TDCX INC TO RELEASE 2023 2ND QUARTER RESULTS

KUALA LUMPUR, Aug 11 (Bernama) -- TDCX Inc (TDCX), an award-winning digital customer experience (CX) solutions provider, will announce its second quarter unaudited financial results on Aug 23, 2023.

In a statement, TDCX said its senior management will host a conference call on that day to discuss the unaudited financial results.

A live webcast of this conference call will be available on the company’s website, while a replay of the conference call will be available at TDCX’s investor relations website.

Singapore-headquartered TDCX provides transformative digital CX solutions, enabling world-leading and disruptive brands to acquire new customers, to build customer loyalty and to protect their online communities.

Having served clients in fintech, gaming, technology, travel and hospitality, as well as digital advertising and social media, among others, TDCX helps clients achieve their CX aspirations by harnessing technology, human intelligence and its global footprint.

-- BERNAMA

DUCK CREEK EXPANDS TO INDIAN MARKET OFFERING GLOBAL CORE TECHNOLOGY PLATFORM

KUALA LUMPUR, Aug 10 (Bernama) -- Duck Creek Technologies India LLP, a subsidiary of Duck Creek Technologies, announced a historical milestone with its expansion into the Indian general insurance market.

Duck Creek Technologies India LLP now offers India-based insurers the ease, convenience and power of modern cloud-based Software-as-a-Service (SaaS), delivered as a full suite of capabilities or as stand-alone solutions.

With this expansion, Duck Creek reinforces its market commitment by establishing its data centre in India, supported by nearly 1,000 local employees, according to a statement.

“Duck Creek is truly excited to enter the Indian insurance market with our global solutions. We want to empower insurance companies in India with hyper-personalised insurance solutions that help customers buy or service insurance from any device and anytime,” said Duck Creek Technologies Managing Director APAC, Shaji Sethu.

In partnership with its first core systems full-suite India-based insurance customer, HDFC ERGO General Insurance Company Limited (HDFC ERGO), Duck Creek will deploy its intuitive, user-friendly and powerful solutions.

This is to empower HDFC ERGO to take new products to market faster and significantly improve their customers’ experience throughout the policy lifecycle and across the insurer’s entire portfolio.

In addition, Duck Creek's products and solutions will holistically bring a competitive advantage to HDFC ERGO across its entire system, portfolio and operations.

HDFC ERGO President and Chief Technology Officer, Sriram Naganathan said the partnership with Duck Creek Technologies India LLP is a crucial step towards unlocking the full potential of the company’s wide insurance solutions and enabling it to offer efficient delivery and more convenience for its customers.

Drawing on its experience supporting the world’s largest insurers and reinsurers, Duck Creek will offer its suite of SaaS-based core insurance delivery solutions to help Indian general insurers innovate and modernise their products and services.

-- BERNAMA

JAPAN'S MODERN URBAN VILLAGE AZABUDAI HILLS OPENS ON NOV 24

KUALA LUMPUR, Aug 8 (Bernama) -- Japan’s leading urban landscape developer, Mori Building Co Ltd announced that Azabudai Hills, a multi-use complex and new world-class neighbourhood in Central Tokyo, will open on Nov 24.

According to a statement, this Toranomon-Azabudai District Category 1 Urban Redevelopment Project has been promoted by Mori Building, others and around 300 landowners for approximately 35 years.

Embracing the concept of “Modern Urban Village”, Azabudai Hills is a nature-rich landmark with a world-class business centre, attractive retail and residential facilities and a huge open space filled with lush greenery that brings people together.

Mori Building’s vision is for Azabudai Hills to become a "Green & Wellness" community, where people live harmoniously with nature and lead healthy and fulfilling lives.

Spanning a vast area of approximately 8.1 hectares, Azabudai Hills boasts an impressive 24,000 square metre of lush greenery, providing a total floor area of approximately 861,700 square metre that accommodates diverse urban functions, including offices, residences, retail facilities, cultural facilities, educational institutions and medical facilities.

Azabudai Hills has garnered support from partners who share the vision of creating a green-rich environment and realising a new urban lifestyle within an integrated urban development.

Among these esteemed partners are the Keio University Center for Preventive Medicine; The British School in Tokyo; Janu Tokyo; the Tokyo Venture Capital Hub; approximately 150 retail stores; and the renowned Mori Building Digital Art Museum: EPSON teamLab Borderless.

All these exceptional establishments are set to open in Azabudai Hills and some facilities will open gradually after December, this year.

Azabudai Hills will operate some 23,000 square metre of a large commercial area, surrounded by beautiful greenery, in which the area is home to around 150 shops, including luxury brands, cafes with liberating terraces and several high-end restaurants.

A large-scale food market called Azabudai Hills Market will be created in the basement of the Central Green area.

-- BERNAMA

DISPRZ IGNITES THE FUTURE OF WORKPLACE LEARNING AND SKILLS WITH US$30M SERIES C FUNDING

^{(From left) Subbu Viswanathan (Co-founder and CEO) and Kuljit Chadha (Co-founder and COO)}


Enterprise skilling platform aims to expand its thriving footprint in Southeast Asia, India, and the Middle East while breaking into the US market

 
MUMBAI, India, Aug 7 (Bernama) -- Disprz, the pioneering global leader in the enterprise learning and skilling industry, has achieved a remarkable milestone with a significant US$30 million secured in its Series C funding round. The funding was led by Lumos Capital and 360 ONE Asset (IIFL), alongside support from existing investors Kae Capital, KOIS, and Dallas Venture Capital. With this funding, Disprz is now poised to ignite a world of possibilities through unmatched global expansion and cutting-edge product innovation, including the integration of Generative AI across the learning and skilling cycle.
 
The success of Disprz represents a turning point in enterprise skilling, propelling the company to the forefront of the industry. With a strong focus on unlocking potential on a global scale, Disprz aims to revolutionise the future of learning and skill development in emerging markets, particularly in Southeast Asia, India, and the Middle East, while breaking into the US market. The vast Southeast Asian region, encompassing countries like Malaysia, Singapore, Indonesia, and The Philippines, is expected to benefit immensely from Disprz’s unique business and data driven people development approach, driving businesses to achieve tangible outcomes through skill-based talent management for knowledge workers and learning-driven performance improvement for frontline workers.
 
Since its establishment in 2015, Disprz has witnessed remarkable growth and has garnered a staggering 2.8 million users. Renowned brands such as ICICI Bank, Amazon, IndianOil, and Swiggy have all entrusted Disprz to create transformative people experiences that drive business advancement. In Malaysia, Singapore, Indonesia, and The Philippines, companies such as PETRONAS, AIA, Axiata, RHB Bank, PNM, Yoma Bank, Sinarmas, Starbucks and Malayan Insurance have benefited from Disprz’s bespoke solutions.
 
Guiding the ship of innovation and progress is Mr. Subbu Viswanathan, Disprz’s visionary Co-Founder and CEO. He emphasises that Disprz is not just shaping the learning and skilling space but also creating its future: “By integrating AI, effectively linking learning with performance management and adopting a skills-focused approach, Disprz’s platform can tackle any capability-building or upskilling challenge for any type of workforce. With the world ready to be disrupted by Generative AI and organisations increasingly realising that upskilling and reskilling are not the mandate of just HR but every function, Disprz is ready to shape the industry, and steer towards becoming India’s first centaur (profitable $100 million company) in this category in the next 4-5 years.”
 
Disprz is well-prepared to embark on a global growth journey with SEA as a crucial growth engine utilising the newly secured funds. The company plans to expand its dream product team, hiring data scientists, skilling scientists and software engineers to shape the future of people advancement and people intelligence, including investments in Generative AI capabilities. Additionally, Disprz aims to strengthen its presence in existing markets by establishing larger, localised go-to-market teams in Philippines, Indonesia, Malaysia and Thailand, thereby marrying the state-of-the-art in this space with local cultural context.
 
Executing on the company’s vision would need partnerships with the broader community, as Disprz seeks strategic alliances with key players in the learning and people-tech ecosystem. To enhance its already robust suite of products, Disprz plans to partner with Human Capital Management players, people reward platforms, learning content providers, assessment companies, and global HR consulting firms.
 
Mr. Kuljit Chadha, Disprz Co-Founder & COO, highlights that the company serves over 2.8 million users across nearly 350 organisations globally: “With the latest funding, Disprz’s focus expands to some of the world’s fastest-growing markets, including Indonesia, Malaysia, Singapore, The Philippines, India, UAE, Saudi Arabia, and the US. The company is strategically positioned to capitalise on the increasing demand for innovative and scalable learning and skilling solutions.”
 
Industry leaders have also recognised Disprz’s unique position in the corporate learning segment. Mr. Rohan Wadhwa, Lumos Capital Group Managing Director, notes that Disprz offers a rare combination of breadth and depth in its product offerings, catering to diverse customer needs with the highest level of product innovation. Mr. Karan Ahuja, 360 ONE Asset (IIFL) Fund Manager, praises Disprz’s ability to enable organisations to scale and deliver customised learning solutions, ultimately linking them to business outcomes.
 
Disprz’s remarkable growth trajectory and exemplary leadership have garnered worldwide attention. The successful Series C funding stands as a testament to the company’s unwavering vision for success amidst challenging funding conditions.
 
For more information about Disprz’s transformative journey and remarkable accomplishments, visit their website at https://disprz.ai/.
 

SOURCE : Disprz

Sompo International Names Emily Poh As Head Of Professional Lines Insurance, Asia Pacific

KUALA LUMPUR, Aug 2 (Bernama) -- Sompo International, a global provider of commercial and consumer property and casualty (re)insurance, has appointed Emily Poh as Head of Professional Lines Insurance, Asia Pacific (APAC), to expand commercial insurance business in the region.

In a statement, Sompo International said she will be based in Singapore and report to the President of Commercial Lines, Insurance, APAC, Paul O’Neill.

“While we have well-established personal lines and reinsurance businesses in the region, we are committed to hiring top talent as we expand our commercial lines product offerings and relationships throughout APAC.

“Emily is a highly-skilled professional lines executive with a proven track record of delivering solutions that are the foundation for lasting partnerships, and I am pleased to welcome her to the Commercial Lines APAC team at such a pivotal time in our growth,” said O’Neill.

With nearly two decades of industry experience in APAC, Emily joins Sompo International from Berkshire Hathaway Specialty, where she was Head of Executive and Professional Lines, Singapore, and responsible for managing profitable professional lines portfolios.

Prior to that, she held senior professional and financial lines roles at WTW and AIG in Singapore.

-- BERNAMA

RAYVATEK USES SLM SOLUTIONS' TECHNOLOGY TO ACHIEVE DEVELOPMENT IN AEROSPACE PRODUCTS

KUALA LUMPUR, Aug 1 (Bernama) -- Rayvatek has collaborated with SLM Solutions, the industrial metal 3D printing machines provider, in developing aerospace materials solutions to overcome technical constraints associated with traditional manufacturing methods, and deliver high-performance products with lower cost and greater efficiency.

The aerospace industry was one of the earliest to adopt 3D printing technology and continues to be one of the fastest-growing fields for the application of 3D printing globally.

It is also a key focus sector for SLM Solutions as its metal 3D printing technology is ideally suited to producing materials that meet the strict requirements of aircraft engine manufacturers for metallurgical and mechanical performance, enabling efficient manufacturing processes, superior product quality, and lower production costs.

In a statement, Rayvatek emphasised the value of SLM Solutions technology in developing high-performance products and overcoming common pain points in aerospace materials manufacturing.

In addition, 3D printing technology helps to overcome other constraints associated with traditional manufacturing methods, therefore by using the SLM280 3D printer, Rayvatek is able to manufacture injectors of different sizes via a single manufacturing process.

The SLM280 can fabricate hollow parts for impellers, reducing the weight and the moment of inertia of the product, thereby improving efficiency and reducing energy consumption.

It also help Rayvatek to improve quality control and follow-up testing in the production process, and greatly shorten processing time to achieve cost reduction and efficiency increase.

Rayvatek is an innovative metal additive manufacturing technology and service company, with a presence across Asia Pacific.

-- BERNAMA

Planview Reports Record Q2 and H1 2023, Continues Momentum Amid Challenging Economic Landscape

 

Strong financial performance underscores the demand for prioritization and productivity improvements across digitalization initiatives

AUSTIN, Texas, Aug 2 (BUSINESS WIRE) -- Planview, the leading platform for digital connected work from portfolio planning to delivery, announced today record annual recurring revenue (ARR) and bookings in Q2, continuing strong momentum and growth in 2023. ACV Bookings for Q2 and the first half of the year were at a record high approaching 30% growth year-over-year (YoY), driven by both new customer additions and customer expansions across financial services, automotive, and healthcare. At the close of H1 2023, Planview is outpacing its forecasts on several key measures, including bookings, retention, and ARR this year. These results are driven by significant demand from customers who require data-driven insights to effectively prioritize initiatives, allocate capital and utilize resources across digital transformation efforts.

“The macroenvironment continues to pose challenges for digital transformation efforts in companies around the world. Organizations are faced with inflation, changing customer expectations, and more conservative budgets,” said Razat Gaurav, CEO at Planview. “At the same time, they must continue to drive forward transformation initiatives to adapt and achieve key business outcomes. Planview’s connected solution is uniquely positioned to give leaders and organizations the data-driven alignment, transparency, and visibility to make critical prioritization decisions, enabling companies to increase productivity, improve time-to-market, and de-risk strategic bets.”

H1 2023 Highlights

• Strong ACV bookings growth for the first half of 2023, approaching 30% growth YoY
• Significant improvements to Retention through first half of 2023, +100bps improvement to Net Retention YoY
• Recurring Revenue grew 13% during the first half of 2023 YoY
• Added over 126 net new customers
• Grew total active users for University of Planview by 29% quarter-over-quarter

Strong New Logo and Customer Momentum

Planview’s outperformance and profitable growth has been driven by new customer wins and expansions. New and notable customers who partnered or significantly expanded their footprint with Planview include AT&T, Axcelis Technologies, Bausch + Lomb, Baylor Scott & White Health, CellCarta, ChristianaCare, Commonwealth Bank of Australia, Corewell Health, Ecopetrol Group, Foodstuffs, Ford Motor Company, Inland Empire Health Plan, LandSure Systems, Mitsubishi UFJ Financial Group, New York Life Insurance Company, Omnicell, OneSavings Bank, PagoNxt, Pladis Global, Schaeffler Group, Schwab, Sherwin-Williams, Sun Life Financial, Transport for NSW, Tronox Holdings, Vanguard Group, Vonage, and Voya.

Industry Leadership & Product Innovation

Key milestones that support continued customer success and the company's strong growth:

• Showcased new Generative AI based assistant at the Reuters Momentum AI Summit.
• Released the landmark 2023 Project to Product State of the Industry Report, which revealed that 40% of Digital Innovation work is being wasted today.
• Recognized for the second consecutive year as a leader in the 2023 Gartner® Magic Quadrant™ for Strategic Portfolio Management. The company was positioned furthest for Completeness of Vision.
• Expanded its global footprint with growing teams in North America, EMEA, Israel and India, with a focus on Artificial Intelligence (AI), Data Science, R&D, Premium Support, Managed Services, InfoSec, and Partners/Strategic Alliances.
• Increased its global partner ecosystem with the additions of UiPath and NTT Data, focused on delivering Value Stream Management capabilities.
• Dramatically expanded its partnership with AWS, including achievement of AWS ISV Accelerate Program membership and the launch of five Planview solutions in the AWS Marketplace.
• Increased in monthly active users by 15% YoY for leading products.

Planview is continuing to invest heavily in product innovation, customer success and go-to-market, building a foundation for continued customer satisfaction and growth in 2023 and beyond.

About Planview

Planview has one mission: to build the future of connected work, from ideas to impact. Planview helps organizations accelerate the achievement of what matters most, supporting our customers from need to speed, from passion to progress, and from overhead to optimization. Our connected platform of solutions underpins the business and digital transformations of more than 4,500 customers globally, including 59 of the Fortune 100. Planview empowers enterprises to improve time-to-market and predictability, increase efficiency to unlock capacity, and ensure their most strategic initiatives deliver the desired business outcomes. Learn more about our portfolio at planview.com, and connect with us on LinkedIn and Twitter.


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Contact

Media Relations for Planview
Natalie Reina
Director of Corp Comms
956-878-9176
natalie.reina@planview.com

Source : Planview