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PR Newswire

One third of Australians approaching retirement have never received any advice reveals Smart

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LONDON, Dec. 8, 2020 — YouGov research: One third of respondents – and one quarter of those over 55 – said that they did not understand the retirement finance options available to them well

  • Financial advisors (53%), Superannuation funds (50%) or government websites (41%) are the places most people would expect to get advice
  • However, these sources do not appear to live up to expectations. When asked where they had received the most useful advice, 29% of 55+ respondents said financial advisors and only 16% mentioned their superannuation fund
  • Smart Retire guides users through retirement, giving them the confidence to make informed decisions through a simple pot solution

New research commissioned by global retirement technology provider, Smart, carried out by YouGov, has found that an astounding 34% of Australians aged 55+ (38% aged 45-55) have never received any advice on retirement.  The research also found that two thirds (66%) of respondents consider online tools important when planning for their retirement, with 30% feeling that following the covid pandemic, managing retirement finances online was more important than before.

The news comes as Smart, which now manages almost AUS $2.7bn of assets, launches Smart Retire (www.smartretire.com.au), an innovative product that gives people flexibility to plan and manage retirement savings in a personalised way. Flexibility in retirement is increasingly important as one third of savers expect to continue to work part time during retirement and will need the opportunity to flex their income as necessary.

Will Wynne, Group Managing Director, Smart, said:

"Retirement is complex and we know people need help if they are to make the most of their savings. That’s why we’ve invested tens of thousands of hours conducting research, testing and developing our new Smart Retire technology solution which gives people flexibility and control, while guiding them through important decisions to ensure they are using their money in the right way. Importantly our approach, which helps people navigate their retirement options, bridges the advice gap while empowering people to make the most of their retirement savings."

Smart Retire

Smart Retire guides members through the complexities in the run up to retirement, filling the so-called ‘advice gap’ through guidance rather than often expensive advice. Members can use this solution in conjunction with personalised advice from a professional. 

Designed by Smart’s in-house research and UX team, Smart Retire has been built to be as flexible as possible, allowing users to scenario plan and change their retirement strategy as required.

Built with a ‘four pots’ model, based on user research, Smart Retire accommodates life’s unpredictability and ensures users avoid both under-spending and running out of money in their retirement.

Of the four pots, two are income pots:

  • Flexible income pot – monthly income in the early years of retirement
  • Later life pot – leave money invested to buy a guaranteed income from an annuity provider later on in retirement

And two savings pots:

  • Rainy day pot – dip in to this pot for emergencies
  • Inheritance pot – put money aside to leave to a loved one

Interestingly, Smart’s user research shows that the inheritance pot isn’t required by Australian  retirees, with property being the preferred method of transferring wealth – this has been further supported by the findings from the Retirement Income Review.

The output of Smart’s research will initially see the solution configured to three ‘buckets’ for the Australian market (Flexible income, Later years and Buffer), and will also incorporate the Age Pension, providing members with a single view of their retirement and giving them confidence to plan and spend effectively.

Through the development of the roadmap, there will be a greater focus on non-super assets such as housing wealth, to ensure that Australian’s are equipped with the ability to maximise their retirement income.

Mark Vaughan, Managing Director of financial services consulting firm, QMV, said:

"QMV is excited to see innovation and international perspectives enter the market, providing opportunities for helping members to gain cost effective access to self-service retirement planning tools. This is particularly relevant given the recent release of the Retirement Incomes Review report and continued focus on superannuation policy settings."

Smart Retire will initially be available to members of the Smart Pension Master Trust in the UK with it being rolled out globally in 2021.

Recognising that consumers have long enjoyed technology advancements in banking, payments and investments, Smart’s global mission is to transform pensions savings and financial well-being across all generations around the world through technology, and bring the pensions sector into the 21st century.

Notes to editor:

Smart’s research, carried out among 6,000 people across the UK, USA, and Australia, shows millions of people coming up to retirement across the globe are crying out for technology to solve these problems.

About Smart:

Smart is a global savings and investments technology platform provider, co-founded in 2014 by Andrew Evans, Group CEO, and Will Wynne, Group MD. Link Group, Legal & General Investment Management (LGIM), J.P. Morgan, Natixis Investment Managers and Barclays are all strategic investors in Smart.

The Smart platform powers the award-winning master trust, Smart Pension Master Trust. Launched in 2015, the Smart Pension Master Trust has grown from £100 million in AUM to £1.5 billion in two years. It is overseen by independent professional trustees and regulated by The Pensions Regulator. Smart Pension is a signatory of the UN Principles of Responsible Investing (PRI).

Visit https://www.smart.co/  for more information.

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Investments in Cyber Intelligence Platforms to Surge as Companies Require Advanced Threat Protection

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In the Americas, the managed and professional security services market is estimated to reach $18.81 billion by 2024, finds Frost & Sullivan

SANTA CLARA, Calif., Dec. 7, 2020 — Frost & Sullivan’s recent analysis, Managed and Professional Security Services Market in the Americas, Forecast to 2024, finds that the volume, sophistication, and diversity of cyber threats are unrelenting problems for companies’ internal information security teams. The study finds that the combination of escalating cyber risks and security personnel shortages propels market demand and presents challenges for organizations. Customers’ demand for more proactive security is compelling managed and professional security service (MSS/PSS) providers to embrace advanced security analytics platforms to better detect and anticipate threats. In the Americas, the MSS/PSS market is estimated to rise from $12.01 billion in 2020 to $18.81 billion by 2024.


For further information on this analysis, please visit: http://frost.ly/4tx

"With customers requesting more proactive security measures to defend against evolving cyber threats, MSS/PSS providers must adopt more advanced security analytics platforms to detect and anticipate the potential threats more effectively," said Mauricio Chede, Information & Communication Technologies Research Analyst at Frost & Sullivan. "These new security analytics platforms should feature advanced functionalities, such as forensics and incident response, across the entire systems in different environments, be it on-premises or for cloud-based services."

Chede added: "Attackers are now targeting people and not just systems. Companies need to understand that a cybersecurity culture needs to be implemented. Cybersecurity tools and service providers can mitigate threats, but employees need to be aware of potential security threats that could penetrate the corporate environment."

The digitalization of business operations and the dispersion of devices and locations create a dynamic and escalating exposure footprint, presenting immense growth prospects for market participants, including:

  • Advanced Threats: Service providers need to emphasize the effects of advanced persistent threats (APTs) by showing companies their exposure to financial, intellectual property, and confidential information losses.
  • Digital Transformation: MSS/PSS providers must take advantage of digital transformation initiatives by observing clients’ current situations and being trusted advisors through consulting and value-added services to help them embrace digitalization.
  • Vertical Specialization: Market participants should develop dedicated vertical teams and advise customers operating in several verticals.
  • Geographic Expansion: With the Latin American market in the growth stage, companies should try to increase the client’s trust by establishing offices in prime locations to grow MSS/PSS in the region.
  • IoT: Enterprises that embrace IoT technologies to enhance end-user and employee experiences are likely to turn to MSS providers for quick and effective security.

Managed and Professional Security Services Market in the Americas, Forecast to 2024 is the latest addition to Frost & Sullivan’s Information & Communication Technologies research and analyses available through the Frost & Sullivan Leadership Council, which helps organizations identify a continuous flow of growth opportunities to succeed in an unpredictable future.

About Frost & Sullivan

For six decades, Frost & Sullivan has been world-renowned for its role in helping investors, corporate leaders and governments navigate economic changes and identify disruptive technologies, Mega Trends, new business models, and companies to action, resulting in a continuous flow of growth opportunities to drive future success. Contact us: Start the discussion

Managed and Professional Security Services Market in the Americas, Forecast to 2024
K4DC-74

Media Contact:
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M: +91 9742676194; P: +91 44 6681 4412
E: srihari.daivanayagam@frost.com

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Cloud, Cybersecurity, and Modernization Will Power Digital Business Models and Increased IT Spending, say Global 2000 Executives: Infosys – HFS Research

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– Report delineates impact of COVID-19 across industries; causing seismic shifts in business transition

– 51 percent organizations consider remote work or hybrid workforce model to be the way forward

BENGALURU, India, Dec. 3, 2020 — Infosys (NYSE: INFY), a global leader in next-generation digital services and consulting, together with HFS Research unveiled a market study titled, ‘Nowhere to Hide: Embracing the Most Seismic Technological and Business Change in our Lifetime.’ Focusing on how the COVID-19 pandemic has impacted businesses across industries, this joint study by Infosys and HFS Research revealed that numerous organizations have accelerated the adoption of automation, digital business models, and the hyper-scale cloud to respond to customer needs quickly and competitively. The report also brought to fore a shift in corporate mindset to advocate change and digitize businesses.

The world changed overnight as COVID-19 created a state of upheaval and economic uncertainty, deeming the real-time prediction of complex risk scenarios as critical. The HFS Research spotlights the emergence of dynamic digital organizations energized by technology that has opened avenues for rapid progression and business growth. The report further highlights that more than digitizing processes, digital transformation is about business leaders reshaping existing business models and exploring new ways of uniting people, data, and processes to create value for their customers. The Infosys-HFS Research additionally emphasizes the strategies implemented by successful companies in various industries (G2K) to survive and thrive in the post-pandemic economy.

For the study, HFS Research, in partnership with Infosys, surveyed 400 Global 2000 executives to understand how businesses can survive and thrive in the economy riddled with the pandemic. It offers perspectives to develop an outlook for IT and business services in the current geopolitical environment.

Key findings:

  • Bigger impact: Almost 70 percent of respondents believe that COVID-19 will have a bigger impact than the 2008 downturn with budgets, supply chains, employee availability, and customer intimacy being impacted the most.
  • Businesses that will thrive: The public sector, banking, insurance, healthcare, life sciences, and the high-tech industry respondents are relatively confident as they see emerging opportunities for making appropriate investments amid the crisis.
  • Protecting the business: At least 65 percent of respondents are insulating their business from volatility by building diverse customer pools and investing in an agile business model. 
  • Digitize and Adapt: Over 60 percent of enterprises plan to accelerate their digital transformation initiatives and over 70 percent plan to change their product and service portfolio to drive greater customer value.
  • Critical IT investments to compete: Investing in creating a virtual, secure, and cloud-enabled IT environment that enables remote working at scale (virtualization, collaboration, security). Investments in the cloud, cybersecurity, and modernizing core IT apps and infrastructure are at the top of the priority heap.
  • Increased IT spending: Enterprises expect to increase their spending the most on business and digital consulting, followed by IT infrastructure services (including cloud). They expect the demand for IT and business process services to pick up to serve the dual purpose of driving digital while saving cash.
  • Unleash your people to thrive. Nearly 90 percent of organizations realize they need to reposition to unleash people in the new reality. Post-COVID, working arrangements will change dramatically. Only 37 percent prefer a return to an office-based environment. The work culture will evolve from siloed working to interdisciplinary collaboration.

Pravin Rao, Chief Operating Officer at Infosys said, "Post-COVID, we have witnessed accelerated scaling of digital across most enterprises. The strategic investment in cloud, cybersecurity, and modernization is not only helping businesses sharpen their focus on end-to-end customer journeys but also enabling them to do a lot more with much higher agility. With so much at stake to drive customer centricity and productivity, investment in employees and ensuring their well-being is of paramount importance. In a distributed work environment such as today, employees are an important centerpiece within the companies’ strategy framework and therefore, it is imperative for organizations to see how the hybrid work model can be made more effective, productive, resilient, and secure."

"A new dawn will emerge as the fog clears. We must embrace this brave new business world where a perfect alignment of business outcomes and their enabling technologies demand all our focus and creativity. We are living through the emergence of dynamic digital organizations where people are energized by technology, where they plug into business experiences that are progressing rapidly to places where the possibilities are limitless, where the future is unravelling before our eyes.  What we have experienced – inside of a single year – is the coming together of people to confront their fear of change to face the reality that their organization will sink without it," said Phil Fersht, CEO and Chief Analyst, HFS Research.

For a full copy of the report, please click here  

Methodology

HFS Research, in partnership with Infosys, surveyed 400 Global 2000 executives to understand how businesses can survive and thrive in the pandemic economy and to develop an outlook for IT and business services in the current geopolitical environment. HFS segmented the research findings according to its four phases of pandemic shock response: crisis, stabilization, realization, and unleashing people.

About Infosys Ltd.

Infosys is a global leader in next-generation digital services and consulting. We enable clients in 46 countries to navigate their digital transformation. With nearly four decades of experience in managing the systems and workings of global enterprises, we expertly steer our clients through their digital journey. We do it by enabling the enterprise with an AI-powered core that helps prioritize the execution of change. We also empower the business with agile digital at scale to deliver unprecedented levels of performance and customer delight. Our always-on learning agenda drives their continuous improvement through building and transferring digital skills, expertise, and ideas from our innovation ecosystem.

Visit www.infosys.com to see how Infosys (NYSE: INFY) can help your enterprise navigate your next.

Safe harbor:

"Certain statements in this release concerning our future growth prospects and financial expectations are forward-looking statements intended to qualify for the ‘safe harbor’ under the Private Securities Litigation Reform Act of 1995, which involve a number of risks and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding Covid-19 and the effects of government and other measures seeking to contain its spread, risks related to an economic downturn or recession in India, the United States and other countries around the world, changes in political, business, and economic conditions, fluctuations in earnings, fluctuations in foreign exchange rates, our ability to manage growth, intense competition in IT services including those factors which may affect our cost advantage, wage increases in India, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, industry segment concentration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks or system failures, our ability to successfully complete and integrate potential acquisitions, liability for damages on our service contracts, the success of the companies in which Infosys has made strategic investments, withdrawal or expiration of governmental fiscal incentives, political instability and regional conflicts, legal restrictions on raising capital or acquiring companies outside India, unauthorized use of our intellectual property and general economic conditions affecting our industry and the outcome of pending litigation and government investigation. Additional risks that could affect our future operating results are more fully described in our United States Securities and Exchange Commission filings including our Annual Report on Form 20-F for the fiscal year ended March 31, 2020. These filings are available at www.sec.gov. Infosys may, from time to time, make additional written and oral forward-looking statements, including statements contained in the Company’s filings with the Securities and Exchange Commission and our reports to shareholders. The Company does not undertake to update any forward-looking statements that may be made from time to time by or on behalf of the Company unless it is required by law."

PR Newswire

Discover 5 Growth Opportunities in the Cloud Industry for 2021 by Frost & Sullivan

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Industry experts present future trends and strategic recommendations for the global cloud market

SANTA CLARA, Calif., Dec. 2, 2020 — The cloud is the foundation for digital transformation, and the pandemic has accelerated enterprise cloud journeys. To meet urgent needs for business agility, speed to market, app accessibility, and availability, organizations are turning to cloud infrastructure and platforms.

Cloud computing market
Cloud computing market

According to Frost & Sullivan, 52% of organizations worldwide use public cloud Infrastructure-as-a-Service (IaaS) today, with another 34% expecting to add IaaS in the next two years. Additionally, 64% of organizations worldwide have engaged third-party managed or professional services providers to assist with their cloud journeys, with another 27% considering it. To help companies identify new avenues for top-line growth and plan for a more fruitful 2021, Frost & Sullivan’s team of industry experts have compiled a complimentary insight: Top 5 Growth Opportunities in the Cloud Industry for 2021 – What You Need to Know Now.

To download the complimentary insight, please visit: http://frost.ly/4y3

Gain insight into exciting new growth opportunities, strategic recommendations, best practices, and future developments in the following areas:

  1. Hybrid and multi-cloud
  2. Data migration
  3. Managed Services
  4. Co-location
  5. Digital overconfidence

About Frost & Sullivan

For six decades, Frost & Sullivan has been world-renowned for its role in helping investors, corporate leaders and governments navigate economic changes and identify disruptive technologies, Mega Trends, new business models, and companies to action, resulting in a continuous flow of growth opportunities to drive future success. Contact us: Start the discussion

Contact:

Francesca Valente
Global Corporate Communications
E: Francesca.Valente@frost.com
http://ww2.frost.com

 

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Frost & Sullivan Unfolds 5 Growth Opportunities in the Connected Work Industry for 2021

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Industry experts have outlined current business priorities, future technology requirements and business use cases

SANTA CLARA, Calif., Dec. 1, 2020 — The global pandemic has had a profound impact on company business models. The ubiquitous rise in remote work and the need to shift to virtual customer engagement due to elevated employee and customer safety concerns have accelerated digital transformation across industries and geographies. Today digital sustainability is universally acknowledged as a key enabler of business growth and competitive power in an increasingly-dynamic, tightly-connected, and highly-competitive global economy.

Connected work industry
Connected work industry

Cloud meetings, messaging, calling, and customer-care solutions came to the forefront during the pandemic as they provided the lifeline that remote workers and customers needed when access to company premises became severely restricted. To help companies identify new avenues for top-line growth and plan for a more fruitful 2021, Frost & Sullivan’s team of industry experts have compiled a complimentary insight: Top 5 Growth Opportunities in the Connected Work Industry for 2021 – What You Need to Know Now.

To download the complimentary insight, please visit: http://frost.ly/4xa

Gain insight into exciting new growth opportunities, strategic recommendations, best practices, and future developments in the following areas:

  1. Work in the cloud
  2. Video-first user experiences
  3. Mobile-ready communications and collaboration solutions
  4. Programmable platforms
  5. Cognitive collaboration

About Frost & Sullivan

For six decades, Frost & Sullivan has been world-renowned for its role in helping investors, corporate leaders and governments navigate economic changes and identify disruptive technologies, Mega Trends, new business models, and companies to action, resulting in a continuous flow of growth opportunities to drive future success. Contact us: Start the discussion

Contact:
Francesca Valente
Global Corporate Communications
E: Francesca.Valente@frost.com 
http://ww2.frost.com

 

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Microland Recognized as a Leader in the Gartner Magic Quadrant for Managed Network Services

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BENGALURU, India, ATLANTA and LONDON, Nov. 30, 2020 — Microland, a global digital transformation company announced today that it has been recognized as a Leader in the Gartner Magic Quadrant for Managed Network Services. The detailed report is available at https://www.microland.com/analyst-insights/leader-gartner-magic-quadrant.

Gartner evaluated vendors on multiple parameters. Assessment was based on two service categories of managed LAN & Managed WAN / WLAN and five management attributes of service delivery platform, service management functions, operations automation, customer experience management & professional services that are Core capabilities for Managed Network Services.

The report projects that "By 2023, 40% of enterprise buyers will demand standardized service definitions from managed network services (MNS) providers, up from 15% in 2018" and that "By 2024, to enhance agility and support for cloud applications, 60% of enterprises will have implemented SD-WAN, compared with about 30% in 2020."

According to the report "The MNS market consists of globally capable providers of MNS that provide service management functions for the operation of enterprise networks." "The providers in this market are either Network Service Providers (NSPs) or non-NSPs, as both types are common in this market." According to another report, "Critical Capabilities for Managed Network Services", "The providers in this research are either NSPs or non-NSPs, as both types are common in this market and have also met the requirement for delivering services on a global basis, beyond their own home country."

Pradeep Kar, Founder, Chairman and Managing Director commented: "We believe Microland’s recognition in Gartner’s Magic Quadrant for Managed Network Services is a huge validation of our resolute focus in being the IT Infrastructure Partner of Choice to our customers for 31 years, and Microland has been in the forefront of providing Managed Network Services from its inception. I believe this recognition is a demonstration of the depth and breadth of our services and driving continuous innovation. We dedicate this recognition to our customers who’ve always inspired us to raise the bar of success."

The report outlines, "For Managed Network Services (MNS), automation is the key to the efficiency and quality of the service delivery platform at scale. Importantly, automation is also critical to maintaining service delivery quality and positive customer experience from provider MNS offerings."

Reacting to the noteworthy mention, Robert Wysocki, Senior Vice President & Global Client Solutions Leader – Networks & Cybersecurity noted: "We believe this is a recognition of our ability to drive superlative customer experiences through continued investments in innovative solutions. One of our key investment areas has been in an automated service delivery platform—the Network Assurance Platform that helps in proactive management of the complete lifecycle of network infrastructure management."

Mahesh Nagaraj, Chief Marketing Officer added, "We are honored for Gartner to have recognized us as a Leader in the Magic Quadrant for Managed Network Services. Our belief that technology works best when you notice it least, is the way we’ve approached our customer engagements and every plan, intervention and innovation is focused on guaranteeing that promise. Microland’s suite of proprietary solutions have been catalysts in enabling our customers to accelerate their transformation journey and ‘making digital happen."

Microland has customers across multiple sectors including BFSI, Retail, Hi-tech, Pharma & Lifesciences and has been providing Managed Network Services and Network Transformation Services globally across 170 countries. Microland delivers Managed Network Services to its customers through several NOCs operating 24 x 7 underpinned by its homegrown IP, the Network Assurance Platform. Microland’s Network offering suite includes managing the network infrastructure across the whole spectrum of LAN, WLAN, WAN and data center with significant expertise in emerging technologies including software defined networks (SDLAN, SDWAN), Wi-Fi 6.0 and 5G. Microland has established partnerships with several technology providers including Cisco, Fortinet, Velocloud by VMware, Versa Networks, among others.  

Source:

Gartner, Magic Quadrant for Managed Network Services, Ted Corbett et al., 9 Nov 2020

Gartner, Critical Capabilities for Managed Network Services, Danellie Young et al., 10 November 2020

Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

About Microland

Microland’s delivery of digital and "Making Digital Happen" allows technology to do more and intrude less. We make it easier for enterprises to adopt nextGen Digital infrastructure. We enable this using our expertise in Cloud and Data Centers, Networks, Digital Workplace, Cybersecurity and Industrial IoT— ensuring the embrace of brilliance is predictable, reliable and stable.

In the COVID impacted world, Microland is making digital happen for enterprises with a laser focus on services that are more relevant to our clients and prospects than ever before. Incorporated in 1989 and headquartered in Bengaluru, India, Microland has more than 4,500 digital specialists across offices and delivery centers in Asia, Australia, Europe, Middle East and North America.

Read more here: https://www.microland.com/

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PR Newswire

Kalkine Pty Limited To Launch its ‘Australian Equity Technical Analysis Report’

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SYDNEY, Nov. 30, 2020 — Kalkine Pty Limited is pleased to announce the launch of a new technical analysis-driven research product ‘Technical Analysis Report’. This report aims to evaluate equity opportunities in consideration of sufficient risk-appetite and financial flexibility, and returns expected over a short timespan.

What Should be an Appropriate Stock Picking Strategy? Should One Buy Now or Wait for Better Results or Lower Valuations? These are some of the vital questions looming in the mind of prudent investors!

Stock markets often depend on the sentiments of market participants and the two prominent emotions include greed and fear. Evolving fundamentals and macroeconomic factors like GDP, socio-political stability, inflation, interest rates, etc. also influence stock prices. Technical analysis is one of the two main schools of market-analysis used to assess the price direction based on an identifiable price-pattern.

Over the past one-year, ASX All Ordinaries yielded a 0.77% return (till November 25, 2020, from Refinitiv); therefore, a technical analysis report developed after deep-research and backtesting by qualified experts might be helpful to benefit from price trends gauged.

Considering above, Kalkine’s Technical Analysis Report Offers:

  1. Extensive Technical Research: This report is based on a thorough technical analysis using price action, support, resistance, candlestick patterns, relative strength index, moving averages, etc.
  2. Swing Trading Opportunity:  By virtue of seizing short to medium-term gains, swing trading can provide an edge over fundamental analysis.
  3. Insights on Leading Sectors: ASX-listed stocks from leading sectors including FinTech, Telecom, Healthcare, Renewable Energy, E-Commerce, etc. are covered to gain from trending themes.
  4. High-Volume Stocks Coverage: Kalkine’s report covers stocks with above-average volumes showcasing the decent returns potential as they are generally more liquid and help easy execution of trades.
  5. Insights on Risk-Reward Scenario: Investors can weigh the prospective reward for the risks undertaken in light of an entry-level, target prices, and pre-defined stop-loss.

In summary, Kalkine’s Technical Analysis report (which is easy to comprehend with actionable insights) aims to cover stocks after an overall assessment of the global indices, taking cues from the major global news.

Note: Trading decisions require a thorough analysis by investors while evaluating stocks. Kalkine’s publications are NOT a solicitation/recommendation to buy, sell or hold stock(s) of company/companies or engage in any investment activity under discussion.

Company Name: Kalkine Pty Ltd.
Media Contact: Ms. Honey Bhargava
Email-id: honey.bhargava@kalkine.com.au

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Antiprohense Research: Digital Hologram ARAdvertising vs. Traditional Advertising in 5G Era

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How WIMI’s Hologram AR advertising technology is changing the industry

HONG KONG, Nov. 27, 2020 — Antiprohense, a market research organization in Hong Kong, recently released a research report on ‘Digital Advertising vs. Traditional Advertising in 5G Era‘. Digital advertising is challenging the traditional advertising industry. During the outbreak of COVID-19, many people saw the public-welfare function and commercial value of the media, and many advertisers would adjust their advertising strategies as soon as possible. Digital advertising will highlight its competitive advantages, such as no contact advertising or online remote updates, so that the delivery of information is timelier than before. In the future, more digital media will emerge to help the industry develop in a healthy way.

The demand for TV, online games, e-commerce, social networks, health TV, and online education increased significantly during the quarantine. Only in the first quarter, Netflix increased 16m new users in the US — about double the number in the previous quarter. Italians also increased their time spent on Facebook apps by 70 percent. After 2020, there will be significant growth in the upstream video data stream from the Internet of Things. AR holographic services are expected to generate massive demand between 2020 and 2025.

WIMI’s holographic advertising platform will overturn traditional advertising. Customers will directly watch the holographic stereoscopic advertisements and have an immersive feeling. Besides, the holographic cloud AI-MBT technology can track and analyze various data of customers to provide effective data support for advertisers. The current application fields: holographic indoor advertising, holographic outdoor advertising, high-altitude holographic advertising, holographic airport/subway advertising, holographic in-store (outside) display of well-known brands, and holographic event advertising display, etc.

The core of WIMI’s business is holographic AR technology, which is used in software engineering, content production, cloud, and big data to provide customers with AR-based holographic services and products. Products mainly include holographic AR advertising services and holographic AR entertainment products.

WIMI Hologram Cloud’s advertising business is divided into online and offline AR holographic advertising. And the online business is mainly mobile AR holographic advertising display and light entertainment advertising application. The entertainment business is divided into online and offline AR holographic interactive entertainment.

The development momentum of Holographic AR advertising business is relatively fast. In the past two years, both the number of customers and the unit price of customers have obviously increased. WIMI’s holographic AR adware enables users to insert real or animated 3D objects into video clips, seamlessly integrating the objects with scenes in the video. Moreover, WIMI’s online Holographic AR advertising solution incorporates holographic AR ads into films and programs hosted by China’s leading online video media platforms.

In terms of subdivision, the AR industry chain mainly includes four parts: hardware, software, application and content, and services. Hardware includes parts and equipment. Software is divided into information processing and operating platforms. Application and content are developed and produced for different industries. And services are about channel distribution of application content through the distribution platform. From the perspective of the business model, WIMI is a solution provider, which integrates application and content, and services, according to the real needs of downstream customers, and then outputs complete solutions. Thus, the liquidity of WIMI is mainly relying on the holographic AR advertising services and holographic AR entertainment products.

About Antiprohense

Antiprohense Team is a leading market research company in Hong Kong. They have built one of the premier proprietary research platforms on financial market, with an emphasis on emerging growth companies and paradigm-shifting businesses. Antiprohense team is professional in market research reports, industry insights & financing trends analysis. For more information, please visit http://www.antiprohense.com 

Media contact

Company: Antiprohense Research
Contact: insights & financing 
E-Mail: lt@Antiprohense.com
Website: http://www.antiprohense.com  
TEL: 00852 7038534

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Role of Manufacturing CFO 4.0 Indispensable as Industry Accelerates Digital Transformation Efforts

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SYSPRO study shows a return of business confidence as CFOs step up to spearhead Industry 4.0 in the upturn

SINGAPORE, Nov. 27, 2020 — SYSPRO has today announced new research, which reveals that the role of CFO 4.0 within the manufacturing sector will be crucial as the industry shifts towards increased digital transformation in the ‘new normal’. The study, which was conducted in October 2020 and led by SYSPRO, assessed the sentiment amongst senior level Chief Financial Officers within manufacturing sectors across the US, Canada, Africa and Asia Pacific (including Australia).

SYSPRO 2020 Manufacturing CFO 4.0 Survey Report
SYSPRO 2020 Manufacturing CFO 4.0 Survey Report

 

Sanjay Galal, Chief Financial Officer, SYSPRO Asia Pacific
Sanjay Galal, Chief Financial Officer, SYSPRO Asia Pacific

 

Key findings outlined in the SYSPRO 2020 Manufacturing CFO 4.0 Survey Report include the return of business confidence, the rise a more robust role for the CFO within an increasingly digitised manufacturing sector and the acceleration of Industry 4.0 as a means to overcome future disruptions.

The Imminent Return of Business Confidence

When asked about how their business had fared during the pandemic, 47% of businesses indicated that their enterprise had fared well. This pattern was particularly pronounced in the Asia Pacific region, where 75% of respondents gave an answer of between three and five in terms of how they had fared during the pandemic.

The ability for businesses to weather the COVID-19 storm was particularly prevalent amongst manufacturers involved in the production/distribution of essential goods such as Food & Beverage (25%) during lockdowns as well as those who has the ability to augment their existing digital activities and adapt to ecommerce models.

Drilling down further into the data, size of an organisation also played a vital role in determining its ability to survive the pandemic. Companies with 51+ employees were significantly more likely to report having fared as well as, or better than, expected.

The levels of optimism uncovered by our survey suggest that CFOs – who are increasingly responsible for risk management in their organisations, now see COVID-19 as manageable in a business context, rather than terminal.

The report also indicated an overall return of business confidence, where almost 50 percent of businesses have already recovered or expect to do so by the end of 2020. A further 30 percent expected to return to pre-pandemic trading conditions by the end of Q2 2021.

CFOs in Manufacturing to Play a Vital Role in Recuperation

The study revealed that CFOs will be instrumental in engineering the bounce-back. When asked how they plan to boost their business in the upturn, almost 83 percent of businesses identified cost-cutting including the curbing discretionary spending and reducing overheads as a strategy. Over 70 percent of businesses also indicated that they would be exploring new revenue models with the aim for increased customer engagement through digital channels.

When asked about their immediate priorities for 2021, 70 percent indicated that they would prioritise the maintenance of margins and 67 percent identified the need to manage cashflow, both traditional CFO functions.

Surprisingly; however, the study also revealed that in addition to playing a traditional function, CFOs will also be expected to make informed technology investment decisions as a way of ensuring the interconnectedness of all aspects of manufacturing operations, as well as leveraging Business Intelligence to acquire and assess data that can then be used as the basis for strategic decisions.

The Acceleration of Industry 4.0

While Industry 4.0 has been around for a number of years, the expanded scope of the CFO role will contribute to the acceleration of digital transformation. When asked about areas of technological investment, only 19.3 percent of respondents confirmed that they would replace ageing machinery in 2021. Rather, the emphasis is on investing in technology to make manufacturing smarter and less vulnerable to future disruptions.

In fact, over 52 percent of businesses identified the investment in enterprise technology such as ERP, BI and CRM as a key strategic focus area. The goal here is better clarity and transparency of information across the business to enable enhanced decision-making in real-time. According to Sanjay Galal, CFO, SYSPRO Asia Pacific, "Enterprise Resource Planning and Business Intelligence were identified as vital, thanks to their information-gathering, processing and analysis capabilities. In uncertain trading conditions, better, more accurate and more timeous data allows for smarter decision making, as well as supporting strategic decisions through trend identification and assessment."

The study goes on to reveal that 44% of respondents singled out warehouse and advanced manufacturing process automation as a key focus area. This is to some extent a decision that has been imposed on manufacturing concerns by the pandemic, but it also suggests a longer-term outlook in which many current human roles will be replaced in the name of both efficiency and safety.

"The challenge for the CFO 4.0 will be to continue to deliver financial leadership whilst also focusing on more strategic and operational aspects. In preparing for the role of CFO 4.0, businesses need to embrace technology, empower people through upskilling initiatives and have a clear business case for Industry 4.0." concludes Sanjay.

About SYSPRO

SYSPRO is a global, independent provider of industry-built ERP software designed to simplify business complexity for manufacturers and distributors. Focused on delivering optimised performance and complete business visibility, the SYSPRO solution is highly scalable, and can be deployed on-premise, in the cloud, or accessed via a mobile device. SYSPRO’s strengths lie in a simplified approach to technology, expertise in a range of industries, and a commitment to future-proofing customer and partner success. For more information, visit www.syspro.com.

Media Contact

Venga Tan
Head of Marketing
SYSPRO Asia
Venga.tan@sg.syspro.com
Tel: +65 90214839

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PR Newswire

5 Ways to Combat Fraud During the Holidays

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Black Friday and the holiday season will bring more fraud attempts – here’s how to protect yourself

SAN JOSE, Calif., Nov. 25, 2020 — Highlights:

5 Tips to Combat Fraud Online During the Holidays
5 Tips to Combat Fraud Online During the Holidays
  • The pandemic is driving holiday shoppers online creating a more lucrative target for fraud and scams targeting consumers.
  • FICO’s Liz Lasher has five top tips for consumers to avoid fraud over the 2020 holiday shopping period.
  • Find out what banks are doing to protect consumers from fraud these holidays.
  • Start a conversation with Liz on twitter @LizFightsFraud about fraud or our tips.

As we head into the holiday season, you’ve probably had enough stress in 2020. But wait––yet another wrench has been thrown in this challenging year! Fraud has spiked during the pandemic, with criminals upping their game as consumers swing into holiday shopping mode. Read on for five powerful fraud-fighting tips to help you break out of the 2020 doldrums and end the year with a little less stress!

More information: https://www.fico.com/blogs/holiday-fraud

Like COVID, Fraud Is Rampant

The fraud problem has gone viral – consumers have filed more than 130,000 reports of fraud to the FTC and have lost $182 million to these activities during the pandemic. UK Finance reports over £27 million was lost to fraud at online marketplaces and auction websites in the first half of 2020. Just as COVID has dramatically impacted our shopping habits, it’s affected our financial safety, too.  

With that in mind, there are actions you can take right now to protect yourself from fraud and identity theft.

It Pays to Protect Yourself

"When it comes to financial fraud, such as account takeover, banks are on your side," said Liz Lasher, vice president of Fraud, Financial Crime and Cyber Risk Portfolio Marketing at FICO. "However, prevention is critical, particularly when it comes to identity theft, because the clean-up can be quite difficult and messy, and recovering stolen funds can be a tedious, months-long process.

"Credit card fraud is more quickly resolved, but you may still have to go through the hassle of having transactions declined and filing a fraud claim with your bank or card provider. At the other end of the spectrum, scams, or as the industry calls it ‘authorized push payment fraud’ can have traumatic, long-term effects. It occurs when you, the consumer, approve a transaction, and you are most often held liable for the payment. In this instance, banks will not always foot the bill for damages.

"To reduce your risk of being a victim of any of these crimes, here are my five top tips to protect yourself against fraud this holiday season."

Tip : Revisit Your Password Habits

We’ve all pretty aware of the concept of strong passwords, mixing lowercase letters, capitals, numbers and symbols. But let me challenge you change your thinking, because it turns out that long passwords are even more important than strong passwords. The length and strength of a password, combined, is the strongest deterrent to a hacker cracking your password with brute-force computing power.

It’s also important is to use a unique password for each of your accounts, particularly important ones—not just bank and brokerage accounts, but PayPal, Gmail and Amazon, everything! I can’t overemphasize the effectiveness – and elegant simplicity – of browse-based password managers that suggest randomized long, strong passwords, and manage them for you.

Tip : Take Advantage of Authentication Features

I highly recommend using any additional authentication capabilities offered by apps and websites you visit frequently; they’re a second layer of protection to make sure you’re really you. The easiest type to use is a one-time passcode, which can be texted or emailed to you.

Face biometrics are increasingly popular, too, particularly for banking and financial apps. If an app has a face biometrics capability (like Face ID on the iPhone), use it. You may run across someone who thinks you shouldn’t use face authentication because then the government will have your picture and personal information. This was the subject of a recent meme, the punch line of which said, ‘Wait until [this guy] finds out about driver licenses.’ Very funny, but in all seriousness, face biometrics and voice biometric authentication are a growing part of a multi-prong approach to increasing the security around your accounts.

Tip #3: Use Trusted Payment Methods

New payment apps are cool, but be careful. Do your research, read the reviews, and check Google carefully to see if the app is a scam. If in doubt, use ApplePay, PayPal, or another payment app you know and trust.

If you’re sending cash from your online or mobile banking app, and you need to send money to a new recipient, do a test transaction with a small amount of money and ask that person to confirm they got it. I did this the other day when I was paying someone to inspect my house for termites. It was a $100 inspection, but I was worried I’d type in the wrong phone number and send $100 to the wrong person. We did a $1 test transaction together to make sure I got his information correct.

Tip #4: Be Skeptical

It’s the giving season—during a pandemic—which multiplies the opportunities for fraudsters to try to scam you. Although GoFundMe states that "the overwhelming majority of fundraisers on our platform are safe and legitimate," scams do happen there and many other places. Unfortunately, not every scam is identified and prosecuted; unless you personally know the person or family benefiting from a contribution, or can verify that the recipient’s identity and need, think twice (hard) before you donate.

To protect yourself from charity and disaster fraud (such as relief funds that spring up after hurricanes and wildfires), make sure the donation website is legitimate. It’s very easy for criminals to create lookalike websites that siphon off credit card and personal information, which can then be quickly used to run up fraudulent transactions. The FBI has a very useful tip sheet to help you spot fake charity and disaster sites.

Tip : Monitor Your Credit Report

Everyone––and I mean everyone––needs to monitor their credit reports. Not just to stay informed about credit history, but also a proxy for early indication of fraud such as identity theft. If you have young children, or take care of your elderly members of your family, or don’t expect needing credit yourself anytime soon, you can also consider freezing your credit. This will also freeze all of the accounts associated with your identity.

At the very least, periodically reviewing credit reports will help you find out if anything strange or unexpected is happening. Nipping identity theft or credit misuse in the bud could help you avoid losing a few dollars or a large sum of money, as well as well as having to rebuild your credit health.

Want to see what banks are doing to keep you safe? Check out this blog post on Out of Sight: How Banks Protect Consumers from Credit Card Fraud.

Have questions or comments on my fraud-fighting tips for this holiday season? Tweet at me on Twitter @LizFightsFraud.

About FICO
FICO (NYSE: FICO) powers decisions that help people and businesses around the world prosper. Founded in 1956 and based in Silicon Valley, the company is a pioneer in the use of predictive analytics and data science to improve operational decisions. FICO holds more than 195 US and foreign patents on technologies that increase profitability, customer satisfaction and growth for businesses in financial services, telecommunications, health care, retail and many other industries. Using FICO solutions, businesses in more than 100 countries do everything from protecting 2.6 billion payment cards from fraud, to helping people get credit, to ensuring that millions of airplanes and rental cars are in the right place at the right time.

Learn more at http://www.fico.com

FICO is a registered trademark of Fair Isaac Corporation in the U.S. and other countries.

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