Archive: January 12, 2023

Business

Ivan Bagaric is the New CEO of The Solvares Group

Jan 12, 2023 by Rabindra 0 Comments

Reading, United Kingdom, January 12, 2023 –— The Solvares Group, Europe’s leading provider of Resource Management in Field Service, Field Sales, and Logistics, has appointed Ivan Bagaric as its new CEO with effect from 1 January 2023.

The 44-year-old Business Graduate has 15 years of International Management experience with a focus on Strategy, M&A, Processes, and Legal in the Software Industry. As the new CEO, Bagaric will focus on sharpening the strategy of the Solvares Group and the merging of the subsidiaries, therefore driving the further growth of the group as the European Market Leader for Resource Optimisation.

Ivan Bagaric was CEO at Blackbelt XP, an Amsterdam-based consultancy specializing in the optimization of Cloud and Digitalisation processes. Prior to his position at Blackbelt XP, Bagaric worked for eight years at PTV Group in various positions and most recently headed the Purchasing, M&A, Legal, and Transformation divisions as part of the Executive Board. He, therefore, brings with him extensive expertise in the market for Transport and Logistics Software – one of the core markets of the Solvers Group.

In addition to his work as CEO, Bagaric is a Lecturer on Strategic Purchasing at the Karlsruhe University of Applied Sciences.

“We are very proud to have attracted Ivan Bagaric to the position of CEO of Solvares Group,” says Gerhard Sundt, Chairman of the Advisory Board of Solvares Group. “With his extensive experience and considerable track record in the Transport and Logistics Software industry and in M&A, Ivan will further drive the integration of our five subsidiaries under the Solvares Group umbrella and give new impetus to the Group.”

“We have come to know and appreciate Ivan Bagaric over the past two years as a member of the Advisory Board. He knows our business and the market and we are very pleased to have found the ideal candidate in him for the position of CEO,” explains Matthias Grünberger, spokesperson and CTO of Solvares Group. In addition to Bagaric and Grünberger, Christoph R. Hartel as CCO and Benjamin Stoffels as CFO continue to be part of the Management team.

“A great task awaits me at Solvares Group,” explains the new CEO. “With such a complementary and comprehensive offering for Field Service, Field Sales and Logistics, we are ideally positioned to provide our customers with Green Tech solutions for a time when resource conservation, efficiency and sustainability are becoming increasingly important,” says Bagaric.

Solvares Group
The Solvares Group is Europe’s leading provider for Resource Management in Field Service, Field Sales, and Logistics. The portfolio includes solutions for the entire Supply and Service chain – from Transport Logistics to Sales and Field Service. The focus is always on Intelligent Resource Optimisation through best-of-breed solutions for the customer.

The Solvares Group was formed in 2018 with the acquisition of FLS GmbH. The expansion with impactit GmbH from Vienna, Städtler Logistik GmbH from Nuremberg and Opheo Solutions GmbH from Hamburg in 2021 created a Market Leader for Resource Optimisation in Europe. In June 2022, mobileX AG from Munich joined as the fifth company. The Group employs 339 people at 10 locations in 5 countries. The headquarters is in Heikendorf near Kiel.
Contact
FLS – FAST LEAN SMART
James Alex Waldron
+44 1183 800189
https://www.fastleansmart.com/en/

Education

Orchids The International School opens its first branch in Sonipat

Jan 12, 2023 by Sujata Muguda 0 Comments

Sonipat, January 12, 2023: Orchids The International School (OIS), the leading K12 school chain in India, has announced the launch of its first branch at New Braham Colony, Sonipat. With a student strength of 1600, the school has been built on a vast area of around 2 acres and comes with the best-in-class amenities, including kids’ play areas, an infirmary, an auditorium, air-conditioned classrooms, a swimming pool, a music and dance studio, and many more facilities for the students.

The school has classes from Nursery to XII and is affiliated with the CBSE board. OIS NBC, Sonipat will focus on experiential learning, STEAM, and multiple intelligence pedagogy, with a significant focus on project-based learning and physical education. The school will also provide special education to the required students with the help of experts and programs designed specifically for them.

Speaking at the school launch, Shalini Chaudhary, Principal of Orchids The International School, Sonipat said, “We are delighted to establish a new OIS branch in Sonipat, and we are dedicated to providing students with an international education with a national approach. The NEP has brought in much-needed changes to the Indian education system and Orchids has introduced a slew of programs including Horticulture, Public Speaking, Financial Literacy Program, Astronomy, and Robotics as part of the curriculum, ensuring to build future-ready global citizens”.

The campus will provide best-in-class sports facilities to students who are sports enthusiasts including a skating rink, basketball ground, boxing ring, taekwondo hall, and table tennis. The emergency facilities, including hospitals, are in close proximity to ensure the safety and security of all the student

Business

Nuspire Declares Digital Transformation is Done

Jan 12, 2023 by Rabindra 0 Comments

Commerce, MI, January 12, 2023 –(PR.com)– Nuspire, a leading managed security services provider (MSSP), today announced the rollout of its 2023 cybersecurity predictions. Compiled from Nuspire’s senior leadership team, these forecasts go beyond standard prediction fare, and while some may be considered controversial, they’re designed to promote forward-thinking discussions throughout the industry.

Top predictions include:

Digital transformation is done. These days, companies can’t function without using digital technology in some way. The security industry has employed digital transformation to drive change, from application and mobile security to cloud security and security products. Digital transformation is old news, and if you haven’t adapted by now, it’s too late.

Security leadership roles will increasingly be filled by unqualified individuals, creating a level of chaos never before seen in the security field. With (ISC)2 reporting a global cybersecurity talent shortage of 3.4 million workers, companies are scrambling to fill those roles, including openings for CISOs and other security leaders. The struggle to find professionals who not only understand the cybersecurity space, but also have a broader view and appreciation of the business, will cause a ripple effect of damage that will be felt for years to come.

National leaders will finally take steps related to a U.S. answer to GDPR. The increased national-level conversation surrounding personal data protection (ostensibly from the perspective of consumer transactions), coupled with the potential for a very public national or international corporate data breach or politically motivated attack will spur dramatic changes to policies, processes and controls for all IT/IS leaders in the U.S. The gravity of this will have an outsized effect on SMBs with constrained operating budgets.

Nuspire is unveiling its predictions over the next several weeks via a video series (https://www.nuspire.com/2023-predictions/) featuring the company’s cybersecurity veterans (and resident soothsayers). Additionally, Nuspire will present its full complement of predictions on Jan. 17, 2023 during a live webinar (https://www.nuspire.com/events/2023-cybersecurity-predictions-are-you-ready/) with their in-house panel of experts.

About Nuspire
Nuspire is a managed security services provider (MSSP), offering managed security services (MSS), managed detection and response (MDR), endpoint detection and response (EDR) that supports best in breed EDR solutions, and cybersecurity consulting services (CSC) that includes incident readiness and response, threat modeling, digital forensics, technology optimization, posture assessments and more. Our self-service, technology-agnostic platform, myNuspire, allows greater visibility into your entire security program. Powered by the self-healing always on Nuspire Cyber X Platform (CXP), myNuspire will help CISOs alleviate the pain associated with tech sprawl, provide intelligence driven recommendations, solve for alert fatigue and help their clients become more secure over time. Our deep bench of cybersecurity experts, award-winning threat intelligence and three 24×7 security operations centers (SOCs) detect, respond, and remediate advanced cyber threats. Our client base spans thousands of enterprises from midsized to large enterprises that span across multiple industries and geographic footprints. For more information, visit www.nuspire.com and follow us at on LinkedIn @Nuspire.
Contact
Nuspire
Michael Becce
732-758-1100
nuspire.com

Education

Khalifa University partners with Zero Carbon Ventures for research into groundbreaking decarbonization technology

Jan 12, 2023 by Neel Achary 0 Comments

Abu Dhabi, United Arab Emirates, 12 January 2023: The Research and Innovation Center for Graphene and 2D Materials (RIC-2D) based in Khalifa University of Science and Technology, an internationally top-ranked research-intensive university located in Abu Dhabi, UAE and Zero Carbon Ventures, a company dedicated to bringing carbon-reducing technologies to the Middle East, have joined forces to develop local applications for carbon reduction LOOP technology developed by UK climate tech company, LevidianNanosystems.

The RIC-2D at Khalifa University and Zero Carbon Ventures have erected a site for the carbon-reducing technology at the Arzanah Complex at the university’s Sas Al Nakhl (SAN) Campus, in Abu Dhabi. Research will be conducted on the system’s input and outputs, to develop its applications for different waste gas blends, such as those in the oil and gas industry, agriculture, landfill, and wastewater treatment plants.

Levidian’s LOOP technology demonstrates the ability to process captured methane as a key tool in the journey to a decarbonised world. Methane is cracked to produce Hydrogen, a fuel of the future, and Graphene which has the potential to impact a broad range of industries.

Earlier this year, Zero Carbon Ventures partnered with Levidian to deploy their innovative LOOP technology in the UAE.

The partners will work together on a project-by-project basis – initially on the LOOP technology, but with a vision to collaborate on other programs in the future.

Dr. Hassan Arafat, Senior Director, RIC-2D said: “RIC-2D is pleased to partner with Zero Carbon to jointly work on local applications for carbon reduction LOOP technology developed by LevidianNanosystems. The cutting-edge Graphene and Hydrogen production technology installed at Khalifa University’s SAN Campus demonstrates our emphasis on bringing world-class innovative Graphene technologies to the UAE and the region. RIC-2D researchers will focus on developing applications for different waste gas blends, such as those in the oil and gas industry, agriculture, landfill, and wastewater treatment plants.”

Martin Reynolds, CEO of Zero Carbon Ventures “Methane is one of the worst greenhouse gasses when liberated to the atmosphere. This technology from Levidian is a great example of the kinds of technology we aim to support the development of in the region. We have big plans to deploy it across industry in the UAE, initially, with a particular focus on decarbonizing waste methane from landfill sites. Our partnership with Khalifa University; one of the world’s best science and technology research centres, provides us with fantastic validation and support of the goals we have set ourselves. We are looking forward to seeing the results of this amazing work that will inevitably lead to advancements in the country’s mission to achieve Net Zero.”

The RIC-2D hosted by Khalifa University of Science and Technology is part of a strategic investment by the Government of Abu Dhabi, in the UAE, to advance the scientific development and commercial deployment of technologies derived from graphene and other 2D materials. RIC-2D serves as an integral part of an advanced materials innovation ecosystem being developed in Abu Dhabi.

Health

Heartfulness Encourages Nurturing Young Agri Scholars For A Self-Sufficient India

Jan 12, 2023 by Sujata Muguda 0 Comments

Shri Kamlesh Patel

Hyderabad, 12 January 2023: Heartfulness Education Trust in association with the Indian Council for Agricultural Research (ICAR), Govt. of India inaugurated a three-day one-of-a-kind Agro Youth Summit at Kanha Shanti Vanam – the Headquarters of Heartfulness in the outskirts of Hyderabad city. The summit that is being organised between 12-14 January was inaugurated by Hon. Shri R C Agarwal, Deputy Director General, ICAR, and Shri Kamlesh Patel ‘Daaji’, Guide of Heartfulness Meditation Worldwide. The summit which coincides with the National Youth Day and also the birth anniversary of Swami Vivekananda intends at empowering the youth of the country studying agriculture with knowledge transfer and technical know-how while keeping meditative minds at the heart of agricultural advancements. Vice Chancellors, academicians, and faculties were also present at the summit besides Mr. Ramesh Krishnan – Director of Heartful Campus, and Dr. Nivedita Shreyans – Convenor of the summit.

The summit is significant especially since over 2,00,000 students studying agriculture in India can now utilise the resources from HET as agreed upon through an MoU that was signed between HET and ICAR signed in August 2022. The students are expected to gain insights into the Heartfulness facility as well at Kanha Shanti Vanam through their tissue culture lab, bio charcoal projects, hydroponics, etc. for exploration. The visit at the summit also carries course credits (2 credit courses for 30 hours) and the attendance is therefore counted.

Speaking on the inauguration Shri R C Agarwal, Deputy Director General, ICAR said, “It’s a matter of great pride for me because this agro youth fest is being organised in one of the most beautiful places in our country on the auspicious occasion of Swami Vivekananda’s birth anniversary, and in front of a great motivator – Pujya Daaji. In August 2022, HET and ICAR signed an MoU and since then 10000 students from 50 universities have benefited and universities have incorporated their modules. Students have shown a great change in their mindset. Students are very happy undergoing this meditation and wanted to come to the campus. Agriculture is one of the backbone of our country. Students have to focus on their inner strength and self-realization that comes from meditation.

About 300 entrepreneurs have developed from these graduates. We have already established incubation centres and 900 experiential learning centres in our universities with all the facilities accessible to every student. The potential of agriculture is enormous and academicians are surprised at this. Students have now developed a vision for agriculture and can understand Daaji’s vision of making the country self-sufficient. We can easily meet the demands by growing more from fewer resources (amid climate change, water pollution, lesser land, etc). Agriculture alone will save us in case of any calamity such as another covid or a lockdown. You can never lock agriculture. We have got good progress on students turning entrepreneurs and creating agro jobs. Implementing ideas is necessary which can only be achieved through Dhyan and meditation. We have such potential today that we can feed another 30-40 countries. Did you know that out of 1kg of rice 3000 liters of water? We waste much-hidden water. We waste 40% of 340 million grains annually. According to FAO – 80% of biodiversity is already lost. Thankfully, we have Heartfulness education training students and showing them how to adopt new technology making the country great through self-reliance.”

Shri Kamlesh Patel – Guide of Heartfulness Meditation Worldwide said, “Agriculture goes hand in hand with spirituality only a farmer can surrender to nature absolutely. They have to prayerfully wait for the right climatic conditions and nature. But the attitude of worship has to be there. Prayerful surrender is different – visiting the place you want to farm gives ideas on how every corner. Sleep on the farm and meditate on your farm one night and see what happens. When you do this prayerfully vs. doing it like a laborer. With a positive attitude the entire – smile and work give productive work. FEAST And songs affect through happy vibrations. Youth going to the gym vs. labor in the farmland. There is a difference in attitude. Farmers can think that they are wasting time. If entrepreneurs have no enthusiasm, then the people who work with them will also not have enthusiasm. Honor your work, respect and worship your work. Vivekananda said people of my country need food, not God. Balance and enrich lives, prosper, without any limits in one direction in the material world. But immerse in spirituality. Fly with both together, or else life will become topsy-turvy. As students drive all your energies into education. Immerse yourself in adhyatmikta. I am not talking about religion. Break your heart, not coconuts. Breaking coconuts every day will make no difference. Open your heart and approach God. I am looking forward to an interactive summit with the students on the auspicious occasion of Swami Vivekananda’s birthday.”

A plethora of activities is slated for the youth summit. Batchwise practical and observational learning with highlights of various Agri innovative projects at Kanha will be led by the Agri team of Kanha Shantivanam, headed by Dr. Sairam Reddy, Dr. Ramakanta, and Mr. Sarvanan and with youth volunteers. Experience sharing/Ice Breaking games/Cultural activities/group games/networking activities for youth at Main Meditation activities headed by Heartfulness Youth Volunteers. Credit-based assignments will also involve case study analysis and group activity for all students on the National bestselling book Wisdom Bridge authored by Shri Kamlesh D Patel ‘Daaji’. Open interaction forum, experiential sharing session with all the students, participants, and faculty members, led by Mr. Ramesh Krishnan, Director of Heartful campus, and Dr. Nivedita Shreyans, Convener of the summit are also part of the agenda for the program.

Education

Simplilearn named to the 2023 GSV 150

Jan 12, 2023 by Rekha Nair 0 Comments

A list recognizing the most transformational digital learning and workforce skills companies

Mumbai, January 12, 2023: Simplilearn, the world’s #1 online boot camp for digital economy skills training, has been named to the 2023 GSV 150 by GSV Ventures. The GSV 150 list highlights the world’s most transformational growth companies in digital learning and workforce skilling.

GSV Ventures, a multi-stage venture capital firm, announced the 2023 edition of the GSV 150, a list of the world’s most transformative private companies in education. Simplilearn has been chosen from over 4,000 venture capital and private equity-backed private companies revolutionizing the world of education technology. GSV estimates that together these 150 companies reach roughly 3 billion people — almost half of the global population — and generate approximately $25 billion in revenue.

This recognition comes in light of the company’s exponential growth and continuous developments over the past year, including fresh funding, the acquisition of FullStack Academy, and the launch of SimpliRecruit. Simplilearn’s programs span all critical digital domains like Data & AI, Programming, Cloud & Devops, Agile, Digital Transformation, and Digital Marketing and across 30+ critical digital economy roles in the enterprise with comprehensive learning paths. These programs are co-created with leading universities like MIT and Caltech and leading industry partners like IBM, Microsoft Azure, and Facebook, ensuring the best learning outcomes.

Simplilearn has helped more than 4 million professionals upskill in digital technology skills across 150 countries. For enterprises, Simplilearn offers a scalable platform for live interactive workshops and bootcamps in digital skills. Globally, Simplilearn works through partners, which include channel partners like Accenture academy and PWC Academy and distributors like Deviare in South Africa, Saudi Business Machines in the Middle East, and the ILX Group in the United Kingdom.

In this regard, Mr. Krishna Kumar, Founder and CEO, Simplilearn said, “Constantly ready at the cusp of transformation to ensure learners are equipped to take on the new economy, we are honoured to be among the 150 companies recognized by GSV Ventures for 2023. Despite the uncertainties in the industry and the overall market, EdTech has propelled forward to cross significant milestones. We are humbled to be listed at a global level for our contributions to digital upskilling and educational innovation. We look forward to continuing on this transformative path of innovation and growth. We aim to provide our learners with nothing but the best-in-class upskilling programs, ensuring job-readiness from day one remains strong.”

“We are excited to release the annual GSV 150, a selection of the leading private companies in digital learning and workforce skilling,” said Alexandra Argo, investor at GSV Ventures. “As we enter into what we call a ‘Brave New World,’ it is clear that you can’t use an old map to navigate a new world. This impressive group of companies continues to grow and evolve to meet the needs of learners and businesses at scale. After evaluating over 4,000 companies globally, we are proud to present the list of the 150 most impactful companies in digital learning that are leading the charge in providing ALL people equal access to the future.”

After a rigorous assessment of over 4,000 venture capital- and private equity-backed companies, GSV narrowed the potential selections to those that met the following criteria:

VC or PE-backed companies in digital learning and workforce skills, excluding public and non-profit companies
Companies that have achieved meaningful scale, and primarily, but not exclusively, those that are post-Series A in their development
Companies experiencing solid, organic top-line growth
The final selection is determined by GSV’s proprietary scoring system, which applies scores across several KPIs such as revenue scale, revenue growth, active learner reach, international reach, and margin profile.

The GSV 150 is distributed across Pre-K to Gray, covering early childhood, K-12, higher education, adult consumer learning, and workforce learning. Of these companies, 33% focus specifically on lifelong learning (which includes adult consumer learning and workforce learning), 32% focus on early childhood and K-12 education, and 5% focus solely on higher education. More and more companies are extending their reach across the lifetime learning cycle, with 30% of the 150 expanding across multiple categories from Pre-K to Gray.

Business

Kickin’ Country Debuts at New York’s Hill Country

Jan 12, 2023 by Rabindra 0 Comments

New York, NY, January 12, 2023 — Doors open at 7:30 p.m. on January 28 at New York’s Hill Country, for an evening of Nashville-meets-New York entertainment. “Kickin’ Country Night” features New York metro-based country trio Southpaw, who recently earned honors at the prestigious Josie Awards in Nashville’s legendary Grand Ole Opry.

“We’re so excited to bring our special brand of country covers and originals to the Big Apple,” says Southpaw lead singer Christine Radlmann. “We couldn’t ask for a better venue than Hill Country. Texas-style barbecue and a great line-up of up-and-coming country musicians right here in New York… sounds like a perfect night to me.”

Radlmann was crowned Female Country Vocalist of the Year, and Southpaw was also nominated for Country Group of the Year, at the 2022 Josie Music Awards, the largest independent music awards show in the world.

Joining Southpaw are country artists Dan Reardon and Chris Rendell. Reardon, who splits his time between New York and Nashville, has released 10 singles, including “The Road,” which has over 600,000 combined streams on YouTube and Spotify. Rendell, a Jersey-shore native known for his rowdy performances, recently opened for country star Matt Stell and will release his newest single this summer.

Hill Country is considered one of the hottest spots for live music and food in New York City. Tickets for the “Kickin’ Country Night,” sponsored by the Creative Entertainment Group, can be purchased online.
Contact
Southpaw
Christine Radlmann
201-978-6161
https://www.southpawcity.com

Business

Have a SKIN-TASTIC year with The Body Shop’s month-long End of Season Sale

Jan 12, 2023 by Sujata Muguda 0 Comments

The Body Shop

Mumbai, January 12, 2023: For ardent personal care enthusiasts, here’s some good news – The Body Shop’s much-loved End of Season SKIN-TASTIC Sale is back! The Britain-based international personal care brand has announced the sale, which will have enticing offers on several products, including bestsellers that have never before been on sale and pre-packed gifts for special occasions like weddings and birthdays at attractive prices. Having commenced on 1st January 2023, the sale will go on till the 31st of the month.

The SKIN-TASTIC sale offers a whopping 50% discount on multiple products, including The Body Shop’s prized Body Butter collection, Vitamin-E range, Hand Cleansing Gel collection, and Limited Edition range like the Wild Pine, Spiced Orange, and Passionfruit. But that’s not all. The Body Shop’s SKIN-TASTIC End of Season Sale is also the perfect place to be right now, given that the wedding season is in full swing. The sale has some of the brand’s best makeup products, sun protection, and facial oils at discounted prices. Further, customers shopping at The Body Shop stores in over 200 locations across India can enjoy a Buy One Get One offer as well as a 30% discount on any 4 products they choose.

The Body Shop’s End of Season Sale is one of the most eagerly anticipated events for those big on personal care, and today, that’s almost everybody. This year, they have taken things a notch higher by offering some of their products, like Avocado Body Butter and Bloom & Glow British Rose Ultimate Gift, at half price, allowing our customers to stock up on their favorite personal care products and ring in a SKIN-TASTIC year.

The Body Shop’s SKIN-TASTIC sale has something for everyone! With a significant number of the brand’s products carrying the Vegan certificate and all of them being cruelty-free in recyclable packaging, the wide range of products will cater to a wide demographic.

The SKIN-TASTIC End of Season Sale is now live on The Body Shop and across its stores in several cities, including Mumbai, Delhi, Chennai, Bangalore, Kochi, Hyderabad, Mysore, and Udaipur. In the Western part of India, the sale will be live at Inorbit Vadodara, VR mall, Surat, Inorbit mall, Malad, Viviana, Thane, Korum mall, Mumbai, Forum Celebration Mall, Udaipur, the Oberai mall and R City mall in Mumbai. In the South, the products on sale will be available at Galleria mall, Brookfield, Inorbit, Brigade Orion, IMG mall, Central 1, Orion East mall in Bangalore, Marina mall and Phoenix Market City in Chennai, Forum CenterCity mall in Mysore, Cochin Centre Square, Calicut Hilite mall, and the Promo Zone mall in Coimbatore. In the northern part of the country, The Body Shop’s End of Season Sale will be live at Select City, Pacific mall, and Vegas mall in Delhi, Trillium mall in Amritsar PMC, Lucknow, and Wave mall in Ludhiana. The On Sale products can also be purchased at the Quest mall in Kolkata.

Business

Aurachain Helps Sora Bank AG Reduce Loan Processing Time by Up to 85%

Jan 12, 2023 by Rabindra 0 Comments

Vaduz, Liechtenstein, January 12, 2023 – Aurachain, the low-code software development platform, has successfully enabled Sora Bank in Liechtenstein to reduce processing time on loans by up to 85% through a credit application – all in a matter of weeks and with the help of Aurachain’s complimentary resources. Upon completion of a training program, the Private Bank was able to expand its process automation journey on its own, and gradually implement solutions that would bring important improvements for both internal and external stakeholders.

Historically, credit application flows were a very heavy manual process, managed by paper files, email, and disjointed systems of record. As a result, the bank faced processing times of up to two weeks to reach approvals. Leveraging the core low-code capabilities of Aurachain, Sora Bank created an end-to-end application that digitized all interactions within its loan processing activities. The new solution provides a seamless digital experience for Sora Bank relationship managers, private banking executives, credit analysts, committee members, and even board members when required.

Processing time on loans reduced by up to 85% in the first month of activity
The credit flow solution that was built on the Aurachain platform manages the full lifecycle of client applications- from the moment a loan request is made until the credit contract is generated. The digital experience expedites credit checks and generates all documents required for regulatory and compliance purposes. Routing and approval escalations are set up based on the bank’s operational governance model.

Marcel Pfister, Head of Private Banking at Sora Bank commented:
“Using the Aurachain platform meant we were able to go digital with key workflows in a few short months. The Aurachain team helped us to hit the ground running, and the tremendous customer support has allowed us to build up internal capability at a pace we are comfortable with. As a Private Bank, we now have greater transparency, and flexibility and can process at a higher speed. Both our internal and external customers are seeing faster decisions and a lower error rate. We are working already on other processes to handle them via the Aurachain platform to increase efficiency.”

A future fully digital interaction model extending to the client can further improve the client experience, with digital distribution and signing of documents, as well as enabling uploads of required information and documents to the application. Aurachain’s built-in capability to generate full audits of all activity associated with the bank’s loan products enables operational excellence for Sora Bank AG.

Adela Wiener, CEO of Aurachain, commented, “We are delighted to see that Sora Bank’s adoption of our enterprise-grade platform has immediately delivered results. This rapid return on investment shines a spotlight on how the premium low-code technology we offer at Aurachain can be seamlessly implemented and integrated to help our clients drive process automation and reduce business pain points from day one.”

About Sora Bank AG
Established in 2001, Sora Bank provides a range of private banking services such as modern portfolio management, classic banking, and in the near future digital banking., to high net-worth private customers, businessmen and families.

Find out more at https://www.sorabank.com/en/.

About Aurachain
Aurachain empowers organizations to rapidly build digital process applications through a powerful low-code platform. Streamlined workflows and exceptional interfaces directly capture the expertise of subject matter experts, business analysts, and professional developers to deliver real business value from day one. Enterprise organizations and governments alike use Aurachain to reduce development timelines, optimize business operations, and accelerate innovation.

Find out more at www.aurachain.ch
Contact
Aurachain
Irina Pocovnicu
+41 (0)41 662 26 88
https://aurachain.ch/

Technology

Tech Mahindra and Microsoft join hands to bring Cloud-powered 5G Core Network Modernization to Telecom Partners

Jan 12, 2023 by Neel Achary 0 Comments

New Delhi – January 12th, 2023: Tech Mahindra, a leading provider of digital transformation, consulting, and business re-engineering services and solutions, and Microsoft, have announced a strategic collaboration to enable cloud-powered 5G core network modernization for telecom operators globally. The 5G core network transformation will help telecom operators to develop 5G core use cases and meet their customers’ growing technological (Augmented Reality (AR), Virtual Reality (VR), IoT (Internet of Things), and edge computing) requirements. It will further enable them to modernize, optimize, and secure business operations and develop green networks with reduced costs and a faster time to market.

As a part of the collaboration, Tech Mahindra will provide its talent expertise, comprehensive solutions, and managed services offerings like “Network Cloudification as a Service” and AIOps to telecom operators for their 5G Core networks. The modernization of network core systems and operations powered by AIOps will enable operators to deploy and manage their 5G Core networks and leverage the power of the cloud to deliver new and innovative services to their customers quickly and easily. AIOps will help operators combine big data and machine learning to automate network operations processes, including event correlation and anomaly detection, predicting fault and performance issues, thereby enabling self-serving network operations.

CP Gurnani, Managing Director and Chief Executive Officer, Tech Mahindra, said, “Today, it is critical to leverage next-gen technologies to build relevant and resilient services and solutions for customers across the globe. At Tech Mahindra, we are well-positioned to help telecom operators realize the full potential of their networks and provide innovative and agile services to their customers while also helping them meet their ESG commitments. Our collaboration with Microsoft will further strengthen our service portfolio by combining our deep expertise across the telecom industry with Microsoft Cloud. Further to this collaboration, Tech Mahindra and Microsoft will work together to help telecom operators simplify and transform their operations in order to build green and secure networks by leveraging the power of cloud technologies.”

Anant Maheshwari, President Microsoft India, said, “Harnessing the power of Microsoft Azure, telecom operators can provide more flexibility and scalability, save infrastructure cost, use AI to automate operations, and differentiate their customer offerings. The collaboration between Tech Mahindra and Microsoft will help our customers build green and secured networks with seamless experiences across the Microsoft cloud and the operator’s network.”

Tech Mahindra will leverage the Microsoft cloud for its Sustainability solution iSustain to measure and monitor KPIs across all three aspects of E, S & G. iSustain will help operators address the challenge of measuring and reducing carbon emissions from the networks while meeting demands of the countless energy intense digital technologies, from AR / VR to IoT. In addition, Tech Mahindra will further enhance the security posture of the operator’s network and operations powered by SenTindra, a cloud-based virtual security operations center developed on Microsoft Sentinel. SenTindra platform offers 300+ scenarios and workflows to support Telecom operators’ Cloud Visibility, Monitoring, and orchestration requirements, making the networks secure and free from downtime.

The partnership is in line with Tech Mahindra’s NXT.NOWTM framework, which aims to enhance the ‘Human Centric Experience’, Tech Mahindra focuses on investing in emerging technologies and solutions that enable digital transformation and meet the evolving needs of the customer.