Category: Digitalization

Asian Accountants in Practice to Gather Virtually This Month to Transform Accounting Practices Through Technology

The Digital Practice Summit 2022 returns live online this 15th June. Asia’s only dedicated event focusing on technology transformation for accounting, bookkeeping, audit and corporate service firms, the Summit will bring together over 700 leaders virtually, to learn, network and develop strategies for success.

Throughout the day, attendees can choose from over 20 presentations and live discussion sessions, delivered by pacesetting firms who have transformed the way they work through technology. All the solution providers serious about supporting Asian accounting firms in their digitalisation journey will be there.

“As businesses continue to change the way they work and with an increased focus on new technology, it’s essential that the accounting players supporting those businesses are maximizing efficiencies and helping to drive this transformation in the finance function,” says Paul Clark, Managing Director – Asia for Terrapinn. “The Digital Practice Summit is the perfect place for accountants and bookkeepers in practice to learn more about the latest technology innovations and explore how they can help them better serve their clients.”

With two channels of content, focusing on Business Advisory and Practice Management, attendees can choose where they want to spend their time, and can watch any missed sessions on-demand for a month after the event. Expert speakers (www.terrapinn.com/virtual/digital-practice-summit/2022-Speakers.stm) who will be sharing their insights include:

– Aly Garrett, Founder, All In Advisory
– Sarah Lawrence, Founder & Managing Director, Hot Toast
– Daniel Hustler, Education Manager, Xero Asia
– Kevin Fitzgerald, Chief Revenue Officer, Spenmo
– Kooi Fai Siow, Managing Director, Eximius Ventures
– Kyelie Baxter, Managing Partner, IQ Accountants
– Yeong Seng Lim, KLP LLP
– Paul Gardner, CEO, Fresh Accounting
– Alvin Lip, Chief Financial Officer, Aspire
– YC Eng, Managing Director, YesBoss
– Willy Tan, Managing Director, Forbis Accounting
– Michelle Lombard, Chief Financial Officer, Tatler Asia
– Heather Smith, Founder, ANISE Consulting
– Lily Hii, Founder, Bookkeeping by Lily

Title Sponsor Xero, Platinum Sponsors Aspire, Intuit Quickbooks and Spenmo and more will be on hand to share more about how their technology is driving transformation in accounting. In addition to hearing their insights live on the platform, attendees will be able to visit their virtual booths to find out more and engage with their teams.

Details of the one-day virtual summit are as follows:
Digital Practice Summit Asia 2022 (www.terrapinn.com/virtual/digital-practice-summit/index.stm)
15 June 2022 | Virtual
Free-to-Attend

About Terrapinn

Terrapinn has been sparking ideas, innovations and relationships that transform business for over 30 years. Using our global footprint, we bring innovators, disrupters and change agents together, discussing and demonstrating the technology, strategies and personalities that are changing the way the world does business. Whether you’re looking to make new connections, introduce product or inspire change in your industry, we invite you to join us as agitators of change. Terrapinn – spark something.

Press attendance is complimentary. Enquiries should be directed to:
Jia Le Lim
Marketing Manager
Terrapinn Asia
jiale.lim@terrapinn.com

Society Pass (SoPa) Acquires Singapore-based Gorilla Networks, a Next-Gen Blockchain/Web3 Mobile Virtual Network Operator to Drive SEA’s Growing Demand for a New Meta-Economy Experience

  • Society Pass (SoPa) makes its first Singapore acquisition, Gorilla Networks, a leading next generation Blockchain/Web3 mobile virtual network operator (“MVNO”).
  • Gorilla Networks is the first blockchain/Web3-enabled MVNO to offer contract-free, on-demand mobile service as non-fungible tokens (“NFTs”). Users convert unused mobile data into digital assets- Gorilla GO tokens
  • With mobile data network coverage in over 160 countries, Gorilla Networks expects to dramatically increase its user base and expand throughout Southeast Asia with the rebound of the travel market in 2Q/3Q 2022
  • SoPa will incorporate Gorilla Networks’ proprietary blockchain/Web3 technology onto the rest of SoPa ecosystem to drive SEA’s growing demand for a new meta-economy experience

Society Pass Incorporated (SoPa) (Nasdaq: SOPA), Southeast Asia’s leading data driven loyalty and ecommerce ecosystem, announced today that it acquired Singapore-based Gorilla Networks Pte Ltd (Gorilla), a leading next generation Web3-enabled MVNO.

Established in Singapore in 2019, Gorilla utilises Web3 technology to operate a MVNO for its users in Southeast Asia. With network coverage to over 160 countries, Gorilla offers a full suite of mobile communication services such as local calls, international roaming, data, and SMS texting. More importantly, Gorilla enables its customers to convert unused mobile data into digital assets or Gorilla GO Tokens through its innovative proprietary blockchain-based SwitchBack feature. Gorilla GO Tokens in turn can be redeemed for eVouchers, to offset future bills, or be redeemed for other value-added services.

With the rebound of the travel market throughout Southeast Asia in 2Q/3Q 2022, Gorilla expects to dramatically increase its customer base by marketing to the region’s business and leisure travellers with its user-friendly technology platform. It plans to expand its MVNO services offering to Vietnam, Thailand, and Malaysia over the next 12 months.

Dennis Nguyen, Society Pass Founder, Chairman and Chief Executive Officer, explained, “We are excited to make our first acquisition in Singapore, and welcome Gorilla into our SoPa family. Gorilla’s technology platform aligns well with our acquisition strategy as we incorporate Gorilla’s blockchain and Web3 capabilities onto the SoPa ecosystem and enable the new meta-economy for all our portfolio companies. From our Leflair lifestyle e-commerce platform to our Pushkart/Handycart F&B delivery services, as we roll out the Society Pass loyalty platform in the coming months, we leverage Gorilla’s technology to drive customer retention for merchants and create innovative revenue models for our ecosystem.”

“When we started Gorilla Networks three years ago, our vision was to build a democratised mobile communications service platform where users regardless of nationality, home location or mobile subscription plans can access essential telecoms services such as roaming and mobile data anywhere and everywhere throughout the world. Gorilla is currently transitioning existing web 2 telco services onto the web3 economy by tokenising mobile data as digital assets. In 2021, we digitised eSIMS, data plans, and mobile numbers as NFTs, which dramatically transformed how our users purchase, interact and experience mobile services. By joining forces with SoPa’s extensive ecosystem and large user base in Southeast Asia, we are thrilled about the combined marketing capabilities we will now bring collectively to our partners and customers,” exclaimed Xanne Leo, Founder and Chief Executive Officer of Gorilla Networks.Society Pass leverages cutting edge technology to tailor an unprecedented experience for the next generation customers in the purchase journey and to transform the entire retail value chain in Southeast Asia. Through the acquisitions of market-leading companies and partnerships with visionary entrepreneurs in six distinct B2C e-commerce verticals: lifestyle, food & beverage delivery, travel, digital marketing, telecoms and food and beverage ordering, the Company meets SEA’s growing demand for a new meta-economy experience.

About Society Pass
As a loyalty and data marketing ecosystem, Society Pass operates multiple e-commerce platforms across its key markets in SEA. Its business model focuses on analysing user data through the expected launch of its Society Pass loyalty platform and circulation of its universal loyalty points, which seamlessly connects consumers and merchants across multiple product and service categories to foster organic loyalty. Since its inception, SoPa has amassed over 1.6 million registered consumers and over 5,500 registered merchants/brands on its platform. It has invested 2+ years building proprietary IT architecture with cutting edge components to effectively scale and support its consumers, merchants, and acquisitions.

Society Pass provides merchants with #HOTTAB Biz and #HOTTAB POS – a specialized POS technology solution, a comprehensive system for payment, loyal customer management, user profile analytics, and convenient financial support packages for small and medium-sized enterprises.

In addition, SoPa operates Leflair.com, Vietnam’s leading lifestyle e-commerce platform, Pushkart.ph, a popular grocery delivery company in Philippines, and Handycart.vn, a leading online restaurant delivery service based in Hanoi, Vietnam. For more information, please check out: http://thesocietypass.com/.

Media Contacts:
PRecious Communications
sopa@preciouscomms.com

SESAMi Holding acquires MyBiz in all-cash deal boosting regional footprint

  • Acquisition enables SESAMi to capture opportunities within the fast-growing transactional commerce business and be highly synergistic by giving customers even more choice.

SESAMi Holding Pte Ltd (SESAMi) announced the successful acquisition of MyBiz Solutions Sdn Bhd.

The all-cash deal is immediately profit-accretive and provides SESAMi with an additional revenue stream as well as an opportunity to strengthen SESAMi’s portfolio of businesses. The company also believes that the acquisition has the potential to significantly value-add to existing and potential customers of both SESAMi and MyBiz.

Mr Ong Teck Soon, SESAMi Holding’s Chairman and CEO said, “We have been actively exploring various strategic acquisition opportunities to strengthen SESAMi’s suite of products and services and enable the Company to provide a more robust business solution to our customers, thereby helping us grow revenue. The acquisition, when completed, is expected to enable us to capture new opportunities within the fast-growing online transactional commerce business in the region and we are confident of the industry’s significant long-term growth prospects.”

Award-winning MyBiz has emerged as an Asian leader in spend management and strategic sourcing solutions with more than 20 years of experience and expertise in their field. Their proprietary software was awarded the Procurement Consultancy Award in the World Procurement Awards 2019, as well as the “Solution Provider of the Year” in the Asia Pacific Procurement Awards in 2018. Over the years, the company has successfully delivered hundreds of millions of dollars of savings for their industry-leading clients, including companies such as Sembcorp Industries, Westpac Bank, Singapore Airlines, ST Engineering, UOB and Maybank.

SESAMi is Asia’s leader and powerhouse in providing trusted solutions for transacting commerce over the Internet for sourcing, procurement, planning and order management. Their clients include organisations in both the public and private sector ranging from industries such as healthcare, aviation, tourism and telecommunications. As the foremost commerce service provider and operator of the leading electronic hub (E-Hub), SESAMi is best positioned to facilitate and provide the advantages and efficiencies of trading online to businesses. Together with MyBiz, SESAMi will bring a fully integrated supply chain solution to corporates and their suppliers in Singapore and Malaysia in a more timely, automated and cost-efficient manner.

Following the acquisition, SESAMi expects to also add to its growing pool of tech talent that will drive innovation in the organisation to better serve its customers. In a constantly-evolving world with customers demanding the highest levels of service and product offerings, we see our people as a vitally important differentiator in staying ahead of the competition, by anticipating and adapting to situational as well as long-term trends in this space. Moving forward, the company will look to integrate financing and payment solutions to make the platform even more holistic and all-encompassing.

Mr Ong added, “MyBiz has been aptly described as the Porsche of procurement – a fast, reliable and technologically advanced platform that we see as being a natural fit to SESAMi, the largest e-procurement platform in Singapore, and a vital piece of the entire jigsaw puzzle to reshape the entire industry to become the gateway for organisations, whether buyer or supplier, to seamlessly interact and transact on a platform that is built with a commitment to enhancing efficiency, accessibility, security and equal opportunity. This acquisition will further accelerate our efforts to develop new and innovative products to capture the fast-growing transactional commerce economy and we are excited to bring even more choice, value and savings to our customers going forward.”

About SESAMi ( www.sesami.com )
SESAMi was founded in 1999 by a consortium of large corporates to develop e-sourcing and e-procurement services. Over the years, the company has consolidated its position in the e-procurement sector in Singapore, while expanding into other services like demand aggregation and e-financing. In 2018, SESAMi further expanded its technological capabilities by acquiring Capital Match, a leading lending platform in Singapore focusing on trade finance. Today, SESAMi processes around S$6bn of e-purchase orders and S$2bn of e- invoices annually on its platform with over $225M worth of origination via its e-financing program.

For media enquiries, please contact:
Donny Ong. SESAMi
Email: donny.ong@sesami.com

Derek Yeo / Wayne Koo
Email: derek@waterbrooks.com.sg / wayne.koo@waterbrooks.com.sg

TMT Offers Immersive Customer Experience with Latest Megastore in Pavilion Bukit Jalil

Flash deals offered with up to 99% off gadgets to commemorate opening

Malaysia’s largest technology retailer Thunder Match Technology Sdn. Bhd. (TMT) is happy to announce the opening of the fifth TMT Megastore at Pavilion Bukit Jalil, bringing a total number of 49 branches including flagship Megastores nationwide.

MR. LCK, Assistant Sales Director, Thunder Match Technology Sdn. Bhd.; MR. ADRIAN YU, Founder & Managing Director, Thunder Match Technology Sdn. Bhd.; DATO’ JOYCE YAP, Chief Executive Officer of Retail, Kuala Lumpur Pavillion Sdn. Bhd. [L-R]

The Company, which celebrates its 25th anniversary this year, has grown from strength to strength ever since the first TMT retail store was opened in Plaza Imbi in 1997. TMT is now a network of offline retail and ecommerce platforms offering the latest technology gadgets with a one-stop solutions concept dedicated to providing consumers and shoppers an online to offline (“O2O”) omni-channel consistent purchasing experience. The O2O omni-channel experience is a signature TMT experience.

The newly launched TMT Megastore located at Pavilion Bukit Jalil offers shoppers an exclusive retail experience with an extensive and wide range of quality technology products and gadgets. The Megastore also includes maintenance and repair services under one roof.

To commemorate the opening of the store, TMT is offering Grand Opening Star Buy from as low as RM1, Grand Opening deals with savings up to RM700 from 20-22 May and ongoing on-ground surprise events.

TMT also operates concept and experience stores for Acer, ASUS, HP, Huawei, Lenovo, OPPO, Samsung and Vivo. It is also an authorised Apple reseller and service provider.

Founder of TMT, Mr. Adrian Yu said, “This latest TMT Megastore opening continues our pursuit of connecting people to technology brands by supplying an extensive range of quality products to promote smarter living. At this location, we also have a special section with an extensive range of gaming product offerings catered to a growing gamer base. We are pleased to partner with Pavilion Bukit Jalil to bring another physical store experience to shoppers and providing the best retail and e-tail experience to meet all shoppers’ technology needs.”

“We prioritize efficiency, convenience and provide excellent shoppers experience as our employees undergo continuous training that enables us to have dedicated and knowledgeable teams in all our stores. This gives customers an immersive experience from purchasing to after-sales service as they increasingly adopt smarter living through the use of technology. Our people are there to help and to consult on what suits customer needs.”

Dato’ Joyce Yap, Chief Executive Officer of Retail, Kuala Lumpur Pavilion Sdn, Bhd said, “The everyday digital lifestyle of consumers are evolving rapidly and Pavilion Bukit Jalil strives to continuously fulfil shoppers’ needs by becoming a tech haven through having the latest and cutting-edge range of IT/tech-based products and solutions. We are thrilled to welcome TMT, one of the largest IT and tech retailers in Malaysia to Pavilion Bukit Jalil.”

“We anticipate the increase in visitor footfall further with the opening of TMT’s newest Megastore as visitors can now flock to Pavilion Bukit Jalil to shop for a wide selection of technology gadgets while enjoying the many other attractions the mall offers,” added Dato’ Joyce Yap.

TMT has been awarded “Best Sales”, “Top Excellence Dealer”, “Best Partner”, “Best Performing Store”, and “Highest Growth Store” awards from its brand partners among others.

Thunder Match Technology Sdn. Bhd.: https://www.tmt.my/

Retention Cloud Leader CleverTap Acquires Leanplum

  • New combined entity to significantly accelerate user engagement and retention capabilities for digital brands globally

CleverTap, the world’s No.1 retention cloud, today announced it has signed definitive agreements to fully acquire San Francisco based Leanplum, a leading multi-channel customer engagement platform, for an undisclosed amount.

This acquisition will make CleverTap a truly global company with development centers and customer-facing and success teams across North America, Europe, Latin America, India, South East Asia and the Middle East. Combining the product stack of the two organizations, this acquisition will enhance CleverTap’s capabilities and take its total customer base to over 1200 customers in more than 100 countries around the world. The deal is expected to close in Q2 of 2022.

Together CleverTap and Leanplum will work with digital brands to help increase their users’ engagement, retention and lifetime value by making every user experience hyper-personalized, relevant and contextual at scale in real time. As more businesses become digital-first, brands need to serve their users with delightful moments where they are, when they want and on their preferred channel. CleverTap and Leanplum will now bring real-time hyper-personalization, A/B testing and increased scalability to its omnichannel engagement, analytics and segmentation product lines. As a result, growth and marketing teams globally will now be able to utilize the only end-to-end user engagement and retention cloud platform, enabling them to break down user communication silos and increase the overall lifetime value of each user.

“We are seeing a seismic shift in the marketing technology landscape,” says Sunil Thomas, CleverTap Co-founder and Executive Chairman. “Users today demand to be treated as individuals, and this has forced brands to change how they engage with them. CleverTap and Leanplum have both purposely built for a mobile-centric omnichannel world.” The acquisition, he says, combines platforms and teams to deliver the best behavior analytics, segmentation, and engagement tools that will enable digital brands to build valuable, long-term relationships with their users. “Our combined strength will be a game-changing force for user engagement, retention and monetization, creating tremendous value for our customers. I am very excited to welcome Leanplum to the CleverTap family.”

“When we started Leanplum, our vision was to meet customers’ real-time needs at the cutting edge of technology,” says Momchil Kyurkchiev, Co-founder and Chief Product Officer, Leanplum. “We have succeeded in that, but as the market has matured, to fully meet the increasing demands put on brands today, we needed to bring in the best analytics, segmentation, and engagement tools, to help our customers build valuable, long-term relationships with their customers. This is why joining forces with CleverTap makes the most sense, and I am excited about the combined capabilities we will now bring to Leanplum customers worldwide.”

“I am looking forward to the journey with Leanplum. This coming together with Leanplum marks a monumental moment across the marketing technology landscape,” says Sidharth Malik, CleverTap Chief Executive Officer. “This bridges the gap created by multiple martech tools and customer data platforms and will meet the growing needs of user-obsessed digital brands in a much more efficient way. Our ‘better together’ vision is about integrating our cumulative strengths around people, process and technology to cement our position as the global leader in the user engagement and retention space. Joining forces allows us to bring advanced product and technology capabilities as brands strive to do live segmentation, anticipate user intentions and actions, automate and deploy real-time campaigns for the highest possible conversions, all from one single dashboard.”

Image: Sunil Thomas, CleverTap Co-founder and Executive Chairman
https://www.acnnewswire.com/docs/Multimedia/Low_CleverTap2022519.jpg

About CleverTap
CleverTap is the modern, integrated, retention cloud that empowers digital consumer brands to increase customer retention and lifetime value. For brands that understand and value user retention, CleverTap drives context and individualization with the help of a unified and deep data layer, AI/ML-powered insights and automation. Customers worldwide representing over 10,000 apps, including Vodafone Idea, SonyLIV, Daimler, Gojek, Carousell, and Premier League, trust CleverTap to achieve their retention and engagement goals, growing their long term revenue. Backed by leading venture capital firms, including Sequoia India, Tiger Global Management, and Accel, the company is headquartered in Mountain View, California, with offices in Mumbai, Singapore, and Dubai. For more information, visit clevertap.com or follow on LinkedIn and Twitter.

Media Contact:
Sony Shetty
CleverTap
sony@clevertap.com

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 amount in the actual result 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 with the information and/or statements in this press release or any related damages.

Society Pass Inc (Nasdaq: SOPA) Reports 1Q 2022 Financial Results, Sees 4,582% Year on Year Revenue Growth and Cash on Hand Growth of 33% from year 2021

  • First quarter 2022 revenues grew 4,582% year on year (from $9,506 for first quarter ended 31 March 2021 to $445,090 for first quarter ended 31 March 2022).
  • Cash on hand grew over 33% from $23.3 million on 31 December 2021 to $31.0 million on 31 March 2022.
  • With the closed acquisitions of the Pushkart and Handycart business units, SoPa has now amassed over 1.6 million registered consumers and 5,500 registered merchants/brands onto its ever expanding ecosystem.
  • SoPa is well capitalized for planned acquisitions of food & beverage delivery, travel, digital advertising and telecoms verticals in the VIP+T (Vietnam, Indonesia, Philippines and Thailand) countries of Southeast Asia (SEA) in 2Q 2022.
  • SoPa expects to launch the beta version of its Society Pass loyalty points platform in 2Q 2022, which SoPa believes will help substantially increase online users and merchants across SEA.

Society Pass Incorporated (Nasdaq: SOPA) (SoPa or the Company), Southeast Asia’s leading loyalty and ecommerce ecosystem, announced that first quarter 2022 revenues grew 4,582% year on year (from $9,506 for first quarter ended 31 March 2021 to $445,090 for first quarter ended 31 March 2022). The Company also reported cash on hand grew over 33% from $23.3 million on 31 December 2021 to $31.0 million on 31 March 2022.

With the closed acquisitions of the Pushkart and Handycart business units, SoPa has amassed over 1.6 million registered consumers and 5,500 registered merchants/brands onto its ever expanding ecosystem.

Society Pass expects to file its 1Q 2022 Form 10-Q with the Securities and Exchange Commission later this month. During the first quarter 2022, the Company completed the corporate restructuring of its subsidiary Leflair’s Vietnam operations into Leflair Group, an integrated lifestyle retail ecosystem to capture Southeast Asia’s fast growing 100B+ USD retail market, as well as the integration of its recent food and beverage delivery acquisitions, Pushkart and Handycart, onto the SoPa ecosystem.

Commenting on Society Pass’ strong business growth and future plans, Dennis Nguyen, Founder, Chairman and CEO of Society Pass said, “Our robust revenue growth validates our acquisitions focused operating model. Leflair continues to be our main revenue contributor as we gear up our latest acquisitions Pushkart and Handycart to become leaders their respective markets. As a result of our corporate restructuring process, Leflair Group is now set to become Southeast Asia’s next lifestyle retail super distributor nexus, evolving from a single discounted platform to a lifestyle retail ecosystem. We are poised to achieve new highs in 2022 as we build out our next generation loyalty platform as well as opportunistically acquire market leading companies in the food & beverage delivery, travel, digital advertising and telecoms verticals.”

The Company plans to launch Society Pass loyalty platform in 2Q 2022, which it expects to drive customer retention for merchants. In addition, SoPa plans to make additional acquisitions in 2Q 2022 that will generate increased revenues and optimise cost efficiencies as part of the expanding SoPa ecosystem.

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 Southeast Asia. Through the acquisitions of market-leading companies and partnerships with visionary entrepreneurs in six distinct B2C e-commerce verticals: lifestyle, food & beverage delivery, travel, digital marketing, telecoms and food and beverage ordering, the Company meets SEA’s growing demand for better and more convenient online services.

About Society Pass
As a loyalty and data marketing ecosystem, Society Pass operates multiple e-commerce platforms across its key markets in SEA. Its business model focuses on collecting user data through the expected launch of its Society Pass loyalty platform and circulation of its universal loyalty points, which seamlessly connects consumers and merchants across multiple product and service categories to foster organic loyalty. Since its inception, SoPa has amassed over 1.6 million registered consumers and over 5,500 registered merchants/brands on its platform. It has invested 2+ years building proprietary IT architecture with cutting edge components to effectively scale and support its consumers, merchants, and acquisitions.

Society Pass provides merchants with #HOTTAB Biz and #HOTTAB POS – a specialized POS technology solution, a comprehensive system for payment, loyal customer management, user profile analytics, and convenient financial support packages for small and medium-sized enterprises.

In addition, SoPa operates Leflair.com, Vietnam’s leading lifestyle e-commerce platform, Pushkart.ph, a popular grocery delivery company in Philippines, and Handycart.vn, a leading online restaurant delivery service based in Hanoi, Vietnam. For more information, please check out: http://thesocietypass.com/.

Forward Looking Statements
The information contained herein may contain “forward-looking statements.” Forward-looking statements reflect the current view about future events. When used in this press release, the words “anticipate,” “believe,” “estimate,” “expect,” “future,” “intend,” “plan,” or the negative of these terms and similar expressions, as they relate to us or our management, identify forward-looking statements. Such statements include, but are not limited to, statements contained in this press release relating to the view of management of the Company concerning its business strategy, future operating results and liquidity and capital resources outlook. Forward-looking statements are based on the Company’s current expectations and assumptions regarding its business, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. The Company’s actual results may differ materially from those contemplated by the forward-looking statements. They are neither statements of historical fact nor guarantees of assurance of future performance. We caution you therefore against relying on any of these forward-looking statements. Factors or events that could cause the Company’s actual results to differ may emerge from time to time, and it is not possible for the Company to predict all of them. The Company cannot guarantee future results, levels of activity, performance or achievements. Except as required by applicable law, including the securities laws of the United States, the Company does not intend to update any of the forward-looking statements to conform these statements to actual results.

Media Contacts:
PRecious Communications
sopa@preciouscomms.com

Happiest Minds joins 35th global edition of World AI Show & Awards in Dubai

World AI Show & Awards held under the patronage of the Private Office of HH Sheikh Saeed Bin Ahmed Al Maktoum, a member of the royal family of Dubai, is set to take place on 25 – 26 May 2022 at the Jumeirah Emirates Towers in Dubai.

Anand Veeramani, VP & Geo Head – Asia and the Middle East, Happiest Minds Technologies will enlighten the attendees on ‘AI powered automation for Digital Transformation’.

In his Keynote presentation, Anand will walk attendees through on how automation forms the core of digital transformation and exhibit the impact of Intelligent Document Processing (IDP) in driving operational agility in document processing with some proven use cases examples.

“Automation through artificial intelligence should be at the core of any effective and secure digital transformation strategy. While automation is capable of increasing productivity with cost savings, AI can provide a safety net and innovation to the decision-making process. It’s time for enterprises to delve into AI + Automation and see what it can do for their business,” stated Anand Veeramani.

Ajay Agrawal, SVP, Head the AI and Analytics COE at Happiest Minds Technologies, will be speaking on Scaling Adoption of AI to Deliver Business Outcomes.

Ajay’s Keynote presentation will focus on how the business landscape is changing with AI, and how to embrace the AI at Scale to digital transformations that are specifically aligned to unique customer needs.

“Every organization is looking to adopt an AI-First approach across its functions to drive innovation. To enable and embrace this transformation, the entire journey around AI needs to be looked at holistically right from conceptualization to managing it at scale,” stated Ajay Agrawal.

Priya Kanduri, VP & CTO – Infrastructure and Security Services, Happiest Minds Technologies, will moderate a panel on Digital Innovation – the road to recovery and growth coupled with the role of cyber security and AI in your digital transformation journey.

This discussion highlights the digital innovation in the cyber security space and how you need to rethink & rebuild your strategy to improve your operational efficiency and achieve better business growth.

“A wide range of cyber threats – from malware to phishing attempts – can now be detected using AI and Automation, thanks to their ability to quickly analyze millions of data sets without manual intervention. With fast-evolving cyberattacks and the rapid proliferation of devices happening today, AI and machine learning can provide a way to stay ahead of cybercriminals, detect threats, and act more quickly than conventional software-based or manual techniques,” stated Priya Kanduri.

“We are happy to onboard Happiest Minds Technologies as Lead Sponsor at World AI Show & Awards. I am sure their participation will help our attendees set pace with an integrated set of disruptive technologies,” stated Mithun Shetty, CEO, Trescon.

About Happiest Minds

Happiest Minds Technologies Limited (NSE: HAPPSTMNDS), a Mindful IT Company, enables digital transformation for enterprises and technology providers by delivering seamless customer experiences, business efficiency and actionable insights. We do this by leveraging a spectrum of disruptive technologies such as: artificial intelligence, blockchain, cloud, digital process automation, internet of things, robotics/drones, security, virtual/augmented reality, etc. Positioned as ‘Born Digital. Born Agile’, our capabilities span digital solutions, infrastructure, product engineering and security. We deliver these services across industry sectors such as automotive, BFSI, consumer packaged goods, e-commerce, edutech, engineering R&D, hi-tech, manufacturing, retail and travel/transportation/hospitality.

A Great Place to Work-Certified company, Happiest Minds is headquartered in Bangalore, India with operations in the U.S., UK, Canada, Australia, and Middle East.

About World AI Show

World AI Show is a thought-leadership-driven, business-focused, global series of events that takes place in strategic locations across the world. The show is a one-of-a-kind gathering of pre-qualified CIOs, CEOs, CTOs, Heads of AI, Chief Digital Officers, Heads of Innovation, and International AI experts. Witness powerful keynotes, workshops, use-case presentations, product exhibitions, panel discussions and tech talks to find solutions for issues and trends within the AI and RPA space.

About Trescon

Trescon is a global business events and consulting firm that provide a wide range of business services to a diversified client base that includes corporations, governments and individuals. Trescon is specialized in producing highly focused B2B events that connect businesses with opportunities through conferences, roadshows, expos, demand generation, investor connect and consulting services.

For further details about the announcement, please contact:
Karthik A.
Manager – Media, PR & Corporate Communications
Trescon
media@tresconglobal.com

CleverTap Appoints Honey Bajaj as SVP & Global Chief of Consumer Experience

  • Bajaj will lead the company’s charter to realize the “Art of Possible” and steer the launch of digital and physical centers of CX excellence

CleverTap, the world’s leading retention cloud, today added to its core leadership team with the appointment of Honey Bajaj as SVP & Global Chief of Consumer Experience. In this position, Bajaj will pioneer CleverTap’s extensive program to help companies reimagine customer experience and realize the “Art of Possible”.

CleverTap Appoints Honey Bajaj as SVP & Global Chief of Consumer Experience

Bajaj is a design strategist, an innovation leader and a social entrepreneur with extensive work in India and the U.S. Her ability to problem solve and identify patterns in human behavior has earned her multiple prestigious awards and recognition as an Innovation Global Shaper and Inventor of the Year (2016). She is also a dual degree holder with a Master’s Degree in Engineering and Management and a Master’s in Sustainability Studies from the Massachusetts Institute of Technology. She is currently pursuing her Ph.D. in Design and Innovation Methodologies in the Digital World.

Before joining the CleverTap Leadership Team, Honey built an innovation pipeline for several Fortune 500 companies, including Boston Consulting Group Digital Ventures, Disney, Microsoft Research, MIT Media Lab and Tata Group, one of India’s largest and highly profitable conglomerates. There she developed detailed market segmentation frameworks based on purchase behavior to orchestrate product launches and go-to-market strategies.

Bajaj has also dedicated her talent in designing for scale and impact to serving the needs of government bodies, financial institutions and healthcare organizations. Her work, which spans over a decade, has impacted over 50 million lives.

“As we scale CleverTap into a global category creator for “Retention Cloud”, we realize that our customers are eager to co-create experiences that will fuel growth and the future of their own digital businesses. For this reason, we are expanding our leadership team with a new appointment that benefits the most important stakeholder: our customers’ customers,” Vikrant Chowdhary, CleverTap Chief Growth Officer, explains.

“From fintech to ecommerce, and from on-demand Super Apps to media and streaming services, companies need the inspiration and tangible examples of the “Art of Possible” to unleash human-centered design thinking, unlock new perspectives and drive powerful momentum and positive results for all stakeholders.” This outcome, he continues, is “inextricably linked with our customers’ abilities to realize and hyper-personalize omnichannel journeys for their customers.”

“I have always focused on designing for impact and inventing for scale by contextualizing tech for the consumers. The truth is, no matter what we think we’re doing, we are all in the customer-experience business. Before you can accomplish it, you need to envision it. The digital behavior and expectations of customers is evolving faster than most industries are able to deliver. I am looking forward to my journey with CleverTap to embed human-centered principles and design thinking into a series of initiatives and programs,” Honey Bajaj says. “These efforts will allow digital-first companies to co-create and simulate digital journeys that will fuel growth through superior customer experience and will enable CleverTap’s customers to realize their consumer journeys in a more seamless and contextual manner as the lines of the digital and omnichannel world are no longer separated.”

About CleverTap
CleverTap is a modern, integrated Retention Cloud that empowers digital consumer brands to increase customer retention and lifetime value. For brands that understand and value user retention, CleverTap drives context and individualization with the help of a unified and deep data layer, AI/ML-powered insights & automation. Customers worldwide representing over 10,000 apps, including Vodafone Idea, SonyLIV, Daimler, Gojek, Carousell, and Premier League, trust CleverTap to achieve their retention and engagement goals, growing their long term revenue.

CleverTap is backed by leading venture capital firms, including Sequoia India, Tiger Global Management, and Accel. The company is headquartered in Mountain View, California, with offices in Mumbai, Singapore, and Dubai. For more information, visit clevertap.com or follow us on LinkedIn and Twitter.

Media Contact:
Sony Shetty
PR Director
CleverTap
sony@clevertap.com

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 amount in the actual result 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 with the information and/or statements in this press release or any related damages.

G3 Global Awarded RM118 Million Contract to Drive Digital Transformation of KLIA and klia2

Artificial Intelligence (AI) specialist G3 Global Berhad has secured the Group’s largest contract since restructuring the business with an RM118.38 million agreement to design and develop the Airport Integrated Security and Safety System (AIS3) for Malaysia’s two busiest airports – Kuala Lumpur International Airport (KLIA) and klia2 – in collaboration with SenseTime, a leading AI software company listed on the Main Board of the Stock Exchange of Hong Kong Limited (HKEX).

Mr. Dirk Quinten, Managing Director of G3 Global Berhad
Mr. Martin Huang, Managing Director of SenseTime International

The contract, which was awarded by Malaysia Airports (Sepang) Sdn Bhd (MA Sepang) on 15 April 2022, is the first master system architect project among the world’s Top 10 airports. MA Sepang is a wholly-owned subsidiary of Malaysia Airports Holdings Berhad and provides maintenance and airport facilities administration services.

G3 Global will leverage its AI capabilities and the deep industry knowledge of SenseTime to develop a state-of-the-art integrated platform that includes enhancing existing systems to improve the overall safety and security management capabilities.

Mr. Dirk Quinten, Managing Director of G3 Global Berhad said, “In pre-pandemic 2019, both KLIA and klia2 served 62.3 million passengers, of which almost 72% or 44.6 million were international arrivals. Post-reopening of international borders, the airports’ traffic is bound to recover and hence, there is a great need for a technologically-advanced smart security management system for both airports. This is where our AIS3 system will come in with its AI capabilities.

Our system is efficient, highly-integrated and has advanced data analytics capabilities. This will help to achieve faster and improved decision making in strengthening the airports’ safety management. The AIS3 will be key in transforming KLIA and klia2 into high-tech airports in the world, enabling them to be better equipped to handle more passengers in the future.

Meanwhile, with the partnership between G3 Global and SenseTime in this project, the Group can leverage on the experience and track record gained for upcoming proprietary analytic-based projects. G3 Global will also be able to diversify into Augmented Reality and retail solutions, integrated with our airport Big Data initiative.”

As G3 Global’s principal AI partner, SenseTime’s industry-leading AI platforms will complement the Group’s capabilities to provide a comprehensive suite of products for an end-to-end experience.

Mr. Martin Huang, Managing Director of SenseTime International said, “As a leading AI software company focused on creating a better AI-empowered future through innovation, SenseTime is committed to leveraging AI technologies for a positive Whole-of-Society impact, benefitting businesses and people alike. Together with our partner G3, we saw an opportunity to revitalise airport operations as we learn to live in the new normal. As demand for air travel grows, our leading AI-enabled capabilities will support airports to perform these key operations sustainably and provide a safer travel journey overall.”

The AIS3 project is expected to be completed by March 2024. G3 Global’s partnership with SenseTime began in April 2019 after both parties signed a Collaboration Agreement to jointly explore various projects relating to the application of interface technologies and platforms.

Upon the successful completion of the AIS3 project, G3 Global will look at scaling a similar AI-based security management model to other airports in Malaysia and across the region. This would further strengthen the Group’s position as the largest listed AI player in Malaysia.

G3 Global: https://g3global.com.my/
G3 Global: 7184 / [BURSA: G3G] [RIC: GLOA:KL] [BBG: G3G:MK]

SenseTime: https://www.sensetime.com/en
SenseTime: [HKSE: 20]

EDX Events Presents DX Leaders Malaysia 2022

EDX Events presents virtual DX Leaders Strategy Forum Malaysia on 18-19 May 2022, featuring Malaysia’s top digital leaders.

EDX Events is proud to bring DX Leaders Strategy Forum Malaysia for the second time. DX Leaders Strategy Forum Malaysia will encourage high-level conversations from the industry’s senior level executives about the most innovative solutions to help companies transform their end-to-end customer experience, workforce productivity, and operational value addition.

Attendees can expect to hear successful case studies and request demos from Boomi, Crowdstrike, ManageEngine, Freshworks, and Radiant/Genesys as they co-facilitate EDXchange sessions.

Invited to lead at the EDXchange sessions are Tze Phe Tee of Wasco Energy Group of Companies, Kashif Khan of Standard Chartered Bank, See Nee Lee of Flextronics, Yong Howe Chua of UEM Edgenta Berhad, Kong-wei Lye of Airasia, Byron Fernandex of TDCX, Tomasz Gersberg of Axiata, Raymond Devadass of Daythree, James Thang of UCSI Group, and Encik Shamsul Izhan Abdul Majid of Malaysian Communications and Multimedia Commission.

EDX Events would like to thank ASEAN CIO and ACN Newswire as their respective association and media partners.

Be a part of the strategy forum that will shape the hybrid era, invitations are requested at Request Invitation – DX – Malaysia 2022 (edxevents.com)

EDX Events also presents an online community for digital leaders to review emerging technologies, lead transformations, and connect ideas to achieve digital excellence and resiliency in Southeast Asia.

Join DX Leaders Community at https://lnkd.in/gfHBwTN6