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PR Newswire

Reckitt and Shopee support Filipinos in fight against pandemic with ‘Protection Starts Within’ campaign

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Reckitt’s first multi-brand regional Super Brand Day on Shopee equips shoppers with health, hygiene, and nutrition tips along with exclusive deals

MANILA, Philippines, June 18, 2021  — Reckitt, the global leader in health, hygiene and nutrition, partners with Shopee, the leading e-commerce platform in Southeast Asia and Taiwan to launch its first "Protection Starts Within" regional initiative held across six markets. This collaboration aims to help families better protect their health and well-being by sharing educational content and tips on health, hygiene and nutrition. It will be launched on 21-23 June as part of Reckitt’s Super Brand Day campaign in the Philippines, where shoppers can also access Reckitt’s wide portfolio of family care essentials on Shopee Mall.

Reckitt and Shopee support Filipinos in fight against pandemic with ‘Protection Starts Within’ campaign
Reckitt and Shopee support Filipinos in fight against pandemic with ‘Protection Starts Within’ campaign

As the battle with COVID-19 persists, families are still placing high importance on upholding strict hygiene standards and ensuring proper nourishment is provided for. In times like this, more are turning to brands they can trust to meet their daily needs. Lysol driven by its "Disinfect to Protect" mission, continues to educate the importance of daily disinfection and make its line of surface disinfectants and multi-action cleaners accessible to its consumers.                     

To meet the growing demand for health, hygiene, and nutrition products online, Reckitt is constantly innovating to ensure that shoppers get the best experience from the brand. The brand will also educate customers about protecting and nourishing the family with Enfagrow A+ Four NuraPro, Lactum 3+6+ and Lysol on Shopee Live. They will also share exclusive product tips and best practices for family protection through an educational microsite. From June 21 – 23, twenty lucky viewers on Shopee livestreams will stand the chance to win P300 off vouchers which they can use as they shop.

Muksitul Islam, ASEAN eCommerce Director at Reckitt, says, "We have seen the tremendous growth of our business online and are committed to serving the needs of customers. Reckitt is proud to partner Shopee in our regional Super Brand Day to reach more consumers across the region and in the Philippines. They can be assured of convenient and quick access to our entire portfolio of well-loved brands including Enfagrow Four, Lactum 3+6+, and Lysol that will help meet their needs. Through Shopee’s engagement tools, our customers can also look forward to learning valuable tips on Reckitt’s products, as well as best practices through a fun and engaging way."

Martin Yu, Director at Shopee Philippines, says, "We understand that many people are still worried about the pandemic, and more are staying home to shop online for essentials. As part of the 7.7 Mid-Year Sale to give shoppers greater value, we’re glad to partner with Reckitt to provide a wide variety of trusted household brands delivered directly to their home. As e-commerce grows to become an integral part of life, Shopee will continue to work with globally-trusted brands like Reckitt to ensure that shoppers can get convenient access to all that they need."

From 21-23 June, Reckitt will roll out exclusive COVID-19 household protection deals on Shopee Mall, providing shoppers with the best value and deals on their entire portfolio of brands, including:

  • Exclusive Bundle Sets: Reckitt is offering special gifts with purchase on their nutrition essentials to protect and nourish your entire family.
  • Earn more savings with EnfaMama Elite Rewards Loyalty Program: Sign up for free and get 500 points sign-up bonus, member exclusive vouchers and bonus points with every purchase from the official store on Shopee Mall. 

Find out more about Reckitt’s Protection Starts Within campaign here.

Download the Shopee app for free on the App Store or Google Play Store.

About Reckitt

Reckitt is a global leading consumer health, hygiene and nutrition company. Driven by a purpose to build healthier lives and happier homes, Reckitt has operations in over 60 countries. From the foundations of wellness and infant nutrition, to the fundamentals of a hygienic home, our global brands help people live healthier, happier lives.

Reckitt’s unique culture is at the heart of its success. Its drive to achieve, passion to outperform and commitment to quality and scientific excellence are manifested in the work of over 40,000 Reckitt employees worldwide.

About Shopee

Shopee is the leading e-commerce platform in Southeast Asia & Taiwan. Shopee connects shoppers, brands and sellers across Asia and other fast-growing markets, empowering anyone to buy and sell anywhere and at any time.

Shopee offers an easy, secure, and engaging experience that is enjoyed by millions of people daily. It offers a wide product assortment, supported by integrated payments and logistics, as well as popular entertainment features tailored for each market. Shopee is also a key contributor to the region’s digital economy with a firm commitment to helping brands and entrepreneurs succeed in e-commerce.

Shopee is a part of Sea Limited (NYSE:SE), a leading global consumer internet company. In addition to Shopee, Sea’s other core businesses include its digital entertainment arm, Garena, and digital financial services arm, SeaMoney. Sea’s mission is to better the lives of consumers and small businesses with technology.

PR Newswire

IQM announces KQCircuits – An open-source software to design superconducting quantum processors

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ESPOO, Finland, June 17, 2021 — IQM Quantum Computers (IQM) announced today its open-source software tool KQCircuits to automate the design of superconducting quantum processors. KQCircuits Is a Python library jointly developed by Aalto University and IQM using the KLayout design program.

IQM processor example
IQM processor example

Designing quantum processors is fundamental to build quantum computers. But it is a difficult, multi-step process that takes significant time and effort. With this initiative, IQM supports the broader quantum community by open-sourcing its state-of-the-art quantum processor design platform.

KQCircuits creates a community-driven universal platform that enables quantum chip development through a simple and open framework, from chip design and simulation to fabrication. With KQCircuits, quantum engineers and physicists can conveniently generate chip designs with a simple click. They can also check the signal routing before the device fabrication process to avoid making costly errors.

"At IQM, we’ve been using KQCircuits to design and develop our state-of-the-art quantum processors. By making it available as an open-source platform, we want to make our tools available for the entire quantum community. Using KQCircuits, researchers and companies worldwide can now focus on R&D and continue to innovate faster," said Dr. Johannes Heinsoo, Team Leader at IQM.

KQCircuits generates multi-layer two-dimensional-geometries representing common structures in quantum processing units (QPUs). It includes:

  • A framework and definitions of parametrized geometrical circuit elements 
  • Templates for manually drawn or code-defined circuit elements
  • A method for assembling a QPU design from elements. 

Also, to reduce the design turnaround time and to reduce manual errors, KQC includes helpers to export: 

  • Optical mask layouts and lithography patterns
  • Project files for easy simulations with popular FEM software such as Ansyss HFSS, Ansyss Q3D, and Sonnet
  • Netlist for SPICE simulations.

"KQCircuits leverages the work at KLayout design program, which has a history of over a decade of continuous development. We’d also like to acknowledge and thank the team at the QCD Labs of Aalto University and Mr. Matthias Koefferlein, Open-Source Developer of KLayout," added Dr. Heinsoo.

" In research, we are always looking for collaboration opportunities and ways to design quantum processors that are of high quality and reproducible. We are extremely happy that our work at the QCD Labs of Aalto University is now continued by IQM. We hope to see other quantum companies and researchers utilize this tool and contribute by further developing KQCircuits," said Prof. Mikko Möttönen, Aalto University

Useful links:

About KQCircuits: www.meetiqm.com/developers/kqcircuits/

KQCircuits Documentation: https://iqm-finland.github.io/KQCircuits/

About IQM Quantum Computers:

IQM is the European leader in superconducting quantum computers, headquartered in Espoo, Finland. Since its inception in 2018, IQM has grown to 110+ employees and established a subsidiary in Munich, Germany, to lead the co-design approach.

IQM delivers on-premises quantum computers for research laboratories and supercomputing centers and provides complete access to its hardware. For industrial customers, IQM delivers quantum advantage through a unique application-specific co-design approach. IQM has raised € 71 Million from private and public funding.

IQM is building Finland’s first commercial quantum computer with VTT, and an IQM led consortium was awarded € 12.4 Million in February 2021 to commercialize application-specific quantum processors by the German Ministry of Education and Research

For more information, visit www.meetiqm.com.

Registered office:

IQM Finland Oy
Keilaranta 19
02150 Espoo
Finland
www.meetiqm.com

Media Contact:

Raghunath Koduvayur, Head of Marketing and Communications
Raghunath@meetiqm.com, +358-504-876-509

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IQM KQCircuits
IQM KQCircuits

 

IQM processor example
IQM processor example

 

 

 

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PR Newswire

Blackpoint Cyber Launches Blackpoint LogIC

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Simple, hyper-efficient compliance solution by Blackpoint adds to cybersecurity ecosystem

ELLICOTT CITY, Md., June 16, 2021 — Blackpoint Cyber, a leading technology-focused cybersecurity company, has announced the launch of their newest MDR add-on solution, Blackpoint LogIC (Logging with Integrated Compliance).

Blackpoint Cyber launches Blackpoint LogIC, a simple and hyper-efficient compliance solution
Blackpoint Cyber launches Blackpoint LogIC, a simple and hyper-efficient compliance solution

LogIC Development

Examining the increasing demand for cybersecurity compliance, Jon Murchison, CEO of Blackpoint Cyber, stated "We developed LogIC to offer MSPs and their partners a streamlined solution that eliminated the complexities of compliance without compromising security posture". For context, regulatory compliance is usually expensive and challenging to manage in the long-term even for larger, mature businesses. Due to the effort and cost of building compliance programs and teams, many are faced with the difficult decision to either put resources towards meeting compliance requirements or investing in real cybersecurity. Murchison explains, "The team here at Blackpoint spent over nine months developing a new and affordable compliance solution. We leveraged our existing nation state-grade 24/7 MDR technology to ensure that businesses can satisfy both needs with one powerful solution."

LogIC Highlights

Many requirements in security compliance frameworks require the collection of data, events, and logs. Blackpoint LogIC’s hyper-efficient logging architecture supports the real-time collection of Windows Event Logs, Windows File Integrity Monitoring (FIM), and applications supporting general system logging protocol (syslog). Collected data is tamperproof, resilient, encrypted (AES-256), and stored read-only in three different zones that meet SEC Rule 17a-4, PCI-DSS, HIPAA/HITECH, FedRAMP, EU GDPR, and FISMA specifications. Currently, LogIC supports CMMC, HIPAA, PCI-DSS, and CMMC (up to Level 3) security compliance frameworks. The company noted that more frameworks are planned for future iterations of LogIC to be expected throughout 2021 and 2022.

Blackpoint’s goal is to bring simplicity to the everyday management of logging and compliance. LogIC uses a simple, push-button setup to replace typical hardware, appliances, installs, and agent rollouts needed to implement compliance programs. Further, the launch features a new, intelligent web application allowing MSPs and their clients to configure log settings and generate compliance reporting to reduce the cumbersome reporting and assessment efforts usually involved with regulatory compliance. Based on the products and services partners have with Blackpoint, LogIC’s auto-answer capability automatically maps against hundreds of compliance requirements all at once. Finally, partners signing up for LogIC will receive 365 days of complimentary data log retention with options to request more storage by GB as needed.

Interested in streamlining your compliance and cybersecurity? Visit the Blackpoint LogIC website or sign up to see a demo of the solution here.

About Blackpoint

Blackpoint Cyber offers the only world-class, nation state-grade cybersecurity ecosystem serving the MSP community. Using its own software and SOC, Blackpoint’s True 24/7 Managed Detection and Response (MDR) service not only detects breaches earlier than any other solution on the market, but also provides an actual response rather than just an alert to keep your and your clients’ networks safe from widespread damage.

For more information, please contact:
Nicole LaDue
240.538.7598
info@blackpointcyber.com   
https://blackpointcyber.com/ 

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PR Newswire

Medidata Becomes First Company to Offer End-to-End, Unified, Secure Platform for Decentralization of Clinical Trials (DCT)

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  • The first company in the world to unify direct patient data capture technology with study oversight and monitoring, Medidata redefines end-to-end decentralization for sponsors and CROs
  • The unique Medidata Trial Dial™ concept provides the industry’s highest level of customization for clinical trial decentralization – enabling fully decentralized or hybrid studies

SINGAPORE, June 16, 2021 — Medidata, a Dassault Systèmes company, today announced the launch of the Medidata Decentralized Clinical Trials (DCT) Program, the most comprehensive set of unified, secure technologies that enable full decentralization across the clinical trial continuum. For the first time ever, drug, vaccine, and medical device developers (sponsors) and contract research organizations (CROs) can take advantage of the only platform offering on the market which combines:

  • Technology and workflows to virtualize patient participation
  • Tools that facilitate sponsor oversight of patient safety and data quality
  • Direct-to-patient services, including facilitation of delivery of study drugs to the home

The Medidata DCT Program captures participant data remotely from anywhere, at any time. It aggregates and transforms that data, monitors the data to identify quality issues to mitigate risk and ensure patient safety, and runs powerful analytics to draw new insights leading to better outcomes for patients, researchers, sites, sponsors, and CROs.

"The life science industry has seen accelerating interest and adoption of decentralized trial technology in the wake of the COVID-19 pandemic," said Anthony Costello, president, patient cloud at Medidata. "Sponsors and CROs are increasingly turning to decentralized trial models in an effort to bring increased efficiency, security, and accessibility to the clinical research process."

Through a range of capabilities on a common platform that can be individually turned "on" or "off" in various combinations using the Trial Dial™ concept, the Medidata DCT Program provides the highest level of customization of decentralizing solutions based on study protocol design. This allows study sponsors to adjust and choose everything from traditional onsite trials, to fully decentralized models, and every hybrid trial design in between.

The Medidata DCT Program revolutionizes the paradigm of sponsor study oversight by supporting sponsors and CROs to easily adopt risk-based approaches to study execution, rather than historically reactionary and inefficient on-site practices. Embedded capabilities for risk identification, monitoring, and mitigation allow for truly digital oversight, where physical and virtual interaction with sites can be optimized while maintaining patient safety and data quality. The Medidata DCT Program also allows for powerful workflows driven from patient-centric data, such as shipping investigational product directly to the patient and automated dosage adjustments.

"We are very proud to say that, as a trusted partner to the life science sector for more than 20 years, Medidata is now the only company providing a full suite of virtual capabilities to enable complete trial decentralization, encompassing both patient and site interactions," added Costello. "The DCT Program marks an important evolution in Medidata’s vision for how we can better serve patients and customers, by accelerating research and bringing novel therapies to market in record time."

To date, Medidata has applied its decentralizing technologies across more than 44,000 clinical sites around the world in multiple languages involving more than 600,000 patients with a wide array of illnesses. Nearly 350 sponsors and CROs have trusted Medidata to handle the increasing speed and volume of electronically sourced patient data generated by modern trials. The single platform minimizes the opportunity for data discrepancies and transfer lags, which can lead to security concerns and increased risk of trial disruption.

According to Gartner, a leading research and advisory company, "Life science CIOs advancing healthcare and life science digital optimization and modernization should… establish a technology strategy by prioritizing digital trial solutions that combine wearables, mobile apps, IoT and advanced data analytics. This will enable a truly patient-centric and decentralized approach to clinical research."[1]

The COVID-19 crisis emphasized the pivotal role of technology in accelerating safe clinical trial development. In fact, Medidata technology helped to bring a COVID-19 vaccine through the full clinical trial life cycle in under a year. For this effort, the vaccine developer used a suite of Medidata technologies, including Rave EDC (electronic data capture); eCOA (electronic clinical outcomes assessment), and Detect (centralized statistical monitoring)—these tools allowed study teams to course-correct before trial quality and timing were affected by potential risks.

Regulatory agencies around the world have begun embracing remote technology solutions, especially remote monitoring, electronic informed consent (eConsent), telemedicine, and direct shipment of investigational products to patients. Specifically, the United States Food & Drug Administration (FDA) is expected to issue a draft guidance regarding decentralized clinical trials this year, with special emphasis on endpoint analysis, data quality and control, and the appropriate use of eConsent. As a pioneer in decentralizing the clinical trial process, Medidata is primed to support the industry in the adoption and best use of these innovative new technologies.

Medidata is a wholly owned subsidiary of Dassault Systèmes, which with its 3DEXPERIENCE platform is positioned to lead the digital transformation of life sciences in the age of personalized medicine with the first end-to-end scientific and business platform, from research to commercialization.

[1]Gartner, Life Science CIOs: Map Your Pathway to Digital Trials, Jeff Smith, 18 August, 2020.

About Medidata

Medidata is leading the digital transformation of life sciences, creating hope for millions of patients. Medidata helps generate the evidence and insights to help pharmaceutical, biotech, medical device and diagnostics companies, and academic researchers accelerate value, minimize risk, and optimize outcomes. More than one million registered users across 1,700+ customers and partners access the world’s most-used platform for clinical development, commercial, and real-world data. Medidata, a Dassault Systèmes company (Euronext Paris: #13065, DSY.PA), is headquartered in New York City and has offices around the world to meet the needs of its customers. Discover more at www.medidata.com and follow us @Medidata.

Medidata is a registered trademark of Medidata Solutions, Inc., a wholly owned subsidiary of Dassault Systèmes.

About Dassault Systèmes

Dassault Systèmes, the 3DEXPERIENCE Company, is a catalyst for human progress. We provide business and people with collaborative 3D virtual environments to imagine sustainable innovations. By creating virtual twin experiences of the real world with our 3DEXPERIENCE platform and applications, our customers push the boundaries of innovation, learning and production. Dassault Systèmes brings value to more than 290,000 customers of all sizes, in all industries, in more than 140 countries. For more information, visit www.3ds.com.

3DEXPERIENCE, the Compass icon, the 3DS logo, CATIA, BIOVIA, GEOVIA, SOLIDWORKS, 3DVIA, ENOVIA, NETVIBES, MEDIDATA, CENTRIC PLM, 3DEXCITE, SIMULIA, DELMIA, and IFWE are commercial trademarks or registered trademarks of Dassault Systèmes, a French "société européenne" (Versailles Commercial Register # B 322 306 440), or its subsidiaries in the United States and/or other countries.

Related Links :

http://www.medidata.com

PR Newswire

The Future of Work: WorkForce Software Launches First Integrated Employee Experience and Workforce Management Platform to Meet the Needs of the Modern Workforce

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Integrated employee experience features set a new bar for advanced workforce management solutions designed for global enterprises

LIVONIA, Mich., June 15, 2021 — WorkForce Software, the leading provider of enterprise SaaS-based workforce management solutions today announced the availability of its WorkForce Suite with a fully integrated set of employee experience (EX) capabilities designed to facilitate meaningful, in-the-moment interactions between managers and their deskless employees. Critical capabilities delivered in the newest release include two-way communications and real-time workforce data, which managers can use to engage staff, capture feedback, and act on employee sentiment. Harnessing these digital interactions through the WorkForce Suite can drive more effective employee engagement, provide for a safer, more compliant work environment, and boost employee retention for greater organizational resiliency and agility.

"In our work with some of the largest global employers, we can see that focusing on improvements to employee experience are being prioritized even more highly than before the pandemic," said Mike Morini, CEO of WorkForce Software. "A tightening labor market, lower barriers to job change, and an increasingly diverse and digitally native employee population with higher expectations creates a demand for employers to re-imagine their workforce management technology and include solutions aimed at improving the employee experience."

Today, there are 2.7 billion deskless workers in the global workforce—many of whom indicate a disconnect due to a growing technology gap, which makes it difficult for employers to communicate with employees and keep their workforce engaged at scale.

A 2021 survey recently conducted by WorkForce Software revealed a significant disparity in how employers and employees perceive the digital and technological support provided to meet workplace needs. According to the report, employers felt they had provided adequate job training, employee recognition, and scheduling flexibility, among other criteria, but many employees surveyed disagreed. This disconnect further exacerbates the struggle many organizations face to retain talented employees.

"Companies can no longer afford to consider solutions primarily aimed at the office worker and must include solutions that work for the entire workforce, especially those who don’t perform their work from behind a desk," said Morini. "To cultivate an inclusive corporate culture with highly engaged employees, companies must now invest in solutions that offer the consumer-grade experiences modern workers expect while enabling organizations to adequately engage their employees and keep operations running efficiently."

Organizations can now benefit from advancements to the WorkForce Suite that include:

WorkForce Experience – Creates powerful employee experiences that strengthen workplace bonds with communication and collaboration channels, easy access to information, in-the-moment feedback, micro-training, self-service, and automation.

WorkForce Labor Forecasting – Harnesses the power of machine learning to improve forecast models by evaluating new and historical data to more accurately predict labor needs and demand levels and ensure optimal staffing.

WorkForce Scheduling – Enables a flexible, collaborative approach to scheduling while still ensuring the needs of the business and internal and external policies are met. Employers can ensure qualified employees are placed when and where work needs to happen, while employees can communicate availability and resolve last-minute conflicts.

WorkForce Insights – Assists managers and executives to make faster, more accurate decisions based on key performance indicators, dynamic executive dashboards, data visualizations, and real-time insights that help them proactively take action to avoid undesirable labor costs, shortages, or negative employee experiences.

"With these solutions, employers can deliver a compelling value proposition to their employees today and as their needs continue to adapt in the future," said Morini.

To learn more about the WorkForce Suite, including the new WorkForce Experience (EX) solution, visit:  www.workforcesoftware.com/workforce-suite/employee-experience/

About WorkForce Software
WorkForce Software is the first global provider of workforce management solutions with integrated employee experience capabilities. The company’s WorkForce Suite adapts to each organization’s needs—no matter how unique their pay rules, labor regulations, and schedules—while delivering a breakthrough employee experience at the time and place work happens. Enterprise-grade and future-ready, WorkForce Software is helping some of the world’s most innovative organizations optimize their workforce, protect against compliance risks, and increase employee engagement to unlock new potential for resiliency and optimal performance. Whether your employees are deskless or office workers, unionized, full-time, part-time, or seasonal, WorkForce Software makes managing your global workforce easy, less costly, and more rewarding for everyone.  For more information, please visit WorkForceSoftware.com.

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PR Newswire

Cyient to Release Mobius, a SaaS-Based Solution for Utility Company Outage Planning and Scheduling, Powered by Microsoft Azure

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– Solution from Microsoft Gold Partner Cyient leverages Microsoft technologies to address challenges faced by utilities industry

HYDERABAD, India, June 15, 2021 — Cyient, a global engineering and technology solutions company, has announced the launch of Mobius, a software-as-a-service (SaaS)-based solution and decision support platform. Mobius—hosted on Microsoft Azure—consolidates the outage planning and approval process within a central location to provide improved information flow for optimizing schedule plans.

Mobius provides customers with:

  • A robust and secure outage planning, scheduling, and visualization system built on a strong communication platform for addressing ongoing and future outages and curtailments
  • Transparency in communicating planned outages to all connections that may be impacted
  • Reduced outages on their network and easy risk/opportunity tracking, helping reduce outage costs that can affect operational budgets

Commenting on the launch, Kimberley Reed, Product Owner at Cyient, said, "We’re excited about the launch of Mobius. Planned network outages are a routine requirement for most utilities. With the growing need for decarbonization initiatives and increasing number of distributed energy resource (DER) customers connecting to existing networks, utilities are faced with the challenge of improved communication and transparency of planned outages with DER customers."

In developing Mobius, Cyient extensively employed the following Microsoft offerings:

    1. Azure DevOps was used to manage the solution backlog and roadmap, enabling continuous enhancement and functionality for Mobius with minimal disruption during customer rollouts.
    2. Azure provides a scalable environment to offer Mobius as a SaaS solution by boosting connectivity among corporate users and accounts, as well as between external DER customers and network planners.
    3. Azure Portal is employed to manage application elements.
    4. Azure Blob Storage is used to store outages and site attachments so they can be created and viewed by all users in a centralized location.
    5. Azure Application Insights and Dashboards enables the Cyient product support team via the continuous monitoring of the application and microservices.
    6. Azure SQL Database provides the ability to manage and easily scale the database as required.

"The Microsoft Azure cloud platform was the development back end for Mobius. Integration with Azure DevOps completely removed any manual deployment tasks and provided a repeatable deployment process that enabled Cyient to focus on testing, with the certainty that any issues after deployment would be the result of code changes rather than missed dependencies during deployment," Reed explained. "Azure DevOps provided a centralized tool to enable us to manage our product backlog, define sprints, and store our code in the Git-backed code repository. This greatly simplified the product release process and subsequent rollout to customers and end-users."

Learn more about Mobius here.

About Cyient:

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

Cyient partners with customers to operate as part of their extended team in ways that best suit their organization’s culture and requirements. Cyient’s industry focus includes aerospace and defense, medical technology and healthcare, telecommunications, rail transportation, semiconductor, geospatial, industrial products, and energy and utilities.

Rudra Bose | Satyaki Maitra 

Cyient Press Office – Genesis BCW 

+91 9811626585 | +91 99580 41503

rudra.bose@genesis-bcw.com | satyaki.maitra@genesis-bcw.com

 

Devina Wallang | Michelle Lobo

Cyient PR Team 

+91 7829673285 | +91 9833307424

devina.wallang@cyient.com | michelle.lobo@cyient.com

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PR Newswire

Nium and Travelex launch new digital remittance offering in Hong Kong

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Travelex International Money Transfer aims to offer Hong Kong residents a faster and convenient method to transfer money overseas

HONG KONG, June 15, 2021 — Travelex, one of the market leading foreign exchange brands, alongside advanced global payments platform Nium, has today announced the launch of its new digital remittance offering ("Travelex International Money Transfer") to users in Hong Kong. Already live in Australia and Singapore, this digital remittance offering – powered by Nium’s global payment rails and real-time payment capabilities – enables Travelex users in Hong Kong to remit money to more than 50 markets across the world almost instantly[1]. 

 

Over recent years, Hong Kong has developed a diversified and inclusive payment ecosystem that enables residents to make instant domestic fund transfers via the Faster Payment System (FPS)[2]. However, cross-border payment remains to be a challenge given the long processing time and high costs involved, with the local government looking at ways to enhance and speed up its cross-border bank remittance services.

Cameron Hume, Managing Director, Travelex Asia Pacific said, "Expanding our Travelex digital suite to offer digital remittance services to users in Hong Kong is a natural next step for us. With social distancing measures still in place across the globe, we understand the growing need for customers to have access to faster and more convenient ways to transfer funds across borders. We are excited to offer this new service to Hong Kong users, providing them a seamless way to send funds abroad."

As part of this partnership, Travelex will leverage Nium’s Remittance-as-a-Service (RaaS) solution, which makes it easier for companies to become payment providers and offer remittance services on their own digital platforms. With RaaS, businesses are not required to build their own payment infrastructure. Instead, they can simply build their brand on top of an existing platform and leverage Nium’s extensive portfolio of regulatory licenses in over 40 countries. 

Prajit Nanu, Co-Founder and CEO of Nium, said, "At Nium, we understand the difficulties for businesses to introduce remittance services at scale. This is why our RaaS solution aims to make it more accessible for enterprises of all sizes to facilitate their own payment systems. With a thriving fintech scene in Hong Kong, we’re excited to introduce this remittance service to help boost the city’s status as a global financial centre."

A Travelex International Money Transfer mobile app will be launched in Hong Kong shortly. Travelex will also continue to expand its digital remittance offering to major markets in Asia Pacific in the coming months. Consumers in Hong Kong, Singapore, and Australia can now access Travelex International Money Transfer via their local Travelex website.

[1] In markets where Nium offers real-time services. For full details, please visit: https://www.nium.com/network/.

[2] A New Trend for Fintech – Cross-border Payment, HKMA, December 2020

About Nium

Nium is a next-generation financial services platform that enables companies around the world to unlock new revenue opportunities and improve cash flow economics. Nium is a leader in its geographical and payment service breadth, owning licenses in the world’s largest and fastest-growing economies. Our modular platform allows banks, payment providers, travel companies, and other businesses to collect and disburse funds in local currencies to over 100 countries, plus issue physical and virtual cards globally. Our proprietary set of APIs embeds financial services and can bring to life multiple B2B and B2C use cases in a matter of weeks.

Nium is part of CB Insights Fintech 250, which highlights the most promising Fintech companies globally. Today, Nium serves over 130 million customers and enables platforms to provide access to financial services to over 3 billion people across the world. For more information, visit: http://www.nium.com.

About Travelex

Founded in 1976, Travelex has grown to become one of the market leading specialist providers of foreign exchange products, solutions and services, operating across the entire value chain of the foreign exchange industry in more than 20 countries. Travelex has developed a growing network of over 900 ATMs and more than 1,100 stores in the some of the world’s top international airports and in major transport hubs, premium shopping malls, high street locations, supermarkets and city centres.

Travelex has built a growing online and mobile foreign exchange platform, and also processes and delivers foreign currency orders for major banks, travel agencies and hotels worldwide. In addition, the group sources and distributes large quantities of foreign currency banknotes for customers on a wholesale basis – including for central banks and international financial institutions. Travelex also offers a range of remittance and international money transfer products around the world.

For more information, visit:
www.travelex.com.hk 

PR Newswire

Eaton launches new micro data centre and UPS offerings to enable performance excellence in edge deployment and energy-efficient power management

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Eaton’s latest iCube 2.0 and 9PX UPS product enhancements aim to deliver edge-deployable, energy-efficient solutions to organisations looking to future-proof their data centre infrastructure.

SINGAPORE, June 14, 2021 — Global power management company Eaton recently announced two new additions to its micro data centre (MDC) and 9PX uninterruptible power supply (UPS) series – the iCube 2.0 and the 9PX lithium-ion UPS. Tailored to address the unique needs and pain points of Asian organisations looking to future-proof their data centre infrastructure, these new regional solutions enable businesses to achieve information and operational technology excellence, while positioning their enterprise for success in the ongoing energy transition.

"Amidst the global shift towards renewables, pandemic-accelerated digitalisation has led to the rise of edge computing. Continued technological advancements are transforming the way data is processed, managed and delivered. Against this backdrop, MDC and UPS solutions are playing an increasingly bigger role in bridging the gap in edge computing and ensuring critical applications keep running with minimal environmental impact," said Jimmy Yam, Vice President, Electrical Sector, East Asia, Eaton. "With prolonged remote working arrangements and expected growth in digitalisation, the need for fast and sustainable computing capacity will only increase. The introduction of iCube 2.0 and 9PX Lithium-ion UPS will help address this demand while still ensuring energy efficiency."

iCube 2.0 – an enhanced micro data centre solution for energy-efficient excellence at the edge

Eaton iCube 2.0 (Micro Data Center 2.0)
Eaton iCube 2.0 (Micro Data Center 2.0)

An upgrade of Eaton’s pre-existing MDC 1.0 solution, iCube 2.0 is designed to address key challenges and common user pain points in edge deployments, such as space constraints and the lack of technical expertise in designing and deploying solutions from scratch.

Unlike the first-generation MDC 1.0 solution, iCube 2.0 can be customised to a variety of rack sizes. IT managers can choose from iCube 2.0’s line-up of cabinet dimensions. This ranges from basic racks outfitted with mission-critical equipment that are designed for small offices, to prefabricated multi-rack solutions for mid-sized to large offices. This flexibility enables organisations to optimise their unit room space utilisation and scale their deployments according to evolving operational needs. It also translates into lower deployment and maintenance costs, ultimately delivering greater cost-effectiveness to organisations with its reduced total cost of ownership (TCO).

As an integrated and prefabricated plug-and-play solution, iCube 2.0 also offers IT managers ease of deployment. It requires minimal maintenance and manpower requirements with its built-in intelligent management software system, which provides comprehensive monitoring of environmental parameters as well as automated alerts and predictive analytics for optimal performance. At the same time, iCube 2.0’s class 8 seismic rating and best-in-class certifications[1] enable it to be safely deployed in unfavourable environments that may be dusty, hot, humid and even earthquake-prone.

9PX lithium-ion UPS – a greener and smarter way to safeguard the power supply of critical infrastructure

9PX Lithium 1-3K with 1 EBM rack mounted
9PX Lithium 1-3K with 1 EBM rack mounted

The latest addition to Eaton’s enterprise-class 9PX UPS series is a greener, more efficient lithium-ion (Li-ion) refresh of its current VRLA-powered offerings. Benchmarked as best in the market, this product upgrade continues Eaton’s proven track record in Li-ion UPS deployments, particularly in the Southeast Asia region.

With technology advancements driving down production and deployment costs, Li-ion powered UPS solutions have been growing in popularity in recent years due to its smaller footprint, shorter charging cycle, longer lifespan and TCO savings[2].

Outfitted with lithium iron phosphate (LFP) batteries – one of the safest and longest lasting Li-ion solutions currently available in the market, Eaton’s 9PX Li-ion UPS is Energy Star-certified and delivers industry-leading energy efficiency of up to 94% in online mode. Aside from lower CO2 emissions, the UPS solution provides greater floor space utilisation with a smaller physical footprint and overall weight reduction[3]. It is also equipped with intelligent battery management system (BMS) software as well as critical cybersecurity features[4], which provide organisations with the increasingly important ability to optimise energy and capacity management, and protect against hackers.

In addition, the 9PX Li-ion UPS comes equipped with Eaton’s Intelligent Power Manager which allows for deep integration with VMware and HyperV virtual environments, improves infrastructure resiliency against adverse power and environmental events through disaster recovery automation, and enables advanced load shedding capabilities to power critical operational loads longer.

Together with its reduced energy and cooling costs as well as its service life of eight to ten years, Eaton’s 9PX Li-ion UPS delivers overall, long-term TCO savings as it does not require replacement external battery modules, or the additional labour and shipping costs associated. This is particularly true for organisations which face challenges in servicing due to remote locations or large deployments, frequent power outages, or run critical applications that demand zero downtime.

"Constant power is required to keep applications or servers running 24/7, especially in the era of edge computing; but this can be detrimental to the environment in the long run," Yam added. "Balancing business growth and agility in the data-driven economy against sustainability goals is a challenge which organisations will increasingly face. But with the right technology, partners and strategy, businesses will be able to navigate these complex yet complimentary priorities – and ultimately come out ahead."

More information on iCube 2.0 and 9PX Li-ion UPS are available on their respective webpages. Businesses looking for innovative solutions to future-proof their data centre infrastructure may also sign up for upcoming webinars and access on-demand videos at Eaton’s Transform Your Data Center resource hub.

About Eaton Electrical Sector

Eaton’s electrical business is a global leader with deep regional application expertise in power distribution and circuit protection; power quality, backup power and energy storage; control and automation; life safety and security; structural solutions; and harsh and hazardous environment solutions. Through end-to-end services, channel and an integrated digital platform and insights Eaton is powering what matters across industries and around the world, helping customers solve their most critical electrical power management challenges.

Eaton’s mission is to improve the quality of life and the environment through the use of power management technologies and services. We provide sustainable solutions that help our customers effectively manage electrical, hydraulic, and mechanical power – more safely, more efficiently, and more reliably. Eaton’s 2020 revenues were $17.9 billion, and we sell products to customers in more than 175 countries. We have approximately 94,000 employees. For more information, visit Eaton.com.

[1] iCube 2.0 is tested to support equipment loads up to 1,800 kg and meets a range of internationally and regionally recognised industry standards, namely the TLC, UL, and CE certifications for MDC, UPS and precision cooling technologies.

[2] Compared to traditional VLRA technologies, Li-ion batteries have 3 times smaller footprint and 3 times longer lifespan, and are 70% smaller in weight and 4 times fast-charging. Overall, they typically do not require replacements, unlike VLRA batteries, and are able to offer up to 50% in TCO savings.

[3] 20% reduction in UPS weight and more than 40% reduction in external battery module (EBM) weight. The EMB size is also reduced to 1U, while the UPS meets the industry standard 2U size.

[4] Key cybersecurity and virtualisation features include the Network-M2 gigabit network card – Eaton’s UPS connectivity device that helps secure UPS in data centre environments, and dual international UL 2900-1 and IEC 62443-4-2 cybersecurity certifications.

PR Newswire

Dreame T30 Cordless stick Vacuum to Debut in Europe via AliExpress

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BEIJING, June 12, 2021 — Dreame Technology, a growing innovative company specializing in smart home cleaning appliances, has taken another big step in creating a smarter and cleaner home with its new generation product—Dreame T30 cordless stick vacuum. Powered by cutting-edge technology, Dreame T30 cordless stick vacuum will hit the shelves of AliExpress in Europe at 9 am CET, June 14.

Dreame T30 is meant to bring transcendent cleaning experiences for your home
Dreame T30 is meant to bring transcendent cleaning experiences for your home

Since early 2020, people’s lifestyle has altered tremendously due to the raging pandemic all over the world. As people began to spend more time working from home and staying with family, they may find airborne particles and hidden dust a nuisance or even a health threat particularly for those allergic to dust mites. Dreame technology has been fully aware of such an urgent demand and launches Dreame T30 to bring transcendent cleaning experiences for home.

Industry-leading Motor and Strong Suction Power
Dreame T30 boasts a 150K PRM ultra-high-speed motor that generates strong suction power and whole machine filtration which captures micro particles, such as pollen and bacteria, for an effective deep clean. Even with such a powerful motor and strong suction power, its 8-layer noise reduction system keeps the noise to a minimum level, bringing pleasant and quiet cleaning experiences.

Long Battery Life and Removable Battery Pack
The performance of a vacuum cleaner depends not only on the suction power and filtration, but also its run-time and internal system. Dreame T30 features a 8*2900mAh lithium-ion polymer battery pack, with 90min runtime in Eco mode. Its detachable battery design allows more convenient recycling and energy protection. With streamlined configuration and smart cooling, Dreame T30 keeps the battery running in a consistent temperature to ensure a steady and impressive performance.

Intelligent HD Screen and Auto-adapt Cleaning
Dreame T30 also highlights an intelligent HD screen that displays real-time data to inform users of cleaning record, dust detection, filter replacement, battery life, etc., allowing users to get a grip on cleaning.

Besides that, its dirt-detection sensor can automatically adjust suction power based on the amount of dust it senses. In other words, when Dreame T30 detects a big mess of dust, its suction power is triggered to increase automatically. When dust level falls, the suction power is reduced to its normal mode.

Dreame T30’s launch lasts from 9:00 a.m. CET, June 14 to 08:59 a.m. CET, June 26, with promotional price of $379.99 at AliExpress. The top 150 customers will get a FREE Dreame Cordless Rotary Electric Mop (worth $139). During this period, if you want to buy an additional T30 battery pack (originally priced at $100), you only need to pay $30.

About Dreame Technology 
Established in 2015, Dreame Technology, an innovative consumer product company, focuses on smart home cleaning appliances with the vision to improve global users’ life quality through technology. Follow us on Facebook, Instagram and Twitter. For more information, please visit https://www.dreame-technology.com.

PR Newswire

Meridian Capital-Backed Zhipin.com Lands on Nasdaq

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BEIJING, June 12, 2021 — On June 11, China’s largest online recruitment platform, Zhipin.com, successfully listed on the Nasdaq Stock Exchange, with the stock code BZ. In this IPO, 48 million American Depositary Shares (ADS) were issued, and the total funds raised exceeded USD1 billion. The company’s overall valuation exceeds USD8 billion.

Meridian Capital is an important institutional investor of Zhipin.com. After Zhipin.com’s founding in 2014, an in-depth communication between Meridian Capital and Zhipin.com’s founders started at the beginning of 2015, and by September of that year Meridian Capital had developed the investment framework and term sheet to become the company’s lead investor in the first round of Series C funding.

Subsequently, Meridian Capital increased its investment in Series C2 financing, and has been helping and accompanying the growth of Zhipin.com for more than 6 years.

Ji Wei, the founding Managing Partner of Meridian Capital, said, Zhipin.com has subverted the traditional resume-centric recruitment mode, promoting the efficient connection between recruiters and job seekers, and greatly improving the efficiency of talent matching.

In this case, initially, Meridian Capital was also a user of Zhipin.com, and later became its investor.

Ji Wei, Founding Managing Partner of Meridian Capital, Gaonan Zhang, Managing Partner of Meridian Capital with the Founder of Zhipin.com
Ji Wei, Founding Managing Partner of Meridian Capital, Gaonan Zhang, Managing Partner of Meridian Capital with the Founder of Zhipin.com

Meridian Capital is a leading venture capital firm in China. Up to now, Meridian Capital has managed over RMB8.5 billion of capital and invested in more than 190 companies. Meridian Capital has continually been active in the digital economy space, especially with regard to technology empowerment enterprises.

In addition to Zhipin.com, Meridian Capital has also invested in industry leading companies including Weimob, Biren Technology, DeepBlue Technology, Joyou.com, Beagledata. Meridian Capital has acted as the lead investor for 91% of all of its investment projects.

From the statistical data it can be seen that Meridian has successfully exited from more than 40 portfolios either through an IPO or through M&A, and nearly two-thirds of the companies it has invested in have completed multiple subsequent rounds of financing.

Zhao Peng, founder and CEO of Chinese tech sector recruitment leader Boss Zhipin
Zhao Peng, founder and CEO of Chinese tech sector recruitment leader Boss Zhipin

In the future, there is still considerable room for growth for Zhipin.com. CIC research data shows that the scale of China’s online recruitment market is expected to increase from RMB55.1 billion in 2020 to RMB223.4 billion in 2025, with a CAGR of 32.3%. 

Contact: gloria.xiang@meridiancapital.com.cn