Joe Volk’s Post

Will you be joining the NCBFAA conference in Fort Lauderdale this month? Make sure to catch Craig Seelig, Product Manager – Customs and Compliance, on a panel with other experts as they discuss how AI is transforming logistics and customs processes. Topics will include document analysis, anomaly detection, error reduction, and regulatory compliance in global trade. #WiseTech #artificialintelligence #automation #technology

Will you be joining us at the NCBFAA conference in Fort Lauderdale this month? Make sure to attend the panel with Craig Seelig, Product Manager – Customs and Compliance, and other experts in the field. They will discuss how AI is revolutionizing logistics by streamlining customs procedures, like document analysis and anomaly detection, and maintaining compliance in the global trade industry. #WiseTech #artificialintelligence #automation #technology.

What are we reading today at Kantox? 📚 On Safaricom PLC's and Siemens Healthineers' FX travails, the last edition of Currency Pulse, the PhocusWire 2024 Conference, and Kantox's latest patent approval. 1.- Safaricom PLC. According to Bloomberg, Kenya’s 🇰🇪 biggest company saw first-half profit decline 18% because of the devaluation of Ethiopia’s 🇪🇹 currency. The weakening of the currency cost the company about 17.5bn shillings. [AM: note that the firm is "reviewing pricing"]. 2.- Siemens Healthineers. The German 🇩🇪 hospital and healthcare firm announces adjusted EBIT of €1.1 billion in 4Q and an adjusted EBIT margin of 17.7%. The firm also mentions "negative currency effects" on business lines such as Imaging, Varian and Advanced Therapies. 3.- #CurrencyPulse. The issue No. 34 of the only newsletter devoted to corporate FX management is out. We discuss *Strategic FX risk management*, the automation requirements of layered hedging programs, and JDS Sports £26mn FX-related revenue shortfall. 4.- PhocusWire. At the Annual Conference in Phoenix, Arizona 🇺🇸, Kantox will discuss how currency management technology helps Travel firms enhance profit margins by selling in the currency of their customers, and buying in the currency of their suppliers. 5.- Kantox. Kantox Dynamic Hedging® has secured patent protection in over 20 European countries. "Expanding the patent protection to Europe confirms Kantox's solution is a unique offering at the cutting edge of currency management,” says Jeff Turner, General Counsel at Kantox.

This week, we are in Madrid for the plenary meeting of the European CEDAR project. GreenTwin is contributing to the Slovenian pilot project 'Transparent Management of Slovenian Public Healthcare Funds', which aims to digitalize and enhance transparency in low-value public procurement processes. During the meeting, GreenTwin showcased its user interface technology, which enables: • The entire public procurement process(publication, ordering, etc.). • Monitoring by state authorities of completed and ongoing public procurements. • Detection and identification of fraudulent activities using artificial intelligence.

The Business of Events Policy Agenda - objective 1 📊 Revamping SIC Codes for Accurate Industry Representation 📊 The business events industry, encompassing conferences, meetings, exhibitions, and trade shows, plays a vital role in driving the UK economy. However, the current Standard Industrial Classification (SIC) codes do not accurately reflect the diverse and dynamic nature of our industry. 🛠️ Why this matters: 1. Accurate data collection: Updated SIC codes will ensure better data collection, allowing for more precise economic analysis and policy-making. 2. Targeted support: With accurate classification, the industry can receive more targeted support and funding, enhancing growth and innovation. 3. Visibility and recognition: Properly categorised, the industry will gain the visibility it deserves, highlighting its contributions to economic growth and employment. 🏛️ Call to action: We recommend the UK Government collaborates with industry leaders to update the SIC codes, reflecting the true scope and impact of the business events sector. Let's work together to ensure our industry gets the recognition and support it deserves. 👥Followers: share your views and comments #BusinessEvents #UKGovernment #SICCodes #PolicyInitiative #EconomicGrowth #IndustrySupport #UKElection2024

Associations are always striving to stay ahead of industry changes, and the rise of artificial intelligence is no exception. Aaron Barber General Manager of the Real Estate Institute of New South Wales [REINSW], shares how AI-powered tools like D2L Lumi are transforming the way associations operate. From saving staff time to better engaging members and empowering subject matter experts to share their knowledge, tools like Lumi are making a real impact. https://lnkd.in/gQN3wcqm

Here are the top business stories in Cyprus from the week starting May 20. #Cyprus #business

This is the screen that awaits the visitors of European Commission hearing on INDUSTRY 5.0. The event ended already, not sure if a recording would be available. Not a single speaker mentioned INDUSTRY 5.0 origin (2015-12-01) or principles, all refer just to INDUSTRY 5.0 FAKE (2021-01-05) speaking about transparency, honesty, intellectual property, pretending the lie to be the truth in an empty room, actors without the audience, celebrating the best act of the year. Three years ago hijacked the @RESEARCH AND INNOVATION UNIT of European Commission the term "INDUSTRY 5.0" referring officially to INDUSTRY 5.0 DEFINITION published by MICHAEL RADA, INDUSTRY 5.0. For the entire time not a single time did the head of the unit, managers or employees contact INDUSTRY 5.0 Founder to narrow their understanding, using the term for the same what was named before INDUSTRY 4.0, instead of respecting the principles. Today many of my words could be found in the mouths of experts, but not a single one understood correctly. INDUSTRY 5.0 AMBASSADORS NETWORK INDUSTRY 5.0 STRATEGIC ALLIANCE Industry 5.0

It's 1 week to #ICE25 Barcelona. Reach out to Matthew Agius to catch up for a coffee and learn how our 𝐑𝐞𝐠𝐓𝐞𝐜𝐡 𝐒𝐨𝐥𝐮𝐭𝐢𝐨𝐧𝐬 are simplifying regulatory complexities: - Scalability - Single Points of Failure - Regulatory and Reputation Risks - Control on Compliance Visibility & Decision-Making