Tag Archive : Accelerates

/ Accelerates

By Kate Holton

LONDON (Reuters) – The outgoing boss of Pearson hailed the wisdom of his lengthy and often painful battle to rebuild the education group for a digital generation on Wednesday after COVID-19 accelerated the switch to online learning.

John Fallon, who issued a string of profit warnings as students moved from expensive textbooks to digital learning, said the company would not have been able to cope with the rapid shift online during the pandemic had it not previously prepared.

While group sales fell in the first nine months due to cancelled tests and closed schools, global online learning jumped 32% in the third quarter.

Fallon said while he “owned” the profit downgrades and the shareprice drop – falling more than 50% during his tenure – he said he had also earned the right to ask where the company would be if he had not taken out costs and

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  • Alteia, a spin-off company from drone manufacturer Delair, has entered into a worldwide alliance with GE Digital to develop and market AI solutions for Power and Utilities as part of the GE Digital analytics software portfolio.

Alteia, the leader in Visual Intelligence for Enterprise, lands two major partnerships with GE Digital and Microsoft. The Alteia platform combines the best of computer vision and artificial intelligence (AI) technologies. It provides developers, data scientists, and business analysts one common and secure database for all of their visual data, enabling them to collaborate and rapidly develop, deploy and improve over time AI based applications. These alliances will allow customers to streamline the adoption of AI designed to address issues like inventory, energy management, predictive maintenance and equipment reliability.

Alteia enables GE Digital to introduce a Visual Intelligence Platform for utilities

With the combined expertise of GE Digital and Alteia’s platform, this alliance is

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