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PR Newswire

Rokt closes US$80M Series D investment round as COVID-19 drives significant demand in e-commerce

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The tech leader sees a 42% increase in valuation in 2020, to more than US$450M

NEW YORK, Oct. 26, 2020 — Rokt, the global leader in e-commerce technology, today announced an investment of US$80M. The capital will help accelerate research & development and support the expansion of its client base into new verticals and geographies as Rokt continues to make e-commerce smarter, faster, and better.

The funding round was led by Rokt’s largest institutional shareholder TDM Growth Partners, and supported by other existing investors including Square Peg. In just this year alone, Rokt’s valuation has increased 42% to more than US$450M.

While the COVID-19 pandemic has shaken the foundations of corporations and startups alike, it has also created a strong market demand for e-commerce and in turn, for Rokt. Limited in-person shopping and rapidly changing consumer spending habits have led companies in all categories to accelerate their digital transformation, and e-commerce has deepened its foothold in daily lives.

"With the industry facing COVID-related challenges, brands need alternative revenue sources and acquisition channels," said CEO, Bruce Buchanan. "Rokt continues to be laser-focused on bringing value to the hundreds of e-commerce companies that rely on our technology to deliver top- and bottom line results, and will continue to drive innovation and deliver results that the market desperately needs," Bruce continued, "We are delighted for the investment and strategic guidance from our shareholders and look forward to continuing to deliver on our mission." 

"Despite the COVID-19 pandemic and the resulting uncertainty, we still have high conviction in market leading technology companies. Rokt is certainly one of these businesses. We are thrilled to increase our investment in Rokt and continue our partnership with Bruce and the business," said TDM partner, Tom Cowan.

The additional funding sets up a strong foundation for continued rapid growth of Rokt. Rokt closed their US$48M Series C investment round less than a year ago. Recently, they have invested in strengthening their leadership team, hiring an SVP of Marketing, a new Chief Technology Officer, and 3 additional executive appointments in the last 4 months. Their world-class technology was also recognized by the MarTech Breakthrough awards as the Best Use of AI in MarTech.

For more information about the companies, visit Rokt, TDM Growth Partners, and Square Peg.

ABOUT ROKT

Rokt is the global leader in e-commerce technology, powering the Transaction Moment™ of best-in-class companies including Expedia, Live Nation, Groupon, Staples, Lands’ End, Fanatics, GoDaddy, Vistaprint, and HelloFresh. Rokt’s mission: To make e-commerce smarter, faster, and better.

Through its proprietary technology, Rokt enables its e-commerce clients to increase brand engagement and unlock new revenues in the Transaction Moment™, allowing them to stay ahead of their competition while delivering a superior and individualized experience for each customer.

Founded in Sydney, the company now operates in the US, Canada, the UK, Ireland, France, Germany, the Netherlands, Denmark, Sweden, Norway, Finland, Spain, Australia, New Zealand, Singapore, and Japan. Learn more at rokt.com. 

ABOUT TDM. GROWTH PARTNERS

TDM Growth Partners is a global investment firm with offices currently in Sydney and New York.

TDM invests in fast growing companies run by passionate management teams. Our unique and flexible mandate allows us to invest in public and private companies globally.

TDM operates on long-term time horizons, and a commitment to help build businesses we’re proud of. We have a highly focused approach to investing, with a portfolio of no more than 15 investments globally. TDM has the ability to deploy capital up to $150 million per investment. https://www.tdmgrowthpartners.com/

ABOUT SQUARE PEG

Square Peg is a venture capital firm on a mission to empower exceptional founders. It invests in technology companies across Australia, Israel and Southeast Asia with a focus on Series A and B. Square Peg is investing out of its US$235 million 2018 fund and manages US$1 billion in capital commitments.
www.spc.vc

Rokt team virtually celebrates closing their Series D investment round amid the COVID-19 pandemic
Rokt team virtually celebrates closing their Series D investment round amid the COVID-19 pandemic

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PR Newswire

Anviz Launches New Generation Face Recognition Solutions in Response to Post-Pandemic World

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— FaceDeep5 & FaceDeep 5 IRT New Product Release

SAN FRANCISCO, Oct. 25, 2020 — In the past couple of months, the COVID-19 pandemic has caused multiple disruptions and safety concerns for organizations across every industry. As businesses struggle to create a safe, comfortable return for employees, customers, and vendors, touchless and thermal management has become an integral part of requirements in providing immediate, visual scanning solutions.

FaceDeep 5 is Anviz's newest smart face recognition terminal with a temperature screening function
FaceDeep 5 is Anviz’s newest smart face recognition terminal with a temperature screening function

Anviz, a demonstrated biometric and AIOT technology provider since 2001, pioneered touchless registration and face-based check-in & access management of its latest innovation. It is excited to announce the release of a strategic addition to its product line, FaceDeep 5 and FaceDeep 5 IRT, a fully integrated Contactless and Thermal Management Solution for the people to access control of entrances or record attendance time and simultaneously check temperature and mask-wearing without having to touch a terminal or gate, requirements which are quickly finding their way into commercial offices, hospitality and retail chains, hopeful crowded sports arenas, medical facilities, and more.

Equipped with Infrared Thermal Temperature Detection Camera, FaceDeep 5 IRT is specially designed to rapidly scan users with elevated body temperature in less than 0.3 seconds within 3.2 feet and customizes alerts and a variety of reporting for high-temperature notifications and no-mask wearing.

Specifically, the temperature screening with thermographic technology (32×32 pixels), is more accurate and faster to catch up than others with thermopile technology (single point) in the market. And the dual facial recognition cameras (IR & VIS) incorporate a BioNano, state-of-the-art facial recognition algorithm plus RFID(both 125Khz and 13.56Mhz) reading technology.

Completely configurable, the platform can be managed on the device or in the CrossChex Software application and provided with SDK for 3rd party integration if need.  Apart from its many competitive advantages, FaceDeep5 is IP65 compliant and applicable to outdoors.

In addition, as a long-time technology innovator, Anviz is also developing cloud-based fully integrated people engagement platforms including true mobile device management. Plus, Anviz is also providing a variety of mounts and stands for the terminals. Just as David, Anviz BD Director in North America explained, "The demand for our surface wall and desktop model was clear from the start, but as we started to see significantly increased interest from commercial buildings, sports arenas, international hotel chains, and expansive casinos, we needed a variety of highly durable stands to increase adaptability and use in high-traffic areas."

About Anviz

As a leading provider of converged intelligent security solutions, Anviz Global Inc. is committed to providing comprehensive Biometrics access control, time & attendance as well as IP video surveillance solutions to millions of SMB and enterprises clients globally. Anviz is energetic and open to the latest trends and markets always. By combining world renowned biometric algorithms with cloud, IoT and AI technologies, Anviz has introduced innovations to the security industry worldwide and developed 6 subsidiaries to serve partners over 140 countries in the last decades.

For more information, please visit www.anviz.com or contact directly via email at marketing@anviz.com.

PR Newswire

Financial Report July – September 2020

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STOCKHOLM, Oct. 23, 2020 —

Financial Summary – Q3’20

  • Net Sales and Cash flow were better than expected
  • Net Sales of $371 million declined by 20% including an Organic Sales1  decline of 7%
  • Active Safety Net Sales of $170 million declined by 5% including an Organic Sales decline of 9%
  • Operating Cash flow was positive $1 million, which includes positive timing effects in the quarter

Outlook

  • Net Sales are expected to return to organic growth during Q4’20 and outperform the global LVP during H2’20
  • Currency translation, net is expected to be slightly positive for FY’20
  • RD&E, net is expected to improve by more than $100 million from 2019 (on a comparable basis)
  • Operating loss is expected to improve from 2019 levels (on a comparable basis), and Cash flow before financing activities1 is now expected to be better than $(170) million for H2’20

Business  Highlights

  • Cash flow before financing activities tracking better than our previous expectations for FY’20
  • Veoneer and Qualcomm Technologies, Inc. announced their intent to collaborate on the delivery of ADAS, Collaborative and AD solutions powered by Veoneer’s next-generation perception and driving policy software stack and the Qualcomm® Snapdragon Ride™ ADAS/AD scalable portfolio of System on Chip (SoC), and Accelerators
  • Completed the divestiture of the VBS-US operations to ZF Friedrichshafen AG
  • Market Adjustment Initiatives (MAI) program continues to contribute to the improved operating loss and cash flow performance
  • Order intake is approximately $600 million during the LTM, where Active Safety is approximately two thirds of the LTM order intake

Comments from Jan Carlson, Chairman, President and CEO

Health and safety continue to be our first priorities and we are closely monitoring the development of the COVID-19 pandemic, which unfortunately shows signs of becoming more severe again, and we are staying ready to take the necessary safety precautions and business actions.

Vehicle production accelerated through the quarter, leading to a rapid increase in demand in the entire automotive supply chain, in a time when we are still fighting the effects of the global COVID-19 pandemic. In this challenging environment we executed a record number of activities including: successful vehicle launches, continued market adjustment initiatives, signing of a letter of intent with Qualcomm, finalizing the split of Zenuity and the divestment of our brake business. To summarize our underlying performance improved in almost all metrics. I am pleased with Veoneer’s operational performance in the third quarter and I would like to thank the entire Veoneer team for their focus, dedication and discipline during this highly unusual year.

Cash flow was particularly strong in the quarter and while it included certain timing effects it allows us to expect a better 2020 full year cash flow before financing than previously expected. Our market adjustment initiatives also continue to deliver the targeted improvements, we are establishing new levels of run- rate for cash flow and capital expenditures and continue to drive improvements in RD&E efficiency.

Our daily execution is the foundation that will allow our plans to materialize, and I am pleased that we are managing key launches well including the flagship Mercedes S-Class, the Subaru Levorg and the Volvo XC40 Electric. We are on track for additional fourth quarter and early 2021 launches. This development is fundamental to achieving our stated target to return to organic growth towards the later part of 2020. The selection by EuroNCAP of the Mercedes GLE as the best vehicle in its 2020 test for assisted driving, where most of the active safety content comes from Veoneer is another recent important technology proof-point.

The Qualcomm collaboration is important to Veoneer for multiple reasons. Technologically, it strengthens our capability to provide a full scalable system for the next generation ADAS and later autonomous driving. The combination of Veoneer’s software for perception and drive policy and Qualcomm’s powerful and energy efficient System On a Chip (SoC) will bring a competitive offer to the market for vehicle launches in 2024 and beyond. Commercially, the go-to-market strategy led by Qualcomm will allow for broader access to the market. We are well on track to finalize the initial agreement during the fourth quarter.

Our focus areas first outlined at the beginning of 2020 remain: successful customer launches in 2020 and heading into 2021, market adjustment initiatives to continue to drive efficiencies and improve cash flow, and continuing to win profitable new business.

An earnings conference call will be held today, Friday, October 23, 2020 at 15:00 CET. To follow the webcast or to obtain the phone number/pin code, please see www.veoneer.com. The slide deck will be available on our website prior to the earnings conference call. 1 For all Non-U.S. GAAP financial measures, see the reconciliation tables in this earnings release, including the Non-U.S. GAAP Financial Measures section and further discussion of the forward-looking Non-U.S. GAAP financial measures on page  11.

    
This report is information that Veoneer, Inc. is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the EVP Communications and IR set out above, at 12:00 CET on Friday, October 23, 2020.

Contacts:

Thomas Jönsson – EVP Communications & IR, +46 8 527 762 27 or thomas.jonsson@veoneer.com
Ray Pekar – VP Investor Relations, +1 248 794 4537 or ray.pekar@veoneer.com. Inquiries – Company Corporate website www.veoneer.com

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/veoneer/r/financial-report-july—september-2020,c3221807

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PR Newswire

All Wondershare Software Now Compatible with iOS 14

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VANCOUVER, BC, Oct. 23, 2020 — Wondershare announced today that all of it mobile products are compatible with iOS 14. As a global leader in software development and a pioneer in the field of digital creativity, Wondershare is committed to providing its users with seamless solutions for iOS 14.

All Wondershare Software Now Compatible with iOS 14
All Wondershare Software Now Compatible with iOS 14

"Apple’s latest iOS14 system is providing a smarter, safer, and more convenient way to protect your data," says Tobee Wu, CEO of Wondershare. "We are dedicated to providing the best software experience possible for our users and so we have made all of our apps compatible with the latest iPhone and iPad system."

This is an important change for the teams behind all of Wondershare’s mobile products as well.

"With the iOS14 compatibility upgrade we’ve also been able to add new features," says Alex Lu, Product Director for Wondershare FilmoraGo. "Our users will experience faster video creation and get access to dozens of cool sticker packs and 20 new template sets. We’ve added all that, and we’ve still been able to reduce the app size by 26%."

Wondershare FilmoraGo – create stories with iOS14

Wondershare FilmoraGo is an easy-to-use video editing app with advanced features and tons of ways to be creative. Edit music videos, make movies, and share videos with friends. Users will save time and have a blast.

Wondershare Dr.Fone – the complete mobile solution for iOS14

Wondershare Dr.Fone provides a variety of solutions for iOS and Android devices such as data recovery, data transfer, WhatsApp transfer, phone cloning, system repair, unlocking, data erasing, and more.

Wondershare MobileTrans – ready to transfer between iOS14 and Android

Wondershare MobileTrans is a desktop software that lets users transfer WhatsApp data and other data between phones. It makes it easier to back up and restore data using multiple devices.

Wondershare TunesGo – must have phone manager for iOS14

Wondershare TunesGo allows users to manage and back up contacts, photos, music and SMS messages in a safer and simpler way.

About Wondershare:

Founded in 2003, Wondershare is a global leader in software development and a pioneer in the field of digital creativity. Our technology is powerful, and the solutions we provide are simple and convenient. That’s why we’re trusted by millions of people in over 150 countries worldwide. We help our users pursue their passions so that, together, we can build a more creative world.  

www.wondershare.com

 

Related Links :

http://www.wondershare.com/

PR Newswire

Zuper COVID-19 Compliance pack helps companies like IKEA manage safe business operations in the new reality

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– COVID-19 Compliance Pack offers companies new safety protocols and policies as they return to business as usual

SEATTLE, SINGAPORE and BANGKOK, Oct. 21, 2020 — Zuper, a platform for intelligent workforce management, today announced that it will be implementing its COVID-19 Compliance Pack (ZuperCCPack) at IKEA India, in order to help maintain the highest safety standards for their customers, co-workers and communities as the company returns to regular business operations.

With India beginning to reopen its economy, businesses are required to adhere to strict workflow protocols and policies to ensure safety, cleanliness and proper hygiene at the workplace. The ZuperCCPack is designed and developed to specifically address the needs of businesses resuming operations during the ongoing Coronavirus pandemic. The company worked closely with various healthcare, industry and compliance experts, as well as aligned its guidelines with leading global public health institutes to build this super resilient startup pack.  

Zuper’s technology-driven ZuperCCPack, enables IKEA India to take a proactive workflow approach to COVID-19 compliance and promote the highest level of safety as it resumes its assembly and installation services for its customers in Hyderabad, Mumbai and Pune.

"Our deep experience in workforce management enabled us to develop the most comprehensive compliance solution for businesses moving into a post-pandemic economy. The ZuperCCPack is specifically designed for users to take a proactive approach to COVID-19, which is a necessary component to efficiently operate in the new normal," says Anand Subbaraj, Chief Executive Officer. "As an existing technology partner of IKEA India, we keenly understand the importance of this initiative for all parties involved. The safety and well-being of the company’s customers and coworkers is paramount as they resume their service business in a safe and compliant manner."

The ZuperCCPack facilitates consumer centric companies to follow strict protocols including daily screenings of service coworkers for COVID-19 symptoms, ensuring the workers complete a detailed checklist prior to entering a customer’s home and initiating an after-visit checklist to ensure they don’t carry germs from one place to another, among many other capabilities. The service coworkers can use their mobile devices to complete each test and their supervisors can easily monitor and manage the workforce to ensure compliance, using a command center powered by Zuper.

"The safety and wellbeing of our co-workers, customers and community remain our highest priority as we resume our assembly and installation services at customers’ homes," said Santosh Sayari, Service Business Manager at IKEA Hyderabad. "During these unprecedented times, it is important we apply the best solutions available to efficiently manage and optimise our operations in order to provide the best customer experience possible. Zuper gave us the much-needed assurance to ensure all necessary and updated safety protocols and policies, in line with the latest public health guidelines & regulations."

About Zuper

Zuper enables organizations with field service teams to better organize and provide the best possible customer experience through its intelligent workforce management platform. The company’s white-label application allows businesses to efficiently manage their operations and workforces from anywhere and dispatch the right person with the right information at the right time. With Zuper, businesses can let consumers easily book a service call on-demand from any device and location. The company also helps organizations maintain COVID-19 compliance and create a safe environment for employees, customers, and the community through its ZuperCCPack. Founded in 2016, Zuper is headquartered in Seattle and has offices in India and the Middle East. For more information, please visit https://zuper.co/.

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PR Newswire

Retail Tech Startup Tiliter Raises $7.5M for Cashierless AI Shopping Technology

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Tiliter to increase global footprint as Investec invests through its IEC Australia Fund I

SYDNEY, Oct. 20, 2020 — Investor demand for innovative emerging companies remains strong with Australian AI tech startup Tiliter completing a $7.5 million capital raise, led by Investec Emerging Companies (IEC).

Eleanor Venture, a tech investment syndicate for angel investors, and New York’s Cornell University also participated in the funding round.

Tiliter is a leading artificial intelligence (AI) provider whose technology uses computer vision to recognise products without barcodes.

Its technology automatically identifies items, such as fresh produce, without the need for barcodes, packaging, and price stickers, making it easier for shoppers to manage during self-checkout.

Tiliter is currently focused on the Supermarket vertical and its camera and software system uses AI to pre-select items and remove the need for manual entry, with over 99% accuracy and in under one second.

Karen Chan, Head of Investec’s Emerging Companies division, said Tiliter aligned with the Fund’s philosophy of investing in companies with high growth potential backed by strong founders.

"We are excited to be working with the Tiliter team and believe this technology solves a very real need for both consumers and retailers in the Australian market and abroad," Chan said.

With retailers increasingly moving towards self-checkout and mobile-checkout options, Tiliter’s technology makes it easier and faster for customers to complete their transactions, reduces fraud, costs, and waste for businesses, and addresses the need for contactless purchases in a COVID-19 world. This can all be done with limited integration and no changes to the retailer’s IT infrastructure.

Tiliter was founded in 2017 by Marcel Herz, Martin Karafilis, and Chris Sampson. Commenting on the Tiliter team, Chan said, "The Tiliter co-founders are a visionary team, leveraging technology to solve the problems of the future.

"At IEC, we believe in acting as a true partner to our investee companies to provide advice, capital, and connectivity. We look forward to supporting the Tiliter team to reach their global growth aspirations."

Tiliter’s early adopters include Woolworths in Australia with over 20 live stores, Countdown in New Zealand, and several retail chains in the U.S., such as New York City’s Westside Market.

The company will use the latest funding to accelerate its expansion across Europe and the U.S., with many supermarkets to unveil Tiliter’s product recognition technology over the coming months.

CEO and co-founder of Tiliter Marcel Herz welcomed the funding from Investec and noted there had been a 300% increase in scan-and-go adoption in the U.S. over the past year due to COVID, and this growth is expected to rise globally.

"As an industry, we’re just at the beginning of how AI combined with computer vision will shape the future for brick-and-mortar and online shopping. It was important that we partner with investors that understand the new dynamics in retail innovation and the massive opportunity arising from this change," says Herz.

One factor many retail technology companies face is the cost and operational overhead to install and maintain their solutions.

"There has been an increased focus for Tiliter to create a plug-and-play solution for retailers and remove the operational friction of adopting cashier-less technology, particularly during the COVID pandemic," says Martin Karafilis, COO and co-founder of Tiliter.

"The end-to-end capability of Tiliter’s dedicated hardware and software is an example of how Tiliter’s recognition technology can be easily installed and used anywhere in the world at a lower cost than currently offered autonomous store solutions."

About Tiliter:

Tiliter makes software and hardware that uses computer vision to recognise products without barcodes. Tiliter is using machine learning and data analytic algorithms to disrupt industry practices and create the future now. For more information or to schedule a demo, visit www.tiliter.com or contact sales@tiliter.com. 

Media Contact: felicity.mullens@tiliter.com

About Investec Emerging Companies:

Investec Emerging Companies (IEC) is a division of Investec Australia. IEC partners with emerging companies to provide them with an integrated capital and advisory offering. The team partners with companies led by strong founders, with high growth potential and a demonstrated track record.

Media Contact: guy@honner.com.au

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tiliters-co-founders.jpg
Tiliter’s Co-Founders
Chris Sampson, Martin Karafilis and Marcel Herz (left to right)

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Tiliter

PR Newswire

Deltek Named A Best Place to Work in the Philippines

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Deltek’s Philippines office in Makati has received the prestigious award eight times since 2012

HERNDON, Virginia, Oct. 19, 2020 — Deltek, the leading global provider of software and information solutions for project-based businesses, announced today that its office in Makati has been named a Philippines Best Employer Brand. Deltek has received recognition from Best Employer Brands eight times since 2012. The awards, organized by World HRD Congress, promote the Best Employer Brands from various geographical regions.

"Our employees are the most critical component of our organization. We continue to drive innovation, collaboration and growth – even during these uncertain times, when we are working remotely. Our team in the Philippines shows unmatched resiliency, enthusiasm, passion and dedication – they truly embody what our culture at Deltek is all about," said Ed Hutner, SVP of Human Resources at Deltek. "On behalf of the entire team at Deltek, I want to extend my thanks to the World HRD Congress for recognizing us as a best place to work."

The Best Employer Brand Awards recognize companies across the Philippines that excel at fostering a positive working environment and engaging employees through best-in-class human resources practices, policies and strategies and have used marketing communications in attracting, developing and retaining talent.

Deltek’s office in Makati distinguished itself from other nominees through its world-class talent management, development and innovation programs to enable building a future-ready organization. "Best Employers" were selected following vigorous primary research conducted by the Employer Branding Institute (EBI).

Learn more about the award-winning team at Deltek.

About Deltek
Better software means better projects. Deltek is the leading global provider of enterprise software and information solutions for project-based businesses. More than 30,000 organizations and millions of users in over 80 countries around the world rely on Deltek for superior levels of project intelligence, management and collaboration. Our industry-focused expertise powers project success by helping firms achieve performance that maximizes productivity and revenue. Learn more at www.deltek.com.

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PR Newswire

Atos launches its 2021 IT Challenge on Digital Decarbonization

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PARIS, Oct. 19, 2020 — Atos, a global leader in digital transformation, launches the 10th edition of IT Challenge, an international student competition dedicated to technology innovation, and calls for submissions on digital decarbonization. Universities from all over the world are invited to reflect and submit ideas on how digital can decarbonize non-digital. This challenge offers the top 3 finalists an opportunity to turn their ideas into working concepts and a EUR10,000 prize for the overall winning team.

IT Challenge 2021 quick look
IT Challenge 2021 quick look

 

This year’s edition seeks to develop digital solutions that will support multiple areas of decarbonization and related initiatives, helping companies and society as a whole to tackle climate change. This entails creating a functioning application, mobile app, service or simulation to support industry, commerce and individuals in their drive for decarbonization.

Online idea submissions are open until November 29, 2020. The best 15 concepts will be selected and announced on December 18, 2020. The selected teams will start the second stage of the competition – app development. The jury will select the 3 finalist teams by July 7, 2021 and the final winner will be announced in Paris in July 2021. 

The theme of this edition references Atos’ ambitions on decarbonization, as Atos, a decarbonization leader in its industry has decarbonization as a core element of its growth strategy. In June 2020, Atos announced its commitment to achieve net-zero carbon emissions by 2035, a date which is 15 years ahead of the ambitious aim of the UN Paris Agreement on Climate Change to limit the global warming of the planet to 1.5 degree Celcius compared to pre-industrial levels.

Since the inception of the IT Challenge in 2012, participating students were empowered to develop applications connected to major trends in the digital revolution, such as smart mobility, connected cars, interactive media, connected life, the ‘right to be forgotten’, blockchain and artificial intelligence. Students are mentored by members of Atos Scientific Community who provide technical and practical support, advice and encouragement.  

More information about the IT challenge: https://www.atositchallenge.net/  

About Atos 

Atos is a global leader in digital transformation with 110,000 employees in 73 countries and annual revenue of EUR12 billion. European number one in Cloud, Cybersecurity and High-Performance Computing, the Group provides end-to-end Orchestrated Hybrid Cloud, Big Data, Business Applications and Digital Workplace solutions. The Group is the Worldwide Information Technology Partner for the Olympic & Paralympic Games and operates under the brands Atos, Atos|Syntel, and Unify. Atos is a SE (Societas Europaea), listed on the CAC40 Paris stock index. 

The purpose of Atos is to help design the future of the information space. Its expertise and services support the development of knowledge, education and research in a multicultural approach and contribute to the development of scientific and technological excellence. Across the world, the Group enables its customers and employees, and members of societies at large to live, work and develop sustainably, in a safe and secure information space. 

PR Newswire

SignOnSite is licensed by Trillium to provide a unique contactless worksite safety platform to help manage risk for complex construction projects

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A new digital platform radically changes risk and safety management in construction, which will be used in the construction of fueling stations.

HOUSTON, Oct. 18, 2020 — SignOnSite, the construction safety management system, today announced an agreement with Trillium CNG. Trillium is the Texas subsidiary of the Love’s Family of Companies that builds and manages compressed natural gas (CNG), electric vehicle (EV), and alternative energy fueling stations across the United States. Trillium will be using the SignOnSite personnel safety application to manage and protect workers at new CNG station building projects.

SignOnSite platform on all devices
SignOnSite platform on all devices

SignOnSite provides construction companies and their workers with a robust, but simple risk and safety management system that leverages the technology already on construction sites.

SignOnSite takes a highly unique approach to risk and safety management. Current systems require a top-down management model, where companies not only have to implement risk and safety management policies and procedures, but also have the burden of ensuring that the workers on site actively participate in them.

With SignOnSite, however, this model is flipped. The people on site are empowered with simple, straightforward technology that lets them easily engage with and participate in risk management processes. The construction company is then enabled with digital control of their sites and remote risk management capabilities.

For construction companies running complex projects, the increased efficiencies of a digital platform present a drastic increase in site management and safety risk management capabilities. Controls such as qualification and orientation management are complemented by productivity tools such as remote site visibility. Additionally, superintendents and project managers can manage site attendance, safety communication and even emergency evacuations.

Being a mobile app-based solution, SignOnSite is contactless and reduces COVID-19 transmission risk.

Job site safety is an ongoing concern for contractors, especially as process complexity increases which makes safety protocols more complex. OSHA estimates that nearly one-quarter of work-related industries are in the construction industry. Safety compliance and increased safety vigilance have been proven to reduce job-related injuries, reduce losses in time and money by 20% to 40%, and improve public safety.

Trillium is part of the Love’s Family of Companies which has a national network of truck stop and truck service locations. Trillium operates over 200 CNG fueling stations across the United States and offers services such as station design, construction, 24/7 operation and maintenance, grant writing, and commercial support. Building CNG fueling stations require unique design and safety measures to accommodate high-pressure tanks, including special installation procedures and using materials that are quite different from gasoline and diesel stations. CNG stations are subject to highly complex building codes and requirements and a more rigorous set of safety codes, standards, and regulations.

With SignOnSite, managers establish a site boundary on a digital map and workers are automatically logged into and out of the job site using a Passport credential set up in a SignOnSite smartphone app. In addition to attendance records, the SignOnSite app notifies workers of site safety rules, provides daily safety briefings, and shares work site information. It also can be used for site-specific orientations to ensure workers receive and acknowledge safety briefings. Workers also can use SignOnSite platform to store emergency contact information, qualifications, trade licenses and other data. A kiosk version also is available that provides on-site registration without the need for a mobile device.

"More mobile technology is being adopted on the job site, and we are seeing more North American companies like Trillium adopting mobile systems like SignOnSite to promote worker safety," said Mitch Harmer, Co-Founder & CEO of SignOnSite. "No other solution gives you real-time visibility into your on-site workforce while enforcing safety protocols and compliance. We expect more companies to adopt mobile solutions like SignOnSite to manage employee traffic and personnel safety."

In addition to registering employees entering the job site and providing safety updates, SignOnSite also generates site statistics reports to show worksite activity. Reports provide data such as the total number of site visitors, the number of subcontractors, the companies that visit the site, total hours, and more. Attendance data also can be shared with a Procore manpower register to calculate individual workers’ time on the job site.

About SignOnSite

SignOnSite is a personnel safety application used in construction, commercial, civil engineering, government, industrial, and utility sites. Proven in the field, SignOnSite has been used on more than 7,000 sites protecting 300,000 people. SignOnSite is designed to provide paperless management of workers on-site, including orientations, communications, and evacuations. With SignOnSite, managers get real-time visibility into their onsite workforce, including analytics for safety compliance and personnel management.

SignOnSite is headquartered in Canberra, Australia. For more information, visit www.signonsite.com.au.

Contact:

Nish Bandara
Head of Marketing, SignOnSite
+61 447 127 775
nish@signonsite.com.au

Construction worker on site
Construction worker on site

Mitch Harmer, CEO and Co-Founder
Mitch Harmer, CEO and Co-Founder

Related Links :

https://www.signonsite.com.au

PR Newswire

BGK agrees with IMF report: “Infrastructure investment is a key priority for the CESEE region to accelerate convergence toward the EU15”

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WARSAW, Poland, Oct. 17, 2020 — Infrastructure investment is a key priority for Countries in Central, Eastern, and Southern Europe (CESEE) to accelerate the convergence of the living standards toward the level of the more advance European countries, the EU15 – says the IMF report published on 28th Sep 2020. IMF highlights the Three Seas Initiative Investment Fund (3SIIF) as an initiative with the "aim to address infrastructure needs in CESEE."

The report estimates that closing 50% of the infrastructure gap until 2030 would require an annual investment of 3-8% of GDP. Attracting private investors should be an important step towards achieving this ambitious challenge.

To engage investors, the state development bank of Poland, Bank Gospodarstwa Krajowego (BGK), took the initiative to establish the Three Seas Initiative Investment Fund (3SIIF). In the report, the IMF mentions the Three Seas Fund as one of "the several initiatives aim to address infrastructure needs in CESEE".

"The Three Seas Fund is the economic dimension of the Three Seas Initiative. The Fund is the most important financial undertaking in Central and Eastern Europe. We set a clear goal for the Fund – financial support for infrastructure investments in the region. Such support is especially important these days as economies struggle with the effects of the COVID pandemic. The initiator and co-founder of the Fund is the Polish development bank BGK. We established the Fund together with our partners from the Romanian development bank EximBank" – says Beata Daszyńska-Muzyczka, the 3SIIF Supervisory Board Chairperson and BGK President.

The Three Seas Fund’s main objective is to invest in transport, energy and digital infrastructure on the north-south axis in the Three Seas countries and to offset the regional development differences in the European Union. The Fund is a commercial and market-driven initiative that will grant a diversified investment and an attractive return.

The IMF team also state that, if done right, infrastructure investment could yield significant dividends in the region. More and better public investment can help repair the economic damage of the pandemic, raise potential output, and speed income convergence with the EU15.

"At this time of economic slowdown, its benefits could be even larger. We estimate that for each percent of GDP spent on infrastructure, the output could rise by 0,5-0,75% in the short run and by 2-2,5% in the long run" – the report reads.

See full IMF report here: https://www.imf.org/en/News/Articles/2020/09/24/na092820-central-eastern-southeastern-europe-after-covid-19-securing-recovery-wise-public-investment

Visit the 3SIIF website here: https://3siif.eu/

Contact with BGK press office:
Bank Gospodarstwa Krajowego
Anna Czyż, tel. +48609220208, media@bgk.pl