GlobeNewswire by notified

NTT DATA and Cogniac Bring AI Into Manufacturing

Share

NTT DATA adds Cogniac’s Award-Winning Computer Vision Across Its Manufacturing Service Portfolio to Further its Mission of Improved and Automated Quality Control Processes

MILAN, Italy and SAN JOSE, Calif., June 28, 2022 (GLOBE NEWSWIRE) -- NTT DATA Italia, the Italian division of the global leader in IT services, today announced its strategic partnership with Cogniac Corporation (“Cogniac”), the leader in computer vision software. The partnership will implement Cogniac’s proprietary visual data processing platform to support NTT DATA’s manufacturing operations and critically enhance its smart factory capabilities in Italy.

Italy is the second largest manufacturing country in Europe and at the forefront of industrial sectors such as machine tools, fashion, food products, automotive and pharmaceuticals. The industry is quickly progressing to Smart Industry 4.0, as companies advance their product manufacturing and distribution processes with integrated technologies that allow them to leverage business and engineering intelligence and analytics. NTT DATA is at the center of the revolution, the new partnership defines a perfect synergy, which blends the visionary innovation of Cogniac’s low-code/no-code technology and the broad reach of NTT DATA’s services and network for the development of advanced vision inspection applications across manufacturing.

“NTT DATA has extensive digital capabilities across the manufacturing sector which is a fundamental point of integration to successfully deploy computer vision applications. The joint value of NTT DATA and Cogniac can significantly improve and automate the quality control process for NTT DATA clients,” said Chuck Myers, Chief Executive Officer at Cogniac. “We are confident it will drive efficiency, value, and ultimately bring NTT DATA Italia to its objective of Smart Industry 4.0.”

Cogniac’s artificial intelligence technology can identify any detail throughout the production chain that can be captured by a camera. Using Cogniac’s intuitive interface, a business process subject matter expert can create computer vision applications, to improve and automate quality control processes and manual operations. Simple and intuitive, the platform marks a further step toward the digitization of the industrial sector and can be applied to various divisions, across any industry.

“We are thrilled to collaborate with Cogniac to bring AI innovation to the manufacturing sector – commented Gennaro Masullo, manufacturing Manager of NTT DATA Italia – At NTT DATA we value the dialogue with innovative technology partners: we have always considered them as companies capable of bringing great added value to the market, and this is why we have decided to put our distribution network at the service of a reality like Cogniac, to ensure that it can express all its undeniable potential.”

About NTT DATA
NTT DATA Italia is part of the Japanese multinational NTT DATA, one of the world's leading players in the field of IT Consulting and Services. Digital, Consulting, Cyber ​​Security and System Integration are just some of the main lines of business. Our mission is to create value for our customers through innovation. NTT DATA has a global presence in over 50 countries, more than 139,000 professionals and an international network of research and development centers in Tokyo, Palo Alto and Cosenza. NTT DATA is present in Italy with over 5000 employees in Milan, Rome, Turin, Genoa, Treviso, Pisa, Naples, Cosenza, Salerno and Bari.

About Cogniac Corporation
Cogniac is a global leader in AI-powered image and video analysis enabling organizations to extract reliable, specific, and actionable intelligence from their abundant raw visual data. Cogniac’s no-code platform – implementing the latest in deep neural network AI technology under the hood – is deployed across a wide spectrum of industries and applications, including mission-critical ones, to maximize performance of visual tasks. For more information, visit Cogniac.ai.

Cogniac Press Contact:
Zach Kadletz
Gateway Group
Zach@gatewayir.com
+1 (949) 574-3860

NTT DATA Press Contact:
Alessia Carpinelli Tricarico
Media Relations Manager - NTT DATA Italia
alessia.carpinelli.tricarico@nttdata.com +39 3474353846

Giorgia Bazurli
Comin & Partners
giorgia.bazurli@cominandpartners.com +39 349 2840676

Eleonora Artese
Comin & Partners
eleonora.artese@cominandpartners.com +39 3386596511

To view this piece of content from www.globenewswire.com, please give your consent at the top of this page.
To view this piece of content from ml.globenewswire.com, please give your consent at the top of this page.

About GlobeNewswire by notified

GlobeNewswire by notified
GlobeNewswire by notified
One Liberty Plaza - 165 Broadway
NY 10006 New York

https://notified.com

GlobeNewswire by notified is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.

Subscribe to releases from GlobeNewswire by notified

Subscribe to all the latest releases from GlobeNewswire by notified by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from GlobeNewswire by notified

GOGL - Invitation to presentation of Q2 2022 Results17.8.2022 19:30:59 CEST | Press release

Golden Ocean Group Limited (the “Company) will publish its financial results for the second quarter of 2022 on Thursday August 25, 2022. In connection with the release, a conference call and webcast will be held as described below: Conference call and webcast A conference call will be held at 4:00 P.M. CET (10:00 A.M. New York Time) on Thursday August 25, 2022. The presentation will be available for download from the Investor Relations section at www.goldenocean.bm (under "Presentations") prior to the conference call/webcast. In order to listen to the presentation you may do one of the following: a. Webcast Visit the Investor Relations section of the Company’s website at www.goldenocean.bm and click on the link to “Financial Calendar and Webcast”, or access directly via the webcast link below. GOGL Q2 2022 Webcast b. Conference Call Participants will need to register online prior to the conference call via the link below. Dial-in details will be available when registered. GOGL Q2 2022

Changes in Nokia Corporation's own shares17.8.2022 18:30:00 CEST | Press release

Nokia Corporation Stock Exchange Release 17 August 2022 at 19:30 EEST Changes in Nokia Corporation's own shares Espoo, Finland – A total of 189 403 Nokia shares (NOKIA) held by the company were today transferred without consideration to participants of Nokia's equity-based incentive plan in accordance with the rules of the plan. The transfer is based on the resolution of the Board of Directors to issue shares held by the company to settle its commitments to participants of the plan as announced on 3 February 2022. The number of own shares held by Nokia Corporation following the transfer is 79 311 737. About Nokia At Nokia, we create technology that helps the world act together. As a trusted partner for critical networks, we are committed to innovation and technology leadership across mobile, fixed and cloud networks. We create value with intellectual property and long-term research, led by the award-winning Nokia Bell Labs. Adhering to the highest standards of integrity and security, w

Spryker Recognized as a Visionary in 2022 Magic Quadrant™ For Digital Commerce17.8.2022 18:00:00 CEST | Press release

BERLIN and NEW YORK, Aug. 17, 2022 (GLOBE NEWSWIRE) -- Spryker, a leading digital commerce platform for Sophisticated Commerce use cases in B2B, Enterprise Marketplaces, IoT and Unified Commerce, has been recognized by Gartner® as a Visionary in the 2022 Magic Quadrant™ for Digital Commerce. It is Spryker's third consecutive inclusion in the Gartner® Magic Quadrant™ for Digital Commerce. “At Spryker, our goal is to enable digital innovation and differentiation with our composable platform designed specifically for sophisticated transactional business models. We believe being recognized for the second time as a Visionary validates our continued dedication to empowering companies to grow, innovate, and differentiate,” said Boris Lokschin, Co-Founder and CEO at Spryker. “This year we launched our App Composition Platform as the latest stage in our commitment to delivering true composability. This first of its kind platform is why we feel Spryker continues to be recognized in the market. W

Nextensa NV/SA : Half-Year Financial Report 202217.8.2022 17:40:00 CEST | Press release

HALF-YEAR FINANCIAL REPORT 2022 Regulated information Brussels, 17 August 2022 5:40 PM CEST For the first half-year of the financial year 2022 we record the following key data: • The rental income increased by € 3.0 million compared to June last year and now amounts to € 33.2 million • The financial debt ratio has decreased from 48.56% at the end of 2021 to 46.31% on 30 June 2022, in line with the predefined plan • The occupancy rate increased and is now 90.30% compared to 89.09% at the end of 2021 • The extension of the Shopping center Knauf Schmiede welcomes its first shops • The Park Lane phase II project at Tour & Taxis has been launched with a successful reservation of 50% of the apartments of the first section • The construction works on The Emerald office building (7,000 m2) started on Cloche d’Or, a new urban district in the southern outskirts of Luxembourg City Attachment SEMI-AR_2022_ENG_final

Matthews International Acquires OLBRICH GmbH and R+S Automotive GmbH, Extends Engineering Capabilities for Energy17.8.2022 14:49:41 CEST | Press release

PITTSBURGH, Aug. 17, 2022 (GLOBE NEWSWIRE) -- Matthews International Corporation (NASDAQ GSM: MATW) announced today that the Company has closed on the previously-announced acquisitions of German based engineering firms, OLBRICH GmbH (“OLBRICH”) and R+S Automotive GmbH (“R+S Automotive”), for EUR €43 million (approximately U.S. $45 million). Headquartered in Bocholt, Germany, OLBRICH is a production and intelligent equipment manufacturer, specializing in purpose-built rotary processing equipment, including equipment used in the manufacturing of dry and wet electrodes for lithium-ion batteries uses in electric vehicles and components for hydrogen fuel cells and electrolyzers, with additional strong positions in Specialty & Pharma, Packaging and Home & Décor. R+S Automotive is a specialty engineering services provider of automation, plant and tooling concepts for automotive manufacturing companies around the world. The Company plans to integrate OLBRICH and R+S Automotive with its Saueres