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Substrate Artificial Intelligence invests in "fantastic" UK AI market ahead of listing

Substrate Artificial Intelligence

Substrate Artificial Intelligence (OTCQB:SUIAF) chairman Lorenzo Serratosa and CEO Ivan Garcia speak to Thomas Warner from Proactive about the latest developments at the Spanish AI company ahead of its planned London listing. Serratosa explains that Substrate develops its own AI technology to create, develop, and scale companies across various sectors. The core aim is to enhance profitability and sustainability using AI solutions. Garcia gives an update on preparations for the company's Aquis listing, which he expects to complete in October or November. He emphasises the UK's "fantastic" and relatively well-developed tech ecosystem with supportive AI policies. Furthermore, Serratosa revealed their recent acquisition of a UK-based company, Ifit Solutions, which specialises in AI-driven talent management and acquisition. This move aligns with Substrate AI's vision of leveraging AI to improve job satisfaction and company-employee compatibility. The acquisition is seen as a strategic step to tap into the UK market and further expand the scope of their technological solutions. Contact Details Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com

September 27, 2023 01:36 PM Eastern Daylight Time

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Comcast Invests $3.6 Million to Bring Xfinity 10G Network to Rural Community of Caruthers, California in Fresno County

Comcast California

Comcast today announced it invested nearly $3.6 million to bring its smart, fast, reliable high speed broadband network – the Xfinity 10G Network – to Caruthers, a rural community in Fresno County, California. Expanding its secure Xfinity 10G Network and commercial broadband services to rural areas is an important part of Comcast’s overall effort to increase digital equity in the Central Valley. Today’s announcement follows Comcast’s high speed broadband expansions in Biola, CA, another rural community in Fresno County where the company invested $1 million, and Planada, CA, a rural community in Merced County where Comcast invested $4.5 million. Work is underway on Xfinity 10G Network expansion projects in several additional areas of Fresno and Merced Counties. Caruthers residential customers will now have access to Xfinity’s full suite of internet products, including Internet Essentials, which provides low cost, high speed broadband for income-constrained households. Since its inception in 2011, the program has connected more than 1.4 million residents across California. Businesses in the area will now be able to take advantage of the full suite of Comcast Business products and services. Comcast also participates in the Affordable Connectivity Program (ACP), which provides qualifying households with a $30 monthly credit toward internet and mobile services. “I greatly appreciate Comcast’s significant investments in our rural communities and the expansion of high-speed broadband access for the residents and business owners in Caruthers,” said Fresno County Supervisor Buddy Mendes. “Continuing to invest in rural communities has a significant, positive impact on the lives of families, students, seniors and veterans and helps to close the Digital Divide. Our community will now have access to a broader range of educational opportunities, better jobs, digital literacy training and workforce development skills. Internet access is at the center of our modern lives and the quality of those lives will be greatly enhanced here, thanks to Comcast.” “The Central Valley continues to be a big focus for us here at Comcast as we continue to invest and expand our high speed, high-capacity network in the State,” said Regional Senior Vice President David Tashjian. “We understand that fast, reliable and secure Internet access has become a necessity for everyone, and we’re excited to be able to bring our Xfinity 10G Network to these communities to create lasting impactful change.” Through September 30, Comcast will be showcasing products and services available to customers and providing a number of raffle prizes and giveaways to attendees at the Caruthers District Fair, California’s largest and longest-running free gate fair. Community members are encouraged to visit with Comcast representatives to learn how the company’s Internet and other services can support their residential or business needs. Powered by the Xfinity 10G Network Comcast’s network and Internet experience are powering homes and businesses today and into the future: Ultimate Capacity: Xfinity customers connect more than 1 billion devices across the company’s network annually. The Xfinity 10G Network with the next-generation Xfinity gateways deliver the most advanced WiFi technology carrying three times more bandwidth to power streaming, gaming, videoconferencing, and more, simultaneously. Fastest Internet: More than a third of Xfinity Internet customers subscribe to gigabit speed products, and symmetrical gig speeds are planned to come to the first homes later this year. Unprecedented Coverage: The latest Xfinity Gateway provides a more reliable connection throughout the home. Customers can get wall-to-wall WiFi coverage with a powerful Xfinity WiFi Boost Pod that extends coverage to hard-to-reach areas, with plans for an offering of increased support for in-home WiFi through a “boost guarantee” later this year. Most Reliable Connection: Comcast is scaling the nation’s largest and most reliable network – the Xfinity 10G Network – that passes 60 million homes and businesses and counting. The company launched Storm-Ready WiFi, a new device that comes equipped with cellular and battery backup to help keep customers connected even when the power goes out. Ultra-Low Latency: The Xfinity 10G Network and the latest Xfinity Gateway are a powerful combination that deliver ultra-low latency for those moments when response times matter most like video games, a fast-growing category with Xfinity households averaging more than one gaming console per home. For local businesses, Comcast Business offers a suite of connectivity, cybersecurity, managed solutions and Comcast Business Mobile products designed specifically for their employee’s needs. Powered by the nation’s largest Gig-speed broadband network, and backed by 24/7 customer support, Comcast Business is the nation’s largest cable and Internet provider to small and mid-size businesses and one of the leading providers to larger organizations in the Enterprise market. Comcast Business has been consistently recognized by industry analysts and associations as a leader and innovator, and one of the fastest growing providers of Ethernet services. About Comcast Corporation Comcast Corporation (Nasdaq: CMCSA) is a global media and technology company that connects people to moments that matter. We are principally focused on broadband, aggregation, and streaming with 57 million customer relationships across the United States and Europe. We deliver broadband, wireless, and video through our Xfinity, Comcast Business, and Sky brands; create, distribute, and stream leading entertainment, sports, and news through Universal Filmed Entertainment Group, Universal Studio Group, Sky Studios, the NBC and Telemundo broadcast networks, multiple cable networks, Peacock, NBCUniversal News Group, NBC Sports, Sky News, and Sky Sports; and provide memorable experiences at Universal Parks and Resorts in the United States and Asia. Visit www.comcastcorporation.com for more information. Contact Details Comcast California Jon Koriel +1 925-315-2690 Jon_koriel@comcast.com

September 27, 2023 10:00 AM Pacific Daylight Time

Shopistry Launches White-Label eCommerce Platform Enabling Banks, Merchant Acquirers, and Payment Processors

Shopistry

Toronto, Ontario -- Shopistry, a leading commerce solution provider powering local merchants to leading brands, today announced the launch of Private Label Commerce, the industry’s first white-label eCommerce solution. Banks, merchant service providers, payment providers, and software companies can now offer merchants a modern, no-code online store and omni-channel solution, integrated with their existing offerings, growing client value, gaining revenue, and reducing churn. The innovative approach is designed to empower traditional fintechs to deepen client relationships and compete with software providers that are increasingly offering payments and financial products to business owners as a catalyst for growth. “Owning the customer relationship is critical and the more indispensable you become to your merchant’s business the better. This why eCommerce software companies have increasingly moved into payments, loans, and more, putting pressure on traditional fintech companies. Shopistry’s Private Label Commerce levels the playing field; it’s a game changer to offer your clients a Shopify-like solution without the work,” said Jaafer Haidar, CEO at Shopistry. Private Label Commerce is the latest from Shopistry and introduces a focus on small/medium businesses to compliment the company's existing products for leading brands and media and entertainment that powered growth at Oura Ring, Black Rifle Coffee, NEON and other leading brands. “We’re focused on running our business and needed a solution that’s easy and integrated with our payments and banking so we can manage everything in one place. We tried others but Shopistry is easy to use and has a lot of features. The fact that it’s offered by our payments company means we only have one place to go for anything we need,” said Matt Boom, partner at Boomerz Boxing & Fitness.” Shopistry has partnered with major merchant service providers and is now open for additional partners. Key benefits include: White-Label & Supported: End-to-End software, videos, managed support by Shopistry Sales Enablement Program: Sales support and training to enable your sales effort Turn-key Mobile & Web Stores: Merchants quickly start selling online Dynamic Checkout: Single-page checkout, integrated payments, BOPIS, Shipping more Simplified Operations: Automatic product, inventory, order, and payment integration enables seamless operations without changes to business processes Seamless Omni-channel: Integration with in-store terminals and systems to deliver a seamless omni-channel solution Continuous Innovation with AI, Social and more: Ongoing product innovation drive further value to clients, keeping partners ahead of the game without costs To learn more about how Shopistry Private Label Commerce can benefit your organization, please visit shopistry.com contact partners@shopistry.com. For press inquiries please contact press@shopistry.com. About Shopistry Shopistry commerce software and solutions empower partners and merchants of all sizes to innovate and grow their business online hassle-free. Shopistry powers SMBs to leading growth brands like Oura Ring, Honed, NEON Studios, and more with modern functionality, simplicity, performance, and flexibility to adapt and grow as commerce continues to evolve. To learn more visit shopistry.com. Shopistry® is a registered trademark of Shopistry Inc. Third-party trademarks and service marks are the property of their respective owners. Contact Details Bryanne Baker press@shopistry.com Company Website https://www.shopistry.com

September 27, 2023 11:58 AM Eastern Daylight Time

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RuaTech Redefines IT Excellence Using Comcast Business Technology

Comcast New Mexico

Comcast Business today announced that it is providing RuaTech with technology solutions – including Comcast Business Mobile lines and Comcast Business Internet – that help the New Mexico-based business create a more connected, agile and productive work environment, empowering its teams to deliver exceptional results and bolster client satisfaction. Founded with a vision to redefine IT landscapes, RuaTech has rapidly emerged as a frontrunner in providing comprehensive technology solutions to businesses of all sizes. With a track record of seamlessly integrating cutting-edge systems into diverse business operations, RuaTech has gained a reputation for excellence in optimizing IT infrastructure for enhanced productivity. The company offers a variety of IT services to its clients, including diagnosing and troubleshooting technology issues as well as providing recommendations on new tools or processes needed to optimize their clients’ operations. RuaTech is a small business that operates out of Silver City, a rural area in New Mexico. With one office space in the city, the company’s employees are often connecting virtually with their clients, resolving IT issues without ever being present in a physical space. Recognizing the pivotal role that connectivity plays in its operations, the company needed to find a technology provider that offered reliable, fast service despite the less populated location it’s based in. Comcast Business was the best choice for the company’s needs. “Our customers come to us to resolve technology problems, which means we don’t have any room for technology issues on our end – thankfully, Comcast Business’ solutions have provided us with the peace of mind an IT organization needs to do business,” said José Velasco, CEO and owner or RuaTech, who also oversees day-to-day technical operations. “Moreover, they take the time to have conversations with us on our needs, which makes our small business feel just as important as any bigger company.” The technology solutions provided by Comcast Business are perfectly tailored to bolster RuaTech's IT operations. Comcast Business Mobile lines ensure that RuaTech's team can remain connected and agile, facilitating efficient communication and real-time collaboration regardless of whether they are in office, or offsite. Furthermore, Comcast Business Internet services empower RuaTech to handle complex projects, data-intensive tasks and client interactions quickly and reliably, ultimately enhancing the overall client experience. “RuaTech's innovative approach to IT services aligns seamlessly with our commitment to delivering advanced connectivity and communication tools, making them a perfect fit for Comcast technology solutions,” said Robert Thompson, vice president of business services for Comcast’s Mountain West Region. “We are proud to provide technology to help RuaTech reshape the landscape of IT support and redefine how businesses harness the power of technology.” About Comcast Business Comcast Business offers a broad suite of technology solutions to keep businesses of all sizes ready for what’s next. With a range of offerings including connectivity, secure networking, advanced cybersecurity, and unified communications solutions, Comcast Business is partnering with business and technology leaders across industries and integrating Masergy, a leader in software defined networking, to help drive businesses forward. Backed by a next-generation network, Comcast Business has been recognized for its growth, innovation, and leadership in global secure networking. For more information, call 800-501-6000. Follow on Twitter @ComcastBusiness and on other social media networks at http://business.comcast.com/social. About Comcast Corporation Comcast Corporation (Nasdaq: CMCSA) is a global media and technology company that connects people to moments that matter. We are principally focused on connectivity, aggregation, and streaming with 57 million customer relationships across the United States and Europe. We deliver broadband, wireless, and video through our Xfinity, Comcast Business, and Sky brands; create, distribute, and stream leading entertainment, sports, and news through Universal Filmed Entertainment Group, Universal Studio Group, Sky Studios, the NBC and Telemundo broadcast networks, multiple cable networks, Peacock, NBCUniversal News Group, NBC Sports, Sky News, and Sky Sports; and provide memorable experiences at Universal Parks and Resorts in the United States and Asia. Visit www.comcastcorporation.com for more information. Contact Details Chloe Huard chloe.huard@finnpartners.com Company Website https://newmexico.comcast.com/

September 27, 2023 09:09 AM Mountain Daylight Time

ToolsGroup Acquires Evo for Industry-Leading Responsive AI

ToolsGroup

ToolsGroup, a global leader in retail and supply chain planning and optimization software, announced today the acquisition of Evo, a provider of artificial intelligence (AI) and machine learning (ML) solutions for business performance optimization. The integration of Evo’s responsive AI solutions with ToolsGroup Service Optimizer 99+ (SO99+) and JustEnough® solutions will offer customers the most efficient, real-time supply chain and price optimization solution available. “The acquisition of Evo brings together two companies with complementary products, values, visions, and customers,” said ToolsGroup CEO, Inna Kuznetsova. “ToolsGroup is a leader in Dynamic Planning, and the addition of Evo extends that lead with dynamic price optimization. The Evo capabilities in non-linear optimization, quantum learning, and advanced prescriptive analytics will enable us to make the next leap in our journey toward Decision-Centric Planning. And Evo’s responsive AI gives us an essential ingredient to deliver the autonomous supply chain of the future. Evo’s technology directly supports our mission to make the supply chain a force for good, and we are excited to welcome the Evo team to our company.” Dr. Fabrizio Fantini, Founder and CEO of Evo commented, “Together with ToolsGroup, we can shape the vision for the supply chain of the future – one that powers smarter supply chain decisions for human managers through optimal price and inventory calculations. Our goal is to make the complex science of artificial intelligence easy to use and deliver products that don’t just work, but work for you. Joining together with ToolsGroup will allow us to extend the impact we can deliver beyond pricing and inventory optimization, to better decision making across the entire value chain.” ToolsGroup supports over 400 customers in optimizing their inventory to meet service level or assortment requirements while achieving the best financial outcomes. By combining the proven data science capabilities of Evo, with the end-to-end capabilities and mature ML models of ToolsGroup’s retail and supply chain planning applications, organizations can truly optimize business outcomes. Customers using ToolsGroup will deliver the right product to the right customer at the right time – and now, with EvoAI, at the right price. “At Event Network, we aim to optimize the retail potential of experiential attractions. Pricing is critical for achieving that objective, but the inherent complexity of our business and of the broader retail landscape created a challenge to get timely, relevant insights,” said Evo customer, Larry Gilbert, CEO of Event Network. “EvoAI pricing optimization provides sustainable innovation, supporting our delivery of the outstanding guest experiences we aim for. We are very excited about this new chapter in Evo's journey.” Following a significant investment in 2021 from tech-focused private equity firm Accel-KKR, ToolsGroup has expanded its product offerings through the Just Enough demand management acquisition in 2021 and Onera retail execution acquisition in 2022. In August 2023, ToolsGroup was listed among the Gartner® Magic Quadrant™ for Supply Chain Planning Solutions (Midmarket Context). Park Durrett, Managing Director at Accel-KKR, stated, “We’re pleased to support ToolsGroup’s commitment to deliver continuous innovation that help customers optimize their supply chain operations. The Evo acquisition is part of an ongoing strategic plan to ensure that ToolsGroup remains the category leader at delivering strategic solutions and unlocking new value for customers.” Resources · Learn more about the acquisition HERE. · EvoAI achieves Quantum Learning · Evo HBR article · Evo Harvard case study About Evo Since 2015, Evo has used revolutionary prescriptive AI to help managers around the world make better business decisions. Our easy-to-use AI applications optimise planning across pricing, inventory, customer scoring and retention. With EvoAI, clients set the business goals and direct the strategy, and the app shows the best inventory levels, prices, and offers to help to achieve them. Evo has a track record of generating over $300 million in profit for its clients, unique patents, and results published in multiple Harvard Business School cases. Evo is the AI company that bridges the gap between management and data to drive impact. About ToolsGroup ToolsGroup, a global leader in retail and supply chain planning and optimization software, is backed by leading tech-focused private equity fund Accel-KKR. 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

September 27, 2023 09:00 AM Eastern Daylight Time

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ToolsGroup acquisisce Evo e integra l’AI reattiva leader di settore

ToolsGroup

ToolsGroup, leader globale nel software di pianificazione e ottimizzazione della supply chain, annuncia oggi l'acquisizione di Evo, fornitore di soluzioni di intelligenza artificiale (AI) e machine learning (ML) per l'ottimizzazione delle prestazioni aziendali. L’integrazione delle funzionalità AI reattive di Evo con le suite ToolsGroup Service Optimizer 99+ (SO99+) e JustEnough® offrirà ai clienti la soluzione per l’ottimizzazione in tempo reale della supply chain e l’ottimizzazione dei prezzi più efficiente disponibile sul mercato. "L'acquisizione di Evo unisce due società con visione e valori comuni, e con prodotti e clienti complementari", ha affermato Inna Kuznetsova, CEO di ToolsGroup. “ToolsGroup è leader nella pianificazione dinamica ed Evo estende l’offerta con l'ottimizzazione dinamica dei prezzi. Le funzionalità di Evo nell'ottimizzazione non lineare, nell'apprendimento quantistico (Quantum Learning) e nell'analisi prescrittiva avanzata ci consentiranno di fare il prossimo passo avanti nel nostro viaggio verso la pianificazione centrata sulle decisioni. E l’intelligenza artificiale reattiva di Evo ci fornisce un ingrediente essenziale per delineare la supply chain autonoma del futuro. La tecnologia di Evo supporta direttamente la nostra missione di rendere la supply chain una forza positiva e siamo entusiasti di accogliere il team Evo nella nostra azienda”. Fabrizio Fantini, fondatore e CEO di Evo, ha commentato: "Insieme a ToolsGroup possiamo costruire la supply chain del futuro, in grado di supportare le organizzazioni nella definizione di un processo decisionale più intelligente, con funzionalità di calcolo ottimali per il pricing e la gestione dell’inventario. Il nostro obiettivo è rendere la complessa scienza dell'intelligenza artificiale facile da usare, e fornire prodotti che non solo funzionano, ma creano valore per i clienti. L'acquisizione da parte di ToolsGroup ci consentirà di estendere la portata della nostra tecnologia per migliorare il processo decisionale lungo l'intera catena del valore". ToolsGroup supporta oltre 400 clienti nell’ottimizzazione delle scorte, con l’obiettivo di soddisfare i livelli di servizio pianificati e i requisiti di assortimento, migliorando i risultati finanziari. Combinando le comprovate capacità di data science di Evo con le funzionalità end-to-end e i modelli ML avanzati delle applicazioni di pianificazione retail e della supply chain di ToolsGroup, le organizzazioni possono davvero ottimizzare i risultati aziendali. Combinando le comprovate capacità di data science di Evo con le funzionalità end-to-end e i modelli ML avanzati integrati nelle soluzioni di pianificazione di ToolsGroup, le organizzazioni possono potenziare le performance aziendali. I clienti ToolsGroup potranno sempre garantire il prodotto giusto al cliente giusto nel momento giusto - e ora, con Evo, al prezzo giusto. “Evo ha completato con successo il suo percorso di crescita in I3P, l’Incubatore di Imprese Innovative del Politecnico di Torino, tanto da meritarsi nel 2021 il premio di Startup dell’Anno. Siamo orgogliosi del raggiungimento di questo nuovo importante traguardo, che dimostra pienamente la qualità e il valore delle tecnologie AI sviluppate da Evo nel corso degli anni”, ha commentato Giuseppe Scellato, Presidente di I3P. ToolsGroup ed Evo condividono un solido legame con il mercato italiano, noto per la sua ricchezza e complessità nei modelli di business. Proprio in Italia, infatti, entrambe le aziende hanno avviato lo sviluppo e la sperimentazione della loro tecnologia innovativa, destinata a ottenere presto riconoscimento a livello globale. Larry Gilbert, CEO di Event Network, cliente di Evo, ha aggiunto: "In Event Network miriamo a ottimizzare il potenziale della vendita al dettaglio esperienziale. La definizione del prezzo è fondamentale per raggiungere questo obiettivo, ma la complessità intrinseca della nostra attività e del più ampio panorama retail ha aperto una sfida per ottenere informazioni tempestive, accurate e pertinenti. La soluzione Evo di ottimizzazione dei prezzi ha fornito innovazione sostenibile, supportandoci nel nostro obiettivo di offrire esperienze eccezionali. Ogni retail manager può trarre vantaggio dalle informazioni dettagliate sul pricing che solo l'intelligenza artificiale permette, e siamo entusiasti di questo nuovo capitolo nel viaggio di Evo". A seguito di un importante finanziamento da parte del fondo di investimento Accel-KKR, focalizzato nel settore tecnologico, ToolsGroup ha ampliato il portafoglio prodotti tramite l’acquisizione di Just Enough nel 2021 e di Onera nel 2022. Nell'agosto 2023, ToolsGroup è stata inclusa nel Gartner® Magic Quadrant™ per le soluzioni di pianificazione della supply chain (Midmarket Context). Park Durrett, Managing Director di Accel-KKR, ha dichiarato: “Siamo lieti di sostenere l’impegno di ToolsGroup verso una continua innovazione per aiutare i clienti a ottimizzare i processi della supply chain. L’acquisizione di Evo fa parte di un piano di crescita che mira ad assicurare a ToolsGroup una posizione di leadership nella fornitura di soluzioni strategiche e nella creazione di valore per i clienti”. Risorse Scopri di più su questa importante partnership. EvoAI achieves Quantum Learning (testo in inglese) Evo - Articolo su Harvard Business Review (testo in inglese) Evo - Harvard case study (testo in inglese) ToolsGroup ToolsGroup, leader globale nel software di pianificazione e ottimizzazione della supply chain, è partecipato dal fondo di private equity Accel-KKR. Con le sue innovative soluzioni basate sull'intelligenza artificiale, ToolsGroup consente a produttori, distributori e retailer di navigare con successo nell’incertezza della supply chain. Le nostre suite di pianificazione retail e della supply chain consentono un processo decisionale di livello avanzato intelligente e flessibile, e garantiscono miglioramenti tangibili in termini di accuratezza delle previsioni di vendita, livelli di servizio e scorte, soddisfacendo i clienti e raggiungendo KPI finanziari ed ESG. Per maggiori informazioni, seguici su LinkedIn, Twitter, YouTube, o visita www.toolsgroup.com. Evo Dal 2015, Evo utilizza l’approccio rivoluzionario dell’intelligenza artificiale prescrittiva per migliorare i processi decisionali. Le nostre applicazioni AI di facile utilizzo supportano e ottimizzano i processi di pricing, gestione dell’inventario, scoring e fidelizzazione dei clienti. Con EvoAI, i clienti definiscono gli obiettivi aziendali ed eseguono la strategia, e l'app mostra i valori ottimali per scorte, prezzi e offerte utili a centrare tali obiettivi. Evo ha una comprovata esperienza nel generare oltre $300 milioni di profitti per i suoi clienti, vanta brevetti unici e risultati su casi reali pubblicati dalla Harvard Business School. Evo è la società di intelligenza artificiale che colma il divario tra gestione aziendale e dati per generare risultati tangibili. About ToolsGroup ToolsGroup, a global leader in retail and supply chain planning and optimization software, is backed by leading tech-focused private equity fund Accel-KKR. 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 Public Relations, LLC Meir Kahtan +1 917-864-0800 mkahtan@rcn.com ToolsGroup Angela Iorio +39 02 8706 4250 aiorio@toolsgroup.com Company Website https://www.toolsgroup.com

September 27, 2023 09:00 AM Eastern Daylight Time

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DigitalAPICraft partners with Google for API marketplace growth and hires HSBC veteran as CTO

DigitalAPICraft

Organisations around the world are rushing to build API (application programming interface) marketplaces to foster greater connectivity between them and their partners and users. Global spend on API marketplaces is set to reach $50b by 2030 and helping organizations make them a success, DigitalAPICraft is today announcing their partnership with Google and the appointment of HSBC exec Marco Tedone as CTO as they scale the business. APIs form the connection points between platforms and ecosystems. Every connected mobile app, every website and every application deployed on a cloud service uses APIs and the number of APIs within organizations is growing rapidly. This has led to the prominence of API marketplaces which provide numerous benefits to developers and organizations. They simplify the process of designing and developing new applications and integrating and managing existing ones. A major advantage of the API marketplace is improved collaboration, as APIs facilitate seamless communication among various cloud applications and platforms. This allows for automated workflows and enhanced collaboration in the workplace, bridging the gaps between disconnected systems and preventing information silos that can hamper productivity. Bharath Kumar, CEO and founder of DigitalAPICraft: “Large organizations often operate in isolated silos, each composed of numerous factory teams. One recurring challenge faced by these enterprises is the need for standardization of tools and the consolidation of platforms and runtimes. This issue is compounded by the growing complexity of APIs, including various types such as Rest, GraphQL, AsyncAPI, gRPC, SOAP and others. Enterprises grapple with multiple API platforms such as Apigee, Kong, Mulesoft, Azure, AWS spanning the multi-cloud and On-Premises environments. This diversity poses API security risks, with numerous unmanaged and unsecured APIs, as well as ad-hoc API development practices, further complicated by irregular developer and partner onboarding processes.” “An API Marketplace would serve as a unified platform to consolidate existing tools and API platforms used by various teams and groups, providing a consolidated API catalog view and fostering collaboration and standardization throughout the enterprise.” To address these challenges businesses, DigitalAPICraft’s One API product suite is an Enterprise-grade, white labeled API Marketplace to efficiently publish, consume, collaborate, govern and monetize internal and external APIs for developers, product owners, and 3 rd Party Partners & developers. Today, DigitalAPICraft is partnering with Google Cloud as an ISV (Independent Software Vendor) partner and the DigitalAPICraft white-labeled enterprise API Marketplace is now available on Google Cloud marketplace. This partnership presents Google Cloud customers to quickly integrate with DigitalAPICraft and underlines the strength and depth of the offer. It offers a unique scale-up opportunity for the company. DigitalAPICraft has also appointed Marco Tedone as CTO. He joins the company with nearly two decades banking experience, the last 12 of which while working for HSBC, where he led the API Strategy and Governance as well as Modern Architectures for the group. He brings extensive experience in running successful API Programmes and knows the dynamics that power API programmes in large and successful enterprises. DigitalAPICraft was founded in 2017 by Bharath Kumar. He and the core technical team were part of the team that built the Apigee Edge API platform (part of Google Cloud). Today, they are a global team of over 100 spread across the US, UK and India. Bharath Kumar added: “APIs play a crucial role in enabling digitization. They provide the foundation for modernization and help organizations build successful business ecosystems. Software engineering leaders must develop a systematic approach to manage and govern the use of APIs across their organization”. About DigitalAPICraft DigitalAPICraft is a leading provider of white-labeled private API Marketplace products. With its products in the API and cloud engineering space, helping organizations worldwide to optimize their API adoption and scalability. With its comprehensive Suite of APIMarketplace Products, DigitalAPICraft enables enterprises to publish, consume, collaborate, govern and monetize APIs effectively, ensuring seamless integration and enhanced customer experiences. For more information, please visit For more information please visit: https://digitalapicraft.com/ Contact Details DigitalAPICraft Bilal Mahmood +44 7714 007257 b.mahmood@stockwoodstrategy.com Company Website https://digitalapicraft.com/

September 27, 2023 07:00 AM Eastern Daylight Time

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Marketplacer Available On commercetools Connect

Marketplacer

Marketplacer, a global technology platform that enables brands, retailers, suppliers, communities and innovators to build and grow successful online marketplaces at scale, today announced that it has been selected to be among the first connectors into the new commercetools integration framework, Connect, alongside other best-in-breed technology providers. This new partnership centers around a pre-built Marketplacer Connector for commercetools that customers can download to quickly and easily integrate Marketplacer’s 3rd-party marketplace technology into the commercetools platform. Switching on the Marketplacer connector in their commercetools environment gives enterprise customers the ability to streamline the process of launching a marketplace, which, in turn, enables them to accelerate and scale their 3rd-party product strategy, start tracking revenue growth and measure business impact much faster. In addition, the new Connect product enables commercetools customers to link 3rd-party sellers from the Marketplacer platform into their ecosystem. This allows customers to share data such as product updates, seller information and alerts in real time. As a result, customers can launch their marketplace faster, at scale, and at a lower cost, resulting in an enhanced customer experience. “We’re honored to be the first and preferred marketplace partner to be part of the new commercetools integration framework, Connect,” said Jason Wyatt, CEO and co-founder of Marketplacer. “This partnership will radically accelerate commercetools’ customers’ ability to enable range extension or curated marketplace capabilities, deliver them faster and still be able to take advantage of all of the flexibility of the commercetools platform.” More About commercetools Connect: In addition to accelerating time-to-market, commercetools Connect offers: A curated set of pre-built, commercetools-certified connectors that provide out-of-the-box integrations between products; A run-time environment for connectors, managed by commercetools as part of its infrastructure and provided as a paid service to customers; and, The same run-time environment to build proprietary connectors by and for customers. “Marketplacer is a great fit for commercetools Connect and we appreciate their investment in our shared customers,” said commercetools Chief Product Officer Mike Sharp. “Naturally, we are selective about the technology partners with whom we choose to go-to-market. We value the partnership we have with Marketplacer and commend them on their strong customer growth." Additional Benefits of the Marketplace Connector for commercetools The ability to create and promote products on commercetools Frontend, increasing visibility and sales potential; Improved workflow efficiency with a single source of truth for products, sellers and advertisers; and, Alignment with key principles of the MACH® alliance, ensuring a high level of control and agility. Hear more about the Marketplacer/commercetools Connect solution at the E-Commerce Expo in London, Sept. 27-28, stand F10. About Marketplacer Marketplacer is a global technology Software as a Service (SaaS) platform equipped with all the tools and functionality needed to build successful and scalable online marketplaces, at speed. To date, Marketplacer has helped build and deploy over 100 Marketplaces connecting over 13,000 businesses worldwide. The Marketplacer platform exists to make growth simple, from implementing marketplace strategies such as shipment from drop-ship sellers, adding new categories or third-party range extension, through to consolidating markets and rolling out modern revenue models such as recurring memberships that allow businesses to grow faster and beyond the constraints of capital inventory. Born and bred from the award-winning BikeExchange, the biggest online marketplace for anything and everything bike, founders Jason Wyatt and Sam Salter saw the opportunity to license the online software platform and apply it to new marketplaces. Marketplacer is responsible for the creation of online e-commerce solutions and business transformations of companies around the world. Visit marketplacer.com for more information. About commercetools commercetools is the leading composable commerce platform, allowing companies to dynamically tailor and scale shopping experiences across markets. We equip some of the world’s largest businesses with tools to future-proof digital offerings, reduce risks and costs, and build outstanding experiences that drive revenue growth. Headquartered in Munich, commercetools has led a global renaissance in digital commerce by combining cloud-native, technology-agnostic, independent components into a unique system that addresses specific business needs. We empower brands – including Audi, Danone, Eurorail, NBCUniversal, Sephora and Volkswagen Group – to stay ahead of changing consumer and buyer behavior. To learn more, visit commercetools.com. Contact Details Michael Herrera michael.herrera@marketplacer.com Company Website https://www.marketplacer.com/

September 27, 2023 02:30 AM Mountain Daylight Time

Huobi Global Rebrands to HTX: Embarking on a New Journey to the Next Decade

HTX

HTX started as a modest venture in 2013, ascended to become the largest cryptocurrency exchange in the Chinese market by 2017, and eventually withdrew from Mainland China in 2021. The previous decade has witnessed the ebbs and flows of the global crypto industry, especially within China, and has also seen HTX experience both moments of success and challenges. As we step into a new decade, HTX initiates the next leg of its decade-long journey with a brand revamp. Rebranding: From Huobi to HTX During the TOKEN2049 event's Afterparty, jointly hosted by HTX and TRON, Justin Sun, a member of the HTX Global Advisory Board, made a historic announcement: Huobi's global brand is officially evolving into HTX. As stated by a spokesperson from HTX, the letter "H" signifies Huobi and carries forward the legacy of Huobi, while "T" symbolizes TRON, signifying their commitment to further develop within the TRON ecosystem. Additionally, "X" represents the exchange itself. Alternatively, "HT" also represents the native platform token on the exchange, known as HTX Token. Therefore, the name "HTX" can also be interpreted as the trading platform for HT. Regarding the "X", Justin Sun explained it as follows: "As a Roman numeral, X represents 10, signifying HTX's 10-year journey and paying tribute to our 10th anniversary. It also symbolizes a new era for the platform, which gears up to become something more through the synergy within the ecosystem of HTX, TRON, and Poloniex." The decision to undergo a rebrand was not hasty; it represents more than just a name change. It reflects HTX's commitment to embark on a global expansion chapter after a revitalization. With the ever-changing exchange landscape and the strengthening trends of globalization and decentralization in the crypto market, HTX believes a rebrand is paramount to achieving its mission, as highlighted by Justin Sun. Expanding Global Presence and Diversifying Product Offerings Following the rebrand, HTX will embark on a new journey to focus on "global expansion, ecosystem enrichment, wealth effect, and security and compliance". Specifically, this strategic plan covers two main areas: expanding its global reach and diversifying its product offerings to achieve global expansion in a coordinated manner. HTX places a strong emphasis on key regions, active exploration of potential markets, maintenance of balanced growth across various countries, and strategic expansion of its global reach. In this regard, Hong Kong serves as a prime example of this strategy. Earlier this year, HTX made significant strides in Hong Kong. In April, the HTX Night event was held during the Hong Kong Web3 Carnival, featuring Justin Sun as a keynote speaker. Moreover, in late May, Hong Kong witnessed the establishment of the pioneering crypto rating agency HKVAC, with HTX proudly becoming its inaugural exchange member. It’s evident that HTX's presence in Hong Kong is steadily gaining momentum. Beyond Hong Kong, HTX continues to make significant strides in strengthening compliance efforts across various countries and regions, such as Gibraltar, Lithuania, Dubai, BVI, Australia, and others. HTX is diligently working to obtain licenses and establish compliance infrastructure in these locations. Additionally, in June, HTX's Mars Program ventured into uncharted territory, designed to push the boundaries of cryptocurrency adoption, even extending its reach to the vast realm of space. In tandem with its global expansion efforts, HTX is dedicated to diversifying its product offerings, introducing top-quality assets from various ecosystems, including Layer-1, Layer-2, and meme coin projects. Meanwhile, with products like PrimeVote, Flexi Max, and Shark Fin as a foundation, HTX aims to continue providing an all-encompassing platform covering spot trading, derivatives trading, wealth management, asset management, etc. What sets HTX apart is its competitive edge, well-aligned with the TRON blockchain, which hosts billions of USDT and a massive user base. This brings together the synergy of an exchange, public blockchain, and stablecoin, resulting in a "1+1>2" effect. It is also important to note the contributions HTX has made to increase the broader acceptance of cryptocurrency. Lucky users from the HTX Mars Program during HTX's 10th-anniversary celebrations included a multitude of prizes. The prizes include a chance to compete with shortlisted space candidates for a coveted $6 million space travel, a round trip experience on a Gulfstream private jet, and the latest Tesla Model 3 (distributed in the form of 20,000 USDT and 20,000 USDT in future trial bonuses). HTX aims to attract more users and bring them into the cryptocurrency realm by offering a variety of campaigns with attractive rewards. Again, HTX remains dedicated to catering to users' trading needs within the mainstream crypto ecosystem while venturing into emerging sectors simultaneously to discover additional wealth opportunities for its users. This approach not only addresses users' essential requirements in the present crypto market but also aligns with its post-rebranding vision: "Enabling Financial Freedom for All 8 Billion People on Earth." Summary Over a decade, the cryptocurrency industry has undergone a series of transformations, transitioning from fundamental concepts to the creation of foundational technologies and subsequently evolving into the refinement and advancement of practical applications. Throughout this remarkable journey, we have witnessed the emergence of diverse new sectors and projects at various stages of the cryptocurrency market's evolution. These include DeFi derivatives, Layer2 solutions, DIDs, GameFi, NFT liquidity, cross-chain protocols, non-custodial wallets, DAOs, and more. The cryptocurrency industry and its participants have consistently demonstrated their value over the period of more than ten years. With the ongoing innovation of business models, the maturation of products, and new narratives, the crypto market is well-positioned to benefit from the next significant wave of opportunities. HTX is also ready to reaffirm its position in this evolving landscape. Embracing the rebranded name HTX as its new identity, the exchange will strategically push for globalization, actively promote regulatory compliance and product innovation, and embark on its ambitious plan for the next decade. About HTX Founded in 2013, HTX has evolved from a crypto exchange into a comprehensive ecosystem of blockchain businesses that span digital asset trading, financial derivatives, wallets, research, investment, incubation and other areas. HTX serves millions of users worldwide, with a business presence covering over 160 countries and regions across five continents. Its three development strategies - "global development, technology drives development, and technology for good" underpin its commitment to providing comprehensive services and values to global cryptocurrency enthusiasts. Contact Details Michael Wang glo-media@htx-inc.com Company Website https://www.htx.com/

September 26, 2023 01:56 PM Eastern Daylight Time

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