INCHEON, South Korea, April 14, 2022 /PRNewswire/ — Cardio (Cardio Healthcare Inc.) is launching Metabike, the world’s first metaverse & gaming integrated home fitness bike for use on tablet & smart TV. This next-gen indoor bike features built-in game controllers to give users full gaming functionality and IoT pedals which track real speed, torque, and workout distance to control the movement of the in-game avatar.
Metabike combines Move-to-Earn (M2E) with Play-to-Earn (P2E), rewarding users up to $30 per month in Cardio Points for use in-app on healthcare discounts, products & services with the option to swap Cardio Points for its ERC20-based crypto asset Cardiocoin (CRDC) [listing on MEXC Global on April 19th, UTC 11:00].
Cardio (Cardio Healthcare Inc.) is launching Metabike, the world’s first metaverse & gaming integrated home fitness bike for use on tablet & smart TV.
The Cardio HUB platform (tablet & smart TV) pairs to Metabike via Bluetooth and features over 50 games & content from world-class developers at launch with monthly content library updates (think “Netflix” for exercise).
Founder & CEO Daniel Park says “People can exercise on Metabike while competing with global users in racing games, ride through scenic nature, watch their favorite shows on OTT platforms, and immerse themselves on leading metaverse platforms like Roblox, all while tracking their workout, receiving rewards for fitness, and having actual fun while exercising.”
Metabike combines Move-to-Earn (M2E) with Play-to-Earn (P2E), rewarding users up to $30 per month in Cardio Points for use in-app on healthcare discounts, products & services with the option to swap Cardio Points for its ERC20-based crypto asset Cardiocoin (CRDC) [listing on MEXC Global on April 19th, UTC 11:00].
Cardio’s patented technology (in the form of IoT bike pedal) has accurate power sensing without using prohibitively expensive torque sensors. The IoT pedal attaches to virtually any indoor bike, transforming legacy & ODM equipment into smart bikes that measure actual workout distance, calories burned, and access Cardio HUB.
Cardio’s smart treadmill BETA service (Metarun, at 20 select gyms in Korea) has verified 43,744 Km of exercise distance through 25,712 workouts over 7,449 hours of exercise, and users have received rewards worth around $10,000.
Cardio gets its name from the word cardiovascular, which takes the lion’s share of healthcare costs and is the focus of preventive healthcare. With the advent of metaverse, more people will exercise less, letting their fingers do the moving inside these digital spaces. Cardio’s Metabike & Metarun bridge “real-world” exercise with metaverse activity by combining the benefits of fitness with the fun of digital content (a nod to the equipment from the movie “Ready Player One”).
About Cardio Healthcare (Silicon Valley & Korea)
The only Move(&Play)-to-Earn company that is cheat-proof, verifies & rewards only real fitness data, and provides that foundational data for use in healthcare (i.e. insurance companies). Metabike & Metarun are the bridge between real fitness & metaverse activity.
Let us first clarify what the title means for a second. It is really a reflection of the experience of the pair of earbuds itself, nothing to do with its build or even sound quality. It is a Sony headphone after all, one that retails for MYR 849.
This is an odd pair of kit. Sony is famous with their noise cancelling offerings. There is the very famous WH-1000XM4 and the WF-1000XM4. These are the best pair of noise cancelling headphones money can buy currently.
So, what was Sony thinking when they made the WF-L900 LinkBuds? Their marketing blurb says that it is the only headphones you will never have to take off. They also said that it is permanently on transparent mode.
On paper, you are getting a lot less than the WF-1000XM4 noise cancelling earbuds. The price tag is a little lower too for sure, but MYR 849 is not exactly cheap still. Is the asking price a fair one? Would this be a pair of headphones we never knew we needed? Would you be better off with a WF-1000XM4 instead? Let us find out
Design
The first thing that greets you, when you open your box made from the recycled paper, is not the two pairs of earbuds. It is the clamshell style case. It also looks like one.
The outer shell is made entirely out of what Sony claims to be recycled plastic. It looks the part too; most recycled plastic panels have the same texture and look. It feels grainy and smooth at the same time. It feels expectedly premium too.
Because it is made mostly of plastic, it is much lighter than what we expected. Curiously, the case can still charge the LinkBuds at least twice over. There is no wireless charging for this device though, that could explain its weight.
There are no magnets to keep the cap closed. The hinge is spring-loaded and swings open when you press the button at the front. There is a pairing button sitting beside a USB Type-C port. The case is very minimal, and very tiny.
Then you open it and find the LinkBuds with two large domes staring back at you with the chromed rings. The recess on the case for the ear loops looks oversized at first, until you rummage through the packaging to find extra ear loops. No multiple inserts for the ear tips here, there are no ear tips to begin with
The recess for the main body of the buds is quite shallow making cleaning as easy as dabbing the seats with a piece of cloth or tissue paper. The recess is also where you see the infrared sensors that senses the earbuds and two charging pins.
The earbuds are also designed with minimalism in mind. There are no additional magnets other than the ones in the ring drivers here. The LinkBuds themselves feature two recess that are made to be caught by latches on the case to secure the earbuds in the case, in case the magnets are not enough.
The earbuds, at 4g, is feather light. You can keep it in your hands, walk around, drop it and not feel a thing. You can put it into your ears, and then forget about it the entire day even when the battery runs out. Trust me, it happened to me.
Fit and Finish
Their odd shapes make for an odd fitting. Unlike regular earbuds, fitment of the LinkBuds really depends on the size of the ear loop that presses against the inner part of your ear. The ring part goes into the hole, but you cannot push it all the way in. Instead, it simply rests on your ears.
With a good fit, the LinkBuds should feel natural in your ears. It should stay in place even with heavy headbanging. After some time, you forget that it is in your ears.
Features
Of course, the most important feature of the Sony LinkBuds is its transparency mode. It allows you to keep your music on but be completely aware of your surroundings.
Always Transparent Mode
The transparency mode is a permanent feature. There is no proper way to seal the headphones. You can sort of stuff things into the middle of the ring, but we do not recommend that.
Because there is no artificial processing, you are getting clean, natural sounding ambient noise. You can have a completely normal conversation with your peers without taking off your headphones or stopping your music.
Oddly enough, there is a Speak-to-Chat function built into this pair of headphones. We never needed it and kept it off. I have tried ordering coffee with the set of headphones without any issues. I can have full conversations with my friends with the headphones on as well.
Oddly Intuitive Wide Tap Area Gesture Control
There are no touch controls on either bud. Accidentally turning down your volume, pause your music, or launch Google Assistant or Alexa by adjusting your earbuds is a thing of the past. There is a still gesture control. You need to tap right next to your ear to get it working. It does not work on a single tap too, which is another great way to prevent accidental inputs. It is either a double tap or triple tap, and it works well for us.
It is rather intuitive once you know what to do. Sure, you can only fit up to four commands in this case for the LinkBuds. Four is enough for most use cases.
The system is not perfect though. Despite the ‘wide’ moniker, you cannot tap too far away from the headphones to register an input. You want your taps to be distinct as well.
IPX4 Construction
Water resistance is important on this pair of headphones. In our minds, this is the type of headphones you wear for extended periods. There are already a few instances where we left the case in the car when we are out and about with the earphones in our ears.
You might take it for a quick run around your neighbourhood too. In that case, it will be exposed to the elements. It can take rain, shine, or even sweat with no issues.
Sony Headphones App
This being a premium Sony product, it gets Sony’s Headphone app. It is different from other headphones we are used to though. Obviously, The WF-L900 LinkBuds does not feature noise cancellation. You will find the ambient noise slider or toggle.
The controls for the Sony LinkBuds are more simplified than what we are used to as well. You still have control over the EQ presets, which we left to Bass Boost. You can change the gesture controls, DSEE settings, speak-to-chat function, and Sony 360 Reality Audio on the app. The ear analysis feature remains too. It works, but the difference is not night and day.
Performance
While part of the MYR 849 that you are paying is for the unique qualities of this truly wireless earphones, its main purpose is a personal listening gear. For that, it should also still perform like a Sony should. We are happy to report that it does, though with some trade off.
The Sony V1 Processor
It is the same one you can find on the more expensive and slightly older WF-1000XM4. It is missing a few key features on this model though.
You do not get to take advantage of the noise cancelling algorithm on the V1 anymore, for obvious reasons. But you also lose DSEE Extreme. In its place, it is still DSEE audio upscaling technology, which is still good, but not DSEE Extreme good.
The Calls
It is a strange experience, using the LinkBuds for calls. The person at the other end of the line sounds clear and crisp, enough at least for you to make up the words they are trying to convey. The person on the other end did not report any issues with the call quality. We did not try to use only one side of the earphone because I always seem to forget that I have the earphones on in the first place.
The strange part is that you are listening to the person on the other end, but you are also hearing the rest of the world at the same time. Sure, you can just concentrate on having a conversation with your friend, because he is in your ear. But when the environment gets noisy, it gets a little difficult to have a conversation since you are also very much receiving the noise from all around you.
In most cases, if you can hear your music, you should be able to hear into your calls very nicely.You hardly need to worry about privacy too.
Adaptive Volume
Adaptive volume is the unique feature of this pair of earphones. In effect the algorithm adjusts the volume of the audio according to your environment. If your environment gets a little louder, your audio becomes louder too.
You might not notice the volume increase and decrease too much in most cases though, since everything is done in accordance with your environment. It is rather seamless too; you hardly notice that the volume has changed at all. Then again, that is the whole point.
Much Enjoyment, Much Awareness
The experience that is offered by the LinkBuds can be more likened to the experience you get from open backed earphones. You get a rather wide, open feel to your music and audio. It feels like audio fills up the space around you. It is a different experience.
We use Tidal for most of our music listening and testing. The songs we used for the test is Freya Riding’s “Lost Without You”, Video Game Orchestra’s “Final Fantasy VII Medley”, “3 Hour Drive” by Alicia Keys Ft. Sampha, and Post Malone’s “Circles”. No, they are not necessarily what audiophiles would pick, but some of them represent some of the most popular music genres and styles today. We kept our volume to about 50% in most of our use case.
You can make out the bass lines on songs like “Circles” and “3 Hour Drive”, but they are not punchy at all. You do hear some of the details with Bass Boost turned on, but once you turn it off, it feels like the lower frequencies disappear. For Freya Riding’s “Lost Without You”, we get quite a natural reproduction of Freya Riding’s unique vocals. Her voice comes out very clear and you still can hear the depth of her voice in the song itself. On an orchestral reprisal that is the “Final Fantasy VII Medley”, you do miss some of its drama because the earphones lack that punchiness in the lower frequencies. It is far from terrible though; the music still sounds clear and crisp.
We use Spotify as our main podcast listening platform and the experience is a good one. You are still completely aware of what is happening around you, but you are also getting entertained. You lose a little bit of that radio voice, but the most important part of a podcast is usually its content.
The thing is, while we do want to give a hard time for it not having a thumping low-frequency punch, we still quite like the audio experience on the LinkBuds. Audio feels more natural thanks to the open back concept. Rather than getting as choke full of sounds pumped into your ear, music is lightly fed to your ears. It is a unique experience.
Battery Life
The Sony open back earbuds is quoted to have a battery life of up to 5.5 hours in regular listening mode. With the case, it is supposed to get up to 12 hours extra battery life. Our app says we have logged about 19 hours of listening time on the WF-L900 LinkBuds. We have only charged the device once since we got the device, which also means we have extracted more than the promised battery life.
Then again, we left the WF-L900 at half volume at most times and we hardly ever activate the wide area tap function. Adaptive volume was on, but again, volume is at 50% most of the time. We pick up calls with it too, which is supposed to drain its battery a little more. Our calls are placed with volumes above 75% most of the time just so that we can hear the other person clearly.
We believe that the batteries will last about 5 hours in a single use, especially when you leave the headphone on 70-75% volume. Our use case allows the battery life of the device to extend a little more than the quoted battery life, which is good when you do not want to take your headphones off.
You want to remember that each earbud only weighs 4g. It is one of the lightest pair of truly wireless headphones in the market, and it offers a battery life that matches some of the more premium offerings in the market. In that regard, the battery life is impressive.
The Sony WF-L900 LinkBuds – Unique is The Word, But There is a Little Bit More to It
In short, we enjoyed the Sony WF-L900 LinkBuds. It is a unique product, and it is not made for everyone. Inevitably, there will be “why do I need that?” questions. You don’t.
This is a unique product that fulfils a very specific need and solves a very specific problem. It is for the people who wants an earphone to be constantly in their ears. It is for people who wants a little more seamlessness in their day. It is for the people who are constantly on the go.
There are some compromises with this pair of headphones. It does not offer DSEE Extreme, just regular DSEE. There is Sony’s 360 Reality Audio, but we hardly notice its effects in our use time. It offers less battery life as well than the WF-1000XM4. The biggest drawback is that it lacks low-end punch.
You still get quite decent audio experience though, excellent high-end notes and crisp mid-range tones. At the same time, you are completely aware of what is happening around you while enjoying tunes or even podcasts. It is water resistant, important when you are constantly on the move. It is light and hardly noticeable in your ear once it goes in. You never have to take it off your ears until it needs a charge.
The MYR 849 goes into excellent audio while being able to go through the day completely uninterrupted. It buys a unique convenience, a sort of hybridization of lifestyles. It keeps you in the loop, while you are drifting away in a calm land. It keeps you focused, and entirely separated from everything that is happening around you simultaneously. It is weird, but it is a good kind of weird, and we like that.
Smartphones are great. Since the introduction of the first Apple iPhone and its App Store, the growth of this tiny handheld device has been quite exponential. We now live in a world where having a smartphone is not just a luxury, it is a requirement to getting most things done. We also live in a world where this piece of handheld electronics has become the most important personal equipment of ours.
Apple may be the first to introduce a smartphone ecosystem the world has never seen before. Their early dominance in the space inspired some lookalike products that were quite unsuccessful. But it also brought competition from some of the biggest players in the industry. It brought Android to the world as well and the battle for smartphone supremacy ensued to this day.
Being the two biggest players in the industry currently gives you two choices when you want to upgrade your smartphone. You can choose between an iPhone or pick from the sea of Android smartphones available to you. It sounds simpler than it is though.
If you are an Android user looking to upgrade your device, you are given plenty of choices. Swapping between one brand to another, while not without a small learning curve, is entirely possible and made very simple. It goes without saying, swapping from an Android system into the iOS ecosystem is also not very difficult. In fact, Apple introduced a “Switch to iOS” app into the Google Play Store back in 2015 to make their transition much easier.
The reverse is hardly true though. While swapping between one iOS device to the next can be made seamless with iTunes, there is still a small level of complexity involved. Everything is proprietary as well; you need to have an Apple account to backup and restore everything. In concept, it is very similar to what you already have in Android’s Google account requirements. It locks you into the system, making it difficult for you to port out of iOS and into Android.
There are plenty of apps and service providers that have attempted to make switching out of iOS much simpler than before. You have developers who specifically developed apps to help you transfer WhatsApp data from an iOS device to an Android device. Samsung themselves also developed the Smart Switch that can recover most of the data from your old iPhone when you switch to a Samsung device specifically. Now Google is also in that fight to bring more iOS users out of Apple’s ecosystem and into Google’s Android world.
The app is called ‘Switch to Android’, and it is available in Apple’s App Store in certain regions currently. Of course, the app will be made available globally as time passes, but for now a few regions is what we get. It also seems like the app is not a complete app just yet with limited access, something Google will be rectifying as well in future iterations, we assume.
Source: Apple App StoreSource: Apple App StoreSource: Apple App StoreSource: Apple App Store
It is a relatively straightforward app to work with. It is essentially a porting tool on an iOS device meant to transfer as much data as possible from the iOS device to any Android device of the user’s choice. How the app ports the data off to an Android device is by first establishing a connection between the iOS device and the Android device of choice. After the network is made, the app is supposed to allow you to transfer things like contacts, messages, photos, and even videos from your iOS device. Some early preview also shows that the app will prompt you to turn off iMessage to ensure you get text messages on your Android device since it is one of the most common issues plaguing users switching out of Apple’s platform. Of course, all the data that is to be copied must be stored on the device itself. Anything within Apple Cloud will not be copied over.
While the app is now available for iOS device on the Apple App Store, you want to keep in mind that there are still plenty of missing features. The app is also sitting as an unlisted app in the App Store currently, which might also mean that you might not be able to simply find the app via search. Google will be sure to update the app with more complete features in the coming iterations. For now though, if you are planning to switch from an iOS device to an Android device, the Samsung Galaxy devices with Smart Switch are still your best bet of retaining most of your data.
NEW YORK , April 14, 2022 /PRNewswire/ — SecurityScorecard, the global leader in cybersecurity ratings, today announced a partnership with TriTech Distribution Limited (“TriTech”) a leading Hong Kong and Macau-based value-added distributor (VAD), to help enterprises in the region gain greater visibility into security vulnerabilities across their organisations. The partnership will also help third-party partners comply with new government regulations, prioritise remediation for the most significant threats, and protect critical assets.
Nations around the world are enhancing their cybersecurity policies as the global threat landscape evolves. In 2019, the Macau Cybersecurity Law (MCSL) began requiring public and private critical infrastructure operators to meet more stringent requirements, such as establishing cyber security governance, reporting on security incidents and breaches, and submitting annual security assessments. Currently, the Hong Kong government is developing a similar law that will require public utilities and other critical infrastructure to enhance security measures and incident reporting.
“The global threat landscape has evolved in a way that commands organisations to do more to protect their businesses and their entire supply chain while meeting more rigorous government regulations,” said Albert Kuo, Vice President of APAC Sales at SecurityScorecard. “Partnering with Tritech allows us to reach businesses that need to improve their security posture while expanding our reach and intelligence in the APAC region.”
SecurityScorecard provides industry-leading security ratings, automated assessments, and comprehensive third-party risk management to help businesses understand vulnerabilities and improve cybersecurity postures. Through a proprietary ratings system, including easy-to-understand A-F graded scorecards, SecurityScorecard and its team of industry experts provide organisations with deep analysis of cyber threat intelligence and comprehensive monitoring and assessment tools to manage third party risk, ensure compliance reporting is accurate, and help foster more informed decisions.
“We have seen a steep incline in demand for more comprehensive cybersecurity solutions to manage third-party risk,” said Dr Charlie Ip, Managing Director of TriTech Distribution. “Our commitment to delivering the best cybersecurity options to our customers means partnering with leaders like SecurityScorecard to provide comprehensive, yet easy to understand solutions that improve threat detection and speed-critical risk communications across the supply chain. We are pleased to offer this solution as a new layer of protection to our customers.”
About TriTech Distribution Limited
TriTech Distribution Limited is a value added distributor (VAD) delivering a 100% channel-only model and a specific focus on delivering market growth for its vendor and reseller partners. We specialise in complex unified communications, network infrastructure, system integration and data center and security solutions and convergence, offering a portfolio that covers security, performance, access, networking, unified communications, high performance wireless, storage, cloud security and hosted solutions. We deliver best-of-breed products backed up by award-winning marketing, sales and customer support, as well as training and technical services. For more information, visit https://www.ttdist.com/en/.
About SecurityScorecard
Funded by world-class investors including Evolution Equity Partners, Silver Lake Waterman, Sequoia Capital, GV, Riverwood Capital, and others, SecurityScorecard is the global leader in cybersecurity ratings with more than 12 million companies continuously rated. Founded in 2013 by security and risk experts Dr. Aleksandr Yampolskiy and Sam Kassoumeh, SecurityScorecard’s patented rating technology is used by over 30,000 organizations for enterprise risk management, third-party risk management, board reporting, due diligence, cyber insurance underwriting, and regulatory oversight. SecurityScorecard continues to make the world a safer place by transforming the way companies understand, improve and communicate cybersecurity risk to their boards, employees and vendors. Every organization has the universal right to their trusted and transparent Instant SecurityScorecard rating. For more information, visit securityscorecard.com or connect with us on LinkedIn.
Strong Revenue growth guidance of 13%-15% and operating margin guidance of 21%-23% for FY23
BENGALURU, India, April 13, 2022 /PRNewswire/ — Infosys (NSE: INFY), (BSE: INFY), (NYSE: INFY), a global leader in next-generation digital services and consulting, delivered $16.3 billion in revenues with the highest annual growth in the last decade of 19.7% in constant currency with a robust operating margin of 23.0%. Growth was broad-based, supported by continued momentum in large deal wins with TCV of $9.5 billion. EPS grew by 15.2% in rupee terms. FCF crossed $3 billion for the year.
Q4 sequential growth was 1.2% in constant currency with operating margin of 21.5%. TCV of large deal wins was $2.3 billion in Q4.
“Infosys delivered highest annual growth in a decade with broad-based performance driven by deeply differentiated digital and Infosys Cobalt led cloud capabilities, powered by ‘One Infosys’ approach. We continue to gain market share as a result of sustained clients’ confidence in our ability to successfully navigate their digital journeys,” said Salil Parekh CEO and MD. “With the acceleration of digital disruptions across industries, we see immense potential to engage and partner with clients as they transform, adapt and thrive. We will scale talent globally, invest in employees and accelerate innovation and digital capabilities to capitalize on the expanding market opportunities,” he added.
38.8% YoY 41.2% FY CC Digital growth
20.6% YoY 19.7% FY CC Revenue growth
21.5% Q4 23.0% FY Operating margin
13.4% YoY 15.2% FY Increase in EPS (₹ terms)
$2.3 bn Q4 $9.5 bn FY Large deal TCV
Guidance for FY23:
Revenue growth of 13%-15% in constant currency
Operating margin of 21%-23%
Key financial highlights:
For the quarter ended March 31, 2022
Revenues in CC terms grew by 20.6% YoY and 1.2% QoQ
Reported revenues at $4,280 million, growth of 18.5% YoY
Digital revenues at 59.2% of total revenues, YoY CC growth of 38.8%
Operating margin at 21.5%, decline of 3.0% YoY
Basic EPS at $0.18, growth of 9.2% YoY
FCF at $761 million, decline of 4.8% YoY; FCF conversion at 101.0% of net profit
For the year ended March 31, 2022
Revenues in CC terms grew by 19.7% YoY
Reported revenues at $16,311 million, growth of 20.3% YoY
Digital revenues at 57.0% of total revenues, YoY CC growth of 41.2%
Operating margin at 23.0%, decline of 1.5% YoY
Basic EPS at $0.70, growth of 14.3% YoY
FCF at $3,055 million, growth of 2.8% YoY; FCF conversion at 102.9% of net profit
“In a year marked by intense supply side challenges, Infosys delivered strong financial performance – EPS growth of 15.2%, Free Cash Flows surpassing $3 billion and Return on Equity of 29.1%, reflecting the company’s success, driven by client-centricity and rich capabilities. The Board has proposed a final dividend of ₹16 per share, taking the total dividend for FY22 to ₹31 per share, an increase of 14.8% over prior year,” said Nilanjan Roy, Chief Financial Officer. “With a robust demand environment ahead, we envisage making appropriate long-term investments in capability building across sales, delivery and innovation. However, we plan to neutralize some of the impact through aggressive cost optimization programs and value led pricing driven by service and brand differentiation. This, along with post-pandemic normalization of expenses, is reflected in the margin guidance,” he added.
2. Capital allocation
For FY22, the Board has recommended a final dividend of ₹16 per share ($0.21 per ADS*). Together with the interim dividend of ₹15 per share already paid, the total dividend per share for FY22 will amount to ₹31 (app. $0.41 per ADS*) which is a 14.8% increase over FY21. With this, the company has announced total dividend of approx. ₹13,000 crore (approx. $1.74 billion*) for FY22.
*USD-INR rate of 75.00
3. Client wins & Testimonials
Infosys launched Infosys Metaverse Foundry, an integral part of Infosys Living Labs to accelerate enterprises’ ability to evolve and execute strategies for virtual-physical interconnections. Daniel Schumacher, Head of Global IT Applications and Digital Innovation, Komatsu, said, “Our strategic foresight and transformation roadmap point to the rapid acceleration of digital ecosystems, and we are looking to bring its value to all facets of our business – both as we know them today and to what we can create for the future. We are excited to partner with Infosys metaverse foundry to uncover the most significant investment we must make in the virtual world and plant seeds today that are most likely to bear fruit for our future.”
Infosys collaborated with E.ON for its Digital Workplace Transformation across multiple services. “We were looking for an innovative and future oriented partner for our entire workplace transformation journey. We are delighted to have Infosys as E.ON’s digital workplace partner, supporting 75K+ users across 12 countries for all their workplace needs. This collaboration cuts across services that include IT Service Desk, End User Devices, Unified Communication and Collaboration and IT Service Management. Infosys is also engaging with E.ON for multiple other initiatives as our strategic transformation partner. We are confident that this collaboration will be a great enabler in our ongoing digital transformation journey,” said, David Benkelberg, Head of User Services, E.ON.
Infosys collaborated with Telenor Norway to transform its finance and supply chain operations through standardized, Oracle Cloud ERP solution. Terje Borge, CFO, Telenor Norway, said, “Telenor Norway needs to continuously raise the bar in its operational performance to serve as the trusted digital partner for its consumer and enterprise customers. IT as a business enabler plays a critical role in this objective. The ERP transformation program is one of the steps in making Telenor agile and efficient.”
Infosys Finacle enabled WhatsApp Baking for Union Bank of India. The new service, called Union Virtual Connect (UVConn), will provide customers personalized and daily banking services. Shri Rajkiran Rai G, Managing Director & CEO, Union Bank of India, said, “It has always been our endeavor to build lasting relationships with customers by offering simple, fast, and contextual banking solutions and experiences with improved convenience. In line with this vision, we have introduced this service on WhatsApp, one of the most popular instant messaging applications in the world. Our retail customers can execute a host of their banking requirements on their own, without visiting a branch, instantaneously and securely. With Finacle Conversational Banking and Remote Banker we can now tap into the growing prominence of social media in everyday life. We expect this simple and convenient form of banking to add immense convenience to our customers and hope to see its rapid adoption in the months to come.”
Nu Skin, a leading health, beauty and wellness company with businesses in over 50 countries, collaborated with Infosys to achieve their vision of becoming a next generation social commerce enterprise. Ryan Napierski, President and CEO, Nu Skin said, “At Nu Skin, we are delighted to partner with Infosys for our transformation into a next-gen social commerce enterprise. Key to this is our collaborative work to provide personalized and engaging consumer journeys to build customer loyalty and help fuel our future growth.”
4. Recognitions
Recognized as one of the 2022 World’s Most Ethical Companies by Ethisphere
Awarded Global Top Employer 2022 certification in 22 countries across Asia Pacific, Europe, the Middle East, and North America in recognition of its outstanding strategies and people practices
Received Brandon Hall Group’s Organizational Excellence Certification for demonstrating best-in-class talent acquisition strategy and human capital management practices
Certified as a Great Place to Work® for excellence in its employment practices in Canada for 2022
Ranked #1 among top 100 listed companies in India for receiving the highest score on ESG by Stakeholders Empowerment Services (SES)
Received LEED Platinum certification from US Green Building Council for 4 buildings, situated in Indianapolis, Bengaluru, Mysuru and Thiruvananthapuram, with a total area of 2.15 million sq.ft.
Ranked #2 in Everest Group PEAK Matrix® IT Service Provider of the Year
Positioned as a leader in Gartner Magic Quadrant for Data and Analytics Service Providers
Infosys Finacle positioned as a leader in Gartner Magic Quadrant for Global Retail Core Banking for Finacle Core Banking Solution
Ranked as a leader in Everest Cloud Services PEAK Matrix® Assessment 2022 – North America
Rated as a leader in HFS Top 10 Digital Associates Services 2022
Positioned as a Leader in ‘Banking Digital Services’ ISG Provider Lens™ Study for U.S., UK and Nordics regions
Ranked as a leader in Everest Cloud Services PEAK Matrix® Assessment 2022 – Europe
Positioned as a leader in NelsonHall Quality Engineering NEAT 2022
Ranked as a leader in HFS Top 10 Energy Transition Services Top 10 Snapshot, 2022
Rated as a leader in Avasant’s Healthcare Payor Digital Services 2022-2023 RadarView™
Positioned as a Leader in ‘Mainframes Services and Solutions’2022 ISG Provider Lens™
Positioned as a leader in PAC RADAR SAP Services in Germany 2021
Rated as a leader in Avasant’s Multisourcing Service Integration 2021-2022 RadarView™
Rated as a leader in Everest Digital Product Engineering Services PEAK Matrix® Assessment 2022
Positioned as a leader in HFS Top 10 Application Modernization Services, 2022
Positioned as a leader in Everest Oracle Cloud Applications (OCA) Services PEAK Matrix® Assessment 2022
Rated as a leader in NelsonHall Digital Banking Services NEAT 2022
Positioned as a leader in HFS Utilities Services Top 10, 2022
Rated as a leader in Everest Advanced Analytics and Insights (AA&I) Services PEAK Matrix® Assessment 2022
Rated as a leader in HFS Top 10 Retail and CPG Services, 2022
Positioned as a Leader in ‘Healthcare Digital Services’ ISG Provider Lens™ Study for U.S. region
Infosys Finacle positioned as a Leader by Everest Group in the Consumer Loan Origination System Products Peak Matrix Assessment 2022 report
Infosys Finacle was a winner at the Finnovex Awards Qatar 2022 under the ‘Excellence in Payments’ category for its Finacle Payments Suite
About Infosys
Infosys is a global leader in next-generation digital services and consulting. We enable clients in more than 50 countries to navigate their digital transformation. With over four decades of experience in managing the systems and workings of global enterprises, we expertly steer our clients through their digital journey. We do it by enabling the enterprise with an AI-powered core that helps prioritize the execution of change. We also empower the business with agile digital at scale to deliver unprecedented levels of performance and customer delight. Our always-on learning agenda drives their continuous improvement through building and transferring digital skills, expertise, and ideas from our innovation ecosystem.
Visit www.infosys.com to see how Infosys (NSE: INFY) (BSE: INFY (NYSE: INFY) can help your enterprise navigate your next.
Safe Harbor
“Certain statements in this release concerning our future growth prospects, financial expectations and plans for navigating the COVID-19 impact on our employees, clients and stakeholders are forward-looking statements intended to qualify for the ‘safe harbor’ under the Private Securities Litigation Reform Act of 1995, which involve a number of risks and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding COVID-19 and the effects of government and other measures seeking to contain its spread, risks related to an economic downturn or recession in India, the United States and other countries around the world, changes in political, business, and economic conditions, fluctuations in earnings, fluctuations in foreign exchange rates, our ability to manage growth, intense competition in IT services including those factors which may affect our cost advantage, wage increases in India, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, industry segment concentration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks or system failures, our ability to successfully complete and integrate potential acquisitions, liability for damages on our service contracts, the success of the companies in which Infosys has made strategic investments, withdrawal or expiration of governmental fiscal incentives, political instability and regional conflicts, legal restrictions on raising capital or acquiring companies outside India, unauthorized use of our intellectual property and general economic conditions affecting our industry and the outcome of pending litigation and government investigation. Additional risks that could affect our future operating results are more fully described in our United States Securities and Exchange Commission filings including our Annual Report on Form 20-F for the fiscal year ended March 31, 2021. These filings are available at www.sec.gov. Infosys may, from time to time, make additional written and oral forward-looking statements, including statements contained in the Company’s filings with the Securities and Exchange Commission and our reports to shareholders. The Company does not undertake to update any forward-looking statements that may be made from time to time by or on behalf of the Company unless it is required by law.”
Infosys Limited and subsidiaries
Extracted from the Condensed Consolidated Balance Sheet under IFRS as at: (Dollars in million)
March 31, 2022
March 31, 2021
ASSETS
Current assets
Cash and cash equivalents
2,305
3,380
Current investments
880
320
Trade receivables
2,995
2,639
Unbilled revenue
1,526
1,030
Other Current assets
1,159
938
Total current assets
8,865
8,307
Non-current assets
Property, plant and equipment and Right-of-use assets
2,429
2,519
Goodwill and other Intangible assets
1,042
1,115
Non-current investments
1,801
1,623
Unbilled revenue
124
81
Other non-current assets
1,294
1,180
Total non-current assets
6,690
6,518
Total assets
15,555
14,825
LIABILITIES AND EQUITY
Current liabilities
Trade payables
545
362
Unearned revenue
834
554
Employee benefit obligations
288
276
Other current liabilities and provisions
2,766
2,072
Total current liabilities
4,433
3,264
Non-current liabilities
Lease liabilities
607
627
Other non-current liabilities
521
432
Total non-current liabilities
1,128
1,059
Total liabilities
5,561
4,323
Total equity attributable to equity holders of the company
9,941
10,442
Non-controlling interests
53
60
Total equity
9,994
10,502
Total liabilities and equity
15,555
14,825
Extracted from the Condensed Consolidated statement of Comprehensive Income under IFRS for:
(Dollars in million except per equity share data)
3 months ended March 31, 2022
3 months ended March 31, 2021
Year ended March 31, 2022
Year ended March 31, 2021
Revenues
4,280
3,613
16,311
13,561
Cost of sales
2,955
2,357
10,996
8,828
Gross profit
1,325
1,256
5,315
4,733
Operating expenses:
Selling and marketing expenses
179
165
692
624
Administrative expenses
226
207
868
784
Total operating expenses
405
372
1,560
1,408
Operating profit
920
884
3,755
3,325
Other income, net (3)
78
68
281
271
Profit before income taxes
998
952
4,036
3,596
Income tax expense
245
255
1,068
973
Net profit (before minority interest)
753
697
2,968
2,623
Net profit (after minority interest)
752
697
2,963
2,613
Basic EPS ($)
0.18
0.16
0.70
0.62
Diluted EPS ($)
0.18
0.16
0.70
0.61
NOTES:
The above information is extracted from the audited condensed consolidated Balance sheet and Statement of Comprehensive Income for the quarter and year ended March 31,2022 which have been taken on record at the Board meeting held on April 13, 2022.
A Fact Sheet providing the operating metrics of the Company can be downloaded from www.infosys.com.
Intrapreneurship is always welcomed by tech giants, where innovations are greatly valued, going way back from when Gmail was born out of Google’s famous 20-percent rule. Mr. Dang Hoa Tran – COO of FPT Software shared his take on making intrapreneurship the key to growing global IT business.
HANOI, Vietnam, April 13, 2022 /PRNewswire/ — In Vietnam, FPT Software is one of the biggest names in paying close attention to intrapreneurs. Many notable solutions stemmed from this approach: akaBot, akaChain, akaVerse, Deep Clinics and Codelearn…. The reason this global tech firm focuses on building an internal “incubator hub” comes naturally: out of 20 years in the tech business, while they provide service according to the clients’ requests, new ideas always come up in the process in order to do a better job.
“If we pass the chance to transform an idea into a living, breathing product, we lay waste to our own mind,” said Mr. Dang Hoa Tran – the Chief Operation Officer of FPT Software, sharing his thoughts on intrapreneurship.
Tran Dang Hoa – COO, FPT Software
“In my 18 years working at FPT Software, I’ve witnessed many colleagues, my mentees, wanted to leave due to their unfulfilling desire to create their own products. And we had to choose, either to offer a way for them to come up with new things, what they want to do, or watch them go. Intrapreneurship is our way to create both challenge and motivation, pushing our staff to be more creative in the tech playground,” Mr.Hoa continued.
The COO is fully committed to boost the startup aspiration, since you can hardly find such a boiling excitement, stand-up-after-failure and never-sleep-on-success attitude in any other place. The youthfulness and dynamic energy swirling within a new startup have always amazed the veteran COO.
In a large company, it is a must to constantly encourage employees’ commitment and increase their enthusiasm. FPT Software took it to heart, weaving it into their human-centric approach of a unique culture. In the middle of it, the potential intrapreneurs are like intense fire: emitting both light and heat, they attract more and more like minded people.
To accompany the intrapreneurs on the bumpy road of startup, FPT Software developed an entire ecosystem of supports, including all the processes that might take up a large portion of your product fit time – which is the most important step at the beginning. If the product does not suffice, you already set yourself back a few steps in the race to get customers and investors.
Hoa further explained FPT Software approach on building the intrapreneurship: “The teams within our “incubator hub” get consulted by the top industry experts – either it’s finance, insurance, aviation, energy, or healthcare – so they get the best insights on any industry’s pain points. Besides horizontal consulting, in-depth, we have no lack of veteran tech experts who have over 20 years’ experience with international customers, for direct advice on the products.”
From his operation view, Hoa assessed that the most adoptable products are the ones that can solve the global pain points for companies of all sizes. The incubator group should exercise unbound creativity but shouldn’t fill in too big shoes like those of Google or Facebook.
“We train our intrapreneurs by letting them participate in large-scale “battles” with highly difficult customers as well as joining the major tech markets like The US, India or Europe,” Hoa explained.
The incubator is full of room to grow, for teams to mature through constant adjustment according to the customer or end-user request. Reality proves that an RPA-based product – akaBot by FPT Software – has made robotic automation the new breakthrough for banking service, liberating human effort by completing millions of repeated tasks. At the same time, the same technology can be applied to virtual bots for tasks automation, processing automatic invoice or virtual stakeholders meeting. This was especially effective during lockdown, when it helped various businesses operate without interruption on a large scale.
akaBot is also the RPA-based solution which has been ranked in Gartner’s top lists of outstanding RPA solutions multiple times, within the last 3 years since its birth.
“You see, a startup which constantly upgrades and transforms, both in quantity and quality of service, with actual feedback from end-users, together with direct consulting, can have such an explosive potential. But that is just the first step in the process, the product fit as I mentioned earlier. Naturally, operating a startup requires the founders to be fluent in a lot more other management spectrum,” he shared.
It is not easy for any startup to work on all aspects at once, from technology and the human resource, to marketing, sales and branding.
Should founders be able to overcome the beginning period, they would gradually gain more technical and managerial knowledge, which is, according to Hoa, something people must not take the shortcut through.
It takes a lot for a startup to spin off from their native company and break out into a unicorn, Hoa pointed out, in which luck plays no small part. The key to success, however, is that people must have all the elements at the right place: technical power, strong will and flexibility to adapt to any situation, making the impossible possible while keeping the solution’s unique features.
“FPT Software was once a startup too, 23 years ago. At that time, when no one in Vietnam did BPO with foreign partners or even thought of going past the border, we started it. You can say it was not all but being persistent, we faced various failures and must stand up again after each fall. Our people’s startup spirit is forever. Even the engineers, the experts within FPT Software have always nurtured their ideas, shaping and molding them into real-life products, even if the time can be measured by dozens of years,” Hoa proudly shared.
FPT Software also spent 8 years incubating to be the first company to design and produce “Make In Vietnam“* IC – Integrated Circuit. Today, the company is taking its first steps to realize this dream: they have founded FPT Semiconductor – the first fabless company under the FPT Software umbrella, and the first hardware product by FPT Software.
From their design house in Vietnam, the company sends the IC designs to its fabrication factory in Korea, where they produce and package the final products then send it straight to clients in Australia. By July 2022, FPT Semiconductor is expected to deliver its first unit, growing to 25 millions units in the next two years, catering to different needs from IoT, power energy, and so on. “I am extremely proud that the entire R&D process takes place right in Vietnam by our very top engineers at FPT Software,” Hoa expressed.
“Why do we join this market? You know, there are only a handful of companies producing IC worldwide, and the need always surpasses supply. On average everyone owns at least one IC, and this number can grow 3 to 10 fold in the future,” he stressed.
“The key to how we can harness the power to fulfill this dream is the startup spirit, forging our people through the years. We chose the right moment, at our best performance, to bring forward a new change, reigniting the flame in the heart of our organization, pushing forwards for ever growing operation,” FPT Software representative concluded.
Note: * “Make In Vietnam” is a government program to accelerate technology innovation by local businesses.
The race to create a competitor or a likeness to the wildly successful Clubhouse app has just sort of faded into obscurity. It is not because Clubhouse is not doing well, it still is doing good enough. There are still plenty who remained on the platform and there are still plenty of good conversations happening on the platform. The hype for that sort of thing has died down quite quickly though.
The rush to create a completing platform has spawned a few unsuccessful projects from the likes of Twitter and Facebook. But it also has spawned a successful one from Spotify, the Greenroom. Perhaps that should have come as less of a shock that it is. Spotify, after all, is one of the largest platforms for podcasts from all over the globe. It is not hard to see why a conversation based social media platform will not work in Spotify’s favour.
Greenroom, however, was in some ways an experiment for Spotify. It was a test platform to see if such things could work and if anyone that is already on their platform was open to the idea of Spotify themselves being a social media company. It was also especially telling that Spotify themselves are ready to become more of a social media platform than anything else. In that sense, the move to open Greenroom is sort of a natural progression for Spotify anyway, especially with all the new social features they have been introducing on their main app.
However, in the dawn of the Super App (a do-everything app), multiple apps from a single developer could be seen as clunky. People want to be able to access a single app and have access to all the services available from that developer from that one touch. Spotify had to adapt to that.
It was less than a month ago that Spotify expressed their interest in integrating Spotify and Greenroom in a single Spotify app. We thought that it would be inevitable, just not this soon. They have also changed the Greenroom name to Spotify Live now. That does not mean that Greenroom is not an app on its own though, it is still an independent app that you can use separate from the main Spotify App. That has also been rebranded to Spotify Live.
The Spotify Live app itself will retain all the qualities of the old Greenroom app. It is still an audio based social media platform. Anyone of the platform can create chat rooms and host the chats in those rooms. Any user on the platform will have access to all listed shows on Spotify Live platform. Users will have the ability to also interact within the show in Spotify Live app.
The function of Spotify Live on the main app is completely different. Spotify Live on the main app will only feature select Spotify Live shows on the main app. Of course, the show must be on-air at the moment of feature. If you are accessing the Spotify Live chatrooms on the main Spotify app, you also do not get to interact with the creator or hosts of the room. You are just a plain audience; you do not even get to raise your hands.
That also means that Spotify Live has now become a Live Podcast show that can be featured on Spotify. Spotify Live creators now gets access to the full range of Spotify’s global user base that numbers at 406 million people currently.
For now, only Spotify’s own original shows will get airtime in the Spotify Live section on their app. Obviously as Spotify Live makes progress, more shows will be added to the featured section in the main app. There are also planned events already for the rest of April and May for you to discover the new section on Spotify.
BEIJING, April 13, 2022 /PRNewswire/ — China has entered a stage of high-quality development, and the southern province of Hainan is spearheading the country’s efforts to balance environmental protection and development.
Chinese President Xi Jinping has been in Hainan since Sunday, placing ecological conservation, rural revitalization and food security high on the agenda during his inspection.
National park system
When inspecting a section of the Hainan Tropical Rainforest National Park on Monday in the city of Wuzhishan, President Xi stressed the importance of boosting national park development in Hainan.
He also highlighted the need to fully understand the strategic significance of Hainan’s national park development to the country, and urged continuous and solid efforts in this regard.
Following the principle of “ecological protection first,” China in 2017 unveiled the overall plan for establishing its new national park system in an effort to promote human-nature harmony, biodiversity conservation and sustainable development.
Last year, the Chinese leader announced the official designation of the country’s first group of national parks when delivering a keynote speech via video link at the leaders’ summit of the 15th meeting of the Conference of the Parties to the Convention on Biological Diversity (COP15). The Hainan Tropical Rainforest National Park is one of them.
The national park spans nine cities and counties, covering a total area of over 4,000 square km. It is home to the most concentrated and well-preserved tropical rainforests in China and the only habitat for Hainan gibbons, the world’s rarest primates.
Unlike ordinary national parks, the designated national parks are part of the country’s “red line” strategy for ecological conservation and subject to the strictest possible protection measures.
With the national park system taking shape in the world’s most populous country, China has taken a solid step toward a future where all beings can live in harmony and flourish through a system of protected areas with national parks as the mainstay.
Rural revitalization in full swing
During his inspection tours across the country, the Chinese president always stopped to chat with rural families. On Monday, he walked into the homes of local ethnic Li people in Maona, a village in the city of Wuzhishan, and had cordial exchanges with local officials and villagers.
In Maona’s public square, the locals extended a warm welcome to Xi.
“We have attained a moderately prosperous society in all respects and are marching toward modernization and promoting common prosperity,” Xi said, urging solid efforts to consolidate poverty alleviation achievements and align them with the full advancement of rural revitalization.
China is continuing efforts for rural development, with the Report on the Work of the Government released in March emphasizing boosting agricultural production and promoting all-around rural revitalization in 2022.
Xi also called on Party officials to make “every possible effort” to ensure that people can live happy lives, saying Party officials should not harbor any selfish interests, and they should devote themselves to the improvement of people’s lives.
“What the Communist Party of China cares about is how to make sure the lives of Chinese people of all ethnic groups are getting better every day.”
‘Chinese seeds’
China’s food security can only be safeguarded when seed resources are firmly held in our own hands, President Xi said while inspecting the city of Sanya on Sunday, calling for working toward food self-sufficiency and advancing the country’s seed sector.
“To ensure that China’s seed resources are self-supporting and under better control, self-reliance must be achieved in seed technology,” he said.
However, Xi acknowledged that the process would take time. “It takes 10 years to sharpen a sword,” said Xi, quoting a Chinese saying.
Highlighting the strategic significance of the related work, he called for carrying forward the spirit of scientists and researchers of the older generations, including Yuan Longping (1930-2021), who was known for developing the first hybrid rice varieties in the 1970s and staving off hunger for millions.
In the newly-unveiled “No. 1 Central Document,” the first policy statement released by China’s central authorities this year, the country has outlined seed industry development as one of its policy priorities, with specific moves such as implementing an action plan on the seed industry, promoting germplasm collection and enhancing intellectual property protection in the sector.
HAMBURG, Germany, April 12, 2022 /PRNewswire/ — End-to-end digitization is a top priority for supply chain professionals, according to the Körber Supply Chain Benchmarking Report 2022 to examine industry best practices to advance operational performance.
Digitization and process automation is the highest priority for 84% of all businesses.
Awareness of the external factors driving supply chain complexity is high. Yet, there is room for improvement in implementing measures to increase customer satisfaction, labor efficiency, or process automation. This is the conclusion of Körber’s Supply Chain Benchmarking Report, according to which a majority of businesses struggle with the rapid expansion of e-commerce and increasing interconnectivity of the global economy.
The results, based on a representative survey among more than 200 companies, shed unparalleled insight into key challenges in the industry, as well as best practices to improve supply chain performance and operation. The survey found that digitization is a strategic priority for 84% of surveyed businesses; however, only a minority uses automated, paperless end-to-end processes throughout their supply chain. Displaying the relevance of (cross-site) management software, employee engagement tactics (e.g. voice), or sustainability concerns, the report serves as an important resource for supply chain professionals to identify where they are performing well – and where there is greatest potential for improvement.
“The research demonstrates that companies recognize increasing supply chain complexities and are acting to leverage the potential of the digital era. There is a growing awareness that many challenges can be overcome, and a competitive advantage gained, with supply chain technology. 35% identified as leaders perform outstandingly well through investing in employee engagement, concrete implementation plans for sustainable practices and through advanced levels of digitization with consistent process automation,” says Rene Hermes, Executive Vice President and Chief Marketing Officer at Körber Supply Chain – Software.
Körber’s Supply Chain Benchmarking Report 2022 was divided into six operational areas: Labor engagement, efficiency and safety, end customer experience, sustainability, agility and resilience, digitization and process automation and facility optimization. Based on this, participating companies were grouped into the following maturity levels: leader, advanced, developing and initiating. Of this, 35% were identified as “leaders” (top performers), differentiated with future-proof processes.
Key results from the Körber Supply Chain Benchmarking Report 2022:
Two thirds of supply chain executives are not satisfied with their staffing levels. As a result, gamification and other technologies to increase employee engagement are being deployed on a wider scale among 73% of leaders.
92% of respondents see a direct influence of customer satisfaction on supply chain performance. This explains why order management systems (OMS) are on the rise. These solutions directly impact the accuracy, speed and cost of fulfillment. All leaders in this category use an OMS, whereas this is the case for just more than half of advanced businesses.
Sustainability is especially important – a top priority for 89% of businesses. Leading companies are three times more likely to shift to more sustainable packaging materials and four times more likely than advanced companies to implement circular economy projects.
Digitization and process automation is the highest priority for 84% of all businesses. Within this operative area, 59% of leaders can implement projects with in-house resources compared to just 23% of advanced businesses.
“While the industry agrees that supply chain complexity is real and growing, there is often no clear understanding of its underlying causes and of suitable initiatives that can improve performance in today’s challenging and ultra-volatile markets. Everyone is looking for agility and resilience, but there is none of that possible without identifying the true levers within your own global supply chain operations. The benchmarking survey we conducted on behalf of Körber is the first to leverage the key factors driving complexity to answer these questions and determine what practices distinguish leading organizations,” adds Sebastian Feldmann, Partner and global Co-head of the Supply Chain & Logistics COE at Roland Berger Management Consultants.
The survey questioned more than 200 companies in North America and Europe with at least 500 employees and is part of a broader research initiative in cooperation with leading international analysts. Full findings are available at benchmarking.koerber-supplychain.com. The site also offers a rapid self-assessment to provide visitors a first view into the maturity of their own supply chain operations.
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 software, 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
Dell’s commitment to the environment is not something it has pulled out of thin air. The company was one of the first to commit to lowering its carbon footprint and becoming carbon neutral. In fact, they’ve been one of the most consistent for more than a decade. This year, the company is upping the ante when it comes to sustainability with new materials and new packaging that will take them to the next level.
The New Dell Latitude 5000 Showcases Years of Research & Development for Sustainability
Earlier this year, Dell announced Concept Luna where they were experimenting with recycled materials in creating new laptops. That was the latest in a growing number of efforts to be more environmentally responsible and explore renewable materials for their products. Their latest product, the new Dell Latitude 5000 series, is the first product to showcase the many years of research and development. It boasts one of the highest proportions of renewable materials thus far.
The new Dell Latitude 5000 series showcases a laptop lid made of 71% recycled and renewable materials. The lid itself is made of a three major components: a tree-based bioplastic upcycled from the paper making industry; reclaimed carbon fibre and post consumer recycled plastics. According to Dell, it chose to start with the laptop lid as it is the second heaviest part of the laptop which allows the company to make a larger impact on sustainability.
The Latitude 5000 series is also helping Dell reduce its reliance of petroleum based materials. The base of the laptop is made of 20% reclaimed carbon fibre. Dell also uses a new bio-based rubber for its rubber feet. The fan housing used in the laptop series boasts an impressive 23% reclaimed ocean bound plastics in its build.
Comitting to 100% Recyclable Packaging
In addition to increasing the amount of sustainable and recycled materials in its laptops, Dell is also taking a close look at its packaging. The company is comitting to creating packaing which is 100% recycled and 100% recyclable.
To achieve this, its substituting a lot of the materials we’re used to seeing in laptop packaging with paper alternatives. Plastic bags are being substituted with more sustainable materials. Dell is even opting to change to their box with a more sustainable corrgate shipping box with an inner tray made of sustainably sourced bamboo and sugarcane fibres. Tape is also being replaced with a paperbased alternative. This new packaging will be seen with the new Latitude series, Precision mobile workstations and XPS devices.
This is only the beginning, Dell chose the Latitude line up as it is their highest volume product. This will, according to the company, allow it to make a more impactful step in sustainability. However, it’s not forgetting its other lineups. The Precision 3000 mobile workstations, Precision workstations and OptiPlex Micro desktops will also feature some of the sustainable materials mentioned. Of course, Dell is also bringing these materials to its EcoLoop Pro backpacks, sleeves and briefcases.
![Metabike combines Move-to-Earn (M2E) with Play-to-Earn (P2E), rewarding users up to $30 per month in Cardio Points for use in-app on healthcare discounts, products & services with the option to swap Cardio Points for its ERC20-based crypto asset Cardiocoin (CRDC) [listing on MEXC Global on April 19th, UTC 11:00].](https://techent.tv/wp-content/uploads/2022/04/cardio-combines-move-to-earn-play-to-earn-to-bridge-real-world-fitness-with-metaverse-activity-for-500-million-global-users-of-fitness-1.jpg "Metabike combines Move-to-Earn (M2E) with Play-to-Earn (P2E), rewarding users up to $30 per month in Cardio Points for use in-app on healthcare discounts, products & services with the option to swap Cardio Points for its ERC20-based crypto asset Cardiocoin (CRDC) [listing on MEXC Global on April 19th, UTC 11:00].")
