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ASCO Announces First-of-its-Kind Isolation Switch Adding Safety and Control for BESS Emergency Power

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New SourcePacT solution is the first Isolation Switch to receive UL 3008 Listing for rugged and reliable performance

FLORHAM PARK, N.J., Sept. 26, 2024 /PRNewswire/ — ASCO Power Technologies announces that SourcePacT™, the first Source Isolation Switch to enable Battery Energy Storage Systems (BESS) to provide emergency power to critical loads, is now the first device listed to UL 3008. This listing verifies the capability of this switch to offer high levels of reliability and power availability through rigorous testing as required by the standard.

New SourcePacT solution is the first Isolation Switch to receive UL 3008 Listing for rugged and reliable performance

SourcePacT is the new off-the-shelf device that streamlines BESS deployment by eliminating the need for custom engineering. SourcePacT’s new UL 3008 listing assures that users experience the same robust and reliable performance traditionally associated with UL 1008 transfer switches for mission-critical backup power applications. A BESS can provide backup facility power only if that BESS and its critical loads can be isolated from the utility grid. Until now, this required designing a facility-specific multi-device solution for every application.

“ASCO takes pride in unveiling the first isolation switch that ensures code compliance and seamless operation with standardized equipment, maximizing reliability,” said Robert Benavidez, Sales Executive at ASCO Power Technologies. “SourcePacT is a valuable addition to the product line, opening doors for enhanced sustainability and uninterrupted power supply opportunities.”

In function, SourcePacT is to a BESS what a UL 1008-listed transfer switch is to a backup generator set. For decades, UL 1008 – Transfer Switch Equipment has specified tests for overload and short circuit currents and for heat rise, then required thousands of operations under demanding conditions to ensure longevity. The new UL 3008 standard specifies similar tests for grid isolation equipment. With its new UL 3008 listing, SourcePacT offers engineers, equipment distributors, equipment dealers, installation contractors, and end-users the same assurance of rugged and reliable performance for deploying BESS in mission-critical emergency power applications.

SourcePacT interfaces with any UL 1741-listed inverter that can accept Form-C contacts to toggle between Grid-Tie and Grid-Forming operations in BESS. It can be applied in BESS/inverter-only architectures to enhance sustainability, and it can be paired with a generator to balance sustainability and power resilience for critical loads. It can also enable facilities to run Battery First, where energy is stored when it is available at a low cost and then used when the cost of competing sources is higher.

With SourcePacT, facilities can prioritize using stored power from “green” sources such as solar for backup purposes while retaining the ability to use a backup generator when utility outage durations exceed BESS reserves. This flexibility makes SourcePacT a key solution for extending resilience, improving sustainability, and maximizing the value of every dollar invested in a BESS application. “Inverter-based power sources are being widely deployed and most outages are of short duration,” said Victor Bonachea, ASCO Product Strategy Director. “SourcePacT is the perfect solution for leveraging BESS benefits to maximize power resilience, optimize costs, and enhance sustainability.”

“The New Energy Landscape is here and SourcePacT will play a critical part in streamlining the deployment of inverter-based backup power sources,” said Victor Bonachea Product Strategy Director, ASCO Power Technologies. “Our customers now have a source isolation switch that streamlines code compliance for critical applications, simplifies installation and commissioning, and maximizes reliability.”

SourcePacT is available to order now. Visit the SourcePacT webpage and contact your local ASCO representative to learn more.

About Schneider Electric

Schneider’s purpose is to empower all to make the most of our energy and resources, bridging progress and sustainability for all. We call this Life Is On.

Our mission is to be your digital partner for Sustainability and Efficiency.

We drive digital transformation by integrating world-leading process and energy technologies, end-point to cloud connecting products, controls, software and services, across the entire lifecycle, enabling integrated company management, for homes, buildings, data centers, infrastructure and industries.

We are the most local of global companies. We are advocates of open standards and partnership ecosystems that are passionate about our shared Meaningful Purpose, Inclusive and Empowered values.

www.se.com

Hashtags: #PressRelease #PowerProducts #DesignFirm #UL

 

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SOURCE ASCO Power Technologies

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Government of Canada leverages new technologies to improve HR and pay operations and support employees

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GATINEAU, QC, Oct. 2, 2024 /CNW/ – The Government of Canada is committed to supporting employees and resolving outstanding pay issues for federal public servants while working to improve their overall human resources (HR) and pay experience. Pay issues that employees continue to face are unacceptable and it is our top priority to resolve them.

Today, the second quarterly progress report was published, which provides an update on ongoing progress related to HR and pay. This summer, we have been working on various projects to better support employees, while also improving current operations and continuing to explore a new HR and pay solution. The report includes details on:

Pay Centre virtual assistant;MyGCPay improvements;Dayforce user awareness sessions;New Case Client Relationship Management tool

In 2021, we began exploring and testing the Dayforce solution, a viable option for the next modern HR and pay system. This fall, we started the Dayforce user sessions to provide public servants with an opportunity to try Dayforce and provide their feedback.

To help resolve pay issues and improve our operations, we launched various HR and pay initiatives, such as a new artificial intelligence (AI) based virtual assistant to support compensation advisors and significantly reduce processing times. We are also in the early stage of exploring options for a new and modern Case Client Relationship Management tool, which will allow for more efficient management of pay transactions.

The Government of Canada will continue engaging with employees and stakeholders while working on various initiatives to support its employees, resolve HR and pay issues, and make progress on exploring a possible replacement for Phoenix. Quarterly updates on the progress of HR and pay projects will also be provided.

Quote

“We are improving our current operations to better serve federal public servants, while working towards a new HR and pay system that meets our needs now and into the future.  It is our responsibility to ensure public servants are paid accurately and on time.”

The Honourable Jean-Yves Duclos
Minister of Public Services and Procurement and Quebec Lieutenant

“All public service employees deserve to be paid accurately and on time. As we work on improvements to our systems by reducing the number of HR systems in the core public administration and facilitating automation, we will work closely with bargaining agents to simplify overall human resources processes for employees, managers and pay practitioners.”

The Honourable Anita Anand
President of the Treasury Board and Minister of Transport

Quick facts

$135 million was allocated in Budget 2024 to explore a new HR and pay solution for 2024-25, $112.1 million is allocated to PSPC and $22.7 million is allocated to TBS. The total includes an allocation of $85 million to amend the contract with Dayforce to continue to expand testing and design the system to our specific needs.The current HR and pay systems are used to deliver pay to over 430,000 current and former public servants from over 100 departments and agencies. In 2023, this represented approximately 13.1 million payments, totalling approximately $36 billion.So far in 2024, we’ve achieved an enterprise-wide average biweekly payroll accuracy of 97.8%The Public Service Pay Centre provides pay services for 49 organizations serving over 250,000 clients.As part of Budget 2024, the Government of Canada allocated an additional $135 million to expand testing and design of a new HR and pay solution for the public service. This decision supports the eventual replacement of the Phoenix pay system and its HR systems.

Associated links

Summer 2024 Quarterly progress report 

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SOURCE Public Services and Procurement Canada

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Institutional Investor Launches the First Global Think Tank for the Asset Management Industry

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NEW YORK, Oct. 2, 2024 /PRNewswire/ — After over two decades of leading peer-to-peer learning and networking, Institutional Investor (II) is proud to announce the launch of the Asset Management Institute (AMI) — the first global think tank and private C-suite network designed exclusively for the asset management industry. The launch coincides with the release of II’s inaugural Global Asset Management Survey.

“This is part of II’s strategic vision to partner holistically with clients across every function,” said Kat Storfer, Head of North America at Institutional Investor. “We are proud to be the only organization capable of delivering value to asset management firms through an exclusive, prestigious C-suite network on a global scale.”

With the current wave of change affecting the sector — from leadership transitions to advancements in technology and AI — now is the ideal moment for the industry to have a dedicated private platform for sharing insights, benchmarking, and discussing its future.

The Institute will have dedicated sub-networks tailored for key C-suite roles, including CEOs, CIOs, CFOs, COOs, CHROs, General Counsel, Chief Compliance Officers, Chief Marketing Officers, Chief Technology Officers, Chief Product Officers, and Heads of Distribution. This structure underscores the growing strategic importance of these leadership positions within asset management firms and their influence at the board level. And with its global reach, AMI is uniquely positioned to align with the international scope of the asset management community and the broader financial industry.

Jim McCaughan, Chairman of the Asset Management Institute, added: “AMI members are at the forefront of the industry, constantly driving innovation and learning from one another. The Institute will amplify knowledge and create meaningful connections as investment management undergoes a time of tremendous transformation.”

Membership in the Asset Management Institute is by invitation only. For more information about AMI, please visit https://eml.iiconferences.com/l/81142/2024-07-23/667g4x/81142/1727702061ureg3lPn/AMI_Overview___Oct24.pdf or contact David Braham, +1 (212) 224-3212, david.braham@institutionalinvestor.com.

Contact: Bryan Fox
Marketing Director
bryan.fox@institutionalinvestor.com

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SOURCE Institutional Investor

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G2 Customer Reviews Name Appdome Leader in Five New Categories

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Appdome wins ‘Anti-Fraud,’ ‘Mobile Data Protection,’ ‘Best Meets Requirements,’ ‘Easiest Setup’ and ‘Easiest to Do Business With’ Among Other Recognition

SAN FRANCISCO, Oct. 2, 2024 /PRNewswire/ — Appdome, the experience leader in mobile defense, today revealed it has been recognized as the market leader and high performer in five (5) additional categories on G2, the world’s largest and most trusted software marketplace. The five (5) new leadership categories include Anti-Fraud, Mobile Data Protection, Meets Requirements, Easiest Setup and, as a company, Easiest to do Business With. This extends Appdome’s experience leadership, adding to its prior customer recognition as Most Likely to Recommend and Users Love Us.

“Our customers trust Appdome to provide always-on, continuous defense for their mobile business,” said Jamie Bertasi, Chief Customer Officer of Appdome. “Appdome isn’t a point product. This customer recognition spans the full range of the value proposition we provide every mobile business, in mobile app security, anti-fraud, bot defense, DevSecOps, compliance and more.”

The Appdome Platform provides full lifecycle defense for mobile brands and enterprises. It’s the only solution that can centralize mobile defense for external-consumer and internal-employee use cases into one platform and workflow, and streamline the secure, monitor and respond lifecycle for 340+ mobile defenses with ease. Appdome 340+ defenses work with all Android & iOS platforms and apps and include the widest defense selection offered by any one vendor. These defenses are offered in broad feature categories including mobile app security, anti-fraud, anti-malware, anti-cheat, anti-bot, geo compliance, social engineering, Mobile EDR, Mobile XDR, and more. To simplify deployment, maintain agility, and shorten incident response times, Appdome uses AI/ML to code the defenses into Android & iOS applications and mobile SDKs as well as to monitor and respond automatically to threats and attacks as they arise. To use Appdome, there’s no SDK, no server, no code or coding needed by an engineering team.

“The architecture and technology behind Appdome are the difference,” said Chris Roeckl, Chief Product Officer of Appdome. “While others try to add a GUI on top of their SDK-based point products, Appdome’s GUI isn’t the story. The story is the modular architecture and how we use AI/ML to code the defenses into mobile apps, adapting the defense to each application. Continuous defense is our advantage.”

Customers report robust feature coverage, high quality support, and ease of setup with rapid time to implement for fast ROI. For example, one customer in Healthcare says “Easy security with Appdome… very extensive set of security features allow us to improve security applications very fast.” While a Security Engineering Manager said “The product stands out for ease of implementation… with just a few clicks all necessary protections can be enabled.” A customer in Financial Services noted “dedicated and attentive onboarding team and customer support with fast and meaningful turnarounds on all support requests.”

“The industry is seeing a significant surge in mobile fraud and bot attacks, which in turn is causing significant financial loss and customer frustration,” said Brian Reed, SVP Marketing at Appdome, “Mobile brands and enterprises are starting to ask ‘Why spend time and resources trying to stitch together multiple point products to handle the myriad of security and fraud threats we’re facing, when we can seamlessly and efficiently deliver all the protection needed in the mobile business with a click of a button and let AI/ML do the work?’ They’re right. Appdome’s approach makes business sense.”

Learn more about what real users have to say about Appdome on G2’s review page.

For more information on the Appdome Unified Mobile App Defense Platform, visit https://www.appdome.com

About Appdome
Appdome is the experience leader in mobile defense. Our award-winning, and patented, mobile defense platform uses AI-ML to automate the work and complexity out of securing mobile businesses, apps and users. With Appdome, mobile brands and enterprises enjoy a single pane of glass to create Certified Secure™ mobile apps with ease, eliminating multiple point products and SDKs, and unifying mobile app security, anti-fraud, anti-bot, anti-malware, geo compliance, social engineering and other defenses with real time threat monitoring, mobile EDR, XDR, and IR for external-consumer and internal-employee facing mobile apps. At 340+ mobile app defense features and growing, Appdome provides the most comprehensive and extensible mobile defense solution on the market. The platform is fully automated out of the box using pre-built plugins to the full DevOps, CI/CD and Enterprise automation and support stack. Appdome also leads the market in user experience and support, with its industry leading, in-app, Threat-Events™ threat intelligence framework and GenAI powered Threat Resolution Center™. These, combined with a host of enterprise grade and compliance features built into the platform, allow all stakeholders, including mobile engineering, cyber teams, network security, DevOps, SecOps, IT, UEM-MAM, mobile support teams, and mobile end users to benefit from using Appdome. Appdome holds several patents including U.S. Patents 9,934,017 B2, 10,310,870 B2, 10,606,582 B2, 11,243,748 B2 and 11,294,663 B2. Additional patents pending. 

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SOURCE Appdome

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