Elevating a ‘Simple’ Shopping Cart Security Lock with the Power of Artificial Intelligence

HAIFA, Israel, Jul 19, 2022 – (ACN Newswire) – In a new 'twist' on the traditional "Coin-Operated Trolley Lock", used by supermarkets around the globe, Tracxpoint has now developed the T-Loc(R), an Intelligent Locking Device for standard shopping trolleys, that is more secure and 100% connected to supermarket data systems.

Tracxpoint's T-Loc(R) and CHECXiN(R) Terminal with connected shopping trolleys.

Single Tracxpoint T-Loc(R) attache to a trolley.

"With the rollout of our Daivi(R) Smart Cart and CHECXiN(R) Cart Management products, we received many inquiries from budget-conscious grocers about the possibility of 'getting their feet wet' with a less robust solution. Several retailers were already using coin-operated locks, so our Engineers decided to 're-imagine' this type of security device to connect with our AI-Driven ecosystem." said, Gidon Moshkovitz, Chief Strategy Officer of Tracxpoint. "T-Loc(R) may appear as a simple chain-locking mechanism, but the data and insight it provides to store operators is exceptionally valuable and unmatched."

The T-Loc(R) can be unlocked by scanning a QR Code printed on the main housing using the stores' Rewards/Loyalty mobile app, or by the traditional use of inserting a coin for guest shoppers. Once unlocked, the device begins sending data to store servers; such as the location of the trolley, and duration of a shoppers' visit, which combines to generate daily store Heat Maps, providing managers with great insight into customer movement and store layout analytics.

With the ability for T-Loc(R) to broadcast its coordinates, locating abandoned trolleys outside of the store or retrieving a 'remote count' of trolleys in-or-near a return kiosk is as easy as turning on the Television. Aside from the built-in WAY(R) Indoor Positioning System, T-Loc(R) also broadcasts a unique signal to area CHECXiN(R) terminals, to not only identify its proximity, but via daisy-chain connectivity, the proximity of other trolleys that may be too far away to directly connect with the CHECXiN(R) terminal; effectively reducing theft or loss.

Anti-theft and General Analytics are not the only features of the T-Loc(R). Like the Daivi(R) Smart Cart, shoppers using a stores' mobile app may earn rewards for safely returning and re-locking the trolley, while also receiving personalized and location-based coupons during their shopping journey. Coupons may be accessed within the store's mobile app itself and scanned at checkout. No personally identifiable data is ever collected or shared.

With less required infrastructure and easy installation, Tracxpoint's T-Loc(R) intelligent locking device provides grocery retailers with a solid foundation to begin generating customer data and insights to refine operation, while securing the fleet, at minimal cost.

Tracxpoint is set to deploy the AI-Driven T-Loc(R) units, in Q4, 2022.

Additional details may be found on the Tracxpoint website https://tracxpoint.com/products-and-systems/t-loc/

About Tracxpoint

Tracxpoint is a leading global provider of next-generation grocery and retail self-checkout solutions, and the inventor of the Daivi(R) Artificial Intelligent Shopping companion, which is the world's first, and only, AI-Computer Vision smart cart that can see and recognize products as well as the human eye. Established in 2016, Tracxpoint is headquartered in Coral Gables, Florida, USA with R&D/Sales Offices in Haifa, Israel. For more information about the company, leadership, and products, please visit https://tracxpoint.com.

CONTACT:
scott ilg
Marketing & Communications
+1 (786) 383-2553
scott.ilg@tracxpoint.com

SOURCE: Tracxpoint, LLC

Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

We need to talk about cybersecurity in hybrid IT

MANILA, Jul 15, 2022 – (ACN Newswire) – It is imperative to take the required measures and have the appropriate protections in any hybrid work environment due to the rise in the usage of personal devices for work, network access through insecure connections, and targeted phishing efforts. The danger of a breach will grow with the adoption of a hybrid working model, even with appropriate cybersecurity safeguards for remote workers in place.

Mr. Chito Jacinto, Vice President of ISOG and Board Member of ISACA Manila, gave some of his insights on growing cybersecurity in a hybrid environment. In our interview, he used the banking industry as an example of how organisational structures and accountability must adapt in order to scale up cybersecurity. As the most highly regulated business in the world, rising regulatory fragmentation can be seen not just from banking regulators but also from overall governmental authorities, making these institutions more exposed to cyber attacks. Mr. Jacinto advised that instead of a fragmented approach by concerned or operational units, a unified organisational or bank-wide strategy in response to cybersecurity-related requirements is required.

According to him, a hybrid workplace poses hazards since present IT infrastructures were not built to meet the demands of a hybrid workplace, let alone a totally remote operation. This creates a situation in which multiple users, including both hardware and software security technologies, are not under the authority of the organisation's network.

Mr. Chito Jacinto will facilitate an EDXchange session at the DX Leaders Strategy Forum Philippines on August 24-25, 2022. To join his roundtable, invitations are requested at Request Invitation – DX – Philippines 2022 (edxevents.com) (https://philippines2022.edxevents.com/request-invitation/).

Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

We need to talk about cybersecurity in hybrid IT

Adra and Cadency by Trintech are Certified by SAP for Integration with Cloud Solutions from SAP

DALLAS, TX, Jul 14, 2022 – (ACN Newswire) – Trintech Inc., a leading global provider of cloud-based financial close solutions for the Office of Finance, today announced that its Adra Connector for S/4HANA(R) Cloud, its mid-market suite, and Cadency Connector for S/4HANA Cloud, its large enterprise platform, are certified by SAP for integration with cloud solutions from SAP to deliver finance transformation and value to customers.

"Trintech continues to deliver new integration capabilities to provide customers with even more value in their financial transformation journeys," said Michael Ross, Chief Product Officer at Trintech. "These integrations bring enhanced control, automation, and data integrity to finance and accounting departments around the world, while also helping to ensure that data flowing to and from their SAP solutions is as seamless as possible."

Data integration is fundamental in enabling the Office of Finance to modernize its operations. Bi-directional in nature, Cadency and Adra reduce the cost, time, and risk of data integration by automatically retrieving the data required for reconciliation and close processes.

Solutions that are SAP-certified can be efficiently integrated into SAP solution environments and can reduce overall IT investment costs and risks. In addition, Trintech(R) Smart Automation (also SAP-certified) combines process automation with risk-based capabilities to enable finance teams to focus on high-risk transactions or processes, add value to the finance deliverables, and provide insight to help drive continuous improvement. Most recently, Trintech is extending its Smart Automation capabilities with the release of an automation dashboard that provides real-time visibility and statuses of Smart operational processes.

Trintech currently has hundreds of customers running SAP solutions alongside its solutions such as Siemens, HP, GSK, and Serco Group PLC. Cadency and Adra are ERP-agnostic, offering the ability to support all instances of ERPs and GL systems for complete visibility across all business units, geographies, and sources.

SAP Integration and Certification Center (SAP ICC) has certified that Trintech's Adra Connector for S/4HANA Cloud and Cadency Connector for S/4HANA Cloud solutions integrate with SAP S/4HANA Cloud using standard integration technologies, or that run as an add-on to a cloud solution from SAP.

About Trintech

Trintech Inc., a pioneer of financial corporate performance management software, combines technical and financial expertise to create innovative, cloud-based software solutions that deliver world-class financial operations and insights. From high volume transaction matching and streamlining daily operational reconciliations, to automating and managing balance sheet reconciliations, intercompany accounting, journal entries, disclosure reporting and bank fee analysis, to governance, risk and compliance – Trintech's portfolio of financial solutions, including Cadency(R) Platform, Adra(R) Suite, and targeted tools, ReconNET(TM), T-Recs(R), and UPCS(R), help manage all aspects of the financial close process. Over 3,500 clients worldwide – including the majority of the Fortune 100 – rely on the company's cloud-based software to continuously improve the efficiency, reliability, and strategic insights of their financial operations.

Headquartered in Dallas, Texas, Trintech has offices located across the United States, United Kingdom, Australia, Singapore, France, Germany, Ireland, the Netherlands, and the Nordic countries, as well as strategic partners in South Africa, Latin America, and the Asia Pacific. To learn more about Trintech, visit www.trintech.com or connect with us on LinkedIn, Facebook and Twitter.

SAP and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP SE in Germany and other countries. See http://www.sap.com/corporate-en/legal/copyright/index.epx for additional trademark information and notices. All other product and service names mentioned are the trademarks of their respective companies.

Media Contact:
Kelli Shoevlin
214-957-5009
kelli.shoevlin@trintech.com

SOURCE: Trintech, Inc.

Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Adra and Cadency by Trintech are Certified by SAP for Integration with Cloud Solutions from SAP

Unocoin Collaborates With CleverTap to Offer Its Users Omnichannel Customer Experiences

MOUNTAIN VIEW, Calif. and MUMBAI, India, Jul 14, 2022 – (ACN Newswire) – CleverTap, the modern, integrated retention cloud, today announced it has partnered with Unocoin, India's first crypto exchange, to optimize, accelerate their user engagement, and provide a seamless omnichannel customer experience.

Through this collaboration, and by integrating CleverTap's solution into its app, Unocoin is now equipped to better understand user behavior and has the ability to create segments based on user activity, demographics, and other parameters. Unocoin will also be able to create hyper-personalized campaigns to engage with its audience across multiple channels at the right time with precise communication.

"As a platform that helps individuals with investments into cryptocurrencies, we need to be cognizant of the exact needs of our users. Understanding a customer's behavior on our app becomes vital as this helps us provide a tailored experience. Since awareness and understanding of cryptocurrencies at large is at a nascent stage, delivering precise communication becomes all the more important," said Suhas SK, Senior Vice President – Marketing, Unocoin Technologies Private Limited.

CleverTap enables Unocoin to keep track of app activity, in-app purchases, and returning users. Unocoin will also be able to personalize customer experience using real-time behavioral data with precise predictive recommendations, leading to engagement opportunities based on each user's exact needs.

"We are delighted to partner with Unocoin in their journey to make investing in cryptocurrency easy for all. With CleverTap Retention Cloud, Unocoin will be able to hyper-personalize the experience for every investor.

Today, hyper-personalization is crucial at every point in a customer's journey and is a key enabler to growth. We are confident that with our help, Unocoin will be able to grow and offer its customers exactly what they need," said Vikrant Chowdhary, Chief Growth Officer, CleverTap.

About CleverTap

CleverTap is the modern, integrated retention cloud that empowers digital consumer brands to increase customer retention and lifetime value. CleverTap drives contextual individualization with the help of a unified and deep data layer, AI/ML-powered insights,and automation enabling brands to offer hyper-personalized and delightful experiences to their customers. 1,200+ customers in 60+ countries and 10,000+ apps, including Gojek, ShopX, Canon, Mercedes Benz, Electronic Arts, TED, Jio, Premier League, TD Bank, Carousell, Papa John's, and Tesco, trust CleverTap to achieve their retention and engagement goals, growing their long-term revenue. Backed by leading venture capital firms, including Sequoia, Tiger Global Management, and Accel, the company is headquartered in Mountain View, California, with offices in Mumbai, Singapore, Sofia, Sao Paulo, Bogota, Amsterdam, Jakarta, and Dubai. For more information, visit clevertap.com or follow on LinkedIn and Twitter.

About Unocoin

Started in 2013, Unocoin is a Bangalore-based technology startup and is India''s first entrant into the bitcoin industry. The company operates India's largest (in Indian customer base) BTC-INR trading platform which enables Indians to buy, sell, store, use, and accept bitcoin. At its peak, Unocoin processed transactions worth more than INR 2B per month for its 1,300,000+ customers. The startup has been featured among the Top 20 companies in The Fintech20: India List, and have won prestigious titles like 'The Golden SABRE award' in financial communications for the project, 'Bit-by-Bit: Building Bitcoin in India' and 'TECH30' award from YourStory.For more information, visit https://www.unocoin.com/in

Media Contact:
Sony Shetty
CleverTap
sony@clevertap.com

Vishaal Mudholkar
Consultant
Archetype
vishaal.mudholkar@archetype.co
+9724309069

Forward-Looking Statements

Some of the statements in this press release may represent CleverTap's belief in connection with future events and may be forward-looking statements, or statements of future expectations based on currently available information. CleverTap cautions that such statements are naturally subject to risks and uncertainties that could amount in the actual result being absolutely different from the results anticipated by the statements mentioned in the press release. Factors such as the development of general economic conditions affecting our business, future market conditions, our ability to maintain cost advantages, uncertainty with respect to earnings, corporate actions, client concentration, reduced demand, liability or damages in our service contracts, unusual catastrophic loss events, war, political instability, changes in government policies or laws, legal restrictions impacting our business, impact of pandemic, epidemic, any natural calamity and other factors that are naturally beyond our control, changes in the capital markets and other circumstances may cause the actual events or results to be materially different, from those anticipated by such statements. CleverTap does not make any representation or warranty, express or implied, as to the accuracy, completeness or updated or revised status of such statements. Therefore, in no case whatsoever will CleverTap and its affiliate companies be liable to anyone for any decision made or action taken in conjunction with the information and/or statements in this press release or any related damages.

Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

AIBP: How Technology Contributes to Economical Gaps in Southeast Asia

Singapore, Jul 13, 2022 – (ACN Newswire) – Nearly half of ASEAN based respondents perceived legacy IT infrastructure and systems to be a challenge to digital transformation (DX) and innovation projects within their own company, according to a survey conducted by AIBP in 2021. The survey counted 206 professionals in the public services sector across the largest economies in Southeast Asia: Indonesia, Malaysia, Thailand, Philippines & Vietnam. The same survey showed that 60.6% of respondents believe that business intelligence software is the DX solution that brings the largest benefits to their organisation.

Sustainability has also been a growing focus in ASEAN, illustrated by the sustainable mobility and energy targets of ASEAN. The Phnom Penh Declaration on Sustainable Urban Mobility is the first Declaration on sustainable transport issued by the ASEAN Transport Ministers focusing on urban and metropolitan regional mobility. The ASEAN Plan of Action for Energy Cooperation demonstrates the region's commitment to achieving the targets on renewable energy share 23% in total primary energy supply, as well as the 35% share in installed power capacity by 2025. The need for education is underlined as well from a 2021 AIBP survey, where the lack of talent and expertise was ranked as the most significant impediment to digital transformation in ASEAN. In advancing these public interests, tech-powered innovation has and will continue to be key.

Tech-powered innovation has continued to be key in advancing public interests such as mobility, sustainable energy and education.

Taiwanese Companies Contributing to ASEAN Societies

Mobility:
With transport mobility being integral to driving economic and social growth, importance is placed on developing innovations in this area and several companies have stepped up to take the lead. PLANET Technology Corporation has solved key issues pervading public transport networks with their Industrial LoRaWAN Wireless Gateway solution. It facilitates data transmission over long-range distances at low power consumption across urban and rural areas, and supports real-time data collection, enabling vehicle detection and location tracking. This contributed to smart parking solutions and allowed commuters to easily check bus timings, improving the overall public transport system.

Up-and-coming alternative mobility solutions are getting increased attention as well. Advancements made in vehicle electrification have contributed to the lowering cost of electric vehicles (EV). Coupled with an increasing focus on sustainability in ASEAN, EV adoption and the development of an EV ecosystem are growing. Zealio is one of the key players in the EV interior space. Guided by a user-centric approach, Zealio sought to develop EV components that are easy to install, have zero-interference with other vehicle electronics, are energy efficient and recyclable.

Sustainable Energy:
Environmental concerns are increasing in ASEAN. Stakeholders in the energy industry are seeking to pivot to a green energy approach and Advantech is at the forefront of this change. Advantech has observed that power plant and grid owners are most concerned about data accuracy, operational efficiency and asset management. To address these needs, the company has developed a smart energy management solution that includes pre-built related analytics. In helping Singapore's National Water Agency (PUB) with the monitoring and tracking of their Floating Solar PV System, Advantech partnered with Mirai Electronics to build an IoT framework that gathers critical equipment and environmental data that is sent to the cloud, various dashboard views including green parameters to facilitate data analytics and visualisation, and a system that enables proactive monitoring and response to tough environmental conditions.

Need for Skill Development through Tech-Enabled Education:
A 2021 survey conducted by AIBP showed that 39.4% of public services stakeholders believe people are the principal challenge to becoming data driven. As technology continues to play a key role in innovation efforts, workforce skill levels need to keep up and education is integral to nurturing that talent. Enterprises have recognised this need and are providing tech-enhanced solutions to complement traditional educational methods.

In pursuit of closing the gap, one successful project was delivered by CYP's Pro AV solutions. CYP integrated their AV solutions together with learning tools such as document cameras, interactive white boards and audio visual devices providing a solution for Vietnam National University, Hanoi (VNU)'s remote learning programmes. This has enabled the concept of smart classroom, which aims to deliver high-quality classes during distance learning and video conferencing, and let teachers engage both in-class and remote students.

Another technology provider, IPEVO, has also demonstrated strong commitment to provide real-time image capture document cameras to DIGI@Education, driving student engagement in a hybrid setting. On top of education, IPEVO is able to support corporate trainings, legal and healthcare sectors.

About AIBP

AIBP serves as an avenue for public and private organisations in Southeast Asia to access and exchange information about growth and innovation within the B2B space. With a current network of over 30,000 stakeholders in Southeast Asia, AIBP continues to develop ecosystems by engaging in activities which create value-adding information for our stakeholders seeking to make transformative impacts within their organisations. For additional information about AIBP, please visit https://iotbusiness-platform.com/.

About Taiwan Excellence Awards

Advantech, Cypress, IPEVO, PLANET, and Zealio were recently recognized by the Taiwan Excellence Awards. These awards have been established by the country's Ministry of Economic Affairs since 1993 to celebrate how technological innovation helps people live more rewarding lives. Each year, the Taiwan Excellence Awards select the most innovative products in Taiwan across four major categories: R&D, design, quality, and marketing. As well as recognizing domestic achievement, the awards serve as a benchmark for innovation and excellence in international markets. Please visit https://www.taiwanexcellence.org/en for more information.

Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

13th Edition of Digital Transformation SEA Summit – Physical Conference on 14 July 2022

Singapore, Jul 11, 2022 – (ACN Newswire) – After successful 13 editions of Digital Transformation Summit, Exito is all set to host another milestone event providing a platform to experience the latest insights in Decoding Barriers To Pave The Way For Singapore's Digital Future. With a vision to engage, empower and support an advanced economy that is proactive, customized, collaborative and secure,https://digitransformationsummit.com/asia/ is uniting both public and private sectors to form alliances and facilitate co-operation opportunities towards enhancing the digital transformation ecosystem. This summit serves as an ideal platform to connect, learn and network among like-minded peers.

The event will be elated with insightful sessions by the qualified speakers hosting a vast experience in the Digital Transformation domain. an exclusive one-day closed door conference hosting 150+ pre-qualified C Level IT Decision Makers and IT leaders from enterprises in Singapore.

Delegate Profiles Speakers like Steven SIM Kok Leong Chair, Executive Committee OT-ISAC Luis Carlos Cruz Huertas SVP Head Of Infrastructure And Automation, DBS Data Platform And Analytics , Miao Song Global CIO GLP, Haisheng Zhang Chief Technology Officer EZTracker , Zuellig Pharma Jacky Koh IT And Data Analytics Director KrisShop Pte. Ltd. Leonard Tan CEO Rolling Pastures Pte Ltd many others will be sharing their experiences and expertise at the Summit.

Event registration has commenced for Delegates (bit.ly/3RsS3SP) and Sponsors:
– The delegates will be exposed to In-depth, trend-forward sessions & workshops each tons of practical takeaways and ideas to keep you ahead in the digital economy.
– The sponsors will be able to create an overwhelming branding in the event along with meeting their prospects and displaying the products.
– Hundreds of seasoned marketers, strategists, designers, and more to mingle and connect with.Meet your customers, vendors, expert resources, friends and colleagues tomorrow.

To know more about the event https://digitransformationsummit.com/asia/

About Exito

We are a global B2B business events company focused on crafting bespoke solutions and contexts by designing platforms that create new business opportunities for our clients across concepts and industries. We cherish the trust over the last 12 years garnered from our partnering organizations globally, and with a growing team of young, vibrant, and creative individuals, Exito aims at success and perfection. For more information, visit www.exito-e.com.

Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Society Pass (SoPa) Marks First Foray into Thailand by Acquiring Bangkok-Headquartered Thoughtful Media Group, Southeast Asia’s Leading Digital Video Multi-Platform Network and Social Commerce Platform

SINGAPORE, Jul 11, 2022 – (ACN Newswire) – Society Pass Incorporated ("SoPa" or "Society Pass") (Nasdaq: SOPA), Southeast Asia's leading data-driven loyalty platform, today announces the acquisition of Thoughtful Media Group ("Thoughtful Media"), a social commerce-focused, premium digital video MPN headquartered in Thailand with an operating presence in the US, Vietnam, and Philippines. The acquisition of Thoughtful Media marks SoPa's first foray into Thailand and adds to SoPa's growing ecosystem of technology-enabled companies located in the SEA countries of Vietnam, Philippines, Singapore and Thailand.

Originally founded in 2010, Thoughtful Media today creates and distributes digital advertising campaigns across its MPN in both SEA and the US. With its intimate knowledge of local markets, digital marketing technology tools and social commerce business focus, advertisers leverage Thoughtful Media's wide influencer network throughout SEA to market and sell advertising inventory exclusively with specific placement and effect. As a result, Thoughtful Media's content creator partners earn a larger share of advertising revenues from international consumer brands. And according to Accenture, the social commerce market is poised to grow to US$1.2 trillion by 2025 at a CAGR of 26%.

Thoughtful Media recorded revenues of US$5.8 million in 2021. Since its founding, Thoughtful Media's data-rich MPN has uploaded over 675,000 videos with over 80 billion video views. The current network of 263 YouTube channels has onboarded over 85 million subscribers with an average monthly viewership of over 600 million views.

Thoughtful Media's social commerce platform amplifies the reach and engagement of SoPa's e-commerce ecosystem and retail partners. The growing ubiquity of social media influencers on shaping purchase decisions has driven increasingly greater numbers of brands to shift advertising budgets to this dynamic outlet. SoPa aims to increase customer engagement whilst also focusing on the quality of relationships through a campaign-based approach enabled by this synergistic acquisition.

Thoughtful Media's digital advertising tools and expertise bolsters Society Points, SoPa's paradigm shifting loyalty platform. Through data-driven marketing campaigns, advertisers of all types utilise Society Points' proprietary 1st party data to improve the targeting, efficacy, and efficiency of their digital marketing spend. SoPa's product offering uniquely positions Thoughtful Media as a leading SEA retail marketing and advertising hub for international and regional consumer brands.

Dennis Nguyen, Society Pass Founder, Chairman, and Chief Executive Officer comments, "We are thrilled to have Thoughtful Media join the ever-expanding SoPa ecosystem. Thoughtful Media's social commerce-focused business model perfectly complements our future growth strategy for Society Pass as we drive consumer eyeballs and generate revenues for riveting consumer brands throughout Southeast Asia. In addition, Society Pass is excited to complete our first Thailand acquisition and look forward to launching our SoPa loyalty platform to the 65 million consumers in Thailand".

Dan Thorman, Thoughtful Media Chief Executive Officer explains, "Thoughtful Media is led by an experienced management team in SEA and the US. We provide media owners with content creation and technology services that build and monetise their brands' audience on numerous social platforms. With years of on-the-ground experience and industry expertise in developing influencer talent, producing social media content, coordinating advertising campaigns, aggregating influencer data, and onboarding millions of viewers onto our data-rich MPN, we track hundreds of millions of authenticated global video views a month across key social media platforms. Partnering with Society Pass allows Thoughtful Media to unlock strategic opportunities with influencers and advertisers as well as design cross-marketing synergies for companies in the SoPa ecosystem. In doing so, we expect to drive tremendous revenue growth in 2022 and beyond".

About Society Pass

As a loyalty and data marketing ecosystem in Singapore, Vietnam, Philippines, and Thailand and with offices located in Singapore, Hanoi, Ho Chi Minh City, Manila, and Bangkok, SoPa is an acquisition-focused e-commerce holding company operating 7 interconnected verticals (loyalty, merchant software, lifestyle, F&B, telecoms, digital media, and travel) seamlessly connecting millions of consumers and thousands of merchants across multiple product and service categories in SEA.

Society Pass business model focuses on analysing user data through its Society Pass loyalty platform and circulation of its universal loyalty points or Society Points. Since its inception, SoPa has amassed over 1.6 million registered consumers and over 5,500 registered merchants/brands on its platform. It has invested 2+ years building proprietary IT architecture with cutting edge components to effectively scale and support its consumers, merchants, and acquisitions.

Society Pass provides merchants with #HOTTAB Biz and #HOTTAB POS – a Vietnam-based POS, CRM and analytics technology solutions provider for small and medium-sized enterprises. In addition, SoPa operates Leflair.com, Vietnam's leading lifestyle e-commerce platform, Pushkart.ph, a popular grocery delivery company in Philippines, Handycart.vn, a leading online restaurant delivery service based in Vietnam, and Gorilla Networks, a Singapore-based, web3-enabled mobile blockchain network operator. For more information, please check out: http://thesocietypass.com/.

Media Contacts:
PRecious Communications
sopa@preciouscomms.com

Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Global Portfolio and Work Management Leader Planview Expands with Asia Pacific Headquarters in Singapore; Two Asian Tech Veterans to Lead Regional Operations out of Singapore

SINGAPORE and AUSTIN, Texas, Jul 7, 2022 – (ACN Newswire) – Planview, a global leader in Portfolio Management and Work Management, today announced the establishment of its regional headquarters in Singapore. The expanded Asia Pacific operations will support the growing demand for software solutions to accelerate agility and business transformation.

The business disruptions accelerated by global events over the past year, together with major changes in work culture, processes, and business demands, have exposed the weaknesses of 'digital transformation' initiatives around the world, including in Asia.

Despite investments in new technology and methodologies, disconnects in the operating environment have shown that many of these transformation initiatives have fallen short, Razat Gaurav, Chief Executive Officer at Planview, said at the launch of its regional headquarters.

"After a surge in digital transformation investments for over a decade, most transformation initiatives have failed to yield the rapid insights, innovation, and deep connectivity needed to respond to the multiple challenges faced in recent times.

Business initiatives have become more complex across multiple locations, with shorter business cycles and much less predictability. It's critical that employees across the business can see how their work connects to the organisation's strategic outcomes and are enabled to make fast decisions on the front lines while staying on point strategically. To do so, the C-suite needs software that can facilitate agility, empower, measure individual and team outcomes, and offer visibility, all while achieving a holistic vision," Gaurav said.

Named a leader in both the 2022 Gartner Magic Quadrant for Enterprise Agile Planning Tools[1] and the 2022 Gartner Magic Quadrant for Strategic Portfolio Management[2], Planview addresses these gaps through solutions that enable strategic alignment to support organizations on their transformation journeys.

Planview was acquired for US$1.6 billion in December 2020 by TPG Capital, the private equity platform of global alternative asset firm TPG, and TA Associates, a leading global growth private equity firm. In the last six quarters, Planview has acquired four companies to enhance its leadership in how companies drive on-strategy delivery at speed and accelerate the achievement of what matters most.

The launch of the APAC office is taking place just days after Planview completed its acquisition of Tasktop, a pioneer and leader in Value Stream Management (VSM). Based in Vancouver, Canada, Tasktop was founded by Dr. Mik Kersten, author of best-selling Project To Product: How to Survive and Thrive in the Age of Digital Disruption with the Flow Framework. Kersten is now Planview's Chief Technology Officer.

After completing the Tasktop acquisition, Planview now has 1,300 employees, more than 4,500 customers, and over 2.6 million users worldwide.

Planview's operations in the region will be led by Managing Director and President for APAC, Vishal Dhawan, and Head of Strategy, Marketing and Alliances for APAC, Harsh Vardhan. The former is an Indian national and a Singapore permanent resident and the latter is a naturalised Singaporean.

"Our expanded footprint in APAC will allow us to support global clients at a time of increasing business activity in the world's fastest-growing economic region. We already have major customers in Australia and Southeast Asia, and will increase our presence through partnerships with consulting and transformation firms, as well as global systems integrators," said Dhawan. "We also intend to collaborate with Asian institutes of higher learning to help build future leaders equipped to handle agile planning."

[1] Gartner, Magic Quadrant for Enterprise Agile Planning Tools by Bill Blosen, Mike West, Keith Mann, Deacon D.K. Wan, Akis Sklavounakis, Hassan Ennaciri, and Sarah Davies, April 25, 2022.
[2] Gartner, Magic Quadrant for Strategic Portfolio Management by Anthony Henderson and Daniel Stang, April 18, 2022.

About Planview

Planview has one mission: to build the future of connected work. Our solutions enable organizations to connect the business from ideas to impact, empowering companies to accelerate the achievement of what matters most. Planview's full spectrum of Portfolio Management and Work Management solutions creates an organizational focus on the strategic outcomes that matter and empowers teams to deliver their best work, no matter how they work. The comprehensive Planview platform and enterprise success model enables customers to deliver innovative, competitive products, services, and customer experiences. Headquartered in Austin, Texas, with locations around the world, Planview has more than 1,300 employees supporting 4,500 customers and 2.6 million users worldwide. For more information, visit www.planview.com.

Media inquiries
pr@planview.com

Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com