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Firstsource positioned as a ‘Leader’ in Lending Services Operations PEAK Matrix® Assessment 2024 by Everest Group

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MUMBAI, India, Sept. 27, 2024 /PRNewswire/ — Firstsource Solutions Limited (NSE: FSL) (BSE: 532809), a leading global provider of specialist domain-led Business Process Services (BPS) and an RP-Sanjiv Goenka Group company, has been positioned as a Leader in the Everest Group’s Lending Services Operations PEAK Matrix® Assessment 2024.

The Lending Services Operations PEAK Matrix ® Assessment 2024 evaluated and classified 30 lending service providers based on their market impact, and vision, and capability, as well as scalability and client references into the three categories of Leaders, Major Contenders, and Aspirants. Firstsource was positioned as a ‘Leader’ among service providers for achieving growth, despite challenging market conditions, offering a balanced range of services across the lending value chain—commercial, consumer, mortgage, and auto lending – providing a diverse set of clients with a complete experience, driving innovation, and investing to augment their Al-based in-house solutions suite.
Vivek Sharma, President – BFS, CMT, and Emerging Geos, Firstsource, shared, “Being recognized as a Leader in the 2024 Lending Services Operations PEAK Matrix® Assessment is a powerful validation of our focused strategy. We have deliberately chosen to limit our domains and deepen our expertise in those areas, and this recognition reinforces that commitment. Our comprehensive operations, supported by Collection and Lending Innovation Labs in the U.S. and U.K., leverage AI-driven solutions and a strategic global reach to enhance customer experience, drive operational excellence, and deliver innovation—all under one roof.
“As the lending services industry continues to evolve, our emphasis on innovation and value creation across the entire lending value chain positions us as a trusted partner for organizations seeking to future-proof their business. This acknowledgment highlights our role in driving the future of the industry and solidifies our leadership in delivering cutting-edge solutions that meet the complex needs of our clients.”
Sahil Chaudhary, Practice Director, Everest Group, shared, “Firstsource’s impetus on innovation and digital solutions has helped it to drive growth, as well as making it a preferred BPS partner amid the challenging economic landscape in the lending operations market. Their well-diversified clientele across the lending value chain, combined with strategic investments in in-house AI-based solutions, has established it as a Leader in Everest Group’s Lending Services Operations PEAK Matrix® Assessment 2024.”
To download a copy of the assessment, please visit: Firstsource Named a Global Leader by Everest Group Peak Matrix 2024 – Firstsource
About Firstsource
Firstsource Solutions Limited, an RP-Sanjiv Goenka Group company (NSE: FSL) (BSE: 532809) (Reuters: FISO.BO) (Bloomberg: FSOL:IN), is a specialized global business process services partner, providing transformational solutions and services spanning the customer lifecycle across Healthcare, Banking and Financial Services, Communications, Media and Technology, and other diverse industries. With an established presence in the US, the UK, India, Mexico, Australia, South Africa, and the Philippines, we make it happen for our clients, solving their biggest challenges with hyper-focused, domain-centered teams and cutting-edge tech, data, and analytics. Our real-world practitioners work collaboratively to deliver future-focused outcomes. (www.firstsource.com)
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Artificial Intelligence

Huawei Unveils the Xinghe Intelligent Autonomous Driving Network Solution, Accelerating Digital and Intelligent Transformations Across Industries

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SHANGHAI, Sept. 27, 2024 /PRNewswire/ — At HUAWEI CONNECT 2024, the “Xinghe Intelligent Autonomous Driving Network” session successfully brought together over 100 representatives from enterprises, industry experts, and partners. During this session, Huawei introduced the industry’s first L4 autonomous driving network solution — Xinghe Intelligent Autonomous Driving Network, paving the way for comprehensive digital and intelligent transformations across various sectors.

As AI technologies reach critical milestones and AI applications approach a tipping point, industries are increasingly adopting AI solutions. Also, the rapid advancement of computing power has led to the widespread implementation of digital twins and various large language models (LLMs), driving network intelligence into a new phase of rapid development. The integration of these new technologies into the network domain is becoming inevitable.
To address these advancements, Huawei launched the Xinghe Intelligent Autonomous Driving Network solution for enterprises. Wang Hui, President of NCE Domain at Huawei Data Communication Product Line, emphasized that the solution features a three-layer architecture comprising intelligent network elements (NEs), digital twins, and an intelligent brain. It integrates foundational capabilities, including the 10B-level-corpus telecom foundation model and cloud-map algorithm powered simulations, to create an L4 autonomous driving network capable of self-identifying risks, autonomously resolving faults, and self-verifying changes. This solution offers an AI-assisted O&M expert designed for various industries, including finance and education.
Intelligent NEs: These NEs can sense comprehensive data — including services, traffic, and applications — within milliseconds, providing essential data for network-wide intelligence and significantly enhancing the processing efficiency of underlying network devices.Digital twins: The network digital map creates a multi-dimensional, real-time visualization of the network, allowing for online simulations. It offers a lightweight operations and maintenance (O&M) solution that facilitates trial and error, accelerating the innovative iteration of network operations.Intelligent brain: Utilizing the telecom foundation model, this component accurately interprets user intentions through natural language, transforms user requirements, and dynamically invokes various scenario-based AI agents, achieving end-to-end network intelligence.As AI model technologies continue to evolve and deepen in application, Huawei remains committed to ongoing research and development, striving for more precise intelligent decision-making and efficient automated management across various scenarios, ultimately helping customers’ networks advance towards L4 high-level intelligence.
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SUPCON debuted at KIOGE 2024, further enhancing its localized services

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HANGZHOU, China, Sept. 27, 2024 /PRNewswire/ — From September 25th to 27th, the Kazakhstan International “Oil & Gas” Exhibition and Conference (KIOGE 2024) was successfully held at the Atakent Exhibition Center in Almaty. More than 380 companies from 19 countries, including China, Kazakhstan, Germany, and the UK, participated in this event. As one of the largest industry exhibitions for the oil and gas sector in Central Asia and the entire Caspian region, KIOGE, which began in 1993, has become an authoritative platform for many renowned large oil and gas production companies, oil and gas service companies, oil and gas equipment manufacturers, and automation & instrumentation manufacturers to showcase the latest products, technologies, and solutions in Kazakhstan’s oil and gas industry, implement “smart” technologies, and digitize oil extraction processes.

This year, many Chinese enterprises participated in KIOGE. SUPCON was invited to the event for the first time, where it comprehensively presented the company’s development status. The exhibition highlighted SUPCON’s new “1+2+N” Smart Plant Architecture, innovative achievements centered around the “4 Data Platform + 1 AI Engine”, and many other digital transformation products & solutions. Moreover, SUPCON emphasized the typical products and industrial applications in the oil and gas industry, attracting considerable attention from numerous visitors.
Customers from well-known institutions such as the National Company “KazMunayGas”, CNPC, Chevrolet, and The Astana Times visited the SUPCON booth, deepening their recognition of the SUPCON. They highly praised SUPCON’s commitment to the four major goals of “Safety, Quality, Green, and Profit” and its cutting-edge exploration to build core competencies in “AI + Data”. They expressed their approval and cooperation intentions for SUPCON’s practice of efficiently activating the industrial vitality of Central Asia through the new “5S Store + S2B Platform” one-stop service model, localization services, digital technology, and synergistic efforts with ecosystem partners.
KIOGE 2024 provides a great opportunity to continuously enhance SUPCON’s international image, especially its brand awareness in Central Asia, boost market expansion in the region, deepen localized services, and strengthen cooperation and communication with international peers. At the same time, considering the relatively low levels of automation and digitization in Central Asia, SUPCON remains committed to being customer-oriented. By refining product technologies and solutions, “SUPCON’s power & Chinese technology” continues to empower the digitalization, intelligentization, and sustainable development of process industries in Kazakhstan and throughout Central Asia.
Central Asia is one of the world’s largest oil and gas production and export regions. As a key focus of SUPCON’s overseas strategy, SUPCON will continue to increase investment and collaborative efforts in Central Asia. Subsidiaries have been established in Kazakhstan and Uzbekistan, covering the entire Central Asian region, driving the transformation of the process industries in Central Asia from traditional manufacturing models to highly automated and intelligent systems, and achieving high-quality, sustainable development.
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Frost & Sullivan Awards MC Digital Realty 2024 Japan Company of the Year Award for Leading Data Center Solutions

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MC Digital Realty leverages advanced technology and strategic investments to provide comprehensive colocation services in Japan’s data center market, addressing Japanese businesses’ needs for sustainability and AI workloads
SAN ANTONIO, Sept. 27, 2024 /PRNewswire/ — Frost & Sullivan recently researched the data center services industry and, based on its findings, recognizes MC Digital Realty: A Mitsubishi Corporation and Digital Realty Company, with the 2024 Japan Data Center Services Company of the Year Award. MC Digital Realty offers a full spectrum of data center solutions to over 5,000 customers across more than 25 countries on six continents.

“The company demonstrates a strong focus on the Japanese market through continued investments. Strategic partnerships and innovations aligning with transforming customer expectations enable the service provider to achieve success in the country,” said Nishchal Khorana, Global Vice President of ICT at Frost & Sullivan.
The company’s state-of-the-art data centers are designed to meet the rigorous demands of AI workloads, providing flexible and customized facilities that can easily handle intensive model training and real-time inferencing. By leveraging the strength of PlatformDIGITAL® Digital Realty’s global data center platform, MC Digital Realty interconnects over 1,100 cloud and IT services, 1,200 network services in 25+ countries, 50+ metros, and 300+ data center locations on six continents. Additionally, MC Digital Realty’s investments in liquid cooling solutions have enabled multiple data centers to handle the high-density demands of AI applications, solidifying the company’s position as a market leader.
The company regularly optimizes its operational resilience and disaster preparedness. It strategically locates its data centers in areas with low seismic risk and employs innovative seismic isolation technology to protect its infrastructure from natural disasters. Moreover, its commitment to turning data into actionable insights ensure uninterrupted customer service and unsurpassed reliability, helping the company stay at the top of its industry.
MC Digital Realty also demonstrates its market leadership by leveraging its relationship with Mitsubishi Corporation to match electricity usage in its colocation data halls with 100% carbon-free and renewable energy. It integrates advanced cooling technologies and energy-efficient infrastructure to minimize its carbon footprint. By adopting these green practices, the company meets ever-evolving regulatory requirements and exceeds industry standards, setting a new benchmark for environmental responsibility in the market. This initiative aligns with the growing demand for sustainable practices and reflects the company’s dedication to reducing its environmental impact.
“MC Digital Realty matches the electricity usage in the colocation service data hall at its NRT10 and KIX11 data centers with 100% carbon-free and renewable energy by purchasing FIT non-fossil certificates from MC Retail Energy. This commitment to renewable energy demonstrates sustainability prioritization and aligns with the growing demand for sustainable practices among customers,” said Ojaswi Rana, Best Practices Research Analyst at Frost & Sullivan.
“We are deeply honored to receive this award from Frost & Sullivan, a testament to our unwavering dedication to innovation and setting standards of excellence in the dynamic data center industry. Leveraging the strength of PlatformDIGITAL™, MC Digital Realty empowers businesses to harness the full potential of AI by delivering cutting-edge, sustainable facilities that anticipate future demands. This recognition validates our commitment to providing unparalleled flexibility, reliability, and environmental stewardship as we catalyze our clients’ accelerated digital transformation,” said Kosei Hatakeyama, Representative Director and CEO, MC Digital Realty, in accepting the award. 
Each year, Frost & Sullivan presents a Company of the Year Award to the organization that demonstrates excellence in terms of growth strategy and implementation in its field. The award recognizes a high degree of innovation with products and technologies, and the resulting leadership in terms of customer value and market penetration.
Frost & Sullivan Best Practices Awards recognize companies in various regional and global markets for demonstrating outstanding achievement and superior performance in leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analyses, and extensive secondary research to identify best practices in the industry.
About Frost & Sullivan
For six decades, Frost & Sullivan has been world-renowned for its role in helping investors, corporate leaders, and governments navigate economic changes and identify disruptive technologies, megatrends, new business models, and companies to action, resulting in a continuous flow of growth opportunities to drive future success. Contact us: Start the discussion.
Contact:
Tarini SinghP: +91- 9953764546E: [email protected] 
About MC Digital Realty
MC Digital Realty, Inc., established in September 2017, is a 50/50 joint venture between Mitsubishi Corporation and Digital Realty. The company provides the full spectrum of data center services in Japan, including colocation and interconnection solutions, by leveraging MC’s real estate and infrastructure investment expertise and customer network, as well as Digital Realty’s leading global data center platform, PlatformDIGITAL®, with 5,000+ customers across 300+ data centers on six continents. For more information about MC Digital Realty, please visit https://www.mc-digitalrealty.com/ or follow us on LinkedIn.
Contact:
MC Digital Realty Public Relations OfficeE: [email protected]
About Digital Realty
Digital Realty brings companies and data together by delivering the full spectrum of data center, colocation and interconnection solutions. PlatformDIGITAL®, the company’s global data center platform, provides customers with a secure data meeting place and a proven Pervasive Datacenter Architecture (PDx®) solution methodology for powering innovation and efficiently managing Data Gravity challenges. Digital Realty gives its customers access to the connected data communities that matter to them with a global data center footprint of 300+ facilities in 50+ metros across 25+ countries on six continents. To learn more about Digital Realty, please visit digitalrealty.com or follow us on LinkedIn and X.
Contact:
Sin Huay HoP: +65 8125 8380E: [email protected]
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