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Immigration Experts Urge HR Teams not to Abandon AI in the Face of New Regulations

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3 weeks ago

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The introduction of the EU AI Act automatically classifies the use of AI systems in immigration processes as high-risk. However, key exemptions will allow businesses to supercharge their global mobility efforts while remaining compliant.

LONDON, Nov. 5, 2024 /PRNewswire-PRWeb/ — Employers and HR professionals should not let new European regulations hamper their use of artificial intelligence in improving processes and boosting productivity. That is the message from Centuro Global, the global mobility and expansion platform, as it launches a new report highlighting several exemptions that allow teams to deploy new technologies without triggering elevated compliance obligations.

The EU AI Act, enacted in August 2024, is the world’s first major regulatory framework for AI. It aims to balance the potential of the technology with the dangers it could pose to people. As part of this, it classifies the use of AI in a four-tier risk system.

The Act classifies AI use in immigration services as high-risk, meaning that companies developing an AI tool to perform a task related to immigration procedures will either have to fulfil a set of duties around transparency and risk management or prepare a case for why the specific use case does not constitute a high-risk application of AI.

For HR and global mobility professionals, this may ring alarm bells. However, the Act’s wording offers crucial flexibility, enabling continued innovation without compliance concerns.

An AI system is exempt from the high-risk classification if any of the following conditions are fulfilled:

The AI system is intended to perform a narrow procedural taskThe AI system improves the result of a previously completed human activityThe AI system is intended to detect decision-making patterns or deviations from prior decision-making patterns and is not meant to replace or influence the previously completed human assessment.

Zain Ali, co-founder and CEO of Centuro Global, explains: “Most of the AI tools that HR teams are particularly likely to use will meet at least one of these criteria. This clause gives professionals the licence to experience the undeniable benefits of AI systems in supercharging global mobility.

“Of course, remaining compliant is key, so when using an AI tool, it’s vital to stick to the developer’s instructions, apply human oversight measures and report any issues to the provider.”

According to British Chambers, 62% of organisations in the UK are currently facing skills shortages. As such, global mobility is becoming increasingly critical in sourcing talent and reducing stress on existing staff. AI offers significant gains in navigating the complexities of recruiting from overseas. With that in mind, Zain is keen to reassure businesses that they needn’t fear the Act and encourage continued exploration into potentially transformative technologies.

Zain continued: “HR professionals are already using AI to streamline and optimise other areas of their work, and there is a significant opportunity to enjoy the same benefits when doing business abroad.

“Remember, though, the AI Act is a complex, dynamic piece of legislation. If you’re using AI, commit to fully understanding the Act’s nuances to avoid becoming complacent, as non-compliance penalties could be financially and reputationally ruinous.”

For more information or to download the report, visit www.centuroglobal.com

ABOUT CENTURO GLOBAL

Launched in 2020, Centuro Global is an AI-powered SaaS platform that ensures a company’s global expansion and mobility needs are serviced compliantly in one place. With the Centuro Connect platform, every step of the global expansion journey, from tax, legal, and immigration to payroll and HR, is found in one system, allowing companies to trade in any jurisdiction easily and efficiently.

Please see an explainer video at https://youtu.be/WDj5O6Sf79Um

Media Contact

Oluwatomi Lawal, Centuro Global, 44 7414635256, centuroglobal@yourstorypr.com, https://www.centuroglobal.com/

View original content to download multimedia:https://www.prweb.com/releases/immigration-experts-urge-hr-teams-not-to-abandon-ai-in-the-face-of-new-regulations-302295406.html

SOURCE Centuro Global

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AABE, FPL and Partners Hosted the Blacks in Energy Event and Generator Build Competition at Palm Beach Lakes Community High School

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24 minutes ago

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November 23, 2024

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Black Energy Awareness Month event in West Palm Beach.

WEST PALM BEACH, Fla., Nov. 23, 2024 /PRNewswire-PRWeb/ — In recognition of Black Energy Awareness Month, members of the American Association of Blacks in Energy (AABE), Florida Chapter, partnered with Florida Power & Light Company (FPL), and others, to host and conduct a Generator Build Competition at Palm Beach Lakes Community High School in West Palm Beach, Florida.

“It is such a joy and delight to witness the determination of these young and ambitious students who are focused-driven and eager to excel,” says Whitney Walker, Lead Community Relations Specialist with Next Era Energy/FPL.

During the event, high school students were provided with an overview of the energy industry and introduced to the field of engineering. The students met with and heard from engineers and senior managers in the industry, and took part in the generator build competition, where they learned the basics of generator theory and how electric voltage is created. Each member of the competition’s winning team received a $50 gift card.

“It is such a joy and delight to witness the determination of these young and ambitious students who are focused-driven and eager to excel,” says Whitney Walker, Lead Community Relations Specialist with Next Era Energy/FPL.

Other empowering speakers included: Dr. Michelle Saunders, Lead Project Manager – Distribution, Next Era Energy/FPL; Norman Riemer, SECME District Coordinator – Palm Beach County School District; Dion Watson, Director – Next Era Energy Resource Development – Next Era Energy/FPL; Oleg Andric, Department Chair & Professor, Electric Power Technology – Palm Beach State College, and Jasmine Govan, Community Relations Specialist, Next Era Energy/FPL.

This event was made possible by the generous support and involvement of the American Association of Blacks in Energy (AABE) – Florida Chapter, Florida Power & Light Company, NextEra Energy, Inc., the University of Florida – SECME of Palm Beach County School District, Palm Beach State College and Palm Beach Lakes Community High School.

About AABE

Established in 1977, the American Association of Blacks in Energy (AABE) is an association founded and dedicated to ensuring the input of African Americans and other minorities into the discussions and developments of energy policies regulations. The national membership includes more than 1,600 professionals representing every sector of the energy industry. There are 40 chapters located in states, metropolitan areas and college campuses around the country. AABE utilizes the expertise of their members to analyze energy policy and serve as a resource for community leaders, consumers, policymakers and regulators on the impact that these policies have on underrepresented communities.

The members of AABE are committed to building the pipeline of African Americans in leadership positions in the energy industry. Through scholarship programs, students who plan to major in science, mathematics, engineering and technology have the opportunity to receive scholarships on the local, regional and national level. The AABE members have the opportunity for professional development at chapter meetings, regional and national conferences. For more information about the association, visit www.aabe.org.

Media Contact

Bernadette Morris, Sonshine Communications, 1 3059488063 201, bmorris@sonshine.com

View original content to download multimedia:https://www.prweb.com/releases/aabe-fpl-and-partners-hosted-the-blacks-in-energy-event-and-generator-build-competition-at-palm-beach-lakes-community-high-school-302314611.html

SOURCE AABE

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Siemon Introduces Bundled Fiber Trunks for Faster, More Efficient Network Deployments

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1 hour ago

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November 23, 2024

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The Siemon Company, a global leader in network infrastructure solutions, is proud to announce the launch of its new Bundled Fiber Trunks. Designed to streamline fiber optic network installations and reduce deployment time, Siemon Bundled Fiber Trunks offer a cost-effective and reliable option for a variety of projects.

WATERTOWN, Conn., Nov. 23, 2024 /PRNewswire-PRWeb/ — The Siemon Company, a global leader in network infrastructure solutions, is proud to announce the launch of its new Bundled Fiber Trunks. Designed to streamline fiber optic network installations and reduce deployment time, Siemon Bundled Fiber Trunks offer a cost-effective and reliable option for a variety of projects.

Siemon Bundled Fiber Trunks are a game-changer for network installations. By simplifying the process and reducing installation time, we’re empowering our customers to achieve their project goals more efficiently and effectively.

Siemon Bundled Fiber Trunks combine high-performance fiber cables into a single, easy-to-manage bundle, optimizing pathway fill and significantly accelerating installation. With up to a 50% faster deployment rate, this innovative solution helps businesses and organizations reduce project costs and time-to-market.

“Siemon Bundled Fiber Trunks are a game-changer for network installations,” said Tony Walker, Siemon Fiber Product Marketing Manager. “By simplifying the process and reducing installation time, we’re empowering our customers to achieve their project goals more efficiently and effectively.”

Key features of Siemon Bundled Fiber Trunks include:

Streamlined installation: Reduced pathway fill and faster deploymentExceptional performance: Equivalent to single-jacket fiberDurability: Robust construction for reliable performanceVersatility: Available in a wide range of configurations

For more information about Siemon Bundled Fiber Trunks and other Siemon products, please visit www.siemon.com.

About Siemon

Established in 1903, Siemon is an industry leader specializing in the design and manufacture of high-quality, high-performance IT infrastructure solutions and services for Data Centers, LANs, and Intelligent Buildings. Headquartered in Connecticut, USA, with global sales, technical, and logistics expertise spanning 150 countries, Siemon offers the most comprehensive suites of copper and optical fiber cabling systems, racks, cable management, and Intelligent Infrastructure Management solutions. With more than 400 patents specific to structured cabling, Siemon Labs invests heavily in R&D and the development of Industry Standards, underlining the company’s long-standing commitment to its customers and the industry. Through an ongoing commitment to waste and energy reduction, Siemon’s environmental sustainability benchmarks are unparalleled in the industry.

Contact Information

Brian Baum

brian_baum@siemon.com

Media Contact

Brian Baum, Siemon, 1 8609454200, brian_baum@siemon.com

View original content:https://www.prweb.com/releases/siemon-introduces-bundled-fiber-trunks-for-faster-more-efficient-network-deployments-302313831.html

SOURCE Siemon

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Oberon Securities Advises Keens Steakhouse in Sale Transaction

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4 hours ago

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November 23, 2024

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Oberon Securities acted as exclusive advisor to Keens Steakhouse in the sale transaction.

NEW YORK, Nov. 23, 2024 /PRNewswire-PRWeb/ — Oberon Securities, a New York-based middle market investment banking firm, acted as exclusive advisor to Keens Steakhouse in the sale transaction announced yesterday.

With more than 70 senior bankers serving businesses across the country and around the world, Oberon is one of the fastest growing New York City based middle-market investment banking firms. Its clients benefit from the market credibility associated with the firm’s longstanding relationships with many of the nation’s largest and most prestigious institutional investors. Oberon’s approach has generated numerous long-term, multi-transaction client engagements and attracted investment bankers who have spent their careers working with middle-market companies.

Media Contact

Steven Alschuler, Oberon Securities, 1 917-647-2151, steve@alschulerpr.com, https://oberonsecurities.com/

View original content to download multimedia:https://www.prweb.com/releases/oberon-securities-advises-keens-steakhouse-in-sale-transaction-302314708.html

SOURCE Oberon Securities; Oberon Securities

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