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Business Wire India
Friend MTS is pleased to announce the appointment of Derek Chang to Chief Executive Officer (CEO). A seasoned industry executive with a career spanning three decades, Chang previously served as CEO of NBA China, and has held leadership positions with several recognized sports, media and entertainment providers. He will be based in London.
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Derek Chang, Chief Executive Officer, Friend MTS (Photo: Business Wire)
“It is my privilege to join Friend MTS as we ramp up our innovation of the technology essential to protect the needs of a complex global media industry,” said Chang. “We are at the forefront of rapid changes in consumer behavior, new business models and technology, and will ensure that creators, owners and distributors worldwide will have the formidable tools necessary to protect their valuable content.”
The announcement was made today by Jonathan Friend, Founder, Friend MTS, who previously served as CEO. A visionary in the field of content protection technologies, Friend will serve as Chief Product Officer (CPO) and continue to drive growth through the creation of the company’s advanced proprietary solutions.
“As we continue to innovate with groundbreaking solutions that our valued customers and partners have come to expect, now is the time to transition to our next leader and we are thrilled to welcome Derek to the helm of Friend MTS,” said Friend. “With deep expertise in the global sports and entertainment space, Derek brings invaluable insight to leveraging technology to create an impactful footprint for an ever-evolving media and content ecosystem.”
Prior to leading NBA China’s business, Chang was Head of International Lifestyle Channels for Scripps Networks Interactive, and had served as Executive Vice President, Content, DIRECTV. He also held senior roles for Charter Communications, the YES Network and TCI Communications. Chang currently serves on the board of directors for Liberty Media Corp. and Isos Acquisition Corp., and formerly served on the board of Starz.
Chang was named one of the “50 Most Influential People in Sports Business” by Sports Business Journal, as well as Cablefax Magazine's “Top 100 Executives in Cable.” He holds an MBA from Stanford University and a bachelor's degree in history from Yale University. He is a member of the Committee of 100 and serves on the advisory board of Row New York.
For press use, Friend MTS photo assets can be downloaded here. For more information, please visit www.friendmts.com or follow on LinkedIn and Twitter.
About Friend MTS:
Friend MTS is a leading global provider of innovative content protection technology solutions developed to advance a complex and ever-evolving media industry in collaboration with content owners, broadcasters and operators. With a comprehensive suite of advanced proprietary services ranging from content monitoring, fingerprinting and watermarking to enforcement and IP blocking, Friend MTS provides an end-to-end approach to disrupt real-world piracy and safeguard a worldwide entertainment and media market into the future. Playing an important role in social responsibility, Friend MTS has gifted organizations like the U.S. Department of Homeland Security and the International Center for Missing and Exploited Children (ICMEC) with its award-winning technology to help combat online child abuse. Founded in 2000, Friend MTS is privately held and headquartered in Birmingham, U.K. and Philadelphia, Pennsylvania, with operations throughout Europe, Asia, the Middle East, Africa, Latin America and North America.
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Business Wire India
L&T Technology Services Limited (BSE: 540115, NSE: LTTS), a global leading pure play engineering services company, announced today that it has achieved ‘Advanced Partner’ status within the PTC (NASDAQ: PTC) Partner Network program for demonstrating excellence in product lifecycle management (PLM). LTTS is the first engineering and technology company in the APAC region to receive this recognition.
“We are very proud to get the Advanced Partner status for the PTC Windchill® PLM software, and view PTC as a key technology OEM for driving product innovation with our clients,” said Abhishek Sinha, Chief Operating Officer and Member of the Board, L&T Technology Services. “Together, we are working with clients around the globe in discrete and process manufacturing and strive to establish a source of digital truth across the enterprise and throughout the customer lifecycle.”
The Windchill PLM software provides comprehensive out-of-the-box functionality and highly configurable role and task-based apps, helping manufacturers across the globe unlock value.
LTTS achieved Advanced Partner status by exhibiting elite levels of technical and business competency with the Windchill platform for product lifecycle management, along with high customer satisfaction metrics and positive customer references.
"PTC looks to its GSI partner ecosystem to help drive customer growth and digital transformation," said Ron Salvador, Senior Vice President, Global Alliances, PTC. "By earning Advanced Partner status for Windchill, LTTS has distinguished itself as a key engineering collaborator with deep technical expertise and a documented track record of customer success."
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The technology leader accelerates workforce expansion by hiring fresh graduates and young software engineering professionals to boost India operations in 2021
MUMBAI, India, June 3, 2021 /PRNewswire/ — Xoriant, a product engineering, software development, and technology services leader, is expanding its culture of continuous learning, innovation, and collaboration. The Silicon Valley headquartered company plans to onboard fresh graduates and young engineering professionals in India to sustain its strong economic growth and deliver value for customers. A significant portion of these new opportunities include engineering roles such as DevOps, UI, Testing, Python, Cloud, and Java across technology practices – Artificial intelligence, Machine learning and Security.
“As we look past this time of turmoil, we want to ensure that young and talented individuals get the opportunity to excel at the cutting edge of critical technology and transformative business challenges. At Xoriant, they will have unfettered access to a range of development and training opportunities, peer-to-peer coaching, knowledge sharing, digital classrooms, and skill academies that has earned us a rank among India’s 75 Best Workplaces in IT & IT-BPM four times,” said Girish Gaitonde, Founder and CEO, Xoriant.
From developing OCR-based document digitization solutions to pharmaceutical leaders, data governance solutions using big data for multinational banks, building life-saving DNA analysis apps for healthcare leaders, ML-based hybrid recommender systems for loyalty businesses, to building Security Center of Excellence operations — Xoriant’s global workforce continues to focus on technology excellence and exceptional service delivery to a broad clientele of technology and enterprise customers.
Bhavesh Ved, EVP of Delivery – Engineering, Xoriant said, “When fresh graduates and young engineers join Xoriant, we set up a strong career foundation and switch on the growth mindset for them. In the first 3 months, Xoriant subject matter experts provide extensive mentorship and training on new-age technologies and software engineering best practices. In the next 6-12 months, they deep dive into their projects, learn technologies, the ins-and-outs of codebase, and make progress on improving the craft of coding, while delivering value to customers. All this supplemented by upskilling opportunities enables them to build stronger development competencies and accelerate their career growth roadmap.”
With a low attrition rate, Xoriant brings effective workforce strategies including comprehensive wellness programs balanced with strong digital upskilling programs. At Xoriant, fresh graduates and young engineers will get access to 200+ skill development and training programs across new-age technologies, intensive cloud training and certifications, scenario-based learning, coursework, innovative reskilling and leadership programs, salary hikes, promotions, and other perks.
“In the last two years, Xoriant has doubled the headcount of new hires. The community has grown stronger and more united over the past year. To keep pace with evolving technology and advance in their careers, we have facilitated a pathway for the next generation of professionals through effective programs and policies. These include better financial and healthcare support, policy changes, increasing virtual connects, flexible work schedules, and creating a world-class digital platform to support remote work. But most of all, the differentiating X·FACTOR has been the dedication and professionalism of our employees that translated into delivering value to our customers,” added Ranjana Singh, HR Director, Xoriant.
In addition to boosting India Operations, Xoriant has expanded its presence in India and Ireland to support clients and customers globally.
About Xoriant
Xoriant is a Silicon Valley headquartered product engineering, software development, and technology services firm with offices in the U.S., Europe, and Asia. For both technology companies and enterprises, from startups to the Fortune 100, we leverage our expertise in emerging technologies and our high-performing teams to deliver innovative solutions that accelerate time to market and keep our clients competitive.
Across all our technology focus areas – Advanced Product Engineering, Enterprise Services, Cloud, Infrastructure & Security, Big Data & Analytics, Data Management & Governance, Digital, and IoT – every solution we develop benefits from our product engineering pedigree fortified with the business understanding and focus to ensure our client’s success. Learn more at www.xoriant.com.
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Launch of second and third availability zones in respective markets fulfills the fast-growing global customer demands of cloud-based services
HONG KONG, June 2, 2021 /PRNewswire/ — With growing customer demand and increasing cloud computing spending all over the globe, Tencent Cloud, the cloud business of Tencent, today announced the launch of four new internet data centers (IDC) in Bangkok, Frankfurt, Hong Kong and Tokyo. The addition of the new IDCs places Tencent Cloud’s operation in 27 regions and 66 availability zones worldwide, ushering in the opening of the second availability zones (AZ2) in Bangkok, Frankfurt and Tokyo and the third (AZ3) in Hong Kong in order to addressing the ever-growing business needs around the world.
According to data from Frost & Sullivan[1], 52% of organizations globally are using cloud services as of 2020, with another 34% expected to add cloud infrastructure within the next two years. The latest information from Gartner[2] also indicates that worldwide end-user spending on public cloud services is forecasted to grow 23.1% in 2021 to total US$332.3 billion, up from US$270 billion in 2020, signifying more growth in the already burgeoning cloud industry in which Tencent Cloud intends to further flourish.
Poshu Yeung, Senior Vice President, Tencent Cloud International, said, “The cloud industry is quickly evolving and growing, making Tencent Cloud look forward to further demonstrating its commitment to provide customers with more diverse cloud products as well as stronger redundancy and backup options. The launch of the new IDCs in Bangkok, Frankfurt, Hong Kong and Tokyo at the same time is a significant development in our strategy to rapidly and efficiently expand our international portfolio. We are also planning to have over 30% growth in terms of our IDCs all over the world by end of this year.”
Keeping up with Tencent Cloud’s momentum of providing groundbreaking and state-of-the-art technologies, the new IDCs are all tier-3 design facilities and are located in prime network hub locations, providing highly-reliable and high-quality BGP integrated with major local and international network operators.
The launch of the new IDCs is the latest step forward in Tencent’s robust growth strategies in terms of global infrastructure. In late 2020, Tencent Cloud has opened its second availability zone in Korea, followed by the first IDC in Indonesia as well as the third availability zone in Singapore in April 2021. The company is set to launch its second Indonesian IDC and its first in Bahrain by the end of the year.
Tencent Cloud is a secure, reliable and high-performance public cloud service provider that integrates Tencent’s infrastructure-building capabilities with the advantages of its massive user platform and ecosystem, consistently enhancing its rich array of global services to both the public and private sectors.
About Tencent Cloud
Tencent Cloud is Tencent’s cloud services brand, providing industry-leading cloud products and services to organizations and enterprises across the world. Leveraging its robust data center infrastructures around the world, Tencent integrates cloud computing, big data analytics, AI, Internet of Things, security and other advanced technologies with smart enterprise scenarios. At the same time, we provide a holistic smart enterprise solution for sectors including finance, education, healthcare, retail, industry, transport, energy and radio & television.
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A co-creation platform for enterprises to move the innovation needle from “Experimentation” to “Value-realization.”
BENGALURU, Karnataka, June 3, 2021 /PRNewswire/ — Tredence, a leading data science and AI engineering company, today announced the launch of their proprietary enterprise innovation platform, Tredence Studio, aimed at ‘value identification and value realization’ for enterprises.
Tredence Studio provides a marketplace for enterprises to foster co-innovation with:
“For the last eight years, we’ve been solving sophisticated business problems for our customers through our data science expertise. Tredence Studio is a culmination of our efforts in building advanced AI/ML models to solve complex economic and business challenges across various industries. With Tredence Studio, enterprises can operationalize AI at scale, taking innovation from vision to value effortlessly,” said Shub Bhowmick, Co-Founder and CEO at Tredence.
Tredence Studio helps enterprises build a unique competitive advantage by empowering every employee to innovate, test, and execute solutions for a wide range of business problems. “Last-mile adoption of AI has always been our strength. Now, we’re extending that to innovation as well,” said Soumendra Mohanty, COO and Chief Innovation Officer at Tredence. “With Tredence Studio, enterprises will have the ability to re-imagine analytics interventions across customer touchpoints and business processes to drive sustainable business outcomes” he added.
Tredence Studio endeavors to help customers adopt a test-and-learn culture to counter pervasive uncertainties. With pre-built AI accelerators and toolkits, the Studio can manage the overall innovation funnel and move ideas into impactful solutions.
About Tredence
Tredence is a data science and AI engineering company focused on solving the last mile problem in analytics. The ‘last mile’ is defined as the gap between insight creation and value realization. Tredence is 800+ employees strong with offices in Palo Alto, Chicago, Toronto, and Bangalore, with the largest companies in retail, CPG, Hi-Tech, telecom, travel, and industrials as clients.
Learn more at www.tredence.com or follow us.
Media Contact:
Neha Parmar
+919686579688
Neha.parmar@tredence.com
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MOSCOW, June 2, 2021 /PRNewswire/ — The Russian Direct Investment Fund (RDIF, Russia’s sovereign wealth fund) announces that the Russian Sputnik Light coronavirus vaccine (the first component of Sputnik V vaccine) demonstrates 78.6-83.7% efficacy among the elderly according to real world data collected by the Ministry of Health of the Buenos Aires province (Argentina).
According to the data from over 186,000 people aged 60-79, more than 40,000 of whom received a shot of Sputnik Light (first dose of Sputnik V) as part of the mass-scale civil vaccination program, the infection rate between 21st and 40th day from the date of receiving the first dose was only 0.446%.
At the same time, the infection rate among non-vaccinated adult population was 2.74% for a comparable period.
The following formula was used to calculate the vaccine’s efficacy:
|
(Infection rate among |
– |
(Infection rate among |
= |
(2.74%-0.446%) |
= |
83.7% |
|
Infection rate among |
2.74% |
|||||
Adjusted data weighted by age, gender and a number of other parameters among groups of vaccinated and non-vaccinated subjects demonstrated comparable efficacy of the Russian vaccine – 78.6%.
Positive official data of vaccination with single-dose Sputnik Light confirms the great efficacy of the vaccine and its potential for being used during the vaccination campaign in Argentina.
Kirill Dmitriev, CEO of the Russian Direct Investment Fund (RDIF), said:
“The publication of independent data in Buenos Aires province confirms high efficacy of the Russian vaccine for senior citizens who are in a high-risk group. An efficacy level of near 83.7% is higher than that of many two-dose vaccines. As the report of the Ministry of Health of the province has demonstrated, vaccination with Sputnik Light (the first component of the Sputnik V vaccine) can significantly reduce the number of infections and hospitalizations. We plan to continue cooperating with colleagues in Argentina for further data on the use of the Russian vaccine.”
Sputnik V and Sputnik Light have a number of key advantages:
Russian Direct Investment Fund (RDIF) is Russia’s sovereign wealth fund established in 2011 to make equity co-investments, primarily in Russia, alongside reputable international financial and strategic investors. RDIF acts as a catalyst for direct investment in the Russian economy. RDIF’s management company is based in Moscow. Currently, RDIF has experience of the successful joint implementation of more than 80 projects with foreign partners totaling more than RUB2 tn and covering 95% of the regions of the Russian Federation. RDIF portfolio companies employ more than 800,000 people and generate revenues which equate to more than 6% of Russia’s GDP. RDIF has established joint strategic partnerships with leading international co-investors from more than 18 countries that total more than $40 bn. Further information can be found at www.rdif.ru
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