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Huawei announces Seeds for the Future Program 2.0, planning to invest US$150 million in talent development over the next five years

MANILA, Philippines, July 14, 2021 — Huawei on Thursday announced its Seeds for the Future Program 2.0, through which Huawei plans to invest US$150 million in digital talent development over the next five years. This program is expected to benefit more than 3 million additional people.

Huawei's Chairman Liang Hua speaks at the Tech & Sustainability: Everyone's Included forum
Huawei’s Chairman Liang Hua speaks at the Tech & Sustainability: Everyone’s Included forum

Huawei held a "Tech & Sustainability: Everyone’s Included" forum, co-hosted by the International Union for Conservation of Nature (IUCN). Representatives from Huawei, IUCN, the World Economic Forum, Carbon Disclosure Project (CDP), Global Enabling Sustainability Initiative (GeSI), and Singapore Institute of International Affairs (SIIA) participated to discuss the role of technology in driving sustainability and building a more inclusive, eco-friendly world.

Promoting equal access to education and talent development

According to a 2020 report by UNICEF and the International Telecommunication Union (ITU), about 2.2 billion people aged 25 years or younger still lack internet connections at home.

"Digital skills and literacy are not just the foundation for the digital economy; they are also a basic human right defined by the United Nations," said Huawei’s Chairman Liang Hua at the forum. "Today we are announcing Huawei’s Seeds for the Future Program 2.0. As part of our commitment to continuously developing talent, we will invest US$150 million in this program over the next five years and help college students and young people improve their digital skills. This program is expected to benefit more than 3 million additional people."

Huawei is committed to helping develop digital talent in the countries where it operates. In 2008, Huawei began to roll out talent development programs, through scholarships, technology competitions, and digital skills training, and has invested more than US$150 million in these programs. Huawei has since benefited more than 1.54 million people from over 150 countries.

As an echo for the forum, Huawei Asia Pacific held the APAC Media Virtual Roundtable with laser focus on addressing digital inclusion and sustainable development of this region. Jay Chen, Vice President of Huawei Asia Pacific, announced Huawei’s plan to cultivate more than 400,000 ICT talent in the next five years through multiple programs including Seeds for the Future in the region.

"In the digital economy, digital talent is playing an increasingly important role in driving digital transformation and economic growth. The access to education is vital for creating opportunities that support sustainable and fair development. Due to the pandemic, we are moving the program online and opening it up to more outstanding students than ever before," said Jay Chen.

Addressing environmental challenges and enabling green development

Climate change and environmental issues are becoming global challenges. Though carbon emissions declined over the past year due to the economic slowdown and worldwide lockdowns, emissions are rapidly rebounding as economies reopen. Shifting to a circular economy and achieving sustainable development is now a common goal for all countries.

"Green and sustainable development has become a top priority for global economies," said Liang. "Huawei has been leveraging its extensive experience in power electronics and energy storage as well as technical expertise in 5G, cloud, and AI, to develop its digital power business and provide digital power solutions for different industries. As of December 2020, Huawei’s digital power products and solutions have generated 325 billion kWh of electricity from renewable sources, and saved a total of 10 billion kWh of electricity. These efforts have resulted in a reduction of 160 million tons in CO2 emissions."

In Singapore, for example, Huawei FusionSolar Solution has supported Sunseap Group, a solar energy solutions provider, to build the world’s largest offshore floating Photovoltaic (PV) farms. With 13,312 solar panels, 40 inverters, and more than 30,000 floats, this five-hectare sea-based solar plant is estimated to produce up to 6,022,500 kWh of energy per year, supplying enough power for 1250 four-room public housing flats on the island and offsetting an estimated 4258 tons of carbon dioxide, according to Bruce Li, Managing Director of the Huawei Asia-Pacific Enterprise Digital Power Business.

"We feel that over the last decade, ASEAN is shifting from a very defensive, negative footprint or standing to a much more forward leaning. I’m glad to hear that Huawei would be one of companies also doing their part, if not more, through their supply chain," said Associate Professor Simon Tay, Chairman of SIIA at the forum, "By working together, countries can mutually support one another to meet their sustainability commitments. There are many areas where digital technology can support this, such as in enabling a transparent and verifiable carbon market. Singapore’s public and private sectors have expressed interest in working with its neighbors on climate action."

Cisco Named Hong Kong’s Best Workplace by Great Place to Work

News Summary

  • Cisco ranks first in "Best Workplaces in Hong Kong™ 2021"
  • Award is based on an independent employee trust audit
  • Cisco sees high levels of satisfaction among employees about leadership, organizational culture, and trust

HONG KONG, July 8, 2021 — Cisco has been ranked first in the "Best Workplaces in Hong Kong™ 2021" list. The rankings are put together based on an independent employee trust audit carried out by the Great Place to Work® organization, a global authority on workplace culture, which recognizes organizations with the most exceptional workplace culture practices.

In what has been a challenging year for companies across the world as they grappled with business disruptions and remote operations, Great Place to Work® recognized Cisco’s open and transparent work culture, and its relentless focus on employee wellbeing, as being key drivers of instilling exceptional trust among its employees.

The top ranking in Hong Kong follows Cisco’s global accolade of winning first place in both 2019 and 2020, on the global World’s Best Workplaces list by Great Place to Work® and Fortune Magazine.

Wilson Ching, General Manager of Cisco Hong Kong and Macau, said, "We are honoured and proud of the trust placed in us by our employees and of being recognized as the top place to work in Hong Kong. This award is a testament to our continuous efforts to foster a conscious culture where employees are engaged and feel supported to thrive. Our employees are our biggest differentiator, and we are committed to creating an environment where they feel empowered, and purposeful in all aspects of life."

This year’s award saw scores of companies from Hong Kong participating in the audit where employees shared their perspectives on leadership, organizational culture, and trust.

Cisco has always been committed to powering an inclusive future through innovative technology and a generous sense of corporate responsibility.  At Cisco, Conscious Culture is a way of life where management and employees are aware of the environment that they are part of, ensuring everyone feels accountable, empowered, and actively contributes to a diverse and inclusive culture where everyone feels safe and can thrive. Cisco puts employees at the heart of the business and has created the environment, characteristics and experiences that built the culture.

As a world recognized technology company, a number of rituals are practised across all Cisco teams globally to help employees stay connected and ensure a strong sense of culture. For example, every week, employees check-in with their leaders for a focused conversation about work, priorities, loves, loathes and support needed. Every quarter, leaders launch an "Engagement Pulse", a short survey to find out how team members are feeling which in turn triggers courageous conversations and reflections and helps build stronger engagement.

El Cavanagh-Lomas, Vice President, People & Communities, EMEAR & APJC, Cisco, said, "The Great Place to Work® recognition for Cisco Hong Kong is first and foremost a testament to our employees who make Cisco an amazing workplace by embodying our core values and our Conscious Culture. The certification comes at a time as we adapt to the challenges of the pandemic and as our vision of Cisco’s hybrid workplace emerges and evolves. For us, the hybrid future of work is not just about using technology – it is the resilience, adaptability, and innovation of our people, qualities that have further strengthened our inclusive culture, making Cisco a much sought-after place to work across the region."

Across the company, Cisco’s Employee Resource Organizations (EROs) foster inclusive community networks connecting employees with shared interests and beliefs across all the markets that Cisco operates in, with the goal of driving connections and helping employees unleash their full potential.

At the heart of Cisco’s workplace culture is a focus on the "Whole You". Employees are encouraged to take care of themselves and make all aspects of wellbeing (physical, social, emotional and financial) a priority, so that they may give their best at work and at home.

About the Best Workplaces in Hong Kong™ list

Since 2016, Great Place to Work® has identified the top organizations that create great workplaces in Hong Kong regardless of their business scale and industry through the publication of the Best Workplaces in Hong Kong™ List. The objective of publishing the list is to acknowledge organizations and Great Workplaces from diverse industries and sizes that deliver and establish great culture and enhance the competitive edge in Hong Kong.

To be considered eligible for the Best Workplaces in Hong Kong™ List, companies must score at least 70% in the overall result of the Trust Index© employee survey and score 120 in Culture Audit© assessment.

About Great Place to Work®:

Great Place to Work® is the global authority on high-trust, high-performance workplace cultures that provides executive advisory and culture consulting services to businesses, non-profits, and government agencies in more than 90 countries across five continents. Through proprietary assessment tools, benchmarks and certification programs, Great Place to Work® provides the expertise needed to create, sustain, and recognize outstanding workplace cultures. The Institute works with media throughout the world to select lists of Best Workplaces. In Greater China, we partner with Bloomberg Businessweek/China and Classified Post to publish the ‘Best Workplaces™ list. In the US, we work with Fortune Magazine to publish the 100 Best Companies to Work For® list.

About Great Place to Work official website please visit http://www.greatplacetowork.com.hk/

About Cisco

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

True Expands Global Reach into China

New Shanghai office strengthens firm’s commitment to APAC

HADDONFIELD, N.J., June 30, 2021True, the fastest growing global platform of innovative talent management products and services, today announced its enhanced capability in the APAC region with its new office in Shanghai, China. This investment underscores True’s commitment to connect companies with the best global talent in every corner of the world.  

"Expansion to China is a milestone for our global footprint," said Joe Riggione, co-CEO and True founder. "This is a natural progression for True and we are better positioned to serve our clients in the region and those doing business there."

True has already expanded to 17 offices worldwide including Sydney, Dubai, and Singapore, with the international business on track to double in size this year. True’s global presence has quickly gained momentum.

"We recognize that industry knows no borders, and the best talent can come from anywhere," said Siv Sivanesan, GM, International at True. "At True, we are experts at facilitating the movement of top people to opportunities in new countries. Our office will answer client demand we already see for a digitally-native executive search partner in China."

True Partner Gavin Ng, a search professional with 20 years’ experience in the region, will lead the Shanghai team. Before joining True, Ng was an APAC Partner and China Lead for H.I. Executive Consulting where he established their Shanghai office. He has set-up and scaled two successful businesses in the region. Ng brings experience across professional services, multinational corporations, and the private equity and venture capital spaces.

"I’m honored to join True and lead the expansion in China," said Gavin Ng, True Partner and Greater China Lead. "Our clients, both international and local, will benefit from our global reach, authentic search approach and understanding of talent needs along their growth journeys."

True’s investment in China also aligns with the firm’s core expertise of being a partner for growth to tech-enabled businesses backed by funds such as L Catterton, Sequoia and Lightspeed. China is recognized as a global technology leader.  The abundance of innovation presents an incredible opportunity for True to meet the intense demand for high-growth talent in the world’s second-fastest growing economy and second-largest market for executive search.

ABOUT TRUE
The True platform is a global suite of products and services driving the intelligence behind talent management. True consists of five business units: True Search, Thrive, Synthesis, AboveBoard and True Equity.

True Search
Global recruitment for board members, c-suite executives, VPs, directors and other strategic talent. We focus on investment firms, their portfolio companies, and public companies seeking transformative growth.

Thrive
Collaborative, real-time talent relationship management software and information services for search firms, in-house recruiters, and VC/PE firms looking to make better hiring decisions.

Synthesis
A multi-layered approach to leadership assessment and development which combines the evaluation methods of elite military units, executive coaching techniques and agile methodology principles.

AboveBoard
A diversity-focused startup bringing unparalleled solutions to the critical need to bring more women and executives of color to leadership roles. With AboveBoard’s two-way platform, members get unique visibility to hundreds of opportunities while companies get access to qualified candidates.

True Equity
True Equity makes direct investments in high growth companies backed by elite venture capital firms.

Contact:
Sarah Mikhailova
Vice President of Communications
(609) 710-1939
sarah@trueplatform.com 

Related Links :

https://trueplatform.com

GLG Names Ramakrishnan (Rama) Adaikalavan Head of APAC


NEW YORK, June 21, 2021GLG, the world’s insight network, today announced that Ramakrishnan (Rama) Adaikalavan will join the company as Head of APAC. He joins GLG’s global leadership team and will report directly to CEO Paul Todd. As Head of APAC, Adaikalavan will oversee all of GLG’s business serving leading corporations, professional services firms, and financial firms from ten offices across the Asia-Pacific region.

GLG is the world’s insight network, bringing decision makers the insight it takes to get ahead. GLG’s network of experts is the world’s largest and most varied source of first-hand expertise, with thousands of new experts recruited every week.

Adaikalavan joins GLG with extensive cross-APAC experience at prestigious global companies, most recently as Vice President and GM of Applications and Business Process Services at DXC Technology, a leading global IT services and solutions firm. He has also held senior executive roles at Hewlett Packard Enterprise Services, Hewlett Packard, and Electronic Data Systems. Born in Malaysia, Adaikalavan started his career in Australia and relocated to Singapore in 2010. He holds an MBA from the Australian Graduate School of Management and has recently completed an International Directors Program at INSEAD.

"Rama is an extremely savvy executive who brings deep commercial and frontline leadership experience and strong knowledge of the Asia-Pacific region," said GLG CEO Paul Todd. "I’m excited for him to bring that exceptional background to GLG as we continue to accelerate our growth across APAC and around the world."

"I’m thrilled to join GLG’s talented APAC team at a moment of strategic growth for the company," said Adaikalavan. "I’m looking forward to partnering with our experts and clients to continue to deliver an exceptional differentiated value proposition in the Asia-Pacific market."

Adaikalavan will be based in Singapore. He begins work today.

About GLG
GLG is the world’s insight network. We connect decision makers to the right experts so they can act with the confidence that comes from true clarity and have what it takes to get ahead. Our network of experts is the world’s largest and most varied source of first-hand expertise, and we recruit hundreds of new experts every day. We bring the power of insight to every great professional decision. Visit GLGinsights.com.

Contact: press@glg.it 

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Clarivate Report Demonstrates that Nations or Institutions with Diverse Research Priorities Respond More Comprehensively to Unprecedented Scientific Challenges


Forward-looking approach offers a valuable new tool for anticipating and preparing for the unexpected

LONDON, June 16, 2021 — Clarivate Plc (NYSE: CLVT), a global leader in providing trusted information and insights to accelerate the pace of innovation, today released a new Global Research Report which examines the ability of nations and institutions to respond to unexpected challenges or opportunities in science, medicine, technology and social sciences based on the diversity of their research activities and expertise.

With the publication of, "Subject diversity in research portfolios", analysts at the Institute for Scientific Information (ISI)™ at Clarivate consider subject diversity in a research context and show trends in national and institutional research portfolios by examining publications from across the G71 and BRICK2 nations from 1981 – 2018. The report finds that subject diversity provides benefit, notably in resilience and responsiveness to unexpected challenges and examines these nations’ ability to provide for their citizens’ needs in responding to a severe unforeseen global challenge – the COVID-19 pandemic. In doing so, Clarivate identifies a new and readily usable analytical approach to evaluate the capacity and competency of research organizations and nations.

The report looks to the Web of Science™ citation index, relying on the familiar Gini coefficient to provide a pragmatic approach to examining research diversity by identifying a stable global baseline for national comparisons, using highly structured data gathered over forty years. By focusing on the category balance or evenness, rapid visual comparisons can be made over time and between entities. The study demonstrates that diversity analysis provides a new forward-looking view of the opportunities for intellectual, and scientific evolution, in contrast to retrospective publication citation analysis, which looks back to achievement.

Bibliometric data have been thoroughly explored as a tool for tracking past performance and outcomes. Understanding and assessing diversity may prove not only to be a useful forward-looking index for research organizations but also to be a critical tool for national and institutional research managers in anticipating and preparing for the unexpected – and deploying an effective response. 

Jonathan Adams, Chief Scientist at the Institute for Scientific Information at Clarivate said: "The association between diversity of research topics and response to challenge and innovation points to a new source of information for those that manage research portfolios and will form a valuable new tool in support of strategic investment planning."

Diversity and research response

COVID-19 presented an unforeseen global research challenge, and the ISI identified 67,756 papers (articles or reviews) indexed in the Web of Science and published in 2020-21 related to COVID-19. Their analysis of these papers suggests that a diverse research base is indeed of potential benefit in enabling a more comprehensive response, as it provides agility and the scope for recombining knowledge in unexpected interdisciplinary situations. Countries with a diverse research base responded with a rapid and comprehensive range of innovative research – but most specialist countries did not. An exception, Brazil, has a narrow research base but one pre-adapted to this particular challenge.

Joel Haspel, SVP Strategy, Science at Clarivate said: "Diversity matters. Research diversity, in all its forms, is an engine of economic progress. It stimulates innovation and contributes to stability and resilience in national portfolios and should be a valuable part of management planning for research and development for countries and institutions."

Notes to editors:

1 G7 nations: Canada, France, Germany, Italy, Japan, United Kingdom, United States
2 BRICK nations: Brazil, Russia, India, Mainland China, South Korea

About Clarivate

Clarivate™ is a global leader in providing solutions to accelerate the lifecycle of innovation. Our bold mission is to help customers solve some of the world’s most complex problems by providing actionable information and insights that reduce the time from new ideas to life-changing inventions in the areas of science and intellectual property. We help customers discover, protect and commercialize their inventions using our trusted subscription and technology-based solutions coupled with deep domain expertise. For more information, please visit clarivate.com.

Media Contact
Rebecca Krahenbuhl, External Communications Manager, Science
media.enquiries@clarivate.com

The Future of Work: WorkForce Software Launches First Integrated Employee Experience and Workforce Management Platform to Meet the Needs of the Modern Workforce

Integrated employee experience features set a new bar for advanced workforce management solutions designed for global enterprises

LIVONIA, Mich., June 15, 2021 — WorkForce Software, the leading provider of enterprise SaaS-based workforce management solutions today announced the availability of its WorkForce Suite with a fully integrated set of employee experience (EX) capabilities designed to facilitate meaningful, in-the-moment interactions between managers and their deskless employees. Critical capabilities delivered in the newest release include two-way communications and real-time workforce data, which managers can use to engage staff, capture feedback, and act on employee sentiment. Harnessing these digital interactions through the WorkForce Suite can drive more effective employee engagement, provide for a safer, more compliant work environment, and boost employee retention for greater organizational resiliency and agility.

"In our work with some of the largest global employers, we can see that focusing on improvements to employee experience are being prioritized even more highly than before the pandemic," said Mike Morini, CEO of WorkForce Software. "A tightening labor market, lower barriers to job change, and an increasingly diverse and digitally native employee population with higher expectations creates a demand for employers to re-imagine their workforce management technology and include solutions aimed at improving the employee experience."

Today, there are 2.7 billion deskless workers in the global workforce—many of whom indicate a disconnect due to a growing technology gap, which makes it difficult for employers to communicate with employees and keep their workforce engaged at scale.

A 2021 survey recently conducted by WorkForce Software revealed a significant disparity in how employers and employees perceive the digital and technological support provided to meet workplace needs. According to the report, employers felt they had provided adequate job training, employee recognition, and scheduling flexibility, among other criteria, but many employees surveyed disagreed. This disconnect further exacerbates the struggle many organizations face to retain talented employees.

"Companies can no longer afford to consider solutions primarily aimed at the office worker and must include solutions that work for the entire workforce, especially those who don’t perform their work from behind a desk," said Morini. "To cultivate an inclusive corporate culture with highly engaged employees, companies must now invest in solutions that offer the consumer-grade experiences modern workers expect while enabling organizations to adequately engage their employees and keep operations running efficiently."

Organizations can now benefit from advancements to the WorkForce Suite that include:

WorkForce Experience – Creates powerful employee experiences that strengthen workplace bonds with communication and collaboration channels, easy access to information, in-the-moment feedback, micro-training, self-service, and automation.

WorkForce Labor Forecasting – Harnesses the power of machine learning to improve forecast models by evaluating new and historical data to more accurately predict labor needs and demand levels and ensure optimal staffing.

WorkForce Scheduling – Enables a flexible, collaborative approach to scheduling while still ensuring the needs of the business and internal and external policies are met. Employers can ensure qualified employees are placed when and where work needs to happen, while employees can communicate availability and resolve last-minute conflicts.

WorkForce Insights – Assists managers and executives to make faster, more accurate decisions based on key performance indicators, dynamic executive dashboards, data visualizations, and real-time insights that help them proactively take action to avoid undesirable labor costs, shortages, or negative employee experiences.

"With these solutions, employers can deliver a compelling value proposition to their employees today and as their needs continue to adapt in the future," said Morini.

To learn more about the WorkForce Suite, including the new WorkForce Experience (EX) solution, visit:  www.workforcesoftware.com/workforce-suite/employee-experience/

About WorkForce Software
WorkForce Software is the first global provider of workforce management solutions with integrated employee experience capabilities. The company’s WorkForce Suite adapts to each organization’s needs—no matter how unique their pay rules, labor regulations, and schedules—while delivering a breakthrough employee experience at the time and place work happens. Enterprise-grade and future-ready, WorkForce Software is helping some of the world’s most innovative organizations optimize their workforce, protect against compliance risks, and increase employee engagement to unlock new potential for resiliency and optimal performance. Whether your employees are deskless or office workers, unionized, full-time, part-time, or seasonal, WorkForce Software makes managing your global workforce easy, less costly, and more rewarding for everyone.  For more information, please visit WorkForceSoftware.com.

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Meridian Capital-Backed Zhipin.com Lands on Nasdaq

BEIJING, June 12, 2021 — On June 11, China’s largest online recruitment platform, Zhipin.com, successfully listed on the Nasdaq Stock Exchange, with the stock code BZ. In this IPO, 48 million American Depositary Shares (ADS) were issued, and the total funds raised exceeded USD1 billion. The company’s overall valuation exceeds USD8 billion.

Meridian Capital is an important institutional investor of Zhipin.com. After Zhipin.com’s founding in 2014, an in-depth communication between Meridian Capital and Zhipin.com’s founders started at the beginning of 2015, and by September of that year Meridian Capital had developed the investment framework and term sheet to become the company’s lead investor in the first round of Series C funding.

Subsequently, Meridian Capital increased its investment in Series C2 financing, and has been helping and accompanying the growth of Zhipin.com for more than 6 years.

Ji Wei, the founding Managing Partner of Meridian Capital, said, Zhipin.com has subverted the traditional resume-centric recruitment mode, promoting the efficient connection between recruiters and job seekers, and greatly improving the efficiency of talent matching.

In this case, initially, Meridian Capital was also a user of Zhipin.com, and later became its investor.

Ji Wei, Founding Managing Partner of Meridian Capital, Gaonan Zhang, Managing Partner of Meridian Capital with the Founder of Zhipin.com
Ji Wei, Founding Managing Partner of Meridian Capital, Gaonan Zhang, Managing Partner of Meridian Capital with the Founder of Zhipin.com

Meridian Capital is a leading venture capital firm in China. Up to now, Meridian Capital has managed over RMB8.5 billion of capital and invested in more than 190 companies. Meridian Capital has continually been active in the digital economy space, especially with regard to technology empowerment enterprises.

In addition to Zhipin.com, Meridian Capital has also invested in industry leading companies including Weimob, Biren Technology, DeepBlue Technology, Joyou.com, Beagledata. Meridian Capital has acted as the lead investor for 91% of all of its investment projects.

From the statistical data it can be seen that Meridian has successfully exited from more than 40 portfolios either through an IPO or through M&A, and nearly two-thirds of the companies it has invested in have completed multiple subsequent rounds of financing.

Zhao Peng, founder and CEO of Chinese tech sector recruitment leader Boss Zhipin
Zhao Peng, founder and CEO of Chinese tech sector recruitment leader Boss Zhipin

In the future, there is still considerable room for growth for Zhipin.com. CIC research data shows that the scale of China’s online recruitment market is expected to increase from RMB55.1 billion in 2020 to RMB223.4 billion in 2025, with a CAGR of 32.3%. 

Contact: gloria.xiang@meridiancapital.com.cn

 

Paradox Carries Global Momentum into APAC, Hiring Kartik Krishnamurthy to Lead Expansion


Kartik joins Paradox with more than 10 years of experience driving growth for HR tech companies in Asia — first as one of LinkedIn’s early employees and most recently as Managing Director for Cornerstone OnDemand.

SCOTTSDALE, Ariz., June 9, 2021 — Paradox, the leading conversational AI platform helping global talent acquisition teams like Unilever and McDonald’s spend more time with people by automating tasks like screening, interview scheduling, and candidate communications, announced the addition of Kartik Krishnamurthy as VP, APAC.

Prior to Paradox, Kartik served as the Managing Director of Cornerstone OnDemand in Asia, where he executed the strategic vision and regional plan to support the company’s growth in the region. Before Cornerstone, he was one of LinkedIn’s first hires in APAC, and held senior leadership roles at ADP.

At Paradox, he’ll build on the company’s momentum in Asia — growing partnerships with the company’s current clients in the region and building out a team to meet rapidly growing interest in Paradox’s product globally.

"When we started Paradox, we had a clear vision for building a different kind of software company — one that helps clients across the world spend more time with people, not software," said Paradox founder and CEO, Aaron Matos. "We’ve been fortunate to work with several global organizations in APAC and organically grow our presence in the region. Kartik is a fantastic addition to help carry that momentum forward."

Alongside its global client base, Paradox also operates a large R&D center in Vietnam, and recently inked a brand ambassador deal with Cameron Smith, a three-time winner on the PGA Tour and the top-ranked Australian golfer in the world.

"I’m very excited to be on the journey to bring Paradox into this region," said Kartik. "With over half of the world’s population and 30% of global GDP, APAC has always been a key growth engine for global companies and I believe the timing’s perfect to grow the business here by helping our clients transform their people strategy."

About Paradox

Launched in late 2016, Paradox was founded with the belief that if companies get the people thing right, they can build teams that change the world. In a few short years, the Scottsdale-based startup has grown into the clear leader in Conversational AI, supporting some of the world’s largest employers, including Unilever and McDonald’s.

Olivia, the company’s conversational AI assistant, is helping TA teams automate tasks like screening, interview scheduling, candidate communications, and more, so recruiting teams can spend more time with people, not software. Paradox has won numerous awards, including Human Resource Executive’s Best HR Product of 2019 and the 2020 Brandon Hall Gold Award for Best Advance in AI for Business Impact. The company’s also been named one of Forbes’ Top 500 Startup Employers two years in a row. To learn more, visit www.paradox.ai.

Contact:
Paradox
Josh Zywien, Chief Marketing Officer
josh.zywien@paradox.ai

 

Aon’s New Vaccine Supply Chain Solution to Benefit Response Fund for the World Health Organization


Aon will donate all 2021 revenues from new solution that protects global COVID-19 vaccine shipments to the COVID-19 Solidarity Response Fund.

CHICAGO, May 25, 2021 — Aon plc (NYSE: AON), a leading global professional services firm providing a broad range of risk, retirement and health solutions, has announced it will donate 100 percent of all 2021 revenues earned from its new vaccine supply chain solution to the COVID-19 Solidarity Response Fund, powered by the WHO Foundation and the United Nations Foundation in support of the World Health Organization (WHO). Aon commits to donating a minimum of $100,000.

Delivered through broad industry collaboration, Aon’s recently launched solution provides supply chain protection for global COVID-19 vaccine shipments and is designed to help maximize the number of doses that are administered to the public. The solution provides transparent cargo insurance coverage for COVID-19 vaccines and combines sensor data and analytics to deliver timely payment for doses that fall outside of the agreed-upon temperature range while being transported or stored. Qualified parties in the vaccine supply chain are eligible, including pharmaceutical firms, government bodies, transportation and logistics companies, distributors, health systems, pharmacy chains and inoculation centers.

"As we continue to move toward the ‘New Better’ and have seen incredible progress in some areas when it comes to vaccine distribution, the COVID-19 pandemic is still affecting communities around the world in unprecedented ways and its impact will continue to reverberate for years to come," said Greg Case, CEO, Aon. "By benefitting the COVID-19 Solidarity Response Fund, our new collaborative solution is not only providing first-hand support in supply chain management, but also aiding other critical life-saving efforts of the WHO Foundation."

The COVID-19 Solidarity Response Fund for the WHO is the only way for individuals, corporations, foundations and other organizations around the world to directly support the work of the WHO and its partners to help countries prevent, detect and respond to the COVID-19 pandemic. As of May 2021, the fund has put more than $250 million in donations to work. Donations support the WHO’s efforts including suppressing worldwide transmission of the virus, reducing mortality, protecting the vulnerable and accelerating equitable access to new COVID-19 tools.

"Navigating vaccine distribution at a global scale is one of the most immediate and pressing hurdles facing our leaders today," said Paul Kim, Head of Strategy and Product Development, Commercial Risk Solutions at Aon. "It is an honor to support the WHO Foundation to maximize the impact of our efforts. We are proud to not only provide an innovative offering to help work toward equitable global distribution, but to also directly benefit a fund that is impacting communities around the world in the fight against COVID-19."

Learn more about how businesses have shifted in response to the COVID-19 pandemic in Helping Organizations Chart a Course to The New Better.

About Aon
Aon plc (NYSE: AON) is a leading global professional services firm providing a broad range of risk, retirement and health solutions. Our 50,000 colleagues in 120 countries empower results for clients by using proprietary data and analytics to deliver insights that reduce volatility and improve performance.

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Aon UK Limited is authorised and regulated by the Financial Conduct Authority for the provision of regulated products and services in the UK. Registered in England and Wales. Registered number: 00210725. Registered Office: The Aon Centre, The Leadenhall Building, 122 Leadenhall Street, London EC3V 4AN. [FP.GBC.381.JJ]. 

Media Contact
Nadine Youssef
mediainquiries@aon.com
Toll-free (U.S., Canada and Puerto Rico): +1 833 751 8114
International: +1 312 381 3024

 

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MarTech Startup Affable.ai Raises USD 2M to Boost the Adoption of its Influencer Marketing Platform

Investors: Prime Venture Partners, Decacorn Capital, SGInnovate

BENGALURU, India and SINGAPORE, May 18, 2021Singapore-based Martech startup, Affable.ai has raised USD Two Million from Prime Venture Partners, Decacorn Capital & SGInnovate. Affable’s AI-driven, Self-service SaaS platform helps brands and agencies run high impact influencer marketing campaigns. Affable brings transparency and analytics to influencer marketing and is being used by over 45 top brands and agencies including Huawei, Wipro, Pomelo, Fresh, Omnicom, Dentsu, and We Communications. The company tracks more than Three Million Influencers across Instagram, Facebook, YouTube, and TikTok. With the fresh funding, Affable plans to expand into international markets such as the U.S.

Affable Team Members
Affable Team Members

Affable was founded by Nisarg Shah and Swayam Narain in 2017 as part of the Entrepreneur First cohort. The end-to-end Influencer Marketing Platform allows brands and agencies to streamline their influencer strategies throughout the planning, discovery, activation, and reporting phases. Affable uses advanced machine learning and big data analytics to help brands find influencers, manage and measure campaign performance. With the influencer marketing process being extremely manual, time-consuming and completely based on guesswork, Affable provides brands with data-driven insights and analytics to help streamline their micro-influencer marketing process. 

A global rise in digital consumption continues to propel influencer marketing campaigns among brands across all sectors. Being a mobile-first region along with its youthful demography and growing popularity of social platforms, Southeast Asia has become an ideal ground for influencer marketing to flourish and the market is estimated to reach $2.59 billion by 2024. Globally, the industry is very bullish and is pegged to reach $15 billion by next year. A primary reason for this growth is largely attributed to the large numbers of internet users and majority of them using smartphones. Furthermore, the COVID-19 pandemic has sped up the influencer marketing wave across the world. Cooped up at home, users are spending more time on social networking, gaming, and watching OTT content. The huge amounts of time spent online has prompted brands to work more with social media influencers on platforms such as YouTube, Facebook, and Instagram to connect with their consumers. Subsequently, Micro-influencers/ Micro-celebrities can drive a much higher reach at a much lower cost.

However, with up to 6X ROI on micro-influencer marketing budgets, brands are still struggling to find relevant influencers and measure their effectiveness. Traditionally, the influencer marketing process involves finding influencers, vetting audience quality, tracking & measuring results manually. Affable has not only made this process automated but also intelligent by building proprietary algorithms around its data infrastructure where it uses advanced ML and image processing models for an accurate influencer-brand mapping and measuring campaign ROIs. The platform detects fake followers, discovers follower interests and classifies social media users based on brands, fan pages etc. Affable indexes all the social media users and identifies potential influencers that a brand could work with. Using Affable, marketers can find influencers, manage them campaign-wise, and measure post-campaign analytics such as engagement from in-target audience, influencer success(as a group and individually), measure the overall effectiveness of the campaign, as well as measure clicks and sales.

Including the current funding round, Affable has raised USD 2.8M from Prime Venture Partners, Decacorn Capital, SGInnovate, Entrepreneur First and strategic angel investors. Headquartered in Singapore, the startup has 20 employees working remotely across different geographies.

Supporting Quotes

Nisarg Shah, CEO and Co-founder, Affable.ai

"We see a huge opportunity in working with brands to enable the much needed, data-driven influencer marketing campaigns. The industry-leading brands and agencies we work with reinforce our belief in the need for analytics to streamline the micro-influencer marketing process. Prime brings a depth of experience in scaling global SaaS companies, operational expertise, as well as a strong network that we can leverage during our growth phase and we are very excited to partner with them. At the same time, participation from our existing investors is a great endorsement for us."

Shripati Acharya, Managing Partner, Prime Venture Partners

"Data-driven analytics is the need of the hour in the influencer marketing ecosystem which is a new and upcoming marketing channel and has picked up steam in the last 3-5 years. We believe that Influencer marketing will become a mainstream marketing channel for brands with a significant budget allocation. Affable’s tech differentiation will transform the way brands and agencies interact with micro-influencers and celebrities, ensuring they get maximum RoI from their marketing campaigns. We are excited by the demand and the potential for this service and are delighted to back founders who are extremely passionate and have deep expertise in this field."

Debneel Mukherjee, Managing Partner, Decacorn Capital

"As the lead investor in Affable’s seed round, Decacorn believes that ‘prime-time’ has arrived in the AI driven influencer marketing space to effectively monetize the hyper social behavioral changes in the post millennials. We are glad to have worked closely with the Affable team over these past two years in scaling their business from a product-market fit stage to a rapidly growing 6-digit MRR as on date. In order to help Affable scale beyond Asia into the holy grail of the USA we have ponied up in Affable to the fullest extent."

About Affable

Affable is an end-to-end Influencer Marketing Platform used by leading global brands to find, manage, monitor and measure influencers seamlessly. The platform allows brands to discover, engage and measure social media influencers. Affable is developing Artificial Intelligence algorithms that profiles influencers and their audience across social media channels such as Instagram, YouTube, Twitter, Facebook etc. Affable was founded by Nisarg Shah and Swayam Narain in 2017 as part of the Entrepreneur First cohort. For further information, please visit: https://www.affable.ai/.

 

IMH Estimated Influencer Marketing Growth (YOY)
IMH Estimated Influencer Marketing Growth (YOY)

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