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Xperi Develops World-first In-cabin Monitoring Technologies on Neuromorphic Vision Systems

New sensing technologies complement standard vision system capabilities, enhancing occupant safety, enabling increased personalization, advancing today’s in-cabin experience to tomorrow’s third space experience

CALABASAS, Calif.–(BUSINESS WIRE)–DTS^®, a global leader in next-generation audio, imaging and sensing technology, and a wholly owned subsidiary of Xperi Holding Corporation (NASDAQ: XPER) (“Xperi”), today announced a world-first neuromorphic driver monitoring solution (DMS), powered by Prophesee Metavision^® – Event-Based Vision sensor.

Using the raw feed from the Metavision^® – Event-Based Vision sensor, the DTS AutoSense* team developed driver-centric monitoring features such as gaze tracking, head pose, identification, and eyelid opening.

With more than 20 years of world-leading experience in neural solutions and computer vision, and with billions of products powered by their solutions, the Xperi team maps and adapts in-cabin monitoring (ICM) technologies to existing and future sensor centric trends.

“Intelligent sensing is required by the next-generation in-cabin experience. The critical path to this is a sensor fusion-focused advanced research strategy,” said Petronel Bigioi, chief technology officer, Xperi. “DTS AutoSense’s advanced research team is centered on state-of-the-art sensing solutions and neuromorphic sensing is one of the technologies that can shape the future of the industry.”

The neuromorphic sensors capture information at an equivalent frame rate of 10,000 frames per second without requiring active illumination. This enables better low light performance for driver monitoring features as well as never-before-seen capabilities such as saccadic eye movement or micro-expressions, crucial next steps in the next-generation in-cabin experiences.

Xperi relies on an end-to-end data generation and training system built to address the particular needs of the sensor. The training data set was generated based on Xperi’s extensive computer vision infrastructure, reusing ground-truth from the visible and near infrared spectrums, synthesizing a completely novel approach in neuromorphic based sensing.

“Being able to instantaneously detect the subtlest, almost imperceptible, face and eye motions can be lifesaving,” said Petronel Bigioi. “The low light powerful vision processing capabilities, fast response times and low power operation that this pioneering neuromorphic-based technology application enables makes it ideal for the safety-critical applications of driver monitoring systems, while also broadening the ability to further enhance and personalize the vehicle cabin.”

In addition to excellent low light performance and robustness to various illumination conditions, neuromorphic sensing directly addresses the privacy aspect specific to traditional imaging-based sensing (always-on cameras).

“DTS AutoSense’s innovative AI-enabled approach underscores the ability of Prophesee’s sensor solution to provide OEMs with an effective safety enhancement for vehicles of all types,” said Marc Rousseau, VP Products and Business Development at Prophesee. “We are delighted to collaborate on this first-of-its-kind technology with Xperi and its forward-thinking, high caliber team.”

*DTS AutoSense comprises a Driver Monitoring Solution (DMS) and an Occupancy Monitoring Solution (OMS), the first to be designed into passenger vehicles projected to be on the road in 2021. Working together they provide actionable insights into activity inside the vehicle, including the driver, passengers, pets and objects, to create a better, safer experience.

About Xperi Holding Corporation

Xperi invents, develops, and delivers technologies that enable extraordinary experiences. Xperi technologies, delivered via its brands (DTS, HD Radio, IMAX Enhanced, Invensas, TiVo), and by its startup, Perceive, make entertainment more entertaining, and smart devices smarter. Xperi technologies are integrated into billions of consumer devices, media platforms, and semiconductors worldwide, driving increased value for partners, customers and consumers.

Xperi, DTS, IMAX Enhanced, Invensas, HD Radio, Perceive, TiVo, DTS AutoSense, and their respective logos are trademarks or registered trademarks of affiliated companies of Xperi Holding Corporation in the United States and other countries. All other company, brand and product names may be trademarks or registered trademarks of their respective companies.

About Prophesee

Prophesee is the inventor of the world’s most advanced neuromorphic vision systems.

Prophesee’s patented sensors and AI algorithms, introduce a new computer vision paradigm based on how the human eye and brain work. Like the human vision, it sees events: essential, motion information in the scene, not a succession of conventional images. This event-based method allows for unprecedented speed (>10 000fps equivalent), dynamic range (>120dB), data volume (10x to 1000x less) and power efficiency (<10 mW). Prophesee bio-inspired revolution opens a new path to absolute efficiency and safety in autonomous driving, IoT, mobile and Industry 4.0. www.prophesee.ai

SOURCE: Xperi Holding Corporation

XPER-P

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Xperi Media Contact:

Melanie Webber, mWEBB Communications

+ 1 949-307-1723

[email protected]

Xperi Investor Contact:

Geri Weinfeld, Vice President of Investor Relations

+1 818-436-1231

[email protected]

Prophesee Media Contact:

Mike Sottak

[email protected]

+1 650 248 9597

KEYWORDS: United States North America California

INDUSTRY KEYWORDS: Automotive General Automotive Technology Other Technology Audio/Video Software Hardware

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Posted on April 21, 2021 8:03 am

POSaBIT Appoints Don Tringali as Board Director

POSaBIT Appoints Don Tringali as Board Director

SEATTLE–(BUSINESS WIRE)–
POSaBIT is pleased to welcome Don Tringali to its board, where he will serve as Board Director. Mr. Tringali brings a wealth of experience and insight to the POSaBIT team.

Don Tringali is the founder and Chief Executive Officer of Augusta Advisory Group, a U.S.-based boutique financial and business consulting firm providing a full range of executive, operations and corporate advisory services to leading public and private companies in a wide array of industries. He brings over 30 years of experience as a business lawyer, C-level executive, independent corporate director and board advisor to his new role. Mr. Tringali holds a BA in Economics from UCLA and a JD (Juris Doctor) degree from Harvard Law School.

Along with Don’s addition to the board, Jeff Dossett will continue working with POSaBIT but will move from a POSaBIT Board Director to a non-voting Board Advisor.

ABOUT POSABIT

POSaBIT (CSE: PBIT) is a financial technology company that delivers unique and innovative, blockchain-enabled payment processing and point-of-sale systems for cash-only businesses. POSaBIT specializes in resolving pain points for complex, high-risk, emerging industries like cannabis with an all-in-one solution that is compliant, user-friendly and utilizes top-of-the-line hardware. POSaBIT’s unique solution provides a safer and transparent environment for merchants while creating a better overall experience for the consumer. For additional information, visit: www.posabit.com.

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Investor Relations:

[email protected]

Media Relations:

Oscar Dahl

855-767-2248

[email protected]

Management:

Ryan Hamlin

Co-founder and CEO of POSaBIT

855-767-2248

[email protected]

KEYWORDS: United States North America Washington

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Posted on April 21, 2021 8:03 am

Chevron, Toyota Pursue Strategic Alliance on Hydrogen

Chevron, Toyota Pursue Strategic Alliance on Hydrogen

SAN RAMON, Calif. & PLANO, Texas–(BUSINESS WIRE)–
Chevron U.S.A. Inc., through its Chevron Products Company division (Chevron), and Toyota Motor North America, Inc. (Toyota) announced a memorandum of understanding to explore a strategic alliance to catalyze and lead the development of commercially viable, large-scale businesses in hydrogen, with the goal to advance a functional, thriving global hydrogen economy.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210421005208/en/

Chevron and Toyota are seeking to work on three main strategic priorities: collaborating on hydrogen-related public policy measures that support the development of hydrogen infrastructure; understanding current and future market demand for light-duty and heavy-duty fuel cell electric vehicles and supply opportunities for that demand; and exploring opportunities to jointly pursue research and development in hydrogen powered transportation and storage.

“We are excited to collaborate with Toyota. Working towards a strategic alliance on hydrogen presents an opportunity to build a large-scale business in a low-carbon area that is complementary to our current offerings,” said Andy Walz, president of Chevron’s Americas Fuels & Lubricants. “This opportunity leverages our market position, assets, technology, and organizational capability and supports our efforts to help advance a lower-carbon future.”

“This is another important step toward building a hydrogen economy,” said Bob Carter, executive vice president, Toyota Motor North America. “Combining Toyota’s decades of experience in developing hydrogen powered fuel cell electric technology with Chevron’s deep resources in the energy sector has the potential to create new transportation choices for both consumers and businesses that move us toward our goal of carbon neutrality.”

About Chevron

Chevron U.S.A. Inc. is a subsidiary of Chevron Corporation, one of the world’s leading integrated energy companies. Through its subsidiaries that conduct business worldwide, Chevron Corporation is involved in virtually every facet of the energy industry. Chevron explores for, produces and transports crude oil and natural gas; refines, markets and distributes transportation fuels and lubricants; manufactures and sells petrochemicals and additives; generates power; and develops and deploys technologies that enhance business value in every aspect of the company’s operations. Chevron is based in San Ramon, CA. More information about Chevron is available at www.chevron.com.

About Toyota

Toyota (NYSE:TM) has been a part of the cultural fabric in North America for more than 60 years, and is committed to advancing sustainable, next-generation mobility through our Toyota and Lexus brands plus our 1,800 dealerships. Toyota has created a tremendous value chain and directly employs more than 47,000 in North America. The company has contributed world-class design, engineering, and assembly of more than 40 million cars and trucks at our 14 manufacturing plants, 15 including our joint venture in Alabama that begins production in 2021.

Through its Start Your Impossible campaign, Toyota highlights the way it partners with community, civic, academic and governmental organizations to address our society’s most pressing mobility challenges. We believe that when people are free to move, anything is possible. For more information about Toyota, visit www.toyotanewsroom.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210421005208/en/

Tyler Kruzich, Chevron External Affairs

[email protected]

t. (925) 549-8686

Tania Saldana, Toyota Mobility Communications

[email protected]

t. (469) 292-2418

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INDUSTRY KEYWORDS: Alternative Energy Energy Automotive Alternative Vehicles/Fuels

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JTC Group Reports 15% Revenue Increase in 2020 Earnings

Strong earnings represent continued growth amid the pandemic, including the acquisition of Silicon Valley-based NES Financial

SAN JOSE, Calif.–(BUSINESS WIRE)–JTC Group, an award-winning provider of fund, corporate and private client services to institutional and private clients, announced its 2020 full year results. The London Stock Exchange listed public company reported a 15.9% increase in total revenue to £115.1 million and a 9.4% rise in underlying EBITDA to £38.7 million, with an underlying EBITDA margin of 33.6%.

The rise in revenue was achieved from a combination of net organic growth and growth from acquisitions, of 7.9% and 8.0% respectively. One such acquisition was NES Financial, which is now known as NES Financial | JTC, and a leader in specialty financial administration based in Silicon Valley.

“NES Financial | JTC is the embodiment of JTC’s expanding global reach, experienced management, and cutting-edge in-house technology capabilities,” said Michael Halloran, Group Holdings board member, head of Technology & Strategy, and CEO of NES Financial | JTC. “As NES Financial | JTC continues to build upon its impressive footing in the high-growth US funds services market and ESG-related services, we expect to contribute to JTC Group’s strong results for years to come.”

The results were in line with JTC’s medium term market guidance of 8% – 10% net organic revenue growth and a 33% – 38% underlying EBITDA margin, which management considers represent appropriate indicators of sustainable high performance in the company’s sector. What’s more, the performance was strong across both divisions of the Group: Institutional Client Services reported revenue up 17.8% and Private Client Services reported revenue up 13.7%.

JTC’s new business wins increased by 20.1% and its new business pipeline was up by 49.7%, supporting a positive outlook for 2021. The total dividend per share for 2020 is 6.75 pence, an increase of 27.4% compared with the previous year.

In the United States, NES Financial | JTC continued to build upon its leadership in fund administration, impact reporting, and ESG services for private equity funds and award-winning purpose-built technology for the fund community. The global strength and footprint of JTC further provides US clientele with a broad suite of enhanced capabilities and services to institutional, corporate, and private clients.

“We are particularly pleased with our results for 2020 as they have been achieved despite the challenges of the global pandemic,” said Nigel Le Quesne, CEO of JTC. “NES Financial | JTC, our platform for growth in the US fund services market, has progressed at pace and played a significant role in our global expansion efforts. Based on our 33-year track record, our scale, our diversification, our infrastructure and our people, we believe that JTC is well equipped to continue to succeed and grow both now and in the future.”

For more information about NES Financial | JTC, please visit nesfinancial.com.

About JTC Group

JTC Group is a publicly listed, global professional services business with deep expertise in fund, corporate and private client services. Every JTC person is an owner of the business and this fundamental part of our culture aligns us with the best interests of all our stakeholders. Our purpose is to maximize potential and our success is built on service excellence, long-term relationships and technology capabilities that drive efficiency and add value.

JTC PLC fund services administer a wide variety of listed and unlisted funds across a diverse range of asset classes, including real estate, private equity, renewables, hedge, debt and other alternatives. The firm’s corporate services provide company secretarial and administration services to a broad range of clients, including SMEs, public companies, multinationals and sovereign wealth funds. JTC PLC’s private wealth services include the formation and administration of vehicles such as trusts, companies and partnerships on behalf of predominantly HNWIs and UHNWIs and their families and dedicated private and family offices.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210421005188/en/

Laura Kelly

(408) 367-0826

[email protected]

nesfinancial.com

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INDUSTRY KEYWORDS: Consulting Banking Professional Services Finance

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Baxter Receives Grant From German Federal Ministry of Education and Research to Lead Extracorporeal Blood Purification Research

• Focused on enabling more selective approaches for certain extracorporeal blood purification (EBP) therapies
• Led by Baxter’s renowned research and development team in Hechingen, Germany

DEERFIELD, Ill.–(BUSINESS WIRE)–
Baxter International Inc. (NYSE:BAX), a global leader in acute care, today announced it received a new research and development (R&D) grant from the German Federal Ministry of Education and Research (BMBF). With the grant, Baxter will lead an initiative aiming to create a new technology platform enhancing the ability to target selective removal of pathogenic substances during certain extracorporeal (outside the body) blood purification (EBP) therapies. The grant provides €1.5 million in funding over three years to Baxter and its research partners through the BMBF’s “Biomaterials Platform: Mat2MedTech” program.

EBP therapies are used in patients with a variety of acute and chronic diseases, including acute kidney injury (AKI), autoimmune diseases, sepsis and liver failure. During certain EBP therapies, the patient’s blood travels through an extracorporeal device, where pathogenic substances are cleared by attaching to an adsorbent biomaterial before the blood is returned to the patient’s body. The hemocompatibility of the biomaterial’s surface is critical to enabling its biological function without harming blood cells or causing coagulation. There is currently a focus on developing and enhancing biomaterials that mimic human tissue properties to selectively target pathogenic substances for removal, while preserving essential blood components such as albumin, immunoglobulins, clotting factors and blood cells.

Baxter and its research partners, including Rapp Polymere GmbH in Tuebingen, Germany, will help advance these efforts by identifying and analyzing potential modifications of biomaterials and hemocompatible coatings. This will potentially support creation of a technology platform enabling more targeted removal of selective molecules, proteins and cellular elements during certain EBP therapies, while preventing sequestration of coagulative factors, platelet depletion and hemolysis. Rapp Polymere GmbH will lend its expertise in biomaterials and coating to the initiative.

“As a leader in multi-organ support therapies, we are relentless in our efforts to continuously advance research that helps meet the needs of critically ill patients around the world,” said Kadri Jabri, vice president, R&D, Acute Therapies at Baxter. “We are proud that our research and development team in Hechingen will play such a major role in this collaborative effort to introduce new technology for EBP therapies.”

Baxter has received two previous research grants from the BMBF. These include a 2019 grant through BMBF’s “From Material to Innovation” program to lead a consortium investigating an anticoagulation-free hemodialysis option for end-stage renal disease (ESRD) patients and a 2012 grant through BMBF’s “BioMatVital: BioDisposables” project to investigate a new generation of dialysis membranes to improve the treatment of chronic inflammation in ESRD patients.

About Baxter

Every day, millions of patients and caregivers rely on Baxter’s leading portfolio of critical care, nutrition, renal, hospital and surgical products. For more than 85 years, we’ve been operating at the critical intersection where innovations that save and sustain lives meet the healthcare providers that make it happen. With products, technologies and therapies available in more than 100 countries, Baxter’s employees worldwide are now building upon the company’s rich heritage of medical breakthroughs to advance the next generation of transformative healthcare innovations. To learn more, visit www.baxter.com and follow us on Twitter, LinkedIn and Facebook.

This release includes forward-looking statements based on assumptions about many important factors, including the following, which could cause actual results to differ materially from those in the forward-looking statements: satisfaction of regulatory and other requirements; actions of regulatory bodies and other governmental authorities; product quality, manufacturing or supply, or patient safety issues; changes in law and regulations; and other risks identified in Baxter’s most recent filing on Form 10-K and other SEC filings, all of which are available on Baxter’s website. Baxter does not undertake to update its forward-looking statements.

Baxter is a registered trademark of Baxter International Inc.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210421005153/en/

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Phreesia and Ad Council Partnership Yields High Engagement in Alzheimer’s Awareness Campaign

RALEIGH, N.C. & NEW YORK–(BUSINESS WIRE)–
Phreesia, the nation’s leader in patient intake, and the Ad Council, a nonprofit organization that produces, distributes and drives impact through public service communications, have partnered to bring the Ad Council’s ongoing awareness campaign with the Alzheimer’s Association directly to patients and caregivers. Initial results from the campaign extension show that over half the people who engaged with the campaign as they checked in for a healthcare visit on Phreesia’s digital platform were likely to talk to a doctor about Alzheimer’s disease.

In the 10 weeks after launching the campaign, nearly ninety thousand patients and caregivers aged 40 to 70 in the United States saw one of the campaign’s Alzheimer’s awareness PSAs and more than 1,500 people from that group completed an optional survey about the impact of the campaign and knowledge of the disease. Survey results showed that people exposed to the PSA were more than 25% more likely to identify the symptoms of Alzheimer’s in their loved ones than those in the control group of more than 11,000 people who took the survey without seeing the PSA. Patients were also activated to seek out more information: 52% of patients who engaged with the PSA said they were likely or very likely to talk to their doctor about Alzheimer’s disease for themselves or a loved one, and 40% intended to visit the Alzheimer’s Association website for more information about the disease.

“More than six million Americans are living with this difficult disease, and early diagnosis supports better outcomes,” said David Linetsky, Phreesia’s Senior Vice President of Life Sciences. “We’re very pleased to partner with the Ad Council and the Alzheimer’s Association to help deliver important public health information to patients nationwide. These partnerships reinforce Phreesia’s commitment to bringing targeted educational content to the right patients, and promoting important conversations at the point of care.”

While more than two in three patients surveyed were aware that forgetting new information and becoming confused are symptoms associated with Alzheimer’s disease, patients were less familiar with other symptoms, such as challenges in completing tasks and naming objects or changes in judgement.

“We’re very excited to see the success of this campaign with Phreesia, which indicates that the content shared within healthcare settings drove symptom recognition among those who received the information,” said Heidi Arthur, Chief Campaign Development Officer at the Ad Council. “These results underline the importance of delivering public health campaigns like this one in a highly targeted way, reaching the right audience with the right content at the right time.”

“The results indicate that our campaign is working. It is raising awareness about the warning signs of Alzheimer’s disease and encouraging important conversations with healthcare providers,” said Michael Carson, Chief Marketing Officer at the Alzheimer’s Association. “We’re happy to partner with the Ad Council and Phreesia on these creative approaches to drive awareness of our campaign so people can get the help they need.”

The PSA, designed by Phreesia’s in-house creative team, directs patients through a series of educational screens that highlight key differences between typical signs of aging and early symptoms of Alzheimer’s. Those who are interested can receive additional resources via email including conversation starters for those wanting to address worries with family members, and a 10-step action plan for concerned caregivers. The campaign will run continue to run through the end of the year.

About Phreesia

Phreesia gives healthcare organizations a suite of robust applications to manage the patient intake process. Our innovative SaaS platform engages patients in their healthcare and provides a safe, convenient experience, while enabling our clients to enhance clinical care and drive efficiency.

About the Ad Council

The Ad Council is where creativity and causes converge. The non-profit organization brings together the most creative minds in advertising, media, technology and marketing to address many of the nation’s most important causes. The Ad Council has created many of the most iconic campaigns in advertising history. Friends Don’t Let Friends Drive Drunk. Smokey Bear. Love Has No Labels.

The Ad Council’s innovative social good campaigns raise awareness, inspire action and save lives. To learn more, visit AdCouncil.org, follow the Ad Council’s communities on Facebook and Twitter and view the creative on YouTube.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210421005218/en/

Phreesia

Annie Harris

[email protected]

929-526-2611

The Ad Council

Ben Dorf

[email protected]

KEYWORDS: United States North America North Carolina New York

INDUSTRY KEYWORDS: Technology Men Health Consumer Mental Health Marketing Software Managed Care Advertising General Health Communications Women Seniors Data Management

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Cotiviti Appoints RaeAnn L. Grossman as Executive Vice President of Risk Adjustment and Quality to Drive Continued Success and Growth of Company’s Leading Solutions Lines

Seasoned Healthcare Veteran Brings Decades of Experience to Support Company Mission of Lowering Healthcare Costs and Improving Quality for Health Payers, Broader Industry

SALT LAKE CITY–(BUSINESS WIRE)–Cotiviti, a leader in data-driven healthcare solutions, bolstered its executive team with the appointment of one of the nation’s premier health plan experts to the role of executive vice president, risk adjustment and quality. RaeAnn L. Grossman brings more than two decades of deep industry experience to the role to support the ongoing success of these key lines of business. The addition of this new senior leader marks a new phase of growth and expansion for Cotiviti, as well as a renewed focus on further optimizing its quality and risk offerings to meet rising market demand.

“This is a pivotal moment for the healthcare industry, between navigating the late stages of the pandemic, while also starting to recover and rebuild. In the current landscape, quality gaps and outcomes, risk stratification, and value have become more important than ever,” said Emad Rizk, M.D., chairman, president, and CEO of Cotiviti. “With the addition of RaeAnn Grossman to this critical role, we are well positioned to fulfill our mission of delivering rich insights and services to help health plans achieve success in key areas such as quality improvement, risk adjustment, and network performance.”

As Cotiviti’s new executive vice president, risk adjustment and quality, Grossman is responsible for leadership and management oversight of financial performance and operations, as well as strategic and business planning. Grossman will leverage her past experiences at a number of payer and healthcare organizations to ensure continued success of Cotiviti’s industry-leading Risk Adjustment and Quality and Analytic solutions focused on member health and provider performance. With her extensive track record of customer focus and value creation, along with government program and industry experience, Grossman will help Cotiviti enhance its portfolio to optimize financial metrics, reduce inefficiency, and improve overall healthcare performance.

Grossman is a renowned industry expert in healthcare innovation and transformation, product strategy, partnership development, and risk adjustment and quality. She has more than 25 years of experience in executive roles at an array of organizations, including commercial and government health plans as well as medical groups, integrated hospital systems, startups, and physician hospital organizations. Most recently, she was President of Medicare Advantage/COO of Bright Health Plan, managing a multi-state Medicare Advantage plan. Prior to that she held C-suite roles at various healthcare technology and consulting firms for nearly two decades, including extensive time with Gorman Health Group, which consults for government-sponsored healthcare programs.

“After dedicating my professional career to uncovering new opportunities for growth and innovation in healthcare, this chance to join the Cotiviti team and collaborate on achieving these shared goals is an exciting next step,” said Grossman. “From my years working with government and commercial health plans, as well as provider groups and the wider healthcare community, I thoroughly understand how important risk and quality excellence are to overall performance. I am eager to bring these experiences to tap into new avenues of success and growth for Cotiviti and our clients alike.”

Cotiviti offers a robust suite of Risk Adjustment and Quality services, fueled by sophisticated analytics and extensive data, to its client base of more than 200 regional and national health plans. Its comprehensive Risk Adjustment solutions ensure appropriate, compliant reimbursement based on member risk, and include prospective and retrospective risk adjustment solutions driven by in-depth analytics and artificial intelligence. The company’s leading Quality and Performance offerings drive utilization of high-value care and help shift to value-based models by providing unparalleled quality measurement and reporting, enabling network management, and supporting industry collaboration.

About Cotiviti

Cotiviti is a leading solutions and analytics company that is reshaping the economics of healthcare, helping its clients uncover new opportunities to unlock value. Cotiviti’s solutions are a critical foundation for healthcare payers in their mission to lower healthcare costs and improve quality through higher performing payment accuracy, quality improvement, risk adjustment, and network performance management programs. Cotiviti’s healthcare solutions are powered by Caspian Clarity, a proprietary data and analytics platform spanning thousands of unique member and provider data types across financial and clinical domains, representing the most comprehensive longitudinal data set in healthcare. The company also supports the retail industry with data management and recovery audit services that improve business outcomes. For more information, visit www.cotiviti.com.

© 2021 Cotiviti, Inc. All rights reserved. All proprietary information shall remain the sole and exclusive property of Cotiviti, Inc.

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Kara McCrudden

Aria Marketing for Cotiviti

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Cisco AppDynamics Expands Global Software-as-a-Service Offering With Five New Locations

News Summary:

• The addition of five new locations across Africa, Asia, Europe and South America brings the total number of AppDynamics global SaaS locations to nine.
• AppDynamics offers customers the broadest scale and reach of global SaaS support of any Application Performance Monitoring and Observability companies.
• Global expansion further provides AppDynamics customers with increased flexibility, scale and cost efficiencies, as well as greater data residency compliance and security.

SAN FRANCISCO–(BUSINESS WIRE)–CiscoAppDynamics, the industry leading Business Observability platform, today announced the expansion of its Software-as-a-Service (SaaS) offering through five strategic new locations, enabling fast, secure and reliable access to the AppDynamics Business Observability platform. Built on Amazon Web Services (AWS), new locations in Cape Town (South Africa), Hong Kong (China), London (England), São Paulo (Brazil) and Singapore will provide regional customers and partners with access to full-stack observability solutions that are secure, scalable and adhere to their local data residency regulations, enabling companies to deliver a superior digital experience.

Recent research from Gartner indicates that almost 70 percent of organizations using cloud services today plan to increase their cloud spend in the wake of the disruption caused by COVID-19.

“The pandemic validated cloud’s value proposition,” said Sid Nag, research vice president, Gartner. “The ability to use on-demand, scalable cloud models to achieve cost efficiency and business continuity is providing the impetus for organizations to rapidly accelerate their digital business transformation plans.”

As technologists lead their company’s response to the pandemic, many are facing increasingly high pressures to innovate and scale digital services and migrating to a SaaS approach comes with strong considerations. Challenges with implementing SaaS services due to evolving data residency laws and regulations, as well as latency via cloud services that can exist based on proximity to SaaS locations, are areas of concern when considering a SaaS approach. However, modern CIOs recognize the urgent need for a secure, reliable and scalable SaaS solution to support their rapid digital transformation efforts and meet the ever-increasing user demand for flawless digital experience.

The addition of five new locations offers a solution to enterprises concerned with potential data sovereignty and governance requirements, and provides access for customers all around the globe. With points of presence already in place in Portland (US), Frankfurt (Germany), Mumbai (India) and Sydney (Australia), AppDynamics now has more SaaS support than any other vendor in the market. Recently acknowledged as a notable strength by Gartner, AppDynamics’ robust global SaaS footprint will ensure enterprise companies can focus on creating flawless digital experiences through the Cisco AppDynamics Business Observability platform, while achieving greater control around:

• Data Residency, Privacy and Security – Enables local enterprise businesses to comply with anticipated data residency regulations, comprehensive compliance and security certifications such as SOC 2 Type II, EU-US Data Transfer and GDPR-Ready.
• Scale – AppDynamics is delivered with the scalability of AWS providing high-speed access to data with lower total costs, less on-premises resources, and added support and maintenance.
• Faster Access to Innovation – customers can leverage the latest innovation from AppDynamics including cloud native services, APM, and application security through automated and seamless upgrades.

“Enterprise organizations are now in a position where they must urgently transform their digital business strategies, and they need reliable SaaS platforms to do so at scale,” said Vipul Shah, chief product officer, AppDynamics. “AppDynamics is committed to delivering superior digital experiences through our Business Observability platform, and the expansion of our SaaS presence will provide a level of SaaS coverage unmatched in our industry. With this expanded reach of SaaS locations, AppDynamics remains the first choice for global enterprises.”

The addition of the five new locations comes on the heels of AppDynamics’ SaaS offering in India, announced in October 2020, and builds on the company’s global SaaS footprint across Africa, Asia, Europe and South America. With each location strategically selected based on regional user demand, AppDynamics is seeing evidence that this strategy is quickly meeting the needs of enterprises around the world. For example, its Frankfurt SaaS location doubled the amount of users in only 18 months.

AppDynamics’ new SaaS locations will be available as follows:

• Singapore (April 2021)
• London (April 2021)
• Hong Kong (July 2021)
• São Paulo (July 2021)
• Cape Town (July 2021)

Learn more about AppDynamics SaaS and the company’s security and privacy assurance here.

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About Cisco

Cisco (NASDAQ: CSCO) is the worldwide leader in technology that powers the Internet. Cisco inspires new possibilities by reimagining your applications, securing your enterprise, transforming your infrastructure, and empowering your teams for a global and inclusive future. Discover more on The Network and follow us on Twitter.

About Cisco AppDynamics

Cisco AppDynamics, the industry leading Business Observability platform, provides full-stack observability with business context. AppDynamics helps technologists prevent digital performance issues by monitoring cloud-native technologies and traditional infrastructure to understand exactly what drives user experiences and impacts the bottom line for businesses. Core products include: Business iQ, Experience Journey Map, Secure Application and Cognition Engine.

AppDynamics has been recognized by Gartner as a leader in the APM market for more than nine years. It received Glassdoor’s 2019 Best Places to Work Award and Fortune’s #1 Best Place to Work in 2021 as part of Cisco.

This announcement may contain product roadmap information of AppDynamics LLC (“AppDynamics”). AppDynamics reserves the right to change any product roadmap information at any time, for any reason, and without notice. This information is intended to outline AppDynamics’ general product direction, it is not a guarantee of future product features, and it should not be relied on in making a purchasing decision. The development, release, and timing of any features or functionality described for AppDynamics’ products remain at AppDynamics’ sole discretion. AppDynamics reserves the right to change any planned features at any time before making them generally available as well as never making them generally available.

Cisco and the Cisco logo are trademarks or registered trademarks of Cisco and/or its affiliates in the U.S. and other countries. A listing of Cisco’s trademarks can be found at www.cisco.com/go/trademarks Third-party trademarks mentioned are the property of their respective owners. The use of the word partner does not imply a partnership relationship between Cisco and any other company

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ACI Worldwide Recognized by Central Banking Magazine for Real-Time Payments Services

ACI wins Central Banking Award for Payments Services; lauded as “an important provider of real-time digital payments software”

MIAMI–(BUSINESS WIRE)–ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time digital payment software and solutions, today announced that it has been recognized by Central Banking Magazine with its 2021 Central Banking Award for Payments Services. The award highlights ACI as an important provider of real-time digital payments software, helping banks and small companies connect to core central bank infrastructure.

The Central Banking Awards emphasize outstanding performance and achievements of individuals and organizations within the central banking community. Supporting central banks around the world in the transition toward real-time payments, ACI provides a growing range of real-time payments services for round-the-clock settlement systems and reliable overlay services that are vital in making sure banks, merchants, individuals and fintechs can be connected seamlessly.

“When central banks and governments around the world implement and launch a new payments system, it becomes a major payments modernization effort for the entire nation,” said Sam Jawad, executive vice president, Banking, ACI Worldwide. “Whether the rationale is financial inclusion or part of an economic policy to support businesses through improved cash flow, it is important to make sure that participants within the ecosystem — banks, processors, merchants and consumers — benefit. This recognition is testament to our great team of experts and their work in leading central bank and central infrastructure initiatives.”

According to Central Banking Magazine, “The workload of central bankers hit a new peak during the past year as officials scrambled to respond to external and internal policy and operational issues presented by the pandemic. And, ACI has emerged as a leading partner for central banks as they spearhead the transition toward near-instantaneous transfer of funds around the world.”

ACI currently supports 18 real-time domestic schemes around the world, including Zelle and TCH in the US. Approximately 50 percent of the UK’s Faster Payments (UKFP) and 75 percent of Hungary’s AFR transactions are processed through the ACI Low Value Real-Time Payments solution. The ACI Low Value Real-Time Payments solution is also the core processing infrastructure for Malaysia’s Real-Time Retail Payments Platform (RPP), and STET’s real-time payments platform for PSPs in Europe. Additionally, ACI has customers using its solution to access Singapore FAST and the Australian New Payments Platform (NPP).

Find out more about the 2021 Central Banking Magazine awards.

About ACI Worldwide

ACI Worldwide is a global software company that provides mission-critical real-time payment solutions to corporations. Customers use our proven, scalable and secure solutions to process and manage digital payments, enable omni-commerce payments, present and process bill payments, and manage fraud and risk. We combine our global footprint with local presence to drive the real-time digital transformation of payments and commerce.

© Copyright ACI Worldwide, Inc. 2021

ACI, ACI Worldwide, ACI Payments, Inc., ACI Pay, Speedpay and all ACI product/solution names are trademarks or registered trademarks of ACI Worldwide, Inc., or one of its subsidiaries, in the United States, other countries or both. Other parties’ trademarks referenced are the property of their respective owners.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210421005135/en/

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