Technology : IoT & A.I. News
SymTerra announces Google Cloud partnership to accelerate digital transformation for transport, construction and utilities companies

SymTerra announces Google Cloud partnership to accelerate digital transformation for transport, construction and utilities companies

SymTerra, the digital communication tool built for on-site project teams, has announced its partnership with Google Cloud at this year’s Interchange Annual Conference in Manchester Central. The new integration on Google Cloud Marketplace offers the SymTerra tool to Google Cloud’s construction, utility and transport customers, enabling project data flow across

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Revolutionizing Rail Navigation: MoniRail's Quantum Technology Grant Paves the Way for Satellite-Free Precision

Revolutionising Rail Navigation: MoniRail’s Quantum Technology Grant Paves the Way for Satellite-Free Precision

MoniRail, a leading expert in monitoring rail infrastructure, has secured a significant grant from the UK government’s prestigious SBRI Quantum Catalyst Fund. The Phase 2 award, funded by the Department for Science, Innovation and Technology (DSIT) and Innovate UK, will enable MoniRail to spearhead the development of a groundbreaking quantum-based

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Smart Parking to See Major Uptake in Cities, with 16 Million City Smart Parking Spaces Forecast Globally by 2028, as Pressure Ramps Up to Reduce Congestion

Smart Parking to See Major Uptake in Cities, with 16 Million City Smart Parking Spaces Forecast Globally by 2028, as Pressure Ramps Up to Reduce Congestion

A new study by Juniper Research, the foremost experts in technology markets, forecasts substantial growth of 182% in the number of smart parking spaces within cities; from 5.8 million in 2024.  Smart parking utilises a combination of sensors and real-time data to provide road users with information on closest available

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‘Tended’ geofencing: improving safety in rail & heavy industries raises £1.5 million under EIS

‘Tended’ geofencing: improving safety in rail & heavy industries raises £1.5 million under EIS

Dubbed ‘Google Maps for heavy industry’ Tended’s  advanced Geofencing technology is currently used across the rail industry by leading organisations such as  Network Rail, Siemens, Morgan Sindall and Amey to improve safety. Tended successfully closed out the £1.5 million EIS round with Wealth Club with participation from existing investor Blackfinch

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Comment: AI is evolving cyber threats; what should business do?

Comment: AI is evolving cyber threats; what should business do?

Tom Gorup, Vice President Security Services at Edgio “The NCSC report findings come as no surprise. The growth in ransomware attacks is driven by a change in technique. In the past, attackers targeted comprised IoT devices, but now hackers are better resourced and can even buy and utilise cloud providers.

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Latest Issue
Issue 322 : Nov 2024

Commercial : IoT & A.I. News

UK’s first digital active city spaces to be designed for teenage girls

UK’s first digital active city spaces to be designed for teenage girls

Encouraging teenage girls to stay active by designing city spaces that make use of immersive digital technology is the goal of new three-year project led by Birmingham City University (BCU).  “Spaces that teen girls can claim and feel comfortable being active in are negligible beyond the school gates,” said Dr Silvia Gullino, urban planning expert at BCU.  “Teen girls generally drop out of public sight. Our research aims to understand how digital approaches can be used to co-design spaces that are more inclusive for young women.”  In the UK, more than one million girls drop off the sporting radar after primary school with important health, wellbeing, and social ramifications (Women in Sport, 2019).  Teenage girls demonstrate the sharpest decrease in physical activity upon entering adolescence, with 85% not meeting the World Health Organization’s physical activity recommendations globally.  Dr Gullino, Associate Professor in City Making within the Faculty of Computing, Engineering and Built Environment, will collaborate with BCU colleagues Dr Carlo Harvey, Director of Future Games and Graphics, and Dr Simon Cook, a specialist in human geography and active spaces.  Dr Carlo Harvey said: “I see this initiative as a groundbreaking opportunity to leverage AR, VR, and AI to create active city spaces that truly resonate with and empower teenage girls, iterating upon their engagement and presence in urban environments.”   “As a geographer, I’m interested in people’s relationships with places and particularly how spaces can enable us to flourish,” said Dr Cook.  “It’s clear public spaces are failing young women in this regard and we need new approaches.”  Dr Gullino, who will be aided by the support of a new three-year PhD studentship, agrees.   “In cities designed by able-bodied white men for men, women struggle to find ways to express themselves, feel safe and flourish,” she said.  “Teenage girls are a particularly neglected and overlooked group in urban planning and design.   “The patriarchal nature of Western societies, coupled with an underrepresentation of women and young people in urban planning and design professions, results in dominantly masculine cities and active public spaces that negatively impact engagement by others.”  Building, Design & Construction Magazine | The Choice of Industry Professionals

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SymTerra announces Google Cloud partnership to accelerate digital transformation for transport, construction and utilities companies

SymTerra announces Google Cloud partnership to accelerate digital transformation for transport, construction and utilities companies

SymTerra, the digital communication tool built for on-site project teams, has announced its partnership with Google Cloud at this year’s Interchange Annual Conference in Manchester Central. The new integration on Google Cloud Marketplace offers the SymTerra tool to Google Cloud’s construction, utility and transport customers, enabling project data flow across supply and labour chains for more effective site and project reporting.  SymTerra’s record-right-first-time site reporting tool captures data at the point of work, to eliminate risk and hidden costs that result from reporting inaccuracies, difficulty accessing historical data, and weak chain of evidence required for commercial defensibility. By putting digital tools in the hands of those on site to capture data at point of work, SymTerra eliminates the industry’s over-reliance on consumer communication tools, to make absent, incomplete, outdated & incorrect data a thing of the past.  In the construction, rail and water industry, effective communication is paramount to enabling data flows across supply and labour chains. The foundation of every project, and fundamental to every business, is robust data; and yet many project teams are forced to rely on consumer messaging tools for site reporting and asset updates because other options are simply not fit for purpose. SymTerra co-founder Sarah Crawley commented; “Data is critical to the commercial resilience and viability of the transport and infrastructure sector, with access to open data standards empowering the entire supply chain; democratising data is one of the foundations on which the future of multi-modal transport will be built. None of this can happen without site teams having direct access to digital tools that capture real time data, updates and reporting from site, which is why this strategic partnership with Google Cloud is such an important catalyst for the integration and digitisation of transport infrastructure. “We’re looking forward to meeting Google Cloud partners at this year’s Interchange Conference, and helping more Google Cloud customers deliver projects with better reporting for future resilience.” “Bringing Symterra to Google Cloud Marketplace will help customers quickly deploy, manage, and grow its digital communications platform on Google Cloud’s trusted, global infrastructure,” said Anne-Marie Lamb, Director, Manufacturing & Industrial, UKI, Google Cloud. “SymTerra can now securely scale and support customers on their digital transformation journeys.” As a Google Cloud partner, SymTerraoffers customers the ability to: The new integration with Google Cloud launched on Wednesday 28 February 2024 at Google Prism, the interactive immersion zone focused on data and AI in transport, where SymTerra is speaking, alongside infrastructure specialist D2 Global, on ‘building the data pipeline for lost assets’. Catch SymTerra on the Google Prism stage on Wednesday 28 February at 10.20am. Building, Design & Construction Magazine | The Choice of Industry Professionals

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How Smart Technology can help alleviate the labour skills shortage

How Smart Technology can help alleviate the labour skills shortage

Construction is the largest industry in the world making up more than 13 percent of GDP globally. Despite this, it has been slow to evolve and has only recently started implementing technological changes. On top of this, the industry fears a lack of talent, with over 38,000 vacancies recorded per quarter in construction in the UK alone.  To tackle this challenge, Richard Clement, Deputy General Manager at Smart Construction, discusses how the construction industry can implement changes using smart technology to help alleviate the labour skills shortage. Why is there a labour skills shortage in the construction industry? Clement says: ‘’The construction industry is known to be behind the times in terms of digitalisation, however, companies such as Smart Construction are part of the 1 per cent of those capitalising on developments in technology. The lack of digital awareness, along with an ageing workforce, contributes to why many young workers don’t see an appeal to join the industry.’’ There has been a dramatic fall in 16-30-year-olds entering the construction industry meaning a less agile and a less digitally literate workforce at a time when the industry is trying to focus on digital revolution. How has this impacted the construction industry? As of January 2023, research found that 80 per cent of construction firms found it difficult to recruit qualified workers. This demographic trend poses a real challenge for maintaining the industry’s vitality and finding a future workforce.  Governments recognise this impending shortfall and are prioritising the skills shortage in Europe with several national and European policies setting new environmental targets that require investment in construction.  Estimations indicate that the green transition could lead to the creation of between 1 and 2.5 million additional jobs overall by 2030, a positive outlook for the industry. However, companies would therefore need to have access to a qualified workforce to handle this increasing demand. Clement says: “Smart technology is crucial for the future of construction, given a push on new government initiatives, the ageing workforce, and the industry’s move towards tech solutions to alleviate the shortage of lower-skilled workers and attract younger ones.’’ How can Smart Technology and digital solutions help alleviate the labour shortage? Over the next five years, 95 per cent of UK construction companies plan on investing in tech, with the hope of driving more talent into the industry. “There are multiple benefits to investing in smart technology and digital solutions. From upskilling the workforce, reducing the amount of time required at site or remotely to gather information and communicate changes, to providing tracking data to the customer,’’ Clement explains.  Smart technology and digital solutions can upskill current workers, whilst alleviating pressures on personnel from all stages of the process. Even individuals who don’t consider themselves tech-savvy can benefit from digital solutions – teams across Europe have found the data easy to analyse and interpret. This means less pressure on workers as the load is shared at the job site. Chris Horn, Technology Manager at HB Golf, offers some insight on how digital solutions have benefited his team on one of his projects in the Czech Republic:  ‘’Smart Construction’s Dashboard has allowed me to regain time which was previously lost to surveying and doing invoices. These are tasks my site managers can now pick up, upskilling the existing workforce, making them more versatile, especially at a time when it has been hard to find qualified managers.’’ Smart Construction in action: What is 3D Machine Guidance, how does it work, how does it benefit? Smart Construction’s 3D Machine Guidance system is an easy-to-use machine guidance solution that enables excavator operators to dig with centimetre precision. The system provides instant feedback on the screen, which helps operators to reduce over-digging and rework. It also eliminates the need for extra surveying work as operators can check the accuracy of their own work and visualise the finished product with the model on the screen.  Adrian Binkert, owner of Binkert Baggerarbeiten in Switzerland says: “The 3D Machine Guidance system from Smart Construction has proven to be an incredibly cost-effective solution that competes with more expensive systems in terms of performance. Since we fitted the kit on our Volvo EC220, it has been working non-stop. Now the operator can work on-site alone, with no extra surveying work needed.’’ Besides being a standard machine guidance system, 3D Machine Guidance works as an IoT device automatically collecting terrain and payload data, which can be analysed using Smart Construction solutions and expert advice, enabling data-driven decision-making. What’s next?  There are many ways smart technology can help alleviate the labour skills shortage. It’s essential that the industry and employers recognise what the future could look like for the industry and try to make a change, alongside the efforts to alleviate the pressure of an impending shortage of workers.  Clement explains: ‘’As smart technology develops it can act as a buffer for the challenges the construction industry could face in the coming decades. It will also help to upskill workers in the future, which is essential, and allow less technically confident workers to enter the industry.’’ For more information visit smartconstruction.io. Building, Design & Construction Magazine | The Choice of Industry Professionals

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Cordel Initiates Data Contract with Network Rail to Enhance Engineering on HS1

Cordel Initiates Data Contract with Network Rail to Enhance Engineering on HS1

Cordel Group, an artificial intelligence platform, has officially started its data contract with Network Rail to provide advanced data capture services on High Speed One (HS1). The AIM-listed company has successfully installed its equipment on trains, which now operate in daily service, delivering crucial engineering insights to the UK’s rail infrastructure manager. The technology autonomously collects data from the HS1 route for Network Rail, uploading it seamlessly to the cloud. Utilizing routine automated surveys, it measures the height of overhead lines and the stagger of cables supplying power to trains on the track. The contract, awarded in October, marks a significant step in enhancing rail infrastructure management. HS1 operates routes connecting St Pancras International to the Channel Tunnel and facilitates connections to international lines, including Paris, Lille, Brussels, and Amsterdam. Mark Devereux, Head of Electrification and Plant at Network Rail High Speed, expressed satisfaction, stating, “On schedule, and within four months of contract award, Cordel has installed on-train equipment and rolled out automated data capture.” Looking ahead, Devereux anticipates that Cordel’s automated inspection management service and AI processing will enable rapid turnaround times. Cordel aims to provide Data-as-a-Service insights crucial for supporting efficient and safe engineering management of railway infrastructure maintenance and renewals. John Davis, CEO of Cordel, expressed excitement about expanding their world-leading technology to cater to HS1’s specific requirements. Cordel has successfully captured and processed data across more than 500,000 miles of international railway lines, resulting in unparalleled AI learning and data management experience. Recent disruptions on the high-speed route have led to increased scrutiny of Network Rail and operators like Eurostar. Cordel’s innovative approach aims to address these challenges and contribute to the efficient and safe functioning of the HS1 rail network. Building, Design & Construction Magazine | The Choice of Industry Professionals

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Chief Technology Officer appointed to advance Q-Bot's use of robotics and AI in social and private housing

Chief Technology Officer appointed to advance Q-Bot’s use of robotics and AI in social and private housing

John Burley joins Q-Bot from CMR Surgical to advance the use of robotics, digital and AI in the retrofit and construction sectors Q-Bot, the technology company that uses robotics and AI to insulate people’s homes, has appointed John Burley as Chief Technology Officer.  John’s career spans surgical robotics, satellite control and strategic consultancy. John brings to Q-Bot extensive technical and operational leadership experience. His career to date includes five years at CMR Surgical, one of the UK’s fastest growing medical device start-ups.  At CMR, John helped the company to bring Versius, their robotic surgical system, into operating theatres around the world. He set up and developed their field service capabilities, technical support, service training, and robotic repair centres in UK and India. He also sits on WBR Field Service advisory board and speaks publicly about field service leveraging digital technology.  John’s experience at CMR Surgical will be especially valuable to Q-Bot as it develops and expands the use of robotics within the retrofit and building sector. After CMR, John moved into the sustainability ‘cleantech’ space through a series of consultancy engagements, including work on the autonomous robotic assembly of a space-based solar power station with Space Solar in Harwell. He has also worked at Airbus and Inmarsat (ViaSat), managing spacecraft operations from launch to end-of-life, maintaining them and recovering them from emergencies. Professor Peter Childs FREng, Chair and co-founder of Q-Bot (and founding head of the Dyson School of Design Engineering at Imperial College, London) said: “We are delighted that John has joined Q-Bot. His extensive experience of robotics and technology transfer – both in the medical and space sectors – will be hugely valuable as we further develop our technology for home insulation and in time building inspections. By using our specialist robots, we are accelerating the insulation of people’s homes, helping households reduce their energy bills, improving a home’s air quality and reducing a property’s carbon emissions.” In London alone, there are around 500,000 homes – hard to treat homes with suspended floors – that would benefit from using Q-Bot’s floor insulation. It is estimated that roughly 80% of these homes have an energy performance of EPC D, or below. John Burley said: “It’s super-exciting to have joined Q-Bot. It’s a fast-growing robotics innovator with a track record of over 10-years in reducing carbon emissions, and crucially making homes warmer and cheaper to run.  The opportunity to use my robotics experience with a company in the growing clean/climate tech sector and with an ambition to revolutionise the retrofit and construction industries with robotics, digital tools, and AI were two key reasons for my choosing to join Q-Bot.” Q-Bot’s floor insulation technology is quick, hassle-free and cheaper than other forms of insulation; it is verified by the Energy Saving Trust and the Residential Property Surveyors Association.  Independent tests undertaken by Leeds Beckett University point to a 24% heat loss reduction in homes that have Q-Bot insulation, and in a separate study it has been shown that Q-Bot insulation reduces running costs for properties with heat pumps – by as much as 30%. As well as insulating people’s homes by using its robots, Q-Bot wants to provide new services for the inspection, maintenance and upgrade of buildings, without the cost and disruption of traditional methods. To do this, Q-Bot is growing its “robot-as-a-service” model (RAAS) and expanding placements of its technology via its partners in the UK and Europe. With John’s arrival at Q-Bot, Tom Lipinski, who co-founded Q-Bot with Professor Peter Childs and had been Chief Technology Officer, is now the company’s Chief Scientific Officer. For further information, visit www.q-bot.co Building, Design & Construction Magazine | The Choice of Industry Professionals

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Revolutionizing Rail Navigation: MoniRail's Quantum Technology Grant Paves the Way for Satellite-Free Precision

Revolutionising Rail Navigation: MoniRail’s Quantum Technology Grant Paves the Way for Satellite-Free Precision

MoniRail, a leading expert in monitoring rail infrastructure, has secured a significant grant from the UK government’s prestigious SBRI Quantum Catalyst Fund. The Phase 2 award, funded by the Department for Science, Innovation and Technology (DSIT) and Innovate UK, will enable MoniRail to spearhead the development of a groundbreaking quantum-based navigation system for railways, eliminating reliance on satellite signals in tunnels and other signal-restricted areas. Understanding train position with high accuracy is crucial for efficient network management, maintenance, and safety. However, traditional GPS-based systems often fail in tunnels and urban environments, leading to inefficiencies and potential safety risks. MoniRail, alongside partners Transport for London (TfL), Imperial College London, University of Sussex, University of Birmingham, PA Consulting, QinetiQ, and Unipart, will develop a revolutionary solution that leverages cutting-edge quantum technologies. “It is fantastic to be able to share the news of our success in the SBRI Quantum Catalyst Fund,” said Peter Ainsworth, CEO at MoniRail. “This funding win will help us produce significant advances in the area of positioning accuracy and enhance our track monitoring solution through the creation of groundbreaking technology.” The proposed system will utilise a train itself as a sensor, continuously monitoring track conditions while simultaneously employing quantum sensors to measure gravity, time, magnetic fields, and acceleration. This combined approach promises to deliver unprecedented levels of positioning accuracy, even in challenging signal-deprived environments. “Working with our partners, we will harness quantum sensors to achieve improved levels of positional accuracy, critical for both civilian and military needs,” explained Dr. Jamie Vovrosh, Quantum Lead at QinetiQ. “Unipart is delighted to be the technology partner for this project, supporting advancements in railway navigation,” said Dr. Colin Smith McGloin, product and innovation director at Unipart. “We are excited to begin our journey in developing a UK supply chain for the manufacture of quantum sensors.” “It is exciting to see what bringing together academia and industry can do for the transport sector and the economy as a whole,” commented Professor Paul Plummer, director of the Birmingham Centre for Railway Research and Education at the University of Birmingham. Building, Design & Construction Magazine | The Choice of Industry Professionals

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Amrax and Ranplan partner to make wireless networks smarter through spatial design

Amrax and Ranplan partner to make wireless networks smarter through spatial design

3D modelling will enable the creation of more stable and efficient networks Amrax, a 3D modelling and spatial data capture company, has announced a strategic partnership with network planning solution provider Ranplan Wireless.  The collaboration will enable designers to use 3D modelling to create ultra efficient wireless networks. Through Amrax’s Metaroon, Ranplan’s customers can visualise, experiment with and optimise the design of networks to ensure seamless connectivity and operational efficiency.  Metaroom enables users to 3D scan environments to create 3D models of rooms, floors, or entire buildings. Over 7,300 users, including key players in the lighting, wireless planning and AEC industries, have registered through the Metaroom app and joined the Amrax B2B ecosystem dedicated to spatial design and 3D modelling. Notable new additions to the customer base include Siemens, Tulux, LTS and Voglauer.  Key benefits of the collaboration between Ranplan and Amrax include:  Time Efficiency:Metaroom eliminates the need for tedious drawings and CAD imports, ensuring a streamlined process and saving valuable time in the critical planning phase. Future of 3D Modelling:Representing the future of modelling the physical environment, Metaroom® sets a new benchmark for the industry by offering fast and precise 3D scanning. Seamless Data Transfer:The integration ensures a seamless data transfer between Metaroom® and Ranplan Wireless, enhancing the overall user experience and operational efficiency. Martin Huber, CEO of Amrax, said: “This strategic partnership with Ranplan Wireless marks a pivotal moment in the evolution of wireless network planning. By integrating Metaroom’s cutting-edge 3D scanning capabilities, we are not just streamlining workflows but setting new industry standards. Our technology eliminates inefficiencies and opens up new possibilities for businesses and telecom operators alike.” Per Lindberg, CEO Ranplan, said: “The alliance between Ranplan Wireless and Amrax transcends a mere partnership; it’s a fusion of technological expertise. Our collaboration is designed to empower businesses, telecom operators, and enterprises with state-of-the-art wireless network solutions. We’re paving the way for enhanced network reliability, scalability, and sustainability, ensuring that businesses remain connected in our rapidly evolving digital landscape.” Building, Design & Construction Magazine | The Choice of Industry Professionals

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Smart Parking to See Major Uptake in Cities, with 16 Million City Smart Parking Spaces Forecast Globally by 2028, as Pressure Ramps Up to Reduce Congestion

Smart Parking to See Major Uptake in Cities, with 16 Million City Smart Parking Spaces Forecast Globally by 2028, as Pressure Ramps Up to Reduce Congestion

A new study by Juniper Research, the foremost experts in technology markets, forecasts substantial growth of 182% in the number of smart parking spaces within cities; from 5.8 million in 2024.  Smart parking utilises a combination of sensors and real-time data to provide road users with information on closest available parking spaces and prices, through either signage, apps or dashboards. This helps reduce congestion and emissions produced by vehicles searching for suitable parking spaces. Find out more: Global Smart Traffic Management Market 2023-2028, or download a free sample. Dynamic Pricing Vital in Reducing City Congestion The report urges city municipalities to seriously consider investing in and implementing smart parking initiatives within highly congested cities. The advantages surrounding dynamic pricing in smart parking can not only be used to strategically increase revenue, but also have the ability to ease ongoing congestion issues. This is achieved by lowering prices in less congested parking areas; making them more attractive to drivers. Research Author Cara Malone commented: “With more data than ever available and the low latency that 5G provides, parking solutions have become highly responsive. In cities where on-street parking is a major issue, dynamic signage can be deployed to utilise available parking more efficiently at quieter times; significantly reducing congestion.” Data Analytics to Optimise Transit Routes   Juniper Research recommends smart parking vendors offer data analytics services to municipalities and governments as a priority. This data is critical to analysing parking and occupancy patterns, which can be used to optimise transit routes and development; helping shift citizens to public transport and providing significant value for cities. About the Research Suite The new market research suite offers the most comprehensive assessment of the smart traffic management market to date; providing analysis and forecasts of over 31,900 datapoints across 60 markets over five years. It includes a ‘Competitor Leaderboard’ and examination of current and future market opportunities.  Building, Design & Construction Magazine | The Choice of Industry Professionals

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‘Tended’ geofencing: improving safety in rail & heavy industries raises £1.5 million under EIS

‘Tended’ geofencing: improving safety in rail & heavy industries raises £1.5 million under EIS

Dubbed ‘Google Maps for heavy industry’ Tended’s  advanced Geofencing technology is currently used across the rail industry by leading organisations such as  Network Rail, Siemens, Morgan Sindall and Amey to improve safety. Tended successfully closed out the £1.5 million EIS round with Wealth Club with participation from existing investor Blackfinch Ventures. In the UK, Network Rail is responsible for maintaining more than 20,000 miles of track – but despite a strong focus on trackside safety, accidents do happen causing significant financial cost and even cost lives. Network Rail has committed a specific allocation of its £44 billion, 5-year budget to improve safety, and has identified geofencing as a key technology for meeting the tightening regulations. With Tended’s solution, which uses Global Navigation Satellite System (GNSS) and real time kinematics (RTK) to provide location to within 1cm,  managers can set ‘safe’ and ‘unsafe’ locations on an easy-to-use dashboard. Meanwhile, high-precision wearables pinpoint where workers and other physical assets  are located, and can alert users if they are unsafe. Tended’s commitment to workplace safety was internationally recognised when its product was featured in Time Magazine’s Best Inventions of 2023 list. This recognition illustrates the type of impactful technological solutions Blackfinch Ventures and Wealth Club aims to support through its investments. In January, Siemens Mobility announced that it would be rolling out Tended’s technology across the UK following a successful six-month pilot and small-scale deployments in the South West, where the teams were impressed by its suitability for the varied and complex projects*. Following on from its success in the rail sector, Tended is also targeting other heavy industries including Highways and Utilities.  Tended is now working in partnership with the European Space Agency on the next generation of its product. Gayle Bowen, Head of Direct company investments at Wealth Club said: “Tended has achieved a great deal since launching its Geofencing product in March 2023. Not only has it secured contracts and pilots with key industry players like Siemens Mobility but it has also secured major R&D funding to complete the next iteration of its technology. We expect the Department for Transport’s anticipated changes to safety standards to be an important catalyst in this market which could further underpin Tended’s  growth plans. Tended is a great example of high impact UK innovation as part of a commercially compelling EIS investment.” Leo Scott Smith, CEO of Tended said: I’m delighted to welcome Wealth Club as a shareholder at this really exciting time in our growth trajectory. We’re already starting to see the profound impact we’re having on safety and efficiency in the rail industry through the implementation of our geofencing technology. With Wealth Club on board, I’m excited to increase this impact and together, work towards our mission of putting an end to preventable fatalities in heavy industries. Building, Design & Construction Magazine | The Choice of Industry Professionals

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Comment: AI is evolving cyber threats; what should business do?

Comment: AI is evolving cyber threats; what should business do?

Tom Gorup, Vice President Security Services at Edgio “The NCSC report findings come as no surprise. The growth in ransomware attacks is driven by a change in technique. In the past, attackers targeted comprised IoT devices, but now hackers are better resourced and can even buy and utilise cloud providers. Cybercriminals are using servers to run layer 7 or HTTP layer DDoS attacks, using compromised web applications to get a foot in the door. Then, they can move laterally, taking over servers, hijacking machines, and planting malware that is getting even more devious.   “Moving forward, businesses should continue to ramp up defences against ransomware attacks that don’t just lock up data, but exfiltrates it and holds it ransom. Reputations are on the line even for reporting these events. Attackers are weaponizing the SEC to file formal complaints should a victim fail to report the event. They should also look to upskill employees in social engineering and spotting phishing attacks to reduce points of entry.  “But even with these effective programs, exploitation of public-facing applications remains the top entry point (21.2%) for attackers according the Mandiants M-Trends report. Even though the attackers may have less low-hanging fruit, they continue to get creative — and with the ability to scan source code with AI, these threats will only increase further. On the other side of this coin, in 2024, we will start to see defensive solutions that leverage AI to nearly automate the entire process, from identification to bug-fix enabling businesses to keep in step with these actors.” Building, Design & Construction Magazine | The Choice of Industry Professionals

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