Artificial Intelligence
Visier Promises a “Workforce AI Edge” to Companies Worldwide Facing a Business Performance Erosion Crisis
Heightened investor expectations for efficient growth have collided with talent shortages, disengaged employees, and the lowest productivity growth in half a centuryVisier delivers AI solutions to help manage through and continuously adapt to a forever changed world of workVANCOUVER, BC, Sept. 3, 2024 /PRNewswire/ — Visier today announced its enhanced corporate mission to harness the power of AI to give companies a “Workforce AI Edge.” This comes at a time of growing global economic challenges and heightened investor expectations for efficient growth, colliding with stark workforce realities that are fundamentally at odds with this goal. AI has the very real potential to become a breakthrough fix, but it will also introduce new challenges as companies struggle to evolve their workforces to embrace AI.
Generative AI has arrived at the very moment when leaders worldwide are facing a perfect storm of challenges, converging to create a Business Performance Erosion Crisis:
Rising expectations for profitable growth–as a growth-at all-costs mindset gives way to heightened investor focus on efficient, sustainable growth. Stagnant productivity–evident in a marked rise in wages without an attendant rise in output, which by some measures, represents the slowest employee productivity growth in 44 years. Declining employee engagement–after a decade of workplace strife, according to Gallup, worker engagement hit an 11-year low in the first quarter of 2024 with 70% of employees admitting to being less than fully engaged.Widespread talent scarcity–structural shifts in population growth worldwide have created a lasting talent and skills gap in the labor market that will be felt for generations to come.”This is nothing short of a survival issue for companies of all sizes,” said Ryan Wong, co-founder and CEO of Visier. “CEOs worldwide are asking themselves how they can adapt their organization to solve this crisis. For most companies, it will mean embracing AI to unlock stalled productivity growth and to fill talent gaps, but doing so will mean navigating through the greatest workforce disruption in over 100 years. For that, Visier will help illuminate the path forward with insights and guidance that put them in control of this massive change and every disruption that follows.”
Visier gives organizations a Workforce AI Edge by unifying, illuminating and activating people and work data across an organization to better understand employees, the work they do, and the outcomes this work yields for the business. Putting this insight in the hands of managers and executives helps them answer questions like:
Which employees are most and least productive and why?What work is and isn’t impacting business performance?What roles and activities can and should be automated with AI?How should we pay people to improve fairness, equity, as well as business impact?What are the right pathways to create career progression, longevity, and impact for the business?”Vee,” Visier’s award-winning generative AI digital assistant, safely and securely answers these questions and many thousands of other questions, accurately, in real-time, and in the flow of their work.
Visier’s Real-Time People Data Platform
Visier helps organizations achieve a Workforce AI Edge with a powerful set of AI-ready assets and capabilities, including:
AI: Always-ready insights delivered by self-serve genAI, analytics and reporting, purpose-built to ensure accurate and secure insights scaled across an organization.Data: Critical people questions answered through pre-built content, metrics, calculations and more. Benchmarks from tens of millions of aggregated and anonymized employee records.Analytics: Fast and performant consolidation of your people and work data into an always-ready data layer.Security: Peace of mind with centralized, pre-built security, compliance and governance models.Together, these capabilities represent the industry’s first Real-Time People Data Platform, which can be used as a turnkey, fully integrated data management, analytics and genAI stack, or as a powerful set of extensible platform services that seamlessly interoperate with any data fabric, reporting infrastructure, and technology ecosystem.
AI is the single biggest disruptor to work and companies are forced to adapt their workforce and skills, adapt their technology, and even adapt their operating models. But both today’s companies, and their existing HR tech stacks, weren’t built for this pace of change.
“Visier is most powerful and impactful for our customers during times of change,” said Adam Binnie, chief innovation officer, Visier. “Whether it’s a global pandemic, a resignation wave, new regulations or ordinary mergers and acquisitions, companies need real-time insights they can trust to light the way as they guide their teams and orgs through periods of intense change. AI promises to be the most significant workforce change event in our lifetimes. Companies with Visier will have a Workforce AI Edge, weathering the storm much more successfully than their peers.”
“Open for Builders” Workforce AI Edge Ecosystem
Solving the Business Performance Erosion Crisis on a global scale will require the collective efforts of a community of innovators. That is why Visier’s Workforce AI Edge mission relies on the creativity and collective wisdom of customers and partners to build the last-mile bridge between Visier’s Real-Time People Data Platform and the specific business challenges unique to every industry.
In April, Visier announced “Open for Builders,” a companywide program to accelerate innovation on Visier’s open platform. This initiative has gained substantial momentum as customers and partners actively invest in unifying, illuminating and activating people and work data inside their software applications, analytics solutions, and business workflows to drive productivity and business results.
Visier Customer Innovation–Innovative Visier customers are already connecting the dots between people, work and outcomes to create a Workforce AI Edge for their organizations. “We’re linking business outcomes to what we need to do,” said Jaco van Vuuren, Human Capital COO at Standard Bank, Africa’s largest financial services company. “They’re not just beautiful insights…we’re making sure we link everything we do to revenue outcome or cost containment. The insight we get through [Visier] gives you a business outcome. And without that, you’re just reporting on what happened in the last month.”
Visier Embedded Partner Innovation–Embedded partners use Visier’s Real-Time People Data Platform to accelerate their reporting, analytics and genAI product roadmaps, delivering powerful and differentiated capabilities to their end customers to solve workforce challenges across industries. Leading people and worktech SaaS companies like Paycor and Augeo use Visier to power the analytics and AI capabilities inside their commercial products, representing over 60,000 end user organizations, and more than two million employees worldwide.
“Every company is now a data and genAI company, but few have the technology, talent, budget, customers, strategy and speed to get it right,” said Zack Johnson, general manager, Embedded at Visier. “Unlike past technology disruptions, there isn’t a margin for error with AI. For Visier, giving organizations a Workforce AI Edge means, in addition to providing the data platform for large enterprise companies, also partnering with leading software providers to deliver secure, compliant and highly differentiated genAI and analytics solutions, empowering companies of all sizes to stay agile and adaptive in this changing landscape.”
Visier Delivery Partner Innovation–Dozens of boutique and global consultancies and integrators are certified to implement and build solutions on Visier’s open platform, including Deloitte, which has a fully staffed Visier practice focused on giving companies a Workforce AI Edge. “The AI revolution comes at a time when a convergence of global workforce challenges are forcing companies to rethink basic assumptions about how work gets done,” said Marc Solow, managing director and workforce analytics practice leader at Deloitte Consulting LLP*. “AI has the potential to be both a breakthrough solution to these challenges, as well as another massive challenge unto itself. Through our strategic alliance, Deloitte and Visier give companies a Workforce AI Edge with the AI-driven insights and guidance they need to unlock new sources of growth and advantage, and to continuously adapt and evolve their workforce through an AI transformation and beyond in an increasingly volatile world.”
Join Visier and Deloitte Consulting LLP for an upcoming webinar: Adapting Work For The AI Era: How To Give Your Workforce an AI Edge on Tuesday, Oct. 8, from 9am to 10am PT / 12pm to 1pm ET.
Learn more about how Visier gives organizations a Workforce AI Edge at visier.com/workforce-ai-edge.
About Visier
Visier gives organizations a Workforce AI Edge: a set of AI-powered capabilities that help leaders understand the relationship between people and work, elevate the productivity of their employees, and win by adapting to change faster. The company is the global leader in AI-powered people analytics, workforce planning, and compensation allocation. All Visier technology is underpinned by its Real-time People Data Platform, which uses AI to unlock the business-transforming potential of people data, work data, and the fusion of both. Founded in 2010 by the pioneers of business intelligence, Visier has over 60,000 customers in 75 countries—including enterprises like BASF, Panasonic, Experian, Amgen, eBay, Ford Motor Company, and more. To learn more about Visier, visit www.visier.com.
*Please see deloitte.com/us/about for a detailed description of the company’s legal structure.
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Artificial Intelligence
CYRISMA, a leading Risk Management Platform for MSPs, secures $7 million Growth Equity Financing led by Blueprint Equity
ROCHESTER, N.Y., Oct. 9, 2024 /PRNewswire/ — CYRISMA, an all-in-one risk management platform, announced its Series A financing today. Led by Blueprint Equity, with participation from SaaS Venture and Golden Ventures, the funding will accelerate CYRISMA’s platform development, fuel customer success, and expand sales and marketing initiatives.
CYRISMA accelerates security programs for MSPs by providing a cost-effective, all-in-one solution to identify, prioritize, and remediate vulnerabilities, track compliance requirements, and manage AI security risk.
“In partnering with Blueprint Equity, we are excited to leverage their expertise and resources to further enhance our platform and support our customers,” said Liam Downward, co-founder and CPO of CYRISMA. “This investment will allow us to continue delivering an affordable and comprehensive risk management solution, empowering MSPs to protect their clients effectively. Additionally, it enables us to enter into new markets, expanding our reach and increasing brand awareness.”
Blueprint Equity’s Sheldon Lewis, who will join CYRISMA’s Board of Directors, commented, “With the rise of security threats for SMBs, there’s been an increasing number of businesses outsourcing their cybersecurity to MSPs. This has accelerated demand in the market for strong, multi-tenant cybersecurity solutions for MSPs to best serve their clients.” He added, “We were drawn to the breadth of the CYRISMA platform and their strong customer satisfaction. Oliver Downward, CEO, Liam, and the team have an unparalleled insight into the MSP market, and we’re honored to partner with CYRISMA during their next phase of growth.”
About CYRISMA
CYRISMA is an all-in-one risk management platform for Managed Service Providers. With the rise in security threats and demand for cybersecurity services, CYRISMA provides MSPs with an effective, all-in-one solution to manage their cybersecurity initiatives for clients in a multi-tenant platform. To schedule a demo of CYRISMA, please visit https://www.cyrisma.com/.
About Blueprint Equity
Blueprint Equity provides expansion capital to high-growth, capital-efficient enterprise software and technology-enabled services businesses worldwide. Blueprint has $275 million of assets under management and is based in La Jolla, CA. For more information, please visit www.onblueprint.com.
Media Contact:Oliver [email protected]
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Artificial Intelligence
Centivax Selects Global CDMO BioCina to Initiate cGMP Manufacturing of Revolutionary Universal Influenza Vaccine
ADELAIDE, South Australia, Oct. 9, 2024 /PRNewswire/ — BioCina Pty Ltd., a global end-to-end biologics Contract Development and Manufacturing Organization (CDMO), announced a new partnership with Centivax, Inc., for a project involving cell line development, cell banking and plasmid DNA manufacture. Centivax is developing Cent-Flu, a universal influenza vaccine, consisting of a proprietary multivalent mixture of 22 unique mRNA transcripts delivered as a lipid nanoparticle (LNP) encapsulated mRNA vaccine. In vivo, the vaccine has been demonstrated to convey protection against current, past, and future influenza strains. BioCina will provide proven expertise in the selection of optimal plasmid manufacturing cell lines, Master Cell Bank (MCB) and plasmid manufacturing, to support Centivax’s progression to First-in-Human clinical trials.
BioCina’s Chief Executive Officer, Mark W. Womack stated, “We’re privileged to support Centivax’s breakthrough approach to sustained flu prevention and we couldn’t be more excited to be their partner of choice to initiate cGMP manufacturing, thus advancing the journey to bring such an important vaccine to market. This is a tremendous opportunity for the BioCina Team to leverage our world-class capabilities in cell line development, cell banking, and cGMP plasmid production.”
Centivax’s Chief Executive Officer, Jacob Glanville, said, “We are thrilled to announce BioCina as our Master Cell Bank manufacturing partner for the first phase of manufacturing our universal influenza vaccine. BioCina’s exemplary expertise and track record in mRNA/LNP MCB, combined with their state-of-the-art facilities, aligns perfectly with Centivax’s commitment to innovation and quality. This partnership enables us to leverage BioCina’s expertise to ensure the highest standards of vaccine production. Together, we’re taking a significant step forward in bringing our universal influenza vaccine to market, with the goal of providing broad, lasting protection against the disease on a global scale.”
About BioCinaBioCina is a global end-to-end biologics Contract Development and Manufacturing Organisation (CDMO), offering highest-quality, cost-effective cell line, process, analytical and formulation development, and cGMP clinical & commercial manufacturing for the microbial, pDNA and mRNA modalities. BioCina’s first facility in Adelaide, South Australia has a rich history of developing and manufacturing both clinical and commercial drug substance, backed by most critical SME’s having an average tenure of 15+ years at the site. BioCina boasts an elite quality record having successfully passed regulatory inspections by the US FDA, EMA, TGA and Health Canada. Through a partnership with NovaCina, BioCina offers clients a highest-quality fill-and-finish solution. BioCina is proud to have clients globally, including the U.S., Europe, and the Asia Pacific. Australia offers one of the most attractive tax incentives globally (up to 48.5% cash refund), and one of the world’s premier trial networks, making it an ideal destination for biologics companies looking to invest in scaling-up and manufacturing products. Visit https://biocina.com.
About CentivaxCentivax is a universal vaccine platform technology company founded and led by experts in vaccinology, vaccine regulatory affairs, immunology, and computational bioengineering. The universal vaccine platform intellectual property has demonstrated unprecedented breadth of protection against influenza and coronaviruses. The platform delivers ultra-broad neutralizing titers, HAI titers and in-vivo protection in ferrets, pigs, rats, mice and human immune organoids. Development of the Centivax platform has been financially supported by the Global Health Investment Corporation (GHIC) BARDA venture arm, NFX, BLUE KNIGHT™ J&J/BARDA program, the Bill and Melinda Gates Foundation, the National Institute of Health (NIH), the Naval Medical Research Center, the Walter Reed Army Institute of Research, the Medical Technology Enterprise Consortium, the Department of Defense, and the National Institute for Innovation in Manufacturing Biopharmaceuticals. Centivax is on a mission to accelerate the world’s transition to a post-pathogen humanity.
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Artificial Intelligence
Hyperview Revolutionizes Data Center Management with Advanced DCIM Suite
New Carbon Footprint Reporting Delivers Unmatched Insights, Optimizing Sustainability and Performance
VANCOUVER, British Columbia, Oct. 9, 2024 /PRNewswire/ — Hyperview, the leading cloud-based data center infrastructure management (DCIM) platform, today unveiled a suite of groundbreaking features set to transform data center management through detailed measurement and comprehensive sustainability tools.
At the heart of this is Hyperview’s new carbon footprint reporting system, providing granular insights that surpass traditional location-based methods. The initial offering provides location and rack-level carbon footprint reporting, with future releases set to include carbon footprint reporting down to the asset level. This phased approach enables a level of detailed analysis previously unseen in the industry, allowing for more informed, impactful operational decisions. By offering a holistic view of a data center’s environmental impact, from equipment performance to overall energy consumption, Hyperview is setting a new standard for sustainability management in the digital infrastructure sector.
“The timing of this release is crucial”, says President and CEO Jad Jebara. “As the data center industry faces mounting pressure to address its environmental impact. Data centers currently consume 1.5% of the global energy supply and emit 59 million metric tonnes of CO2 annually. Without significant intervention, experts project this consumption could skyrocket to 8% by 2030. Hyperview’s solutions enable targeted reduction strategies, addressing inefficiencies in IT equipment management and providing detailed emissions analysis.”
Key Highlights:
Phased Reporting Implementation: Initial offering includes location and rack-level carbon footprint reporting, with asset-level insights coming in future releases.Asset-Level Analysis: Enables impactful decision-making through detailed equipment, material, and power data.Predictive Capabilities: Offers current data and future predictions, surpassing competitors’ reliance on historical information.Cost-Effective Solution: Eliminates need for additional professional services through automated data collection and presentation.Regulatory Compliance: Assists in navigating evolving regulations (SB 253, CSRD, EED) while improving ESG performance.Comprehensive Sustainability Tools:Carbon footprint tracking and managementUnlocking stranded power and cooling capacityMonitoring energy usage efficiency and kilowatt hours at rack-levelSetting rack-level thresholds for power and temperatureMonitoring temperature, Delta-T, and humidity”Hyperview’s precision in digital infrastructure management is akin to diagnosing a specific medical condition rather than broadly identifying an illness,” continues Jebara “While competitors might broadly identify issues, Hyperview pinpoints specific causes, enabling our clients to make targeted improvements, significantly reducing their carbon footprint and operational costs.”
These features allow clients to gain a detailed understanding of their energy consumption and identify areas for improvement, contributing to significant carbon footprint reductions. The platform’s detailed data helps clients understand their current situation and make accurate future predictions.
With this advanced DCIM suite, Hyperview reaffirms its position as a leader in data center management solutions, offering unparalleled tools for sustainability, efficiency, and regulatory compliance. As the industry evolves, Hyperview remains at the forefront, driving innovation and enabling data centers to meet the challenges of tomorrow.
To experience Hyperview’s Carbon Footprint Reporting firsthand, schedule a demonstration at https://www.hyperviewhq.com/carbon-footprint/
About Hyperview
Hyperview is the leading cloud-based data center infrastructure management (DCIM) platform that empowers enterprises to optimize capacity, reduce power and energy consumption, lower costs, and avoid outages. The powerful and easy-to-use platform includes Asset Management, Energy Management, Power and Environmental Monitoring, Capacity Planning, and 3D Visualization. Learn more at www.hyperviewhq.com.
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