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2Quip Brings Equipment Rental Industry Into 21st Century with Launch of AI-Powered Marketplace

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The new release includes a rental protection plan, AI-powered listing and search, and business activation subscription services to help equipment owners build and scale their businesses.

KANSAS CITY, Mo., Aug. 6, 2024 /PRNewswire-PRWeb/ — 2Quip, the world’s fastest-growing peer-to-peer equipment-sharing marketplace, today announced the launch of their ‘Platform 3.0’ with a range of services and AI-powered features that establish the company’s position as an equipment-sharing leader, in a large and growing $127.9B total addressable market. 2Quip’s equipment-sharing platform revolutionizes the equipment industry by connecting owners burdened with underutilized assets and high costs with renters constrained by limited, inconvenient, and expensive traditional rental options. 2Quip 3.0 provides AI-powered equipment listing and search, empowering equipment renters to complete their projects and equipment owners to generate income on unused equipment.

“Equipment ownership is only getting more expensive and the antiquated rental experience isn’t keeping pace with what today’s generations are demanding,” says CEO and co-founder Mark Costa. “I’m excited by the potential of 2Quip’s AI-powered, equipment-sharing marketplace to transform the industry.”

“Equipment ownership is only getting more expensive, says CEO and co-founder Mark Costa. “The inflation-driven cost of tools paired with storage, maintenance, and supply-chain headaches makes equipment ownership ever more challenging. It’s hard to justify if you don’t have the proper utilization rates, but you’re stuck because you still need the equipment to do your job. The only other option is to use antiquated rental services that lack the modern, streamlined, on-demand experience that today’s generations have come to expect. I’m thrilled about the launch of 2Quip 3.0 as a new way to use tools and equipment to build a better project, a better business, a better life.”

Several key updates put 2Quip’s diverse inventory of tools and compact equipment on the map: AI-powered listing capabilities allow equipment hosts to quickly and accurately list and optimize their equipment rentals; Unlimited AI-enhanced search gives users the ability to browse and sort a range of equipment rapidly — from heavy-duty earth movers to the latest mowers — is the first of its kind in the compact equipment sharing space; Rental Protection Plan covers damages incurred during rentals and ID verification and fraud protection via Stripe integration provides added assurance. A range of support resources are being offered for new and existing customers, including how-to guides, video tutorials, and customer success teams available 24/7 to answer questions and guide through their revamped search and listing process.

The company also unveiled several differentiating features to empower its hosts to build highly profitable, scalable businesses with their business activation subscription services. Rather than leaving users to find success on their own, 2Quip guarantees it by supporting them with experts from 2Quip’s success team to manage marketing, advertising, contract negotiation, equipment searches, equipment listing, and more – creating a win-win for equipment renters and entrepreneurial hosts. Added seats are included in Growth and Business tiers, allowing hosts to invite co-hosts to manage pricing, availability, and rental details while maintaining 2Quip’s commitment to safety. The 2Quip subscription model includes three tiers: Starter (free) with transaction fees, Growth ($49 monthly), and Business ($249 monthly) with reduced transaction fees and increased marketing and business support for 2Quip entrepreneurs. All existing users will receive 90 days of Growth tier free of charge and 50% off any tier annually.

“We don’t define success by number of users or listings. We define it by how many transactions we generate, which is a proxy for how many people we are making successful. I’m super excited about the launch of Business Activation Services. Our hosts have strong drive and hustle – with this unparalleled level of tools and support, they can achieve their goals. There’s so much success to be unlocked by empowering our entrepreneurs. It is a true win/win,” says Heidi Darling, chief marketing officer.

Anyone in North America can now list and rent at www.2quip.com; however, 2Quip’s go-to-market strategy is focused on pilot cities with the highest rates of tool and equipment rentals, construction growth, and strong renter preference to ensure robust inventory, customer support, and demand. 2Quip is focused on building infrastructure in Kansas City, Houston, Dallas, Austin, Los Angeles, the Bay Area, and Miami in 2024. Their roadmap shows regional growth in 2025, followed by national expansion and a European pilot in 2026.

Starting today, finding and renting the perfect equipment has never been easier with 2Quip 3.0.

ABOUT 2QUIP

2Quip is a leading peer-to-peer equipment-sharing platform revolutionizing how individuals and businesses access and monetize tools and equipment. By connecting equipment owners with underutilized assets to renters seeking affordable, convenient solutions, 2Quip provides a modern, streamlined, and on-demand rental experience. The platform leverages AI-powered listing and search capabilities, ensuring a seamless and efficient process for owners and renters. With a commitment to empowering entrepreneurs and fostering a supportive, collaborative community, 2Quip is dedicated to shifting the $127.9B equipment rental market into a more sustainable, accessible, and renter-centric experience.

More information about 2Quip is available at www.2quip.com

Media Contact

HEIDI DARLING, 2Quip, 1 4153024777, hdarling@2quip.com, www.2quip.com

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SOURCE 2Quip

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Huawei Launches Over 20 All-New Xinghe Intelligent Network Offerings to Amplify Industrial Intelligence

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September 21, 2024

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SHANGHAI, Sept. 21, 2024 /CNW/ — During HUAWEI CONNECT 2024, Leon Wang, President of Huawei’s Data Communication Product Line, announced more than 20 all-new Xinghe Intelligent Network offerings globally at the summit themed “Xinghe Intelligent Network, Amplify Industrial Intelligence”. These purpose-built offerings contribute to an AI network ecosystem and help customers seize opportunities for intelligent development and maximize intelligent productivity.

With the development of AI technologies, the world is advancing from digital transformation to intelligent transformation. All industries are quickly adopting AI technologies to create new use cases, for example, self-driving cars, intelligent diagnosis and treatment, and intelligent train inspection. All of these are significantly improving the efficiency and experience of our work and daily lives.

The advent of the intelligent era is driving networks into intelligent ones. Huawei has been making joint efforts with partners to lead research and practices of intelligent networks. That’s why Huawei constantly upgrades its Xinghe Intelligent Network offerings to help customers grasp opportunities for intelligent development, build new intelligent network infrastructure, and maximize intelligent productivity in the intelligent era. Key highlights include the following:

Xinghe Intelligent Campus focuses on AI-enabled, experience-centric campus network construction, ensuring zero freezing for audio and video applications, zero degradation on services, and zero waiting for interactions.Xinghe Intelligent WAN introduces a wide range of intelligent technologies to intelligently schedule millions of flows and precisely optimize service experience.Xinghe Intelligent Fabric adopts the AI Turbo engine to improve network throughput, enhancing foundation model training efficiency.Xinghe Intelligent Network Security integrates AI technologies into network security detection, accurately and rapidly identifying threats.

To support network solutions in various scenarios, Huawei released more than 20 featured offerings globally. Examples include the industry’s first 100 Tbps fixed-form Ethernet data center switch, the industry’s first 51.2 Tbps liquid-cooled fixed-form data center switch, the industry’s first AI router, high-quality 10 Gbps campus switches and Wi-Fi 7 APs, Intelligent SASE Branch Security Solution, and the industry’s first IP Autonomous Driving Network Solution. All these offerings are designed to help customers with greater business returns.

As the intelligent era calls for intelligent networks, Huawei will continue to drive the development of intelligent networks and upgrade its Xinghe Intelligent Network products and solutions, ultimately helping global customers to stride towards the intelligent era and reap more benefits.

View original content to download multimedia:https://www.prnewswire.com/news-releases/huawei-launches-over-20-all-new-xinghe-intelligent-network-offerings-to-amplify-industrial-intelligence-302254757.html

SOURCE Huawei

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HUAWEI CONNECT 2024 | Huawei Unveils the Brand-New Xinghe Intelligent Fabric Solution, Powering the AI Era

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September 21, 2024

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SHANGHAI, Sept. 21, 2024 /PRNewswire/ — At HUAWEI CONNECT 2024, over 300 industry leaders, experts, and scholars gathered for the data center network session themed “Xinghe Intelligent Fabric, Powering the AI Era.” The event featured discussions on the evolution and technological advancements of data center networks. During the session, Arthur Wang, President of Data Center Network Domain at Huawei’s Data Communication Product Line, introduced the newly upgraded Xinghe Intelligent Fabric solution. This cutting-edge solution aims to establish a data center network characterized by one map for intelligent operations and maintenance (O&M), one network for diverse computing, and one platform for simplified deployment, providing a robust network infrastructure to support enterprises’ digital and intelligent transformations.

In his keynote speech, Arthur Wang outlined the emerging trends in data center network development. He emphasized that in the AI era, data center networks require both a “brilliant brain” and “resilient bones.” The newly launched Xinghe Intelligent Fabric solution is designed to deliver a powerful network infrastructure tailored for the AI era, featuring:

One Map for Intelligent O&M: Zero Management Concerns

Huawei’s exclusive network digital map enables rapid cross-data center and cross-vendor fault identification within minutes. Additionally, the NetMaster network large model facilitates AI-driven O&M, eliminating manual intervention and ensuring zero management concerns.

One Network for Diverse Computing: Zero Service Interruptions

The Xinghe Intelligent Fabric supports various application scenarios, including intelligent computing, general-purpose computing, and storage. The innovative Network Scale Load Balancing (NSLB) algorithm increases network throughput to 95% and boosts AI training efficiency by over 10%. With the exclusive iReliable three-level fast switchover capability, it achieves sub-millisecond switchover, guaranteeing zero service interruptions.

One Platform for Simplified Deployment: Zero Configuration Errors

By employing digital twins to simulate networks in advance and verify configurations post-deployment, the solution ensures 100% accuracy in network changes. By harnessing network-security convergence capabilities, AI creates an intelligent security matrix to analyze millions of security policies, achieving zero configuration errors.

Looking ahead, Huawei will continue to collaborate with industry partners to enhance research and innovation in data center networks, promote intelligent upgrades, and create greater value for the industry.

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SOURCE Huawei

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Cultivating a Culture of Peace: International Day of Peace Statement by Education Cannot Wait Executive Director Yasmine Sherif

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5 hours ago

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September 21, 2024

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NEW YORK, Sept. 21, 2024 /CNW/ — The longing for peace transcends time, geography and religion. Based on justice, human rights and universal values outlined in the UN Charter, a culture of peace brings us all together in our common agenda for humanity. We can only co-exist by aligning ourselves with such a world order.

On today’s International Day of Peace, we call on world leaders to end conflict and embrace a culture of peace as enshrined in the UN Charter and related international law.

As the UN General Assembly outlined in the Declaration and Programme of Action on a Culture of Peace  a quarter of a century ago, this must include: “Respect for life, human rights and fundamental freedoms; the promotion of non-violence through education, dialogue and cooperation; commitment to peaceful settlement of conflicts; and adherence to freedom, justice, democracy, tolerance, solidarity, cooperation, pluralism, cultural diversity, dialogue and understanding at all levels of society and among nations.”

Educating for peace starts at home and continues in school through years of education. This takes place during the most formative years of a child learning about their identity, ethics, values, conscience, courage and compassion. Wherever there has been a failure in imparting on children the imperative for peace, the world is turned upside down. This is a global failure with no geographical boundaries.

Today, we live in a world of unprecedented violence, armed conflict and chaos. All the genuine and heartfelt commitments made in 1945 in the UN Charter seem to be fading away. Children and adolescents are the most vulnerable, the least protected, and the most impacted. They bear the brunt. 

Global conflicts killed three times as many children in 2023 than in the previous year, according to the United Nations. The number of forcibly displaced people reached an unprecedented 120 million in May 2024.

“In 2023, the United Nations verified a record 32,990 grave violations against 22,557 children in 26 conflict zones, a 35% increase from the previous year,” according to recent analysis by the UN.

We can end these violations and invest in a constructive co-existence globally. We can use our resources for education, rather than for wars. In classrooms around the world, girls and boys who have withstood the wrath of war can rebuild their hopes and their lives. Cultivating a culture of peace is possible. The financial resources exist. The choice as to how we use them is ours.

View original content to download multimedia:https://www.prnewswire.com/news-releases/cultivating-a-culture-of-peace-international-day-of-peace-statement-by-education-cannot-wait-executive-director-yasmine-sherif-302254413.html

SOURCE Education Cannot Wait

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