Companies news of 2018-01-16 (page 1)

 
GomSpace Signs Contract for Low-inclination Launch on Virgin Orbit's LauncherOne

STOCKHOLM, Jan. 16, 2018 /PRNewswire/ --

GomSpace has purchased a launch for several nanosatellites onboard a LauncherOne rocket from the California based company Virgin Orbit. The flight, which is bound for a low-inclination orbit, is scheduled to occur in early 2019.

GomSpace will use the launch to further build out a constellation of small satellites that will use Automatic Dependent Surveillance-Broadcast (ADS-B) and Automatic Identification System (AIS)  signal monitoring to track civilian aircraft and ocean-going vessels. This satellite constellation will provide continuous monitoring between 37 degrees North and 37 degrees South, helping provide global situational awareness for air-traffic controllers and shipping companies, and aiding in the identification and location of wayward or missing planes and ships.

The satellites slated for flight on LauncherOne are based closely on the flight-proven hardware used in the successful GOMX-1 and GOMX-3 missions, and will be designed, manufactured, and commissioned by GomSpace. The constellation will be operated by GomSpace's Mauritius-based customer, Aerial & Maritime Ltd., once in orbit. 

"GomSpace is always happy to take another step forward as a global leader in the nanosatellite community. Virgin Orbit and LauncherOne are a key part of building out our ADS-B and AIS monitoring constellation, which is going to fill a need that is both socially and commercially important," said GomSpace CEO Niels Buus. "Seeing the great work happening here at Virgin Orbit's rocket factory today, we are more excited than ever for our flight on LauncherOne."

Virgin Orbit CEO Dan Hart added: "GomSpace has already proven that they have an excellent technological solution that works in space. Now, they need to build out the full constellation, and I'm thrilled that our team at Virgin Orbit is playing a key role in that. The ADS-B and AIS tracking that this constellation will provide helps make us here on Earth safer and more efficient, and we think that is an incredibly important mission."

Virgin Orbit is currently in the process of qualification and test flight for the LauncherOne service, which includes both a two-stage expendable rocket and a fully-reusable air-launch platform. The company has a fully-assembled pathfinder rocket on the test stand in Mojave, CA, and several more in manufacturing and assembly in Long Beach, CA. The system's 747-400 flying launch pad has begun its flight test campaign. LauncherOne is designed to provide highly responsive, reliable, and affordable flights to Low Earth Orbit to small satellites. The initial flight of the LauncherOne system is targeted for the first half of 2018. 

MEDIA INQUIRES: 

Virgin Orbit: William Pomerantz, william.pomerantz@virginorbit.com 

GomSpace: Niels Buus, nbu @ gomspace.com

ABOUT VIRGIN ORBIT 

Virgin Orbit provides dedicated, responsive, and affordable launch services for small satellites. Virgin Orbit is developing LauncherOne, a flexible launch service for commercial and government-built satellites. LauncherOne rockets are designed and manufactured in Long Beach, California, and will be air-launched from a dedicated 747-400 carrier aircraft capable of operating from many locations in order to best serve each customer's needs. Virgin Orbit's systems are currently in an advanced stage of testing, with initial orbital launches expected soon. To learn more or to apply to join Virgin Orbit's talented and growing team, visit virginorbit.com. 

ABOUT GOMSPACE 

GomSpace is a globally leading designer, integrator, and manufacturer of high-end nanosatellites for customers in the academic, government, and commercial markets. Our positions of strength include systems integration, nanosatellite subsystems, and advanced miniaturized radio technology. Our international team is devoted to understanding our customers' requirements and delivering flawlessly. We are listed in the Nasdaq First North Premier exchange in Stockholm (GOMX), headquartered in Denmark and have subsidiaries in Sweden, North America, and Singapore. We are currently more than 150 employees and we service customers in more than 50 countries. For more information, please visit our website at gomspace.com.  

ABOUT AERIAL & MARITIME LTD. 

Aerial & Maritime, Ltd. ("A&M") is a global data provider and the company's satellites will be capable of monitoring civilian aircraft and vessels based on reception of ADS-B and AIS-signals, respectively. A&M is an affiliated company of GomSpace Group AB. 

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Envestnet | Yodlee platform enables financial services providers to build solutions that comply with the Second Payment Services Directive and Open Banking in the UK

Supporting PSD2, Envestnet | Yodlee will provide ease of integration with a single API and improve financial data security for UK financial institutions, fintechs and consumers

REDWOOD CITY, California, Jan. 16, 2018 /PRNewswire/ -- Envestnet | Yodlee (NYSE: ENV), a leading data aggregation and data analytics platform powering dynamic, cloud-based innovation for digital financial services, today announced it is first in market with a single API solution aligned with the Second Payment Services Directive (PSD2) and Open Banking Application Protocol Interface (API) specifications in the UK for account information services. Through this effort, Envestnet | Yodlee aims to improve financial innovation, consumer data protection and data acquisition security for third party financial service providers.

To ensure compliance, Envestnet | Yodlee has been working closely with PSD2 stakeholders and the Open Banking Implementation Entity. The company has built a robust consent architecture in accordance with the Open Banking specifications, providing developers with the ease of integrating with a single API which encapsulates the consent for account access requirements to comply with PSD2. During this transition period, Envestnet | Yodlee will continue to process all data through its global platform and provide a single API to access data from UK banks, with cleansed and enriched transaction data that is automatically refreshed daily to ensure accuracy.

Additionally, Open Banking, Ltd., created by the Competition and Markets Authority (CMA), has adopted Open Authorization (OAuth 2.0), the first set of technical security standards for the Open Banking era. Developers who use the Envestnet | Yodlee Financial Data Platform API will not need to worry about dealing with multiple APIs and data formats or handling user credentials. Envestnet | Yodlee will slowly migrate the existing accounts that are credential-based to token-based access (OAuth 2.0).

"We are proud to be a leading data aggregator to support the Open Banking movement, a truly revolutionary development that represents the wave of the future for global financial services markets across the world," said Mark Herlihy, VP International Markets at Envestnet | Yodlee. "We have always been an advocate for innovative financial services that adhere to the highest standards of data security. Now we are able to further this mission by enabling developers to easily integrate bank data at scale in compliance with the Open Banking API protocol."

In 2016, the CMA in the UK implemented the Open Banking reform, enabling consumers and small businesses to share their data with other banks and third parties. January 13, 2018 marks the launch of UK's Open Banking along with PSD2, the revised payment services directive that requires European banks to provide third party companies with access to their customers' financial accounts through open APIs. This represents the beginning of a new era for the financial services industry, as both innovation and competition will become greater among traditional banks and alternative financial services.

About Envestnet

Envestnet, Inc. (NYSE: ENV) is the leading provider of intelligent systems for wealth management and financial wellness. Envestnet's unified technology enhances advisor productivity and strengthens the wealth management process. Envestnet empowers enterprises and advisors to more fully understand their clients and deliver better outcomes.

Envestnet enables financial advisors to better manage client outcomes and strengthen their practices. Institutional-quality research and advanced portfolio solutions are provided through Envestnet | PMC, our Portfolio Management Consultants group. Envestnet | Yodlee is a leading data aggregation and data analytics platform powering dynamic, cloud-based innovation for digital financial services. Envestnet | Tamarac provides leading rebalancing, reporting, and practice management software for advisors.

Envestnet | Retirement Solutions provides an integrated platform that combines leading practice management technology, research, data aggregation and fiduciary managed account solutions.

More than 59,000 advisors and 2,900 companies including: 16 of the 20 largest U.S. banks, 39 of the 50 largest wealth management and brokerage firms, over 500 of the largest Registered Investment Advisers, and hundreds of Internet services companies, leverage Envestnet technology and services. Envestnet solutions enhance knowledge of the client, accelerate client on-boarding, improve client digital experiences, and help drive better outcomes for enterprises, advisors, and their clients.

For more information on Envestnet, please visit www.envestnet.com and follow @ENVintel.

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Ericsson: Consumers' 5G Wish List Outlines Action Plan for Operators

WASHINGTON, Jan. 16, 2018 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) today presented Towards a 5G consumer future ? its Consumer and Industry Insight report that discusses the six calls to action from consumers that operators need to act upon to provide a foundation for adoption of 5G technology.

The report, the biggest 5G consumer expectation study to date, represents the views of 800 million smartphone users worldwide.

Jasmeet Sethi, Senior Advisor, Ericsson Consumer & Industry Lab, says: "Our latest study does not look at a consumer view on 5G in isolation, but rather uncovers unmet consumer needs that must be fulfilled by operators on the way to 5G. From offering an effortless buying experience to focusing on real network performance, consumers are demanding changes they would like to see already made today."

Here are the six consumer calls to action:

Provide us with effortless buying experience

Consumers perceive the telecom market to be too complex. With six in 10 smartphone users grappling with the complexity of mobile data plans, there is considerable misalignment between what users buy and what they use. With only three in 10 smartphone users satisfied with the way their operator presents plans online, the digital telecom experience is neither simple nor effortless.

Offer us a sense of the unlimited

Consumers aren't counting on unlimited data plans, but they are looking for a sense of the unlimited. Peace of mind rather than actual use is the main motivator behind buying unlimited data plans and operators are urged to explore alternative ways to offer this feeling of freedom.

Treat gigabytes as currency

The average smartphone user has 31 gigabytes of unused mobile data left over per year, enough to make 65 hours of video calls, spend 517 hours streaming music, or binge-watch six seasons of a TV show like Game of Thrones, equating to as much as 1.5 terabytes over their lifetime. Two in five consumers would like to use this excess as currency and expect to be able to save, trade or gift unused data.

Offer us more than just data buckets

Faster broadband speeds and fair wireless contracts are considered more important than the data buckets that currently dominate the market. As bundled video content and innovative data plans play an increasingly important role in the choice of operator and service bundle, consumers want operators to innovate, evolve and personalize data plans.

Give us more with 5G

Contrary to the belief that consumers are uninterested in 5G, globally the idea of 5G services appeals to 76 percent of smartphone users; 44 percent are in fact willing to pay for 5G. Consumers expect most 5G services to go mainstream within 3 to 4 years of the launch and over 50 percent expect to be using 5G-enriched services within two years of the launch.

Over a third expect 5G to offer capabilities beyond speed, network coverage and lower prices: improvements such as better battery life and the ability to connect not only devices but also the Internet of Things. Consumers also predict an end to paying for gigabytes consumed and instead expect to pay a single fee for each 5G service or connected device.

Keep networks real for us

Moving towards a 5G future, consumers are calling on operators to avoid baseless marketing slogans and instead focus on real network experience, increasing the honesty of their marketing. The report shows that only four percent trust operators' own advertising and network performance statistics.

The insights in the report are based on Ericsson ConsumerLab's global research activities of more than 20 years, and draw on data from a survey of 14,000 iPhone and Android smartphone users aged between 15 and 65. The views expressed in the survey are representative of 800 million consumers across Argentina, Brazil, China, Egypt, Finland, France, Germany, Indonesia, Ireland, Japan, Mexico, South Korea, the UK and the US.

For more detailed information, please download the full report here.  

NOTES TO EDITORS

For media kits, backgrounders, and high-resolution photos, please visit www.ericsson.com/press

FOLLOW US:

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MORE INFORMATION AT:

News Center

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(+46-10-719-69-92)

investor.relations@ericsson.com

(+46-10-719-00-00)

Ericsson is a world leader in communications technology and services with headquarters in Stockholm, Sweden. Our organization consists of more than 111,000 experts who provide customers in 180 countries with innovative solutions and services. Together we are building a more connected future where anyone and any industry is empowered to reach their full potential. Net sales in 2016 were SEK 222.6 billion (USD 24.5 billion). The Ericsson stock is listed on Nasdaq Stockholm and on NASDAQ in New York. Read more on www.ericsson.com.

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Vantiv and Worldpay Complete Combination to Form Worldpay, Inc.

Transaction Creates a Leading Global Payments Provider in Integrated Omni-Commerce, Differentiated by Leading Capabilities and Expertise in High-Growth Verticals

- Creates Leading Global eCommerce Payments Platform

- Takes Vantiv's Leadership and Expertise in Integrated Payments into New Markets

- Leverages Combined Technology Capabilities to Deliver Customer-Centric Innovation at Scale

CINCINNATI and LONDON, Jan. 16, 2018 /PRNewswire/ -- Vantiv, Inc., a leading provider of payment processing services and related technology solutions for merchants and financial institutions in the U.S., announced today that it has completed its acquisition of Worldpay Group plc, a leader in technology-led payment solutions. The combined company, named Worldpay, Inc. (NYSE: WP; LSE: WPY), creates a leading payments provider uniquely equipped to power global integrated omni-commerce, processing more than 40 billion transactions annually through more than 300 payment types across 146 countries and 126 currencies. The proposed combination of the two companies was announced on August 9, 2017.

Worldpay, Inc.'s class A common stock will begin trading today on the New York Stock Exchange under the symbol "WP" and on the London Stock Exchange via a secondary standard listing under the symbol "WPY."

Executives of the new Worldpay - which today becomes the #1 Global Merchant Acquirer1 able to accept payments from geographies covering 99 percent of global GDP - will ring the Closing Bell of the New York Stock Exchange to celebrate the first day of trading as the newly combined company.

"Our combination is transformative for our colleagues, customers and the worldwide payments industry," said Charles Drucker, executive chairman and co-CEO of Worldpay, Inc. "We would not be here without the enthusiasm, dedication and hard work of all our people, who will continue to forge the future of payments. By combining the expertise of our teams, we will provide further value to our customers, helping them prosper in the fast-changing and complex digital economy."

Philip Jansen, co-CEO of Worldpay, Inc., said, "The new senior leadership team is in place and has already begun to implement our plan to integrate the two businesses, delivering new value for customers, realizing cost synergies and capturing revenue opportunities that will benefit our shareholders. This will be evidenced as Worldpay creates customer-centric innovation at scale, leveraging our combined operations, technology infrastructure and data and analytics capabilities. Charles and I look forward to delivering this value to our customers across the world."

This new global payments leader will have a pro forma enterprise value of $31 billion (£23 billion), processing over US$1.5 trillion (£1.1 trillion) in payment volume.

CONTACTS

Media
Andrew Ciafardini
Corporate Communications
513.900.5308
Andrew.Ciafardini@vantiv.com     

Adam Kiefaber
Corporate Communications
513.900.5097
Adam.Kiefaber@vantiv.com

Investors
Nathan Rozof
Investor Relations
866.254.4811 or 513.900.4811 
IR@vantiv.com   

ABOUT WORLDPAY, INC.
Worldpay, Inc. (NYSE: WP; LSE: WPY) is a leading payments provider with unique capability to power global integrated omni-commerce, any payment, anywhere. With industry-leading scale and an unmatched integrated technology platform, Worldpay offers clients a comprehensive suite of products and services globally, delivered through a single provider.

Annually, Worldpay processes over 40 billion transactions through more than 300 payment types across 146 countries and 126 currencies. The company's growth strategy includes expanding into high-growth markets, verticals and customer segments, including global eCommerce, Integrated Payments and B2B.

Worldpay, Inc. was formed in 2018 through the combination of the No. 1 merchant acquirers in the U.S. and the U.K., Vantiv, Inc. and Worldpay Group plc. Worldpay, Inc. trades on the NYSE as "WP" and the London Stock Exchange as "WPY."

Visit us at www.worldpay.com.

 

1 Based on number of transactions; analysis of data published in The Nilson Report, issues 1095 (September 2016), 1105 (March 2017) and 1110 (May 2017)

© 2018 Worldpay, Inc. All Rights Reserved. All trademarks, service marks and trade names referenced herein are the property of their respective owners. Worldpay and other Worldpay and Vantiv products and services mentioned herein as well as their respective logos are registered trademarks or trademarks of Worldpay, Inc. and Vantiv, LLC in the U.S. and other countries.

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Ericsson - Non-cash Charge From Concluded Impairment and Revaluated U.S. Tax Assets

STOCKHOLM, Jan. 16, 2017 /PRNewswire/ --

  • Impairment testing, announced in conjunction with restated numbers according to new segment structure December 8, 2017, is finalized resulting in SEK 14.2 b. write-down
  • Revaluation of U.S. deferred tax assets due to change in U.S. corporate income tax rate, resulting in a non-cash tax charge of SEK 1.0 b.
  • No impact on cash flow, but impairments will have negative impact on reported Operating Income mainly in segments Digital Services and Other, while tax asset revaluation will impact income tax expenses, in Q4 2017
  • All numbers are unaudited, final numbers will be published in the Q4 2017 report

Ericsson's (NASDAQ: ERIC) impairment testing that was announced in conjunction with the restated financials according to new segment structure on December 8, 2017, is completed. This followed the focused business strategy announced in March 2017 and further detailed at the Capital Markets Day, November 8, 2017.

The result of the impairment testing is a write-down of SEK 14.2 b. distributed as follows:

Segment Digital Services: impairment of SEK 6.7 b. of goodwill and SEK 0.4 b. of intangible assets

Segment Other: impairment of SEK 6.0 b. of goodwill, SEK 0.3 b. of intangible assets, and SEK 0.4 b. of fixed assets

Segment Managed Services: impairment of SEK 0.3 b. of deferred costs related to termination of certain transformation activities

Segment Networks: impairment of SEK 0.2 b. of capitalized development expenses related to technologies that are no longer planned to be used

The majority of goodwill originates from investments made 10 years ago or more, and has limited relevance for Ericsson's business going forward. All impairments are non-cash accounting adjustments. The adjustments have no influence on Ericsson's commitment to executing its strategies and to investing in technology to support customers' success.

U.S. tax asset revaluation

The lowering of the U.S. corporate income tax rate from 35% to 21% (effective 1 January 2018) requires a revaluation of U.S. deferred tax assets. The current estimated impact will be a non-cash charge to the Group income statement of approximately SEK 1.0 b. that will impact income tax expenses.

The impairments and the tax asset revaluation will impact reported net income in Q4 2017, but have no impact on Ericsson's cash flow and cash position in Q4 2017. Ericsson's gross and net cash position remain strong. An impairment is not an indication of the performance of the business in the quarter.

Ericsson's fourth quarter and full year 2017 earnings report is scheduled for January 31, 2018.

For further information, please contact:

Contacts investors and financial analysts:

Peter Nyquist, Head of Investor Relations
Phone: +46-10-714-64-99
E-mail: peter.nyquist@ericsson.com

Åsa Konnbjer, Director, Investor Relations
Phone: +46-10-713-39-28 
E-mail: asa.konnbjer@ericsson.com 

Stefan Jelvin, Director, Investor Relations
Phone: +46-10-714-20-39
E-mail: stefan.jelvin@ericsson.com

Rikard Tunedal, Director, Investor Relations
Phone: +46-10-714-54-00
E-mail: rikard.tunedal@ericsson.com

Contacts media enquiries:

Peter Olofsson, Head of Corporate Communications
Phone: +46-10-719-18-80
E-mail: media.relations@ericsson.com

Corporate Communications
Phone: +46-10-719-69-92
E-mail: media.relations@ericsson.com

NOTES TO EDITORS

For media kits, backgrounders and high-resolution photos, please visit www.ericsson.com/press

FOLLOW US:

www.twitter.com/ericsson
www.facebook.com/ericsson
www.linkedin.com/company/ericsson
www.youtube.com/ericsson 

MORE INFORMATION AT:

News Center
media.relations@ericsson.com (+46-10-719-69-92)
investor.relations@ericsson.com (+46-10-719-00-00)

Ericsson is a world leader in communications technology and services with headquarters in Stockholm, Sweden. Our organization consists of more than 111,000 experts who provide customers in 180 countries with innovative solutions and services. Together we are building a more connected future where anyone and any industry is empowered to reach their full potential. Net sales in 2016 were SEK 222.6 billion (USD 24.5 billion). The Ericsson stock is listed on Nasdaq Stockholm and on NASDAQ in New York. Read more on www.ericsson.com.

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Non-cash charge from concluded impairment and revaluated US tax assets

 

Infortrend Launches Cloud-ready Network Video Recorder Solutions with Free IP Camera License Promotion

NEW TAIPEI CITY, Taiwan, Jan. 16, 2018 /PRNewswire/ -- Infortrend® Technology, Inc. (TWSE: 2495) today unveiled the new built-in Network Video Recorder (NVR) application for the GSe Pro family, including the rack-mount GSe Pro 3000/1000 and the desktop GSe Pro 200. A limited-time special offer for NVR solutions is also released, offering license of 8 IP cameras for free, and a 50% discount for additional add-on licenses. The special offer is valid from January 1 to March 31, 2018. For more information, please visit Infortrend's website.

Integrating NAS, SAN, and Cloud in a unified storage system, the GSe Pro family offers cost-effective solutions with reliable features and intuitive controls to safeguard your workshop, office, or other environments, while providing smart surveillance and video management tools to protect your valuable assets. Integrating private and public cloud services such as Amazon S3, Windows Azure, Alibaba Cloud, and OpenStack, the GSe Pro family lets users leverage cloud for surveillance storage expansion, archive, backup, and video analysis. Up to 64 IP cameras from over 20 brands can be centrally managed and monitored on a single storage system with diverse functions such as Live View, Recording, Playback, and more, allowing the user to monitor anytime and anywhere via web browsers or desktop client software.

"Integration of surveillance and cloud is the trend of the future. We will keep on innovating NVR solutions and features that fulfill versatile needs for a wide range of enterprise customers, and assist them to easily build a powerful and reliable cloud-integrated surveillance system," said Thomas Kao, Senior Director of Product Planning at Infortrend.

About Infortrend

Infortrend (TWSE: 2495) has been developing and manufacturing storage solutions since 1993. With a strong emphasis on in-house design, testing, and manufacturing, Infortrend storage delivers performance and scalability with the latest standards, user friendly data services, personal after-sales support, and unrivaled value. For more Information, please visit www.infortrend.com

Infortrend® and EonStor® are trademarks or registered trademarks of Infortrend Technology, Inc., other trademarks property of their respective owners.

Media Contact:

Infortrend Europe Ltd.
Alex Young
Tel:+44-1256-305-220
E-mail: marketing.eu@infortrend.com

Maersk and IBM to Form Joint Venture Applying Blockchain to Improve Global Trade and Digitize Supply Chains

COPENHAGEN, Denmark and ARMONK, New York, Jan. 16, 2018 /PRNewswire/ -- A.P. Moller ?Maersk (MAERSKb.CO) and IBM (NYSE: IBM) today announced their intent to establish a joint venture to provide more efficient and secure methods for conducting global trade using blockchain technology.

Traditional cross-border shipping processes usually involve manually transporting and verifying paper documents for each shipment. IBM and Maersk are forming a joint venture to use blockchain technology to make global trade more efficient, transparent and secure. Credit: Maersk.

The aim of the new company will be to offer a jointly developed global trade digitization platform built on open standards and designed for use by the entire global shipping ecosystem. It will address the need to provide more transparency and simplicity in the movement of goods across borders and trading zones.

The cost and size of the world's trading ecosystems continues to grow in complexity. More than $4 trillion in goods are shipped each year, and more than 80 percent of the goods consumers use daily are carried by the ocean shipping industry. The maximum cost of the required trade documentation to process and administer many of these goods is estimated to reach one-fifth of the actual physical transportation costs. According to The World Economic Forum, by reducing barriers within the international supply chain, global trade could increase by nearly 15 percent, boosting economies and creating jobs.

The attributes of blockchain technology are ideally suited to large networks of disparate partners. A distributed ledger technology, blockchain establishes a shared, immutable record of all the transactions that take place within a network and then enables permissioned parties access to trusted data in real time. By applying the technology to digitize global trade processes, a new form of command and consent can be introduced into the flow of information, empowering multiple trading partners to collaborate and establishing a single shared view of a transaction without compromising details, privacy or confidentiality.

Maersk, a global leader in container logistics, and IBM, a leading provider of blockchain, supply chain visibility and interoperability solutions for the enterprise, will use blockchain technology to power the new platform, as well as employ other cloud-based open source technologies including artificial intelligence (AI), IoT and analytics, delivered via IBM Services, in order to help companies move and track goods digitally across international borders. Manufacturers, shipping lines, freight forwarders, port and terminal operators and customs authorities can all benefit from these new technologies ?and ultimately consumers.

"This new company marks a milestone in our strategic efforts to drive the digitization of global trade. The potential from offering a neutral, open digital platform for safe and easy ways of exchanging information is huge, and all players across the supply chain stand to benefit," said Vincent Clerc, chief commercial officer at Maersk and future chairman of the board of the new joint venture. "By joining our knowledge of trade with IBM's capabilities in blockchain and enterprise technology, we are confident this new company can make a real difference in shaping the future of global trade."

IBM's blockchain platform is enabling hundreds of clients and thousands of developers to build and scale active networks across complex use cases, including cross border payments, supply chains, and digital identification.

"The major advances IBM has made in blockchain have shown that the technology can foster new business models and play an important role in how the world works by building smarter businesses," said Bridget van Kralingen, senior vice president, IBM Global Industries, Solutions and Blockchain. "Our joint venture with Maersk means we can now speed adoption of this exciting technology with the millions of organizations who play vital roles in one of the most complex and important networks in the world, the global supply chain. We believe blockchain will now emerge in this market as the leading way companies seize new untapped economic opportunities."

IBM and Maersk began a collaboration in June 2016 to build new blockchain- and cloud-based technologies. Since then, multiple parties have piloted the platform including DuPont, Dow Chemical, Tetra Pak, Port Houston, Rotterdam Port Community System Portbase, the Customs Administration of the Netherlands, U.S. Customs and Border Protection.

The joint venture will now enable IBM and Maersk to commercialize and scale their solutions to a broader group of global corporations, many of whom have already expressed interest in the capabilities and are exploring ways to use the new platform, including: General Motors and Procter and Gamble to streamline the complex supply chains they operate; and freight forwarder and logistic company, Agility Logistics, to provide improved customer services including customs clearance brokerage.

Additional customs and government authorities, including Singapore Customs and Peruvian Customs, will explore collaborating with the platform to facilitate trade flows and enhance supply chain security. The global terminal operators APM Terminals and PSA International will use the platform to enrich port collaboration and improve terminal planning. With support from Guangdong Inspection and Quarantine Bureau by connecting to its Global Quality Traceability System for import and export goods, the platform can also link users to important trade corridors in and out of China.

To address the specific needs of the industry, Maersk and IBM are establishing an advisory board of industry experts to help further shape the platform and services, provide guidance and feedback on important industry factors, and drive open standards.

Maersk and IBM have named Michael J. White, former president of Maersk Line in North America, as CEO of the new company. He commented, "Today, a vast amount of resources are wasted due to inefficient and error-prone manual processes. The pilots confirmed our expectations that, across the industry, there is considerable demand for efficiency gains and opportunities coming from streamlining and standardizing information flows using digital solutions. Our ambition is to apply these learnings to establish a fully open platform whereby all players in the global supply chain can participate and extract significant value. We look forward to further expanding our ecosystem of partners as we progress toward a global solution."

The new company initially plans to commercialize two core capabilities aimed at digitizing the global supply chain from end-to-end:

- A shipping information pipeline will provide end-to-end supply chain visibility to enable all actors involved in managing a supply chain to securely and seamlessly exchange information about shipment events in real time. 

- Paperless Trade will digitize and automate paperwork filings by enabling end-users to securely submit, validate and approve documents across organizational boundaries, ultimately helping to reduce the time and cost for clearance and cargo movement. Blockchain-based smart contracts ensure all required approvals are in place, helping speed up approvals and reducing mistakes.

Upon regulatory clearance, solutions from the joint venture are expected to become available within six months.

The new company will be headquartered in the New York metropolitan area.

The platform is built on IBM Blockchain technology, which is provided through the IBM Cloud and powered by Hyperledger Fabric 1.0, a blockchain framework and one of the Hyperledger projects hosted by the Linux Foundation. For more information about the joint venture visit: www.ibm.com/blogs/blockchain/2018/01/digitizing-global-trade-maersk-ibm.

The establishment of the joint venture remains subject to receipt of regulatory approvals.  None of the information provided in this [advisory/email/letter/presentation] should be construed in any way as a commitment and this information is subject to change and represents goals and objectives only.

About IBM Blockchain
IBM is recognized as the leading enterprise blockchain provider. The company's research, technical and business experts have broken barriers in transaction processing speeds, developed the most advanced cryptography to secure transactions, and are contributing millions of lines of open source code to advance blockchain for businesses. IBM is the leader in open-source blockchain solutions built for the enterprise. Since 2016, IBM has worked with hundreds of clients across financial services, supply chain, government, retail, digital rights management and healthcare to implement blockchain applications, and operates a number of networks running live and in production. The cloud-based IBM Blockchain Platform delivers the end-to-end capabilities that clients need to quickly activate and successfully develop, operate, govern and secure their own business networks. IBM is an early member of Hyperledger, an open source collaborative effort created to advance cross-industry blockchain technologies. For more information about IBM Blockchain, visit https://www.ibm.com/blockchain/ or follow us on Twitter at @ibmblockchain.

About Maersk
A.P. Moller - Maersk is an integrated transport and logistics company with multiple brands and is a global leader in container shipping and ports. Including a stand-alone Energy division, the company employs roughly 88,000 employees across operations in 130 countries. For more information about Maersk, visit https://maersk.com/ or follow us on Twitter at @maersk.

Contact Information:

Hannah Slocum
IBM Communications
hslocum@us.ibm.com 
+1 212-671-9974

Mikkel Elbek Linnet, Senior Press Officer ? A.P. Moller-Maersk /  Mikkel.Elbek.Linnet@maersk.com / +45 33638515

Katherine Mosquera, Regional Communications Manager North America ? A.P. Moller ? Maersk / Katherine.mosquera@maersk.com / +1 (973) 514-5160

IBM Corporation logo. (PRNewsFoto/IBM Corporation)

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Logo - https://mma.prnewswire.com/media/629069/IBM_Logo.jpg

Cision upgrade empowers comms professionals to boost audience engagement via social media

In addition, Cision Communications Cloud helps communicators track and measure the impact of earned media campaigns on their websites with updated integrations to Google Analytics and Adobe Analytics.

LONDON, Jan. 16, 2018 /PRNewswire/ -- Today, Cision (NYSE: CISN) announced new enhancements to the Cision Communications Cloud® allowing comms professionals to make more data-driven decisions and boost engagement with their audiences across digital channels, including social.  Enhancements include expanded data analysis around social engagement and robust data integrations with Google Analytics and Adobe Analytics. With these new features, comms professionals can gain insight into audience sentiment and behaviour, empowering them to craft more relevant messaging and campaigns.

Integrate web data from Google Analytics and Adobe Analytics into Cision Communications Cloud to determine how PR coverage is driving web traffic and business results.

"Social media needs to be woven into the workflow of today's communications professionals," said Kevin Akeroyd, Cision CEO. "With these enhancements to the Cision Comms Cloud?, we're arming comms teams with the insight and social data they need to make more informed decisions about their messaging and deliver better campaigns."

The Cision Comms Cloud delivers a comprehensive, end-to-end platform for comms teams to identify influencers, craft campaigns, and attribute value for their work. With the latest release of Cision Communications Cloud, comms pros will now be able to:

  • Gain insight faster with expanded data analysis for social engagement: In this new release, comms professionals can view all social posts from a single interface, while sorting posts by a number of relevant statistics, including an author's follower count, likes, comments, and shares linked to an individual social post. Users can then analyse and chart this data to easily pinpoint which influencers and journalist conversations are most impactful to their overall brand. In addition, communicators can also identify specific coverage that sparked trending and viral posts, helping to inform their content and social strategy moving forward. These features appear alongside other core workflow features in the Cision Comms Cloud, such as monitoring media coverage, distributing press releases and emailing influencers directly.

    Cision Communications Cloud, created with the comms professional in mind,  empowers teams to not only identify the number of likes or shares linked to a social post, but delivers insight into who they are, their influence, and further engagement they have generated. It is this type of data that is most valuable when it comes to evaluating whether news coverage is reaching the right audience, engaging readers, and ultimately has an impact on bottom-line results.

  • Take advantage of robust data integration with Google Analytics and Adobe Analytics: Cision has made the use of website analytics a straight-forward and time-efficient process, by building a system that correlates all Google Analytics and Adobe Analytics website traffic data with more than 400,000 news outlets via Cision Monitoring. The segmentation of websites provides a quick, but robust view of how PR coverage is driving visitors to company websites and business into the sales funnel.  With Cision's latest enhancements, comms professionals will now be able to use new metrics from Google Analytics and Adobe Analytics that span from data around page views and bounces to orders and revenue, empowering communicators to gain further insight into the impact of their earned media efforts.

Current Cision Communications Cloud clients can contact their account representatives for more information about these new features. To learn more about the Cision Communications Cloud click here.

About Cision
Cision Ltd. (NYSE: CISN) is a leading global provider of earned media software and services to public relations and marketing communications professionals. Cision's software allows users to identify key influencers, craft and distribute strategic content, and measure meaningful impact. Cision has more than 3,000 employees with offices in 15 countries throughout the Americas, EMEA, and APAC. For more information about its award-winning products and services, including the Cision Communications Cloud®, visit www.cision.com and follow Cision on Twitter @Cision.

Contact: 
Nick Bell 
VP, Marketing Communications 
cisionpr@cision.com 

Leverage new enhancements to identify key social influencers, their impact on target audiences, and attribute value to social campaigns.

 

Cision logo.

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Hospital for Special Surgery Invests in Sectra Orthopaedic 3D Planning Software for Improved Surgical Outcomes

LINKÖPING, Sweden and SHELTON, Connecticut, Jan. 16, 2018  /PRNewswire/ -- 

International medical imaging IT and cybersecurity company Sectra (STO: SECT B) announces that Hospital for Special Surgery (HSS), one of the most renowned orthopaedic hospitals in the US, has ordered Sectra's 3D pre-operative planning solution. The software will provide HSS orthopaedic surgeons with advanced tools to enhance visualization of complex cases with the goal of improving patient outcomes.

"Sectra's innovative 3D solutions will enable us to make full use of the acquired images, resulting in cutting edge delivery of care to our orthopaedic patients," says William M. Ricci, MD, Chief of Orthopaedic Trauma Service at HSS. "This 3D platform will improve the quality of pre-operative planning with potential for improved surgical outcomes."

The 3D pre-operative planning solution includes tools that allow the surgeon to render standard CT images into a three-dimensional interactive image that can be segmented, manipulated, mirrored, templated and 3D printed. The software will integrate with the existing Sectra radiology PACS at HSS to enable surgeons immediate access from anywhere in the hospital.

"This agreement adds software tools for advanced 3D virtual fracture reduction and trauma planning as well as efficient tools for 3D spine planning into the hands of all surgeons at HSS," says Gustaf Schwang, General Manager Business Unit Orthopaedics at Sectra. "It also includes collaborative development of software, intended to deepen both companies' leadership position in our respective markets."

Video: Sectra's 3D Trauma Pelvic

Sectra at AAOS
Visit Sectra at booth #3967 where the orthopaedic solution will be showcased.
Read more and secure your meeting with Sectra at AAOS.

About Sectra Enterprise Imaging
With more than 25 years of innovation and 1,700 installations, Sectra is a leading global provider of imaging IT solutions that support healthcare in achieving patient-centric care.

The orthopaedic solution is part of Sectra's complete enterprise imaging offering which is comprised of PACS for imaging-intense departments?radiology, orthopaedics, pathology and cardiology, VNA and Cross Enterprise Workflow solutions. Using the same technical platform, customers can easily extend a departmental solution to create a comprehensive VNA and enterprise image management solution without major investments or the replacement of existing components.

Read more about Sectra and why Sectra PACS is "Best in KLAS" at http://www.sectra.com/medical/.

For further information, please contact:
Dr. Torbjörn Kronander
CEO and President Sectra AB
+46 (0) 705-23-52-27

Gustaf Schwang
General Manager of Business Unit Orthopeadics at Sectra
+46 (0) 734-16-08-10  

This information was brought to you by Cision http://news.cision.com
http://news.cision.com/sectra/r/hospital-for-special-surgery-invests-in-sectra-orthopaedic-3d-planning-software-for-improved-surgica,c2430898

The following files are available for download:

 


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