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PR Newswire
New Hero Tagahl Sherekhan Arrives in “Shadow Arena”

SEOUL, South Korea, June 12, 2020 /PRNewswire/ — Pearl Abyss today announced that a new Hero Tagahl Sherekhan has arrived in Shadow Arena, Pearl Abyss’ brand new action-packed battle royale game currently available in Early Access on Steam. The free-to-play game now offers eleven Heroes, each catering to different strategies and combat styles. 

New Hero Tagahl Sherekhan Arrives in Shadow Arena
New Hero Tagahl Sherekhan Arrives in Shadow Arena

With an origin story written in the annals of Black Desert Online lore, Tagahl Sherekhan is a descendant of the Dragon Hunter tribe Sherekhan. When a ferocious dragon appeared in Calpheon and terrorized its people, they called Tagahl for help. However, when Calpheon failed to reward him for defeating the dragon, he turned his back on those lands in discontent and left. He has finally found his way to the world of Shadow Arena, where he is preparing himself for a new battle.  

Tagahl is a warrior who uses his main weapon, his signature glaive, to deliver widespread damage with every blow. His ability to bypass or weaken his opponents’ defenses also allows him to attempt reversals. Players can now use his Inherent Skills to attack enemies more strategically.  

With the arrival of the new Hero, various in-game events are taking place in Shadow Arena. Players can now claim a Hero through the free DLC package on Steam until July 9. Those who submit their play strategies through the official website or participate in the social media event will also have the chance to win a special item. Until June 18, a Hot Time event will run where players can receive 5 times more silver for completing Daily Quests.  

In the meantime, "Shadow Arena Regional Cup – Asia" was hosted for the first time to determine the best of the best on the Asia server. The top 3 placements were announced based on points earned during the tournament who received rewards including a special winner’s-exclusive skin, title, and a large amount of silver.      

For more information, visit the official website, Discord, Facebook, YouTube, and Twitter. 

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PR Newswire
Miaozhen Systems Announces Its Focus on Omni Measurement & Business Intelligence

BEIJING, June 12, 2020 /PRNewswire/ — China’s leading omni measurement and business intelligence analytics solutions provider Miaozhen Systems, a part of Mininglamp Technology Group, has unveiled its rebranding. The change includes an expanded range of products and services, with a new positioning of omni measurement and business intelligence analytics, as well as an updated visual language.

Miaozhen Systems was established in 2006 by Minghui Wu, serial entrepreneur and Mininglamp Technology Group’s founder, chairman, and CEO. Since its founding, Miaozhen Systems has been committed to helping enterprises accurately measure and optimize their marketing effectiveness. It has also been instrumental in increasing transparency in the China digital marketing industry. 

Miaozhen Systems’ rebranding marks an expanded focus on omni measurement and business intelligence instead of its historical focus on ad and marketing measurement. Miaozhen Systems will be able to use omni measurement to analyze every touch point between business and consumer across multiple platforms and media types, and harness Mininglamp Technology Group’s AI capabilities to mine big data for business intelligence. With these technologies, Miaozhen Systems will be able to help enterprises make optimized, customer-centric business decisions and stay ahead of the curve. 

After rebranding, Miaozhen Systems will have two major service unites:

Omni-marketing Intelligence (OMI): Miaozhen Systems’ service unit focused on omni-measurement and marketing optimization. Uses big data and AI technology to provide businesses with digital measurement, evaluation, and optimization solutions for advertising, marketing, and business. Helps enterprises make decisions based on real & accurate data and empowers high-speed growth.

Business Intelligence & Analytics (BIA): Miaozhen Systems’ service unit focusing on business intelligence and analytics. Provides BIA services using big data and AI technology and based on real-time, accurate, comprehensive ad, social, and e-commerce data. Helps enterprises predict trends in the market, optimize business decisions, and achieve commercial value.


Miaozhen Systems’ new brand positioning is also reflected in its new visual identity. The concentric radiating circles and markings suggest its focus on broader measurement and deeper analytics. They also bring to mind a rotating engine, symbolizing continuous empowerment of its clients to create commercial value.

Photo – https://photos.prnasia.com/prnh/20200611/2827532-1?lang=0

 

PR Newswire
Cohesio Group to bring Silicon Valley’s Fetch Robotics solutions to Australia and New Zealand region

MELBOURNE, Australia and SAN JOSE, Calif., June 12, 2020 /PRNewswire/ — Technology solutions provider Cohesio Group (Körber Supply Chain) has announced it has formed a partnership with autonomous mobile robot (AMR) provider, Fetch Robotics. The two leading providers will collaborate to help retailers and logistics providers in the Asia Pacific region to deliver advanced automation through flexible and scalable solutions. 

Cohesio Group (Körber) partners with Fetch Robotics to deploy Fetch's flexible and scalable AMR solution in Australia and New Zealand.
Cohesio Group (Körber) partners with Fetch Robotics to deploy Fetch’s flexible and scalable AMR solution in Australia and New Zealand.

Formed in 2014, the California-based intralogistics automation company pioneered the world’s first cloud robotics platform for delivering on-demand automation in any facility.

Fetch Robotics is unique in that it provides a cloud robotics platform that autonomously moves and tracks virtually anything in any warehouse or manufacturing environment ranging from parts as small as a transistor to pallets weighing 1500 kilograms.

Headquartered in Silicon Valley, Fetch Robotics provides the only autonomous mobile robot solution that deploys in hours as opposed to days or weeks.

The intralogistics provider has received a number of accolades including being named as a Leader in IDC MarketScape for Autonomous Mobile Robots for General Warehouse Automation 2019, being recognised by Fast Company in the category of Most Innovative Company and named as a Technology Pioneer by the World Economic Forum in 2018.

Cohesio Group will add Fetch Robotics to its already extensive portfolio of enterprise-graded solutions spanning automation, voice enabled technologies, handheld devices and workflow optimisation.

The leading technology solutions provider has recently deployed solutions for CEVA Logistics, Wesfarmers and Bollore Logistics to name a few, providing efficiency and productivity gains upwards of 200 per cent.

In Asia Pacific, the industrial robotics market is expected to grow by more than 13 per cent and is set to reach AUD $151 billion by 2026, according to data released by market research provider Research and Markets. Increasing customer demand is a major driving factor in this, and Cohesio Group has been at the centre of major automation deployments in the Asia Pacific region.

"Fetch Robotics is a market leader in automation. At Cohesio we always want to offer our clients the very best and latest technology in automation and have therefore made the decision to broaden our portfolio in partnering with Fetch Robotics. We know the demand for automation in this region is growing, and we want to ensure we can offer a full range of products and services to our customers to help them meet this challenging demand," Nishan Wijemanne, CEO of Cohesio Group said. 

"We are excited to partner with Cohesio Group. We know that Cohesio has a reputation in this region for working closely with its customers to establish flexible and agile automated solutions. In Cohesio we have found a partner who is pushing the boundaries of what is possible in automation and technology and is committed to innovation across the entire supply chain. For this reason, we are very excited to see what we can achieve together in the fast-growing Asia Pacific e-commerce market," Melonee Wise, CEO of Fetch Robotics said.

"The Fetch Robotics solutions offer immediate efficiency gains around travel and labour time. The robots can be fully operational in a matter of hours and do not require extensive changes to warehouse environments or existing processes. Providing significant efficiency and productivity gains, warehouse operators instead have the time to focus on higher-level and more productive tasks," Ravi Nath, Head of Automated Solutions at Cohesio Group said. 

Cohesio Group was acquired by international logistics giant Körber in September last year. It was recently announced that Cohesio Group would join eleven other sister companies under the umbrella Körber Supply Chain as part of a global rebrand. The united brand will become a leading international technology provider with a diverse range of capabilities spanning software, automation, voice, robotics and material handling equipment.

About Fetch Robotics

Fetch Robotics is an award-winning intralogistics automation company headquartered in Silicon Valley. By combining autonomous mobile robotics with the power of the cloud, the Fetch Cloud Robotics Platform provides on-demand automation solutions for material handling and inventory management, with the power to find, track, and move almost anything in any facility. Fetch Robotics’ solutions and services are deployed in leading distribution, fulfillment, and manufacturing centers around the world, augmenting workforces to drive increased efficiency and productivity. For more information, please visit www.fetchrobotics.com or follow the company on Twitter @FetchRobotics.

About Cohesio Group

Cohesio Group, a part of international technology group Körber, is a leading integrator and developer of tech solutions that enable rapid optimisation of workflows and processes and is also an idea generating partner for strategic concepts. With offices across the Asia Pacific, Cohesio Group creates innovative technology transformations that span across supply chain and logistics including warehousing and distribution centres, transportation, manufacturing, healthcare, pharmaceutical, FMCG and retail. Cohesio Group’s enterprise-grade solutions range from voice-powered technology that enable hands-free workflows through to new-generation mobility solutions, software applications that provide actionable business insights and retail fulfilment as well as solutions such as Autonomous Mobile Robots that enable automation in distribution centres. Learn more at www.cohesiogroup.com

About the Körber Business Area Supply Chain

Supply chains are growing more complex by the day. Körber uniquely provides a broad range of proven, end-to-end supply chain solutions fitting any business size, strategy or appetite for growth. Capable of delivering not just software, but automation, voice, robotics, and materials handling – plus the expertise to tie it all together. We are a global partner not just for today, but also as the needs of supply chains continue to evolve. Conquer supply chain complexity – with Körber. The Business Area Supply Chain is part of the global technology group Körber. Find out more on www.koerber-supplychain.com 

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Related Links :

http://www.cohesiogroup.com

PR Newswire
NS8 Raises $123 Million Series A, Now Among Fastest Growing Fraud Prevention Platforms in the World

Latest Raise Led by Lightspeed Venture Partners and AXA Venture Partners

LAS VEGAS, June 12, 2020 /PRNewswire/ — NS8, an online fraud prevention company, announced the company has successfully closed $123 million in venture funding led by Lightspeed Venture Partners and AXA Venture Partners (AVP).

With this investment, NS8 will accelerate product development and expand its global reach with an increased focus on growing its vast partner network. The company has grown from 50 to over 200 employees within the last year, and hiring continues across sales, engineering, marketing, and infrastructure.

Lightspeed’s investment provides NS8 with access to the firm’s expansive global network, as well as a team of operators and advisors to help navigate challenges, build world-class teams, and support the company’s continued growth at all stages. 

"Online fraud prevention has grown rapidly due to the acceleration of ecommerce adoption by merchants and, with it, an increased threat of those seeking to attack online stores. Merchants of all sizes need to invest in security products to ensure a safe and secure online experience," said Bradley Twohig, Partner at Lightspeed Venture Partners. "NS8’s platform allows its partners and their merchants to stand up a full-service fraud prevention hub, in a matter of a day, across almost every ecommerce platform. The time to value is simply best in class."

AVP has significant experience helping scale companies that leverage differentiated technology and efficient business models to drive innovation in enterprise software, fintech, consumer and digital health. With offices in North America, Europe, and Asia, AVP can also help NS8 accelerate its global expansion.

"NS8 has built a market-leading fraud detection and prevention platform combining advanced data analytics with real-time scoring. NS8’s rapid growth is a testament to the strength of the company’s product and the value NS8 delivers to its customers," said Alex Scherbakovsky, General Partner at AXA Venture Partners and NS8 board member. "We are excited to partner with Adam and the NS8 team to scale the business globally."

Throughout the recent global pandemic, NS8 continues to emerge as the fastest growing industry leader, with year-over-year revenue growth of 200 percent and a dedicated focus on aiding online vendors to make fraud decisions that protect their customers and their bottom line.

"Thanks to this investment from Lightspeed, AXA Venture Partners, and our full backing group, we can continue to scale to meet the growing demand for fraud prevention technology in the global marketplace," said NS8 CEO Adam Rogas. "This partnership positions NS8 to empower even more businesses with enterprise-level fraud defenses, regardless of size or industry."

About NS8
NS8 is a comprehensive fraud prevention platform that combines behavioral analytics, real-time scoring, and global monitoring to help online businesses minimize risk. Its patented scoring technology provides actionable data about the type, quality, and trustworthiness of transactions, which businesses leverage to automate fraud management workflows to suit their individual needs. NS8 is headquartered in Las Vegas, with regional offices located in San Francisco, San Ramon, Miami, Amsterdam, Singapore, and Melbourne. www.ns8.com

Crowell & Moring LLP served as legal counsel to NS8 in the fundraising transaction.

About Lightspeed Venture Partners
Lightspeed Venture Partners is a multi-stage venture capital firm focused on accelerating disruptive innovations and trends in the Enterprise and Consumer sectors. Over the past two decades, the Lightspeed team has backed hundreds of entrepreneurs and helped build more than 400 companies globally, including Snap, Nest, Nutanix, AppDynamics, MuleSoft, OYO, Guardant, StitchFix, and GrubHub. Lightspeed and its affiliates currently manage $10.5B across the global Lightspeed platform, with investment professionals and advisors in Silicon Valley, Israel, India, China, Southeast Asia, and Europe. www.lsvp.com

About AXA Venture Partners
AXA Venture Partners (AVP) is a global venture capital firm investing in high-growth, technology-enabled companies. AVP has built, in less than five years, a unique investment platform specialized in tech investments with $800 million of assets under management through three pillars of investment expertise: early stage, growth stage, and fund of funds. To date, AVP has invested in more than 45 companies and more than 15 funds. The AVP team operates globally with offices in San Francisco, New York, London, Paris, and Hong Kong. Beyond investments, AVP provides unique access to business development opportunities helping portfolio companies to scale globally and accelerate their growth. www.axavp.com

LinkedIn: @ns8               Twitter: @ns8inc               NS8.com

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Related Links :

http://www.ns8.com

PR Newswire
FICO Survey: Philippine Consumers more Comfortable Opening Bank Accounts with Smartphones than Americans and British

26 percent of Filipinos prefer to open a bank account on their phone compared to 18 percent in the US and 25 percent in the UK

MANILA, Philippines, June 12, 2020 /PRNewswire/ —

Do Identity Checks by Philippine Banks Turn Away Customers?
Do Identity Checks by Philippine Banks Turn Away Customers?

Highlights:

  • The FICO Consumer Digital Banking Survey examines the preferences Filipino consumers have with digital bank account opening
  • The study found 26 percent of Filipinos prefer to open a bank account on their phone compared to 18 percent in the US and 25 percent in the UK
  • 76 percent of Filipino consumers said they would open a financial account online
  • Identity verification with too much friction could cost organizations over 40 percent of new account openings

More information: https://www.fico.com/identity

FICO, a global analytics software firm, has released its Consumer Digital Banking Survey which found Philippine consumers are more comfortable opening bank accounts on their smartphones than consumers in the US and the UK.

The study showed that 26 percent of Filipinos prefer to open a bank account on their phone, compared to 18 percent in the US and 25 percent in the UK.

"Filipino consumers are digital natives," said Subhashish Bose, FICO’s lead for fraud, security and compliance in Asia Pacific. "Around 40 percent of Filipinos have a smartphone and according to a recent study they rank in the top 10 mobile internet users globally, spending an average of 4.58 hours a day on their phones."

The study showed that digital account opening is rapidly becoming the norm in the Philippines, with 76 percent of consumers saying they would open some kind of financial account online.

Of those that would open a financial account online, 40 percent would consider doing so for an everyday transaction account, 38 percent for a credit card and 33 percent for a personal loan.

Bucking expectations, it was older consumers in the Philippines who were more likely to be leading the digital push with the youngest Filipinos being the laggards.

  • 46 percent of those over 55 years of age said they would open a bank account online
  • 40 to 45 percent of 25-34, 35-44 and 45-54 year-olds said they would do the same
  • While just 28 percent of 18-24-year-olds would open a bank account online

"The truth in the numbers here is far more nuanced," explained Bose. "Younger Filipinos are adept at using smartphones and computers, however, many do not have the required identification forms to open bank accounts at a young age, don’t have regular income or are presented with bank account options that are not appealing. For example, many bank accounts in the Philippines require a minimum balance to avoid monthly account-keeping fees.

"As consumers’ reliance on online services grows in response to COVID-19, we expect further shifts in adoption and indeed an acceleration and acceptance in opening bank accounts digitally. It is important that banks closely examine any points of friction in their application process to ensure consumers are not abandoning a process or switching to a competitor," said Bose.

Filipinos expect account opening to be fully digital

The survey found that a large percentage of Filipinos had an expectation that they should be able to complete all aspects of account opening online or on their phone.

Out of the regular identity checks needed to open an account, 67 percent of Filipinos thought they should be able to prove their identity by scanning documents or providing a selfie, 47 percent expected to prove where they live without going offline and 45 percent said they should be able to set up a biometric such as a fingerprint scan at account opening.

If all actions required to complete an account opening cannot be accomplished in-session, only 41 percent of respondents said they would carry out the necessary offline actions as soon as possible.

Around 33 percent thought they would eventually complete offline actions such as taking a phone call, posting documents, or visiting a branch. A further 13 percent said they would try a competitor while 5 percent said they would give up completely. Overall findings demonstrated that financial institutions in the Philippines that don’t facilitate a completely digital account opening experience could lose over 40 percent of their new business.

"There is research to show that only 6 to 9 percent of applicants move through the funnel and complete the process," said Bose. "Banking executives should review the application completion for authenticated versus non-authenticated applications, as well as how many applicants with saved or abandoned applications return to complete the process."

FICO’s Consumer Digital Banking Survey was produced using an online, quantitative poll of 5,000 adults (over 18) across 10 countries carried out on behalf of FICO by an independent research company. The countries surveyed were: Brazil, Canada, Germany, Malaysia, Mexico, Philippines, Sweden, UK and the USA.

About FICO
FICO (NYSE: FICO) powers decisions that help people and businesses around the world prosper. Founded in 1956 and based in Silicon Valley, the company is a pioneer in the use of predictive analytics and data science to improve operational decisions. FICO holds more than 195 US and foreign patents on technologies that increase profitability, customer satisfaction and growth for businesses in financial services, manufacturing, telecommunications, health care, retail and many other industries. Using FICO solutions, businesses in more than 100 countries do everything from protecting 2.6 billion payment cards from fraud, to helping people get credit, to ensuring that millions of airplanes and rental cars are in the right place at the right time.

Join the conversation on Twitter at @FICOnews_APAC.

FICO is a registered trademark of Fair Isaac Corporation in the US and other countries

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Related Links :

https://www.fico.com

PR Newswire
TECH I.S. Fixes ‘the E-learning Bug’ by Filling the Gap Between the New Age E-learning and Old School Learning

TOKYO, June 12, 2020 /PRNewswire/ — Due to COVID-19 pandemic, lots of business operations and services took a hit and it is totally unclear when these operations will resume normalcy. Many people use the isolation time to learn new things and acquire new skills, as a result Edu-Tech is booming in this pandemic situation. However, E-Learning has one problem. Almost 95% of candidates or students give-up due to lack of guidance of coding or motivation.

TECH I.S. - SKILL WHAT YOU CAN LEARN
TECH I.S. – SKILL WHAT YOU CAN LEARN

To solve this problem, TECH I.S. offers programs where students can get on a Zoom call with tutors and learn programming and they can also get career guidance from their dedicated consultant so they can start their professional career as programmers once they complete their course.

As a global programming school curated to fill the void in the Edu-Tech space, TECH I.S. has three branches in Silicon Valley (USA), Tokyo (Japan) and Bengaluru (India). The majority of the curriculum is made by Silicon Valley engineers, which includes Web Application Development and Data Science course. TECH I.S. was started from Japan as an offline programming school and helped over 300 students to become professionals in the Information Technology industry with industry-relevant curriculum and to make a professional web application portfolio.

TECH I.S. is on a mission to fill the gap between the new age E-learning and old school learning to make online learning more simple and efficient. With increasing practice of social distancing, online learning from a tutor becoming the better alternate mode of education.

TECH I.S. is currently operating from India and Japan, the tutors are based out of Bangalore, Tokyo, and Silicon Valley. The programs are available for anyone who has the passion to become a programmer. TECH I.S. offers Full-Time as well as Part-Time curriculum for 3 months and 6 months respectively.

For more information, please visit or contact:
TECH I.S.
https://techis.io/
[email protected] 

Related Links :

https://techis.io/

PR Newswire
RÉDUIT’s Haircare System Tops Trending Lists Less Than a Month After Launch

The RÉDUIT One and Hairpods™, which utilize proprietary micro-misting technology, have outpaced some of the hottest beauty gadgets out there.

NEUCHÂTEL, Switzerland, June 11, 2020 /PRNewswire/ — RÉDUIT’s products, the RÉDUIT One applicator and their line of Hairpods™ haircare treatments, have stormed to the no. 2 position on TrendHunter.com‘s "Top 100 Gadget Trends in June 2020" list on June 10th, leaving behind a bunch of world-renowned brands like Microsoft, Intel, Samsung, Nintendo.

RÉDUIT Shine Diffusion Hairpods(TM) - infuse hair with a lustrous shine in just seconds
RÉDUIT Shine Diffusion Hairpods(TM) – infuse hair with a lustrous shine in just seconds

TrendHunter is the world’s largest trend community, with more than 20,000,000 monthly views. Known for leveraging big data, researchers, and AI to identify consumer insights, they actively seek out the world’s most innovative companies and ideas. The trend experts gave RÉDUIT’s products a rating of 9.8 out of 10, and wrote, "RÉDUIT offers products […] which have the potential to transform the way people apply their hair products."

RÉDUIT is on a mission to deliver smarter, superior, and more sustainable beauty concepts, without the usual compromise on quality or innovation. The RÉDUIT One device and Hairpods™ form a comprehensive haircare delivery system that enhances the application of proven haircare ingredients with never-seen-before efficiency in the haircare industry. The system relies on proprietary magnetic-misting technology to improve both application and absorption in haircare treatments. Hairpods™ are pre-packed formulations free of unnecessary ingredients usually used as fillers, thickeners or stabilizers, which allow for 38 times better performances while creating less waste.

"This is an important milestone, as it shows that a beauty product can be as exciting as the world’s best gadgets from the top brands. Trend data validates our view that beauty devices are no longer regarded as accessories.  They are now seen as necessities that make our lives easier, our beauty routines more efficient, and deliver performance that far exceeds manual application" says Paul Peros, the CEO of RÉDUIT.

This news comes in the wake of a number of recent initiatives and accomplishments on the part of the company, including the announcement of an ambitious 20:20 launch campaign, where a new product will be released every week for 20 weeks.

RÉDUIT has recently won the Best Special Innovation award at the Pure Beauty Global Awards 2020 for their Hairpods™ line.  To learn more about RÉDUIT, visit their website at www.reduit.com.

About RÉDUIT:

In French ‘Réduit’ means ‘reduced’. We reduce packaging. Amplify results. Reduce time. Amplify efficacy. Reduce steps. Amplify beauty.

RÉDUIT was created with one vision: to revolutionize the everyday beauty routine.  We started in Neuchâtel, Switzerland, with the dream of creating truly superior beauty products. From performance to sustainability and user-friendliness, we design products that truly elevate the everyday.

Set on raising the bar for professional and at-home beauty solutions that deliver on one simple promise: enhancing the results and experience while reducing the unnecessary.

For more information on RÉDUIT, visit our Media Center (https://reduit.com/media/), or contact us directly at [email protected]

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PR Newswire
Infosys Launches ‘Return to Workplace’ Solutions to Help Enterprises Build Safe, Nurturing and Resilient Workplaces

BENGALURU, India, June 11, 2020 /PRNewswire/ — Infosys (NYSE: INFY), the global leader in next-generation digital services and consulting, today announced the launch of its enterprise-grade ‘Return to Workplace’ solutions to help clients ensure safety and wellness of their employees as they adapt to new ways of working amid the COVID-19 pandemic.

The cloud and edge-based solutions offer a comprehensive framework that enables enterprises to implement:

  • Elevated Body Temperature (EBT) screening – Leverages automation and AI on Edge to help enterprises screen their workforce or visitors in real-time for possible infection to isolate them and prevent them from entering the establishment.
  • Contact Tracing – Redefining the contact tracing category using proven technologies like GPS and BLE (Bluetooth Low Energy) to provide completely voluntary and Opt-In basis for building traceability.
  • Mask Compliance / Social Distancing Compliance – Video analytics algorithms to provide alerts when masks are not detected, or the distance between people walking together or gathering at a place is not sufficient. Smart wearables can also be incorporated based on the specific situations.
  • COVID-19 Chatbot – An AI-powered Digital Assistant solution to help answer employee queries related to return to work scenarios
  • Contactless biometrics – Ensures employees and visitors enter workplaces in a safe manner
  • Occupancy and workspace analytics – To help real estate teams track metrics on floor occupancy, density and automate sanitation routines in common areas. Contactless elevator workflows, HVAC refresh cycles and many more solutions towards ongoing workplace wellbeing.

These solutions do not collect any Personally Identifiable Information (PII) and use the power of AI, IOTVision Analytics, Edge Computing, 5G, RFID, Biometrics and Gesture controls to reduce the need for human intervention and enable data-driven decision making. The underlying platform ensures ease of maintenance and compliance reporting as required in various geographies.

Nitesh Bansal, SVP and Head- Engineering Services, Infosys, said, "The future of work will demand innovative solutions that enterprises can deploy rapidly, and at scale to ensure safety of their workforce while at the same time nurture collaboration and productivity. We are pleased to launch our ‘Return to Workplace’ offering that is aimed at positively impacting the re-opening of workspaces in a seamless, automated, and systematic manner. We are implementing some of these solutions, starting with EBT checks, across five million sq. ft. of our own office spaces as we prepare for 20,000 Infosys employees to return to their workplaces in a phased manner. We are confident that these solutions will reassure enterprises and employees that their workplaces are safe, collaborative, yet non-intrusive."

These solutions adhere to data privacy standards and practices with FDA, FCC, ISO, and IEC compliance.

Mukesh Dialani, Program Director of Product Engineering and Operations Technology/Services, IDC, said, "Infosys’ scalable and flexible ‘Return to Workplace’ solution is timely and well thought out. Adhering to data privacy standards and built on a foundation of digital engineering elements including computer vision, edge and AI, it will provide customers with processes and solutions to restart their operations in a safe and resilient manner."

To know more on how ‘Return to Workplace’ solutions came about, and watch Nitesh Bansal tell the story, click here: https://www.infosys.com/newsroom/infytv/making-our-way-back-to-workplace.html

About Infosys Ltd.

Infosys is a global leader in next-generation digital services and consulting. We enable clients in 46 countries to navigate their digital transformation. With nearly four decades of experience in managing the systems and workings of global enterprises, we expertly steer our clients through their digital journey. We do it by enabling the enterprise with an AI-powered core that helps prioritize the execution of change. We also empower the business with agile digital at scale to deliver unprecedented levels of performance and customer delight. Our always-on learning agenda drives their continuous improvement through building and transferring digital skills, expertise, and ideas from our innovation ecosystem.

Visit www.infosys.com to see how Infosys (NYSE: INFY) can help your enterprise navigate your next.

Safe Harbor

Certain statements in this release concerning our future growth prospects, financial expectations and plans for navigating the COVID-19 impact on our employees, clients and stakeholders are forward-looking statements intended to qualify for the ‘safe harbor’ under the Private Securities Litigation Reform Act of 1995, which involve a number of risks and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding COVID-19 and the effects of government and other measures seeking to contain its spread, risks related to an economic downturn or recession in India, the United States and other countries around the world, changes in political, business, and economic conditions, fluctuations in earnings, fluctuations in foreign exchange rates, our ability to manage growth, intense competition in IT services including those factors which may affect our cost advantage, wage increases in India, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, industry segment concentration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks or system failures, our ability to successfully complete and integrate potential acquisitions, liability for damages on our service contracts, the success of the companies in which Infosys has made strategic investments, withdrawal or expiration of governmental fiscal incentives, political instability and regional conflicts, legal restrictions on raising capital or acquiring companies outside India, unauthorized use of our intellectual property and general economic conditions affecting our industry and the outcome of pending litigation and government investigation. Additional risks that could affect our future operating results are more fully described in our United States Securities and Exchange Commission filings including our Annual Report on Form 20-F for the fiscal year ended March 31, 2019. These filings are available at www.sec.gov . Infosys may, from time to time, make additional written and oral forward-looking statements, including statements contained in the Company’s filings with the Securities and Exchange Commission and our reports to shareholders. The Company does not undertake to update any forward-looking statements that may be made from time to time by or on behalf of the Company unless it is required by law.

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PR Newswire
CQG Licenses Software Assets from Blue Trading Systems (BTS) to Deploy Exclusive, Robust Suite of Custom Algorithms, Low-Latency Spreader Environment

Kevin Darby, BTS Co-Founder and Managing Partner, to Lead Integration, Implementation as CQG Product Manager

CHICAGO and DENVER, June 11, 2020 /PRNewswire/ — CQG, a leading global provider of high-performance technology solutions for traders, brokers, commercial hedgers, and exchanges, today announced that it has just completed a transaction to license certain software assets from Blue Trading Systems (BTS). The move will give CQG an exclusive, comprehensive suite of custom algorithmic strategies to offer clients, along with new low-latency spread routing for spread traders.

The new, cutting-edge technology is designed to give traders access to strategies offering the best execution across a range of markets.  CQG is integrating the new algos and execution logic into its full suite of trading products, allowing for a range of choices for traders and brokers who seek anything from low-cost, easy-to-use products to more advanced, sophisticated trading platforms.

The firm also announced that Kevin Darby, formerly Co-Founder and Managing Partner of BTS, has joined CQG as a Product Manager, overseeing the product strategy for its spreader and algo offerings. In that role he will also oversee the integration and implementation of the new customized CQG offering based on the BTS software.  

When the integration is complete, CQG’s existing infrastructure, coupled with new low-latency spread routing, will give new power to traders and hedgers, letting them decide when to turn on faster routing in some markets and standard order routing in others.  CQG’s industry-leading simulation and back-testing tools will allow users to test strategies in as near real-market conditions as possible. They can then leverage transaction cost analysis (TCA) features to review performance, giving users full visibility into the benefits of deploying their proposed strategies.

CQG President Ryan Moroney said: "One of the things that stands out from the market activity over the last few months has been the incredible velocity with which markets can react to world events.  During this time of high volatility, we had numerous internal discussions on product enhancements we could make to provide our customers with new solutions designed for these market conditions.  We’ve known the BTS team for a few years and have always admired the care that has gone into its products.  When the opportunity came up to license the BTS code as well as to bring Kevin on to lead the new offering, we seized on it. This approach provides us with the basis for building a high-performance algo and spreading platform that will allow our customers to thrive in markets like these."

Darby said: "I’m thrilled to join the highly skilled and well-respected group of professionals at CQG in an effort to build out both a comprehensive institutional algo suite and a new, faster spreader platform.  Licensing the BTS code affords us a familiar low-latency foundation on which to pursue this exciting endeavor."

About CQG:

CQG provides the industry’s highest performing solutions for traders, brokers, commercial hedgers, and exchanges for their market-related activities globally, including trading, market data, advanced technical analysis, risk management, and account administration. The firm partners with the vast majority of futures brokerage and clearing firms and provides Direct Market Access (DMA) to more than 45 exchanges through its global network of co-located Hosted Exchange Gateways. CQG technology serves as the front end for a variety of exchanges, and the firm’s technology is increasingly employed as the over-the-counter matching engine for important new markets. CQG’s server-side order management tools for spreading, market aggregation, and smart orders are unsurpassed for speed and ease of use. Its market data feed consolidates 85 sources, including exchanges worldwide for futures, options, fixed income, foreign exchange, and equities, as well as data on debt securities, industry reports, and financial indices. One of the longest-serving technology solutions providers in the industry, CQG is celebrating its 40th anniversary in 2020. CQG has received the Prop Traders’ ISV of the Year award from FOW (now Global Investor Group), the Best Technical Analysis Platform award from The Technical Analyst, and the Best Product for Traders award from Finance Magnates for its multi-asset trading platform. CQG is headquartered in Denver, Colorado, with 16 sales and support offices and data centers in key markets globally.

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Related Links :

http://www.cqg.com

PR Newswire
European Deep-tech Champion IQM Receives More Than €20M of New Funding

Simultaneously IQM unveils its first quantum computer design to set the phase in the technology roadmap

ESPOO, Finland, June 11, 2020 /PRNewswire/ — IQM Finland Oy (IQM), a leading European company for quantum computer hardware, was just awarded a €2.5M grant and up to €15M of equity investment from the EIC Accelerator program for the development of quantum computers, benefiting the industry and the society at large. Together with Business Finland grants of €3.3M that IQM received so far, the company is on a fast run with more than €20M more raised in less than a year from its €11.4M seed round, summing in total to €32M.

IQM quantum computer design
IQM quantum computer design

IQM has experienced amazing growth, set up a fully functional research lab in record time, and also hired the largest industrial quantum hardware team in Europe. With the help of this new €20M, IQM will hire one quantum engineer per week and take an important next step to commercialize the technology through co-design of quantum-computing hardware and applications.

"Quantum computers will be funded by European governments, supporting IQM´s expansion strategy to build quantum computers in Germany," says Dr. Jan Goetz, CEO and co-founder of IQM.

Last week, the Finnish government announced they will support the acquisition of a quantum computer with €20.7M for the Finnish State Research center VTT.

"It has been a mind-blowing forty-million past week for quantum computers in Finland. IQM staff is excited to work together with VTT, Aalto University, and CSC in this ecosystem," rejoices Prof. Mikko Möttönen, Chief Scientist and co-founder of IQM.

This announcement was followed by the German government with €2b and to immediately commission the construction of at least two quantum computers. IQM sees this as an ideal point to expand its operations in Germany.

"With our growing team in Munich, IQM will build co-design quantum computers for commercial applications and install testing facilities for quantum processors," states Prof. Enrique Solano, CEO of IQM Germany.

Quantum computing will radically transform the lives of billions of people. Applications range from game-changing invention of medicine and novel materials to the discovery of economic models and sustainable processes.

"We are witnessing a boost in deep-tech funding in Europe, very important now. For a healthy growth of startups like IQM, we need all three funding channels: (1) research grants to stimulate new key innovations, (2) equity investments to grow the company, (3) early adoption through acquisitions supported by the government. This allows to pool the risk while creating a new industry and business cases," says Dr. Goetz. 

IQM is focusing on superconducting quantum processors, which are streamlined for commercial applications in a novel Co-Design approach.

"With the new funding and immense support from the Finnish and the European governments, we are ready to scale technologically. This brings us closer to quantum advantage thus providing tangible commercial value in near-term quantum computers," adds Dr. Kuan Yen Tan, CTO and co-founder of IQM.

IQM ranks in the top 2% of all European deep tech startups applying for the highly competitive EIC Accelerator program

Thanks to its strong technology and business plan, IQM was one of the 72 to succeed in the very competitive selection process of the EIC. Altogether 3969 companies applied for this funding.

"The €15M equity component of the EIC can be an ideal contribution to IQM’s Series A funding round." says a beaming Dr. Juha Vartiainen, COO and co-founder of IQM.

The new funding also supports IQM´s recent establishment of its new underground quantum computing infrastructure capable of housing the first European farm of quantum computers. IQM provides the full hardware stack for a quantum computer, integrating different technologies, and invites collaborations with quantum software companies. Brilliant quantum software engineers are also welcomed to join IQM.

About IQM:
https://www.meetiqm.com/company/#aboutus

IQM videos:
https://www.youtube.com/channel/UCvjqSqZiJ715XVH3O3IF93Q

About EIC Accelerator (SME instrument) program:
https://ec.europa.eu/easme/en/news/eic-accelerator-offers-new-blend-grants-and-equity

About Business Finland:
https://www.businessfinland.fi/en/for-finnish-customers/about-us/in-brief/

IQM PR CONTACTS 

IQM Contacts for questions and comments: 

Dr Jan Goetz 
CEO, IQM 
email: [email protected]   
tel. +358 505 666 483  
(English & German) 

Prof Mikko Möttönen 
Chief Scientist, IQM 
email: [email protected] 
tel. +358 505 940 950  
(English & Finnish) 

Dr Kuan Yen Tan 
Chief technology officer, IQM 
email: [email protected] 
tel. +358 504 778 091  
(English & Chinese) 

IQM's CEO and Co-founder Dr Jan Goetz at IQM's new lab, in Espoo, Finland
IQM’s CEO and Co-founder Dr Jan Goetz at IQM’s new lab, in Espoo, Finland

 

 

IQM founders: Dr Kuan Yen Tan (CTO), Prof Mikko Möttönen (Chief Scientist), Dr Jan Goetz (CEO), Dr Juha Vartiainen (COO).
IQM founders: Dr Kuan Yen Tan (CTO), Prof Mikko Möttönen (Chief Scientist), Dr Jan Goetz (CEO), Dr Juha Vartiainen (COO).

 

 

 

Related Links :

http://meetiqm.com/contact/

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