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PR Newswire

HGS launches its AI Hub in Manila to boost digital experience for clients

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MANILA, Philippines and SYDNEY, Oct. 18, 2024 /PRNewswire/ — Hinduja Global Solutions (HGS) (listed on BSE & NSE), a leading provider of solutions in digital experience, business process management (BPM) and digital media services, today launched a state-of-the-art ‘HGS AI Hub’ in Manila, Philippines to boost digital experience for its clients. This hub will serve as an interactive space where clients, partners, and employees can leverage advanced technologies to co-create digital solutions.

The HGS AI Hub is a unique facility in the Philippines, offering an immersive experience with digital technologies such as automation, analytics, AI, virtual reality, visual AI, and speech AI, all under one roof. Clients can interact with various technologies in real-time, providing an ideal setting for leveraging design thinking techniques to reimagine customer experience and develop practical solutions.

The HGS AI Hub was inaugurated by distinguished dignitaries, including His Excellency Harsh Kumar Jain, Ambassador of India to the Republic of Philippines; Partha DeSarkar, Group CEO – HGS; Pushkar Misra, President and CEO – HGS APAC; Mon Ibrahim, Executive Member National Innovation Council Philippines, and other senior HGS leaders.

His Excellency, Harsh Kumar Jain, Ambassador of India to the Republic of Philippines added, “I’m delighted to attend the inauguration of the HGS AI Hub in Manila – a testament to the city’s growing global business prominence. HGS has been a major contributor to the Philippines’ BPO industry providing jobs as well as driving innovation. Manila’s vibrant energy and talent pool make it the ideal location for HGS’ success. I commend them for their dedication to fostering positive impact on the business landscape by leveraging technology solutions.”

Pushkar Misra, President & CEO, HGS APAC, said, “Innovation is more than just a new idea; it’s the courage to challenge the status quo and the drive to find better ways of doing things. Our AI Hub in Manila is a testament to this commitment. With this hub, we aim to bring together the best people from across HGS to develop innovative solutions that champion every moment for our clients. The hub is fully equipped to offer technology-led solutions that meet current needs and pave the way for future customer experience journeys.”

The hub will showcase platforms such as HGS Agent X, Computer Vision, Speech and Text Analytics, Robotic Automation, and web development capabilities, along with leading-edge partner products.

About Hinduja Global Solutions (HGS):

A global leader in optimizing the customer experience lifecycle, digital transformation, business process management, and digital media ecosystem, HGS is helping its clients become more competitive every day. HGS’ core BPM business combines automation, analytics, and artificial intelligence with deep domain expertise focusing on digital customer experiences, back-office processing, contact centers, and HRO solutions. HGS’ digital media business, NXTDIGITAL (www.nxtdigital.in), is India’s premier integrated Digital Delivery Platforms Company delivering services via satellite, digital cable and broadband to over 6 million customers across 1,500 cities and towns.

Part of the multi-billion-dollar conglomerate Hinduja Group, HGS takes a “globally local” approach. HGS has 18,036 employees in nine countries, including 32 delivery centers, making a difference to some of the world’s leading brands across verticals. For the year ended March 31, 2024, HGS had total income of Rs. 5,087.8 crore (US$ 614.5 million). Visit https://hgs.cx to learn how HGS transforms customer experiences and builds businesses for the future.

HGS AI Hub in Manila, Philippines was inaugurated today by distinguished dignitaries, including His Excellency Harsh Kumar Jain, Ambassador of India to the Republic of Philippines (center right);Mon Ibrahim, Executive Member - National Innovation Council Philippines (center left); Partha DeSarkar, Group CEO – HGS; Pushkar Misra, President and CEO - HGS APAC; and other senior HGS leaders.
HGS AI Hub in Manila, Philippines was inaugurated today by distinguished dignitaries, including His Excellency Harsh Kumar Jain, Ambassador of India to the Republic of Philippines (center right);Mon Ibrahim, Executive Member – National Innovation Council Philippines (center left); Partha DeSarkar, Group CEO – HGS; Pushkar Misra, President and CEO – HGS APAC; and other senior HGS leaders.
PR Newswire

2023 Global Business and Law Conference held in Beijing

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BEIJING, Sept. 24, 2023 /PRNewswire/ — The 2023 Global Business and Law Conference was held in Beijing on the evening of September 22. At the opening ceremony, former Canadian Prime Minister Jean Chrétien, and WTO Deputy Director-General Zhang Xiangchen delivered video messages. Wang Binying, WIPO Deputy Director-General; Shoichi Okuyama, President of the AIPPI; and Marcelo Vazquez-Bermudez, First Vice-President of the International Law Commission (ILC), delivered speeches at the venue.

Ren Hongbin, CCPIT President, presided over the opening ceremony and issued Beijing Declaration of the Global Business and Law Conference on behalf of participants. The Declaration features: safeguarding the multilateral trading system and advancing the global governance reform; strengthening the role of the rule of law and stimulating enterprise innovation; deepening international exchanges on rule of law and fostering global business cooperation; improving international economic and trade rules and optimizing business environment; gathering global forces to achieve common prosperity.

At the main forum, Tao Kaiyuan, Vice President of the Supreme People’s Court; Zhang Mingqi, Vice President and Secretary-General of China Law Society; Wu Pengyi, Permanent Secretary of Singapore’s Ministry of Law and Second Permanent Secretary of the Ministry of Foreign Affairs; John Denton, Secretary-General of the International Chamber of Commerce (video), and Teresa Cheng Yeuk-wah, former Hong Kong Justice Secretary, delivered keynote speeches. Yu Jianlong, Vice President of CCPIT, presided over the forum. Huang Jin, President of the Chinese Society of International Law; Stephan Wernicke, Chief Legal Officer of the Association of German Chambers of Industry and Commerce; Sheng Leiming, Vice President of All China Lawyers Association; Zhang Jinwei, Vice President of Alibaba Group; and C.M. Chan, President of the Law Society of Hong Kong, entered into discussions around the theme to promote the construction of an open world economy.

Approximately 500 people attended offline, including representatives of international organizations such as the WTO, the WIPO, the ILC, and the AIPPI, representatives of government departments of Canada, Germany, Singapore, representatives of envoys in China, Chinese and foreign legal service organizations, business associations, and enterprises, and local and industry trade promotion associations. Representatives from over 30 countries, including Egypt, Thailand, India, Japan, Turkey, Switzerland, Germany, Denmark, Britian, France, Belgium, Italy, and the U.S., attended online.

Three parallel forums themed “strengthening law-based protection for innovative development”, “leveraging rule of law to foster business cooperation” and “improving international rule of law and leading the change of the times” will be held on September 23.

PR Newswire

Locus Unveils ‘ShipFlex’ To Equip Businesses With Flexible & Intelligent Third-Party Delivery

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ShipFlex brings same-day & next-day delivery to enterprises through a simple integration, helping them optimize third-party delivery from order to doorstep.

SAN FRANCISCO, March 21, 2023 /PRNewswire/ — Locus, a global last-mile logistics technology company, announced the launch of ShipFlex, a third-party delivery platform that provides businesses with the flexibility to fully outsource their deliveries to a wide range of delivery carriers. ShipFlex helps businesses expand their reach and achieve break-neck delivery speeds, enabling them to offer same-day and next-day delivery capabilities in new geographies.

Inefficient carrier selection, capacity management, lack of real-time order visibility, etc., are some barriers that can hamper a business’s ability to make quick deliveries. Locus ShipFlex addresses these complexities by automating entire carrier workflows for the optimal price and delivering end-to-end visibility of order-to-doorstep deliveries across in-house, contracted, and outsourced fleets on a single dashboard. The platform also gives businesses access to Locus’ global carrier partners, such as FedEx, RPX Logistics, Loomis Express, Shadowfax, SPL, etc., helping them with their delivery orchestration in an efficient and cost-effective manner.

“ShipFlex is a result of our years of logistics industry experience and customer feedback. Through the integration with our dispatch management platform, ShipFlex will solve industry pain points by streamlining the entire last-mile fulfillment cycle by reducing costs and improving customer experience. ShipFlex is a game-changer for businesses that need fast, predictable deliveries to stay competitive,” said Nishith Rastogi, Founder and CEO of Locus.

Retail businesses like Lulu Group International are adopting Locus ShipFlex to achieve a competitive edge. Here’s what they have to say:

“As customer demand skyrockets, the complexity of managing our carrier network has proven to be a huge optimization opportunity. With Locus’ ShipFlex, we can streamline third-party deliveries with rich carrier integrations, real-time tracking, and more on a single dashboard. This has enabled us to take full control of our third-party order-to-delivery process, operate more efficiently, and ensure timely deliveries, resulting in an enhanced customer experience,” said Shinhas Majeed, Group General Manager – eCommerce at Lulu Group International.

By deploying ShipFlex, businesses can also:

  • Offer same-day and next-day deliveries in the local area.
  • Maintain a branded experience with third-party carriers through customizable end customer-facing tracking pages while maintaining a consistent visibility and delivery experience through 3PLs.
  • Enhanced post-purchase experience through automated SMS and email alerts to notify dispatch teams and customers of SLA breaches in real-time.

For more information, visit Locus ShipFlex.

About Locus

Locus’ order-to-delivery dispatch management software helps enterprises transform their Last-Mile logistics from cost centers to revenue generators through advanced optimization algorithms and intuitive workflow automation. Backed by GIC Singapore, Tiger Global, Qualcomm Ventures, and Falcon Edge, it has helped many global customers across industries – Unilever, Nestle, Bukalapak, The Tata Group, BlueDart, etc. – execute 850+ million deliveries across 30+ countries. Its technology has helped save $275 million in transit costs and offset 10 million kilograms in CO2 emissions while maintaining a 99.5% SLA adherence ratio.

PR Newswire

KellyOCG earns recognition as a John Deere “Partner-level Supplier”

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MOLINE, Ill., Jan. 26, 2023 /PRNewswire/ — KellyOCG, the outsourcing and consulting business of Kelly, has earned recognition as a Partner-level supplier for 2022 in the John Deere Achieving Excellence Program. The Partner-level status is Deere & Company’s highest supplier rating. The Troy, Mich.-based company was selected for the honor in recognition of its dedication to providing products and service of outstanding quality as well as its commitment to continuous improvement. Company employees accepted the recognition during a virtual ceremony held on January 25, 2022.

KellyOCG is a supplier of Managed Service Provider (MSP) and Recruitment Process Outsourcing (RPO) solutions to John Deere’s operation in the US and Canada.

Suppliers who participate in the Achieving Excellence program are evaluated annually in several key performance categories, including quality, cost management, delivery, technical support and wavelength, which is a measure of responsiveness. John Deere Supply Management created the program in 1991 to provide a supplier evaluation and feedback process that promotes continuous improvement.

About KellyOCG®

KellyOCG connects companies with the talented people they need to fuel and grow their business through our unrivalled global talent supply chain and leading workforce solutions including Managed Service Provider (MSP) and Recruitment Process Outsourcing (RPO). We combine decades of people industry experience with proprietary insights and a continued focus on technology to produce world-class programs that meet an organization’s unique workforce needs and can start them on their journey to total talent management. Our ability to anticipate what’s next for talent solutions drives us to challenge the status quo making us a trusted partner for our global client portfolio, which spans leading industries across North America, APAC and EMEA. Visit kellyocg.com or connect with us on LinkedIn to learn more.

Contact: 
Cynthia Carey
248-462-3021 (mobile)
Cynthia.carey@kellyservices.com

PR Newswire

ILX Group announces acquisition of TSG Training Ltd

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LONDON, Jan. 24, 2023 /PRNewswire/ — ILX Group, a leading provider of accredited and best practice training solutions, has completed the acquisition of TSG Training Ltd, a company that specialises in the provision of IT and software testing training courses. The deal will strengthen ILX Group’s accredited training offering and will provide growth opportunities to both businesses.

ILX’s acquisition of TSG supports its ambition to help customers deliver on their digital transformation goals. IT is often at the heart of the changes that companies need to make to do business in the digital age, with software testing a critical component that accounts for an average of 30% of IT project development costs. The software testing market was sized at 40 billion USD last year, with a forecast CAGR of 6% between 2020-2030. This growing demand is leading to an increasing number of people looking to be trained and qualified in software testing.

Russell Kenrick, Managing Director of ILX Group says, “TSG Training is a great company that shares our cultural values and approach to training and development. It has a strong brand with over 20 years of experience in IT and software testing training. As training specialists ourselves, we value this expertise, and when that’s combined with a great team, high quality products and fantastic customers – the incredible opportunity was clear. I am really excited to welcome the team to ILX Group and look forward to developing both businesses.”

Current owner and Managing Director of TSG Training Ltd, Bernard Melson added, “I’m proud of what has been achieved at TSG Training, and I’m delighted that the business and its team have found a good home in ILX. They, like us, care about quality and have been focused on growing a business through great customers experiences, and I am excited to watch them build on the progress that we have made.”

TSG Training Ltd will trade as a subsidiary of ILX Group PLC, and will be run by ILX as a standalone business, to leverage its strong brand. This will enable TSG Training to develop new products, invest in sales and marketing, bring in new customers, and ultimately, grow the business.

TSG Training Ltd were advised by Chris Lloyd of Lloyd Advisory Ltd.

About TSG Training

TSG Training specialises in software testing training. The company offers public and private training delivered via classroom or virtual classroom, and can trace its roots back 20 years. TSG Training was established in 2017, having been spun out of Testing Solutions Group Ltd and is accredited by BCS, The Chartered Institute for IT, and its most popular courses are ISTQB Software testing courses. TSG Training has been instrumental in furthering the bounds of excellence of the testing industry, and the company has contributed to the development of the syllabi and exams for the ISTQB certification programme.

About ILX Group

ILX delivers portfolio, programme & project management learning and consulting solutions via a blend of multimedia e-learning, games and simulations, mobile learning, traditional and virtual classroom training, practical workshops and coaching. We work with our clients to help them to take control of change and improve project outcomes.

A market leader for over 30 years, ILX has provided best practice learning to more than 500,000 people across 5,000 organisations in over 120 countries. Our courses are developed in-house with a dedicated team of experts to produce quality learning that is engaging and flexible according to the needs of the client. The company and its multi-lingual trainers can support customers around the world.

For more information, please get in touch at marketing@ilxgroup.com, +44 (0)1270 611600.

PR Newswire

ChipMOS REPORTS 12.3% MoM INCREASE IN MARCH 2022 MONTHLY REVENUE; 4.0% YoY INCREASE IN 1Q22 QUARTERLY REVENUE

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HSINCHU, April 8, 2022 /PRNewswire-FirstCall / — ChipMOS TECHNOLOGIES INC. (“ChipMOS” or the “Company”) (Taiwan Stock Exchange: 8150 and NASDAQ: IMOS), an industry leading provider of outsourced semiconductor assembly and test services (“OSAT”), today reported its unaudited consolidated revenue for the month of March 2022 and for the first quarter ended March 31, 2022. All U.S. dollar figures cited in this press release are based on the exchange rate of NT$28.62 to US$1.00 as of March 31, 2022.

Revenue for the first quarter of 2022 was NT$6,725.2 million or US$235.0 million, representing a slight decrease of 1.0% from the fourth quarter of 2021, and an increase of 4.0% from the first quarter of 2021. The Company noted its continued strong results reflect full utilization of its DDIC high-end test capacity. Q1 is typically a seasonally slower period for the industry with fewer working days than Q4.

Revenue for the month of March 2022 was NT$2,355.3 million or US$82.3 million, representing an increase of 12.3% from February 2022, and an increase of 0.5% from March 2021. 

Consolidated Monthly Revenues (Unaudited)

March 2022

February 2022

March 2021

MoM Change

YoY Change

Revenues

(NT$ million)

2,355.3

2,096.9

2,344.6

12.3%

0.5%

Revenues

(US$ million)

82.3

73.3

81.9

12.3%

0.5%

Consolidated Quarterly Revenues (Unaudited)

First Quarter

2022

Fourth Quarter

2021

First Quarter

2021

QoQ Change

YoY Change

Revenues

(NT$ million)

6,725.2

6,791.4

6,465.3

-1.0%

4.0%

Revenues

(US$ million)

235.0

237.3

225.9

-1.0%

4.0%

About ChipMOS TECHNOLOGIES INC.:

ChipMOS TECHNOLOGIES INC. (“ChipMOS” or the “Company”) (Taiwan Stock Exchange: 8150 and NASDAQ: IMOS) (https://www.chipmos.com) is an industry leading provider of outsourced semiconductor assembly and test services. With advanced facilities in Hsinchu Science Park, Hsinchu Industrial Park and Southern Taiwan Science Park in Taiwan, ChipMOS is known for its track record of excellence and history of innovation. The Company provides end-to-end assembly and test services to a broad range of customers, including leading fabless semiconductor companies, integrated device manufacturers and independent semiconductor foundries.

Forward-Looking Statements

This press release may contain certain forward-looking statements. These forward-looking statements may be identified by words such as ‘believes,’ ‘expects,’ ‘anticipates,’ ‘projects,’ ‘intends,’ ‘should,’ ‘seeks,’ ‘estimates,’ ‘future’ or similar expressions or by discussion of, among other things, strategies, goals, plans or intentions. These statements may include financial projections and estimates and their underlying assumptions, statements regarding plans, objectives and expectations with respect to future operations, products and services, and statements regarding future performance. Actual results may differ materially in the future from those reflected in forward-looking statements contained in this document, due to various factors, including the ongoing impact of COVID-19. Further information regarding these risks, uncertainties and other factors are included in the Company’s most recent Annual Report on Form 20-F filed with the U.S. Securities and Exchange commission (the “SEC”) and in the Company’s other filings with the SEC.

Contact s :

In Taiwan

Jesse Huang

ChipMOS TECHNOLOGIES INC.

+886-6-5052388 ext. 7715

IR@chipmos.com

In the U.S.

David Pasquale

Global IR Partners

+1-914-337-8801

dpasquale@globalirpartners.com 

Cision View original content:https://www.prnewswire.com/news-releases/chipmos-reports-12-3-mom-increase-in-march-2022-monthly-revenue-4-0-yoy-increase-in-1q22-quarterly-revenue-301520619.html

Source: ChipMOS TECHNOLOGIES INC.

PR Newswire

Infosys Recognized as one of the 2022 World’s Most Ethical Companies for the Second Consecutive Year by Ethisphere

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Recognition honors companies demonstrating exceptional leadership and a commitment to business integrity through best-in-class ethics, compliance, and governance practices

BENGALURU, India, March 21, 2022 — Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY), a global leader in next-generation digital services and consulting, today announced that it has been recognized by Ethisphere Institute, a global leader in defining and advancing the standards of ethical business practices, as one of the 2022 World’s Most Ethical Companies, for the second consecutive year. Through this recognition, Infosys has become the only company in India, and one of the four honorees globally, in the software & services industry.

In 2022, 136 honorees were recognized from 22 countries and across 45 industries. These companies were evaluated based on the Ethisphere Ethics Quotient® across multiple categories, including culture, environmental and social practices, ethics and compliance, governance, diversity, and initiatives to support a strong value chain.

"Today, business leaders face their greatest mandate yet to be ethical, accountable, and trusted to drive positive change," said Timothy Erblich, Chief Executive Officer, Ethisphere. "We continue to be inspired by the World’s Most Ethical Companies honorees and their dedication to integrity, sustainability, governance, and community. Congratulations to Infosys for earning the World’s Most Ethical Companies designation."

Salil Parekh, Chief Executive Officer and Managing Director, Infosys, said, "Being ethical is at the heart of everything we do, and one of the core values on which Infosys has built its success over the years. We are honored to receive this recognition from the prestigious Ethisphere Institute. Receiving this recognition for the second consecutive year is a testament to our excellence in ethical practices and our commitment to operate with utmost integrity and transparency as articulated in our C-LIFE values."

The complete list of 2022 World’s Most Ethical Companies can be found at:  https://worldsmostethicalcompanies.com/honorees

Methodology & Scoring

Grounded in Ethisphere’s proprietary Ethics Quotient®, the World’s Most Ethical Companies assessment process includes more than 200 questions on culture, environmental and social practices, ethics and compliance activities, governance, diversity, and initiatives to support a strong value chain. The process serves as an operating framework to capture and codify the leading practices of organizations across industries and around the globe.

About Ethisphere

Ethisphere® is the global leader in defining and advancing the standards of ethical business practices that fuel corporate character, marketplace trust and business success. Ethisphere has deep expertise in measuring and defining core ethics standards using data-driven insights that help companies enhance corporate character and measure and improve culture. Ethisphere honors superior achievement through its World’s Most Ethical Companies recognition program and provides a community of industry experts with the Business Ethics Leadership Alliance (BELA).

More information about Ethisphere can be found at: https://ethisphere.com.

About Infosys

Infosys is a global leader in next-generation digital services and consulting. We enable clients in more than 50 countries to navigate their digital transformation. With over four decades of experience in managing the systems and workings of global enterprises, we expertly steer our clients through their digital journey. We do it by enabling the enterprise with an AI-powered core that helps prioritize the execution of change. We also empower the business with agile digital at scale to deliver unprecedented levels of performance and customer delight. Our always-on learning agenda drives their continuous improvement through building and transferring digital skills, expertise, and ideas from our innovation ecosystem.

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

Safe Harbor

Certain statements in this release concerning our future growth prospects, financial expectations and plans for navigating the COVID-19 impact on our employees, clients and stakeholders are forward-looking statements intended to qualify for the ‘safe harbor’ under the Private Securities Litigation Reform Act of 1995, which involve a number of risks and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding COVID-19 and the effects of government and other measures seeking to contain its spread, risks related to an economic downturn or recession in India, the United States and other countries around the world, changes in political, business, and economic conditions, fluctuations in earnings, fluctuations in foreign exchange rates, our ability to manage growth, intense competition in IT services including those factors which may affect our cost advantage, wage increases in India, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, industry segment concentration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks or system failures, our ability to successfully complete and integrate potential acquisitions, liability for damages on our service contracts, the success of the companies in which Infosys has made strategic investments, withdrawal or expiration of governmental fiscal incentives, political instability and regional conflicts, legal restrictions on raising capital or acquiring companies outside India, unauthorized use of our intellectual property and general economic conditions affecting our industry and the outcome of pending litigation and government investigation. Additional risks that could affect our future operating results are more fully described in our United States Securities and Exchange Commission filings including our Annual Report on Form 20-F for the fiscal year ended March 31, 2021. These filings are available at www.sec.gov. Infosys may, from time to time, make additional written and oral forward-looking statements, including statements contained in the Company’s filings with the Securities and Exchange Commission and our reports to shareholders. The Company does not undertake to update any forward-looking statements that may be made from time to time by or on behalf of the Company unless it is required by law.

  

PR Newswire

Mindtree Launches Industry-Specific IoT Solutions Built on ServiceNow Connected Operations

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Solutions will help manufacturing and consumer goods enterprises to proactively solve issues and drive cross-organizational action

WARREN, N.J. and BANGALORE, India, Oct. 25, 2021 — Mindtree, a global technology services and digital transformation company, today announced an expanded relationship with ServiceNow, the leading digital workflow company that makes work, work better for people. As a partner for ServiceNow® Connected Operations, a proactive system of action for IoT, Mindtree will build industry solutions to help enterprises turn data from their Internet of Things (IoT) infrastructure into actionable business workflows.

Mindtree will combine the deep domain, design thinking, IoT, AI, Machine Learning, and analytics expertise of Mindtree NxT, the company’s IoT service line, with the capabilities of ServiceNow Connected Operations to enable enterprises in industry sectors such as manufacturing and consumer goods to put their IoT data to work for improved decision-making and smarter operations.

By connecting IoT data with digital workflows, ServiceNow Connected Operations enables organizations to realize the full value of their IoT investments, help increase customer satisfaction, and access new business models. Together with Mindtree driving actionable and industry-specific insights, these solutions will allow customers to break down data silos, proactively resolve issues, and evolve collaboration between customers, operations, customer service, and field service.

Manufacturing and consumer goods companies are increasingly looking to make better use of the data generated through multiple platforms and legacy operational technology (OT) systems. This means working around operational and data silos between OT and IT, a lack of common processes and tools in floor systems, and an inability to bring all data into a single system of record. Through Mindtree’s solutions, these companies will be able to gain greater visibility across the enterprise, mitigate risk, reduce cost, harness a single source of truth for collaborative decision-making, and leverage advanced analytics, data insights, simulation and modelling for better evaluation of their value chains.

"The true transformative potential of data can be realised only by using it effectively," said Alex Nicholas, Vice President and Head of ServiceNow Business at Mindtree. "Siloed data and disconnected systems can undermine the best of IoT programs. The capabilities of Mindtree NxT alongside ServiceNow and their dedicated Connected Operations team position us well to help enterprises better manage critical infrastructure, deliver superior customer experiences, and drive customer loyalty."

ServiceNow industry partner solutions extend ServiceNow’s capabilities to deliver industry-specific applications and services that are tailored to customers’ unique digital transformation needs.

"Across industries, businesses realize the need for digital workflows to deliver greater operational efficiencies and better customer outcomes," said Jonathan Sparks, Vice President of IoT and Operations Products at ServiceNow. "Together with Mindtree, we’re helping move customers in manufacturing and consumer goods beyond dashboards to automate issue resolution with IoT. Combining Mindtree’s powerful IoT, AI and Machine Learning capabilities with ServiceNow’s leading workflow platform will improve decision-making and drive smart operations while helping customers realize new business outcomes based on business-relevant insights."

About Mindtree        

Mindtree (NSE: MINDTREE) is a global technology consulting and services company, helping enterprises marry scale with agility to achieve competitive advantage. "Born digital," in 1999 and now a Larsen & Toubro Group Company, Mindtree applies its deep domain knowledge to more than 260 enterprise client engagements to break down silos, make sense of digital complexity and bring new initiatives to market faster. We enable IT to move at the speed of business, leveraging emerging technologies and the efficiencies of Continuous Delivery to spur business innovation. Operating in 24 countries across the world, we’re consistently regarded as one of the best places to work, embodied every day by our winning culture made up of over 29,700 entrepreneurial, collaborative and dedicated "Mindtree Minds".

To learn more about us, visit www.mindtree.com or follow us @Mindtree_Ltd. 

ServiceNow, the ServiceNow logo, Now, Now Platform, and other ServiceNow marks are trademarks and/or registered trademarks of ServiceNow, Inc. in the United States and/or other countries. Other company names, product names, and logos may be trademarks of the respective companies with which they are associated.

For more information, contact: media@mindtree.com 

 

PR Newswire

Granite River Labs Names TIC Veteran Holger Kunz President of Worldwide Services

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SANTA CLARA, Calif., Aug. 11, 2021 — Granite River Labs ("GRL"), a global leader in test and certification services and automated test solutions for digital connectivity and charging technologies, today announced the appointment of Holger Kunz as President of Worldwide Services. Kunz will continue to be based in Yokohama, Japan where he will lead the continued expansion of GRL’s worldwide services business. 

Holger Kunz, President of Worldwide Services at Granite River Labs (“GRL”), a global leader in test and certification services and automated test solutions for digital connectivity and charging technologies.
Holger Kunz, President of Worldwide Services at Granite River Labs (“GRL”), a global leader in test and certification services and automated test solutions for digital connectivity and charging technologies.

 

Kunz will leverage his deep knowledge of global testing trends in key verticals, a passion for technology testing and market access, and his demonstrated skill as a leader for developing worldwide test organizations to help accelerate GRL’s growth. The addition follows GRL’s strategic growth investment from SFW Capital Partners in May 2021.

Originally from Germany with much of his career based in Asia, including time spent in Japan, Mainland China, Hong Kong and Taiwan, Kunz joins GRL after 25 years in various roles with TÜV Rheinland (TÜVR), a global leader in the Testing, Inspection, Certification (TIC) industry. Most recently, Kunz served as Group Executive Council member and Global Executive Vice President for Products at TÜVR, overseeing five business lines, more than €550 million revenue, and a rapidly growing network of laboratories across the world. During his tenure as EVP, Kunz oversaw tremendous growth and margin expansion through various organic initiatives and strategic acquisitions. In his various roles at TÜVR, Kunz focused on customers in a wide range of end-markets including consumer electronics, telecommunications, medical, automotive, and renewable energy.

"Holger is a proven world-class leader, and I am very excited to welcome him to GRL," said Johnson Tan, Granite River Labs’ co-founder and CEO. "I’ve worked with Holger for many years and been consistently impressed by his success in building technology-driven businesses and teams around the world. Holger’s entrepreneurial drive and expertise in leading cross functional organizations supporting complex technical needs make him the perfect fit to expand our service capabilities and create more value for our customers."

"Granite River Labs has a sterling reputation for its testing expertise in digital connectivity and charging technologies, an impressive roster of globally-recognizable clients, and a strong leadership team," said Kunz. "Following a fulfilling career with TÜVR, I am excited to partner with GRL and SFW Capital and take on a more entrepreneurial role. I look forward to helping the company serve its existing customers more effectively, enter new end-markets, pursue add-on acquisitions, and expand its technical capabilities."

About Granite River Labs 
Founded in Silicon Valley in 2010, Granite River Labs (GRL) is a leading provider of end-to-end testing, certification and compliance services and related proprietary instrumentation and software solutions to support development and commercialization of sophisticated connected devices. GRL helps engineers solve tough design and validation challenges. GRL was founded with a vision to provide affordable test services to help hardware developers implement digital interface technologies as they become faster, more complex, and more challenging to test. Today, GRL has worked with hundreds of companies supporting the adoption of new and emerging technologies from their worldwide test facilities and R&D centers. GRL’s combination of market-leading technical expertise, broad capabilities across connectivity and charging technologies, and intense focus on quality and customer service excellence has led to rapid growth and recognition as the "go to" expert. For more information, visit www.graniteriverlabs.com. 

About SFW Capital Partners, LP 
SFW Capital Partners is a specialized private equity firm that invests in leading Information, Software, Industrial and Healthcare Technology companies. These companies, which include providers of instrumentation, laboratory products, software/information and related solutions, provide a high return on investment to their customers and can serve a wide variety of end-markets. Our principals’ 25+ years of investing in and experience with relevant business models, technologies, competitive dynamics and service requirements gives us confidence in our ability to support management teams in growing their companies and building value. For more information, visit www.sfwcap.com. 

Related Links :

http://www.graniteriverlabs.com

PR Newswire

/C O R R E C T I O N — Mindtree/

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In the news release, Mindtree reports robust revenue growth of 5.2% q-o-q in USD; Recommends final dividend of ₹17.5 per share, issued 16-Apr-2021 by Mindtree over PR Newswire, we are advised by the company that under the heading "Quarter ended March 31, 2021," the fourth bullet point should read "Net profit at ₹3,173 million (decline of 2.8% q-o-q / growth of 53.9% y-o-y)" rather than "Net profit at ₹3,173 million (decline of 2.8% q-o-q / 53.9% y-o-y)" as originally issued inadvertently. The complete, corrected release follows:

Mindtree reports robust revenue growth of 5.2% q-o-q in USD; Recommends final dividend of INR17.5 per share

BANGALORE, India and WARREN, N.J., April 17, 2021 — Mindtree, a global technology services and digital transformation company guiding its clients to achieve faster business outcomes, announced its consolidated results today for the fourth quarter ended March 31, 2021, as approved by its board of directors.

"We are proud to deliver another strong quarter, driven by significant traction in our client portfolio globally, leading to revenue growth of 5.2%, EBITDA of 21.9%, and an order book of $375 M at the end of Q4. Our journey of profitable growth and seamless delivery during the pandemic year has been made possible by the resilience of Mindtree Minds, the commitment of our leadership team, and above all, the continued support of our clients," said Debashis Chatterjee, Chief Executive Officer and Managing Director, Mindtree. "The final dividend of INR17.5 per share announced today reinforces Mindtree’s commitment to enhance shareholder value. For the year, we delivered revenues of $1,076.5 M and margin expansion of 680 bps, while increasing our order book by 12.3%. As we enter FY22, we are confident that continued client demand for our transformative services, a strong order book, and our strategic investments position us well to deliver double digit growth and sustain EBITDA above 20%."

Key financial highlights:

Quarter ended March 31, 2021

  • In USD:
    • Revenue at $288.2 million (growth of 5.2% q-o-q / 3.5% y-o-y)
    • Net profit at $43.3 million (decline of 1.9% q-o-q / growth of 53.4% y-o-y)
  • In INR:
    • Revenue at INR21,093 million (growth of 4.2% q-o-q / 2.9% y-o-y)
    • Net profit at INR3,173 million (decline of 2.8% q-o-q / growth of 53.9% y-o-y)

Year ended March 31, 2021

  • In USD terms:
    • Revenue at $1,076.5 million (decline of 1.1%)
    • Net profit at $150.0 million (growth of 69.6%)
  • In Rupee terms:
    • Revenue at INR 79,678 million (growth of 2.6%)
    • Net profit at INR 11,105 million (growth of 76.0%)

Other highlights:

  • Clients:
    • 270 active clients as of March 31, 2021
    • $5 million clients grew by 1, total 44
  • People:
    • 23,814 Mindtree Minds as of March 31, 2021
    • Trailing 12 months attrition is 12.1%
  • Q4 deal wins with leading global clients:
    • Mindtree partnered with one of the leading electronic retailers to realize their omni-channel vision for their users
    • Mindtree signed a multiyear engagement with a global leader in design and manufacturing of household appliances to transform the online retail experiences of their users
    • For a Germany-based leader in building materials and construction systems company, Mindtree will be providing digital services and assisting in post-merger technology integration
    • Mindtree has been chosen as a strategic partner by a leading global travel software and technology company to modernize their passenger reservation platform and accelerate their cloud transformation journey
    • Mindtree has been selected by a leading bank to provide Salesforce transformation services across multiple geographies for their asset management division
  • Recognitions:
    • Everest Group, a leading consulting and research firm, recognized Mindtree as a "Major Contender" in its Software Product Engineering Services PEAK Matrix® Assessment 2021
    • Mindtree has been recognized by Information Services Group (ISG), a leading global technology research and advisory firm, as leader in 2021 ISG Provider Lens™ Salesforce Ecosystem Partners Reports US for implementation, integration and managed application services for large enterprises
    • Mindtree has been recognized by Information Services Group (ISG), a leading global technology research and advisory firm, as leader in 2021 ISG Provider Lens Mainframe Services & Solutions 2021 for Mainframe Transformation Services in US
    • Mindtree adjudged the winner of Golden Peacock National Award 2020 for Corporate Social Responsibility
    • Mindtree has been awarded the winner of BEST awards for demonstrating enterprise-wide success as a result of employee talent development by Association for Talent Development (ATD)
    • Mindtree has been conferred the second runner-up position in the ‘Best Employer for Women’ (large) category by Associated Chambers for Commerce and Industry of India (ASSOCHAM)
    • Mindtree has been recognized for ‘Workforce Planning and Staffing Solutions’ and ‘Organization Design’ at the People First ACE Awards 2020 presented by the National HRD network
    • Mindtree has been recognized and rewarded as a winner in ‘Excellence in Employee Welfare Initiative’ by BW Business World HR Excellence Award 2021
  • Announcements
    • The Board of Directors have recommended a final dividend of 175% (Rs 17.5 per equity share of par value Rs 10 each) for the financial year ended March 31, 2021 which is subject to the approval of shareholders at the Annual General Meeting

About Mindtree

Mindtree (NSE: MINDTREE) is a global technology consulting and services company, helping enterprises marry scale with agility to achieve competitive advantage. "Born digital," in 1999 and now a Larsen & Toubro Group Company, Mindtree applies its deep domain knowledge to 270 enterprise client engagements to break down silos, make sense of digital complexity and bring new initiatives to market faster. We enable IT to move at the speed of business, leveraging emerging technologies and the efficiencies of Continuous Delivery to spur business innovation. Operating in 24 countries across the world, we’re consistently regarded as one of the best places to work, embodied every day by our winning culture made up of over 23,800 entrepreneurial, collaborative and dedicated "Mindtree Minds."

To learn more about us, visit www.mindtree.com or follow us @Mindtree_Ltd

Safe harbour

Certain statements in this release concerning our future growth prospects are forward-looking statements, which involve a number of risks, and uncertainties that could cause our actual results to differ materially from those in such forward-looking statements. The conditions caused by the COVID-19 pandemic could decrease customer’s technology spending, affecting demand for our services, delaying prospective customers’ purchasing decisions, and impacting our ability to provide on-site consulting services; all of which could adversely affect our future revenue, margin and overall financial performance. Our operations may also be negatively affected by a range of external factors related to the COVID-19 pandemic that are not within our control. We do not undertake to update any forward-looking statement that may be made from time to time by us or on our behalf.

For more information, contact: media@mindtree.com

Mindtree Limited, Global Village, RVCE Post, Mysore Road, Bangalore-560059;
CIN: L72200KA1999PLC025564; Phone: + 91 80 6706 4000; Fax: +91 80 6706 4100;
E-mail: info@mindtree.com/investors@mindtree.com; Website: www.mindtree.com