BASINGSTOKE, England, May 31 (Bernama-BUSINESS WIRE) -- A new study from Juniper Research, the foremost experts in payments, has found that the value of digital prepaid card transactions will exceed $3.98 trillion globally by 2028, up from $528.7 billion in 2023.
Open-loop Prepaid Cards Drive Adoption
By 2028, the value of digital prepaid card transactions will represent just under 60% of total prepaid cards spend, up from 15% in 2023; demonstrating the rapid growth of digitisation. It also reflects the greater use of digitally issued open-loop prepaid cards as loyalty rewards; replacing more traditional gift cards. Open-loop systems, where payments can be made anywhere cards are accepted, will lead to an increasingly blurred line between prepaid cards and gift cards. This will make the much wider loyalty market increasingly addressable for prepaid card vendors, compared with the closed-loop system, where payments can only be made at specific vendors.
A digital prepaid card is a virtual form of a prepaid card that exists entirely in digital format and can be accessed through a mobile app or online platform.
Find out more about the new report, Prepaid Cards Market: Trends, Strategies & Market Forecasts 2023-2028, or download a free sample.
New Growth Markets for Digital Prepaid Cards
· The number of prepaid cards issued digitally is expected to surpass 940 million by 2028.
· Prepaid cards are highly appealing to the unbanked; offering the functionality of payment cards without the need of an account with a financial institution.
Financial inclusion remains a key issue for the millions of unbanked and underbanked across the world. However, advances in digitalisation, smartphone availability, and the ease with which vendors can now issue prepaid cards digitally and instantly, mean that financial inclusion is within near reach of a growing number of users.
Research co-author Nick Maynard explained: “Financial inclusion use cases can significantly accelerate the success of prepaid cards, but vendors must keep the costs very low to ensure prepaid cards remain competitive for these use cases versus mobile money apps or central bank digital currencies.”
View the Prepaid Cards Market research:
https://www.juniperresearch.com/researchstore/fintech-payments/prepaid-cards-research-report
Download the free sample:
https://www.juniperresearch.com/whitepapers/digitalisation-the-future-of-prepaid-cards
Juniper Research provides research and analytical services to the global hi-tech communications sector, providing consultancy, analyst reports and commentary.
View source version on businesswire.com:
https://www.businesswire.com/news/home/20230530005017/en/
Contact
Sam Smith
Press Relations
T: +44(0)1256830002
E: sam.smith@juniperresearch.com
Source : Juniper Research
--BERNAMA
Wednesday 31 May 2023
EDUSITY LAUNCHES REDESIGNED LMS WITH FREE VERSION, REVOLUTIONIZING ONLINE LEARNING
MISSISSAUGA, Ontario, May 31 (Bernama-GLOBE NEWSWIRE) -- Edusity, a leading ed-tech company, has announced the launch of their redesigned Learning Management System (LMS), complete with a free version. This new LMS is a game-changer, providing access to high-quality e-learning tools for free. Edusity's LMS provides a dynamic learning experience that supports learners at every stage of their journey, making it the ideal platform for anyone looking to develop new skills or upskill in their current role.
The LMS comes with course authoring tools that allow educators to create and deliver interactive courses, giving learners the opportunity to collaborate with peers in a virtual classroom. The revamped integrated webinar tool features a user-friendly interface that offers intuitive navigation and easy access to features and educational resources.
"At Edusity, we believe that education should be accessible to everyone," said Edusity Co-Founder Arvind Betala. "Through our technical and strategic development, we have created a platform ready to deliver high-quality, fully secure, engaging learning experiences for everyone. Our new LMS puts that belief into action by providing a free version of our platform, making it easier for anyone to access high-quality e-learning tools. Learners can take advantage of a range of features that help them develop new skills, advance their careers, or pursue their passions.
The Edusity LMS is free for users to host and sell their courses. It includes a webinar tool so instructors can host live and recorded sessions. This creates new opportunities to expand education into new areas with students who need it most.
"Combining our in-house technological knowledge with the expertise of The Babb Group and Cudoo.com, we have been able to integrate best practices in instructional design and the rigorous standards of curriculum development into every aspect of our company culture," said Edusity Co-Founder Vishal Shah. "The result is a redesigned platform that supports engaged teaching and learning in every aspect."
About the Edusity Family of Companies
In addition to Edusity.com, the group includes educational consultancy The Babb Group, academic job search experts Professor Services and course outlet Cudoo.com. The Edusity family of companies is privately owned and has offices in Canada, the US, and Asia.
jeff.schenck@thebabbgroup.com
Source: Edusity
--BERNAMA
The LMS comes with course authoring tools that allow educators to create and deliver interactive courses, giving learners the opportunity to collaborate with peers in a virtual classroom. The revamped integrated webinar tool features a user-friendly interface that offers intuitive navigation and easy access to features and educational resources.
"At Edusity, we believe that education should be accessible to everyone," said Edusity Co-Founder Arvind Betala. "Through our technical and strategic development, we have created a platform ready to deliver high-quality, fully secure, engaging learning experiences for everyone. Our new LMS puts that belief into action by providing a free version of our platform, making it easier for anyone to access high-quality e-learning tools. Learners can take advantage of a range of features that help them develop new skills, advance their careers, or pursue their passions.
The Edusity LMS is free for users to host and sell their courses. It includes a webinar tool so instructors can host live and recorded sessions. This creates new opportunities to expand education into new areas with students who need it most.
"Combining our in-house technological knowledge with the expertise of The Babb Group and Cudoo.com, we have been able to integrate best practices in instructional design and the rigorous standards of curriculum development into every aspect of our company culture," said Edusity Co-Founder Vishal Shah. "The result is a redesigned platform that supports engaged teaching and learning in every aspect."
About the Edusity Family of Companies
In addition to Edusity.com, the group includes educational consultancy The Babb Group, academic job search experts Professor Services and course outlet Cudoo.com. The Edusity family of companies is privately owned and has offices in Canada, the US, and Asia.
jeff.schenck@thebabbgroup.com
Source: Edusity
--BERNAMA
Monday 29 May 2023
CLARITAS HEALTHTECH, PWC PARTNER TO DEPLOY MEDICAL IMAGING PLATFORMS
KUALA LUMPUR, May 29 (Bernama) -- Claritas HealthTech and PwC announced they will collaborate on the rollout, deployment and support of a suite of medical image enhancement and artificial intelligence (AI) diagnostic software products.
“This collaboration with PwC will accelerate our global deployment strategy and deliver significant benefits to clinicians across practice areas,” said Claritas Chief Executive Officer, Chetan Baxi in a statement.
Meanwhile, PwC Global Healthcare Leader, Anthony Bruce said PwC works with national and local healthcare providers to deliver real, workable solutions to today’s challenges.
“We are always excited to work with new technologies, like Claritas, which seek to address some of the key bottlenecks in healthcare,” added Bruce.
Claritas’ image enhancement and reconstruction software, namely iRAD and iPET, both United States Food and Drug Administration (FDA)-cleared, provide modality agnostic and cost-effective solutions to alleviate the pressure on the medical imaging and diagnostic ecosystems.
iRAD can be used to enhance magnetic resonance imaging (MRI), X-Ray and computerised tomography (CT) thereby improving first time reading, reducing the need for re-scans, and improving diagnostic accuracy.
In the meantime, iPET allows accelerated PET-CT/MRI acquisition while significantly reducing the amount of contrast dosage needed.
Aims to transform the diagnostics industry with powerful and effective software products, Claritas conducts research and development in the fields of image enhancement, machine vision and AI with a focus on medical image processing and AI-assisted interpretation and diagnostics.
-- BERNAMA
“This collaboration with PwC will accelerate our global deployment strategy and deliver significant benefits to clinicians across practice areas,” said Claritas Chief Executive Officer, Chetan Baxi in a statement.
Meanwhile, PwC Global Healthcare Leader, Anthony Bruce said PwC works with national and local healthcare providers to deliver real, workable solutions to today’s challenges.
“We are always excited to work with new technologies, like Claritas, which seek to address some of the key bottlenecks in healthcare,” added Bruce.
Claritas’ image enhancement and reconstruction software, namely iRAD and iPET, both United States Food and Drug Administration (FDA)-cleared, provide modality agnostic and cost-effective solutions to alleviate the pressure on the medical imaging and diagnostic ecosystems.
iRAD can be used to enhance magnetic resonance imaging (MRI), X-Ray and computerised tomography (CT) thereby improving first time reading, reducing the need for re-scans, and improving diagnostic accuracy.
In the meantime, iPET allows accelerated PET-CT/MRI acquisition while significantly reducing the amount of contrast dosage needed.
Aims to transform the diagnostics industry with powerful and effective software products, Claritas conducts research and development in the fields of image enhancement, machine vision and AI with a focus on medical image processing and AI-assisted interpretation and diagnostics.
-- BERNAMA
Thursday 25 May 2023
SET SAIL TO ADVENTURE IN CAT QUEST: PIRATES OF THE PURRIBEAN, 2024
KUALA LUMPUR, May 25 (Bernama) -- Developer The Gentlebros and publisher Kepler Interactive announced the return of an epic feline adventure in Cat Quest: Pirates of the Purribean, next year.
It is the latest installment in the million-selling series coming to PS5, PS4, Nintendo Switch, Xbox Series X|S, Xbox One and Personal Computer (PC) (via STEAM).
In “Cat Quest: Pirates of the Purribean”, users will take on the role of a swashbuckling ‘purrivateer’ as they embark across a 2.5D pirate-themed, open world.
“In an archipelago swarming with pesky ‘Pi-rats’ searching for the Northern Star, a long-lost mythical treasure, you will take to your very own ship to traverse the dangerous seas and seamlessly zip between the waves and the shore.
“Either as a solo adventurer, or alongside a friend in local co-op, the Purribean is filled with varied dungeons and ‘paw-geous’ biomes to explore freely,” said Kepler Interactive in a statement.
From firing cannonballs to shooting elemental shells, users’ own pirate ship will be equipped with all the best pirate-worthy tools to defeat even the most ‘furr-orocious’ foes.
Back on land, users can master the game’s newly refined combat system to prevail over the ‘Pi-rat’ hoards scurrying in every corner of the archipelago.
Headquartered in London, Kepler Interactive is a developer and publisher that operates on a co-ownership model. Its partner studios include A44 Games in New Zealand; Alpha Channel and Timberline in North America; Awaceb, Ebb Software and Sloclap in Europe; and Shapefarm in Asia.
Meanwhile, The Gentlebros is an award-winning Singapore-based studio and creators of the million-selling Cat Quest series across PC, consoles and mobile.
-- BERNAMA
It is the latest installment in the million-selling series coming to PS5, PS4, Nintendo Switch, Xbox Series X|S, Xbox One and Personal Computer (PC) (via STEAM).
In “Cat Quest: Pirates of the Purribean”, users will take on the role of a swashbuckling ‘purrivateer’ as they embark across a 2.5D pirate-themed, open world.
“In an archipelago swarming with pesky ‘Pi-rats’ searching for the Northern Star, a long-lost mythical treasure, you will take to your very own ship to traverse the dangerous seas and seamlessly zip between the waves and the shore.
“Either as a solo adventurer, or alongside a friend in local co-op, the Purribean is filled with varied dungeons and ‘paw-geous’ biomes to explore freely,” said Kepler Interactive in a statement.
From firing cannonballs to shooting elemental shells, users’ own pirate ship will be equipped with all the best pirate-worthy tools to defeat even the most ‘furr-orocious’ foes.
Back on land, users can master the game’s newly refined combat system to prevail over the ‘Pi-rat’ hoards scurrying in every corner of the archipelago.
Headquartered in London, Kepler Interactive is a developer and publisher that operates on a co-ownership model. Its partner studios include A44 Games in New Zealand; Alpha Channel and Timberline in North America; Awaceb, Ebb Software and Sloclap in Europe; and Shapefarm in Asia.
Meanwhile, The Gentlebros is an award-winning Singapore-based studio and creators of the million-selling Cat Quest series across PC, consoles and mobile.
-- BERNAMA
INDEGENE EXPANDS PARTNERSHIP WITH CONTIPI MEDICAL LTD TO MANAGE PELVIC ORGAN PROLAPSE IN WOMEN WORLDWIDE
PRINCETON, N.J. and ISRAEL, May 25 (GLOBE NEWSWIRE) -- Indegene, a digital-first, life sciences commercialization company announced today that it will be expanding its partnership with ConTIPI Medical Ltd, an innovator in the field of providing non-surgical and disposable solutions for women with various pelvic floor disfunctions, to bring a new device to the market.
ConTIPI Medical’s mission is to help women suffering from Pelvic Organ Prolapse (POP). The US FDA states that POP occurs when the pelvic floor’s tissues and muscles can no longer support its organs which causes a drop or prolapse of the pelvic organs. Approximately 54 million American women over 20 years old suffer from POP1. The current treatment methods include largely either invasive surgery with up to a 30% failure rate or the use of non-invasive pessaries which currently require a physician’s care to insert and remove and are associated with various adverse events.
ConTIPI’s ProVate is a ready-to-use device that is inserted vaginally by the user thanks to an easy-to-use applicator, very similar to a menstrual tampon. This innovation empowers women to take control over their own treatment. The device has a 510(k) clearance from the FDA for marketing in the USA and has been granted the CE mark for marketing in Europe.
ConTIPI’s expanded agreement with Indegene includes several services across the commercialization process, including sales, PRMA (pricing, reimbursement and market access), medical affairs, medical communications, pharmacovigilance, regulatory, marketing and commercial operations support. Indegene will work with ConTIPI to drive revenue and ensure predictable cash outflow.
Indegene’s data-driven omnichannel marketing solution has been known to generate a greater impact than field sales representatives alone, resulting in better customer experiences at a fraction of the cost of the traditional model. Using proprietary artificial intelligence (AI) and health care provider (HCP) data to expertly segment and target HCPs, Indegene helps clients deploy the most effective and efficient curated sales and marketing strategies. The algorithm can learn from HCP interactions and adapts in real-time to deliver content that ultimately drives a change in the prescribing behavior.
“We are thrilled to introduce ProVate to women suffering from POP as this device will make it possible for them to take control of their own healthcare,” said Dr. Elan Ziv, CEO & Medical Director at ConTIPI Medical. “We have worked with Indegene to help us navigate the complex process from product innovation to patient adoption, and we are excited to continue to partner throughout this commercialization journey. At ConTIPI, we take pride in our Urogynecology expertise and innovation capabilities. It is great to have a partner like Indegene to help us focus on our strengths, while enabling us to get our innovation in the hands of the women who need this treatment.”
“We believe this unique device has the potential to change the POP market, and we are proud to partner further with ConTIPI Medical to bring relief and independence to millions of women,” said Timothy Moore, Senior Vice President of Emerging Biotech and Key Accounts at Indegene. “The ability to deploy Indegene’s range of digital-first, data-backed solutions will play a large role in the pre-launch preparation of this commercialization journey, and together we will seek to enable ConTIPI to immediately tap into the proven market access, sales force effectiveness and medical commercialization operations critical to a successful launch. We bring the experience of working with 19 of the top 20 global pharmaceutical companies to ConTIPI. With this joint commercialization agreement, we will continue to offer ConTIPI the exceptional strategic advantage and services that industry leaders have come to trust from Indegene.”
Capital IP Investment Partners and Ghost Tree Partners have invested in helping ConTIPI Medical to bring this new technology to the market. Bourne Partners served as the exclusive financial advisor to ConTIPI Medical.
About ConTIPI Medical Ltd
ConTIPI Medical, and its associate company ConTIPI Limited, both located at the Caesarea Industrial Park in Israel, provide non-surgical and disposable vaginal solutions for women with various Pelvic Floor Disorders. ConTIPI’s previous device for stress urinary incontinence, the Impressa device, was acquired by Kimberly Clark Worldwide and is available for sale. For more information, please visit www.contipi.com
About Indegene
We are a digital-first, life sciences commercialization company. We help biopharmaceutical, emerging biotech and medical device companies develop products, get them to the market, and grow their impact through the life cycle in a more effective, efficient, and modern way. We bring together healthcare domain expertise, fit-for-purpose technology, and an agile operating model to provide a diverse range of solutions. These aim to deliver, amongst other outcomes, a personalized, scalable and omnichannel experience for patients and physicians. It’s what drives our team and our purpose to enable healthcare organizations to be future ready. To learn more, please visit www.indegene.com
For media inquiries, please contact:
Yadunandan K V | yadunandan.kv@indegene.com
1Trinity Partners Inc. Boston, MA, USA, August 2015
Source: Indegene Inc
ConTIPI Medical’s mission is to help women suffering from Pelvic Organ Prolapse (POP). The US FDA states that POP occurs when the pelvic floor’s tissues and muscles can no longer support its organs which causes a drop or prolapse of the pelvic organs. Approximately 54 million American women over 20 years old suffer from POP1. The current treatment methods include largely either invasive surgery with up to a 30% failure rate or the use of non-invasive pessaries which currently require a physician’s care to insert and remove and are associated with various adverse events.
ConTIPI’s ProVate is a ready-to-use device that is inserted vaginally by the user thanks to an easy-to-use applicator, very similar to a menstrual tampon. This innovation empowers women to take control over their own treatment. The device has a 510(k) clearance from the FDA for marketing in the USA and has been granted the CE mark for marketing in Europe.
ConTIPI’s expanded agreement with Indegene includes several services across the commercialization process, including sales, PRMA (pricing, reimbursement and market access), medical affairs, medical communications, pharmacovigilance, regulatory, marketing and commercial operations support. Indegene will work with ConTIPI to drive revenue and ensure predictable cash outflow.
Indegene’s data-driven omnichannel marketing solution has been known to generate a greater impact than field sales representatives alone, resulting in better customer experiences at a fraction of the cost of the traditional model. Using proprietary artificial intelligence (AI) and health care provider (HCP) data to expertly segment and target HCPs, Indegene helps clients deploy the most effective and efficient curated sales and marketing strategies. The algorithm can learn from HCP interactions and adapts in real-time to deliver content that ultimately drives a change in the prescribing behavior.
“We are thrilled to introduce ProVate to women suffering from POP as this device will make it possible for them to take control of their own healthcare,” said Dr. Elan Ziv, CEO & Medical Director at ConTIPI Medical. “We have worked with Indegene to help us navigate the complex process from product innovation to patient adoption, and we are excited to continue to partner throughout this commercialization journey. At ConTIPI, we take pride in our Urogynecology expertise and innovation capabilities. It is great to have a partner like Indegene to help us focus on our strengths, while enabling us to get our innovation in the hands of the women who need this treatment.”
“We believe this unique device has the potential to change the POP market, and we are proud to partner further with ConTIPI Medical to bring relief and independence to millions of women,” said Timothy Moore, Senior Vice President of Emerging Biotech and Key Accounts at Indegene. “The ability to deploy Indegene’s range of digital-first, data-backed solutions will play a large role in the pre-launch preparation of this commercialization journey, and together we will seek to enable ConTIPI to immediately tap into the proven market access, sales force effectiveness and medical commercialization operations critical to a successful launch. We bring the experience of working with 19 of the top 20 global pharmaceutical companies to ConTIPI. With this joint commercialization agreement, we will continue to offer ConTIPI the exceptional strategic advantage and services that industry leaders have come to trust from Indegene.”
Capital IP Investment Partners and Ghost Tree Partners have invested in helping ConTIPI Medical to bring this new technology to the market. Bourne Partners served as the exclusive financial advisor to ConTIPI Medical.
About ConTIPI Medical Ltd
ConTIPI Medical, and its associate company ConTIPI Limited, both located at the Caesarea Industrial Park in Israel, provide non-surgical and disposable vaginal solutions for women with various Pelvic Floor Disorders. ConTIPI’s previous device for stress urinary incontinence, the Impressa device, was acquired by Kimberly Clark Worldwide and is available for sale. For more information, please visit www.contipi.com
About Indegene
We are a digital-first, life sciences commercialization company. We help biopharmaceutical, emerging biotech and medical device companies develop products, get them to the market, and grow their impact through the life cycle in a more effective, efficient, and modern way. We bring together healthcare domain expertise, fit-for-purpose technology, and an agile operating model to provide a diverse range of solutions. These aim to deliver, amongst other outcomes, a personalized, scalable and omnichannel experience for patients and physicians. It’s what drives our team and our purpose to enable healthcare organizations to be future ready. To learn more, please visit www.indegene.com
For media inquiries, please contact:
Yadunandan K V | yadunandan.kv@indegene.com
1Trinity Partners Inc. Boston, MA, USA, August 2015
Source: Indegene Inc
Saturday 20 May 2023
Vonage-Meta Partnership Enabling Secure, Instant Payments Via Whatsapp In Singapore
KUALA LUMPUR, May 18 (Bernama) -- Vonage, a global leader in cloud communications helping businesses accelerate their digital transformation, has partnered with WhatsApp as a Business Solution Provider, to launch payments on the messaging app in Singapore.
With this new capability, Vonage Conversational Commerce, enables businesses and consumers to benefit from seamless, end-to-end shopping experiences, from discovery to engagement and payments, all within WhatsApp.
According to a statement, Vonage Conversational Commerce enables brands to create omnichannel, messaging-first customer buying experiences across popular messaging, social and web platforms such as WhatsApp, Messenger, Apple Business Chat, Instagram and Twitter.
“Backed by the power of the full Vonage Communications Platform, we are delighted to meet customers' evolving needs with Vonage Conversational Commerce powered by Jumper.ai, providing embedded commerce capabilities to drive more engaging and seamless shopping experiences through WhatsApp.
“This development highlights our commitment to continue pushing the boundaries of conversational commerce and empowering businesses throughout Singapore to create meaningful relationships with their customers,” said Vonage Senior Director of Product Management, Yash Kotak.
As messaging becomes more important to consumers globally as a quick and direct way of connecting with their favourite brands, Vonage’s application meets the needs of major global brands, helping them to connect with consumers, while also turning these conversations into richer artificial intelligence (AI)-enabled customer experiences.
Seamless and secure payments on WhatsApp in Singapore, enabled for businesses by Vonage Conversational Commerce, will transform the way people and businesses in Singapore connect.
With an estimated over one billion users connecting with businesses across Meta’s messaging services every week, the ability to process payments securely through WhatsApp will enable companies to deliver a differentiated, and real-time customer experience, which will boost customer engagement and build loyalty.
-- BERNAMA
Friday 19 May 2023
Ripple Takes On Crypto Custody Market With US$250 Mln Metaco Acquisition
KUALA LUMPUR, May 18 (Bernama) -- Ripple, the leader in enterprise blockchain and crypto solutions, announced it has acquired Metaco, a Swiss-based provider of digital asset custody and tokenisation technology for US$250 million. (US$1=RM4.52)
According to a statement, with this acquisition, Ripple will expand its enterprise offerings, providing customers with the technology to custody, issue, and settle any type of tokenised asset.
Metaco will dramatically accelerate its growth trajectory through access to Ripple’s established base of hundreds of customers, capital to address new demand, and resources to continue delivering on its commitment to banking and institutional clients.
“Through the strength of our balance sheet and financial position, Ripple will continue pressing our advantage in the areas critical to crypto infrastructure. Bringing on Metaco is monumental for our growing product suite and expanding global footprint,” said Ripple Chief Executive Officer (CEO), Brad Garlinghouse.
Meanwhile, Metaco Founder and CEO, Adrien Treccani said, “This deal will enable Metaco to leverage Ripple’s scale and market strength to reach our goals and deliver value to our clients at a faster pace.”
Ripple will become the sole shareholder of Metaco, which will continue to operate as an independent brand and business unit led by Treccani.
Best known for its flagship payments products, Ripple was the first company to address the multi-trillion dollar pain points in cross-border payments utilising blockchain and cryptocurrency.
Currently, Ripple serves hundreds of customers in over 55 countries and six continents with payout capabilities in more than 70 markets.
On the other hand, Metaco offers secure and versatile mission-critical custody infrastructure for institutions to scale new business models in the crypto economy. Its primary offering Harmonize is the institutional standard for digital asset custody and tokenisation infrastructure, chosen by the world’s largest global custodians, top-tier banks, financial institutions and corporates.
-- BERNAMA
Thursday 18 May 2023
TDCX CONTINUES GLOBAL EXPANSION WITH 29TH CAMPUS IN BRAZIL
 |
Employees at TDCX Brazil campus have monthly catchups with the management team over a meal or panel discussion to stay informed about the company’s goals and objectives. They are also often involved in team-building activities such as problem-solving competitions and fun karaoke sessions. (Photo: Business Wire) |
The new campus houses a team of 120 multilingual CX specialists who provide world-class player support on behalf of one of the world’s biggest video game developer, publisher and esports tournament organiser.
The Brazil campus is the latest in a series of geographic expansions by TDCX, which complements the company’s existing campus in Colombia and strengthens its ability to support client needs in North and Latin America.
In a statement, TDCX said it has opened campuses in Colombia, Romania, South Korea, Türkiye and Vietnam, over the last three years, deepening its coverage for clients.
“Brazil offers many advantages as a delivery centre location. Through our campus here, we will be able to provide strong support for international clients across North and Latin America. We will also be able to tap the local workforce, which is highly skilled and tech-savvy.
“The launch of our campus in Brazil is another example of our commitment to continue investing in our capabilities and geographic reach to enhance our offerings to our clients,” said TDCX Founder and Chief Executive Officer, Laurent Junique.
TDCX has been growing from strength to strength in the gaming vertical with its revenue from the gaming segment in financial year ending 2022 increased by 71 per cent year-on-year.
By establishing a campus in Brazil, the company has been able to expand its scope for a key gaming client. It now supports the client’s operations globally through its sites in Brazil, Japan, Korea, Malaysia, Türkiye and Vietnam.
Fitted with a multipurpose space to promote greater well-being among employees, the Brazil campus is furnished with cozy couches, foosball and ping pong tables, background music, and complimentary snacks and beverages, whereby employees have various breakout spaces to unwind and to bond with their colleagues.
-- BERNAMA
Wednesday 17 May 2023
GTJAI Completes Transactions Of "Northbound Trading of Swap Connect"
KUALA LUMPUR, May 16 (Bernama) -- Guotai Junan International Holdings Limited (GTJAI) announced that its subsidiary Guotai Junan Securities (Hong Kong) Co Ltd as one of the first batch qualified overseas investors of “Northbound Trading of Swap Connect”.
In a statement, GTJAI said it completed 14 transactions with a total amount of 240 million yuan, on the first day (May 15) of the launch of “Northbound Trading of Swap Connect”. (100 Chinese yuan=RM64.65)
From "Bond Connect" to "Swap Connect", GTJAI has been always firmly supporting the national financial opening-up policies, contributing to the deepening of connections between Mainland China and Hong Kong financial markets, and providing quality services for overseas investors to fully participate in China's capital market.
"Swap Connect" refers to the arrangement for both domestic and overseas investors to participate in Hong Kong’s financial derivatives market and Mainland China’s interbank derivatives market through the connection between Hong Kong and Mainland China’s infrastructure institutions.
Meanwhile, "Northbound Trading of Swap Connect" allows Hong Kong and international investors to participate in Mainland China’s interbank derivatives market through the connection between Hong Kong and Mainland China infrastructure institutions in terms of trading, clearing and settlement.
Based in Hong Kong, GTJAI provides comprehensive, diversified and high-quality integrated financial services with core business includes brokerage, corporate finance, asset management, loans and financing, as well as financial products.
-- BERNAMA
Tuesday 16 May 2023
SOUTHEAST ASIA MUST CONTINUE INTEGRATE MULTIPLE TECHNOLOGIES TO ACHIEVE CARBON NEUTRALITY - BLACK & VEATCH
KUALA LUMPUR, May 15 (Bernama) -- Southeast Asia must continue to prioritise the integration of renewable energy and the addition of new natural gas infrastructure to achieve an affordable, resilient and sustainable energy future, according to Black & Veatch.
Further, the industry and governments in the region must continue to collaborate on enabling long-term conditions that facilitate the deployment of future technology solutions across hydrogen and ammonia, carbon capture, energy storage and bidirectional, cross-border grids.
Black & Veatch Executive Vice President and Managing Director, Asia-Pacific, Narsingh Chaudhary said a successful and equitable energy transition involved planning for and integrating multiple technologies to ensure that everyone has access to a stable and reasonably priced energy supply.
“Working in tandem with renewable energy, highly flexible and dispatchable generation, such as gas-fired power generation and small and mid-scale LNG project development, are essential to accomplishing these goals,” he added.
According to a statement, Black & Veatch, a global leader in critical infrastructure solutions will share its strategies for integrating renewable energy, liquefied natural gas (LNG) and hydrogen at this year’s Future Energy Asia.
Gas-fired power generation has the quick ramp-up and ramp-down capabilities needed to adapt to changing grid energy demands. Advanced gas turbines in a simple cycle configuration can supply over 400 MW to the grid in 10 minutes and are designed to reach full combined cycle load in 30 minutes to one hour.
New gas turbine technologies can operate at low loads of less than 25 per cent of their baseload capacity in some cases and ramp at 10 to 15 per cent of their full load capacity per minute.
Most modern turbine technology can co-fire emissions-free hydrogen, and by 2030, most original equipment manufacturers predict that new turbines will be 100 per cent hydrogen capable.
Black & Veatch’s survey before the ongoing energy crisis indicates that gas-fired power plants have a future as an investment class in Asia, with approximately half of the respondents believe there will be “more investment” in gas or LNG-to-power facilities combined with carbon capture, over the next five years.
-- BERNAMA
Monday 15 May 2023
MITSUI KINZOKU, GEOMATEC TO ESTABLISH MASS PRODUCTION SYSTEM FOR HRDP COMMERCIALISATION
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| 300mm wafer type HRDP® products (In a special case for shipping products) (Photo: Business Wire) |
KUALA LUMPUR, May 15 (Bernama) -- Mitsui Mining and Smelting Co Ltd (Mitsui Kinzoku) and GEOMATEC Co Ltd (GEOMATEC) collaborated to establish a mass production system for the commercialisation of High Resolution Debondable Panel (HRDP), a specialty carrier for next-generation semiconductor packaging.
In a statement, Mitsui Kinzoku announced it has decided to invest in a second production line in GEOMATEC’s Ako plant, scheduled to start operation in 2025, to increase production capacity and expand the Design of Experiments (DOE) facility.
At the same time, GEOMATEC will invest in the thin-film process used on this second line.
Currently, several major semiconductor companies have begun the full-scale development of their next-generation semiconductor packages using HRDP, which was developed by Mitsui Kinzoku.
In addition, by expanding the DOE facility already in operation, the company will accelerate joint development with major semiconductor companies using HRDP, enabling customers to shorten cycle times.
With the installation of the second line and the expansion of the DOE facility, it will be able to respond quickly to the increasing demand for development and move toward the adoption of HRDP and the expansion of its use in mass production in the next-generation semiconductor market in the future.
This capital investment will be made in steps from 2023 to 2025. Mitsui Kinzoku will contribute to the semiconductor packaging market by expanding its HRDP business and contribute to the creation of a sustainable society through its business activities.
-- BERNAMA
Friday 12 May 2023
Toshiba Launches High-speed Quad-channel Digital Isolators
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| Toshiba: DCL54xx01 Series digital isolators that contribute to stable high-speed isolated data transmissions in industrial applications. (Graphic: Business Wire) |
KUALA LUMPUR, May 9 (Bernama) -- Toshiba Electronic Devices & Storage Corporation (Toshiba) has launched high-speed quad-channel digital isolators, the “DCL54xx01 Series” that feature 100kV/μs (min) of high common mode transient immunity (CMTI) and a 150Mbps high-speed data rate.
Ensuring the safety and reliability of factory automation equipment requires isolation devices that ensure insulation and prevent noise propagation.
Toshiba is now offering digital isolators as a solution that address requirements for higher speed and multi-channel signal communications and high CMTI.
According to a statement, the new products use Toshiba’s proprietary magnetic coupling type insulated transmission method to deliver a high CMTI of 100kV/μs (min).
This realises high tolerance of electrical noise between input/output in isolated signal communications, and also contributes to stable control signal transmission and equipment operation.
For 50 years, Toshiba has provided its customers with photocouplers, isolation devices that ensure insulation through optical coupling.
Going forward, in addition to photocouplers, the company will expand its lineup of high-speed quad-channel digital isolators, plus the number of channels and packages, and offer high-quality insulation devices that support the reliable, real-time data transmission required for industrial equipment control.
-- BERNAMA
END-TO-END SUPPLY CHAIN VISIBILITY REMAIN UNATTAINABLE FOR APAC LOGISTICS COMPANIES - HERE TECHNOLOGIES
KUALA LUMPUR, May 12 (Bernama) -- HERE Technologies, the leading location data and technology platform, has published an inaugural study, APAC On The Move, to provide insights from transportation and logistics professionals across Asia Pacific (APAC) on the current technology trends and practices that are shaping supply chain, fleet, and logistics management.
A key finding from APAC On The Move 2023 is the extent to which end-to-end asset tracking and shipment visibility remain a challenge for logistics companies three years since the onset of the pandemic, according to HERE in a statement.
Nearly 90 per cent of APAC logistics companies surveyed have cited technology implementation challenges as their biggest barrier to achieving real-time end-to-end supply chain visibility, despite the motivations to improve customer satisfaction and operational efficiency.
The study reveals more than half of the firms surveyed (52 per cent) have cited the challenge of identifying the right partners and/or suppliers as their biggest barrier to technology implementation.
According to the study by HERE, software integration challenges with existing infrastructure (52 per cent), the lack of time to implement the solutions (39 per cent), and high implementation costs (39 per cent) are the main barriers to adopting logistics assets tracking and shipment/cargo monitoring solutions.
The pandemic has exposed the vulnerabilities of manual interventions in the global supply chain. Yet, approximately 45 per cent of APAC logistics firms surveyed are using asset tracking and shipment monitoring software in combination with manual inputs to track assets, shipment, and cargo.
Across APAC, the Japanese logistics industry is leading the way with 70 per cent of companies surveyed having moved to tracking assets in real-time with no manual inputs.
With intensifying competition and rising customer expectations in the region, the logistics sector wants to improve fundamental business performance indicators. The strongest motivator for adopting logistics asset tracking solutions is to increase customer satisfaction (48 per cent).
Looking ahead, more than a quarter of logistics companies in APAC are planning to invest in drones (33 per cent), robotics (30 per cent), and artificial learning and machine learning (29 per cent). These technologies have been identified by the logistics sector to seize opportunities and create lasting competitive advantage (41 per cent), improve operational efficiency (40 per cent), and increase customer satisfaction (39 per cent).
This inaugural study consists of market research data and analysis from March 2023, based on responses from 1,300 players within the transport and logistics industry across eight countries in APAC.
-- BERNAMA
DUCK CREEK: COFORGE IS FORMATION ’23 INNOVATION ANYWHERE HATCH-A-THON WINNER
KUALA LUMPUR, May 12 (Bernama) -- Duck Creek Technologies, the intelligent solutions provider defining the future of property and casualty (P&C) and general insurance, recognises Coforge as the winner of the company’s Innovation Anywhere Hatch-a-Thon at Formation ’23.
“Duck Creek’s Innovation Anywhere Hatch-a-Thon provides an exciting forum to showcase new thinking in insurance technology and celebrate the contributions to cloud-based SaaS technology by our developer and partner community,” said its Chief Enterprise Architect, Quinn Easterbrook.
Its Innovation Anywhere Hatch-a-Thon encourages the development of new and innovative ideas that advance on-demand, cloud, and software-as-a-service (SaaS) technology solutions to rapidly improve insurance carriers’ core technology systems, as well as unique concepts that address insurance carrier operational pain points.
Designed as an innovation marathon, Duck Creek brings together its internal teams and its developer community to upskill, build amazing solutions, and hatch new ideas that will further advance technology for the insurance industry.
In a statement, Duck Creek said this year is the second year the company has opened the Hatch-a-Thon to external ecosystem participants.
The 2023 Hatch-a-Thon call for entries challenged the developer community to keep insurance human, find untapped synergy between insurance operations, and integrate technologies that enhance customer experience to advance the P&C and general insurance industry globally.
The Hatch-a-Thon innovation marathon drew 35 entries which were reviewed by Duck Creek’s Innovation Anywhere committee and were judged based on innovation, product impact, business impact, and execution.
Three finalists, representing Coforge, Value Momentum, and Xceedance, were chosen to present their ideas on stage for attendees to view and vote for their favourite innovation during Formation ’23.
Formation attendees voted Coforge as the Formation ’23 Innovation Anywhere Hatch-a-Thon champion. The winning team from Coforge produced “document delivery using WhatsApp” to build connections and make it easier for policyholders to communicate directly across the Duck Creek Platform by using a policy number to retrieve documents.
-- BERNAMA
NIPPON EXPRESS ITALIA OBTAINS IATA CEIV PHARMA CERTIFICATION FOR ITS FACILITY NEAR MILAN MALPENSA AIRPORT
TOKYO, May 11, 2023 /Kyodo JBN-AsiaNet/ --
| Nippon Express Italia S.p.A. (hereinafter "NX Italia"), a group company of NIPPON EXPRESS HOLDINGS, INC., has acquired IATA CEIV Pharma certification*, a quality certificate for pharmaceutical transport established by the International Air Transport Association (IATA), for its warehouse facility in Lainate, near Milan Malpensa Airport, effective April 3 of this year. Logo: https://kyodonewsprwire.jp/img/202305095498-O1-I17xe4r6 Photos of warehouse facility: https://cdn.kyodonewsprwire.jp/prwfile/release/M103866/202305095498/_ prw_PI2fl_Tq94bmiJ.jpg?_ga=2.29713785.758542448.1683592316-1430758024.1637027940 https://cdn.kyodonewsprwire.jp/prwfile/release/M103866/202305095498/_ prw_PI3fl_0L8vF5aj.jpg?_ga=2.236594887.758542448.1683592316-1430758024.1637027940 As one of Europe's leading pharmaceutical industry centers, Italy is home to many major pharmaceutical and biotech companies. Milan boasts the Milano Innovation District (MIND), a science and technology park dedicated to pharmaceutical R&D and manufacturing, and the Italian government has placed the district at the heart of its growth strategy for the pharmaceutical industry. Milan is also an important hub for the distribution of pharmaceuticals to the rest of Europe, and demand for high-quality pharmaceutical logistics services is on the rise. The Nippon Express Group has positioned the pharmaceutical industry as a key industry in its "Nippon Express Group Business Plan 2023 -- Dynamic Growth," and is pursuing the global development of a safe and secure pharmaceutical logistics platform to meet the ever more sophisticated and diverse needs of pharmaceutical logistics. NX Italia acquired Good Distribution Practice (GDP) certification in May 2021, evidencing its compliance with internationally recognized standards for the proper distribution of pharmaceuticals, and, with the acquisition of CEIV Pharma certification, will now be able to provide safer and higher-quality pharmaceutical transportation services using Milan Malpensa Airport as a hub while striving to deepen customer trust as pharmaceutical imports and exports grow. The Nippon Express Group is committed to contributing to the health of people around the world by supporting its customers in the global pharmaceutical industry from a logistics perspective through the establishment of a reliable and safe global pharmaceutical logistics platform. *About CEIV Pharma: https://kyodonewsprwire.jp/attach/202305095498-O1-G17R59sP.pdf Nippon Express website: https://www.nipponexpress.com/ Nippon Express Group's official LinkedIn account: https://www.linkedin.com/company/nippon-express-group/ Source: NIPPON EXPRESS HOLDINGS, INC. http://mrem.bernama.com/viewsm.php?idm=46063 |
Thursday 11 May 2023
UNIPHORE BAGS VENTANA RESEARCH DIGITAL INNOVATION AWARDS FOR CUSTOMER EXPERIENCE
KUALA LUMPUR, May 11 (Bernama) -- Uniphore, global leader in Conversational artificial intelligence (AI) and Automation announced that Uniphore X Platform has been selected as the winner in the Customer Experience category of the 16th Annual Ventana Research Digital Innovation Awards.
Uniphore Chief Marketing Officer, Annie Weckesser said: “Winning the Ventana Research Digital Innovation Award for Customer Experience is a noteworthy achievement for Uniphore and a strong validation of our platform strategy.
“We are honoured to be recognised for our commitment to innovation and our focus on delivering the best possible experiences for our customers. This award is a testament to the hard work and dedication of our teams who are constantly pushing the boundaries of what is possible for our customers.”
According to Uniphore in a statement, this award recognises technology vendors that best exemplify innovation in applications and technologies that support engagement with customers, as well as pioneering vendors that are driving innovation and achieving breakthrough performance.
The prestigious technology awards are judged by an independent panel of experts who evaluate technology vendors and their solutions based on innovation, ease of use, and the value they bring to customers.
Uniphore X Platform is a comprehensive platform that enables businesses to realise the value of every conversation and delivers exceptional customer experiences across all channels and touchpoints, including voice, chat and messaging.
The platform leverages cutting-edge conversational and video AI, and machine learning technologies to understand and interpret customer needs and intent, and to provide personalised, contextually relevant experiences at every touchpoint.
It enables businesses to automate complex processes, improve agent productivity, and deliver personalised experiences at scale.
Uniphore has a long-standing reputation for innovation and excellence, in which its solutions are used by leading enterprises around the world to transform customer experiences and drive business growth.
-- BERNAMA
Uniphore Chief Marketing Officer, Annie Weckesser said: “Winning the Ventana Research Digital Innovation Award for Customer Experience is a noteworthy achievement for Uniphore and a strong validation of our platform strategy.
“We are honoured to be recognised for our commitment to innovation and our focus on delivering the best possible experiences for our customers. This award is a testament to the hard work and dedication of our teams who are constantly pushing the boundaries of what is possible for our customers.”
According to Uniphore in a statement, this award recognises technology vendors that best exemplify innovation in applications and technologies that support engagement with customers, as well as pioneering vendors that are driving innovation and achieving breakthrough performance.
The prestigious technology awards are judged by an independent panel of experts who evaluate technology vendors and their solutions based on innovation, ease of use, and the value they bring to customers.
Uniphore X Platform is a comprehensive platform that enables businesses to realise the value of every conversation and delivers exceptional customer experiences across all channels and touchpoints, including voice, chat and messaging.
The platform leverages cutting-edge conversational and video AI, and machine learning technologies to understand and interpret customer needs and intent, and to provide personalised, contextually relevant experiences at every touchpoint.
It enables businesses to automate complex processes, improve agent productivity, and deliver personalised experiences at scale.
Uniphore has a long-standing reputation for innovation and excellence, in which its solutions are used by leading enterprises around the world to transform customer experiences and drive business growth.
-- BERNAMA
Monday 8 May 2023
Sweegen's Sweet Protein Brazzein Technology Receives FEMA GRAS Status
KUALA LUMPUR, May 5 (Bernama) -- Global sweetness and flavour innovator, Sweegen has announced its highly sought-after sweet protein Ultratia brazzein technology received the Generally Recognized As Safe (GRAS) status from the Flavor and Extract Manufacturers Association (FEMA).
"Our customers and the industry have eagerly anticipated our brazzein FEMA GRAS status, and now we are excited to offer it as the star sweet protein in our Sweetensify Flavors Collection.
“We are pleased to demonstrate our Ultratia brazzein in the newly launched Sweetensify Flavors Collection at the IFT First trade show in Chicago July 17-19, 2023,” said Sweegen Senior Vice President of Sales, Luca Giannone in a statement.
Sweegen is the first to attain FEMA GRAS status and to produce brazzein commercially globally and the designation is important because it allows manufacturers to use Sweegen’s Sweetensify Flavors confidently, including the novel sweet protein brazzein in their product formulations.
Brazzein is a rare sweet protein that originates from the fruit of the West African climbing plant, oubli. To produce brazzein sustainably, Sweegen uses a proprietary precision fermentation process, which creates clean high-purity ingredients.
Sweetensify Flavors for taste modulation improves and modulates a variety of taste attributes, which can help brands push the boundaries of healthier product innovation.
Brazzein’s exceptional formulation qualities inspired Sweegen to launch Sweentisify Flavors last month. It is the newest flavour tool starring its novel sweet protein Ultratia brazzein, which also features thaumatin II and other unique proteins.
Sweegen recently attained FEMA GRAS status for thaumatin II, a sweet protein complementary to brazzein.
With the addition of brazzein, the company continues to expand its portfolio of safe and effective taste modulating flavours that can help food and beverage manufacturers meet the demand for healthier and delicious products to align with consumers’ holistic approaches to wellness.
-- BERNAMA
Saturday 6 May 2023
DABEEO SIGNS MOU FOR MONITORING PALM OIL PLANTATION IN MALAYSIA
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| Dabeeo signed a memorandum of understanding (MOU) with Saba Legend, a Malaysian GIS company, for the purpose of monitoring the health status of palm trees on plantations using AI technology and various satellite images (Photo: Dabeeo) |
- Dabeeo sets its foot onto the crop analysis market by diversifying the use of satellite images
- Plans to collaborate with Malaysian plantations to manage palm trees and increase palm oil productivity
SEOUL, South Korea, May 5 (Bernama-BUSINESS WIRE) -- Dabeeo Inc., a geospatial information technology company based on AI, has announced its plan to introduce AI analysis technology using ultra-precision (30cm-level) satellite images to monitor palm tree plantations in Malaysia.
- Plans to collaborate with Malaysian plantations to manage palm trees and increase palm oil productivity
SEOUL, South Korea, May 5 (Bernama-BUSINESS WIRE) -- Dabeeo Inc., a geospatial information technology company based on AI, has announced its plan to introduce AI analysis technology using ultra-precision (30cm-level) satellite images to monitor palm tree plantations in Malaysia.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230503005056/en/
Dabeeo concluded a memorandum of understanding (MOU) with Saba Legend, a Malaysian GIS company, on April 28, 2023, with the aim of periodically monitoring the health of trees and promptly identifying undernourished palm trees through technical collaboration.
The palm oil plantation that has corporated with Saba Legend covers an area of about 300km2, the size of about 42,000 football fields. The two companies will jointly seek opportunities to explore precision farming in order to save the time and cost spent for managing a large-scale farm by leveraging Dabeeo's AI technology.
Dabeeo previously conducted an analysis of certain plantation areas by using a specific band (Red-NIR) of satellite images to derive NDVI (Normalized Difference Vegetation Index), a representative indicator of vegetation status.
Friday 5 May 2023
BHSI PROMOTES HILARY BROWNE, CAMERON HOLMES TO GLOBAL UNDERWRITING LEADERSHIP POSTS
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| Hilary Browne, Deputy Global Chief Underwriting Officer. (Photo: Business Wire) |
KUALA LUMPUR, May 5 (Bernama) -- Berkshire Hathaway Specialty Insurance (BHSI) has announced two leadership promotions with Hilary Browne being promoted to the role of Deputy Global Chief Underwriting Officer, and Cameron Holmes is now Global Underwriting Officer, Property for Energy and Construction.
Browne joined BHSI in 2019 as Country Manager, Ireland, and Head of Casualty for Europe, and most recently served as Global Chief Underwriting Officer, Casualty and Healthcare, and Deputy Head of Europe.
As she assumes her new role, her Europe region responsibilities will transition to Alessandro Cerase, newly named Head of BHSI Europe Region, while she retains responsibility for global casualty and healthcare underwriting.
In her new role, Browne will provide executive oversight for BHSI’s global A&H underwriting, multinational underwriting and support, and underwriting affairs.
According to a statement, she will continue to be based in Dublin and will report to BHSI Global Chief Underwriting Officer, David Fields.
“With the growth of BHSI’s global underwriting portfolio, the time is right to strengthen our global underwriting leadership, and Hilary’s contributions at BHSI and in the industry make her ideal for this role,” said Fields.
Meanwhile, Holmes who has been Head of Property Technical Lines at BHSI in Australia since 2018, joined BHSI in 2015 as Property Energy and Construction Manager and has more than 20 years of experience in engineering and technical lines property insurance.
As he assumes his new role, he will continue to be based in Sydney and will report to BHSI Global Chief Underwriting Officer, Property and Marine, Dean LaPierre.
BHSI provides commercial property, casualty, healthcare professional liability, executive and professional lines, transactional liability, surety, marine, travel, programmes, accident and health, medical stop loss, homeowners and multinational insurance.
-- BERNAMA
AI-MEDIA UNVEILS AI-DRIVEN LEXI 3.0: THE FUTURE OF LIVE AUTOMATIC CAPTIONING
SYDNEY, Australia, May 5 (Bernama-GLOBE NEWSWIRE) -- Ai-Media, the global leader in professional captioning solutions, is proud to announce the launch of LEXI 3.0, the new and improved version of its flagship live automatic captioning solution. With cutting-edge enhancements and new features, LEXI 3.0 is the world’s most accurate and advanced automatic captioning solution, delivering results that rival human captions at a fraction of the cost.
Independent audits confirm that LEXI 3.0 consistently delivers results with 35% fewer recognition, formatting, and punctuation errors than the previous version.
Critically, LEXI 3.0 introduces new automated features, including speaker identification and AI-powered caption placement to avoid on-screen interference. Average quality results have increased significantly from 98.2% to 98.7% NER with this release.
LEXI 3.0 is an affordable on-demand solution perfect for live captioning a wide range of content types – from linear TV broadcast, OTT, Live Sports, and live streams, to meetings, events, lectures, and more.
Ai-Media’s Co-Founder and CEO, Tony Abrahams, said:
“20 years in the making, we’ve finally cracked the holy grail of making live automatic captioning a reality. LEXI 3.0 is a game-changer. We’re seeing accelerating adoption of automatic captioning driven by a significant increase in quality, reduction in latency, and release of new AI features that previously required manual intervention, such as speaker changes and placement of captions to not obscure important visuals.
“LEXI 3.0 is available immediately for existing Ai-Media customers at no additional cost and is delivered with any iCap Encoder (hardware, Alta, and Falcon) connected to Ai-Media’s iCap Cloud Network.”
To learn more about LEXI 3.0, click here.
About Ai-Media
Founded in Australia in 2003, technology company Ai-Media is a global leader in the provision of high-quality live and recorded captioning, transcription, and translation solutions. The company helps the world’s leading broadcasters, enterprises, and government agencies ensure high accuracy, secure and cost-effective captioning via its AI-powered LEXI automatic captioning solution and end-to-end range of captioning hardware. Globally, Ai-Media technology delivers 7 million minutes of live and recorded media content, online events, and web streams every month. Ai-Media (ASX: AIM) commenced trading on the ASX on 15 September 2020. For more information on Ai-Media please visit Ai-Media.tv.
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/0907bea0-b62d-4701-9a16-a712c101c4fe
Media Contact:
Fiona Habben
Senior Marketing Manager – Global
+61 411 727 592
fiona.habben@ai-media.tv
SOURCE : Ai-Media
Independent audits confirm that LEXI 3.0 consistently delivers results with 35% fewer recognition, formatting, and punctuation errors than the previous version.
Critically, LEXI 3.0 introduces new automated features, including speaker identification and AI-powered caption placement to avoid on-screen interference. Average quality results have increased significantly from 98.2% to 98.7% NER with this release.
LEXI 3.0 is an affordable on-demand solution perfect for live captioning a wide range of content types – from linear TV broadcast, OTT, Live Sports, and live streams, to meetings, events, lectures, and more.
Ai-Media’s Co-Founder and CEO, Tony Abrahams, said:
“20 years in the making, we’ve finally cracked the holy grail of making live automatic captioning a reality. LEXI 3.0 is a game-changer. We’re seeing accelerating adoption of automatic captioning driven by a significant increase in quality, reduction in latency, and release of new AI features that previously required manual intervention, such as speaker changes and placement of captions to not obscure important visuals.
“LEXI 3.0 is available immediately for existing Ai-Media customers at no additional cost and is delivered with any iCap Encoder (hardware, Alta, and Falcon) connected to Ai-Media’s iCap Cloud Network.”
To learn more about LEXI 3.0, click here.
About Ai-Media
Founded in Australia in 2003, technology company Ai-Media is a global leader in the provision of high-quality live and recorded captioning, transcription, and translation solutions. The company helps the world’s leading broadcasters, enterprises, and government agencies ensure high accuracy, secure and cost-effective captioning via its AI-powered LEXI automatic captioning solution and end-to-end range of captioning hardware. Globally, Ai-Media technology delivers 7 million minutes of live and recorded media content, online events, and web streams every month. Ai-Media (ASX: AIM) commenced trading on the ASX on 15 September 2020. For more information on Ai-Media please visit Ai-Media.tv.
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/0907bea0-b62d-4701-9a16-a712c101c4fe
Media Contact:
Fiona Habben
Senior Marketing Manager – Global
+61 411 727 592
fiona.habben@ai-media.tv
SOURCE : Ai-Media
TAGTHAI, SIAM PIWAT PROMOTE TOURISM VIA INTEGRATED THAILAND TRAVEL PLATFORM
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| TAGTHAi and Siam Piwat partnered together to launch ONESIAM Pass. Offering a bundle of products, food and beverages, services, attractions, and privileges tailored for tourists, allowing them to experience the best Thailand has to offer. (Photo: Business Wire) |
KUALA LUMPUR, May 5 (Bernama) -- TAGTHAi, a one-stop digital tourism platform that brings together collaborative forces of over 50 government and private organisations, has partnered with Siam Piwat for an integrated mission to sustainably drive and leverage Thai tourism.
The collaboration takes a proactive approach with the launch of ONESIAM Pass, which highlights exceptional travel experiences to attract tourists from across the globe while generating income for local business.
Thai Digital Platform Social Enterprise Co Ltd, Chairman of Management Committee and TAGTHAi application co-founder, Kalin Sarasin said TAGTHAi has been downloaded by over 500,000 Thai and international tourists.
“The platform offers helpful tourism information, attractive tourism-related products and services, providing a seamless travel experience through digital technology that facilitates the entire journey and aids in designing a memorable and value-for-money trip.
“TAGTHAi and Siam Piwat have formed a potent alliance that emphasises lifestyle tourism as ONESIAM is a synergy of tourist magnets which presents a significant opportunity for this collaborative partnership,” he said in a statement.
Meanwhile, Siam Piwat Co Ltd Chief Executive Officer, Chadatip Chutrakul said: “Together we will drive TAGTHAi to become Thailand's primary digital tourism platform. Our shared value is to offer visitors to our country an exceptional experience while sustainably generating income for Thai businesses and strengthen Thailand as one of the world’s top tourist destinations.”
ONESIAM Pass is a digital lifestyle travel pass that offers a multi-dimensional travel experience at ONESIAM global destinations including Siam Paragon, Siam Center, Siam Discovery and ICONSIAM.
Tourists can discover a bundle of products, food and beverages, services, access to landmark attractions and world-class events as well as privileges tailored for tourists.
TAGTHAi has been jointly developed by Thai Digital Platform Social Enterprise Co Ltd and The Tourism Authority of Thailand.
For more information, visit www.tagthai.com.
-- BERNAMA
SOEREN LORENZEN JOINS WIPRO LIMITED AS CHIEF GROWTH OFFICER, APMEA
KUALA LUMPUR, May 5 (Bernama) -- Wipro Limited, a technology services and consulting company, has appointed Soeren Lorenzen as the Chief Growth Officer of its Asia Pacific, Middle East and Africa (APMEA) strategic market unit.
Leading APMEA’s sales, marketing and partnerships teams, Lorenzen will also work closely with Wipro’s Growth Office, bringing together the best of the company’s integrated capabilities and global scale to customers in the region.
In a statement, Wipro Limited Chief Executive Officer – APMEA, Anis Chenchah said he is delighted to welcome Lorenzen to the leadership team.
“With his international experience, particularly in sales and large deal management, as well as partnership management, I am confident that Soeren will contribute effectively to realising our growth ambitions across APMEA,” added Chenchah.
Meanwhile, Lorenzen said: “I am excited to join Wipro, a purpose-led global leader in technology services and consulting. It is my privilege to be a part of Wipro’s ambitious transformation journey and I look forward to driving the firm’s growth charter across APMEA.”
Lorenzen, to be based out of Dubai, comes to Wipro with over two decades of expertise in strategic account management, large deals pursuits and sales excellence.
Previously, he held a series of progressively higher positions in companies such as Hewlett Packard (HP), Injazat and Nilfisk, in which at HP, Lorenzen achieved the firm’s highest accreditation for Account General Managers responsible for driving growth in corporate accounts.
-- BERNAMA
Leading APMEA’s sales, marketing and partnerships teams, Lorenzen will also work closely with Wipro’s Growth Office, bringing together the best of the company’s integrated capabilities and global scale to customers in the region.
In a statement, Wipro Limited Chief Executive Officer – APMEA, Anis Chenchah said he is delighted to welcome Lorenzen to the leadership team.
“With his international experience, particularly in sales and large deal management, as well as partnership management, I am confident that Soeren will contribute effectively to realising our growth ambitions across APMEA,” added Chenchah.
Meanwhile, Lorenzen said: “I am excited to join Wipro, a purpose-led global leader in technology services and consulting. It is my privilege to be a part of Wipro’s ambitious transformation journey and I look forward to driving the firm’s growth charter across APMEA.”
Lorenzen, to be based out of Dubai, comes to Wipro with over two decades of expertise in strategic account management, large deals pursuits and sales excellence.
Previously, he held a series of progressively higher positions in companies such as Hewlett Packard (HP), Injazat and Nilfisk, in which at HP, Lorenzen achieved the firm’s highest accreditation for Account General Managers responsible for driving growth in corporate accounts.
-- BERNAMA
Thursday 4 May 2023
Expereo Hires CFO, Corporate Development Officer To Expedite Global Growth
KUALA LUMPUR, May 3 (Bernama) -- Expereo, the Global Managed Services Provider that specialises in internet connectivity worldwide, has appointed Adee Packer as Chief Financial Officer (CFO), and Remy Lammertsma as Corporate Development Officer.
In a statement, Expereo said the two major updates to the company’s Executive Team will support its growth ambition, with merger and acquisition (M&A) opportunities and strong financial performance.
The appointments come as Expereo enters the next major phase in its ambitious growth journey, to bolster the company’s position as the leading intelligent internet platform built for the digital enterprise.
“Adee brings great experience, insights and skills to Expereo. We are thrilled to add an accomplished financial leader to our global leadership team, working with us to achieve our ambitious growth goals over the next year and beyond,” said its Chief Executive Officer, Irwin Fouwels.
Packer will lead Expereo’s global financial function as the company continues to gain market share and deliver secure, intelligent, enterprise grade, global connectivity. In his previous role, he served as Group CFO and Chief Technology Officer at Refresco.
“I am excited to join such an accomplished and innovative team and look forward to the opportunity to contribute to Expereo’s continued global growth. Expereo has a wealth of knowledge in internet connectivity, and I am thrilled to support them in empowering enterprises to meet the business demands of today,” said Packer.
Lammertsma, who formerly held the position of CFO at Expereo for more than seven years, will now served as Corporate Development Officer supporting Packer with the running of tight financial operations, and will be responsible for driving M&A ambitions, a key pillar for growth and market leadership in this next phase of growth for the company.
-- BERNAMA
Amii Welcomes Global AI Community To Annual Upper Bound Event, May 23-26
KUALA LUMPUR, May 3 (Bernama) -- Alberta Machine Intelligence Institute (Amii) welcomes artificial intelligence (AI) community worlwide to Edmonton, Alberta, Canada for the Upper Bound event on May 23-26.
In a statement, Amii said the multi-day event, with diverse programming is catered for AI researchers, industry leaders, pop culture enthusiasts and anyone who has ever been curious about AI.
Upper Bound will take over Edmonton with a full event schedule and more than 100 events taking place in the downtown core including keynotes, panels, demos and socials from world-leading AI researchers and innovative business leaders.
This year keynote speakers include trailblazing AI researcher and Amii Chief Scientific Advisor, Richard S. Sutton; Amii Chief Executive Officer, Cam Linke; Executive Director of Sony AI America, Peter Stone; and Amii Fellow & Canada CIFAR AI Chair, Marlos Machado.
“Upper Bound puts a spotlight on Alberta’s AI leadership and legacy and is a celebration of AI that welcomes everybody to learn, network, discuss and join in on the conversation.
“This is an invitation for the world’s AI community to experience the best of what Amii and Canada has to offer in scientific excellence, start-up creation and industry application, so they can leave inspired by the connections they have made, the information learned, and their ambitious ideas realised,” said Linke.
Scheduled events include Academic Symposium, Panels on AI in industry; AI & Culture, high-energy and fun events for all AI enthusiasts; as well as Social and networking opportunities.
Last year more than 2,000 attendees from 38 countries attended the inaugural event. Amii awarded Talent Bursaries to over 500 global recipients to cover travel and accommodation costs with over 69 per cent of recipients self-identified as members of underrepresented groups in Science, Technology, Engineering and Mathematics (STEM).
-- BERNAMA
Wednesday 3 May 2023
Planview Leader In April 2023 Gartner Magic Quadrant For Strategic Portfolio Management
KUALA LUMPUR, May 2 (Bernama) -- Planview has announced being named a Leader in the April 2023 Gartner Magic Quadrant for Strategic Portfolio Management for the second year in a row, based on its Completeness of Vision and Ability to Execute.
“At Planview, our goal is to unleash the power of connected work for organisations worldwide. For many companies, this means successfully executing their organisation’s transformation and cross-functional strategic initiatives, especially in times of significant change.
“To make this shift, leaders must eliminate the disconnects between strategy and delivery that slow down response times and make trade-off decisions and reprioritisation difficult.
“Our solution helps companies to stay ahead of the curve with scenario planning and prioritisation, driving business results in any environment,” said Planview Chief Product Officer, Louise K. Allen in a statement.
By 2025, 70 per cent of digital investments will fail to deliver the expected business outcomes due to the absence of a strategic portfolio management (SPM) approach, according to Gartner.
Planview’s SPM solution enables organisations to adapt to disruption and drive success in strategy execution and transformation by improving speed-to-value and market responsiveness, increase confidence in strategic investments, and unlock organisational capacity for priority initiatives.
By creating business agility and reducing the disconnects between strategy, teams and outcomes, organisations can adapt to disruption and deliver business success faster and with more confidence.
The company was also recognised in the Gartner companion research to the Magic Quadrant, the Critical Capabilities for Strategic Portfolio Management, which evaluates vendors on a set of product features and capabilities and discusses how those apply to important Use Cases.
Planview, the leading platform for connected work from portfolio planning to delivery, empowers enterprises to improve time-to-market and predictability, increase efficiency to unlock capacity, and ensure their most strategic initiatives deliver the desired business outcomes.
-- BERNAMA
VENTI TECHNOLOGIES NEW APPOINTMENTS IN OPERATIONS EXPAND LEADERSHIP TEAM
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| Venti's new appointments: Foo Sing Ho (left), VP of Operations and Safety, and Dave Friedman, COO (Photo: Business Wire) |
KUALA LUMPUR, May 3 (Bernama) -- Venti Technologies, an autonomous logistics leader for global supply chain and industrial hubs, has appointed Dave Friedman as Chief Operating Officer (COO) and Foo Sing Ho as Vice President of Operations and Safety.
According to a statement, following its recent Series A funding round in March, Venti Technologies has expanded its leadership team to help scale its full-scope autonomous vehicle solutions and meet customer demand for the automation of logistics and industrial hubs.
“The heart and soul of Venti Technologies is our team. I am pleased to have Dave and Foo Sing on board to accelerate our global growth.
“The expansion of our leadership team and successful close of our A-round position Venti to lead the development of autonomy for safer and more efficient supply chains and logistics hubs,” said its Founder and Chief Executive Officer, Heidi Wyle.
Friedman joined Venti in 2020 as a Board member and acting Chief Financial Officer. As COO, he leads the company’s commercial functions, including sales, business development and finance, and also responsible for the day-to-day management of the Singapore office.
“I am honoured to take on the role of COO at Venti Technologies and continue my journey with this exceptional team that has already achieved so much in advancing transportation," said Friedman.
Meanwhile, Ho joins Venti Technologies after 40 years of leadership in the military and private sector, including a 35-year career in the Singapore Air Force where he served as a colonel and base commander.
As Vice President of Operations and Safety, Ho leads the operationalisation of Venti’s autonomous systems for customers, training and remote operations, as well as the company's safety function.
-- BERNAMA
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