Tuesday, May 5, 2020

Study Finds Noninvasive, Continuous Masimo PVi® Monitoring More Valuable Than Central Venous Pressure Measurement for Guiding Fluid Management During Surgery

NEUCHATEL, Switzerland-Tuesday 5 May 2020 [ AETOS Wire ]

(BUSINESS WIRE)-- Masimo (NASDAQ: MASI) announced today the findings of a study published in the Journal of Anesthesiology and Reanimation Specialists’ Society in which researchers compared two methods of intraoperative fluid management during orthopedic spinal surgery, including Masimo PVi®. In comparison to invasive and intermittent central venous pressure (CVP) measurement, noninvasive and continuous pleth variability index (PVi) provided “better cardiac stabilization with less fluid replacement, and more accurate results in the evaluation of intravascular volume status.”1

Dr. Eralp Çevikkalp and colleagues at Celal Bayar University in Turkey, noting the importance of intraoperative fluid management during surgery and the drawbacks of traditional invasive, static fluid assessment methods such as CVP and mean arterial pressure (MAP), investigated whether PVi might provide an effective noninvasive and dynamic alternative. In a randomized, controlled trial of 100 adult patients undergoing elective posterior lumbar stabilization surgery, they compared fluid loading-induced changes as guided by PVi and by CVP. The patients were divided into two equally sized groups. In the PVi group, patients were continuously monitored using a Masimo Radical-7® Pulse CO-Oximeter®, and a PVi threshold of > 14% was used to determine whether fluid was administered. (For patients with a PVi > 14%, a 250 mL crystalloid solution was administered every 5 minutes; for patients with a PVi < 14%, a 4 mL fluid infusion was administered.) In the control group, fluid administration was determined using CVP, other traditional parameters, and the 4-2-1 rule. In both groups, lactate, hemoglobin, and hematocrit levels were also recorded.

The researchers found that the mean volume of intraoperative fluid replacement was 1914 ± 542.86 mL in the PVi group and 3522 ± 1098.1 mL in the control group (p < 0.05). They found that the mean units of intraoperative red blood cells (RBC) transfused was 0.08 ± 0.27 units in the PVi group and 0.42 ± 0.57 units in the control group (p < 0.05). Differences between the groups in postoperative RBC units transfused and intraoperative hemoglobin levels were not significant.

The researchers concluded, “The present study has indicated that PVi monitoring is more valuable than CVP monitoring because it is noninvasive, provides better cardiac stabilization with less fluid replacement, and [provides] more accurate results in the evaluation of intravascular volume status. Failure to follow up the duration of surgery and postoperative complications are the most important limitations in our study.”

PVi has not been cleared by the FDA to assess fluid responsiveness.

@MasimoInnovates | #Masimo

About Masimo

Masimo (NASDAQ: MASI) is a global medical technology company that develops and produces a wide array of industry-leading monitoring technologies, including innovative measurements, sensors, patient monitors, and automation and connectivity solutions. Our mission is to improve patient outcomes and reduce the cost of care. Masimo SET® Measure-through Motion and Low Perfusion™ pulse oximetry, introduced in 1995, has been shown in over 100 independent and objective studies to outperform other pulse oximetry technologies.2 Masimo SET® has also been shown to help clinicians reduce severe retinopathy of prematurity in neonates,3 improve CCHD screening in newborns,4 and, when used for continuous monitoring with Masimo Patient SafetyNet™ in post-surgical wards, reduce rapid response team activations, ICU transfers, and costs.5-7 Masimo SET® is estimated to be used on more than 200 million patients in leading hospitals and other healthcare settings around the world,8 and is the primary pulse oximetry at 9 of the top 10 hospitals listed in the 2019-20 U.S. News and World Report Best Hospitals Honor Roll.9 Masimo continues to refine SET® and in 2018, announced that SpO2 accuracy on RD SET® sensors during conditions of motion has been significantly improved, providing clinicians with even greater confidence that the SpO2 values they rely on accurately reflect a patient’s physiological status. In 2005, Masimo introduced rainbow® Pulse CO-Oximetry technology, allowing noninvasive and continuous monitoring of blood constituents that previously could only be measured invasively, including total hemoglobin (SpHb®), oxygen content (SpOC™), carboxyhemoglobin (SpCO®), methemoglobin (SpMet®), Pleth Variability Index (PVi®), RPVi™ (rainbow® PVi), and Oxygen Reserve Index (ORi™). In 2013, Masimo introduced the Root® Patient Monitoring and Connectivity Platform, built from the ground up to be as flexible and expandable as possible to facilitate the addition of other Masimo and third-party monitoring technologies; key Masimo additions include Next Generation SedLine® Brain Function Monitoring, O3® Regional Oximetry, and ISA™ Capnography with NomoLine® sampling lines. Masimo’s family of continuous and spot-check monitoring Pulse CO-Oximeters® includes devices designed for use in a variety of clinical and non-clinical scenarios, including tetherless, wearable technology, such as Radius-7® and Radius PPG™, portable devices like Rad-67™, fingertip pulse oximeters like MightySat® Rx, and devices available for use both in the hospital and at home, such as Rad-97®. Masimo hospital automation and connectivity solutions are centered around the Iris® platform, and include Iris Gateway®, Patient SafetyNet, Replica™, Halo ION™, UniView™, and Masimo SafetyNet™. Additional information about Masimo and its products may be found at www.masimo.com. Published clinical studies on Masimo products can be found at www.masimo.com/evidence/featured-studies/feature/.

ORi and RPVi have not received FDA 510(k) clearance and are not available for sale in the United States. The use of the trademark Patient SafetyNet is under license from University HealthSystem Consortium.

References

    Çevikkalp E, Topçu I, Açikel A, Sarilar S, Keleş G, Özyurt B. Efficacy of Pleth Variability Index (PVi) to Evaluate Intraoperative Fluid Management During Orthopedic Spinal Surgery: A Randomized Controlled Trial. JARSS. 2020;28(1):18-25.
    Published clinical studies on pulse oximetry and the benefits of Masimo SET® can be found on our website at http://www.masimo.com. Comparative studies include independent and objective studies which are comprised of abstracts presented at scientific meetings and peer-reviewed journal articles.
    Castillo A et al. Prevention of Retinopathy of Prematurity in Preterm Infants through Changes in Clinical Practice and SpO2 Technology. Acta Paediatr. 2011 Feb;100(2):188-92.
    de-Wahl Granelli A et al. Impact of pulse oximetry screening on the detection of duct dependent congenital heart disease: a Swedish prospective screening study in 39,821 newborns. BMJ. 2009;Jan 8;338.
    Taenzer AH et al. Impact of pulse oximetry surveillance on rescue events and intensive care unit transfers: a before-and-after concurrence study. Anesthesiology. 2010:112(2):282-287.
    Taenzer A et al. Postoperative Monitoring – The Dartmouth Experience. Anesthesia Patient Safety Foundation Newsletter. Spring-Summer 2012.
    McGrath SP et al. Surveillance Monitoring Management for General Care Units: Strategy, Design, and Implementation. The Joint Commission Journal on Quality and Patient Safety. 2016 Jul;42(7):293-302.
    Estimate: Masimo data on file.
    http://health.usnews.com/health-care/best-hospitals/articles/best-hospitals-honor-roll-and-overview.

Forward-Looking Statements

This press release includes forward-looking statements as defined in Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, in connection with the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, among others, statements regarding the potential effectiveness of Masimo PVi® and Radical-7®. These forward-looking statements are based on current expectations about future events affecting us and are subject to risks and uncertainties, all of which are difficult to predict and many of which are beyond our control and could cause our actual results to differ materially and adversely from those expressed in our forward-looking statements as a result of various risk factors, including, but not limited to: risks related to our assumptions regarding the repeatability of clinical results; risks related to our belief that Masimo's unique noninvasive measurement technologies, including Masimo PVi and Radical-7, contribute to positive clinical outcomes and patient safety; risks related to our belief that Masimo noninvasive medical breakthroughs provide cost-effective solutions and unique advantages; risks related to COVID-19; as well as other factors discussed in the "Risk Factors" section of our most recent reports filed with the Securities and Exchange Commission ("SEC"), which may be obtained for free at the SEC's website at www.sec.gov. Although we believe that the expectations reflected in our forward-looking statements are reasonable, we do not know whether our expectations will prove correct. All forward-looking statements included in this press release are expressly qualified in their entirety by the foregoing cautionary statements. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of today's date. We do not undertake any obligation to update, amend or clarify these statements or the "Risk Factors" contained in our most recent reports filed with the SEC, whether as a result of new information, future events or otherwise, except as may be required under the applicable securities laws.

View source version on businesswire.com: https://www.businesswire.com/news/home/20200503005078/en/

Contacts

Media Contact:
Masimo
Evan Lamb
949-396-3376
elamb@masimo.com


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ISACA Launches Early Adoption Program for New Technical Privacy Certification: Certified Data Privacy Solutions Engineer

SCHAUMBURG, Ill-Tuesday 5 May 2020 [ AETOS Wire ]

(BUSINESS WIRE)-- Headline-grabbing events and regulations have made it clear to organizations just how essential it is to prioritize data privacy. However, new research from ISACA indicates that many organizations are struggling in this space. More than one-quarter of organizations say it is difficult to understand all their privacy requirements, and 40 percent say they lack competent resources to implement a successful privacy program, which requires expertise in technical implementation that goes beyond awareness of regulatory requirements.

Given the high stakes for organizations and the great need for qualified professionals to create privacy solutions that are aligned with organizational goals and risk appetite, ISACA is launching its new Certified Data Privacy Solutions Engineer (CDPSE) certification. The first experience-based, technical certification of its kind, CDPSE assesses a technology professional’s ability to implement privacy by design to enable organizations to enhance privacy technology platforms and products that provide benefits to consumers, build trust and advance data privacy.

Professionals can begin to apply for the CDPSE certification starting today as part of a limited early-adoption opportunity in which those who have the five years of necessary experience can become certified.

“Up until now, certifications have primarily focused on the legal aspect of privacy,” says Nader Qaimari, ISACA Chief Learning Officer. “ISACA’s CDPSE certification fills a gap and allows privacy technologists to demonstrate they understand the technical aspects of creating and managing privacy programs and solutions to ensure compliance and mitigate risk.”

As privacy requires complex collaboration across multiple functions in an organization, CDPSE is also designed to validate privacy technologists’ ability to work cross-functionally with the legal team, policy department, engineers, software developers, database administrators, and back-end and front-end experts, while playing a key role throughout the planning, development and delivery of IT privacy solutions.

“The privacy technologists who have the experience and credentials to validate this knowledge will not only be able to play an integral part in driving these privacy solutions, but also play a major role in earning and retaining customer trust and providing organizations with a competitive advantage,” says David Bowden, CISM, CIPT, CIPM, PMP, CSM; Vice President, Information Security, Data Privacy, Compliance & Information Technology, Zwift, Inc., and member of ISACA’s privacy advisory group.

More information on the early-adoption phase of the CDPSE certification, as well as additional privacy resources and guidance, can be found at www.isaca.org/cdpse.

About ISACA

For more than 50 years, ISACA® (www.isaca.org) has advanced the best talent, expertise and learning in technology. ISACA equips individuals with knowledge, credentials, education and community to progress their careers and transform their organizations, and enables enterprises to train and build quality teams. ISACA is a global professional association and learning organization that leverages the expertise of its 145,000 members to drive innovation through technology. It has a presence in 188 countries, including 223 chapters worldwide.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200504005476/en/

Contacts

Emily Van Camp, evcamp@isaca.org, +1.847.385.7223
Kristen Kessinger, communications@isaca.org, +1.847.660.5512



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Quanergy Accelerates a Safe Return to Work with 3D LiDAR Solutions for Social Distancing

• Quanergy’s Flow Management™ Platform anonymously tracks people flows and measures the distance between individuals to ensure safe social distancing measures

• The platform provides integration with thermal cameras to identify and track people with high-body temperatures

• Privacy is assured without requiring opt-in and there is zero PII (Personally Identifiable Information) risk

• This solution is being rolled out for monitoring social distancing in enterprises, retail spaces, airports, factories, distribution centers, and public transportation

SUNNYVALE, Calif.-Thursday 30 April 2020 [ AETOS Wire ]

(BUSINESS WIRE)-- Quanergy Systems, Inc., a leading provider of LiDAR (Light Detection and Ranging) sensors and smart perception solutions, today announced the expansion of its Flow Management™ Platform to support solutions that enforce social distancing, regarded by medical experts as the most impactful strategy to halt the spread of COVID-19. These solutions will assist businesses and public entities around the world in returning to work while keeping people safe.

Quanergy’s Flow Management Platform, which combines its state-of-the-art 3D LiDAR sensors with its AI-powered QORTEX™ Perception Software, enables the development of sophisticated social distancing solutions to anonymously and accurately track and analyze the flow of people in real time within retail locations, airports, public venues, commercial and government buildings, and industrial warehouses.

LiDAR uses light to locate and identify objects with a high degree of accuracy in any lighting conditions. Quanergy’s QORTEX Perception Software uses LiDAR data to identify and track individuals throughout an environment without compromising or storing any personal privacy information, unlike camera-based systems. It also does not require user opt-in or the sharing of personal data, thus providing a far more effective social distancing solution than alternatives.

In response to the COVID-19 pandemic and social distancing directives, Quanergy is working with partners to deploy its Flow Management Platform which accurately measures the location of and distance between people, as well as the number of people in a given location to prevent overcrowding. When the distance between individuals is less than the allowed social distance, or the number of people in an area exceeds a given limit, an alert is issued and personnel may be dispatched. When combined with technology such as thermal cameras, the platform identifies individuals with high-body temperatures, helping curb the spread of the virus. Quanergy’s Flow Management™ Platform also accurately counts people entering and exiting common areas, such as conference rooms, to maintain the desired density of people.

“In order for communities and cities to re-open and for the public to feel safe re-entering society, there must be a way to responsibly enforce social distancing,” said Dr. Kevin J. Kennedy, Chairman and CEO of Quanergy. “We believe LiDAR can play a key role in accelerating our return to work and restarting our economy. Quanergy is working closely with our current and new global partners to deploy solutions to instill confidence for businesses and the public in returning to our lives outside our homes.”

The following examples demonstrate the power of Quanergy’s Flow Management™ Platform as a critical tool to enforce social distancing:

Businesses – Control the maximum number of people in common areas such as conference rooms and break rooms, and maintain social distancing.
Distribution centers – Guarantee goods delivery while protecting the safety of employees.
Factories – Restart production by ensuring all employees are not exhibiting signs of the virus before entering facilities, including conducting employee temperature checks.
Train, Metro stations – Avoid long-queues by replacing turnstiles with contact-less solutions that can accurately keep count of the number of people entering and exiting a station.
Buses, trains – Ensure safety on public transit during high-traffic commute hours by tracking and reporting maximum people count.
Retail, airports, public offices – Reduce wait-time in security lines and automatically dispatch cleaning services to specific areas.
Social distancing solutions built upon Quanergy’s Flow Management Platform, will soon be available around the world through Quanergy’s company partners. For instance:

Quantum Labs, based in Australia, has deployed solutions for high profile, globally recognized sites, airports, intersections and high security facilities that are ideal at providing not only social distance monitoring, but also provide significant enhancements to the ongoing security of the site.
iCENT, a leading 3D LiDAR-based security and safety platform solution provider in Korea, provides monitoring services through its iSaver technology to predict and prevent human and property damage from safety and security threats at urban and industrial sites and special facilities.
CRON Systems, an India-based 3D LiDAR solutions provider, integrates data from thermal temperature cameras allowing accurate tracking of individuals in a zone and highlighting threat levels.
Axone, a French integrated security solution provider, is preparing an offer combining different technologies for people management, including temperature detection with thermal cameras, people counting, people tracking, crowd detection, and analytics.
iinside, a US based airport motion analytics company, recently released SafeDistance, to monitor and analyzes crowd density in public spaces, such as airports.
"Quanergy delivers the best LiDAR platform for generating the iinside motion analytics used by some of the best and largest US airports to manage passenger congestion. Faced with new social distancing guidelines, this same technology is now being applied to enhance passenger safety," said Sam Kamel, President and CEO of iinside.

As part of our commitment to facilitate a safe return to the work place, Quanergy is offering a complimentary loaner/license program to qualified partners and end users.

To request more information about Quanergy’s Flow Management Platform and use for social distancing applications, please contact our sales team.

About Quanergy Systems, Inc.

Quanergy Systems, Inc. was founded in 2012 and builds on decades of experience of its team in the areas of optics, photonics, optoelectronics, artificial intelligence software, and control systems. Headquartered in Sunnyvale, California, in the heart of Silicon Valley, Quanergy offers a high-performance AI-powered LiDAR platform designed to accelerate the automation of key business processes to increase productivity, efficiency, and safety of our 3D world. By providing actionable insights to organizations across major industries including, mapping, security, smart cities, and smart spaces, industrial automation and transportation, Quanergy is enabling its partners and their end-users to deploy innovative solutions to drive their business growth and ultimately, improve the quality of life for people around the world. For more information, visit www.quanergy.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20200428005957/en/

Contacts
Sona Kim
Marketing Communications Manager
408.245.9500
media@quanergy.com

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The Zayed Sustainability Prize Extends 2021 Awards Submissions Deadline to June 11, 2020

The extension is in light of the ongoing global health crisis, to better serve the Prize’s diverse international audience base



Abu Dhabi, United Arab Emirates-Monday 4 May 2020 [ AETOS Wire ]

The Zayed Sustainability Prize has announced the extension of its submissions’ deadline for the 2021 awards edition to June 11th, 2020, in efforts to accommodate its diverse international audience base throughout the ongoing global health crisis.

Small-to-medium sized enterprises, non-profit organisations and high schools around the world can still submit their entries, apply and compete through the Prize’s online portal,  for the UAE’s pioneering global award rewarding impact, innovation, and inspiration across five sustainability categories – Health, Food, Water, Energy and Global High Schools.

Commenting on the announcement, H.E. Dr. Sultan Ahmed Al Jaber, UAE Minister of State and Director General of the Zayed Sustainability Prize, said: “As the world continues to combat Covid19, identifying practical and effective solutions that strengthen sustainable development and empower others to do so through the Zayed Sustainability Prize remains an objective of paramount importance, in line with the humanitarian vision of our Founding Father Sheikh Zayed bin Sultan Al Nahyan. Therefore, given the special circumstances that various communities and nations are facing, the decision was taken to extend this year’s submission deadline.”

H.E. added: “We have seen an encouraging volume of entries thus far, and we are confident that the expanded timeframe will enable the world’s sustainability pioneers to inspire us with their ideas to effect positive change.”

The US$3 million prize fund is divided equally between the winners of the five categories, with each allocated US$600,000. In the Global High Schools category, the award recognises six winners, from six world regions, with each winning school eligible to claim up to US$100,000 in funding.

The 2019-2020 awards cycle witnessed a record-breaking number of submissions, with 2,373 entries received from 129 countries, a testament to the Prize’s far-reaching global success and mass appeal within the international sustainability community for more than a decade.

To date, the Prize has recognised and rewarded a total of 86 winners whose solutions or school projects have, directly and indirectly, transformed the lives of 335 million people around the world.

Small-to-medium sized enterprises and non-profit organisations must enter an existing sustainability solution with demonstrable impact in one of the Health, Food, Energy, or Water categories. On the other hand, the Global High Schools category invites student-led projects or proposals, based on one or more of those four sustainability themes, and provides funding to help develop or enhance their school or local community project.

Notes to the Editor:

To apply to the 2021 Zayed Sustainability Prize cycle, applicants can simply visit zayedsustainability.com and select the ‘Apply’ tab.

About Zayed Sustainability Prize

Established by the UAE leadership, in 2008, to honour the legacy of the UAE’s founding father, the late Sheikh Zayed bin Sultan Al Nahyan, the Zayed Sustainability Prize is the UAE’s pioneering global award for recognising sustainability and humanitarian solutions, around the world.

With an annual awards ceremony, held each year during Abu Dhabi Sustainability Week, the Zayed Sustainability Prize acknowledges and rewards pioneers and innovators who are committed to developing and accelerating impactful solutions that serve disadvantaged communities and people – building a lasting legacy, today, for the future generations to come.

The Zayed Sustainability Prize categories are: Health, Food, Energy, Water and Global High Schools.

For more information, please visit www.ZayedSustainabilityPrize.com or go to our social media platforms on, Twitter, Facebook, Instagram, YouTube.

Contacts
Hill+Knowlton

Laura Hobeiche

Account Manager

T:    +971 2 447 2805

M:  +971 58  897 4564

laura.hobeiche@hkstrategies.com







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Monday, May 4, 2020

Thales Selects Google Cloud to Expand Its eSIM Management Solution

• Thales to use Google Cloud technology to deliver highly secure and scalable activation of eSIM (embedded SIM) capable devices.

• The solution enables telecom operators to support a massive global increase in the volume of embedded mobile subscriptions (ABI Research expects around 1 Billion eSIM-capable devices to be shipped annually by 2024).

• The Thales-operated solution provides secure eSIM management services and provides compliance with data protection and privacy requirements.


PARIS LA DÉFENSE-Monday 4 May 2020 [ AETOS Wire ]

(BUSINESS WIRE) -- Thales has deployed the world’s first GSMA-certified eSIM activation solution on Google Cloud. This solution will offer telecom operators secure and highly scalable support to manage increases in mobile subscriptions for eSIM-capable devices. It also lets them benefit from the reliability of Google Cloud’s carbon neutral technology. eSIM adoption is being fueled by a new generation of smartphones, tablets, wearables and new IoT use-cases. Thales’ subscription management expertise not only ensures seamless remote activation of a vast number of devices, but also provides data analytics and protection of the subscriber’s data.

With telecom operators facing the combined challenges of rapid digital transformation and a drastically growing eSIM ecosystem, Thales has responded by creating a public cloud-based version of its proven eSIM Remote Subscription Platform. In this initial deployment, the platform will run on Google Cloud, which is available in more than 200 countries and territories across the globe.

Thales has implemented first-class security standards specifically designed to meet the requirements of GSMA certification in a public cloud environment. Telecom operators can also benefit from the Thales subscription management solution which offers unprecedented levels of operational flexibility, both in terms of auto-scaling and capacity management. As a result, enterprises will be able to take full advantage of subscription business growth in the years ahead.

“The combination of Thales and Google Cloud’s global technology expertise is a perfect match to address the challenges of the eSIM market in a very innovative manner. Thales’ new cloud infrastructure enables the expected and significant growth in eSIM-capable devices to be tackled seamlessly. We know Google Cloud’s scalability will be critical with the rise of 5G networks and the cellular network connectivity of billions of IoT devices worldwide.”
Anil Jain, Google Cloud Managing Director - Telecom, Media & Entertainment, Industry Solutions

“By collaborating with Google Cloud teams, we have designed a global service to answer the exponential demand for new eSIM devices. This hybrid infrastructure is a springboard to innovative IoT applications in a standardized and interoperable security framework. By achieving GSMA certification our cloud-based solution provides a trusted and compliant platform for telecom operators.”
Emmanuel Unguran, SVP Mobile Connectivity Solutions at Thales

About Thales

Thales (Euronext Paris:HO) is a global technology leader shaping the world of tomorrow today. The Group provides solutions, services and products to customers in the aeronautics, space, transport, digital identity and security, and defence markets. With 83,000 employees in 68 countries, Thales generated sales of €19 billion in 2019 (on a pro forma basis including Gemalto over 12 months).

Thales is investing in particular in digital innovations — connectivity, Big Data, artificial intelligence and cybersecurity — technologies that support businesses, organisations and governments in their decisive moments.

PLEASE VISIT
Thales Group
Download HD photos
https://www.thalesgroup.com/en/search-medias/hd-images
@ThalesGroup

Contacts

Thales, Media Relations
Digital Identity and Security
Vanessa Viala
+33 (0)6 07 34 00 34
vanessa.viala@thalesgroup.com


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Rockwell Automation Has Acquired ASEM, S.p.A, Broadening the Company’s Control & Visualization Offering

MILWAUKEE-Monday 4 May 2020 [ AETOS Wire ]

(BUSINESS WIRE)-- Rockwell Automation, Inc. (NYSE: ROK), a global leader in industrial automation and digital transformation, today announces that it has completed the acquisition of ASEM, S.p.A., a leading provider of digital automation technologies based in Italy.

ASEM provides a complete range of Industrial PCs (IPCs), Human-Machine Interface (HMI) hardware and software, remote access capabilities, and secure Industrial IoT gateway solutions.

This acquisition within our Architecture & Software business segment will further enhance the Control & Visualization hardware and software portfolio. ASEM is primarily a supplier to European machine builders with great opportunities in the North American market. ASEM’s products provide customers with a high degree of configurability for their industrial computing needs, allow them to achieve faster time to market, lower their cost of ownership, improve asset utilization, and better manage enterprise risk.

Rockwell announced its intent to acquire ASEM in February 2020. Terms of the transaction were not disclosed.

About Rockwell Automation

Rockwell Automation, Inc. (NYSE: ROK), is a global leader in industrial automation and digital transformation. We connect the imaginations of people with the potential of technology to expand what is humanly possible, making the world more productive and more sustainable. Headquartered in Milwaukee, Wisconsin, Rockwell Automation employs approximately 23,000 problem solvers dedicated to our customers in more than 100 countries. To learn more about how we are bringing The Connected Enterprise to life across industrial enterprises, visit www.rockwellautomation.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20200504005257/en/

Contacts
Jessica Kourakos
Head of Investor Relations
+1 414-382-8510
Jkourakos@ra.rockwell.com

Kolve Byrd
Global External Communications
+1 414-382-5465
Kabyrd@rockwellautomation.com


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The 3As - Act, Analyse, Anticipate



Dubai, United Arab Emirates-Sunday 3 May 2020 [ AETOS Wire ]

The COVID-19 crisis has caused a systemic shock to the global economy. There is even talk of a ‘Pre-COVID-19’ and ‘Post-COVID-19’ world.

ACCA’s global research Covid-19 global survey: inside business, impacts and responses data looks at the impact of COVID-19 so far on organisations and the global business community and it’s clear from the findings that this is only the start of the story. Over the coming weeks and months different regions of the world, countries, businesses and organisations in all sectors will seek to navigate a way through the crisis, using different strategies and interventions to respond to the crisis in what will be a continuously and fast-changing situation.  ACCA’s report provides advice for organisations in how to respond based on the ‘3As’.

Act and respond in a sustainable manner

1. Think ‘people first’. Pay attention to the physical and mental health of employees and develop appropriate plans for the resumption of work. Put in place a communications plan that will engage and update employees regularly and human resources policies that address crisis measures.

2. Accept the short-term focus and demonstrate true leadership. Timelines and targets will need to be refocused on near and mid-term horizons. Senior leaders in organisations need to accept a change of focus from strategic to tactical.

3. Recognise the needs of your customers and other stakeholders. Make sure you do not miss the opportunity to respond to those changing needs. Understand the impact on your supply chains, and wider relationships with stakeholders and partners.

4. Use a crisis-management team with communications skills and establish a resilience plan. Oversee major issues, formulate business contingency plans, coordinate and align implementation across different departments, and ensure speedy responses and decision-making. Initiate resilience planning to ensure activities across the organisation are connected in response to an event and broader business integrity is protected.

Analyse the different information sources to secure your organisation

5. Model scenarios and plan for resumption. In a crisis such as COVID-19, organisational scenarios are not constant and require regular review. It is important to understand how using analytical capabilities to assess both external and internal data can put the organisation in a stronger position and help it understand the operational and financial impact of different scenarios that may arise. Information insight is also critically important for business resumption planning, which aims to get the organisation back up and running properly, planned in manageable phases. This requires analysis of the resources and assets that the organisation needs to safeguard in order to be able to resume.

6. Review government and fiscal policies that may be of benefit. Monitor the relief measures and policies introduced by the government and seek to use the benefits fully. Take a lead role and communicate the needs of your industry (leveraging on data insights) to relevant government agencies for appropriate policy formulation, refinement or implementation.

7. Remember: ‘Liquidity is the lifeblood’. Organisations should review their lines of credit and renegotiate their debt financing obligations. Payment periods, for example, may well be extended in the immediate term as businesses recover. Strong focus on cash management and liquidity should be in place to bridge different business scenarios, accepting that recovery to full liquidity is likely to be a long process.

Anticipate the business impacts and future trends

8. Look for opportunities to innovate. Organisations should consider opportunities for short or medium-term innovation. This could involve product and service development or thinking innovatively about partnerships. It could mean ensuring that employees have new opportunities for producing innovative ideas or looking again at how the organisation is deploying digital and technological innovations.

9. Review company strategies. Re-examine business models. Explore new channels to market, supply-chain diversification, new approaches to customer services, and opportunities to grow.

10. Don’t forget: fundamental business risks remain. Don’t lose sight of the fundamentals. Even in the face of COVID-19, the organisation will still face not only existing risks (e.g. cybersecurity), but also different ways of working, and strategic reactions to COVID-19 could change these risks or introduce new ones.

ACCA’s global research with over 10,000 finance professionals identifies a wide range of financial challenges facing organisations of all sizes and across all sectors.

To read the report in full:

Covid-19 global survey: inside business, impacts and responses

Contacts

Monique McKenzie

E: monique.mckenzie@accaglobal.com or newsroom@accaglobal.com

T: +44 (0)20 7059 5030
M: +44 (0)7725 613 447

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