TELEDYNE FLIR IIS EXPANDS ITS FORGE CAMERA SERIES WITH IP67 RATING TARGETING SMART AGRICULTURE, FOOD, AND BEVERAGE INDUSTRIES

The Forge 1GigE IP67 camera series is designed for reliability in demanding industrial factory automation environments 


RICHMOND, British Columbia, April 26 (Bernama-GLOBE NEWSWIRE) -- Teledyne FLIR IIS is pleased to announce the Forge® 1GigE IP67, the latest in its industrial camera series designed to perform in harsh industrial environments while ensuring highly efficient production capabilities. Forge 1GigE IP67 is the latest in our commitment to deliver advanced imaging systems for factory automation.

“We are proud to announce the launch of our latest machine vision product, exclusively designed for smart agriculture, food, and beverage industries,” said Sadiq Panjwani, General Manager at Teledyne FLIR IIS. “Unlike general-purpose cameras in a crowded machine vision market, our solution is tailored to address the complexities of a specific industry. We focus on key markets, and develop solutions from the ground up, armed with a clear understanding of the market, customer partnerships, and technology innovation.”

The Forge 1GigE IP67 camera series has an IP67 cylindrical enclosure for optimal and easy system integration, simplified post operation washing, and the prevention of dirt accumulation. A wide selection of IP67 rated components are available with partners such as Smart Vision Lights® and Components Express, LLC. (CEI) to create an entire IP67 vision ecosystem for our customers.

With advanced on-camera features such as auto-brightness functions (AGC and Auto-Exposure), the new cameras dynamically adjust in variable and outdoor lighting conditions. The IEEE1588 protocol enables multi-camera image capture synchronization, and Lossless Compression (LLC) provides higher frame rates and lower bandwidth requirements, maximizing camera output without compromising image quality for high-speed applications.

Key Features

• IP67 ingress protection minimizes dust and debris accumulation for simplified maintenance
• Onboard processing for no-drop image capture and delivery
• Highly robust and reliable Teledyne GigE framework within the Spinnaker® 4 acquisition SDK
• Support for Sapera® Image Processing Library with AI capability
• Newest Sony® CMOS image sensors, and 1.2 MP to 12 MP resolution options
• Includes a three-year warranty, access to rich online resources, and world-class technical support

The Teledyne FLIR IIS team is grateful for our customers’ ongoing support of our commitment to GigE innovation. Future advancements of Forge 1GigE IP67 will include higher resolution models.

For more information about Forge 1GigE IP67, visit the website.

Visit us at AUTOMATE 2024, Booth #636, from May 6-9, 2024, for the first live demonstration of Forge 1GigE IP67.

About Teledyne FLIR IIS
Teledyne FLIR IIS (Integrated Imaging Solutions), a Teledyne Technologies company, designs, develops, manufactures, markets, and distributes industrial-grade technologies that enhance productivity and development. The company provides innovative sensing solutions through machine vision, spherical imaging, and stereo-imaging technologies. Teledyne FLIR IIS offers a diversified portfolio that serves a wide variety of applications in industrial, medical, geospatial, and advanced robotics markets. For more information, visit www.teledyneflir.com/mv.

Media Contact
Farhad Kazi, Marketing Communications Specialist
farhad.kazi@teledyne.com

A photo accompanying this announcement is available at 
https://www.globenewswire.com/NewsRoom/AttachmentNg/aee985f6-1ed7-409f-9eec-22799857f283 


SOURCE : Teledyne FLIR

ANAQUA TRANSFORMS FOREIGN PATENT FILING INTO A STRATEGIC ADVANTAGE FOR INTELLECTUAL PROPERTY PROFESSIONALS

BOSTON, April 19 (Bernama-GLOBE NEWSWIRE) -- Anaqua, the leading provider of innovation and intellectual property (IP) management technology for corporations, law firms and governments, announces advancements in its Foreign Filing offering, enhancing the capabilities of its IP management platform, AQX^®. Anaqua has shifted the paradigm of foreign filing for IP professionals from a burdensome set of manual administrative tasks to a strategic and automated differentiator, powering rapid decision-making for global IP protection.

In today’s competitive landscape, global IP practitioners understand the critical importance of protecting their innovation and inventions across borders. Anaqua’s advanced Foreign Filing within AQX offers a centralized ecosystem that addresses every aspect of the foreign filing lifecycle. On the AQX platform, customers can now utilize a decision workspace supported by competitive dashboards, foreign filing-specific reports, and online quoting to develop, execute, track, and manage their foreign filings. IP professionals can access a network of expert jurisdictional associates and translation providers to further improve the filing processes with transparent pricing and visibility into the process.

“Global businesses face increasing challenges in safeguarding their intellectual assets amidst rising innovation costs and intensifying competition,” said Bob Romeo, CEO of Anaqua. “At Anaqua, we have taken foreign filing far beyond any traditional provider. Our fully integrated solution drives clients’ efficiency and effectiveness, empowering IP professionals to navigate the complexities of global IP protection with confidence. Our clients are sharing our vision and our filing volume from the first quarter of 2024 has already surpassed our full-year filing volume for 2023.”

Through Anaqua’s enhanced Foreign Filing, IP professionals now have access to an end-to-end solution that not only streamlines the filing process, but also ensures transparency, cost-effectiveness, and peace of mind.
 

For more information about Anaqua’s Foreign Filing offering, please visit: 
anaqua.com/services/foreign-patent-filing/. 

http://mrem.bernama.com/viewsm.php?idm=48419

ACAMS ASSEMBLY APAC TO HIGHLIGHT THE EVOLUTION OF ANTI-FINANCIAL CRIME MEASURES IN THE ASIA-PACIFIC REGION

The two-day gathering will address efforts to meet FATF’s standards, emerging technologies, fraud challenges, cryptoasset complexities and sanctions conflict 

HONG KONG, April 17 (Bernama-GLOBE NEWSWIRE) -- ACAMS, a leading international membership organization dedicated to the fight against illicit finance, will hold a two-day anti-financial crime (AFC) training and networking event beginning on April 22 at the Kerry Hotel, Hong Kong. The Assembly APAC 2024 will offer attendees expert guidance and practical insights, addressing how the region’s AFC professionals can prepare for the latest regulations and meet compliance expectations. 

The event will cover timely topics, from complex sanctions that can leave financial institutions grappling with conflicts of law, to technological developments including AI that yield new opportunities and challenges.

There will be a deep dive into APAC's evolving compliance landscape, addressing ways to prepare for the Financial Action Task Force's (FATF) fifth round of mutual evaluations, mitigate export control evasion risks, understand recent regulatory developments pertaining to virtual asset service providers (VASPs), and learn about domestic and global efforts to investigate and deter fraud.

The Assembly APAC 2024 will feature a session wherein regulators will share their views on current developments in the region. More than 50 speakers will also address timely topics such as ‘pig butchering’ and other scams, conflicts linked to sanctions and emerging geopolitical risk, and a thorough examination of Korea's Travel Rule implementation.

Keynote speakers will include Carmen Chu, JP, Executive Director (Enforcement and AML), Hong Kong Monetary Authority, and Jesse Baker, Deputy Assistant Secretary for Asia and the Middle East, Office of Terrorist Financing and Financial Crimes, U.S. Department of the Treasury. 

http://mrem.bernama.com/viewsm.php?idm=48392

LANTRONIX ANNOUNCES NEW FOX4 AND BOLERO 43 EDGE COMPUTE TRACKERS, EXPANDING ITS AWARD-WINNING TELEMATIC GATEWAYS FAMILY

New Lantronix solutions target the high-growth telematics market estimated to reach $3.7 Billion by 2027


IRVINE, Calif., April 17 (Bernama-GLOBE NEWSWIRE) -- Lantronix Inc. (NASDAQ: LTRX), a global provider of compute and connectivity IoT solutions, today launched its new FOX4 and Bolero 43 edge compute tracker telematic gateways. Designed for assets and fleet management, both products come pre-configured with Lantronix’s Percepxion™ IoT edge software platform, which provides secure, comprehensive IoT device provisioning and management. The two new products were showcased in the Lantronix booths at Embedded World 2024 (Hall 3, booth 356) held April 9–11, 2024, in Nuremberg, Germany, and ISC West 2024 (booth 7117) held April 10–12, 2024, in Las Vegas.

Ursula Hess, CEO of Quantum Aviation, a customer of Lantronix telematic products, said, “Utilizing Lantronix’s FOX Series Telematic Gateways, we are able to feed reliable, real-time data to our cloud-based software solution, which gives our aviation customers access to critical information for real-time visibility and actions as well as long-term analytics.”

According to Berg Insight, the global shipments of aftermarket telematic devices will grow at a CAGR of 10.5 percent in the next five years to reach 77.6 million units in 2027 for a total market value estimated to reach $3.7 billion by 2027. Lantronix’s innovative hardware and software effectively target this market, supporting these growth trends.

"Our new telematic devices provide a complete package that merges connectivity and cloud device management with award-winning hardware,” said Jacques Issa, VP of Marketing for Lantronix. “Lantronix is committed to innovation by introducing integrated hardware and software products where ease of use in customizing, on-boarding and provisioning remotely is paramount.”

The FOX4 Edge Compute Tracker

The latest upgrade in Lantronix’s FOX series, the FOX4 Edge Compute Tracker offers seamless integration of cellular and GNSS technologies, now enriched with BLE and Wi-Fi® connectivity, alongside advanced security features. FOX4 is engineered for versatility, and its design is optimal for a wide range of applications, from industrial complexes to urban landscapes. FOX 4 also offers the capability to support both internal and external antennas.

With robust support for PFAL scripting, LUA, MQTT, Azure and REST API, the FOX4 Series Trackers ensure that the user’s product can seamlessly communicate with virtually any telematics platform, reducing development time and accelerating the path to market.

The Bolero 43 Edge Compute Tracker

The Bolero 43 Edge Compute Tracker excels in asset and fleet management and Industrial IoT applications, such as manufacturing and automation. A derivative of the FOX4 series, the Bolero 43 integrates into the same ecosystem and uses the same programming languages. Designed for harsh environments, the Bolero 43 features an IP68 rating and a rugged design for durability. It is now globally available.

Both the FOX4 and Bolero 43 Edge Compute Trackers feature customization capabilities that are facilitated by the intuitive Workbench tool, enabling easy customizations from performance optimization to unique functionality integration.

Uninterrupted Uptime With Lantronix Connectivity Services SIM Card

FOX4 and Bolero 43 Series Telematic Gateways come preinstalled with Lantronix’s Connectivity Services SIM card that empowers users with a wide range of carrier options, allowing them to select the most suitable network provider, including industry leaders such as Verizon, AT&T and T-Mobile in North America as well as multiple carriers in the Europe and Asia Pacific regions.

Percepxion Service for Lantronix IoT Device Lifecycle Management

Delivered as a service, the Percepxion IoT edge software platform provides comprehensive device management through an intuitive single-pane-of-glass dashboard. Percepxion efficiently scales IoT edge deployments, including telematic gateways, from regional to global installations. This service will position Lantronix to target Annual Recurring Revenue (ARR) growth in the coming year.

Learn more about Percepxion and review its 60-day free trial offer here.

About Lantronix

Lantronix Inc. is a global provider of compute and connectivity IoT solutions that target high-growth industries including Smart Cities, Automotive and Enterprise. Lantronix’s products and services empower companies to achieve success in the growing IoT markets by delivering customizable solutions that address each layer of the IoT Stack. Lantronix’s leading-edge solutions include Intelligent Substations infrastructure, Infotainment systems and Video Surveillance, supplemented with advanced Out-of-Band Management (OOB) for Cloud and Edge Computing.

For more information, visit the Lantronix website.

“Safe Harbor” Statement under the Private Securities Litigation Reform Act of 1995: Any statements set forth in this news release that are not entirely historical and factual in nature, including without limitation statements related to our solutions, technologies and products, as well as the FOX4, Bolero 43 and Percepxion, and expectations regarding our management and our future growth and profitability. These forward-looking statements are based on our current expectations and are subject to substantial risks and uncertainties that could cause our actual results, future business, financial condition, or performance to differ materially from our historical results or those expressed or implied in any forward-looking statement contained in this news release. The potential risks and uncertainties include, but are not limited to, such factors as the effects of negative or worsening regional and worldwide economic conditions or market instability on our business, including effects on purchasing decisions by our customers; our ability to mitigate any disruption in our and our suppliers’ and vendors’ supply chains due to the COVID-19 pandemic or other outbreaks, wars and recent tensions in Europe, Asia and the Middle East, or other factors; future responses to and effects of public health crises; cybersecurity risks; changes in applicable U.S. and foreign government laws, regulations, and tariffs; our ability to successfully implement our acquisitions strategy or integrate acquired companies; difficulties and costs of protecting patents and other proprietary rights; the level of our indebtedness, our ability to service our indebtedness and the restrictions in our debt agreements; and any additional factors included in our Annual Report on Form 10-K for the fiscal year ended June 30, 2023, filed with the Securities and Exchange Commission (the “SEC”) on Sept. 12, 2023, including in the section entitled “Risk Factors” in Item 1A of Part I of such report; in our Quarterly Report on Form 10-Q for the fiscal quarter ended Dec. 31, 2023, filed with the SEC on Feb. 8, 2024, including in the section entitled “Risk Factors” in Item 1A of Part II of such report; as well as in our other public filings with the SEC. Additional risk factors may be identified from time to time in our future filings. The forward-looking statements included in this release speak only as of the date hereof, and we do not undertake any obligation to update these forward-looking statements to reflect subsequent events or circumstances.

© 2024 Lantronix, Inc. All rights reserved. Lantronix is a registered trademark. Other trademarks and trade names are those of their respective owners.

Lantronix Media Contact:        
Gail Kathryn Miller
Corporate Marketing &
Communications Manager
media@lantronix.com
949-212-0960

Lantronix Analyst and Investor Contact:        
Jeremy Whitaker
Chief Financial Officer
investors@lantronix.com
949-450-7241 


SOURCE : Lantronix, Inc.

MoneyHero Wraps Up Annual Festival With Impressive Attendance, App Launch

KUALA LUMPUR, April 15 (Bernama) -- MoneyHero Limited (MoneyHero), a market leading personal finance and digital insurance aggregation and comparison platform in Greater Southeast Asia, has completed its seventh annual Seedly Personal Finance Festival (PFF).

According to MoneyHero in a statement, the 2024 PFF was once again a rousing success, demonstrating the continued growth and influence of the largest event of its kind in Singapore.

MoneyHero Chief Executive Officer, Rohith Murthy said the festival was a cornerstone of the company’s commitment to educating and empowering individuals in Greater Southeast Asia through financial literacy.

The annual festival, which held its first event in 2018, is produced by Seedly, MoneyHero’s market-leading platform that builds the largest personal finance community in Singapore.

Impressively, the 2024 PFF gathered more than 5,000 attendees, with 70 business, financial, and government leaders speaking, and 35-plus prestigious finance and insurance organisations serving as sponsors.

During the event, Seedly also launched a new app, ShopHero by Seedly, the Ultimate Shopping Companion, where users can get instant alerts for discounts, personalise deals and maximise rewards with best-fit credit cards.

Key topics covered during this year’s festival included investment themes and trends to watch; the latest insights in financial planning, wealth management, and insurance decision-making; and how to approach to property investing.

Singapore’s Minister for Manpower and Second Minister for Trade and Industry, Dr Tan See Leng was the keynote speaker with notable speakers from CIMB Bank, Citibank Singapore, and Manulife Singapore, among others.

-- BERNAMA

RESEARCH: MORE THAN HALF OF SINGAPORE'S ORGANISATIONS EXPERIENCED 1-2 HOURS OF WEEKLY DOWNTIME DUE TO FIXED LINE/ FIBRE NETWORK FAILURE OVER THE LAST 12 MONTHS

Eighty-two percent of Singapore’s organisation have had to remove/ block applications like Zoom, WhatsApp and others considered vulnerability risks from work devices for security reasons


MELBOURNE, Australia, April 15 (Bernama-GLOBE NEWSWIRE) -- Cradlepoint, part of Ericsson, the global leader in cloud-delivered LTE and 5G wireless network and security solutions, today announced findings from its 2024 State of Connectivity survey. Findings reveal that despite 62% of Singaporean organisations using cellular connectivity, fixed line/ fibre network failure has caused 57% of organisations to experience 1-2 hours of downtime per week. Alarmingly, 25% experienced 3-4 hours of downtime per week, due to fixed line/ fibre network failure over the last 12 months. These figures suggest that cellular connectivity is only being used in some organisational areas.

Fifty percent of organisations are also already using network edge solutions to enable in-vehicle connectivity, with another 47% looking to extend their network edge solution to include in-vehicle connectivity in the next 12-24 months.

The survey also found that more than two-thirds of Singapore’s organisations experienced a network security attack in the last 12 months. Of those that were the target of a network security attack, nearly one-quarter suffered a major security breach which resulted in loss of data and over 14% resulted in significant company fines. As a result, 82% of organisations surveyed in Singapore have removed or blocked applications like Zoom, WhatsApp, and others considered vulnerability risks from work devices.

Conducted by Censuswide, the survey revealed that sustainability plays a significant role in Singapore’s business and public sectors, with 60% of organisations agreeing that it plays a key role in their organisations short-term and long-term goals. In fact, the same portion of organisations agreed that increasing sustainability efforts could help improve business revenue. Fifty-nine percent of organisations agreed that they need smarter facilities – incorporating IoT and connected devices – to operate more efficiently and sustainably. With that, nearly one-quarter of organisations surveyed are planning to invest in cellular networks, more than 36% in Artificial Intelligence (AI)/ Machine Learning (ML), and more than one-quarter in equipment sensors, to reduce waste and make facilities more efficient in the next 12 months.

“Singapore is at the forefront when it comes to solving problems with innovative technology, and this is evident in the country’s widespread use of technologies like IoT, AI, and ML. Singapore has long been using connected robotics and other sensor dependent technologies to support the country’s goals, whether it was social distancing during the pandemic or now, waste reduction to meet Singapore’s national Green Plan,” said Nathan McGregor, Senior Vice President Asia Pacific, Cradlepoint.

Despite a positive approach to new technologies and over 94% of organisations surveyed considering 5G wireless connectivity to drive innovation and digital transformation, some organisations still have questions about investing in 5G. More than 35% of organisations reported a shortage of skills required to deploy and maintain a fixed and wireless network as a deterrent to 5G investment, while one-third of organisations reported concerns over the ability to secure connectivity across the enterprise, perception of costs, and a lack of clear ROI as barriers to 5G investment.

“Organisations that measure cost to business not just on initial investment but also on uptime, response time, customer satisfaction, reach and diverse solution offerings will quickly realise how 5G business value impacts their bottom line,” McGregor said.

Survey methodology 

‘The State of Connectivity in Singapore’ is based on the findings of Censuswide research of over 500 respondents across Singapore. Respondents were business owners, C-level executives or senior managers at businesses with over 250 employees; all were technology decision-makers.

Vertical sectors polled in this report included: Building, Arts & Culture, Education, Finance, Healthcare, HR, IT & Telecoms, Legal, Manufacturing & Utilities, Retail, Catering & Leisure, Travel and Transport, Government, First Responders, Public Transportation, Automotive, Building Management, Supply Chain & Logistics, Maritime, and Agriculture.

The full Cradlepoint 2024 Connectivity Report Singapore can be found here.

About Cradlepoint
Cradlepoint enables the freedom to connect people, places, and things that drive more experiences, more ways to work, and better business results — anywhere. The company is a pioneer in Wireless WAN, offering advanced 4G and 5G routers and adapters — controlled through Cradlepoint NetCloud™. Enterprise businesses and public sector agencies rely on Cradlepoint and its Cellular Intelligence to build a reliable, secure network wherever they need it, connecting fixed and temporary sites, vehicles, IoT devices, and remote employees. Headquartered in Boise, Idaho, Cradlepoint is a wholly owned subsidiary of Ericsson (NASDAQ: ERIC) and part of their Business Area Enterprise Wireless Solutions. It has international offices in Asia Pacific, Canada, Europe, India, and Latin America. www.cradlepoint.com.

Contact
Biana Chamlet
Cradlepoint APAC PR
Biana.chamlet@cradlepoint.com 


SOURCE : Cradlepoint

Expereo Promotes Ben Elms To CEO, Irwin Fouwels To Executive Chairman

Ben Elms (Photo: Business Wire)

KUALA LUMPUR, April 12 (Bernama) -- Expereo, the global intelligent internet company, has appointed Ben Elms as Chief Executive Officer (CEO) and Irwin Fouwels as Executive Chairman, effective May 1.

This strategic move is part of Expereo's commitment to driving sustained growth and building on its legacy of innovation and global customer success, according to a statement.

As CEO, Elms will be responsible for driving the company's strategic vision, enhancing operational efficiency, and fostering innovation to meet the evolving needs of Expereo's global customer base, while Fouwels, assuming the role of Executive Chairman, brings a strategic mindset and a passion for innovation which has contributed to the company’s success.

“I am thrilled to lead the company with Irwin’s support as Executive Chairman. With the entire team we will capitalise on new opportunities, further expand our market presence, and drive continued innovation including driven by increased adoption of AI and the opportunities that creates for Expereo – “faster to the future”," said Elms.

Meanwhile, Fouwels said it is a privilege working with the global Expereo team and its investment partners over the last decade delivering unique value to its customers in a dynamic technology and telecoms market.

With their combined experience in the telecommunications and technology sectors, Elms and Fouwels bring a wealth of expertise and leadership to their new roles within the business.

Elms brings over 25 years of relevant experience having held key executive roles at prominent firms and since joining in 2022 as Chief Revenue Officer, Elms has successfully led transformative initiatives such as expereoOne, Expereo’s digital customer experience platform and driven its direct enterprise go-to-market strategy.

For Fouwels, he has transformed and scaled Expereo to the world leading intelligent internet company delivering unparalleled internet performance, led the company through multiple investor rounds and a series of acquisitions whilst delivering strong financial performance and investor returns, as Expereo CEO over the last decade.

With their combined leadership, industry knowledge and track record of success they are confident in accelerating Expereo’s growth trajectory, and in delivering exceptional value to their customers and partners.

-- BERNAMA

AM BEST AFFIRMS HONG KONG’S TUGU INSURANCE CREDIT RATINGS

KUALA LUMPUR, April 12 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of B+ (Good) and the Long-Term Issuer Credit Rating of “bbb-” (Good) of Hong Kong’s Tugu Insurance Company Limited (TIC).

In a statement, AM Best said these credit ratings (ratings) which have a stable outlook reflected TIC’s balance sheet strength, which was assessed as strong, as well as its marginal operating performance, limited business profile and marginal enterprise risk management (ERM).

TIC’s risk-adjusted capitalisation, as measured by Best’s Capital Adequacy Ratio, is assessed at the strongest level and expected to remain so over the short to intermediate term.

Offsetting balance sheet strength factors include the volatility in the absolute capital and surplus size due to underwriting volatility, concentration risk in investment properties, and fair value movements of these properties.

The company’s marginal operating performance is demonstrated by its volatile bottom line, contributed both from underwriting and investment experience; nonetheless, its operating expense ratio remains high with a limited premium base.

Despite stable rental income from its investment properties and interest and dividend income arising from its liquid assets, TIC experienced investment losses in 2022 and 2023 due to a decline in the fair value of investment properties. The company’s overall profitability is expected to remain modest over the intermediate term.

TIC’s ultimate parent company is PT Pertamina (Persero), a state-owned integrated oil and gas company in Indonesia. While TIC obtains a substantial portion of its top line from its parent, it also has expanded other revenue sources actively for more diversification, including overseas business and domestic business in Hong Kong, over the past few years.

The rating agency also assesses TIC’s ERM as marginal with key areas of concern include underwriting, investment concentration, strategic planning and reserving capability.

To address these concerns, the company has taken remediation actions including developing its risk management framework with refined risk appetite and risk policies, and performing relevant stress and scenario testing to ensure compliance with the latest regulatory requirements and internal concerns.

-- BERNAMA

HONG KONG’S CMB WING LUNG INSURANCE RATED EXCELLENT - AM BEST

KUALA LUMPUR, April 8 (Bernama) -- Global credit rating agency, AM Best has affirmed the Hong Kong’s CMB Wing Lung Insurance Company Limited (CMBWLI) financial strength rating of A (Excellent) and the long-term issuer credit rating of “a” (Excellent).

In a statement, AM Best said these credit ratings (ratings) which have a stable outlook reflected CMBWLI’s balance sheet strength, which was assessed as very strong, as well as its strong operating performance, neutral business profile and appropriate enterprise risk management.

CMBWLI’s very strong balance sheet strength assessment is underpinned by its robust risk-adjusted capitalisation, as measured by Best’s Capital Adequacy Ratio (BCAR).

The company’s capital base continued to grow organically in 2022, supported by its positive operating results and profit retention, partially offset by a one-off dividend in specie to CMB Wing Lung Bank in 2022. During 2022 and 2023, cash and cash equivalents remained as CMBWLI’s largest asset type.

Additionally, the insurer continues to enhance the credit quality of its bond investments, which remains as its largest investment asset type other than cash, as well as the de-risking of its equity portfolio during 2023.

The company’s overall operating performance has been consistently strong and better than average, as evidenced by annualised returns on equity of eight per cent and nine per cent respectively, in 2022 and 2023.

Net earnings continued to be supported by decent growth in premium volume and profitable underwriting results. CMBWLI’s investment performance continues to be supported by a stream of interest and dividend incomes during 2022 and 2023.

A medium-size, non-life insurer in Hong Kong, and one of the major market players in its domestic market’s employees’ compensation (EC) segment, CMBWLI ’s product mix remained diversified in 2023, with EC, motor and property damage making up the bulk of its business.

CMBWLI has continued to strengthen its risk management over the last few years, including investment risk controls, risk identification and monitoring tools, as well as risk governance.

-- BERNAMA

AM BEST AFFIRMS VIETNAM’S PVI INSURANCE CREDIT RATINGS, ASSIGNS NATIONAL SCALE RATING

KUALA LUMPUR, March 29 (Bernama) -- Global credit rating agency AM Best has affirmed Vietnam’s PVI Insurance Corporation (PVI Insurance) financial strength rating of A- (Excellent) and the long-term issuer credit rating of “a-” (Excellent).

According to AM Best in a statement, these credit ratings (ratings) have a stable outlook and PVI Insurance has been assigned the Vietnam National Scale Rating (NSR) of aaa.VN (Exceptional) with a stable outlook.

The ratings reflect PVI Insurance’s balance sheet strength, which the rating agency assesses as very strong, as well as its strong operating performance, neutral business profile and appropriate enterprise risk management.

The ratings also factor in rating enhancement from PVI Insurance’s ultimate parent, HDI Haftpflichtverband der Deutschen Industrie V.a.G. (HDI V.a.G.).

AM Best assesses PVI Insurance’s operating performance as strong, supported by its five-year average return-on-equity ratio of 17.9 per cent (2019-2023) and the company continued to deliver robust underwriting profits in 2023 and achieved a combined ratio of 92.7 per cent.

Underwriting performance is expected to remain robust over the medium term supported by profitable results in commercial and industrial lines of business, with investment returns, consisting mainly of interest and dividend income, is expected to remain as a key contributor to the company’s overall earnings.

Meanwhile, PVI Insurance’s business profile was assessed as neutral, in which the company became the largest non-life insurer in Vietnam based on 2022 direct premiums and it continues to grow its market share.

The company has a strong market position in commercial and industrial lines of business, including energy, property, engineering, aviation and marine insurance, as supported by its affiliation with the PetroVietnam group, one of the largest state-owned oil and gas corporations in Vietnam.

Support from HDI V.a.G. has enhanced PVI Insurance's technical expertise and service offerings, strengthening its position in the regional industrial risks insurance segment. The company benefits from risk management and governance support from HDI V.a.G.

-- BERNAMA

HOTEL VILLA FONTAINE PREMIER/GRAND HANEDA AIRPORT OFFERS ROOMS FEATURING POPULAR CHARACTERS

KUALA LUMPUR, March 29 (Bernama) -- Sumitomo Fudosan Villa Fontaine Co Ltd, a Sumitomo Realty Group, has begun offering guestrooms featuring a major Japanese carrier and popular characters known worldwide such as Hatsune Miku and LINE FRIENDS at Hotel Villa Fontaine Premier/Grand Haneda Airport.

According to a statement, it is Japan's largest airport hotel with 1,717 guestrooms and directly connected to Haneda Airport (Tokyo International Airport) Terminal 3.

The establishment has set aside specially designed about 100 guestrooms featuring popular characters along with other well-known entities from Japan and worldwide to enhance the value of staying at the hotel.

The company aims to provide guests with a unique and memorable experience near Haneda Airport, which is striving to become a tourism-oriented country.

Sumitomo Fudosan Villa Fontaine has partnered with Japan Airlines (JAL); Hatsune Miku; Kanosei Art Project by TOPPAN Group; KOKUYO; LINE FRIENDS; Love Live! Nijigasaki High School Idol Club; and Sirotan, to offer unique themed guestrooms.

As part of the collaboration, Hatsune Miku, a virtual singer that is popular worldwide, along with five other Piapro characters, namely  Kagamine Rin, Kagamine Len, Megurine Luka, MEIKO and KAITO, will be in the project which marks the first collaboration of all the six characters with a hotel.

Meanwhile, JAL will showcase a record of 24 guestrooms dedicated to their collaboration, in line with the number of the carrier's international flights from Haneda.

Additionally, partnership with Japanese stationery company KOKUYO who operated KOKUYODOORS, will oversee the design and layout of the rooms, while alliance with LINE FRIENDS will feature soft colours and Japanese flavours in the guestrooms' unique design that can be seen only at this hotel.

Connected with Haneda Airport Terminal 3, the hotel is convenient for guests who stay there pre & post arrival/departure, and covers a wide range of needs which is not only for business but also for leisure.

-- BERNAMA

Park Place Technologies Acquires Virginia-based SDV Solutions

KUALA LUMPUR, March 27 (Bernama) -- Park Place Technologies, the world’s leading data centre and networking optimisation firm, has acquired Virginia-based SDV Solutions, which provides client-centric data centre infrastructure solutions exclusively to Federal Government agencies.

Founded in 2004 by service-disabled veteran of the United States (US) Air Force and current owners Mike McMahan and Erin McMahan, SDV is a multi-original equipment manufacturer (OEM), independent third-party services provider exclusively to the US Federal Government.

Mike McMahan will remain with Park Place to ensure clients have a consistent and trusted team supporting the most critical missions of the US Government.

Park Place Technologies President and Chief Executive Officer, Chris Adams in a statement said SDV’s reputation and business practices make it an important addition for Park Place’s established Federal client base.

“We have been firmly entrenched in the Federal space and continue to foster long-term relationships at the highest levels. The trust and unquestioned dedication SDV is known for will be joined with our mission to optimise government data centre budgets, productivity, performance, and sustainability,” he said.

Park Place helps more than 21,000 clients optimise data centre budgets, productivity, performance, and sustainability so they can think bigger, and act faster.

From procurement to decommissioning, Park Place’s comprehensive portfolio of services and products helps information technology (IT) teams optimise IT lifecycle management.

SDV’s Channel partners will have access to Park Place’s decades-long platforms of partner incentives, Federal-adherent processes, US-based supply chain and deeper depth of security-cleared field engineers.

-- BERNAMA

FLORIDA-BASED CYBERSECURITY COMPANY LAUNCHES AUSTRALIAN DATA CENTRE

ThreatLocker Expands Endpoint Security Services and Data Infrastructure to Australia

Sydney, March 26 (Bernama-GLOBE NEWSWIRE) -- Leading cybersecurity solution provider, ThreatLocker, proudly announces the launch of its advanced data centre in Sydney, Australia, just over a year after the grand opening of its second headquarters in Dublin, Ireland. This strategic move aims to enhance cybersecurity capabilities across various sectors in Australia, including the private sector, commonwealth, state, territory, and local governments. 

The expansion of ThreatLocker will assist Australian entities in complying with the urgently recommended Australian Cyber Security Strategy implemented by the Australian Government. Additionally, ThreatLocker offers Zero Trust Application Controls and Ringfencing capabilities that align almost any organization with requirements presented by the Australian Cyber Security Centre’s Essential Eight Maturity Model. 

Commenting on the extension of their security footprint, ThreatLocker Chief Executive Officer and Co-Founder Danny Jenkins said, "Zero Trust is a mindset, and I admire the Australian government's holistic approach, involving the wider community to tackle a modern-day threat." 

Jenkins continued, "As one of the top vendors assisting businesses with Essential Eight guidelines, we are thrilled to strengthen our collaboration with Australia through this centre, bolstering their data protection and compliance initiatives." 

ThreatLocker, founded in 2017 by CEO Danny Jenkins, COO Sami Jenkins, and VP of Quality Assurance John Carolan, protects over 2 million endpoints across more than 40,000 organizations globally. The company provides 24/7/365 support with an average response time of 60 seconds or less. ThreatLocker offers a powerful Zero Trust endpoint protection platform that enables organizations to stop ransomware and other cyberattacks by controlling what software can run in their environments. The combined solutions of ThreatLocker, including Application Allowlisting, Ringfencing™, Storage Control, Elevation Control, and Endpoint Network Control, lead the cybersecurity market toward a more secure approach by blocking the exploits of unknown application vulnerabilities. 

Attachment

·         ThreatLocker Expands Endpoint Security Services to Australia
 
Spencer Ford
ThreatLocker Inc.
press@threatlocker.com  

SOURCE: ThreatLocker Inc.

--BERNAMA

DNP EXPEDITES PHOTOMASK PROCESS FOR 2NM EUV LITHOGRAPHY DEVELOPMENT

KUALA LUMPUR, March 27 (Bernama) -- Dai Nippon Printing Co Ltd (DNP) has begun development of a photomask manufacturing for 2-nanometre (nm) generation logic semiconductors that support Extreme Ultra-Violet (EUV) lithography, the cutting-edge process for semiconductor manufacturing.

DNP in a statement said it will also act as a subcontractor and provide the newly developed technology to Tokyo-based Rapidus Corporation (Rapidus).

Rapidus participated in the Research and Development Project of the Enhanced Infrastructures for Post-5G Information and Communication Systems instigated by the New Energy and Industrial Technology Development Organization (NEDO).

In response to the need for further miniaturisation, DNP will begin full-scale development of a photomask manufacturing process for 2nm generation EUV lithography, including the operation of second and third multi-electron beam mask lithography systems in fiscal year (FY) 2024.

The company plans to bring online its second and third MBMW mask lithography systems in FY 2024, accelerating the development of photomasks for 2nm generation EUV lithography.

It has strengthened its ability to manufacture cutting-edge semiconductors with high productivity and quality, being the world's first merchant photomask manufacturer to introduce the multi-beam mask writing tool (MBMW); and completed the development of a photomask manufacturing process for 3nm generation EUV lithography and commenced development of 2nm generation technology, in 2016 and 2023, respectively.

By FY 2025, DNP will complete the development of a manufacturing process for photomasks for 2nm generation logic semiconductors that support EUV lithography. From FY 2026 onwards, it will push ahead with the establishment of production technology with a view to commencing mass production in FY 2027.

It has also begun development with an eye toward the 2nm generation and beyond, and has signed an agreement with imec, a cutting-edge international research organisation headquartered in Leuven, Belgium, to jointly develop next-generation EUV photomasks.

DNP will continue to contribute to the growth of Japan's semiconductor industry by promoting development in collaboration with various partners within the framework of the international semiconductor industry.

-- BERNAMA

CHINA AND HONG KONG LEAD ASIAN PARTICIPATION AT ALIMENTARIA&HOSTELCO 2024

The trade show platform will hold in Barcelona one of the editions with the highest participation of international companies and professionals in its history. Of the 3,200 exhibiting companies, 900 come from outside Spain and 25% of the 100,000 expected visitors will come from more than 120 countries, consolidating its position as the leading European platform for the sector. From 18 to 21 March the major challenges and trends in the industry, such as functional foods, sustainability and AI, will be addressed in more than 350 activities and demonstrations by 700 prestigious experts and chefs.


BARCELONA, Spain, March 19 (Bernama-GLOBE NEWSWIRE) -- Multiplying business opportunities and their international impact is the main objective of Alimentaria&Hostelco 2024, one of the largest European events for the food and beverage, catering and hospitality equipment industry for professionals from distribution, retail and the Horeca channel, which will occupy 100,000 net m2 at Fira de Barcelona's Gran Via venue.

After Spain, the country with the largest exhibition space will be Italy, followed by Turkey, China and Hong Kong, Poland, Portugal, France, Belgium, Germany, the Netherlands and Argentina. The participation of Asian companies, led by China and Hong Kong, and with a large representation from Taiwan, Thailand and South Korea, stands out.

In order to maximise its business opportunities, the event has a buyer invitation program, through which it will bring together more than 2,200 importers, distributors, directors and high-level purchasing managers. Of these, more than half are international, from 98 countries - led by the United States, Mexico, China, Portugal, the United Kingdom, Colombia, Canada and South Korea - and more than 13,000 business meetings are planned.

Alimentaria&Hostelco is one of the platforms with the largest cross-sector offering in the international sector, where the meat, food service and hospitality sectors are most widely represented. This year's edition focuses on the Horeca channel and combines the exhibition offer of Hostelco, the International Restaurant, Hotel, Catering and Community Equipment and Machinery Show, with Restaurama, the Alimentaria show specialising in food service. In addition, the new Coffee, Bakery & Pastry sector and the Catering in Collectivities area, with their respective revitalization spaces, will be added to this large area which will occupy three of the exhibition center's seven pavilions.

Press Alimentaria: Susana Santamaria ssantamaria@alimentaria.com
Press Hostelco: Gloria Dilluvio gdilluvio@firabarcelona.com

For media requests please contact:

Salvador Bilurbina
email: sbilurbina@firabarcelona.com
phone: +34628162674 

SOURCE : Fira De Barcelona

STERLING TRADING TECH BRINGS PROPRIETARY OMS AND RISK MODELS TO ASIA

Korea Launched, Hong Kong and Singapore to Follow


Chicago, March 13 (Bernama-GLOBE NEWSWIRE) -- Sterling Trading Tech (STT), a leading global provider of technology in order management, risk and margin, and trading, today announced a 2024 expansion into Asia. STT focuses on client growth by delivering technology that provides clients with a competitive advantage. This announcement comes as the second in a series of strategic announcements for 2024 regarding plans for international expansion, following the recent onboarding of KBFG Securities America Inc. 

The move is in response to the Asia markets and client demand for more advanced OMS and Risk solutions than are currently available in local markets. STT has identified Korea, Hong Kong, and Singapore as the focus for the expansion. STT will deploy its systems both locally and cross-border (focusing on U.S. operations of Asia entities). 

Sterling’s multi-asset OMS enhances liquidity and alpha generation in U.S. equities and options. It fosters client growth and competitiveness by creating operational and infrastructure efficiencies. STT’s OMS offers real-time balances and positions, advanced margin methodologies, customizable risk controls, broad reporting capabilities, and API connectivity, enabling seamless trading.  Advanced order queuing allows traders to place orders at any time and receive international orders in real time outside of U.S. trading hours. 

The Risk & Margin capability is delivered across a menu of technical alternatives, covers US equities and global options, and delivers proprietary and unique RegTech capability. This includes Risk & Margin together in one system, and RegT and Custom House Policy Updates in real time. Post-execution analysis is done using real-time market data. 

Said Jennifer Nayar, STT CEO: “The perception in many markets is that OMS and Risk offerings are commoditized.  Our perspective is that these systems can be used to enhance efficiencies, competitiveness, and profitability, while covering regulatory requirements. Using STT, clients can reduce the time to trade U.S. from nine to six months. What sets us apart in the industry is our multi-asset OMS, delivering 24x5 capabilities, and our Risk system, built with unmatched regulatory features to provide a distinct competitive advantage. Our experience is that Asia markets consistently seek the most capable and advanced solutions to build their franchises and we have already gained traction with our approach.”

About Sterling Trading Tech

Sterling Trading Tech (STT) is a leading provider of professional trading technology solutions for the global equities, equity options and futures markets. With over 100 clients including leading brokers, clearing firms and prop groups in over 20 countries, STT provides solutions tailored to clients’ needs. STT is committed to providing fast, stable technology along with outstanding customer service. STT provides trading platforms, OMS and risk products to its clients.

Media Contact:

Magdalena Mayer
magdalena.mayer@sterlingtradingtech.com
(312) 346-9600

Media Contact:
Magdalena Mayer
magdalena.mayer@sterlingtradingtech.com
(312) 346-9600  

SOURCE : Sterling Trading Tech

EPICOR CELEBRATES 30 YEARS OF DRIVING INNOVATION AND CUSTOMER SUCCESS ACROSS ASIA AT ANNUAL ASIA CONNECT EVENT

BANGKOK, March 11 (Bernama-BUSINESS WIRE) -- Epicor, a global industry-specific enterprise software leader, celebrated a multitude of successes at the company’s annual Asia Connect customer event, held in Bangkok, Thailand last week. The event marked 30 years of Epicor operating across North and Southeast Asia, and showcased how Epicor has supported customers and their ever-evolving needs in driving growth and operational success.

Vincent Tang, Epicor Vice President of Sales for Asia, said, “We did not want to let this milestone moment pass and as such celebrated our commitment and loyalty to this key region. As digitalisation continues to grow across Asia, we will support our customers by introducing initiatives in AI and enhancements to Industry 4.0, creating the digital connections to make work better. We are passionate about educating and attracting younger people into the manufacturing industry, with the purpose of providing them with the digital foundation that powers the growth of the make, move, and sell economy.”

Epicor has seen significant SaaS growth over the past three years thanks to increased cloud adoption across Asia, with many regional businesses implementing or migrating to Epicor Kinetic in the cloud – a purpose-built, scalable platform that helps manufacturers better compete and grow their businesses.

Reflecting on the company’s success, Epicor Executive Vice President, International, Andy Coussins commented, “The outstanding performance in cloud growth is a testament to the local Epicor team – their strong commitment to enabling customers to pivot to SaaS and helping them on their digital transformation journeys should not go unnoticed. We have made great strides in the last 30 years to expand our regional footprint; immerse ourselves into local markets, industries, and specialties; and drive significant investments to ensure our customers are receiving a first-class experience. We look forward to continuing this momentum in this vital region.”

The event celebrated customer innovation and excellence for those who have excelled in leveraging Epicor solutions to transform and accelerate their business ambitions.

The Epicor Champion Award winners included:

Manufacturing Champion: Essons Global Industrial Company had limited visibility on the shop floor and relied on manual data collection and entry. Utilising Epicor Kinetic and MES, Essons has seen processes reduce from 20 to 25 days down to just three to five days, and an 80 percent reduction in operational delays, freeing up management to focus on strategic goals.

Innovation Champion: Thong Guan Industries Berhad has been an Epicor customer since 2015, leveraging Epicor across their organisation including operations, finance, shop floor, and warehouse management. By using Epicor Kinetic, they are advancing towards their Net Zero initiatives and closely monitoring their material usage in production. This strategic approach has significantly reduced plastic wastes by minimising the amount of damaged goods and materials upon arrival, leading to a more sustainable solution for their customers.

Project Champion: Kenny Tang from Volex was recognised for his resilience and drive in progressing project milestones. Kenny helped to adopt a next generation global operating system, overseeing Epicor implementations across three factories in China, with 10 additional implementations planned over the next few years.

Executive Champion: NTN Medical Team, part of the Herbert Thailand Group, has evolved from a small workshop to a world-class player implementing Epicor Kinetic in the cloud to better focus on their business. The company has made great strides in automation, streamlining intercompany transactions and making significant financial savings. 

http://mrem.bernama.com/viewsm.php?idm=48191

XSOLLA WEB SHOP 2.0 OFFERING GAME DEVELOPERS TO HARNESS DIRECT-TO-CONSUMER SALES

KUALA LUMPUR, March 6 (Bernama) -- Video game commerce company, Xsolla has introduced its Web Shop 2.0, a leading solution for web purchases to power profitable direct-to-consumer sales for game developers.

In a statement, Xsolla said its focus on web monetisation began in 2021 and the company has launched over 210 Web Shops for leading mobile studios worldwide across multiple genres.

Drawing on this extensive experience, Xsolla has been building a new, innovative version of its flagship solution, Web Shop, designed to help mobile game developers construct direct-to-consumer monetisation strategies to increase revenue by motivating gamers to pay on the web.

“Xsolla Web Shop 2.0 is a testament to our commitment to evolving with the mobile gaming industry's needs. This innovation results from launching over 200 Web Shops, including 40 of the top 100 highest-grossing mobile games worldwide.

“Xsolla Web Shop is our strategic innovation to meet the evolving demands of the mobile gaming industry. By emphasising user-level personalisation and instant web shop launch, we enhance how developers engage with players and maximise their revenue,” said its President, David Stelzer.

With this release, Xsolla is unveiling the Instant Web Shop, a templatised online store fully functional to power web purchases in as little as 24 hours, in which this rapid deployment tool for starting immediate revenue collection improves user awareness of the advantages of making purchases on the web.

Xsolla Web Shop 2.0 features includes advanced LiveOps tools; personalisation and engagement; expert guidance and support; as well as improved user flow.

Through personalised offers, discount promotions, bonus promotions, loyalty programme, and reward system, developers can significantly increase player engagement and loyalty, in addition to receiving expert guidance in navigating the intricacies of web shop management from Xsolla.

-- BERNAMA

LIVERAMP’S DATA COLLABORATION PLATFORM STREAMLINES CONNECTION ACROSS PARTNERS, CLOUD ARCHITECTURES

KUALA LUMPUR, Feb 29 (Bernama) -- LiveRamp has unveiled the next generation of the /LiveRamp Data Collaboration Platform, which brings together solutions for the end-to-end marketing lifecycle onto a single platform.

The unified offering introduces new capabilities such as a simplified user interface, composable technology for cross-cloud interoperability, and a partner marketplace where innovative third-party developers can build applications showcasing their trusted expertise.

Built on a foundation of durable, authenticated technology designed to withstand signal loss, the /LiveRamp Data Collaboration Platform offers functionality to proactively address evolving privacy considerations while accelerating forward-looking data collaboration use cases.

LiveRamp Chief Product Officer, Kimberly Bloomston said its customers have been asking for solutions with greater simplicity and scale to unlock the value of data and drive a competitive advantage.

“The launch of our fully unified platform delivers on this need by setting a new standard for powerful data collaboration built on privacy-enhancing technologies that withstand evolving signal loss and privacy requirements,” she said in a statement.

The launch of the unified /LiveRamp Data Collaboration Platform follows the company’s acquisition of Habu to accelerate data collaboration through enhanced clean room technology.

By bringing all of its capabilities into a single user interface with simplified orchestration, LiveRamp enables customers to more easily connect audiences across partners.

Supporting modern data architectures with a focus on decentralised data reduces cloud complexity, improving cloud usability for all business users while resolving information technology infrastructure constraints.

Customer advantages include greater ease-of-use and streamlined functionality that unlock greater value across all of their data collaboration needs which include increasing simplicity using a single user interface; enhancing the user experience and accelerating speed-to-value; as well as leveraging a new, partner application marketplace.

-- BERNAMA

OAG Aviation Network Champions Acknowledge Excellence In Asia-pacific

KUALA LUMPUR, Feb 28 (Bernama) -- OAG, the world’s data platform for the global travel industry, has announced the winners of its Asia-Pacific (ASPAC) Aviation Network Champions.

According to OAG in a statement, the list recognises the progress airlines and airports in the ASPAC region have made on their journey towards recovery since 2019.

Key categories look at frequency and capacity growth for both long and short haul operators, and the most improved networks and recovered routes.

“With rising aircraft orders placed in the region, increasing disposable incomes, and a hunger for travel, ASPAC is poised to lead the industry in the next decade,” said OAG head of the ASPAC Region, Mayur Patel.

Using the world’s largest network of flight information and market performance, OAG determined the most successful airlines and airports based on connection and capacity growth, and recovery.

Categories include Capacity Growth Airlines; Frequency Growth Airlines; Most Improved Network Airlines; Most Recovered Airports; and Fastest Growing Airports.

VietJet leads the pack across three airline categories, namely Capacity Growth, Frequency Growth (both for short-haul low-cost carriers) and Most Improved Network, while Jakarta Soekarno-Hatta is the Most Recovered airport, and Hong-Kong is the Fastest Growing.

The list also recognises key route performance in the past year, including Icheon - Tokyo Narita as the Most Competitive International City Pair.

-- BERNAMA

CURIA APPOINTS STEVE LAVEZOLI AS VICE PRESIDENT, BIOLOGICS

ALBANY, N.Y., Feb 26 (Bernama-GLOBE NEWSWIRE) -- Curia, a leading contract research, development and manufacturing organization, today announced it has appointed Steve Lavezoli as vice president of biologics effective Feb. 26. Lavezoli will lead Curia’s biologics division, overseeing its discovery, development and manufacturing services.

“This is an exciting time for our biologics team, and we are pleased to have Steve on board,” said Curia CEO Philip Macnabb. “Steve’s remarkable breadth of experience leading commercial operations for biologics development and manufacturing makes him a natural fit to lead our biologics efforts. Under his guidance, I have every confidence that we will further our mission of life-changing life science.”

Lavezoli most recently worked for Scorpius Biologics, a startup CDMO focused on microbial and mammalian biologics development and manufacturing as the vice president of commercial operations. Prior to joining Scorpius, he spent four years with Catalent Biologics, focused on drug substance business development in the U.S. for early-stage clinical programs and later focusing on late-stage commercial program integration. He also spent 12 years in the industrial gasses industry with Linde Gas before joining W.L. Gore in the startup biopharmaceutical division to work on a commercial business/market development role for bulk drug substance single-use items. He earned his B.S. in chemical engineering from Pennsylvania State University.

“Curia holds a unique position in the CDMO industry with an impressive end-to-end offering,” said Lavezoli. “It’s an honor to join a team with such deep scientific expertise and values-driven purpose to drive a positive impact on patients’ lives.”
 

Learn more about Curia’s biologics offerings here: https://curiaglobal.com/biologics/ 

http://mrem.bernama.com/viewsm.php?idm=48109

NORTHS COLLECTIVE PERSONALIZES OVER 61,000 MEMBERS' EXPERIENCES, EXPEDITES EXPANSION WITH BOOMI

^{Norths Collective Personalizes 61,000 Members’ Experiences, Expedites Expansion With Boomi (Graphic: Business Wire)}


NSW-based dynamic hospitality and fitness group uses Boomi to connect digital environment and set foundation for business analytics


SYDNEY, Feb 20 (Bernama-BUSINESS WIRE) -- Boomi™, the intelligent integration and automation leader, today announced that profit-for-purpose Norths Collective is using the Boomi platform to power personalized member experiences, bolster day-to-day operations, and accelerate expansion through industry amalgamation.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240219299165/en/

 

Norths Collective is a member-owned collective of eight hospitality venues and two fitness centers located on Sydney’s North Shore and in northern New South Wales. As a profit-for-purpose business, Norths Collective’s profits are channelled back to its members and the community, enabled by digital services. Norths Collective implemented Boomi’s integration platform as a service (iPaaS) to help drive its digital transformation strategy by allowing it to connect its siloed systems, centralize operational and member data, and ultimately improve business decision-making.

“This year will be the ‘year of enhancing integrations’ for Norths to build a business analytics practice that will enhance customer experience across our 61,000 strong member base. It will help us improve how we run our venues, ensure engagement is personalized to members’ needs, and make interacting with any of our venues and fitness centres as simple as possible,” said Robert Lopez, General Manager of Customer Experience Brand & Innovation at Norths Collective. “Achieving all this starts and ends with our integrations. Boomi is the oxygen that runs through our digital transformation, allowing us to tap all information sources to maintain a 360-degree view of customers, get smarter with data, and drive better business decisions.”

Boomi enables Norths Collective to integrate Salesforce with applications used for its hospitality venues and restaurants, fitness centers, ticketing and events bookings, point of sale, and crucially, membership program and a new mobile app. Most recently, Norths Collective integrated Tableau as part of its business analytics strategy, and plans to incorporate human resources (HR) and rostering, finance and accounting, supplier systems, enterprise risk management (ERM), telephony, and social media in the near future.

Before Boomi, Norths Collective manually managed numerous point-to-point integrations, although many systems operated completely independently. This roadblocked the company’s ability to understand members’ behaviours, and therefore slowed the delivery of new services.

Norths Collective’s Boomi-connected environment has generated various advantages. Every email sent to its members is now personalized, which has resulted in a 10 percent click-through jump. With complete data visibility, Norths Collective is able to develop and share an Ethical Personalization Policy with the community, detailing how the organization is using data ethically. In future plans, Norths Collective venues will see their floor managers able to visualize staffing with live transactions to ensure resources are used as efficiently as possible. Boomi will also support Norths Collective’s effort to integrate Apple Pay and Google Pay to further enhance and streamline member sign-up through a quick and easy payment experience.

Boomi also plays a key role in Norths Collective’s expansion by expediting how quickly new facilities can be onboarded following amalgamation activity. As it stands, Norths Collective has further amalgamations planned in coming years, where newly acquired members will be able to rapidly gain access to the same benefits enjoyed by those of the broader membership.

“Our ability to scale has improved astronomically. It previously took 10 weeks to onboard a new venue into our digital landscape,” said Lopez. “We have that down to three weeks – that’s a 70 percent reduction in time to market. Boomi allows formerly siloed systems to talk to Salesforce in real time, so data no longer lives in isolation, and through this real-time integration, new members have access to our app within one minute of joining.”

Nathan Gower, Director of Australia and New Zealand at Boomi, said, “Customer experience makes or breaks businesses. The quality of every interaction, whether in person, through an app, or online, determines the likelihood of consumers coming back. Norths Collective is setting a standard for what customer experience should look like. With Boomi connecting all digital touchpoints, the collective truly understands what its members want and has optimized its workforce to ensure members’ every visit is positive.”

Additional Resources

• Hear from our global customers
• Browse solutions on Boomi Discover
• Explore the Boomiverse Community
• Follow Boomi on X (Twitter), LinkedIn, Facebook, and YouTube

About Boomi

Boomi powers the future of business with intelligent integration and automation. As a category-leading, global software as a service (SaaS) company, Boomi celebrates more than 20,000 global customers and a worldwide network of 800 partners. Organizations turn to Boomi’s award-winning platform to connect their applications, data, and people to accelerate digital transformation. For more information, visit boomi.com.

© 2024 Boomi, LP. Boomi, the ‘B’ logo, and Boomiverse are trademarks of Boomi, LP or its subsidiaries or affiliates. All rights reserved. Other names or marks may be the trademarks of their respective owners.

View source version on businesswire.com: 
https://www.businesswire.com/news/home/20240219299165/en/

Contact

Media:
Jasmine Ee
Head of Influencer Relations, APJ
jasmine.ee@boomi.com 

Source : Boomi, LP