Connect with us
European Gaming Congress 2024

Artificial Intelligence

Buyers Edge Platform has made a strategic investment in Netherlands-based company HosCat, enabling access into the Dutch and Belgium markets

Published

on

buyers-edge-platform-has-made-a-strategic-investment-in-netherlands-based-company-hoscat,-enabling-access-into-the-dutch-and-belgium-markets

WALTHAM, Mass., Oct. 3, 2024 /PRNewswire/ — Buyers Edge Platform, the leading software and analytics company providing data-driven insights and technology to the foodservice industry, announces its investment into HosCat in the Netherlands. This marks another significant step in Buyers Edge Platform’s rapid expansion across Europe, following the acquisitions of The Full Range, Delta Procurement and MPP in the UK and S&F-Gruppe in Germany earlier this year and Svenska Krögare in Sweden last year.

This investment aligns with Buyers Edge Platform’s broader strategy to create the largest Digital Procurement Network in Europe, mirroring their success achieved in the US. Through strategic acquisitions and investments, new country partnerships, and organic growth initiatives, Buyers Edge Platform is set to transform procurement, offering exceptional value to foodservice businesses across Europe.
John Davie, CEO of Buyers Edge Platform, expressed his excitement about the investment, stating, “HosCat enables Buyers Edge to enter the Dutch and Belgium markets. We have an excellent partner to support our expansion into these countries which will further boost our wider mission to revolutionize procurement practices and empower businesses across Europe.”
Jorne Broer, CEO of HosCat, expressed his enthusiasm about the partnership, saying, “From the very first conversation with Buyers Edge Platform, it was clear we shared the same vision and values. We are both people-focused businesses that always put the customer first. Combining our Dutch and Belgium market knowledge with Buyers Edge Platform’s technology and buying power will create the perfect environment to help our customers to thrive. We are excited to have joined the most powerful network in the foodservice industry and to share the opportunities this brings.”
Daniel Wilson, President of Buyers Edge Platform Europe, added, “I am delighted to be working with the HosCat team. Their local networks, energy, and entrepreneurial spirit are just what we want in a country partner. We look forward to supporting the HosCat team to rapidly expand their business into become the leading GPO in the Benelux. Buyers Edge Platform has now completed 6 European investments since January 2023.
About HosCatHosCat has developed a unique way to achieve significant savings for hospitality companies. In addition, HosCat also takes care of the entire back office of its hospitality customers by using smart software. This saves the hospitality entrepreneur a lot of money and time so they can fully focus on what they truly love to do: take care of their guests.
About Buyers Edge PlatformBuyers Edge Platform is the leading software and analytics company providing data-driven insights and technology to the foodservice industry. We connect entities throughout foodservice and empower them to run their businesses more efficiently by leveraging data and analytics. Buyers Edge Platform’s mission is to drive the foodservice industry from manual to automated with programs that benefit all stakeholders across the supply chain. Visit BuyersEdgePlatform.com to learn more.
Media contact:Ryan Gerding for Buyers Edge [email protected]
Logo – https://mma.prnewswire.com/media/1870895/BEP_Logo.jpg 

View original content:https://www.prnewswire.co.uk/news-releases/buyers-edge-platform-has-made-a-strategic-investment-in-netherlands-based-company-hoscat-enabling-access-into-the-dutch-and-belgium-markets-302266220.html

Continue Reading
Advertisement

Artificial Intelligence

G-P Recognized as the Highest Leader in Everest Group’s Employer of Record (EOR) Solutions PEAK Matrix® Assessment 2024

Published

on

g-p-recognized-as-the-highest-leader-in-everest-group’s-employer-of-record-(eor)-solutions-peak-matrix-assessment-2024

With this recognition, G-P has been named the highest EOR leader for the third consecutive year
BOSTON, Oct. 3, 2024 /PRNewswire/ — REMOTE FIRST COMPANY — G-P (Globalization Partners), the recognized leader in the global employment market, today announced its recognition as the highest EOR industry leader in Everest Group’s Employer of Record (EOR) Solutions PEAK Matrix® Assessment 2024.

“G-P’s broad array of solutions, strong focus on integrated technology, user experience, extensive global reach and deep industry expertise, has helped it emerge as a Leader in Everest Group’s EoR Solutions PEAK Matrix® Assessment 2024. Furthermore, its ongoing investments, especially in advanced technologies such as AI, coupled with its strategic partnerships to provide differentiated offerings through its G-P Meridian Core and Prime products are highly regarded by clients,” said Priyanka Mitra, Vice President, Everest Group.
With this recognition, G-P continues to be the undisputed leader in all EOR analyst reports since their inception in 2020. In addition to Everest Group, G-P has been recognized as an industry leader in The IEC Group Global EOR Study 2024 and Nelson Hall’s 2024 Global EOR Services NEAT evaluation report this year.
“G-P’s recognition as the global leader by all analyst firms covering the EOR industry underscores our commitment to global employment and continued innovation in the space,” said Nat Natarajan, chief product and strategy officer at G-P. “We’re leading AI innovation in global employment, enabling companies around the world to build, manage and optimize global teams quickly and compliantly with EOR, Contractor and Advisory Services.”
The PEAK Matrix® Assessment provides the analysis and insights enterprises need to make critical selection decisions about global top tech and tech services providers, top locations, best-in-class products, and best-in-class solutions. This year’s EOR Solutions PEAK Matrix® Assessment is a comprehensive global report featuring 20 solution providers, evaluating factors such as revenue, client base, year-over-year growth, operational scale, technological innovation, global reach, delivery capacity, and client satisfaction. Leaders are noted as providers that continue to maintain their stronghold in the market and are investing in proprietary technologies to differentiate themselves from other providers in the market.
Learn more about what sets G-P apart here: www.g-p.com
About G-P
G-P is the recognized leader in global employment, delivering everything companies of all sizes need to quickly and compliantly build and manage global teams in 180+ countries, regardless of entity status. G-P’s industry leading SaaS-based Employer of Record (EOR), Contractor and Advisor products are backed by more than a decade of experience, the largest team of in-country HR, legal, and compliance experts, and insights from its proprietary generative AI knowledge base.
G-P: Global Made Possible™
To learn more, please visit: g-p.com or connect with us via Twitter, LinkedIn, Facebook, or check out our Blog.
Photo – https://mma.prnewswire.com/media/2522214/G_P.jpg
Logo – https://mma.prnewswire.com/media/1913267/G_P_NEW_Logo.jpg

View original content:https://www.prnewswire.co.uk/news-releases/g-p-recognized-as-the-highest-leader-in-everest-groups-employer-of-record-eor-solutions-peak-matrix-assessment-2024-302266196.html

Continue Reading

Artificial Intelligence

Total Economic Impact Study Reveals Companies Adopting the Smarsh Platform Experienced a 124% Return on Investment Over Three Years

Published

on

total-economic-impact-study-reveals-companies-adopting-the-smarsh-platform-experienced-a-124%-return-on-investment-over-three-years

Reduced archiving costs, efficiencies in data capture, improved compliance productivity, and time savings in e-discovery were among the many benefits customers reported when using Smarsh technology
PORTLAND, Ore., Oct. 3, 2024 /PRNewswire/ — Smarsh, the global leader in digital communications data and intelligence, today unveiled the results of a Forrester Consulting Total Economic Impact (TEI) study that found the Smarsh Platform reduced customers’ communications archiving costs by 25%, among other benefits.

Smarsh commissioned Forrester Consulting to conduct the study and examine the potential return on investment (ROI) enterprises may realize by deploying Smarsh technology. The study provides business leaders with a framework to evaluate the potential financial benefit of Smarsh to their organizations.
“We are proud that the Forrester study has shown what we already knew about the value and results the Smarsh platform delivers for our customers,” said Smarsh CEO Kim Crawford Goodman. “In an increasingly complex regulatory environment, this study is a helpful tool for any organization considering Smarsh to cost-effectively help them meet their current and future communications compliance challenges.”
Forrester interviewed six global customers who had experience using Smarsh. Forrester then aggregated the interviewees’ experiences and combined the results into a single composite organization – a financial services business with $5 billion in annual revenue, 7,500 surveilled employees and 625 terabytes of archived digital communications.
Forrester found that the composite organization would experience benefits of $20.6 million over three years versus costs of $9.2 million, adding up to a net present value (NPV) of $11.4 million and an ROI of 124%.
Additional key findings include:
A reduction in archiving costs: The composite organization saw a 25% reduction in storage costs compared to their previous solution. 15% from data tiering, and an additional 10% reduction in storage costs with Smarsh’s automated deletion capability. Overall, a three-year risk-adjusted value of $8.1 million.More efficient data capture: Smarsh’s improved data capture was worth $4 million in cost savings over three years. Instead of leveraging a team of costly developers, the composite organization easily captured new communications channels with Smarsh’s APIs.Improved staff productivity: Efficiency of the surveillance staff rose by 30% with Smarsh while compliance staff efficiency improved by 60%. Over three years, this would provide a value of $3.6 million and saved over 27,000 hours of labor annually.E-discovery time savings: By using Smarsh, the composite organization reduced time spent on e-discovery responses by 65%, a three-year value of $2.6 million.Ditching legacy on-premises tools delivered value: Companies could reduce the time employees spend maintaining and supporting on-premises storage infrastructure by choosing Smarsh. By switching from legacy on-premises storage solutions to Smarsh, the composite organization saved $2.2 million over three years.In addition to the quantifiable benefits of using Smarsh, according to the Forrester study, interviewed customers reported an improvement in security, more robust compliance insights that increased defensibility and the potential avoidance of regulatory investigation and fines, ultimately reducing possible attorney and litigation costs, and a more seamless end-to-end data reconciliation. Read the full study here.
About SmarshSmarsh enables companies to transform oversight into foresight by surfacing business-critical signals in all their digital communications. Regulated organizations of all sizes rely upon the Smarsh portfolio of cloud-native digital communications capture, retention, and oversight solutions to help them identify regulatory and reputational risks within their communications data before those risks become losses, fines, or headlines.
Smarsh serves a global client base spanning 19 of the top 20 banks in North America, Europe, and Asia, along with leading brokerage firms, insurers, and registered investment advisors and U.S. state and local government agencies. To discover more about the future of communications capture, archiving and oversight, visit www.smarsh.com.
Media Contact Sarah Tatone, VP Communications & Brand, Smarsh [email protected] 971-409-2061 

View original content:https://www.prnewswire.co.uk/news-releases/total-economic-impact-study-reveals-companies-adopting-the-smarsh-platform-experienced-a-124-return-on-investment-over-three-years-302266287.html

Continue Reading

Artificial Intelligence

Get In Now with Infinix AI∞: Building an All-Scenarios Connected AI for Creativity and Life

Published

on

get-in-now-with-infinix-ai∞:-building-an-all-scenarios-connected-ai-for-creativity-and-life

An Intelligent, Evolving AI Solution that Transforms How You Live, Create, and Work
HONG KONG, Oct. 3, 2024 /PRNewswire/ — Infinix, a trendy tech brand for young consumers, proudly introduces Infinix AI∞, a revolutionary AI solution transforming how users engage with technology. Get in Now with Infinix AI∞, this cutting-edge platform elevates intelligence, creativity, and productivity in everyday life. Central to this innovation is Folax, a creative virtual assistant powered by a combination of Infinix’s proprietary models and external advanced models such as GPT-4o, Gemini, and more. Whether through text, voice, or image inputs, it delivers real-time responses and personalized recommendations, providing effortless and intuitive interactions.
 
 

“Infinix AI∞ marks a new chapter in personalized technology, engineered to adapt to individual user needs and redefine how they experience their devices. Whether simplifying routines, enhancing productivity, or fueling creativity, Infinix AI∞ learns from user preferences to create a more connected, seamless experience. Our mission is to make advanced AI accessible to all, driving global creativity and productivity,” said Tuanwei Shi, General Manager of Infinix AI.
Infinix AI∞: Your First Intelligent Creative Assistant, Empowering Daily and Professional Life

Born for both personal and professional creativity, Infinix AI∞ acts as an intelligent creative assistant that simplifies tasks, fuels innovation, and empowers productivity. Among its standout features is Live Texts∞, which transforms productivity by allowing users to instantly extract, summarize, and access vital information from images and documents. Whether for students, professionals, or researchers, it streamlines data retrieval, providing intelligent summaries within seconds, making work faster and more efficient.

Writing Tools∞ redefines professional communication by offering real-time grammar checks, content rewriting, and style enhancements. This intelligent assistant ensures every piece of writing—whether it’s an email, report, or creative work—is polished, clear, and impactful. More than just basic corrections, it elevates your writing by optimizing clarity, tone, and precision, allowing you to communicate with confidence and impact.

For creative minds, Magic Create∞ is the ultimate innovation tool, turning your ideas into reality with ease. Born for professional creation, this feature guides you through idea generation and refinement, ensuring a seamless creative journey. From crafting social media captions to writing songs or storyboards, Magic Create∞ offers continuous support, turning rough concepts into fully realized creations, making creativity accessible to everyone.

Advertisement

Travelers and explorers can now elevate their adventures with Visual Look Up∞, a feature that delivers rich, contextual information about landmarks and cultural sites from a single photo. Whether you’re looking for historical details or planning an itinerary, Visual Look Up∞ transforms your travels into immersive experiences, providing insights that go far beyond what other smartphones offer, making every journey more informative and engaging.
Revolutionize Your Everyday with Inclusive, Region-Specific AI Solutions
Infinix AI∞ introduces a powerful suite of advanced features designed to simplify daily tasks. One of the standout features is AI Wallpaper, which goes beyond standard wallpaper customization by adapting to the cultural preferences and aesthetic styles of users from different regions. Unlike traditional AI wallpapers that focus solely on stylization, AI Wallpaper is tailored specifically for users in regions such as the Middle East, India, sub-Saharan Africa (SSA), Europe, and Southeast Asia. This cultural and regional adaptability allows users to transform their personal photos into stunning, customized backgrounds that resonate with their unique style preferences and cultural context.
In addition to AI Wallpaper, AI Eraser allows for the precise removal of unwanted elements from images, while Smart Cutout enables effortless isolation of subjects for professional-grade visuals. AI Sketch converts rough concepts into polished designs, making it ideal for creators and artists. Together, these features empower users to effortlessly create high-quality visuals that are both personalized and professional.
Looking ahead, Infinix AI∞ will expand its capabilities with additional solutions. Smart Search enables users to search across various formats using natural language, delivering fast and precise results. The Mobile Data and Balance Inquiry Assistant allows users to easily check their data usage and current balance.
Infinix AI∞: Pioneering the Future of Adaptive Intelligence and Global Connectivity
Infinix AI∞ redefines the boundaries of smartphone technology by integrating applications, cloud services, and voice recognition into a system that evolves with every interaction. Developed over three years with more than 1,000 iterations, Infinix AI∞ delivers real-time, personalized responses that adapt to users’ unique preferences and needs.
Tuanwei Shi added: “Infinix AI∞ sets a new benchmark for smartphone AI by offering real-time contextual understanding and seamless adaptation—capabilities that go far beyond standard AI features. Supporting over 100 languages, including a global-first for Hausa, Infinix AI∞ bridges connectivity and language gaps in regions like sub-Saharan Africa, Southeast Asia, and South Asia. By combining creativity, productivity, and global connectivity into a single adaptive solution, Infinix AI∞ empowers users worldwide, shaping the future of smart technology with unprecedented precision and inclusivity.”
Harnessing The Power of Transformer, Infinix AI∞ excels at understanding context and delivering insights tailored to individual needs. Advanced training methods using semi-supervised, unsupervised, and supervised data alongside to ensure faster convergence and provide more accurate responses. A robust global infrastructure enables real-time feedback, optimizing performance for responsiveness and energy efficiency across diverse regions. With features like Folax, Infinix AI∞ guarantees consistent, high-level performance, making it a game-changer in the smartphone AI space.
Get to know more about Infinix AI at https://youtu.be/0jsRw0vRfNo. For more information, please visit www.infinixmobility.com.
About Infinix
Founded in 2013, Infinix is a trendy tech brand crafted for young consumers. With a presence in over 70 countries and regions, Infinix delivers cutting-edge technology, stylish design, and outstanding performance. Our product lineup includes smartphones, TWS earbuds, smartwatches, laptops, and smart TVs. In 2023, Infinix was recognized in Kantar and Google’s top 50 Chinese Global Brand Builders Report and ranked sixth in Fast Company’s World’s Most Innovative Companies of 2024 in the Asia-Pacific sector. For more information, please visit: http://www.infinixmobility.com/. 

Video – https://www.youtube.com/watch?v=0jsRw0vRfNoPhoto – https://mma.prnewswire.com/media/2522517/Get_In_Now_Infinix_AI.jpgPhoto – https://mma.prnewswire.com/media/2522518/Infinix_AI__Live_Texts.jpgPhoto – https://mma.prnewswire.com/media/2522519/1.jpgPhoto – https://mma.prnewswire.com/media/2522520/2.jpgPhoto -https://mma.prnewswire.com/media/2522521/3.jpgLogo -https://mma.prnewswire.com/media/2316423/4949193/Infinix_Logo.jpg

View original content to download multimedia:https://www.prnewswire.co.uk/news-releases/get-in-now-with-infinix-ai-building-an-all-scenarios-connected-ai-for-creativity-and-life-302266636.html

Continue Reading

Trending