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Pioneering AI technology from Bain & Company powering Athena Pathway’s bid for British victory in inaugural Women’s America’s Cup

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Unique, cutting-edge AI simulation tools and technology deployed by Bain to optimise British competitors’ racing performance in the world’s premier global sailing competition

LONDON, Oct. 11, 2024 /PRNewswire/ — Pioneering AI advances developed by Bain & Company are being harnessed by Britain’s team of world-class women sailors in their bid to make sporting history by winning the inaugural Women’s America’s Cup in this weekend’s finals at the pinnacle of global sailing competition.

Bain is partnering with Athena Pathway and its sailing teams, Britain’s entrants in the Women’s and Youth America’s Cup races, to bring state-of-the-art AI technology to power their challenges for victory in the world’s oldest sporting trophy contest, with this year marking the first-ever women’s race in the competition. Watch the video here.

Athena Pathway was founded by the British sailing champions Hannah Mills OBE and Sir Ben Ainslie, the world most decorated Olympic sailors, to change the landscape of competitive high-performance sailing by bringing diversity and equal opportunities to the sport in the UK. Britain’s Athena Pathway teams in the Women’s and Youth America’s Cup include women sailors and youth sailing talent with a collective six Olympic medals and 22 sailing World Championship medals. They are competing against crews from the United States, Canada, France, Germany, Spain, Italy, the Netherlands, Switzerland, Sweden, Australia and New Zealand.

Bain & Company’s Advanced Analytics Group, the firm’s AI practice, and a team of expert Bain consultants have worked in close collaboration with Athena Pathway sailors, coaches and teams at its base in Barcelona and remotely, to develop and deploy unique AI-powered simulation tools and technology to enhance and optimise the performance of the Athena Pathway teams in their bid for America’s Cup wins.

The AI technology developed by Bain for Athena Pathway exploits detailed race performance data pulled from sensors fitted on the specialised, high-performance AC-40 yachts used in the America’s Cup racing – a new class of one-design foiling monohull yacht designed to ensure teams secure wins based entirely on the talent, technique and skills of competing crews.

Harnessing the data captured from race trials, practices and early phases of the America’s Cup competition, the unique AI technology from Bain enables sophisticated analysis by the Athena Pathway teams  supported and advised by Bain’s expert consultants, to maximise speed and optimise manoeuvres on the water, enhancing sailing efficiency in the high-speed racing and helping to achieve the best overall race performance. AI-powered simulations allow the Athena Pathway teams the test multiple “what if” race scenarios onshore during training, saving time versus testing these on the water, as well as adjusting real-time decision-making in simulated race conditions on the water.

Hannah Mills, Athena Pathway’s co-founder and Team Principal at the yacht’s helm in the women’s races, said: “Using AI to really help us learn and evolve and upskill very quickly has been a huge part of our training in preparation for the America’s Cup. Bain’s partnership with us has been integral to trying to achieve our goal of winning. When I look at what Bain has been doing with us, particularly on the ground, I’ve never had a partnership quite like it.”

The AI simulations, driven by Bain’s custom-built deep-learning AI model, unique to this project, acts as a ‘digital twin’ of Athena Pathway’s real-life AC40s yachts. This enables the crews to optimise so-called “velocity made good” (VMG), a key driver of race performance, for the yachts using interactive mapping enabling visualisation of both past, real sailing manoeuvres as well as simulated scenarios the teams want to test out. The AI models, pulling from around six million individual data observations captured by the sensors used, across more than 40 types of input variable, provide instantaneous feedback and real-time insights on specific scenarios of interest to the teams as they plan their race tactics and strategy.

Chris Draper, head coach for Athena Pathway, added: “Having the AI tools and being able to share that collaboratively has been enormous for us. It really has been a game-changing relationship. We’ve got sensors throughout the boats that give us direct feedback on how things are moving, the loads and strains, so you can identify exactly what is happening. We’re literally learning every day how to optimize performance and the AI tool is enabling us to do that, providing us with really, really interesting results. It thinks slightly outside of the box and it’s proving exceptionally useful for us.”

Discussing the partnership with Athena Pathway, Hugo Parkinson, Bain senior partner and leader of the firm’s Advanced Manufacturing practice in EMEA, said: “We are hugely excited to have partnered with Athena Pathway in this ground-breaking way. The unique AI tools we’ve been able to bring to their challenge in the America’s Cup is pioneering and is helping the teams solve some of their biggest challenges in the racing. It’s learned how to sail the boat and now it makes a series of AI-powered recommendations on how to sail it faster. Being able to bring this sort of advanced analytics to such an exciting environment is incredibly helpful in furthering the ambitions of Athena Pathway in this top-tier sport. For us at Bain, there’s also the tremendous benefit of what we’ve learned through this collaboration where we’ve been able to identify multiple real-world applications for this technology in all kinds of business use cases.”

In addition to backing Athena Pathway’s challenge for the America’s Cup with AI technology, Bain has also worked with the teams, and their coaches and leaders, to enhance their operations at their Barcelona base in multiple additional ways, with Bain support for optimising teamwork, help with upgrades to IT systems, onshore base efficiencies and planning, and improved documentation in the teams’ playbooks.

Juan Carlos Gay, Bain senior partner in the firm’s Energy & Natural Resources practice and global Head of the Capital Projects Acceleration team, who co-led Bain’s Athena Pathway collaboration with Hugo Parkinson, added: “Our partnership with Athena Pathway has been a tremendous opportunity to bring our technological and AI capabilities, and our deep business expertise in a wider range of ways, to this thrilling realm – competitive yacht racing – outside of the business world. Bain champions diversity in everything we do, which is core to our mission, so it’s been particularly inspiring for us and Athena Pathway to come together in support of the young and female talent competing in this inaugural Women’s America’s Cup race.”

Media contacts
To arrange an interview or for any questions, please contact:

Gary Duncan (London) — Email: gary.duncan@bain.com
Katie Ware (New York) — Email: katie.ware@bain.com
Ann Lee (Singapore) — Email: ann.lee@bain.com 

About Bain & Company

Bain & Company is a global consultancy that helps the world’s most ambitious change makers define the future.

Across 65 cities in 40 countries, we work alongside our clients as one team with a shared ambition to achieve extraordinary results, outperform the competition, and redefine industries. We complement our tailored, integrated expertise with a vibrant ecosystem of digital innovators to deliver better, faster, and more enduring outcomes. Our 10-year commitment to invest more than $1 billion in pro bono services brings our talent, expertise, and insight to organizations tackling today’s urgent challenges in education, racial equity, social justice, economic development, and the environment. We earned a gold rating from EcoVadis, the leading platform for environmental, social, and ethical performance ratings for global supply chains, putting us in the top 2% of all companies. Since our founding in 1973, we have measured our success by the success of our clients, and we proudly maintain the highest level of client advocacy in the industry. 

 

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Lexmark Showcases New Printers and Technology Solutions for Retailers at NRF 2025

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NEW YORK, Jan. 12, 2025 /PRNewswire/ — Lexmark, a global imaging and IoT solutions leader, will showcase its cutting-edge, retail-ready printers and solutions at NRF 2025, Retail’s Big Show and Expo, Jan. 12 to 14, at the Jacob K. Javits Center in New York. The Lexmark showcase will be in booth #6321.

“Lexmark kicks off the year with a bang by showcasing our latest 9-Series family of A3 printers and MFPs at NRF for the first time,” said Tim Speller, Lexmark’s head of retail and manufacturing. “These sophisticated devices will usher in a new era of opportunity for retailers to maximize operational efficiency while increasing sales.”

Here’s what will be on display in Lexmark booth #6321:

New Lexmark 9-Series printers and MFPs are designed for challenging retail environments

Built by evolving Lexmark’s renowned A4 technology, the 9-Series delivers versatility, simplicity and sustainability. These solutions are easy to use and manage – perfect for any retail salesfloor or back office.

Key highlights of 9-Series:

Versatile and easy to use. The 9-Series offers a broad range of media size support (A6 to SRA3), high-volume duty cycles, a common set of modular paper-handling options, finishing capabilities and professional color features including PANTONE® calibration.Simple and easy to manage. The 9-Series’ intuitive interface streamlines workflows by providing simple instructions and prompts. For routine maintenance, toner cartridges can be replaced with one hand, easily understood visual cues are displayed, and serviceable areas are easy to access and identify.Sustainable and easy to feel good about. The 9-Series’ total post-consumer recycled (PCR) content is 56% by weight for all base-model MFPs and 73% by weight for the line’s base-model printer, based on IEEE calculation procedures. *Built to last. The 9-Series is designed and built to last seven years or more. Having few components helps reduce the likelihood of technical failure while also minimizing the service time required for repairs and maintenance. Experienced technicians can perform most common service actions, even highly complex tasks, in less than 15 minutes, according to Lexmark testing.

Lexmark Engagement Automation Platform (LEAP) helps retailers drive sales and foot traffic with hyper-local social media ads

LEAP automates one-to-one promotions that drive footfall to local stores. Store leaders can trigger hyper-personalized sale posts and boost ads based on individual store inventory conditions through loyalty program apps and social media platforms like Facebook and Instagram. With advanced analytics and reporting capabilities, LEAP provides the insights needed to measure success and make data-driven decisions.

Key highlights of LEAP:

Engagement: To engage shoppers, center promotions around customer buying patterns with an engagement automation platform that posts localized content – such as store-specific offers, events and locally grown produce initiatives.

Automation: Schedule and manage automatic localization and delivery of corporate promotional messaging with an engagement automation platform to reach consumers through social media with hyper-local content around each store or audience region.

Loyalty: Attract local customers with an engagement automation platform that sends store- and corporate-initiated offers to geo-fenced social media apps like Facebook and Instagram and loyalty program applications.

Supporting resources

Learn more about Lexmark’s booth at NRF 2025.

Read Lexmark’s NRF blog.

Schedule a booth meeting with our retail experts during NRF 2025.

Get more details about the Lexmark 9-Series.

Get more details about the Lexmark Engagement Automation Platform (LEAP).

Watch a video about LEAP.

Get the details on NRF 2025.

Follow us on LinkedIn for live NRF updates.

About Lexmark

Lexmark creates cloud-enabled imaging and IoT technologies that help customers worldwide quickly realize business outcomes. Through a powerful combination of proven technologies and deep industry expertise, Lexmark accelerates business transformation, turning information into insights, data into decisions, and analytics into action.

Lexmark and the Lexmark logo are trademarks of Lexmark International, Inc., registered in the United States and/or other countries. All other trademarks are property of their respective owners.

* PCR content measured in accordance with IEEE Std 1680.2a™ – 2017 Standard for Environmental Assessment of Imaging Equipment – Amendment 1 — which is the standard used by EPEAT.

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Pricer and Focal Systems Announce Strategic Collaboration to Drive the Next Step in Physical Store Digitalization

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Pricer, a global leader in digital shelf-edge solutions, and Focal Systems, a leader in shelf-edge AI, today announced a strategic collaboration to accelerate the digitization and optimization of the physical store for retailers worldwide.

STOCKHOLM, Jan. 12, 2025 /PRNewswire/ — This collaboration brings together Pricer’s innovations in dynamic pricing and shelf-edge communication with Focal Systems’ advanced computer vision and product availability solutions to maximize shopper satisfaction while optimizing retail operations.

As a pioneer in enabling dynamic pricing and digitizing shelf-edge shopper communication, Pricer has led the first step of the retail digitalization journey. Focal Systems has pioneered the application of computer vision to digitizing what products are available on-shelf or not in near real-time. Together, Pricer and Focal Systems will empower retailers to improve labor efficiency, reduce out-of-stocks, increase sales, and enhance shopper satisfaction like never before.

Enhancing the Shelf Edge Through Collaboration

By integrating Focal Systems’ AI-powered shelf vision cameras with Pricer’s leading electronic shelf label (ESL) platform, retailers will benefit from:

Real-Time Shelf Insights: Automated detection and alerting of out-of-stock or low items powering rapid replenishment and increased shopper satisfactionDynamic Task Automation: Streamlined workflows and prioritized tasks to improve operational efficiency for store staff.Patented Innovation: Camera-based out of stock detection and communication, flashing ESLs, alternate location communication.Seamless Integration: Standardized API connections that deliver out-of-the-box value, offering synchronized ESL flashes, messaging updates, and shelf-edge intelligence.

Together, Pricer and Focal Systems demonstrate that the combined offerings deliver measurable value for the retailers by enabling a fully digitalized shelf-edge ecosystem.

Strategic Collaboration for the Future of Retail

“We are proud to combine our leadership in ESL technology with Focal Systems’ AI-powered shelf vision,” said Chris Chalkitis, CDO at Pricer. “Both companies share a belief in the digitalization of the physical store. Pricer has been a pioneer in dynamic pricing and shelf-edge communication. With Focal Systems, we take the next step, digitizing what’s on the shelf – and what’s not – to drive greater efficiency and performance for retailers.”

Focal Systems’ AI technology transforms retail operations through real-time shelf monitoring and replenishment task optimization.

“Partnering with Pricer, a global leader with groundbreaking ESL technology and innovation, creates tremendous value for retailers,” said Kevin H. Johnson, CEO at Focal Systems. “Together, we deliver an integrated, data-driven solution that reduces operational complexity, automates workflows, and enhances the in-store experience. We look forward to demonstrating this powerful collaboration to retailers and their customers.”

Showcasing the Future at NRF 2025

The collaboration will officially debut at the National Retail Federation (NRF) Big Show in January 2025, where Pricer and Focal Systems will showcase the integrated solution at Pricer’s booth. This marks the beginning of an exciting journey to redefine the shelf edge and set new standards for retail innovation.

For further information, please contact:
Chris Chalkitis, Chief Digital Officer, +46 70 4849812
Finn Wikander, Chief Product Officer, +46 705 233077
info@pricer.com

About Pricer

Pricer is a leading global provider of digital shelf-edge solutions, helping retailers optimize pricing, improve operational efficiency, and enhance the customer experience. With patented innovations like camera-based product identification by ESL, Pricer continues to set the standard for dynamic, intelligent shelf-edge solutions. For more information, visit www.pricer.com.

About Focal Systems

Focal Systems is a leading provider of AI-powered computer vision solutions, helping retailers automate operations and optimize product availability through real-time shelf monitoring. Its advanced technology delivers actionable insights that drive efficiency and profitability. For more information, visit www.focal.systems.

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/pricer/r/pricer-and-focal-systems-announce-strategic-collaboration-to-drive-the-next-step-in-physical-store-d,c4090287

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Blue Owl Capital Expands Tennis Player Sponsorship to All Grand Slam Tournaments in 2025

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Blue Owl to place logo patches on dozens of athletes competing across the Australian Open,
French Open, Wimbledon, and US Open

Jordan Thompson named as Blue Owl’s dedicated athlete ambassador for the Australian Open

NEW YORK, Jan. 12, 2025 /PRNewswire/ — Blue Owl Capital Inc. (“Blue Owl”) (NYSE: OWL), a leading alternative asset manager, announced today a marquee sponsorship agreement to expand their presence at all Grand Slam tournaments in 2025 and become the exclusive financial services partner for professional tennis’ Player Patch Program.

Blue Owl’s logo will be featured on the shirt of select players competing across men’s singles, women’s singles, mixed doubles, men’s doubles and women’s doubles competitions at this year’s Australian Open, French Open, Wimbledon, and US Open tournaments. In addition to Blue Owl’s presence on the courts, the firm will be featured in iconic Melbourne transit hubs, social media and digital media during the Australian Open in an effort to raise brand awareness within the country and the broader APAC market.

Blue Owl Chief Marketing Officer Suzanne Escousse said, “Just as Blue Owl is redefining alternative investing, we are supporting established and emerging professional players who are redefining the game of tennis. Tennis is a truly worldwide sport requiring peak performance in critical, high-pressure moments. This is the same ethos that underpins Blue Owl and allows us to focus on delivering results for our international client base. Following the success of our involvement with the Patch Program at the 2024 US Open, and given Blue Owl’s established presence within the country, Australia is the perfect place to kick off our presence across Grand Slam tournaments.”

Blue Owl has also partnered with Australian tennis professional Jordan Thompson, who will serve as the firm’s Athlete Ambassador at the 2025 Australian Open – January 12-26 in Melbourne. Most recently, Thompson won the men’s doubles at the 2024 US Open, where he was wearing a Blue Owl patch, and was a men’s doubles finalist at Wimbledon in 2024. He has also registered victories over several top-10-ranked opponents in singles competitions and previously represented Australia at the Olympics and the Davis Cup. Thompson will be one of several competitors wearing Blue Owl’s logo throughout the tournament.

Jordan Thompson said: “Blue Owl is focused on delivering excellence for its clients, which makes it a great fit for a partnership with professional tennis players. Support from firms like Blue Owl is tremendously beneficial for players who are preparing for career-defining events, especially the four Grand Slams. Our shared core values, including striving for success in every step of our journeys, whether that be in the financial services industry or competing as a professional athlete, is a perfect match. Alongside my coaches, my doubles teammate(s) and tennis fans, Blue Owl will play a key role for me here in Melbourne at the 2025 Australian Open.”

About Blue Owl

Blue Owl (NYSE: OWL) is a leading asset manager that is redefining alternatives.

With $235 billion in assets under management as of September 30, 2024, we invest across three multi-strategy platforms: Credit, GP Strategic Capital, and Real Estate. Anchored by a strong permanent capital base, we provide businesses with private capital solutions to drive long-term growth and offer institutional investors, individual investors, and insurance companies differentiated alternative investment opportunities that aim to deliver strong performance, risk-adjusted returns, and capital preservation.

Together with over 1,050 experienced professionals, Blue Owl brings the vision and discipline to create the exceptional. To learn more, visit www.blueowl.com.

Media Contact

Nick Theccanat
Principal, Corporate Communications & Government Affairs
Nick.Theccanat@blueowl.com

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