Digitalization Archives - Page 27 of 50

Society Pass’ (Nasdaq: SOPA) Thoughtful Media Group Launches The Creator Economy in the Indonesian Market

Society Pass Inc (Nasdaq: SOPA), Southeast Asia (SEA)’s next generation, data-driven, loyalty, fintech and e-commerce ecosystem, announces the official launch of its digital advertising platform, Thoughtful Media Group Inc (TMG), in the Indonesian market. TMG will introduce its new Indonesia management team and business model at a media presentation in Jakarta on 05 April 2023.

Established in 2021 as an international caliber design and branding agency serving innovative Indonesian companies in the beauty, F&B, e-commerce, and logistics sectors and acquired by TMG in December 2022, More Media has been integrated into Thoughtful Media Group Indonesia (TMGI) connecting content creators and brands in the world’s fourth most populous country. By rapidly deploying value-added services, possessing an intimate understanding of local market trends, focusing on the art of storytelling, TMGI has quickly onboarded a diverse list of local clients such as Langsre, Emilia, Kei Dining, and Allino.

Pamela Aw-Yeung, TMG Vice-Chairwoman, states, “We are very pleased to welcome More Media into the TMG ecosystem. By combining TMGI’s market-leading design and branding capabilities in Indonesia with TMG’s influencer advertising-focused social commerce business model, we leverage our storytelling capabilities for local, regional and international advertisers seeking to market in Indonesia. TMG now operates in Thailand, Vietnam, and Indonesia.”

Responsible for driving sales and onboarding Indonesian clients onto TMG’s regional digital advertising platform, Ms. Eugenia Agnes Gusti, the Co-Founder of More Media and VP of Business Development of TMGI, comments, “Our local team’s unique advantage is that we are led by amazing heroines with significant experience in the fields of branding and media in this country”. Ms. Erlinda Gutami, TMGI Indonesia Country Manager, expounds, “With the explosion of influencer advertising and social commerce across SEA, especially in Indonesia, TMGI emphasises the importance of theme of “Connection” for brands and influencers to build loyal audiences/users over time”.

TMGI is uniquely positioned to become Indonesia’s premier regional digital advertising agency offering a significant value proposition to advertisers, merchants, and influencers in SEA’s largest economy. Well positioned to benefit from Indonesia’s forecast soaring digital advertising revenues over the next decade as increasingly more consumers make direct purchases on social media platforms, TMGI collaborates with social media platforms, advertisers and influencers to develop the entire creator economy in Indonesia.

About Thoughtful Media Group (TMG)

Founded in 2010, Thoughtful Media Group is a leading digital advertising platform in SEA. Through our network of talented creators across multiple industries in Thailand, Vietnam and Indonesia, we help brands maximise marketing budgets and achieve business objectives through some of the most innovative marketing campaigns in the region.

In 2022, Society Pass (Nasdaq: SOPA), the next generation acquisition-focused fintech and e-commerce ecosystem in SEA, acquired Thoughtful Media Group. Since then, TMG has fully evolved into a digital-first and fully integrated advertising powerhouse.

For more information, please visit:
Website at www.thoughtfulmedia.com
LinkedIn at https://www.linkedin.com/company/thoughtful-media-group-inc or
Instagram at https://www.instagram.com/thoughtfulmedia/ or
Facebook at https://www.facebook.com/thoughtfulmediaasia or
Twitter at https://twitter.com/ThoughtfulMedia.

About Society Pass

Founded in 2018 as a data-driven loyalty, fintech and e-commerce ecosystem in the fast-growing markets of Vietnam, Indonesia, Philippines, Singapore and Thailand, which account for more than 80% of the SEA population, and with offices located in Angeles, Bangkok, Ho Chi Minh City, Jakarta, Manila, and Singapore, Society Pass Incorporated (Nasdaq: SOPA) is an acquisition-focused holding company operating 6 interconnected verticals (loyalty, digital media, travel, telecoms, lifestyle, and F&B), which seamlessly connects millions of registered consumers and hundreds of thousands of registered merchants/brands across multiple product and service categories throughout SEA.

Society Pass completed an initial public offering and began trading on the Nasdaq under the ticker SOPA in November 2021. SOPA shares were added to the Russell 2000 index in December 2021.

SoPa acquires fast growing e-commerce companies and expands its user base across a robust product and service ecosystem. SoPa integrates these complementary businesses through its signature Society Pass fintech platform and circulation of its universal loyalty points or Society Points, which has entered beta testing and is expected to launch broadly at the beginning of 2023. Society Pass loyalty program members earn and redeem Society Points and receive personalised promotions based on SoPa’s data capabilities and understanding of consumer shopping behaviour. SoPa has amassed more than 3.3 million registered consumers and over 205,000 registered merchants and brands. It has invested 2+ years building proprietary IT architecture to effectively scale and support its consumers, merchants, and acquisitions.

Society Pass leverages technology to tailor a more personalised experience for customers in the purchase journey and to transform the entire retail value chain in SEA. SoPa operates Thoughtful Media Group, a Thailand-based, a social commerce-focused, premium digital video multi-platform network; NusaTrip, a leading Indonesia-based Online Travel Agency; Gorilla Networks, a Singapore-based, web3-enabled mobile blockchain network operator; Leflair.com, Vietnam’s leading lifestyle e-commerce platform; Pushkart.ph, a popular grocery delivery company in Philippines; Handycart.vn, a leading online restaurant delivery service based in Vietnam; and Mangan.ph, a leading local restaurant delivery service in Philippines.

For more information on Society Pass, please visit:
Website at https://www.thesocietypass.com or
LinkedIn at https://www.linkedin.com/company/societypass or
Facebook at https://www.facebook.com/thesocietypass or
Twitter at https://twitter.com/society_pass or
Instagram at https://www.instagram.com/societypass/.

Media Contact:
Ms. Eugenia Agnes Gusti
agnes@thoughtfulmedia.com

Cleverbridge Appoints Dr. Markus A. Wesel as Its Chief Financial Officer

Cleverbridge is pleased to appoint Dr. Markus A. Wesel as its new Chief Financial Officer.

Dr. Markus A. Wesel, Cleverbridge Chief Financial Officer

Markus joins at an exciting time for Cleverbridge and marks another important step in Cleverbridge’s journey to becoming the internet’s leading customer success platform.

He is the latest addition to Cleverbridge’s experienced and innovative leadership team consisting of CEO Wendi C. Sturgis, CTO Radu Immenroth, CCO Happy Luther, CPO Alexander Brochier, and CSO JC Capote.

Cleverbridge was founded in Cologne, Germany, and Chicago, Illinois, in 2005. Since then, Cleverbridge has grown to 300+ employees worldwide with 1.5 million monthly transactions and joined forces with equity partners EMH in 2020.

“I am excited to join Cleverbridge as it continues to grow and strive to make it easy for our clients to grow their revenue and customer lifetime value. I am confident that we can continue to grow profitability and take the next step as we continue establishing ourselves as the leaders in this space,” Markus said. “There is an excellent and stable financial platform and team to enable the ambitious growth and development targets for 2023 and beyond.”

Joining from CENIT, where he held the role of CFO, he brings 15 years of experience including capital market experience. Markus has held senior executive positions at several high-performing tech companies, having begun his career in the consulting world with PWC. He has also acted as an Associate Professor and Lecturer at several well-renowned German institutions.

“Cleverbridge has one of the world’s leading all-in-one CLV Growth solutions for B2B and B2C companies, and we’re excited to take the next step in our growth trajectory enabled by new technologies and our stable platform with an uptime of 99.99% in 2022,” said Cleverbridge CEO, Wendi Sturgis. “With Markus joining the team, we are ensuring we can maintain our excellent financial platform and profitable growth trajectory.”

More about Cleverbridge
Cleverbridge is the CLV Growth Company. We support customer success and sales teams to accelerate revenue growth and reduce churn without adding headcount. We do this by processing transactions and automating renewals without human intervention while augmenting your existing stack through the addition of AI-enabled automation to balance resource constraints. We provide you with all the solutions you will need to go to market in 180 markets worldwide successfully. For more information on Cleverbridge, please visit www.cleverbridge.com.

Contact Information:
Lennard Hulsbos
VP Marketing & Design
lennard.hulsbos@cleverbridge.com
+31639043809

SOURCE: Cleverbridge

Society Pass’ (Nasdaq: SOPA) Thoughtful Media Group Launches in Vietnam Market, Revolutionizing the Creator Economy with Integrated Marketing Services

Founded in 2010, TMG pioneered the use of multi-channel network for content creators in the Asian market. After being acquired by SOPA in July 2022, TMG has transformed into a multi-platform integrated advertising platform connecting content creators and brands.

With headquarters in Bangkok, Thailand, TMG has expanded its ecosystem of integrated advertising services to include Vietnam and Indonesia. Through a network of talented creators across multiple industries, TMG assists brands and merchants to build their businesses from awareness to effective conversion.

Mr. Rokas Sidlauskas, Chief Marketing Officer of SOPA Group, announced the launch of TMG in Vietnam, stating, “After almost one year of being acquired and joining the SOPA ecosystem, TMG has become a vital part of our integrated advertising and digital strategy. As a digital marketing powerhouse, TMG not only provides innovative marketing and branding services, but also helps other ventures in the SOPA ecosystem grow and acquire customers faster. Through strategic partnerships with SOPA’s sister companies in other verticals, TMG generates additional benefits for users, such as our leading lifestyle platform Leflair. By partnering with TMG, Leflair leverages the TMG network of talented creators to review and sell their products across multiple online platforms like Youtube and Tiktok. SOPA is fully committed to the growth of TMG in SEA, and we are excited to see the innovative marketing campaigns that the new TMG after restructuring will bring to the region.”

“Cultivating Vietnam’s vast potential in the digital transformation is at the forefront of TMG’s mission,” said Thao Ngo, Representative of TMG Vietnam. “With our wealth of experience and deep understanding of the local Vietnamese market, TMG Vietnam provides brands and advertisers with top-notch services to maximise the effectiveness of their marketing budgets. By offering strategic advice and premium advertising services, TMG connects brands with consumers more efficiently, enabling them to expand their marketing businesses and tap into the full potential of the region.”

Since joining the SOPA ecosystem, TMG has gained access to greater financial resources and technological capabilities of its parent company. And this access has enabled TMG to expand rapidly into new markets, upgrade its service offerings. Following its corporate restructuring, TMG has become a fully integrated marketing powerhouse with four core businesses: Online Platforms, Premium Brands, Social-selling, and Sports Marketing.

With its unique values of technological innovation, diverse content, and approaches through a network of talented creators, TMG Vietnam attracts bright talents, create and introduce them to the market through strategic content directions and massive online reach. TMG’s premium marketing services help brands interact with consumers more effectively, thereby boosting business performances and bringing the awareness of those companies beyond Vietnam and out to the region.

About Thoughtful Media Group (TMG)

About Society Pass

Society Pass completed an initial public offering and began trading on the Nasdaq under the ticker SOPA in November 2021. SOPA shares were added to the Russell 2000 index in December 2021.

Media Contact:
Public Relations Representative
Ms. Ha Nguyen – 0903 988579
hanguyen@sunrisesvn.com

NeutraDC enters a Memorandum of Understanding (MOU) with China Mobile International

NeutraDC, a brand of PT Telkom Data Ekosistem (TDE), has entered a Memorandum of Understanding (MOU) with China Mobile International (CMI), a subsidiary of China Mobile, one of the largest telecommunications companies in the world.

According to the terms of the MOU, NeutraDC and CMI will work together to develop strategic solutions that meet the specific needs of Chinese companies in the Indonesian market. They will do this by utilizing their combined expertise and data center and network capabilities. Both companies will also explore opportunities for data center development and expansion in the region.

“This partnership is an important step in Indonesia’s digital economy,” said Andreuw Th.A.F, CEO of NeutraDC. “We have extensive experience supporting Chinese businesses in this region and understand the challenges they face. Through this Memorandum of Understanding, we will provide Chinese companies with a comprehensive solution to enter the Southeast Asian market, along with knowledge and support to help them navigate the complexities of doing business in the region.”

“It is very exciting to have this opportunity to collaborate with NeutraDC to provide our customers with even more comprehensive and innovative solutions to expand their business to Southeast Asia,” said Daniel Zhang, Managing Director of CMI Indonesia.

NeutraDC offers a pathway for customers to access Indonesia’s large and lucrative digital economy. A TDE brand, NeutraDC offers a hub of TDE’s data centre resources in Indonesia, a digital ecosystem where any party (including hyperscale players) can tap integrated digital infrastructure with comprehensive network connectivity. With over 171 million active internet users, Indonesia presents a huge potential market under the strong economic ties between China and Indonesia.

Over the past decade, Chinese companies have embraced Indonesia’s digital economy by investing in the start-ups and innovative companies that emerging in areas such as e-commerce, OTT, fintech, and digital entertainment.

Pictured, left to right:

Terry LEUNG, Deputy Head of Enterprise Business, CMI
Lei REN, Division Head of Planning & Development, CMI
Andrew NIU, Chief Partnership Officer, Carrier Business, CMI
Weizhong SHEN, Director & Executive Vice President, CMI
Daniel ZHANG, Managing Director of CMI Indonesia
Andreuw Th.A.F, Chief Executive Officer, Telkom Data Ekosistem (NeutraDC)
Bogi Witjaksono, Director of Wholesale & International Service, Telkom Indonesia
Michael Hu, Chief Commercial Officer, Telkom Data Ekosistem (NeutraDC)
Daniel Syafril, AVP Corporate Secretary, Directorate Wholesale & International Service, Telkom Indonesia

NOTES TO EDITORS

Indonesia is the largest economy in Southeast Asia, and its digital economy has been growing rapidly, with a compound annual growth rate (CAGR) of 25% between 2015 and 2019, according to a research report by Google, Temasek, and Bain & Company. This growth has been driven by factors such as a large and young population, rising middle class, increasing smartphone penetration, and government support for the digital economy.
Chinese e-commerce giant Alibaba has invested in Indonesian e-commerce platform Tokopedia, while Tencent has invested in ride-hailing company Gojek and digital payments platform OVO. Other Chinese companies, such as Huawei and ZTE, have also been investing in Indonesia’s telecommunications infrastructure.
The Chinese government actively promotes cooperation with Indonesia in the digital economy, through initiatives such as the China-Indonesia Industrial Park. These initiatives aim to enhance connectivity and facilitate trade and investment between China and Indonesia, including in the digital economy sector.
The partnership can provide Chinese enterprises with end-to-end solutions, from infrastructure to applications, and from connectivity to cloud services, to enable them to set up and expand their businesses in the Southeast Asian region.
Additionally, the partnership can provide Chinese enterprises with local knowledge, support, and expertise to navigate the complexities of doing business in Southeast Asia, including language barriers, cultural differences, and regulatory environments.

About NeutraDC

NeutraDC offers direct access to network infrastructure, cloud providers, and large-scale storage space, with scalable solutions that empower businesses to pivot quickly and stay agile in response to changing markets and customer needs. With NeutraDC, businesses can grow their workloads in the cloud, while ensuring that their most sensitive data and applications remain on private servers. NeutraDC’s resources include 28 data centres consisting of 5 global data centres and 3 Enterprise Data Centers (Sentul, Serpong, and Surabaya) with Tier 3 and 4 classifications, 2 Hyperscale Data Centers (Cikarang and Batam) that has global standards certified by Uptime Tier III & Tier IV for global players, along with 19 neuCentrIX located in various cities in Indonesia. We offer a reliable gateway and direct access to one of Southeast Asia’s largest and fastest-growing digital economies, helping businesses to tap into Indonesia’s 171 million digital users and enterprises. Visit neutradc.com for more information.

About China Mobile International

China Mobile International Limited (CMI) is a wholly-owned subsidiary of China Mobile. In order to provide better services to meet the growing demand in the international telecommunications market, China Mobile established CMI in December 2010, headquartered in Hong Kong, China. CMI has expanded its footprint in 36 countries and regions.

Leveraging the strong support by China Mobile, CMI is a trusted partner that provides comprehensive international information services and solutions to international enterprises, carriers and mobile users.

To download the high-resolution image, click here.

MEDIA CONTACTS
Singapore: Illka Gobius, WhatsApp +65 9769 8370, email illka@pinpointpr.sg
Jakarta: Windy Oktaviani, WhatsApp +62 811-9109-266, email windy@pinpointpr.sg

New Digital Badge Program Elevates Cority Software Users as Platform Experts

Online learning tool boosts employee engagement, enables sharable verification of skills

Leading global enterprise EHS (Environmental Health & Safety) software provider Cority announced today the launch of a Digital Badge Program to enable Cority users to celebrate training accomplishments and visually demonstrate their proficiency with Cority’s best-in-class platform. As adoption of Cority’s products grows across a spectrum of industries worldwide, the new program allows users to earn virtual badges, publicly share their successes, and immediately validate their expertise. Companies in turn gain assurance that employees are current with core competencies that impact daily operations, boost productivity, and increase profitability.

The Digital Badge Program is the latest employee-centric approach to EHS training from Cority Academy, which began in January 2022. The online learning platform, which employs gamification to engage employees with dynamic modules and quizzes, teaches Cority customers how to effectively use, adopt, and optimize the broad spectrum of EHS, Sustainability, and Quality software solutions that Cority offers.

Online learning and digital badging are powerful tools for employee engagement and professional development. A recent study from Research.com found that 90 percent of poll respondents preferred online learning to traditional learning methods, finding it more conducive to learning on the job.

“Cority is committed to providing users with unparalleled online learning tools that elevate their experience and benefit their organizations,” said Amanda Smith, Cority’s vice president of solutions marketing and enablement. “We partner with customers to empower people to make a difference and ensure employees are set up for success by creating customized programs that grow and flex with the unique and ever-evolving needs of the organization.”

Seventeen badges, awarded for proficiency in topic areas ranging from individual clouds, such as Safety or Environmental, to platform-centric tools such as Business Rules, are available today, and more are being planned. Users earn badges when they complete any of Cority’s curated learning paths and achieve a minimum score of 80.

Digital badges provide their earners with the ability to showcase their credentials with others virtually – on social media, as a direct link with potential employers, and as an addition to an email signature.

Each digital badge has a unique URL that includes metadata verifying the badge issuer and recipient, as well as the criteria for earning the badge. This allows current and prospective employers to validate a Cority digital badge holder’s competencies and skills with a single click.

Cority’s consistent recognition as a leader in Verdantix’s benchmark Green Quadrant for EHS Software report over the past five years has led many organizations to increasingly view its platform as an industry standard and seek employees trained to leverage its solutions.

“Experience with the software is in high demand, creating a valuable opportunity for our users,” added Smith. “Not only can they become internal experts and resources for existing teams, but they can also publicly showcase their sought-after skills.”

Standing out in today’s competitive market is critical, and according to a study by LinkedIn, profiles with certifications and badges are viewed six times more often than the average profile.

The Digital Badge Program’s pilot launched on March 27. The program is set to be available to all Cority customers by April 10.

Contact Information
Meredith Schweitzer
mschweitzer@66and.co
3476989196

SOURCE: Cority Software Inc.

FeedbackFruits Launches the Enhanced Version of Their Team Based Learning Tool for Digitizing Collaboration

The new Team Based Learning tool aims to drive student engagement and collaboration through streamlining team-based learning across modalities.

FeedbackFruits has released the new Team Based Learning, an LMS-integrated tool designed to digitize and scale collaborative learning across all course sizes and modalities.

Team Based Learning supports and enhances the facilitation of the entire team-based learning (TBL) process, a collaborative learning approach that gives students the possibility to apply their knowledge to solve single or multiple problems.

The development of the tool was initiated in collaboration with Deakin University and IE Business School, where TBL is one of the prominent pedagogical approaches. Both institutions wanted to develop an easy-to-use, LMS-integrated tool to accommodate different elements of TBL. The initial version of the tool was launched to help automate the individual Readiness Assurance Test (iRAT) and team Readiness Assurance Test (tRAT). FeedbackFruits then continued to work with Deakin University over the past year to further expand the tool’s capacity to cover all the major steps of the TBL process.

The new Team Based Learning presents several functionalities that support and optimize each stage of the TBL process. With the ability to add engaging pre-work assignments, adjust activity timing, decide on group representatives, and configure peer evaluation steps, instructors can streamline a complete collaborative activity in any modality. At the same time, students enjoy a meaningful learning experience where collaboration, autonomy, and accountability are maintained.

Dr. Svetlana Stevanovic emphasized the tool’s capacity for facilitating meaningful collaborative activities:

“I used FeedbackFruits for my first-year unit. The unit has a team-based learning component where students are expected to collaborate to reach a consensus on a specific topic/research question. They are required to do some reading before the class. The unit runs online and in person. I used Team Based Learning to facilitate peer assessment and integrate the quiz into the studio. The enrollment process worked well and enabled students to participate in groups. Students were actively engaged and liked the classes.”

For Joost Verdoorn, Chief Product Officer of FeedbackFruits, the launch marks an exciting chapter in the company’s story of driving effective pedagogy: “With this release, we show that FeedbackFruits is dedicated to supporting innovative and proven teaching methods, allowing students worldwide to enjoy better and more meaningful learning experiences.”

Since its first iteration, the tool has been adopted at 39 institutions worldwide and helped faculties create 197 courses with 865 TBL activities.

About FeedbackFruits
FeedbackFruits is an EdTech scale-up based in Amsterdam whose mission is to drive student engagement while increasing teacher productivity. The platform encompasses a range of learning activities such as self & peer assessment, online discussion, and team-based learning. The company is currently supporting over 100 institutions worldwide with 90+ employees. For more information, press only: marketing@feedbackfruits.com

Contact Information
Irmak Ozgenoglu
Marketing Manager
irmak@feedbackfruits.com

SOURCE: FeedbackFruits

CleverTap Gaming Unveiled at GDC 2023

CleverTap, the all-in-one customer engagement platform, today at Game Developers Conference 2023 unveiled CleverTap Gaming – soon to go live in the summer of 2023. Through full player management, the latest offering will help boost revenue from LiveOps, Lifecycle Marketing, and Remote Configuration by 3x with personalization across the entire player journey. The platform is powered by TesseractDB™, CleverTap’s proprietary data engine, which is built for real time triggering & segmentation with high performance, low latency, and massive economies of scale.

CleverTap Gaming brings holistic and sophisticated multi-channel campaigns inside and outside the in-game experience. With a simplified UI, it reduces the dependence on technical teams and increases operational efficiency. By leveraging CleverTap’s proprietary TesseractDB™, it offers rich granularity with unlimited data points and no restrictions on lookback period. Previously, the lack of these features could have been a limiting factor for game studios trying to maximize retention and lifetime value, but CleverTap Gaming unlocks these use cases enabling game studios to scale their personalization efforts to new heights. Also, given its versatility, CleverTap Gaming offers a vast array of benefits within various functions in typical game studios:

1. LiveOps: With over 2000 unique player attributes (10x more than industry average), LiveOps Managers can improve the relevance of their offers with much more granular insights into user behavior and preferences.

2. Marketing: Consumers have vastly different preferences and a single journey does not fit each and every one of them. As such, conditional logic, advanced branching, and unified composition flow across all channels can help marketers plan campaigns with contingencies in mind. The advanced segmentation feature can also help marketers create better targeted campaigns from the outset.

3. Development: The ability to integrate with existing backend solutions lowers the barrier to transition for gaming studios with other solutions. Native Unity SDK means the platform can enhance developer productivity and shorten release cycles considerably.

“Modern gaming is evolving. They are no longer static endpoints – and with features like LiveOps and Remote Configuration, developers are empowered to make changes in real time without the constraints of approvals and a relaunch.” said Lawrence Hsieh, Principal Product Manager at MobilityWare. “CleverTap Gaming gives us an all-in-one cost effective solution that ensures consistency and efficiency while not only developing, but also promoting an update.”

“With over 2.6 billion mobile game players globally, it is only a matter of time before the growth trajectory flattens out and retention becomes a bigger area of focus. We hope that CleverTap Gaming can accompany those studios looking to stay ahead of the curve by maximizing their pre-existing user base via personalized and relevant messaging.” said Sunil Thomas, Co-founder and Executive Chairman at CleverTap. “When we acquired Leanplum last year, we looked to strengthen our footprint within various verticals and geographies. CleverTap Gaming is another step in this direction, and we are confident that it will further accelerate our growth journey.”

About CleverTap Gaming, powered by Leanplum

CleverTap Gaming is powered by Leanplum and helps gaming studios achieve engagement and revenue goals by providing the tools and expertise to deliver more personalized player experiences at scale. Learn more about what CleverTap can do for your brand at clevertap.com. For a platform demo, visit clevertap.com/live-product-demo/

About CleverTap

CleverTap is the all-in-one customer engagement platform that helps brands personalize and optimize all consumer touch points to improve user engagement, retention, and lifetime value. It’s the only solution built to address the needs of retention and growth teams, with audience analytics, deep-segmentation, multi-channel engagement, product recommendations, and automation in one unified product.

The platform is powered by TesseractDB™ – the world’s first purpose-built database for customer engagement, offering both speed and economies of scale.

CleverTap is trusted by 2000 customers, including Electronic Arts, TiltingPoint, Gamebasics, Big Fish, MobilityWare, TED, English Premier League, TD Bank, Carousell, AirAsia, Papa Johns, and Tesco.

Backed by leading investors such as Sequoia India, Tiger Global, Accel, and CDPQ the company is headquartered in Mountain View, California, with presence in San Francisco, New York, São Paulo, Bogota, London, Amsterdam, Sofia, Dubai, Mumbai, Singapore, and Jakarta. For more information, visit clevertap.com or follow on LinkedIn and Twitter.

Forward-Looking Statements

Some of the statements in this press release may represent CleverTap’s belief in connection with future events and may be forward-looking statements, or statements of future expectations based on currently available information. CleverTap cautions that such statements are naturally subject to risks and uncertainties that could result in the actual outcome being absolutely different from the results anticipated by the statements mentioned in the press release.

Factors such as the development of general economic conditions affecting our business, future market conditions, our ability to maintain cost advantages, uncertainty with respect to earnings, corporate actions, client concentration, reduced demand, liability or damages in our service contracts, unusual catastrophic loss events, war, political instability, changes in government policies or laws, legal restrictions impacting our business, impact of pandemic, epidemic, any natural calamity and other factors that are naturally beyond our control, changes in the capital markets and other circumstances may cause the actual events or results to be materially different, from those anticipated by such statements. CleverTap does not make any representation or warranty, express or implied, as to the accuracy, completeness or updated or revised status of such statements. Therefore, in no case whatsoever will CleverTap and its affiliate companies be liable to anyone for any decision made or action taken in conjunction.

For more information:
SONY SHETTY
Director, Public Relations, CleverTap
+91 9820900036
sony@clevertap.com

VISHAAL MUDHOLKAR
Consultant
Archetype
+91 9724309069
vishaal.mudholkar@archetype.co

Anglepoint Launches ServiceNow App: IBM Licensing for Software Asset Management

The App Provides Enhanced Abilities to Discover and Classify IBM Products

Anglepoint, the leading Software Asset Management (SAM) services provider to the Fortune 500 and Global 2000, has launched its first app on the ServiceNow app store, IBM Licensing for Software Asset Management. This app, combined with Anglepoint’s IBM Managed Service, offers the ability to identify, measure, and track IBM’s software natively within ServiceNow. The app is available now in the ServiceNow Store as part of the ServiceNow “Utah” release and is a companion app to ServiceNow’s IBM License Compliance for Software Asset Management app.

For customers who are also under IBM’s Authorized SAM Provider program (IASP) with an Anglepoint managed service, IBM may accept this solution as a replacement to ILMT for sub-capacity reporting.

Anglepoint Vice President Mari Petersen says, “As a leader in the Gartner Magic Quadrant three years in a row, Anglepoint is the premier organization to provide solutions to our clients that best meet their needs and benefit their ITAM Programs. For organizations who have or are considering investing in the ServiceNow platform and services for IBM software asset management, this app is the obvious solution. Connecting Anglepoint’s unparalleled expertise in IBM licensing with the power of the ServiceNow solution provides customers with the opportunity to understand how to optimize their IBM software licensing spend.”

Key features and benefits of the IBM Licensing for Software Asset Management app include:

Measure IBM sub-capacity (under the IASP program only)
Access IBM licensing expertise
Simplify license management
Gain confidence and visibility of IBM assets within ServiceNow SAMP
Identify opportunities for cost reduction

The launch of the app in partnership with ServiceNow provides IBM customers a solution that leverages the full power of the ServiceNow platform.

To access the free app, customers will need to be using the newest version of ServiceNow “Utah” and engage with Anglepoint for an IBM Managed Service. To learn more about this solution, please contact Anglepoint at servicenow@anglepoint.com.

ABOUT ANGLEPOINT
Anglepoint is the leading provider of Software Asset Management & Technology Asset Management services to the Fortune 500 & Global 2000. Anglepoint’s services drive cost optimization, risk mitigation & strategic planning within the cloud, SaaS, enterprise software & hardware estates of complex hybrid IT environments. Anglepoint delivers comprehensive managed services, including SAM strategy, execution, process automation, and technology selection & implementation. Connect with Anglepoint on LinkedIn, Facebook, Twitter, and Anglepoint.com.

Contact Information
Alison Frederick
Director of Analyst Relations and Client Experience
info@anglepoint.com

SOURCE: Anglepoint

Dazz Selected as Finalist for RSA Conference 2023 Innovation Sandbox Contest

Dazz Remediation Cloud platform recognized for its innovative ability to accelerate cloud-native remediation and reduce risk for security and development teams.

Dazz, the leader in cloud security remediation, has been named one of 10 finalists for the RSA Conference(TM) 2023 Innovation Sandbox contest for its work delivering the Dazz Remediation Cloud SaaS platform. Dazz will present its technology to a panel of renowned industry judges and a live in-person audience on Monday, April 24 at RSA Conference 2023 in San Francisco.

Merav Bahat, Co-Founder and CEO, Dazz (Credit: Netanel Tobias)

Since 2005, the RSAC Innovation Sandbox has served as a platform for the most promising young cybersecurity companies to showcase their groundbreaking technologies and compete for the title of “Most Innovative Startup.” The competition is widely recognized as a catapult for success and the top 10 finalists have collectively celebrated 75 acquisitions and received $12.5 billion in investments over the last 18 years. Dazz will have three minutes to pitch to the panel of judges before a question-and-answer round.

“The RSA Conference Innovation Sandbox contest is one of the most exciting highlights of the week as we get to watch 10 of the cybersecurity industry’s best and brightest up-and-coming stars shine on stage with provocative and cutting-edge ideas,” said Linda Gray Martin, Senior Vice President, RSA Conference. “The demanding challenges and threats we face are only getting more complex in both size and severity, and we need smart, determined and skilled individuals and companies to make an impact and help tackle what lies ahead.”

The Dazz Remediation Cloud is a SaaS platform that accelerates cloud-native remediation and risk reduction for security and development teams. The company’s patented Root Cause Analysis engine uniquely analyzes data collected from the entire architecture to learn which cloud resource caused the issue seen in the cloud security tool, trace the issue back to the pipeline that was used to deploy it, and discover what triggered its build. Through the Dazz platform, security teams can quickly uncover the commit and developer who applied the change, and then share root cause context for faster, more efficient developer remediation-without any changes to the architecture. As a result, teams are able to quickly uncover blind spots in the CI/CD pipeline, shrink alert backlog, and streamline fixes right in the developer’s workflow.

Dazz emerged out of stealth in December 2021, while announcing $60 million in funding. Its investors include some of the world’s most prominent venture capital firms, such as Insight Partners, Greylock, Index Ventures, and Cyberstarts. The company already counts 25 of the Fortune 500 as customers.

“We improve the lives of cloud security and development teams by taking the pain and inefficiency out of the manual remediation process,” said Merav Bahat, co-founder and CEO of Dazz. “Instead of chasing a never-ending backlog, security teams can now rapidly prioritize the issues that matter most and communicate fixes with context to developers. On average, our customers experience MTTR improvements of 90%, their security and development teams collaborate better together with less friction, and achieve zero criticals within hours.”

The RSAC Innovation Sandbox contest kicks off at 12:00 p.m. PT on April 24, and winners will be announced at 3:00 p.m. the same day. The panel of renowned expert judges includes Niloofar Howe, Sr. Operating Partner at Energy Impact Partners; Paul Kocher, Independent Researcher; Shlomo Kramer, Co-founder and CEO, Cato Networks; Barmak Meftah, Co-Founder & General Partner at Ballistic Ventures; and Christopher Young, Executive Vice President of Business Development Strategy and Ventures at Microsoft. Hugh Thompson, Program Committee Chair of RSA Conference, will return to host the contest.

For more information regarding RSA Conference 2023, taking place at the Moscone Center in San Francisco from April 24-27, please visit https://www.rsaconference.com/usa.

About Dazz
Dazz accelerates cloud remediation for security and engineering teams. The Dazz Remediation Cloud maps your code-to-cloud pipelines, reduces your security alerts to their key root causes, and remediates issues right in the developer’s workflow. With Dazz, you gain full pipeline visibility, cut through alert noise, increase the value of existing tools, and shrink your risk window by reducing time to remediate. Visit us at dazz.io and follow us on Twitter at @dazz_io and LinkedIn at dazz-io.

About RSA Conference
RSA Conference(TM) is the premier series of global events and year-round learning for the cybersecurity community. RSAC is where the security industry converges to discuss current and future topics and gain access to the experts, unbiased content and ideas that enable individuals and companies to advance their cybersecurity posture and build stronger and smarter teams. Both in-person and online, RSAC brings the cybersecurity industry together and empowers the collective “we” to stand against cyberthreats around the world. RSAC is the ultimate marketplace for the latest technologies and hands-on educational opportunities that help industry professionals discover how to make their companies more secure while showcasing the most enterprising, influential and thought-provoking visionaries and leaders in cybersecurity today. For the most up-to-date news pertaining to the cybersecurity industry, visit www.rsaconference.com. Where the world talks security.

Contact Information
Tamar Harel
Media Consultant
tamar@shalomtelaviv.com
+972508879311

SOURCE: Dazz

Society Pass Inc (Nasdaq: SOPA) Reports Compelling 4Q 2022 and FY 2022 Financial Results

Society Pass Inc. (Nasdaq: SOPA) (“SoPa”), Southeast Asia (SEA)’s next generation, data-driven, loyalty, fintech and e-commerce ecosystem, today announces unaudited financial results for fourth quarter ended 31 December 2021 and audited financial results for the full year ended 31 December 2022 and a filing of its 2022 Form 10-K with the Securities and Exchange Commission (SEC).

Click Here (on SEC website) to view 2022 Form 10-K filing. https://www.sec.gov/ix?doc=/Archives/edgar/data/1817511/000160706223000144/sopa123122form10k.htm

Summary Points:

– 4Q 2022 revenues grew 530% year on year (from $419,062 in 4Q 2021 to $2,641,137 in 4Q 2022).
– Full year 2022 revenues grew 984% year on year (from $519,885 in full year 2021 to $5,635,553 in full year 2022).
– 4Q 2022 gross profit grew to $673,969 from -$27,328 in 4Q 2021.
– Full year 2022 gross profit grew to $966,973 from -$190,798 in full year 2021.
– 4Q 2022 gross margin percentage improved to 25.5% from -6.5% in 4Q 2021.
– Full year 2022 gross margin percentage improved to 17.2% from -36.7% in full year 2021.
– Compared to 4Q 2022 revenue growth of 530%, 4Q 2022 cash operating expenses grew only 128% year on year (from $2,072,332 in 4Q 2021 to $4,739,929 in 4Q 2022).
– Compared to full 2022 revenue growth of 984%, full year 2022 cash operating expenses grew only 323% year on year (from $4,721,048 in full year 2021 to $20,015,750 in full year 2022).
– With cash on hand of $18.9 million and book value of $20.3 million on 31 December 2022, SoPa is well capitalised for the expected roll out of Society Pass loyalty platform in 2Q 2023 and continuing acquisitions of SEA companies in loyalty, lifestyle, food & beverage delivery, telecommunications, digital media, and travel verticals for the rest of 2023.
– Since inception, SoPa has onboarded approximately 3.3 million registered consumers and approximately 205,000 registered merchants/brands onto its ever-expanding next generation digital ecosystem and loyalty platform in SEA.
– SoPa completed a total of seven acquisitions in 2022, including Thoughtful Media Group, a Thailand-based, a social commerce-focused, premium digital video multi-platform network; NusaTrip, a leading Indonesia-based Online Travel Agency; Gorilla Networks, a Singapore-based, web3-enabled mobile blockchain network operator; Pushkart.ph, a popular grocery delivery company in Philippines; Handycart.vn, a leading online restaurant delivery service based in Vietnam; Mangan.ph, a leading local restaurant delivery service in Philippines, and More Media, a Indonesia-based design and branding agency.
– SoPa now operates six verticals in SEA, namely, loyalty, lifestyle, food and beverage delivery, telecommunications, digital advertising, and travel.
– SoPa currently operates five SEA countries, namely, Singapore, Vietnam, Indonesia, Philippines and Thailand.
– SoPa currently employes approximately 250 people throughout SEA countries.

Raynauld Liang, Society Pass Inc Chief Financial Officer, explains, “Our compelling fourth quarter 2022 and full year 2022 financial results validate our acquisitions-focused business plan here in SEA. For 4Q 2022 and full year 2022, we achieved year on year revenue growth of 530% and 984%, respectively. By comparison, for 4Q 2022 and full year 2022, we recognised year on year cash operating expense growth of only 128% and 323%, respectively. In other words, despite growing at breakneck pace in the five largest economies of SEA, our revenues are growing much faster than our expenses. We focused on dramatically improving our gross margins, whilst generating outsized revenue growth in our lifestyle, digital advertising and travel businesses.

For 2023, the company’s management continues to focus on substantially improving our operating margins by driving cost efficiencies across our SoPa ecosystem and increasing revenues in our six verticals via organic growth and acquisitions. As a result, our management team forecasts achieving profitability in 2H 2023, which is a year earlier than our prior forecasts of 2H 2024.”

About Society Pass Inc.

Society Pass completed an initial public offering and began trading on the Nasdaq under the ticker SOPA in November 2021. SOPA shares were added to the Russell 2000 index in December 2021.

Use of Non-GAAP Financial Measures

In addition to financial information prepared in accordance with U.S. GAAP, this document also contains certain non-GAAP financial measures based on management’s view of performance including cash operating expenses. Management uses such measures internally for planning and forecasting purposes and to measure the performance of the Company. We believe these adjusted financial measures provide useful and meaningful information to us and investors because they enhance investors’ understanding of the continuing operating performance of our business and facilitate the comparison of performance between past and future periods. These adjusted financial measures are non-GAAP measures and should be considered in addition to, but not as a substitute for, the information prepared in accordance with U.S. GAAP. When preparing these supplemental non-GAAP financial measures we typically exclude certain GAAP items that management does not consider to be normal, recurring non-cash operating expenses.

Cautionary Note Concerning Forward-Looking Statements

This press release may include “forward-looking statements,” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact included in this press release are forward-looking statements. When used in this press release, words such as “anticipate”, “believe”, “estimate”, “expect”, “intend” and similar expressions, as they relate to us or our management team, identify forward-looking statements. Such forward-looking statements are based on the beliefs of management, as well as assumptions made by, and information currently available to, the Company’s management. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors detailed in the Company’s filings with the SEC. All subsequent written or oral forward-looking statements attributable to us or persons acting on our behalf are qualified in their entirety by this paragraph. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company’s registration statement and prospectus relating to the Company’s initial public offering filed with the SEC. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

Media Contacts:
PRecious Communications
sopa@preciouscomms.com