Safehub’s Building Sensors Give Companies Peace of Mind After 5.1 Earthquake in San Jose
Safehub Sensor
Scalable sensor & IoT solution, providing building-specific damage estimates after an earthquake.
Late Tuesday morning, a 5.1 magnitude earthquake occurred near San Jose, California, that could be felt by many. For businesses and organizations, major earthquakes pose complex questions that need immediate answers to ensure employee safety and resume business operations.
Safehub, a technology company that produces scalable, IoT building-specific sensors, recently hosted a webinar entitled "Can Building Shaking Sensors Prevent Future Tragedies?" that discussed how the lack of information has caused tragic losses after past earthquakes, and how we can reduce future uncertainty in estimating building vulnerability. Included in the presentation, were guest speakers from the Global Earthquake Model (GEM) Foundation, a global public-private partnership organization that is improving the state of practice of earthquake hazard and risk assessment through the development of open global databases, models and tools, and improving stakeholder capacity for risk assessment, providing the public with data on earthquake hazard and risk around the world.
For earthquakes like Tuesday's, most organizations traditionally rely on public data, seismic maps calculated from the earthquake's magnitude and the distance from it, to make their own business continuity decisions. If an earthquake is significant enough or some physical damage can be seen, structural engineers may be called in to do visual inspections as well. The damage estimates are not exact, but it was the best information organizations had about structural integrity — until now.
Building IoT Sensors Can Reduce Damage Error Estimates by 60%
According to GEM's Seismic Risk Coordinator Vitor Silva, organizations have been relying on earthquake magnitude and distance from the epicenter as one of the main data sources for post-earthquake decision-making for far too long. Now, thanks to new building-specific sensor solutions that can provide sensor and elongation data about damage to buildings that could not otherwise be detected, we can make more informed decisions.
Following destructive events, ground shaking or dynamic data provided by sensors can significantly reduce the bias and estimation of error by more than 60 percent. In fact, recent studies covering building damage from Spain show that, in some instances, minor damage cannot be detected in buildings without sensors. For building portfolios, the integration of sensors, like Safehub's, in even a few buildings can dramatically improve the ability to assess potential losses.
Silva provided illustrations of massive losses that have been incurred across the globe from past earthquake events. One important example near Christchurch, New Zealand, demonstrated how, even after a post-earthquake inspection, a building still collapsed and more than 100 people that reoccupied it were killed.
Silva points out that there may have been some damage to the building that could not have been visible during the inspection. For example, some structural damage could be hidden behind non-structural elements. Sensor data indicating clear changes in the dynamic properties of the building could possibly have supported engineers and decision-makers about whether a more detailed inspection of the building was required.
Safehub's Mission: Reducing Error & Increasing Safety After Earthquakes
After Tuesday's earthquake, Safehub's current clients received alerts, analytics, and damage estimates within minutes of the event, most of which received it before any public alerts. These types of alerts and building-specific data enable its clients, including Fortune 100 companies, Top 100 REITs, government buildings, hospitals, and educational institutes, to reduce potential error in decision-making following earthquakes, increasing safety and decreasing business interruption.
"Today's earthquake definitely triggered some questions from my team, so the notifications were timely & helpful to reassure everyone," stated a Safehub client shortly after the shake.
Safehub's mission is to help make the world safer and more resilient from natural disasters by connecting building-specific risk information with portfolio-level decision-making. That means connecting the risk and damage of the building at the asset level and aggregating that at a portfolio level — so that critical decisions around safety, crisis management, business continuity, and even insurance can be made.
To learn more about Safehub's catastrophe risk management solution, visit www.safehub.io.
Contact Information:
Donna Smith
Director of Marketing
[email protected]
5852331129
Taka Yokoyama
VP of Operations
[email protected]
503-465-4575
Andy Thompson
Co-Founder & CEO
[email protected]
4157949094
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Original Source: Safehub's Building Sensors Give Companies Peace of Mind After 5.1 Earthquake in San Jose
TruChoice’s Second Annual 5K Benefits the Gary Sinise Foundation
MINNEAPOLIS - October 20, 2022 - (Newswire.com)
On Oct. 7, 2022, employees of TruChoice Financial Group, LLC (TruChoice), one of the largest distributors of insurance products in the financial services industry, participated in a virtual 5K event to raise money for the Gary Sinise Foundation, whose mission is to serve our nation by honoring our defenders, veterans, first responders, their families, and those in need.
The second annual TruEngagement 5K was part of TruChoice's ongoing commitment to community involvement. To participate in the virtual event, 64 employees received the afternoon off to complete the run/walk. They were joined by 16 family members, and together the 80 participants raised $3,500 for the Gary Sinise Foundation, the organization selected to receive this year's funds by an employee vote. "After a successful event last year, we were excited to see more participation and more money raised this year. Many of our employees already volunteer in their local communities, and it's exciting for us to be able to harness that energy and hold coordinated events that allow them to work toward a common goal while spread across the country," said Casey Long, marketing specialist and chairperson of the TruEngagement Employee Committee at TruChoice.
TruChoice's TruEngagement Employee Committee was formed in 2021 in part to help coordinate employees' efforts to give back to their communities. In addition to the TruEngagement 5K and other company-wide events planned in the future, each TruChoice employee is also given a yearly V8 Volunteer Day to take a day off (in addition to annual paid leave) to volunteer in their community. "It's exciting to be part of a company that is not only committed to encouraging community involvement among employees, but one that is also full of employees who consistently answer the call to serve," said Long.
For more information about the Gary Sinise Foundation, visit www.garysinisefoundation.org.
To learn more about TruChoice, visit www.TruChoiceFinancial.com, or call 800.237.0263. TruChoice Financial can also be followed on LinkedIn, Twitter, and Facebook.
Contact Information:
Chris Cowan
Sr. Communications/Production Specialist
[email protected]
(678) 718-1951
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Original Source: TruChoice's Second Annual 5K Benefits the Gary Sinise Foundation
WeSky Launches World’s Lightest 60W USB In-Seat Power Solution Boosting Commercial Aviation Efficiency
The ever increasing processing power of Personal Electronic Devices (PED) requires high-capacity batteries that in turn requires fast charging solutions. Existing onboard high power charging solutions on the market are heavy preventing airlines from choosing these systems due to weight budget constraints. WeSky engineers have created a smart USB in-seat fast charging product that is the lightest on the market.
"Our new recharge™️ product is an efficient 60W USB in-seat charging solution, that weighs 70% less than current available products, yet has rapid charging. It brings many benefits to commercial airlines including a reduction in fuel consumption which also has benefits for the environment," said WeSky Founder and CEO Vytis Petrusevicius.
"Based on our current sales activities and request for proposals we are forecasting and already negotiating orders for over 20 million USD in revenue of recharge™️ in-seat power systems within next 24 months," said Marius Barcas, Head of Sales.
WeSky recently secured additional funding from US based Notarc Investment Partners in order to ramp up production of its current product line while also expanding research and development of new avionics equipment.
"These are the kind of ventures that fit with our sustainable investment mandate and which have an immediate positive impact on the environment, industry and end user. Legacy businesses and industries must continue to evolve and innovate and we have a responsibility as investors to help speed up innovation and to do our part to support such ventures," said Leslie C. Bethel, CEO of Notarc Management Group and recently appointed WeSky Board Member.
About WeSky
Among many avionics innovations, WeSky develops a smart USB in-seat power solution called recharge™️ that allow commercial airlines to provide enhanced in-flight experiences and operating efficiency through lowering aircraft weight and fuel consumption.
The aviation and commercial airline industry like many other transport businesses are challenged with lowering their extensive carbon footprint. WeSky was founded on the sole principle of developing aviation technology and innovation in electronics which can have a positive impact on operational efficiency while also helping legacy industries make immediate progress toward attaining their sustainable goals which is critical to our planet and survival.
The recharge™️ is the world's lightest and most compact 60W USB in-seat power solution, with the same weight as 15W USB charging solutions currently on the market.
WeSky is EASA approved Part 21J Design Organisation with in-house avionics systems development, certification and integration design capabilities.
For more information, visit https://www.wesky.aero/recharge
About Notarc Investment Partners
Notarc Investment Partners is an affiliate of Notarc Management Group, comprised of leading investment and asset management professionals in The UK, Europe, Panama, Asia, The Bahamas, and The United States. As an advisory and private equity firm, Notarc Management Group focuses on opportunities in real estate, hospitality, technology, logistics and infrastructure with an expanding portfolio in The Americas.
In addition to capital, Notarc brings know-how, managerial oversight, and a network of operators and funders with a particular expertise in infrastructure, government and public policy. Notarc aligns with sovereign wealth funds, venture and private equity firms, and global family offices to invest capital via its various opportunity funds and SPVs.
For more information, visit www.notarc.com.
***
For more information contact:
Vytis Petrusevicius
Founder and Head of Product Design
WeSky UAB
[email protected]
+44 (0) 77 217 18545
Website: https://www.wesky.aero/recharge
Contact Information:
Vytis Petrusevicius
Founder and Head of Product Design
[email protected]
+447721718545
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WeSky Press Release 19.10.2022 vFinal.pdf
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Original Source: WeSky Launches World's Lightest 60W USB In-Seat Power Solution Boosting Commercial Aviation Efficiency
