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Jabalpur boy wins Crimson Access Opportunity to study in Pennsylvania – Times of India

A scholarship can make a huge difference for any student aspiring to study overseas. The boy from Bhopal Vaasu Chandra, 17, got selected for the popular US Crimson Access Opportunity (CAO) scholarship, this year and is now set to fly to the US to study Artificial Intelligence (AI).

Vaasu received a $300,000 scholarship and will pursue a Bachelor of Technology in Computer Science to create useful codes in AI at Franklin and Marshall College, in Lancaster, Pennsylvania.

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"I was inclined to explore both science, technology, engineering, and math (STEM) related projects along with social sciences," says Vaasu.

No matter how much an algorithm is optimized or how fast a quantum computer processes, there is always a scope for improvement. "This is the key to innovation in technology," adds Vaasu.

"Numerous useful codes are waiting to be written, studied, and expanded to evolve the dynamic pieces of society. I am intrigued by the codes and want to spend my life exploring them extensively," he adds.

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The Observatory of Extractive Industries (OIE) Shines a Ligh… – planet.com

Observatorio de Industrias Extractivas, or the Observatory of Extractive Industries (OIE) is a research platform dedicated to providing data on mining companies and other extractive industries in Guatemala. Through an interactive map-based platform, the organization provides critical datasets and official information to help generate reports on the actions of these industries. To shed light on the mining industry, OIE uses satellite imagery to monitor Guatemalan mines over time. However, OIE realized that satellite imagery from other providers has missing data, particularly over mines of interest. To close the gap in their data, OIE turned to Planet for our transparent, high-cadence imagery.

Our most important work is acquiring, cataloging, and publishing government data in one centralized and accessible location, such that anyone can access it immediately, said Ben Chang, researcher and cartographer at OIE.

This also includes geospatial data to help understand the location and status of extractive projects. As geospatial data requires special software and certain skills to use, OIE also works to generate maps and visualizations that can be easily read and shared by anyone regardless of literacy, technical ability, or geographic information system (GIS) skills.

To help support their platform, OIE began a subscription with Planets data services last year, and Planet has been important to OIE for a few reasons, according to Ben Chang at OIE:

As such, Planet data has been crucial in a number of unique OIE projects.

Using our high cadence satellite imagery, OIE used historical data and government archives to gather information about a local mine that had generated controversy around its environmental impact near Lake Izabal. OIE observed that the mines latest designated area includes new territory, and Chang suggests that this designation may open up the region to additional adverse environmental impact.

It is important to note that this mine is not visible in some other satellite imaging platforms, said Chang, noting the need for data transparency. It is very important to us that Planet does not have this limitation.

And for another mine, OIE used Planet images to identify if a project was operating outside of its concession by overlaying government provided shapefiles outlining the shape of the area on top of Planets high quality rasters. Beyond researching the spatial boundaries around mines, OIE has also used our high-cadence data to evaluate whether the mining projects have conformed to the time periods and physical boundaries within which they can legally operate according to the Guatemalan government.

These types of insights enable OIE to share critical information to hold the government and extractive industry accountable. With Planet as a daily tool, OIE can leverage QGIS and R for all the mapping and GIS analysis work they do. It has become normal for us to keep open streaming connections to Planet Basemaps for daily use. Having access to Planet imagery takes all the guesswork out of what we are looking at, and gives us the ability to look back at any relevant dates, said Chang. It is very cool to be able to read the government documentation for any given project and see a date, and think Hey! I have a time machine! I can check [that].

Moreover, OIE is able to leverage Planets archive to visit imagery from the past decade. It also allows us to do quick and dirty comparisons to see what kind of environmental damage has been done. The fact that we can stream Planet data directly into QGIS also means that comparisons between basemaps and Ministry data are immediate and constant. The high quality also means that we can have different Basemaps loaded and do eyeball comparisons of change over time to decide whether or not there is more to look into with a project.

OIE dedicates their time and resources to providing this information freely to local communities that are affected by mining operations and disproportionately burdened by the environmental damage mining operations can cause. As computer access is difficult to obtain in the region, OIE also creates physical versions of the maps and data they collect, making this data accessible to local communities. OIE believes that a community should have the right to a full picture before deciding whether or not they want to allow a mining operation in their territory.

In response to climate change and the demand for a global energy transition, governments and industries have started to turn towards the mining of green minerals, including lithium, nickel, and copper. These minerals are rising in demand as they are used to manufacture clean energy technologies. However, OIE wants to ensure that such a demand does not lead to ecological degradation and threats to human rights and well-being along the way.

The future of the world is going to demand green transition metals and we know that means that the pressure on these communities is going to increase over time, and giving local communities free and open access to the maps and information they need to face this pressure on more equal footing is our primary objective, said Chang.

Each week, OIE shares information about important developments in the mining industry in Guatemala from their Twitter handle @oie_gt. By providing OIE with transparent satellite imagery, we are working to help them shine a light on the activity of extractive industries and promote industry accountability. We are proud to work with OIE as they support human rights and environmental protection throughout Guatemala.

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The Observatory of Extractive Industries (OIE) Shines a Ligh... - planet.com

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ERI leads the way in responsible e-waste recycling and data destruction – Business Insider Africa

Electronic waste often contains valuable commodities like gold, silver, copper, platinum, cobalt, nickel, palladium and other high-value recoverable materials. When processed in developing nations in environmentally hazardous ways which include burning of the devices rather than the recycling, many of the valuable commodities are lost and never recovered. This process creates health and environmental dangers, most notably in Ghana, which houses the largest e-waste dump in the world.

John Shegerian, Chairman and CEO of ERI, one of the world's leading IT and electronics asset disposition providers and a cybersecurity-focused hardware destruction company, knows that the irresponsible handling and disposal of e-waste will leave a massive negative impact on both our health and the environment. And could also expose the data contained in these devices to cybercriminals.

In parts of Africa lacking the essential technology or proper resources to safely dispose of electronic waste, the collected waste is burned inefficiently, leading to toxic materials seeping out into rivers, streams, and oceans where it harms the environment. Smoke plumes pollute the air and are full of toxic materials from plastics and chemicals contained in electronic devices.

"The improper disposal of e-waste in developing nations has created a global sustainability crisis, while also heavily affecting the health of the members of the community living around these areas and beyond," Shegerian stated.

Another critical concern that Shegerian points to is the vulnerability of the data contained on these discarded electronic devices.

"These devices have gigabyte after gigabyte of data on them--all of which is not being properly destroyed, which seriously endangers the privacy of individuals, businesses, and even government entities all around the world."

Rather than the devices being responsibly recycled and the data appropriately destroyed, Shegerian explains that many questionable disposal companies are more focused on quick profits and getting what immediate value they can get from the e-waste, be it the commodities or the data mining, which is often sold to the highest bidder.

In North America, Shegerian and ERI have established a model solution that may be replicated globally..

"ERI maintains and operates eight facilities in the US that are triple certified at the highest levels of environmental and data destruction standards via R2 certification, e-Steward status, and NAID AAA certification. What these designations signify is that e-waste is responsibly transferred from one point to another following strict, regularly audited standards and guidelines. It also assures users that the data collected from these devices is properly destroyed," he explained.

Another advantage of these certifications is that they act as regulating bodies, often sending out geo-tracked devices to monitor e-waste materials whereabouts and monitoring their proper processes. In other words, making sure they do not end up in a developing nation where the destruction of these devices is not properly handled.

In addition to properly recycling devices and destroying the data contained within them, ERI is also offering its clients a new proprietary software technology tool called the ESG Impact Calculator--a first-of-its-kind initiative that allows customer organizations the opportunity to radically transparently report the reduced emissions impact that responsibly recycling their devices makes on the environment. With the ERI ESG Impact Calculator, ERI's customers have a tangible tool to report back to their stakeholders and the general public on their true sustainability efforts when recycling their old electronics and destroying the data in their old hardware.

On the data protection front, ERI is providing unique peace of mind to its customers as well.

When a device is responsibly recycled, part of that process should always include complete, physical data destruction, said Shegerian. Unethical and illegal shipping of e-waste abroad has become an additional layer to the hardware security issue because it leads to the wholesale liquidation of national security and the privacy of the corporations and individuals. Recycling these devices is important, but it must be done the right way.

While the world continues to grapple with the ever-growing e-waste problem that is literally increasing by the day, ERI continues to see record growth year over year as more companies and individuals are both taking responsibility for responsibly recycling their electronics, be it for environmental, regulatory or data protection reasons. Shegerian predicts that by the end of this decade, not only will the volume of newly sold electronics set record levels, but the volume of electronics responsibly recycled will as well.

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Bitcoin Price Could Be Linked To Mining Taxes In Kazakhstan – Bitcoinist

According to a report from a local news media, the Minister of National Economy for Kazakhstan Alibek Kuantyrov wants to bound Bitcoin mining tax to the price of the underlying asset. In that way, the government official expects the country to indirectly benefit from future BTC price appreciation.

Related Reading |Will Elon Musk Accept Cardano Founders Offer To Build Decentralized Twitter?

Kuantyrov said the following about this proposals potential:

We are considering an increase in the tax burden for miners, at the moment we are also considering linking the tax rate for miners to the cost of cryptocurrency. If the cryptocurrency grows, it will be good for the budget.

The measure seems to be part of a broad national strategy to benefit from the expanding sector. The President of Kazakhstan Kassym-Jomart Tokayev appears to have ordered an increase in taxes for BTC mining as much as 10 times.

After China imposed a full-on ban on Bitcoin mining, large operations were forced to find new homes. Scrambled, miners moved to the U.S., some parts of Europe, and Chinas neighboring countries.

A lot of BTC miners moved to Kazakhstan because of its cheap energy, cold weather, and storage space for their hardware. However, Bitcoin mining operations have faced several obstacles including political turmoil and internet outages.

In a separate report for another local news media, Alan Dorjieve, Chief of the National Association of Blockchain and Data Center Industry of Kazakhstan, clarified that taxes would increase or decrease when BTCs price reached a certain threshold. He explained:

A gradation is being considered for example, up to $40,000 [the price of bitcoin] one tax, over $40,000 another tax, and so on. But its still up for discussion.

As the local new media added, BTC miners in Kazakhstan were disconnected from the national power grid back in January 2022. According to the government official, miners continue to be locked out of the grid.

The proposed tax for Bitcoin mining operations in this country could prove unsustainable for miners. However, it could be a short-term solution that enables these entities to return back online.

The country has gone from being a profitable investment for early BTC miners to an operational nightmare. According to Wired, in January 2022 most miners in Kazakhstan were at a loss.

Data from Arcane Research recorded as much as $4.8 million in losses every hour that these miners remain offline. There is around 90,000 mining equipment in the country, which account for close to 8% of Kazakhstans electric capacity.

While its true that the new tax could benefit the country, it could work as the final nail in a series of events that could trigger another great BTC mining exodus. Remains to be seen if the market will negatively respond to this event, as it did back in 2021.

Related Reading |The Shanghai Tragedy Reminds Us Why China Banned Bitcoin

At the time of writing, BTCs price trades at $40,200 with sideways movement over the past few days.

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Bitcoin Price Could Be Linked To Mining Taxes In Kazakhstan - Bitcoinist

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An exploration of new methods for metabolic syndrome examination by infrared thermography and knowledge mining | Scientific Reports – Nature.com

Study design

The design of this study is shown in Fig.1, including general information, pretreatments, knowledge mining, and results. After the participant IRT data is preprocessed, the image can be segmented into ROI sets. After the temperature characteristics in the ROI are granulated, the knowledge graph can be generated through APOS. After the knowledge mining of the control group and the MS group, the skin temperature distribution of the two groups can be obtained, and finally the mining results are verified by statistical methods. This research passed the review of the Ethics Committee of Dongzhimen Hospital in Beijing University of Chinese Medicine (No. DZMEC-KY-2020-102), and conducted in accordance with the Declaration of Helsinki.

The design of this study.

Participants in this study came from the Physical Examination Center of the International Department of Dongzhimen Hospital, Beijing University of Chinese Medicine, and all participants signed the informed consent form. Participants did not receive any financial incentive during the trial, but all examinations were free of charge.

The diagnostic of the participant should comply with MS diagnostic standards (Detailed diagnostic criteria are written in the supplementary materials section1);

The age of the participant was greater than 18years old;

The participant agreed to participate in this study.

Women during pregnancy or lactation;

Those with a history of cardiovascular and cerebrovascular diseases, severe liver and kidney insufficiency, blood diseases, severe trauma or major surgery;

Diseases with metabolic abnormalities as the main manifestation, such as hyperthyroidism, hypothyroidism, acute thyroiditis, hypovolemia, etc.;

Participants have obvious allergic rash on the skin;

Those who have a history of mental illness or who do not agree to participate in this research.

Due to the high sensitivity of IRT to temperature, it is prone to interference during data acquisition. This study refers to the consensus statement on human skin temperature measurement proposed in the literature14.

The individual data of all participants were recorded in the data table;

Participants had no alcohol, smoking, caffeine, large meals, ointments, cosmetics, and showers in the four hours before the images were collected;

Participants did not exercise vigorously within two hours before the image was collected;

The ambient temperature was 251, and the relative humidity of the air was 4050%;

There was no interfering heat source in the IRT field of view, and no obvious air flow;

The equipment is HIR-2000A cabin type IRT produced by Beijing Yuetian Optoelectronics Technology Co., Ltd. The thermal sensitivity was 0.05 at 30, the spectral range was 7.513m, the image pixel size was 256336, the spatial resolution was 0.9mrad, and the acquisition frequency was 9Hz.

The IRT collection environment is a thermostatic chamber, and all participants are in the same space to ensure that the environmental baseline is consistent;

Power on the equipment half an hour before data collection to keep the equipment in a steady state;

The vertical distance between the participant and the lens is 2.5m;

The center line of the lens field of view is perpendicular to the human body through the liftable pan/tilt;

The emissivity of the detector was set to 0.98 (default);

The time for all participants to collect images is 9:0011:00 am;

All participants maintained the same standing posture, with their arms drooping naturally, palms forward, arms and legs slightly extended;

Before collecting images, participants remove their clothes and accessories, and rest for 15min in the thermostatic chamber;

The IRT data processing software is independently developed by our team. The data save format is a *.dat file, which contains all the temperature values of any space coordinates in the field of view, and is filled in a 16-bit integer data format.

The preprocessing include the background filtering method and the ROI segmentation method based on anchor point positioning. The purpose of background filtering is to filter out all the temperature information except the human body information in the image, so as to facilitate the automatic calculation of boundary coordinates during the ROI segmentation process. The purpose of ROI segmentation is to obtain the sub-domain information of the human skin temperature distribution, which is convenient to find the different regions of different groups of people through the method of knowledge mining.

IRT is a pseudo-color image, and the color channel of the image can be changed by adjusting the temperature forming width (tfw), temperature forming starting point (tfs), and palette15. Therefore, the conventional background filtering method based on color channels is not suitable for processing IRT.

This paper proposes a bimodal background filtering method based on the temperature field distribution, which can filter IRT background succinctly and quickly, and retain the effective data of human skin IRT. The flow chart of the algorithm is shown in Fig.2, and the specific operation flow is shown as follows:

Extracting the IRT temperature field data to be processed as input;

Calculating the distribution frequency of each temperature value in the field and drawing a curve;

Performing gaussian smooth filtering on the curve, and seting the operator size to 5;

Detecting and locating the first two peaks of the processed curve;

Calculating the median between the two peaks as the threshold to segment the image background.

Flow chart of bimodal background filtering method.

The purpose of this study is to explore the rule of skin temperature distribution on different parts, but there are individual differences in the participants on height and weight, and it is difficult to perform rapid segmentation through image processing. A semi-automatic region segmentation method based on anchor marking was proposed in this study. This process required the operator to manually mark the anchor points, and then generate ROI through mathematical calculation and image processing to complete the image segmentation.

Determining the measurement targets are the premise of segmenting the ROI of the people IRT. In this study, the human image was divided into 18 ROI of symmetry according to the midline, and corresponding to 12 anchor points, as shown in Fig.3. Each anchor point corresponds to the body surface marking part of the participant as shown in Table 1. According to the information of 12 anchor points, the vertices of each ROI can be quickly calculated. The comparison relationship between ROI labels and anchor points is shown in Table 2.

The region segmentation target.

After background segmentation, the background had been set to 0C, so the boundaries of each ROI could be found through row and column traversal according to the anchor points. The circumscribed quadrilateral area of the target region could be extracted, and the background information contained in the quadrilateral could be excluded through later calculation. The key to the extraction of the quadrilateral region is the acquisition of the coordinates of its four vertices. Different regions have different calculation methods. The ROI vertex coordinates are mainly calculated based on the same-size scale.The specific calculation method can be found in the supplementary materials section2.

APOS is proposed on the basis of order theory, granular computing, and formal concept analysis. Its main purpose is to visually analyze and mine the knowledge structure between attributes and objects in data tables16. The generation principle of APOS as follows:

The attribute nodes with more coverage objects are higher in the hierarchy, and the attribute nodes with fewer coverage objects are lower in the hierarchy;

The same or similar objects are close to each other, and different objects are far away from each other;

The higher-level attribute nodes are more universal and the lower-level attribute nodes are more specific;

Each branch is a collection of attributes of an object.

This article does not give a detailed introduction to the specific generation method. The supplementary material provides a simple explanation of the method through a simple example (section3). For the specific generation code, please refer to the literature17,18.

The formal background is a binarized NS data table composed of attributes and objects. Each object corresponds to N attributes, and each attribute corresponds to S objects. The formal background also is a binary data table, and the generation of APOS is based on the table. Therefore, how to transform the image features of the IRT into the formal background, will be the key point to this research.

This paper proposed a regional feature granulation method based on K-Means.The flow chart is shown in Fig.4. The core idea of this method was to cluster the ROI data into three types: high temperature, medium temperature, and low temperature, and then distinguish the high and low temperature according to the clustering results and the temperature features of all ROI. A formal background with two attributes of high temperature and low temperature should be generated in each ROI.

Flow chart of data granulation.

K-Means is a commonly used unsupervised clustering algorithm, which has obvious advantages, but also has disadvantages, such as: sensitivity to noise and discrete points; the hyperparameter K must be determined in advance; if the center point is initialized randomly, each clustering result is inconsistent19. Therefore, the design goal of this algorithm is to reduce the impact of the above disadvantages of the clustering results as much as possible.

Different tfw and tfs can show the same data as different images. The difference in the discrete points of the image is particularly obvious, which has a great impact on the clustering of K-Means. Therefore, the drawing rule should be standardized, and the parameters of all ROI of each participant must be consistent. To solve this problem, this paper proposed an adaptive image adjustment method, which was based on temperature data. The tfw usually be set to 10 in medical IRT research15, and in this study, tfw was initialized to 10, and tfs was set to the difference between the maximum temperature and tfw. At the same time, the grayscale of the standardized image could further reduce the impact of the palette on the data and reduce the computational complexity.

The goal of the algorithm is to extract the high-temperature attribute and the low-temperature attribute in the ROI. As some of the extracted ROI contain background data, but some do not. The background has an influence on the number of classifications, when there was background data in the ROI, the super parameter K was set to 4, otherwise the K was set to 3, which could solve the problem of preset K in the K-Means algorithm.

The random center point method is often used in the initialization of K-Means, but this method may result in inconsistent clustering results each time, and the robustness is poor. In order to solve this problem, this study can initialize the center point according to the distribution features of IRT temperature data to ensure the consistency of the clustering results of all ROI in the same image. When K was 4, the four center points were set to 0, non-zero minimum value, non-zero average value, and non-zero maximum value, and when K was 3, the three center points were set to the minimum, average and maximum value. This method directly enhances the robustness of the algorithm.

After K-Means clustering, each ROI can be divided into four clusters: high temperature, medium temperature, low temperature and background. When the temperature of the high-temperature cluster in the ROI was higher than the average of the high-temperature clusters in all regions, it means that the high-temperature attribute in the region was dominant. Similarly, whether the low-temperature attribute was dominant could also be judged. This is the process of converting the image data into qualitative data. The specific discriminant arithmetic model is shown in formula (1):

$$ left{ begin{gathered} ROI{ - }L = 1;{text{else }};{0},;min (T_{roi} ) le overline{{T_{min} }} hfill \ ROI{ - }H = 1;{text{else}};{ 0},;max (T_{roi} ) ge overline{{T_{max} }} hfill \ end{gathered} right. $$

(1)

where ROI-L represents the low-temperature attribute of the ROI, ROI-H represents the high-temperature attributeof the ROI region, Troi represents the average temperature set of the non-zero clusters obtained by K-Means of the target region, (overline{{T_{min} }}) represents the average temperature of the smallest non-zero cluster in all ROI of the whole body, and (overline{{T_{max} }}) represents the average temperature of the largest cluster in all ROIs of the whole body.

The human IRT segmentation method described in section2.3 was used to divide the image into 18 ROI. Combined with the data granulation method, 18 ROI could be granulated into 218 attribute sets, where each ROI corresponded to two attributes of ROI-L and ROI-H. The two formal backgrounds of this study would be constructed corresponding to the control group and the MS group, with the same number of data objects and the same scale of knowledge graph, and the qualitative description of the IRT image can be realized, and a knowledge graph can be constructed to facilitate subsequent knowledge mining.

Continuous variables are expressed as the mean (standard deviation), and categorical variables are expressed as numbers and percentages.The continuous variables of baseline characteristics were evaluated with ANOVA, and the categorical variables were evaluated with 2 test. For the characteristics of the target area obtained through knowledge mining were evaluated with independent-samples T test. Analyses were performed with SPSS (IBM SPSS Statistics, New York) Version 26 with P<0.05 considered significant.

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Man targeted Treasure Coast girls for sex using Snapchat, sheriff’s office says – WPTV News Channel 5 West Palm

MARTIN COUNTY, Fla. A man who authorities said targeted underage Treasure Coast girls for sex using the social media app Snapchat has been arrested on the west coast of Florida.

The Martin County Sheriff's Office said Blaine Korbin Hulten, 21, was captured by the U.S. Marshals Fugitive Task Force in Pinellas County on Thursday morning.

The sheriff's office said Hulten whose address is listed as Largo, Florida fled Martin County after learning that detectives were investigating his social media activity.

According to the sheriff's office, a Martin County school resource deputy learned that Hulten was taking underage girls to the mall to buy underwear. That deputy alerted the Martin County Sheriff's Office's Criminal Investigations Division, which started looking into the claims.

Detectives believe Hulten targeted multiple Treasure Coast girls using Snapchat going as far back as January using the profile names Blainefirerx, firex1, and cstripe623.

In addition, the sheriff's office said Hulten had sexual contact with two Treasure Coast girls, one as young as 13.

MCSO Chief Deputy John Budensiek said Hulten met those girls at Langford Park in Jensen Beach, then started communicating with them on Snapchat.

"At some point, had a relationship with both of them, it looks like that this point, and recorded the interactions that he had," Budensiek said.

WPTV

Hulten is under arrest for lewd and lascivious battery, as well as at least 40 more charges including transmitting harmful material, production of child pornography, solicitation, and traveling to meet a minor.

"It's scary to think that there's people like that," Budensiek said. "Complete disregard for the law. Really acting out in the open for anybody for see, including our detectives."

The Martin County Sheriff's Office said it's possible there may be more victims. If you or your children have had any contact with Hulten, call the MCSO's Criminal Investigations Division at 772-220-7060.

"We have gone through his information. Our detectives are still mining, data mining his cell phone information," Budensiek said. "We believe there's at least six victims total."

The Martin County School District shared word of Hulten's arrest on Facebook, urging families to "continue speaking with your children about practicing safe habits when using social media."

Hulten was in the Pinellas County Jail on $5 million bond, but was brought back to Martin County Thursday night.

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This WordPress plugin protects the emails displayed on your website – TechRepublic

Cybersecurity is more important than ever. Safeguard data from web trawling with this WordPress plugin.

Cybercriminals use many different persuasion tactics to achieve their nefarious goals. While you may want to showcase testimonials about the quality of your products on your website, cybercriminals see that as low-hanging fruit for stealing email addresses and personal information from you, your employees and your customers. Dont let it happen.

The Email Protection WordPress Plugin is a simple tool to protect the email addresses displayed on your website from detection and capture by web crawlers. You can still display email addresses according to custom preferences, with control over fonts, colors and more, but youll ensure that criminal data mining misses those emails when trawling the web.

The WordPress plugin installs in just a few clicks, and its easy to configure without any prior technical skills. The plugin ensures that no email addresses appear in the source code of your webpages by converting addresses into clickable images that open an email client when clicked.

After this WordPress plugin is installed, you can create shortcodes with configurable options to protect your websites emails as quickly as possible so that customers can reach the right people without putting any email addresses at risk. You can also swiftly export and import settings between websites, making it easy to transfer settings across all of your web addresses.

Make sure any email address displayed on your site is protected from detection. Right now, you can get the Email Protection WordPress Plugin for 10 websites for just $19.99 (79% off $97).

Prices are subject to change.

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Process Mining Comes to the Surface – RTInsights

Businesses need real-time insights to help executives understand and improve the execution of a complex web of processes.

Businesses are flying blind, a recent survey reveals. With the rise of digital channels and intelligent networks, many of their key processes on which they depend for delivery of services and products are simply out of sight. Visibility is hindered by the complexity of multiple systems and processes. Sixteen percent of businesses say they have complete visibility into their processes. And only a handful, seven percent, report complete, real-time process visibility. This is driving a need for process mining.

The findings stem from a Forrester Consulting survey of 800 executives commissioned by Celonis. Process data can be buried under the complexity of todays IT operations, with precious little visibility to understand where bottlenecks or other issues are arising. For example, the survey shows, 71% of businesses use ten or more applications to execute a single process, and 72% still use manual methods that limit process visibility.

Organizations have historically struggled to develop, document and track processes, but on top of this, companies now wrestle with challenges such as inflation, supply chain disruptions and hybrid system environments, making process visibility even more critical now. Only 56% of decision-makers feel theyre able to incorporate all systems involved into their departments processes to create an end-to-end view of those processes. Almost half of the survey participants, 44%, said they are spending more due to lack of process insights.

Real-time process visibility via process mining is a necessity in todays disruptive economy. Imagine if Uber took more than a day to process requests, the studys authors suggest. Yet, 53% of businesses report using process visibility data that is more than one day old. Only 12% of businesses report using process visibility data that is greater than one minute but less than 10 minutes old.

Needed are greater real-time insights to help executives understand and improve the execution of a complex web of processes. These include supply chain and customer service processes that function across a vast range of systems, such as ERP, supply chain management, and IT service management. The findings also show a range of business issues that are created when companies lack insights into how their processes are executing including increased cost, decreased efficiency, missed new business opportunities, lower productivity, high employee turnover rates, missed KPIs, loss of revenue, lower customer and employee satisfaction as well as loss of strategic vision.

See also: Balancing the Utility of Process Mining and Privacy Rights

The surveys authors offer the following suggestions:

Identify processes to track and baseline before assessing which to improve, or automate. Understand, reengineer, and automate processes in this order.

Invest in process skills. Emphasize an end-to-end process mindset not functions.

Combine process mining with task mining. This provides the full picture of process weak points and employee pain points from the applications theyre using along a process.

Emphasize cross-system discovery. Processes covered by a single system (such as ERP, SCM or CRM) tend to benefit less from process mining than those that span a multitude of systems.

Throwing more automation at complex processes tends to lead to disappointing results. Its important to identify process inefficiencies and gather real time understandings of their inner workings at scale, the surveys authors emphasize.

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Process Mining Comes to the Surface - RTInsights

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Voltus to Participate in the Water Tower Research Fireside Chat on April 19, 2022 – Yahoo Finance

SAN FRANCISCO & BOSTON, April 14, 2022--(BUSINESS WIRE)--Voltus, Inc. ("Voltus"), the leading distributed energy resource (DER) software platform, announced today that the company will participate in the Water Tower Research Fireside Chat Series on Tuesday, April 19, 2022, at 2:00 p.m. EDT. The event is open to the public, with registration information below.

Gregg Dixon, CEO of Voltus, will discuss how the Voltus software platform, which connects distributed energy resources to electricity markets, is helping usher in the clean energy transition by delivering less expensive, more reliable, and more sustainable electricity.

During the presentation, Gregg will answer questions and offer examples of how Voltus is working with some of the worlds largest energy consumers, like blockchain data center companies, and distributed energy resource (DER) partners, connecting all types of DERs to the grid, including electric vehicles, data mining computers, back-up power sources, and smart thermostats.

The presentation will be webcast live and available for replay by visiting the Investors section of the companys website at https://www.voltus.co/investors.

Investors and others interested in participating in this event must register using the link below.

Register for the event here.

About Voltus

Voltus is the leading software technology platform connecting distributed energy resources to electricity markets, delivering less expensive, more reliable, and more sustainable electricity. Our commercial and industrial customers and DER partners generate cash by allowing Voltus to maximize the value of their flexible load, distributed generation, energy storage, energy efficiency, and electric vehicle resources in these markets. To learn more, visit http://www.voltus.co.

On November 30, 2021, Broadscale Acquisition Corp. ("Broadscale") (Nasdaq: SCLE) entered into a definitive agreement for a business combination with Voltus. The combined company is expected to be listed on the Nasdaq upon completion of the transaction. The transaction is expected to occur in the second quarter of 2022 and is subject to approval by Broadscale's stockholders, the registration statement being declared effective by the SEC, and other customary closing conditions.

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Forward-Looking Statements

This press release contains certain "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended (the "Securities Act"), and Section 21E of the Securities Exchange Act of 1934, as amended, including certain financial forecasts and projections. All statements other than statements of historical fact contained in this press release, including statements as to future results of operations and financial position, revenue and other metrics, planned products and services, business strategy and plans, objectives of management for future operations of Voltus market size and growth opportunities, competitive position and technological and market trends, are forward-looking statements. Some of these forward-looking statements can be identified by the use of forward-looking words, including "may," "should," "expect," "intend," "will," "estimate," "anticipate," "believe," "predict," "plan," "targets," "projects," "could," "would," "continue," "forecast" or the negatives of these terms or variations of them or similar expressions. All forward-looking statements are subject to risks, uncertainties, and other factors which could cause actual results to differ materially from those expressed or implied by such forward-looking statements. All forward-looking statements are based upon estimates, forecasts and assumptions that, while considered reasonable by Broadscale and its management, and Voltus and its management, as the case may be, are inherently uncertain and many factors may cause the actual results to differ materially from current expectations which include, but are not limited to: 1) the occurrence of any event, change or other circumstance that could give rise to the termination of the definitive merger agreement with respect to the business combination; 2) the outcome of any legal proceedings that may be instituted against Voltus, Broadscale, the combined company or others following the announcement of the business combination and any definitive agreements with respect thereto; 3) the inability to complete the business combination due to the failure to obtain approval of the stockholders of Broadscale or Voltus, or to satisfy other conditions to closing the business combination; 4) changes to the proposed structure of the business combination that may be required or appropriate as a result of applicable laws or regulations or as a condition to obtaining regulatory approval of the business combination; 5) the ability to meet Nasdaq's listing standards following the consummation of the business combination; 6) the risk that the business combination disrupts current plans and operations of Voltus as a result of the announcement and consummation of the business combination; 7) the inability to recognize the anticipated benefits of the business combination, which may be affected by, among other things, competition, the ability of the combined company to grow and manage growth profitably, maintain relationships with customers and suppliers and retain its management and key employees; 8) costs related to the business combination; 9) changes in applicable laws or regulations; 10) the possibility that Voltus or the combined company may be adversely affected by other economic, business and/or competitive factors; 11) Voltuss estimates of its financial performance; 12) the risk that the business combination may not be completed in a timely manner or at all, which may adversely affect the price of Broadscales securities; 13) the risk that the transaction may not be completed by Broadscales business combination deadline and the potential failure to obtain an extension of the business combination deadline if sought by Broadscale; 14) the impact of the novel coronavirus disease pandemic, including any mutations or variants thereof, and its effect on business and financial conditions; 15) inability to complete the PIPE investment in connection with the business combination; and 16) other risks and uncertainties set forth in the sections entitled "Risk Factors" and "Cautionary Note Regarding Forward-Looking Statements" in Broadscales registration statement on Form S-4 (File No. 333-262287), filed with the SEC on January 21, 2022 and as amended by Amendment No. 1 filed on March 18, 2022 (collectively, the "Registration Statement"), and other documents filed by Broadscale from time to time with the SEC. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Nothing in this press release should be regarded as a representation by any person that the forward-looking statements set forth herein will be achieved or that any of the contemplated results of such forward looking statements will be achieved. You should not place undue reliance on forward-looking statements, which speak only as of the date they are made. Neither Broadscale nor Voltus gives any assurance that either Broadscale or Voltus or the combined company will achieve its expected results. Neither Broadscale nor Voltus undertakes any duty to update these forward-looking statements, except as otherwise required by law.

Use of Projections

This press release may contain financial forecasts of Voltus. Neither Voltuss independent auditors, nor the independent registered public accounting firm of Broadscale, audited, reviewed, compiled or performed any procedures with respect to the projections for the purpose of their inclusion in this press release, and accordingly, neither of them expressed an opinion or provided any other form of assurance with respect thereto for the purpose of this press release. These projections should not be relied upon as being necessarily indicative of future results. The projected financial information contained in this press release constitutes forward-looking information. The assumptions and estimates underlying such projected financial information are inherently uncertain and are subject to a wide variety of significant business, economic, competitive and other risks and uncertainties that could cause actual results to differ materially from those contained in the prospective financial information. See "Forward-Looking Statements" above. Actual results may differ materially from the results contemplated by the projected financial information contained in this press release, and the inclusion of such information in this press release should not be regarded as a representation by any person that the results reflected in such projections will be achieved.

Additional Information and Where to Find It

In connection with the proposed transaction, Broadscale has filed with the U.S. Securities and Exchange Commission the Registration Statement, which included a preliminary proxy statement and a preliminary prospectus. After the Registration Statement has been declared effective, Broadscale will mail a definitive proxy statement /prospectus relating to the proposed transaction to its stockholders as of the record date established for voting on the proposed transactions. Broadscales stockholders and other interested persons are urged to carefully read the Registration Statement, including the preliminary proxy statement / preliminary prospectus, and any amendments thereto, and, when available, the definitive proxy statement/prospectus and other documents filed in connection with the proposed transaction, as these materials contain, or will contain, important information about the proposed transaction and the parties to the proposed transaction.

Broadscales stockholders and other interested persons will be able to obtain free copies of the Registration Statement, the preliminary proxy statement / preliminary prospectus, the definitive proxy statement/prospectus and all other relevant documents filed or that will be filed with the SEC, without charge, when available, at the website maintained by the SEC at http://www.sec.gov.

The documents filed by Broadscale with the SEC also may be obtained free of charge at Broadscales website at https://www.broadscalespac.com or upon written request to 1845 Walnut Street, Suite 1111, Philadelphia, PA 19103.

NEITHER THE SEC NOR ANY STATE SECURITIES REGULATORY AGENCY HAS APPROVED OR DISAPPROVED THE TRANSACTIONS DESCRIBED IN THIS PRESS RELEASE, PASSED UPON THE MERITS OR FAIRNESS OF THE BUSINESS COMBINATION OR RELATED TRANSACTIONS OR PASSED UPON THE ADEQUACY OR ACCURACY OF THE DISCLOSURE IN THIS PRESS RELEASE. ANY REPRESENTATION TO THE CONTRARY CONSTITUTES A CRIMINAL OFFENSE.

Participants in the Solicitation

Broadscale and Voltus and their respective directors and executive officers may be deemed to be participants in the solicitation of proxies from Broadscales stockholders in connection with the proposed transactions. Broadscales stockholders and other interested persons may obtain, without charge, more detailed information regarding the directors and executive officers of Broadscale listed in the Registration Statement. Information regarding the persons who may, under SEC rules, be deemed participants in the solicitation of proxies from Broadscales stockholders in connection with the proposed business combination is set forth in the Registration Statement.

No Offer or Solicitation

This press release is not intended to and does not constitute an offer to sell or the solicitation of an offer to buy, sell or solicit any securities or any proxy, vote or approval, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offer of securities shall be deemed to be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220414005575/en/

Contacts

Investor Relations Contact Voltus Sioban Hickie, ICR, Inc.Eduardo Royes, ICR, Inc.Investors@Voltus.co

Media Contact Voltus Matt Dallas, ICR, Inc.VoltusPR@icrinc.com

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China iron ore futures gain on demand recovery hopes – MINING.COM – MINING.com

The most-active iron ore futures on the Dalian Commodity Exchange, for September delivery, jumped as much as 3.9% to 925 yuan ($145.19) a tonne. They were up 2.9% to 916 yuan when market closed, logging a 0.3% dip for the week.

Spot 62% iron ore for delivery to Chinarose $1 to $153 a tonne on Thursday, data compiled by consultancy SteelHome showed.

Steelmakers are resuming production on expectation of replenishing demand in the downstream sectors, said Zhuo Guiqiu, analyst with Jinrui Capital.

Dalian coking coal futuresgained 2.8% to 3,152 yuan a tonne and coke pricesrose 1.1% to 4,217 yuan per tonne.

The countrys state planner approved 32 fixed-asset investment projects this year, totalling 520 billion yuan, and is studying plans for new policy reserve to expand investment in the manufacturing sector.

Futures prices for construction material steel rebar on the Shanghai Futures Exchange, for October delivery, ended up 1.3% to 5,049 yuan a tonne.

Hot rolled coils, used in cars and home appliances, jumped 0.9% higher to 5,198 yuan per tonne.

Apparent consumption of main steel products including the two materials in China rose 3.5% as of Thursday from the week earlier, according to Reuters calculation based on production and inventory data complied by Mysteel.

Shanghai stainless steel futuresedged 0.4% higher to 19,835 yuan a tonne.

($1 = 6.3710 Chinese yuan renminbi)

(By Min Zhang and Enrico Dela Cruz; Editing by Krishna Chandra Eluri and Uttaresh.V)

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China iron ore futures gain on demand recovery hopes - MINING.COM - MINING.com

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