Tag Archives: STW

Bricsys: BricsCAD® AX3000 MEP Suite Admitted to CITF’s Pre-Approved BIM Software List

Government-Subsidized Discounts Now Available to Eligible Applicants

GHENT, Belgium, April 4, 2022 /PRNewswire/ — Global software developer Bricsys (www.bricsys.com), part of Hexagon, today announced that BricsCAD® AX3000 MEP Suite has been admitted to the Construction Innovation and Technology Fund’s (CITF) Pre-approved BIM Software List.

The decision enables eligible applicants in Hong Kong’s construction industry to benefit from government-subsidized discounts on BricsCAD AX3000 MEP Suite – a solution for building mechanical, electrical and plumbing engineering – through its Construction & Innovation Technology Fund (CITF).

The newly-approved BIM solution leverages specialised AX3000 modules that interact seamlessly with each other and BricsCAD to cover all aspects of building services engineering: ventilation, heating, sanitation, electrical, residential ventilation and fire safety and sprinkler systems.

Pat Williams, Vice-President of Sales, APAC at Bricsys comments: “We are delighted that eligible users across Hong Kong will enjoy access to this market-leading solution at a reduced price through the CITF. We believe the admission of our solution to the CITF Pre-approved BIM Software List is an endorsement of the powerful combination that AX3000 and BricsCAD represents as the construction industry continues to digitize.”

BricsCAD and AX3000 MEP are built on a familiar DWG file format. This enables engineers to seamlessly bring their 2D CAD drawings into the platform, rather than re-building them from scratch in a new environment. It is also based on an openBIM architecture, accelerates time to value and reduces hours lost to training.

Williams continues: “Some software packages require engineers to spend between nine and 18 months getting up to speed on their technology, UX and UI. In today’s fast paced business world, we recognise the need to shorten that learning curve and as a result of its familiar DWG environment, training on BricsCAD AX3000 MEP Suite typically takes between 10 weeks and three months.”

In addition, all IFC (Industry Foundation Classes) data created in BricsCAD is fully certified to openBIM industry standards and can be shared across different software platforms, facilitating the exchange of digital building models and extraction of required engineered drawings

About Bricsys 
Bricsys (www.bricsys.com), part of Hexagon, is the global technology company that creates the BricsCAD® family of computer aided design (CAD) products and the Bricsys® 24/7 project collaboration platform. We are relentlessly committed to the success of our customers by offering cost-effective, mission-critical CAD software with industry-leading product support.  Established in Belgium in 2002, Bricsys NV has approximately 300 employees around the world, partners in more than 80 countries and 1,200 registered application developers.  

ASC Technologies and ADDCOM enter Alliance


Recording & analytics for the public and financial sector in Australia and New Zealand

HÖSBACH, Germany, March 29, 2022 /PRNewswire/ — ASC Technologies and ADDCOM announce their partnership to provide innovative recording, quality management and analytics products and cloud services to customers in Australia and New Zealand markets. The partnership addresses the on-premise government sector as well as the fast-growing market of cloud compliance recording for Microsoft Teams.

ASC is one of the worldwide leading providers of software and cloud solutions for omni-channel recording, quality management and analytics. ADDCOM Contact Solutions is an expert integration partner for delivering quality recording, analytics, and cloud conferencing solutions, trusted by Australian and New Zealand customers.

Capturing and storing all communications data in a compliant and reliable manner is the fundamental requirement of all recording customers; however, both ASC and ADDCOM believe that the true value-add is in turning this data into business insights. Therefore, ASC focusses on providing leading analytics technologies, and ADDCOM puts strong emphasis on applying these technologies to unlock the value of every interaction.

For customer intimacy, ASC has always relied on strong local partners around the globe. ADDCOM brings a customer centric approach, starting with Australian and New Zealand customers’ business requirements and turning those into customer solutions.

Based on this strong alignment in terms of technology strategy and customer approach, ASC Technologies and ADDCOM forge this partnership. ADDCOM will become ASC’s preferred partner for delivering on-premise recording, quality management and analytics solutions to Australian and New Zealand customers, with a focus on government and financial services organisations. In addition, ADDCOM will leverage ASC’s Recording Insights native cloud service to support customers in their migration to Microsoft Teams.

“I am excited about this partnership. ADDCOM brings a wealth of experience and a strong customer base in Australia and New Zealand to this partnership. In combination with our leading technology, from on-premise PBX recording to cloud services for Microsoft Teams, we have a strong joint proposition for the Australian and New Zealand market”, Gerald Kromer, CEO of ASC Technologies.

“We’re excited to introduce ASC’s leading recording, transcription, translation, and analytics platform to our solution portfolio. ASC has a very strong solution for clients with a Teams environment. Some of Australia’s largest businesses and government organisations that ADDCOM serves in a critical capacity will benefit from this alliance. We look forward to working with ASC Technologies and enhancing their footprint in the region”, Craig Alvarez, CEO ADDCOM.

About ADDCOM

About ASC

Qeeka Home Reports Solid Growth of 20.8% YoY in 2021

The firm’s SaaS platform is driving an industry-wide digital transformation

SHANGHAI, March 28, 2022 /PRNewswire/ — On March 22, Qeeka Home (01739.HK, operator of Jia.com in China) (the “Company”), a SaaS enabled solution platform serving China’s interior design and construction (IDC) sectors, released its 2021 full-year financial results. For the past financial year, the Company reported revenue of RMB 1,107 million, a year-on-year increase of 20.8%, with net profit attributable to shareholders reaching RMB 74 million, surging 82.3% compared to the prior year.

The strong growth was a result of the success of Qeeka Home’s total SaaS-enabled strategy, a driver to an industry-wide digital transformation that has delivered higher overall efficiency and allowed the Company to redeploy the best of its resources to address the pain points and challenges facing the supply and demand sides in terms of the sales and delivery process, helping the Company realize robust growth.

Revenue increased 20.8% year-on-year, with huge potential in the market for housing stock

As an industry heavily dependent on physical operations, the home improvement sector has been hit hard by the recurring epidemic, especially in in-person scenarios such as home visits to take measurements as well as delivery and installation of the completed product. As China further tightens regulation and supervision of the real estate market, both the supply of new homes and the resale of existing homes have witnessed a significant downturn, affecting to various degrees the steady growth of the home improvement industry. To make matters worse, soaring prices of raw materials have led to a dramatic cost increase for stakeholders and an ever more competitive market. Taken together, many industrial players experienced growth stagnation and are facing the dilemma where profit margins decline despite an increase in revenue. The industry now stands at an inflection point where a transition to the market for existing housing stock is a must-do.

According to data from China Index Academy, the country’s property sales increased 1.9% year on year to 1.79 billion square meters in 2021, while investments in real estate development and new construction both witnessed a dramatic decline compared to the prior year. Yet when China’s substantial economic development and the increase in disposable income among consumers are taken into consideration, a step up in what shoppers expect from their home improvement initiative shows that demand for quality product is clearly on the rise. In response to the shrinking new housing market, renovating existing accommodations or upgrading newly purchased second-hand homes has proven to be an effective means of improving the quality of home life. Based on the calculation of planning the renovation of a home every 10 to 15 years, owners who purchased a home between 2007 and 2020 will be looking to improve at some point over the next 10 years. That 13-year period was a golden age for the country’s property market, pointing the way to a soon-to-begin similar golden age for the home improvement and renovation segment.

Despite the huge potential in the market for existing housing, there’s a very big difference between refurbishment of an older residence, partial improvement, and renovation of a more recently built home. Refurbishment of older buildings presents tougher challenges as such customers are more dispersed, their needs are more diversified while both the customer acquisition and necessary construction work are more challenging. In other words, to establish a presence in the market, installers need to shift from a “rough” business model to one that is much more refined, where customer expectations are met in all respects through upgrading of product quality, improvement in supply chain efficiency, optimization of organization management, strengthening of digital capabilities, and addition of quality-focused services.

As a leading platform in the industry, with superior data and technology capabilities, Qeeka Home has been committed to offering SaaS solutions and extended services to home improvement firms, helping them improve their abilities to manage their businesses, reduce operating costs and reap higher efficiency. The platform facilitated the standardization of the industry by developing relevant benchmarks and giving premium merchants the tools what they need to bring in more customers by upgrading its Qijia Bao consumer protection plan and launching a merchant star rating system. The data shows that the number of active paying merchants on the Jia.com platform rose by 18.3% year on year to 5,799 in 2021, including 2,242 newcomers. The merchant retention rate climbed to 73%, while the retention rate of new paying merchants reached 81%, representing strong growth across-the-board.

Despite the downward pressure faced by the industry, the Qeeka Home platform has served to empower home improvement firms as they cope with the uncertainty and the necessary upgrade process. The platform also acts as a stabilizer for the industry’s small and medium-sized merchants who need a powerful partner to get them through the rough patch. For the full year of 2021, Qeeka Home booked total revenue of RMB 1,107 million, a year-on-year surge of 20.8%, with gross profit amounting to RMB 590 million, up 14.0%. Net profit attributable to shareholders reached RMB 74 million, a significant increase of 82.3%, representing a solid growth.

SaaS strategy drives the transition to digitalization for installers

Due to inherent weaknesses, coupled with fierce competition, the industry saw a sharp rise in the number of firms that called it quits. Installers need to reduce costs and improve efficiency and the only way to get there is through digitalization. According to research data, the digitalization rate of the IDC industry right now stands a paltry 10%, with massive headroom for growth. As a long-established platform, Qeeka Home is poised to be the first choice among installers once they opt for a digital upgrade.

Qeeka Home’s offering covers two major business segments: the SaaS-based home improvement empowerment platform and a range of interior design and decoration brands. Revenue from SaaS and extended services totaled RMB 630 million for the year, up 17.3%. The growth of core businesses was, for the most part, driven by the steady advancement of its digitalization-focused SaaS-enabled strategy, including providing a one-stop solution that covers the gamut from marketing services to supply chain procurement assistance to innovative value-added services. The solution will help them cope with real-world problems and improve operational efficiency.

When it comes to digital marketing, Qeeka Home generates leads through its own brands, reputation and general recognition across the market, and helps installers convert prospects through big data matching and upgrading consumer protection products to enhance customer acquisition. In terms of supply chain empowerment, Qeeka Home has adopted a hybrid of centralized purchasing and new retailing, allowing firms to reduce back-end procurement costs and improve efficiency through digital processes.

As the bulk of potential customers shifts to Gen Z, online brand visibility and consumer reviews are going to become the determining factors when a purchase is made. To optimize the user experience, Qeeka Home has put much effort into making sure the platform delivers the most optimized shopper experience during the home improvement purchasing process. Ongoing positive reviews from shoppers led the platform to record a year-on-year increase of 8.3% in the customer demand rate in 2021, while the average marketing revenue per lead stood at RMB 707, up 7.6% year-on-year.

According to a report by the Lead-Leo Research Institute, second-hand housing and existing housing stock are expected to be the main drivers of the growing demand for home improvement in the future. This is a sign that acquiring and serving the customer have become much more difficult for installers, combined with a new set of expectations from consumers that have just entered the market. Digitalization is an inevitable must-do for industry growth, as online platforms will appeal more to future buyers than traditional home improvement firms. With the benefits that can be generated from digitalization literally staring the industry in the face, Qeeka Home has made it a top priority to meet the expectations of Gen Z shoppers, offer installers more empowerment initiatives based on the SaaS platform, further strengthen R&D and optimize the in-house organizational structure. All of these steps will go a long way in helping home improvement shoppers avoid making costly mistakes, while acting to fully protect the rights and interests of consumers as well as optimize the customer experience end-to-end, with the end goal being the realization of the Company’s vision of the satisfied customer who lives in a beautiful and comfortable home.

About Qeeka Home 

Qeeka Home (01739.HK, domestic operator of Jia.com) is one of the largest SaaS enabled solution platforms in Interior Design & Construction (IDC) Industry in China. The company provides marketing service, supply chain service and other innovative value-added services to thousands of IDC service providers through the SaaS platform. Qeeka also operates several well-known IDC brands in China and provides consumers with capital protection and independent inspection services. Qeeka Home was founded in 2007 and listed on the main board of HKSE on 2018.

For more information, please contact:

Qeeka Home
Phone: (+86) 021-61740163 
E-mail: ir@qeeka.com

Cision View original content:https://www.prnewswire.com/news-releases/qeeka-home-reports-solid-growth-of-20-8-yoy-in-2021–301511399.html

Annature announces global ID verification solution built on Stripe

BRISBANE, Australia, March 23, 2022 — In a remarkable first, Australia’s premier electronic signature, ID verification and payment solution, Annature, has taken its eSigning platform to the next level – announcing a fully integrated Identity (ID) verification solution powered by Stripe.

"Our expanded integration with Stripe gives any organisation or individual the prevention and protection technology they need for eSigning and more. And their customers an exceptional low-friction experience." Amreeta Abbott, Annature CEO
"Our expanded integration with Stripe gives any organisation or individual the prevention and protection technology they need for eSigning and more. And their customers an exceptional low-friction experience." Amreeta Abbott, Annature CEO

Built for the digital age on a highly secure blockchain model, the feature rich Annature eSigning platform is recognised for more than digital signing capabilities. Its ISO 27001 data management accreditation provides peace of mind for thousands of customers worldwide.

Previously, Annature has integrated Stripe Payment, Billing and Invoicing technology to easily accept subscription payments for its eSigning business growing at scale. Stripe is ideal for continued development of Annature’s billing and subscriptions engine, easily embedding its powerful Payment APIs – and now ID APIs, into Annature’s workflow for a holistic contract execution experience. 

Annature CEO Amreeta Abbott said: "For Annature, this is a groundbreaking development. We are particularly proud of the new integration of eSigning and Stripe Identity verification into the same workflow, providing greater value in lightning-fast seamless, secure service."

"eSigning is swiftly becoming the norm as the world continues to become more digital," says Hayley Hopwood, Head of Growth, Australia and New Zealand, at Stripe. "Like many other digital transformation trends, eSigning accelerated especially during Covid lockdowns when it was near impossible to get the right people in your office to put pen to paper and sign documents. We are thrilled to see Annature’s solution, powered by Stripe Identity, enable businesses of all sizes, from SMBs to enterprises, to confidently, securely and quickly verify their user’s identity with eSignatures, freeing up bottlenecks and allowing them to focus on other parts of their business."

Annature moved to provide identity verification after seeing Stripe successfully launch its identity product with an automated range of internal and client-facing processes.

Amreeta added: "As a technology company, we found that by using Stripe’s well-documented platform, we were able to easily embed their powerful ID and Payment APIs into our API-driven eSigning process – meaning we are now able to provide a complete contract execution experience of the kind required by many fintech, insurance and other companies."

"It’s not often that you’re able to plan such a big component to an application and have everything go to plan with no surprises. That’s because Stripe works perfectly. It does a huge amount automatically, behind the scenes."

The pandemic has accelerated the shift towards digital onboarding – and forecasters estimate the global market for Identity Verification will grow by more than 20 per cent over the next five years, with close to four billion digital identity verification checks conducted annually by 2026. Generating around $20 billion in revenue for vendors and service providers.

Annature is forecasting 300% growth in the next year – and expects additional major company integration announcements in Q1 2022.

Key software companies are expected to make Annature their default eSigning solution, attracted by its competitive price, bank-grade security and onshore data storage in Australia. Its reputation for ease of use and easy access to local customer support teams is praised for being more knowledgeable and responsive than overseas multinationals operating in many markets worldwide.

With enhanced ID verification and an embedded payment process, Annature’s multi-jurisdictional compliance and reporting capacity provides renewed focus on Know Your Customer (KYC) compliance.

The alignment with Stripe is expected to attract considerable uptake among accounting firms, where KYC/AML requirements are growing in demand.

"By partnering with Stripe, we are able to advance our mission of providing all organisations with the eSigning, ID verification and KYC/AML technology they need, with maximum prevention and protection to give them and their customers an exceptional low-friction and trusted experience,’ added Ms Abbott.

Launched in 2020, Annature already has thousands of direct and white label customers ranging from SMEs to Australia’s fastest-growing legal and accounting firms.

About Amreeta Abbott

Amreeta Abbott is the award-winning entrepreneur behind NowInfinity. This industry-leading platform provided its cloud-based Documentation Suite, Corporate Messenger, Trust Register, and Super Comply products to more than 4,000 accounting firms responsible for around 750,000 entities. The company was sold to ASX-listed Class Limited (ASX: CL1) in 2020 for $25 million. Today, as a born innovator, she is either at the helm or on the board of a dynamic ecosystem of impressive multiple fintech organisations. For more visit www.amreetaabbott.com.au

About Annature

Annature is the leading Australian-owned electronic signature, ID verification and payment solution for small and enterprise businesses throughout Australia and New Zealand. Founded by Amreeta Abbott in 2020, Annature integrates with the world’s leading document management solutions and cloud storage providers for easy adoption. Being purpose-built for all industries – and working seamlessly with existing business tools – Annature helps business owners’ lower costs, improve engagement and elevate customer satisfaction. Annature has been designed for the secure digital age and is the first ISO 27001 certified electronic signature solution in Australia. It now offers ID verification for AML and KYC functionality.  For more visit www.annature.com.au

 

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


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.

  

TDK Ventures presents DX Week 2022, a thought leadership forum on digital transformation

  • DX Week 2022: Where the Analog World Meets the Digital World 
  • An online gathering of entrepreneurs, academia, government, scientists, venture capitalists, and visionaries at the forefront of digital transformation (DX) 
  • Five two-hour sessions with diverse expert panelists providing definitive insights into how digital technologies change the world 

SAN JOSE, Calif., March 17, 2022 — TDK Corporation (TSE: 6762) announced today that subsidiary TDK Ventures, Inc. will host DX Week from April 18 through 22, 2022. Following a similar format to TDK Ventures’ Energy Week 2021 in October which featured top leaders in the energy and battery fields, this global online gathering will bring together over 30 speakers made up of entrepreneurs, scientists, venture capitalists, and visionaries from around the world and who are at the forefront of digital transformation (DX). Interested participants can register for the event at this link: https://www.tdk-ventures.com/dx-week.

Each speaker will share her or his dreams, expectations, and challenges concerning the future of digitization and how it will influence science and technology, mobility, manufacturing, finance, computing, society, entertainment, and life as we know it.

"Our Energy Week 2021 delivered on its promise to show everyone the innovations that could power tomorrow’s world and cleanly produce and store its energy," said Nicolas Sauvage, President, TDK Ventures. "We hold even higher expectations for DX Week 2022 and its potential to offer a series of inspirational, provocative, interactive discussions that will inspire tomorrow’s inventors, engineers, entrepreneurs, and investors to follow their dreams and capitalize on their knowledge, skill, and insight."

DX Week 2022 days, times, and topics are below. All times are PDT (GMT -08:00).

  • Monday April 18, 4:00 PM-6:00 PM – Metaverse

Like many of today’s technologies, "the metaverse" remains somewhat anchored in the realm of science fiction. This discussion takes the viewpoint that its applications are not limited to gaming and entertainment, but include virtual workspaces, remote collaboration, the gamification of education, and other applications which are particularly relevant.

  • Tuesday April 19, 4:00 PM-6:00 PM – Connectivity

Connectivity has become an essential part of our everyday lives. This session will explore the development path of the tools that will usher in the next generation of communication and information dissemination, including cellular 5G/6G, Wi-Fi, fiber optics, satellites, wearables, and more, as well as the broad spectrum of applications these technologies may enable.

  • Wednesday April 20, 8:00 AM-10:00 AM – Edge Computing

The increase of IoT devices and AI/ML applications is producing a massive amount of data and requires high computing capacity at the edge. This session covers both edge devices and network edge. High-power efficiency and low latency are some of the key considerations.

  • Thursday April 21, 8:00 AM-10:00 AM – Industry 5.0

The data revolution and acceleration of DX has poised robots, intelligent machines, and the industrial internet of things to take over much of the boring, repetitive work required for much of the world’s production. The paradigm shift from a data driven world to the need for sustainability-enabled technology is already proving that innovative cleantech solutions enable cost efficient and effective operations. This panel discusses revolutions such as renewable energy generation, clean tech, data transmission, data acceleration, realistic simulations, biometrics, and much more, and highlights how and why sustainability is a core tenet of Industry 5.0.

  • Friday April 22, 8:00 AM-10:00 AM – Future of Mobility

There are two givens in life: the more people know, the more they need to explore, and humans will forever need face-to-face contact. Myriad challenges, however, remain before many of the world’s citizens will be ready to accept EVs, autonomously driven vehicles, and other transportation innovations. Car sharing, battery swapping, vehicle-to-grid integration, behind-the-grid storage, clean hydrogen, second-life, and alternative chemistries are on the table for discussion as well as the potential for personal flying cars, high-speed rail, and other futuristic transport.

Notable speakers include:

  • Metaverse: Rio Kurokawa, Director, IBM; Pearly Chen, VP, HTC VIVE
  • Connectivity: Nada Gozlmie, Ph.D., NIST Fellow & Chief of Wireless Networks Division, National Institute of Standards and Technology; Matt Grob, CTO, XCOM; Maryam Rofougaran, Founder and CEO, Movandi
  • Edge Computing: Chris Bergey, SVP/GM of Infrastructure, Arm; Pete Warden, Founding member, TensorFlow
  • Industry 5.0: Xiaolin Lu, Fellow and Director of IoT, Texas Instruments; Yasser Alsaied, VP of IoT, Amazon Web Services

Digital transformation has integrated mobile technologies, miniaturized embedded sensors and devices, integrated networking, enabled cloud computing, and delivered sophisticated data analytics. Together, through DX, we can and are bringing a better, even more sustainable, tomorrow. For information regarding online attendance to TDK Ventures’ DX Week 2022, visit https://www.tdk-ventures.com/dx-week.

About TDK Corporation

TDK Corporation is a world leader in electronic solutions for the smart society based in Tokyo, Japan. Built on a foundation of material sciences mastery, TDK welcomes societal transformation by resolutely remaining at the forefront of technological evolution and deliberately "Attracting Tomorrow." It was established in 1935 to commercialize ferrite, a key material in electronic and magnetic products. TDK’s comprehensive, innovation-driven portfolio features passive components such as ceramic, aluminum electrolytic and film capacitors, as well as magnetics, high-frequency, and piezo and protection devices. The product spectrum also includes sensors and sensor systems such as temperature and pressure, magnetic, and MEMS sensors. In addition, TDK provides power supplies and energy devices, magnetic heads and more. These products are marketed under the product brands TDK, EPCOS, InvenSense, Micronas, Tronics and TDK-Lambda. TDK focuses on demanding markets in automotive, industrial and consumer electronics, and information and communication technology. The company has a network of design and manufacturing locations and sales offices in Asia, Europe, and in North and South America. In fiscal 2021, TDK posted total sales of USD 13.3 billion and employed about 129,000 people worldwide.

About TDK Ventures

TDK Ventures Inc. invests in startups to bolster innovation in materials science, energy/power and related areas typically underrepresented in venture capital portfolios. Established in 2019 as a wholly-owned subsidiary of TDK Corporation, the corporate venture company’s vision is to propel the digital and energy transformations of segments such as health and wellness, next-generation transportation, robotics and industrial, mixed reality and the wider IoT/IIoT markets. TDK Ventures will co-invest and support promising portfolio companies by providing technical expertise and access to global markets where TDK operates. Interested startups or investment partners may contact TDK Ventures: www.tdk-ventures.com or contact@tdk-ventures.com.

You can download this text from https://www.tdk-ventures.com/tdk-ventures-presents-dx-week-2022 

Contacts for regional media

TDK Brand

Contact

Phone

Mail

TDK

Ms. Sarah MACKENZIE

Publitek

Portland, OR

+1 503.720.3743

TDK-US@publitek.com

TDK Ventures

Mr. Raphel FINELLI

TDK Ventures

San Jose, CA

+1 408.667.5970

raphel.finelli@tdk-ventures.com

 

 

LeanIX Announces Cloud Security Alliance Membership


Continuous Transformation Platform® company provides reliable and secure SaaS solutions for Enterprise Architecture Management, SaaS Management and Value Stream Management 

BONN, Germany and BOSTON, March 10, 2022 — LeanIX (https://www.leanix.net/), the platform to plan and manage continuous transformation across the enterprise, today announced its membership in the Cloud Security Alliance (CSA), the world’s leading organization dedicated to defining and raising awareness of best practices to help ensure a secure cloud computing environment.

LeanIX is published on CSA’s Security, Trust, Assurance, and Risk (STAR) Registry, a publicly accessible registry that documents the security and privacy controls provided by popular cloud computing offerings. The company has maintained STAR Level ONE status on the registry since September 2020 and is now a registered SaaS Solution Provider with CSA.

LeanIX builds information technology tools that promote a culture capable of navigating all types of change, both planned and unexpected. Its enterprise-ready, secure, and trusted SaaS platform supports the needs of leading companies around the world by providing the data, insights and common language needed to master software complexity. Whether rationalizing IT landscapes, preparing for a major technology migration, enabling flexible approaches to SaaS management, or mapping value streams from code to customer, LeanIX is the trusted partner for turning change into a competitive advantage.

"SaaS depends on trust. We believe transparency around the protection of customer data and everything we do to ensure compliance and system availability helps build that trust," said LeanIX Co-founder and CEO André Christ. "As proud CSA members, we share the organization’s commitment to ensuring a trusted and secure cloud computing environment."

"Publishing and maintaining Level ONE status on the STAR Registry is a testament to LeanIX’s relentless commitment to information security, and we’re thrilled to have the company as a member of the CSA," said Jim Reavis, CSA co-founder and CEO. "As a newly registered SaaS Solution Provider, our continued work with LeanIX will help promote excellent security practices and build on the foundation of trust for customers and the greater marketplace."

About the Cloud Security Alliance
The Cloud Security Alliance (CSA) is the world’s leading organization dedicated to defining and raising awareness of best practices to help ensure a secure cloud computing environment. CSA harnesses the subject matter expertise of industry practitioners, associations, governments, and its corporate and individual members to offer cloud security-specific research, education, certification, events and products. CSA’s activities, knowledge and extensive network benefit the entire community impacted by cloud — from providers and customers, to governments, entrepreneurs and the assurance industry — and provide a forum through which diverse parties can work together to create and maintain a trusted cloud ecosystem. For further information, visit us at www.cloudsecurityalliance.org, and follow us on Twitter @cloudsa.

About LeanIX

LeanIX’s Continuous Transformation Platform® is trusted by Corporate IT and Product IT to achieve comprehensive visibility and superior governance. Global customers organize, plan and manage IT landscapes with LeanIX’s automated and data-driven approach. Offering SaaS for Enterprise Architecture Management, SaaS Management, and Value Stream Management, LeanIX helps organizations make sound decisions and accelerate transformation journeys. LeanIX has hundreds of customers globally, including Adidas, Atlassian, Bosch, Dropbox, Santander or Workday. The company is headquartered in Bonn, Germany, with offices in Boston, Hyderabad and around the world.

Contact:

Jeremy Douglas

Catapult PR-IR

303-589-1941

jdouglas@catapultpr-ir.com

 

Darwinbox Appoints Ex-Salesforce Product Leader as VP Product to Accelerate Innovation

SINGAPORE, March 9, 2022 — Darwinbox, Asia’s leading HR Tech platform, announced the appointment of Vivek Iyer to its Executive Leadership team. Vivek joins as the Vice President of Product. 

Vivek Iyer, VP Product, Darwinbox.
Vivek Iyer, VP Product, Darwinbox.

An ex-Salesforce and Kony Product Management executive, Vivek will lead Darwinbox’s product & engineering team, spearheading the company’s goal of becoming a tech leader in the Human Capital Management space worldwide. The cloud-based HRMS provider currently serves 650 enterprises, with a third of them having transitioned from established platforms by Oracle, SAP and Workday.

Speaking about the appointment, Vivek said, "The world of work has been evolving at a rapid pace with HR and HR tech taking center stage in this revolution. I am excited to join Darwinbox at this juncture where organizations are getting tremendous value out of modern HR technology." He added, "My mission will be to accelerate Darwinbox’s product innovation in alignment with our business goals and market needs, and I could not be more enthused to amplify our HRMS platform’s value proposition for our customers."

With an 18-year long stint in software engineering with leading multinationals, Vivek has worked across the entire spectrum of product management. Most recently, he has worked at Salesforce where he maximised value for hundreds of Salesforce customers as part of its Industries Cloud. Prior to this, Vivek spent 10 years with Kony building their Mobile Security, Messaging and Marketplace offerings, while leading a team of over 60 engineers, product managers and technical writers. Vivek has an MBA from IIM, Calcutta and is an alumnus of Anna University, Chennai.

"We are delighted to welcome Vivek as we gear up to accelerate our product innovation agenda and strengthen our product & engineering team. His vast experience across mobile application development, enterprise middleware, API management, and SaaS in the enterprise software space both in India and in the United States will add a fresh perspective and more depth to our product roadmap," said Chaitanya Peddi, Co-founder & Product Head at Darwinbox.

The company’s recent Series D funding has energized its mission to continue building technology that enables organizations to unlock the highest potential of their people. With the appointment of seasoned professionals like Vivek, the team at Darwinbox is all charged up to enhance and amplify a world-class product.

Speaking specifically about the planned product innovations, Chaitanya added, "There will be increased focus on EX, AI and ML development, and data analytics for enterprises. We are also aiming to broaden our product offerings with ancillary services and solutions that enterprises can plug and play into their HR tech ecosystem."

Backed by Salesforce Ventures, Sequoia India, Lightspeed India Partners, Endiya and other strategic investors, Darwinbox serves over 1.5 million employees across 90+ countries including fast growing unicorns (Zilingo, Zalora, Carousell, Tokopedia), leading enterprises (SBS Transit, Armstrong, EM Services, MatchMove, Funding Societies, Mitra Adiperkasa) and large conglomerates (JG Summit Holdings, Indorama, Wilmar and parts of Salim, Djarum and Century Pacific groups) in the region. It also serves leading global brands like Nivea, Starbucks, Dominos, T-Systems, AXA, Tokio, Cigna amongst others.

AsiaInfo Announces 2021 Annual Results

Three New Business Revenue Growth Doubled Again

Net Profit Achieved Double-digit Growth

HIGHLIGHTS:

  • Operating revenue amounted to approximately RMB 6,895 million, representing a year-on-year increase of 14.5%;
  • Revenue of Three New business1 amounted to approximately RMB 1,568 million, representing a year-on-year increase of 101.0%;
  • Gross profit amounted to approximately RMB 2,645 million, representing a year-on-year increase of 14.8%;
  • Gross profit margin reached 38.4%, representing an increase of 0.1 percentage point as compared with last year;
  • Net profit amounted to approximately RMB783 million, representing a year-on-year increase of 18.2%;
  • Net profit margin reached 11.3%, representing an increase of 0.3 percentage point as compared with last year;
  • A final dividend of HK$0.416 per Share was proposed. Annual dividend payout ratio was approximately 40%.

HONG KONG, March 8, 2022 — AsiaInfo Technologies Holdings Limited ("AsiaInfo" or the "Company", together with its subsidiaries, the "Group", Stock Code: 01675 HK) is pleased to announce the audited consolidated results of the Group for the year ended 31 December 2021.

Revenue Growth Accelerated and Profitability Remained Healthy

The "14th Five-Year" Plan of the PRC put forward the notion of embracing digital era, accelerating the construction of a digital economy, a digital society and a digital government, thus the software industry will gain more opportunities for development. Facing the new stage and new characteristics of the PRC’s social and economic development, the Group actively strove to become a leading provider with full-stack digital and intelligent capabilities. In 2021, adhering to the strategy of "One consolidation, Three developments" and its five-year plan, the Group’s revenue growth accelerated and it registered double-digit growth in both operating revenue and net profit.

In 2021, the Group’s revenue amounted to approximately RMB 6,895 million, increased by 14.5% year-on-year. Among which, Three New business’s revenue amounted to approximately RMB 1,568 million, up by 101.0% year-on-year, while the proportion of Three New business to operating revenue further increased to 22.7%.  Gross profit margin amounted to 38.4% and net profit amounted to RMB 783 million, representing a year-on-year increase of 18.2%, with net profit margin expanded to 11.3%, representing an increase of 0.3 percentage point as compared with last year, maintaining healthy profitability.

The Board, after taking into full consideration of various factors including Shareholders’ returns, profitability, cash flow level and capital needs for future development of the Group, decided to propose the distribution of the 2021 final dividend of HK$0.416 per Share at the AGM with the annual dividend payout ratio of approximately 40%.

Fast Promotion of Three New Business & Doubling Revenue in DSaaS Again

In 2021, the Group seized the development opportunities brought by digital economy and continued its efforts in expanding DSaaS business, explored the value of data and information. It promoted various innovative business models such as results-based charging, sharing settlement and subscription, and successfully achieved multiple replication of such model adoption in customer groups, so as to provide several types of businesses, including user and content operation services, integrated big data construction and operation services for government affairs, and operational solutions for enterprise private domain traffic. Leveraging on the legal and compliant data sources, as well as its powerful AI and middle office technology sharing system, the Company unleashes the digital value and helps customers achieve value-based operations. In 2021, revenue from the DSaaS business achieved approximately RMB730 million, up by 107.5% year-on-year, accounted for 10.6% of operating revenue, becoming the strongest contributor among the Three New business driving the revenue growth of the Group.

In vertical industries and enterprise cloudification, the Group continued its strategic focus on the five key vertical industries, namely government affairs, finance, postal services, transportation and energy. Significant progress was made in the areas of government affairs and energy sectors. In the government affairs segment, the Group developed replicable solutions on digital government and acquired benchmark projects such as Shanghai Big Data Platform, Jieshou Digital City Brain and Zibo Big Data Platform. In the energy sector, the Group actively participated in China National Nuclear Power’s 5G private network-based production project and promoted the implementation of several typical 5G private network-based application scenarios in nuclear power, wind power, thermal power and other sub-sectors, accelerating the digital transformation of the energy sector. In addition, the Group had established strategic partnerships with mainstream cloud vendors such as Alibaba Cloud, Huawei Cloud, Baidu Cloud, Tencent Cloud, e-Surfing Cloud, Mobile Cloud, Wo Cloud and CECLOUD and deepened the cooperation with strategic partners to expand customers bases. It achieved sizable growth in delivery with Alibaba Cloud and for the first time, entered into RMB10 million-level project with Tencent Cloud. In 2021, the revenue from vertical industries and enterprise cloudification business of the Group amounted to approximately RMB 425 million, up by 135.6% year-on-year.

For OSS business, the Group takes full advantage of a technology middle-office software vendor and actively participates in the construction of operator network intelligentisation and network management systems, providing customers with products featuring "global domain virtualization, global domain intelligentisation and global domain cognition" and assisting operators to achieve business and network support capability integration. Moreover, the Group’s 5G network intelligentisation products commanded leading standard internationally and were enlisted in Gartner’s 2022 Global Network Intelligentisation Mainstream Vendor Matrix, and garnered the highest award for AI in China – Wu Wen Jun AI Science & Technology Progress Award. In 2021, the Group’s OSS business grew rapidly, achieving a revenue of approximately RMB 413 million, up by 66.7% year-on-year.

For BSS traditional business, the Group continues to capture a high market share and maintain a strong market leadership position. Facing changes in the external environment, the Group strived to explore business potential and continued to improve efficiency. It actively met the needs of customers for business support transformation and innovation, assisted customers in digital and intelligent upgrade. In 2021, the Group’s traditional business revenue amounted to approximately RMB 5,327 million, up by 1.7% year-on-year.

In research and development (R&D), the Group stepped up innovation and R&D initiatives in emerging business, including multi-party secure computing, federated learning, edge AI, digital twins, 5G private networks, 5G network intelligentisation, databases and other new technologies and new products. Many of these premium products were successfully commercialised in telecommunications and other vertical industries, supporting the rapid development of Three New business. Moreover, the Group continued to intensively participate in 20 international/ national standards organizations, including 3GPP, ITU, ETSI, IEEE, TMF and O-RAN with leading contributions to 40 international communication standards. In 2021, the Group’s R&D expenses amounted to approximately RMB1,006 million, representing a year-on-year increase of 19.7% and accounting for 14.6% of revenue.

Committed to "One consolidation, Three developments" Strategy to Fully Activate Growth Momentum

Facing the "14th Five-Year Plan" period, the digital economy has become a new engine for high-quality development of the PRC economy. In the market with both opportunities and challenges, the Group will continue to promote "One consolidation, Three developments" strategy, strive to unleash the value and efficiency of traditional business and endeavour to activate the growth momentum of Three New business, and dedicate to achieving the goal of "a business scale of over RMB10 billion, half of which comprises of the new business" in 2025.

For traditional market, the Group will strive to promote the development of new markets for BSS business. In 2022, the Group won the bidding for the construction of 5G business support system for China Broadcasting Network Group Corporation Ltd. Operational demands focusing on value-based operation, privilege operation and integrated operation will continue to prompt the needs of the customers in telecommunication industry for DSaaS. The demand for computing network as well as automatic and intelligent network will drive the needs in upgrading the OSS capability systems of customers. In terms of the enterprise cloudification business, the Group is actively facilitating cooperation with the state-owned cloud system, so as to increase its presence for actively developing the government affair and state-owned enterprise-based markets.

Note1: Three New business represents Data-driven Operation (DSaaS), vertical industries and enterprise cloudification, Operation Support Systems (OSS) business 

About AsiaInfo Technologies Limited

AsiaInfo Technologies Limited (stock code: 01675 HK) was founded in 1993 and successfully listed on the Main Board of the Hong Kong Stock Exchange in December 2018. It is a leading provider of software products, solutions and services, and a leading provider of integrated cloud and network management services, and is committed to becoming an enabler of digital transformation for large enterprises in the 5G era.

The Group actively embraces advanced technology such as 5G, cloud computing, big data, AI and Internet of Things, and adheres to the strategic decision of "One consolidation, Three developments", relying on its products, services, operations and integration capabilities. AsiaInfo takes 5G as an opportunity to fully deploy and enhance its value and efficiency in the traditional business and consolidate its leadership position in the BSS market. In terms of emerging business, the Group will strive for rapid scale development in 5G OSS network intelligence, DSaaS digital operation services, enterprise cloudification and vertical industry. At the same time, the Group will work with industry partners to build an ecological system, continue to promote business model transformation, and contribute to the digital transformation of enterprises and sustainable development of the industry.

AsiaInfo Technologies Limited offers industry-leading R&D capabilities and a wealth of telecom-grade software products, including customer relationship management, billing and accounting, big data, Internet of Things and 5G network intelligence products, serving large corporate clients in telecommunications, finance, energy, postal services, government affairs, transportation and other industries.

 

Milestones Management and Consultants Embraces Enterprise Mobility to Enhance Customer Engagement by partnering with HokuApps

MSTAR Mobile Platform Rewards Users with Valuable Retailer Discounts When They Register and Attend Educational Seminars.

SINGAPORE, March 4, 2022Singapore’s Milestones Management and Consultants work with financial service providers to expand their customer base through a variety of marketing tools and strategies. Recognizing the rapid growth of mobile technology, Milestones Management wanted to develop a custom app that could give its clients a fresh new tactic to gain new clients and keep their current customers satisfied with a value-added approach. Rather than going the traditional way, Milestones wanted to embrace digital transformation. To enhance customer engagement and gain a competitive advantage, they partnered with Singapore-based HokuApps, a global player in next-generation enterprise mobility services, to create the software platform called MSTAR.

The Milestones MSTAR mobile app is available for both iOS and Android devices. It rewards users with valuable discounts at local retailers when they sign up for seminars such as retirement planning, life insurance, and other areas of personal finance. The app serves as a direct connection to Milestones’ customer base for alerting them of upcoming events, both physical and virtual. With each registration and attendance, users collect stamps and points that can be redeemed, with dozens of different goods and services such as restaurants, hair salons, and more. It also enables them to avail app-exclusive deals and offers from various merchants. The app also includes financial calculators like Retirement calculator, Financial Goal calculator, and Child Education fund calculator using which, the users can gain insights to define their monetary goals without stepping out of their homes.

"We love the versatility that MSTAR gives us and our clients," said Frences Chan, Project Executive for Milestones Management and Consultants. "It’s a creative and fun way to reach young professionals and other frequent mobile users. The number of smartphone owners has grown exponentially over the past decade so evolving with new technology is a ‘must’ for any marketing firm and HokuApps has enabled us to keep pace."

"Milestones has been great to work for," said Nand Kapoor, Director of HokuApps. "We’ve enjoyed their passion for putting clients first and for their ongoing creative spirit. We look forward to a long relationship and helping to bring many more of their ideas from the first brainstorm to the first download."

About HokuApps

HokuApps is the fast-growing rapid application development platform that empowers organizations to develop innovative technology solutions incredibly fast. With a cutting-edge automated development engine, HokuApps can build custom solutions for any part and any size of the business 10X faster and at a fraction of cost. This technology platform has enhanced mobile and data integration capabilities to enable companies to speedily deploy mobile and web applications. HokuApps empowers organizations to usher in their digital transformation journey to better engage with customers, partners, and employees.