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

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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. 
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Dun & Bradstreet Global Business Optimism Insights Report Shows Quarterly Increase

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Improving market dynamics have provided relief, indicating confidence in both domestic and global economic conditions 
LONDON, Oct. 11, 2024 /PRNewswire/ — Dun & Bradstreet (NYSE:DNB), a leading global provider of business decisioning data and analytics, today released its Q4 2024 Global Business Optimism Insights report. The report, fielded in Q3 2024, found a 7% increase in business optimism quarter-over-quarter, driven by gradual easing of inflation rates and favorable borrowing conditions.

Nearly four in five businesses are expressing increased optimism in domestic and export orders, capital expenditures and financial risk due to a combination of easing financial pressures, shifts in monetary policies, robust regulatory frameworks and higher participation in sustainability initiatives.
U.S. businesses recorded a nearly 9% rise in optimism, aided by falling inflation and expectations of further rate cuts. Similarly, business optimism in the U.K. and Spain showed notable recoveries as their respective central banks initiated monetary easing, rising by 13% and 9%, respectively. Emerging economies, such as Argentina and India, saw jumps in optimism levels due to declining inflation and increased domestic demand respectively.
“While overall global business optimism has increased and inflation has abated, it’s important to recognise that geopolitics contribute to economic uncertainty,” said Neeraj Sahai, President of Dun & Bradstreet International. “Industry-specific regulatory risks and more stringent data requirements have emerged as the top concerns among a third of respondents. To mitigate these risks, businesses are considering diversifying their supply chains and markets to manage regulatory risk.”    
Key findings from the Q4 report’s five indices include:
The Global Business Optimism Index increased by 7.3% over Q3 2024. This is a significant increase with 75% of businesses, especially smaller businesses, expressing confidence in sales and domestic and export orders ahead of the holiday season. The real estate (12.5%) and utilities (10.4%) sectors saw the highest jumps in optimism levels.The Global Supply Chain Continuity Index improved 6.8%, stemming from businesses reducing burdens on their supply chains by adopting nearshoring, using alternative and less-congestive routes, and relying on domestic supplies. One in four businesses in the U.S., as well as Switzerland and Spain, are considering diversifying supply chains and markets as their preferred strategy to manage their regulatory risk.The Global Business Financial Confidence Index increased 6.3% due to expectations of improved financial conditions and reduced borrowing costs as many economies have started to cut interest rates. Confidence in the U.S. and South Korea notably improved by 5.2% and 11.2%, respectively, on indications of their central banks pivoting towards looser monetary policies.The Global Business Investment Confidence Index improved 3.6%, showcasing optimism in capital spending centered around signs of global monetary policies becoming more accommodative, along with improvement in macroeconomic activities.The Global Business ESG Index increased by 6.1%, stemming from businesses’ efforts to meet regulatory requirements, stricter disclosure mandates and heightened investor awareness. Globally, stricter environmental regulations, such as the European Union’s Carbon Border Adjustment Mechanism and the German Supply Chain Due Diligence Act, are among top concerns for 29% of businesses, resulting in almost one in four conducting risk assessments or implementing regulatory compliance strategies.Descriptions and information about the indices can be found on page 24 of the report.
“Businesses are increasingly confident as borrowing costs decline, boosting optimism for higher sales, stronger exports, and reduced financial risks,” said Arun Singh, Global Chief Economist at Dun & Bradstreet. “This confidence is driving capital investments, with easing supply chain pressures supporting growth in the year’s final quarter.”
About the Global Business Optimism Insights Report
The Global Business Optimism Insights report is a synthesis of data from a comprehensive survey encompassing 32 economies, covering approximately 10,000 businesses and 17 sectors, alongside insights from Dun & Bradstreet, leveraging the firm’s proprietary data and economic expertise. The report is an amalgamation of five indices which reflect overall business optimism and expectations about supply chain continuity, financial and investment conditions and ESG initiatives. An index reading above 100 indicates an improvement in optimism relative to the base year (Q3 2023 to Q2 2024), while an index reading below 100 signifies a deterioration in optimism.
View the full report here.
About Dun & Bradstreet
Dun & Bradstreet, a leading global provider of business decisioning data and analytics, enables companies around the world to improve their business performance. Dun & Bradstreet’s Data Cloud fuels solutions and delivers insights that empower customers to accelerate revenue, lower cost, mitigate risk, and transform their businesses. Since 1841, companies of every size have relied on Dun & Bradstreet to help them manage risk and reveal opportunity. For more information on Dun & Bradstreet, please visit www.dnb.com.

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CRISIL jumps 12 places to 37th in Chartis RiskTech100 2025

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Recognised as Category Leader in model validation for the third year in a row
MUMBAI, India, Oct. 11, 2024 /PRNewswire/ — CRISIL Ltd, the global provider of advanced analytics and credit risk management solutions, has risen 12 places to #37 in the RiskTech100 2025 report published by the London-based Chartis Research this month.

This is the second consecutive year that CRISIL has featured among the top 50. The independent annual assessment ranks the world’s 100 best providers of risk and compliance technology and services.
The report also recognises CRISIL as a Category Leader in model validation for the third consecutive year, based on a risk technology survey, product demonstration, customer reference checks, and third-party sources of information. The process evaluated CRISIL’s capabilities across the model risk lifecycle, including model development, validation, governance, inventory management, and risk management and control.
Gurpreet Chhatwal, Chief Operating Officer, CRISIL Limited, says, “These awards reflect the strength of our service and technology offerings in the risk management space. As traditional and emerging risks continue to multiply at an accelerating rate, our offerings are more crucial than ever before, and we continue to evolve them to adapt to a rapidly changing world.”
CRISIL’s risk management solutions expedite regulatory and internal compliance, enable informed decision-making, and deliver substantial cost efficiencies for financial institutions (Fis). Among the key solutions are:
Model Infinity: A cloud-ready platform for model inventory, workflow and governance. Leverages advanced analytics and robust reporting to address distinct model inventory and model risk management requirementsScenario Expansion Manager: An adaptable tool that empowers FIs to seamlessly define, design, expand and analyse regulatory and internal stress-testing scenarios with precision and flexibilityCredit+ Intelligent Credit Origination: Streamlines credit risk assessment and credit rating framework through a combination of objective and subjective methodologies, enabling decision-making at lendersCredit+ Early Warning Signals: A credit risk monitoring infrastructure for active surveillance of the credit portfolio. Combines internal and external data and a multi-dimensional trigger library to identify early warning signals at the facility/ instrument, borrower and portfolio levels to deliver granular insights and risk intelligenceCredit+ Loan Origination system: Enables seamless management and automation of the loan origination process by managing borrower and proposal data and adhering to workflows specified in the FI’s credit sanctioning policyInternal credit risk models: CRISIL’s 32 credit risk models help FIs rate a wide range of credits, including corporate (large, mid and small), sector-specific, project finance and retail exposuresAshish Vora, Head, CRISIL Market Intelligence and Analytics, says, “This recognition highlights the strength, depth and global reach of our award-winning credit and risk solutions, Credit+ Intelligent Credit Origination and Credit+ Early Warning Signals. We continue to invest in our products, leveraging generative artificial intelligence (GenAI)-driven analytics, cutting-edge technology and advanced credit risk capabilities, to provide world-class solutions to our clients.”
Last month, CRISIL was also recognised as a Category Leader in the RiskTech Regulatory Reporting Solutions Quadrant Report 2024.
Chartis Research is part of Infopro Digital, which encompasses multiple brands, digital channels and events across the finance, technology and corporate sectors. Their combined reach of more than 400,000 risk and compliance professionals makes the RiskTech100® report the most comprehensive study of its kind.
About CRISIL Limited
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Disclaimer
This press release is transmitted to you for the sole purpose of dissemination through your newspaper/ magazine/ agency. The press release may be used by you in full or in part without changing the meaning or context thereof but with due credit to CRISIL. However, CRISIL alone has the sole right of distribution of its press releases for consideration or otherwise through any media including websites, portals, etc.
CRISIL has taken due care and caution in preparing this press release. Information has been obtained by CRISIL from sources which it considers reliable. However, CRISIL does not guarantee the accuracy, adequacy or completeness of information on which this press release is based and is not responsible for any errors or omissions or for the results obtained from the use of this press release. CRISIL, especially states that it has no financial liability whatsoever to the subscribers/ users/ transmitters/ distributors of this press release.
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Automation.com & Hikvision white paper: how AIoT technologies drive manufacturing digitalization

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HANGZHOU, China, Oct. 11, 2024 /PRNewswire/ — In the rapidly evolving digital age, manufacturing is undergoing significant changes. Advanced technologies are reshaping the industry, and manufacturers worldwide are looking for innovative ways to optimize production and improve efficiency. AIoT (Artificial Intelligence of Things) is playing a key role in this transformation, combining AI and IoT to enhance operations, safety, and productivity in factories. Automation.com and Hikvision have jointly released a white paper that explores how AIoT is helping manufacturers work more effectively.

Enhancing production efficiency
AIoT can help drive improvements in production efficiency. Hikvision’s workshop digitalization solutions provide managers with real-time views of production lines. For example, in a cement manufacturing enterprise in China, Hikvision’s radar solution inventories a 250,000-ton aggregate warehouse in just 2 minutes, improving output quality stability by 60%.
Simplifying access and vehicle management
AIoT also simplifies the management of people and vehicle access within factories. Hikvision’s facial recognition system allows workers to enter the building without the need for keycards, making access both quicker and more secure. The system can also be integrated with human resources to record attendance. For vehicles, the yard management system (YMS) uses cameras to monitor entrances, loading docks, and vehicle speeds, making the process more organized and efficient.
Enhancing factory security with AIoT
AIoT also contributes to improved security in factories. Hikvision’s smart security system uses cameras and sensors to monitor the facility. High-point cameras offer a wide view of the area, while thermal cameras can detect abnormal temperatures to prevent fires or equipment failures. This multi-layered approach helps manufacturers respond quickly to potential risks.
Towards a safer, more efficient future in manufacturing
Hikvision’s AIoT technologies support safer and more efficient manufacturing. From advanced security systems to more streamlined production lines, these solutions help manufacturers stay competitive in today’s digital landscape. By adopting AIoT, companies can improve safety, optimize operations, and enhance overall efficiency.
To learn more about how AIoT technologies are driving the digitalization of manufacturing, download the full white paper here.
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