Tag Archives: PER

OLIVER WYMAN STRENGTHENS INDONESIA CAPABILITIES WITH SENIOR APPOINTMENT


JAKARTA, Indonesia, Aug. 14, 2023 /PRNewswire/ — Global management consultancy, Oliver Wyman, today announced the addition of Erik Koenen as a Partner based in Jakarta. With his extensive experience in the Financial Services sector, Erik will collaborate with Oliver Wyman’s Southeast Asia leadership team to enhance the firm’s offerings in Indonesia.

This strategic move represents Oliver Wyman’s commitment to further invest in the Indonesian market. Currently serving a diverse range of clients in the Financial Services, Energy and Natural Resources, and Transportation sectors, the firm aims to deepen its capabilities in Indonesia, specifically in the areas of Digital Transformation (including AI and Advanced Analytics), Climate and Sustainability, Business Performance Improvement, and Enterprise Risk Management.

Seo Young Lee, Partner and Head of Southeast Asia, said: “Indonesia’s robust economic growth[1] and promising outlook have driven demand for Oliver Wyman’s expertise as businesses recover from the pandemic. The addition of Erik to the team, at this inflection point positions us well to meet these growing client needs in Indonesia and the region.”

Erik added: “I have always admired Oliver Wyman and its talented people, who approach challenges with humility and focus, to help organizations navigate complex and unprecedented issues. In Indonesia, I aim to further strengthen the firm’s local strategy and commitment to provide insightful guidance, work alongside our clients, and deliver breakthrough impact.”

With over 25 years of experience, including 16 years in Indonesia, Erik has held senior positions in prominent technology conglomerates, consulting firms, and banks. Prior to joining Oliver Wyman, Erik worked at Google Cloud, where he led the technology strategy targeted at the largest population of digital natives in Southeast Asia.

About Oliver Wyman

Oliver Wyman is a global leader in management consulting. With offices in more than 70 cities across 30 countries, Oliver Wyman combines deep industry knowledge with specialized expertise in strategy, operations, risk management, and organization transformation. The firm has more than 6,000 professionals around the world who work with clients to optimize their business, improve their operations and risk profile, and accelerate their organizational performance to seize the most attractive opportunities. Oliver Wyman is a business of Marsh McLennan [NYSE: MMC].  

For more information, visit www.oliverwyman.com. Follow Oliver Wyman on Twitter/X @OliverWyman

ASC Launches New Branch in Australia


New office amplifies the company’s commitment to expanding compliance recording for Microsoft Teams in the Australian and New Zealand market

SYDNEY, July 7, 2023 /PRNewswire/ — ASC Technologies today announced the establishment of its new subsidiary, ASC Technologies ANZ, based in Sydney, Australia. With this step, the global leader of software solutions and cloud services in the field of compliance recording, quality management and analytics, responds to an increasing demand for compliance recording solutions within regulated industries, especially financial services, propelled by a strong adoption of Microsoft Teams in Australia and New Zealand.

The newly formed branch marks a natural progression in the company’s geographic expansion and is a testament to the fruitful partnership with Microsoft. “We have high hopes for the Microsoft Teams Compliance Recording market, which is starting to scale in Australia and New Zealand,” said Gerald Kromer, CEO of ASC Technologies. “Over the past five years we have been working closely together with Microsoft to make regulatory compliance in Microsoft Teams as easy as possible. With our certified, native compliance recording service we can meet the growing demand of the financial market to meet the strict regulatory framework for online consultations that take place on Microsoft Teams.”

ASC establishes a local team and presence
Locally representing the new branch is Sreekanth Sreevalsam, the newly appointed Director of Solution Engineering and Sales for Australia and New Zealand. “By establishing a local team and presence, we want to offer our new customers, partners, and stakeholders from Australia and New Zealand the best possible support. We’re excited to welcome Sreekanth to our family of experts, who will guide our new clients towards modern compliance recording and analysis,” adds Kromer.

ASC’s solution for compliance recording and analytics, Recording Insights, is the first solution to be listed in the Microsoft Cloud for Financial Services. Since its launch in May 2020, Recording Insights has become an indispensable tool for all those companies that need to comply with legal regulations, prevent fraud and manage risks effectively. Already customers from different industries have their Australian users recorded with ASC’s compliance recording solutions; among them a global pharma company and a global insurance company.

About ASC

Dstny Appoints Christophe Costers as Chief Operating Officer (COO)


BRUSSELS, July 4, 2023 /PRNewswire/ — Dstny, a leading European provider of cloud-based business communications, today announced the appointment of Christophe Costers as Chief Operating Officer. Christophe who is an experienced business leader with a strong track record in transformational management, will drive Dstny’s business performance and sustainable growth.

Christophe Costers brings nearly 20 years of diverse experience in various business functions, including P&L ownership, strategy consulting, and entrepreneurship. In addition, he has extensive industry expertise in Telecom/ICT services and private equity. Costers has solid international experience in over 25 countries in developed and emerging markets.

Most recently, he held several senior management roles at Telenet, a leading Belgian Telco with ~€2.6Bn revenues, where he consistently demonstrated exceptional performance and leadership.

“Our industry is undergoing rapid transformation, and Christophe’s unique blend of skills and experience make him the ideal person to lead our business performance initiatives,” said Daan De Wever, CEO of Dstny. “With Christophe on board, we are confident in our ability to accelerate our growth and boost vitality for our customers, partners, employees, and planet.”

“I am thrilled to join Dstny and work alongside a talented team to further strengthen the company’s position as a leader in cloud-based Business Communications,” said Christophe. “I look forward to leveraging my experience to drive sustainable growth and help Dstny deliver exceptional value to our customers and partners.”

About Dstny

Dstny is a premier European provider of cloud-based business communications solutions. With more than 3 million users, Dstny simplifies communication for companies, partners, and service providers with interactive tools delivered as-a-service across all formats, including voice, video, and chat. Featuring a mobile-first design and easy integration, Dstny’s innovative technology and strong local partnerships allow for delivering exceptional user experiences. Headquartered in Brussels, Dstny has ca. 1000 employees in 7 European countries and a ca. €250 million annual revenue.

Learn more at www.dstny.com.

For further information:
Christian Hed – CMO
Dstny 
christian.hed@dstny.com
+46707187603

MINDSHARE NAMED CANNES LIONS MEDIA NETWORK OF THE YEAR 2023


CANNES, France, June 23, 2023 /PRNewswire/ — Mindshare, the media services company that is part of GroupM and WPP, has been named Media Network of the Year at the 2023 Cannes Lions International Festival of Creativity.

Mindshare team celebrates winning Media Network of the Year 2023
Mindshare team celebrates winning Media Network of the Year 2023

The agency, picking up the award for the second time in four years after winning in 2019, was chosen by a cross-industry panel of international judges for campaigns run in the US, India, the UK and Australia.

The Grand Prix in media was awarded to #TurnYourBack – a campaign created by Ogilvy and DAVID, with media from Mindshare, for Dove:

The Bold Glamour filter presents an “ideal” of beauty, and it looks very real. Almost too real. Dove has always fought against damaging and unrealistic expectations of beauty. Dove is encouraging people to #TurnYourBack on the Bold Glamour filter. The influencer-led campaign started with creators sharing their feelings on the filter and the damage it can do to their perception and expectation of what constitutes beauty.

#TurnYourBack also won a further Gold Media Lion in the Consumer Goods category.

Mindshare was additionally awarded a Silver Lion for Media Planning for the #StandUpToJewishHate – Blue Square campaign for the Foundation to Combat Anti-Semitism (FCAS), which it worked on with Wunderman Thompson in the US; a Silver Lion for its media work on the FitChix campaign, which was entered by VMLY&R in Australia, and a Bronze Lion for Use of Data & Analytics for the Thumbstopping Beauty Biases campaign for Dove in India.

Adam Gerhart, Global CEO Mindshare, said: “We are incredibly honored, humbled and beyond thrilled to be named Media Network of the Year for the second time in four years by a jury of our peers. This award is testament to the energy and empathy that everyone at Mindshare displays every day to help drive Good Growth and this award belongs to every one of our amazing people, our partners and our clients.”

About Mindshare:

Mindshare is a media services company that accelerates Good Growth for its clients in the age of transformation. The solutions we create are both Good for consumers and drive Growth for our clients. We were the first purpose built company created by WPP and today we are 10,000 people working in 116 offices in 86 countries, helping to drive Good Growth for our clients, our people, the industry and the world. www.mindshareworld.com

Quantinuum Brings Quantum-Computing-Hardened Encryption Keys to the Device Level for the First Time – Introducing Quantum Origin Onboard

Critical software-based protection for a range of connected devices

LONDON and BROOMFIELD, Colo, June 14, 2023 /PRNewswire/ — Quantinuum, the world’s largest integrated quantum computing company, today announced the launch of Quantum Origin Onboard, an innovation in cryptographic key generation that provides quantum computing hardened cyber protection for a wide range of connected devices by maximizing the strength of keys generated within the devices themselves. 

The risk of cyberattacks compromising organizations continues to grow. As cybercriminals uncover new techniques to exploit connected systems and their data, even the cryptographic foundations of cybersecurity measures remain vulnerable to advanced threats. Cryptographic keys created using current typical methods deployed by organizations around the world are not provably unpredictable, leaving encrypted data and systems potentially at risk of devastating attacks. Quantinuum’s quantum-computing-hardened cryptographic key enhancement solution provably minimizes the risk that businesses generate and use vulnerable encryption keys to protect encrypted data.

“While quantum computing has the potential to render current encryption algorithms obsolete, posing a significant challenge to businesses and individuals alike, already today sophisticated attackers can take advantage of vulnerable encryption keys,” said Dr. Rajeeb Hazra, CEO of Quantinuum. “With our Quantum Origin Onboard and the overall Quantum Origin platform, organizations can fortify defenses across multiple endpoints and embrace the possibilities of a quantum-secure future. The next era of data security is here, and we are proud to be at the forefront as we collaborate with organizations worldwide.”

Strengthening encryption at the device level

Quantum Origin Onboard is the first and only commercially available enterprise software solution capable of delivering quantum-computing-hardened key enhancement. It can be installed directly onto devices and used to help deliver unparalleled foundational-level protection. Quantum Origin Onboard brings cutting-edge, enterprise-level security that integrates directly into connected devices without the need for additional hardware upgrades. This unique approach ensures that devices in any environment, online or offline, can generate quantum-computing-hardened keys to continually maximize the strength of encryption measures protecting devices.

Quantum Origin Onboard embeds a quantum seed, created by Quantinuum’s H-Series quantum computer, into devices. The seed is a string of provably unpredictable numbers, which enhance a device’s capability to generate strong and secure keys.

“Enterprises are recognizing they can build unprecedented resilience by adopting quantum-computing-hardened cryptographic keys,” said Duncan Jones, Head of Cybersecurity at Quantinuum. “This is a paradigm shift, and enterprises in critical industries are embracing the opportunity to minimize a risk to one of their attack surfaces, specifically device-level encryption on internet connected products that might be in the field for a decade.”

The growing security threat to embedded devices

The growing use of connected devices continues to underpin innovation across industries, from critical infrastructure to healthcare to transportation to energy. As adoption has risen, cybercriminals have increasingly targeted vulnerable interconnected devices, causing mass disruption. One of the most infamous examples of the power of IoT-based attacks is the Mirai malware that infected IP cameras and basic home routers, creating a botnet that compromised a leading Domain Name Systems provider, leaving many high-profile websites inaccessible.

Quantum Origin Onboard embeds an industry-leading security capability into connected devices, to strengthen device security against advanced cyber-attacks, by minimizing an exploitable cyber vulnerability. As the only software solution of its kind, it simplifies deployment and provides uninterrupted key generation for connected devices and the data they manage.

For more information, visit http://www.quantinuum.com/cybersecurity/quantumoriginonboard.

About Quantinuum 

Quantinuum is the world’s largest quantum computing company, formed by the combination of Honeywell Quantum Solutions’ world leading hardware and Cambridge Quantum’s class leading middleware and applications. Science led and enterprise driven, Quantinuum accelerates quantum computing and the development of applications across chemistry, cybersecurity, finance, and optimization. Its focus is to create scalable and commercial quantum solutions to solve the world’s most pressing problems, in fields such as energy, logistics, climate change, and health. The company employs over 480 people including 350 scientists, at nine sites in the US, Europe, and Japan. 

SDAIA and World Bank Group Meet and Discuss the Kingdom’s Global Role in Digital Development Policies


RIYADH, Saudi Arabia, June 13, 2023 /PRNewswire/ — His Excellency Dr. Esam A. Alwagait, Director General of National Information Center at the Saudi Data and Artificial Intelligence Authority – SDAIA, received Ms. Christine Zhenwei Qiang, Director of the Digital Development Global Practice at the World Bank today at SDAIA headquarters in Riyadh, and her accompanying delegation, in the presence of several officials from SDAIA.

His Excellency discussed with the Director of the World Bank’s Digital Development Global Practice the Kingdom’s role in the Digital Development Partnership (DDP) that aims to enable growth and prosperity in developing countries. In addition, the two parties discussed SDAIA’s efforts in the DDP Partnership Council, the Kingdom’s experience and competitive gains at the international level, and the DDP 2.0 strategy, which includes several areas and priorities for digital development policies in developing countries. Last year, the Kingdom, represented by SDAIA, joined the multi-donor trust fund, which is administered by the World Bank, as a partner.

During the visit, SDAIA organized a meeting in the presence of several government entities’ representatives, including the Ministry of Energy, the Ministry of Communications and Information Technology, and the Saudi Fund for Development, as well as representatives of the Communications, Space and Technology Commission, the National Cybersecurity Authority, the Digital Government Authority, King Abdullah University of Science and Technology and the Public Investment Fund, represented by SCAI and Elm.

During the meeting, participants discussed the leading practices in the Kingdom in digital development, the Kingdom’s policies in this area, and the effective role the Kingdom plays in promoting digital development policies at the international level in addition to aligning and supporting efforts related to digital development in developing countries.

NaaS Technology Inc. Announces Director Change

BEIJING, June 10, 2023 /PRNewswire/ — NaaS Technology Inc. (Nasdaq: NAAS) (“NaaS” or the “Company”), the largest third-party charging network in China, today announced that Mr. Zhongjue Chen has resigned as a director of the Company for personal reasons, effective June 10, 2023.

Mr. Zhen Dai, Chairman of the Board commented, “On behalf of the board and everyone at NaaS, I would like to express our thanks to Mr. Zhongjue Chen for his contributions and dedication to the Company during his tenure on the board. We wish him all the best in his future endeavors.”

Mr. Chen commented, “It has been an honor to serve on the board of NaaS and witness all the tremendous achievements. I wish the Company all the best going forward.”

About NaaS Technology Inc.

NaaS Technology Inc. is the first U.S. listed EV charging service company in China. The Company is a subsidiary of Newlinks Technology Limited, a leading energy digitalization group in China. The Company provides one-stop EV charging solutions to charging stations comprising online EV charging, offline EV charging and innovative and other solutions, supporting every stage of the station lifecycle. As of March 31, 2023, NaaS had connected over 575,000 chargers covering 55,000 charging stations. In the first quarter of 2023, charging volume transacted through the Company’s network reached 1,023 GWh and gross transaction value reached RMB990.5 million. On June 13, 2022, the American depositary shares of the Company started trading on Nasdaq under the stock code NAAS.

For investor and media inquiries, please contact:

Investor Relations
NaaS Technology Inc.
E-mail: ir@enaas.com
Media inquiries:
E-mail: pr@enaas.com

Source: NaaS Technology Inc.

Abu Dhabi Motorsports Management and Flash Entertainment join forces to form an events, entertainment, and venue management powerhouse

Global ambitions set as ‘Ethara’ is launched in Abu Dhabi

ABU DHABI, United Arab Emirates, May 16, 2023 /PRNewswire/ — Abu Dhabi Motorsports Management (ADMM) and Flash Entertainment (Flash) have officially integrated their activities and operations, combining the complementary expertise of the two entities to launch a new powerhouse that will shape the future of events, entertainment, and venue management throughout the Middle East and beyond.

The integration of the two entities to launch a new powerhouse in Ethara will shape the future of live events, entertainment and venue management throughout the Middle East and beyond.
The integration of the two entities to launch a new powerhouse in Ethara will shape the future of live events, entertainment and venue management throughout the Middle East and beyond.

The company has been named ‘Ethara’ – meaning ‘thrill’ in Arabic – and launches today (May 15). Its ambition is to shape the untapped and unique opportunities in the live events space while continuing to deliver growth that has firmly positioned the Middle East on the global entertainment stage.

Ethara is led by Saif Al Noaimi, formerly the CEO of Abu Dhabi Motorsports Management and Board Member of Flash Entertainment, who will bring his proven leadership to drive commercial expansion across new markets.

Al Noaimi, CEO of Ethara, said: “By combining our strengths, we are perfectly positioned to make memorable moments that matter. By integrating the activities and operations of two of Abu Dhabi’s pioneering entertainment and event management titans, Ethara will further establish the Emirate as an economic engine in the entertainment, event management, and sports industries, locally, regionally, and internationally.”

He added: “We have an unrivalled wealth of expertise, experience, knowledge and skills, which will propel Ethara’s success far beyond what either company could achieve alone – all powered by world-class creativity and innovation.”

ADMM and Flash have collectively conceptualised, produced, promoted, and delivered over 700 major events to more than 16 million fans in the 15 years since their inception. These events have included the Formula 1 Etihad Airways Abu Dhabi Grand Prix, Yasalam After-Race Concerts, Mubadala World Tennis Championships, FIFA Club World Cup, AFC Asian Cup, NBA Abu Dhabi Games, UFC, national celebrations and festivals, as well as many more spanning sport, music, culture, entertainment, corporate, and MICE events.  

Ethara welcomes the teams from both organisations under the new entity across offices in Abu Dhabi, Dubai, and Riyadh. Through the combination of expertise, Ethara will now seek to drive reach through an innovative approach to technology and future-focused ambitions across key markets.

“Ethara provides an exceptional platform to realise our collective potential and create experiences of the future, today,” said Al Noaimi. “Ethara is a people-first event, and entertainment powerhouse that promotes and delivers best-in-class experiences.”

Ethara will continue to manage and oversee an impressive portfolio of assets, including: Etihad Park, the region’s largest open air venue; Etihad Arena, the Middle East’s largest indoor multi-purpose, state-of-the-art entertainment venue; Abu Dhabi’s iconic Formula 1® circuit, Yas Marina Circuit; along with the Yas Conference Centre, offering versatile conference, meeting and events spaces with stunning Yas Island views.

The company will also nurture and enhance existing relationships with local and international partners, which have been established since the inception of both organisations, as well as creating new partnerships that will see future, first-to-market events, ideas and activations.

Ethara is led by CEO Saif Al Noaimi, who will bring his proven leadership to drive commercial expansion across new markets.
Ethara is led by CEO Saif Al Noaimi, who will bring his proven leadership to drive commercial expansion across new markets.

Boqii Announces Board Changes

SHANGHAI, May 9, 2023 /PRNewswire/ — Boqii Holding Limited (“Boqii” or the “Company”) (NYSE: BQ), a leading pet-focused platform in China, today announced that each of Ms. Noorsurainah (Su) Tengah and Mr. Leaf Hua Li has resigned from their positions as the Company’s directors due to personal reasons, effectively immediately. The Company further announced that Mr. Su Zhang has been appointed as an independent director of the Company and a member of the Audit and Nominating committees of the board, effective immediately.

Mr. Su Zhang, with over 28 years of experience in the technology and internet industry, has worked at Microsoft and other international well-known technology enterprises for more than 20 years. He has served as the general manager of Microsoft (China) General Enterprise Business Division in South China.  The board of directors welcomes Mr. Su Zhang to the Company and wishes to extend its deep gratitude to Ms. Tengah and Mr. Li for their contributions to the continued growth of Boqii throughout the years. Mr. Hao Liang, Boqii’s Founder, Chairman and Chief Executive Officer, said: “We are pleased to have Mr. Su Zhang join our board. His deep expertise in technology, internet and management makes him a perfect fit for our board and our business. As we welcome the new addition to our board, we would also like to thank Ms. Tengah and Mr. Li for their support and services to us over the years. We wish them the very best in their future endeavors.”

About Boqii Holding Limited

Boqii Holding Limited (NYSE: BQ) is a leading pet-focused platform in China. We are the leading online destination for pet products and supplies in China with our broad selection of high-quality products including global leading brands, local emerging brands, and our own private label, Yoken and Mocare, offered at competitive prices. Our online sales platforms, including Boqii Mall and our flagship stores on third-party e-commerce platforms, provide customers with convenient access to a wide selection of high-quality pet products and an engaging and personalized shopping experience. Our Boqii Community provides an informative and interactive content platform for users to share their knowledge and love for pets.

For investor and media inquiries, please contact:

Boqii Holding Limited
Investor Relations
Tel: +86-21-6882-6051
Email: ir@boqii.com

DLK Advisory Limited
Tel: +852-2857-7101
Email: ir@dlkadvisory.com

Straive Appoints Ankor Rai as Chief Executive Officer


SINGAPORE, May 3, 2023 /PRNewswire/ — Straive, a leader in delivering technology-driven data/AI solutions for EdTech, Research, and Information Services to leading global organizations, today announced the appointment of Ankor Rai, an experienced data technology leader, as its Chief Executive Officer. Straive is owned by BPEA EQT, part of EQT Group, a purpose-driven global investment organization focused on active ownership strategies.

Ankor succeeds Ratan Datta, who led Straive for over a decade, with the last seven years as President and CEO. Effective May 1, Ratan will assume the role of Vice Chairman to support the transition to Ankor and will continue to be a member of Straive’s board of directors.

Ankor joins Straive from EXL, where he was a member of the Executive Committee and served as Executive Vice President and Chief Digital Officer. Over 20+ years, Ankor has led the growth of high-value data-led tech businesses by developing high-impact solutions for Fortune 1000 companies across North America, the UK, and Asia. Ankor helped grow EXL’s Analytics business from a niche analytics practice into a full-stack analytics powerhouse. Before that, he was a partner at Inductis, one of the original pioneers of data and analytics in the industry.

“Over the last 15 years, Ratan has greatly influenced the company’s growth and diversification. The transformation he has brought in the company’s strategy and structure leaves Straive positioned well for the future. On behalf of our Board of Directors, I would like to thank Ratan for his exceptional leadership at Straive. Ankor brings an outstanding track record of building customer-centric data, analytics, and AI businesses to service clients across sectors and geographies. I am excited to welcome Ankor to the firm, and I look forward to working with Ankor, complemented by our talented leadership team, to take Straive to new heights,” said Josh Blair, Chairman of the Board.

“I am very excited about the market opportunity for Straive. Today, we help our clients create new data, insights, and knowledge and integrate that into complex digital workflows for learning and education, scientific research, and other business operations. As our clients address new opportunities around data, analytics, AI, and digital technologies, Straive’s capabilities are critical to executing such complex transformations seamlessly,” said Ankor Rai.

“We are thrilled to have Ankor join Straive as the Chief Executive Officer. His experience in building data analytics and AI business at scale, combined with the experience of integrating such next-gen capabilities into redesigned human-in-loop operations, is critical for our clients today. We look forward to Ankor deepening our relationship with our clients by adding even more value to their businesses,” said Hari Gopalakrishnan, Partner, BPEA EQT.

About Straive (erstwhile SPi Global)

Straive is a market-leading content technology enterprise that provides data services, subject matter expertise (SME), and technology solutions to multiple domains, such as research content, e-Learning/EdTech, and data/information providers. With a client base scoping 30 countries worldwide, Straive’s multi-geographical resource pool is strategically located in seven countries: Singapore (headquarters), India, Philippines, USA, Nicaragua, Vietnam, and the UK.