Exosens Signs Partnership With Scientific Imaging Inc.

MERIGNAC, FRANCE, Dec 2, 2023 – (ACN Newswire) – All products from Xenics and Photonis are covered in the distribution and partnership agreement with Scientific Imaging. The overall strategy of this partnership is to add commercial value to customers through a streamlined sales and service channel. This will provide access to a family of UV to NIR cameras (from Photonis) and SWIR and LWIR imaging systems (from Xenics) tailored to the US market. For Photonis and Xenics brands, this agreement is another step of broadening the market position by relying on Scientific Imaging’s established user base of optics and imaging technologies and applications.

Scientific Imaging supplies best-in-class imaging solutions for a wide range of applications in Life Sciences, Microscopy, Inspection, Machine Vision and Quality Control. With a team of experienced professionals providing imaging solutions to meet the needs of imaging projects, Scientific Imaging is excited to bring its knowledge and expertise to help develop new sales opportunities with Photonis and Xenics products.

The wide range of high-performance cameras covered by the agreement also opens new horizons in various markets, with a greater purpose to improve and emphasize the specific needs of potential users in the region. For example, Xenics Manx series is the world’s fastest InGaAs line-scan cameras with high-image resolutions. Xenics Wildcat+ series, with its high sensitivity and affordability, is the area-scan shortwave-infrared cameras with CameraLinkTM or plug-and-play USB3 Vision interfaces. In the long-wave infrared region, Xenics offers cameras and cores with low NETD options, a broader range of optics options and pixel resolutions for various thermal imaging needs. Photonis Nocturn series of low light imaging camera cores are ruggedized and passive with features like high-definition resolution, high sensitivity. iNocturn series from Photonis features a unique combination of ultra-sensitivity, low SWaP and high-frame-rate, high-QE photodetectors, and gating capability.

ABOUT EXOSENS:

Accompanied by Groupe HLD since 2021, EXOSENS is a high-tech company, with more than 85 years of experience in the innovation, development, manufacture and sale of technologies in the field of particles and photo detection and imaging. Today, it offers its customers detectors and detection solutions: its travelling wave tubes, advanced cameras, neutron & gamma detectors, instrument detectors and light intensifier tubes allow EXOSENS to respond to complex issues in environments extremely demanding by offering tailor-made solutions to its customers. Thanks to its sustained and permanent investment, EXOSENS is internationally recognized as a major innovator in optoelectronics, with production and R&D carried out on nine sites, in Europe and North America and over 1 500 employees.

For more information: exosens.com

Contact Information

Sales Manager sales@xenics.com

GEON(R) Performance Solutions Announces Polymax(TPE) Acquisition

WESTLAKE, OH, Dec 2, 2023 – (ACN Newswire) – GEON Performance Solutions, a global leader in the formulation, development and manufacture of performance polymer solutions, announced today the acquisition of Polymax(TPE) which specializes in the development of premium thermoplastic elastomer (TPE) materials for manufacturers across a diverse range of industries throughout North America, Asia and Europe. Polymax(TPE) has two full-service manufacturing sites in Nantong, Jiangsu, China, and Waukegan, Ill, USA.

“Founded in 2005 in Nantong, Jiangsu, China, and expanded to include the Waukegan, Ill, USA facility in 2015, Polymax(TPE) is a recognized leader in TPE research, development and manufacturing, serving customers globally. This addition represents a key step forward in GEON’s strategy. The Nantong facility and tenured team will enable us to better serve our customers in the Asia-Pacific region and the facility in Illinois will support our continuous growth in North American markets through expanded polymer solutions and market access. We intend to maximize the incredible expertise of the Polymax(TPE) team augmented by the resources of GEON and look forward to bringing its TPE solutions to our customers,” said GEON CEO Tracy Garrison.

“Polymax(TPE)’s leading thermoplastic elastomer technology will be fully leveraged by GEON to make the combined company a global leader in thermoplastic elastomer. This alignment secures a strong future for our customers,” said Dr. Martin Lu, chief technology officer and co-founder of Polymax(TPE).

Sales and manufacturing operations for both companies will continue as usual through the transition.

About GEON Performance Solutions

GEON Performance Solutions is a global leader in the formulation, development and manufacture of performance polymer solutions. With a portfolio of highly adaptable vinyl and polyolefin polymer technologies as well as a full-service manufacturing business, GEON combines three powerful traditions into a single, customer-focused business. GEON Performance Solutions is a leading innovator in the development of performance material solutions for a broad range of markets, including appliances, building & construction, electronics, healthcare, transportation, wire & cable and more. GEON Performance Solutions has approximately 1,000 global associates and 12 world-class manufacturing plants with headquarters in Westlake, Ohio. Please visit us at geon.com to learn more. GEON Performance Solutions is a portfolio company of SK Capital Partners.

About SK Capital Partners

SK Capital is a private investment firm with a disciplined focus on the specialty materials, ingredients, and life sciences sectors. The firm seeks to build resilient, sustainable, and growing businesses that create substantial long-term economic value. SK Capital aims to utilize its industry, operating, and investment experience to identify opportunities to transform businesses into higher-performing organizations with improved strategic positioning, growth, and profitability, as well as lower operating risk. SK Capital’s portfolio of businesses generates revenues of approximately $17 billion annually, employs more than 25,000 people globally, and operates more than 200 plants in over 30 countries. The firm currently has approximately $7.9 billion of assets under management. For more information, please visit skcapitalpartners.com.

Contact Information
Grace Liu
Director of Marketing
grace.liu@geon.com
+1 (216)-678-7099

UBTECH Passes the Listing Hearing by the Hong Kong Stock Exchange, Sets to Become the “First Listed Company Specialized in Humanoid Robots”

HONG KONG, Dec 1, 2023 – (ACN Newswire) – UBTECH ROBOTICS CORP LTD (“UBTECH” or the “Company”, together with its subsidiaries, the “Group”) today officially announced that it has passed the listing hearing by The Stock Exchange of Hong Kong Limited (the “Stock Exchange”).

UBTECH is one of the few market players in the global humanoid robot industry and has been at the forefront of commercializing humanoid robots. As of 30 June 2023, UBTECH has served more than 900 corporate clients in over 50 countries and regions worldwide and sold over 760,000 robots. It achieved commercialization of humanoid robots relatively early, considering that the global humanoid robot industry remains at the early stages of technological exploration and development. In 2020, 2021 and 2022, UBTECH’s revenue amounted to RMB740 million, RMB817 million and RMB1,008 million, respectively, representing an average annual growth rate of 16.7%, with a year-on-year growth rate of 23.4% in 2022, demonstrating accelerating growth in annual revenue during the reporting period.

The contribution of the humanoid robot business to UBTECH’s revenue continued to increase. In the first six months of 2023, this business segment contributed revenue of RMB7.24 million, showing a significant increase compared to the same period of last year. In 2022, the humanoid robot business contributed revenue of RMB51.84 million, more than tripled year-on-year, accounting for 5.1% of the Company’s total revenue, a significant increase as compared to 2020 and 2021. Benefiting from the higher technological barriers of humanoid robots, the business related to humanoid robots maintained a gross profit margin of over 50% in both 2022 and the first six months of 2023.

During the reporting period (in the financial years of 2020, 2021 and 2022, and the first six months of 2023, same hereinafter), UBTECH recorded total revenue of approximately RMB2.83 billion. The total research and development investment amounted to nearly RMB1.6 billion, with an average research and development expenditure accounting for 56.5% of the total revenue. UBTECH’s full-stack technologies, backed by more than 1,800 robotic and AI-related patents as of 30 June 2023 of which more than 380 are overseas patents, is a combination of robotic technologies (robotic motion planning and control technology and servo actuators) and AI technologies (computer vision and voice interaction technologies), which together power a number of integrated robotic and AI technologies (SLAM and autonomous technology, visual servo operation and human-robot interaction), rounded out with and controlled through Robot Operating System Application Framework (ROSA), a proprietary robotics application framework.

Currently, UBTECH focuses on three major application scenarios for humanoid robots, including industrial manufacturing, commercial services and household companionship. In particular, intelligent manufacturing will become the first area of large-scale application of humanoid robots, which will redefine the workers of the AI era, liberating humans from repetitive labor. In 2023, UBTECH developed the humanoid robot Walker S for industrial applications and collaborated with several leading companies in the new energy automotive sector to plan for the application of humanoid robots in manufacturing scenarios in phases. The commercial service sector is the first market to apply humanoid robots, and UBTECH’s first batch of humanoid robots, Walker X, have been deployed in NEOM in Saudi Arabia, becoming the first generation of large-scale humanoid robot citizens to provide intelligent services. Meanwhile, the household scenario emerged as the most promising market for humanoid robot applications.

On 20 October, the Ministry of Industry and Information Technology issued the “Guiding Opinions on the Innovative Development of Humanoid Robots”, providing a comprehensive and clear strategic plan for the development of humanoid robots for the first time in a standalone document. The opinions point out that humanoid robots, integrating advanced technologies such as AI, high-end manufacturing and new materials, are expected to become disruptive products following computers, smartphones, and new energy vehicles. They have the potential to profoundly transform the way of life and production and reshape the global industrial development landscape. As part of the “national team” for humanoid robots, UBTECH is expected to gain more development opportunities in technological breakthroughs and application expansion.

MOU Partnership Signed between Organisers of Bali International Airshow and Angkasa Pura I

DENPASAR, Indonesia, Dec 1, 2023 – (ACN Newswire) – A Memorandum of Understanding (MOU) has been signed between Indonesian state-owned enterprise PT Angkasa Pura I I Gusti Ngurah Rai International Airport – Bali and PT Inaro Tujuh Belas for the use of Ngurah Rai International Airport facilities for Bali International Airshow. This MOU and partnership will allow Bali International Airshow organisers, PT Inaro Tujuh Belas, to utilise the hangar and south apron of Ngurah Rai Bali International Airport as the official venue for Bali International Airshow 2024.

Mr. Jodi Mahardi (Deputy of Maritime and Energy Sovereignty Coordination, Coordinating Ministry of Maritime Affairs and Investment of the Republic of Indonesia), Mr. Andy Wismarsyah (President Director of PT Inaro Tujuh Belas), Mr. Handy Heryudhitiawan (General Manager of I Gusti Ngurah Rai International Airport) and I Kadek Mudarta. [L-R]

With the potential and necessity for air transport in Indonesia as an archipelago, Bali International Airshow is expected to utilise this opportunity to continuously grow until the foreseeable future. This will render Bali International Airshow the ability to develop into a must-attend event in the global airshow calendar.

The partnership between both parties was signed off between Mr. Handy Heryudhitiawan, the General Manager of I Gusti Ngurah Rai International Airport and Mr. Andy Wismarsyah, the President Director of PT Inaro Tujuh Belas on 28 November at the General Aviation Terminal (GAT) South Apron of I Gusti Ngurah Rai International Airport. The MOU signing ceremony was witnessed by Mr Jodi Mahardi, the Deputy of Maritime and Energy Sovereignty Coordination, Coordinating Ministry of Maritime Affairs and Investment of the Republic of Indonesia. Also in attendance were Mr Renaud Hamaide (Chairman and CEO of Comexposium), Ms Elaine Chia (CEO Asia Pacific Comexposium), Danny Budiharto (Chairman of Amara Group) and Seno Damono (COO of PT Inaro Tujuh Belas).

“As we edge closer to the 2024 Bali International Airshow to be held in September 2024, this important milestone highlights a big step in the preparations for the event. This MOU also highlights great support for the airshow by various government bodies, including PT Angkasa Pura I,” said Mr. Wismarsyah.

The Bali International Airshow 2024 is a collaborative endeavour involving the whole of Indonesia government, comprised of Indonesian Ministries and government agencies which include the Coordinating Ministry for Maritime and Investment Affairs, the Ministry of Defence, Ministry of Tourism and Creative Economy, Ministry of Transportation, Ministry of State-Owned Enterprise, Indonesian Air Forces, and PT Angkasa Pura I.

“The MOU between PT Angkasa Pura I and PT Inaro Tujuh Belas becomes a momentum to ensure the readiness of the preparations for Bali International Airshow next year. We, as the airport manager, will ensure this event can happen smoothly alongside ongoing flight operations. This will also be a great opportunity to introduce Indonesia at the global stage to participants who will be attending the airshow as delegates and visitors, and we are proud to be a part of it,” added Mr. Heryudhitiawan.

The Bali International Airshow is Southeast Asia’s premier exposition for aerospace, aero technology, and defence, dedicated to propelling Indonesia to the forefront of the regional aerospace industry. This prestigious event will serve as a pivotal platform that unites diverse industry stakeholders to champion innovation in aerospace across Southeast Asia and Indonesia.

Hosted by the Coordinating Ministry for Maritime and Investment Affairs, the Ministry of Defense and the Ministry of Transportation, and supported by the Ministry of Foreign Affairs, the Ministry of Tourism and Creative Economy, the Indonesian Air Forces (TNI AU), PT Angkasa Pura I, AirNav Indonesia and the Ngurah Rai International Airport Authorities, the Bali International Airshow signifies Indonesia’s unwavering commitment to excellence in the aerospace sector.

The event will encompass a total area of 85,000 sqm, consisting of a static aircraft display area covering more than 70,000 sqm and an exhibition hall spanning approximately 14,000 sqm.

The event will also bring together more than 300 participating companies and more than 100 hosted delegations from over 35 countries and regions, and will also have 10 country pavilions on display.

MEDIA CONTACTS:
Jose Raymond
M: +6591478040
E: jose.raymond@swstrategies.org

About Bali International Airshow

The Bali International Airshow 2024 aims to be Southeast Asia’s most eminent international exposition for aerospace, aero technology, and defense. With a dedicated focus on propelling Indonesia to the forefront of the regional aerospace industry, this prestigious event serves as a pivotal platform that unites diverse stakeholders within the industry, championing aerospace innovation in Southeast Asia and Indonesia.

Hosted by The Coordinating Ministry for Maritime and Investment Affairs, the Ministry of Defense and the Ministry of Transportation and supported by the Ministry of Foreign Affairs, Ministry of Tourism and Creative Economy, Indonesian Air Force (TNI AU), and Ngurah Rai International Airport Authorities, the Bali International Airshow 2024 is a collaborative effort that signifies Indonesia’s commitment to excellence in the aerospace sector. The Bali International Airshow 2024 is scheduled to take place from September 18 to 21, 2024. For more information, visit www.BaliAirshow.com

Huatai Securities Becomes First Securities Company in Mainland China to Achieve AA MSCI ESG Rating, Ascending to Global Leadership

HONG KONG, Dec 1, 2023 – (ACN Newswire) – Leading international index provider, MSCI, recently unveiled the updated ESG ratings for Huatai Securities Co., Ltd. (the “Company”; stock codes: 601688.SH, 6886.HK, HTSC.L). Owing to exemplary ESG practices, Huatai Securities’ MSCI ESG rating for 2023 has been promoted from A to AA level, making it the first securities company in Mainland China to reach this rank, placing it at the forefront of global leadership.

The rating report highlights Huatai Securities’ advanced standing among peers in areas such as corporate governance, responsible investment, and privacy and data security. The Company’s robust modern governance and commitment to customer privacy protection are particularly emphasized. To date, only one securities company globally has secured an MSCI ESG AAA rating and six have achieved an AA rating, with Huatai Securities standing alone as the sole AA-rated securities company in Mainland China.

Championing the principles of environmental, social and governance (ESG), Huatai Securities gives high priority to ESG and social responsibility practices. The Company is dedicated to harmoniously integrating ESG into its operational management, thereby enhancing the implementation of innovative development concepts.

In terms of governance, the Company focuses on strengthening the Board of Directors and the ESG Committee, ensuring their effectiveness in decision-making and supervision regarding ESG matters. In terms of business, the Company actively advances green finance by supporting the listing of new energy and environmental enterprises and introducing innovative green investment and financing tools. These efforts aim to drive green technological innovation and facilitate the transition towards sustainable economic development. Furthermore, through initiatives like the “Yixin Huatai” One Yangtze River, One Tomorrow public welfare projects, the Company continues to invest in areas such as biodiversity protection and rural education. Huatai Securities has also established the Huatai Foundation to execute public welfare activities in a professional and transparent manner, with the goal of promoting social justice and making meaningful contributions.

The MSCI ESG rating of AA recognizes the Company’s robust ESG governance structure and green financial service capabilities. Moving forward, the Company remains committed to upholding the principles of ESG and social responsibility. It will actively promote the deep integration of its development with the real economy, green finance, rural revitalization and social welfare. Huatai Securities aims to make pioneering contributions that empower the high-quality development of the real economy.

FMC: Film Music Contest & Awards 2023 VIP Artist Travel Stay in Budapest

BUDAPEST, HUNGARY, Dec 1, 2023 – (ACN Newswire) – The main organisers of the international competition and festival known as FMC – Film Music Contest and Awards – held an exclusive four-day FMC VIP Artist Travel Stay in Budapest, Hungary.

This event drew together artists from the film, music and fashion industries, media partners and representatives of tech companies producing specialist hardware and software products.

The participants were in for a busy and varied programme over the weekend with VIP guided tours around the city.

FMC 2023 award ceremony on the hotel rooftop with a panoramic view of the whole of Budapest in the presence of cameras

The FMC 2023 winners were: Shirley Choi – Symphonic Orchestral Music category winner (Hong Kong), Roman Miroshnichenko – Instrumental music winner (Russia), and Jack Kent – Action Game Soundtrack winner (Italy).

The special Grand Prix for the three winners with the highest scores in the FMC competition was a VIP Artist four-day stay in Budapest, including a prize-giving ceremony, where they were presented with their awards by the competition organisers. The lucky three were: Enea Astori – Music For Film, TV, Ads category winner (Italy), Eimear O’Sullivan – Scoring Retro SCI-FI Animation category winner (Ireland), and Lucian Marza – Animation, Films, Videos category winner (Romania).

With the cameras rolling, invited guests awarded the winners their prizes at a ceremony on the rooftop of a hotel affording an exclusive panoramic view of the whole of Budapest.

FMC partners, organizers and winners at the FMC 2023 award ceremony on the hotel rooftop

The gathering that personally presented awards to the winners included FMC director Vlado -Zeleznak Jr and FMC producer Vlado Zeleznak Snr — in attendance on behalf of the competition organisers — Also present were Antoni Ozynski (Poland), co-founder of PSPAudioware; Paul Gilby (UK) from Sound On Soundmagazine. Jozef Zeleňák, director of Prodex; Ruby Fang (Hong Kong), a successful fashion designer, CEO and chief design director.

As this year’s FMC comes to a close, special thanks are extended to the event’s media partners Acn Newswire, Indie-eye network. The organisers also express their gratitude to all the sponsors – Moog Music, PSPAudioware, Meze Audio, Best Service, UJAM, MakeMusic, Soundiron, Prodex, and D16 Group Audio Software.

Next year

The organisers are already working on the next FMC 2024 edition and future exclusive VIP Artist Travel Stay events. If you want to be a part of this, follow FMC on social media, subscribe to the newsletter and follow the official website at www.fmcontect.com

Instagram: @fmcontest
Facebook: FilmMusicContest
YouTube: @fmcontest

Media Contact:
Mgr. Vlado Zeleznak Jr.
Director
FMC-Film Music Contest
PRESS FMCE: press@fmcontest.com

AsiaPresswire Bets on AI to Transform PR Distribution Workflows for Singapore’s Booming Crypto and DeFi Sector

SINGAPORE, Dec 1, 2023 – (ACN Newswire) – AsiaPresswire has introduced its revolutionary AI writing assistant GPT-PRHelper in Singapore, bringing advanced automation to press release writing and distribution for the city-state’s cryptocurrency and decentralized finance (DeFi) industry.

At an event announcing GPT-PRHelper’s Singapore launch, AsiaPresswire CTO Bruce Wong explained how the AI solution will significantly enhance productivity and earned media potential for the country’s cryptocurrency and blockchain companies.

“With rapid growth in crypto adoption and blockchain innovation, Singapore has become a hub for Web3 startups and established players,” said Wong. “GPT-PRHelper provides the speed, quality and multi-language capabilities these firms need to effectively communicate their messages globally.” According to Wong, GPT-PRHelper’s natural language generation technology allows users to instantly produce press release drafts in English, Chinese and other major languages by inputting just a headline and keywords. The AI then refines the text to high media standards.

“GPT-PRHelper automates the most labor-intensive part of public relations, freeing up time for strategic planning,” explained Wong. “Now crypto projects can easily generate polished press releases tailored for global distribution and stay focused on their core business.”

GPT-PRHelper’s automated multilingual output particularly suits the global nature of most crypto and DeFi companies. “Reaching international audiences is critical in this industry,” he noted. “Our AI assistant enables Singapore’s crypto firms and blockchain projects to syndicate news simultaneously in 21 languages, capturing worldwide attention.”

The natural language generation capability built into GPT-PRHelper has been trained extensively to produce human-like content in a news release format. “We optimized the model on millions of high-performing press releases to ensure professional quality,” said Wong. “The AI delivers stylistically and grammatically sound drafts that effectively communicate clients’ messages.”

GPT-PRHelper learns continuously to improve its skills. “The more our clients use the AI, the better it becomes at capturing their brand voice and style,” he said. “Users have full control to review and refine the output until it meets their standards.”

Early feedback from crypto and DeFi companies testing GPT-PRHelper has been overwhelmingly positive. “Clients are amazed by the time savings and the ability to scale their communications for global impact,” said Wong. “They can now allocate budgets towards PR strategy rather than content production.”

Wong believes that by streamlining press release writing for Singapore’s crypto industry, GPT-PRHelper will enable smaller firms to punch above their weight.

“This equalizes access to earned media, allowing startups and niche players to gain visibility alongside major industry names,” he said. “We’re excited to see how our AI assistant will shape Singapore’s Web3 public relations landscape.”

About AsiaPresswire

AsiaPresswire provides press release distribution solutions for PR firms, agencies, organizations and corporations. Their team of PR, SEO and linking experts help clients use online communications strategically to achieve business goals through planned PR programs. They advise clients on online communication issues affecting reputation and prospects. AsiaPresswire distributes news to media, clipping services, news aggregators and social networks worldwide. They utilize creative communication tools, talent, expertise and resources to deliver value. To learn more about GPT-PRHelper and how it will help Singapore’s Crypto and DeFi firms in PR distribution, visit https://www.asiapresswire.com

Media Contact
Alex Austin, head of suppor team
support@asiapresswire.com
https://www.asiapresswire.com

CX Today Announces the Acquisition of MyCustomer

MANCHESTER, UK, Dec 1, 2023 – (ACN Newswire) – CX Today, a leading platform in customer experience technology news and insights, and a division of B2B tech publishing group Today Digital, is pleased to announce the acquisition of MyCustomer, a prominent community and content platform focused on customer experience and customer relationship management, from Sift Publishing Group for an undisclosed amount.

About the Acquisition

This strategic acquisition brings together two industry leaders to create a comprehensive resource for professionals in the customer experience (CX) and customer relationship management (CRM) sectors. The deal includes the transfer of key assets such as MyCustomer’s online presence, CX Leader of the Year, and MyConnect community programme.

Rob Scott, Founder & Publisher of Today Digital says, “We are incredibly excited about this acquisition. MyCustomer has been a respected name in the industry for almost 15 years and bringing it under the CX Today umbrella will provide immense value to our community.'”

Strategic Synergy

The acquisition aligns perfectly with CX Today’s mission to provide cutting-edge content and community engagement for CX leaders. The addition of MyCustomer’s extensive resources and community will further underpin CX Today’s expansion plans in the year ahead.

Tom Dunkerley, Chief Executive, of Sift commented, “We are confident that MyCustomer will continue to flourish under Today Digital’s leadership. This deal represents a win-win situation for both parties and, most importantly, for the communities we serve.”

Next Steps

The transition will be seamless for existing users and subscribers of both platforms. Over the coming months, CX Today plans to integrate MyCustomer’s editorial team, content and community, providing an enriched experience for all users.

About CX Today

CX Today, a division of Today Digital, is a leading platform offering news, insights, and community engagement for customer experience professionals. With a focus on innovation and best practices, CX Today has become a go-to resource for industry leaders and practitioners.

About MyCustomer

MyCustomer, formerly a part of Sift Media’s Publishing Group, is a community and content platform that has served the customer experience and customer relationship management sectors for over a decade. It provides valuable resources, insights, and networking opportunities to its members.

For Media Inquiries:
Contact: David Dungay
Email: david.dungay@todaydigital.com

Contact Information
David Dungay
Editor in Chief
david.dungay@todaydigital.com

Cleverbridge Launches CleverInsights to Deliver Accurate, AI-Powered Analytics for Subscription Businesses

Cologne, Germany, Dec 1, 2023 – (ACN Newswire) – Cleverbridge, a growth engine for global technology companies, today announced the launch of CleverInsights, an advanced analytics suite that leverages AI and 18+ years of eCommerce data to provide unparalleled visibility into recurring revenue, retention, and other essential subscription metrics.

Pre-built dashboards for benchmarking, forecasting, anomaly detection, and customer health scoring empower organizations to derive deep insights and optimize performance in near real-time amid an uncertain and ever-changing business environment. These features streamline the reporting process and eliminate the burden of manual and time-consuming analysis, allowing employees to focus on more complex or strategic tasks when most companies are struggling to do more with less.

“As a CEO, I know firsthand how important it is to have accurate reporting. I also know that analysis is resource-intensive, and that too often resulting information is inaccurate, stale, or communicated without the context of broader industry or macroeconomic trends,” said Wendi Sturgis, Chief Executive Officer of Cleverbridge. “With CleverInsights, any organization can reliably monitor and optimize recurring revenue with insights that are truly actionable. This grants a distinct competitive advantage, empowers data-driven decision making, and further enables technology companies to grow without adding headcount.”

CleverInsights addresses a critical business need with benchmarking and forecasting, two capabilities that help companies interpret and predict key figures tied to recurring revenue with industry-leading levels of accuracy. Organizations can leverage these insights as needed to narrow their strategic focus while other areas of the product run continuously in the background. Anomaly detection, for instance, identifies unexpected changes in key metrics and alerts users to fluctuations along with the probable root causes for spikes or dips, allowing organizations to take immediate action and correct potential issues.

The product’s robust customer health scores are calculated with standard inputs along with transaction data such as payment date, payment method, and expansion percentage. These additional data points strengthen the accuracy of health scores and feed into renewal and expansion propensity models that facilitate the effective prioritization of accounts. CleverInsights then recommends the best course of action for each customer, giving organizations the option to trigger automated or semi-automated interventions by leveraging another new Cleverbridge product, CleverAutomations.

General availability of CleverInsights is expected early next year. For more information and to schedule a demo, please visit grow.cleverbridge.com/products/cleverinsights.

About Cleverbridge

Cleverbridge makes it easy to maximize customer lifetime value. We leverage deep eCommerce expertise to orchestrate and automate frictionless self-service transactions across the entire customer journey, empowering customers to purchase, renew, and expand subscriptions in 248 countries and territories globally. For more than 18 years, our Growth Engine has integrated payments with subscription management, lifecycle marketing automation, advanced analytics, and partner ecosystems to consistently deliver recurring revenue growth without added headcount. Learn more at grow.cleverbridge.com.

Contact Information
Gordon Knapp
Senior Director, Marketing
gordon.knapp@cleverbridge.com
+17573458523

DATE AI Show: Unveiling Saudi Arabia’s Global AI influence

RIYADH, Nov 30, 2023 – (ACN Newswire) – Saudi Arabia is solidifying its role as the vanguard of the MENA region’s digital economic transformation. Recent years have witnessed the Kingdom invest heavily in its technology sector, aligned with the objectives of its Vision 2030 agenda, with a special focus on emerging technologies, such as AI. According to a PwC report, Saudi Arabia’s AI landscape is forecasted to become a major contributor to the national GDP, with an expected growth rate reaching 12.4 per cent (amounting to US$ 135.2 billion) by 2030.

The DATE AI Show, co-located with the DATE FinTech Show, taking place at the JW Marriott Burj Rafal Tower, serves as a platform to shape the Kingdom’s digital transformation. The collective efforts of the participating innovators, regulators, investors, media and influencers are dedicated to paving the way for the kingdom’s tech-driven future, highlighting futuristic innovations, and nurturing an innovative ecosystem.

To further establish the AI space as a major pillar in the national economy, the Saudi Data and Artificial Intelligence Authority (SDAIA) is leading the charge with a portfolio of strategic initiatives such as Artificial Intelligence Hour, DEEM, Estishraf, Tawakklanan, Nafatha, SDAIA Academy and more. This effort underscores KSA’s strong commitment to AI and data-driven solutions across various sectors, including government services, healthcare, social responsibility, and more.

With the ever-evolving global digital landscape, this unique platform offers an opportunity for industry stakeholders to gain valuable insights about the latest trends and challenges while steering the sector towards unparalleled growth through engaging panel discussions, keynote presentations and more.

Sharing his enthusiasm Naveen Bharadwaj, Group CEO, Trescon Global said,” In today’s tech-driven landscape, AI integration is not just an option but a survival necessity. With the MENA region’s well-defined digital landscape sets the stage for Saudi Arabia’s digital leadership. At the DATE AI Show in Riyadh, we delve into the transformative power of AI, shaping Saudi Arabia’s digital destiny.

Notable Speakers present at the event:

Hesham Saad Al Ghamdi, Group Chief Data & Analytics Officer, Abdul Latif Jameel Co.
Yousef Khalili, Chief Commercial Officer, TONOMUS
Sivakumar Seshadri, Head of Digital, General Organization for Social Insurance (GOSI)
Dr. Ahmed Darwish Elsayed, Head of Digital Delivery, Bank Albilad
Dr. Ahmed Althuhaibi, Chief of IT, Saudi Pro League
Elvid Muslim, Director – Data & Analytics, ROSHN
Dr. Jalal Alowibdi, Associate Professor of Computer Science & Artificial Intelligence, University of Jeddah
Dr. Ray Richardson, Chief Data & Analytics Officer, Emirates NBD
Thamer Shaker, CEO of MYSAN Management Consulting

The DATE AI Show is supported by:

Business Broadcast Partner: CNBC Arabia
Official Arabic Media Partner: ShayTech, Akhtar, powered by Al Arabiya
Official Media Partner: Albilad newspaper albiladdaily
Official Newspaper Partner: The Fintech Times
Gold Sponsor: Alnafitha IT
Silver Partners: Ksolves; Renderpub
Bronze Sponsor: Beinex; DRUID AI; FourNxt
Keynote Partner: GameIN
Exhibitors: The AI Studio, Aventior
Startup Exhibitors: Techmango, Red Buffer, Everest IMS, iLegal Solutions, AnalytixNow, Infohensive, CSP Solutions
Association Partner: hashtagweb3.org, MYSAN Management Consulting

Seize the opportunity to get involved with the DATE AI Show in Riyadh on 11th and 12thDecember 2023 at JW Marriott Burj Rafal Hotel in Riyadh. Join us to network, collaborate, and discover the cutting-edge innovations reshaping the global AI sector. To know more about the event, visit our website: Datewithtech.com/ksa/ai

About Trescon

Trescon is a pioneering force in the global business events and services sector, driving the adoption of emerging technologies while promoting sustainability and inclusive leadership. Its summits, expos, and conferences create real economic impact by connecting and empowering key stakeholders, including government organizations, regulators, enterprises, corporates, and more. With a team of over 250 employees across offices in 6 countries, Trescon has helped clients achieve exponential growth, accelerate market entry, and build valuable partnerships. For more information about Trescon, visit: www.tresconglobal.com.

For media inquiries and further information, please contact:
Shadi Dawi
Director, Public Relations & Partnership’s – MENA
shadi@tresconglobal.com
+971 55 498 4989