Latest news with #agility
Yahoo
3 hours ago
- Business
- Yahoo
Grid Dynamics Announces AI-Powered Engagement Model Enabling Accelerated Business Transformation for Fortune 1000 Enterprises
Key Takeaways: Grid Dynamics introduces an AI-powered engagement model for software delivery. This engagement model expands Grid Dynamics' offerings by providing a fundamentally new way of delivering value—enabling clients to achieve superior outcomes by providing the next level of agility, quality, and accelerated time-to-market. The model is based on the Grid Dynamics AI-Native Development Framework (GAIN Development Framework)—a combination of proprietary processes, human capital, and an AI-Enabled Development Platform. This framework is designed specifically to support the scale and complexity of Fortune 1000 enterprises. Based on internal benchmarks, we expect this model to accelerate project delivery by achieving over 30% productivity improvements. Progressive credit-based pricing directly tied to performance and value is the basis of the new engagement model. SAN RAMON, Calif., June 23, 2025--(BUSINESS WIRE)--Grid Dynamics Holdings, Inc. (Nasdaq: GDYN) (Grid Dynamics)—a prominent technology consulting and digital services provider specializing in AI, platform and product engineering, and digital engagement services—today announced the launch of an innovative AI-powered engagement model for its software engineering services. This new model is specifically engineered to deliver the next level of agility, quality, and accelerated time-to-market for Fortune 1000 enterprises. Grid Dynamics' innovative approach expands its engagement offerings beyond traditional Fixed Price, Time and Materials, and Capacity-based engagements. Key features include: Prompt-driven incremental output: Delivering value through iterative, prompt-guided development. Credit-based service consumption: Pricing aligned with desired outputs rather than effort—offering cost efficiency. AI-benchmarked code quality: Continuous evaluation against industry and client standards—ensuring code quality. Centralized client portal: A single, secure platform for clients to manage their engagement. At the center of the new engagement model is the Grid Dynamics AI Native Development Framework (GAIN Development Framework), which represents a shift from the traditional effort-based development model to an AI & Human collaboration model optimized for global, enterprise-scale delivery. The GAIN Development Framework is lean, with an emphasis on domain specialists, software architects, and experts in emerging technology, while leveraging Grid Dynamics' AI-Enabled Development Platform to automate routine coding and testing tasks. This structure helps ensure that our clients' investments are focused on creative, high-impact engineering that solves their most complex problems. "We are redefining how software is built," said Valery Zelixon, SVP of Sales at Grid Dynamics. "The GAIN Development Framework is not just about automation—it's about unlocking the full potential of engineering teams. By streamlining repetitive tasks and accelerating innovation cycles, we're helping our clients bring high-impact products to market faster, with greater precision and affordable cost. This marks a major shift in how organizations scale technology." "The combination of AI-enabled software development and enterprise-scale delivery creates unprecedented opportunities," said Leonard Livschitz, CEO of Grid Dynamics. "And our position at the intersection of innovation and scale, along with our deep AI expertise, enable us to consistently solve complex business challenges and deliver client value at an accelerated pace. We expect this new engagement model to be a significant growth driver as more Fortune 1000 enterprises seek our expertise to harness AI's potential." Visit this page to learn more. About Grid Dynamics Grid Dynamics (Nasdaq: GDYN) is a leading provider of technology consulting, platform and product engineering, AI, and digital engagement services. Fusing technical vision with business acumen, we solve the most pressing technical challenges and enable positive business outcomes for enterprise companies undergoing business transformation. A key differentiator for Grid Dynamics is our 8 years of experience and leadership in enterprise AI, supported by profound expertise and ongoing investment in data and ML platform engineering, cloud platform and product engineering, IoT and edge computing, and digital engagement services. Founded in 2006, Grid Dynamics is headquartered in Silicon Valley with offices across the Americas, Europe, and India. Follow us on LinkedIn. Forward-Looking Statements This communication contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 that are not historical facts, and involve risks and uncertainties that could cause actual results of Grid Dynamics to differ materially from those expected and projected. These forward-looking statements can be identified by the use of forward-looking terminology, including the words "believes," "estimates," "anticipates," "expects," "intends," "plans," "may," "will," "potential," "projects," "predicts," "continue," or "should," or, in each case, their negative or other variations or comparable terminology. These forward-looking statements include, without limitation, quotations and statements regarding the expected benefits of our capabilities and our company's future growth including with customers, the AI-Enabled Development Platform, and the Grid Dynamics AI-Native Development Framework. These forward-looking statements involve significant risks and uncertainties that could cause the actual results to differ materially from the expected results. Most of these factors are outside Grid Dynamics' control and are difficult to predict. Factors that may cause such differences include, but are not limited to our ability to achieve its expected benefits, the expected performance and functionality of our software offerings, as well as any factors limiting our capabilities, the benefits of our services and products, and our company's growth strategy. Grid Dynamics cautions that the foregoing list of factors is not exclusive. Grid Dynamics cautions readers not to place undue reliance upon any forward-looking statements, which speak only as of the date made. Grid Dynamics does not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in its expectations or any change in events, conditions or circumstances on which any such statement is based. Further information about factors that could materially affect Grid Dynamics, including its results of operations and financial condition, is set forth under the "Risk Factors" section of Grid Dynamics' annual report on Form 10-K filed February 27, 2025, and in other periodic filings Grid Dynamics makes with the SEC. View source version on Contacts Media Contact: Cary Savas+1 (650) 523 5000csavas@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Forbes
20 hours ago
- Science
- Forbes
A Biologist Spotlights 3 ‘Extreme' Snakes — By Strike Speed, Ground Speed And Air Speed
It may not come as a surprise that snakes move quickly, as their prey – often fast-moving animals – ... More demands agility. What many don't realize, however, is just how many snakes are capable of outpacing even humans. In Kung Fu, 'striking like a cobra' symbolizes speed and precision – qualities that are quite real in the snake world. Many snakes feed on creatures like rodents, birds and other small vertebrates, all of which are impressively quick for their size. However, contrary to popular belief, cobras aren't the fastest strikers in the snake world. When it comes to sheer strike speed, few snakes rival the puff adder (Bitis arietans), whose deadly reputation in Africa is well-earned. Responsible for the majority of snakebite fatalities in Africa, the puff adder strikes with both speed and precision. Its strike can reach a blistering 19 feet per second. To put that in perspective, it takes just under 90 milliseconds for the snake's fangs to reach their target, while a typical human blink lasts around 200 milliseconds. In other words, the puff adder can strike faster than the blink of an eye. But while the puff adder is the meanest striker, it isn't the fastest when it comes to locomotion – the process by which an animal physically moves through its environment. Over land and air, there are two snake species that can very well outpace humans. Black Mamba – The Fastest Snake On Land The black mamba is the fastest snake on land, capable of reaching speeds up to 12 miles per hour. When it comes to land speed, few snakes are as fast as the black mamba (Dendroaspis polylepis). Native to sub-Saharan Africa, this long, slender, and remarkably agile species can reach speeds of 9 to 12 miles per hour over short distances, making it the fastest snake in the world on land. Don't be fooled by web searches claiming the sidewinder rattlesnake is the world's fastest snake – a misconception that's been widely perpetuated online. While sidewinding is an efficient way to move across loose desert sand, it's not particularly fast. Biomechanical research shows that sidewinders top out at around 2.2 miles per hour on the ground. By contrast, the black mamba's smooth lateral undulation and powerful muscular coordination allow it to traverse open ground with astonishing speed. Its movement is not only fast but also controlled and deliberate. Black mambas are often seen cruising the savanna with their head and neck held high, using their keen eyesight to scan for danger or track prey – typically small mammals such as hyraxes, bush babies, and rodents. Despite their fearsome reputation, black mambas are not inherently aggressive. In reality, they are shy, secretive snakes that go out of their way to avoid conflict. Like most snakes, they strike only when they feel threatened or cornered. (Sidebar: Long considered the world's second-longest venomous snake at up to 15 feet, the black mamba has recently slipped to fifth place. Curious which four venomous snakes outrank it in length? Read the full story here.) Paradise Flying Snake – The Fastest Snake In Air This gorgeous paradise flying snake has the amazing ability to use its body to control a free fall. ... More By flattening its ribs, it is able to "glide" through the air, making it a very unique species of snake. The paradise flying snake (Chrysopelea paradisi) is not capable of flight in the traditional sense, but it has evolved a remarkable ability to glide through the air, making it one of the most fascinating – and fastest moving – snakes in the world. Found in the rainforests of Southeast Asia, this snake uses its unique body structure to 'fly' from tree to tree by flattening its ribs and undulating through the air. Its gliding ability allows it to cover distances of up to 100 feet in a single leap, often traveling at speeds of up to 25 miles per hour. Measured by sheer velocity, that makes it the fastest snake in the world – though it only reaches these speeds while gliding. The snake's technique involves launching itself from a high point and using the air to support its long, flattened body, making it seem like it's flying. In reality, the snake is engaging in controlled freefall, steering with precise body movements to direct its glide. This specialized form of locomotion helps it escape predators, hunt for prey and move efficiently between trees in its dense forest habitat. There are five species in the genus Chrysopelea, but only four have documented gliding behavior. The exception is the Sri Lankan flying snake (Chrysopelea taprobanica), for which data on aerial locomotion is still lacking. While the other species are all considered skilled aerial travelers, biomechanical research suggests that the paradise flying snake is the fastest glider among them. While the paradise flying snake is venomous, its venom is mild and poses little danger to humans. Its primary diet consists of reptiles, birds and other small vertebrates, and its ability to glide gives it a distinct advantage in ambushing prey or escaping threats in the treetops. Curious to see how your fear of animals stacks up? Take our quick quiz to find out fast-moving creatures — like snakes that strike fast, slither, swim and glide — send a shiver down your spine: Fear Of Animals Scale
BBC News
04-06-2025
- Lifestyle
- BBC News
Northampton teenager balances dog agility contests and GCSE exams
A teenage dog handler has been explaining how she manages to compete in an international ability contest in the middle of the GCSE exam 16, from Northampton, competed with her dog Asher for Team England in the World Agility Open in the took her school books so she could revise on the plane and during breaks in the is now preparing to represent Team GB at the Junior World Championships in Portugal next month. Taylor is no stranger to international became the youngest person ever to compete in TeamGB's agility squad at the age of 10, and won. She won gold at the World Junior Ability Championships at the age of she is equally determined to do well in her exams."Because of my GCSEs, I had to fly out because I didn't want to miss any exams that I didn't need to, so my mum drove out before with the caravan and the dog, and took the ferry across," she told BBC Radio Northampton. Her mother Hannah said: "It was quite an adventure because I've driven abroad before but not towed abroad before and not on my own, but it was easy because there was quite a few of us going so there was convoy to the venue."She said Taylor "works hard"."She took books with her to the Netherlands; she was revising on the plane; she was revising in the caravan; she just knuckles down and gets on with it," said mum. Hannah also competes in agility contests with springer spaniels, but, when Taylor started following in her mother's footsteps at the age of five, Hannah decided that cocker spaniels would be more said: "We thought for a little five-year-old, a springer was a bit big because she would be jumping the dog above her head height."The next major event for Taylor is the Junior World Championships in Portugal in July. The family takes seven dogs to competitions - they bring a caravan and construct gardens around it so the dogs have somewhere to said the animals were "only noisy when they're fed; other dogs get noisy when they're competing".The dogs have a whole house to themselves when they are back at home as the family's residence used to be three separate arrangement suits both the animals and Hannah's husband Gavin - he is allergic to dogs. Follow Northamptonshire news on BBC Sounds, Facebook, Instagram and X.
Fast Company
03-06-2025
- Business
- Fast Company
Break the cycle of inefficiency
In today's workplace, everyone's racing to a digital finish line. Organizations have embraced transformation, but in a rush to adopt new technologies, many leaders have prioritized speed over strategy without aligning teams, systems, and goals. The result? Disconnected ecosystems where information gets lost and workflows become increasingly disjointed. To accelerate effectively, teams need more than just tools. They need clarity. The data from Lucid's recent acceleration equation survey highlights that when teams build from a common foundation with shared context, processes, and alignment, they save time and enhance agility—enabling everyone to move faster together. Identify the visibility gap There's an increasing divide in confidence and clarity around how teams understand their work. Visibility isn't just about dashboards, it's about a shared understanding of expectations, deliverables, and goals. And that understanding is where the gaps are widening. While 93% of executives in the survey said they feel confident in project expectations, only 74% of individual contributors feel the same. Without clarity on how tasks contribute to broader goals, even high-performing teams face friction, redundancy, and missed opportunities. This lack of shared visibility is compounded by the scattered information that's become all too common in today's workplace. The average employee toggles between multiple platforms just to get a full picture of a project. It's no surprise that 40% of knowledge workers don't know where to find key project resources, leading to delays, duplication, and frustration. These visibility gaps and scattered systems don't just slow teams down, they trap them in inefficient cycles that waste time and sap momentum. Workers are stuck in a cycle of disconnect Even the most capable teams can falter when processes lack consistency and documentation. Without clear guidance, employees often spend more time deciphering workflows than executing them. Our recent survey asked workers how often they recreate processes or documentation simply because they can't find them—and nearly a third of workers recreate processes multiple times a week. With that, 43% of executives struggle with managing change effectively. This is not due to resistance to structure but stems from insufficient documentation and communication. I've seen this firsthand while scaling a company. As deadlines pile up and teams shift into execution mode, process and visibility often take a back seat. What feels like progress can quickly turn into misalignment when there's no connective tissue holding efforts together. This fragmentation leads to significant time losses, with a staggering 85% of workers spending up to two hours daily searching for information. That's an entire workday lost each week. Disconnected tools and fragmented project context can leave teams in a loop of improvisation and inefficiency. And while meetings are meant to solve that, more than 60% of employees say they walk away without clear next steps, which only adds to the confusion. One in five workers believe standardized, updated process documentation would save them at least three hours daily. This highlights an incredible opportunity for massive time and cost savings. What I've realized, and what our customers consistently tell us, is that teams don't need more systems; they need clearer, more centralized information that meets them where they already work and breaks the unproductive cycle consuming their time and energy. What's really needed to accelerate work Today's workplace isn't suffering from a lack of tools—but from too many disconnected ones. About 28% of employees surveyed say outdated or inadequate tools are slowing them down, while scattered information across platforms creates confusion instead of clarity. Teams often end up working in parallel rather than in sync, wasting valuable time and losing momentum as they struggle to find what they need. What truly accelerates work isn't more tools but better orchestration that connects existing solutions in a way that enables clear, confident teamwork. While most firms aren't looking to overhaul their tech stacks, they've recognized that the key to efficiency lies in clearer communication protocols and more effective collaboration. So now is the time to invest in the right areas: streamlined processes and integrated tools that foster cross-functional work. But the real magic happens when creating consistency. When teams share the same view and access information effortlessly, they don't just move forward—they accelerate with shared purpose. Our opportunity as leaders? Transform scattered effort into a unified force that powers genuine, breakthrough innovation.
Forbes
30-05-2025
- Business
- Forbes
Five Tactics To Thrive During Market Disruptions
Dr. Dmitriy Schwarzburg, the founder of Skinly Aesthetics, is dedicated to blending innovation with personalized care. getty Market disruptions—whether from economic volatility, technological advancements, global crises or rapid industry changes—pose significant challenges to businesses of all sizes. Yet, these turbulent times also present opportunities for agile companies willing and able to adapt. Throughout my career, I've witnessed firsthand how proactively embracing change can turn potential setbacks into substantial growth opportunities. Thriving amid uncertainty requires more than survival strategies; it demands forward-looking tactics that foster resilience, agility and sustained expansion. Here are five tactics, drawn from my experiences, to effectively navigate and capitalize on market disruptions. Traditional long-term strategic planning often falls short during periods of rapid change, as rigid plans become obsolete. Instead, successful businesses adopt flexible, iterative planning processes that emphasize short-term goals and regular reassessments. Quarterly or monthly strategic reviews allow businesses to remain responsive, making real-time adjustments based on current market conditions. This agile approach helps companies pivot swiftly, capitalizing on new opportunities or mitigating emerging threats as they arise. For example, in my own practice, monthly evaluations of market trends and patient demands have allowed us to swiftly adjust service offerings, minimizing disruption to our operations. The importance of robust digital capabilities cannot be overstated during market disruptions. Companies heavily reliant on physical interactions or traditional processes may find themselves at a severe disadvantage. Investing in digital transformation—whether improving e-commerce platforms, enhancing virtual customer support or optimizing remote work technologies—is crucial. Businesses that can quickly and effectively transition to digital platforms preserve their operational continuity, maintain strong customer relationships and even attract new customers seeking reliable digital solutions. When we faced a major shift toward telemedicine, rapidly enhancing our digital healthcare solutions enabled seamless patient interaction and sustained patient satisfaction. In uncertain times, stakeholders crave transparency and reliability. Businesses that excel in transparent, timely communication build trust and reinforce confidence among customers, employees and partners. Clear, consistent messaging about company actions, market conditions and future plans can significantly reduce uncertainty and anxiety. Internally, open dialogue with employees ensures alignment and fosters a culture of resilience and cooperation. Externally, transparent communication reassures customers and demonstrates leadership, enhancing brand loyalty and market position. Throughout previous disruptions, maintaining open communication channels with staff and clearly articulating our strategies has proven invaluable, strengthening internal morale and external trust. Financial health is critical during disruptions when revenue streams can fluctuate unpredictably. Proactively managing cash flow ensures businesses remain resilient. This includes diligently controlling expenses, renegotiating contracts, streamlining operations and securing favorable financing options. Regularly updating financial forecasts allows businesses to spot potential shortfalls early and implement contingency plans swiftly. By prioritizing cash management, businesses maintain the financial flexibility necessary to seize opportunities that competitors may miss due to financial strain. During economic volatility, closely monitoring our financial health and proactively managing expenses have allowed us to invest strategically in new growth opportunities others could not afford. Never become too comfortable with your current offerings. Always seek opportunities to innovate and expand your services or products. In my experience, continually investing in research and staying closely attuned to industry trends has been crucial. Regularly evaluating market shifts, emerging technologies and evolving consumer demands has allowed my businesses to introduce new services proactively. Keeping multiple projects and innovations in development has ensured that whenever a product's popularity wanes, we have the next solution ready, minimizing disruption and maintaining consistent growth. For instance, proactive innovation allowed us to introduce new aesthetic treatments exactly when market interest began shifting, positioning us ahead of competitors. Navigating market disruptions successfully requires strategic foresight, adaptability and decisive action. By embracing flexible planning, strengthening digital capabilities, prioritizing transparency, maintaining financial discipline and continuously innovating your offerings, businesses position themselves not only to endure disruption but to grow stronger from it. The ability to swiftly recognize and adapt to changing conditions transforms challenges into opportunities, enabling businesses to thrive where others merely survive. Forbes Business Council is the foremost growth and networking organization for business owners and leaders. Do I qualify?
