is one that gives Osmoflo’s clients and key stakeholders yet further demonstration and peace-of-mind that their assets are being managed with systems that have been independently verified as best-practice. And coupled with our ongoing commitment to continuous improvement, it also means that they will continue to receive industry-leading value for money under Osmoflo’s oversight."   Osmoflo is an Australian-headquartered designer, builder and operator of advanced water filtration and desalination systems, with regional offices in the Middle East (Dubai) and India (Pune). It provides reliable, high quality and innovative water solutions specialising in membrane separation technologies including micro and ultra-filtration, reverse osmosis, ion exchange, elctro-deionistaion (EDI), and membrane bioreactors, as well as its patented brine-minimisation technology, Osmoflo Brine Squeezer. For more information on Osmoflo and any additional information on its ISO 55001 certified Asset Management capabilities please visit www.osmoflo.com Costa Group water project awarded to Osmoflo 2021-02-23T04:25:37Z costa-group-water-project-awarded-to-osmoflo Osmoflo has been awarded the contract for the delivery of a permanent Ultra-Filtration water treatment plant for Costa Group, in Guyra NSW.  Costa Group supply premium glasshouse tomatoes from this site on the New England tablelands, near Armidale in NSW, in the snacking, specialty, cocktail and large truss segments, via all major and independent supermarkets and green grocers. Guyra glasshouses have 302,400 square metres (30.22ha) of growing area (approximately 12 AFL football fields) and at peak production hold more than one million plants.  Several years ago, Osmoflo supplied a brackish water reverse osmosis (RO) plant to provide better quality, lower salinity water to assist with production and to enable the facility to become more water efficient overall.  In order to protect the RO membranes from fouling, suspended solids must be removed, and a rental Ultrafiltration system was supplied, initially to demonstrate the advantages of enhanced pre-treatment. The rental water treatment plant has performed well demonstrating a significant reduction in fouling and load on the downstream RO system. Based on this, Costa Group requested a permanent solution fully capable of meeting the downstream RO feed requirements.  The new supply contract involves the delivery of a skid mounted 1,600 kLD Ultra Filtration water treatment plant complete with chemical dosing, and backwash system. This unit will replace the existing Osmoflo rental equipment on site. Osmoflo’s Chief Operating Officer, Carmine Ciccocioppo states “Osmoflo are very pleased to be assisting one of our local Aussie food growers with their climate change initiatives and environmental innovations with regards to their on-site water needs.”  Osmoflo’s remote monitoring capabilities and on-site services will also be provided to assist in ongoing optimisation and to increase reliability and availability of the water treatment plant.  “Reverse osmosis is a key way in which Costa is able to improve the sustainability of our water use and ensure we can efficiently produce tomatoes year-round.  Osmoflo has provided us with an RO solution that allows us to meet our water use objectives in both and economically and environmentally responsible way.  We look forward to continuing to work closely with them over the years ahead,” said Peter Davis, State Manager, Costa Tomato Category. https://www.osmoflo.com/en/news-desalination/Costa-Group-water-project-awarded-to-Osmoflo/?year=2020&type=0 The Crosby Group invests in Verton Technologies 2021-02-15T05:26:57Z the-crosby-group-invests-in-verton-technologies The Crosby Group, a global leader in lifting, rigging, and load securement hardware, today announced that it has completed a significant investment in Verton Technologies (“Verton”). Australian-based Verton has developed and commercialised disruptive advancements in load orientation technology that remove the need for human held tag lines in lifting applications. These innovations play a critical role in improving the safety and productivity of global lifting operations. The Crosby Group and Verton will collaborate in the market to accelerate the adoption of this game-changing load orientation technology. By leveraging The Crosby Group’s global footprint, Verton will bring an elevated level of safety to an increasing number of workers. Robert Desel, CEO of The Crosby Group, said: “We are thrilled to partner with Verton in this rapidly growing space. This investment is a perfect strategic fit due to our common end-user base and our shared values of safety, reliability and innovation.” Verton’s solutions include Everest 6, a 20-ton load orienting spreader beam, Everest 30, a modular load orienting system for a broad range of working load limits, and Windmaster, a load orientation device for wind turbine erection. Trevor Bourne, CEO for Verton added: “With this new partnership Verton can dramatically increase the pace of innovation and the penetration of our products in the market. As a global leader with strong brand recognition, The Crosby Group creates an exciting platform for Verton’s future.” This marks The Crosby Group’s fourth transaction in the past 24 months including the acquisitions of Straightpoint, Gunnebo Industries and Feubo. About The Crosby Group The Crosby Group is a global leader in the innovation, manufacturing and distribution of products and services used to make lifting and load securement safer and more efficient, with premier brands such as Crosby, Gunnebo Industries, Crosby Straightpoint, Acco, McKissick, Crosby Feubo, Trawlex, Lebus, and CrosbyIP. With global engineering, manufacturing, distribution and operations, the company provides a broad range of products and solutions for the most demanding applications with uncompromising quality that exceed industry standards. www.thecrosbygroup.com About Verton Verton is an innovative technology firm and inventor of the world’s first remote-controlled load orientation system. This revolutionary system makes taglines obsolete, removing the need for workers to be near moving or suspended loads, keeping them out of harm’s way. Verton’s range of lifting products also integrate smart technology to facilitate more precise load placement, faster task turnover, and superior analysis and oversight of operations. The technology will greatly benefit lifting operations by moving towards `hands free` lifting and keep workers clear of potentially high-risk zones. www.verton.com.au Coupa Business Spend Index Reveals that Business Spend Sentiment is Gradually Improving for Third Consecutive Quarter 2021-02-09T23:40:07Z coupa-business-spend-index-reveals-that-business-spend-sentiment-is-gradually-improving-for-third-consecutive-quarter SYDNEY 10 FEB, 2021 – Coupa Software (NASDAQ: COUP) has published the findings from its Business Spend Index (BSI), Q1 2021 Outlook. The Coupa BSI analyses billions of dollars of aggregated and anonymised business spend decisions across Coupa’s platform, often serving as an early indicator of macroeconomic health over the next three to six months. The Q1 Outlook shows that business spend sentiment is gradually improving (an increase of 2.9 percent), but is still below trend. Data from the past quarter shows the following year-over-year changes in business spending:96 percent decrease in business spending on air travel25 percent decrease in business spending on office supplies11.5 percent increase in business spending on technology, including hardware, software, and services22.8 percent increase in contingent workforce spend12.3 percent increase in business spending for shipping and freight “While the Coupa BSI Q1 2021 Outlook shows modest improvement overall, a return to trend is unlikely until the number of new COVID cases reported daily has been significantly reduced,” said Jeff Collins, chief economist at Coupa. “Although government action to combat the economic consequences of the pandemic has likely mitigated the depth of the downturn, we do not expect the U.S. economy to return to ‘normal’ levels of output or employment in the next three to six months.” Spend Sentiment by Vertical Industry:Financial Services: Although below trend for the last four quarters, the sector is improving bolstered by refinancing activity, stimulative fiscal policy, and continued accommodative monetary policy by the Federal Reserve. Improved spend sentiment for Financial Services implies the sector is expected to contribute more positively to U.S. GDP growth for the next three to six months. Health and Life Sciences: Spend sentiment for Health and Life Sciences declined sharply from the previous quarter. The sector has been hard hit by the resurgence of COVID-19 cases and is expected to remain below trend for the next three to six months. High Tech: Confidence in the tech sector, which has remained high throughout the pandemic, is now returning to trend. Companies in this sector are expected to benefit long-term from changes brought about by the pandemic and continue to contribute positively to U.S. GDP growth for the next three to six months. Manufacturing: Spend sentiment for Manufacturing rebounded, but is still well below the trend line. Demand is expected to increase as vaccinations and warmer weather reduce the negative impact of the pandemic on the sector. Retail: The Retail sector continues to improve but is still below trend, as uncertainty caused by layoffs and business shutdowns persist. However, stimulus checks and low interest rates are expected to mitigate the impact of the pandemic in the months to come. To view the Coupa BSI Q1 2021 Outlook in its entirety, visit www.spendindex.com.Disclaimer: The findings of the BSI are not necessarily indicative of trends happening with Coupa's business. The Coupa BSI MethodologyThe Coupa BSI is an early indicator of potential economic growth based on current business spending decisions of hundreds of U.S. companies. It analyses billions of dollars of anonymised transactions from the Coupa BSM Platform, which has cumulatively processed over $2 trillion in business spend, to measure confidence around U.S. economic growth at an aggregate level, as well as an industry level within financial services, health and life sciences, high tech, manufacturing, and retail. The index is based on three key measurements related to business spend: (1) spend volume, (2) average time to approve spend decisions, and (3) average rate of spend approval/rejection. The Coupa BSI is normalised to a baseline value of 100, which represents the weighted composite value of the three components in the baseline reference period (July 2016). The weighting methodology is periodically updated based on recalibration of the model. This was most recently done for Q4 2020. ICS vulnerabilities increased in second half of 2020 as gaps in remote work expand attack surfaces 2021-02-04T23:32:05Z ics-vulnerabilities-increased-in-second-half-of-2020-as-gaps-in-remote-work-expand-attack-surfaces Throughout the second half (2H) of 2020, 71% of industrial control system (ICS) vulnerabilities disclosed were remotely exploitable through network attack vectors, according to the second Biannual ICS Risk & Vulnerability Report released today by Claroty, the industrial cybersecurity company. The report also revealed a 25% increase in ICS vulnerabilities disclosed compared to 2019, as well as a 33% increase from 1H 2020.The report comprises the Claroty Research Team’s discoveries alongside trusted open sources, including the National Vulnerability Database (NVD), the Industrial Control Systems Cyber Emergency Response Team (ICS-CERT), CERT@VDE, MITRE, and industrial automation vendors Schneider Electric and Siemens. During 2H 2020, 449 vulnerabilities affecting ICS products from 59 vendors were disclosed. Of those, 70% were assigned high or critical Common Vulnerability Scoring System (CVSS) scores, and 76% do not require authentication for exploitation. “The accelerated convergence of IT and OT networks due to digital transformation enhances the efficiency of ICS processes, but also increases the attack surface available to adversaries,” said Amir Preminger, vice president of research at Claroty. “Nation-state actors are clearly looking at many aspects of the network perimeter to exploit, and cybercriminals are also focusing specifically on ICS processes, which emphasises the need for security technologies such as network-based detection and secure remote access in industrial environments. It is heartening to see a growing interest in ICS within the security research community, as we must shine a brighter light on these vulnerabilities in order to keep threats at arm’s length.” Vulnerabilities on the rise in critical manufacturing, energy, and water and wastewater sectorsThe critical manufacturing, energy, water and wastewater, and commercial facilities sectors—all designated as critical infrastructure sectors—were by far the most impacted by vulnerabilities disclosed during 2H 2020 and shows increases from the previous two years across the board: Critical manufacturing increased 15% from 2H 2019 and 66% from 2H 2018Energy increased 8% from 2H 2019 and 74% from 2H 2018Water and wastewater increased 54% from 2H 2019 and 63% from 2H 2018Commercial facilities increased 14% from 2H 2019 and 140% from 2H 2018 Assessment of ICS vulnerabilities sees growth in third-party researchers The number of ICS vulnerabilities disclosed in 2020 increased by more than 30% compared to 2018 and nearly 25% compared to 2019. Two factors contribute to this spike in recent years: a heightened awareness of the risks posed by ICS vulnerabilities, and researchers and vendors increasingly focused on identifying and remediating security flaws as effectively and efficiently as possible. This growth indicates security research focused on ICS products is maturing. Third-party researchers were responsible for 61% of discoveries, many of which were cybersecurity companies. This signals a change in focus to include ICS alongside IT security research, which is further evidence of the accelerated convergence between IT and OT. Among all third-party discoveries, 22 reported their first disclosures, a positive sign of growth in the ICS vulnerability research market. The Claroty Research Team discovered and disclosed 41 vulnerabilities during 2H 2020, affecting 14 vendors. These represent the direction and core objectives of the team’s research focus. Overall, Claroty researchers have found and disclosed more than 70 ICS vulnerabilities to date. To access the complete set of findings, in-depth analysis, and additional steps to defend against improper access and risks, download the Claroty Biannual ICS Risk & Vulnerability Report: 2H 2020. AcknowledgementsThe primary author of this report is Chen Fradkin, security researcher at Claroty. Contributors include: Rotem Mesika, security research team lead at Claroty, Nadav Erez, director of innovation, Sharon Brizinov, vulnerability research team leader, and Amir Preminger, vice president of research at Claroty. Special thanks to the entire Claroty Research Team for providing exceptional support to various aspects of this report and research efforts that fueled it.About ClarotyClaroty is the industrial cybersecurity company. Trusted by the world’s largest enterprises, Claroty helps customers reveal, protect, and manage their OT, IoT, and IIoT assets. The company’s comprehensive platform connects seamlessly with customers’ existing infrastructure and programs while providing a full range of industrial cybersecurity controls for visibility, threat detection, risk and vulnerability management, and secure remote access—all with a significantly reduced total cost of ownership. Claroty is backed and adopted by leading industrial automation vendors, with an expansive partner ecosystem and award-winning research team. The company is headquartered in New York City and has a presence in Europe, Asia-Pacific, and Latin America, and deployments on all seven continents.To learn more, visit www.claroty.com. DNA connects with CyberArk 2021-01-28T20:40:18Z dna-connects-with-cyberark DNA Connect is one of Australia's leading specialist distributors with over 25 years of experience distributing security, analytics and infrastructure technologies to the IT and OT markets. DNA Connect today announced a distribution agreement to provide CyberArk’s SaaS-based privileged access management (PAM) portfolio to Australian value-added resellers and security practices. CyberArk will be DNA Connect’s sole PAM-focused vendor. CyberArk is the global leader in PAM, a critical layer of IT security to protect data, infrastructure and assets across cloud and hybrid environments, at the endpoint, and throughout the DevOps pipeline. CyberArk delivers the only modern identity platform with a security-first approach, and is known as the market share leader and #1 vendor in the PAM space. “CyberArk has the industry’s most complete solution to reduce risk created by privileged credentials and secrets – we’re excited about the opportunities this will provide to our partners”, said Munsoor Khan, Executive Director at DNA Connect. “The range of value-add services DNA Connect offer CyberArk is expansive and unique in Australia,” said Bruce Nixon, Partner Manager Lead A/NZ at CyberArk, “DNA’s experience in enabling the channel for new technologies - and especially their capability in helping software vendors move to a subscription/cloud-first model - is impressive” “We also value DNA’s investment in technical expertise and the pre-sales assistance they are able to provide partners. This will be essential as organisations continue to prioritise PAM investment as critical to their security strategies.” continued Nixon. DNA will focus primarily on CyberArk’s SaaS portfolio, concentrating especially on Australian security practices and partners that are working with customers on their digital transformation journey. About DNA Connect DNA Connect is one of Australia's leading specialist distributors with over 25 years of experience distributing security, analytics and infrastructure technologies for IT and OT markets. Our expansive, agile customer-first culture and outstanding technical expertise not only makes us a great company to work in, but also to work with. Star Scientific Limited’s cutting-edge hydrogen innovation to help drive Philippines sustainable economic development 2021-01-28T20:16:37Z star-scientific-limiteds-cutting-edge-hydrogen-innovation-to-help-drive-philippines-sustainable-economic-development (Sydney, Australia) Leading hydrogen research, development and deployment company, Star Scientific Limited, has signed a Memorandum of Understanding (MoU) with the Department of Energy of the Republic of the Philippines to help drive the country’s energy self-sufficiency and economic development through green hydrogen as a fuel source. At the heart of the MOU is Star Scientific Limited’s breakthrough technology, the Hydrogen Energy Release Optimizer or HERO®. The S&P Platts award-winning HERO® technology is a true catalyst that converts hydrogen and oxygen into heat and water, without degrading the catalyst. There is no combustion, and the only outputs are heat and pure water. The HERO® can generate temperatures beyond 700 degrees Celsius in just over three minutes, and it is being used as the heat source in the HERO® heat exchanger system. For the Philippines, which is largely reliant on imported fossil fuels, HERO® heralds the hydrogen revolution and provides an opportunity for energy as well as water security and self-sufficiency in an environmentally sustainable and responsible way. The objectives of the MoU will see Star Scientific Limited and the Department of Energy of the Republic of the Philippines to study retro-fitting existing coal-fired power plants to run on the HERO® system powered by green hydrogen. They will also work together to explore the utilization of green hydrogen production in the Philippines using an abundance of offshore wind resources. Additionally, the parties will investigate decentralised scalable power systems for all of the Philippines’ inhabited islands utilising green hydrogen, HERO® and the new breed of supercritical CO2 turbines. The parties also aim to use the HERO® system for decentralised desalination of ocean water. The aim of the working relationship is to bring abundant clean energy and desalinated water to the people of the Philippines. Additionally, the Philippines will have the opportunity to offer global companies zero emissions manufacturing capability. As part of the MoU, the Star Group will assist the Philippine Department of Energy with the development and implementation of funding models to attract global financing for the different aspects of all the projects as they develop. Global Group Chairman of Star Scientific Limited, Andrew Horvath, said he was proud that an Australian innovation had captured the attention of a national government that wanted to drive its economic development through an environmentally sustainable energy source for power generation and water desalination. “This agreement with the Department of Energy of the Republic of the Philippines represents a significant milestone in the development of the global hydrogen economy. Thanks to this bold and visionary step by the Philippines, we can begin to see the reality of whole economies turning over to hydrogen and a rapid acceleration to sustainable energy on a global scale. This is just the start,” Mr Horvath said. “This will represent the largest single boost to Australia’s role in developing the global hydrogen economy, heralding a new era of research, development and deployment in the manufacture and installation of all parts of the hydrogen supply chain. We are particularly grateful and excited to be part of the next phase of the Philippines’ economic growth.” ENDS About Star Scientific Limited Star Scientific Limited is a leading hydrogen research, development and deployment company based in Australia, with a global reach and scope. Star Scientific Limited discovered and developed a breakthrough technology for converting hydrogen into heat without combustion – the Hydrogen Energy Release Optimiser, or HERO®. HERO® is unique. It has been patented globally and has no competitor. While hydrogen - particularly green hydrogen - is enjoying significant global attention at present, there is a gap in its deployment for industrial purposes. Star Scientific Limited believes this is where HERO® will allow hydrogen to achieve its full potential, whilst simultaneously enabling supercritical CO2 turbines to also achieve their full potential. HERO®, which won the S&P Platts Global Energy Award for Emerging Technology of the Year 2020, has been designed to begin its commercial deployment through retrofitting coal-fired power stations, which will ensure the ongoing life of the industrial infrastructure associated with power generation whilst making it zero emissions. HERO® will be deployable for decentralised small-scale power solutions in remote locations or for large scale legacy power generation and industrial heat production. HERO® will also be deployable for highly efficient decentralised ocean water desalination at a large or small-scale. SugarCRM launches SugarPredict to take the guesswork out of sales with AI for all 2021-01-27T21:38:35Z sugarcrm-launches-sugarpredict-to-take-the-guesswork-out-of-sales-with-ai-for-all Cupertino, Calif. - January 28, 2021 - SugarCRM Inc., the innovator of time-aware CX, today announced the launch of SugarPredict, the first data-fuelled AI for CRM. SugarPredict delivers new levels of prediction accuracy without the time, cost, and technical expertise typically required for companies to take advantage of AI.  Fifty-two percent of sales leaders say their CRM is costing them lost revenue, according to new research from SugarCRM that examines the lack of customer visibility that plagues most companies. The quality and consistency of the data entered by CRM users can create challenges for basic AI systems. SugarPredict takes a different approach by enriching customer data with additional attributes that results in more comprehensive and consistent AI models. SugarPredict provides accurate predictions, even with limited first-party data, while diligently guarding the privacy and security of company and customer information.  "AI can solve a number of sales and marketing barriers today, putting it at the heart of CRM," said Paul Greenberg, president of the 56 Group and author of CRM at the Speed of Light. "Sales teams that lean into AI-powered CRM can take advantage of the lead insights and opportunity models that give them a significant competitive advantage." As the first of many SugarPredict-powered capabilities in Sugar Sell, the technology is being used to take the guesswork out of lead prioritisation, lead Ideal Customer Profile (ICP) alignment, and opportunity-to-close-won scoring. SugarPredict analyses historical account, deal, and company data to accurately predict which leads are most likely to become customers. Lead scoring is based on similarity to historical conversions (converted leads or closed-won opportunities), while ideal customer profile matching identifies lead that are similar to a company's past and current customer bases.  "SugarPredict helps companies replace a fragmented, out-of-date, incomplete picture with a sharply focused understanding of both their customers and business," said Craig Charlton, CEO of SugarCRM. "We've made significant product investments over the last year, to democratise AI to drive business performance and enable predictability for companies of all sizes." "Like many companies in the manufacturing business Bishop-Wisecarver is always looking for ways to work smarter and faster than the competition," said Niegel Leoncio, CRM Manager for Bishop-Wisecarver. "We are excited about the launch of SugarPredict, which places the power of AI into the hands of sales and service teams so they can drive better results and a better customer experience." SugarPredict leverages Sugar's time-aware CX platform which provides a full historical record of all change events related to customers and customer-facing processes. SugarPredict for sales force automation, marketing automation, and customer service applications is based on technology from last summer's acquisition of Node.io. SugarPredict is free for Sugar Sell customers and roll out to Sugar Market and Sugar Serve customers later this year.  Learn more about SugarPredict here.  ABOUT SUGARCRM SugarCRM's time-aware sales, marketing and service software helps companies deliver a high-definition (HD-CX) customer experience. For mid-market and enterprise companies that want a CX-driven platform, Sugar gives teams the time-aware customer data they need to achieve a clear view of the customer and reach new levels of business performance and predictability, and increase customer lifetime value.  More than 4,500 companies in 120 countries rely on SugarCRM. Based in Silicon Valley, SugarCRM is backed by Accel-KKR. Usage of FUJIFILM LTO-tape grows as new magnetic recording method is developed 2020-12-15T20:52:02Z usage-of-fujifilm-lto-tape-grows-as-new-magnetic-recording-method-is-developed Despite challenging market conditions the usage of FUJIFILM LTO tape in Australia has grown steadily over the past year as the technology behind magnetic tapes has continued to improve and become more efficient. As a result, according to Professor Shin-ichi Ohkoshi of the University of Tokyo, the latest development in magnetic tape technology will see magnetic tapes with 10 times the current capacities within five to 10 years.In the era of Big Data and the Internet of Things (IoT), data archiving is a key technology. From this viewpoint, magnetic recording tapes are actively used in cloud services and data archives for business purposes because they guarantee long-term data storage, low power consumption, and low cost. Consequently, the demand for magnetic recording tapes is growing.  Though they are slower to access than other storage devices, such as hard disk drives and solid state memory, digital tapes have very high storage densities. More information can be kept on a tape than other devices of similar sizes, and they can also be more cost effective too. So for data-intensive applications such as archives, backups and anything covered by the broad term big data, they are extremely important. And as demand for these applications increases, so does the demand for high-capacity digital tapes.Professor Shin-ichi Ohkoshi from the Department of Chemistry at the University of Tokyo and his team have developed a magnetic material which, together with a special process to access it, can offer greater storage densities than ever. The robust nature of the material means that the data would last for longer than with other mediums, and the novel process operates at low power. As an added bonus, this system would also be very cheap to run."Our new magnetic material is called epsilon iron oxide, it is particularly suitable for long-term digital storage," said Ohkoshi. "When data is written to it, the magnetic states that represent bits become resistant to external stray magnetic fields that might otherwise interfere with the data. We say it has a strong magnetic anisotropy. Of course, this feature also means that it is harder to write the data in the first place; however, we have a novel approach to that part of the process too."The recording process relies on high-frequency millimetre waves in the region of 30-300 gigahertz, or billions of cycles per second. These high frequency waves are directed at strips of epsilon iron oxide, which is an excellent absorber of such waves. When an external magnetic field is applied, the epsilon iron oxide allows its magnetic direction, which represents either a binary 1 or 0, to flip in the presence of the high-frequency waves. Once the tape has passed by the recording head where this takes place, the data is then locked into the tape until it is overwritten."This is how we overcome what is called in the data science field 'the magnetic recording trilemma,'" said Project Assistant Professor Marie Yoshikiyo, from Ohkoshi's laboratory. "The trilemma describes how, to increase storage density, you need smaller magnetic particles, but the smaller particles come with greater instability and the data can easily be lost. So we had to use more stable magnetic materials and produce an entirely new way to write to them. What surprised me was that this process could also be power efficient too."Epsilon iron oxide may also find uses beyond magnetic recording tape. The frequencies it absorbs well for recording purposes are also the frequencies that are intended for use in next-generation cellular communication technologies beyond 5G. So in the not too distant future when you are accessing a website on your 6G smartphone, both it and the data centre behind the website may very well be making use of epsilon iron oxide."We knew early on that millimetre waves should theoretically be capable of flipping magnetic poles in epsilon iron oxide. But since it's a newly observed phenomenon, we had to try various methods before finding one that worked," said Ohkoshi. "Although the experiments were very difficult and challenging, the sight of the first successful signals was incredibly moving. I anticipate we will see magnetic tapes based on our new technology with 10 times the current capacities within five to 10 years."Reference: Ohkoshi S, Yoshikiyo M, Imoto K, et al. Magnetic-Pole Flip by Millimetre Wave. Advanced Materials. n/a(n/a):2004897. doi:10.1002/adma.202004897This article has been republished from the following materials - https://www.u-tokyo.ac.jp/focus/en/press/z0508_00137.html For further information, please contact the cited source. Australian company Star Scientific breaks through as winner of S&P Global Platts Global Energy Award 2020-12-10T23:29:10Z australian-company-star-scientific-breaks-through-as-winner-of-s-p-global-platts-global-energy-award Sydney, Australia – 11 December 2020 –Australian hydrogen research and development company Star Scientific has won the 2020 Global Energy Awards’ Emerging Technology of the Year. Andrew Horvath, Global Group Chairman, Star Scientific Limited said this was a proud moment for the entire team at Star Scientific Limited who have worked passionately to develop HERO® to what it is today. We were chosen as finalists from some 300 entries from over 36 countries, acknowledged for ingenuity and commercialisation potential. The award recognises that HERO® has created its own category in the energy sector, primed to address a gap that will significantly change global hydrogen use. “Star Scientific is a proudly owned Australian company, with a global reach and aspirations. Our technology brings about a seismic shift toward hydrogen as the energy choice of the future. While green hydrogen is enjoying significant global attention at present, there is a gap in its deployment for industrial purposes. We believe this is where HERO® will emerge as the final link in the hydrogen chain. “The world is watching to see how Australia will capitalise on its unique advantages to develop a large-scale hydrogen industry. This award further highlights the global interest in Australia’s hydrogen production and use capabilities. The future for hydrogen is very exciting and we are delighted to be a part of that. “The award is a vindication of the hard work and commitment of everyone at Star Scientific Limited. From our tremendous engineering and science teams to our shareholders, finance and administration arm, everyone has worked tirelessly to progress HERO® and today we received global recognition for that work,” Horvath concluded. Martin Fraenkel, President, S&P Global Platts said, “We congratulate Star Scientific for its win of Emerging Technology of the Year. In a year that was so tumultuous, it was particularly impressive and heartening to see how this year’s group of winners re-organized around obstacles, forged ahead on ground-breaking technology, completed transformative deals and maintained focus on long-term energy sustainability. Tonight’s winners, and finalists, alike, are to be congratulated for their individual and collective accomplishments.” The S&P Global Platts Global Energy Awards is an annual award hosted by independent provider of information and benchmark prices for the commodities and energy markets, S&P Global Platts. Established in 1999, the S&P Global Platts Global Energy Awards highlight achievement in in 21 categories spanning the entire energy sector. A full list of Awards categories and list of winners is available at: https://www.spglobal.com/platts/global-energy-awards/winners ### About Star Scientific Star Scientific is a leading hydrogen research and development company based in Australia, with a global reach and scope. The company develops technologies to help businesses and governments transition to a new energy economy. Our breakthrough is the Hydrogen Energy Release Optimiser, also known as HERO®. It produces unlimited, affordable, safe and reliable energy – with zero emissions. Pacific Green Signs Joint-Venture Agreement with Amkest Group to Expand into the Kingdom of Saudi Arabia 2020-12-03T16:18:48Z pacific-green-signs-joint-venture-agreement-with-amkest-group-to-expand-into-the-kingdom-of-saudi-arabia      DOVER, DE, Dec 2, 2020 - (ACN Newswire) - Pacific Green Technologies, Inc. (the "Company" or "PGTK", (OTCQB:PGTK)) is pleased to announce that it has signed a Joint-Venture Agreement ("JV") with Amr Khashoggi Trading Company Limited ("Amkest Group") to incorporate a company in the Kingdom of Saudi Arabia for the sale of Pacific Green's environmental technologies within the region.Amkest Group, which was founded in 1983, has a 37-year history of success in Saudi Arabia developing a diverse business group, with a portfolio that includes construction material production and supply, property investment and development, and consulting and advisory services.Scott Poulter, PGTK's Chief Executive commented: "The Kingdom of Saudi Arabia, under its 'Vision 2030' strategic framework, which calls for 9.5 GW of the Kingdom's energy to be supplied through renewables by 2030, is set to undergo rapid growth, and we are very proud to partner with Amkest Group to ensure we position Pacific Green as a leader. In Amkest Group, we have aligned with an organization that brings decades of first-hand, market-specific experience and an incredible track-record of delivering industry-leading solutions across the region."Amr Khashoggi, Chairman of Amkest Group, commented: "We believe the combination of our experience and knowledge of the Saudi market, coupled with Pacific Green's portfolio of technologies and relationship with PowerChina, provides the foundation for an incredible partnership and the opportunity to offer multiple complementary technologies in this market."Scott added: "Pacific Green's technologies, particularly in the solar power, desalination and battery energy storage system (BESS) sectors, provide the perfect solution to the Kingdom's growing demand, and we are excited to leverage Amkest Group's hard-earned relationships to contribute towards the goals of Vision 2030. With the JV led by Chairman, Salman Alireza, and Managing Director, Bear Maclean, we are confident of delivering rapid growth in the whole region."Amkest Group is overseen by founder, Amr Khashoggi, who holds board positions in numerous influential companies and government bodies across the Kingdom and is currently serving as Strategic Advisor to the Kingdom's prominent new development city, King Abdullah Economic City (KAEC). Amkest Group's leadership team is led by Chief Executive Officer, Salman Alireza, whose background includes various founding, executive and director-level positions in the business development sector within the Kingdom of Saudi Arabia, in addition to an MBA from London Business School.About Pacific Green Technologies, Inc.Pacific Green Technologies Inc. is focused on addressing the world's need for cleaner and more sustainable energy. The Company's strategy is to build through organic development and acquisition, a portfolio of patented competitive, cutting-edge technologies designed to meet increasingly stringent environmental standards. For more information, visit PGTK's website: www.pacificgreentechnologies.comAbout Amr Khashoggi Trading Company Limited (Amkest Group):Amkest Group has been developing companies for nearly four decades, including Global Gypsum Company (3G), Moghrabi Decor Services (MDS) and the Qaderoon Business Disability Network. Amkest Group continues to expand its current operations and undertake new business opportunities in Saudi Arabia and the GCC region.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 ongoing effects of the pandemic on delays and orders regarding Pacific Green's technologies, potential business developments around the world and future interest in our green technologies.Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, general economic and political conditions, the continuation of the JV with Amkest Group, and the ongoing impact of the pandemic. These forward-looking statements are made as of the date of this news release, and we assume 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 we believe 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 our annual report on Form 10-K for the most recent fiscal year, our quarterly reports on Form 10-Q and other periodic reports filed from time-to-time with the Securities and Exchange Commission.Contact:Scott Poulter, Chairman & CEOPacific Green TechnologiesT: +1 (302) 601-4659SOURCE: Pacific Green Technologies, Inc. Wolff Mining continues to breaks records at BMA Saraji Mine 2020-12-03T03:44:03Z wolff-mining-continues-to-breaks-records-at-bma-saraji-mine Wolff Mining, part of the National Group is well known for their heavy earthmoving capabilities. They are a key supplier of heavy earthmoving equipment to the mining sector on a dry hire or wet hire basis, with drilling equipment and services being no exception. For the past 16 months, Wolff Mining has been assisting BHP Mitsubishi Alliance (BMA) Saraji in a sprint drilling capacity, providing drilling equipment and full contract mining services. Wolff Mining currently supplies BMA Saraji with a Cat M6420B Drill with GPS, and provides operational labour such as supervisors, drillers and fitters. The M6420B is one of Cat’s heavy duty drills designed for open pit mining, delivering reliable performance and operational safety. It is one of the favoured models by drillers around the world and encompasses leading features from the ultra-class to the mid-size rotary drill line. Some of the advanced features available include improved fuel efficiency, electro-hydraulic controls that provide increased operator safety and precision, computer controlled drilling, enhanced diagnostics and autonomous ready functions. November drilling at BMA Saraji has been undertaken in 270mm holes ranging in depth from 30m to 65+m in tertiary material. Wolff Mining recently achieved a milestone of 43,794 drilled metres (dm) for the month of November, beating the previous record of 41,500dm at BMA Saraji. “The performance of our Cat M6420B Drill has been exceptional” notes Mark Ackroyd, National Group Managing Director. “It is very rare that a drilling company exceeds 40,000dm a month, so breaking the site record of 41,500dm at BMA Saraji and setting a new record of 43,794dm for the month of November is a great achievement”. “To achieve a milestone such as this takes a highly skilled and motivated team and a high quality piece of mining machinery such as the Cat M6420B Drill. I would like to congratulate the team here at Wolff Mining for their outstanding efforts and praise the performance of the CAT Drill” says Ackroyd. “Wolff Mining has continued to grow from strength to strength, with an expanding team and a growing fleet of mining equipment. 2020 has turned out to be an interesting year full of surprises, but it’s no surprise that we have continued to grow even during these challenging times”. “Working at BMA Saraji has been a pleasure and we look forward to continuing our work within the BMA group. We are dedicated to repeating these results, pushing the boundaries of possibilities and breaking new records into the future” concludes Ackroyd. Read MoreClick here to view more news from the National Group.Media ContactsContact us for more information on this story or to arrange an interview with Mark Ackroyd, National Group Managing Director.Contact Lee Edmondson or Kain Ford, National Group Marketing Executives on marketing@national-group.co or 1300 096 618.