KUALA LUMPUR, Oct 31 (Bernama) -- The ninth Perdana Leadership Foundation (PLF) CEO Forum on 1st November 2022 will bring together more than 30 CEOs, industry experts, and business leaders to discuss issues related to “Major Trends Impacting the Malaysian Economy (and You)”.
Over nine plenary and concurrent sessions, business and thought leaders such as Tan Sri Che Khalib Mohamad Noh, Group Managing Director, MMC Corporation Berhad, Mr Yeoh Keong Hann, Executive Director, YTL Power International Berhad, Mr Eqhwan Mokhzanee Muhammad, CEO, AmBank Islamic Berhad, Ts Mahadhir Aziz, CEO, Malaysia Digital Economy Corporation (MDEC), Ms Aireen Omar, President (Ventures), Capital A, Hajah Mahuran Saro Dato' Haji Sariki, Vice President Group Research, Development & Policy, and Malaysian Professional Talent, TalentCorp Group of Companies, Dato’ Azman Shah Mohd Yusof, CEO, Northport (Malaysia) Bhd, Prof Dr Jomo Kwame Sundaram, Senior Adviser, Khazanah Research Institute and Datuk Emeritus Prof Dr Norma Mansor, Director of Social Wellbeing Research Centre, University Malaya, will speak on issues that cover technology in business, talent and manpower, renewable energy, public finance, logistics, and inflation.
At the close of the event, former Prime Minister Tun Dr Mahathir Mohamad will share his thoughts on “What Does the Future Hold for Malaysia?”
“Malaysia is fortunate in that we handled the pandemic relatively well thanks to the coordinated action of our health authorities. Our economic fundamentals have also held up throughout the crisis, thanks to central bank oversight, public sector assistance, and the effort and determination of our private sector. But headwinds still assail us from external and internal sources, especially with the General Elections already upon us. It is thus timely that we have this Forum where business leaders and industry experts are gathered to discuss issues of common concern, such as inflation, economic trends, and the environment, as well as identify sectors that are growing in importance such as technology and logistics. The business community plays a huge role in strengthening, fortifying, and reviving the Malaysian economy, and this Forum is a platform for PLF to surface the concerns of business leaders to policy-makers,” said Tan Sri Azman Hashim, Chairman, Board of Trustees, Perdana Leadership Foundation.
MORE THAN 30 CEOS, INDUSTRY EXPERTS, AND BUSINESS LEADERS TO SPEAK AT PERDANA LEADERSHIP FOUNDATION'S 2022 CEO FORUM
Monday, October 31, 2022
Leading enterprises in Malaysia, Singapore pursuing new workplace strategies -- ISG report
KUALA LUMPUR, Oct 28 (Bernama) -- Malaysian and Singaporean enterprises are adapting their workplaces to meet new employee expectations and advances in technology after the COVID-19 pandemic accelerated the adoption of remote work and virtual meetings, Information Services Group (ISG) said.
In a statement today, the global technology research and advisory firm said its 2022 ISG Provider Lens Future of Work -- Services and Solutions research report found that recent global events and new consumer technologies have led many employees in the region to expect the freedom to work remotely at least part of the time.
As a result, it said many enterprises continued to offer some form of work-from-home or hybrid work policy.
“As the circumstances of work in Singapore and Malaysia change over time, companies will need the flexibility to modify where and how employees do their jobs and collaborate.
“Service providers are helping clients focus on employee experience more than just on making technology easier to use,” ISG Asia director Deepraj Emmanuel said.
ISG said the rapid change in work modes in the region has affected some industries more than others but enterprises still preferred that employees do certain tasks, such as negotiating and brainstorming, in person.
“However, the pandemic allowed companies and employees to recognise that some roles can be carried out just as well, or better, remotely as they can in the office,” it said.
It said some enterprises are even shifting training and events online, reducing travel time and freeing up resources for creating better work-from-home environments.
ISG said the report also explored other workplace trends in the region and around the world, including the growing availability of workplace support from service providers in Singapore and Malaysia and the importance of strategically assessing all employee tasks to create an automation roadmap.
ISG has over 800 clients, including more than 75 of the world’s top 100 enterprises.
-- BERNAMA
Saturday, October 29, 2022
Prestige Biopharma group to showcase at CPhI Frankfurt 2022 on Nov 1-3
 |
| Prestige Biopharma group booth at CPhI 2021 (Photo: Business Wire) |
KUALA LUMPUR, Oct 27 (Bernama) -- Prestige Biopharma group, comprised of Prestige Biopharma Limited and Prestige Biologics Co Ltd, announced that it will be appearing at CPhI Frankfurt 2022 on Nov 1-3, at Messe Frankfurt, Germany.
The Prestige group will showcase its latest antibody drug pipeline and innovative CDMO service at a large-scale independent booth, according to a statement.
At the booth, clients and visitors are invited to take part in the experience zones and a transparent OLED display will be exhibited to highlight the EU-GMP certified facility and 154,000 liters of global-scale production capacity of Prestige Biologics in South Korea.
“We are excited to provide an inside look into Prestige Biopharma group at CPhI 2022 and are looking forward to having meaningful partner discussions.
“We will be introducing our capabilities for development and manufacturing of antibody and vaccine therapeutics, to support our partners to bring life-saving medicines to the patient,” said head of global business development of Prestige Biopharma, Dr Michael Ruppert.
The Prestige group looks forward to the on-site collaboration with biopharmaceutical partners at CPhI Frankfurt 2022.
Prestige Biopharma group will continue to pursue ‘innovation for life’ in every area which is the group’s business purpose, while ensuring corporate DNA, innovation, efficiency and agility, to ultimately create a difference for humanity.
More details at www.prestigebio.com.
-- BERNAMA
XSUITE BUSINESS PARTNER PORTAL SPHERE NOW AVAILABLE ON SAP STORE
KUALA LUMPUR, Oct 28 (Bernama) -- xSuite Group GmbH (xSuite) has announced that its xSuite Business Partner Portal Sphere solution is now available on SAP Store.
The SAP Store is an online marketplace where customers around the world can discover, try, buy, and renew more than 2,000 solutions from SAP and its trusted partners.
The xSuite Business Partner Portal Sphere is built on the SAP Business Technology Platform (SAP BTP) with SAP Extension and/or SAP Integration Suite and integrates with SAP S/4HANA -- delivering streamlined, 100-per cent digital procure-to-pay (P2P) workflows to customers.
“Built on SAP Business Technology Platform, xSuite Business Partner Portal Sphere helps support businesses as they move to the cloud.
“Since the xSuite portal was developed for SAP BTP, its compatibility with current and future SAP releases is safeguarded,” said xSuite chief executive officer, Matthias Lemenkühler in a statement today.
The xSuite Business Partner Portal Sphere automates data and document exchange as well as communication with suppliers in the P2P process.
With this solution, xSuite provides businesses that use SAP technology with a central platform for performing standardised, digital P2P processes with suppliers.
SAP Store delivers a simplified and connected digital customer experience, where customers can find the SAP solutions and SAP-validated solutions needed to grow their business.
-- BERNAMA
Friday, October 28, 2022
Duck Creek OnDemand enables Argyle Insurance to offer products within 60 Days
KUALA LUMPUR, Oct 27 (Bernama) -- Duck Creek Technologies, an intelligent solutions provider, has announced a milestone moment in insurance technology after its platform enabled Australian start-up insurance company, Argyle Insurance, to go live within 60 days.
According to a statement, Duck Creek OnDemand enables Argyle to offer its products through brokers in Australia.
The new platform will give brokers access to a wider range of insurers and their products, allowing them to offer their SME clients more choice and competition, improving client outcomes.
The sub-60-day execution was achieved via the use of an innovative Australian SME template built by the Duck Creek Asia Pacific regional product development team.
The successful end-to-end implementation for Argyle was a coordinated effort with solution-integration partner, Coforge, a global digital services and solutions provider.
“Duck Creek and Argyle’s unique relationship comes down to our alignment of purpose and vision that the future of insurance is agile, intelligent and evergreen,” Duck Creek Technologies managing director for Asia Pacific Shaji Sethu said.
“We are both focused on driving better, easier-to-understand insurance products, which are tailored to policyholders’ needs and are adaptable to their changing priorities,” Shaji said.
Through Duck Creek’s modern core system, including software-as-a-service solutions for policy, billing, and data insights, Argyle will deploy a hybrid operating model into the Australian general insurance market.
Argyle co-founder and managing director Anthony Day said: “Partnering with leading organisations in the insurance sector is key to Argyle’s value proposition. DuckCreek was able to embrace the vision to redefine, through the use of technology, how intermediaries and customers do SME insurance. Duck Creek worked hand-in-hand with our team to deliver our underwriting system in record time.”
-- BERNAMA
Arthur D. Little's report highlights innovation in life sciences
KUALA LUMPUR, Oct 27 (Bernama) -- The combination of ageing populations, changing urban and work environments, technical innovations in data processing and analysis, and current advances in diagnosing and treating diseases will not only dramatically transform healthcare but also our way of living.
In its newly-launched report, consulting firm Arthur D. Little (ADL) unveiled current and future transformations in healthcare, and the effect these far-reaching changes will have on the life sciences and insurance sectors.
According to a statement, healthcare systems and wider society must prepare for these innovations to ensure preparedness and greater resilience.
To assess that from more than one perspective, ADL and Munich Re, a leading provider of reinsurance, primary insurance and insurance-related risk solutions, have pooled their expertise and recommendations.
Disruptive developments such as digitisation, far-reaching advances in medical technology, and the latest findings in life sciences interrelate and reinforce other to an unprecedented extent.
Consequently, the report has set out how everyone within the ecosystem needs to collaborate around a common goal and bringing innovations to patients faster and pushing the boundaries of insurability.
Describing the impacts of transformation and providing insights, imperatives and key takeaways for both the insurance and life sciences industries, the report focuses on opportunities in five key areas of healthcare.
The key areas are digital health; advanced therapeutics & new paradigms in treatments, the power of genes & omics; mental health and pandemic risk.
-- BERNAMA
Guangxi extends scientific, technological innovation & cooperation zone construction for ASEAN
KUALA LUMPUR, Oct 26 (Bernama) -- The China-ASEAN Technology Transfer Alliance (CATTA) has been officially established and will join hands with China's provincial and municipal innovation institutions with strong scientific and technological innovation capabilities and pooled resources to more effectively meet the innovation needs of ASEAN nations.
The launch of the special action for technology transfer between China and ASEAN was announced at the 10th Forum on China-ASEAN Technology Transfer and Collaborative Innovation, an important high-level forum under the framework of China-ASEAN Expo, held recently in Nanning, Guangxi.
The announcement coincided with the inaugural year of the China-ASEAN comprehensive strategic partnership. CATTA is the first cooperation mechanism of technology transfer for ASEAN in China, involving 1,000 advanced and applicable technologies in sustainable fields selected nationwide and uniformly introduced to ASEAN nations.
According to a statement, Guangxi has fully played its role over the last few years as an important gateway for China's opening up and cooperation with ASEAN members, including always taking ASEAN as the priority direction of overseas science and technology collaboration.
The province has carried out fruitful exchange and collaboration activities with the ASEAN member countries in manifold fields, including exchanges of science and technology and humanity, technology transfer, innovation, and entrepreneurship.
Currently, Guangxi has set up bilateral governmental technology transfer mechanisms with nine ASEAN countries (including Thailand and Cambodia), and formed joint working groups on technology transfer with seven ASEAN members.
It has also built a China-ASEAN technology transfer collaboration network of over 2,600 members, covering 10 ASEAN nations and some "Belt and Road" countries, according to the Department of Science and Technology of Guangxi Zhuang Autonomous Region.
As of May 2022, Guangxi has organised over 140 science and technology innovation and technology transfer activities for ASEAN at home and abroad, nearly one-third of which were held in ASEAN nations, covering more than 7,800 projects, and serving over 9,900 enterprises.
-- BERNAMA
Thursday, October 27, 2022
Eurora teams up with DPDgroup to automate cross-border trade compliance
KUALA LUMPUR, Oct 25 (Bernama) -- Eurora Solutions, the provider of a leading artificial intelligence/machine learning (AI/ML) backed cross-border trade compliance platform, has launched a partnership with DPDgroup, one of the world’s leading parcel delivery networks.
According to a statement, this partnership will enable DPDgroup, which delivers 2.1 billion parcels yearly, to enhance its quality and compliance processes while lowering the costs of customs processing.
“Eurora and the DPDgroup have been closely working together since the beginning of 2022 to elaborate the rules of different jurisdictions, containing a wide range of classification rules and restrictions that have been ´learned´ by the Eurora machine.
“Years of scientific research and developing machine learning capabilities have allowed Eurora to demonstrate that we are trusted by the logistics and postal industry,” said Eurora founder and group chief executive officer Marko Lastik.
DPDgroup will use Eurora’s AI/ML-backed platform to automate the allocation of product classification (HS) codes and compliance with the export control rules applied in the European Union, the United Kingdom, and the United States.
For the next step, both companies are looking towards extending the geographical coverage of export compliance services, namely to the Middle East and Asia.
Eurora's AI uses over 500 million records of training data from real transactions of the world's largest logistics service providers.
The platform can be used by online sellers, marketplaces, logistics and postal companies to automate tax and duty declarations and assign the appropriate HS code.
-- BERNAMA
ASUENE RAISES US$20 MILLION IN SERIES B ROUND, AIMING TO BECOME ASIA'S NO.1 CLIMATE TECH COMPANY THROUGH SIGNIFICANT INVESTMENT
AsiaNet 98487
TOKYO, Oct. 27, 2022 /Kyodo JBN-AsiaNet/ --
Asuene Inc., the leading climate tech company in Japan, has raised US$20 million in total Series B round. This brings the cumulative total of investments and loans to US$23 million since the company's inception in October 2019.
Image1:
https://kyodonewsprwire.jp/prwfile/release/
M107387/202210208473/_prw_PI1fl_F4lZv0fc.jpg
In this round, a total of US$20 million was raised from 14 venture capitals and financial institutions, including Pavilion Capital, an investment company under the Singapore government, and Axiom Asia Private Capital, a leading private equity fund in Asia, as new investors. In addition, in the second close, Asuene welcomed Salesforce Ventures which is known for investing in leading SaaS companies globally, and Masayuki Mochida from Tybourne Capital Management as new investors.
The procured funds will be used to strengthen the recruitment of talented personnel, expand system functions to improve the usability of measuring carbon emissions throughout the supply chain, and enhance system specifications for the global market.
"Through this financing, we expect to recruit and train human resources, expand system functions, and enhance system specifications for global expansion, with a focus on the cloud service 'Asuzero,'" said Chee Kong Choun, head of Japan Investments at Pavilion Capital. "We also expect that the initiatives and efforts of Asuene will enhance measuring and managing the progress of programs and plans related to CO2 emissions reduction."
"Asuene is the leading CO2 and renewable energy platform in Japan and showing very strong growth," said Chris Loh, managing partner of Axiom Asia. "We strongly believe in the company's mission, 'Making a better world for next generations,' and the importance of building a sustainable world. We have high confidence in the company's services and are very excited to work together with the highly capable management team through its next phase of growth."
"The issue of climate change is imminent, and as listed companies on the Tokyo Stock Exchange Prime Market are required to disclose more information on their climate change measures, companies need to take stronger measures to combat climate change," said Takuya Hosomura, principal of Salesforce Ventures. "Based on the business they have developed, Asuene can provide such companies a 'one-stop solution for decarbonization' with visualization, target management, and the reduction of CO2 emissions. We are honored to support the company working with its clients to realize 'a better world for the next generations.'"
Asuene will promote decarbonization in all industries, both domestic and international, and create social impact through business growth as a leading climate tech company.
"We are very grateful to all of our existing shareholders for their additional investment in this series B round, and to our new investors who have strengths in B2B SaaS, global finance, ESG, and investments in Asian market," said Kohei Nishiwada, co-founder CEO of Asuene. "We will invest all the funds and resources to become the overwhelming No. 1 climate tech company, providing a one-stop solution for decarbonization management."
About Asuene
Asuene is a leading climate tech company in Japan with the mission, "Making a better world for next generations." Its cutting-edge service Asuzero is a climate cloud platform for measuring, reporting and reducing carbon emissions for enterprises, and visualizes the emissions throughout the supply chain for Scope 1-3 (*1) in the global standardized frameworks, Greenhouse Gas Protocol (*2). Asuene also provides comprehensive Sustainability Transformation (SX) consultation including global initiative alignment assistance for TCFD, CDP, SBTi and PCAF. Asuzero's contracted orders continue to grow at a significant rate, with an average monthly growth of over +120% and now introduced in 450+ companies.
URL: https://earthene.com/asuzero/en
Image2:
https://kyodonewsprwire.jp/prwfile/release/
M107387/202210208473/_prw_PI2fl_o7suQFjB.jpg
Notes:
(*1) Definitions of Scope 1, 2 and 3:
- Scope1: Direct emissions from owned or controlled sources
- Scope2: Indirect emissions from the generation of purchased energy
- Scope3: All indirect emissions (not included in scope 2) that occur in the value chain of the reporting company, including both upstream and downstream emissions
(*2) Greenhouse Gas Protocol: Global standardized frameworks to measure and manage greenhouse gas (GHG) emissions
Source: Asuene Inc.
Asuene Inc., the leading climate tech company in Japan, has raised US$20 million in total Series B round. This brings the cumulative total of investments and loans to US$23 million since the company's inception in October 2019.
Image1:
https://kyodonewsprwire.jp/prwfile/release/
M107387/202210208473/_prw_PI1fl_F4lZv0fc.jpg
In this round, a total of US$20 million was raised from 14 venture capitals and financial institutions, including Pavilion Capital, an investment company under the Singapore government, and Axiom Asia Private Capital, a leading private equity fund in Asia, as new investors. In addition, in the second close, Asuene welcomed Salesforce Ventures which is known for investing in leading SaaS companies globally, and Masayuki Mochida from Tybourne Capital Management as new investors.
The procured funds will be used to strengthen the recruitment of talented personnel, expand system functions to improve the usability of measuring carbon emissions throughout the supply chain, and enhance system specifications for the global market.
"Through this financing, we expect to recruit and train human resources, expand system functions, and enhance system specifications for global expansion, with a focus on the cloud service 'Asuzero,'" said Chee Kong Choun, head of Japan Investments at Pavilion Capital. "We also expect that the initiatives and efforts of Asuene will enhance measuring and managing the progress of programs and plans related to CO2 emissions reduction."
"Asuene is the leading CO2 and renewable energy platform in Japan and showing very strong growth," said Chris Loh, managing partner of Axiom Asia. "We strongly believe in the company's mission, 'Making a better world for next generations,' and the importance of building a sustainable world. We have high confidence in the company's services and are very excited to work together with the highly capable management team through its next phase of growth."
"The issue of climate change is imminent, and as listed companies on the Tokyo Stock Exchange Prime Market are required to disclose more information on their climate change measures, companies need to take stronger measures to combat climate change," said Takuya Hosomura, principal of Salesforce Ventures. "Based on the business they have developed, Asuene can provide such companies a 'one-stop solution for decarbonization' with visualization, target management, and the reduction of CO2 emissions. We are honored to support the company working with its clients to realize 'a better world for the next generations.'"
Asuene will promote decarbonization in all industries, both domestic and international, and create social impact through business growth as a leading climate tech company.
"We are very grateful to all of our existing shareholders for their additional investment in this series B round, and to our new investors who have strengths in B2B SaaS, global finance, ESG, and investments in Asian market," said Kohei Nishiwada, co-founder CEO of Asuene. "We will invest all the funds and resources to become the overwhelming No. 1 climate tech company, providing a one-stop solution for decarbonization management."
About Asuene
Asuene is a leading climate tech company in Japan with the mission, "Making a better world for next generations." Its cutting-edge service Asuzero is a climate cloud platform for measuring, reporting and reducing carbon emissions for enterprises, and visualizes the emissions throughout the supply chain for Scope 1-3 (*1) in the global standardized frameworks, Greenhouse Gas Protocol (*2). Asuene also provides comprehensive Sustainability Transformation (SX) consultation including global initiative alignment assistance for TCFD, CDP, SBTi and PCAF. Asuzero's contracted orders continue to grow at a significant rate, with an average monthly growth of over +120% and now introduced in 450+ companies.
URL: https://earthene.com/asuzero/en
Image2:
https://kyodonewsprwire.jp/prwfile/release/
M107387/202210208473/_prw_PI2fl_o7suQFjB.jpg
Notes:
(*1) Definitions of Scope 1, 2 and 3:
- Scope1: Direct emissions from owned or controlled sources
- Scope2: Indirect emissions from the generation of purchased energy
- Scope3: All indirect emissions (not included in scope 2) that occur in the value chain of the reporting company, including both upstream and downstream emissions
(*2) Greenhouse Gas Protocol: Global standardized frameworks to measure and manage greenhouse gas (GHG) emissions
Source: Asuene Inc.
George Clinical recruits over 5,000 patients in first-ever Global Kidney Patient Trials Network
KUALA LUMPUR, Oct 26 (Bernama) -- George Clinical, in close collaboration with The George Institute for Global Health, recently recruited over 5,000 patients in its first-ever, groundbreaking Global Kidney Patient Trials Network (GKPTN) to accelerate kidney disease treatments.
George Clinical is a global clinical research organisation founded in the Asia-Pacific.
The concept for the GKPTN is a logical extension of its scientific and clinical operations leadership in the kidney space.
“Our ultimate goal is to grow the GKPTN to a total of 10,000 patients by the end of 2027 and this will give us the bandwidth to support dozens of clinical trials in the kidney space.
“We are well on our way to achieving our goals as we seek to provide the infrastructure necessary to make recruitment timelines shorter and reduce the time to get needed treatments to patients,” said its chief medical officer Maria Ali in a statement today.
The GKPTN aims to accelerate the development of new treatments and provide equitable benefits for the millions of people globally who suffer from chronic kidney disease (CKD) and the many rarer kidney diseases associated with glomerular nephropathies.
In early 2020, the GKPTN enrolled its first patient with the purpose of developing a network of patients with CKD willing to participate in clinical research projects accessible via a single global chronic kidney disease platform.
The GKPTN now has more than 140 sites in nine countries globally recruiting patients, including Australia, China, Japan, USA, Canada, Argentina, Brazil, Spain, and Italy with the full intention of continuing to expand the number of countries in the coming years.
The development of the GKPTN was made possible through a generous grant from AstraZeneca and serves as a clear example of a true research partnership.
-- BERNAMA
Wednesday, October 26, 2022
MORE FOREST COVERAGE MEANS ADDITIONAL INCOME FOR FARMERS
SHANGHAI, Oct. 25, 2022 /Xinhua-AsiaNet/--
More than 30 percent of the total area of Chongming is covered by forest. The 36,000 hectares of forests on the island district account for nearly one-third of Shanghai's total.
That high forest coverage plays an important role in air purification, water conservation and climate regulation. Agricultural products grown in forests can also reduce the adverse effects of wind, drought, diseases and pests.
The forest ecosystem comprises many animals, plants and other organisms, which has a high economic value if reasonably developed, giving rise to "forest economics".
The Shanghai Conghui Agricultural Products Professional Cooperative plants matsutake mushrooms in the forest in Xincun Town. The mushrooms are grown with local rice straw as the substrate and organic fertilizer is applied. Yang Ji, head of the cooperative has calculated that the output of the fungi planted in the forest is almost the same as that planted in the field, but it can greatly reduce costs and save land resources.
Chongming is also exploring planting Chinese herbs such as dendrobium and some shade-loving flowers and plants in forests.
Agricultural products
While it is widely believed that high forest coverage can help improve the quality of local agricultural products, few may know that tall fruit trees such as orange and pear trees are also forest resources. Chongming fruit forests have both ecological and economic value.
Gu Chao, head of Chongming Luhua Agricultural Trade Co, said that the sales price of locally produced Cuiguan pears has surged more than 30 percent this year, and the brand-name pear was sold out as early as before the end of July.
Gu believes that the popularity of Chongming pear lies in its superior quality. In addition to the ecological planting and natural maturity that Chongming always insists upon the island's environment is also suitable for the growth of pear trees.
"Pear trees grow well and have fewer pests and diseases," Luo Jun, a research fellow with the Forestry and Fruit Institute of the Shanghai Academy of Agricultural Sciences, pointed out.
Luo added that Cuiguan pear was selected as the main variety of pear to be grown in Chongming because it was found through research that the soil pH, groundwater level and climate conditions in Chongming were particularly suitable for its growth.
The forest coverage in Chongming has increased together with the money in Chongming people's pockets. This is a kind of wisdom.
Source: Information Office of Shanghai Chongming District People's Government
http://mrem.bernama.com/viewsm.php?idm=44525
IIJ LAUNCHES "IIJ SAFOUS SOARAAS," SECURITY OPERATIONAL SERVICE FOR OVERSEAS LOCATIONS
AsiaNet 98466
TOKYO, Oct. 26, 2022 /Kyodo JBN-AsiaNet/ --
- Achieving Global Security Control and Reducing Security Operation Workload -
Internet Initiative Japan Inc. (TSE Prime: 3774), one of Japan's leading Internet access and comprehensive network solutions providers, announced the launch of IIJ Safous SOARaaS, a monthly cloud service that streamlines and automates security operations at overseas locations. This service provides integrated security monitoring and operational management of the customer's environment by a dedicated team of analysts through the linkage of the customer's cloud, endpoint, firewall, and related security infrastructure with the service platform (SOAR platform(*)). In the event of a security incident, IIJ Group security analysts will examine security alerts as necessary and notify customers of the analysis results, scope of impact, and other information in English and Japanese. The service will provide Japanese companies with many offices in Asia and companies operating worldwide with global security control and reduce the operational burden of security. The SOARaaS Platform uses Cortex (TM) XSOAR, a SOAR platform from Palo Alto Networks, Inc.
(*) SOAR (Security Orchestration Automation and Response): Refers to technologies and solutions that streamline and automate operations related to security operations, including integrated control of various security products, incident response automation, and case management, analysis and reporting.
Background
Security incidents in corporate networks have dramatically increased in recent years. Supply chain attacks targeting branch offices overseas affect business continuity and even lead to shutdowns of factories or other major operational issues. Against this backdrop, many companies, both in Japan and abroad, now require their suppliers to implement advanced security measures as a condition of doing business with them. Additionally, IIJ has seen a global trend where cyber security laws are becoming stricter, requiring businesses of all sizes to implement stricter measures than before.
Overview of the service and its features
- Streamlining and automating operational tasks for security
The service is the first managed SOAR service in Japan to utilize Palo Alto Network's Cortex (TM) XSOAR, a tool for automating security operations. Palo Alto Network's next-generation firewalls, Prisma (R) Access (SASE platform), Cortex XDR (endpoint security), and IIJ's managed zero-trust network access service "Safous" support security log monitoring as default, with 24/7 automated monitoring of security incidents. The range of products compatible with monitoring will be added accordingly.
In the event of a security incident, security analysts examine the alerts as needed. Depending on the severity of the incident, analysts will quickly coordinate information with the customer via e-mail or telephone. Outsourcing customers' primary response to security incidents can greatly reduce their operational costs. Additionally, managed integrated operational services including installation and replacement of security products, operation of service infrastructure, fine-tuning, and version upgrades will enable customers to fully control the security of their overseas branches through IIJ's new service.
- Multilingual support
IIJ has established a Security Center in Indonesia, where the IIJ Group security analysts provide 24/7 customer support in English and Japanese. In cooperation with its local subsidiaries in Asia, IIJ plans to provide support in Chinese, Indonesian, Vietnamese, Thai, and other languages by FY2023.
- Multi-tenant model allows customers to "start off small"
The industry-leading SOAR system that automates security operations, including Incident & Response by high-level security personnel, is offered in a multi-tenant format, allowing companies to "start off small" with services starting from less than JPY200,000/month. For large-scale customers, IIJ can also provide dedicated SOAR.
Reference prices
- Example (1)
300 users, 1 product (monitored systems such as firewalls, endpoints, etc.)
From JPY170,000/month
- Example (2)
3,000 users, 2 products
From JPY1,440,000/month
*Prices vary depending on the number of users and products to be monitored.
*Prices shown do not include tax.
Main features
- Integrated security monitoring: 24/7 monitoring by security analysts, security incident notifications, etc.
- Integrated operation: Change settings, check for no abnormalities, isolate and respond to problems, etc. of monitored systems
- Portal site: Ticket management system, security alert statistics, and security knowledge (video content) viewing/provision
For more information, please access the Safous website at:
https://www.safous.com/features/soaraas
IIJ will continue to actively strengthen its technological development and sales/support systems in cooperation with its overseas offices/group companies to support the growth of customers' global businesses.
About IIJ
Founded in 1992, IIJ is one of Japan's leading Internet-access and comprehensive network solutions providers. IIJ and its group companies provide total network solutions that mainly cater to high-end corporate customers.
IIJ's services include high-quality Internet connectivity services, systems integration, cloud computing services, security services and mobile services. Moreover, IIJ has built one of the largest Internet backbone networks in Japan that is connected to the United States, the United Kingdom and Asia. IIJ was listed on the Prime Market of the Tokyo Stock Exchange in 2022.
For more information about IIJ, visit the official website:
https://www.iij.ad.jp/en/
The statements within this release contain forward-looking statements about IIJ's future plans that involve risk and uncertainty. These statements may differ materially from actual future events or results.
*All company, product and service names used in this press release are the trademarks or registered trademarks of their respective owners.
*Prices, specifications, and contents of the services described in this press release are current as of the date of the announcement. They are subject to change without notice.
Source: Internet Initiative Japan Inc.
- Achieving Global Security Control and Reducing Security Operation Workload -
Internet Initiative Japan Inc. (TSE Prime: 3774), one of Japan's leading Internet access and comprehensive network solutions providers, announced the launch of IIJ Safous SOARaaS, a monthly cloud service that streamlines and automates security operations at overseas locations. This service provides integrated security monitoring and operational management of the customer's environment by a dedicated team of analysts through the linkage of the customer's cloud, endpoint, firewall, and related security infrastructure with the service platform (SOAR platform(*)). In the event of a security incident, IIJ Group security analysts will examine security alerts as necessary and notify customers of the analysis results, scope of impact, and other information in English and Japanese. The service will provide Japanese companies with many offices in Asia and companies operating worldwide with global security control and reduce the operational burden of security. The SOARaaS Platform uses Cortex (TM) XSOAR, a SOAR platform from Palo Alto Networks, Inc.
(*) SOAR (Security Orchestration Automation and Response): Refers to technologies and solutions that streamline and automate operations related to security operations, including integrated control of various security products, incident response automation, and case management, analysis and reporting.
Background
Security incidents in corporate networks have dramatically increased in recent years. Supply chain attacks targeting branch offices overseas affect business continuity and even lead to shutdowns of factories or other major operational issues. Against this backdrop, many companies, both in Japan and abroad, now require their suppliers to implement advanced security measures as a condition of doing business with them. Additionally, IIJ has seen a global trend where cyber security laws are becoming stricter, requiring businesses of all sizes to implement stricter measures than before.
Overview of the service and its features
- Streamlining and automating operational tasks for security
The service is the first managed SOAR service in Japan to utilize Palo Alto Network's Cortex (TM) XSOAR, a tool for automating security operations. Palo Alto Network's next-generation firewalls, Prisma (R) Access (SASE platform), Cortex XDR (endpoint security), and IIJ's managed zero-trust network access service "Safous" support security log monitoring as default, with 24/7 automated monitoring of security incidents. The range of products compatible with monitoring will be added accordingly.
In the event of a security incident, security analysts examine the alerts as needed. Depending on the severity of the incident, analysts will quickly coordinate information with the customer via e-mail or telephone. Outsourcing customers' primary response to security incidents can greatly reduce their operational costs. Additionally, managed integrated operational services including installation and replacement of security products, operation of service infrastructure, fine-tuning, and version upgrades will enable customers to fully control the security of their overseas branches through IIJ's new service.
- Multilingual support
IIJ has established a Security Center in Indonesia, where the IIJ Group security analysts provide 24/7 customer support in English and Japanese. In cooperation with its local subsidiaries in Asia, IIJ plans to provide support in Chinese, Indonesian, Vietnamese, Thai, and other languages by FY2023.
- Multi-tenant model allows customers to "start off small"
The industry-leading SOAR system that automates security operations, including Incident & Response by high-level security personnel, is offered in a multi-tenant format, allowing companies to "start off small" with services starting from less than JPY200,000/month. For large-scale customers, IIJ can also provide dedicated SOAR.
Reference prices
- Example (1)
300 users, 1 product (monitored systems such as firewalls, endpoints, etc.)
From JPY170,000/month
- Example (2)
3,000 users, 2 products
From JPY1,440,000/month
*Prices vary depending on the number of users and products to be monitored.
*Prices shown do not include tax.
Main features
- Integrated security monitoring: 24/7 monitoring by security analysts, security incident notifications, etc.
- Integrated operation: Change settings, check for no abnormalities, isolate and respond to problems, etc. of monitored systems
- Portal site: Ticket management system, security alert statistics, and security knowledge (video content) viewing/provision
For more information, please access the Safous website at:
https://www.safous.com/features/soaraas
IIJ will continue to actively strengthen its technological development and sales/support systems in cooperation with its overseas offices/group companies to support the growth of customers' global businesses.
About IIJ
Founded in 1992, IIJ is one of Japan's leading Internet-access and comprehensive network solutions providers. IIJ and its group companies provide total network solutions that mainly cater to high-end corporate customers.
IIJ's services include high-quality Internet connectivity services, systems integration, cloud computing services, security services and mobile services. Moreover, IIJ has built one of the largest Internet backbone networks in Japan that is connected to the United States, the United Kingdom and Asia. IIJ was listed on the Prime Market of the Tokyo Stock Exchange in 2022.
For more information about IIJ, visit the official website:
https://www.iij.ad.jp/en/
The statements within this release contain forward-looking statements about IIJ's future plans that involve risk and uncertainty. These statements may differ materially from actual future events or results.
*All company, product and service names used in this press release are the trademarks or registered trademarks of their respective owners.
*Prices, specifications, and contents of the services described in this press release are current as of the date of the announcement. They are subject to change without notice.
Source: Internet Initiative Japan Inc.
NETHERLANDS GUEST OF HONOUR AT 5TH HEBEI INTERNATIONAL INDUSTRIAL DESIGN WEEK
KUALA LUMPUR, Oct 25 (Bernama) -- The Fifth Hebei International Industrial Design Week will be held from Nov 10 to Nov 16 in Hebei Province with the Netherlands as the guest of honour.
In a statement, the Hebei Provincial Industry and Information Technology Department said the province’s new modern city, Xiongan New Area, would serve as the event’s main venue while some activities would also be held in the cities of Shijiazhuang, Qinhuangdao and Dingzhou.
It said a series of activities would be featured in the main venue, including the launching ceremony and keynote speeches, Xiongan Design Forum and the industrial design innovation exhibition, making it an open platform for international design cooperation featuring meetings, exhibitions and award ceremonies.
“Additionally, the Xiongan Design Forum, World Design Organisation (WDO) and World Design Weeks will join hands in hosting a series of activities like keynote speeches and round-table dialogues,” it said.
It said the topics would cover urban development, industrial transformation, the new normal of production and life, new consumption trends and sustainable development, among others.
“Leading figures from domestic and foreign design institutions, manufacturing enterprises and universities will be there to interpret and discuss pioneering design innovation ideas and trends,” it added.
Since 2018, Hebei has held four international industrial design weeks in the Xiongan New Area, including 139 forums, exhibitions, match-making and exchange activities that have attracted enterprises from over 50 countries and regions and 25,000 design works.
Hebei has leveraged the event as an important platform to cultivate and develop the industrial design service industry, promote the deep integration of industrial design and manufacturing industry and bring innovation and development onto the global stage.
-- BERNAMA
5G SERVICE REVENUE TO REACH US$315 BLN GLOBALLY IN 2023 - JUNIPER RESEARCH
KUALA LUMPUR, Oct 25 (Bernama) -- The operator‑billed 5G service revenue will reach US$315 billion in 2023; rising from US$195 billion (US$1 = RM4.739) in 2022, according to a new Juniper Research study.
According to a statement, this represents a growth of over 60 per cent in a single year.
The research predicts this increase in revenue will be driven by the accelerating migration of cellular subscriptions to 5G networks; owing to operator strategies that minimise or remove any premium over existing 4G subscription offerings.
It forecast that over 600 million new 5G subscriptions would be created next year despite the anticipated economic downturn in 2023.
In addition, the report predicts growth of 5G networks will continue and over 80 per cent of global operator‑billed revenue will be attributable to 5G connections by 2027.
As the telecommunications industry demonstrated its robustness against the impact of the COVID-19 pandemic, the report projects the growth of 5G will also be resilient against this economic downturn, owing to the vital importance of mobile Internet connectivity today.
“Despite the growth of the Internet of Things, revenue from consumer connections will continue to be the cornerstone of 5G operator revenue increase.
“Over 95 per cent of global 5G connections in 2027 will be connected to personal devices such as smartphones, tablets and mobile broadband routers,” said research co-author Olivia Williams.
Juniper Research provides research and analytical services to the global hi-tech communications sector, providing consultancy, analyst reports and industry commentary.
-- BERNAMA
CHONGMING FORMULATES STRINGENT STANDARDS TO ENSURE SAFETY, SUSTAINABLE USE OF FARMLAND
KUALA LUMPUR, Oct 25 (Bernama) -- Chongming has formulated stringent access standards for the inputs in agriculture to ensure the safety and sustainable use of farmland by establishing a green food chain mechanism and eliminating the circulation of unqualified agricultural material from the source.
It has also carried out agricultural pollution control, increased the adjustment of agricultural industrial structure, accelerated the resource utilisation of agricultural production waste, and implemented soil remediation in an orderly manner.
Chongming's soil contains much less cadmium, mercury, arsenic, lead, chromium, copper, nickel and zinc which is in line with the standard of the Ministry of Agriculture, with over 70 per cent of Chongming's farmland using high-quality or above average soil.
With less alkaline and sandy soil and rich in nutrients, the soil on Chongming Island provides fertile ground for the growth of rhizome plants such as yams, sweet potatoes and taros, according to a statement.
Chongming crispy taro has been cultivated for over 400 years and has already become a national well-known product.
Besides crispy taro, white lentil, golden melon and rice are all Chongming's characteristic agricultural products.
In recent years, Chongming has accelerated the development of seed sources, thus promoting the commercialisation, scale and industrialisation of these agricultural products.
For the highest quality produce, from restaurants to kitchen tables, green, organic, and fresh are the standard.
The “green” concept guarantees a certain quality of agricultural product, while flavour adds to the market value. In this regard, Chongming produce has a clear advantage as high-quality soil leads to high-quality crops.
-- BERNAMA
Tuesday, October 25, 2022
TACONIC BIOSCIENCES LAUNCHES FIRST AND ONLY SUPER IMMUNODEFICIENT MOUSE MODELS LACKING RESIDUAL MURINE FC GAMMA RECEPTORS, FOR IMPROVED ANTIBODY THERAPY ASSESSMENT
FcResolv™ NOG Models Provide Greater Clarity and More Translatable Data
RENSSELAER, N.Y., Oct 25 (Bernama-GLOBE NEWSWIRE) -- Taconic Biosciences, a global leader in providing drug discovery animal model solutions, has launched the FcResolv™ NOG portfolio, the first and only super immunodeficient mouse models lacking residual murine Fc gamma receptors (FcγRs) known to confound results in antibody-based therapy studies.
Murine FcγRs can cause false positives or false negatives, leading to incorrect conclusions and derail drug discovery. FcResolv NOG models knock out these receptors for greater clarity in antibody-based drug studies, affording investigators greater confidence and more translatable data with fewer studies and fewer animals. With applicability in oncology, immuno-oncology, and autoimmune disease, FcResolv NOG models are suitable for engrafting a wide range of human cells and tissues, including simultaneous human tumor engraftment and immune system humanization.
“Antibody-based therapies represent one of the fastest-growing classes of drugs, creating a pressing need for better preclinical tools to assess therapeutics such as monoclonal antibodies, antibody-drug conjugates, and bispecific antibodies,” said Dr. Michael Seiler, vice president of commercial products at Taconic. “Taconic’s FcResolv NOG portfolio enables researchers to evaluate drug candidates like these on their own merits, free of interference from residual murine Fc gamma receptor activity.”
FcResolv NOG models eliminate the false negatives that occur when an antibody-based therapeutic’s Fc domain interacts with murine FcγRs as well as the false positives that result when FcγRs trigger residual murine immune activity. They also eliminate costly deconvolution steps otherwise needed to distinguish true drug efficacy from off-target effects mediated through the mouse immune system. With more reliable answers, researchers can target their drug discovery investments more strategically and effectively.
The FcResolv NOG model portfolio is based on the super immunodeficient CIEA NOG mouse®. The portfolio currently includes two models:
RENSSELAER, N.Y., Oct 25 (Bernama-GLOBE NEWSWIRE) -- Taconic Biosciences, a global leader in providing drug discovery animal model solutions, has launched the FcResolv™ NOG portfolio, the first and only super immunodeficient mouse models lacking residual murine Fc gamma receptors (FcγRs) known to confound results in antibody-based therapy studies.
Murine FcγRs can cause false positives or false negatives, leading to incorrect conclusions and derail drug discovery. FcResolv NOG models knock out these receptors for greater clarity in antibody-based drug studies, affording investigators greater confidence and more translatable data with fewer studies and fewer animals. With applicability in oncology, immuno-oncology, and autoimmune disease, FcResolv NOG models are suitable for engrafting a wide range of human cells and tissues, including simultaneous human tumor engraftment and immune system humanization.
“Antibody-based therapies represent one of the fastest-growing classes of drugs, creating a pressing need for better preclinical tools to assess therapeutics such as monoclonal antibodies, antibody-drug conjugates, and bispecific antibodies,” said Dr. Michael Seiler, vice president of commercial products at Taconic. “Taconic’s FcResolv NOG portfolio enables researchers to evaluate drug candidates like these on their own merits, free of interference from residual murine Fc gamma receptor activity.”
FcResolv NOG models eliminate the false negatives that occur when an antibody-based therapeutic’s Fc domain interacts with murine FcγRs as well as the false positives that result when FcγRs trigger residual murine immune activity. They also eliminate costly deconvolution steps otherwise needed to distinguish true drug efficacy from off-target effects mediated through the mouse immune system. With more reliable answers, researchers can target their drug discovery investments more strategically and effectively.
The FcResolv NOG model portfolio is based on the super immunodeficient CIEA NOG mouse®. The portfolio currently includes two models:
- FcResolv NOG, for tumor xenografts using cell lines or patient-derived tumors, engraftment of other normal or pathological human cells and tissues, and immune system humanization studies
- FcResolv hIL-15 NOG, which supports engraftment of human NK cells and is suitable for efficacy studies on antibody-based therapeutics with an antibody-dependent cellular cytotoxicity (ADCC) mechanism of action
To learn more about the FcResolv NOG portfolio, visit www.Taconic.com/fcresolv. Or call 1-888-TACONIC (888-822-6642) in the US, +45 70 23 04 05 in Europe, or email info@taconic.com.
About Taconic Biosciences, Inc.
Taconic Biosciences is a fully licensed, global leader in genetically engineered rodent models and services. Founded in 1952, Taconic provides the best animal solutions so that customers can acquire, custom-generate, breed, precondition, test, and distribute valuable research models worldwide. Specialists in genetically engineered mouse and rat models, microbiome, immuno-oncology mouse models, and integrated model design and breeding services, Taconic operates service laboratories and breeding facilities in the U.S. and Europe, maintains distributor relationships in Asia and has global shipping capabilities to provide animal models almost anywhere in the world.
Media Contact:
Louise Baskin, Senior Director New Product Pipeline
303-432-2495
Louise.Baskin@taconic.com
SOURCE : Taconic Biosciences
About Taconic Biosciences, Inc.
Taconic Biosciences is a fully licensed, global leader in genetically engineered rodent models and services. Founded in 1952, Taconic provides the best animal solutions so that customers can acquire, custom-generate, breed, precondition, test, and distribute valuable research models worldwide. Specialists in genetically engineered mouse and rat models, microbiome, immuno-oncology mouse models, and integrated model design and breeding services, Taconic operates service laboratories and breeding facilities in the U.S. and Europe, maintains distributor relationships in Asia and has global shipping capabilities to provide animal models almost anywhere in the world.
Media Contact:
Louise Baskin, Senior Director New Product Pipeline
303-432-2495
Louise.Baskin@taconic.com
SOURCE : Taconic Biosciences
CHONGMING'S AGRICULTURAL PRODUCTION GAINS AS WATER QUALITY IMPROVES
KUALA LUMPUR, Oct 25 (Bernama) -- Chongming's agricultural production has gained tremendously through its water environment improvement project, initiated since 2017 as part of its industrial structure adjustment programme.
According to a statement today from Shanghai Chongming District People's Government, the programme was implemented to fulfil the requirements of its ecological island construction and the city's industrial structure adjustment.
“After over 10 years of effort, nearly 300 projects with outdated production capacity have been shut down or relocated, including industries such as textile, printing and dyeing, and paper making, which are likely to cause pollution to the water environment.
“Through the unremitting water environment improvement project, Chongming’s surface water quality compliance rate has reached 100 per cent and agricultural production continues to benefit,” it said.
Among others, mitten crab and rice are Chongming's signature agricultural products benefitting from its high water quality, it said.
Accordingly, Chongming rice, being free from use of chemical fertilisers and pesticides, has won a silver medal for its high quality in 2017 in Shanghai.
-- BERNAMA
GUANGXI'S 'NIGHT ECONOMY' STIMULATES DOMESTIC DEMAND, BOOSTS PEOPLE'S LIVELIHOOD
KUALA LUMPUR, Oct 25 (Bernama) -- The “night economy” in the Guangxi Zhuang Autonomous Region has played a significant role in stimulating domestic demand and serving to boost people’s livelihood there.
In recent years, the regional authorities released a series of policies to promote the night economy’s development, and all parts of the region have actively carried out activities such as night eating out, night viewing, night entertainment, and night shopping.
In a statement, the Guangxi Zhuang Autonomous Region Culture and Tourism Department said such night economic activities turn “traveller flow” into “traveller stay”, thereby effectively activating night consumption and boosting economic growth.
It said a number of national-level night culture and tourism consumption clusters, such as the “Three Streets and Two Alleys” in Nanning, the ASEAN Culture and Tourism Area in Nanning, and Yueye Dong Village in Liuzhou, have become the models for night economic development in Guangxi.
“In recent years, promoted by multiple favourable policies such as old city renovation and urban renewal, the once outdated ‘Three Streets and Two Alleys’, in downtown Nanning, have also taken a new lease of life,” it said.
In addition, as the night closes in, the street market in Nanning ASEAN Culture and Tourism Area is as bright as daytime, flowing with light and colour. It has gathered more than 2,000 night business entities and developed eight night-themed consumption activities.
To upgrade night consumption, Guangxi recently issued policies encouraging businesses to stay open late and focus on cultivating and building a number of night culture and tourism consumption clusters.
“Night economy has played an increasingly important role in releasing consumption vitality and promoting economic growth.
“We will continue to promote the innovation and development of the night economy; advance the integration of business, culture and tourism; vigorously develop new business formats and foster new scenes of night consumption; activate new hot spots of night consumption; and empower the upgrade of urban economy,” said Lai Fuqiang, deputy director of the region’s Department of Culture and Tourism.
-- BERNAMA
Friday, October 21, 2022
Valuence changes name of Nanboya luxury brand goods buying business to ALLU
KUALA LUMPUR, Oct 20 (Bernama) -- Tokyo-listed Valuence International Ltd has changed the name of its Nanboya luxury brand goods buying business at all overseas locations to ALLU.
The name change is intended to strengthen its marketing and appeal to customers by offering a unified brand for purchases and sales, with a view to launching retail sales in various countries in the future, the company said.
“ALLU means ‘all for you’ and refers to the company’s commitment to listen to customers, to offer a wider range of services, and to be a value linking to the future,” it said in a statement.
Further, the company has decided to unify its overseas luxury brand goods purchasing businesses and retail businesses under the familiar ALLU brand name.
It has also launched the ALLU retail brand for general consumers in the United States, expanding overseas sales channels further.
Since opening its first office in Hong Kong in July 2019, Valuence has continued to expand its presence overseas. The company now operates a total of 34 locations in 16 countries.
Valuence International Ltd is a group company of Valuence Holdings Inc. Its business lines involve the purchase and sale of luxury brand goods, precious metals, and gems, among others.
More details at https://www.valuence.inc/en/
-- BERNAMA
JUNIPER RESEARCH: TRAVEL & EXPENSE MANAGEMENT SOFTWARE REVENUE TO SURPASS $16 BILLION GLOBALLY BY 2027, AS BUSINESSES SEEK TO PREVENT GROWING EXPENSE FRAUD
BASINGSTOKE, England, Oct 18 (Bernama-BUSINESS WIRE) -- A new study from Juniper Research has found the total revenue generated by T&E (Travel & Expense) management software will reach $16 billion globally by 2027; up from $8.7 billion in 2022. It predicts the risk of expense fraud will increase as hybrid working grows, with remote working offering the ideal environment for employees to submit fraudulent reports.
· To find out more, see the new report: Travel & Expense Management: Key Opportunities, Emerging Trends & Market Forecasts 2022-2027
· Download the free whitepaper: Employee Fraud ~ Driving the Travel & Expense Management Market
· Download the free whitepaper: Employee Fraud ~ Driving the Travel & Expense Management Market
Expense Fraud Will Drive Growth
The research anticipates growing risks of employee expense fraud will drive demand for T&E management solutions. Manual T&E management practices are unable to detect expense fraud and incapable of identifying all cases of fraudulent activity due to the volume of expense reports submitted.
In contrast, dedicated T&E management solutions are capable of detecting and resolving numerous varieties of expense fraud, such as duplicate claims, by leveraging AI (Artificial Intelligence) to detect new methods of fraud; saving businesses time and money. Given these benefits are often overlooked, Juniper Research recommends vendors in the market prioritise development of AI-based anti-expense fraud capabilities and demonstrate these benefits when marketing their solutions.
Remote Working Encourages Adoption
Additionally, following the COVID-19 pandemic, remote working has become increasingly commonplace. The report found this has led to a rise in expense fraud, as less supervision and outdated manual T&E management processes enable employees to more readily submit fraudulent expense reports.
Research author Jordan Rookes explained: “Manual T&E management practices become inefficient and encourage expense fraud in remote working environments. With manual processes unfit for purpose, businesses will look to automated solutions to digitise the T&E management process; improving efficiency, and discouraging the submission of fraudulent expense reports, whilst improving fraud detection rates.”
Thursday, October 20, 2022
QUANTEXA RECOGNISED AS CATEGORY LEADER IN CHARTIS KYC SOLUTIONS REPORT
KUALA LUMPUR, Oct 20 (Bernama) -- Quantexa, a global data and analytics software company, has been recognised as a category leader in the just released 2022 Chartis KYC Solutions Market Update and Vendor Landscape Report.
Chartis is a research and advisory firm that provides technology and business advice to the global risk management industry.
According to a statement, Quantexa is recognised as a category leader for the completeness of its enterprise solution as well as for its market potential.
The Quantexa KYC Solution was rated “best in class” for the Know Your Customer (KYC) risk scoring and customer profile enrichment with additional data and received an advanced ranking for customer onboarding and reporting, and dashboarding.
“Quantexa is thrilled to be included in the Chartis KYC Market Quadrant Report, positioned very strongly amongst an esteemed list of enterprise solution providers,” said Quantexa chief product officer Dan Higgins.
The Chartis KYC report is focused on the macro themes of cost savings and efficiency. Currently, KYC processes can be manual, and error-prone and result in a poor experience throughout the customer lifecycle.
Quantexa’s Decision Intelligence Platform transforms the approach to KYC by adding context and clarity from onboarding to exit, dynamically monitoring and assessing customer risk and opportunity, and shifting away from manual periodic reviews to an automated, proactive process.
The platform connects internal and external data to create a single, enriched, holistic view of a customer and its control and uncovers hidden connections between customers, counterparties and their behaviours which are often impossible to see in isolation.
Quantexa’s positioning in the report is reflective of its customers’ proven results and is proof that adopting a contextual and perpetual approach to KYC reduces the time and costs involved for businesses.
-- BERNAMA
LeddarTech to presents ADAS, AD technology at automotive events in Detroit next month
KUALA LUMPUR, Oct 19 (Bernama) -- LeddarTech, a global leader in providing the most flexible, robust and accurate Advanced Driver Assistance Systems (ADAS)and Autonomous Driving (AD) software technology, announced its participation at two key automotive events in Detroit, Michigan.
The events are American Automotive Summit (Nov 1-2) and Tech.AD USA (Nov 13-15).
According to a statement, the company would demonstrate LeddarVision, a unique raw data sensor fusion and perception solution that enables the mass deployment of ADAS and AD solutions.
It said the American Automotive Summit served as an annual platform to exchange ideas surrounding the impact of market dynamics and new technologies for current and future automotive leaders.
LeddarTech said its president and chief operating officer of LeddarTech Frantz Saintellemy would make a presentation on Nov 2 at the event with the topic “Sensing and Perception Technology – Critical Challenges and Solutions for ADAS and AD”.
Meanwhile, it said Tech.AD USA is the leading knowledge exchange platform in North America, bringing together over 250 stakeholders who play an active role in the vehicle automation scene.
It said at Tech.AD USA, the company’s technical experts would demonstrate how raw data fusion technology simplified complex sensor sets and eliminated the dependency on hardware to provide customers the flexibility to scale and deliver greater ADAS and AD performance quickly.
Founded in 2007, LeddarTech offers comprehensive end-to-end raw data fusion and perception solutions enabling customers to solve critical challenges across the entire value chain.
More details at www.leddartech.com.
-- BERNAMA
Wednesday, October 19, 2022
Triller unveils Metaverz platform, provides direct access to creators worldwide
KUALA LUMPUR, Oct 18 (Bernama) -- Triller, the leading artificial intelligence (AI)-powered creator platform, is taking its creator-first approach to the metaverse with its latest venture, the Metaverz, a first-of-its-kind virtual integrated digital, technology, media, and entertainment platform.
“We are extremely excited to debut the Metaverz and open up direct access to creators from all corners of the world.
“We are committed to expanding offerings for our users, creators, and businesses, and entering the metaverse strategically positions Triller at the forefront of several compelling trends including Web3 and decentralisation,” said chief executive officer Mahi de Silva in a statement.
Triller’s Metaverz will operate at the intersection of music, sports, gaming, and live events, according to the statement.
Users can engage with Triller’s record-breaking live sporting and music events that attract millions of viewers around the globe.
Another unique feature of the Metaverz experience is Triller’s partnership with Epik. Both companies will launch multiple games within the Metaverz and announce future partnerships with some of the world’s leading gaming companies.
During 2022 alone, Triller has expanded its presence in the world of combat sports with the acquisitions of Bare Knuckle Fight Club and Pillow Fight Championship.
Meanwhile, in the content creator space, Triller also acquired Fangage, a platform to maximise creator monetisation, furthering the former's commitment to putting content creators first.
-- BERNAMA
JUNIPER RESEARCH: SECURITY INFORMATION & EVENT MANAGEMENT SPEND TO EXCEED $6.4 BILLION BY 2027 GLOBALLY, AS IBM, RAPID7 & SPLUNK LEAD THE MARKET
BASINGSTOKE, England, Oct 17 (Bernama-BUSINESS WIRE) -- A new study from Juniper Research has found that the total business spend on SIEM (Security Identity & Event Management) will exceed $6.4 billion globally by 2027, from just over $4.4 billion in 2022. It predicts that this growth of 45% will be driven by the transition from term licence (where businesses can use SIEM for specific licence lengths) to more flexible SaaS (Software-as-a-Service) models (where SIEM solutions are purchased via monthly subscription). This will enable small businesses to access previously unaffordable services.
A SIEM system is a combination of SIM (Security Information Management) & SEM (Security Event Management), which results in real-time automated analysis of security alerts generated by applications and network hardware; leading to improved corporate cybersecurity.MARY KAY INC. FURTHERS COMMITMENT TO CONSERVATION, JOINS UN OCEAN STEWARDSHIP COALITION
Deborah Gibbins, Mary Kay’s Chief Operating Officer (Credit: Mary Kay Inc.)
DALLAS, Oct 19 (Bernama-BUSINESS WIRE) -- Mary Kay Inc., a global advocate for corporate sustainability and stewardship, recently joined the UN Global Compact’s Ocean Stewardship Coalition—an effort to bring together the private sector alongside UN agencies, academia, governments and non-governmental organizations to address biodiversity and climate change through a focus on ocean health.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20221018005127/en/
As a current signatory of the UN Sustainable Ocean Principles, the Ocean Stewardship Coalition furthers Mary Kay’s commitment to securing a healthy and productive ocean. The Ocean Stewardship Coalition seeks to leverage private sector involvement to increase ocean awareness and develop climate-smart innovation. It also calls upon stakeholders, including business leaders, to use climate-smart policies to address environmental and climate injustices as well as adopt a human-centered approach to policy solutions.
In alignment with the Sustainable Ocean Principles and the Ocean Stewardship Coalition, Mary Kay supported several projects this year in partnership with The Nature Conservancy to improve ocean health through the protection and restoration of critical habitats such as coral reefs, oyster reefs, and coastal wetlands, as well as to advance women’s leadership in conversation:
In alignment with the Sustainable Ocean Principles and the Ocean Stewardship Coalition, Mary Kay supported several projects this year in partnership with The Nature Conservancy to improve ocean health through the protection and restoration of critical habitats such as coral reefs, oyster reefs, and coastal wetlands, as well as to advance women’s leadership in conversation:
- Restoring Asia Pacific shellfish reefs in Australia, Hong Kong, China, the Coral Triangle;
- Ensuring that coral protection and restoration efforts in the Coral Triangle Countries – Indonesia, Papua New Guinea and Solomon Islands – are supported through conservation efforts and initiatives that positively impact the whole region;
- Supporting women environmental leaders in the Pacific in Papua New Guinea and the Solomon Islands;
- Coastal conservation and restoration in the Gulf Coast and assessing the feasibility of blue carbon markets to support long-term wetland management; and
- Improving fisheries in Mexico to empower communities and women in the fishing industry.
“Nature-based solution projects led by women are revolutionizing the way we protect our oceans for future generations,” said Deborah Gibbins, Chief Operating Officer at Mary Kay. “By joining the Ocean Stewardship Coalition, Mary Kay hopes to support these projects and inspire additional women to take action in their local communities.”
As part of Mary Kay’s ongoing efforts to increase global ocean awareness, Mary Kay is also engaging in key ocean forums such as the Economist Impact’s World Ocean Tech & Innovation Summit, hosted by Canada’s Ocean Supercluster in collaboration with the Province of Nova Scotia and the Halifax Partnership, where innovators, business leaders, thought leaders and investors convened to learn about and engage with the latest “blue economy” innovators and technologies, and identify solutions that will form the roadmap to a sustainable, thriving ocean economy.
To read more about Mary Kay’s commitment to sustainability, visit marykayglobal.com/sustainability and download Mary Kay’s global sustainability strategy: Enriching Lives Today for a Sustainable Tomorrow.
About Mary Kay Inc.
One of the original glass ceiling breakers, Mary Kay Ash founded her dream beauty company in 1963 with one goal: enriching women’s lives. That dream has blossomed into a multibillion-dollar company with millions of independent sales force members in nearly 40 countries. As an entrepreneurship development company, Mary Kay is committed to empowering women on their journey through education, mentorship, advocacy, networking, and innovation. Mary Kay is dedicated to investing in the science behind beauty and manufacturing cutting-edge skincare, color cosmetics, nutritional supplements, and fragrances. Mary Kay believes in enriching lives today for a sustainable tomorrow, partnering with organizations from around the world focusing on promoting business excellence, supporting cancer research, advancing gender equality, protecting survivors of domestic abuse, beautifying our communities, and encouraging children to follow their dreams. Learn more at marykayglobal.com, find us on Facebook, Instagram, and LinkedIn, or follow us on Twitter.
View source version on businesswire.com:
https://www.businesswire.com/news/home/20221018005127/en/
Contact
Mary Kay Inc.
Corporate Communications
marykay.com/newsroom
972.687.5332 or media@mkcorp.com
Source : Mary Kay Inc.
As part of Mary Kay’s ongoing efforts to increase global ocean awareness, Mary Kay is also engaging in key ocean forums such as the Economist Impact’s World Ocean Tech & Innovation Summit, hosted by Canada’s Ocean Supercluster in collaboration with the Province of Nova Scotia and the Halifax Partnership, where innovators, business leaders, thought leaders and investors convened to learn about and engage with the latest “blue economy” innovators and technologies, and identify solutions that will form the roadmap to a sustainable, thriving ocean economy.
To read more about Mary Kay’s commitment to sustainability, visit marykayglobal.com/sustainability and download Mary Kay’s global sustainability strategy: Enriching Lives Today for a Sustainable Tomorrow.
About Mary Kay Inc.
One of the original glass ceiling breakers, Mary Kay Ash founded her dream beauty company in 1963 with one goal: enriching women’s lives. That dream has blossomed into a multibillion-dollar company with millions of independent sales force members in nearly 40 countries. As an entrepreneurship development company, Mary Kay is committed to empowering women on their journey through education, mentorship, advocacy, networking, and innovation. Mary Kay is dedicated to investing in the science behind beauty and manufacturing cutting-edge skincare, color cosmetics, nutritional supplements, and fragrances. Mary Kay believes in enriching lives today for a sustainable tomorrow, partnering with organizations from around the world focusing on promoting business excellence, supporting cancer research, advancing gender equality, protecting survivors of domestic abuse, beautifying our communities, and encouraging children to follow their dreams. Learn more at marykayglobal.com, find us on Facebook, Instagram, and LinkedIn, or follow us on Twitter.
View source version on businesswire.com:
https://www.businesswire.com/news/home/20221018005127/en/
Contact
Mary Kay Inc.
Corporate Communications
marykay.com/newsroom
972.687.5332 or media@mkcorp.com
Source : Mary Kay Inc.
DUCK CREEK CUSTOMERS CAN HAVE A SEAMLESS EXPERIENCE WHEN REQUESTING INDEPENDENT MEDICAL EXAMINATION SERVICES
An Integration with ExamWorks’ U.S. IME Division Enables Duck Creek Claims Users to Manage Their Independent Medical Examination Service Referral Requests
Boston, Oct 19 (Bernama-GLOBE NEWSWIRE) -- Duck Creek Technologies (NASDAQ: DCT), the intelligent solutions provider defining the future of property and casualty (P&C) insurance, today announces a cloud-based integration with ExamWorks’ U.S. IME division to offer Independent Medical Examinations (IMEs) to P&C and legal customers.
Embedded within the Duck Creek platform, this Anywhere Enabled Integration (AEI) gives customers the ability to send relevant claimant information and medical records associated with the IME request for workers’ compensation, auto, and liability claims.
“We are thrilled to partner with a leading provider of independent medical exams and offer Duck Creek customers a more seamless IME experience,” said Elaine Rogalla, Sr. Product Manager, Duck Creek Technologies. “The claims lifecycle is a core insurance process, and we are committed to partnering with industry leaders who help enable a simple and consistent workflow for our customers.”
“We are pleased to become part of the Duck Creek ecosystem,” said Co-CEOs Wesley Campbell and Miguel Fernandez “ExamWorks continues to simplify IME referral requests for carriers while providing ever more granular views to realize efficiencies and reduce costs.”
About ExamWorks
ExamWorks LLC. is a leading provider of independent medical examinations, peer reviews, bill reviews, Medicare compliance, record retrieval, document management and related IME services. We help our clients manage costs and enhance their risk management processes by verifying the validity, nature, cause and extent of claims, identifying fraud and providing fast, efficient and quality IME services. ExamWorks is focused on providing carriers a national presence while maintaining the local service and capabilities they need and expect.
About Duck Creek Technologies
Duck Creek Technologies (NASDAQ: DCT) is the intelligent solutions provider defining the future of the property and casualty (P&C) and general insurance industry. We are the platform upon which modern insurance systems are built, enabling the industry to capitalize on the power of the cloud to run agile, intelligent, and evergreen operations. Authenticity, purpose, and transparency are core to Duck Creek, and we believe insurance should be there for individuals and businesses when, where, and how they need it most. Our market-leading solutions are available on a standalone basis or as a full suite, and all are available via Duck Creek OnDemand. Visit www.duckcreek.com to learn more. Follow Duck Creek on our social channels for the latest information – LinkedIn and Twitter.
Carley Bunch
Duck Creek Technologies
+1 (201) 962-6091
carley.bunch@duckcreek.com
SOURCE : Duck Creek Technologies
Boston, Oct 19 (Bernama-GLOBE NEWSWIRE) -- Duck Creek Technologies (NASDAQ: DCT), the intelligent solutions provider defining the future of property and casualty (P&C) insurance, today announces a cloud-based integration with ExamWorks’ U.S. IME division to offer Independent Medical Examinations (IMEs) to P&C and legal customers.
Embedded within the Duck Creek platform, this Anywhere Enabled Integration (AEI) gives customers the ability to send relevant claimant information and medical records associated with the IME request for workers’ compensation, auto, and liability claims.
“We are thrilled to partner with a leading provider of independent medical exams and offer Duck Creek customers a more seamless IME experience,” said Elaine Rogalla, Sr. Product Manager, Duck Creek Technologies. “The claims lifecycle is a core insurance process, and we are committed to partnering with industry leaders who help enable a simple and consistent workflow for our customers.”
“We are pleased to become part of the Duck Creek ecosystem,” said Co-CEOs Wesley Campbell and Miguel Fernandez “ExamWorks continues to simplify IME referral requests for carriers while providing ever more granular views to realize efficiencies and reduce costs.”
About ExamWorks
ExamWorks LLC. is a leading provider of independent medical examinations, peer reviews, bill reviews, Medicare compliance, record retrieval, document management and related IME services. We help our clients manage costs and enhance their risk management processes by verifying the validity, nature, cause and extent of claims, identifying fraud and providing fast, efficient and quality IME services. ExamWorks is focused on providing carriers a national presence while maintaining the local service and capabilities they need and expect.
About Duck Creek Technologies
Duck Creek Technologies (NASDAQ: DCT) is the intelligent solutions provider defining the future of the property and casualty (P&C) and general insurance industry. We are the platform upon which modern insurance systems are built, enabling the industry to capitalize on the power of the cloud to run agile, intelligent, and evergreen operations. Authenticity, purpose, and transparency are core to Duck Creek, and we believe insurance should be there for individuals and businesses when, where, and how they need it most. Our market-leading solutions are available on a standalone basis or as a full suite, and all are available via Duck Creek OnDemand. Visit www.duckcreek.com to learn more. Follow Duck Creek on our social channels for the latest information – LinkedIn and Twitter.
Carley Bunch
Duck Creek Technologies
+1 (201) 962-6091
carley.bunch@duckcreek.com
SOURCE : Duck Creek Technologies
HILLSTONE NETWORKS' NEXT GENERATION FIREWALLS GAIN COMMON CRITERIA CERTIFICATION
KUALA LUMPUR, Oct 18 (Bernama) -- Cybersecurity solutions provider Hillstone Networks has been certified through Common Criteria EAL4+ for the Hillstone Networks SG-6000 A-Series Next Generation Firewall (NGFW) and StoneOS 5.5.R9.
This further strengthens the company as a platform of choice for users who need to harden their networks and secure their critical assets from edge to cloud.
Hillstone Networks chief technology officer and co-founder Tim Liu said the Hillstone Next Generation Firewall, the foundation for its security portfolio, is deployed globally with over 23,000 customers.
“Today, our customers have another reason to trust that our solutions protect their sensitive assets and critical infrastructure with the addition of the Common Criteria Certification,” he said in a statement.
The Common Criteria for Information Technology Security Evaluation (Common Criteria) is an international standard for computer security certification.
Common Criteria is factored in for use in government agencies as well as heavily regulated and compliance-driven critical infrastructure.
The Hillstone Networks A-Series, recognised by Gartner as a Visionary in the Magic Quadrant for Network Firewalls, comes in two form factors with additional models to meet the most demanding workloads and requirements.
More details at www.hillstonenet.com.
-- BERNAMA
Tuesday, October 18, 2022
ECLOUDVALLEY WINS BIG AT AWS ASEAN PARTNER AWARDS 2022
KUALA LUMPUR, Oct 17 (Bernama) -- ECloudvalley Digital Technology (ECV), an AWS Premier Tier Services partner, announced it won four awards at the AWS ASEAN Partner Awards 2022.
It bagged the Specialised Partner of the Year (ASEAN); Services Partner of the Year (ASEAN); Partner of the Year (Malaysia); and Partner of the Year (Philippines).
The company won the Specialised Partner of the Year for its strong customer pipeline in the last 12 months, according to a statement today.
“It is a great honour for eCloudvalley to be recognised for these strategic awards by AWS.
“It inspires us to raise the bar even higher in helping our customers in their unique digital transformation journeys and truly solve their problems,” said its regional director Jonathan Que.
The year 2022 marks a remarkable year for ECV as the company also won Services Partner of the Year in Hong Kong in April and Solution Provider of the Year at AWS Summit Taiwan earlier this year.
The awards have proven ECV's position as one of the leading and go-to partners of AWS in the region.
The annual partner awards recognise ECV for their exemplary work in helping customers accelerate their digital transformation journey with new data and machine learning solutions.
Since 2014, the company has supported over 1,800 customers with its own unique cloud and digital transformation journey.
-- BERNAMA
Guess USA kicks off newly designed Fall 2022 apparel collection line
KUALA LUMPUR, Oct 18 (Bernama) -- Guess USA, the California-based sub-brand of Guess, has launched a newly designed Fall 2022 apparel collection line, spearheaded by its director of brand partnership and specialty marketing, Nicolai Marciano.
Characterised as innovating and illuminating Western American aesthetic, Marciano brought on photographer Eli Russell Linnetz to document the brand’s Fall 2022 campaign.
“Inspired by the American iconography of early Guess campaigns, the collection is filled with pieces you would find at artisanal roadside boutiques in America. Distressed leathers, faded denim, sun-bleached furs, and hardware cracking with paint,” said Marciano in a statement.
The collection is exclusively distributed through Guess USA’s global partner Slam Jam, serving select retailers worldwide, according to a statement.
This synergetic partnership has created a highly curated collection that taps into the rich Guess USA archive.
Right from its earliest marketing campaigns, Guess has championed the medium of photography which pioneered a new form of advertisement and branding.
Since 1981, Guess has promoted a singular vision of the ‘American way’ with an enormous archive of design and photography.
-- BERNAMA
Characterised as innovating and illuminating Western American aesthetic, Marciano brought on photographer Eli Russell Linnetz to document the brand’s Fall 2022 campaign.
“Inspired by the American iconography of early Guess campaigns, the collection is filled with pieces you would find at artisanal roadside boutiques in America. Distressed leathers, faded denim, sun-bleached furs, and hardware cracking with paint,” said Marciano in a statement.
The collection is exclusively distributed through Guess USA’s global partner Slam Jam, serving select retailers worldwide, according to a statement.
This synergetic partnership has created a highly curated collection that taps into the rich Guess USA archive.
Right from its earliest marketing campaigns, Guess has championed the medium of photography which pioneered a new form of advertisement and branding.
Since 1981, Guess has promoted a singular vision of the ‘American way’ with an enormous archive of design and photography.
-- BERNAMA
XCTUALYFE - SINGAPORE'S VERY FIRST HOME-GROWN METAVERSE PLATFORM
Connecting People… Anyone, Everywhere.
SINGAPORE, Oct 17 (Bernama-GLOBE NEWSWIRE) -- On the 3rd of October, Xctuality proudly announced the launch of Xctualyfe, Singapore's first home-grown Metaverse platform. Users can connect from around the world, interact and have fun together in uniquely designed and well-thought-out virtual environments.
Watch the Official Xctualyfe video trailer
Watch the Official Xctualyfe video trailer
https://youtu.be/72YJE3VkDAI
For the past two and a half years of Xctualyfe's development, the platform’s virtual experiences have shown to present their capabilities and artistic style. Early 2022, Xctuality showcased local Kampong Glam with snapshots featured on Channel NewsAsia sporting the Xctualyfe design and can be navigated using virtual reality (VR). Thereafter, a series of projects was launched and with the most significant being an entire virtual world developed dedicated to Singapore's National Day Parade (NDP).
During the NDP event, users had the opportunity to play bespoke games associated with actual NDP events like the Black Knights and the Red Lions. Users socialized in a virtual theme park decorated with digitally recreated iconic local landmarks like the Toa Payoh Dragon Playground. The key event highlight was the premiere of the phygital (physical and digital) encounter. Digital coins earned were redeemable for merchandise dispensed from physical vending machines in Singapore. A Metaverse interaction that’s the first in Southeast Asia, and well-understood by SMEs.
For the past two and a half years of Xctualyfe's development, the platform’s virtual experiences have shown to present their capabilities and artistic style. Early 2022, Xctuality showcased local Kampong Glam with snapshots featured on Channel NewsAsia sporting the Xctualyfe design and can be navigated using virtual reality (VR). Thereafter, a series of projects was launched and with the most significant being an entire virtual world developed dedicated to Singapore's National Day Parade (NDP).
During the NDP event, users had the opportunity to play bespoke games associated with actual NDP events like the Black Knights and the Red Lions. Users socialized in a virtual theme park decorated with digitally recreated iconic local landmarks like the Toa Payoh Dragon Playground. The key event highlight was the premiere of the phygital (physical and digital) encounter. Digital coins earned were redeemable for merchandise dispensed from physical vending machines in Singapore. A Metaverse interaction that’s the first in Southeast Asia, and well-understood by SMEs.
Watch the Vending Machines in Xctualyfe phygital Experience video https://youtu.be/KhPIuaUscmY
Users can now register and visit a variety of virtual worlds in Xctualyfe, including the NDP experience, to socialize and earn rewards. Among a series of games launched, the “Obstacle Course” enables users to compete among one another in a floating ninja warrior-style course to race towards the finishing mark within a time limit. For gamers, who seek a milder-paced enjoyable engagement, there are parkour activities under the neon night city of Mainstreet with a treasure hunt focus of mystery boxes that contain digital tokens - soon to be available to purchase in-world items.
Additionally, Xctualyfe users can host up to twenty friends in personal virtual homes called Lyfespace to communicate and mingle. Even after a user logs out, their avatars will continue to appear in the virtual home. An innovative feature within Xctualyfe developed in-house by Xctuality.
Users can now register and visit a variety of virtual worlds in Xctualyfe, including the NDP experience, to socialize and earn rewards. Among a series of games launched, the “Obstacle Course” enables users to compete among one another in a floating ninja warrior-style course to race towards the finishing mark within a time limit. For gamers, who seek a milder-paced enjoyable engagement, there are parkour activities under the neon night city of Mainstreet with a treasure hunt focus of mystery boxes that contain digital tokens - soon to be available to purchase in-world items.
Additionally, Xctualyfe users can host up to twenty friends in personal virtual homes called Lyfespace to communicate and mingle. Even after a user logs out, their avatars will continue to appear in the virtual home. An innovative feature within Xctualyfe developed in-house by Xctuality.
BREAKTHROUGHS IN QUANTUM COMPUTING TO ENABLE HUMANS CURE DISEASES EASILY
KUALA LUMPUR, Oct 17 (Bernama) -- Breakthroughs in quantum computing will enable humans to cure diseases like cancer, Alzheimer’s, and Parkinson’s as easily as we treat the common cold.
It was one of the major insights to emerge from the Dubai Future Forum, held at the Museum of the Future, with renowned theoretical physicist Dr Michio Kaku telling the world’s largest gathering of futurists that humanity should brace itself for “major transformations” in healthcare.
Sharing his predictions for the future, Dr Kaku also said there is “a very good chance” humans will pick up a signal from another intelligent life form this century.
Meanwhile, Mohammad Al Gergawi, UAE Minister of Cabinet Affairs, Vice Chairman, Board of Trustees and Managing Director of the Dubai Future Foundation, said ministers around the world should think of themselves as “designers of the future”.
“Our stakeholders are 7.98 billion people around the world,” he noted, according to a statement.
More than 30 sessions were held with covered topics including immortality, climate change, terraforming, genome sequencing, legislation, and the energy transition.
The forum concluded with a call for governments to institutionalise foresight and engrain it within decision making.
-- BERNAMA
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