COGNITE DATA FUSION™ BAGS MM RESEARCH INSTITUTE AWARD IN ‘SMART SOLUTIONS: DIGITAL TWIN’ CATEGORY

KUALA LUMPUR, June 23 (Bernama) -- Cognite, a global leader in industrial software innovation, has announced that Cognite Data Fusion™ has received the MM Research Institute Award in the ‘Smart Solutions: Digital Twin’ category.

The award was established in July 2004 by MM Research Institute with the aim of creating opportunities to promote the development of markets and industries in the information and communications technology (ICT) field.

Professor Jun Murai of Keio University served as the chair of the evaluation committee, and this year marks the 18th time the award has been presented to a company that is actively developing new products and markets with superior ICT technology, according to a statement.

“We are convinced that Cognite Data Fusion will help manufacturers relate and integrate diverse silos of data and use them to achieve sustainability by optimising production volume and improving the efficiency of maintenance operations,” said Nori Tokusue, president of Cognite Japan.

Cognite Data Fusion™ is an industrial data operations (DataOps) and contextualisation platform that puts raw data into real-world industrial context, enabling rapid application and solution creation at scale.

Cognite Data Fusion™ powers companies with contextualised OT, IT, and ET data to develop solutions that increase safety, sustainability, efficiency, and drive revenue.

MM Research Institute’s evaluation emphasised the capabilities of Cognite Data Fusion™ within data processing, including 3D data; its support for the construction of dynamic virtual models and digital twins; and its contribution to the realisation of data-based maximisation of production volume and maintenance efficiency.

More details at www.cognite.com.

-- BERNAMA

INTELLIGENT WAVE INC PROVIDES IP FLOW-MONITORING SOLUTION TO FINLAND’S BROADCASTER YLE

KUALA LUMPUR, June 23 (Bernama) -- Intelligent Wave Inc (IWI), a leading company in online network infrastructure development in the finance industry, announced it has provided Yleisradio Oy (Yle), a national public service media, with ‘EoM’, an IP flow-monitoring solution.

According to a statement, Yle has implemented EoM in a plan to monitor and analyse IP flows in an upcoming renewed MCR Control Room.

The points highly evaluated during the POC include compatible with 100GbE, and supports a variety of protocols; expectation on higher availability without additional cost with 24/7 monitoring; detailed troubleshooting made possible with past data analysis; and, integration with third-party network management system.

EoM is co-developed with Japan's public broadcaster NHK aimed towards the broadcasting industry. EoM combines IWI's high-speed data-processing technology from its payment system development business and the power of FPGAs,

With the spread of 4K/8K broadcasting, it is becoming vital for broadcasters to shift to IP transmission, which calls for a tool to monitor IP flows in detail in order to maintain/increase the quality.

EoM functions/features include monitoring of 12 protocols with a supported speed of 10GbE / 25GbE / 100GbE; alert according to user-set threshold; decoding of audio and video packet; and, integration with third-party network management system.

Based in Tokyo, IWI will continuously develop features and functions that will contribute to supporting and maintaining the quality of IP broadcast.

More details at https://www.iwi.co.jp/en.

-- BERNAMA

FINANCIO CONNECT MOBILE APP RELEASED GLOBALLY

 PETALING JAYA, June 23 (Bernama) -- Asian Business Software Solutions Sdn Bhd (ABSS), a subsidiary of Censof Holdings Berhad, announced the launch of CONNECT mobile application (mobile app) on APPLE App Store, for its Financio Premium subscribers.
 
Dubbed as a next-generation mobile app, Financio CONNECT facilitates and provides convenient business accounting transactions where subscribers will be able to instantly access their data, anytime, anywhere by merely using a smartphone. CONNECT permits business owners’ real-time access to transactions, recording of expenses, quotation creation and invoicing, which automatically synchronizes to the cloud across all devices. The mobile app is efficient, easy to navigate and facilitates a secured collaboration across departments with information security settings that enable a business owner to assign role-based access to empower personnel to perform their job efficiently.
 
Financio, a cloud accounting software by ABSS, which helms the small business accounting automation in Malaysia, Singapore, Hong Kong and other countries, has been redefining how the over 25,000 small business and SME owners handle their accounting and tax tasks. The launch of the CONNECT mobile app allows Financio Premium subscribers to manage their business accounts in a seamless and integrated platform while on the go. Financio users claim that the software has helped improve productivity. It is believed that CONNECT mobile app will transform how SMEs manage business accountings by enabling accounting operations executable through smartphones.
 
ABSS Chief Executive Officer, Rhys Brown elaborated, "Small business owners work hard and are often on the move. Along with their business’s growth and expansion, there is a rising need for a reliable and efficient mobile accounting app. Therefore, we built CONNECT mobile app to fill the gap. Made available on all the three major app stores to ensure the ease of managing business accounting, Financio CONNECT provides business owners the flexibility they need to manage business accounting and perform necessary financial administration while on the go. Our app users will be able to record expenses, send invoices, see what is owed, chase payments, reconcile accounts and more with just a smartphone."
 
The Financio CONNECT mobile app is currently available for download from Google Play Store, Huawei App Gallery and Apple App store. Details and information about CONNECT including its features and functions can be found at financio.co/malaysia/connect. 


ABOUT CENSOF HOLDINGS BERHAD  

Censof Holdings Berhad (“Censof” or the “Group”) was established in 2008 as a technology holdings company that provides an extensive financial management solution for the government and commercial segments, small and medium enterprises, as well as start-ups. The Group was listed on the Main Market of Bursa Malaysia Securities Berhad in January 2011.

Through its subsidiaries, Censof is involved in providing (i) financial management solutions on the government front, (ii) financial management solutions to the SMEs and micro-SME segments, (iii) wealth management solutions, (iv) payment aggregation solutions and (v) embarking into emerging technologies. The Group is listed under the Technology Sector (Name & Code: CENSOF & 5195).

For more information about Censof Holdings Berhad, please visit https://censof.com. 


SOURCE : Censof Holdings Berhad

CLOUDFLARE NEW INTEGRATIONS TO HELP CUSTOMERS MAKE MOST OF SECURITY DATA

KUALA LUMPUR, June 23 (Bernama) -- Cloudflare Inc has announced new integrations with Microsoft Azure Sentinel, Splunk®, Datadog, and Sumo Logic to make it easier for businesses to connect and analyse key insights across their infrastructure.

Now, businesses will be able to funnel security insights from Cloudflare directly into their preferred analytics platform to easily analyse in the context of their entire technology stack – without the cost or complexity of building custom integrations.

“CISOs want their security teams to focus on security, not building clunky and costly integrations just to get insights from all of the different applications and tools in their infrastructure," said Cloudflare co-founder and chief executive officer, Matthew Prince.

"We saw an opportunity to make that process faster, easier, and cheaper, working with other top analytics platforms to bring added value to our customers. Now, we can give security teams the tools they need to have visibility and added security across the entire stack, even the parts beyond Cloudflare."

With these integrations, security teams can now extend the valuable insights provided by Cloudflare Logs to their entire stack, according to a statement.

Cloudflare’s security logs can be ingested directly to Azure Sentinel, Datadog, Splunk, and Sumo Logic within a few clicks. As a result, security teams can view the insights from Cloudflare in the context of their broader infrastructure.

With these integrations, Cloudflare is also arming customers with the ability to get insights from new datasets; take logs anywhere with support for any storage destination; and, easily visualise data in a new user interface.

Cloudflare is the security, performance, and reliability company helping to build a better Internet. Its suite of products protect and accelerate any Internet application online without adding hardware, installing software, or changing a line of code.

More details at www.cloudflare.com.

-- BERNAMA

BRIGHTCOVE-BYTEARK PARTNERSHIP BRINGS SUPERIOR NEW MEDIA, OTT TECHNOLOGIES TO THAILAND CUSTOMERS

KUALA LUMPUR, June 22 (Bernama) -- Brightcove® Inc, the global leader in video for business, has announced a technology partnership with ByteArk to support customers looking to use video to connect with viewers worldwide.

ByteArk is a leading content delivery network service provider in Thailand, according to a statement.

Brightcove and ByteArk will further empower media organisations, content owners using OTT (over-the-top) platforms, and enterprises to create a flawless viewer experience that engages and reaches viewers across any device while gaining crucial data that informs key business decisions.

“There is so much unrealised potential for online video in Thailand and Southeast Asia, and this technology partnership further strengthens Brightcove’s continued commitment to investing in the region,” said Brightcove Vice President, Global Partners, Lynn D. Tinney.

Meanwhile, ByteArk Chief Technology Officer, Somsak Sriprayoonsakul said: “Leveraging Brightcove’s industry-leading video technologies will help us provide more powerful recommendations to our audiences, and deliver beautiful yet reliable video content that consumers will love today and in the future.”

As the use of video becomes a driving force for consumer experience and satisfaction in Southeast Asia, this new technology partnership will enable Brightcove and ByteArk to leverage each other’s technology and resources to provide better service delivery for their growing base of video customers.

The reliability, scalability, and security of Brightcove’s video technologies, complemented with ByteArk’s high-performance computing and mass-enabled web systems.

This also includes their extensive network and broad reach, will enable customers to seamlessly deliver high-quality live streaming and video-on-demand to Thai audiences across the country.

More details at www.brightcove.com.

-- BERNAMA

NIPPON EXPRESS (CHINA) OPENS NEW LOGISTICS LOCATIONS IN JIASHAN, HANGZHOU AND CHANGSHU

TOKYO, June 22, 2021 /Kyodo JBN-AsiaNet/ --

- Aims to Address Yangtze River Delta's Diverse Logistics Needs in Holistic Manner -   Nippon Express (China) Co., Ltd. (hereinafter, "NE China"), a local subsidiary of Nippon Express Co., Ltd., has opened and begun operations at new logistics locations in Jiashan, Hangzhou and Changshu in the Yangtze River Delta.   Logo: https://kyodonewsprwire.jp/img/202106186445-O2-pW62k1Hc   As part of China's national strategy, integrated development has been pursued in the Yangtze River Delta, comprising 16 cities in the lower reaches of the Yangtze River in Shanghai, Jiangsu Province and Zhejiang Province. This has drawn in numerous companies not only from the electric appliance, electronics, automotive, equipment and other industries but also from the domestic demand-oriented retail and apparel industries that serve local consumers.   Taking a holistic approach to the Yangtze River Delta, NE China has set up the three new logistics centers in Jiashan, Hangzhou and Changshu to handle automotive parts and general consumer goods, and also develop high-quality logistics services offering uniform operational quality across all locations with an eye to beginning handling medical equipment.   Moving forward, NE China will be looking to actively introduce automated transport equipment and other cutting-edge technologies to save on labor, and to establish a forklift training center to improve handling techniques and safety with the aim of establishing model warehouses in China that represent an ideal fusion of hardware and software.   Profile of new location in Jiashan -Warehouse name: Nippon Express (China) Co., Ltd., Jiashan Logistics Center -Address: Jiadi China International Logistics Park, No. 199 Qiantangjiang Road, Jiashan County, Jiaxing City, Zhejiang -Warehouse area: Leased area: 4,699.43 m2 (storage area: 3,744 m2) -Warehouse specifications/equipment: One-story structure, four dock levelers   Photo1: Exterior view of Jiashan Warehouse https://kyodonewsprwire.jp/img/202106186445-O4-BYGjyV80   Photo2: Interior view of Jiashan Warehouse https://kyodonewsprwire.jp/img/202106186445-O3-16BA561z   Profile of new location in Hangzhou -Warehouse name: Nippon Express (China) Co., Ltd., Hangzhou Logistics Center -Address: B02, Kouan logistics Park, No. 26, 11th Street, Xiasha, Qiantang New District, Hangzhou City, Zhejiang -Warehouse area: Leased area: 1,550 m2 (storage area: 1,300 m2) -Warehouse specifications/equipment: Multi-tier 1F, raised-floor platform   Photo3: Exterior view of Hangzhou Warehouse https://kyodonewsprwire.jp/img/202106186445-O1-X3k6L7eJ   Photo4: Interior view of Hangzhou Warehouse https://kyodonewsprwire.jp/img/202106186445-O7-4UIut2i0   Profile of new location in Changshu -Warehouse name: Nippon Express (China) Co., Ltd., Changshu Logistics Center -Address: No. 15 Zhizhou Rd, Haiyu Town, Changshu City, Jiangsu -Warehouse area: Leased area: 6,458 m2 (storage area: 6,158.5 m2) -Warehouse specifications/equipment: Multi-tier 1F (two sections), truck dock   Photo5: Exterior view of Changshu Warehouse https://kyodonewsprwire.jp/img/202106186445-O5-313kL5M8   Photo6: Interior view of Changshu Warehouse https://kyodonewsprwire.jp/img/202106186445-O6-c5S8656d   Nippon Express website: http://www.nipponexpress.com/   Official LinkedIn account: NIPPON EXPRESS GROUP https://www.linkedin.com/company/nippon-express-group/     Source: Nippon Express Co., Ltd.  http://mrem.bernama.com/viewsm.php?idm=40337

KISWE-ROCK ENTERTAINMENT PARTNERSHIP LOCALISES ASIA-PACIFIC ESPORTS TOURNAMENTS

KUALA LUMPUR, June 21 (Bernama) -- Kiswe, the global interactive video company, and Rock Entertainment Holdings have announced a collaboration to easily and cost-effectively localise the world’s biggest esports tournaments for broadcast in the APAC region.

The partnership will enable Rock Entertainment to bring esports content from worldwide and make it specific to APAC, creating fully immersive, customised gaming experiences for players and fans in their native language.

As part of the collaboration, Kiswe Studio localised popular esport tournament 2021 VALORANT Champions Tour Stage 1 and 2 – Challengers Hong Kong/ Taiwan for Rock Entertainment and then streamed onto their linear channel ‘Blue Ant Extreme’ in March and April 2021.

Viewers can also look out for 2021 VALORANT Champions Tour Stage 3 Finals – Challengers Hong Kong/ Taiwan LIVE in July 2021, as well as other upcoming esport matches.

According to a statement, Kiswe Studio empowers event organisers to create and scale personalised content anywhere and in any language.

The partnership will allow esports producers and casters to work remotely, eliminating travel and equipment costs and risks associated with onsite production, and creating new opportunities to offer premium content and competitions and grow diverse audiences.

Networks will also have the ability to cost-effectively localise games, tap new markets for innovative content, and open up new monetisation avenues.

Gamers can look forward to watching and interacting with bespoke, top-tier competitive gaming content from around the world in their own native languages.

Headquartered in New Jersey, USA and having offices in New York, Seoul, Belgium, and Singapore, Kiswe creates real-time live streams to engage digital audiences and unique communities worldwide.

-- BERNAMA

STEP & REPEAT, FIRST-EVER GLOBAL TIKTOK REALITY SHOW BASED ON STYLE LAUNCHED

KUALA LUMPUR, June 18 (Bernama) -- Glamhive and Mary Kay Global Design Studio have announced Step & Repeat, the first-ever style show launching on TikTok.

Step & Repeat is a five-week style competition and mentorship programme where wardrobe stylists, make-up artists, and hair stylists worldwide compete in the fast-paced environment of TikTok to drive their business success.

The international competition is open to all and goes live on June 22 on TikTok, according to a statement.

TikTok's community has been growing at an incredible pace since the start of the pandemic, and unique new talents are being discovered daily on the platform. 

Step & Repeat is the first-ever global style competition on TikTok, giving structure, recognition, and rewards to winners weekly.

Glamhive and the Mary Kay Global Design Studio have partnered to create Step & Repeat as a global stage open to anyone who wants to explode onto the international scene and get recognised for their incredible talents in wardrobe, make-up, and hair styling.

Each week, Step & Repeat's host, Johnny Wujek will announce a theme-based challenge, and TikTok users will create their best wardrobe, make-up, or hair style look for that theme.

Videos will incorporate the show's custom sound, ‘Step & Repeat’, the hashtag #stepandrepeat, and the hashtag associated with each challenge, enabling all entries to be discoverable by the show's judges.

At the end of each challenge, Wujek will announce the winner in each category: wardrobe, make-up, and hair. Each winner will receive a cash prize and a one-hour mentoring session with one of the 19 industry leaders stepping up to provide mentorship.

At the end of the five weeks, Step & Repeat will announce one overall winner for each category, crowning it the very best in wardrobe, make-up, and hair based on entries from worldwide.

More details at https://www.glamhive.com/tiktok.

-- BERNAMA

D'ADDARIO & CO CO-FOUNDER, JANET D'ADDARIO, 72, DIES

KUALA LUMPUR, June 18 (Bernama) -- Janet D’Addario, a prodigious creative and philanthropic force worldwide, and wife of D’Addario Chairman, Jim D’Addario, died June 14 at her home, surrounded by family.

According to a statement, the 72-year-old succumbed to complications from gall bladder cancer, said Jim.

Janet Marie D’Addario was born on Dec 10, 1948 in Nassau County. Her education circumnavigated Long Island: St Brigid in Westbury; St Dominic’s High School in Oyster Bay, and Nassau Community College in Garden City.

When D’Addario & Co was founded in 1973, Janet used her creative talents to design the company’s advertising as well as the packaging design for all of their products.

As a fledgling organisation, Janet’s vision and compassion had a tremendous influence on the development of the culture that guides the organisation today.

She would go on to wear many hats, including head of Artist Relations and co-founder of the D’Addario Foundation, which continues to provide music education to young children in underserved communities.

Janet served as the Managing Director of the Foundation for 20 years, helping to raise awareness for the cause by producing classical music concerts in cities worldwide.

The one charity that held a particularly special place in her heart was Providence House, a New York institution that provides transitional housing for homeless women and children.

Janet is survived by her loving husband of over 50 years, Jim, and their three children: Julie (Pat); Amy (Marcus) and Robert (Gina).

In lieu of any gifts or flowers, the family asks anyone wishing to pay their respects to consider a modest donation to Providence House.

-- BERNAMA

LUCIDWORKS JOINS GOOGLE CLOUD PARTNER ADVANTAGE PROGRAM AND LAUNCHES FUSION, AI-POWERED SEARCH PLATFORM, THROUGH GOOGLE CLOUD MARKETPLACE

 

Lucidworks Fusion gives customers the ability to easily deploy AI-powered data discovery and search applications in a cloud environment


SAN FRANCISCO, June 18 (Bernama-GLOBE NEWSWIRE) -- Lucidworks, provider of the Connected Experience Cloud, today announced that the company has joined the Google Cloud Partner Advantage Program. Google Cloud customers now have the ability to deploy Fusion from within the Google Cloud Marketplace, allowing users to create AI-powered product discovery and knowledge management applications in a modern, containerized, and cloud-native architecture.

As a Google Cloud Technology Partner, Lucidworks offers customers the ability to provide their users with contextual, personally relevant search results and proactive recommendations powered by artificial intelligence. Millions of users can discover insights at the moment they have a question, across hundreds of millions of documents and records. With Lucidworks Fusion, customers can:

• Increase control around browse and search experience to deliver the right results to users, remove friction, and increase revenue and efficiency.
• Deliver a consistent and personalized experience across the user lifecycle by personalizing results based on user signals.
• Leverage existing knowledge across the organization to empower employees to do their best work by eliminating information silos and quickly providing necessary insights to improve employee engagement and productivity.
• Maximize the value of data discovery and enable organizations to find connections, patterns, and anomalies in data sets in order to make informed decisions.
• Create connected experiences for employees and customers by collecting signals across all channels and applying those insights everywhere to deliver omnichannel personalization.

“A portion of legacy businesses that we assumed would stay on-prem is now moving to the cloud and turning to Google Cloud as the most trusted and secure platform,” says Will Hayes, CEO, Lucidworks. “Our partnership with Google Cloud means that we can power seamless support and services so our customers can focus on what they do best, and we can focus on delivering best-in-class solutions. Google Cloud customers can now create connected digital experiences for their valued customers and employees.”

Google Cloud Marketplace lets users quickly deploy functional software packages that run on Google Cloud, with no manual configuration required. Lucidworks’ offering on Google Cloud includes applications that run on the Fusion platform, such as Predictive Merchandiser (PM) and Smart Answers. PM helps ecommerce teams harness the power of machine learning to boost conversions. Smart Answers enhances chatbots and virtual assistants with natural language processing and deep learning to reduce time-to-resolution and support costs. Lucidworks suite of products are trusted by the world’s largest brands, including Lenovo, Red Hat, Reddit and Cisco Systems, to capture insights across all channels and apply them everywhere to power omnichannel personalization for customers and employees.

Visit Lucidworks’ Google Cloud Marketplace listing for more information.

About Lucidworks
Lucidworks offers the Connected Experience Cloud (CXC) that captures user signals from every action and applies them to digital experiences everywhere. CXC combines the power of search and machine learning to personalize experiences that meet employees' and customers' unique intent. The world’s largest brands, including Lenovo, Red Hat, Reddit and Cisco Systems rely on Lucidworks’ suite of products to power product discovery, customer service, and knowledge management applications that delight customers and empower employees. Learn more at Lucidworks.com.

PR Contact
Joel Richman
Lucidworks@Escalatepr.com 

SOURCE : Lucidworks, Inc.

SYNCHRONOSS ANNOUNCES CFO TRANSITION PLAN

Company Reaffirms Fiscal Year 2021 Guidance

BRIDGEWATER, N.J., June 17 (Bernama-GLOBE NEWSWIRE) -- Synchronoss Technologies, Inc. (NASDAQ: SNCR), a global leader and innovator of cloud, messaging and digital products and platforms, today announced a CFO transition plan with current Chief Financial Officer (CFO) David Clark stepping down from his role on August 9, 2021, to pursue other personal and career interests. Clark’s transition is unrelated to the Company’s financial reporting and business performance, and the Company is reaffirming 2021 guidance previously provided on May 10, 2021, in parallel with today’s announcement. Clark was appointed CFO in August 2018.

Commenting on Clark’s departure, Jeff Miller, President and CEO of Synchronoss, said: “I’ve enjoyed working alongside David and thank him for his commitment to the Company. David joined Synchronoss to make enhancements to our operational controls and reporting. During his tenure he has helped Synchronoss navigate successfully through significant improvements in management of operating expenses and implementation of financial governance and controls. I firmly believe his contributions have positioned us for future growth and success. On a personal note, I wish him only the best with his future endeavors and appreciate his support during this leadership transition.”

An executive search for Clark’s replacement is currently underway. He will remain in his current role until his departure date and will support Synchronoss as it transitions the CFO role to a successor.

About Synchronoss
Synchronoss Technologies (NASDAQ: SNCR) builds software that empowers companies around the world to connect with their subscribers in trusted and meaningful ways. The company’s collection of products helps streamline networks, simplify onboarding and engage subscribers to unleash new revenue streams, reduce costs and increase speed to market. Hundreds of millions of subscribers trust Synchronoss products to stay in sync with the people, services and content they love. That’s why more than 1,500 talented Synchronoss employees worldwide strive each day to reimagine a world in sync. Learn more at www.synchronoss.com

Forward-Looking Statements

This press release includes statements concerning Synchronoss and its future expectations, plans and prospects that constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. For this purpose, any statements contained herein that are not statements of historical fact may be deemed to be forward-looking statements. Without limiting the foregoing, the words “may,” “should,” “expects,” “plans,” “anticipates,” “could,” “intends,” “believes,” “potential” or “continue” or other similar expressions are intended to identify forward-looking statements. Synchronoss has based these forward-looking statements largely on its current expectations and projections about future events and financial trends that it believes may affect its business, financial condition and results of operations. These forward-looking statements speak only as of the date of this press release and are subject to a number of risks, uncertainties and assumptions including, without limitation, risks relating to the Company’s ability to sustain or increase revenue from its larger customers and generate revenue from new customers, the Company’s expectations regarding expenses and revenue, the sufficiency of the Company’s cash resources, the Company’s growth strategies, the anticipated trends and challenges in the business and the market in which the Company operates, the Company’s expectations regarding federal, state and foreign regulatory requirements, the pending lawsuits against the Company described in its most recent SEC filings, and other risks and factors that are described in the “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” sections of the Company’s Annual Report on Form 10-K for the year ended December 31, 2020 and Quarterly Report on Form 10-Q for the quarter ended March 31, 2021, which are on file with the SEC and available on the SEC’s website at www.sec.gov. The company does not undertake any obligation to update any forward-looking statements contained in this press release as a result of new information, future events or otherwise.

http://mrem.bernama.com/viewsm.php?idm=40307

VORTEXA NEW FREIGHT ANALYTICS BRINGS UNPARALLELED MARKET EDGE TO CHARTERERS, TRADERS, SHIPOWNERS

KUALA LUMPUR, June 18 (Bernama) -- Vortexa, a leading energy and shipping analytics platform, has announced the launch of a suite of brand new Freight Analytics screens providing a past, present and future views of the supply and demand across all tanker classes globally.

Vortexa Chief Executive Officer, Fabio Kuhn said: “Our next-generation of freight analytics will be a major source of competitive advantage to charterers, ship owners and traders.

“We are very excited to level up the shipping markets to the frontier of what’s possible today, with deep technology and advanced industry expertise.’’

The highly intuitive screens, including Vessel Availability, Congestion, Fleet Distribution and Fleet Utilisation surface clear, reliable and accurate data analysis and insights in real-time, allowing charterers, traders and ship owners to make high-stake decisions in the shipping markets with confidence, seizing market opportunities before others.

According to a statement, Vortexa clients can instantly understand changes in global freight supply and demand in real time to significantly strengthen their hand in the market.

Charterers can accurately make time chartering decisions, capture the best vessels in the market, minimise demurrage costs and optimise operations.

Shipowners can evaluate supply and demand market dynamics to enhance fleet positioning and identify emerging freight trading opportunities.

In addition, traders can quickly identify early indicators of physical movements that will inevitably impact prices and influence time-sensitive decisions ahead of the energy markets.

-- BERNAMA

LIVEART MARKET PUBLIC LAUNCH ANNOUNCED

KUALA LUMPUR, June 17 (Bernama) -- LiveArt has announced the public launch of LiveArt Market, the digital peer-to-peer marketplace that places control into the hands of sellers and buyers.

LiveArt Market began limited, invitation-only trading last week and has already achieved sales approaching US$5 million, with more than 1,000 works of art valued at approximately US$120 million in the pipeline for sale. (US$1 = RM4.136)

Prices have ranged between US$50,000 and US$500,000, with works by Amoako Boafo and Ed Clark commanding six-figure sums. Early offerings available for purchase include works by Derrick Adams, Jean-Michel Basquiat, Yayoi Kusama, Pablo Picasso and Andy Warhol, among others.

LiveArt puts collectors in control by providing participants with one destination for real-time information and an efficient and secure marketplace in which to privately transact.

All LiveArt Market participants are extensively vetted and therefore, can transact anonymously in virtual deal rooms. Additionally, sellers can control the visibility of their works of art and only share exact details and images once they are comfortable with a potential buyer – addressing two key concerns often raised by market participants.

In a statement, LiveArt Executive Vice President George O’Dell said: “LiveArt provides a level of access and discovery that was previously available only to the most seasoned market participants.

“The platform is an exciting place for collectors to engage directly and chase otherwise unavailable blue-chip treasures, observe the latest trends, and discover artists usually reserved for a small coterie of insiders. For the first time, collectors anywhere in the world will have access to an exciting offering of works to suit all tastes.”

-- BERNAMA