Yearly Archives: 2020

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Blackbaud Announces First Featured Speakers and 100 Session Topics for bbcon 2020 Virtual

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Dr. Cornel West, Justin Dillon, Meico Marquette Whitlock and Alice L. Ferris to take to the virtual mainstage at the tech conference for a better world October 6-8, 2020

CHARLESTON, South Carolina, Aug. 21, 2020 — Blackbaud (NASDAQ: BLKB), the world’s leading cloud software company powering social good, is pleased to announce the first set of featured speakers who will join bbcon 2020 Virtual October 6-8, 2020. Among the latest speaker announcements are Dr. Cornel West—a prominent author, philosopher, professor and activist—who will lead a fireside chat on day two of the global virtual event. Award-winning entrepreneur, author of A Selfish Plan to Change the World and founder/CEO of FRDM, Justin Dillon will be joining the mainstage. Alice L. Ferris, fundraising leadership expert and founder of GoalBusters, and digital wellness and leadership coach Meico Marquette Whitlock will lead a discussion on working in a changing world as part of the mainstage lineup.

To date, nearly 15,000 people from around the world have already registered to attend the tech conference for a better world. This week, bbcon 2020 Virtual also previewed 100 session topics with details on speakers, networking opportunities and social events to be released soon.

"When we set out to plan our first virtual, global bbcon, we knew we wanted to reimagine the experience entirely for the social good community," said Catherine LaCour, Blackbaud Chief Marketing Officer. "Having nearly 15,000 registrants (and counting!) from around the world tells us that this is exactly what our Ecosystem of Good® needs in 2020 – a way to connect with others in this space while learning about the latest trends and innovations to drive their missions forward. We couldn’t be more pleased to have these four prominent, inspiring speakers join us on the mainstage as we bring that vision to life. This is just the first of many announcements to come, so stay tuned!"

Below is an overview of the first four mainstage speakers announced for bbcon 2020 Virtual. More speaker announcements to come.

Dr. Cornel West – Fireside Chat
Dr. Cornel West is professor of the practice of public philosophy at Harvard University and professor emeritus at Princeton University. He has written 20 books and is a frequent guest on the Bill Maher Show, CNN, C-Span and Democracy Now. He has a passion to communicate to diverse audiences in order to keep alive the legacy of Martin Luther King, Jr. – a legacy of telling the truth and bearing witness to love and justice. 

Justin Dillon – Built for a Changing World:  Reimagining the Future
Justin Dillon is an award-winning entrepreneur, author and founder/CEO of FRDM, an enterprise-grade software company trusted by Fortune 500 companies to manage risks of modern slavery deep in their supply chains. He is the author of A Selfish Plan to Change the World. In 2008, Justin made is his directorial debut in the film Call + Response and has worked in technology and human rights for over ten years, advising the United Nations, White House and Fortune 100 companies on supply chain transparency and the purpose economy.

Alice L. Ferris – Working in a Changing World:  Best Practices 
Alice L. Ferris, MBA, CFRE, ACFRE, is the founder of GoalBusters, providing hands-on, comprehensive fundraising leadership for small- to medium-sized charitable organizations. Alice has 30 years of experience in the philanthropic sector, focusing on strategic and development planning, board development, annual giving, nonprofit operations and small shops.

Meico Marquette Whitlock – Working in a Changing World:  Best Practices
Meico Marquette Whitlock is a digital wellness and leadership coach who helps changemakers create work-life and tech-life balance. He is the founder and CEO of Mindful Techie and author of the Intention Planner. He has worked with organizations such as Cigna, Greenpeace and the World Wildlife Fund and has been a featured speaker on ABC News, Fox 5, Radio One.

For information about bbcon 2020 Virtual and to register for the tech conference for a better world happening October 6-8, visit bbconference.com. 

About Blackbaud
Blackbaud (NASDAQ: BLKB) is the world’s leading cloud software company powering social good. Serving the entire social good community—nonprofits, higher education institutions, K–12 schools, healthcare organizations, faith communities, arts and cultural organizations, foundations, companies and individual change agents—Blackbaud connects and empowers organizations to increase their impact through cloud software, services, expertise and data intelligence. The Blackbaud portfolio is tailored to the unique needs of vertical markets, with solutions for fundraising and CRM, marketing, advocacy, peer-to-peer fundraising, corporate social responsibility, school management, ticketing, grantmaking, financial management, payment processing and analytics. Serving the industry for more than three decades, Blackbaud is headquartered in Charleston, South Carolina, and has operations in the United States, Australia, Canada, Costa Rica and the United Kingdom. For more information, visit  www.blackbaud.com or follow us on Twitter, LinkedIn, Instagram and Facebook.

Media Inquiries
media@blackbaud.com

Forward-looking Statements
Except for historical information, all of the statements, expectations, and assumptions contained in this news release are forward-looking statements that involve a number of risks and uncertainties, including statements regarding expected benefits of products and product features. Although Blackbaud attempts to be accurate in making these forward-looking statements, it is possible that future circumstances might differ from the assumptions on which such statements are based. In addition, other important factors that could cause results to differ materially include the following: general economic risks; uncertainty regarding increased business and renewals from existing customers; continued success in sales growth; management of integration of acquired companies and other risks associated with acquisitions; risks associated with successful implementation of multiple integrated software products; the ability to attract and retain key personnel; risks associated with management of growth; lengthy sales and implementation cycles, particularly in larger organization; technological changes that make our products and services less competitive; and the other risk factors set forth from time to time in the SEC filings for Blackbaud, copies of which are available free of charge at the SEC’s website at www.sec.gov or upon request from Blackbaud’s investor relations department. All Blackbaud product names appearing herein are trademarks or registered trademarks of Blackbaud, Inc.

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Calling Young Musicians for Life’s Good Project

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LG Invites Musical Talent Around the World to Create Empowering, Dynamic Music with H.E.R.

SEOUL, South Korea, Aug. 21, 2020 — LG Electronics (LG) is hosting a global virtual music contest with Grammy Award-winning musician H.E.R. as part of its Life’s Good campaign for supporting and encouraging young voices.

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As part of LG’s global campaign launched earlier this month, the Life’s Good Music Project invites young talent from around the world to complete a song from 16 vocal bars written and composed by H.E.R. "Life’s good even with all my doubts," H.E.R. sings, "with faith I know, we’ll get there." Three musicians behind the very best submissions will be selected to collaborate on a final song with H.E.R. through virtual coaching sessions. The result will be released to the public later this year.

LG recognizes music’s power in bringing people together, and the Life’s Good Music Project is set to be a new and meaningful attempt to create a collaborative piece and rehearse for it together while physically apart. No matter the distance, the connection between musicians and their audience will become even stronger through such inspiring projects, as music will hold greater meaning by featuring the vibrant voices, energy, and creativity of the young people around the world.

H.E.R. voiced the significance of young people coming together – not only in sound but also in voice, sentiment, and spirit – for the love of music no matter the circumstances. "[The Life’s Good Music Project] is a good opportunity for young creatives," H.E.R. remarked. "I was once somebody who wanted my art to be heard, so…it’s really cool for me to even start or initiate a contest or something that just challenges people. Everybody wants to be heard. Everybody wants their art to be noticed and to be heard, so I think this is the perfect opportunity for that…I just love what life’s good is all about. It’s a really positive message, and it’s very inclusive."

The Life’s Good Music Project is another step in LG’s journey to reclaim and rediscover what truly makes life good. First sparking the conversation with young people around what makes life good at the start of this month, LG followed up by releasing a Life’s Good movie featuring and directed by a group of inspired teen creators. The Life’s Good campaign aims to empower today’s youth to raise their voices and inspire meaningful actions to build a better tomorrow for everybody.

"By bringing together aspiring musicians from around the world, the Life’s Good Music Project amplifies the creative power of the younger generation and their resilience in turbulent times," said Kim Jin-hong, head of LG’s Global Marketing Center. "We look forward to hearing everyone’s compositions and performances that capture this spirit."

Submissions for LG’s Life’s Good Music Project can be made by posting on Instagram or YouTube with the hashtag isGoodMusic_LG until Sept. 17. More information can be found on the LG Global YouTube channel (www.youtube.com/GlobalLG) and Instagram (www.instagram.com/lg_global).

About LG Electronics Inc.

LG Electronics is a global innovator in technology and consumer goods with a presence in almost every country in the world and a diverse workforce of 74,000. LG is composed of five companies – Home Appliance & Air Solution, Home Entertainment, Mobile Communications, Vehicle Component Solutions and Business Solutions. With 2019 global sales of USD 53 billion, LG is a leading manufacturer of a wide range of products from TVs, washing machines, refrigerators, air conditioners, mobile devices, digital signage and automotive components. LG is also known for its premium LG SIGNATURE and advanced LG ThinQ brands, which feature the company’s artificial intelligence technology. For more news on LG, go to www.LGnewsroom.com.

LG's Life's Good Music Auditions in Collaboration with H.E.R.
LG’s Life’s Good Music Auditions in Collaboration with H.E.R.

LG's Life's Good Music Auditions in Collaboration with H.E.R.
LG’s Life’s Good Music Auditions in Collaboration with H.E.R.

PR Newswire

HEISHA Launches Its Latest Advanced Drone-in-the-Box Hardware Platform – D.NEST

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SHENZHEN, China, Aug. 20, 2020 — HEISHA, a drone charging solution and unattended drone system provider, has launched a new drone-in-the-box hardware platform, D.NEST on Aug. 20 with a limited-time promotion to celebrate the launch. The first 200 Users who buy a standard D.NEST will get a Mavic 2 Zoom or 1,126 USD off their purchase. 

HEISHA's D.NEST, a truly automatic drone-in-the-box hardware platform, which is compatible with DJI drones, open-source project drones and vertical take-off and landing (VTOL) aircraft. HEISHA has inventory at present and is capable of mass production for standard products.
HEISHA’s D.NEST, a truly automatic drone-in-the-box hardware platform, which is compatible with DJI drones, open-source project drones and vertical take-off and landing (VTOL) aircraft. HEISHA has inventory at present and is capable of mass production for standard products.

Based on HEISHA’s Third Generation Charging Pad C500, centering protection from IR upgraded and polished through 3 generations, D.NEST is a reliable and stable automatic drone charging solution. Equipped with T3 separated monitoring pile, built-in AI computer, remote control base and local router, D.NEST is easy to maintain and redevelop. Additionally, the hardware platform can be a data center and control center for different robots.

HEISHA operates an open-source interface API and SDK, making it highly compatible. Designed for use with the DJI Mavic and Phantom series, D.NEST can also be customized for use with the M200. M210, M300, M600, open-source UAVs and VTOL fixed-wing.

Equipped with the 5-in-1 PCB control K100 and industrial level materials, HEISHA also provides a useful, stable and cost-effective drone charging platform.

Unattended technology is slowly helping to improve our lives, but the high cost and maintenance of automated systems are preventing further adoption. Aiming to provide easy access to air data, HEISHA launched the world’s first omni-compatible, cost-effective drone interface. We aim to create a future where everyone can have a bird’s eye view from their cellphone. 

About HEISHA

A technology-driven company, HEISHA, focuses on creating products with real value to daily life through advancing science and technology. Owning a manufacturing facility of more than 1,700 square meters and advanced test and processing equipment, HEISHA provides cost and time-saving solutions for more developers and is open to OEM and business partnerships. 

For more information contact: info@heishatech.com

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Clarivate Launches Coronavirus, Virology, and Infectious Disease (CVID) Data Lake to Accelerate Research, Preparedness and Response to Future Pandemics

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Broad and deep intelligence — harmonized and accessed via one single, secure source — powers unique insights not possible via disconnected, siloed datasets

LONDON, Aug. 20, 2020 — Clarivate Plc (NYSE: CCC), a global leader in providing trusted information and insights to accelerate the pace of innovation, today announced the launch of its Coronavirus, Virology, and Infectious Disease (CVID) Data Lake to support global researchers and policy makers in their efforts to make data-driven decisions that accelerate disease response, prevent and prepare for future pandemics.

The CVID Data Lake is the first of several therapeutically-oriented data lakes from Clarivate, bringing together the comprehensive information and insights that power the company’s market-leading tools, analytics and services, including real-world data (RWD) from DRG’s RWD product; scientific, clinical, regulatory and commercial data from Cortellis™; cited scholarly references indexed in Web of Science™; and both content and data from award-winning news service, BioWorld™, in one centralized source.  Data from other sources can also be integrated, further enhancing derived insights.

During these unprecedented times, researchers and policy makers need to connect the dots across multiple data points. Collaboration across public and private networks is integral to solving the current health crises and preventing future ones. The CVID Data Lake is a uniquely unified dataset focused on the coronaviruses, including COVID-19, as well as virology, super viruses and infectious diseases, enabling researchers to mine and interrogate harmonized data from a single, expertly curated source and access complete, structured and connected data to enable fact and evidence-based decisions. 

Ken McLaren, SVP and GM, Data Analytics & Insights (DAI) at Clarivate, said: "The new imperative for global health requires researchers and policy makers to accelerate their efforts to both treat and prevent future pandemics and infectious diseases.  A unified data set allows for more complex analyses and improved insights not efficiently available through disparate, siloed databases. With our new Coronavirus, Virology, and Infectious Disease Data Lake, researchers around the world can access scientific, clinical, commercial and research data within one seamless and secure platform." 

Now, more than ever, pharma and biotech companies are interested in understanding the disease impact on clinical trials and treatment patterns, monitoring how research funding and the regulatory landscape is evolving in response to COVID-19, optimizing the use of biomedical R&D and manufacturing resources, and developing global strategies to support pricing, market access and reimbursement in areas of interest.

Government agencies are looking to measure the impact of infectious disease on the capacity of the healthcare system and essential supplies, analyze how the health policy, research and regulatory landscape is changing in response to COVID-19, and develop pricing and reimbursement policies to ensure access to medicines.  The insights derived from the CVID Data Lake support these use cases and more – providing unprecedented decision support and planning inputs while serving as a bridge between policy and practice and enabling improved use of resources across the public-private continuum.

The CVID Data Lake features all related content in one place, connected in new ways, supporting a multitude of end users, to enable deeper insights and delivery of complex and high value use cases.  Clients can choose from an array of delivery options depending on their resource needs and expertise, including: datasets and programmatic access; preconfigured dashboards, reports or customized tools; custom analytics based on specific requirements; or consulting engagements that include analysis and recommendations.

The CVID Data Lake includes: real-world patient data; drug pipeline data; genes and targets; clinical trials; digital health data; publication and citation data; epidemiology; regulatory intelligence; patents and more.  Other therapy areas will be launched to help researchers accelerate innovation in other therapeutic areas. The new offering further demonstrates how the combined expertise, data and technologies of Clarivate and DRG, which was acquired by Clarivate earlier this year, can support customers across the entire drug, device and medical technology lifecycles.

To learn more about the CVID Data Lake, visit http://www.clarivate.com/cvidlake.

ENDS

About Clarivate
Clarivate™ is a global leader in providing trusted information and insights to accelerate the pace of innovation. We offer subscription and technology-based solutions coupled with deep domain expertise that cover the entire lifecycle of innovation – from foundational research and ideas to protection and commercialization. Today, we’re setting a trail-blazing course to help customers turn bold ideas into life-changing inventions. Our portfolio consists of some of the world’s most trusted information brands, including the Web of Science™, Cortellis™, Derwent™, CompuMark™, MarkMonitor™ and Techstreet™. For more information please visit www.Clarivate.com.

Forward-Looking Statements
This press release and oral statements included herein may contain forward-looking statements regarding Clarivate. Forward-looking statements provide Clarivate’s current expectations or forecasts of future events and may include statements regarding results, anticipated synergies and other future expectations. These statements involve risks and uncertainties including factors outside of Clarivate’s control that may cause actual results to differ materially. Clarivate undertakes no obligation to update or revise the statements made herein, whether as a result of new information, future events or otherwise.

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H-E-B and STRATACACHE Announce Expansion of Innovation Partnership

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DAYTON, Ohio, Aug. 20, 2020 — H-E-B, consistently rated one of the top grocery retailers in the US, and STRATACACHE, leaders in marketing technology and in-store customer experiences, today announced an expansion of a successful multi-year innovation partnership, focusing on delivering new actionable data and insights to create an even greater customer shopping experience.

H-E-B continuously seeks improvement to the customer shopping experience. Using sensor-based insights gathered from STRATACACHE’s Walkbase solution, H-E-B gains a richer understanding of the service level in their stores, and will use the actionable data to advance many aspects of the in-store shopping experience. With the expansion of the existing Walkbase advanced solution, H-E-B will gain an even richer understanding of how to better serve their customers.

"STRATACACHE has proved to be a valued innovation partner with a clear history of delivering customer-focused solutions," said Paul Tepfenhart, Senior Vice President of Omnichannel Commerce & Emerging Technology at H-E-B. "At H-E-B, we never stop looking for ways to improve our experience by providing the best customer and partner solutions. Our relationship with STRATACACHE moves us forward on this mission."

"H-E-B is a great retail partner to bring STRATACACHE’s customer insights solutions to stores. Well known for a laser focus on delivering the best customer experiences, H-E-B has made continuous investments in technology that directly optimize their customers’ journey, making it more relevant and more efficient," said Chris Riegel, CEO of STRATACACHE. "We have built a strong partnership over several years, and now H-E-B has new customer insights to better serve their customers."

Learn more about H-E-B at www.heb.com and STRATACACHE at www.stratacache.com.

About STRATACACHE
STRATACACHE delivers in-store retail experience transformation and exceptional customer journeys through a wide array of marketing technology. Our solutions enable retailers to learn deeply about their customers’ shopping preferences and behaviors, delivering targeted promotional or task-based messaging on any digital display. With 3.3 million+ software activations globally, we power the biggest digital networks for the world’s largest brands. Across the STRATACACHE family of complementary Marketing Technology solution companies, we have the technology, expertise and track record to bring retail innovation that delivers results. Learn more about the STRATACACHE family at www.stratacache.com, on Twitter @STRATACACHE or on Facebook.

About H-E-B
H-E-B, with sales of $28 billion, operates more than 400 stores in Texas and Mexico. Known for its innovation and community service, H-E-B celebrates its 115th anniversary this year. Recognized for its fresh food, quality products, convenient services, and a commitment to environmental responsibility and sustainability, H-E-B strives to provide the best customer experience and lowest prices. Based in San Antonio, H-E-B employs over 120,000 Partners in Texas and Mexico and serves millions of customers in more than 300 communities. For more information, visit HEB.com and HEB.com/Newsroom.

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Webull Financial Debuts Customizable Desktop Platform, Webull 4.0

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Latest version of desktop platform offers traders the option to completely customize widgets based on preference and importance

NEW YORK, Aug. 20, 2020 — Webull Financial LLC, an independent, self-directed broker dealer focused on zero-commission trading and in-depth market data, today announced the launch of Webull Desktop 4.0. The enhanced version of its current desktop offering provides users the ability to rearrange over 45 widgets on the Webull dashboard, ultimately allowing traders to analyze trends, decipher market information, and make informed trades easier and more efficiently.

Traders of all levels can organize dashboard widgets – including News, Quotes, Bid&Ask, and Active Trade — based on order of importance relative to the style of which they trade. The Active Trade widget, where traders can purchase shares of stock, is now fully customizable for users to set specific order details for a one-click purchase. The update also runs on a lower latency, optimizing the trading experience with a faster load time.

"Webull strives to support traders of all skill levels by providing a multi-faceted platform that is easily accessible by desktop and mobile app," said Anthony Denier, CEO of Webull. "Introducing Webull Desktop 4.0, a completely customizable desktop platform, was the natural next step in refining our offerings to ensure customers have the most seamless and innovative trading experience."

With the rollout of this new version, Webull’s users can enjoy the perks of a faster, more effective desktop system; novice traders can use a basic set-up, and more experienced individuals who conduct trading with multiple screens. Webull 4.0 also provides users with in-depth Level-2 Market Data, powered by Nasdaq TotalView.

Webull revolutionizes trading by offering a more powerful and adaptable platform than ever before, gaining a competitive edge and further legitimizing itself in the trading space. Webull Desktop 4.0 comes after the release of Webull 6.0 in February, which featured numerous additions to the platform’s mobile app and the roll out of Options Trading in March.

About Webull Financial LLC 

Webull Financial LLC is a broker-dealer registered with the Securities and Exchange Commission (SEC) and is a member of the Financial Industry Regulatory Authority (FINRA) and the Securities Investor Protection Corporation (SIPC). The headquarters of Webull Financial LLC is located at 44 Wall Street, New York, NY, USA.

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Geek+ and Körber announce global partnership for AMR deployment

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HAMBURG, Germany and BEIJING, Aug. 20, 2020 — Extended relationship showcases commitment to providing customers worldwide across industries with smart AMR solutions to combat supply chain complexities.

Geek+ and Körber announce global partnership for AMR deployment
Geek+ and Körber announce global partnership for AMR deployment

Geek+, a global AMR leader, and Körber, the global supply chain technology leader from software to materials handling automation, are pleased to announce the beginning of a global strategic partnership. Together, the two companies declare a joint commitment to provide businesses worldwide with Autonomous Mobile Robots (AMRs) that can enable efficient, flexible, and smart logistics solutions.

Geek+ and Körber announce global partnership for AMR deployment
Geek+ and Körber announce global partnership for AMR deployment

With an already extensive portfolio of successful cases across industries and a wide variety of AI-driven robotics solutions applicable to different supply chain scenarios, Geek+ will make its technology available to Kӧrber’s global customer base. Combining Kӧrber’s capabilities for integration, advisory, and maintenance for robotics with Geek+, the partnership addresses the current market needs for technologies and strategies to effectively mitigate increasing supply chain complexities through the joint capabilities of AI, robotics, software and machine learning. This is particularly true in light of COVID-19, resulting in a multitude of challenges such as labor shortages, health risks, and unpredictable fluctuations in demand.

Hong Yu, CMO at Geek+ commented, "We are excited to be entering into our first global partnership and equally excited that it is with Körber. This partnership allows us to provide businesses worldwide with AMR solutions that can help realize flexible and efficient logistics operations. Having already experienced successful collaboration between Geek+ and Kӧrber within the Asia Pacific region, we are confident that this global partnership will lead to accelerated market expansion. Together, we are bringing the future of smart warehousing to companies worldwide."

In the past 5 years, Geek+ ability to deliver real value to its customers has led to international expansion and rapid growth. This includes the successful deployment of 10,000 AMRs globally in support of over 300 world-renowned customer brands. Geek+ robotic systems continuously demonstrate high effectiveness that helps its customers improve operational performance and drive improved business continuity.

"Körber’s relationship with Geek+ is spurred by innovation," said Nishan Wijemanne, global leader for AMR Solutions at Körber. "Our ongoing global investments in the advancement of robotics brings a new level of performance to the warehouse floor. By collaborating with Geek+, Kӧrber provides the flexibility, adaptability and precision businesses need to conquer supply chain complexity today and beyond."

"With the right technologies and partner, businesses can turn today’s supply chain complexities into a strategic differentiator with robotics," said John Santagate, vice president of robotics at Kӧrber Supply Chain – Software. "Be it the rise in consumer expectations, increasing product counts, supply network complexity, or growing distribution channels, Kӧrber’s relationship with Geek+ empowers businesses to effectively integrate mobile robotics into their operation in the effort to revolutionize workflows across the globe."

The Körber Business Area Supply Chain is part of the international technology group Körber. This includes Aberle, Aberle Software, Cirrus Logistics, Cohesio  Group, Consoveyo, DMLogic, HighJump, inconso, Otimis, Langhammer, Riantics and Voiteq. Körber has proven success with thousands of companies worldwide. All companies will officially transition to the brand name ‘Kӧrber’ in the fall of 2020.

About Geek+

Geek+ is a global technology company leading the intelligent logistics revolution. We apply advanced robotics and AI technologies to realize flexible, reliable and highly-efficient solutions for warehouses and supply chain management. Geek+ counts 300 global customers and has deployed more than 10,000 robots worldwide. Geek+ is the only AMR provider that develops a full range of logistics robots covering all robotics categories and scenarios in both warehousing and factory environments. These include Goods-to-Person Picking, Bin-to-Person RoboShuttle System, Disinfection Robots, Sorting, Moving, Forklift, as well as fully integrated solutions for automated smart fulfillment centers and smart factories.

Founded in 2015, Geek+ has over 800 employees and is headquartered in Beijing, with offices in Germany, the UK, the US, Japan, Hong Kong and Singapore. For more information, please visit: https://www.geekplus.com/

About the Körber Business Area Supply Chain

Supply chains are growing more complex by the day. Körber uniquely provides a broad range of proven, end-to-end supply chain solutions fitting any business size, strategy or appetite for growth. Capable of delivering not just software, but automation, voice, robotics, and materials handling – plus the expertise to tie it all together. We are a global partner not just for today, but also as the needs of supply chains continue to evolve. Conquer supply chain complexity – with Körber. The Business Area Supply Chain is part of the global technology group Körber. Find out more on www.koerber-supplychain.com  

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Luxury brands embrace social media marketing in China

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BEIJING, Aug. 20, 2020 — A news report by China.org.cn on China’s luxury goods market:

 

On August 6, the well-known luxury brand Louis Vuitton held a fashion show in Shanghai — its first since the coronavirus outbreak. Livestreamed across multiple social media platforms such as Douyin, the Chinese version of TikTok; Weibo, China’s Twitter; and a WeChat mini program, the show drew a sizeable audience, garnering more than 50 million views on Weibo alone.

The show’s popularity reflects the impressive performance of the Chinese luxury goods market. In the face of the ongoing COVID-19 crisis, the global luxury goods market is expected to shrink dramatically, while sales of many brands in Europe and America have plummeted. However, assessments of the China’s market are far rosier. The financial reports of groups such as LVMH and Kering all show that sales in China were significantly higher than those in other regions in the second quarter of 2020.

But it is not only in the luxury goods sector; the Chinese consumer market as a whole looks promising. The financial reports of many American companies, including Tesla and Nike, reveal that the Chinese market has helped offset the damage from tumbling sales in other regions. During this tough period, China has become a lucrative market for many international companies.

The reasons behind this are that China has contained the epidemic and recovered rapidly. China is regarded as one of the world’s largest and fastest growing consumer markets. Over the past few years, household wealth in the country has risen, the middle class continues to grow, and the spending power of consumers in second-, third- and fourth-tier cities has also increased significantly; millennials and Generation Z hold enormous influence in the market with their unique consumption habits; and online shopping and multi-channel retail is shaping consumption in China in new ways. One report even predicts that China will contribute around half of all global luxury consumption by 2025, which demonstrates the country’s vast consumer market and huge potential.

It is worth noting that due to the effect of COVID-19 on travel, many of the world’s top luxury companies have responded by promoting their brands on Chinese social media platforms such as Douyin and "Little Red Book". They have posted and livestreamed frequently to attract more Chinese consumers. In fact, the pandemic has acted more like a catalyst: social networking, which promotes individuality and interconnectivity, has crept into traditional brand promotion and sales, forming a new business model and generating returns. In the future, this model will become the new normal, helping to further unleash consumption potential and stimulate economic growth.

China Mosaic
http://www.china.org.cn/video/node_7230027.htm

Luxury brands embrace social media marketing in China
http://www.china.org.cn/video/2020-08/20/content_76618686.htm

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Industry Aficionado Paul Peros Launches World’s First Tech-led Full Haircare Precision System

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NEUCHATEL, Switzerland, Aug. 20, 2020 — The world’s only precision beauty company, REDUIT, has enjoyed unprecedented growth in its first months of launching, undeniably emerging as the ‘Tesla of Beauty’.

Paul Peros CEO REDUIT
Paul Peros CEO REDUIT

Accelerating the growth of this Swiss brand is its release of 14 products in 14 weeks, with a further 13 products still to come. The patented haircare portfolio is now fully available in 40 countries worldwide, with a hotly anticipated skincare line coming soon.

Pioneered by Paul Peros, a notable global CEO, REDUIT’s vision was to reimagine the haircare category and offer a sustainable, yet powerful solution for all hair types through the use of innovation and technology to apply treatments, yet remain sustainably friendly to the planet.

"In French ‘Reduit’ means ‘reduced’; we reduce packaging, amplify results; reduce time, amplify efficacy; reduce steps and amplify beauty," says Paul Peros.

Currently available are 3 REDUIT devices to choose from (REDUIT One, REDUIT One Gold and REDUIT One Pro) which will all work with the 5 REDUIT Hairpods™, and 5 REDUIT LED Hairpods™.

Using game changing technology, innovation and Swiss design, REDUIT almost completely reduced the need for stabilizers, thickeners and fillers in haircare and created highly concentrated formulas and a revolutionary precision delivery system for amplified results.

"Most active ingredients in beauty products go to waste through inferior delivery systems. REDUIT’s technology ensures maximum performance: 38x more efficacious than traditional products, while reducing the waste by 20x. We are shaping a category which has been relatively immune to advancement in technology and innovation but we are also showing the giants how to do this and encourage sustainability at the same time," adds Peros.

In its first month of launching, REDUIT avoided over 30 tons of CO2 output compared to traditional products, and that figure is projected to near 400 kilo-tons by the end of the year, meaning REDUIT may be outperforming the beauty giants in its first year of operation.

With the current trajectory and continuing on its mission, REDUIT will have launched 25 products,including the full haircare line, and a full skincare line which is expected to include technological innovations of skincare devices powered with Skinpods™ to suit a multitude of skin types and for specific skin conditions, by the end of 2020 and available to 40 countries including China, US and UK.

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PR Newswire

South Korea’s KT Develops AI-Based COVID-19 Research

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– Korean Telecom Leader’s Proposal Accepted by Global Research Fund –

– KT’s AI, Big Data and Medical Resources Enhances Risk Assessment –

– New Project to Help KT Develop Global Epidemic Prevention Platform –

SEOUL, South Korea, Aug. 20, 2020 — KT Corp. (KRX: 030200; NYSE: KT), South Korea’s largest telecommunications company, is developing a COVID-19 infection risk assessment model, using its artificial intelligence (AI) and Big Data-based digital contact tracing technology, adding to global efforts to tackle the escalating pandemic.

The Korean telecom leader’s new pilot project is supported by the Research Investment for Global Health Technology Fund, better known as RIGHT Fund. The global research fund accepted the promising proposal by KT to develop AI-based technology that assesses COVID-19 infection risks.

"KT’s new project will help combat the pandemic globally," said Kim Chae-Hee, head of KT’s AI/Big Data division. "We at KT will do our best to help prevent COVID-19 from further spreading and raise the efficacy of medical service, using our AI and Big Data technologies for the sake of humanity."

KT plans to use the pilot project results to apply for a larger-scale, RIGHT Fund-supported project in 2021. RIGHT Fund is a global health research funding agency established in 2018 with contributions from Korea’s Ministry of Health and Welfare, the Bill & Melinda Gates Foundation and Korean life science companies to promote global public health.

For the pilot project, KT plans to assess COVID-19 infection risks by using AI and Big Data to analyze data on the movement of smartphone users and those who have been tested positive for COVID-19 and made public by the government.

"KT’s project will help developing countries, which are faced with shortages of medical resource, prevent the pandemic from spreading and conduct appropriate examinations and treatments," said Kim Youn-Been, CEO of the RIGHT Fund. "We hope that the project, taking advantage of Korea’s advanced expertise in ICT, will be carried out successfully to support developing countries in preventing, treating and managing the COVID-19 pandemic."

Mobile Doctor Corp. is also participating in this project, which is scheduled to end in February 2021. Both KT and Mobile Doctor, a provider of data-based platforms and solutions for health management, are members of a consortium conducting "A Next Generation Surveillance Study for Epidemic Preparedness," a three-year research program financed by the Bill & Melinda Gates Foundation.

KT expects the assessment model, based on identification of those who have been exposed to carriers of the novel coronavirus directly and indirectly, will help prevent further transmission of the COVID-19 pandemic while minimizing the risk of personal information leakage.

Korea’s top telecom company also looks forward to acquiring the capabilities to identify vulnerable high-risk groups in case of a second wave of the pandemic or group infections, and promote an effective use of limited medical resources, such as medical personnel and test kits.

Through the research, KT plans to further upgrade its Global Epidemic Prevention Platform (GEPP), focusing on providing information on infection risks of contagious diseases and digital contact tracing. GEPP uses Big Data and social media to give updates to travelers going to countries hit by epidemics and to track the movement of infected individuals.

At the same time, KT will help reduce the gap in the provision of medical service among different regions and different income groups in underdeveloped countries, using its information communication technology and digital capacity for research and development on health.

Eight South Korean life science companies donated to the RIGHT Fund. The fund is dedicated to addressing inequalities in health between regions and income groups around the world, through research and development for vaccines, therapeutics, diagnostics and digital health technologies, taking advantage of Korea’s advanced R&D capabilities.

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ABOUT KT CORPORATION (KRX: 030200; NYSE: KT)

KT Corp., Korea’s largest telecommunications service provider, reestablished in 1981 under the Telecommunications Business Act, is leading the era of innovations in the world’s most connected country. The company is leading the 4th industrial revolution with high speed wire/wireless network and new ICT technology. KT launched the world’s first nationwide commercial 5G network on April 3, 2019, after successfully showcasing the world’s first trial 5G services at the PyeongChang Winter Olympic Games in February 2018. This is another milestone in KT’s continuous efforts to deliver essential products and services as it aspires to be the number one ICT Company and People’s Company.

For more information, please visit our English website at https://corp.kt.com/eng/

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