Month: June 2022

FourKites scores highest in 3 out of 5 Use Cases in the Companion 2022 Gartner® Critical Capabilities for Real-Time Transportation Visibility Platforms report

CHICAGO, June 01, 2022 (GLOBE NEWSWIRE) — FourKites^®, the world’s leading real-time supply chain visibility platform, today announced that, for the second consecutive year, the company has been named a Leader in the 2022 Gartner Magic Quadrant for Real-Time Transportation Visibility Platforms* (RTTVPs). Out of 11 vendors evaluated in this report, FourKites is the only company positioned in the Leaders quadrant with the furthest Completeness of Vision.

In addition, FourKites scored the highest for Fortune 500 businesses with complex needs. According to the 2022 Gartner^® Critical Capabilities for Real-Time Transportation Visibility Platforms, which “provides deeper insight into providers’ product and service offerings by extending the Magic Quadrant analysis”, FourKites ranked #1 in three of the five most advanced Use Cases.**

FourKites, the largest global visibility solution, tracks 2.5 million shipments per day across all modes and connects the global supply chains of 50% of the Fortune 500, including customers such as Cardinal Health, Bayer, Henkel, Dow, AB InBev, Cargill, Henkel, Coca-Cola, Constellation Brands, 3M, RHI Magnesita and Eastman. Over the last 12 months, FourKites has achieved over 40% YoY growth in global customers, nearly 80% growth in total shipments and 78% growth in connected facilities, the latter of which now total over 2.3 million individual facilities around the world.

“The new Gartner reports are clear: Real-time visibility is a must-have technology for any supply chain,” said Mathew Elenjickal, founder and CEO of FourKites. “FourKites is unwaveringly focused on developing solutions that specifically target our customers’ biggest pain points and add real business value. We’re proud to be recognized by Gartner as the industry’s visionary and the solution of choice for large enterprises with complex needs.”

What Customers Are Saying on Gartner^® Peer Insights™
FourKites’ unique customer-driven innovation model continues to yield breakthrough capabilities at a rapid clip, underpinning the company’s top-rated ability to serve the world’s largest enterprises.

“FourKites’ platform is complete and mature from an ocean, rail and truck tracking perspective but they offer so much more when you start to look at their Yard Management and Appointment Scheduling tools. Their onboarding and customer success teams are professional and helpful. They are our partners in this ongoing journey.” — Supply Chain Professional, Retail

“[The things we like most about FourKites are:] 1. Ease of use and reporting functions that users can tailor to their needs. 2. Visibility platform that allows supply chain personnel to make decisions quickly to service our customers. 3. Product has been so successful here in the US that we are looking to expand to our international affiliates and offices.” — Director, Transportation & Logistics

“The Platform is exceptional in the volume of detailed information provided. The FourKites team was very detailed in their explanation of the system and the training they provided. The level of support from FourKites is outstanding. The continued assistance/follow-up from them has been out of the ordinary. The system continues to offer additional data to improve Ventura’s service to the customer.” — Carrier Capacity & Development Manager, Manufacturing

“Our implementation of FourKites was completed in less time than anticipated. Overall, the project was handled very well by the various teams and the FourKites team was probably the best implementation team I have worked with in a project of this scope and size.” — Supply Chain Professional

“FourKites has been a great company to partner with. They have a strong customer service focus and tend to take product feedback through development to production surprisingly quickly. Their core tracking platform, while sophisticated, is remarkably intuitive and they seem to have an eye for end user experience in everything they produce.” — Transportation Sr. Manager, Manufacturing

FourKites Continues to Drive Unmatched Innovation
Amid another year of constant supply chain disruption, FourKites doubled-down on its customer-driven innovation model, as it welcomed nearly 80 customers to its new Innovation Partner Program. In 2021 alone, FourKites delivered more than 185 new products and features, nearly 40% of which were driven by Innovation Partners. Some of the company’s more recent innovations include:

• Dynamic ETA® for Ocean, which provides shippers, carriers and 3PLs with the market’s most accurate ETAs — 20% to 40% more accurate than carrier-generated figures — for ocean shipments across more than 270 lanes and 120 carriers worldwide.
• Dynamic ETA® for Air, which enables real-time visibility into 100% of air freight, with extremely accurate predictive ETAs.
• A major upgrade to Dynamic Yard®, which enables highly accurate and granular data down to the level of individual SKUs. Customers are seeing up to 30% improvement in workforce efficiency, 40% better dock throughput, and 40% to 80% reduction in detention costs.
• Universal Appointment Manager rollout in Europe and APAC, which helps warehouses, distribution centers and manufacturing facilities collaborate efficiently on pickup and receiving time slots to eliminate excess dwell time on site, reduce detention fees and cut carbon emissions.
• Order Intelligence Hub, which integrates order data, multi-modal load information, yard shipments, inventory visibility and other critical third-party systems to provide a new single-pane-of-glass view of the entire lifecycle of every order.
• A Net Zero initiative to help the world’s leading companies achieve their organizational goals to reduce supply chain emissions.
• An award of U.S. Patent No. 11,017,347 for Smart Forecasted Arrival, which provides companies with highly frequent and accurate ETAs for freight in transit, even when that truck lacks any technology to transmit location data.

In addition, last year FourKites was the sole supply chain company named an AI Trailblazer by Everest Group; was one of only four Transportation and Logistics companies to receive Inc.’s Best in Business Award; was one of The Software Report’s Top 100 Software Companies of 2021; and was named a Top Green Provider by Food Logistics.

* Gartner, Magic Quadrant for Real-Time Transportation Visibility Platforms, Carly West, 25 May 2022.

** Gartner, Critical Capabilities for Real-Time Transportation Visibility Platforms, Carly West, 24 May 2022.

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About FourKites
FourKites^® is the #1 global supply chain visibility platform, extending visibility beyond transportation into yards, warehouses, stores and beyond. Tracking more than 2.5 million shipments daily across road, rail, ocean, air, parcel and courier, and reaching more than 200 countries, FourKites combines real-time data and powerful machine learning to help companies digitize their end-to-end supply chains. More than 1,000 of the world’s most recognized brands — including 9 of the top-10 CPG and 18 of the top-20 food and beverage companies — trust FourKites to transform their business and create more agile, efficient and sustainable supply chains. To learn more, visit https://www.fourkites.com/.

Media Contacts
Marianna Vyridi
Big Valley Marketing for FourKites
(650) 468-3263
mvyridi@bigvalley.co

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/7f86f13d-6f0b-4168-99bd-fa29a20e9703

KANSAS CITY, Missouri, June 01, 2022 (GLOBE NEWSWIRE) — Vytelle announces the release of the Top 150 Proven Bulls. Together, with more than 30 of their network partners, Vytelle is sharing high accuracy bulls that have risen to the top of more than 94,000 animals of 25 different breeds and more than 289,000 RFI EPDs.

“Cattle producers need to be able to replicate the right genetics now,” said Kerryann Kocher, Chief Executive Officer for Vytelle. “Through Vytelle’s integrated technology platform, the reality of making reliable data-driven decisions is now. Vytelle and our network partners, are publishing this list of feed efficient bulls to assist cattle producers globally in driving a more accurate mating selection decision.”

Bulls appearing within the pages of the Top 150 Proven Bulls list must meet the following criteria:

• A minimum of a three-generation pedigree
• Residual Feed Intake (RFI) EPD accuracy of 0.6 or higher
• Animal or progeny were tested on a Vytelle SENSE system

Vytelle curates the world’s largest multi-breed database. Each phenotyped animal strengthens the database providing producers insight to make profit-bearing decisions regarding selection for feed efficiency and performance.

“The selection possibilities for breeders across the globe are endless,” commented Lisa Rumsfeld, Vice President of International Commercial Operation for Vytelle. “As part of a balanced program, selecting cattle for feed efficiency using residual feed intake, can directly impact the bottom line as 70 percent of a beef producer’s total cost is feed. Our partners are enjoying a growing interest in their programs, identifying marketing premiums associated with feed efficiency and methane emissions reduction claims.”

Phenotypic data captured through the Vytelle SENSE system measures both individual animal feed intake and weight in parallel while cattle remain in their pens. The Feed Intake Nodes measure feed disappearance every second an animal is feeding, each time an animal feeds, to a 10-gram resolution. The In-Pen Weighing Positions measure individual animal partial body weight and growth. It weighs every second an animal is standing at the water trough, which can equate up to 450 weights a day.

To find the full listing of the 2022 Top 150 Proven Bulls, visit https://vytelle.com/breeding-values/.

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About Vytelle

Vytelle is a precision livestock company reshaping how cattle producers worldwide optimize their herds. Through Vytelle’s integrated technology platform, generations of genetic gains can be made in just a few years. This allows producers to sustainably deliver more protein with fewer inputs, helping to ensure meat and milk are viable, competitive food choices for future generations.

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• Precision livestock company, Vytelle, releases the Top 150 Proven Bulls.

Danielle Starr
Vytelle
danielle.starr@vytelle.com

FDA Approves Genio® 2.1 For Use in DREAM U.S. IDE Pivotal Study 

New smartphone application, upgraded activation chip, improved user interface, and stimulation amplitude trimming enhance patient experience and comfort

Mont-Saint-Guibert, Belgium – June 1, 2022, 10:30pm CET / 4:30pm ET – Nyxoah SA (Euronext Brussels/Nasdaq: NYXH)(“Nyxoah” or the “Company”), a medical technology company focused on the development and commercialization of innovative solutions to treat Obstructive Sleep Apnea (OSA), today announced that the U.S. Food and Drug Administration (FDA) has approved the use of Nyxoah’s next generation Genio® 2.1 system for use in the Company’s DREAM U.S. IDE pivotal study. Genio® 2.1’s upgrades are entirely related to the external components of the Genio® system, as the implantable stimulator remains unchanged.

Genio® 2.1 further demonstrates Nyxoah’s patient-centric approach to addressing the needs of those suffering from moderate-to-severe OSA. The system features updates to the Genio® activation chip and a new smartphone application to enable daily reporting of therapy usage, which will support therapy acclimation and long-term compliance. Additional features of Genio® 2.1 include an improved user interface and the ability for clinicians to make more incremental stimulation adjustments. This is particularly meaningful for patients who are more sensitive to neurostimulation, as with Genio® 2.1 physicians can fine-tune stimulation amplitude to determine the optimal level of comfort for patients without compromising therapy efficacy.

“Genio® 2.1’s features, along with existing full-body 3.0T MRI compatibility, illustrate Nyxoah’s patient-first mission in OSA product development,” commented Olivier Taelman, Nyxoah’s Chief Executive Officer. “The updated activation chip and new smartphone app, combined with our upgraded user interface and increased stimulation resolution, represent key next steps in optimizing patient outcomes. We are excited to make these important new features available to patients in our DREAM trial.”

About Nyxoah
Nyxoah is a medical technology company focused on the development and commercialization of innovative solutions to treat Obstructive Sleep Apnea (OSA). Nyxoah’s lead solution is the Genio® system, a patient-centered, leadless and battery-free hypoglossal neurostimulation therapy for OSA, the world’s most common sleep disordered breathing condition that is associated with increased mortality risk and cardiovascular comorbidities. Nyxoah is driven by the vision that OSA patients should enjoy restful nights and feel enabled to live their life to its fullest.

Following the successful completion of the BLAST OSA study, the Genio® system received its European CE Mark in 2019. Nyxoah completed two successful IPOs: on Euronext Brussels in September 2020 and NASDAQ in July 2021. Following the positive outcomes of the BETTER SLEEP study, Nyxoah received CE mark approval for the expansion of its therapeutic indications to Complete Concentric Collapse (CCC) patients, currently contraindicated in competitors’ therapy. Additionally, the Company is currently conducting the DREAM IDE pivotal study for FDA and US commercialization approval.

For more information, please visit http://www.nyxoah.com/.

Caution – CE marked since 2019. Investigational device in the United States. Limited by U.S. federal law to investigational use in the United States.

Contacts:
Nyxoah
Loic Moreau, Chief Financial Officer
corporate@nyxoah.com
+32 473 33 19 80

Jeremy Feffer, VP IR and Corporate Communications
jeremy.feffer@nyxoah.com
+1 917 749 1494

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• ENGLISH_Genio 2.1 Approval PR_FINAL

Rich Della Rocca to retire from Verisk, effective July 1

JERSEY CITY, N.J., June 01, 2022 (GLOBE NEWSWIRE) — Verisk (Nasdaq: VRSK), a leading global data analytics provider, today announced that Maroun Mourad will succeed Rich Della Rocca as President, Claims Solutions, upon his retirement, effective July 1, 2022.

“We have a deep and talented bench of executives at Verisk, and Maroun was selected from a strong group of diverse internal candidates,” said Mark Anquillare, Verisk president and COO. “Maroun’s entrepreneurial spirit and customer-centricity will undoubtedly prove valuable in revolutionizing the claims function in support of our customers and for the benefit of the industry.”

Mourad joined Verisk as Senior Vice President, Commercial Lines, in 2015. He quickly advanced to President, ISO Commercial Lines, in 2017 and President, Global Underwriting, in 2020. When Verisk established its new Life & Growth Markets division in Underwriting, Mourad was a natural choice for its president. In just a few years, Mourad has built a world-class management team and solidified Verisk’s position in the UK general insurance and life, health and travel markets through strategic acquisitions and organic growth. In addition, the innovation of Verisk’s commercial underwriting team has driven greater customer results under his leadership.

“I couldn’t be more excited to lead our claims organization into the future, building on a rock-solid foundation across our teams, businesses and geographies,” Mourad said. “The claims function is the ultimate customer-facing unit for any insurer. I look forward to exploring ways to further support our customers. One way we’ll do this is by increasing our focus on holistic solutions across process automation, technology and analytics to support this most important function.”

Della Rocca is retiring from Verisk after 27 years with the company, having served the past two as president of claims.

“Rich helped to build an integrated and increasingly global claims business with solutions for claims fraud detection, property estimating, auto and casualty solutions – with proprietary data and innovative technologies as the foundation,” Anquillare said. “We are grateful for his many contributions and leadership over the years, and we wish him all the best in this next exciting chapter of his life.”

Mourad’s biography can be found here.

About Verisk 
Verisk (Nasdaq: VRSK) provides data-driven analytic insights and solutions for the insurance and energy industries. Through advanced data analytics, software, scientific research and deep industry knowledge, Verisk empowers customers to strengthen operating efficiency, improve underwriting and claims outcomes, combat fraud and make informed decisions about global issues, including climate change and extreme events as well as political and ESG topics. With offices in more than 30 countries, Verisk consistently earns certification by Great Place to Work and fosters an inclusive culture where all team members feel they belong. For more, visit Verisk.com and the Verisk Newsroom.

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Media Contact
Ali Herbert
Ali.Herbert@verisk.com
201-469-3998