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Breaking barriers in Operational Technology: Meet Treon Connect

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TAMPERE, Finland, Oct. 1, 2024 /PRNewswire/ — Treon, a leader in IoT technology launches Treon Connect, a platform designed to tackle challenges in operational technology (OT). Founded by innovators with a background in ‘connecting people,’ Treon has evolved to focus on connecting operations, leveraging its expertise in IoT and data acquisition.

Despite industrial digitalization progress, physical operations still face significant challenges. Treon Connect is built to overcome these obstacles, offering businesses the tools to enhance operational efficiency and sustainability.

“Siloed vertical solutions hinder scalability, increase costs and enforce manual workflows” said Joni Korppi, CEO of Treon. “At Treon, we developed Treon Connect to address these challenges, drawing on our experience in delivering IoT solutions for large-scale deployments with 150+ customers, including 50 global leaders.”

Treon Connect works alongside customers’ existing systems, enabling data-driven automation, and helping organizations improve operations by:

Enhancing efficiency: Reducing operational costs and extending asset lifespan through increased uptime and optimal use.Prioritizing worker safety: Reducing downtime and providing safer, more controlled environments.Seamless integration: Integrates with existing IT and OT systems.Minimizing environmental impact: Sustainable products that cut emissions, boost energy efficiency, and reduce waste.

As part of Treon Connect, Treon launches:

Treon Apex applications for Condition Monitoring, Fleet Management, Network & Device Management, and Events for workflow automation.Treon Aito, the middleware that securely bridges applications, databases, and systems, is now available on cloud or on-premise, expanding support to third-party devices.Treon Industrial Node X, Treon’s latest wireless vibration sensor, offering market-leading capabilities, such as support for variable-speed machinery and a replaceable battery for sustainabilityTreon Gateway 2, a powerful edge computer, has been updated with cellular coverage for the USA, and telematics support for heavy equipment.

Treon will launch Treon Connect at SMRP Annual Conference, October 7-10, 2024, in Orlando, FL, where they will showcase their latest innovations and continue introducing new use cases to enhance operations at a rapid pace together with ecosystem partners.

Visit treon.fi/treon-connect

About Treon

Treon is a leading technology company with a mission to help businesses improve productivity, enhance operational visibility, and sustainability. Its platform, Treon Connect, boosts operational efficiency by utilizing data-driven automation to extend machine lifespan, monitor assets, increase productivity, and ensure safety across industries. Treon is trusted by global leaders to provide secure, customized products that integrate seamlessly into existing business solutions.

Press inquiries

Samah Zain, Senior Growth Manager
samah.zain@treon.fi
+358-505507331

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Appy Pie Launches ‘Endpoint’: An API Integration Platform for Generative AI Models

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HAMPTON, Va., Oct. 1, 2024 /PRNewswire/ — Appy Pie, a leading no-code platform, announces the launch of Appy Pie Endpoint, an innovative API SaaS platform designed to cater to the diverse needs of developers worldwide. This comprehensive platform offers developers access to various open-source AI APIs for text-to-image generation, text generation, video generation, and virtual try-on technologies. With APIs such as the SDXL API, Stable Diffusion Turbo API, Flawless Text API, SD3 API,  Virtual Try-On API, and more, Appy Pie Endpoint empowers developers to seamlessly integrate advanced AI features into their applications, enhancing functionality and user experience.

Developers using Appy Pie Endpoint can unlock the potential of cutting-edge technologies like image generation, text generation, video generation, image editing, code generation, etc. with APIs such as the SDXL Turbo API, Stable diffusion Video API, Llama 2 API,  Stable Diffusion Inpainting API, and more. These capabilities enable the creation of more engaging and innovative applications, tailored to meet modern user demands. As AI-driven solutions become increasingly essential, Appy Pie Endpoint distinguishes itself by offering not only a wide range of powerful APIs but also an intuitive interface and detailed documentation, making advanced integration both accessible and efficient.

“We are excited to introduce Appy Pie Endpoint, a game-changer for developers who want to create smarter, more intuitive applications without getting bogged down by complex integrations,” said Abhinav Girdhar, CEO of Appy Pie. “Our goal has always been to make technology accessible and easy to use. With Appy Pie Endpoint, we’re taking another significant step in this direction by providing developers with a powerful suite of APIs that will accelerate their development process and help them bring innovative ideas to life.”

Appy Pie Endpoint not only provides advanced AI capabilities but also offers robust security features and scalable infrastructure, ensuring that developers can rely on it for both small-scale projects and enterprise-level applications. With its versatile range of APIs and dedicated support, Appy Pie Endpoint is set to become an essential resource for developers aiming to leverage AI in their apps efficiently and effectively.

About Appy Pie

Appy Pie, a Trademark of Appy Pie LLP is a leading global platform offering a suite of no-code, AI-powered tools, including an app builder, website builder, workflow automation platform, graphic design software, chatbot builder, help desk software, and live chat software, to help businesses and individuals design, build, and automate. With a user-friendly interface and a wide range of customizable templates, Appy Pie empowers users to create professional-grade applications without any coding expertise. From entrepreneurs to established enterprises, Appy Pie caters to diverse needs by providing innovative solutions for various industries.

For more information, please visit: https://www.appypie.com/endpoint

Media Contact
Abhinav Girdhar
sales@appypie.com
+1 888 322 7617

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Glenn Fishwick Joins CSL Group as Chief Technology Officer to Lead Innovation in Secure Connectivity Solutions

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LONDON, Oct. 1, 2024 /PRNewswire/ — CSL Group, a leader in ritical IoT Connectivity solutions, is pleased to announce the appointment of Glenn Fishwick as Chief Technology Officer (CTO). Glenn will be joining the connectivity experts to bring experience and expertise from his tenure at Radius, where he played a crucial role in driving technology innovation and strategic development.

With a career spanning automotive, telecoms, financial services, and technology sectors, Glenn has led senior leadership positions and demonstrated a strong track record in driving technological advancement and operational excellence.

At CSL Group, Glenn will lead the company’s technology strategy and development, focusing on enhancing its portfolio of multi sector secure connectivity solutions. His appointment underscores CSL Group’s commitment to innovation and future-proofing its offerings in anticipation of industry trends and customer needs.

Ed Heale, CEO at CSL Group, commented, “I’m delighted to welcome Glenn to CSL. Glenn has a proven track record of delivering and scaling both the technology and the underlying technology function. We have some exciting new products and platforms that have global appeal and Glenn’s expertise will be crucial as we roll these out to our customers.”

Driving Innovation at CSL Group

CSL Group’s diverse product portfolio includes advanced IoT SIMs, secure routers, and managed services, all supported by a robust connectivity management platform. These offerings are designed to meet the evolving demands of customers across critical sectors, ensuring reliable and resilient connectivity.

Glenn Fishwick expressed his excitement about his appointment: “I am thrilled to join CSL Group at such a pivotal time in the industry. The company’s commitment to innovation and its leadership in secure connectivity solutions present an incredible opportunity to drive technological advancement and support our customers in staying connected and secure.”

About CSL Group

CSL Group is a leading provider of secure connectivity solutions, specialising in IoT connectivity for fire, security, health, and utilities sectors. Through its innovative SIMs, routers, and managed services, CSL Group empowers organisations to maintain reliable, high-quality connectivity. With a focus on future-proofed solutions, CSL Group remains at the forefront of supporting customers through technological transitions and industry shifts.

For more information, visit www.csl-group.com.

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Dealogic ECM Highlights 9M24: Equity deal volumes slow in 3Q amid rising volatility

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NEW YORK and LONDON, Oct. 1, 2024 /PRNewswire/ — Dealogic, an ION Analytics service, published its ECM Highlights 9M24 report today, revealing a slowdown of equity capital market (ECM) activity in 3Q24 as market volatility and election nerves put a damper on what had been a year of recovery for global ECM.

Global ECM volumes of USD 160 billion, according to Dealogic data, was slightly above 3Q23 but marked a significant drop from 2Q, pointing to growing concerns among investors about market volatility. Global 9M is still significantly higher than in 2023 or 2022.

Political uncertainty also played a dramatic role, with fewer European deals surrounding snap French elections, marked by the canceled IPO of Italian luxury sneaker maker Golden Goose. Political risks are likely to continue in 4Q, with the US elections in November.

The report notes that equity capital markets have been muted since 2022 due to rising inflation, interest rates, and geopolitical risks. A strong start to 2024 rekindled hopes for recovery. However, 3Q24 volumes show that global economic and political pressures are continuing to take their toll.

With the US Federal Reserve kicking off a rate-cutting cycle in September, there is cautious optimism for a market rebound. Many US and European issuers are nevertheless delaying IPOs until 1H25 to avoid election-related risks.

The ECM Highlights 9M24 report reveals:

ECM volumes in the Americas remained steady Y-O-Y at USD 76.4 billion, a 7% drop from USD 81.5 billion in 2Q, compared with a 4.5% decline between 3Q23 and 2Q23.
APAC ranked second in ECM volumes for the quarter and the 9M, though EMEA surpassed APAC in 2Q24, a rare occurrence in global ECM. 
EMEA showed the sharpest volume drop quarterly and Y-O-Y as volatility around French elections led to a limited deal flow, making it the worst quarter for European IPOs since 1Q19.
Americas IPOs generated a cumulative profit of around USD 6.9 billion, yielding around 22% as of end-September, outperforming the S&P 500 over the same period.
EMEA IPOs generated around USD 3.5 billion in profit for investors, delivering about 18% returns YTD, outperforming benchmark European indices.

Samuel Kerr, Global ECM Editor at ION Analytics, says, “After two strong quarters in global ECM, activity slowed in 3Q24, with fewer IPOs compared to the same period in 2022 and 2023. The slowing in deal flow coincided with an uptick in equity market volatility in August and nerves around this year’s snap French elections alongside the upcoming US elections. With global interest rates now falling, there is further impetus for equity deals, but dealmakers and investors alike are keeping a close eye on the November polls.”

To request the full ECM Highlights 9M24 report, click here.

About ION

ION provides mission-critical trading and workflow automation software, high-value analytics and insights, and strategic consulting to financial institutions, central banks, governments, and corporate organizations. Our solutions and services simplify complex processes, boost efficiency, and enable better decision-making. We build long-term partnerships with our clients, helping transform their businesses for sustained success through continuous innovation. For more information, visit https://iongroup.com/

About ION Analytics

ION Analytics delivers personalized, targeted data and market intelligence to banks, investors, and corporates, helping clients find opportunities and drive better decisions in markets ranging from equities and fixed income to infrastructure and private equity. The ION Analytics platform brings together six unique, powerful services that span global markets making ION Analytics the only choice for capital markets professionals. For more information, visit https://ionanalytics.com/ 

About Dealogic

Dealogic offers integrated content, analytics, and technology via targeted products and services to financial firms worldwide. Whether working in capital markets, sales and trading, banking, or the buyside, firms rely on Dealogic’s platform to connect and more effectively identify opportunities, execute deals, and manage risk. With 30 years’ experience and a deep understanding of financial markets, Dealogic is a trusted global partner. For more information, visit www.dealogic.com

All product and company names herein may be trademarks of their registered owners.

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