Tag: Technology

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Business

Tegra118 and Red Rock Strategic Partners join forces to help firms drive growth and improve advisor-client engagement

Strategic partnership helps firms and advisors gain untapped value from technology to accelerate growth, reduce expenses and enhance client experiences

WARREN, N.J.–(BUSINESS WIRE)–Tegra118, a top provider of wealth and asset management technology and Motive Partners company, today announced a partnership with Red Rock Strategic Partners providing comprehensive and results-driven approaches for firms to accelerate growth, foster technology adoption and increase sales opportunities. Through a collaborative alliance, Tegra118 and Red Rock Strategic Partners will perform “health checks” for firms to help identify the best strategy for their business and find value in technology investments to propel growth and create better advisor-client experiences.

The partnership will help firms and their leaders address challenges related to:

  • Utilizing and monetizing the investments in tools, resources and technology
  • Addressing the needs of advisors and clients relating to current platforms and service model
  • Identifying growth opportunities with maximum efficiency and results
  • Delivering an omnichannel client experience to keep pace with changing needs and demands

“We are in sync with Red Rock Strategic Partners and eager to help our clients gain maximum efficiencies and identify new growth opportunities,” said Tito Singh, Chief Revenue Officer, Tegra118. “As an extension of our Tegra118 team, Red Rock Strategic Partners will help our clients take full advantage of the tools and solutions they use by demonstrating easy to use applications, creating new workflows for improved productivity and establishing real return on investment strategies. Tegra118’s technology combined with Red Rock Strategic Partner’s expertise will deliver limitless opportunities to clients.”

Red Rock Strategic Partners CEO Matt Johnston added, “Working closely with financial institutions that span the spectrum of the industry, leaders are reimagining profitable distribution. We believe Tegra118 has a unique capacity to deliver forward-thinking, integrated and modern technology solutions in a holistic manner that offers exceptional experiences to advisors and clients and optimizes growth potential. Our partnership allows for focus on full platform adoption, advancing the skills and capabilities that advisors bring to their clients to drive profitable revenue growth, advisor retention, client expansion and satisfaction. We couldn’t be more excited to begin our journey with Tegra118.”

About Tegra118

Tegra118 is an industry leading provider of software solutions to the wealth and asset management industry with a vast network of broker-dealers, asset managers, and custodians and trading interfaces. Its technology platform provides portfolio management, trading, accounting, rebalancing and reporting for managed accounts. Tegra118 also provides modular, goals-based financial planning, performance reporting and fee billing software for financial advisors and asset managers using modern API-based open technology. Tegra118 is committed to delivering powerful solutions that set a new standard for how people interact with, manage, and grow their wealth.

Tegra118 is a Motive Partners company, a specialist private equity firm with offices in New York City and London, focused on technology-enabled business and financial services companies. Please visit www.tegra118.com.

About Red Rock Strategic Partners

Red Rock Strategic Partners operates as an advisor to wealth and asset management firms and their leaders focusing on opportunities to accelerating profitable revenue growth. Red Rock assists with core business strategy, refinements and modifications to a firms operating model and business platforms including technology leverage, assists in driving productivity and the full utilization of technology solutions as well as supporting business leaders’ growth objectives. Red Rock Strategic Partners is a privately held company located in Atlanta, Georgia.

Contacts

Media Relations:
Tricia Viola

Vice President, Marketing

Tegra118

Tel: 201 253 3389

tricia.viola@fiserv.com

Categories
Business

Align appoints Justin Passey as director of audio-visual consultancy, workplace technology, EMEA

NEW YORK & LONDON–(BUSINESS WIRE)–#AV—Align, the premier global provider of technology infrastructure solutions and managed IT services, today announced the appointment of Justin Passey to its London Workplace Technology team as Director of Audio-Visual, EMEA.


Justin brings over 15 years of AV experience, spanning technical consultancy, design, and installation. Prior to joining Align’s London team, Justin managed projects for prominent clients such as Yext, Peloton, Alvarez and Marsal, and Hearst Theater from Align’s US Headquarters in New York City. Justin’s hands-on involvement with the Peloton Super Studio project is just one piece of his impressive overall career progression.

“Justin’s proven track record of advancing business objectives, coupled with his unparalleled depth of industry knowledge, uniquely position him for this leadership role,” said Jim Dooling, CEO and President of Align. “He will be an instrumental driving force behind the continued enhancement and international expansion of our Workplace Technology and Audio-Visual solutions.”

Justin’s primary responsibility will be to help clients digitally transform through the design and deployment of next-generation collaboration technologies. These include conference and huddle room designs, projection and displays, sound reinforcement, video walls and interactive technology, and digital signage, to name a few.

“I am very excited to join Align’s London team, where I look forward to expanding the reach of our successful AV consulting practice,” said Justin. “I am ready to put my experience to work by leveraging my knowledge of industry best practices to better serve clients across the EMEA region.”

About Align

Align is a premier global provider of technology infrastructure solutions. For over 33 years, leading firms worldwide have relied on Align to guide them through IT challenges, delivering complete, secure solutions for business change and growth. Align is headquartered in New York City and has offices in London, Chicago, San Francisco, Arizona, New Jersey, Texas and Virginia. Learn more at www.align.com, and follow @AlignITAdvisor.

Contacts

Align

Ashley Holbrook

212-546-6159

aholbrook@align.com

Categories
Business

P360 introduces Swittons smart devices for life sciences enterprises

P360’s new lineup of IoT powered smart devices enables omnichannel workflows

PISCATAWAY TOWNSHIP, N.J.–(BUSINESS WIRE)–#EnterpriseTechnology—P360 today announced that its Swittons Internet of Things (IoT) powered smart devices now feature expanded enterprise-level capabilities for life sciences companies. The Swittons platform can now be utilized across several functions within the same organization, with workstream-specific customizations for each functional vertical. Of the many use cases; for example, Swittons can now be used to automate processes between pharmaceutical labs, supply chains and sales teams at the click of a button.


“Unlike multichannel solutions, which operate in silos by nature, omnichannel platforms like Swittons deliver a consistent, personalized user experience across all channels,” stated P360 CEO and Founder Anupam Nandwana. “Coupled with Microsoft foundational software elements, which provides seamless integrations across various user groups, the new Swittons package provides an advanced enterprise solution for sophisticated companies with multiplexed needs.”

The primary drivers of the Swittons omnichannel enterprise revolution are life sciences digital innovation initiatives, the post-COVID-19 business environment and increasingly constrictive regulatory matters regarding direct physician-to-pharma communication.

The original Swittons design was focused on pharmaceutical commercial settings, where the smart devices help streamline remote physician engagement by automating frequent requests and triggering communication channels. The expansion into omnichannel enterprise applications has garnered interest (from various major pharmaceutical companies) for the following cross-pharma use cases:

  • Pharma Labs, where Swittons fills the gaps between scientists and e-systems, by automating functions like opening tickets in service software (ServiceNow, Saleforce Service Cloud, Microsoft Dynamics), activating emergency alerts, automating reagent reorders and triggering team messaging (emails and texts) and phone and video calls.
  • Pharma Supply Chains, where Swittons serves as a connecting point to allow for remote communication, instant notifications and restocking of various warehouses (or pharmacy distribution centers) at the click of a button.
  • Clinical Trials, where Swittons can be situated at the clinical sites to enable one-touch requests of drug supply, incidentals, or trigger discussions with clinical research associates (CRAs).

All of these seemingly independent use cases are actually able to integrate with organization-wide analytics and AI, helping assimilate relevant data to the C-suite. This enables a top-down, multi-tiered workstream of automations to occur within existing enterprise software solutions. This omnichannel approach to software integration allows for direct, human-to-digital information flow across previously siloed systems.

Each Swittons device can be custom branded and programmed to align with specific workstreams, and can integrate with existing IT systems and enterprise platforms such as enterprise resource planning (ERP), customer relationship management (CRM), enterprise asset management (EAM), clinical trial management systems (CTMS), product lifecycle management (PLM) systems, and others. The devices can even trigger phone and video calls via a built-in integration with Microsoft Teams and other virtual communication platforms.

Swittons devices are built on Microsoft Azure, and each device comes out of the box ready and automatically connects through a Wi-Fi or GSM cellular connection. The Swittons platform also features a flexible user portal that includes device usage dashboards and advanced, customizable analytics built on a Microsoft PowerBI foundation.

More information about Swittons is available HERE.

Swittons is powered by the technology and expertise developed by P360. Delivering a 360-view through the pharma, physician, laboratory and patient ecosystem, P360 designs and deploys capabilities that ensure the highest efficiencies and returns on sales operations, data management, clinical trials, patient centricity and IoT innovation. To learn more about P360, visit P360.com.

About Swittons

Based in Piscataway Township, New Jersey, and powered by P360, Swittons is an end-to-end enterprise IoT solution for commercial acceleration. From dashboard to device to data, Swittons powers seamless engagement. Swittons for physicians and pharma is changing everything about how businesses communicate. To learn more, visit Swittons.com.

Contacts

Brian Fitzgerald

Brian.Fitzgerald@P360.com
808-754-0437

Categories
Business

Stealthbits continues to modernize and simplify traditional PAM functions in SbPAM version 3.0

Next Generation PAM Solution Significantly Lowers Cost of Ownership, Improves Ease of Use

HAWTHORNE, N.J.–(BUSINESS WIRE)–Stealthbits Technologies, a cybersecurity software company focused on protecting an organization’s sensitive data and the credentials attackers use to steal that data, today announced the release of Stealthbits Privileged Activity Manager® (SbPAM) 3.0, their third-generation solution designed with a modernized and simplified approach to Privileged Access Management (PAM).

PAM software has been around for nearly 20 years. Many of today’s popular solutions have been built on decade old platforms, layering new functionality in increasingly complex ways. Organizations often realize the importance of properly managing and securing privilege access, but are locked into antiquated solutions with complex and expensive methods.

SbPAM 3.0 continues Stealthbits’ commitment to renovate and simplify PAM. The company approaches PAM from the perspective of the abundance of privileged activities that need to be performed, not a group of privileged admins needing accounts. SbPAM 3.0, available for download beginning October 6, 2020, simplifies PAM and offers a new take on traditional capabilities like Credential Management, Service Account Management and Session Monitoring:

Credential Management – Whether you have 10 or 100,000 systems, built-in accounts can be immediately and easily brought under management via a single click of a button. Through policy inheritance at the platform level, organizations no longer need to define and set accounts on a per-device basis.

Real-Time Service Account Management – To save time, SbPAM produces a list of dependent services and scheduled tasks for each Service Account, along with real-time updates on change status. If errors occur, users are immediately alerted and given the option to pause and roll-back any changes. No more waiting for service failures to understand the status.

Enhanced Live Session Monitoring – In addition to providing live session monitoring capabilities, SbPAM 3.0 also offers the ability to selectively lock and terminate sessions at three different levels, including current session, future sessions on the same resource, or globally, to prevent users from performing any unsanctioned activity.

“The PAM market is ripe for innovation and Stealthbits is continuing to redefine what customers should expect from their Privileged Access Management solution,” said Stealthbits CEO Jim Barkdoll. “Securing privileged access is crucial for security teams in this age of continual cyber-attacks, especially now that so many employees work from home. Stealthbits’ third-generation PAM delivers on our commitment to fill gaps in current PAM technologies, like lowering the cost of ownership, simplifying usability, and providing greater flexibility and choice.”

Stealthbits’ purpose-built solution offers a differentiated approach from more traditional PAM vendors:

Reduce Standing Privileges and Attack Surface – Traditional PAM vendors add to the standing privilege problem, creating multiple privileged accounts per single administrator. Stealthbits focuses on the privileged activity, not the account. Using approaches like ephemeral accounts and activity tokens, SbPAM creates and provisions temporary access to perform a task, then removes and destroys it when task is completed. Access and the account itself ONLY exist while the task is being performed.

Password Vault Options – Nearly all PAM vendors require use of THEIR vault, making switching difficult and expensive. Stealthbits provides vault options: Bring Your Own Vault™ (we’ll integrate with any 3rd party), use ours, or perform vault-less operations… your choice.

Built-in access certification / attestation – All organizations need to check/certify access rights and privileged access is most critical. No one likes big spreadsheets that get passed around with endless rows of system access for review. Stealthbits makes approving your most critical access convenient and less time consuming by enabling electronic workflow and approval directly from the console.

Reduced Total Cost of Ownership – Most PAM vendors charge for high availability, additional databases, proxies, and more including multiple add-on modules. The result is a solution that costs significantly more than anticipated and switching costs prohibit a change. Stealthbits includes everything… no expansion costs for databases, appliances, networking, and add-on modules.

“We looked at several PAM products, many having been around for a number of years, but they often fall very short when it comes to admins and the accounts they use to get access to systems,” admits Craig Larsen, IS Administrator, Eastern Carver County Schools. “What was so intriguing about SbPAM is that we can truly manage the access to our systems to the level of least privilege. The concept of temporary elevation, or just-in-time access, make so much sense as the admin is granted access on the fly and access is removed when no longer needed.”

About Stealthbits Technologies

IDENTIFY THREATS. SECURE DATA. REDUCE RISK.

Stealthbits Technologies, Inc. is a customer-driven cybersecurity software company focused on protecting an organization’s sensitive data and the credentials attackers use to steal that data. By removing inappropriate data access, enforcing security policy, and detecting advanced threats, our highly innovative and infinitely flexible platform delivers real protection that reduces security risk, fulfills compliance requirements, and decreases operational expense.

For more information, visit www.stealthbits.com, email sales@stealthbits.com, or call +1-201-447-9300.

The Stealthbits logo and all other Stealthbits product or service names and slogans are registered trademarks or trademarks of Stealthbits Technologies, Inc. All other trademarks and registered trademarks are property of their respective owners.

Contacts

Media Contact:

Dan Chmielewski

Madison Alexander PR

Office: +1 714-832-8716

Mobile: +1 949-231-2965

dchm@madisonalexanderpr.com

, , {item content}, September 29, 2020

Categories
Sports & Gaming

Spirit of Wipro Run brings together thousands of participants globally

EAST BRUNSWICK, N.J. & BANGALORE, India–(BUSINESS WIRE)–#SaurabhGovil–Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading global information technology, consulting and business process services company, today organized the 15th edition of the ‘Spirit of Wipro’ (SOW) Run globally with thousands of participants across 35 countries, running separately, yet together in spirit, at a time of their choosing.

The theme for this year’s Run was “United. Unstoppable”, which celebrated camaraderie, resilience and a shared sense of community among several thousands of Wipro employees, their friends and families, alumni, customers, partners and suppliers.

The SOW Run is an annual, global tradition at Wipro and has been held every year since its inception. This year too, the Run was organized on schedule despite the pandemic induced constraints. The runners strictly adhered to the local COVID-19 guidelines and safety protocols in various countries while participating in the event.

Commenting on the Run, Thierry Delaporte, Chief Executive Officer and Managing Director, Wipro Limited said, “We are connecting in a new way — gathering with technology rather than in person. But the Spirit of Wipro Run still stands for everything it has represented since it began: our passion for client success, respect for others, global responsibility, and unyielding integrity.”

Saurabh Govil, President and Chief Human Resources Officer, Wipro Limited said, “Despite the changed circumstances, the tradition remains alive, our purpose remains unchanged. The Run is a testament to the spirit of togetherness of Wiproites in these extraordinary times and a celebration of all that we stand for. We expect the proceeds from the Run to benefit communities that we operate in.”

Each year the proceeds from the SOW Run are used towards social causes identified by the locations, globally. The funds raised by the runners are matched 100% by Wipro Limited and are utilized by Wipro Cares, the community initiatives arm of Wipro Limited. In the United States, where Wipro has a significant presence, the funds will be used to support educational programmes in underserved communities.

About Wipro Limited

Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO) is a leading global information technology, consulting and business process services company. We harness the power of cognitive computing, hyper-automation, robotics, cloud, analytics and emerging technologies to help our clients adapt to the digital world and make them successful. A company recognized globally for its comprehensive portfolio of services, strong commitment to sustainability and good corporate citizenship, we have over 180,000 dedicated employees serving clients across six continents. Together, we discover ideas and connect the dots to build a better and a bold new future.

Forward-Looking Statements

The forward-looking statements contained herein represent Wipro’s beliefs regarding future events, many of which are by their nature, inherently uncertain and outside Wipro’s control. Such statements include, but are not limited to, statements regarding Wipro’s growth prospects, its future financial operating results, and its plans, expectations and intentions. Wipro cautions readers that the forward-looking statements contained herein are subject to risks and uncertainties that could cause actual results to differ materially from the results anticipated by such statements. Such risks and uncertainties include, but are not limited to, risks and uncertainties regarding fluctuations in our earnings, revenue and profits, our ability to generate and manage growth, complete proposed corporate actions, intense competition in IT services, our ability to maintain our cost advantage, wage increases in India, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks, our ability to successfully complete and integrate potential acquisitions, liability for damages on our service contracts, the success of the companies in which we make strategic investments, withdrawal of fiscal governmental incentives, political instability, war, legal restrictions on raising capital or acquiring companies outside India, unauthorized use of our intellectual property and general economic conditions affecting our business and industry. The conditions caused by the COVID-19 pandemic could decrease technology spending, adversely affect demand for our products, affect the rate of customer spending and could adversely affect our customers’ ability or willingness to purchase our offerings, delay prospective customers’ purchasing decisions, adversely impact our ability to provide on-site consulting services and our inability to deliver our customers or delay the provisioning of our offerings, all of which could adversely affect our future sales, operating results and overall financial performance. Our operations may also be negatively affected by a range of external factors related to the COVID-19 pandemic that are not within our control. Additional risks that could affect our future operating results are more fully described in our filings with the United States Securities and Exchange Commission, including, but not limited to, Annual Reports on Form 20-F. These filings are available at www.sec.gov. We may, from time to time, make additional written and oral forward-looking statements, including statements contained in the company’s filings with the Securities and Exchange Commission and our reports to shareholders. We do not undertake to update any forward-looking statement that may be made from time to time by us or on our behalf.

Contacts

Wipro Media Contact:
Purnima Burman

Wipro Limited

purnima.burman@wipro.com

, , {item content}, September 27, 2020

Categories
Business

P360 adds advanced Artificial Intelligence capabilities to its sales enablement platform BirdzAI

Life sciences commercial organizations can now forecast sales, predict churn, analyze brand propensity and launch new products with BirdzAI

PISCATAWAY TOWNSHIP, N.J.–(BUSINESS WIRE)–#AI—P360, a leading developer of technology for life sciences companies, today announced major updates to its sales enablement platform BirdzAI. The BirdzAI platform now includes advanced Artificial Intelligence (AI) capabilities that enable real-time decision-making for sales organizations by providing deep insights derived from a wide variety of proprietary and tertiary datasets. Key features include sales forecasting, churn prediction, brand propensity analysis, next best action insights and more.


“By adding advanced artificial intelligence capabilities to our BirdzAI platform, we are helping life sciences companies eliminate the guesswork often associated with sales operations,” stated P360 CEO and Founder Anupam Nandwana. “For example, BirdzAI’s churn forecasting capabilities puts predictive forecasting for physician prescriptions directly in the hands of company representatives. Sales teams are able to see in real-time which brands a specific physician is prescribing, and which ones they might be stepping away from.”

BirdzAI, which is backed by P360’s robust Data360 commercial data hub, enables life sciences companies to manage their business processes and data from a single platform, eliminating manual work and operational delays. With BirdzAI remote teams are also able to share data with the enterprise without delay, no matter where they might be.

The BirdzAI platform also offers unique functionality for companies launching new drugs into the marketplace. Key features and tested processes include customer alignment, customer master data management, territory planning and sizing, call planning, incentive compensation strategy and payout, roster management and field and management reporting.

“Our data is as expansive as it is valuable, so we are always looking for new ways to leverage it more efficiently and effectively, said Greg Daly, Senior Analyst, Sales Operations at Osmotica Pharmaceuticals. “Partnering with P360 has allowed us to do just that. Their Machine Learning Models put our data to work for us, allowing us to spend more time applying the insights that our data contains, and less time finding them.”

BirdzAI is built on Microsoft Azure and is compatible with existing commercial infrastructure and integrates seamlessly with leading CRM and ERP systems.

Delivering a 360 view through the pharma, physician and patient ecosystem, P360 designs and deploys capabilities that ensure the highest efficiencies and returns on sales operations, data management, clinical trials, patient centricity, and IoT innovation. With expertise in supporting commercial operations for companies of all sizes, P360 has built an industry-leading platform that gives customers ownership of their data and the ability to leverage artificial intelligence and machine learning capabilities.

Earlier this year, P360 launched their industry first IoT Product Swittons for physician remote engagement. In addition, P360 CEO Anupam Nandwana was recently named to the PharmaVoice 100, which recognize the most inspirational, motivational and transformational individuals throughout the life-sciences industry. To learn more about P360, visit P360.com.

About P360

Based in Piscataway Township, New Jersey, P360 is a leading developer of technology for the life sciences industry. Product offerings include BirdzAI, PatientJourney360, Data360, Trials360 and Swittons. To learn more about P360, visit P360.com.

Contacts

Brian Fitzgerald

Brian.Fitzgerald@P360.com
808-754-0437

Categories
Business

Wiley mourns the loss of Board Member William Pence

HOBOKEN, N.J.–(BUSINESS WIRE)–It is with great sadness that John Wiley & Sons, Inc. announces the death of Board Member William (Bill) Pence, who passed earlier this month.

“Bill was a trusted advisor and a champion of transformation, from culture to tech driven innovation, never one to shy away from disruptive ideas that would help us move forward,” said Jesse C. Wiley, Chairman of the Board, Wiley. “His care, expertise, wisdom, insight, passion and presence will be greatly missed in and outside our board. Bill was an all-around great human being. On behalf of the Wiley family, the Board of Directors and all Wiley colleagues, we extend our deepest sympathies to his wife Maria and their two children during this very difficult time.”

Mr. Pence joined Wiley’s Board of Directors in 2016, bringing more than 25 years of leadership experience, and having previously serving in leading roles spanning technology, healthcare and media at organizations including AOL, WebMD, Napster, Universal Music Group, and IBM. His innovative thinking and technical expertise in technology and beyond guided Wiley’s ongoing transformation and performance.

“Bill was a very special man and we will miss him dearly,” said Brian A. Napack, President and CEO of Wiley. “His vision, quiet leadership, and positive, collaborative style enhanced Wiley and our global community in so many ways. Bill had real, lasting impact, and we were lucky to know him.”

Mr. Pence, a PhD, was committed to education and lifelong learning, for himself and the broader community and will be remembered as an accessible mentor and a confidant. He enjoyed teaching English as a second language at Neighbor’s Link in Mount Kisco, NY, and humanitarian trips in the Dominican Republic with Bridges to Community. At the time of his death, Mr. Pence was the chair of a Cornell University College of Engineering Advisory Board, an alumni advisor for the University of Virginia Department of Media Studies, and a member of the board of the Bedford Historical Society.

To read Bill Pence’s obituary, please visit: https://obits.lohud.com/obituaries/lohud/obituary.aspx?n=william-pence&pid=196773732&fhid=2248

About Wiley

Wiley drives the world forward with research and education. Through publishing, platforms and services, we help students, researchers, universities, and corporations to achieve their goals in an ever-changing world. For more than 200 years, we have delivered consistent performance to all of our stakeholders. The Company’s website can be accessed at www.wiley.com.

All Corporate News

Contacts

Joanna Jia

Corporate Secretary

(201) 748-6020 / jjia@wiley.com

Katie Roberts

Vice President, Corporate Communications

(602) 373-7233 / karoberts@wiley.com

Categories
Business

Remarkety introduces SMS Marketing platform to help eCommerce companies enhance their multichannel marketing strategy and improve ROI

NEWARK, N.J.–(BUSINESS WIRE)–#ecommerce–Remarkety Inc., a leading provider of data-driven marketing automation solutions, today introduced the Remarkety SMS Marketing platform, a new marketing solution that enables eCommerce companies to create and deliver personalized, hyper-targeted SMS messages that propel customers to action and improve ROI.

Built upon the same advanced technology as the company’s best-in-class email marketing automation tools, the Remarkety SMS Marketing platform makes it easier than ever for eCommerce companies to rise above the noise of the inbox and reach their customers. Users can send mass and trigger-based SMS messages or integrate SMS Marketing with their email automation strategy to build targeted, cross-platform campaigns that span multiple touchpoints and channels.

“Today’s consumers are on mobile devices more than ever, and SMS messages have an almost 100% open rate. Brands that can deliver relevant and timely SMS messages to their customers can foster loyalty and engagement and drive greater revenues,” said Joel Presman, Co-founder and General Manager at Remarkety. “In talking with thousands of our customers, we found there’s serious demand for a solution that allows eCommerce companies to do SMS marketing the right way—targeted and providing delight to customers, not spamming them. So, we built that platform, and we’re thrilled to give our customers another tool to add to their toolbox.”

With the Remarkety SMS Marketing platform, ecommerce companies have virtually limitless options to forge stronger connections with customers and bolster their bottom line, including:

  • Following up on an unopened email with an SMS, or vice versa.
  • Seamlessly continuing sessions across desktop and mobile, enabling customers to checkout or recover abandoned carts, regardless of browser cookies, login, or device.
  • Tracking and monitoring which audiences respond to which channels and leverage dynamic tags to segment and target accordingly.
  • Strengthening engagement and loyalty with personalized messages, invitations to exclusive flash sales, and product recommendations.
    • Hyper-targeted automated SMS’s based on real-time and historic user purchase and intent history

The Remarkety SMS Marketing platform is available to all our customers as of September 2020. For a limited time, customers who sign up for the platform can receive a $50 credit towards SMS, so they can try the platform absolutely risk-free. For more information visit: https://www.remarkety.com/sms-marketing

About Remarkety

Founded in 2012, Remarkety is a leading eCommerce Data-Driven Marketing Platform. Remarkety changes the way SMBs retailers market and resell to their customers, by giving them an enterprise-grade marketing power. Remarkety developed an industry-disrupted service to solve the marketing challenges of eCommerce SMBs by using big-data, shopping behavior and purchase history of millions of shoppers to execute targeted and segmented marketing strategies. More information can be found at https://www.remarkety.com/about-us.

Contacts

Maya Yeshurun

VP Marketing

(800) 570-7564

maya.yeshurun@remarkety.com

Categories
Business

Majesco positioned as a visionary in Gartner 2020 Magic Quadrant for Life Insurance Policy Administration Systems, North America

MORRISTOWN, N.J.–(BUSINESS WIRE)–Majesco (NASDAQ: MJCO), a global provider of cloud insurance platform software for insurance business transformation, today announced that it has been once again positioned as a Visionary in the August 2020 Magic Quadrant for Life Insurance Policy Administration Systems, North America.

Per the report, which evaluates 11 vendors, “This Magic Quadrant provides a lens into the North American market for life insurance policy administration system (PASs) used by individual and group life and annuity (L&A) insurers.”

“As the COVID-19 pandemic has clearly demonstrated, business operating conditions can change dramatically overnight, and life insurance PASs and the infrastructure on which they operate must be scalable, secure and adaptable to change,” says Richard Natale, Senior Director Analyst and Rajesh Narayan, Senior Director Analyst in the report. “Life insurance CIOs should be evaluating their PASs now to determine the degree to which they enable, or are a barrier to, this type of resiliency in the face of disruption.”

The report notes that “in the next 12 to 18 months, life insurance IT budgets will be under pressure. CFOs and CEOs will look at discretionary budgets for convenient ways to cut expenses in an effort to preserve capital and cash, such as discretionary spending earmarked for digital innovation. However, the potential does exist where PAS modernization accelerates to address operational issues that have been uncovered due to the pandemic. This could also accelerate the need for a PAS modernization or replacement. Examples include:

  • Consumer behavior and a material shift to digital channels
  • Long-term changes in consumer demand for insurance products
  • Data and analytics needed to address changes in risk and actuarial models
  • A permanent shift to how and where people work
  • New uses for automation, such as touchless claims handling
  • Rapid response to a crisis with products such as parametric insurance
  • Potential governmental intervention and regulation”

“Now more than ever, life insurance companies need a robust, cloud-based core insurance business platform that can satisfy the needs of today’s digital customer,” says Adam Elster, CEO of Majesco. “We’re honored to be named a Visionary by Gartner in the Magic Quadrant for Life Insurance Policy Administration Systems, North America. We remain committed to creating a future of insurance that is agile, nimble and fast. We are proud of the investments we’ve made this past year that we believe have strengthened our positioning on the Completeness of Vision axis. To us, this recognition reaffirms our commitment to creating an L&A and Group core system that will help our customers seamlessly transition to the future of insurance.”

Majesco L&A and Group Core Suite supports all individual, group and voluntary benefits on a single platform, recognizing that growing and retaining customers, regardless of where they originate, is critical to insurer’s growth strategies. The suite provides essential core system capabilities for policy, billing and claims. It brings a host of exciting, innovative capabilities to life, group and annuities insurance, such as an AI-powered group sales process to deliver digital RFP, an AI bot-driven conversational UX for navigation, and an always straight through processing approach to speed up transaction processing individually or across multiple points. The powerful design allows for rapid adaptation for new, innovative products or benefit plans, giving insurers the power, flexibility and speed needed to capture opportunities and create profitable growth.

“Majesco L&A and Group Core Suite brings a strong, innovative solution to life, annuities, group and voluntary benefits insurance market that will digitally enable the business from traditional products to new parametric products in this new era of insurance,” stated Manish Shah, President and Chief Product Officer for Majesco. “In our opinion, our Visionary positioning in the Magic Quadrant for Life Insurance Policy Administration Systems, North America is a result of strong execution of the product vision and demonstrates our commitment to innovation and understanding of the emerging shift in new customer needs and expectations to help our customers gain market leadership with a new generation of customers.”

Gartner “Magic Quadrant for Life Insurance Policy Administration Systems, North America,” Richard Natale, Rajesh Narayan, 3 August 2020.

Gartner Disclaimer

Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

About Majesco

Majesco (NASDAQ: MJCO) provides technology, expertise, and leadership that helps insurers modernize, innovate and connect to build the future of their business – and the future of insurance – at speed and scale. Our platforms connect people and businesses to insurance in ways that are innovative, hyper-relevant, compelling and personal. Over 200 insurance companies worldwide in P&C, L&A and Group Benefits are transforming their businesses by modernizing, optimizing or creating new business models with Majesco. Our market-leading solutions include CloudInsurer® P&C Core Suite (Policy, Billing, Claims); CloudInsurer® LifePlus Solutions (AdminPlus, AdvicePlus, IllustratePlus, DistributionPlus); CloudInsurer® L&A and Group Core Suite (Policy, Billing, Claims); Digital1st® Insurance with Digital1st® Engagement, Digital1st® EcoExchange and Digital1st® Platform – a cloud-native, microservices and open API platform; Distribution Management, Data and Analytics and an Enterprise Data Warehouse. For more details on Majesco, please visit www.majesco.com.

Cautionary Language Concerning Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act. These forward-looking statements are made on the basis of the current beliefs, expectations and assumptions of management, are not guarantees of performance and are subject to significant risks and uncertainty. These forward-looking statements should, therefore, be considered in light of various important factors, including those set forth in Majesco’s reports that it files from time to time with the Securities and Exchange Commission and which you should review, including those statements under “Item 1A – Risk Factors” in Majesco’s Annual Report on Form 10-K, as amended by its Quarterly Reports on Form 10-Q.

Important factors that could cause actual results to differ materially from those described in forward-looking statements contained in this press release include, but are not limited to: the adverse impact on economies around the world and our customers of the current COVID-19 pandemic; our ability to achieve increased market penetration for our product and service offerings and obtain new customers; our ability to raise future capital as needed; the growth prospects of the property & casualty and life & annuity insurance industry; the strength and potential of our technology platform and our ability to innovate and anticipate future customer needs; our ability to compete successfully against other providers and products; data privacy and cyber security risks; technological disruptions; our ability to successfully integrate our acquisitions and identify new acquisitions; the risk of loss of customers or strategic relationships; the success of our research and development investments; changes in economic conditions, political conditions and trade protection measures; regulatory and tax law changes; immigration risks; our ability to obtain, use or successfully integrate third-party licensed technology; key personnel risks; and litigation risks.

These forward-looking statements should not be relied upon as predictions of future events and Majesco cannot assure you that the events or circumstances discussed or reflected in these statements will be achieved or will occur. If such forward-looking statements prove to be inaccurate, the inaccuracy may be material. You should not regard these statements as a representation or warranty by Majesco or any other person that we will achieve our objectives and plans in any specified timeframe, or at all. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this presentation. Majesco disclaims any obligation to publicly update or release any revisions to these forward-looking statements, whether as a result of new information, future events or otherwise, after the date of this press release or to reflect the occurrence of unanticipated events, except as required by law.

Contacts

Laura Tillotson

Director, Marketing Communications and Creative Services

+ 201 230 0752

laura.tillotson@majesco.com

Categories
Business

Mercury Insurance offers contactless home inspections to policyholders in New York and New Jersey through Flyreel

Mercury’s home inspection app minimizes health risks by eliminating the need for outsiders to make an in-person home visit

LOS ANGELES–(BUSINESS WIRE)–Today, Mercury Insurance announced that the company is offering New York and New Jersey homeowners policyholders DIY inspection services using an advanced Artificial Intelligence (AI) assistant. Created by Flyreel, the app guides homeowners through a self-inspection of their property and gives them the option for a contactless experience, helping policyholders maintain their physical distance from those outside of the household during the COVID-19 pandemic. The AI assistant is available to download as a mobile app from the Apple App Store and Google Play.

“We do so much with smartphones now that giving our insureds the ability to use photos and video to capture and verify the characteristics of their property made so much sense,” said Holly Sacks, Mercury Insurance portfolio underwriter. “The AI in our app is top-class, making it super simple to complete a self-inspection. The step-by-step instructions are easy to follow and fun to use!”

New Mercury homeowner policyholders will be emailed a link to download the app and activate it. Then, they can complete the self-inspection at their leisure with no appointment needed. The virtual inspection is conducted with state-of-the-art AI, high fidelity video and a conversation feature to streamline the experience while capturing everything Mercury needs to accurately underwrite a policy. It also helps catalog belongings and building materials in the event the customer needs to file a claim. On average, the self-inspection process takes less than 30 minutes.

Flyreel, Mercury’s home inspection app technology partner, is the pioneer in developing advanced AI to help insurance providers protect policyholders and their property using AI-assisted, self-service inspections.

“We’re grateful for the opportunity to support Mercury Insurance as they push the envelope of innovation, deploying the best of today’s technology to better serve their customers,” said Cole Winans, CEO of Flyreel. “Their relentless commitment to protecting homeowners while delivering an industry-leading customer experience makes us proud to be their partner.”

Visit https://www.mercuryinsurance.com/insurance/homeowners/ to learn more about Mercury’s products and services.

About Mercury Insurance

Mercury Insurance (MCY) is a multiple-line insurance organization predominantly offering personal automobile, homeowners and business insurance through a network of independent agents in Arizona, California, Florida, Georgia, Illinois, Nevada, New Jersey, New York, Oklahoma, Texas and Virginia. Since 1962, Mercury has specialized in offering quality insurance at affordable prices. For more information, visit www.mercuryinsurance.com or Facebook and follow the company on Twitter.

About Flyreel

Flyreel provides Total Property UnderstandingTM for underwriting, loss control and claims. Flyreel’s advanced AI assistant guides users through fully configurable workflows. As users scan their property with their smartphone camera, Flyreel’s proprietary computer vision technology automatically documents critical property data like hazards, risks, features, materials and more. Flyreel’s AI Assistant can “react and respond” to data collected by the policyholder, adapting and customizing conversational workflows based on the unique attributes that it “sees” in near real-time. To learn more about Flyreel, visit https://www.flyreel.co/.

Contacts

PCG – Kyle Reuter (424) 903-3657

kreuter@pacificcommunicationsgroup.com

Flyreel, Inc. – Alyson Austin (949) 403-0484

alyson@gaffneyaustin.com