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ISC Reports Strong First Quarter Growth in 2024, Launches Five-Year Growth Strategy

Information Services Corp

ISC CEO Shawn Peters joined Steve Darling from Proactive to discuss the company's impressive financial performance in the first quarter of 2024, coinciding with the launch of its ambitious five-year growth plan. The company recorded a revenue of $56.4 million, marking a 15 percent increase compared to the first quarter of 2023. This growth is attributed to fee adjustments within the Saskatchewan Registries division implemented in the third quarter of 2023, as well as consistent customer and transaction growth in the Services’ Regulatory Solutions division and the advancement of project work on both existing and new solutions in the Technology Solutions division. Peters also highlighted that the Adjusted EBITDA for the quarter rose to $19.4 million, up from $14.5 million in the same period last year. This increase was primarily driven by the aforementioned fee adjustments in the Registry Operations’ Saskatchewan Registries division, in line with the Extension Agreement and annual CPI adjustments. Additionally, the Technology Solutions division saw an increase in its Adjusted EBITDA, which grew due to increased revenue from ongoing and new solution definition and implementation contracts. The Adjusted EBITDA margin significantly improved to 34.5 percent, up from 29.5 percent in the first quarter of 2023, reflecting the positive impact of the pricing strategies implemented. Contact Details Proactive North America +1 604-688-8158 na-editorial@proactiveinvestors.com

May 16, 2024 12:11 PM Eastern Daylight Time

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Recall.ai raises $10M to give any developer the ability to build AI meeting bots in days

Recall AI

Conversations are now the world’s largest dataset. Millions of hours of meetings happen everyday over video conferencing platforms, and hundreds of companies try to make sense of these meetings using AI-powered meeting bots that take months to build. Today, the universal API for meeting bots Recall.ai has announced a $10 million funding round to allow engineers to integrate with any meeting platform, including Zoom, Google Meet, Microsoft Teams, Slack Huddles, and even platforms with no API. This funding round comes hot on the heels of 10x growth over the past 12 months. The Series A funding round was led by Ridge Ventures with participation from Industry Ventures, Y Combinator, IrregEx, Bungalow Capital, Hack VC, and other existing investors. which will be used to scale Recall.ai’s product and team. This fresh investment brings the company’s total amount raised to over $12M, following a $2.7 million seed round in December 2022. It can take over one year for a team of specialist engineers to build the infrastructure and integrations required for even the most basic AI-powered meeting bots. After they’re built, companies face the bigger and more labor-intensive challenge of hosting and maintaining the infrastructure on hundreds of thousands of servers. In comparison, Recall.ai lets a single engineer get up and running with a meeting bot in a few days, even if they don’t have expertise in real-time video processing. This lets companies focus on building their core product while Recall.ai runs, monitors, and scales complex, real-time video infrastructure. "Recall has been a critical partner to us in rolling out Fellow.app's new AI copilot functionality which has been a huge hit with customers,” explained Aydin Mirzaee, CEO of Fellow.app. “We love working with Recall because they are focused on the infrastructure so that we can focus on what we're good at - solving meeting productivity for companies everywhere." Co-founders David Gu and Amanda Zhu launched Recall.ai as two important trends emerged: a worldwide shift to remote work, and advances in AI technology that simplified the processing of unstructured voice and video data. Gu and Zhu previously worked on a real-time transcription tool for video conferences, where the bulk of their engineering team’s effort was spent building and maintaining integrations with conferencing platforms. The duo realized companies building LLM tools to process data from virtual meetings today were running into the same integration and infrastructure hurdles they had already solved, and decided to start Recall.ai to enable the next generation of LLM-powered apps. Over the last 12 months, Recall.ai has grown 10x and today ingests millions of hours of video meeting data for more than 300 companies. Customers are currently using the platform to build powerful tools that leverage conversation intelligence for sales enablement discussions, productivity, customer success, financial advising, telehealth applications, and virtual depositions, among other use cases. Recently, Recall also partnered with Zoom to release an official Meeting Bot Starter Kit that generates a transcript, requests a meeting summary, and provides it to participants in near real-time. “Conversations are the world’s largest dataset,” said David Gu, co-founder at Recall.ai. “Large language models continue to unlock conversations in exciting ways, and the demand for developers to capture this data has never been higher. Every SaaS company in the world should be using conversations as a data source. Recall’s unified API makes it as easy as possible.” “Recall is on its way to becoming the de facto infrastructural layer for all enterprise-level conversational data,” added Akriti Dokania, Partner at Ridge Ventures. “Video and voice data will only become more central to software companies moving forward. Providing infrastructure API access is a hard problem to solve and enterprises don’t want to solve it in-house—Recall’s tremendous growth proves it ten times over. Most importantly, David and Amanda are an ideal founding duo: technically gifted, tenacious, wise beyond their years, and always willing to learn and grow.” With this new funding, the company is primed for the next phase of growth. The same way that AWS provided common infrastructure that every company building a web application would need as they scale, Recall.ai is setting out to provide the common infrastructure for every company who needs to access and apply AI to conversations. About Recall.ai Recall.ai provides a single API for accessing real-time meeting data from platforms like Zoom, Microsoft Teams, Google Meet, and more. Real-time meeting integrations require a lot of moving parts, so Recall.ai provides a unified framework that simplifies this process. Recall.ai makes it easy to trigger actions based on who is speaking, when people join or leave a meeting, and more, all with a single API for every platform which helps lower development time and upkeep costs. The API can be used with both audio and video streams, even for meeting platforms that do not have a publicly accessible API. About Ridge Ventures Founded in 2007, Ridge Ventures is a seed and early-stage venture capital firm investing in founders who are redefining how the world interacts with data and code. Ridge takes a fast, flexible, and founder-focused approach, and backs companies delivering advanced technologies, new distribution models, and incredible user experiences. Find out more at www.ridge.vc Contact Details Recall.ai Bilal Mahmood +44 7714 007257 b.mahmood@stockwoodstrategy.com Company Website https://www.recall.ai/

May 16, 2024 09:00 AM Pacific Daylight Time

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Nextech3D.ai Enhances Revenue Streams Through AI-Driven 3D Model Marketplace

Nextech3D.AI

Nextech3D.ai CEO Evan Gappelberg joined Steve Darling from Proactive to announce significant enhancements to the company’s revenue streams through a strategic partnership with sister company Toggle3D. This collaboration introduces an innovative AI-driven marketplace featuring over 200,000 3D models, available for purchase in millions of colors and configurations, with prices ranging from $20 to $95 per model. Gappelberg explained that these models, which include a diverse array of 3D models, quad meshes, and parts, have been meticulously crafted over several years, generating millions in revenue for Nextech3D.ai. By leveraging Toggle3D.ai's advanced generative AI platform, Nextech3D.ai aims to significantly boost this revenue. The company expects a 30% royalty fee on sales through the Toggle3D.ai marketplace to further contribute to this growth. 3D models in e-commerce allow customers to visualize products in high detail from every angle, greatly enhancing decision-making confidence. This shift leads to higher conversion rates, as customers are more likely to purchase when they can thoroughly explore a product. Additionally, interactive 3D models increase customer engagement, keeping them on the site longer, which directly correlates with increased sales. Contact Details Proactive United States +1 347-449-0879 action@proactiveinvestors.com

May 16, 2024 10:46 AM Eastern Daylight Time

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HackaTRON Season 6 Submission Period Concludes with Notable Achievements

TRON DAO

Geneva, Switzerland, May 16, 2024 – TRON DAO proudly announces the completion of HackaTRON Season 6, a monumental season with a record 962 participants, co-hosted with HTX DAO, BitTorrent Chain, and JustLend DAO. This event not only showcased innovative blockchain projects but also highlighted the profound capabilities of the TRON network. Diverse Sponsorship and Expert Judgement This season's success was bolstered by a distinguished array of sponsors and expert judges, each bringing unique value and insight: Diamond Sponsors: Ankr - Specializing in decentralized infrastructure services for DApp development, Ankr supports the seamless integration and deployment of blockchain applications. Representing Ankr on the judging panel is: Ryan Fang, Co-Founder and COO: With a background in top-tier investment banking, Ryan is the co-founder and COO of Ankr. He brings extensive financial and operational expertise to the blockchain space, focusing on innovations in Web3 and NFT sectors. ChainGPT - Merges AI with blockchain to enhance Web3's accessibility. Judges from ChainGPT including: Ilan Rakhmanov, Founder & CEO: Known for his innovative approach to blending technology and business. Sharon Sciammas, CMO: Brings extensive tech marketing expertise. Max Martinez, Advisor: Provides invaluable insights into AI, FinTech, Blockchain, and Web3 innovations. AI-Tech Solidius - Champions eco-friendly computing and links AI with blockchain, promoting sustainable tech development. Judges from AI-Tech Solidius include: Paul Farhi, Founder & CEO: Leads with a vision for integrating AI within blockchain, driving the future of decentralized technologies. Niraj Poduval, Chief of Staff, brings over 11 years of AI and data consulting experience from sectors including Public Finance Banking. Adrian Stoica, Founder and Head of Technology and Development: Provides a deep tech perspective to evaluate the technical robustness of projects. Platinum Sponsor: Kima Network - A decentralized protocol for blockchain-based money transfers, enabling interchain transactions and accessibility for any user across any blockchain. Representing Kima Network on the judging panel are: Tomer Warschauer Nuni, CMO: Brings over 20 years of digital marketing expertise, with a deep focus on blockchain and Web3 innovations. Tomer is a serial entrepreneur with notable successes and a regular contributor to Forbes and Cointelegraph. Eitan Katz, CEO: With over 25 years of executive experience at tech giants like HP and BMC, Eitan is an early adopter of cryptocurrencies and was a founding member of Aegis, the first MPC-based bitcoin wallet. Gold Sponsor: GT-Protocol - Spearheading innovation in decentralized finance (DeFi), GT-Protocol offers a comprehensive suite of tools designed to enhance efficiency and transparency within the sector. GT-Protocol contributes their expertise to the competition through: Balaban Vladyslav, Co-founder: An avid blockchain advocate, investor, and entrepreneur with a futuristic vision. Balaban's leadership at GT-Protocol underscores his dedication to revolutionizing the DeFi landscape. Silver Sponsor: Router Protocol - Focused on cross-chain interoperability, Router Protocol empowers blockchain interactions and development through its innovative products. Joining the judges from Router Protocol is: Priyeshu Garg, Head of Marketing and Developer Relations: With a background in engineering and journalism, Priyeshu has been at the forefront of developing top-tier Web3 products since 2018, bringing a unique blend of technical expertise and market insights to the competition. Celebrating Industry Experts Our partners' diverse expertise significantly enhanced the integrity and innovation of HackaTRON Season 6: Huawei Cloud: Represented by Bian Wenchao, who is spearheading the charge towards a vibrant Web3 ecosystem. Blockchain.com: Matt Arney leads business development, bringing a dynamic approach to fostering startup growth within the blockchain space. ChainSecurity: Pietro Carta, a Blockchain Security Engineer, known for identifying and mitigating critical vulnerabilities. ChainAnalysis: Pablo Navarro, combines his Web3 experience with offensive security to enhance blockchain safety. Nansen: Edward Wilson, Social Media Manager, offers insights into on-chain data and DeFi from a user experience perspective. Into The Block: Nicolas Contasti, Head of Sales & Business Development, shares his experience from transforming the financial services industry. CryptoQuant: Ben Sizelove, Senior Data Consultant, provides top-notch on-chain and market data analytics. CryptoRank: Sergei Zubakov, a chief analyst with expertise in the DeFi sector, adds analytical prowess to the event. Arkham: Alexander Lerangis focuses on leading Arkham's partnerships, branding, and growth initiatives. A Successful Wrap-Up and Future Outlook The HackaTRON provided a platform for extensive networking and strategic collaborations, setting the stage for future innovations. With the judging phase set to commence, the contributions of the esteemed judges will be crucial in selecting the winners, who will be announced on May 30. These winners will receive 30% of the prize pool immediately, with the remaining awarded upon successful deployment on the TRON mainnet, reflecting TRON DAO’s commitment to supporting practical blockchain applications. About TRON DAO TRON DAO is a community-governed DAO dedicated to accelerating the decentralization of the internet via blockchain technology and dApps. Founded in September 2017 by H.E. Justin Sun, the TRON network has continued to deliver impressive achievements since MainNet launch in May 2018. July 2018 also marked the ecosystem integration of BitTorrent, a pioneer in decentralized Web3 services boasting over 100 million monthly active users. The TRON network has gained incredible traction in recent years. As of January 2023, it has over 205.11 million total user accounts on the blockchain, more than 6.96 billion total transactions, and over $20.43 billion in total value locked (TVL), as reported on TRONSCAN. In addition, TRON hosts the largest circulating supply of USD Tether (USDT) stablecoin across the globe, overtaking USDT on Ethereum since April 2021. The TRON network completed full decentralization in December 2021 and is now a community-governed DAO. Most recently in October 2022, TRON was designated as the national blockchain for the Commonwealth of Dominica, which marks the first time a major public blockchain partnered with a sovereign nation to develop its national blockchain infrastructure. On top of the government’s endorsement to issue Dominica Coin (“DMC”), a blockchain-based fan token to help promote Dominica’s global fanfare, seven existing TRON-based tokens - TRX, BTT, NFT, JST, USDD, USDT, TUSD, have been granted statutory status as authorized digital currency and medium of exchange in the country. TRONNetwork | TRONDAO | Twitter | YouTube | Telegram | Discord | Reddit | GitHub | Medium | Forum Media Contact Hayward Wong press@tron.network Contact Details Hayward Wong press@tron.network Company Website https://trondao.org/

May 16, 2024 09:00 AM Eastern Daylight Time

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HTX to Boost Liquid Restaking Quota Totaling $150 Million with Upgraded Point System

HTX

HTX, a world-leading cryptocurrency exchange, reportedly announced an upcoming, significant upgrade to its Liquid Restaking event, featuring an injection into the quota pool and the adoption of the new point system, to reward its users. This move stands HTX out for its event's stability and genuine commitment despite the backdrop of market volatility. Upsized Rewards Based on Quota Totaling $150M HTX will launch a brand-new version of Liquid Restaking on May 16, 2024, at 09:00 (UTC). This upgrade includes an additional $50M quota. According to HTX's announcement, with the additional quota, Liquid Restaking is offering a total staking quota of $150 million. This includes 5,000 ETH, 250 BTC, 2,000B HTX, and 30,000,000 TRX. Users can register for Liquid Restaking with their spot and futures account balances snapshotted to easily earn rewards, including airdrops from popular projects such as EigenLayer and BounceBit. Allocation of Additional $50M Quota: ● An increase of a 5,000 ETH quota allocated to EigenLayer and Puffer, effective from May 16. Accordingly, you will get airdrop rewards from EigenLayer on a total quota of 5,000 ETH and from Puffer on a total quota of 5,000 ETH daily. ● An increase of a 250 BTC quota allocated to BounceBit, effective from April 19. Accordingly, you will get airdrop rewards from BounceBit on a total quota of 500 BTC daily. ● An increase of 2,000B $HTX and 30,000,000 TRX quotas, effective from May 16. You will get more rewards accordingly. New Point System: Automatically Mapping LRS Points to r-Points HTX Liquid Restaking will adopt a new point system of r-points effective from May 16, which can be redeemed for rewards provided by corresponding projects. Points earned before May 16 will be automatically updated to r-points. After the upgrade, participants will receive r-points based on the cryptocurrency they enable for the event, which can be redeemed for airdrops from corresponding projects. For r-points distribution rules, please read HTX's official event announcement. See r-Points explained below: r-points give participants a clearer display of their rewards when they claim airdrops. LRS points participants earned by May 12, 2024, 16:00 (UTC) will be proportionally mapped to the corresponding project points, marked as r-points after the upgrade. For example: 10 LRS-ETH = 10 r-stETH + 5 r-EIGEN + 5 r-PUFF. For mapping details, please read: Updates on Liquid Restaking: Adding $50M Quota, New Point System, One-Click Reward Claims As the first exchange to eliminate participation barriers for on-chain restaking, HTX is comfortably ahead in the restaking field with its innovative Liquid Restaking event. The event features no lockups, no staking, high returns, and flexibility, which is noteworthy especially for investors seeking to capitalize on the on-chain staking revolution without compromising liquidity. About HTX Founded in 2013, HTX has evolved over a decade from a simple cryptocurrency exchange to a comprehensive blockchain business ecosystem. This expansion covers a wide range of services including digital asset trading, financial derivatives, wallets, research, investments, incubation, and more. As a world-leading portal to Web 3.0, HTX is committed to a growth strategy focused on global expansion, ecological prosperity, wealth effect, and safety and compliance. This approach enables us to offer comprehensive, safe, and reliable services and value to virtual currency enthusiasts around the world, reinforcing our position as a global gateway to Web3. Contact Details Michael Wang glo-media@htx-inc.com Company Website https://www.htx.com/

May 16, 2024 06:29 AM Eastern Daylight Time

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TRON DAO at Cornell Blockchain Conference

TRON DAO

Geneva, Switzerland, May 15, 2024 – TRON DAO, a platinum sponsor at the Cornell Blockchain Conference, recently showcased its leadership at Cornell Tech on Roosevelt Island. The event attracted over 800 participants, including students, academics, and industry leaders, highlighting TRON DAO’s commitment to blockchain education and community interaction. Many of these participants visited the TRON DAO booth to learn more about the TRON network and upcoming events. Insightful Panel Participation Dave Uhryniak, Ecosystem Development Lead at TRON DAO, participated in a compelling panel discussion on decentralized finance (DeFi). The panel consisted of other thought leaders in the industry such as Christopher Newhouse, DeFi Analyst at Cumberland Labs, and Jasmine Cooper, Head of DeFi Product at Ripple. Uhryniak’s insights into how the TRON network facilitates major advancements in DeFi applications underscored TRON DAO’s significant role in propelling the blockchain industry forward. This panel provided an excellent platform for TRON DAO to engage with other blockchain experts and discuss future collaborations, strengthening its strategic position within the DeFi ecosystem. ChainGPT Co-hosts Exclusive Side Event TRON DAO, in collaboration with ChainGPT and Cornell Blockchain Conference, hosted an engaging side event at The Graduate Hotel’s rooftop, attended by over 150 blockchain enthusiasts, students, and developers. ChainGPT, known for its innovative AI-powered solutions such as smart contract generators and blockchain analytics tools, played a crucial role in fostering discussions on the convergence of AI and blockchain. This collaboration between TRON DAO and ChainGPT exemplifies their shared effort to bridge theoretical blockchain applications with practical, real-world implementations. Advancing Blockchain Innovation Through its active involvement in the Cornell Blockchain Conference and the successful side event, TRON DAO reaffirmed its dedication to supporting educational initiatives and promoting innovative discussions in the blockchain space. These events were pivotal in advancing knowledge, addressing industry challenges, and showcasing the diverse capabilities that TRON DAO brings to the blockchain community. As TRON DAO continues its mission to decentralize the internet through groundbreaking blockchain solutions, it remains committed to nurturing strong community ties and fostering innovation globally. The Cornell Blockchain Conference was a testament to TRON DAO’s leadership in shaping the future of decentralized technologies and its ongoing commitment to educational advancements in the blockchain sector. About TRON DAO TRON DAO is a community-governed DAO dedicated to accelerating the decentralization of the internet via blockchain technology and dApps. Founded in September 2017 by H.E. Justin Sun, the TRON network has continued to deliver impressive achievements since MainNet launch in May 2018. July 2018 also marked the ecosystem integration of BitTorrent, a pioneer in decentralized Web3 services boasting over 100 million monthly active users. The TRON network has gained incredible traction in recent years. As of January 2023, it has over 205.11 million total user accounts on the blockchain, more than 6.96 billion total transactions, and over $20.43 billion in total value locked (TVL), as reported on TRONSCAN. In addition, TRON hosts the largest circulating supply of USD Tether (USDT) stablecoin across the globe, overtaking USDT on Ethereum since April 2021. The TRON network completed full decentralization in December 2021 and is now a community-governed DAO. Most recently in October 2022, TRON was designated as the national blockchain for the Commonwealth of Dominica, which marks the first time a major public blockchain partnered with a sovereign nation to develop its national blockchain infrastructure. On top of the government’s endorsement to issue Dominica Coin (“DMC”), a blockchain-based fan token to help promote Dominica’s global fanfare, seven existing TRON-based tokens - TRX, BTT, NFT, JST, USDD, USDT, TUSD, have been granted statutory status as authorized digital currency and medium of exchange in the country. TRONNetwork | TRONDAO | Twitter | YouTube | Telegram | Discord | Reddit | GitHub | Medium | Forum Media Contact Hayward Wong press@tron.network Contact Details Hayward Wong press@tron.network Company Website https://trondao.org/

May 15, 2024 03:15 PM Eastern Daylight Time

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Direxion Unveils AIBU and AIBD: Leveraged & Inverse Trades on Artificial Intelligence and Big Data

Direxion

Direxion, a leading provider of tradeable and thematic ETFs, today announced the launch of the Direxion Daily AI and Big Data Bull 2X Shares (Ticker: AIBU) and the Direxion Daily AI and Big Data Bear 2X Shares (Ticker: AIBD). AIBU and AIBD seek to achieve 200%, or 200% of the inverse (opposite), before fees and expenses, respectively, of the daily performance of the Solactive US AI & Big Data Index. The Index is designed to track the performance of companies deriving at least 50% of revenue in at least one of the following business fields: Artificial Intelligence (AI), Data Analytics and Big Data, Natural Language Processing, and AI-Driven Services. AI and big data are inherently connected and dependent on each other, as AI requires large amounts of data to learn and develop. In 2023, the size of the global AI market was $207.9 billion. By 2030, this number is predicted to increase nearly tenfold to $1.8 trillion. “AIBU and AIBD seek to capitalize on the relationship between AI and big data. We’re launching these ETFs at a pivotal time, as AI and its capabilities are now well established, but innovation is ongoing. Multiples for these companies are high, and sustaining valuations will be key, ” said Direxion Managing Director and Head of Sales and Alternatives, Edward Egilinsky. “These ETFs offer traders a chance to express short-term convictions in the AI-big data sector.” All Direxion leveraged and inverse ETFs are intended only for investors with an in-depth understanding of the risks associated with seeking leveraged investment results, and who plan to actively monitor and manage their positions. There is no guarantee these ETFs will meet their objective. Please visit the Direxion Leveraged and Inverse ETF Education Center, where you will find educational brochures, videos, and a self-paced online course to help you understand if leveraged ETFs are right for you. About Direxion: Direxion equips investors who are driven by conviction with ETF solutions built for purpose and fine-tuned for precision. These solutions are available for a broad spectrum of investors, whether executing short-term tactical trades, or investing in thematic strategies. Direxion’s reputation is founded on developing products that precisely express market perspectives and allow investors to manage their risk exposure. Founded in 1997, the company has approximately $42.3 billion in assets under management as of March 31, 2024. For more information, please visit www.direxion.com. There is no guarantee that the Funds will achieve their investment objectives. For more information on all Direxion Shares ETFs, go to www.direxion.com, or call us at 866.301.9214. An investor should carefully consider a Fund’s investment objective, risks, charges, and expenses before investing. A Fund’s prospectus and summary prospectus contain this and other information about the Direxion Shares. To obtain a prospectus and summary prospectus call 866-476-7523 or visit our website at direxion.com. A Fund’s prospectus and summary prospectus should be read carefully before investing. Leveraged and Inverse ETFs pursue daily leveraged investment objectives which means they are riskier than alternatives which do not use leverage. They seek daily goals and should not be expected to track the underlying index over periods longer than one day. They are not suitable for all investors and should be utilized only by sophisticated investors who understand leverage risk and who actively manage their investments. Direxion Shares Risks – An investment in each Fund involves risk, including the possible loss of principal. Each Fund is non-diversified and includes risks associated with the Funds’ concentrating their investments in a particular industry, sector, or geographic region which can result in increased volatility. The use of derivatives such as futures contracts and swaps are subject to market risks that may cause their price to fluctuate over time. Risks of each Fund include Effects of Compounding and Market Volatility Risk, Leverage Risk, Market Risk, Counterparty Risk, Rebalancing Risk, Intra-Day Investment Risk, Other Investment Companies (including ETFs) Risk, Cash Transaction Risk, Passive Investment and Index Performance Risk, and risks specific to the information technology sector and AI and big data companies. The value of stocks of information technology companies and companies that rely heavily on technology is particularly vulnerable to rapid changes in technology product cycles. Additional risks include, for the Direxion Daily AI and Big Data Bull 2X Shares, Daily Index Correlation Risk and for the Direxion Daily AI and Big Data Bear 2X Shares, Shorting or Inverse Risk and Daily Inverse Index Correlation Risk. Please see the summary and full prospectuses for a more complete description of these and other risks of each Fund. Distributor: Foreside Fund Services, LLC. Contact Details Ditto Public Relations Danielle Black, SAE direxion@dittopr.co Company Website https://www.direxion.com/

May 15, 2024 09:00 AM Eastern Daylight Time

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ToolsGroup Named Leader in Demand Forecasting and Supply Chain Management Software in 2024 Customer Success Report

ToolsGroup

ToolsGroup, a global leader in retail and supply chain planning and optimization software, is proud to announce its recognition as a “Market Leader” in the Spring 2024 Demand Forecasting Software Customer Success Report, published by FeaturedCustomers. This acknowledgment underscores ToolsGroup's commitment to delivering exceptional solutions and customer satisfaction in supply chain solutions. Kevin Young, CMO and Chief Growth Officer at ToolsGroup expressed his gratitude for the recognition, stating, "We're thrilled to be recognized once again by FeaturedCustomers as a market leader in Demand Forecasting for 2024 and being further awarded Supply Chain Management Software Leader status. At ToolsGroup, we are dedicated to helping companies optimize their supply chain performance to meet or exceed their strategic objectives and business goals. It is very gratifying to be acknowledged based on the opinions of our customers." In this latest report, ToolsGroup was given the highest rated “Market Leader” award in recognition of having the top ratio of customer reference content, Demand Forecasting content score and social media presence and ratings. This recognition is in addition to the following FeaturedCustomers awards in 2024: · Customer Excellence Award | 2024 · Top Rated Software Award | 2024 · Customers Love Us Award | 2024 · Hot 100 Vendor Award | 2024 · Top 1000 B2B Software | 2024 FeaturedCustomers Customer Success report is based on over 1,600 pieces of verified customer reference content. A vendor’s overall customer success score is reached via a weighted average of their Content, Market Presence, and Company Scores. Of the vendors listed in the FeaturedCustomers’ Demand Forecasting Software category, only 16 met the minimum requirements needed to be considered for the customer success report. Additional Resources: The full report, along with ToolsGroup’s profile, is available for you to download here. See ToolsGroup’s listing on FeaturedCustomers here. Find out why customers are rating ToolsGroup so highly at the Gartner Supply Chain Symposium in Barcelona, Spain June 10-12. Experience the latest AI-based solutions at Kiosk #400. Book a meeting with our experts today! About ToolsGroup ToolsGroup’s innovative AI-powered solutions enable retailers, distributors and manufacturers to navigate through supply chain uncertainty. Our retail and supply chain planning suites empower a new level of intelligent decision-making and unlock powerful business improvements in forecast accuracy, service levels and inventory – delighting customers and achieving financial and sustainability KPIs.. Stay in touch with ToolsGroup on LinkedIn, Twitter, YouTube, or visit www.toolsgroup.com. Contact Details Meir Kahtan +1 917-864-0800 mkahtan@rcn.com Company Website https://www.toolsgroup.com

May 15, 2024 08:30 AM Eastern Daylight Time

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NAVEX Unveils Compliance Program Management: DOJ Guidance

NAVEX Global

NAVEX, the global leader in integrated risk and compliance management software, announces the release of NAVEX Compliance Program Management: DOJ Guidance. This news comes on the heels of NAVEX’s recent addition of global whistleblowing rules and regulations to the Compliance Program Management solution. Compliance professionals can now navigate corporate governance regulations by mapping their current program to the latest Department of Justice (DOJ) guidelines, pinpointing weaknesses in minutes. A NAVEX survey found that nearly 44% of companies reported at least one regulatory investigation or enforcement action in the past two years. NAVEX Compliance Program Management: DOJ Guidance helps compliance professionals gain instant insights into gaps and vulnerabilities, ensuring their program meets DOJ expectations and minimizes their risk of legal penalties. “Compliance teams today struggle to identify areas of focus, particularly within DOJ guidance,” says Jazz Mimoun, global ethics program director at onsemi. “NAVEX Compliance Program Management: DOJ Guidance can be a useful tool to identify those areas and conduct internal analyses and risk assessments that actively improve a compliance program more effectively.” The solution translates DOJ guidance on corporate compliance into straightforward control recommendations backed by input from industry experts and GRC industry leaders. It removes the frustration of keeping pace with evolving regulations and offers a clear roadmap to: Clarify compliance with expert input: Translate open-ended compliance guidelines from the DOJ to clear-cut compliance statements vetted by legal experts. Score statements to quantify program performance and identify gaps and shortfalls. Demonstrate program value: Organize and score all GRC programs in a single web-based platform. Prove program value and effectiveness with digestible dashboards and board-ready reports. Stay audit ready: A single source of truth for collecting, organizing and accessing evidence of compliance activities and program structure, making it easier and more cost-effective to stay audit ready. Reduce unseen compliance risk: A program designed with industry-proven structures is the best defense against unknown or unwanted risks. Design and deploy a GRC program to effectively predict, manage, and mitigate those risks. "Companies are facing a lot of challenges that go beyond regulatory compliance. They're dealing with resource constraints, technology integrations, cross-departmental collaboration and more,” says NAVEX Chief Product Officer, A.G. Lambert. "NAVEX Compliance Program Management: DOJ Guidance will immediately help compliance professionals navigate many of these challenges upfront." For more information, visit NAVEX Compliance Program Management: DOJ Guidance. And read our blog. NAVEX is trusted by thousands of customers worldwide to help them achieve the business outcomes that matter most. As the global leader in integrated risk and compliance management software and services, we deliver our solutions through the NAVEX One platform, the industry’s most comprehensive governance, risk and compliance (GRC) information system. Contact Details NAVEX +1 617-388-5773 scott.levesque@navex.com Company Website https://navex.com

May 15, 2024 08:00 AM Eastern Daylight Time

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