Data Gravity Intensity Expected to More Than Double Annually for the Financial Services, Manufacturing and Insurance Industries through 2024

Data Gravity Index DGx™ v1.5 Identifies Jakarta, Singapore, Rome, Hong Kong, Melbourne and Atlanta as Metros with the Greatest Data Gravity Intensities

PR Newswire

SAN FRANCISCO, Dec. 10, 2020 /PRNewswire/ — Digital Realty (NYSE: DLR), a leading global provider of cloud- and carrier-neutral data center, colocation and interconnection solutions, has published version 1.5 of its Data Gravity Index DGx™, expanding the scope of the study from the 21 initial metros in version 1.0 to encompass 53 global metros and assessing the intensity and gravitational force of enterprise data growth on 23 distinct global industries. 

Experience the interactive Multichannel News Release here:
https://www.multivu.com/players/English/8826351-digital-realty-data-gravity-index-dgx/

“As businesses undergo the rapid pace of digital transformation, understanding the impact of data gravity intensity will be a fundamental requirement for both enterprises and service providers to unlock data-driven opportunities,” said Tony Bishop, SVP, Platform, Growth and Marketing at Digital Realty.  “Data gravity is an impediment to enterprise growth that will affect businesses across industries around the world.  The release of our Data Gravity Index DGx 1.5 exploring the impact of data gravity across more metros and key industries is designed to help enterprises develop a data-centric architecture as they combat digital transformation challenges.” 

Data Gravity’s Growing Impact on Key Industries

The industries expected to experience the greatest data gravity intensity include the banking and financial services, manufacturing and insurance industries, all of which are expected to undergo rapid growth in digital acceleration, digital-enabled interactions and data exchange volumes globally.  Key findings across Forbes Global 2000 enterprises include:  

  • Data gravity intensity for banking and financial services firms will be exacerbated by regional growth in key banking and financial hubs. 
2024 Global Data Gravity Intensity Forecast: Banking and Financial Services

 

  • Large manufacturers are expanding their data and analytics capabilities, driven by the growth of in-home consumption.  

 

2024 Global Data Gravity Intensity Forecast: Manufacturing

 

  • The insurance industry is expected to see data gravity intensify as digital-enabled interactions continue to increase in importance while key metros experience rapid growth in the volume of enterprise data exchange. 
2024 Global Data Gravity Intensity Forecast: Insurance

 

Regional Forecasts for New Global Metros

According to the expanded report, Jakarta, Indonesia is expected to generate the fastest growth in data gravity intensity, followed by Singapore, Rome, Hong Kong, Melbourne and Atlanta.  In addition, metros that are home to Forbes Global 2000 banking and financial services firms such as London, New York, Tokyo, Paris, Hong Kong, Amsterdam, Beijing, Silicon Valley, Frankfurt, Toronto, Singapore, Washington, D.C., Charlotte, Sydney, Milan and Seoul are expected to realize significant growth in the volume of enterprise data exchange, given their position as financial centers. 

 

Global Metro Forecast 2020-2024

 

“Data gravity continues to accelerate unabated, and so does the urgency of addressing it,” said Dave McCrory, VP of Growth, Head of Insights & Analytics at Digital Realty.  “We are expanding the findings of our Data Gravity Index to include an analysis of 23 industries and 32 additional metros to provide insights to help business leaders make better strategic decisions about where to locate their data.” 

Industry Perspective on the Data Gravity Index DGx™

“With AWS Outposts, our customers benefit from a consistent experience across both on-premise and cloud environments. The Data Gravity Index shows why proximity to data sets matters, and with AWS Outposts, customers can bring Amazon Web Services (AWS) services, APIs, and tools anywhere they need them – whether for data residency, performance with ultra-low latency, local data processing, or modernization. Similarly, PlatformDIGITAL provides our shared customers with a consistent global deployment experience wherever they choose to deploy AWS Outposts. Using  Digital Realty Data Hub and AWS Outposts allows customers to integrate public and private data sources at the center of their data exchanges with a truly consistent hybrid experience.”
Joshua Burgin, General Manager, AWS Outposts, Amazon Web Services, Inc.

“The Data Gravity Index reinforces that the location of AI computing should be a strategic consideration for IT and data science teams. Digital Realty’s Data Hub featuring NVIDIA DGX A100 systems on PlatformDIGITAL enables enterprises to engage in high-volume iteration and experimentation while building the most effective AI applications, without the slowdowns and escalating costs added by data gravity.”
Tony Paikeday, Sr. Director AI Systems, NVIDIA

“As the world’s only modern data warehouse for hybrid cloud, Yellowbrick Data enables enterprises to analyze data in real-time – both in the cloud and on-premise – to extract the insights needed to power today’s digital businesses.  The latest findings of the Data Gravity Index illustrate why it’s imperative that enterprises design for data gravity, so it does not inhibit digital business growth.  In collaboration with Digital Realty, we are helping enterprises leverage next-gen hybrid IT and data localization to unlock differentiated value, enhance business capabilities and overcome data gravity barriers.”  
Mark Cusack, CTO, Yellowbrick Data

“We currently have over 185 edge data centers around the world, but are projected to grow to 400-500 edge data centers by 2023.  Leveraging the findings from the Data Gravity Index will help guide us as we expand globally and create long-term value for our customers.  Our work with Digital Realty lets us interconnect digital workflows from edge to core to cloud, at centers of data exchange on PlatformDIGITAL.”  

Joe Zhu, Founder and CEO, Zenlayer

Additional Resources

  • Check out the Data Gravity Index DGx insights hub, download the latest report and see what analysts and partners have to say about data gravity
  • Video: Learn more about the five major macro trends driving enterprise technology infrastructure deployment
  • Media Kit: download high-resolution images from the Data Gravity Index DGx™ 1.5

About the Data Gravity Index DGx™
The Data Gravity Index DGx™ methodology is based on the analysis of Global 2000 enterprise companies’ presence in each metro, along with variables for each metro, including GDP, population, number of employees, technographics, IT spend, average bandwidth and latency, as well as flows of data.  Digital Realty conducted research between August 2019 and August 2020 and drew upon more than a dozen third-party data sources, ranging from the World Economic Forum and United Nations to global consulting and market research firms.  

About Digital Realty
Digital Realty supports the world’s leading enterprises and service providers by delivering the full spectrum of data center, colocation and interconnection solutions.  PlatformDIGITAL®, the company’s global data center platform, provides customers a trusted foundation and proven Pervasive Datacenter Architecture PDx™ solution methodology for scaling digital business and efficiently managing data gravity challenges.  Digital Realty’s global data center footprint gives customers access to the connected communities that matter to them with more than 280 facilities in 49 metros across 24 countries on six continents.  To learn more about Digital Realty, please visit digitalrealty.com or follow us on LinkedIn and Twitter.  


Media & Industry Analyst Relations

Marc Musgrove

Digital Realty
+1 (415) 508-2812
[email protected]

Investor Relations

John Stewart / Jim Huseby
Digital Realty
+1 (415) 738-6500
[email protected]

Forward-Looking Statements
This press release contains forward-looking statements based on current expectations, forecasts and assumptions that involve risks and uncertainties that could cause actual outcomes and results to differ materially, including statements related to the Data Gravity Index DGx™ and our expectations around data gravity, data growth, data gravity intensity and expected global trends.  For a list and description of such risks and uncertainties, see the company’s reports and other filings with the U.S. Securities and Exchange Commission.  The company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.  

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Verint Unveils Engagement Data Management, the Latest Addition to its Open Cloud Platform

Verint Unveils Engagement Data Management, the Latest Addition to its Open Cloud Platform

Industry’s First Offering Specifically Designed to Help Create an Enterprise-wide Interaction Data Hub

Open Cloud Architecture and Usage-based Pricing Model Make the Solution Ideal for Enterprise IT Organizations and System Integrators

MELVILLE, N.Y.–(BUSINESS WIRE)–Verint® Systems Inc. (Nasdaq: VRNT), The Customer Engagement Company, today launched its Engagement Data Management (EDM) solution, part of the Verint Cloud Platform. Verint EDM is the first solution to enable organizations to gain a uniform and cohesive view of interaction data across the organization’s many data silos created by the growing number of communication and collaboration platforms.

The staggering growth in the number and variety of customer interactions extends far beyond the traditional contact center – into the back office and branch, online digital channels and self-service channels. The interaction data may reside in disparate systems, departments or even fragmented segments – creating silos which undermine the effectiveness of data mining, AI or business intelligence initiatives. Therefore, crucial business insights go unrevealed, hurting decision-making. Exponential data management costs, complexity, and effort also exact a heavy toll on organizations.

Today, many organizations understand the tremendous value locked within their data and are building a variety of data hubs that feed into the enterprise data lake. Building an interaction data hub is especially difficult given the unstructured nature of the data, the types of modalities, and the wide range of communication channels and systems. Verint EDM is the industry’s first offering designed to help make this task easy and affordable.

“This is a tangible solution for an issue that’s been talked about for a long time,” said Paul Stockford, chief analyst at Saddletree Research. “Organizations need to quickly adapt and respond to ever changing customer needs. To do this, they need to be able to leverage data across the organization to identify and react to trends, opportunities and threats. This is the next logical step in understanding the customer experience and applying that intelligence across the enterprise.”

“We are proud to be launching the industry’s first offering specifically designed to enhance the management and value of engagement data in its many forms,” says Verint’s David Singer, vice president, product strategy. “Bringing together interaction data is something that IT organizations have struggled with for years. With Verint EDM, we see tremendous possibilities for IT organizations and systems integrators to more easily uncover the value of interaction data that has been locked in disparate systems and silos to provide useful and meaningful insights for stakeholders across the organization.”

Verint EDM provides the following capabilities:

Enterprise-wide Interaction Data Hub – normalizes interaction data, including multimedia and extensible metadata, and organizes it in a consistent way to make it easy for applications and other data lakes to consume.

Ingestion and Capture – provides a broad set of out-of-the box APIs and adaptors to freely bring together interaction data from any customer engagement source including CCaaS, UCaaS and Collaboration platforms.

Enrichment – supports data enhancement through Verint and third-party analytics, as well as a free enrichment API.

Data Management – provides granular control of data access and retention and preserves the source of record by safeguarding the integrity, reliability, accessibility, and lifecycle management of all data.

Compliance – enforces workflows to support best-practice data governance, security and compliance.

Export API – provides the ability to export data across the organization free of charge.

To learn more about Verint Engagement Data Management, click here.

About Verint Systems Inc.

Verint® (Nasdaq: VRNT) is a global leader in Actionable Intelligence® solutions with a focus on customer engagement optimization and cyber intelligence. Today, over 10,000 organizations in more than 180 countries—including over 85 percent of the Fortune 100—count on intelligence from Verint solutions to make more informed, effective and timely decisions. Learn more about how we’re creating A Smarter World with Actionable Intelligence® at www.verint.com.

This press release contains “forward-looking statements,” including statements regarding expectations, predictions, views, opportunities, plans, strategies, beliefs, and statements of similar effect relating to Verint Systems Inc. These forward-looking statements are not guarantees of future performance and they are based on management’s expectations that involve a number of risks, uncertainties and assumptions, any of which could cause actual results to differ materially from those expressed in or implied by the forward-looking statements. For a detailed discussion of these risk factors, see our Annual Report on Form 10-K for the fiscal year ended January 31, 2020, our Quarterly Report on Form 10-Q for the quarter ended October 31, 2020, and other filings we make with the SEC. The forward-looking statements contained in this press release are made as of the date of this press release and, except as required by law, Verint assumes no obligation to update or revise them or to provide reasons why actual results may differ.

VERINT, ACTIONABLE INTELLIGENCE, THE CUSTOMER ENGAGEMENT COMPANY, CUSTOMER ENGAGEMENT SOLUTIONS, CYBER INTELLIGENCE SOLUTIONS, GI2, FIRSTMILE, OMNIX, WEBINT, LUMINAR, RELIANT, VANTAGE, STAR-GATE, TERROGENCE, SENSECY, and VIGIA are trademarks or registered trademarks of Verint Systems Inc. or its subsidiaries. Verint and other parties may also have trademark rights in other terms used herein.

Media Relations

Amy Curry

Verint Systems Inc.

[email protected]

Investor Relations

Alan Roden

Verint Systems Inc.

[email protected]

KEYWORDS: New York United States North America

INDUSTRY KEYWORDS: Networks Data Management Mobile/Wireless Technology Software

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8×8 Appoints Dave Sipes as CEO

8×8 Appoints Dave Sipes as CEO

CAMPBELL, Calif.–(BUSINESS WIRE)–8×8, Inc. (NYSE: EGHT), a leading integrated cloud communications platform provider, today appointed Dave Sipes as Chief Executive Officer and member of the board of directors. The company also reaffirmed guidance for the third quarter and full-year fiscal 2021.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201210005290/en/

8x8, Inc. CEO Dave Sipes (Photo: Business Wire)

8×8, Inc. CEO Dave Sipes (Photo: Business Wire)

Sipes was most recently COO of RingCentral, where he led go-to-market, product, and engineering and was instrumental in the 12-year growth trajectory of the company from $10M to over $1B in revenue.

Former CEO Vik Verma will assist the transition in an advisory role after leading the company for seven years—through both a product and business model transformation—and building an over $500M SaaS business, adding more than $1.5B in market capitalization. Jaswinder Pal Singh will become the company’s Chairman of the Board. Singh replaces former chairman Bryan Martin, who will continue to serve on the 8×8 board. Vik Verma has retired from the board of directors.

“8×8 is participating in one of the biggest SaaS markets today, cloud communications. We believe Dave, with his operational expertise, strong industry background, and world-class go-to-market leadership, is the right leader at the right time to fully realize our potential,” stated Jaswinder Pal Singh, 8×8 Chairman of the Board. “We’re thrilled to have Dave take the helm at 8×8 and are excited about our future. I’d also like to thank Vik Verma, on behalf of the board of directors, our 1,700+ team members and thousands of dedicated resellers, and recognize the incredible contributions and leadership role he has played over the past seven years to get us to this point.”

“I am looking forward to leading 8×8. It’s one of a select SaaS businesses to reach half a billion dollars in revenue with a strong and expanding customer base,” said Dave Sipes. “The cloud and work-from-home are transforming business communications for every employee and customer touchpoint, and have become a critical focal point for building competitive advantage for businesses today. 8×8 is well positioned with its Open Communications Platform™, which provides a wide breadth of integrated communication tools to power businesses’ critical cloud communications needs. This company has the opportunity to be central to the transformation of work.”

The company is reaffirming its guidance for the third quarter of fiscal 2021 ending December 31, 2020 and the full-year fiscal 2021 ending March 31,2021, that was previously provided on October 28, 2020.

Q3 and F2021 Financial Outlook:

Third Quarter Fiscal 2021 Financial Outlook Ending December 31, 2020:

  • Total Revenue guidance in the range of $132.0 million to $133.0 million, representing approximately 11% to 12% year-over-year growth.
  • Service Revenue guidance in the range of $124.0 million to $125.0 million, representing approximately 12% to 13% year-over-year growth.
  • Non-GAAP Pre-Tax Loss guidance of approximately $3.0 million.

Full-Year Fiscal 2021 Financial Outlook Ending March 31, 2021:

  • Total Revenue guidance in the range of $519.0 million to $522.0 million, representing approximately 16% to 17% year-over-year growth.
  • Service Revenue guidance in the range of $489.0 million to $492.0 million, representing approximately 18% to 19% year-over-year growth.
  • Non-GAAP Pre-Tax Loss guidance of approximately $16.0 million.

Please note the company does not reconcile its forward-looking estimates of non-GAAP Pre-Tax Income (Loss) to the corresponding GAAP measures of GAAP Net Income (Loss) due to the significant variability of, and difficulty in making accurate forecasts and projections with regards to, the various expenses it excludes. For example, although future hiring and retention needs may be reasonably predictable, stock-based compensation expense depends on variables that are largely not within the control of nor predictable by management, such as the market price of 8×8 common stock, and may also be significantly impacted by events like acquisitions, the timing and nature of which are difficult to predict with accuracy. Similarly, impairments and other items are difficult to predict as they may depend on future events and external factors outside the company’s control. The actual amounts of these excluded items could have a significant impact on the company’s GAAP Pre-Tax Income (Loss). Accordingly, management believes that reconciliations of this forward-looking non-GAAP financial measure to the corresponding GAAP measure are not available without unreasonable effort.

New Employee Inducement Grants

Mr. Sipes was granted restricted stock units (RSUs) for up to 469,728 shares of the company’s common stock and performance stock units (PSUs) for up to 939,456 shares of the company’s common stock. The RSUs and PSUs will vest over periods of three years, subject to Mr. Sipe’s continuing employment or other association with 8×8 or any of its subsidiaries and, in the case of the PSUs, subject to the achievement of certain performance criteria. The awards were approved by a majority of 8×8’s independent directors as material inducements to Mr. Sipes’ hiring, in accordance with New York Stock Exchange Rule 303A.08 and 8×8’s 2017 New Employee Inducement Incentive Plan.

About 8×8, Inc.

8×8, Inc. (NYSE: EGHT) is transforming the future of business communications as a leading Software-as-a-Service provider of voice, video, chat, contact center, and API solutions powered by one global cloud communications platform. 8×8 empowers workforces worldwide to connect individuals and teams so they can collaborate faster and work smarter. Real-time business analytics and intelligence provide businesses unique insights across all interactions and channels so they can delight end-customers and accelerate their business. For additional information, visit www.8×8.com, or follow 8×8 on LinkedIn, Twitter and Facebook.

8×8® and 8×8 X Series™ are trademarks of 8×8, Inc.

Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 and Section 21E of the Securities Exchange Act of 1934. These statements include, without limitation, information about 8×8’s finances, operations, and products, including third quarter and full fiscal year guidance, future growth in Cloud and work-from-home industry trends, and Open Communication Platform. Such statements are predictions only, and actual events or results could differ materially from those made in any forward-looking statements due to a number of risks and uncertainties including, but not limited to: market acceptance of and customer demand for new or existing services and features; competition in the markets we compete; the impact of economic downturns on us and our customers, including the impacts of the COVID-19 pandemic. See our “Risk Factors” in the company’s reports on Forms 10-K and 10-Q, as well as other reports that 8×8, Inc. files from time-to-time with the Securities and Exchange Commission for a full discussion of such risks and uncertainties. All forward-looking statements are qualified in their entirety by this cautionary statement, and 8×8, Inc. undertakes no obligation to update publicly any forward-looking statement for any reason, except as required by law, even as new information becomes available or other events occur in the future.

Media:

John Sun, 1-408-692-7054

john.sun@8×8.com

Investor Relations:

Victoria Hyde-Dunn, 1-669-333-5200

victoria.hyde-dunn@8×8.com

KEYWORDS: United States North America California

INDUSTRY KEYWORDS: Telecommunications Software Networks Internet Audio/Video Technology VoIP Other Technology

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8×8, Inc. CEO Dave Sipes (Photo: Business Wire)

Geron Announces Fifty Percent Enrollment Milestone in IMerge Phase 3 Clinical Trial in Lower Risk MDS

Geron Announces Fifty Percent Enrollment Milestone in IMerge Phase 3 Clinical Trial in Lower Risk MDS

IMerge Phase 3 enrollment completion expected in second quarter of 2021

Top-line results expected in second half of 2022

FOSTER CITY, Calif.–(BUSINESS WIRE)–
Geron Corporation (Nasdaq: GERN), a late-stage clinical biopharmaceutical company, today announced achievement of fifty percent enrollment in the IMerge Phase 3 clinical trial of imetelstat in lower risk myelodysplastic syndromes (MDS). Data from the IMerge Phase 2 were recently presented at the American Society of Hematology Annual Meeting and support the ongoing Phase 3.

“Reaching fifty percent enrollment is a key milestone towards the completion of this registration-enabling Phase 3 clinical trial, and we appreciate all of the support from our investigators and the patients who are participating in this study,” said Aleksandra Rizo, M.D., Ph.D., Geron’s Chief Medical Officer. “We believe that the IMerge Phase 3 will confirm the meaningful and durable transfusion independence and the disease-modifying activity of imetelstat observed from the Phase 2, and that imetelstat could become a much-needed treatment alternative for patients with lower risk MDS.”

The IMerge Phase 3 is a double-blind, randomized, placebo-controlled clinical trial with registration intent. The trial is designed to enroll approximately 170 transfusion dependent patients with Low or Intermediate-1 risk MDS, or lower risk MDS, who have relapsed after or are refractory to prior treatment with an erythropoiesis stimulating agent (ESA). The primary endpoint is the rate of red blood cell (RBC) transfusion independence (TI) for a consecutive period of eight weeks or longer, or 8-week RBC-TI rate. Key secondary endpoints include the rate of RBC-TI of at least 24 weeks, or 24-week RBC-TI rate, rate of hematologic improvement-erythroid (HI-E), defined as a reduction of at least four units of RBC transfusions over eight weeks compared with the prior RBC transfusion burden, and duration of transfusion independence.

The Company continues to expect full enrollment in the IMerge Phase 3 in the second quarter of 2021. As long as enrollment is completed by the end of the first half of 2021, Geron maintains its projection of top-line results from IMerge to be available in the second half of 2022.

To learn more about IMerge and whether the study is enrolling patients in your area, please visit www.clinicaltrials.gov.

About Myelodysplastic Syndromes (MDS)

Myelodysplastic syndromes is a group of blood disorders in which the proliferation of malignant progenitor cells produces multiple malignant cell clones in the bone marrow resulting in disordered and ineffective blood production. There are approximately 60,000 people in the United States living with the disease and approximately 16,000 reported new cases of MDS in the United States every year. The majority of patients, approximately 70%, fall into the lower risk groups at diagnosis, according to the International Prognostic Scoring System that takes into account the presence of a number of disease factors, such as cytopenias and cytogenetics, to assign relative risk of progression to acute myeloid leukemia (AML) and overall survival.

Chronic anemia is the predominant clinical problem in patients who have lower risk MDS. Due to low hemoglobin, many of these patients become dependent on red blood cell transfusions which can lead to iron overload, higher risk of development AML and poorer overall survival. Currently, no drug therapy has been shown prospectively to alter or delay disease progression.

About Imetelstat

Imetelstat is a novel, first-in-class telomerase inhibitor exclusively owned by Geron and being developed in hematologic myeloid malignancies. Early clinical data strongly suggest that imetelstat has disease-modifying activity through the apoptosis of malignant stem and progenitor cells, which allows potential recovery of normal hematopoiesis. Current clinical studies of imetelstat include IMerge, an ongoing Phase 2/3 trial in lower risk myelodysplastic syndromes (MDS), and IMpactMF, an upcoming Phase 3 clinical trial in refractory myelofibrosis (MF). Imetelstat has been granted Fast Track designation by the United States Food and Drug Administration for both the treatment of patients with non-del(5q) lower risk MDS who are refractory or resistant to an erythropoiesis-stimulating agent and for patients with Intermediate-2 or High-risk MF whose disease has relapsed after or is refractory to janus kinase (JAK) inhibitor treatment.

About Geron

Geron is a late-stage clinical biopharmaceutical company focused on the development and potential commercialization of a first-in-class telomerase inhibitor, imetelstat, in hematologic myeloid malignancies. For more information about Geron, visit www.geron.com.

Use of Forward-Looking Statements

Except for the historical information contained herein, this press release contains forward-looking statements made pursuant to the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such statements, include, without limitation, those regarding: (i) that Geron expects enrollment completion in the IMerge Phase 3 trial in the second quarter of 2021 and that top-line results for the IMerge Phase 3 trial to be available in the second half of 2022, as long as enrollment is completed by the end of the first half of 2021; (ii) that the IMerge Phase 3 trial will confirm the meaningful and durable transfusion independence and disease-modifying activity of imetelstat observed in the Phase 2; (iii) that clinical data strongly suggest that imetelstat has disease-modifying activity; (iv) that imetelstat may potentially be commercialized and become a treatment alternative for patients with lower risk MDS; and (v) other statements that are not historical facts, constitute forward looking statements. These statements involve risks and uncertainties that can cause actual results to differ materially from those in such forward-looking statements. These risks and uncertainties, include, without limitation, risks and uncertainties related to: (i) whether the Company is able to overcome all the clinical, safety, efficacy, operational, technical, scientific, intellectual property, manufacturing and regulatory challenges to enable: (a) 170 patients to be enrolled in the IMerge Phase 3 and (b) the eventual commercialization of imetelstat; (ii) whether regulatory authorities permit the further development and commercialization of imetelstat on a timely basis, or at all, without any clinical holds; (iii) whether imetelstat is demonstrated to be safe and efficacious in the IMerge Phase 3 clinical trial and other clinical trials; (iv) whether any future efficacy or safety results may cause the benefit-risk profile of imetelstat to become unacceptable; (v) whether imetelstat actually demonstrates disease-modifying activity in patients; (vi) whether the Company is able to complete full study enrollment, sufficient treatment and follow-up of patients to assess the primary and secondary endpoints, and conduct necessary analyses to evaluate the benefit-risk profile of imetelstat in lower risk MDS to reach top-line results in the second half of 2022; (vii) whether the Company has sufficient funding to commercialize imetelstat; (viii) whether Geron overcomes all the potential delays, added expense and other adverse impacts caused by the continuing and evolving effects of the novel coronavirus (COVID-19) pandemic; and (ix) whether imetelstat has adequate patent protection and freedom to operate. Additional information on the above risks and uncertainties and additional risks, uncertainties and factors that could cause actual results to differ materially from those in the forward-looking statements are contained in Geron’s periodic reports filed with the Securities and Exchange Commission under the heading “Risk Factors,” including Geron’s quarterly report on Form 10-Q for the quarter ended September 30, 2020. Undue reliance should not be placed on forward-looking statements, which speak only as of the date they are made, and the facts and assumptions underlying the forward-looking statements may change. Except as required by law, Geron disclaims any obligation to update these forward-looking statements to reflect future information, events or circumstances.

Suzanne Messere

Investor and Media Relations

[email protected]

[email protected]

KEYWORDS: United States North America California

INDUSTRY KEYWORDS: Biotechnology Pharmaceutical Health Clinical Trials

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tZERO Announces D.A. Davidson Is Live & Trading on the tZERO ATS

tZERO Announces D.A. Davidson Is Live & Trading on the tZERO ATS

Today’s Announcement Marks an Important Step to Broadening Investor Access to Overstock’s Digital Preferred Shares & Enhancing Liquidity on the tZERO ATS

NEW YORK–(BUSINESS WIRE)–tZERO, a leader in financial innovation and liquidity for private companies, announced today that it has completed a technology integration for its broker-dealer subsidiaries with FlexTrade, a global leader in broker-neutral, execution and order management trading platforms for equities, foreign exchange, options, futures, and fixed income. This integration enables D.A. Davidson & Co. (D.A. Davidson), a full-service investment firm, to go live and commence trading on behalf of its customers on the tZERO ATS. D.A. Davidson customers are now able to trade Overstock’s innovative Series A-1 shares (OSTKO). The tZERO ATS now has seven active subscribers and has signed two additional agreements with progressive broker-dealers interested in trading digital securities.

Saum Noursalehi, CEO of tZERO, stated, “We are pleased that D.A. Davidson is live and trading on the tZERO ATS. Growing the number of broker-dealers subscribed to the ATS remains a top priority and today’s announcement marks an important milestone in expanding investor participation on our platform.”

D.A. Davidson is an employee-owned financial services firm offering a range of financial services and advice to customers nationwide. The tZERO ATS is used by D.A. Davidson’s growing Equity Capital Markets group, which has offices nationwide and provides capital markets services and products that include investment banking, institutional sales, trading, corporate services, and award-winning equity research.

Monte Giese, President of Equity Capital Markets for D.A. Davidson, said, ”We are committed to providing liquidity and best execution services to a wide range of institutional and corporate investors, including many of the largest mutual fund and money managers in the world. We are excited to now provide them with access to Overstock’s innovative digital preferred shares via the tZERO ATS.”

tZERO is a technology firm with the goal of democratizing access to private capital markets. tZERO is a subsidiary of Medici Ventures, the blockchain-focused, wholly owned subsidiary of Overstock.com, Inc. (NASDAQ:OSTK).

Investor Notice

Investors should note that trading securities could involve substantial risks, including no guarantee of returns, costs associated with selling and purchasing, no assurance of liquidity, which could impact the price and ability to sell, and possible loss of principal invested. Further, an investment in single security could mean lack of diversification and, consequently, higher risk. Potential investors are urged to consult a professional adviser regarding any economic, tax, legal or other consequences of trading any securities as described herein.

No Offer, Solicitation, Investment Advice or Recommendations

This release is for informational purposes only and does not constitute an offer to sell, a solicitation to buy, or a recommendation for any security, nor does it constitute an offer to provide investment advisory or other services by tZERO or any of its affiliates, subsidiaries, officers, directors or employees. No reference to any specific security constitutes a recommendation to buy, sell, or hold that security or any other security. Nothing in this release shall be considered a solicitation or offer to buy or sell any security, future, option or other financial instrument or to offer or provide any investment advice or service to any person in any jurisdiction. Nothing contained in this release constitutes investment advice or offers any opinion with respect to the suitability of any security, and the views expressed in this release should not be taken as advice to buy, sell or hold any security. In preparing the information contained in this release, we have not taken into account the investment needs, objectives, and financial circumstances of any particular investor. This information has no regard to the specific investment objectives, financial situation, and particular needs of any specific recipient of this information and investments discussed may not be suitable for all investors. Any views expressed in this release by us were prepared based upon the information available to us at the time such views were written. Changed or additional information could cause such views to change. All information is subject to possible corrections. Information may quickly become unreliable for various reasons, including changes in market conditions or economic circumstances.

Forward-Looking Statements

This release contains forward-looking statements. In addition, from time to time, tZERO, its subsidiaries, or its representatives may make forward-looking statements orally or in writing. These forward-looking statements are based on expectations and projections about future events, which is derived from currently available information. Such forward-looking statements relate to future events or future performance, including financial performance and projections; growth in revenue and earnings; and business prospects and opportunities. You can identify forward-looking statements by those that are not historical in nature, particularly those that use terminology such as “may,” “should,” “expects,” “anticipates,” “contemplates,” “estimates,” “believes,” “plans,” “projected,” “predicts,” “potential,” or “hopes” or the negative of these or similar terms. In evaluating these forward-looking statements, you should consider various factors, including, without limitation: the ability of tZERO and its subsidiaries to change the direction; tZERO’s ability to keep pace with new technology and changing market needs; and competition. These and other factors may cause actual results to differ materially from any forward-looking statement. Forward-looking statements are only predictions. The forward-looking events discussed in this release and other statements made from time to time by tZERO, its subsidiaries or their respective representatives, may not occur, and actual events and results may differ materially and are subject to risks, uncertainties and assumptions. tZERO, its subsidiaries, and its representatives are not obligated to publicly update or revise any forward-looking statement, whether as a result of uncertainties and assumptions, the forward-looking events discussed in this release and other statements made from time to time by tZERO, its subsidiaries or its representatives might not occur.

About tZERO

tZERO Group, Inc. and its broker-dealer subsidiaries (tZERO) provide an innovative liquidity platform for private companies and assets. We offer institutional-grade solutions for issuers looking to digitize their capital table through blockchain technology, and trade on a regulated alternative trading system. tZERO democratizes access to private assets by providing a simple, automated, and efficient trading venue to broker-dealers, institutions, and investors. For more information on tZERO, please visit https://www.tzero.com/.

tZERO is not a registered broker-dealer, funding portal, underwriter, investment bank, investment adviser or investment manager, and is not providing brokerage, investment banking or underwriting services, recommendations or investment advice to any person, and does not provide any brokerage services. tZERO takes no part in the negotiation or execution of secondary market transactions for the purchase or sale of securities and, at no time, has possession of investor funds or securities in connection with such transactions.

About tZERO ATS

tZERO ATS, LLC is a broker-dealer registered with the SEC and a member of FINRA and SIPC. More information about tZERO ATS may be found at www.finra.org. Digital securities that trade on tZERO ATS are conventional uncertificated securities. Ownership of such securities is reflected on the traditional books and records of regulated market participants. The term “digital” refers to the blockchain technology elements of a security that are intended to enhance investor experience through added transparency.

About D.A. Davidson Companies

D.A. Davidson Companies is an employee-owned financial services firm offering a range of financial services and advice to individuals, corporations, institutions, and municipalities nationwide. Founded in 1935 and headquartered in Montana, with corporate offices in Denver, Los Angeles, Portland, and Seattle, the company has approximately 1,400 employees and offices in 27 states.

Subsidiaries include: D.A. Davidson & Co., the largest full-service investment firm headquartered in the Northwest, providing wealth management, investment banking, equity and fixed income capital markets services, and advice; Davidson Investment Advisors, a professional asset management firm; D.A. Davidson Trust Company, a trust and wealth management company; and Davidson Fixed Income Management, a registered investment adviser providing fixed income portfolio and advisory services.

For more information, visit dadavidson.com.

tZERO

Media

Alexandra Sotiropoulos, +1-347-293-1416

[email protected]

Investors

Michael Mougias, +1-347-293-1248

[email protected]

KEYWORDS: New York United States North America

INDUSTRY KEYWORDS: Professional Services Data Management Technology Other Technology Finance Banking

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Helios Technologies Declares 97th Sequential Quarterly Cash Dividend

Helios Technologies Declares 97th Sequential Quarterly Cash Dividend

SARASOTA, Fla.–(BUSINESS WIRE)–Helios Technologies (Nasdaq: HLIO) (“Helios” or the “Company”) a global leader in highly engineered motion control and electronic controls technology for diverse end markets, announced that its Board of Directors declared a quarterly cash dividend of $0.09 per common share. Helios Technologies has declared ninety-seven consecutive quarterly dividends to its stockholders beginning with the first quarter 1997.

The dividend will be payable on January 20, 2021 to stockholders of record as of January 5, 2021. Helios Technologies has approximately 32.1 million shares of common stock outstanding.

About Helios Technologies

Helios Technologies is a global leader in highly engineered motion control and electronic controls technology for diverse end markets, including construction, material handling, agriculture, energy, recreational vehicles, marine, health and wellness. Helios sells its products to customers in over 85 countries around the world. Its strategy for growth is to be the leading provider in niche markets, with premier products and solutions through innovative product development and acquisition. The company has paid a cash dividend to its shareholders every quarter since becoming a public company in 1997. For more information please visit: www.heliostechnologies.com.

For more information, contact:

Tania Almond

Vice President, Investor Relations & Corporate Communications

(941) 362-1333

[email protected]

Deborah Pawlowski

Kei Advisors LLC

(716) 843-3908

[email protected]

KEYWORDS: Florida United States North America

INDUSTRY KEYWORDS: Other Manufacturing Technology Automotive Engineering Other Technology Automotive Manufacturing Other Automotive Manufacturing Hardware Electronic Design Automation

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CarLotz Appoints Michael Chapman as Chief Marketing Officer

CarLotz Appoints Michael Chapman as Chief Marketing Officer

Martin Agency Vet to Spearhead CarLotz Growth Marketing Efforts

RICHMOND, Va.–(BUSINESS WIRE)–
CarLotz, Inc., (“CarLotz” or the “Company”), a leading consignment-to-retail used vehicle marketplace, which recently announced it would become a public company via a merger that is subject to closing conditions with special purpose acquisition company Acamar Partners Acquisition Corp. (“Acamar”) (Nasdaq: ACAM), announced today that Michael Chapman has been appointed Chief Marketing Officer, effective immediately. Chapman will report to CarLotz CEO and co-founder, Michael Bor.

“Michael Chapman is a brand builder, with unrelenting ambition and a track record of marketing success. He is exactly what we need at this time and I couldn’t be happier to welcome him as our new CMO, to strengthen our position as a disruptor and industry leader,” said Michael Bor, CEO and co-founder of CarLotz. “I am confident that with Michael leading our corporate and hub-level marketing initiatives, we will be able to effectively communicate our unique and differentiated value proposition to execute on our growth initiatives and deliver against our long-term strategic goals.”

Chapman brings more than two decades of experience as a dynamic marketer and strategic planner to CarLotz, one of the used vehicle industry’s fastest growing marketplaces. Most recently, Chapman served as the Chief Growth Officer of The Martin Agency (“Martin”), based in Richmond, Virginia, which was recently named Adweek’s U.S. Agency of the Year. Over the years Chapman has worked across a number of categories and brands including UPS, Walmart, DoorDash, Intel, Heinz and Oreo.

“I have spent my professional life helping inject brands into the cultural conversation and driving growth,” said Chapman. “Creativity is essential in transforming businesses. I can’t wait to use everything I’ve learned over the years to help supercharge this next phase of growth for CarLotz.”

As part of Martin’s executive leadership team, Chapman oversaw brand strategy across all of Martin’s clients, while also being the lead architect of The Martin Agency’s own brand identity. In 2017 he was promoted from Chief Strategy Officer to Chief Growth Officer, helping orchestrate a turnaround in how the agency approached and won new business. The agency went from a win rate of less than 20% in 2017 to a win rate of over 90%, the highest in agency history. As a result, Martin has been an ad industry outlier with a 30% uptick in new and organic revenue growth—in a year where most of the industry has contracted.

Chapman continued, “CarLotz is an exceptional company with a compelling and unique business model that will change the way consumers and businesses think of the used car market. The Company’s mission to create the world’s greatest vehicle buying and selling experience is inspiring and I’m thrilled to work with Michael and the outstanding CarLotz team.”

Prior to Martin, Mr. Chapman served as Senior Planner for McCann, where he led global strategy for UPS, helping establish its positioning as one of the top three shipping and logistics companies in China. Chapman received his undergraduate degree from the University of Virginia, where he also received his MBA from the Darden School of Business.

About CarLotz, Inc.

CarLotz is a used vehicle consignment and Retail Remarketing™ business that provides our corporate vehicle sourcing partners and retail sellers of used vehicles with the ability to access the previously unavailable retail sales channel, while simultaneously providing buyers with prices that are, on average, below those of traditional dealerships. Our mission is to create the world’s greatest vehicle buying and selling experience. We operate a technology-enabled buying, sourcing and selling model that offers a seamless omni-channel experience and comprehensive selection of vehicles while allowing for a fully contactless end-to-end e-commerce interface that enables no hassle buying and selling. Our proprietary Retail Remarketing™ technology provides our corporate vehicle sourcing partners with real-time performance metrics and data analytics along with custom business intelligence reporting that enables price and vehicle triage optimization between the wholesale and retail channel. Through our marketplace model, we generate significant value for both sellers and buyers through price, selection and experience. For more information, visit www.carlotz.com.

About Acamar Partners Acquisition Corp.

Acamar Partners Acquisition Corp. is a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. Acamar Partners Acquisition Corp. raised $305.6 million in its initial public offering in February 2019 (and subsequent exercise of the underwriters’ over-allotment option). The company’s securities are quoted on Nasdaq under the ticker symbols ACAM, ACAMW and ACAMU. For more information, visit www.acamarpartners.com.

Important Additional Information and Where to Find It

This communication is being made in respect of the proposed merger transaction involving Acamar Partners and CarLotz. Acamar Partners has filed a registration statement on Form S-4 with the Securities and Exchange Commission (the “SEC”), which includes a preliminary proxy statement of Acamar Partners, a preliminary prospectus of Acamar Partners and a preliminary consent solicitation statement of CarLotz, and will file other documents with the SEC regarding the proposed transaction. A definitive proxy statement/prospectus/consent solicitation statement will also be sent to the stockholders of Acamar Partners and CarLotz, seeking any required stockholder approval. Before making any voting or investment decision, investors and security holders of Acamar Partners and CarLotz are urged to carefully read the entire registration statement and proxy statement/prospectus/consent solicitation statement, when they become available, and any other relevant documents filed with the SEC, as well as any amendments or supplements to these documents, because they will contain important information about the proposed transaction. The documents filed by Acamar Partners with the SEC may be obtained free of charge at the SEC’s website at www.sec.gov. In addition, the documents filed by Acamar Partners may be obtained free of charge from Acamar Partners at www.acamarpartners.com. Alternatively, these documents, when available, can be obtained free of charge from Acamar Partners upon written request to Acamar Partners Acquisition Corp., 1450 Brickell Avenue, Suite 2130, Miami, Florida 33131, or by calling 786-264-6680.

Participants in the Solicitation

Acamar Partners, CarLotz and certain of their respective directors and executive officers may be deemed to be participants in the solicitation of proxies from the stockholders of Acamar Partner in connection with the proposed merger. Information regarding Acamar Partners’ directors and executive officers is contained in Acamar Partners’ Annual Report on Form 10-K for the year ended December 31, 2019, which has been filed with the SEC and is available at the SEC website at www.sec.gov.

Additional information regarding the interests of these participants and other persons who may be deemed to be participants in the solicitation may be obtained by reading the registration statement and the proxy statement/prospectus/consent solicitation statement and other relevant documents filed with the SEC when they become available. Free copies of these documents may be obtained as described in the preceding paragraphs.

This communication does not constitute an offer to sell or the solicitation of an offer to buy any securities or a solicitation of any vote or approval, nor shall there be any sale of any securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such other jurisdiction.

Forward-Looking Statements

This communication contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Generally, forward-looking statements include statements that are not historical facts, such as statements concerning possible or assumed future actions, business strategies, events or results of operations, including statements regarding Acamar Partners’ and CarLotz’ expectations or predictions of future financial or business performance or conditions. Forward-looking statements may be preceded by, followed by or include the words “believes,” “estimates,” “expects,” “projects,” “forecasts,” “may,” “will,” “should,” “seeks,” “plans,” “scheduled,” “anticipates” or “intends” or similar expressions.

Forward-looking statements involve risks and uncertainties that may cause actual events, results or performance to differ materially from those indicated by such statements. Certain of these risks are identified and discussed in Acamar Partners’ registration statement on Form S-4 under “Risk Factors,” Acamar Partners’ Form 10-K for the year ended December 31, 2019 under “Risk Factors” in Part I, Item 1A and in Acamar Partners’ Form 10-Q for the quarterly period ended March 31, 2020 and Form 10-Q for the quarterly period ended June 30, 2020 under “Risk Factors” in Part II, Item 1A. These risk factors will be important to consider in determining future results and should be reviewed in their entirety.

In addition to risks previously disclosed in Acamar Partners’ reports filed with the SEC and those identified elsewhere in this communication, the following factors, among others, could cause actual results to differ materially from forward-looking statements or historical performance: ability to meet the closing conditions to the merger, including approval by stockholders of Acamar Partners and CarLotz on the expected terms and schedule and the risk that regulatory approvals required for the merger are not obtained or are obtained subject to conditions that are not anticipated; delay in closing the merger; failure to realize the benefits expected from the proposed transaction; the effects of pending and future legislation; risks related to management’s focus on the proposed transaction rather than on the ongoing business operations of CarLotz; business disruption following the transaction; risks related to Acamar Partners’ or CarLotz’ indebtedness; other consequences associated with mergers, acquisitions and legislative and regulatory actions and reforms; risks of the automotive and used vehicle industries; the potential impact of COVID-19 on the used vehicle industry and on the CarLotz business; litigation, complaints, product liability claims or adverse publicity; the impact of changes in consumer spending patterns, consumer preferences, local, regional and national economic conditions, crime, weather, demographic trends and employee availability; new entrants in the consignment-to-retail used vehicle business; technological disruptions, privacy or data breaches, the loss of data or cyberattacks; and the ability to compete successfully with new and existing market participants.

Any financial projections in this communication are forward-looking statements that are based on assumptions that are inherently subject to significant uncertainties and contingencies, many of which are beyond Acamar Partners’ and CarLotz’ control. While all projections are necessarily speculative, Acamar Partners and CarLotz believe that the preparation of prospective financial information involves increasingly higher levels of uncertainty the further out the projection extends from the date of preparation. The assumptions and estimates underlying the projected results are inherently uncertain and are subject to a wide variety of significant business, economic and competitive risks and uncertainties that could cause actual results to differ materially from those contained in the projections. The inclusion of projections in this communication should not be regarded as an indication that Acamar Partners and CarLotz, or their representatives, considered or consider the projections to be a reliable prediction of future events.

Forward-looking statements speak only as of the date they are made, and Acamar Partners and CarLotz are under no obligation, and expressly disclaim any obligation, to update, alter or otherwise revise any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by law. Readers should carefully review the statements set forth in the reports that Acamar Partners has filed or will file from time to time with the SEC. Forward-looking statements are expressed in good faith, and Acamar Partners and CarLotz believe there is a reasonable basis for then. However, there can be no assurance that the events, results or trends identified in these forward-looking statements will occur or be achieved.

Annualized, pro forma, projected and estimated numbers are used for illustrative purpose only, are not forecasts and may not reflect actual results.

This communication is not intended to be all-inclusive or to contain all the information that a person may desire in considering an investment in Acamar Partners and is not intended to form the basis of an investment decision in Acamar Partners. All subsequent written and oral forward-looking statements concerning Acamar Partners and CarLotz, the proposed transaction or other matters and attributable to Acamar Partners and CarLotz or any person acting on their behalf are expressly qualified in their entirety by the cautionary statements above.

Investors:

[email protected]

Media:

[email protected]

KEYWORDS: Virginia United States North America

INDUSTRY KEYWORDS: Marketing Retail Communications Automotive General Automotive Other Retail

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American Express Declares Regular Quarterly Dividend

American Express Declares Regular Quarterly Dividend

NEW YORK–(BUSINESS WIRE)–
The Board of Directors of American Express Company (NYSE: AXP) has declared a regular quarterly dividend of $0.43 per common share, payable on February 10, 2021, to shareholders of record on January 8, 2021.

ABOUT AMERICAN EXPRESS

American Express is a globally integrated payments company, providing customers with access to products, insights and experiences that enrich lives and build business success. Learn more at americanexpress.com and connect with us on facebook.com/americanexpress, instagram.com/americanexpress, linkedin.com/company/american-express, twitter.com/americanexpress, and youtube.com/americanexpress.

Key links to products, services and corporate responsibility information: charge and credit cards, business credit cards, travel services, gift cards, prepaid cards, merchant services, Accertify, InAuth, corporate card, business travel, and corporate responsibility.

Source: American Express Company

Location: Global

Media:

Andrew R. Johnson, [email protected], 212-640-8610

KEYWORDS: New York United States North America

INDUSTRY KEYWORDS: Banking Professional Services Finance

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Data Science Training Provider Metis Expands Live, Online Bootcamp Experiences and Immersive Course Offerings

Data Science Training Provider Metis Expands Live, Online Bootcamp Experiences and Immersive Course Offerings

NEW YORK–(BUSINESS WIRE)–
Metis, a leading provider of data science and analytics skills training for individuals and businesses, is announcing the addition of several new live, online bootcamps and short immersive courses that will make its programs more varied and affordable, as well as offer more focused paths. Metis’s long-standing Data Science Bootcamp has been modified, and the company is now offering four new live, online programs with areas of specialization. Accepted students will learn from and receive mentorship from industry-seasoned data scientists and collaborate with like-minded peers who have met Metis’s rigorous admissions standards. The new bootcamps include:

  1. A six-week Data Analytics Bootcamp
  2. A 10-week Data Science Bootcamp
  3. A 10-week Data Science and Engineering Bootcamp
  4. A 14-week Data Science and Machine Learning Bootcamp

As part of its commitment to foster a diverse data science community, members of underrepresented demographic groups may be eligible to receive a $2,000-$3,000 scholarship toward their bootcamp tuition.

Career support has always been a central component of the bootcamp experience, with services provided until alumni are hired, but Metis will now be adding a dedicated Career Week, included in tuition, to take place immediately after bootcamps conclude. This week will be laser focused on helping graduates get hired through a series of workshops, speaker presentations, and mock interviews.

Metis is also launching seven live, online Short Immersive Courses for students who want to gain in-demand data science and analytics skills in just two weeks. Unlike the bootcamps, there is open enrollment, with no admissions process. Students will learn from elite instructors in this unique, full-time format, while applying what they’ve been taught to a final project that can be added to a professional portfolio. These courses will also provide an opportunity to see what the bootcamp experience is like:

  1. Exploratory Data Analysis
  2. Business Fundamentals for Data Practitioners
  3. Linear Regression and Web Scraping
  4. Machine Learning Classification
  5. Natural Language Processing and Unsupervised Learning
  6. Introduction to Data Engineering
  7. Deep Learning Fundamentals

“We are incredibly excited about our new programs. We’ve fundamentally evolved our offerings to help ensure that we can provide our future students with the skills they need in data science and analytics to reach their career goals. Our new offerings are more specialized, which makes our curricula and content more relevant for students depending on their individual needs,” said Jason Moss, president and founder, Metis. “Since the pandemic accelerated our plans to move to an online-only model, we’ve been impressed at how warmly students have embraced the changes and we look forward to sharing more in the months ahead as our vision for the future of Metis and our students progresses.”

Applications are now open to enroll in the next live, online bootcamps that begin in March 2021. For more information and to apply, visit thisismetis.com/bootcamps. To enroll in one of Metis’s immersive courses, which also begin in March, visit thisismetis.com/courses.

For reporters who want to speak with a Metis spokesperson, contact Russell Schaffer at 917.822.8190 or [email protected].

About Metis

The mission of Kaplan’s Metis business is to educate people to find value in data. Metis accelerates data science and analytics learning for individuals, companies, and institutions through online education, corporate training and immersive bootcamps. This includes upskilling and reskilling the employees of global organizations, enabling them to find value in data. Kaplan, Inc. is a leading global provider of educational and career services for individuals, schools, and businesses.

Russell Schaffer, [email protected], 917.822.8190

Twitter: @thisismetis, Instagram: @thisismetis

KEYWORDS: New York United States North America

INDUSTRY KEYWORDS: Education Data Management Technology Other Technology Other Education Continuing

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ReposiTrak Simplifies Quality Management Recordkeeping with New Smartphone App

ReposiTrak Simplifies Quality Management Recordkeeping with New Smartphone App

Active QMS makes it easy for quality and safety professionals to achieve more accurate controls and improve audit scores and organizational efficiencies by automating manual processes.

SALT LAKE CITY–(BUSINESS WIRE)–
In the latest move to continuously enhance its industry-leading technology platform, ReposiTrak is entering the quality management space with a proprietary smartphone app that will enable retail trading partners to automate internal safety and quality recordkeeping easily, accurately and affordably.

Complementing its existing compliance solutions suite, ReposiTrak’s app-based Active Quality Management System (Active QMS) allows quality and safety teams at manufacturing and distribution operations to simplify the tedious, error-prone manual recordkeeping processes required for critical controls, such as temperature checks, swab testing, sanitation and pest control and equipment inspections.

“The uniqueness of our new Active QMS app resides in the user-friendly interface optimized for smartphones that are ubiquitous and have become a huge part of our daily lives,” explains Randy Fields, chairman and CEO of ReposiTrak. “It’s therefore only natural to expand our industry-leading compliance solutions set on the device that most people prefer using for as many tasks as possible.”

The iPhone- and Android-compatible app also affords quality and safety managers with the flexibility of deploying Active QMS on company-provided devices or via a “bring your own device” approach for staff to use their own mobile phones.

The benefits of connecting internal quality and safety programs with the Active QMS app are evident in several important areas, first and foremost being the streamlined functionality that guides quality and safety team members through their assigned tasks to produce effortless, audit-ready records. Ease-of-use also extends to QR codes, which streamline sequential task screens while simplifying work and saving time.

“Active QMS enables quality and safety professionals to not only achieve far more accurate controls but to also see improved audit scores and organizational efficiencies by making it easy to check for quality and compliance processes,” says Fields.

Quality teams also gain transparent visibility into quality management processes and reduce labor with the Active QMS smartphone app, which supports all document, process notes, photo and video uploads, along with instant access to notifications, tracking alerts and reports. Records generated via the smartphone app are automatically synced to the QMS records library in the ReposiTrak platform, which digitizes all documents and eliminates piles of internal records, paperwork, files and binders. Documents are easily retrievable and continuously archived to support audits with historical data.

The launch of the Active QMS app was generated by a groundswell of demand from ReposiTrak’s existing customers, according to Fields, who adds “the move from paper to automation will result in substantially improved quality and safety controls for managers, who can access performance-at-a-glance metrics and easily retrieve any document in seconds.”

The recordkeeping and process design of ReposiTrak Active QMS is extremely flexible and easily customizable to support existing processes by user and/or group/department level for functions like work order assignments, alerts and notifications and screen views.

Insights from a wholesale partner that ReposiTrak worked with to conduct a pilot test reported impressive results and a five-star review. “Since using ReposiTrak QMS, we have massively reduced paperwork and time for routine, quality-process recordkeeping. This new mobile app will significantly expand where and how we can use ReposiTrak QMS in our entire operation,” the wholesaler affirmed.

As the most trusted quality, safety and compliance solutions provider for retail trading partners, ReposiTrak is exclusively endorsedby leading trade associations and industry groups including FMI–The Food Industry Association, SQFI, GMDC, ROFDA, GRMA and QCS. Linking a network of 100,000+ retail trading partners on a collaborative, user-friendly data platform to share critical safety, regulatory and compliance documents, the ReposiTrak platform helps tens of thousands of manufacturers and suppliers collect, automate, manage and troubleshoot their compliance documentation and verification requirements to continuously enhance the safety and transparency of their brands.

To learn more about ReposiTrak Active QMS or to sign up for a free trial, visit repositrak.com/active-quality-management-systems/.

About Park City Group and ReposiTrak®

Park City Group (NASDAQ: PCYG) is a Software-as-a-Service (SaaS) provider that brings visibility to the consumer goods supply chain through its industry-leading ReposiTrak Inc., subsidiary. ReposiTrak has three product families—Compliance and Risk Management, Supply Chain Solutions and MarketPlace sourcing and B2B commerce—and provides retailers and suppliers with a robust solutions suite to help enhance operational control and increase sales while enabling them to protect their brands, reduce risk and remain in compliance with regulatory requirements. More information is available at repositrak.com and parkcitygroup.com.

Media Contact

Ronald Margulis
RAM Communications

908-337-0020

[email protected]

Company Contact

Randall K. Fields

Chairman & CEO, ReposiTrak

435-645-2100

[email protected]

KEYWORDS: Utah United States North America

INDUSTRY KEYWORDS: Logistics/Supply Chain Management Mobile/Wireless Restaurant/Bar Office Products Convenience Store Packaging Manufacturing Home Goods Transport Other Retail Wine & Spirits Telecommunications Supply Chain Management Tobacco Software Online Retail Supermarket Luxury Specialty Networks Discount/Variety Internet Department Stores Food/Beverage Fashion Data Management Cosmetics Retail Technology

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