DARE-19 PHASE III SHOWS TREATMENT’S WELL-ESTABLISHED SAFETY PROFILE CONSISTENT IN COVID-19 PATIENTS

KUALA LUMPUR, July 30 (Bernama) -- The findings of DARE-19, a double-blind, placebo-controlled Phase III trial examining Dapagliflozin in patients with cardiometabolic risk factors hospitalised with COVID-19, have been published in The Lancet Diabetes & Endocrinology. 

The study was a collaboration of George Clinical, a global scientifically-backed clinical research organisation and Saint Luke’s Mid America Heart Institute and was funded by AstraZeneca, according to a statement.

“In a month, we broke down barriers to go from concept to our first patient in the trial, and the team displayed extraordinary commitment needed to successfully manage this research during this pandemic personally and professionally,” said George Clinical Chief Business Officer, Sean Hart. 

Prior to the study, it was established that patients hospitalised with COVID-19 with cardiometabolic risk factors had an elevated risk of organ failure and death.

DARE-19 was the first large, randomised controlled study of hospitalised patients with COVID-19 to evaluate the safety and efficacy of SGLT2 inhibitors.

Detailed results from the primary analysis of the DARE-19 Phase III trial assessing the potential of Farxiga (dapagliflozin), a sodium-glucose cotransporter 2 (SGLT2) inhibitor, to treat patients hospitalised with COVID-19 who are at risk of developing serious complications, showed the trial did not achieve statistical significance for the two primary endpoints. 

However, there were numerically fewer events of death or new or worsened organ dysfunction in the Farxiga group compared with placebo.

The primary endpoint of prevention was defined as new or worsened respiratory, cardiovascular or kidney organ dysfunction during hospitalisation or death from any cause during the 30-day treatment period.

Numerically fewer events were observed in the Farxiga group across all components of this composite endpoint. Cardiac, renal and metabolic comorbidities have been associated with poor outcomes and death in patients hospitalised with COVID-19.

 The second primary endpoint of recovery, which assessed change in clinical status (improvement or deterioration) compared to baseline, showed no overall difference between the treatment groups. 

More details at https://www.georgeclinical.com.

-- BERNAMA

JUMIO ANNOUNCES ANNA CONVERY AS CHIEF MARKETING OFFICER

Addition of CMO position underscores company’s continued and amplified growth in the digital identity space and ability to attract innovative, top-caliber talent

PALO ALTO, Calif., July 28 (Bernama-BUSINESS WIRE) -- Jumio, the leading provider of AI-powered end-to-end identity verification and eKYC solutions, today announced the addition of Anna Convery as chief marketing officer.

Convery joins Jumio from Radware, a leading cybersecurity provider, where she held the global position of chief marketing officer for nearly five years. In this role she was responsible for the marketing strategy that shaped the future of the Radware brand while directly increasing the marketing contribution to drive revenue and increase market share. Prior to Radware, Convery held marketing, sales and product management roles at OpenSpan and NICE Systems Ltd. With extensive experience in cybersecurity, AML, fraud, robotic process automation, voice analytics, biometrics, enterprise customer experience and customer journey analytics, Convery focuses on building highly scalable, highly optimized marketing functions that deliver revenue and market value. 

Convery’s appointment is the latest development in a landmark year for Jumio in which the company grew revenue and sales over 150% in Q2 2021, achieved all-time record sales for its end-to-end AML compliance solutions, welcomed Bala Kumar as chief product officer and secured a $150 million investment from Great Hill Partners. 

“I am so proud to welcome Anna to the team. It’s because of Jumio’s position as a leader in the digital identity market that we’re able to continuously attract top-caliber talent across all functions, from sales and marketing to technology, innovation and customer experience,” said Robert Prigge, Jumio CEO. “Anna’s experience in building powerful, public brands will be invaluable to Jumio as we accelerate our growth strategy.” 

Convery, recognized as a Woman of the Year in Technology by the Georgia chapter of Women in Technology, is a longtime advocate for the advancement of STEM education and professional development for women and girls. 

“I am delighted to join a global world-class leadership team and to help further Jumio’s mission to make the internet a safer place. I very much look forward to working with Jumio’s extensive and ever-growing network of customers and partners,” Convery said. 

To learn more about Jumio and its award-winning, AI-powered identity solutions, visit jumio.com.  

http://mrem.bernama.com/viewsm.php?idm=40625

TOSHIBA STARTS MASS PRODUCTION OF 12 NEW DEVICES IN M4K GROUP FOR MOTOR CONTROL

KUALA LUMPUR, July 29 (Bernama) -- Toshiba Electronic Devices & Storage Corporation (Toshiba) announced it has started the mass production of 12 new devices in the M4K group for motor control as the first products of the TXZ+™ family advanced class.

It will start mass production of another 10 products in the M4M group in August this year, according to a statement.

Both the M4K and M4M groups of microcontrollers will be manufactured in a 40nm process, and belong to the TXZ4A+ series.

These products use Arm Cortex-M4 core with FPU, running up to 160MHz, and integrating motor control circuit A-PMD (advance-programmable motor driver), 32-bit encoder A-ENC (advanced-encoder) and vector engine A-VE+ (advanced vector engine plus).

These devices provide suitable solutions for AC motor, brushless DC motor and various inverter controls with a maximum of three units of high-speed and high-resolution 12-bit analog/digital converters.

Devices in the M4K group have UART, SPI and I²C integrated as general communication interfaces, and the M4M group additionally has a CAN communication interface.

Both groups achieve low current consumption and high functionality while maintaining good compatibility with existing TXZ™ family M4K(2) group.

Documentations, sample software with example of actual usage, evaluation boards and driver software which control interfaces for each peripheral are provided together with parts shipment. 

A development environment is also provided to support various needs in cooperation with global Arm ecosystem partners.

More details at https://toshiba.semicon-storage.com/ap-en/top.html.

-- BERNAMA

Uniphore to Acquire Jacada to Transform Customer Experience with Advanced AI and Low Code/No Code Automation

Uniphore + Jacada will become the only low code/no code automation provider with multimodal AI and RPA

PALO ALTO, Calif. & ATLANTA, Ga. & HERZILYA, Israel, July 28 (BUSINESS WIRE) --

Uniphore, a leader in Conversational Service Automation (CSA), today announced its agreement to acquire Jacada, a customer experience pioneer with the industry’s leading low code/no code platform for contact center automation. Jacada’s advanced automation software brings a proven track record of solving complex contact center challenges and empowering the design and implementation of transformational customer experiences quickly and easily.

Combined with Jacada’s innovative low code/no code platform, Uniphore’s industry-leading conversational automation platform will empower businesses to easily automate key interactions across self-service and agent-assisted customer engagements. With this comprehensive platform, business users can realize state-of-the-art digital transformation, resulting in significant ROI.

When integrated with Uniphore’s conversational AI and automation solutions, along with Jacada’s deep experience spanning decades focused on contact centers, the joint solution will deliver significant benefits to customers, including:

• Business user-friendly interface with a low code/no code platform that empowers business users to generate interaction flows for increased automation and fast, easy implementation.
• Optimized and customizable AI models for different industry verticals.
• Workflow and Robotic Process Automation (RPA) for both multi-modal self-service and agent assisted interactions.
• Fully scripted and AI-enabled next-best action to guide both the customer and the agent.
• Enhanced knowledge-base guidance for increased agent efficiency and accuracy.
• Highly automated agent after-call work (ACW) summaries and call disposition
• Automatic logging of promises made during agent interaction and managing the fulfillment post call.
• End-to-end post interaction analytics and insights.

The acquisition comes at a time when enterprises are having more conversations with their customers over multiple mediums and modes of communications. Currently, the market is heavily fragmented with point solutions across self-service, agent-assist, analytics, security, front-office, back office and RPA products.

Upon closing the acquisition of Jacada, and with Uniphore's January 2021 acquisition of Emotion Research Labs , Uniphore will be the only vendor to provide proven low code/no code capabilities along with best-of-breed voice and video AI, including self-service, intelligent in-call agent assist, complete natural language after-call work summaries, trusted agent solutions and post interaction analytics. Now, customers can truly deliver front office and back-office automation across every customer and agent interaction, truly optimizing every conversation, in a simplified, business-friendly UX environment and desktop.

“Today, I welcome the Jacada team and celebrate the announcement that will ultimately bring cutting-edge low code/no code technology to our portfolio along with a very talented team of professionals who will supercharge the Uniphore innovation engine,” said Umesh Sachdev, CEO and Co-founder of Uniphore. “I am very excited to have the Jacada team join us as we work together to bring our customers new ways to quickly and easily build and deliver transformative customer experiences.”

"Our customers rely on us to bring them the latest and greatest solutions to help them grow their business,” said Yochai Rozenblat, CEO of Jacada. “We are stoked about joining forces with a team who is both experienced and passionate about contact centers, customer experience, and intelligent automation. Looking at what Uniphore has developed across such a wide range of applications and areas, we know that together, we will truly lead the industry in new and exciting ways, combining advanced automation and AI capabilities to deliver solutions that create lasting value and differentiation for our customers.”

Subject to completing customary closing conditions, the Jacada team, its intellectual property, and products will become part of Uniphore, enabling Uniphore to continue to deliver industry-leading products and services for their global joint customer base. Specific financial terms and other details of the deal are not being disclosed.

About Jacada

Jacada is the leading provider of contact center automation software, recognized for its unified intelligent virtual agent and robotic process automation capabilities. Contact center and customer experience leaders at Fortune 1000 companies trust Jacada with assisting customers and customer service employees during moments that matter. Business analysts and developers use our low code automation platform to build and launch real-time assistance solutions leveraging AI and RPA in weeks and realize return on investment in months.

About Uniphore

Uniphore is the global leader in Conversational Service Automation. The Company’s vision is to disrupt an outdated customer service model by bridging the gap between human and machine using voice, AI and automation to ensure that every voice, on every call, is truly heard. Uniphore enables businesses globally to deliver transformational customer service by providing an automation platform where digital agents take over transactional conversations from humans, coach agents during calls, and accurately predict language, emotion and intent. All in real-time. With Conversational Service Automation, enterprises can now engage their customers to effectively build loyalty, improve customer experience and realize operational efficiencies.

For more information on the news and additional assets, please visit: www.uniphore.com/jacada

Follow our blog and connect with us on LinkedIn, Twitter, Facebook, and Instagram.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210727005553/en/

Contact

MEDIA CONTACTS:
North America
Marjaneh Ravai, Uniphore
Mobile: 650.346.3756
marjaneh.ravai@uniphore.com

India / Asia Pacific:
Cynanda Noronha, Uniphore
+91 9008026309
Cynanda@uniphore.com

Source : Uniphore 

ACCELERATE UNVEILS DIGITAL PLATFORM LAUNCH

KUALA LUMPUR, July 28 (Bernama) -- Accelerate has entered the global health ecosystem as a purpose-built digital platform driving 365 healthcare transformation by connecting health professionals to insights from peers and thought leaders, professional development tools, networking opportunities and curated content — anytime, anywhere.

Accelerate's initial development has come from HIMSS, the global adviser and thought leader supporting transformation of the health ecosystem through information and technology, according to a statement.

Accelerate is a natural extension of HIMSS's origins and foundation as a member-driven society, and is an innovative solution aimed to support members, partners and the global health ecosystem 365 days a year.

“With unparalleled relationships among healthcare providers, industry executives, and public entities, Accelerate will be a digital platform that convenes a variety of health stakeholders,” said HIMSS president and chief executive officer, Hal Wolf.

With Accelerate, professionals from all parts of the healthcare ecosystem have access to a highly personalised platform tailored to their unique needs.

Organisations benefit from radically improved ways of managing, supporting, and developing their staff and members, while suppliers enjoy unmatched access to market insights, as well as innovative ways to engage with customers.

Additionally, Accelerate will seamlessly integrate with curated 3rd party offerings — thereby empowering industry-leading partners to distribute their digital products and services through the platform 365 days a year.

Accelerate is available to all HIMSS members, individual users, as well as enterprises, organisations, and associations interested in getting access for their members.

More details at www.youraccelerate.com.

-- BERNAMA

BLACK & VEATCH LEADS POINT-OF-USE HYDROGEN PRODUCTION FOR VEHICLE FUEL STUDY

KUALA LUMPUR, July 29 (Bernama) -- Black & Veatch has been commissioned by Artificial Intelligence business Empati, to deliver a study into the feasibility of using distributed production of green hydrogen to fuel vehicle fleets.

According to a statement, Black & Veatch will provide an economic, logistical and technical assessment of onsite, on-demand hydrogen production’s potential as a fuel for fleet operators seeking to decarbonise.

“We will establish the technical requirements and the economic model for distributed renewable generation to power small-scale on-site hydrogen production,” said Advanced Power Fuels Engineer, Black & Veatch, Jonathan Cristiani.

“Because commercial viability requires a supply chain capable of supporting a network of distributed green hydrogen facilities, our study addresses the entire ‘hydrogen ecosystem,’ not just the technology.”

Empati Co-CEO Gopal Ramchurn said: “We see green hydrogen as a digital fuel that is a perfect fit for a decentralised set-up such as networks of filling stations or fleet depots. We look to deploy our technology globally, partnering with the most innovative companies across the hydrogen supply chain.”

Black & Veatch’s study will seek to confirm that small-scale distributed hydrogen production at the point of use offers a viable alternative in achieving competitive price points.

The study, undertaken by Black & Veatch’s Hydrogen Technology Group, will build upon the company’s experience in developing hydrogen vehicle fuel infrastructure and distributed hydrogen power assets, as well as project experience that establishes hydrogen as a viable piece of the future of decarbonisation.

The study will be carried out along with a collaborative project to integrate Empati’s AI platform with Black & Veatch’s Asset 360 platform.

More details at www.bv.com.

-- BERNAMA

RIPPLE, SBI REMIT START ON-DEMAND LIQUIDITY, ACCELERATING JAPAN'S CROSS-BORDER PAYMENTS

KUALA LUMPUR, July 28 (Bernama) -- Ripple, the leading provider of enterprise blockchain and cryptocurrency solutions for global payments, has announced the launch of RippleNet’s first live On-Demand Liquidity (ODL) service implementation in Japan.

This is in collaboration with SBI Remit Co Ltd, the largest money transfer provider in Japan, and one of the leading mobile wallet services in the Philippines, Coins.ph.

This expanded partnership will see SBI Remit connect with Coins.ph and digital asset exchange platform SBI VC Trade on RippleNet for faster and more affordable cross-border payments from Japan to the Philippines.

With ODL now available in Japan, RippleNet customers can leverage the digital asset XRP to eliminate pre-funding and reduce operational costs, unlocking capital and fuel the expansion of their payment businesses.

“The expansion of our relationship with SBI Remit to kickstart RippleNet’s ODL service in Japan marks a major milestone in one of our largest markets. SBI Remit has been a leader when it comes to embracing new technology to deliver the best customer experience,” said Asheesh Birla, General Manager of RippleNet at Ripple, in a statement.

Driven by long-term growth trends of foreign workers and cross-border e-commerce in Japan, there is an expected increase in low-value, high-frequency remittances.

The Filipino diaspora is currently the third largest in Japan – in 2020, remittance flows from Japan to the Philippines sent by overseas Filipino workers totalled approximately US$1.8 billion. (US$1 = RM4.232)

“We see tremendous potential in leveraging blockchain technology to transform not only the way payment transactions are made but in how we manage our business by unlocking trapped capital,” said SBI Remit Representative Director, Nobuo Ando.

Asia Pacific is one of the fastest growing regions for Ripple with transactions growing 130 per cent year-over-year.

-- BERNAMA

CLOUDFLARE TO CREATE NEW BLUEPRINT FOR ZERO-EMISSIONS INTERNET

KUALA LUMPUR, July 28 (Bernama) -- Cloudflare Inc, the security, performance, and reliability company helping to build a better Internet, has announced it would help power an Internet with zero carbon emissions.

Now, not only will one of the world's largest and most interconnected networks operate on 100 per cent renewable energy, but Cloudflare will also remove all historical carbon its global network has emitted since its founding by 2025.

According to a statement, any Internet property on Cloudflare’s network — which today already consists of 17 per cent of the web — will automatically reduce emissions and seamlessly contribute to a greener, more sustainable world.

“We want to give the Internet a clean slate to help build towards a future where it’s easy for anyone to create, build, and run their applications on green energy while remaining secure, fast, and reliable,” said Cloudflare co-founder and chief executive officer, Matthew Prince.

Cloudflare is also releasing sustainable edge computing services and energy efficient features to help organisations of any size build sustainability directly into their own applications, websites, and networks.

Businesses can choose to intelligently route traffic through data centres powered by renewable energy using Green Compute on Cloudflare Workers.

Customers can also understand and quantify their individual footprints and approximate savings from Cloudflare’s network in comparison to Internet averages with the Carbon Impact Report.

Furthermore, organisations that deploy websites on Cloudflare Pages will automatically operate on renewable energy and receive a green certification from The Green Web Foundation displayed through a verified badge.

Cloudflare is providing environmentally efficient solutions, giving organisations a seamless way to power compute with renewable energy; quantify their individual footprint and carbon savings from Cloudflare’s network; receive green certification on their websites by default; and, reduce unnecessary energy from search engines indexing the web.

More details at www.cloudflare.com.

-- BERNAMA

Leading men's grooming company MANSCAPED™ lands in Singapore

KUALA LUMPUR, July 28 -- MANSCAPED™, the booming grooming company and go-to brand for millions of men worldwide, has announced its launch in Singapore.

According to a statement, this is the first Asian market for the company and will serve as a catalyst for what will be an exciting rollout in this expansive and coveted region.

“As a first-generation immigrant from Vietnam, bringing MANSCAPED to Asia is an accomplishment that means a lot to me and much of the MANSCAPED team,” said MANSCAPED Founder and Chief Executive Officer, Paul Tran.

“Singapore is a really special place and the perfect stepping stone into this region. It is vast in diversity and immaculate in presentation - two qualities that mirror our brand’s core values.

“Our goal as a company is to enhance confidence in men from all walks of life and from all over the world; this launch profoundly impacts that mission.”

The time has come for the men of Singapore to get their hands on MANSCAPED’s wide collection of premium grooming products.

The full line of precision-engineered tools, unique formulations, and accessories are intelligently designed to level up their grooming routine, while also moving men forward.

This notion, combined with MANSCAPED’s vision to drive the movement that changes the face of male grooming, is catching on quickly on a global scale.

Recently debuted and all the rage among MANSCAPED’s massive fanbase is the brand’s newest innovation, The Lawn Mower 4.0®, a revolutionary electric trimmer.

MANSCAPED’s curated sets, including The Perfect Package 4.0 and The Performance Package 4.0, contain the essential devices and accessories for the ultimate personal care regimen, all wrapped up in an experiential luxury kit.

Concurrently, MANSCAPED is tapping the African market with its expansion into South Africa, officially shipping to the world’s two largest and most populous continents.

-- BERNAMA

FPT SOFTWARE INVESTMENT IN INTERTEC STRENGTHENS NORTH AMERICAN NEARSHORE DELIVERY

 

KUALA LUMPUR, July 26 (Bernama) -- Vietnam’s leading tech firm, FPT Software, has announced its investment in global IT services provider Intertec International (Intertec), aiming to strengthen its North American nearshore delivery capabilities.

With this strategic investment, FPT Software and especially its North America subsidiary, FPT USA Corp can secure access to Intertec’s nearshore technology delivery centres in Costa Rica and Colombia and tap into Intertec’s wealth of operational experience in Latin America (LATAM).

This deal enables FPT Software to address its clients’ increasing demand for Agile software engineering and bridge the time zone differences between its IT professionals and customers.

The investment enables Intertec to leverage FPT Software's resources, including its innovative digital products and services and its network of delivery centres worldwide, to take on larger projects from a global approach.

“This deal represents a strong commitment to our customers. Though the US is our focused market, investing in nearby destinations like Costa Rica and Colombia offers up to 30 per cent cost savings while still ensuring time-zone, language, and cultural alignment.

“We will also be gaining access to a highly-skilled IT workforce,” said FPT Americas Chief Executive Officer, Dang Tran Phuong, describing Costa Rica and Colombia as attractive service hubs and renowned outsourcing destinations in the LATAM region.

Meanwhile, Intertec International CEO Rickard Hedeby said: “The FPT Software investment will help us accelerate our growth and build out our infrastructure, technical capabilities and proprietary tools.”

According to a statement, the investment in Intertec International aligns with FPT Software’s strategy to optimise its mix of offshore, nearshore and onsite delivery models to support customers 24/7. FPT Software aims to become a billion-dollar IT and digital transformation services provider by 2024.

For more information, visit www.fpt-software.com.

-- BERNAMA

ZOOM ANNOUNCES GENERAL AVAILABILITY OF LATEST INNOVATIONS ZOOM APPS, ZOOM EVENTS

KUALA LUMPUR, July 22 (Bernama) -- Zoom Video Communications Inc has announced the general availability of its latest innovations, Zoom Apps and Zoom Events.

Zoom Apps seamlessly embeds third-party apps within the Zoom Meetings and desktop client experience, enhancing collaboration, productivity, and entertainment for today’s hybrid workforce.

Meanwhile, Zoom Events is an all-in-one platform for creating a wide range of interactive and immersive virtual events to reach and engage audiences.

“I’m thrilled to see our platform vision expand through Zoom Apps and Zoom Events, as the world embraces hybrid work, empowering the workforce today and into the future,” said Zoom Founder and Chief Executive Officer, Eric S. Yuan in a statement.

“These innovations will enhance the ways in which we connect and collaborate with our colleagues, clients, friends, family members, and others, improving productivity and collaboration while maintaining elements of fun and well-being.”

Zoom Apps expands the offerings of the Zoom App Marketplace, which already hosts over 1,500 third-party integrations. With Zoom Apps, users can boost productivity and stay focused on their workflows by incorporating favourite apps into their meetings.

There are over 50 Zoom Apps available now, ranging from enterprise to consumer use cases — including whiteboarding, project management, note-taking, and video games, with more in development and available soon.

A few Zoom Apps currently available include Asana; Dot Collector; Dropbox Spaces; Heads Up!; SurveyMonkey Enterprise by Momentive; and, Wellness That Works by WW.

Zoom Events gives organisations the power to create engaging hybrid and virtual experiences, enabling large and small businesses alike to seamlessly manage and host back-to-back event sessions from sales summits, customer events, trade shows, and internal events.

Zoom Events offers features such as event hubs, dedicated corporate virtual event spaces, customisable registration, and networking through a chat-enabled virtual event lobby.

.-- BERNAMA

 

CSOP ANNOUNCES CSOP CHINA HEALTHCARE DISRUPTION INDEX ETF LISTING ON THE HKEX

KUALA LUMPUR, July 21 (Bernama) -- CSOP Asset Management Limited (CSOP) has announced the listing of CSOP China Healthcare Disruption Index ETF (stock ticker: 3174.HK) on the Hong Kong Stock Exchange (the HKEX).

According to a statement, 3174.HK will track the performance of the Solactive China Healthcare Disruption Index (the Index).

With listing price at around HKD 7.8 per unit, trading lot of 100 shares and annual management fee of 0.99 per cent, CSOP China Healthcare Disruption Index ETF will start to trade on July 21. (HKD 100 = RM54.56)

Upon inception, 3174.HK has received around HKD 103 million initial investment.

Managing Director, Head of Business Development and Product Strategy & Solutions, Melody He said: “We are delighted to bring another future-themed ETF to our investors. The launch of 3174.HK enables investors to grasp the investment opportunities by pursuing a healthier life more easily and transparently.”

In 2020, the healthcare sector in the Hong Kong stock market showed strong growth momentum and received significant market interest with 23 newly-listed healthcare companies raising a total of HKD 98 billion.

To replicate the robust performance of the fast-growing healthcare industry in Greater China, the Solactive China Healthcare Disruption Index comprehensively invests in up to 35 most representative Hong Kong-listed companies with business operations in mainland China, Hong Kong, Taiwan and Macau.

Based on historical back-testing data, the Index achieves a return of 36.6 per cent over the prior 12 months.

Primarily adopting a physical representative sampling strategy to replicate the index, 3174.HK enables worldwide investors to grasp the investment opportunities of healthcare industry in an easy and transparent way.

As the pioneer ETF issuer in Hong Kong, CSOP has always been dedicated to providing ETFs/ETPs that not only serve the demands of asset allocation, but also present the prospects of investments, with 3174.HK being one of the important members of CSOP future-defining thematic ETFs.

-- BERNAMA

MARY KAY INC ADVOCATES FOR ADVANCING WOMEN'S ECONOMIC EMPOWERMENT, GENDER EQUALITY

 

KUALA LUMPUR, July 21 (Bernama) -- Mary Kay Inc has furthered its commitment to advancing gender parity by releasing a position paper welcoming the European Commission’s Gender Equality Strategy for 2020 – 2025 and by joining the Generation Equality Forum Global Action Coalitions.

According to the European Union: “The Strategy presents policy objectives and actions to make significant progress by 2025 towards a gender-equal Europe.

“The goal is a Union where women and men, girls and boys, in all their diversity, are free to pursue their chosen path in life, have equal opportunities to thrive, and can equally participate in and lead our European society.”

Meanwhile, Chief Legal & Diversity Officer at Mary Kay, Julia Simon said: “Discriminatory laws, gender bias and stereotyping, violence against women and girls - these are all global issues and must be tackled in partnership with the public and private sectors and civil society organisations across the world.”

According to a statement, this month, Mary Kay has also joined the ‘Drivers of change’ Program at the Generation Equality Forum in Paris, France (June 30 - July 2).

Simon has participated to a panel titled ‘Building a Transformative Strategy for Gender-Responsive Procurement’, aiming at creating awareness of the disproportionately complex and interconnected barriers on women’s entrepreneurship and promoting gender-responsive procurement.

At the Paris Forum, Mary Kay also joined four of the Generation Equality Action Coalitions through policy, programmatic, and advocacy commitments: Economic Justice and Rights; Feminist Action for Climate Justice; Gender-based Violence and Innovation and Technology.

A total of 50,000 people virtually engaged in the Forum which gathered 1,000 commitment-makers, recorded US$40 billion of investments for gender equality in support of a five-year plan to act for equal across six areas of action. (US$1 = RM4.232)

More details at www.marykay.com.

-- BERNAMA

OLYMPUS PARTICIPATES SUPPORTING ENDOSCOPIC AI DIAGNOSIS EDUCATION FOR THAILAND DOCTORS

KUALA LUMPUR, July 21 (Bernama) -- Olympus Corporation has taken part in a ground-breaking project as business promoter, in cooperation with the Ministry of Internal Affairs and Communications (MIC) of Japan.

The project is entitled ‘Survey Study for International Expansion of Endoscopes Utilizing High-definition Imaging Technology AI Diagnosis Support System in Thailand’.

Beginning July 20, the project aims to develop advanced endoscopy diagnostics in Thailand, where there are relatively few endoscopists, according to a statement.

Last fiscal year, Olympus took part in a project with the MIC to investigate the effectiveness and potential dissemination of the AI diagnostic support system in India, whereby Olympus conducted a demonstration survey on clinical applications in collaboration with a major Indian medical institution.

For the project in Thailand, in collaboration with CYBERNET SYSTEMS CO LTD, Olympus conducts a demonstration survey on the effectiveness and potential dissemination of the AI diagnostic support system in collaboration with Thai Gastrointestinal Endoscopy Association (TAGE).

Specialist lecturers and physicians from Showa University Northern Yokohama Hospital and TAGE representatives from Siriraj Hospital, Rajavithi Hospital, King Chulalongkorn Memorial Hospital and Ramathibodi Hospital will provide expert guidance to doctors from major medical institutions in Thailand.

In addition to training doctors in techniques for detecting diseases and differential diagnosis by colonoscope, they will also train the doctors on how to instruct the next generation of endoscopists between August 2021 and March 2022.

Olympus participated in this project to support trained specialists to train doctors in Thailand and neighbouring countries and contribute to the dissemination and development of endoscopic diagnostics using the latest AI technology.

-- BERNAMA

NFMY GR

LATEST CISCO APPDYNAMICS APP ATTENTION INDEX REVEALS BRANDS HAVE ONLY ONE SHOT TO WIN OVER CUSTOMERS

 

News Summary

• 76 percent of consumers say their expectations of digital services have increased since the start of 2020.
• 60 percent of consumers now blame the application and brand when they encounter a problem with a digital service, irrespective of the issue.
• 57 percent of consumers claim brands have one shot to impress them and if their digital service does not perform, they won’t use them again.

SAN FRANCISCO, July 21 (Bernama-BUSINESS WIRE) -- Cisco AppDynamics today released the latest report in its App Attention Index research series, revealing consumer reliance on applications and digital services has soared since the start of the COVID-19 pandemic. The global study, which examined the digital behaviors of more than 13,000 global consumers, also identified consumers now have a zero-tolerance policy for poor application experience and automatically place blame on the application and brand, no matter where a performance issue stems from.

Consumers blame the brand when the application experience fails

Since the start of 2020, consumers have experienced a sudden and total reliance on digital services, altering how they engage with brands, consume goods and services, and make purchasing decisions. In fact, the research shows that people are using 30 percent¹ more applications today than they did before the pandemic.

The research highlights that because of their increasing reliance and use of digital services, 76 percent² of consumers say their expectations of digital services have increased since the start of 2020. Alarmingly for brands, when expectations aren’t met, 60 percent³ of consumers will now automatically blame the application and the brand no matter where the issue actually lives. Whether it’s within the application itself - such as pages loading slowly, downtime, or security failures; or external factors like internet connectivity, slow payment gateways or technical issues with third party services - to the consumer there is no distinction and they will now place responsibility firmly on the brand.

• 72 percent⁴ of people believe it’s the responsibility of the brand to ensure that the digital service or application works perfectly.
• 92 percent⁵ say they expect digital services to have reliable, consistent performance.

Loyalty lies with brands that invest in application experience

Consumers have not only come to rely on applications and digital services to function in everyday life, but they also used them to facilitate social interactions in the absence of traditional ways of connecting in person. The research found that the majority of consumers (85%)⁶ say that digital services have become a critical part of daily life, with 84 percent⁷ stating those services helped them get through the pandemic in a positive way. Additionally, consumers are now loyal to brands based on how significantly they invested in digital services during the pandemic.

• 72 percent⁸ say they feel grateful to the brands that invested in digital experiences during the pandemic so they could get access to the services that they love and rely on.
• 67 percent⁹ say they feel more loyal to brands that went above and beyond with the quality of their digital service during the pandemic.

Brands have one shot to get the ‘total application experience’ right

61 percent¹⁰ of consumers now state their expectations for digital services have changed forever and they will no longer tolerate poor performance. The research goes on to find that 72 percent¹¹ of consumers believe it’s the responsibility of the brand to ensure that digital services work perfectly, and more than half (57%)¹² state that brands have one shot to deliver positive digital experiences before they switch to another provider.

• 72 percent¹³ say they simply don’t care who is responsible for problems with digital services, they just want them fixed and to work.
• 68 percent¹⁴ consider it disrespectful to users for brands to offer a poor digital experience in this day and age.
• 57 percent¹⁵ believe most problems with digital services and applications are completely avoidable.

“Applications have become the lifeline to normality for people in every corner of the world and consumers are no longer willing to settle for anything less than a perfect digital experience,” said Linda Tong, vice president and general manager of Cisco AppDynamics. “Technologists are now under more pressure than ever to deliver the ‘total application experience’ to users within their first interaction. Cisco AppDynamics is the only provider that can help them meet users’ expectations by delivering a critical component of Cisco’s full-stack observability solution, which helps technologists see, understand, and optimize what happens inside and beyond their IT architecture - all through the lens of business impact.”

“People contact us under their most dire circumstances and need help resolving life-altering challenges immediately. We want them to know we’re the right people for the job, so our goal is to make sure our customers get connected with an advisor quickly, never getting disconnected or languishing in a chat queue,” said Chris Younger, senior vice president, Freedom Financial Network. “AppDynamics gives us the visibility and insights we need to make sure that every component of the workflow that delivers a customer directly to an agent instantly and seamlessly is working exactly as it should.”

73 percent¹⁶ of consumers stated that even as life returns to normal, they know they will continue to rely on the digital services they utilized during the pandemic. This means the pressure technologists are under to tackle the complexities of modern architectures in order to deliver flawless digital experiences isn’t going away.
Cisco AppDynamics is committed to helping technologists take on these challenges of leading technology health and performance to deliver the ‘total application experience’ to users. To learn more about Cisco's full-stack observability solution and the AppDynamics Business Observability platform, visit appdynamics.com.

Other Resources:

• App Attention Index 2021 Report

Research Methodology:

The research included interviews with more than 13,000 consumers, in the United States, United Kingdom, Australia, Canada, France, Germany, India, Japan, Russia, Singapore and the United Arab Emirates. The research was conducted by Insight Avenue in June 2021.

About Cisco

Cisco (NASDAQ: CSCO) is the worldwide leader in technology that powers the Internet. Cisco inspires new possibilities by reimagining your applications, securing your enterprise, transforming your infrastructure, and empowering your teams for a global and inclusive future. Discover more on The Network and follow us on Twitter.

About Cisco AppDynamics

Cisco AppDynamics, the industry leading Business Observability platform, is a key component of Cisco’s solution for full-stack observability with business context. AppDynamics helps technologists prevent digital performance issues by monitoring cloud-native technologies and traditional infrastructure to understand exactly what drives user experiences and impacts the bottom line for businesses. Core products include: Business iQ, Experience Journey Map, Secure Application and Cognition Engine.

AppDynamics has been recognized by Gartner as a leader in the APM market for more than nine years. It received Glassdoor’s 2019 Best Places to Work Award and Fortune’s #1 Best Place to Work in 2021 as part of Cisco.

Endnotes

1. The App Attention Index 2021: Who takes the rap for the app?
2. The App Attention Index 2021: Who takes the rap for the app?
3. The App Attention Index 2021: Who takes the rap for the app?
4. The App Attention Index 2021: Who takes the rap for the app?
5. The App Attention Index 2021: Who takes the rap for the app?
6. The App Attention Index 2021: Who takes the rap for the app?
7. The App Attention Index 2021: Who takes the rap for the app?
8. The App Attention Index 2021: Who takes the rap for the app?
9. The App Attention Index 2021: Who takes the rap for the app?
10. The App Attention Index 2021: Who takes the rap for the app?
11. The App Attention Index 2021: Who takes the rap for the app?
12. The App Attention Index 2021: Who takes the rap for the app?
13. The App Attention Index 2021: Who takes the rap for the app?
14. The App Attention Index 2021: Who takes the rap for the app?
15. The App Attention Index 2021: Who takes the rap for the app?
16. The App Attention Index 2021: Who takes the rap for the app?


View source version on businesswire.com: 
https://www.businesswire.com/news/home/20210720005204/en/

Contact

AppDynamics PR
Abby McAdams
abby.mcadams@appdynamics.com

Source : AppDynamics

SWIFT NAVIGATION-KDDI PARTNERSHIP TO BUILD ON PRECISE POSITIONING GLOBAL EXPANSION

KUALA LUMPUR, July 21 (Bernama) -- Swift Navigation, a San Francisco-based tech firm redefining GNSS (Global Navigation Satellite System) and precise positioning technology for autonomous vehicles, automotive, mobile and mass-market applications has announced a partnership with Tokyo-based KDDI Corporation.

KDDI is an international telecommunications company on the forefront of using technology innovations to provide a high-quality and high-reliability network that meets the communication needs of its global customers.

This partnership will be key in bringing Swift’s precise positioning technology to the Japan market and adds KDDI as a key partner in the global expansion of Skylark precise positioning service — currently available across the continental US and Europe in partnership with Deutsche Telekom.

“Swift Navigation is delighted to be partnering with KDDI to expand Skylark’s precise positioning in Japan and benefit customers around the globe,” said Co-Founder and Chief Executive Officer at Swift Navigation, Timothy Harris.

Meanwhile, Executive Officer, Business Exploration & Development at KDDI CORPORATION, Hiromichi Matsuda said: “We believe that Swift's high-precision positioning solution further empowers our business capabilities in mobility space and contributes to the expansion of business coverage into smart vehicles.”

Traditionally, precision GNSS corrections were provided using real-time kinematics (RTK) techniques, requiring a high density of reference stations and with limited fault tolerance.

According to a statement, by partnering with Swift, KDDI is able to utilise Swift’s patented wide area corrections solution, a hybrid of precise point positioning (PPP) and RTK.

The solution delivers wide area corrections with a low density of reference stations, fast convergence, centimetre-level accuracy, all from a highly-reliable service delivered seamlessly via the cloud.

Accuracy that previously could benefit a few pieces of equipment on a jobsite — or in a field — is now accessible to millions of users across continents.

The accuracy of the Skylark precise positioning service enables lane-level positioning at fast convergence times to achieve required levels of safety, reliability, integrity and availability required by autonomous, mass-market and mobile applications.

-- BERNAMA

'CONNECTECHASIA' ENDS SUCCESSFULLY WITH PARTICIPATION OF KOREA'S DIGITAL CONTENT COMPANIES

KUALA LUMPUR, July 19 (Bernama) -- The Singapore ICT exhibition, ‘CommunicAsia 2021-ConnecTechAsia’ (hosted by IMDA & Informa Tech/sponsored by Informa Tech), with participation of digital content companies of Korea, the world’s well-known 'digital powerhouse,' recently ended with big success.

Korean companies’ participation in CTA online exhibition from July 14 to 16 was to promote the Korean companies' entry into ASEAN countries by the close support of MOIBA, introducing various content based on excellent technology and bringing a strong interest.

CTA is the largest ICT event with Asian Digital Content-related agencies, companies, and VCs, and according to the business agreement with IMDA in Singapore, it was held under the name of 'Asia Tech x Singapore 2021 (AT x SG)' this year.

According to a statement, about 329 global companies and over 8,200 attendees participated.

“The participation of Korean digital content companies getting its spotlight in its industry has brought success to this event. We expect strengthened interaction with the Korean digital content companies through this exhibition,” said an official of this event.

The host was very supportive of Korean companies participating in the online exhibition by opening of ‘Korea Pavilion-MOIBA special hall’ on the website; introducing participant companies’ products through demo session; and, holding AI Summit and webinar session to provide panel discussion and presentation to interchange and share insight for information such as Industry 4.0, 5G technology, IoT, and Quantum, among others.

In particular, 20 Korean companies and 37 overseas global companies participated in the non-contact export consultation performed as a prior programme for five days from July 5 to 9, conducting 156 consultation cases in total.

More details at https://www.connectechasia.com.

-- BERNAMA

UZABASE BUSINESS INTELLIGENCE PLATFORM SPEEDA LAUNCHES EXPERT RESEARCH SERVICES IN ASEAN

_{SPEEDA FLASH Opinion - Top banner (Graphic: Business Wire)}

KUALA LUMPUR, July 19 (Bernama) -- Uzabase Inc has announced its business intelligence platform SPEEDA is officially launching ‘Flash Opinion’ and ‘Expert Interview’ services in ASEAN.

Provided as part of the SPEEDA Expert Research suite of services, ‘Flash Opinion’ allows users to submit questions to and receive responses from experts within 24 hours, while ‘Expert Interview’ allows users to arrange and conduct interviews with experts.

SPEEDA Expert Research was first launched in the Japanese market in September last year as a new feature on the SPEEDA platform alongside the existing information on companies, industries, news, and trends, according to a statement.

Since launching SPEEDA Expert Research, the platform has partnered with a large number of experts residing outside of Japan.

There are currently 10,000 experts registered in Japan, 30,000 registered outside of Japan, and around 200,000 experts in its global alliance network.

This growth has allowed SPEEDA to build up a worldwide network of experts ready to provide answers on a wide range of topics involving many countries worldwide.

As a result, it has decided to launch these services aimed at Japanese and local companies in the ASEAN region, where it is seeing strong demand for expert services. 

The number of countries where the service is available will gradually be expanded, starting with Singapore and Thailand.

Going forward, SPEEDA aims to continue expanding its network of experts as it seeks to create a one-stop platform that can assist users not only in the process of gathering and analysis of business information, but also for the formulation of future strategies.

More details at https://www.uzabase.com.

-- BERNAMA

Thailand's BAAC to carry out Wolters Kluwer's OneSumX for IFRS 9

KUALA LUMPUR, July 16 -- Thailand’s Bank for Agriculture and Agricultural Cooperatives (BAAC) has selected Wolters Kluwer Finance, Risk & Regulatory Reporting (FRR) to provide software for helping to ensure compliance with International Financial Reporting Standard (IFRS) 9.

The bank will use OneSumX IFRS 9, a module of OneSumX for FRR, for managing its obligations around the accounting standard, according to a statement.

“We are delighted that BAAC has chosen to work with Wolters Kluwer FRR, which has a strong track record in helping financial institutions in Thailand manage the full range of their finance, risk and reporting obligations,” said Managing Director of Wolters Kluwer FRR, Asia-Pacific, Rainer Fuchsluger.

“We very much look forward to working with BAAC on the implementation of OneSumX IFRS 9, a holistic, end-to-end solution which will help it ensure compliance in the long-term.”

BAAC was established in 1966 to provide financial support to farmers, farmer associations and cooperatives – it is majority owned by the Thai Ministry of Finance.

OneSumX IFRS 9 offers a solid framework combining lifecycle information on each individual financial instrument with a comprehensive set of IFRS 9 calculators. The resulting numbers are recorded in a transparent, traceable, and auditable contract level IFRS subledger.

The solution supports regulatory disclosures from local supervisors globally and offers powerful reporting tools.

These features are supported by a data management framework that can capture and store relevant contractual information, manage events and transactions, store IFRS calculations, generate accounting and process the delivery of the disclosures.

YIP IN TSOI Co Ltd, will provide professional consulting and services for the BAAC implementation, working collaboratively with Wolters Kluwer.

Wolters Kluwer FRR, which is part of Wolters Kluwer’s Governance, Risk & Compliance (GRC) division, is a global market leader in the provision of integrated regulatory compliance and reporting solutions.

-- BERNAMA

ALPHA INNOMED-​CHINA RESOURCES PARTNERSHIP TO BRING MED-TECH INNOVATIONS TO CHINESE MARKET

KUALA LUMPUR, July 15 (Bernama) -- Alpha Innomed Pte Ltd and China Resources (Shanghai) Medical Technology Co Ltd have signed a memorandum of understanding on cooperating in the facilitation of technological, clinical, corporate and business development partnerships for international med-tech companies in China.

According to a statement, it is a key challenge for med-tech companies to bring their new and innovative products to the markets, in particular to those wide and distant markets, especially China.

The strategic partnership of China Resources (Shanghai) Medical Technology Co Ltd and Alpha Innomed Pte Ltd offers a strong platform for the med-tech companies to bring their innovative products to China.

It encloses a deep insight into the needs of Chinese healthcare system and a path to identify the novel medical technologies which match those needs.

It further incubates the selected products and leads them effectively and efficiently through the Chinese National Medical Products Administration certification process.

Ultimately, the products will access the market, through the powerful medical device distribution network under the roof of China Resources to reach a full and fast sales success.

Alpha Innomed Pte Ltd, a Singapore and Switzerland dual-headquartered organisation, devotes itself for accelerating the market reach for med-tech innovators through business digitalisation and applicable intelligence.

Meanwhile, China Resources (Shanghai) Medical Technology Co Ltd, a company under China Resources Pharmaceutical Commercial Group Medical Devices Co Ltd, focuses on incubating and commercialising new medical devices on the Chinese Market.

More details at https://alpha-innomed.com.

-- BERNAMA

‘JAPAN 2.5D STAGE PLAY WORLD: ANIME, MANGA & GAME THEATER ONLINE FESTIVAL 2021’ IN AUGUST

KUALA LUMPUR, July 16 (Bernama) -- LIVE VIEWING JAPAN Inc has announced it will hold ‘Japan 2.5D Stage Play World: Anime, Manga & Game Theater Online Festival 2021’, screening three popular shows online with English subtitles next month.

Produced in Japan, the 2.5-dimensional musical performances premieres in six countries, namely USA, Canada, Australia, New Zealand, UK and Singapore, according to a statement.

The schedule follows Live Spectacle ‘‘NARUTO’’: (Aug 6-12); My Hero Academia The ‘‘Ultra’’ Stage: (Aug 13-19); and, Pretty Guardian Sailor Moon: The Musical Nogizaka46 ver. 2019: (Aug 20-26).

It will be distributed at 20:00 on weekdays and 14:00 on weekends in six time zones (NZST, AEST, SGT, BST, EDT and PDT), with US$15 per one show. (US$1 = RM4.20)

More information at https://j25stageplayworld.com and https://liveviewing.jp/overseas/

-- BERNAMA

Beyond Limits-Mitsui partnership to expand Cognitive AI solutions global access

KUALA LUMPUR, July 13 -- Beyond Limits, an industrial and enterprise-grade AI technology company built for the most demanding sectors, has announced a new partnership with Mitsui & Co Ltd (Mitsui) to expand access to Cognitive AI solutions in the Asia-Pacific region.

According to a statement, the collaboration will establish digital transformation and AI-readiness consulting services for Mitsui’s clients in Japan and other countries in the Asia-Pacific region, in addition to expanding globally.

The services will first be deployed with one of the Liquefied Natural Gas (LNG) Plants where Mitsui is involved as an investor, utilising Beyond Limits’ Cognitive AI solution to accumulate operational knowledge, analyse datasets, and boost production efficiency.

“We’re proud to partner with Mitsui, an established leader in business development and trade in so many global industries. This collaboration is a testament to our joint commitment to building knowledge and value with AI for many sectors which are just now exploring its potential,” said President, Beyond Limits Asia-Pacific, Leonard Lee.

Meanwhile, Managing Officer, General Manager of Integrated Digital Strategy Division at Mitsui, Yuji Mano said: “Through this partnership, we will accelerate our short to medium-term goals through efficiency improvement and execution of high added value of the existing business.”

The AI market in the Asia-Pacific region, including software and other services, is expected to reach a value of US$136 billion by 2025, according to a report by research firm Tractica. (US$1 = RM4.191)

The high market potential, coupled with growing technology adoption across traditional industries including infrastructure, energy and manufacturing, is expected to create a need for expert resources as more companies look to capitalise on digital services.

More details at www.beyond.ai.

-- BERNAMA

TOKYO WINS, BEATS 'FUTURE WINNER' SINGAPORE - ASIAN CITIES UP 34 PLACES IN 500 INNOVATION CITIES - 14TH CITY RANKING

MELBOURNE, July 16 (Bernama) -- Tokyo topped the five hundred list of world's most innovative cities (https://www.innovation-cities.com/innovation-cities-index-2021-global-500/25718/) published for the 14th year by data analysts 2thinknow this week. Tokyo's win was attributed to strong urban technology application, digital capability, and social performance.

Singapore (5) stayed steady, rising two places globally from its five-year pre-Covid average. The analysts predicted that like Tokyo, Singapore had the digital and economic potential to one day "win the city rankings".

Home to MIT, United States city Boston placed second globally, to defeat previous winner New York. Next place was a rising Sydney, home to a booming start-up industry. Silicon Valley fell to twelfth, its lowest result in over a decade.

Seoul (7) rose seven places from the last year of results (2019). Dallas-Fort Worth (6) and Houston (8) entering the global top-ten this year due to strong economies. Shanghai (15) rose eighteen places ahead of a rising Miami (17) and cycling innovator Amsterdam (24). A surging Beijing (19) rose seven places.

Twenty of the top hundred cities were in the Asia region, displacing Europe's normal hold on the top hundred. Constant lockdowns had a "greater impact there damaging to mid-size enterprises", according to the analysts.

For the first time, more than half (54%) of top hundred cities were in the United States. This included often over-looked cities like Little Rock (82) and Omaha (86), in what was described as a 'surprise result' by the data analysts.

Across the full five hundred cities, Asian cities rose an average of 34 places for the first time. Ho Chi Minh City (234) rose 85 places.

The 162 indicators were weighted to address digital transformation, economic recovery, start-ups, technology, smart cities, science, engineering, creativity, mobility and other key civic areas. Data included latest Covid-19 city policies.

The analysts noted that the Innovation Cities Index was based on a shorter timeframe than usual. This was due to risks such as rapid inflation, ongoing fiscal stimulus, and systemic infringements on personal liberty by many governments.

INFORMATION

All indexes are published on http://www.innovation-cities.com/city-rankings. 162 indicators of data can be purchased. The publisher and creator of the city ranking is 2thinknow, data analysts established in Melbourne in 2006 from research started in Vienna in 2005.

Contact:
Christopher Hire Director
Data, 2THINKNOW
+61386780319
media@2thinknow.com

SOURCE: 2THINKNOW

--BERNAMA

POLYPLASTICS DEVELOPS TESTING METHOD IDENTIFYING GAS FORMATION DURING INJECTION MOLDING

KUALA LUMPUR, July 14 (Bernama) -- Polyplastics Co Ltd, a leading global supplier of engineering thermoplastics, has developed a testing method that identifies gas formation during the injection molding process and helps reduce mold deposits.

The company's Gas Investigation Method in Injection Molding (GIMIM) facilitates continuous molding and improves production efficiency, according to a statement.

During the injection molding process, harsh conditions (high temperature, high speed) and deterioration of plastic additives can release high volumes of decomposition gases.

Mold deposits, gas burns, and short shots caused by pyrolysis gas can lead to quality problems, including undesirable effects on the dimensions and appearance of products, resulting in a higher defect rate.

Polyplastics' proprietary method captures and evaluates the gases formed during molding and identifies the mechanism by which pyrolysis gas forms during injection molding.

This simple system configuration is divided into the three stages of plasticisation, metering, and injection, and each unit is fitted with gas traps to seclude the gases that form within each part of the process.

GIMIM can reflect the actual circumstances during molding by directly trapping and analysing the gases formed during molding. GIMIM makes it possible to measure high-molecular-weight substances that can cause mold deposits.

Since this method directly analyses gases that are formed inside the mold during filling, the company believes it yields results that are closest to real-world conditions.

In further research, Polyplastics plans to examine other problems caused by pyrolysis gas such as short shots and gas burn defects, as well as mold deposits.

-- BERNAMA

INNORULES TO ENTER THE SOUTHEAST ASIAN FINANCIAL MARKET BY WINNING DIGITAL TRANSFORMATION PROJECT OF THE BIGGEST JAPANESE INSURANCE COMPANY

^{INNORULES’ Digital Product Manager (DPM) is a product information management system that supports the development of new products quickly and easily by disassembling and assembling the product information, structure and attributes. INNORULES, a Korean professional developer of Business Rule Engine, supplied the Digital Product Manager to the innovative digital transformation project of one of the biggest insurance companies in Japan. INNORULES is planning to expand into the South East Asian financial market upon this opportunity. (Graphic: Business Wire)}


SEOUL, South Korea, July 15 (Bernama-BUSINESS WIRE) -- INNORULES (CEO, Kil Kon Kim) announced that it supplied the company’s Digital Decision Manager (DDM) to the future innovation project of one of the biggest insurance companies in Japan and the first stage system has been opened.

INNORULES is a professional developer of a Business Rule Engine (BRE) solution. BRE simplifies tasks and improves the speed and efficiency of system building. Many Korean financial companies including insurers, brokerages, and banks have adopted the INNORULES’ product.

The Japanese company has been preparing for this next-generation project since 2016. It is the biggest project in 30 years with an investment of about USD 1.746 billion.

The Japanese company first met the INNORULES product when they visited Korea to benchmark Korean insurance companies and it eventually chose INNORULES after conducting the Benchmark Test.

The Japanese company adopted INNORULES’ Digital Product Manager (DPM) for their key tasks and simplified their merchandise structures such as insurance sales, insurance premium receipt, and premium settlement process.

In addition, INNORULES played a role in the core of the project by improving the performance of the client’s legacy system, which is composed of massive accumulated data. Previously, it was difficult to convert a new product swiftly since it needed to consider the impact of adding new products on the existing system.

The newly launched system utilized INNORULES’ DPM to standardize common tasks and to separate product development processes according to the characteristics of products. The Japanese company is expecting to reduce the time to develop and modify a product by one-third from almost a year. The company plans to introduce the newly adopted system to their car insurance and fire insurance system by 2025.

INNORULES is planning to expand into the South East Asian market upon this opportunity.

INNORULES’ Chief Executive Officer Kil Kon Kim said, “It is very meaningful to provide our product for the core business of the Japanese financial company that is usually very cautious. Having been recognized for our stability and technological capability for years, we receive continuous inquiries from other Japanese financial companies since a new system launched through the recent contract.”

“Based on the deals with the Japanese company and domestic companies, we are planning to expand into the major South East Asian countries including Indonesia and Malaysia that are preparing for new financial projects,” Kim added. “We expect more than 20% growth of the overseas sales this year.”

Photos/Multimedia Gallery Available: 
https://www.businesswire.com/news/home/52456920/en

Contacts
 

INNORULES CO.,LTD
Yosep Park
+82-2-416-2501
marketing@innorules.com

Source: INNORULES CO.,LTD