MONTREAL, QUEBEC, Jan 15, 2024 – (ACN Newswire) – Silent Partner Software, a leader in providing software solutions for nonprofits, today announced the launch of a new brand identity, vision, and name: Societ.
This significant move comes with a striking new vision to become the leading end-to-end nonprofit solutions provider, spanning technology, service, and consulting.
In a first step towards fulfilling this vision, Societ has joined forces with Frontier Marketing, a prominent fundraising agency that has helped charities raise tens of millions in annual fundraising revenue over the last decade.
The name “Societ” (So-ciet) comes from the Latin words for “partner” and “connection”, aligning the company with the fundamental mission of all nonprofits that seek to help their communities and work towards a stronger society.
At Societ’s core is a commitment to do good by helping others do good. They aim to do this by empowering nonprofits with the technology-based solutions and service-oriented, on-the-ground expertise that executive directors, board members, and fundraising professionals rely on to work smarter and advance their mission.
Dave Brereton, CEO of Societ, expressed his excitement about this important step, saying, “We are thrilled to embark on this new journey as Societ. Our mission is to help nonprofits and charities develop their network, capacity, and resources to have a greater impact, leveraging technology at every step. By uniting Silent Partner Software and Frontier, we can now offer a complete suite of software, website, and marketing solutions to help nonprofits ‘Do More Good,’ a tagline that perfectly encapsulates our shared vision.”
About Silent Partner Software:
For more than 30 years, Silent Partner Software has built exceptional software solutions to support nonprofits and manage over three million donors and contacts across the U.S., Canada, and Europe.
Silent Partner Software’s suite of solutions includes: Sumac nonprofit CRM, along with software for donor management, case management, and membership management.
The company also recently launched Partner Web, a complete nonprofit website builder solution, and a free nonprofit board portal called My Board View.
About Frontier:
Frontier is a leading nonprofit marketing agency specializing in delivering results-oriented, full-service direct mail and digital fundraising campaigns.
The company’s commitment to a data-driven approach and to truly understanding the mission and goals of each organization they serve, has bolstered their success.
With deep expertise in the nonprofit space and insight gained from decades of testing and refining, Societ will provide industry-leading nonprofit software and marketing solutions to help nonprofits and charities of all sizes boost their efficiency, fundraising, and impact.
To learn more about Societ and its range of nonprofit solutions, please visit societ.com.
NEW DELHI, Jan 5, 2024 – (ACN Newswire) – After the resounding success of the Mumbai Chapter, StrategINK will host the Delhi Chapter of the 3rd Edition of DAICON, the leading DATA|AI|CLOUD conference, on 17th January 2024.
The conference will bring together 40+ subject matter experts as speakers and 200+ data, analytics & cloud – influencers and decision makers in attendance. It serves as a platform to explore the latest advancements, trends, and real-world applications in the fields of data analytics, artificial intelligence and cloud technologies.
The one-day conference will focus on how the trilogy of Data, AI and Cloud is enabling digital transformation within enterprises through three different tracks: TECHCON | MARCON | FINCON.
Eminent industry speakers will share insights and best practices on topics including:
How AI and data-driven insights are shaping business models.
Leveraging the sscloud for business agility and scale
Building an insights-driven organization
“We are excited to host a larger edition of DAICON in Delhi, aiming to foster a dynamic environment for India’s leading data, analytics, cloud, and digital experts to connect, gain insights, and exchange ideas on the cutting-edge technologies and strategies driving innovation,” stated Vinod Singh, Managing Director of StrategINK Solutions.
StrategINK is a leading provider of market intelligence, technology advisory and integrated marketing solutions in the B2B domain with a variety of services towards accelerating ‘Business Innovation & Go-to-Market’ pursuits. With our core offerings of ‘Research based Business Insights’, ‘Content driven Marketing Solutions’, ‘Digital Transformation Consulting & Advisory’, and ‘Learning, Enablement & Skill Augmentation Services’, we catalyse & accelerate business transformation, digital led innovation, sales acceleration, skill enhancement, and customer delight. With our rich, diverse & hybrid model of digital and physical tools, techniques and industry proven frameworks and best practices, we develop unique-custom solutions to address complex business challenges of our clients and create compelling value through sustainable innovation.
An ISO/IEC 27001:2013 Company
For additional information, please contact: Manish Sharma Chief Business Officer msharma@strategink.com
HONG KONG, Dec 19, 2023 – (ACN Newswire) – CITIC Telecom International CPC Limited (“CITIC Telecom CPC”), a wholly-owned subsidiary of CITIC Telecom International Holdings Limited (SEHK: 1883) is pleased to announce the winning of 3 distinguished awards in recent months. These awards affirm CITIC Telecom CPC’s determination and contribution to foster the development of AI (Artificial Intelligence) technology and intelligent innovation, push the boundaries of innovation and redefine the industry’s quality standards, as well as recognize the extraordinary achievements of the professional team for many years of dedication to transformative technology excellence.
With the motto “Innovation Never Stops”, CITIC Telecom CPC strives to use innovative technologies, including AI, big data and cutting-edge analytical technologies, to develop disruptive solutions that effectively support the operations and business decisions of enterprise customers. CITIC Telecom CPC is dedicated to fostering an innovation-driven culture and actively invests extensive resources in nurturing talent development and building a high-performance professional team. These awards are a testament to the expertise, pursuit of excellence, and continuous efforts of the CITIC Telecom CPC team in developing innovative solutions and services.
Mr. Brook Wong, Chief Executive Officer of CITIC Telecom CPC, said, “We are honored to receive these three industry awards, which serve as a motivation for us to continue to push innovation boundaries and explore new possibilities. The innovation and advancements in AI technology will further push forward its development towards commercialization and strengthen its in-depth integration of the real economy. Looking forward, CITIC Telecom CPC will continue to integrate innovative technologies such as AI big data models, intelligent voice, computer vision and natural language processing (NLP) under the robust backbone of the “Cloud, Network, Intelligence, Security” integrated platform. We will keep on developing advanced technologies through best practices and multiple scenarios to drive high-quality development of the digital economy and empower enterprises in upgrading, transforming and accelerating their international operations.”
The 3 awards are:
— “Best AI Application – Silver Award” in CAHK STAR Awards 2023 organized by The Communications Association of Hong Kong;
— AI-SDWAN is awarded Runner Up in “Infrastructure-as-a-Service Innovation of the Year” category of SDC Awards(1) 2023;
— Championship in the “Academic Document Chapter-based Structure Restoration Challenge – Final” in 2023 iFLYTEK AI Developer Competition
Intelligent Data Analysis Technology Leads to Repeated Winning in CAHK STAR Awards
CAHK STAR Awards bestow industry recognition on companies that have shown their excellence and innovation throughout the year in different streams. CITIC Telecom CPC has won again in “Best AI Application” category this year with the winning entry AI-Analytics intelligent data analysis solution. As a winner of this premier industry award for eight years in a row, CITIC Telecom CPC’s professional team has demonstrated the pursuit of excellence and commitment to continuous innovation.
The award-winning small model data analysis solution, AI-Analytics, realizes the “Big data, Small model, Multiple scenarios, Intelligent application” Model as a Service (MaaS) system. The solution integrates large dataset models and multi-patented self-developed intelligent algorithms through deep learning to build a full model of knowledge base for business applications. With the deployment of computing resources and cross-dimensional training cycles, large AI models can be turned into services, enabling enterprises to use an algorithm development platform right away without the need to spend resources and time training on their own model. The solution quickly provides enterprises with intelligent and visual key data analysis, empowering enterprises to monitor network architecture, operating status, and structure of business, and receive intelligent alerts and dynamic prediction of future business changes. As a result, business performance and accuracy are enhanced while reducing costs.
Winning of “Best AI Application” in CAHK STAR Awards 2023
AI-driven SD-WAN Unlocks Immense Business Values
SDC Awards aim to reward the innovation, excellence, and success of the IT industry in various key areas. All the winners were voted by the public. CITIC Telecom CPC “AI-SDWAN” won the Runner-Up in the “Infrastructure-as-a-Service Innovation of the Year” category in the 2023 SDC Awards. AI-SDWAN utilizes AI to offer unprecedented network performance and management models. In response to the needs of distributed enterprises, this solution allows the creation of hybrid networks that bind multiple access technologies into a single logical path. This enhances business stability and agility, maximizes the performance and accessibility of business applications, and reduces costs.
CITIC Telecom CPC offers a network management system that is driven by AI, big data analytics, and deep learning technologies to enhance network operations and reliability. The solution provides early warning and prediction by intelligent analysis of data status and customer operating models to avoid network interference or downtime, assist IT personnel in automatically adjusting resource allocation, and optimize the performance of the entire network. Another feature is future projection. Customers can set parameters for applications, links, traffic, and services according to expected business changes. The system then shows possible evolution models, effectively helping customers and IT personnel make better planning and decisions.
Winning of “Infrastructure-as-a-Service Innovation of the Year” category of SDC Awards 2023
Innovation & Data Science Team Clinches Champion in iFLYTEK AI Developer Competition
“The Academic Document Chapter-based Structure Restoration Challenge – Final” in 2023 iFLYTEK AI Developer Competition aims to leverage advanced AI algorithms and Large Language Model (LLM) to restore the chapter-based structure of multi-page academic documents and fill the gaps in previous research to foster the further development of the integration of AI and academic document processing technology. The Competition has been organized successfully for 5 years, attracting over 73,000 developer teams to participate. This year’s Competition raised a total of 108 questions and attracted 32,000 teams from well-known companies and universities, including Hikvision, Tsinghua University, University of Southern California, Peking University, etc.
Empowered by the “ICT-MiiND Big Data Platform”, the innovation and data science team of CITIC Telecom CPC used innovative, accurate computer vision technology and natural language processing technology, underwent intensive and repeated testing (around 3 times of tests as conducted by 1st Runner Up), the team once again shines and is crowned the championship in the final, demonstrating the team’s innovation and execution capabilities in integrating multiple AI technologies and technical applications. At the same time, the team leveraged intelligent thinking to formulate effective processing solutions at three levels: solutions, training techniques, and strategies. With the use of the structural restoration method, the team identified the categories and relevance of paragraphs in documents, ultimately solving the traditional problem of relying on keyword searches in document retrieval, lack of semantic context comprehension, and as a result enhancing retrieval accuracy and relevance.
Championship in the “Academic Document Chapter-based Structure Restoration Challenge – Final” in 2023 iFLYTEK AI Developer Competition
Mr. Ivan Lee, Vice President of Information Technology Services and Data Science of CITIC Telecom CPC, said, “We are pleased that our team’s innovative development and efforts have been recognized by the industry and brought home an array of awards again. By participating in different industries and innovation competitions, we have explored opportunities to interact and communicate with elites in industry, academia, and research arenas. Not only do we strengthen team cohesion, but also enables us to exchange knowledge with ecosystem partners, optimize our technologies, and accelerate innovation development.” He added, “The Challenge has provided us with a meta platform to showcase our technologies and innovation capabilities, allowing us to effectively apply technologies to the real-world challenges in both work and living environments leveraging the foundation of the ICT-MiiND® (ICT-Intelligence) strategy. We strive to invest in technology development to achieve breakthroughs in key technologies and contribute to the industry’s quality development. Advanced technologies are the key to enhancing the core competitiveness of an enterprise. We will persist in driving technology development through innovative practices to ensure that our team maintains a leading position in the technology arena.”
About CITIC Telecom CPC
We are CITIC Telecom International CPC Limited (“CITIC Telecom CPC”), a wholly-owned subsidiary of CITIC Telecom International Holdings Limited (SEHK: 1883), serving multinational enterprises the world over by addressing their specific ICT requirements with highly scalable tailored solutions built upon our flagship technology suites, comprising TrueCONNECT(TM) private network solutions, TrustCSI(TM) information security solutions, DataHOUSE(TM) cloud data center solutions, and SmartCLOUD(TM) cloud computing solutions.
With the motto “Innovation Never Stops,” we leverage innovative technologies, embracing AI, AR, Big Data, IoT, and other cutting-edge emerging technologies to transform technical potential into business value for our customers. As an enterprise digital transformation partner, we strive to help our customers achieve industry-leading positions, high agility, and cost-efficiency through digitalization.
With our Global-Local capabilities, we are committed to providing our customers with one-stop-shop ICT solutions with superior quality. Having a worldwide footprint across nearly 160 countries and regions, including Asia, Europe and America, Africa, the Middle East, and Central Asia, our global network resources connect over 165 points of presence (POPs), 60+ SDWAN gateways, 21 Cloud service centers, 30+ data centers, and three dedicated 24×7 Security Operations Centers (SOCs). We are certified with a series of international certifications, including SD-WAN Ready, ISO 9001, 14001, 20000, 27001, and 27017, to ensure our services comply with international standards and resources for enterprises. We offer local professional services, superior delivery capabilities as well as exceptional customer experience and best practices through our global presence and extensive industry know-how, becoming a leading integrated intelligent ICT service provider to enterprise customers.
Cologne, Germany, Dec 14, 2023 – (ACN Newswire) – Cleverbridge, a growth engine for global technology companies, today announced that Malte Gabriel has joined Cleverbridge as Chief Product Officer to strengthen and expand the company’s innovative product portfolio. Gabriel will report directly to Radu Immenroth, Chief Technology Officer, and will serve on Cleverbridge’s leadership team.
Cleverbridge Chief Product Officer Malte Gabriel
With extensive product and business leadership experience from Microblink, Apptio, 7Park Data, and McKinsey & Company, Gabriel will be a strong asset to Cleverbridge in executing its ambitious product vision and fueling the next phase of company growth. Gabriel will oversee Cleverbridge’s global product organization and will be responsible for a diverse product lineup that includes global payment processing and subscription management capabilities, as well as lifecycle marketing automation and advanced revenue insights with the company’s two newest AI-powered products, CleverAutomations and CleverInsights.
“We’re excited to welcome Malte to Cleverbridge as our Chief Product Officer,” said Immenroth. “Malte’s proven track record of building and scaling products that excite customers, accelerate business growth, and deliver impact make him the perfect fit to lead our product team and drive innovation in the rapidly evolving eCommerce and customer success landscape. We are very grateful to have his leadership and powerful blend of technical depth, strategic thinking, and business operational experience as we continue to provide exceptional value to our clients.”
Gabriel is a results-driven executive with over a decade of experience building data-intensive and machine learning-powered software solutions. Most recently, Gabriel served as VP of Product at Microblink, a computer vision startup, where he helped deliver record sales growth for the company’s foundational card scanning product while successfully launching a disruptive card verification product in parallel. Gabriel has a bachelor’s degree from The University of Amsterdam, a master’s degree from The London School of Economics, and will work from New York City where he’ll join Cleverbridge’s growing East Coast team.
“It’s a privilege to join Cleverbridge, especially at this moment in the company’s history,” said Gabriel. “Throughout my career, I have made an effort to lead with empathy and operate with a customer-centric mindset. Based on my initial conversations with clients, it is clear that Cleverbridge has a compelling, differentiated solution that empowers organizations with the latest best practices in growing customer lifetime value. We have a real opportunity to deliver revenue growth on autopilot, and I’m honored to be a part of the journey.”
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.
SINGAPORE, Dec 6, 2023 – (ACN Newswire) – Regional insurtech Igloo today announced that it has closed a US$36 million Pre-Series C funding round. Global investment firm Eurazeo, through its insurtech fund backed by the insurer BNP Paribas Cardif, led the investment. Openspace and La Maison, who previously participated in Igloo’s Series B and Series B+ fundraises, also joined in, reaffirming their confidence in the company’s strong business fundamentals. Eurazeo invested through its insurtech fund focused on innovative technologies and business ideas disrupting the insurance industry, whilst Openspace’s investment in this round comes via its mid-stage fund, OSV+, which is focused on the Series C and D rounds of transformative technology companies in Southeast Asia.
Matthieu Baret, Managing Partner – Venture at Eurazeo shared: “We are thrilled to invest in Igloo with the insurer BNP Paribas Cardif. With our investments in China, Indonesia, India, and Singapore, we’re extending our footprint with the ambition to become a leading player in Asia.”
“We have been following Igloo for some time now and have been impressed with their evolution into a diversified insurance platform across channels and products. The insurance market in Southeast Asia is still very underpenetrated and we believe Igloo is in a strong position to help solve this by making insurance more easily accessible and understandable for consumers,” shared Albert Shyy, Managing Director, Eurazeo.
This latest round comes just 10 months after Igloo’s previous Series B+ fundraise led by BlueOrchard-managed InsuResilience Investment Fund II. In total, the company has raised US$100 million. Notably, Igloo’s Pre-Series C round closed at an increased valuation of 50 percent from its Series B+ round in 2022, as the company moves closer to profitability in 2024. Igloo is on track to double its 2022 Gross Written Premiums (GWP) at a low burn rate; its robust engineering core and data focus, the company’s path to profitability in 2024 is set.
“We’re always thrilled when the opportunity arises to keep investing in a company at the mid-stage that we’ve previously backed – and Igloo’s recent growth and steps towards profitability have given us further confidence in the business’s ability to capture and expand the insurance market in Southeast Asia,” said Jessica Huang Pouleur, Partner, Openspace Ventures. “Our team has been actively involved in working with Igloo to this point, and those existing relationships will enable us to seamlessly continue adding operational and commercial value as the business integrates, acquires, and strengthens capabilities.”
Asia’s insurance market is brimming with untapped potential, especially in emerging economies like Indonesia, Vietnam, and the Philippines. Despite the rising adoption of insurance, many remain underinsured. This vast, underserved demographic has caught the attention of investors, with companies like Igloo standing out due to their innovative approach to the evolving landscape in these markets – addressing pain points across the insurance value chain for insurers, sales intermediaries, retailers and consumers.
Igloo’s recent scores include two innovative offerings. In 2022, it launched Ignite by Igloo, a digital platform that enhances the productivity of sales intermediaries in Vietnam and Indonesia. Ignite by Igloo works with 22,000 sales intermediaries and agent partners and aims to close 2023 with 50,000 agents as it expands into other markets. In line with Igloo’s purpose of improving financial inclusion for underserved segments, over 60 per cent of Ignite by Igloo’s intermediary partners are female.
Another innovation for Igloo is its Weather Index Insurance, a pioneering blockchain-based parametric insurance for farmers. The product has drawn interest from partners in Vietnam and across Southeast Asia for its potential to greatly benefit the agricultural sector. Despite its novelty in a highly traditional sector, Weather Index Insurance has already been adopted by thousands of farmers since launching last November and covers 20,000 hectares of coffee and padi farms.
Igloo has facilitated over 500 million policies and aims to double its Gross Written Premium (GWP) from 2022. As of today, it has also actively established over 75 partnerships across six countries, expanding its product offerings to cover consumer finance, e-commerce, and logistics. In August 2023, Igloo was named ‘Insurtech of the Year’ by the Asia Fintech Awards.
The new funding will go towards both horizontal and vertical M&A opportunities – having added intermediary licenses across SEA this year, in addition to its license in Indonesia. It will also increase its workforce by 20% across engineering, commercial, strategy and insurance-focused verticals. On the product and value chain enhancement aspect, it looks to double down on motor, health, climate-related products, underwriting and claims digitization and AI and blockchain technologies.
Raunak Mehta, Co-Founder and CEO at Igloo, shared, “The support from our investors is a testament to Igloo’s steady growth and resilience amidst macro headwinds and a validation of our strategy. We are the only insurtech in Southeast Asia with a robust profit and loss (P&L) statement, a diverse multi-product portfolio, and an extensive distribution line.”
About Eurazeo
Eurazeo is a leading global investment group, with a diversified portfolio of €35.2 billion in Assets Under Management, including €25 billion from third parties, invested in around 600 companies. With its considerable private equity, private debt, real estate asset and infrastructure expertise, Eurazeo accompanies companies of all sizes, supporting their development through the commitment of its 400+ professionals and by offering deep sector expertise, a gateway to global markets, and a responsible and stable foothold for transformational growth. Its solid institutional and family shareholder base, robust financial structure free of structural debt, and flexible investment horizon enable Eurazeo to support its companies over the long term. Eurazeo has offices in Paris, New York, London, Frankfurt, Berlin, Milan, Madrid, Luxembourg, Shanghai, Seoul, Singapore and Sao Paulo. Eurazeo is listed on Euronext Paris.
About Openspace
Openspace is a leading Southeast Asian venture capital firm, finding and backing companies creating a transformative impact where tech meets life. It has 6 funds with $800M in committed capital and has 39 dedicated employees, including full-time specialists within the Portfolio Success team. It is co-headquartered in Singapore and Jakarta, with active offices in Bangkok, Manila and Ho Chi Minh City. Its portfolio of 40+ companies includes GoTo, Pick Up Coffee, Halodoc, Kredivo Holdings. www.openspace.vc
About Igloo
Igloo is a regional full-stack insurtech firm headquartered in Singapore. It has offices in Singapore, Indonesia, Thailand, The Philippines, Vietnam and Malaysia and tech centres in China and India. With a mission of making insurance accessible for all, the firm leverages big data, real-time risk assessment, and end-to-end automated claims management to create B2B2C insurance solutions for platform companies and insurance companies. Igloo’s insurance solutions enable companies to eliminate their exposure to operational risk, create new revenue streams, and optimise and enhance existing products and services. It has partnered with over 75 well-known brand names across the markets in various verticals, including insurance, telecommunications, e-commerce, hospitality, health tech and financial services. Recognised by the industry for its innovations and expertise in its space, Igloo was named ‘Insurtech of the Year’ in the 2023 Asia Fintech Awards. For more information, please visit https://www.iglooinsure.com/.
NEW YORK, Dec 4, 2023 – (ACN Newswire) – Cloud security leader Wiz has acquired Raftt, a cloud-native platform for developer collaboration. Recently, Wiz expanded its Cloud Native Application Protection Platform (CNAPP) to empower developers. Today’s acquisition further enhances Wiz’s Secure Cloud Development capabilities, which enable developers to build securely across the software development lifecycle.
Wiz’s CNAPP – which is ranked #1 by customers and used by 40% of the Fortune 100 – already has a strong developer base: more than 50% of Wiz users sit outside the security function, reflecting the reality of how cloud security operations have become democratized. The addition of the Raftt team will allow Wiz to move even faster as the company continues to build and enhance its industry-leading platform, allowing security and development teams to proactively reduce their attack surface from build time to run time.
“The opportunity to be part of Wiz was one we couldn’t pass up,” said Roy Iarchy, Co-founder & CEO of Raftt. “At Raftt we lived and breathed the world of developers. We are extremely excited to put those superpowers to work and change the face of cloud security.”
“Exceptional talent is the engine that fuels Wiz,” said Assaf Rappaport, CEO & Cofounder, Wiz. “Wiz brings a unified view from runtime to development, clear risk analysis, and simplified operations that breaks down the operational silos between security and dev teams. The Raftt team will help us lean into our Secure Cloud Development strategy, introducing new capabilities for preventing costly production issues at the source.”
For more on the Raftt acquisition, visit the Wiz blog.
About Wiz
Wiz secures everything organizations build and run in the cloud. Founded in 2020, Wiz is the fastest-growing software company in the world, scaling from $1M to $100M ARR in 18 months. Wiz enables hundreds of organizations worldwide, including 40 percent of the Fortune 100, to rapidly identify and remove critical risks in cloud environments. Its customers include Salesforce, Slack, Mars, BMW, Avery Dennison, Priceline, Cushman & Wakefield, DocuSign, Plaid, and Agoda, among others. Wiz is backed by Sequoia, Index Ventures, Insight Partners, Salesforce, Blackstone, Advent, Greenoaks, Lightspeed and Aglaé. Visit https://www.wiz.io for more information.
Contact Information Tamar Harel Head of US Office, STLV tamar@shalomtelaviv.com (347) 629-0609
CAPE MAY COURT HOUSE, NJ and STOCKHOLM, SWEDEN, Nov 28, 2023 – (ACN Newswire) – eDrivingSM, a Solera company and leading global provider of digital driver risk management solutions, today announced the launch of its new EcoReport sustainability reporting solution to help fleets globally manage Scope 1, 2, and 3 greenhouse gas (GHG) emissions.
EcoReport is the latest development in eDriving’s partnership with driving data analytics leader, Greater Than, which has already seen the introduction of the EcoDrive feature in eDriving’s award-winning digital driver safety app, MentorSM. The EcoDrive enhancement to Mentor empowers drivers to reduce carbon emissions and EV battery consumption by an average of 20% while ensuring their safe return home each day.
Now, with the launch of EcoReport, companies can quantify their driving-related CO2 emissions while showcasing the results of their climate impact reduction efforts in a ready-made Environmental, Social & Governance (ESG) reporting solution. Key features include:
Measures CO2 driving emissions
Enables benchmarking, goal setting, and progress reporting
Facilitates seamless reporting for fleets across Scope 1, 2, and 3
“We’re set to see radical change in 2024 as mandatory ESG reporting regulations come into play for more companies, and the management of value chain emissions becomes a critical focus for some of the world’s largest organisations,” said Ed Dubens, CEO/Founder of eDriving. “Don’t panic! We take away the pain and administrative burden of reporting by converting your Mentor driving data into a comprehensive ESG report to meet the needs of all stakeholders while taking your organisation’s culture of safety and sustainability to another level.”
ESG reporting requirements will ramp up in 2024, as some of the main regulations take effect. This includes the EU’s Corporate Sustainability Reporting Directive (CSRD) that will apply for financial years starting on or after January 1, 2024. The European Sustainability Reporting Standards (ESRS) will also become effective on the same date. Regulations are also incoming in other parts of the world, with the United States having proposed the Enhancement & Standardization of Climate-Related Disclosures for Investors and Australia welcoming the Climate related financial disclosure (2022) from July 2024.
EcoReport simplifies ESG reporting for fleets of all sizes by leveraging data from the Mentor by eDriving smartphone solution and compiling it into a detailed report that incorporates all the driving-related data fleets need to share with customers, supply chain partners, and investors alike.
With Scope 3 (value chain) emissions playing such a leading role in sustainability goals for large organisations, EcoReport can be easily adopted or shared by partner companies to help all players in the value chain obtain emissions data that matters.
“We’re so proud of eDriving for elevating their role in safety and sustainability management to help fleets get to grips with ESG reporting requirements,” said Liselott Johansson, CEO, Greater Than. “Globally, more fleets will be seeking a solution that enables them to fulfil legislation, meet the pressures of stakeholders, demonstrate their sustainability commitments, and win potential new deals – eDriving has just launched that solution.”
Revolutionising driver risk management for over 25 years, eDriving is the trusted partner of choice for many of the world’s largest sales, service, and delivery fleets, supporting over 2,000,000 drivers in 125 countries with award-winning digital driver risk management solutions. Its smartphone-based Mentor programme identifies and remediates drivers’ risky habits behind the wheel with scoring, training, coaching, and gamification, achieving up to an 89% reduction in risky driver behaviour over 18 months.
The integration of Greater Than’s EcoDrive feature enables eDriving to extend Mentor’s value proposition beyond a comprehensive driver safety solution as a holistic driver safety AND sustainability solution. Now, with the addition of EcoReport, eDriving is demonstrating its expertise in ESG management, delivering a truly end-to-end solution that helps organisations to measure, report on, and reduce emissions.
Solera is the global leader in vehicle lifecycle management software-as-a-service, data, and services. Through four lines of business – vehicle claims, vehicle repairs, vehicle solutions and fleet solutions – Solera is home to many leading brands in the vehicle lifecycle ecosystem, including Identifix, Audatex, DealerSocket, Omnitracs, LoJack, Spireon, eDriving/Mentor, Explore, cap hpi, Autodata, and others. Solera empowers its customers to succeed in the digital age by providing them with a “one-stop shop” solution that streamlines operations, offers data-driven analytics, and enhances customer engagement, which Solera believes helps customers drive sales, promote customer retention, and improve profit margins. Solera serves over 300,000 global customers and partners in 100+ countries. For more information, visit www.solera.com.
About eDriving
eDriving, a Solera company, helps organisations around the world improve safety, reduce injuries, licence endorsements, carbon emissions, and total cost of fleet ownership through its patented digital driver risk management programmes. These include the Mentor by eDrivingSM smartphone app with FICO® Safe Driving Score; the patented, five-stage Crash-Free Culture® risk reduction programme; and the Virtual Risk Manager® platform, all designed to work together within a privacy-first, data-secure environment that supports drivers and their managers every step of the way. eDriving is the digital driver risk management partner of choice for many of the world’s largest organisations, supporting over 2,000,000 drivers in 125 countries. Over the past 25 years, eDriving’s research-validated programmes have been recognised with over 120 awards around the world. For more information, visit www.edriving.com.
About Greater Than
Greater Than is a driving data analytics company that specialises in understanding driver impact on the roads. Through the power of artificial intelligence (AI), Greater Than converts GPS data into driver scores that predict crash probability and climate impact. The scores can be further enhanced with additional intelligence including an analytics dashboard, prevention tool, and summary reports.
Insurance companies, underwriters, fleet solution providers, mobility providers and other owners of GPS data use Greater Than’s analysis to optimise driver risk management, achieve insurance profitability, manage sustainability & ESG reporting, and monetise GPS data. Greater Than (GREAT.ST) is listed on Nasdaq First North Growth Market. FNCA Sweden AB is the Company’s Certified Adviser. Learn more at www.greaterthan.eu.
HONG KONG, Nov 22, 2023 – (ACN Newswire) –CITIC Telecom International CPC Limited (CITIC Telecom CPC), a wholly-owned subsidiary of CITIC Telecom International Holdings Limited (SEHK: 1883), is proud to announce the launch of TrustCSI™ 3.0, a groundbreaking cybersecurity solution that uses AI to revolutionize Security Operations Center (SOC) and helps companies to operate securely in the intelligence era. Powered by its unparalleled experience in cybersecurity and forward-thinking SOC4Future strategy, which reshapes the core capabilities of SOC, TrustCSI™ 3.0 transforms cybersecurity from passive defense to proactive guardianship, enabling enterprises stay ahead of today’s evolving threat landscape.
(From left to right) Representatives from CITIC Telecom CPC, Mr. Chris Fung (Senior Vice President of Engineering & Services), Mr. Taylor Lam (Chief Strategy Officer), Mr. Jacky Kwok (Chief Commercial Officer) and Mr. Ivan Lee (Vice President of Information Technology Services & Data Science), officiate at the launch ceremony of TrustCSI™ 3.0
TrustCSI™ 3.0 combines CITIC Telecom CPC’s industry certified security expertise, with cutting-edge AI capabilities to deliver enterprise-grade protection across industries. With a strong emphasis on compliance and vendor neutrality, CITIC Telecom CPC’s project management ability is widely recognized. This innovative security service strengthens the trust between CITIC Telecom CPC and its customers, offering comprehensive and proactive digital protection in the market, and positions the company as a Trusted TechOps Security Enabler.
Mr. Taylor Lam, Chief Strategy Officer of CITIC Telecom CPC, said, “With TrustCSI™ 3.0, we empower enterprises to prepare themselves and proactively react to the evolving threat landscape and effectively protect their data while safeguarding their business throughout their digital transformation journey. Driven by our SOC4Future strategy and decades of security experience, we are redefining holistic enterprise protection and positioning ourselves as the Trusted TechOps Security Enabler for enterprises, providing them with the tools and expertise needed, like AI-Red/Blue Cybersecurity Practices, to safeguard their operations against emerging threats.”
Redefining Cybersecurity and Resilience with SOC4Future Strategy and AI Empowerment
TrustCSI™ 3.0 uses CITIC Telecom CPC’s decades of deep security knowledge and practical services experience to revolutionize SOCs. It follows CITIC Telecom CPC’s “ReDEFINED SOC4Future” strategy that encompasses four key elements:
Strengthening Proactive Security With AI-Red/Blue Cybersecurity Practices
TrustCSI™ 3.0 leverages the proactive security approach with AI-Red/Blue Cybersecurity Practices, enhancing the cybersecurity cycle from reactive defense to proactive guardianship. It offers an advanced automated penetration testing tool that uses machine learning to enhance the information-gathering phase and exploit vulnerabilities concurrently. It vastly improves enterprise-wide threat awareness and response effectiveness by replicating real-world cyberattack and defense scenarios.
The AI-Red/Blue Cybersecurity Practices cover the entire service stack, from staff training, offensive and defensive drills to network protection solutions, security strategy and service consultation. The Red Team conducts comprehensive AI-powered assessments and simulations, while the Blue Team offers all-encompassing defense services, ensuring a holistic approach to cybersecurity.
— (Case studies) A China-based global supplier of aluminum wheels and chassis and a conglomerate in China are already using this service to fortify their security and defense platform. It is helping them meet current industry standards and fully complying with “National Cybersecurity Exercises”.
AI-Powered Cybersecurity Framework
In the evolution of a cybersecurity service framework, intelligence and automation are no longer choices but crucial values for customers in an all-around way. CITIC Telecom CPC’s AI-driven solutions and automation accelerate threat identification, enrichment, hunting, containment, and remediation. Combining this “Tech” capability and proactive “Operational” approach reduces opportunities for threat actors to infiltrate while enabling enterprises to respond rapidly. The future-ready and intelligent framework has four service pillars:
1. Identify and Predict
A suite of comprehensive assessment and identification services covering systems, applications, network infrastructure, and critical assets services improve threat identification and prediction. Harnessing the power of algorithm and AI, together with other enhanced capabilities, the AI Penetration Test efficiently identifies and mitigates security risks at an early application development stage while assessing security resilience against various attack scenarios.
2. Protect
SASE for dynamic network security, UTM, NGFW, WAF, and IPS for network and application access control, and cloud email security offer comprehensive protection to enterprises. A dedicated team of security professionals manages everything from incident consultation, solutions design and implementation to configuration and ongoing device management. This comprehensive approach ensures the continuous improvement of the customers’ security infrastructure.
3. Detect
Round-the-clock managed security, reinforced by certified SOC and dual SIEM platforms, EDR solutions, and AI-enabled User and Entity Behavior Analysis, helps enterprises swiftly identify and respond to cybersecurity events.
4. Respond & Recover
Security Orchestration, Automation, and Response (SOAR), Security Incident Response (IR), and Threat Hunting services minimize resolution time and human error, with cloud-based Backup and Disaster Recovery services driving rapid recovery and robust business continuity.
Driving Cybersecurity Capabilities with Enhanced Dual SIEM Operations
Security matters to all data, not just some. So, CITIC Telecom CPC’s self-developed world-class SOCs utilize advanced technologies with Dual SIEM to revolutionize threat intelligence management by accelerating AI-driven detection and feedback to emerging threats. They provide enterprises with critical assessment for threat monitoring or immediate protection.
The Dual SIEM operations encompass a wide array of Cyber Threat Intelligence (CTI) capabilities. They aggregate and cross-correlate threat intelligence data to identify and illuminate potential threats, increase the speed of searches, boost security visibility, and improve cost management.
Future-proofing Cybersecurity and Compliance with SOC-as-a-Service at its Core
The latest SOC-as-a-Service (SOCaaS) model helps enterprises enjoy cost-effective, SOC-managed security capabilities from different SOCaaS service offerings. Using the latest security technologies, a team of dedicated experts will monitor, detect, and respond to threats 24/7, all without the expensive cost of building and staffing your own SOC.
CITIC Telecom CPC’s “SOCaaS” approach delivers unparalleled security analytics and monitoring capabilities via self-deployed and managed 24×7 SOCs in Hong Kong, Guangzhou, and Shanghai. These fully managed SOCs use a “global-local” approach with certified professional expertise for customized security solutions worldwide to safeguard their operations, providing customers with peace of mind.
Mr. Brook Wong, Chief Executive Officer of CITIC Telecom CPC, said, “CITIC Telecom CPC TrustCSI™ 3.0 embodies our motto of ‘Innovation Never Stops’. Through continuous innovation, cutting-edge technologies and a customer-centric approach, we strive to be the trusted partner that enables enterprises to navigate the dynamic digital landscape confidently. By embracing AI-led technology, we continue to enhance our Cloud-Network-Security Solutions, providing enhanced resilience and unwavering peace of mind enterprises across various industries. Looking ahead to 2024, we remain dedicated to empowering enterprises with intelligent and proactive cybersecurity solutions that redefine industry standards.”
To know more information about TrustCSI™ 3.0, please visit:
We are CITIC Telecom International CPC Limited (“CITIC Telecom CPC”), a wholly-owned subsidiary of CITIC Telecom International Holdings Limited (SEHK: 1883), serving multinational enterprises the world over by addressing their specific ICT requirements with highly scalable tailored solutions built upon our flagship technology suites, comprising TrueCONNECT™ private network solutions, TrustCSI™ information security solutions, DataHOUSE™ cloud data center solutions, and SmartCLOUD™ cloud computing solutions.
With the motto “Innovation Never Stops,” we leverage innovative technologies, embracing AI, AR, Big Data, IoT, and other cutting-edge emerging technologies to transform technical potential into business value for our customers. As an enterprise digital transformation partner, we strive to help our customers achieve industry-leading positions, high agility, and cost-efficiency through digitalization.
With our Global-Local capabilities, we are committed to providing our customers with one-stop-shop ICT solutions with superior quality. Having a worldwide footprint across nearly 160 countries and regions, including Asia, Europe and America, Africa, the Middle East, and Central Asia, our global network resources connect over 165 points of presence (POPs), 60+ SDWAN gateways, 21 Cloud service centers, 30+ data centers, and three dedicated 24×7 Security Operations Centers (SOCs). We are certified with a series of international certifications, including SD-WAN Ready, ISO 9001, 14001, 20000, 27001, and 27017, to ensure our services compliance with international standards and resources for enterprises. We offer local professional services, superior delivery capabilities as well as exceptional customer experience and best practices through our global presence and extensive industry know-how, becoming a leading integrated intelligent ICT service provider to enterprise customers.
HONG KONG, Nov 21, 2023 – (ACN Newswire) – Kingsoft Corporation Limited (“Kingsoft” or the “Company”, HKEx stock code: 03888), a leading Chinese software and internet service company, has announced its unaudited quarterly results for the three months ended 30 September 2023 (“period under review”).
For the third quarter of 2023, Kingsoft’s total revenue reached approximately RMB2,059.7 million, representing an increase of 12% from the same period last year. In particular, revenue from the office software and services business amounted to approximately RMB1,098.3 million, representing a year-on-year increase of 9% and accounting for 53% of the total revenue, while revenue from the online games and others business amounted to approximately RMB961.4 million, representing a year-on-year increase of 15% and accounting for 47% of the total revenue. Gross profit amounted to approximately RMB1,676.9 million, representing a year-on-year increase of 14%. Operating profit amounted to approximately RMB376.1 million, representing a year-on-year increase of 13%.
Mr. Jun LEI, Chairman of the Company, commented, “In the third quarter, our core businesses have made steady progress. Focusing on the priority strategies of ‘artificial intelligence (“AI”)’ and ‘collaboration’, Kingsoft Office Group continuously optimized the AI performance of products. Online games business continued to iterate and upgrade self-developed premium games.”
Mr. Tao ZOU, Chief Executive Officer of the Company, added, “In the third quarter, the Group maintained stable financial performance. The total revenue was RMB2,059.7 million, representing a year-on-year increase of 12%, mainly due to the steady growth of JX3 Online and the sustainable growth in subscription businesses of both individuals and institutions from Kingsoft Office Group.”
BUSINESS REVIEW
Office Software and Services
For the third quarter of 2023, Revenue from the office software and services business increased 9% year-on-year and decreased 2% quarter-on-quarter to RMB1,098.3 million. The year-on-year increase was mainly due to the growth of Kingsoft Office Group’s domestic individual office subscription business and institutional subscription business partially offset by the decrease in revenue from domestic institutional licensing business. The slight quarter-on-quarter decrease was mainly due to the declined institutional licensing business, partially offset by the sustainable growth of the institutional subscription business.
During the period under review, for individual office subscription business, Kingsoft Office Group optimized its membership system, improved user experience across its products, and achieved steady increases in both the paying ratio and the average revenue per paying user. To enhance the AI performance of products, Kingsoft Office Group invested in the independent development of small and medium-sized models. We have reached strategic cooperation with Alibaba Cloud and iFlytek to jointly build a digital and intelligent service ecosystem.
Regarding institutional subscription business, Kingsoft Office Group actively promoted cloud integration and collaborative office progress for government and enterprises and developed high-quality digital office solutions to assist them in the digital transformation. Through WPS 365, Kingsoft Office Group continued to facilitate customers’ adoption of cloud and collaborative applications and made significant progress in expanding the user base in micro, small, and medium-sized enterprises. In order to strengthen regional service construction, Kingsoft Office Group organized a series of digital office activities in many cities in China and continuously expanded penetration in multiple industries including energy, education, and finance.
Online Games and Others
Revenue from the online games and other businesses for the third quarter of 2023 increased 15% year-on-year and decreased 10% quarter-on-quarter to RMB961.4 million. The year-on-year increase was mainly due to revenue growth from JX3 Online and revenue contribution from Snowbreak: Containment Zone launched in July, partially offset by decreased revenue from existing games. The quarter-on-quarter decrease was primarily attributed to the decline in revenue from JX3 Online, which had a relatively high base in the second quarter.
During the period under review, JX3 Online updated constantly and sustained a good atmosphere in the player community. In August, JX3 Online celebrated its 14th anniversary with players. In October, it launched the beta test with ultimate graphic quality and a new expansion pack, ensuring the ongoing success of the IP. World of Sword Origin was transformed from PC game through optimizing and upgrading the graphics and gameplay details while retaining traditional 2D graphics and classic gameplay. This mobile game was released in China in September and received recognition from players. We also optimized the anime game Snowbreak: Containment Zone on an ongoing basis. Looking forward, the mobile version of JX3 Ultimate has received the license approval and is expected to be launched in the first half of next year to achieve cross-platform operation.
Mr. Jun LEI concluded, “In the third quarter, we committed to refining and optimizing our core products and services. Going forward, Kingsoft Office Group will continue to focus on AI and collaboration and restructure office software, to provide users with intelligent product experience. Meanwhile, the online games business will continue to develop premium games and maintain long-term operations to better serve players. We will remain our focus on investing in the R&D of our core businesses, to enhance our core competencies and achieve high-quality and sustainable growth.”
About Kingsoft Corporation Limited
Kingsoft is a leading software and Internet services company based in China listed on the stock exchange of Hong Kong. It has three major subsidiaries including Kingsoft Office, Seasun and Kingsoft Shiyou. Following the implementation of its “mobile internet transformation” strategy, Kingsoft has completed the comprehensive transformation of its overall business and management models and formed a strategic platform with office software and interactive entertainment as the pillars and cloud services and AI as the new directions. The Company has more than 7,000 staff around the world and enjoys a large market share in China. For more information, please visit http://www.kingsoft.com.
GBB proudly announces the success of the launch of Emerging Tech Summit – Saudi Arabia held on the 8th and 9th of November, 2023 at Voco Riyadh. The event, welcomed over 200, pre-qualified and by invitation only attendees bringing together decision makers, fostering a dynamic exchange of ideas and advancements in the information technology sector.
Key Highlights:
Dynamic Panel Discussions: The summit featured engaging panel discussions that brought into light time-tested ideas and beliefs and fostered new insightful knowledge. The knowledge sharing sessions helped the attendees gain valuable perspectives on topics such as walking towards a sustainable future with new age imperatives in the industry ecosystem, making a destination for not only travel and business but also for living in this land of opportunities and tomorrow, in the wake of emerging technologies how can we create cyber safe spaces and last but not the least the need of handling legacy technology in the ever-growing tech market.
Face to Face Meetings: Face to face meetings played the role of the oxygen of the event, with the prequalified solution seekers and solution providers catering to the individual business needs, the meetings resulted into fruitful associations between the two.
Innovative Exhibitor Presentations: The stage came alive with innovative products and fresh perspectives during exhibitor presentations. Industry leaders showcased cutting-edge technologies and solutions that are set to shape the future.
Networking Sessions: Ample networking opportunities allowed participants to establish vital connections, leading to meaningful collaborations and partnerships within the industry.
Upcoming events: We look forward to the continued support in our next summits – 2nd Emerging Tech Summit – Saudi Arabia & UAE, May, Dubai and 3rd Emerging Tech Summit – Saudi Arabia, Nov, Riyadh.
Looking Ahead:
As GBB Venture celebrates the success of the Emerging Tech Summit – Saudi Arabia we eagerly anticipate future endeavors aimed at bringing new ideas to the markets. Stay tuned for updates on upcoming events that will continue to push the boundaries of innovation.
About GBB Venture:
Introducing GBB – a vision turned into a reality. Our mission is to revolutionize the world of business by connecting professionals, bridging gaps and building relationships. We are the global leaders in inter-business and inter-market solutions, empowering businesses to thrive and succeed in any market environment.
We believe in the power of face-to-face interactions, as they lead to meaningful, deal-driven conversations. That’s why we take a personalized approach, curating our list of buyers and suppliers based on their preferences and objectives to ensure relevant meetings with specific market leaders.
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