IBM and The Climate Service to Work Together with Financial Institutions and Corporations to Assess the Cost of Climate Risk | News

ARMONK, N.Y. and DURHAM, N.C., Oct. 14, 2020 /PRNewswire/ — IBM (NYSE: IBM) and The Climate Service (TCS), a leader in climate risk analytics for investors and businesses, today announced their alliance to work with financial institutions and corporations to better measure and quantify risks associated with climate change. As part of the alliance, the companies are now making the TCS Climanomics® software platform available via Red Hat OpenShift on IBM Cloud.

This alliance between IBM and TCS makes TCS’s advanced science available with enterprise-grade levels of scalability, availability, security, and interoperability. The companies are working together to help organizations put a price on climate risk and facilitate reporting consistent with the Task Force on Climate-Related Financial Disclosures (TCFD) framework.

The alliance will also leverage the experience of IBM Services in financial risk, analytics, weather risk, and compliance, to use the Climanomics® platform to provide climate risk analytics to

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IBM and The Climate Service to Work Together with Financial Institutions and Corporations to Assess the Cost of Climate Risk

ARMONK, N.Y. and DURHAM, N.C., Oct. 14, 2020 /PRNewswire/ — IBM (NYSE: IBM ) and The Climate Service (TCS), a leader in climate risk analytics for investors and businesses, today announced their alliance to work with financial institutions and corporations to better measure and quantify risks associated with climate change. As part of the alliance, the companies are now making the TCS Climanomics® software platform available via Red Hat OpenShift on IBM Cloud.

This alliance between IBM and TCS makes TCS’s advanced science available with enterprise-grade levels of scalability, availability, security, and interoperability. The companies are working together to help organizations put a price on climate risk and facilitate reporting consistent with the Task Force on Climate-Related Financial Disclosures (TCFD) framework.

The alliance will also leverage the experience of IBM Services in financial risk, analytics, weather risk, and compliance, to use the Climanomics® platform to provide climate risk analytics to

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Global Cloud Gaming Market will Showcase Positive Impact During 2020-2024 | Cost Savings and Quick Onboarding to Boost Market Growth

Technavio has been monitoring the global cloud gaming market size and it is poised to grow by USD 2.75 billion during 2020-2024, progressing at a CAGR of over 29% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201012005525/en/

Technavio has announced its latest market research report titled Global Cloud Gaming Market 2020-2024 (Graphic: Business Wire)

Technavio’s in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. Download Latest Free Sample Report on COVID-19 Analysis

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Alphabet Inc., Apple Inc., International Business Machines Corp., LiquidSky Software Inc., Microsoft Corp., NVIDIA Corp., PLAYGIGA SL, Samsung Electronics Co. Ltd., Sony Corp., and

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SAP users face cost squeeze, pressure to digitalise: survey

By Douglas Busvine

BERLIN (Reuters) – The customers of software group SAP <SAPG.DE> are suffering severe declines in revenue and earnings while at the same time facing intensifying pressure to hike IT spending to go digital, a survey showed on Monday.

The poll of SAP’s German-speaking user community found that nearly three-quarters were experiencing sharp drops in revenue. At the same time, over four-fifths said the coronavirus pandemic made digital transformation a more pressing task.

“At the centre of this crisis is the need for businesses to do more with less,” said Marco Lenck, chairman of the German-speaking DSAG user group that commissioned the survey.

The DSAG, which represents 3,700 businesses, is an influential lobby that has called on SAP to make it easier to upgrade systems traditionally hosted on site to run in remote datacentres.

Such cloud hosting makes it easier for firms to scale up or pare back

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Low cost and ease of manufacturing allow for wide application in developing countries — ScienceDaily

Electrical engineers, computer scientists and biomedical engineers at the University of California, Irvine have created a new lab-on-a-chip that can help study tumor heterogeneity to reduce resistance to cancer therapies.

In a paper published today in Advanced Biosystems, the researchers describe how they combined artificial intelligence, microfluidics and nanoparticle inkjet printing in a device that enables the examination and differentiation of cancers and healthy tissues at the single-cell level.

“Cancer cell and tumor heterogeneity can lead to increased therapeutic resistance and inconsistent outcomes for different patients,” said lead author Kushal Joshi, a former UCI graduate student in biomedical engineering. The team’s novel biochip addresses this problem by allowing precise characterization of a variety of cancer cells from a sample.

“Single-cell analysis is essential to identify and classify cancer types and study cellular heterogeneity. It’s necessary to understand tumor initiation, progression and metastasis in order to design better cancer treatment

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Tencent Stock Options Cost a Fortune and Traders Love Them

(Bloomberg) — Caught off guard by Tencent Holdings Ltd.’s record-breaking rally earlier this year, Hong Kong’s stock investors are getting well prepared for the next one.

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For about two months, options traders have consistently shelled out more for bullish three-month contracts on the stock than they’re willing to pay for those protecting against losses, according to data compiled by Bloomberg. That’s kept Tencent’s so-called volatility skew below zero, an unusual quirk for a market that typically sees traders pay more for downside protection than upside speculation.

There are now almost 1.1 million outstanding options on Tencent, outnumbering those on the Hang Seng Index by more than 4-to-1. The demand for the derivatives mirrors a trend in the U.S., where volume in single-stock options exploded this year and helped underpin the rally in technology shares.

How Tech Options Juiced the U.S. Stock Market: QuickTake

The world’s eighth most valuable

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Decent living for all does not have to cost the Earth — ScienceDaily

Global energy consumption in 2050 could be reduced to the levels of the 1960s and still provide a decent standard of living for a population three times larger, according to a new study.

The study led by the University of Leeds has estimated the energy resource needed for everyone to be provided decent living standards in 2050 — meaning all their basic human needs such as shelter, mobility, food and hygiene are met, while also having access to modern, high quality healthcare, education and information technology.

The findings, published in in the journal Global Environmental Change, reveal that decent living standards could be provided to the entire global population of 10 billion that is expected to be reached by 2050, for less than 40% of today’s global energy. This is roughly 25% of that forecast by the International Energy Agency if current trends continue.

This level of global energy

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‘Godfall’ On PS5 Will Cost $70, And It’s Looking Like This Is How Things Are Going To Go

Yesterday, Counterplay Games and Gearbox released pricing detailing on their upcoming PS5 exclusive Godfall. Normally, this wouldn’t have been major news, because the price of a new AAA game has been stable for years. But change is in the air, and Godfall will come in at $69.99 for its standard edition, following Sony and other publishers in what is likely to be a permanent move to $70 as a standard price for a next-gen AAA games.

This was bound to happen once Sony announced its pricing for next-gen exclusives, in essence giving publishers like Gearbox permission to tick their prices up as well. reason for publishers raising the price of these games is, on one level, simple: because they can. They believe that people will still buy and play these games in relatively equivalent numbers if they cost $10 more, and that any potential losses will be

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Genetic testing cost effective for newly diagnosed GIST — ScienceDaily

Because gastrointestinal stromal tumors (GIST) are sensitive to the targeted small molecule therapy imatinib, oncologists tend to treat all patients with metastatic GIST with this drug. However, because this rare type of cancer is caused by different genetic mutations, imatinib does not help all patients equally.

To determine whose cancer may be most responsive, the National Comprehensive Cancer Network suggests that patients undergo genetic testing to identify each individuals’ tumor mutations. And yet, only 30 percent of patients have genetic testing at the time of diagnosis, likely due to concerns over cost and utility of testing, said Jason Sicklick, MD, professor of surgery in the Division of Surgical Oncology at University of California San Diego School of Medicine.

“We recommend that all patients with a new diagnosis of metastatic GIST undergo genetic testing prior to the initiation of first-line chemotherapy,” said Sicklick, surgical oncologist and co-leader of the Sarcoma Disease

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AI technology can predict vanadium flow battery performance and cost

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IMAGE: Cost, performance prediction and optimization of a vanadium flow battery using machine learning
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Credit: LI Tianyu

Vanadium flow batteries (VFBs) are promising for stationary large-scale energy storage due to their high safety, long cycle life, and high efficiency.

The cost of a VFB system mainly depends on the VFB stack, electrolyte, and control system. Developing a VFB stack from lab to industrial scale can take years of experiments due to complex factors, from key materials to battery architecture.

Novel methods to accurately predict the performance and cost of a VFB stack and further system are needed in order to accelerate the commercialization of VFBs.

Recently, a research team led by Prof. LI Xianfeng from the Dalian Institute of Chemical Physics (DICP) of the Chinese Academy of Sciences proposed a machine learning-based strategy to predict and optimize the performance and cost of VFBs.

“We use AI technology to

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