Yearly Archives: 2021

PR Newswire

Event Store Cloud Has Entered General Availability

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BATH, England, June 11, 2021 — Event Store, the business responsible for maintaining the open-source database EventStoreDB and Event Store Cloud, is pleased to announce that Event Store Cloud has now entered General Availability (GA). Event Store Cloud has a comprehensive feature set, automated provisioning to AWS, GCP and Azure, a managed EventStoreDB, estimated monthly billing and more.

Event Store Cloud is already being used in Production by users in a variety of industries, from online business support to logistics tracking. With this announcement of Event Store Cloud entering GA, Event Store is looking forward to supporting more users migrating their local EventStoreDB instances to the cloud or setting up EventStoreDB instances for the first time in the platform.

"Event Store Cloud General Availability is a significant milestone both for Event Store and EventStoreDB users. We have seen tremendous interest in the Preview phase with enterprises moving into Production and many more in Test and Staging. Thanks to the teams participating in Event Store Cloud Preview, your feedback has been super valuable. EventStoreDB is seeing remarkable growth and has ambitious plans. Event Store Cloud is key to making it easier and safer to adopt and run your ‘source-of-truth,’ critical, production workloads," says Dave Remy, CEO at Event Store.

Event Store Cloud allows access to a managed version of EventStoreDB, with features including a non-lossy, immutable, context-preserving database structure, optimistic concurrency checks, and great performance that scales. With Event Store Cloud, users have access to all these features securely through their own cloud resources.

It’s a fully managed service that’s designed to make it easy for developers to build and run highly available and secure applications that incorporate EventStoreDB without having to worry about managing the underlying infrastructure. It’s fully compatible with the existing EventStoreDB database product, enabling existing users to easily adopt the solution.

About Event Store Ltd

Event Store Ltd is the company responsible for the development and commercial support of the EventStoreDB open source database technology, the leading solution for event persistence within event-sourced applications. Visit the company website to find out more.

Get in touch

If you would like to talk to Event Store about this press release or find out more about the company or Event Store Cloud, please contact Dan Crosby (Digital Marketing Manager) or use the contact form.

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Event Store Cloud
Managed EventStoreDB on AWS, Azure, and GCP

PR Newswire

JD.com and Dada Group Jointly Publish White Paper, “Chinese On-Demand Consumption Trends Report 2021”

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Features proprietary insights into the latest on-demand economy trends in China

Highlights key growth opportunities and near-term challenges in China’s rapidly growing hyperlocal e-commerce industry

SHANGHAI, June 10, 2021 — JD.com, China’s leading technology driven e-commerce company and Dada Group ("Dada"), a leading platform of local on-demand retail and delivery in China, jointly published a white paper today titled, "Chinese On-demand Consumption Trends Report 2021." Featuring proprietary insights into the latest on-demand economy trends in China, the report highlights the key growth opportunities and near-term challenges in China’s rapidly growing on-demand and hyperlocal e-commerce industry.

On Mar. 22, Dada announced that JD.com will increase its stake to 51% by investing a total of US $800 million in newly issued ordinary shares. Leveraging JD’s devoted strategic support, Dada will better fulfil demands for local on-demand retail and its delivery on JD, covering various scenarios and categories, and expand the omni-channel cooperation with JD.


The report includes detailed data on consumer demand trends and market penetration and growth rates based on the billions of orders fulfilled by JDDJ, Dada’s on-demand retail platform, and Dada Now. JDDJ, a partnership between Dada Group and JD.com, is one of China’s largest integrated digital solutions providers bringing traditionally offline retailers, such as supermarkets, flower shops, beauty brands, and other local stores, online. Dada Now is China’s leading local on-demand crowdsourcing delivery platform covering more than 2,700 cities and counties, providing customers with one-hour delivery for groceries, cosmetics, electronics, smartphones, medicines and more.

"The unprecedented growth of China’s on-demand economy in recent years, particularly its accelerated momentum through COVID, is revolutionizing consumer behaviour across China." said Huijian He, Vice President of Dada Group. "The rise of on-demand, hyperlocal one-hour delivery of goods, has transformed the retail industry and increased consumers’ expectations for a best-in-class shopping experience. With significant consumer demand in first- and second-tier cities, and large and rapidly growing demand in lower-tier cities, retailers, on-demand retail platforms and delivery services are increasingly competing for higher speed, flexibility and convenience across the on-demand economy. With millions of riders across thousands of cities and regions in China, Dada Group is actively working to meet this demand and we are excited to continue our growth as we expand to new geographies and enter new partnerships with stores, retailers and brands."

Hui Liu, Chief Data Officer at the JD Big Data Research Institute, commented, "We are excited to issue this white paper, which provides our first-hand data-driven observations and insights based on the billions of orders fulfilled each year by JDDJ and Dada Now. We look forward to leveraging this data to continue to drive innovation across our platform as we deliver the speed, flexibility and convenience that consumers are increasingly demanding and realize the numerous growth opportunities in China’s on-demand economy. JD.com and Dada Group are uniquely positioned to benefit from this recent paradigm shift in the commercial and retail landscape in China." 

The white paper’s key findings include:

On-demand consumption is here to stay

The onset of the coronavirus pandemic and stay-at-home mandates drove widespread consumer adoption of technology solutions to facilitate the on-demand delivery for daily household products. While fresh food is, by far, the largest segment of the on-demand delivery, accounting for 70% of daily consumption according to a user survey by JDDJ, other areas such as electronics, beauty products, and clothes have increased dramatically in 2021, with year-on-year growth rates of:

  • Dairy: +120%
  • Personal Hygiene: +114%
  • Snacks: 91%
  • Maternity and Baby care: 90%

Millennials are still the most prevalent consumer group, making up 50% of the on-demand economy, with female consumers born after 1980 as the most dominant consumers, representing 67% of the on-demand market. That said, the market is attracting an increasingly diverse group of consumers, by both age and region. The white paper details how the number of male consumers has jumped by to 33% in 2021, up from 25% in 2018, while the proportion of middle-aged and elderly users (40+ years old) has increased to 28% in two years, up from 22% in 2019. 

In addition to the significant expansion in customer demographics, on-demand consumption is rapidly expanding to new markets, including increased penetration into lower-tier cities, particularly in the Midwestern region of China, where the local residents demand one-hour hyperlocal e-commerce delivery. In the fourth quarter of 2020, gross merchandise value (GMV) of JDDJ in lower-tier cities soared 150% year-on-year. In 2020 alone, the proportion of users in lower-tier cities increased by 26%. According to JDDJ’s sales from the 415(April 15) Anniversary Shopping Festival, which covered more than 1,500 cities and counties across China, 90% of merchants that joined JDDJ for over a year saw sales double year-on-year.

The on-demand market continues to grow exponentially across China. The top three regions in terms of on-demand consumption orders are South, North and Southwest China, accounting for nearly 70% of all orders. Orders in southwest China accounted for nearly 20%, overtaking East China to rank third. Among them, Sichuan is a major province in terms of on-demand consumption, with orders accounting for nearly 10%.

The rise of out-of-home and out-of-hour on-demand spending

Driven by easing lockdowns and an increasing focus on connecting people with a wider array of products, post-pandemic on-demand consumption in China has experienced a shift from households (74%) to workplaces (8%) and educational institutions (3%), which is further extending to recreational venues, including fairgrounds, tourist hotspots and parks. 

There is also significant demand for 24/7 on-demand services, and those businesses serving late-night (12 pm – 2 am) customers are reaping the benefits from a new wave of customers who want reliable delivery service outside of traditional business hours.

Omnichannel retailing on the next level

China is leading the way in omnichannel retailing. A new wave of transformational change of omnichannel retailing is underway, fuelled by the integration between traditional e-commerce, offline retailers and on-demand retail platforms to meet the customer demands for a more diversified shopping experience. 

In the era of hyperlocal e-commerce, one-hour delivery has become the new normal and it is quickly emerging as a major channel for supermarkets and grocery chains to win business. Leveraging the highly efficient logistics networks of on-demand retail platforms, a growing number of offline retailers and brand owners are cooperating closely with on-demand platforms like JDDJ and Dada Now to establish delivery channels for their customers, while benefiting from their enormous online traffic pool to increase foot traffic in brick-and-mortar stores.

On-demand Services

Service consumption in China is steadily increasing and on-demand retail platforms are partnering with brick-and-mortar stores to offer consumers value-added on-demand services. JDDJ is the first platform in the industry to create a nationwide credible delivery service, providing delivery services for high-value orders. Many on-demand platforms have started bringing mobile phone trade-in services to the customers’ doorstep, saving the time and effort of visiting a retail store.

"Minutes-level" delivery is on its way

The digital neighborhood stores will give birth to so-called "minute-level" delivery. This allows users to choose a nearby store to place an order at based on their GPS location, after which the delivery rider will pick up and deliver the goods within the user’s neighborhood. The entire hyperlocal e-commerce process is completed within a few short minutes.

Dada is pioneering one-hour delivery services in China, available to consumers in more than 2,700 cities and counties across the country. With its extensive logistics networks and delivery infrastructure, Dada works in tandem with JDDJ to shorten delivery times. As a result of this joint effort, the average delivery time of on-demand orders has been reduced by 17% compared with 2019, with the fastest deliveries taking less than 10 minutes.

Related Links :

http://imdada.cn

iOS, Lifestyle, Mobile, News

[WWDC 2021] Apple Launches iPadOS 15 – Not Just an Enlarged iPhone Anymore

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Apple’s iPadOS has always been very closely related to the iOS. After all, when iPad first launched it was running the regular iOS that was enlarged and optimised for larger displays at 9.7-inch. Over the years though, the iPad had its own development team, and the platform grew very quickly into something rather special on its own. In 2021 then we have the iPadOS 15 for the modern Apple iPad.

The iPadOS 15 really shows the maturity of the iPad tablet platform. It still shares some features with the iOS, especially iOS 15 that was also launched in the same WWDC 2021 conference. It shares the privacy and security features, for example. It shares the same Siri and on-device intelligence as well with iOS 15. But iPadOS 15 is a lot more than that too.

The Widget Life

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    Source: Apple
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    Source: Apple

For one, widgets has been improved on iPadOS 15. While widgets has been a thing on Apple’s mobile devices, it really comes to its own on iPadOS 15. You can now move and place your widgets anywhere on your home screens to really place the things that matter to you most on your front page.

App Library

When you place widgets though, there might be less room for app icons to be on your home screen. That means you end up with more home screens than you need. That has always been an issue with Apple’s interface. With iPadOS 15 though there is now an App Library. You can now delete apps from your home pages and store these apps for later use in the App Library, kind of like the App Drawer from Android. Actually, it works exactly like that.

Better Multitasking, More Productivty

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    Source: Apple
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    Source: Apple
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    Source: Apple
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    Source: Apple
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    Source: Apple

Multitasking on the iPadOS is also improved in iPadOS 15. It is plenty more intuitive with a dedicated multitasking button that allows you to launch apps or put apps in split screen mode or in Picture-in-Picture mode. Plus, the multitasking bar allows you to monitor and access all the apps you currently have open. You can close apps from the same page too.

Taking notes on the iPad has always been the natural ground of iPad, especially when Apple introduced their Apple Pencil.  Notes on iPadOS 15 is a lot more intuitive than before though with the addition of Mentions. While Mentions is not something you use when you do not share Notes with others, it helps a lot when the Notes is meant to be shared with other people or your working team. You can create the notes while tagging another person to either assign the work to the person, or to point out the person in-charge of the notes. To make things easier to find, you can add tags too. Just a simple hashtagging of keywords basically to make the notes easier to navigate and to surface important notes.

With Apple Pencil too, iPadOS 15 becomes an essential work tool especially when you are on the move. With the Pencil, you simply swipe up from a corner to bring up quick notes to jot down things like phone numbers, or any other important information quickly and seamlessly. When you browse through the web on Safari, and you find something that would catch your interest, you simply swipe up to bring up quick notes and the option to copy down the website URL will appear. You can even copy sentences or segments of the website with links on notes.

Language Barrier? Not Anymore

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Source: Apple

The Translate app also comes to its own in iPadOS 15. You can now have a natural flowing conversation with other people even if you are speaking different languages now with iPadOS 15. Your iPad automatically translates conversations for you in real-time. Translate also now works with every other thing within the iPadOS ecosystem. It does not stop there though; your iPad is now also your language coach to practice handwritings.

Swift Playgrounds

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    Source: Apple
  • Apple iPadPro iPadOS15 swiftui fullscreen app 060721
    Source: Apple
  • Apple iPadPro iPadOS15 swiftui submit to store 060721
    Source: Apple

To really fulfil the potential that the iPad platform has to offer now though is something Apple calls the Swift Playgrounds. The Swift Playgrounds is Apple’s coding platform the Apple’s own coding language. With the iPad’s Swift Playgrounds, you can either learn to code, or develop a new app from the ground up with the built-in SDK. You can even simulate apps for different platforms with Swift Playgrounds, which also adds a layer of productivity and function for the iPad. If you have Apple’s iPad Pro with M1 chip, this is one of the most sensible additions to the iPadOS.

Availability

Apple’s iPadOS 15 is now available as preview on iPads equipped with Apple A12 Bionic chips or later. The full OS update will be available later in Fall 2021. For more information on Apple’s iPadOS 15, you can visit Apple’s Website.

PR Newswire

Enamine implements CDD Vault to digitalize its integrated medicinal chemistry, ADME-PK and screening services

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The company’s expansion in the biological assay space aided by the data platform

SAN FRANCISCO and KYIV, Ukraine, June 10, 2021 — Enamine, a leading provider of R&D Services as well as Screening Compounds, Fragments, Building Blocks and specialized libraries for Drug Discovery, announced today that it had implemented Collaborative Drug Discovery’s CDD Vault to manage its biological assay data. The platform will enable seamless and secure exchange of information between Enamine and its partners in pharmaceuticals, biotechs and other organizations conducting drug discovery research.

Enamine offers a sizable portfolio of R&D services to support complex medicinal chemistry and biology programs. These services include a wide range of bioanalytical, molecular screening and other custom biological study services.

The company is undergoing an ambitious expansion in the markets it serves by adding expert scientists to the team and adopting new technologies such as CDD Vault.

The CDD Vault hosted research data management platform will complement the suite of advanced software tools already deployed at Enamine. CDD Vault enables users to store, manage, and analyze chemical compounds and biological assay data. Enamine’s extensive collaborations across the globe will benefit from the intuitive, collaborative platform and secure data sharing mechanism.

"Managing biological assay data with CDD Vault is straightforward, avoids mistakes and helps with the overall quality control of the studies. The platform enables us to share data with partners in real-time and discuss results and propose follow-ups.  We are laser focussed on providing accurate results, added know-how and superior value to our customers," said Dr. Petro Borysko, Director of Biology at Enamine, "We have integrated CDD Vault via the API with our in-house software, which makes the whole data management process very smooth and easy, maximizing the quality of the data".

"Enamine has one of the most impressive compound libraries in the world, and we are delighted to support the expansion of their biological study services. Their world-class team of biologists combined with advanced laboratories can greatly accelerate drug discovery programs", said Dr. Mariana Vaschetto, CDD’s Head of Operations EMEA/LATAM, adding that, "The collaborative nature of CDD Vault makes it the ideal platform for CROs. At the same time, its ease of use allows fast user adoption, an essential requirement for service-oriented organizations."

About Enamine

Established in Kyiv in 1991, Enamine (https://enamine.net) is a global leading designer and largest producer of building blocks, fragments and screening libraries. Enamine provides expertise in advanced organic synthesis, library synthesis, medicinal chemistry. In 2011 Enamine established a pre-clinical service unit including ADME, in-vivo PK studies and High Throughput Screening allowing the company to tackle since that time fully integrated or à-la-carte research programs.

About Collaborative Drug Discovery, Inc.

CDD’s (https://www.collaborativedrug.com/) flagship product, "CDD Vault®", is used to manage chemical registration, structure-activity relationships (SAR), and securely scale collaborations. CDD Vault® is a hosted database solution for secure management and sharing of biological and chemical data. It lets you intuitively organize chemical structures and biological study data, and collaborate with internal or external partners through an easy to use web interface. Available modules within CDD Vault include Activity & Registration, Visualization, Inventory, and ELN.

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Related Links :

http://www.collaborativedrug.com

Mobile, News

Huawei Brings the New 12.6-inch MatePad Pro to Malaysia

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Huawei recently announced their new MatePad Pro series internationally. The new tablet is Huawei’s latest take on a productivity centered tablet and it’s making its way to Malaysia. The new tablet goes up for pre-orders starting today, June 10 2021.

Enhance Your Productivity

The Huawei MatePad Pro comes with a relatively large 12.6-inch OLED display which comes with a WQHD+ resolution of 2560×1600 pixels. The tablet’s high-resolution display comes in a slim body measuring only 6.7mm thick. The slim body and large display allow users to get more done; especially with Huawei’s implementation of multiwindow which allows users to use more than one app at a time. Enhance your productivity further by pairing the tablet with the new magnetic keyboard or M-Pencil.

Huawei MatePad Pro 2021 007

Huawei has built the MatePad Pro with the thinnest bezels for the best viewing experience. The 90.1% screen to body ratio allows for an uninterrupted viewing experience. The MatePad Pro is also one of the first tablets to come with a professionally calibrated display. The OLED display has an ∆E lower than 0.5. This allows users to use the tablet for colour sensitive work without lugging around a heavy professional, purpose-built laptop. Using the tablet for long hours shouldn’t be an issue either as it comes with Eye Comfort mode. The lowered blue light emissions help reduce eye strain and fatigue.

Huawei MatePad Pro 2021 006

You can even use the MatePad Pro as an extension of your PC with the many features that Huawei has built into it. The tablet can now bridge the gap between your devices. The Tablet-PC multiscreen collaboration capabilities allow you to use the tablet as an extension of your PC or even a collaborative surface. The Mirror, Extend and Collaborate Modes allows you to decide what works for your workflow. Files can even be transferred wirelessly between devices by simply dragging and dropping.

Power-packed to Relax & Unwind

That said, the Huawei MatePad Pro isn’t just a workhorse. The tablet can also be your companion even when you relax and unwind. The display and built-in Harman/Kardon tuned speakers allows users to lose themselves in their content. The screen will also adapt and optimise according to the content displayed thanks to Huawei’s ClariVu technology. Gaming on the tablet will take advantage of the vibrant colours of the OLED panel while the speakers will produce immersive sounds to complete the experience.

  • Huawei MatePad Pro 2021 001
  • Huawei MatePad Pro 2021 002

The MatePad Pro comes with the new Kirin 9000E processor which is power efficient and packs a punch! It will be able to handle almost anything thanks to the enhanced efficiency of the Neural Processor and the synergistic tuning of the overall SoC. Paired with 8GB of RAM and 256GB of onboard memory, the tablet is built for both work and play. The new tablet also supports WiFi 6 for better connectivity and with the large, 10,050mAh battery with 40W SuperCharge, you’ll be ready for all-day performance.

Pricing & Availability

The 12.6-inch Huawei MatePad Pro will be available in Matte Grey in only the 8GB and 256GB configuration. It will retail for MYR3,999 (USD$971.05).

Huawei MatePad Pro Pre order

The MatePad Pro will be available for pre-order starting today, 10 June 2021, from the Huawei Store Online, Huawei Experience Stores, Lazada and Shopee. Pre-orders will come with freebies worth up to MYR1,747 which include the 2nd Generation M-Pencil, the Huawei Magnetic Keyboard and more.

Pre-order & Win

Users who pre-order the tablet can also stand a chance to win another MatePad Pro with the 2nd Generation M-Pencil. Simply head to the Huawei Store Online and answer the questions correctly, submit your order number and submit the required information. Winners will be announced on Huawei Mobile Malaysia’s Facebook page on 21 June 2021 at 2pm. Submissions close at 11:59pm on 17 June 2021.

PR Newswire

Red Date Technology, Architect Behind the Blockchain-based Service Network (BSN), Closes Landmark ‘Series A’ Funding

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USD30 Million Series A Equity Financing Led by Global Investors Prosperity7 Ventures and Kenetic

HONG KONG, June 10, 2021 — Red Date Technology, the architect behind the world’s largest blockchain connectivity network, the Blockchain-based Service Network (BSN), announced that it has completed USD 30 million Series A equity financing.

The round was led by Prosperity7 Ventures (the diversified growth fund of Aramco Ventures), and Hong Kong-based blockchain investment firm Kenetic. Other participants include Bank Pictet (Switzerland), investing on behalf of its clients, and Bangkok Bank.

According to Aysar Tayeb, Executive Managing Director of Prosperity7 Ventures, "The BSN is a pioneering initiative that can accelerate both the development and adoption of blockchain technology and applications. We are thrilled to support Red Date and be a part of the BSN initiative and the positive value it will create."

The BSN is a global network enabling connectivity between public and private blockchains. It reduces the cost and improves flexibility, interoperability and efficiency, making blockchain services accessible to SMEs and individual developers worldwide.

According to Yifan He, CEO of Red Date, "The Internet’s Golden Age was only made possible when the cost of building websites was reduced to near zero. The BSN makes the cost of creating and running applications exceptionally low, with the added benefit of multi-frameworks and interoperability, and larger customer bases."

"The BSN is the foundation of global blockchain adoption and will succeed through an alliance of public and private partnerships and technologies, supported by a world-class engineering team and unprecedented enterprise and sovereign backing." noted Jehan Chu, Founder and Managing Partner of Kenetic.

The BSN International, the governing body of the global network outside China, will be established as a Singapore-based foundation and governed by a consortium of multinational corporations and financial institutions to ensure the global network is operated by international standards. Separately, the BSN Development Association of China will operate and manage the domestic network onshore in full compliance with local laws and regulations.

As part of its commitment to transparency, the BSN codebase will be fully open sourced within the foundation in the coming months and to the public within 3 years.

"For BSN to succeed globally, BSN International’s governance and development must be open and transparent, which is an area where our international shareholders and partners can provide strong support." He added.

PR Newswire

Planful Debuts “Predict: Signals,” a Native AI and ML Anomaly Detection Technology for FP&A

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Predict Signals Gives FP&A Teams Unmatched Confidence and Strategic Insight to Drive Greater Business Impact

REDWOOD CITY, Calif., June 10, 2021 — Planful Inc., the pioneer of financial planning, analysis (FP&A), and consolidations cloud software, today announced the launch of “Predict: Signals,” the first of a range of product releases in the Planful Predict portfolio, a suite of native artificial intelligence and machine learning (AI/ML) products that will be released in 2021 and beyond.

Predict: Signals, a native Al/ML anomaly detection technology, eliminates the need for a detailed manual review of data, ensuring forecasts are accurate and alerting the business to outliers in data. The solution checks for abnormalities, identifies patterns, and augments planning and decision-making efforts with intelligent forecasts and recommendations, using a native AI/ML engine.

“Incorporating AI/ML into the Planful platform is incredibly beneficial to companies at many different levels,” said Glenn Snyder, Head of FP&A at Global Growth Holdings. “Predict: Signals has the potential to have a significant impact for Planful customers as they adopt this new technology. This range of Predict tools has the capability to dramatically improve the efficiency and accuracy of finance processes, allowing finance teams to focus on greater value-add and higher-impact work.”

In addition to Predict: Signals, Planful Predict will expand over time to encompass a full suite of native AI/ML solutions that enhance forecasting, empowering business users to accelerate insight-driven decisions in a smooth-flowing environment. At its core, the suite is being designed to help finance and accounting professionals make confident and intelligent financial decisions with greater agility and accuracy.

“The Planful Predict suite of applications will further modernize how finance and accounting professionals accomplish their work through three key attributes,” said Grant Halloran, Planful’s Chief Executive Officer. “First, as a super-powered digital assistant that operates like a million sets of extra eyes, 24/7, searching for anomalies in financial data. Second, as a technology that supports, yet doesn’t replace the skills of intuitive human planners and analysts. Third, as a frictionless aid that is native in the platform at the point of need, thus eliminating the need for third-party AI. Predict: Signals has the ability to augment a user’s efficiency in data signal detection by orders of magnitude.”

Predict: Signals can surface hidden errors and anomalies in huge volumes of data that may require further investigation by a human and present recommendations for corrective action.

“The ability for FP&A professionals to quickly and collaboratively use a wide range of trusted business data–not just financials–has become increasingly important to improve the business value of planning and budgeting,” said Robert Kugel, Senior Vice President and Research Director at Ventana Research. “The application of AI to planning will become increasingly important over the next five years. AI will enable companies to improve their planning and decision-making by, for example, identifying prediction signals that can improve forecast accuracy or quickly spot anomalies in plans or results.”

To learn more about the Planful Predict suite and inquire about a demo of Predict: Signals, click here.

About Planful
Planful (formerly Host Analytics) is the pioneer of financial planning & analysis (FP&A) and consolidations cloud software. The Planful platform is used by the Office of the CFO around the globe to streamline business-wide planning, budgeting, consolidations, reporting, and visual analytics. More than 800 customers, including Boston Red Sox, Del Monte, TGI Friday’s, and 23andMe, rely on Planful to accelerate cycle times, increase productivity, and improve accuracy across the end-to-end FP&A process. Planful is a private company backed by Vector Capital, a leading global private equity firm. Learn more at www.planful.com.

Contact
press@planful.com

Additional Resources
Hear from Planful customers
Explore FP&A use cases
Discover Continuous Planning
Join the conversation on social media: LinkedIn, Twitter, or Facebook.

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PR Newswire

Global Trade Defies Expectations in 2021 and Drives Recovery, Finds Latest DMCC Report on the ‘Future of Trade’

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The US-China relationship will be central to the shaping of global trade

Uptake of technologies will continue to transform global trade and trade financing

A new age of protectionism identified as a key risk

Sustainability remains top of the political and corporate agenda, despite the pandemic. Carbon pricing is set to emerge as a key global issue.

Full report can be accessed here: www.futureoftrade.com

DUBAI, UAE, June 9, 2021 — Global trade will rebound in 2021 after showing surprising resilience in 2020 despite the economic challenges posed by the pandemic, according to DMCC’s latest special edition Future of Trade 2021 report titled, "Defying predictions and driving the post-pandemic economic recovery."

To view the Multimedia News Release, please click:  https://www.multivu.com/players/uk/8910051-global-trade-defies-expectations-in-2021-latest-dmcc-report-future-of-trade/

The report released today highlights that global trade will underpin strong global economic growth in 2021 and beyond, with the US and Chinese economies leading the way. This growth has defied expectations of double-digit annual declines, which had been estimated between 13-32% by the World Trade Organisation. For example, Dubai, a major trade hub, saw its foreign trade growth rebound significantly in 2020, despite the economic challenges posed by the COVID-19 pandemic, with the second half of 2020 seeing a particularly strong jump in trade volumes, of 6% year-on-year. Dubai’s overall export values jumped 8% in 2020, on an annual basis. 

Ahmed Bin Sulayem, Executive Chairman and Chief Executive Officer, DMCC, said: "In 2020, the outlook for global trade was bleak as the world sought to grapple with the impact of the pandemic. Today, the picture is much more positive, as evidenced by the findings of our latest Special Edition Future of Trade – 2021 report. But while global trade has shown its resilience, it is simultaneously in the midst of profound change. Technology, changing consumer behaviours, the drive to combat climate change, and geopolitics will all be key contributors to its reshaping in the years ahead. In this context, our research puts forward a number of tangible recommendations to governments and businesses seeking to navigate this new landscape and accelerate the recovery from the pandemic."

According to the research, the most transformative element of the global trade outlook is technology. Blockchain, decentralised finance (DeFi) and other new and disruptive technologies will further accelerate trade growth. For example, DeFi protocols have seen a considerable amount of funds invested. Since the start of 2021 alone, the total value locked into DeFi has tripled from approximately USD 20bn to USD 60bn. As digital infrastructures grow, they will continue to accelerate a ground-breaking shift in trade from the national to the global.

On the geopolitical front, fears of protectionist policies persist and are propelled by ongoing US-China trade tensions, rising economic nationalism, and the widening economic disparity between lower and middle-income economies. Alongside this, in a significant development for sustainability and global trade, the EU’s drive to harness a carbon pricing practice, under the anticipated Carbon Border Adjustment Mechanism (CBAM), or "Carbon Pricing," has been criticised as a form of protectionism, and as such, has the potential to further exacerbate existing geopolitical tensions. The findings suggest that while a "new age of protectionism" is a key risk in the wake of the pandemic and increasing discussions around US-China decoupling, outright protectionism will be kept at bay because it is costly, unpredictable, and impacts jobs. Instead, economic nationalism is more likely to occur.

While there were fears that the pandemic would see sustainability drop down the political and corporate agenda, that has not been the case. Rather, China, Japan, the US, South Korea and Canada are among nations to have announced more aggressive net zero targets. Further, companies and investors have ramped up their sustainability efforts and they are set to grow exponentially in the years ahead. For its part, CBAM has the potential to significantly disrupt international trade and raises questions around how to accurately measure emissions from complex supply chains. Once again, technology and artificial intelligence may provide at least part of the answer for companies and governments seeking to make accurate assessments relating to sustainability within their trade agendas.

During the launch event, global trade experts joined a panel discussion to share their views on the report. Panellists included Khatija Haque, Head of Research & Chief Economist, Emirates NBD; Roberta Piermartini, Chief of Trade Cost Analysis, World Trade Organisation; Yanislav Malahov, crypto and blockchain technology expert and Founder of Aeternity; and Marcus Treacher, Chief Executive Officer of CB Investment Growth Holdings and Board Member of Clear Bank and RTGS Global.

To read the full report by DMCC, please visit: www.futureoftrade.com.

About DMCC

Headquartered in Dubai, DMCC is the world’s most interconnected Free Zone, and the leading trade and enterprise hub for commodities. Whether developing vibrant neighbourhoods with world-class property like Jumeirah Lakes Towers and the much-anticipated Uptown Dubai, or delivering high performance business services, DMCC provides everything its dynamic community needs to live, work and thrive. Made for Trade, DMCC is proud to sustain and grow Dubai’s position as the place to be for global trade today and long into the future. www.dmcc.ae

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Download the future of trade report by DMCC www.futureoftrade.com
Download the future of trade report by DMCC www.futureoftrade.com

 

 

 

Related Links :

https://www.dmcc.ae

Accessories, Lifestyle, Mobile, News

Sony Launches the WF-1000XM4 Truly Wireless Noise Cancelling Headphones

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When Sony introduced the world to the WF-1000XM3 last year, it was rated as one of the best truly wireless headphones that you can buy. There is little doubt to that claim and why it is so. The WF-1000XM3, the second-generation noise cancelling truly wireless earbuds from Sony packed arguably the best noise cancelling technologies in the world. It came with battery life longer than anything you can find in the market too at the same time without compromising on audio quality and fidelity. That is why we decided to own one.

To live up or replace the WF-1000XM3 then is no mean feat. It looks like Sony has done so though in their new WF-1000XM4. Except, the changes might not be too much around sound quality but more around additional features instead.

Integrated Processor V1 – Better Noise Cancelling

  • Source: Sony
  • Source: Sony

That is not to say that they have skimmed on trying to make it sound better. They developed a new processing chip for the WF-1000XM4, the Integrated Processor V1. It is supposed to be cleverer than the Mark III’s QN1e processor and more powerful, at least for this form factor. That also means better noise cancellation algorithms, supposedly. Alongside two noise sensors, noise cancelling is a lot more accurate too. The new chip is also a little more power efficient than the older chip, which explains the slightly more compact body.

Redesigned 6mm Drivers

To improve sound quality, a newly designed driver unit now boast 20% more magnet volume for increased low-end power for that much needed bass line. The driver is still the same size at 6mm though, that also means that it should be as power efficient as before. But this also means that noise cancellation can be even more precise with better low-end anti-noise reproduction from the drivers. They have also redesigned the Noise Isolation Tips to be more durable and more comfortable as well as reducing outside noise. The new processor even detects wind and automatically cancels it out.

Hi-Res and LDAC support with DSEE Extreme

  • Source: Sony
  • Source: Sony
  • Source: Sony

Sony is known for their Hi-Res audio, so it was a little funny when Sony did not include the Hi-Res certification to the old WF-1000XM3. On the new Sony WF-1000XM4, that changes. It now supports High-Resolution Audio Wireless and all this is thanks to the now inclusion of Sony’s brilliant LDAC technology. With up to 990kbps of data transfer speed, high-resolution audio can easily be transmitted to the headphone with minimal loss. Latency might also be improved on the headphones.

DSEE (Digital Sound Enhancement Engine) Extreme also finally makes it to the WF-1000XM4. The technology upscales music in real time on device to deliver even better sounding music than you are probably used to with Bluetooth Headphones. The technology fills gaps and restores any lost ranges and dynamics in music to deliver a richer and more complete audio experience.

Better Conversations with Speak-to Chat and Bone Conduction

Of course, the speak-to-chat function makes it to the WF-1000XM4. You can quickly start a conversation and the WF-1000XM4 automatically cuts music volume just so that you can easily order your favourite coffee or have a quick conversation with your friends. If you want to just quickly turn down the volume to hear announcements, simply place a finger over the left earbud. Of course, just like any older Sony headphone, Adaptive Sound Control is supported on this pair of headphones too.

Using the WF-1000XM3 for phone calls have not been its strongest suit. That is also about to change with the WF-1000XM4 though. Sony fitted the wireless headphones with Precise Voice Pickup technology and bone-conduction sensors to clearly and more accurately pick up your voice for calls. Additionally, beamforming microphones focuses on only picking up voices coming from your mouth and rejects unwanted noise from the background.

Compact, Comfort, Long-Lasting

  • Source: Sony
  • Source: Sony
  • Source: Sony
  • Source: Sony
  • Source: Sony
  • Source: Sony

Besides being 40% smaller, the case is also a wireless charging unit. That also means you can lose your cables and just place your WF-1000XM4 on your existing wireless charger to get it up and running the next round you move out. Smaller case also means smaller earbuds at 10% reduction compared to it predecessor.

Speaking of size though, an earbud’s fitting in your ear is everything to get the best audio experience. Sony’s Headphone Connect App now helps you find the best fitting earbud tip size by measuring your ear size just with a simple photo. A perfect fitting earbud tip also helps with long term comfort, of course.

Finally, the Sony WF-1000XM4 truly wireless headphones are IPX4 certified. That also means that the headphones could be your perfect exercise buddy. Just do not take it swimming. On top of that, you can be sure that your earphones can continue playing your favourite tracks from the gym to the office and even to home with 8 hours of use. The case gives you an additional 16 hours of battery life to give you a total of 24 hours in battery life.

Simpler Than Ever

Connecting the Sony WF-1000XM3 was not exactly a difficult affair, but the WF-1000XM4 is easier than ever to connect to your devices. With Google’s Fast Pair features, you only need to open the case and you are one tap away from connecting your Android smartphone to the headphones. Even Microsoft’s Windows gets some love with Microsoft Swift Pair for the WF-1000XM4 to quickly pair with Windows 10 devices.

Availability and Price

The Sony WF-1000XM4 will be available in Malaysia mid-July 2021 onward. You can get your hands on for MYR 1,099. You can also pre-order yours now until 15th July 2021. Like the older WF-1000XM3, there are only two colour options – black or silver. Pre-orders can be made at Sony Store The Curve and KLCC, Sony Store Online, and Sony’s authorised stores across the nation. For more information on the Sony WF-1000XM4 truly wireless headphones with noise cancelling capabilities, you can visit Sony’s website.

PR Newswire

CellPoint Digital to disrupt payments in new sectors following outstanding success with Airlines

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Payment orchestration leader will boost digital revenues in retail, online gaming, online education and entertainment & media.

LONDON, June 9, 2021 — CellPoint Digital, a fintech leader in payment orchestration for travel, today announces it is now offering its market leading platform to new markets, including retail, online gaming, online education, and entertainment & media to boost digital revenues through an optimised payment service.

CellPoint Digital will capitalise on increased demand for payment orchestration from these verticals by partnering with rapidly expanding brands to deliver better, more frictionless payment experiences for customers through its Velocity Payment Orchestration Platform. The platform is uniquely suited to address the changing needs of modern merchants, allowing for dynamic transaction routing to reduce costs and minimise rejection rates, and offering access to a global payment eco-system of about 500 payment options, including acquirers, Payment Service Providers and payment methods through a single integration point. As retail, online gaming and education or content streaming markets continue to develop, CellPoint Digital aims to export these efficiencies to these new sectors. On average, this means merchants can expect 10% increased digital revenue, 20% decreased payment costs and 75% faster time to market to roll-out a new payment method or feature.

The move comes after several years of expansion and innovation in the travel sector and a series of successes in 2020, despite the pandemic, which saw CellPoint Digital achieve a record volume of Apple Pay transactions for Southwest Airlines and deliver its unique Payment Orchestration Platform to Cebu Pacific. CellPoint Digital was also recently chosen by the Latin American travel brand, Avianca – the world’s oldest commercial airline – to manage its entire Payment Orchestration Platform – a project that is being referred to as the most ambitious of its kind in the industry to date.

As more customers embrace digital payments, sectors such as retail, online gaming and entertainment will face a challenge in having to meet the growing demands from consumers for better, more flexible payment options. Figures from finder, for example, revealed that Buy Now Pay Later (BNPL) services have grown 39% year on year.

CellPoint Digital CEO, Kristian Gjerding is excited to bring their experience in the airline sector to help merchants in new verticals: "At its heart, our mission is to make payments easier for merchants and their customers. From cross-border transactions to rolling out proliferating alternative payment methods, we know from experience that international brands like global airlines face critical payment challenges to grow their digital profits. Our experience working with international airlines, probably the most complex retailers, means that we know how to help merchants quickly and affordably expand into new markets while optimising all their payments and streamlining their payment operations. This know-how will be invaluable as brands in growing sectors such as retail, subscription entertainment and online gaming look to expand into new international markets.

"Simultaneously, we look forward to supporting the rebound of the travel and hospitality sectors – those that have been hardest hit by the pandemic – as they will emerge from global lockdown with the roll-out of the vaccination. As the travel markets are reopening, CellPoint Digital’s leading payment orchestration platform will be on hand to facilitate the adaptation to new travel routes and ultimately best serve their customers in their selected destinations."

About CellPoint digital 

CellPoint Digital makes payments easier™ for airlines, travel companies and other international merchants and their customers. 

CellPoint Digital is a fintech leader in payment orchestration. Our main solution is a powerful omni-channel Payment Orchestration Platform that optimises digital payment transactions, from cards or alternative payment methods, and accelerates the deployment of new payment options. Merchants can easily scale their own payment eco-system across the world, unify the customer payment experience across their website, mobile apps and other channels, optimize the routing of each transaction, increase conversion rate and minimise payment costs. CellPoint Digital also provides an end-to-end digital commerce platform to airlines that masters the entire customer sales cycle and maximises the conversion rate.

CellPoint Digital has offices in Copenhagen, Dallas, Dubai, London, Miami, Pune and Singapore. Visit www.cellpointdigital.com to learn more. 

 

Related Links :

http://www.cellpointdigital.com