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Canada’s First 5G Wireless Network for Open Innovation is Open For Business

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Canada’s first pre-commercial 5G wireless testbed is up and running, creating the backbone of Canada’s digital economy and drawing interest from small- and medium-sized companies (SME) to develop and test new products and services. Yesterday Vic FedeliOntario’s Minister of Economic Development, Job Creation and Trade, and Pierre FitzgibbonQuebec’s Minister of Economy and Innovation, received a progress update on the Evolution of Networked Services through a Corridor in Quebec and Ontario for Research and Innovation known as ENCQOR 5G.

ENCQOR 5G includes the first pre-commercial fifth-generation wireless network for open innovation in Canada housed at five hub locations in Ontario (OttawaTorontoKitchener-Waterloo) and Quebec (Montreal and Quebec City). The update hails the start of business collaboration in key areas such as transportation including connected and autonomous vehicles, remote healthcare, virtual/augmented reality, smart cities, fintech, industry 4.0, energy, cybersecurity and the Internet of Things (IoT).

“Technology is changing the way we live, work and do business — building our digital infrastructure is key to supporting an innovation economy and the next generation of jobs for Ontarians,” said Minister Fedeli. “Through this partnership, we are leveraging Ontario’s strengths in information and communications technologies and paving the way for future innovation and growth across sectors. 5G access shows Ontario is open for business.”

“Thanks to ENCQOR, to date, nearly 150 Quebec companies and organizations are carrying out or planning tests at the Montréal and Québec innovation sites to prepare for receiving 5G technology and to measure its benefits for their products and services,” said Germain Lamonde, Chairman of the Board of Innovation ENCQOR. “These facilities offer high connectivity, high capacity, low latency and all the promises of the 5G revolution. Many entrepreneurs, employees and managers of SMEs are now aware of these new capacities and can lean on them to innovate and become leaders of this revolution.  And we are very proud of it.”

ENCQOR 5G brings together SMEs, industry, government, researchers and academia in both Quebec and Ontario to collaborate on the commercialization of disruptive products, processes, and services, providing a first-to-market advantage and to improve the ability of SMEs to scale.

“I am excited at the progress we are seeing through this innovative collaboration positioning Canada as a leader in development of 5G technologies.” said the Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development. “From enabling doctors to perform surgeries-at-a-distance and unclogging our congested streets through AI-enhanced city planning, 5G technology will change the way we live, work and engage with one another.  To prepare for the future, we must be bold, visionary and decisive.”

Applications are now being accepted in both provinces for entrepreneurs to submit their project proposals to help accelerate the development and adoption of digital technologies.

ENCQOR 5G includes five digital technology leaders (Ericsson, Ciena Canada Inc., Thales Canada Inc., IBM Canada, and CGI) as well as provincial coordinators INNOVATION ENCQOR, Prompt and CEFRIO in Quebec and Ontario Centres of Excellence (OCE) in Ontario. The five-year ENCQOR 5G project is made possible in part by funding from the Canadian government and the provincial governments of Quebec and Ontario and is expected to create 4,000 jobs including 1,800 specialized 5G jobs.

QUOTES

Ericsson Canada
“Ericsson is a global leader with 22 publicly announced 5G contracts around the world. 5G mobile networks will provide new critical capabilities such as ultra-high capacity, super-high reliability and low latency, which will allow businesses to develop creative new solutions to unlock use cases that are simply not possible with 4G networks today,” said Graham Osborne, Head of Ericsson Canada. “Ericsson has provided the 5G mobile infrastructure in both Ontario and Quebec for the ENCQOR network. The ENCQOR program will enable early access by enterprises to a pre-commercial 5G infrastructure to develop and demonstrate a new wave of solutions for the economy of the future. Ericsson believes this initiative will enable Ontario and Quebec to develop a leadership position in the 5G market that will drive jobs and economic growth.”

Ciena
“ENCQOR paves the way for organizations to get a realistic view of how 5G will improve the way we communicate and interact,” said Scott McFeely, Senior Vice President, Ciena. “ENCQOR’s 5G wireless testbed platform, equipped with Ciena’s packet-optical technology, gives open access to small- and medium-sized enterprises to develop and test new 5G applications and use cases, which will push us even closer to experiencing the next generation of mobile digital communication.”

Thales Canada Inc. 
“ENCQOR reflects Thales’ commitment to ensuring Canada is a leader in the global 5G digital transformation,” said Mark Halinaty, President & CEO, Thales Canada Inc. “Thales builds and develops its digital expertise around four major digital technologies which play a key role in critical decision-making chains: connectivity and mobility, big data, artificial intelligence and cybersecurity. We are proud that our expertise and technology powers key Canadian R&D activities and supports the engagement of SMEs across Ontario and Quebec, enabling rapid access to global business opportunities. Today’s announcement further demonstrates the importance of ENCQOR to the development and commercialization of Canadian 5G technologies which will support all aspects of our society, from safer commutes and smarter cities, to access to new economies.”

IBM Canada
“Our development initiatives in silicon photonics interconnections have been an integral part of IBM’s innovation efforts to respond to our clients’ growing needs in AI and high performance computing, including quantum and big data management,” said Louis Labelle, the Director in Chief of the IBM Canada Bromont plant. “The support we have received thus far through the ENCQOR consortium has been essential in accelerating our efforts to transform industries through the assembly and testing of key components in high bandwidth networks. We look forward to continued success and collaboration with our partners.”

CGI Canada
“ENCQOR hubs in Quebec and Ontario will fuel innovation and collaboration between CGI, academia and small/medium business,” explained Mark Boyajian, President of CGI’s Canada operations. “CGI’s expertise in Smart Grid solutions will support ENCQOR participants as we build a new generation of services and solutions for utilities, municipalities and other industries that exploit the clear benefits of 5G.”

Ontario Centres of Excellence
“Access to cutting edge technology like the ENCQOR pre-commercial 5G wireless testbed is key to the success of SMEs as they test and develop new products in Ontario,” said Claudia Krywiak, Interim President and CEO, OCE. “The ENCQOR 5G platform gives companies in many sectors of the economy a first-to-market advantage that can translate into jobs, national and global growth and an increased ability to scale.”

BluWave-ai (ENCQOR Program Participant)
“5G technologies are key for many of the emerging applications in the digital economy where machines are connected through these high-speed connections. At BluWave-ai, we are leveraging IoT sensors from renewable energy-oriented equipment like solar panels and batteries in electricity utility networks to aggressively displace fossil fuels with real time controls. To do this we need to have distributed AI prediction, optimization and subsequent management of utility networks leveraging high speed communications between the cloud and those IoT sensors,” said Devashish Paul, CEO, BluWave-ai. “Programs such as ENCQOR provide us with real world venues to test these technologies before deploying in complex utility networks and we’re proud to be a partner with OCE on this”.

Mnubo (ENCQOR Program Participant)
“The ENQCOR project is an exceptional opportunity for our SMEs. The Montréal and Québec Innovation Sites provide companies with resources and infrastructure to enable them to experiment with 5G products and services. And soon, practical workshops will aim to help those who do not yet have projects in development or who want to better understand 5G,” said Frédéric Bastien, President and CEO, Mnubo. “ENQCOR will offer them access to software and prototype equipment in order to carry out integration activities that will ultimately improve the competitiveness of Quebec businesses here and abroad.”

 

SOURCE Ontario Centres of Excellence Inc.

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World 50 Group Announces Winners for the 2024 I&D Impact Awards, Recognizing Workplace Excellence in Diversity, Equity, and Inclusion

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ATLANTA, March 28, 2024 /PRNewswire/ — World 50 Group, the global community of business leaders from the most respected and influential companies, is delighted to announce the winners of the 2024 Inclusion & Diversity (I&D) Impact Awards. Now in its second year, the I&D Impact Awards spotlight the remarkable strides organizations have taken to create more equitable workplaces and communities around the world.

The winners were unveiled last night at the I&D Impact Awards ceremony in Miami, where hundreds of global executives from leading organizations gathered to celebrate outstanding achievements, advancements, and progress in DEI. Partners of the I&D Impact Awards, including Amazon, Best Buy, Cognizant, Joshin, RHR International, and SLB—all esteemed World 50 member companies and DEI champions—joined in the festivities.

“The 2024 I&D Impact Awards once again underscore the steadfast commitment of today’s leading companies to building a brighter future for us all,” said Jennifer Bird Newton, World 50’s chief impact officer. “We are in a pivotal moment for DEI. The significance of coming together to acknowledge our achievements—without resting on our laurels—cannot be overstated. Last night’s festivities served as a powerful reminder of the impact of collective action, and we extend heartfelt congratulations to this year’s winners.”

Chosen from a competitive pool of more than 140 entries from 74 unique organizations, the 2024 I&D Impact Awards winners represent leaders from diverse industries, spanning nine categories:

  • I&D Ally Award: Ferrero
  • Transparency Award, in partnership with Best Buy: Rio Tinto
  • Innovation Award, in partnership with Amazon: Victoria’s Secret & Co.
  • Gender Equality Award: Kimberly-Clark
  • I&D Team of the Year, in partnership with Cognizant: Inizio Evoke
    • Highly commended: Humana
  • I&D Leader of the Year, in partnership with RHR International: Lydia Smith, Chief Diversity Officer, Victoria’s Secret & Co.
    • Highly commended: Sherri Neal, Chief Diversity Officer, HCA Healthcare
  • Community Impact Award: Amazon
  • Inclusion Award, in partnership with Joshin: EY
    • Highly commended: Union Pacific
  • I&D Impact Award, in partnership with SLB: Cummins
    • Highly commended: Cargill

The winners were meticulously chosen by a panel of esteemed, independent judges comprising 24 top DEI executives from leading organizations, including AstraZeneca, Discover, Cognizant, Hilton, Lenovo, Mars, MetLife, and Warner Bros. Discovery, among others.

“Witnessing the passion, creativity, and impact of these winning initiatives reignites my belief in the power of inclusion to reshape our future,” said Crystal Andrew Banks, global head of diversity, equity, inclusion, and belonging at The Kraft Heinz Company. “Bravo to all companies that submitted a nomination, and let’s keep pushing boundaries together.”

Earl Newsome, chief information officer at Cummins, added: “Each submission showcased the beauty of creating diverse, equitable, and inclusive workplaces. Every entrant should take pride in the impact they are making.”

The I&D Impact Awards serve as a cornerstone of the World 50 I&D Impact Community, one of the largest groups of global DEI leaders in the world. Members convene regularly to exchange best practices and amplify what works when advancing DEI initiatives across the organization. Participation is complimentary for heads of DEI at World 50 member companies.

Learn more about the World 50 I&D Impact Awards—and how to get involved in 2025—here.

About World 50 Group
Leaders of the world’s most respected companies join World 50 to learn from one another. More than 4,800 global CEOs, board directors, and senior executives across every function—from 40 countries across six continents—trust the World 50 community for insights that deliver impact at scale.

World 50 is the safe space to exchange ideas, navigate complex challenges, and evolve as a leader. Members are at the forefront of transformation, leading organizations with a total market cap exceeding $34 trillion and more than 37 million employees worldwide.

To learn more about membership and request an invitation, visit world50.com.

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ICIS and Base Oil News Announce Partnership to Enhance Market Insights

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LONDON, March 28, 2024 /PRNewswire/ — ICIS, a global source of commodity intelligence, is pleased to announce a strategic partnership with Base Oil News, a premier news outlet founded by industry expert Iain Pocock that provides in-depth coverage of the base oils and lubricants market. This collaboration marks a significant milestone in the dissemination and exchange of critical market data and insights.

With more than two decades of journalism experience at Bloomberg, Reuters, and Argus Media, Iain Pocock brings unparalleled expertise to this partnership. His deep understanding of illiquid energy markets makes him a credible and influential figure in the industry. Since November 2023, Iain has been working closely with ICIS to share and exchange valuable data and insights, enhancing the services both platforms offer to the base oils and lubricants market.

Through the collaboration, Iain integrates ICIS’ extensive content and data resources in Base Oil News market coverage. In return, he contributes market insights to ICIS News, including expert and exclusive analysis of supply and demand dynamics, price margins, and other critical market drivers. This exchange ensures that subscribers of both ICIS and Base Oil News have access to the most comprehensive, timely, and accurate market information, empowering them to make informed decisions.

“It’s a very exciting partnership – where we leverage each other’s strengths and provide actionable insights to our customers,” said Iain Pocock, Founder of Base Oil News. “The market is the winner.”

“As ICIS is already the world’s most trusted pricing benchmark for base oils, this collaboration with Iain Pocock and Base Oil News provides an even stronger and deeper service to our customers,” said Stephen Burns, Editorial Director at ICIS. “Iain’s expertise and extensive industry connections are invaluable, and we have established a fruitful partnership that benefits the market at large.”

For the latest insights from Iain Pocock on ICIS News, visit ICIS News.  

About ICIS

ICIS – Independent Commodity Intelligence Services – helps businesses through seamlessly delivering data and analytics, across the chemical, fertilizer and energy markets. A trusted source and benchmark for price information and insight across key commodities markets worldwide. Our independent, transparent market intelligence informs thousands of quality decisions every day, taking the pressure out of negotiations and giving customers space for more innovative thinking, through published datasets including price assessments, price forecasts, supply and demand fundamentals and more.

Over 150 years of shaping the world by connecting markets to optimise the world’s valuable resources. With a global team of more than 600 experts, ICIS has employees based in London, New York, Houston, Karlsruhe, Milan, Mumbai, Singapore, Guangzhou, Beijing, Shanghai, Dubai, Sao Paulo, Seoul, Tokyo and Perth.

ICIS is part of RELX, a FTSE15 company with a market cap of £64bn and an employee base of over 30,000 experts across 40 countries.

About RELX

RELX is a global provider of information and analytics for professional and business customers across industries. The Group serves customers in more than 180 countries and has offices in about 40 countries. It employs approximately 30,000 people of whom almost half are in North America. RELX PLC is a London listed holding company which owns 52.9% of RELX Group. RELX NV is an Amsterdam listed holding company which owns 47.1% of RELX Group. The shares are traded on the London, Amsterdam and New York Stock Exchanges using the following ticker symbols: London: REL; Amsterdam: REN; New York: RELX and RENX. Total market capitalisation is approximately £64bn | €75bn | $81bn.

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Bybit Web3 Announces “Mantle Sharding With Ethena” Campaign

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DUBAI, UAE, March 28, 2024 /PRNewswire/ — Bybit, one of the world’s top three crypto exchanges by volume, is thrilled to announce a campaign in collaboration with Mantle Network: Mantle Sharding With Ethena. This exciting event offers $MNT holders the opportunity to earn a share of a massive 2.5 billion Ethena Shards.

Lock In $MNT and Earn mShards

The official lock-in period for the Mantle Sharding With Ethena campaign runs from March 27, 2024, 10:00 AM UTC to April 26, 2024, 10:00 AM UTC. During this time, Bybit Web3 users can lock in their $MNT tokens to earn coveted mShards. These mShards, fully backed by the Mantle Treasury, can be later redeemed for Ethena’s native token, $ENA.

Maximize Your Rewards and Trade mShards Across DeFi dApps

For maximum reward potential, users are encouraged to keep their $MNT locked throughout the entire campaign period. Rewards are dynamically calculated and updated in real-time based on the total amount of $MNT locked per second by all participants.

Bybit Web3 is proud to be the first ecosystem to enable the trading of Ethena Shards in the form of mShards across various DeFi dApps. This integration marks a significant milestone for Mantle Ecosystem, paving the way for further exciting developments.

Don’t miss this opportunity to earn substantial rewards and contribute to the growth of the Mantle and Ethena ecosystems. For full details and participation instructions, please visit:

https://announcements.bybit.com/en/article/limited-time-offer-lock-in-mnt-and-grab-your-share-of-2-500-000-000-ethena-shards–blt66c8da8bd86d0910/

#Bybit / #TheCryptoArk / #BybitWeb3

About Bybit Web3

Bybit Web3 is redefining openness in the decentralized world, creating a simpler, open, and equal ecosystem for everyone. We are committed to welcoming builders, creators, and partners in the blockchain space, extending an invitation to both crypto enthusiasts and the curious, with a community of over 1 million wallet users, over 10 major ecosystem partners, and counting. 

Bybit Web3 provides a comprehensive suite of Web3 products designed to make accessing, swapping, collecting and growing Web3 assets as open and simple as possible. Our wallets, marketplaces and platforms are all backed by the security and expertise that define Bybit as a top 3 global crypto exchange, trusted by 25 million users globally.

Join the revolution now and open the door to your Web3 future with Bybit.

For more details about Bybit, please visit Bybit Web3.

About Bybit

Bybit is one of the world’s top three crypto exchanges by trading volume with 25 million users. Established in 2018, it offers a professional platform where crypto investors and traders can find an ultra-fast matching engine, 24/7 customer service, and multilingual community support. Bybit is a proud partner of Formula One’s reigning Constructors’ and Drivers’ champions: the Oracle Red Bull Racing team.

For more details about Bybit, please visit Bybit Press.

For media inquiries, please contact: [email protected]

For more information, please visit: https://www.bybit.com

For updates, please follow: Bybit’s Communities and Social Media

Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube

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