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Using Generative AI to Drive Corporate Impact

TechEmpower

Key Functions with High Impact Generative AI is revolutionizing sales by enabling dynamic pricing and personalized customer interactions, boosting conversion rates and customer satisfaction. Post-sale, AI analyzes customer data to improve service and loyalty, making it a cornerstone of modern sales methodologies.

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Kofax Wins $700,000 Contract

socalTECH

Irvine-based Kofax , the developer of business document management software, reported that it has won a $700,000 contract in the Asia Pacific region. Name of the customer wass snot announced. Kofax said the customer is handling more than 300,000 documents annually. Name of the customer wass snot announced.

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Citadel Defense Scores $6M From DoD

socalTECH

San Diego-based Citadel Defense, which develops counter-drone technology, reported on Thursday that it has scored a $6M contract from an un-named, U.S. Department of Defense customer. According to the company, the contract covers its AI-enabled solution to detect, classify, track, and defeat drones.

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MaintenanceNet Reports Record Year

socalTECH

Carlsbad-based MaintenanceNet , the developer of software-as-a-service used for managing service contracts and service quotes for manufacturers and others, reported today that it has had a record year. billion in service contracts for its customers. billion in service contracts for its customers.

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Kofax Wins $700,000 Contract

socalTECH

Irvine-based Kofax , which develops document capture and business process automation software, reports this morning that it has scored a $700,000 contract from a health insurance provider. Name of the customer was not disclosed. READ MORE>>.

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OSI Systems Gets $3M Contract

socalTECH

Hawthorne-based OSI Systems , the developer of specialized electronics products for the security and healthcare industry, reported today that it has won a $3M contract from a New Jersey health system customer. The award went to its healthcare division, Spacelabs Healthcare, for a patient monitoring system.

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Canoo, the electric vehicle startup formed from Faraday Future’s ashes, seeks $200 million

TechCrunch LA

Canoo is locking in final contracts with its vendors and is going to be in production with prototypes before the end of the year. The company touts that its different cabins can be tailored to suit the needs of different customers — ranging from commuter vehicles, public or group transportation, delivery vehicles, and private cars.