GEORGE CLINICAL, LINK HEALTH CREATE NEW PHARMACEUTICAL R&D MODE IN CHINA

KUALA LUMPUR, April 30 (Bernama) -- Guangzhou Link Health Pharma Co Ltd (Link Health) and George Clinical Pty Ltd (George Clinical) have signed a term sheet to enter into a strategic agreement to establish an independent joint venture clinical development company called Link-George Clinical Research Co Ltd (Link-George).

Link-George will deliver clinical trials for Link Health and related companies that it has entered into licensing deals with.

According to a statement, the plan is for Link-George to launch six clinical trials this year and this is expected to grow as Link Health’s in-licensed portfolio expands.

Link-George will be majority owned by Link Health and operationally led by George Clinical with a board that comprises representatives from both Link Health and George Clinical.

Link Health chief executive officer (CEO) and founder, Dr Song Yan, said: “To speed up the pace of going global, Link Health has been expanding business in North America, Europe, Asia-Pacific and other regions.

“Through this joint venture, Link Health and George Clinical will complement each other’s advantages in the fields of drug-ability evaluation, medical writing, medical statistics, clinical protocol design, real-world research, and jointly provide Link Health and its customers with end-to-end integrated solutions.”

George Clinical CEO James Cheong said: “We are very excited to enter into this joint venture with Link Health as part of a novel platform providing a one-stop service for in-licensing, clinical development, marketing authorisation and commercialisation. This will enable both companies to further optimise the tremendous growth in the pharmaceutical industry in China.”

-- BERNAMA

Intercultural Innovation Award calls for global organisation applications

 KUALA LUMPUR, April 28 -- For the past decade, the United Nations Alliance of Civilizations (UNAOC) and the BMW Group invited organisations worldwide to apply for the Intercultural Innovation Award to support innovative projects promoting intercultural understanding. This year, the focus will primarily be on projects promoting gender equality, countering violent extremism, hatred, and prejudices and advocating for art, culture, and sports as vehicles for social cohesion and diversity, according to a statement. “As we celebrate 10 years of this ever-growing partnership between UNAOC and the BMW Group and now with the support of Accenture, we shall continue to collaborate to amplify the work of cutting-edge social innovators and promote diversity and inclusive societies,” said High Representative for UNAOC, Miguel Ángel Moratinos. “In our anniversary year, we are not only celebrating a very successful partnership, but also using the Intercultural Innovation Award once again to appeal to people’s feeling of community,” said member of the Board of Management of BMW AG responsible for Human Resources and new patron of the Intercultural Innovation Award, Ilka Horstmeier. To leverage the social impact of the selected projects, all 10 finalists will receive the same financial assistance as well as receive individual and professional consulting and participate in various training sessions and workshops. With the support of Accenture, the partners have increased the financial award to US$200,000. (US$1 = RM4.099) Interested organisations shall submit their application by May 27 at www.interculturalinnovation.org.
-- BERNAMA

YILI GROUP ACHIEVES 2020 REMARKABLE GROWTH, UNVEILS 2021 FIRST QUARTER RESULTS

 

Yili Group achieves remarkable growth in 2020 annual report, and announces record first quarter 2021 results.

KUALA LUMPUR, April 30 (Bernama) -- Yili recently released its 2020 annual report with total revenue reaching RMB 96.886 billion and net profit attributable to the parent company was RMB 7.078 billion, highlighting the company's healthy growth trend and excellent profitability. (RMB 100 = RM63.41)

The Q1 2021 report released at the same time showed the company's total revenue in the first quarter reaching RMB 27.363 billion, a YOY increase of 32.49 per cent, of which the net profit attributable to the parent company was RMB 2.831 billion, a YOY increase of 147.69 per cent.

In terms of products, the Company continued to promote product optimisation, with the sales revenue of key products recording a YOY increase of 9.6 per cent, according to a statement.

In addition, Yili has been continuously exploring new growth points through innovation with its sales revenue for new products accounted for 16 per cent of total sales revenue.

The Company also actively expanded new retail models on e-commerce platforms, with a YOY growth of 55 per cent. Its market share of retail sales for UHT milk on e-commerce platforms was 28.1 per cent during the same period, ranking first in the UHT milk market segment.

The Company has promoted cooperation across the industry chain, continued to invest more in R&D, technology, and innovation, and continuously innovated its product categories and accelerated the layout of health business by relying on a global network connecting Asia, Europe, Oceania and the Americas, and using big data to gain insights of consumers.

In the future, Yili will continue to build a ‘global health ecosystem’, take the lead in promoting sustainable development through the common prosperity of both commercial and social value.

-- BERNAMA

TACONIC BIOSCIENCES LAUNCHES COVID-19 MOUSE MODEL, EXPANDING RESEARCH TOOLKIT

KUALA LUMPUR, April 30 (Bernama) – Taconic Biosciences, a global leader in providing drug discovery animal model solutions, has announced the launch of a new COVID-19 mouse model, a human ACE2 (hACE2) transgenic mouse expanding Taconic’s COVID-19 research toolkit.

In October last year, Taconic launched its first hACE2 model. The AC70 mouse experiences a lethal response to infection by SARS-CoV-2, the virus that causes COVID-19. Conversely, the new AC22 mouse is lethality-resistant, enabling therapeutic, vaccine, and post-infection symptom research.

Although various hACE2 mouse models of lethal SARS-CoV-2 infection exist, the hACE2 AC22 lethality-resistant model is important because it permits study of sub-lethal infection. Most humans infected with SARS-CoV-2 survive, and an animal model which replicates sub-lethal disease and recovery is needed.

The hACE2 AC22 mouse provides a longer study window to assess drug efficacy compared to lethal infection models.

“While vaccines bring hope of an end to the pandemic, research on COVID-19 is still needed,” shared Taconic vice president of commercial models, Dr Michael Seiler in a statement.

“There is a huge population of people who have now had the disease. We need models that also survive this disease long enough to aid in replicating that human condition. It cannot be overstated just how important this new AC22 model is in enabling that research.”

Study ready cohorts of animals are available for immediate ordering.

-- BERNAMA

MOTOROLA SOLUTIONS’ WAVE PTX INCREASES PRODUCTIVITY FOR SINGAPORE, MALAYSIA ORGANISATIONS

KUALA LUMPUR, April 30 (Bernama) -- Motorola Solutions recently launched WAVE PTX, an instant communication service with nationwide coverage, enabling commercial and government organisations to reach new levels of safety and productivity.

Launched in Singapore and Malaysia, WAVE PTX is available via broadband subscription.

WAVE PTX enables companies to connect different work teams instantaneously and reliably to keep operations up and running, independent from network technology.

Based on a statement, the solution meets the operational needs of many industries including the transport and logistics, manufacturing, oil and gas, retail and hospitality sectors.

WAVE PTX enables organisations to expand both the coverage and functionality of their business communications by connecting land mobile radio networks with broadband networks.

The solution is designed for organisations requiring secure and instant voice and data communication, including businesses with complex operations that need to collaborate using voice communication and data including video, images, documents and maps while on the go.

WAVE PTX is available both as a cloud-based and on-premise service and provides seamless collaboration between two-way radios, smartphones, tablets, notebooks and other devices.

It supports Android, IOS and web applications for PCs with secure interoperability with two-way radio systems including DMR, TETRA and P25.

The solution also comes with advanced dispatch software to help organise and coordinate team communications while providing a comprehensive overview of all operations.

This includes precise mapping tools to track the location of people and resources, helping to protect workers in times of emergency.

-- BERNAMA

N. AMERICAN, EUROPEAN MULTINATIONAL CORPORATIONS UNDERGO NEGATIVE CURRENCY VOLATILITY - REPORT

KUALA LUMPUR, April 28 (Bernama) -- Kyriba’s Currency Impact Report (CIR) has revealed negative impact from currency volatility of US$6.16 billion. (US$1 = RM4.099)

CIR is a comprehensive report detailing the impacts of foreign exchange (FX) exposures among 1,200 multinational companies based in North America and Europe.

Based on a statement, European companies experienced greater headwinds than their North American counterparts in the fourth quarter of 2020, reporting US$4.77 billion in FX-related negative impact.

By comparison, North American corporations reported US$1.39 billion in negative impact.

For the second quarter in a row, North American companies indicated the euro as the most impactful currency, with 33 per cent of companies referencing the euro in their Q4 earnings calls.

The Brazilian real moved up a spot as the second most referenced currency, followed by British pound, Chinese yuan renminbi and Swiss franc.

The top five industries that experienced the greatest impact from currencies in North America (in order) were electronic equipment; professional services; healthcare equipment; biotech and pharmaceuticals; and, technology hardware.

While in sequence, electronic equipment; biotech and pharmaceuticals; chemicals; healthcare equipment; and, auto components were the top five industries that reported the greatest impact for Europe.

The US dollar remained the currency most mentioned as impactful by European companies during Q4 2020 earnings calls, followed by the euro, with the Swedish krona ranked third.

-- BERNAMA

SAFR® FROM REALNETWORKS GRANTED SMALL BUSINESS INNOVATION RESEARCH CONTRACT FROM US AIR FORCE

KUALA LUMPUR, April 27 (Bernama) -- SAFR® from RealNetworks Inc, a face recognition and visual analytics platform, has been awarded its third Small Business Innovation Research (SBIR) contract from the United States Air Force (USAF).

Based on a statement, this contract enables SAFR to advance its computer vision platform to support perimeter protection and domestic search and rescue (SAR) missions.

The SBIR contract allows SAFR to enhance its platform to run on an NVIDIA® Jetson AGX Xavier™ based UGV system.

The addition of SAFR’s AI-powered analytics on autonomous and semi-autonomous robotic devices provides a force multiplier and a layer of safety for defence and civilian security and emergency services personnel.

SAFR is focused on reducing the risk service members face in their daily duties by allowing SAFR-enhanced UGVs to perform perimeter patrols and monitor contested environments.

The UGV platform will recognise when unauthorised persons are present in restricted areas.

SAFR’s solution is being extended to operate onboard UGV devices and produce patrol reports with positional data upon completion of patrol duties.

In high-risk scenarios involving SAR missions, the robotic device could locate persons using SAFR’s body detection capabilities, providing real-time alerts and access route details to speed up extraction – greatly reducing the risk for responders.

“The UGV platform equipped with SAFR AI represents the future of embedded device operations and computer vision for an emerging range of robotic systems,” said SAFR Senior Product Manager, Eric Hess.

-- BERNAMA

ROYAL REHAB-EKSO BIONICS PARTNERSHIP EXPANDS ASIA PACIFIC ROBOTIC EXOSKELETON ADOPTION

KUALA LUMPUR, April 26 (Bernama) -- Ekso Bionics, an industry leader in exoskeleton technology, with presence in Malaysia, has announced partnership with Royal Rehab in Australia, further scaling use of its robotic exoskeleton across the Asia Pacific region.

With Ekso Bionics’ recent expansion plan in Asia Pacific, EksoNRs are now in Malaysia, Singapore, Hong Kong, Taiwan and Australia.

Ekso is the most clinically-used robotic exoskeleton globally and in Asia and has helped patients take more than 130 million steps globally, according to a statement.

Royal Rehab Chief Executive Officer, Matt Mackay said breakthroughs in technology were driving better and faster outcomes for people living with life-changing conditions and injury; however, these have been unavailable in Australia, until now.

“It is our vision to create a centre of excellence in rehabilitation technology which will empower people with disabilities with an unparalleled level of freedom, choice and independence,’’ said Mackay.

Royal Rehab, Australia’s leading not-for-profit provider of rehabilitation and disability support services, has entered into an agreement with Ekso Bionics to bring its advanced exoskeleton technology to Australia.

Royal Rehab is also in discussions with Ekso Bionics to act as the demonstration site of the EksoNR for other rehabilitation providers in the Australian market in the future.

The EksoNR is set to revolutionise rehabilitation practice in Malaysia and Asia with its ability to help improve patient recovery following stroke, acquired brain injury and spinal cord injury. 

More details at www.royalrehab.com.au.

-- BERNAMA

3 BITWATS EXTRAORDINARY MINING RIGS DISRUPT CRYPTO MARKET

KUALA LUMPUR, April 26 (Bernama) -- The rapidly evolving global market for cryptocurrency is currently abuzz with the recent introduction of three extraordinarily designed mining rigs namely BT, DBT and GBT from BitWats.

Instead of focusing only on highly proficient and technology savvy mining stalwarts, these products allow the casual enthusiasts as well as small-time miners to make a fortune out of crypto mining.

According to a statement, over the years, cryptocurrency mining has seen serious improvements.

However, owing to the highly technical nature of this domain, it had limited to no scope for people that are technologically challenged.

Bitwats has already changed that perception by creating three rigs that are pre-configured and just needs to be plugged in for an uncomplicated crypto mining experience.

Within less than a month in the market, BT, DBT and GBT have been used by many common users without any technical background to earn healthy returns on their investment.

The miners from Bitwats are suitable for home use because they generate low amounts of heat as well as noise. More details at https://www.bitwats.com

-- BERNAMA

HKTB Chairman accepts agreement on relaunching bilateral Hong Kong-Singapore Air Travel Bubble

KUALA LUMPUR, April 26 -- The Hong Kong Tourism Board (HKTB) Chairman, Dr YK Pang has welcomed the agreement between the Governments of the Hong Kong SAR and Singapore on relaunching the bilateral Hong Kong-Singapore Air Travel Bubble (ATB).

“Relaunching the Air Travel Bubble with Singapore is the first step in Hong Kong’s resumption of international travel, and a milestone for preparing the city for gradually welcoming more visitors back,” said Dr Pang.

“We expect that travellers at the early stage of the launch of the ATB are those who travel for family visits or other essential reasons, and leisure travellers will return successively.”

According to a statement, the HKTB will continue to work with the tourism-related sectors in enhancing Hong Kong overall anti-epidemic measures in the city.

This includes standardised hygiene protocol launched last year for hotels, restaurants, transportation, shopping malls, tour operators and other tourism-related sectors, establishing a healthy and safe tourism image for Hong Kong.

-- BERNAMA

OAG METIS TAKES OFF TO FUEL FLIGHT INFORMATION INNOVATION

KUALA LUMPUR, April 23 (Bernama) -- World’s leading provider of travel data and insight, OAG has launched its new game-changing technology platform, OAG Metis to power flight information innovation.

With firm backing by Microsoft Azure and Snowflake, the platform will enable customers to scale confidently, adapt and innovate, according to a statement.

OAG Metis, an open platform with access to a blended and configurable view of high-value flight information, including airline schedules and flight status, is also home to new, unique, and proprietary content.

By blending multiple data sources within a single platform, OAG is enabling the entire travel ecosystem to make better decisions and spark innovation.

The new technology platform gives customers the data they want, when they want it, in their preferred delivery mechanism (Alerts, API and Direct). For the first time, users can directly connect into OAG’s cloud database for instant access to OAG data.

In the backdrop of a tumultuous year, a culture of customer-driven development has resulted in the launch of two new ways to consume OAG data – Flight Info API making the freshest data in the market available, and Flight Info Direct to expedite processing and allow flexible access to raw OAG data.

OAG Chief Executive Officer, Phil Callow said: “Our customers need a new way to consume and analyse data to fuel their road to recovery.”

“Our OAG Metis platform allows them to find clarity in a world of upheaval and paves the way to delivering the intelligence and confidence required to navigate today’s challenges and unlock tomorrow’s opportunities.”

OAG customers, which include leading airlines, airports, technology companies, and travel providers will benefit from a wave of new product innovations over the coming year as future products, content and capabilities are enabled using the OAG Metis platform. 

More details at www.oag.com.

-- BERNAMA

PRA HEALTH SCIENCES EXPANDS PHARMACOVIGILANCE SOLUTIONS FOR AUTHORISED VACCINES, THERAPEUTICS

 

KUALA LUMPUR, April 22 (Bernama) -- PRA Health Sciences has announced expansion of its pharmacovigilance solution to offer full post-marketing services for authorised COVID-19 vaccines and therapeutics.

This includes post-authorisation safety studies (PASS) delivered by Real World Solutions, according to a statement.

With thousands of COVID-19 vaccines, therapies, and new and complex modalities under research worldwide, drug developers are in an extraordinarily unique environment that requires speed, accuracy, and transparency of pharmacovigilance and safety data monitoring.

“Our pharmacovigilance solutions enable clients to adhere to regulatory reporting and compliance standards and perform ongoing safety surveillance to ensure the highest level of patient safety,” said PRA Health Sciences Vice President, Pharmacovigilance & Patient Safety, Sabine Richter, Ph.D.

With a global team of over 800 pharmacovigilance and patient safety experts, along with the Center for Vaccines and Emerging Infectious Diseases and the Real World Solutions team, PRA provides a range of services to detect, assess, understand, minimise, and prevent adverse effects or other drug-related risks.

PRA continues to invest in novel approaches and technologies, such as artificial intelligence, automation, and data analytics that can manage large amounts of pharmacovigilance data and ensure near real-time monitoring of safety information.

In addition, using PRA’s Mobile Health Platform, participants can self-enroll into a PASS at the time of vaccination – providing an easy way to report symptoms and provide access to a nurse-led coordination centre to report symptoms that may require follow-up with a healthcare provider.

PRA Health Sciences is one of the world’s leading global contract research organisations by revenue, providing outsourced clinical development and data solution services to the biotechnology and pharmaceutical industries.

-- BERNAMA

64 PER CENT ASIA PACIFIC ORGANISATIONS CHANGING OPERATING MODEL NEXT YEAR - UNISYS SURVEY

KUALA LUMPUR, April 21 (Bernama) -- New data reveals that 64 per cent of Asia Pacific organisations plan to change their operating model by 2022, fuelled by a desire to improve their employee experience, states Unisys Corporation’s new survey.

Leaders and employees have differing views on the technologies and policies required to achieve greater productivity and an ideal employee experience, according to a statement.

The top three reasons given by Asia Pacific business leaders to change their operating model by 2022 are better employee experience (71 per cent), employee productivity (56 per cent) and employee safety (56 per cent).

The findings are included in a new IDC white paper, sponsored by Unisys, titled ‘Digital Workplace Insight(TM): Seeking Digital and Experience Parity to Support the Hybrid Workforce’.

The survey found that before the pandemic, 5.2 per cent of the workforce across Australia, Malaysia, New Zealand and Singapore worked remotely - the highest of the four regions surveyed.

COVID-19 forced a rapid move to remote working in 2020, with more than one third (36 per cent) of this workforce working remotely by November 2020.

Based on this experience, the majority of employers (74 per cent) and employees (70 per cent) agree that working remotely is just as, or more, productive than working in an office.

“To create a great employee experience, employers need to understand what technology, processes and policies their people require to do their jobs effectively. This requires two-way conversations with their teams and a preparedness to change existing procedures,” said Unisys Asia Pacific Advisory Director, Leon Sayers.

The Unisys-sponsored research surveyed over 1,100 respondents, including business leaders and employees, across 15 countries: Australia, Belgium, Brazil, Canada, Chile, Colombia, France, Germany, Malaysia, Mexico, the Netherlands, New Zealand, Singapore, the UK and the US.

This is to examine how organisations are transforming their operating models to respond to business disruptions. It found that to do this, business leaders are focused on the employee experience to shape their technology, procedures and policies.

More details at www.unisys.com.au.

-- BERNAMA

Zoom Video Communications launches US$100 million venture fund

KUALA LUMPUR, April 20 -- Zoom Video Communications Inc recently announced the creation of a new US$100 million venture fund to stimulate growth of Zoom’s ecosystem of Zoom Apps, integrations, developer platform and hardware. (US$1 = RM4.118)

Via the Zoom Apps Fund, portfolio companies will receive initial investments of between US$250,000 and US$2.5 million to build solutions that will be core to how Zoom customers meet, communicate and collaborate.

Based on a statement, the Zoom Apps Fund will invest in developer partners with viable products and early market traction, providing valuable and engaging experiences to customers.

Zoom Apps, announced at Zoomtopia 2020, are leading applications that will bring productivity and engaging experiences directly into the Zoom platform.

Over the past year, Zoom Founder and Chief Executive Officer, Eric S. Yuan learnt it was imperative meetings needed to be kept as productive and fun.

He hoped this fund would help customers meet happier and collaborate even more seamlessly and simultaneously help entrepreneurs build new businesses.

More details at zoom.com/fund.

-- BERNAMA

TIGERGRAPH CONTINUES TO DRIVE GRAPH ANALYTICS AND AI MARKET MOMENTUM, UNVEILS TIGERGRAPH CLOUD ON GOOGLE CLOUD PLATFORM AND EXPANDED GLOBAL DEVELOPER COMMUNITY

 

Graph Leader Also Reveals Connectors for Snowflake and Tableau, Announces Hackathon Winners, and Shares Early Release of Graph-Powered Analytics Book at Graph + AI Summit 2021


REDWOOD CITY, Calif., April 22 (Bernama-GLOBE NEWSWIRE) -- TigerGraph, provider of the leading graph analytics platform, today announced that the company continues to accelerate the adoption, application, and use of graph analytics on the cloud with broadened support across all cloud providers. TigerGraph Cloud is accessible with Amazon AWS, Microsoft Azure, and now, GCP. The company also announced connectors for Snowflake and Tableau, meaning users can access relationship analytics directly from their Snowflake and Tableau dashboards; valuable data insights are now just a few clicks away. TigerGraph made these announcements and shared details about its growing global developer community and more at Graph + AI Summit 2021, the industry’s only open conference devoted to accelerating analytics, AI, and machine learning with graph algorithms.

“AI augmentation will create nearly $3 trillion in business value in 2021, with graph being recognized as a foundational capability within today’s organizations,” said Dr. Yu Xu, founder and CEO of TigerGraph. “Businesses have struggled to capitalize on AI because it requires contextual awareness and an understanding of the data across multiple entities. Graph technologies can answer these critical business questions in minutes, where it takes weeks with other data management systems. Our vision behind hosting Graph + AI is to unite the ecosystem, and we’re seeing more of these attendees this year. The fact that there is a 200% increase in Graph + AI Summit registrants — just six months after the first Graph + AI World event — speaks to the ever-increasing appetite for graph among today’s forward-looking companies.”

Expanded Product Functionality

TigerGraph has expanded its product functionality with new TigerGraph Cloud support for Google Cloud Platform workloads. Just two months after announcing a $105 million Series C funding round, the largest funding round to date within the graph database and analytics market, TigerGraph Cloud is now the only distributed graph database-as-a-service available on all three major cloud platforms — AWS, Azure, and GCP.

TigerGraph’s distributed native graph architecture helps organizations scale fast and analyze many different aspects of data to form new models and generate new insights. TigerGraph Cloud users can:

• Use TigerGraph Cloud for free using free tier instances
• Preserve their investment in a graph platform that is designed to scale as their business grows
• Choose their preferred cloud platform for graph workloads (no vendor lock-in)
• Buy TigerGraph Cloud credits for additional discounts and pay using their pre-paid or committed spend on GCP
• Connect their TigerGraph platform with other data services and applications, including Kafka, Spark, Snowflake, Tableau, SageMaker, and developer services including Python (PyTigerGraph)
• Build analytics or machine learning applications with industry use case library of 20+ starter kits with pre-built schema, sample dataset, and queries for all major use cases including fraud, anti-money laundering, entity resolution, customer 360, recommendation, knowledge graph, cybersecurity, network analysis, influencer detection, and others

As transactional and analytical workloads move to the cloud, TigerGraph has become the graph database of choice to connect, analyze, and learn new insights from data. The company’s release of new connectors for Snowflake and Tableau (Salesforce) make it even easier for companies to integrate TigerGraph with both upstream and downstream data services. Connector capabilities include:

• TigerGraph's Snowflake connector, which simplifies and speeds up data transfer from Snowflake data warehouse to TigerGraph
• Dedicated drivers for Tableau and Microsoft Power BI provide users with a rich capability for no-code analytics and visual dashboarding
• Standard JDBC and ODBC database connectors provide the foundation for a wealth of integrations

Expanded Global Developer Community

In addition to extending its product capabilities, TigerGraph is listening to its developer community by rolling out new support and services. TigerGraph’s Developer Community is a global network for developers that fosters a collaborative, supportive, and developer-centric environment. Developers are invited to join a virtual ecosystem located on TigerGraph’s website (community.tigergraph.com) where they can share information, ask questions, and collaborate with developers at all skill levels. While other technology companies rely on their users to share troubleshooting information in their communities, TigerGraph is actively engaged with its product team to interactively answer questions. This ongoing effort is led by TigerGraph’s manager of developer relations and liaison to the product team, Jon Herke.

TigerGraph enables developers to work in a team-like environment rather than troubleshooting issues alone without resources. Developers can share the courses they created, hackathon entries, blogs they are writing, and ask general questions about using TigerGraph. Herke runs a daily session on digital distribution platform Discord where developers ask impromptu questions, discuss clever solutions, or simply chat. In fact, other companies and products have replicated TigerGraph’s Discord Community due to its success in attracting and maintaining a lively, active developer community.

If you would like to be immersed in the latest TigerGraph ecosystem activities, join the developer relations team on TigerGraph Discord (Developer) Community every weekday at 8:15 a.m. CST to listen in or become active in current open-source efforts including:

• tgcloud-jupyter - a JupyterLab extension allowing data scientists to interact with TigerGraph services while staying in their data science environments
• TG-RASA-Pipeline - a data pipeline tool that connects TigerGraph to RASA (chatbot platform) allowing RASA users to have knowledge graph machine learning pipelines
• pyTigerGraph - a Python connector to TigerGraph allowing users to integrate TigerGraph into their data science workflows or operational services
• TigerFlow - a flow-based (low to no-code) data pipelining orchestration tool that enables users to drag and drop nodes onto a canvas allowing them to quickly set up data flow that streams into TigerGraph

Expanded Developer Community Event Participation

The strength of TigerGraph’s community is on full display at Graph + AI Summit 2021, which features 40+ sessions, live workshops, and speakers from JPMorgan Chase, NewDay, Pinterest, Jaguar Land Rover, and more. The virtual conference, April 21-23, features keynotes, speakers, real-world customer case studies, and hands-on workshops for data, analytics, and AI professionals.

TigerGraph’s Graph + AI Summit Web App Hackathon attracted 200 developers from over 30 countries. Participants used one of TigerGraph’s 20+ Cloud Starter Kits to design innovative web application solutions on top of TigerGraph Cloud. TigerGraph teamed up with industry leading partners Streamlit (UI dashboarding solution for data scientists), Graphistry (Graph visualization product), and Galvanize (education training company). The winners, both women, will be presenting their projects at Graph + AI Summit: Linxiu Jiang and Qi Chen created Graph Shortest Path & Centrality based on “Airport Dataset: Explore the Graph and Network Analysis for Airports Around the World.” TigerGraph’s Web App Hackathon developer participants have remained actively involved with the TigerGraph Developer Community even after contest results were announced.

New “Graph-Powered Analytics and Machine Learning with TigerGraph” Book

TigerGraph is also announcing the early-release version of its O’Reilly book, “Graph-Powered Analytics and Machine Learning with TigerGraph.” This practical guide shows data scientists, data engineers, architects, and business analysts how to get started with a graph database using TigerGraph.

The early-release version includes multiple chapters with hands-on exercises that will teach readers how to combine machine learning with graph. Readers can run the exercises on TigerGraph Cloud free tier and other free tools. Readers will also receive additional chapters throughout 2021.

To access the early-release book version, visit: https://info.tigergraph.com/oreilly-book

For more information on Graph + AI Summit and to view the agenda, please visit: https://www.tigergraph.com/graphaisummit/#day1

Register and secure your complimentary spot: https://www.tigergraph.com/graphaisummit/

Helpful Links

• Graph + AI Summit
• Get TigerGraph
• TigerGraph Cloud
• TigerGraph Website
• TigerGraph Blog
• TigerGraph on Twitter
• TigerGraph on LinkedIn

About TigerGraph                                                                                                       
TigerGraph is a platform for advanced analytics and machine learning on connected data. Based on the industry’s first and only distributed native graph database, TigerGraph’s proven technology supports advanced analytics and machine learning applications such as fraud detection, anti-money laundering (AML), entity resolution, customer 360, recommendations, knowledge graph, cybersecurity, supply chain, IoT, and network analysis. The company is headquartered in Redwood City, California, USA. Start free with tigergraph.com/cloud.

Media Contact
Cathy Wright
Offleash PR for TigerGraph
cathy@offleashpr.com
650-678-1905 

SOURCE : TigerGraph, Inc.

ACAMS' 12TH ANNUAL AML & ANTI-FINANCIAL CRIME CONFERENCE - APAC TAKES CUTTING-EDGE LOOK AT THE PERILS AND PROMISE OF COMPLIANCE EFFORTS IN THE ASIA PACIFIC REGION

Financial-crime prevention experts from the Hong Kong Monetary Authority, Monetary Authority of Singapore, Anti-Money Laundering Council (AMLC) of the Philippines, British Consulate-General Hong Kong, Homeland Security Investigations, U.S. Consulate General Hong Kong, and APAC’s leading financial institutions will share mitigation strategies on money laundering, sanctions, corruption, bribery and other regulatory challenges

Hong Kong / Singapore, April 21 (Bernama-GLOBE NEWSWIRE) -- As part of its ongoing effort to help compliance professionals meet evolving regulatory expectations in the Asia Pacific region, ACAMS will present a one-of-a-kind training and networking event for its 12th Annual AML & Anti-Financial Crime Conference – APAC. Beginning on April 26th, attendees at this two-day, fully virtual event will have the opportunity to learn best practices from the region’s leading subject-matter experts and hear what lies ahead in the fight against financial crime from high-level regulators, including officials with the Hong Kong Monetary Authority, the Monetary Authority of Singapore and the Anti-Money Laundering Council (AMLC) of the Philippines. 

In panel discussions and roundtable talks, conference speakers will share thought leadership and offer guidance on a spectrum of issues, including deploying artificial intelligence in transactions surveillance, developing an AML-Conduct Agenda and Risk Tolerance Statement framework, disrupting illicit wildlife trafficking, identifying the misuse of legal persons using proxy and nominee accounts.

In between sessions, attendees will also have the opportunity to network with their peers in the conference’s Virtual Exhibit Hall. 

“With monetary penalties on the rise and ever-growing regulatory expectations, the next 12 months will be busy for compliance professionals working in Asia-Pacific institutions,” said ACAMS president and managing director Scott Liles. “That’s why we knew this year’s conference needed to place a special emphasis on cutting-edge topics, such as new technological innovations, while offering sessions for non-bank financial institutions and the Designated Non-Financial Business and Professions, such as insurance companies, and professional service providers.”

“Whether you’re from a major bank seeking to detect COVID-19 procurement fraud or from an insurance firm that wants to mitigate its exposure to evolving sanctions and proliferation financing risks, we have an unparalleled line-up of sessions and expert speakers ready to offer practical compliance advice and answer your questions,” he said. 

In addition to keynote addresses from the Deputy Chief Executive of the Hong Kong Monetary Authority and the Assistant Managing Director overseeing financial crime at the Monetary Authority of Singapore, the conference will feature financial-crime experts from Anti-Money Laundering Council (AMLC) of the Philippines, Standard Chartered Bank, Goldman Sachs, HSBC, Deutsche Bank, ANZ, Bank Julius Bär, SMBC, PT Bank Rakyat Indonesia, Bank Mandiri, MUFG Bank, RCBC, AIA, Deloitte, British Consulate-General Hong Kong, Homeland Security Investigations, U.S. Consulate General Hong Kong and WWF-Hong Kong, among other organizations. 

Attendees will be able to view panels in real-time or watch on-demand content that will be made available for 90 days following the conference. The full program can be found here.


ACAMS' 12TH ANNUAL AML & ANTI-FINANCIAL CRIME CONFERENCE - APAC TAKES CUTTING-EDGE LOOK AT THE PERILS AND PROMISE OF COMPLIANCE EFFORTS IN THE ASIA PACIFIC REGION

 

INSTEP CONTINUES TO PROMOTE TECHNICAL COOPERATION AMONGST DEVELOPING COUNTRIES

KUALA NERUS, April 21 (Bernama) -- Institut Teknologi Petroleum PETRONAS (INSTEP) recently hosted two three-day sessions of Virtual Conference & Dialogue on Managing Global Talents in Oil & Gas Industry.

The sessions were part of the Malaysian Technical Cooperation Programme (MTCP) which advocates the sharing of development experiences and expertise with other developing countries through technical cooperation programmes. Participants were from Algeria, Cambodia, Ghana, Senegal, Sierra Leone, Thailand, Turkmenistan, Uganda, Uzbekistan and Zambia.

INSTEP is supporting the Malaysian Government’s commitment to promote regional and technical cooperation amongst developing countries as well as nurture collective self-reliance of the global South. Since the inception of MTCP in 1980, participants from 144 countries have benefited from various capacity building programmes offered under the MTCP.

Held in March and April 2021, the MTCP-INSTEP programme sought to encourage strategic conversations amongst the industry players on ways to develop technical talents in their localities. Topics related to training, education and localisation, particularly in advancing homegrown talents and capability framework were addressed through virtual discussions and presentations.

Participants were exposed to INSTEP’s current initiatives in talent development since its establishment in 1981, and were able to gain insights into how it navigates efforts to connect talents to technical competencies with a goal to enrich the global energy workforce.

The highlight of this training course was an engagement session with INSTEP’s leaders which enabled participants to understand the on-going initiatives and stumbling blocks affecting the oil and gas industry in Malaysia with regards to Human Capital Development.


http://mrem.bernama.com/viewsm.php?idm=39871

BITWATS HAS THE POWER, UNVEILS POWERFUL, PROFITABLE CRYPTO MINERS

 

KUALA LUMPUR, April 21 (Bernama) -- Bitwats recently released the market’s most powerful and profitable crypto miners.

The company’s product range currently comprises BT, DBT, and GBT, three multi-algorithm miners capable of delivering lightning fast hash rate, maximum energy efficiency, and fastest possible return on investment.

All the miners from Bitwats are built around the latest ASIC technology. An ASIC or application-specific integrated circuit is a microchip designed for a special application.

Powered by 5nm ASIC chips, the mining rigs from Bitwats offer extraordinary hash rates and energy efficiency for mining bitcoin, litecoin, ethereum, and monero.

DBT offers hash rates of 750 TH/s, 70 GH/s, 5 GH/s, and 5 MH/s, for bitcoin, litecoin, ethereum, and monero, respectively, while for GBT Miner, the hash power in the same order are 2250 TH/s, 210 GH/s, 15 GH/s, and 15 MH/s.

According to a statement, the power consumptions for these two units are 900W and 2200W, respectively.

Dedicated to bringing the latest crypto-mining technology to the public, Bitwats designed its crypto miners with the goal of making crypto mining easy and profitable for all, including the newbies.

Once these miners are delivered, anyone can start mining simply by connecting the unit to a power socket and accessing it through WiFi or cable, and entering the pool data.

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

-- BERNAMA

BITWATS RELEASE POWERFUL 5NM ASIC MINERS

 NEW YORK, April 21 (Bernama-GLOBE NEWSWIRE) -- Bitwats (www.BitWats.com), a team of technology leaders working relentlessly to bring the latest crypto-mining technology to the public, has just released the market’s most powerful and profitable crypto miners. The company’s product range currently comprises of BT, DBT, and GBT, three multi-algorithm miners capable of delivering lightning fast hash rate, maximum energy efficiency, and fastest possible return on investment.

All the miners from Bitwats are built around the latest ASIC technology. An ASIC or application-specific integrated circuit is a microchip designed for a special application. Powered by 5nm ASIC chips, the mining rigs from Bitwats offer extraordinary hash rates and energy efficiency for mining bitcoin, litecoin, ethereum, and monero. As a result, the profitability of these miners is second to none in the current crypto market.

DBT offers hash rates of 750 TH/s, 70 GH/s, 5 GH/s, and 5 MH/s, for bitcoin, litecoin, ethereum, and monero respectively. On the other hand, for GBT Miner, the hash power in the same order are 2250 TH/s, 210 GH/s, 15 GH/s, and 15 MH/s. The power consumptions for these two units are 900W and 2200W respectively.

Bitwats designed its crypto miners with the goal of making crypto mining easy and profitable for all, including the newbies. Once these miners are delivered, anyone can start mining simply by connecting the unit to a power socket and accessing it through WiFi or cable, and entering the pool data.  Users also have the option of joining Bitwats’ own mining pool that has a 0% fee. Also, the company covers the delivery and custom fees for its customers.

To find out more, please visit https://www.bitwats.com  

About Bitwats: Bitwats was founded in 2016 by a team of technology leaders with a track record of working for the world’s most prodigious companies in the past. Dedicated to bringing the latest crypto-mining technology to the public, the company has recently introduced its exquisite line of advanced ASIC miners. Unlike most other crypto mining hardware manufacturers, Bitwats continuously works towards making crypto mining easy and profitable for all regardless of their experience and knowledge.  

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/f3e97db4-cc4e-4348-9ef5-48fb7acc0b0f

Contact:
Daniel Lotin
marketing@bitwats.com
+1 (347) 905-5614 

SOURCE : Bitwats Inc.

MUNICH RE'S CONSULTING UNIT BOOSTS ITS PRICING CAPABILITIES WITH AKUR8 IN GLOBAL COOPERATION

 PARIS, April 21 (Bernama-BUSINESS WIRE) -- Akur8 is delighted to announce their global cooperation agreement with Munich Re to boost Munich Re’s pricing capabilities for their Global Consulting Unit¹. With this agreement, Munich Re will have access to a new state-of-the-art rate modelling solution and Akur8 will reinforce its footprint by partnering with one of the world’s leading providers of insurance, reinsurance and insurance-related risk solutions. This non-exclusive cooperation is global, with users in multiple Munich Re operating geographies. All Munich Re entities and clients can benefit from the joint approach and tap into this solution.

Specifically developed for insurance, Akur8’s solution enhances insurers’ pricing processes by automating risk and demand modelling, using transparent Artificial Intelligence proprietary technology. The core benefits for insurers include a reduction in modelling time which will accelerate time to market, increase predictive power, while keeping full transparency and control over the models created.

Munich Re’s Global Consulting Unit is driving transformative change in insurance pricing through the application of data science and digitalization, bundled with risk transfer. A dedicated global practice of several insurance pricing experts develop product and pricing solutions: all clients of Munich Re can tap into these via the reinsurance relations. Akur8 will boost their pricing capabilities, bringing increased value and pricing sophistication to their customers, with a pricing tool that leverages AI in a transparent way. Munich Re teams will be using Akur8 for the end-to-end insurance pricing proposition.

“Akur8 is extremely excited about this cooperation with Munich Re, which is one of the most renowned worldwide players in the insurance consulting space - let alone their reinsurance and primary insurance activities. This cooperation is also a demonstration of the relevance and attractiveness of Akur8’s solution for numerous types of players from primary insurance carriers to reinsurers to solution providers to consulting firms.”, says Samuel Falmagne, CEO at Akur8.

“Our strategic cooperation with Munich Re represents a significant strategic step in our development, spanning a global footprint. Our combined expertise and strengths will allow both of our companies to bring significant value added”, says Brune de Linares, Chief of Sales at Akur8.

“Akur8 is an impressive solution for risk and demand modelling, that represents a real leap forward in terms of pricing sophistication in the insurance industry. We are convinced that Akur8’s solution will enable us to bring added value to our customers across our various consulting projects, notably by allowing our large consulting practice to work collaboratively in dedicated client workspaces, improving predictiveness of the models to eventually bring significant loss ratio improvement.”, says Joachim Mathe, Global Head of Global Consulting at Munich Re.

“Akur8’s strengths, pivoting on the commodification of prediction power, allow for what we call “The third wave” of insurance pricing: while keeping full control on the process, most of the time of the domain expert is spent on understanding the problem and applying the right solution, not in tedious repetitive modelling tasks. Although they are a start-up, the Akur8 team’s professionalism, credentials, and reactivity along the whole process were determining factors in our choice - which was made after an in-depth selection process where each player’s value proposition and strengths were thoroughly reviewed.”, says Massimo Cavadini, Head of Actuarial Consulting and Data Analytics at Munich Re.

About Munich Re
Munich Re is one of the world’s leading providers of reinsurance, primary insurance and insurance-related risk solutions. The group consists of the reinsurance and ERGO business segments, as well as the asset management company MEAG. Munich Re is globally active and operates in all lines of the insurance business. Since it was founded in 1880, Munich Re has been known for its unrivalled risk-related expertise and its sound financial position. It offers customers financial protection when faced with exceptional levels of damage – from the 1906 San Francisco earthquake through to the 2019 Pacific typhoon season. Munich Re possesses outstanding innovative strength, which enables it to also provide coverage for extraordinary risks such as rocket launches, renewable energies or cyberattacks. The company is playing a key role in driving forward the digital transformation of the insurance industry, and in doing so has further expanded its ability to assess risks and the range of services that it offers. Its tailor-made solutions and close proximity to its customers make Munich Re one of the world’s most sought-after risk partners for businesses, institutions, and private individuals.

About Akur8
Akur8 is revolutionizing insurance pricing with transparent AI. Akur8 developed a unique AI-based insurance pricing solution that automates modelling for insurance companies while keeping full transparency and control on the models created, as required by regulators worldwide. Akur8 is the only solution on the market reconciling Machine Learning and Actuarial worlds - enabling customer lifetime value-based price optimization.

¹ https://www.munichre.com/en/solutions/reinsurance-property-casualty/global-consulting.html

View source version on businesswire.com:
https://www.businesswire.com/news/home/52411529/en

Contact

For Munich Re
Dr. Massimo Cavadini (mcavadini@munichre.com, Global Head of Actuarial Consulting & Data Analytics)
Dr. Davide Burlon (dburlon@munichre.com, Global Akur8 Product Owner)

For Akur8
Felix d’Alançon (felix.dalancon@akur8-tech.com, Global Partnerships)

Source : Akur8