Yearly Archives: 2024

PR Newswire

Hello Group Inc. Launches the Native Social App ‘inSpaze’ for Apple Vision Pro

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BEIJING, Feb. 5, 2024 /PRNewswire/ — Hello Group Inc. (NASDAQ: MOMO), a leading mobile social and entertainment player in China, has launched the native immersive social app inSpaze for Apple Vision Pro in the U.S.

inSpaze, the brand-new app specially developed for visionOS, is now available for all Apple Vision Pro users. With technologies such as 3Ds, Reality Converter, Reality Composer Pro, etc., the native spatial computing app inSpaze allows users to connect with Apple Vision Pro users globally, along with Spatial Audio and 3D interaction content.

inSpaze users can immerse themselves completely in a world of their own creation. In addition to persona support, users can also generate 3D avatars with one-click, as well as customize their personal space in the app: choose the wall paint and curtain color, select floor texture, add pictures on the wall, play personal collecting music, etc.

Regarding social features, inSpaze users can start or join a party at any time, and chat with Apple Vision Pro users worldwide. The app has 12 built-in language modes and provides real-time synchronized translation. inSpaze users can also play social games in the app such as chess, allowing them to control the chessboard and chess pieces in real time with gaze. Moreover, when not wearing the Apple Vision Pro, inSpaze users can also download the app on the App Store and use it on iPhone to connect with others.

With the integration of inSpaze’s cutting-edge technology and the unique platform on Apple Vision Pro, inSpaze breaks through the spatial isolation and language barriers, providing ultimate entertainment and social experience through immersive interaction. Similar to the evolution of the App Store on iPhone, the true potential of Apple Vision Pro will be realized through all new applications which haven’t been thought of yet. Just like inSpaze reshapes the boundary of social interactions, education, health, shopping, entertainment etc. will all get redesigned.

About Hello Group Inc.

Hello Group Inc. was founded in 2011 and listed on the Nasdaq Stock Market (NASDAQ: MOMO) in 2014. The company is a leading player in mainland China’s online social networking space. Through Momo, Tantan and other properties within our product portfolio, the company enables users to discover new relationships, expand their social connections and build meaningful interactions. Starting from 2019, the company has incubated a number of other new apps, such as Hertz, SoulChill, Duidui, TieTie and inSpaze, which target more niche markets and more selective demographics.

Source: Hello Group Inc.

PR Newswire

StringsSG Revolutionizes Aircon Servicing in Singapore Over the Last 12 Months

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SINGAPORE, Feb. 4, 2024 /PRNewswire/ — StringsSG, a leading player in the aircon servicing industry, is proud to announce its revolutionary impact on the market over the past 12 months. Through innovative approaches, data-driven pricing, strategic partnerships, and streamlined operations, StringsSG has redefined the standards of aircon servicing in Singapore.

1. Data-Driven Pricing:

StringsSG has set a new benchmark by consolidating over 20K data points since August 2018, leading to unparalleled precision in pricing. This extensive data collection empowers StringsSG to standardize and determine the most cost-effective aircon servicing rates in Singapore. The utilization of artificial intelligence in pricing calculations has resulted in a remarkable 91.2 percent probability that StringsSG offers the most competitive prices for aircon servicing, repair, or chemical wash services.

2. Partnering with the Best:

StringsSG’s commitment to excellence is underscored by its collaboration with some of the finest aircon contractors in Singapore. These partnerships enable StringsSG to deliver top-notch services, ensuring that customers experience optimal functionality of their air conditioning units. By aligning with experienced and reputable contractors, StringsSG prioritizes quality in every service provided.

3. Streamlined Operations:

StringsSG’s unique approach extends support to both customers and contractors, driving efficiency in operations and reducing costs:

Marketing: StringsSG handles marketing efforts, effectively promoting contractors’ services, eliminating the need for costly advertising investments.

Job Management and Scheduling: Efficiently managing appointments, scheduling, and assignment, StringsSG optimizes routes and minimizes downtime for contractors, resulting in cost reduction.

Invoicing and Accounting: StringsSG provides a centralized platform for invoicing and accounting, reducing overhead costs for contractors by eliminating the need for expensive accounting software or additional personnel.

4. Cost Efficiency Benefits Customers:

By helping aircon contractors cut down on overall expenses, StringsSG significantly reduces the cost of aircon services for customers. This cost efficiency allows consumers to enjoy the benefits of professional aircon servicing without compromising quality or breaking the bank.

StringsSG Pte Ltd stands as a beacon of innovation and cost-effective solutions in the aircon servicing sector, reinforcing its commitment to providing unparalleled services to the residents of Singapore.

StringsSG Pte Ltd is a Singapore-based tech startup dedicated to transforming professional and home services. Through advanced technology, StringsSG enhances user experiences and optimizes service efficiency, meeting the evolving needs of Singapore residents.

PR Newswire

Mindvalley Launches First Fully Immersive Meditation and Personal Development App on Apple’s Vision Pro

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Mindvalley is solo immersive Personal Development App Included on visionOS App Store 

KUALA LUMPUR, Malaysia and LONDON and NEW YORK and LOS ANGELES, Feb. 3, 2024 /PRNewswire/ — Mindvalley, the leading personal growth platform, is thrilled to announce the launch of its groundbreaking fully immersive meditation and personal development app on Vision Pro, Apple’s revolutionary spatial computing headset.

Mindvalley Vision Pro Launch

The app, jointly developed by Mindvalley and Oscar-winning creative studio, Framestore, represents a major breakthrough in personal development. With the integration of state-of-the-art virtual reality and audio technologies, users can now experience fully immersive meditations in breathtaking natural environments such as forests, deserts, and mountains. Additionally, the app offers a unique feature allowing users to practice and improve their public speaking skills through fully immersive simulations, in addition to Mindvalley’s extensive library of episodic personal growth content; Quests.

“We are incredibly excited about this collaboration with Apple,” said Vishen, Founder and CEO of Mindvalley. “Mindvalley was founded to help people push the boundaries of innovation and personal growth. By combining our passion for transformation with Apple’s cutting-edge technology, this app has the potential to revolutionize the way people approach meditation and personal growth.”

The collaboration between Mindvalley and Apple at the Vision Pro Developer Labs brought together two innovative forces in their respective industries. Mindvalley, known for its expansive library of online courses and programs, has impacted over 20 million lives worldwide by helping individuals unlock their full potential. Apple, renowned for its commitment to revolutionizing technology and creating seamless user experiences through its range of products and services, is on a continuous path of innovation.

As part of the Developer Labs, Mindvalley worked closely with Apple Worldwide Developer Relations in Singapore to integrate Vision Pro’s extraordinary capabilities with Mindvalley’s transformational content. Vision Pro offers high-quality displays, immersive environments, spatial audio, and advanced eye tracking, which were incorporated into the Mindvalley app to ensure an unparalleled level of immersion and interactivity.

“It was an honor to work with Apple’s amazing team in Singapore to gain unprecedented access to the Vision Pro as we developed the app,” said Manon Dave, Chief Product Officer of Mindvalley and Creative Technology Director at Framestore. “Vision Pro is the next step in personal computing, and we’re thrilled to have worked with Apple to bring Mindvalley to the forefront of wellness tech.”

To bring the experiences on the app to life, Mindvalley enlisted Framestore’s world-leading VFX and Immersive talent. “We are immensely proud to have collaborated with Mindvalley to bring forth a transformative experience for their users,” said Framestore CEO Mel Sullivan. “Partnering to integrate the unique capabilities of Apple Vision Pro was an extraordinary opportunity for our immersive team, leveraging our expertise honed in crafting world-class visuals for every screen. This project underscores our commitment to push the boundaries of technology while highlighting how innovation can be used to create a meaningful and impactful experience that resonates with people on a profound level.”

For more information about Mindvalley and their upcoming immersive app on Vision Pro, visit their website at www.mindvalley.com.

About Mindvalley:
Mindvalley is the world’s most powerful transformation platform that helps people step into their greatness. From longevity and wellness, to peak performance and spirituality, we provide cutting-edge programs from leading experts to help people achieve success and happiness and find fulfillment. Mindvalley’s learning platform, called ‘Quest’, introduces a new way of learning that delivers unparalleled results in human transformation. Mindvalley reaches more than 195 countries and has a vibrant community of 20 million passionate followers, boasting over 19,000 success stories and counting. Follow Mindvalley for more life-changing content at mindvalley.com or on social media: Instagram, Facebook, YouTube and TikTok.

About Framestore:
Framestore is a multi Academy Award-winning creative studio that combines talent and technology to reframe the possible in film, content, advertising and immersive experiences. Framestore is home to over 3,000 storytellers and innovators, united by a mission to bring life to everything they create. Founded in the UK in 1986, Framestore has studios in New York, LA, Chicago, Montreal, Vancouver, London, Melbourne and Mumbai.

Video – https://mma.prnasia.com/media2/2333273/Mindvalley_Vision_Pro_Launch_Sizzle.mp4

https://mma.prnasia.com/media2/2333273/Mindvalley_Vision_Pro_Launch_Sizzle.mp4
PR Newswire

KEENON Robotics’ DINERBOT T9 Pro Receives Esteemed 2023 GOOD DESIGN® Award by The Chicago Athenaeum: Museum of Architecture and Design

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CHICAGO, Feb. 3, 2024 /PRNewswire/ — KEENON Robotics is delighted to announce the recognition of its DINERBOT T9 Pro, an autonomous delivery robot, honored with the esteemed 2023 GOOD DESIGN® Award by The Chicago Athenaeum: Museum of Architecture and Design. This acknowledgement celebrates the exceptional design aimed at simplifying the pick-up process and transforming dining experiences through engaging interactions. The DINERBOT T9 Pro ensures patrons retrieve items effortlessly, enhancing user convenience and marking a significant milestone in service robotics innovation.

KEENON DINERBOT T9 Pro Receives 2023 GOOD DESIGN® Award by The Chicago Athenaeum: Museum of Architecture and Design
KEENON DINERBOT T9 Pro Receives 2023 GOOD DESIGN® Award by The Chicago Athenaeum: Museum of Architecture and Design

This cutting-edge service robot transforms dining experiences by inviting patrons to actively engage with their meal by self-pickup, eliminating the need to stand or perform additional steps, significantly improving user convenience and efficiency. Upon reaching the table, it orchestrates a seamless self-service experience through a large-screen display, friendly voice prompts, and integrated lighting. With upgraded scene recognition, fluid movement, human-robot interaction, and data optimization, the T9 Pro epitomizes elegance while paving the way for intelligent automation.

Crafted with meticulous attention, the DINERBOT T9 Pro merges aesthetics and practicality seamlessly. Its sleek, contemporary design combines simplicity and innovation, presenting a visually compelling appearance that harmoniously balances style and technological advancement, marking a unique standard in intelligent robotics.

KEENON Robotics’ recognition with the 2023 GOOD DESIGN® Award, alongside exceptional designs, reaffirms its commitment to crafting robots that seamlessly integrate into and enhance various facets of everyday life. This prestigious accolade not only acknowledges the pursuit of exceptional design but also strengthens its mission to create technology that harmoniously aligns with human needs, contributing to a more accessible and efficient future. The DINERBOT T9 Pro’s streamlined operations for restaurants and enhanced dining experiences for customers showcase its praticality and necessity in evolving service robotics.

For more information and press inquiries, please contact global@keenon.com or visit www.keenon.com/en/ 

About KEENON Robotics

A global leader in commercial service robots and solutions, KEENON Robotics has been at the forefront of the advanced service robot market since 2010. Harnessing cutting-edge technologies in robotics and cloud computing, the company is trusted by businesses worldwide. KEENON Robotics is dedicated to creating value, fostering innovation, and contributing to industry growth across various sectors.

Business, Contributed

The Role of Technology in Transforming Jobs and Supercharging Careers

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In an era marked by swift technological progress which is often seen as disruptors to jobs, it’s time to shift our perspective. As the job landscape undergoes transformation, many individuals find themselves standing at a crossroads in the evolving workforce. Instead of fearing obsolescence, people are embracing the new era of technology-enabled learning and reskilling. In Malaysia, 96% of employers are either currently using or planning to use GenAI technology in 2024. This means that employees will now need to further build their skills to keep up with evolving job descriptions. Fortunately, a wide array of online courses, skilling content, AI-guided career counselling, and virtual reality simulations are readily available to assist employees in advancing or pivoting their career paths.

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Photo by fauxels on Pexels

Welcome to the era where technology is spearheading a reskilling and upskilling revolution that transforms careers. To access this, you don’t have to go to a university and attend classes in person – today, there are a variety of options, from online courses to complimentary upskilling apps available to anyone seeking it. 

Unlocking the potential of upskilling and reskilling in Southeast Asia

Southeast Asia is one of the fastest-growing economies in the world and is home to the third-largest labour force which is predominantly young. In Malaysia, the labour force makes up 16.97 million persons, indicating that there is an enormous potential for skilled labour. Yet, job participation, skill development and productivity levels are still lagging behind. Over the past decade, labour force participation in some Southeast Asian countries has gradually increased, while others have seen their rates fall significantly. What’s more, high rates of informal employment and a lack of support for older workers has slowed the region’s shift to a knowledge-based economy. 

Research by PwC indicates that upskilling and reskilling, with a focus on digital-first capabilities, can potentially boost Southeast Asia’s GDP by 4% by 2030, creating nearly 680,000 new jobs.  Importantly, it helps to create an agile and resilient workforce in the face of economic uncertainty and geopolitical strife.

Technology as a learning tool

In light of these circumstances, we urgently need to rethink our approach to upskilling. Lifelong learning programs, utilising technology to deliver online content, offer greater benefits to adults and older professionals seeking fresh challenges beyond the limited courses offered by traditional education institutions. In markets like Malaysia, digital skills are the top focus for employees, with most still prioritising basic digital skills (83.1%).

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Photo by Vojtech Okenka on Pexel

Technology empowers learners, giving them control and personalisation. This allows them to set their own pace since lectures and materials are pre-recorded, or they can participate in virtual lessons via online platforms such as Jobstreet’s Career Hub powered by seekMax, eliminating the need for in-person attendance. Through online platform learning such as this, the learner will be able to focus on gaining the skills they want to prioritise to be more suited for their next job.

In comparison to full-time universities that emphasise rigorous academics, upskilling and lifelong learning institutions provide easily digestible, bite-sized content for rapid knowledge acquisition. Furthermore, these modern educational models are designed to accommodate busy schedules and shorter attention spans, placing a strong emphasis on accessibility and convenience.

What’s particularly significant is that these accessible platforms empower learners to develop both hard and soft skills. For instance, individuals in today’s workforce can equip themselves with essential skills such as salary negotiation and leadership. 

Enhancing the upskilling experience  

Once considered staid, lifelong learning platforms are continuously innovating to improve the social aspects of their programs. To do this, many programs promote learning through collaboration and communication. Talent embarking on a lifelong learning journey can engage in group learning activities to interact with course material, forums, quizzes, masterclasses, or online discussions. 

With the rise of online communities, it’s easier than ever for a working professional to gain relevant and practical insights from like-minded peers or industry experts who can help them navigate their careers by providing tailored advice. 

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Photo by Artem Podrez on Pexels

This is exactly the sort of positive learning environment we’re creating with Jobstreet’s Career Hub powered by seekMAX, SEEK’s free innovative in-app learning and community platform that’s designed for on-the-go learners – with access to a wealth of content as well as industry experts. Since launch, nearly 1 in 3 monthly active users of the Jobstreet platform have already started using seekMAX as a tool to learn new skills and share insights amongst the community. 

As the world’s workforce continues to evolve – lifelong learning platforms are crucial to personal growth and professional success. Lean into the opportunities they offer to stay relevant and competitive. The public and private sectors must also encourage this mindset in order to build a future-proof workforce. 

PR Newswire

Walt Disney Studios and Pixelworks Enter into a First of its Kind Multi-Year Agreement to Expand Reach of TrueCut Motion Technology

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Disney will pioneer motion grading on select titles ensuring playback matches filmmaker creative intent

BURBANK, Calif., Feb. 1, 2024 /PRNewswire/ — In a new agreement, Walt Disney Studios and Pixelworks will bring a collection of TrueCut MotionTM graded titles to select home entertainment devices. These titles maintain a new level of true filmmaker creative intent by eliminating motion playback anomalies, while maintaining the desired brightness levels; all while preserving the authentic cinematic motion look and feel of the source.

“At Disney, we are always looking for ways to elevate the viewer experience,” said Rachel Hutter, Head of Operations, Disney Studios. “TrueCut Motion technology brings a new level of creative reach to our filmmakers like never before.”

The revolutionary and award winning TrueCut Motion technology provides filmmakers with shot-by-shot motion grading tools, enabling new looks for storytelling, as well as correcting various motion anomalies that have plagued the latest high contrast, very bright consumer device displays. TrueCut Motion technology then ensures that these creative choices are precisely mastered into the source material, delivering content with unparalleled quality to device displays.

“Disney once again is extending the boundaries of the home cinematic experience, empowering its filmmakers to delight their audiences, and we are proud to be a part of it,” said Richard Miller, GM of TrueCut Motion at Pixelworks.

Pixelworks and TrueCut Motion are registered trademarks of Pixelworks, Inc.

About Walt Disney Studios
For 100 years, The Walt Disney Studios has been the foundation on which The Walt Disney Company was built. Today it brings quality movies, episodic storytelling, and stage plays to consumers throughout the world. The Walt Disney Studios encompasses a collection of respected film studios, including Disney, Walt Disney Animation Studios, Pixar Animation Studios, Lucasfilm, Marvel Studios, Searchlight Pictures, and 20th Century Studios. It is also home to Disney Theatrical Group, producer of world-class stage shows, as well as Disney Music Group.

About Pixelworks
Pixelworks, Inc. (Nasdaq: PXLW) provides industry-leading content creation, video delivery and display processing solutions and technology that enable highly authentic viewing experiences with superior visual quality, across all screens – from cinema to smartphone and beyond. The Company has more than 20 years of history delivering image processing innovation to leading providers of consumer electronics, professional displays and video streaming services. Pixelworks’ TrueCut Motion ecosystem allows filmmakers to create visually stunning motion, scene by scene while ensuring the director’s intent is precisely delivered in cinemas or home theaters.
For more information on Pixelworks, visit: www.pixelworks.com

For more information on TrueCut Motion, visit: www.pixelworks.com/truecut

Pixelworks_Logo_V1
Pixelworks_Logo_V1

Source: Pixelworks, Inc.

PR Newswire

WeBank Recognized as a World Leading Digital Bank driven by Innovation

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SHENZHEN, China, Jan. 31, 2024 /PRNewswire/ — Leading IT market research and advisory firm International Data Corporation (IDC) published its latest case study report, How Does WeBank Lead the Way Among Digital Banks Worldwide? (Doc # CHE50976724,January 2024) The report recognizes WeBank as the benchmark in the development of digital bank worldwide.

The report provides an in-depth analysis of the successful practices of WeBank as a world-leading digital bank in terms of its innovation in technology, digital inclusive finance business model, digital risk management and user experience.

(Executive snapshot from How Does WeBank Lead the Way Among Digital Banks Worldwide? (CHE50976724) published on 31 January 2024)
(Executive snapshot from How Does WeBank Lead the Way Among Digital Banks Worldwide? (CHE50976724) published on 31 January 2024)

“WeBank’s innovative ideas and methods in digital bank development are not only applicable to itself but also highly valuable for all digital banks, traditional banks, and other financial institutions,” Alice Wen, research manager at Financial Insights, IDC China, says, “it is recommended that financial institutions fully leverage emerging technologies to actively adopt a blue ocean strategy in developing financial inclusion business, while maintaining a sense of crisis and continuous innovation to gain the initiative and advantage in the future competition.”

WeBank Takes Fintech and Innovations to Drive the Development of Businesses

Amid the rise of digital banks across Asia, Europe, and the Americas, WeBank takes a prominent position by leveraging financial technology to introduce innovative products in China’s financial sector.

The report fully analyzes the resources WeBank has committed to the research and development of core and key technologies such as Artificial Intelligence, Blockchain, Cloud Computing, and Big Data (ABCD) to construct as well as support its business. Notably, WeBank’s Openhive-based distributed core banking system has ensured a secure, efficient, and superior digital customer experience catering to its growing consumer base.

Simultaneously, WeBank advocates for FinTech open source on two fronts: internally via its open-source governance system, and externally through open-source projects centering around ABCD technologies. By June 2023, WeBank had successfully launched 35 open-source projects.

WeBank as an Example of Digital Banking in Financial Inclusion 

Entering its tenth year, China’s inclusive finance development, featuring digital finance variables, is key in the government’s agenda to boost the nation’s financial strength.

WeBank’s strides in this field have filled market gaps and demonstrated the great potential of sustainable inclusive finance within commercial businesses. It brings lasting changes in perceptions within financial institutions from the aspects of FinTech capability, digital product innovation, risk management and customer experience. By now, WeBank has delved into two segments, namely consumer finance and MSME (small and medium-sized enterprises) finance, providing high-quality services to over 370 individual customers and 4.1 million micro, small and medium-sized entities in China. Its successful innovation in inclusive finance has led to ripple effects in industry development, making it a desirable model even for global digital banks.

In November 2023, WeBank was awarded the honor of “Special Award for Digital Native Business” by IDC Future Enterprise Awards in Asia-Pacific region, acknowledging its forward-thinking and exceptional innovation.

Full report:
https://www.idc.com/getdoc.jsp?containerId=CHE50976724&pageType=PRINTFRIENDLY 

About WeBank

Launched in 2014, WeBank Co., Ltd. (“WeBank”) is the first digital bank in China. WeBank provides more convenient financial services to micro-, small- and medium-sized enterprises (MSMEs) and the public, and continuously improves the quality of services in response to customers’ specific needs. As one of the top 100 banks in China, WeBank now ranks 284 in the Top 1000 World Banks by The Banker.

WeBank focuses on innovation and technology. As the first commercial bank to obtain the national high-tech enterprise certification in China, WeBank has maintained its proportion of technical personnel above 50% since its establishment, while its research and development expenses of accounted for around 10% of its revenue. WeBank is now at the top of the industry in core technologies such as artificial intelligence (AI), blockchain, cloud computing and big data.

PR Newswire

DFI Unveils Embedded System Module Equipped with Intel’s Latest AI Processor to Enter the AI IPC Market

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TAIPEI, Jan. 31, 2024 /PRNewswire/ — DFI, the world’s leading brand in embedded motherboards and industrial computers, is targeting the AI application market by launching the embedded system module (SOM) MTH968 equipped with the latest Intel® Core™ Ultra processor. It is the first product integrated with an NPU (Neural Processor Unit) processor, representing the official integration of AI with industrial PCs (IPCs). With the expansion into AI IPC, DFI expects to inject new momentum into the AI edge computing market.

According to the STL Partners report, the potential market value of global edge computing will increase from US$9 billion in 2020 to US$462 billion in 2030, representing a compound annual growth rate (CAGR) of 49%. Therefore, the development of products that utilize the core capabilities of chips to rapidly execute AI edge computing in devices has become a key focus for many major technology companies.

DFI’s MTH968 adopts the COM Express (COM.0 R3.1) Type 6 module standard and is equipped with an Intel Meteor Lake processor, marking the debut of integrated CPU, GPU, and NPU on a single chip. Two “low-power, high-efficiency cores (LP E-core)” are built in, reducing power consumption by 30% to 50%, optimizing the CPU by 10%, and improving GPU performance by up to 114% compared to previous generation Intel processors.                            

The built-in NPU of Meteor Lake enhances the performance of the MTH968 in critical AI tasks. Based on new AI computing architecture, the device can more efficiently process advanced AI edge computing, complex graphics computing, and other applications, while saving data on cloud costs.

The MTH968 has highly customizable integration capabilities and a fanless wide temperature design(operating from -40°C to 85°C), and utilizes DDR5 and NVMe SSD to optimize high-efficiency computing performance, reduce latency, and enhance storage speed. The MTH968 can be widely used in AIoT fields such as industrial automation, smart transportation, and smart agriculture.

As 5G, edge computing, and remote control tech advance, IPCs directly handle complex tasks through AI edge computing. DFI’s MTH968 excels in high-performance computing with account energy efficiency, enhancing computing and customizable flexibility, thereby accelerating industrial AI application upgrades.

Key features:

  • Equipped with Intel® Core™ Ultra processor (Meteor Lake)
  • Supports dual-channel DDR5 and NVMe SSD
  • Fanless and wide temperature design: -40°C to 85°C
  • Compact size: 95mm * 95mm
  • Com Express Type 6

For more information: LinkedIn or contact us. 

Contact 

eva.chen@dfi.com 
evelyn.chang@dfi.com 

Source: DFI Inc.

PR Newswire

Cloudwerx Acquires Lightfold, Australia’s Leading Data and AI Consultancy

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SYDNEY, Jan. 30, 2024 /PRNewswire/ — Cloudwerx, an APAC Salesforce Summit partner, today announced the acquisition of Lightfold, a top-tier data analytics and artificial intelligence (AI) consultancy.

Toby Wilcock headshot
Toby Wilcock headshot

The acquisition is a strategic expansion of Cloudwerx’s capabilities, combining its robust Salesforce and automation solutions with Lightfold’s innovative approach to data analytics and AI. Cloudwerx is well positioned to deliver highly innovative solutions to its customers across the APAC region.

The deal is Cloudwerx’s first acquisition proceeding the investment from leading Australian growth fund, CVC Emerging Companies, in May 2022.

“Cloudwerx’s acquisition of Lightfold unlocks new and exciting opportunities for our customers, who can now access AI and customer data tools to drive organisational improvement. This partnership is set to redefine the landscape of tech consulting, by providing our clients with a broader range of advanced, data-driven services to maintain a competitive edge. Both companies share a vision for driving business transformation through advanced technology, making this partnership a natural fit,” said Toby Wilcock, CEO of Cloudwerx.

Lightfold is a leader in the deployment of the ‘modern data stack’ – the collection of next-generation cloud data and AI solutions. The modern data stack is growing rapidly worldwide as both a replacement of legacy business intelligence tools as well as a critical enabler for the rise of large language models (LLMs) and AI within an organisation. Lightfold works with organisations across sectors such as financial services, telecommunications, retail and consumer goods, and high tech.  

“The future of competitive business advantage lies in the ability to utilise cloud-based systems that integrate customer information to surface insights and inform business decisions. At the heart of this transformation are pioneers like Cloudwerx and Lightfold, whose complementary strengths open up new possibilities. We believe that Lightfold’s tools combined with Cloudwerx’s team of expert consultants will offer the most advanced business solutions on the market,” said John Cosgrove, Founder and CEO of Lightfold.

“Lightfold has been a long term strategic partner of Cloudwerx, the acquisition complements our strategic investment in data analytics and AI technologies. The combination of the two businesses will enable Cloudwerx to unlock operational efficiencies and deliver insight that our customers had never thought possible. Together we are excited to be offering real world data analytics and AI solutions as one highly specialised team,” said Roger Burgess, Non-Executive Chairman and Co-Founder of Cloudwerx.

Following the acquisition, Cloudwerx will continue its focus on mid-market and enterprise businesses in the retail and consumer goods, financial services, high tech and health, and life sciences industries among others, to accelerate growth through best in class cloud technology consulting services and solutions.

About Cloudwerx

Cloudwerx, a Summit Salesforce Partner, is redefining the digital transformation landscape in the APAC region. We specialise in Salesforce solutions, integrating leading cloud platforms to drive business growth and operational efficiency. At the core of our strategy is a deep commitment to client-centric solutions, ensuring each technology strategy is uniquely aligned with our clients’ objectives. Our comprehensive suite of services includes strategic advisory, platform implementation, advanced data and systems integration, automation and managed services. Cloudwerx is dedicated to steering businesses towards a digitally empowered future, acting not just as consultants but as strategic partners in transformation and growth. Visit: https://cloudwerx.co/

About Lightfold

At Lightfold, we’re experts in harnessing the Modern Data Stack to elevate your data’s potential and optimise the customer experience. We craft bespoke assets ranging from intuitive dashboards and predictive AI models to comprehensive customer data platforms. Our goal is to empower your team and drive your business forward with data-driven precision and innovation. Visit: https://lightfold.com.au/