Tag: ac grad

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AC Grad Miovision on Greenbiz.com: Fighting urban gridlock

trafficTraffic. Everyone would like less of it, and there are dozens of apps and services dedicated to helping city planners with everything from rerouting transit services to adjusting tolls during rush hours.

And don’t expect that momentum to fade anytime soon. Market research firm Gartner estimates spending on technology for intelligent transportation management at $151 billion by 2018.

Two startups in particular, Miovision Technologies and Urban Engines, are stepping on the accelerator with plans to put more of this information into the hands of city planners and commuters through broadly available cloud services.The former just scored another $24 million in venture financing to speed development, while the latter is publishing its mapping software so that cities and third-party developers can take advantage of its routing algorithms.

Read the full post here.

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AC Grad Miovision raises $30 Million to accelerate smart cities vision

Miovision Technologies, a fast-growing Kitchener company that develops technology for monitoring and controlling traffic signals, has secured $30 million in financing.

“We are pretty happy with the outcome,” chief executive officer Kurtis McBride said in an interview. “We have our sights set on being one of Canada’s iconic technology companies in the not-so-distant future.”

The “Series B” financing round, announced Wednesday, was led by MacKinnon, Bennett & Co., with participation from Investeco Capital, Renewal Funds, PlazaCorp Ventures and Comerica. It is among the biggest rounds of financing for a technology company in Waterloo Region, and is significant because most of the funds were raised in Canada.

Miovision was founded in 2005 by McBride and fellow University of Waterloo systems design engineering graduates Kevin Madill and Tony Brijpaul. It was the first startup to graduate from the Accelerator Centre incubator in Waterloo. The company’s sales have been growing between 60 and 80 per cent a year for the past six years. It will be hiring more staff to meet the increased demand expected with the pending launch of the new smart intersection technology.

To read the full article, click here.

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AC Grad NetSuite TribeHR launches new service

NetSuite’s 2013 acquisition of Waterloo, Ont.-based TribeHR provided an established human capital management (HCM) solution to add to NetSuite’s existing platform.

It is no surprise that NetSuite has further developed its HCM product offering with its recent launch of NetSuite Premier Payroll Service, fully integrated with TribeHR.

Consistent with NetSuite’s business approach of “One System For Your Entire Company”, the Premier Payroll Service supports NetSuite’s integrated business solutions across all operating systems. CRM, Accounting, Sales, HCM, all talk to one another, making reporting seamless, and decision making data rich, more reliable, and more effortless.

Using the reporting capacities within TribeHR, payroll administrative issues have been automated within Premier Payroll Service. TribeHR seamlessly populates the system, avoiding duplication of effort, saving administrative costs and time, and ensuring accuracy and reliability.

To learn more, click here.

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AC Grad Deep Trekker unveils DTX2 at Underwater Intervention

Deep Trekker has presented it’s new Remotely Operated Vehicle (ROV), the Deep Trekker DTX2, at the Underwater Intervention conference and exhibition in New Orleans.

This new ROV represents the first in a new line of subsea vehicles to complement the companies existing portable ROV line, the DTG2.

Rated for depths of up to 1000 feet and with speeds approaching 3.5 knots and over 28 lbs of thrust, the DTX2 is as powerful and strong as it is easy to use, the company explained.

To learn more, click here.

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AC Grad Clearpath Robotics de-mining robots are helping detect land mines in Portugal

Researchers from the University of Coimbra in Portugal are developing technology to detect mines and other explosive devices as part of a European Union (EU) project involving 26 partners, the university said in a statement issued on Tuesday.

The researchers in Coimbra, 175 km north of capital city of Lisbon, are already testing an adapted de-mining robot provided to the university by Canadian company Clearpath Robotics, following an international competition to seek out the best 10 entries out 150 submissions.

The robot was adapted with “a robotic arm that makes it possible to sweep the ground with mine detection sensors, such as metal detectors and ground-penetration radars,” said the team’s coordinator Lino Marques.

To make the robot more autonomous, the team “added a number of different sensors such as artificial vision cameras and laser sensors to measure distance, as well as artificial intelligence software, which makes it possible to understand the information from those sensors and to make decisions about the de-mining task, without human intervention,” Marques said.

There are an estimated 110 million land mines in over 70 countries across the world, according to Coimbra University, and developing autonomous robotic de-mining equipment is expected to save thousands of lives every year.

To read the full article, click here

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AC Grad TribeHR discusses life after acquisition

Joseph Fung was a founder and CEO of TribeHR, a human resources software company in Kitchener, which was acquired by NetSuite in October 2013. From the launch of TribeHR, with seven founders, to acquisition took only 2 ½ years. The experience was a good one for TribeHR, said Fung, now vice-president of Netsuite’s human capital management products.

“We were really, really fortunate,” he said.

Everyone at TribeHR had a nice windfall, but now the business is part of a publicly-traded company and decisions must be vetted by the legal, IT and security departments, Fung said.

To read the full article, click here.

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Human Care Systems continues global deployment of AC Grad Perspecsys to secure sensitive patient data

Perspecsys, the leader in enterprise cloud data protection gateway solutions, today announced that Human Care Systems is extending its successful European deployment of Perspecsys’ AppProtex Cloud Data Protection Gateway to power its growing Canadian operations. Human Care Systems initially selected Perspecsys’ solution because of its ability to provide the highest levels of data compliance and protection without impacting the usability and functionality of the cloud-based SaaS applications used by their business. Perspecsys’ advanced architecture and highly secure form of tokenization allows Human Care Systems to easily comply with an increasingly complex set of data governance requirements that are emerging around the globe while they enjoy the business benefits of using the latest SaaS cloud applications.

Human Care Systems is a leading provider of high-impact patient, physician and pharmacist support services for 15 of the top 20 pharmaceutical companies in the world. As a global leader in delivering patient personalized support, Human Care Systems delivers service and support solutions to maximize use of therapies, real world outcomes and evidence collected. “Cloud SaaS applications provide Human Care Systems with unmatched flexibility and the power to store and process sensitive medical data in a highly efficient and accessible platform,” said Andrew Taff, director of operations and technology.

To read the full article, click here.

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AC Grad Karos Health will demonstrate their cross-enterprise solutions at ECR in Vienna

Karos Health, a leader in standards-based clinical imaging exchange, cross-enterprise workflow and diagnostic imaging solutions, will demonstrate its solutions at the 2015 ECR Annual Meeting from March 4 to March 8 in Vienna.

At Karos we continue to improve and expand upon our product portfolio to address the challenges faced by healthcare institutions. At this year’s ECR we will follow a patient through the healthcare system during a real, complex, clinical scenario, demonstrating our new and expanded offerings and the enhancements to our platform.

To learn more, click here.

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Interview with AC Grad Clearpath Robotics' ethical stand against killer robots

Clearpath became more commonly known as killer robots, when it announced its stand to the world last summer.

From a publicity perspective, the move was certainly effective at putting the small but fast-growing Waterloo Region company on the world’s radar.

More than that, it reiterated the original values that brought Clearpath’s co-founders – Matthew Rendall, Ryan Gariepy, Patrick Martinson and Bryan Webb – together in 2008 to work on a project as mechatronics engineering students at the University of Waterloo.

The project, for a U.S. Army-funded competition to reduce war casualties, was to develop robots that could clear minefields – hence the name, Clearpath – without risking lives.

Six years later, with an 80-member team that’s set to grow to 140 over the next 18 months, Clearpath has emerged as the ethical standard-bearer for an industry trying to balance world-changing technological advancements against the implications of potential misuse.

To read the full interview, click here.

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AC Grad Titanfile to showcase file sharing and correspondence platform at LegalTech New York 2015

TitanFile Inc., a private correspondence and file sharing platform for legal professionals and other businesses, today announced that the company will be showcasing its one-of-a-kind, secure and user-intuitive cloud file sharing and communication platform for legal professionals at LegalTech New York in booth #537.

LegalTech New York will take place Feb. 3-5 at The Hilton New York and is the leading resource for law firms and legal departments to get hands-on, practical information for improving law practice management.

TitanFile provides control and auditability of all messages while managing documents and communications around client, matter or project — all neatly organized. TitanFile partners with Hitachi Credeon Cloud Data Protection to deliver its cloud file sharing solution to the legal market.

In addition to the New York office opening, the company also opened a Silicon Valley office earlier this month, and additional growth is planned in both of these markets for 2015.

To read the full article, click here.