Technology

iRobot Announces Executive Transitions

Published

6 hours ago

November 6, 2024

BEDFORD, Mass., Nov. 6, 2024 /PRNewswire/ — iRobot Corp. (NASDAQ: IRBT), a leader in consumer robots, today announced that Julie Zeiler, the company’s chief financial officer, and Russ Campanello, the company’s chief human resources officer, will retire, effective December 2, 2024. Karian Wong, iRobot’s senior vice president and principal accounting officer, will succeed Ms. Zeiler as chief financial officer, and Jules Connelly, the company’s former senior director of human resources, will succeed Mr. Campanello as chief human resources officer. As part of a planned succession, Ms. Zeiler and Mr. Campanello are expected to stay on in advisory roles through March 28, 2025.

“Karian and Jules each have an in-depth understanding and a unique historical perspective of iRobot, and represent our new generation of leaders,” said Gary Cohen, iRobot’s chief executive officer. “I look forward to working with them as we execute our Elevate turnaround strategy to reclaim iRobot’s position as the global innovation leader in consumer robots for the home and beyond.”

“Both Julie and Russ have contributed a tremendous amount in their time with iRobot. They have been instrumental in our aggressive efforts to position the company for profitability in what is a dynamic environment. On behalf of our board of directors, along with our entire leadership team, I want to thank them for their hard work and wish them nothing but the best.”

Ms. Wong has more than 25 years of auditing and accounting experience and has been with iRobot for over seven years. She joined iRobot in 2017 as VP of finance and chief accounting officer. She has served as SVP and principal accounting officer since 2021 and has led the company’s investor relations efforts for the past two years. Prior to joining iRobot, Ms. Wong was VP and controller at Nuance Communications, a publicly held computer software technology corporation, where she worked for 11 years. She was previously a senior audit manager at Ernst & Young. Ms. Wong is a graduate of the University of Arizona.

Ms. Connelly joined iRobot in 2017, rising to senior director of human resources in 2023. Throughout her career, Ms. Connelly has distinguished herself as an effective change agent with deep experience in designing and implementing effective HR processes and practices, particularly with respect to company culture and employee engagement. Prior to joining iRobot, she was the vice president of people operations at NutraClick, a technology-driven health and wellness products company. Ms. Connelly has a B.A. in psychology from the University of Connecticut.

About iRobot Corp.
iRobot is a global consumer robot company that designs and builds thoughtful robots and intelligent home innovations that make life better. iRobot introduced the first Roomba robot vacuum in 2002. Today, iRobot is a global enterprise that has sold more than 50 million robots worldwide. iRobot’s product portfolio features technologies and advanced concepts in cleaning, mapping and navigation. Working from this portfolio, iRobot engineers are building robots and smart home devices to help consumers make their homes easier to maintain and healthier places to live. For more information about iRobot, please visit www.irobot.com.

For iRobot Investors
Certain statements made in this press release that are not based on historical information are forward-looking statements which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. This press release contains express or implied forward-looking statements relating to iRobot Corporation’s expectations concerning executive transitions and execution of the company’s strategy. These statements are neither promises nor guarantees, but are subject to a variety of risks and uncertainties, many of which are beyond our control, which could cause actual results to differ materially from those contemplated in these forward-looking statements. Existing and prospective investors are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. iRobot undertakes no obligation to update or revise the information contained in this press release, whether as a result of new information, future events or circumstances or otherwise. For additional disclosure regarding these and other risks faced by iRobot, see the disclosure contained in our public filings with the Securities and Exchange Commission including, without limitation, our most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q.

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SOURCE iRobot Corporation

Technology

IgniteTech Delivers MyPersonas for Jive AI, Redefining Human-AI Collaboration

Published

3 mins ago

November 6, 2024

Groundbreaking announcement made at Financial Times’ Future of AI Conference

LONDON, Nov. 6, 2024 /PRNewswire/ — IgniteTech, a leader in enterprise AI solutions, today launched MyPersonas™ for the Jive AI platform at the Financial Times (FT) Future of AI Conference, where CEO Eric Vaughan shared insights during a fireside chat with FT Technology Reporter Stephanie Stacey.

MyPersonas represents a breakthrough in knowledge sharing by creating AI-powered digital clones of Subject Matter Experts (SMEs) that interact with users through natural-language, multi-modal chat sessions. The solution, which supports over 160 languages, addresses a universal challenge: making expert knowledge accessible without creating bottlenecks around key personnel.

What sets MyPersonas apart is its patent-pending dynamic learning capability. When the AI encounters questions it cannot answer, it automatically connects with the human expert through iOS, Android, Slack, or Microsoft Teams. The expert’s response is not only delivered to the user but also permanently enriches the AI’s knowledge base, ensuring continuous improvement and reducing repetitive inquiries over time.

“MyPersonas transforms the AI narrative from job replacement to human empowerment,” said Vaughan during his “AI Resistance to Renaissance” fireside chat. “We’re enabling organizations to multiply the impact of their top performers while freeing them to focus on strategic initiatives.”

The solution helps prevent SME burnout while enhancing team collaboration and accelerating decision-making. Organizations from small businesses to global enterprises can now provide around-the-clock access to expert knowledge without overwhelming key personnel.

First previewed at the ImagineAI Live Conference in Las Vegas in March 2024, MyPersonas demonstrates IgniteTech’s commitment to AI-first innovation. The rapid development cycle – just eight months from concept to market – showcases the power of AI-enhanced software development and IgniteTech’s successful transformation to an AI-first organization.

About IgniteTech
Founded in 2010, IgniteTech is a leading AI-first enterprise software company. With a track record of successful acquisitions and rapid innovation, IgniteTech’s solutions power businesses worldwide. The recent announcements of AI product visions and enhancements across its entire portfolio highlight IgniteTech’s commitment to transforming its offerings with AI-centric innovative solutions.

About Jive AI Software
Jive AI is an industry-leading Employee Experience Platform uniting people, knowledge, and content in a secure hub across mobile and desktop devices. It is an indispensable tool for millions of users and many of the world’s most successful organizations who depend on Jive-powered collaboration hubs to get work done. Part of the IgniteTech Software portfolio, Jive AI continues to transform the landscape of collaboration, making every interaction meaningful.

Experience the Future of Work with MyPersonas
To learn more about how MyPersonas can revolutionize your organization, visit MyPersonas.ai or contact your Jive AI account representative.

For Media Inquiries: meridith@mk-bridge.com or teena@teenatouch.com
For Business Inquiries: software@ignitetech.com
Follow: LinkedIn / X

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Technology

EVN Ho Chi Minh City Reinforces its Commitment to Maximum Reliability and Resiliency

Published

3 mins ago

November 6, 2024

Top executives from EVN Ho Chi Minh City (one of the largest electricity providers in Vietnam) visit Survalent to strengthen partnership and receive 2024 Industry Leadership Award.

BRAMPTON, ON, Nov. 6, 2024 /PRNewswire-PRWeb/ — Survalent had the honor of welcoming a delegation of power executives from EVN Ho Chi Minh City (EVNHCMC), one of the largest electricity providers in Vietnam, to its global headquarters on October 8, 2024. The visit marked a pivotal step forward in the partnership between Survalent and EVNHCMC, driving forward the modernization and optimization of the power grid in Ho Chi Minh City.

“We are proud to celebrate EVNHCMC’s remarkable accomplishments,” said Steve Mueller, CEO of Survalent. “Their use of SurvalentONE FLISR and SCADA systems has significantly improved the reliability of their grid, and we are excited to continue our partnership on future projects.”

EVNHCMC and Survalent have previously collaborated on deploying Fault Location, Isolation, and Service Restoration (FLISR) technology to EVNHCMC’s 872 feeders, which yielded immediate, substantial results. In the first year of running SurvalentONE FLISR, EVNHCMC reduced their System Average Interruption Duration Index (SAIDI) by 95% and their System Average Interruption Frequency Index (SAIFI) by 93%, earning them a spot among the top 50 power companies on Smart Grid Benchmarking Results 2022.

EVNHCMC’s achievements have been recognized with numerous awards, including a perfect score of 4 out of 4 in grid monitoring and control by the Singapore Power Grid’s Smart Grid Index in 2022, the prestigious “Digital Enterprise” certification from the Vietnamese Ministry of Information and Communications, and POWER magazine’s “2024 Smart Grid Award” for their Distribution Automation System (DAS) project. Additionally, EVNHCMC won the “Smart Grid Project of the Year” award at Enlit Asia in both 2023 and 2024, demonstrating their continued innovation and excellence in smart grid development.

During the visit, EVNHCMC representatives provided an update on their success with SurvalentONE SCADA and SurvalentONE FLISR which has been fully operational across their entire distribution network since 2021. The system supports 5 independent regions with 100,000 datapoints and connects to 12 substations at 220kV, 62 substations at 110kV, and over 3,000 medium voltage switching devices. EVNHCMC has been able to remotely operate all 22kV circuit breakers, monitor the grid in real-time, and handle 91% of the incidents on their 22kV grid through automation in 2023.

The delegation also discussed future plans to expand the SCADA and FLISR systems, aiming to enhance the resiliency and efficiency of the power network further. It’s critical that EVNHCMC deliver high-quality, reliable power to support the city’s citizens, to attract and retain commercial and industrial enterprises to the city, and to uphold electricity’s important role in economic, social, and political stability.

To commemorate EVNHCMC’s outstanding achievements in grid modernization and reliability, Survalent presented them with the Survalent 2024 Industry Leadership Award. This award recognizes select utilities that demonstrate leading-edge utility processes, and extraordinary commitment to maximum reliability, resiliency, and to future grid advancements.

Survalent looks forward to building on this strong foundation, continuing to support EVNHCMC in their pursuit of innovation and excellence in power grid modernization.

About Survalent:
Survalent is the most trusted provider of ADMS and DERMS for electric, water/wastewater, oil & gas, renewable energy, and transit utilities across the globe. More than 800 utilities in 40+ countries rely on SurvalentONE ADMS and DERMS solutions to operate, monitor, analyze, restore, and optimize operations and better integrate renewable resources into their network. Our SCADA, OMS, and DMS solutions enable utilities to significantly increase reliability & resiliency, customer satisfaction, and operational efficiencies. Our DERMS solution enables utilities to monitor, control, report on, plan and optimize renewable energy assets in the grid. Our comprehensive substation automation solution, StationCentral, delivers real-time control and monitoring to help utilities enhance network performance and protect their investment in mission-critical substations. Our unwavering commitment to excellence and to our customers has been the key to our success for over 60 years.

To learn more about Survalent, please visit http://www.survalent.com or contact:

Debbie Gallo
VP, Marketing
press@survalent.com
(905) 285-9528

Media Contact

Survalent Press, Survalent, 905-826-5000, press@survalent.com, https://www.survalent.com/

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SOURCE Survalent

Technology

The Goodman Group Announces Kevin Carden as Vice President of Investments

Published

3 mins ago

November 6, 2024

CHASKA, Minn., Nov. 6, 2024 /PRNewswire/ — The Goodman Group has appointed Kevin Carden as vice president of investments at JBG Design & Development, an affiliate specializing in interior design services, project planning, development, acquisitions, and renovation services for The Goodman Group’s managed communities.

The Goodman Group has appointed Kevin Carden as vice president of investments at JBG Design & Development.

Founded in 1965, The Goodman Group is a recognized national leader in developing and managing senior living and health care communities, residential communities, and commercial properties. With over 65 properties across eight states, the company provides homes for over 10,000 residents and employment for over 4,000 individuals. Platinum Service® is the customer philosophy of The Goodman Group and serves as each managed community’s ongoing commitment to residents and families to deliver the highest-level quality of service.

Carden holds a master’s degree in business administration with a focus on finance and international business and brings more than 25 years of experience in sourcing and completing real estate investments, conducting market research, and leveraging strategic investment platforms, particularly in the senior living industry. Carden will lead the origination, evaluation, and execution of beneficial acquisition and development opportunities for The Goodman Group and its managed partnerships, including The Goodman Family Operating Foundation (TGFOF).

The Goodman Group’s investments are focused in both senior living and residential properties, as well as for-profit ventures and not-for-profit initiatives. The company aims to achieve strategic growth through the management and development of extraordinary communities, innovative technologies, and life enriching programs and services, while remaining committed to its mission and the mission of its nonprofit partners.

“I’m very excited to join The Goodman Group. I believe that The Goodman Group’s ability to self-fund the entire equity stack, hold and execute long-term strategies, access tax-exempt financing for its partners, and maintain traditions of high-quality resident service for over half a century, uniquely positions the organization and its partners to aggressively pursue and complete acquisition and development opportunities,” Carden says. “The Goodman Group is a long-standing organization with continual growth, and I’m excited to be part of the acquisitions and developments that are to come.”

With careful consideration of third-party management opportunities, The Goodman Group will continue contributing to its legacy, building relationships, and planning for the future. The company takes pride in expanding its portfolio through acquisitions and new developments in select markets.

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SOURCE The Goodman Group