J-LEC UNVEILS NHK TV PROGRAM "THE MASTERFULLY MARBLED WORLD OF JAPANESE WAGYU BEEF"

AsiaNet 99514

TOKYO, Jan. 31, 2023 /Kyodo JBN-AsiaNet/ --
 
The Japan Livestock Products Export Promotion Council (J-LEC) is honored to announce the production and broadcast of a program titled "The Masterfully Marbled World of Japanese Wagyu Beef" on NHK WORLD-JAPAN on February 1. The NHK program being released introduces the profound world of Wagyu beef and its global appeal from the stage at the "Wagyu Olympics," one of Japan's largest food-related exhibitions.
 
Logo:
https://kyodonewsprwire.jp/prwfile/release/M107543/202301272460/_prw_PI1fl_kWUjZn21.png
 
 
Photo:
https://kyodonewsprwire.jp/prwfile/release/M107543/202301272460/_prw_PI2fl_853Fpwq3.jpg
 
 
Wagyu is globally renowned for its melt-in-your-mouth fat, fine marbling, tender texture, unique aroma and delicate, mellow flavor unique among cattle breeds. Developed through selective breeding and original Japanese methods, Wagyu is regarded as some of the best beef in the world.
 
In 2022, Kagoshima Prefecture hosted the 12th National Competitive Exhibition of Wagyu, also known as the Wagyu Olympics, the largest Wagyu beef competition in Japan, and 438 cattle qualified from 41 prefectures in Japan gathered for the breeding cattle division. This competition is held once every five years in different locations in Japan to determine which Wagyu production farm is leading the continued pursuit of the world's highest-quality beef.
 
Tracing the history of the Wagyu Olympics over the past half-century reveals a transformation of working cattle in rural areas that were selected to be genetically improved into beef of the highest quality, subsequently becoming one of Japan's major exports. In 2021, Japanese beef export value exceeded 50 billion yen (approximately 500 million USD according to the exchange rate at the time). The Japanese government has set a goal of tripling that value by 2025. Wagyu is expected to set a new standard for increasing exports of other Japanese products related to agriculture, forestry and fisheries, as well as Japanese food and culinary exports. Also, regarding modern trends in global health consciousness, Wagyu beef's fat content has become valued as a positive indication of "quality over quantity."
 
In Japan, each head of Wagyu cattle is individually traceable under a certified system, and its meat quality grading and pedigree are strictly controlled by a certification organization. The information can be easily accessed by scanning QR codes on Wagyu beef that are provided by J-LEC.
 
Japanese Wagyu beef, with its distinctive marbling, has become the standard for top-quality beef among high-end consumers in Asia, and is increasingly in demand in Europe and the United States.
 
Broadcast details
- Date: February 1, 2023
- Time: 2:30 - 3:00, 7:30 - 8:00, 13:30 - 14:00, 19:30 - 20:00 (UTC)
- URL:
https://biz.jibtv.com/programs/the_masterfully_marbled_world_of_japanese_wagyu_beef/
 
 
About Japan Livestock Products Export Promotion Council (J-LEC)
J-LEC is a Japanese organization consisting of multiple local municipal representatives and sharing information with the world about Japanese livestock farming and the meat and egg production industries.
 
Website: http://jlec-pr.jp/en/
Instagram: https://www.instagram.com/beef_japan_official/
Facebook: https://www.facebook.com/Beef-Japan-101603855192050/
 
 
Source: Japan Livestock Products Export Promotion Council

OVER 320 MLN CREDIT CARDS ISSUED WORLDWIDE BY 2027 - JUNIPER RESEARCH

KUALA LUMPUR, Jan 31 (Bernama) -- The number of credit cards issued via digital card issuance platforms will exceed 321 million globally by 2027, from 120 million in 2023, according to a new study from Juniper Research.

According to Juniper Research in a statement, this growth of almost 170 per cent reflects the use of new advanced digital capabilities, such as digital loyalty schemes and instant issuance, as card issuers aim to combat competition, including buy now pay later.

Digital card issuance platforms allow card issuers to create cards using an Application Programming Interface (API)-driven approach, enabling cards to be delivered instantly to digital wallets, with the option for a physical card, boosting flexibility significantly.

The new report, Credit Cards Strategies: Innovation Analysis, Digital Transformation & Market Forecasts 2023-2027, found that credit card spending will account for over US$9.7 trillion globally by 2027. (US$1=RM4.245)

This represents a significant opportunity for card issuers to drive revenue growth by choosing the optimal credit card strategy.

Its research co-author, Nick Maynard said in emerging markets, the ability to instantly issue digital cards would be a key factor in users choosing credit cards over other payment methods.

“Card issuance platform vendors must ensure localisation to enable cards to be quickly pushed to the wallets popular in each market,” he said.

The research forecasted that by 2027, the monetary value of rewards for users from credit card use would reach US$103 billion globally, driving overall adoption.

It recommends that card issuers focus on app‑based loyalty to maximise the appeal of these rewards, partnering with well-connected digital loyalty programme providers to maximise their appeal and if issuers fail to do this, they will lose out to better-connected vendors in a highly competitive credit card market.

-- BERNAMA

PLANVIEW CONTINUES ACCELERATION WITH RECORD REVENUE IN FY'22

Strategic investments in product innovation and customer success drive company momentum


AUSTIN, Texas, Jan 31 (Bernama-BUSINESS WIRE) -- Planview, the leading platform for connected work from portfolio planning to delivery, today announced record annual recurring revenue (ARR) for fiscal year 2022, continuing a trend of strong performance. Planview exceeded $380 million in total ARR for 2022, representing 17% growth year-over-year (YoY).

“It was another record year for Planview, underpinned by our commitment to build the digital future of connected work through product innovation and customer success,” said Razat Gaurav, Chief Executive Officer, Planview. “The macroeconomic uncertainties and headwinds faced by organizations today make prioritizing product and project initiatives, and thoughtfully allocating constrained resources and capital, more important than ever. Our global customer base relies on our solutions to help them achieve productivity, efficiency, and positive business outcomes from transformation initiatives across the enterprise.”

Fiscal Year-End Highlights

Planview achieved record levels for the full fiscal year 2022:

• Total revenue surpassed $410 million for the full year
• ARR grew by over 17% YoY to over $380M
• Record 25% increase in monthly active users YoY for leading products
• Customer retention rates are up 6% YoY

Strong New Logo and Customer Momentum Driven by Product Innovation

Key customer wins and expansions have driven Planview’s profitable growth. In 2022, the company added 482 net new customers. New and notable customers who selected or expanded their footprint with Planview include: Builders FirstSource, Inc., Delta Dental of California, DS Smith, Fonterra, General Motors, Maximus, Inc., Olam International Limited, Publicis, RxBenefits, Schluter, Siemens, Sysco Corporation, T-Mobile, The Emmes Company, LLC, Tetra Pak, and UiPath.

This growth was accelerated by the success of Planview’s connected platform of solutions, which helps organizations improve time-to-value, do more with the teams and resources allocated, and de-risk strategic investment decisions. Planview’s innovation over the past year continued to drive desired business outcomes for customers. Enhancements include:

• Expanding Objective and Key Results (OKRs) capabilities, enabling access to an embedded goal framework across the enterprise
• Introducing Time-to-Market dependency and outlier analytics, ensuring organizations can focus their investments and resources where they are most needed
• Extending visual planning and prioritization support and card automation capabilities, centrally defining planning and delivery increments and streamline productivity across multiple teams
• Enhancing UX/UI functionality

Additionally, the strategic acquisitions of Tasktop and Enrich in the first half of 2022 fueled Planview’s data science, planning, connectivity, and transformation offering. The Value Stream Management solution added last year, via the Tasktop acquisition, empowers organizations to accelerate their time to market, improve operational efficiency, and drive investment confidence in the face of economic disruption and instability.

Leading industry analyst firms have named Planview a leader in several key reports last year, reinforcing Planview’s leadership in Strategic Portfolio Management (SPM), Enterprise Agile Planning (EAP), Project and Portfolio Management (PPM), and Value Stream Management (VSM). Reports include:

• The Forrester Wave™: Strategic Portfolio Management Tools by Margo Visitacion, Chris Gardner, Stephen Lowers, Sarah Morana, Sara Sjoblom, Danielle Jessee, Kara and Hartig, Q1 2022
• Gartner, Magic Quadrant for Strategic Portfolio Management by Anthony Henderson and Daniel Stang, April 18, 2022
• 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
• Gartner, Magic Quadrant for Adaptive Project Management and Reporting by Lorri Callahan, Sarah Davies, Daniel Stang, and Anthony Henderson, August 22, 2022
• The Forrester Wave™: Value Stream Management by Chris Condo, Q4 2022

Investing in Customer Success

To support continued customer success, training and learning were areas of strategic focus and investment. The company expanded a dedicated global learning team responsible for driving the Planview instructor-led training programs, developing new, engaging e-Learning offerings, and deploying a flagship learning management system, The University of Planview. The company also expanded its Evolve Advisory Services, supporting customers with the people and process change management that is required as part of business transformation.

To help deliver successful solutions to customers across the globe, faster, Planview also expanded its partner ecosystem, including new or expanded strategic relationships with the likes of Accenture, Atos, AWS, Deloitte, Infosys, and PwC, among others.

Planview Expands to Support Global Customer-base

Offering additional support for a more global customer base, Planview made strategic hires across its product development, customer success, sales, and marketing functions. Scaling up the company’s global operations, Planview opened a new regional office in Singapore and invested heavily in growing the company’s Global Capacity & Innovation Center in Bangalore, increasing its headcount in APAC by 65%.

To learn more about Planview, visit: www.planview.com.

About Planview

Planview has one mission: to build the future of connected work, from ideas to impact. Planview helps organizations accelerate the achievement of what matters most, supporting our customers from need to speed, from passion to progress, and from overhead to optimization. Our connected platform of solutions underpins the business and digital transformations of more than 4,500 customers globally, including 59 of the Fortune 100. Planview empowers enterprises to improve time-to-market and predictability, increase efficiency to unlock capacity, and ensure their most strategic initiatives deliver the desired business outcomes. Learn more about our portfolio at planview.com, and connect with us on LinkedIn and Twitter.

View source version on businesswire.com: 
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Contact

Media Relations for Planview
Natalie Reina
Director of Corp Comms
956-878-9176
natalie.reina@planview.com

Source : Planview

JETEX LONDON TAKES OFF FOR FULL COMMERCIAL OPERATIONS

KUALA LUMPUR, Jan 30 (Bernama) -- Jetex London which located at Hangar 510 at Biggin Hill Airport has commenced full commercial operations, welcoming international private jet flyers to the United Kingdom (U.K.) capital.

“We are pleased with our arrival in London. Jetex already has a strong presence in Europe with a flagship private jet terminal at Paris Le Bourget, and the new flagship Jetex London is a natural evolution of our operations.

“Private flyers will enjoy a seamless travel experience complemented by the greatest levels of luxury hospitality, while employing the latest technology will allow us to minimise carbon footprint,” said Jetex founder and chief executive officer, Adel Mardini in a statement.

London Biggin Hill is a private airport which caters exclusively for aircraft in business and private aviation in which 2022 was the strongest year ever for the airport, with more than 26,000 movements, an increase from 18,900 in 2021.

The airport typically connects flights to more than 750 destinations across over 70 countries.

Jetex London is conveniently located just nine miles from Canary Wharf and 15 miles from Central London, with helicopter transfers taking passengers to and from the heart of the British capital in just six minutes, and with limousine transfers taking less than 50 minutes.

The on-site U.K. Border Force and customs control will ensure that passengers and crew enjoy an efficient ground experience, while Jetex will also offer assistance with ground transport, hotel accommodation, catering and concierge services, among others.

With natural materials, soft lighting, and floor-to-ceiling windows, Jetex London is designed to feel like a warm, contemporary space.

The 1,900 square metre private terminal will include several supremely comfortable lounges of understated luxury designed with passenger privacy in mind, retail and entertainment areas, fully equipped boardrooms, shower suites and much more.

Jetex London marks the company’s first entry into the U.K. as it looks forward to growing its operations in the market.

-- BERNAMA

FION AVATAR HANDBAG: TURN MOVIE MAGIC INTO HIGH FASHION

^{FION Avatar handbag: Large Tote Bag, Medium Tote Bag, Crossbody & Shoulder Bag. (Photo: Business Wire)}


SINGAPORE, Jan 30 (Bernama-BUSINESS WIRE) -- In December 2022, FION launched the year's hottest IP "Avatar" series of products. According to James Cameron, director of Avatar: An Activist Survival Guide, animals and plants on Pandora are huge and glow in the dark because they have developed gigantism and luminescence due to air pollution. A gorgeous world of Avatar is woven with yarns of eight different colors. 3D aquatic plants on the front are created with time-honored Horsetail Embroidery skills. Horsetail Embroidery, a special craft that has been passed down for thousands of years by generations of Shui women in China. The process of making a horsetail embroidery work is very complex. It takes a skillful embroiderer with 20 years of experience over 10 hours to finish a piece as small as a child’s palm. FION Avatar series are all from FION Art Studio, and each FION Avatar handbag is created by skilled craftsmen with great patience and dexterity using at least 24 hours. Established by the first generation of shoemakers in Hong Kong 40 years ago, the FION Art Studio gathers outstanding craftsmen who love leather art and have 20 years of professional experience. FION has adhered to exquisite craftsmanship since its founding. Ingenious designers at the FION Art Studio–an independent leather factory owned by FION–deliver surprise after surprise to customers.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230117005536/en/

 

Whether it is the eco-friendly message sent by ‘Avatar’ or director James Cameron’s personal efforts on ecological sustainability, they are in line with our brand spirit of "Conservation, Nature, Fashion and Sustainable Development". As a well-known handbag brand in Asia, FION has been exploring sustainable fashion and collaborating with suppliers to use environmentally friendly raw materials. After three years of discussions and repeated trials on what materials and colors to apply and how to weave yarns, we introduced FION Eco-Friendly Jacquard Denim in 2020. The jacquard denim is made with blue, white, gray and light blue yarns, non-water washed and environmentally friendly. In December of the same year, FION launched the Oil Painting Series based on this fabric, which is widely loved by consumers. In 2021, FION introduced its representative series “Sustainable Project -JIN”, which not only demonstrates the brand’s superb craftsmanship, but also presents more possibilities for sustainable fashion. In 2022, FION Avatar series uses eco-friendly leathers and yarn as well as non-water washed denim and eco-friendly jacquard denim. FION Avatar Series as part of JIN Series combines nature, fashion and sustainable development.

FION founded in 1979, as a fashion and premium brand of women’s handbags in the Asia-Pacific region. Its product designs are inspired by fashion and art, adding diversity and creativity to consumers’ life. In the future, FION will continue to create every detail with ingenuity and inject art into product design. Efforts will be made to present aesthetic styles around the world with exquisite craftsmanship to increase the charm of the brand. FION, a fashion brand dedicated to bringing women happiness and a high-quality lifestyle, will launch more handbags worth expecting. Please stay tuned.

View source version on businesswire.com: 
https://www.businesswire.com/news/home/20230117005536/en/

Contact

FION
Fiona Long
fiona.l@fion.com.cn

Source : FION

PERMIRA TO BUY ACUITY KNOWLEDGE PARTNERS FROM EQUISTONE

KUALA LUMPUR, Jan 30 (Bernama) -- Acuity Knowledge Partners (Acuity) announced that funds advised by Permira, the global private equity firm, have acquired a majority stake in the business from Equistone Partners Europe (Equistone), one of Europe’s leading mid-market private equity investors.

According to Acuity in a statement, Equistone will reinvest as a minority shareholder in Acuity whilst Acuity’s management team will remain significantly invested in and committed to the business.

“We are now driving numerous strategies for developing our offerings, with the support from Permira and Equistone, who both have significant experience of investing in and growing first-class businesses in our sector.

“Given the significant demand within the financial services sector for value-added research and analytics, and the need for operational efficiency, with Permira’s deep experience in tech-enabled services and its global network, I am confident the business will continue to flourish,” said Acuity chief executive officer, Robert King.

Acuity has recorded strong organic growth since it was established as an independent business in 2019 via a management buyout from Moody’s Corporation supported by Equistone.

Under the Permira funds’ ownership, and with Equistone’s continued support, Acuity will invest further in its teams, services and technology, positioning the business to best support its clients worldwide.

The deal, which is subject to customary regulatory approvals, is expected to close in the second quarter of 2023.

Headquartered in London, Acuity, a provider of high-value research, analytics and business intelligence to the financial services sector, serves a global client base of over 500 financial services firms, including banks, asset managers, advisory firms, private equity houses and consultants.

Its diverse team of analysts, industry experts, developers and data scientists work as an extension of clients’ teams and combined with its proprietary technology solutions, allow clients to transform their practices and processes, increase revenues and maximise operational efficiency.

-- BERNAMA

JUNIPER RESEARCH: FUTURE DIGITAL AWARD WINNERS ANNOUNCED FOR TELCO INNOVATION 2023

BASINGSTOKE, England, Jan 25 (Bernama-BUSINESS WIRE) -- It is with great pleasure that Juniper Research announces the 2023 winners of the Future Digital Awards for Telco Innovation. These awards recognise the most innovative and disruptive telecommunications solutions operating across numerous areas, including: CPaaS (Communications Platform-as-a-Service), mobile security, 5G and roaming. The winners in each category, following our extensive application and judging process, are as follows:

Judges' Choice

· Excellence in Telco Innovation

· Skymax Networks

· Mover & Shaker in Telco Innovation

· Ehsan Ahmadi, CEO & Founder of VOX Solutions

Enterprise Telco Innovation

·  CPaaS Provider of the Year (Platinum & Gold)

• Vonage Communications APIs – Platinum Winner
• Webex Connect – Gold Winner

·  Best Carrier Billing Solution (Platinum & Gold)

• DV PASS by Digital Virgo – Platinum Winner
• Winnito and Eliza (Telecoming's Chatbots) – Gold Winner

·  Best RCS Initiative (Platinum & Gold)

• Infobip RCS Business Messaging – Platinum Winner
• Southwark Council in Partnership with Webex CPaaS Solutions – Gold Winner

·  Best Steering of Roaming Solution (Platinum & Gold)

• Mobileum's Steering of Roaming (SoR) – Platinum Winner
• TOMIA Global's IPN 5G Standalone Active Steering – Gold Winner

·  Best Mobile Video Solution (Platinum)

• Huawei and China Unicom - Mobile 3D Video Solution – Platinum Winner

·  Best CCaaS (Contact Centre-as-a-Service) Solution (Platinum & Gold)

• CCaaS (Contact Center-as-a-Service) Solution by Route Mobile – Platinum Winner
• Genesys’ CCaaS Solutions – Gold Winner 

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TDCX DECLARES LAUNCH OF DIGITAL CX CENTER OF EXCELLENCE IN SINGAPORE

KUALA LUMPUR, Jan 26 (Bernama) -- TDCX Inc (TDCX or the Company), an award-winning digital customer experience (CX) solutions provider for innovative technology and other blue-chip companies, has announced the launch of its first Digital CX Center of Excellence in Singapore.

The Center will focus on leveraging technology to develop CX solutions that enable hyper personalised, seamless and secure customer engagement in both physical and virtual environments, such as in the metaverse.

Through the Center, TDCX will pilot and validate new CX models and the supporting emerging technology architecture, to develop practical real-world applications and use cases.

In a statement, TDCX Founder and CEO, Laurent Junique said, “CX has become a strategic differentiator for businesses and a key enabler for the growth of the digital economy in today’s experience-driven marketplace. As digital and physical experiences continue to blur, we want to pioneer customer engagement strategies that continue to deliver a human touch during those critical moments that matter most.

“The launch of our Digital CX Center of Excellence is the convergence of our digital innovation and consulting capabilities as well as operational mastery through talent leadership in Singapore. Over time, we have grown our client relationships at a global level.”

The Center is located at TDCX’s headquarters in Singapore and is led by Angie Tay, Group Chief Operating Officer.

In addition to percolating new CX strategies and acting as a global command center, TDCX Singapore will also develop best practices in data science and analytics to help businesses enhance cost efficiency in areas such as quality assurance automation.

Tay, said: “Our clients are in a constant pursuit of optimisation to maximise their finite resources. Amid the recent tech shake up, we see more clients coming to us to understand how they can enhance their CX strategy and standardise their operations globally.”

TDCX’s Digital CX Center of Excellence is the company’s latest initiative to help businesses leverage innovative CX solutions to win new customers, build customer loyalty and achieve their CX outcomes. It adds to TDCX’s existing capabilities through its Digital Innovation Lab based in Kuala Lumpur, Malaysia which has been focused on developing new technology applications for the Group.

TDCX employs more than 17,000 employees across 27 campuses globally, specifically Singapore, Malaysia, Thailand, the Philippines, Mainland China, Hong Kong, South Korea, Japan, India, Romania, Spain, Colombia and Türkiye.

For more information, visit www.tdcx.com.

-- BERNAMA

CAPITAL SQUARE PARTNERS AND BASIL TECHNOLOGY PARTNERS ESTABLISH ONE OF THE LARGEST TECHNOLOGY SERVICES DEDICATED FUNDS IN ASIA

SINGAPORE, Jan 20 (Bernama-GLOBE NEWSWIRE) -- Capital Square Partners (“CSP”) and Basil Technology Partners (“BTP”) (collectively the “GP” or the “Team”), two Singapore-based private equity firms, announced today a new partnership and the successful close of a c.US$700 million fund (“CSP Fund II” or the “Fund”). In likely a first-of-its-kind transaction in Asia, CSP Fund II raised capital from funds managed by HarbourVest Partners (“HarbourVest”), TPG NewQuest and Committed Advisors, as well as other institutional investors (collectively, the “Investors”), to acquire a portfolio of companies from the GP’s existing funds under management as well as provide the enlarged platform with capital for follow-ons and new investments (the “Transaction”). The Team will operate under the existing CSP platform as it looks to build on a successful track-record of investing in global technology services companies. HarbourVest and TPG NewQuest co-led the deal. HarbourVest led the structuring of the transaction.

The Transaction is believed to have established one of the largest technology services dedicated funds in Asia and the combination of the teams at CSP and BTP will significantly augment the platform’s execution capabilities. The Team consists of Sanjay Chakrabarty, Rajeev Srivastava, Mukesh Sharda, Bharat Rao (non-executive director), and Sameer Kanwar. Over the past decade, the Team has managed in excess of US$1.3 billion in AUM and has operated and exited multiple companies in the technology services space, including Minacs, Indecomm and GAVS Technologies. 

http://mrem.bernama.com/viewsm.php?idm=45264

PTI (Vietnam) Outlooks Revised To Negative - AM Best

KUALA LUMPUR, Jan 19 (Bernama) -- Global credit rating agency, AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of ‘bbb’ (Good) of Post-Telecommunication Joint Stock Insurance Corporation (PTI) (Vietnam).

According to a statement, the ratings reflect PTI’s balance sheet strength, which AM Best assesses as strong, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management (ERM).

The revision of the outlooks to negative reflect AM Best’s assessment that balance sheet strength fundamentals have weakened due to recent capital erosion. In addition, increasing capital requirements arising from higher business growth and higher investment risks could further constrain capital adequacy over the near to medium term.

PTI’s risk-adjusted capitalisation, as measured by Best’s Capital Adequacy Ratio (BCAR), is forecast to decline from the strongest level as of year-end in 2021 to the very strong level over the near term, driven by capital erosion due to large underwriting losses associated with loss-making COVID-19 medical insurance policies and higher capital requirements arising from business growth.

Concurrently, the company’s regulatory capital ratio fell to 108 per cent at September 2022 but is expected to recover and exceed the company’s internal tolerance level. The company’s investment portfolio is generally conservative with the majority of its investments in cash and deposits.

However, the company plans to increase its investment allocation towards higher risk assets including non-rated corporate bonds and equity investments prospectively. A planned capital injection to PTI has faced ongoing delays. In AM Best’s view, this capital injection would substantially relieve pressure on the company’s risk-adjusted capitalisation.

In recent years, PTI has generated consistent underwriting profitability although underwriting performance was adversely impacted in 2022 due to material claims from its COVID-19 allowance product. As part of the company’s underwriting remediation measures, PTI is increasing the premium rates for its key lines of business, motor and health, in response to increasing claim costs.

PTI is Vietnam’s third-largest non-life insurer with a market share of approximately 10 per cent in terms of gross premium written in 2021. The company ranked first in the motor business and second in health and personal accident line in 2021.

PTI currently benefits from an exclusive distribution agreement that allows it to distribute insurance products via Vietnam Post Corporation’s extensive network of post offices across Vietnam. 

For more information, visit www.ambest.com.

 -- BERNAMA

JUMIO, FIRST IDENTITY PROOFING VENDOR SURPASSES US$200 MLN IN BOOKINGS

KUALA LUMPUR, Jan 19 (Bernama) -- Jumio, the provider of automated, end-to-end identity proofing, risk assessment and eKYC (Know Your Customer) solutions, became the first identity company to clear well over US$200 million in bookings which saw the completion of both the largest new deal and the largest total deal in the fourth quarter of 2022.  (US$1 = RM4.32)

This record-breaking close to a successful 2022 speaks to the sophistication of online business and the growing need for modern enterprises across all industries and geographies to truly know and trust their end users online.

“Despite the extremely daunting global environment, we continue to manage our business closely and focus on execution so we can evolve with the climate, and it continues to pay off.

“This allows us to further accelerate our investment in Jumio’s core technology and innovation in our ongoing mission to eradicate online fraud worldwide,” said Jumio Chief Executive Officer, Robert Prigge in a statement.

Jumio’s other notable achievements last year include the unveiling of its extended KYX platform, with an integrated orchestration hub benefiting from the company’s acquisition of 4Stop and hiring of key executives in which Susan Walker was appointed as Chief Financial Officer in May, while Stuart Wells joined in April as Chief Technology Officer.

Additionally, Jumio was recognised as a representative vendor for the fourth consecutive time in the latest Gartner Market Guide for Identity Proofing and Affirmation, published in March.

The Guide also lists Jumio among orchestration vendors that “connect to a range of identity proofing and affirmation vendors, as well as vendors focusing on fraud detection and user authentication.”

-- BERNAMA

TRACKING ROGUE VESSELS BOLSTERS FISHERIES MANAGEMENT - GLOBAL FISHING WATCH

KUALA LUMPUR, Jan 19 (Bernama) -- A new study titled “Tracking Elusive and Shifting Identities of the Global Fishing Fleet” by Global Fishing Watch revealed that almost 20 per cent of high seas fishing is carried out by vessels that are either internationally unregulated or not publicly authorised, with large concentrations of these ships operating in the Southwest Atlantic Ocean and the western Indian Ocean.

The study, which was published in Science Advances, combines a decade’s worth of satellite vessel tracking data with identification information from more than 40 public registries to determine where and when vessels responsible for most of the world’s industrial fishing change their country of registration, a practice known as “reflagging” and identify hotspots of potential unauthorised fishing and foreign-owned vessels activity.

Global Fishing Watch researchers along with the Marine Geospatial Ecology Lab from Duke University and Stockholm Resilience Centre were able to track and analyse 35,000 commercial fishing and support vessels to reveal their changing identities and enable the reconstruction of vessel histories to demonstrate reflagging patterns, using big data processing and a compilation of global datasets.

“When a vessel’s identity is changed, it makes tracking them all the more difficult, allowing bad actors the opportunity to take advantage of information gaps and avoid oversight. We need to close that loophole,” said Global Fishing Watch senior data scientist and lead author of the study, Jaeyoon Park in a statement.

According to the study, fleets with prevalent reflagging are over five times more likely to be composed of vessels under foreign ownership which are often registered to “flags of convenience,” defined by the International Transport Workers' Federation as countries that offer foreign shipowners the ability to register or fly the flag of their own State.

While reflagging and foreign ownership are lawful, when not properly regulated and monitored, they can indicate a risk of illegal, unreported and unregulated (IUU) fishing. IUU fishing accounts for as much as 20 per cent of the global seafood catch with annual losses valued at up to US$23.5 billion. (US$1 = RM4.32)

The study also identified concentrations of fishing activity by foreign-owned vessels, which are focused in parts of the high seas and certain national waters, in which the hotspots correspond to the areas where multiple non-governmental organisations have called for better governance systems.

“By synthesising over 100 billion Global Positioning System (GPS) positions with consolidated identity information from 200,000 vessels, we were able to reveal patterns about vessel activity from the past decade,” added Park.

Global Fishing Watch is an international nonprofit organisation dedicated to advancing ocean governance through increased transparency of human activity at sea.

-- BERNAMA

JUNIPER RESEARCH: GLOBAL FINANCIAL CRIME PREVENTION SOFTWARE SPEND TO SURPASS $28 BILLION BY 2027, AS FICO RANKED MARKET LEADER

BASINGSTOKE, England, Jan 17 (Bernama-BUSINESS WIRE) -- A new Juniper Research study found that global software spend on financial crime prevention tools will exceed $28.7 billion by 2027, increasing from $22.1 billion in 2023. It predicted this growth of 30% will be driven by cybercriminals’ strategies of targeting the ever-growing transaction volume of payments over digital channels to maximise financial gain.

Financial crime prevention software enables financial institutions and merchants to automate fraud detection monitoring, KYC (Know Your Customer) and KYB (Know Your Business) procedures, and behavioural analytics to mitigate risk of financial crime.

· To find out more, see the new report: Financial Crime Prevention: Segment Analysis, Key Trends & Market Forecasts 2023-2027
· Download the free whitepaper: Leveraging Financial Crime Prevention in an Uncertain Economy

FICO Tops Juniper Research Competitor Leaderboard

The research assessed leading financial crime prevention software platforms and evaluated them on a number of criteria, including depth and breadth of offerings, service innovation and future prospects; providing an extensive analysis of the competitive landscape in this dynamic market.

The Competitor Leaderboard ranked the three leading vendors as follows:

1. FICO
2. LexisNexis Risk Solutions
3. Verafin

Research co-author Mélissa Amouny explained further: “FICO demonstrates a broad set of capabilities, access to high-value data for crime mitigation and impressive AI-based analytical systems within its product portfolio. Competing vendors must prioritise frequent platform updates to keep pace with rapid cybercriminal innovations and maximise their market share.” 

http://mrem.bernama.com/viewsm.php?idm=45226

HYDROGEN'S USE AS A SUSTAINABLE ALTERNATIVE FUEL FOR TRANSPORT HIGHLIGHTED BY BLACK & VEATCH

Black & Veatch pinpoints, at Hydrogen India Summit 2023, decarbonization models that will hasten India's shift to cleaner fuels


DELHI, India, Jan 18 (Bernama-BUSINESS WIRE) -- With India’s reliance on imported crude oil, opportunities exist to plan for and grow the use of green hydrogen as a zero-emissions fuel source for the country’s transport sector, including commercial fleets and aviation.

“The commercial credibility of hydrogen development is absolutely key, particularly around securing viable off-takers for the product. There are a few emerging business models that are being studied and developed more closely in India, for domestic consumption and export. This includes the use of hydrogen for transport fleets, the use of hydrogen derivatives as an aviation fuel and the production of green ammonia,” said Ruturaj Govilkar, Country Manager and Managing Director, India, Black & Veatch.

India serves as an integral part of Black & Veatch’s innovation network exploring and providing hydrogen and other emerging sustainable solutions for clients globally. Countries throughout the world continue to announce new decarbonization and hydrogen strategies, and India recently approved the National Green Hydrogen Mission with an initial outlay of Rs.19,744 crore (US$ 2.3 billion). The Mission aims to make India a global hub for production, utilization and export of green hydrogen and its derivatives.

Speaking at the Hydrogen India Summit 2023, Govilkar proposed that, together, electric vehicles (EVs) and vehicles powered by hydrogen – in particular commercial fleets – are an alternate form of transportation that may eventually be more cost-effective, compared to the rising cost of fossil fuels.

Other promising commercial models include the production of green ammonia for export whereby importing countries could substitute ammonia directly for natural gas and use it for critical applications like power generation, or the use of ammonia as a fuel for shipping. A significant advantage is that outside the electrolysis process to produce green hydrogen, the production of ammonia is a well-established technology.

Similar to the ammonia synthesis loop, Black & Veatch notes that the basic method for producing synthetic fuel for aviation or other uses is proven, and pending wider usage.

Editor’s Notes:

• Black & Veatch is involved in building 245 megawatt (MW) of electrolysis capacity, nearly doubling green hydrogen production around the world. The company is building the world’s largest hydrogen hub in the United States. Other than hydrogen, the company carries out projects in multiple decarbonization fields.
• The Green Solutions (TGS) has appointed Black & Veatch to study the production and storage of green hydrogen in Vietnam utilizing solar or wind power supplied through the grid.

About Black & Veatch

Black & Veatch is a 100-percent employee-owned global engineering, procurement, consulting and construction company with a more than 100-year track record of innovation in sustainable infrastructure. Since 1915, we have helped our clients improve the lives of people around the world by addressing the resilience and reliability of our most important infrastructure assets. Our revenues in 2021 exceeded US$3.3 billion. Follow us on www.bv.com and on social media.

View source version on businesswire.com: 
https://www.businesswire.com/news/home/20230117006181/en/

Contact

EMILY CHIA | +65 6335 6623 P | +65 9875 8907 M | Chialp@bv.com
24-HOUR MEDIA EMAIL | media@bv.com

Source : Black & Veatch

DOMINICA OFFERS POPULAR TRAVEL DESTINATION, ATTRACTIVE INVESTMENT OPTIONS

KUALA LUMPUR, Jan 18 (Bernama) -- The Caribbean’s Dominica island, a popular travel destination with beautiful beaches and tourist destinations, is regarded as one of the best investment options for investors due to its friendly policies on foreign investments.

According to a statement, the island's tourism product has skyrocketed over recent years as internationally renowned hoteliers like Marriott and Hilton have flocked to Dominica to set up operations.

Aside from mainstream tourism, Dominica has become a regional leader in eco-tourism with properties like Jungle Bay and the highly anticipated Sanctuary Rainforest resort offer holidaymakers and investors a balance between a luxury experience whilst still championing sustainability.

Dominica also offers investors a Citizenship by Investment (CBI) programme whereby investors can make a substantial contribution to the country’s Economic Diversification Fund, a government fund that supports socio-economic initiatives in Dominica.

Launched in 1993, the CBI programme has been ranked as the number one CBI initiative for five consecutive years by the CBI Index, a ranking system published by the Financial Times’s Professional Wealth Management magazine.

The programme was created with the intention of attracting foreign direct investment and boosting tourism, making it easier for investors to do business in Dominica.

Located near the Caribbean Sea, Dominica is a small island country with beautiful beaches, lush green forests and amazing waterfalls. It has been ranked as one of the most desirable places to live in the world.

-- BERNAMA

Remote Patient Monitoring users reach 115 mln worldwide by 2027 - Juniper Research

KUALA LUMPUR, Jan 16 (Bernama) -- A new study by Juniper Research revealed that the total number of patients using Remote Patient Monitoring (RPM) solutions will reach 115.5 million globally by 2027, equating to 1.4 per cent of the total population.

According to Juniper Research in a statement, the growth of 67 per cent, an increase from only 75 million in 2023, is driven by greater pressure on healthcare systems, including clinical staff shortages and limited space within hospitals, driving the need for alternative healthcare solutions.

The research foresaw that by 2027, there will be 90 million cardiac patients using RPM solutions which will also indirectly decrease disease transmission rates and alleviate pressure on healthcare systems by reducing the demand for hospital beds.

Given the high global prevalence of cardiac conditions, the report recommended that healthcare providers use RPM solutions to monitor the heart rate and blood pressure of cardiac patients at home to lower the number of patients in hospital.

“There are a variety of connected devices that can be used for cardiac patient monitoring, for example blood pressure and heart rate monitors, which can be challenging for less technologically literate patients.

“Vendors must prioritise device simplification through software improvements, whilst also incorporating patient education to improve healthcare outcomes,” said its research author, Cara Malone.

RPM solutions encompass a variety of health monitoring devices which enable continuous communication between patients and healthcare providers without the need for close contact allowing care to be moved outside of overstressed healthcare facilities, thus boosting healthcare providers’ efficiency.

-- BERNAMA

HYTERA EXPANDS DIGITAL MOBILE RADIO PORTFOLIO WITH NEW HP5 MODELS

KUALA LUMPUR, Jan 17 (Bernama) -- Hytera Communications, a global provider of professional communications technologies and solutions, has launched HP56X and HP50X portable two-way radios to further expand and strengthen its new generation of Digital Mobile Radio (DMR) portfolio.

In a statement, Hytera said the HP5 models were developed to provide reliable voice communications for security, operations, technician and maintenance teams at office buildings, stadiums, industrial parks, school campuses and hospitals, among others.

HP56X and HP50X radios deliver crystal-clear audio enabled by artificial intelligence-based noise cancellation, which suppresses annoying feedback howling and filters unwanted ambient noises.

“Enterprise and business users may need fewer functions from their two-way radio systems than public safety users do. For example, the trunking call is usually a standard feature required by the police, not necessarily a must for business users.

“However, their requirements for versatility, ergonomics, and reliability are similar. With this in mind, we designed HP5 portable radios. We believe HP5 will be a great productivity and safety tool for a lot of professional scenarios,” said Hytera general manager of the device product line, Howe Tian.

Hytera began the introduction of its next-generation H-Series DMR radios with HP7 portable two-way radios, HM7 mobile radios and HR106X repeaters to the global markets at the end of 2021; followed by HP6, HM6 and HR6 models.

H-Series, including portable radios, mobile radios and repeaters is designed and developed on new hardware and software platforms.

Meanwhile, HP5 models have dedicated dual knobs for volume and channel controls to simplify radio operation. With the universal Type-C port, HP5 radios can be charged with a power bank or car charger the way regular smartphones are charged.

-- BERNAMA

JUNIPER RESEARCH: REMOTE PATIENT MONITORING USERS TO REACH 115 MILLION GLOBALLY BY 2027; DRIVEN BY HEALTHCARE SYSTEM PRESSURES

BASINGSTOKE, England, Jan 16 (Bernama-BUSINESS WIRE) -- A new Juniper Research study found the total number of patients using RPM (Remote Patient Monitoring) solutions will reach 115.5 million globally by 2027, equating to 1.4% of the total population. This is an increase from only 75 million in 2023. This growth of 67% is driven by greater pressure on healthcare systems, including clinical staff shortages and limited space within hospitals, driving the need for alternative healthcare solutions. RPM enables care to be moved outside of overstressed healthcare facilities; boosting healthcare providers’ efficiency.

RPM solutions encompass a variety of health monitoring devices which enable continuous communication between patients and healthcare providers without the need for close contact.
 

·  To find out more see the new report: Remote Patient Monitoring: Key Trends, Regional Analysis & Market Forecasts 2023-2027 

·  Download the free whitepaper: Remote Patient Monitoring: Three Key Trends in 2023  

Prevalence of Cardiac Conditions to Drive RPM Usage

The research predicted that by 2027, there will be 90 million cardiac patients using RPM solutions. Given the high global prevalence of cardiac conditions, the report recommended that healthcare providers use RPM solutions to monitor the heart rate and blood pressure of cardiac patients at home to lower the number of patients in hospital. RPM solutions will also indirectly decrease disease transmission rates and alleviate pressure on healthcare systems by reducing the demand for hospital beds.

Research author Cara Malone remarked: “There are a variety of connected devices that can be used for cardiac patient monitoring, for example blood pressure and heart rate monitors, which can be challenging for less technologically literate patients. Vendors must prioritise device simplification through software improvements, whilst also incorporating patient education to improve healthcare outcomes.” 

http://mrem.bernama.com/viewsm.php?idm=45218

FLOOID ANNOUNCES STRATEGIC PARTNERSHIP WITH FREEDOMPAY TO EXPAND GLOBAL REACH

The partnership will bring enhanced commerce functionality to Retailers around the world.


London, England, Jan 16 (Bernama-GLOBE NEWSWIRE) -- Flooid today announces a strategic partnership with FreedomPay, the global leader in Next Level Commerce™, to bring industry-leading Retail solutions to merchants globally. 

Powered by FreedomPay, Flooid allows merchants to connect their retail channels, removing barriers between online and in-store payments. FreedomPay’s data-driven commerce platform grants merchants access to valuable analytics and Business Intelligence platform to drive further customer engagement and loyalty through targeted offers and incentives, all within a frictionless integrated payment solution.

"Through this partnership with FreedomPay, we are bringing enhanced innovation, choice, and flexibility to retailers on the Flooid platform,” said Donna Stevens, Senior VP of Product and Marketing at Flooid. Our goal is to empower merchants with the tools they need to provide the best shopping experience to consumers globally.”

The FreedomPay platform enables enterprises to provide a consistent payment experience for their customers globally, creating a seamless and flexible retail experience managing security, data and loyalty all from a single, unified tech stack.

“The partnership between FreedomPay and Flooid will bring a world-class commerce experience to retailers and shoppers around the globe,” said Liesl Smith, Senior VP of Marketing and Sales Enablement at FreedomPay. “Together we are committed to delivering a seamless payment experience to customers, enabling an innovative and seamless omnichannel payment environment.”
 
About FreedomPay

FreedomPay’s Next Level Commerce™ platform transforms existing payment systems and processes from legacy to leading edge. As the premier choice for many of the largest companies across the globe in retail, hospitality, lodging, gaming, sports and entertainment, foodservice, education, healthcare and financial services, FreedomPay's technology has been purposely built to deliver rock solid performance in the highly complex environment of global commerce. The company maintains a world-class security environment and was first to earn the coveted validation by the PCI Security Standards Council against Point-to-Point Encryption (P2PE/EMV) standard in North America. FreedomPay's robust solutions across payments, security, identity, and data analytics are available in-store, online and on-mobile and are supported by rapid API adoption. The award winning FreedomPay Commerce Platform operates on a single, unified technology stack across multiple continents allowing enterprises to deliver an innovative Next Level experience on a global scale. www.freedompay.com

About Flooid

Flooid helps retailers create the seamless shopping experiences customers demand. Flooid's unified commerce platform empowers merchants to sell to customers flexibly and consistently wherever they are and however they choose to shop. Our best of breed open ecosystem givers retailers the power to connect leading retail tech partners with a single unified commerce platform to engage with your shoppers, sell more effectively across channels and adapt to retail shopping changes we have yet to imagine.


Jennifer Tayebi
Hill+Knowlton Strategies for FreedomPay
+1 734 395 0780
Jennifer.Tayebi@hkstrategies.com

SOURCE : FreedomPay

CLOUDFLARE WINS CONTRACT TO OFFER REGISTRY AND AUTHORITATIVE DNS SERVICES

KUALA LUMPUR, Jan 16 (Bernama) -- Cloudflare Inc, the security, performance, and reliability company helping to build a better Internet, has been awarded a US$7.2 million contract from the Cybersecurity and Infrastructure Security Agency (CISA) to provide Registry and Authoritative Domain Name System (DNS) services to the .gov TLD (Top Level Domain). (US$1 = RM4.33)

In a statement, Cloudflare said with this contract, it would provide managed name servers for the .gov zone and authoritative DNS hosting for .gov domain names.

DNS is a core Internet service that is foundational to the security of the applications that sit on top of it and DNS services guide visitors to the site.

“The Internet has made the United States government more accessible for constituents than ever before, whether they're applying for a passport, learning health and safety recommendations for their communities or reaching out to a representative.

“Having a reliable and secure DNS for government agencies is critical to instill trust in all .gov activity, and working with us to achieve this is a testament to the reliability and security of the Cloudflare network,” said its co-founder and chief executive officer, Matthew Prince.

CISA turned to Cloudflare to provide registry and DNS services to meet the need for highly available DNS services that enhance resilience and simplify security operations for .gov domain users.

Cloudflare will support CISA’s goals by reducing the attack surface of .gov-related infrastructure and government organisations, and automate sensitive portions of DNS security management, setting DNS records that make it hard to successfully impersonate the government in email by default and offering new features.

Additionally, CISA will gain visibility to better detect and prevent certain DNS ecosystem issues.

CISA, the nation’s risk advisor, builds the nation’s capacity to defend against cyber attacks by providing cybersecurity tools, incident response capabilities, and assessment services to safeguard the Federal information technology enterprise, state and local partners, and systems that support national critical functions.

-- BERNAMA

SMARTTRADE PLANS EXPANSION IN 2023 FOLLOWING 2022 STRONG GROWTH

KUALA LUMPUR, Jan 13 (Bernama) -- smartTrade Technologies, a leading provider of end-to-end multi-asset electronic trading solutions reported a highly successful 2022, during which the company has continued to build on the achievements of previous years.

In a statement, smartTrade said the acquisition of Toronto-based TickTrade Systems, finalised in 2022, has integrated all products and teams globally in which the combined expertise of the two companies allowed smartTrade to develop and release a combined LiquidityFX next generation platform.

The new release combines the rich functionality of smartTrade’s LiquidityFX platform with a new value proposition for analytics, payments, crypto and automation, thereby delivering a huge amount of value to the foreign exchange (FX) market.

“Growth will be the main focus in 2023, and with the integration of TickTrade now complete, we have our sights set on new acquisitions as a way of expanding both our product offering and our geographical coverage.

“We look forward to the opportunity to offer even greater value to our clients and to their customers,” said its chief executive officer and co-founder, David Vincent in a statement.

2022 also saw the development of smartTrade’s meta cloud technology, allowing the company to deploy and manage its infrastructure seamlessly using either its own private cloud or existing public clouds which is entirely managed by smartTrade and combines cost-effectiveness with security and reliability.

The company acquired several new clients last year, extending its coverage in the United Kingdom, Japan, United States of America, Switzerland and the Nordic region, besides opening an office in Paris, France in November as part of its commitment to a growing number of local clients.

smartTrade also strengthened its executive leadership team across Europe, bringing valuable expertise in operations, human resource and finance.

A significant part of the company’s revenue in 2022 was a result of upsales, a testament to smartTrade’s expertise, and the strength and relevance of its roadmap investment.

Headquartered in Aix-en-Provence, France, smartTrade consists of approximately 300 experts in electronic trading who are deploying, implementing, and supporting its range of solutions helping customers achieve business growth.

-- BERNAMA

GLOBAL TALENT LEADER WILSONHCG ACQUIRES PERSONIFY TO FURTHER EXPAND ITS HEALTHCARE AND LIFE SCIENCES TALENT SOLUTIONS

TAMPA, Fla., Jan 11 (Bernama-BUSINESS WIRE) -- WilsonHCG, a global talent leader, has announced the acquisition of Personify, an award-winning recruitment process outsourcing (RPO) provider. Personify specializes in the life sciences, healthcare, biotech and pharmaceuticals sectors and other industries experiencing critical skills shortages.

Personify, a leader in its core markets, provides executive search and recruitment marketing services alongside its RPO solutions. Headquartered in Raleigh, North Carolina, the organization delivers flexible talent solutions to clients across the globe.

"Personify is one of the largest healthcare and life sciences RPO providers in the world, so this expansion enables continued growth while cementing our position as a global leader in talent acquisition," said John Wilson, CEO of WilsonHCG. "The partnership aligns two mission-driven organizations with a desire to exceed client expectations. Personify is a company that cares about its people and clients as much as we do, and that’s why this acquisition is so exciting. Together, we'll set new standards in the talent space."

Ryan Carfley President and CEO of Personify, added: "We are thrilled to be joining WilsonHCG. I have known John for many years and admire WilsonHCG's pioneering achievements in the RPO industry. The synergy between our cultures excites me because of the impact it will have on our clients and our industry. The partnership accelerates our access to new markets, and together we'll become the global go-to talent solutions provider in healthcare, biotech, life sciences, and beyond."

WilsonHCG completed two acquisitions in 2022. In October, it acquired Tracking Talent, a talent solutions provider based in South Africa, and in March, it acquired leading labor market intelligence platform Claro Analytics.

About WilsonHCG

WilsonHCG is an award-winning, global leader in total talent solutions. Operating as a strategic partner, it helps some of the world's most admired brands build comprehensive talent functions. With a global presence spanning more than 65 countries and six continents, WilsonHCG provides a full suite of configurable services including recruitment process outsourcing (RPO), executive search, contingent talent and talent consulting.

TALENT. ™ It's more than a solution, it's who we are.

https://www.wilsonhcg.com/

About Personify

Personify (www.personifysearch.com) is an award-winning, globally recognized recruitment process outsourcing firm. Its multichannel recruitment approach combines industry expertise with data-driven analytics to deliver next-generation talent acquisition solutions. Personify transforms traditional and reactive talent acquisition approaches into progressive, proactive systems providing talent on demand. Personify's unique RPO solution scales with client hiring needs, mitigating the risks associated with fixed talent acquisition models and generating savings versus third-party agencies.

View source version on businesswire.com: 
https://www.businesswire.com/news/home/20230110005590/en/

Contact

Kirsty Hewitt
+44 7889901517
813-418-4479
kirsty.hewitt@wilsonhcg.com

Source : WilsonHCG

CLOUDFLARE ANNOUNCES NEW SOLUTIONS TO HELP CIOS MAXIMIZE EMPLOYEE COLLABORATION AND PRODUCTIVITY

Digital Experience Monitoring will provide unparalleled visibility and insights to businesses in the age of remote work

SAN FRANCISCO, Jan 10 (Bernama-BUSINESS WIRE) -- Cloudflare, Inc. (NYSE: NET), the security, performance, and reliability company helping to build a better Internet, today announced Cloudflare Digital Experience Monitoring, an all in one dashboard that helps CIOs understand how critical applications and Internet services are performing across their entire corporate network. Cloudflare Digital Experience Monitoring, part of Cloudflare’s Zero Trust platform, will provide IT leaders with predictive, historical, and real time intelligence around application outages, network issues, and performance slow-downs to keep employees productive wherever they are working.

"IT teams have been working in the dark for too long, today we’re switching on the lights for the modern corporate network,” said Matthew Prince, CEO and co-founder at Cloudflare. “Our global network powers a huge part of the Internet, giving Cloudflare a unique view of what is happening online and allows us to identify trends before our customers do, and now we are sharing these insights with customers. Think of Cloudflare Digital Experience Monitoring as the air traffic control of the modern corporate network, keeping data moving, applications running smoothly, and employees safe.” 

http://mrem.bernama.com/viewsm.php?idm=45179

CLOUDFLARE ANNOUNCES MAGIC WAN CONNECTOR TO SPEED UP, SIMPLIFY, AND SECURE HOW ANY BUSINESS CONNECTS TO THE INTERNET

New functionality completes Cloudflare’s single-vendor secure access service edge (SASE) offering


SAN FRANCISCO, Jan 11 (Bernama-BUSINESS WIRE) -- Cloudflare, Inc. (NYSE: NET), the security, performance, and reliability company helping to build a better Internet, today announced Magic WAN Connector, the open source software-defined software package that makes it easier than ever for any business to connect and secure their entire corporate network with Cloudflare. With Magic WAN Connector, Cloudflare One is now a true integrated SASE security and networking solution to protect and accelerate the performance of enterprise devices, applications, and networks. Additionally, Cloudflare announced new participants in the Network On-ramp partner program as well as OEMs to give customers flexibility and freedom of choice no matter how they connect to Cloudflare’s network.

“The future of work requires flexible IT infrastructure. When I speak to CIOs working to support evolving workforces, they want one vendor to work with that can offer them everything they need,” said Matthew Prince, co-founder and CEO of Cloudflare. "Whether that means securely connecting remote employees, offices, data centers, or even multi-cloud deployments, IT teams shouldn’t have to sacrifice speed or security to keep their business productive. With the addition of Magic WAN Connector to Cloudflare One, we now offer one of the most comprehensive SASE solutions available today.”

Businesses have struggled to move from fragmented and patchwork legacy architectures to modern zero trust networks because of the complexity and cost of coordinating with dozens of disparate security and networking vendors. According to Gartner®, “by 2025, one-third of new SASE deployments will be based on a single-vendor SASE offering, up from 10% in 2022.*”

Magic WAN Connector is an open source software-defined software package that securely connects any network — whether physical, such as an office, manufacturing facility, or retail store; or virtual, such as a private cloud property — to automatically configure secure tunnels and routing policies, directing traffic to Cloudflare’s global network. As part of the comprehensive Cloudflare One SASE solution, this allows for access to a full suite of security tools including Zero Trust Network Access (ZTNA), Data Loss Prevention (DLP), Intrusion Detection System (IDS), Cloud Access Security Broker (CASB) and more. It can be used seamlessly with other on-ramps to the Cloudflare network including the WARP device client, the Cloudflare Tunnel application-layer connector, and direct connections via Cloudflare Network Interconnect.

Magic WAN Connector can be deployed as a virtual machine on a physical device or cloud service or with OEM hardware, giving customers unparalleled flexibility and freedom of choice in how they connect to Cloudflare’s global network. Cloudflare is announcing partnerships with certified bare-metal OEM hardware companies. Customers can work with additional channel partners in the Cloudflare One Partner Program ecosystem to support the installation and deployment of Magic WAN Connector and manage OEM partner hardware lifecycles.

With the launch of Magic WAN Connector and Cloudflare’s expanded partnerships, businesses of any size can easily transition to Cloudflare's modern SASE architecture – reducing costs, increasing simplicity, and speeding up deployments. With Magic WAN Connector, customers can now:

• Connect every office, data center, and cloud property: Magic WAN Connector replaces the patchwork of connectivity and security solutions in offices and remote locations with a single-vendor SASE solution managed through a common dashboard.
• Deploy however and wherever businesses want: To provide the utmost flexibility, Cloudflare is open sourcing Magic WAN Connector, allowing organizations to deploy network functionality on their hardware platform of choice and reducing their exposure to supply chain issues.
• Make the best use out of every Internet connection: Magic WAN Connector software provides traffic routing, load balancing, and failover; application-aware traffic steering and shaping; and automatic configuration and orchestration to ensure traffic from customer locations to Cloudflare’s network is secure, fast, and reliable.
• Modernize their network and security architecture: Customers can prepare their organizations for hybrid work, reduce their attack surface area, and improve employee productivity using advanced traffic management features and fully integrated security that eliminate the need to backhaul traffic to a hub site.

In addition to the inclusion of OEM partners, Cloudflare expanded the Network On-ramp Partnerships to include more SD-WAN devices that are compatible with Magic WAN, giving customers even more ways to connect to Cloudflare’s network. To view the full list or if you are interested in joining the partner program, please check out the partnership page here.

To learn more about Cloudflare One and Magic WAN Connector, please check out:

• Blog
• Landing Page
• CIO Week
• Network On-ramp Partner program

*Gartner Market Guide for Single-Vendor SASE, 09/28/2022, Neil MacDonald, John Watts, Jonathan Forest, Andrew Lerner

GARTNER is the registered trademark and service mark of Gartner Inc., and/or its affiliates in the U.S. and/or internationally and has been used herein with permission. All rights reserved.

About Cloudflare

Cloudflare, Inc. (www.cloudflare.com / @cloudflare) is on a mission to help build a better Internet. Cloudflare’s suite of products protect and accelerate any Internet application online without adding hardware, installing software, or changing a line of code. Internet properties powered by Cloudflare have all web traffic routed through its intelligent global network, which gets smarter with every request. As a result, they see significant improvement in performance and a decrease in spam and other attacks. Cloudflare was named to Entrepreneur Magazine’s Top Company Cultures 2018 list, ranked among the World’s Most Innovative Companies by Fast Company in 2019, awarded by Reuters Events for Global Responsible Business in 2020, named to Fast Company's Most Innovative Companies in 2021, and ranked among Newsweek's Top 100 Most Loved Workplaces in 2022.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which statements involve substantial risks and uncertainties. In some cases, you can identify forward-looking statements because they contain words such as “may,” “will,” “should,” “expect,” “explore,” “plan,” “anticipate,” “could,” “intend,” “target,” “project,” “contemplate,” “believe,” “estimate,” “predict,” “potential,” or “continue,” or the negative of these words, or other similar terms or expressions that concern Cloudflare’s expectations, strategy, plans, or intentions. However, not all forward-looking statements contain these identifying words. Forward-looking statements expressed or implied in this press release include, but are not limited to, statements regarding the capabilities and effectiveness of the Cloudflare One suite of Zero Trust solutions (including Magic WAN Connector), the benefits to Cloudflare’s customers from using the Cloudflare One suite of Zero Trust solutions (including Magic WAN Connector) and Cloudflare’s other products and technology, the expected functionality and performance of the Cloudflare One suite of Zero Trust solutions (including Magic WAN Connector) and Cloudflare’s other products and technology, the timing of when any new Cloudflare One features (including Magic WAN Connector) will be generally available to all current and potential Cloudflare customers, the potential shift of companies from multi-vendor SASE solutions to single vendor SASE solutions, the expansion of Cloudflare’s Network On-ramp partner program and the potential resulting benefits to Cloudflare customers, the potential opportunity for Cloudflare to attract additional customers and to expand sales to existing customers through the expansion of Cloudflare’s Network On-ramp partner program, Cloudflare’s technological development, future operations, growth, initiatives, or strategies, and comments made by Cloudflare’s CEO and others. Cloudflare’s actual results could differ materially from those stated or implied in forward-looking statements due to a number of factors, including but not limited to, risks detailed in its filings with the Securities and Exchange Commission (SEC), including Cloudflare’s Quarterly Report on Form 10-Q filed on November 3, 2022, as well as other filings that we may make from time to time with the SEC.

The forward-looking statements made in this press release relate only to events as of the date on which the statements are made. We undertake no obligation to update any forward-looking statements made in this press release to reflect events or circumstances after the date of this press release or to reflect new information or the occurrence of unanticipated events, except as required by law. We may not actually achieve the plans, intentions, or expectations disclosed in Cloudflare’s forward-looking statements, and you should not place undue reliance on Cloudflare’s forward-looking statements.

© 2023 Cloudflare, Inc. All rights reserved. Cloudflare, the Cloudflare logo, and other Cloudflare marks are trademarks and/or registered trademarks of Cloudflare, Inc. in the U.S. and other jurisdictions. All other marks and names referenced herein may be trademarks of their respective owners.

View source version on businesswire.com: 
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Contact

Cloudflare, Inc.
Daniella Vallurupalli
Vice President, Head of Global Communications
press@cloudflare.com

Source : Cloudflare, Inc.