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Sight Machine’s Factory Namespace Manager Converts Chaos of Manufacturing Data Names Into Corporate-Standard Naming Systems

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Fine-Tuned Version of Microsoft’s Phi-3.5 is One of the First Small Language Models (SLM) for Manufacturing

SAN FRANCISCO, Nov. 13, 2024 /PRNewswire/ — Sight Machine, provider of the leading platform for data-driven manufacturing and industrial AI, today introduced Factory Namespace Manager, one of the first AI small language models (SLM) for manufacturing. The AI model tackles a core data governance challenge: mapping the multitude of factory data naming schemas into enterprise-wide unified namespaces or corporate data dictionaries.

Factory Namespace Manager is one of the first partner-enabled adapted AI models for manufacturing offered within the Azure AI model catalog, which Microsoft announced today. Factory Namespace Manager uses AI to fill a crucial gap in the technology needed to create a unified namespace: mapping between the original data field names and the corporate standard, enabling manufacturers to integrate factory data with enterprise data systems for end-to-end optimization.

SLMs Are More Cost-Effective to Train and Use

Factory Namespace Manager, which Sight Machine will demonstrate at next week’s Microsoft Ignite conference in Chicago, is a customized, fine-tuned version of Microsoft’s Phi-3.5 small language model. Unlike large language models (LLMs) – general purpose software trained on vast amounts of data – SLMs are used to focus on specific types of work and require less computing resources, offering strong performance at low cost and low latency.

“Our solution addresses a widespread challenge in the manufacturing industry, converting decentralized naming systems into a single corporate standard,” said Kurt DeMaagd, Sight Machine Chief AI Officer and Co-Founder. “This has become an acute problem as more clients push factory plant floor data to the cloud, removing data from its original context, and making the management of that data increasingly difficult.”

Tackling Complex Factory Data Environments

Individual plants often have thousands of data sources from multiple generations of machinery that are frequently 10 or 20 years old, and typically the data streams aren’t labeled in a standardized format that makes clear where the data comes from and what it represents. In order to perform analytics across lines, processes and plants (and even between otherwise-identical machines with different data labeling), companies need a standardized way to identify similar data. Today, creating this translation layer requires a heavy investment of time by subject matter experts with extensive knowledge on the nuances of both the legacy and the target naming schemas, and is thus typically done manually for a small subset of data.

“I’ve spoken to dozens of industrial companies about their current and potential use of AI in factory operations and the overwhelming feedback I hear and see in IDC survey data is that most companies are struggling to leverage AI effectively at scale due to the condition of their data,” said Jonathan Lang, Research Director of Worldwide IT/OT Convergence Strategies at IDC. “They have this dilemma that contextually similar data is formatted in multiple ways and is difficult to source and normalize amidst a complete lack of historical governance and data architecture. What I’ve heard loud and clear is that technology that helps to solve this challenge and reduce the labor requirement to decipher data will be readily adopted.”

The bottling company Swire Coca-Cola USA plans to use Factory Namespace Manager to efficiently map its extensive PLC and plant floor data into its corporate data namespace.

“We are working with Factory Namespace Manager to recognize patterns in the data we’ve manually translated, and then applying the patterns to the rest of our factory data,” said Bharathi Rajan, VP of Data & Insights at Swire Coca-Cola USA. “This will make it much easier to get relevant data to frontline workers, to inform decision making, and to integrate production insights into other parts of the company such as supply chain. This is one of the most useful applications of AI we’ve seen in manufacturing, and we’re excited to put it to work.”

“The collaboration between Microsoft and Sight Machine will give manufacturing organizations the ability to build AI solutions through Azure AI Studio and Microsoft Copilot Studio that deliver real value and advance business transformation,” said Satish Thomas, Corporate Vice President, Business & Industry Solutions, Microsoft. “Factory Namespace Manager applies SLM AI technology to a high-impact use case with strong potential ROI for companies pursuing data-driven manufacturing.”

How Sight Machine’s Manufacturing Data Platform Employs AI Techniques

AI is interwoven into Sight Machine’s Manufacturing Data Platform, which uses machine learning and other AI techniques to identify and optimize how machine settings, raw materials and production practices interact to determine throughput, quality, sustainability and other key manufacturing metrics.

Sight Machine’s AI offerings include Factory CoPilot, which uses generative AI technology to offer an intuitive, “ask the expert” experience for all manufacturing stakeholders. Built using Microsoft Azure OpenAI Service, Factory CoPilot can automatically summarize all relevant data and information about production in real-time (e.g., for daily meetings) and generate user-friendly reports, emails, charts and other content (in any language) about the performance of any machine, line or plant across the manufacturing enterprise, based on contextualized data in the Sight Machine platform.

Sight Machine also offers Blueprint, AI-driven tag-to-asset mapping software for clients that have large volumes of poorly identified data sources. It uses AI to map each data source (tag) to a specific asset (machine). Sight Machine built Blueprint in partnership with Microsoft and NVIDIA.

Learn More

To learn more about Factory Namespace Manager, please go to https://sightmachine.com/product/factory-namespace-manager/.

About Sight Machine

Sight Machine provides the leading platform for data-driven manufacturing and industrial AI, helping global manufacturers increase profitability, productivity and sustainability. Sight Machine’s Manufacturing Data Platform creates a common data foundation by capturing and structuring data from the entire factory to deliver a systemwide view of the manufacturing process. With insights powered by artificial intelligence, manufacturers can now optimize across their production processes and factory networks, and extend the impact to their broader supply and value chains. Sight Machine has offices in San Francisco and Ann Arbor, Mich. (www.sightmachine.com).

Sight Machine Press Contact: Media@sightmachine.com

 

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SOURCE Sight Machine Inc.

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Precision Meets Power: Vantage Marks 15 Years with New Anniversary Video, “The Ultimate Trading Machine”

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PORT VILA, Vanuatu, Nov. 14, 2024 /CNW/ — Celebrating 15 years of excellence, leading multi-asset broker Vantage Markets (or “Vantage”) has launched a video titled “The Ultimate Trading Machine*”, a tribute to 15 years of innovation, precision, and the relentless pursuit of empowering traders globally. The video encapsulates Vantage’s journey and reflects the bold, ambitious spirit of the brand.

 

“In the pursuit of excellence, precision and speed are everything,” the video states. For 15 years, Vantage has been at the forefront of innovation, continuously evolving to meet the needs of traders. From launching tools like the proprietary mobile app and Copy Trading platform, to integration with TradingView. In a latest assessment done by Investing.com, Vantage emerged top across multiple key metrics, including leverage, spread value, spread stability, no-slippage rate, market depth, and swap competitiveness, conducted during one of the most volatile periods – the U.S. elections. Vantage has consistently set new standards, solidifying its position as a global leader in online trading.

Since its inception, the company has secured licences in the UK, Australia, South Africa, the Cayman Islands, and Vanuatu, establishing itself as a trusted and regulated broker. Through the years, Vantage has been committed to being a model brand for traders, forging partnerships with esteemed organisations such as NEOM McLaren Extreme E, UNESCO, and UNHCR, ensuring that it contributes positively to society as well.

“For 15 years, Vantage has fueled ambition with tools that empower traders to unlock their full trading potential,” said Marc Despallieres, Chief Strategy and Trading Officer. “The Ultimate Trading Machine’ isn’t just a tagline—it’s our dedication to precision and progress.”

Geraldine Goh, Chief Marketing Officer, added, “This video captures Vantage’s journey—15 years of innovation, ambition, and dedication to empowering traders. Our goal is to inspire traders to aim higher, knowing Vantage will always be there, pushing the limits alongside them.”

Vantage’s journey continues with a focus on setting new industry standards, delivering cutting-edge features, and empowering traders to succeed.

Experience Vantage’s 15-year journey and see “The Ultimate Trading Machine” in action here.

Learn more about Vantage’s 15 anniversary here.

About Vantage

Vantage Markets (or Vantage) is a multi-asset CFD broker offering clients access to a nimble and powerful service for trading Contracts for Difference (CFDs) products, including Forex, Commodities, Indices, Shares, ETFs, and Bonds.

With over 15 years of market experience, Vantage transcends the role of broker, providing a trusted trading ecosystem, an award-winning mobile trading app, and a user-friendly trading platform that empowers clients to seize trading opportunities. Download the Vantage App on App Store or Google Play.

trade smarter @vantage

RISK WARNING: CFD trading carries significant risks. You could lose more than your initial investment.

*’The Ultimate Trading Machine’ is a marketing term and does not imply guaranteed performance.

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SOURCE Vantage

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J&T Express Exceeds 100 Million Global Parcels Handled in a Single Day During Double 11, Driven by Strong Growth Across Multiple Regions

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HONG KONG, Nov. 14, 2024 /PRNewswire/ — J&T Global Express Limited (“J&T Express” or “J&T” or “the Company”, stock code: 01519), a global logistics service provider, announced a new milestone in its growth trajectory, surpassing 100 million parcels handled worldwide in a single day during this year’s Double 11 shopping festival on November 12th.

Double 11 is a traditional peak season for China and Southeast Asia. From October 20 to November 12, J&T Express saw significant growth in parcel volume in both markets. In China, the daily average parcel volume during this period reached nearly 66 million, a 25% year-over-year (“YoY”) increase, setting a new record. In Southeast Asia, the daily average parcel volume from November 1 to 11 exceeded 15 million, marking an impressive 73% YoY growth.

In anticipation of the expected surge in parcel volumes during the multiple year-end shopping festivals, J&T Express implemented early preparations across various markets, increasing investment in infrastructure and human resources to ensure operational efficiency and service quality. In China, based on business forecasts and actual production needs, J&T upgraded and renovated 32 sorting centers nationwide, expanding operating areas and improving timeliness. Over 600 distribution hubs and outlets were also upgraded across the country, with over 400 sets of automated equipment deployed to enhance operational capacity and effectively manage the peak parcel volume.

Benefiting from the vast growth potential of Southeast Asian markets and close collaboration with e-commerce clients, J&T Express anticipated the increase in e-commerce parcel volume during Double 11 and made proactive preparations. In September and October, J&T Express Vietnam deployed over 300 trucks, and the company constructed its largest sorting center in North Vietnam, equipped with advanced operating technology and equipment, which officially commenced its operations. This center boasts a parcel handling accuracy rate of 99.99%, significantly enhancing operational efficiency.

In Thailand, J&T Express upgraded four sorting centers and five distribution hubs, adding over 13 sets of automated equipment to boost operational capacity. As a result, the peak processing capacity of sorting centers increased by approximately 25%, and the distribution hubs saw a 20% improvement. Furthermore, J&T Express Thailand expanded its sorting area by approximately 19,000 square meters, added over 900 transport vehicles, and recruited over 3,800 personnel to meet the growing demand of sorting, delivery, and customer service sectors.

In other new markets, Black Friday (November 29th) marks the largest logistics peak season in Latin America. J&T Express has observed a significant upward trend in parcel volumes in Brazil and Mexico. To address the upcoming peak, J&T Express in both countries has proactively invested in infrastructure and human resources, upgrading automated equipment to meet the high-quality express service demands of both clients and consumers.

“J&T Express exceeding 100 million global parcels handled in a single day during Double 11, setting a historic record, demonstrates our robust operational capabilities and unwavering commitment to serving our global customers,” said Charles Hou, Vice President of J&T Express. “We will continue to invest in infrastructure and resource allocation across various markets, focusing on network optimization and service enhancement to ensure efficient and reliable logistics services for global users during peak seasons, meeting the ever-growing global market demands.”

About J&T Express

J&T Express is a global logistics service provider with leading express delivery businesses in Southeast Asia and China, the largest and fastest-growing market in the world. Founded in 2015, J&T Express’ network spans thirteen countries, including Indonesia, Vietnam, Malaysia, the Philippines, Thailand, Cambodia, Singapore, China, Saudi Arabia, the UAE, Mexico, Brazil and Egypt. Adhering to its “customer-oriented and efficiency-based” mission, J&T Express is committed to providing customers with integrated logistics solutions through intelligent infrastructure and digital logistics network, as part of its global strategy to connect the world with greater efficiency and bring logistical benefits to all.

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SOURCE J&T EXPRESS

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CHINT’s CHX120 Integrated DC Meters Offer a Reliable and Precise Solution

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SHANGHAI, Nov. 14, 2024 /PRNewswire/ — (CHINT )The global shift towards electric vehicles (EVs) and renewable energy solutions has increased the demand for accurate and reliable DC metering technologies. DC meters play a crucial role in charging systems, where precise energy measurement is vital to ensure transparency, efficiency, and fairness for both operators and consumers.

DC meters are primarily designed for electric vehicle charging stations, where high precision and reliability are essential. The CHINT CHX120 is an innovative DC meter designed specifically for EV charging stations and other high-demand DC metering environments. Key features include:

Integrated Design: Shunt and meter combined in a single unit, reducing space and simplifying installation.High-Precision Measurement: Accurate readings for both forward and reverse energy flows, ensuring reliable billing.Multi-Tariff and Time Period Support: Supports up to 12 tariffs and 24 time periods for flexible energy pricing.Intelligent Temperature Monitoring: Monitors temperature to ensure safe operation and extend equipment lifespan.Strong Communication Compatibility: Compatible with RS-485, Modbus, and other protocols for seamless system integration.Diverse Shunt Specifications: Offers various shunt sizes, supporting currents up to 650A for high-power applications.Dual Sealing: Features physical and electronic seals for enhanced security and tamper resistance.Strong Data Storage Functionality: Stores up to 100 charging cycles and preserves data for 10 years during power outages.

The CHX120 is perfect for electric vehicle charging stations and other DC metering scenarios where high precision, safety, and reliability are crucial. It is particularly suited for high-power charging applications and systems requiring robust performance and long-term data storage.

In summary, DC meters are essential components in modern energy systems, particularly in electric vehicle charging infrastructure. Their ability to accurately measure energy consumption, communicate data remotely, and integrate seamlessly into complex systems makes them invaluable for both operators and consumers. The CHINT CHX120 is a standout DC energy meter that combines cutting-edge technology with practical design, offering a reliable and precise solution for today’s DC metering needs.

By understanding the principles, technology, and application of DC meters, businesses and consumers can make informed decisions to optimize energy usage and improve operational efficiency.

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View original content:https://www.prnewswire.co.uk/news-releases/chints-chx120-integrated-dc-meters-offer-a-reliable-and-precise-solution-302305475.html

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