News Hub | News Direct

Technology

Artificial Intelligence Big Data Cloud Computing Cyber Security Data Management Electronics Enterprise & Network Technology Financial Technology Hardware Mobile & Wireless Nanotechnology Semiconductor Software Telecommunications
Article thumbnail News Release

Genomic Life Achieves 2-Year HITRUST Certification

Genomic Life

(Sept. 8, 2022) – Securing an individual's healthcare data is always a priority. But instilling trust in today’s environment means exceeding expectations with security measures. Genomic Life, a genome management company with a mission of providing genetic testing and personalizing cancer support services, earned HITRUST’s certified status for its information, security, and privacy on its digital Genomic Life platform. According to the 2021 Healthcare Data Breach Trend Report, hacking and information technology incidents targeting outpatient and specialty clinics have grown 41% in the past year. With the healthcare industry becoming more digitally integrated each year, it’s become increasingly critical to protect online healthcare data better. Genomic Life’s achievement of a high-level certification is a new milestone in protecting sensitive member data. Genomic Life completed its annual SOC 2 Type 2 engagements as of July 1, 2020. It recently accomplished a HITRUST and NIST CSF validated assessment as of May 6th, 2022 with a certified report date of August 6th, 2022. “Achieving the HITRUST certification puts us in company with an elite group of organizations worldwide who have also earned this designation,” said Coley Chavez, Vice President, Compliance and Operations, Genomic Life. HITRUST Risk-based, 2-year (r2) Certified status demonstrates that Genomic Life has met federal and state regulations and is appropriately managing risk. The HITRUST Assurance Program helps organizations address security and data protection challenges through a comprehensive and flexible framework of prescriptive and scalable security controls. “In today’s ever-changing threat landscape, HITRUST is continually innovating to find new and creative approaches to address challenges,” said Jeremy Huval, Chief Innovation Officer, HITRUST. “Genomic Life’s HITRUST Risk-based, 2-year Certification is evidence that they are at the forefront of industry best practices for information risk management and compliance.” The genome management program facilitates lifetime access to genomic insights. Members receive genetic tests to prevent disease through proactive genetic screening. The program also helps diagnose diseases more accurately and tailors services and treatments. “Security of our member information is paramount. With our platform, members will have the strongest degree of security measures in place safeguarding their information, providing one less worry for them,” said Karen Ferrell, CEO, Genomic Life. “I’m very proud of our team at Genomic Life who worked hard to attain the certifications that demonstrate the highest standards and that only a few select companies achieve.” ### About Genomic Life: Genomic Life accelerates the transition to genomics to deliver a proactive health ecosystem rooted in affordability, accessibility, and actionability. Understanding an individual's unique genome helps uncover health risks, informs treatment, and personalizes approaches to optimize health. Learn more here. Contact Details The Hoyt Organization Kelly Reynolds +1 310-343-3197 kreynolds@hoytorg.com Company Website https://genomiclife.com/

September 08, 2022 10:09 AM Pacific Daylight Time

Article thumbnail News Release

EVERYTHING YOU NEED TO KNOW ABOUT JEWELRY INSURANCE

Benzinga

How Does Jewelry Insurance Work? A policy for jewelry insurance should include coverage for replacing your jewelry in the event of damage, loss, theft or what is known as “mysterious disappearance.” To purchase a jewelry policy, you will be required to give a few details about the piece as well as have a certified jewelry appraisal. You can learn more about how jewelry coverage operates by reading this in-depth explanation. Is Jewelry Insurance Worth it? Yes. When it comes to protecting the most valuable possessions you own, jewelry coverage is surprisingly affordable and offers complete and total protection. Check for monthly pricing as low as $5. How Much Does Jewelry Insurance Cost? Depending on the value of your jewelry, you can expect the cost of jewelry insurance to range from 0.5 percent to 1.5 percent of the item’s appraised value each year. An engagement ring that costs $10,000, for example, would cost you between $4 and $12 every month. Learn more details about the costs of jewelry coverage here. Do I Need an Appraisal to Apply for Jewelry Insurance? Yes, you’ll need an appraisal when applying for a jewelry policy. To obtain an accurate valuation of a jewelry item, you will need to have the engagement ring or other fine jewelry appraised first. You can get a better understanding of the reasons behind jewelry appraisals as well as the benefits they offer here. Do I Need Jewelry Insurance? A valuable piece of jewelry should be covered by insurance because of the costly expense to replace or repair it. Read this guide to choosing the right policy to make certain that you have the top-notch coverage that best fits your needs. Will Insurance Cover Lost Jewelry? A policy for jewelry should provide coverage in the event that an item is lost, stolen or mysteriously disappears. Unsurprisingly, “mysterious disappearance” is the most typical type of loss. Check out this post that provides a detailed explanation of the jewelry insurance process to acquire a greater understanding of how jewelry coverage functions. How Do I Ship Jewelry and Have it Insured? The United States Postal Service (USPS) provides options for insuring mail, which provides protection against loss or damage to jewelry valued at up to $5,000 while it is being shipped. As long as your jewelry is shipped under receipt, it will be covered by a jewelry policy that is bought separately. Learn more about insurance that covers jewelry as a standalone item here. Is a Watch Considered Jewelry for Insurance? Watches are typically categorized as jewelry. Insurance companies that specialize in jewelry will usually offer protection for timepieces. Watches are considered personal objects and are usually covered by homeowners insurance. However, there are often coverage restrictions, limits and deductibles associated with a typical homeowners’ insurance policy. What is a Deductible for Jewelry Insurance? A deductible is the amount of money that must come out of your own wallet before an insurance company will pay its share of the bill. The standard jewelry insurance policy that BriteCo provides has no deductible, so you won’t ever have to worry about the cost of replacing your lost or stolen piece. Get a quote right now for jewelry insurance with no deductible. Is it Worth it to Insure an Engagement Ring? Yes, especially if you are unable to replace it if it is lost, stolen or damaged. The cost of engagement ring insurance should be between 50 cents to $1.50 for every $100 in ring value, making it an affordable investment to receive protection in most cases. Check how affordable it is for your ring. Will Insurance Cover a Lost Ring? Quality insurance should cover the loss of wedding rings, engagement rings and other jewelry for the most common form of a claim, mysterious disappearance. In general, specialty jewelry insurance is your best bet for coverage of your ring. Beware of homeowners insurance policies that have low coverage limits or a high deductible. Does the Value of My Ring Change Over Time? Yes! It is possible that the price of your ring will change over time as a result of fluctuations in the cost of the metal or the diamonds it contains. Historical evidence suggests that the value of your ring will most likely increase over time. BriteCo automatically updates the value once per year to make sure that you are always covered for the full worth of your ring and that you are insured for up to 125% of the value of your appraisal. Check out its insurance coverage page to view complete details. How Do You File an Insurance Claim for Lost Jewelry? Insurance from a company like BriteCo will replace lost or stolen jewelry. Customers can follow on-screen instructions after clicking on this link. Most claims take fewer than five minutes to make online. The company follows up immediately so that you have a replacement as soon as possible. How Long Will it Take for a Claim to Be Settled? The process of filing a claim only takes a few minutes of your time. BriteCo will get back to you as quickly as possible to start the process of obtaining your repair or replacement. The total amount of time will vary depending on the circumstances of your situation. What Jewelry Does a Homeowners Insurance Policy Typically Cover? The majority of homeowners insurance plans provide coverage for jewelry loss or theft as personal possessions; however, the value of this coverage is often restricted to between $1,000 and $2,000. In most cases, it will not cover your significant other, requires you to pay a deductible, increases the subsequent cost of your policy if you submit a claim and doesn’t offer you the option to decide how your item will be replaced. Find out more about the coverage provided by your homeowners insurance, as well as the reasons why jewelry-specific coverage could be a better choice for you. Is Lost or Stolen Jewelry Covered by Homeowners Insurance? A significant number of conventional insurance plans include coverage for jewelry as a personal item in the event that it is stolen. Additionally, the majority of homeowners insurance policies contain claim limitations, which could mean that more expensive things aren’t always covered. Check with your insurance provider or you consider purchasing stand-alone coverage instead. Learn more about the differences between homeowners coverage and a stand-alone jewelry policy. How Do You Insure an Engagement Ring Without Homeowners Insurance? You can insure your engagement ring with a separate policy through an independent specialty jewelry insurance company. Specialty jewelry insurance should offer better coverage with no deductible compared to most homeowners or renters insurance policies. To learn about insuring your jewelry with a specialty policy versus as an add-on for homeowners, read this evaluation. What is the Difference Between Homeowners Insurance and Specialty Jewelry Coverage? When seeking to buy a jewelry policy, you can add a jewelry item to your homeowners policy through a floater — a supplemental policy purchased along with homeowners or renters insurance (also called an insurance rider). People use a homeowners rider for more expensive jewelry items since most basic homeowners insurance coverage will limit the amount of coverage (under $1,000 to $2,000) and will cover limited perils such as theft. Adding a floater will extend limits to your whole collection and add covered perils specific to your jewelry. A specialty jewelry policy offers alternative coverage that is specifically designed for jewelry items such as engagement rings, necklaces and high-value watches. There are several advantages to specialty jewelry insurance including worldwide coverage for loss, theft, damage and mysterious disappearance. Certain specialty providers such as BriteCo offer enhanced coverage up to 125% of replacement value and no deductibles on its standard policies. It’s also affordable, averaging 0.5% to 1.5% of the appraised value of a jewelry item in annual cost. You could pay as little as $5 a month for an $8,000 engagement ring. Why Choose BriteCo Jewelry Insurance? BriteCo Jewelry Insurance offers you coverage with low-cost premiums for insuring wedding rings, engagement rings and other fine jewelry. Backed by an AM Best A+ rated insurer, BriteCo has coverage for the full value of your ring in the event of loss, theft, damage or disappearance. When making a claim, you avoid out-of-pocket costs with its zero deductible policies while assuring you get up to 125% of appraisal value in a replacement ring. There’s no need to add a personal jewelry insurance rider to your homeowner’s policy to protect your valuables when you can get specialty jewelry insurance coverage from BriteCo that’s fast, easy and affordable. Get a quote at https://brite.co. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

September 08, 2022 11:57 AM Eastern Daylight Time

Article thumbnail News Release

HOW TO INVEST IN JEWELRY

Benzinga

When it comes to investing in jewelry, you need to keep a few things in mind. First, it's important to get started as early as possible. The sooner you start investing, the better. Make sure you're investing in quality jewelry. Look for pieces that are well made and have a good resale value. Insure and properly store your jewelry. This step will protect your investment in case of loss or damage. By following these tips, your jewelry investment is more likely to be a wise one. What Factors Should You Consider When Investing in Jewelry? Several factors come into play when investing in jewelry. 1. The quality of the piece: Is it well-crafted? What is it made of? You should look for hand-fabricated, custom-made pieces. Machine-fabricated jewelry is not usually of the highest quality. Vintage jewelry pieces are often a good investment along with pieces from recognized brands such as Tiffany, Van Cleef & Arpels, Chanel and Cartier. If considering a ring, look inside the band for a stamp that signifies its origin. 2. The style: Is it classic or trendy? Will it still be in fashion next season? Style is a matter of personal taste as well as what the market values. Investing your time and your money in getting to know what’s hot and what’s not in jewelry should be fun and interesting. Online jewelry industry publications such as National Jeweler and the International Gem Society can help educate you. You can also see what’s selling on jewelry auction sites such as HiBid. 3. The stone: Is the stone rare or common? What about color and clarity? For jewelry with diamonds, assess the large stone or stones first. Understand the 4 “C’s” in terms of quality. Focus on earth-mined diamonds and avoid lab-grown or synthetic diamonds and gemstones since these do not typically hold value over time. Assess a piece with original purchase receipts, Gemological Institute of America (GIA) certificates or other documentation, and obtain a detailed appraisal from a reputable jeweler. 4. The price: How does the price compare to similar pieces? Investing in jewelry, like any other investment, is about building value over time. You will want to invest in a piece that is priced at less than the current market value if possible. That typically means a seller that really wants to or must sell a piece. One strategy would be to work with a trusted jeweler who can provide expertise, advice and assistance in buying an investment piece. Each of these factors will affect the value of the jewelry, so it’s helpful to take them all into consideration when making an investment. With a little education and research, you can find the perfect piece of jewelry that will be beautiful and valuable for years to come. How to Find the Right Jewelry for You As you search for the right jewelry to invest in ask yourself a few questions. What type of jewelry are you interested in? Rings? Bracelets? Watches? Is it something that you would like to wear daily or only wear on special occasions? If you plan on wearing the jewelry on an everyday basis, then you will need to make sure that it is made from high-quality materials that can withstand regular wear and tear. On the other hand, if you only plan on wearing the jewelry on special occasions, then you may be able to get away with investing in more delicate pieces that may be of lesser value. In addition to knowing the type of jewelry you want to invest in, you also need to think about your budget. How much money are you willing to spend on a piece of jewelry? If you are working with a limited budget, then you may want to focus your search on pieces made from less expensive materials such as sterling silver or costume jewelry. However, if money is less of an object, then you can indulge in more luxurious pieces made from gold or platinum featuring high-quality diamonds. Regardless of your budget, investing in quality jewelry can be a wise decision that pays off over time. What Type of Jewelry is Best Suited for Investment? Certain categories of jewelry tend to be good investments. One example is natural or earth-mined diamonds whose value usually goes up over time. Diamonds also have a wide range of price points, so they can be a good investment for people with different budgets. Just be aware that lab-grown or synthetic diamond prices have been coming down dramatically in price over the last few years and are likely not a strong investment option. Certain categories of jewelry tend to be good investments. One example is natural or earth-mined diamonds whose value usually goes up over time. Diamonds also have a wide range of price points, so they can be a good investment for people with different budgets. Just be aware that lab-grown or synthetic diamond prices have been coming down dramatically in price over the last few years and are likely not a strong investment option. Another type of jewelry that can be a good investment is watches. Watches can be rare, and their value can increase over time. Watches also tend to have a high resale value, so they can be a good choice if you're looking to sell your jewelry in the future. Gold is another option that can be a good investment. Gold tends to hold its value well, and it's relatively easy to buy and sell gold jewelry. However, the price of gold can fluctuate quite a bit, so do your research before investing in this precious metal. Is Investing in Jewelry a Hedge Against Inflation? For some investors, gold and silver as precious metals represent a hedge against inflation. In times of volatility in the stock and bond markets, they seek an asset that holds its value as currencies and equities fluctuate. However, investing in gold or silver jewelry is not a particularly liquid asset. It’s about investing in something you enjoy and still building value over time. How to Care for Your Jewelry So That it Retains its Value Over Time Your jewelry is an investment. Whether it was handed down to you or it's something you bought for yourself, you need to take care of it so that it retains its value. First, you should get insurance for your jewelry in case something happens such as loss, theft or damage. You should make sure you're keeping your jewelry in a safe place. A jewelry box or a safe deposit box are good options. Clean your jewelry regularly. You can either take it to a professional or clean it at home using mild soap and water. By taking these steps, you'll help ensure that your jewelry retains its value over time. The Risks and Rewards of Investing in Jewelry Deciding whether or not to invest in jewelry can be a tricky proposition. Jewelry can be a beautiful and luxurious addition to any wardrobe, but it is also a significant financial investment. Before making investment decisions, it’s always good to consult your financial advisor to weigh the risks and rewards. Jewelry is often seen as a safe investment since it can be easily insured and stored. However, the value of jewelry can fluctuate widely, making it a riskier proposition than some other investments. If you do decide to invest in jewelry, do so with caution and insure your pieces against loss or damage. With careful planning and research, investing in jewelry can be a lifelong rewarding experience. Examples of Pieces That Have Increased in Value Over Time Some jewelry pieces never go out of style. Tiffany rings and Cartier necklaces, for example, continue to be highly coveted by fashionistas around the world. Similarly, Rolex watches are renowned for their timeless elegance and are often passed down from generation to generation. Even more traditional pieces like gold jewelry and diamonds have increased in value over time as supply has failed to keep up with demand. For those with an eye for history, art deco pieces have become increasingly popular in recent years. Thanks to their unique design and craftsmanship, these items are now seen as collector's items, fetching high prices at auction. A gem-set, diamond-and-enamel tutti frutti bracelet by Cartier, for example, recently sold for $1.3 million at Sotheby’s, the highest price for any jewel sold in an online auction. Several jewelry pieces for women are considered classic and typically gain value over time, including diamond studs, tennis bracelets, earring hoops and statement rings. You can give them as gifts — or purchase them for yourself — showcasing your good taste while enjoying the value of a solid investment. Whether it's Cartier, Tiffany or Rolex; gold or diamonds; art deco; or something else entirely, you can find plenty of examples of pieces that have become more valuable with time. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

September 08, 2022 11:56 AM Eastern Daylight Time

Article thumbnail News Release

Associated Environmental Systems Issued Patent for ATPPRIME

AES

Associated Environmental Systems, a leading manufacturer of environmental test chambers and battery test fixtures, has been issued a patent for ATPPRIME, a system for the high density testing of batteries within an environmental test chamber. First introduced in 2018 as part of the All Test Platform (ATP) series, ATPPRIME enables users to charge and discharge batteries in controlled environments for research, development, and production purposes. “The ATPPRIME patent further advances AES’s differentiation from competition in the industry by setting the standard for cutting-edge battery testing fixtures,” says Michael Shirley, CEO of Associated Environmental Systems. “We are excited to continue innovating testing solutions and can’t wait to share what comes next.” “The issued patent demonstrates AES’s commitment to developing the battery testing industry and continuing innovation in this fast-growing field,” says Brock Kenyon, CTO at Associated Environmental Systems. What Is ATPPRIME? The All Test Platform (ATP) provides a safe and easy way to test batteries within an environmental test chamber. ATPPRIME enables rapid changing of batteries and battery types between tests, and provides the highest density per square foot of environmental test chamber space available for battery testing. ATPPRIME combines multiple components critical for battery testing into a configurable, scalable, safe, high density battery testing platform. The key features of ATPPRIME include the following: The ability to test many battery types in a single fixture. The ability to change from one style of holder to another or support multiple configurations for virtually any cell type: coin, cylindrical, prismatic, pouch, and pack. The integrated Battery Interface Boards (BIB) ensure that precise, strong charge and discharge data signals are transmitted from each cell to the user’s battery cycler. Easy-access sliding shelves that provide safe battery insertion into the test environment with no external disconnect required. Up to four custom-engineered epoxy shelves maintain flat surfaces, distributed airflow, and optimal configuration. About Associated Environmental Systems Associated Environmental Systems has designed and manufactured test chambers and battery testing fixtures that meet organizations’ most demanding requirements for more than 60 years. As society’s reliance on faster-charging, longer-lasting, and higher-performing batteries has increased across a range of industries, AES has developed the All Test Platform to support companies’ battery research, development, and production. The ATP series includes patented ATPPRIME, ATPFLEX (battery testing fixtures that can be added to existing chambers), and patent-pending ATPHEAVY (battery testing fixtures for large format and prismatic cells, capable of testing up to 1000 amps per channel). AES’s extensive customer base spans the fields of aerospace, pharmacology, electronics, automotive, semiconductors, computers, and additional industries around the world. Contact Details Associated Environmental Systems Haylie Batres +1 978-772-0022 Haylie.Batres@associatedenvironmentalsystems.com Company Website https://www.associatedenvironmentalsystems.com

September 08, 2022 11:31 AM Eastern Daylight Time

Article thumbnail News Release

XPOINT LITE LIVE IN THE USA WITH BETTORFANTASY

Xpoint Technology

Xpoint, the leading geolocation and compliance technology company specializing in North American sports betting and iGaming markets, has announced that Xpoint Lite – Xpoint's specialist geolocation product for Daily Fantasy Sports (DFS) operators - is now live in-market in the USA with BettorFantasy, the Daily Fantasy Sports app that is available now in 21 U.S. states that lets users sync their fantasy league, make picks, cash in for prizes and even raise money for charity. The BettorFantasy announcement - Xpoint’s latest live, in-market partner in the USA - marks another chapter in Xpoint’s busy summer of partner launches, reinforcing the growing reputation that Xpoint enjoys as bringing game-changing, transformative thinking and business practices to the North American geolocation market. “We’re very pleased to be able to support BettorFantasy’s launch and expansion throughout the USA and globally,” commented Marvin Sanderson, Xpoint CEO and Co-Founder. “Having Xpoint Lite embedded within the BettorFantasy app gives the team behind the business, and their consumers, the peace of mind that their geolocation needs are met, and that they can operate safely, securely and free from fraud.” Xpoint Lite is the go-to option for Daily Fantasy Sports (DFS) operators, sitting alongside Xpoint Verify, Xpoint’s real money gaming geolocation product. Embedded within partner platforms (web and apps), Xpoint Lite is a Software Development Kit (SDK) that provides operators with state-of-the-art geolocation technology which helps ensure they meet North American regulatory and compliance standards, and uses location data to help them unlock the true potential of their geolocation investment. "It's been great working with XPoint as their first XPoint Lite partner,” added Sahil Patel, CEO and Co-Founder of BettorFantasy. “The team is lazer-focused on building a great solution and has been open to our feedback. We're proud to work with XPoint as our geolocation partner and we can't wait to integrate this technology for our community." For more details, and to find out how Xpoint can help transform both real money gaming and DFS operator platforms, please go to xpoint.tech and follow Xpoint on social media via LinkedIn. ABOUT XPOINT Xpoint provides essential geolocation security solutions and intelligent location-based marketing insights to the global sports betting and iGaming industries. Xpoint’s innovative Verify and Lite platforms ensures partners meet their regulatory geo-compliance obligations, and deliver enhanced value through the generation of location-based data that can drive marketing programs. Recently nominated for two 2022 SBC North America Awards, Xpoint was founded in 2019 and officially unveiled in Las Vegas in 2021, and is led by the company's CEO and Co-Founder Marvin Sanderson, a global sports betting and iGaming industry leader. With North American offices in Miami, Florida, and Toronto, Canada, Xpoint is changing the global geolocation market, bringing innovation to an industry that has, to date, viewed geo-compliance as a utility, not a new business opportunity. For more information, visit xpoint.tech and follow LinkedIn for regular updates. ABOUT BETTORFANTASY BettorFantasy is a new gamified fantasy sports app that lets season-long fantasy players sync their leagues and pick the matchup winners. Users can win the app's free-to-play currency, BettorCoins, by completing challenges and making correct picks. Users can then spend their BettorCoins on prizes and charity donations. BettorFantasy has recently launched its Daily Fantasy Sports contests in 21 states ahead of the upcoming NFL season. Contact Details Xpoint Tom Webb +1 512-952-9369 tom.webb@xpoint.tech BettorFantasy Will Tighe will@bettorfantasy.com Company Website https://xpoint.tech/

September 08, 2022 10:00 AM Eastern Daylight Time

Article thumbnail News Release

BEEset With Problems, The Current Agricultural System Desperately Needs Innovation. Meet The Company That Says It Has A Solution

Bee Vectoring Technologies

Ashish Malik, CEO of Bee Vectoring Technologies (CSE: BEE, OTCQB: BEVVF), was a guest on RB Milestone Group’s webinar on August 10, 2022. Bee Vectoring Technologies is a leading technology company that uses commercially-reared bees to deliver sustainable and effective crop control. The company is dedicated to providing sustainable solutions to the growing problems of the modern agricultural landscape. Watch the full interview here: BVT, an agriculture technology company, is a market disruptor with a significant global market opportunity in the $240 billion crop protection and fertilizer market. BVT has pioneered a natural precision agriculture system that replaces chemical pesticides and wasteful plant protection product spray applications by delivering biological pesticide alternatives to crops using commercially grown bees. BVT’s award-winning technology, precision vectoring, is completely harmless to bees and allows minute amounts of naturally-derived pesticides (called biologicals) to be delivered directly to blooms, providing improved crop protection and yield results than traditional chemical pesticides – and improving the health of the soil, the microbiome and the environment. Currently, BVT has over 65 granted patents, over 35 patents pending in all major agricultural countries worldwide, and has US EPA registration of its VECTORITE™ with CR-7 (EPA Registration No. 90641-2) for sale as a registered biological fungicide for use on the labeled crops. This post contains sponsored advertising content. This content is for informational purposes only and not intended to be investing advice. Contact Details Michael Murray michael@benzinga.com

September 08, 2022 09:23 AM Eastern Daylight Time

Video
Article thumbnail News Release

Putting The Supply Back In Supply Chain Integration System? — Nisun Claims To Have Solutions To The Crisis

Nisun International Enterprise Development Group Co., Ltd

Disruptions to the supply chain have caused massive economic damage in the past couple of years. Restrictions on global supply networks meant that the average country lost over $180 billion to supply chain disruptions while the U.S. lost $228 billion, according to a recent survey. However, these setbacks may also provide potential new opportunities as those both upstream and downstream in the supply chain seek new innovations. Some U.S. companies that managed to protect their supply chain despite global disruptions reportedly include technology company Cisco Systems Inc. and pharmaceutical company Johnson & Johnson. Nisun International Enterprise Development Group Co. Ltd. is one example of a company looking to fill the supply chain management vacuum. Based in China, Nisun aims at a sophisticated supply chain integration (SCI) through an ecosystem that it reports is made to fulfill all the financial and logistical needs of partnering companies. It is seeking to solve the integration of industry and finance to create a supply chain system serving as an essential intermediary in both upstream and downstream transactions. It also has the goal of helping small- to medium-sized enterprises (SMEs), which it says it accomplishes by providing SMEs with capital access through a closed-loop financial technology platform. Learn More about Nisun International Enterprise Development Group Co., Ltd by gaining access to the latest research report! Linking Businesses For A Stronger Supply Chain Nisun is focusing its partnership efforts in five industries: e-commerce, gold, coal, chemical and agriculture, aiming to create a network out of this $305 billion cluster. The company seeks to provide collaborators with logistics and warehousing along with modernized financial services. One example of SME collaboration Nisun provides is with the merchants in the Henan Wanbang International Agricultural Product Logistics Park. Fintech (Shanghai) Supply Chain Management Co. Ltd ( Fintech Digital,) a supply-chain management subsidiary of Nisun, serves agricultural merchants by providing them with financial and logistical solutions. The downstream merchants place purchase applications, which Fintech Digital then negotiates and fulfills with its network of upstream suppliers, ensuring quick response to merchant product needs. Nisun also partnered with two companies to help with streamlining and digitizing the agricultural goods supply chain in late 2021. Through its partnerships with Sichuan Wanglianxing Agricultural Technology Development Co. Ltd. and Henan Xingyue Communication Technology Co. Ltd., Nisun hopes to bring its supply-chain expertise and resources to China’s National Rural Revitalization Program and modernization of the Chinese agricultural industry. A subsidiary of Fintech Digital and a controlled affiliate of Nisan, Fanlunke Supply Chain Management (Shanghai) Co. Ltd. signed a deal with Yunnan Pinhutang Distillery Co. Ltd., which brings them into the Chinese medical market. This supply-chain and procurement contract, with the plan to expand to sales, hopes to maximize the upstream and downstream market trading and meet the greater demand for Pinhutang products, which are available on online stores such as JD.com Inc. and Alibaba Group Holding Ltd. Through these strategic partnerships, Nisun may help produce solutions to the supply-chain crisis and make itself a bigger player in the supply chain. It claims its current success will continue into the future and maintain its 74% annual growth year on year. Similar companies in the supply chain and fintech space include NETSOL Technologies NTWK, 360 DigiTech, Inc. QFIN, Katapult Holdings KPLT, and FinVolution Gr FINV To learn more about Nisun, click here. About Nisun International Enterprise Development Group Co., Ltd Nisun International Enterprise Development Group Co., Ltd (NASDAQ: NISN) is a technology-driven, integrated supply chain solutions provider focused on transforming the corporate finance industry. Leveraging its industry experience, Nisun is dedicated to providing professional supply chain solutions to Chinese and foreign enterprises and financial institutions. Through its subsidiaries and controlled companies, Nisun provides users with professional solutions for technology supply chain management, technology asset routing, and digital transformation of tech and finance institutions, enabling the industry to strengthen and grow. At the same time, Nisun continues to deepen the field of industry segmentation through industrial and financial integration, by cultivating and creating an ecosystem of openness and empowerment. Nisun has built a linked platform that incorporates supply chain, banking, securities, trust, insurance, funds, state-owned enterprises, among other businesses. Focusing on industry-finance linkages, Nisun aims to serve the upstream and downstream of the industrial supply chain while also assisting with supply-side sub-sector reform. For more information, please visit http://ir.nisun-international.com. This post contains sponsored advertising content. This content is for informational purposes only and not intended to be investing advice. Contact Details TraDigital IR info@tradigitalir.com Company Website https://tradigitalir.com/

September 08, 2022 09:00 AM Eastern Daylight Time

Article thumbnail News Release

Lucidity makes cloud storage smarter as it secures $5.3m funding round

Lucidity

Nearly half of businesses are migrating their data to the cloud to create a competitive advantage and remain innovative. However, Cloud comes with its own set of challenges if not managed well. And to deliver the elusive ROI from cloud, cloud storage orchestration platform Lucidity has been helping businesses get truly cloud-native. The startup is today announcing a $5.3M seed funding round led by AlphaWave Investments with participation from Beenext, Blume Ventures, BoldCapital, NuVentures and Sparrow Capital to help ramp its international expansion plans. This funding round follows a $500k pre-seed round led by Beenext in 2021 along with 10+ super angels. Lucidity has built a “NoOps” orchestration layer that can sit on top of cloud storage making storage faster, efficient and cheaper, while enabling cloud-native functionalities. Using Lucidity, businesses will be able to unlock their block storage capabilities making it 70% cheaper and 10X faster with zero code changes and at the click of a button. Lucidity takes care of any hassle of storage provisioning and eliminates any potential downtime which could lead to business and reputation loss. Lucidity was envisioned by Vatsal Rastogi, who had gained extensive experience working as a developer at Azure, Microsoft and then later, working closely with the infrastructure team at Swiggy. He teamed up with Nitin Bhaduria, who has spearheaded the growth of multiple SaaS platforms from scratch, with his last role as the Head of Sales in Tracxn. Together, they established the company in 2021, as the duo brought Lucidity to life. Nitin Bhadauria, co-founder of Lucidity, commented: “Post the pandemic, businesses flocked aggressively to the cloud to ensure business continuity. However, the vast majority resorted to a ‘lift & shift of data’ approach for a quick migration. Whilst this provided a quick fix, they remain elusive of the ROI promised by cloud vendors. Lucidity is unlocking the ROI of cloud storage at a click of a button. “70% of the storage costs are wasted today because of manual cloud management and risks of downtime. And to add to that challenge, the skill curve required to adopt a cloud-first culture with the teams becomes an added barrier. Lucidity is solving these problems and much more”. Dirk van Quaquebeke, Managing Partner at BeeNext, commented: "Lucidity positions themselves at the interesting intersection of what I call cloud transient where large enterprises transition from on-prem to cloud and there is a lot of slack to be captured in terms of value. Lucidity is building something that will have a very strong GTM fit in a market that is extremely large and global in nature. How Lucidity identifies and solidifies their problem statement alongside their clients gives us a lot of comfort in them." Andrew C. Martinez, Alpha Wave Global, stated, ”Lucidity makes cloud storage management, not only more streamlined and reliable, but also increases cloud storage performance while saving a significant amount of money. What was more impressive for us is that this wasn't just a theoretical concept, but rather something on full display as proof of concepts with customers who are now onboarding on the Lucidity platform” About Lucidity Lucidity is the most trusted software-defined storage NoOps orchestrator. It unlocks cloud block storage capabilities making cloud storage reliable, performant, and economical with zero effort. With its industry-first multi-cloud “Auto-Scaler”, Lucidity helps Enterprises, DevOps and FinOps teams instantly observe their block storage to become 70% cheaper, 10X faster and eliminate downtime with zero code changes.Lucidity enables cloud optimization even for your legacy applications, as infra ops teams can now unlock cloud-native functionalities for block storage apps without any code changes. IT managers, VP Infrastructure, IT Directors and leading CIOs alike have all trusted Lucidity in becoming cloud-ready and have adopted the NoOps cloud experience. If you would like to be a part of the NoOps cloud experience as well, visit us at www.lucidity.cloud Contact Details Lucidity Bilal Mahmood +44 7714 007257 b.mahmood@stockwoodstrategy.com Company Website https://www.lucidity.cloud/

September 08, 2022 07:00 AM Eastern Daylight Time

Image
Article thumbnail News Release

OPPO Collaborates with Artist Julian Stanczak to Provide Aquamorphic Wallpaper in ColorOS 13

OPPO

SHENZHEN, CHINA - Media OutReach - 8 September 2022 - Following the release of ColorOS 13, OPPO today unveils a new Aquamorphic Wallpaper[i] in collaboration with the estate of Op Art artist Julian Stanczak (1928-2017) with Stanczak’s work Blue Diffusion # 2 on OPPO Theme Store Art+ Channel. The wallpaper features the iconic blue tones of the ColorOS Aquamorphic Design combined with Julian Stanczak’s mastery of color, giving users visual enjoyment and a unique aesthetic experience. As one of the founders of the international Op Art movement and a master of color, Julian Stanczak made paintings that prompt a visual, psychological, and emotional response in the viewer. In this collaboration, the Aquamorphic Wallpaper operates seamlessly with the Aquamorphic concept in ColorOS 13. Stanczak’s reverence for color comes from a desire to translate the drama and power of nature into a universal impression, which highly echoes the intention behind the Aquamorphic Design. Inspired by water (the natural and organic element of nature), the Aquamorphic Design is to provide a fluid, vibrant and inclusive user experience by vitalizing users when using the phone. The energy of the different wavelengths of light shown in the Aquamorphic Wallpaper is intuitive and abstract, yet private in everyone’s experience and use, providing an artistic and natural experience for ColorOS 13 users. Available on OPPO Theme Store Art+ Channel “ Building dialogue through product and time is what makes a design good. It should be able to respond to people’s psychological needs in the moment”, as Xi Zeng, OPPO’s Director of Software Design said. “The wallpaper collaboration of Julian Stanczak and OPPO incorporates nature, art, and technology to create a digital experience that encourages self-reflection, inspiration, and vitality.” In addition to the Aquamorphic Wallpaper, ColorOS 13 offers other wallpaper options, such as Blossom Wallpaper, providing a visually aesthetic experience while focusing on users’ digital well-being. The new operating system just released on 18th August also includes other smart features such as Multi-Screen Connect, a range of updates on Always-On Display, Meeting Assistant, and a brand-new Aquamorphic Design to better serve 500 million global users. [i] This will be available in the OPPO Theme Store Art+ Channel for selected regions/countries including: India,Thailand,Singapore,Malaysia and Indonesia. About OPPO OPPO is a leading global smart device brand. Since the launch of its first mobile phone - “Smiley Face” - in 2008, OPPO has been in relentless pursuit of the perfect synergy of aesthetic satisfaction and innovative technology. Today, OPPO provides a wide range of smart devices spearheaded by the Find X and Reno series. Beyond devices, OPPO also provides its users with ColorOS operating system and internet services such as OPPO Cloud and OPPO+. OPPO has footprints in more than 60 countries and regions, with more than 40,000 employees dedicated to creating a better life for customers around the world. About ColorOS ColorOS is a highly customized, efficient, intelligent, and richly designed Android-based mobile OS from OPPO. With over 500 million global monthly active users, ColorOS supports 67 languages, including English, Hindi, Thai, and Indonesian. Contact Details Media Contact press@oppo.com Company Website https://oppo.com/en/proposal/

September 08, 2022 05:00 AM Eastern Daylight Time

Image
1 ... 429430431432433 ... 654