Connect with us
European Gaming Congress 2024

Artificial Intelligence

PRGX Unveils Supplier Connect: Reshaping Supplier Engagement with a Transformative, AI-Powered Platform

Published

on

prgx-unveils-supplier-connect:-reshaping-supplier-engagement-with-a-transformative,-ai-powered-platform

ATLANTA, April 9, 2024 /PRNewswire/ — PRGX, the leader in global data management and the pioneer of Recovery Audit, is proud to launch Supplier Connect™ – a transformative, AI-powered platform designed to redefine Accounts Payable engagement with suppliers by facilitating greater collaboration and delivering exceptional efficiency in invoice inquiry and dispute management.

Retailers today grapple with an overwhelming and increasing volume of supplier inquiries and disputes, straining their resources and relationships with suppliers. Supplier Connect transforms manual processes into streamlined, AI-driven workflows that resolve supplier inquiries and disputes more quickly and accurately, thereby strengthening supplier relationships.
“Supplier Connect represents a monumental leap forward in simplifying the supplier inquiry and dispute resolution process. By reducing dispute resolution time by up to 55% and unnecessary repayments by up to 40%, we are setting a new standard for operational efficiency in the industry,” said James Sly, PRGX President and Chief Operations Officer. “This platform stands out in its ability to unearth and tackle the underlying issues behind payment inquiries and disputes, resulting in improved cooperation between businesses and suppliers.”
“Our AI-powered automation is a game-changer. It handles routine queries and conducts complex data analyses, freeing up our clients to focus on strategic business areas. This is how we offer less stress and more savings,” according to Patrick Kelly, Chief Data Intelligence Officer at PRGX. Kelly adds that, “Supplier Connect is engineered to deliver seamless self-service, with a centralized portal for managing inquiries and disputes, enhancing transparency, and providing a single source of truth for all parties involved.”
Emphasizing a Legacy of Innovation Michael Lustig, CEO of PRGX, commented on the new platform’s role in the company’s history of industry leadership, “Supplier Connect is the latest leap in our longstanding commitment to driving value through innovation. It is a testament to our five-decade legacy of transforming how businesses engage with their data and their suppliers. As part of PRGX’s expanding portfolio of client and supplier solutions, Supplier Connect is the result of truly listening to the challenges and pain points of the marketplace.”
As PRGX continues to lead in innovation within the source-to-pay (S2P) profit recovery and data intelligence domain, Supplier Connect represents the company’s ongoing commitment to providing sophisticated, value-driven solutions. Discover PRGX Supplier Connect and experience the future of supplier engagement and dispute resolution at prgx.com/getconnected.
About PRGXFor five decades, PRGX has revolutionized data intelligence, recovery audit and contract management,, establishing itself as the authoritative figure in source-to-pay analytics and margin expansion. With operations across over 30 countries, PRGX’s tech-enabled recovery services and data intelligence solutions generate for our clients an excess of $2 billion in annual cash flow, enhancing the financial well-being and operational strength of businesses around the globe.
Photo – https://mma.prnewswire.com/media/2382647/PRGX_Supplier_Connect.jpg

View original content:https://www.prnewswire.co.uk/news-releases/prgx-unveils-supplier-connect-reshaping-supplier-engagement-with-a-transformative-ai-powered-platform-302111950.html

Continue Reading
Advertisement

Artificial Intelligence

Stefanini Group Appoints Farlei Kothe as CEO for NA, EMEA, and APAC Regions

Published

on

stefanini-group-appoints-farlei-kothe-as-ceo-for-na,-emea,-and-apac-regions

BRUSSELS, Oct. 10, 2024 /PRNewswire/ — Stefanini Group, a global tech multinational that assists customers in their digital transformation, has appointed Farlei Kothe as the CEO for the NA, EMEA, and APAC regions. With over 15 years of experience at Stefanini, Farlei Kothe’s leadership aims to drive efficiency and strengthen Stefanini’s market position across key regions.

Stefanini aims to integrate its teams across these regions, ensuring seamless collaboration and operational excellence. By uniting resources, the company wants to offer a unified, consistent client experience. “Our focus is to drive results. We are aligning our teams across the NA, EMEA, and APAC regions to break down silos and strengthen Stefanini’s position as a unified, globally competitive organization,” said Farlei Kothe, CEO Officer for the NA, EMEA, and APAC regions.
Stefanini leverages AI and automation to enhance operations, decision-making, and efficiency across regions.
“AI and automation will revolutionize how we operate, driving rapid innovation, improving client services, and streamlining our global operations. We’re on a mission to standardize essential processes and crank up efficiency through smart automation” Farlei Kothe emphasized.
Stefanini is taking bold steps to centralize management, strengthen cross-regional communication, and implement advanced digital tools to optimize collaboration. These shifts will eliminate redundancies, accelerate decision-making, and improve response times for clients across different regions. Clients can expect more consistent services, faster resolutions, and access to a broader range of global resources, all while maintaining local support.
“Farlei has the expertise and entrepreneurial spirit to unify these critical regions and ensure we continue delivering unparalleled value to our clients. They will benefit from a unified approach, gaining access to a wider range of global resources while still receiving localized support,” said Marco Stefanini, Founder and Global CEO of Stefanini Group.
In the short term, the company expects operational costs to decrease, while in the longer term, Stefanini aims for stronger client relationships, improved brand unity, and revenue growth driven by innovative solutions.
About Stefanini
Stefanini is a global tech multinational originating from Brazil, with more than 35 years of experience in the market and a presence in 41 countries. The company invests in a comprehensive innovation ecosystem to support key industry verticals and assist customers in their digital transformation. With robust offerings aligned with market trends such as AI, automation, cloud, Internet of Things (IoT), and User Experience (UX), the company has received multiple awards and recognition in the field of innovation. 
Logo – https://mma.prnewswire.com/media/2053451/Stefanini_Group_Logo.jpg

View original content:https://www.prnewswire.co.uk/news-releases/stefanini-group-appoints-farlei-kothe-as-ceo-for-na-emea-and-apac-regions-302273028.html

Continue Reading

Artificial Intelligence

Northern Data Group Announces Third Quarter 2024 Earnings Conference Call

Published

on

northern-data-group-announces-third-quarter-2024-earnings-conference-call

FRANKFURT, Germany, Oct. 11, 2024 /PRNewswire/ — Northern Data AG (ETR: NB2) (‘Northern Data Group’ or ‘the Group’ ), a leading provider of AI and high-performance computing (HPC) solutions, today announces that it has scheduled its third quarter 2024 earnings conference call for Thursday, October 17th, 2024, at 4:00 P.M. CET.

During the call, management will discuss its operations and the financial results for the quarter ended September 30, 2024.
This conference call will be available through an audio webcast. Please use this link to register.
Additionally, analysts can join the conference call using their local dial-in number:
Germany Toll-Free: +49 800 0009712United Kingdom/International Toll-Free: +44 800 358 1035United States Toll-Free: +1 855 979 6654Global dial in numbers can be found here
Access code required: 183303
A replay of the conference call will be available through the Investor Relations section of the Northern Data Group website at Publications (northerndata.de)
 
About Northern Data Group:
Northern Data Group (ETR: NB2) Northern Data Group is a leading provider of AI and High-Performance Computing (HPC) solutions, leveraging high-density, liquid cooled, GPU-based technology to empower the world’s most innovative organizations. Together with our partners, we are passionate about the potential of HPC to drive not only technological advancements but also societal progress.

View original content:https://www.prnewswire.co.uk/news-releases/northern-data-group-announces-third-quarter-2024-earnings-conference-call-302273429.html

Continue Reading

Artificial Intelligence

At World Fibre Conference, YOFC Unveils Next-Gen Intelligent Networks for the AI Age

Published

on

at-world-fibre-conference,-yofc-unveils-next-gen-intelligent-networks-for-the-ai-age

SHANGHAI, Oct. 11, 2024 /PRNewswire/ — At the 2024 World Optical Fibre & Cable Conference held in Shanghai on October 10th, Yangtze Optical Fibre and Cable Joint Stock Limited Company (YOFC), showcased its leadership in optical technology. YOFC, renowned for its extensive work in the R&D and manufacturing of optical preform, fibres, optical cables, and data communications products, has been a principal partner of this event for many years. ZHUANG Dan, Executive Director and President of YOFC, attended the conference and delivered a keynote speech titled “Accelerating the Construction of New Optical Networks in the AI Era and Building a New Chapter of Intelligent Future.” He also engaged in a roundtable discussion with senior executives from international giants such as Europe-based Prysmian and US-based Corning, exploring key industry topics in the AI era and discussing the future of the sector.   

Mr. Zhuang discussed how AI is driving a global scientific and technological revolution, ushering society into a new era of intelligence. The transition is characterized by a dramatic surge in data traffic and increased computational needs, placing greater demands on the infrastructure supported by fibre optic networks. Concurrently, with the advancement of AI technology and the rapid evolution of fibre and cable technology, numerous new fibre products are being developed and introduced to the market. These innovations are designed to enhance various types of network infrastructure and proactively shape an intelligent future.
Specifically, innovative fibres featuring miniaturization, high-density, and anti-bending capabilities can significantly support the evolution of fixed networks towards higher density and speed, enabling the transition from Gigabit to 10 Gigabit. Additionally, advanced fibres with large bandwidth, low-loss, and low-latency properties are vital for rolling out new generations of mobile networks, such as 5G-A and soon 6G. These fibres are not just enhancing mobile networks but are also essential for data centers, where they support massive data flows by providing high-density, low-latency, and energy-efficient optical interconnections. Additionally, the role of submarine cables, which boast large capacity, extended reach, and superior stability, remains indispensable in building the backbone of the global communication network.
Amidst these technological shifts, YOFC has capitalized on the opportunities presented by AI innovations. The company recently unveiled its i-Fibre series, which stands out for its ultra-large capacity, minimal loss, and low latency, combined with integrated sensing, communications capabilities, and environmentally friendly features. Through this initiative, YOFC is aiming to provide robust infrastructure support necessary for building an intelligent future.  
Notably, YOFC’s G.654.E fibre stands out with ultra-low attenuation. It combines a low non-linear effect (large effective area) with a small attenuation coefficient, significantly extending transmission distances. These features make it a preferred choice for 800G and 1.6T ultrahigh-speed transmission in the AI era. Since initiating the R&D of the fibre in 2010, YOFC has achieved a leading position in the global market, deploying more than one million fibre kilometers of this cutting-edge product. With a substantial market presence in China, the company has notably impacted infrastructure projects for major telecoms and utility providers including China Mobile, China Telecom, China Unicom, and the State Grid Corporation of China, and has expanded its influence to projects in the Philippines, Brazil, and beyond.  
To meet the demand for ultra-large bandwidth and high-speed interconnections in data centers, particularly within intelligent computing networks, YOFC has rolled out next-generation high-end multimode fibres, including the OM4 Ultra and OM5. These fibres have been widely adopted in numerous large data centers worldwide, driving intelligent computing into a new era of high efficiency and environmental responsibility.
Additionally, YOFC remains committed to the R&D of next-generation mainstream fibres, such as space division multiplexing (SDM) fibres and hollow-core fibres. SDM fibre, which can increase the transmission capacity of a single fibre by tenfold, is engineered to satisfy the needs for ultra-large capacity and ultra-high density connectivity in the AI era. YOFC has ramped up to mass production, supported by comprehensive in-house capabilities for developing key raw materials and an array of production and testing equipment. The company is actively conducting pilot tests with operators to refine these advancements.
Furthermore, YOFC is pioneering in hollow-core fibre technology, which offers substantial advantages over traditional solid-core fibres by significantly reducing latency and attenuation while boosting capacity. This is particularly beneficial for applications that require minimal latency, such as long-distance communications and data center interconnections crucial for powering extensive AI models. With robust in-house research and collaborative efforts with both domestic and international carriers and data centers, YOFC is not only advancing technology but also solidifying its leadership in the field, accumulating valuable engineering experience and showcasing its industrial expertise.
Sir Charles Kuen Kao, who invented fibre optics, famously declared that this technology would dominate for 1,000 years. Echoing this sentiment, Mr. Zhuang pointed out that the current data and computation surge in the AI era is catalyzing swift advancements and industrial improvements within the industry. According to CRU’s latest forecast, the global fibre and cable market is anticipated to experience an average annual growth rate of 4.6% by 2028, with Asia-Pacific, Africa, and North America exceeding 5%. These figures signal a robust future growth phase for the sector.
Since its establishment in 1988 and the commencement of operations in 1992, YOFC has been committed to connecting every corner of the world with optical fibres. The company has delivered over 1 billion core kilometers of fibres, operating in more than 100 countries and regions while serving over 3 billion people. YOFC has also reduced its carbon footprint by 9.25 million tons and contributed to increasing the global penetration of fibres. On its journey to harness the power of light, YOFC remains steadfast. As Mr. Zhuang indicated, YOFC will stay true to its mission of continuously innovating, and developing more advanced, reliable, and premium products and solutions. In collaboration with industry peers, the company seeks to accelerate the construction of next-generation fibre networks in the AI era, collectively envisioning a grand blueprint for an intelligent future.
Photo – https://mma.prnewswire.com/media/2528416/image_5006683_6590746.jpg

View original content:https://www.prnewswire.co.uk/news-releases/at-world-fibre-conference-yofc-unveils-next-gen-intelligent-networks-for-the-ai-age-302273798.html

Continue Reading
Advertisement
Advertisement

Latest News

Trending