Improving value and quality of product and service solutions for customers
Kennesaw, Georgia, June 28 (Bernama-GLOBE NEWSWIRE) -- BrandSafway, a leading provider of work access and specialized services to the global industrial, commercial and infrastructure markets, has formed an innovation council to identify, develop and launch new, forward-thinking ideas.
“We take our role as the industry’s leader in safety, engineering and innovation seriously,” said Bill Hayes, president and CEO of BrandSafway “The BrandSafway Innovation Council will focus on harnessing internal creativity in the development of new processes and tools.”
BrandSafway leads the industry with patented and proprietary products like the QuikDeck® Suspended Access System, which creates a factory-floor-like platform in the air, reducing craft labor by as much as 35 percent or more, and BrandNet®, which increases productivity on jobsites through access optimization. “Our Innovation Council is developing a pipeline of similar, innovative solutions,” Hayes said. “They will focus on accelerating ideation, development and commercialization.”
Access and industrial services are connected to many major industries – refining, power, commercial construction, transportation and infrastructure. “By helping our customers improve safety and increase productivity, we can have a powerful, positive impact on our customers, their industries and the economy,” Hayes explained. “The Council is an important step in improving and accelerating innovation globally, while ultimately increasing the value we bring to our customer sites. BrandSafway is invested in continuing to provide thought leadership in safety, engineering and innovation.”
Vishnu Irigireddy, vice president of Global Engineering for SafeWorks, a BrandSafway company, has been named chair of the Innovation Council. “This is an exciting time at BrandSafway,” Irigireddy said. “The Innovation Council not only provides an opportunity for ideas to be heard and carefully considered; it’s a great way for our various divisions and departments to build off each other, and in the end, come up with even better, safer and more productive solutions for our customers.”
Irigireddy joined the SafeWorks leadership team in 2016, bringing more than 18 years of senior leadership experience in engineering and strategic growth. The Council also includes leaders from throughout all BrandSafway’s departments and divisions. This includes product line management, safety, business and operational leaders in BrandSafway’s industrial, commercial and infrastructure segments.
“Our people are our greatest asset,” said Hayes. “We have the most experienced team in the industry, and the Council will provide a forum to capture their ideas for improving safety and productivity for our customers.”
About BrandSafway
With a commitment to safety as its foremost value, BrandSafway provides the broadest range of services, products and solutions, with the greatest depth of expertise, to the industrial, commercial and infrastructure end markets. A portfolio company of Clayton, Dubilier & Rice, BrandSafway offers access, industrial services and forming and shoring solutions to more than 32,000 customers through a workforce of approximately 35,000 employees, who support our network of 350 strategic locations across 30 countries. With its global footprint, rigorous operating processes and extensive service offerings — access, insulation, coatings, specialty industrial services and forming and shoring — BrandSafway supports customers’ maintenance and refurbishment needs as well as new construction and expansion plans. Today’s BrandSafway — large enough to leverage economies of scale to increase safety and productivity, while remaining nimble and responsive — delivers unmatched service with local labor and management. For more information, visit www.brandsafway.com.
Karla Cuculi
BrandSafway
414-523-6580
KCuculi@BrandSafway.com
Source : BrandSafway
--BERNAMA
Friday, June 29, 2018
NTT COMMUNICATIONS WINS BEST NFV/SDN IMPLEMENTATION AND MOST INNOVATIVE IOT PROJECT AT TELECOM ASIA AWARDS 2018
TOKYO, June 27 (Bernama-BUSINESS WIRE) -- NTT Communications Corporation (NTT Com), the information and communications technology (ICT) solutions business within the NTT (TOKYO:9432), announced today that it has won Best NFV/SDN Implementation and Most Innovative IoT Project in the Telecom Asia Awards 2018, during a gala ceremony in Singapore on June 26.
This press release features multimedia. View the full release here:https://www.businesswire.com/news/home/20180626005019/en/
NTT Com was named Best NFV/SDN Implementation, an award that recognizes a provider demonstrated a high-quality network utilizing NFV and SDN. NTT Com offers unrivaled performance and connectivity in over 190 countries/regions through its SD-WAN Service Portfolio. These services transform the way networks are designed and built by leveraging the industry’s leading global SD-WAN platform to deliver a next generation WAN solution with application-awareness, optimized MPLS, Internet, or hybrid connectivity networking, fully integrated security and application acceleration services to optimize the user experience.
NTT Com also won the Most Innovative IoT Project. The award recognizes that a provider offers innovative IoT-related service offerings and capabilities. NTT Com’s IoT Platform, a one-stop packaged IoT service, offers devices to data collecting and analysis software platform with private cloud services to meet customers’ requirements.
“It is hard to find an organization today – public or private – that is not at some stage of a digital transformation journey. These initiatives are driven by a relentless obsession to deliver exceptional customer experience. Behind the façade lies technologies that are scalable, responsive solutions that seamlessly deliver the promise of digital-led experience. NTT Communications’ efforts around IoT and SDN are enablers of that desire,” Allan Tan, Regional Content and Strategy Director, Enterprise Solutions, Questex Media.
Now in its 21st year, the awards are the region’s longest-running and most prestigious telecom industry awards. They reward innovative and outstanding performance by Asian service providers and industry executives. The winners were chosen by a panel of 20 independent judges on the basis of innovation, financial performance, technology, market leadership and corporate governance. Awards were presented in 24 categories.
For more information about NTT Com’s awards, visit here.
About NTT Communications Corporation
NTT Communications solves the world’s technology challenges by helping enterprises overcome complexity and risk in their ICT environments with managed IT infrastructure solutions. These solutions are backed by our worldwide infrastructure, including industry leading, global tier-1 public and private networks reaching over 190 countries/regions, and more than 400,000m2 of the world’s most advanced data center facilities. Our global professional services teams provide consultation and architecture for the resiliency and security required for your business success, and our scale and global capabilities are unsurpassed. Combined with NTT Data, NTT Security, NTT DOCOMO and Dimension Data, we are NTT Group.
www.ntt.com | Twitter@NTT Com | Facebook@NTT Com | LinkedIn@NTT Com
View source version on businesswire.com: https://www.businesswire.com/news/home/20180626005019/en/
Contact
For more information
NTT Communications
Yuko Miyamoto (Ms.) / Aoi Funagoshi (Ms.), +81-3-6700-4010
Public Relations
ar-cp@ntt.com
Source : NTT Communications Corporation
--BERNAMA
This press release features multimedia. View the full release here:https://www.businesswire.com/news/home/20180626005019/en/
NTT Com was named Best NFV/SDN Implementation, an award that recognizes a provider demonstrated a high-quality network utilizing NFV and SDN. NTT Com offers unrivaled performance and connectivity in over 190 countries/regions through its SD-WAN Service Portfolio. These services transform the way networks are designed and built by leveraging the industry’s leading global SD-WAN platform to deliver a next generation WAN solution with application-awareness, optimized MPLS, Internet, or hybrid connectivity networking, fully integrated security and application acceleration services to optimize the user experience.
NTT Com also won the Most Innovative IoT Project. The award recognizes that a provider offers innovative IoT-related service offerings and capabilities. NTT Com’s IoT Platform, a one-stop packaged IoT service, offers devices to data collecting and analysis software platform with private cloud services to meet customers’ requirements.
“It is hard to find an organization today – public or private – that is not at some stage of a digital transformation journey. These initiatives are driven by a relentless obsession to deliver exceptional customer experience. Behind the façade lies technologies that are scalable, responsive solutions that seamlessly deliver the promise of digital-led experience. NTT Communications’ efforts around IoT and SDN are enablers of that desire,” Allan Tan, Regional Content and Strategy Director, Enterprise Solutions, Questex Media.
Now in its 21st year, the awards are the region’s longest-running and most prestigious telecom industry awards. They reward innovative and outstanding performance by Asian service providers and industry executives. The winners were chosen by a panel of 20 independent judges on the basis of innovation, financial performance, technology, market leadership and corporate governance. Awards were presented in 24 categories.
For more information about NTT Com’s awards, visit here.
About NTT Communications Corporation
NTT Communications solves the world’s technology challenges by helping enterprises overcome complexity and risk in their ICT environments with managed IT infrastructure solutions. These solutions are backed by our worldwide infrastructure, including industry leading, global tier-1 public and private networks reaching over 190 countries/regions, and more than 400,000m2 of the world’s most advanced data center facilities. Our global professional services teams provide consultation and architecture for the resiliency and security required for your business success, and our scale and global capabilities are unsurpassed. Combined with NTT Data, NTT Security, NTT DOCOMO and Dimension Data, we are NTT Group.
www.ntt.com | Twitter@NTT Com | Facebook@NTT Com | LinkedIn@NTT Com
View source version on businesswire.com: https://www.businesswire.com/news/home/20180626005019/en/
Contact
For more information
NTT Communications
Yuko Miyamoto (Ms.) / Aoi Funagoshi (Ms.), +81-3-6700-4010
Public Relations
ar-cp@ntt.com
Source : NTT Communications Corporation
--BERNAMA
THE WALT DISNEY STUDIOS SELECTS CISCO AS AN INNOVATION PARTNER OF THE WALT DISNEY STUDIOS STUDIOLAB
SAN JOSE, Calif., June 27 (Bernama-GLOBE NEWSWIRE) -- Cisco today announced that it has been selected by The Walt Disney Studios as a founding member and Innovation Partner of The Walt Disney Studios StudioLAB. StudioLAB will be based on The Walt Disney Studios Lot in Burbank, California.
The announcement was made on stage at the first annual “XR On the Bay” Conference hosted by the Advanced Imaging Society at Cisco corporate campus in San Jose, California.
The StudioLAB initiative is focused on using cutting-edge technologies to reimagine, design, and prototype the entertainment and production capabilities of the future. The 3,500 square foot StudioLAB facility will be located on the historic Disney studio lot in Burbank.
The Walt Disney Studios produces feature films from Disney, and includes Walt Disney Animation Studios; Pixar Animation Studios; Marvel Studios; and Lucasfilm. It also brings music and stage plays to consumers via The Disney Music Group and Disney Theatrical Group.
StudioLAB will feature Cisco hardware and software solutions extending to services spanning network, storage, orchestration and collaboration. Initial areas of focus will include:
The announcement was made on stage at the first annual “XR On the Bay” Conference hosted by the Advanced Imaging Society at Cisco corporate campus in San Jose, California.
The StudioLAB initiative is focused on using cutting-edge technologies to reimagine, design, and prototype the entertainment and production capabilities of the future. The 3,500 square foot StudioLAB facility will be located on the historic Disney studio lot in Burbank.
The Walt Disney Studios produces feature films from Disney, and includes Walt Disney Animation Studios; Pixar Animation Studios; Marvel Studios; and Lucasfilm. It also brings music and stage plays to consumers via The Disney Music Group and Disney Theatrical Group.
StudioLAB will feature Cisco hardware and software solutions extending to services spanning network, storage, orchestration and collaboration. Initial areas of focus will include:
- Enhancing the remote collaboration experience for creatives and studio leadership
- Providing a more seamless and secure connectivity for filmmakers, the studio, and third parties
- Offering efficient and reliable ways to deliver production data and assets from set to the cloud
“We are aligning with best-of-breed technology companies to support our vision for StudioLAB. Our goal is to jointly innovate and apply emerging technologies to support our production capabilities and help build new entertainment experiences,” said Benjamin Havey, vice president, Technology Innovation Group, The Walt Disney Studios. “We are very pleased to welcome Cisco as a StudioLAB Innovation Partner, as we combine the best of Silicon Valley and Hollywood to help our storytellers tell their very best stories. Through this partnership, we can push the boundaries of how content can be created and consumed.”
“Cisco and Disney are helping to drive innovation in the entertainment industry, combining our expertise, skills, content, technology and passion,” said David Ward, senior vice president, CTO and chief architect, Cisco. “This partnership is a game changer for the media industry, and we are excited for the opportunity to work closely with The Walt Disney Studios team to prototype, develop and showcase new technology at StudioLAB. This will be the place where true innovation comes alive in media entertainment.”
Supporting resources
“Cisco and Disney are helping to drive innovation in the entertainment industry, combining our expertise, skills, content, technology and passion,” said David Ward, senior vice president, CTO and chief architect, Cisco. “This partnership is a game changer for the media industry, and we are excited for the opportunity to work closely with The Walt Disney Studios team to prototype, develop and showcase new technology at StudioLAB. This will be the place where true innovation comes alive in media entertainment.”
Supporting resources
- About XR on the Bay
- About Cisco Media Blueprint
- For more information about Cisco service provider news and activities, visit the SP360 blog or follow us on Twitter @CiscoSP360, #XRontheBay18
- Follow us on our LinkedIn page for targeted updates and announcements
- Subscribe to Cisco's SP360 feed
RSS Feed for Cisco: http://newsroom.cisco.com/dlls/rss.html
About Cisco
Cisco (NASDAQ:CSCO) is the worldwide leader in IT that helps companies seize the opportunities of tomorrow by proving that amazing things can happen when you connect the previously unconnected. For ongoing news, please go to http://thenetwork.cisco.com.
Cisco and the Cisco logo are trademarks or registered trademarks of Cisco and/or its affiliates in the U.S. and other countries. A listing of Cisco's trademarks can be found at www.cisco.com/go/trademarks. Third-party trademarks mentioned are the property of their respective owners. The use of the word partner does not imply a partnership relationship between Cisco and any other company.
Press Contact:
Sara Cicero stutzes@cisco.com
Source : Cisco Systems, Inc.
--BERNAMA
About Cisco
Cisco (NASDAQ:CSCO) is the worldwide leader in IT that helps companies seize the opportunities of tomorrow by proving that amazing things can happen when you connect the previously unconnected. For ongoing news, please go to http://thenetwork.cisco.com.
Cisco and the Cisco logo are trademarks or registered trademarks of Cisco and/or its affiliates in the U.S. and other countries. A listing of Cisco's trademarks can be found at www.cisco.com/go/trademarks. Third-party trademarks mentioned are the property of their respective owners. The use of the word partner does not imply a partnership relationship between Cisco and any other company.
Press Contact:
Sara Cicero stutzes@cisco.com
Source : Cisco Systems, Inc.
--BERNAMA
BW LPG SENDS LETTER TO DORIAN BOARD OF DIRECTORS, REITERATING COMMITMENT TO PROPOSED COMBINATION WITH DORIAN
Highlights Strong Support for the Proposed Transaction Expressed by Many Shareholders of Both Dorian and BW LPG
Urges Dorian to Engage with BW LPG to Realize Value Maximizing Opportunity
OSLO, Norway, June 27 (Bernama-BUSINESS WIRE) -- BW LPG Limited (“BW LPG”, the “Company”, OSE ticker code “BWLPG”) today sent an open letter to the Dorian LPG (“Dorian”) (NYSE: LPG) Board of Directors regarding BW LPG’s proposal to combine with Dorian, under which Dorian shareholders would receive 2.05 BW LPG shares for each Dorian share.
Based on BW LPG’s current price of NOK 33.80 (USD $4.17) as of June 25, 2018, BW LPG’s proposal to combine with Dorian represents a value of USD $8.55, a 22.9% premium to Dorian’s unaffected share price of USD $6.96 as of May 25, 2018. On a pro forma basis for the year ended December 31, 2017, Dorian would have contributed 33% of revenue, 38% of EBITDA and 40% of free cash flow while its shareholders would receive a 45% stake in the combined entity.
The overall market response has been positive and reflective of the significant benefits of the proposed combination, including the creation of a leading VLGC player, significant synergies, increased market capitalization, cash flow accretion, liquidity for Dorian shareholders, and a stronger credit profile. The Company has communicated with a significant percentage of Dorian’s shareholder base, and the response of shareholders to the proposed transaction has been overwhelmingly positive. Importantly, several Dorian shareholders have publicly declared their support for the transaction by sending open letters to the Dorian Board of Directors expressing their views that the proposal is in the best interest of Dorian shareholders.
BW LPG Chief Executive Officer, Martin Ackermann, said, “We urge Dorian’s Board of Directors to respond to its shareholders and engage with us. Since announcing the proposal, we have spoken with many BW LPG and Dorian shareholders and are pleased with the positive feedback we have received. It is clear that both companies’ shareholders recognize the compelling benefits of the proposed combination. We were surprised that Dorian’s Board of Directors rejected our proposal without giving us the opportunity to engage in a discussion, and believe a number of the points Dorian’s Board of Directors highlighted suggest a misunderstanding of our business and the proposed combination. We believe that a discussion between Dorian and BW LPG would be appropriate to address any questions Dorian may have about our proposal and we are ready to meet with them.”
Urges Dorian to Engage with BW LPG to Realize Value Maximizing Opportunity
OSLO, Norway, June 27 (Bernama-BUSINESS WIRE) -- BW LPG Limited (“BW LPG”, the “Company”, OSE ticker code “BWLPG”) today sent an open letter to the Dorian LPG (“Dorian”) (NYSE: LPG) Board of Directors regarding BW LPG’s proposal to combine with Dorian, under which Dorian shareholders would receive 2.05 BW LPG shares for each Dorian share.
Based on BW LPG’s current price of NOK 33.80 (USD $4.17) as of June 25, 2018, BW LPG’s proposal to combine with Dorian represents a value of USD $8.55, a 22.9% premium to Dorian’s unaffected share price of USD $6.96 as of May 25, 2018. On a pro forma basis for the year ended December 31, 2017, Dorian would have contributed 33% of revenue, 38% of EBITDA and 40% of free cash flow while its shareholders would receive a 45% stake in the combined entity.
The overall market response has been positive and reflective of the significant benefits of the proposed combination, including the creation of a leading VLGC player, significant synergies, increased market capitalization, cash flow accretion, liquidity for Dorian shareholders, and a stronger credit profile. The Company has communicated with a significant percentage of Dorian’s shareholder base, and the response of shareholders to the proposed transaction has been overwhelmingly positive. Importantly, several Dorian shareholders have publicly declared their support for the transaction by sending open letters to the Dorian Board of Directors expressing their views that the proposal is in the best interest of Dorian shareholders.
BW LPG Chief Executive Officer, Martin Ackermann, said, “We urge Dorian’s Board of Directors to respond to its shareholders and engage with us. Since announcing the proposal, we have spoken with many BW LPG and Dorian shareholders and are pleased with the positive feedback we have received. It is clear that both companies’ shareholders recognize the compelling benefits of the proposed combination. We were surprised that Dorian’s Board of Directors rejected our proposal without giving us the opportunity to engage in a discussion, and believe a number of the points Dorian’s Board of Directors highlighted suggest a misunderstanding of our business and the proposed combination. We believe that a discussion between Dorian and BW LPG would be appropriate to address any questions Dorian may have about our proposal and we are ready to meet with them.”
Thursday, June 28, 2018
PRESERVING FUTURE EFFECTIVENESS OF ANTIBIOTICS VIA SUSTAINABLE MANUFACTURING PROCESSES AND CLEAN TECHNOLOGY
Workshop on sustainable pharmaceutical production held recently in Malaysia, jointly hosted by DSM Sinochem Pharmaceuticals (DSP) and the Indian Institute of Technology, New Delhi
KUALA LUMPUR, Malaysia, June 26 (Bernama-BUSINESS WIRE) -- DSM Sinochem Pharmaceuticals (DSP), a global leader in sustainable production of antibiotics, in collaboration with the Indian Institute of Technology (IIT), New Delhi hosted a Sustainability Through Excellence in Manufacturing (STEM) workshop on advanced, clean, sustainable manufacturing and quality techniques to share best practices with participants from leading pharmaceutical companies in Malaysia. The training and education session was attended by approximately 50 participants across the Manufacturing, R&D, Regulatory Affairs, Quality Control/Assurance and Purchasing sectors.
Factors that commonly contribute to antimicrobial resistance (AMR) include misuse and overuse of antibiotics, as well as rising industrial pollution, particularly pharmaceutical waste. The discharge of pharmaceutical waste into the environment containing antimicrobial activity can contribute to the growth of AMR, even during the production of these life-saving medicines, endangering their future efficacy. DSP recently organized similar awareness workshops on these issues with industry stakeholders in India, UAE, South Korea, Vietnam, Thailand and Indonesia.
Tim Rutten, Business Director AMEA for DSP stated: “Malaysia has a rapidly growing domestic pharmaceutical industry, ably supported by government policies, private investment and public-private collaborations. Antibiotics are the cornerstone of modern health care, curing bacterial infections and enabling advanced medical treatments such as surgery and cancer treatments. To continue the move forward, the pharmaceutical industry must ensure that antibiotics are made, used and taken responsibly to prevent the further growth of AMR. To support this, this workshop addresses important topics such quality by design, cleanest production technologies and responsible waste management.”
The Malaysian Health Ministry has initiated a working committee that called for urgent collaborations amongst different sectors, as part of its One Health Approach, in order to address the gaps and solutions of the AMR situation in the country. The committee opted for four priority areas, as part of the commitments in Malaysia’s National Action Plan on AMR (MyAP-AMR). These include: public awareness and education, surveillance and research, infection prevention and control and appropriate use of antimicrobials.
Under the “One Health” framework, the National Antimicrobial Resistance Committee (NARC) was formed in March 2017. As a part of this, an event-based surveillance protocol will be established in 2018 by developing an alert mechanism for the detection and reporting of newly emerging resistance that could constitute a public health emergency.
Prof. Anurag S. Rathore, Indian Institute of Technology, New Delhi stated: “While antibiotic resistance is a global challenge, solutions need to be determined at national and regional levels. Consumers, stakeholders and the pharmaceutical industry must be more responsive about the environmental implications of antibiotics residues in pharmaceutical effluents. Next to investments to develop new drugs, sustainable manufacturing processes must continue to develop, while ensuring that quality and affordability concerns remain addressed.”
About DSM Sinochem Pharmaceuticals:
DSM Sinochem Pharmaceuticals (DSP) is the global leader in sustainable antibiotics, next-generation statins and anti-fungals. DSP develops, produces and sells intermediates, active pharmaceutical ingredients and drug products. Our employees worldwide work together to deliver cutting-edge generics solutions that help to keep customers ahead of the competition. Headquartered in Singapore, the group has manufacturing sites and sales offices in China, India, Egypt, the Netherlands, Spain, the USA and Mexico. DSP is a 50/50 Joint Venture of Royal DSM, a global science-based company active in health, nutrition and materials, and Sinochem Group, a Fortune 500 enterprise.
View source version on businesswire.com: https://www.businesswire.com/news/home/20180626005125/en/
Contact
DSM Sinochem Pharma (DSP)
Suman Sharma: + 91-9619552810
suman.sharma@dsm-sinochem.com
or
Avian WE
Sharat Shyam: +91-9953860601
sharat@avian-media.com
or
Chandra Ramakrishnan: +91-9810998082
chandra@avian-media.com
Source : DSM Sinochem Pharmaceuticals
--BERNAMA
KUALA LUMPUR, Malaysia, June 26 (Bernama-BUSINESS WIRE) -- DSM Sinochem Pharmaceuticals (DSP), a global leader in sustainable production of antibiotics, in collaboration with the Indian Institute of Technology (IIT), New Delhi hosted a Sustainability Through Excellence in Manufacturing (STEM) workshop on advanced, clean, sustainable manufacturing and quality techniques to share best practices with participants from leading pharmaceutical companies in Malaysia. The training and education session was attended by approximately 50 participants across the Manufacturing, R&D, Regulatory Affairs, Quality Control/Assurance and Purchasing sectors.
Factors that commonly contribute to antimicrobial resistance (AMR) include misuse and overuse of antibiotics, as well as rising industrial pollution, particularly pharmaceutical waste. The discharge of pharmaceutical waste into the environment containing antimicrobial activity can contribute to the growth of AMR, even during the production of these life-saving medicines, endangering their future efficacy. DSP recently organized similar awareness workshops on these issues with industry stakeholders in India, UAE, South Korea, Vietnam, Thailand and Indonesia.
Tim Rutten, Business Director AMEA for DSP stated: “Malaysia has a rapidly growing domestic pharmaceutical industry, ably supported by government policies, private investment and public-private collaborations. Antibiotics are the cornerstone of modern health care, curing bacterial infections and enabling advanced medical treatments such as surgery and cancer treatments. To continue the move forward, the pharmaceutical industry must ensure that antibiotics are made, used and taken responsibly to prevent the further growth of AMR. To support this, this workshop addresses important topics such quality by design, cleanest production technologies and responsible waste management.”
The Malaysian Health Ministry has initiated a working committee that called for urgent collaborations amongst different sectors, as part of its One Health Approach, in order to address the gaps and solutions of the AMR situation in the country. The committee opted for four priority areas, as part of the commitments in Malaysia’s National Action Plan on AMR (MyAP-AMR). These include: public awareness and education, surveillance and research, infection prevention and control and appropriate use of antimicrobials.
Under the “One Health” framework, the National Antimicrobial Resistance Committee (NARC) was formed in March 2017. As a part of this, an event-based surveillance protocol will be established in 2018 by developing an alert mechanism for the detection and reporting of newly emerging resistance that could constitute a public health emergency.
Prof. Anurag S. Rathore, Indian Institute of Technology, New Delhi stated: “While antibiotic resistance is a global challenge, solutions need to be determined at national and regional levels. Consumers, stakeholders and the pharmaceutical industry must be more responsive about the environmental implications of antibiotics residues in pharmaceutical effluents. Next to investments to develop new drugs, sustainable manufacturing processes must continue to develop, while ensuring that quality and affordability concerns remain addressed.”
About DSM Sinochem Pharmaceuticals:
DSM Sinochem Pharmaceuticals (DSP) is the global leader in sustainable antibiotics, next-generation statins and anti-fungals. DSP develops, produces and sells intermediates, active pharmaceutical ingredients and drug products. Our employees worldwide work together to deliver cutting-edge generics solutions that help to keep customers ahead of the competition. Headquartered in Singapore, the group has manufacturing sites and sales offices in China, India, Egypt, the Netherlands, Spain, the USA and Mexico. DSP is a 50/50 Joint Venture of Royal DSM, a global science-based company active in health, nutrition and materials, and Sinochem Group, a Fortune 500 enterprise.
View source version on businesswire.com: https://www.businesswire.com/news/home/20180626005125/en/
Contact
DSM Sinochem Pharma (DSP)
Suman Sharma: + 91-9619552810
suman.sharma@dsm-sinochem.com
or
Avian WE
Sharat Shyam: +91-9953860601
sharat@avian-media.com
or
Chandra Ramakrishnan: +91-9810998082
chandra@avian-media.com
Source : DSM Sinochem Pharmaceuticals
--BERNAMA
MILLIONAIREMANSION.CO.UK OFFER BRITISH MANSION IN THE FIRST GLOBAL COMPETITION TO WIN A LUXURY HOME
LONDON, June 27 (Bernama-BUSINESS WIRE) -- millionairemansion.co.uk are opening their competition to win a 2.3million pound UK mansion to participants around the world making it the first global luxury house competition. The country mansion is in Devon, England, 2 hours drive from London and only 25 minutes from the beautiful and historic Devonshire coast.
The mansion comes with all the contents and furnishings, indoor swimming pool, gym, three-hole golf course, 10-acres of grounds, four-car garage and a separate apartment with its own private garden. The prize also includes £50,000 in cash, a Rolls Royce, the UK Stamp Duty Tax paid and the services of a housekeeper and gardener paid for a year. The winner can live in the house, rent or sell it. The current owners will even help sell the luxury property for them.
On the ground floor the mansion features double entrance doors leading into a large hall, a drawing room, kitchen, dining room, library, study, breakfast room, bar and double doors on to an entertaining terrace and barbecue area, with steps down to a garden area. The basement has a utility room, drying room and storage rooms.
Upstairs there are four large en-suite bedrooms. The master suite has its own sitting area, dressing room and French doors opening on to a balcony.
The property is fully secured with electric gates, closed circuit television and alarm systems.
It is believed to be the first time that a house can be won in a global online competition, at millionairemansion.co.uk, in nearly every country across the world.*
The self made couple who own the home, who wish to remain anonymous, have been married and working in business together for 45 years. They are donating 20 per cent of the competition proceeds to charity.
They said: “Our passion is to give others a helping hand after we were supported by our first employer when we started in business. We have many happy family memories, but now want to use the home to help some wonderful charities and give someone the chance to become an instant millionaire. It’s lovely to think that somewhere in the world someone will wake up a millionaire, winning what is a very British mansion in one of the most beautiful parts of England.”
As well as the main Millionaire Mansion prize, there are nine £10,000 runner-up prizes.
Tickets are £10, plus 50 pence booking fee per transaction. For a chance of winning, entrants, who must be at least 18 years old, need to buy a ticket at millionairemansion.co.uk and successfully answer a multiple-choice question.
The millionairemansion.co.uk competition runs until November 30, 2018. A maximum of 1 million tickets are available.
http://mrem.bernama.com/viewsm.php?idm=32189
The mansion comes with all the contents and furnishings, indoor swimming pool, gym, three-hole golf course, 10-acres of grounds, four-car garage and a separate apartment with its own private garden. The prize also includes £50,000 in cash, a Rolls Royce, the UK Stamp Duty Tax paid and the services of a housekeeper and gardener paid for a year. The winner can live in the house, rent or sell it. The current owners will even help sell the luxury property for them.
On the ground floor the mansion features double entrance doors leading into a large hall, a drawing room, kitchen, dining room, library, study, breakfast room, bar and double doors on to an entertaining terrace and barbecue area, with steps down to a garden area. The basement has a utility room, drying room and storage rooms.
Upstairs there are four large en-suite bedrooms. The master suite has its own sitting area, dressing room and French doors opening on to a balcony.
The property is fully secured with electric gates, closed circuit television and alarm systems.
It is believed to be the first time that a house can be won in a global online competition, at millionairemansion.co.uk, in nearly every country across the world.*
The self made couple who own the home, who wish to remain anonymous, have been married and working in business together for 45 years. They are donating 20 per cent of the competition proceeds to charity.
They said: “Our passion is to give others a helping hand after we were supported by our first employer when we started in business. We have many happy family memories, but now want to use the home to help some wonderful charities and give someone the chance to become an instant millionaire. It’s lovely to think that somewhere in the world someone will wake up a millionaire, winning what is a very British mansion in one of the most beautiful parts of England.”
As well as the main Millionaire Mansion prize, there are nine £10,000 runner-up prizes.
Tickets are £10, plus 50 pence booking fee per transaction. For a chance of winning, entrants, who must be at least 18 years old, need to buy a ticket at millionairemansion.co.uk and successfully answer a multiple-choice question.
The millionairemansion.co.uk competition runs until November 30, 2018. A maximum of 1 million tickets are available.
http://mrem.bernama.com/viewsm.php?idm=32189
OpenX expands presence to Southeast Asia with new office in Singapore
KUALA LUMPUR, June 26 (Bernama) -- OpenX -- a leading independent advertising technology provider -- announced the opening of a Singapore office to expand its Asia Pacific presence to Southeast Asia and further expansion into Australia's market.
Mobile and in app engagement dominate in Southeast Asia and will further accelerate the company's growth in markets such as Singapore, Indonesia, Thailand, the Philippines, Malaysia and Vietnam where mobile will comprise the majority of all digital ad spend by 2021.
Co-founder of OpenX, Jason Fairchild said the company look forward to support the leading content creators and app developers throughout the region to grow their businesses with the highest quality and innovative advertising technology solutions.
Singapore's office which will serve as a regional hub for the company as its business continues to experience strong international growth with expansion to Southeast Asia will supplement its presence in other Asian markets especially Japan, a statement said.
OpenX continues investment in APAC with expansion into Australia's market as it experienced recent momentum in Japan with 52 per cent year-over-year growth in revenue, hiring of a new senior business leader and the doubling of publisher partnerships in the region.
OpenX powers highly relevant advertising at global scale by delivering quality and value to brands, publishers and consumers across every type of connected screen and ad format. More information at www.openx.com.
-- BERNAMA
Mobile and in app engagement dominate in Southeast Asia and will further accelerate the company's growth in markets such as Singapore, Indonesia, Thailand, the Philippines, Malaysia and Vietnam where mobile will comprise the majority of all digital ad spend by 2021.
Co-founder of OpenX, Jason Fairchild said the company look forward to support the leading content creators and app developers throughout the region to grow their businesses with the highest quality and innovative advertising technology solutions.
Singapore's office which will serve as a regional hub for the company as its business continues to experience strong international growth with expansion to Southeast Asia will supplement its presence in other Asian markets especially Japan, a statement said.
OpenX continues investment in APAC with expansion into Australia's market as it experienced recent momentum in Japan with 52 per cent year-over-year growth in revenue, hiring of a new senior business leader and the doubling of publisher partnerships in the region.
OpenX powers highly relevant advertising at global scale by delivering quality and value to brands, publishers and consumers across every type of connected screen and ad format. More information at www.openx.com.
-- BERNAMA
Wednesday, June 27, 2018
CONSTELLATION DISTRIBUTES DAG TOKEN & LAUNCHES FLAGSHIP PRODUCT, ORION, TO MOBILIZE DEVELOPER COMMUNITY
Portal launch comes after Constellation raised $33.7 million USD in its private pre-sale
San Francisco, CA, June 25 (Bernama-GLOBE NEWSWIRE) -- Constellation Labs (Constellation), the horizontally-scalable blockchain for consumer-grade applications, announced the launch of its flagship product, Orion. Orion, a membership portal to the Constellation ecosystem, will serve as a platform where the Constellation team, developers, and community members can communicate, share resources, and contribute to the network within a token compensation model. Constellation token holders will be able to stake tokens to gain access to the incentivized community or developer tier of membership, with a free tier available to view the portal’s various channels and message boards. The portal became fully active on June 18, when Constellation's DAG tokens were also distributed. Constellation's permissioned testnet launches at the beginning of August, at which time token holders will need to stake DAG tokens to run a node and validate test transactions. Nodes will earn validator rewards (ERC-20 DAG) based on their transaction throughput and reputation score, with rewards paid proportionally to testnet participants. At full functionality, this system will be the world's first ever incentivized cross-chain testnet (Constellation DAG to ERC-20).
Orion will allow developers and community members to earn tokens for contributing to the network across a range of activities, from bug reporting to correcting whitepaper mistranslations, in addition to providing general support to the community. The basic reward structure — a point-based system, awarded on productive activity — will create an organic hierarchy and encourage positive community behavior. Once tokens are staked, they will be locked for the duration of the six-month membership period. Over the next six months, Constellation will be running monthly airdrops and giving away two tiers of DAG totals that are locked and open membership to the Orion portal.
Constellation CEO Brendan Playford said: “We want to empower our community to help shape, build, and grow the ecosystem efficiently, while encouraging our developers and community members to stake their tokens. At Constellation, we are eager to create a way to digitally capture and quantify trust that exists between people in the world, and use it to secure the network. It’s our hope that by opening up this incentivized portal and encouraging the staking of our token, we will mobilize the Constellation community at large to address the obstacles to scaling the network.”
Constellation’s unique Proof-of-Meme protocol is designed to let individuals directly contribute to the improvement and monitoring of the blockchain by utilizing computing power from their own mobile phones, laptops, tablets, and other smart devices. Proof-of-Meme rewards behavior that improves a node’s overall reputation within the system. Orion is an extension of this approach, providing the tools for the community to build and earn rewards by adding value to Constellation's protocol.
Constellation CTO Wyatt Meldman-Floch said: “The Constellation protocol aims to solve the primary challenge of scalability in blockchain, providing a solution that is highly resource-efficient and exponentially scalable; Orion’s community and developer portal is a reflection of that vision. The Constellation testnet will ultimately be launched through Orion, providing a safe testing environment for core and future development on the network.”
In January 2018, Constellation raised $33.7 million USD in its private pre-sale, which was open to accredited investors, funds, and institutional investors. A total of 730,124,835 tokens were sold, of which roughly 14% were liquid at the Constellation DAG token distribution on June 18. The first airdrop will open on July 7, and is the first of six scheduled token allocations for 2018.
Constellation CEO Brendan Playford and CTO Wyatt Meldman-Floch are available for interview.
About Constellation:
Constellation is a horizontally-scalable blockchain microservice operating system. Its serverless architecture ensures high transaction throughput, allowing for consumer grade distributed applications to be built on the system. Constellation uses a protocol called Proof-of-Meme to achieve consensus. This method incorporates a node’s historical participation into delegate selection, rewarding benevolent behavior. An intuitive user interface provides a frictionless on-ramp for non-technical users to develop distributed applications on Constellation. For more information, visit constellationlabs.io
Attachment
San Francisco, CA, June 25 (Bernama-GLOBE NEWSWIRE) -- Constellation Labs (Constellation), the horizontally-scalable blockchain for consumer-grade applications, announced the launch of its flagship product, Orion. Orion, a membership portal to the Constellation ecosystem, will serve as a platform where the Constellation team, developers, and community members can communicate, share resources, and contribute to the network within a token compensation model. Constellation token holders will be able to stake tokens to gain access to the incentivized community or developer tier of membership, with a free tier available to view the portal’s various channels and message boards. The portal became fully active on June 18, when Constellation's DAG tokens were also distributed. Constellation's permissioned testnet launches at the beginning of August, at which time token holders will need to stake DAG tokens to run a node and validate test transactions. Nodes will earn validator rewards (ERC-20 DAG) based on their transaction throughput and reputation score, with rewards paid proportionally to testnet participants. At full functionality, this system will be the world's first ever incentivized cross-chain testnet (Constellation DAG to ERC-20).
Orion will allow developers and community members to earn tokens for contributing to the network across a range of activities, from bug reporting to correcting whitepaper mistranslations, in addition to providing general support to the community. The basic reward structure — a point-based system, awarded on productive activity — will create an organic hierarchy and encourage positive community behavior. Once tokens are staked, they will be locked for the duration of the six-month membership period. Over the next six months, Constellation will be running monthly airdrops and giving away two tiers of DAG totals that are locked and open membership to the Orion portal.
Constellation CEO Brendan Playford said: “We want to empower our community to help shape, build, and grow the ecosystem efficiently, while encouraging our developers and community members to stake their tokens. At Constellation, we are eager to create a way to digitally capture and quantify trust that exists between people in the world, and use it to secure the network. It’s our hope that by opening up this incentivized portal and encouraging the staking of our token, we will mobilize the Constellation community at large to address the obstacles to scaling the network.”
Constellation’s unique Proof-of-Meme protocol is designed to let individuals directly contribute to the improvement and monitoring of the blockchain by utilizing computing power from their own mobile phones, laptops, tablets, and other smart devices. Proof-of-Meme rewards behavior that improves a node’s overall reputation within the system. Orion is an extension of this approach, providing the tools for the community to build and earn rewards by adding value to Constellation's protocol.
Constellation CTO Wyatt Meldman-Floch said: “The Constellation protocol aims to solve the primary challenge of scalability in blockchain, providing a solution that is highly resource-efficient and exponentially scalable; Orion’s community and developer portal is a reflection of that vision. The Constellation testnet will ultimately be launched through Orion, providing a safe testing environment for core and future development on the network.”
In January 2018, Constellation raised $33.7 million USD in its private pre-sale, which was open to accredited investors, funds, and institutional investors. A total of 730,124,835 tokens were sold, of which roughly 14% were liquid at the Constellation DAG token distribution on June 18. The first airdrop will open on July 7, and is the first of six scheduled token allocations for 2018.
Constellation CEO Brendan Playford and CTO Wyatt Meldman-Floch are available for interview.
About Constellation:
Constellation is a horizontally-scalable blockchain microservice operating system. Its serverless architecture ensures high transaction throughput, allowing for consumer grade distributed applications to be built on the system. Constellation uses a protocol called Proof-of-Meme to achieve consensus. This method incorporates a node’s historical participation into delegate selection, rewarding benevolent behavior. An intuitive user interface provides a frictionless on-ramp for non-technical users to develop distributed applications on Constellation. For more information, visit constellationlabs.io
Attachment
Tamani Jayasinghe
Wachsman
9179007986
tamani.jayasinghe@wachsman.com
Source : Constellation
--BERNAMA
Tuesday, June 26, 2018
Mash is one of Europes best FinTech companies
KUALA LUMPUR, June 25 (Bernama) -- Mash was selected from over 1800 companies to the FinTech50 2018 list, joining FinTech giants like N26, Monzo, Raisin and Revolut on the list of Europe´s hottest FinTech companies.
Group Chief Executive Officer of Mash, James Hickson said the FinTech50 is the Oscars of their industry. Only 14 new companies made it to the list with Mash being selected from over 1800 nominations.
The announcement was made at the Silicon Valley Bank in London, UK recently, a statement said.
Hickson added: "This award will further underscore our commitment to deliver unparalleled financial solutions across our lending, card and payments business lines, growing our pay-later reach with our partner Verifone to hundreds of thousands of merchants across Europe.
Since 2007, Mash leverages its advanced proprietary algorithms, machine learning capabilities and automated platform to deliver superior finance and payments solutions to thousands of customers every day.
More details on https://www.mash.com
--BERNAMA
Group Chief Executive Officer of Mash, James Hickson said the FinTech50 is the Oscars of their industry. Only 14 new companies made it to the list with Mash being selected from over 1800 nominations.
The announcement was made at the Silicon Valley Bank in London, UK recently, a statement said.
Hickson added: "This award will further underscore our commitment to deliver unparalleled financial solutions across our lending, card and payments business lines, growing our pay-later reach with our partner Verifone to hundreds of thousands of merchants across Europe.
Since 2007, Mash leverages its advanced proprietary algorithms, machine learning capabilities and automated platform to deliver superior finance and payments solutions to thousands of customers every day.
More details on https://www.mash.com
--BERNAMA
SHYFT UNVEILS BOARD OF ADVISORS COMPRISED OF TOP CRYPTO, INDUSTRY, AND REGULATORY LEADERS UNITED TO REDEFINE IDENTITY, REGULATORY COMPLIANCE AND PRIVACY FOR ALL
St. Michael, Barbados, June 22 (Bernama-GLOBE NEWSWIRE) -- Shyft, a leading blockchain-based solution that is building a trusted ecosystem to enable secure and private data transfers, has announced its high profile Board of Advisors. Shyft’s inaugural group of advisors bring deep industry knowledge from international business and finance, blockchain, economics, and Know Your Customer (KYC) and Anti Money Laundering (AML) compliance. The Board of Advisors will play a critical role in providing strategic guidance across multiple dimensions in Shyft’s mission to make the global economy more efficient and effectively regulated.
Shyft International Chairman Joseph Weinberg says: “At Shyft, we are ambitiously working to redefine the broken way our world uses and thinks about data, the same data that today defines our identity. Our group of advisors understand the dire need for a new system that allows attested data to not only be shared securely and privately, but also a system that can help build reputational identity from this data that can be used globally across borders. This type of identity based on trustworthiness and credibility helps build a global economy that empowers the 3.5 billion people that are currently ‘underidentified’ and ‘unbanked,’ meaning that they are unable to participate in regulatory economies. Our caliber of advisors is second to none in the industry, which a testament to the enormity of the problem and to Shyft as the solution.”
Shyft’s advisors have diverse backgrounds, experiences and broad networks, and can individually and collectively provide unique perspective and strategic direction on the global and complex topic of identity, compliance and privacy, and how a disruptive technology like blockchain can solve a global problem. The advisors were carefully selected to include experts in finance, business, regulation, data privacy, and compliance and AML expertise. The Shyft Board of Advisors includes:
Shyft International Chairman Joseph Weinberg says: “At Shyft, we are ambitiously working to redefine the broken way our world uses and thinks about data, the same data that today defines our identity. Our group of advisors understand the dire need for a new system that allows attested data to not only be shared securely and privately, but also a system that can help build reputational identity from this data that can be used globally across borders. This type of identity based on trustworthiness and credibility helps build a global economy that empowers the 3.5 billion people that are currently ‘underidentified’ and ‘unbanked,’ meaning that they are unable to participate in regulatory economies. Our caliber of advisors is second to none in the industry, which a testament to the enormity of the problem and to Shyft as the solution.”
Shyft’s advisors have diverse backgrounds, experiences and broad networks, and can individually and collectively provide unique perspective and strategic direction on the global and complex topic of identity, compliance and privacy, and how a disruptive technology like blockchain can solve a global problem. The advisors were carefully selected to include experts in finance, business, regulation, data privacy, and compliance and AML expertise. The Shyft Board of Advisors includes:
- Joseph Weinberg — Shyft Chairman; Paycase CEO; Think Tank Specialist to the OECD
- Meltem Demirors — Chief Strategy Officer, CoinShares; Member of Global Future Council on Blockchain, World Economic Forum
- Daniel Kornitzer — EVP and Chief Business Development Officer, Paysafe Group
- Anthony Di Iorio — CEO & Founder, Decentral and Jaxx; Ethereum Co-founder
- Brock Pierce - Chairman, Bitcoin Foundation
- Charlie Schrem — Founder, Bitcoin Foundation and Crypto.IQ
- Ben Gorlick — Investor; Chief of Strategy, Paycase; Founder / COO CLoudHashing; CTO CrowdMachine, Blockstream, Peer Nova
- Marat Kichikov — Managing Partner, CaBitfurypital
- Peter Warrack — Chief Compliance Officer, Bitfinex; Director, AML Advisory and Compliance Officer at Bank of Montreal
- Jeremy Bornstein — SVP and Group Head, Mastercard Canada
- Diego Gutiérrez Zaldívar — CEO and Cofounder, RSK labs; President and Cofounder, Koibanx
- Desmond McKenzie — Blockchain & Ecosystem Expert, Tata Consultancy Services
- Lord Meghnad Desai — Noted Economist; Lord Speaker in the British House of Lords
- Lord Anthony St John — Expert on Foreign Affairs and Clean Technology; Member of British House of Lords
- Loretta Joseph — OECD Think Tank Advisor; Australian Digital Chamber of Commerce Chair
- Dr. Jane Thomason — CEO, Blockchain Quantum Impact
- Eyal Herzog — Product Architect, Bancor
Meltem Demirors shares: “Shyft is addressing one of the most challenging issues in our financial system - connecting identity and reputation to legacy financial products and emerging blockchain based financial services.”
Anthony Di Iorio says: “Blockchain and the decentralized economy is about empowering individuals to take control of their digital lives. Today, most institutions hold centralized databases vulnerable to cyberattacks and the masses don’t have control. When I learned of Shyft’s vision to remove borders around personal identity using blockchain, I realized the full influence they will have on the whole global economy and the way we think about digital identity. To me, that is exciting.”
Lord Anthony St. John concludes: “Having spent almost 25 years in the financial services in London, I see on a daily basis how KYC and proper due diligence are of pivotal importance. I also proudly serve on the House of Lords Ad Hoc Select Committee on Artificial Intelligence and am a member of the Parliamentary IT Committee. I am lucky to have a seat the intersection of finance and regulation and appreciate that compliance and due diligence are instrumental to the success of any business. However, KYC procedures are often cumbersome, time-consuming and inefficient. Shyft is unique in that it will deliver a trustworthy, resilient, expeditious, cost-effective and accredited platform.”
In efforts to build and connect the many ecosystems that deal with data and identity today, Shyft will be featuring individual dialogue and commentary from its advisors through its various channels starting in early July. Learn more and connect with Shyft at shyft.network
Shyft Chairman Joseph Weinberg and CEO Bruce Silcoff are available for interview
About Shyft
Shyft is building the world’s first modern, secure, multi-stakeholder Blockchain-based digital identity ecosystem that enables KYC/AML attested data transfers. Combining privacy of data with efficiency of attestation, Shyft technology will radically streamline and simplify data collection, reduce cost and minimize the cybersecurity risks inherent in traditional compliance systems. In addition, Shyft is working to make the global economy accessible for all by creating credible reputations for the 3.5 billion consumers who are lacking “identities” by today’s standards. Through participation in the Shyft ecosystem, Shyft is building a more financially-inclusive future for everyone. If you are interested in working with Shyft and integrating your solution with our platform, please get in touch through contact@shyft.network. For more information on Shyft, please visit www.shyft.network.
Gaby Hui
Wachsman
9176021681
gaby@wachsman.com
Source : Shyft Network
--BERNAMA
GMAC LAUNCHES 'STUDY IN CHINA' INITIATIVE IN PARTNERSHIP WITH 11 LEADING BUSINESS SCHOOLS IN CHINA
BEIJING and HONG KONG, June 22 (Bernama-GLOBE NEWSWIRE) -- On June 22, the Graduate Management Admission Council (GMAC) joins hands with 11 leading business schools in China to launch the “Study in China” initiative. This partnership marks the opening of an interactive platform for international students across 20 Belt and Road (B&R) regions to explore opportunities in China and to pursue higher education in business-related fields. The “Study in China” initiative aims to meet rapidly growing international student demand and to champion China as a world-class study destination and emerging global hub for business education.
The “Study in China” online portal (www.studyinchinamba.com) officially launched today allows students to discover more about studying and living in China. The newly designed English-language website connects prospective students with partner business schools and offers access to an abundance of information to help find the perfect fit for their China education experience. GMAC’s gateway guides international applicants from these Belt and Road regions in Asia, the Middle East, Africa, and Europe through the necessary steps to begin a new learning chapter in one of the most dynamic economies in the world. It offers in-depth information and insider advice on the schools and programs available, including international program structure, syllabus overview, admission requirements, application times, campus facilities, scholarships and financial aid. Students can also opt-in to conveniently contact the schools for further detail via GMAC’s one-stop portal.
To offer a glimpse into the great opportunities available, GMAC is organizing a “Study in China” contest from June 22 to August 31. Participants submit short essays about why they want to study in China to win a round-trip to China. Three selected winners will be awarded return economy flights and campus accommodation to visit preferred business schools and enjoy a first-hand experience of the school and campus life.
The new initiative partners with China’s most prestigious business schools located in Beijing, Shanghai, and Hong Kong. The top-ranked institutions include Antai College of Economics and Management, Shanghai Jiao Tong University; China Europe International Business School; CUHK Business School, The Chinese University of Hong Kong; School of Management, Fudan University; HKUST Business School, The Hong Kong University of Science and Technology; Guanghua School of Management, Peking University; Business School, Renmin University of China; School of Economics and Management, Tsinghua University; BiMBA Business School of the National School of Development, Peking University; Cheung Kong Graduate School of Business; and HKBU School of Business, Hong Kong Baptist University.
Mr. Sangeet Chowfla, the President and CEO of GMAC, announced GMAC’s pride in creating more opportunities for prospective students to access business education. He believes “This will effectively connect international talent with the right opportunities to excel at China’s leading business schools and programs, while offering students all around support during the study abroad period.” Mr. Chowfla emphasized GMAC’s observations over the past few years, as China holds the potential “to become one of the most popular study destinations.” This “Study in China” initiative, according to Chowfla, intends to further raise the profile of business schools in China and showcase the value of business education to international candidates.
Professor Lu Xiongwen, Dean of the School of Management at Fudan University, expressed his congratulations on the launch of the new initiative and extended a warm welcome to prospective students looking to come study in China. He quoted an old Chinese proverb that says, “Practice goes deeper than theoretic knowledge,” indicating that these programs would open new doors of understanding. “I believe this learning journey will present you a broad picture of China’s economic trends at present and future, the uniqueness of Chinese business models as well as different features of the Chinese market and global market,” said Prof. Lu. “You will also enjoy the opportunity of learning about and appreciating China’s profound culture immersed in thousands of years of history.”
Professor Kar Yan Tam, Dean of the HKUST Business School, also commented on the initiative, saying that “China will remain the world’s major growth engine in the years ahead, with reforms to allow its economy to unleash new potential and the Belt and Road initiative to bring a sustained momentum to the region.” He also highlighted that “Students should not only receive the best international business education to develop a global perspective, but also look for opportunities to experience the vitality of China. Hong Kong is a dynamic and international city where students can enjoy access to a unique fusion of East and West. The city also stays at the forefront of business education and offers different enriching and diverse learning experiences to prepare students for a flourishing career in China and beyond.”
The “Study in China” initiative exemplifies GMAC’s consistent efforts in promoting business education around the world. This network acts as a bridge within the B&R community to empower students’ professional journeys as future business leaders and entrepreneurs in China and abroad.
About GMAC: The Graduate Management Admission Council (GMAC) is a global, non-profit association of leading graduate business schools. Founded in 1953, we are committed to creating solutions for business schools and candidates to better discover, evaluate and connect with each other. We work on behalf of the schools and the graduate management education community, as well as guide candidates on their journey to higher education, to ensure that no talent goes undiscovered.
GMAC provides world-class research, professional development opportunities and assessments for the industry, designed to advance the art and science of admissions. Owned and administered by GMAC, the Graduate Management Admission Test® (GMAT®) is the most widely used graduate business school assessment, recognized by more than 7,000 programs worldwide. Other GMAC assessments include the NMAT by GMAC™ exam, for entrance into graduate management programs in India and South Africa, and the Executive Assessment, specifically designed for Executive programs around the world. Our flagship portal for graduate management education resources and information, www.mba.com, receives 14 million visits a year and features the School Search matching tool and Graduate Management Admission Search Service (GMASS), matching candidates and business schools.
GMAC is based in the United States with offices in the United Kingdom, India, and Hong Kong. To learn more about our work, please visit www.gmac.com.
Media contact:
Yolanda Kwok, Regional Director, Greater China, GMAC
ykwok@gmac.com
Susanna Lee, Associate Director, Marketing, Greater China, GMAC
slee@gmac.com
Source : Graduate Management Admission Council
--BERNAMA
The “Study in China” online portal (www.studyinchinamba.com) officially launched today allows students to discover more about studying and living in China. The newly designed English-language website connects prospective students with partner business schools and offers access to an abundance of information to help find the perfect fit for their China education experience. GMAC’s gateway guides international applicants from these Belt and Road regions in Asia, the Middle East, Africa, and Europe through the necessary steps to begin a new learning chapter in one of the most dynamic economies in the world. It offers in-depth information and insider advice on the schools and programs available, including international program structure, syllabus overview, admission requirements, application times, campus facilities, scholarships and financial aid. Students can also opt-in to conveniently contact the schools for further detail via GMAC’s one-stop portal.
To offer a glimpse into the great opportunities available, GMAC is organizing a “Study in China” contest from June 22 to August 31. Participants submit short essays about why they want to study in China to win a round-trip to China. Three selected winners will be awarded return economy flights and campus accommodation to visit preferred business schools and enjoy a first-hand experience of the school and campus life.
The new initiative partners with China’s most prestigious business schools located in Beijing, Shanghai, and Hong Kong. The top-ranked institutions include Antai College of Economics and Management, Shanghai Jiao Tong University; China Europe International Business School; CUHK Business School, The Chinese University of Hong Kong; School of Management, Fudan University; HKUST Business School, The Hong Kong University of Science and Technology; Guanghua School of Management, Peking University; Business School, Renmin University of China; School of Economics and Management, Tsinghua University; BiMBA Business School of the National School of Development, Peking University; Cheung Kong Graduate School of Business; and HKBU School of Business, Hong Kong Baptist University.
Mr. Sangeet Chowfla, the President and CEO of GMAC, announced GMAC’s pride in creating more opportunities for prospective students to access business education. He believes “This will effectively connect international talent with the right opportunities to excel at China’s leading business schools and programs, while offering students all around support during the study abroad period.” Mr. Chowfla emphasized GMAC’s observations over the past few years, as China holds the potential “to become one of the most popular study destinations.” This “Study in China” initiative, according to Chowfla, intends to further raise the profile of business schools in China and showcase the value of business education to international candidates.
Professor Lu Xiongwen, Dean of the School of Management at Fudan University, expressed his congratulations on the launch of the new initiative and extended a warm welcome to prospective students looking to come study in China. He quoted an old Chinese proverb that says, “Practice goes deeper than theoretic knowledge,” indicating that these programs would open new doors of understanding. “I believe this learning journey will present you a broad picture of China’s economic trends at present and future, the uniqueness of Chinese business models as well as different features of the Chinese market and global market,” said Prof. Lu. “You will also enjoy the opportunity of learning about and appreciating China’s profound culture immersed in thousands of years of history.”
Professor Kar Yan Tam, Dean of the HKUST Business School, also commented on the initiative, saying that “China will remain the world’s major growth engine in the years ahead, with reforms to allow its economy to unleash new potential and the Belt and Road initiative to bring a sustained momentum to the region.” He also highlighted that “Students should not only receive the best international business education to develop a global perspective, but also look for opportunities to experience the vitality of China. Hong Kong is a dynamic and international city where students can enjoy access to a unique fusion of East and West. The city also stays at the forefront of business education and offers different enriching and diverse learning experiences to prepare students for a flourishing career in China and beyond.”
The “Study in China” initiative exemplifies GMAC’s consistent efforts in promoting business education around the world. This network acts as a bridge within the B&R community to empower students’ professional journeys as future business leaders and entrepreneurs in China and abroad.
About GMAC: The Graduate Management Admission Council (GMAC) is a global, non-profit association of leading graduate business schools. Founded in 1953, we are committed to creating solutions for business schools and candidates to better discover, evaluate and connect with each other. We work on behalf of the schools and the graduate management education community, as well as guide candidates on their journey to higher education, to ensure that no talent goes undiscovered.
GMAC provides world-class research, professional development opportunities and assessments for the industry, designed to advance the art and science of admissions. Owned and administered by GMAC, the Graduate Management Admission Test® (GMAT®) is the most widely used graduate business school assessment, recognized by more than 7,000 programs worldwide. Other GMAC assessments include the NMAT by GMAC™ exam, for entrance into graduate management programs in India and South Africa, and the Executive Assessment, specifically designed for Executive programs around the world. Our flagship portal for graduate management education resources and information, www.mba.com, receives 14 million visits a year and features the School Search matching tool and Graduate Management Admission Search Service (GMASS), matching candidates and business schools.
GMAC is based in the United States with offices in the United Kingdom, India, and Hong Kong. To learn more about our work, please visit www.gmac.com.
Media contact:
Yolanda Kwok, Regional Director, Greater China, GMAC
ykwok@gmac.com
Susanna Lee, Associate Director, Marketing, Greater China, GMAC
slee@gmac.com
Source : Graduate Management Admission Council
--BERNAMA
TELENOR SELECTS BUSINESS SPEND MANAGEMENT LEADER COUPA TO POWER GLOBAL PROCURE-TO-PAY INITIATIVE
Coupa will enable global telco to streamline policy-compliant purchasing
SAN MATEO, Calif., June 22 (Bernama-GLOBE NEWSWIRE) -- Coupa Software (NASDAQ:COUP), a leader in business spend management (BSM), today announced that Telenor, one of the world’s largest telecommunications companies, has selected Coupa to transform its global procurement capability and drive efficiencies across its 25,000 employees. Global service provider KPMG will support the deployment.
“Telenor is embarking on the beginning of its digital transformation journey to among other things, digitize and simplify its internal processes,” said Jon Omund Revhaug, CEO, Telenor Procurement Company. “We are excited to have Coupa and KPMG as our partners in this journey because of their innovation and strong subject matter expertise, which promise an effective outcome.”
The telecommunications leader will first deploy a pilot to employees in Denmark and Singapore before embarking on a rollout for Telenor’s Business Units in Norway, Sweden, and across Asia. The project will simplify policy-compliant purchasing for Telenor’s 25,000 employees who in turn service Telenor’s 178 million customers around the world.
“Standardizing and streamlining procure-to-pay processes across Telenor’s diverse businesses across Europe and Asia required a solution that could be rapidly deployed and easily configured in the cloud,” said Revhaug.
“We are delighted to work with Telenor on this project to help drive increased visibility into the company’s BSM processes,” said Mark Riggs, chief customer officer, Coupa. “Telenor needed a modern, agile cloud platform and a deployment approach squarely focused on its desired business outcomes. We are thrilled that Telenor selected Coupa and KPMG to be a key part of its transformation.”
Coupa and KPMG were selected by Telenor after an extensive evaluation of potential solutions.
SAN MATEO, Calif., June 22 (Bernama-GLOBE NEWSWIRE) -- Coupa Software (NASDAQ:COUP), a leader in business spend management (BSM), today announced that Telenor, one of the world’s largest telecommunications companies, has selected Coupa to transform its global procurement capability and drive efficiencies across its 25,000 employees. Global service provider KPMG will support the deployment.
“Telenor is embarking on the beginning of its digital transformation journey to among other things, digitize and simplify its internal processes,” said Jon Omund Revhaug, CEO, Telenor Procurement Company. “We are excited to have Coupa and KPMG as our partners in this journey because of their innovation and strong subject matter expertise, which promise an effective outcome.”
The telecommunications leader will first deploy a pilot to employees in Denmark and Singapore before embarking on a rollout for Telenor’s Business Units in Norway, Sweden, and across Asia. The project will simplify policy-compliant purchasing for Telenor’s 25,000 employees who in turn service Telenor’s 178 million customers around the world.
“Standardizing and streamlining procure-to-pay processes across Telenor’s diverse businesses across Europe and Asia required a solution that could be rapidly deployed and easily configured in the cloud,” said Revhaug.
“We are delighted to work with Telenor on this project to help drive increased visibility into the company’s BSM processes,” said Mark Riggs, chief customer officer, Coupa. “Telenor needed a modern, agile cloud platform and a deployment approach squarely focused on its desired business outcomes. We are thrilled that Telenor selected Coupa and KPMG to be a key part of its transformation.”
Coupa and KPMG were selected by Telenor after an extensive evaluation of potential solutions.
WIPRO POSITIONED AS A LEADER IN GARTNER'S MAGIC QUADRANT 2018 FOR ORACLE APPLICATION SERVICES, WORLDWIDE
EAST BRUNSWICK, N.J., June 22 (Bernama-BUSINESS WIRE) -- Wipro Limited (NYSE: WIT) (BSE: 507685) (NSE: WIPRO), a leading global information technology, consulting and business process services company, today announced that it has been positioned as a Leader in Gartner’s Magic Quadrant 2018 for Oracle Application Services, Worldwide. The report authored by Alan H Stanley, Susanne Matson, Jim Longwood and Allan Wilkins was published on February 28, 2018.
This Magic Quadrant is focused on the full life-cycle of Oracle application services, spanning across project-based implementation and multi-year application management services (AMS). The report evaluated 19 service providers from across the globe and placed Wipro in the Leaders quadrant. Wipro is positioned the highest for its ‘ability to execute’ among all service providers.
Please click here to view the complete Magic Quadrant report for Oracle Application Services 2018, Worldwide.
Additionally, Wipro has been positioned in the Top 3 for three use cases namely, Implementation services, Management services and Implementation & Management services, in Gartner’s Critical Capabilities report for Oracle Application Services. The report authored by Jim Longwood, Susanne Matson, Alan H Stanley and Allan Wilkins was published on February 28, 2018.
Please click here to view the complete Critical Capabilities report for Oracle Application Services 2018, Worldwide.
Wipro, as an organization, focuses strongly on client experience and satisfaction by measuring and promoting exceptional client interactions. The vision of Wipro’s Oracle ecosystem is to partner with clients in their journey of transforming their business. This is strongly supported by Wipro’s investments in building assets such as ‘Wipro’s Jumpstart kit for Oracle Cloud’ – an array of pre-built processes, accelerators and best practices that enable rapid Oracle Cloud implementation.
Ravi Purohit, Vice President & Global Head – Oracle Service Line, Modern Application Services, Wipro Limited, said, “Wipro’s recognition as a Leader by Gartner for Oracle Application Services is an outcome of our continued leadership in helping our clients achieve the best value from Oracle applications in their digital transformation endeavours. Our strategy of driving digital experiences for our customers, accelerating their business to succeed in an agile market, and simplifying their operations through Smart Applications is enabled by our investments in Oracle Cloud, automation and industry IPs - brought to life through excellence in delivery.”
http://mrem.bernama.com/viewsm.php?idm=32156
This Magic Quadrant is focused on the full life-cycle of Oracle application services, spanning across project-based implementation and multi-year application management services (AMS). The report evaluated 19 service providers from across the globe and placed Wipro in the Leaders quadrant. Wipro is positioned the highest for its ‘ability to execute’ among all service providers.
Please click here to view the complete Magic Quadrant report for Oracle Application Services 2018, Worldwide.
Additionally, Wipro has been positioned in the Top 3 for three use cases namely, Implementation services, Management services and Implementation & Management services, in Gartner’s Critical Capabilities report for Oracle Application Services. The report authored by Jim Longwood, Susanne Matson, Alan H Stanley and Allan Wilkins was published on February 28, 2018.
Please click here to view the complete Critical Capabilities report for Oracle Application Services 2018, Worldwide.
Wipro, as an organization, focuses strongly on client experience and satisfaction by measuring and promoting exceptional client interactions. The vision of Wipro’s Oracle ecosystem is to partner with clients in their journey of transforming their business. This is strongly supported by Wipro’s investments in building assets such as ‘Wipro’s Jumpstart kit for Oracle Cloud’ – an array of pre-built processes, accelerators and best practices that enable rapid Oracle Cloud implementation.
Ravi Purohit, Vice President & Global Head – Oracle Service Line, Modern Application Services, Wipro Limited, said, “Wipro’s recognition as a Leader by Gartner for Oracle Application Services is an outcome of our continued leadership in helping our clients achieve the best value from Oracle applications in their digital transformation endeavours. Our strategy of driving digital experiences for our customers, accelerating their business to succeed in an agile market, and simplifying their operations through Smart Applications is enabled by our investments in Oracle Cloud, automation and industry IPs - brought to life through excellence in delivery.”
http://mrem.bernama.com/viewsm.php?idm=32156
MBA HIRING IS STRONG, WITH 4 IN 5 COMPANIES PLANNING TO HIRE GRADUATES IN 2018
MBA Graduates Commanding Salary Premiums
RESTON, Va., June 22 (Bernama-GLOBE NEWSWIRE) -- The Graduate Management Admission Council (GMAC) has released its 17th annual survey report, the GMAC 2018 Corporate Recruiters Survey report, and findings indicate that MBA hiring remains strong. Overall, 81 percent of responding companies plan to hire MBA graduates in 2018.
Among all respondents globally, 52 percent of companies plan to increase MBA starting base salaries this year. Around the world, MBA graduates continue to command a salary premium relative to direct-from-industry hires and bachelor’s degree hires. The projected median base starting salary for recent MBA graduates in the United States in 2018 is US$105,000, compared with US$85,000 for direct-from-industry new hires and US$65,000 for bachelor’s degree new hires.
The data reflect a slight decline in projected hiring among US and European employers compared to 2017’s hiring plans: 85 percent of responding US companies and 64 percent of European companies plan to hire recent MBA graduates in 2018. Demand for MBA talent is strongest in Asia Pacific, where 90 percent of responding employers plan to make MBA hires in 2018—the same share as last year.
“Over the past several years we have tracked positive trends in hiring of MBA and business master’s graduates,” said Sangeet Chowfla, GMAC president and CEO. “Graduates are commanding compensation premiums and companies are increasing starting salaries. The softening in the intent to hire numbers for the US and Europe reflects the global economic growth numbers we are seeing, and the prevailing political and student mobility issues. In the Asia Pacific region, hiring projections have remained strong. From the overall analysis, we see that MBA hiring overall is strong, but we are seeing the mix shift geographically.”
The survey also found that US employers’ intent to hire international business school graduates has softened this year. Forty-seven percent of companies plan to or are willing to hire international talent in 2018, down from 55 percent that had such plans in 2017. In comparison, about the same percentage of European employers plan to or are willing to hire international talent in 2018 (65 percent) as 2017 (64 percent).
“This dip in stated intent by US employers to hire international graduates is potentially a response to the changes – or potential changes – to visa and immigration regulations,” said Chowfla. “Even though H1-B visa rules haven’t yet changed, there is a perception that they might change in the near future, and some employers may be waiting to see what will happen. The jobs market in the US right now is robust, and companies are constantly having to evaluate their prospects and how best to fill their available roles with strong talent.”
Jamie Belinne is Assistant Dean at Bauer College of Business at the University of Houston, and President of the Board of Directors of the MBA Career Services and Employer Alliance (MBA CSEA), which partners with GMAC on the Corporate Recruiters Survey. “The GMAC survey reflects MBA CSEA’s recent Recruiting Trends Survey, where 68% of schools indicated a decline in hiring for international full-time MBA students compared to the same time last year,” said Belinne. “As a result, many schools are more actively promoting a global job search as well as creating connections with employers in students’ home countries.”
Additional Findings
Graduates in data analytics are in high demand
Overall, 71 percent of responding employers plan to place recent business school graduates into data analytics roles in 2018. This puts data analytics among the top job functions employers will place new business school graduates into in 2018, alongside business development (74 percent), marketing (70 percent), and finance (69 percent).
For the first time, the survey collected trending data for Master of Data Analytics hiring. Overall, about half of responding companies (52%) plan to hire Master of Data Analytics graduates in 2018, compared with 35 percent that hired them in 2017. The survey found that hiring demand for Master of Data Analytics graduates is strongest among Asia Pacific employers, among whom 62 percent plan to hire in 2018. About half of employers in Europe (50 percent) and Latin America (47 percent) plan to make similar hires.
Employer education assistance on the rise
According to the survey, most US companies (61 percent) offer financial assistance for employee education and talent development. Among those companies, 2 in 3 (66 percent) have increased their budgets for employee education and talent development compared with five years ago.
A new benefit asked about in this year’s survey is student loan repayment assistance. Deemed the “hottest employee benefit of 2017” by Forbes, its seen by employers as an effective way to attract and retain top millennial talent. The survey found that nine percent of US companies currently offer it as a part of their overall benefits package.
Internships are path to jobs
The survey finds that most employers plan to bring on MBA interns in 2018. MBA internships are most prevalent in Asia Pacific and the United States, where 65 percent and 62 percent of employers plan to offer them, respectively. Internships continue to be an avenue to jobs for many business school graduates. Internships provide a way to understand a company, the culture and expectations and remain a good opportunity to obtain permanent positions.
Other hiring trends outside the United States – MiMs, Maccs & Mfins
RESTON, Va., June 22 (Bernama-GLOBE NEWSWIRE) -- The Graduate Management Admission Council (GMAC) has released its 17th annual survey report, the GMAC 2018 Corporate Recruiters Survey report, and findings indicate that MBA hiring remains strong. Overall, 81 percent of responding companies plan to hire MBA graduates in 2018.
Among all respondents globally, 52 percent of companies plan to increase MBA starting base salaries this year. Around the world, MBA graduates continue to command a salary premium relative to direct-from-industry hires and bachelor’s degree hires. The projected median base starting salary for recent MBA graduates in the United States in 2018 is US$105,000, compared with US$85,000 for direct-from-industry new hires and US$65,000 for bachelor’s degree new hires.
The data reflect a slight decline in projected hiring among US and European employers compared to 2017’s hiring plans: 85 percent of responding US companies and 64 percent of European companies plan to hire recent MBA graduates in 2018. Demand for MBA talent is strongest in Asia Pacific, where 90 percent of responding employers plan to make MBA hires in 2018—the same share as last year.
“Over the past several years we have tracked positive trends in hiring of MBA and business master’s graduates,” said Sangeet Chowfla, GMAC president and CEO. “Graduates are commanding compensation premiums and companies are increasing starting salaries. The softening in the intent to hire numbers for the US and Europe reflects the global economic growth numbers we are seeing, and the prevailing political and student mobility issues. In the Asia Pacific region, hiring projections have remained strong. From the overall analysis, we see that MBA hiring overall is strong, but we are seeing the mix shift geographically.”
The survey also found that US employers’ intent to hire international business school graduates has softened this year. Forty-seven percent of companies plan to or are willing to hire international talent in 2018, down from 55 percent that had such plans in 2017. In comparison, about the same percentage of European employers plan to or are willing to hire international talent in 2018 (65 percent) as 2017 (64 percent).
“This dip in stated intent by US employers to hire international graduates is potentially a response to the changes – or potential changes – to visa and immigration regulations,” said Chowfla. “Even though H1-B visa rules haven’t yet changed, there is a perception that they might change in the near future, and some employers may be waiting to see what will happen. The jobs market in the US right now is robust, and companies are constantly having to evaluate their prospects and how best to fill their available roles with strong talent.”
Jamie Belinne is Assistant Dean at Bauer College of Business at the University of Houston, and President of the Board of Directors of the MBA Career Services and Employer Alliance (MBA CSEA), which partners with GMAC on the Corporate Recruiters Survey. “The GMAC survey reflects MBA CSEA’s recent Recruiting Trends Survey, where 68% of schools indicated a decline in hiring for international full-time MBA students compared to the same time last year,” said Belinne. “As a result, many schools are more actively promoting a global job search as well as creating connections with employers in students’ home countries.”
Additional Findings
Graduates in data analytics are in high demand
Overall, 71 percent of responding employers plan to place recent business school graduates into data analytics roles in 2018. This puts data analytics among the top job functions employers will place new business school graduates into in 2018, alongside business development (74 percent), marketing (70 percent), and finance (69 percent).
For the first time, the survey collected trending data for Master of Data Analytics hiring. Overall, about half of responding companies (52%) plan to hire Master of Data Analytics graduates in 2018, compared with 35 percent that hired them in 2017. The survey found that hiring demand for Master of Data Analytics graduates is strongest among Asia Pacific employers, among whom 62 percent plan to hire in 2018. About half of employers in Europe (50 percent) and Latin America (47 percent) plan to make similar hires.
Employer education assistance on the rise
According to the survey, most US companies (61 percent) offer financial assistance for employee education and talent development. Among those companies, 2 in 3 (66 percent) have increased their budgets for employee education and talent development compared with five years ago.
A new benefit asked about in this year’s survey is student loan repayment assistance. Deemed the “hottest employee benefit of 2017” by Forbes, its seen by employers as an effective way to attract and retain top millennial talent. The survey found that nine percent of US companies currently offer it as a part of their overall benefits package.
Internships are path to jobs
The survey finds that most employers plan to bring on MBA interns in 2018. MBA internships are most prevalent in Asia Pacific and the United States, where 65 percent and 62 percent of employers plan to offer them, respectively. Internships continue to be an avenue to jobs for many business school graduates. Internships provide a way to understand a company, the culture and expectations and remain a good opportunity to obtain permanent positions.
Other hiring trends outside the United States – MiMs, Maccs & Mfins
- The majority of companies outside the United States plan to hire Master in Management (MiM) talent in 2018. Around 7 in 10 companies in Asia Pacific (73 percent), Europe (72 percent), and Latin America (69 percent) plan to hire MiM graduates in 2018. Among US companies, 39 percent plan to hire MiM graduates.
- While hiring projections for Master of Accounting have held steady among European employers, projections among Asia-Pacific employers are notably down in 2018. Forty-four percent of European companies, 43 percent of US companies, 40 percent of Latin American companies, and 37 percent of Asia-Pacific companies plan to hire recent Master of Accounting graduates in 2018. By world region, Latin American companies have the largest increase between their 2017 actual hiring rate (25 percent) and 2018 projected hiring rate (40 percent).
- The hiring outlook for Master of Finance talent is flat among European employers compared with last year, and down slightly among Asia-Pacific and US employers. Two-thirds of Latin American companies (67 percent) plan to hire Master of Finance talent—the greatest share of any world region. Most European companies also plan to hire Master of Finance graduates this year (57 percent).
Since 2001, the GMAC, together with survey partners and MBA Career Services and Employer Alliance (MBA CSEA), has conducted the Corporate Recruiters Survey. The survey provides an overview of current employer hiring demand for MBA and business master’s graduates and examines hiring practices and trends by industry and world region. The survey was conducted in February and March 2018, in association with career services offices at 96 participating graduate business schools worldwide. The survey responses were received from 1,066 employers in 42 countries worldwide who work directly with participating business schools.
In July, GMAC will publish a companion report regarding skills sought by employers.
To download the full report, visit gmac.com/corporaterecruiters. For supporting graphics, visit the GMAC News Center.
About GMAC: The Graduate Management Admission Council (GMAC) is a global, non-profit association of leading graduate business schools. Founded in 1953, we are committed to creating solutions for business schools and candidates to better discover, evaluate and connect with each other. We work on behalf of the schools and the graduate management education community, as well as guide candidates on their journey to higher education, to ensure that no talent goes undiscovered.
GMAC provides world-class research, professional development opportunities and assessments for the industry, designed to advance the art and science of admissions. Owned and administered by GMAC, the Graduate Management Admission Test® (GMAT®) is the most widely used graduate business school assessment, recognized by more than 7,000 programs worldwide. Other GMAC assessments include the NMAT by GMAC™ exam, for entrance into graduate management programs in India and South Africa, and the Executive Assessment, specifically designed for Executive programs around the world. Our flagship portal for graduate management education resources and information, www.mba.com, receives 14 million visits a year and features the School Search matching tool and Graduate Management Admission Search Service (GMASS), matching candidates and business schools.
GMAC is based in the United States with offices in the United Kingdom, India, and Hong Kong. To learn more about our work, please visit www.gmac.com.
About MBA CSEA: MBA Career Services & Employer Alliance (MBA CSEA) is an 800+ member global alliance of graduate business career management professionals and employers. The organization is the global leader in delivering the tools, developing the relationships and providing the supportive information and services that produce ongoing success for graduate business career services offices and employers. For more information about MBA CSEA, visit: www.mbacsea.org.
About EFMD: The EFMD management development network includes nearly 900 institutional members from academia, business, public service and consultancy across 88 countries worldwide. EFMD offers a range of services, including conferences and seminars around the world, surveys and the dissemination of knowledge, quality improvement and accreditation via EQUIS, EPAS, EOCCS and CLIP, as well as the EDAF mentoring programme and BSIS impact assessment system. For more information about EFMD, please visit www.efmd.org.
MEDIA CONTACT:
Tania Hernandez-Andersen
Sr. Director, Corporate Brand Communications
+1 (703) 668-9638 Office
+1 (571) 294-4059 Mobile
thernandez-andersen@gmac.com
Infographics accompanying this announcement are available at:
http://resource.globenewswire.com/Resource/Download/d2be6c96-2fe0-477e-b63f-3255ee8017fe
http://www.globenewswire.com/NewsRoom/AttachmentNg/31430a6f-c620-4d45-950b-40cc0e6e3e87
http://www.globenewswire.com/NewsRoom/AttachmentNg/ee3f5eb0-449d-4176-af1f-18d0f1aec5a3
http://www.globenewswire.com/NewsRoom/AttachmentNg/b8a71216-a29c-4539-936c-e5797c94cd1d
Source : Graduate Management Admission Council
--BERNAMA
In July, GMAC will publish a companion report regarding skills sought by employers.
To download the full report, visit gmac.com/corporaterecruiters. For supporting graphics, visit the GMAC News Center.
About GMAC: The Graduate Management Admission Council (GMAC) is a global, non-profit association of leading graduate business schools. Founded in 1953, we are committed to creating solutions for business schools and candidates to better discover, evaluate and connect with each other. We work on behalf of the schools and the graduate management education community, as well as guide candidates on their journey to higher education, to ensure that no talent goes undiscovered.
GMAC provides world-class research, professional development opportunities and assessments for the industry, designed to advance the art and science of admissions. Owned and administered by GMAC, the Graduate Management Admission Test® (GMAT®) is the most widely used graduate business school assessment, recognized by more than 7,000 programs worldwide. Other GMAC assessments include the NMAT by GMAC™ exam, for entrance into graduate management programs in India and South Africa, and the Executive Assessment, specifically designed for Executive programs around the world. Our flagship portal for graduate management education resources and information, www.mba.com, receives 14 million visits a year and features the School Search matching tool and Graduate Management Admission Search Service (GMASS), matching candidates and business schools.
GMAC is based in the United States with offices in the United Kingdom, India, and Hong Kong. To learn more about our work, please visit www.gmac.com.
About MBA CSEA: MBA Career Services & Employer Alliance (MBA CSEA) is an 800+ member global alliance of graduate business career management professionals and employers. The organization is the global leader in delivering the tools, developing the relationships and providing the supportive information and services that produce ongoing success for graduate business career services offices and employers. For more information about MBA CSEA, visit: www.mbacsea.org.
About EFMD: The EFMD management development network includes nearly 900 institutional members from academia, business, public service and consultancy across 88 countries worldwide. EFMD offers a range of services, including conferences and seminars around the world, surveys and the dissemination of knowledge, quality improvement and accreditation via EQUIS, EPAS, EOCCS and CLIP, as well as the EDAF mentoring programme and BSIS impact assessment system. For more information about EFMD, please visit www.efmd.org.
MEDIA CONTACT:
Tania Hernandez-Andersen
Sr. Director, Corporate Brand Communications
+1 (703) 668-9638 Office
+1 (571) 294-4059 Mobile
thernandez-andersen@gmac.com
Infographics accompanying this announcement are available at:
http://resource.globenewswire.com/Resource/Download/d2be6c96-2fe0-477e-b63f-3255ee8017fe
http://www.globenewswire.com/NewsRoom/AttachmentNg/31430a6f-c620-4d45-950b-40cc0e6e3e87
http://www.globenewswire.com/NewsRoom/AttachmentNg/ee3f5eb0-449d-4176-af1f-18d0f1aec5a3
http://www.globenewswire.com/NewsRoom/AttachmentNg/b8a71216-a29c-4539-936c-e5797c94cd1d
Source : Graduate Management Admission Council
--BERNAMA
FIRST WESTINGHOUSE AP1000® NUCLEAR PLANT SANMEN 1 COMPLETES INITIAL CRITICALITY
SANMEN, China, June 22 (Bernama-BUSINESS WIRE) -- Westinghouse Electric Company, China State Nuclear Power Technology Corporation (SNPTC) announced today that the world’s first AP1000 nuclear power plant located in Sanmen, Zhejiang Province, China has successfully completed initial criticality.
“Today we completed the final major milestone before commercial operation for Westinghouse’s AP1000 nuclear power plant technology,” said José Emeterio Gutiérrez, Westinghouse president and chief executive officer. “We are one step closer to delivering the world’s first AP1000 plant to our customer and the world – with our customers, we will provide our customers in China with safe, reliable and clean energy from Sanmen 1.”
Following initial criticality will be connection to the electrical grid. Once plant operations begin at Sanmen 1, it will be the first AP1000 nuclear power plant in operation, offering innovative passive safety system technology, multiple layers of defense and advanced controls for unequaled reliability and safety.
Commenting on Westinghouse’s strong partnership with the China customer, Gavin Liu, president – Asia Region stated, “Westinghouse’s success in China is the joint effort between Westinghouse and our China customers.” He added, “This partnership and cooperation model can help to deploy a fleet of AP1000 units in the world for many years to come.”
Westinghouse currently has six AP1000 nuclear power plants progressing through construction, testing and start-up. These projects include two units in Sanmen, Zhejiang Province, China, two units in Haiyang, Shandong Province, China, as well as two units under construction at the Alvin W. Vogtle Electric Generating Plant near Waynesboro, Georgia, USA.
View source version on businesswire.com: https://www.businesswire.com/news/home/20180621006216/en/
Contact
Westinghouse Electric Company
Sarah Cassella, +1 412-374- 4744
Manager, External Communications
Email: cassels@westinghouse.com
www.westinghousenuclear.com
Source : Westinghouse Electric Company
--BERNAMA
“Today we completed the final major milestone before commercial operation for Westinghouse’s AP1000 nuclear power plant technology,” said José Emeterio Gutiérrez, Westinghouse president and chief executive officer. “We are one step closer to delivering the world’s first AP1000 plant to our customer and the world – with our customers, we will provide our customers in China with safe, reliable and clean energy from Sanmen 1.”
Following initial criticality will be connection to the electrical grid. Once plant operations begin at Sanmen 1, it will be the first AP1000 nuclear power plant in operation, offering innovative passive safety system technology, multiple layers of defense and advanced controls for unequaled reliability and safety.
Commenting on Westinghouse’s strong partnership with the China customer, Gavin Liu, president – Asia Region stated, “Westinghouse’s success in China is the joint effort between Westinghouse and our China customers.” He added, “This partnership and cooperation model can help to deploy a fleet of AP1000 units in the world for many years to come.”
Westinghouse currently has six AP1000 nuclear power plants progressing through construction, testing and start-up. These projects include two units in Sanmen, Zhejiang Province, China, two units in Haiyang, Shandong Province, China, as well as two units under construction at the Alvin W. Vogtle Electric Generating Plant near Waynesboro, Georgia, USA.
View source version on businesswire.com: https://www.businesswire.com/news/home/20180621006216/en/
Contact
Westinghouse Electric Company
Sarah Cassella, +1 412-374- 4744
Manager, External Communications
Email: cassels@westinghouse.com
www.westinghousenuclear.com
Source : Westinghouse Electric Company
--BERNAMA
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