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PR Newswire

WiMi Developed Digital Twin Modeling Technology Based on Multiple Data Sources

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BEIJING, Oct. 6, 2023 /PRNewswire/ — WiMi Hologram Cloud Inc. (NASDAQ: WIMI) (“WiMi” or the “Company”), a leading global Hologram Augmented Reality (“AR”) Technology provider, today announced that it developed digital twin modelling technology based on multiple data sources to build more comprehensive, accurate, and reliable digital twin models.

This technology refers to the integration of data from different sources into a unified model. In digital twin modelling, the multiple data source integration technique can help us obtain more comprehensive and accurate data, thus improving the precision and reliability of the digital twin model.

The key modules of the integrated digital twin modelling system based on multiple data sources include data acquisition and pre-processing, data integration and consolidation, model development and training, model deployment and real-time updating, and visualization and analysis, etc., which are interdependent and interact with each other, and collectively constitute the key aspects of the integrated digital twin modelling technology.

First, the system will collect data from multiple data sources and pre-process and clean them to ensure the quality and consistency of the data, including data cleansing, data conversion, data merging and other operations. Then the data from different data sources will be integrated into a unified data model. This may require operations such as data mapping, data transformation, and data integration to ensure that data between different data sources can be effectively correlated and analyzed. The development of the model for digital twin modelling is then carried out and the integrated data is used for model training and optimization by selecting appropriate modelling algorithms, defining the structure and parameters of the model, and using the training data to train and validate the model. Next, the trained model is deployed to a real-time environment and receives and processes data from different data sources in real-time. This may involve operations such as the deployment of the model, real-time transmission of data, and real-time updating of the model to ensure that the digital twin model reflects real-world changes in real time. This module is responsible for visualizing and analyzing the results of the digital twin model so that users can understand and utilize the output of the model, and providing the application of visualization tools and analytical algorithms to support users’ understanding and decision-making on the model results.

With access to more data sources and more complex data integration requirements, future digital twin modelling techniques may need to deal with multi-modal data, including different forms of data such as image, sound, and video. Multiple data sources integration needs to be able to process and analyze this multi-modal data to more fully model and predict real-world behaviour. Future digital twin modelling technologies are also likely to be more automated and intelligent, and by combining machine learning, artificial intelligence, and automation technologies, it will be possible to automate the data integration and modelling process to improve the accuracy and efficiency of the models. There will also be more focus on real-time data processing and real-time updating of models to more accurately reflect changes in the real world, as well as cross-domain applications and integration between different domains to achieve a more comprehensive and holistic digital twin model, all of which are future trends in the digital twin modelling technology based on multiple data sources.

The rapid development of big data, cloud computing, the Internet of Things and other technologies has significantly improved data acquisition, storage and processing capabilities, which provides the technical basis and support for the realization of the digital twin modelling technology with multiple data sources. The digital twin modelling technology with multiple data sources researched by WiMi has a wide range of application prospects in many fields, such as industrial Internet, smart city, virtual reality and so on. With the continuous progress of data acquisition and processing technology, as well as the increasing demand for intelligent and sustainable development, this technology will be further developed and innovated.

About WIMI Hologram Cloud
WIMI Hologram Cloud, Inc. (NASDAQ:WIMI) is a holographic cloud comprehensive technical solution provider that focuses on professional areas including holographic AR automotive HUD software, 3D holographic pulse LiDAR, head-mounted light field holographic equipment, holographic semiconductor, holographic cloud software, holographic car navigation and others. Its services and holographic AR technologies include holographic AR automotive application, 3D holographic pulse LiDAR technology, holographic vision semiconductor technology, holographic software development, holographic AR advertising technology, holographic AR entertainment technology, holographic ARSDK payment, interactive holographic communication and other holographic AR technologies.

Safe Harbor Statements
This press release contains “forward-looking statements” within the Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” and similar statements. Statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward-looking statements. Among other things, the business outlook and quotations from management in this press release and the Company’s strategic and operational plans contain forward−looking statements. The Company may also make written or oral forward−looking statements in its periodic reports to the US Securities and Exchange Commission (“SEC”) on Forms 20−F and 6−K, in its annual report to shareholders, in press releases, and other written materials, and in oral statements made by its officers, directors or employees to third parties. Forward-looking statements involve inherent risks and uncertainties. Several factors could cause actual results to differ materially from those contained in any forward−looking statement, including but not limited to the following: the Company’s goals and strategies; the Company’s future business development, financial condition, and results of operations; the expected growth of the AR holographic industry; and the Company’s expectations regarding demand for and market acceptance of its products and services.

Further information regarding these and other risks is included in the Company’s annual report on Form 20-F and the current report on Form 6-K and other documents filed with the SEC. All information provided in this press release is as of the date of this press release. The Company does not undertake any obligation to update any forward-looking statement except as required under applicable laws.

Source: WiMi Hologram Cloud Inc.

PR Newswire

TV Animation “Captain Tsubasa” Junior Youth Arc Broadcast Celebration Campaign Kicks Off – “Captain Tsubasa: Dream Team”

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TOKYO, Oct. 6, 2023 /PRNewswire/ — KLab Inc., a leader in online mobile games, announced that in celebration of the broadcast of the TV animation “Captain Tsubasa Season 2: Junior Youth Arc”, its competitive football simulation game Captain Tsubasa: Dream Team will be holding the Anime TV Broadcast Celebration Campaign from Friday, October 6. See the original press release (https://www.klab.com/en/press/) for more information.

KLab Inc., a leader in online mobile games, announced that in celebration of the broadcast of the TV animation “Captain Tsubasa Season 2: Junior Youth Arc”, its competitive football simulation game Captain Tsubasa: Dream Team will be holding the Anime TV Broadcast Celebration Campaign from Friday, October 6.
KLab Inc., a leader in online mobile games, announced that in celebration of the broadcast of the TV animation “Captain Tsubasa Season 2: Junior Youth Arc”, its competitive football simulation game Captain Tsubasa: Dream Team will be holding the Anime TV Broadcast Celebration Campaign from Friday, October 6.

Anime TV Broadcast Celebration: Tsubasa Ozora Gift Login Bonus

Event Period: Sunday, October 1 16:00 until Sunday, December 31 23:59 (JST/UTC+9)

To celebrate the broadcasting of the TV animation series, users will be gifted one Tsubasa Ozora All Japan (JY) by logging in to the game during the event period.

Anime TV Broadcast Celebration: Login Bonus

Event Period: Friday, October 6 16:00 until Sunday, October 22 15:59 (JST/UTC+9)

Users can receive the following items by logging in to the game during the event period.

  • Dreamballs
  • Black Ball (SSR)s
  • SR+ Transfer Ticket

And more

*Items will change depending on the number of days logged in.

Anime TV Broadcast Support: Login Bonus

Event Period: First login bonus on Sunday, October 8 from 0:00 until 23:59 (JST/UTC+9)
Will be held every Sunday the series is broadcasted with weekly updates following the above date.

To celebrate the broadcasting of the TV animation series, users can receive the following items by logging in to the game during the event period.

  • Dreamball
  • Black Ball (SSR)s

Anime TV Broadcast Celebration: Event Missions

Event Period: Friday, October 6 16:00 until Friday, October 20 13:59 (JST/UTC+9)

Clear the missions during the event period to receive the following items.

  • Dreamballs
  • Legendary Drills
  • Black Ball (SSR)s

And more

Anime TV Broadcast Celebration: Daily Scenarios

Event Period: Friday, October 6 16:00 until Friday, October 20 23:59 (JST/UTC+9)

During the event period, users can play these scenarios 3 times a day to receive the following items:

Clear Rewards:

  • Special Medals

Exchangeable Items:

  • Dreamballs
  • SSR Players
  • SSR Transfer Ticket
  • Tamotsu Ide
  • Special Skill Unlock Medals

And more

About the TV Animation Captain Tsubasa Season 2: Junior Youth Arc

Broadcast Dates:
Every Sunday at 17:30 (JST/UTC+9) starting from October 1, 2023 (TV Tokyo Network)

Official Website (JP):
https://ball-ha-tomodachi.com/jryouth/

Overview of Captain Tsubasa: Dream Team

Supported OSes:                            Android™ 4.4+, iOS 11.0+, HarmonyOS 2.0+
Genre:                                              Head-to-head football simulation game
Price:                                               Free-to-play (In-app purchases available)
Supported Regions:                       Global (Excludes Japan and Mainland China)
Official Website:                              https://www.tsubasa-dreamteam.com/en
Official X Account:                         @tsubasaDT_en
Official Facebook Page:                 https://www.facebook.com/tsubasaDTen
Official YouTube Channel:             https://www.youtube.com/channel/UCTgOPO7kIQ35YzB7SBIQoWQ/
Official Discord Channel:               https://discord.gg/6tyEs48
Copyright:                                       ©Yoichi Takahashi/SHUEISHA
                                                         ©Yoichi Takahashi/SHUEISHA/TV TOKYO/ENOKIFILM
                                                         © KLabGames

Download here:
App Store: https://itunes.apple.com/app/id1293738123
Google Play: https://play.google.com/store/apps/details?id=com.klab.captain283.global
AppGallery: https://appgallery.huawei.com/#/app/C105375049

Source: KLab Inc.

PR Newswire

Tata Communications completes acquisition of Kaleyra, a leading global CPaaS platform player

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NEW YORK and MUMBAI, India, Oct. 6, 2023 /PRNewswire/ — Tata Communications, a global digital ecosystem enabler, today announces completion of the acquisition of Kaleyra, Inc. (NYSE: KLR).

On 28th June 2023, Tata Communications had entered into a definitive agreement with Kaleyra, Inc. to acquire it through Tata Communications Limited. The transaction has now been completed upon receipt of the approval by Kaleyra’s stockholders, necessary regulatory approvals, and fulfilment of other customary closing conditions. Under the terms of the agreement, Tata Communications Limited has paid an aggregate consideration of approximately $100 million in cash and assumed all of Kaleyra’s outstanding debt. With this, Kaleyra, Inc. and its subsidiaries have now become wholly owned subsidiaries of Tata Communications Limited.

The combination of Tata Communications customer engagement solutions and Kaleyra’s stronghold in technology, engineering and research & development will drive growth of global enterprises, powered by hyper-personalised and intelligent customer interactions.

“In today’s hyperconnected world, customer success and loyalty are pivotal to enterprise growth across industries and geographies,” said A.S. Lakshminarayanan, MD and CEO, Tata Communications. “We at Tata Communications are committed to revolutionise how businesses engage with customers, leveraging a digital fabric to harness data insights for delivering seamless, secure, smart and impactful customer interactions. We’re thrilled to welcome Kaleyra in this journey, as together we pave the way for the future of customer experience!”

Mysore Madhusudhan, Executive Vice President, Collaboration and Connected Solutions, Tata Communications added, “In this digital age, businesses require multi-channel customer engagement solutions built for intuitive, intelligent and automated interactions. Together, Tata Communications and Kaleyra form a powerful combination, poised to shape the customer engagement platforms of tomorrow.”

Mauro Carobene, Head of Customer Interaction Suite, Tata Communications, commented, “Together Kaleyra and Tata Communications stand on the brink of a new era, powered by the world-class communications capabilities of Kaleyra.io platform and a determination to drive the future of communications via our intelligent suite of customer interaction solutions. Our joint aspirations are massive, not only in terms of growth, but also in expanding our portfolio that drives value for our customers.”

Dr. Avi Katz, Founding Managing Partner of GigCapital Global said: “As the Chairman of the Board of Directors of Kaleyra since inception in November 2019 by way of combination with GigCapital1, Inc., I am delighted to see this outcome for the Kaleyra team and its stakeholders. This acquisition reflects a global recognition of the leadership of Kaleyra in the CPaaS industry, fruits of hard work of the entire Kalyera team for the last four years and excellent relationship with Tata Communications.”        

About Kaleyra

Kaleyra, Inc. (NYSE: KLR) (NYSE American: KLR WS) is a global group providing mobile communication services to financial institutions, e-commerce players, OTTs, so

ftware companies, logistic enablers, healthcare providers, retailers, and other large organizations worldwide. Through its proprietary platform and robust APIs, Kaleyra manages multi-channel integrated communication services, consisting of messaging, rich messaging and instant messaging, video, push notifications, e-mail, voice services, and chatbots.

Kaleyra’s technology makes it possible to safely and securely manage billions of messages monthly with over 1600 operator connections in 190+ countries, including all tier-1 US carrier.

About Tata Communications  

A part of the Tata Group, Tata Communications (NSE: TATACOMM; BSE: 500483) is a global digital ecosystem enabler powering today’s fast-growing digital economy in more than 190 countries and territories. Leading with trust, it enables digital transformation of enterprises globally with collaboration and connected solutions, core and next gen connectivity, cloud hosting and security solutions and media services. 300 of the Fortune 500 companies are its customers and the company connects businesses to 80% of the world’s cloud giants. For more information, please visit www.tatacommunications.com

Kaleyra’s Statutory Information

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of U.S. federal securities laws. Such forward-looking statements include, but are not limited to, its omnichannel and other product and global customer developments, its expectations, beliefs, intentions, plans, prospects or strategies regarding the business plans of Kaleyra, Inc.’s (“Kaleyra”) management team. Any statements contained herein that are not statements of historical fact may be deemed to be forward-looking statements. In addition, any statements that refer to projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements. The words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intends,” “may,” “might,” “plan,” “possible,” “potential,” “predict,” “project,” “should,” “would” and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. The forward-looking statements contained in this press release are based on certain assumptions and analyses made by Kaleyra in light of its experience and perception of historical trends, current conditions and expected future developments and their potential effects on Kaleyra as well as other factors they believe are appropriate in the circumstances. There can be no assurance that future developments affecting Kaleyra will be those anticipated. These forward-looking statements involve a number of risks, uncertainties (some of which are beyond the control of the parties) or other assumptions that may cause actual results or performance to be materially different from those expressed or implied by these forward-looking statements, including the mix of services utilized by Kaleyra’s customers and such customers’ needs for these services, including any variability by geography, market acceptance of new service offerings, the ability of Kaleyra to expand what it does for existing customers as well as to add new customers, that Kaleyra will have sufficient capital to operate as anticipated, and the impact that geopolitical and macroeconomic factors such as the war in Ukraine, may have on Kaleyra’s operations, the demand for Kaleyra’s products, global supply chains and economic activity in general. Additional risk factors that that may cause such a difference include, but are not limited to: (i) the ability of Kaleyra and Tata Communications to timely and successfully achieve the anticipated benefits of the proposed transaction; (ii) significant transaction costs associated with the proposed transaction; (iii) potential litigation relating to the proposed transaction; (iv) the risk that disruptions from the proposed transaction will harm Kaleyra’s business, including current plans and operations; (v) the ability of Kaleyra to retain and hire key personnel; (vi) potential adverse reactions or changes to business relationships resulting from the announcement or completion of the proposed transaction; (vii) legislative, regulatory and economic developments affecting Kaleyra’s business; (viii) general economic and market developments and conditions; (ix) the evolving legal, regulatory and tax regimes under which Kaleyra operates; and (x) potential business uncertainty, including changes to existing business relationships, during the pendency of the merger that could affect Kaleyra’s financial performance. Therefore, you should not place undue reliance on any such statements and caution must be exercised in relying on forward-looking statements. Should one or more of these risks or uncertainties materialize or should any of the assumptions being made prove incorrect, actual results may vary in material respects from those projected in these forward-looking statements. We undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws.

Tata Communications Statutory Information

Forward-looking and cautionary statements

Certain words and statements in this release concerning Tata Communications and its prospects, and other statements, including those relating to Tata Communications’ expected financial position, business strategy, the future development of Tata Communications’ operations, and the general economy in India, are forward-looking statements. Such statements involve known and unknown risks, uncertainties and other factors, including financial, regulatory and environmental, as well as those relating to industry growth and trend projections, which may cause actual results, performance or achievements of Tata Communications, or industry results, to differ materially from those expressed or implied by such forward-looking statements. The important factors that could cause actual results, performance or achievements to differ materially from such forward-looking statements include, among others, failure to increase the volume of traffic on Tata Communications’ network; failure to develop new products and services that meet customer demands and generate acceptable margins; failure to successfully complete commercial testing of new technology and information systems to support new products and services, including voice transmission services; failure to stabilize or reduce the rate of price compression on certain of the company’s communications services; failure to integrate strategic acquisitions and changes in government policies or regulations of India and, in particular, changes relating to the administration of Tata Communications’ industry; and, in general, the economic, business and credit conditions in India. Additional factors that could cause actual results, performance or achievements to differ materially from such forward-looking statements, many of which are not in Tata Communications’ control, include, but are not limited to, those risk factors discussed in Tata Communications Limited’s Annual Reports. 

The Annual Reports of Tata Communications Limited are available at www.tatacommunications.com. Tata Communications is under no obligation to, and expressly disclaims any obligation to, update or alter its forward-looking statements.

© 2023 Tata Communications Ltd. All rights reserved.

TATA COMMUNICATIONS and TATA are trademarks or registered trademarks of Tata Sons Private Limited in India and certain countries.

PR Newswire

ViewSonic Announces New Partnership Deal with Tundra Esports

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BREA, Calif., Oct. 6, 2023 /PRNewswire/ — ViewSonic Corp, a leading global provider of visual solutions, has announced an exciting partnership with Tundra Esports, a prominent Esports organization headquartered in the UK. This partnership marks ViewSonic as Tundra Esports’ Official Supplier during The International Dota 2 Championships 2023, underscoring ViewSonic’s commitment to the gaming community.

ViewSonic partners with Tundra Esports as its Official Supplier during The International 2023
ViewSonic partners with Tundra Esports as its Official Supplier during The International 2023

Tundra’s Dota 2 team, the reigning world champions, secured victory at The International 2022 with a clean 3-0 sweep against the opposing team. Their continued dominance in the DPC WEU Tour 3 solidifies their status as one of the frontrunners entering The International 2023.

The partnership between ViewSonic and Tundra Esports promises to enrich the global gaming community by leveraging ViewSonic’s product superiority and Tundra’s expansive social network reach. During the prestigious The International Dota 2 Championships 2023, both organizations will co-create exclusive content, showcasing the exceptional features and unmatched performance of ViewSonic monitors, delivering unparalleled value and immersive experiences to audiences worldwide.

Oscar Lin, General Manager of the Monitor Business Unit at ViewSonic, stated, “Our partnership with Tundra Esports exemplifies ViewSonic’s unwavering commitment to empowering professional gamers to meet and exceed their esports ambitions. Continuously driven to provide cutting-edge technology and essential features, we are dedicated to consistently delivering innovative, all-inclusive products that cater to the diverse requirements of the gaming community.”

ViewSonic designs its gaming monitors to cater to gamers of all skill levels, delivering exceptional performance with lightning-fast speed and captivating visuals. These monitors are equally suitable for hardcore enthusiasts who meticulously construct gaming rigs and casual players who embark on gaming adventures in their leisure time. With attentively tailored features, ViewSonic ensures that every gaming experience is truly exceptional.

Carleton Curtis, Chief Executive Officer of Tundra Esports, said: “We are delighted to welcome ViewSonic as the Official Supplier Partner of our Dota 2 roster. This partnership is a fantastic opportunity for our organizations to showcase the product use of the ViewSonic product line and build valuable touchpoints together. We are looking forward to working with ViewSonic during The International 2023 to bring a lot of exciting moments to our fans.”  

For the latest updates on the partnership, follow ViewSonic Gaming and Tundra Esports on social media:

About ViewSonic
Founded in California, ViewSonic is a recognized leader in the global visual solutions arena and conducts business in over 100 countries worldwide. Recognized as an innovator in the industry, ViewSonic is committed to providing a comprehensive range of hardware and software solutions. Includes monitors, projectors, pen displays, commercial displays, All-in-One LED displays, ViewBoard interactive displays, and the myViewBoard software ecosystem. With over 35 years of expertise in visual displays, ViewSonic has solidified its reputation for delivering innovative and reliable solutions across education, enterprise, consumer, and professional markets, helping customers “See the Difference.” To find out more about ViewSonic, please visit our website at www.viewsonic.com.

About Tundra Esports
Headquartered in the United Kingdom, Tundra was formed in 2019 and soon saw its professional teams win some of the world’s biggest esports competitions, among them the Dota 2 International 2022 Championship, 2022 Fortnite EU FNCS Championship and the FIFA ePremier League.

Committed to creating an engaged and dynamic community, Tundra has developed its reputation through an innovative media proposition and partnerships with content creators and brands.  In 2022, Tundra Esports posted a 100% increase in subscriber numbers, which grew from 1.6 to 3.2 million. In the meantime, monthly impressions jumped from 5 to 10 million and video views by 200%, with the brand also posting 1.25 billion impressions thanks to the streaming of Esports competitions and the significant growth of its team of talents, which now boasts more than 30 professional players and creatives.

In August 2022 the Dutch football legend and Liverpool Star Virgil Van Dijk joined Tundra as an Ambassador & Shareholder. In March 2023 Tundra further strengthened its partners portfolio by entering into a strategic partnership with the esports department of the legendary French football club PSG.

The team has recorded eight Championship placements in all, most notably in DPC WEU (Dota 2), ePremier League 2022 (FIFA) and FNCS C3 S2 2022 (Fortnite Champion Series: Chapter 3 Season 2), with its three teams recording several top-three finishes.

PR Newswire

Personal connections on social media drive more consumer purchases than influencers, Mintel research reveals

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MUMBAI, India, Oct. 5, 2023 /PRNewswire/ — Indian consumers are more inclined to be influenced by people they know personally on social media when making purchasing decisions, according to the latest research by Mintel.

While urban consumers show a preference for online influencers, with 28% relying on them compared to 19% of the total sample, they are more heavily influenced by social media posts from people they know across various categories like clothing and accessories (51%), dining out (33%), and household items (31%).

This trend is not exclusive to urban areas. In Tier 3 cities, a significant 67% of consumers have not made purchases based on online influencers’ recommendations in the last six months through May 2023. Mintel research suggests that despite engaging with online influencers, consumers in low-tier cities remain unconvinced when making purchase decisions.

Urban Gen Z and Millennials draw inspiration from sports and entertainment celebrities

However, in urban settings, an affinity toward sports celebrities has emerged due to the increasing preference for an active lifestyle, particularly for Gen Z and Millennials. In the past six months, two in five women (40%) and men (36%) aged 18-34 have made clothing and accessory purchases based on influencer recommendations. Notably, nearly four in 10 (39%) men aged 18-34 who follow influencer advice favour sports celebrities over entertainment celebrities.

“When developing their social media marketing strategy, it’s critical for brands to consider consumers’ preferences, whether they’re targeting young men who admire sports stars for their lifestyle and fashion choices, or young women who tend to look up to entertainment celebrities and movie stars for fashion inspiration,” said Saptarshi Banerjee, Senior Lifestyle Analyst, Mintel Reports India.

Women aged 18-44, particularly those between the ages of 35 and 44, show a significant inclination toward entertainment celebrities. Nearly two in five (37%) female followers of such celebrities say they purchase beauty and grooming products based on online influencers’ recommendations, compared to 24% of female consumers from the total sample who are active on social media platforms.

“The influence of celebrities in social media extends beyond beauty and grooming to a wide range of lifestyle categories, including clothing and accessories, dining out and shopping for household items such as furniture and home décor.

“Our research indicates that sports celebrities influence urban consumers, in particular, while urban females find inspiration in media celebrities’ lifestyles. Brands can leverage the aspirational appeal of these celebrities, combining it with the broad reach of micro and nano influencers to craft compelling and authentic influencer marketing campaigns,” continued Banerjee.

Authenticity and the rise of micro and nano influencers

Consumer awareness is growing regarding the financial gains that drive online influencers, with 24% of metro consumers (compared to 18% of the total sample) feeling that most influencers are untrustworthy. This has underscored the importance of authenticity and trust in successful influencer marketing campaigns.

Moreover, 33% of those distrustful of online influencers believe that social media influencers with fewer followers are more authentic than those with massive followings. “The increasing distrust of online influencers with massive followings highlights the growing relevance of micro and nano influencers* as they are seen to be more relatable and approachable than their more famous counterparts, thus garnering greater trust from consumers,” noted Banerjee.

Furthermore, nearly half (47%) of consumers are drawn to influencers who are knowledgeable, easily accessible and foster a personal connection with their audience. Additionally, authentic reviews in conjunction with humorous content can be instrumental in connecting with 56% of consumers, according to Mintel research.

“Consumers who immerse themselves in social media platforms are often drawn to content that speaks directly to their everyday concerns in an amusing and captivating manner. In this time of uncertainty, humour provides a much-needed reprieve and is thus a particularly attractive form of content,” added Banerjee.

YouTube: The most popular platform

Across different age groups, YouTube is the most widely used social media platform among Gen Z (87%), Millennials (72%) and Gen X (47%). Furthermore, younger consumers are engaging with multiple social media platforms with 47% of Indians aged 18-24 using four or more, while 31% of those aged 25-34 are active on three or more platforms.

Mintel research shows that 21% of Older Millennials aged 34-42 (compared to 16% of the total sample) actively engage with brands on social media, highlighting the growing significance of these platforms for this generation. A majority of them follow brands on Facebook (89%) and Instagram (67%), emphasising the value of maintaining a brand presence on these platforms.

“Facebook can be a great platform for brands to keep Older Millennials up to date with the latest industry trends and product announcements, while Instagram can be used to create visually appealing and unique engagements.

“Additionally, only half of Gen X have been active on social media in the last six months, while 70% of Baby Boomers have not used social media in the same period, making them less conducive to online influencer marketing,” concluded Banerjee.

Notes:

*Micro-influencers (10k–100k followers) and nano influencers (<10k followers)

PR Newswire

It’s a Three-Peat: Everest Group Names Amelia a Leader in Conversational AI Three Years in a Row

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Amelia continues to pull away from the pack with its innovative and proven platform.

NEW YORK, Oct. 5, 2023 /PRNewswire/ — Amelia, the world’s largest privately held AI software company and a global leader in Enterprise Conversational AI, today announced that Amelia has been recognized as a Leader in Everest Group’s Conversational AI Products PEAK Matrix® Assessment 2023. This marks the third consecutive year that Everest Group has recognized Amelia as a Leader, reinforcing Amelia’s ongoing commitment to developing AI solutions that go beyond the hype and deliver true enterprise value. Organizations including Telefónica and BNP Paribas rely on Amelia’s AI solutions for critical internal and customer-facing tasks, and today’s news closely follows the announcement that global airline Aeromexico has selected Amelia to manage its customer service channels.

This PEAK Matrix assessment is based on Everest Group’s evaluation of the Vision & Capability and Market Impact of more than two dozen global Conversational AI technology vendors. The results of the evaluation inform the classification of each vendor into one of three categories: Leaders, Major Contenders and Aspirants. Based on these criteria, Amelia has been named a Leader in Conversational AI and holds the highest overall position in the PEAK Matrix across both axes.

Among the 25 vendors evaluated, Amelia is one of only two vendors recognized as a top provider across all major industries, including Banking, Healthcare, Telecom, Insurance, Technology and Retail. Amelia is also a top provider across several major business functions, such as IT Helpdesk, Customer Support, Sales, and Finance and Accounting.

Everest Group also recognized several key strengths of Amelia’s Conversational AI platform, such as its use of Generative AI:

  • The platform automatically suggests modifications and creates new workflows based on real-time conversations, call transcripts and interactions with Generative AI Models to create fully functional prototypes and more, all without human intervention. Buyers regularly recognize Amelia’s focus on innovation as a key strength.
  • The platform offers a low-code experience for clients to build functional, multi-channel solutions that are tailored to their specific industry requirements.
  • The platform digitally orchestrates and executes end-to-end processes across IT systems and applications.

With each annual assessment, Amelia pulls further ahead of other providers in the Conversational AI vendor landscape. Notable in this report is Amelia’s leap forward in Vision & Capability, which evaluates a vendor’s ability to successfully deliver products to market.

Amelia prides itself on taking AI from experimental to exceptional for enterprises, driving measurable business outcomes. For example, Resorts World Las Vegas fully automated more than 2,500 guest check-outs in one month using Amelia’s Conversational AI platform, helping to increase guest satisfaction and offload administrative work from resort employees.

“It’s an honor to be recognized by research powerhouse Everest Group as a Leader in Conversational AI,” said Lanham Napier, President and Chairman of Amelia. “Day in and day out, our global team puts in a huge effort to better serve our customers with a powerful, intuitive platform that delivers incredible outcomes, as evidenced by improved NPS scores, increased employee and customer retention, and cost savings. This recognition of our efforts is one that we are extremely proud of, and it pushes us to continue advancing our cutting-edge platform and keep moving towards our ambitious goals.”

To download the Everest Group report, click here.

About Amelia

Amelia is one of the world’s largest privately held AI software companies and a global leader in Enterprise Conversational AI. The company’s technology is trusted by organizations across an array of industries to automate operations, improve customer experience and optimize business outcomes. Amelia’s platform develops and deploys AI tools that manage critical tasks and processes, enabling employees to be more productive and deliver better results while reducing operational costs. Consistently recognized by third-party analyst firms including Gartner’s Magic Quadrant 2023 as a market leader, Amelia has powered the voice operations of global Fortune 500 leaders including Telefónica, BBVa and BNP Paribas. Backed by strategic investments from the Build Group and Monroe Capital, Amelia is headquartered in New York City and serves customers globally through offices throughout the US, Europe and Asia Pacific.

Media Contact:
media@amelia.ai

Logo – https://techent.tv/wp-content/uploads/2023/10/its-a-three-peat-everest-group-names-amelia-a-leader-in-conversational-ai-three-years-in-a-row.jpg 

PR Newswire

KREAM Announces Business Integration with SODA… To Leap as Asia’s Largest C2C and Fashion E-commerce Platform

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  • SODA, Operator of Japan’s Largest Limited-Edition Goods Trading Platform SNKRDUNK, is Leading the Country’s Consumer Trend and Culture
  • Integration of the two companies is expected to create the number one C2C and fashion e-commerce platform in the Asia-Pacific region, beyond Korea and Japan

SEOUL, South Korea, Oct. 4, 2023 /PRNewswire/ — KREAM Corporation (CEO and founder Kim Changwook) has announced its strategic integration with SODA inc. (“SODA”) (CEO and founder Yuta Uchiyama), the operator of Japan’s largest limited-edition goods trading platform, SNKRDUNK.  Through the investment, Soda is expected to incorporated into KREAM’s consolidated subsidiary.

Soda launched its SNKRDUNK service in 2018 and is best known as a Japanese startup backed by SoftBank’s Vision Fund 2. In 2021, SODA acquired MONOKABU, the second-largest player in the market, solidifying its position as the undisputed leader in the Japanese market

KREAM was launched in 2020 as one of the services operated by NAVER’s subsidiary, SNOW Corporation, and emerged as the largest and fastest growing player in the Korean fashion C2C market. Since its inception, KREAM has recorded an annual growth rate exceeding 230% based on transaction volume strongly followed by the nation’s trend-setting MZ and Alpha generation crowd.

The integration of the two companies is expected to provide an expanded product offering and channel offering to both the consumer and fashion brands not only in Korea and Japan, the two largest Asian markets for limited goods, but also eventually in other countries such as US, Australia, Thailand, Singapore, Indonesia, Malaysia, etc., where KREAM and SODA have respective operations or exposure.

The integration planning for synergies between KREAM and SODA is set to be completed in the first half of 2024. Current SODA management will continue to run SODA’s operation and an IPO of SODA in Japan is also being considered. SODA’s CEO and founder Yuta Uchiyama will be joining KREAM as its board member as well as chief officer for the combined operation’s global expansion.

Meanwhile, KREAM has also made additional investments in Sasom Company, which operates the leading Thailand’s limited-edition trading platform SASOM. Thailand is an emerging market leading Southeast Asia. As the size of the 1020-centered market is growing rapidly, the business is expected to grow even higher in the future.

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Veefin Solutions Ltd., Tagit announce strategic partnership to transform corporate banking and supply chain financing

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SINGAPORE, Oct. 4, 2023 /PRNewswire/ — Veefin Solutions Ltd., a global leader in Supply Chain Finance solutions, and Singapore based Tagit, a leading digital banking solutions provider has announced a strategic partnership. Under the alliance, Tagit and Veefin will combine their industry-leading technologies to develop cutting-edge solutions that cater to the evolving needs of corporate clients and supply chain stakeholders. This partnership seeks to accelerate digital transformation, streamline financial processes, and optimize working capital management for SMEs and corporate customers of banks.

Raja Debnath, Managing Director, Veefin Solutions Ltd. said, “Our partnership with Tagit will enable us to offer banks with state-of-the-art digital lending solutions. With both platforms combined, we will now be able to offer an end-to-end solution that will allow banks and financial institutions to manage their digital lending and banking needs seamlessly.”

Sandeep Bagaria, CEO, Tagit said, “Tagit is dedicated to delivering a comprehensive range of solutions to empower banks in serving their corporate clientele. The partnership between Tagit and Veefin represents a significant step in expanding Tagit’s portfolio of offerings available to our valued clients.”

Key benefits of the partnership include:

  • Digitization and Automation: By leveraging cutting-edge technologies, the partnership will drive digitization and automation of financial processes, leading to increased operational efficiency and reduced administrative burden for businesses.
  • Working Capital Optimization: Businesses will gain access to innovative working capital management tools, allowing them to optimize cash flow, unlock liquidity, and improve financial stability.
  • Global Reach and Expansion: The combined global presence will open new markets and enable banks around the world to benefit from state-of-the-art financial solutions.
  • Enhanced Risk Management Capabilities: By leveraging the expertise of both companies, banks will be better equipped to assess credit risks, monitor supply chain transactions, and make more informed lending decisions, ultimately reducing potential financial risks.
  • Seamless Integration and Scalability: The joint solutions will be designed to seamlessly integrate with existing banking systems and processes, ensuring a smooth transition for banks as they adopt the new technologies. Moreover, the solutions will be scalable, allowing banks to expand their offerings and cater to a growing customer base without significant infrastructure overhauls.

For more information, please visit: https://www.veefin.com/

Source: Veefin Solutions Ltd.

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Abracon Announces The Release of Their Brand-New Line of 2.7V & 3.0V EDLC Radial Supercapacitors

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SPICEWOOD, Texas, Oct. 4, 2023 /PRNewswire/ — Abracon, a leading provider of Frequency Control, Timing, Power, Magnetics, RF and Antenna solutions, announces the launch of an all-new line of 2.7V & 3.0V EDLC radial supercapacitors. These supercapacitors have the capacity to revolutionize energy supply and energy storage with their unmatched performance, reliability, and versatility.

Abracon’s new line of supercapacitors, also known in the industry as ultracapacitors, have been designed and engineered to address the ever-growing demands for high-capacity, fast-charging energy storage solutions across a wide range of industries, including automotive, renewable energy, industrial automation, and consumer electronics.

Abracon’s EDLC (electric double layer capacitor) supercapacitors deliver exceptional energy density, providing an efficient and compact energy storage solution. These 2.7-volt and 3.0-volt supercapacitors also excel in applications requiring quick power bursts due to their ultra-fast charging and discharging capabilities. Furthermore, these supercapacitors from Abracon are engineered for longevity, boasting an impressive lifecycle that minimizes maintenance costs and enhances system durability. Abracon supercapacitors also seamlessly operate across a wide temperature range, making them suitable for deployment in challenging environmental conditions.

“With regards to material sciences, exciting advancements are propelling the evolution of energy storage and power supply systems,” explains Matthew Deleon, Product Manager of Power & Magnetics at Abracon. “We are aligning ourselves with the industry’s needs for extended, higher-power solutions, with a dedicated focus on driving innovation and sustainability in supercapacitor solutions.”

Abracon’s new 2.7V and 3V EDLC radial supercapacitors are in-stock and available now. Contact an authorized Abracon sales representative or distributor to learn more. For inquiries about Abracon’s new supercapacitors or to speak with the technical support team, please contact +1-512-371-6159.

Visit https://abracon.com/edlc-radial-supercapacitors to learn more.

About Abracon:

Headquartered outside of Austin, Texas, Abracon is a trusted supplier of leading-edge and innovative electronic components including Frequency Control, Timing, Power, Magnetics, RF and Antenna solutions. Servicing world-class companies across the data communication, transportation, industrial, medical, consumer, aerospace, and defense industries, Abracon accelerates customers’ time-to-market by providing unmatched product solutions, technical expertise, and service excellence.

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BEA Victorious at the 11th Global Brand Awards

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Bank’s consistent pursuit of the best stands out in the industry

LONDON, Oct. 3, 2023 /PRNewswire/ — The Bank of East Asia, Limited (‘BEA’) has taken home three Hong Kong awards at the prestigious 2023 Global Brand Awards. It won Best Personal Banking Brand, Best New Digital Banking Product (BEA GOAL), and Best Banking Product (Virtual Card) on the back of its commitment to customer service and innovation, evidenced by its exceptional banking experiences, cutting-edge digital solutions, and pioneering virtual card offerings. This remarkable achievement solidifies the bank’s leadership in the industry, setting new standards for customer-centric services and ground-breaking innovations.

Mr. Jay Reddy, Director of Global Brands Magazine, commented, “BEA’s remarkable achievement, underlining its commitment to innovation and customer service excellence, deserves special recognition. In an industry where many banks hesitate to embrace change, BEA stands out for its unwavering pursuit of excellence, which clearly reflects in its well-deserved win of three prestigious awards. I extend my best wishes to the bank for its future endeavors and hope it continues to lead the way in the banking industry.”

Mr Raymond Ng, BEA’s Deputy Head of Personal Banking Division, said, “The Awards recognise the team’s tremendous effort in putting the customer experience at the forefront. Our digital all-in-one BEA GOAL account was a manifestation of the Group’s strategic development to nurture a new generation of tech-savvy customers. It provides access to customised wealth management solutions and diversified retail banking services anytime, anywhere, at their fingertips. We are committed to building positive long-term relationships and developing innovative products and services to meet evolving needs of our customers.”

About The Bank of East Asia, Limited

Incorporated in Hong Kong in 1918, The Bank of East Asia, Limited (‘BEA’) is a leading Hong-Kong-based financial services group listed on The Stock Exchange of Hong Kong, with total consolidated assets of HK$872.1 billion (US$111.3 billion) as of 30th June, 2023.

BEA provides a comprehensive range of corporate banking, personal banking, wealth management and investment services to customers through an extensive network of about 130 outlets covering Hong Kong, the Chinese Mainland, Macau, Taiwan, Southeast Asia, the United Kingdom, and the United States. For more information, please visit: http://www.hkbea.com/

About Global Brands Magazine (England)

Global Brands Magazine (GBM) is a UK-based magazine at the forefront of news, views and opinions on ‘best in class’ brands that are shaping the future of their industry.

About the Global Brand Awards

The Global Brand Awards honour brands for their excellence in performance, and rewards companies for the quality of their services. The Awards highlight the accomplishments of organisations that have performed remarkably well in their respective industries. We are excited to announce the highly anticipated awards ceremony which will take place at The Athenee Hotel located in the heart of Bangkok, Thailand, in May 2024.

To nominate for the Global Brand Awards 2023, click on this link:

https://www.globalbrandsmagazine.com/nomination-form/

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