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PR Newswire

Insider Enters the USA to Cement Its Global Presence and Assigns Jim Koepke as Managing Director

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Insider helps 800+ leading brands like Virgin, Samsung, GAP, and Pizza Hut accelerate digital growth through best-in-class customer engagement.

INDIANAPOLIS, Nov. 2, 2020 — Singapore-based Insider, a profitable SaaS company that takes a unique approach to omnichannel experience orchestration, announced its entry to the USA as a next step to reach aggressive growth targets. Leading the growth in the region will be Jim Koepke, now joining the Insider team as the Managing Director, USA.

Insider currently operates in 25 countries, bringing omnichannel experience orchestration from Korea to Indonesia, UK to Brazil for 800+ brands including industry powerhouses like Estée Lauder, Lenovo, New Balance, Puma, CNN, and GNC. After penetrating some of the vastest and mobile-only markets in Asia, establishing itself as a leader in the EU and expanding into markets like LatAm, Insider is set to bring its experience and knowledge to the US market. With teams on the ground in each country that they are present in, Insider ensures deep localization and unparalleled support for their clients. 

"Over the past 8 years, we’ve come to embrace the struggles and failures of democratizing AI and marketing technologies in mobile-only and some of the toughest markets in the world. Providing our technology at this scale and expanding our business to 25 countries came with complex challenges that helped us build our muscles in many areas. Now, with a team of 600+ people, we are ready to cement our global presence with our entry into the US market. We have set bold plans into motion and have full confidence in our platform that will deliver a unique approach in omnichannel experience orchestration. This is a milestone we’ve been planning carefully, and finally, USA, we’re home," said Hande Cilingir, Co-founder and CEO of Insider.

Most digital marketers face the same problem: there are too many tools that claim to be "omnichannel" and provide a "hub." Meanwhile, customer data still sits in silos, sales channels remain under-developed or even unavailable and the end product is more point-solutions rather than a true hub. The result exacerbates the disjointed experiences for consumers and hinders marketing ROI. 

Insider‘s AI-powered platform enables enterprise marketers to connect customer data across channels and systems, predict their future behavior with an AI-powered intent engine and orchestrate and deliver individualized experiences to customers. The platform is unique in how it offers the widest set of product features in the market while coordinating all offline and online data across the unified platform and its various engagement channels. The powerful AI intent engine consists of 15+ algorithms that enable marketers to make precise predictions such as which customer segments are likely to convert, buy, and churn, then design the most optimized experiences accordingly. 

"We’re very excited to welcome Jim Koepke as our Managing Director in the US. Jim will be leading our aggressive growth in the region and will enable us to tackle the unique challenges of marketers driving the growth of top enterprise brands in the USA," added Cilingir.

Jim Koepke joins Insider as the Managing Director for the US and brings with him two decades of experience in sales, eCommerce, and a deep understanding of the North American market. Jim previously led the GTM teams for Emarsys as VP of Sales for the Americas. Prior to leading the scale efforts for Emarsys in North America, Jim held numerous leadership roles for ExactTarget and Salesforce.

"Since I joined the Insider family, each day has reaffirmed my decision to do so. Great onboarding. Great people. Great technology leading to phenomenal results for our customers. I have done my homework, seen the platform, read the case studies, tested the ROI models, and reviewed their write-up in the Gartner MQ for Multichannel Marketing Hubs. I have spoken to customers, competitors, founders, and board members. This company is already great and destined for so much more. Insider’s presence in the US is now beginning and I can’t wait to share the power of Insider with the US market," said Jim Koepke, Managing Director for the US at Insider.

About Insider

Insider is a B2B SaaS company with a unique approach to multichannel experience orchestration that recently announced its Series C funding round which is led by Riverwood Capital and joined by Sequoia, Wamda, and Endeavor Catalyst. Insider has been recently featured in the Gartner Magic Quadrant for Multichannel Marketing Hubs 2020 and became the leader on G2Crowd’s Mobile Marketing Software and Personalization Grids with a 4.7/5 rating based on 100% user reviews for 15 quarters in a row.

Insider has 27 offices in London, Paris, Singapore, Indianapolis, Tokyo, Hong Kong, Seoul, Sydney, Brasília‎, Helsinki, Barcelona, Dubai, Moscow, Warsaw, Taipei, Jakarta, Manila, Wellington, Istanbul, Kiev, Ho Chi Minh City, Bangkok, Brussels, Amsterdam, Luxemburg, Ankara and Kuala Lumpur.

CrunchBase ranked Insider’s Co-founder and CEO Hande Cilingir as one of the top women CEOs outside of the US. Cilingir was also granted two highly prestigious awards in 2020: Top 25 CEOs for Europe by TSR and The Lindas by Endeavor.

PR Newswire

Tanla records best ever Quarter fuelled by CPaaS and Digital revenues

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HYDERABAD, India, Nov. 2, 2020 — Tanla Platforms Limited (NSE: TANLA) (BSE: 532790), largest CPaaS provider, today announced the results for the quarter ended on September 30th, 2020 as compared to the corresponding quarter of previous financial year

  • Revenue was ₹583.2 Cr and increased 20%
  • EBITDA was ₹97.5 Cr and increased 210%
  • PAT was ₹81.5 Cr and increased 273%
  • EPS was ₹5.85 and increased 279%
  • ROCE at 47.5% and increased 177%
  • EBIDTA to Cash Conversion remained robust at 82%

"I’m delighted to report highest ever Revenue, EBITDA & EPS in Q2FY21. Our pioneering and dominant market position in CPaaS, in this cathartic phase in Digital, powered the surge in Revenue", commented Uday Reddy, Chairman & CEO of Tanla.

Commenting further Uday Reddy said, "Going forward our unwavering focus and investments on platforms & products, brand, customer success and talent, will drive future growth."

Business Highlights

  • 89,203 enterprises 6,339 telemarketers are registered on DLT platform.
  • In the first commercial go-live month of Sept 2020, Tanla’s Trubloq handled 70% of the total DLT traffic which is 35Bn.
  • 83 New Customer opportunities from major verticals (Banking, Financial services, e-commerce, Gaming, OTT etc.) Including established brands to high potential startups were signed up during Q2FY21, with an annual potential revenue of ~ 76 Cr

Tanla’s paid up share capital was 13,60,36,450 equity shares of ₹1/ each on Sept 30, 2020 after a share buyback of 1,66,92,752 equity shares of Re.1 each and allotment of 4,71,645 equity shares of Re.1 each under the Employee Stock Purchase Plan, 2016.

The Company has paid an interim dividend of Re.1 per share to the Shareholders as on the Record date on September 18, 2020 aggregating ₹13,57,87,600/-.

Support during COVID-19

During these trying periods, we focused on ensuring the safety of our employees encouraged them to work from home and minimize interaction at public places by providing them with the required infrastructure and a Covid Fund to help them meet medical needs for self and immediate family. We have also succeeded in providing the required support to our customers and partners and ensured they succeeded in providing their best work while they operated remotely.

About Tanla

Tanla is a Hyderabad, India, based company, established in 1999. It is a largest CPaaS provider, handling over 250 billion business communications annually with a market share of ~70%. Tanla is innovating the way the world communicates, continuously raising the bar through enhanced speed, ease, and simplicity of Cloud Communication solutions, adopting cutting-edge technologies like blockchain, Artificial Intelligence, Machine Learning to meet the discerning needs of a diverse clientele, from enterprises to carriers across geographies. Tanla is working with all leading Telcos in India creating India’s first Telecom Blockchain Network. Tanla is a public limited company listed on leading Indian stock exchanges (NSE: TANLA) (BSE: 532790)

Disclaimer

This release might contain ‘forward-looking statements’ that are based on our current expectations, assumptions, estimates and projections about Tanla Platforms Limited (the "Company"), our industry, economic conditions in the markets in which we operate, and certain other matters. Those statements include, among other things, the discussions of our business strategy and expectations concerning our market position, future operations, margins, profitability, liquidity and capital resources. These statements are subject to known and unknown risks, uncertainties and other factors and they depend on future events and circumstances. Such statements do not guarantee future results or development and the actual results or outcomes may differ materially from those implied by the forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding fluctuations in earnings, fluctuations in foreign exchange rates, our ability to manage growth, intense competition in the services provided by the Company, including those factors which may affect our cost advantage, wage increases, 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 the Company has made strategic investments, withdrawal or expiration of governmental fiscal incentives, political instability and regional conflicts, regulatory changes, legal restrictions on raising capital or acquiring companies outside India, and unauthorized use of our intellectual property and general economic conditions affecting our industry. In light of these and other uncertainties, you should not conclude that the results or outcomes referred to in any of the forward-looking statements will be achieved. All forward-looking statements are based on information available to us on the date hereof, and we do not undertake to update these forward-looking statements to reflect future events or circumstances unless required to do so by law.

For further information, you may write to: investorhelp@tanla.com

 


 

CONSOLIDATED P&L (UN-AUDITED)

          Rs in Lakhs

Particulars

Q2FY21

Q1FY21

Q2FY20

I. Revenue from operations

58,324.7

45,554.8

48,716.4

II. Other income

474.5

1,322.8

171.8

III. Total Income (I+II)

58,799.1

46,877.5

48,888.3

IV. Expenses

      Cost of services

44,891.7

35,024.6

38,857.9

      Employee benefits expense

2,283.3

1,990.2

4,597.8

      Depreciation expense

992.3

1,148.8

6,923.8

      Connectivity expenses

280.8

197.0

206.8

      Finance cost

8.9

70.0

118.0

      Other expenses

1,115.7

843.0

1,907.2

Total expenses (IV)

49,572.6

39,273.5

52,611.5

V. Profit before non-controlling interest/share in net profit/(loss) of associate (IV- V)

9,226.5

7,604.0

(3,723.3)

VI. Share in net profit/(loss) of associate

–

–

(149.8)

VII. Profit before tax (V – VI)

9,226.5

7,604.0

(3,873.1)

 

VIII. Tax expense:

      Current tax

1,053.2

553.8

266.8

      Prior period taxes/MAT credit

–

(1,074.8)

0.5

      Deferred tax

26.0

264.5

561.0

IX. Profit for the year (VII -VIII)

8,147.3

7,860.6

(4,701.4)

X. Other comprehensive income

(330.5)

(1.7)

338.6

 

XI. Total Comprehensive income for the period (X + XI)

7,816.8

7,858.8

(4,362.8)

 

XII. Earnings per equity share

Basic & Diluted (not annualised)

5.85

5.17

(3.27)

          

                                                                                                                                               

  BALANCE SHEET:

Rs in Lakhs

 

Particulars

 

Consolidated

As at Sept 30, 2020

(Un-audited)

As at Mar 31, 2020

(Audited)

 I. ASSETS

 (1) Non-current assets 

 (a) Property, Plant and Equipment

3,098.80

3,591.39

 (b) Intangible assets

7,011.63

8,183.05

 (c) Intangible assets under development

2,427.52

1,330.75

 (d) Goodwill on Consolidation

13,455.69

13,455.69

 (e) Right-of-use assets

425.15

504.35

 (f) Financial assets

           (i) Investments 

–

–

          (ii) Loans and advances

618.26

388.56

          (iii) Other financial assets

82.17

56.86

 (g) Deferred tax assets (net)

5,275.25

5,674.24

 (h) Other non-current assets

5,684.45

7,967.47

 Total non-current assets

38,078.92

41,152.36

 (2) Current Assets 

 (a) Financial Assets

           (i) Trade receivables 

37,293.14

32,576.94

           (ii) Cash and cash equivalents

19,740.66

17,078.98

           (iii) Bank balances other than cash

                 and cash equivalents

3,650.15

2,978.49

           (iv) Loans and advances

374.89

294.57

           (v) Other financial assets

17,073.22

20,472.22

 (b) Other current assets

2,213.44

4,340.91

 Total current assets

80,345.50

77,742.11

 TOTAL ASSETS

118,424.42

118,894.47

 II. EQUITY AND LIABILITIES 

 (1) Equity 

 (a) Equity share capital

1,360.36

1,459.72

 (b) Other equity

68,538.35

68,713.73

 Total equity

69,898.71

70,173.45

 (2) Non current liabilities 

 (a) Financial liabilities

           (i) Lease liabilities

327.23

434.91

           (ii) other financial liabilities

147.49

22.95

 (b) Provisions

501.93

644.80

 (c) Other non-current liabilities

389.00

428.70

 Total Non Current Liabilities

1,365.65

1,531.36

 (4) Current liabilities

 (a) Financial liabilities

          (i) Trade payables

27,155.25

28,060.26

          (ii) Lease liabilities

81.27

103.80

          (iii) other financial liabilities

19,306.71

16,865.63

 (b) Other current liabilities

494.18

2,014.98

 (c) Provisions

122.64

144.99

 (d) Liabilities for current tax (net)

–

–

 Total Current liabilities

47,160.03

47,189.65

 TOTAL EQUITY AND LIABILITIES

118,424.42

118,894.47

 

              

CASH FLOW STATEMENT

Rs in Lakhs

 

Particulars

Consolidated

Six months ended

30-Sept-2020

Six months ended

30-Sept-2019

Cash flows from Operating Activities

Profit before tax

16,830.56

(15,804.92)

Adjusted for :

Depreciation and amortization expenses

2,141.04

22,288.30

Interest & other income

(1,577.66)

(531.83)

Share based payments

7.13

2,948.53

Buy back expenses

115.36

–

Provision for diminution of investment in Associate

–

169.04

Unrealized loss on forex exchange fluctuation

0.26

–

Allowance for advances

–

–

Provision for doubtful debts

54.04

235.47

Operating profits before working capital charges

17,570.72

9,304.59

Changes in operating assets and liabilities

(Increase)/Decrease in trade receivables

(4,716.20)

(4,425.29)

(Increase)/Decrease in financial and non-financial assets

7,553.38

(10,835.36)

 Increase/(Decrease) in financial and non-financial liabilities

(163.50)

5,516.58

 Increase/(Decrease) in trade payables

(905.01)

6,972.17

Cash generated from operations

19,339.40

6,532.69

    Income taxes paid

–

–

Net cash generated from operating activities

19,339.40

6,532.69

CASH FLOWS FROM INVESTING ACTIVITIES:

(Purchase)/sale of fixed assets/intangible assets

(1,500.25)

(1,785.34)

Investments in subsidiary

–

(23,622.44)

Proceeds from sale of investments

–

3,772.43

Dividend received from subsidiary

–

–

Interest & other income

1,508.03

531.83

Net cash generated/(used) in investing activities

7.78

(21,103.52)

CASH FLOWS FROM FINANCING ACTIVITIES:

Proceeds from issue of shares

2,009.88

12,590.33

Payment for buy back of equity shares including transaction cost

(16,585.06)

–

Repayment of Borrowings

–

(383.54)

Principal payment of lease liabilities

23.59

–

Interest paid on lease liabilities

(104.37)

–

Dividend paid 

(1,357.88)

–

Net Cash used in financing activities

(16,013.84)

12,206.79

Net change in cash and cash equivalents

3,333.34

(2,364.04)

Cash and cash equivalents at the beginning of the period

20,057.47

15,502.49

Cash and cash equivalents at the end of the period

23,390.81

13,138.45

 

 

 

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PR Newswire

Wondershare MindMaster: Get Better Ideas

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The latest version of Wondershare’s user friendly mind mapping software has been released with advanced community, utility, and Gantt chart features as well as better security.

VANCOUVER, BC, Oct. 31, 2020 — Wondershare MindMaster announces new utility and community features with its latest update. Whether you’re an executive, a researcher, or even a student you’ll be able to jump into MindMaster and start structuring your ideas – which will make it easier for you to start generating more. MindMaster’s major improvements include community integration, multiple pages, file encryption, a formula editor, and more import options from programs like Microsoft Word.

 

"MindMaster is a powerful mind mapping tool for almost any platform from Windows to iOS to Linux. The newly updated user community encourages you to share your mind maps so everyone can be inspired by others’ ideas and work," says Edwin Wang, Product Director of Wondershare MindMaster. "After conducting numerous tests and revisions, we finally came up with an improved interface for MindMaster that’s easy for anyone to use."

Features of Wondershare MindMaster include:

  • MindMaster Mind Map Community: share mind maps and get inspired by other community members working in your field. Access thousands of mind maps sorted by category.
  • Improved UI: the brand-new interface features an intuitive design that allows you to focus on your ideas.
  • Multi-page option: add multiple pages in a single file and switch between them easily.
  • Export as Gantt chart: create a Gantt chart with a single click and export it to PDF.
  • Word to mind map: generate a mind map by importing a document from Microsoft Word.
  • Encrypt files: encrypt files and secure them with password protection.
  • Presentation editor: change the names of slides or delete slides.
  • Formula editor: insert Math and Physics equations directly into mind maps.

Pricing and Compatibility

Wondershare MindMaster is available for Windows, Mac, Linux, Android, iOS and as a web-based platform. It is priced at $59 USD for an annual plan and $145 USD for a lifetime plan (limited time offer).

For all the latest MindMaster news and updates, visit edrawsoft.com/mindmaster/ or follow us on YouTube, Instagram, Facebook and Twitter.

YouTube Video: https://youtu.be/IUjltp8a8OI 

About Wondershare

Founded in 2003, Wondershare is a global leader in software development and a pioneer in the field of digital creativity. With powerful technology, the solutions we provide are simple and convenient, making Wondershare trusted by millions of people in more than 150 countries worldwide. We help our users pursue their passions so that, together, we can build a more creative world. www.wondershare.com    

Media Contact
ellenc@wondershare.com

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PR Newswire

Benson Hill Raises $150 Million in Series D Funding Round to Accelerate the Pace of Food Innovation on a Global Scale

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– Financing was co-led by Wheatsheaf and GV with broad participation from strategic and environmental, social and governance (ESG) focused investors across the food and agriculture value chain.

– Benson Hill will use the funds to scale its commercial operations and its platform food innovation engine CropOS™ across multiple food and ingredients markets.

ST. LOUIS, Oct. 29, 2020 — Benson Hill has announced the close of a $150 million Series D funding round led by Wheatsheaf Group and GV (formerly Google Ventures). The company’s leading food innovation engine CropOS™ taps nature’s genetic diversity to develop and commercialize healthier and more sustainable food and ingredient options that benefit farmers, food companies of all kinds, and ultimately, consumers. This funding round will accelerate the food tech company’s efforts to deploy its platform technology, expand partner development across the supply chain, and scale product commercialization efforts.

Experience the interactive Multichannel News Release here: https://www.multivu.com/players/English/8799651-benson-hill-series-d/

The funding round attracted diverse investors recognizing the company’s strategic business model and potential to impact the health and well-being of people and the planet through advances in the food system. New and returning investors included Argonautic Ventures, Caisse de dépôt et placement du Québec (CDPQ), Emart, GS Group, Louis Dreyfus Company, iSelect Fund, Fall Line Capital, Mercury Fund, Prelude Ventures, Prolog Ventures, S2G Ventures, and additional strategic and family office investors.

Benson Hill leverages Cloud Biology®, a discipline combining the power of data science, machine learning and AI techniques with plant biology and genomics. CropOS™ is the platform that makes this discipline actionable, significantly accelerating the precision and speed of product development. Benson Hill’s technology platform and collaborations empower the creation of healthier and more sustainable feed, food and ingredient options that consumers are seeking, while also delivering strong crop performance that farmers demand.

"As a firm, we are focused on investing in innovation that delivers the right calories and nourishment for a growing global population in a less commodity-driven food system," said Stephan Dolezalek, Executive Director at Wheatsheaf Group. "We feel the culture and partners propelling Benson Hill forward will have a significant impact on the health and sustainability challenges that burden our current food system in a way that benefits society and our environment."

"We are excited to contribute to the scale-up of Benson Hill’s work to advance a sustainable future of food by realizing the value creation potential of technology-enabled innovation," said Max Clegg, Head of Louis Dreyfus Company’s corporate venture capital program, LDC Innovations. "The power of genomics and genetic diversity is largely untapped, and we believe that the company’s technology and collaborative model unlocks efficiencies and new product differentiation for stakeholders across the value chain, from farmers to end-consumers."

"The plant-based protein movement is global in scale," said Hewie Kang, CEO of Emart, Shinsegae Group. "Benson Hill’s product innovations, particularly in the area of protein and nutrient density, are poised to help further accelerate the adoption of plant-based alternatives. Our investment reflects a strategic intent to help realize the vision of delivering a steady stream of more sustainable and healthy food options to a global consumer."

With this new round of funding, Benson Hill will continue to advance Cloud Biology® and its innovation engine CropOS™, amplify partner development efforts, continue to recruit top talent, and propel the commercial launch of the first Ultra-High Protein soybean varieties in 2021, among other product launches. The company’s portfolio of high-quality soybean varieties delivers a full range of in-demand premium attributes, including better digestibility, heart-healthy omega fatty acids, and higher protein that serve the plant-based food, healthy oils, animal feed and aquaculture markets.

"As a society, we’re at a crossroads made more evident as the pandemic has revealed strengths and vulnerabilities in our food system," said Matt Crisp, Benson Hill CEO. "Food choices that create enjoyment, make us stronger, and help preserve our environment need to be accessible to everyone, and the power of plant diversity and technology innovation can help fuel that evolution. We’re grateful for the growing coalition of investors, stakeholders, farmers and partners who recognize the urgency and opportunity of this moment to think collaboratively and modernize food production."

About Benson Hill
Benson Hill moves food forward with Cloud Biology® and the CropOS™ platform, a leading food innovation engine that combines data science and machine learning with biology and genetics. Benson Hill empowers innovators to unlock nature’s genetic diversity from plant to plate, with the purpose of creating healthier, great-tasting food and ingredient options that are both widely accessible and sustainable. More information can be found at bensonhill.com or on Twitter at @bensonhillinc.

About Wheatsheaf Group
Wheatsheaf Group invests in food and agriculture businesses using capital and expertise with a far-sighted perspective to deliver lasting commercial and social benefit. With one of the largest and longest established investment teams in the sector, Wheatsheaf partners with its portfolio companies to create efficiencies in the production and distribution of food; developing innovative business models and technologies to deliver affordable, nutritious and safe food that sustains both human health and the health of the planet. Through deploying such business models and technologies commercially at scale, Wheatsheaf works to deliver enduring solutions to address one of modern society’s most pressing challenges – supplying healthy, nutritious food to meet the demands of a changing global population. Wheatsheaf Group is part of the Grosvenor Estate.

About Louis Dreyfus Company (LDC)
LDC is a leading merchant and processor of agricultural goods. Leveraging its global reach and extensive asset network to serve customers and consumers around the world, the company works to deliver the right products to the right location, at the right time – safely, responsibly and reliably. Its activities span the entire value chain from farm to fork, across a broad range of business lines (platforms). Since 1851, its portfolio has grown to include Grains & Oilseeds, Coffee, Cotton, Juice, Rice, Sugar, Freight and Global Markets. LDC helps to feed and clothe some 500 million people every year by originating, processing and transporting approximately 80 million tons of products. Structured as a matrix organization of six geographical regions and eight platforms, the company is active in over 100 countries and employs approximately 18,000 people globally.

About Emart
Emart, a Korea-based company, is a multi-format retailer that includes Emart Hypermarkets, Emart Traders, a warehouse retail model, Shinsegae Food, which owns manufacturing facilities, food distribution channels, international restaurant and beverage franchises, Emart24 convenience stores, Emart Everyday small grocery stores, upscale mall complexes, Starbucks Korea, and SSG.COM (online mall). Its portfolio provides extensive consumer interactions, derived from monthly visits by half of the population of South Korea, and 20 million active members of its loyalty card. Apart from Korea, Emart also has retail footprints in Asia including Vietnam, Mongolia, Philippines and China. Emart, through its Global Sourcing division, operates several overseas offices, including Emart America Inc., a U.S.-based entity that introduces products for export/import on behalf of all Emart Affiliates. In the U.S., Emart operates premium grocery stores under the name of Bristol Farms, Metropolitan Market, New Seasons Market and others through its subsidiary Good Food Holdings. More information can be found at emartcompany.com.

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PR Newswire

New Cisco Solutions Elevate Resiliency and Security for Critical Legislative and Judicial Operations

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SAN JOSE, Calif., Oct. 28, 2020 — Cisco Partner Summit Digital —

News Summary:  

  • The Covid-19 pandemic has required local and national government institutions to quickly respond and adapt to deliver important services while governing remotely
  • New cloud solution, Webex Legislate, enables remote and hybrid legislative bodies to convene safely and securely
  • New Connected Justice Solution for Courts, Correctional Facilities and Community Corrections powers secure real-time virtual judicial proceedings anywhere, anytime
  • Expanded Cisco Public Funding Office helps public sector customers tap stimulus funding worldwide

The pandemic has shown that technology is key not only to keeping us securely connected and productive but also to keep essential functions of civic life and democracy moving during disruptions. During the Covid-19 pandemic, local and national government institutions are responding and adapting by pivoting to deliver services and continue the business of governing, remotely.  To support governmental organizations with these business resiliency efforts, Cisco is announcing solutions to enable justice systems and legislative bodies worldwide to continue their critical functions.

The new solutions combine the power of Cisco technology, including Cisco Webex video conferencing, with expertise and innovation from Cisco Customer Experience (CX) and the Cisco partner ecosystem. To speed access to these tools, Cisco’s Public Funding Office has increased capacity to help customers and partners navigate funding sources and accelerate projects that help them serve their communities through the pandemic.

These new solutions bring secure delivery of virtual government services across multiple platforms of previously disparate technology to provide greater efficiencies, reduce cost associated with travel, while keeping the public safer. Prior to Covid-19, many governing bodies were legally required to meet in-person, and the shift to remote has been a new experience for many. Now, according to a new Cisco survey, over 50% of government workers expect to work remotely eight or more days per month. Governing bodies worldwide need to deliver seamless collaboration for their fully remote and hybrid legislative bodies, enabling them to convene safely and securely – while adhering to procedures steeped in law and tradition.

Webex Legislate is a new secure, purpose-built cloud solution that extends Webex’s built-in security and privacy capabilities. The new solution meets the highly specialized requirements of global legislatures, providing a "better than being there" experience to give legislators the same capabilities as on the chamber or parliamentary floor, while attending sessions from their regions and remaining close to the citizens they represent. The new solution provides support for:

  • Legislators, by delivering an integrated experience that provides the video conferencing experience they already know via a new dashboard for all the governing business required in hearings and floor debates and votes. For example, it:
    • Allows legislatures the ability to debate and vote on legislation in accordance with their rules, procedures, and norms via customized voting features
    • Enables secure sidebar rooms that mimic the conversations legislators have in caucus or on the floor. These rooms can be ad hoc or permanent
    • Offers simultaneous interpretation and closed captioning making it easy for legislative sessions to be conducted in multiple languages
  • Moderators, by enabling complete customization so Webex Legislate will allow for the unique rules, procedures, and roles of each legislative body. That means appropriate permissions are given to committee chairs, speakers, legislators, staff, citizens, press and so on. The solution also provides timers, detailed mute controls and more to easily manage orderly proceedings.

Designed to meet legislative security needs, the solution enables:

    • Single sign-on with multifactor authentication
    • Visual and verbal verification with secure lobby admission to verify the identity of voting members
    • Chain of custody for all procedures, including voting
    • Anonymous or customized voting, with detailed statistics by party and voter

Webex Legislate was funded and co-developed by Cisco’s Country Digital Acceleration (CDA) program, in conjunction with Irish systems integrator and Cisco partner, Davra. The Cisco CDA program, which is active in 37 countries around the world, delivers sustainable digital solutions in collaboration with national and local government leaders to address real societal problems. The CDA program provides Cisco partners a unique opportunity to co-develop and co-innovate technology solutions that align with national digital agendas around the world. Webex Legislate is an example of how partners can use the Webex software development kit to develop custom applications on top of Webex to help accelerate their customers cloud adoption.

Additionally, Cisco has achieved Federal Risk and Authorization Management Program (FedRAMP) authority to operate for Webex calling, meeting, and messaging solutions, allowing U.S. federal employees and contractors to experience the work-from-anywhere benefits of cloud collaboration while meeting stringent government requirements. These capabilities will soon be available in a single Webex app, making it easy for users to escalate messages into calls or video conferences, and share content on room video devices. Learn more here.

Cisco’s Connected Justice solution is the first standards-based video solution to deliver comprehensive, connected professional services to courts, correctional facilities and community corrections. Covid-19 made delivering critical services without physical contact essential. Cisco partners Cloverhound and TRACKtech have customized connected solutions for partners to be able to order that align to the three pillars of justice-courts, corrections, and community supervision. This solution enhances collaboration across agencies, maintains daily operations and can help reduce recidivism.

The new solution provides support for:

  • Courtrooms:
    • Brings courtroom participants together via real-time video creating a safe and secure environment
    • Offers the courts the ability to hold virtual hearings with an integrated docket dashboard that identifies a virtual lobby and side rooms, via partner Cloverhound. This brings extra efficiencies and accelerates court activities
    • Support for managing the hybrid court with physical attendees in a court hearing so a judge can see both virtual and in-person participants
  • Correctional Facilities:
    • Provides seamless virtual visitation services via simplified workflow and user experience. New custom designed scheduling software from Cisco CX is built for this specific environment
    • Increases and simplifies remote access to critical services such as court appearances, telehealth services and distance learning
  • Community Corrections:
    • Helps government agencies better reduce recidivism by delivering rehabilitative support and supervision, via a new mobile advanced supervision and integrated case management solution from Cisco partner TRACKtech
    • New mobile solution provides increased caseload efficiency by notifying staff members of incompliance allowing them to spend their time where it is needed most
    • Simplifies delivery of essential support services such as remote check-ins, teletherapy recovery and behavioral health counseling and homeless services
      • For example, using Webex Teams integrated with TRACKtech products, one major US judicial district was able to increase caseload productivity by visiting 3x more clients in a day with virtual home visits
      • In addition, by utilizing Cisco’s video end points with TRACKtech, the judicial district was able to save the equivalent of their entire annual fleet management budget

"The beauty of Cisco’s courtroom technology, using Webex and the underlying secure infrastructure, is that the public now sees virtual courtrooms as a way to keep the wheels of justice turning, not only during Covid-19, but beyond," said Elkhart County Director of Information Technology Matthew Dietz. "For judges is it was easy to use and serves our citizens efficiently—allowing people to take a 15-minute break to attend a hearing instead of spending a half-day in court."

Increased Funding Office Expertise

Government funding to support Covid-19 response efforts is available. This year, Cisco doubled its expert team to help ensure business continuity of government globally by assisting customers to navigate the programs and processes. Cisco experts can help customers navigate the process of securing funding by helping identify potential funding sources for projects. Together the expanded team brings decades of expertise and has supported thousands of customers through this process.

Additional Resources

About Cisco  

Cisco (NASDAQ: CSCO) is the worldwide leader in technology that powers the Internet. Cisco inspires new possibilities by reimagining your applications, securing your data, transforming your infrastructure, and empowering your teams for a global and inclusive future. Discover more on The Networkand follow us on Twitter at @Cisco.

Cisco and the Cisco logo are trademarks or registered trademarks of Cisco and/or its affiliates in the U.S. and other countries. A listing of Cisco’s trademarks can be found at www.cisco.com/go/trademarks. Third-party trademarks mentioned are the property of their respective owners. The use of the word partner does not imply a partnership relationship between Cisco and any other company.

Contact:
Toni Davis
984-212-0163
tondavis@cisco.com

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PR Newswire

YellowScan launches its new updated Mapper product offering

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A high-performance solution integrating the Livox Horizon laser scanner

MONTPELLIER, France, Oct. 28, 2020 — YellowScan, a global leader in UAV LiDAR solution, today launches its updated Mapper product offer. The YellowScan Mapper sets a new standard for LiDAR scanning by integrating Livox’s Horizon laser scanner into a solution benefiting from YellowScan’s years of experience. The disruptive pricing and high performance of the Horizon scanner allows YellowScan to offer an integrated solution that lives up to its high standard of technical capabilities and customer support, at a price point affordable to a larger base of professional users.

Drone M300
Drone M300

Unlike other YellowScan solutions, the YellowScan Mapper is a purely a aerial LiDAR solution that is ideally flown at 70m above ground level. It is designed to fit all DJI professional drones (M200, M210, M300, M600) and comes with an integrated camera module. YellowScan Mapper is ideal for general topography projects and is particularly suited for archaeology, forestry and post-disaster missions. The YellowScan Mapper seamlessly integrates with existing YellowScan’s software solutions, LiveStation and CloudStation, making it easy to remotely check data while the system is flying, and comprehensively post-process, visualize and export survey data.

"We wanted to upgrade our Mapper product by applying the learning and experience we gathered over the years. The Livox Horizon scanner showed impressive performance, and allowed us to offer a quality system at a price that makes it more accessible to a wider user base. Whether you purchase the Mapper or any of our other solutions, you will get the same level of training and support that YellowScan has come to be known for around the world", stated Tristan Allouis, YellowScan’s CTO.

YellowScan will be holding a Demo Day on November 26, 2020 and January 20, 2021. Register on our site to learn more about the YellowScan Mapper and the rest of our hardware and software offerings.

About YellowScan

At YellowScan we design, develop, and build our UAV LiDAR solutions to exceed the expectations of professionals requiring performance, robustness and accuracy. Our complete range of hardware and software solutions are compact, easy-to-use data collection tools, that come with an unparalleled level of training and support from our experts.

Founded in 2012, YellowScan has customers around the world that use its technology for surveying, forestry, environmental research, archaeology, industrial inspection, civil engineering and mining sectors. YellowScan is headquartered in France, with offices in the United States and Japan, along with sales and support teams around the globe.

For more information please visit www.yellowscan-lidar.com 

Contact

Morgane Selve
Communication Manager
Direct Line: Tel: +33 (0)4 11 93 14 23
morgane.selve@yellowscan-lidar.com

 

YellowScan-Mapper
YellowScan-Mapper

 

 

 

 

PR Newswire

Lumen automates DDoS mitigation as attacks surge worldwide

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Emergency activations increase by as much as 1,200% since July

DENVER, Oct. 28, 2020 — Cybersecurity experts have seen a dramatic rise in sophisticated distributed denial of service (DDoS) attacks in recent months. Downtime from these events cost businesses an average of $221,000, so the speed to react is more critical than ever.

DDoS Attacks By the Numbers
DDoS Attacks By the Numbers

In response to this need, Lumen Technologies (NYSE: LUMN) is announcing significant upgrades to its industry-leading DDoS Mitigation Service. These new features – which can now be activated on demand – help customers better protect their essential web-facing assets and applications, and reduce the risk of collateral damage during attacks.

Lumen’s new DDoS capabilities include:

  • Rapid Threat Defense. This software-based, automated detection and response service automatically detects and immediately blocks malicious entities such as DDoS botnets. For customers, this means improved application security and availability – even against newly discovered and evolving threats.

    Rapid Threat Defense leverages threat intelligence developed by Black Lotus Labs – Lumen’s threat research and response team. Lumen runs one of the largest IP backbones in the world, which gives Black Lotus Labs unsurpassed visibility to uncover and block attacks earlier than ever – before they ever reach customers’ applications.

  • Three-Tiered Scrubbing Architecture. Lumen believes that intelligent platforms are more effective at threat mitigation in a data center than capacity-only approaches. To that end, the company has developed a proprietary, three-tiered scrubbing approach that uses next-gen technology to mitigate attacks based on size and complexity. Intelligent routing sends larger, more complex attacks to the larger scrubbers, which ensures customers’ business-critical applications continue to perform – both at peacetime, and while under attack.
  • DDoS Hyper. Launched last week, DDoS Hyper is part of the new Lumen digital buying experience, which enables customers to order, configure, and deploy DDoS mitigation services via a self-service portal in minutes.

"Lumen is focused on developing platforms that help customers deploy and secure the applications that power 4th Industrial Revolution," said Chris Smith, vice president of global security services at Lumen. "We leverage our insights to automate detection and response at a global scale, and this allows our customers to maintain the critical web-facing assets that power their businesses."

"With the recent spike in DDoS attacks, the speed of response to new attacks is more crucial than ever before," said Martha Vazquez, senior security research analyst, IDC Research. "Service providers are at a point where they need to speed up response times to stop these advanced attacks from occurring immediately. Having an automated response that can prevent bad traffic from ever reaching the customer is critical, and the ability to instantly spin up a security service rapidly – such as with DDoS Hyper – is beneficial for those who are already under attack or believe one is imminent."

Additional Resources:

  • DDoS Calculator: Estimate the cost of a DDoS attack
  • White Paper: The new cyber arms race – a changing attack landscape requires a modernized strategy
  • Data Sheet: Lumen DDoS Mitigation Service features and specs
  • Data Sheet: Lumen’s Rapid Threat Defense capabilities

About Lumen
Lumen is guided by our belief that humanity is at its best when technology advances the way we live and work. With approximately 450,000 route fiber miles and serving customers in more than 60 countries, we deliver the fastest, most secure platform for applications and data to help businesses, government and communities deliver amazing experiences.

Learn more about Lumen’s network, edge cloud, security, communication and collaboration solutions, and our purpose to further human progress through technology at news.lumen.com, LinkedIn: /lumentechnologies, Twitter: @lumentechco, Facebook: /lumentechnologies, Instagram: @lumentechnologies and YouTube: /lumentechnologies. Lumen and Lumen Technologies are registered trademarks of Lumen Technologies, LLC in the United States. Lumen Technologies, LLC is a wholly owned affiliate of CenturyLink, Inc.

* The Lumen brand was launched on September 14, 2020. As a result, CenturyLink, Inc. is referred to as Lumen Technologies, or simply Lumen. The legal name CenturyLink, Inc. is expected to be formally changed to Lumen Technologies, Inc. upon the completion of all applicable requirements.

Services not available everywhere. Business customers only. Lumen may change, cancel or substitute products and services, or vary them by service area at its sole discretion without notice. ©2020 Lumen Technologies. All Rights Reserved.

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PR Newswire

Reveal and Epiq Announce Artificial Intelligence Enterprise Licensing Agreement

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Industry leaders expand relationship providing access to Reveal’s AI technology to Epiq clients globally

CHICAGO, Oct. 27, 2020 — Reveal, a groundbreaking eDiscovery technology company, and Epiq, a global leader in the legal services industry, today announced a global enterprise license agreement for the use of Reveal’s artificial intelligence technology.


The new enterprise license provides all Epiq clients with expanded access to Reveal’s artificial intelligence platform with Reveal’s recently announced acquisition of NexLP, a leader in the legal artificial intelligence space.  Reveal’s artificial intelligence platform turns disparate, unstructured data into meaningful insights that can be used to deliver operational efficiencies and strategic advantages for use with eDiscovery cases and Investigations.

"Epiq is excited to partner with Reveal as it expands its analytics and artificial intelligence offering through the acquisition of NexLP, a long standing and highly strategic partner of Epiq," said Doug Mazlish, SVP, strategic alliances. "We are looking forward to continuing to provide our clients best in class legal technology solutions in partnership with Reveal. Reveal’s investment in NexLP will further fuel their innovation in artificial intelligence in the legal industry and allow Epiq to continue to be an innovation leader in the market."

"Epiq was an early adopter of Reveal AI and has consistently developed workflows around the platform to solve complex challenges," said Wendell Jisa, CEO of Reveal. "This is an exciting opportunity for Reveal to collaborate with one of the industry’s most dominant legal service providers in bringing our next generation technology to the masses."

Epiq clients can access the next-generation AI solution now. Epiq has long provided the Reveal AI software to legal services clients, but now expands the capability across all business workflows whether deployed in an Epiq managed data center or in the Cloud, providing agility and flexibility for any client requirement. All Reveal AI features, including the industry-exclusive AI Model Library, become part of Epiq’s expanded enterprise license.

About Epiq

Epiq, a global leader in the legal services industry, takes on large-scale, increasingly complex tasks for corporate counsel, law firms, and business professionals with efficiency, clarity, and confidence. Clients rely on Epiq to streamline the administration of business operations, class action and mass tort, court reporting, eDiscovery, regulatory, compliance, restructuring, and bankruptcy matters. Epiq subject-matter experts and technologies create efficiency through expertise and deliver confidence to high-performing clients around the world.

About Reveal

Reveal is the industry’s only eDiscovery platform powered by artificial intelligence. As a cloud-based software provider, Reveal offers the full range of processing, early case assessment, review, infrastructure and artificial intelligence capabilities. Reveal clients include law firms, Fortune 500 corporations, legal service providers, government agencies and financial institutions in more than 40 countries across five continents. Featuring deployment options in the cloud or on-premise, an intuitive user design, multilingual user interfaces and the automatic detection of more than 160 languages, Reveal accelerates legal review, saving users time and money. For more information, visit http://www.revealdata.com.

Contact: PR@revealdata.com

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PR Newswire

Thaioil partners with Plug and Play to drive innovation in Smart Manufacturing and Sustainable Future

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BANGKOK, Oct. 27, 2020 — Thai Oil Public Company Limited, Thailand’s largest oil refinery and supplier of petroleum products, has partnered with Plug and Play Tech Center, a global innovation platform based in Silicon Valley, to help drive business growth opportunities and accelerate their ambition to lead Thailand’s energy sector to a smart manufacturing and sustainable future.

From left to right: Luck Saraya - Managing Director at TOP Ventures by Thaioil, Pongpun Amornvivat - Executive Vice President Innovation and Digitalization at Thai Oil PCL, Shawn Dehpanah - Executive Vice President and Head of Corporate Innovation APAC at Plug and Play Tech Center, and Tanya Tongwaranan - Program Manager Thailand at Plug and Play Tech Center.
From left to right: Luck Saraya – Managing Director at TOP Ventures by Thaioil, Pongpun Amornvivat – Executive Vice President Innovation and Digitalization at Thai Oil PCL, Shawn Dehpanah – Executive Vice President and Head of Corporate Innovation APAC at Plug and Play Tech Center, and Tanya Tongwaranan – Program Manager Thailand at Plug and Play Tech Center.

Thaioil’s venture capital arm "TOP Ventures" reflects the company’s commitment to its vision to Empower Human Life through Sustainable Energy and Chemicals as it seeks to invest and build partnership with outstanding startup companies around the world.

"Quality leads with robust engagement approach to such technologies are critical for success of the program. Access to Plug and Play’s ecosystem of over 10,000 startups focused on transforming the energy sector helps us bring innovative technology solutions to fruition faster," said Pongpun Amornvivat, Executive Vice President Innovation and Digitalization at Thai Oil PCL.

TOP Ventures have a firm hold on three blueprints for investments including: Industrial Technology that enhances efficiency and safety of the enterprise, Sustainability Technology that extends their current business into environmentally friendly products and technology, as well as into high value product and circular economy and New Mobility and Energy Technology that provides diversity to the current hydrocarbon-based portfolio.

"Our CVC program strives for value creation to both startup ecosystem and Thaioil and Subsidiaries. The program is built on 3 cornerstones: our investment thesis, deal and partnership leads and knowledge from our partner Plug and Play and our commitment to environmental, social and governance (ESG) practice," said Luck Saraya, Managing Director at TOP Ventures by Thaioil.

"Our renewable energy and sustainability mission under Plug and Play Thailand Smart Cities Program align well with Thaioil’s commitment to reduce emissions and transition towards Industry 4.0. We are incredibly excited for this partnership and look forward to Thaioil’s engagement with our innovation ecosystem with global connections," said Shawn Dehpanah, Executive Vice President and Head of Corporate Innovation APAC at Plug and Play Tech Center.

Thaioil joins Plug and Play with 7 corporations in their Thailand Smart Cities Program, including Charoen Pokphand Group (C.P. Group), PTT Group Plc, Bangkok Dusit Medical Services (BDMS), K.E. Group, Filinvest Development Corporation, and Bangchak. 

About Thaioil

Founded in 1961, Thai Oil Plc operate one of the most efficient refineries in Asia Pacific with the current capacity of 275,000 barrels per day. Thaioil operates under the Operational Excellence principle, operating as an integrated group of businesses in oil refinery, petrochemicals and lube base oil with supporting businesses, e.g. power generation, solvents, logistics and renewable energy generation, LAB: an intermediate in the production of surfactants, marine and pipeline transportation and storage services of crude, petroleum and petrochemical products. For more information, visit https://www.thaioilgroup.com

About Plug and Play

Plug and Play is a global innovation platform. Headquartered in Silicon Valley, we have built accelerator programs, corporate innovation services and an in-house VC to make technological advancement progress faster than ever before. Since inception in 2006, our programs have expanded worldwide to include a presence in 32 locations globally giving startups the necessary resources to succeed in Silicon Valley and beyond. With over 10,000 startups and 400 official corporate partners, we have created the ultimate startup ecosystem in many industries. Companies in our community have raised over $9 billion in funding, with successful portfolio exits including Danger, Rappi, Dropbox, Lending Club and PayPal. For more information, visit https://www.plugandplayapac.com/smart-cities.

PR Newswire

Hollysys Automation Technologies to Announce Fiscal Year 2021 First Quarter Financial Results and Host Earnings Conference Call on November 12, 2021 US ET

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BEIJING, Oct. 27, 2020 — Hollysys Automation Technologies Ltd. (NASDAQ: HOLI) ("Hollysys" or the "Company"), a leading provider of automation and control technologies and applications in China, today announced that it will report its financial results for fiscal year 2021 first quarter on November 12, 2020 U.S. Eastern Time.

The Company will host a conference call at 8:00 pm November 12, 2020 U.S. Eastern Time / 9:00 am November 13, 2020 Beijing Time, to discuss the financial results for fiscal year 2021 first quarter ended September 30, 2020 and business outlook.

Joining the Conference Call:

1. Please register in advance of the conference using the link provided below. Upon registering, you will be provided with participant dial-in numbers, Direct Event passcode and unique registrant ID.
2. In the 10 minutes prior to the call start time, you will need to use the conference access information provided in the email received at the point of registering.

Note: Due to regional restrictions some participants may receive operator assistance when joining this conference call and will not be automatically connected.

Helpful keypad commands:
*0 – Operator assistance
*6 – Self mute/unmute

Direct Event online registration: http://apac.directeventreg.com/registration/event/3446698. Please use Conference ID 3446698 for entry if the link fails to lead directly to the registration page.

In addition, a recording of the conference call will be accessible within 48 hours via Hollysys’ website at: http://hollysys.investorroom.com

About Hollysys Automation Technologies Ltd. (NASDAQ: HOLI)

Hollysys is a leading automation control system solutions provider in China, with overseas operations in eight other countries and regions throughout Asia. Leveraging its proprietary technology and deep industry know-how, Hollysys empowers its customers with enhanced operational safety, reliability, efficiency, and intelligence which are critical to their businesses. Hollysys derives its revenues mainly from providing integrated solutions for industrial automation and rail transportation. In industrial automation, Hollysys delivers the full spectrum of automation hardware, software, and services spanning field devices, control systems, enterprise manufacturing management and cloud-based applications. In rail transportation, Hollysys provides advanced signaling control and SCADA (Supervisory Control and Data Acquisition) systems for high-speed rail and urban rail (including subways). Founded in 1993, with technical expertise and innovation, Hollysys has grown from a research team specializing in automation control in the power industry into a group providing integrated automation control system solutions for customers in diverse industry verticals. Hollysys had cumulatively carried out more than 30,000 projects for approximately 17,000 customers in various sectors including power, petrochemical, high-speed rail, and urban rail, in which Hollysys has established leading market positions.

SAFE HARBOUR:

This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact included herein are "forward-looking statements," including statements regarding: the ability of the Company to achieve its commercial objectives; the business strategy, plans and objectives of the Company and its subsidiaries; and any other statements of non-historical information. These forward-looking statements are often identified by the use of forward-looking terminology such as "believes," "expects" or similar expressions, involve known and unknown risks and uncertainties. Such forward-looking statements, based upon the current beliefs and expectations of Hollysys’ management, are subject to risks and uncertainties, which could cause actual results to differ from the forward looking statements. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, they do involve assumptions, risks and uncertainties, and these expectations may prove to be incorrect. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company’s actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the Company’s reports that are filed with the Securities and Exchange Commission and available on its website (http://www.sec.gov). All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements.

For further information, please contact:

Hollysys Automation Technologies Ltd.
www.hollysys.com
+8610-58981386
investors@hollysys.com

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