VinFast Launches VinFirst NFT for EV’s Early-Bird Reservation

VinFast

VinFast Global EV Day

LOS ANGELES, Jan. 05, 2022 (GLOBE NEWSWIRE) — VinFast, the global electric vehicle (EV) brand owned by Vingroup – the largest private conglomerate in Vietnam with a total capitalization of 34.9 billion USD from three publicly traded companies (as of Nov 3, 2021) – has partnered with AAG Ventures and Harmony to announce a world-first in the use of non-fungible tokens (NFTs) as part of the EV reservation process. This is the first time NFTs have been utilized in this way for the automotive industry, highlighting how blockchain technology is being used in real-world use cases.

To accelerate the development process, VinFast partnered with AAG Ventures, a pioneering company in the metaverse space, to develop a decentralized application on the Harmony blockchain. Thanks to the ultra-fast and ultra-economical Harmony blockchain, the interaction is seamless. It becomes part of the overall experience that customers can look forward to as Vingroup further explores more use cases within its ecosystem.

The NFT process

The NFT deployment works like: Customers who pay the reservation fee for their VinFast EV will receive a VinFirst NFT, a certificate on the blockchain using Harmony, a widely used cross-chain sharding protocol. This serves as a certificate of priority membership for super-early adopters that support the brand -whom VinFast calls “VinFirst” members. Following the VinFirst NFT, VinFast will airdrop various rewards and perks to its VinFirst members from time to time. The e – vouchers and NFTs will be transferable after April 5, 2022 and NFTs create an easier way to go on secondary marketplace for the customers.

Excitement in the blockchain community

VinFast’s pioneering use of NFTs has already created excitement in the blockchain community. Commenters include the Co-Founders of AAG Ventures – Nelly Sutjiadi and Jack Vinijtrongjit, NFT Collector Ben Yu, Co-Founder & CTO of Harmony Rongjian Lan, and popular YouTuber Nas Daily.

“Deploying the VinFast NFTs that will use a smart contract to manage the EV car reservation and planting of a physical tree that will offset carbon emissions is a wonderful showcase of the use of blockchain,” said Nelly Sutjiadi, Co-Founder of AAG Ventures and Harmony Advisor & Validator. “True metaverse in action with real-world benefit – very cool and exciting!”

We are super excited to see VinFast, the global EV brand, launch the world’s first NFTs for EV reservations on Harmony,” said Rongjian Lan, Co-Founder & CTO of Harmony. “This collaboration signifies the growing real-world adoption of blockchain technology and NFTs, which reduces friction and provides innovative approaches to benefit customers in the traditional business process. Harmony welcomes more traditional businesses with a forward-looking mindset to embrace blockchain technology and improve business process with our scalable & secure blockchain infrastructure.”

“By helping enable this collaboration with VinFast and Harmony, we are bridging both the digital and physical world,” said AAG Ventures Co-Founder Jack Vinijtrongjit. “By owning a VinFirst NFT, you are not just an early adopter of the new VinFast EV; you also become a citizen of the Vingroup metaverse where you can enjoy the future benefits that the company will provide. That, to me, is an example of where the blockchain and NFT technology will become real – and transformative – to most people.” Vinijtrongjit added.

According to NFT Collector, Ben Yu, “I’ve learned firsthand that VinFast isn’t just a nice name – they are one of the fastest moving companies I’ve ever had the pleasure of working with, and seeing them develop and launch the first-ever automobile OEM proof of membership NFT project in record time has really shown me that these are the right people to bet on. I’ll be reserving my VinFast EV, and hope you will join me.”

Judging from Vingroup’s previous endeavors in frontier technologies, the application of NFTs for EV reservations is not just a one-off campaign, it is the first step in its long-term vision for blockchain applications, not only with NFTs or assets but also other advanced applications based on blockchain technology. By using this technology in the automotive sector, VinFast will become the first EV manufacturer in the world to adopt blockchain to create convenience in customers’ daily lives.

https://www.globenewswire.com/NewsRoom/AttachmentNg/87cbabed-b6dc-47bd-afa3-3796a3a48fde

Contact: jack@aag.ventures

Neeyamo Has Been Recognized as an Innovator in Avasant’s Global Hire-to-Retire Business Process Transformation 2021-22 RadarView

Avasant’s maiden Global Hire-to-Retire Business Process Transformation

LOS GATOS, Calif., Jan. 05, 2022 (GLOBE NEWSWIRE) — Neeyamo Inc., a leading technology-enabled global payroll and HR services provider for multinational and micro-multinational corporations worldwide, has been recognized as an Innovator in Avasant’s maiden Global Hire-to-Retire Business Process Transformation 2021-22 RadarView.

Avasant is a management consulting firm specializing in sourcing advisory, digital and IT transformation, global strategy, and governance services. Avasant’s independent assessment study, RadarView, is a pioneering analytical assessment that leverages Avasant’s proprietary Digital Maturity Framework to evaluate leading service providers based on company disclosures and market checks. These assessments are released to help global organizations identify, assess, and down-select service providers in specific areas. The study aims to provide an unbiased evaluation of technology product and service providers’ genuine capabilities, assisting clients in evaluating them as prospective long-term partners for their digital journeys.

The Global Hire-to-Retire Business Process Transformation 2021-22 RadarView, for this assessment, included management of key HR functions in conjunction with the deployment of vital transformational levers such as human capital management suites, digital apps for HR function delivery, workflow and process automation solutions, chatbots / virtual assistants, predictive/prescriptive analytics, and process reengineering. The insights from the RadarView are based on factors revolving around practice maturity, domain ecosystem, investments, and innovation, each of which has been notably rated.

Acknowledging the recognition, Guhan Ramanan, Head of Customer Success at Neeyamo, stated: “We have always been on the lookout for grey areas in the payroll and HR arena that allowed us to build and showcase innovative next-gen digital HR solutions that created positive ripples in the industry. Neeyamo will continue to make strategic investments in emerging technology and innovation to meet the rising demands of global organizations.”

Ritika Nijhawan, Analyst at Avasant commented on the recognition, “The complexities and nuances involved in the global hire-to-retire function necessitate enterprises to leverage service providers with deep-domain, technology, and regional expertise. Neeyamo’s continued investments in expanding its local presence, developing platform-agnostic tools, and strengthening its proprietary technology division NeeyamoWorksTM, have placed it as an Innovator in Avasant’s Global Hire-to-Retire Business Process Transformation 2021-22 RadarView.

“Its focus on transforming tail countries’ payroll and HR operations is enabling enterprises to stay compliant with the region-specific legislations, ensure a consistent employee experience, and gain a unified view of their HR function.”

About Neeyamo

Neeyamo is a leading technology-enabled global payroll and HR services provider for multinational and micro-multinational corporations worldwide. With an extensive team of professionals serving clients across 190+ countries, Neeyamo leverages its unique service-based model and functionality-rich, next-generation HR & payroll products portfolio to help organizations enable agile and scalable business. To know more, visit www.neeyamo.com

Media Contact

corporate.communications@neeyamo.com

Related Images

Image 1: Avasant’s maiden Global Hire-to-Retire Business Process Transformation

Neeyamo recognized as an Innovator in Avasant’s maiden Global Hire-to-Retire Business Process Transformation 2021-22 RadarView

This content was issued through the press release distribution service at Newswire.com.

Attachment

New Study From Potential Project Reveals That Leaders Are Alarmingly Out of Sync With Their Teams

As return-to-work plans are scrapped and employer trust plummets, leaders must quickly get on the same page as their employees

The Human Leader: Second Edition

The Human Leader: Second Edition

NEW YORK, Jan. 05, 2022 (GLOBE NEWSWIRE) — Last month, any optimism about a fresh start in the new year quickly evaporated as Omicron-fueled surges sidelined holiday gatherings, disrupted air travel, and drove major corporations, including Apple, Goldman Sachs, and CNN, to once again suspend back-to-the office plans. This is another blow to the already fragile morale of employees who are feeling exhausted and disconnected from two years of pandemic uncertainty and disruption. And employer trust is plummeting amidst all of the pivoting.

Remote and hybrid work will be the go-to models for the foreseeable future, requiring strong and connected leaders who can lift morale and inspire employees. But the latest study by Potential Project found that many leaders are not measuring up, with 55% either lacking in compassion or completely unaware of how they are doing in the eyes of their employees.

The Human Leader study, which surveyed more than 2,000 participants from more than a dozen industries, found that when leaders and employees are on the same page, with a shared view of how things are going, there are stronger levels of commitment and performance all around. For example:

  • When leaders view themselves as compassionate and their employees agree, employees experience a 10% reduction in burnout, 11% higher job satisfaction, and 10% higher commitment to the organization.
  • When leaders underestimate how compassionate they are, rating themselves less favorably than their employees, their leadership efficacy drops by 12%, intent to quit goes up by 6%, and the leader burnout rate goes up by 15%.

“Leadership is not a one-way street. It’s a relationship in which both sides need to feel understood and connected. Right now, with remote work, hybrid work, and pandemic-related workplace upheaval, it can be very hard for leaders to get on the same page as their teams,” said Rasmus Hougaard, CEO of Potential Project. “Leaders need to be much more honest when evaluating their strengths and intentional about checking in with their teams. When there is a shared and accurate understanding of the relationship, both sides experience positive outcomes.”

For leaders serious about getting in sync with their teams, Potential Project found that practicing mindfulness is a great way to help leaders spend less time acting and more time being fully present with their teams. When leaders are mindfully present in a situation, their best traits shine through and the connectedness with their team multiplies. Leaders who are most in sync with their teams are 1.6 times more likely to practice mindfulness on a regular basis.

About Potential Project and Rasmus Hougaard

Potential Project is a global research, leadership development, and consulting firm that partners with organizations to uncover the power of the mind — how it is wired and how to rewire it for new behaviors and different outcomes. Potential Project is present in 28 countries with a network of 200 consultants and facilitators and serves hundreds of forward-thinking companies like Accenture, IKEA, Unilever, Cisco, LEGO, and Microsoft.

Rasmus Hougaard is the co-author of Compassionate Leadership: How to Do Hard Things in a Human Way, an upcoming book co-authored with Potential Project’s North American Director Jacqueline Carter. The book provides proprietary research and case studies exploring how leaders can build their own capacity for wisdom and compassion to boost their companies’ productivity and morale. The book — published by the Harvard Business Review — is now available for pre-order ahead of its launch on Jan. 18, 2022.

For more information on Potential Project, visit our website or follow us on LinkedIn.

Contact: Paula Kelley, Global Marketing Director: paula.kelley@potentialproject.com

Related Images

Image 1: The Human Leader: Second Edition

This content was issued through the press release distribution service at Newswire.com.

Attachment

Companies reduce emissions by up to 19% through digital tools, new report from Schneider Electric and CNBC shows

  • 70% of emissions reduction are achievable with existing, proven and competitive technologies1
  • Swire Properties, IBM, Jacobs, IHG Hotels, and Tata Power share benefits of digital innovation
  • Artificial intelligence, machine learning, blockchain, and 3-D modeling are key to supporting existing transformations as viable solutions to overcome climate challenges

Rueil-Malmaison (France), January 5th, 2021 Schneider Electric, the global leader in the digital transformation of energy management and automation, today released a new report analyzing the essential role that digital innovation can play in advancing sustainability and efficiency.

Created in partnership with CNBC Catalyst, Unlocking a sustainable future: Why digital solutions are the key to sustainable business transformation outlines how companies and institutions leverage digital technology to reduce greenhouse gas (GHG) emissions, transition to renewable energy, and build more transparent supply chains.

Notable insights in the report include:

  • How IBM deploys AI and blockchain-based solutions to build a more transparent and low-carbon supply chain.
  • Intelligent lighting, rainwater collection and energy derived from cooking oil reduce 19% of GHG emission across Swire Properties’ portfolio.
  • Engineering firm Jacobs helps the city of London analyze billions of data points to model a transport system with 80% of trips using zero-carbon modes.
  • How Tata Power’s rooftop solar monitoring and management system helps customers in over 90 Indian cities produce the equivalent of 258 barrels of oil through renewable energy.

The commitments made during the November UN COP26 climate change meeting will reshape the agenda for global business. An expected acceleration of activity to address climate points toward net-zero emissions as an organizing principle for business. The scale of the climate emergency requires organizations in every industry to mobilize now to boost efficiency. Digital technology presents the straightest path to achieve the ambitious targets outlined in the COP26 agreement.

The outcomes of COP26 underline the urgent need for businesses to take ownership of sustainability and work towards becoming more energy efficient now,” says Jean-Pascal Tricoire, Chairman and CEO of Schneider Electric. “The next decade will be the one where digital technology puts sustainability ambition into action. With 70% of emissions reduction achievable with existing, proven and competitive technologies, this report is testament to how organizations can apply the digital tools of today to help us arrive at the net-zero future the planet depends on.”

Advanced Artificial Intelligence and machine learning bolster sustainability

Unlocking a sustainable future: Why digital solutions are the key to sustainable business transformation features useful case studies from businesses and institutions, including Swire Properties, Equinix, IBM, IHG Hotels & Resorts, Jacobs, Singapore Management University, Tata Power, and the University of Oxford. It illustrates how these organizations have broken ground on digital efficiency, with key stakeholders relaying their digital sustainability experience.

By integrating human and machine intelligence, the companies featured have capitalized on the ability of algorithms and high-powered computing to create change in essential areas such as energy use, city design, resource consumption, supply chain efficiency, and power generation.

Businesses view digital solutions as crucial in balancing environmental and societal responsibilities

Increased expectations to achieve tangible sustainability gains has raised the bar for businesses. With COP26 emphasizing the need for governments and businesses to be held accountable, progressive companies are fast recognizing that a more sustainable future is crucial to ensuring the long-term viability of their business.

For example, Swire Properties embarked on a long-term decarbonization trajectory focused on reducing the intensity of GHG emissions within its portfolio. Achieving this entailed investment in digitally efficient measurement tools and a partnership with Schneider Electric to model the energy efficiency of its buildings, resulting in a 19% GHG reduction across their portfolio.

Companies stand to gain by viewing sustainability and digitalization as connected transformations

Digital technology investments can create significant business value when deployed with the right partner to drive momentum. With the pandemic confirming the importance of digitization for business continuity, the need for a robust, energy-efficient future has never been more apparent.

This is also signified by companies such as IHG Hotels & Resorts, who supports its franchise partners around the globe to measure and manage their environmental impact using an innovative online platform. Going a step further, the company now has two hotels making strides to decarbonize, with a clear roadmap helping them navigate toward net-zero based on modeling and carbon impact assessments.

Ranked the world’s most sustainable corporation by media and research organization Corporate Knights in 2021, Schneider Electric has played a leading role in developing energy-efficient digital solutions for its customers, including the case studies described in this report. Connected, open and digital technology creates business advantages and provides tangible gains in efficiency and business resilience. This helps customers jointly address their twin mandates to deliver for the environment and shareholders.

Schneider’s top thought leadership content, including reports like Unlocking a sustainable future: Why digital solutions are the key to sustainable business transformation, can be found on the newly launched Schneider Electric Insights website.

About Schneider Electric

Schneider’s purpose is to empower all to make the most of our energy and resources, bridging progress and sustainability for all. We call this Life Is On.

Our mission is to be your digital partner for Sustainability and Efficiency.

We drive digital transformation by integrating world-leading process and energy technologies, end-point to cloud connecting products, controls, software and services, across the entire lifecycle, enabling integrated company management, for homes, buildings, data centers, infrastructure and industries.

We are the most local of global companies. We are advocates of open standards and partnership ecosystems that are passionate about our shared Meaningful Purpose, Inclusive and Empowered values.

www.se.com
Follow us on:      

Discover the newest perspectives shaping sustainability, electricity 4.0, and next generation automation on Schneider Electric Insights

Hashtags:  #LifeIsOn #BuildingsOfTheFuture #IndustriesOfTheFuture #SustainabilityForAll #PartnershipsOfTheFuture


1 Schneider Electric Sustainability Research Institute, International Energy Agency

Attachment

Junshi Biosciences and DotBio Announce Collaboration to Develop Next-Generation Antibody Therapy with DotBody Module

SHANGHAI, China and SINGAPORE, Jan. 05, 2022 (GLOBE NEWSWIRE) — Shanghai Junshi Biociences Co., Ltd (“Junshi Biosciences”, HKEX: 1877, SSE: 688180), a leading innovation-driven biopharmaceutical company dedicated to the discovery, development, and commercialization of novel therapies, and DotBio Pte. Ltd (“DotBio”), a biotech company specialized in next generation antibody therapies, announced today that they have entered into a collaboration to develop next-generation antibody therapies. Junshi Biosciences will obtain the license to one of DotBio’s DotBody modules, to be used within the oncology field for the development of several multi-specific antibodies. DotBio will be entitled to upfront and milestone payments, as well as royalties as the molecules progress through clinical development, regulatory approvals, and commercialization.

DotBio’s proprietary DotBody technology platform is based on the concept of modular design. By prefabricating antibody modules with specific functions, DotBio is able to combine them on demand to build multi-functional antibodies quickly and efficiently, improving antibody quality, development success rate and efficiency. This high throughput process allows DotBio to generate multi-specific antibodies, ADCs and intracellular antibodies in a matter of months as opposed to over a year. The DotBody platform has been optimized for autonomous folding, better stability, high expression levels, high concentration and low aggregation. The DotBody module licensed by Junshi Biosciences benefits from these improved properties and modularity and is an ideal building block to developing novel and high-quality treatment options.

Dr. Hui Feng, COO of Junshi Biosciences, said, “As a leading China-based, innovation-driven global biopharma company, Junshi Biosciences has established an impressive pipeline through internal R&D as well as external collaborations. Nevertheless, we constantly search for complementary novel drug targets and technology platforms that can further our goal of delivering novel therapies to patients in China and beyond and to achieve this goal by the most efficient means. DotBio’s technology platform provides a revolutionary approach to produce antibodies with high efficiency and quality. We anticipate our partnership with DotBio would provide patients with better treatment solutions in the near future.”

Dr. Ignacio Asial, CEO and founder of DotBio, said, “DotBio believes that the creation of multi-functional antibody molecules through a modular design opens unprecedented possibilities for the development of more effective therapies that can reach patients faster.  This licensing deal with Junshi Biosciences, a company with a strong track record in the R&D of immuno-oncology therapies, is an important milestone in our efforts to validate our vision and improve patients’ lives in a meaningful way. We are very excited about this first out-licensing deal with Junshi Biosciences and look forward to seeing the module progress into clinical development as part of several innovative multi-specific cancer therapies.”

About Junshi Biosciences

Founded in December 2012, Junshi Biosciences (HKEX: 1877; SSE: 688180) is an innovation-driven biopharmaceutical company dedicated to the discovery, development and commercialization of innovative therapeutics. The company has established a diversified R&D pipeline comprising 45 drug candidates, with five therapeutic focus areas covering cancer, autoimmune, metabolic, neurological, and infectious diseases. Junshi Biosciences was the first Chinese pharmaceutical company that obtained marketing approval for anti-PD-1 monoclonal antibody in China. Its first-in-human anti-BTLA antibody for solid tumors was the first in the world to be approved for clinical trials by the FDA and NMPA and its anti-PCSK9 monoclonal antibody was the first in China to be approved for clinical trials by the NMPA. In early 2020, Junshi Biosciences joined forces with the Institute of Microbiology of Chinese Academy of Science and Eli Lilly to co-develop JS016 (etesevimab), China’s first neutralizing fully human monoclonal antibody against SARS-CoV-2. JS016 administered with bamlanivimab has been granted Emergency Use Authorizations (EUA) in over 15 countries and regions worldwide. The JS016 program is a part of our continuous innovation for disease control and prevention of the global pandemic. Junshi Biosciences has over 2,500 employees in the United States (San Francisco and Maryland) and China (Shanghai, Suzhou, Beijing and Guangzhou).

For more information about Junshi Biosciences, please visit: http://junshipharma.com.

About DotBio Pte. Ltd.

DotBio is a highly innovative biopharmaceutical company with a mission to harness next-generation antibody technologies to bring more effective therapies to patients. DotBio takes an innovative therapeutic approach towards the ideal treatment: the rapid prototyping of multi-functional antibodies to identify molecules with synergistic activity combinations, optimal architectures and unique mechanisms of action. DotBio’s approach involves the use of its modular DotBody technology platform, its CoFi and Hot-CoFi stabilization technologies, high-throughput miniaturized assays and data analytics to generate unique therapeutic molecules that target both extracellular and intracellular disease drivers. DotBio is a platform company with a growing portfolio of assets, including numerous target-specific DotBody modules, as well as numerous preclinical assets in the immuno-oncology field.

For more information about DotBio, please visit: www.dotbio.com.

Junshi Biosciences Contact Information

IR Team:
Junshi Biosciences
info@junshipharma.com
+ 86 021-2250 0300

Goby Global
Bob Ai
bai@gobyglobal.com
+ 1 646-389-6658

PR Team:
Junshi Biosciences
Zhi Li
zhi_li@junshipharma.com
+ 86 021-6105 8800

Conagen Successfully Develops Antioxidant Kaempferol by Precision Fermentation

Bedford, Mass., Jan. 05, 2022 (GLOBE NEWSWIRE) — Conagen, the Massachusetts-based biotechnology innovator, announced the successful development of antioxidant kaempferol produced by state-of-the-art, proprietary, precision fermentation. As a biotechnology company specializing in developing commercially valuable molecules for its partners and clients, Conagen’s kaempferol enables brands in nutrition, beauty, and personal care products to adopt a more natural position by formulating with clean and sustainable kaempferol.Recognized as one of nature’s most potent antioxidants, kaempferol is a flavonoid with health-promoting properties found in tea, fruits, and vegetables, especially rich in green leafy vegetables such as spinach and kale.

Rising consumer awareness towards chronic diseases such as cancer and diabetes drives the kaempferol market demand. The global kaempferol market may exceed $6.5 billion by 2025, according to a recent research report by Global Market Insights, Inc.

“We’re bringing to market a pure and natural kaempferol at affordable prices that were not possible or available until now,” said Casey Lippmeier, Ph.D. vice president of innovation at Conagen. “Conagen’s scalable, precision fermentation for producing flavonoids like kaempferol is more efficient and sustainable than what can be achieved with the chemically-synthesized or botanically-sourced molecule.”

Flavonoids are polyphenolic compounds commonly found in plants and are a significant part of the human diet. They are biosynthesized by plants and fungi as secondary metabolites and comprise a diverse group of phytonutrients.

Plants protect themselves and their fruits against biological intruders such as fungi and bacteria by using phenolic phytochemicals, including flavonoids. Accordingly, kaempferol provides powerful anti-microbial, anti-inflammatory, and immune system benefits to humans.

Dietary kaempferol in multiple studies has demonstrated a wide range of promising beneficial activities, primarily as an anti-inflammatory and antioxidant, for reducing the risk of chronic diseases, especially cancer.

Prolonged oxidative stress leads to premature aging and can trigger many degenerative diseases and cancer. Kaempferol’s powerful antioxidant property can help the body’s defense against free radicals that promote cancer development.

Conagen derived kaempferol from its molecular platform for flavonoid antioxidants, including the previously announced molecules: DHQ, also known as Taxifolin, p-coumaric acid, hydroxytyrosol, and rosmarinic acid. The development of natural kaempferol is good news for Conagen’s commercialization partner, Blue California, as kaempferol will expand its offerings of specialty ingredient solutions.

“This launch further demonstrates our talent for delivering innovative compounds which are ideal for dietary supplements and ‘clean-label’ ingredients for functional foods, beverages, and cosmetics,” said Lippmeier. “Our vision for promoting health and wellness is to continuously leverage our precision fermentation capabilities for high-quality phenolic and flavonoid phytonutrients, thus confirming our position as a leader in the development of strains and processes for making clean-label ingredients and nutraceuticals.”

Blue California has a long-standing partnership with biotechnology innovator Conagen. Conagen focuses on developing sustainable, nature-based ingredients that improve existing options in the market or represent completely novel ingredient solutions.

About Conagen

Conagen is a product-focused, synthetic biology R&D company with large-scale contract manufacturing capabilities. Our scientists and engineers use the latest synthetic biology tools to develop high-quality, sustainable, nature-based products by precision fermentation and enzymatic bioconversion. We focus on the bioproduction of high-value ingredients for food, nutrition, flavors and fragrances, pharmaceutical, and renewable materials industries. www.conagen.com

About Blue California

Blue California is a vertically integrated technology company providing innovative ingredient solutions to global partners. With more than 20 years of innovation success, our ingredients are used in commercial products and applications in nutrition, personal care, healthy aging and wellness, functional food and beverage, and beauty. www.bluecal-ingredients.com

Attachment

Ana Arakelian, Head of Public Relations and Communications
Conagen
+1.781.271.1588
ana.arakelian@conagen.com

Verisk Earns Great Place to Work® Certification in India for Second Consecutive Year

 Great Place to Work Badge

India Certification

HYDERABAD, INDIA, Jan. 05, 2022 (GLOBE NEWSWIRE) — Leading global data analytics provider Verisk (NASDAQ: VRSK) has been Great Place to Work-Certified™ in India for the second year in a row. Based on employee feedback, the certification honors Verisk for its outstanding workplace culture.

Verisk’s certification is driven by an employee engagement survey which measured the extent to which employees across the organization reported a consistently great workplace experience, considering factors such as their daily encounters of innovation, inclusivity, company values and the effectiveness of its leaders. Verisk has created a Great Place to Work FOR ALL their employees by excelling on the five dimensions of a High-Trust, High-Performance Culture™ – Credibility, Respect, Fairness, Pride and Camaraderie.

“The feedback of our colleagues is critical in guiding the ways we communicate, collaborate and support each other,” said Sunita Holzer, Verisk’s Chief Human Relations Officer. “We aim to foster a culture that values integrity, respect, fairness and camaraderie and appreciate our team’s partnership in continuing to make Verisk better for every member of our community.”

Great Place to Work® is the global authority on workplace culture. Since 1992, Great Place to Work has surveyed more than 100 million employees worldwide and used those deep insights to define what makes a great workplace: trust. Its employee survey platform empowers leaders with the feedback, real-time reporting and insights they need to make strategic people decisions. The Institute serves businesses, non-profits and government agencies in more than 60 countries and has conducted pioneering research on the characteristics of great workplaces for over three decades.

Opportunity, Wellness, Resilience and Giving Back

Focused on nurturing an inclusive environment and continually striving to develop a diverse and collaborative workforce, Verisk supports professional development by encouraging certification and continuing professional education in multiple disciplines. To promote the physical, mental and financial well-being of team members, Verisk provides a wide array of wellness programs and resources to help them achieve optimal health through good nutrition and exercise routines; greater emotional, psychological and social balance in their lives; and financial security for meeting day-to-day needs and long-term goals. These include online well-being classes such as high intensity training, meditation, yoga and mindfulness so that employees can practice from the comfort of their homes. Verisk also offers opportunities for paid time off to focus on wellness, such as its annual Well-being Day, an enterprise-wide day off for employees to exercise self-care in whatever way they prefer.

To support the causes its team is passionate about, Verisk encourages teammates to participate in Volunteer Week, dedicating time for charitable organizations and initiatives during the work week. During the eighth annual Volunteer Week, participants across 15 countries spent more than 2,500 hours volunteering in homeless shelters and city parks, building and repairing homes, stocking food pantries and engaging in many other service activities. The local team also engages in various fundraising efforts throughout the year to support causes such as educational projects, programs for the visually challenged and a virtual wish tree for housekeeping staff.

In India, the Institute partners with more than 1100 organizations annually across over 22 industries to help them build High-Trust, High-Performance Cultures™ designed to deliver sustained business results. Hundreds of CEOs and CXOs from India Inc. are part of the great place community that is committed to the vision of making India a Great Place to Work FOR ALLTM. The Institute’s research shows that great workplaces are characterized by great leadership, consistent employee experience and sustainable financial performance. These organizations are able to deliver a consistent experience to all their employees irrespective of their role, gender, tenure or level in the organization. Its leaders believe in the vision of creating and sustaining a Great Place to Work FOR ALLTM and role model being ‘FOR ALLTM’ Leaders.

Verisk also earned the Great Place to Work® certification in other locations around the world including the United States, the United Kingdom and Spain. In the United Kingdom, Verisk was recognized by Great Place to Work® UK as a Best Workplace for Women, Best Workplace in Tech and a center for Excellence in Wellbeing. Verisk was also honored on the UK Best Workplaces, Spain Best Workplaces and Malaga’s Best Workplaces lists. In addition, Verisk was named one of the 2021 Best Workplaces in New York by Fortune magazine and Great Place to Work®.

About Verisk 
Verisk (Nasdaq:VRSK) provides predictive analytics and decision support solutions to customers in the insurance, energy and specialized markets, and financial services industries. More than 70 percent of the FORTUNE 100 relies on the company’s advanced technologies to manage risks, make better decisions and improve operating efficiency. The company’s analytic solutions address insurance underwriting and claims, fraud, regulatory compliance, natural resources, catastrophes, economic forecasting, geopolitical risks, as well as environmental, social and governance (ESG) matters. Celebrating its 50th anniversary, the company continues to make the world better, safer and stronger, and fosters an inclusive and diverse culture where all team members feel they belong. With more than 100 offices in nearly 35 countries, Verisk consistently earns certification by Great Place to Work. For more: Verisk.com, LinkedIn, Twitter, Facebook, and YouTube.

Attachment

Media Contact:
Ali Krueger Herbert
Ali.Krueger@verisk.com
201-469-3998

Logistics software leader Yojee teams up with HERE Technologies to unlock value in global supply chains

CES 2022 – HERE Technologies, the leading location data and technology platform, and Yojee Limited, a cloud-based software as a service (SaaS) logistics platform that facilitates the flow of freight movements into a single ecosystem, has teamed up to create a unique operations intelligence solution to transform warehouse operations and management for global companies.

The growth of supply chains and e-commerce trends have resulted in the need for more warehouses worldwide. Experts are predicting that the number of warehouses around the world will grow by 20% between 2018 and 2025 to reach about 180,000, more than half of which will be in China, United States, Japan, India, and Germany1. At the same time, warehousing costs are rising, and companies are spending approximately €300 billion (USD 346 billion) a year on warehousing, with operational costs accounting for 85% of that expenditure2.

Combining the expertise of Yojee’s logistics software with HERE’s location intelligence, this joint initiative will uncover and generate crucial data from the warehouse floor. This will enable businesses to make better informed decisions on how they can streamline operations and utilize the maximum capacity of the facility through infrastructure planning, asset tracking, and workforce management. These operational intelligence data points will help to establish a warehouse health pulse system that will measure key metrics based on various location parameters pertaining to workforce productivity, material handling equipment, inventory statuses and more.

Ed Clarke, Managing Director at Yojee said, “We are building an invention that will transform supply chain and logistics visibility and efficiency worldwide. We are digitalizing warehouses where data can be consumed and analyzed via a single smart dashboard remotely anytime. This data intelligence is crucial in improving the overall warehouse productivity and efficiency. I’m confident that together with HERE, this brings more than just return on investment for the global logistics industry in the long term.”

With HERE Asset Tracking, businesses can enjoy improved real-time visibility that tracks the location, status, and condition of their warehouse assets anywhere, anytime. Warehouse Operators are now able to remotely monitor manpower productivity levels within warehouses, and track movements of assets and material handling equipment both outdoors and indoors via already available networks. The HERE Map Making platform also allows businesses to customize and maintain warehouse digital layouts (virtual representations) that will help them improve overall logistics planning and reduce operational costs.

By feeding the real-time and historical data provided by the collaboration into an artificial intelligence (AI) powered data analytics dashboard, businesses will be presented with a central, customizable visualization of its warehouse operations.

Jason Jameson, Senior Vice President and General Manager at HERE Asia Pacific said, “The Asia Pacific logistics sector is showing no signs of slowing down due to digital transformation and an exponential growth in the supply chain and e-commerce industries. Yet the cost for expansion continues to be one of the top barriers for Asia Pacific’s logistics sector as they enter expansion mode3. Through this exciting partnership with Yojee, we look forward to providing businesses with substantial opportunities to unlock major improvements and capture value in global warehousing.”

Media contacts
HERE Technologies
Camy Cheng
+65 9088 4127
Camy.cheng@here.com

Yojee Limited
Natasha Kee
+65 9238 5696
natasha@yojee.com

About HERE Technologies
HERE, a location data and technology platform, moves people, businesses and cities forward by harnessing the power of location. By leveraging our open platform, we empower our customers to achieve better outcomes – from helping a city manage its infrastructure or a business optimize its assets to guiding drivers to their destination safely. To learn more about HERE, please visit www.here.com and http://360.here.com.

About Yojee Limited (ASX: YOJ)
Yojee is a cloud-based software as a service (SaaS) logistics platform that facilitates the flow of freight movements into a single ecosystem, making the complex process of managing land transport simple and accessible to all players whilst reducing carbon emissions for a greener planet.


[1]https://www.interactanalysis.com/28500-warehouses-to-be-added-globally-to-meet-e-commerce-boom/
[2]https://www.mckinsey.com/business-functions/operations/our-insights/warehouses-the-boxes-worth-300-billion
[3]https://apacresearch.cbre.com/en/research-and-reports/Asia-Pacific-Logistics-Occupier-Survey-2021

Attachment