Menu

Blog posts November 2020

UAE Music Lovers Speak Out: Why Being Local Matters To Them

Dubai, United Arab Emirates-Wednesday 25 November 2020 [ AETOS Wire ]

We're happy to announce the 2nd installment of the “Why it matters to be Local” study conducted by Choueiri Group’s Data team in collaboration with @Anghami. 

The insights gathered will focus on Anghami's UAE listeners and their love for the music streaming platform. ​

As a melting pot of cultural diversity, the UAE’s ethnically varied population makes for a unique market in the region, where brands often struggle to build a strong emotional connection with their audience. The music industry, just like many others has also been striving hard to find its sweet spot (between local and global).

For more insights, click on the link to download the full report.

https://files.constantcontact.com/ec9b0320801/27022fbf-27eb-4208-b244-09c83b2e53db.pdf

About Digital Media Services (DMS):

Digital Media Services (DMS) was incorporated in 2010 as the official digital media arm of Choueiri Group. Today, the Company extends a premium portfolio of online / mobile offerings, which reach 140 million Unique Browsers, generate 1.2 Billion Page Views and serve over 3.8 billion ad impressions per month. Aligned with Choueiri Group’s commitment to and focus on digital, DMS received a brand makeover in April 2017, which expresses its unique strength as the true voice of independent publishers. DMS is headquartered in Dubai, with presence in key regional markets.

Contacts
Choueiri Group

Assad Jamil, +97144545454

ajamil.mr@choueirigroup.com  

 

Permalink : https://www.aetoswire.com/news/uae-music-lovers-speak-out-why-being-local-matters-to-them/en

Go Back

Vocera Smartbadge Named to TIME’s List of the 100 Best Inventions of 2020

SAN JOSE, Calif.-Sunday 22 November 2020 [ AETOS Wire ]

(BUSINESS WIRE) -- Vocera Communications, Inc. (NYSE:VCRA), a recognized leader in clinical communication and workflow solutions, today announced that the wearable Vocera Smartbadge has been named to TIME’s list of the 100 Best Inventions of 2020. Today, TIME revealed its annual list of the 100 Best Inventions that are making the world better, smarter, and even a bit more fun.

For 2020’s list, TIME solicited nominations both from its editors and correspondents around the world and through an online application process. It then evaluated them on factors including originality, effectiveness, ambition and impact. The results: everything from a smarter beehive to a greener tube of toothpaste to the technology that could catalyze a COVID-19 vaccine.

The award-winning Vocera Smartbadge enables hands-free communication and can be worn under personal protective equipment (PPE), minimizing the risk of contamination and helping preserve valuable PPE. A nurse, doctor, or care team member wearing a Smartbadge can initiate communication by simply saying, “OK, Vocera” followed by simple voice commands, like “call infection control team” or “call the emergency response team.” Clinicians can connect and communicate with the right person or group quickly and safely, saving critical time and resources. By simply saying a name, role or team, healthcare workers can collaborate completely hands-free, even in isolation, while scrubbed in, or wearing surgical gloves. During the coronavirus pandemic, hands-free communication technology for hospital workers is a lifeline to reach help and access resources without introducing the risk of infection.

The intelligent and durable Smartbadge was purpose-built for healthcare and integrates with more than 150 clinical and operational systems, including electronic health records, nurse call systems, physiologic monitors and more. A new category of wearable communication, the device combines the hands-free calling capability of the Vocera Badge with smartphone functionality to provide meaningful, real-time information to mobile workers. The device’s 2.4” touchscreen enables clinicians to receive prioritized clinical events, read notifications with patient context, and send secure text messages, to accelerate care and improve patient safety. Additionally, the Smartbadge has a dedicated, one-touch panic button so healthcare staff can get help quickly in emergency situations.

“It is an honor to see the Vocera Smartbadge on the TIME Best Inventions list, especially this year, when it is so important to keep healthcare workers safe while they care for patients during the pandemic,” said Brent Lang, chairman and CEO at Vocera. “Hands-free communication is critical for nurses, doctors, and other care team members to do their jobs, and 2020 has magnified how essential it is for the well-being of healthcare professionals on the frontlines.”

About Vocera

The mission of Vocera Communications, Inc. is to simplify and improve the lives of healthcare professionals, patients, and families while enabling hospitals to enhance quality of care and operational efficiency and humanize the healthcare experience. In 2000, when the company was founded, we began to forever change the way care teams communicate. Today, Vocera offers the leading platform for improving clinical communication and workflow. More than 2,100 facilities worldwide, including nearly 1,700 hospitals and healthcare facilities, have selected our solutions. Care team members use our solutions to communicate and collaborate with co-workers by securely texting or calling, and to be notified of important alerts and alarms. They can choose the right device for their role or task, including smartphones or our hands-free, wearable Vocera Smartbadge and Vocera Badge. They can create a richer, more human connection for patients and their loved ones before, during, and after care using Vocera Ease applications. Interoperability between the Vocera Platform and more than 150 clinical and operational systems helps reduce alarm fatigue; speed up staff response times; and improve patient care, safety, and experience. In addition to healthcare, Vocera solutions are found in luxury hotels, aged care facilities, retail stores, schools, power facilities, libraries, and more. Vocera solutions make mobile workers safer and more effective by enabling them to connect instantly with other people and access resources or information quickly. Vocera has made the list of Forbes 100 Most Trustworthy Companies in America. Learn more at www.vocera.com, and follow @VoceraComm and @VoceraEase on Twitter.

Vocera® and the Vocera logo are trademarks of Vocera Communications, Inc. registered in the United States and other jurisdictions. All other trademarks appearing in this release are the property of their respective owners.

View source version on businesswire.com: https://www.businesswire.com/news/home/20201119005863/en/

Contacts
Shanna Hearon
Vocera Communications, Inc.
669.999.3368
shearon@vocera.com


Permalink : https://www.aetoswire.com/news/vocera-smartbadge-named-to-timersquos-list-of-the-100-best-inventions-of-2020/en

Go Back

Bots answer over 62% of customer queries satisfactorily in a post-Covid world, reveals Verloop.io study

 

DUBAI, United Arab Emirates-Thursday 19 November 2020 [ AETOS Wire ]

Bots have been satisfactorily answering 62 per cent of customer queries in the e-commerce industry, reveals a new study conducted by the world’s leading customer support automation platform Verloop.io. This study becomes significant as it highlights the steady growth in the number of online transactions since the emergence of Covid in the world.  

The survey analyzed 1.8 million queries from 35 brands across the Middle East, South-East Asia and India to understand the average metrics that an e-commerce company should monitor to provide the required quality of customer service.

Commenting on the study results, Gaurav Singh, Founder & CEO of Verloop.io, said, “Consumers will no longer tolerate sub-par digital support experiences as they may have before the crisis. Retailers have to ensure their brand is ready to provide consistent, instant, and accurate support experiences across devices and channels. Automation is providing customer support teams with the ability to handle large numbers of queries in accelerated time.”

“Most e-commerce companies have been shifting to bots to complete orders and handle the myriad customer queries they receive. E-commerce companies are dealing with impatient customers who demand service response as soon as possible,” he added.

One such metric is Bot Deflection Rate, which is the rate that automated and self-help resources satisfy service demand (measured in the number of chats) that would otherwise require human intervention. This includes cases of cancellation, refunds, shipment, cancel status requests, and more.

Bot Deflection Rate

                                                                                                                (number of chats)

Category
                                                                                                                                  

Pre-COVID (January to March)
                                                                                                                            

Post-COVID (April to September)

Fashion & Beauty
                                                                                                                                  

47%
                                                                                                                            

60%

Marketplace
                                                                                                                                  

54%
                                                                                                                            

65%

Apparel
                                                                                                                                  

59%
                                                                                                                            

66%

The research paper by Verloop.io also points out that the average handling time of queries has also come down across the e-commerce industry; however, as indicated below, the most drastic change is observed in the fashion and beauty industry where the average handling time came down to 26 minutes after the pandemic, as compared to 131 minutes earlier.

Average Handling Time (AHT)

                                                                                                     (in minutes)

Category
                                                                                                                                              

Pre-COVID (January to March)  
                                                                                                                                        

Post-COVID (April to September)

Fashion & Beauty
                                                                                                                                              

131
                                                                                                                                        

26

Marketplace
                                                                                                                                              

76
                                                                                                                                        

26

Apparel
                                                                                                                                              

137
                                                                                                                                        

89

As a result of improved time and efforts spent on responding to customer queries, another benchmark referred to as Customer Satisfaction Score (CSAT) has gone up in the post-Covid world.

“CSAT helps determine a customer’s level of satisfaction at key interaction times, such as the moment of purchase, the onboarding process, a support ticket exchange, and a phone or digital conversation with customer service,” the research report said. The average CSAT scores across the e-commerce industry are at 4.18, as per the detailed internal research by Verloop.io.

Customer Satisfaction Score (CSAT)        

Category
                                                                                                                                                    

Pre-COVID (January to March)
                                                                                                                                                    

Post-COVID (April to September)

Fashion & Beauty
                                                                                                                                                    

2.7
                                                                                                                                                    

4.2

Marketplace
                                                                                                                                                    

3.13
                                                                                                                                                    

4.6

Apparel
                                                                                                                                                    

2.9
                                                                                                                                                    

4.1

As per the research report, several automated processes can improve all the benchmarks, as mentioned above, even more effectively.

    Proactive Omnichannel Support: Presence across multiple channels, be it WhatsApp, Web, Facebook, or In-App, to continually engage with customers.

    Personalized and Quick Replies: E-commerce companies should Invest in building a unified customer profile their agents and bots can pull data instantly and provide accurate responses.

    Seamless HandOver: Bots cannot solve all queries; hence e-commerce companies should build support systems that can leverage the best of AI and combine it with human agents to handle complex queries.

    Supervised and Unsupervised Learning: NLP powered automation improves vocabulary that can help chatbots understand complex customer intent through supervised and unsupervised learning.

    Build-For-Intent Detection: Automation should be developed for broad intent coverage. A bot that can answer only a specialized set of questions will need to escalate to a human agent much more often.

Verloop.io enables businesses to automate customer support across channels and has processed over two billion queries from customers across its clients, with over 100 million unique users with a 92 per cent support query deflection and can automate up to 60 per cent within 30 days. The startup company has grown by 200 per cent (ARR) over the last two years.

 

About Verloop.io:

Verloop.io is the world's leading customer support automation platform that enables businesses to deliver delightful support experiences to their customers across channels. Verloop.io helps brands securely, effortlessly, and accurately scale up their customer support and is used by over 5,000 brands globally, including Decathlon, Cleartrip, Dar Al Arkan, Fetchr, Livpure, Adani Capital, DSP Mutual Fund, Rentomojo, Scripbox and many more. Verloop.io was founded by Gaurav Singh in 2015 and is promoted by GrowthStory, the venture-builder platform founded by serial entrepreneurs K. Ganesh and Meena Ganesh. For more information, visit Verloop.io or follow them on LinkedIn and Twitter.

Contacts

Rasheed Palliyalil

Watermelon Communications

Dubai, UAE

Tel: +97142833655

rasheed@watermelonme.com

 

Permalink : https://www.aetoswire.com/news/bots-answer-over-62-of-customer-queries-satisfactorily-in-a-post-covid-world-reveals-verloopio-study/en

Go Back

AMGTA Publishes First Research Paper on Sustainability in Additive Manufacturing

Systematic review highlights importance of component end use, need for more research


HOLLYWOOD, Fla.-Wednesday 18 November 2020 [ AETOS Wire ]

(BUSINESS WIRE) -- The Additive Manufacturer Green Trade Association (AMGTA), a global trade group created to foster and promote the environmental benefits of additive manufacturing (AM), announced today the publication of its first commissioned university research project, a literature-based systematic review of the environmental benefits of metal AM. The paper, titled, “State of Knowledge on the Environmental Impacts of Metal Additive Manufacturing” was written by Dr. Jeremy Faludi from Delft University of Technology and Corrie Van Sice from Dartmouth College.

According to its authors, the report “synthesizes existing academic literature comparing the environmental impacts of metal AM with conventional manufacturing methods, and provides context with impacts of common metals and processing methods found in a materials database.” Its goal “is to summarize current knowledge and identify areas where information is sparse, unclear, and much needed.” The full paper is available to AMGTA member companies, other industry stakeholders, and the general public on the AMGTA website at: https://www.amgta.org/resources/.

Key takeaways from the report include that, while “AM generally has much higher carbon footprints per kg of material processed than CM [conventional manufacturing] when considering the direct manufacturing process itself”, but “impacts depend greatly on part geometry—a solid cube will be much lower impact to produce by machining, while a hollow shell or lattice can be lower impact to produce by AM.” The report further recognizes the need for additional life cycle assessment (LCA) studies to quantify environmental impacts: “More LCA studies are necessary to definitively compare metal AM to CM; especially direct comparisons of AM to machining, and especially for technologies such as binder jetting and DED. These LCAs should ideally also include more of the product life cycle.”

“We were pleased to work with Dr. Faludi and Ms. Van Sice on this study,” said Sherry Handel, the Executive Director of the AMGTA. “No one should expect metal AM to be a more sustainable way to manufacture basic metal parts given the focused energy inherent in laser melting, but AM should present a more sustainable course for manufacturing finished precision components.” Ms. Handel continued, “These findings validate the AMGTA’s plans to provide the industry with rigorous, independent, and ongoing research. The AMGTA will continue to commission studies and publish research findings in an effort to update the industry and other key stakeholders on what our eco-footprint is now and what we will need to focus on in the future to be more sustainable.”

About the Researchers

Jeremy Faludi, Ph.D., a leading sustainable engineering researcher, was selected by the AMGTA to oversee this project. Dr. Faludi is assistant professor of design engineering at Delft University of Technology, where he specializes in sustainable design methods and green 3D printing, and adjunct faculty of engineering at the Thayer School of Engineering at Dartmouth College. Dr. Faludi earned a Ph.D. in Mechanical Engineering at University of California Berkeley, a Master of Engineering in Product Design at Stanford University, and a B.A. in Physics from Reed College.

Corrie Van Sice was a senior research engineer at the Faludi Lab at the Thayer School of Engineering, Dartmouth College. Ms. Van Sice managed the Green 3D Printing Lab and assessed AM techniques to define best practices for sustainability in the industry. Before joining the Faludi Lab, she was the lead Materials and Processes R&D Engineer at MakerBot Industries in Brooklyn, NY where she developed and scaled print material manufacturing. Ms. Van Sice earned a Master of Professional Studies from the Interactive Telecommunications Program at New York University in 2011.

About AMGTA

The AMGTA was launched in November 2019 to promote the environmental benefits of additive manufacturing (AM) over traditional methods of manufacturing. The AMGTA is a non-commercial, unaffiliated organization open to any additive manufacturer or industry stakeholder that meets certain criteria relating to sustainability of production or process.

Founding Members of the AMGTA include Sintavia, LLC, a leading additive manufacturer focused on the aerospace, defense, and space industry; Taiyo Nippon Sanso Corporation (one of the operating companies under Nippon Sanso Holdings Corporation), a supplier of stable industrial gases to a wide variety of global industries; and QC Laboratories, Inc., an industrial and commercial non-destructive testing laboratory focused on AM components.

Participating Members of the AMGTA include AMEXCI AB, Danish AM Hub, EOS, GE Additive, Materialise, National Manufacturing Institute Scotland, Siemens Digital Industries Software, SLM Solutions Inc., and Stryker.

View source version on businesswire.com: https://www.businesswire.com/news/home/20201117005440/en/

Contacts
Sherry Handel
+1 954.308.0888
www.amgta.org


Permalink : https://www.aetoswire.com/news/amgta-publishes-first-research-paper-on-sustainability-in-additive-manufacturing/en

Go Back

Hillstone Networks Recognized for the 7th Time in the Magic Quadrant for Network Firewalls

SANTA CLARA, Calif.-Tuesday 17 November 2020 [ AETOS Wire ]

(BUSINESS WIRE)-- Hillstone Networks, a leading provider of Enterprise Network Security and Risk Management solutions, announces it was positioned highest for ability to execute in the Niche Player’s quadrant in the Gartner Magic Quadrant for Network Firewalls.

“They say practice makes perfect,” said Tim Liu, CTO and Co-Founder of Hillstone Networks. “We have been positioned in the Magic Quadrant for Network Firewalls 7 years in a row (2 years in a row for the related Critical Capabilities report). We think it is our unwavering and underlying commitment to deliver on the promise of standing with our clients in defense of their network that helped us be included.”

Hillstone’s robust portfolio addresses a variety of uses cases and deployment scenarios, network security based on micro-segmentation technology, and a relentless strategy that has centered around cloud from the onset.

Hillstone Intelligent Breach Prevention solution, including Hillstone iNGFW and sBDS, deliver a full, lifecycle-based threat prevention solution that defends advanced threats, protects critical assets, and shortens the time between compromise and detection.

Hillstone Data Center Protection solution, including Hillstone Data Center NGFW and Micro-segmentation solution CloudHive, provide complete L2~L7 security protection and guarantee business continuity for modern data centers.

Hillstone Secure SD-WAN solution, helps multi-branch organizations quickly deploy a secure VPN network, anywhere, to improve user experience without compromising security posture.

With over 18,000 enterprises protected today by Hillstone solutions, we believe it is clear why clients choose, and why we are acknowledged.

*: Gartner, Magic Quadrant for Network Firewalls, Rajpreet Kaur, Adam Hils, Jeremy D’Hoinne, 9 November 2020

Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

About Hillstone Networks

Hillstone Networks’ Enterprise Network Security and Risk Management solutions provide visibility, intelligence, and protection to ensure enterprises can comprehensively see, thoroughly understand, and rapidly act against cyber-threats. Recognized by leading analysts and trusted by global enterprises, Hillstone’s solutions cover the enterprise from edge to cloud while improving total-cost-of-ownership. To learn more visit www.hillstonenet.com.

Contacts
Zeyao Hu
Marketing Manager
inquiry@hillstonenet.com


Permalink : https://www.aetoswire.com/news/hillstone-networks-recognized-for-the-7th-time-in-the-magic-quadrant-for-network-firewalls/en

Go Back

Visa Expands Fast Track Program to Enable Next Generation of Fintechs to Rebuild the Global Economy

Visa adds new Partner Toolkit and Visa Ready Fintech Enabler certification to Fast Track program

Fast Track program grows 360% year-over-year, supports accelerating industries including digital wallets, financial inclusion, business-to-business (B2B) and digital currency payments

SAN FRANCISCO-Thursday 19 November 2020 [ AETOS Wire ]

(BUSINESS WIRE)-- The COVID-19 pandemic has created major financial challenges for businesses and consumers alike. As money management becomes increasingly digital, fintechs play a pivotal role in helping to restore and rebuild the global economy. To provide increased support for the ecosystem, Visa (NYSE: V) today announced two new components of its fintech Fast Track program:

1. A rich Partner Toolkit to help fintechs accelerate their growth and better serve their customers.

2. A certification program called Visa Ready for Fintech Enablers, which makes it easier for fintechs to quickly connect with certified1 partners for digital issuance and other key services.

Fintech leaders around the world are increasingly choosing to work with Visa across key categories including digital wallets, digital banking, ‘Buy Now, Pay Later’, B2B payments, cross-border remittance, bill payments, payments infrastructure, and person-to-person payments. Recent examples of fintechs partnering with Visa include Affirm, BillGO, Finix, Gojek, PayPal, Rappi, Stripe, Varo Bank, and Venmo, among many others.

With the expansion of Visa’s industry leading Fast Track program, fintechs are armed with the tools to become category winners. Fast Track participation has grown 360% year-over-year, and Visa has welcomed hundreds of fintechs2 who are actively engaged in the program.

“It’s thrilling to see fintech partners utilize our programs and network to digitize financial services and improve the lives of the consumers and businesses they touch,” said Terry Angelos, SVP and Global Head of Fintech, Visa. “Through the Fast Track program, we’re providing fintechs with a simple set of tools to bring their products to life. The resources we provide, such as online licensing and card design, have helped make Fast Track the leading program for fintechs.”

Introducing the Fast Track Partner Toolkit

Visa has introduced a Fast Track Partner Toolkit designed specifically for fintech partners who onboard with the program. The toolkit was created to accelerate a company’s growth and provides extraordinary access to Visa’s experts in strategy, marketing, design, risk management, and more. Through the toolkit, partners can leverage educational resources like payments boot camps to help upskill a company’s knowledge of the industry, tap into key strategic resources to craft customized benchmarking studies and utilize Visa’s online card design tools to help build and launch a card into market quickly.

Powering the Digital Issuance Journey with Visa Ready

Visa Ready certification for “Fintech Enablers” is designed to help technology companies build and launch payment solutions that meet Visa's global standards around security and functionality. These companies are in turn helping fintechs around the world build their own products by providing the solutions and expertise they need to get up and running.

Available today, Visa Ready for Fintech Enablers establishes a certified ecosystem of partners who are experts in the capabilities fintechs need to launch and operate products effectively on the Visa network. Recently, the Visa Ready program has added new partners from across the globe— from Sao Paulo to Singapore. New certified processing partners include BPC Radar Payments (Global), Conductor (LAC), FIS (Global), Global Processing Services (GPS) (Global), i2c (Global), Marqeta (Global), and NovoPayment (LAC, NA). Similarly, Visa has certified BIN sponsors across the world that help stand up programs for fintechs including Dock (LAC), Nium (APAC, EU), Railsbank (APAC, EU) and Sutton Bank (NA).

Fast Track Experiences

Of the hundreds of global companies now part of the program, some of the most recent innovators to join Fast Track include:

Digital Wallets: Working with companies like Careem Pay, LINE Pay, Nubi, Paga, PalmPay, Razer, and Vipps, Visa is expanding access to digital payments by meeting evolving consumer preferences for managing their money – and transforming some formerly closed-loop systems limited to certain geographies or functionalities into open ones, giving users greater choice, security and utility.

Advancing Financial Inclusion and Social Impact: Ensuring that consumers and businesses in all parts of the world have access to the financial tools and products to improve their lives is core to Visa’s mission. Companies like CapWay are helping to bring underrepresented communities access to digital payments, while Cuenca provides free accounts that can be opened in under 5 minutes. Daylight is a digital banking platform focused on improving the financial lives of the 30M+ LGBT+ in the U.S. and the first fintech in the U.S. to focus specifically on the LGBT+ community. MPOWER Financing and X1 are pioneering new methods of extending credit to demographics like undergrads and international students. SoLo Funds aims to provide affordable loans for Americans who live paycheck to paycheck, and Tomorrow aims to bring change to the mobile banking sector through its commitment to climate protection, sustainability and economic change.

B2B Payments: Visa is transforming B2B payments, a segment that represents $120 trillion in opportunity3, in its work with Fast Track members in every corner of the world, including: Airwallex, Checkbook.io, GMO-Payment Gateway, Konfio, and Payhawk.

Digital Currency Advancement: Visa is working closely with companies like BlockFi, Crypto.com, eToro Money, Fold, Ternio.io, Zap and ZenGo to connect digital currencies and its existing network of 61 million merchants.

New Enablement Partners: Fast Track is made possible due to collaborations with enablement partners who lay the foundation for fintechs to build their products. Announced today, Galileo, i2c, and Peoples Trust, are becoming part of Fast Track in Canada, joining a class of over 25 enablement partners around the world. From LAC, Visa has new partners like Cacao that offer BIN sponsorship, issuer processing, and program management.

Comments from Partners:

“Today's digitally-savvy businesses and consumers expect a modern and centralized experience when managing and paying bills — a process that's been locked in the past with inefficient systems,” said Mike Pinto, EVP Enterprise Alliances & Product, BillGO. “When it comes to paying bills, everyone expects instantaneous payments and with Visa we are further extending our ability to offer real-time frictionless bill pay.”

"The mission behind CapWay has always been to provide more financial opportunity, access, and education, particularly for those who have been underserved and overlooked by the traditional banking system,” said Sheena Allen, CEO, CapWay. “We knew Visa was the right partner for our team for reasons outside of the fact that they provide the technology and payments prowess. More importantly, we share the same commitment to social impact that underpins the work we do each day at CapWay, and they have been fully supportive in our work to provide a solution as we are entering a predominately cashless economy.”

“Becoming part of programs like Fast Track and Visa Ready has allowed us to connect with new companies in the ecosystem and help them realize their product visions without compromise,” said Amir Wain, CEO and Founder, i2c. “It’s clear that these programs were built to meet the specific needs of today’s fintechs both large and small and will help everyone in the ecosystem thrive with the tools and partners needed to get to market as quickly, and easily as possible.”

“Giving everyone choice in how and where they pay is essential to our mission of providing people and businesses around the world with access to simple, secure and reliable digital payments,” said Jim Magats, SVP Omni Payments, PayPal. “We’re excited to be partnering with Visa to advance the future of digital payments and help even more customers get faster access to their funds.”

"2021 will be a year when Rappi builds even more opportunities for couriers (Rappitenderos), restaurant partners and small businesses. We face a lot of challenges ahead, but through collaboration, entrepreneurship and technology, we're going to get through them and create progress in our region,” said Simon Borrero, CEO and co-founder, Rappi. "Working with a partner like Visa has been key for us in creating new opportunities across financial services for our partners and users. Visa technology is one of the most recognized in the world and we are proud to be able to have their support as a trusted brand in the markets where we have our digital wallet, as it is only the first step to raise the standard of financial services in Latin America and the Caribbean."

"This is a difficult time for millions of consumers and their communities,” said Colin Walsh, CEO, Varo Bank. “We are proud to be working with partners like Visa to ensure our customers have fast, secure access to their money, and safer payment options like tap-to-pay and mobile wallets, as well as a shared commitment to innovation that will power the future of banking.”

“Today, the ability to pay digitally is no longer just a convenience but a necessity and with Vipps being the leading digital wallet in Norway, reaching 3.8 million users, we are core to ensuring citizens are able to send, pay and receive money at the touch of a button,” said Rune Garborg, CEO, Vipps. “With Visa, we are enabling issuing banks to offer smarter and simplified digital payment services to their customers in Europe and beyond. Together with Visa, we are able to leverage our joint expertise, and experience to give consumers and businesses access to secure, digital commerce, regardless of where they live or what mobile device they have.”

For more information on Visa programs and resources built for the fintech community, visit here.

About Visa Inc.

Visa Inc. (NYSE: V) is the world’s leader in digital payments. Our mission is to connect the world through the most innovative, reliable and secure payment network - enabling individuals, businesses and economies to thrive. Our advanced global processing network, VisaNet, provides secure and reliable payments around the world, and is capable of handling more than 65,000 transaction messages a second. The company’s relentless focus on innovation is a catalyst for the rapid growth of digital commerce on any device for everyone, everywhere. As the world moves from analog to digital, Visa is applying our brand, products, people, network and scale to reshape the future of commerce. For more information, visit About Visa, visa.com/blog and @VisaNews.

1 Visa Ready partners are vetted and certified based on a specific set of criteria including, but not limited to, their ability to support digital issuance, ability to support multi-tenant architecture and ability to manage risk, among other capabilities.
2 Visa Fast Track Global Data, September 2020
3 Visa Q4 2020 Earnings Call Transcript

View source version on businesswire.com: https://www.businesswire.com/news/home/20201118005362/en/

Contacts
Visa Inc.
Caylah Novak
cnovak@visa.com
831-431-3454


Permalink : https://www.aetoswire.com/news/visa-expands-fast-track-program-to-enable-next-generation-of-fintechs-to-rebuild-the-global-economy/en

Go Back

Marketlend Expands Asia Division Appointing Andrew Ross

SYDNEY-Tuesday 17 November 2020 [ AETOS Wire ]

(BUSINESS WIRE)-- Marketlend, Australia’s leading marketplace trade credit platform, has welcomed Andrew Ross to lead origination and insurance endeavours for Marketlend throughout Asia, and assist Marketlend to expand its presence in trade commodities, insured backed discounted trade credit, and distressed debt

With international trade credit underwriting experience spanning three decades, Ross started his career in looking after European export markets for Trade Indemnity before going on to work for QBE in both Australia and Hong Kong, initially in domestic underwriting, and then as head of the North Asia division. In 2015 Ross headed up the Global client’s division at Coface, before joining Bond & Credit in 2017 to start their international business.

Leo Tyndall, Marketlend CEO and Founder comments, “Andy’s remarkable track record makes him a critical part of our expansion in Asia and I’m excited to welcome Andy on board as we continue to go from strength to strength. Due to the high demand of Marketlend’s insured trade receivables lending offerings throughout Asia, Andy will be instrument to assisting in origination and insurance development plans throughout Asia.”

Ross adds, “I’m thrilled to be joining Marketlend at such a pivotal time and look forward to continuing current negotiations with numerous financiers to assist them in the reduction of trade credit exposure within Asia, the Middle East and Oceana.”

For more information, visit www.marketlend.com.au and https://unlockb2b.com/.

About Marketlend:

Marketlend is Australia’s leading marketplace trade credit platform, offering working capital solutions for SMEs. The company provides supply chain finance, debtor finance and line of credit products to borrowers, with a quick turnaround and competitive rates. Marketlend securitises each trade credit facility from inception and delivers an investment that is accompanied by individualised trade credit risk protection enhancements. Founded in 2014, Marketlend is committed to creating a business world where obstacles to financial transparency, fairness, high returns and efficiency are vanquished.

View source version on businesswire.com: https://www.businesswire.com/news/home/20201116005356/en/

Contacts
For further information, media enquiries or interviews with Leo Tyndall, CEO, Marketlend: Tim Harwood | Marketlend | timothy1@marketlend.com.au | 02 8006 6798

 

Permalink : https://www.aetoswire.com/news/marketlend-expands-asia-division-appointing-andrew-ross/en

Go Back

CHTF2020 China Hi-Tech Forum Gathers Global Scientists and Executives in Shenzhen

SHENZHEN, China-Saturday 14 November 2020 [ AETOS Wire ]

(BUSINESS WIRE) -- The China Hi-Tech Forum, as an integral part of the ongoing 22nd China Hi-Tech Fair opened on November 11 to present several themed forums in three days, including the "Opening Forum", the "New Era, New Technology and New Economy" forum, the "Emerging Technologies Shaping the World" forum and the “Innovation Leads Future” forum.

View the forums and activities online: http://cis.chtf.com/OnlinePCEN/#/Active

The China Hi-Tech Forum invited Chinese and international academicians, well-known scholars, and senior executives to make multiple rounds of discussions ranging from vision strategy to practical experience.

Opening Forum

Focusing on the topic "New Structure, Challenges and Opportunities under the Impact of the Pandemic", Academician Wu Hequan delivered a keynote speech entitled "Internet Technology in 14th Five-Year Plan”. Focusing on “Cooperative Innovation, Development and Win-win", Zheng Yelai, Vice President of Huawei, delivered a speech "Innovation · Inclusiveness, Technology Empowers Smart Upgrade".

“New Era, New Technology and New Economy” forum

Centered on "Development Driven by New Wave of Infrastructure", academicians of the US Academy of Engineering and senior executives from China First Heavy Machinery Group Corporation, New Development Bank, etc. gave keynote speeches and round-table dialogues on how to generate more opportunities with the new wave of infrastructure, and whether it can reshape the economic structure and production relations.

“Emerging Technologies Shaping the World” forum

Discussions were focused on "Hello 2030", "AI+: Computing Power, Cognition and Deep Learning", "Future Communication Technology", "Acceleration and Breakthrough in Life Science", and "Space Economy and Civil Aerospace". Rohit Talva, well-known futurist; Ma Qin, Senior Economist of the World Bank; Xie Dong, Vice President of IBM, and chairman of the World Federation of Engineering Organizations (WFEO) shared their visions on the emerging technologies most likely to lead industry reforms and change the world in the next ten years.

“Innovation Leads Future” forum

The two major topics were "Future Work in Post-pandemic Era" and "Future Life in Post-epidemic Era". Heavyweight guests including Xue Wei, CEO of Fujitsu (China), Liu Min, Vice President of Bosch China, Zhang Chao, General Manager of SAP China, and Wu Junhua, Vice President of iFlytek discussed the Internet of everything, smart manufacturing, industrial Internet, flexible manufacturing, remote work and enterprise digitalization.

View source version on businesswire.com: https://www.businesswire.com/news/home/20201113005468/en/

Contacts
Ms. Peggie Wang
China Hi-Tech Fair Organizing Committee Office
Tel.: +86-755-82848962,
wangyq@chtf.com, 654333235@qq.com


Permalink : https://www.aetoswire.com/news/chtf2020-china-hi-tech-forum-gathers-global-scientists-and-executives-in-shenzhen/en

Go Back

Chinagoods Platform, the Official Website of Yiwu Market, Makes Trade Easier

YIWU, China-Saturday 14 November 2020 [ AETOS Wire ]

(BUSINESS WIRE) -- The official website of Yiwu market --www.chinagoods.com was officially launched on October 21st. Chinagoods platform is developed and operated by Yiwu China Commodities City as well as serving 2 million small and micro enterprises in the upstream of the industrial chain with the resource of 75,000 physical shops in Yiwu market. Since the start of online testing in April this year, the platform has been settled in more than 50,000 merchants and more than 500,000 registered purchasers.

Chinagoods platform is data-driven and connects the supply and demand sides in production design, exhibition and transaction, logistics warehousing, financial credit and other aspects. It integrates online services, online exhibition and transactions, convenient customs clearance, information logistics, digital warehousing, global supply chain services, credit data collection and application, supply chain financial empowerment and other functions to build a frame system of “market entity + business platform + service platform + infrastructure”, which provides accurate, efficient and convenient integrated market trade services.

Chinagoods platform is originated from the trend of digital transformation of Yiwu Commodities City. Based on the mature offline market operation system, it opens a new chapter of market development by focusing on giving full play to the overall resource advantages of Yiwu Commodities Market, integrating the industry chain in a transparent and efficient way and endowing the traditional market trade with new forms and connotations to bring a bright future for the business development of Yiwu through a new format of digital trade.

Official website of Yiwu market: www.chinagoods.com

View source version on businesswire.com: https://www.businesswire.com/news/home/20201113005732/en/

Contacts
Ziyu Yan
Email: 706955815@qq.com


Permalink : https://www.aetoswire.com/news/chinagoods-platform-the-official-website-of-yiwu-market-makes-trade-easier/en

Go Back

CHTF2020 Opens in Shenzhen China to Showcase Global Pioneering Technologies and Discuss Future High-tech Trends

SHENZHEN, China-Thursday 12 November 2020 [ AETOS Wire ]

(BUSINESS WIRE) -- The 22nd High-Tech Fair (CHTF2020) kicked off at the Shenzhen Convention and Exhibition Center in Guangdong, China on November 11, 2020. The opening ceremony was attended by academicians of the Chinese Academy of Engineering, global scientists, as well as consuls of Belgium, Austria, Spain, and Poland in China.

With a 140,000m2 exhibition area, the five-day event will gather 3,300 domestic and overseas exhibitors, and present more than 140 activities. The exhibition covers various high-tech fields, including IT, energy conservation, environmental protection, building technology, new energy, new materials, smart medical care, aerospace, optoelectronic display, smart city, and advanced manufacturing. In addition, China High-Tech Forum will be held concurrently, sharing insights of world experts and the latest trends in high-tech development.

At the fair, visitors are dazzled by a large number of innovative high-tech products, such as the glass-based MiniLED that can greatly improve the display effect of LCD products, Corerain’s CAISA chip that can become an important engine in the smart era, and the graphene-reinforced composite coating that can promote the industrial application of new materials. Among them, 69 products were rated as "CHTF2020 Excellent Innovative Products".

In addition, many overseas exhibitors are eye-catching. The Russian delegation brought 17 exhibitors, including Kuzbass State Technical University and Russia Research Institute of Complex Problems of Cardiovascular Disease, to display core technologies involving radio science, 3D printing, nanomaterial, complex cardiovascular diseases, and clean energy.

The Brazilian delegation, participating in the fair for the first time, brought 29 high-tech companies to the online exhibition. They showcased their latest agricultural technologies such as the innovative sugarcane planting system, as well as digital communications, and more.

The China High-Tech Forum, as an integral part of CHTF2020, consists of multiple theme forums such as "New Era, Technology and Economy" and "Emerging Technologies Shaping the World". Academicians, top scientists and economists, as well as senior executives from well-known companies such as IBM, Huawei, Bosch, Fujitsu, Cisco, and China Mobile, delivered speeches and shared insights at the forum, focusing on technological innovation, win-win development, and post-pandemic development mode, etc.

View source version on businesswire.com: https://www.businesswire.com/news/home/20201111005685/en/

Contacts
Ms. Peggie Wang
China Hi-Tech Fair Organizing Committee Office
Tel.: +86-755-82848962,
wangyq@chtf.com, 654333235@qq.com

 

Permalink : https://www.aetoswire.com/news/chtf2020-opens-in-shenzhen-china-to-showcase-global-pioneering-technologies-and-discuss-future-high-tech-trends/en

Go Back

Associative Design showcases ‘The Best of Portugal’ in Dubai Design Week 2020

The Portugal design body showcases new designs from seventeen luxury furniture brands at Retail Unit 2, Building 6 of Dubai Design District (d3)


Dubai, United Arab Emirates-Wednesday 11 November 2020 [ AETOS Wire ]

Associative Design, created by the Portuguese Association of Wood and Furniture Industries (AIMMP), will showcase ‘The Best of Portugal’ exhibition in Dubai Design Week 2020. The Portugal design body showcases new designs from seventeen luxury furniture brands at Retail Unit 2, Building 6 of d3.

Associative Design promotes Portuguese brands and products globally, and also pitches in design works in the use of both technology and design.

Dedicated to the global design community, the d3 caters to startups, entrepreneurs and established international design, luxury and fashion brands. The Design Week 2020, being held from November 9 to 14 at the d3, is the region's largest creative festival with a focus on supporting the creative community.

Commenting on the participation, Mr. Vítor Poças, President of the AIMMP, said, “Its an extremely important opportunity for Portuguese design to be present in this event as UAE is a blooming market for the home sector exports.”

The showcase incorporates new designs from seventeen luxury furniture brands: Achillesince1905, AROUNDtheTREE, CREATIVEMARY, Castro Wood Floors, DE FONTES, FERREIRA DE SÁ RUGS, GLOBALDIS, S.A., Homel Design Furniture, João Bruno Design, JSC Technology, Magyk Art Image, Malabar, Mamoa, Molaflex, Nauu Design, Ottiu, Vista Alegre, X8 Solutions Group.

Dubai Design Week is known as the best platform for regional design and a catalyst for the growth and support of the creative community in Dubai and the UAE. The exhibition provides a dynamic environment where design meets opportunity and encourages economic diversity and cross disciplinary collaboration. The festival’s varied programme covers a range of design disciplines including architecture, product design, interiors, multimedia and graphic design.

 

About Associative Design

Associative Design is a brand by the Portuguese Association of Wood and Furniture Industries (AIMMP). It aims to develop and promote the production of Portuguese products and launch challenges that will contribute to innovation in the use of both technology and design.

A brand of excellence, Associative Design will support, represent and promote companies that share this vision, taking their products further into exciting new markets. www.associativedesign.com

Contacts
Rasheed Palliyalil

3rd Floor Public Relations

Dubai World Central

E: rasheed@the3floor.ae

Tel: 052-9817001

www.the3floor.ae

 

Permalink : https://www.aetoswire.com/news/associative-design-showcases-lshe-best-of-portugalrsquo-in-dubai-design-week-2020/en

Go Back

Abou Dhabi inaugure un centre mondial pionnier en matière de recherche sur les technologies avancées

 L’Institut d’innovation et de technologie a pour objectif de fournir des découvertes scientifiques et des technologies de pointe ayant un impact mondial

Les sept premiers centres spécialisés dans l'innovation en matière de R&D disposerons d’installations de recherche de classe mondiale

Abou Dhabi, Émirats arabes unis-Mardi 10 Novembre 2020 [ AETOS Wire ]

Abou Dhabi a inauguré le  Technology Innovation Institute (TII), un centre mondial pionnier en matière de recherche en technologies de pointe, qui s’est engagé à renforcer le statut d'Abou Dhabi et des Émirats arabes unis  en tant que centre mondial de l'innovation et des technologies avancées.

 L’institut est le pilier de la recherche appliquée du Conseil de recherche sur les technologies avancées (ATRC), qui a été récemment créé pour définir les priorités de recherche et de développement (R&D) à Abou Dhabi.

Il vise à fournir des découvertes scientifiques et des technologies de pointe qui ont un impact mondial. Il innove rapidement dans ses sept centres de recherche dédiés initiaux, qui disposent chacun des installations de recherche de classe mondiale.

Les  sept premiers domaines d'intérêt sont : la recherche quantique, la robotique autonome, la cryptographie, les matériaux avancés, la sécurité numérique, l'énergie dirigée et les systèmes sécurisés.

Son Excellence Faisal Al Bannai, Secrétaire général du Conseil de recherche sur les technologies avancées, a déclaré que l'institut permettrait à positionner Abou Dhabi et les Émirats arabes unis en tant que centre mondial pour la recherche sur les technologies avancées.

"Technology Innovation Institute est un centre de recherche pionnier qui développe des technologies révolutionnaires et transformatives ayant des cas d'utilisation pratiques et un impact mondial. L'institut nous permet de repousser les frontières de la connaissance plus loin que jamais au profit de la science, de la société, de l'économie et de l'environnement", a-t-il souligné.

Des équipes de scientifiques et de chercheurs internationaux  du monde entier ont rejoint l'institut  dans les deux mois suivant la première réunion du conseil d'administration en août 2020. Cette communauté intellectuelle contribuera à la construction d'un écosystème de recherche et développement (R&D) à Abou Dhabi et aux Émirats arabes unis.

TII stimulera également la recherche appliquée, le développement de la propriété intellectuelle et les partenariats universitaires et industriels. Il a déjà commencé à travailler sur plus de 25 projets de collaboration à long terme grâce à des partenariats avec plus de 20 universités de renommée mondiale.

Il est important de noter que l'institut aura la flexibilité de faire progresser rapidement la recherche, avec une feuille de route de recherche définie, un financement engagé à long terme et la capacité de prendre des décisions efficaces dans un environnement en évolution rapide.

TII est l'un des deux piliers d'ATRC, qui a été créé en mai 2020 pour élargir l'étendue et la profondeur d'un écosystème de R&D déjà florissant à Abou Dhabi. Rassemblant des leaders interdisciplinaires en matière de recherche et de technologie, ATRC cultive une communauté de recherche collaborative, accélère l'innovation et la découverte et favorise une culture de recherches.

 

À propos de Technology Innovation Institute (TII) :

Technology Innovation Institute, le pilier dédié à la recherche appliquée du Conseil de recherche sur les technologies avancées (ATRC), est un centre mondial de recherche et de développement pionnier qui se concentre sur la recherche appliquée et les capacités technologiques du nouvel âge. L'institut dispose de sept centres de recherche initiaux dédiés, dans les domaines de la robotique quantique et autonome, de la cryptographie, des matériaux avancés, de la sécurité numérique, de l’énergie dirigée et des systèmes sécurisés. En travaillant avec des talents exceptionnels, des universités, des instituts de recherche et des partenaires industriels  du monde entier, l'institut connecte une communauté intellectuelle et contribue à l'expansion de l'écosystème de R&D à Abou Dhabi et aux Émirats arabes unis. L’institut renforce le statut d’Abou Dhabi et des Émirats arabes unis en tant que centre mondial de l’innovation et contribue au développement plus large d’une économie fondée sur la connaissance.

Pour de plus amples informations, veuillez consulter le site électronique suivant : www.tii.ae

 

Le texte du communiqué issu d’une traduction ne doit d’aucune manière être considéré comme officiel. La seule version du communiqué qui fasse foi est celle du communiqué dans sa langue d’origine. La traduction devra toujours être confrontée au texte source, qui fera jurisprudence.

Contacts

Technology Innovation Institute

Aisha Shaikh, +971 55 542 3718

Aisha.Shaikh@tii.ae

 

Permalink : https://www.aetoswire.com/fr/news/abou-dhabi-inaugure-un-centre-mondial-pionnier-en-matiegravere-de-recherche-sur-les-technologies-avanceacutees/fr

Go Back

Hengli Petrochemical to Utilize INVISTA’s P8 Technology for Two PTA Lines at Huizhou

SHANGHAI-Thursday 5 November 2020 [ AETOS Wire ]

(BUSINESS WIRE)-- INVISTA’s technology and licensing group, INVISTA Performance Technologies (IPT), and Hengli Petrochemical (Huizhou) Co., Ltd, a subsidiary of Hengli Group (Hengli), have reached agreement to license INVISTA’s P8 PTA technology for two PTA lines. These two lines will be installed at Xiachong, Daya Bay, Huizhou City, Guangdong province, China. The kick-off meeting was successfully concluded on October 23, 2020, between Hengli, INVISTA and CTCI (the engineering contractor).

Hengli is also operating another 5 PTA lines on Changxing Island (Dalian), all of which utilise advantaged INVISTA PTA technology, with a total capacity of 12 million tonnes per annum.

Adam Sackett, IPT vice president PTA, commented, “We are very pleased that our industry-leading P8 PTA technology has been selected again by Hengli Group. Our companies have a decade-long cooperation, and we look forward to working together on this new project, leverage the learning on Hengli PTA 4/5 and deliver a successful project.”

INVISTA’s industry-leading PTA technology, including its latest version of P8 technology, is available as a license package from IPT. For more information, please visit the IPT website at www.ipt.invista.com.

About INVISTA:

From the fibers in your carpet to the plastic in your automobiles, INVISTA’s commitment to continuous improvement has led its employees to develop some of the most durable, versatile polymers and fibers in the world. A subsidiary of Koch Industries since 2004, INVISTA brings to market the proprietary ingredients for nylon 6,6 and recognized brands including STAINMASTER®, CORDURA® and ANTRON®. INVISTA also offers specialty chemical intermediates and process technologies. See the bigger picture at INVISTA.com.

About Hengli Group:

Hengli Group is an international company that owns a diversity of business: petrochemical, advanced polyester materials, textiles, trading, finance and thermal power. In 2019, Hengli’s total revenue was 556.7 billion RMB, ranking No. 181 in the Fortune Global 500 list. Hengli operates the largest PTA site in the world combined with the biggest performance fibre textile production base.

View source version on businesswire.com: https://www.businesswire.com/news/home/20201104005840/en/

Contacts

Shelley Zhang
INVISTA
+8621 6389 9202
Shelley.Zhang@INVISTA.com


Permalink : https://www.aetoswire.com/news/hengli-petrochemical-to-utilize-invistarsquos-p8-technology-for-two-pta-lines-at-huizhou/en 

Go Back

Radisys Bridges the Digital Divide at AfricaCom 2020 with End-to-End Digital Engagement Solutions Showcase

HILLSBORO, Ore.-Monday 9 November 2020 [ AETOS Wire ]

(BUSINESS WIRE) -- Radisys® Corporation, a global leader of open telecom solutions, today announced its showcase of end-to-end digital engagement solutions at the virtual AfricaCom 2020, taking place November 9-12. Radisys will demonstrate its real-time communication and digital engagement platforms and applications designed to bridge the digital divide in emerging regions. In addition, Radisys’ Aniel Jhingoeri and Reliance Jio’s Nathan Smith will lead a fireside chat focused on enabling mobile operators to provide greater access to broadband services in emerging and rural markets. To learn more about these solutions, visit Radisys’ virtual booth during AfricaCom 2020.

News Highlights

Radisys’ demonstrations at AfricaCom include the following:

Radisys Reach Smart Feature Phone and ReachCast Media Cable:

The Radisys Reach smart feature phone is a premium-quality white-label handset that delivers smartphone capabilities while priced for the masses, allowing customers in rural and emerging markets to take advantage of dependable mobile and broadband services. Radisys Reach is designed to help mobile operators bridge the global economic and digital divide, enabling them to provide access to affordable mobile and broadband services by offering a device fully integrated with leading-edge capabilities, digital experiences and a full suite of meaningful apps aimed to maximize subscriber internet usage and elevate the customer experience. Radisys will also demonstrate the phone with ReachCast, a media cable that enables subscribers to convert any TV into a smart TV and allow media on their smart feature phone to play on their TV with no additional equipment needed.

Engage Virtual Assistant (EVA):

Radisys’ EVA, the world’s first app-less AI-powered 3-in-1 (video, voice, text) bot, for digital customer interactions and experiences, including ecommerce, consumer brand engagement and customer service. EVA can be deployed to improve automated customer service and increase personalization in a range of different markets. This demonstration highlights the EVA bot’s ability to assist customers with questions about banking and financial services in a personalized manner through video, voice and text- with a brand ambassador or customer service agent rather than a computer-generated avatar.

Smart Home Demonstration:

Radisys will demonstrate a range of digital endpoints, including customer-premises equipment, IoT sensors and gateways, all of which enable service providers to deliver the full potential of a connected smart home.

TM Forum Catalyst “Ready Telco One” Project Highlights:

Radisys partnered with several industry leaders in a collaborative project as part of the TM Forum’s Catalyst “Ready Telco One” program. The “Ready Telco One” project was created to streamline a customer’s digital activities while improving communication service providers' (CSPs) engagement with and retention of customers. Radisys’ Engage Media Server provided the speech-enabled user interaction intelligence and virtual and augmented reality (VR/AR) foundation for the Catalyst project.

Nathan Smith, Vice President of Product and Business Development, Reliance Jio and Aniel Jhingoeri, Head of EMEA Sales and Embedded Platforms and Digital Endpoints business unit, Radisys

Join Aniel Jhingoeri and Nathan Smith on November 11, 2020 from 11:30am – 11:55am for a fireside chat, “Bridging the Digital Divide in Rural and Emerging Markets.”

“Radisys is playing a critical role in enabling service providers to monetize mobile connectivity in emerging markets, while enabling people living in these regions to gain access to powerful and affordable devices and applications that can change how they work, live, learn and play,” said Aniel Jhingoeri, Head of EMEA Sales and Embedded Platforms and Digital Endpoints business unit. “Our new Smart Feature Phone provides a holistic solution for operators, delivering rich digital experiences and enabling subscriber growth, new revenue streams and increased broadband usage, all while providing people with the connectivity options and applications needed to fully participate in a global society. Radisys continues to expand its solution ecosystem while simultaneously solidifying its role as a strategic partner for operators.”

To see the technology demonstrations, or to meet with Radisys’ digital engagement experts during AfricaCom, contact open@radisys.com.

About Radisys

Radisys is a global leader in open telecom solutions and services. Its disaggregated platforms and integration services leverage open reference architectures and standards combined with open software and hardware, enabling service providers to drive open digital transformation. Radisys offers an end-to-end solutions portfolio from digital end points, to disaggregated and open access and core solutions, to immersive digital applications and engagement platforms. Its world-class and experienced network services organization delivers full lifecycle services to help service providers build and operate highly scalable and high-performance networks at optimum total cost of ownership. For more information, visit www.Radisys.com.

Radisys® is a registered trademark of Radisys. All other trademarks are the property of their respective owners.

View source version on businesswire.com: https://www.businesswire.com/news/home/20201108005076/en/

Contacts
Nereus for Radisys
Lori Mesecke, +1-503-459-9150
lmesecke@nereus-worldwide.com


Permalink : https://www.aetoswire.com/news/radisys-bridges-the-digital-divide-at-africacom-2020-with-end-to-end-digital-engagement-solutions-showcase/en

 

Go Back

Hikma continues strong 2020 performance and updates full year guidance

Amman, Jordan-Thursday 5 November 2020 [ AETOS Wire ]

Hikma Pharmaceuticals PLC (Hikma, Group), the multinational pharmaceutical group, today provides an update on current trading.

Siggi Olafsson, Hikma’s CEO, said: “Hikma is performing well, maintaining the positive momentum of the first half.  The breadth of our portfolio, the flexibility of our manufacturing capabilities and the strength of our commercial and distribution channels are enabling us to supply the medicines most needed by our customers, including those used in the treatment of COVID-19.  We continue to see good demand for our marketed products and are delivering a strong performance from new launches.  As a result of this solid progress, we are raising our full year guidance for Generics and reiterating our current guidance for Injectables and Branded. Alongside the health and safety of our employees, Hikma is committed to its purpose of providing high-quality, affordable medicines and we look forward to the rest of the year with confidence.” 

Injectables

We are delivering a good performance in our global Injectables business. In the US, we have seen lower demand for COVID-19 related products compared to the first half. Whilst we are seeing the gradual return of elective surgeries, we do not expect these to return to normal levels until 2021. In MENA, we are seeing good demand across our portfolio, including our biosimilar products. In Europe, we are delivering strong growth from our marketed products and new launches and are benefitting from increased demand for contract manufacturing. As COVID-19 cases have risen again across our geographies, we are working closely with our customers to ensure a consistent supply of our products.

We are reiterating our guidance for global Injectables core revenue of between $950 million and $980 million for 2020, with core operating margin in the range of 38% to 40%. 

Generics

Following a strong first half, our Generics business continues to perform well, supported by a better than expected contribution from new launches and strong demand across our differentiated portfolio. We are making good progress on the execution of our pipeline and are pleased to have launched icosapent ethyl capsules in the US market. Following approval by the US FDA in September, and a swift resolution of outstanding patent litigation, we have accelerated our launch preparations and are now releasing limited quantities of icosapent ethyl to our customers.  We are working to increase capacity and expect to be able to provide greater availability in 2021. We have also made progress with our pending approval for generic Advair Diskus®, which we expect to launch in early 2021. 

To reflect the stronger-than-expected performance in the year to date, we are increasing our full year guidance for Generics revenue to $720 million to $740 million, from our previous guidance range of $710 million to $730 million.  We continue to expect core operating margin in the range of 18% to 19% for the full year.

Branded

Our Branded business is also performing well. Good demand across our markets, particularly Egypt, Algeria and Saudi Arabia is helping to offset some disruptions related to COVID-19. While we may see some impact on reported revenues from negative exchange rate movements, we continue to expect Branded revenue growth in constant currency to be in the mid-single digits for the full year in 2020.

Contacts
Hikma Pharmaceuticals PLC                                             

Dana Alhusseini

Email: Dalhusseini@hikma.com  

Tel: +962 6 580 2900

 

Layan Kalisse

Investor Relations Analyst                   

+44 (0)20 7399 2788/ +44 7970 709912


Permalink : https://www.aetoswire.com/news/hikma-continues-strong-2020-performance-and-updates-full-year-guidance/en

Go Back

ExaGrid Continues Middle East Expansion to Meet Growing International Demand

Expanding presence in Saudi Arabia


MARLBOROUGH, Mass.-Tuesday 3 November 2020 [ AETOS Wire ]

(BUSINESS WIRE)-- ExaGrid®, the industry’s only Tiered Backup Storage solution, today announced that it is continuing to expand globally to meet demand for its backup storage solution. The company continues to grow its market share position.

ExaGrid currently has field sales offices across the United States, Canada, Brazil, Mexico, Germany, France, UK, Nordics, Benelux, Singapore, Australia and over 20 other regions. ExaGrid has continued to add global sales teams and now covers over 30 countries worldwide. The company will continue to expand its global reach with the goal of covering over 50 countries in 2022.

As part of its expansion into more markets, ExaGrid now has Territory Managers in Israel, Dubai and most recently Saudi Arabia. Some of ExaGrid’s latest success stories are from key accounts in this region, including NMC Healthcare, Palestine Investment Bank and Quds Bank.

“We have been steadily gaining global momentum in the market. The increase in demand in the Middle East region has encouraged us to hire and form new and strategic distributor and reseller relationships.” said Bill Andrews, CEO and President of ExaGrid. “We focus on the US, Canada, Latin America, EMEA (Europe, Middle East and Africa) as well as Asia Pacific. We have worldwide local presence. The good news is that organizations worldwide perform backups 5 nights per week and all use the same backup applications such as Veeam, Commvault, Veritas NetBackup, Oracle RMAN, SQL Dumps, IBM Spectrum Protect, HYCU, Zerto and others. ExaGrid supports over 25 backup applications and utilities with its Tiered Backup Storage architecture. The market is truly horizontal, and the requirements are the same everywhere on the globe.”

ExaGrid’s published customer success stories and enterprise stories number over 330, more than all other vendors in the space combined. These stories demonstrate how satisfied customers are with ExaGrid’s unique architectural approach, differentiated product, and unrivalled customer support. Customers consistently state that not only is the product best-in-class, but ‘it just works.’

About ExaGrid

ExaGrid provides tiered backup storage with a unique disk-cache Landing Zone, long-term retention repository, and scale-out architecture. ExaGrid’s Landing Zone provides for the fastest backups, restores, and instant VM recoveries. The retention repository offers the lowest cost for long-term retention. ExaGrid’s scale-out architecture includes full appliances and ensures a fixed-length backup window as data grows, eliminating expensive forklift upgrades and product obsolescence. Visit us at exagrid.com or connect with us on LinkedIn. See what our customers have to say about their own ExaGrid experiences and why they now spend significantly less time on backup in our customer success stories.

ExaGrid is a registered trademark of ExaGrid Systems, Inc. All other trademarks are the property of their respective holders.

View source version on businesswire.com: https://www.businesswire.com/news/home/20201103005373/en/

Contacts
Media Contact:
Kristina O’Connell
ExaGrid
koconnell@exagrid.com

 

Permalink : https://www.aetoswire.com/news/exagrid-continues-middle-east-expansion-to-meet-growing-international-demand/en

Go Back

New Analysis Supports Long-Term Treatment with nintedanib in SSc-ILD Patients1

 • Interim analysis demonstrated long-term safety and suggested a sustained effect of nintedanib on slowing lung function decline in patients with SSc-ILD1

• Safety and efficacy profile of nintedanib was consistent with the Phase III SENSCIS® trial, according to this analysis1

INGELHEIM, Germany-Thursday 5 November 2020 [ AETOS Wire ]

(BUSINESS WIRE)-- Boehringer Ingelheim today announced results from an interim analysis of the SENSCIS®-ON trial evaluating nintedanib in patients with systemic sclerosis-associated interstitial lung disease (SSc-ILD). The new analysis was published online as part of ACR Convergence 2020.

SENSCIS-ON is an open-label extension trial to assess the long-term safety of nintedanib in patients with SSc-ILD who completed the Phase III SENSCIS® trial. The study is evaluating the absolute and relative change from baseline in the forced vital capacity (FVC) as a measure of lung function over 52 weeks.1,2

The interim analysis showed that the safety profile of nintedanib in SENSCIS-ON was consistent with that reported over 52 weeks in the SENSCIS trial with diarrhea being the most frequently reported adverse event.1 The analysis showed that 347 patients in the extension study who received nintedanib demonstrated a decrease in FVC over 52 weeks as did patients in the SENSCIS study.1 The average change in FVC from baseline to week 52 of SENSCIS-ON was −51.3 mL in all patients treated in SENSCIS-ON, while the change from baseline to week 52 in the SENSCIS trial was −42.7 mL.1

“Boehringer Ingelheim is continuously committed to providing scientific data, offering clinicians more confidence in treating patients with SSc-ILD,” commented Dr. Susanne Stowasser, Associate Medical ​Head Pulmonology ​at Boehringer Ingelheim. “We are thrilled to share the new data demonstrating a similar consistent safety profile of nintedanib in people living with SSc-ILD and suggesting a sustained effect in slowing lung function decline.”

~Ends~

Please click on the link for ‘Notes to Editors’ and ‘References’: http://www.boehringer-ingelheim.com/press-release/newanalysisnintedanibsscild

View source version on businesswire.com: https://www.businesswire.com/news/home/20201105005765/en/

Contacts

Boehringer Ingelheim
Corporate Communications
Media + PR
Alexander Kurz
55216 Ingelheim/Germany
Tel.: +49 (6132) 77-184531
Mobile: +49 (151) 68948378
Email: press@boehringer-ingelheim.com

Permalink : https://www.aetoswire.com/news/new-analysis-supports-long-term-treatment-with-nintedanib-in-ssc-ild-patients1/en

Go Back

Esri, UN, and GEO Blue Planet Release Water Health Tool

Partnership Will Provide Coastal Nations with Data to Help Improve Ocean Quality

REDLANDS, Calif.-Thursday 5 November 2020 [ AETOS Wire ]

(BUSINESS WIRE) -- Esri, the global leader in location intelligence, today announced a new free and open tool it is making available for countries seeking to improve their coastal waters. The tool uses real-time analysis enabling countries to monitor coastal water quality and use that information to guide policy and reduce pollution from land sources.

A team from Esri, the United Nations Environment Programme, and GEO Blue Planet partnered to develop this new statistical approach using satellite data and geospatial technology in support of the United Nations Sustainable Development Goal (SDG) to prevent and significantly reduce marine pollution of all kinds by 2025. The team received the 2020 GEO (Group on Earth Observations) SDG Award for the Special Category, Collaboration in recognition of the new tool they built.

“We believe open science is good science, and a way to reassert science as a global public good,” said Dawn Wright, Esri chief scientist. “This collaboration demonstrates that philosophy by sharing the jointly developed methodology and the resulting data in an accessible way.”

Many countries depend on the health of their coastal ecosystems to drive their economies (tourism, fisheries, natural resources) and provide sustainable food sources to their populations. The use of fertilizers and other chemicals that run off the land and into the coastal ocean have been shown to cause blooms in marine algae that can disrupt ecosystems and human health. By measuring above-normal concentrations of marine algae, this new analysis provides a starting point to achieve the SDG target of limiting marine pollution.

This project empowers countries, especially developing nations, with the information they need to understand potential impacts on coastal water quality, address those impacts, and have routinely updated data to understand and report their progress to the United Nations as part of the SDG initiative. While governments and organizations around the world are already able to conduct these analyses, this project transforms the raw global data into actionable information to make it easier for them to make better-informed decisions.

Sustainable Development Goals (SDGs), adopted by the United Nations, require timely and objective reporting, and metrics are typically self-reported by each country. However, many nations do not have the capacity or capability to conduct ongoing environmental analyses. This collaboration provides automated analysis for every coastal country in the world.

The GEO SDG awards program, which honored this collaboration, recognizes excellence in sustainable development practices, analysis, and reporting through the use of Earth observations. The awards recognize productivity, ingenuity, proficiency, novelty, and exemplary communications of results and experiences in the use of Earth observations for the SDGs.

This partnership’s methodology, now included in the UN’s Global Manual for Ocean Statistics, can also be applied in other environments where it is needed and modified to work on many geographic scales. To see the initial analysis results and information products, visit the hub site at chlorophyll-esrioceans.hub.arcgis.com.

About Esri

Esri, the global market leader in geographic information system (GIS) software, location intelligence, and mapping helps customers unlock the full potential of data to improve operational and business results. Founded in 1969, Esri software is deployed in more than 350,000 organizations including 90 of the Fortune 100 companies, all 50 state governments, more than half of all counties (large and small), and 87 of the Forbes Top 100 Colleges in the U.S., as well as all 15 Executive Departments of the U.S. Government and dozens of independent agencies. With its pioneering commitment to geospatial information technology, Esri engineers the most advanced solutions for digital transformation, the Internet of Things (IoT), and advanced analytics. Visit us at esri.com.

Copyright © 2020 Esri. All rights reserved. Esri, the Esri globe logo, ArcGIS, The Science of Where, esri.com, and @esri.com are trademarks, service marks, or registered marks of Esri in the United States, the European Community, or certain other jurisdictions. Other companies and products or services mentioned herein may be trademarks, service marks, or registered marks of their respective mark owners.

View source version on businesswire.com: https://www.businesswire.com/news/home/20201104005554/en/

Contacts

Jo Ann Pruchniewski
Public Relations, Esri
Mobile: 301-693-2643
Email: jpruchniewski@esri.com 


Permalink : https://www.aetoswire.com/news/esri-un-and-geo-blue-planet-release-water-health-tool/en 

Go Back

Alpho: Coronavirus crisis fuels the growth in real estate prices. Why the rise is to be followed by fall

Dubai, United Arab Emirates-Sunday 1 November 2020 [ AETOS Wire ]

Restrictions related to the COVID-19 pandemic have had a negative impact on a number of sectors but, paradoxically, they are to the benefit of the growth in real estate prices. In the last financial crisis in 2008 after the fall of Lehman Brothers, the real estate market responded by a slump and lost more than 10% of its value globally.

However, the situation is different now. As the government restrictions relating to the public protection have cut the opportunities to spend on travelling, various cultural events, mass sports and many other activities, the public attention is concentrated on searching the opportunities to invest in real estate, says The Economist. Together with the expansionary policy of central banks and other measures adopted in certain countries, such as increased housing subsidies or tax payment reduction/deferment, this may be one of the reasons driving prices up. This is confirmed by Alpho.

For example, over the three “worst” months after the pandemic outbreak in the USA, the real estate prices were growing more than over the three best months before the start of the last financial crisis. The Economist further states that the real estate prices in the G7 countries increased by 5% in Q2 of 2020, e.g. in Germany, they grew by up to 11%.

The increased demand for mortgages is caused by more favourable loan interest. While the European Central Bank has kept the base interest rate at 0 since March 2016 and made no changes when the crisis broke out, the Federal Reserve (the American central bank) decreased the range from 1.50-1.75 to 0-0.25 percent, and the Bank of England from 0.75 to 0.1 percent. The decrease in rates in individual countries thus caused lower interest on mortgage loans, which attract the public interest in own housing or investments in additional real estate.

According to Alpho, another factor that could contribute to the growth in the interest in real estate purchases is the fact that the pandemic has resulted in the need and expansion of work from home. As people spend more time in their apartments or houses, their requirements for comfort naturally increase.

Trading is risky and your entire investment may be at risk. TC’s available at http://www.alpho.com

Contacts
Milosh Pham

support@alpho.com


Permalink : https://www.aetoswire.com/news/alpho-coronavirus-crisis-fuels-the-growth-in-real-estate-prices-why-the-rise-is-to-be-followed-by-fall/en

Go Back

Lenovo Delivers Record Results, Fueled by Strong Q2 Growth Across All Business Groups

HONG KONG -Tuesday 3 November 2020 [ AETOS Wire ]

Group revenue up by 7% year-on-year to US$14.5 billion
Q2 pre-tax income (PTI) of US$470 million, up 52% year-on-year
Net income up 53% year-on-year to US$310 million
Group sees significant future growth opportunities well exceeding analyst forecasts
(BUSINESS WIRE)-- Lenovo Group (HKSE: 992) (PINK SHEETS: LNVGY) today announced record Group revenue in the second quarter of US$14.5 billion, up 7% year-on-year and with all businesses showing strong growth. Profit showed even stronger growth, with record pre-tax income of US$470 million, up 52% compared to the same quarter a year earlier, while net income also increased by 53% year-on-year to a record US$310 million. In addition to record quarterly results, Lenovo’s financial strength and sustainability has been further validated recently with strong inaugural investment grade ratings from Moody’s, Standard & Poor’s and Fitch, and a successful global notes offering.

Basic earnings per share for the second quarter were 2.59 US cents or 20.08 HK cents. Lenovo’s Board of Directors declared an interim dividend of 6.6 HK cents per share.

“Our record results this quarter reflect our ongoing commitment to meeting the needs of the rapidly growing work-, learn-and play-from-home economy. All of our core businesses delivered year-on-year growth, while our Software and Services revenue grew to a new record,” said Yuanqing Yang, Lenovo Chairman and CEO. “As the world continues to adjust to the ‘new normal’, we are confident in the long-term growth potential of both devices and cloud infrastructure. We will continue to leverage our core competences of operational excellence and global/local footprint, while accelerating our service-led transformation to better grasp opportunities and drive sustainable growth.”

Business Outlook

2020 continues to be a year with multiple industry factors impacting supply and manufacturing, including the ongoing geo-political uncertainties, the global COVID-19 pandemic, and industry-wide component supply shortages driven by strong demand. However, Lenovo sees a positive outlook for the second half of the year, with the new global norm of work, learn and play from home driving long-term growth trends in device demand and cloud/infrastructure requirements. In particular, the Group expects the total PC market to grow well beyond current analyst forecasts to closer to 300 million units in calendar year 2020, around 25 million more than the total available market last year.

Business Group Overview

Lenovo’s Intelligent Devices Group (IDG) continues to lead the Group’s growth with all-time record revenue for the PC and Smart Devices Group (PCSD) of US$11.5 billion, up 8% year-on-year. It reported record PTI of US$723 million, showing growth of 18% year-on-year, and maintained an industry-leading profit margin of 6.3%. Lenovo’s operational capability, timely response to the work and learn from home trend and focus on high-growth and premium segments drove the record quarterly performance. Lenovo leads the global PC market with #1 market share of 23.6%.

IDG’s second business unit, the Mobile Business Group (MBG), had revenue growth of 39% quarter-to-quarter and returned to year-on-year growth, continuing the strong recovery from the impact of COVID-19. Growth in the company’s stronghold markets of Latin America and North America was further solidified, while growth in Europe and Asia Pacific was accelerated. The quarter also saw key innovation milestones with the launch of the razr 5G foldable smartphone and the company’s first dedicated gaming phone under the Lenovo Legion brand. The business will continue to leverage its strong product portfolio and 5G innovation to drive future profitable growth.

The Data Center Group (DCG) saw continued growth. Revenue grew 11% year-on-year to $1.48 billion, with improved profitability. The Cloud Service Provider segment continued to grow, with revenue increasing 34% year-on-year, with strong growth across all geographies. Underpinning this result is Lenovo’s sustained investment in in-house design and manufacturing, which delivered a major motherboard and system design win. Revenue in the Enterprise and SMB was close to flat year-on-year but outperformed the market forecast by 3 points. It saw double-digit growth across the business in Software Defined Infrastructure (22%), Storage (15%), Software (47%) and Services (11%). An additional growth area for the segment is Lenovo’s recently announced partnership with SAP. Lenovo’s TruScale Infrastructure-as-a-Service combined with SAP HANA Enterprise Cloud enables customers to keep their sensitive data on-premises and secure, with the flexibility of pay-as-you-go consumption model.

Lenovo’s Intelligent Transformation saw strong momentum in Q2, with double-digit growth in all its segments. The results demonstrate its significance as a long-term growth catalyst for the Group. Smart Internet of Things saw strong growth of over 36% year-on-year, while Smart Infrastructure (21%) and Smart Verticals (72%) both delivered strong double-digit revenue* growth. Software and Services grew 39% year-on-year to a new record of US$1.2 billion*, now representing more than 8.5% of Group revenue, even as total Group revenue increases. Lenovo’s Attached Service and Software, Managed Service and Solutions also saw fast growth and E-commerce revenue grew by over 40% year-on-year.

* invoiced revenue

About Lenovo

Lenovo (HKSE: 992) (ADR: LNVGY) is a US$50 billion Fortune Global 500 company, with 63,000 employees and operating in 180 markets around the world. Focused on a bold vision to deliver smarter technology for all, we are developing world-changing technologies that create a more inclusive, trustworthy and sustainable digital society. By designing, engineering and building the world’s most complete portfolio of smart devices and infrastructure, we are also leading an Intelligent Transformation – to create better experiences and opportunities for millions of customers around the world. To find out more visit https://www.lenovo.com, follow us on LinkedIn, Facebook, Twitter, YouTube, Instagram, Weibo and read about the latest news via our StoryHub.

View source version on businesswire.com: https://www.businesswire.com/news/home/20201102006093/en/

Contacts
Press Contacts
Hong Kong – Angela Lee, angelalee@lenovo.com, +852 2516 4810
London – Charlotte West, cwest@lenovo.com, +44 7825 605720
Zeno Group - LenovoWWcorp@zenogroup.com

 

Permalink : https://www.aetoswire.com/news/lenovo-delivers-record-results-fueled-by-strong-q2-growth-across-all-business-groups/en

Go Back

20 blog posts

Blog Search

Comments

There are currently no blog comments.