Fylamynt Cloud Automation Platform Launch

code automation platform

Cloud automation platform, Fylamynt, announced its launch on December 2nd, with $6.5 million in seed funding. With little to no code, the platform provides cloud secure capabilities for building, running, and analyzing automation workflows. Rather than attempting to replace similar platforms in this competitive field, Fylamynt is instead providing integration for numerous cloud platforms and code all in one space. The funding comes from Gradient Ventures, Mango Capital, and Point72 Ventures, among others.

With experience in web-scale and shipping infrastructures for both private and public cloud, and helping companies manage their cloud operations, cofounders, Dr. Pradeep Padala, Dr. Xiaoyun Zhu, and David Lee started Fylamynt in 2019. They wanted to resolve issues surrounding high operations costs due to application downtime and failures. These technical issues can cause enterprises up to $2.5 billion per year, or up to $1 million per hour. Fylamynt augments workflows with AI, which enables the connection of any code, including integrating code from Terraform and Ansible (two commonly used code software tools) with any infrastructure service through site reliability engineering (SRE). This means that you can connect and use codes and tools from multiple cloud services. For example, if you’re using a script from one platform and a template from another, Fylamynt integrates and connects them to create a fast and efficient infrastructure workflow build. Fylamynt also works on the top three cloud providers: Amazon Web Services, Google Cloud, and Microsoft Azure. 

Are you developing new tech? Did you know your R&D experiments could be eligible for the R&D Tax Credit and you can receive up to 14% back on your expenses? To find out more, please contact a Swanson Reed R&D Specialist today or check out our free online eligibility test.

Who We Are:

 

Swanson Reed is one of the U.S.’ largest Specialist R&D tax advisory firms. We manage all facets of the R&D tax credit program, from claim preparation and audit compliance to claim disputes. 

Swanson Reed regularly hosts free webinars and provides free IRS CE and CPE credits for CPA’s. For more information please visit us at www.swansonreed.com/webinars or contact your usual Swanson Reed representative.

Authentication Software Wins CyberSecurity Breakthrough Award

cybersecurity malware

LastPass MFA, a password management and authentication software for employee logins, has won this years’ “Multifactor Solution of the Year” award in the fourth annual CyberSecurity Breakthrough Awards program. The software goes beyond standard two-factor authentication, using biometric and contextual factors to better protect businesses, perfect for the working-from-home economy. 

The awards honor excellence and recognize the innovation, hard work and success in a range of information security categories, including Cloud Security, Threat Detection, Risk Management, Fraud Prevention, Mobile Security, and Email Security. CyberSecurity Breakthrough managing director James Johnson told GlobeNewswire, “There is a sensitive balance in play in today’s business environment, wherein a company’s remote workforce requires IT to ensure employees have access to the resources they need, but must maintain security throughout the business with no borders. LastPass MFA addresses this complexity, breaking through among other MFA providers with its ability to leverage biometric and contextual factors, while offering a passwordless, simple, and secure login experience.”

LastPass MFA

The software utilizes biometric factors (like fingerprint and facial recognition) as well as contextual factors (such as IP address and geolocation). Coupled with two-factor authentication, these allow employees to easily log in to necessary software, on computers or mobile devices. It’s deployable across cloud, legacy or on-premise apps, and VPNs, to integrate seamlessly with the business’ other tools or other password management software. Security is the main focus; password data is encrypted and decrypted at the device level, kept secret even from LastPass.

Boston-based software company LogMeIn developed LastPass MFA, with the aim of unlocking the potential of the modern workforce. The company is a pioneer in remote work technology and a driving force behind today’s work-from-anywhere movement, and one of the world’s largest SaaS companies with tens of millions of active users. 

Are you developing new software, products or inventions? Did you know your R&D experiments could be eligible for the R&D Tax Credit and you can receive up to 14% back on your expenses? To find out more, please contact a Swanson Reed R&D Specialist today or check out our free online eligibility test.

Who We Are:

Swanson Reed is one of the U.S.’s largest Specialist R&D tax advisory firms, offering tax credibility assessments, claim preparation, and advisory services. We manage all facets of the R&D tax credit program, from claim preparation and audit compliance to claim disputes.

Swanson Reed regularly hosts free webinars and provides free IRS CE and CPE credits for CPAs and CFPs. For more information please visit us at www.swansonreed.com/webinars or contact your usual Swanson Reed representative.

Medical Appointment Booking Software Wins Big at Kansas City Pure Pitch Rally

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Kansas-based software company SureShow was the top prize winner at the fifth annual Pure Pitch Rally. The startup develops software solutions that allow medical practices to take online bookings in the event of no-shows. It took home $20,500 + $5,000 Technology Blueprint Award from Artisan Technology Group.

SureShow’s application allows online patients to be put in a queue, so when a clinic has a last minute cancellation, the physician can perform a virtual consultation (via computer or mobile app). With 25% of appointments resulting in a no-show, this system helps practices meet their full earning potential, and gives patients more access to the care they need. It integrates with clinics’ existing software, and is HIPAA compliant. 

The company was one of eight tech startups that was invited to pitch and compete for funding at the Pure Pitch Rally, this year with a livestream audience. Each entrepreneur presented their ideas/company to ‘land sharks’, aka 88 CEOs and VIPs in the tech industry. 

As well as SureShow, the eight startups included:

  • PMI Rate Pro, a startup that provides fast quotes for private mortgage insurance, which won $24,000.  
  • Relay Trade Solutions, a company that connects all supply chain stakeholders for faster ordering, shipping and process, which won $10,000.
  • AgButler, a gig economy platform that provides job solutions to farmers and agricultural businesses, which won $9,000 + $3,000 People’s Choice Award funded by Lockton.
  • Air Traffic Awareness, an application to improve situational awareness for in-flight safety, which won $5,000.
  • Booth Browser, a mobile application company that helps vendors manage inventory and streamline transactions, which won $5,000.
  • NORDEF (AWA Technology), which streamlines processes in the automotive fluid industry, which won $5,000.
  • Plasmonic Diagnostics, a medical technology startup making diagnosing diseases faster and easier, which won $5,000.

Are you developing new tech? Did you know your R&D experiments could be eligible for the R&D Tax Credit and you can receive up to 14% back on your expenses? To find out more, please contact a Swanson Reed R&D Specialist today or check out our free online eligibility test.

Who We Are:

Swanson Reed is one of the U.S.’ largest Specialist R&D tax advisory firms. We manage all facets of the R&D tax credit program, from claim preparation and audit compliance to claim disputes. 

Swanson Reed regularly hosts free webinars and provides free IRS CE and CPE credits for CPA’s.  For more information please visit us at www.swansonreed.com/webinars or contact your usual Swanson Reed representative.

Natural Disaster Planning Software Helping Homeowners Across the U.S.

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On top of a global pandemic, millions of Americans have experienced wildfires, windstorms and hurricanes this year. Louisville-based tech startup WeatherCheck is making their lives easier, by building detailed models of natural disaster damage across the U.S. The company collects data from various sources (e.g. FEMA) and develops software models, to help individuals, mortgage lenders, corporations and insurers prepare for these natural disasters before they happen, and process claims much faster after damage occurs.

WeatherCheck’s team is made up of weather scientists, AI professors, climatologists, cloud computing engineers, and claims analysts. They’re the only company in the country providing the address-specific information owners require.

Before COVID-19 hit, WeatherCheck’s main offering was its subscription service. Customers would pay a fee, and can access damage reports for properties as well as a live monitoring tool for upcoming storms and/or hurricanes. But, as with many businesses, sales dropped when the public was told to shelter and stay home. So, the company shifted focus, developing a solution that allowed homeowners to file claims online.

In late August, a windstorm hit Iowa and more than 8,000 homes were damaged or destroyed, as COVID-19 case numbers rose in the state. WeatherCheck partnered with insurers to set aside $20 million in a recovery fund to help Iowans rebuild and also rolled out free access to its “Preferred” program, which helps users identify the best time to file a claim and get through the reconstruction process two times faster than they would by working directly with an insurance provider. Thanks to those efforts, homeowners affected by the storm were able to receive their recovery funds within 48 hours of filing a claim and start rebuilding immediately.

Are you developing new software, products or inventions? Did you know your R&D experiments could be eligible for the R&D Tax Credit and you can receive up to 14% back on your expenses? To find out more, please contact a Swanson Reed R&D Specialist today or check out our free online eligibility test.

Who We Are:

Swanson Reed is one of the U.S.’s largest Specialist R&D tax advisory firms, offering tax credibility assessments, claim preparation, and advisory services. We manage all facets of the R&D tax credit program, from claim preparation and audit compliance to claim disputes.

Swanson Reed regularly hosts free webinars and provides free IRS CE and CPE credits for CPAs and CFPs. For more information please visit us at www.swansonreed.com/webinars or contact your usual Swanson Reed representative.

Indiana Patent of the Month – September 2020

AI and R&D tax credit software

Indiana-based Biomet Manufacturing (Zimmer Biomet) is combining biology and technology with its patient-matched surgical navigation systems. The company received a patent for its software program, which recreates a three-dimensional model of a patient’s anatomy from a scanned image. Using this model, the system then develops a surgical component in the optimal shape, specific to the patient’s body and needs. 

Surgical navigation systems, also known as computer assisted surgery systems or image guided surgery systems, shows the real-time position of instruments and patient anatomical structures. They help surgeons to guide surgical instruments and implant medical devices. For example, surgical navigation systems are often used to measure the size and shape of a bone before creating a prosthetic implant. 

Typically, it uses a computer, with patient imaging from MRI, CT fluoroscopy. With Zimmer Biomet’s invention, the pre-operation scan is uploaded to the software. The program develops the three-dimensional model, on which it can locate and identify anatomical landmarks on the patient’s anatomy. These anatomical landmarks are then analyzed, with specific surgical information (i.e. about the surgery about to take place) and the software develops a prototype design of a surgical component that would best fit within the patient. A surgeon approves this design, and sends it to be developed, to then be used in surgery.

To better plan, track and navigate surgical instruments, tools and devices, surgeons often use tracking arrays, or reference arrays. Because Zimmer Biomet’s surgical components are custom-made, they can be manufactured with a reference array on the surface, again specific to the patient’s anatomy. So, when this piece is used/implanted, it assists the surgeon on where other anatomical landmarks are. This makes the surgery process easier to navigate, and therefore quicker and safer.  

Are you developing a new product or process? Did you know your R&D experiments could be eligible for the R&D Tax Credit and you can receive up to 14% back on your expenses? Even if your development isn’t successful your work may still qualify for R&D credits (i.e. you don’t need to have a patent to qualify). To find out more, please contact a Swanson Reed R&D Specialist today or check out our free online eligibility test.

Who we are:

Swanson Reed is one of the U.S.’ largest Specialist R&D tax advisory firms. We manage all facets of the R&D tax credit program, from claim preparation and audit compliance to claim disputes.

Swanson Reed regularly hosts free webinars and provides free IRS CE and CPE credits for CPAs.  For more information please visit us at www.swansonreed.com/webinars or contact your usual Swanson Reed representative.

Verizon has Launched a 5G Lab at the University of Illinois Research Park

digital map

Verizon has launched a new 5G innovation hub at the University of Illinois. It’s part of the company’s plan to utilize 5G technology in more real world applications. The ‘Verizon 5G Ultra Wideband’ service will explore how 5G can be used in machine learning, IoT, robotics, AI, guided vehicles, drones, VR, data analytics, and more. 

“Verizon 5G Ultra Wideband’s super-fast speeds, increased bandwidth and low latency can enhance applications for industries ranging from agriculture to manufacturing,” said Tami Erwin, EVP and CEO of Verizon Business. “The Research Park is an ideal location for our latest 5G Innovation Hub serving as an environment that cultivates startups, and inspires collaboration among various corporate partners and students to spur creativity and accelerate the innovation process.”

The Innovation Hub at the University of Illinois Research Park at Urbana-Champaign is home to more than 120 companies. It allows students, startups and tech employees to combine their knowledge and skills, to collaborate and develop innovations.

Verizon’s Illinois launch is part of the company’s larger plan to partner with enterprises, startups, universities, labs, and government, to explore how 5G can disrupt and transform industries. It has six 5G labs in the U.S., each specializing in exploring use cases in industries from healthcare to entertainment. For example, its Columbia University Lab is working on rehabilitation through VR. The 5G provides extremely low latency, meaning that two people can work together faster (e.g. a patient and a physician), or a person can view their own movements back in real time. One of Verizon’s New York Labs explores the future of retail, attempting to leverage 5G technology into smart wearable devices and augmented reality shopping apps. Another New York team looks at mobile and computer gaming, with 5G improving the processing power (e.g. faster rendering, less lag, better ability for graphics, etc).

Are you developing a new invention? Did you know your R&D experiments could be eligible for the R&D Tax Credit and you can receive up to 14% back on your expenses? To find out more, please contact a Swanson Reed R&D Specialist today or check out our free online eligibility test.

Who We Are:

Swanson Reed is one of the U.S.’s largest Specialist R&D tax advisory firms, offering tax credibility assessments, claim preparation, and advisory services. We manage all facets of the R&D tax credit program, from claim preparation and audit compliance to claim disputes.

Swanson Reed regularly hosts free webinars and provides free IRS CE and CPE credits for CPAs and CFPs. For more information please visit us at www.swansonreed.com/webinars or contact your usual Swanson Reed representative.

South Carolina Patent of the Month – August 2020

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Smartphones and smart devices have become increasingly popular ways to scan images, like barcodes, because of their highly functional camera technology and ubiquity. However, there are issues with focus and lighting; often, what should be a 5 second scan takes much longer. So, Honeywell, of Fort Mill, South Carolina, developed a system that can read barcodes while tracking the user’s eyes to identify what they may be looking for.

The Invention

The invention involves a processor coupled to two imaging systems: (1) to scan and provide visual display, and (2) for detecting a gaze of a user. It determines a gaze coordinate location (on the screen) and uses this location to start decoding a region of interest within the image.

So, the front facing camera is configured to find the user’s pupils, which are then tracked and used to calculate gaze coordinates. An eye gaze cursor graphic or “gaze zone coordinate” displays as a dot on the screen. The rear facing camera shows the image, and the processor maps this so that it may be separated into small locations/zones. The gaze zone coordinate is used as a starting point for the processor to decode the image, and also alerts the autofocus and autoexposure. As the gaze zone coordinate changes, the automatic focus area is updated, as is the auto-exposure/contrast of the image.

If there’s multiple barcodes, the system shows screen graphics to allow users to select a barcode. For each barcode there is an associated “gaze selection zone” (i.e. a graphic in each corner of the screen). The user’s gaze is monitored to see if it stays on the graphic or on the bounds of barcodes for a number of milliseconds. If so, that barcode is selected and returned to the processor. The user also has the option of selecting the barcode with their finger or via voice. 

The eye-gaze tracking will be available in the Honeywell SwiftDecoder.TM, a mobile barcode scanning application. The app provides a feature/plug-in where users can control the look and function of a scanning operation. This plug-in would have the ability to access the camera feeds from both the rear and front facing cameras.

Are you developing a new product or process? Did you know your R&D experiments could be eligible for the R&D Tax Credit and you can receive up to 14% back on your expenses? Even if your development isn’t successful your work may still qualify for R&D credits (i.e. you don’t need to have a patent to qualify). To find out more, please contact a Swanson Reed R&D Specialist today or check out our free online eligibility test.

Who We Are:

Swanson Reed is one of the U.S.’ largest Specialist R&D tax advisory firms. We manage all facets of the R&D tax credit program, from claim preparation and audit compliance to claim disputes.

Swanson Reed regularly hosts free webinars and provides free IRS CE and CPE credits for CPAs.  For more information please visit us at www.swansonreed.com/webinars or contact your usual Swanson Reed representative.

Strawberry farming robots are oh so sweet

Crops automated farming equipment

There is nothing nicer than biting into a sweet, ripe strawberry. But, on the flip side, it doesn’t sound pleasant having to stand in the sun and bend over all day to pick them. Here’s another brilliant chance for robots. And intelligent companies, like Advanced Farm Technologies, are grasping it.

The founders of Advanced Farm Technologies previously owned Greenbotics, a company using robots to service and wash solar panels. So, it’s clear they’re not afraid of new technology. In fact the company prides itself on using robots to improve costs and quality for customers, and improve conditions for workers. And, it’s not afraid to impress us with what these bots can do.

The tech team

The company’s strawberry harvesting robots, T-6s, have multiple robotic arms topped with soft grips, to delicately handle the berries. The grips are easy to clean and replace, designed with food safety in mind. The robots also help pick for picky eaters: the stems come off, meaning the berries are ready to eat now. On America’s West Coast, strawberries are harvested 70 times each season. Hence, Advanced Farm Technologies has its robot prototypes in Oxnard, Santa Maria and the Salinas-Watsonville regions.

And it’s not the first company to bring robots into agriculture. Harvest CROO Robotics is doing a similar thing. The Florida based company is revolutionizing the agriculture industry with its automatic harvester, Berry 5 (B5). The B5 is expected to be put to work next harvesting season. It’ll need workers to pack the berries for now, but the aim is to provide a fully autonomous process. Vision Robotics has developed a robot with the ability to thin lettuce, prune grapevines and weed unwanted areas. Soon, these robots will be a common sight. The autonomous, or self-driving, tracker market was worth $648.9 million in 2016, and is expected to hit $4,389.8 million in the next five years.

It’s not just robotics

The agriculture industry is getting smarter at using its data too. Tech startup agtools is helping farmers maximize their crop, by using AI tools to plan their harvest. It then works as a communication system: consumer trends and crop data > farmer > product data > retailers and buyers. Buyers are given information about market availability, surplus and pricing shifts. In between, shipping companies receive data and insights, helping them plan the most efficient timing and routes. The final product is a smart, connected supply chain.

Startups in the industry saw a 43% increase in funding from 2017 to 2018, and it’s not expected to stop any time soon.

Are you developing agriculturural robotics or technology? Did you know your work could be eligible for the R&D Tax Credit and you can receive up to 14% back on your expenses? To find out more, please contact a Swanson Reed R&D Specialist today or check out our free online eligibility test.

Who We Are:

Swanson Reed is one of the U.S.’s largest Specialist R&D tax advisory firms, offering tax credibility assessments, claim preparation, and advisory services. We manage all facets of the R&D tax credit program, from claim preparation & audit compliance to claim disputes. 

Swanson Reed regularly hosts free webinars and provides free IRS CE and CPE credits for CPA’s.  For more information please visit us at www.swansonreed.com/webinars or contact your usual Swanson Reed representative.

Tech in the construction industry is literally lifting the heavy workload

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SAM and MULE are two construction workers helping to build a new military barracks in Illinois. SAM lays a brick every 10 seconds, and MULE handles tools, stones and concrete panels up to 135 pounds. It’s the first time these two robots have been used in tandem. With them, New York based company Construction Robotics is redefining the construction industry.

SAM and MULE

Both robots were designed with a combination of conventional manufacturing principals and innovative technology. They’re specifically engineered to fit seamlessly into a worksite, collaborate with workers and other machines, and increase productivity. SAM (Semi-automated Mason) is solving the tedious task of bricklaying. Its claw-like metal arm extends from a cage, coordinating the ‘buttering’ and laying of bricks. SAMs use customized coding for each project, to lay bricks in complex pattern if needed. The moveable robot can lay bricks six times faster than conventional methods, and can lay up to 3,000 per day. MULE (Material Unit Lift Enhancer) is a lift assist device: a 12 foot arm designed to lift and maneuver heavy objects. It allows one person to move materials quickly and easily. When workers are fatigued, their productivity drops and their risk of injury increases – MULE solves both these problems.

More than 130 MULEs and 11 SAMs are used in worksites across the country, with many more in production. They have better speed and precision, taking away the ‘human error’ factor. And, they reduce waste: easier lifting means less dropping, chipping and damaging of materials.

Safety Concerns

Both machines provide construction companies with immense benefits – one major benefit being safety. In 2017, 20% of private industry deaths were in construction, from falls, electrocution, being struck by, or caught in between objects. These four issues correlated to almost 60% of industry fatalities; eliminating them would save 582 lives.

While the robots may not eliminate all deaths, they definitely help reduce the risk. With machines lifting and laying, there’s less need for workers to be balancing on tall structures or maneuvering themselves to fit pieces together, and less chance of them dropping blocks. And, the robots both have safety features built in. MULE is effectively hand-held, so when a person stops so does it. Although SAM is more autonomous, it has motion sensors that make the machine stop automatically when it detects contact with a person.

Technology in the Future of Construction

The construction industry isn’t known for its high-tech gadgets, instead it’s known for – excuse the pun – strong foundations which have continued through the years. However, it’s common these days to see 3D printed prototypes or visual design software used before the build has started. So, robotic technology on worksites is the next logical step.

Understandably, companies are cautious and construction workers are worried for their jobs. But, with the U.S. facing a major shortage of construction workers, innovative technology like robots is the only way forward.

Are you developing or working with robots? Did you know your R&D work could be eligible for the R&D Tax Credit and you can receive up to 14% back on your expenses? To find out more, please contact a Swanson Reed R&D Specialist today or check out our free online eligibility test.

Who We Are:

Swanson Reed is one of the U.S.’s largest Specialist R&D tax advisory firms, offering tax credibility assessments, claim preparation, and advisory services. We manage all facets of the R&D tax credit program, from claim preparation & audit compliance to claim disputes. 

Swanson Reed regularly hosts free webinars and provides free IRS CE and CPE credits for CPA’s.  For more information please visit us at www.swansonreed.com/webinars or contact your usual Swanson Reed representative.

Californians turn to a startup to check their air quality

climate change

During the California wildfires, air pollution was a major concern, and a crowd-sourced Utah startup became an unlikely hero. PurpleAir monitors air quality in real-time, thanks to a network of sensors across North America. The sensors sell for $179 to $259 and can be easily set up at a person’s home. They then link to Wi-Fi, and upload data to the cloud. This data is then displayed on the PurpleAir’s map; it’s popularity increased by 100-fold after California’s wildfire season began this year.

The United States Environmental Protection Agency (EPA) uses high-tech monitors to measure air quality. However, these monitors are expensive and sparsely spread around the country. They give residents an averaged idea of air pollution, but aren’t specific. And, in the case of the 2019 wildfires, some of the government monitors gave incorrect readings. In comparison, PurpleAir’s network includes thousands of sensors – 3000 in California alone. While they may not be as high-tech, their coverage gives a good indication of pollution in specific areas, and can help people instantly.

How do they work?

PurpleAir’s sensors use a fan to push air past a laser beam. Any particles in the air will reflect light onto a detection plate. This plate measures the reflection like a pulse; large particles make a long pulse, small particles make a quick pulse. Doing this, the sensor can count particles in sizes of 0.3 to 10μm (micrometers). Anything bigger than 10μm will get breathed in and trapped in the throat, while smaller particles will get inhaled and affect the lungs.

After monitoring the particle sizes, PurpleAir’s algorithm calculates the concentration of particle matter in the air. It measures PM10, PM2.5 and PM1.0. In context, PM2.5 is described as fine particles, and about 40 fine particles make up the width of human hair. These fine particles are actually more harmful than the larger, because they’re more likely to go deeper into the lungs.

The big-time hero had to start somewhere

The company started in 2015, when the founder, Adrian Dybwad, set out to measure dust from a gravel pit near his home. “I said to myself, it’s 2015, surely there must be a sensor that can tell me how much dust is in there,” Dybwad said. With a lack of affordable, accurate sensors and his background in computer networking and electronics, Dybwad started making his own. His community donated a few thousand dollars – enough for the area to have 80 sensors. “We didn’t set out to do better than the government’s own monitoring, we set out to satisfy our own curiosity,” he said.

But, more and more people are turning to PurpleAir’s monitors. In November 2018, PurpleAir moved out of Dybwad’s house and into a full-time workshop, where production continues to increase. In July 2019, a PurpleAir sensor was installed at its highest altitude: on the side of a small astronomy dome in California’s White Mountains, at approximately 13,000 feet.

Are you developing technology to improve shared data or help people know about their environment? Did you know your work could be eligible for the R&D Tax Credit and you can receive up to 14% back on your expenses? To find out more, please contact a Swanson Reed R&D Specialist today or check out our free online eligibility test.

Who We Are:

Swanson Reed is one of the U.S.’s largest Specialist R&D tax advisory firms, offering tax credibility assessments, claim preparation, and advisory services. We manage all facets of the R&D tax credit program, from claim preparation & audit compliance to claim disputes. 

Swanson Reed regularly hosts free webinars and provides free IRS CE and CPE credits for CPA’s.  For more information please visit us at www.swansonreed.com/webinars or contact your usual Swanson Reed representative.