NTT: supporting global enterprises in the new digital era
Joining NTT in 2014, Mo Meah currently holds the position of Client Partner at the Company. “NTT is a global ICT provider with a revenue of US$11bn. As the 11th largest company in the world, NTT’s focuses on supporting global enterprise companies that are looking to utilise the new digital era of intelligent solutions, both locally and regionally, as well as globally. NTT operates in over 50 countries, working with customers to build very long trusted relationships as a managed service provider,” comments Meah.
NTT’s relationship with CRU Group began four years ago, originating from an event hosted by NTT. “Cloud Expo allowed CRU Group to assess who they could go to market and who would support them in establishing a more agile and robust network. As part of a bid that we made, we managed to effectively deliver a brand new infrastructure for an environment to support their business and consolidate their connectivity across the globe. Our network has enabled them to communicate more effectively with both employees and customers,” comments Meah. As a result of this initial partnership, NTT has had the opportunity to branch out and unify CRU Group’s collaboration tools, which in turn has led to NTT looking at other areas of the business such as security cloud and making use of digital events. “So the relationship is hopefully moving in the right direction to support their future business needs. One of the key areas - obviously in this global pandemic that we're currently experiencing - is being able to support and work with their remote workers. So we were able to put together at very short notice the ability to allow employees to work from home,” he adds.
Mesh details that NTT’s partnership with CRU Group is one where they have been able to build a relationship. “We have worked closely with them to really understand where they're going as a business and being able to address some of those issues in terms of having better communication tools and allowing them the data and the voice to operate over one network interface. Our partnership makes their job a lot easier because they can rely on their trusted partner to worry about infrastructure, which allows them to concentrate on the key areas of actually optimising and being more effective in their business roles,” concludes Meah.
SafeAI attracts $21m funding as SmartMix AI tool launches
SafeAI is driving the transformation of the mining and construction industries through connected, autonomous sites. With chronic labour shortages, unsafe working conditions and frequent project delays, these industries are in a unique position to benefit from autonomy.
Unlike on-road applications of the technology, autonomous heavy equipment operates in controlled environments, which means companies can create smarter, safer, more productive project sites today that create meaningful, near-term impact.
“We are at a tipping point for autonomous heavy equipment,” said Bibhrajit Halder, founder and CEO at SafeAI. “We’ve proven that autonomy makes work sites significantly safer and more productive; now, we are on the cusp of mass adoption. Together with our valued partners, customers and investors, we’re poised to deploy autonomy in off-road industries like construction and mining, at scale, to rethink the way heavy industry operates.”
Heavy industry is a large, growing global market, ripe for disruption. The construction equipment market alone is valued at $140 billion, and expected to increase to $175 billion by 2025; construction-related spending accounts for a staggering 13% of global GDP, or $11.5 trillion.
But there remains significant room for growth; in construction alone, higher productivity could create an estimated $1.6 trillion in additional value. With just 25% of the infrastructure needed by 2050 in existence today, autonomy can bridge this productivity gap with greater efficiency and 24/7 operations. SafeAI is at the forefront of this transformation.
“There’s a tremendous amount of excitement in the autonomy space today; but it’s clear the biggest opportunity for this technology is off-road,” said Mark Blackwell, General Partner at Builders VC. “With its industry-leading autonomous software, scalable retrofit approach and partner ecosystem, SafeAI is uniquely poised to capitalize on this opportunity. We’re proud to support the company in its next chapter of growth as demand for autonomous heavy equipment continues to skyrocket.”
New investors LTC, DG Ventures, MACA and Vimson Group, and existing investors Autotech Ventures, Brick and Mortar Ventures, Embark Ventures, Monta Vista Capital and Obayashi Corporation, also participated in the round. The funding comes on the heels of a year of rapid growth for SafeAI, including new partnerships with Obayashi, Goodyear and Macnica, and expansion into Australia’s booming mining market.
A pilot program with Obayashi Corporation last November saw a Caterpillar 725 articulated dump truck autonomously complete a vital on-site function and carry out load-haul-dump cycles.
Giatec debuts SmartMix AI tool
Giatec has debuted what it claims is the world's first concrete AI tool for producers, SmartMix. The web-based AI tool allows producers to optimise concrete ingredient proportions, reduce cement usage, and predict the performance of their mixes while still meeting project specifications.
Giatec believes this tool will lower Greenhouse Gas emissions resulting from concrete production by 400 million tons annually, the equivalent of taking 110 million cars off the road.
SmartMix builds on Giatec's first AI software program Roxi, which has collected millions of data points from the company's SmartRock wireless concrete sensors across 8,000 projects and 80 countries.
Giatec's head of research and development, Andrew Fahim, said the new technologies are going to pave the path forward for the industry to meet increasing infrastructure demands.