Latest news with #Radix

RNZ News
3 days ago
- Business
- RNZ News
Waikato food-tech company Radix putting science into breakfast
food technology 39 minutes ago They say breakfast is the most important meal of the day, but a Waikato food-tech company is taking it a step further. Radix was founded in 2013 with an aim to create nutrient-dense meals packed with 80-plus vitamins and minerals that could be ready in minutes with a bit of hot water. The light-weight freeze-dried meals were great for adventure travel or outdoor activities, and the company also looked to the sports market with whey protein powders and smoothies, and its ultra range - designed for those with high-energy needs. They've now launched a breakfast range. Kathryn is joined by Radix founder Mike Rudling to hear about the science and tech that feeds into the company's products.


AsiaOne
30-06-2025
- AsiaOne
Swiss government says it was affected by cyberattack on health foundation, World News
FRANKFURT — Switzerland said on Monday (June 30) that a cyberattack on the non-profit health foundation Radix that involved data being stolen and encrypted had also affected the federal administration. In a statement, Swiss federal authorities said that Radix's customers include various federal offices and that data have been published on the dark web in the wake of the attack, without specifying the data. Authorities are trying to determine the specific units and data affected by the attack, the statement said, adding that the attackers did not break directly into state-run data systems. [[nid:718696]]


Al Etihad
30-06-2025
- Al Etihad
Swiss government says it was affected by cyberattack on health foundation
30 June 2025 12:47 FRANKFURT (REUTERS)Switzerland said on Monday that a cyberattack on the non-profit health foundation Radix that involved data being stolen and encrypted had also affected the federal a statement, Swiss federal authorities said that Radix's customers include various federal offices and that data have been published on the dark web in the wake of the attack, without specifying the data. Authorities are trying to determine the specific units and data affected by the attack, the statement said, adding that the attackers did not break directly into state-run data systems.


Reuters
30-06-2025
- Reuters
Swiss government says it was affected by cyberattack on health foundation
FRANKFURT, June 30 (Reuters) - Switzerland said on Monday that a cyberattack on the non-profit health foundation Radix that involved data being stolen and encrypted had also affected the federal administration. In a statement, Swiss federal authorities said that Radix's customers include various federal offices and that data have been published on the dark web in the wake of the attack, without specifying the data. Authorities are trying to determine the specific units and data affected by the attack, the statement said, adding that the attackers did not break directly into state-run data systems.


Forbes
09-05-2025
- Business
- Forbes
How Digital Twins Unlock Supply Chain Resilience
Alexander Clausbruch, CEO North America, Radix, offering operational excellence for asset-intensive industries. getty Amid growing geopolitical tensions and unpredictable politics, the global economy is steeling itself for constant, sudden change. As the new U.S. administration rolls out unprecedented international tariffs, industrial supply chains and materials deliveries must brace for significant disruption risk. For many organizations, the period during the pandemic brought logistics into sharp focus as demand-supply shocks and international bottlenecks reshaped global production cycles. That same need for organizational agility and resilience is being brought to the fore in today's turbulent economic and political climate. This extended period of instability and volatility has been termed a "permacrisis" by former dean of Stanford Business School Michael Spence in a book of the same name, co-authored by Gordon Brown, Mohamed El-Erian and Reid Lidow. According to research from the Business Continuity Institute, 80% of global organizations' supply chains were disrupted over the past 12 months, with most experiencing between one and 10 disruptions. Modern technologies have advanced to such a level that they can now fortify supply chains with the necessary agility and intelligence to navigate operational fluctuations. By adopting the right technology infrastructure and supporting strategies, forward-thinking industrial firms can not only withstand volatility but thrive in it. Innovative solutions help provide businesses with an end-to-end, clear view of the supply chain. The digital twin—a virtual replica of a company's systems and processes that can use real-time data to test and optimize scenarios—helps to form the core of optimized modern supply chain management. A digital twin integrates live data from sensors, Internet of Things (IoT) devices and enterprise systems to create a digital representation of a supply chain. This setup allows businesses to monitor operational performance in real time while optimizing production planning, inventory management and logistics. It's no wonder the market for digital twins is set to grow 40% annually, reaching $259 billion by 2032, according to Fortune Business Insights. Companies that can swiftly adjust their supply chains by sourcing from different suppliers, changing production methods or rerouting logistics can gain a competitive edge. A study by the Digital Supply Chain initiative, which polled 24 top executives running some of the world's largest supply chains, found that supply chain digitization can lead to a 20% reduction in procurement costs, a 50% reduction in supply chain costs and 10% revenue increases. Digitized supply chains also help to optimize resources, reduce waste and support sustainability efforts by adapting production and distribution based on real-time demand. A broad suite of technologies supports the modern digital twin in making supply chains more agile and resilient. AI-infused analytics can be fed into the system to help businesses forecast demand, optimize routing and automate decision-making. Machine learning algorithms can then identify patterns in supply chain data, making predictive insights more accurate and actionable. IoT enables real-time tracking of shipments, inventory levels and equipment performance. Smart sensors provide critical insights, like temperature monitoring for perishable goods or vibration tracking for machinery maintenance. All the while, cloud-based supply chain platforms support global accessibility, ensuring that all stakeholders—from manufacturers to drivers and retailers—can access real-time data. As a real-world, firsthand example, a pulp and paper mill (a customer of my company) implemented a digital twin that allowed the company to calculate and display mill-wide status, using mass and energy balance to monitor and predict operational conditions. It can also simulate future scenarios, allowing for proactive responses to unexpected disruptions as well as more precise planning and inventory management. In this way, digital twins can help enable enhanced supply chain coordination, optimized resources and lower costs, making operations more agile and resilient. Digital twins are also making strides in the civic arena, as evidenced by the city of Las Vegas. By leveraging a real-time virtual model of its infrastructure, the city is able to precisely monitor traffic, energy usage and water systems, using digital twin technology to significantly improve its sustainability efforts. The city's digital twin allows officials to simulate scenarios—like power outages or extreme weather—and optimize responses before issues arise. This approach is helping Las Vegas reduce emissions, improve services and enhance the quality of life for residents and visitors alike. Organizations don't need to start with large-scale investments to benefit from digital twins. A key first step is to map out existing data sources, like ERP systems, IoT devices or even spreadsheets, to assess what's already being captured. Cross-functional collaboration is essential throughout the process. Companies should involve operations, IT and supply chain teams early to identify gaps, set goals and define success metrics. By aligning digital twin efforts with existing KPIs and business priorities, companies can scale as value is proven. Another important internal step is to standardize data governance and ensure data quality. Digital twins thrive on accurate, timely information, so businesses should evaluate how well their data is organized and integrated. Ultimately, the best digital twin strategies grow from what companies already have, turning everyday data into a powerful operational asset. Supply chain resilience has evolved beyond contingency planning; it is about leveraging technology to anticipate and respond in an unpredictable world. Supply chains of the future will no longer be siloed, rigid or static—they will be self-correcting and proactive, withstanding whatever comes their way. I believe digitization is the path forward for businesses that want to build agility and flexibility at their core. It is these businesses that will succeed and thrive in the face of uncertainty. Forbes Technology Council is an invitation-only community for world-class CIOs, CTOs and technology executives. Do I qualify?