KUALA LUMPUR, June 29 (Bernama) -- EIG, a leading institutional investor to the global energy and infrastructure sectors, announced that De la Rey Venter has joined the firm as Chief Executive Officer of MidOcean Energy (MidOcean) and as a Managing Director of EIG.
MidOcean is an EIG-controlled LNG company seeking to create a diversified ‘pure play’ integrated LNG portfolio of high-quality operating LNG projects with strong existing cash flow.
Venter is a 25-year industry veteran with global operating, dealmaking and business leadership experience in the mining, upstream and LNG sectors.
Among other roles, he served as Executive Vice President of Integrated Gas Ventures, responsible for the majority of Shell’s LNG and natural gas assets, and previously also as Shell’s Global Head of LNG. He will be based in EIG’s London office.
“EIG has long been a key capital provider to the sector and has already invested in nine LNG projects, globally, involving both liquefaction and regasification. Adding someone of De la Rey’s calibre to lead MidOcean further demonstrates our commitment to LNG and the energy transition,” said R. Blair Thomas, EIG Chairman and CEO in a statement.
Meanwhile, Venter added: “EIG's vision for MidOcean presents a compelling proposition for a world that will need LNG for a long time to come. We share a strong belief in the important role of LNG, as part of a family of low and no carbon gasses, to help the world transition to a Net Zero future.
“I look forward to working with the team to build a business of substance, based on EIG’s extensive track record in global LNG, and for this business to have real impact in this highly relevant sector of the global energy industry.”
Venter holds an MBA with Honours from IMD in Switzerland, a Bachelor of Commerce degree (Cum Laude) from the Northwest University and an Honours Degree in Finance and Investment Management (Cum Laude) from the University of Johannesburg, both in South Africa.
EIG, headquartered in Washington, D.C., specialises in private investments in energy and energy-related infrastructure on a global basis, with offices in Houston, London, Sydney, Rio de Janeiro, Hong Kong and Seoul.
For more information, visit EIG’s website at www.eigpartners.com.
-- BERNAMA
Wednesday, June 29, 2022
DE LA REY VENTER JOINS EIG AS MIDOCEAN ENERGY CEO
Tuesday, June 28, 2022
Cloudbeds acquires leading guest engagement solution, Whistle
KUALA LUMPUR, June 28 (Bernama) -- Cloudbeds, the hospitality management platform powering more reservations and happier guests for lodging businesses around the globe, announced today at HITEC 2022 the acquisition of the industry’s leading guest engagement solution, Whistle.
Together, the companies will integrate their best-in-class technologies to remove friction points in the guest journey through a single platform.
“The term contactless is becoming far too synonymous with hospitality,” said Richard Castle, COO and Co-Founder of Cloudbeds. “We want more contact between lodging businesses and their guests to create purposeful touchpoints, answer questions and provide guidance through the entire guest journey.
“Research shows that engaged guests spend more, leave better reviews and the majority prefer to communicate via digital channels — Whistle makes it all possible. Whether it’s a booking engine chat or front desk text request, Whistle positions Cloudbeds customers to be a part of the guest journey from discovery to post-stay, removing barriers that might hinder a booking or positive review.”
Founded in 2015, Whistle has been rated the no. 1 guest messaging software by Hotel Tech Report for five consecutive years.
“Our goal has always been to give lodging businesses a unique, easy-to-use solution that simplifies and streamlines the way they communicate,” said Christopher Hovanessian, CEO and Co-Founder of Whistle.
“Cloudbeds has a clear vision for building a better, more frictionless hospitality experience via a unified platform. Together, we can make a greater impact on the industry that benefits not only the guest, but also the property staff and the lodging business itself.”
Following its Series D funding announcement in November, Cloudbeds has doubled down on its commitment to “more reservations, happier guests” with three acquisitions and the introduction of several new product offerings to address major pain points for both operators and guests.
Driven by an aggressive product roadmap, the company has nearly tripled in size over the past year, with more solutions set to roll out in Q3 designed to help hoteliers grow their businesses.
For more information, visit www.cloudbeds.com.
-- BERNAMA
Saturday, June 25, 2022
GENESIS RECEIVES IN-PRINCIPLE APPROVAL FROM MONETARY AUTHORITY OF SINGAPORE FOR MAJOR PAYMENT INSTITUTION LICENSE
"MAS has been very transparent and engaged throughout the application process and we appreciate its commitment to prudent and constructive oversight of the industry,” said Michael Moro, CEO of Genesis.
Genesis offers sophisticated market participants a fully integrated platform to trade, borrow, lend, and custody digital assets, creating new opportunities for yield while increasing capital efficiency for counterparties. Since its founding in 2013, Genesis has aimed to provide institutional investors around the world with access to industry-leading products and services that are addressing an evolving global regulatory framework.
About Genesis
Genesis is a full-service digital currency prime brokerage providing a single point of access for select qualified individuals and global institutional investors. Genesis combines unrivaled operational excellence, a seamless user experience, and best-in-class client service to provide the full suite of services global investors require to manage their digital asset portfolios.
For more information on Genesis, please visit genesistrading.com and follow @GenesisTrading on Twitter.
CORRECTION - ZOOM UNVEILS PLATFORM EVOLUTION; LAUNCHES NEW PACKAGING AND TRANSLATION FEATURE
- Zoom One is a new offering that brings together options for persistent chat, phone, meetings, whiteboard, and more into a single, secure and scalable package
- All-new translation feature allows meetings to be translated between English and any of the 10 languages, or from those languages into English
Zoom Video Communications, Inc. (NASDAQ: ZM) today unveiled the latest evolution of its communications platform with the introduction of Zoom One, a new offering that brings together persistent chat, phone, meetings, whiteboard, and more into secure and scalable packages. Additionally, Zoom also launched an all new translated and multi-language captions feature.
“Simplicity is at the core of everything we do. As the Zoom platform has evolved from a meeting app to a comprehensive communications platform, it was clear that introducing new packaging like Zoom One was the next step in the company’s evolution,” said Greg Tomb, President, Zoom. “By bringing together chat, phone, meetings, whiteboard, and more in a single offering, we are able to offer our customers solutions that are simple to manage, so they can focus on business issues that matter most.”
“Businesses continue to realize the time and cost saving a single provider can offer. According to Omdia’s latest end user survey, 40% of organizations are prioritizing investments around eliminating multiple cloud-based UC solutions that may be deployed within their organizations,” states Brent Kelly, Principal Analyst, Omdia Research. “The need to simplify business operations is a market trend that we see as being increasingly important, and Zoom One’s tiered bundles and common management console aligns well to this customer demand."
Zoom One’s intuitive experience
Purpose-built to work together, Zoom One’s intuitive experience offers customers the choice between six tiered offerings according to their business needs.
- Zoom One Basic provides free 40-minute Zoom Meetings for up to 100 attendees, persistent Zoom Chat for team messaging, limited Zoom Whiteboard for synchronous and asynchronous work, and real-time transcription.
- Zoom One Pro provides everything Zoom One Basic offers without Meeting time limits, plus cloud recording.
- Zoom One Business provides everything Zoom One Pro offers, plus Zoom Meetings for up to 300 attendees and unlimited Zoom Whiteboards.
- Zoom One Business Plus provides everything Zoom One Business offers, plus Zoom Phone Pro with unlimited regional calling and Zoom’s all-new translation feature.
- Zoom One Enterprise and Zoom One Enterprise Plus are similar to Zoom One Business, with larger meeting capacity and additional features, like Zoom Webinars, to help modern businesses scale. Unlimited Regional Calling is an optional add-on feature for Zoom One Enterprise and Enterprise Plus.
“If you provide a complete suite of reliable and easy-to-use communication tools that people can use to do their jobs, they are less likely to be using one-off solutions outside of our offerings – which in turn simplifies our support and delivery model,” said Rob Kerr, chief information officer at Cooley, a global law firm with 3,300 employees in 17 offices across the United States, Asia, and Europe. “Zoom’s secure portfolio of unified video, chat, whiteboarding, and telephony solutions aligns our global teams and allows Cooley to better serve its clients.”
For more information on the new, simplified offerings or to find the plan that is best suited for your business, visit the Zoom blog.
Introducing translated & multi-language captions
Launching first in Zoom One Business Plus and Zoom One Enterprise Plus packages, Zoom’s translated captions will allow users to view captions translated into the language of their choice. At launch, translations will be available between English and 10 additional languages, or from any of the 10 languages to English. The ability to translate directly to and from English is known as bi-directional translation. Translated captions display at the base of the screen while in a Zoom Meeting.
The bi-directional translations are available in the following languages: Chinese (Simplified), Dutch, English, French, German, Italian, Japanese, Korean, Russian, Spanish, and Ukrainian.
To access the translated captions feature, Zoom One customers must upgrade to either the Zoom One Business Plus or Zoom One Enterprise Plus packages (in applicable countries).
Zoom also extended its automated captioning – the ability to caption in real-time what a speaker is saying in the same language as the one spoken – to include 10 additional languages. Automated captions previously were supported in English, but now can be displayed in the additional 10 languages referenced above. Multi-language automated captions are available in Business Plus, Enterprise, and Enterprise Plus packages with additional support for other plans coming soon.
About Zoom
Zoom is for you. Zoom is a space where you can connect to others, share ideas, make plans, and build toward a future limited only by your imagination. Our frictionless communications platform is the only one that started with video as its foundation, and we have set the standard for innovation ever since. That is why we are an intuitive, scalable, and secure choice for large enterprises, small businesses, and individuals alike. Founded in 2011, Zoom is publicly traded (NASDAQ:ZM) and headquartered in San Jose, California. Visit zoom.com and follow @zoom.
Friday, June 24, 2022
CATHEON GAMING APPOINTS FORMER ACTIVISION BLIZZARD APAC HEAD AS CEO
- William Wu and Mark Aubrey will serve as co-CEOs of Catheon Gaming.
- Mark Aubrey has over 19 years of experience in the gaming industry with a track record of developing and executing global strategies to build highly successful companies.
- Mark Aubrey and William Wu will combine their expertise to scale up Catheon Gaming as the premier blockchain gaming technology platform for game developers.
This press release features multimedia. View the full release here:
https://www.businesswire.com/news/home/20220622005994/en/
At Activision Blizzard, Aubrey was responsible for managing all verticals of both Activision Publishing and Blizzard Entertainment’s commercial and go-to-market operations and teams across Australia/NZ, Japan, Korea, India and Greater Asia. He managed large teams of employees across four regional offices and held full P&L responsibility for APAC, the most important Web3 region globally with the majority of gaming revenue and the greatest number of Web3 users.
Prior to Activision Blizzard, Aubrey worked a long stint at Warner Bros. Entertainment as the Group Marketing Director, driving synergies and commercial opportunities across groups (Home Entertainment, Theatrical, Television, HBO, Games, Consumer Products and Digital Distribution). Aubrey graduated with a Bachelor of Business and Marketing from the University of Newcastle.
‟I am delighted with the appointment of Mark Aubrey as the CEO of Catheon Gaming and look forward to working alongside Mark to lead Catheon Gaming into its exciting next phase of growth,” said William Wu, Founder and CEO of Catheon Gaming. “Mark brings deep world-class gaming expertise at the highest level, having led the highly relevant APAC division of the world’s most successful gaming developer and publisher.”
William Wu first founded SolChicks in September 2021 and subsequently Catheon Gaming, launching 20 titles over the course of nine months. With the appointment of Aubrey, Wu will focus on the company’s long-term vision and strategy, while remaining fully involved in the operations of Catheon and SolChicks.
About Catheon Gaming
Catheon Gaming is the fastest-growing integrated blockchain gaming and entertainment company globally, with a portfolio of over 20 games as of 10 June 2022. The company’s flagship franchise, SolChicks, entered the market following successful fundraising from various venture capital investors, institutions, and launchpad partners. The company brings technical, gaming, and marketing expertise together with deep roots in the blockchain industry. The company’s strategy is to partner with leading game developers and IP-holders to incubate and launch “best-in-class” blockchain games and bring them to the widest possible audience.
For more information, please visit: https://catheongaming.com/.
Thursday, June 23, 2022
SEEDBLINK COLLABORATES WITH TDCX TO HELP ITS PORTFOLIO COMPANIES ACQUIRE NEW CUSTOMERS AND BUILD CUSTOMER LOYALTY
BUCHAREST, Romania, June 22 (Bernama-BUSINESS WIRE) -- SeedBlink, an online investment platform that connects investors with technology startups, today announced a collaboration with TDCX (NYSE: TDCX), an award-winning digital customer experience (CX) solutions provider for technology and blue-chip companies, with the aim of helping its portfolio companies accelerate their sales journey and deliver higher customer satisfaction.
The collaboration with TDCX deepens the support that SeedBlink provides its portfolio companies in the post-investment phase. By tapping TDCX’s CX expertise, startups can hope to scale their CX teams more quickly and achieve better performance. This in turn enables the startups to use the capital raised through SeedBlink more effectively.
Providing positive customer experiences is crucial for all companies, particularly startups that want to solidify their relationship with their customers. Research1 has shown that one in three consumers (33 per cent) will walk away from a brand they love after just one bad experience.
SeedBlink’s portfolio of startups will be able to tap TDCX’s customer experience solutions that span sales and digital marketing, omnichannel customer experience and content moderation. TDCX is a partner to many of the world’s leading and disruptive brands in sectors such as e-commerce, fintech and technology, providing outsourced solutions in areas including customer service, technical support and inside sales.
Crikle, a London-based company developing a simple and remote sales solution for global sales reps, has been using TDCX since late 2021 after raising a seed round of €575,000 through SeedBlink.
Diwaker Singh, CEO at Crikle: “The team at SeedBlink is a pleasure to work with and respond quickly to our business needs. They have brought us together with TDCX to unlock business growth, expand our team and increase our skill sets. Working with an experienced outsourced partner results in greater efficiency, lower operating costs, more flexibility, and faster time to market.”
Andrei Dudoiu, Managing Partner at SeedBlink, says: "When our startups succeed, SeedBlink succeeds. Our goal is for startups to come to SeedBlink and discover real support for scaling and new opportunities beyond capital - with an array of partners who understand their needs and their stage of growth. Partnering with TDCX, a global CX provider, takes us one step further on our journey beyond crowd investing in tech startups."
Daniel Mereuta, Country Director at TDCX Romania said: “We have been helping companies to scale faster and to perform better by delivering exceptional customer experiences. We understand the challenges that startups face and are glad to have been able to support these promising enterprises. We are ready to help other startups build and strengthen their CX capabilities and our collaboration with SeedBlink will enable us to reach more companies and help them in transforming their CX.”
Through the collaboration, SeedBlink is poised to play a greater role in the development of the European technology ecosystem. The leading co-investing platform in CEE (Central and Eastern Europe) elevates technology startups by helping them to scale through access to capital, market expertise and a network of trusted ecosystem partners.
About SeedBlink
SeedBlink is the fastest-growing investing platform specialized in sourcing, vetting, financing, and scaling European tech start-ups. Our vision is to shape Europe’s tech future by creating an investment platform that allows investors and founders to access the opportunities, tools, and services of early-stage venture capital.
SeedBlink's community is at the heart of the platform's success, along with a rigorous selection of technology Seed to Series B start-ups & their passionate teams. As of May 2022, over 10,700 investors from all over the world have used SeedBlink to back nearly 60 companies with a total of €53,4M. More information is available at www.seedblink.com
About TDCX Inc.
Singapore-headquartered TDCX provides transformative digital CX solutions, enabling world-leading and disruptive brands to acquire new customers, to build customer loyalty and to protect their online communities.
TDCX helps clients achieve their customer experience aspirations by harnessing technology, human intelligence and its global footprint. It serves clients in fintech, gaming, technology, home sharing and travel, digital advertising and social media, streaming, and e-commerce. TDCX’s expertise and strong footprint in Asia has made it a trusted partner for clients, particularly high-growth, new economy companies looking to tap the region’s growth potential.
TDCX’s commitment to delivering positive outcomes for our clients extends to its role as a responsible corporate citizen. Its Corporate Social Responsibility program focuses on positively transforming the lives of its people, its communities and the environment.
TDCX employs more than 15,000 employees across 26 campuses globally, specifically Singapore, where it is headquartered, Malaysia, Thailand, Philippines, Mainland China, Hong Kong, South Korea, Japan, India, Romania, Spain, and Colombia. For more information, please visit: www.tdcx.com.
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1 Source: Experience is everything: Here’s how to get it right; PwC, 2018. https://www.pwc.com/us/en/zz-test/assets/pwc-consumer-intelligence-series-customer-experience.pdf
INNIO PUBLISHES SUSTAINABILITY REPORT FOR 2021, SETTING AMBITIOUS TARGETS ON THE PATH TO NET ZERO
2021 Sustainability Report 'Together Towards Zero' outlines INNIO's ESG targets, frameworks, and 2021 performance, which was recognized with best-in-class ratings from Sustainalytics and EcoVadis earlier this year. (Graphic: Business Wire)
- INNIO’s ESG strategy focuses on Low Carbon and Circular Products, Resilient Supply Chain and Manufacturing, and Responsible Operations
- INNIO receives best-in-class sustainability ratings from Sustainalytics and EcoVadis
- INNIO joins the UN Race to Zero and Science Based Targets, extending collaboration with pre-eminent global climate and ESG initiatives as well as industry partnerships
JENBACH, Austria, June 23 (Bernama-BUSINESS WIRE) -- INNIO, a leading energy solution and service provider, has published its Sustainability Report for 2021 Together Towards Zero, which defines the company’s performance in meeting environmental, social, and governance (ESG) goals. While INNIO is currently empowering industries and communities to transition to net zero, this report – prepared in accordance with GRI and SASB standards – formally communicates on progress and sustainability-related performance providing, transparency about how INNIO is contributing to a green tomorrow.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220622006063/en/
In accordance with global frameworks and commitments, INNIO set out ambitious sustainability targets in three strategic focus areas where it sees the most material impacts and opportunities for improvement: Low Carbon and Circular Products, Resilient Supply Chain and Manufacturing, and Responsible Operations and Social Responsibility.
Selected key ambitions in these areas include:
- Since 2022, INNIO offers all new engines with a “Ready for H2” option. These models can operate with up to 20% vol. hydrogen1, and can be retrofitted to 100% H2 operation in the future. All Type 4 series engines are offered for 100% H2 operations. As of 2025 and beyond, the entire Jenbacher product line is expected to be rolled out with 100% hydrogen operation.
- Suppliers covering 80% of direct and indirect spend must commit to net zero by 2050.
- 50% reduction in Scope 1 and Scope 2 GHG emissions in supply chain and manufacturing (vs. the 2020 base) will be fully implemented by 2030.
- By 2025, identified diversity groups will increase by 25% across functions compared to the 2020 baseline. Diverse people leadership will be developed further by 20302.
“I’m incredibly proud of the steps we have taken to implement our ESG strategy. The outstanding recognition we have received for our achievements with leading ESG ratings shows that we are on the right track on our path to net zero.”
Marcin Kawa, vice president Sustainability at INNIO, states:
“INNIO’s 2021 Sustainability Report summarizes a year filled with sustainability and ESG initiatives, collaboration, and progress. “This report is the next milestone in our journey as we move ‘Together Towards Zero.’ I’m happy to be part of a team that is so passionate about making a difference while building transparency and trust among our stakeholders worldwide.”
* Rating took place in February 2022
About INNIO’s 2021 Sustainability Report
INNIO’s 2021 Sustainability Report is a non-financial disclosure published annually. This 2021 disclosure was prepared in accordance with the standards of the Global Reporting Initiative (GRI) core option and the Sustainability Accounting Standards Board (SASB). It also includes an initial analysis in line with the Task Force on Climate-related Financial Disclosures (TCFD) Recommendations Framework. The report also serves as Communication on Progress (COP) for the UN Global Compact (UNGC). Through non-financial reporting, INNIO describes its management and performance of environmental, social, and governance (ESG) issues. INNIO’s disclosures focus on the topics that have been deemed most material to the business based on a materiality assessment. INNIO’s alignment with the United Nations Sustainable Development Goals (UN SDGs) is based on the GRI and the UNGC’s Business Reporting on the UN SDGs. This Sustainability Report has been externally assured. The data presented in the report is consolidated at Group level and covers 100% of business operations and 90% of global locations. This boundary applies to all material topics, unless clearly indicated otherwise. All the health, safety, and environmental data, including greenhouse gas (GHG) data for Scope 1, Scope 2, and Scope 3, cover the INNIO Group using the financial control approach.
For more information, access INNIO’s Sustainability Report 2021 here.
About INNIO
INNIO is a leading energy solution and service provider that empowers industries and communities to make sustainable energy work today. With our product brands Jenbacher and Waukesha and our digital platform myPlant, INNIO offers innovative solutions for the power generation and compression segments that help industries and communities generate and manage energy sustainably while navigating the fast-changing landscape of traditional and green energy sources. We are individual in scope, but global in scale. With our flexible, scalable, and resilient energy solutions and services, we are enabling our customers to manage the energy transition along the energy value chain wherever they are in their transition journey.
INNIO is headquartered in Jenbach (Austria), with other primary operations in Waukesha (Wisconsin, U.S.) and Welland (Ontario, Canada). A team of more than 3,500 experts provides life-cycle support to the more than 54,000 delivered engines globally through a service network in more than 80 countries.
INNIO’s ESG Risk Rating places it number one of more than 500 worldwide companies in the Machinery industry assessed by Sustainalytics.
For more information, visit INNIO’s website at www.innio.com. Follow INNIO on Twitter and LinkedIn.
1 Defined in accounting protocol as either sold with the capacity to run on 100% hydrogen or that can be upgraded at a reasonable cost
2 We will focus on distinct employee groups and diversity dimensions (age, gender, nationality, and minorities) when implementing diversity initiatives. For more information, please visit page 78 in our report.
View source version on businesswire.com:
https://www.businesswire.com/news/home/20220622006063/en/
Contact
Susanne Reichelt
INNIO Media Relations
+43 664 80833 2382
susanne.reichelt@innio.com
Source : INNIO
Wednesday, June 22, 2022
Zoom Apps SDK enables developers build new applications transforming meeting experience
KUALA LUMPUR, June 22 (Bernama) -- Zoom Video Communications Inc has announced the general availability of the Zoom Apps SDK, which provides developers with the resources and support infrastructure needed to build Zoom Apps within the Zoom client.
By building on the Zoom Apps SDK, developers can reach Zoom customers, and users can discover and add new apps within the same client they use every day, according to a statement.
Over 100 Zoom Apps have been published by developer partners to enrich meeting experiences ranging from meeting productivity, team collaboration, and social networking to gaming.
“With the launch of the Zoom Apps SDK, the Zoom Developer Platform continues to expand and offer developers new ways to incorporate video communications and collaboration into their creations, transforming business workflows forever," said Brendan Ittelson, Chief Technology Officer at Zoom.
Zoom Apps SDK broadens developer capabilities by increasing the reach of new applications by tapping into Zoom’s global and diverse audience, listing apps on the Zoom App Marketplace and in the Zoom client where apps can be installed even during a Zoom Meeting.
It also extends new apps to create collaborative experiences across Zoom Meetings, and creates engaging experiences for customers both within and outside of Zoom Meetings.
Zoom Apps SDK is a JavaScript SDK that provides access to client features such as setting the Virtual Background while also providing the app context for the interaction.
Fundamentally, it uses a method to get the meeting context, with identifiers for the user and meeting. These identifiers can be used with a comprehensive set of API endpoints from the Zoom Developer Platform, including REST APIs and Webhooks to enrich the app experience.
With the Zoom Apps SDK, companies are able to create engaging experiences within Zoom Meetings, and in the Zoom desktop window for asynchronous collaboration.
Founded in 2011, Zoom is headquartered in San Jose, California.
-- BERNAMA
FEDEX AND FOURKITES ANNOUNCE ALLIANCE TO MAKE SUPPLY CHAINS WORK SMARTER
FourKites’ real-time visibility platform has integrated intelligence at every point of the supply chain, and currently supports 2.5 million shipments a day, connecting the supply chains of 50% of Fortune 500 companies. Through this collaboration, FourKites will be using its machine learning and artificial intelligence capabilities with data insights from the FedEx network – which reaches more than 220 countries and territories, linking more than 99 percent of the world’s GDP, through more than 16.5 million shipments daily – to create a new end-to-end supply chain intelligence platform called FourKites X. FourKites X will provide tools and insights to help large shippers and logistics providers mitigate the impacts of sustained challenges via a suite of offerings ranging from dynamic planning and pre-shipment, to enhanced visibility and proactive alerts, to supply chain optimization insights.
To support this alliance and the launch of FourKites X, FedEx has made a strategic investment in FourKites.
“This is an exciting collaboration between two industry leaders and innovators coming together to unlock new opportunities for our customers,” said Sriram Krishnasamy, CEO, FedEx Dataworks. “If the last two years have taught us anything, it’s that companies need to work together in order to work smarter and faster. Our collaboration with FourKites creates a data ecosystem that will deliver a new level of predictability and visibility to help businesses build smarter supply chains in today’s unpredictable and complex business environment.”
“We are excited to announce this groundbreaking platform and strategic collaboration with FedEx,” said Mathew Elenjickal, FourKites Founder & CEO. “Our organizations share an unwavering commitment to customer success through strategic innovation. Together, we are working to pave the future of global supply chains, built on a foundation of data and machine learning to deliver new value to those global supply chains.”
FourKites X – A Complete Picture of Global Supply Chain Operations
FedEx Dataworks, a business unit in FedEx focused on making supply chains smarter through a powerful data science approach and machine learning capabilities, will support FourKites’ development of the new platform, FourKites X, that will help give customers deeper actionable insights, more accurate ETAs, and more intelligent supply chains to reduce supply chain volatility, and improve top-line growth.
The platform is being designed to help large shippers and logistics providers identify areas of opportunity, such as:
- How chief supply chain officers can improve planning to address empty shelves and manufacturing slowdowns
- How companies can use data to turn supply chain crises into chances to improve the customer experience
- How chief financial officers can optimize supply chains for growth and efficiency
Customers of FourKites X will be able to integrate the platform with existing systems, and they will be able to receive new capabilities in a modular way with support from data engineers, data scientists and user experience experts. The FourKites X solution will include pre-built applications and an intuitive dashboard, which will allow customers to unlock things like pre-shipment weather advisories and supply chain insights.
To learn more about FourKites X, click here.
About FedEx Corp.
FedEx Corp. (NYSE: FDX) provides customers and businesses worldwide with a broad portfolio of transportation, e-commerce, and business services. With annual revenue of $92 billion, the company offers integrated business solutions through operating companies competing collectively, operating collaboratively, and innovating digitally under the respected FedEx brand. Consistently ranked among the world’s most admired and trusted employers, FedEx inspires its nearly 550,000 employees to remain focused on safety, the highest ethical and professional standards, and the needs of their customers and communities. FedEx is committed to connecting people and possibilities around the world responsibly and resourcefully, with a goal to achieve carbon-neutral operations by 2040. To learn more, please visit fedex.com/about.
About FourKites®
Leading global supply chain visibility platform FourKites® extends visibility beyond transportation into yards, warehouses, stores and beyond. Tracking more than 2.5 million shipments daily across road, rail, ocean, air, parcel and courier, and reaching more than 200 countries, FourKites combines real-time data and powerful machine learning to help companies digitize their end-to-end supply chains. More than 1,000 of the world’s most recognized brands — including 9 of the top-10 CPG and 18 of the top-20 food and beverage companies — trust FourKites to transform their business and create more agile, efficient and sustainable supply chains. To learn more, visit www.fourkites.com.
ANAQUA TO ACQUIRE PRACTICE INSIGHT TO ROUND OUT ITS LAW FIRM IP MANAGEMENT SOLUTIONS
Acquisition will enhance both AQX and PATTSY WAVE as IP practice management platforms for law firms by adding fully integrated IP time and billing capabilities
BOSTON, June 22 (Bernama-GLOBE NEWSWIRE) -- Anaqua, the leading global innovation and intellectual property (IP) management technology provider, today announced that it has entered into a definitive agreement to acquire Practice Insight Pty Ltd, and its intelligent time capture software WiseTime, from IPH Limited.
In leveraging Practice Insight’s technology for integrated IP time and billing functionality, Anaqua continues its investment in both AQX® Law Firm and PATTSY WAVE® as end-to-end IP practice management solutions, while adding WiseTime, Practice Insight’s flagship autonomous time capture tool to its suite of standalone offerings.
“This acquisition underscores our steadfast commitment to meeting the evolving needs of the law firm market,” said Bob Romeo, CEO of Anaqua. “We have listened very carefully to practitioner feedback across the globe, and it is clear that law firms are seeking IP management solutions that offer advanced reporting and analytics, integrated document management, secure cloud hosting, collaborative client portals, intuitive user experience – and integrated time and billing. With the acquisition of Practice Insight, we will now have all of these features fully integrated into both AQX Law Firm and PATTSY WAVE.”
The Practice Insight team, led by co-founder and current CEO Thomas Haines, will maintain its footprint in Perth, Australia, joining Anaqua’s global R&D organization.
“Our companies share a deep passion for leveraging technology to drive efficiency within IP operations,” said Haines, a former practicing patent attorney, who will join Anaqua as Vice President and continue to lead the Practice Insight team. “We have quickly developed a strong rapport with the Anaqua team and look forward to joining the organization, as we execute against our shared vision for an end-to-end IPMS for law firms.”
“WiseTime’s service offering strongly aligns with Anaqua’s suite of IP management software and will provide the team growth opportunities,” said Andrew Blattman, IPH CEO and Managing Director. “We wish the team every future success as part of Anaqua.”
The transaction is conditional on regulatory approvals and other usual conditions and is expected to complete early in the third quarter.
About Anaqua
Anaqua, Inc. is a premium provider of integrated intellectual property (IP) management technology solutions and services for corporations and law firms. Its IP management software solutions, AQX and PATTSY WAVE, both offer best practice workflows with big data analytics and tech-enabled services to create an intelligent environment designed to inform IP strategy, enable IP decision-making, and streamline IP operations, tailored to each segment’s need. Today, nearly half of the top 100 U.S. patent filers and global brands, as well as a growing number of law firms worldwide use Anaqua’s solutions. Over one million IP executives, attorneys, paralegals, administrators, and innovators use the platform for their IP management needs. The company’s global operations are headquartered in Boston, with offices across the U.S., Europe, and Asia. For additional information, please visit anaqua.com, or on LinkedIn.
About WiseTime (also known as Practice Insight)
As a member of IPH, WiseTime (also known as Practice Insight) has been at the forefront of developing IP business intelligence software, including its flagship offering WiseTime, a seamless and automated timekeeping solution. For more information, please visit wisetime.com, or on LinkedIn.
About IPH Limited
IPH is the Asia Pacific’s leading intellectual property services group, comprising a network of member firms working in eight IP jurisdictions and servicing more than 25 countries. The group includes leading IP firms AJ Park, Applied Marks, Griffith Hack, Pizzeys and Spruson & Ferguson, and the autonomous timekeeping business, WiseTime, and employs more than 900 people working in Australia, China, Hong Kong SAR, Indonesia, Malaysia, New Zealand, Singapore and Thailand. For more information, visit IPH Limited, or on LinkedIn.
Company Contact:
Amanda Hollis
Director, Communications
Anaqua
617-375-5808
ahollis@Anaqua.com
SOURCE : Anaqua Inc