Tag Archives: CPR

Fastmarkets launches new platform to improve how customers realize value from commodities data

LONDON, May 5, 2020 /PRNewswire/ — Fastmarkets, the industry-leading cross-commodity PRA, announces today that it has launched its new client platform, providing its customers with the ability to use and see price data, price trends, and news. The Fastmarkets platform, which includes a set of highly customizable, device-specific tools, helps customers better understand and anticipate price changes in the market as well as integrate the data into their workflow.

This capability is important at any moment. It is particularly crucial in the Covid-19 and post-Covid-19 environments when market volatility, supply chain uncertainty, and relentless headlines challenge business leaders to make sound but consequential decisions. The Fastmarkets platform gives clients a clear and focused view of the markets and the dynamics affecting price, enabling them to better anticipate risks and apply insights to win in turbulent markets.

The Fastmarkets platform is a highly intuitive, customizable and powerful platform designed to give customers a strategic advantage in a dynamic market. It consists of:

  • Live access to all our price indices – providing invaluable insight into today’s turbulent market
  • An interactive and visual environment that enables customers to apply logic and build views optimized to how they work
  • Customizable alerts so that customers can keep pace with market dynamics
  • The ability to see individual or multiple commodities to understand the broader patterns in the market
  • Unmatched price integrity through a digital end-to-end proprietary and auditable price database and reporting system that controls, secures and enforces a robust price methodology and enables IOSCO standards
  • State-of-the-art technology that delivers an industry leading experience.

“The Fastmarkets platform advances our ability as a PRA within the commodity markets we serve, giving market participants new tools to view, understand, and anticipate price and market dynamics,” said Fastmarkets CEO Raju Daswani. “We are launching this platform in a market that is facing unprecedented volatility where being able to make the right decisions has profound consequences on our customers’ organizations. We deeply believe the Fastmarkets platform can change the game for our customers and give them new tools to adapt to and win in a turbulent market.”

The Fastmarkets platform is made possible by more than 160 price reporters located in every major market hub around the world. Our code of conduct and objectivity, along with our transparent methodologies, give our clients the confidence to trust and rely upon our information to make some of their hardest decisions and drive their companies’ success.

The Fastmarkets platform includes dedicated tools for accessing and using prices and news via a desktop, browser, Excel, iPhone and Android apps, and APIs so customers can monitor the markets wherever they are. The initial launch will cover the metals and mining markets before expanding to the forest products and agriculture markets.

For more information about the Fastmarkets platform, please click here.

ABOUT FASTMARKETS 
Fastmarkets is a leading price reporting, analytics and events organization for the global commodity markets, including metals, mining, agriculture, and forest products. Fastmarkets’ core activity in pricing drives transactions in commodities markets around the world and is complemented by news, industry data, analysis, conferences and insight services. Fastmarkets includes brands such as Fastmarkets MB, Fastmarkets AMM (previously known as Metal Bulletin and American Metal Market respectively), Fastmarkets RISI and Fastmarkets FOEX. Its team of over 400 people are located in 17 global offices including London, Boston, New York, Shanghai, Beijing, Singapore, Brussels and São Paulo. Fastmarkets is part of Euromoney Institutional Investor PLC (LSE: ERM), a listed company on the London Stock Exchange. Euromoney is a leading international business-to-business information group focused primarily on the global commodities, banking and asset management markets.

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CyCraft Accelerates Growth in Japan by Allying with SecureBrain (a Hitachi Systems subsidiary) and Launching AI Security Services

TAIPEI, May 5, 2020 /PRNewswire/ — On Cycraft Japan’s first anniversary, it announces SecureBrain (Headquarters: Chiyoda, Tokyo, President and CEO: Kenichi Aoyama) has become an authorized CyCraft Japan partner, and will now offer CyCraft AIR in Japan to achieve a new height in AI-driven cyber protection.

Hackers have grown far stealthier and potent than ever before, making it virtually impossible to completely prevent intrusions. Organizations, now adopting an “assumed breach” mindset, deploy security tools accordingly. Among them, Endpoint Detection and Response (EDR) is used to strengthen the depth of endpoint defense, and AI is used to increase the speed of information security analysis and operations. CyCraft AIR combines these two technologies to make the most effective solution to combat modern cyber threats.

Before the advent of CyCraft AIR, EDR required professional-level security experts, took a lot of time to conduct large-scale investigations and analysis, and was difficult to integrate successfully into an organization’s daily defense. CyCraft AIR solves those issues with its automated AI engine that supports the MITRE ATT&CK® information security framework. In minutes it can analyze every threat an organization is facing, no matter the scale, and produce an actionable, easily understood report, in addition to regularly issuing security notifications, clearly visualized analyses, and remediation recommendations. For the first time ever, the problem of information security can now be solved without expert interpretation or combing through voluminous security data.

“CyCraft’s artificial intelligence and SecureBrain’s talented experts together bring a new security service level to Japanese customers in defending modern hackers: full-scale monitoring, deep analytics, and the fastest response yet,” said James Cheng, CyCraft Japan COO.

CyCraft AIR can simultaneously achieve lightweight deployment, clear visualization of attacks, and rapid reporting of cases. The software that scans the endpoints can be run once (installation-free), scheduled, or continuously to fit customer needs. Horizontal correlation analysis of attacks and hidden devices are marked with topological maps and threat severity is easily understood by color. The complex intrusion routes of hackers pass through AI processing, creating simple and easy-to-understand Japanese reports for decision makers to quickly ascertain and act on their situation. As such, CyCraft AIR can conduct security investigations in minutes without the need for installation. In Japan, it has already successfully helped many organizations respond quickly, thoroughly, and accurately to cybersecurity emergencies. Through AI, companies can quickly take countermeasures early in a cyber attack, and vastly reduce time-consuming evidence collection at the risk of further harm.

“SecureBrain is excited to partner with CyCraft to deliver an AI-driven SecOps platform to help Japanese enterprises respond faster to new cyber attacks and stay one step ahead,” said Motoaki Yamamura, SecureBrain COO.

Motoaki Yamamura, SecureBrain COO.
Motoaki Yamamura, SecureBrain COO.

About SecureBrain

SecureBrain is a wholly-owned subsidiary of Hitachi Systems focused on network security services. With the mission of “protecting everyone from cybercrime,” SecureBrain provides the most advanced technology and highest-quality security products and services to customers in Japan.

James Cheng, CyCraft Japan COO.
James Cheng, CyCraft Japan COO.

About CyCraft

CyCraft secures government agencies, Fortune Global 500 firms, top banks and financial institutions in Asia, critical infrastructure, airlines, telecommunications, hi-tech firms, and SMEs in several APAC markets, including Taiwan, Singapore, Japan, Vietnam, and Thailand. CyCraft powers SOCs (security operations centers) with our proprietary and award-winning AI-driven MDR (managed detection and response), SOC operations software, TI (threat intelligence), Health Check, automated forensics, and IR (incident response) services. CyCraft was one of only two cybersecurity vendors from Asia selected to join the second round of the MITRE ATT&CK® Evaluations, and has won multiple Gold awards in the Cybersecurity Excellence awards, including “Asia’s Best Cybersecurity Company”, “Best Forensics”, and “Best Artificial Intelligence Services”.

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HotForex Offers Clients and Partners the Ultimate Performance Reward

Award winning broker of choice HotForex is celebrating its 10 years anniversary by offering all of its loyal clients and Partners generous withdrawable rewards every month from a prize pool of $2,000,000

PORT LOUIS, Mauritius, May 5, 2020 /PRNewswire/ — HotForex, the award-winning forex and commodities broker on CFDs, was founded in 2010 and is celebrating its ten years anniversary by offering both clients and Partners the chance to earn withdrawable monthly rewards funded directly to their accounts.

A HotForex spokesperson said: “We always keep our loyal clients and partners at the heart of everything we do to ensure we provide the best possible trading experience.  These new reward programs are an exciting part of our 10 years anniversary celebrations, and we hope each one of our valued clients and Partners will enjoy the opportunity to earn their part of the $2,000,000 available!”

From now until the end of 2020, the Return on Free Margin promotion will provide monthly withdrawable returns on investment to clients, while the HF Partners 10 Years Anniversary Bonus offers Partners a withdrawable bonus of up to $3,000 every month.

Find out more about these exclusive offers here.

Notes to Media:

About HotForex 

With its origins dating back to 2010, HotForex is the brand name of HF Markets Group which encompasses global and regulated entities which are operating as multi-asset brokers offering both retail and institutional trading services to clients from around the world. HotForex is continuously establishing its position as a market leader, a fact affirmed by:

  • Over 2,000,000 Live Accounts Opened
  • More than 35 International Awards
  • Client Support in 27+ Languages
  • Top Fund Security Measures

To learn more about HotForex, please visit our website by clicking here.

Risk warnings:

Trading Leveraged Products such as Forex and Derivatives may not be suitable for all investors as they carry a high degree of risk to your capital.

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Cyient Appoints Felice Gray-Kemp as Global General Counsel

Felice comes with more than two decades of rich experience in global commercial law and will manage all aspects of corporate governance for the company

HYDERABAD, India, May 5, 2020 /PRNewswire/ — Cyient, a leading provider of technology services and solutions, today announced the appointment of Felice Gray-Kemp to the newly created role of Senior Vice President and Global General Counsel. She will play an instrumental role in providing legal and strategic guidance on significant corporate transactions and oversee corporate governance, compliance, and employee matters. 

Cyient_Felice_Gray_Kemp
Cyient_Felice_Gray_Kemp

Felice comes with more than twenty years of rich and diverse experience in global commercial law. She is an expert in customer contracts, including intellectual property, employer agreements, compliance, and regulatory issues.

Before joining Cyient, Felice was Chief Legal Officer and Chief Administrative Officer at Unicorns LLC, a firm she founded to support start-ups and private equity-owned businesses. She has also held global leadership positions at multinational companies such as United Technologies Corporation (now Raytheon Technologies), Honeywell International, and LEGO. 

Felice holds a Juris Doctor degree from the University of Connecticut School of Law and a graduate degree in taxation from Boston University School of Law. She completed her bachelor’s degree in English at Yale University. Throughout her career, she has received recognition as a legal and Diversity, Equity, and Inclusion (DE&I) thought leader as well as for service to the state of Connecticut. In 2017, she was honored by the Urban League of Southern Connecticut with the Woman of Power Award.  The Connecticut Governor appointed Felice to the Board of Regents for Higher Education.

Speaking on the appointment, Krishna Bodanapu, Managing Director and CEO, Cyient said, “I am very excited to welcome Felice to Cyient. Her legal expertise, strategic acumen, and international business experience will play an essential role in helping us continue to manage our operations at the highest functional and ethical standards.”

About Cyient:

Cyient (Estd: 1991, NSE: CYIENT) is a global engineering and technology solutions company.  As a Design, Build, and Maintain partner for leading organizations worldwide, Cyient takes solution ownership across the value chain to help customers focus on their core, innovate, and stay ahead of the curve. The company leverages digital technologies, advanced analytics capabilities, and its domain knowledge and technical expertise, to solve complex business problems.

With over 15,000 employees globally, Cyient partners with customers to operate as part of their extended team in ways that best suit their organization’s culture and requirements. Cyient’s industry focus includes aerospace and defense, healthcare, telecommunications, rail transportation, semiconductor, geospatial, industrial, and energy.

For more information, please visit www.cyient.com.

Follow news about the company at @Cyient.

Media Relations

Perfect Relations 
Vishal Thapa
Mobile: +91 9701834446
Email: vthapa@perfectrelations.com 

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Matterport Brings 3D Capture To The iPhone

Company’s patented 3D technology enables users to capture and share 3D spaces for the first time using their iPhone

SUNNYVALE, California, May 4, 2020 /PRNewswire/ — Matterport, the industry leader in 3D capture and spatial data, today released Matterport for iPhone, a breakthrough way to create, edit, and share high fidelity 3D digital twins of any physical space. With the Matterport Capture app, iPhone owners now have a fast and easy way to capture a 3D environment; personalize it with embedded notes, links, labels or videos; and share it with a simple click. Visitors can explore the spaces in immersive 3D that is just like being there in person. They can even digitally measure walls, doors, windows or furniture. iPads are also supported by the Matterport Capture app, available today in the Apple App Store.

“With billions of square feet captured in more than 80 countries, Matterport has created the standard for 3D capture to digitize the built world. Today marks our first step to empower billions of smartphone users to try Matterport for themselves,” RJ Pittman, CEO of Matterport, stated. “Matterport for iPhone introduces the world to our advanced spatial data capture and Cortex AI technologies in an easy-to-use app that enables anyone to capture and share 3D spaces with friends, family or colleagues.”

Once downloaded, the Matterport Capture app can be used immediately in a number of powerful ways:

  • Real estate agents can scan a property almost as easily as taking photos with their iPhone, to create and publish an accurate 3D digital twin of a property listing
  • Homeowners can share a digital twin of their kitchen to get a quote for a remodel or scan damage to send to their insurance company for a more accurate estimate for repair.
  • iPhone users can freely share their digital twins with friends and colleagues, along with prospective tenants, owners, and more.
  • Interior designers can capture a space and take it with them to make sure furnishings fit.
  • Contractors can efficiently document stages of progression during the construction or renovation process.
  • Property owners can create an immersive virtual tour of their spaces to improve their booking rate on rental sites.
  • Businesses can easily capture a 3D digital twin of their office to help with recruiting, hiring, wayfinding, space planning and building company culture.
  • And anyone can capture and share places that are important to them — whether it’s a special room in their home, a favorite spot they frequent, or an incredible space they experienced on vacation.

“We have been hard at work advancing the capability of the Matterport platform to support 3D capture from a range of new digital capture devices over the past two years. Matterport for iPhone marks an important milestone in our capability to create stunning 3D digital twins of any space using the phone in your pocket,” said Japjit Tulsi, CTO of Matterport.

Matterport for iPhone is powered by Cortex, the company’s AI platform and patented deep learning neural network. It analyzes 3D spatial data captured from Matterport’s flagship Pro2 camera and a wide variety of third party devices including Lidar cameras, 360 cameras, and now smartphones. With millions of spaces captured, Cortex consistently and accurately creates the 3D digital twin and handles complex tasks — from 2D to 3D reconstruction, advanced image processing, automatic color correction, object and room labeling, and more. Cortex can even generate professional looking photo galleries and shareable videos from within the digital twin, along with measurements and dimensions of entire spaces; and automatic face blurring for privacy.

For more information about Matterport for iPhone, visit https://www.matterport.com.

About Matterport

Matterport is the industry leader in 3D capture and spatial data with a mission to digitize and index the built world, and advance the way people interact with the places they inhabit and explore. Matterport’s all-in-one 3D data platform enables anyone to turn a physical space into an immersive digital twin and share it with others to connect and collaborate in 3D. In less than a decade, customers such as Redfin, HH Angus, Sotheby’s, Arup and Marriott, have captured billions of square feet of space in over 80 countries.

Learn more at matterport.com, browse a gallery of digital twins, or explore a curated global collection of 3D spaces at Destination : Everywhere.

Follow Matterport on Facebook, Twitter, LinkedIn and Instagram.

All trademarks and product names are the property of their respective companies.

Matterport Media Contact
Nikki Dance
FortyThree for Matterport
Matterport@43pr.com 
831.401.3175

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Global Silicon Wafer Area Shipments Edge Up in First Quarter 2020 Despite COVID-19 Headwinds

MILPITAS, Calif., May 4, 2020 /PRNewswire/ — Worldwide silicon wafer area shipments rose 2.7 percent to 2,920 million square inches in the first quarter of 2020, compared with fourth-quarter 2019 shipments of 2,844 million square inches, but dropped 4.3 percent year-over-year, the SEMI Silicon Manufacturers Group (SMG) reported in its quarterly analysis of the silicon wafer industry.

“Global silicon wafer shipments rebounded slightly in the first quarter of 2020 after declining for one year,” said Neil Weaver, chairman SEMI SMG and vice president, Product Development and Applications Engineering at Shin Etsu Handotai America. “However, with the disruptions caused by the coronavirus, market uncertainty will prevail in the upcoming quarters.”

Silicon Area Shipment Trends – Semiconductor Applications Only

Millions of Square Inches

4Q 2018

1Q 2019

2Q 2019

3Q 2019

4Q 2019

1Q 2020

Total

3,234

3,051

2,983

2,932

2,844

2,920

Source: SEMI (www.semi.org), April 2020

All data cited in this release includes polished silicon wafers such as virgin test wafers and epitaxial silicon wafers, as well as non-polished silicon wafers shipped to end users.

Silicon wafers are the fundamental building material for semiconductors, which, in turn, are vital components of virtually all electronics goods, including computers, telecommunications products and consumer electronics. The highly engineered thin, round disks are produced in various diameters – from one inch to 12 inches – and serve as the substrate material on which most semiconductor devices, or chips, are fabricated.

A sub-committee of the SEMI Electronic Materials Group (EMG), the SMG is open to SEMI members involved in manufacturing polycrystalline silicon, monocrystalline silicon or silicon wafers (e.g., as cut, polished, epi). The purpose of the SMG is to facilitate collective efforts on issues related to the silicon industry including the development of market information and statistics about the silicon industry and the semiconductor market.

For more information, please visit SEMI Worldwide Silicon Wafer Shipment Statistics.

About SEMI

SEMI® connects more than 2,260 member companies and 1.3 million professionals worldwide to advance the technology and business of electronics manufacturing. SEMI members are responsible for the innovations in materials, design, equipment, software, devices, and services that enable smarter, faster, more powerful, and more affordable electronic products. Electronic System Design Alliance (ESD Alliance), FlexTech, the Fab Owners Alliance (FOA) and the MEMS & Sensors Industry Group (MSIG) are SEMI Strategic Association Partners, defined communities within SEMI focused on specific technologies. Visit www.semi.org to learn more, contact one of our worldwide offices, and connect with SEMI on LinkedIn and Twitter.

Association Contact
Michael Hall/SEMI
Phone: 1.408.943.7988
Email: mhall@semi.org

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Acorn International Announces US$2.5 Million Share Repurchase Plan

SHANGHAI, May 4, 2020 /PRNewswire/ — Acorn International, Inc. (NYSE: ATV) (“Acorn” or the “Company”), a leading marketing and branding company in China, today announced that the Company adopted a repurchase plan based upon a form approved by the Company’s Board of Directors in accordance with guidelines specified by Rule 10b5-1 under the Securities and Exchange Act of 1934, as amended, as well as Acorn’s insider trading policy. The Company may repurchase up to US$2.5million worth of its American depositary shares (“ADSs”) over the next 12 months under the repurchase plan.

The Company’s proposed repurchases may be made from time to time on the open market at prevailing market prices, in privately negotiated transactions, in block trades and/or through other legally permissible means, depending on market conditions and in accordance with applicable rules and regulations. The timing and extent of any purchases will depend upon market conditions, the trading price of its ADSs and other factors, and are subject to the restrictions relating to volume, price and timing under applicable law. The Company’s Board of Directors will review the share repurchase program periodically and may authorize adjustment of its terms and size. The Company plans to fund repurchases from its existing cash balance.

About Acorn International, Inc.

Acorn International is a leading marketing and branding company in China, leveraging a twenty-year direct marketing history to monetize brand IP, content creation and distribution, and product sales, through digital media in China. For more information visit www.acorninternationalgroup.com.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995

This news release contains forward-looking statements. These statements constitute “forward-looking” statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “anticipates,” “believes,” “estimates,” “expects,” “future,” “going forward,” “intends,” “outlook,” “plans,” “target,” “will,” “potential,” and similar statements. Such statements are based on current expectations and current market and operating conditions, and relate to events that involve known or unknown risks, uncertainties, and other factors, all of which are difficult to predict and many of which are beyond Acorn’s control, including the extent and duration of the adverse impact of COVID-19, which may cause actual results, performance, actions, or achievements to differ materially from those in the forward-looking statements. Further information regarding these and other risks, uncertainties, or factors is included in the Company’s filings with the U.S. Securities and Exchange Commission. The Company does not undertake any obligation to update any forward-looking statement as a result of new information, future events, or otherwise, except as required by law.

Investor Contacts:

Contact:
Compass Investor Relations
Ms. Elaine Ketchmere, CFA 
Phone: +1-310-528-3031
Email: Eketchmere@compass-ir.com

Cision View original content:http://www.prnewswire.com/news-releases/acorn-international-announces-us2-5-million-share-repurchase-plan-301051907.html

Source: Acorn International, Inc.

WorkBoard Enables Users of Any Skill Level to Dynamically Create OKR Dashboards and Business Reviews

REDWOOD CITY, California, May 4, 2020 /PRNewswire/ — WorkBoard, the leader in Enterprise Strategy and Results Management, today announced new capabilities within its Objectives and Key Results (OKRs) software that allow users with no technical skills to dynamically create and share their own OKR and business management dashboards. WorkBoard users can instantly set, organize and share their own dashboards using a variety of automated charting options for objectives and key results along with images and data from other systems.

Drive strategic priorities faster with WorkBoard.
Drive strategic priorities faster with WorkBoard.

The new capabilities give dashboard creators the ability to section their dashboards by topic or function, select key results and chart type to create charts and comparisons and add narratives and imagery to publish an all-new, purpose-specific dashboard in minutes. Today’s update further enables organizations to drive alignment and accountability in faster, more digital ways at a time when focus, transparency and efficiency are crucial.

“In large enterprises, business and operations reviews consume tens of thousands of hours every quarter as people at multiple levels of the organization generate and then meet on 50- and 100-page slide decks to review business progress. Each group needs to present its results with context and narrative, but it’s an extraordinarily slow and labor-intensive way to manage the business,” said WorkBoard CEO and co-founder Deidre Paknad. “If you use OKRs to align and measure outcomes, your OKR platform should automate management and accountability reporting. These new Biz Review features give customers full flexibility and automation to organize, narrate and publish their plans and progress digitally — saving them thousands of hours each quarter while giving stakeholders contextual results visibility on demand.”

WorkBoard’s new update automatically and easily enables users to:

  • Combine any OKRs and KRs from across the org in a view.
  • Compare and contrast KRs from disparate objectives in a variety of charts and graphs.
  • Chart, graph and group KRs in any combination for their own contextual view.
  • Incorporate operating data from other sources and interact with it dynamically.
  • Share editing and viewing permissions selectively or broadly.
  • Use presentation mode for meetings and shared screens.
  • Bring select operating data from disparate systems into context in one source of truth.
  • Access a single source of truth, so they can formulate their own conclusions, instead of checking several disparate sources.

Executives and chiefs of staffs can use these new features to:

  • Eliminate the need to gather data and prepare slides for business reviews. For a monthly business review, the run-up to meeting readiness typically takes weeks, and this capability gives execs continuous access to the facts in context, says Andrew Kisslo, Chief of Staff for Microsoft Azure marketing.
  • Organize staff and board meeting content without re-creating any data.

Function leaders can use these new features to:

  • Provide peer executives and their staffs with a context-rich picture of progress to key results and incorporate relevant operating data from systems that peer orgs don’t otherwise see.
  • Automate status reporting and ops reviews to focus time on issues and risks rather than data gathering and presentation.
  • Publish analyses and insights for their key results so people have the data and what that data tells the team.

Teams can use these new features to:

  • Publish a narrative around their OKRs.
  • Highlight team decisions and points from huddles side-by-side with their OKRs.
  • Incorporate visual artifacts from their work product to showcase them within and across teams.

These new updates and features make it much easier to operationalize OKRs and bring them into the operating rhythm of the business, further establishing WorkBoard as the enterprise standard for OKR software. WorkBoard’s platform, complemented by its OKR coaching program, empowers customers, including industry leaders and innovators such as Comcast, Workday, Microsoft, Cision, Cisco and others to keep teams productive without proximity and drive business resilience and results.

About OKRs:
OKRs are a technique for aligning objectives, defining desired results, and measuring progress in shorter, focused intervals. They are typically set for teams, unifying team members around common intentions with clear metrics for success, enabling cross-team alignment and connecting team outcomes to company outcomes. Made popular by startups, large enterprises began adopting them to respond to dynamic markets, close strategy alignment gaps, and engage more of their organization in strategy execution. Platform-enabled OKRs have now become essential to business resilience by enabling organizations to rapidly shift strategic priorities; giving all employees the ability to see company, function and group strategic priorities on demand; and quickly mobilizing and digitally connecting a distributed workforce to the most important work and outcomes.   

About WorkBoard:
WorkBoard enables Comcast, Cisco, Microsoft, Samsung, Workday, Zuora and other large enterprises to improve business resilience and results with its Enterprise Results Platform. WorkBoard’s SaaS platform enables companies to rapidly shift and align OKRs, gain enterprise-wide transparency on progress to plan, automate meetings and management reporting like QBRs and operating reviews, and connect team output to company outcomes. WorkBoard also pioneered OKR coaching to help companies collapse time to success with the OKR methodology and has certified over 1,500 coaches using its proven playbook. Backed by Andreessen Horowitz, GGV Capital, Workday Ventures and Microsoft’s M12, and based in Redwood City, Calif., WorkBoard is the enterprise standard for results management. For more information, visit www.workboard.com or follow the company on Twitter: @WorkboardInc.

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Global Online Retailer SHEIN Announces SHEIN TOGETHER Featuring Headlining Performances By Katy Perry And Lil Nas X

A Virtual Event To Benefit The COVID-19 Solidarity Response Fund For WHO Powered By The United Nations Foundation

LOS ANGELES, May 4, 2020 /PRNewswire/ — Global industry-leading e-retailer SHEIN announces the brand’s first-ever digital entertainment festival, SHEIN Together, on May 9, 2020. The four-hour digital event SHEIN Together will be streamed via SHEIN’s free app and will help to support and raise awareness and donations to benefit the COVID-19 Solidarity Response Fund for the World Health Organization (WHO) – powered by the United Nations Foundation.

The COVID-19 Solidarity Response Fund for the WHO is the only way individuals, corporations, foundations, and other organizations around the world can directly support WHO’s global work to help countries prevent, detect, and respond to the COVID-19 pandemic. This fund also supports the work of two partners, UNICEF and the Coalition for Epidemic Preparedness Innovations (CEPI).

The unique virtual showcase begins Saturday, May 9th at 1 pm PT and will be packed with exclusive music performances, celebrity segments, special influencer appearances, and TikTok guests. Hosted by E! News’ “The Rundown” host Erin Lim, viewers will also see a beauty tutorial by Chrisspy, at-home styling sessions by celebrity stylists Maeve Reilly and Karla Welch, and plenty of surprises!

PERFORMANCES BY:
KATY PERRY
LIL NAS X
RITA ORA    |    DOJA CAT

SPECIAL GUESTS:
HAILEY BIEBER
YARA SHAHIDI
MADELAINE PETSCH
STORM REID
VANESSA MORGAN
LELE PONS
TYLER CAMERON
KIMBERLY LOAIZA
SOFIA WYLIE

SHEIN is committed to donating $100K to the fund with viewers able to also participate by purchasing a limited-edition #SHEINtogether t-shirt collection where 100% of the proceeds will go to the UN Foundation for the COVID-19 Solidarity Response Fund for WHO.  #SHEINtogether t-shirts will retail for $10.00 USD and are available to purchase starting May 4, 2020 at www.shein.com. Additionally, viewers can donate through a donation link on the app and all funds will contribute to supporting the fund.

“As a global brand, we know this crisis has affected all of our communities, consumers and their families and we couldn’t stand by and not help,” says Molly Miao, SHEIN Co-founder. “In addition to our efforts in donating masks to those on the frontlines internationally, we wanted to also make sure our audience understands the importance of supporting this cause, which is why we came up with the idea to host SHEIN Together.”

Download the app on iPhone or Android at the Apple App Store or visit www.shein.com for more details.

About SHEIN Together:
SHEIN Together is a virtual entertainment showcase to benefit the COVID-19 Solidarity Response Fund for WHO – powered by the United Nations Foundation. Hosted by E! News’ “The Rundown” host Erin Lim, the streamed broadcast featuring exclusive music performances by Katy Perry, Lil Nas X, Rita Ora, and Doja Cat. Celebrity segments, special influencer and TikTok appearances by Hailey Bieber, Yara Shahidi, Madelaine Petsch, Storm Reid, Vanessa Morgan, Lele Pons, Tyler Cameron, and many more. SHEIN Together will be broadcasted exclusively on SHEIN app available for download for iPhone and Android on May 9th, 2020 at 1 pm PT.

About SHEIN:
Founded in 2008, SHEIN is a fast-fashion e-retailer with a global network that spans 220 countries and regions. Here at SHEIN, we place a premium not on our apparel, but on choice. That’s why we drop 500 new fashion items daily, spoiling our customers with a dizzying selection of on-trend womenswear that they can mix and match to their heart’s delight. We do this because we believe that the clothes we wear reflect our personalities and we want to empower today’s women to explore and express their individuality. With the abundance of choice we provide, our customers can intricately craft that perfect look which reflects their individuality. Simply put, we help you do you.

To learn more about SHEIN, follow us at shein.com, instagram.com/shein and youtube.com/shein.

About UN Foundation:
The UN Foundation brings together ideas, people, and resources to help the United Nations drive global progress and tackle urgent problems. Our hallmark is to collaborate for lasting change and innovate to address humanity’s greatest challenges. Learn more at www.unfoundation.org

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Twelve Start-ups from PIER71’s Smart Port Challenge Awarded S$600,000 to Bring Innovative Solutions to Maritime Market

SINGAPORE, May 4, 2020 /PRNewswire/ — The Maritime and Port Authority of Singapore (MPA) and NUS Enterprise, the entrepreneurial arm of the National University of Singapore (NUS), today announced that 12 start-ups from Port Innovation Ecosystem Reimagined @ BLOCK71 (PIER71)’s Smart Port Challenge (SPC) 2019 have each been awarded S$50,000 in grant funding from MPA. The funding will enable the start-ups to conduct prototype development and test-bed their near market-ready solutions.

A virtual environment based on a digital twin of a crude oil tanker developed by Kanda to simulate a Lock Out Tag Out safety procedure
A virtual environment based on a digital twin of a crude oil tanker developed by Kanda to simulate a Lock Out Tag Out safety procedure

Over the next 12 months, the start-ups will be working on pilot projects in collaboration with PIER71’s maritime corporate partners, who will provide subject matter expertise, test data, as well as a platform to test-bed their solutions. Their grant applications were assessed based on the viability of their solutions in addressing maritime challenges. Focusing on technologies such as artificial intelligence, virtual and augmented reality (V/AR), blockchain, robotics and wearables, these start-ups are:

  • ABEJA
  • ASA Development
  • C-LOG
  • Cerekon
  • Dravam
  • Kanda
  • KoiReader Technologies
  • Marified
  • Megapixel
  • Newton Services Research (local entity of Delvify)
  • Performance Rotors
  • Tropical Renewable Energy Engineering (TREE)

Upon the successful completion of the projects, the maritime corporates will be adopting the final products/solutions. Mr. Ron Fong, Regional IT Manager of Teekay said, “The use of Kanda’s VR solution to simulate a safety procedure known as Lock Out Tag Out, will allow our crew to undergo training in a virtual tanker which is essentially a digital twin of the one they work on, without endangering their lives or damaging any equipment. We’re also working with Cerekon to explore a remote support system, that will enable our onboard engineers to use voice-activated head-mounted wearables to safely and more efficiently conduct equipment maintenance.”

Ms. Quah Ley Hoon, Chief Executive of MPA, said, “Although the global COVID-19 situation has caused widespread disruption, we push ahead with innovation in the maritime sector. Singapore continues to support the use of emerging technologies to transform the maritime industry, uplift the way companies do their business and strengthen our resilience as a maritime nation. These grants represent MPA’s commitment to supporting innovation as part of Singapore’s Sea Transport Industry Transformation Map, and we are heartened by the results we’ve seen to date from previous grant recipients.”

Professor Freddy Boey, NUS Deputy President (Innovation and Enterprise), said, “Start-ups addressing innovation opportunities created through Smart Port Challenge are bringing solutions to real problems faced by the maritime industry. By leveraging the extensive pool of talent from the university, the global network of resources from NUS Enterprise, as well as industry partnerships through MPA, PIER71 is playing a pivotal role in bridging the gap between innovation and market needs.”

Eight out of 13 of the previous grant recipients from Smart Port Challenge 2018 have completed their pilot projects, with the remaining five nearing completion. Ship Supplies Direct, a start-up focusing on improving marine logistics and supply chain, has reported up to 30% reduction in delivery costs and up to three hours less waiting time per delivery through their pilot project with PSA International. Aeras Medical, a start-up with experience in the healthcare industry, also completed a three-month onboard trial with OMC Shipping. Their vital signs monitoring solution was used to monitor and manage crew health remotely, and achieved high adherence rate among the crew.

For more information on the list of grant recipients, please refer to Annex A.

About PIER71

Founded by the Maritime and Port Authority of Singapore (MPA) and the National University of Singapore (NUS), through its entrepreneurial arm NUS Enterprise, PIER71 (Port Innovation Ecosystem Reimagined at BLOCK71) aims to grow Singapore’s maritime innovation ecosystem. PIER71 boosts innovation in the maritime and maritime-related industries by attracting talents, creating opportunities for the exchange of knowledge and ideas, attracting investments into start-ups and accelerating ventures.

PIER71 designs and delivers programmes to uncover opportunities within the industry and supports entrepreneurs from ideation to acceleration of their ventures. PIER71 provides access to various markets, demand drivers, technology solution providers, investors and more. PIER71 also represents a budding and increasingly vibrant ecosystem of stakeholders who are keen to digitalise and create the next wave of maritime innovation.

For more information, please visit https://pier71.sg

About the Maritime Port Authority of Singapore (MPA)

MPA was established on 2 February 1996, with the mission to develop Singapore as a premier global hub port and international maritime centre, and to advance and safeguard Singapore’s strategic maritime interests. MPA is the driving force behind Singapore’s port and maritime development, taking on the roles of Port Authority, Port Regulator, Port Planner, IMC Champion, and National Maritime Representative. MPA partners the industry and other agencies to enhance safety, security and environmental protection in our port waters, facilitate port operations and growth, expand the cluster of maritime ancillary services, and promote maritime R&D and manpower development.

For more information, please visit https://www.mpa.gov.sg/web/portal/home

About National University of Singapore (NUS)

The National University of Singapore (NUS) is Singapore’s flagship university, which offers a global approach to education, research and entrepreneurship, with a focus on Asian perspectives and expertise. We have 17 faculties across three campuses in Singapore, as well as 12 NUS Overseas Colleges across the world. Close to 40,000 students from 100 countries enrich our vibrant and diverse campus community.

Our multidisciplinary and real-world approach to education, research and entrepreneurship enables us to work closely with industry, governments and academia to address crucial and complex issues relevant to Asia and the world. Researchers in our faculties, 29 university-level research institutes, research centres of excellence and corporate labs focus on themes that include energy, environmental and urban sustainability; treatment and prevention of diseases common among Asians; active ageing; advanced materials; as well as risk management and resilience of financial systems. Our latest research focus is on the use of data science, operations research and cybersecurity to support Singapore’s Smart Nation initiative.

For more information on NUS, please visit www.nus.edu.sg

About NUS Enterprise

NUS Enterprise, the entrepreneurial arm of NUS, plays a pivotal role in advancing innovation and entrepreneurship at NUS and beyond. It actively promotes entrepreneurship and cultivates global mind-sets and talents through the synergies of experiential entrepreneurial education, active industry partnerships, holistic entrepreneurship support and catalytic entrepreneurship outreach. Its initiatives and global connections support a range of entrepreneurial journeys and foster ecosystem building in new markets. These initiatives augment and complement the University’s academic programmes and acts as a unique bridge to industry well beyond Singapore’s shores.

For more information, please visit https://enterprise.nus.edu.sg

Annex A: Grant Recipients for Smart Port Challenge 2019

FOCUS AREA: Efficient & Intelligent World Class Next Generation Port

 

1. ABEJA

ABEJA is one of the first start-ups specialising in Machine Learning (ML) and Deep Learning (DL) in Asia. The organisation has deployed over 200 Artificial Intelligence (AI) projects across various industries and specialises in implementing computer vision solutions. For the maritime industry, ABEJA is using video analytics and deep learning to automate many routine tasks that are manual and tedious. With improved operations, companies can help their employees achieve greater productivity and focus on higher-level endeavours. Backed by investors including Google, Nvidia, Salesforce, ABEJA was the only Japanese start-up to be commended by CB Insights (AI 100: The Artificial Intelligence Start-ups Redefining Industries).

 

https://www.abejaglobal.com/

 

2. KoiReader Technologies

Checking and cross-referencing financial and declaration documentation is a labour-intensive process in the maritime industry. KoiReader has developed an innovative machine learning visual recognition system that extracts contextual data from documents (image and text) and enters it into legacy and ERP systems as actionable operational data. This improves the accuracy of filling up logistics data for regulatory clearance, brings down the cost of document processing from US$2.50 to less than few cents per page, and reduces operational risks such as those associated with mis-declaration of dangerous goods.

 

www.koireader.com

 

3. Megapixel

A massive amount of communication goes on as part of daily vessel operations. However, the absence of a system to track and tag real-time and past information makes the retrieval of historical data difficult and time consuming. Harnessing its rich development experience, Megapixel has developed a solution called Globarius which has already been successful in the construction industry and is being adapted for the maritime industry to provide port/terminal operators with a knowledge repository, using progress tracking tools to collect, organise and report data.

 

www.megapixel.sg

FOCUS AREA: Smart Fleet Operations & Autonomous Vessels

 

1. ASA Development

ASA Development, through a decade of refinement and testing, has created the Contego Productivity Platform, a tool that has helped many organisations improve their operational efficiency, through standardisation of process and centralisation of data from remote sites. Contego Audit has helped many offshore and maritime companies make sense of previously fragmented processes. Contego Document Management has enabled organisations to mobilise management systems so all company information is at the fingertips of the people who need it the most. ASA’s team is dedicated to making the maritime industry more efficient through the use of tools that make life easier.

 

www.contegoforbusiness.com

 

2. C-LOG

C-LOG is pioneering data collaboration in the maritime industry by making inter-organisational sharing of crew documentation easier and faster while respecting the data privacy of the seafarer. Addressing a challenge to develop a crew-centric platform that supports self-management and career development within the maritime industry, C-LOG is creating a solution that digitises current paper-based processes by leveraging blockchain and artificial intelligence (AI). This would save the maritime industry between 30-50% of costs related to handling crew documentation.

 

www.c-log.io

 

3. Cerekon

Efficiency, safety and productivity are key concerns when it comes to the inspection and maintenance of vessels, particularly entire fleets. As a smart wearables solution provider, Cerekon’s AI based, “Voice-driven Handsfree Inspection & Remote Support System”, enables field personnel to conduct inspections, capture issues, conduct audits, diagnose problems and train staff, without the use of handheld devices or paper based systems. By wearing the specially designed wearables, personnel can safely conduct audits, identify leakages/cracks, access digital checklists, auto-generate job reports, by using simple human voice commands and live stream their work to seek remote assistance, without the need for bulky devices, leaving their hands free to carry tools/equipment or hold on-to hand rails for safety.

 

www.cerekon.com

 

4. Dravam

Dravam’s innovative fuel quality monitoring solution is an early detection system, scanning the entire bunker transfer for contaminants and currently providing near real-time information about the fuel quality. Installed seamlessly onto a vessel, this patented solution increases efficiency and assurance of bunkering operations, and addresses the industry’s need for faster fuel quality testing. With Singapore being the world’s first port to implement mass flow metering, to ensure quantity of bunker, the implementation of enhanced quality monitoring will enable Singapore port to ensure “Q&Q” (Quantity and Quality) of the bunker fuel.

 

http://www.dravam.com/

 

5. Kanda

Kanda is creating virtual and augmented reality platforms, coupled with machine learning to address the high costs associated with hiring and training within the maritime industry. Using a photorealistic digital twin of an entire tanker, Kanda is building a virtual reality training session that allows crew members to move around the simulated tanker. Kanda has also created a unique technique that uses machine learning and situational judgment to validate how well a candidate’s response correlates to performance as part of the recruitment process.

 

https://www.kanda.dk/

 

6. Marified

Building on the success and traction its parent company, Edufied, had gain with its blockchain-based storage and verification solution for the education industry, Marified has created a digital wallet that secures a seafarer’s certifications against forgery and is accessible from anywhere in the world. This could reduce the administrative loads of Flag States, port clearance authorities, ship owners, ship management companies and training centres by 90-97%. The use of blockchain technology also reduces the risks associated with hacking of current digital solutions.

 

www.marified.network

 

7. Newton Services Research (local entity of Delvify)

Delvify builds and runs predictive AI models for businesses. Using state-of-the-art, built in-house Artificial Intelligence (AI) tools including computer vision, natural language processing and automated speech recognition we help maritime enterprises clean, categorise and analyse their data to optimise operational processes. We take data such as past customer actions, combine it with third party data to create a forecasting and decision-making platform to recommend actions to vessel operators looking to optimise roll-pools, pricing and loadings.

 

www.delvify.io

 

8. Performance Rotors

In-hull ship inspections are both time-consuming and risky due to confined spaces, heights, lack of oxygen or presence of toxic or flammable gasses. By bringing their confined drone technology with AI defect identification and non-destructive testing (NDT) to the maritime industry, Performance Rotors can help to minimise such risks and costs. Their method uses NDT technology in addition to video, to allow for detailed inspection, digitalisation, data science and management, which leads to easier comparison of results for better prediction and maintenance programme formulation.

 

www.performance-rotors.com

 

9. Tropical Renewable Energy Engineering (TREE)

TREE supports Singapore’s green port initiative by providing novel and innovative solutions towards Digital twin based marine asset health monitoring with real-time capability. TREE’s underwater drone-based solution aims to minimise downtime of marine assets by providing early information on potential failures of marine assets, to take timely preventive actions much faster than conventional maintenance methods. TREE also specialises in resource mapping and environmental impact of water bodies and coastal locations using novel sensor integrated surficial robots that provides vital information such as seabed bathymetry, water quality and tidal flow and wave conditions.

 

www.tree.sg

Photo – https://photos.prnasia.com/prnh/20200504/2793352-1?lang=0