Rajiv Dingra launches global transformation network powered by deep tech, gig economy

Rajiv Dingra, Founder & CEO, RD&X Network

KUALA LUMPUR, Oct 30 -- Rajiv Dingra, who previously was Founder and Chief Executive Officer of WATConsult, a digital agency part of global network Dentsu International, has launched his latest entrepreneurial venture, RD&X Network.

It is a deep-tech network that will drive brand, business, media and data transformation helping businesses globally become real-time, disruptive and thereby achieve exponential growth.

RD&X Network endeavours to leverage the impending deep tech and business model disruption across marketing, advertising, media and business consulting with its unique transformational offerings.

According to a statement, an initial corpus of US$10 million has been committed for its organic and inorganic growth worldwide. (US$1 = RM4.157)

Aiming to be a geography agnostic and remote-first company, its expansion plans include strategic acquisitions and investments in early-stage companies in areas of deep tech, gig economy, mar-tech and ad-tech.

Parallelly, inhouse flagship solutions are also currently under development.

While the India hub will serve as a global capability centre powering shared services and technology, there will be three international hubs in the US, EMEA and SEA, respectively.

These hubs will function as centres of excellence offering brand, business, media and data transformation services.

RD&X Network is currently in advanced stages of discussion with multiple disruptive early-stage companies in each of these markets to join the network and plans to be fully operational across global markets by end of Q2 2021.

-- BERNAMA

Starr’s marine division programme offers terminal operations risk reduction

KUALA LUMPUR, Oct 28 -- Starr Marine, a division of Starr Insurance Companies (Starr), recently introduced a comprehensive programme to identify and reduce risks unique to marine terminal operations of all sizes.

According to a statement, the Terminal Management System (TMS) Assessment Program is a proprietary tool created to measure terminal operations against industry best practices.

Using independent marine surveyors, the Starr Marine Loss Control Services Team works with the terminal’s management to conduct a thorough on-site evaluation and review of operational, maintenance and safety procedures.

The assessment provides clients with a benchmarked score and detailed recommendations to enhance risk management initiatives and loss control plans for their operations.

“Our efforts to develop the TMS tool predates the recent spate of high-profile port losses,” said Starr Marine senior vice-president and head, Matthew Davis.

“Events like these, however, are a reminder of why Starr’s loss control approach is central to how we work with clients – to prevent losses before they happen.”

Starr is a leading insurance and investment organisation, providing property, casualty, and accident and health insurance products as well as a range of specialty coverages including aviation, marine, energy and excess casualty insurance.

-- BERNAMA

EMPLOYEE WELFARE AND INCLUSION KEY FOR A PURPOSE DRIVEN SUSTAINABILITY AGENDA

LONDON, Oct 27 (Bernama-BUSINESS WIRE) -- The Coronavirus pandemic has propelled organisations to redefine what purpose means for their business.

According to global market research company Euromonitor International’s report Rethinking Sustainability: No Purpose, No Gain, one in eight businesses didn’t provide sick paid leave to employees, and just 3.2% offered childcare support to their workforce, amid a global economic recession. This illustrates the need for businesses to move away from a traditional ‘for-profit’ approach by putting people at the heart of their purpose.

Insights from the report show that business engagement with the Sustainable Development Goal ‘Decent work and economic growth’ (SDG8) increased by 6.7% after the outbreak, the highest of all SDGs. As a result, 39% of businesses plan to invest in employee health and welfare to prevent similar public health risks, while 71% intend to expand remote working, flexible hours and promote work-life balance.

Social purpose has also been brought to the fore with ‘Reduced inequality’ (SDG10) which increased by 1.4% this year, the fourth highest of all SDGs. “Addressing racial inequality has become increasingly important, especially following the recent Black Lives Matter protests, and companies are working towards increasing the diversity of their workforce,” comments Maria Coronado Robles, Senior Sustainability Consultant at Euromonitor International.

http://mrem.bernama.com/viewsm.php?idm=38517

LeddarTech to present, exhibit at 3 major digital events, beginning next week

KUALA LUMPUR, Oct 27 -- LeddarTech®, a global leader in Level 1-5 ADAS and AD sensing technology, will participate and exhibit various solutions for automotive and mobility customers at three major digital events next month.  

According to a statement, the digital events are Autonomous Vehicles Online (Nov 4); Smart Cities Experience (Nov 5); and, AutoSens Conference & Exhibition (Nov 18).  

To be presented by its Chief Technology Officer, Pierre Olivier, Autonomous Vehicles Online event will provide insight into the future trends that will shape the self-driving car industry and offer opportunity to boost knowledge surrounding safety and security challenges.  

Besides that, Smart Cities Experience is an e-learning community event, providing civic leaders with knowledge needed to conceptualise and plan the implementation of a Smart City project.

LeddarTech President and COO, Frantz Saintellemy will present - Electric and Autonomous Shuttles, An Ecological and Economical Solution for Cities and Municipalities - to be conducted in French.  

On the other hand, Ronny Cohen, Senior Director – LeddarTech Sensor Fusion and Platform Research & Development Center will present on Raw Sensor Fusion: Creating a Robust Environmental Model to Address Functional Safety and Enable Autonomous Driving.  

More details on LeddarTech’s upcoming in-person and virtual events, visit https://leddartech.com/events 

-- BERNAMA

NTTVC PUBLICLY ANNOUNCES $500 MILLION FUND CREATED IN PARTNERSHIP WITH NTT

 

Venture capitalist and entrepreneur Vab Goel established the firm to help rapidly scale startups from concept to global relevance

First five investments are driving the future of enterprise and digital health

PALO ALTO, Calif., Oct 27 (Bernama-BUSINESS WIRE) -- NTTVC today publicly announced its $500 million fund to help startups reach rapid global scale by harnessing the power of partnership. The independent venture capital firm was founded by entrepreneur and investor Vab Goel in collaboration with global technology service provider NTT. The firm is also announcing investments in five startups delivering impactful innovations for businesses and consumers: Celona, Eko, nference, Shoreline and UDP Labs.

This press release features multimedia. View the full release here: 
https://www.businesswire.com/news/home/20201026005262/en/

 

NTTVC invests broadly across all stages and sectors, with an emphasis on the future of enterprise, digital health and innovations powered by AI, machine learning and data. By combining the deep relationships of its investment team with the reach of NTT, the firm offers access to a robust network of industry experts, customers, entrepreneurs, business leaders, system integrators and service providers who can help startups make better decisions, more quickly.

NTT is a $109 billion, top five global technology service provider serving 75 million mobile subscribers, 3 million businesses and 120,000 enterprise customers with a local presence in over 80 countries. The company has a long history of embracing startups and helping them achieve global scale. By partnering with Goel to form a returns-driven venture capital fund, NTT deepens its commitment to building long-term relationships in the entrepreneurial ecosystem. In turn, NTTVC portfolio companies have the choice and opportunity to sell to, through and with NTT to help scale their businesses.

“Our mission is to use technology for good to solve social challenges for people, clients and communities,” said Jun Sawada, President and CEO of NTT Corporation. “We have always believed that the startup ecosystem is essential to delivering on that promise, which is why we chose to partner with NTTVC to fuel the next generation of world-changing technologies.”

Collectively, the NTTVC team has founded, advised, scaled and invested in over a hundred startups. Their drive for supporting entrepreneurs stems from their direct experiences as founders and venture capitalists. Prior to founding NTTVC, Goel was a Partner at Norwest Venture Partners for 19 years and helped build many of the foundational technologies of today’s Internet as an entrepreneur, venture capitalist and technologist. Partner Fay Hazaveh Costa worked closely with Goel at Norwest Venture Partners and previously helped launch Hewlett Packard Enterprise’s venture group. Mike Koenig, Portfolio Development Partner, is a seasoned sales and business development leader who was an early executive at two startups backed by Goel. Koenig supports NTTVC portfolio companies through impactful connections with the firm’s network.

http://mrem.bernama.com/viewsm.php?idm=38512

International Forum on Zero Trans-Fat Oil takes off in Shanghai

KUALA LUMPUR, Oct 27 -- The International Forum on Zero Trans-Fat Oil was recently organised by the Grease Branch of the Chinese Cereals and Oils Association and Yihai Kerry Group in Shanghai, China.

Co-organised by oil provider Arawana Sunshine, the event was in response to the Chinese food sector to WHO's REPLACE action package, as the emergence of trans-fat-free cooking oils indicates China is about to enter the 5G oil era.

According to a statement, WHO estimates that annually, trans-fat intake results in over 500,000 deaths caused by cardiovascular diseases.

WHO expert, Professor Jennifer Coates said at the forum: “More than 40,000 Chinese per one million of the population are at risk from intake of trans-fatty acids (TFA).”

Based on the report Risk Assessment of Dietary Trans-Fatty Acids Intake in the Chinese Population released in 2012, about half the TFA intake of Chinese people in large cities came from cooking oils.

Thus, Yihai Kerry Group has invested more than 200 million yuan in systematic and comprehensive research into green processing technology with precision and moderation factored in, and accelerated it into industrial application. (100 yuan = RM62.12)

In addition, the company has launched the healthy oil era of Arawana Sunshine Zero Trans-Fat Vegetable Oils, whereby currently Arawana Sunshine has marketed corn oil, sunflower seed oil, canola oil and soybean oil under the Sunshine brand.

Arawana is pursuing a new international path with its Sunshine Zero Trans-Fat Vegetable Oils to implement the REPLACE action package and offer more dining options for Chinese people.

-- BERNAMA

Innovation key to travel recovery amid COVID-19 - Euromonitor International

 KUALA LUMPUR, Oct 26 -- Euromonitor International will explore how innovation would be the key to kickstart travel recovery, as businesses try to bounce back while digitalisation and sustainability accelerates.

According to the global market research company in a statement, the report titled ‘Accelerating Travel Innovation after Coronavirus’ will be presented virtually at WTM London on Nov 9.

The travel industry is showing resilience, agility and strength in times of adversity, and innovation is a key vehicle for adapting to the new normal and moving towards recovery.

To create a safer environment for travellers, the use of AI and automation accelerated, reinventing the customer journey.

Virtual experiences became popular with European cities introducing ‘off the beaten path’ virtual tours led by locals; while contactless and self-service, now commonly used, are reinforced with stricter hygiene and social distancing measures.

“Globally, over a fifth of consumers consider permanently shifting away from international travel with the desire to reduce carbon emissions and stay closer to home,” said Euromonitor International head of travel research, Caroline Bremner.

“This message is reinforced in regions such as Scandinavia and Europe, where 65 per cent of travel businesses in the Nordics are implementing a sustainability strategy, 10 per cent higher than the global average.”

-- BERNAMA

Leading Cloud Services Provider Program Partners Embrace SAP HANA Integration With HYCU For Google Cloud

Recently Introduced Cloud Services Provider Program Seeing Rapid Global Growth from Partners That Need Cloud-native, 1-click Data Protection as a Service

BOSTON, Oct 23 (Bernama-GLOBE NEWSWIRE) -- HYCU, Inc., a pioneering enterprise software company specializing in multi-cloud data backup and recovery, today announced leading Cloud Services Providers (CSPs) globally are first to deploy HYCU’s latest innovation and enhanced support for SAP HANA (See related release, “HYCU Delivers New SAP HANA Data Protection as a Service Solutions for Google Cloud.”) CSPs that have joined the HYCU Cloud Services Provider Program are able to leverage HYCU Protégé as a comprehensive data management solution to accelerate their customers’ multi-cloud journey. The program also provides partners a co-branded service that can deliver data migration, data protection, and disaster recovery as a service.

“Since introducing our Cloud Services Provider Program the global reception has exceeded our expectations,” said Bogdan Viher, VP, International Sales, HYCU, Inc. “Google Partners in particular recognize the importance of purpose-built data protection, available directly from the Google Cloud Marketplace, that is easy to deploy and manage for their customers. With our latest innovation and Backint Support for SAP HANA, they now have a powerful solution to offer customers. We couldn’t be more excited at what our engineering team has been able to accomplish with this milestone and providing our partners with this significant support.”

CLOUDPORT, a Google Cloud Partner with more than ten years of expertise in Cloud Migration, Enterprise Collaboration and Smart Application Development, noted, “We are excited to see a backint-certified native Google Cloud backup solution available for our customers,” said Fiifi Baidoo, Founder and Chief Architect, CLOUDPORT. “We’re supporting a growing number of organizations to migrate from their traditional legacy environment to Google Cloud’s environment and enjoy some of the unique benefits of the Google-SAP partnership. Hearing from HYCU that they’ve launched SAP on Google Cloud Backup, was absolutely thrilling and the perfect way to close the gap. We are reluctant to close new partnerships easily as we believe that a great partnership requires focus and dedication. HYCU not only delivers a great, simple to use and highly innovative product to suit our customers needs well, they are an amazing partner to work with. Truly dedicated to supporting CLOUDPORT in delivering a great service and making an impact for our customers.”

Hansjörg Jäckel, SAP Expert, at Cloudwürdig GmbH, a German-based Premier Google Cloud Partner, with more than 35 years in implementing innovative and disruptive technologies, added, “In order to be able to easily operate or migrate a SAP system landscape successfully and efficiently in the cloud, there are three success factors. First, you need a simple, configurable, yet at the same time smart orchestrated Infrastructure-as-a-Service [IaaS] solution like Google Cloud’s platform. Second, you need an automation engine that reliably handles comprehensive back-up, data recovery and migration / cloning tasks. Third, you need an implementation partner, that has in-depth Google Cloud know-how and certified SAP knowledge at the same time. HYCU is setting the highest standards with its new SAP S/4HANA BackInt Solution and we’re excited to be working together.”

Incentro, a Google Premier Partner with more than ten years of experience in cloud migration, Enterprise Collaboration and smart application development, needed the right cloud-native data protection solution for its growing cloud team in Africa. “We need to make sure we are ready to support companies opening up their time to innovate and grab that competitive advantage by reducing time spent on operational maintenance. From Hybrid Cloud to a Full Cloud, native infrastructure, we meet our customers where they are and help them get there,” said Dennis de Weerd, CEO Incentro Africa. “Our customers were excited to see a backint-certified native Google Cloud backup solution. We’re supporting a growing number of organizations to migrate their SAP environment to Google Cloud and enjoy some of the unique benefits of the Google and SAP partnership. Hearing that HYCU had the first in its kind SAP on Google Cloud Backup support was absolutely thrilling and the perfect way to close the gap, offering.”

http://mrem.bernama.com/viewsm.php?idm=38491​

Madison Realty Capital grants MAG Partners construction loan on affordable residential building

KUALA LUMPUR, Oct 23 -- Madison Realty Capital has granted MAG Partners a US$173 million construction loan that will allow work to commence next month on a 480-unit rental residential building in Chelsea. (US$1 = RM4.14)

According to a statement, the project will be developed under the Affordable NY programme with 30 per cent of its units reserved for low and middle-income New Yorkers.

It is a joint venture between MAG Partners, Safanad, Atalaya Capital Management and Qualitas, one of the biggest asset managers in Australia.

“This marquee 480-unit multifamily rental building, located within a few blocks of Hudson Yards and other prominent tech tenant expansions on the west side, will be one of the only new multifamily rental projects built in Manhattan in the next few years,” said Madison Co-Founder and Managing Principal, Josh Zegen.

“This is an incredibly desirable location as major tech companies continue to sign big leases within walking distance, and we expect to see very strong long-term demand for this property when it opens in 2022,” said MAG Partners Founder and Chief Executive Officer, MaryAnne Gilmartin.

MAG Partners acquired the site in December 2018 via a 99-year ground-lease with Edison Properties and the development is expected to be complete in late 2022.

The construction financing was arranged by Adi Chugh of Maverick Commercial Properties, while Jeff Rosen from MAG Partners has represented ownership. The financing supports construction throughout the estimated 30-month construction period.

MAG Partners selected Rick Cook and COOKFOX, a firm that is the best and most prolific team for innovative contextual and sustainable development in New York to design the building.

-- BERNAMA

Alphawave IP Receives Prestigious 2020 TSMC OIP Partner Of The Year Award For High-speed SerDes IP

 TORONTO, Oct 22 (Bernama-GLOBE NEWSWIRE) -- Alphawave is pleased to announce that it has been recognized by TSMC as a recipient of 2020 OIP Partner of the Year Award for High-Speed SerDes IP. The OIP Partner of the Year awards honor TSMC Open Innovation Platform® (OIP) ecosystem partners like Alphawave demonstrating excellence in next-generation system-on-chip (SoC) and 3DIC design enablement over the past year.

Alphawave joined the TSMC IP Alliance program in March 2019, as a part of the TSMC Open Innovation Platform® (OIP), which accelerates innovation in the semiconductor design community. The 2020 TSMC OIP Partner of the Year award was given to Alphawave based on Alphawave’s multi-standard Serializer-Deserializer (MSS) technologies made available to customers on the TSMC 7nm and 5nm process technologies.

“The TSMC OIP Partner of the Year award for High-Speed SerDes IP is a prestigious honor for me personally, and the entire Alphawave team. In just three short years since we were founded, we have built a compelling portfolio of high speed interface IPs for TSMC processes and their customers. The OIP Partner of the Year award validates the tremendous customer successes we have experienced in both TSMC 7nm and 5nm processes,” said Tony Pialis, President and CEO of Alphawave. “As we innovate and expand our portfolio with TSMC in 5nm and beyond, we look forward to continue enabling our mutual customers globally. We are proud to be part of the effort in helping customers achieve silicon success.”

“I’m pleased to congratulate Alphawave as the winner of the 2020 TSMC OIP Partner of the Year award for High-Speed SerDes IP,” said Suk Lee, Senior Director of Design Infrastructure Management Division at TSMC. “We look forward to our continued partnership to address customers’ design challenges and extend the development of PPA-optimized design platforms for HPC, automotive, and AI/ML applications.”

The title of OIP Partner of the Year is awarded to partner companies achieving the highest standards of design, development, and technology implementation to accelerate silicon innovation. Alphawave will continue working with TSMC to enable next-generation SoC and 3DIC designs with certified solutions and services using TSMC’s latest technologies.

Additional information is available at the TSMC Press Center 

https://www.tsmc.com/tsmcdotcom/PRListingNewsAction.do?action=detail&language=E&newsid=PGGOISPGTH.

​http://mrem.bernama.com/viewsm.php?idm=38470

Educate Girls' solution selected at MIT Solve's Learning for Girls & Women challenge 2020

KUALA LUMPUR, Oct. 22 -- Educate Girls, a non-profit working in remote, rural regions of India, has announced its solution to ‘Empower 1.5 million girls to go to school’ has been selected as one of the 2020 new Solver class at MIT Solve Challenge Finals.

According to a statement, MIT Solve, an initiative of the Massachusetts Institute for Technology, is a marketplace for social impact innovations.

The incoming 2020 Solver Class was selected by Solve’s expert judges from a pool of over 2,600 applicants from 135 countries.

“Our programme model is focused on behavioural, social and economic transformation to ensure all girls get access to quality education. We leverage advanced analytics and community outreach to ensure higher enrolment, retention and improved learning outcomes for out-of-school-girls,” said Educate Girls Founder, Safeena Husain.

Making it to the top seven in the Learning for Girls and Women category, Educate Girls is now among 2020’s new Solver Class of 35 tech-based social entrepreneurs that address global challenges through their innovative social change solutions.

Educate Girls’ solution directly addresses this year’s challenge of how marginalised girls and young women can access quality learning opportunities to succeed.

More details at www.EducateGirls.ngo.

-- BERNAMA

China’s MYbank unveils financial programme for 11.11 Global Shopping Festival

KUALA LUMPUR, Oct 21 -- MYbank, an online private commercial bank in China, has announced a programme to provide RMB 400 billion of collateral-free credit to businesses in need as they gear up for this year’s 11.11 Global Shopping Festival. (RMB 100 = RM62.32)

“For many SMEs across China, the 11.11 Global Shopping Festival this year has added significance and presents an important opportunity to strengthen business continuity and growth,” said MYbank President, Jin Xiaolong.

“We are dedicated to supporting them at this critical time and to alleviate turnover pressure by extending our collateral-free financing offer to businesses that have received pre-sale orders.”

As part of the dedicated programme, MYbank is offering a total of RMB 200 billion in short-term loans to help small and micro business owners overcome the economic impact of the COVID-19 pandemic.

This enables business owners, particularly smaller vendors with more immediate capital needs, to receive payments in full once buyers place their pre-orders, in turn shortening the payment cycle and turnover by up to about 20 days, according to a statement.

The financing service, in line with MYbank’s commitment to supporting the sustainable growth of SMEs, is made available to merchants ahead of the 11.11 Global Shopping Festival.

Established in 2015, MYbank was the first bank in China to establish its core banking system entirely on the cloud without any physical branches.

-- BERNAMA

Pulse Secure unveils outstanding business, partner growth in Asia Pacific Japan region

KUALA LUMPUR, Oct 21 -- Pulse Secure, a software-defined Secure Access solutions provider, has announced exceptional business and partner growth across the Asia Pacific Japan (APJ) region, for the first half of 2020.

Robust demand for Pulse Secure Zero Trust and remote access solutions has resulted in a more than 18 times increase in overall subscriptions, and over 260 per cent growth in new business revenue, year-over-year.

Registering five consecutive growth quarters since 2019, Pulse Secure has garnered tremendous support from new and existing customers in the APJ region, according to a statement.

In the wake of the COVID-19 health crisis, Pulse Secure has launched its Pulse Cares programme to help customers support work-from-home initiatives and business continuity through expedited sales and service response.

To address the exponential business growth in APJ, Pulse Secure has expanded its footprint across the region with new offices opening in China, Korea and Australia to complement existing direct presence in Singapore, India and Japan.

“We are committed to serving our customers and partners as they take advantage of mobile and cloud computing through our continued investment and expansion of the reach and scale of our regional business,” said Pulse Secure APJ Vice-President, Joe Signorelli.

Pulse Secure has also bolstered its partner network and channel footprint in APJ, through the appointment of new distributors, resellers and training partners that are aligned with its go-to-market strategy across focused industries and customer segments.

More details at www.pulsesecure.net.

-- BERNAMA

Teledyne Imaging's new Z-Trak2 3D sensor family delivers up to 45,000 profiles per second

KUALA LUMPUR, Oct 21 -- Teledyne Imaging has launched Z-Trak™2, its newest family of 3D profile sensors, built on its 3D image sensor technology, ushering in a new era of 5GigE 3D profile sensors for high-speed, in-line 3D applications. 

According to a statement, models deliver scan speeds of up to 45,000 profiles per second and features built-in HDR and reflection compensation algorithms to handle surfaces with varying degrees of reflectivity in a single scan.

This delivers in-line height measurements for inspection, detection, identification, and guidance in electronics, semiconductor, automotive and factory automation markets segments.

Offering 2,000 points per profile, all Z-Trak2 models are factory calibrated and offered with either blue or red eye safe lasers to suit various surface properties and operating environments.

All sensors are housed in IP67 enclosures for harsh environments and come bundled with Teledyne Imaging’s Sherlock 8 — a point-and-click, rapid application development software package.

In the same statement, Teledyne Imaging also introduced the Sapera Z-Expert with the release of Sapera LT SDK ver. 8.60. Z-Expert offers a graphical configuration environment for rapid set-up and configuration of the Z-Trak family of 3D profile sensors. 

-- BERNAMA

Srijan Technologies Software Development partner for Singapore’s Mediacorp

KUALA LUMPUR, Oct 21 -- Srijan Technologies Pte Ltd has been appointed Software Development partner to Singapore’s national media network, Mediacorp.

This is to upgrade customer experience portals to a modern digital platform powering Mediacorp’s Digital Products (Website and Mobile Apps).

According to a statement, Srijan won the business via competitive tender and will execute the engagement running over 36 months, with brand experience agency, VMLY&R as design partner.

The engagement scope includes UI-UX design, solution architecture, core platform development, brand site launches and support.

Srijan is using its proven Component-and-Layouts approach to deliver streamlined editorial workflows and improved User Experiences across the brand’s digital properties.

The digital experience will also look at the whole consumer journey, including customer experience across its digital brands.

Srijan Technologies is Asia’s largest Drupal company, providing businesses with out-of-the-box solutions for digital presence and content. Headquartered in India, Srijan operates in nine countries.

-- BERNAMA

COVID-19: Vonage unveils report on global customer engagement landscape

KUALA LUMPUR, Oct 22 -- Vonage, a global leader in cloud communications has released a new report, ‘COVID-19 Reshapes the Global Customer Engagement Landscape’.

The report details changing consumer preferences and behaviours and how businesses and service providers need to transform their customer engagement strategies to become more agile and adapt to changes driven by the COVID era.

Key findings demonstrate that the pandemic accelerated the adoption of newer communication channels while increasing fragmentation in channel preferences, especially in the ways that consumers interact with businesses and service providers.

To connect with consumers today, businesses must turn to less traditional channels and employ technology, such as APIs, that allow them the flexibility to embed programmable capabilities - voice, video, messaging and verification - directly into existing applications and workflows.

Since January, globally, there has been 140 per cent growth in the number of people who prefer to connect with businesses via video, according to a statement.

Video chat has also become a mainstream addition to people’s everyday lives, and U.S. adoption has experienced four years of growth in just seven months, with 43 per cent of Americans now video chatting with businesses regularly, up from 28 per cent in January.

In addition, emerging communication channels that saw an increase in preference include voice calls and messaging via social messaging apps, and chatbots. The communication channels that experienced a decrease in preference since January included landline phone calls, email, and SMS text messaging.

Organisations must always be agile and ready to adapt to changes in the market, but 2020 has made the call for agility even louder.

With lockdowns and social distancing likely to continue for the foreseeable future, organisations across all industries can successfully adapt to the new normal through the ability to deliver goods and services remotely.

-- BERNAMA

Southeast Asian reinsurers look to life, health for growth - AM Best report

KUALA LUMPUR, Oct 20 -- Although many reinsurers operating in Southeast Asia recorded underwriting losses last year from perennial challenges, the region still offers significant growth potential given the hardening market conditions and greater demand for health coverage amid the pandemic.

The new Best’s Market Segment Report, ‘Southeast Asian Reinsurers Look to Life and Health for Growth’ states that many domestic reinsurers in Southeast Asia posted solid premium growth last year, although these increases generally did not translate to favourable underwriting results.

However, there are signs the reinsurance market in the region may improve, according to a statement from a global credit rating agency, AM Best.

The exit of several reinsurance underwriters from the region and tightened underwriting practices of global reinsurers amid the COVID-19 pandemic have reduced capacity and increased rates.

At the same time, the ongoing pandemic has accelerated the growth trend in the life and health insurance segment, as demand for coverage has risen, with consumers having become increasingly aware of the benefits.

Given that the penetration of health insurance remains very low, AM Best expects the growth in this segment to continue to outpace other classes of business in the region.

While the rapid expansion of the health line of business will lead to heightened underwriting risks, AM Best expects the balance sheet strength of the domestic reinsurers to remain solid.

The life and health business typically has no exposure to catastrophic risk and tends to be more stable than the traditional property/casualty businesses, and therefore is subject to lower capital requirements as compared with the commercial business lines.

More details at www.ambest.com.

-- BERNAMA

PSAV links presenters, attendees in live, virtual, hybrid environment

KUALA LUMPUR, Oct 21 -- PSAV, a global leader in event experiences, has launched Presentation Stages™, a remote presentation environment that creates a familiar stage setting to bridge presenters and attendees together in a live, virtual or hybrid environment.

Combined with its MeetSAFE™ guidelines, the Company’s health and safety protocols, Presentation Stages offer a clean and safe pre-built location to produce, record and/or broadcast a high-quality online event.

As companies move forward with initiatives such as new product launches, training sessions or sales kick-off meetings, PSAV has created an event solution with a broadcast quality stage, far exceeding production values available from the typical home or office.

Presentation Stages are equipped with critical broadcast technology and staging equipment that helps elevate event messaging and engagement. Presenters broadcast from one or several Presentation Stage locations, eliminating the need to travel, according to a statement.

“While we are starting to see live events slowly come back through our production of thousands of in-person events during the months of August and September, our Presentation Stage solution is the outcome of our latest work to continue meeting the evolving needs of our customers in this challenging environment,” said Product Management SVP, Annette Moody.

Presentation Stages are just one of the many virtual, hybrid and live event solutions designed to help keep customers meeting, connecting and inspiring.

More details at www.psav.com/presentation-stages.

-- BERNAMA

MULTI-BILLION DOLLAR OPERATOR PERSONAL CLOUD OPPORTUNITY REVEALED BY SYNCHRONOSS WITH ARTHUR D. LITTLE

Market dynamics creating inflection point for operator personal cloud revenue growth potential

BRIDGEWATER, N.J., Oct 21 (Bernama-GLOBE NEWSWIRE) -- Synchronoss Technologies (NASDAQ: SNCR) and Arthur D. Little reveal new analysis detailing that the total addressable market for personal cloud services will reach $8.9 billion by 2025 in the United States alone. The three key drivers of this trend are growth in mobile data generation and storage requirements, flat growth in free offerings by current market players, and continued evolution in personal cloud solution capabilities. The analysis shows that if the right strategy is adopted, the global personal cloud opportunity available to operators is valued between $15-$25 billion.

Personal cloud services provide for the storage of consumer data – photos, videos, documents and more – that can be accessed from any device. Telecoms operators today own only 1% of the U.S. personal cloud user base, giving them a tremendous growth opportunity. With smartphones as the primary place that people generate and store personal content, operators are in the driver’s seat as this market evolves and expands.

“In just the United States, the total addressable market for personal cloud services will reach $8.9 billion by 2025. Given that consumers already value and trust operators with their personal data, increasing ownership of the personal cloud user base is the greatest incremental revenue opportunity available to operators today,” said Jeff Miller, Interim President and CEO of Synchronoss Technologies. “Subscribers with operator-provided cloud services are four times more likely to use paid plans than subscribers with platform-provided clouds. Clearly, the market dynamics actively favor operators who capitalize on this growth potential. I believe operators can and will wrestle this opportunity to the ground.”

The $15-$25 billion global personal cloud opportunity available to operators is being driven by three main factors:

· Data generation: More and more consumer data is being generated by and stored on smartphones. Global data traffic generated through smartphones is poised to grow at a CAGR of 31% through 2025.
· Cloud adoption to cloud monetization: Personal cloud is now widely adopted, driven largely by ecosystem choices (the use of iOS, G-Suite, etc.) as opposed to active choices. Consumers value price, storage levels and interoperability. Security, privacy and data ownership are key significant trends as consumers look to primary central storage hubs which operators are primed to provide. Not only do operators have the opportunity to support the hardware, they can now become a one-stop-shop for all device and content data needs.
· Storage needs: As consumers exceed free personal cloud storage allowances, they will have to move to a paid personal cloud model. Operators are well-positioned to move subscribers to paid cloud plans, but they must meet expectations for a new and enhanced customer experience.

Sean McDevitt, Partner, Arthur D. Little, added that personal cloud represents a significant revenue opportunity for telecoms operators over the next five years. “The way we communicate, live, entertain, learn, stay healthy and work are changing and reinforcing this opportunity. Data generation continues to skyrocket, ‘free’ cloud storage offerings are full or nearly full, and consumers are having to make decisions about who they trust to safeguard their personal data and assets. With the right strategy, telecoms operators can make a strong play for the personal cloud market.”

Miller concludes: “Telecoms operators should implement short- and long-term strategies to conquer the personal cloud market. In the short term, this means increasing personal cloud app visibility and interoperability, and positioning cloud as a ‘hub app’ to increase trial and subscription rates. Longer term, a cloud-first philosophy that drives consumers to use operator-provided personal cloud for various applications is critical. Taking photos through the app, playing games through the app, and other similar activities will drive high app usage and provide consumers with something more valuable than just storage. Recently, we’ve heard a lot of talk about ownership of the consumer and how operators are losing control. The right cloud strategy will allow operators to seize a sizable piece of the personal cloud market once and for all, and create billions of dollars in revenue.”

About Synchronoss Technologies, Inc.
Synchronoss (NASDAQ: SNCR) transforms the way companies create new revenue, reduce costs and delight their subscribers with cloud, messaging, digital and IoT products and platforms supporting hundreds of millions of subscribers across the globe. Synchronoss’ secure, scalable and groundbreaking new technologies, trusted partnerships and talented people change the way TMT customers grow their businesses. For more information, visit us at www.synchronoss.com.

Contacts

Media
Anais Merlin
CCgroup (International)
T: +44 20 3824 9219
E: synchronoss@ccgrouppr.com

Diane Rose
CCgroup (North America)
T: +1 727.238.7567
E: diane@ccgrouppr.com

Investors
Todd Kehrli/Joo-Hun Kim
MKR Investor Relations, Inc.
investor@synchronoss.com

SOURCE: Synchronoss Technologies, Inc.

--BERNAMA

Cyber intelligence leader Prevailion recognised Gartner Cool Vendor

KUALA LUMPUR, Oct 20 -- Prevailion, a global leader in cyber adversary intelligence, has been recognised as a Gartner Cool Vendor in the latest Cool Vendors in Security Operations and Threat Intelligence report.

According to a statement, the Gartner report profiles ‘emerging vendors that security and risk management leaders should consider when evaluating emerging threats requiring the latest in security operations technologies’.

Through a global constellation of clandestine sensors, Prevailion actively monitors thousands of cyber attacks in real-time, including billions of malware communications, providing an unprecedented level of adversary intelligence that companies can use to protect their networks. “We are honoured to be selected by Gartner, which we believe validates the core technology behind our platform and the hard work and dedication of our team,” said Prevailion founder and chief executive officer, Karim Hijazi.

Prevailion is currently tracking over 28,000 compromised organisations worldwide, ranging from publicly traded companies and their supply chain partners to governments, universities and NGOs, among others. The company’s APEX Platform is a reliable source of information on thousands of unreported corporate breaches, and provides round-the-clock intelligence on new compromises, escalating breach activity and corporate remediation efforts.

More details at www.prevailion.com.

-- BERNAMA

Teledyne DALSA's technology developments at CMEF 2020 Technical Exhibition in Shanghai

KUALA LUMPUR, Oct 19 -- Teledyne DALSA, a Teledyne Technologies company and global leader in digital X-ray image sensing technology, is participating in the CMEF 2020 Technical Exhibition in Shanghai, China, beginning today.

At the four-day event, attendees are able to preview new software for tomosynthesis reconstruction and other technology developments specially tailored for economical and high performance imaging.

Teledyne DALSA will showcase its proprietary software for generic tomosynthesis reconstruction, which supports various imaging geometries and scanning approaches, according to a statement.

The new software technology enables X-ray tomosynthesis imaging modalities that speed the integration of X-ray detectors and deliver new opportunities for system-level innovation.

Teledyne DALSA’s full portfolio of groundbreaking CMOS imaging technology delivers superior resolution in real-time, with switchable saturation dose, high dynamic range, and calibration stability and unsurpassed low dose signal-to-noise performance.

The innovative Xineos CMOS X-ray detectors deliver superior quality and performance, and provide the best digital imaging solutions for mobile C-arm surgical systems, diagnostic 2D and 3D mammography, CBCT and other demanding X-ray imaging applications.

More details at http://teledynedalsa.com/imaging/markets/medical/

-- BERNAMA

Uniphore, NTT DATA sign multi-year deal to transform customer experience market

KUALA LUMPUR, Oct 20 -- In response to an increase in global demand for end-to-end customer service solutions, Uniphore and NTT DATA Services have entered into a definitive agreement to co-create new solutions to transform the customer experience market.

Based on internal projections and opportunities currently underway, this partnership could generate more than US$50 million in revenue over the next five years. (US$1 = RM4.14)

According to a statement, large enterprises will have access to a powerful platform with enhanced capabilities in intelligent automation, specifically suited for a new generation of contact centres.

Uniphore, NTT DATA sign multi-year deal to transform customer experience market: 

swIDch authentication solution champion in CyberSecurity Breakthrough Awards

KUALA LUMPUR, Oct 16 -- swIDch is the winner of the ‘Authentication Solution of the Year’ award at the 4th annual CyberSecurity Breakthrough Awards, conducted by CyberSecurity Breakthrough.

swIDch, a cybersecurity authentication technology startup, has once again been recognised for its BREAKTHROUGH technologies, as well as its industrial competitiveness and business innovation.

The company’s revolutionary technology, One Time Authentication Code (OTAC) identifies and authenticates users securely and efficiently, without the need for two-way connectivity and new infrastructure.

OTAC is a dynamic token, generated from a user's mobile device that does not duplicate and authenticate the user/devices with the code alone even in an off-network environment. 

According to a statement, it compensates for any weakness posed by static user credentials and heavy network reliance.

OTAC’s dynamic code can recognise who generated the codes and what device they used – eliminating the need for complex tokenisation infrastructure which reduces server load, as well as the costs associated with network traffic, maintenance and fraud compensation.  

For enterprises, OTAC provides ultimate flexibility on integration and business development.

CyberSecurity Breakthrough is a leading independent market intelligence organisation that recognises the world’s best information security technology companies and products.  

-- BERNAMA

Linedata offers latest innovation, Asset Management Platform - AMP

KUALA LUMPUR, Oct 19 -- Linedata, a global provider of credit and asset management technology, data and services, has unveiled its latest innovation, Asset Management Platform – Linedata AMP.

The dynamic suite of tools provides asset managers with an always-on approach to software, data and services by leveraging cloud technology to offer continuous integration and drive adaptability.

According to a statement, the rapidly changing nature of the asset management industry has increased the pressures to adapt to digital transformation, overcome regulatory hurdles, streamline business costs and meet the needs of a globalised customer base.

Linedata offers latest innovation, Asset Management Platform - AMP: Linedata offers latest innovation, Asset Managemen

Toshiba's 1200V silicon carbide MOSFET contributes high-efficiency power

Toshiba: a 1200V silicon carbide (SiC) MOSFET TW070J120B for industrial equipment including large capacity power supply. (Graphic: Business Wire)

KUALA LUMPUR, Oct 19 -- Toshiba Electronic Devices & Storage Corporation (Toshiba) has launched ‘TW070J120B’, a 1200V silicon carbide (SiC) MOSFET for industrial applications that include large capacity power supply, with shipments beginning today.

The power MOSFET using the SiC, a new material, achieves high voltage resistance, high-speed switching, and low On-resistance compared to conventional silicon (Si) MOSFET, IGBT products, therefore contributing to lower power consumption and system downsizing.

Fabricated with Toshiba’s second-generation chip design, which improves the reliability of SiC MOSFET, the new device realises low input capacitance, a low gate-input charge, and low drain-to-source On-resistance, according to a statement.

Compared with ‘GT40QR21’, Toshiba’s 1200V silicon insulated gate bipolar transistor (IGBT), it cuts turn-off switching loss by about 80 per cent and switching time (fall time) by about 70 per cent, while delivering low On-voltage characteristics with a drain current of 20A or less.

The new MOSFET will contribute to higher efficiency by reducing power loss in industrial applications, such large capacity AC-DC converters, photovoltaic inverter, and large capacity bidirectional DC-DC converters, and will also contribute to reduced equipment size.

Details on Toshiba Electronic Devices & Storage Corporation at https://toshiba.semicon-storage.com/ap-en/top.html

-- BERNAMA

Marble Reinsurance Corporation Credit Ratings affirmed excellent - AM Best

KUALA LUMPUR, Oct 16 -- AM Best has affirmed the Financial Strength Rating (FSR) of A- (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) of ‘a-’ of Marble Reinsurance Corporation (Marble Re) Micronesia.

In a statement, AM Best said the outlook of these ratings was stable.

The ratings reflect Marble Re’s balance sheet strength, which AM Best described as strong, as well as its strong operating performance, neutral business profile and appropriate enterprise risk management.

Marble Re’s balance sheet strength is underpinned by risk-adjusted capitalisation, as measured by Best’s Capital Adequacy Ratio, at the strongest level.

The company’s balance sheet strength also benefits from its low underwriting leverage and conservative investment portfolio.

Marble Re has a track record of favourable operating performance supported by a five-year average return-on-equity ratio of approximately 12 per cent, driven mainly by stable investment income and very strong underwriting results.

The company also has limited potential volatility arising from its underwriting portfolio by using a conservative reinsurance programme.

Marble Re is wholly-owned by the Marubeni Corporation, one of Japan’s largest trading companies. The company benefits from its parent’s broad business networks and trading activities and only insures and reinsures risks from affiliated and related companies within the Marubeni group.

More details on the ratings at www.ambest.com

-- BERNAMA

Teledyne Imaging expands camera portfolio for challenging lighting conditions

KUALA LUMPUR, Oct 14 -- Teledyne Imaging has announced the extension of its Teledyne DALSA Genie Nano-1G Camera Series and Teledyne Lumenera Lt Series USB3 cameras based on third generation Sony® Pregius® Global Shutter CMOS sensors.

Teledyne Imaging is a Teledyne Technologies company and global leader in machine vision, according to a statement.

The latest cameras are capable of large full well capacity and bring increased dynamic range to the Genie Nano-1G and Lt Series camera portfolio.

“The expanded Genie Nano-1G and Lt Series USB3 cameras provide excellent performance and image quality for general machine vision applications like high-speed factory automation, and they excel in applications where lighting is low or varied,” said Teledyne DALSA and Teledyne Lumenera Senior Product Manager, Manny Romero.

Ranging in resolution from 0.5 to 7.1 million pixels, the cameras take full advantage of the unique High Conversion Gain provided by these new Sony Pregius sensors, allowing the cameras to obtain clear images by capturing more light without introducing high levels of noise.

Both series are engineered to deliver high dynamic range with low read noise for a variety of demanding applications ranging from traditional machine vision to high-speed industrial automation, to Intelligent Traffic Systems and aerial imaging.

Key features include six new GigE Vision models in both colour and monochrome versions with TurboDrive™ for faster output and six new USB3 Vision models in both colour and monochrome versions.

-- BERNAMA

Fuji Television unveils 'Quiz Pinch Hitter', 'Idea Chef' shows worldwide

KUALA LUMPUR, Oct 13 -- Fuji Television Network Inc has announced its latest non-scripted format ‘Quiz Pinch Hitter’ and ‘Idea Chef’ at MIPCOM 2020 for international market distribution.

Working closely with legendary TV scriptwriter Yasushi Akimoto, who is behind Japanese pop group AKB48 to produce this non-scripted format, ‘Quiz Pinch Hitter’ is a completely new quiz show whereby, questions will be asked across topics such as video games, anime, math, food, and trivia which cannot be easily answered.

Contestants' networks of connections of friends and followers on social media are used to solve super difficult problems during live broadcast.

Meanwhile, ‘Idea Chef’ is a food battle show where an unimaginable unique recipe comes up. A first-class chef, popular cuisine YouTuber and a charismatic housewife battle in a serious cooking showdown using only ingredients announced on the spot.

Yuki Matsumoto (Producer of ‘Quiz Pinch Hitter’ and ‘Idea Chef’/Variety Production Department, Fuji TV) and Ryuji Komiya (Head of Format, Fuji TV) hoped the shows would be adapted locally in many countries, as both programmes' format could be easily adapted locally even in the current COVID-19 situation.

Fuji Television continues to maintain its status as an innovative leader in Japan's television industry since its establishment in 1959.

For details, visit https://www.fujitv.com/

-- BERNAMA

Cisco, Qwilt, Digital Alpha launch new Open Caching solution for service providers

KUALA LUMPUR, Oct 9 -- Cisco, Qwilt and Digital Alpha (DA) are together disrupting the commercial Content Delivery Network (CDN) market with a new as-a-service offering based on Open Caching, with BT as the flagship customer.

According to a statement, BT is the UK’s leading telecommunications and network provider.

Open Caching, an open architecture developed and endorsed by the Streaming Video Alliance, offers a platform that federates content delivery infrastructure deployed deep inside service provider networks, into a global CDN with open APIs for content publishers. 

It is designed to help service providers easily deploy an edge CDN footprint, offering them more control over content flows.

It also caters to the needs of global and regional content providers for more capacity, consistency in content delivery and performance assurance.

Featuring DA as the investing partner providing a unique funding solution, this partnership combines Qwilt’s innovative content delivery platform based on Open Caching, with Cisco’s edge compute and networking infrastructure to deliver the solution as-a-service to service providers of all sizes globally.

BT in partnership with Qwilt, Cisco and DA has deployed this solution to add multiple terabits per second of capacity and provide cost-effective, high-quality streaming video to meet its growing demand in 2020 and beyond.

-- BERNAMA

New name: Meggitt Training Systems becomes InVeris Training Solutions

KUALA LUMPUR, Oct 8 -- Meggitt Training Systems, the global leader in integrated live-fire and virtual weapons training solutions has announced its new name, InVeris Training Solutions, effective immediately.

“Over the past few months, we have undertaken a very thorough and thoughtful exercise to more closely align our name and brand with our values in service of safety,” said Vice-President of Strategy, Sales and Marketing, Andrea Czop.

“We’ve always backed our clients with quality products, proven innovations and dedicated support. We’ll continue to do that as we move ahead.”

The rebranding reflects the Company’s pride in standing behind the bravest, best-trained men and women worldwide and to provide comprehensive training solutions that prepare them to act at a moment’s notice to protect the communities and countries they serve.

According to a statement, the Company remains headquartered in Suwanee, GA and partners with clients in the US and around the world from facilities on five continents.

As part of the rebranding, InVeris Training Solutions has also introduced a new logo, corporate colours, and website, InVerisTraining.com.

The Company also retains ownership of its legacy brands, FATS® and Caswell technologies, the industry pioneers in the virtual and live fire training arenas, respectively.

-- BERNAMA

Snack sales: Quadruple times faster emerging market growth expected through 2025

KUALA LUMPUR, Oct 9 -- Snack sales are expected to grow four times faster in emerging markets than developed countries over the next five years, according to global market research company, Euromonitor International.

In a new webinar, ‘Where Do We Go from Here? The Future of Snackification Beyond 2020’, Euromonitor International examines short, mid and long-term implications on snacking amid COVID-19.

With 20 per cent longer commutes on average than in developed countries, emerging markets will drive growth, recording an expected 14 per cent increase in snack sales through 2025.

“As economies reopen, product features that were deprioritised will resurge,” said Euromonitor International food and nutrition industry manager, Jared Koerten.

“SKU (stock keeping units) rationalisation poses a threat to innovation mid-term, as manufacturers streamline portfolios and focus on essential product lines.”

The number of online SKU across snack categories saw a drastic decline in early 2020 and remains significantly lower than pre-pandemic, according to Euromonitor International’s pricing intelligence solution Via.

-- BERNAMA

SEABORN APPOINTS STEVE ORLANDO AS CHIEF EXECUTIVE OFFICER

New Strategic Leadership Builds on Company’s History of Innovation and Leading Communications Services

BOSTON, Oct 8 (Bernama-GLOBE NEWSWIRE) -- Seaborn Networks (“Seaborn”), a leading developer-owner-operator of submarine fiber optic cable systems, announces the appointment of Steve Orlando as its new Chief Executive Officer, effective October 1. With this strategic addition to the company’s executive leadership, Seaborn underscores its commitment to innovation, expertise, world-class services and comprehensive customer support.

A telecommunications industry veteran, Orlando brings 27 years of experience across senior leadership positions at Zayo Group, CenturyLink, Level 3, Global Crossing and Verizon Business. Orlando joins Seaborn from Zayo Group, where he served as the Senior Vice President of Fiber and Network Solutions. In this role, he led product, operations and network development to support indirect and direct sales for the organization across 18 states in the Central Region. As a proven leader with extensive cross-functional experience, Orlando will ensure Seaborn continues on its path of long-term growth in service of global connectivity. 

http://mrem.bernama.com/viewsm.php?idm=38349

Teledyne DALSA's thermal camera central in Nuvoola skin temperature screening solution

KUALA LUMPUR, Oct 7 -- Teledyne DALSA, a Teledyne Technologies company, and digital imaging technology global leader, provides its new Calibir GXF thermal camera as a critical component within Nuvoola’s LUKE™ AI Health Screening and Protection (HSP) solution.

The new model is optimised for elevated skin temperature detection with measurement accuracy and thermal stability better than +/-0.3°C with an external reference (as recommended by IEC80601-2-59).

Nuvoola’s LUKE™ AI Health Screening and Protection (HSP) solution is unique in using their artificial intelligence platform to screen employees, suppliers, customers and visitors in just a few seconds.

The solution, which benefits from the power of Teledyne DALSA's Calibir™ infrared camera, includes an app that employees use to assess their health status before arriving at work, in addition to an onsite, touchless kiosk (using natural language interactions in English or French) that rapidly screens people for symptoms of COVID-19 as they enter buildings.

It also includes analytics and predictive insights capabilities, meaning that it can alert on trends or changes in someone’s condition.

“We are thrilled to play a part in the innovation Nuvoola has demonstrated with the adoption of our Calibir GXF camera in their state-of-the-art solution,” Teledyne DALSA Product Manager, Jean Brunelle said in a statement.

“The accuracy and flexibility of this newest Calibir GX camera will be leveraged in this novel new health screening system.”

For more information, visit www.teledynedalsa.com/mv.

-- BERNAMA

LeddarTech Presenting at OSA Laser Congress and ScaleUp 360° Sensor & Radar Systems Europe in October 2020

QUEBEC CITY, Oct 6 (GLOBE NEWSWIRE) -- LeddarTech^®, a global leader in Level 1-5 ADAS and AD sensing technology, will be presenting and exhibiting various solutions for automotive and mobility customers at two global digital events in October 2020. LeddarTech has participated and presented in over 20 industry events in 2020.

With over ten years experience in ADAS and AD, the company has positioned itself as an industry leader specializing in sensing technologies, further augmented by the recent acquisition of the sensor-fusion and perception software company VayaVision and the recent asset acquisition of Phantom Intelligence in September of 2020.

LeddarTech will be presenting and exhibiting at the following events:

The Optical Society (OSA) Laser Congress (Digital Event)

Date: October 13-16, 2020

Event information: This three-day congress features two subconferences: the Advanced Solid-State Lasers Conference (ASSL), which addresses improving the operation and application of solid-state lasers, and the Laser Applications Conference (LAC), focusing on materials processing and applications for high-power lasers. LeddarTech has been invited to speak as part of the LAC, which promises to immerse delegates in an innovative learning environment that introduces new, groundbreaking information, offers insightful knowledge, showcases cutting-edge products, and engages the audience in important debates and discussions.

LeddarTech presentation time: October 13, 2020 at 2:00 p.m., EST

Presenter: Robert Baribault, Principal Architect at LeddarTech

Topic: “The Critical Role Played by LiDAR Sensors in the Advancement of Autonomous Driving Technology”.

Register at: https://www.osa.org/en-us/meetings/osa_meetings/laser_congress/registration/

Lead Event Partner at ScaleUp 360° – Sensor & Radar Systems (Digital Event)

Date: October 14-15, 2020

Event information: From OEMs to Tier 1s, from AI, sensor, radar, and imaging vision systems experts to automated driving, deep learning, and vehicle control executives – wherever attendees appear on the spectrum of sensing & perception in automated vehicles, the Sensor & Radar Systems event is a must-attend.

LeddarTech presentation time: October 14, 2020 at 7:45 a.m., EST

Presenters: Pierre Olivier, Chief Technology Officer of Leddartech and Youval Nehmadi, Engineering Director – Sensor Fusion & Perception at LeddarTech Israel (VayaVision, a LeddarTech Company)

Topic: “Level 3 Automation – Sensing Modalities, Perception, and Fusion”

Register at: https://www.scale-up-360.com/en/sensor-radar-systems/register

“LeddarTech is proud to be presenting and exhibiting at these key industry events,” said Mr. Pierre Olivier, Chief Technology Officer of LeddarTech. “We look forward to sharing our industry insights and experience in sensing technologies that enable ADAS and AD with our peers. This year has presented challenges compounded by COVID-19 and 2021 will continue to challenge the transportation industry. However, I am confident that opportunities exist and sharing our collective insights at these events will better equip all of us for the future,” concluded Mr. Olivier.

About LeddarTech

LeddarTech is a leader in environmental sensing solutions for autonomous vehicles and advanced driver assistance systems. Founded in 2007, LeddarTech has evolved to become a comprehensive end-to-end environmental sensing company by enabling customers to solve critical sensing and perception challenges across the entire value chain of the automotive and mobility market segments with its LeddarVision™ sensor-fusion and perception platform. LeddarTech delivers a cost-effective, scalable, and versatile LiDAR development solution to Tier 1-2 automotive system integrators that enables them to develop automotive-grade solid-state LiDARs based on the foundation of the LeddarEngine™. LeddarTech has 14 generations of solid-state LiDARs based on the LeddarEngine platform operating 24/7 in harsh environments. This platform is actively deployed in autonomous shuttles, trucks, buses, delivery vehicles, smart cities/factories, and robotaxi applications. The company is responsible for several innovations in cutting-edge automotive and mobility remote-sensing applications, with over 95 patented technologies (granted or pending) enhancing ADAS and autonomous driving capabilities.

Additional information about LeddarTech is accessible at www.leddartech.com and on LinkedIn, Twitter, Facebook, and YouTube.

Contact:

Daniel Aitken, Vice-President, Global Corporate Marketing and Communications, LeddarTech Inc.
Tel.: + 1-418-653-9000 ext. 232
daniel.aitken@leddartech.com

Leddar, LeddarTech, LeddarEngine, LeddarVision, LeddarSP, LeddarCore, VAYADrive, VayaVision, and related logos are trademarks or registered trademarks of LeddarTech Inc. and its subsidiaries. All other brands, product names, and marks are or may be trademarks or registered trademarks used to identify products or services of their respective owners.

Source: LeddarTech inc.

EXPEREO收购GLOBALINTERNET并巩固其托管互联网服务市场的全球领导地位

阿姆斯特丹, Oct 7 (Bernama-GLOBE NEWSWIRE) -- 全球领先的互联网、云接入和SD-WAN解决方案提供商Expereo宣布收购全球托管互联网访问服务供应商Globalinternet。此次收购巩固了Expereo在为合作伙伴和跨国企业客户提供托管全球互联网和网络连接解决方案领域的领导地位。

EXPEREO收购GLOBALINTERNET并巩固其托管互联网服务市场的全球领导地位

Zynga completes Istanbul-based Rollic acquisition around US$180 million cash

KUALA LUMPUR, Oct 5 -- Zynga Inc has acquired 80 per cent of mobile games developer and publisher, Rollic for a total purchase price, including working capital adjustments of approximately US$180 million in cash. (US$1 = RM4.157)

According to a statement, over the next three years, the global leader in interactive entertainment will acquire the remaining 20 per cent in equal installments at valuations based on specific topline and profitability goals.

Rollic will continue to be led by founder and Chief Executive Officer, Burak Vardal and its current management team. Additionally, the company plans to maintain its headquarters in Istanbul, Turkey.

The Rollic acquisition marks Zynga’s entrance into the fast-growing hyper-casual market, bringing a highly talented team with a substantial network of external developers to Zynga.

Rollic also meaningfully increases Zynga’s audience while growing its advertising business.

The close of this acquisition is effective as of Oct 1. Zynga expects to update its full year 2020 guidance when reporting Q3 2020 financial results.

-- BERNAMA

Emerging markets achieve US$834 billion e-commerce sales - Euromonitor

KUALA LUMPUR, Oct 2 -- E-commerce sales in emerging markets recorded a 30 per cent growth in 2014-2019, reaching US$834 billion, according to Euromonitor International. (US$1 = RM4.156)

The global market research company's new report, ‘Identifying Digital Trends in Emerging Markets’ examines how the pandemic impacted the availability and usage of online services in developing economies.

“The pandemic prompted an environment in emerging markets where brands can compete for the growing segment of consumers that are now willing to increase their usage of digital services,” said Euromonitor International consultant, Karinne Lelouch.

According to its Voice of the Industry: COVID-19 Survey, 60 per cent of business professionals in developing countries believe that consumers will increase online shopping and reduce in-store shopping in the mid-term or permanently.

Based on a statement, emerging markets must develop efficient online payment systems for e-commerce players to succeed.

However, financial inclusion remains a challenge in countries like Peru, Argentina and Egypt, where over 50 per cent of the population is unbanked, and cash is often the only payment option.

“The digital industry has become even more attractive for investors and competitors trying to meet the rapidly growing demand,” said senior consultant at Euromonitor International, Gustavo Gomez.

-- BERNAMA