QUANTEXA UNLEASHES WAVE OF NEXT-GEN AI DECISION INTELLIGENCE AT QUANCON25

 

UK AI Leader makes a series of announcements to help customers and partners capitalize on the Operational Revolution of Data and AI at QuanCon25


LONDON, March 7 (Bernama-GLOBE NEWSWIRE) -- Quantexa, a global leader in Decision Intelligence solutions for the public and private sectors, today announced a series of innovative updates and launches across its platform at QuanCon25, its annual customer and partner ecosystem event. Hosted in London at Tobacco Dock, Quantexa highlighted its continued commitment to helping its customers get their data AI-ready, break down organizational silos, and transform decision-making in the era of AI.

A New Era of Decision Intelligence

At the heart of Quantexa’s innovations is its Decision Intelligence Platform, where its Contextual Fabric, is helping customers:

• Unify fragmented data using industry-leading entity resolution and graph technology.
• Enrich data with critical contextual insights to build a real-world representation of how data connections and relationships are impacting an organization.
• Empower their organizations to run contextual analytics that strengthen Gen AI efforts to drive smarter, more transformative decision-making at all levels of the enterprise.

Dan Higgins, Quantexa’s Chief Product Officer, also announced new Decision Intelligence platform capabilities, including:

• Advanced Language Parsers: Now supporting non-Latin scripts such as Japanese—with Chinese and Arabic capabilities on the horizon—enabling organizations to process multilingual data with ease.
• Scalable Knowledge Graphs: Capable of connecting over one billion nodes, these graphs provide deep insights into hidden risks and growth opportunities.
• Real-Time Entity Streaming: Delivering up-to-date insights for fraud detection, know-your-customer (KYC), and master data management (MDM) through ultra-high volume data streaming.
• Enhanced User Experiences: A revamped search and localization interface that ensures users can interact with the platform in their native language, thereby reducing onboarding times and driving engagement.

Higgins also gave a sneak peek into significant platform innovations coming in 2025, which include:

More Support for Unstructured & Expanded Data Formats

• New Natural Language Processing (NLP) pipeline to manage and analyze unstructured data at scale and in multiple languages.
• Contextual insights extracted from internal documents, which incorporate unstructured data from intelligence reports, open-source intelligence (OSINT), and news content.
• The ability to leverage distillation and fine-tuning to deliver hyperscale LLM performance at the efficiency of small local models.

New Workflow and Case Management Capabilities

• A new end-to-end workflow builder to enhance decisioning processes with consistency, traceability, and collaboration.
• The ability to streamline processes for use cases such as data stewardship, escalation decisions, suspicious activity report (SAR) filing, and claims processing.
• Designed for highly regulated environments with improved alerting and reporting capabilities.

Revolutionizing Data Management

• Evolving from traditional methods to a modern, contextual fabric that provides trusted, current, and universally accessible data.
• AI-powered quality assessment and automated root cause analysis for critical source data.

Delivering Tangible Business Impact

To understand its return-on-investment (ROI), Quantexa commissioned a Total Economic Impact study with leading industry analyst house Forrester and a diverse portfolio of customers spanning banking, insurance, telecommunications, and the public sector. The study found that Quantexa’s Decision Intelligence Platform has delivered measurable benefits per use case, including:

• Nearly $8 million in data management efficiency savings.
• Approximately $15 million in operational efficiencies.
• Over $19 million in risk reduction and compliance savings.

Quantexa Founder & CEO, Vishal Marria said: “These results demonstrate that when your data is trusted and contextual, it drives better decision-making and significant bottom-line impact in the era of AI.”

Breaking New Ground with AI and Cloud Solutions

Two major announcements further cemented Quantexa’s Decision Intelligence leadership:

• Q Assist: A context-aware generative AI solution suite designed to democratize access to trusted data, augment decision-making, and provide real-time insights to front-line teams will be available for Early Access in April 2025.
• Quantexa Cloud: A comprehensive suite of native SaaS industry solutions, launching with Quantexa Cloud AML on Microsoft Azure, is available for Customer Preview. This innovative solution, developed in close collaboration with community and mid-size banks in the US, streamlines and modernizes anti-money laundering workflows for faster time to value and strengthened compliance.
• Jamie Hutton, Quantexa’s Chief Technology Officer, highlighted live demonstrations illustrating how these solutions are revolutionizing financial crime detection and operational intelligence by connecting disparate data sources into actionable insights.

Strengthening Strategic Partnerships

Quantexa also highlighted its growing partnership with Microsoft, a collaboration that has delivered transformative industry solutions on the Azure Marketplace. Key initiatives include:

• The public and private preview launch of Quantexa Unify Workload for Microsoft Fabric, empowering organizations to enhance data quality and eliminate silos in a unified, scalable platform.
• Success stories from marquee customers including HSBC, Novobanco, and RSA, who are leveraging Microsoft and Quantexa technology to accelerate their data and AI transformation journeys.

Looking Ahead: The Launch of Q Labs

Quantexa detailed the official launch of Q Labs, a dedicated hub to accelerate groundbreaking ideas and provide a path from concept to commercialization including exploring emerging technologies, accelerating product innovation, and solving complex customer challenges.

Q Labs is currently developing several exciting projects, including:

• Simulation Lab: Helping businesses model real-world scenarios before making critical decisions.
• Supply Chain Intelligence: Leveraging AI to create smarter, more resilient supply chains.

Parsa Ghaffari, Head of Product Innovation, said: “Working hand-in-hand with our engineering and GTM organizations, we turn breakthrough ideas into real-world impact —propelling our customers and partners to their next bold step faster than ever before."

Recognizing Our Partners

The company also took a moment to honor its key strategic partners. The event featured the presentation of the Innovation Partner of the Year Award to Accenture, whose visionary approach has powered groundbreaking generative AI solutions, and the Growth Partner of the Year Award to KPMG, whose collaborative efforts have significantly expanded Quantexa’s global footprint. Quantexa were thrilled to be joined by their sponsoring partners at this year’s QuanCon25 - PWC, Microsoft, Databricks, Moody’s and Dun & Bradstreet.

To watch QuanCon25 on-demand, please visit https://www.quancon.com/.

About Quantexa
Quantexa is a global AI, data and analytics software company pioneering Decision Intelligence to empower organizations to make trusted operational decisions with data in context. Using the latest advancements in AI, Quantexa’s Decision Intelligence platform helps organizations uncover hidden risk and new opportunities by unifying siloed data and turning it into the most trusted, reusable resource. It solves major challenges across data management, customer intelligence, KYC, financial crime, risk, fraud, and security, throughout the customer lifecycle. 

The Quantexa Decision Intelligence Platform enhances operational performance with over 90% more accuracy and 60 times faster analytical model resolution than traditional approaches. An independently commissioned Forrester TEI study on Quantexa's Decision Intelligence Platform found that customers saw a three-year 228% ROI. Founded in 2016, Quantexa now has over 800 employees and thousands of platform users working with billions of transactions and data points across the world. 

Media Enquiries 

C: Stephanie Crisp, Fight or Flight  

E: Quantexa@fightorflight.com 

OR 

C: Adam Jaffe, SVP of Corporate Marketing 

T : +1 609 502 6889 

E : adamjaffe@quantexa.com   


SOURCE : Quantexa Limited

TARA EUSTACE TO DRIVE ENTREPRENEURIAL GROWTH AS MARY KAY CHIEF OPPORTUNITY AND SALES OFFICER

KUALA LUMPUR, March 6 (Bernama) -- The iconic beauty and entrepreneurship company, Mary Kay has announced the appointment of Tara Eustace as Chief Opportunity and Sales Officer to empower future growth.

A trailblazer and long-time Mary Kay executive, Eustace will lead the Global Opportunity and Sales organisation with a core mission to put the “Mary Kay Opportunity” at the centre of all entrepreneurial business strategies.

Mary Kay Chief Executive Officer, Ryan Rogers in a statement said with Eustace’s entrepreneurial and visionary mindset and a track record of breaking into new markets, she will be instrumental in shaping the future of the business for its Independent Beauty Consultants (IBCs) and their customers.

Meanwhile, Eustace said: “I am energised to ignite innovation, empower our IBCs to sell with confidence wherever they are, and connect the next generation to a vibrant, sustainable, and dynamic earning opportunity.”

She will oversee all Mary Kay regions, leading the team of region presidents and general managers in over 40 markets worldwide.

In addition, Eustace will drive the streamlining of global sales operations, activating four strategic areas, namely global salesforce development and education, global salesforce experience, global salesforce insights & analytics, and global salesforce social commerce and communications.

Eustace’s newly formed organisation will focus on transforming the IBC experience, elevating them as personal beauty advisors for Mary Kay’s product portfolio, brand, and opportunity.

Together with her team, Eustace will digitally empower all generations of IBCs with every opportunity to connect their businesses with consumers through digital upskilling, innovative digital tools, and e-commerce solutions across integrated platforms and channels.

Having served in various leadership positions worldwide over the course of her more than 30-year career, Eustace’s unwavering commitment to women’s entrepreneurship has contributed to reshaping the direct selling industry, touching the lives of millions of women.

-- BERNAMA

HYTERA AND CABLE & WIRELESS SEYCHELLES SIGN MOU AT MWC25 TO ACCELERATE ENTERPRISE AND GOVERNMENT GROWTH

^{Mr. Tony Wang (left) and Mr. Naadir Hassan (right) shake hands after signing the MoU (Photo: Business Wire)}


BARCELONA, Spain, March 4 (Bernama-BUSINESS WIRE) -- Hytera Communications (SZSE: 002583), a leading global provider of professional communications technologies and solutions, has signed a Memorandum of Understanding (MoU) with Cable & Wireless Seychelles (CWS), the country’s pioneering quad-play telecommunications operator. This strategic cooperation aims to drive digital transformation across Seychelles’ enterprises and government sectors.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250303890930/en/

The MoU establishes a framework to advance Seychelles' digital transformation through a series of key initiatives. A major focus of the collaboration is the joint development of a resilient Seychelles Emergency Communication Redundant Network, designed to ensure uninterrupted communication during critical scenarios such as natural disasters.

Additionally, the partnership will deliver tailored communication solutions for key sectors, including public safety, energy, transportation, and tourism. Hytera will provide Push-to-Talk over Cellular (PoC) devices, Mission Critical Services (MCX) core networks, and cloud-based platforms, seamlessly integrating with CWS’s existing 4G/5G public networks while supporting the future expansion of private networks.

The MoU was signed by Mr. Naadir Hassan, Chief Executive Officer at CWS, Mr. Oliver Fock-Tave, Associate Director Products & Services and Information Systems at CWS, and Mr. Tony Wang, Business Development Director of Hytera, at MWC 2025 in Barcelona, where Hytera showcased its mission-critical portfolio across multiple protocols such as 4G/5G, MCX, and PoC, as well as Body-worn Camera (BWC) and Digital Evidence Management (DEM).

Mr. Naadir Hassan remarked at the MoU signing ceremony: “As a trailblazer in Seychelles’ telecommunications sector, we are dedicated to introducing the world's leading technologies to our nation. Our cooperation with Hytera will not only enhance our service offerings, but also strengthen digital infrastructure, unlocking new opportunities for local businesses and communities in the Seychelles.”

“At Hytera, we bring over 30 years of experience in delivering innovative professional and private communication solutions that support seamless connectivity and enhance operational efficiency,” said Mr. Tony Wang. “We are confident that this partnership will help Cable & Wireless Seychelles advance its digital transformation goals while ensuring a resilient and future-ready communication infrastructure. We look forward to contributing to the growth and success of Seychelles' digital economy.”

About Hytera

Hytera Communications Corporation Limited (SZSE: 002583) is a leading global provider of professional communications technologies and solutions. With voice, video, and data capabilities, we provide faster, safer, and more versatile connectivity for business and mission-critical users. We make the world more efficient and safer by enabling our customers to achieve more in both daily operations and emergency response. Learn more at https://www.hytera.com/en/home.html.

About Cable & Wireless Seychelles

Cable & Wireless Seychelles is a leading telecommunications provider and the first to offer a quad-play service in the Seychelles. Founded in 1893, the company has made many breakthroughs over the years and has revolutionised Seychelles with fibre connectivity and the introduction of the 5G network. CWS offers a comprehensive suite of products and services, and innovative infrastructure to meet customers’ evolving needs.


View source version on businesswire.com: 
https://www.businesswire.com/news/home/20250303890930/en/

Contact

jia.liu@hytera.com

Source : Hytera Communications Corporation Limited

XPENG ESTABLISHES ITSELF AS LEADING INTELLIGENT EV BRAND IN INDONESIA

KUALA LUMPUR, March 3 (Bernama) -- XPENG, a prominent Chinese high-tech automotive company, has officially entered the Indonesian market through a strategic partnership aimed at introducing its advanced electric vehicle (EV) technology to Indonesian consumers.

The collaboration with Erajaya Active Lifestyle (ERAL) will leverage the latter's established market presence and retail expertise to ensure a seamless experience for XPENG owners, according to a statement.

XPENG Vice Chairman and President, Brian Gu emphasised the importance of partnerships with like-minded companies and expressed confidence in Erajaya's alignment with XPENG's vision for the Indonesian market.

Meanwhile, ERAL chief executive officer, Djohan Sutanto shared that the partnership would usher in a new era of smart, sustainable mobility in Indonesia, focused on customer satisfaction and service excellence.

As part of its localised production strategy, XPENG plans to manufacture vehicles in Indonesia, initially focusing on the G6 and X9 models, which are designed specifically for the right-hand drive market.

This shift toward local production aims to integrate supply chains and foster a community of shared interests across global markets, enabling XPENG to offer more efficient, tailored solutions for Indonesian consumers and other key markets.

Recognising Southeast Asia as a high-potential market, XPENG aims to make Indonesia, along with other Asia Pacific (APAC) countries, its next growth engine.

At its launch event, the company unveiled its 2025 product lineup for Indonesia, featuring the X9 and G6. Both models exemplify XPENG's commitment to artificial intelligence (AI)-driven innovation, intelligent mobility, and high-performance driving, offering a smarter, more connected, and convenient experience for users.

XPENG is not only spreading its technological innovations worldwide but is also committed to providing localised user experiences. By partnering with the Erajaya Group, a leader in Indonesia's high-tech and consumer electronics sector, XPENG will benefit from Erajaya's expertise in smart technology and premium brands. Both companies will work together to educate the market on smart EVs and enhance the customer experience.

Through this collaboration, XPENG and ERAL are poised to redefine Indonesia's EV landscape, delivering a smarter, more connected, and sustainable mobility experience for consumers.

-- BERNAMA

Smith+Nephew Unveils Innovative Foot & Ankle Repair Technology In Australia, New Zealand

KUALA LUMPUR, Feb 21 (Bernama) -- Global medical technology company, Smith+Nephew has launched its comprehensive foot and ankle repair portfolio in Australia and New Zealand (ANZ), featuring proprietary adjustable tensioning technology.

Smith+Nephew senior vice president of Sports Medicine, International Markets, Joaquin Lasso said both Australians and New Zealanders are highly active, with over 75 per cent participating in sports and recreational activities.

“Our portfolio of foot and ankle solutions represents a truly groundbreaking introduction for today’s athletes by offering adjustable tensioning technology after anchor insertion, which is not currently available in the ANZ market,” he said in a statement.

Lasso added that this technology allows for personalised treatment, helping patients return to their active lifestyles faster.

This includes the ULTRABRIDGE Adjustable Achilles Reconstruction and ULTRABRACE Adjustable Ankle Instability Techniques, designed to enhance the precision of repairs by allowing surgeons to refine and optimise suture tension after anchor insertion.

This adjustable tensioning technology enables surgeons to customise the range of motion for each patient based on their activity level, offering the opportunity to optimise the repair before finalising the suture. This process aims to restore normal anatomy and potentially improve patient outcomes.

The new portfolio also introduces Smith+Nephew’s top-tier all-suture anchor, now integrated with needles for open procedures, ensuring consistent deployment and strong fixation.

Each year, approximately 230,000 Australians consult a general practitioner for an ankle sprain or strain, highlighting the demand for advanced treatment options.

-- BERNAMA

FORTREA SPONSORS SCRS COLLABORATE FORWARD TO REVOLUTIONISE CLINICAL RESEARCH PRACTICES

KUALA LUMPUR, Feb 21 (Bernama) -- Fortrea, a global contract research organisation (CRO), has announced its sponsorship of the Society for Clinical Research Sites (SCRS) Collaborate Forward working group.

This initiative will bring together 16 major Global Impact Partner organisations to explore and develop best practices to reduce administrative burdens across the clinical research ecosystem.

Fortrea senior vice president (SVP) of Global Project Delivery, Mike Clay emphasised the importance of collaboration in navigating the growing complexity of clinical trials.

“This initiative will develop tangible solutions that clinical study sponsors, CROs, vendors, sites and patient advocacy groups can rally behind,” he said in a statement.

Meanwhile, SCRS SVP, Strategy and Global Business Partnerships, Sean Soth highlighted the collaborative nature of the initiative, which will focus on sharing successful partnerships that impact clinical research across people, processes, and technology.

“This partnership underscores the value of cross-industry collaboration and the collective effort needed to drive meaningful progress in creating a more connected and efficient clinical trial ecosystem,” added Soth.

The working group aims to promote transparency and collaboration to improve clinical site efficiency, with the goal of making clinical trials more sustainable and accessible—ultimately leading to a smoother experience for patients.

Fortrea’s sponsorship marks a significant investment in fostering industry-wide innovation and reflects the company’s dedication to placing sites at the forefront of clinical trial planning.

Collaborate Forward will initially focus on study startup, showcasing the advantages of collaboration through compelling stories, case studies and data-driven insights.

Throughout 2025, Fortrea and SCRS will share updates from the group at SCRS Site Solutions Summits, with contributions from sponsors and CROs aimed at creating a more effective and connected clinical research environment.

-- BERNAMA

DUCK CREEK TECHNOLOGIES UNVEILS PAYMENTS MARKETPLACE, INTEGRATION WITH PAYMENTUS

KUALA LUMPUR, Feb 5 (Bernama) -- Duck Creek Technologies, the global intelligent solutions provider defining the future of property and casualty (P&C) and general insurance, has launched its Payments Marketplace, a comprehensive payments ecosystem purpose-built for the global insurance industry.

The Duck Creek Payments Marketplace offers seamless integration with trusted payment providers and delivers end-to-end payment management for carriers, according to a statement.

A key part of the launch is a strategic collaboration with Paymentus, a  provider of digital payment solutions, which adds substantial payment volume to the marketplace. This partnership will support top global insurers and major regional carriers.

Duck Creek Technologies Chief Payments Officer, Allan Lacoste said the Payments Marketplace is a major technological advancement in the insurance industry, focusing on secure, seamless payment processing for carriers and their customers.

“Through strategic partnerships with industry leaders like Paymentus, we're building a robust ecosystem that empowers carriers with both payment flexibility and reliability,” he said.

Meanwhile, Paymentus Holdings Inc Chief Commercial Officer, Jerry Portocalis said the partnership will deliver best-in-class electronic billing and payment solutions to a larger, more global customer base.

By leveraging the Duck Creek Payments Orchestrator, the Payments Marketplace significantly reduces payment integration timelines from the typical nine to 18 months to just one to two weeks.

This rapid integration offers carriers a smooth connection to global payment systems, supporting both collections and payouts without requiring major changes to their information technology (IT) infrastructure.

Additionally, the platform ensures continuous updates, security, and compatibility with Duck Creek’s software as a service (SaaS) core systems, offering enhanced experiences for both insurers and customers.

-- BERNAMA

LENDLEASE GLOBAL COMMERCIAL REIT ACHIEVES 10.7%(1) RETAIL RENTAL REVERSION IN 1H FY2025

Key Highlights
 

• Retail portfolio occupancy remained high at 99.9% while the office portfolio occupancy improved to 86.6% from 81.7% in Q1 FY2025.
• Lower gross revenue and net property income (“NPI”) mainly due to the absence of supplementary rent in relation to the lease restructure of Sky Complex (“Supplementary Rent”)². On a proforma basis after adjusting³ for the Supplementary Rent, gross revenue for 1H FY2025 was 0.4% higher whilst NPI was 2.2% lower YoY.
• Higher finance costs in 1H FY2025 mainly due to the replacement of EURIBOR interest rate hedge at a higher rate in October 2023.
• Lower distributable income and distribution per unit (“DPU”) primarily driven by higher finance costs, lower NPI and an enlarged unit base.
• Obtained sustainability-linked loan facilities⁴ to derisk debt refinancing in 2025.
• Construction commenced at the multifunctional event space adjacent to 313@somerset.

SINGAPORE, Feb 4 (Bernama-GLOBE NEWSWIRE) -- Lendlease Global Commercial Trust Management Pte. Ltd. (the “Manager”), the manager of Lendlease Global Commercial REIT (“LREIT”), announces its first-half financial results for FY2025.

Financial Performance

Gross revenue and NPI in 1H FY2025 were lower by 13.6% and 19.8% YoY to S$103.6 million and S$74.9 million respectively. This was mainly attributed to the absence of Supplementary Rent in relation to the lease restructure of Sky Complex that was received and recognised upfront in December 2023. On a proforma basis after adjusting³ for the Supplementary Rent, gross revenue for 1H FY2025 was 0.4% higher whilst NPI was 2.2% lower YoY.

Property expenses in 1H FY2025 were S$28.7 million, S$2.1 million higher compared to 1H FY2024 mainly due to expenditure in relation to equipment replacement at Sky Complex and higher property operating expense from the Singapore properties.

LREIT’s distributable income was S$43.5 million in 1H FY2025, translating to a distribution of 1.80 cents per unit (compared to 2.10 cents per unit in 1H FY2024). The lower DPU was primarily driven by higher finance costs, lower NPI as well as an enlarged unit base.

Capital Management

On 6 December 2024, the Manager has obtained S$560 million unsecured sustainability-linked loan facilities to refinance LREIT’s loans maturing in April and September 2025.

Gross borrowings as at 31 December 2024 were S$1,565.0 million with a gearing ratio of 40.8% and a weighted average debt maturity of 2.0 years⁵. Sustainability-linked financing continues to account for approximately 85% of LREIT’s total committed debt facilities. All of LREIT’s debt is unsecured and there are undrawn debt facilities of S$156.1 million to fund its working capital.

Approximately 70% of the borrowings are hedged to fixed rates with a weighted average cost of debt of 3.57% per annum⁶. The increase, as compared to 3.37% per annum⁶ in 1H FY2024, was mainly due to the replacement of EURIBOR interest rate hedge at a higher rate in October 2023. Hence, weighted average cost of debt for 1H FY2025 is now reflective of the full impact of the higher fixed rate of the replaced EURIBOR interest rate hedge. As at the period end, LREIT has an interest coverage ratio (“ICR”) of 2.7 times⁷ in accordance with requirements in its loan agreements and 1.5 times⁷ in accordance with the Property Funds Appendix.

Operational Performance

LREIT’s portfolio committed occupancy improved to 92.3% as at 31 December 2024 compared to occupancy of 89.5% as at 30 September 2024. Lease expiry profile remained well-spread with only 3.9% by net lettable area (“NLA”) and 6.4% by gross rental income (“GRI”) due for renewal in FY2025. LREIT continued to maintain a long portfolio weighted average lease expiry (“WALE”) of approximately 7.2 years (by NLA) and 4.6 years (by GRI) respectively.

Construction of the 48,200 square feet⁸ multifunctional event space adjacent to 313@somerset has commenced. Expected to be completed in 2H 2026 with an estimated seating capacity of 3,000, the state-of-the-art music hall will feature multiple rooms and stages set up to host international tours as well as local artistes.

Retail portfolio continued to achieve positive rental reversion

LREIT’s retail portfolio achieved 99.9% occupancy with a positive rental reversion of 10.7%¹ as at 31 December 2024. Tenant retention rate was also maintained at a rate of 86.1%.

For the first six months of FY2025, tenant sales and visitation were lower by 5.2% and 0.6% YoY to S$403.9 million and 33.8 million respectively. The decline in tenant sales was impacted by an increase in outbound travel on the back of strong Singapore currency.

New leases committed at Building 3 of Sky Complex

As at 31 December 2024, office tenants account for approximately 21% of portfolio GRI with a long WALE of 11.7 years by NLA and 14.2 years by GRI.

Successful leasing of Sky Complex Building 3 has improved its committed occupancy to approximately 31% from 8.1% in March 2024. As a result, occupancy at Sky Complex has improved to 81.6% from 75.0% as at 30 September 2024. The Manager continues to see healthy leasing enquiries from the collaborative landlord-tenant effort to shape the Milano Santa Giulia business district into a vibrant hub.

Rental review for Jem office is in the final stage and will conclude by end-February 2025.

Mr Kelvin Chow, Chief Executive Officer of the Manager, said, “Our retail portfolio continues to demonstrate resilience with positive rental reversions. In the near-term, we will focus on the continued positive leasing momentum at Sky Complex Building 3, proactive asset management and prudent capital management.

Now that construction has commenced at the multifunctional event space, we are looking forward to see our partnership with Live Nation and the Singapore Tourism Board come to fruition when the space is completed in 2H 2026.”

About Lendlease Global Commercial REIT

Listed on 2 October 2019, Lendlease Global Commercial REIT (“LREIT”) is established with the principal investment strategy of investing, directly or indirectly, in a diversified portfolio of stabilised income-producing real estate assets located globally, which are used primarily for retail and/or office purposes.

Its portfolio comprises leasehold properties in Singapore namely Jem (an office and retail property) and 313@somerset (a prime retail property) as well as freehold interest in Sky Complex (three Grade A commercial buildings) in Milan. These five properties have a total net lettable area of approximately 2.0 million square feet, with an appraised value of S$3.68 billion as at 30 June 2024. Other investments include a stake in Parkway Parade (an office and retail property) and development of a multifunctional event space on a site adjacent to 313@somerset.

LREIT is managed by Lendlease Global Commercial Trust Management Pte. Ltd., an indirect wholly-owned subsidiary of Lendlease Corporation Limited. Its key objectives are to provide unitholders with regular and stable distributions, achieve long-term growth in distribution per unit and net asset value per unit, and maintain an appropriate capital structure.

About the Sponsor - Lendlease Corporation Limited

Lendlease Corporation Limited is a market-leading Australian integrated real estate group. Headquartered in Sydney, it is listed on the Australian Securities Exchange.

Its core capabilities are reflected in its operating segments of Investments, Development and Construction. The combination of these three segments provides them with a sustainable competitive advantage in delivering innovative integrated solutions for its customers. For more information, please visit: www.lendlease.com.

For more information on LREIT, please contact Investor Relations:

Lendlease Global Commercial Trust Management Pte. Ltd.
Ling Bee Lin
enquiry@lendleaseglobalcommercialreit.com
Tel: +65 6671 7374

Important Notice

This press release is for information purposes only and does not constitute or form part of an offer, invitation or solicitation of any offer to purchase or subscribe for any securities of Lendlease Global Commercial REIT (“LREIT”) in Singapore or any other jurisdiction nor should it or any part of it form the basis of, or be relied upon in connection with, any contract or commitment whatsoever.

The value of units in LREIT (the “Units”) and the income derived from them may fall as well as rise. Units are not obligations of, deposits in, or guaranteed by Lendlease Global Commercial Trust Management Pte. Ltd. (the “Manager”), DBS Trustee Limited (as trustee of LREIT) or any of their affiliates.

This press release may contain forward-looking statements that involve risks and uncertainties. Actual future performance, outcomes and results may differ materially from those expressed in forward-looking statements as a result of a number of risks, uncertainties and assumptions. Representative examples of these factors include (without limitation) general industry and economic conditions, interest rate trends, cost of capital and capital availability, competition from similar developments, shifts in expected levels of property rental income, changes in operating expenses, (including employee wages, benefits and training costs), property expenses and governmental and public policy changes and the continued availability of financing in the amounts and the terms necessary to support future business.

An investment in Units is subject to investment risks, including the possible loss of the principal amount invested. Holders of Units (“Unitholder”) have no right to request the Manager to redeem or purchase their Units while the Units are listed. It is intended that Unitholders may only deal in their Units through trading on Singapore Exchange Securities Trading Limited (“SGX-ST”). Listing of the Units on SGX-ST does not guarantee a liquid market for the Units.

This press release is not to be distributed or circulated outside of Singapore. Any failure to comply with this restriction may constitute a violation of United State securities laws or the laws of any other jurisdiction.

The past performance of LREIT is not necessarily indicative of its future performance. 

http://mrem.bernama.com/viewsm.php?idm=50263

COMMAND ALKON UNVEILS NEXT-GENERATION PLATFORM FOR APAC MARKET

KUALA LUMPUR, Feb 5 (Bernama) -- Command Alkon, a software and solutions provider for the heavy building materials industry, has introduced its next-generation platform, Command Cloud, to the Asia Pacific (APAC) market.

The platform offers an all-in-one cloud solution for managing business processes, including inventory management and back-office functions, for heavy building materials companies, according to a statement.

Command Cloud harnesses the full spectrum of cloud-native advantages, ensuring scalability, resiliency, global reach, and exceptional resource efficiency. Unlike traditional databases, its no Structured Query Language (SQL) technology effortlessly scales to handle peak demand and deliver a consistent and secure user experience.

With uncompromising uptime and resilience, Command Cloud is designed to withstand and swiftly recover from disruptions, reduce total cost of ownership, and remove operational complexities, allowing businesses to invest in other areas to improve top-line profitability.

Leveraging machine learning and generative artificial intelligence, predictive analytics, and decision-making tools are tailored to meet the specific needs of Ready Mix, Aggregate, and Asphalt suppliers. These tools empower users to make informed decisions and drive growth in their unique business landscapes.

In 2024, the company announced a US$20 million investment to accelerate the rollout of cloud-based solutions, and the first products from that investment will be delivered to the APAC market in the second quarter of 2025.

The investment also supports the completion of the development of Aggregates and Asphalt Cloud software offerings, including Bulk Dispatch and Scale Ticketing in 2025.

Command Cloud solutions also incorporate Internet of Things (IoT) technologies for remote management and self-diagnostics, enhancing the user experience. With a focus on creating a seamless experience across software and hardware, Command Alkon aims to drive the future of the heavy building materials industry.

Command Alkon has also invested in a modern user interface for its Dispatch feature, designed through continuous testing and user feedback. This intuitive interface is available on any device and offers customisable analytics dashboards to help businesses track performance and improve profitability.

Command Cloud’s open application programming interface (API) strategy allows businesses to tailor solutions to their specific needs, and its Connected Partner Program aims to drive industry innovation by collaborating with forward-thinking companies.

However, the technology is currently unavailable in China and India.

-- BERNAMA

ANAQUA REVEALS GROWTH IN US PATENT GRANTS, INNOVATION TRENDS FOR 2024

KUALA LUMPUR, Feb 3 (Bernama) -- Anaqua, a provider of innovation and intellectual property (IP) management technology solutions, has released its annual United States Patent and Trademark Office (USPTO) data analysis, revealing a nearly six per cent increase in patent grants over the past year.

According to Anaqua in a statement, the total number of granted patents reached 368,597, was based on the analysis conducted using its AcclaimIP patent analytics software.

Anaqua chief executive officer, Bob Romeo said the surge in global patent activity highlights continued investment in emerging technologies.

“Our market leading AcclaimIP solution helps clients search over 165 million patents helping them to analyse IP in order to determine patentability and assess the competitive patent landscape,” he said.

Samsung Electronics remains at the forefront of innovation, leading with 10,427 granted patents. Its key growth areas include organic light-emitting solid-state devices and electric data processing interfaces.

Taiwan Semiconductor Manufacturing Company (TSMC), LG Corp, Qualcomm, and Apple round out the top five companies, with Apple’s focus on multi-use digital and wireless communication technologies propelling it into the list.

In terms of countries, US-based companies led globally with 157,955 patents, despite a slight three per cent decrease from the previous year. Japan, China, South Korea, and Germany followed, with the latter leading Europe.

Technology areas with the highest number of patent grants include semiconductor technology, artificial intelligence (AI), medical innovations, 5G, and virtual reality (VR). Notably, semiconductor patents saw significant growth, while AI patent grants also increased, with innovations in machine learning, image recognition, and biological-related AI.

Anaqua’s report serves as a benchmark for tracking global patent trends, highlighting the strong growth in semiconductor and AI-related innovations, which contribute to a thriving invention ecosystem across industries.

-- BERNAMA

AACSB APPROVES GLOBAL STANDARD-SETTING FRAMEWORK, PAVING THE WAY FOR THE NEXT ERA OF BUSINESS EDUCATION STANDARDS

Transformative Initiative to Shape the Future of Business Education


TAMPA, Fla., Feb 4 (Bernama-GLOBE NEWSWIRE) -- AACSB International (AACSB), the world’s leading accrediting body for business schools, has approved the AACSB Global Standard-Setting Framework. This framework formalizes the process for revising business education standards and establishes a structured five-year review cycle. This initiative reaffirms AACSB’s position as the global authority on business education quality and impact.

The AACSB Board of Directors has charged Chief Accreditation Officer Stephanie Bryant with implementing the new framework and initiating a review and revision of the current standards. A global task force comprising key stakeholders from across the business education ecosystem will oversee the revision process to ensure alignment with the evolving needs of business schools, industry, and society.

Anticipated to launch on July 1, 2026, the revised standards will be released as The Global Standards for Business Education™. This initiative reinforces AACSB’s mission to advance the quality and impact of business education, providing more than 17,000 business schools worldwide with a structured framework for continuous improvement and global impact.

“For over a century, AACSB has been the de facto global standard-setting body for business education, guiding institutions toward quality, excellence, and impact,” said Lily Bi, President and CEO of AACSB. “As the business education landscape continues to evolve, AACSB is committed to ensuring that business schools remain agile, innovative, and aligned with industry and societal needs.”

The standards revision process will include an exposure draft and a public comment period, allowing for broad engagement from AACSB’s global community. The final version of The Global Standards for Business Education™ is expected to be voted on at the Annual Business Meeting in April 2026, with official implementation on July 1, 2026.

“The updated standards will provide all business schools with a clear, future-ready framework to drive excellence and innovation,” said Sherif Kamel, Chair of AACSB’s Board of Directors and Dean of Onsi Sawiris School of Business, The American University in Cairo.

About AACSB International 

Established in 1916, AACSB International (AACSB) is the world’s largest business education association, representing 1,900 institutional members and 1,000 accredited schools, connecting business schools, businesses, and lifelong learners to create the next generation of great leaders. With members in over 100 countries and territories, AACSB elevates the quality and impact of business schools globally. Learn how AACSB and business schools from around the world are leading boldly in business education at aacsb.edu. 

Media Contact:
Andrew Thriffiley
PR Manager, AACSB International
andrew.thriffiley@aacsb.edu
+1 813-769-6500

SOURCE : AACSB International

ZENAS BIOPHARMA TO PRESENT AT GUGGENHEIM SMID CAP BIOTECH CONFERENCE ON FEB 5

KUALA LUMPUR, Feb 3 (Bernama) -- Zenas BioPharma Inc, a clinical-stage global biopharmaceutical company, has announced its management team will present in a fireside chat at the Guggenheim SMID Cap Biotech Conference on Feb 5.

According to a statement, the presentation will be available via a live webcast, and an archived replay can be accessed under the "Events and Presentations" section of the Investor & Media Relations page on the Zenas BioPharma website.

Zenas is committed to becoming a leader in the development and commercialisation of transformative immunology-based therapies, aiming to improve the lives of those facing autoimmune and rare diseases.

-- BERNAMA

KIOXIA AISAQ TECHNOLOGY TO ENHANCE AI RETRIEVAL PERFORMANCE WITHOUT DRAM DEPENDENCY

KUALA LUMPUR, Feb 3 (Bernama) -- Kioxia Corporation, a world leader in memory solutions, has announced the open-source release of its new All-in-Storage ANNS with Product Quantization (AiSAQ) technology.

A novel "approximate nearest neighbour" search (ANNS) algorithm optimised for solid-state drives (SSDs), KIOXIA AiSAQ software delivers scalable performance for retrieval-augmented generation (RAG) without placing index data in DRAM and instead searching directly on SSDs.

Generative artificial intelligence (AI) systems demand significant compute, memory, and storage resources. While they have the potential to drive transformative breakthroughs across various industries, their deployment often comes with high costs.

Meanwhile, RAG is a critical phase of AI that refines large language models (LLMs) with data specific to the company or application.

A central component of RAG is a vector database that accumulates and converts specific data into feature vectors in the database. It also utilises an ANNS algorithm, which identifies vectors that improve the model based on similarity between the accumulated and target vectors.

KIOXIA AiSAQ technology provides a scalable and efficient ANNS solution for billion-scale datasets with negligible memory usage and fast index switching capabilities with key benefits, including allowing large-scale databases to operate without relying on limited DRAM resources, enhancing the performance of RAG systems.

In addition, the technology eliminates the need to load index data into DRAM, enabling the vector database to launch instantly, while also optimising for cloud systems by storing indexes in disaggregated storage for sharing across multiple servers.

Kioxia is demonstrating its commitment to advancing AI by contributing its innovative KIOXIA AiSAQ technology to the community as open-source software.

-- BERNAMA

CARBONAI, GREENPLINTH AFRICA JOIN FORCES FOR MAJOR CLEAN COOKSTOVE PROGRAMME IN NIGERIA

KUALA LUMPUR, Feb 3 (Bernama) -- CarbonAi Inc and Greenplinth Africa Limited have entered into an agreement under which CarbonAi will provide its software tools to support the digital measurement, reporting and verification (DMRV) of greenhouse gas (GHG) reductions from a large-scale clean cookstove programme to be developed by Greenplinth Africa in Nigeria.

The programme will distribute millions of clean cookstoves to households across Nigeria and Africa over the next five years, drastically reducing deforestation, GHG emissions, respiratory illness, gender inequality, and other issues associated with traditional open-fire cooking, according to a statement.

“Scaling clean cooking is absolutely critical in any GHG mitigation pathway but it will only happen if project investors and carbon credit buyers have confidence in the integrity of underlying reductions.

“We look forward to helping Greenplinth Africa generate the highest quality emission reductions possible, thereby ensuring that the programme will reach its full potential,” said CarbonAi’s Chief Carbon Officer, Yvan Champagne.

Meanwhile, Greenplinth Africa President and Chief Executive Officer, Dr Olawale Akinwumi said the provision of free clean cookstoves is set to transform the lives of millions of Nigerians, particularly women and children, who are disproportionately affected by the harmful effects of traditional cooking practices.

Clean cookstoves are a critical project type for achieving sustainable development benefits in economically disadvantaged regions and are often financed through the sale of carbon credits resulting from the displacement of open-fire cooking by highly efficient, cleaner-burning stoves.

Carbon-financed cookstove projects have been subject to intense scrutiny related to the accuracy and reliability of conventional quantification methods, putting the continued financing of such projects and the many benefits they generate at grave risk.

CarbonAi has developed Spark, a patent-pending suite of tools for the end-to-end quantification, verification, issuance and management of high-integrity GHG reduction outcomes from cookstove projects, including a proprietary stove use meter to monitor and precisely measure cookstove usage.

Spark was developed to bridge the gap between existing carbon market infrastructure and the emerging digital carbon market ecosystem to provide irrefutable proof of claimed GHG reductions, helping project developers to deliver high-integrity, high-value carbon credits.

-- BERNAMA

GROWING AI INVESTMENT FOR NETWORK MANAGEMENT SPARKS DIFFERING STRATEGIES

^{Growing AI Investment for Network Management Sparks Differing Strategies (Graphic: Business Wire)}


Today, 58% of senior leadership report their organizations have fully implemented AI for network management, yet priorities differ across businesses based on risk and role profiles

SANDY, Utah, Jan 31 (Bernama-BUSINESS WIRE) -- According to new research by Opengear, a Digi International company (NASDAQ, DGII, www.digi.com), 57% of network engineers expect their organizations’ investment in AI for network management to increase by more than 25% over the next 2 to 3 years. And 49% of CIOs (Chief Information Officers) and CSOs (Chief Security Officers) agree. Yet, 70% of engineers believe the expected increase in investment is not fully sufficient to meet business goals.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250130822145/en/

 

The survey, which polled over 1,000 CIOs, CSOs, and network engineers across the UK, US, France, Germany, and Australia, explores the perspectives of leadership and technical teams regarding AI in network management and cybersecurity. While both groups recognize AI’s potential, differences arise around how to address barriers and priorities for implementation.

When it comes to adopting AI, network engineers see high initial investment costs (29%) as the biggest barrier holding their organization back from fully implementing it for network management, while CIOs and CSOs rank it below regulatory and compliance issues (cited by 36%) and lack of skilled personnel to manage AI systems (30%).

In addition to the differing concerns about how to manage resources for successful AI integration, there is also a discrepancy in how each group is preparing for AI. Senior leaders are prioritizing continuous monitoring and real-time analytics (32%), while network engineers believe the focus should be on training and development for IT staff (31%) and enhancing network resilience (26%).

The survey also highlights AI's role in cybersecurity. Two thirds (66%) of CIOs and CSOs have allocated only 4% to 10% of their IT and cybersecurity budget to AI for network management in the last financial year. But this is where network engineers see AI having a significant impact, with 69% believing that integrating AI will improve their organization's ability to respond to cybersecurity incidents.

“The research pinpoints a difference in focus between the C-suite and network engineers, shaped by their respective roles and where they are in their AI implementation journey,” said Patrick Quirk, SVP and General Manager, Opengear. “Leadership and technical teams naturally see risk differently, which leads to varying priorities within a shared vision. The findings clearly demonstrate a shared recognition of AI’s transformative potential.”

Quirk added, “AI can revolutionize network and risk management. However, ensuring collaboration among senior leadership is crucial to effectively align their investments. By bringing the C-suite and network engineering perspectives together, businesses can create a unified strategy that supports AI-driven innovation and business goals.”

Differences in perspective extend to AI leadership. The CIO is ultimately responsible for the rollout of AI in network management, say 29% of senior leaders, followed by the CSO (19%). Network engineers, however, believe the CSO should take the lead (22%), reflecting their emphasis on security expertise.

To obtain the full report or discuss how to implement the optimal AI strategy for your organization’s network management needs, contact Opengear.

About Opengear

Opengear, a Digi International company, delivers secure, resilient access and automation to support critical IT infrastructure on the First Day, Worst Day, and Every Day. Through presence and proximity, Opengear solutions enable provisioning, orchestration, and remote management of network devices through innovative software and appliances. Opengear solutions are trusted by global organizations across financial, digital communications, retail, and manufacturing sectors. The company is headquartered in New Jersey, with an R&D center in Brisbane, Australia. For more information, visit www.opengear.com/.

About Digi International

Digi International (NASDAQ: DGII) is a leading global provider of business and mission-critical Internet of Things (IoT) connectivity products and solutions. We help our customers create next-generation connected products and solutions to deploy, monitor, and manage critical communications infrastructures and compliance standards in demanding environments with high levels of security, relentless reliability, and bulletproof performance. Founded in 1985, the company has helped customers connect more than 100 million things — and counting. For more information, visit www.digi.com, or call 877-912-3444 (U.S.) or 952-912-3444 (International).

View source version on businesswire.com: 
https://www.businesswire.com/news/home/20250130822145/en/


Contact

Opengear Media Contact
Peter Ramsay / Lora Metzner
Global Results Communications
open@globalresultspr.com
+1 949.307.5908

Source : Opengear

AvePoint Seeks Dual Listing On Singapore Exchange To Expand APAC Presence

KUALA LUMPUR, Jan 27 (Bernama) -- AvePoint, a data security, governance, and resilience company, has submitted an application for a dual listing of its common stock on the Singapore Exchange Securities Trading Limited (SGX-ST), in addition to its current Nasdaq Global Select Market listing.

Its Chief Executive Officer and Co-Founder, Dr Tianyi Jiang (TJ) said this move aligns with AvePoint’s strategy to broaden its presence in the Asia-Pacific (APAC) region, where the company has built a strong track record.

“We established a presence in Singapore in 2009 and since then have fostered strong relationships with governmental organisations and corporations in the region; today, Singapore serves as our Asia headquarters and international R&D hub.

“Finally, we believe that our consistent execution and strong financial performance, both globally and particularly in APAC, will make us attractive to APAC-focused investors seeking in-region high quality B2B SaaS opportunities,” he said in a statement.

However, the company has not yet finalised the timing, terms, or conditions for the listing and may ultimately decide not to proceed with the SGX-ST listing.

AvePoint has over 21,000 customers worldwide and its global channel partner programme includes over 3,500 managed service providers, value added resellers and systems integrators, with its solutions available in more than 100 cloud marketplaces.

-- BERNAMA

SOFTSMILE AND CLEARCORRECT ANNOUNCE SETTLEMENT

NEW YORK, Jan 27 (Bernama-GLOBE NEWSWIRE) -- SoftSmile, Inc., ClearCorrect Operating, LLC, and Institut Straumann AG announce that they have amicably settled all litigation and legal disputes between them. The companies had been engaged in several legal disputes in the United States and Pakistan.

About SoftSmile
SoftSmile is a New York-based technology company that helps orthodontists to deliver custom, high-quality, and affordable treatment to their patients. Established in 2020, SoftSmile designs and develops an advanced, AI-driven orthodontic software that applies innovative approaches in a user-friendly interface. This product gives orthodontists unparalleled control and precision of the treatment they deliver to their patients. SoftSmile was created by doctors, for doctors. Learn more at https://softsmile.com/. 

http://mrem.bernama.com/viewsm.php?idm=50228

CT SEMICONDUCTOR CONCLUDES "SEED TRAINING" COURSE TO BOOST VIETNAM'S SEMICONDUCTOR WORKFORCE

KUALA LUMPUR, Jan 27 (Bernama) -- CT Semiconductor, a member of CT Group, has concluded its first “Seed Training - Train for the Trainer” course on assembly, test, and packaging (ATP) of semiconductor chips at the National Innovation Center (NIC) in Hanoi.

The course was organised with the goal of collaborating with the Government to develop high-quality human resources in the semiconductor industry, aligning with the direction set by the Prime Minister on the Strategy for the Development of Vietnam’s Semiconductor Industry to 2030, with a vision towards 2050.

According to a statement, the course was designed and included direct instruction from foreign experts with over 20 years of experience in the industry as well as comprehensive support from CT Semiconductor, covering tuition, living expenses, and transportation for all participants.

This demonstrates the company’s strong commitment to contributing to the sustainable development of Vietnam’s semiconductor industry while aligning closely with the Government’s strategy for the industry’s growth.

A CT Semiconductor representative said: “We understand that human resources are the key to realising the vision of making Vietnam a leading semiconductor technology hub in the region.

“With this course, CT Semiconductor not only meets the workforce needs of our factories but also supports foreign semiconductor companies investing and expanding their operations in Vietnam.”

Meanwhile, a representative from NIC emphasised the importance of initiatives like this course in building a skilled workforce to meet both domestic and international demands in the semiconductor industry.

“CT Semiconductor’s role in leading human resource training initiatives will contribute to the national goal of having 50,000 engineers and bachelors serving the semiconductor industry by 2030,” said the representative.

By investing in education and technology development, CT Semiconductor is contributing to building a sustainable foundation for the semiconductor industry, joining hands to gradually make Vietnam an important semiconductor technology hub in the region and the world.

-- BERNAMA