Latest news with #ChrisKoch
Business Wire
15-05-2025
- Business
- Business Wire
Carlisle Companies to Acquire Bonded Logic, an Innovative Manufacturer of Sustainable Insulation Products
SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Carlisle Companies Incorporated (NYSE:CSL) today announced that it has entered into a definitive agreement to acquire select assets of Bonded Logic, Inc. and Phoenix Fibers, LLC (collectively as 'Bonded Logic'). Bonded Logic is a U.S. manufacturer of sustainable thermal and acoustical insulation products. Founded in 2002 with manufacturing locations in Arizona and Georgia, Bonded Logic is best known for its innovative natural fiber insulation products and groundbreaking manufacturing process that delivers a wide range of insulation densities and thicknesses while delivering ease of installation and sustainability features. The acquisition of Bonded Logic is consistent with Carlisle's Vision 2030 strategy and its strategic pivot to a pure play building products company. The acquisition reinforces Carlisle's emphasis on increased investment in innovation, synergistic M&A, delivering on its sustainability commitments, and bringing to market new building envelope products that deliver energy efficiency and contractor labor-savings. Chris Koch, Chair, President, and Chief Executive Officer, said, 'The Bonded Logic acquisition leverages our proven M&A playbook and expands our offering of building envelope products for more energy efficient buildings. This acquisition enables further development of our innovative Henry® UltraTouch™ Denim Insulation that's made from recycled denim and cotton fibers and represents long-term revenue and margin expansion opportunities for Carlisle as we work towards our Vision 2030 objectives.' The transaction is subject to customary closing conditions and is expected to close in the second quarter of 2025. Forward-Looking Statements This press release contains forward-looking statements, including those with respect to the acquisition of Bonded Logic and the anticipated timing of the closing of the transaction. These statements represent only Carlisle's current belief regarding future events, many of which, by their nature, are inherently uncertain and outside of Carlisle's control. Actual results could differ materially from those reflected in this press release for various reasons, including the failure of the parties to meet or waive closing conditions. Carlisle disclaims any obligation to update forward-looking statements except as required by law. About Carlisle Companies Incorporated Carlisle Companies Incorporated is a leading supplier of innovative building envelope products and solutions for more energy efficient buildings. Through its building products businesses – Carlisle Construction Materials ('CCM') and Carlisle Weatherproofing Technologies ('CWT') – and family of leading brands, Carlisle delivers innovative, labor reducing and environmentally responsible products and solutions to customers through the Carlisle Experience. Carlisle is committed to generating superior shareholder returns and maintaining a balanced capital deployment approach, including investments in our businesses, strategic acquisitions, share repurchases and continued dividend increases. Leveraging its culture of continuous improvement as embodied in the Carlisle Operating System ('COS'), Carlisle has committed to achieving net-zero greenhouse gas emissions by 2050. Learn more about Carlisle at
Forbes
24-04-2025
- Business
- Forbes
Productivity Savings From Gen AI Don't Always Add Up
Business leaders need to think harder about the effects that Gen AI will have on different employees and about how to make the time saved from Gen AI be of value to both employees and the company. getty By Chris Koch, SAP Insights The productivity savings from Gen AI will not free us all to, as the hyped-up platitude goes, 'focus on higher value-added tasks.' Sure, GenAI is already saving us time. But assuming that as a result, employees will automatically spend that time valuably is simply wrong. Most companies don't have a bunch of higher value-added tasks just sitting around like boxes of candy on a shelf. If they did, someone would already be doing them. The platitude is just a way to paper over the fact that figuring out what to do with incremental slices of time that Gen AI saves individual employees is not only complex but also may consume more time and resources than it's worth. Business leaders need to think harder about the effects that Gen AI will have on different employees and about how to make the time saved from Gen AI be of value to both employees and the company. In truth, the time that Gen AI saves individual employees, and the value that time saved contributes to companies, can vary considerably. Consider call centers. Researchers from the National Bureau of Economic Research observed over 5,000 agents who used a generative AI-based conversational assistant during text-based chats with customers. The assistant gave the agents information to share with customers and prompts to manage the tenor and range of the chats. With an AI bird on their shoulders, the agents resolved an average of 14% more issues per hour. However, the AI assistants didn't help every agent equally. Each agent's productivity gains were linked to their experience and talent. The performance of novices and low-skilled agents improved by 34%, while the more experienced agents gained little or no improvement. This makes sense when you consider that AI chatbots are only as good as the data they train on – in this case, the best practices of the most highly skilled agents. For the newbies, using AI was like having a really good cheat sheet. Meanwhile, AI obliterated the expertise that had helped the best agents not only rise to the top but also earn more money and recognition. It's a sign of complications to come. What happens to the employees who trained Gen AI to become their equals? What higher value-added tasks will they get? We know that overall, AI will increase overall company productivity. But the story can play out differently for individuals. Some employees will see gains, others a dead end. Here are some ways to think about the value GenAI can deliver to both companies and employees: If employees only use Gen AI to help write e-mails or create a rough draft of a report, the time savings won't magically enable them to take that time and put it towards something more valuable than what they already do. If, on the other hand, Gen AI can decode a 30-page spreadsheet full of invoice entries, compare them to payments, and flag the inconsistencies, now you've saved some serious time. Talk with employees and find out where the big savings are. A survey by Microsoft found that users of its Gen AI tool CoPilot saved employees an average of 14 minutes per day. But trying to figure out what to do with 14 minutes at the individual level is a time suck for everyone. Instead, package up all those minutes into a collective number and bigger goal, such as reducing the number of external contractors, or getting a lower price on an outsourcing contract. If an employee says they want to learn something new, that may be the higher value-added task you've been looking for. And they'll be more motivated to retrain themselves if they can use the time they save with Gen AI each week. Ignore the productivity mania, banish the platitudes, and focus on value.
Yahoo
02-04-2025
- Business
- Yahoo
The Redesign Group Awarded 2025 North America Emerging Partner of the Year by Rapid7
EL SEGUNDO, Calif., April 02, 2025--(BUSINESS WIRE)--The Redesign Group ("Redesign"), a global technology & cybersecurity firm, today announced it has been named 2025 North America Emerging Partner of the Year by Rapid7, a leader in extended risk and threat detection. This award recognizes Redesign's exceptional growth in the past year—a result of consistent collaboration to deliver market-leading security solutions and support. In today's rapidly evolving threat landscape, companies are turning to trusted advisors who can help them navigate regulatory requirements, expanding attack surfaces, and complex hybrid cloud environments. Redesign's partnership with Rapid7 provides streamlined access to cutting-edge cybersecurity tools, paired with expert implementation and advisory services. "We are thrilled to partner with Rapid7 to help our customers manage risk, improve security posture, and scale their security operations capabilities," said Patrick Sullivan, CEO of Redesign Trust, the cybersecurity business unit at Redesign. "Rapid7 provides one of the most comprehensive security operations platforms in the market today, offering our customers real-time visibility, threat intelligence, and automation across their environments." By leveraging The Rapid7 Command Platform, including InsightVM for vulnerability management, InsightIDR for Next-Gen SIEM, Threat Command for threat intelligence, and Managed Threat Complete for 24x7 security monitoring and response, Redesign Trust helps its customers reduce detection and response times, meet compliance goals, and stay ahead of emerging threats. "Rapid7's partner ecosystem plays a vital role in helping organizations simplify security, take control of their attack surface, and confidently navigate a dynamic threat landscape," said Chris Koch, Director, North American Channel at Rapid7. "Our partnership with The Redesign Group allows us to deliver excellent customer service and value alongside a highly adaptive, predictive, and responsive cybersecurity platform." Redesign is part of the Rapid7 PACT Program, which was recently updated to unite partners with tailored engagement programs and specializations, an all-new Partner Training Academy, and a modernized and expanded partner portal. Through its participation in the program, Redesign can offer powerful, industry-leading solutions to joint customers so they can take command of their attack surface. For more information about Redesign's security offerings, visit: About The Redesign Group Redesign Group is a global technology solutions provider and consulting firm. We leverage design thinking, interdependent subject matter expertise, and emerging technology solutions to help organizations achieve meaningful transformation. Our cybersecurity business unit, Redesign Trust, delivers modern risk management, compliance automation, and managed security services to organizations around the world. For more information, visit our website or follow us on LinkedIn. View source version on Contacts The Redesign Group Company Contact: Jen SanginarioDirector,
