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PR Newswire

Human-Centered Digital Technology Starts with Digital Talent Development: DigiBridge Digital Talent Development Side Event at the 2024 UN STI Forum

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NEW YORK, May 11, 2024 /PRNewswire/ — The ninth annual United Nations Science, Technology, and Innovation Forum (UN STI Forum), dedicated to advancing the Sustainable Development Goals, convened at the UN headquarters in New York on May 9-10, 2024. Under the theme “Science, Technology, and Innovation for Reinforcing the 2030 Agenda and Eradicating Poverty in Times of Multiple Crises: The Effective Delivery of Sustainable, Resilient, and Innovative Solutions,” the forum featured keynotes from luminaries such as Dennis Francis, President of the General Assembly; Paula Narvaez, President of ECOSOC; Li Junhua, United Nations Under-Secretary-General for Economic and Social Affairs; Tshilidzi Marwala, United Nations Under-Secretary-General and Rector of the United Nations University; Muhammadou M. O. Kah, Chairman of the UN CSTD and Vice Chair of the WDTA Education Council. These remarks focused on deploying innovative solutions to expedite the achievements laid out in the 2030 Agenda.

A key highlight of the forum was the DigiBridge side event, organized by the World Digital Technology Academy (WDTA). The event centered on crucial discussions about narrowing the global talent and skill gap and enabling developing countries to leverage digital technologies for sustainable growth. 

The event was officially opened by Peter Major, Vice Chairman of the UN CSTD and Founding Chairman of WDTA, detailed how the DigiBridge program detailed how the DigiBridge is a leading global initiative in digital talent development, designed to bridge the global digital skills gap for everyone. This comprehensive educational and training program melds advanced pedagogical techniques with the demands of industry and international benchmarks, offering a lifelong learning platform for college students, technology professionals, and sector leaders.

Muhammadou M. O. Kah, also opened the event by highlighting the indispensable role of digital technologies in global economic growth and as pivotal solutions to global challenges. He outlined the vision for UN CSTD and WDTA to jointly foster a platform that promotes creativity, groundbreaking ideas, and international collaboration, serving as a powerful catalyst for sustainable digital technology growth and societal advancement.

Yale Li, Co-Founder and Executive Chairman of WDTA, introduced the highly anticipated ‘DigiBridge Digital Talent Development Program. He emphasized the transformative role of innovative educational solutions in shaping a resilient digital economy, particularly through the lens of AI-driven training programs. These initiatives demonstrate WDTA’s leadership in educational innovation and its commitment to cultivating an inclusive global digital talent pool. Prof.  Li mentioned that the WDTA has launched the ” Certified Artificial Intelligence Security Professional” and ” Certified Chief AI Officer” programs, which are rapid actions to support comprehensive education in artificial intelligence.

Tshilidzi Marwala delivered a keynote speech on the topic of generative AI in education. He emphasized the vast potential of generative AI in the educational sector, particularly in personalized learning and the access to educational resources, while also highlighting the risks and challenges it presents, such as data biases and the potential decline in students’ critical thinking skills. He advocated for a comprehensive and ethical approach to exploring AI’s application in education, ensuring equitable access and mitigating potential negative impacts.

Contributions about AI and Education also came from industry leaders. Naria K, General Manager of Digital Inclusion at Microsoft Philanthropies, presented ‘Helping People Build Skills for a New Way of Working.’ She discussed the transformative impact of Generative AI on the workplace and the new opportunities it creates. Highlighting the necessity for AI fluency in all future jobs, Naria detailed Microsoft’s initiatives to upskill individuals, especially from underserved backgrounds, to navigate and thrive in the evolving AI economy.

Dr. Cari L. Miller, Co-founder and Board Chair at the AI Procurement Lab, presented ‘Urgent and Emerging AI Use Cases and the Demand for Cross-Cutting Education.’ She discussed the rapid adoption of AI use cases and their future trends, emphasizing the need to adapt educational practices to prepare a tech workforce capable of delivering immediate employer value. Dr. Miller highlighted the importance of context-specific AI applications and cross-cutting educational strategies that enhance ROI through applied technical skills and domain knowledge.

From the academic sector, Professor Ryan Ko, Cyber Security Chair at the University of Queensland, spoke on ‘AI for Interdisciplinary Cyber Security Education and Research.’ He outlined how UQ Cyber leverages AI in cyber security training, detailing the synergy between rapid AI advancements and educational strategies. His presentation highlighted UQ’s role in training Team Oceania for the International Cybersecurity Challenge, where AI significantly enhanced the team’s performance, securing them second place. This effort not only demonstrated effective AI application but also contributed to several UN Sustainable Development Goals, reflecting the global impact of their educational innovations.

Zhifeng Hao, President of Shantou University, outlined the evolution from early digital technologies to today’s AI-driven landscape, emphasizing the need to integrate disciplines like AI and Big Data into education. Professor. Hao highlighted Shantou University’s commitment to supporting the DigiBridge program, which aims to promote sustainable development and universal access to digital technology.

During the summary of the event, Executive Director and Assistant to the Chairman of the WDTA, Melan Xu, stated that DigiBridge is an open collaborative program. It invites governments, corporations, NGOs, and others to partner with the WDTA to leverage our collective strengths for synergistic development, with the common goal of bridging the digital divide and ensuring that everyone has the opportunity to contribute to and benefit from the digital economy.

The success of the DigiBridge side event at the 2024 UN STI Forum underscored the critical importance of international collaboration in tackling challenges of the digital era. It also reaffirmed the vital role of multilateral cooperation in promoting digital education equity and inclusive growth worldwide, ensuring that bridging the global digital gap for everyone.

PR Newswire

Josys SaaS Management Platform Achieves SOC 2 Type 2 Certification

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PALO ALTO, Calif. and SINGAPORE, May 9, 2024 /PRNewswire/ — Josys, the SaaS and device management platform that simplifies how IT works, is proud to announce that it has achieved SOC 2 Type 2 certification. This certification affirms Josys’ commitment to maintaining the highest standards of data security, confidentiality, and compliance within its operations.

The SOC 2 Type 2 certification, issued by Accorp Partners , validates that Josys’ systems have been thoroughly assessed and meet the stringent criteria for security, availability, processing integrity, confidentiality, and privacy of customer data.

Earning a SOC 2 Type 2 certification is a significant milestone for Josys and underscores the company’s dedication to ensuring the utmost protection of customer information. This certification provides assurance to Josys’ customers and partners that their data is handled with the highest level of security.

“Achieving SOC 2 Type 2 certification reflects Josys’ unwavering commitment to safeguarding our customers’ sensitive data,” said Sanjay Rajasekhar, Co-Founder and Chief Technology Officer at Josys. “This certification is a testament to the dedication of our team to implement robust security measures and best practices throughout our global organization. We remain steadfast in our commitment to providing our customers with the highest level of trust and confidence in our SaaS management platform and services.”

In addition to SOC 2, Josys is ISO 27001 certified and remains devoted to maintaining top-tier security and compliance standards. The company continues to invest in technologies and processes to ensure the protection of customer data.

About Josys:

Josys is the SaaS & Device Management Platform that simplifies how IT works. Our holistic approach equips IT teams with 360-degree control over their SaaS applications and device inventory by making it easier to visualize user access, analyze utilization trends, and automate provisioning processes that will make IT operations run more efficiently. Learn more at: https://josys.com/. 

Contact:
Sylvia McKaige
PR, Salween Group
Sylvia.mckaige@salweengroup.com

PR Newswire

Silicon Motion Unveils High-Performance Single Chip PCIe Gen4.0 BGA Ferri® SSD with i-temp for Industrial and Automotive Applications

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Company Also Showcases the Entire Portfolio of Ferri Embedded Storage Solutions at Embedded World 2024

TAIPEI and MILPITAS, Calif., March 26, 2024 /PRNewswire/ — Silicon Motion Technology Corporation (NasdaqGS: SIMO) (“Silicon Motion”), a global leader in designing and marketing NAND flash controllers for solid-state storage devices, today introduced the new generation FerriSSD NVMe PCIe Gen 4 x4 BGA SSD. This latest solution features support for i-temp and integrates advanced IntelligentSeries™ technology, delivering robust data integrity in extreme temperature environments that meet the rigorous demands of industrial embedded systems and automotive applications.

FerriSSD with i-temp.
FerriSSD with i-temp.

The latest FerriSSD BGA SSD supports PCIe Gen 4 x4 and uses high density 3D NAND within a compact 16mm x 20mm BGA chip-scale package. With storage capacities up to 1TB, these high-performance embedded SSDs utilize Silicon Motion’s latest innovations to achieve high sequential read speeds exceeding 6GB/s and sequential write speeds exceeding 4GB/s. Equipped with Silicon Motion’s proprietary IntelligentSeries™ data protection technology that enhances reliability and performance through the use of encryption, data caching, data scanning and protect features, as well as supporting the i-temp requirements of operating in extreme temperatures from -40°C to + 85°C.  This latest FerriSSD offers a high performance and highly reliable embedded storage solution for a broad range of applications and operating environments including in-car computing, thin client computing, point-of-sale terminals, multifunction printers, telecommunications equipment, factory automation tools, and a wide range of server applications.

Additional features of the FerriSSD solution includes:

  • Built-in SR-IOV capability, enabling virtual machines to share a single physical PCIe device, ensuring greater flexibility and scalability, while maintaining security.
  • Digitally signed firmware with eFuse, AES-128/256 encryption
  • TCG Opal v2.01 compliance
  • Hardware SHA384 with a True Random Number Generator (TRNG), offering the most robust data security

Silicon Motion is dedicated to developing innovative and highly adaptable cutting-edge solutions. We are excited to announce that our latest embedded storage technology will be unveiled at Embedded World 2024. Meet our experts at booth in Hall 1 to discover more about this groundbreaking technology. For further details, kindly visit https://www.siliconmotion.com/events/2024EW/

About Silicon Motion:

We are the global leader in supplying NAND flash controllers for solid-state storage devices. We supply more SSD controllers than any other company worldwide for servers, PCs, and other client devices. We are the leading merchant supplier of eMMC and UFS embedded storage controllers used in smartphones, IoT devices, and other applications. We also supply customized high-performance hyperscale data center and specialized industrial and automotive SSD solutions. Our customers include most NAND flash vendors, storage device module makers and leading OEMs. For further information on Silicon Motion, visit us at www.siliconmotion.com.

Corporate Media Contact:
Minnie Lin
Director of Marketing Communication Department
Tel: +886 2 2219 6688 x3010                   
E-mail: minnie.lin@siliconmotion.com  

Investor Contact:
Jason Tsai
E-mail: jason.tsai@siliconmotion.com  

Sales Contact:
E-mail: service@siliconmotion.com

PR Newswire

Veritas Backup Exec Strengthens Resilience Against Ransomware for SMBs

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Latest release of all-in-one data protection solution features new malware detection, role-based access control and faster backup and recovery

SINGAPORE, March 22, 2024 /PRNewswire/ — Veritas Technologies, the leader in secure multi-cloud data management, today announced enhancements to Veritas Backup Exec, the unified backup and recovery solution trusted by more than 45,000 small and midsize businesses (SMBs) worldwide. The latest updates include malware detection capabilities, role-based access control and additional optimizations for fast backup and recovery of business-critical data.

With ransomware attacks on the rise, data security is a growing concern for all businesses. Veritas research found that over the last two years, 65% of businesses had fallen victim to a ransomware attack in which bad actors infiltrated their systems. A majority also said data security risks are increasing. Small businesses can be especially vulnerable to ransomware attacks, without the in-house expertise to manage the complexities of data security. Many also forgo cyber insurance with a mistaken assumption that by virtue of their smaller size, they are more likely to fly under the radar of cybercriminals.

Simon Jelley, general manager for Backup Exec at Veritas, said: “Make no mistake, SMBs face the same danger as large enterprises. Hackers target smaller companies just as frequently and with more devastating consequences. Only one thing can guarantee recovery if attackers get in – having a reliable backup system. Veritas Backup Exec provides a simple-to-use, all-in-one solution for protecting SMBs’ critical data wherever it lives – in SaaS or specialized applications and workloads, on premises or in the cloud.”

The unified design of Veritas Backup Exec eliminates the need for multiple point products and offers SMBs a powerful, cost-effective way to keep pace with the changing data and threat landscape. Customers can also manage their entire data estate from a single console. Veritas continuously strengthens the solution’s capabilities and defensive measures, adhering to a rapid development cycle. The latest release of Veritas Backup Exec introduces several new features:

  • Malware detection – Equips SMBs with another line of defense against viruses propagating within their data environment. Veritas Backup Exec malware detection, powered by Microsoft Defender, can be used to scan both VMware and Hyper-V backup sets at any time or prior to recovery.
  • Role-based security – Limits access to data based on a user’s specific role. In the event an account is compromised by hackers, the hackers can only corrupt the small volume of data associated with that specific user’s account.
  • Faster backup and recovery – Optimizes protection performance with forever incremental backup of VMware and Hyper-V. Protection of virtual machines is now faster with parallel backup of multiple virtual disks and the included ability to recover virtual machines instantly.

Steve Walcott, server administrator at WalCorp, said: “Ransomware attacks have become inevitable in today’s world. Veritas Backup Exec helps us stay prepared and ready to recover quickly. The all-in-one design is cost-effective and gives us everything we need to keep our data secure, making it simple to protect data across environments.”

Christophe Bertrand, practice director at Enterprise Strategy Group, said: “Whether they realize it or not, SMBs have a target on their backs. Hackers know they lack resources, and our research confirms that SMBs think ransomware is more complex than other attacks and are more likely to pay extortion demands. Veritas is aiming to ‘democratize’ cyber resilience through Backup Exec, giving SMBs data defense tools to help them detect and recover from ransomware attacks with full confidence.”

Veritas Backup Exec is available as a subscription service and can be installed in 10 minutes or less. Once installed, completing the first backup takes only five minutes. Find a Veritas-certified partner or sign up for the Veritas Backup Exec free 60-day trial. To learn more about how the solution helps SMBs, watch the webinar on pinpointing cyber threats and recovering quickly from ransomware attacks.

About Veritas 
Veritas Technologies is the leader in secure multi-cloud data management. Over 80,000 customers—including 91% of the Fortune 100—rely on Veritas to help ensure the protection, recoverability and compliance of their data. Veritas has a reputation for reliability at scale, which delivers the resilience its customers need against the disruptions threatened by cyberattacks, like ransomware. No other vendor is able to match Veritas’ ability to execute, with support for 800+ data sources, 100+ operating systems and 1,400+ storage targets through a single, unified approach. Powered by Cloud Scale Technology, Veritas is delivering today on its strategy for Autonomous Data Management that reduces operational overhead while delivering greater value. Learn more at Veritas.com. Follow us on X at @VeritasTechLLC.  

Veritas and the Veritas Logo are trademarks or registered trademarks of Veritas Technologies LLC or its affiliates in the US and other countries. Other names may be trademarks of their respective owners. 

PR Newswire

ICZOOM Announces Upgrade The Risk Control Of The SAAS System To Improve Service Quality And Security

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HONG KONG, March 19, 2024 /PRNewswire/ — ICZOOM Group Inc. (Nasdaq: IZM) (the “Company” or “ICZOOM”), a B2B electronic component products e-commerce platform, announced today that the Company has upgraded the risk control of its SAAS system to enhance its customer service capabilities and improve the quality and security of customer transactions.

ICZOOM’s electronic trading platform has undergone a system upgrade to provide a more secured trading environment for clients on the trading platform by improving the company’s business risk deployment and control nodes. The update includes without limitation enhanced credential analysis on customers, behavior analysis on trading activities and adds-on of a number of risk control nodes. The Company believes that the update could significantly improve the security protection and efficiency of transactions for the customers, therefore advance the operation of the business.

ICZOOM’s CEO, Mr. Lei Xia, commented, “We are striving to help more small and medium-sized microelectronics enterprise customers purchase electronic components more conveniently, reduce procurement costs and improve procurement efficiency as well as enhancing the security protection by upgrading our own platform services. This system upgrade will help us build and consolidate our competitive advantage, and we intend to continue to invest in research and development, strive to improve the quality of our technology and services, and continue to create value for our shareholders.”

About ICZOOM Group Inc.

ICZOOM Group Inc. (Nasdaq: IZM) is primarily engaged in sales of electronic component products to customers in Hong Kong and mainland China through its B2B e-commerce platform. These products are primarily used by China based small and medium-sized enterprises (“SMEs”) in the consumer electronic industry, Internet of Things (“IoT”), automotive electronics and industry control segments. By utilizing latest technologies, the Company’s platform collects, optimizes and presents product offering information from suppliers of all sizes, all transparent and available to its SME customers to compare and select. In addition to the sales of electronic component products, the Company also provides services to customers such as temporary warehousing, logistic and shipping, and customs clearance. For more information, please visit the Company’s website: http://ir.iczoomex.com/index.html.

Forward-Looking Statements

Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as “anticipate,” “estimate,” “plan,” “project,” “continuing,” “ongoing,” “expect,” “we believe,” “we intend,” “may,” “should,” “will,” “could” and similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and other filings with the U.S. Securities and Exchange Commission.

For more information, please contact:

ICZOOM Group Inc.

Investor Relations Department

Email: investors@iczoom.com

Source: ICZOOM Group Inc.

PR Newswire

bolttech solidifies Japan presence, partners with Back Market

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The launch of the strategic partnership builds on bolttech’s growth momentum in the Japan market

TOKYO, March 14, 2024 /PRNewswire/ — International insurtech bolttech today announces its partnership in Japan with leading refurbished device marketplace, Back Market. The partnership, which marks one of bolttech’s first commercial launches in the country, will deliver embedded device protection to Back Market’s customers through a seamless online experience.

The jointly created device protection service ‘Back Up’ will provide Back Market’s customers with complimentary data recovery service for damaged phones and dedicated repair, ensuring minimal disruptions to their digital lives and an enhanced user experience. ‘Back Up’ offers comprehensive protection plans covering everyday risks such as breakage, corrosion, and liquid damage to extend the life of customers’ refurbished devices, with concierge services via a one-stop contact centre for added convenience. In turn, the repair services keep devices in circulation and out of landfills for a longer period.

Thibaud Hug de Larauze, Chief Executive Officer, Back Market said, “We set up a dedicated local team in Japan last year when we noticed a growing interest in refurbished smartphones in Asia Pacific, with customers keen to explore the benefits of the circular economy and creative ways to extend the lifespan of their devices. We’re excited to build on this partnership and celebrate the launch of ‘Back Up’ with bolttech in Japan. We hope this gives customers even greater peace of mind that their devices can be further protected against unwanted damage.”

Philip Weiner, Chief Commercial Officer, Asia and Europe, bolttech said, “As one of the leading insurance markets in the world, it’s exciting to see a growth in demand for insurtech solutions as customers in Japan seek more ways to protect the things they value. Back Market is an important partner for bolttech, and we couldn’t be more thrilled to celebrate this launch milestone with them.”

Headquartered in Singapore, bolttech is one of the leading embedded insurance and protection ecosystems globally, connecting 700 distribution partners and 230 insurance providers with millions of customers worldwide. bolttech’s first commercial launch in Japan follows its Series B fundraise last year, with lead investor Tokio Marine, Japan’s first insurance company with a 140-year history. The US$246 million funding round is the largest ever Series B for an insurtech.

PR Newswire

Philippines’ Metrobank partners with CBTW to transform its wealth management technology

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Metrobank and CBTW are implementing Temenos Wealth to improve Metrobank’s operational efficiency, elevate the customer experience, and accelerate business growth.

MANILA, Philippines, March 11, 2024 /PRNewswire/ — Collaboration Betters The World – CBTW, a global tech and business solutions company, announces its strategic partnership with Metrobank, one of the Philippines’ leading universal banks, to assist the Bank in transforming its wealth management technology. CBTW will support Metrobank in enhancing its wealth management services by implementing Temenos Wealth.

With Temenos Wealth, Metrobank gains access to the most complete solution available in the market. The Temenos solution includes wealth analytics with embedded responsible AI, digital onboarding capabilities and self-service functions including robo-advisory and goal-based planning. A key aspect of the selection of Temenos’ advanced technology platform was its composable API-driven architecture which enables extensibility and simple integration with existing third-party applications, helping to reduce cost and risk while increasing business agility.

This move further cements Metrobank’s mark as the preferred partner for High Net Worth and Ultra High Net Worth clients. Known for its dynamic and holistic approach towards wealth management, Metrobank has been recognized as best in class and was recently awarded by Asiamoney as 2023 Best Domestic Private Bank in the Philippines for the second consecutive year and named as the Best Bank for the Ultra-High-Net-Worth clients.

From left: Metrobank Institutional Sales Head - Ric Pedrosa; Metrobank Information Technology Group - Bernie Ramos; Metrobank General Services Group - Christine Yang – Castillo; Metrobank Financial Markets Sector Group Head - Fernand Antonio Tansingco; CBTW APAC CEO - Pieter van Diermen; Temenos Wealth Specialist for Asia Pacific, Middle East and Africa - Eric Mellor; and CBTW Banking Technology Solutions Service Line Leader - Jon May
From left: Metrobank Institutional Sales Head – Ric Pedrosa; Metrobank Information Technology Group – Bernie Ramos; Metrobank General Services Group – Christine Yang – Castillo; Metrobank Financial Markets Sector Group Head – Fernand Antonio Tansingco; CBTW APAC CEO – Pieter van Diermen; Temenos Wealth Specialist for Asia Pacific, Middle East and Africa – Eric Mellor; and CBTW Banking Technology Solutions Service Line Leader – Jon May

Pieter van Diermen, CEO APAC, Collaboration Betters The World – CBTW, said: “With extensive experience in implementing Temenos solutions since 2012, a collaborative ethos, and a highly skilled software engineering team, CBTW is honoured to stand as Metrobank’s preferred partner in driving their digital transformation through the implementation of Temenos Wealth. With a longstanding presence in Manila, Philippines, as well as throughout the APAC region, CBTW is dedicated to delivering exceptional services to bolster Metrobank in their mission to provide an unparalleled banking experience and ensure their customers are in good hands.”

Fernand Antonio Tansingco, Financial Markets Sector Head, Metrobank, said: “We are excited to partner with CBTW and adopt Temenos’ technology to modernize our wealth management capability. As a Bank that prides itself in helping our clients preserve their wealth to build lasting legacies not just for themselves, but also their families, we are always in search for innovative solutions that will allow us to provide a better experience for our clients. With this initiative, we can continue to provide a highly personalized service to our customers.”

Ramki Ramakrishnan, Managing Director – Asia Pacific, Temenos, shared: “We are proud to partner with CBTW to support Metrobank with the digital transformation of their wealth management business. With clients among the largest global financial institutions and boutique firms, Temenos Wealth is the de facto software solution for the private wealth management industry. With proven solutions and a robust presence in the Philippines we are committed to support Metrobank and its future growth.”

About CBTW

Collaboration Betters The World – CBTW a global tech and business solutions company with a presence in 21 countries and a team of more than 3,000 professionals. We operate across nine service lines including Strategy & Governance, Product Design & Growth, Software Engineering, Data Analytics & AI, Cloud & Enterprise Platforms, Cyber Security, Banking Technology Solutions, Smart Industrial Solutions, and Life Sciences Solutions. As a trusted technology partner with over 20 years of experience in the APAC region, we pride ourselves on our ability to offer best-in-class software engineering services and banking technology solutions to help our clients hasten their digital transformation. For more information, please visit https://collaborationbetterstheworld.com/.              

About Metrobank

Metrobank is the country’s second largest private universal bank that empowers both retail and business clients with customized financial products and services fit to help reach their goals and full potential. It has an extensive consolidated network that spans over 940 domestic branches nationwide, more than 2,300 ATMs, and above 30 foreign branches, subsidiaries, and representative offices. The Bank believes that its robust capital position and balance sheet strength will provide ample support as it navigates through uncertain times. Capital ratios are among the highest in the industry, with total CAR at 18.3% and Common Equity Tier 1 (CET1) ratio at 17.4%. Consolidated assets stood at PHP3.1 trillion at the end of December 2023, making it one of the strongest and well-capitalized banks in the country. For more information, please visit: https://metrobank.com.ph. 

About Temenos

Temenos is the world’s leading open platform for composable banking, creating opportunities for over 1.2 billion people around the world every day. We serve 3000 banks from the largest to challengers and community banks in 150+ countries by helping them build new banking services and state-of-the-art customer experiences. The Temenos open platform helps our top-performing clients achieve return on equity three times the industry average and cost-to-income ratios half the industry average. For more information, please visit www.temenos.com.

PR Newswire

Google-backed learning app QANDA Unveils its First U.S. Product, Prep.Pie

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  • Prep.Pie is a gen-ai-powered study tool designed to support U.S. college students’ exam preparation.

LOS ANGELES, March 8, 2024 /PRNewswire/ — Mathpresso, creator of Asia’s leading learning app QANDA, unveiled their first U.S. targeted product today. Prep.Pie is a gen-ai-powered study tool designed to support U.S. college students’ exam preparation.

Google-backed learning app QANDA Unveils its First U.S. Product, Prep.Pie
Google-backed learning app QANDA Unveils its First U.S. Product, Prep.Pie

Prep.Pie leverages generative AI integrated with QANDA’s core engine to deliver a highly personalized study aid aimed at enhancing study productivity. Students can upload their study materials, and Prep.Pie will generate a comprehensive preparation package tailored to their exam needs. After conducting over 300 detailed interviews with students in its closed beta phase, Prep.Pie has officially launched for USC and UCLA students.

Key features of Prep.Pie include:

  • Prep Notes: Reorganizes all key content based on the study materials uploaded for the upcoming exam and provides an easy-to-grasp overview.
  • Prep Sets: Offers practice exams, detailed solutions, and relevant concept explanations.
  • Quick Solver: Employs QANDA’s text and image recognition technologies to instantly solve problems using the QANDA database.

Additional features, including Prep Cards and Additional Explanations, will be introduced to the product in the first half of the year.

Prep.Pie is developed by Mathpresso, a developer of MathGPT, a math-specific large language model that broke the world record in various mathematical benchmarks last December. QANDA, its flagship app, is the largest AI-powered learning platform in Asia, incorporating OCR and LLM technologies to provide detailed solutions and study guides. This approach has cultivated a self-enforcing data flywheel, boasting over 90M registered users and handling 4-8 million queries daily. 90% of its user base is located outside Korea, with predominant clusters in Japan, Vietnam, Indonesia, and Thailand. Mathpresso raised $130 million to date from various partners including Google, ByteDance, Samsung Ventures, SBVA, Mirae Asset Venture, Goodwater, and GGV Capital.

Mathpresso aims to create the world’s premier AI tutor by enhancing AI capabilities and transforming it into a 1:1 tutor. Given the localized and diverse nature of educational content, influenced by hyperlocal factors such as teaching styles and school systems, there’s a risk of AI delivering content that lacks personalization. Prep.Pie focuses on the hyper-local aspects of education, addressing the specific needs of different schools, curriculums, and instructors.

Prep.Pie is now available by monthly subscription at USC and UCLA, with plans to expand to other West Coast universities for the first half of the year and a nationwide rollout by year’s end. It delivers unparalleled coverage and results in STEM and business subjects – domains where QANDA’s proficiency in numerical knowledge is prominently displayed.

“With the launch of Prep.Pie, we’re taking a major step forward in transforming how students study,” said Jake Yongjae Lee, CEO of Mathpresso. “By blending cutting-edge AI with our extensive experience as an edtech leader in Asia, we’re ready to bring a personalized educational experience in the US that is truly hyperlocal.”

About QANDA (Mathpresso)

Seoul-based edtech startup Mathpresso (QANDA) operates the AI-powered learning platform, QANDA. The app has gained 10 million monthly active users globally including South Korea, Japan, Thailand, Indonesia and Vietnam. Leveraging QANDA’s vast database and traffic, Mathpresso plans to integrate its LLM-based AI tutor into its vertical services, including QANDA Tutor for tablet-based individual tutoring, and QANDA B2B & B2G SaaS, ensuring a deeply personalized educational experience for all students. Since 2015, Mathpresso has secured investments from Google, ByteDance, SBVA, and Samsung Venture Investment.

PR Newswire

NXCLOUD Announces Strategic Partnership with Zalo to Redefine Global Communication at Mobile World Congress 2024

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BARCELONA, Spain, March 1, 2024 /PRNewswire/ — NXCLOUD, a leading innovator of cloud-based communication solutions, announced a groundbreaking partnership with Zalo Cloud, a platform developed by the premier messaging platform popular in Vietnam, Zalo, at the Mobile World Congress (MWC) 2024 in Barcelona. The announcement at the world’s most influential exhibition for the connectivity industry highlights the significance of the partnership which is aimed to revolutionise customer engagement and facilitate global expansion.

This strategic partnership propels NXCLOUD’s global customer engagement solutions to new heights by leveraging Zalo’s vast Vietnamese user base. This synergistic partnership positions NXCLOUD as the gateway for global enterprises looking to expand into Vietnam, facilitating their access to this market by providing enhanced reach, reliability, and user experience while offering unparalleled service and efficiency.

Throughout the MWC, NXCLOUD will be showcasing its cutting-edge solutions that simplify customer engagement, unify communication channels, and enable companies to tap into new markets to achieve revenue growth. This partnership will see NXCLOUD working closely with Zalo Cloud, the messaging platform’s technological solutions wing in the integration of Zalo Notification Service (ZNS) into its offerings. NXCLOUD will be responsible for deployment, consultancy, and providing direct support to businesses aiming to reach Zalo users, particularly global enterprises that plan to penetrate or expand their operations in the Vietnamese market.

With the ZNS integration, NXCLOUD’s offerings enable businesses to interact with their customers through the messaging platform with ease. This encompasses communications throughout the entire customer journey from the onboarding phase via ZNS Verification Codes and brand awareness messaging, to transaction management via ZNS Transaction, customer care via ZNS Customer Care, and campaign promotions via ZNS Promotion – all in full compliance with local regulations. Further, NXCLOUD’s technical experts offer support to ensure seamless implementation and effective use of omnichannel strategies aimed at expanding brand presence in Vietnam.

“We are thrilled to announce our partnership with Zalo Cloud at Mobile World Congress 2024. This collaboration represents a significant milestone in our mission to empower businesses with transformative communication solutions. By combining NXCLOUD’s expertise with Zalo’s messaging platform, we are poised to redefine the global standard for seamless and convenient communication,” said Hunk Huang, Founder of NXCLOUD.

The benefits of NXCLOUD’s integration with ZNS go beyond cost-effective messaging as it offers custom branding and templates for every occasion, and robust ISO/IEC 27001-certified security standards with failover mechanisms that guarantee messages reach their intended recipients.

As a key player in the digital transformation landscape, NXCLOUD is dedicated to empowering businesses worldwide with solutions that connect businesses with their global customers, driving business growth and brand engagement.

For more information, please visit NXCLOUD’s official website: https://www.nxcloud.com
Partnership Email: partner@nxcloud.com

About  NXCLOUD
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Zalo is a leading chatting platform with over 75 million active users and more than 2 billion messages sent per day. It is the most popular chatting application OTT in Vietnam – making it the perfect messaging channel for businesses to interact with their customers.

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PR Newswire

PaperCut: How to assess the performance of your hybrid workforce

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PORTLAND, Ore., March 1, 2024 /PRNewswire/ — Laura White, PaperCut Head of Talent, provides industry insights: 

Laura White, PaperCut Software's Head of Talent
Laura White, PaperCut Software’s Head of Talent

The Covid-19 pandemic pushed hybrid working into the mainstream, and it looks like the trend is here to stay. While employees are slowly starting to return to office, many prefer to continue working from home for at least part of the week.

I felt deeply during Covid that we were going to swing back to office work very quickly. But people have built their life on being at home five days a week for about two years. They’ve moved away, there are cost of living rises and family care for children to consider, so employers must manage the expectations of how feasible that is.

But with traditional talent evaluation based on visibility and performance, how can organizations assess their employees’ commitment and leadership in a hybrid working environment?

Understanding the challenges

According to my colleague Caz Butcher, Global Head of People and Culture at PaperCut, one of the key challenges in a hybrid working environment is employee engagement. For a global organization like PaperCut, it’s important not only to connect people with their direct team but across functions as well.

“The engagement element is about how you share knowledge and bring people together – getting people aligned outside of individual teams is a big thing,” Caz says. “If your business is growing, you need to build those foundational elements of communication and connection when people are new. That’s much harder in a global and hybrid business, so things take longer, and your expectations might need to change.”

Particularly when organizations have employees around the world and across time zones, effective communication is critical to ensuring everyone is on the same page. “From the business perspective, it’s how you communicate your strategy, your purpose, and your values so that it lands, even though people are all working at different times,” Caz says.

From performance reviews to feedback loops

While the move towards remote work has accelerated since the pandemic, a broader shift was already taking place in how companies review and assess talent. There was a school of thought that was evolving prior to hybrid: some people are throwing out the annual review process altogether and instead having more regular feedback though consistent check-ins.

Because hybrid working has limited face-to-face time between managers and direct reports, this has impacted on the ability to provide immediate feedback and to ensure people are prioritizing the right work. Says Caz: “Feedback is always difficult but it’s even harder over a virtual meeting. In a global hybrid business, giving feedback is something you really have to work at.”

In a hybrid environment, managers may also be at home for much of the week – forcing a change to their approach to assessing performance. They rely on a lot of virtual connection with the team, measuring output through deliverables and milestones, and really optimizing their time when they do come into the office.

For many organizations, this has actually led to a more structured approach to feedback. PaperCut is working on putting systems in place such as 360-degree feedback surveys to determine a more holistic performance rating. With hybrid working, businesses need to be more intentional in creating feedback because they can’t just grab someone at any time of the day in the office and have a chat.

Nurturing talent in a hybrid environment

Although hybrid working has become commonplace, not all workers are impacted equally. There’s a combination of lifestyle and economic factors that make it easier for senior leaders to come into the office more often. They’re more likely to live closer to the city because they can afford it; they may be older and have children already at school, so care isn’t as big of an issue.

In fact, people seeking remote-only roles will find themselves competing among the highest level of job applications – putting them at an immediate disadvantage for career opportunities. But even employees who are in the office only part of the week run the risk of being less visible than their peers, which is a more significant issue for those who are in junior positions or new to the business.

Work is still very much a relationship-driven environment. The more junior you are in your career and the newer you are in your organization, the more time you realistically need to spend in the office, to build up those capabilities and contacts.

But employers can take steps to nurture hybrid talent through coaching and mentorship programs that connect workers with more senior team members. If you have relationships at all levels, then you have multiple people looking out for you. That must be more prevalent in this environment because we don’t learn by osmosis from having people around us every day like we used to.

The next generation of hybrid workers

So where is hybrid work headed?  A generational shift is also underway as Millennials start taking on senior management roles and Gen Z move up in the workforce. The greater role played by younger talent is driving a change in attitudes towards both work and technology.

 Young people understand that you can stay highly connected without being face-to-face. At the same time, they’re requesting more flexibility than any previous generation. They’re forcing us to adapt to their needs because we already have a talent shortage, and we don’t want to lose out on great talent.

As the baton for executive leadership is handed between generations over the coming years, we’re likely to see a greater push for new models of talent evaluation. I think we have an opportunity to evolve how we assess the quality of someone’s output.

We’ll get better at understanding that just because you can’t see someone physically, doesn’t mean they aren’t a huge asset to the organisation – and therefore would be great for promotion or leadership position or investment in their development.