PR Newswire | August 01, 2023
Palantir Technologies Inc. (NYSE: PLTR) today announced that it was selected by the Defense Information Systems Agency (DISA) to support coordination between federal and commercial licensees of the 3450 - 3550 MHz spectrum band. Palantir will provide its software platform to enable end-to-end automation that will enhance coordination between the Department of Defense and commercial spectrum licensees for shared use of the 3450-3550 MHz band within cooperative planning area (CPA) and periodic use area (PUA) coordination zone boundaries.
As part of an ongoing interagency effort to facilitate the shared usage of critically important mid-band spectrum, Palantir's software will enable DISA's Defense Spectrum Organization (DSO) to support formal and informal coordination processes between the Department of Defense and commercial licensees. Existing and future government activities in the spectrum band are vital to protect national security and ensure military readiness.
Palantir software will be used to integrate multiple existing functions and capabilities into a single infrastructure that will result in more efficient workflows, reducing the timelines for licensee coordination with DoD to establish sharing agreements and enable deployment of 5G wireless services within CPA/PUA boundaries. Palantir software will also be used to demonstrate the ability to support more advanced spectrum sharing use cases.
"We are proud to partner with DISA DSO to support the complex task of sharing limited spectrum resources between federal and commercial users," said Akash Jain, President, Palantir USG. "We are excited to rapidly deploy software that will accelerate and automate coordination workflows and enable the increasingly dynamic and efficient use of spectrum."
"As military and commercial use of radio-frequency spectrum continues to grow, spectrum coordination will be increasingly necessary to preserve the effectiveness of critical national security capabilities while enabling U.S. commercial leadership in 5G and other critical technology areas. Palantir looks forward to working alongside the Department of Defense to deploy innovative software solutions that support advanced spectrum sharing workflows and processes," said Miriam Marwick, SVP, Emerging Technologies, Palantir USG.
About Palantir Technologies Inc.
At Palantir, we're helping the world's most important institutions use their data to solve their most urgent problems. Our software lets our customers integrate and analyze all of their data so they can answer questions that they couldn't before. From delivering disaster relief to building safer automobiles, we're honored to help make our partners better at their most important work.
Emerging Technology, Infrastructure
Businesswire | July 25, 2023
Clarius Mobile Health, a leading provider of high-definition handheld ultrasound systems, has been selected by the Government of Canada to participate in the new Global Hypergrowth Project (GHP), powered by the Federal Ministry of Innovation, Science, and Economic Development. GHP is designed to help the country’s most promising scale-up companies to further fuel their growth with the support of a team of experts with extensive public and private sector experience.
“Canada wins when cutting-edge companies keep operations, profits, and jobs here at home. And when they scale up around the world, they signal that Canada is open for business,” said Minister Mary Ng. “With the Global Hypergrowth Project, we're doubling down on Canada's most promising firms, to help them scale up, from here.”
Clarius has an ambitious mission to improve patient care globally and reduce healthcare costs by enabling clinicians to instantly look into a patient’s body to confidently diagnose disease and enhance procedural safety. The company was the first to develop a high-definition pocket-size wireless ultrasound scanner that works with an app on Apple and Android smart devices. Since Clarius began selling its ultrasound scanners in 2016, more than 20,000 clinicians have used them performing more than 3.8 million scans. Clarius currently employs over 150 people at its headquarters, an innovation center and manufacturing facility in Vancouver, British Columbia.
“We share the government of Canada’s goal to build a vibrant, local medical technology community and we’re extremely honoured to be one of a select few innovative companies in Canada chosen to participate in the Global Hypergrowth Project,” said Clarius CEO Ohad Arazi. “Having our government’s support for funding, international expansion, access to government procurement projects, and more will help rapidly accelerate our growth. Our team is energized to be recognized as one of Canada’s 15 most promising companies!”
Minimum criteria for participation in the GHP include: annual revenues of $30 million; 40% gross margin; 30% revenue compound annual growth over the last three years; and headquarters in Canada with at least 60% employees based in the country. Clarius underwent a rigorous selection process to demonstrate its ability to execute on growth ambitions and prove its potential to seize opportunities for global leadership and to create and maintain highly-skilled jobs in Canada. Clarius was selected by a volunteer panel of notable Canadian business leaders appointed by Innovation Canada.
Clarius is the only ultrasound company to offer 10 AI-powered models of handheld ultrasound scanners designed for a broad range of medical specialists including orthopedic surgeons, aesthetic clinicians, emergency physicians, and veterinarians.
About Clarius Mobile Health
Clarius is on a mission to make accurate, easy-to-use, and affordable ultrasound tools available to all medical professionals in every specialty. With decades of experience in medical imaging, the team knows that great ultrasound imaging improves confidence and patient care. Today, Clarius handheld wireless ultrasound scanners connect to iOS and Android devices, delivering high-resolution ultrasound images traditionally only available with bulkier, high-end systems at a fraction of the cost. Three million high-definition scans have been performed using Clarius wireless handheld scanners. Clarius scanners are available in over 90 countries worldwide. Learn more at www.clarius.com.
Emerging Technology, Government Business
Newswire | June 29, 2023
Revenue Solutions, Inc. (RSI), a leading provider of advanced SaaS solutions for government revenue management and control, is revolutionizing tax compliance through its cutting-edge AI technology. By leveraging the power of analytics and machine learning, RSI's flagship product, revX, empowers governments to streamline workflows, make data-driven decisions with unprecedented efficiency, and enhance revenue management.
"Governments around the world are facing increasing demands for efficiency, transparency, and compliance," says John Skinner, CEO of RSI. "At RSI, we are proud to be at the forefront of driving innovation that addresses these critical needs. revX Analytics is not just a technology solution; it represents a bold vision for transforming government operations through AI. We are empowering governments to unlock their full potential, enabling them to make more informed decisions, increase revenue, identify fraud, and optimize resources. We are committed to reinventing the way governments operate, and revX Analytics is the cornerstone of that revolution."
The core principle embedded in revX Analytics is the goal of making data-driven decisions. By offering an extensive range of business rules and functions, RSI enables governments to optimize resources, saving time and money. revX Analytics automates decisions where possible, while also identifying instances where staff input and involvement is crucial. Key areas of focus for revX Analytics to support government decision-making include Discovery, Compliance, Fraud Detection, Collections Prioritization and Optimization, and Audit Selection.
John Kitonis, CTO of RSI, highlights the company's continuous pursuit of innovation and technology advancement. "At RSI, we are constantly pushing the boundaries of what is possible with AI technology," says Kitonis. "We believe in being at the forefront of innovation, consistently exploring new approaches and technologies to improve our solutions. With revX Analytics, we have pushed a platform that not only harnesses the power of machine learning and data aggregation but also adapts to evolving compliance challenges. Our commitment to staying ahead of the curve ensures that our customers benefit from state-of-the-art technology that delivers accurate results, reduces workload, and enhances fraud detection. We are dedicated to empowering governments with the best tools available in the market."
revX Analytics modernizes fraud detection by implementing machine learning methods and model predictions. The solution effectively scores risk and applies rules and conditions to identify potentially fraudulent activity during returns processing. This approach helps reduce the workload of refund reviews, improves fraud identification accuracy, and ensures a higher level of scrutiny for fraudulent claims.
By leveraging AI technology, governments can significantly enhance their compliance review processes and identity verification protocols, resulting in a more secure and efficient revenue management system. With its advanced collections prioritization feature, revX Analytics assists governments in optimizing their delinquent account collections. By analyzing data from various sources, such as previous payment history, account aging, and risk-scoring algorithms, the platform enables governments to identify and prioritize accounts that require immediate attention.
This intelligent system ensures that collection efforts are focused on high-risk accounts, maximizing the chances of successful recovery while minimizing the resources spent on low-priority cases. By analyzing a wide range of data points, including historical patterns, anomalies, and compliance indicators, revX Analytics provides optimal courses of action for audit selection.
In a real-life scenario, a large State Department of Labor (DOL) benefited from RSI's analytics. Prior to RSI, the DOL identified fraud through manual processes, which became increasingly challenging due to the surge in claims during the pandemic. With the onset of the crisis, the volume of incoming claims skyrocketed from around 3,000 per week to approximately 90,000 per week, putting significant strain on the department's resources. At the same time, cases of potentially fraudulent identity increased from about nine per week to a staggering 4,500 per week. Manual case investigation was no longer feasible for the department's staff, who had to handle a 50,000% increase in workload.
With RSI as their trusted analytics partner, the DOL and RSI developed a phased approach to address the overwhelming increase in claims volume. Through automation, data aggregation, and advanced analytics, RSI enabled the DOL to process and identify fraudulent claims more efficiently improving fraud identification accuracy from 50% to nearly 92%. This prevented over 130,000 imposter claims and saved billions of dollars while ensuring valid claims were promptly processed and staff had more time to investigate problematic cases.
RSI's commitment to innovation is exemplified through its powerful analytics tools and capabilities. revX's AI-powered technology is revolutionizing fraud detection, optimizing workflows, and enabling data-driven decisions. The revX Platform empowers governments to effectively identify the level of risk and supply optimal courses of action, ensuring informed and strategic decision-making. As a result, governments can enhance revenue management, ensure compliance, and unlock new levels of efficiency and effectiveness.
About Revenue Solutions
Founded in 1996, Revenue Solutions, Inc.™ is the trusted, collaborative partner leading governments to innovation with the only cloud-native packaged software solution, revX™. Offered as Software as a Service (SaaS), revX™ is the preferred platform for government revenue processing. We empower public agencies and offices with solutions that improve citizen services, increase operational efficiency, collect additional revenue, and maximize compliance. For over 25 years, RSI™ has delivered transformative technology solutions across hundreds of client projects throughout the United States and Canada.