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The elite Perth private boys' schools spending big on infrastructure
The elite Perth private boys' schools spending big on infrastructure

The Age

timea day ago

  • Business
  • The Age

The elite Perth private boys' schools spending big on infrastructure

One of Perth's most expensive private schools has asked parents for 'philanthropic' donations to fund a new multimillion-dollar performing arts centre on the banks of the Swan River – set to be the 'largest building investment the school has ever made'. Christ Church Grammar School was unanimously granted development approval by the Metro Inner Development Assessment Panel for their $39.2 million Perform project. 'When you give to Christ Church, you are helping lay the foundation for skills that extend far beyond the classroom – into the boardroom, the workplace, and every aspect of life,' a Facebook post on the plan states. 'Every gift, no matter the size, helps make this vision a reality.' The school had previously received approval from the panel for a similar project costed at $50 million in November 2022, but it never went ahead due to 'rising construction costs' which 'have rendered the design unfeasible'. Changes include a 465-seat auditorium instead of 480 seats, reduced 'building bulk', further setback from the bank of the river and no changes to the existing car park. The building will be three storeys high with a basement underneath and will also have a 220-seat Black Box theatre. Construction will require the demolition of current music classrooms, the chaplain's residence and preparatory school and removal of seven existing non-heritage listed trees. 'The Perform building will accommodate music and drama lessons and events as part of the school's arts programme, and is planned to service the school's needs for decades into the future,' the proposal reads.

The elite Perth private boys' schools spending big on infrastructure
The elite Perth private boys' schools spending big on infrastructure

Sydney Morning Herald

timea day ago

  • Business
  • Sydney Morning Herald

The elite Perth private boys' schools spending big on infrastructure

One of Perth's most expensive private schools has asked parents for 'philanthropic' donations to fund a new multimillion-dollar performing arts centre on the banks of the Swan River – set to be the 'largest building investment the school has ever made'. Christ Church Grammar School was unanimously granted development approval by the Metro Inner Development Assessment Panel for their $39.2 million Perform project. 'When you give to Christ Church, you are helping lay the foundation for skills that extend far beyond the classroom – into the boardroom, the workplace, and every aspect of life,' a Facebook post on the plan states. 'Every gift, no matter the size, helps make this vision a reality.' The school had previously received approval from the panel for a similar project costed at $50 million in November 2022, but it never went ahead due to 'rising construction costs' which 'have rendered the design unfeasible'. Changes include a 465-seat auditorium instead of 480 seats, reduced 'building bulk', further setback from the bank of the river and no changes to the existing car park. The building will be three storeys high with a basement underneath and will also have a 220-seat Black Box theatre. Construction will require the demolition of current music classrooms, the chaplain's residence and preparatory school and removal of seven existing non-heritage listed trees. 'The Perform building will accommodate music and drama lessons and events as part of the school's arts programme, and is planned to service the school's needs for decades into the future,' the proposal reads.

Assessing India's carbon credit trading scheme targets
Assessing India's carbon credit trading scheme targets

The Hindu

time13-07-2025

  • Business
  • The Hindu

Assessing India's carbon credit trading scheme targets

The Indian government recently announced greenhouse gas emissions intensity of production targets for entities (such as a steel plant) operating within eight of the nine heavy industrial sectors covered in India's Carbon Credit Trading Scheme's (CCTS) compliance mechanism. The eight sectors are aluminium, cement, paper and pulp, chlor-alkali, iron and steel, textile, petrochemicals and petro refineries. So, is there a way to understand whether these are ambitious targets or not? The first question one needs to ask is this: should we measure ambition at the entity level, or at the sector level or the level of the economy? Our analysis shows that the ambition of India's carbon market targets should be assessed at the aggregate economy-wide level, and not at the level of individual entities or sectors. An economy-wide lens is more important We can look at the Perform, Achieve and Trade (PAT) scheme, which is India's flagship energy efficiency programme for large industries. Under PAT, energy-intensive industries are given targets to reduce their energy use; those which exceed their targets can trade the excess savings with others. We analysed performance data from four sectors under the PAT Cycle I (2012–14) and found a mixed but interesting picture. In some entities, the energy used per unit of production (energy intensity) increased but decreased in others. At the sector level, energy intensity rose in two sectors (paper and chlor alkali) and fell in the other two (aluminium and cement). However, when we combined emissions, output and price data from all four sectors and adjusted for inflation, less energy was used, overall, to produce the same amount of economic output. This shows that even if energy efficiency rises or falls in some entities or sectors, India's overall energy use can still become more efficient. We found similar behaviour across other PAT cycles and sectors. These observations give us a useful insight — India's PAT scheme was able to effectively use market mechanisms to achieve energy intensity reduction at an aggregate level. The decrease in overall energy intensity, even as it rose for some entities, shows that the market mechanism worked; those companies were able to buy energy efficiency certificates instead of undertaking costly in-house changes. But, this in itself does not tell us if the aggregate energy intensity reduction was aggressive or business-as-usual. This does, however, tell us that one should only analyse the aggregate target to infer whether it was aggressive or not. That is, for an externality-driven market, achieving reduction at an aggregate level is far more important than achieving the same at the entity level for 'all' entities. An emissions trading scheme does not bother about individual entities or sectors. It bothers about the economy-level aggregate effect, which is where, ideally, the ambition should be evaluated. But are not entity or sector-level targets important to reduce emissions as well? A research paper by the Council on Energy, Environment and Water (CEEW) shows that entity or sector-level targets only determine financial transfers across entities and sectors, and not the overall emission intensity decline. Comparing the new CCTS targets with historical sector-level performance under the PAT scheme also is not the most meaningful approach to assess ambition. Just because the reduction in emissions in the past has been modest at the industry level, it cannot be the case for the future. Our mitigation actions have to progressively become more ambitious than in the past. Therefore, only a comparison with a future trajectory aligned with a pathway towards India's stated Nationally Determined Contributions (NDC) and a 2070 net-zero future is relevant. While the industry sector-specific CCTS targets cannot be directly compared with the economy-wide NDC target, economy-wide modelling assessments can give useful information in this regard. Emissions intensity to decline According to our recent modelling of a 2030 NDC-aligned emissions reduction scenario for India, the carbon dioxide emissions intensity of India's energy sector (per unit of GDP) is expected to decline at an average annual rate of 3.44% between 2025 and 2030. In comparison, the emissions intensity of value added (EIVA) in India's manufacturing sector is projected to decline by at least 2.53% annually over the same period. This suggests that in the near-term, industry may decarbonise at a slower pace than other sectors — particularly the power sector, which has more low-cost mitigation opportunities. Against this backdrop, the combined average annual EIVA reduction for the eight sectors based on current CCTS targets — indicative of sector-specific commodity price data (a rough proxy for value added), and projected production growth rates — is estimated at 1.68% between 2023-24 and 2026-27. Early signs suggest that the industrial targets under CCTS may not be ambitious enough. While this is not directly comparable since entities covered under the carbon trading scheme represent only a portion of India's overall manufacturing base, it is still the most relevant benchmark available until detailed modelling is done for all sectors. Ultimately, it is the aggregate decline that will determine whether India's effort is truly ambitious. Vaibhav Chaturvedi is Senior Fellow at the Council on Energy, Environment and Water (CEEW). Darshna Singh is Research Analyst at the Council on Energy, Environment and Water (CEEW). The views expressed are personal

Dynatrace Unveils a Series of New Innovations at Perform
Dynatrace Unveils a Series of New Innovations at Perform

Channel Post MEA

time08-02-2025

  • Business
  • Channel Post MEA

Dynatrace Unveils a Series of New Innovations at Perform

At its flagship annual Perform event, Dynatrace unveiled a series of new platform innovations that empower its global enterprise customers to embrace AI, unlock new insights from their data, and strengthen business growth and resiliency. Businesses today are flooded by data, complexity, and a constant pressure to adopt and drive revenue from AI. Dynatrace customers, partners, and executives will take the stage in Las Vegas over the next two days to showcase how some of the largest leading organizations around the world are leveraging the Dynatrace platform to turn their data into a competitive advantage. New industry-leading platform advancements from Dynatrace include: These innovations bolster additional recent platform advancements from Dynatrace. These include extended compliance capabilities to support the EU's Digital Operational Resilience Act (DORA) and transformative enhancements to the Dynatrace AI Observability solution, purpose-built to empower customers with expansive insights into their GenAI initiatives. AI-powered Operational Excellence With more than a decade of AI leadership and innovation, Dynatrace is expanding its AIOps capabilities to accelerate problem resolution and enable customers to adopt a more proactive approach to remediation to help them avoid issues before they occur. With these capabilities, the powerful Dynatrace AI engine, Davis® AI, further evolves to recommend solutions and operationalize best practices. This unique approach pushes enterprises beyond reactive AIOps to true preventive operations that makes it possible to support reliable applications, operational resilience, automatic paths to resolution, and accelerated delivery of new innovations to market. Evolving Shift-left with New Developer-focused Enhancements Dynatrace is introducing new capabilities to extend observability insights to the development community, so they can turn those insights into action faster and more effectively. Observability for Developers provides development teams with powerful runtime insights, advanced analytics, and a new Live Debugger to streamline troubleshooting and performance monitoring. With systems becoming more distributed and dynamic, development teams require real-time understanding of application performance, infrastructure health, and user experiences to maintain reliability and drive innovation. By integrating Dynatrace deeper into the software development lifecycle and extending observability and security insights to developers, organizations can accelerate cross-team collaboration and turn this knowledge into business impact faster and more effectively. Continuous Security with Cloud Security Posture Management (CSPM) For enterprises managing complex hybrid and multi-cloud environments, new CSPM capabilities from Dynatrace significantly enhance security, compliance, and resource-efficiency through continuous monitoring, automated remediation, and centralized visibility. In having the ability to view security insights within the broader context of the entire digital ecosystem, Dynatrace enables teams to respond faster, be more proactive, and mobilize the right teams to address emerging issues. Dynatrace CPSM extends existing Kubernetes Security Posture Management (KSPM) capabilities and enables organizations to manage their entire cloud security posture through a single, unified platform. This can eliminate the need for separate hyperscaler-specific SPM solutions, reduce operational complexity, and help organizations comply with regulatory technical standards such as PCI DSS, CIS, and GDPR. 'Businesses today operate in an era of unprecedented complexity, where success hinges on the ability to unlock insights from data, embrace innovation, and drive meaningful impact from AI,' said Bernd Greifeneder, CTO and Founder at Dynatrace. 'At Perform this year, we are hyper-focused on how we turn our customers' possibilities for accelerated innovation and business growth into a reality. By harnessing AI and a truly unified platform, we're empowering an even broader user-audience – from cloud-native, AI-native, and development teams to executive and organizational leaders – to transform faster, gain a competitive edge, and deliver exceptional digital experiences.' 0 0

Dynatrace Showcases New Possibilities for Innovation at Perform 2025
Dynatrace Showcases New Possibilities for Innovation at Perform 2025

Yahoo

time04-02-2025

  • Business
  • Yahoo

Dynatrace Showcases New Possibilities for Innovation at Perform 2025

Distinctive advancements extend the Dynatrace platform to more audiences and use cases, unlocking greater opportunities for accelerated business growth LAS VEGAS, February 04, 2025--(BUSINESS WIRE)--At its flagship annual Perform event, Dynatrace (NYSE: DT), the leading AI-powered observability platform, unveiled a series of new platform innovations that empower its global enterprise customers to embrace AI, unlock new insights from their data, and strengthen business growth and resiliency. Businesses today are flooded by data, complexity, and a constant pressure to adopt and drive revenue from AI. Dynatrace customers, partners, and executives will take the stage in Las Vegas over the next two days to showcase how some of the largest leading organizations around the world are leveraging the Dynatrace platform to turn their data into a competitive advantage. New industry-leading platform advancements from Dynatrace include: Advancements to its AIOps Capabilities for Preventive Operations An expanded Security Portfolio with Cloud Security Posture Management (CSPM) Observability for Developers innovations to accelerate shift-left These innovations bolster additional recent platform advancements from Dynatrace. These include extended compliance capabilities to support the EU's Digital Operational Resilience Act (DORA) and transformative enhancements to the Dynatrace AI Observability solution, purpose-built to empower customers with expansive insights into their GenAI initiatives. AI-powered Operational Excellence With more than a decade of AI leadership and innovation, Dynatrace is expanding its AIOps capabilities to accelerate problem resolution and enable customers to adopt a more proactive approach to remediation to help them avoid issues before they occur. With these capabilities, the powerful Dynatrace AI engine, Davis® AI, further evolves to recommend solutions and operationalize best practices. This unique approach pushes enterprises beyond reactive AIOps to true preventive operations that makes it possible to support reliable applications, operational resilience, automatic paths to resolution, and accelerated delivery of new innovations to market. Evolving Shift-left with New Developer-focused Enhancements Dynatrace is introducing new capabilities to extend observability insights to the development community, so they can turn those insights into action faster and more effectively. Observability for Developers provides development teams with powerful runtime insights, advanced analytics, and a new Live Debugger to streamline troubleshooting and performance monitoring. With systems becoming more distributed and dynamic, development teams require real-time understanding of application performance, infrastructure health, and user experiences to maintain reliability and drive innovation. By integrating Dynatrace deeper into the software development lifecycle and extending observability and security insights to developers, organizations can accelerate cross-team collaboration and turn this knowledge into business impact faster and more effectively. Continuous Security with Cloud Security Posture Management (CSPM) For enterprises managing complex hybrid and multi-cloud environments, new CSPM capabilities from Dynatrace significantly enhance security, compliance, and resource-efficiency through continuous monitoring, automated remediation, and centralized visibility. In having the ability to view security insights within the broader context of the entire digital ecosystem, Dynatrace enables teams to respond faster, be more proactive, and mobilize the right teams to address emerging issues. Dynatrace CPSM extends existing Kubernetes Security Posture Management (KSPM) capabilities and enables organizations to manage their entire cloud security posture through a single, unified platform. This can eliminate the need for separate hyperscaler-specific SPM solutions, reduce operational complexity, and help organizations comply with regulatory technical standards such as PCI DSS, CIS, and GDPR. "Businesses today operate in an era of unprecedented complexity, where success hinges on the ability to unlock insights from data, embrace innovation, and drive meaningful impact from AI," said Bernd Greifeneder, CTO and Founder at Dynatrace. "At Perform this year, we are hyper-focused on how we turn our customers' possibilities for accelerated innovation and business growth into a reality. By harnessing AI and a truly unified platform, we're empowering an even broader user-audience – from cloud-native, AI-native, and development teams to executive and organizational leaders – to transform faster, gain a competitive edge, and deliver exceptional digital experiences." To learn more about these announcements, please visit the Dynatrace newsroom. To register to tune into Perform 2025 virtually, please visit: About Dynatrace Dynatrace is advancing observability for today's digital businesses, helping to transform the complexity of modern digital ecosystems into powerful business assets. By leveraging AI-powered insights, Dynatrace enables organizations to analyze, automate, and innovate faster to drive their business forward. Learn more at Cautionary Language Concerning Forward-Looking Statements This press release includes certain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding Dynatrace's capabilities and the expected benefits to organizations from using Dynatrace and AI. These forward-looking statements include all statements that are not historical facts and statements identified by words such as "will," "expects," "anticipates," "intends," "plans," "believes," "seeks," "estimates," and words of similar meaning. These forward-looking statements reflect our current views about our plans, intentions, expectations, strategies, and prospects, which are based on the information currently available to us and on assumptions we have made. Although we believe that our plans, intentions, expectations, strategies, and prospects as reflected in or suggested by those forward-looking statements are reasonable, we can give no assurance that the plans, intentions, expectations, or strategies will be attained or achieved. Actual results may differ materially from those described in the forward-looking statements and will be affected by a variety of risks and factors that are beyond our control, including the risks set forth under the caption "Risk Factors" in our Annual Report on Form 10-K, subsequent Quarterly Reports on Form 10-Q, and our other SEC filings. We assume no obligation to update any forward-looking statements contained in this document as a result of new information, future events, or otherwise. View source version on Contacts Investor Contact:Noelle FarisVP, Investor Media Relations:Dynatrace PR Teampr-team@ Sign in to access your portfolio

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