Revolutionizing Video Platform Development: HCL VoltMX and Enveu Join Forces
NOIDA, INDIA, August 21: Get ready to witness the future of video platform development as HCL VoltMX and Enveu unite to create something extraordinary. This groundbreaking partnership brings together two industry leaders, combining the power of low-code technology to deliver seamless video experiences that set new industry standards.
Enveu, a global provider of specialized OTT solutions, and HCL Volt MX, the industry-leading low-code platform, have come together to simplify the OTT platform and VOD development process. Their shared expertise empowers content owners to deliver immersive video experiences faster and more efficiently than ever before.
Shalabh Agarwal, Enveu's Co-founder & CEO, shares his excitement about the partnership: "We are thrilled to partner with HCL Volt MX to redefine the way organizations approach video platform development. With this strategic move, we will empower customers with rapid OTT platform development solutions with our SaaS-based Cloud Platform capabilities, at the same time, eliminating complexities and allowing customers to focus on their core business objectives. We look forward to working closely with the HCL VoltMX team and leveraging their expertise in low-code development to deliver exceptional results for our customers."
Francois Nasser, VP GTM, HCL Software, further emphasized the importance of the partnership: "As the demand for video content continues to grow, enterprises must adapt and innovate to stay competitive in the digital landscape. The partnership between Enveu and Volt MX addresses this growing need by enabling Enveu to deliver their enterprise platform in an accelerated method due to the combination of low code development and integration, saving an average of nine to 12 months in planning and development."
"This partnership between HCL Volt MX and Enveu marks a thrilling step forward in the world of video platform development. With our low-code expertise and Enveu's cutting-edge solutions, we are set to revolutionize the way organizations deliver immersive video experiences. Together, we will empower businesses to stay ahead in the digital landscape and unleash their true potential. Get ready for an exciting journey of innovation and transformation!" - Pavaanjeet Singh, Global Director - HCL Volt MX Partnerships.
Enveu's premier SaaS platform, the Experience Cloud, enables Media Publishers, Content Creators & Digital businesses to manage content in one central location, create intuitive OTT apps across multiple devices, engage users on a personal level, and monetize content on various models. Combined with HCL Volt MX's unified development experience and low-code principles, the possibilities are limitless.
Stay tuned for more exciting updates and innovations as HCL Volt MX and Enveu continue to revolutionize the world of video platform development. To learn more about this partnership and its potential, visit the official websites of HCL Volt MX (https://www.hcltechsw.com/volt-mx) and Enveu (www.enveu.com).
Back EverAware LLC partners with KUVA Systems to add Gas Cloud Imaging to its Continuous Emission Monitoring Solution
HOUSTON, TEXAS, UNITED STATES, August 21: Continuous monitoring provider EverAware LLC has entered into an agreement with KUVA Systems to incorporate their methane cloud imaging technology into EverAware’s emission detection system. The agreement establishes a collaboration that leverages the continuous monitoring capabilities existing in both companies and creates a comprehensive IoT based emission detection system that addresses field automation, methane fee risk management, ESG, and regulatory requirements associated with methane mitigation.
The addition of KUVA’s low-cost infrared camera and data analytics enables EverAware to offer solutions that allows clients to address methane emissions with existing field personnel. Images of emissions allow personnel to identify the location and volume of methane emissions originating within their site of operations, and to efficiently analyze the root cause without unnecessary truck rolls. Douglas Nester, co-founder, and CEO of EverAware said “Our partnership with KUVA creates an expansive suite of IoT emission and leak detection solutions that has few peers. KUVA and EverAware share the corporate vision of providing monitoring solutions that are cost effective and accessible by companies of all sizes.” Kuva’s Robert Ward, VP Business Development adds “Our collaboration with EverAware will enable both companies to accelerate the development and implementation of innovative monitoring technologies that enable the oil and gas industry to efficiently mitigate its impact to the environment.”
EverAware also plans to utilize its strengths in the Asian and Middle Eastern regions to facilitate a future market entry into these markets.
About EverAware LLC
EverAware is a leading provider of continuous energy and environment monitoring solutions using IoT based sensors, meters, edge computing, wireless gateways, advanced data analytics and the cloud for detecting anomalous data patterns indicative of performance issues, imminent equipment failures, or fugitive leakage of emissions or liquids. The Company’s real time detection of potential problems and threats allows for taking immediate corrective actions to minimize downtime, optimize efficiencies, reduce operating costs, and mitigate damage to the environment.
For more information, please visit https://everaware.io/solutions
About Kuva Systems
Kuva Systems' industrial IoT platform provides an image-based, continuous methane monitoring and quantification solution. It enables upstream and midstream oil and gas companies to improve their operations and meet ESG and methane intensity goals. The Kuva platform is based on the most cost-effective IR gas camera in the industry, and it pinpoints emission locations and quantifies flow rates based on minute-by-minute measurements. Leak analytics can be used to prioritize operational responses, quantify ongoing conditions, and confirm nominal performance.
Back QVANTUM Expands into the US Market, Empowering Precise Workforce Planning with Customized Cost Solutions
MIAMI, FLORIDA, UNITED STATES OF AMERICA, August 21: QVANTUM, an innovator in agile corporate planning solutions, today announced that it is expanding further into global markets by introducing its service portfolio of customized workforce cost planning options to organizations across the United States. Collaborating with workforce planning and controlling specialist, Christian Fritz, QVANTUM has developed a practical use case that empowers businesses to engage in precise workforce planning. This expansion into the US market will accelerate QVANTUM’s growth as an industry innovator.
An integral facet gaining prominence within agile corporate management is the strategic handling of personnel expenses. Through software-aided personnel cost planning, organizations can forecast existing and anticipated staffing levels and needs and simulate diverse scenarios. These simulations enable companies to adjust their workforce allocation in response to varying circumstances adeptly.
Addressing the complexity of managing personnel expenses, Amit Mundra, QVANTUM's Head of Global Business Development, said: "The big challenge in planning and controlling personnel costs is the different perspectives on the topic. HR managers focus primarily on the professional and human aspects, and the costs tend to run alongside. From a controlling perspective, costs, in turn, play a central role. With the new personnel cost planning in QVANTUM, we close this gap. Both sides benefit because neither classic HR tools nor traditional controlling solutions have had such far-reaching HR cost data and analysis options. Our launch into the US market culminates several years of planning. We are excited to provide powerful, cost-effective, easy-to-use software to organizations in this region.”
Furthermore, the utilization of planned versus actual data brings tangible advantages. Consider the current situation where many businesses struggle with accurate workforce planning due to pandemic repercussions and skills shortages. Through QVANTUM's workforce planning, these companies can effortlessly track their personnel costs in real-time, proactively identifying potential shortages or surpluses to facilitate timely interventions. QVANTUM's operational personnel cost planning empowers HR managers and controllers to efficiently manage FTE (Full-Time Equivalent) and personnel expenses, incorporating insights from all organizational domains.
Workforce planning expert Christian Fritz underscored the importance, "Personnel costs often constitute a substantial portion of total expenses in companies, exerting significant influence over overall profitability. QVANTUM's workforce planning provides a comprehensive view of all personnel cost components, including salaries, bonuses, social security contributions, and more, spanning existing staff and vacancies. The capability to directly plan personnel measures within QVANTUM facilitates precise control over personnel resources and the associated costs, optimizing overall corporate management."
Agile workforce planning proves invaluable even in scenarios such as mergers, where the consolidation of HR applications is necessary. Interfaces enable seamless data transfer from platforms like DATEV or SAP to QVANTUM, streamlining detailed analysis. Amit Mundra explained, "Companies often resort to workarounds, such as Excel, for such use cases. However, these approaches frequently clash with compliance mandates or falter due to operational errors and complexity. QVANTUM offers automated data integration and calculations supported by robust authorization logic to uphold compliance standards. Moreover, our planning data, which incorporates historical company data, remains in real-time."
When a company adopts QVANTUM's workforce planning, they receive customized personnel cost planning to align with the organization's specific needs, collaborating with responsible stakeholders. The outcome is a tailored planning model enabling centralized and/or decentralized calculation and planning of all personnel expenses, encompassing basic salaries, bonuses, capital-forming benefits, and more. This integration embeds workforce planning seamlessly into the holistic corporate planning process, ensuring a cohesive approach. Automation empowers the correlation of planning outcomes across different departments, illuminating interdependencies. Importantly, personal information confidentiality is upheld within cross-organizational planning data.
Back Kantar unveils ad avoidance causes and correlation between viewer experience and purchase
NEW YORK, NY, USA, August 8: Mirriad, the leading in-content advertising company and 2022 AdExchanger Winner for Most Innovative TV Advertising Technology Award, today announced results of a groundbreaking study in partnership with Kantar which finds a direct correlation of the likeability of advertising and its ability to drive positive performance. In the newly released whitepaper ‘Hack to the Future: Understanding viewers’ attitudes and preferences to overcome ad avoidance’, Kantar found that a substantial 86% of all viewers are taking actions to avoid TV and video advertising across broadcast and network TV, streaming, and online video. In contrast, viewers feel much more positive about in-content advertising from Mirriad and take no steps to avoid this integrated ad format.
The research proves that a viewer’s negative perception of an ad format leads to lower ad effectiveness and purchase activity. Viewers are so over-saturated by TV and video ads that they dislike and avoid the format and, when they actually see the ads, purchase the advertised products and services at a lower rate compared to when they’re exposed to highly favorable formats like in-content advertising from Mirriad.
“Viewers feel positive about Mirriad’s ad formats and that directly drives an incredible increase in purchase, among other key performance metrics. At a time when traditional advertisements are skipped, blocked, and creating fatigue, our study proves that in-content advertising as spearheaded by Mirriad is a smart choice for advertisers,” said Sparsh Pandya, Client Director at Kantar.
Favourable viewer experience drives better results:
Mirriad’s strong performance in driving better results can be attributed to a favourable viewer perception especially due to the natural feel of the format (83%) and its non-intrusive nature (79%). The study found that on average, viewers who feel positive about their ad experience are much more likely to purchase an advertiser’s product, resulting in a 61% higher incidence of adding products to the shopping cart, and 40% higher online purchase and 27 % higher in-store purchase.
Stephan Beringer, CEO at Mirriad, said: “Advertisers looking for ways to improve their performance on TV, CTV and video now have even more proof that in-content advertising is an indispensable new solution. Given the growing ad fatigue and the dramatic issue of ad escapism, in-content advertising is a format that is pivotal for brand equity and sales. In contrast to the traditional ad-break that today has a compounding negative effect, Mirriad operates with an experience-first solution in the content itself, maximizing a brand’s opportunity to leverage positive viewer perceptions to drive better results.”
About Mirriad
The leader in virtual product placement and in-content advertising, Mirriad’s multi-patented and award-winning platform dynamically inserts products and brands into Television, SVOD/AVOD, Music, and Influencer content. Mirriad creates net-new revenue opportunities for content owners with an ad format that virtually integrates brands in entertainment content, drives exceptional performance for advertisers and dramatically improves the viewing experience. Mirriad currently operates in the US, Europe, and India.
Back UMBRA Technologies Sues Cisco and VMware
Umbra Technologies ("U.S./U.K./HK SAR”) has together filed separate Western District of Texas suits against Cisco and VMWare
PROVIDENCE, RI, UNITED STATES, August 8, 2023/EINPresswire.com/ -- Three “individual private companies in association with each other doing business collectively as Umbra Technologies” have together filed separate Western District of Texas suits against Cisco (1:23-cv-00903) and VMWare (1:23-cv-00904). The defendants are accused of infringing four network security patents through the provision of their respective network virtualization products and services. The complaints define “UMBRA” to be the three plaintiffs collectively, with the co-plaintiffs later pleading that “UMBRA” is “the assignee and owner of the right, title and interest in and to” each patent-in-suit.
Plaintiff UMBRA Ltd. (UK) is a company organized under the laws of the United Kingdom for the British Virgin Islands with a place of business at OMC Chambers, Wickhams, Cay 1, Road Town, Tortola, British Virgin Islands, United Kingdom. Case 1:23-cv-00903 Document 1 Filed 08/02/23 Page 1 of 23
Plaintiff UMBRA (US) is a company organized under the laws of the state of Delaware with a place of business at 155 Main Street, Suite 301, Providence, Rhode Island, 02903.
Plaintiff UMBRA Limited (CN) is a company organized under the laws of the Hong Kong Basic Law for the Hong Kong Special Administrative Region of the People’s Republic of China with a place of business at Suite 2006, 20th Floor, Hua Qin International Building, 340 Queen’s Road Central, Hong Kong 100015, People’s Republic of China.
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