Daily Archives: September 5, 2018

Radiant Earth Foundation Releases First Earth Imagery Platform for Global Development

WASHINGTON, Sept. 05, 2018 (GLOBE NEWSWIRE) — Radiant Earth Foundation (formerly known as Radiant.Earth) announced today the release of its new open Earth imagery platform, fundamentally changing the way humanitarian aid workers, policymakers, researchers, journalists, and others use satellite images to understand and serve their communities. The platform is the first of its kind to offer instant, secure, and free access to Earth observation data on the cloud and help the global development community apply the data to real-world problems.

Today, there are more than 600 Earth observation satellites orbiting the planet, each one generating an estimated 6.4 terabytes of data each day. From seeing the scale of natural disasters to supporting Ebola outbreak responses, this data can measure global changes in near real time, leading to better-informed interventions and investments from the public and private sectors.

However, the current growing market for Earth observation data is highly fragmented and often cost-prohibitive for NGOs, multilateral organizations, government agencies, and others focused on social entrepreneurship. Working with organizations such as NASA, the European Space Agency, the Group on Earth Observations, the Global Partnership for Sustainable Development Data, and private companies around the world, Radiant Earth Foundation’s platform brings together billions of dollars’ worth of satellite imagery and makes it available to the global development community. Additionally, the platform provides user-friendly analytical tools and support, empowering a range of users to consume and analyze the data in their everyday work.

“As global threats like climate change rapidly grow, observation systems and analytical technologies such as machine learning allow us to analyze landscapes and communities at a scale that was previously impractical and inaccessible to global development practitioners,” said Anne Hale Miglarese, founder and CEO of Radiant Earth Foundation. “And while satellite imagery offers a front row seat to humanity’s footprints, data alone doesn’t advance solutions. Our platform has been built by and for the development community, providing the best of today’s technology tools and insights to support the people who need it most—from a refugee camp in Myanmar to a small island nation in the Pacific.”

During its beta phase, Radiant Earth Foundation served more than 100 organizations including the World Bank and Catholic Relief Services and developed use cases that will be available to the public at large. The platform’s open API also allows users to integrate non-imagery data, including air quality, population, and weather statistics.

“I’ve been using drones to help low-income farmers across Botswana analyze crops, but I struggled with incomplete data, let alone data storage,” said Mmoloki Morapedi, a 2017 Mandela Fellow who uses Radiant Earth Foundation’s platform in his work as a drone designer, pilot, and analyst. “The platform allows me to streamline my drone data and help farmers better understand when and where to plant their crops—ultimately increasing their potential revenue and reducing food insecurity in Botswana.”

With funding from Omidyar Network and the Bill & Melinda Gates Foundation, Radiant Earth Foundation serves as a neutral, not-for-profit organization helping the growing satellite imagery industry balance bottom lines and higher purpose.

“The opportunity to create positive change through Earth observation data has never been greater,” said Peter Rabley, venture partner at Omidyar Network. “Radiant Earth Foundation is truly democratizing access to and use of satellite imagery, bringing clarity to an industry that has been confusing and costly for the global development community. The platform has the potential to spark solutions for some of society’s most entrenched issues—from rapid, unchecked urbanization to environmental degradation and more.”

Radiant Earth Foundation’s platform is now available to the public at app.radiant.earth through secure self sign-up or integrated social sign-on via Twitter, Facebook, GitHub, or Google accounts. Radiant Earth Foundation will host a webinar on September 26, 2018, at 11 a.m. EDT to demonstrate the platform’s unique features to users. To attend the webinar, please register here: http://bit.ly/REFPlatformWebinar.

About Radiant Earth Foundation
Founded in 2016, Radiant Earth Foundation (formerly Radiant.Earth) is a nonprofit organization committed to aggregating the world’s open Earth imagery and providing access and education on its use to the global development community. Radiant Earth Foundation’s open technology platform helps people discover and analyze the vast resources of Earth imagery, improving decision-making and fueling new solutions, discoveries, and innovations for society. Radiant Earth Foundation also offers a robust, integrated community development program to guide people in the use of Earth imagery, geospatial data sets, and tools. Visit us on Twitter, LinkedIn, Facebook, Instagram, Medium, and GitHub.

Media Contact:
Louisa Nakanuku-Diggs
Louisa@radiant.earth
+1.202.596.3603

PIMCO Hires John Studzinski as Managing Director and Vice Chairman of PIMCO in its Executive Office

  • Mr. Studzinski will take a leading role in PIMCO’s expanding global strategy.  
  • He will serve as a key advisor to the firm’s top clients globally alongside the client management teams and senior leadership.
  • He brings to PIMCO more than 30 years of experience as a deeply trusted financial advisor to leaders in business, finance, government and NGOs around the world.
  • He served as Vice-Chairman at Blackstone Group, Deputy Chairman of Morgan Stanley International and on HSBC’s Group Management Board.
  • Mr. Studzinski has worked tirelessly in support of humanitarian causes that defend the rights and dignity of individuals globally.

NEWPORT BEACH, Calif., Sept. 05, 2018 (GLOBE NEWSWIRE) — PIMCO, one of the world’s premier fixed income investment managers, has hired John Studzinski as Managing Director and Vice Chairman of PIMCO in its Executive Office. Mr. Studzinski, who has spent most of his career working in Asia and Europe, brings to PIMCO 30 years of experience as a trusted financial and strategic advisor who has forged deep bonds among the world’s leaders in business, finance, government and NGOs. He will be based in PIMCO’s New York office and will report to Emmanuel Roman, PIMCO’s Chief Executive Officer.

In what is a new role for the firm, Mr. Studzinski will bring to bear his extensive international knowledge and network to help support and advance PIMCO’s global strategy as well as serve as a key strategic advisor to many of PIMCO’s top clients around the world, including public and private pension funds, corporations, sovereign wealth funds, single-family offices, governments, foundations, and many others. He will work closely with PIMCO’s Client Management teams and the firm’s senior leadership including Tom Otterbein, Head of PIMCO’s Institutional Client Management Group in the Americas, Craig Dawson, Head of PIMCO Europe, Middle East and Africa, and Kim Stafford, Head of PIMCO Asia-Pacific.

“I have known John personally and professionally for 20 years and have huge admiration for his enviable breadth of experience, expertise, integrity, wisdom and relationships. He’s a true statesman in the world of global finance,” said Mr. Roman. “Offering our clients insightful advice is one of PIMCO’s most enduring values. John’s unique, powerful perspective and experience — combined with our outstanding client management leadership and teams — will prove invaluable as we continue to expand our global business.”

“I have long had enormous respect and admiration for PIMCO’s investment acumen, steady client focus and the vital role it plays in the world’s economy,” said Mr. Studzinski. “I am very excited about PIMCO’s momentum under Manny and Dan’s leadership and look forward to contributing to the firm’s continued progress and success.”

About John Studzinski

Prior to joining PIMCO, Mr. Studzinski was Vice Chairman, Investor Relations and Business Development and Senior Managing Director of Blackstone Group, overseeing sovereign and institutional investor relationships and advising large, influential pools of family capital on investment strategy. He also served as head of European Investment Banking at Morgan Stanley and Deputy Chairman of Morgan Stanley International and was instrumental in HSBC Group’s buildout of its investment banking division, where he was also on the bank’s Group Management Board.

In addition to his career in finance, Mr. Studzinski has worked tirelessly in support of humanitarian causes that defend the rights and dignity of every individual. He is Chair of the U.K. Prime Minister’s Business Against Modern Slavery initiative, the Co-Founder and Chair of the Arise Foundation, which partners with local networks to stop human trafficking, and is Vice-Chair Emeritus of Human Rights Watch. He is also founder and Chairman of the Genesis Foundation, a U.K.-based charitable foundation that nurtures the careers of outstanding young artists.

Mr. Studzinski also holds the Papal honors of Knight of the Order of St. Gregory and Knight Commander of Saint Sylvester and was named in the 2008 Queen’s New Year’s Honours List as Commander of the British Empire (CBE) for services to the Arts and Charity.

About PIMCO 

PIMCO is one of the world’s premier fixed income investment managers. With our launch in 1971 in Newport Beach, California, PIMCO introduced investors to a total return approach to fixed income investing. In the 45+ years since, we have continued to bring innovation and expertise to our partnership with clients seeking the best investment solutions. Today we have offices across the globe and 2,150+ professionals united by a single purpose: creating opportunities for investors in every environment. PIMCO is owned by Allianz S.E., a leading global diversified financial services provider.

Except for the historical information and discussions contained herein, statements contained in this news release constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements may involve a number of risks, uncertainties and other factors that could cause actual results to differ materially, including the performance of financial markets, the investment performance of PIMCO’s sponsored investment products and separately managed accounts, general economic conditions, future acquisitions, competitive conditions and government regulations, including changes in tax laws. Readers should carefully consider such factors. Further, such forward-looking statements speak only on the date at which such statements are made. PIMCO undertakes no obligation to update any forward-looking statements to reflect events or circumstances after the date of such statements.

Contact:
Michael Reid
PIMCO – Media Relations
Ph. 212-597-1301
Michael.Reid@pimco.com

ATPCO And Blockskye Proof of Concept Explores Application of Blockchain in Airline Offer Management

DULLES, Va., Sept. 05, 2018 (GLOBE NEWSWIRE) — ATPCO and Blockskye today released a whitepaper describing the key features of blockchain and its applicability to airline distribution. In addition, the companies, along with SITA, announced a proof of concept (POC) on blockchain and how it could potentially be utilized in next-generation airline offer management. As part of this POC, ATPCO, Blockskye, and SITA are advancing a discussion on how the industry might create value for the market using decentralized airline offer generation based on International Air Transport Association’s (IATA) New Distribution Capability (NDC) and ONE Order initiatives. The concept would enable airline and channel partners to handle the exponentially increasing volumes of data accurately and securely. The POC leverages NDC Exchange, built by ATPCO and SITA, because it is a neutral platform that facilitates real-time connectivity, on SITA’s global IT infrastructure, between airlines and travel sellers so that they can exchange messages easily and cost-effectively.

As airlines and sellers deliver greater value and choice through NDC, it becomes increasingly important for offers to be consistently and accurately managed. NDC Exchange provides the ability to seamlessly integrate fulfilment and data sources from shopping through settlement across all actors in the value chain. The POC will explore augmenting NDC Exchange with blockchain technology, providing a trusted and secure offer authority that can reduce integration costs and transaction risk for airlines and sellers alike.

“Blockchain is an undeniable transformative force. With the support of Blockskye, we wanted to ask the question, ‘How could this technology be implemented to support the future-state airline distribution ecosystem, and where can ATPCO add industry value?’” said Head of ATPCO Research & Development Gianni Cataldo. “The concept of a persistent offer managed by a neutral authority addresses many of the coming challenges of direct distribution. We hope this paper spurs discussion on how technology can drive paradigm shifts and in turn lead to industry alignment,” he continued.

“The travel ecosystem has been searching for a way to engage NDC, build a dynamic marketplace, and empower airlines — blockchain changes the game on all of these,” said Blockskye CEO & Co-Founder Brook Armstrong.

For further information contact:

Michael Mazzocco
Corporate Communications Strategist
ATPCO
Office: +1 703 661 7503
Email: mmazzocco@atpco.net

Notes to Editors:

About ATPCO

Uniquely positioned at the center of the airline distribution ecosystem, ATPCO enables seamless management of the airfare data that makes our entire industry run more efficiently. We hold more than 189.6 million fares for 439 airlines in 160 countries and manage an average of 5.3 million daily fare changes. Because ATPCO is owned by airlines, we serve as a neutral and trusted partner for our airlines with travel agencies, search engines, global distribution systems, governments, and many other industry partners. Every day, these organizations rely on our thought leadership and portfolio of technology and data solutions to help millions of travelers get where they need to go. Learn more about us at atpco.net.

 About Blockskye

Blockskye is the founding travel member of the Enterprise Ethereum Alliance. We develop on STRATO with BlockApps, the leading provider of enterprise solutions in Ethereum. Our solutions are custom, scalable, and designed for integration across the Ethereum ecosystem.

ATPCO And Blockskye Proof of Concept Explores Application of Blockchain in Airline Offer Management

DULLES, Va., Sept. 05, 2018 (GLOBE NEWSWIRE) — ATPCO and Blockskye today released a whitepaper describing the key features of blockchain and its applicability to airline distribution. In addition, the companies, along with SITA, announced a proof of concept (POC) on blockchain and how it could potentially be utilized in next-generation airline offer management. As part of this POC, ATPCO, Blockskye, and SITA are advancing a discussion on how the industry might create value for the market using decentralized airline offer generation based on International Air Transport Association’s (IATA) New Distribution Capability (NDC) and ONE Order initiatives. The concept would enable airline and channel partners to handle the exponentially increasing volumes of data accurately and securely. The POC leverages NDC Exchange, built by ATPCO and SITA, because it is a neutral platform that facilitates real-time connectivity, on SITA’s global IT infrastructure, between airlines and travel sellers so that they can exchange messages easily and cost-effectively.

As airlines and sellers deliver greater value and choice through NDC, it becomes increasingly important for offers to be consistently and accurately managed. NDC Exchange provides the ability to seamlessly integrate fulfilment and data sources from shopping through settlement across all actors in the value chain. The POC will explore augmenting NDC Exchange with blockchain technology, providing a trusted and secure offer authority that can reduce integration costs and transaction risk for airlines and sellers alike.

“Blockchain is an undeniable transformative force. With the support of Blockskye, we wanted to ask the question, ‘How could this technology be implemented to support the future-state airline distribution ecosystem, and where can ATPCO add industry value?’” said Head of ATPCO Research & Development Gianni Cataldo. “The concept of a persistent offer managed by a neutral authority addresses many of the coming challenges of direct distribution. We hope this paper spurs discussion on how technology can drive paradigm shifts and in turn lead to industry alignment,” he continued.

“The travel ecosystem has been searching for a way to engage NDC, build a dynamic marketplace, and empower airlines — blockchain changes the game on all of these,” said Blockskye CEO & Co-Founder Brook Armstrong.

For further information contact:

Michael Mazzocco
Corporate Communications Strategist
ATPCO
Office: +1 703 661 7503
Email: mmazzocco@atpco.net

Notes to Editors:

About ATPCO

Uniquely positioned at the center of the airline distribution ecosystem, ATPCO enables seamless management of the airfare data that makes our entire industry run more efficiently. We hold more than 189.6 million fares for 439 airlines in 160 countries and manage an average of 5.3 million daily fare changes. Because ATPCO is owned by airlines, we serve as a neutral and trusted partner for our airlines with travel agencies, search engines, global distribution systems, governments, and many other industry partners. Every day, these organizations rely on our thought leadership and portfolio of technology and data solutions to help millions of travelers get where they need to go. Learn more about us at atpco.net.

 About Blockskye

Blockskye is the founding travel member of the Enterprise Ethereum Alliance. We develop on STRATO with BlockApps, the leading provider of enterprise solutions in Ethereum. Our solutions are custom, scalable, and designed for integration across the Ethereum ecosystem.