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MaterialsZone Recognized as a Representative Vendor in the 2024 Gartner® Market Guide for Materials Informatics Solutions

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2 years ago

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The Market Guide sheds light on the market landscape and its application of advanced AI.

TEL AVIV, Israel, July 24, 2024 /PRNewswire/ — MaterialsZone, the Lean R&D solution for Advanced Materials, Chemicals, Food and Beverage, and other industries, today announced its inclusion as a Representative Vendor in the 2024 Gartner Market Guide for Materials Informatics Solutions.

“Gartner defines materials informatics solutions as software and services that apply advanced learning techniques to materials-related big data for better predicting results by the characteristics of each material, enabling scientists, engineers and data scientists to optimize materials science workflows,” is a Key Finding from the Gartner research.

Comprising four pillars, MaterialsZone’s innovative solution is a materials informatics AI-driven platform driving advancements in the field of materials science. The Materials Knowledge Center consolidates internal and external data sources into one coherent structure, utilizing materials and process-specialized data architecture with persona-driven access for tailored user experiences. The Collaboration Hub enables a secured, seamless cross-departmental collaboration in a cloud-based, real-time environment. The hub provides organizational memory of data, processes, and insights, ensuring that knowledge is preserved and accessible. The Visual Analyzer empowers organizations to gain insights and make data-driven decisions through multi-dimensional analysis, detecting patterns within the R&D process to facilitate cross-organizational understanding and decision-making. The Predictive Co-Pilot leverages AI modeling to predict experimental results, reducing the need for numerous iterations and enabling informed decision-making.

MaterialZone’s key takeaways from the Market Guide:

–  “The rapid acceleration in materials discovery, driven by major advances in AI in recent years, is fueling the growth of the market for materials informatics solutions.

–  Materials informatics solutions are transforming materials science by democratizing novel material discovery, selection and formulation through highly scalable capabilities and accessible user interfaces.

–  Target users include both technical professionals like scientists and chemists, and nontechnical users like R&D managers and senior stakeholders, enabling cross-functional collaboration and improving transparency into research, materials discovery, materials compliance and customer formulations across the organization.”

“Outdated practices, inaccessible data, and lack of efficient analysis tools have prevented the materials science industry from realizing its digitalization potential,” said Tal Meirzon, CEO of MaterialsZone. “We believe our inclusion in Gartner’s Market Guide is based on our commitment to leading the industry on its digital journey, fostering a culture of innovation, shaping the future of materials discovery and analysis, and delivering cutting-edge solutions that meet the evolving needs of industries reliant on materials data and analysis.”

Gartner Disclaimer

Gartner, Market Guide for Materials Informatics Solutions, Tom Jepsen, Benjamin Jury, 26 June 2024. Gartner is a registered trademark of Gartner, Inc. and/or its affiliates and is used herein with permission. All rights reserved. Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

About MaterialsZone

MaterialsZone is a forward-thinking materials informatics company helping to bring materials-based products to market better and faster.

MaterialsZone is a cloud-based materials discovery platform that empowers researchers and organizations by leveraging AI to enhance materials data utilization and bring better products to the market faster. The Lean R&D solution for materials-based products streamlines workflows, improves efficiency, and accelerates innovation. 

MaterialsZone was developed with extensive expertise in chemistry, engineering, data sciences, and software development with the goal of providing an industry-agnostic solution for R&D in organizations. The platform has a proven track record of success, empowering numerous customers to accelerate and optimize their R&D processes. For more information, please visit our website www.materials.zone.

MaterialsZone Contact

Shahni Ben-Haim, PR Specialist
shahni@materials.zone

 

View original content:https://www.prnewswire.com/news-releases/materialszone-recognized-as-a-representative-vendor-in-the-2024-gartner-market-guide-for-materials-informatics-solutions-302205086.html

SOURCE MaterialsZone

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XLCS Partners advises Concurrent Utility Services on sale to UniTek Global Services

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11 minutes ago

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July 23, 2026

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NASHVILLE, Tenn., July 23, 2026 /PRNewswire/ — XLCS Partners, Inc., a leading middle market investment bank, is pleased to announce that it served as exclusive M&A advisor to Concurrent Utility Services LLC on its acquisition by UniTek Global Services, Inc., a portfolio company of New Mountain Finance Corporation (Nasdaq: NMFC) and its affiliates, and BTG Pactual Strategic Capital.

Headquartered in Miami, Florida, Concurrent is a licensed general and electrical contractor providing infrastructure development and maintenance services to electric utilities, telecom providers, and land developers throughout the Southeast United States. The company’s capabilities span overhead and underground utility construction, professional telecom services, emergency service restoration, in-building networks, environmental services, and data center development. Backed by a safety-first culture and an experienced workforce, Concurrent has built a strong regional platform and a reputation for quality across the markets it serves.

UniTek is a leading digital infrastructure services provider supporting the expansion of fiber and data center connectivity across the U.S. and Canada. With over 600 employees and 60 locations, UniTek delivers a full suite of infrastructure services. The acquisition of Concurrent accelerates UniTek’s Power Services Division, which launched in July 2025 to broaden the company’s maintenance, repair, upgrade, and new infrastructure development services for the power sector. Concurrent’s established Southeast footprint and power capabilities directly complement UniTek’s existing broadband and data center infrastructure platform, positioning the combined company to capitalize on growing demand for resilient, modernized power infrastructure. Concurrent will continue to operate under its established brand, maintaining uninterrupted service for its customers.

“Selling Concurrent was one of the biggest decisions of my career, and Anthony, Jay, and the XLCS team guided us through every step with professionalism and genuine care for our people,” said Steve Sarno, CEO of Concurrent. “They stayed fully engaged throughout, gave us honest and thoughtful advice, kept our best interests front and center, and delivered an outcome that exceeded our expectations. I would recommend them without hesitation to any owner considering a transaction.”

XLCS acted as the exclusive M&A advisor to Concurrent, and the transaction was led by Anthony Contaldo, Partner, and Jay Cremer, Vice President. The transaction was completed on July 1, 2026.

About XLCS Partners, Inc.

XLCS Partners is a leading global investment banking firm providing M&A advisory services. Visit www.xlcspartners.com for more information.

Media Contact: 
Kendra Span 
kspan@xlcspartners.com
615-379-7783

View original content to download multimedia:https://www.prnewswire.com/news-releases/xlcs-partners-advises-concurrent-utility-services-on-sale-to-unitek-global-services-302833542.html

SOURCE XLCS Partners, Inc.

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XLCS Partners advises Concurrent Utility Services on sale to UniTek Global Services

Published

11 minutes ago

on

July 23, 2026

By

NASHVILLE, Tenn., July 23, 2026 /PRNewswire/ — XLCS Partners, Inc., a leading middle market investment bank, is pleased to announce that it served as exclusive M&A advisor to Concurrent Utility Services LLC on its acquisition by UniTek Global Services, Inc., a portfolio company of New Mountain Finance Corporation (Nasdaq: NMFC) and its affiliates, and BTG Pactual Strategic Capital.

Headquartered in Miami, Florida, Concurrent is a licensed general and electrical contractor providing infrastructure development and maintenance services to electric utilities, telecom providers, and land developers throughout the Southeast United States. The company’s capabilities span overhead and underground utility construction, professional telecom services, emergency service restoration, in-building networks, environmental services, and data center development. Backed by a safety-first culture and an experienced workforce, Concurrent has built a strong regional platform and a reputation for quality across the markets it serves.

UniTek is a leading digital infrastructure services provider supporting the expansion of fiber and data center connectivity across the U.S. and Canada. With over 600 employees and 60 locations, UniTek delivers a full suite of infrastructure services. The acquisition of Concurrent accelerates UniTek’s Power Services Division, which launched in July 2025 to broaden the company’s maintenance, repair, upgrade, and new infrastructure development services for the power sector. Concurrent’s established Southeast footprint and power capabilities directly complement UniTek’s existing broadband and data center infrastructure platform, positioning the combined company to capitalize on growing demand for resilient, modernized power infrastructure. Concurrent will continue to operate under its established brand, maintaining uninterrupted service for its customers.

“Selling Concurrent was one of the biggest decisions of my career, and Anthony, Jay, and the XLCS team guided us through every step with professionalism and genuine care for our people,” said Steve Sarno, CEO of Concurrent. “They stayed fully engaged throughout, gave us honest and thoughtful advice, kept our best interests front and center, and delivered an outcome that exceeded our expectations. I would recommend them without hesitation to any owner considering a transaction.”

XLCS acted as the exclusive M&A advisor to Concurrent, and the transaction was led by Anthony Contaldo, Partner, and Jay Cremer, Vice President. The transaction was completed on July 1, 2026.

About XLCS Partners, Inc.

XLCS Partners is a leading global investment banking firm providing M&A advisory services. Visit www.xlcspartners.com for more information.

Media Contact: 
Kendra Span 
kspan@xlcspartners.com
615-379-7783

View original content to download multimedia:https://www.prnewswire.com/news-releases/xlcs-partners-advises-concurrent-utility-services-on-sale-to-unitek-global-services-302833542.html

SOURCE XLCS Partners, Inc.

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Fathom Applauds Introduction of the FRONTIER Act, the First Federal Blueprint for Independent AI Verification

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11 minutes ago

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July 23, 2026

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Reps. Lori Trahan (D-MA-03) and Jay Obernolte (R-CA-23) introduce a bill to build a competitive marketplace of independent verifiers for frontier AI models.

WASHINGTON, July 23, 2026 /PRNewswire/ — Fathom welcomes the introduction of the FRONTIER Act, the most complete federal framework yet for independent, third-party verification of frontier AI. The legislation is built to earn public trust as AI technology continues to accelerate. As frontier systems begin to take autonomous action in the world, the gap between what these models can do and our ability to keep them in check is widening. FRONTIER is the starting point to close that gap.

“AI governance keeps running into the same wall. The technology is hard to measure and it moves faster than any law can keep up with,” said Andrew Freedman, Co-Founder and CEO of Fathom. “Trying to write the perfect rules and freezing them in place won’t work. What will work is a competitive market of independent verifiers who are accountable for real-world outcomes and who the government can actually count on. The FRONTIER Act shows we can move fast and still get this right.”

The bill gets the fundamentals correct. It sets one public standard – the adequate mitigation of catastrophic risk – and holds both the AI companies and their independent verifiers accountable to it. FRONTIER does not freeze a single testing method into statute. Instead, it licenses competing verification organizations, allows them to sharpen their methods, and gives the government the power to revoke a license when a verifier’s work does not hold up in the field. That is how you build a system that keeps pace with the science instead of falling behind it.

Fathom thanks Reps. Trahan and Obernolte for their leadership, and for their courage in releasing a discussion draft, inviting scrutiny, and incorporating substantive improvements from across the field. One priority improvement as the bill advances: giving the government a fuller range of tools to act upstream – for pushing companies to close identified gaps in risk mitigation early, rather than only once a catastrophe is imminent. We are committed to working with these sponsors, committees of jurisdiction, and Congressional leadership to continue refining the bill in the weeks and months ahead.

About Fathom
Fathom is an independent nonprofit whose mission is to build a governance architecture that helps society navigate the transition to a world with AI by fostering trust, safety, and innovation. Fathom has developed and championed the independent verification model for AI and works with policymakers across the country to put it into practice. Learn more at http://fathom.org.

View original content to download multimedia:https://www.prnewswire.com/news-releases/fathom-applauds-introduction-of-the-frontier-act-the-first-federal-blueprint-for-independent-ai-verification-302833546.html

SOURCE Fathom AI Inc.

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