Latest news with #predictiveAnalytics
The Independent
02-07-2025
- Business
- The Independent
Smart tools to help you manage your supplier risk
Coface is a Business Reporter client How you can reduce risk with real-time insights and predictive analytics. In today's interconnected world, supply chains are more complex and more vulnerable than ever. A single weak link can disrupt operations, damage reputations and impact profitability. That's why forward-thinking businesses are prioritising supplier risk management as a strategic imperative. From financial instability to geopolitical upheaval and operational inefficiencies, supplier-related risks are diverse and often unpredictable. A supplier's financial troubles can lead to delays or quality issues. Political unrest or natural disasters can halt production. Even a well-funded supplier may struggle with outdated systems or labour shortages. To navigate these challenges, businesses need more than just data – they need actionable insights. That's where Urba360 from Coface comes in. Urba360 is a powerful platform designed to help businesses assess, monitor and mitigate supplier risk. It provides real-time visibility into supplier performance, enabling companies to make faster, more informed decisions. Why supplier risk management matters Modern supply chains span multiple regions and industries. Managing risk isn't just about ensuring timely deliveries. It's about building resilience across every tier of the supply network. A robust risk strategy considers financial health, operational capability and external threats. Urba360 supports this by offering a comprehensive view of supplier risk. It evaluates financial stability, tracks performance trends and alerts users to potential issues before they escalate. This allows businesses to act early – whether that means supporting a struggling supplier or finding alternatives. The Coface advantage Coface brings over 75 years of trade credit expertise to the table. Its risk assessments are powered by a unique blend of proprietary insurance data, public records and alternative data sources. With over 600 risk experts in 53 global centres, Coface delivers insights on 200 markets worldwide. Through Urba360, users gain access to this intelligence via a single platform. The system continuously monitors supplier performance and flags early signs of trouble. It also provides sector-specific and country-specific insights, helping global businesses tailor their strategies to local conditions. But what truly sets Coface apart is its knowledge and understanding of upstream suppliers. Urba360 doesn't just present data: it interprets it. The platform transforms raw information into strategic insights, helping businesses strengthen their supply chains and reduce exposure to risk. Whether you're managing a handful of suppliers or a global network, Urba360 equips you with the tools to stay ahead of disruptions and build long-term resilience.
CBC
07-06-2025
- Health
- CBC
Health authority interim CEO calls for further integration of AI into health care
Social Sharing Nova Scotia needs to merge artificial intelligence into the health-care system by way of a research centre, says the interim CEO of the Nova Scotia Health Authority. At a panel discussion on Friday at the Halifax Chamber of Commerce, Karen Oldfield said AI has been introduced to the health-care system in small amounts, but more needs to be done. "We have to lay this foundation," Oldfield said. "But to get to the predictive analytics, to wellness, to precision medicine, we have to have this." Oldfield says that the next logical step for the province is to develop a centre of excellence, meaning a hub dedicated to overseeing and researching AI. Oldfield expanded on this, saying AI would improve clinical efficiency and administration. Oldfield said AI could be used to determine a population or community with a higher likelihood of contracting diseases, like certain kinds of cancer. "If we can predict, then we can get ahead of it," said Oldfield. "That's really where most provinces and most countries want to get.... That's where we need to head." Oldfield says the development of such a centre would be dependent on people more than money. "We need the researchers that are able to use that data …to develop their algorithms that can lead us to predictive analytics and precision medicine," said Oldfield. The proposed AI centre for excellence is only in its early stages. Oldfield says she has had conversations about a centre with the Atlantic Canada Opportunities Agency and various members of the federal government.
Yahoo
31-05-2025
- Business
- Yahoo
Buildots secures $45m funding to enhance AI-driven platform
Buildots, an AI-powered construction management company, has completed a $45m funding round. The investment, led by Israeli venture capital fund Qumra Capital, included contributions from OG Venture Partners, TLV Partners, Poalim Equity, Future Energy Ventures, and Viola Growth, bringing Buildots' total funding to $166m. The company expects to expand its North American presence fourfold by the end of this year. The funding will support the expansion of Buildots' platform capabilities, which utilise advanced AI and computer vision technology to provide predictive analytics. These tools are stated to help construction teams reduce delays by up to 50% and unlock significant cost savings. Boaz Dinte, managing general partner at Qumra Capital, will join the Buildots board as part of the collaboration. This investment is expected to accelerate the expansion of the company's platform to cover more stages of the construction life cycle, with Buildots aiming to use historical data to benchmark and enhance project performance. Buildots CEO and co-founder Roy Danon said: "This investment is about transforming how construction is managed worldwide. "Achieving operational excellence will take time and require a major industry shift, but the potential impact is enormous. We're already seeing a shift from project-by-project tech adoption to long-term enterprise agreements, with multiple seven-figure deals signed so far this year. "As firms move from reactive to proactive management, the industry stands to unlock billions in cost savings and operational gains. That's the future we're building." Buildots stated that its client base includes general contractors and project owners such as The Turner Corporation, STO Building Group, JE Dunn Construction Group, Samet, Mortenson, Ledcor, and Pomerleau in North America. In the UK, the company claims to have established agreements with contractors such as Sir Robert McAlpine and has implemented with Wates, Kier, Multiplex, and IHP. Its European collaborations include VINCI Construction, NCC, Hochtief, GCC, and Bouygues Construction. The surge in construction of data centres, driven by advancements in AI, has also become a significant growth driver for Buildots. The company stated that Intel, a client and an investor, employs Buildots' technology to enhance operational efficiency in its global semiconductor fabrication programme. In December 2024, it was reported that The Novus, set to be the tallest residential building in North Carolina's Durham region, was also utilising Buildots' AI-driven construction technology through a partnership with Samet. "Buildots secures $45m funding to enhance AI-driven platform" was originally created and published by World Construction Network, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio
Globe and Mail
28-05-2025
- Business
- Globe and Mail
Blackline Safety Announces Fiscal Second Quarter 2025 Financial Results Conference Call
Blackline Safety Corp. (TSX: BLN), a global leader in connected safety technology, today announced it will release its fiscal second quarter 2025 financial results before markets open on Wednesday, June 11, 2025. Management will host a conference call and webcast to discuss the Company's financial results at 11:00 am ET the same day. Blackline Safety Corp. Fiscal Second Quarter 2025 Financial Results Conference Call When: Wednesday, June 11, 2025 Time: 11:00 am ET Webcast Link: Dial-in Instructions: Please dial in 5-10 minutes prior to the scheduled start time and ask to join the Blackline Safety Corp. earnings conference call. Canada/USA Toll Free: 1-833-821-3052 International Toll: 1-647-846-2509 A replay will be available after 2:00 PM ET on June 11, 2025 through July 11, 2025 by dialing 1-855-669-9658 (Canada/USA Toll Free) or 1-412-317-0088 (International Toll) and entering access code 3417383. About Blackline Safety: Blackline Safety is a technology leader driving innovation in the industrial workforce through IoT (Internet of Things). With connected safety devices and predictive analytics, Blackline enables companies to drive towards zero safety incidents and improved operational performance. Blackline provides wearable devices, personal and area gas monitoring, cloud-connected software and data analytics to meet demanding safety challenges and enhance overall productivity for organizations with customers in more than 75 countries. Armed with cellular and satellite connectivity, Blackline provides a lifeline to tens of thousands of people, having reported over 275 billion data-points and initiated over eight million emergency alerts. For more information, visit and connect with us on Facebook, X (formerly Twitter), LinkedIn and Instagram.
National Post
28-05-2025
- Business
- National Post
Blackline Safety Announces Fiscal Second Quarter 2025 Financial Results Conference Call
Article content Article content CALGARY, Canada — Blackline Safety Corp. (TSX: BLN), a global leader in connected safety technology, today announced it will release its fiscal second quarter 2025 financial results before markets open on Wednesday, June 11, 2025. Management will host a conference call and webcast to discuss the Company's financial results at 11:00 am ET the same day. Article content Blackline Safety Corp. Fiscal Second Quarter 2025 Financial Results Conference Call Article content When: Wednesday, June 11, 2025 Time: 11:00 am ET Webcast Link: Dial-in Instructions: Please dial in 5-10 minutes prior to the scheduled start time and ask to join the Blackline Safety Corp. earnings conference call. Article content A replay will be available after 2:00 PM ET on June 11, 2025 through July 11, 2025 by dialing 1-855-669-9658 (Canada/USA Toll Free) or 1-412-317-0088 (International Toll) and entering access code 3417383. Article content About Blackline Safety: Blackline Safety is a technology leader driving innovation in the industrial workforce through IoT (Internet of Things). With connected safety devices and predictive analytics, Blackline enables companies to drive towards zero safety incidents and improved operational performance. Blackline provides wearable devices, personal and area gas monitoring, cloud-connected software and data analytics to meet demanding safety challenges and enhance overall productivity for organizations with customers in more than 75 countries. Armed with cellular and satellite connectivity, Blackline provides a lifeline to tens of thousands of people, having reported over 275 billion data-points and initiated over eight million emergency alerts. For more information, visit and connect with us on Facebook, X (formerly Twitter), LinkedIn and Instagram. Article content Article content Article content Article content Contacts Article content Article content Article content
