Sunday, June 30, 2024

New Arthur D. Little Blue Shift Institute Report Outlines 5 Scenarios for Future of Climate Change Adaptation

 


 (BUSINESS WIRE) -- Whatever the success of climate change mitigation measures, companies and society will need to adapt to a changing world. To aid business climate change adaptation strategies, Arthur D. Little (ADL)’s Blue Shift Institute today published We’re doomed, now what?, an in-depth report that sets out five potential scenarios for adaptation and highlights relevant technologies to focus on.

The report is based on extensive analysis, interviews with over 40 international experts, surveys of business leaders, and was created in close collaboration with the United Nation’s (UN’s) World Intellectual Property Organization (WIPO).

It works on a “+3°C by 2100” outcome for climate change, based on projections by the Intergovernmental Panel on Climate Change (IPCC) and uses this to underpin five potential, non-exclusive scenarios for the future of climate change adaptation:

  • Green Communities: A resource-scarce world in which grassroots initiatives flourish, for lack of more ambitious projects; there is a pull towards greater decentralization, circularity, and frugality

  • Lonely at the top: Highly concentrated and competitive industries in which market leaders spearhead adaptation to build competitive advantage and keep satisfying consumers, while operating under increasing constraints

  • Wild Green West: A creative chaos in which private adaptation initiatives sprout everywhere, fueled by private capital and hype, with no overarching strategy or consistency

  • Don’t Look Up: A bleak future in which neither customers nor finance institutions have adjusted to the new climate reality, leaving nothing but quick fixes and crisis management

  • Adaptation Surge: A world in which adaptation is the norm and the new currency, resetting expectations, creating new markets and new needs for differentiation, and possibly overengineering

For each of these futures the report outlines the functional expectations and relevant technologies to drive adaptation. Alongside this, it includes “no regret” solutions, enabling technologies, and capabilities that will be vital, whatever the future brings, and that companies should invest in now.

Dr. Albert Meige, Global Director of Blue Shift at Arthur D. Little, comments: “When faced with prospective technology choices, executives often need to address three challenges: complexity, speed and cognition. Adaptation to climate change is no different. It is complex because climate impacts are local, multifactorial and highly variable; and also because there is a myriad of adaptation technologies available. By modeling potential scenarios we aim to cut through this complexity, providing CEOs with a clear guide to the potential technologies that their adaptation will require.”

Dr. Peter Oksen, Senior Program Officer at the World Intellectual Property Organization (WIPO) GREEN, comments: “This report offers a refreshing new angle to climate action, namely that of businesses and their priorities for adapting to a challenging future. It provides the scenario-based context for the technologies outlined by WIPO GREEN, underscoring the essential role of innovation in forging a sustainable future. By detailing the functional expectations and key technologies necessary for adaptation, it highlights the need to integrate technological advancements within our business, economic and policy frameworks to effectively combat climate change.”

We’re doomed, now what? can be accessed here: https://tinyurl.com/4w35xahm

 



Contacts

Cate Bonthuys
Catalyst Comms
+44 7715 817589
Bonthuys.Cate@adlittle.com
For further information, please visit www.adlittle.com


Friday, June 28, 2024

LambdaTest Launches the Accessibility Automation to Promote Digital Inclusivity

 LambdaTest Accessibility Automation streamlines accessibility checks, ensuring inclusive web content and compliance with accessibility regulations.


(BUSINESS WIRE)--LambdaTest, a leading cloud-based unified testing platform, introduces its new feature, Accessibility Automation. This solution helps businesses create digital content that is inclusive and accessible to all, including individuals with disabilities. By automating the detection and reporting of accessibility barriers in web applications, LambdaTest ensures compliance with key standards such as the Web Content Accessibility Guidelines (WCAG), the Americans with Disabilities Act (ADA), and Section 508 of the Rehabilitation Act.


Accessibility Automation leverages Axe-Core by Deque. It will suit organizations of all sizes as it ensures that as businesses grow, their digital content remains inclusive and compliant with legal requirements. It integrates seamlessly with popular testing frameworks, expanding its accessibility testing capabilities.


This product simplifies the process of identifying and addressing accessibility issues. It generates comprehensive reports highlighting specific problems, their severity, and recommendations for remediation. This thorough approach includes checking for common accessibility issues such as missing alt text, inadequate color contrast, and incorrect use of ARIA attributes, which are vital for assistive technologies like screen readers. The findings are presented in a centralized dashboard for easy monitoring and management.


"At LambdaTest, we believe in a digital world accessible to everyone," said Mayank Bhola, Co-Founder and Head of Products. "LambdaTest Accessibility Automation is designed to make it easy for developers, QA teams, and businesses to incorporate accessibility into their workflows without extra burdens. We aim to make accessibility a seamless part of development."


For more information on LambdaTest Accessibility Automation, please visit: www.lambdatest.com/support/docs/accessibility-automation/


About LambdaTest


LambdaTest is an intelligent and omnichannel enterprise execution environment that helps businesses drastically reduce time to market through Just in Time Test Orchestration (JITTO), ensuring quality releases and accelerated digital transformation. Over 10,000+ enterprise customers and 2+ million users across 130+ countries rely on LambdaTest for their testing needs.


Browser & App Testing Cloud enables manual and automated testing of web and automated testing of web and mobile applications across 3000+ browsers, devices, and operating systems.

HyperExecute allows fast and efficient test grid orchestration in the cloud for any framework or programming language, speeding up software development.

For more information, please visit, https://lambdatest.com


 


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Contacts

Contact press@lambdatest.com for more information


 

Lineage Announces Filing of Registration Statement for Proposed Initial Public Offering

NOVI, Mich. - Wednesday, 26. June 2024 AETOSWire


(BUSINESS WIRE)--Lineage, Inc. (the “Company”) today announced that it has publicly filed a registration statement on Form S-11 with the U.S. Securities and Exchange Commission (the “SEC”) to sell shares of its common stock in an underwritten initial public offering.


The timing, number of shares that may be offered and the price range for the proposed offering have not yet been determined. The Company intends to apply to list its common stock on the Nasdaq Global Select Market under the ticker symbol "LINE." The offering is subject to market conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering.


Morgan Stanley, Goldman Sachs & Co. LLC, BofA Securities, J.P. Morgan and Wells Fargo Securities are acting as joint lead book-running managers for the proposed offering. RBC Capital Markets, LLC, Rabo Securities USA, Inc., Scotia Capital (USA) Inc., UBS Securities LLC, Capital One Securities, Inc., Truist Securities, Inc., Evercore Group L.L.C., Robert W. Baird & Co. Incorporated, KeyBanc Capital Markets Inc., Mizuho Securities USA LLC, PNC Capital Markets LLC, Deutsche Bank Securities Inc., HSBC Securities (USA) Inc., Piper Sandler & Co. and Regions Securities LLC are acting as joint book-running managers for the proposed offering. Blaylock Van, LLC, Cabrera Capital Markets LLC, C.L. King & Associates, Inc., Drexel Hamilton, LLC, Guzman & Company, Loop Capital Markets LLC, Roberts & Ryan Investments, Inc. and R. Seelaus & Co., LLC are acting as co-managers.


The proposed offering will be made only by means of a prospectus. Copies of the preliminary prospectus related to this offering, when available, may be obtained from Morgan Stanley, Prospectus Department, 180 Varick Street, New York, New York 10014, or email: prospectus@morganstanley.com; Goldman Sachs & Co. LLC, Attention: Prospectus Department, 200 West Street, New York, New York 10282, telephone: 1-866-471-2526, facsimile: 212-902-9316, or email: prospectus-ny@ny.email.gs.com; BofA Securities, NC1-022-02-25, 201 North Tryon Street, Charlotte, North Carolina 28255-0001, Attention: Prospectus Department, email: dg.prospectus_requests@bofa.com; J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717 or by email at prospectus-eq_fi@jpmchase.com and postsalemanualrequests@broadridge.com; and Wells Fargo Securities, 90 South 7th Street, 5th Floor, Minneapolis, MN 55402, at 800-645-3751 (option #5) or email a request to WFScustomerservice@wellsfargo.com.


About Lineage


Lineage, Inc. is the world’s largest global temperature-controlled warehouse REIT with a network of over 480 strategically located facilities totaling over 84.1 million square feet and 3.0 billion cubic feet of capacity across countries in North America, Europe, and Asia-Pacific. Coupling end-to-end supply chain solutions and technology, Lineage partners with some of the world’s largest food and beverage companies to help increase distribution efficiency, advance sustainability, minimize supply chain waste, and, most importantly, feed the world.


Important Information


A registration statement relating to these securities has been filed with the SEC but has not yet become effective. These securities may not be sold, nor may offers to buy be accepted, prior to the time the registration statement becomes effective.


This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.


Forward-Looking Statements


Certain statements contained in this press release, including statements relating to Lineage’s expectations regarding the commencement, completion, timing and size of its proposed public offering and listing, may be considered forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Lineage intends for all such forward-looking statements to be covered by the applicable safe harbor provisions for forward-looking statements contained in those acts. Such forward-looking statements can generally be identified by Lineage’s use of forward-looking terminology such as “may,” “will,” “expect,” “intend,” “anticipate,” “estimate,” “believe,” “continue,” “seek,” “objective,” “goal,” “strategy,” “plan,” “focus,” “priority,” “should,” “could,” “potential,” “possible,” “look forward,” “optimistic,” or other similar words. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Such statements are subject to certain risks and uncertainties, including known and unknown risks, which could cause actual results to differ materially from those projected or anticipated. Therefore, such statements are not intended to be a guarantee of Lineage’s performance in future periods. Except as required by law, Lineage does not undertake any obligation to update or revise any forward-looking statements contained in this release.


 


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Contacts

Investor Relations Contact

Evan Barbosa

VP, Investor Relations

ir@onelineage.com


Media Contact

Megan Hendricksen

VP, Global Marketing & Communications

pr@onelineage.com


 

NielsenIQ (NIQ) Collaborates With SPAR International to Offer Spaceman Services Across the Globe

 

  •  NIQ Spaceman services expands to all SPAR partners worldwide

(BUSINESS WIRE)--NielsenIQ (NIQ), a global leader in consumer intelligence, proudly announces its strategic collaboration with SPAR International BV, facilitating the integration of NIQ Spaceman services. NIQ will offer its space management services to SPAR country organizations worldwide, with the objective of enhancing the market position of all the retail organization's partners.

SPAR is the world’s largest leading voluntary group of independently owned and operated retailers and wholesalers, who work in partnership under the SPAR Brand. The group comprises of more than 13,984 stores in over 48 countries. SPAR International BV is responsible for the development of SPAR network worldwide and for the enhancement of competitiveness, productivity, and profitability of its retail and wholesale partners.

NIQ Spaceman suite unlocks an integrated, automated planogramming process with diverse modules to support client’s needs, analyzing performance and opportunities across planograms​ to help make the best merchandising decisions. Integrating planogram data with replenishment and other business systems streamlines day-to-day operations and enhances efficiency.

“This collaboration is an exciting opportunity for us to support all SPAR country organizations in optimizing their shelf space and fostering growth across diverse markets. Leveraging our experience working with select partners in the past, we have successfully driven growth through effective space management strategies.” Simon Trott, Analytics Leader, NIQ

With continuously changing assortments and shopper preferences, technology plays a pivotal role in planogram creation. NIQ Spaceman is widely used in 79 countries, across 2000+ FMCG and non-FMCG manufacturers and retailers globally. Using this software has helped NIQ clients improve their sales 10-35%, optimize their assortment, and reduce inventory by 10-30%.

“We are pleased to collaborate with NIQ to provide access for our global country organization's to this solution. NIQ Spaceman’s innovative software empowers our partners to harness the power of data-driven insights and make informed decisions about their space allocations, layout, and product placement. This collaboration underscores our commitment to our partners in providing cutting edge solutions that drive their success.” Tom Rose, Head of Operations, SPAR International


For more information on NIQ Spaceman Services, click here.


About NIQ:

NielsenIQ (NIQ) is the world’s leading consumer intelligence company, delivering the most complete understanding of consumer buying behavior and revealing new pathways to growth. NIQ combined with GfK in 2023, bringing together the two industry leaders with unparalleled global reach. Today NIQ has operations in more than 95 countries covering 97% of GDP. With a holistic retail read and the most comprehensive consumer insights—delivered with advanced analytics through state-of-the-art platforms—NIQ delivers the Full View™.


 


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Contacts

Sweta.patra@nielseniq.com

Rimini Street India Places Top 20th in Nation as India’s Great Mid-Size Workplaces 2024


 LAS VEGAS - 

Company once again recognized as a workplace culture leader and employer of choice in the region


(BUSINESS WIRE) -- Rimini Street, Inc. (Nasdaq: RMNI), a global provider of end-to-end enterprise software support, products and services, the leading third-party support provider for Oracle and SAP software, and a Salesforce and AWS partner, today announced that Rimini Street India has placed in the Top 20th ranking for India’s Great Mid-Size Workplaces 2024, a recognition building on the recently earned Top 50 India’s Best Workplaces™ in IT & IT-BPM 2023 category and Great Place to Work© Certification for the region.


“Rimini Street’s culture of extraordinary is what makes us unique and attractive for employees who proudly call us ‘home.’ It’s with this dedication, our people support one another as a tightly knitted team, delivering unmatched quality of services for our clients while continuing to give back to the community through our philanthropic program, the Rimini Street Foundation,” said Brian Almas, senior vice president of human resources at Rimini Street.


As a global authority on workplace culture, Great Place to Work has been studying employee experience and people practices across organizations for over three decades. Every year, more than 100 million employees from over 150 countries worldwide partake in the assessment and its proprietary For All™ Model and Trust Index™ Survey.


This year, based on a rigorous evaluation methodology, 100 organizations among India’s Great Mid-Size Workplaces 2024 have been recognized. These organizations have been selected based on “excelling people practices” and proactively acting on the feedback to create a “High Trust Culture.”


“Heartiest congratulations to Rimini Street and all the winners of India's Great Mid-Size Workplaces 2024! Your remarkable achievements are a testament to your unwavering commitment to building and nurturing exceptional workplace cultures, a crucial element in today's dynamic and competitive business environment,” said Balbir Singh, CEO of Great Place to Work© India. “Your commitment to a thriving workplace positions you as the industry leader, shaping India’s economic landscape and inspiring excellence.”


“At Rimini Street, we prioritize creating a dynamic workplace that attracts, retains and develops the best in the industry. Reflected in our ‘Freshers’ program that nurtures burgeoning talent, the ‘Rimini University’ which helps enhance and expand our colleagues' capabilities through guided learning journeys, the popular culture programs that celebrate our diversity and colleagues’ uniqueness, and much more, we continue to carry out our company purpose to ‘create a better world through equal opportunity for all,'” said Megh Risaldar, vice president of human resources at Rimini Street India.


We are Hiring!


Grow your career at a company that puts its people first and invests in the community. Visit Rimini Street’s career page at: https://www.riministreet.com/company/careers/


About Rimini Street, Inc.


Rimini Street, Inc. (Nasdaq: RMNI), a Russell 2000® Company, is a global provider of end-to-end enterprise software support, products and services, the leading third-party support provider for Oracle and SAP software and a Salesforce and AWS partner. The Company has operations globally and offers a comprehensive family of unified solutions to run, manage, support, customize, configure, connect, protect, monitor, and optimize enterprise application, database, and technology software, and enables clients to achieve better business outcomes, significantly reduce costs and reallocate resources for innovation. To date, over 5,500 Fortune 500, Fortune Global 100, midmarket, public sector, and other organizations from a broad range of industries have relied on Rimini Street as their trusted enterprise software solutions provider. To learn more, please visit riministreet.com, and connect with Rimini Street on Twitter, Instagram, Facebook and LinkedIn. (IR-RMNI)


Forward-Looking Statements


Certain statements included in this communication are not historical facts but are forward-looking statements for purposes of the safe harbor provisions under The Private Securities Litigation Reform Act of 1995. Forward-looking statements generally are accompanied by words such as “anticipate,” “believe,” “continue,” “could,” “currently,” “estimate,” “expect,” “future,” “intend,” “may,” “might,” “outlook,” “plan,” “possible,” “potential,” “predict,” “project,” “seem,” “seek,” “should,” “will,” “would” or other similar words, phrases or expressions. These forward-looking statements include, but are not limited to, statements regarding our expectations of future events, future opportunities, global expansion and other growth initiatives and our investments in such initiatives. These statements are based on various assumptions and on the current expectations of management and are not predictions of actual performance, nor are these statements of historical facts. These statements are subject to a number of risks and uncertainties regarding Rimini Street’s business, and actual results may differ materially. These risks and uncertainties include, but are not limited to, adverse developments in and costs associated with defending pending litigation or any new litigation, including the disposition of pending motions to appeal and any new claims; additional expenses to be incurred in order to comply with injunctions against certain of our business practices and the impact on future period revenue and costs; changes in the business environment in which Rimini Street operates, including the impact of any recessionary economic trends and changes in foreign exchange rates, as well as general financial, economic, regulatory and political conditions affecting the industry in which we operate and the industries in which our clients operate; the evolution of the enterprise software management and support landscape and our ability to attract and retain clients and further penetrate our client base; significant competition in the software support services industry; customer adoption of our expanded portfolio of products and services and products and services we expect to introduce; our ability to sustain or achieve revenue growth or profitability, manage our cost of revenue and accurately forecast revenue; estimates of our total addressable market and expectations of client savings relative to use of other providers; variability of timing in our sales cycle; risks relating to retention rates, including our ability to accurately predict retention rates; the loss of one or more members of our management team; our ability to attract and retain additional qualified personnel, including sales personnel, and retain key personnel; challenges of managing growth profitably; our need and ability to raise additional equity or debt financing on favorable terms and our ability to generate cash flows from operations to help fund increased investment in our growth; risks associated with global operations; our ability to prevent unauthorized access to our information technology systems and other cybersecurity threats, protect the confidential information of our employees and clients and comply with privacy regulations; our ability to maintain an effective system of internal control over financial reporting; our ability to maintain, protect and enhance our brand and intellectual property; changes in laws and regulations, including changes in tax laws or unfavorable outcomes of tax positions we take, or a failure by us to establish adequate tax reserves; the impact of environmental, social and governance (ESG) matters; our credit facility’s ongoing debt service obligations and financial and operational covenants on our business and related interest rate risk, including uncertainty from the transition to SOFR or other interest rate benchmarks; the sufficiency of our cash and cash equivalents to meet our liquidity requirements; the amount and timing of repurchases, if any, under our stock repurchase program and our ability to enhance stockholder value through such program; uncertainty as to the long-term value of Rimini Street’s equity securities; catastrophic events that disrupt our business or that of our clients; and those discussed under the heading “Risk Factors” in Rimini Street’s Quarterly Report on Form 10-Q filed on May 2, 2024, and as updated from time to time by Rimini Street’s future Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q, Current Reports on Form 8-K, and other filings by Rimini Street with the Securities and Exchange Commission. In addition, forward-looking statements provide Rimini Street’s expectations, plans or forecasts of future events and views as of the date of this communication. Rimini Street anticipates that subsequent events and developments will cause Rimini Street’s assessments to change. However, while Rimini Street may elect to update these forward-looking statements at some point in the future, Rimini Street specifically disclaims any obligation to do so, except as required by law. These forward-looking statements should not be relied upon as representing Rimini Street’s assessments as of any date subsequent to the date of this communication.


© 2024 Rimini Street, Inc. All rights reserved. “Rimini Street” is a registered trademark of Rimini Street, Inc. in the United States and other countries, and Rimini Street, the Rimini Street logo, and combinations thereof, and other marks marked by TM are trademarks of Rimini Street, Inc. All other trademarks remain the property of their respective owners, and unless otherwise specified, Rimini Street claims no affiliation, endorsement, or association with any such trademark holder or other companies referenced herein.


 


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Contacts

Janet Ravin

VP, Global Communications

Rimini Street, Inc.

+1 702 285-3532

pr@riministreet.com

Crayon Recognized as the Winner of 2024 Microsoft Scale Solutions (LSP) Partner of the Year

 OSLO, Norway - Thursday, 27. June 2024 AETOSWire 


(BUSINESS WIRE)--Crayon today announced it won the Scale Solutions (LSP) 2024 Microsoft Partner of the Year Award. The company was honored among a global field of top Microsoft partners for demonstrating excellence in innovation and implementation of customer solutions based on Microsoft technology.


"We are thrilled to win the 2024 Microsoft Partner Award for Scale Solutions (LSP), a reflection of Crayon's leadership as a global IT services provider with a cloud-first strategy,” said Crayon CEO Melissa Mulholland. “Our long-term collaboration with Microsoft has been pivotal in delivering top-tier service offerings. This prestigious honor acknowledges our unique value and the breadth of our offerings across Microsoft's six Partner Solution designations, as well as our role in driving customer transformation, consumption, compliance, and adoption of Microsoft cloud solutions on a global scale. A heartfelt thank you to Microsoft for this esteemed recognition. We are excited to continue our strong and productive partnership.”


The Microsoft Partner of the Year Awards recognize Microsoft partners that have developed and delivered outstanding Microsoft Cloud applications, services, devices, and AI innovation during the past year. Awards were classified in various categories, with honorees chosen from more than 4,700 nominations from more than 100 countries. Crayon was recognized for providing outstanding solutions and services in Scale Solutions.


Scale Solutions Partners are the face of Microsoft to customers, leveraging Microsoft AI Cloud Partner Program (MAICPP) solution designations to deliver best-in-class service offerings.


One of Crayon’s customers Telent wanted to migrate its critical customer workloads to Azure.


“Working with the Azure consultants from Crayon has been an absolute pleasure. Everyone was knowledgeable, hardworking, and willing to go that extra mile, no matter what time of day or night. We always felt supported by Crayon,” said Sandeep Loi, Telent’s Head of Cloud Engineering.


“Congratulations to the winners and finalists of the 2024 Microsoft Partner of the Year Awards!” said Nicole Dezen, Chief Partner Officer and Corporate Vice President at Microsoft. “The momentum generated by numerous AI & Copilot announcements this year fueled innovation from our partners, enabling groundbreaking services and solutions to customers. I am inspired by the capability and creativity in our partner ecosystem and this year's winners beautifully demonstrate the best of what’s possible with AI and the Microsoft Cloud.”


 


View source version on businesswire.com: https://www.businesswire.com/news/home/20240626927450/en/



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Contacts

Melanie Coffee

melanie.coffee@Crayon.com

+47 46748648

Cognite Recognized as 2024 Microsoft Energy and Resources Partner of the Year

 AUSTIN, Texas & OSLO, Norway - Wednesday, 26. June 2024




(BUSINESS WIRE)--Cognite, the globally recognized authority in Data and AI for industry, today announced it has won the Energy and Resources 2024 Microsoft Partner of the Year Award. This is the third year in a row Microsoft has recognized Cognite as a global leader for its ability to deliver meaningful, scalable industrial transformation through its core Industrial DataOps platform, Cognite Data Fusion®️.


Cognite offers a unique combination of industry-tailored AI product capabilities, specialized industrial domain knowledge, and industrial generative AI delivery expertise. The company’s latest strategic offering, Cognite Atlas AI, is a low-code industrial agent builder that enables industrial organizations to use generative AI to carry out more complex operations with greater accuracy, including workflow automation and decision-making support. This accelerates efficiencies that can generate tens of millions of dollars in business impact.


Cognite was honored among a global field of top Microsoft partners for demonstrating excellence in innovation and implementation of customer solutions based on Microsoft technology.


“It is a great honor to be recognized as the Energy and Resources Partner of the Year. This award is a testament to the great work of our customers and associates and our strong relationship with Microsoft,” said Girish Rishi, CEO of Cognite. “Cognite continues to lead the charge in global Industrial DataOps, enabling Energy and Resources companies to leverage AI for a transformative digital journey. Cognite Data Fusion®️ is built for industry, incorporating decades of domain expertise into its software. Leveraging Azure services to offer generative AI functionality, customers benefit from simple access to complex industrial data and digital twin capabilities, increasing the efficiency of energy workflows by 10x. Our partnership will continue to drive innovation for a sustainable future.”


The Microsoft Partner of the Year Awards recognize Microsoft partners that have developed and delivered outstanding Microsoft Cloud applications, services, devices, and AI innovation during the past year. Awards were classified into various categories, with honorees chosen from more than 4,700 nominations from more than 100 countries. Cognite was recognized for providing outstanding solutions and services in Energy and Resources.


“Congratulations to the winners and finalists of the 2024 Microsoft Partner of the Year Awards!” said Nicole Dezen, Chief Partner Officer and Corporate Vice President at Microsoft. “The momentum generated by numerous AI & Copilot announcements this year fueled innovation from our partners, enabling groundbreaking services and solutions to customers. I am inspired by the capability and creativity in our partner ecosystem and this year's winners beautifully demonstrate the best of what’s possible with AI and the Microsoft Cloud.”


Additional details on the 2024 awards are available on the Microsoft Partner blog: https://aka.ms/POTYA2024_announcement. The complete list of categories, winners, and finalists can be found at https://aka.ms/2024POTYAWinnersFinalists.


About Cognite


Cognite makes Generative AI work for industry. Leading energy, manufacturing, and power & renewables enterprises choose Cognite to deliver secure, trustworthy, and real-time data to transform their asset-heavy operations to be safer, more sustainable, and more profitable. Cognite provides a user-friendly, secure, and scalable platform that makes it easy for all decision-makers, from the field to remote operations centers, to access and understand complex industrial data, collaborate in real-time, and build a better tomorrow. Visit us at www.cognite.ai and follow us on LinkedIn and X.


 


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Contacts

Michelle Holford

Vice President, Global PR, Cognite

Michelle.Holford@Cognite.com

Mavenir, VIAVI, and CableLabs Complete Open RAN 3GPP Security Assurance Testing During the Spring 2024 O-RAN ALLIANCE PlugFest

 RICHARDSON, Texas - Thursday, 27. June 2024 AETOSWire Print 


(BUSINESS WIRE)--Mavenir, the cloud-native network infrastructure provider building the future of networks, together with VIAVI Solutions and CableLabs, today announce a significant milestone for the security of the Open RAN ecosystem - having successfully completed 3GPP Security Assurance Testing for the RU, DU, and CU, collectively known as the gNodeB (gNB) functional security requirements defined in the 3GPP specifications. This milestone was achieved during the O-RAN ALLIANCE Global PlugFest Spring 2024.


The testing, conducted by CableLabs at the Kyrio Open Test and Integration Center, showcased a significant advancement in gNB security test automation. This milestone also highlights the security test efficiency gains and potential for expedited security testing cycles in future implementations of OpenRAN gNBs consisting of O-RU plus O-DU and O-CU implemented to O-RAN compliant interface specifications.


"We are proud to have achieved this significant milestone in Open RAN security assurance testing," said BG Kumar, President, Access Networks, Platforms and MDE of Mavenir. "Our collaboration with VIAVI and CableLabs demonstrates our commitment to ensuring the security and reliability of Open RAN systems, which is critical for widespread adoption. This successful O-RAN ALLIANCE PlugFest 3GPP security assurance testing will contribute towards extending Mavenir’s Security accreditation as defined by the GSMA and 3GPP - NESAS assuring security assessment across Mavenir’s Open RAN products."


"The successful completion of 3GPP Security Assurance Testing for gNB security functional requirements is a testament to the power of collaboration in the Open RAN ecosystem," added Dr. Sameh Yamany, Chief Technology Officer of VIAVI. "Working together with Mavenir and CableLabs, we advanced automation of security testing in a highly efficient and reliable framework that will enable the industry to accelerate adoption."


"Mavenir, VIAVI, and CableLabs have demonstrated their commitment to security and test automation in the Open RAN ecosystem," said David Debrecht, Vice President of Wireless Technologies, at CableLabs. "This milestone is a significant step towards ensuring the widespread adoption of secure open radio access networks, which will bring numerous benefits to consumers and businesses alike."


Notes to the Editor:


- Official Press Release from the O-RAN ALLIANCE regarding the Global PlugFest Spring 2024


About VIAVI


For over 100 years, VIAVI has been directly involved in testing, assuring and securing the largest communications networks around the globe, and validating network products for all Tier-1 network equipment manufacturers. The company plays an active role in specifications development through leadership positions in O-RAN ALLIANCE and TIP. VIAVI has participated in every global Open RAN PlugFest.


About CableLabs


As the leading innovation and R&D lab for the broadband industry, CableLabs creates global impact through its member companies around the world and its subsidiaries, Kyrio and SCTE. With a state-of-the-art research and innovation facility and collaborative ecosystem with thousands of vendors, CableLabs delivers impactful network technologies for the entire industry. To learn more about CableLabs, please visit https://www.cablelabs.com/.


About Mavenir:


Mavenir is building the future of networks today with cloud-native, AI-enabled solutions which are green by design, empowering operators to realize the benefits of 5G and achieve intelligent, automated, programmable networks. As the pioneer of Open RAN and a proven industry disruptor, Mavenir’s award-winning solutions are delivering automation and monetization across mobile networks globally, accelerating software network transformation for 300+ Communications Service Providers in over 120 countries, which serve more than 50% of the world’s subscribers. For more information, please visit www.mavenir.com.


 


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Contacts

 

Mavenir PR Contacts:

Emmanuela Spiteri

PR@mavenir.com

Thursday, June 27, 2024

SLB OneSubsea Awarded Contract by Equinor for Groundbreaking All-Electric Subsea Project

 


HOUSTON - 

Twelve-well campaign will enable accelerated global adoption of electric subsea technology and reduce emissions from subsea operations


(BUSINESS WIRE) -- Regulatory News:


SLB (NYSE: SLB) has announced a contract award from Equinor for the front-end engineering design (FEED) of a 12-well, all-electric Subsea Production Systems (SPS) project in the Fram Sør field, offshore Norway. The project will fast-track wide-scale global adoption of electric subsea technology, setting new standards for increased operator control, subsea operational efficiency and reduced offshore emissions. As part of the agreement, future engineering, procurement and construction will be directly awarded to SLB OneSubsea conditional on a final investment decision.


This project is the first application to be implemented resulting from a joint industry project, which commenced in 2018 and involved close collaboration across major industry players to accelerate the development of breakthrough electrification technology through a standardized industry solution. Basing the design on an established standard enables efficient and economic scaling of subsea electrification for operators worldwide, bringing associated capex and opex benefits.


“Electrification is vital to the future of subsea operations in the energy transition,” said Mads Hjelmeland, chief executive officer of SLB OneSubsea. “This technology has effectively created the IoT for subsea trees, providing operators with improved control through live performance and condition monitoring. We are grateful for the collaboration with Equinor and the other joint-industry-partners over the past six years that has made this milestone possible.”


The Fram Sør solution will use SLB OneSubsea’s standard subsea tree design, upgraded with a fully electrified power, control and actuation system, while the elimination of high-pressure hydraulic systems will enable operators to go further and deeper, improving production and making even marginal fields more viable.


About SLB


SLB (NYSE: SLB) is a global technology company that drives energy innovation for a balanced planet. With a global footprint in more than 100 countries and employees representing almost twice as many nationalities, we work each day on innovating oil and gas, delivering digital at scale, decarbonizing industries, and developing and scaling new energy systems that accelerate the energy transition. Find out more at slb.com.


About SLB OneSubsea


SLB OneSubsea is driving the new subsea era that leverages digital and technology innovation to optimize our customers’ oil and gas production, decarbonize subsea operations, and unlock the large potential of subsea solutions to accelerate the energy transition. SLB OneSubsea is a joint venture backed by SLB, Aker Solutions, and Subsea7 headquartered in Oslo and Houston, with 10,000 employees across the world. Find out more at onesubsea.com.


Cautionary Statement Regarding Forward-Looking Statements:


This press release contains “forward-looking statements” within the meaning of the U.S. federal securities laws — that is, statements about the future, not about past events. Such statements often contain words such as “expect,” “may,” “can,” “estimate,” “intend,” “anticipate,” “will,” “potential,” “projected" and other similar words. Forward-looking statements address matters that are, to varying degrees, uncertain, such as forecasts or expectations regarding the deployment of, or anticipated benefits of, SLB’s new technologies and partnerships; statements about goals, plans and projections with respect to sustainability and environmental matters; forecasts or expectations regarding energy transition and global climate change; and improvements in operating procedures and technology. These statements are subject to risks and uncertainties, including, but not limited to, the inability to achieve net-negative carbon emissions goals; the inability to recognize intended benefits of SLB’s strategies, initiatives or partnerships; legislative and regulatory initiatives addressing environmental concerns, including initiatives addressing the impact of global climate change; the timing or receipt of regulatory approvals and permits; and other risks and uncertainties detailed in SLB’s most recent Forms 10-K, 10-Q and 8-K filed with or furnished to the U.S. Securities and Exchange Commission. If one or more of these or other risks or uncertainties materialize (or the consequences of such a development changes), or should underlying assumptions prove incorrect, actual outcomes may vary materially from those reflected in our forward-looking statements. The forward-looking statements speak only as of the date of this press release, and SLB disclaims any intention or obligation to update publicly or revise such statements, whether as a result of new information, future events or otherwise.


 


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Contacts

Media

Moira Duff – Director of External Communications

SLB

Tel: +1 (713) 375-3407

media@slb.com


Investors

James R. McDonald – Vice President of Investor Relations

Joy V. Domingo – Director of Investor Relations

SLB

Tel: +1 (713) 375-3535

investor-relations@slb.com

Belkin Celebrates Milestone of One Million Kids Headphones Sold


 LOS ANGELES - 

With a wide variety of styles and colors, Belkin proudly marks the sale of one million units of kids' headphones worldwide


(BUSINESS WIRE) -- Belkin, a leading consumer electronics brand for 40 years, today announced a significant milestone: selling one million units of kids' headphones globally. Belkin’s diverse range of styles and colors, along with its commitment to quality, has solidified its position as a leader in kids' audio products.


Over the past several years, Belkin has made significant strides in creating high-quality audio products at its global headquarters in El Segundo, California. Utilizing expertise from seasoned acoustic engineers, Belkin has developed its signature SoundForm line, combining tasteful design and great sound for all preferences.


All Belkin audio products undergo meticulous testing to ensure top-notch quality, design, and functionality. For kids' headphones, safe volume limits guarantee a safe listening experience in both wired and wireless options. To add fun and personality, the SoundForm Mini on-ear headphones include stickers for kids to further personalize their headphones based on their unique style.


“I’m thrilled to see the growth of our kids' audio line. We’re incredibly proud of the products we’ve created, which provide fun and entertaining experiences for kids and parents,” said Steve Malony, CEO of Belkin International. “We take immense pride in designing products that are perfect for everyday use. We never cut corners with any of our products, and we always want to make sure that parents can trust Belkin to deliver quality products that are safe for their kids to use.”


Signature Sound Safety and Quality


Belkin Signature Sound is all about balance – deep bass, crystal clear vocals and crisp treble. Precision engineered to reproduce a rich, immersive home theatre sound with excellent frequency response, listeners can keep the volume at a safe level without missing a beat. With safety being a core value in all Belkin products, Belkin Signature Sound helps keep the sound clear, even at the lowest of volumes.


As part of its audio-testing process, Belkin uses special microphones to test all headphones, ensuring accurate sound measurements. Belkin follows industry standards and uses a specific test signal for consistency, along with a Bluetooth transmitter to ensure reliable test results. Instead of relying solely on its own lab results, the company confirms its findings with results from two additional independent labs. This process guarantees that Belkin headphone volume levels are accurate and safe for everyone.


Favorite Belkin Kids Audio Products:


SoundForm Mini Wired On-Ear Headphones for Kids: Premium quality headphones designed for kids, perfect for distance learning, travel, and streaming online content. These headphones feature an 85 dB volume cap, easy-to-use controls, and a durable "oops-proof" design.


SoundForm Mini Wireless On-Ear Headphones for Kids: Ideal for distance learning, long car rides, and entertainment, these wireless headphones come with an 85 dB volume cap to protect young ears and extended battery life for all-day listening.


SoundForm Nano 2 Wireless Earbuds for Kids: These earbuds bring true wireless to young listeners. Kids 7 years and older can enjoy all-day comfort with five sizes of antimicrobial ear tips with a sealed fit. Ready for plenty of songs, videos and lesson plays, Nano 2 offers 8 hours of playtime and another 20 hours of charge in the case.


SoundForm Inspire Wireless Over-Ear Headset for Kids: These comfortable, high-quality wireless headset is designed especially for kids. Fast USB-C charging brings up to 35 hours of playtime on a full charge. Safe Sound technology limits volume to 85dB while distance learning, traveling, or streaming online videos.


Availability:


The SoundForm Mini Wired On-Ear Headphones for Kids are available on Belkin.com, Amazon, and other certified retailers for $24.99 USD.


The SoundForm Mini Wireless On-Ear Headphones for Kids are available on Belkin.com, Amazon, and other certified retailers for $34.99 USD.


The SoundForm Nano 2 Wireless Earbuds for Kids are available on Belkin.com and other certified retailers for $34.99 USD.


The SoundForm Inspire Wireless Over-Ear Headset for Kids are available on Belkin.com, Amazon and other certified retailers for $39.99 USD.


For more information on Belkin Kids Headphones, please visit the website.


About Belkin


Belkin is a California-based accessories leader delivering award-winning power, protection, productivity, connectivity, and audio products over the last 40 years. Designed and engineered in Southern California and sold in more than 100 countries around the world, Belkin has maintained its steadfast focus on research and development, community, education, sustainability and most importantly, the people it serves. From our humble beginnings in a Southern California garage in 1983, Belkin has become a diverse, global technology company. We remain forever inspired by the planet we live on, and the connection between people and technology.


 


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Contacts

Jen Wei

VP of Global Communications and Corporate Development

Comms@belkin.com

QPS Announces New Laboratory Services for Clinical Trials and Cell Therapy Development

NEWARK, Del. - Thursday, 27. June 2024



(BUSINESS WIRE)--QPS, a leading global contract research organization (CRO), is pleased to announce new laboratory services capabilities. The central laboratory, leukopak cell therapy facility, and enhanced PBMC capabilities will complement existing bioanalysis, translational medicine and peripheral blood mononuclear cell (PMBC) laboratories and extend the current QPS full-service global CRO offerings.


QPS now offers clinical trial sample analysis services and leukopak cell therapy products from its newly expanded clinical trials unit conveniently located in Springfield, Missouri. In addition, QPS has also expanded PBMC service offerings from its Miami, Florida location into its Springfield, Missouri laboratories. The new facilities are housed with an existing clinical (safety) laboratory, a modern self-contained pharmacy, and dedicated space to build and ship clinical trial kits.


The modern central laboratory for sample analysis complements the existing on-site safety laboratory, equipped with the most up-to-date technologies for chemistry, urinalysis, serology, coagulation, and hematology testing. These capabilities, designed to monitor subject safety during ongoing clinical trials, will remain as core services for QPS in-house clinical trials.


The new leukopak products collection and processing facility is designed to meet the exponential growing demand for blood products to support cell therapy research and QPS is ideally placed to provide this service. QPS Missouri has a database of over 35,000 potential study participants, who can be contacted as potential blood donors for leukopak products.


“There is significant unmet demand in this rapidly growing area of cell therapy products, which represents a tremendous opportunity for QPS. Over 3,000 cell and gene therapy programs are currently in progress representing a 20% increase over the past five years. These programs require leukopak products to move forward, and as a result this market is forecasted to grow by a CAGR of more than 8% over the next six years,” said Benjamin Chien, Chairman, President and CEO of QPS.


The enhanced PBMC services include a new PBMC processing lab at the Springfield location, complementing the existing lab at QPS Miami in Miami, Florida. This new lab will support a current unmet need for PBMC processing in the midwestern USA. PBMC sample analysis is a time-consuming process, typically required in vaccine trials, and it is best done in a lab adjacent to the clinical trial unit. QPS is uniquely positioned to offer this service.


“These new facilities, services and products extend our full service CRO capabilities, putting QPS in a position to offer clients comprehensive clinical research services in one location. The central lab, PBMC lab, and the leukopack facility complement and enhance our current 240 bed clinical trials unit, safety laboratory, modern self-contained pharmacy, and clinical trial kit production facility,” said Brendon Bourg, Vice President, Early Phase Clinical and Head of Administration at QPS Missouri.


ABOUT QPS HOLDINGS, LLC


QPS is a global, full-service, GLP/GCP-compliant contract research organization (CRO) delivering the highest grade of discovery, bioanalysis, preclinical and clinical drug development services. Since 1995, QPS has grown from a small bioanalysis shop into a full-service CRO with 1,100+ employees in the US, Europe, and Asia. Today, QPS offers expanded pharmaceutical contract R&D services with special expertise in pharmacology, DMPK, toxicology, bioanalysis, translational medicine, clinical trials, and clinical research services. An award-winning leader focused on bioanalysis and clinical trials, QPS is known for proven quality standards, technical expertise, a flexible approach to research, client satisfaction, and turnkey laboratories and facilities. Through continual enhancements in capacities and resources, QPS stands tall in its commitment to delivering superior quality, skilled performance and trusted service to its valued customers. For more information, visit www.qps.com or email info@qps.com.


 


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Contacts

Gabrielle Pastore

1-302-635-4290

Gabrielle.Pastore@qps.com

Medisca Opens New Pharmaceutical Repackaging Facility to Meet Global Demands in Personalized Medicine

  PLATTSBURGH, N.Y. - Thursday, 27. June 2024 AETOSWire 



(BUSINESS WIRE) -- Medisca, a global leader in personalized pharmaceutical solutions, held a grand opening event on June 20, 2024, for their new repackaging and distribution facility in Plattsburgh, New York. The event was celebrated in the company of Medisca’s valued Plattsburgh team, business partners, and state and federal officials, including Congresswoman Elise Stefanik, Senator Dan Stec, and Assemblyman Billy Jones.


"This event marks the completion of the largest project ever undertaken by Medisca in our 35-year history," said Antonio Dos Santos, Medisca Founder and Chairman. “This new facility showcases the diligent efforts and dedication of Medisca people and demonstrates our commitment to supporting the growing demands in personalized medicine."


Continued investment in the North Country


After 32 years of established standing and investment in the North Country, the opening of the new Medisca facility in Plattsburgh exemplifies the value of the workforce in this region.


"The new Medisca facility is a testament to our local workforce talent pool, already providing 65 good-paying local jobs with plans for further expansion," said Congresswoman Elise Stefanik. "This significant investment in Plattsburgh underscores the strength of our region. I am proud to support Medisca and the many industries investing in our community and driving economic prosperity for hardworking families in Upstate and the North Country."


Doubling capacity to serve the growing demands in personalized medicine


Consolidating existing operations into a single site equipped with innovative machinery and automated workflows, the new facility will significantly enhance the company’s capacity to support the diverse healthcare groups it serves.


“In particular, the new facility will allow Medisca to expand its capacity to provide quality products to pharmacists and healthcare professionals, so they can prepare personalized and essential medications for patients like you and me – not just here in the United States, but across the globe,” said Sanjay Goorachurn, Medisca CEO.


Leveraging scalable innovation, reinforcing established quality systems, and prioritizing the health, safety, and wellness of Medisca personnel were paramount in every decision made during the design and construction of the new facility. Key considerations included introducing custom-tailored ISO-rated production rooms and leveraging customized warehouse management systems for end-to-end traceability.


“Taken together, the new facility is a state-of-the-art example that leverages innovation and rigorous quality and safety measures to protect our product, personnel, and environment,” said Dos Santos.


The new Medisca Plattsburgh facility has undergone a successful New York State inspection and third-party documentation and systems audit, with additional licensures and agency inspections actively underway to serve the United States and Global markets. For a look at the new facility, click here.


About Medisca


Founded in 1989, Medisca is a global leader in personalized medicine and pharmaceutical supply chain solutions. Its vast portfolio of over 2,000 products is complemented by a library of 10,000+ proprietary and customized medication formulas, expertise, and services in pharmaceutical compounding, continuing healthcare education, analytical testing, and more. Providing finely-tuned solutions to diverse wellness sectors across the globe, Medisca is bridging the gaps in healthcare and empowering personalized wellness for all. For more information, visit www.medisca.com and follow us on LinkedIn, Facebook, and YouTube.


 


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Contacts

Medisca Communications

communications@medisca.com

1-800-665-6334


 

Kakaku.com: Launch of Japan’s Largest Restaurant Reservation Service for Overseas Visitors

TOKYO - Wednesday, 26. June 2024

Online reservations at over 35,000*1 restaurants available in English, Chinese (Simplified and Traditional) and Korean

(BUSINESS WIRE)--Tabelog*2, one of Japan’s largest restaurant search and reservation sites, has launched an online reservation service for visitors to Japan, which supports English, Chinese (Simplified and Traditional) and Korean. With reservations available at over 35,000 restaurants, it is the largest service of its kind in Japan.

*1As of June 26, 2024, based on internal research. Largest restaurant reservation service (instant reservations) for visitors to Japan
*2Tabelog is operated by Kakaku.com, Inc. one of Japan’s leading Internet companies.

Tabelog’s online reservation service for overseas visitors

To offer a more convenient way to find and reserve restaurants for the growing number of visitors to Japan, we have launched an online restaurant reservation service where reservations can be made in English, Chinese (Traditional and Simplified), and Korean.
*According to the Japan National Tourism Organization, the number of visitors to Japan is expected to exceed 3 million in May 2024 (up 60% from the previous year).

Features of Tabelog’s service are as follows:

    Search for restaurants in Japan by specifying a location, cuisine, budget, and the date and time you want to make a reservation.
    Select a restaurant based on detailed information about the restaurant, including menu, photos, and reviews posted by Japanese users.
    Check reservation availability using the calendar function and make online reservations directly on Tabelog.
    *Online reservations are currently only available for set menus and require credit card registration. In addition, there is a system usage fee of 440 yen (incl. tax) per person per reservation.

“Japan is currently the destination of choice for travelers from around the world, and many of them want to experience Japan’s food culture. However, there is still a shortage of restaurants equipped to communicate with and take reservations from overseas visitors leading to a situation where only a handful of well-known restaurants are attracting visitors to Japan,” said Taku Kounoike, Head of Tabelog. “As a Japanese gourmet media, we want to support travelers in experiencing the deeper charm of Japan, by showcasing a wide range of excellent restaurants across the country, and by providing a service that enables users to make online reservations. We sincerely hope that your travel experience in Japan will become more fulfilling than ever before.”

Links to the different language versions of Tabelog:
- English: https://tabelog.com/en/
- Simplified Chinese: https://tabelog.com/cn/
- Traditional Chinese: https://tabelog.com/tw/
- Korean: https://tabelog.com/kr/

*Ongoing modifications and improvements to the site may result in changes to the user interface and performance.

About Tabelog

Tabelog provides information on almost all restaurants in Japan, and users can choose restaurants catering to their specific preferences, based on information provided by the restaurants themselves, as well as reviews and photos posted by users. The service receives high marks from users for offering comprehensive information about restaurants and a highly convenient user interface. As of March 2024, it has become one of Japan’s largest restaurant search and reservation services, with approximately 93.5 million monthly users.

About Kakaku.com, Inc. (https://corporate.kakaku.com/?lang=en)

Established in 1997, Kakaku.com, Inc. (TOKYO:2371) is a Japanese internet company operating various web services, including the purchasing support site "Kakaku.com", the restaurant search and reservation service "Tabelog", and the comprehensive job search service "Kyujin Box". In April 2024, the company launched "Jobcube", a comprehensive search site for jobseekers, in the United States.
Service Overview: https://corporate.kakaku.com/company/service/?lang=en

 

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Contacts

Kakaku.com, Inc.
Public Relations and Investor Relations Office
pr@kakaku.com

Merck Provides Update on Phase III TrilynX Study in Locally Advanced Head and Neck Cancer


 DARMSTADT, Germany 

Not intended for UK-, US- or Canada-based media

(BUSINESS WIRE)--Merck, a leading science and technology company, today announced the discontinuation of the Phase III randomized TrilynX study evaluating xevinapant plus chemoradiotherapy (CRT) in patients with unresected locally advanced squamous cell carcinoma of the head and neck (LA SCCHN). The decision follows a pre-planned interim analysis performed by the study’s Independent Data Monitoring Committee, which found that the trial would be unlikely to meet its primary objective of prolonging event-free survival. Top-line safety data were overall compatible with the chemo-radio sensitizing properties of xevinapant. The company will conduct an in-depth review of the data and will share the results in a peer-reviewed forum.


LA SCCHN has proven to be a difficult-to-treat form of cancer. CRT has remained the standard of care for decades, despite multiple studies designed to improve outcomes with new treatment approaches, including multiple immunotherapy trials.


“We sincerely thank the patients, caregivers and clinical investigators who participated in this trial,” said Danny Bar-Zohar, Global Head of Research & Development and Chief Medical Officer for the Healthcare business sector of Merck. “While we are disappointed by these results, we remain steadfast in our commitment to develop transformative medicines within our oncology portfolio for areas of high unmet need.”


Given the totality of the data, the company decided to also stop the Phase III clinical trial X-Ray Vision (xevinapant plus radiotherapy, compared to placebo plus radiotherapy) in patients who underwent resection of locally advanced head and neck cancer.


Merck is working to develop and deliver new treatment options that exploit the vulnerabilities of tumor cells. The company is exploring modalities including antibody-drug conjugates (ADCs) and DNA damage response (DDR) inhibitors, across multiple tumor types, including many that have proven difficult to treat where there are significant unmet needs for patients. The company’s support for the head and neck cancer community remains steadfast with Erbitux®, approved in combination with radiotherapy for the initial treatment of locally advanced SCCHN, and which continues to be studied in more than 200 active clinical trials, including at least 15 Phase III studies.


About Xevinapant


Xevinapant (formerly known as Debio 1143) is an investigational potent oral small-molecule IAP (inhibitor of apoptosis protein) inhibitor. In March 2021, Merck gained exclusive rights from Debiopharm International SA to develop and commercialize xevinapant worldwide. Xevinapant is not approved for any use anywhere in the world.


Advancing the Future of Cancer Care


At Merck we strive every day to improve the futures of people living with cancer. Our research explores the full potential of promising mechanisms in cancer research, focused on synergistic approaches designed to hit cancer at its core. We are determined to maximize the impact of our standard-of-care treatments and to continue pioneering novel medicines. Our vision is to create a world where more cancer patients will become cancer survivors. Learn more at www.merckgrouponcology.com.


About Merck


Merck, a leading science and technology company, operates across life science, healthcare and electronics. Around 63,000 employees work to make a positive difference to millions of people’s lives every day by creating more joyful and sustainable ways to live. From providing products and services that accelerate drug development and manufacturing as well as discovering unique ways to treat the most challenging diseases to enabling the intelligence of devices – the company is everywhere. In 2023, Merck generated sales of € 21 billion in 65 countries.


Scientific exploration and responsible entrepreneurship have been key to Merck’s technological and scientific advances. This is how Merck has thrived since its founding in 1668. The founding family remains the majority owner of the publicly listed company. Merck holds the global rights to the Merck name and brand. The only exceptions are the United States and Canada, where the business sectors of Merck operate as MilliporeSigma in life science, EMD Serono in healthcare, and EMD Electronics in electronics.


All Merck press releases are distributed by e-mail at the same time they become available on the Merck website. Please go to www.merckgroup.com/subscribe to register online, change your selection or discontinue this service.


 


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Contacts

 

Media Relations

gangolf.schrimpf@merckgroup.com

Phone: +49 151 1454-9591


Investor Relations

investor.relations@merckgroup.com

Phone: +49 6151 72-3321

NetApp Earns AAA Rating for Industry-First AI-Driven On-Box Ransomware Detection Solution


 SAN JOSE, Calif.

NetApp sets new standard for secure storage with third-party validated ransomware detection accuracy of 99 percent

(BUSINESS WIRE) -- NetApp® (NASDAQ: NTAP), the intelligent data infrastructure company, today announced that NetApp ONTAP® Autonomous Ransomware Protection with Artificial Intelligence (ARP/AI) has received a AAA rating from SE Labs, an independently-owned and run testing company that assesses security products and services. SE Labs validated the protection effectiveness of NetApp ARP/AI with 99 percent recall—a metric that measures malware detection rates—for ransomware attacks, while noting the absence of false positives.


When responding to ransomware attacks, seconds can make the difference between ensuring continuity and a massive business disruption. Organizations need fast, automated, and accurate detection and response capabilities built into their primary storage systems to minimize the damage done by lost production data and downtime. NetApp ARP/AI, with its AI-powered ransomware detection capability, addresses this gap by providing real-time detection and response to minimize the impact of cybersecurity threats.


SE Labs rigorously tested NetApp ARP/AI against hundreds of known ransomware variants with impressive results. NetApp ARP/AI demonstrated 99 percent detection of advanced ransomware attacks. NetApp ARP/AI also achieved 100 percent detection of legitimate files without flagging any false positives, indicating a strong ability to operate in a business context without contributing to alert fatigue.


Ensuring data is secure against internal and external threats is a critical part of making data infrastructure intelligent which then empowers customers to turn disruption into opportunity. This validation of NetApp’s AI-powered ransomware detection capabilities underscores how NetApp is staying at the forefront of AI innovation by both enabling AI adoption and applying AI to data services. NetApp’s newly released more powerful, all-flash storage systems help enterprises leverage their data to drive AI workloads, built on NetApp’s secure storage infrastructure.


"NetApp has passed a significant milestone in the fight against ransomware as the first and only storage vendor to offer AI-driven on-box ransomware detection with externally validated top-notch protection effectiveness,” said Dr. Arun Gururajan, Vice President, Research & Data Science at NetApp. “Ransomware detection methodologies that rely only on backup data are too slow to effectively mitigate the risks businesses face from cybersecurity threats. NetApp ARP/AI hardens enterprise storage by providing robust, built-in detection capabilities that can respond to ransomware threats in real time. The AAA rating we achieved from SE Labs is the result of our commitment to innovation in intelligent data infrastructure and our drive to find new ways to make NetApp the most secure storage on the planet.”


By embedding ransomware detection in storage, NetApp ARP/AI helps customers improve their cyber resilience while reducing the operational burden and skills required to maintain their intelligent data infrastructure. NetApp ARP/AI’s detection technology continuously adapts and evolves as new ransomware variants are discovered. This continuous retraining on the latest ransomware strains ensures that NetApp ARP/AI remains at the forefront of protection effectiveness, offering organizations a future-proof defense against the dynamic ransomware landscape.


To see the full results of the tests, read the SE Labs Report.


NetApp ARP/AI is currently in tech preview. Customers can request to participate in the tech preview by reaching out to their NetApp sales representative.


Additional Resources


NetApp, the First and Leading AI-Powered Autonomous Ransomware Protection Native to Storage Achieves Remarkable AAA Rating and 99% Detection Accuracy and 100% Legitimate Accuracy in SE Labs Validation Testing


Protect, Detect, Recover; Guaranteed


About NetApp


NetApp is the intelligent data infrastructure company, combining unified data storage, integrated data services, and CloudOps solutions to turn a world of disruption into opportunity for every customer. NetApp creates silo-free infrastructure, harnessing observability and AI to enable the industry’s best data management. As the only enterprise-grade storage service natively embedded in the world’s biggest clouds, our data storage delivers seamless flexibility. In addition, our data services create a data advantage through superior cyber resilience, governance, and application agility. Our CloudOps solutions provide continuous optimization of performance and efficiency through observability and AI. No matter the data type, workload, or environment, with NetApp you can transform your data infrastructure to realize your business possibilities. Learn more at www.netapp.com or follow us on X, LinkedIn, Facebook, and Instagram.


NETAPP, the NETAPP logo, and the marks listed at www.netapp.com/TM are trademarks of NetApp, Inc. Other company and product names may be trademarks of their respective owners.


 


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Contacts

Media Contact:

Kenya Hayes

NetApp

kenya.hayes@netapp.com


Investor Contact:

Kris Newton

NetApp

kris.newton@netapp.com

Takeda Announces New Assignments of Directors

 


OSAKA, Japan - 

(BUSINESS WIRE)--Takeda (TOKYO:4502/NYSE:TAK) has announced new assignments of directors, determined at the Board of Directors meeting and at the Audit and Supervisory Committee meeting, following the 148th Ordinary Meeting of Shareholders, held in Osaka today.


Takeda's Board of Directors has 11 members serving as external directors out of a total of 14 members, helping to ensure transparency and objectivity. An external director will continue to chair the Board of Directors. The Audit and Supervisory Committee, the Nomination Committee and the Compensation Committee will be composed solely of external directors including their chairs.


Takeda highly values strong, independent governance and its Board of Directors helps to ensure that all decisions and actions are in the best interests of global stakeholders and aligned with the company’s values. This robust corporate governance model has been, and will continue to be, critical to Takeda's success.


Details of the new assignments are as follows:


1. New Assignment of Directors Who Are Not Audit and Supervisory Committee Members (Effective June 26, 2024)


Name


Category


Role


Christophe Weber


Internal


Existing


Representative Director, President & Chief Executive Officer


Milano Furuta


Internal


New


Director, Chief Financial Officer


Andrew Plump


Internal


Existing


Director, President, Research & Development


Masami Iijima


External


Existing


External Director, Chair of the Board Meeting


Ian Clark


External


Existing


External Director


Steven Gillis


External


Existing


External Director


Emiko Higashi


External


New


External Director


John Maraganore


External


Existing


External Director


Michel Orsinger


External


Existing


External Director


Miki Tsusaka


External


Existing


External Director


2. Directors Who Are Audit and Supervisory Committee Members (Effective June 26, 2024)


Name


Category


Role


Koji Hatsukawa


External


Existing


External Director, Head of Audit and Supervisory Committee


Jean-Luc Butel


External


New


External Director, Audit and Supervisory Committee Member


Yoshiaki Fujimori


External


Existing


External Director, Audit and Supervisory Committee Member


Kimberly A. Reed


External


Existing


External Director, Audit and Supervisory Committee Member


3. New Assignment of Nomination Committee and Compensation Committee Members (Effective June 26, 2024)


Nomination committee:

Masami Iijima (Chairperson), Steven Gillis, Emiko Higashi, Michel Orsinger, Jean-Luc Butel, and Yoshiaki Fujimori

(Observer: Christophe Weber)


Compensation committee:

Emiko Higashi (Chairperson), John Maraganore, Michel Orsinger, and Kimberly A. Reed


About Takeda

Takeda is focused on creating better health for people and a brighter future for the world. We aim to discover and deliver life-transforming treatments in our core therapeutic and business areas, including gastrointestinal and inflammation, rare diseases, plasma-derived therapies, oncology, neuroscience and vaccines. Together with our partners, we aim to improve the patient experience and advance a new frontier of treatment options through our dynamic and diverse pipeline. As a leading values-based, R&D-driven biopharmaceutical company headquartered in Japan, we are guided by our commitment to patients, our people and the planet. Our employees in approximately 80 countries and regions are driven by our purpose and are grounded in the values that have defined us for more than two centuries. For more information, visit www.takeda.com.


Important Notice

For the purposes of this notice, “press release” means this document, any oral presentation, any question and answer session and any written or oral material discussed or distributed by Takeda Pharmaceutical Company Limited (“Takeda”) regarding this press release. This press release (including any oral briefing and any question-and-answer in connection with it) is not intended to, and does not constitute, represent or form part of any offer, invitation or solicitation of any offer to purchase, otherwise acquire, subscribe for, exchange, sell or otherwise dispose of, any securities or the solicitation of any vote or approval in any jurisdiction. No shares or other securities are being offered to the public by means of this press release. No offering of securities shall be made in the United States except pursuant to registration under the U.S. Securities Act of 1933, as amended, or an exemption therefrom. This press release is being given (together with any further information which may be provided to the recipient) on the condition that it is for use by the recipient for information purposes only (and not for the evaluation of any investment, acquisition, disposal or any other transaction). Any failure to comply with these restrictions may constitute a violation of applicable securities laws.


The companies in which Takeda directly and indirectly owns investments are separate entities. In this press release, “Takeda” is sometimes used for convenience where references are made to Takeda and its subsidiaries in general. Likewise, the words “we”, “us” and “our” are also used to refer to subsidiaries in general or to those who work for them. These expressions are also used where no useful purpose is served by identifying the particular company or companies.


Forward-Looking Statements

This press release and any materials distributed in connection with this press release may contain forward-looking statements, beliefs or opinions regarding Takeda’s future business, future position and results of operations, including estimates, forecasts, targets and plans for Takeda. Without limitation, forward-looking statements often include words such as “targets”, “plans”, “believes”, “hopes”, “continues”, “expects”, “aims”, “intends”, “ensures”, “will”, “may”, “should”, “would”, “could”, “anticipates”, “estimates”, “projects”, “forecasts”, “outlook” or similar expressions or the negative thereof. These forward-looking statements are based on assumptions about many important factors, including the following, which could cause actual results to differ materially from those expressed or implied by the forward-looking statements: the economic circumstances surrounding Takeda’s global business, including general economic conditions in Japan and the United States; competitive pressures and developments; changes to applicable laws and regulations; challenges inherent in new product development, including uncertainty of clinical success and decisions of regulatory authorities and the timing thereof; uncertainty of commercial success for new and existing products; manufacturing difficulties or delays; fluctuations in interest and currency exchange rates; claims or concerns regarding the safety or efficacy of marketed products or product candidates; the impact of health crises, like the novel coronavirus pandemic; the success of our environmental sustainability efforts, in enabling us to reduce our greenhouse gas emissions or meet our other environmental goals; the extent to which our efforts to increase efficiency, productivity or cost-savings, such as the integration of digital technologies, including artificial intelligence, in our business or other initiatives to restructure our operations will lead to the expected benefits; and other factors identified in Takeda’s most recent Annual Report on Form 20-F and Takeda’s other reports filed with the U.S. Securities and Exchange Commission, available on Takeda’s website at: https://www.takeda.com/investors/sec-filings-and-security-reports/ or at www.sec.gov. Takeda does not undertake to update any of the forward-looking statements contained in this press release or any other forward-looking statements it may make, except as required by law or stock exchange rule. Past performance is not an indicator of future results and the results or statements of Takeda in this press release may not be indicative of, and are not an estimate, forecast, guarantee or projection of Takeda’s future results.


 


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Contacts

Media Contacts:

Japanese Media

Shoko Honda

shoko.honda@takeda.com

+81 (0) 70-2687-3620


U.S. and International Media

Brendan Jennings

brendan.jennings@takeda.com

+81 (0) 80-2705-8259