Monthly Archives: May 2022

PR Newswire

Talogy presents new research and innovations as talent assessment volume expected to climb to pre-pandemic levels

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GLENDALE, Calif., May 25, 2022 /PRNewswire/ — Talent assessments are on the rise. Based on insight from CHROs across the globe, hiring and talent assessments are expected to return to pre-pandemic levels within the next 12 months.

Other key trends facing the future of assessment were presented by Talogy experts at the Society for Industrial and Organizational Psychology (SIOP) 2022 Annual Conference in April.  

With the shift to remote and hybrid workforces, leaders will face new challenges. Highlighted future trends in talent assessment include:

  • Innovations in feedback systems should include new technology advancements, leverage natural language processing, and explore virtual environments. It continues to be critical that feedback systems are robust to cultural differences when implementing globally.
  • DEI and assessment fairness are different topics. Implementing a predictive, reliable, and fair assessment may not help organizations reach DEI goals if they are not recruiting diversity and measuring competencies related to fit in an inclusive culture.
  • New guidelines for technology-based assessments will benefit a wide range of stakeholders in the assessment industry by helping to ensure that technology-based assessments are predictive, reliable, and fair. Also, new guidelines should address bias, accessibility, and test security.
  • Multi-dimensional personality scales can be significantly shortened while maintaining reliability and validity, based on research using a combination of machine learning and content validity evidence.
  • Turnover and retention prediction continue to headline organizations’ priorities. Utilizing machine learning, Talogy’s scientists have made advancements to produce powerful turnover indices.

A full summary of takeaways can be found here.

The annual conference convenes professionals in industrial and organizational psychology to advance their growth in the science of psychology with high-quality, peer-reviewed content, a diversity of perspectives and topics, and a blend of science and practice. Talogy has been a member of SIOP and Division 14 of APA for over 70 years.

“With today’s drastically changing labor market and workplace trends, we’re happy to have had the opportunity to bring together Talogy’s experts in assessment from around the globe at the SIOP Annual Conference and focus on providing current best practices rooted in science,” said Ted Kinney, Vice President of Research and Development at Talogy.

“We’re excited to pair this vast global scientific knowledge and research with our new assessment technology, which is set to launch in June 2022,” said Peter Celeste, Global President at Talogy. “Our new assessment technology ecosystem will allow us to deliver the same strong science-backed assessment content with brand new capabilities, engaging solutions, and enhanced platforms designed to solve today’s talent management challenges.”

Talogy will announce the full details of its new TalogyTech® platform and an improved digital experience, in June 2022.

About Talogy

We are Talogy. The talent management experts. We craft solutions that screen, select, develop, and engage talent worldwide. By uniting the leading psychologists, data scientists, developers, and HR consultants we bring the power of psychology and technology together so you can make the best data-driven people decisions. With more than 30 million assessments delivered each year in more than 50 languages, we help clients discover organizational brilliance. Talogy.com

Business, Gaming, News

Double Eleven Builds Second Home in Kuala Lumpur

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Double Eleven may not be a name that everyone is familiar with when it comes to gaming but they’ve been working on some of the largest IPs in the industry. The studio is behind games like Minecraft Dungeons, Rust and Prison Architect. They’ve even recently announced that they will be working on Fallout 76 with Bethesda. However, the most exciting news coming from the game studio is that they’ve opened a new studio in Kuala Lumpur.

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Laura Brodie (Head of People & Culture, Double Eleven), Iain Farrell (Programme Manager, Double Eleven), Amir Azlan Sapuan (Malaysian Digital Economy Corporation) and Mark South (COO, Double Eleven) at the Launch of Double Eleven Kuala Lumpur

The new studio is the next step in Double Eleven’s growth. The studio is headquartered in Teeside, UK and expanded to Malaysia in 2020. Since they’ve grown to a team of over 60 people in Malaysia alone. The studio which previously was located in Bangsar South has now acquired a new home in Mid Valley in Kuala Lumpur.

The new 12,000 square feet location embodies Double Eleven’s ethos of putting people at the forefront. The studio was thoughtfully designed and kitted with equipment, rooms and spaces that a modern game studio would need. The studio features a combination of meeting rooms, breakout spaces, play testing areas and even social areas. Their reception alone is a large social space kitted with a pool table and even free beverages to help relieve the stresses of everyday work.

Double Eleven 003
Source: Double Eleven

“We’re excited to celebrate this milestone in expanding our studio’s people-first ethos into Malaysia, creating new opportunities for the highly capable pool of local talents. Combined, both studios position Double Eleven for the future to continue creating and publishing great games,” said

Mark South, COO of Double Eleven.

The new studio in Kuala Lumpur is also an emblem of the studio’s people focused development and management approach of Double Eleven. The company has adopted an anti-crunch stance in light of some of the developments happening in the gaming industry. Talent at Double Eleven enjoy benefits such as flexible start times, paid voluntary overtime and additional leave. These are some of the small changes that have made the studio one of the best employers in the industry.

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Double Eleven’s new studio also allows them to adopt a continuous development schedule as teams in the UK and Malaysia work closely and successively according to their timezones. The 24-hour development cycle allows them to better optimise workflows and prevent the much-dreaded crunch. Double Eleven is still growing and is actively recruiting people in both the UK and Malaysia.

Camera, Lifestyle, News

Canon EOS R Mirrorless Gets Smaller with new APS-C Sensors and RF-S Lenses

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Canon’s entry into high-end mirrorless camera gear industry with their first EOS R was not too big of a surprise. Mirrorless cameras are the future and Canon must step in and make a small dent to stay relevant too. What was surprising though was how much of an impact Canon is making in the mirrorless camera segment.

When they introduced their current flagships, the super powerful Canon EOS R3, the Canon EOS R5, and the brilliant EOS R6, it seemed like they got the formula right. They did what Sony did not do with the EOS R5 in introducing 8K video recording capability to it. While early reports suggests that the 8K video recording on the Canon EOS R5 is still a little finnicky, it gave us a glimpse of what Canon can really do when their stretch their legs and pull all the stops with their high-end camera.

They are not market leaders in the mirrorless segment, Sony still is the king of mirrorless cameras with the support system that they have built over the years. To be market leaders again, Canon cannot just stop at their high-end EOS R3, EOS R5 and EOS R6 full-frame shooters. They need to cover all their bases. That is where their APS-C mirrorless cameras come in.

To be fair, Canon did have a mirrorless compact camera. They had the EOS M series that is highly regarded by many still. Unfortunately, the EOS M series was short-lived with highly limited lens and accessory support. But it will be different this time with the new Canon EOS R series and the RF-S lenses.

They introduced two brand-new cameras in the EOS R7 and the EOS R10 mirrorless APS-C cameras. Alongside the new APS-C interchangeable lens cameras, Canon also launched new lenses that caters specifically to the APS-C format cameras called the RF-S range. In this case, you get the power of Canon’s brilliant EOS R series at a fraction of the price.

Canon EOS R7

EOS R7 w RF S18 150mm f4.5 6.3 IS SSTM Front Slant
Source: Canon

Meet the new all-rounder that is the Canon EOS R7. It is powered by the same processor as the flagship class EOS R3, the DIGIC X image processor made for professional grade cameras. Thanks to the new image processor, the EOS R7 inherits the same fast autofocus system that the EOS R3 gets.

Thanks to the same processing power as well, the EOS R7 can shoot at up to 15fps in high-speed burst mode in mechanical shutter mode. In electronic shutter mode it can shoot at up to 30fps continuously. You can even shoot at RAW formats in that speed.

The Canon EOS R7 feature an impressive 32.5-Megapixel on tap. They also managed to fit a 5-axis in-boy Image Stabiliser mechanism within the body with up to eight stops of image stabilisation. The result for that is not just better still images, you also get much better and steady videos even if you are shooting without an external stabiliser rig.

The 32.5-Megapixel sensor captures videos at 4K with 7K oversampling for high-quality and detail rich videos at up to 30p. If you prefer to get more frames out of your videos though, you can switch it down to 4K UHD Standard mode that shoots at 4K resolution still but at 60p. For even better details and more freedom in colour grading, you can switch your camera to Canon Log 3 gamma profile.

Canon EOS R10

EOS R10 with RF S18 45mm f4.5 6.3 IS STM Front Slant
Source: Canon

The Canon EOS R10 also packs the same DIGIC 3 image processor that allows it to also shoot at 15fps continuously in mechanical shutter mode. In electronic shutter mode it shoots at a slightly slower rate of 23fps. You still get 24.2-Megapixel out of the camera though, which should still prove to be mighty clear and detailed.

While it does not pack an in-body stabilisation mechanics, it has a built-in Movie Digital image stabilisation algorithm that allows the camera to simulate a 5-axis body stabiliser to allow for better and steadier video recordings even with lenses that does not come equipped with Optical Image Stabiliser. You still get to record videos at 4UK UHD at up to 30p with 6K oversampling in UHD Fine mode, no Canon Log 3 gamma colour profile to work with here though.

Canon RF-S lenses

  • RF S18 45mm f4.5 6.3 IS STM
    Source: Canon
  • RF S18 150mm f3.5 6.3 IS STM
    Source: Canon

Alongside the two new APS-C crop sensors, Canon also introduces two new lenses for crop sensor mirrorless cameras. They introduced the RF-S18-150mm f/3.5-6.3 IS STM and RF-S18-45mm f/4.5-6.3 IS STM lenses. Both are technically made as kit lenses that should come with either camera choices.

The RF-S18-150mm kit lens offers an equivalent of 29-240mm in effective range. Meanwhile, the RF-S18-45mm lens will offer 29-72mm in equivalent range to full frame cameras. Technically as well, you can use the RF-S lenses with other EOS R cameras, since they have the same RF mount anyway.

Availability

There is currently no confirmed availability date for the camera and the lenses. Canon says that the products will be available later in 2022. In terms of price, there are no confirmed local prices just yet as well. The Canon EOS R10 will be available in the North American region for US$ 980 (MYR 4,305*) for body only and up to US$ 1,380 (MYR 6,062*) with the kit RF-S18-150mm lens on it. The R7 is a little more expensive at US$ 1,500 (MYR 6,589*) for the body only. Buying it together with the RF-S18-150mm lens will set you back US$ 1,900 (MYR 8,346*). You can find out more on the new Canon EOS R APS-C cameras and RF-S lenses on their website.

*Approximately based on exchange rate of US$ 1 = MYR 4.39 as of 25/05/2022 on xe.com

PR Newswire

European business communications provider Dstny acquires Tactful AI to accelerate its position in the Customer Experience Platform market.

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The acquisition takes Dstny to the next level in customer engagement, enabling companies to employ Artificial Intelligence and data in their customer experience operations with minimum effort.

BRUSSELS, May 25, 2022 /PRNewswire/ — Dstny, the European leader in business communications, announced the acquisition of Tactful AI, a technology start-up based in the UK and Egypt, that provides a cutting-edge intelligent customer experience platform. The acquisition extends Dstny’s products portfolio and helps companies enhance customer engagement operations across modern digital and traditional voice channels.

“With Tactful onboard, we are not only strengthening ourselves with next-generation Customer Engagement technology, we are also adding an excellent team to our group,” says Daan De Wever, CEO Dstny Group.

As competition increases, businesses are competing mainly on customer experience. Tactful’s Unified Customer Experience Platform (UCX) is an AI and data-centric solution that empowers business users to manage, engage, and understand the customer journey across multiple touchpoints. It includes a complete omnichannel digital contact centre, multilingual conversational chatbots, and conversational analytics.

“Tactful and Dstny share the same vision to bring employees and customers together through interactive communications tools.  We both believe we can positively impact people’s lives even better together. By joining Dstny, we are excited to accelerate our go-to-market strategy and bring even more value to our customers,” Mohamed Elmasry, co-founder, and CEO of Tactful AI. 

With the out of the box, no-code AI-powered automation engine, any organisation can employ AI and data in their customer experience operations with minimum effort regardless of its technical capacity.

“Our M&A strategy is all about product and revenue synergies, not cost synergies like you often see elsewhere. In that way, we grow faster as joint companies, and our customers get access to more and better products much faster. Tactful is a perfect match in every way, and we are excited to start working together,” says Chris Parker, Dstny Group.

For further information
Christian Hed – CMO Dstny
Email: christian.hed@dstny.com 
Tel: +46707187603

About Dstny
Dstny is a leading European provider of cloud-based Business Communications. The company aims to simplify the everyday lives of more than 2,3 million users today: the interactive tools in Business Communications are delivered as–a-service and bring employees and customers together across all communication formats (voice, video, chat, and other).

The Dstny tools are natively mobile-first, locally adaptable, easy to use, and easy to integrate, for companies, partners, and service providers. By combining innovative technology with close relationships with partners and service providers, and with strong local teams, Dstny can deliver the best possible user experience and make the latest applications accessible to companies across Europe.

Headquartered in Brussels, Dstny has 800 employees in 7 European countries (Belgium, Netherlands, France, Germany, Sweden, Denmark, UK) and an annual turnover of nearly €190 million in 2021.

More info: www.dstny.com

About Tactful

Tactful is a leading and private technology company based in the UK, with a presence in EMEA. Tactful offers omnichannel and AI-powered customer experience software to help businesses thrive by enabling meaningful and effective engagement with their customers across touchpoints. Tactful UCX is a comprehensive customer experience platform that incorporates all technologies and tools businesses need to deliver the best customer experience, reduce costs, and boost customer loyalty and sales.

More info: www.tactful.ai

PR Newswire

More than 1 in 3 website visitors in Japan is a bot, study finds.

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TOKYO, May 25, 2022 /PRNewswire/ — Today, the global leader in Go-to-Market Security, CHEQ, released data that shows 34% of direct website visits in Japan comes from a bots or fake user. This rate is higher than the APAC region at-large, which typically experiences 21% bot traffic from organic and direct sources. Globally, the percentage of invalid traffic from these sources hovers around 27%. 

1 in 3 website visitors in Japan is a bot, study finds.
1 in 3 website visitors in Japan is a bot, study finds.

The fake traffic revealed by CHEQ is comprised of various types of online threats including: harmful scrapers, account hackers, click farms, as well as malicious human activity. The company detected invalid traffic by analyzing websites from 12,000+ customers, and applying thousands of cybersecurity challenges to test whether each user had the intent and ability to make purchases and engage with the website in meaningful ways, or if they were a bad actor.

“Our studies have revealed that Japan websites are particularly at risk for invalid activity,” said Kazuki Fuse, Managing Director of Japan at CHEQ. “While all websites in all regions can fall victim to the Fake Web, certain regions and industries experience higher rates of invalid activity. This data suggests that those doing business in Japan should pay close attention to activity on their sites and be aware of any unusual site visitor actions.”

This data was released as part of a larger report on the state of the Fake Web, and how it impacts marketers and go-to-market teams. The report covered the rates and impact of invalid traffic in various regions, from a variety of sources, and within several different industries. The report also found that the APAC region generally experiences higher rates of invalid traffic than the EMEA region, which sees about 12% fake traffic from organic and direct sources.

Media contact:
Kerry Coppinger
Senior Manager, Brand Marketing @ CHEQ
kerry.c@cheq.ai 

Photo – https://techent.tv/wp-content/uploads/2022/05/more-than-1-in-3-website-visitors-in-japan-is-a-bot-study-finds.jpg  

PR Newswire

Firework Closes $150M SoftBank Vision Fund 2-Led Series B to Continue to Build the Future of Commerce

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Livestreaming commerce leader receives major leg-up in bid to redefine customer experience and engagement for Web 3.0

SAN MATEO, Calif., May 24, 2022 /PRNewswire/ — Firework, the leading livestreaming commerce and digital transformation platform, has secured $150 million in Series B financing, led by SoftBank Vision Fund 2.

The announcement comes as public sentiment towards Big Tech’s “walled-gardens” – the large, closed ecosystems typified by the likes of Facebook and Amazon – grows increasingly strained. Facebook parent company Meta’s recent announcement that it will charge a 47.5% fee on all transactions on its Horizon Worlds metaverse app was the most recent flashpoint to emerge from the debate around Internet centralization.

With the newly acquired funds, Firework aims to accelerate growth across a variety of metrics in pursuit of a bold, long-term vision to reshape the digital landscape with its decentralized infrastructure on which organizations can engage and transact with customers and audiences on their own properties and terms. In the near term, the company aims to increase talent acquisition in engineering, product and marketing, and deliver several enhancements to its overall platform.

“With this investment, our growth engine is firing on all cylinders,” said Firework Co-Founder and CEO Vincent Yang. “Our core technology and business model have already been proven in the market many times over, and with this capital to realize our vision, Firework can now focus most of our efforts on evolution and growth, in all its forms – growing our team, growing our user base, and growing our technology, to ensure the Firework platform never loses step with the bleeding edge of next-generation customer experience.”

Success Begets Success

The outcome of Firework’s Series B funding round can be attributed in large part to a litany of successes stretching back to Q1 2021. With multiple blockbuster customer and partner acquisitions — such as Albertsons Companies, The Fresh Market, and Omnicom Media Group — a strategic investment partnership with American Express Ventures, and numerous high-profile leadership hires, Firework has emerged as the clear frontrunner in the race to lead North America’s still-nascent livestream commerce market.

In China, livestream commerce generated over $300 billion in sales in 2021, representing approximately 12% of overall retail ecommerce sales, and is expected to reach nearly 20% in 2023. The North American market, on the other hand, clocked in at less than $6 billion, representing just 0.1% of overall online sales. The immensity of the opportunity therein wasn’t lost on Firework’s co-founders, Vincent Yang and Jerry Luk, when they launched the company in 2017. Nor has it gone unnoticed by investors. Firework has raised over $235 million in funding to date.

But Vision Determines Its Value

“Short videos and livestreaming are now the default language for the digital era, which is reshaping how consumers engage with brands and products online,” said Linda Yu, Partner at SoftBank Investment Advisers. “We believe Firework empowers businesses to use video to transform their websites into social and storytelling hubs so they can build deeper, long-term relationships with customers. Vincent and Jerry have assembled an impressive team in the digital commerce space and we’re thrilled to partner with them to build a next generation customer experience.”

As part of the transaction, Linda Yu has joined Firework’s Board of Directors.

“We chose to work with SoftBank Investment Advisers for a multitude of reasons, from their unparalleled domain expertise in the ecommerce space to their extensive network,” said Firework Co-Founder and President Jerry Luk. “But above all else, we chose Softbank Investment Advisers because of their shared vision. We have big ambitions at Firework — to become the infrastructure on which the next-generation of the internet is built and run — and Softbank Investment Advisers supports that vision.”

About Firework
Firework is the global leader in humanizing the open web through the language of video. Leveraging shoppable video, live streaming commerce and powerful monetization capabilities, Firework empowers the world’s most dynamic and exciting retailers, consumer brands, and publishers to build engaging video experiences on their owned and operated digital properties and across channels at a global scale. Firework enables organizations to bring new levels of authenticity and connection to online video experiences, speaking to digital natives in the language they understand fully—and taking control of their own customer data. The company has raised over $235 million in capital to date. To learn more, please visit firework.com.

Media Contact
Fatimah Nouilati
Scratch Marketing + Media for Firework
fatimah@scratchmm.com

Albertsons
Albertsons
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PR Newswire

ZOTAC SHOWCASES A NEW UNIVERSE OF POSSIBILITIES AT COMPUTEX 2022

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HONG KONG, May 24, 2022 /PRNewswire/ — ZOTAC Technology, a global manufacturer of innovation, joins COMPUTEX 2022 with exclusive unveilings at our Virtual Booth for you to discover. From the Metaverse-ready wearable PC and professional mini workstation, to the smallest full-featured system and ultimate graphics cards, our strong line-up of innovative products invites all visitors to reimagine how we create, play and work in the new digital universe.

ZOTAC SHOWCASES A NEW UNIVERSE OF POSSIBILITIES AT COMPUTEX 2022
ZOTAC SHOWCASES A NEW UNIVERSE OF POSSIBILITIES AT COMPUTEX 2022

THE NEW INDUSTRY LEADING WEARABLE PC

THE NEW INDUSTRY LEADING WEARABLE PC, ZOTAC VR GO 4.0.
THE NEW INDUSTRY LEADING WEARABLE PC, ZOTAC VR GO 4.0.

The next-generation ZOTAC VR GO 4.0 brings unprecedented freedom of movement and the most reliable connectivity that no wireless VR device can provide. The all-new VR GO 4.0 Backpack PC is now equipped with more advanced technologies, enabling individual developers and 3D designers to visualize and realize all things creative in Virtual Reality (VR), Augmented Reality (AR), or Mixed Reality (MR) for VR content development, virtual entertainment, and more technical scenarios. While for everyone else, the addition of more powerful hardware allows for more visual fidelity and immersive VR experiences.

THE THINNEST PROFESSIONAL WORKSTATION

THE THINNEST PROFESSIONAL WORKSTATION, ZBOX QTG7A4500.
THE THINNEST PROFESSIONAL WORKSTATION, ZBOX QTG7A4500.

The all-new and most powerful ZBOX Mini PC Workstation, ZBOX QTG7A4500, empowers designers, engineers, data scientists, and creators to get more done than ever within the thinnest possible footprint. This is the first pairing of a ZBOX Mini PC with a professional-grade NVIDIA® RTX™ A4500 GPU powered by the NVIDIA Ampere architecture, featuring the power of real-time ray tracing, simulation, and Artificial Intelligence. The professional-class GPU backed by a multi-core and multi-threaded Intel® Core™ i7 processor has the high performance to tackle memory-intensive workloads and accelerate graphics performance for a smooth multi-tasking and responsive experience.

THE SMALLEST FULL-FLEDGED DESKTOP PC

THE SMALLEST FULL-FLEDGED DESKTOP PC, ZBOX PI336 pico.
THE SMALLEST FULL-FLEDGED DESKTOP PC, ZBOX PI336 pico.

Uncover endless possibilities with ZBOX PI336 pico. Pre-installed with Windows 11, the 4K capable ZBOX pico features an updated design while it can still comfortably slip into your pocket. With support of simultaneous dual 4K display, expandable storage via micro SDXC, desktop sized expansion ports, and onboard memory and storage, the world’s smallest full-fledged computer is capable of powering cloud based applications, tackling light everyday tasks on-site or from a remote location, and driving business possibilities far and wide.

THE ULTIMATE GRAPHICS CARDS FOR GAMERS AND CREATORS

THE ULTIMATE GRAPHICS CARDS FOR GAMERS AND CREATORS, ZOTAC GAMING GeForce RTX™ 30 Series.
THE ULTIMATE GRAPHICS CARDS FOR GAMERS AND CREATORS, ZOTAC GAMING GeForce RTX™ 30 Series.

The latest ZOTAC GAMING GeForce RTX™ 30 Series features powerful performance to offer the best experience on the world’s popular games and creative apps. Based on the NVIDIA Ampere architecture, the graphics card line-up is packed with up to fast GDDR6X memory, 2nd generation RT cores for ray tracing, and 3rd generation Tensor cores for new cutting-edge AI features including NVIDIA DLSS, NVIDIA Reflex, NVIDIA Broadcast technologies, and wide GPU acceleration support in a whole host of creative applications.

PR Newswire

ActionIQ Named Finalist in 2022 Digiday Media Awards

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AIQ recognized in Best Use of First-Party Data Strategy category

NEW YORK, May 24, 2022 /PRNewswire/ — ActionIQ, the leading enterprise Customer Experience Hub (CX Hub) powered by a customer data platform (CDP), today announced that it was selected as a 2022 Digiday Media Award finalist in the Best Use of First-Party Data Strategy category for its work helping a global media company deliver personalized, consistent customer experience across all its brands to shift from advertising to subscription business model. The Digiday Media Awards recognize the companies working to modernize digital media.

“We’re proud to have been selected as Digiday Media award finalist in the Best First-Party Data Strategy category,” said Tasso Argyros, Co-Founder and CEO at ActionIQ. “We work with many marquee brands in the media and publishing industry. As third-party cookies go away, it’s becoming especially important to have a solid first-party data strategy, and media brands – as well as companies in other industries – turn to ActionIQ to help them activate first-party data and power personalized customer experiences across every touchpoint and at every step of the customer journey.”

The ActionIQ CX Hub, powered by a CDP, empowers organizations to flexibly and securely leverage the solutions they need to power personalized experiences at scale. Technology teams maintain complete control of data governance while giving business users self-service access and seamless integrations. Business teams have permissioned direct access to explore the customer data they need to orchestrate both real-time experiences and omnichannel customer journeys.

Details about the 2022 Digiday Media Award finalists can be found here. Award winners will be announced in a virtual ceremony on June 30, 2022.

About ActionIQ
ActionIQ revolutionizes the way brands think about customer experience, digital transformation and the value of customer data as a core corporate asset. We concentrate on solving enterprise data challenges so that teams are empowered to create authentic customer experiences across all brand touchpoints. ActionIQ helps G2000 companies by connecting their first-party customer data, providing an easy-to-use interface for business users to access customer insights and enabling customer experience orchestration across channels. To learn more, visit ActionIQ.com.

Media Contacts

Dusya Broytman
dusya.broytman@actioniq.com  +1-201-707-2334

Logo – https://techent.tv/wp-content/uploads/2022/05/actioniq-named-finalist-in-2022-digiday-media-awards.jpg

Android, Computers, Gaming, iOS, Mobile, News

Diablo Immortal Gears Up for June Release in Southeast Asia – Welcome back to the World Of Sanctuary

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“Hello my friend, stay a while and listen…”

Those are the immortal words that many who have ventured into the world of Sanctuary hear in their minds. The words string together an epic, gothic journey to save a small town which then turned into a quest to save the world.

Diablo Immortal is, perhaps, the most contentious entry into the long running series by Blizzard. The game was overshadowed by anticipation for a follow up to Diablo 3. However, hot on the heels of the announcement of the much anticipated Diablo 4, the doors of Sanctuary are now opening once again. Diablo Immortal will be debuting globally on 2 June 2022.

Diablo Immortal | Release Date & PC Announce Trailer

However, Southeast Asia will have to wait a few weeks until 23 June 2022. According to Blizzard, the is needed “to better optimise the player experience by setting up dedicated game servers for the region”. The game will be available in Malaysia, Macau, Philippines, Taiwan Singapore, Indonesia, Hong Kong and Thailand on iOS, Android and PC. However, it will only be available on PC in Vietnam at the time of launch. Pre-registered users will receive the Horadrim Cosmetic Set at launch. The game also supports cross play and cross progression between platforms.

The game takes place between the events of Diablo 2 and Diablo 3 after the shattering of the World Stone. With Tyrael presumed dead and the World Stone shattered, Sanctuary is thrown into chaos. The powerful fragments of the World Stone are now littered across the world, tainting Sanctuary. Diablo’s hordes of minions are seeking that power to bring the Lord of Terror back. It falls to the player, a nephalem, to stop them.

Diablo Immortal | Pre-Registration Cosmetic Trailer

Players will be able to play as one of six classes in Diablo Immortal – Barbarian, Crusader, Demon Hunter, Monk, Necromancer or Wizard – as they embark on a journey through eight different zones and the great city of Westmarch. You will come across many familiar faces in your journey including the wise sage, Deckard Cain as you venture to gather the shattered pieces of the World Stone before the forces of the Burning Hells.

Unlike other entries in the Diablo franchise, Diablo Immortal is a Massively Multiplayer Online Action Role-Playing Game (MMOARPG) with a social experience that is totally new to the franchise. Players will now be able to interact with others in a massive world. You will be able to form Warbands and take on intense Helliquary raid bosses and even join Clans with up to 150 other players to unlock Clan achievements. You’ll even be able to test your strength as you vie for the Eternal Crown in the Cycle of Strife with brutal 1v30 showdowns as you defend the crown.

  • DI Mobile Shassar Gameplay DemonHunter
  • DI PC Challenge Rift Gameplay Crusader
  • DI PC FrozenTundra Gameplay Crusader
  • DI PC Ashwold Cementery Gameplay Wizard

Diablo Immortal is free to play but has a microtransaction component to it. According to Blizzard, in-game purchases are optional with the game’s core experience being completely free. The company is also teasing new content for the game in the coming years. NetEase and Blizzard will be adding new zones, dungeons and character classes regularly.

Game Requirements

PlatformSystem Requirements
iOSHardware: iPhone 6S and newer
Operating system: iOS 11 and later
AndroidOperating System: Android 5.0 and higher
Processor: Snapdragon 660 / Exynos 9611 and higher
Video: Adreno 512 / Mali-G72 MP3 and higher
Memory: 2GB RAM and higher
Windows PCMinimum Requirements Operating System: Windows® 7 / Windows® 8 / Windows® 10 / Windows® 11 (64-bit)
Processor: Intel® Core™ i3 or AMD™ FX-8100
Video: NVIDIA® GeForce® GTX 460, ATI Radeon™ HD 6850 or Intel® HD Graphics 530
Memory: 4 GB RAM
Internet: Broadband Internet connection
Resolution: 1920 x 1080 minimum display resolution  

Recommended Specifications
Operating System: Windows® 10 / Windows® 11 (64-bit)
Processor: Intel® Core™ i5 or AMD Ryzen™ 5
Video: NVIDIA® GeForce® GTX 770 or AMD Radeon™ RX 470
Memory: 8 GB RAM
Internet: Broadband Internet connection
Resolution: 1920 x 1080 minimum display resolution
PR Newswire

New Bite Investments Report Reveals High Expectations for Digital Growth in the Private Capital Industry

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New study finds that the pandemic encouraged large firms to enhance technological capacity and smaller firms to capitalize on a first-mover advantage

LONDON, May 23, 2022 /PRNewswire/ — Bite Investments released a report in association with Mergermarket concluding that enhanced data access and operational efficiencies are the main drivers for digitalization among investment firms. The report, titled “The Tech’s Factor: The digitalization of private markets in 2022 and beyond,” reveals how digitalization is shaping the private capital industry and how fund managers are adopting to tech, for what purposes and how the size of a firm can be a determining factor in speed, success, and satisfaction.

The report surveyed US senior executives from middle market, boutique funds, and asset managers on the topic of digitalization of the private markets. The research revealed that it is crucial to be ahead of the game when it comes to digital adoption. 90% of firms with AUM of more than US$1bn agree that keeping ahead of the game in regard to technological capabilities at their organization is a top priority.

“Investors are arguably the most important part of the private capital ecosystem. Therefore, catering to their desires and demands is an absolute priority for alternative asset managers. Digital adoption is needed to help enhance this client onboarding,” said William Rudebeck, CEO, Bite Investments.

“There are great expectations for digital growth. We found that big firms are much further along in terms of digital adoption and how this will be applied to their value chains. This means that smaller firms can still capitalize on a first-mover advantage among peers,” said John West, Managing Editor EMEA at Mergermarket.

“The pandemic has been a catalyst for digital adoption in the private capital industry. But regardless of what happens with Covid-19, the realized benefits of this change are here to stay. We are not going back to the old ways of doing business,” Rudebeck added.

The report demonstrates what a digital future would look like for the private markets industry. Key findings include:

  • External digital investments are expected to increase. Over three-quarters (80%) of larger firms expect to make external digital investments (e.g., to advisors and services providers) north of US$1m, with 33% anticipating investments of between US$5m and US$10m. Smaller firms with AUM of less than $1bn expect to make commensurately smaller investments into external digital investments.
  • Portfolio/fund management and analysis, and investor profiles ranked first as firms’ top digital priorities. Larger firms also identified that digitalization investments will improve investor onboarding, relationship management and communication whereas smaller firms listed due diligence as a top business function to digitalise.
  • Cloud/Software-as-a-Service (SaaS) will have the largest impact on how private equity firms operate over the next ten years. For this reason, increased investment in cloud/SaaS solutions are deemed necessary to improve operations. A majority of firms are expecting to invest further into areas in which they have already made progress and investments. These include cloud/SaaS solutions (78%–80%) and social media, mobile and collaborative digital technologies (75%–83%). The primary benefit of using cloud/SaaS platforms is to streamline operations.
  • Third party service providers are used for a wide variety of services. The size of the company often dictates the services needed and prioritised. For instance, 81% of larger firms use a specialist third party software service provider for their due diligence. However, smaller firms are more likely than larger ones to say they currently use third parties for their portfolio/fund management, analysis, and investor profiles.
  • Operational efficiencies will be the single most important long-term effect of digitalization. Operational efficiencies at the portfolio company level are essential to a private capital firm’s value creation playbook. Other long-term benefits respondents most commonly expect from their digital investments include access to enhanced quality and quantities of data (78% of all respondents). Digitalization projects will not succeed without good, clean data.

“These insights reaffirm that as digitization accelerates, fund managers will have to adapt to continuous tech evolution. Our mission at Bite Investments opens possibilities in alternative investment markets with digitization, and a new forward-thinking approach, enabling firms to configure their own digital platform to improve the experience for existing and prospective investors and limited partners,” Rudebeck concluded.

Methodology:

In Q4 2021, Acuris Studios, on behalf of Bite Investments, surveyed 80 senior executives from middle market, boutique funds and asset managers based in the US on the topic of digitalization of the private markets. Forty respondents were from firms with Assets Under Management (AUM) of US$1 billion or more and 40 respondents were from firms with AUM of less than US$1 billion.

Download the report here: https://www.biteinvestments.com/newsroom/Insights/white-paper–the-techs-factor-the-digitalization-of-private-markets-in-2022-and-beyond

About Bite Investments: Bite Investments is a financial technology company created to expand access to alternative investments. The company’s enterprise solution helps fund managers utilize a digital platform to streamline their client’s diligence, compliance, distribution, client onboarding, and investor relations processes and workflows. Bite’s investment solutions bring alternative investments out of the institutional market, making them accessible to a larger audience. Bite Investments is a fintech company led by an international team with extensive experience in alternative investments, financial services, and technology. Bite has offices and customers in Asia, Europe, and North America. Learn more at https://www.biteinvestments.com.