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PR Newswire

Y Soft announces YSoft SAFEQ Cloud, a New Family of Cloud-Based Print Services

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–Cloud-based services offer IT hassle-free hosted infrastructure and a choice of print management features–

BRNO, Czech Republic and DALLAS, July 7, 2020 — Y Soft, the leading enterprise workflow solutions provider, today announced YSoft SAFEQ Cloud(TM), a new family of cloud print management and hosted infrastructure services. YSoft SAFEQ Cloud is comprised of YSoft SAFEQ CloudPro(TM) and YSoft SAFEQ Breeze(TM). The new services remove the need for locally managed print infrastructure, like servers, and dramatically reduces the cost of providing and running robust print services–all delivered by the world’s preferred print management provider. 

SAFEQ CloudPro offers robust print management features with a reserved infrastructure ideal for the enterprise. Additionally, SAFEQ CloudPro is offered with a choice of resiliency levels, Core, Ultra, and Elite, each providing increasingly higher resiliency and performance. A Custom level further enables Y Soft to meet the special infrastructure requirements on an individual customer basis, including hosting using a customer’s/partner’s own cloud provider. SAFEQ CloudPro can be used with or without a Y Soft Edge device.  

SAFEQ Breeze is designed for small and medium-sized businesses (SMBs) that do not have or do not want to hire IT staff to manage their print services. With core print management features and a shared hosted infrastructure, SAFEQ Breeze can also be used with or without a Y Soft Edge device.

Both SAFEQ CloudPro and SAFEQ Breeze securely and effortlessly manage an organization’s print infrastructure. The Y Soft Edge device offers businesses additional document security as job processing is done within the business’ own private and secure network, and only metadata travels securely to the cloud. It is also well suited for remote locations with low bandwidth or latency issues.

“Companies of every size are leveraging the cloud to help lower IT costs, reduce IT burden, and speed up their digital transformation initiatives,” said Robert Palmer, research vice president, IDC Imaging, Printing, and Document Solutions. “However, each company has different requirements, and the YSoft SAFEQ Cloud family offers businesses the versatility and flexibility needed to assist organizations no matter where they are on their cloud journey.”

“With YSoft SAFEQ CloudPro and YSoft SAFEQ Breeze, we are delivering on our mission to help businesses run smarter,” said Vaclav Muchna, Y Soft CEO and co-founder. “We significantly invested in our product development to introduce a native cloud solution that efficiently scales in the cloud as businesses’ needs grow. We will continue to add to our cloud family of services and functionalities to meet the needs of our partners and customers.
Y Soft’s future is firmly rooted in the cloud,” he added.

YSoft SAFEQ Cloud family availability
Both new cloud-based services are typically less expensive than on-premise solutions and come with a budget-friendly monthly or annual subscription. The YSoft SAFEQ Cloud family of services are hosted on Microsoft® Azure and is managed by Y Soft. Updates, maintenance, and a premium service level are included.

SAFEQ Breeze with the Y Soft Edge Device is now available as a customer beta program. Both SAFEQ Breeze (Edge enabled and non-Edge) and YSoft SAFEQ CloudPro will be generally available in Fall 2020.

Customers can learn more at (http://www.ysoft.com/cloudfamily).

About Y Soft

Y Soft develops intelligent Digital Transformation office solutions for enterprise, SMB, and Education that empower employees to be more productive and creative. Our YSoft SAFEQ® workflow solutions platform in the cloud or on-premise enables businesses to manage, optimize and secure their print and digital processes and workflows. Our 3D print solutions are focused in the Education sector where they provide unique ease of use and safety benefits, while utilizing YSoft SAFEQ software for seamless 3D print management.

Founded in 2000, the company is headquartered in Brno, Czech Republic, with offices in North and Latin America, Europe and Middle East/Africa (EMEA) and the Asia Pacific region (APAC). For more information, please visit www.ysoft.com.

Y Soft, YSoft SAFEQ, YSoft SAFEQ Cloud, YSoft SAFEQ Breeze and YSoft SAFEQ CloudPro are trademarks or registered trademarks of Y Soft Corporation a.s. in the European Union and other countries. All other names are trademarks or registered trademarks of their respective companies.

Media contacts:

Global:
Steven Knuff
Global PR and Analyst Relations
steven.knuff@ysoft.com
+1 512 810-3207

Czech Republic:
Jiri Kocourek
jiri@parco.cz
+420 775 630 41

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PR Newswire

Infoblox Appoints George Chang as Vice President of Sales to Accelerate Growth in the Asia-Pacific Region

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The company doubles down on senior hires in the region to drive customer growth

SINGAPORE, July 6, 2020 — Infoblox Inc., the leader in Secure Cloud-Managed Network Services, today announced the appointment of George Chang as Vice President of Sales for its Asia-Pacific and Japan (APJ) region, which follows the appointment of Matthew Hanmer as country manager and regional director for Australia and New Zealand. Based in Singapore, Chang will lead go-to-market strategies that bolster Infoblox’s continued growth in APJ. 

George Chang, Vice President of APJ Sales, Infoblox
George Chang, Vice President of APJ Sales, Infoblox

Chang’s hiring demonstrates Infoblox’s commitment to expanding its regional footprint. He brings over 30 years of experience in international executive management across the technology and cybersecurity industries. He joins Infoblox after serving as an advisor to the board and senior partner at Axcelerate Consulting Group and as Vice President of Sales at Forcepoint in the Asia-Pacific region. 

“Financial services, government, telecommunications, and education have fueled our growth in APJ as they embraced digital transformation, which continues to drive demand for our cloud-managed networking and security solutions,” said Cherif Sleiman, Senior Vice President of International Business at Infoblox. “George brings decades of experience helping customers in these sectors navigate the challenges of an increasingly complex technology landscape.”

“Enterprise infrastructure is going hybrid and multi-cloud with more remote devices connecting to the corporate network than ever before,” said Chang. “Businesses that seek to take advantage of the benefits of digital transformation will need solutions that work for them now and in the future. I am excited to be joining Infoblox, the leader in next-level networking, to help customers build borderless organizations with enhanced security, reliability, and automation.” 

About Infoblox
Infoblox delivers the next level network experience with its Secure Cloud-Managed Network Services. As the pioneer in providing the world’s most reliable, secure and automated networks, we are relentless in our pursuit of next level network simplicity. A recognized industry leader, Infoblox has more than 50 percent market share in the DDI networking market and more than 8,000 customers, including 350 of the Fortune 500. Learn more at https://www.infoblox.com.

Media Contact:
Lise Feng
lise@infoblox.com

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Co-writing the new digital economy chapter in 5G era concludes the China Unicom’s 2020 International Partners Meeting

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HONG KONG, July 3, 2020 — Over 600 global partners participated in China Unicom’s 15th International Partners Meeting online under the theme “Thrive in Unity. Connect the Future” that explored different ways to leverage the digital economy – the unique ecosystem for building a global collaborative platform under the pandemic.

China Unicom vice president He Biao delivered his keynote speech “Accelerate the full digital transformation for the win-win 5G era” in China Unicom’s 15th International Partners Meeting.
China Unicom vice president He Biao delivered his keynote speech “Accelerate the full digital transformation for the win-win 5G era” in China Unicom’s 15th International Partners Meeting.

Focus on innovative cooperation for 5G digital transformation

China Unicom introduced to its global partners that its journey to full digital transformation and its determination for a win-win co-operation under the threat of COVID-19 around the world. The outbreak has accelerated the digitalization of corporate services and online personal consumption, which brought challenges and opportunities for the telecommunication industry transformation.

In his keynote speech “Accelerate the full digital transformation for the win-win 5G era”, China Unicom vice president He Biao said the company’s innovative eco-system offered a unique advantage to help customers achieve their success. He stressed the company’s 5G focus would continue to open the door for 5G application and deeper collaboration among partners that will benefit thousands different industries.

Leveraging on the position of customer trustworthy international information service value creator, He Biao said China Unicom is committed to providing continuous high quality end-to-end integrated services to its global customers. China Unicom currently has 32 branches outside China and over 300 international telecom operators with a long-term partnership, serving over 3,000 multinational corporates, thanks to its “going out” and “bringing in” growth strategy.

At the same time, China Unicom also presented an online awards to its 28 partners for their long-term support.

Introducing multiple killer apps that benefit thousands different industries

In response to the changing societal needs, China Unicom proactively led the revolution by building an online, intelligent, cloud-enabled service network. In the conference, China Unicom showcased the customer highly-recognized smart city big data tools, cloud-based video conferencing for corporate and individual, AI facial recognition, robotics and other applications.

For the commitment of smart city and data analysis, China Unicom and partners can conduct big data analysis to support the government and corporate decision and to enhance its efficiency and accuracy under the emergency situation.

With the network of global partnership that covers over 190 countries, China Unicom is capable of providing safe and high-quality global video communication solutions tailored-made for telecommunication, conferencing, training and emergency command for higher efficiency.

At the same time, China Unicom demonstrated the AI facial recognition and the application of robotics under the pandemic. Equipped with enhanced algorithm, the AI system replaced the traditional manual test for which it can recognize whether an individual with mask had abnormal temperature, as the AI system is embedded with a deep learning system. It enables auto petrol and examination under different scenarios to assist the preventive epidemic measures.

Optimizing global network resources for product enhancement

In the conference, China Unicom demonstrated its high-quality network resources, Internet of Things, cloud-based smart network solutions that covers the globe for 24/7.

Based on its extensive and rich undersea cable resources, China Unicom provides its global partners and multinational corporates a professional and high-quality network service with a competitive cross-border product in a faster and more comprehensive global footprint.

The Product of the year is China Unicom cloud-based network. As a high-quality MPLS-VPN provider, it provides highly-efficient and stable interconnection network that sufficiently protect the customer distribution network. To date, this product covers over 70 interconnection spots in China and over 30 spots outside China via 41 PoPs located outside China for its global customers.

At the same time, China Unicom showed its global connectivity especially in its Asia Pacific capability via global partnership, integration of network resources, standardization of fee and procedures for a unified global internet of things structure. Its 7×24 global team and brand-new safety operating centre provide non-stop network continuity and protection for global customers.

In the digital era, China Unicom will join hands with its global partners to build an open and co-sharing intelligent ecosystem that will thrive in unity and connect the future.

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PR Newswire

Nitin Gadkari Inaugurates VVDN’s Global Innovation Park (Technology Innovation, Engineering and Manufacturing Hub) at Manesar in India; PM Narendra Modi Sent his Best Wishes

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GURUGRAM, India, July 2, 2020 — The Hon’ble Union Minister, Shri Nitin Gadkari today inaugurated VVDN Technologies new Global Innovation Park (GIP)– engineering and manufacturing facility- in Manesar, Haryana, India, via video conferencing.

VVDN Technologies Global Innovation park Inauguration
VVDN Technologies Global Innovation park Inauguration

“It is an achievement for Government of India’s vision for an ‘Atamanirbhar Bharat’ when Indian Tech companies like VVDN take on the challenge of Designing and Manufacturing high-tech electronic products and components in India and set their eyes for global success,” said Hon’ble Minister while inaugurating the VVDN’s Global Innovation Park (GIP) Facility via video conference.

Stating VVDN as a success story, Minister highlighted the need for Import substitution, Cost effective, pollution free, Indigenous product manufacturing in India. He added that VVDN’s Global Innovation Park, where under one roof all facilities of International standard designing, testing laboratories and production basis international standards will be done is futuristic and the way forward.

Spread across 10 Acres, VVDN’s Global Innovation Park (GIP) is marked with R&D and Electronic Manufacturing Facility. It is one-of-its-kind of facilities in India which has the capacity to accommodate 1,00,000 people over the next three years. VVDN Technologies was founded in 2007, with an aim to provide excellent engineering and manufacturing services to its customers. Since then company has been working on next generation technology innovation and have set up R&D centers across India as well as best in class manufacturing facilities in Manesar. With the new GIP facility, VVDN will have a multifold increase in its current capacity for electronic product engineering and manufacturing for a wide range of innovative versatile solutions including 5G Equipment, Trackers, Dashcams, Cameras, Wi-Fi Access Points.

PM Narendra Modi congratulated VVDN Team and sent a letter with his best wishes.

VVDN’s CEO Bhupender Saharan said, “The inauguration of GIP is an important milestone in the company’s ongoing efforts to help India emerge as a hub of engineering innovation excellence and robust manufacturing. This Global Innovation Park, along with 10 other R&D centers, 4 manufacturing facilities across the country, will help us to continuously innovate on the latest technologies especially in the 5G, Wifi, Cloud, Vision IoT space. Having put down our roots so strongly in India, VVDN now is at a place where we would be able to scale up our deliveries for our domestic and global customers.  This aligns with the company’s effort to increase the employment in India and eventually contributing in providing a positive impact on the economy of our country.”

The company’s founding team Bhupender Saharan, Puneet Agarwal, Vivek Bansal and Murali Jayraman expressed gratitude towards Honorable PM, Sri Narender Modi for recognizing VVDN’s efforts and sending his wishes to us. They also thanked Sri Nitin Gadkari for inaugurating the GIP and being present with the VVDN Team during the proud moment.

VVDN Technologies has always been the promoter of Electronics Products ‘Design and Make in India‘. The company also announced that it would hire more than 10,000 employees in the next 12 months as a part of its ongoing commitment to accelerate the pace of technology innovation, design and manufacturing in India initiative for Electronics industry. During the Covid-19 lockdown timeframe, VVDN has successfully hired and on-boarded 500 employees across India.

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PR Newswire

Neusoft Ranks Top in China Healthcare IT Solutions Market for Ten Consecutive Years

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SHENYANG, China, July 2, 2020 — Recently, International Data Corporation (IDC) has released the China Market Shares of Core Hospital Management Systems 2019: Upgrading Core Systems to Support Healthcare Digital Transformation. According to this report, Neusoft took the first place in China core hospital management systems solutions market in 2019 and topped the ranking of China healthcare IT solutions market for the tenth consecutive year, continuing leading the healthcare informatization construction in China.

In the healthcare informatization sector, Neusoft is a leading provider of intelligent healthcare integrated solutions in China. With the largest client base in the industry in China as well as the best practices in various sub-sectors, Neusoft is striving to facilitate the rapid development of healthcare informatization and promoting China’s healthcare system reform. Neusoft is also the first large provider to have launched core hospital management systems, with leading market shares as well as advanced concepts and products.

With over two decades’ devotion to the healthcare sector, Neusoft consistently commits itself to utilizing information technologies to promote the harmonious development of the healthcare ecosystem. Nowadays, Neusoft’s healthcare business has covered hospital informatization, health insurances, medical equipment, cloud hospitals, medical big data and intelligence, health and medical education, medical IoT and 5G, etc., and Neusoft has built a sustainable IT-centric ecosystem.

In the future, Neusoft will continue to empower the healthcare industry through software. Neusoft will keep promoting the integration of information technology and the healthcare, make the new technologies like artificial intelligence, blockchain, cloud computing, big data, internet of things become new medical elements, and build a sustainable healthcare ecosystem for creating more value for the society, industry and clients.

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PR Newswire

Cloud4C, World’s Leading Cloud Managed Services Provider Launches its Operations in South Korea

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SEOUL, South Korea, July 2, 2020 — Cloud4C, the world’s leading cloud Managed Services announced launch of its operations in South Korea. Cloud4C delivers a broad array of services including cloud migration to hyperscalers, hybrid cloud, cloud managed services, IT modernization services, disaster recovery services and managed security services among others. The company serves 60 of the Fortune 500 Global Multinationals and has presence in 25 countries and 50 locations.

Cloud4C, World’s leading Cloud Managed Services Provider, launched its South Korean Operations
Cloud4C, World’s leading Cloud Managed Services Provider, launched its South Korean Operations

Businesses in South Korea who are looking to embark on digital transformation or IT modernization journey will benefit immensely from Cloud4C service portfolio. Cloud4C is cloud managed services provider with key strategic partnerships with SAP, AWS, Microsoft Azure, Google Cloud Platform, while it brings its own public cloud platform. It has helped SAP launch its SAP HANA Enterprise Cloud across 25 countries and serves world renowned global brands.

Sridhar Pinnapureddy, Founder and CEO, Cloud4C said, "We are delighted to launch our operations in South Korea which is world’s 12th largest economy with a unique geographic position and pursues business-friendly policies with tremendous potential for growth. We plan to enable businesses in South Korea through our wide spectrum of services to help them address their critical business needs through differentiated offerings such as banking community cloud, SAP community cloud, cloud migration services to hyperscale cloud providers and cloud managed services." He further added, "We bring to South Korea our experience of working with 4,000 enterprises from across the world to help CIOs embark on their digital transformation and help them achieve their technology and business goals. We plan to partner with South Korean CIOs to help them play a larger role in evolving their IT strategies and establish digital Leadership."

Cloud4C plans to set up Cloud4C Academy in South Korea in partnership with the Government and leading IT Universities to train and nurture local talents with adequate industry exposure. "We aim to train the youth in South Korea and prepare them for a bright future in cloud computing to help them gain employment and eventually assume leadership roles in the industry," said Sridhar Pinnapureddy.

The company has recently appointed Peter Seo, Country Head and Vice President, he will be based out of Seoul and provide leadership and growth direction to the organization.

Peter Seo said, "Leveraging the existing alliances as Premium Supplier of SAP HANA Enterprise Cloud, we aim to be the number one SAP partner in the region. As an Azure Expert MSP, Advanced Consulting partner of AWS, Managed services partner of GCP and OCI, we have the groundwork to build a collaborative ecosystem to deliver stellar business outcomes for organization in South Korea, China and Japan looking to modernize their IT environment."

About Cloud4C

Cloud4C is the World’s leading Cloud Managed Services Provider serving 4,000 customers in 25 Countries and 50 locations including 60 of the Fortune 500 Global Multinationals. The company provides cloud (public, private, hybrid) and community cloud services (Banking Community Cloud, SAP Community Cloud), cloud migration on hyperscalers such as AWS, Microsoft Azure, Google Cloud, end to end cloud managed services, disaster recovery services, managed security services.

The company plans to expand its geographical footprint to 80 countries and 160 locations worldwide in the next 36 to 48 months.

www.cloud4c.com

Media Contact:
B.S.Rao
Vice President and Global Head (PR and Communications)
bsrao@cloud4c.com 

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PR Newswire

Enea Signs Traffic Management Contract Worth USD 1.3 Million

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STOCKHOLM, July 2, 2020 — Enea has signed a five-year contract for deployment of a Traffic Management platform and related software modules for acceleration and optimization with a local telecom service provider in Egypt. The minimum contract value is USD 1.3 million.

The contract includes a defined number of initial software licenses and associated services, such as integration, support, and maintenance. Software license and integration service revenues are recognized during the platform deployment project which is scheduled to occur during Q3 2020-Q1 2021. The customer has the option to purchase additional licenses in accordance with network traffic usage. Support and maintenance revenues will be recognized during the full contract period.

Enea is a market leader supporting mobile operators around the world in managing wireless network traffic more efficiently (lower total cost of ownership), and effectively (faster network speeds). The Enea Openwave Traffic Management solutions alleviate radio access network (RAN) congestion and maximize customer quality of experience.

"Traffic management technology helps customers handle increasing traffic and improve quality-of-experience for end users", says Jan Häglund, President and CEO of Enea. "The new contract confirms our position as market leader."   

This information is information that Enea AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set below, on July 1, 2020 at 21:00 CEST.

For more information contact:

Jan Häglund, President and CEO
E-mail: jan.haglund@enea.com

Lotta Trulsson, Executive Assistant
E-mail: lotta.trulsson@enea.com
Phone: +46 8 507 140 00

About Enea

Enea is a world-leading supplier of innovative software components for telecommunications and cybersecurity. Focus areas are cloud-native, 5G-ready products for mobile core, network virtualization, and traffic intelligence. More than 3 billion people rely on Enea technologies in their daily lives. Enea is listed on Nasdaq Stockholm. For more information: www.enea.com.   

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Palma Ceia SemiDesign Announces Sampling for PCS11ax28, New 802.11ax Transceiver

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SANTA CLARA, California, June 29, 2020 —  Palma Ceia SemiDesign, a fabless semiconductor company specializing in semiconductor chips and IP for next-generation wireless connectivity, today announced the PCS11ax28, its new chip for the 802.11ax Wi-Fi standard, is now available for customer sampling.

“We are very excited at the test outcomes for the PCS11ax28, our new 802.11ax transceiver – initial testing all came back with positive results,” said James Flowers, chief operating officer of Palma Ceia SemiDesign. “The advanced feature set of the PCS11ax28 is designed to support the ever-expanding universe of applications for the Internet of Things and our customers’ accelerating initiatives. Sample supply is initially limited due to greater than expected customer demand and we are working with our global partners to expand supply.”

The 802.11ax standard, also known as Wi-Fi 6, is the newest version of the 802.11 standard for wireless network transmissions commonly referred to as Wi-Fi. It offers greater maximum data rates than earlier standards, as well as higher network capacity to support greater numbers of IoT devices. Wi-Fi 6 is backward-compatible with the previous version of the Wi-Fi standard, 802.11ac.

Highlights of the new Wi-Fi 6 chip from Palma Ceia SemiDesign include:

  • Currently available in 1×1 MIMO configuration. Availability of 2X2 and 4X4 configurations is expected to begin Q3 2020
  • Supports Wi-Fi 6 channel bandwidths 20 MHz, 40MHz and 80MHz.
  • Supports all Wi-Fi 6 modulations up to 1024-QAM.
  • Analog I/O out can enable Bluetooth over 2.4 GHz channel.
  • Extremely low power consumption, with peak RX power consumption of only 195mW for the 1×1 configuration.
  • Based on high-performance 28-nm HPC technology

Requests for additional information and sample requests for the PCS11ax28 from Palma Ceia SemiDesign can be made via the Palma Ceia SemiDesign website or by email to wifi-for-iot@pcsemi.com.

About Palma Ceia SemiDesign

Palma Ceia SemiDesign (PCS) is a fabless semiconductor company and leading provider of communication chips and IP for next-generation Wi-Fi and cellular applications. With a focus on emerging Wi-Fi and LTE standards, PCS targets the design of ICs for broadband, wireless, medical and automotive applications. Palma Ceia SemiDesign solutions are differentiated by low-power, high-performance and ease of integration. With operational headquarters in Hong Kong, the company has design centers in Cambridge (United Kingdom), Hong Kong, and McKinney, Texas (United States). Additional sales and support activities are located in mainland China, Israel, Japan, Korea, and Taiwan. Visit Palma Ceia SemiDesign on the web at www.pcsemi.com.

Palma Ceia SemiDesign and the Palma Ceia SemiDesign logo are trademarks of Palma Ceia SemiDesign, a Cayman Islands corporation, and are protected by trademark laws of the United States and other jurisdictions. All other product and company names are trademarks or registered trademarks of their respective companies.

Palma Ceia SemiDesign Media Contact
John Molyneux
press@pcsemi.com

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LTI to Launch Accelerated Migration Program for SAP-Based Enterprises With Amazon Web Services

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MUMBAI, India, June 23, 2020 — Larsen & Toubro Infotech (BSE code: 540005) (NSE: LTI), a global technology consulting and digital solutions company, today announced an Accelerated Migration Program for customers of SAP with Amazon Web Services (AWS). As part of this program, LTI will help customers move their SAP® ERP, SAP S/4HANA®, and other SAP workloads from on-premise to AWS leveraging its intelligent, automated, migration acceleration platform and services.

To enable faster migration to AWS, the program offers Discovery Module, Build and Deployment Module, and Validation Module to enterprises across industry segments. The Add-on components of the program include an SAP profiler, analyzer for SAP S/4HANA, Auto-code remediation for SAP HANA® compliance, Security Module and Smart Testing module with a vast repository of test scenarios and test cases.

“LTI has a successful track record of enabling AWS cloud transformations across highly complex SAP customer landscapes,” said Siddharth Bohra, Chief Business Officer, Tech, Media, Consumer & Head of Digital and Analytics, LTI. “Working with AWS will help us digitize the core and bring this expertise to other SAP clients, leveraging our highly automated approach.”

LTI has achieved AWS SAP Competency status which establishes LTI as an Advanced Consulting Partner in the AWS Partner Network (APN) with certified technical proficiency and proven customer implementation success in migrating SAP environments to AWS. 

The Accelerated Migration expertise reflects the highest standards of LTI’s depth of knowledge in the functional and technical aspects of AWS cloud migration for SAP solutions. LTI itself is a very large and long-standing SAP customer and has migrated its internal SAP systems to AWS.

As an SAP customer, an AWS SAP Competency Partner, and global strategic services partner with SAP, LTI is positioned to be an ideal partner for any SAP customer migrating to AWS. LTI’s Accelerated Migration Program for SAP solutions speedily migrates and transforms SAP-based enterprises by lowering infrastructure costs while simultaneously improving agility, customer experience, and innovation.  

In October 2019, LTI acquired Powerup Technologies, an APN Premier Consulting Partner, bolstering its cloud consulting and digital transformation capabilities. LTI recently won the 2020 SAP Pinnacle Award as Industry Innovation Partner of the Year.

About LTI

LTI (NSE: LTI) is a global technology consulting and digital solutions company helping more than 420 clients succeed in a converging world. With operations in 32 countries, we go the extra mile for our clients and accelerate their digital transformation with LTI’s Mosaic platform enabling their mobile, social, analytics, IoT and cloud journeys. Founded in 1997 as a subsidiary of Larsen & Toubro Limited, our unique heritage gives us unrivalled real-world expertise to solve the most complex challenges of enterprises across all industries. Each day, our team of more than 30,000 LTItes enable our clients to improve the effectiveness of their business and technology operations and deliver value to their customers, employees and shareholders. Find more at http://www.Lntinfotech.com or follow us at @LTI_Global

Connect with LTI:

SAP and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP SE in Germany and other countries. Please see https://www.sap.com/copyright for additional trademark information and notices. All other product and service names mentioned are the trademarks of their respective companies.

SAP Forward-looking Statement

Any statements contained in this document that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as “anticipate,” “believe,” “estimate,” “expect,” “forecast,” “intend,” “may,” “plan,” “project,” “predict,” “should” and “will” and similar expressions as they relate to SAP are intended to identify such forward-looking statements. SAP undertakes no obligation to publicly update or revise any forward-looking statements. All forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from expectations. The factors that could affect SAP’s future financial results are discussed more fully in SAP’s filings with the U.S. Securities and Exchange Commission (“SEC”), including SAP’s most recent Annual Report on Form 20-F filed with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates.

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Swiss Re Corporate Solutions announces collaboration with LocalTapiola to deliver International Programme Administration (IPA) platform and Network Services

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  • The IPA platform allows LocalTapiola to manage structured and compliant international programmes
  • LocalTapiola will gain access to Swiss Re Corporate Solutions’ network of over 150 local offices and network partners
  • Property customers of LocalTapiola to benefit from ONE Form, a globally standardised property policy
  • Collaboration supports LocalTapiola’s desire to grow its corporate business book and ability to serve clients abroad

ZURICH, June 19, 2020 — Swiss Re Corporate Solutions announces a strategic agreement to bring LocalTapiola onto its International Programme Administration (IPA) platform. Additionally, the agreement gives the Finnish insurer access to Swiss Re Corporate Solutions’ network of over 150 local offices and network partners. The collaboration supports LocalTapiola’s ambitions to grow its corporate business book by competing as lead for international programme business.

Swiss Re Corporate Solutions’ state-of-the-art IPA platform software enables LocalTapiola to manage and deliver structured and compliant multinational programmes to its corporate customers. IPA allows for efficient policy issuance, information management and knowledge exchange from a single online platform.

LocalTapiola will also use ONE Form, Swiss Re Corporate Solutions’ globally standardised property policy. ONE Form is embedded in the IPA platform, thus automating local policy issuance. As a result, LocalTapiola’s corporate customers will benefit from higher policy accuracy, increased contract certainty and faster processes.

This collaboration builds on the existing business relationship between LocalTapiola and the Swiss Re Group.

“Our collaboration with LocalTapiola marks a new milestone on our journey to advance the insurance industry,” stated Andreas Berger, CEO Swiss Re Corporate Solutions. “Enabling other insurers – and their customers – to benefit from our digital International Programme Administration platform underlines our ambition to simplify complex international programme delivery through technology.”

Jari Sundström, Managing Director at LocalTapiola General Mutual Insurance Company, said: “Together with Swiss Re Corporate Solutions, we are able to offer for our corporate clients a reliable way to have accurate and compliant insurance policies reflecting the needs of over 150 international markets through a single point of contact.”

With IPA, Swiss Re Corporate Solutions offers insurers, brokers and broker networks an innovative Software-as-a-Service (SaaS) platform to support international programme structuring. In October 2019, the company entered its first collaboration with the global broker network Brokerslink. Swiss Re Corporate Solutions will continue to develop the IPA platform as an open market standard.

About Swiss Re Corporate Solutions
Swiss Re Corporate Solutions provides risk transfer solutions to large and mid-sized corporations around the world. Its innovative, highly customised products and standard insurance covers help to make businesses more resilient, while its industry-leading claims service provides additional peace of mind. Swiss Re Corporate Solutions serves clients from offices worldwide and is backed by the financial strength of the Swiss Re Group. For more information about Swiss Re Corporate Solutions, visit corporatesolutions.swissre.com or follow us on LinkedIn and Twitter.

About LocalTapiola
LocalTapiola Group is a mutual group of companies owned by its customers. LocalTapiola is a partner in lifelong security for its customers. Group offering features an increasing variety of forecasting, security and well-being solutions that make the everyday life of Finns safer, more successful financially and healthier. LocalTapiola serves private customers, entrepreneurs, corporate customers, farmers and organisations. LocalTapiola’s products and services cover non-life, life and pension insurance, as well as investment and saving services. We are also professionals in corporate risk management and welfare in the workplace. LocalTapiola’s network of regional companies consists of 20 regional mutual insurance companies.

Related Links : http://www.corporatesolutions.swissre.com