Latest news with #ADVANCE
Al Etihad
27-05-2025
- Business
- Al Etihad
ENEC, GE Vernova Hitachi Nuclear Energy sign partnership during World Utilities Congress 2025
27 May 2025 13:10 ABU DHABI (ALETIHAD)The Emirates Nuclear Energy Company (ENEC) and GE Vernova Hitachi Nuclear Energy (GVH) have signed an agreement at the World Utilities Congress in Abu Dhabi to jointly evaluate the deployment of the BWRX-300 Small Modular Reactor (SMR) technology agreement enables ENEC and GE Vernova Hitachi to further cooperate following the signing of an agreement in 2023 on the sidelines of COP28 UAE to evaluate the technology as part of ENEC's ADVANCE programme for advanced nuclear technology. Nuclear energy is a crucial solution to meeting the current unprecedented demand for reliable, dispatchable, more sustainable power coming from a broad range of customers, including hyperscalers seeking to power data centres that support growth in the AI and technology agreement was signed during a private ceremony at the World Utilities Congress in Abu Dhabi, Al Hammadi, Managing Director and CEO of ENEC and Maví Zingoni, CEO of GE Vernova's Power segment, exchanged signed agreements as part of their commitment to explore opportunities for international deployment by collaborating on a development roadmap that will include site identification, licensing pathways, investment and commercialisation strategies and supply chain development. Mohamed Al Hammadi, Managing Director and CEO of ENEC, said, "As we continue to power the UAE with clean, baseload electricity around the clock, we are glad to move to the next level of cooperation with GE Vernova Hitachi to accelerate the deployment of new advanced nuclear reactor technologies in the UAE and internationally. This agreement will bring together our complementary expertise to identify a clear roadmap for deployment, which is essential to ensure safe, efficient and quality-led nuclear delivery, as we have experienced here in the UAE. As global power demand continues to grow at pace, we look forward to advancing new solutions to meet this growth in a sustainable manner."Maví Zingoni, CEO of GE Vernova's Power Businesses, said, "Small modular reactors have an essential role to play in an energy secure future, and we are pleased to advance our collaboration with ENEC as the UAE seeks to be an early mover for nuclear innovation. With construction of the first BWRX-300 moving forward in Canada, collaborating with ENEC further strengthens our ties with the UAE and ability to deliver this technology and achieve a more sustainable energy future."As developer and operator of the four-unit Barakah Nuclear Energy Plant in Abu Dhabi, ENEC brings significant expertise following the successful deployment of civil nuclear energy to power the UAE's grid, aligned to the highest standards of international quality and safety. ENEC is a member of the World Association of Nuclear Operators (WANO) Atlanta Center, and is therefore aligned on US operating standards and regulatory environment, combined with unique expertise in deployment, financing and 25 per cent of the UAE is powered by nuclear energy, with each unit of the plant brought onto the grid in a highly efficient 7.9 years. GE Vernova's Nuclear Power business, through its global alliance with Hitachi, is a world-leading provider of nuclear fuel bundles, services, and advanced nuclear reactor designs. Technologies include boiling water reactors and small modular reactors, such as the BWRX-300, which is one of the simplest, yet most innovative boiling water reactor May 8, the Province of Ontario and Ontario Power Generation (OPG) approved the deployment of the first BWRX-300 at the Darlington nuclear site in Ontario, Canada. This milestone will make the BWRX-300 the first SMR to be built in the Western world and marked a significant step forward in advancing nuclear from ENEC and GE Vernova Hitachi will now work together to evaluate and develop a comprehensive roadmap for deployment of the BWRX-300. This forms part of ENEC's ADVANCE Program, which was created to accelerate the evaluation and potential deployment of next generation nuclear technologies. Beyond the Barakah plant, ENEC is focused on identifying investment, collaboration, and deployment opportunities both in the UAE and overseas to support the rapid delivery of civil nuclear energy that can drive energy security and sustainability through the provision of clean baseload electricity. Source: Aletihad - Abu Dhabi
Yahoo
21-05-2025
- Business
- Yahoo
SAP & Accenture Unveil ADVANCE to Boost Cloud-First Transformation
SAP SE SAP recently teamed up with Accenture ACN to introduce ADVANCE, a state-of-the-art offering developed jointly to help companies with annual revenues of up to $5 billion rapidly transition to the cloud. Designed as a purpose-built suite of solutions, ADVANCE empowers high-growth organizations to become more connected by leveraging preconfigured, ready-to-consume packages. These solutions are tailored by industry and function, allowing businesses to move at speed, implementing cloud transformations in as little as six to 12 has had a long-standing partnership of more than four decades with ACN. Through this recent initiative, the joined forces have created preconfigured cloud pathways targeting mid-sized enterprises and high-growth companies. ADVANCE leverages the SAP Business Suite, integrating business applications, data and artificial intelligence (AI)-driven capabilities, while tapping into Accenture's implementation and operational prowess. The outcome is a set of modular, ready-to-consume solutions that streamline finance, procurement, supply chain and workforce management ensure the success of ADVANCE, Accenture will be creating a dedicated practice staffed with SAP-certified SaaS professionals. These experts will work closely with SAP's product specialists to deliver a smooth service experience, from contracting through continuous the preconfigured packages are core to ADVANCE, the partnership also offers additional SAP Business Suite solutions and Accenture services, including change readiness, business process management, cybersecurity, AI agents and more. ADVANCE packages are streamlined, reducing system and process complexity. By incorporating preconfigured industry processes and best practices, companies can quickly enhance workflows and lower operational costs. ADVANCE brings robust encryption, access controls and centralized data management to ensure that companies maintain high standards of data integrity and regulatory compliance, while winning the trust of stakeholders and customers.A key aspect of ADVANCE is its emphasis on speed and agility. The offering includes industry-tailored accelerators, helping clients achieve tangible business outcomes within a few months of implementation. With transparent pricing and right-sized solutions, companies can manage their budgets efficiently while seeing a rapid return on markets and customer demands continuously evolve, businesses need to adapt in real time. By integrating AI agents, predictive analytics and real-time data processing, ADVANCE helps companies stay agile and constantly innovate. This next-gen solution empowers better decision-making, supports proactive customer engagement and enables businesses to quickly respond to changes. SAP is gaining healthy traction in the cloud business, especially the Cloud ERP Suite and the rising adoption of its Rise with SAP and Grow with SAP solutions. In the last reported quarter, cloud revenues were €4.99 billion, up 27% year over year, powered by a solid 34% growth in Cloud ERP Suite revenues, reaching €4.25 billion. The suite accounted for 85% of total cloud revenues, highlighting its growing significance as a core driver of the company's overall cloud growing focus on Business AI, which is poised to play a pivotal role in driving revenue growth through 2027, bodes well. SAP will offer flexible licensing options that let customers seamlessly upgrade and transition to its latest cloud solutions across the entire SAP business suite, eliminating the burden of extra negotiations. Going forward, it plans to expand Wise with SAP, including the full business transformation toolkits like Linac, Signavio and Walkman. Despite global uncertainty, SAP has reaffirmed its growth outlook and remains confident in its trajectory. For the year, management continues to anticipate cloud revenues in the range of €21.6-€21.9 billion, suggesting an increase of 26-28% at cc on a year-over-year basis from €17.14 billion at cc in 2024. Cloud and software revenues are expected in the band of €33.1-€33.6 billion, with an increase of 11-13% at cc on a year-over-year basis from €29.83 billion at cc in 2024. SAP currently carries a Zacks Rank #3 (Hold). Shares of the company have soared 54.3% in the past year compared with the industry's growth of 9.6%. Image Source: Zacks Investment Research Some better-ranked stocks from the broader technology space are Juniper Networks, Inc. JNPR and InterDigital, Inc. IDCC. JNPR presently sports a Zacks Rank #1(Strong Buy), while IDCC carries a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank stocks is leveraging the 400-gig cycle to capture hyperscale switching opportunities inside the data center. The company is set to capitalize on the increasing demand for data center virtualization, cloud computing and mobile traffic packet/optical convergence. Juniper also introduced new features within the AI-driven enterprise portfolio that enable customers to simplify the rollout of their campus wired and wireless networks while bringing greater insight to network operators. In the last reported quarter, it delivered an earnings surprise of 4.88%.IDCC is a pioneer in advanced mobile technologies that enable wireless communications and capabilities. The company engages in designing and developing a wide range of advanced technology solutions, which are used in digital cellular as well as wireless 3G, 4G and IEEE 802-related products and networks. It has a long-term growth expectation of 15%. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Accenture PLC (ACN) : Free Stock Analysis Report Juniper Networks, Inc. (JNPR) : Free Stock Analysis Report SAP SE (SAP) : Free Stock Analysis Report InterDigital, Inc. (IDCC) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
20-05-2025
- Business
- Yahoo
Accenture and SAP Join Forces to Help Companies Enable Connected Intelligence Across the Enterprise to Drive Speed and Agility in the AI Era
SAP Business Suite enables industry-leading enterprise functions and connected intelligence with AI-driven insights Packaged service offerings from Accenture are right sized for speed and ease to help customers quickly grow and secure their businesses NEW YORK & ORLANDO, Fla., May 20, 2025--(BUSINESS WIRE)--Through a strategic expansion of their longstanding partnership, Accenture (NYSE: ACN) and SAP SE (NYSE: SAP) have launched ADVANCE. For the first time, the two companies have worked together to create a pathway to the cloud for organizations pursuing high growth with annual revenue of up to US$5 billion to help create more connected, intelligent and responsive enterprises. Drawing on more than four decades of learnings from working with the world's largest organizations, Accenture and SAP are applying their expertise and breakthrough innovations to help fast-track business transformation with streamlined finance, procurement, supply chain and workforce management, delivered through preconfigured services. The ADVANCE offerings leverage the power of SAP Business Suite—which brings together business applications, data and AI capabilities—combined with Accenture's industry, innovation, implementation, delivery and operations expertise to provide connected experiences across the enterprise while building resilience and enabling sustainable, top-line growth. Available in ready-to-consume, right-sized packages, the solutions leverage AI to help companies modernize faster, in as few as six to twelve months, while providing contextual data insights and achieving predictable outcomes. Tailored by industry and function, they provide a smooth service experience, from contracting to continuous innovation. "This expansion of our longstanding partnership with SAP will tailor leading technologies, industry insights and innovation to meet the specific demands of high-growth companies to help them reinvent, thrive and grow," said Julie Sweet, chair and CEO, Accenture. "By bringing together the very best of Accenture and SAP, ADVANCE can help growing companies gain the speed, agility and resilience they need to meet the challenges and seize the opportunities of today's dynamic business environment." "To drive real transformation, companies need technology and services that help them move faster, operate more efficiently and scale with confidence," said Christian Klein, CEO of SAP SE. "ADVANCE brings the full strength of SAP Business Suite with Accenture's business transformation services to a new generation of businesses, helping them grow quickly and respond with agility to new opportunities and challenges." To support the unique needs of this customer segment, Accenture will invest in a dedicated practice of go-to-market and SAP-certified SaaS professionals, who will collaborate closely with SAP product specialists to deliver these packages. The purpose-built packages are focused on the following principles: Simple: Streamlined systems and process complexity. Preconfigured industry processes and best practices improve workflows and lower costs. Secure: Reliable and secure business operations with strong encryption, access controls and centralized data management to help improve integrity and compliance. Fast: Right-sized solutions with transparent pricing can be implemented quickly, achieving business outcomes in months. Industry-tailored accelerators speed time to value and measurable business outcomes, from simplifying financial complexities to supply chain planning. Future-ready: Respond to changing market conditions faster, while leveraging continuous innovations, including AI agents. Enhance decision-making with data and AI for better customer experience and resilience. Additional SAP Business Suite offerings and Accenture services are also available, including change readiness, business process management, cybersecurity, AI agents and more. About Accenture Accenture is a leading global professional services company that helps the world's leading businesses, governments and other organizations build their digital core, optimize their operations, accelerate revenue growth and enhance citizen services—creating tangible value at speed and scale. We are a talent- and innovation-led company with approximately 801,000 people serving clients in more than 120 countries. Technology is at the core of change today, and we are one of the world's leaders in helping drive that change, with strong ecosystem relationships. We combine our strength in technology and leadership in cloud, data and AI with unmatched industry experience, functional expertise and global delivery capability. Our broad range of services, solutions and assets across Strategy & Consulting, Technology, Operations, Industry X and Song, together with our culture of shared success and commitment to creating 360° value, enable us to help our clients reinvent and build trusted, lasting relationships. We measure our success by the 360° value we create for our clients, each other, our shareholders, partners and communities. Visit us at About SAP As a global leader in enterprise applications and business AI, SAP (NYSE: SAP) stands at the nexus of business and technology. For over 50 years, organizations have trusted SAP to bring out their best by uniting business-critical operations spanning finance, procurement, HR, supply chain, and customer experience. For more information, visit Copyright © 2025 Accenture. All rights reserved. Accenture and its logo are registered trademarks of Accenture. This document contains forward-looking statements, which are predictions, projections, or other statements about future events. These statements are based on current expectations, forecasts, and assumptions that are subject to risks and uncertainties that could cause actual results and outcomes to materially differ. Additional information regarding these risks and uncertainties may be found in our filings with the Securities and Exchange Commission, including but not limited to the risk factors section of SAP's 2024 Annual Report on Form 20-F. © 2025 SAP SE. All rights reserved. SAP and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP SE in Germany and other countries. Please see for additional trademark information and notices. View source version on Contacts Hannah UnkeferAccenture+1 206 839 Denise BerardAccenture+1 617 488 Julie SchneiderSAP+1 650 687 Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
20-05-2025
- Business
- Business Wire
Accenture and SAP Join Forces to Help Companies Enable Connected Intelligence Across the Enterprise to Drive Speed and Agility in the AI Era
NEW YORK & ORLANDO, Fla.--(BUSINESS WIRE)--Through a strategic expansion of their longstanding partnership, Accenture (NYSE: ACN) and SAP SE (NYSE: SAP) have launched ADVANCE. For the first time, the two companies have worked together to create a pathway to the cloud for organizations pursuing high growth with annual revenue of up to US$5 billion to help create more connected, intelligent and responsive enterprises. Drawing on more than four decades of learnings from working with the world's largest organizations, Accenture and SAP are applying their expertise and breakthrough innovations to help fast-track business transformation with streamlined finance, procurement, supply chain and workforce management, delivered through preconfigured services. The ADVANCE offerings leverage the power of SAP Business Suite —which brings together business applications, data and AI capabilities—combined with Accenture's industry, innovation, implementation, delivery and operations expertise to provide connected experiences across the enterprise while building resilience and enabling sustainable, top-line growth. Available in ready-to-consume, right-sized packages, the solutions leverage AI to help companies modernize faster, in as few as six to twelve months, while providing contextual data insights and achieving predictable outcomes. Tailored by industry and function, they provide a smooth service experience, from contracting to continuous innovation. 'This expansion of our longstanding partnership with SAP will tailor leading technologies, industry insights and innovation to meet the specific demands of high-growth companies to help them reinvent, thrive and grow,' said Julie Sweet, chair and CEO, Accenture. 'By bringing together the very best of Accenture and SAP, ADVANCE can help growing companies gain the speed, agility and resilience they need to meet the challenges and seize the opportunities of today's dynamic business environment.' 'To drive real transformation, companies need technology and services that help them move faster, operate more efficiently and scale with confidence,' said Christian Klein, CEO of SAP SE. 'ADVANCE brings the full strength of SAP Business Suite with Accenture's business transformation services to a new generation of businesses, helping them grow quickly and respond with agility to new opportunities and challenges.' To support the unique needs of this customer segment, Accenture will invest in a dedicated practice of go-to-market and SAP-certified SaaS professionals, who will collaborate closely with SAP product specialists to deliver these packages. The purpose-built packages are focused on the following principles: Simple: Streamlined systems and process complexity. Preconfigured industry processes and best practices improve workflows and lower costs. Secure: Reliable and secure business operations with strong encryption, access controls and centralized data management to help improve integrity and compliance. Fast: Right-sized solutions with transparent pricing can be implemented quickly, achieving business outcomes in months. Industry-tailored accelerators speed time to value and measurable business outcomes, from simplifying financial complexities to supply chain planning. Future-ready: Respond to changing market conditions faster, while leveraging continuous innovations, including AI agents. Enhance decision-making with data and AI for better customer experience and resilience. Additional SAP Business Suite offerings and Accenture services are also available, including change readiness, business process management, cybersecurity, AI agents and more. About Accenture Accenture is a leading global professional services company that helps the world's leading businesses, governments and other organizations build their digital core, optimize their operations, accelerate revenue growth and enhance citizen services—creating tangible value at speed and scale. We are a talent- and innovation-led company with approximately 801,000 people serving clients in more than 120 countries. Technology is at the core of change today, and we are one of the world's leaders in helping drive that change, with strong ecosystem relationships. We combine our strength in technology and leadership in cloud, data and AI with unmatched industry experience, functional expertise and global delivery capability. Our broad range of services, solutions and assets across Strategy & Consulting, Technology, Operations, Industry X and Song, together with our culture of shared success and commitment to creating 360° value, enable us to help our clients reinvent and build trusted, lasting relationships. We measure our success by the 360° value we create for our clients, each other, our shareholders, partners and communities. Visit us at About SAP As a global leader in enterprise applications and business AI, SAP (NYSE: SAP) stands at the nexus of business and technology. For over 50 years, organizations have trusted SAP to bring out their best by uniting business-critical operations spanning finance, procurement, HR, supply chain, and customer experience. For more information, visit Copyright © 2025 Accenture. All rights reserved. Accenture and its logo are registered trademarks of Accenture. This document contains forward-looking statements, which are predictions, projections, or other statements about future events. These statements are based on current expectations, forecasts, and assumptions that are subject to risks and uncertainties that could cause actual results and outcomes to materially differ. Additional information regarding these risks and uncertainties may be found in our filings with the Securities and Exchange Commission, including but not limited to the risk factors section of SAP's 2024 Annual Report on Form 20-F. © 2025 SAP SE. All rights reserved. for additional trademark information and notices.
Medscape
15-05-2025
- Health
- Medscape
Young Veteran Amputees Have Higher Hip Osteoarthritis Risk
INCHEON, South Korea — Young veterans who have lost lower limbs in combat are at particularly high risk for developing hip osteoarthritis, but even uninjured veterans of similar age and service history also have elevated risk for the disease, according to research presented at the World Congress on Osteoarthritis (OARSI) 2025 Annual Meeting. Fraje Watson, PhD, research associate in bioengineering at Imperial College London, London, England, presented an analysis of data from the ongoing prospective longitudinal ADVANCE cohort study in UK military personnel who served in Afghanistan. The analysis involved 1141 participants who had hip x-rays available at the study baseline, which was a mean of 8 years after injury or deployment. Around half of the participants had experienced severe enough injury during combat to require aeromedical evacuation, while the other half were a control group of military personnel who had not required aeromedical evacuation for injury and were matched for age, time and duration of deployment, and role. Of the 577 veterans exposed to serious injury, 142 had experienced one or both lower limb amputations, 28 had experienced hip injury (with or without lower limb loss), and 407 did not experience any limb loss. The study found that at baseline, just over 14% of veterans who had lower limb loss had hip osteoarthritis of Kellgren and Lawrence grade ≥ 2 compared with 4.4% of the control group who did not experience serious injury requiring aeromedical evacuation, representing a 3.88-fold higher likelihood of developing hip osteoarthritis. Among those who experienced serious hip injury with or without limb loss, 28.6% met the criteria for hip osteoarthritis at baseline, representing 7.18-fold higher odds of developing hip osteoarthritis than those in the control group. At the 3-year follow-up from baseline, the study didn't find any significantly greater increases in overall incidence of new hip osteoarthritis in the exposed groups compared with controls. But they did see significant differences in the risk for progression to more severe disease: 38.5% of the individuals who had experienced hip injury and 24.3% of those who experienced lower limb loss had progressed compared with 17% without limb loss and 14.1% of those who did not experience severe injury. Fraje Watson, PhD 'General trauma doesn't appear to increase the risk, but hip injuries and lower limb loss do, and they also result in an increased risk of progression over time, within 8-11 years post-injury,' Watson told the conference. She suggested that the effect could be the result of altered gait biomechanics and increased contact forces on the contralateral limb, although the cohort also included individuals who had lost both limbs. Watson also drew attention to the relatively high rate of hip osteoarthritis at baseline and follow-up even among the military veterans who had not experienced serious injury. The mean age of participants was around 34 years, and nearly two thirds were of junior rank. 'For such a young group that's much less reported in the literature, they had quite a high baseline prevalence,' Watson told the conference. 'Even if we take out the injured group and we just look at the group that served in Afghanistan but didn't experience a significant injury, they still had a 4.4% baseline prevalence.' In comparison to this, reports suggested a prevalence of 1.4% among men younger than 40 years in the general population, she said. Watson commented to Medscape Medical News that the higher rate of hip osteoarthritis among military personnel may reflect the physical demands of military service. 'They have a really high level of activity, and the loading of their joints is potentially higher for a sustained period of time as well as being extremely active,' she said. 'They might also be slightly more at higher risk of sustaining those kinds of low-level twisted ankles or meniscal injuries during training.' An audience member asked whether the study was looking at the sacroiliac joints and low back pain in these patients, given their mechanical axis and weight-bearing might also shift with the loss of a limb. Watson noted that a paper currently under review was examining low back pain in individuals with lower limb loss, and that there were a number of mechanical changes that happen around both the hip and lower back with limb loss.
