Tag Archives: LIC

36Kr Enterprise Service Review Platform Enters into Strategic Marketing Collaboration with Lenovo Group

BEIJING, Oct. 17, 2022 /PRNewswire/ — 36Kr Holdings Inc. (“36Kr” or the “Company”) (NASDAQ: KRKR), a prominent brand and pioneering platform dedicated to serving New Economy participants in China, today announced that its Enterprise Service Review Platform has entered into strategic cooperation with Lenovo, a renowned Fortune Global 500 Company. 36Kr will provide in-depth marketing services designed to empower Lenovo’s business unit targeting small- and medium-sized businesses (“Lenovo SMB”) with customer acquisition solutions, as well as improve its brand influence.

Under the cooperation, 36Kr will provide a broad array of value-added services, including precise customer acquisition, brand management and interactive marketing, among others. Leveraging its advanced big data analytics, 36Kr Enterprise Service Review Platform will identify effective marketing qualified leads (MQLs) for Lenovo SMB. At the same time, the platform will extend Lenovo’s reach among potential customers through diverse marketing campaigns, such as live streaming events, specialized forums and evaluation reports. Notably, 36Kr and Lenovo jointly created a content channel targeting “specialized, refined, differentiated and innovative” enterprises to enhance Lenovo’s brand influence and empower small- and medium-sized enterprises to expand their businesses. The Lenovo-sponsored channel was launched on 36Kr’s official website in August this year.

Incubated in the latter half of 2020, 36Kr Enterprise Service Review Platform is dedicated to becoming the go-to destination for enterprises to efficiently identify, research and procure SaaS products. To this end, the platform has developed a full set of proprietary marketing solutions, including sales leads acquisition, retention, conversion and marketing campaigns to assist SaaS providers in acquiring customers with precision targeting. Meanwhile, through its accumulated authentic user reviews and comments, the platform also enables buyers to select the best and most appropriate SaaS solutions as they navigate the digital transformation and upgrading process. Notably, 36Kr Enterprise Service Review Platform covers nearly all leading brands as well as many mid-range brands and other widely-known brands in China’s SaaS industry, and has pioneered industry classification standards. Furthermore, as an independent third-party platform, 36Kr Enterprise Service Review Platform continuously improves its product matrix, focusing on its product library, user review library, key influencer database and knowledge graph library in an effort to create a “Magic Quadrant” style research resource for China’s enterprise services industry, while also ensuring the platform’s objectivity, fairness and authority.

Since its establishment, 36Kr Enterprise Service Review Platform has seen rapid growth in its main operating metrics. As of the second quarter of 2022, 36Kr Enterprise Service Review Platform had showcased a total of over 6,600 mainstream SaaS products, spanning enterprise services software across 16 sectors and 200 industries with broad coverage of leading and well-known SaaS brands. More excitingly, the Enterprise Service Review Platform’s monthly active users (MAUs) reached approximately 900,000 during the second quarter, a more than 18-fold increase compared with the same period of last year. The number of authentic reviews climbed 17 times year-over-year to over 32,000, up 56% sequentially, and the number of registered SaaS merchants on the platform also continued to grow, reaching almost 900 to date. On the commercialization front, 36Kr Enterprise Service Review Platform has established business partnerships with a wide range of renowned enterprise software brands, including Volcano Engine, Kingdee, Beisen, Polyv, HiteVision, and EC SCRM.

Mr. Feng Dagang, 36Kr’s co-chairman and CEO, commented, “We are delighted to have established this in-depth strategic marketing collaboration with Lenovo Group. It represents another milestone in our commercialization of our 36Kr Enterprise Service Review Platform, which has rapidly grown into a leading enterprise service platform already serving many renowned SaaS brands in China. Moving forward, we will continue to join hands with China’s leading SaaS service providers to meet the huge digitalization demands of key industries and enterprises, creating more successful benchmark cases and cementing our position as the industry’s flagship platform. We are confident that as we further refine our dynamic service ecosystem, our platform, product and service advantages will compound in tandem, propelling us to the top of this immense market worth hundreds of billions of RMB while further broadening 36Kr’s service boundaries and building a second growth engine for the Company.”

About 36Kr Holdings Inc.

36Kr Holdings Inc. is a prominent brand and a pioneering platform dedicated to serving New Economy participants in China with the mission of empowering New Economy participants to achieve more. The Company started its business with high-quality New Economy-focused content offerings, covering a variety of industries in China’s New Economy with diverse distribution channels. Leveraging traffic brought by high-quality content, the Company has expanded its offerings to business services, including online advertising services, enterprise value-added services, and subscription services, to address the evolving needs of New Economy companies and upgrading needs of traditional companies. The Company is supported by a comprehensive database and strong data analytics capabilities. Through diverse service offerings and significant brand influence, the Company is well-positioned to continuously capture the high growth potential of China’s New Economy. 

For more information, please visit: http://ir.36kr.com.

Safe Harbor Statement

This announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” “confident” and similar statements. Statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: the Company’s goal and strategies; the Company’s future business development, results of operations and financial condition; relevant government policies and regulations relating to our business and industry; the Company’s expectations regarding the use of proceeds from this offering; the Company’s expectations regarding demand for, and market acceptance of, its services; the Company’s ability to maintain and enhance its brand; the Company’s ability to provide high-quality content in a timely manner to attract and retain users; the Company’s ability to retain and hire quality in-house writers and editors; the Company’s ability to maintain cooperation with third-party professional content providers; the Company’s ability to maintain relationships with third-party platforms; general economic and business conditions in China; possible disruptions in commercial activities caused by natural or human-induced disasters; and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in the Company’s filings with the SEC. All information provided in this press release and in the attachments is as of the date of this press release, and the Company undertakes no obligation to update any forward-looking statement, except as required under applicable law. 

For investor and media inquiries, please contact:

In China:

36Kr Holdings Inc.
Investor Relations
Tel: +86 (10) 5825-4188
E-mail: ir@36kr.com

The Piacente Group, Inc.
Jenny Cai
Tel: +86 (10) 6508-0677
E-mail: 36Kr@tpg-ir.com

In the United States:

The Piacente Group, Inc.
Brandi Piacente
Tel: +1-212-481-2050
E-mail: 36Kr@tpg-ir.com 

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Source: 36Kr Holdings Inc.

SKF magnetic bearings enable more sustainable production of compressed air

GOTHENBURG, Sweden, Oct. 10, 2022 /PRNewswire/ — SKF’s magnetic bearings, which can rotate at up to 50,000 rpm are now playing a key role in reducing CO2 emissions across a range of industrial applications, including compressors.

SKF’s magnetic bearing technology has been selected by Finnish cleantech company Tamturbo for their high-speed turbo motors used in industrial air compressors.

Compressed air is used in many industrial plants to power machines, tools and automation, as well as to move materials through the production process.

The delivery of compressed air historically makes use of oil-based screw compressors, which have high maintenance costs and associated CO2 emissions resulting both from the oil they consume as well as energy waste in the form of extra heat loss.

By using high-speed, direct drive centrifugal compressors, with permanent magnet motors and active magnetic bearings as a core technology, industrial customers can generate compressed air with lower emissions, longer service intervals and a lower total cost of ownership, compared to oil-based screw compressors.

Thomas Fröst, President, Independent & Emerging Business at SKF, says: “Helping industries shift towards more sustainable operations is what SKF is all about. What makes our magnetic bearing technology so exciting is that a solution that was once developed for oil and gas industries is now able to accelerate the development of cleaner technologies.”

Igor Nagaev, President & CEO of Tamturbo, says: “SKF’s magnetic bearings help solve a number of critical dilemmas in our applications: enabling high rotational speeds, with outstanding reliability and improved efficiency. This contributes to helping Tamturbo offer customers compressors with a lower total cost of ownership and reduced CO2 emissions.”

Aktiebolaget SKF

CONTACT:

For further information, please contact: PRESS: Theo Kjellberg, Director, Press Relations

tel: 46 31 337 6576, mobile: 46 725-776576, e-mail: theo.kjellberg@skf.com

INVESTOR RELATIONS: Patrik Stenberg, Head of Investor Relations

Patrik Stenberg, 46 31-337 2104; 46 705-472 104; patrik.stenberg@skf.com

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/skf/r/skf-magnetic-bearings-enable-more-sustainable-production-of-compressed-air,c3645240

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Automation Anywhere Secures $200 Million in Financing from Silicon Valley Bank and Hercules Capital


SAN JOSE, Calif., Oct. 3, 2022 /PRNewswire/ — Automation Anywhere, Inc. , a global leader in Robotic Process Automation (RPA), announced today that it is has secured $200 million in financing from Silicon Valley Bank, SVB Capital, and Hercules Capital, Inc. (NYSE: HTGC). The financing is intended to provide operational and strategic capital for the next several years.

“We continue to be optimistic about the near-term opportunities for Automation Anywhere, as more companies scale automation and use the flexibility of our cloud platform to mitigate the impact of global events and navigate market challenges,” said Mihir Shukla, CEO and co-Founder, Automation Anywhere. “The financing enables us to expand on our mission to unleash human potential by helping every company build a digital workforce and succeed with automation.”

Recent research from Automation Anywhere reveals that automation budgets are dramatically increasing, with more than 77 percent of organizations indicating they will boost their automation budgets in the year ahead. The research also found that cloud-based automations are integral for the 93 percent of organizations that have already adopted a cloud-first approach to automaton. Cloud delivers agility and flexibility to rapidly respond to the nature of today’s quickly evolving environments.

“This partnership and financing with Silicon Valley Bank and Hercules Capital, complements an already strong balance sheet, and allows us to continue to invest in and enhance the best cloud-native automation platform in the marketplace today,” said James Budge, Chief Financial Officer, Automation Anywhere. “Our cloud strategy is working and is efficient, and with over 80% of our business being cloud, our over 50% revenue growth and strengthening margins have risen to the level that we believe $200 million is more than sufficient capital to see us through to profitability.”

“It has been a pleasure to work closely with Mihir, James, and the Automation Anywhere team over the past several years to support their continued growth,” said Bob Blee, Head of U.S. Technology Corporate Banking at Silicon Valley Bank. “Automation Anywhere is a leader in RPA and is helping companies automate and digitize enterprise processes that increase the productivity of their workforce, digitally transform their business, and become more resilient. The solutions Automation Anywhere provides are invaluable and we are excited to continue to support them as they accelerate the adoption of RPA.”

Gartner estimates that automation could result in a $15 trillion benefit to the global economy by 2030.  

In 2022, Automation Anywhere cloud customers have run an estimated 50 million automations, with leading companies deploying thousands of bots across their organizations.

Interact with Automation Anywhere:

About Automation Anywhere 

Automation Anywhere is the No. 1 cloud automation platform, delivering automation and process intelligence solutions across all industries globally to automate end-to-end business processes for the fastest path to enterprise transformation. The company offers the world’s only cloud-native platform combining RPA, artificial intelligence, machine learning, and analytics to automate repetitive tasks and build enterprise agility, freeing up humans to pivot to the next big idea, build deeper customer relationships and drive business growth. For additional information, please visit us at www.automationanywhere.com.

Automation Anywhere and Automation 360 are trademarks/service marks or registered trademarks/service marks of Automation Anywhere, Inc. in the United States and other countries.

About Silicon Valley Bank:

Silicon Valley Bank, the bank of the world’s most innovative companies and investors, provides commercial banking services, expertise and insights to the technology, life science and healthcare, private equity, venture capital and premium wine industries. Silicon Valley Bank operates in centers of innovation around the world and is one of SVB’s core businesses with SVB Capital, SVB Private and SVB Securities. With global commercial banking services, Silicon Valley Bank helps address the unique needs of its dynamic, fast-growing, innovative clients. Learn more at svb.com.

SVB’s Technology Corporate Banking Division works with the most innovative public and late-stage private companies in the U.S. Tech Sector, providing a full suite of lending and banking solutions, as well as guidance as an active and trusted partner helping clients succeed and quickly scale.

Silicon Valley Bank is a member of the FDIC and the Federal Reserve System. Silicon Valley Bank is the California bank subsidiary of SVB Financial Group (SVB) (Nasdaq: SIVB). SVB Financial Group is the holding company for all business units and groups. © 2022 SVB Financial Group. All rights reserved. SVB, SVB FINANCIAL GROUP, SILICON VALLEY BANK, SVB SECURITIES, SVB PRIVATE, SVB CAPITAL and the chevron device are trademarks of SVB Financial Group, used under license.

About Hercules Capital, Inc.

Hercules Capital, Inc. (NYSE: HTGC) is the leading and largest specialty finance company focused on providing senior secured venture growth loans to high-growth, innovative venture capital-backed companies in a broad variety of technology, life sciences and sustainable and renewable technology industries. Since inception (December 2003), Hercules has committed more than $15 billion to over [590] companies and is the lender of choice for entrepreneurs and venture capital firms seeking growth capital financing. Companies interested in learning more about financing opportunities should contact info@htgc.com, or call 650.289.3060.

Media Contacts: 
Dayna Fried
Automation Anywhere
dayna.fried@automationanywhere.com
+1 925-493-9020

QunaSys Co-Organizes International Training Workshop on Quantum Computing for Chemistry

TOKYO, Sept. 30, 2022 /PRNewswire/ — QunaSys and the University of Strasbourg launch  “Quantum Computing for Chemistry – The Next Revolution,” an intensive five-day industry training event that will be held from Monday Oct. 24 to Friday Oct. 28 as part of the QAREER pilot of the EU Quantum flagship’s QTEdu learning ecosystem.

The workshop will be led by instructors from industry and academia specialized in quantum information, quantum chemistry, experimental and theoretical physics from QunaSys and the University of Strasbourg.

The training covers real world examples to help students understand the applicability of quantum computing in the chemistry field. Presented in a modular format, the workshop can be taken as a general overview of quantum computing and its industry applicability, a hands-on coding program to learn quantum computing algorithms and use case development, or as an end-to-end program covering both modules.  Following successful completion of the training, students will receive an official certificate.

The training workshop is endorsed Japan’s largest Quantum Practical Application Research Consortium (QPARC) that has retrained more than 170 students from 50 major Japanese corporations and the French Public Quantum Computing Infrastructure aQCess Atomic Quantum Computing as a Service, managed by the French National Research Agency under the Investments of the Future Program (reference ANR-21-ESRE-0032).

Training the workforce to be quantum-ready is crucial for corporations to be able to embrace the quantum revolution. Chemistry is considered one of the most promising fields for quantum computing advantage and this affects agriculture, aerospace, automotive, consumer goods, electronics, energy, or pharma. Tennin Yan, QunaSys CEO

Academia and Industry must work together to provide training opportunities in quantum that bridge foundational concepts with real-world practical applications. This is the first step towards unlocking the full potential of quantum computing for chemistry, innovative materials, and beyond. Shannon Whitlock, Professor at the University of Strasbourg

For more information please visit the workshop site, and register here.   

About QunaSys Inc.

QunaSys is the world’s leading developer of innovative algorithms in chemistry focused on accelerating the development of quantum technology applicability. QunaSys enables maximization of the power of quantum computing through its advanced joint research that addresses cutting-edge technologies providing Qamuy™, the most powerful quantum chemical calculation cloud software; fostering development of collaboration through QPARC industry consortium; and working with research institutions from academia and government. QunaSys software runs on multiple technology platforms with applicability in all chemical related industries to boost quantum computing adoption.

E-mail: pr@qunasys.com

About the University of Strasbourg

The University of Strasbourg (UNISTRA) is one of the largest universities in France, with nearly 51 000 students (including 20% of international students) and over 2800 teachers-researchers. The event will take place at the ISIS institute of the University of Strasbourg and the CNRS – one of the leading research institutes in France and internationally. Founded in 2002 by Nobel Prize Laureate Mr Jean-Marie Lehn, it focuses on developing and promoting top level multidisciplinary fundamental and applied research at the interface between Chemistry, Physics and Biology. In 2019, the University of Strasbourg and the CNRS officially founded the new European Center for Quantum Sciences (CESQ) attached to ISIS, which aims to develop new lines of research and technology exploiting quantum principles, at the frontiers to chemistry, physics, materials science, and computing.

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Source: QunaSys Inc.

PRICE COMPARISON TRAVEL APP WAYAWAY LAUNCHES OFFSETTING INITIATIVE


  • Recently launched travel price comparison appWayAway announces A Green Way to Travel initiative.
  • All contributions by WayAway users are doubled by the app.
  • Carbon offsetting provided by Sustainable Travel International.

NEW YORK, Aug. 29, 2022 /PRNewswire/ — WayAway – the recently founded price comparison app for travel – today announces the launch of ‘A Green Way To Travel Initiative.

The initiative reduces the carbon footprint damage of traveling by purchasing carbon credits provided by Sustainable Travel International. The company partnered with Envira Amazonia Project in Brazil and takes care of 500,000 acres of rainforests and protects against lumber harvesting and cattle ranching. 

WayAway is a new price comparison travel app that launched in the summer of 2022 and offers cost-saving, intelligent searches for the best flight, accommodation and car rental deals.

Users who subscribe to the WayAway Plus membership plan of the app gain multiple cashback offers from all trip purchases – but unlike other travel cashback programs however users are able to withdrawable real hard cash via PayPal.

WayAway Plus users are then able to use this cashback for contribution – taking advantage of a tool built into the app to estimate the impact of their trip – to the ‘A Green Way To Travel’ program and all contributions are then doubled by WayAway.

Ivan Baidin, WayAway CEO comments: “Traveling damages the planet and this problem needs to be solved if we want to keep going for vacations. But many travelers are simply lost as to what meaningful steps they should take to address this. So we at WayAway have established a partnership with the inspiring team at Sustainable Travel International to give our users a simple and trustworthy option for offsetting their travel with every trip.”

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Kdan Mobile Expands Influence in Japanese Market, Integrates DottedSign with LINE WORKS

IRVINE, Calif., Aug. 25, 2022 /PRNewswire/ — Kdan Mobile Software, Ltd., a global SaaS company, continues to expand into the Japanese market with its latest collaboration with WORKS MOBILE Japan Corp. Kdan announced the integration of its e-signature solution, DottedSign, with LINE WORKS, the largest business communication platform provided by WORKS MOBILE, to help professionals manage their signing processes more efficiently.

“Integrating with LINE WORKS is an important milestone for us as we continue to expand our business in Japan,” says Kenny Su, CEO of Kdan Mobile. “We will keep working closely with WORKS MOBILE for more collaborations in the future.”

The integration between the two is designed to optimize efficiency in the workplace by shortening the time spent waiting on documents to be processed and signed. Users of LINE WORKS will receive real-time notifications when a new signature request is sent from DottedSign or when a document sent via DottedSign is signed by all parties.

DottedSign is a cloud-based electronic signature solution that provides users a smooth, secure, and efficient e-signing experience. The software allows users to sign across desktop and mobile devices remotely, anytime and anywhere. DottedSign currently integrates with Google Workspace, Microsoft Teams, Salesforce and Zapier.

LINE WORKS is a business communication platform integrated from the messaging platform, LINE, for professional collaboration. It offers a variety of features for use at work, including chats, bulletin boards for company announcements, and calendars. The platform is provided by WORKS MOBILE Japan Corp. and is used by over 350,000 companies worldwide.

“As we strive to improve efficiency for our users, we are delighted to have Kdan’s DottedSign integrated in LINE WORKS,” says President and CEO of WORKS MOBILE Japan, Ryuichi Masuda. “The integration adds value to LINE WORKS services .”

Kdan Mobile is looking to expand its market share in Japan through collaborations with local resellers and agencies beyond its partnership with WORKS MOBILE. The company plans to integrate its software solutions with other prominent business platforms to support a variety of business scenarios.

For any partnership request, please contact pr@kdanmobile or check Kdan Mobile’s website to learn more: www.kdanmobile.com/

About Kdan Mobile Software Ltd. and DottedSign

Kdan Mobile Software was founded in 2009 with a mission to empower modern professionals to better leverage their productivity and unleash their creativity. The company is a global SaaS provider, whose work is supported by over 200 million downloads, and over 10 million active members worldwide.

Their e-signature service, DottedSign, is used by over 2,000 enterprise clients and provides a smooth, secure and efficient cloud-based e- signing service. Their other solutions include a portfolio of different productivity and creativity-related tools.

For more information visit: Kdan Mobile.
For more information about DottedSign visit: DottedSign.

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MINUTE MEDIA AND SPECIAL OLYMPICS ANNOUNCE FORMAL PARTNERSHIP

Minute Media kickstarted a multi-year partnership with Special Olympics at their 2022 USA Games with the goal of amplifying the importance of inclusivity in sports through community work and content creation

NEW YORK, Aug. 22, 2022 /PRNewswire/ — Expanding on their prioritization of diversity and inclusion, leading global technology company Minute Media and its sports entertainment network, FanSided are proud to partner with Special Olympics International to help end discrimination against people with intellectual disabilities and further inclusivity in sports. This global partnership exemplifies the power of authentic storytelling and will leverage Minute Media’s editorial platforms to raise awareness and share the inspiring stories of people with intellectual disabilities.

The FanSided Team volunteered at Special Olympics USA Games in Orlando, FL in June 2022.
The FanSided Team volunteered at Special Olympics USA Games in Orlando, FL in June 2022.

“For the last two years, FanSided has been intimately involved in helping Special Olympics bring awareness to the incredible sports programming they offer globally through dedicated editorial coverage,” said Zach Best, Co-Founder & General Manager of FanSided. “As we look to the future, we know there are so many more meaningful stories we can tell our readers and are thrilled that this partnership will give us the opportunity to be a champion for inclusion across our passionate fan communities.”

As one of the fastest growing platforms of sports and lifestyle digital properties, with more than 300 destinations focused on specific fandoms, including professional sports, college sports, lifestyle, entertainment and more, FanSided’s mission is to tell stories that have a positive impact on communities. This mission is highlighted throughout their “Why We Play” editorial series, which features Special Olympics and demonstrates the powerful impact and awareness of inclusive storytelling.

This multi-year partnership between Minute Media and Special Olympics International kicked off in Orlando, FL last month at Special Olympics 2022 USA Games where, as part of their annual company offsite, nearly 100 Minute Media and FanSided employees from around the world volunteered their time in-person at a variety of different Special Olympics events. With this partnership, FanSided and Minute Media hope to reimagine what the intersection of inclusive content between fans and industries looks like, as they prioritize creating communities that celebrate uniqueness. In its continued effort to amplify this storytelling and employee involvement globally, Minute Media will expand this partnership across their other platforms such as Mental Floss, by spreading awareness about Special Olympics. Additionally, Minute Media plans to continue supporting Special Olympics through digital and social content, media placements and employee participation in other international markets where both organizations have a presence.

“At Minute Media we know it is our responsibility to use our editorial voice and platforms to create the change we’d like to see in the world. Storytelling is our toolbox and it’s been an honor to help tell the inspiring stories of Special Olympics athletes. We look forward to expanding our partnership with Special Olympics within new markets and across new platforms,” said Asaf Peled, Founder and CEO of Minute Media.

Video: https://www.youtube.com/watch?v=gIwJ4Fd7iLU

“I’m thrilled to welcome Minute Media and FanSided as partners in advocating for inclusion and building positive attitudes about athletes with intellectual disabilities through their dedication to inclusive programming worldwide,” said Mary Davis, Special Olympics CEO. “On behalf of the Special Olympics global family I want to thank Asaf Peled and his amazing team for their continued support and dedication to embracing a truly unified approach in storytelling. Their commitment to transforming the lives of people with intellectual disabilities through the stories they have told and will continue to tell is testament to their principles and ethos as an organization.”  

About Minute Media:
Minute Media is a leading technology and digital content company. Our proprietary video and multimedia publishing platform, Voltax, powers the creation, distribution, consumption and monetization of third party publishers and advertisers as well as our own sports and culture content brands, including The Players’ Tribune, FanSided, 90min, DBLTAP, Mental Floss and The Big Lead. As of September 2021, the company is ranked as a top three property within U.S. sports video unique viewership and U.S. sports reach according to Comscore. For more information, visit www.MinuteMedia.com.

About FanSided:
FanSided, the ultimate home of fans, is a network of 300+ localized sites custom-tailored to serve countless sports and entertainment fandoms. Our sites and their writers are the most knowledgeable and dedicated voices of the fandoms to which they belong, allowing us to transform their passions into meaningful content. FanSided is owned and operated by Minute Media, whose other destinations include The Players’ Tribune, 90min, DBLTAP, The Big Lead, and Mental Floss.

About Special Olympics:
Founded in 1968, Special Olympics is a global movement to end discrimination against people with intellectual disabilities. We foster acceptance of all people through the power of sport and programming in education, health and leadership. With more than six million athletes and Special Olympics Unified Sports® partners in over 190 countries and territories and more than one million coaches and volunteers, Special Olympics delivers more than 30 Olympic-type sports and over 100,000 Games and competitions every year.

Engage with us on: Twitter, Facebook, YouTube, Instagram, LinkedIn and our blog on Medium. Learn more at www.SpecialOlympics.org.

Special Olympics athletes compete at Special Olympics USA Games in Orlando, FL in June 2022.
Special Olympics athletes compete at Special Olympics USA Games in Orlando, FL in June 2022.

TraceLink joins AWS Partner Network


BOSTON, Aug. 16, 2022 /PRNewswire/ — TraceLink Inc., the leading digital network platform company, today announced that it has joined the Amazon Web Services (AWS) Partner Network (APN).

The company also announced that the TraceLink Supply Chain Work Management solution is now available in AWS Marketplace.

“TraceLink built Opus, the Platform for the Internet of Supply Chains (IoSC), on AWS to achieve the scalability and reliability required for end-to-end supply chain digitalization,” said Shabbir Dahod, President and CEO of TraceLink. “Supply Chain Work Management digitalizes work between trading partners. By joining APN and featuring Supply Chain Work Management, powered by Opus, in AWS Marketplace, TraceLink is allowing an even faster and easier path to digital transformation for AWS customers.”

What is TraceLink Supply Chain Work Management?

TraceLink Supply Chain Work Management is a revolutionary new way to execute supply chain management processes by digitalizing work across multiple tiers of supply chain partners. The solution allows teams to assign tasks, manage incidents, review documents, manage changes, and track progress with dashboards. As a result, exceptions are resolved faster, costs are reduced, and on-time, in-full (OTIF) delivery goals are exceeded.

Developed and hosted on the TraceLink Opus Digital Network Platform, Supply Chain Work Management lets manufacturers create digital networks with their partners, establish virtual teams, and empower those teams with the data and structured collaboration capabilities required to handle today’s supply chain challenges.

Learn more about TraceLink Supply Chain work Management in AWS Marketplace.

About TraceLink

TraceLink is the only business network creation platform for the Internet of Supply Chains™—integrated business ecosystems built with multienterprise applications on the TraceLink Opus platform. Business networks are the foundation of an end-to-end supply chain digitalization strategy that delivers customer-centric agility and resiliency leveraging the collective intelligence of an industry. The TraceLink Opus Digital Network Platform enables speed of open innovation and implementation with a partner ecosystem for no-code and low-code development of solutions and applications.

Inventec’s O-RAN convention showcases 5G smart factory applications with a supply chain alliance

TAIPEI, Aug. 8, 2022 /PRNewswire/ — Leveraging its strength in cloud infrastructure, leading server contract manufacturer Inventec (2356) continues to invest in developing 5G smart factory applications with O-RAN technology and actively collaborates with supply chain partners to continue to grow the 5G vertical ecosystem from a system integration perspective. In the O-RAN (Open Radio Access Network) Alliance’s 2022 Spring Plugfest convention held in late June in Taiwan, hosted by Auray’s Open Test and Integration Center (OTIC) and Security Lab, Inventec unveiled for the first time its plans for the Taoyuan server manufacturing plant, including “industrial environment safety,” “quality yield,” and “machine surveillance/maintenance and troubleshooting” and other critical requirements. They demonstrated how the 5G open architecture can significantly reduce the complexity of deployment and subsequent maintenance costs to address the need for sustainable upgrades in the technology of the automated smart factory and also presented the test data results of “industrial environmental safety “E-Gate”, “AI face recognition”, “fall detection”, “AR smart surveillance” and “MR Human-machine remote collaboration” through the integration from the system level to the device level.

Inventec's 5G smart factory applications at this year's O-RAN Plugfest Convention
Inventec’s 5G smart factory applications at this year’s O-RAN Plugfest Convention

In the AI computer vision application, Inventec has achieved throughput up to 800Mbps uplink and 200Mbps downlink with less than 18ms latency and 0.004% packet loss rate through 5G video transmission for E-Gate, face recognition, and fall detection, achieving the required application stability and over 90% recognition success rate. In a wireless mobile application, it has reached a 99.9% ~ 100% handover success rate in a test area of 80 meter-width when the end device is moving with velocity of  one meter per second. In the tests, Inventec also found that reliable GNSS (GPS) signals contributed significantly to the stability of 5G network quality, and that the brand of the terminal device had a much greater impact on performance stability changes in end-to-end tests than the base station.

According to Evan Chien, Senior Director of the Cloud and Communications Solution at Inventec, our participation in the “E2E service experience for Industry IoT” test at this year’s O-RAN Plugfest event signifies that Inventec already has system integration capabilities that can implement open 5G private network architectures in real world. “Inventec will continue to optimize the end-to-end solution with the test data obtained from live cases in the test, and share the successful deployment experience to more field partners through construction service, maintenance and technical consultancy.” 

Inventec is actively involved in the 5G private network market. In addition to developing its own brand base station, Inventec is also playing the role of system integrator for the first time, to integrate from information technology (IT), communication technology (CT) to operation technology (OT), with Microsoft, Altran, PTC, Intel, Qualcomm, MediaTek, CYLTEK, NexAIoT, NYCU, O’Prueba, AIMobile, Besta, ioNetworks, PowerArena, Geoforce and other eco-partners in the 5G manufacturing vertical, and promoting complete end-to-end 5G enterprise network solutions for users in the manufacturing industry through testing and validation at its own server manufacturing facility in Taoyuan.

By participating in O-RAN activities and operations, Inventec has completed assembly line level verification in the 5G smart factory field in the first half of 2022, and will provide 5G end-to-end solutions for the manufacturing industry to achieve the goal of digital transformation. In addition to O-RAN end-to-end service experience tests  in the real 5G field, Inventec plans to conduct more 5G O-RAN application integration testing plans through the 5G open lab deployment in the second half of the year to complete the integrations from lab to field, from a single device to end-to-end application, and continue to work on 5G smart factory solutions. Inventec will invite more eco-partners to participate in the integration test and join the vertical domain to move towards the new blue ocean of the 5G industry.

About Inventec
Since its founding in 1975, Inventec has grown from an early manufacturer of computers and telephones to a leading design manufacturer of notebooks, servers, and wireless communication products. With the advent of the 5G generation, Inventec will expand its capabilities in 5G private network system integration and architecture, transforming its world-class manufacturing facilities into 5G smart factories. 

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University of Technology Sydney and Microsoft collaborate to build workforce of the future

SYDNEY, Aug. 2, 2022 /PRNewswire/ — UTS and Microsoft have created a graduate certificate that addresses a massive technology skills shortage in the labour market.

Microsoft Director of Education, Australia, Tiffany Wright and UTS Deputy Vice-Chancellor (Innovation and Enterprise) Glenn Wightwick. Image supplied by Microsoft.
Microsoft Director of Education, Australia, Tiffany Wright and UTS Deputy Vice-Chancellor (Innovation and Enterprise) Glenn Wightwick. Image supplied by Microsoft.

Microsoft and the University of Technology Sydney (UTS) have announced a new course that provides students with the skills to succeed in functional consulting.

The Graduate Certificate in Business Consulting and Technology Implementation has been co-designed by Microsoft and UTS in collaboration with leading services firms Avanade, Capgemini, and EY. The course melds technology skills with human-centric skills – like creative thinking, adaptability and emotional intelligence – to fill a growing gap in the market for business and technology consultants.

Through the graduate certificate, UTS aims to produce 1,200 graduates who can deliver solutions with Microsoft Dynamics and other platforms. The course will be delivered online and take eight to ten months to complete on a part-time basis, enabling learners to work while they study.

The first global cohort of lifelong learners will begin their studies in October 2022.

Based on forecasts by International Data Corporation, spending on customer relationship management and low-code solutions is expected to grow approximately 20% year-on-year until 2024. However, businesses may face a lack of talent – to meet demand, an estimated 286,000 additional skilled technology workers are needed over the next two years, according to the Tech Council of Australia.

Tiffany Wright, Director for Education at Microsoft Australia and New Zealand: “Organisations…are looking to grasp the huge opportunity offered by business applications, but a lack of skilled workers puts this at risk. The Graduate Certificate helps provide students with real-world skills and experience that they can put to use straight away.”

Glenn Wightwick, Deputy Vice-Chancellor of Enterprise at UTS: “The Graduate Certificate… brings together the expertise of our world-class educators at UTS in the Faculty of Arts and Social Sciences and UTS Business School, the advanced technologies of Microsoft and the valuable real-world experiences of EY, Capgemini, and Avanade. We at UTS are proud to launch this course, and excited to welcome the first cohort of students in October.”

The University of Technology (UTS) is ranked in Australia for AI Research, Computer Science and Engineering. Discover more at Virtual Open Day http://www.uts.edu.au/virtualopenday.